Juan Arnoldo Benitez Romero/iStock Editorial via Getty Images Just like me when I visited Cancun for the first time (almost ten years ago, how time flies!), BBB Foods ( TBBB ) is having its first hangover in at least a year. And, unlike one or two tequilas—yes, I'm weak with alcohol—the problem here was the valuation. Seeking Alpha I already told you in my last article on this hard-discounter that...
Juan Arnoldo Benitez Romero/iStock Editorial via Getty Images Just like me when I visited Cancun for the first time (almost ten years ago, how time flies!), BBB Foods ( TBBB ) is having its first hangover in at least a year. And, unlike one or two tequilas—yes, I'm weak with alcohol—the problem here was the valuation. Seeking Alpha I already told you in my last article on this hard-discounter that maybe they had gone too far. I argued with Wall St. (which maintained its 'Buy' rating) and said that the stock offered little or almost no upside near $35. Time passed, and it seems that this has aged well. BBB Foods did go above ~$35, but soon returned to trading within the fairly valued range and has been there for some time. But you know how hangovers are, don't you? They can last a few hours or ruin your whole day. And, in the case of Tiendas 3B, a pullback might even be healthy for long-term holders to add shares here and there. The problem is trying to answer whether ~20x EBITDA is enough to pay for this gem. It continues to grow, and very quickly. But if you pay for perfection, reality may eventually come knocking. In my last article about Betterware ( BWMX ), I told you that things aren't 'muy buenas' on the other side of the border. Blame the CJNG, inflation, or low confidence (both consumer and business). Everything seems to point to folks not opening their wallets much, at least in the first half of the year. Consumer confidence (INEGI, Author) This is terrible for discretionary items, by the way. What many forget is that Tiendas 3B is a hard-discounter, and if there's a time to gain market share, that time seems to be now. Why a ‘Bad’ Macro Isn’t So Bad for Tiendas 3B Mexican consumers are making the classic trade-down when expectations are low. It's basically the same thing you and I do when we can't spend as much on groceries—we visit hard-discounters (Aldi, Lidl if you live in the U.S., or No Frills if you live in Canada). If you read my articles on other g...
Key Points Micron crushed on earnings last night. Sales and profits are both rising at triple digit rates -- and will keep on rising in Q3. 10 stocks we like better than Micron Technology › Micron (NASDAQ: MU) reported a powerful earnings beat last night, earning $12.20 per share on $23.9 billion in fiscal Q2 2026 revenue, where Wall Street expected only $8.79 per share and $19.2 billion in sales....
Key Points Micron crushed on earnings last night. Sales and profits are both rising at triple digit rates -- and will keep on rising in Q3. 10 stocks we like better than Micron Technology › Micron (NASDAQ: MU) reported a powerful earnings beat last night, earning $12.20 per share on $23.9 billion in fiscal Q2 2026 revenue, where Wall Street expected only $8.79 per share and $19.2 billion in sales. The stock promptly crashed. As of 9:50 a.m. ET, Micron stock is down 5.8%. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Wait. What? Yes, you read that right. Micron came close to tripling its sales year over year (fiscal Q2 2025 sales were only $8 billion). Non-GAAP earnings soared 682% to $12.20, and GAAP standard earnings did even better, rising 756% to $12.07 per share. CEO Sanjay Mehrotra said, "Micron set new records across revenue, gross margin, EPS, and free cash flow in fiscal Q2," confirming demand for computer memory products remains strong, and supply tight. He promised to set even more "significant" records in Q3 -- and in demonstration of this confidence, Micron raised its dividend by 30%. Investors sold off Micron stock anyway. Micron firing on all cylinders Micron gave guidance for $33.5 billion in revenue this coming quarter (plus or minus $750 million). That's 260% more revenue than the company collected in fiscal Q3 2025, and nearly 50% more than Wall Street analysts are forecasting. The company said quarterly GAAP earnings should be $18.90 per share, plus or minus $0.40, well ahead of the $10.57 non-GAAP forecast. At this rate, Micron is going to blow past analyst forecasts of $36.67 per share in profit this year, with growth well into the triple digits. And yet, investors are valuing the stock at just 12.2 times trailing earnings. Granted, Micron says it will need to expand capex. ...
