jetcityimage AT&T ( T ) stock has been under pressure lately. Shares were down ~2% to ~$24.60 over a week and have fallen ~5.22% over the past month, significantly lagging the S&P 500 ( SP500 ), which gained 5.19% during the same period. But does the recent weakness tell the full story? When AT&T stock reported Q1 results on April 22, it posted adjusted EPS of $0.57, beating estimates by $0.02, wh...
jetcityimage AT&T ( T ) stock has been under pressure lately. Shares were down ~2% to ~$24.60 over a week and have fallen ~5.22% over the past month, significantly lagging the S&P 500 ( SP500 ), which gained 5.19% during the same period. But does the recent weakness tell the full story? When AT&T stock reported Q1 results on April 22, it posted adjusted EPS of $0.57, beating estimates by $0.02, while revenue rose 2.8% YoY to $31.5B, topping expectations by $260M. Senior EVP and CFO Pascal Desroches said the company still expects low-single-digit service revenue growth, 3%-4% adjusted EBITDA growth, full-year adjusted EPS of $2.25-$2.35, and more than $18B in free cash flow. However, the stock is still under pressure. One area investors may be watching is cash flow, as AT&T's free cash flow declined by roughly $600M in Q1 as capital spending increased to $5.1B to accelerate fiber deployment. Adjusted EBITDA rose 2.3%, but margins slipped 30 basis points to 37.4%. While management views these investments as growth drivers, the near-term impact on profitability and cash generation may be weighing on sentiment. Looking further ahead, management recently announced a $19B investment in California through 2030 and maintaining a target of more than $21B in annual free cash flow by 2028. This outlook supports continued dividends, buybacks, and debt reduction. Still, risks remain. Experts noted that competition remains intense, with Verizon ( VZ ) and T-Mobile ( TMUS ) continuing to fight for market share while improving satellite connectivity, and Amazon’s ( AMZN ) Project Leo could challenge the traditional wireless networks. Despite those risks, Seeking Alpha analyst Bela Lakos said AT&T's ( T ) valuation and potential buybacks support a fair value range of $16-$53, maintaining a Buy rating. Additionally, Seeking Alpha Quant maintains a Hold rating (3.42), while both Wall Street analysts continue to rate AT&T as a Buy. The communication services peers investors may watch i...
Richard Drury/DigitalVision via Getty Images Private credit in general and direct lending in particular have moved to the center of market attention—both in headlines and in portfolios. For investors with meaningful exposure to the financial sector, including banks, insurers, and alternative asset managers, understanding the contours of this risk is increasingly important. But the implications ext...
Richard Drury/DigitalVision via Getty Images Private credit in general and direct lending in particular have moved to the center of market attention—both in headlines and in portfolios. For investors with meaningful exposure to the financial sector, including banks, insurers, and alternative asset managers, understanding the contours of this risk is increasingly important. But the implications extend beyond the financial sector, with potential knock-on effects for industries such as software that are closely tied to financing conditions. What Are Private Credit and Direct Lending? Definitions of private credit vary, and different definitions bring different levels of disclosure, making comparisons (and risk assessment) less straightforward. At its core, however, private credit refers to privately originated, illiquid lending provided by nonbank investors, structured outside public debt markets. Direct lending can be defined as a subsegment of private credit in which the loan is given to a company. Adjacent instruments, such as collateralized loan obligations (CLOs) and certain forms of asset-backed lending, are typically not classified as direct lending but can share similar characteristics. As a result, positive correlations across these segments can be elevated, an important consideration when evaluating how risks could transmit through the broader system. Growth of an Industry Direct lending has grown roughly tenfold over the past 15 years—a rapid expansion that can be traced largely to structural changes following the Global Financial Crisis (GFC). In particular, tighter regulation, including Basel III and the Dodd-Frank Act, reshaped the economics of bank lending. Under these frameworks, loans became more capital-intensive, requiring greater levels of stable funding and balance sheet commitment. Banks responded by repricing risk, tightening lending standards, shortening loan tenors, and demanding more collateral. These shifts had two important effects. First, t...
