adventtr/iStock via Getty Images Performance assessment My last view on Advanced Micro Devices ( AMD ) has been terribly offside: Performance since HA's Last Article on AMD (Seeking Alpha, HA's Last Article on AMD) Elevator pitch I am changing my mind on AMD due to the following: AMD securing large AI infrastructure commitments can lead to supercharged growth AMD's chips are making giant leaps in ...
adventtr/iStock via Getty Images Performance assessment My last view on Advanced Micro Devices ( AMD ) has been terribly offside: Performance since HA's Last Article on AMD (Seeking Alpha, HA's Last Article on AMD) Elevator pitch I am changing my mind on AMD due to the following: AMD securing large AI infrastructure commitments can lead to supercharged growth AMD's chips are making giant leaps in performance Agentic AI is leading to explosive demand for CPUs and enabling large price hikes There is still some valuation risk as AMD is still richly valued vs peers AMD has cleanly broken out of a key resistance level AMD securing large AI infrastructure commitments can lead to supercharged growth AMD is evolving from a mere chip seller to securing multi-billion dollar multi-year orders for massive data center buildouts. For example, AMD recently signed a deal with Meta ( META ) to deploy 6GW of its Instinct GPUs in Meta's AI data centers. To help contextualize the scale here, an average American home consumes about 1.2kW of power in a day. 6GW is equal to 6 million kW, which makes it enough to power around 5 million homes in a day. From a financials perspective, the CFO disclosed that we can expect "significant double-digit billions of dollars per GW" in data center AI revenue: The Meta deployment is expected to generate data center AI revenue of significant double-digit billions of dollars per gigawatt. Revenue will begin in the second half of 2026 and ramp alongside our MI450 deployment with other customers. - CFO Jean Hu in the Expanded AI Partnership with Meta and Multi-Year GPU Deployment Agreement Call From this clue, I think a $15B/GW (a mid-teens rather than low-teens rate to account for the 'significant' adjective) is reasonable. Applying this to the 6GW, this implies an incremental data center AI revenue contribution of $90B. I expect this to be recognized over about 5 years as this aligns with the Feb 2031 expiry for AMD's issuance of a 160M shares performanc...
adventtr/iStock via Getty Images Performance assessment My last view on Advanced Micro Devices ( AMD ) has been terribly offside: Performance since HA's Last Article on AMD (Seeking Alpha, HA's Last Article on AMD) Elevator pitch I am changing my mind on AMD due to the following: AMD securing large AI infrastructure commitments can lead to supercharged growth AMD's chips are making giant leaps in ...
adventtr/iStock via Getty Images Performance assessment My last view on Advanced Micro Devices ( AMD ) has been terribly offside: Performance since HA's Last Article on AMD (Seeking Alpha, HA's Last Article on AMD) Elevator pitch I am changing my mind on AMD due to the following: AMD securing large AI infrastructure commitments can lead to supercharged growth AMD's chips are making giant leaps in performance Agentic AI is leading to explosive demand for CPUs and enabling large price hikes There is still some valuation risk as AMD is still richly valued vs peers AMD has cleanly broken out of a key resistance level AMD securing large AI infrastructure commitments can lead to supercharged growth AMD is evolving from a mere chip seller to securing multi-billion dollar multi-year orders for massive data center buildouts. For example, AMD recently signed a deal with Meta ( META ) to deploy 6GW of its Instinct GPUs in Meta's AI data centers. To help contextualize the scale here, an average American home consumes about 1.2kW of power in a day. 6GW is equal to 6 million kW, which makes it enough to power around 5 million homes in a day. From a financials perspective, the CFO disclosed that we can expect "significant double-digit billions of dollars per GW" in data center AI revenue: The Meta deployment is expected to generate data center AI revenue of significant double-digit billions of dollars per gigawatt. Revenue will begin in the second half of 2026 and ramp alongside our MI450 deployment with other customers. - CFO Jean Hu in the Expanded AI Partnership with Meta and Multi-Year GPU Deployment Agreement Call From this clue, I think a $15B/GW (a mid-teens rather than low-teens rate to account for the 'significant' adjective) is reasonable. Applying this to the 6GW, this implies an incremental data center AI revenue contribution of $90B. I expect this to be recognized over about 5 years as this aligns with the Feb 2031 expiry for AMD's issuance of a 160M shares performanc...
Looking at the universe of stocks we cover at Dividend Channel, on 4/27/26, Home Federal Bancorp, Inc. (Symbol: HFBL) will trade ex-dividend, for its quarterly dividend of $0.135, payable on 5/11/26. As a percentage of HFBL's recent stock price of $19.45, this dividend works ou
Looking at the universe of stocks we cover at Dividend Channel, on 4/27/26, Home Federal Bancorp, Inc. (Symbol: HFBL) will trade ex-dividend, for its quarterly dividend of $0.135, payable on 5/11/26. As a percentage of HFBL's recent stock price of $19.45, this dividend works ou
MicroStockHub/iStock via Getty Images The flash Eurozone PMI indicates that the euro area is facing deepening economic woes from the war in the Middle East, presenting a headache for policymakers. The conflict has pushed the economy into decline in April while driving inflation sharply higher. Increasingly widespread supply shortages, meanwhile, threaten to dampen growth further while adding more ...
