Investors choosing between ARK Space & Defense Innovation ETF (NYSEMKT:ARKX) and U.S. Global Jets ETF (NYSEMKT:JETS) must weigh a pure-play airline focus against a broader, tech-heavy space-and-defense strategy. Both exchange-traded funds target the broader aerospace theme but through fundamentally different lenses. While the U.S. Global Jets ETF concentrates on the day-to-day operations of commer...
Investors choosing between ARK Space & Defense Innovation ETF (NYSEMKT:ARKX) and U.S. Global Jets ETF (NYSEMKT:JETS) must weigh a pure-play airline focus against a broader, tech-heavy space-and-defense strategy. Both exchange-traded funds target the broader aerospace theme but through fundamentally different lenses. While the U.S. Global Jets ETF concentrates on the day-to-day operations of commercial aviation and global carriers, the ARK Space & Defense Innovation ETF expands its reach to orbital technology, suborbital flights, and defense innovation. Understanding these nuances is essential because the airline industry often responds to consumer travel demand, while space and defense innovation may be driven by government contracts and technological breakthroughs. This comparison explores how these differing exposures influence cost, risk profiles, and portfolio composition for long-term holders seeking to capture growth in the skies and beyond. 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. Dividend yield is the trailing-12-month distribution yield. Continue reading
From HP Spinoff to AI Networking Heavyweight Hewlett Packard Enterprise (NYSE: HPE) was born in November 2015, when the original HP split into a consumer business and the enterprise-focused company we know today. The first several years were a struggle. Management sold off the software business to Micro Focus, handed services to DXC, and tried ... Had You Invested $1,000 in HPE a Decade Ago, Here’...
From HP Spinoff to AI Networking Heavyweight Hewlett Packard Enterprise (NYSE: HPE) was born in November 2015, when the original HP split into a consumer business and the enterprise-focused company we know today. The first several years were a struggle. Management sold off the software business to Micro Focus, handed services to DXC, and tried ... Had You Invested $1,000 in HPE a Decade Ago, Here’s What You’d Have Now
Sundry Photography/iStock Editorial via Getty Images Medtronic ( MDT ) traded higher in the premarket on Wednesday despite providing a slightly underwhelming outlook after the MedTech giant reported better-than-expected results for Q4 fiscal 2026, thanks mainly to its Cardiovascular segment. The Ireland-based firm reported $9.8B in revenue for the quarter, with nearly 10% YoY growth, beating the e...
Sundry Photography/iStock Editorial via Getty Images Medtronic ( MDT ) traded higher in the premarket on Wednesday despite providing a slightly underwhelming outlook after the MedTech giant reported better-than-expected results for Q4 fiscal 2026, thanks mainly to its Cardiovascular segment. The Ireland-based firm reported $9.8B in revenue for the quarter, with nearly 10% YoY growth, beating the estimates by $200M as its Cardiovascular segment added $3.8B with ~14% YoY growth. Medtronic’s ( MDT ) cardiac ablation solutions business was a bright spot, recording 78% YoY growth worldwide, including 124% growth in the U.S., which increased its U.S. market share by 8 points. Concurrently, the company on Wednesday announced investments in two privately held firms focused on developing intracardiac echocardiography catheter (ICE) technologies to support its cardiac ablation business. The ICE technologies developed by those firms will be integrated into its Affera mapping and ablation system, Medtronic ( MDT ) said. Meanwhile, MDT’s Neuroscience and Medical Surgical generated $2.8B and $2.4B for the quarter with ~5% YoY and ~8% YoY growth, respectively, and its Diabetes segment added $837M to the topline with ~15% YoY growth. Medtronic’s ( MDT ) diabetes unit, which made its public debut in March, also reported its Q4 results for FY26 on Wednesday with better-than-expected net sales figures for the quarter despite a $183M net loss, which indicated a ~9% rise. As for earnings, Medtronic ( MDT ) recorded $1.55 of adjusted EPS, exceeding the consensus by $0.01, while its adjusted operating profit margin fell to 25.5% from 27.8% in the prior-year period. For the full year, the company reported $5.53 of adjusted EPS on $36.4B in revenue, indicating ~1% YoY and ~8% YoY growth, respectively. Looking ahead to FY27, Medtronic ( MDT ) projected $5.90 - $6.00 of adjusted EPS compared to $6.06 in consensus, assuming multiple factors such as tariffs and increased M&A, and it estimated 6...
At the 24% federal bracket, a $1 million dividend portfolio generating roughly $45,000 in annual income can hand the IRS between $6,750 and $10,800 every year, depending on how much of that income is qualified versus ordinary. Inside a Roth IRA, that same income lands in your account untouched. This article walks through exactly what ... This Is What a $1 Million Dividend Portfolio Pays After Taxe...
