DKosig/iStock via Getty Images Sure enough, IREN Limited ( IREN ) was one of my greatest 2025 calls. The stock has surged 254% since my initial coverage . And roughly 90% since my last piece in December . It has strongly outperformed the benchmark, and I am happy with the results. IREN: Stock Surged 254% Since My Initial Coverage (Seeking Alpha) Now, six months later I still think there's more ups...
DKosig/iStock via Getty Images Sure enough, IREN Limited ( IREN ) was one of my greatest 2025 calls. The stock has surged 254% since my initial coverage . And roughly 90% since my last piece in December . It has strongly outperformed the benchmark, and I am happy with the results. IREN: Stock Surged 254% Since My Initial Coverage (Seeking Alpha) Now, six months later I still think there's more upside ahead for IREN. If anything, I view catalysts developing favorably for the stock. And this makes me think that the AI name could outperform the benchmark further. So, I have decided to maintain my rating as a Strong Buy. Here's my bull case. Mixed Earnings Performance Doesn't Change the Long-Term Growth That's true. Although the company's historical earnings performance remains shaky, I think it's all about future revenue growth and the data center pivot. And on that front, the progress seems smooth so far. IREN: Historical Earnings (Seeking Alpha) It's also important to say here that misses are partially driven by Bitcoin's volatility. Sure enough, it hasn't been a great period for the crypto industry. But given IREN's stock price performance it seems that the market has at least partially detached it from the crypto landscape. So, to my point, although on the surface weak earnings performance appears shaky, investors seem to be fine with looking past it due to the AI pivot. So, roughly a month ago IREN posted Q3 2026 results. And spoiler alert, I liked the report a lot. IREN: Q3 2026 Results (IREN Limited Investor Relations) Now, clearly, the dependency on Bitcoin volatility remains a headwind. But structurally I don't see any significant concerns that would make me rethink my bull case around IREN. And as I have already pointed out, judging solely from the price action, I think the market views it as an AI play. And not a Bitcoin miner anymore. But quite frankly, if anything, I still believe that a Bitcoin rebound could act as a positive catalyst here. Simply because...
Over the last 7 days, the United States market has remained flat, yet it is up 26% over the past year with earnings forecasted to grow by 16% annually. In this environment, growth companies with high insider ownership and strong return on equity can be attractive opportunities for investors seeking alignment of interests and robust financial performance.
Over the last 7 days, the United States market has remained flat, yet it is up 26% over the past year with earnings forecasted to grow by 16% annually. In this environment, growth companies with high insider ownership and strong return on equity can be attractive opportunities for investors seeking alignment of interests and robust financial performance.
Senate votes 52-47 to fund ICE and border patrol for next three years, sending legislation to the House US politics live – latest updates The US Senate passed legislation to fund Donald Trump’s controversial immigration crackdown early on Friday morning, ending a partial government shutdown that has lingered since February. The 52-47 vote on funding for US Immigration and Customs Enforcement (ICE)...
Senate votes 52-47 to fund ICE and border patrol for next three years, sending legislation to the House US politics live – latest updates The US Senate passed legislation to fund Donald Trump’s controversial immigration crackdown early on Friday morning, ending a partial government shutdown that has lingered since February. The 52-47 vote on funding for US Immigration and Customs Enforcement (ICE) and the Department of Homeland Security (DHS) passed with no Democratic support at 5am, after a marathon session of votes to knock down proposed amendments. Continue reading...
FTI Consulting ( FCN ) has authorized an additional $370M to repurchase shares of its outstanding common stock under its stock repurchase program. As of June 2, 2026, FTI Consulting has repurchased ~19.1M shares at an average price per share of $107.94 since the repurchase program was originally authorized in June 2016, for an aggregate cost of ~$2.1B. More on FTI Consulting FTI Consulting, Inc. (...
FTI Consulting ( FCN ) has authorized an additional $370M to repurchase shares of its outstanding common stock under its stock repurchase program. As of June 2, 2026, FTI Consulting has repurchased ~19.1M shares at an average price per share of $107.94 since the repurchase program was originally authorized in June 2016, for an aggregate cost of ~$2.1B. More on FTI Consulting FTI Consulting, Inc. (FCN) Q1 2026 Earnings Call Transcript FTI Consulting, Inc. 2026 Q1 - Results - Earnings Call Presentation FTI Consulting Q1 2026 Earnings Preview FTI Consulting’s Faeste exits as CEO succession plan is scrapped: FT Seeking Alpha’s Quant Rating on FTI Consulting
Two megacap pullbacks, one decision: should a retirement-focused investor add Alphabet (NASDAQ: GOOGL) or Amazon (NASDAQ: AMZN) on this dip? Both have slipped over the past month, both are spending heavily on AI infrastructure, and both just blew past Q1 estimates. Yet only one of them looks like a clean entry for a portfolio built ... Alphabet vs Amazon: Which Is the Better Dip Buy Right Now?
