MotionIsland/iStock via Getty Images Co-authored by Luuk Wierenga. A massive supply shortage is coming, and no, I'm not talking about oil, fertilizer, aluminum, sulfur, or any of the other commodities that used to travel through the Strait of Hormuz. That is a possibility we have accounted for with other portfolio picks at High Dividend Opportunities , but today we want to focus on something more ...
MotionIsland/iStock via Getty Images Co-authored by Luuk Wierenga. A massive supply shortage is coming, and no, I'm not talking about oil, fertilizer, aluminum, sulfur, or any of the other commodities that used to travel through the Strait of Hormuz. That is a possibility we have accounted for with other portfolio picks at High Dividend Opportunities , but today we want to focus on something more local. The real estate construction cycle has been materially impacted by rapidly rising interest rates. High-interest rates caused many companies to pull back from investing in new construction because it made new construction more expensive and less profitable. The thing is that for many commercial structures, development is something that takes several years. There are zoning and other political considerations and processes that have to be gone through before a shovel even touches the ground. Then, even when construction starts, it is a process that can take a year or even several years, depending on the complexity and size of the project. What happens when you have several consecutive years when investors are disincentivized from embarking on development projects? The incoming supply of leasable space fails to keep up with demand. When demand is higher than supply, prices go up. REITs have seen their share prices decline in recent years because interest rates have gone up. Higher rates directly cause lower property values, and since REITs typically use leverage, it increases their cost of borrowing. Yet, the unseen benefit is that by discouraging activity in the real estate market, high rates also discourage new construction. Since development takes years to ramp up, this results in a lack of supply and causes prices to rise. Who owns the supply? REITs. Sector Opportunity: REIT CEFs When you invest in individual dividend stocks or funds, it is important to look at the broader sector trends. For a while now, we've been reading about a clear lack of new supply coming thro...
Pakistan has again pushed back the presentation of its annual budget, further extending an unusual delay that has prompted speculation from analysts and investors about its reasons. The federal budget, typically among the most predictable events in the country, will “likely” be presented on Friday, Pakistan’s Parliamentary Minister Dr. Tariq Fazal Chaudhary in a post on X. The budget had previousl...
Pakistan has again pushed back the presentation of its annual budget, further extending an unusual delay that has prompted speculation from analysts and investors about its reasons. The federal budget, typically among the most predictable events in the country, will “likely” be presented on Friday, Pakistan’s Parliamentary Minister Dr. Tariq Fazal Chaudhary in a post on X. The budget had previously been scheduled for Wednesday. Earlier, Pakistan Foreign Minister Ishaq Dar had told Bloomberg News it would be shared the first week of June. So far, the government hasn’t given any reason for the delay. On Monday, Planning Minister Ahsan Iqbal said a final decision on the budget date was pending as key measures remain unresolved, though he didn’t specify what they were. Pakistan’s information minister and an adviser to the finance minister didn’t immediately respond to a request for a comment. Delays in Pakistan’s budget presentation are rare. Mohammed Sohail, CEO at brokerage Topline Securities Ltd., said the delay could be due to disagreement over cost-sharing between the central and provincial governments. Pakistan’s budget is likely to come under added attention given the government’s need to stay aligned with commitments under its $7 billion International Monetary Fund program. The country has also come under fiscal strain following the war in Iran given its heavy dependence on Persian Gulf energy imports.
onurdongel/iStock via Getty Images Alterity Therapeutics ( ATHE ) and the FDA have reached on agreement on the details for the pharma' phase 3 program for ATH434, its candidate for the rare neurodegenerative disorder multiple system atrophy. The particulars include the study population, treatment duration, and primary endpoint, the 11-item UMSARS Part I rating scale. About 200 patients will enroll...
