Alistair Berg/DigitalVision via Getty Images GAAP earnings, despite popular opinion, don’t accurately measure profits. Companies can, and do, manipulate GAAP earnings through accounting rule loopholes. To find a “better” metric, investors turn to non-GAAP, whisper numbers, or Street Earnings* to get additional insight into a company’s true fundamentals. But, those numbers are, in fact, also proven to be misleading. The Real Solution Rather than rely on flawed GAAP or Street Earnings, we use FinSights, our AI agent built by Google Cloud, to find companies most likely to beat Street earnings. Like all of our research, FinSights is fueled by the proprietary data from our Robo-Analyst AI, which analyzes the footnotes of financial filings to calculate Core Earnings, a proven superior measure of earnings. In this report, we’ll show: The frequency and magnitude of understated GAAP Earnings in the S&P 500, Street Earnings are flawed and misleading, How Core Earnings generate novel alpha, and The five S&P 500 companies most likely to beat Street estimates next quarter. GAAP Earnings Understate Core Earnings for Nearly Two-Thirds of the S&P 500 In the trailing-twelve-months (TTM) as of 3/24/26, 64% of the companies in the S&P 500 reported GAAP Earnings that are lower than Core Earnings. These 322 companies with understated GAAP Earnings make up 47% of the market cap of the S&P 500 as of March 24, 2026. The median amount that GAAP Earnings understate Core Earnings is 11%, per Figure 1. Figure 1: Median S&P 500 GAAP Earnings Understated by 11% Image created by author with data from company flings S&P 500 Companies Most Likely to Beat Calendar 1Q26 Earnings Figure 2 shows the S&P 500 companies with an Attractive or Very Attractive Stock Rating and Beat or Strong Beat Street Earnings Distortion Score that are likely to beat calendar 1Q26 earnings because their Street EPS estimates are too low. Stocks in Figure 2 are ranked by Street Earnings Distortion Capture, which is the diffe...

spawns/iStock via Getty Images We have covered the precious metals sector recently, focusing on speculative appetites , conspiracy theories and structural surpluses . We have even played on a few mining companies from the long side. While there is money to be made here, it has to be done with prudence. Investors basking in the recent bull market might have forgotten just how traumatic this sector can be for the long-run. For example the Gold BUGS index delivered negative returns between 2011 and 2025. It took the recent parabolic move to breach 2011 price levels. Data by YCharts Similarly, some of the very longstanding gold companies have radically underperformed gold, since the beginning of record keeping. Data by YCharts With that said, we are going to dive into an unusual setup. The unusual aspect is that it offers a rather high leverage on gold price and functions as a long dated option. Kinross Gold ( KGC ) ( K:CA ) Kinross has a diversified base of operations producing close to 2 million ounces of gold in North America, South America and Africa. KGC Presentation Like most other gold miners, Kinross is minting cash at today's metal prices. KGC Presentation The unsual aspect about the strength of gold prices has been that this is the first time that the gold miners have got such strong balance sheets. Kinross had a net cash position of over a billion dollars at the end of 2025 and today it is definitely higher than that. KGC Presentation Kinross is of course the protagonist of our story, but only indirectly. If anyone wants a true and complete picture of the company, you have to read the only gold analyst who knows what the sector is about. You can do that here. We will move on to the main focus of our story. Kinross Gold Corporation RT EXP 022432- CVRs ( KGCRF ) About 4 years back, Kinross completed the acquisition of Great Bear Resources Ltd. To satisfy the FOMO crowd, they had to throw in a little deal sweetener alongside the regular premium. This sweetener c...

Broadcom Jumps, Meta Deal Signals Multi-Gigawatt AI Buildout - Broadcom (NASDAQ:AVGO) Benzinga

The steep decline "is likely to reach a critical level without intervention", a report warns.

AST, Rivian, and QuantumScape are speculative plays with monster growth potential.

Key PointsAST SpaceMobile’s satellite constellation is expanding.