artas/iStock via Getty Images Where Execution Meets Valuation Axon Enterprise ( AXON ) grew revenue 33% in 2025, delivered eight consecutive quarters of 30%+ top-line growth, and exited the year with $14.4B in future contracted bookings. By almost any operational measure, this is one of the best-executing companies in the public markets. The stock, however, has fallen ~43% from its August 2025 all...
artas/iStock via Getty Images Where Execution Meets Valuation Axon Enterprise ( AXON ) grew revenue 33% in 2025, delivered eight consecutive quarters of 30%+ top-line growth, and exited the year with $14.4B in future contracted bookings. By almost any operational measure, this is one of the best-executing companies in the public markets. The stock, however, has fallen ~43% from its August 2025 all-time high of ~$886 to roughly $506 today, and investors are wondering whether that correction has finally created an entry point. I think the answer is not yet. The operational story is compelling, and I believe the business itself has a genuinely durable competitive position in public safety technology. The problem is the math at the current price. At ~$506, AXON trades at roughly 74x 2026 consensus non-GAAP EPS of $6.85. That multiple prices in near-perfect execution of management’s $6B 2028 revenue target and continued margin expansion, while leaving almost no room for disappointment. The valuation grade from Seeking Alpha’s quant system is a D, with nearly every metric rated F relative to sector medians. Along with these grades comes a hold rating by Seeking Alpha’s quant model, that only just recently went from sell to hold following AXON’s Q4 earnings. Seeking Alpha What makes the valuation particularly difficult to justify at current levels is the stock-based compensation picture. AXON recorded $610M in SBC in 2025, representing ~22% of revenue. That expense is the primary reason GAAP net income fell from $377M to $125M despite revenue growing by $697M. Adjusted EBITDA of $710M and non-GAAP EPS of $6.85 strip out this cost entirely, and I believe investors should be cautious about building a valuation case on metrics which exclude an expense of this magnitude. Based on my analysis, I rate AXON a Hold with a fair value range of $450 to $550, reflecting roughly 58x to 80x forward non-GAAP earnings. The business deserves a premium multiple for its growth profile, compe...
Blaine, Minnesota. New homes starting at a half million dollars in Lexington Waters are high efficiency homes and are HOA Maintained. Michael Siluk | UCG | Universal Images Group | Getty Images Sales of newly built homes in January dropped 17.6% month over month to a seasonally adjusted, annualized pace of 587,000 units, according to the U.S. Census Bureau. That is the slowest pace since 2022. Hou...
Blaine, Minnesota. New homes starting at a half million dollars in Lexington Waters are high efficiency homes and are HOA Maintained. Michael Siluk | UCG | Universal Images Group | Getty Images Sales of newly built homes in January dropped 17.6% month over month to a seasonally adjusted, annualized pace of 587,000 units, according to the U.S. Census Bureau. That is the slowest pace since 2022. Housing analysts had been expecting a much smaller decline. Sales were also 11.3% lower than in January 2025, according to the U.S. Census, which is still delayed in its reporting due to last year's government shutdown. December sales were also revised lower. This count is based on signed contracts, so people who were out shopping when mortgage rates were lower than they are today. The average rate on the 30-year fixed loan hovered between 6% and 6.2% during January, according to Mortgage News Daily. It is currently at 6.36%. As a result, the inventory of homes for sale rose to a 9.7-month supply, up from eight months in December, according to the U.S. Census. That is 7.8% higher than January 2025. More supply and less demand led builders to drop prices. The median price of a home sold in January was $400,500, the agency said, a decline of 6.8% year-over-year. Prices for existing homes are still flat nationally, but builders report increasing incentives to get buyers in the door. Data from March does not appear to be any better. An estimated 37% of builders cut prices in March, an increase from February's 36%, according to the National Association of Home Builders. Sales were lower across the nation, but they dropped the most in the Northeast and Midwest, where rough winter weather could have had an impact. However, sales were down nearly 22% from December in the West, where weather would not have played a part. Get Property Play directly to your inbox CNBC's Property Play with Diana Olick covers new and evolving opportunities for the real estate investor, delivered weekly to ...
