Earnings Call Insights: Pure Cycle Corporation (PCYO) Q3 2026 Management View CEO Mark Harding said the company had “another great quarter and continued execution of our business,” adding that the “most notable” development was a “refreshing of our liquidity after accelerating the development time line of our Phase 2D,” which he tied to a “mild winter” and earlier lot delivery. CEO Harding reporte...
Earnings Call Insights: Pure Cycle Corporation (PCYO) Q3 2026 Management View CEO Mark Harding said the company had “another great quarter and continued execution of our business,” adding that the “most notable” development was a “refreshing of our liquidity after accelerating the development time line of our Phase 2D,” which he tied to a “mild winter” and earlier lot delivery. CEO Harding reported Q3 “$8.2 million in revenue” and “$4.3 million in gross profits,” and said this implied “about a 52% margin,” while also saying Q3 strength reflected “percent complete revenue recognition in advance of Phase 2 ahead of typical seasonal schedule.” CEO Harding said board changes included “a couple of resignations of 2 Board members that are related to a 13D filer,” adding, “There’s no drama with these,” and that the SPV “holds about 13% of the stock.” CEO Harding said “total water revenues were strengthened by better-than-expected industrial water sales compared to last year,” and described industrial demand as “a very high-margin business for us,” adding the company continues investing to ensure capacity because operators “do pay a premium for that availability.” CEO Harding said the company delivered “approximately 430 lots in the last 18 months,” and noted Phase 2E is “right around 159, 160 lots,” while highlighting two “new builders to the portfolio, Pulte and Oakwood Homes.” CEO Harding described a single-family rental “pivot,” saying, “instead of looking at bringing 100 -- up to 100 units online, we’re backing that off into the high 60s, low 70 unit time frame,” while emphasizing leasing momentum: “we’ve got most I think almost every one of these homes are leased as they deliver.” CFO Marc Spezialy said the company “opened up the lines now” for Q&A but did not provide separate prepared financial commentary beyond introductions. Outlook CEO Harding said the company was “a little ahead of our schedule on guidance,” and added it was “optimistic and looking forward to a v...
The broadening trade was in full effect on Thursday, but that doesn’t mean tech was left behind. The Nasdaq led gains, up 1.3%. The S&P 500 rose 0.8%. The Dow inched up 129 points or 0.3%. But unlike the narrow leadership that dominated previous AI bull market rallies, Big Tech wasn’t the only one pulling its weight.
The broadening trade was in full effect on Thursday, but that doesn’t mean tech was left behind. The Nasdaq led gains, up 1.3%. The S&P 500 rose 0.8%. The Dow inched up 129 points or 0.3%. But unlike the narrow leadership that dominated previous AI bull market rallies, Big Tech wasn’t the only one pulling its weight.
Entered into global collaboration with Roche for bexobrutideg, with potential total payments of up to $2.3 billion, including $700 million upfront payment
Entered into global collaboration with Roche for bexobrutideg, with potential total payments of up to $2.3 billion, including $700 million upfront payment
After a blockbuster first half for U.S. equities, investors are entering the back half of the year with a more complicated backdrop. With the Nasdaq 100 trading near record highs thanks to the AI-fueled rally, investors are weighing whether earnings can continue to justify elevated valuations, how quickly the Federal Reserve may hike interest rates and whether geopolitical risks could spark renewe...
