Robert Way/iStock Editorial via Getty Images Introduction I wanted to revisit and give an update on Nvidia Corporation ( NVDA ) as I dug deeper and discovered that it has become a lot more profitable on a fundamental basis and does not trade at a ridiculous valuation. This is quite a different story from the last time I covered it back exactly two years ago, when I said that the expectations were ...
Robert Way/iStock Editorial via Getty Images Introduction I wanted to revisit and give an update on Nvidia Corporation ( NVDA ) as I dug deeper and discovered that it has become a lot more profitable on a fundamental basis and does not trade at a ridiculous valuation. This is quite a different story from the last time I covered it back exactly two years ago, when I said that the expectations were too high, yet I was proven wrong, and the stock skyrocketed another 86% vs. SPY’s ( SPY ) 26%. My stance on NVDA has changed, given the massive demand for AI data centers, making me break my diversification rule over the last few months. Briefly on Performance Now that the company has released its full-year results, let’s have a look at how the revenues progressed. We can see the explosiveness continued throughout the year, unsurprisingly. The company cannot keep up with the ridiculous amount of demand for its chips due to the AI data center craze and the AI race by the five or six hyperscalers out there that continue to put up the money. Seeking Alpha In the latest report , NVDA’s data center revenues still grew a whopping 67% to $193.5B from last year due to the accelerated demand. Graphics cards grew by over 57% as well, to $22.4B. NVDA continues to impress on the top-line performance, and it seems like it is not slowing down one bit. On the profitability end of things, for the full year, NVDA’s margins did not take a massive hit. Gross margins did decrease around 400bps to 71%, but that is still an amazing result considering the pace at which its top line continues to grow. In Q4, the company’s gross margins actually improved to 75%, allowing the company to expand both at scale and profitability. It’s important to look at the unit economics. You would think that the company “sacrificed” 400bps in margins to get sales, but that’s not the case. NVDA sold far more units at still-premium economics. The prices actually increased aggressively in the last year, and the sales s...
Robert Way/iStock Editorial via Getty Images Introduction I wanted to revisit and give an update on Nvidia Corporation ( NVDA ) as I dug deeper and discovered that it has become a lot more profitable on a fundamental basis and does not trade at a ridiculous valuation. This is quite a different story from the last time I covered it back exactly two years ago, when I said that the expectations were ...
Robert Way/iStock Editorial via Getty Images Introduction I wanted to revisit and give an update on Nvidia Corporation ( NVDA ) as I dug deeper and discovered that it has become a lot more profitable on a fundamental basis and does not trade at a ridiculous valuation. This is quite a different story from the last time I covered it back exactly two years ago, when I said that the expectations were too high, yet I was proven wrong, and the stock skyrocketed another 86% vs. SPY’s ( SPY ) 26%. My stance on NVDA has changed, given the massive demand for AI data centers, making me break my diversification rule over the last few months. Briefly on Performance Now that the company has released its full-year results, let’s have a look at how the revenues progressed. We can see the explosiveness continued throughout the year, unsurprisingly. The company cannot keep up with the ridiculous amount of demand for its chips due to the AI data center craze and the AI race by the five or six hyperscalers out there that continue to put up the money. Seeking Alpha In the latest report , NVDA’s data center revenues still grew a whopping 67% to $193.5B from last year due to the accelerated demand. Graphics cards grew by over 57% as well, to $22.4B. NVDA continues to impress on the top-line performance, and it seems like it is not slowing down one bit. On the profitability end of things, for the full year, NVDA’s margins did not take a massive hit. Gross margins did decrease around 400bps to 71%, but that is still an amazing result considering the pace at which its top line continues to grow. In Q4, the company’s gross margins actually improved to 75%, allowing the company to expand both at scale and profitability. It’s important to look at the unit economics. You would think that the company “sacrificed” 400bps in margins to get sales, but that’s not the case. NVDA sold far more units at still-premium economics. The prices actually increased aggressively in the last year, and the sales s...
Highway Holdings ( HIHO ) received a notice from Nasdaq for failing the $1 minimum bid price requirement. The company has 180 days, until September 14, 2026, to regain compliance by maintaining a $1+ share price for at least 10 consecutive days. Highway Holdings may qualify for an additional 180-day extension if it meets other listing requirements. Failure to regain compliance could lead to delist...
Highway Holdings ( HIHO ) received a notice from Nasdaq for failing the $1 minimum bid price requirement. The company has 180 days, until September 14, 2026, to regain compliance by maintaining a $1+ share price for at least 10 consecutive days. Highway Holdings may qualify for an additional 180-day extension if it meets other listing requirements. Failure to regain compliance could lead to delisting, though the company would have the right to appeal. Management may consider actions such as a reverse stock split to restore compliance. More on Highway Holdings Most and least shorted industrial stocks with up to $2B market cap Financial information for Highway Holdings
J Studios/DigitalVision via Getty Images I previously covered Opendoor Technologies ( OPEN ) in January 2026, discussing my reiterated Hold rating then, despite the reasonable valuations, the new management team's ability to deliver a healthier balance sheet, the promising restructuring efforts, and the tailwinds from the potentially elevated home buying activities in 2026. In this article, I shal...
