Ofcom move follows concerns about misinformation and online claims over police response to Henry Nowak killing Social media companies have been ordered to have emergency measures in place to stop illegal content going viral, as regulators battle to stop the type of misinformation spiral that circulated after the 2024 summer riots. Sites such as X, formerly Twitter, and TikTok will have to have a “...
Ofcom move follows concerns about misinformation and online claims over police response to Henry Nowak killing Social media companies have been ordered to have emergency measures in place to stop illegal content going viral, as regulators battle to stop the type of misinformation spiral that circulated after the 2024 summer riots. Sites such as X, formerly Twitter, and TikTok will have to have a “crisis protocol” in place to intervene when the sharing of dangerous content begins to spike. Continue reading...
kodda Black Rock's ( BLK ) Global Infrastructure Partners and Brookfield Asset Management ( BAM ) are among private equity firms shortlisted to buy a stake in a Kuwaiti pipeline network, Bloomberg reported Tuesday, despite the Middle East war that has severely restricted Persian Gulf energy production. Kuwait Petroleum Corp. also picked other contenders to proceed to the next round of bidding, inc...
kodda Black Rock's ( BLK ) Global Infrastructure Partners and Brookfield Asset Management ( BAM ) are among private equity firms shortlisted to buy a stake in a Kuwaiti pipeline network, Bloomberg reported Tuesday, despite the Middle East war that has severely restricted Persian Gulf energy production. Kuwait Petroleum Corp. also picked other contenders to proceed to the next round of bidding, including EIG Global Energy Partners , Apollo Global Management ( APO ), and KKR ( KKR ), according to the report. Kuwait reportedly is working with J.P. Morgan and Centerview Partners to lease part of its pipeline network, and could raise ~$7.5B from the deal. Work began on the deal Kuwait months before the war began in a renewed push to draw in foreign investors, and while Iranian attacks on its refineries did cause KPC to review its plans for the pipeline network, the firm ultimately decided to proceed because of interest from potential buyers, CEO Sheikh Nawaf Al-Sabah said. More on BlackRock and Brookfield Asset Management BlackRock: Net Flows Strong In Q1, But Overvaluation In Question BlackRock's Bullish Case Gets Stronger Brookfield Asset Management's Price Dip Is A Rare Gift
(RTTNews) - Tuesday, Greenland Energy Company (GLND) announced an agreement with Halliburton Company (HAL) for integrated consulting, logistics, and comprehensive well and drilling services.
(RTTNews) - Tuesday, Greenland Energy Company (GLND) announced an agreement with Halliburton Company (HAL) for integrated consulting, logistics, and comprehensive well and drilling services.
Redwire ( RDW ) entered into a new at-the-market (ATM) equity program that allows the company to sell up to $500M of its common stock from time to time. The offering will be managed by Truist Securities, J.P. Morgan, BofA Securities, Texas Capital Securities, Alliance Global Partners, B. Riley, Canaccord Genuity, H.C. Wainwright, KeyBanc Capital Markets, and Roth Capital Partners. Shares fell -7.6...
Redwire ( RDW ) entered into a new at-the-market (ATM) equity program that allows the company to sell up to $500M of its common stock from time to time. The offering will be managed by Truist Securities, J.P. Morgan, BofA Securities, Texas Capital Securities, Alliance Global Partners, B. Riley, Canaccord Genuity, H.C. Wainwright, KeyBanc Capital Markets, and Roth Capital Partners. Shares fell -7.6% premarket to $17.25. More on Redwire Redwire: The Market Is Starting To Reprice This Space SPAC Into A Defense Infra Platform Redwire Corporation: First Quarter 2026 Hints At Potential Profitability Redwire Corporation 2026 Q1 - Results - Earnings Call Presentation Redwire wins Astrobiome Space contract for first commercial space greenhouse mission Space stocks tumble as investors take profits ahead of SpaceX IPO
Trulieve Cannabis ( TCNNF ) has authorized a share repurchase program pursuant to which the company may repurchase up to the lesser of $50M in aggregate value and 8.50M subordinate voting shares of the company over a 12-month period. The number of shares represents 5% of the company's issued and outstanding subordinate voting shares as of June 8, 2026. Source: Press Release More on Trulieve Cannab...
