Alphabet Inc. (NASDAQ:GOOGL) is one of the best Seth Klarman portfolio stocks to buy. On July 2, Wells Fargo lowered its price target on Alphabet Inc. (NASDAQ:GOOGL) to $416 from $435, while maintaining its Overweight rating. Analyst Ken Gawrelski made the revision and noted that even with the lower target, he remains upbeat about Alphabet’s […]
Alphabet Inc. (NASDAQ:GOOGL) is one of the best Seth Klarman portfolio stocks to buy. On July 2, Wells Fargo lowered its price target on Alphabet Inc. (NASDAQ:GOOGL) to $416 from $435, while maintaining its Overweight rating. Analyst Ken Gawrelski made the revision and noted that even with the lower target, he remains upbeat about Alphabet’s […]
Amazon.com, Inc. (NASDAQ:AMZN) is one of the best Seth Klarman portfolio stocks to buy. On July 2, Amazon.com, Inc. (NASDAQ:AMZN) confirmed it has now launched 396 satellites for Amazon Leo, its low Earth orbit broadband network formerly known as Project Kuiper. This milestone, the company said, is sufficient to begin an initial rollout of internet […]
Amazon.com, Inc. (NASDAQ:AMZN) is one of the best Seth Klarman portfolio stocks to buy. On July 2, Amazon.com, Inc. (NASDAQ:AMZN) confirmed it has now launched 396 satellites for Amazon Leo, its low Earth orbit broadband network formerly known as Project Kuiper. This milestone, the company said, is sufficient to begin an initial rollout of internet […]
MicroStockHub The average 30-year fixed-rate mortgage continues to hover in the mid-6% range, but affordability has improved somewhat as the economy grows. The 30-year fixed-rate mortgage averaged 6.49% for the week ended July 9, 2027, up from the prior week's 6.43%, according to the Freddie Mac ( FMCC ) Primary Mortgage Market Survey. That's still down from the 6.72% average seen a year ago. The ...
MicroStockHub The average 30-year fixed-rate mortgage continues to hover in the mid-6% range, but affordability has improved somewhat as the economy grows. The 30-year fixed-rate mortgage averaged 6.49% for the week ended July 9, 2027, up from the prior week's 6.43%, according to the Freddie Mac ( FMCC ) Primary Mortgage Market Survey. That's still down from the 6.72% average seen a year ago. The 15-year fixed-rate mortgage averaged 5.82% vs. 5.79% in the previous week and 5.86% a year ago. "M ortgage rates have not changed much recently, but economic growth and housing affordability continue to improve for homebuyers as they shop for homes in today’s market," said Freddie Mac Chief Economist Sam Khater. More on the Housing Market Existing home sales unexpectedly dip in June Mortgage demand slips in holiday-shortened week, MBA says 5 Signs Of A Struggling U.S. Consumer And Economy
The second-quarter earnings season begins next week. As usual, the big banks will kick off earnings season, with the first reports on Tuesday, July 14. So, what should we expect? After all, share prices ultimately follow earnings. Many factors can move stocks in the short term (wars, oil price spikes, unexpected economic data, or policy moves by the Federal Reserve are a few). But if you want to g...
The second-quarter earnings season begins next week. As usual, the big banks will kick off earnings season, with the first reports on Tuesday, July 14. So, what should we expect? After all, share prices ultimately follow earnings. Many factors can move stocks in the short term (wars, oil price spikes, unexpected economic data, or policy moves by the Federal Reserve are a few). But if you want to get a sense of where the stock market is heading in the medium and long term, watching earnings is a great start. Right now, analysts estimate that S&P 500 (SNPINDEX: ^GSPC) companies' earnings in Q2 will rise 23.3% from the same quarter a year ago. That's according to FactSet , an authoritative source of earnings data. If that estimate proves correct, it would mark the second consecutive quarter of earnings growth above 20% for the index. (Analysts focus on the S&P 500 because it tracks the 500 largest U.S.-listed companies and represents about 80% of the total market capitalization of all U.S. companies.) Continue reading
Earnings Call Insights: Northern Technologies International Corporation (NTIC) Q3 2026 Management view CEO Patrick Lynch said, “Strong global demand and increasing adoptions of our ZERUST corrosion prevention and Natur-Tec bioplastic solutions drove quarterly consolidated sales to new record highs,” while disruptions in the Strait of Hormuz “contributed to a significant increase in our raw materia...