Dutch Bros (NYSE: BROS) continued to shrug off a soft economy in the first quarter as drive-thru demand held up remarkably well. Same-shop sales grew by 8.3% across the system, fueled by a 5% rise in the number of transactions. Texas was its busiest market, with the largest number of locations and comps growth of nearly 20%. While its organic growth is impressive, it's the coffee chain's massive m...
Dutch Bros (NYSE: BROS) continued to shrug off a soft economy in the first quarter as drive-thru demand held up remarkably well. Same-shop sales grew by 8.3% across the system, fueled by a 5% rise in the number of transactions. Texas was its busiest market, with the largest number of locations and comps growth of nearly 20%. While its organic growth is impressive, it's the coffee chain's massive market opportunity that's the real draw for investors. It ended Q1 with 1,177 locations, up 16% year over year, but that leaves Dutch Bros an attractive runway for further growth in the medium term, as management has set a target of having 2,029 stores operating in 2029. The investment story is fairly simple. Dutch Bros is a scalable concept with compelling unit economics, and it can almost triple its store count before crossing the halfway point toward its long-term target of 7,000 shops. Continue reading
A screen of U.S. industrial stocks with market capitalizations above $10B highlights Westinghouse Air Brake Technologies ( WAB ), Watts Water Technologies ( WTS ), and Woodward ( WWD ) 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 combin...
A screen of U.S. industrial stocks with market capitalizations above $10B highlights Westinghouse Air Brake Technologies ( WAB ), Watts Water Technologies ( WTS ), and Woodward ( WWD ) 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 $10B and above): Old Dominion Freight Line ( ODFL ): Valuation F. Parker-Hannifin ( PH ): Valuation F. Powell Industries ( POWL ): Valuation F. Quanta Services ( PWR ): Valuation F. UL Solutions ( ULS ): Valuation F. Valmont Industries ( VMI ): Valuation F. Vertiv Holdings ( VRT ): Valuation F. Westinghouse Air Brake Technologies ( WAB ): Valuation F. Watts Water Technologies ( WTS ): Valuation F. Woodward ( WWD ): Valuation F. More on industrial stocks Vertiv Holdings: Investor Conference Solidifies A Buy Rating Quanta Services: A Competitive Edge Through Labor Vertiv Holdings: The AI Data Center Cooling Leader Still Has Momentum Baron Global Durable Advantage ETF adds Amphenol, AppLovin among 4 new Q1 positions Quanta Services, positioned in markets with superior growth prospects, raised at Oppenheimer
HSBC Warns Of Commodity "Super-Squeeze" As Goldman Hikes Copper Forecasts Copper is inching closer to its mid-May all-time high of $14,153 a ton on the London Metal Exchange, trading around $13,832 on Tuesday morning, as Goldman raised its year-end price targets and HSBC warned that commodities face a "super-squeeze" with the Hormuz maritime chokepoint still largely shuttered in early June. Let's ...
HSBC Warns Of Commodity "Super-Squeeze" As Goldman Hikes Copper Forecasts Copper is inching closer to its mid-May all-time high of $14,153 a ton on the London Metal Exchange, trading around $13,832 on Tuesday morning, as Goldman raised its year-end price targets and HSBC warned that commodities face a "super-squeeze" with the Hormuz maritime chokepoint still largely shuttered in early June. Let's begin with HSBC analysts, who wrote in a note to clients that " metal prices are generally in an upswing, driven by supply disruptions for some commodities due to the Middle East conflict and strong structural demand ." They warned that commodities were facing a " super-squeeze " with the Strait of Hormuz still blocked. HSBC's note comes after Goldman analysts led by Aurelia Waltham told clients Monday that the core issue with copper markets right now is supply: Year-to-date data does suggest that supply recovery from previous disruption events has trailed our expectations. Accordingly, we lower our 2026 global mine supply forecast by 350kt, equivalent to ~1.5% of global mine supply, including ~200kt less from Grasberg (Indonesia) and Kamoa-Kakula (DRC) combined, with neither returning to full capacity until 2028. At the same time, she said stronger-than-expected US copper imports in the first half of 2026 are tightening the ex-US market: Furthermore, US copper imports in H1 2026 have exceeded our previous forecast, tightening the ex-US balance. As a result, we now expect US inventory to build by 900kt in 2026 (vs. 550kt previously), even as our base case remains that no copper tariff will be announced this year. The combination of soft mine supply, US stockpiling, tariff uncertainty, and long-term demand tied to AI buildout and grid-upgrade themes prompted Waltham to upgrade her end-of-year 2026 and 2027 copper price forecasts: We raise our end-2026/average 2027 LME copper forecasts to $13,735/$13,800 from $12,465/$12,150 previously (vs. forwards at $13,630/$13,610). She m...
