It's time for investors to start rebuilding their bond allocations, according to JPMorgan Asset Management's Bob Michele. While the U.S.-Iran war and the surge in oil prices has investors concerned, the volatility shouldn't keep them from building up their fixed-income exposure at a time when yields remain attractive, he said. In fact, the bond market has actually held up reasonably well this past...
It's time for investors to start rebuilding their bond allocations, according to JPMorgan Asset Management's Bob Michele. While the U.S.-Iran war and the surge in oil prices has investors concerned, the volatility shouldn't keep them from building up their fixed-income exposure at a time when yields remain attractive, he said. In fact, the bond market has actually held up reasonably well this past week, said Michele, the firm's chief investment officer and head of global fixed income. The 10-year Treasury yield has moved higher, but it has remained in the range it's been in since September, between 3.9% and 4.3%, he noted. Bond yields move inversely to prices. Credit has also held in fairly well, with much of the concern focusing on private credit markets, he noted. As a result, he's sticking with his call to move money into fixed income, especially for those who have been under-allocated for the past few years. "We've been buying the bond market. We view it as a great diversifier and counterbalance to the equity market," Michele said. "It does give you a risk-off home, and we've been buying credit because we don't forecast a recession on the horizon." Investors have seen the equity portions of their portfolio balloon over the past few years as stocks rallied. Enthusiasm over artificial intelligence has pushed equities to record highs, with the S & P 500 gaining 16% in 2025 and more than 20% in both 2024 and 2023. While this year has seen more volatility in stocks, portfolios are still lopsided, Michele noted. "For me, having done this for a long time, I can't remember both the institutional side and the wealth management side being so underweight and under-allocated to fixed income," he said. Yet he's starting to see that change, with many of those same investors now saying they are looking for opportunities in the bond market, he noted. "You see these constant inflows into various bond vehicles as they try to diversify from their equity exposure, which has appreci...
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Hims & Hers Health Inc (Symbol: HIMS), where a total volume of 483,616 contracts has been traded thus far today, a contract volume which is representative of approximately 48.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number wor...
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Hims & Hers Health Inc (Symbol: HIMS), where a total volume of 483,616 contracts has been traded thus far today, a contract volume which is representative of approximately 48.4 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 129.9% of HIMS's average daily trading volume over the past month, of 37.2 million shares. Particularly high volume was seen for the $25 strike call option expiring March 13, 2026 , with 18,612 contracts trading so far today, representing approximately 1.9 million underlying shares of HIMS. Below is a chart showing HIMS's trailing twelve month trading history, with the $25 strike highlighted in orange: G-III Apparel Group Ltd. (Symbol: GIII) saw options trading volume of 5,332 contracts, representing approximately 533,200 underlying shares or approximately 124.9% of GIII's average daily trading volume over the past month, of 426,740 shares. Particularly high volume was seen for the $30 strike put option expiring March 20, 2026, with 2,666 contracts trading so far today, representing approximately 266,600 underlying shares of GIII. Below is a chart showing GIII's trailing twelve month trading history, with the $30 strike highlighted in orange: And RH (Symbol: RH) options are showing a volume of 12,545 contracts thus far today. That number of contracts represents approximately 1.3 million underlying shares, working out to a sizeable 119.4% of RH's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume was seen for the $130 strike put option expiring March 20, 2026, with 1,116 contracts trading so far today, representing approximately 111,600 underlying shares of RH. Below is a chart showing RH's trailing twelve month trading history, with the $130 strike highlighted in orange: For the various different available expirations...
Alarmed that Great Britain has only enough gas in storage to cover two days of consumption? Actually, Michael Shanks, the energy minister, is right that the bald statistic is not a reason to run for the hills. But he would help his case if he admitted that the long era of running a “just-in-time” approach to gas supplies looks increasingly unworkable. Shanks is obviously correct that Great Britain...
