BlueCo ownership can point to commitment of Caicedo Jan Paul van Hecke and Alex Scott are players of interest Moisés Caicedo has handed Chelsea a major boost after verbally agreeing a new deal with the club. The midfielder has been a star performer since his £115m move from Brighton in 2023 and his decision to extend his current deal represents a show of faith in the Chelsea project after a turbul...
BlueCo ownership can point to commitment of Caicedo Jan Paul van Hecke and Alex Scott are players of interest Moisés Caicedo has handed Chelsea a major boost after verbally agreeing a new deal with the club. The midfielder has been a star performer since his £115m move from Brighton in 2023 and his decision to extend his current deal represents a show of faith in the Chelsea project after a turbulent period, with the club rocked by Enzo Fernández and Marc Cucurella using recent interviews to question the direction of travel at Stamford Bridge . Continue reading...
NextNav ( NN ) shares gained over 20% during afternoon trading on Thursday after Oppenheimer upgraded the stock to Outperform from Perform, with a price target of $25. The brokerage firm believes that the FCC Notice of Proposed Rule Making (NPRM) approval of NN's re-banding is imminent. Oppenheimer analyst Timothy Horan highlighted that the company would receive an additional 1 MHz of spectrum, gi...
NextNav ( NN ) shares gained over 20% during afternoon trading on Thursday after Oppenheimer upgraded the stock to Outperform from Perform, with a price target of $25. The brokerage firm believes that the FCC Notice of Proposed Rule Making (NPRM) approval of NN's re-banding is imminent. Oppenheimer analyst Timothy Horan highlighted that the company would receive an additional 1 MHz of spectrum, giving it a contiguous 15 MHz (5.1B MHz-POPs) in the lower 900 MHz band. “The spectrum could be worth substantially more than $0.80, depending on FCC restrictions on power and coverage, which will be disclosed in the NPRM, similar recent sales have been above $2 per MHz-POP.” The brokerage firm also sees several strategic acquirers across wireless/satellite, with AT&T the most logical fit, but SpaceX and Verizon Communications are also credible buyers. NextNav shares have gained nearly 24% so far this year, outperforming the benchmark S&P 500, which has gained 2.6% during the same period. More on NextNav NextNav signals progress on FCC NPRM and launches 5G-powered PNT commercialization while expanding global partnerships Seeking Alpha’s Quant Rating on NextNav Historical earnings data for NextNav
In trading on Thursday, the VanEck Rare Earth/Strategic Metals ETF is outperforming other ETFs, up about 4.6% on the day. Components of that ETF showing particular strength include shares of Sigma Lithium, up about 13.8% and shares of Albemarle, up about 9.4% on the day. And u
In trading on Thursday, the VanEck Rare Earth/Strategic Metals ETF is outperforming other ETFs, up about 4.6% on the day. Components of that ETF showing particular strength include shares of Sigma Lithium, up about 13.8% and shares of Albemarle, up about 9.4% on the day. And u
The S&P 500 Index ($SPX ) (SPY ) today is down -0.15%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.06%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.21%. June E-mini S&P futures (ESM26 ) are down -0.16%, and June E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) today is down -0.15%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.06%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.21%. June E-mini S&P futures (ESM26 ) are down -0.16%, and June E-mini Nasdaq futures...
DuniaDaw/iStock via Getty Images It's been a year since I wrote about the YieldMax GOOGL Option Income Strategy ETF ( GOOY ). At the time of the earlier thesis, markets were crashing due to tariff uncertainties. I had taken a Hold stance primarily because single stock based covered call writing strategies cannot be seen in isolation — the underlying moves do impact the total returns trajectory of ...
DuniaDaw/iStock via Getty Images It's been a year since I wrote about the YieldMax GOOGL Option Income Strategy ETF ( GOOY ). At the time of the earlier thesis, markets were crashing due to tariff uncertainties. I had taken a Hold stance primarily because single stock based covered call writing strategies cannot be seen in isolation — the underlying moves do impact the total returns trajectory of the income variant. And GOOY did not look like a route for total returns, especially with Google already at the lows at that point. That picture has changed today. Alphabet Inc. ( GOOG ) has already rallied by ~100% over the past year. And it has been consolidating since October. Theoretically, that could be a time when covered calls become more relevant and can generate income on their own, even if the underlying goes nowhere. GOOY's structure shows a call spread setup which ensures sharp upside can be captured reasonably well. That means premium harvesting is compromised to an extent, but GOOY somewhat offsets that trade-off by an aggressive call coverage seen today. All in all, given where we are in the Google capex cycle and expectations of a flatter regime for the next few quarters, GOOY could be a decent tool to generate stable income. How GOOY is Set Up I downloaded GOOY's full holdings as of April 15th 2026, and saw around 6.6k contracts set up as a synthetic long exposure (selling puts and buying strikes at a $310 strike). That accounts for the fund's AUM too at ~$210 million (6.6 thousand contracts x 100 multiple x ~$320-$340 share price range now). The covered call layer is implemented as a spread. Calls at near strikes are written (across 3 strikes ranging from $317.5 to $322.5 - with ~70% of the writing activity at the farthest strike). For each call written, a call is bought $7.5 away. That's a laddered call spread structure, which means net premiums received are lower than simply selling covered calls. The ladder and spread setup ensures that any sharp upside...