Earnings Call Insights: First Horizon Corporation (FHN) Q1 2026 Management View “We started 2026 with strong momentum,” said “we delivered our third straight quarter of 15% or greater adjusted ROTCE in line with our expectations, fueled by strong C&I client growth and relationship-focused client activity across our markets” (Chairman, President & CEO D. Jordan). Management emphasized relationship banking execution and competitive discipline, with CEO Jordan saying, “We’re not playing solitaire. Competition is active, but our associates are protecting our base and winning with exceptional service and value,” and adding, “We expect that discipline, along with healthy C&I demand and the strength of our markets to drive revenue growth as the year progresses” (Chairman, President & CEO Jordan). The quarter’s profitability and balance-sheet strategy were framed by CFO Hope Dmuchowski: “We started 2026 with great momentum, including earnings per share of $0.53,” alongside “net interest income 6% year-over-year,” and “a return on average assets of 1.30%” (Senior EVP & CFO Hope Dmuchowski). Outlook Management said it “continue[s] to maintain our full year outlook,” and reiterated a revenue framework, with an analyst referencing “the 3% to 7% revenue guide,” as CFO Dmuchowski described outcomes driven by mix across fee income and net interest income rather than a single path (Senior EVP & CFO Dmuchowski). CFO Dmuchowski described deposit-cost dynamics as seasonal and rate-path dependent: “I do think that deposit costs will slightly trend up in Q2 and Q3 if we don’t see a rate cut,” and added that Q2 typically brings “more new-to-bank acquisitions,” noting, “that is in our guidance” (Senior EVP & CFO Dmuchowski). CEO Jordan outlined flexibility around capital levels, stating, “we’re comfortable with the 10.5%,” while also saying, “we have a bias where we believe that we can operate the organization on a lower CET1 ratio… And over time, we will get there” (Chairman, President &...

As the country’s biggest housebuilder cuts land buying and the Iran war pushes up costs, setting an ambitious figure appears even more foolish This is what the government didn’t want to hear when its target to build 1.5m new homes in England during this parliament already looked out of reach. The country’s biggest housebuilder is trimming its purchases of new land because the Iran war has created “a less certain backdrop”. Barratt Redrow’s “disciplined approach” isn’t a downing of tools, it should be said. The company had previously expected to buy between 10,000 and 12,000 plots; now it will acquire between 7,000 and 9,000. In money terms, it equates to about £100m less from a £800m-£900m budget. It is a scaling-back, as opposed to the outright halt to buying new land that London-focused Berkeley Group announced a couple of weeks ago . Continue reading...

LPETTET Brunswick Corporation ( BC ) issued an update on its tariff situation on Wednesday. The Illinois-based company said the recent amendments to Section 232 tariffs on U.S. imports of steel, aluminum, and copper are anticipated to have a de-minimis impact on Brunswick's ( BC ) consolidated financial results. It was noted that Brunswick's (CS) diversified manufacturing footprint is a factor. Looking ahead, Brunswick ( BC ) said it will provide additional information on its first-quarter earnings call on April 30. Shares of Brunswick ( BC ) were down 2.2% in early afternoon action. The marine recreation stock is up more than 75% over the last 52 weeks. More on Brunswick Brunswick Corporation (BC) Presents at 47th Annual Raymond James Institutional Investor Conference - Slideshow Brunswick Corporation (BC) Presents at 47th Annual Raymond James Institutional Investor Conference Transcript Brunswick: Economic Woes Justify Caution (Downgrade) Jefferies likes these consumer stocks if the Iran conflict is resolved Brunswick is upgraded by Texas Capital due to 'attractive' valuation

据知情人士透露，美国商品期货交易委员会（CFTC）正在调查石油期货市场中一系列时机异常精准的交易，这些交易发生在该国总统特朗普发布与伊朗战争相关的重大政策转向之前。 作为美国顶级衍生品监管机构，CFTC正牵头芝加哥商业交易所（CME）集团、洲际交易所（ICE）调查大宗公告发布前成交量激增的具体案例，并已要求交易所提供相关数据，包括交易主体背后的所谓Tag 50身份识别信息。 此次调查源于外界对可能滥用与特朗普伊朗战争立场转变相关的实质性非公开信息的担忧，且受到了两名民主党参议员的推动。（彭博）

The much-travelled politician, who has also been a member of Ukip, will stand for election to Thurrock council At first he was a Tory councillor, before switching to Labour. Then came a stint in Ukip, followed by a return to the Conservatives that ended in ignominy amid a row over trees. And now, the much-travelled Richard Bingley is representing Reform. If Bingley is elected to Thurrock council in Essex on 7 May, it will represent something of a resurrection for the man with a case for being Britain’s most ideologically free-ranging politician, coming three years after he quit as leader of another council – Plymouth. Continue reading...

The top US derivatives regulator is investigating a series of suspiciously well-timed trades in the oil futures market ahead of recent policy pivots by President Donald Trump related to the war in Iran, according to people familiar with the matter. The Commodity Futures Trading Commission is leading the probe into trading of oil futures contracts on platforms belonging to CME Group Inc. and Intercontinental Exchange Inc. , said the people, who asked not to be identified as the information is private. Both exchanges were asked to hand over data, the people said. The CFTC is looking into at least two instances over a period of about two weeks where trading volumes surged shortly before major announcements, the people said. Data requested from the exchanges include the so-called Tag 50 identifications of the entities behind the trades, the people said. The CFTC, ICE and CME declined to comment on the investigation. The White House didn’t immediately respond to a request for comment. Instances of unusually large trading volumes in the past few weeks have raised concerns about potential misuse of material non-public information tied to Trump’s shifting stance on the war in Iran. Historic disruption to Middle Eastern oil flows sent oil soaring at the start of the conflict. Prices have whipsawed in subsequent weeks on speculation over when tanker traffic might resume through the Strait of Hormuz. As scrutiny of the well-time trades has intensified, two Democratic senators have urged the CFTC to examine potential irregularities. The White House circulated an internal memo last month cautioning staff against trading on sensitive information in financial markets and rapidly expanding event-based betting platforms. On March 23, oil and stocks futures worth billions of dollars were traded 15 minutes before Trump said previously threatened strikes on Iranian energy infrastructure would be delayed. The president’s comments in a Truth Social post sent crude prices plummeting and e...

