Shares of Super Micro Computer (NASDAQ:SMCI) and Gorilla Technology Group (NASDAQ:GRRR) are both selling off hard in midday trading on Wednesday, June 3. SMCI stock is down 9% to $45.80, while GRRR stock has tumbled 20% to $17.45. The catalyst is, ironically, a positive one. Super Micro Computer and Gorilla Technology announced a roughly $2 ... Super Micro Computer Sinks 9%, Gorilla Technology Tum...
Shares of Super Micro Computer (NASDAQ:SMCI) and Gorilla Technology Group (NASDAQ:GRRR) are both selling off hard in midday trading on Wednesday, June 3. SMCI stock is down 9% to $45.80, while GRRR stock has tumbled 20% to $17.45. The catalyst is, ironically, a positive one. Super Micro Computer and Gorilla Technology announced a roughly $2 ... Super Micro Computer Sinks 9%, Gorilla Technology Tumbles 20% Despite $2 Billion India AI Infrastructure Deal
hapabapa UBS named Dutch Bros ( BROS ) as its top pick in the restaurant sector. Analyst Dennis Geiger pointed to accelerating traffic trends for the coffee chain and strong new store productivity, which are seen supporting a durable mid-teens unit growth algorithm. Despite the recent momentum, BROS shares trade at an attractive multiple of 25.5X the 2026 consensus EV/EBITDA estimate vs. the 31X t...
hapabapa UBS named Dutch Bros ( BROS ) as its top pick in the restaurant sector. Analyst Dennis Geiger pointed to accelerating traffic trends for the coffee chain and strong new store productivity, which are seen supporting a durable mid-teens unit growth algorithm. Despite the recent momentum, BROS shares trade at an attractive multiple of 25.5X the 2026 consensus EV/EBITDA estimate vs. the 31X three-year average to create a compelling valuation disconnect, noted Geiger. The firm forecasts 5.6% systemwide same-store sales for Dutch Bros ( BROS ) this year, which would fall near the top of the guidance range for +4% to +6%. The same-store sales strength is expected to be driven by the food rollout, rising mobile orders, menu innovation, and continued digital and loyalty gains, with additional upside if the food launch outperforms. "We think there could be upside to full year ’26 expectations given recent sales strength and management’s historically conservative guidance and would expect the stock to re-rate higher on that momentum," highlighted Geiger. UBS set a price target of $85 on Dutch Bros ( BROS ) vs. the 52-week trading range of $44.58 to $77.88. Shares of BROS were down 3.8% in early afternoon trading on Wednesday to $55.66. Short interest on BROS stands at 13.1% of the total float. More on Dutch Bros Dutch Bros Inc. (BROS) Presents at 46th Annual William Blair Growth Stock Conference Transcript Dutch Bros: Still Strong Despite Macro Storm Brewing Dutch Bros: Why This Coffee Chain Should Be Evaluated As An Energy Drink Competitor Venti problems? Coffee chain disruptors 7 Brew, Blank Street, and Scooter's are creating buzz Dutch Bros buys 29 Phoenix-area shops from retiring franchise owner
Even though overall inflation has cooled from the highs seen in recent years, the cost of essentials such as groceries, housing, healthcare, and insurance continues to strain many older Americans' budgets. And while some of that recent pain may be linked to the Iran conflict -- and could therefore ease if things settle down -- inflation is a persistent problem even in the best of times. The good n...
Even though overall inflation has cooled from the highs seen in recent years, the cost of essentials such as groceries, housing, healthcare, and insurance continues to strain many older Americans' budgets. And while some of that recent pain may be linked to the Iran conflict -- and could therefore ease if things settle down -- inflation is a persistent problem even in the best of times. The good news is that you're not doomed to fall behind inflation in retirement. Here are three ways you can keep up with or beat it. Image source: Getty Images. Continue reading
STORY: Shares of Meta rose more than 3% in morning trading on Wednesday, after the social media giant unveiled an AI agent designed to help businesses carry out day-to-day operations. The move marks Meta's latest push into the fast-growing enterprise AI market. Mark Zuckerberg's company said the new product expands on existing business messaging services by enabling "agentic" capabilities in which...
STORY: Shares of Meta rose more than 3% in morning trading on Wednesday, after the social media giant unveiled an AI agent designed to help businesses carry out day-to-day operations. The move marks Meta's latest push into the fast-growing enterprise AI market. Mark Zuckerberg's company said the new product expands on existing business messaging services by enabling "agentic" capabilities in which the assistant can, for example, book calendar appointments and close sales on behalf of businesses. It said more than 1 million businesses were already using earlier chatbot versions of such agents on WhatsApp and Messenger. The new version will be added to Instagram as well. The move hints at Meta's ambitions to compete with rivals like OpenAI, Anthropic and Google in the market for enterprise applications of its AI tools, leveraging the reach of its WhatsApp, Instagram and Facebook apps. The company is also launching a broader "Business Agent Platform" aimed at giving businesses the tools to build custom AI agents to help them manage their operations elsewhere. That platform is connected to hundreds of non-Meta systems, including Shopify.