After a blockbuster first half for U.S. equities, investors are entering the back half of the year with a more complicated backdrop. With the Nasdaq 100 trading near record highs thanks to the AI-fueled rally, investors are weighing whether earnings can continue to justify elevated valuations, how quickly the Federal Reserve may hike interest rates and whether geopolitical risks could spark renewed volatility. That backdrop makes valuation an increasingly important consideration. CNBC Pro screened the Nasdaq 100 for stocks that combine strong fundamentals with attractive prices and came up with the following names: Each of these stocks is a member of the Invesco QQQ Trust (QQQ) , has a buy rating or equivalent from least 55% of the analysts covering the stock, offers at least 35% upside to the average analyst price target, and trades at a forward price-to-earnings ratio below the Nasdaq 100's forward multiple of roughly 27. Chip giant Nvidia is the biggest stock on the list and also the most widely endorsed by analysts, with 83.3% of those covering it rating it a buy. Bitcoin corporate buyer Strategy is the smallest company represented, with a market value of $35.3 billion. At its current price, it has about 200% upside potential based on the analysts' average price target. It's also priced at just 8.2 times projected earnings. Behind Strategy, fintech giant Intuit offers the second-highest implied upside, with analysts' average price target pointing to gains of about 74%. About 70% of the analysts that cover it give it a buy rating.
The following companies are expected to report earnings prior to market open on 07/10/2026. Visit our Earnings Calendar for a full list of expected earnings releases.Delta Air Lines, Inc. (DAL)is reporting for the quarter ending June 30, 2026. The airline company's consensus ear
The following companies are expected to report earnings prior to market open on 07/10/2026. Visit our Earnings Calendar for a full list of expected earnings releases.Delta Air Lines, Inc. (DAL)is reporting for the quarter ending June 30, 2026. The airline company's consensus ear
Riwoe’s commanding new book traces a Chinese Australian family across four generations – all connected by one old longan tree It’s the year 2049 and Daniel Connelly is 75 years old. Eccentric and lonely after decades of self-imposed isolation, his existence is “spartan”, a “relentless searching, a yearning for pieces that fit together to make a new whole”. He spends his days making sculptures from...
Riwoe’s commanding new book traces a Chinese Australian family across four generations – all connected by one old longan tree It’s the year 2049 and Daniel Connelly is 75 years old. Eccentric and lonely after decades of self-imposed isolation, his existence is “spartan”, a “relentless searching, a yearning for pieces that fit together to make a new whole”. He spends his days making sculptures from broken pottery; the shards of his life. During a warm winter’s day, Daniel steps outside to find that the longan tree in his garden has fallen during a storm. The tree was an heirloom of sorts – a family emblem of home and belonging for generations before him. Continue reading...
Western Digital (NASDAQ: WDC) could be one of the quieter winners of the AI buildout as data storage becomes harder to ignore. The upside case is built on cloud demand, pricing power, and AI-driven data growth, but the stock's huge rally raises a tougher question about expectations. Stock prices used were the market prices of June 25, 2026. The video was published on July 7, 2026. Continue reading
Western Digital (NASDAQ: WDC) could be one of the quieter winners of the AI buildout as data storage becomes harder to ignore. The upside case is built on cloud demand, pricing power, and AI-driven data growth, but the stock's huge rally raises a tougher question about expectations. Stock prices used were the market prices of June 25, 2026. The video was published on July 7, 2026. Continue reading
As the digital divide closes, investors are asking whether AT&T (NYSE:T) or Verizon Communications (NYSE:VZ) is the better choice for income and stability in a high-speed, 5G-connected world. AT&T has pivoted back to its roots, focusing on its fiber-to-the-home and wireless bundling strategy. Verizon maintains the nation's largest wireless subscriber base while aggressively acquiring fiber infrast...
As the digital divide closes, investors are asking whether AT&T (NYSE:T) or Verizon Communications (NYSE:VZ) is the better choice for income and stability in a high-speed, 5G-connected world. AT&T has pivoted back to its roots, focusing on its fiber-to-the-home and wireless bundling strategy. Verizon maintains the nation's largest wireless subscriber base while aggressively acquiring fiber infrastructure to match its rival. Both companies offer high dividends but carry significant debt, making this comparison a study in balance-sheet management. AT&T operates a massive connectivity business providing wireless and fiber broadband under brands like Cricket and AT&T Fiber. The company serves approximately 145 million wireless subscribers and nearly 2.5 million business customers across North America. As the landscape for communication stocks evolves, it is expanding its 'Build-A-Plan' bundling service and acquiring fiber assets from Lumen Technologies (NYSE:LUMN) . Continue reading
Sundry Photography/iStock Editorial via Getty Images Introduction Although cybersecurity concerns have become increasingly common as AI models have become better, I think the real concern came after Anthropic decided to not release their latest model, Mythos. Project Glasswing arose after Anthropic considered Mythos having reached a “level of coding capability where they can surpass all but the mo...