Two megacap pullbacks, one decision: should a retirement-focused investor add Alphabet (NASDAQ: GOOGL) or Amazon (NASDAQ: AMZN) on this dip? Both have slipped over the past month, both are spending heavily on AI infrastructure, and both just blew past Q1 estimates. Yet only one of them looks like a clean entry for a portfolio built ... Alphabet vs Amazon: Which Is the Better Dip Buy Right Now?
Walmart ( WMT ) announced that it added Subway meals to its fast-delivery service as the retailer expands its e-commerce offerings in an increasingly competitive market. Beginning this month, customers in select locations can order Subway directly through the Walmart app or via its website and have their meal delivered in as little as 30 minutes or less, either on its own or alongside their Walmar...
Walmart ( WMT ) announced that it added Subway meals to its fast-delivery service as the retailer expands its e-commerce offerings in an increasingly competitive market. Beginning this month, customers in select locations can order Subway directly through the Walmart app or via its website and have their meal delivered in as little as 30 minutes or less, either on its own or alongside their Walmart Express Delivery orde The partnership makes sense since Subway is Walmart's ( WMT ) largest in-store restaurant tenant. Notably, the partnership marks Walmart's ( WMT ) first restaurant integration within Express Delivery and reflects the company's broader focus on helping customers simplify everyday life by bringing groceries, household essentials, fashion, prescriptions, and restaurant meals together in one convenient experience. Subway delivery is now live in select Walmart ( WMT ) stores across Connecticut, Florida, Georgia, Ohio, Pennsylvania, and Texas. The retailer giant indicated that it plans to expand the fast-delivery service for the restaurant chain to about 1,400 stores by late summer. Looking ahead, the initiative could be the beginning of a larger effort to deliver food from restaurants in a development that could threaten DoorDash ( DASH ) and Uber Eats ( UBER ). Of note, some Walmart ( WMT ) stores have mini-Dunkin' Donuts and McDonald's stores inside. "Almost all quick-service restaurant brands are located within five miles of Walmart; we think it’s a natural revolution over time to think through thoughtfully how we expand this service," highlighted Walmart ( WMT ) exec Greg Cathey. "Our first priority right now is we need to really focus on our in-store tenants and providing this service for them," he added. Shares of Walmart ( WMT ) edged 0.4% lower in premarket trading. DoorDash ( DASH ) was down 1.9%. More on Walmart Walmart Earnings Summary: Stock Testing 200-Day Moving Average After Earnings Walmart: The Valuation Basis Keeps Getting Worse Wall Str...
SpaceX is heading toward one of the largest equity offerings ever, and one of Wall Street’s most-followed futurists says investors can focus on the Starlink satellite broadband business alone. The Starlink business by itself, he argues, is enough to underwrite a valuation north of $2 trillion. That is the case Brett Winton, Chief Futurist at ... Famous Wall Street Futurist Says ‘Starlink Alone’ Ju...
SpaceX is heading toward one of the largest equity offerings ever, and one of Wall Street’s most-followed futurists says investors can focus on the Starlink satellite broadband business alone. The Starlink business by itself, he argues, is enough to underwrite a valuation north of $2 trillion. That is the case Brett Winton, Chief Futurist at ... Famous Wall Street Futurist Says ‘Starlink Alone’ Justifies SpaceX’s $2 Trillion Valuation at IPO. Here’s His Math.
The stock market headlines have been dominated by AI stocks and trillion-dollar IPOs, and for good reason. But it's important not to overlook the bargains available elsewhere in the market, including these three dirt cheap value stocks.
The stock market headlines have been dominated by AI stocks and trillion-dollar IPOs, and for good reason. But it's important not to overlook the bargains available elsewhere in the market, including these three dirt cheap value stocks.
US stocks head for its first weekly drop since March as the AI-fueled rally loses steam ahead of the May Jobs Report. Jensen Huang confirms that Nvidia has certified Samsung, SK Hynix, and Micron to supply the most advanced high-bandwidth products for its AI accelerators. Underwriters on SpaceX's IPO have been told not to accept orders from investors in Hong Kong and China, citing US restrictions ...
