Advertisement Why Innodata’s latest Palantir win matters for investors Innodata (INOD) recently announced a new engagement with Palantir Technologies, supplying training data and data engineering services for AI driven rodeo event analysis that relies on large volumes of complex video content. The Palantir announcement comes shortly after Innodata was named to the Missile Defense Agency’s SHIELD p...
Advertisement Why Innodata’s latest Palantir win matters for investors Innodata (INOD) recently announced a new engagement with Palantir Technologies, supplying training data and data engineering services for AI driven rodeo event analysis that relies on large volumes of complex video content. The Palantir announcement comes shortly after Innodata was named to the Missile Defense Agency’s SHIELD program. Yet the stock has seen a 13.19% one day share price decline and a 25.69% 90 day share price return drop, even as its one year total shareholder return sits at 49.51% and the five year total shareholder return is more than 7x. This suggests that long term momentum has been strong while shorter term sentiment has cooled. If this kind of AI focused contract wins has your attention, it could be a good moment to scan other opportunities across and see what else fits your watchlist. With shares down over the past day and quarter but still showing strong multi year total returns, and trading below the current analyst target, the key question now is whether Innodata is mispriced or if the market is already factoring in future growth. Most Popular Narrative: 40.9% Undervalued At a last close of $55.44 against a most followed fair value of $93.75, the current price sits well below what this narrative suggests. Increasing adoption of AI across industries requires curated and high quality datasets, and Innodata's evolving role from simple data provider to strategic partner (sitting "at the table" with clients' data scientists) is likely to support premium pricing, recurring contracts, and market share gains, with positive impact on both revenue stability and net margins. Curious what kind of growth profile and profitability this story is built on, and how rich a future earnings multiple it assumes, compared with today’s market pricing. Result: Fair Value of $93.75 (UNDERVALUED) However, this story can break if a few big tech customers pull back or if rising spend on talent and ...
Hong Kong police have arrested six suspects linked to a 58 million yen (US$376,600) robbery outside a currency exchange shop, including one victim who allegedly served as a mole in the plot. Commissioner of Police Joe Chow Yat-ming said on Saturday that the six people – five men and a woman – arrested were three Japanese men, two mainlanders and a local resident. “Two Japanese men reported to poli...
Hong Kong police have arrested six suspects linked to a 58 million yen (US$376,600) robbery outside a currency exchange shop, including one victim who allegedly served as a mole in the plot. Commissioner of Police Joe Chow Yat-ming said on Saturday that the six people – five men and a woman – arrested were three Japanese men, two mainlanders and a local resident. “Two Japanese men reported to police that they were robbed [on Friday]. Upon investigation, we found that one of them was a mole, who offered information to another two Japanese men,” he said after inspecting a passing-out parade at the Police College in Wong Chuk Hang. Advertisement On Friday morning, two men were suspected of having robbed 58 million yen, equivalent to HK$2.94 million, outside a currency exchange shop in Sheung Wan. A source earlier said that two employees of a Japanese money exchange company flew to Hong Kong at around 7.30am on Friday and made an appointment to exchange about 190 million yen at the shop. Commissioner of Police Joe Chow says one suspect is a mole who acted as a victim. Photo: Jelly Tse The pair, aged 27 and 51, had two backpacks and a suitcase. When they arrived at the money exchange shop in a taxi, one of their backpacks containing 58 million yen was snatched.
AndreyPopov As the first month of 2026 comes to an end and earnings season accelerates, below is a list of the worst performing 10 consumer discretionary stocks with market capitalizations of $10B or more in the past one month. The list is topped by Rivian Automotive ( RIVN ), with a one month performance of -26.61%. Las Vegas Sands ( LVS ) and Coupang ( CPNG ) are next, with DraftKings ( DKNG ) a...