Watch the interview below, or Click HERE: Exec Edge hosted a fireside chat on June 1 at Nasdaq MarketSite with Ryan Keating, Industry Leader, Venture Services at EisnerAmper. Mr. Keating was joined by Editor-at-Large Jarrett Banks and they discussed the newly-formed Venture Services group which Ryan leads and how AI is reshaping the venture ecosystem by […] The post Venture Capital’s Role in the A...
Watch the interview below, or Click HERE: Exec Edge hosted a fireside chat on June 1 at Nasdaq MarketSite with Ryan Keating, Industry Leader, Venture Services at EisnerAmper. Mr. Keating was joined by Editor-at-Large Jarrett Banks and they discussed the newly-formed Venture Services group which Ryan leads and how AI is reshaping the venture ecosystem by […] The post Venture Capital’s Role in the AI Boom: EisnerAmper Industry Leader Ryan Keating, Live at Nasdaq appeared first on ExecEdge.
Watch the interview below, or Click HERE: Exec Edge hosted a fireside chat on June 1 at Nasdaq MarketSite with Ryan Keating, Industry Leader, Venture Services at EisnerAmper. Mr. Keating was joined by Editor-at-Large Jarrett Banks and they discussed the newly-formed Venture Services group which Ryan leads and how AI is reshaping the venture ecosystem by […] The post Venture Capital's Role in the A...
Watch the interview below, or Click HERE: Exec Edge hosted a fireside chat on June 1 at Nasdaq MarketSite with Ryan Keating, Industry Leader, Venture Services at EisnerAmper. Mr. Keating was joined by Editor-at-Large Jarrett Banks and they discussed the newly-formed Venture Services group which Ryan leads and how AI is reshaping the venture ecosystem by […] The post Venture Capital's Role in the AI Boom: EisnerAmper Industry Leader Ryan Keating, Live at Nasdaq appeared first on ExecEdge.
Ingram Micro Holding Corporation (NYSE:INGM) is among the Most Undervalued Stocks. On May 4, 2026, Ingram Micro Holding Corporation (NYSE:INGM) reported that it earned the AI Apps on Microsoft Azure Specialization. It has the ability to design and deliver artificial intelligence-powered solutions using Azure AI, App, and Data services. The firm also linked the achievement to […]
Ingram Micro Holding Corporation (NYSE:INGM) is among the Most Undervalued Stocks. On May 4, 2026, Ingram Micro Holding Corporation (NYSE:INGM) reported that it earned the AI Apps on Microsoft Azure Specialization. It has the ability to design and deliver artificial intelligence-powered solutions using Azure AI, App, and Data services. The firm also linked the achievement to […]
Shares of Uranium Energy (NYSEMKT: UEC) popped on Tuesday, trading 11% higher as of 1 p.m. ET and logging nearly 26% gains in just 10 trading days, as of this writing. This morning, Uranium Energy announced it will report its next quarterly earnings on June 9. However, it's not the pre-earnings anticipation that sent the uranium stock soaring. The sudden buying frenzy is a direct reaction to an in...
Shares of Uranium Energy (NYSEMKT: UEC) popped on Tuesday, trading 11% higher as of 1 p.m. ET and logging nearly 26% gains in just 10 trading days, as of this writing. This morning, Uranium Energy announced it will report its next quarterly earnings on June 9. However, it's not the pre-earnings anticipation that sent the uranium stock soaring. The sudden buying frenzy is a direct reaction to an industry development that investors believe could create significant opportunities for the uranium miner. Image source: Getty Images. Continue reading
Hakeem Jeffries, Minority Leader of the U.S House of Representatives speaks during the CNBC CEO Council Summit in Washington D.C. on June 2, 2026. CNBC House Minority Leader Hakeem Jeffries said Tuesday that Democrats are not focused on impeaching President Donald Trump if they regain a majority next Congress, at least "at this moment." Jeffries, at the CNBC CEO Council Summi t in Washington, told...
