Gargolas/iStock via Getty Images Consolidated Edison ( ED ) up 0.8% in Tuesday's trading despite receiving a downgrade at Mizuho to Neutral from Outperform with a $105 price target, trimmed from $118, saying it believes the opportunities for incremental capital spending and growth are marginal and limited. Coming into the year, Mizuho analyst Anthony Crowdell says he expected Con Ed ( ED ) to re-r...
Gargolas/iStock via Getty Images Consolidated Edison ( ED ) up 0.8% in Tuesday's trading despite receiving a downgrade at Mizuho to Neutral from Outperform with a $105 price target, trimmed from $118, saying it believes the opportunities for incremental capital spending and growth are marginal and limited. Coming into the year, Mizuho analyst Anthony Crowdell says he expected Con Ed ( ED ) to re-rate to a single-digit P/E premium based on its CECONY settlement being approved and the utility's positioning as a defensive stock in an AI-driven unwind, but as growth rates for the company's peers continue to be revised upward, the stock remains a below-average grower with an EPS compound annual growth rate of 6%-7%. Con Ed's ( ED ) upside is limited, Crowdell argues, as potential incremental capex opportunities are marginal compared to the data center and other load growth drivers in other service territories, and the analyst does not expect these opportunities to be large enough to move the company's long-term growth projections upward. More on Consolidated Edison Consolidated Edison: A Defensive Allocation, But Return Expectations Remain Moderate Consolidated Edison: A Tricky Balancing Act Seeking Alpha’s Quant Rating on Consolidated Edison
US claims world’s 10th-biggest economy engages in ‘unreasonable’ trade practices that ‘restrict US commerce’ Sign up for the Breaking News US newsletter email The Trump administration proposed 25% tariffs on imports from Brazil , charging that the world’s 10th-biggest economy engages in trade practices that are “unreasonable’’ and that “burden or restrict US commerce”. Luiz Inácio Lula da Silva sa...
US claims world’s 10th-biggest economy engages in ‘unreasonable’ trade practices that ‘restrict US commerce’ Sign up for the Breaking News US newsletter email The Trump administration proposed 25% tariffs on imports from Brazil , charging that the world’s 10th-biggest economy engages in trade practices that are “unreasonable’’ and that “burden or restrict US commerce”. Luiz Inácio Lula da Silva said he received the decision “with indignation”. The Brazil president also blamed the decision by the US administration on his rival in October’s elections, Flávio Bolsonaro , the senator who visited Washington last week. The senator is the son of former president Jair Bolsonaro, once nicknamed “the Trump of the Tropics” by his allies. Continue reading...
A screen of U.S. industrial stocks with market capitalizations between $2B - $10B highlights Helios Technologies ( HLIO ), Primoris Services ( PRIM ), and VSE ( VSEC ) among the market's most expensive valued companies relative to their sector peers. Seeking Alpha's valuation grade compares how expensive or cheap a stock is relative to others in its sector. It is based on a combination of valuatio...