The United States market has seen a positive trend, rising 1.2% over the last week and 27% over the past year, with earnings projected to grow by 17% annually in the coming years. In this context of robust market performance, growth companies with significant insider ownership often attract attention as they can indicate strong internal confidence and alignment of interests between management and ...
The United States market has seen a positive trend, rising 1.2% over the last week and 27% over the past year, with earnings projected to grow by 17% annually in the coming years. In this context of robust market performance, growth companies with significant insider ownership often attract attention as they can indicate strong internal confidence and alignment of interests between management and shareholders.
Plex is adding new social features to the platform. As of today, users can make and share "personalized lists on Plex of any movie, show or episode," the company said in an announcement. Later this year, users will be able to import lists from other streaming services and react to other people's lists. This month, Plex will also launch a community forum that will allow people to "post and comment ...
Plex is adding new social features to the platform. As of today, users can make and share "personalized lists on Plex of any movie, show or episode," the company said in an announcement. Later this year, users will be able to import lists from other streaming services and react to other people's lists. This month, Plex will also launch a community forum that will allow people to "post and comment directly on any movie, show, season, or episode." Later this year, Plex will introduce "Match Scores" based on a viewer's history and past ratings to predict how much they'll like a show or movie, Plex said. Read full article Comments
Tesla Inc.‘s former data labelers and engineers do not trust the EV giant’s self-driving system as well as its safety data, according to a Reuters investigation released on Thursday. Doubts Over System’s Safety The news agency conducted interviews with over...
Tesla Inc.‘s former data labelers and engineers do not trust the EV giant’s self-driving system as well as its safety data, according to a Reuters investigation released on Thursday. Doubts Over System’s Safety The news agency conducted interviews with over...
Kyle Wehner/iStock via Getty Images Hudson Pacific Properties ( HPP ) rally could be set to continue as the long-beleaguered REIT sees leasing volume ramp as demand for prime office space in its core West Coast markets continues to rise. HPP closed 85 leases spread across 554,021 square feet during its fiscal 2026 first quarter. This was almost half split between new and renewal leases, with one o...
Kyle Wehner/iStock via Getty Images Hudson Pacific Properties ( HPP ) rally could be set to continue as the long-beleaguered REIT sees leasing volume ramp as demand for prime office space in its core West Coast markets continues to rise. HPP closed 85 leases spread across 554,021 square feet during its fiscal 2026 first quarter. This was almost half split between new and renewal leases, with one of the largest individual leases a 59,000-square-foot renewal at HPP's Towers at Shore Center in Redwood Shores. GAAP rents on new leases were up 1.8% versus the year-ago level, while cash rents were down 2.4% . Critically, HPP's in-service office portfolio occupancy was up 150 basis points sequentially to 77.8%, while its leased rate grew to 78.4% from 77%. In view of bulls is a continued recovery of HPP's multiple to FFO, with a longer-term view being a reinstatement of the quarterly cash dividend. HPP last paid a quarterly cash dividend of $0.05 per share back in the summer of 2024. I last covered the ticker with a Hold rating in March to highlight demand from AI and tech firms driving positive office dynamics for San Francisco, with HPP up 84% since then. Hudson Pacific Properties Fiscal 2026 First Quarter Supplemental The REIT reported revenue of $181.85 million , down 8.4% year-over-year, and a beat by $9.14 million on consensus estimates. Core funds from operations ("CFFO") came in at $0.25 per share, beating consensus by $0.07 per share but down materially from $0.61 per share in the year-ago quarter. This dip in CFFO reflects lower rental income, with the bull case really built around whether the market has been far too negative on HPP. The REIT is down 94% over the last 5 years, but there's been a more than 100% rally from its recent lows. HPP is now swapping hands at a 12x multiple to its annualized first quarter CFFO. The REIT is guiding for full-year 2026 CFFO of $1.10 to $1.18 per share , placing HPP's multiple to the midpoint of this range at 10.71x. This is a...
Recent euro-dollar price action has validated structural euro-dollar bulls, with the case for diversification strategies beyond the dollar still holding as we look to 2H and 2027. Yet this view is increasingly at risk from an evolving cyclical narrative, with an outperforming US economy and the potential for a hawkish tilt from the Federal Reserve likely to revive cyclical euro-dollar bears into 2...
Recent euro-dollar price action has validated structural euro-dollar bulls, with the case for diversification strategies beyond the dollar still holding as we look to 2H and 2027. Yet this view is increasingly at risk from an evolving cyclical narrative, with an outperforming US economy and the potential for a hawkish tilt from the Federal Reserve likely to revive cyclical euro-dollar bears into 2H. In this episode of FX Moment, Bloomberg Intelligence Chief G10 FX Strategist Audrey Childe-Freema