STORY: The U.S. on Monday added Chinese e-commerce giant Alibaba, internet search provider Baidu, and automakers BYD and Nio to a list of companies it believes are aiding Beijing's military. It's a move which could inflame tensions between the countries. The long-awaited update takes the place of a list from early last year. And comes less than a month after President Donald Trump met China's Xi J...
STORY: The U.S. on Monday added Chinese e-commerce giant Alibaba, internet search provider Baidu, and automakers BYD and Nio to a list of companies it believes are aiding Beijing's military. It's a move which could inflame tensions between the countries. The long-awaited update takes the place of a list from early last year. And comes less than a month after President Donald Trump met China's Xi Jinping on a visit to Beijing. The list now includes a large number of China's top technology firms key to advancing Beijing's military and industrial prowess. It reflects Washington's security concerns amid intense geopolitical competition between the countries. In February, when Trump's trip to China had been pending, the Pentagon briefly posted an updated list. But then quickly withdrew it with little explanation. The new version mirrors the withdrawn February list but also includes China's top memory chipmakers CXMT and YMTC, as well as other tech firms. Alibaba said in a statement there was "no basis" for its inclusion on the list. While Baidu "categorically" rejected its inclusion. BYD and others didn't immediately respond to requests for comment. China's embassy in Washington said Beijing opposed, quote, "making discriminatory lists to go after Chinese companies," and that its firms observe local laws and regulations.
FEATURE There’s no need for Wall Street to worry about the artificial-intelligence trade fizzling out, judging by the stocks that were rising ahead of the opening bell Tuesday. Chip maker Marvell Technology jumped 4.
FEATURE There’s no need for Wall Street to worry about the artificial-intelligence trade fizzling out, judging by the stocks that were rising ahead of the opening bell Tuesday. Chip maker Marvell Technology jumped 4.
According to a recent SEC filing , M.D. Sass, LLC sold 1,399,804 shares of SLM Corporation during the first quarter of 2026. The estimated transaction value was $33.1 million, based on the quarter’s average closing price. Sallie Mae is the largest provider of private student loans in the United States, helping students and families finance higher education through a focused suite of banking and le...
According to a recent SEC filing , M.D. Sass, LLC sold 1,399,804 shares of SLM Corporation during the first quarter of 2026. The estimated transaction value was $33.1 million, based on the quarter’s average closing price. Sallie Mae is the largest provider of private student loans in the United States, helping students and families finance higher education through a focused suite of banking and lending products. M.D. Sass's complete exit from SLM is an interesting move. The position previously accounted for roughly 3% of the fund's total reportable holdings, so the decision to sell every share in a single quarter is worth exploring, even if the rationale isn't spelled out in the filing itself. Continue reading
Guido Mieth/DigitalVision via Getty Images Today, I am reviewing the Vanguard Dividend Appreciation Index Fund ETF ( VIG ). VIG is a dividend growth ETF that focuses on large-cap U.S. equities that have been increasing dividends for 10+ consecutive years. The key differentiator from yield-focused funds is that VIG does not chase the highest dividends, and by design, it excludes the highest dividen...
Guido Mieth/DigitalVision via Getty Images Today, I am reviewing the Vanguard Dividend Appreciation Index Fund ETF ( VIG ). VIG is a dividend growth ETF that focuses on large-cap U.S. equities that have been increasing dividends for 10+ consecutive years. The key differentiator from yield-focused funds is that VIG does not chase the highest dividends, and by design, it excludes the highest dividend-yielding companies. While this allows investors to avoid companies with high but unsustainable yields, it also means investors sacrifice significant current income, a trade-off worth examining before investing. One reason I'm cautious on VIG today is that its cycle-neutral positioning cuts both ways. Yes, the fund has shown resilience across different market conditions. But at the same time, in strong bull markets, the 4% cap on winners and the exclusion of high-yield stocks mean that VIG will likely lag. For investors uncertain about what comes next, VIG offers stability, but at the cost of upside potential. VIG is not the highest-yielding, best-performing, or most exciting dividend ETF. It is consistent, but this consistency has a price. I think that the combination of low cost, quality screen, broad diversification, and single-stock cap makes VIG a solid fund. However, “solid” does not make it a “buy.” I rate VIG a Hold for most investors. For those who already own it, I see no urgent reason to sell. But for a potential investor, the 1.48% yield and capped upside make other options, such as SCHD for a higher yield or simply an S&P 500 fund for growth, worth considering first. How VIG filters for dividend reliability VIG tracks the S&P U.S. Dividend Growers Index. The index methodology is as follows: The index begins with all equities of the S&P United States Broad Market Index. It excludes all REITs. Then it selects companies that have increased dividends for at least 10 consecutive years (dividend initiation or re-initiation does not count as an increase), considering...