A screen of U.S. industrial stocks with market capitalizations between $2B - $10B highlights Helios Technologies ( HLIO ), Primoris Services ( PRIM ), and VSE ( VSEC ) among the market's most expensive valued companies relative to their sector peers. Seeking Alpha's valuation grade compares how expensive or cheap a stock is relative to others in its sector. It is based on a combination of valuation metrics such as P/E, PEG, EV/Sales, EV/EBITDA, EV/EBIT, Price/Sales, Price/Book, Price/Cash Flow, and dividend yield, using both current and forward estimates. Most expensive U.S. stocks by valuation grade (market cap between $2B - $10B): UniFirst ( UNF ): Valuation D-. Zurn Elkay Water Solutions ( ZWS ): Valuation D-. Argan ( AGX ): Valuation F. Atmus Filtration Technologies ( ATMU ): Valuation F. CSW Industrials ( CSW ): Valuation F. EnerSys ( ENS ): Valuation F. ESCO Technologies ( ESE ): Valuation F. Helios Technologies ( HLIO ): Valuation F. Primoris Services ( PRIM ): Valuation F. VSE ( VSEC ): Valuation F. More on industrial stocks While Donaldson Cuts Guidance, Atmus Just Walked Into Data Centers: Buy ATMU, Sell DCI CSW Industrials Is Doing A Great Job, But That's Not Reason To Be Bullish CSW Industrials, Inc. (CSW) Q4 2026 Earnings Call Transcript Baron Small Cap Fund adds OFRM, VSEC; exits CWAN and ODD among Q1 moves Timken hits record high as J.P. Morgan upgrades industrial automation stocks
Vice President and Corporate Controller Todd Sutton reported the sale of 2,000 shares of Axcelis Technologies (NASDAQ:ACLS) on May 27, 2026, in an open-market transaction as disclosed in the SEC Form 4 filing . Transaction and post-transaction values based on SEC Form 4 reported price ($159.99). *1-year price change calculated using May 27, 2026 as the reference date. Continue reading
Vice President and Corporate Controller Todd Sutton reported the sale of 2,000 shares of Axcelis Technologies (NASDAQ:ACLS) on May 27, 2026, in an open-market transaction as disclosed in the SEC Form 4 filing . Transaction and post-transaction values based on SEC Form 4 reported price ($159.99). *1-year price change calculated using May 27, 2026 as the reference date. Continue reading
Li Xiaohong Li Xiaohong, the former head of the Chinese Communist Party’s central inspection office, has been placed under investigation for suspected severe disciplinary and legal violations, according to the country’s top anti-graft watchdog. The downfall of the 73-year-old veteran, who previously spearheaded high-level anti-corruption sweeps and served as the top disciplinary official at the se...
Li Xiaohong Li Xiaohong, the former head of the Chinese Communist Party’s central inspection office, has been placed under investigation for suspected severe disciplinary and legal violations, according to the country’s top anti-graft watchdog. The downfall of the 73-year-old veteran, who previously spearheaded high-level anti-corruption sweeps and served as the top disciplinary official at the securities regulator, underscores Beijing’s continued efforts to root out graft even among its most senior enforcers and financial industry pioneers.
watch now VIDEO 2:23 02:23 ‘I think you gotta, you gotta stay in’: BlackRock’s Rick Rieder on bull market risks News Videos Rick Rieder oversees roughly $2.4 trillion in assets for BlackRock . He has been at the world's biggest money manager for close to two decades now, and he has seen a lot take place in the market. But, he says, nothing like this. "I think we're going through an extraordinary p...
watch now VIDEO 2:23 02:23 ‘I think you gotta, you gotta stay in’: BlackRock’s Rick Rieder on bull market risks News Videos Rick Rieder oversees roughly $2.4 trillion in assets for BlackRock . He has been at the world's biggest money manager for close to two decades now, and he has seen a lot take place in the market. But, he says, nothing like this. "I think we're going through an extraordinary period of time. I don't think we've ever seen anything like this," he told CNBC's Scott Wapner at the CNBC CEO Council Summit in Washington, D.C., on Tuesday. Faced with the choice between "a lot of uncertainty" and a market that continues to push higher, Rieder concludes, "I think you gotta, you gotta stay in it." This view is not new for Rieder, who is chief investment officer of global fixed income and head of the global allocation investment team at BlackRock. He told Wapner in August of last year that this was the best investing environment he had ever seen. But nothing has changed his view to the contrary since, even as the mega-cap tech stocks spend more and more on AI and concerns rise about a dotcom-bubble like environment . His view of the stock market is not necessarily for outsize gains from here. A market that is doing "extremely well," he said, "will probably continue to do okay." But Rieder says the trends are in place, both structurally and technically, to believe the bull market has more room to run. For one, the cash keeps coming in. "There's a tremendous amount of cash," he said. "Even with the IPO calendar, which is large. There is still a tremendous amount of buyback going on, so I think 'the technicals' are good," he said. Part of the bullish story coming from the cash is related to central bank rates in developed markets that are going to remain elevated, he said, and maybe even go "a bit higher." The income streams being created from higher-yield portfolios — 6% to 7% in the current market without a lot of risk, Rieder said — benefit from the compound...
