adventtr/iStock via Getty Images SSR Mining Update Data by YCharts SSR Mining ( SSRM ) is a stock that, just two years ago, virtually no investors wanted to touch. The company was dealing with the Copler mine landslide in Turkey, which unfortuntately led to the deaths of multiple workers. Revenue from the company's largest asset went to zero overnight. Then the lawsuits came in. The narrative was ...
adventtr/iStock via Getty Images SSR Mining Update Data by YCharts SSR Mining ( SSRM ) is a stock that, just two years ago, virtually no investors wanted to touch. The company was dealing with the Copler mine landslide in Turkey, which unfortuntately led to the deaths of multiple workers. Revenue from the company's largest asset went to zero overnight. Then the lawsuits came in. The narrative was essentially broken for a once promising gold mining stock. Fast forward to today and SSRM is up over 50% year-to-date, trading near $31.50. Yet, even after that move, the stock is still cheap by any measure. What management has done over the past 18 months to reshape this company doesn't get enough credit, and I think shares still look good here despite the big rise this year, as I argue below. The Copler Exit Changes Everything On March 4, SSR Mining announced a binding agreement to sell its 80% stake in the Copler mine and related Turkish properties to Cengiz Holding for $1.5 billion in cash. The full purchase price is payable at closing, which is expected in Q3 2026; it's subject to regulatory approval from Turkey's General Directorate of Mining and Petroleum Affairs, but I expect they won't have any issues there. This is a clean exit from what had become the company's biggest liability. Copler was producing zero ounces, generating zero revenue, and burning cash on care and maintenance. Getting $1.5 billion for an asset in that condition is a win. Cengiz, one of Turkey's largest industrial conglomerates, has put $100 million in escrow, and there's also a $50 million termination fee for either party. I think that the deal structure suggests both sides want this to close. The transaction excludes SSR Mining's interest in the Hod Maden development project. I wouldn't be surprised to see management eventually monetize that stake too, if the company's goal is to exit Turkey completely. SSR Mining paid roughly $270 million for a 40% interest in 2023. The January 2026 technical...
HAKINMHAN/iStock via Getty Images Shares of Simulations Plus ( SLP ) jumped 14% in premarket trading after a quarterly beat and a strong full-year outlook, with continued advances in AI seen as a tailwind for biosimulation. The company, which provides modeling and simulation software and consulting for pharma and biotech, said it exceeded the top-line guidance and delivered $24.3 million in revenu...
HAKINMHAN/iStock via Getty Images Shares of Simulations Plus ( SLP ) jumped 14% in premarket trading after a quarterly beat and a strong full-year outlook, with continued advances in AI seen as a tailwind for biosimulation. The company, which provides modeling and simulation software and consulting for pharma and biotech, said it exceeded the top-line guidance and delivered $24.3 million in revenue during the second quarter with growth in both software and service segments. Adjusted EBITDA was $8.7 million, reflecting a 36% margin, and adjusted diluted EPS was $0.35, in line with internal expectations. Turning to the macro environment, the company sees "encouraging market conditions globally, supported by ongoing most favored nation pricing agreements, easing tariff concerns and a more supportive funding environment" for customers, Simulations Plus ( SLP ) CEO Shawn O'Connor said. "We're seeing a pickup in client spending reflected in solid software renewal rates, increased new logo activity and strengthened service bookings." The stock is down 28% YTD. More on Simulations Plus Simulations Plus, Inc. (SLP) Q2 2026 Earnings Call Transcript Simulations Plus, Inc. 2026 Q2 - Results - Earnings Call Presentation Simulations Plus, Inc. (SLP) Analyst/Investor Day - Slideshow Simulations Plus Q2 2026 Earnings Preview Quant snapshot: Delta Air Lines leads top-rated names as Byrna Technologies, Simulations Plus lag
The AI race is running into an unexpected wall—and it's not chips or capital. It's water, power, and local resistance. As Amazon.com, Inc., Microsoft Corporation, and Alphabet Inc. push to expand data center capacity, investors are starting to question whether the physical footprint of AI is becoming the real constraint. AI Growth Meets Real-World Limits According to a Reuters report, multiple hyp...