At the 24% federal bracket, a $1 million dividend portfolio generating roughly $45,000 in annual income can hand the IRS between $6,750 and $10,800 every year, depending on how much of that income is qualified versus ordinary. Inside a Roth IRA, that same income lands in your account untouched. This article walks through exactly what ... This Is What a $1 Million Dividend Portfolio Pays After Taxes
AECOM ( ACM ) declares $0.31/share quarterly dividend , in line with previous. Forward yield 1.74% Payable July 17; for shareholders of record July 1; ex-div July 1. The company has now announced a dividend of $0.31 for three consecutive quarters. See ACM Dividend Scorecard, Yield Chart, & Dividend Growth. More on AECOM AECOM (ACM) Q2 2026 Earnings Call Transcript AECOM 2026 Q2 - Results - Earning...
AECOM ( ACM ) declares $0.31/share quarterly dividend , in line with previous. Forward yield 1.74% Payable July 17; for shareholders of record July 1; ex-div July 1. The company has now announced a dividend of $0.31 for three consecutive quarters. See ACM Dividend Scorecard, Yield Chart, & Dividend Growth. More on AECOM AECOM (ACM) Q2 2026 Earnings Call Transcript AECOM 2026 Q2 - Results - Earnings Call Presentation After Two Detrimental Earnings Events, Could AECOM Be Third Time Lucky? Construction stocks seen benefiting from second-half recovery, UBS says Aecom projects 14% adjusted EPS growth at FY 2026 midpoint while scaling AI-linked contract mechanisms
Thor Industries (THO) delivered earnings and revenue surprises of -0.85% and +5.19%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?
Thor Industries (THO) delivered earnings and revenue surprises of -0.85% and +5.19%, respectively, for the quarter ended April 2026. Do the numbers hold clues to what lies ahead for the stock?
SpaceX’s initial public offering will likely make President Donald Trump’s already wealthy administration even richer. Ten officials ranging from special envoy Steve Witkoff to Small Business Administration head Kelly Loeffler reported financial interests in Elon Musk ’s rocket company or in xAI, the artificial intelligence and social media firm it merged with in February, according to their most ...
SpaceX’s initial public offering will likely make President Donald Trump’s already wealthy administration even richer. Ten officials ranging from special envoy Steve Witkoff to Small Business Administration head Kelly Loeffler reported financial interests in Elon Musk ’s rocket company or in xAI, the artificial intelligence and social media firm it merged with in February, according to their most recent public financial disclosures. In total, the federal staffers held SpaceX or xAI stock worth at least $9.9 million and as much as $43.8 million, according to the disclosures, which were made last year and list the value of assets in broad ranges. These officials could have sold all or part of their holdings since then without triggering additional disclosure requirements. SpaceX stands out for the unprecedented size of its planned IPO, and for its close ties to government and members of the administration. The IPO, expected to happen as soon as next week, is set to make Musk the world’s first trillionaire if it achieves its targeted valuation of at least $1.8 trillion . It’s also expected to make billionaires of several company insiders and investors, while minting millions in wealth for employees. SpaceX Seeks $135 a Share for $75 Billion IPO, Reuters Says Musk’s Trillionaire Milestone Is Step Closer With SpaceX Filing Musk’s Lieutenants Set for Billion-Dollar Fortunes on SpaceX IPO Musk Could Earn $760 Billion From SpaceX Mars-Shot Pay Packages The company is a major government contractor, with $4 billion in federal transactions in fiscal 2025. Last month, it was awarded an additional $6.5 billion in two contracts from the US Space Force to provide satellites for communications and monitoring airborne threats. Musk, meanwhile, helped select dozens of people to fill contract-slashing and data-gathering roles throughout the federal government in his time running the Department of Government Efficiency. Many of them were his own employees, from SpaceX or other corners ...
Trump Team Proposes New Tariff Round On 60 Countries Over Forced Labor Practices The U.S. Trade Representative has issued an overnight statement and proposed a new round of tariffs of at least 10% on imports from 60 trading partners , marking the administration's largest attempt yet to rebuild its tariff empire after the Supreme Court struck down earlier levies. The new duties stem from Section 30...