Sundry Photography/iStock Editorial via Getty Images Introduction Although cybersecurity concerns have become increasingly common as AI models have become better, I think the real concern came after Anthropic decided to not release their latest model, Mythos. Project Glasswing arose after Anthropic considered Mythos having reached a “level of coding capability where they can surpass all but the most skilled humans at finding and exploiting software vulnerabilities.” With Anthropic only sharing this model with its partners, this added fuel to the cybersecurity concerns, and therefore companies like CrowdStrike Holdings, Inc. ( CRWD ) have increased 83% since project Glasswing. CrowdStrike is one of, if not the only, SaaS that has done well in the SaaSpocalypse, and I believe it has to do with two catalysts having the same component: Security. Before I explain my thesis, I want to discuss how the SaaSpocalypse applies to CrowdStrike and why I think it is immune. I have written multiple reports on how AI affects different kinds of SaaS companies, and this is yet another case of AI probably increasing the value proposition of its services and making it even more indispensable. In a relatively short time, CrowdStrike is still very popular, with more than 88,000 organizations relying on its products. The essence of its product is having a sensor on every device in the corporation. Every laptop, desktop, server, and cloud workload. This sensor running across the organization’s entire fleet feeds one unified platform that the organization has standardized its workflows on Falcon. It becomes THE security tool for the entire organization, and removing it would mean retooling security operations across the enterprise. Its land-and-expand strategy, similar to ServiceNow ( NOW ), works via customers starting with a few modules and adding over time. Modules such as cloud security, identity, exposure management, etc., increase the moat and the retention. Net retention , which meas...
ngkaki/iStock via Getty Images Investment Overview The stock of AstraZeneca PLC ( AZN ) has fallen in value by >6% in early trading today, as the Anglo-Swedish pharma giant reported the unexpected news that its CARDIO-TTRansform Phase 3 study of its drug Wainua (eplontersen): did not meet the primary efficacy endpoint of the composite outcome of cardiovascular ("CV") mortality and recurrent CV cli...
ngkaki/iStock via Getty Images Investment Overview The stock of AstraZeneca PLC ( AZN ) has fallen in value by >6% in early trading today, as the Anglo-Swedish pharma giant reported the unexpected news that its CARDIO-TTRansform Phase 3 study of its drug Wainua (eplontersen): did not meet the primary efficacy endpoint of the composite outcome of cardiovascular ("CV") mortality and recurrent CV clinical events up to 140 weeks compared with placebo. Wainua was generally well tolerated, with a safety profile consistent with previous results. Ionis Pharmaceuticals, Inc. ( IONS ), the developer of eplontersen and partner of AstraZeneca ( AZN ) on the program, also experienced a significant decline in its stock price of ~20%, to a price of ~$66 per share. Ionis' market cap valuation has fallen to ~$10.8bn. AstraZeneca ADRs are now worth ~$175 per share, and the pharma's market cap valuation is presently ~$270.6bn. Analysis - Why Eplotersen's Study Fail Is Such A Significant Setback For Ionis & AstraZeneca When I covered Ionis in a note for Seeking Alpha in late May, I assigned the stock a Strong Buy rating, noting that Ionis was a California-based biopharma company focused on oligonucleotide antisense technology (using RNA to intercept genetic messaging and increase, decrease, or alter the production of specific proteins) that had secured approvals for multiple drugs: Spinraza, indicated to treat spinal muscular atrophy ("SMA"); Tegsedi, indicated for polyneuropathy of hereditary transthyretin amyloidosis ("hATTR"); Waylivra, for familial chylomicronemia syndrome ("FCS") (approved in Europe, Canada, and Brazil, but not the U.S.); Wainua (eplontersen), in polyneuropathy of hereditary transthyretin-mediated amyloidosis ("ATTRv-PN"); Qalsody, in adults with amyotrophic lateral sclerosis ("ALS") with an SOD1 mutation; Tryngolza, in familial chylomicronemia syndrome ("FCS") in 2024, and in Severe Hypertriglyceridemia and Acute Pancreatitis Risk Reduction (approval in June this...