Earnings Call Insights: Northern Technologies International Corporation (NTIC) Q3 2026 Management view CEO Patrick Lynch said, “Strong global demand and increasing adoptions of our ZERUST corrosion prevention and Natur-Tec bioplastic solutions drove quarterly consolidated sales to new record highs,” while disruptions in the Strait of Hormuz “contributed to a significant increase in our raw material costs.” CEO Lynch tied profitability pressure to geopolitics, saying, “Higher input costs reduced our gross margin by approximately 477 basis points year over year,” and added, “we estimate that gross profit was negatively affected by approximately $1 million.” CEO Lynch framed near-term execution priorities around mix and applications, saying NTIC is “focused on the initiatives within our control to drive more profitable growth, including expanding sales of our higher margin ZERUST Oil & Gas solutions and broadening Natur-Tec applications globally.” CEO Lynch highlighted liquidity and an asset sale, saying, “Our liquidity and financial flexibility remain solid,” supported by “anticipated proceeds of more than $1 million from the pending sale of our Beachwood, Ohio facility, which is expected to close in fiscal 2027.” CFO Matthew Wolsfeld said, “Compared to the prior fiscal year period, NTIC's consolidated net sales increased 12.6% in the fiscal 2026 third quarter,” and added, “Total operating expenses for the fiscal 2026 third quarter increased 5.3% to $10.2 million.” CFO Wolsfeld said profitability was pressured by inputs, stating, “Gross profit as a percentage of net sales was 33.6%,” and “We expect gross margin to improve sequentially for the fourth quarter of fiscal 2026.” Outlook Management did not provide quantitative revenue or EPS guidance in the prepared remarks; the outlook commentary centered on margin recovery and operating leverage. CEO Lynch said, “We believe that the third quarter cost pressure was temporary, and we are pursuing pricing and procurement ini...
Maskot/DigitalVision via Getty Images Underlying fund selection strengthened relative results, notably in equity. Asset allocation effects were generally supportive in shorter-dated portfolios and detractive in portfolios furthest from retirement. How were market conditions in the first quarter of calendar 2026? Global equity markets experienced a challenging first quarter of 2026. Non-US markets ...
Maskot/DigitalVision via Getty Images Underlying fund selection strengthened relative results, notably in equity. Asset allocation effects were generally supportive in shorter-dated portfolios and detractive in portfolios furthest from retirement. How were market conditions in the first quarter of calendar 2026? Global equity markets experienced a challenging first quarter of 2026. Non-US markets began the year strongly, helped by a weaker US dollar, improving sentiment toward Europe, continued enthusiasm for semiconductors and artificial intelligence (AI) and renewed investor interest in lower-valued markets. By contrast, the United States lagged as the market broadened away from a concentration in large growth stocks. The quarter became more challenging in March as equities slipped. The escalation of the Iran conflict drove a sharp rise in oil and gas prices, and reduced confidence that central banks would ease policy quickly. US equities endured a difficult first quarter as geopolitical risk intensified. Technology shares came under pressure as investors questioned whether rising AI-related capital expenditure would translate into adequate returns, accelerating a rotation away from technology that helped value shares outperform their growth peers. The backdrop became more challenging in March as conflict in the Middle East disrupted energy markets and sharply lifted oil prices, adding inflation risk to already fragile sentiment. In both January and March, the US Federal Reserve (Fed) left the federal funds target range unchanged, while describing inflation as still somewhat elevated and uncertainty about the outlook as high. Macroeconomic releases over the period pointed to slower but still positive growth, alongside mixed progress on inflation and a softer labor market. The US Consumer Price Index data fell year-on-year in January and held steady in February. European equities were volatile but ended the first quarter slightly lower overall. At the start of the ...