In trading on Thursday, drugs shares were relative laggards, down on the day by about 1%. Helping drag down the group were shares of PDS Biotechnology, down about 10.3% and shares of Akebia Therapeutics off about 9.4% on the day. Also lagging the market Thursday are biotechnol
In trading on Thursday, drugs shares were relative laggards, down on the day by about 1%. Helping drag down the group were shares of PDS Biotechnology, down about 10.3% and shares of Akebia Therapeutics off about 9.4% on the day. Also lagging the market Thursday are biotechnol
In trading on Thursday, trucking shares were relative leaders, up on the day by about 4.2%. Leading the group were shares of J.B. Hunt Transport Services, up about 7.7% and shares of Universal Logistics Holdings up about 7.2% on the day. Also showing relative strength are educ
In trading on Thursday, trucking shares were relative leaders, up on the day by about 4.2%. Leading the group were shares of J.B. Hunt Transport Services, up about 7.7% and shares of Universal Logistics Holdings up about 7.2% on the day. Also showing relative strength are educ
Costco Wholesale today announced that its Board of Directors has declared a quarterly cash dividend on Costco common stock and approved a quarterly increase from $1.30 to $1.47 per share, $5.88 on an annualized basis. The quarterly dividend is payable May 15, 2026, to shareholde
Costco Wholesale today announced that its Board of Directors has declared a quarterly cash dividend on Costco common stock and approved a quarterly increase from $1.30 to $1.47 per share, $5.88 on an annualized basis. The quarterly dividend is payable May 15, 2026, to shareholde
The Rev Catherine Hutton says ‘hate cannot drive out hate’ after protesters gathered to demand information about suspects The minister of a church near the scene of an alleged gang-rape in Epsom has condemned the “intimidating” protest involving hundreds of people gathering in the Surrey town to demand information about the suspects from police. A woman in her 20s is believed to have been assaulte...
The Rev Catherine Hutton says ‘hate cannot drive out hate’ after protesters gathered to demand information about suspects The minister of a church near the scene of an alleged gang-rape in Epsom has condemned the “intimidating” protest involving hundreds of people gathering in the Surrey town to demand information about the suspects from police. A woman in her 20s is believed to have been assaulted outside Epsom Methodist church in Ashley Road after leaving Labyrinth nightclub on Saturday between 2am and 4am, according to Surrey police. Continue reading...
hxdbzxy/iStock via Getty Images Industrial stocks ( XLI ) have surged to their most expensive valuations relative to the S&P 500 ( SPY ) ( VOO ) in nearly four decades, Bank of America Securities said in a Thursday note, as the sector attracts heavy investor interest across multiple themes. The firm said industrials ( XLI ) now trade at peak relative price-to-forward earnings, with buyside exposur...