Alarmed that Great Britain has only enough gas in storage to cover two days of consumption? Actually, Michael Shanks, the energy minister, is right that the bald statistic is not a reason to run for the hills. But he would help his case if he admitted that the long era of running a “just-in-time” approach to gas supplies looks increasingly unworkable. Shanks is obviously correct that Great Britain does not source its supplies from storage. About 75% of our gas comes from the North Sea – from domestic fields and via the 725-mile underwater Langeled pipeline from Norway – and neither source is affected by the war in Iran. As for imported liquefied natural gas (LNG), typically about 18% of supplies today, the market is disrupted now that Qatar, about a fifth of the global market, is not producing. But the rest of the market is still operating, so it’s a question of paying nosebleed rates for shipments, probably from the US, which already dominates our LNG imports. And the final pieces in “the diverse and strong energy mix”, as Shanks described it, are the two-way interconnectors to the Netherlands and Belgium that plug Great Britain’s gas system into the continent’s. But here’s the rub: while the Great Britain gas set-up looks sufficiently secure for now, the war is demonstrating two reasons why more storage looks essential if energy shocks are becoming more frequent. And transition to an intermittent renewables-heavy power system offers a third reason. First, there could be a harder price crunch, say gas experts, if the war goes on for months and the LNG market becomes so dysfunctional that continental European countries can’t refill their storage sites, which are much bigger than Great Britain’s, over the summer. That would set up a terrible dynamic for the winter in which Great Britain’s gas prices would have to trade at very fat premiums to attract flows across the interconnectors. In that case, it would be better to have our own strategic reserve to ride the bumps...
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in lululemon athletica inc (Symbol: LULU), where a total volume of 17,471 contracts has been traded thus far today, a contract volume which is representative of approximately 1.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number work...
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in lululemon athletica inc (Symbol: LULU), where a total volume of 17,471 contracts has been traded thus far today, a contract volume which is representative of approximately 1.7 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 83.1% of LULU's average daily trading volume over the past month, of 2.1 million shares. Especially high volume was seen for the $330 strike call option expiring January 21, 2028 , with 1,252 contracts trading so far today, representing approximately 125,200 underlying shares of LULU. Below is a chart showing LULU's trailing twelve month trading history, with the $330 strike highlighted in orange: Eli Lilly (Symbol: LLY) options are showing a volume of 24,982 contracts thus far today. That number of contracts represents approximately 2.5 million underlying shares, working out to a sizeable 78.4% of LLY's average daily trading volume over the past month, of 3.2 million shares. Especially high volume was seen for the $380 strike put option expiring April 17, 2026, with 1,657 contracts trading so far today, representing approximately 165,700 underlying shares of LLY. Below is a chart showing LLY's trailing twelve month trading history, with the $380 strike highlighted in orange: And Nike (Symbol: NKE) options are showing a volume of 118,175 contracts thus far today. That number of contracts represents approximately 11.8 million underlying shares, working out to a sizeable 75.8% of NKE's average daily trading volume over the past month, of 15.6 million shares. Particularly high volume was seen for the $57.50 strike put option expiring April 17, 2026, with 11,876 contracts trading so far today, representing approximately 1.2 million underlying shares of NKE. Below is a chart showing NKE's trailing twelve month trading history, with the $57.50 strike highlighted in orang...
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Arbor Realty Trust Inc (Symbol: ABR), where a total of 24,232 contracts have traded so far, representing approximately 2.4 million underlying shares. That amounts to about 45.8% of ABR's average daily trading volume over the past month of 5.3 million shares. Especially high volume was seen ...
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Arbor Realty Trust Inc (Symbol: ABR), where a total of 24,232 contracts have traded so far, representing approximately 2.4 million underlying shares. That amounts to about 45.8% of ABR's average daily trading volume over the past month of 5.3 million shares. Especially high volume was seen for the $7.50 strike call option expiring March 20, 2026 , with 8,451 contracts trading so far today, representing approximately 845,100 underlying shares of ABR. Below is a chart showing ABR's trailing twelve month trading history, with the $7.50 strike highlighted in orange: Floor & Decor Holdings Inc (Symbol: FND) saw options trading volume of 11,245 contracts, representing approximately 1.1 million underlying shares or approximately 45.5% of FND's average daily trading volume over the past month, of 2.5 million shares. Especially high volume was seen for the $42.50 strike put option expiring April 17, 2026, with 9,924 contracts trading so far today, representing approximately 992,400 underlying shares of FND. Below is a chart showing FND's trailing twelve month trading history, with the $42.50 strike highlighted in orange: And Herbalife Ltd (Symbol: HLF) options are showing a volume of 8,722 contracts thus far today. That number of contracts represents approximately 872,200 underlying shares, working out to a sizeable 44.8% of HLF's average daily trading volume over the past month, of 1.9 million shares. Especially high volume was seen for the $30 strike call option expiring August 21, 2026, with 7,691 contracts trading so far today, representing approximately 769,100 underlying shares of HLF. Below is a chart showing HLF's trailing twelve month trading history, with the $30 strike highlighted in orange: For the various different available expirations for ABR options, FND options, or HLF options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of t...
