De Zerbi is only candidate currently talking to Spurs Tottenham intend to give Italian a long-term contract Roberto De Zerbi has moved closer to becoming Tottenham’s new manager after further negotiations on Monday. The club have made him their prime target to replace Igor Tudor and save them from what would be a ruinous relegation to the Championship. De Zerbi is in fact the only live candidate g...
De Zerbi is only candidate currently talking to Spurs Tottenham intend to give Italian a long-term contract Roberto De Zerbi has moved closer to becoming Tottenham’s new manager after further negotiations on Monday. The club have made him their prime target to replace Igor Tudor and save them from what would be a ruinous relegation to the Championship. De Zerbi is in fact the only live candidate given that Spurs are not talking to anyone else. The makeup of his backroom staff has also been discussed. Continue reading...
Palantir Technologies (NASDAQ:PLTR) shares are sliding in Monday’s session, down 4% to trade $137 and change after opening at $143.06. The move extends a rough stretch for the stock, which is now down 22% year to date. Today’s pullback reflects a familiar tension for Palantir’s investors. On one hand, the company keeps delivering impressive year-over-year ... Palantir Drops 4%: Can Its AI Partners...
Palantir Technologies (NASDAQ:PLTR) shares are sliding in Monday’s session, down 4% to trade $137 and change after opening at $143.06. The move extends a rough stretch for the stock, which is now down 22% year to date. Today’s pullback reflects a familiar tension for Palantir’s investors. On one hand, the company keeps delivering impressive year-over-year ... Palantir Drops 4%: Can Its AI Partnerships Justify One of the Market’s Most Expensive Valuations?
JHVEPhoto/iStock Editorial via Getty Images Introduction Micron Technology ( MU ) is an interesting company. At the time of writing, it’s the only company in the S&P 500 with a “straight A” report card on Seeking Alpha’s Quant Factor ratings. It’s got a 4.99/5 Quant rating (ranked #2 out of all stocks covered by the system), an overall “Buy” rating from Seeking Alpha analysts, and a “Strong Buy” a...
JHVEPhoto/iStock Editorial via Getty Images Introduction Micron Technology ( MU ) is an interesting company. At the time of writing, it’s the only company in the S&P 500 with a “straight A” report card on Seeking Alpha’s Quant Factor ratings. It’s got a 4.99/5 Quant rating (ranked #2 out of all stocks covered by the system), an overall “Buy” rating from Seeking Alpha analysts, and a “Strong Buy” average rating from Wall Street analysts (28 rate it a strong buy, 10 buy, 5 hold, and no Wall Street analysts rate it a sell). What’s that adage about when something sounds too good to be true? Seeking Alpha For a stock that’s surged nearly 300% in the last year, this has me asking, “What's the catch?” How can the stock appreciate this much and still look so cheap? The answer, in my view, is that Micron is the ultimate siren song stock. I see commentators and analysts mentioning metrics like P/E, EV/EBITDA, and PEG ratios, but the problem is that with this stock in particular, these are not buy signals but warning signs. In this article, I lay out the rationale for Micron being a tempting but ultimately unwise investment. I then use a valuation model based on a projection of 2030 book value and apply a 1.5x price-to-book multiple on that value and then discount it to the present. Under optimistic assumptions, I get a fair value per share of $264. I don’t include a repricing catalyst or suggest trading the stock right now. But I argue that Micron’s behavior right now is right in line with its historical boom-bust pattern. Background (Earnings Call) Micron recently reported what is possibly the best quarter in the history of the semiconductor industry, and paradoxically the stock has since declined significantly. Revenues tripled, and gross margins hit 74.4%, and the company guided for 81% margins. On this news the stock entered a bear market within a matter of days, and as a result is currently one of the ‘cheapest’ stocks in the S&P 500 in terms of forward P/E. So how do we...
JHVEPhoto/iStock Editorial via Getty Images Introduction Micron Technology ( MU ) is an interesting company. At the time of writing, it’s the only company in the S&P 500 with a “straight A” report card on Seeking Alpha’s Quant Factor ratings. It’s got a 4.99/5 Quant rating (ranked #2 out of all stocks covered by the system), an overall “Buy” rating from Seeking Alpha analysts, and a “Strong Buy” a...