Nebius Group (NBIS) has quickly emerged as one of the most intriguing and controversial players in the rapidly expanding AI infrastructure landscape. The company recently captured market attention after securing a massive deal with Meta Platforms (META) worth up to $27 billion, a contract that could dramatically reshape its growth trajectory and position it more firmly among the leading “neocloud”...
Nebius Group (NBIS) has quickly emerged as one of the most intriguing and controversial players in the rapidly expanding AI infrastructure landscape. The company recently captured market attention after securing a massive deal with Meta Platforms (META) worth up to $27 billion, a contract that could dramatically reshape its growth trajectory and position it more firmly among the leading “neocloud” providers. For a company that, until recently, primarily served smaller AI startups, this agreement marks a significant step into hyperscaler territory. At first glance, the investment case may seem straightforward: Nebius is riding the same powerful wave that has propelled the entire AI ecosystem. However, beneath the surface, the story is far more complex. The company is simultaneously ramping capital expenditures, issuing convertible debt, and operating in a highly competitive and capital-intensive industry where execution risk is high. So what are investors really buying when they purchase NBIS stock? Is this a pure-play opportunity to gain exposure to the AI infrastructure boom before it fully matures or a high-risk bet on a capital-intensive business still proving its long-term economics? Let’s take a closer look! About Nebius Group N.V. Stock Nebius Group N.V. is a Netherlands-based technology company. The company was spun out of the international operations of Russian technology group Yandex in 2024. NBIS is focused on building a comprehensive AI infrastructure to serve the global AI industry, with major operations across Europe, North America, and Israel. It is one of several so-called “neoclouds,” smaller cloud computing providers that supply infrastructure capacity for AI workloads. Beyond its core AI infrastructure business, Nebius also owns subsidiaries including Avride, Toloka, and TripleTen, which specialize in autonomous driving technology, AI data services, and educational technology, respectively. It has a market cap of $29.4 billion. Shares of the neoclo...
CoreWeave, Inc.’s CRWV Weights & Biases (W&B) inference capabilities have been leveraged by Cline to enhance its ecosystem, enabling developers to build and deploy autonomous coding systems with improved performance, scalability and operational efficiency. By tapping into CoreWeave’s production-ready AI infrastructure, purpose-built for both training and inference, the integration is poised to acc...
CoreWeave, Inc.’s CRWV Weights & Biases (W&B) inference capabilities have been leveraged by Cline to enhance its ecosystem, enabling developers to build and deploy autonomous coding systems with improved performance, scalability and operational efficiency. By tapping into CoreWeave’s production-ready AI infrastructure, purpose-built for both training and inference, the integration is poised to accelerate next-generation autonomous software workflows. W&B is an important component within the CoreWeave ecosystem, providing machine learning tools that help developers track experiments, manage models and streamline AI workflows. Its integration with CoreWeave’s platform has driven strong cross-selling momentum, with W&B customers contributing hundreds of millions of dollars in contract value by also consuming the company’s cloud infrastructure. This reflects a broader trend where customers move beyond just GPU usage to adopt a full-stack AI environment combining compute, storage and development tools. As AI models continue to evolve, agentic coding workflows are becoming increasingly complex. Developers are now relying on AI agents to process entire codebases, reason through tasks and execute multi-step operations without losing context. CoreWeave Cloud addresses these demands with a high-performance, low-latency inference environment, allowing coding agents to generate code, process prompts and carry out reasoning tasks more efficiently. This enables developers to experiment rapidly with new models and workflows while seamlessly scaling innovations into production environments. The integration also provides Cline users with access to a range of advanced open-weight models, including NVIDIA Nemotron 3 Super, Kimi K2.5, GLM5 and MiniMax M2.5, enabling more powerful and flexible AI-driven coding capabilities. CoreWeave’s AI-native platform further ensures optimized performance for agents handling large context windows and executing complex, multi-step workflows without in...
Asian equities traded in the US as American depositary receipts fell sharply Thursday morning, dropp Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
Asian equities traded in the US as American depositary receipts fell sharply Thursday morning, dropp Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
"We looked each other like 'what was that?' Then we went out to the yard looked down couldn't see owt so decided to go out of the gate down to the bottom of the road.