Olga Yastremska/iStock via Getty Images The AMG Frontier Small Cap Growth Fund (Class N) returned 3.20% for the first quarter of 2026, compared to the -2.81% return for its benchmark, the Russell 2000 Growth® Index. For the 12 months ending March 31, 2026, the Fund returned 34.97%, which outperformed the benchmark return of 23.58%. Please note that this Fund has multiple share classes. Average Ann...
Olga Yastremska/iStock via Getty Images The AMG Frontier Small Cap Growth Fund (Class N) returned 3.20% for the first quarter of 2026, compared to the -2.81% return for its benchmark, the Russell 2000 Growth® Index. For the 12 months ending March 31, 2026, the Fund returned 34.97%, which outperformed the benchmark return of 23.58%. Please note that this Fund has multiple share classes. Average Annual Returns (%) 1 (as of 03/31/26) Q1 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception MSSVX (Class N) 3.20 3.20 34.97 13.45 5.00 13.84 11.99 2 MSSCX (Class I) 3.28 3.28 35.36 13.79 5.34 14.21 9.13 3 MSSYX (Class Z) 3.25 3.25 35.51 13.86 5.39 14.30 12.47 2 Russell 2000® Growth Index -2.81 -2.81 23.58 12.27 1.62 9.79 6.54 3 Click to enlarge MSSVX (Class N) Expense Ratio (Gross/Net) 4 : 1.50%/1.30% MSSCX (Class I) Expense Ratio (Gross/Net) 4 : 1.20%/1.00% MSSYX (Class Z) Expense Ratio (Gross/Net) 4 : 1.10%/0.90% 1 Returns for periods less than one year are not annualized. 2 Since the inception of the Fund's Class N and Class Z shares on January 1, 2010. 3 Since the inception of the Fund's Class I shares on September 24, 1997. 4 The Fund's Investment Manager has contractually agreed, through March 1, 2027, to limit fund operating expenses. The net expense ratio reflects this limitation, while the gross expense ratio does not. The Fund has no up-front sales charges or deferred sales charges. Please refer to the Fund's Prospectus for additional information on the Fund's expenses. The performance data shown represents past performance. Past performance is not a guarantee of future results. The investment return and the principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. For performance information through the most recent month end, please call 800.548.4539 or visit our website at AMG Wealth Platform . From time to time the advisor has waived fees or reimbursed expenses, which may have resulted in...
Mohamad Faizal Bin Ramli/iStock via Getty Images On May 28, Texas implemented Automated Vehicle Authorization Requirements— Senate Bill 2807 (89R) for autonomous vehicles: Automated Vehicle Authorization Requirements – Senate Bill 2807 (89R) The 89th Texas Legislature passed Senate Bill 2807 (89R) in 2025 creating a required authorization for the commercial operation of automated vehicles on Texas...
Mohamad Faizal Bin Ramli/iStock via Getty Images On May 28, Texas implemented Automated Vehicle Authorization Requirements— Senate Bill 2807 (89R) for autonomous vehicles: Automated Vehicle Authorization Requirements – Senate Bill 2807 (89R) The 89th Texas Legislature passed Senate Bill 2807 (89R) in 2025 creating a required authorization for the commercial operation of automated vehicles on Texas roads. Companies are required to receive authorization prior to operating vehicles controlled by automated driving systems in Texas. The Texas Department of Motor Vehicles (TxDMV) has administrative authority to issue and revoke these authorizations, as well as the authority to restrict operations while authorization remains, and the Texas Department of Public Safety and local law enforcement agencies have authority over on road enforcement of the operations and adherence to traffic laws. These new legal requirements may pose a threat to Tesla's ( TSLA ) robotaxi strategy in several ways, and investors need to be aware of this possibility: It requires that all autonomous vehicles be classified as Level 4 or 5 under the SAE guidelines, and Tesla robotaxis may currently be only Level 2 or 3. Level 4 requires that all vehicles be restricted to a defined Operational Design Domain (ODD), such as specific city streets, locations, weather conditions, and speed ranges, which invalidates Tesla's unconstrained deployment strategy. It requires approval of each autonomous vehicle, which now clearly shows how far Tesla is behind. The regulations create a grey area for ODD if personally-owned Tesla vehicles operate on the Tesla Network. Level 4 Classification The above legislation defines an autonomous vehicle as: Automated Vehicle: A motor vehicle on which an automated driving system is installed that is capable of being operated with Level 4 automation or Level 5 automation (as specified in the SAE International Standard J3016, April 2021). The SAE standards are very clear that Level ...