JHVEPhoto/iStock Editorial via Getty Images Introduction Micron Technology ( MU ) is an interesting company. At the time of writing, it’s the only company in the S&P 500 with a “straight A” report card on Seeking Alpha’s Quant Factor ratings. It’s got a 4.99/5 Quant rating (ranked #2 out of all stocks covered by the system), an overall “Buy” rating from Seeking Alpha analysts, and a “Strong Buy” average rating from Wall Street analysts (28 rate it a strong buy, 10 buy, 5 hold, and no Wall Street analysts rate it a sell). What’s that adage about when something sounds too good to be true? Seeking Alpha For a stock that’s surged nearly 300% in the last year, this has me asking, “What's the catch?” How can the stock appreciate this much and still look so cheap? The answer, in my view, is that Micron is the ultimate siren song stock. I see commentators and analysts mentioning metrics like P/E, EV/EBITDA, and PEG ratios, but the problem is that with this stock in particular, these are not buy signals but warning signs. In this article, I lay out the rationale for Micron being a tempting but ultimately unwise investment. I then use a valuation model based on a projection of 2030 book value and apply a 1.5x price-to-book multiple on that value and then discount it to the present. Under optimistic assumptions, I get a fair value per share of $264. I don’t include a repricing catalyst or suggest trading the stock right now. But I argue that Micron’s behavior right now is right in line with its historical boom-bust pattern. Background (Earnings Call) Micron recently reported what is possibly the best quarter in the history of the semiconductor industry, and paradoxically the stock has since declined significantly. Revenues tripled, and gross margins hit 74.4%, and the company guided for 81% margins. On this news the stock entered a bear market within a matter of days, and as a result is currently one of the ‘cheapest’ stocks in the S&P 500 in terms of forward P/E. So how do we...
Todd Rosenbluth, head of research at TMX VettaFi, joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on "Bloomberg ETF IQ." Bloomberg Intelligence says ETF closures are up 24%, with 41 ETFs liquidated in the first two months of 2026 compared to 33 in the corresponding period of 2025. (Source: Bloomberg)
Todd Rosenbluth, head of research at TMX VettaFi, joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on "Bloomberg ETF IQ." Bloomberg Intelligence says ETF closures are up 24%, with 41 ETFs liquidated in the first two months of 2026 compared to 33 in the corresponding period of 2025. (Source: Bloomberg)
Todd Rosenbluth, head of research at TMX VettaFi, joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on "Bloomberg ETF IQ." Nasdaq will enact a rule change designed to slash the time it takes for newly listed, large-cap companies to enter its main index, a move that will give shares of behemoths like SpaceX a faster route into funds that are pegged to the benchmark. (Source: Bloomberg)
Todd Rosenbluth, head of research at TMX VettaFi, joins Katie Greifeld, Scarlet Fu, and Eric Balchunas on "Bloomberg ETF IQ." Nasdaq will enact a rule change designed to slash the time it takes for newly listed, large-cap companies to enter its main index, a move that will give shares of behemoths like SpaceX a faster route into funds that are pegged to the benchmark. (Source: Bloomberg)
Looks like Meta is hoping the recent Supreme Court ruling that found Internet service providers aren't liable for piracy on their networks will help the social media giant dodge liability claims over its torrenting of AI training data . Last week, Meta filed a statement in a lawsuit that alleged that Meta should be liable under copyright law for contributory infringement simply because the company...