"We looked each other like 'what was that?' Then we went out to the yard looked down couldn't see owt so decided to go out of the gate down to the bottom of the road.
AMD and Samsung just made it official—their partnership is expanding well beyond the current HBM3E supply agreement into a full-stack strategic alignment covering HBM4, DDR5, and potentially Samsung foundry services for future AMD silicon. The timing is pointed: The announcement lands in the shadow of GTC 2026, where Nvidia and Samsung announced their own foundry deal for Groq chips. The memory wa...
AMD and Samsung just made it official—their partnership is expanding well beyond the current HBM3E supply agreement into a full-stack strategic alignment covering HBM4, DDR5, and potentially Samsung foundry services for future AMD silicon. The timing is pointed: The announcement lands in the shadow of GTC 2026, where Nvidia and Samsung announced their own foundry deal for Groq chips. The memory wars are heating up, and AMD is making sure it has a seat at the table. AMD and Samsung signed an MOU expanding their strategic collaboration across AI memory and computing. The agreement aligns Samsung as the primary HBM4 supplier for the Instinct MI455X GPU—AMD’s next-generation AI accelerator targeting the CDNA5 architecture—and commits Samsung to delivering DDR5 solutions optimized for 6th Gen Epyc CPUs, code-named Venice. Both product lines feed directly into the AMD Helios rack-scale platform, AMD’s answer to Nvidia’s NVL72 architecture. Samsung already holds primary HBM3E partner status for AMD, supplying memory for the Instinct MI350X and MI355X. The MOU extends that relationship into HBM4, the next-generation standard that substantially raises bandwidth and capacity requirements over HBM3E. AMD and Samsung will optimize DDR5 specifically for Venice Epyc deployments, targeting data center customers building on Helios rack infrastructure. The MOU also opens the door to a foundry partnership discussion—potentially positioning Samsung as a fabrication partner for future AMD products. That thread remains speculative, but it signals that AMD may be evaluating Samsung’s foundry as a complement or alternative to TSMC for specific product lines. Timing amplifies the strategic weight. At GTC 2026, Nvidia and Samsung confirmed a foundry deal to manufacture Groq LP30 chips on Samsung’s LP30 process. SK Hynix supplies HBM to Nvidia. Samsung, by deepening its AMD relationship, pursues a parallel track—cementing itself as a critical supplier across both GPU camps, rather than align...
While United are not discounting looking abroad in their search for a new lynchpin, the club would prefer Premier League experience. Deciding to go for proven players would certainly limit United's options, and ultimately increase the finances attached to those deals. Baleba, Wharton and Tonali are also among the players United's recruitment team have discussed and will continue to explore. One we...
While United are not discounting looking abroad in their search for a new lynchpin, the club would prefer Premier League experience. Deciding to go for proven players would certainly limit United's options, and ultimately increase the finances attached to those deals. Baleba, Wharton and Tonali are also among the players United's recruitment team have discussed and will continue to explore. One well-placed source has told BBC Sport that, via an intermediary, United have made a tentative enquiry about Brighton midfielder Baleba in recent months. However, any successful move for the Cameroonian will depend on Brighton's valuation, which reports suggest is £100m. While United accept they will have to make a massive financial outlay to land one of their preferred midfielders, whether they would be willing to match the sort of fee Brighton will be looking for is in question. Crystal Palace's Wharton is certainly admired at United, but whether he fits the sort of central-midfielder profile the club are looking for is unclear. Wharton is viewed as a player who benefits from having runners alongside him in midfield, allowing him to execute the passes that have become synonymous with his burgeoning reputation as one of England's best emerging midfield talents. Palace have explored the possibility of offering Wharton - whose contract has three years to run - a new deal with a release clause in the hope of securing his future before next season. Similarly with Tonali, Newcastle have a history of making things difficult for clubs interested in their players. Just ask Alexander Isak and Liverpool. But there is a suggestion the Italy midfielder is open to leaving St James' Park this summer, with his representatives understood to be scoping out the market to ascertain which clubs may be interested in him. Outside the Premier League, Atalanta midfielder Ederson is among the players in Europe who club recruitment staff have identified as having potential. There is a world in which U...