Palantir CEO Alex Karp warned on Thursday that major AI companies risk being nationalized, saying the momentum has shifted toward those pushing for government control, as Sen. Bernie Sanders said he would soon introduce legislation giving the public a 50%...
Palantir CEO Alex Karp warned on Thursday that major AI companies risk being nationalized, saying the momentum has shifted toward those pushing for government control, as Sen. Bernie Sanders said he would soon introduce legislation giving the public a 50%...
Kirillm/iStock via Getty Images Investment Thesis There are two defining traits emerging through the first five months of the year that have become crystal clear to me when it comes to the AI trade. One, AI shows no signs of stopping. Enterprises are spending heavily on AI, with tokenomics taking over corporate IT budgets . Some of the most awaited AI companies are going public , fueling the AI tr...
Kirillm/iStock via Getty Images Investment Thesis There are two defining traits emerging through the first five months of the year that have become crystal clear to me when it comes to the AI trade. One, AI shows no signs of stopping. Enterprises are spending heavily on AI, with tokenomics taking over corporate IT budgets . Some of the most awaited AI companies are going public , fueling the AI trade further while the AI capex outlook gets revised higher, with some analysts now expecting AI capex to touch $800B . Two, AI faces certain supply risks because the entire semiconductor value chain is rushing to keep up with exponentially rising demand and rapidly changing AI infrastructure blueprints. The Iran war distorted some of those supply constraints, but that hasn’t appeared to impact AI’s demand for leading-edge semiconductor infrastructure, creating AI bottleneck winners. Earlier this year, I had already started shaping my portfolio to include more of these AI bottlenecks. I believe the current pullback offers investors like myself a healthy opportunity to increase portfolio exposure toward these AI bottleneck winners. I explain my rationale behind raising my exposure towards AI bottleneck stocks below. Why This Is The Right Time To Buy AI Bottleneck Stocks In my opinion, the current investment landscape requires investors to be selective with their trades, especially concerning AI. At a macro level, I believe the broad picture looks murky with quite a few headwinds, which makes it challenging in the near term to invest in broad-based indices, as I argued a few days ago . Inflation doesn't appear to back down, while yesterday’s jobs report came in unexpectedly stronger than expected , boosting the chances for a rate hike. But as I noted in my macro report from a few days ago, the Warsh-led Fed is looking to exercise a slightly contrarian interest rate policy, which keeps the outlook on inflationary pressures uncertain. Add likely incremental pressures to that unc...
cemagraphics/iStock via Getty Images I've covered W. P. Carey ( WPC ) a few times before. I think the management made some mistakes in the past (on the communication front). But generally, I think their decisions were solid. And I see that confirmed in WPC's stock price performance. But I even underestimated WPC. Despite some bullish articles, I rated it a hold the last time I covered it. And sinc...
cemagraphics/iStock via Getty Images I've covered W. P. Carey ( WPC ) a few times before. I think the management made some mistakes in the past (on the communication front). But generally, I think their decisions were solid. And I see that confirmed in WPC's stock price performance. But I even underestimated WPC. Despite some bullish articles, I rated it a hold the last time I covered it. And since then, it delivered a 17.5% total return. Seeking Alpha The last time I covered it was the end of October 2025. So with new data and a material valuation shift, I decided to prepare a follow-up coverage. I can say right from the get-go: I'm not changing my rating. With the share WPC holds in my portfolio, I prefer to keep it on hold. I want to collect dividends and invest elsewhere. I see some market risks. And I believe the valuation isn't attractive enough to buy. WPC's Portfolio Looks Very Solid One of the best diversification levels I like to look at diversification from different perspectives. I mean tenants, geographies, industries, etc. These are some go-to ideas. And WPC looks strong on each level. WPC's Investor Presentation I see that WPC ended last quarter with 1703 properties . They were leased to nearly 375 tenants. And the share of the top 10 of them is reasonable (18.3%). And WPC is one of the few REITs that have meaningful exposure abroad. Europe and other markets had a ~34% (combined) share in WPC's ABR. And in my eyes, it benefits WPC in a few ways. I'm thinking about a larger TAM, more deal flow, better access to capital, and diversification itself. Yes, its portfolio could have a better structure by property type. But WPC keeps making progress on that. I'd like to see an even higher share of industrial/warehouse properties (now ~63% total). And maybe retail. But for sure, I prefer to see fewer offices, hotels, R&D centers, etc., in a REIT like WPC. WPC's Investor Presentation And I think that the chart of ABR by industry speaks for itself. So I'm just p...
