A new national institution, the brainchild of revered artist Sir Quentin Blake, shows this overlooked artform is finally getting the recognition it deserves “What is the use of a book … without pictures or conversation?” the heroine of Alice’s Adventures in Wonderland complains. When you think of Alice, you probably imagine John Tenniel’s 19th-century engravings. Roald Dahl’s BFG is now synonymous...
A new national institution, the brainchild of revered artist Sir Quentin Blake, shows this overlooked artform is finally getting the recognition it deserves “What is the use of a book … without pictures or conversation?” the heroine of Alice’s Adventures in Wonderland complains. When you think of Alice, you probably imagine John Tenniel’s 19th-century engravings. Roald Dahl’s BFG is now synonymous with Sir Quentin Blake’s big-eared giant, and the much-loved Gruffalo owes as much to Axel Scheffler’s drawings as Julia Donaldson’s rhymes. And yet illustration nearly always plays second fiddle to words. Caught between fine art and publishing, it is often overlooked as a highly skilled craft in its own right. Hopefully, this is about to change with the opening of the first permanent home for illustration in the UK, and the largest of its kind in the world. The centre is the brainchild of 93-year-old Sir Quentin Blake, who gives it his name and huge archive of 40,000 drawings. Many wonderful creations – crocodiles, birds, babies who transform into dragons – have sprung from Blake’s imagination. This museum, in a cleverly repurposed 17th-century former waterworks in London’s Clerkenwell, will celebrate the history and future of illustration in all its guises. Continue reading...
My research had found that corporate governance mechanisms, such as board of directors and active shareholders, tend to complement and balance each other to drive a company’s performance. Strong corporate governance helps sustain strong stock performance. Tech companies are growing on steroids.
My research had found that corporate governance mechanisms, such as board of directors and active shareholders, tend to complement and balance each other to drive a company’s performance. Strong corporate governance helps sustain strong stock performance. Tech companies are growing on steroids.
Actor Anthony Head, best known for his roles in Buffy The Vampire Slayer and Ted Lasso, has died at the age of 72, his family announced on Friday. The British actor, the brother of singer Murray Head, was best known as librarian Rupert Giles in the cult US supernatural television series starring Sarah Michelle Gellar, which ran from 1997 to 2003. “It is with heavy hearts that we announce the death...
Actor Anthony Head, best known for his roles in Buffy The Vampire Slayer and Ted Lasso, has died at the age of 72, his family announced on Friday. The British actor, the brother of singer Murray Head, was best known as librarian Rupert Giles in the cult US supernatural television series starring Sarah Michelle Gellar, which ran from 1997 to 2003. “It is with heavy hearts that we announce the death of our extraordinary father, Anthony Head,” his daughters Emily and Daisy Head, said in a statement...
Earnings Call Insights: G-III Apparel Group (GIII) Q1 fiscal 2027 Management View "We're very pleased with our first quarter performance, which came in ahead of expectations driven by continued momentum across our go-forward portfolio and disciplined management of the P&L." (CEO & Chairman Morris Goldfarb) "And that brings me to our recently announced acquisition of the iconic Marc Jacobs brand in...
Earnings Call Insights: G-III Apparel Group (GIII) Q1 fiscal 2027 Management View "We're very pleased with our first quarter performance, which came in ahead of expectations driven by continued momentum across our go-forward portfolio and disciplined management of the P&L." (CEO & Chairman Morris Goldfarb) "And that brings me to our recently announced acquisition of the iconic Marc Jacobs brand in partnership with WHP Global, which represents a significant milestone for G-III and is strongly aligned to our vision of strategic transformation." (CEO & Chairman Goldfarb) "We expect the transaction to be dilutive in the first year, however, we anticipate accretion thereafter." (CEO & Chairman Goldfarb) "Long term, we believe the business can generate $1 billion in annual revenues for G-III." (CEO & Chairman Goldfarb) "Following the U.S. Supreme Court's decision in February, the U.S. Court of International Trade ordered U.S. Customs and Border Protection to refund IEEPA tariffs." (CFO & Treasurer Neal Nackman) Outlook "Today, we're reiterating our guidance for fiscal 2027 net sales to be approximately $2.71 billion and are raising our guidance for non-GAAP EPS, which is now expected to be $2.15 to $2.25, up from our prior outlook of $2 to $2.10." (CEO & Chairman Goldfarb) "Our outlook does not include any impact as a result of the pending Marc Jacobs transaction." (CFO & Treasurer Nackman) "For the second quarter of fiscal 2027, we expect net sales of approximately $570 million ... We expect non-GAAP net income in the second quarter of between $7 million and $11 million or $0.15 to $0.25 per diluted share." (CFO & Treasurer Nackman) Financial Results "Net sales for the first quarter ended April 30, 2026, were $536 million down 8% compared to $584 million in the same period last year." (CFO & Treasurer Nackman) "As a result of this ruling and other available information, we have assessed that the recovery of previously paid IEEPA tariffs is probable." (CFO & Treasurer Nac...