hxdbzxy/iStock via Getty Images Industrial stocks ( XLI ) have surged to their most expensive valuations relative to the S&P 500 ( SPY ) ( VOO ) in nearly four decades, Bank of America Securities said in a Thursday note, as the sector attracts heavy investor interest across multiple themes. The firm said industrials ( XLI ) now trade at peak relative price-to-forward earnings, with buyside exposure at record levels. Investors are treating the sector as a bundled bet on defense spending, artificial intelligence-linked capital investment and energy sensitivity. BofA noted that many non-energy companies with high oil betas sit inside industrials, allowing the sector to function as “closet energy” for portfolios facing constraints around owning fossil fuel producers directly. That dynamic has helped industrials benefit even as hedge funds' energy ( XLE ) allocations remain structurally light, the note said. Bank of America Securities Below is a list of the top 10 highest-ranked industrial stocks according to the Seeking Alpha Quant system (r atings are given on a scale from 1 to 5, with any rating of 3.5 or above considered bullish and any rating of 2.5 or below considered bearish) : Babcock & Wilcox Enterprises, Inc. ( BW ); Quant rating: 4.99; Industry: Heavy Electrical Equipment; Market cap: $2.48B Commercial Vehicle Group, Inc. ( CVGI ), 4.98, Construction Machinery & Heavy Transportation Equipment, $134.86M Tigo Energy, Inc. ( TYGO ), 4.95, Electrical Components and Equipment, $303.44M Seanergy Maritime Holdings Corp. ( SHIP ), 4.93, Marine Transportation, $315.71M Modine Manufacturing Company ( MOD ), 4.91, Building Products, $12.56B FedEx Corporation ( FDX ), 4.91, Air Freight and Logistics, $87.07B Diana Shipping Inc. ( DSX ), 4.90, Marine Transportation, $279.28M ATI Inc. ( ATI ), 4.85, Aerospace and Defense, $21.40B Deluxe Corporation ( DLX ), 4.84, Commercial Printing, $1.30B MYR Group Inc. ( MYRG ), 4.80, Construction and Engineering, $4.98B More on Industri...
Alphabet (GOOG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Alphabet (GOOG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Micron Technology, Inc. is leveraging the high demand for high-bandwidth memory chips and artificial intelligence servers to strengthen its global market rank.
Micron Technology, Inc. is leveraging the high demand for high-bandwidth memory chips and artificial intelligence servers to strengthen its global market rank.
Bonds tied to US prime auto loans are weakening, signaling that investors are getting slightly more worried about the strength of consumers as more borrowers fall behind on car debt payments. Risk premiums on bonds backed by prime auto loans have climbed to their highest level in around a year, or about 1.45 percentage point above a benchmark, according to recent data from JPMorgan Chase & Co. for...
Bonds tied to US prime auto loans are weakening, signaling that investors are getting slightly more worried about the strength of consumers as more borrowers fall behind on car debt payments. Risk premiums on bonds backed by prime auto loans have climbed to their highest level in around a year, or about 1.45 percentage point above a benchmark, according to recent data from JPMorgan Chase & Co. for securities rated in the BBB tier. That compares with 1.2 percentage point at the end of February. Just 0.42% of prime auto loans were delinquent at the end of February, but that level is around the highest since 2017, according to Fitch Ratings data . For subprime borrowers, the figure in that month was closer to 6.8%, near record highs. Rising delinquencies are weighing on ratings for some of the securities. In a little- noticed development in late March, S&P Global Ratings downgraded six classes of Carvana Co. bonds, citing higher-than-expected losses on the pools of prime loans. Downgrades of securities backed by pools of high-quality auto loans are rare. Before Carvana, the last one came around the start of the 2010s. Much of the weakness in loan performance comes from vehicles financed in 2022 and 2023, before many banks tightened their lending standards again after relaxing them during the period of super-low interest rates during the Covid-19 pandemic. “Lenders are still dealing with issues in car loans made during the pandemic, before the toll of higher interest rates really set in,” said Michael Hislop , an analyst at Curasset Capital Management. “About 70% of America’s GDP is household consumption,” he added. “You want to pay very close attention to anything that’s going on with prime borrowers.” A spokesperson for Carvana declined to comment. All the downgraded Carvana bonds remain investment grade and, overall, risk premiums on prime auto asset-backed securities don’t indicate that investors are panicking. Even as it downgraded the six Carvana bonds, S&P also u...
(RTTNews) - After a firm start and a subsequent rise to higher levels, the Canadian market pared gains on Thursday as investors took some profits, cashing in on recent gains.
(RTTNews) - After a firm start and a subsequent rise to higher levels, the Canadian market pared gains on Thursday as investors took some profits, cashing in on recent gains.
Wenjie Zheng/iStock Editorial via Getty Images U.S. Rep. Ritchie Torres, D-N.Y., has asked the CEOs of Delta Air Lines ( DAL ), United Airlines ( UAL ), Southwest Airlines ( LUV ), and JetBlue Airways ( JBLU ) to lower their fares if and when fuel costs decline. “If airline pricing is truly tied to global fuel costs, then it must be truly responsive when those costs decline," Torres said in a lett...