Getty Images Thesis As you know, Planet Labs PBC ( PL ) reported a pretty modest beat with non-GAAP EPS coming in at about -$0.03, a figure ahead of consensus by $0.01. Elsewhere, revenue hit $94 million, which was up 41.9% and also best consensus by about $3.9 million. They also managed to maintain a very high 99% recurring ACV, which was nice to see. However, the profitability metrics were a lot...
Getty Images Thesis As you know, Planet Labs PBC ( PL ) reported a pretty modest beat with non-GAAP EPS coming in at about -$0.03, a figure ahead of consensus by $0.01. Elsewhere, revenue hit $94 million, which was up 41.9% and also best consensus by about $3.9 million. They also managed to maintain a very high 99% recurring ACV, which was nice to see. However, the profitability metrics were a lot weaker and probably the bigger focus of the call for investors. Gross margin slipped to 54%, down from 55%, and adjusted EBITDA came in at -$1.0 million, with a sharply higher net loss of $138.9 million. We should consider, however, that this was driven largely by a $106.5 million warrant-related revaluation loss, but even after we adjust for this, there’s still a lot of pressure on earnings quality. Planet Labs PBC Even though the results weren’t that bad, the problem was that the stock was very expensive at around 30x to 40x sales. And this was in a market that’s punishing anything less than perfect. A number of things were pushing Planet and even BlackSky ( BKSY ) to hit $50. There were the ongoing political tensions, which everyone saw as good for businesses. And it’s true, we were seeing a lot of government interest/demand in space defence. The SpaceX IPO was adding to the general space hype , and Planet seemed to be on the edge of profitability. Their AI integration and some of the tech they're incorporating into their constellations are incredibly impressive. It still is, and I don’t see it going anywhere. A satellite company's basics are what differentiate it, which is why I focus so much on its constellation capabilities in my previous coverage . Things like time to orbit, revisit rates, and resolution are still what they excel at and are leading the innovation frontier in this area. But with expectations too high, the reality kicked in that Planet is not as close to profitability as the market thought they were; hence, the stock reset. I’ve always been quite bull...
DANBURY, Conn., June 08, 2026 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (“FuelCell Energy” or the “Company”) (NASDAQ: FCEL) today reported financial results for its second quarter ended April 30, 2026.
DANBURY, Conn., June 08, 2026 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (“FuelCell Energy” or the “Company”) (NASDAQ: FCEL) today reported financial results for its second quarter ended April 30, 2026.
photosvit/iStock via Getty Images In my last look at Euroseas ( ESEA ), I reiterated that the small yet formidable containership owner continued to boast cash flow visibility while trading below charter-adjusted NAV. Since then, the shares have slipped a little, yet the Q1 report , if anything, strengthened the bullish case. The company continued to enjoy excellent profitability, which it utilized...
photosvit/iStock via Getty Images In my last look at Euroseas ( ESEA ), I reiterated that the small yet formidable containership owner continued to boast cash flow visibility while trading below charter-adjusted NAV. Since then, the shares have slipped a little, yet the Q1 report , if anything, strengthened the bullish case. The company continued to enjoy excellent profitability, which it utilized to both raise the dividend and to keep pursuing its fleet expansion. In the meantime, management extended charter coverage further at excellent rates. It all led to book value accreting once again. So, with shares dipping slightly since my last update in April, the discount to NAV has now widened. Rates Still Have the Floor Containership time-charter rates remained high through Q1 as liners kept fixing ships forward to manage the period's intense geopolitical disruption. By mid-May, when Euroseas shared its quarterly presentation , rates had climbed to $29,250 per day for 1,700 TEU ships and $37,000 for 2,500 TEU ships, which comprise most of Euroseas' fleet. Rates even reached $60,250 for 4,250 TEU intermediate ships and $71,500 for 6,500 TEU ships, of which Euroseas has six on the water. That is not a weak tape. It is a market still paying owners real money for availability. Containership TC Rates (Q1 Investor Presentation) Euroseas charters are already extremely profitable, as I have discussed in my previous articles. So seeing higher market rates, which means that Euroseas can keep expanding its medium-term book coverage at even more profitable contracts, is really all you need to sustain the bullish case. Now, net revenues did dip by about 1% YoY to $55.8 million in Q1, while net income fell to $32.5 million from $36.9 million last year. But this makes sense, as Euroseas operated fewer vessels (21.0 on average versus 23.68 last year). What's more significant is that Euroseas' TCE rates rose to $30,354 per day from $27,563 a year earlier, following the trend we saw in ...
