Defence Secretary Pete Hegseth has asked the US Army’s top uniformed officer, General Randy George, to step down, the Pentagon said Thursday, as the United States wages a war against Iran. A Pentagon official, who spoke on condition of anonymity to discuss the sensitive matter, confirmed that George has been asked to take early retirement from the post of Army chief of staff, which he has held sin...
Defence Secretary Pete Hegseth has asked the US Army’s top uniformed officer, General Randy George, to step down, the Pentagon said Thursday, as the United States wages a war against Iran. A Pentagon official, who spoke on condition of anonymity to discuss the sensitive matter, confirmed that George has been asked to take early retirement from the post of Army chief of staff, which he has held since August 2023. The ousting of George is just the latest of more than a dozen firings of top...
Kosamtu/iStock via Getty Images In 2026, the market quickly shed last year’s bullish optimism and veered sharply into “risk off” mode. Investors are watching escalating tensions in Iran, rising oil prices, and a weakened consumer economy. Bob’s Discount Furniture ( BOBS ), which braved market turbulence to go public this year at $17 per share, falls into two unfortunate categories: recent IPOs and...
Kosamtu/iStock via Getty Images In 2026, the market quickly shed last year’s bullish optimism and veered sharply into “risk off” mode. Investors are watching escalating tensions in Iran, rising oil prices, and a weakened consumer economy. Bob’s Discount Furniture ( BOBS ), which braved market turbulence to go public this year at $17 per share, falls into two unfortunate categories: recent IPOs and retail stocks, both of which have sold off meaningfully since the start of the year. But with Bob’s now down by more than 30% since the IPO price, we have to ask: I s now finally the right time to dive in? Data by YCharts I believe that investors have pushed many retail names down to unfairly low valuation multiples. Though certainly no growth star, Bob’s is a company with significant room for expansion and executes well in a tough climate. With valuation multiples now pushing down to very reasonable levels, I’m initiating the stock at a "Buy" rating. Everyday low-value furniture store, targeting national expansion Before we slice into Bob’s latest financials and how the stock’s valuation stacks up against the latest expectations, let’s get a lay of the land on the company’s footprint. Bob’s began with a single location in Connecticut 35 years ago, in 1991. Since then, the company has grown to a whopping 209 stores as of the end of FY25. The snapshot below showcases the company’s store footprint, dated as of the company’s finalized IPO prospectus, which showed the company’s footprint at the end of Q3 (the company only opened 3 net new stores in Q4). Bob's store footprint (Bob's finalized IPO prospectus) Bob’s footprint spans 26 states. Its densest market is on the East Coast, where the company was founded. The regions of New England, New York, and the mid-Atlantic together drive 61% of company revenue. The company has more recently begun to expand to the west coast, with 29 stores in California (overall revenue in the west region is still under a fifth of sales). The compa...
Oil and geopolitics remained firmly in focus before markets closed for Good Friday. The S&P 500 (SNPINDEX:^GSPC) rose 0.11% to 6,582.69, finishing the week up 1.63%. The Nasdaq Composite (NASDAQINDEX:^IXIC) gained 0.18% to 21,879.18, while the Dow Jones Industrial Average (DJINDICES:^DJI) slipped 0.13% to 46,504.67. Higher oil prices pressured airline and travel stocks today, while tech performanc...