The AI race is running into an unexpected wall—and it's not chips or capital. It's water, power, and local resistance. As Amazon.com, Inc., Microsoft Corporation, and Alphabet Inc. push to expand data center capacity, investors are starting to question whether the physical footprint of AI is becoming the real constraint. AI Growth Meets Real-World Limits According to a Reuters report, multiple hyperscalers have already scrapped or delayed billion-dollar data center projects in the U.S. amid comm
tupungato/iStock Editorial via Getty Images By Min Joo Kang, Senior Economist, South Korea and Japan Korea's central bank faces a complex economic situation In its meeting statement, the Bank of Korea highlighted the challenge of balancing support for economic growth and curbing inflation. The BoK observed that price pressures have risen significantly since early March, with annual consumer price ...
tupungato/iStock Editorial via Getty Images By Min Joo Kang, Senior Economist, South Korea and Japan Korea's central bank faces a complex economic situation In its meeting statement, the Bank of Korea highlighted the challenge of balancing support for economic growth and curbing inflation. The BoK observed that price pressures have risen significantly since early March, with annual consumer price index growth likely to exceed February’s forecast of 2.2%. GDP growth, meanwhile, is now projected to fall below the earlier 2.0% forecast. BoK Governor Rhee has consistently adhered to a principle: temporary external shocks do not warrant monetary policy responses. However, if such shocks start to raise inflation expectations and cause secondary effects, the BoK will adjust its policy accordingly. Although the BoK is expected to act in accordance with prevailing conditions, circumstances don’t require a rate change at this time. Speaking on the BoK’s 3-month and 6-month forward guidance, Rhee said there was no discussion of a policy leaning among board members amid fast-moving events in the Middle East. As a result, today's meeting offered no clear directional guidance from the BoK. Governor Rhee’s communication remained neutral. With Governor Rhee scheduled to retire on April 20, he probably sought to allow greater flexibility for his successor - likely to be candidate Shin Hyun-song - to navigate policy choices in these uncertain times. Overall policy direction still tilted toward hawkish side Rhee explained that supply-side impacts from the current Middle East conflict are significantly greater than the effect observed during the Ukraine-Russia war in 2022. In addition, KRW is currently in a much weaker position than in 2022, making it more sensitive to price shifts. The BoK now projects that both headline and core inflation will likely rise more than previously forecasted. The emphasis on high inflation sensitivity and upside risks to core inflation signals that the Bo...
Nvidia stock was on course to snap a seven-day winning streak on Friday as investors shied away from tech stocks ahead of a key inflation report. Shares in the chip maker slid 0.6% to $182.88 ahead of the opening bell. Nvidia had risen for seven straight sessions through Thursday’s close, its longest run of consecutive daily gains since November 2023, according to Dow Jones Market Data.
Nvidia stock was on course to snap a seven-day winning streak on Friday as investors shied away from tech stocks ahead of a key inflation report. Shares in the chip maker slid 0.6% to $182.88 ahead of the opening bell. Nvidia had risen for seven straight sessions through Thursday’s close, its longest run of consecutive daily gains since November 2023, according to Dow Jones Market Data.
Micron Technology (NASDAQ:MU) has risen 485.1% over the past year, but our model now flags a meaningful pullback risk. The 24/7 Wall St. Price Target for Micron is $318.89, implying -15.58% downside from the current price of $377.76. Our model carries a confidence level of 90% that the stock trades below current levels within the ... Micron Has 15.58% Downside Risk to Our $318.89 Target Despite th...
Micron Technology (NASDAQ:MU) has risen 485.1% over the past year, but our model now flags a meaningful pullback risk. The 24/7 Wall St. Price Target for Micron is $318.89, implying -15.58% downside from the current price of $377.76. Our model carries a confidence level of 90% that the stock trades below current levels within the ... Micron Has 15.58% Downside Risk to Our $318.89 Target Despite the 485.1% Rally
Iran Ceasefire Allows For Netanyahu's Corruption Trial To Finally Resume Israel is lifting its state of emergency given that the Iran ceasefire appears to be holding, and with that Prime Minister Benjamin Netanyahu’s long-running corruption trial will resume in the coming days , according to Reuters . "With the lifting of the state of emergency and the return of the judicial system to work, hearin...