AndreyPopov As the first month of 2026 comes to an end and earnings season accelerates, below is a list of the worst performing 10 consumer discretionary stocks with market capitalizations of $10B or more in the past one month. The list is topped by Rivian Automotive ( RIVN ), with a one month performance of -26.61%. Las Vegas Sands ( LVS ) and Coupang ( CPNG ) are next, with DraftKings ( DKNG ) and Wynn Resorts ( WYNN ) rounding out the rest of the top five. The stocks on this list carry a variety of Quant Ratings. DraftKings ( DKNG ) holds a Sell rating with a score of 2.00, while Las Vegas Sands ( LVS ) carries a Buy rating at 3.50. Many stocks on the list, including Wynn Resorts ( WYNN ), Dutch Bros ( BROS ), DoorDash ( DASH ), and Chewy ( CHWY ), currently hold Hold ratings. Here is the list: Rivian Automotive ( RIVN ), 1 month performance percentage: -26.61% Las Vegas Sands ( LVS ), 1 month performance percentage: -19.70% Coupang ( CPNG ), 1 month performance percentage: -18.27% DraftKings ( DKNG ), 1 month performance percentage: -13.32% Wynn Resorts ( WYNN ), 1 month performance percentage: -10.93% Dutch Bros ( BROS ), 1 month performance percentage: -10.87% DoorDash ( DASH ), 1 month performance percentage: -10.10% Chewy ( CHWY ), 1 month performance percentage: -9.38% Tesla ( TSLA ), 1 month performance percentage: -9.37% Booking Holdings ( BKNG ), 1 month performance percentage: -6.03% Consumer Discretionary ETFs: ( XLY ), ( VCR ), ( FXD ), ( FDIS ), ( RSPD ), and ( RXI ) More on consumer discretionary stocks Rivian: I Covered My Short Position Following 27% Drop In One Month (Rating Upgrade) Rivian: The Clock Starts Now Rivian's Bullish Future Arrives With R2 Dip-buying emerges in TMT even as institutions remain cautious Top performing consumer discretionary stocks in the past month
Elon Musk just reframed Tesla Inc (NASDAQ:TSLA) as a potential income stream. On Tesla's fourth-quarter earnings call, the billionaire outlined a future in which owners can add their vehicles to Tesla's autonomous robotaxi fleet. Basically, you can turn idle cars into revenue-generating AI assets. "I think it will provide an opportunity for a lot of customers to earn more by lending their car to t...
Elon Musk just reframed Tesla Inc (NASDAQ:TSLA) as a potential income stream. On Tesla's fourth-quarter earnings call, the billionaire outlined a future in which owners can add their vehicles to Tesla's autonomous robotaxi fleet. Basically, you can turn idle cars into revenue-generating AI assets. "I think it will provide an opportunity for a lot of customers to earn more by lending their car to the fleet than their lease cost to Tesla," Musk said. "You basically get paid to own a Tesla." Don't Miss: Missed Nvidia and Tesla? RAD Intel Could Be the Next AI Powerhouse — Just $0.85 a Share If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Tesla's Robotaxi Marketplace Vision Musk described an opt-in system in which owners can add or remove their cars from Tesla's autonomous network, similar to how hosts list properties on Airbnb. With millions of AI-enabled vehicles already on the road, Musk argued the revenue opportunity is underappreciated. "We've got millions of cars with AI4 that can do this," he said. In Musk's vision, privately owned Teslas become a distributed mobility network—without Tesla owning the entire fleet. Autonomy As A Financial Product The pitch reframes Tesla vehicles from depreciating consumer products into yield-generating AI infrastructure. If autonomy scales, owners could offset—or potentially exceed—the cost of ownership by participating in the fleet. See Also: Blue-chip art has historically outpaced the S&P 500 since 1995, and fractional investing is now opening this institutional asset class to everyday investors. Musk said Tesla expects to operate autonomously in dozens of major cities by year-end, pending regulatory approval, with broader expansion dependent on local and federal rules. Tesla’s China-based rival, WeRide Inc. (NASDAQ:WRD), has already announced more than 1,000 Robotaxis globally. It also has partnerships with Uber Technologies Inc. (NYSE:UBER) and Dubai's Ro...
The Vanguard Information Technology ETF is missing some key long-term pieces. One of Vanguard's most popular exchange-traded funds (ETFs) over the past decade has been the Vanguard Information Technology ETF (VGT 1.69%). As the tech sector's leaders have soared to dominate the list of the world's most valuable companies, the ETF has consistently outperformed the market. In the past decade, it's up...