US stocks head for its first weekly drop since March as the AI-fueled rally loses steam ahead of the May Jobs Report. Jensen Huang confirms that Nvidia has certified Samsung, SK Hynix, and Micron to supply the most advanced high-bandwidth products for its AI accelerators. Underwriters on SpaceX's IPO have been told not to accept orders from investors in Hong Kong and China, citing US restrictions around the export of critical technology. Veronica Clark of Citi looks ahead to the May Payrolls Report. (Source: Bloomberg)
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Spotify . Getty Images Up for a challenge? Test your knowledge on the biggest events in the investing world over the past week. Take the latest Seeking Alpha News Quiz and see how you stack up against the competition. Good morning! Here's the latest in trending: Data incoming: The ...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Spotify . Getty Images Up for a challenge? Test your knowledge on the biggest events in the investing world over the past week. Take the latest Seeking Alpha News Quiz and see how you stack up against the competition. Good morning! Here's the latest in trending: Data incoming: The May nonfarm payrolls report is due today and is likely to show solid - but slower - job growth. SpaceX news: No, S&P won't change its rules for SPCX . And here's how you can invest in the IPO, starting with Fidelity . AI outlook: Anthropic ( ANTHRO ) warns what may happen if AI builds itself . Meanwhile, bot web traffic overtakes humans . 'Enough of war' Ukrainian President Volodymyr Zelenskyy has called for a face-to-face meeting with Russia's Vladimir Putin to end hostilities and instate a ceasefire during the negotiations. "Enough of war," Zelenskyy wrote in an open letter addressed to Putin. Direct talks: "We see that the United States is fully focused on the issue of Iran, and it would be wrong to simply wait until the war in Europe returns to the center of its attention," the Ukrainian leader stated in the letter. "Ukraine proposes ending this war through direct engagement between us — and you. Switzerland, Türkiye, the countries of the Arab world — many are able and willing to host such a meeting." Zelenskyy said Europe — "those who truly have the capacity to influence the situation" — and the U.S. should be part of this process. He affirmed that Ukraine would continue fighting for its existence, but warned Putin of Russians' growing fatigue with the war. "You, too, will have to fight much harder for your own existence — not Russia's, but your own. It is a fact of Russian history that you know well: when Russia grows tired, change comes." Word from Russia: "There is no need to suspend the hostilities to start negotiations," Putin told reporters on Thursday, while tou...
Airbus SE is falling behind on deliveries of the A321XLR, a longer-range version of its most popular jet, with Indian customer IndiGo unlikely to receive the full batch of nine units this year, according to people familiar with the matter. InterGlobe Aviation Ltd. , the operator of Asia’s largest low-cost carrier, was supposed to receive the XLRs by year’s end , but the time frame on some units ha...
Airbus SE is falling behind on deliveries of the A321XLR, a longer-range version of its most popular jet, with Indian customer IndiGo unlikely to receive the full batch of nine units this year, according to people familiar with the matter. InterGlobe Aviation Ltd. , the operator of Asia’s largest low-cost carrier, was supposed to receive the XLRs by year’s end , but the time frame on some units has been pushed back by several months, said the people, asking not to be identified because the information isn’t public. IndiGo has received two XLR jets so far, and they’re being used on routes to Athens and Istanbul. The airline was told the Middle East war is disrupting the planemaker’s supply chain, the people said. IndiGo is now negotiating with the France-based manufacturer for favorable delivery slots, the people said. An Airbus spokesperson said the company doesn’t comment on delivery schedules agreed upon with customers. IndiGo declined to comment. The XLR, which stands for “extra long range,” is meant to open long-haul routes for budget airlines that fly single-aisle aircraft rather than the more complex widebody models. IndiGo placed an order for 40 of the new aircraft. The XLR delays would represent another hurdle for IndiGo’s ambitious international expansion , which is under pressure from soaring jet-fuel costs and airspace restrictions. The carrier reported an unexpected loss in the first quarter and said this week it was suspending flights to Hong Kong and Shanghai until at least October. Airbus began delivering the XLR to customers last year. The plane combines the economics of a narrowbody aircraft with the range of a longer-range model such as the bigger A330. At the same time, flying long routes with an single-aisle airframe comes with operational complexities, making the aircraft more of a niche choice than the popular A321.
The decision to extend Clarke’s contract before his side have proved they can finally progress to the knockouts could be a needless risk The summit of Scottish football provides a wonderful environment for those who value long-term career stops. Neil Doncaster, chief executive of the Scottish Professional Football League, arrived at the then Scottish Premier League in 2009. Ian Maxwell, bizarrely ...
The decision to extend Clarke’s contract before his side have proved they can finally progress to the knockouts could be a needless risk The summit of Scottish football provides a wonderful environment for those who value long-term career stops. Neil Doncaster, chief executive of the Scottish Professional Football League, arrived at the then Scottish Premier League in 2009. Ian Maxwell, bizarrely headhunted from relegation-bound Partick Thistle, has been the Scottish Football Association’s chief executive since 2018. Scot Gemmill’s tenure as the nation’s under-21 manager has lasted a decade despite underwhelming results. Glass half full or half empty; either this is a domain that delivers admirable continuity or one in which no one makes sufficient progress to appeal to those in bigger ponds. Continue reading...