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Xenon Pharmaceuticals Inc (Symbol: XENE), where a total of 31,632 contracts have traded so far, representing approximately 3.2 million underlying shares. That amounts to about 339.4% of XENE's average daily trading volume over the past month of 932,015 shares. Particularly high volume was s...
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Xenon Pharmaceuticals Inc (Symbol: XENE), where a total of 31,632 contracts have traded so far, representing approximately 3.2 million underlying shares. That amounts to about 339.4% of XENE's average daily trading volume over the past month of 932,015 shares. Particularly high volume was seen for the $40 strike put option expiring April 17, 2026 , with 8,972 contracts trading so far today, representing approximately 897,200 underlying shares of XENE. Below is a chart showing XENE's trailing twelve month trading history, with the $40 strike highlighted in orange: Build-A-Bear Workshop Inc (Symbol: BBW) options are showing a volume of 5,826 contracts thus far today. That number of contracts represents approximately 582,600 underlying shares, working out to a sizeable 165.8% of BBW's average daily trading volume over the past month, of 351,295 shares. Particularly high volume was seen for the $40 strike put option expiring June 18, 2026, with 3,602 contracts trading so far today, representing approximately 360,200 underlying shares of BBW. Below is a chart showing BBW's trailing twelve month trading history, with the $40 strike highlighted in orange: And Goldman Sachs Group Inc (Symbol: GS) options are showing a volume of 35,559 contracts thus far today. That number of contracts represents approximately 3.6 million underlying shares, working out to a sizeable 134.7% of GS's average daily trading volume over the past month, of 2.6 million shares. Particularly high volume was seen for the $700 strike put option expiring March 13, 2026, with 2,736 contracts trading so far today, representing approximately 273,600 underlying shares of GS. Below is a chart showing GS's trailing twelve month trading history, with the $700 strike highlighted in orange: For the various different available expirations for XENE options, BBW options, or GS options, visit StockOptionsChann...
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Adeia Inc (Symbol: ADEA), where a total volume of 5,121 contracts has been traded thus far today, a contract volume which is representative of approximately 512,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 50.6% of A...
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Adeia Inc (Symbol: ADEA), where a total volume of 5,121 contracts has been traded thus far today, a contract volume which is representative of approximately 512,100 underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 50.6% of ADEA's average daily trading volume over the past month, of 1.0 million shares. Especially high volume was seen for the $20 strike put option expiring March 20, 2026 , with 4,942 contracts trading so far today, representing approximately 494,200 underlying shares of ADEA. Below is a chart showing ADEA's trailing twelve month trading history, with the $20 strike highlighted in orange: TeraWulf Inc. (Symbol: WULF) saw options trading volume of 175,101 contracts, representing approximately 17.5 million underlying shares or approximately 48.9% of WULF's average daily trading volume over the past month, of 35.8 million shares. Particularly high volume was seen for the $13 strike put option expiring March 20, 2026, with 21,276 contracts trading so far today, representing approximately 2.1 million underlying shares of WULF. Below is a chart showing WULF's trailing twelve month trading history, with the $13 strike highlighted in orange: And Exxon Mobil Corp (Symbol: XOM) saw options trading volume of 102,336 contracts, representing approximately 10.2 million underlying shares or approximately 48.4% of XOM's average daily trading volume over the past month, of 21.1 million shares. Particularly high volume was seen for the $160 strike call option expiring March 13, 2026, with 10,490 contracts trading so far today, representing approximately 1.0 million underlying shares of XOM. Below is a chart showing XOM's trailing twelve month trading history, with the $160 strike highlighted in orange: For the various different available expirations for ADEA options, WULF options, or XOM options, ...
Justin Sullivan/Getty Images News PG&E ( PCG ) -1.1% in Monday's trading despite receiving an upgrade to Buy from Neutral with a $23 price target, raised from $20, at UBS, saying expected improvements in wildfire policy and affordability should drive a re-rating, and anticipated Phase 2 legislation, likely ahead of the July 2 recess, would further reduce utility liability. UBS analyst Gregg Orrill...