Nvidia just gave Rigetti Computing shareholders some good news. Does that mean it's time to buy the quantum stock?

Key PointsRigetti stock is surging today thanks to news that Nvidia is launching new models to support quantum development.

Analysts are looking for how much content Netflix’s subscribers are actually watching — but a recent price hike and the streamer’s growing ad business are expected to help profitability.

FEATURE Tesla stock is suddenly on fire. The reasons aren’t clear. CEO Elon Musk is the best explanation for the jump. Shares of the electric vehicle maker were up 7.4% in midday trading at $391.20, while the was up 0.

Source: Bloomberg, 0:00

Investing.com -- Tesla (NASDAQ:TSLA) shares rose as much as 8% on Wednesday after Chief Executive Elon Musk announced the company’s chip design team completed the "tape out" of its AI5 chip.

Getty Images Bitmine Immersion Technologies, Inc. ( BMNR ) is full speed ahead developing a business beyond holding crypto assets, yet the stock trades at yearly lows. The Ethereum treasury will naturally trade mostly based on the underlying crypto prices, but the company actually has an unfolding business model. My investment thesis is ultra Bullish on the stock and the upside potential of ETH. Source: Finviz Staking Windfall Beyond a crypto treasury concept, Bitmine Immersion has been pushing towards a legitimate company building out the Ethereum ecosystem. At the end of March, Bitmine Immersion announced the launch of the MAVAN (Made in America VAlidator Network) platform to offer institutions access to the largest Ethereum staking platform in the world. The company listed the following assets in the market update on April 13: Ethereum ( ETH-USD ) - 4,874,858 tokens. Bitcoin ( BTC-USD ) - 198 tokens. Eightco ( ORBS ) - 13.7 million units. Beast Industries - $200 million. Cash - $719 million. Bitmine Immersion had total holdings of ~$11.8 billion with ETH at $2,206. ETH is trading up another $100+ to $2,338, now pushing the total holdings towards ~$12.4 billion, while the listed market cap is only $10.0 billion, though the company does equity raises not always captured by listed market caps. Most crypto treasuries were built to benefit from the gains in the value of the underlying crypto assets; in this case, the focus is Ethereum. Chairman Tom Lee has also directed the company to make other investments, like the Mr. Beast deal. The key here is that Bitmine Immersion expects to start generating over $300 million in annual revenues from ETH staking rewards based on a 2.8% yield. The company owns a 4% position in ETH and currently has 3.3 million ETH staked, or 69% of total holdings, to start the week. Source: Bitmine Immersion presentation Staking rewards occur due to an entity locking up a cryptocurrency in a blockchain network or staking platform to support netwo...

Partnership highlights growing demand for large-scale AI computing infrastructure

Mario Tama/Getty Images News Netflix ( NFLX ) is set to report first-quarter results on Thursday, April 16, after market close, with expectations pointing to steady revenue growth but a more cautious earnings outlook. Wall Street expects EPS of $0.77 on revenue of $12.17B, representing growth of 15.5% year over year. While the top line remains solid, estimate revisions suggest some pressure on profitability. Over the past three months, EPS estimates have seen 15 downward revisions and no upward changes, indicating weakening sentiment around margins. Revenue estimates have been more mixed, with 9 upward and 10 downward revisions. Investors will be watching whether Netflix ( NFLX ) highlights content spending and advertising growth as key drivers when it reports earnings, its first results since the failed bid for Warner Bros. Discovery. The stock slid from early December through late February amid deal-related uncertainty, before staging a notable rebound as investor sentiment improved. Seeking Alpha “The WBD saga is over, and NFLX investors are grateful for it. The focus should now be on whether the streaming giant can maintain its throne on its own, via advertising and live sports,” said SA analyst Vinay Utham. “Ad revenue growth and live sports expansion are the primary catalysts; management's $3B FY26 ad revenue target and potential upward revisions are key investor focuses,” Utham added. YR Research, meanwhile, said “Q1 earnings likely present positive catalysts, with margin improvement and guidance upgrades expected post-Warner Bros. acquisition noise.” More on Netflix Wall Street Lunch: Netflix Draws Bullish Backing As Ad Revenue Seen Doubling To $3B Wall Street Brunch: Earnings Arrive Amid Hormuz Standoff Netflix Q1 Earnings Preview: With The WBD Saga Over, Focus Shifts To Advertising And Live Sports Mar Vista U.S. Quality Premier adds Ecolab, GE Vernova, QXO, exits Salesforce, SAP Oakmark Fund (Investor Class) adds ADBE, NFLX; exits DE, APA among Q1 moves