Hakeem Jeffries, Minority Leader of the U.S House of Representatives speaks during the CNBC CEO Council Summit in Washington D.C. on June 2, 2026. CNBC House Minority Leader Hakeem Jeffries said Tuesday that Democrats are not focused on impeaching President Donald Trump if they regain a majority next Congress, at least "at this moment." Jeffries, at the CNBC CEO Council Summi t in Washington, told CNBC's Emily Wilkins that Democrats will continue to hammer home affordability as they hope to flip the House in this November's midterm elections. Jeffries said the Trump administration has been "completely and totally out of control," but was noncommittal when asked about the prospect of starting impeachment proceedings next year. "We haven't ruled anything in; we haven't ruled anything out," the New York Democrat said. Read more CNBC politics coverage Michael Dell courted Trump early. His company has reaped rewards Trump DOJ ‘lawfare’ fund temporarily blocked by judge as suit proceeds Bondi defends handling of Epstein files to House panel Trump, who was twice impeached in his first term, has repeatedly warned that Democrats would impeach him if they retake the House. But for Democrats , impeachment could be an exercise in futility if they don't also win a healthy majority in the Senate , where Republicans are expected to retain their narrow edge. Instead, Democrats have spoken broadly about reining in what they view as corruption within the Trump administration, which Jeffries said is a sign that the GOP is "not focused on actually solving problems for the American people." "A lot of the focus from an accountability standpoint, I think it's fair to say, will be centered around delivering the type of government that's actually focused on improving the quality of life of the American people, as opposed to the self-dealing that we're seeing occur right now," Jeffries said. Jeffries projected confidence in the 2026 midterms, citing a string of wins in special elections in t...
Cheng Chia Huang/Getty Images News Marvell Technology, Inc. ( MRVL ) reported its Q1 FY27 results about a week ago now, and consistent with our expectations heading into print, we got a revised up outlook. The stock was up and down and a bit all over the place after the results were out, and the earnings call only added more volatility. The market was confusing itself, with the stock having run up...
Cheng Chia Huang/Getty Images News Marvell Technology, Inc. ( MRVL ) reported its Q1 FY27 results about a week ago now, and consistent with our expectations heading into print, we got a revised up outlook. The stock was up and down and a bit all over the place after the results were out, and the earnings call only added more volatility. The market was confusing itself, with the stock having run up 98% quarter-to-date, pricing in a lot of the good news that the Q1 print brought. April quarter sales were up 9% sequentially to $2.42B, in line with expectations that had been catching up with a wave of positive hike price targets from Cantor Fitzgerald, Morgan Stanley, and Susquehanna, plus an upgrade from HSBC heading into print. Outlook easily surpassed consensus, with Q2 sales guidance calling for 12% Q/Q growth to $2.7B versus $2.6B expected. The real treat to us was the FY27 and FY28 outlook being revised up, which is what we were forecasting for post-Q4 print when we wrote: Marvell is now trading in the low $90s, and we see room for more upside into year’s end because, as good as the outlook looks, we view it as conservative relative to the potential market opportunity at hand. The stock has done exceptionally well since that call, up almost 200% against the S&P 500 ( SP500 ), up 12%. Tech Stock Pros Management upped its outlook for the fourth time, with FY27 sales expected to grow 50% Y/Y (up from previous expectations of 40%) and FY28 sales guided for $16.5B, up $1.5B from the prior forecast. FY28 data center sales in specific were guided up to grow 55% from 50%, with ASIC expected to double Y/Y. Post-Q1, we see yet again more room for upside, this time weighted toward FY28. Things took a U-turn for the better this morning the minute Nvidia ( NVDA ) CEO Jensen Huang ran up to the stage during Marvell CEO Matt Murphy’s Computex speech and said, pointing at Murphy: The next trillion-dollar company, ladies and gentlemen. Nothing screams growth like a vocal and publi...