Elen11/iStock via Getty Images Rocket Lab's ( RKLB ) shares have surged 43% since my last report , significantly outperforming my March price target , reflecting growing investor enthusiasm for the space sector. While the anticipated IPO of SpaceX could provide a valuation catalyst for space companies, I believe the investment case for Rocket Lab should also be based on its own growth prospects ra...
Elen11/iStock via Getty Images Rocket Lab's ( RKLB ) shares have surged 43% since my last report , significantly outperforming my March price target , reflecting growing investor enthusiasm for the space sector. While the anticipated IPO of SpaceX could provide a valuation catalyst for space companies, I believe the investment case for Rocket Lab should also be based on its own growth prospects rather than the potential for a sector-wide re-rating. Rocket Lab has steadily expanded beyond launch services into satellite design, space systems, and, potentially, the future deployment and operation of satellite constellations. Rocket Lab is often viewed as the closest pure-play public alternative to SpaceX, as it does not include any AI business that seems to be a driving force behind the SpaceX valuation narrative. Given the strong share price appreciation and the company's latest financial results, I am revisiting Rocket Lab following its Q1 2026 earnings report to reassess its growth outlook and update my price target. Rocket Lab Sales Top $200 Million Rocket Lab earnings (Rocket Lab (Earnings Presentation)) First quarter revenues increased 63.5% to $200.3 million. Launch revenues increased almost 80% to $63.7 million. The number of launches increased by one or 20%. So, the launch services segment benefited from higher pricing per launch. Launch prices can vary due to the composition and timing of launches. Multi-launch deals often are locked at a lower dollar value per launch, and launches that were booked in earlier years can often also carry a lower dollar value. Space Systems sales grew 57% to $136.7 million, driven by higher SDA sales on Tranche II and Tranche III contracts. As the business scales substantially, the non-GAAP gross margins rose from 33.4% to 43%. Sequentially, revenues increased 11.5% with lower launch services sales being offset by SDA Tranche III tracking layer sales. Adjusted EBITDA improved sequentially, despite a higher share of lower-margin ...
metamorworks/iStock via Getty Images Quantum stocks across the board took a tumble on Friday following Quantinuum's ( QNT ) initial public offering on the Nasdaq on Thursday. Quantinuum shares dropped 8% by early afternoon trading, taking it below its IPO price of $60 during its second day on the market. The company originally planned to price shares in the $45 to $50 range, but strong buyer deman...
metamorworks/iStock via Getty Images Quantum stocks across the board took a tumble on Friday following Quantinuum's ( QNT ) initial public offering on the Nasdaq on Thursday. Quantinuum shares dropped 8% by early afternoon trading, taking it below its IPO price of $60 during its second day on the market. The company originally planned to price shares in the $45 to $50 range, but strong buyer demand pushed up the price and the number of shares offered. Moments after hitting the Nasdaq, the price jumped more than 10% but had settled down to a hair above the IPO price by the time the closing bell rang. The IPO generated nearly $1.7B for Quantinuum and pushed its valuation to more than $15B. IonQ ( IONQ ) and D-Wave Quantum ( QBTS ) both sank 12% by afternoon trading on Friday. Rigetti Computing (RGBI) plunged 12.5%, and Quantum Computing ( QUBT ) fell by 9%. IBM ( IBM ), which is a highly diversified tech titan, also has a strong quantum research department. Big Blue was down 6%. However, the broader market was also in the red, as evidenced by the Nasdaq ( COMP:IND ) falling nearly 3%, the Dow Jones ( DJI ) down 0.8%, and the S&P 500 ( SP500 ) falling 1.7%. The tech indices were also heavy in the red, as the Philadelphia Semiconductor Index ( SOX ) plunged 8% and the iShares Expanded Tech-Software Sector ETF ( IGV ) dropped 3.5%. More on Quantinuum and Rigetti D-Wave Quantum Inc. (QBTS) Analyst/Investor Day Transcript Wall Street Lunch: Quantinuum Soars 12% On Nasdaq Debut Following $1.7B IPO D-Wave Quantum Inc. (QBTS) Analyst/Investor Day - Slideshow Quantum sector gets boost as Quantinuum IPO signals industry maturity - analyst Quantinuum makes IPO debut as quantum era approaches
RHJ/iStock via Getty Images Botswana is in talks with the United Arab Emirates and Oman to help the diamond-rich country acquire a "strategic" stake in De Beers from Anglo American ( AAUKF ) ( NGLOY ) , President Duma Boko said Friday in an interview with Bloomberg. "We are looking at reliable, trusted partners," Boko told Bloomberg. "The Omanis and the U.A.E. have now claimed that spot. So any op...