J Studios/DigitalVision via Getty Images I previously covered Opendoor Technologies ( OPEN ) in January 2026, discussing my reiterated Hold rating then, despite the reasonable valuations, the new management team's ability to deliver a healthier balance sheet, the promising restructuring efforts, and the tailwinds from the potentially elevated home buying activities in 2026. In this article, I shall discuss why I am reiterating my Hold rating for the OPEN stock here, given the potential volatility from the prior meme-like exuberance in mid-2025, the elevated short interest ratio of 13.81% at the time of writing, and the ongoing shareholder equity erosion of +21.4% YoY in FQ4 2025. This is worsened by their operations' sensitivity to the challenging macroeconomic environment/likely to be higher borrowing costs and the consequently likely to be prolonged transition to growth and/or break even/profitable operations. OPEN Recovery Prospects Meet Challenging Macroeconomic Environment OPEN 1Y Stock Price (Trading View) OPEN has lost another -17% of its value against the wider market at -4%, with it naturally lending credibility to my prior caution and Hold rating, with a similar underperformance also observed in its real estate peers in varying degrees. Part of the pessimism is warranted in my opinion, since the Fed rate cuts are potentially off the table in 2026, given: the emergence of the K-shaped economy , as the Gini coefficient (a key measure of wealth concentration) rises notably to 60-year highs at 42x by 2025, with the spending divergence between the higher income and the lower income consumers likely to further widen, along with the seemingly hotter inflationary pressure , with March 2026 potentially bringing forth higher numbers attributed to the higher oil prices from the ongoing Iran conflict, with it perhaps explaining why the 30Y Fixed Rate Mortgage Average in the US remains elevated at 6.22% as of March 19, 2026 , and the 15Y rate at 5.54% , up from the 201...
Britain’s decision to block a £1.5 billion (US$2 billion) plan by Chinese clean energy giant Mingyang to build the UK’s largest wind turbine factory in Scotland highlights the mounting challenges of doing business with China in an era of deepening global mistrust, analysts said. The move was likely the result of direct pressure from Washington, a source familiar with the matter said on Thursday. T...
Britain’s decision to block a £1.5 billion (US$2 billion) plan by Chinese clean energy giant Mingyang to build the UK’s largest wind turbine factory in Scotland highlights the mounting challenges of doing business with China in an era of deepening global mistrust, analysts said. The move was likely the result of direct pressure from Washington, a source familiar with the matter said on Thursday. The US-Israeli war in Iran and the subsequent energy crisis had raised hopes for the project to be...
Today we're going to talk about a closed-end fund (CEF) that not only helps us protect our portfolio as this market wobbles--it gives our income stream a boost, too.
Today we're going to talk about a closed-end fund (CEF) that not only helps us protect our portfolio as this market wobbles--it gives our income stream a boost, too.
Brett_Hondow/iStock Editorial via Getty Images The Energy sector is the lone positive S&P 500 ( SP500 ) niche so far this month. Rising oil prices amid the war in Iran have kept WTI ( CL1:COM ) near $90 and Brent ( CO1:COM ) above $100 much of the time. That’s bad news for consumers, but great news for oil drillers and energy service names. One of them is Halliburton Company ( HAL ). I had a Buy r...
Brett_Hondow/iStock Editorial via Getty Images The Energy sector is the lone positive S&P 500 ( SP500 ) niche so far this month. Rising oil prices amid the war in Iran have kept WTI ( CL1:COM ) near $90 and Brent ( CO1:COM ) above $100 much of the time. That’s bad news for consumers, but great news for oil drillers and energy service names. One of them is Halliburton Company ( HAL ). I had a Buy rating on HAL in January of 2025 . Shares are up 39% since then, outperforming the S&P 500 by about 30 percentage points. Today, I continue liking what I see both fundamentally and technically. I am sticking with a Buy rating, but am lowering my price target and offering a fresh look at the chart. HAL +54% YoY, Outperforming U.S. & ex-U.S. Stocks Stockcharts.com Back in January, HAL reported a solid set of quarterly results. Q4 non-GAAP EPS of $0.69 topped the Wall Street consensus expectation of $0.55, while revenue of $5.7 billion, up 1% from the same period last year, was a material $250 million beat. Its North American net sales fell, but double-digit revenue gains from Europe & Africa helped the stock the following session. Indeed, HAL lifted 4.1% the next day, marking the third consecutive post-earnings pop. Looking ahead to the April 21 Q1 report , the options market prices in a somewhat high 5.2% earnings-related stock price swing based on the at-the-money straddle expiring soonest after the report. The next ex-dividend date is slated for June 4, while short interest on the now $32 billion market cap Energy sector stock is notable at 4.8%. HAL yields 1.76% on a forward basis. Looking back on the quarter that was, HAL delivered robust Q4 performance that beat estimates, driven primarily by healthy revenue and margins in its Completion and Production segment, better-than-feared seasonal fall-offs in North America , and high-margin completion tool sales in international markets. Over the October to December period, free cash flow of $875 million ($828 million ex asset s...