Looks like Meta is hoping the recent Supreme Court ruling that found Internet service providers aren't liable for piracy on their networks will help the social media giant dodge liability claims over its torrenting of AI training data . Last week, Meta filed a statement in a lawsuit that alleged that Meta should be liable under copyright law for contributory infringement simply because the company knows how torrenting works. By seeding perhaps 80 terabytes of pirated works, the company allegedly knew it was inducing infringement by allowing uploads to help speed up its downloads, the plaintiffs, Entrepreneur Media, argued. This contributory infringement claim is much easier to prove than a separate claim raised in a class action filed by book authors in Kadrey v. Meta , which alleged that Meta's torrenting meant it was liable for a "distribution" claim of direct copyright infringement. TorrentFreak noted that the authors' claim required evidence that Meta torrented an entire work, whereas the contributory infringement claim only depends on proving that Meta facilitated torrent transfers. Read full article Comments
Dilok Klaisataporn/iStock via Getty Images I started studying economics and finance in 2019, and one of the first things that I learned was that equities tend to have a negative correlation with bonds. Therefore, if you add bonds to your equity portfolio, you are essentially hedging against the downside risk. In theory, if a recession occurs, equities drop, but part of the losses are going to be o...
Dilok Klaisataporn/iStock via Getty Images I started studying economics and finance in 2019, and one of the first things that I learned was that equities tend to have a negative correlation with bonds. Therefore, if you add bonds to your equity portfolio, you are essentially hedging against the downside risk. In theory, if a recession occurs, equities drop, but part of the losses are going to be offset by bond price appreciation. So, if a 100% equity portfolio drops 40% during a severe recession, a 60/40 (60% equities, 40% bonds) portfolio might decline by just 15-20%. For years, financial advisors promoted the 60/40 portfolio as a way to benefit from bullish periods while reducing your downside risk, but I believe that this strategy no longer works. Why? Because the correlation between bonds and equity is no longer negative. In my opinion, bonds won’t protect you against the next recession. Where Does This Bias Come From? To understand why the 60/40 portfolio no longer works to protect you against the downside risk, I believe it is important to first point out why it got so popular. People love the idea of remaining invested in the stock market while taking less risk thanks to the bond’s exposure. The 60/40 portfolio was the ideal compromise for people with a low-medium risk tolerance, and the performance achieved across the “lost decade” further fueled their conviction. Lost decade returns (Kaplan Ibbotson) From 2001 to 2013, the stock market (red line) went nowhere because the US economy faced two significant recessions. But the 60/40 portfolio (blue line) was up about 30% during the same period. Not only that, in fact the downsides were much less pronounced, something that is very important to help you not panic. After such a great performance during one of the worst periods ever to be invested, it is not a coincidence that the 60/40 portfolio started to gain weight in the financial community. In 2011, Vanguard launched LifeStrategy 60/40, basically an ETF that ...
In trading on Monday, shares of Pennymac Mortgage Investment Trust's 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest (Symbol: PMT.PRA) were yielding above the 9% mark based on its quarterly dividend (annualized to $2.0313), wi
In trading on Monday, shares of Pennymac Mortgage Investment Trust's 8.125% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Shares of Beneficial Interest (Symbol: PMT.PRA) were yielding above the 9% mark based on its quarterly dividend (annualized to $2.0313), wi
In trading on Monday, shares of Nexpoint Diversified Real Estate Trust's 5.50% Series A Preferred Shares (Symbol: NXDT.PRA) were yielding above the 10.5% mark based on its quarterly dividend (annualized to $1.375), with shares changing hands as low as $13.09 on the day. This
In trading on Monday, shares of Nexpoint Diversified Real Estate Trust's 5.50% Series A Preferred Shares (Symbol: NXDT.PRA) were yielding above the 10.5% mark based on its quarterly dividend (annualized to $1.375), with shares changing hands as low as $13.09 on the day. This
You work hard. You pay your taxes. It seems like you're doing everything you can to maximize your Social Security benefits in retirement. But there could be a few things you're still overlooking. If you truly want to get the most out of the program, there are three key parts of the Social Security benefit formula you must learn to leverage. Here's what you need to do. Image source: Getty Images. C...
You work hard. You pay your taxes. It seems like you're doing everything you can to maximize your Social Security benefits in retirement. But there could be a few things you're still overlooking. If you truly want to get the most out of the program, there are three key parts of the Social Security benefit formula you must learn to leverage. Here's what you need to do. Image source: Getty Images. Continue reading