Other drivers are trying to remain upbeat but the Italian is untouchable on present form, and his Mercedes team principal is in awe Kimi Antonelli reached new heights at the Monaco Grand Prix , his talent and potential made abundantly clear as he became the race’s youngest winner. The question now in Formula One only six races into the season is increasingly whether anyone can catch the teenager. ...
Other drivers are trying to remain upbeat but the Italian is untouchable on present form, and his Mercedes team principal is in awe Kimi Antonelli reached new heights at the Monaco Grand Prix , his talent and potential made abundantly clear as he became the race’s youngest winner. The question now in Formula One only six races into the season is increasingly whether anyone can catch the teenager. His rivals are trying to remain upbeat but on current form the Italian is untouchable. In Monaco pole position is all, and Antonelli delivered it with an outstanding lap acknowledged with no little appreciation by his Mercedes team principal, Toto Wolff, a man not given to hyperbole. Continue reading...
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Lindsay Rosner, Goldman Sachs Asset Management Head of Multi-Sector Investing; Euan Blair, Multiverse CEO & Founder; Ka...
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Lindsay Rosner, Goldman Sachs Asset Management Head of Multi-Sector Investing; Euan Blair, Multiverse CEO & Founder; Kanishka Narayan, UK AI & Online Safety Minister (Source: Bloomberg)
The star of Luther played down rumours that he was lined up to take over as 007, adding that he’s against making the character ‘woke’ Idris Elba has refuted rumours that he was seriously in contention to play James Bond after Daniel Craig’s departure in 2021. The actor, 53, who is currently promoting new film Masters of the Universe, told British GQ the conversation linking him to the role was “ne...
The star of Luther played down rumours that he was lined up to take over as 007, adding that he’s against making the character ‘woke’ Idris Elba has refuted rumours that he was seriously in contention to play James Bond after Daniel Craig’s departure in 2021. The actor, 53, who is currently promoting new film Masters of the Universe, told British GQ the conversation linking him to the role was “never legit”. Continue reading...
David Dee Delgado Cathie Wood's ARK Invest ETFs increased exposure to AI infrastructure, internet platforms, crypto, and Chinese tech names like Alibaba ( BABA ) and Pony AI ( PONY ) during last week, while selectively trimming positions in aerospace, semiconductors, genomics, and China's Google equivalent—Baidu ( BIDU ). Alongside the much-touted tech sell-off last week, Ark bagged some large-cap...
David Dee Delgado Cathie Wood's ARK Invest ETFs increased exposure to AI infrastructure, internet platforms, crypto, and Chinese tech names like Alibaba ( BABA ) and Pony AI ( PONY ) during last week, while selectively trimming positions in aerospace, semiconductors, genomics, and China's Google equivalent—Baidu ( BIDU ). Alongside the much-touted tech sell-off last week, Ark bagged some large-cap technology names, including over 300K shares of Nvidia ( NVDA ), worth an estimated market value of $35.7M, its trade data showed . The manager also bought over 22K shares of Broadcom ( AVGO ) worth $5.9M and ~267.6K shares shares of Alphabet ( GOOG ) ( GOOGL ) worth over $70M. Besides, added over ~45.7K shares of Meta Platforms ( META ) worth close to $29M, reinforcing exposure to AI and digital advertising. China-related technology investments saw sizable inflows. ARK accumulated 275K shares of Alibaba ( BABA ), worth close to $35M. Besides, it added Chinese autonomous driving and next-generation company Pony AI ( PONY ). Fintech and digital asset-related companies also attracted buying interest, with ARK buying over 114.2K shares of Circle Internet ( CRCL ) and 30K shares of Coinbase ( COIN ). Among other picks last week were ~62.7M shares of Cerebras Systems ( CBRS ), while healthcare-focused holdings included the purchase of 87K shares of Beam Therapeutics ( BEAM ). On the sell side, the manager made its largest reduction in Archer Aviation ( ACHR ), disposing of ~1.8M shares worth ~$4.7M, signaling a significant pullback in its eVTOL and advanced air mobility exposure. The firm also trimmed semiconductor holdings, selling a combined over 190K shares of Advanced Micro Devices ( AMD ) worth ~$59M and 93K shares of Teradyne ( TER ) worth $17M. Chinese internet exposure was reduced through sales of 588K shares of Baidu ( BIDU ), partially offsetting the firm's aggressive accumulation of Alibaba ( BABA ) shares. In healthcare and life sciences, ARK reduced exposure to gen...