Investors are likely already familiar with Anthropic, the start-up behind the Claude family of chatbots and large language models (LLMs). The company believes that artificial intelligence (AI) "will have a vast impact on the world." It goes on to say it is "dedicated to securing [AI's] benefits and mitigating its risks." In a statement posted on its website, the company revealed it has submitted r...
Investors are likely already familiar with Anthropic, the start-up behind the Claude family of chatbots and large language models (LLMs). The company believes that artificial intelligence (AI) "will have a vast impact on the world." It goes on to say it is "dedicated to securing [AI's] benefits and mitigating its risks." In a statement posted on its website, the company revealed it has submitted regulatory filings and could go public as early as next month. Continue reading
"Bloomberg Crypto" covers the people, transactions, and technology shaping the world of decentralized finance. Today's guests: Blockstream CEO & Co-Founder Adam Back, Franklin Templeton CEO Jenny Johnson, Stellar Development Foundation CEO Denelle Dixon, and Fireblocks CEO Michael Shaulox. (Source: Bloomberg)
"Bloomberg Crypto" covers the people, transactions, and technology shaping the world of decentralized finance. Today's guests: Blockstream CEO & Co-Founder Adam Back, Franklin Templeton CEO Jenny Johnson, Stellar Development Foundation CEO Denelle Dixon, and Fireblocks CEO Michael Shaulox. (Source: Bloomberg)
Mrinal Pal/iStock via Getty Images Dear Baron India Fund Shareholder, Baron India Fund® (the Fund) declined 14.86% (Institutional Shares) during the first quarter of 2026, while its relevant benchmark, the MSCI AC Asia ex Japan/India Linked Index (the Linked Benchmark), was down 18.13%. As a reminder to investors, as of market close on August 30, 2024, Baron New Asia Fund was converted into Baron ...
Mrinal Pal/iStock via Getty Images Dear Baron India Fund Shareholder, Baron India Fund® (the Fund) declined 14.86% (Institutional Shares) during the first quarter of 2026, while its relevant benchmark, the MSCI AC Asia ex Japan/India Linked Index (the Linked Benchmark), was down 18.13%. As a reminder to investors, as of market close on August 30, 2024, Baron New Asia Fund was converted into Baron India Fund®, necessitating a Linked Benchmark to allow the predecessor track record to attach to the new Fund. In essence, our reported performance represents the return of Baron New Asia Fund from July 30, 2021 (Fund inception date) through August 31, 2024 and that of the reconstituted Baron India Fund beginning thereafter. Similarly, the Linked Benchmark, effective September 1, 2024, will reflect the performance of the MSCI India Index, the primary benchmark of Baron India Fund, while the period from July 30, 2021 through August 31, 2024 will reflect the performance of the MSCI AC Asia ex Japan Index. Baron India Fund® has outperformed the MSCI India Index by 3.71% on an annualized basis since Fund conversion (effective September 1, 2024). Annualized performance (%) for periods ended March 31, 2026 Fund Retail Shares 1,2 Fund Institutional Shares 1,2 MSCI AC Asia ex Japan/India Linked Index 1 MSCI India Index 1 MSCI Emerging Markets Index 1 QTD3 (14.98) (14.86) (18.13) (18.13) (0.17) 1 Year (12.85) (12.59) (13.43) (13.43) 29.55 Since Conversion(9/1/2024) (12.42) (12.15) (15.86) (15.86) 18.51 3 Years 0.64 0.92 (4.78) 6.42 14.84 Since Inception(7/30/2021) (5.30) (5.05) (7.34) 3.18 4.42 Click to enlarge Performance listed in the above table is net of annual operating expenses. The gross annual expense ratio for the Retail Shares and Institutional Shares as of April 30, 2025 was 7.96% and 6.86%, respectively, but the net annual expense ratio was 1.45% and 1.20% (net of the Adviser’s fee waivers and expense reimbursements), respectively. The performance data quoted represents ...