Andrii Dodonov/iStock via Getty Images Fund Commentary The first quarter was defined less by realized macroeconomic outcomes than by a reassessment of risks. Economic momentum entering the quarter was reasonably constructive, and published consensus estimates for trend-like global growth and manageable inflation largely remained intact by quarter-end. However, sentiment shifted as the Iran war mov...
Andrii Dodonov/iStock via Getty Images Fund Commentary The first quarter was defined less by realized macroeconomic outcomes than by a reassessment of risks. Economic momentum entering the quarter was reasonably constructive, and published consensus estimates for trend-like global growth and manageable inflation largely remained intact by quarter-end. However, sentiment shifted as the Iran war moved into its second month, biasing expectations toward weaker growth and higher inflation. The effective closure of the Strait of Hormuz disrupted the flow of a meaningful share of global commodity supply, including oil, natural gas, fertilizers, and other inputs. While strategic stockpiles provided a buffer, each day without a definitive path to resolution increased the risk of supply depletion and a more pronounced global energy shock. The potential economic implications varied across regions, with net energy importers in Europe and Asia facing greater scrutiny than the U.S. Oil futures pointed to a baseline scenario of easing tensions, consistent with expectations for a manageable global economic impact. Still, mixed headlines exiting the quarter tempered confidence that a resolution was imminent, leaving investors to contemplate the risk of a more prolonged disruption. While it remained too early to assess the conflict's impact in economic data, central bank expectations responded more rapidly during the quarter. Futures markets now price multiple rate hikes this year from both the Bank of England and the European Central Bank. Markets also dialed back easing expectations from the U.S. Federal Reserve, shifting from two cuts to a hold this year. Despite a strong start, a challenging March led to weak 1Q financial market returns. Global equities declined 3%, while fixed income returns were slightly negative with headwinds from both rates and credit spreads. Brent crude oil prices surged above $100 per barrel, leaving the energy sector as the standout winner in the equity ...
A study of analyst recommendations at the major brokerages shows that Boeing Co. (Symbol: BA) is the #6 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ETF Channel. Boeing Co. also comes in above the median of analyst picks
A study of analyst recommendations at the major brokerages shows that Boeing Co. (Symbol: BA) is the #6 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ETF Channel. Boeing Co. also comes in above the median of analyst picks
A study of analyst recommendations at the major brokerages shows that Reliance Inc (Symbol: RS) is the #12 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Global Minin
A study of analyst recommendations at the major brokerages shows that Reliance Inc (Symbol: RS) is the #12 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Global Minin
Apple Hospitality REIT， Inc．（纽约证券交易所代码：APLE）周二宣布，计划于美国东部时间2026年8月5日（星期三）收盘后发布2026年第二季度财务业绩，并定于8月6日（星期四）上午11：00举行投资者电话会议，讨论季度业绩。该公司是一家公开上市、主要投资于美国高档精选服务酒店的房地产投资信托基金。 此次电话会议的参与者可通过电话或互联网接入。美国国内的参会者可拨打87...
Nicolae Popescu/iStock via Getty Images I'm seeing Palomar Holdings, Inc. ( PLMR ) as a solid investment candidate. Its disclosures at William Blair's Growth Conference (S&P Capital IQ transcript) on June 3 point to an improving outlook over the short-to-medium term. The previous January 5, 2026 write-up was focused on my constructive view of PLMR's inorganic move and its 4Q25 results preview. I w...
Nicolae Popescu/iStock via Getty Images I'm seeing Palomar Holdings, Inc. ( PLMR ) as a solid investment candidate. Its disclosures at William Blair's Growth Conference (S&P Capital IQ transcript) on June 3 point to an improving outlook over the short-to-medium term. The previous January 5, 2026 write-up was focused on my constructive view of PLMR's inorganic move and its 4Q25 results preview. I was right regarding the latter, with it registering both revenue and earnings surprises for October-December 2025. A Step-Up In Management's Full-Year Projections PLMR has become more optimistic about how it will perform in the months ahead. The firm revised its FY26 bottom-line guide from $0.270B to $273M (mid-point) during last Wednesday's presentation at Blair. This means that it anticipates recording a 26.3% net profit expansion and a 20-plus percent ROE in the current year. In my opinion, the company's future showing should be boosted by lower-than-expected expenses, portfolio de-concentration, and acquisition-driven opportunities. I think the updated financial forecast is achievable. At the Q1 analyst briefing in early May, PLMR had initially estimated that its FY2026 reinsurance pricing will be "10% to 15% down." But actual renewals were executed at "rates close to 20%" lower, as per the group's Jun 3 conference comments. Also, it's no longer heavily dependent on any single division or industry segment from my perspective. As per the William Blair event slides , its 1Q2026 "Gross Written Premiums (GWP)" split between residential and commercial is a pretty even 45:55. During the same period, the flagship Earthquake arm contributed less than a quarter of its GWP, with almost one-fifth coming from categories other than P&C. The GWPs for PLMR's non-earthquake businesses, casualty and crop, jumped 55% and 82%, respectively, in the first three months of this year. That was far superior compared to the group-level metric of +42%. Separately, my prior Jan '26 write-up drew at...