New plaintiffs in a lawsuit against Elon Musk's SpaceXAI and Stability AI say the companies' AI tools were used to make sexually explicit images of them as children. (Image credit: Pablo Vera)
New plaintiffs in a lawsuit against Elon Musk's SpaceXAI and Stability AI say the companies' AI tools were used to make sexually explicit images of them as children. (Image credit: Pablo Vera)
NVIDIA (NASDAQ:NVDA) has maintained its status as the world’s most valuable company for most of the past two years. Now trading at a valuation of a little more than $4.7 trillion, Nvidia has seen roughly $4 billion of market capitalization added over the past five years, as this chip giant has seen its market capitalization ... Nvidia’s $4 Trillion Run Is Rewriting the Rules of Tech Investing
NVIDIA (NASDAQ:NVDA) has maintained its status as the world’s most valuable company for most of the past two years. Now trading at a valuation of a little more than $4.7 trillion, Nvidia has seen roughly $4 billion of market capitalization added over the past five years, as this chip giant has seen its market capitalization ... Nvidia’s $4 Trillion Run Is Rewriting the Rules of Tech Investing
Redwood Trust ( RWT ) shares jumped 7% after KBW upgraded it to Outperform from Market Perform as shares remain down ~15% YTD. The brokerage, however, reduced its price target on the stock to $6 from $7. "We think much of the recent weakness has been technical as RWT shares weredropped from the S&P SmallCap 600 Index after the close on Tuesday," analysts led by Bose George said. RWT +7.68% to $5.1...
Redwood Trust ( RWT ) shares jumped 7% after KBW upgraded it to Outperform from Market Perform as shares remain down ~15% YTD. The brokerage, however, reduced its price target on the stock to $6 from $7. "We think much of the recent weakness has been technical as RWT shares weredropped from the S&P SmallCap 600 Index after the close on Tuesday," analysts led by Bose George said. RWT +7.68% to $5.12. More on Redwood Trust RWTS: A 9.75% Senior Note IPO From Redwood Trust Redwood Trust, Inc. (RWT) Q1 2026 Earnings Call Transcript Redwood Trust, Inc. 2026 Q1 - Results - Earnings Call Presentation Redwood Trust declares $0.18 dividend Redwood Trust prices $125M senior notes offering at 9.75% due 2031
Key PointsPepsiCo maintains a dominant global presence with a diversified portfolio of snack and beverage brands and a critical partnership with Walmart.
Key PointsPepsiCo maintains a dominant global presence with a diversified portfolio of snack and beverage brands and a critical partnership with Walmart.
Getty Images By Wei Liao Perpetuals, Options, and the Shift From Access to Infrastructure Introduction Between 2024 and early 2026, the crypto market underwent a structural transformation. What had functioned as a retail-led and speculative market became more institutional in ownership, more intermediated in trading, and more closely integrated with traditional financial infrastructure. By May 202...
Getty Images By Wei Liao Perpetuals, Options, and the Shift From Access to Infrastructure Introduction Between 2024 and early 2026, the crypto market underwent a structural transformation. What had functioned as a retail-led and speculative market became more institutional in ownership, more intermediated in trading, and more closely integrated with traditional financial infrastructure. By May 2026, total crypto market capitalization had fallen roughly 40% below its October 2025 peak to about $2.49 trillion (Source: CoinMarketCap ). Yet the drawdown looked different from prior cycles, supported by deeper institutional participation, more developed derivatives markets, broader ETF adoption, and a larger base of stablecoin liquidity. Stablecoin market capitalization reached a record $323 billion (Source: DeFiLlama ), underscoring the growing role of on-ledger dollar liquidity even during the broader crypto correction. Reflecting market maturation, deeper liquidity, and broader institutional participation, Bitcoin's 90-day realized volatility declined from 117% in 2018 and stabilized near 32% at the end of May 2026. Tracked ETF vehicles, corporate treasuries, and other institutional or public holders now account for roughly 18.5% of bitcoin supply (Source: BitcoinTreasuries ). Bitcoin offers the clearest lens into this structural transition because its ETF history, derivatives depth, and ownership data are the most developed among cryptocurrencies. But the underlying dynamics extend beyond bitcoin. The broader shift is from exposure to functionality . ETFs helped bring crypto into traditional portfolios while stablecoins and tokenized assets are beginning to move selected settlement, collateral, issuance, and servicing workflows onto blockchain-based rails. Four structural shifts define the post-ETF era, beginning in 2024: Spot ETFs created a durable bridge between regulated portfolios and digital assets, making crypto more broadly investable within familiar compliance...