Justin Sullivan/Getty Images News PG&E ( PCG ) -1.1% in Monday's trading despite receiving an upgrade to Buy from Neutral with a $23 price target, raised from $20, at UBS, saying expected improvements in wildfire policy and affordability should drive a re-rating, and anticipated Phase 2 legislation, likely ahead of the July 2 recess, would further reduce utility liability. UBS analyst Gregg Orrill cited PG&E's ( PCG ) attractive top quartile earnings per share growth outlook of ~9% through 2030, compared to 7% priced into the stock, and improving wildfire mitigation framework, also noting the company's plans to raise its dividend payout ratio to 20% in 2028. Key catalysts in H2 2026 include legislation strengthening California’s wildfire risk framework and a favorable resolution of the electric and gas rate case, the analyst said, adding that enhanced state-level liability support could materially narrow PG&E's ( PCG ) P/E utility discount, which currently stands at 43% compared to the 5%-15% range before the 2017 wildfires. The California Earthquake Authority, the state's wildfire fund administrator, has been gathering recommendations and will make a report to the legislature April 1, which should build upon a submission from the California Public Utility Commission that was consistent with a joint investor-owned utility submission, Orrill said, adding that utilities, CPUC, and consumer advocate TURN agree that customers and utilities still carry too big a financial risk. More on PG&E PG&E Starting To Climb Out Of Valuation Pit PG&E: An Undervalued Utility PG&E Q4 2025 Earnings Call Presentation
Key points: Kinetik is a midstream energy company operating in the Permian Basin that's set to benefit from the recent surge in energy prices. The stock already pays a hefty 7.1% dividend that the company expects to grow by 3% to 5% this year. The payout will grow even bigger next year as increasing cash flows trigger a bigger dividend growth plan. Analysts are starting to love the stock and Raymo...
Key points: Kinetik is a midstream energy company operating in the Permian Basin that's set to benefit from the recent surge in energy prices. The stock already pays a hefty 7.1% dividend that the company expects to grow by 3% to 5% this year. The payout will grow even bigger next year as increasing cash flows trigger a bigger dividend growth plan. Analysts are starting to love the stock and Raymond James sees it as a takeover target. Midstream energy company Kinetik Holdings (KNTK) already pays a monster dividend and had plans to grow it significantly over the coming years. With natural gas and oil prices surging from the Iran conflict, the payout could be set to grow even more than planned. I am a buyer. Currently, Houston-based Kinetik pays a 7.1% dividend yield, higher than most of its peers in the midstream space. The shares are on the move this year, up 26% so far as the jump in oil and natural gas attracts new investors to energy stocks. The company was formed in 2012 as EagleClaw Midstream and has rapidly grown through acquisitions, with the pivotal one being the merger of EagleClaw and Altus Midstream four years ago. That acquisition made Kinetik the largest publicly-traded midstream energy company serving the Delaware Basin, the western, deeper portion of the Permian Basin. Why Kinetik is different What sets Kinetik apart from more well-known midstream energy companies like Kinder Morgan, Enterprise Products and Energy transfer is its greater price sensitivity, something I believe investors are going to want this year. Kinetik is more upstream focused than the others that have long-haul pipelines as a primary business. Kinetik's businesses are natural gas and oil processing and storage, as well as the water handling and disposal systems needed in fracking. With prices surging, its clients are set to get a whole lot busier this year in the form of drilling more wells for oil and natural gas. That should give a boost to Kinetik's business as well. How much o...
This article first appeared on GuruFocus. Microsoft (MSFT, Financials) is adding Anthropic AI technology to its Copilot platform as it moves into AI powered workplace automation.The business launched Copilot Cowork to automate hard operations like designing apps, managing massive datasets, and making spreadsheets. The solution uses Anthropic's Claude Cowork technology, which Silicon Valley recentl...
This article first appeared on GuruFocus. Microsoft (MSFT, Financials) is adding Anthropic AI technology to its Copilot platform as it moves into AI powered workplace automation.The business launched Copilot Cowork to automate hard operations like designing apps, managing massive datasets, and making spreadsheets. The solution uses Anthropic's Claude Cowork technology, which Silicon Valley recently lauded for its AI agent capabilities.In its business Copilot ecosystem, Microsoft will provide Copilot Cowork to early-access users later this month. Anthropic's Claude Sonnet models are added to Microsoft 365 Copilot, expanding Microsoft's AI relationships. The platform formerly used OpenAI models.Microsoft said their strategy stresses business security and data governance, which may appeal to AI automation enterprises concerned about data access and system monitoring.Microsoft 365 Copilot, priced at $30 per user per month for corporate clients, will feature the new capabilities. Additional use may be purchased separately.As AI rivalry heats up, investors may watch how AI agents change corporate software demand.