Fourth T20i: England, 159-1 beat India, 158-6, by 9 wickets Brook scores 79, Salt 59 to win with six overs remaining England’s recent heatwave continued in Bristol, India wilting to lose their cool, the game and the series in what turned into another bizarrely one-sided encounter. Timid with the bat, poor in the field, error-prone with the ball and swift to accept the inevitability of defeat, this...
Fourth T20i: England, 159-1 beat India, 158-6, by 9 wickets Brook scores 79, Salt 59 to win with six overs remaining England’s recent heatwave continued in Bristol, India wilting to lose their cool, the game and the series in what turned into another bizarrely one-sided encounter. Timid with the bat, poor in the field, error-prone with the ball and swift to accept the inevitability of defeat, this was a complete horror show from the world champions and a performance of complete dominance from Harry Brook’s burgeoning team, who won by nine wickets and will overtake their opponents as world No1 if they win the final game of the series in Southampton on Saturday. Two days earlier it was England’s bowlers who shredded their opponents on their way to a 125-run win at Trent Bridge. This time, well as their bowlers performed to limit India to 159, it was their batters – and one of them in particular. Chasing an obviously under-par total, England started slowly and awkwardly and Jos Buttler was dismissed early for eight – the former captain’s form is a genuine issue, and he has not scored an international half-century in this format since the Old Trafford runfest against South Africa last September, a run of 18 innings in which he has averaged just 15.16. But his departure brought out his successor, Brook scooped his second ball for six, and from that moment there was no stopping him. Continue reading...
In trading on Thursday, shares of Sabine Royalty Trust (Symbol: SBR) crossed below their 200 day moving average of $73.39, changing hands as low as $72.77 per share. Sabine Royalty Trust shares are currently trading off about 1.1% on the day. The chart below shows the one year
In trading on Thursday, shares of Sabine Royalty Trust (Symbol: SBR) crossed below their 200 day moving average of $73.39, changing hands as low as $72.77 per share. Sabine Royalty Trust shares are currently trading off about 1.1% on the day. The chart below shows the one year
In trading on Thursday, shares of the ARK Next Generation Internet ETF (Symbol: ARKW) crossed above their 200 day moving average of $146.33, changing hands as high as $148.77 per share. ARK Next Generation Internet shares are currently trading up about 1.6% on the day. The cha
In trading on Thursday, shares of the ARK Next Generation Internet ETF (Symbol: ARKW) crossed above their 200 day moving average of $146.33, changing hands as high as $148.77 per share. ARK Next Generation Internet shares are currently trading up about 1.6% on the day. The cha
At Holdings Channel, we have reviewed the latest batch of the 56 most recent 13F filings for the 06/30/2026 reporting period, and noticed that State Street SPDR S&P 500 ETF Trust (Symbol: SPY) was held by 41 of these funds. When hedge fund managers appear to be thinking alik
At Holdings Channel, we have reviewed the latest batch of the 56 most recent 13F filings for the 06/30/2026 reporting period, and noticed that State Street SPDR S&P 500 ETF Trust (Symbol: SPY) was held by 41 of these funds. When hedge fund managers appear to be thinking alik
Meta’s decision to make its in-house chip could be a boon for Applied Materials, Lam Research, and KLA, which all make equipment that turns raw silicon wafers into microchips.
Meta’s decision to make its in-house chip could be a boon for Applied Materials, Lam Research, and KLA, which all make equipment that turns raw silicon wafers into microchips.