Michael M. Santiago Goldman Sachs ( GS ) CEO David Solomon said investors are in greed mode these days as companies seek to raise billions for AI buildouts. “There’s plenty of liquidity in the system if the world continues to remain as optimistic,” Solomon said during an interview Tuesday that focused on the amount of equity pouring into AI. “We are definitely in a moment where there’s more greed ...
Michael M. Santiago Goldman Sachs ( GS ) CEO David Solomon said investors are in greed mode these days as companies seek to raise billions for AI buildouts. “There’s plenty of liquidity in the system if the world continues to remain as optimistic,” Solomon said during an interview Tuesday that focused on the amount of equity pouring into AI. “We are definitely in a moment where there’s more greed than there is fear. That's one of the reasons why people that need this capital are coming to the markets, because the capital is available," Solomon added, according to CNBC's video of the interview . Solomon also noted that while the size of the deals, such as Alphabet's ( GOOG ) ( GOOGL ) recently announced $80B equity raise, are unprecedented, "There's also unprecedented wealth and liquidity in the markets." More on Goldman Sachs The Goldman Sachs Group, Inc. (GS) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript Goldman Sachs Becomes Top Underwriter For SpaceX IPO, Posts Historically Strong Quarter The Goldman Sachs Group, Inc. (GS) Shareholder/Analyst Call Prepared Remarks Transcript SpaceX targets lower fees as banks eye $500M IPO payday - report Goldman Sachs sees near-record M&A activity in 2026
Iryna Melnyk/iStock via Getty Images Introduction The energy sector has seen tremendous gains due to the Iran conflict. In fact, a Finnish energy company, Neste ( NTOIF ) ( NTOIY ), has seen 45% gains YTD and a 204% gain in the past year. Most would deem this moment to be at the height of the commodity cycle and an unwise investment with no material margin of safety. However, I think Neste has the...
Iryna Melnyk/iStock via Getty Images Introduction The energy sector has seen tremendous gains due to the Iran conflict. In fact, a Finnish energy company, Neste ( NTOIF ) ( NTOIY ), has seen 45% gains YTD and a 204% gain in the past year. Most would deem this moment to be at the height of the commodity cycle and an unwise investment with no material margin of safety. However, I think Neste has the potential to keep its meaningful gains after the Iran conflict ceases. This is because, as the world tries to adjust to a situation with constant geopolitical risks, organizations place sustainable supply chains as a top priority. As Neste sits at the top of niche renewable products in energy markets, they're poised to reap the benefits of fear and anticipation caused by constant disruption, while at the same time benefiting from increased oil prices with stellar balance sheet management. I rate Neste as a Buy! Company Overview As alluded to previously, Neste operates at the leading edge of sustainable aviation fuel (SAF) and renewable diesel. In addition, Neste also operates a legacy refining business in diesel and jet fuel but is slowly diversifying away from its dependence on oil markets. This strategy has been costly, and investors have moved on to other ventures, frustrated by the lack of visibility in return on investment. This is displayed in the stock price history. As you can see, the stock has cratered by almost 50% in the past 5 years. That gives you some perspective on the bigger picture, despite the stock's amazing recent returns. Seeking Alpha However, by doing this, the company has managed to achieve an undisputed lead in the niche global liquid biofuel market, which should serve the company well in the coming years as countries and companies around the world set their sights on a diversified risk profile. As the focus lies essentially in the viability of its new business venture and legacy oil business, we will combine these aspects to create a thesis that ...
