This article first appeared on GuruFocus. Micron Technology (NASDAQ:MU) said it plans to invest an additional $24 billion in Singapore over the next decade, deepening its manufacturing footprint as the memory industry navigates an AI-driven supply squeeze. The US chipmaker said the funding will support construction of a new NAND facility, a segment seeing rising demand as AI infrastructure increas...
This article first appeared on GuruFocus. Micron Technology (NASDAQ:MU) said it plans to invest an additional $24 billion in Singapore over the next decade, deepening its manufacturing footprint as the memory industry navigates an AI-driven supply squeeze. The US chipmaker said the funding will support construction of a new NAND facility, a segment seeing rising demand as AI infrastructure increasingly relies on faster storage solutions such as solid state drives. Micron's shares rose more than 4% in premarket trading on Tuesday, suggesting investors are focused on how incremental capacity could intersect with tight conditions in advanced memory. The expansion comes as Micron and its main rivals, SK Hynix (HXSCL) and Samsung Electronics (SSNLF), continue to tilt production toward higher-end memory chips used in AI systems, while scaling back exposure to more traditional consumer markets. Since last year, PC and smartphone makers have warned that memory shortages could hurt their businesses. Industry researchers have noted that NAND's role in AI workloads has been growing, with suppliers reducing client-focused SSDs and mobile flash storage while increasing the share of enterprise SSDs used in data center servers. Micron said the new Singapore project is expected to create around 1,600 jobs, with wafer output scheduled to begin in the second half of 2028. The investment builds on a $7 billion Singapore expansion announced in early 2025 and follows other recent moves, including breaking ground on a $100 billion facility in New York and agreeing to pay $1.8 billion for a site in Taiwan. The Singapore commitment also aligns with the government's push to expand advanced sectors from AI to chipmaking, backed by a pledge to invest more than S$1 billion to support domestic AI research.
Tesla’s (TSLA) upcoming fourth quarter earnings report, slated for release on Wednesday after the bell, comes at a time when investors are looking for non-auto business catalysts for the stock. For the quarter, Tesla is expected to report revenue of $25.11 billion (per Bloomberg estimates), a 2.4% drop from a year ago. Tesla is expected to post adjusted earnings per share (EPS) of $0.45, translati...
Tesla’s (TSLA) upcoming fourth quarter earnings report, slated for release on Wednesday after the bell, comes at a time when investors are looking for non-auto business catalysts for the stock. For the quarter, Tesla is expected to report revenue of $25.11 billion (per Bloomberg estimates), a 2.4% drop from a year ago. Tesla is expected to post adjusted earnings per share (EPS) of $0.45, translating to adjusted net income of $1.59 billion, down considerably from the $2.6 billion reported last year. Tesla’s drop in sales and profits comes as its bread-and-butter EV business sputters. Earlier this month, Tesla reported Q4 global vehicle deliveries of 418,227, a 15% drop from the 495,570 vehicles it delivered in the same period last year. For the full year, Tesla delivered 1.64 million vehicles, in line with expectations and an 8% drop compared to 2024. This marked the second straight year of annual sales declines for the EV maker. Cheaper vehicles like the standard versions of the Model Y and Model 3 couldn’t blunt several large headwinds. The loss of the federal EV tax credit at the end of Q3 in the US, new EV competition from legacy auto brands, and CEO Elon Musk’s polarizing politics all played heavily into Tesla’s sales slide. It is no wonder that investors are counting on initiatives like Tesla’s full self-driving software (FSD), robotaxi service, and Optimus robot as future catalysts for the stock. “The major focus on the conference call will be the Robotaxi rollout across the US including the removal of safety drivers across its fleet, and we believe the Street is at a crossroads with Tesla as the bulls and bears debate how quickly the Robotaxi era will take shape over the coming year,” Wedbush analyst Dan Ives wrote on Tuesday. Last week, Musk announced that Tesla removed the safety driver from its Austin, Texas, fleet for some vehicles, which Ives called an “important first step in its long-term vision for the Robotaxi.” A driverless Tesla robotaxi, a ride-bo...
Maizal Chaniago/iStock via Getty Images Introduction Cherry Hill Mortgage Investment Corporation ( CHMI ) is an mREIT, or a real estate investment trust that invests in mortgages. In addition to offering a high dividend yield on its common shares, the company also offers two preferred shares. The Series A preferred shares ( CHMI.PR.A ) are fixed and currently yielding over 9.5%. The Series B prefe...