Trulieve Cannabis ( TCNNF ) has authorized a share repurchase program pursuant to which the company may repurchase up to the lesser of $50M in aggregate value and 8.50M subordinate voting shares of the company over a 12-month period. The number of shares represents 5% of the company's issued and outstanding subordinate voting shares as of June 8, 2026. Source: Press Release More on Trulieve Cannabis Trulieve Could Benefit From Uplisting To Major Index Trulieve Cannabis uplists shares to NYSE Biopharma, doctors sue Trump administration over marijuana rescheduling
imaginima/iStock via Getty Images Now, I view the current AI development as revolutionary. And I also view semiconductor companies as being at the forefront of this revolution. So, I have decided to initiate coverage on Astera Labs ( ALAB ). Why? In my opinion, it's the quiet AI infrastructure winner. And it also could be a significant beneficiary of the broader market growth trend. But not only t...
imaginima/iStock via Getty Images Now, I view the current AI development as revolutionary. And I also view semiconductor companies as being at the forefront of this revolution. So, I have decided to initiate coverage on Astera Labs ( ALAB ). Why? In my opinion, it's the quiet AI infrastructure winner. And it also could be a significant beneficiary of the broader market growth trend. But not only that. Now, the stock surged about 250% over the past year. And, sure enough, one could argue I am late to the party. However, I have a different view here. If anything, I still think the AI revolution remains in its first innings. And, as a result, Astera Labs also remains an early AI story. I give Astera Labs a Buy rating. Stellar Earnings Performance Raises Confidence in Management ALAB hasn't missed a single estimate since its IPO. And, quite frankly, this is something that raises significant confidence in management in my opinion. Now, what it also tells me is that Wall Street analysts are fairly accurate at predicting the company's performance. They also think that Astera Labs could deliver at least 20% top and bottom-line growth annually over the next 36 months. And that's, sure enough, reassuring numbers. Now, I am in the camp that ALAB can deliver these results if the bullish AI narrative develops further. ALAB: Earnings History (Seeking Alpha) While it's not the cheapest way to get AI exposure. I love that its bottom-line growth is accelerating compared versus Q1 2025. That's about an 85% increase in diluted EPS at $0.61 versus $0.33 in the same quarter last year. That's acceleration from 22% increase accounting for improvement from $0.27 in Q1 2024. And, quite frankly, nearly triple-digit percentage revenue growth at 93% isn't a walk in the park either, in my opinion. Now, why is that important? This suggests to me that there's a significant demand for ALAB's technology and offering. Now, roughly a month ago the company delivered its most recent earnings report. An...
As we ready up for a hot summer, many investors seem ready for the stock markets to really heat up. With Citigroup (NYSE:C) strategist Scott Chronert — a man who has a pretty solid track record — recently raising the bar on its S&P 500 price targets, now expecting the index to climb all the ... Investors Look Ready for a Summer Melt-Up as “AI Supercycle” Heats Up
As we ready up for a hot summer, many investors seem ready for the stock markets to really heat up. With Citigroup (NYSE:C) strategist Scott Chronert — a man who has a pretty solid track record — recently raising the bar on its S&P 500 price targets, now expecting the index to climb all the ... Investors Look Ready for a Summer Melt-Up as “AI Supercycle” Heats Up
What hasn’t really moved, however, is the longer end of the bond market, where yields remain elevated and forecasts for Federal Reserve rate hikes are getting increasingly aggressive following last week’s stronger-than-expected payroll data, and ahead of Wednesday’s May inflation readings. The higher yields, which have for the most part echoed market bets on a Fed rate hike before the end of the y...