Wenjie Zheng/iStock Editorial via Getty Images U.S. Rep. Ritchie Torres, D-N.Y., has asked the CEOs of Delta Air Lines ( DAL ), United Airlines ( UAL ), Southwest Airlines ( LUV ), and JetBlue Airways ( JBLU ) to lower their fares if and when fuel costs decline. “If airline pricing is truly tied to global fuel costs, then it must be truly responsive when those costs decline," Torres said in a letter to the airline CEOs, according to CNBC . “I call on you to publicly commit to lowering costs associated with air travel should jet fuel prices decline. The American people deserve fairness and pricing models that do not only reflect market conditions, but also economic justice," Torres added. CNBC said JetBlue, Southwest, and Delta didn't immediately comment on the congressman's remarks, while United declined to comment. More on United Airlines United Airlines And American Airlines Merger Looks Huge But It Shouldn't Happen United Airlines: Iran Conflict Gift United Airlines Holdings, Inc. (UAL) Presents at JPMorgan Industrials Conference 2026 Transcript SA Asks: Which airlines are most likely to pursue merger deals? Will airline M&A take off in 2026?
The war with Iran has been the dominant storyline in the oil markets this year. Iran has attacked oil infrastructure across the Persian Gulf and has effectively closed the Strait of Hormuz to tanker traffic. These developments have fueled a sharp rise in oil prices. While the war has disrupted seaborne oil shipments from the Persian Gulf, U.S. oil exports are at record highs. They'll likely remain...
The war with Iran has been the dominant storyline in the oil markets this year. Iran has attacked oil infrastructure across the Persian Gulf and has effectively closed the Strait of Hormuz to tanker traffic. These developments have fueled a sharp rise in oil prices. While the war has disrupted seaborne oil shipments from the Persian Gulf, U.S. oil exports are at record highs. They'll likely remain elevated even after the war, as more countries seek to diversify their energy supplies to prevent future disruptions . That should benefit leading North American pipeline companies. Here are three energy companies with irreplaceable infrastructure crucial to fueling the global economy. Image source: Getty Images. Continue reading
Tesla, NasdaqGS:TSLA, has completed the tape out for its new AI5 chip, marking the final design phase for its latest in house AI processor. The company has also outlined progress on its follow up AI6 chip and Dojo3 system, highlighting a faster cadence in custom AI hardware development. Management framed these advances as core to future autonomy, robotics and data center products, including Optimu...
Tesla, NasdaqGS:TSLA, has completed the tape out for its new AI5 chip, marking the final design phase for its latest in house AI processor. The company has also outlined progress on its follow up AI6 chip and Dojo3 system, highlighting a faster cadence in custom AI hardware development. Management framed these advances as core to future autonomy, robotics and data center products, including Optimus and potential autonomous services. Tesla's AI5 milestone arrives as the stock trades at...
kontekbrothers/iStock via Getty Images In January, I downgraded 3PL provider Radiant Logistics ( RLGT ) from "B uy" to "S ell." Since then, the stock has surged 21.9%, and so you can view this as a horrible "S ell" call from my side. When stocks move so strongly against my rating, it is not a reason for me to ignore things but to carefully look at what I may have missed. In this report, I will do ...
kontekbrothers/iStock via Getty Images In January, I downgraded 3PL provider Radiant Logistics ( RLGT ) from "B uy" to "S ell." Since then, the stock has surged 21.9%, and so you can view this as a horrible "S ell" call from my side. When stocks move so strongly against my rating, it is not a reason for me to ignore things but to carefully look at what I may have missed. In this report, I will do that and update my price target for Radiant Logistics. Radiant Logistics Earnings Decline But Margins Remain Stable Radiant Logistics In the second quarter of FY26, revenues decreased 12.3% to $232.1 million, missing analyst estimates by $3.3 million. Operating income declined 14.2% to $7.5 million. Those are seemingly not impressive results, but they are also not horrible. We note that operating expenses declined more or less in line with revenues, with the cost of transportation, SG&A, and depreciation declining by 16.2%, 19.9%, and 29.2%, respectively, offset by higher personnel costs and operating partner commissions. As a result, operating margins were relatively stable at 3.22% compared to 3.3% a year ago. That is definitely a strong sign. In a depressed market, 3PL providers typically see margins of 1%-3%, and that is where Radiant Logistics is sitting right now. We also note that Radiant Logistics had non-recurring emergency air charter revenues in the comparable period last year. If we adjust for that, we get a better view of the recurring performance. Adjusted EBITDA grew from $6.1 million to $11.8 million, and that actually shows that the company did extremely well on its recurring business. The Mixed Picture From Middle East Disruptions With capacity tightening due to the Middle East reducing vessels and airplanes in operation, the capacity for shipping has tightened further, amplified by rerouting of ships and airplanes. Combined with higher oil prices, this leads to higher freight rates and a more complex logistics chain to navigate. That provides opportunitie...