Maizal Chaniago/iStock via Getty Images Introduction Cherry Hill Mortgage Investment Corporation ( CHMI ) is an mREIT, or a real estate investment trust that invests in mortgages. In addition to offering a high dividend yield on its common shares, the company also offers two preferred shares. The Series A preferred shares ( CHMI.PR.A ) are fixed and currently yielding over 9.5%. The Series B preferred shares ( CHMI.PR.B ) are floating and currently yielding 10.4%. I wrote about the Series B preferred shares back in March , with a bullish argument. Today, the company’s overall performance has me a bit more concerned; therefore, I am downgrading both preferred shares to a hold. Company Financials Cherry Hill Earnings Results Like many other mREITs, Cherry Hill got into trouble in 2023 after short-term interest rates rose sharply to battle inflation. The company was holding a lot of mortgages underwritten during the pandemic era with low, fixed interest rates against borrowed funds with short-term interest rates. The result in 2023 turned into a borrowing rate that exceeded the company’s average asset yield. On an interest income and expense basis, the same trend held true. Interest incomes grew, but interest expenses surged. Ultimately, net interest income went negative for five consecutive quarters. Fortunately for Cherry Hill, the Federal Reserve has recently lowered interest rates and allowed for interest spreads and net interest income to improve. Net interest income in the third quarter rose to $3.3 million, the highest level in three years. Company Financials Company Financials Company Financials One advantage that helped Cherry Hill carry itself through interest rate volatility was mortgage servicing. Mortgage servicing involves taking on the responsibility of ensuring mortgages are paid in a timely fashion in exchange for a small fee. For Cherry Hill, the income generated from that activity, known as net servicing revenue, helped keep the company profitable du...
Elevated inflation is sending consumers across the income spectrum to discount stores. What's one of the biggest trends in retail right now? Discounters. If you look at the year-to-date performance for the S&P 500 group labeled "Consumer Defensive -- Discount Stores," you'll see that each of the five stocks in the group is significantly outperforming the S&P 500 index this year. The S&P 500 is up ...
Elevated inflation is sending consumers across the income spectrum to discount stores. What's one of the biggest trends in retail right now? Discounters. If you look at the year-to-date performance for the S&P 500 group labeled "Consumer Defensive -- Discount Stores," you'll see that each of the five stocks in the group is significantly outperforming the S&P 500 index this year. The S&P 500 is up about 1% since the beginning of 2026 and 14% over the past 52 weeks. Here are the five discount retail stocks in the S&P 500 and their performance year to date and over the past 52 weeks. Walmart WMT 0.72% ) Costco Wholesale COST 0.93% ) Target TGT +0.27% ) Dollar General DG 1.77% ) Dollar Tree DLTR 2.98% ) So it's clear that these stocks are all having a great 2026 and, with the exception of Target and Costco, are all outperforming the S&P 500 over the past year, too. Elevated prices are sending consumers to discount stores What's driving these retailers' stocks higher? Inflation is the primary reason. And, perhaps surprisingly, both low-income and higher-income consumers are flocking to discount stores to combat it. As of September 2025, some 28% of high-income Americans (defined as households earning about $170,000 year or more) shopped at a discount chain, up from about 20% four years earlier, according to GlobalData Retail. For low-income consumers (with household income below $56,500), that percentage rose from less than 84% in 2021 to over 88% in 2025. And among middle-income households (with income between $56,500 and $170,000), the number jumped from 47.5% to more than 59%. As a result, in the fourth quarter of 2025 same-store sales were 5.7% above the previous year's level at Costco, 4.2% higher at Walmart, and 4.2% at Dollar Tree. Expand NASDAQ : WMT Walmart Today's Change ( -0.72 %) $ -0.84 Current Price $ 116.80 Key Data Points Market Cap $938B Day's Range $ 115.48 - $ 117.63 52wk Range $ 79.81 - $ 121.62 Volume 703K Avg Vol 28M Gross Margin 23.90 % Dividend Yi...
免費電視台續牌｜議員倡鬆綁植入式廣告、英文台時數限制 通訊局：大方向傾向放寬 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】本港三間免費電視台牌照有效期明年及後年屆滿，當局正處理續牌申請，有立法會議員關注牌照要求...
免費電視台續牌｜議員倡鬆綁植入式廣告、英文台時數限制 通訊局：大方向傾向放寬 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】本港三間免費電視台牌照有效期明年及後年屆滿，當局正處理續牌申請，有立法會議員關注牌照要求是否可以再放寬。 體育、演藝、文化及出版界霍啟剛：「植入式廣告知道已經放寬，但是否足夠？其實現在電視台十分辛苦，是否可以這方面做得更多。另外英文台大家都知道在監管條例有時數下限，實際是否這麼多人看英文台？就是很多電視蝕錢在英文台，隨便買一些便宜英文節目播出，為了通過監管而做，對發展是否有好處？」 通訊事務管理局辦公室通訊事務總監梁仲賢：「基本上我們大方向都是希望有很多放寬，令到他們更加可以發展，包括廣告方面、植入式廣告方面，或者是指定語言到底是否可以在一些電視台，例如在英文台是可以放寬給其他語言？兒童節目的時數，我們都傾向放寬的方向。」
旅日大熊貓回國接受隔離檢疫 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】旅日大熊貓「曉曉」和「蕾蕾」平安回到中國，隨即入住中國大熊貓保護研究中心雅安基地接受隔離檢疫。 「曉曉」和「蕾蕾」搭乘專機，今天凌晨飛抵四...