Looking at the universe of stocks we cover at Dividend Channel , in trading on Wednesday, shares of Brookfield Infrastructure Corp (Symbol: BIPC) were yielding above the 4% mark based on its quarterly dividend (annualized to $1.62), with the stock changing hands as low as $39.99 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have...
Looking at the universe of stocks we cover at Dividend Channel , in trading on Wednesday, shares of Brookfield Infrastructure Corp (Symbol: BIPC) were yielding above the 4% mark based on its quarterly dividend (annualized to $1.62), with the stock changing hands as low as $39.99 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return. To illustrate, suppose for example you purchased shares of the iShares Russell 3000 ETF (IWV) back on 5/31/2000 — you would have paid $78.27 per share. Fast forward to 5/31/2012 and each share was worth $77.79 on that date, a loss of $0.48 or 0.6% decrease over twelve years. But now consider that you collected a whopping $10.77 per share in dividends over the same period, increasing your return to 13.15%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.0%; so by comparison collecting a yield above 4% would appear considerably attractive if that yield is sustainable. Brookfield Infrastructure Corp (Symbol: BIPC) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets. In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Brookfield Infrastructure Corp, looking at the history chart for BIPC below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 4% annual yield. Click here to find out which 9 other dividend stocks just recently went on sale » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Looking at the universe of stocks we cover at Dividend Channel , in trading on Friday, shares of FNB Corp (Symbol: FNB) were yielding above the 3% mark based on its quarterly dividend (annualized to $0.48), with the stock changing hands as low as $15.92 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable s...
Looking at the universe of stocks we cover at Dividend Channel , in trading on Friday, shares of FNB Corp (Symbol: FNB) were yielding above the 3% mark based on its quarterly dividend (annualized to $0.48), with the stock changing hands as low as $15.92 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return. To illustrate, suppose for example you purchased shares of the iShares Russell 3000 ETF (IWV) back on 5/31/2000 — you would have paid $78.27 per share. Fast forward to 5/31/2012 and each share was worth $77.79 on that date, a loss of $0.48 or 0.6% decrease over twelve years. But now consider that you collected a whopping $10.77 per share in dividends over the same period, increasing your return to 13.15%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.0%; so by comparison collecting a yield above 3% would appear considerably attractive if that yield is sustainable. FNB Corp (Symbol: FNB) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets. In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of FNB Corp, looking at the history chart for FNB below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 3% annual yield. Click here to find out which 9 other dividend stocks just recently went on sale » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
People deposit their mail-in ballots for the US presidential election at a ballot collection box in Phoenix, Arizona on October 18, 2020. Robyn Beck | Afp | Getty Images A federal grand jury issued a subpoena for records of the Arizona state Senate's audit of 2020 election results in Maricopa County , a Democratic stronghold that President Donald Trump lost that year, contributing to his loss of t...
People deposit their mail-in ballots for the US presidential election at a ballot collection box in Phoenix, Arizona on October 18, 2020. Robyn Beck | Afp | Getty Images A federal grand jury issued a subpoena for records of the Arizona state Senate's audit of 2020 election results in Maricopa County , a Democratic stronghold that President Donald Trump lost that year, contributing to his loss of the state to former President Joe Biden , the Senate president said on Monday. "The FBI has the records," wrote Senate President Warren Petersen, a Republican, in a post on the social media site X , which said he received a subpoena for those records last week and that he complied with it. The issuance of the subpoena suggests that the Department of Justice has expanded its investigation into the 2020 election results, and much-debunked allegations by Trump and supporters of his that he was cheated out of victory that year by widespread ballot fraud. The subpoena came about five weeks after the FBI raided an election facility in Fulton County, Georgia , and seized ballots from the 2020 election. Read more CNBC politics coverage Trump vows executive order to 'fix' college sports NIL payments 'mess' Trump says defense CEOs agree to quadruple production of 'Exquisite Class' weaponry Trump tariffs: Customs and Border Protection tells judge it can't comply with refund order Analysis: Tough jobs report puts Trump's Iran war plans to the test Fulton County, like Maricopa County, was the focus of claims by Trump that he was swindled out of victory in 2020. Trump touted a report by the right-wing media site Just the News about the subpoena. "Great!!!" Trump wrote on Truth Social. "FBI secretly seizes election records from Arizona's largest county as voting probe expands." Biden's victory in Arizona and Georgia helped give him the edge over Trump in the Electoral College, the entity that determines the winner of presidential contests. This is developing news. Check back for updates. C...