Titan Machinery press release ( TITN ): Q1 GAAP EPS of -$0.55 beats by $0.13 . Revenue of $522.4M (-12.1% Y/Y) beats by $36.79M . Equipment revenue was $364.7 million for the first quarter of fiscal 2027, compared to $436.8 million in the first quarter last year. Parts revenue was $103.8 million for the first quarter of fiscal 2027, compared to $105.6 million in the first quarter last year. Servic...
Titan Machinery press release ( TITN ): Q1 GAAP EPS of -$0.55 beats by $0.13 . Revenue of $522.4M (-12.1% Y/Y) beats by $36.79M . Equipment revenue was $364.7 million for the first quarter of fiscal 2027, compared to $436.8 million in the first quarter last year. Parts revenue was $103.8 million for the first quarter of fiscal 2027, compared to $105.6 million in the first quarter last year. Service revenue was $43.8 million for the first quarter of fiscal 2027, compared to $44.0 million in the first quarter last year. Rental and other revenue was $10.2 million for the first quarter of fiscal 2027, compared to $7.9 million in the first quarter last year. (in millions, except per share data and percentages) Current ExpectationsFiscal 2027 Segment Revenue Agriculture Down 15% - Down 20% Construction Flat - Up 5% Europe Down 20% - Down 25% Australia Up 10% - Up 15% Adjusted EBITDA $17.0 - $29.0 Adjusted Consolidated Pre-tax Loss (1) ($28.0) - ($39.0) Tax Expense $0.0 - $1.0 Adjusted Net Loss (1) ($28.0) - ($40.0) Adjusted Diluted Loss Per Share (1) ($1.25) - ($1.75) Click to enlarge More on Titan Machinery Titan Machinery: Industry Conditions Warrant Pessimism (Rating Downgrade) Titan Machinery: Major Concerns, Minor Silver Linings (Rating Downgrade) Titan Machinery Inc. (TITN) Q4 2026 Earnings Call Transcript Titan Machinery Q1 2027 Earnings Preview Titan Machinery outlines 15–20% ag revenue decline for 2027 while projecting improved equipment margins
Goldman Hikes Obesity Drug Market Forecast As Oral GLP-1s Go Mass Market The global weight-loss drug market is now expected to reach $114 billion by 2030 , up from Goldman's prior $101 billion forecast, as analysts cite faster adoption of oral obesity pills, stronger demand outside the U.S., and improved affordability that is expanding the patient pool. Goldman analysts led by Asad Haider and Jame...
Goldman Hikes Obesity Drug Market Forecast As Oral GLP-1s Go Mass Market The global weight-loss drug market is now expected to reach $114 billion by 2030 , up from Goldman's prior $101 billion forecast, as analysts cite faster adoption of oral obesity pills, stronger demand outside the U.S., and improved affordability that is expanding the patient pool. Goldman analysts led by Asad Haider and James Quigley laid out four main drivers behind the upgraded 2030 anti-obesity drug TAM forecast (previous forecast made in Dec. 2025): 1. Higher oral vs. injectable share and a higher oral TAM. With oral NBRx (new-to-brand) prescriptions (a leading indicator) now 40-50% following the strong launch of Novo's Wegovy pill, we now expect orals to represent 40% ($46bn) of the 2030 global revenue TAM (vs. 35%/$35bn prior). 2. Shifting sales mix within orals. We balance our share splits with Novo's Wegovy pill now 38% (vs. 16% prior), LLY's Foundayo now 48% (54% prior) and "other" now 14% (vs. 30% prior). We now forecast Wegovy peak global sales of $17.4bn (vs. prior $8bn) and Foundayo 2030 sales of $22bn (vs. prior $19bn). 3. Increased OUS penetration and a higher OUS TAM. Per stronger-than-expected OUS ramp for LLY's Mounjaro, we now forecast 2030 total OUS obesity sales of $48bn vs. $39bn prior, driving most of the higher 2030 Global TAM from $101bn to $114bn. 4. Updated pricing assumptions across channels. We lower pricing assumptions in the US DTC channel by 20% (to now $287 vs. prior $355) driven by lower prices across the board and higher oral mix shift. Haider expects Eli Lilly and Novo Nordisk to control 82% of the global GLP-1 market share by the end of the decade. The forecast assumes a larger shift towards oral obesity drugs. Oral obesity drugs are expanding market share. The oral Wegovy pill has had greater momentum since launch compared to Lilly's Foundayo. Wegovy and Foundayo to dominate oral obesity drugs in the new forecast. Medicare is expanding the patient pool. Go...