The Vanguard Information Technology ETF is missing some key long-term pieces. One of Vanguard's most popular exchange-traded funds (ETFs) over the past decade has been the Vanguard Information Technology ETF (VGT 1.69%). As the tech sector's leaders have soared to dominate the list of the world's most valuable companies, the ETF has consistently outperformed the market. In the past decade, it's up by close to 670% compared to the S&P 500's 270% gain. Much of the Vanguard Information Technology ETF's growth in the past few years can be attributed to the artificial intelligence (AI) boom. Despite this, it might not be a good choice now if you're looking for a fund with wide exposure to AI stocks. There are key missing pieces The Vanguard Information Technology ETF tracks the MSCI US IMI Information Technology 25/50 index, and holds stakes in companies in an array of tech industries ranging from semiconductors to application software to hardware. However, though it currently has positions in 320 companies, nearly 59% of its value comes from the top 10. Company Percentage of the ETF Nvidia 17.47% Apple 14.90% Microsoft 12.19% Broadcom 4.48% Palantir (Class A) 1.95% Advanced Micro Devices 1.70% Oracle 1.60% Micron Technology 1.60% Cisco Systems 1.52% IBM 1.38% Two things stand out when looking at this list. The first is how concentrated the ETF is in Nvidia, Apple, and Microsoft -- nearly 45% of its assets are allocated to those stocks. The second is the companies that are not on the list -- nor even on its complete list of holdings. That latter point is the main reason why the Vanguard Information Technology ETF might not be a good choice for someone wanting to invest in AI stocks. Yes, its portfolio includes some key companies in the AI ecosystem, but it's also missing important players like Alphabet (GOOG 0.04%)(GOOGL 0.05%), Amazon (AMZN 1.02%), and Meta Platforms (META 2.95%). The reason comes down to sector classifications. The ETF and the index it is based upon on...
SaaS stocks have plunged on AI fears. We're a month into the new year, and major indexes on the stock market have been mostly steady so far. However, not every corner of the market has been quiet. One of the biggest stories of 2026 is the sudden implosion of software stocks. The sector that was famously "eating the world," according to venture capitalist Marc Andreessen, now appears to be turning ...
SaaS stocks have plunged on AI fears. We're a month into the new year, and major indexes on the stock market have been mostly steady so far. However, not every corner of the market has been quiet. One of the biggest stories of 2026 is the sudden implosion of software stocks. The sector that was famously "eating the world," according to venture capitalist Marc Andreessen, now appears to be turning to cannibalism. Marquee names in the sector like Microsoft (MSFT 0.83%), Palantir (PLTR 3.47%), and ServiceNow (NOW +0.24%) have all plunged, and the iShares Expanded Tech-Software Sector ETF (IGV 2.12%), which tracks major software stocks like those three, fell 16% in January, plunging 7% over the last two days of the month after Microsoft, ServiceNow, and SAP all reported earnings Wednesday. Expand NYSEMKT : IGV iShares Trust - iShares Expanded Tech-Software Sector ETF Today's Change ( -2.12 %) $ -1.96 Current Price $ 90.31 Key Data Points Day's Range $ 89.72 - $ 92.15 52wk Range $ 76.68 - $ 117.99 Volume 15M What's happening in the software sector Fundamentally, there's no obvious reason for the sell-off as most of these companies continue to report solid growth numbers and guidance. However, according to chatter and commentary online, fears of AI disruption are raising doubts about the future of enterprise software. Investors believe that new AI tools could allow enterprise software customers to replace some of these products with in-house offerings, or that AI start-ups will take away market share from the established leaders. The other factor weighing on software stocks is their valuation. After a boom over the last three years, a historically expensive sector got even frothier, and it makes sense for some of that air to come out. For example, ServiceNow is now down 50% from its peak in late 2024, yet the stock still trades at a price-to-earnings ratio of 70. Some of the price corrections happening in the software sector seem healthy. Palantir, as another example, is ...
Key Points Software stocks have tumbled over the last month, falling sharply in the last two days of January. There was no significant fundamental trigger for the movement, but fears of AI disruption seem to be driving it. No one knows how long the sell-off will last, but buying high-quality stocks is a good way to take advantage of it. 10 stocks we like better than Microsoft › We're a month into ...