Trump Team Proposes New Tariff Round On 60 Countries Over Forced Labor Practices The U.S. Trade Representative has issued an overnight statement and proposed a new round of tariffs of at least 10% on imports from 60 trading partners , marking the administration's largest attempt yet to rebuild its tariff empire after the Supreme Court struck down earlier levies. The new duties stem from Section 301 of the Trade Act of 1974, which investigates whether trading partners are failing to block products made with forced labor - or slave labor. Those tariffs would apply to Canada, Mexico, the EU, Taiwan, and the UK, while goods from China, India, Japan, South Korea, Brazil, and Switzerland would face a higher 12.5% rate. The USTR explained that the higher rate targets countries that have failed to impose or effectively enforce forced-labor import bans. "The failure of our most important trading partners to address the importation of goods made with forced labor is unacceptable. This creates a dynamic where American workers are forced to compete globally on an unlevel playing field," U.S. Trade Representative Jamieson Greer wrote in a statement. Greer added, "We will no longer tolerate this disparity. Some trading partners have taken initial steps to prevent the importation of forced labor goods, including through the USMCA and commitments in Agreements on Reciprocal Trade. However, each of our trading partners must do more to ensure that trade does not perversely encourage and entrench forced labor globally." The proposed new levies will enter public review in the coming weeks, with hearings scheduled for June 22. Written comments are due by July 6, and public hearings will begin on July 7. Deborah Elms, head of trade policy at the Hinrich Foundation in Singapore, told Bloomberg in response to the development that "trading partners will be understandably upset by this determination." "You've opened a door now for a whole lot of new tariff and non-tariff adjustments," Elms s...
LatAm Airlines is likely to gain ground due to its financial flexibility, which should allow it to navigate elevated jet fuel prices, according to JPMorgan. The bank initiated coverage of the airline with an overweight rating. It also put a $70 price target on shares, suggesting 37% upside from Tuesday's close. "We reiterate our preference for LTM … supported by superior earnings momentum and a li...
LatAm Airlines is likely to gain ground due to its financial flexibility, which should allow it to navigate elevated jet fuel prices, according to JPMorgan. The bank initiated coverage of the airline with an overweight rating. It also put a $70 price target on shares, suggesting 37% upside from Tuesday's close. "We reiterate our preference for LTM … supported by superior earnings momentum and a lighter balance sheet," analyst Guilherme Mendes said Wednesday in a note to clients. LatAm and other airlines could recalculate flight costs as geopolitical developments unfold, enabling operators to weather spikes in jet fuel costs that threaten to shrink its margins, according to JPMorgan. Futures tied to international benchmark Brent crude were last trading around $98.19 per barrel, up 61% in the year to date due in large part to the Iran war. The analyst sees LatAm's EBITDA at $4.268 billion by the end of the year. That's 3% above the Street's consensus, assuming a jet fuel cost of $3.3 per gallon, he said. "On a broader sector level, we believe that the airline space has room to continue to gradually re-rate, depending on geopolitical developments and a potential stabilization of fuel prices," Mendes wrote. JPMorgan's call falls in line with consensus on Wall Street. All seven analysts covering LatAm have a buy or strong buy rating on the stock, LSEG data shows. Shares have fallen nearly 6% year to date, underperforming the overall market.
LightFieldStudios/iStock via Getty Images It's close to two years since the first time I covered Parsons Corporation ( PSN ), so I thought it would be a good time to revisit my initial hold recommendation to see what the company has achieved and give some comments on growth, as well as a quick DCF calculation, which told me that the company is trading at a fair value and that we may be close to th...
LightFieldStudios/iStock via Getty Images It's close to two years since the first time I covered Parsons Corporation ( PSN ), so I thought it would be a good time to revisit my initial hold recommendation to see what the company has achieved and give some comments on growth, as well as a quick DCF calculation, which told me that the company is trading at a fair value and that we may be close to the bottom. In those two years since, the company's share price dropped close to 23%, while the SPY increased over 38%. Briefly on Financials Revenues for the last three years have been on an overall uptrend, with some weakness coming in over the last year, driven by the large confidential contract, which has been affecting the company's top line for the whole year now. Seeking Alpha In the latest quarter available, which is Q1 '26 , revenues came in at around a 4% decline to $1.5B. Down 8% on an organic basis, but excluding the company's confidential contract, total revenue increased 8%. The growth was driven by the Critical Infrastructure and Protection, Space and Missile Defense, and Transportation segments. Looking at the breakdown in revenue in more detail, the Critical Infrastructure Segment increased by around 3% y/y, while the Federal Solutions segment declined around 10% for the quarter, dampening the overall performance considerably. Profitability and efficiency held quite steady over the same period, with only operating margins seeing some weakness in the latest quarter. Seeking Alpha Operating income decreased 12% to $96m, which was primarily due to lower volume on fixed-price confidential contracts and higher acquisition-related expenses. Net income for the period also decreased by 20% due to the same items mentioned. Adjusted EBITDA increased slightly by 1% to $151m, with the margin expansion being 50 bps to 10.1%. On to the company's financial position, PSN finished the quarter with around $283.9m in cash and equivalents, against $1.51B in long-term debt. I don...
A Hong Kong school principal has been fired after he swore at security guards during a student trip to Singapore last month, the institution has announced. The management committee of San Wui Commercial Society Secondary School in Tuen Mun announced on Wednesday the immediate dismissal of principal Lee Cheuk-hing and its refusal to accept his resignation, submitted about a week after the confronta...