Privacy is a great feature in financial technology. But if a system is private, so might be some of its faults, and therein lies a freshly revealed whopper of a problem for Zcash (CRYPTO: ZEC) . A four-year-old bug in the privacy-focused cryptocurrency, disclosed on June 5 by security researchers, could have theoretically enabled the undetectable minting of an unlimited quantity of counterfeit Zca...
Privacy is a great feature in financial technology. But if a system is private, so might be some of its faults, and therein lies a freshly revealed whopper of a problem for Zcash (CRYPTO: ZEC) . A four-year-old bug in the privacy-focused cryptocurrency, disclosed on June 5 by security researchers, could have theoretically enabled the undetectable minting of an unlimited quantity of counterfeit Zcash. Developers patched the flaw within days, but the asset shed 40% of its value in the 24 hours after disclosure, and investor trust has cratered. Is this coin still worth buying on the dip, or is it game over? Image source: Getty Images. Continue reading
Lands' End press release ( LE ): Q1 Non-GAAP EPS of -$0.11 beats by $0.09 . Revenue of $238.9M (-8.5% Y/Y) misses by $29.07M . The decrease in revenue was driven primarily by the temporary disruption associated with the rollout of a new warehouse management system and the deliberate pacing of shipments as the distribution centers ramped back to normal capacity. Excluding the impact of the temporar...
Lands' End press release ( LE ): Q1 Non-GAAP EPS of -$0.11 beats by $0.09 . Revenue of $238.9M (-8.5% Y/Y) misses by $29.07M . The decrease in revenue was driven primarily by the temporary disruption associated with the rollout of a new warehouse management system and the deliberate pacing of shipments as the distribution centers ramped back to normal capacity. Excluding the impact of the temporary disruption, the Company estimates it would have delivered low single-digit revenue growth in the quarter. For Second Quarter fiscal 2026 the Company expects: Net revenue to be between $290.0 million and $310.0 million. Net loss to be between $5.0 million and $2.0 million and diluted loss per share to be between $0.16 and $0.06 Adjusted net income to be between $2.0 million and $5.0 million and Adjusted diluted earnings per share to be between $0.06 and $0.16. Adjusted EBITDA in the range of $11.0 million to $14.0 million. For fiscal 2026 the Company now expects: Net revenue to be between $1.30 billion and $1.40 billion. Net income to be between $310.0 million and $320.0 million and diluted earnings per share to be between $10.02 and $10.34. Adjusted net income to be between $10.0 million and $20.0 million and Adjusted diluted earnings per share to be between $0.32 and $0.65. Adjusted EBITDA in the range of $68.0 million to $78.0 million. More on Lands' End Lands' End Q1 Preview: Watching Growth Momentum As Shares Reasonably Valued Lands' End: A Return To Growth In Q4, Shares Fairly Valued Lands' End, Inc. (LE) Q4 2026 Earnings Call Transcript Lands' End Q1 2027 Earnings Preview Quant snapshot: United Natural Foods, Designer Brands lead top-rated names as MIND Technology, BARK lag
hapabapa/iStock Editorial via Getty Images Midway into a historic bull market run in 2026, the stock market is finally showing signs of giving up its tremendous gains. The semiconductor and AI stocks that have led the charge this year are finally showing signs of fading, but at the same time, investors' risk appetite isn't shifting either into the smaller and mid-cap companies that have been major...