RHJ/iStock via Getty Images Botswana is in talks with the United Arab Emirates and Oman to help the diamond-rich country acquire a "strategic" stake in De Beers from Anglo American ( AAUKF ) ( NGLOY ) , President Duma Boko said Friday in an interview with Bloomberg. "We are looking at reliable, trusted partners," Boko told Bloomberg. "The Omanis and the U.A.E. have now claimed that spot. So any opportunity that comes, whether in the diamond space or other, we will now be looking to engage with them." Anglo American ( AAUKF ) ( NGLOY ) is in the process of examining bidders for its 85% holding in De Beers, which mines most of its diamonds in Botswana, where the state already holds a 15% stake in the company. The government reportedly has also been in talks with neighboring Namibia and Angola in its push for control of De Beers. Cash-strapped Botswana is betting that control of De Beers will give it more say over the price and marketing of diamonds, which generate 80% of the country's total exports and 25% of its domestic gross product. More on Anglo American Anglo American: Solid Q1 Reinforces Copper-Led Re-Rating Story Seeking Alpha’s Quant Rating on Anglo American Historical earnings data for Anglo American
These are the companies making headlines in midday trading. Quantinuum — Shares dropped more than 8%. Quantinuum debuted on the Nasdaq Thursday to a lukewarm reception , closing flat on the day. Friday's decline brought the stock below its initial public offering price of $60 per share . A slate of quantum computing stocks slid alongside it, with shares of Rigetti Computing falling 13% and shares ...
These are the companies making headlines in midday trading. Quantinuum — Shares dropped more than 8%. Quantinuum debuted on the Nasdaq Thursday to a lukewarm reception , closing flat on the day. Friday's decline brought the stock below its initial public offering price of $60 per share . A slate of quantum computing stocks slid alongside it, with shares of Rigetti Computing falling 13% and shares of D-Wave Quantum slumping nearly 12%. Consumer staples, healthcare — The sectors were bright spots in Friday's sell-off as investors shunned tech names for defensive corners of the market. Consumer staples were last up 2%, as shares of Colgate-Palmolive, Coca-Cola and Procter & Gamble jumped more than 3%. The healthcare sector advanced 1.7%, with Insulet 's stock trading nearly 5% higher and Eli Lilly 's gaining almost 3%. FedEx Freight Holding Company — Shares popped more than 8% as the FedEx spinoff headed for a winning week. FedEx Freight, which focuses on the less-than-truckload industry, began trading on the New York Stock Exchange on June 1 . The stock is on track for a 6% gain on the week. Lululemon Athletica — Shares sank 9% after the athleisure company lowered its full-year earnings and revenue guidance , citing headwinds. The company's current-quarter earnings and revenue guidance also came below what analysts were expecting, per LSEG. Docusign — Shares slipped 6% after the software stock's outlook failed to impress the Street. The company sees second-quarter revenue in a range of $865 million to $869 million, encompassing the LSEG consensus estimate of $866 million. Chip stocks — A slew of companies saw shares drop again Friday, continuing declines after Broadcom's earnings report earlier this week. Broadcom 's stock was off 6%, after it fell more than 12% the day before. Shares of Advanced Micro Devices were off 8%, as were shares of Intel and Qualcomm . Shares of Arm slipped 10%. Nvidia 's stock shed more than 4%. Memory stocks — The chipmaker sell-off extende...
VICI Properties ( VICI ) snapped a weekly losing streak on Friday, climbing nearly 2% to $27.72 after briefly entering oversold territory. Despite the rebound, the casino REIT remains down 2.01% year-to-date and has lagged the broader S&P 500 ( SP500 ), which has gained 10.79% in the same period. The stock has been in a broad downtrend since March, sliding from above $30 to near $27 in early June....
VICI Properties ( VICI ) snapped a weekly losing streak on Friday, climbing nearly 2% to $27.72 after briefly entering oversold territory. Despite the rebound, the casino REIT remains down 2.01% year-to-date and has lagged the broader S&P 500 ( SP500 ), which has gained 10.79% in the same period. The stock has been in a broad downtrend since March, sliding from above $30 to near $27 in early June. However, the current surge came after the stock entered oversold territory. The RSI recovered from below 30, while the MACD turned positive, pointing to improving short-term momentum, but the sentiment has not fully reversed yet. Since reporting Q1 earnings on April 29, VICI Properties stock has fallen another 4.86% , even after raising the 2026 AFFO outlook to $2.44-$2.47 per share and posting 4.5% AFFO per-share growth. Management highlighted strong investment activity, with CEO Edward Pitoniak saying the company is focused on "investing accretively in experiential real estate of enduring value." President John Payne noted that the last two quarters marked "the first consecutive quarters" with more than $1B of new capital commitments. The company also maintains $3.1B in liquidity and leverage near 5x. Still, sentiment remains mixed. Cohen & Steers cut more than half of its stake during Q1, while Quant Ratings assigned a Hold rating of 3.39. However, Wall Street is also positive, with Scotiabank's Greg McGinniss raising his target to $32, while Deutsche Bank trimmed its target to $31. Seeking Alpha analysts remain bullish , citing VICI Properties 100% occupancy, 0.45/share quarterly dividend , and discounted 9.6x forward P/FFO valuation. More on VICI Properties VICI Properties: Buy This High-Yielding Blue Chip On Sale Now Why VICI Properties Is My Default Buy At Current Prices VICI Properties: Rolling The Dice These large-cap U.S. REIT stocks are screening cheapest based on valuation grades Cohen & Steers raises stakes in 28 US REITs, exits W. P. Carey among Q1 moves