onurdongel/iStock via Getty Images Alterity Therapeutics ( ATHE ) and the FDA have reached on agreement on the details for the pharma' phase 3 program for ATH434, its candidate for the rare neurodegenerative disorder multiple system atrophy. The particulars include the study population, treatment duration, and primary endpoint, the 11-item UMSARS Part I rating scale. About 200 patients will enroll in the placebo-controlled trial. Alterity’s proposed Phase 3 dose regimen of ATH434 is 50 mg twice daily. In phase 2 at that dose, 48% of patients achieved slowing of disease progression vs placebo and efficacy based on the UMSARS Part I. Secondary endpoints include the Swallowing Disturbance Questionnaire, the Orthostatic Hypotension Symptom Assessment, and the Clinical Global Impression of Severity. According to Alterity, ATH434 is designed to redistribute excess iron and slow abnormal protein aggregation associated with neurodegeneration. Shares are down ~13% in premarket trading Tuesday. More on Alterity Therapeutics Alterity Therapeutics Limited (ATHE) Discusses Phase II Data and Development Strategy for ATH434 in Multiple System Atrophy - Slideshow Alterity Therapeutics Limited (ATHE) Discusses Phase II Data and Development Strategy for ATH434 in Multiple System Atrophy Transcript Seeking Alpha’s Quant Rating on Alterity Therapeutics Historical earnings data for Alterity Therapeutics Financial information for Alterity Therapeutics
Inflationary pressure, still-high interest rates and tariffs are major concerns for the Zacks Internet - Delivery Services industry. However, efforts to adopt consumer preferences and technological advancements are likely to help GDDY, VIPS and ASUR navigate the headwinds.
Inflationary pressure, still-high interest rates and tariffs are major concerns for the Zacks Internet - Delivery Services industry. However, efforts to adopt consumer preferences and technological advancements are likely to help GDDY, VIPS and ASUR navigate the headwinds.
Check out the companies making headlines before the bell: GSK , Nuvalent — Shares of U.S. drugmaker Nuvalent rose nearly 39% after U.K.-based biopharmaceutical company GSK announced an agreement to acquire the company for $10.6 billion. J.M. Smucker Company — Shares jumped 3.5% after the maker of Smucker's jam and Jif peanut butter reported fourth-quarter results that topped expectations. Earnings...
Check out the companies making headlines before the bell: GSK , Nuvalent — Shares of U.S. drugmaker Nuvalent rose nearly 39% after U.K.-based biopharmaceutical company GSK announced an agreement to acquire the company for $10.6 billion. J.M. Smucker Company — Shares jumped 3.5% after the maker of Smucker's jam and Jif peanut butter reported fourth-quarter results that topped expectations. Earnings of $2.77 per share, on an adjusted basis, exceeded the $2.64 FactSet consensus estimate. Revenue of $2.27 billion also topped the anticipated $2.26 billion. SailPoint —The identity, data and security intelligence platform plunged more than 12% after issuing lackluster full-year guidance, even as its first-quarter earnings exceeded estimates. SailPoint expects adjusted earnings of 30 cents to 34 cents for the full year ending January, while analysts polled by FactSet were anticipating 32 cents. Expected revenue of $1.265 billion to $1.275 billion for the full year came in the low range of the expected $1.27 billion. Alibaba — The Pentagon added a slew of Chinese companies, including Alibaba Group, Baidu Inc and carmaker BYD, to a list of entities it believes have aided the Chinese military. Shares of Alibaba gained 0.9%, while shares of Baidu climbed more than 1%. Vail Resorts — Shares of the mountain resort company dropped 4.9% after Vail Resorts posted disappointing earnings of $8.81 per share in the third quarter, missing the $8.96 LSEG consensus estimate. Revenues of $1.21 billion came in line with expectations. Chip stocks — Chip stocks continued their comeback in the premarket Tuesday, with the VanEck Semiconductor ETF gaining 1.8%. Shares of Micron Technology climbed 5%, while shares of Qualcomm were up by 2.6%. — CNBC's Anniek Bao and Davis Giangiulio contributed reporting
Nvidia CEO Jensen Huang has spent the past several years becoming one of the most influential executives in the world. In the wake of the AI boom, Nvidia has become one of the most valuable companies in the world with a market cap of over $5 trillion. But now, Huang may be headed for ... Elizabeth Warren Lays a Trap for Jensen Huang. He May Have No Choice But to Accept.
Nvidia CEO Jensen Huang has spent the past several years becoming one of the most influential executives in the world. In the wake of the AI boom, Nvidia has become one of the most valuable companies in the world with a market cap of over $5 trillion. But now, Huang may be headed for ... Elizabeth Warren Lays a Trap for Jensen Huang. He May Have No Choice But to Accept.
Singapore-listed developer Wee Hur Holdings is expanding its Hong Kong student accommodation platform with the acquisition of One Bedford Place, a lender-controlled office tower that it plans to convert into a 500-bed student housing project. The company said in a filing to the Singapore Exchange on Tuesday evening that it had acquired One Bedford Place for an undisclosed sum, deepening its push i...