Oil and geopolitics remained firmly in focus before markets closed for Good Friday. The S&P 500 (SNPINDEX:^GSPC) rose 0.11% to 6,582.69, finishing the week up 1.63%. The Nasdaq Composite (NASDAQINDEX:^IXIC) gained 0.18% to 21,879.18, while the Dow Jones Industrial Average (DJINDICES:^DJI) slipped 0.13% to 46,504.67. Higher oil prices pressured airline and travel stocks today, while tech performance was mixed. Tesla (NASDAQ:TSLA) dropped by over 5% after its Q1 sales missed estimates. Competitor, Rivian Automotive (NASDAQ:RIVN) gained over 3%. Cautious optimism buoyed tech leaders such as Microsoft (NASDAQ:MSFT) and Advanced Micro Devices (NASDAQ:AMD) . News of artificial intelligence (AI) security incidents had little impact on the sector, at least for now. Continue reading
Tesla (NASDAQ:TSLA), a leading maker of electric vehicles and energy storage solutions, closed Thursday at $360.56, down 5.43%, after investors reacted to weaker-than-expected first-quarter delivery figures. The stock moved lower after Q1 2026 deliveries of 358,023 vehicles misse
Tesla (NASDAQ:TSLA), a leading maker of electric vehicles and energy storage solutions, closed Thursday at $360.56, down 5.43%, after investors reacted to weaker-than-expected first-quarter delivery figures. The stock moved lower after Q1 2026 deliveries of 358,023 vehicles misse
Nvidia (NVDA) is investing $2 billion in Marvell Technology (MRVL) to boost its AI ecosystem through NVLink Fusion technology. This partnership links Marvell to Nvidia’s AI factories and AI-RAN networks for custom AI infrastructure. Marvell provides custom XPUs and compatible networking, while Nvidia supplies Vera CPUs, ConnectX NICs, BlueField DPUs, NVLink interconnects, and Spectrum-X switches. ...
Nvidia (NVDA) is investing $2 billion in Marvell Technology (MRVL) to boost its AI ecosystem through NVLink Fusion technology. This partnership links Marvell to Nvidia’s AI factories and AI-RAN networks for custom AI infrastructure. Marvell provides custom XPUs and compatible networking, while Nvidia supplies Vera CPUs, ConnectX NICs, BlueField DPUs, NVLink interconnects, and Spectrum-X switches. The companies will collaborate on silicon photonics and transform telecom networks into AI systems f
Expedia currently trades at $228.13 per share and has shown little upside over the past six months, posting a middling return of 4.8%. However, the stock is beating the S&P 500’s 2.8% decline during that period.
Expedia currently trades at $228.13 per share and has shown little upside over the past six months, posting a middling return of 4.8%. However, the stock is beating the S&P 500’s 2.8% decline during that period.
Inanity Of Identity Politics Exposed At Canadian NDP Convention Authored by Jonathan Turley, The recent convention of the Canadian New Democratic Party (NDP) became a microcosm of the inanity of identity politics found in forums ranging from politics to higher education. Participants were given familiar “equity cards” as literal card-carrying members of groups demanding preferred treatment. The pr...
Inanity Of Identity Politics Exposed At Canadian NDP Convention Authored by Jonathan Turley, The recent convention of the Canadian New Democratic Party (NDP) became a microcosm of the inanity of identity politics found in forums ranging from politics to higher education. Participants were given familiar “equity cards” as literal card-carrying members of groups demanding preferred treatment. The problem is when one identity group demands preference over another. The result, as seen in Winnipeg, was calamity and quickly became comedy. Many in education have long pushed equity cards and “identity markers” to get students to define themselves by their race, disability, gender, or other criteria. Even computer science teachers are told to tailor their lessons to identity markers. Such markers are treated as essential to creating “Identity safe classrooms.” There are even DEI games where children are encouraged to “match” their identity groups. At the NDP convention, people were given equity cards to give preference to certain identities over groups such as males or whites. The problem is that the cards create an entitlement that can clash with others’ claims to speak first. The cards were based on identity categories, including gender, race and ethnicity, LGBTQ+ status, and Indigenous status. You were supposed to be able to jump ahead of others because of your priority identity. One video shows a person holding up their green gender equity card to claim the right to speak first as another woman waves her pink race equity card to speak. What followed were objections to people not yielding to those with greater priority or right to speak with one noting that cards for people who identify as Black women “ have no value outside of this space .” Then there was the speaker who called out another delegate for the sin of misgendering the speaking who identified as “non-binary.” The collapse of the equity house of cards is due to the inherent myth that identity politics produces ...