tadamichi/iStock via Getty Images The following segment was excerpted from the Virtus Large Cap Growth SMA Q4 2025 Commentary. Portfolio Review The Silvant Large Cap Growth SMA returned +2.69% (gross)/+1.94% (net) for the quarter, outperforming the Russell 1000 Growth Index's return of +1.12%. Healthcare, communication services, financials, and industrials stock selection all contributed to perfor...
tadamichi/iStock via Getty Images The following segment was excerpted from the Virtus Large Cap Growth SMA Q4 2025 Commentary. Portfolio Review The Silvant Large Cap Growth SMA returned +2.69% (gross)/+1.94% (net) for the quarter, outperforming the Russell 1000 Growth Index's return of +1.12%. Healthcare, communication services, financials, and industrials stock selection all contributed to performance. Consumer discretionary stock selection detracted the most from returns. Eli Lilly ( LLY ) and Alphabet ( GOOG ) were among the top stock contributors to relative performance. Pharmaceutical company Eli Lilly outperformed after trading sideways for much of the year. In November, the company agreed to Most-Favored-Nation (MFN) pricing for its obesity and Type II diabetes GLP-1 therapies. This expands access to the roughly 40 million prediabetic and obese seniors in the Medicare population, where GLP-1s had not been covered due to cost, compared to the eight million U.S. patients that are currently using the treatments. The company also received a Commissioner's National Priority Review Voucher to expedite FDA reviews for its oral obesity medication, which should enable the drug to launch six months earlier than expected. We held steady with the stock given these positive tailwinds. Technology giant Alphabet posted another strong quarter, with key metrics across its major business lines beating and accelerating expectations, driven largely by strength in AI innovations. The launch of Gemini 3, its newest large language model, helped cement the company's AI leadership, outperforming on benchmark scores and driving a surge in monthly active usage to roughly 650 million, aided by integration into its Google search bar. We maintained the position based on the company's continued market strength and impressive AI monetization potential across its business segments. Royal Caribbean ( RCL ) and O'Reilly Automotive ( ORLY ) were among the largest stock detractors from relative ...
This article first appeared on GuruFocus. Micron Technology (NASDAQ:MU) shares rose 2% on Monday after Citi maintained its Buy rating and lifted the price target to $430 from $385, citing strong memory pricing and AI-driven demand, according to a Monday investor note. The memory chipmaker is set to report second-quarter results on March 18. Citi analysts led by Atif Malik raised estimates for the ...
This article first appeared on GuruFocus. Micron Technology (NASDAQ:MU) shares rose 2% on Monday after Citi maintained its Buy rating and lifted the price target to $430 from $385, citing strong memory pricing and AI-driven demand, according to a Monday investor note. The memory chipmaker is set to report second-quarter results on March 18. Citi analysts led by Atif Malik raised estimates for the quarter, pointing to year-to-date gains in DRAM and NAND average selling prices (ASPs). DRAM ASPs are projected to climb about 171% year-over-year in 2026, driven by data center demand, while NAND ASPs could rise roughly 127% amid strong enterprise SSD uptake. Reports also indicate Samsung increased DRAM prices 100% quarter-over-quarter in the first quarter. Citi noted a key debate among investors is whether Micron is entering an extended memory cycle reminiscent of the 1990s Windows PC DRAM boom, supported by AI growth and constrained new fabrication capacity. Historical comparisons suggest the stock could sustain gains, though analysts caution second-quarter outperformance may moderate following first-quarter price surges. Separately, Susquehanna maintained a Positive rating on Micron and raised its price target to $525 from $345, reflecting optimism around continued memory market strength.
Live Nation股价周一尾盘上涨4.6%，此前有报道称，该公司已就一起可能导致其被迫出售Ticketmaster的反垄断诉讼与美国司法部达成和解。 据媒体周一早些时候报道称，协议确实已经达成，关键之处在于这家娱乐巨头得以免于与Ticketmaster拆分，作为交换，它需要为其他主办方在Live Nation旗下场馆竞争业务提供便利。 据媒体援引的一位司法部官员的话称，自3月2日庭审开始以来，...