Key Points Software stocks have tumbled over the last month, falling sharply in the last two days of January. There was no significant fundamental trigger for the movement, but fears of AI disruption seem to be driving it. No one knows how long the sell-off will last, but buying high-quality stocks is a good way to take advantage of it. 10 stocks we like better than Microsoft › We're a month into the new year, and major indexes on the stock market have been mostly steady so far. However, not every corner of the market has been quiet. One of the biggest stories of 2026 is the sudden implosion of software stocks. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » The sector that was famously "eating the world," according to venture capitalist Marc Andreessen, now appears to be turning to cannibalism. Marquee names in the sector like Microsoft (NASDAQ: MSFT), Palantir (NASDAQ: PLTR), and ServiceNow (NYSE: NOW) have all plunged, and the iShares Expanded Tech-Software Sector ETF (NYSEMKT: IGV), which tracks major software stocks like those three, fell 16% in January, plunging 7% over the last two days of the month after Microsoft, ServiceNow, and SAP all reported earnings Wednesday. What's happening in the software sector Fundamentally, there's no obvious reason for the sell-off as most of these companies continue to report solid growth numbers and guidance. However, according to chatter and commentary online, fears of AI disruption are raising doubts about the future of enterprise software. Investors believe that new AI tools could allow enterprise software customers to replace some of these products with in-house offerings, or that AI start-ups will take away market share from the established leaders. The other factor weighing on software stocks is their valuation. After a boom over the last three years, a historically expensive sector got even frothie...
Hurstpierpoint, West Sussex: Look out for the alders – they’re remarkable trees and one of our first to come to life as winter recedes A few wet weeks have left the ground here sodden, making walking a challenge. It doesn’t help that my wellies have sprung a leak. On the rainiest days, I find my range reduced to a few splashy circuits of the village fields, the nearby Downs receding into hanging c...
Hurstpierpoint, West Sussex: Look out for the alders – they’re remarkable trees and one of our first to come to life as winter recedes A few wet weeks have left the ground here sodden, making walking a challenge. It doesn’t help that my wellies have sprung a leak. On the rainiest days, I find my range reduced to a few splashy circuits of the village fields, the nearby Downs receding into hanging cloud. Nevertheless, there are signs of drier times to come. Today, my eye is drawn by a line of alders ( Alnus glutinosa ) that marks the course of a stream. Their graceful silhouettes are bathed in a distinctive maroon haze. Up close, the cause resolves into delicate clarity: purple catkins dangling in bunches from the tip of each twig. Formed at the end of last summer, they have recently begun to lengthen and unclench, coaxed by warming days. Soon (and well before the tree’s round leaves unfurl), they will split open, revealing hundreds of vivid yellow stamens: tiny, lantern guides through the murk and mire of late winter. Continue reading...
Maks_Lab/iStock via Getty Images By Jennifer Nash The Chicago Purchasing Managers’ Index (Chicago Business Barometer) jumped to its highest level in over two years in January, rising 11.3 points to 54.0. This reading came in above the projected 43.5 and marks the first month regional business activity has expanded since the end of 2023. Background on Chicago PMI The Chicago PMI assesses the busine...
Maks_Lab/iStock via Getty Images By Jennifer Nash The Chicago Purchasing Managers’ Index (Chicago Business Barometer) jumped to its highest level in over two years in January, rising 11.3 points to 54.0. This reading came in above the projected 43.5 and marks the first month regional business activity has expanded since the end of 2023. Background on Chicago PMI The Chicago PMI assesses the business conditions and the economic health of the manufacturing sector in the Chicago region. A value above 50.0 indicates expanding manufacturing activity, while a value below 50.0 indicates contracting manufacturing activity. Weak readings have often preceded broader economic downturns. Looking at the index's historical performance, the current level of 54.0 is lower than where the index stood at the start of 2 of the 7 recessions since its inception. A Closer Look Since 2000 Examining data since 2000, the index has undergone fluctuations, often aligning with broader economic cycles. Given its persistent weakness, the current level reinforces concerns about ongoing softness in the manufacturing sector. Chicago PMI vs. ISM Manufacturing Index Let's compare the Chicago PMI with the more popular national ISM manufacturing index. Over the 673 months of available data, the Chicago PMI has been higher 68% of the time. However, despite this frequent outperformance, its historical average of 54.2 is only slightly higher than the ISM’s 52.4. It's clear the two indices tend to move together; however, it’s important to note that the ISM Manufacturing Index is reported with a one-month lag. Original Post Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.