旅日大熊貓回國接受隔離檢疫 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】旅日大熊貓「曉曉」和「蕾蕾」平安回到中國，隨即入住中國大熊貓保護研究中心雅安基地接受隔離檢疫。 「曉曉」和「蕾蕾」搭乘專機，今天凌晨飛抵四川成都，為了兩隻大熊貓今次回國，熊貓中心早前派出專家提前赴日準備，全程護送。「曉曉」和「蕾蕾」入住熊貓中心雅安基地後會進行隔離檢疫，基地已為牠們做好圈舍消毒、食物供給、飼養管理、健康保障等各項準備工作，確保兩隻大熊貓平穩度過隔離檢疫期，盡快適應家鄉環境。
JHVEPhoto UnitedHealth Group is the company best positioned to navigate the challenging Medicare Advantage rate environment, according to Piper Sandler Senior Research Analyst Jessica Tassan. Her assessment comes after the Centers for Medicare and Medicaid Services published its 2027 advance rate notice , revealing a near-flat 0.09% expected average change in revenue—a dramatic decline from approx...
JHVEPhoto UnitedHealth Group is the company best positioned to navigate the challenging Medicare Advantage rate environment, according to Piper Sandler Senior Research Analyst Jessica Tassan. Her assessment comes after the Centers for Medicare and Medicaid Services published its 2027 advance rate notice , revealing a near-flat 0.09% expected average change in revenue—a dramatic decline from approximately 5% in 2026. “These rates are nowhere near sufficient to cover what are rising cost trends,” she said during an interview with CNBC, noting that utilization and unit costs are growing at high single-digit to potentially double-digit rates year over year. This creates what Tassan describes as “a widening spread between what you’re paid and what ultimately you have to reimburse as a payer.” Despite these headwinds, Tassan emphasized that UnitedHealth ( UNH ) is not exiting the Medicare business, which represents approximately two-thirds of the company’s premium revenue across Medicare Advantage, DSNP, standalone Part D, and MedSup products. “If anything, given their scale, infrastructure, and resources, they’re kind of best equipped to weather the challenging rate environment,” she said. The analyst specifically highlighted UnitedHealth’s ( UNH ) infrastructure advantages, particularly its significant value-based care business. “United’s scale infrastructure, infrastructure meaning their significant value-based care business, put them in a better position to endure a challenging rate environment than most other MAOs (Medical Advantage organizations).” While Tassan described Medicare Advantage as “a very noble business” chosen by 34 million seniors in 2025, she acknowledged the broader risks. The challenging rates represent “a risk to the entire industry and ultimately for beneficiaries,” rather than specifically to UnitedHealth ( UNH ), given the program’s track record of improving outcomes and democratizing access to care. Looking ahead, Tassan identified a potential ...
Cardiff Bay’s Labour administration has managed to pass the Welsh budget after striking a deal with Plaid Cymru, releasing a real-terms funding increase for all government departments and local authorities before May’s Senedd elections. With 100 days to go before the contest, in which polls suggest the pro-independence Plaid Cymru will end more than 100 years of Labour hegemony in Wales, the gover...
Cardiff Bay’s Labour administration has managed to pass the Welsh budget after striking a deal with Plaid Cymru, releasing a real-terms funding increase for all government departments and local authorities before May’s Senedd elections. With 100 days to go before the contest, in which polls suggest the pro-independence Plaid Cymru will end more than 100 years of Labour hegemony in Wales, the government has allocated £27.5bn in spending for 2026-2027, up £1.2bn on the previous fiscal year. As a result of the deal, which the Senedd passed on Tuesday evening after Plaid Cymru agreed to abstain, the health and social care budget has risen by £180m, or 3.6%. Another £113m for local government means that all councils will receive a minimum 4% cash increase, and other additional spending includes bus services, apprenticeships, further education and flood prevention. In a statement after the vote passed, the first minister, Eluned Morgan, said the budget was “based on Labour values – fairness, stability, delivery”. “We said we would put more money into public services and that’s what we’ve done,” she said. “We’re putting more money into our NHS as we know that’s what matters to people.” Observers described the budget as “politically neutral”, with £120m in capital set aside for the new government installed in May to spend on large infrastructure projects. Labour was left unable to pass the budget on its own after October’s Caerphilly byelection, a Plaid Cymru gain in a Labour stronghold. A deal between the parties – one of many over the years – avoided an impasse that would have led to swingeing cuts. Both parties hope to win voters’ support for their role in getting the budget passed. “Plaid will tell you they’re the ones who made this happen,” Morgan said. “But Plaid didn’t even back it, they abstained. Only Welsh Labour can take responsibility for the delivering this budget and for delivering for Wales.” The overall package was roundly criticised by opposition parties. T...