Iran Ceasefire Allows For Netanyahu's Corruption Trial To Finally Resume Israel is lifting its state of emergency given that the Iran ceasefire appears to be holding, and with that Prime Minister Benjamin Netanyahu’s long-running corruption trial will resume in the coming days , according to Reuters . "With the lifting of the state of emergency and the return of the judicial system to work, hearings will resume as usual," a statement from the Israeli courts confirms. via AFP Hearings are scheduled to take place from Sunday through Wednesday. Of course, the fragile truce could collapse at any moment - after Netanyahu, along with Smotrich and Ben-Gvir, have pushed to extend Israel's wars. But normalcy is returning to Israel, and sirens are no longer constantly blaring out. Even Ben Gurion international airport is fully reopened. Netanyahu has long been accused, even within Israel, of seeking to prolong Israel's 'multi-front' wars in order to permanently delay the corruption trial and ensure his time in power is extended. The trial focuses on three corruption cases - including charges of fraud and breach of trust, as well as charges of bribery. The allegations range from illegally receiving expensive gifts based on political favors , to quid pro quo agreements with some Israeli media sources for more favorable coverage, to authorizing telecom-related regulatory decisions to benefit friends and allies. Israeli Shekel Closes at Highest Level Since November 1995 on Iran Ceasefire: Netanyahu was first indicted in 2019 following years of investigation. The trial began in 2020 and faced repeated delays, including interruptions tied to the Gaza war that began in October 2023. President Trump has on several occasions called the whole legal saga "politically motivated" and asserted that the prime minister been through a "Horror Show". He's asked for Netanyahu to be pardoned, calling it a "witch hunt". Iran's Foreign Minister meanwhile used this development on the resumption of ...
The Strait of Hormuz crisis is not an aberration from the new geopolitical order — it is an expression of it and investors need to adjust to this fast, says a Nuveen strategist.
The Strait of Hormuz crisis is not an aberration from the new geopolitical order — it is an expression of it and investors need to adjust to this fast, says a Nuveen strategist.
Yuriy Komarov/iStock Editorial via Getty Images I rate Microsoft ( MSFT ) a strong buy at $374.33 (at the time of writing). Wall Street is mispricing Microsoft’s shift into an agentic business leader and punishing MSFT stock for a temporary $37.5 billion CapEx cycle and FCF compression. This panic does not consider the depreciation gap, as aggressive hardware amortization masks a big possible oper...
Yuriy Komarov/iStock Editorial via Getty Images I rate Microsoft ( MSFT ) a strong buy at $374.33 (at the time of writing). Wall Street is mispricing Microsoft’s shift into an agentic business leader and punishing MSFT stock for a temporary $37.5 billion CapEx cycle and FCF compression. This panic does not consider the depreciation gap, as aggressive hardware amortization masks a big possible operating leverage (the outcome). As Microsoft shifts from a cloud provider to the definitive AI control plane, the launch of the M365 E7 Frontier Suite ( $99/user/month ) can absorb shrinking enterprise SaaS budgets. Further, shifting inferencing workloads to its own Maia 200 silicon defends the 65% Azure gross margin floor over the long term against Nvidia's ( NVDA ) pricing power. However, the main risks to my strong buy MSFT stock thesis are the $281 billion OpenAI ( OPENAI ) concentration risk [that is mainly OpenAI routing future workloads to Amazon ( AMZN ) AWS] and the Headless Office phenomenon (autonomous AI agents can lead to high corporate seat deflation) that is risking Microsoft’s core per-user subscription annuity model. My previous coverage/thesis rated Microsoft stock as a strong buy based on its shift into an irreplaceable AI utility provider. The bullish outlook was based on a big surge in Q1 commercial bookings and Remaining Performance Obligation [RPO] backlog. This pre-sold order book trend, in my opinion (at that time), backs high revenue projections and is a buffer against macro shocks, and it is fueling Azure's growth. That thesis marked short-term risks from the CapEx depreciation cliff linked to short-lived AI hardware. The article’s blended valuation model projected up to a 113% mid-to-long-term price upside (target of $608–$722 range). I marked, for a worst-case price drop, $388 as a major long-term support at that time, and now MSFT stock is near this level. In the current article, I have updated the thesis for the upcoming Q3 results with an expan...