hapabapa/iStock Editorial via Getty Images Midway into a historic bull market run in 2026, the stock market is finally showing signs of giving up its tremendous gains. The semiconductor and AI stocks that have led the charge this year are finally showing signs of fading, but at the same time, investors' risk appetite isn't shifting either into the smaller and mid-cap companies that have been major decliners since the start of the year. Lucid Group, Inc. ( LCID ), the third-largest EV maker in the U.S. and a distant competitor behind Tesla, Inc. ( TSLA ) and Rivian Automotive, Inc. ( RIVN ), has been hit hard this year. Shares of Lucid are down more than 50% year to date, compared to down 10% for Tesla and down 15% for Rivian, which reflects investors' increasing skepticism toward EV stocks, especially those at a smaller scale (and that don't have an AI/robotics angle like Tesla). The question for investors now is: is Lucid beyond saving, or is this sharp drop a buying window? Data by YCharts I last wrote a buy article on Lucid in April, when the stock was trading at $8 per share. Since then, shares of Lucid have tanked ~40%, especially after a disappointing Q1 earnings print. I'll issue a mea culpa on this stock: I was overly weighing my buy rating toward the promise of the company's robotaxi deals and its 2027 midsize/cheaper car launch, but many issues are popping up in the present term that prevent me from being overly bullish on the company now. I'm dropping my rating on Lucid to neutral. Weak Q1 sales, recall issue Let's dig straight into the problems that have deeply impacted sentiment for Lucid in the last few months. The first is the very weak Q1 deliveries. To some extent, this is expected as Lucid is going through a major product transition. Tesla, Inc. (TSLA) and other carmakers have experienced similar, cyclical dips upon a highly anticipated product refresh. Q1 delivery units clocked in at just 3,093, declining -1% y/y. For context here: in FY25, Lucid ...
Hyperscale Data ( GPUS ) said that its Bitcoin treasury has increased to approximately 708.9675 BTC, representing an aggregate value of approximately $44.8M. In aggregate, the company's wholly owned subsidiaries, Sentinum and Ault Capital Group, held 708.9675 Bitcoin as of June 7, 2026. The company intends to deploy the cash fully allocated to its digital asset treasury strategy into Bitcoin purch...
Hyperscale Data ( GPUS ) said that its Bitcoin treasury has increased to approximately 708.9675 BTC, representing an aggregate value of approximately $44.8M. In aggregate, the company's wholly owned subsidiaries, Sentinum and Ault Capital Group, held 708.9675 Bitcoin as of June 7, 2026. The company intends to deploy the cash fully allocated to its digital asset treasury strategy into Bitcoin purchases over time. The stock price dropped about 5% on Tuesday pre-market. More on Hyperscale Data Hyperscale Data, Inc. (GPUS) Shareholder/Analyst Call Transcript Hyperscale Data terminates ATM sales agreement, raised $24.7M Hyperscale Data reports 644.7581 Bitcoin, cash & bitcoin reserves hit $93.5M Historical earnings data for Hyperscale Data Financial information for Hyperscale Data
Thomas Barwick/DigitalVision via Getty Images Shares of Malibu Boats ( MBUU ) have seen a real boom-bust cycle over the past decade, as we currently still find ourselves at the bust stage. After going public at levels in the teens in 2014, shares peaked around the $90 mark in 2021 following the boom induced by discretionary spending during the pandemic. Ever since, shares have continuously come do...
Thomas Barwick/DigitalVision via Getty Images Shares of Malibu Boats ( MBUU ) have seen a real boom-bust cycle over the past decade, as we currently still find ourselves at the bust stage. After going public at levels in the teens in 2014, shares peaked around the $90 mark in 2021 following the boom induced by discretionary spending during the pandemic. Ever since, shares have continuously come down, now trading at just $26 per share. This relentless decline in the share price came as revenues have come down, with realistic earnings being minimal. After a mixed M&A track record, the company recently announced a larger deal in Europe. While its M&A track record historically is soft, real appeal can be seen if execution is delivered upon, with still many question marks to be answered in the quarters to come. Tough Times In May of this year, Malibu Boats reported a 3% increase in third quarter sales to $235 million as the composition of growth is bad, with inflation hitting this market as well, as unit volumes were down 12% to just 1,253 boats. Despite rising selling prices and the number of units sold falling, gross profit margins fell by 2.5% to 17.5% of sales, as EBITDA margins were down nearly 3 points to 9% and change. The company posted a GAAP net loss of $2.4 million, equal to $0.13 per share. Meanwhile, adjusted earnings fell by eighteen cents to $0.56 per share, among others, adjusted for a seven-cent adjustment for stock-based compensation expenses. The company reported a net debt load of $115 million, following an M&A deal in Europe (to which I will elaborate on next). Some 19 million shares are outstanding and trading at $26, which gives the company a market value of $500 million. This values the entire business at around $615 million here. This compares to a full-year outlook, which calls for sales between $880-$886 million and adjusted EBITDA seen between $72-$74 million, valuing the business at 0.7 times sales and 8.4 times EBITDA, as these numbers inclu...