No chance for AMD: Intel Panther Lake Core Ultra X9 388H trounces AMD Strix Halo at low power signaling handheld gaming domination in 2026 Notebookcheck
No chance for AMD: Intel Panther Lake Core Ultra X9 388H trounces AMD Strix Halo at low power signaling handheld gaming domination in 2026 Notebookcheck
In Brief TikTok settled a high-profile lawsuit on Monday evening, which alleges that social media companies intentionally make their products addictive, causing harm to users. Snap settled the case last week, but Meta and YouTube — the other defendants — are now heading to trial, where jury selection begins on Tuesday. Centering around a 19-year-old plaintiff known by the initials K.G.M., this cas...
In Brief TikTok settled a high-profile lawsuit on Monday evening, which alleges that social media companies intentionally make their products addictive, causing harm to users. Snap settled the case last week, but Meta and YouTube — the other defendants — are now heading to trial, where jury selection begins on Tuesday. Centering around a 19-year-old plaintiff known by the initials K.G.M., this case is the first of many similar legal challenges against social platforms. Meta CEO Mark Zuckerberg and YouTube head Neal Mohan are expected to testify, which could set a precedent for how dozens of other lawsuits could play out. By settling the case, TikTok and Snap are not necessarily admitting to the allegations. Rather, they came to an agreement with the plaintiff outside of court, though the terms of these settlements are not known.
TikTok settled a high-profile lawsuit on Monday evening, which alleges that social media companies intentionally make their products addictive, causing harm to users. Snap settled the case last week, but Meta and YouTube — the other defendants — are now heading to trial, where jury selection begins on Tuesday. Centering around a 19-year-old plaintiff known by the initials K.G.M., this case is the ...
TikTok settled a high-profile lawsuit on Monday evening, which alleges that social media companies intentionally make their products addictive, causing harm to users. Snap settled the case last week, but Meta and YouTube — the other defendants — are now heading to trial, where jury selection begins on Tuesday. Centering around a 19-year-old plaintiff known by the initials K.G.M., this case is the first of many similar legal challenges against social platforms. Meta CEO Mark Zuckerberg and YouTube head Neal Mohan are expected to testify, which could set a precedent for how dozens of other lawsuits could play out. By settling the case, TikTok and Snap are not necessarily admitting to the allegations. Rather, they came to an agreement with the plaintiff outside of court, though the terms of these settlements are not known.
Kevin Dietsch/Getty Images News Arguably, the narrative embedded in sell-side previews about Palantir's ( PLTR ) earnings tends to be around Q4 revenue beats, AIP customer adds, or about how robust margins came in. In my previous coverage (November last year), however, I argued that for investors already sitting on meaningful gains, the real risk was neither holding nor trimming PLTR per se—but ac...
Kevin Dietsch/Getty Images News Arguably, the narrative embedded in sell-side previews about Palantir's ( PLTR ) earnings tends to be around Q4 revenue beats, AIP customer adds, or about how robust margins came in. In my previous coverage (November last year), however, I argued that for investors already sitting on meaningful gains, the real risk was neither holding nor trimming PLTR per se—but acting emotionally or failing to recognize a potential regime change. Data by YCharts However, it is not necessarily explicit in this model that PLTR is no longer pricing in quarterly execution in isolation, but rather whether the market believes that PLTR has indeed crossed an institutional adoption threshold that permanently changes its volatility, shareholder base, and multiples regime. Anticipating that Q4 will be much less about numbers and more about validation and confirmation of a structural transition, I present a cautiously bullish update on Palantir stock. The Rarely Covered Angle: Palantir as a Volatility Compression Story Under the current context of Palantir's thesis, the question around its 4Q25 earnings results tends not to be necessarily around how the company can still grow, but rather how much Palantir can no longer fall. Trading at an eye-watering 234x forward earnings, and 91x forward revenue multiples, when the market looks at PLTR, it has historically noted: (1) revenue still accelerating—63% YoY in 3Q25, mid-point of guidance for 4Q25 pointing to +61% YoY; (2) strong technology narrative; (3) difficult peer comparison; (4) unstable multiples; and (5) overreaction to any marginal data-moves post-earnings—average ~16.4% (8 quarters). TipRanks This in itself defines a high-volatility asset (considering implied volatility around ~58-59%), not just in price but in perception. And volatility here is defined by structural uncertainty about the (1) predictability of revenues-in this case, with timing of RPO recognition at ~48% in the next 12 months, ~40% in 13...