The dollar index (DXY00 ) on Thursday rose by +0.36%. Thursday's decline in equity markets boosted liquidity demand for the dollar. Also, Wednesday night's comments from President Trump that the Iran war could escalate have boosted demand for the dollar as a safe-haven. The dollar added to its gains on...
The dollar index (DXY00 ) on Thursday rose by +0.36%. Thursday's decline in equity markets boosted liquidity demand for the dollar. Also, Wednesday night's comments from President Trump that the Iran war could escalate have boosted demand for the dollar as a safe-haven. The dollar added to its gains on...
JHVEPhoto/iStock Editorial via Getty Images If I had to pick one stock that I have failed to crack, my first pick would be Lumen Technologies, Inc. ( LUMN ). Almost 7 years ago, I made a small profit with LUMN, but since then, the going has been difficult. I was bearish on Lumen when I should have been bullish and vice versa. Last October, after a couple of years sitting on the sidelines, I turned...
JHVEPhoto/iStock Editorial via Getty Images If I had to pick one stock that I have failed to crack, my first pick would be Lumen Technologies, Inc. ( LUMN ). Almost 7 years ago, I made a small profit with LUMN, but since then, the going has been difficult. I was bearish on Lumen when I should have been bullish and vice versa. Last October, after a couple of years sitting on the sidelines, I turned bullish on the prospects for Lumen as I thought the company was on the right track to grow adjusted EBITDA in 2026. Since then, the stock has lost just over 1% of its value. Last January, I made a case for why Lumen deserves to trade at premium valuation multiples compared to legacy telcos. My argument was that Lumen was no longer a legacy telco business but a tech business. LUMN has lost ~15% since then. Now that Lumen has reported Q4 2025 earnings and set a baseline for 2026 expectations, I wanted to revisit my thesis. Rather than looking at all aspects of my thesis, I thought it best to look at the timeline for PCF contract revenue conversion cycles to get a better understanding of when Lumen will finally get a revenue boost from the secured PCF contracts. Understanding When PCF Contracts Hit Revenue Lumen is solving real-world connectivity problems for hyperscalers who are aggressively investing billions of dollars in AI infrastructure. This is where PCF contracts are used. Internet bandwidth through traditional networks has been proven insufficient to handle the data loads required to train LLM models. A PCF contract allows a customer to get access to a private, custom fiber network with a very high capacity and low latency. Some of Lumen's major PCF customers include tech giants such as Microsoft Corporation ( MSFT ), Meta Platforms, Inc. ( META ), Amazon.com, Inc. ( AMZN ), Alphabet Inc. ( GOOG ), and Anthropic (the company behind the widely popular Claude LLM). As highlighted by the management in the Q4 earnings release , Lumen has so far signed PCF contracts worth...
Pete & Gerry's CEO Tom Flocco discusses how overpopulation is reducing the price of eggs for consumers, egg industry challenges, and the rise of protein. He talks with Katie Greifeld on "The Close." (Source: Bloomberg)
Pete & Gerry's CEO Tom Flocco discusses how overpopulation is reducing the price of eggs for consumers, egg industry challenges, and the rise of protein. He talks with Katie Greifeld on "The Close." (Source: Bloomberg)
Energy earnings expectations have risen sharply over recent weeks, with the current +7.6% earnings growth rate expected in 2026 Q1 up from +0.9% a week back and the -1.9% decline expected at the start of January.
Energy earnings expectations have risen sharply over recent weeks, with the current +7.6% earnings growth rate expected in 2026 Q1 up from +0.9% a week back and the -1.9% decline expected at the start of January.
Energy earnings expectations have risen sharply over recent weeks, with the current +7.6% earnings growth rate expected in 2026 Q1 up from +0.9% a week back and the -1.9% decline expected at the start of January.
Energy earnings expectations have risen sharply over recent weeks, with the current +7.6% earnings growth rate expected in 2026 Q1 up from +0.9% a week back and the -1.9% decline expected at the start of January.