t_kimura/iStock Unreleased via Getty Images Listen below or on the go via Apple Podcasts and Spotify Apple ( AAPL ) WWDC 2026: New Siri, iOS, and AI updates galore . (00:14) Sirius XM ( SIRI ) to join S&P MidCap 400 ; shares move higher. (01:37) Costco Wholesale ( COST ) lowers prices on select Kirkland brand items. (01:58) The new Siri is here. Apple ( AAPL ) finally made good on its word on Mond...
t_kimura/iStock Unreleased via Getty Images Listen below or on the go via Apple Podcasts and Spotify Apple ( AAPL ) WWDC 2026: New Siri, iOS, and AI updates galore . (00:14) Sirius XM ( SIRI ) to join S&P MidCap 400 ; shares move higher. (01:37) Costco Wholesale ( COST ) lowers prices on select Kirkland brand items. (01:58) The new Siri is here. Apple ( AAPL ) finally made good on its word on Monday after months and years of speculation, broken promises, and updates. The tech giant unveiled Siri AI at its annual Worldwide Developers Conference. Siri AI uses Apple Intelligence to tap into its capabilities and comes with a dedicated app. It can look up information, set reminders, provide details of photos, and work with Visual Intelligence. With Visual Intelligence, a person can point their camera at a plate of food and get nutrition facts or take a photo of a bill and decide how to split it. Apple CEO Tim Cook said that developers are building more apps than ever with more than 1,000 app submissions every hour. The senior vice president of Software Engineering, Craig Federighi, said, unlike others, Apple is taking privacy into account and not doing AI “just for the sake of it.” Federighi went on to say that Apple believes privacy with AI is “non-negotiable.” The VP also talked up Apple’s partnership with Google ( GOOG ) ( GOOGL ) Gemini. In addition, the company overhauled iOS ahead of the likely release of a foldable iPhone later this year. Find a full breakdown of the updates here . Sirius XM Holdings ( SIRI ) will replace Masimo ( MASI ) in the S&P MidCap 400. This takes effect prior to the opening of trading on Thursday, June 11. Danaher Corp. ( DHR ) is acquiring Masimo in a deal expected to be completed soon pending final conditions. Sirius XM Holdings ( SIRI ) is up 3.7% in premarket action. A few items have gotten cheaper at Costco Wholesale ( COST ). The wholesale club quietly cut prices on a handful of Kirkland Signature items. The reduced prices include cu...
Designer Brands press release ( DBI ): Q1 Non-GAAP EPS of -$0.37 misses by $0.40 . Revenue of $696.35M (+1.4% Y/Y) in-line. Total comparable sales decreased by 1.1%. The Company is reaffirming the following guidance for the full year 2026: Metric 2026 Guidance Designer Brands Change in Net Sales Down 1% to Up 1% Diluted Earnings per Share $0.28 - $0.38 Click to enlarge Shares +3.6% PM. More on Des...
Designer Brands press release ( DBI ): Q1 Non-GAAP EPS of -$0.37 misses by $0.40 . Revenue of $696.35M (+1.4% Y/Y) in-line. Total comparable sales decreased by 1.1%. The Company is reaffirming the following guidance for the full year 2026: Metric 2026 Guidance Designer Brands Change in Net Sales Down 1% to Up 1% Diluted Earnings per Share $0.28 - $0.38 Click to enlarge Shares +3.6% PM. More on Designer Brands Designer Brands Isn't A Great Fit Right Now (Downgrade) Designer Brands Guides For A Flat FY26 But Still Trades At 17x Adjusted Earnings Designer Brands Inc. (DBI) Q4 2026 Earnings Call Transcript Designer Brands Q1 2027 Earnings Preview Quant snapshot: United Natural Foods, Designer Brands lead top-rated names as MIND Technology, BARK lag