A Hong Kong school principal has been fired after he swore at security guards during a student trip to Singapore last month, the institution has announced. The management committee of San Wui Commercial Society Secondary School in Tuen Mun announced on Wednesday the immediate dismissal of principal Lee Cheuk-hing and its refusal to accept his resignation, submitted about a week after the confrontation. The committee received Lee’s resignation letter on May 28, with his requested last day to be...
(RTTNews) - Macy's, Inc. (M) revised its fiscal 2026 guidance, including raising net sales, comparable sales, and adjusted EPS guidance. Adjusted EPS is now expected in a range of $2.00 to $2.20, revised from prior guidance range of $1.90 to $2.10. Net sales are now expected in a
(RTTNews) - Macy's, Inc. (M) revised its fiscal 2026 guidance, including raising net sales, comparable sales, and adjusted EPS guidance. Adjusted EPS is now expected in a range of $2.00 to $2.20, revised from prior guidance range of $1.90 to $2.10. Net sales are now expected in a
IREN ( IREN ) announced that it has signed a transmission connection agreement for a planned 800-megawatt data center campus in Bundey, South Australia, marking the company's first disclosed data center project in Australia. The development is expected to be one of the largest data center projects announced in the Asia-Pacific region to date. Under the agreement , IREN has secured access to four 3...
IREN ( IREN ) announced that it has signed a transmission connection agreement for a planned 800-megawatt data center campus in Bundey, South Australia, marking the company's first disclosed data center project in Australia. The development is expected to be one of the largest data center projects announced in the Asia-Pacific region to date. Under the agreement , IREN has secured access to four 330kV feeder exits at the utility's substation, providing sufficient capacity to support up to 800MW of power without the need for major network upgrades. The company said it plans to begin early-stage development work and equipment procurement while it works through the remaining regulatory approvals and conditions tied to the transmission connection agreement. IREN shares rose +5% premarket to $70.06. More on IREN Limited IREN: Software Capabilities Expand, But Financial Strains Loom Large IREN: The Pricing Power Breadcrumbs Are Starting To Add Up Why IREN Limited Could Outperform Nebius Now IREN closes $3.65B GPU financing facility IREN signs $1.6B deal with Dell to deploy Blackwell systems; ARR seen rising to $4.4B
Vertiv ( VRT ) declares $0.0625/share quarterly dividend , in line with previous. Forward yield 0.07% Payable June 25; for shareholders of record June 15; ex-div June 15. The company has now announced a dividend of $0.0625 for three consecutive quarters. See VRT Dividend Scorecard, Yield Chart, & Dividend Growth. More on Vertiv Vertiv Holdings: Investor Conference Solidifies A Buy Rating Vertiv Ho...
Vertiv ( VRT ) declares $0.0625/share quarterly dividend , in line with previous. Forward yield 0.07% Payable June 25; for shareholders of record June 15; ex-div June 15. The company has now announced a dividend of $0.0625 for three consecutive quarters. See VRT Dividend Scorecard, Yield Chart, & Dividend Growth. More on Vertiv Vertiv Holdings: Investor Conference Solidifies A Buy Rating Vertiv Holdings: The AI Data Center Cooling Leader Still Has Momentum Vertiv's AI Thesis Is Maturing, Not Breaking These 10 large-cap U.S. Industrial stocks trading at expensive valuations Vertiv initiated Buy at Loop Capital as underappreciated data center innovation leader
Daniel Berehulak/Getty Images News KBR ( KBR ) up 2.4% pre-market Wednesday after saying its Mission Technology Solutions business was awarded a 20-year, $8B ceiling Antarctic Science and Engineering Support Contract by the U.S. National Science Foundation. The NSF plays a critical role in national security by funding foundational research in critical technologies and protecting the U.S . research...
Daniel Berehulak/Getty Images News KBR ( KBR ) up 2.4% pre-market Wednesday after saying its Mission Technology Solutions business was awarded a 20-year, $8B ceiling Antarctic Science and Engineering Support Contract by the U.S. National Science Foundation. The NSF plays a critical role in national security by funding foundational research in critical technologies and protecting the U.S . research ecosystem from foreign interference, and its U.S . Antarctic Program operates three year-round stations and numerous research camps in Antarctica. Under the contract terms, KBR ( KBR ) will provide full-scale operations, maintenance, logistics, and science support in Antarctica and aboard ships in the Southern Ocean. " Antarctica is more than ice—it's a living laboratory where the past, present, and future of our planet converge. Renowned for its isolation, Antarctica serves as a hub for innovative scientific discovery," KBR ( KBR ) Readiness and Sustainment president Doug Hill said. More on KBR Inc. KBR Inc. Q1 2026 Earnings Call Transcript KBR Inc. Q1 2026 Earnings Call Presentation KBR: Low Valuation And Healthy Long-Term Drivers Make It A Buy