Yao Yuping Yao Yuping, a former vice president of the Shenzhen branch of Industrial and Commercial Bank of China Ltd. (ICBC), is under investigation for suspected serious disciplinary and legal violations. The probe into the retired banker, who oversaw corporate finance at the state-owned lender’s Shenzhen branch for about a decade, comes amid an antigraft sweep in southern China’s Guangdong province that appears linked to troubled financing involving a major supplier to the fallen developer China Evergrande Group.

These energy companies produce predictable cash flow and have visible growth coming down the pipeline.

Key PointsAbout 98% of Enbridge's earnings come from stable sources.

Watch: Vance Pledges Probe Into Epstein 'Pizza' And 'Grape Soda' References Authored by Steve Watson via Modernity.news, Vice President JD Vance has publicly committed to investigating references in the Jeffrey Epstein files that he says evoked the Pizzagate conspiracy theory, citing emails mentioning “pizzas or grape sodas” in odd contexts. His remarks come as Acting Attorney General Todd Blanche doubled down on the Department of Justice’s position that every relevant document has already been released, leaving critics to question whether the full truth about Epstein’s network will ever see daylight. In remarks at a Turning Point USA event, Vance described reviewing the files and encountering an email that stood out. JD Vance says he is in the process of opening an investigation into the "Pizzagate conspiracy theory" after he read strange words involving pizza and grape soda in the Epstein files. Vance has now publicly pledged to follow up on this matter. "I remember it sounding like the… pic.twitter.com/eu122DyAhw — Shadow of Ezra (@ShadowofEzra) April 14, 2026 “One person sent an e-mail to Jeffrey Epstein saying oh they were some really nice like pizzas or grape sodas or something like that,” he recalled. “And I remember it sounding like the Pizzagate conspiracy theory.” His reaction was direct: “We should absolutely investigate.” Vance added that he plans to follow up “to see whether we’ve investigated that person because we should. We absolutely should when you see evidence of sexual assault sexual misconduct regardless of who the powerful not fact.” The comments have reignited scrutiny over language in the Epstein files that some have long argued resembles coded references first highlighted in 2016. Those earlier claims, known as Pizzagate, originated from WikiLeaks releases of John Podesta’s emails that contained repeated, seemingly out-of-context mentions of pizza alongside other odd terms. Recent Epstein document dumps have revived the debate, with analysts...

PSTL targets $21 in 6-12 months as it leans on high occupancy and acquisitions, but dilution and a heavy 2027 renewal wave loom.

Anna Moneymaker/Getty Images News Listen below or on the go on Apple Podcasts and Spotify President threatens to fire Fed chief if he doesn’t leave ‘on time.’ (0:15) Bank of America and Morgan Stanley beat earnings on trading strength. (1:43) Starbucks launches ChatGPT-powered AI tool to find the right drink. (2:26) This is an abridged transcript of the podcast: Our top story so far, President Donald Trump said he would move to fire Federal Reserve Chair Jerome Powell if he does not step down from the Board of Governors “on time,” escalating tensions with the central bank. Trump also said he does not plan to drop a Department of Justice probe into Powell and reiterated the need to investigate the Federal Reserve’s building project. “We have to find out what happened,” he told Fox Business, adding that he hopes Kevin Warsh will be confirmed as the next Fed chair. The comments follow Powell’s March statement that he does not intend to leave his position on the Board until the investigation concludes. Under the Federal Reserve Act, a president may remove a governor “for cause,” though that standard is not clearly defined. The rhetoric comes as U.S. prosecutors made a surprise visit to the Fed’s Washington headquarters Tuesday. Three DOJ officials sought access to the construction site but were denied entry due to safety and clearance protocols, Bloomberg reported. Outside counsel Robert Hur objected in a letter, arguing prosecutors were attempting to bypass established legal channels. The Justice Department has defended its review. Also in Washington, the administration is set to begin accepting tariff refund claims starting April 20 , returning billions collected under levies later ruled unlawful by the Supreme Court. Judge Richard Eaton of the U.S. Court of International Trade said the government remains on track to begin processing certain claims with interest next week. The initial phase is expected to cover roughly $127B of the ~$166B in tariffs invalidated by the...