Singapore-listed developer Wee Hur Holdings is expanding its Hong Kong student accommodation platform with the acquisition of One Bedford Place, a lender-controlled office tower that it plans to convert into a 500-bed student housing project. The company said in a filing to the Singapore Exchange on Tuesday evening that it had acquired One Bedford Place for an undisclosed sum, deepening its push into Hong Kong’s fast-growing student accommodation market. “This investment reflects our conviction...
noLimit46/iStock via Getty Images Lumentum Holdings Inc. ( LITE ) is a photonics company converting laser chips, assemblies, optical circuit switches, and co-packaged-optics into servicing the current AI demand supercycle. Current AI data centers and future physical AI demand both create a powerful backdrop for what could be continued momentum compounding for the company's investors. Yet, it has a...
noLimit46/iStock via Getty Images Lumentum Holdings Inc. ( LITE ) is a photonics company converting laser chips, assemblies, optical circuit switches, and co-packaged-optics into servicing the current AI demand supercycle. Current AI data centers and future physical AI demand both create a powerful backdrop for what could be continued momentum compounding for the company's investors. Yet, it has a >100x forward non-GAAP P/E, which is demanding to say the least. The stock price has literally ripped since July 2025. I think LITE stock can rise further if the 90% Q3 growth and $960M-$1.01B Q4 guide endure, but the critical risk is valuation multiple compression and an uncertain macro valuation backdrop that indicates over-exuberance on the AI trade. The momentum, though, will likely continue until true signs of capex moderation and token-usage moderation. And likely also not stop until interest rates are raised by the Fed. That said, I expect a slowing of the momentum and would not be surprised to see a price recalibration. Furthermore, the greatest momentum players are going to have trailing or targeted stops or defined exit strategies. You think they'll get burned on the way down, but the best won't. It's only the fools who buy in at the top and sell at the bottom, which are actually quite rare, who will get burned. Pros have made a lot of money here and will have made a lot of money when the first momentum wave of the AI multiboom concedes to the value players. Momentum is yin to value's yang. Data by YCharts The Light Bottleneck Meets Valuation Realism Most AI investors already understand GPUs, but the next constraint looks more like it will be optical throughput. Lumentum is really well-positioned in this regard, and NVIDIA Corporation's ( NVDA ) $2B investment and multi-billion-dollar purchase commitment validate the bottleneck. Even if the valuation already prices in major success, and even though it seems totally irrational, I would not be surprised to see LITE...
owngarden/E+ via Getty Images I previously rated Argan, Inc. ( AGX ) as a Hold in March 2026, given the mixed risk/reward prospects from the overly done upward momentum and the increasingly expensive valuations. In this article, I shall discuss why AGX remains a Hold here, attributed to the minimal margin of safety from the outsized YTD stock price rally. AGX Proves Their AI Beneficiary Status AGX...
owngarden/E+ via Getty Images I previously rated Argan, Inc. ( AGX ) as a Hold in March 2026, given the mixed risk/reward prospects from the overly done upward momentum and the increasingly expensive valuations. In this article, I shall discuss why AGX remains a Hold here, attributed to the minimal margin of safety from the outsized YTD stock price rally. AGX Proves Their AI Beneficiary Status AGX 1Y Stock Price (Trading View) Since my last Hold rating, the bulls have continued to prove my prior Hold rating wrong, as AGX delivers an outsized stock price rally of +22.6% compared to the wider market at +15.9%, with a similar outperformance also observed in some of its construction company peers in varying degrees. 1. AI/Power Generation Capex Beneficiary Part of the optimism embedded in the recent rally is likely attributed to the Q1'26 earnings season reiterating the durability of compute demand as numerous hyperscalers guide multi-billion dollar data center capex trends . "In an environment where power demand is growing exponentially and a generation of power facilities reaches the end of useful life," it is unsurprising that AGX has proven to be a beneficiary of the heightened power generation infrastructure construction activities. The same has been observed in 92% of their backlog supporting " the electric economy " through renewable projects and natural gas-fired power plants, with the multi-year backlog stretching through 2029 offering interested investors with a great insight into their multi-year profitable growth prospects. 2. FQ1'27 Metrics Discussed The same has been observed in AGX's robust FQ1'27 performance metrics across: the accelerating revenue growth to $290.95M (+50.2% YoY) against a year ago at +22.8% YoY , the richer adj EBITDA margin of 19.4% (+3.1 points YoY/+8.6 from FY2019 levels of 10.8% ), and the adj EPS of $3.24 (+102.5% YoY) against a year ago at +175.8% YoY, with it underscoring their ability to opportunistically capitalize on the growi...