A screen of U.S. utility stocks with market capitalizations above $10B highlights names like Vistra ( VST ), Constellation Energy ( CEG ), and Oklo ( OKLO ) as the market's most expensive names based on valuation grades. The valuation grade compares how expensive or cheap a stock is relative to others in its sector. It is based on a combination of valuation metrics such as P/E, PEG, price to sales...
A screen of U.S. utility stocks with market capitalizations above $10B highlights names like Vistra ( VST ), Constellation Energy ( CEG ), and Oklo ( OKLO ) as the market's most expensive names based on valuation grades. The valuation grade compares how expensive or cheap a stock is relative to others in its sector. It is based on a combination of valuation metrics such as P/E, PEG, price to sales, and price to cash flow, using both current and forward estimates. Most expensive U.S. utilities stock by valuation grade (market cap $10B and above): Vistra: Valuation Grade F Oklo: Valuation Grade F NRG Energy ( NRG ): Valuation Grade F Enlight Renewable Energy ( ENLT ): Valuation Grade F CenterPoint Energy ( CNP ): Valuation Grade F Constellation Energy: Valuation Grade F NextEra Energy ( NEE ): Valuation Grade D- Entergy Corporation ( ETR ): Valuation Grade D- Atmos Energy Corporation ( ATO ): Valuation Grade D- NiSource Inc ( NI ): Valuation Grade D Alliant Energy Corporation ( LNT ): Valuation Grade D More on Vistra, Oklo Oklo: The Plutonium Update Weakens My Bear Case A Peer Showdown Reveals Why Vistra Stands Out Vs. Other Major IPPs A Buy Rating For Oklo As AI Data Centers Run Into The Power Wall Ohio to pause tax incentives for future data centers Oklo tapped by DoE for advanced discussions in surplus plutonium program
In Q1 2026, VentureBeat's Pulse Research surfaced the “Governance Mirage” : the gap between the governance org charts enterprises had drawn and the control layers they had actually built. Forty-three percent said a central team owned AI governance; 23% couldn't agree on who owned it at all; and 31% named vendor opacity as the single biggest obstacle. This new wave of research asks the next questio...
In Q1 2026, VentureBeat's Pulse Research surfaced the “Governance Mirage” : the gap between the governance org charts enterprises had drawn and the control layers they had actually built. Forty-three percent said a central team owned AI governance; 23% couldn't agree on who owned it at all; and 31% named vendor opacity as the single biggest obstacle. This new wave of research asks the next question: Once you've admitted the governance problem, what breaks first when you try to fix it? The answer from our respondents is unambiguous. The failure point is not the model. It's the runtime. Enterprises are discovering that AI agents built on stateless infrastructure — Python scripts, LangChain chains, ad hoc orchestration — cannot survive the operational realities of production. Container restarts erase context. Token costs breach business cases. Hallucinations in Step 3 compound into catastrophic failures by Step 12. And the majority of engineering teams are spending more time managing this "plumbing" than building the intelligence that was supposed to justify the investment. What emerges from this survey is a picture of an industry at a critical fork. The organizations that survive the Agentic Reckoning will be those that treat runtime durability as a first-class engineering concern — not an afterthought to be patched with retries and prompting. The ones that don't will find themselves back where RPA left enterprises a decade ago: a graveyard of clever pilots that couldn't survive Day Two. Methodology VentureBeat conducted this survey in May 2026 as part of its ongoing Pulse Research series on agentic AI adoption in the enterprise. Respondents were filtered to organizations with 100 or more employees. The final qualified sample consists of 132 verified, highly qualified technology leaders at the forefront of enterprise AI agent deployment. They span: Directors of AI/Analytics (8%) Directors of Engineering/IT (16%) VP of Data/AI/Analytics (5%) VP of Engineering/IT (5%) C...