James Rolevink/iStock Editorial via Getty Images AeroVironment's ( AVAV ) long-term growth story may be intact, but investors could face a lengthy wait before the defense technology company's ambitious financial targets translate into higher share prices. RBC Capital Markets on Thursday downgraded AeroVironment ( AVAV ) to Sector Perform from Outperform and cut its price target to $180 from $210, ...
James Rolevink/iStock Editorial via Getty Images AeroVironment's ( AVAV ) long-term growth story may be intact, but investors could face a lengthy wait before the defense technology company's ambitious financial targets translate into higher share prices. RBC Capital Markets on Thursday downgraded AeroVironment ( AVAV ) to Sector Perform from Outperform and cut its price target to $180 from $210, arguing that the drone and defense systems maker faces growing execution risks as it pursues aggressive revenue and margin expansion goals through the end of the decade. The analyst firm said investor concerns about competition are likely overblown. Instead, the bigger challenge may be convincing Wall Street that AeroVironment can deliver the sharp acceleration in growth and profitability outlined at its recent investor day while navigating a potentially slower defense spending environment. Growth story remains compelling RBC acknowledged that AeroVironment operates in some of the fastest-growing areas of defense technology, including autonomous systems, precision strike weapons, counter-drone platforms and directed-energy systems. The firm said management did a credible job outlining how products such as Switchblade, Titan, Mayhem-10 and Locust fit into expanding addressable markets. The company is targeting revenue growth from approximately $2 billion in fiscal 2026 to between $3.5 billion and $4 billion by fiscal 2030, implying a 15% to 20% compound annual growth rate. Management is also aiming for adjusted EBITDA margins of 18% to 20% by fiscal 2030. But RBC argued that those goals may prove difficult to achieve. "Out-year ramp in both margins and revenue growth, in-light of expected flat budgets, will limit investor confidence in the outyear forecasts," analyst Ken Herbert wrote. Fiscal 2030 targets face scrutiny The downgrade centers largely on the gap between AeroVironment's near-term guidance and its long-term aspirations. For fiscal 2027, the company is projecting ...
Wirestock/iStock via Getty Images Key Takeaways Markets: The first quarter of 2026 was characterized by elevated geopolitical risk and accelerating AI-driven disruption across the software sector and its incumbent business models. The period was shaped by a series of international developments, including the capture and indictment of Nicolás Maduro, escalating diplomatic tensions between the US an...
Wirestock/iStock via Getty Images Key Takeaways Markets: The first quarter of 2026 was characterized by elevated geopolitical risk and accelerating AI-driven disruption across the software sector and its incumbent business models. The period was shaped by a series of international developments, including the capture and indictment of Nicolás Maduro, escalating diplomatic tensions between the US and European NATO allies over Greenland, and a US-Israeli military operation against Iran. Contributors: Sector and issue selection contributed to performance. Detractors: Rates positioning as yields rose. Outlook: Geopolitical tensions remain a defining feature of the outlook, with the Middle East conflict introducing ongoing uncertainty and contributing to oil price volatility as supply routes face occasional disruption. Even with these pressures, the global economic backdrop is gradually improving as fiscal support, easier financial conditions and moderating inflation help strengthen the 2026 outlook. Performance Review Rates positioning detracted from performance as yields rose. Overweight positioning to industrial revenue and transportation sectors contributed to performance. Issue selection within leasing, special tax and water & sewer sectors also contributed to performance. Allocation to high-yield credit was also beneficial to performance. Outlook In the US, policy tailwinds and deregulation continue to support activity despite signs of softer labor conditions. Europe and the United Kingdom face trade and labor-market challenges but easing inflation and selective fiscal measures offer stabilization. China's recovery remains policy-driven amid structural constraints, while Japan's persistent inflation supports further policy normalization. Credit markets remain supported by strong fundamentals and healthy demand, with issuance elevated by AI-related capex, M&A and refinancing needs. Morningstar Rating™ Overall Rating as of March 31, 2026 ★ ★ ★ (3-Star) Class A ★ ★ ★ ★...