Getty Images Originally published on January 28, 2026 By Carsten Brzeski , Global Head of Macro | Julian Geib , Junior Economist, Global Trade The EU is chasing autonomy one deal at a time Just two weeks after the Mercosur deal was finally signed , following more than 25 years of negotiations, the EU concluded another major trade agreement nearly two decades in the making. During a brief visit to ...
Getty Images Originally published on January 28, 2026 By Carsten Brzeski , Global Head of Macro | Julian Geib , Junior Economist, Global Trade The EU is chasing autonomy one deal at a time Just two weeks after the Mercosur deal was finally signed , following more than 25 years of negotiations, the EU concluded another major trade agreement nearly two decades in the making. During a brief visit to India, European Commission President Ursula von der Leyen finalised negotiations for the “mother of all deals,” as she nicknamed the EU-India free trade agreement. The EU, the third-largest internal market (after China and India), has now entered a trade agreement with one of the world’s largest economies, with more than 1.4 billion people and a GDP of approximately €3.4 trillion. Currently, India is the EU's ninth-largest trading partner by total trade in goods. Trade imbalance: a gap the EU hopes to narrow EU trade with India in € billion; *2025 projection Source: Eurostat, ING Research According to the European Commission, this deal would double the value of EU goods exported to India by 2032 by eliminating or reducing tariffs on 96.6% of exports. Overall, tariff reductions will save around €4bn in duties on European products each year. While EU exports increased until 2023, momentum has since flattened. However, the EU imports far more from India than it exports, accounting for more than 17% of India’s total exports. Fast-paced agreement with broader scope The EU will be granted much larger tariff reductions than any other trading partner. Tariffs on cars will gradually decrease from 110% to 10% over the next five years. Levies on car parts will be eliminated within five to 10 years. Tariffs on machinery, chemicals, and pharmaceuticals, which can reach 44%, will be mostly eliminated; exact reduction schedules have yet to be clarified. The EU will eliminate or reduce tariffs on 99.5% of goods imported from India within seven years. The agreement will include additional d...
J Studios/DigitalVision via Getty Images Private lending has been the talk of the town over the past several years. In the post pandemic era, money moved fast and private credit took center stage as the hot new source of capital for companies of all shapes and sizes. When people think of private credit, they typically think junk bonds, sponsored companies, or distressed investments. In the era of ...
J Studios/DigitalVision via Getty Images Private lending has been the talk of the town over the past several years. In the post pandemic era, money moved fast and private credit took center stage as the hot new source of capital for companies of all shapes and sizes. When people think of private credit, they typically think junk bonds, sponsored companies, or distressed investments. In the era of modern specialized finance, it’s not so simple. Perhaps the best example is the recent deal between Meta Platforms ( META ), Blue Owl ( OWL ), and PIMCO to finance the construction of the infamous Hyperion facility. As the private lending segment continues to develop into a trillion dollar business, cracks are beginning to show. Recently, I published an article talking about systemic issues that are hitting business development companies and securitized credit. Today, we will dive back into Ares Capital Corporation ( ARCC ), the largest business development company. As a flurry of concerns begin to threaten to continued success of business development companies, a lot rides on the largest market participant. Beyond being a fan favorite, ARCC accounts for large portions of BDC funds like the VanEck BDC Income ETF ( BIZD ), the largest BDC ETF. ARCC is the largest holding and accounts for 15% of the fund’s assets. It’s time to follow up on recent coverage and talk about a new era for BDCs. Review of Prior Coverage Nearly one year ago, I published an article covering ARCC. In the article, I took a dive into the fund’s business model and manager. We talked about the wide diversification across borrowers and industries as well as how ARCC leverages the broader Ares Management ( ARES ) platform. The fund has historically outperformed the sector by a material margin. Data by YCharts In the article, I covered the fund’s Q4 and fiscal year-end earnings report. Perhaps the highlight of the earnings release was the announcement that the long term CEO was stepping down. This set the st...