da-kuk/E+ via Getty Images By Michiel Tukker , Senior UK & Eurozone Rates Strategist and Benjamin Schroeder , Senior Rates Strategist Central banks balancing the market as tensions linger Markets are appreciating US efforts to seek a deal, but without concrete steps, the overarching narrative of two to three ECB rate hikes this year remains unchanged. Even for April, market pricing still points to...
da-kuk/E+ via Getty Images By Michiel Tukker , Senior UK & Eurozone Rates Strategist and Benjamin Schroeder , Senior Rates Strategist Central banks balancing the market as tensions linger Markets are appreciating US efforts to seek a deal, but without concrete steps, the overarching narrative of two to three ECB rate hikes this year remains unchanged. Even for April, market pricing still points to a 60% probability of a hike. The key variable to watch remains the oil price, and that hasn’t really moved much since the start of this week. Headlines do bring some movement, but investors are reluctant to trade on every rumour related to a deal. And with Iran clearly feeling confident, the situation is still fragile and can easily escalate again. Still, market pricing, especially for April, appears aggressive against the backdrop of President Christine Lagarde suggesting on Wednesday morning that the ECB would not act until it had enough information and could look through a short price shock, underscoring the differences from the 2022 situation. Of course, being still in the middle of the turmoil, one can only speculate about the duration of the disruption. A more forceful reaction by the ECB could still follow to nip any price spiral in the bud. This is what the market is pricing – and it gels with the relative stability of longer-dated (forward) inflation swaps. But the market is also looking for a partial reversal as indicated by the hump, e.g., in the Euribor futures strip. At this stage, the ECB is engaged in a balancing act of managing market expectations and the curve. If it sounds too dovish, the risk is that the long end runs away as inflation expectations become unmoored. If it sounds too hawkish, growth concerns take over. At some point, even meeting market expectations might be required to keep the balance – and buy time. The strong decline in longer-dated gilt yields might provide an omen for EUR and USD curves. Increased worries about the UK growth outlook ...
Relatively light at just 2 billion parameters, the model is meant for use with consumer-grade GPUs for those who want to self-host it. It currently supports 14 languages.
Relatively light at just 2 billion parameters, the model is meant for use with consumer-grade GPUs for those who want to self-host it. It currently supports 14 languages.
According to the Conference Board, U.S. consumer confidence is declining sharply. In January, it hit the lowest level seen since 2014 as people grapple with years of above-average inflation, tariffs , and a weak labor market. But despite these challenges, demand for cruise vacations remains robust, and Royal Caribbean (NYSE: RCL) is enjoying record-breaking results. Let's dig deeper to determine i...
According to the Conference Board, U.S. consumer confidence is declining sharply. In January, it hit the lowest level seen since 2014 as people grapple with years of above-average inflation, tariffs , and a weak labor market. But despite these challenges, demand for cruise vacations remains robust, and Royal Caribbean (NYSE: RCL) is enjoying record-breaking results. Let's dig deeper to determine if the cruise company can maintain its bull run. Royal Caribbean is the second-largest cruise ship operator in the world (behind Carnival ) with a market share of almost 28% as of the end of 2025. While both companies' business models involve transporting customers from home ports to exotic destinations, Royal Caribbean sets itself apart by focusing on more premium experiences. Continue reading
Mako Mining ( MAKOF ) announced approval to list its common shares on Nasdaq. Trading on Nasdaq is expected to begin on March 30, 2026. The company’s shares will be delisted from the OTCQX Best Market upon Nasdaq listing. More on Mako Mining Corp. Mako Mining: Getting A Nevada Gold Mine For Free Mako Mining reports Q4 2025 gold sales worth $50M Financial information for Mako Mining Corp.
Mako Mining ( MAKOF ) announced approval to list its common shares on Nasdaq. Trading on Nasdaq is expected to begin on March 30, 2026. The company’s shares will be delisted from the OTCQX Best Market upon Nasdaq listing. More on Mako Mining Corp. Mako Mining: Getting A Nevada Gold Mine For Free Mako Mining reports Q4 2025 gold sales worth $50M Financial information for Mako Mining Corp.
Schwab Emerging Markets Equity ETF (NYSEMKT:SCHE) offers broader diversification and lower cost, while iShares MSCI Emerging Markets ETF (NYSEMKT:EEM) trades with higher volatility, a tech-heavy portfolio, and a much higher fee. Both SCHE and EEM provide exposure to emerging market equities, but they differ in cost, sector weightings, and risk profile. This comparison looks at their expenses, perf...
Schwab Emerging Markets Equity ETF (NYSEMKT:SCHE) offers broader diversification and lower cost, while iShares MSCI Emerging Markets ETF (NYSEMKT:EEM) trades with higher volatility, a tech-heavy portfolio, and a much higher fee. Both SCHE and EEM provide exposure to emerging market equities, but they differ in cost, sector weightings, and risk profile. This comparison looks at their expenses, performance, portfolio makeup, and trading characteristics to help investors decide which may better fit their approach to global diversification. Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Continue reading