What hasn’t really moved, however, is the longer end of the bond market, where yields remain elevated and forecasts for Federal Reserve rate hikes are getting increasingly aggressive following last week’s stronger-than-expected payroll data, and ahead of Wednesday’s May inflation readings. The higher yields, which have for the most part echoed market bets on a Fed rate hike before the end of the year, now priced at around 70% by the CME Group’s FedWatch, also seem to be resetting at levels that could make stock markets uncomfortable. Its closest comparison in the bond markets, the yield on 3-month Treasury bills, is holding at around 3.7%.
Nathalie Pellenkoft Shares of United Natural Foods ( UNFI ) are under heavy selling pressure into Tuesday’s open after the company realized softer sales and retail margin compression during its fiscal third quarter due to optimization efforts as part of the company’s “value creation strategy.” The company also saw its free cash flow cut in half to $54M as net cash provided by operating activities ...
Nathalie Pellenkoft Shares of United Natural Foods ( UNFI ) are under heavy selling pressure into Tuesday’s open after the company realized softer sales and retail margin compression during its fiscal third quarter due to optimization efforts as part of the company’s “value creation strategy.” The company also saw its free cash flow cut in half to $54M as net cash provided by operating activities dropped 43% amid higher working capital use that was only partially offset by increased profitability during the quarter. UNFI’s third quarter results included a 4.2% drop in sales while (adjusted) profitability improved 75% to $0.77 per share as unadjusted earnings swung to a profit from a loss in the same quarter last year. These results were in line to below expectations, respectively, also adding pressure to UNFI shares. The results led the company to narrow its guidance for the full year. UNFI now expects sales to be within a range of $31.1B to $31.3B, slightly less than $31.31B estimates. Adjusted EPS range was narrowed to $2.40 to $2.60 per share with a $2.50 midpoint that is also below estimates. The company maintained its free cash flow and capital expenditure forecasts at ~$330M and ~$250M, respectively. More on United Natural Foods United Natural Foods: The Danger Of Chasing A 'Shrink To Grow' Turnaround United Natural Foods: The Gains Should Continue, But Slow United Natural Foods, Inc. (UNFI) Presents at UBS Global Consumer and Retail Conference Transcript United Natural Foods Non-GAAP EPS of $0.77 in-line, revenue of $7.7B misses by $100M United Natural Foods Q3 2026 Earnings Preview
Allegiant Travel ( ALGT ) has begun a tender offer to buy back its outstanding $403M of senior secured notes due 2027 and is soliciting bondholder consent for amendments that would remove most restrictive covenants and modify certain default provisions. The tender offer and consent solicitation are subject to several conditions, including the successful completion of a planned debt financing, the ...
Allegiant Travel ( ALGT ) has begun a tender offer to buy back its outstanding $403M of senior secured notes due 2027 and is soliciting bondholder consent for amendments that would remove most restrictive covenants and modify certain default provisions. The tender offer and consent solicitation are subject to several conditions, including the successful completion of a planned debt financing, the company said. Allegiant Travel ( ALGT ) also reserves the right to extend, modify, or terminate either process at any time before the expiration deadline, subject to applicable law. More on Allegiant Travel Company Allegiant Travel Company 2026 Q1 - Results - Earnings Call Presentation Allegiant Travel Company (ALGT) Q1 2026 Earnings Call Transcript Allegiant: Airline Stocks Rise Amid US-Iran Conflict Optimism, But Challenges Remain (Rating Upgrade) These 10 mid-cap U.S. Industrial stocks trading at attractive valuations Spirit’s collapse sparks scramble for routes, slots, survival among budget airlines
Key PointsDespite saying companies are overspending on artificial intelligence (AI), Dalio has big investments in cloud providers Amazon, Alphabet, and Microsoft.
Key PointsDespite saying companies are overspending on artificial intelligence (AI), Dalio has big investments in cloud providers Amazon, Alphabet, and Microsoft.