Shares of Qualcomm (NASDAQ:QCOM) are down 8% to $201 in Tuesday morning trading, while Marvell Technology (NASDAQ:MRVL) shares are off 10% to $260. The catalyst centers on news that ByteDance is moving forward with a custom AI silicon (ASIC) deal that touches Qualcomm directly, reshaping the merchant custom-silicon narrative across the sector. The selling action ... Qualcomm Drops 8% on ByteDance ...
Shares of Qualcomm (NASDAQ:QCOM) are down 8% to $201 in Tuesday morning trading, while Marvell Technology (NASDAQ:MRVL) shares are off 10% to $260. The catalyst centers on news that ByteDance is moving forward with a custom AI silicon (ASIC) deal that touches Qualcomm directly, reshaping the merchant custom-silicon narrative across the sector. The selling action ... Qualcomm Drops 8% on ByteDance ASIC Deal, Marvell Falls 10% as Custom-Silicon Stocks Slide
Billionaire Palantir CEO Alex Karp has a message for Silicon Valley executives touting AI-driven job cuts: Don’t be surprised if workers turn against you.
Billionaire Palantir CEO Alex Karp has a message for Silicon Valley executives touting AI-driven job cuts: Don’t be surprised if workers turn against you.
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares 20+ Year Treasury Bond ETF, where 28,700,000 units were destroyed, or a 5.7% decrease week over week. And on a percentage change
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares 20+ Year Treasury Bond ETF, where 28,700,000 units were destroyed, or a 5.7% decrease week over week. And on a percentage change
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the DRAM ETF, which added 47,160,000 units, or a 22.3% increase week over week. And on a percentage change basis, the ETF with the biggest increase
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the DRAM ETF, which added 47,160,000 units, or a 22.3% increase week over week. And on a percentage change basis, the ETF with the biggest increase
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys. At Infinity Natural Resources, a filing with the SEC revealed that on Friday, Will
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to make money. So let's look at two noteworthy recent insider buys. At Infinity Natural Resources, a filing with the SEC revealed that on Friday, Will
A 65-year-old retiree with $1 million who follows the standard 4% rule withdraws $40,000 in the first year, then increases that amount over time to keep pace with inflation. A dividend-focused alternative starts slightly lower, at about $38,000 in annual income from a 3.8% blended yield, but does not require selling shares. Over 20 years, ... The Dividend Strategy That Beats the 4% Rule by $400,00...
A 65-year-old retiree with $1 million who follows the standard 4% rule withdraws $40,000 in the first year, then increases that amount over time to keep pace with inflation. A dividend-focused alternative starts slightly lower, at about $38,000 in annual income from a 3.8% blended yield, but does not require selling shares. Over 20 years, ... The Dividend Strategy That Beats the 4% Rule by $400,000 Over 20 Years on a $1 Million Portfolio
If you want the easiest, lowest-cost way to invest in the stock market, one popular Vanguard exchange-traded fund can do what you need. The Vanguard S&P 500 ETF (NYSEMKT: VOO) recently made headlines, and history, by surpassing a total of $1 trillion of investor assets . Many people are entrusting their savings to this one ETF that owns the stocks of the entire S&P 500 index -- and it's been a gre...
If you want the easiest, lowest-cost way to invest in the stock market, one popular Vanguard exchange-traded fund can do what you need. The Vanguard S&P 500 ETF (NYSEMKT: VOO) recently made headlines, and history, by surpassing a total of $1 trillion of investor assets . Many people are entrusting their savings to this one ETF that owns the stocks of the entire S&P 500 index -- and it's been a great investment. For the past 15 years since the fund's inception in September 2010, the Vanguard S&P 500 ETF has delivered 15.18% annualized returns. But I don't own it. I've got nothing against this fund, but there's a different Vanguard index fund in my portfolio that I like even better. It's called the Vanguard Total Stock Market ETF (NYSEMKT: VTI) . This fund owns 3,494 stocks, and so far in 2026, it is delivering slightly better performance: its shares are up 8.38% year to date, while the S&P 500 fund's share price is up 8.11%. Continue reading
AMD's Data Center revenues surge 57% to a record $5.8B as AI infrastructure demand boosts EPYC and Instinct adoption across cloud and enterprise markets.
AMD's Data Center revenues surge 57% to a record $5.8B as AI infrastructure demand boosts EPYC and Instinct adoption across cloud and enterprise markets.