Apple's Aura Is Starting To Crack Submitted by QTR's Fringe Finance Apple isn’t in trouble. The company still generates enormous amounts of cash, the iPhone remains one of the most successful consumer products ever created, and its business continues to grow. If you forced me to choose one ecosystem to live in for the next decade, I’d still probably choose Apple’s. But for the first time in a very...
Apple's Aura Is Starting To Crack Submitted by QTR's Fringe Finance Apple isn’t in trouble. The company still generates enormous amounts of cash, the iPhone remains one of the most successful consumer products ever created, and its business continues to grow. If you forced me to choose one ecosystem to live in for the next decade, I’d still probably choose Apple’s. But for the first time in a very long time, the company appears to be showing signs of something investors haven’t had to worry about for years: imperfection. And in a world where Apple is eventually dethroned as one of the best companies in human history, the fall from grace would start with the smallest of signs. The smallest aberrations. The smallest…imperfections. What made Apple special over the last two decades wasn’t necessarily its ability to invent products first. It was the company’s uncanny ability to enter markets late and still produce the best version of whatever it was building. The iPod wasn’t the first MP3 player, the iPhone wasn’t the first smartphone, and the Apple Watch wasn’t the first smartwatch. Apple repeatedly demonstrated that it could arrive after everyone else, simplify the experience, and ultimately dominate. That’s why the company’s recent stumbles are worth paying attention to. The first is artificial intelligence. In February of 2025, I wrote about a simple interaction I had with Siri while washing dishes . Curious about whether all the hype surrounding AI had finally filtered down into products I actually used, I asked my Apple HomePod a straightforward question: “How many days are in February?” Instead of answering, Siri informed me that it couldn’t help and offered to send web search results to my phone. So imagine my surprise when I asked Siri how many days were in the month of February, and she retorted: “I’m sorry, I can’t answer that right now. Here are some responses I found on the web. Would you like me to send them to your phone?” “Are you f**king kidding me?” I t...
tanyss/iStock via Getty Images I have been covering Astera Labs ( ALAB ) since September last year and started with a Sell call, then moved to a Hold as a lot of valuation excess had been removed. Both calls were based primarily on valuations and worked through a relatively cooler market from Q4 2025 till April 2026 happened. My Ratings on ALAB (Seeking Alpha) My last call not so long ago in March...
tanyss/iStock via Getty Images I have been covering Astera Labs ( ALAB ) since September last year and started with a Sell call, then moved to a Hold as a lot of valuation excess had been removed. Both calls were based primarily on valuations and worked through a relatively cooler market from Q4 2025 till April 2026 happened. My Ratings on ALAB (Seeking Alpha) My last call not so long ago in March was still a Hold , a stronger one, acknowledging the operational progress versus valuations, but wary of the stock pricing in 2027–28 growth too early. What has happened since is a stupendous ~180% rally, first due to beta in a market that rebounded sharply from the March lows. That in itself pushed the stock close to $200. And as the market strength held, Astera's own earnings showed a Q1 beat (with gross margin actually rising to ~76.4% despite the feared mix shift) and a strong Q2 guide (now showing 2026 as potentially de-risked with supply secured)—which catapulted the stock well above $300. My concerns on pricing in future growth too early still remain valid (and more valid now after the run-up), but relying on already stretched multiples as a gating variable was terribly wrong, with market conditions and Astera's progress both leading to an opportunity loss. Just recognizing Astera's improving fundamentals (below is a snippet from my March call ), but calling off a Buy on valuations proved wrong - Revenue visibility has also improved - one of the biggest positives in my view. Q4 highlighted more than 10 Scorpio X engagements, multiple hyperscaler design wins, and an AWS-linked multi-year warrant. This grounds forward revenue visibility from TAM narratives to real anchors. The 2026 revenue expectations also look reachable now. As it stands today, going by the framework of my March thesis. Astera should be a Sell. As I will show further in this analysis, the March thesis just got valuations wrong for a reason, and that burden has obviously gotten even larger. Even adju...