MicroStockHub/iStock via Getty Images The flash Eurozone PMI indicates that the euro area is facing deepening economic woes from the war in the Middle East, presenting a headache for policymakers. The conflict has pushed the economy into decline in April while driving inflation sharply higher. Increasingly widespread supply shortages, meanwhile, threaten to dampen growth further while adding more upward pressure to prices in the coming weeks. Output falls in April April’s flash Eurozone PMI, compiled by S&P Global, has moved into contraction territory for the first time since late 2024. The PMI’s headline output index dropped below the 50.0 no-change mark, posting 48.6 from a reading of 50.7 in March. The latest reading signals a 0.1% quarterly rate of GDP decline after a 0.2% gain had been signalled for the first quarter. The survey shows the war is currently hitting the service sector hardest, where business activity is falling at a rate not seen since the pandemic lockdowns of early 2021. However, sustained growth of manufacturing output meanwhile seen in the April PMI comes with something of a sting in the tail, as demand for goods is being buoyed by stock building as companies scramble to secure purchases ahead of further price hikes or supply shortages. Manufacturers have increased their buying of inputs to a degree not witnessed since early 2022, as supply chain delays have also risen to the most widespread since the pandemic. Price pressures surge higher Input costs and selling prices have already jumped higher not just in response to higher energy costs but in a reflection of a broader upturn in commodity prices and mismatch of demand against constrained supply. If the COVID-19 pandemic is excluded, this is the biggest surge in cost pressures that we have recorded since 2000. Input costs increased in April at the fastest pace since the end of 2022, as rates of cost inflation quickened across both goods and services. In turn, output (or selling) price inflat...
UBS Warns Drought Shock Unfolding Across Breadbasket Of America It's not just us sounding the alarm about severe drought conditions hitting America's breadbasket as spring plantings ramp up, or warning about the second- and third-order effects that could push food prices higher later this year. UBS analysts, led by Jonathan Pingle, told clients on Thursday morning that drought conditions across th...
UBS Warns Drought Shock Unfolding Across Breadbasket Of America It's not just us sounding the alarm about severe drought conditions hitting America's breadbasket as spring plantings ramp up, or warning about the second- and third-order effects that could push food prices higher later this year. UBS analysts, led by Jonathan Pingle, told clients on Thursday morning that drought conditions across the US agricultural belt rank among the worst in more than 130 years: The National Oceanic and Atmospheric Administration's Palmer Drought Severity Index hit its highest level for March since records started in 1895, and March was the third driest month recorded, regardless of time of year, behind only the famed 1930s Dust Bowl": July and August 1934. Water levels on the Mississippi look fine, the seasonal lows are typically in the fall, but river levels in Memphis sit 24 feet below this time last year. The primary effect of drought conditions on farmland is a direct hit to production: reduced soil moisture, weaker germination, lower yields, poorer crop quality, reduced pasture and forage, and greater stress on the nation's cattle herd (already seen with soaring beef prices). USDA says drought can slash planted or harvested acreage, reduce livestock productivity, and raise feed and irrigation costs; it can also reduce crop yields and quality, with some perennial crops taking years to recover. Then the third-order effects emerge: lower farm output and higher production costs (diesel and fertilizer), which can be transmitted through food supply chains into higher retail food prices, tighter supplies for processors, and pressure on food security. Pingle continued: Drought severity sees much of the country ; April very warm The USDA Weekly Weather and Crop Report highlights the unusual warmth during the April employment report survey reference period, which should be on net supportive of the data this month, and potentially postpone pull forward from March until May or June. The ...
In this article @LCO.1 Follow your favorite stocks CREATE FREE ACCOUNT Commercial vessels are seen off the coast of Dubai on April 20, 2026. - | Afp | Getty Images Bettors on the prediction markets platform Kalshi don't think the Strait of Hormuz will be open to normal traffic flows for months. Odds that traffic will return to normal by June 1 fell below 50% on Wednesday, after the U.S. and Iran e...
In this article @LCO.1 Follow your favorite stocks CREATE FREE ACCOUNT Commercial vessels are seen off the coast of Dubai on April 20, 2026. - | Afp | Getty Images Bettors on the prediction markets platform Kalshi don't think the Strait of Hormuz will be open to normal traffic flows for months. Odds that traffic will return to normal by June 1 fell below 50% on Wednesday, after the U.S. and Iran extended a ceasefire but neither side disclosed any new agreement regarding Iran opening the Strait of Hormuz or the U.S. ending its naval blockade of the passageway. On Thursday, President Donald Trump threatened to "shoot and kill" any boat laying mines in the strait, while oil prices climbed higher with Brent crude again above $100 per barrel. Bettors on Kalshi give just a 42% chance that normal traffic flows through the strait by June 1. They assign a 59% chance that happens by July 1, and a 61% chance by Aug. 1. Kalshi defines normal traffic flows on the contract as the seven-day moving average of transit calls through the strait based on data from IMF PortWatch. On Polymarket, bettors give a 45% chance that traffic through the strait returns to normal by the end of May , and a 67% chance by the end of June . Polymarket uses the same definition of normal traffic as Kalshi. Transit through the strait remains low. On Wednesday — the same day Iran said it seized two ships sailing through the strait without authorization — eight ships crossed the strait , including three oil tankers, according to data from LSEG. Before the war, traffic typically included more than 100 ships daily in the strait. In a Thursday note, UBS chief investment officer for the Americas Ulrike Hoffmann-Burchardi wrote that a reopening of the strait "remains elusive." She pointed to comments on Wednesday from Iran's parliament speaker Mohammad Bagher Ghalibaf, who said the strait will not reopen so long as the U.S. naval blockade is in place. "These developments point to the challenges of resolving the...
Duncan Nicholls and Simon Webb/OJO Images via Getty Images Introduction The last time I covered Evolution AB ( EVVTY ), I highlighted their strong financials and leadership position as an online casino gaming service provider for B2B partners, standing to benefit from long-term tailwinds and delivering very solid combined yield despite facing cybercrime pressure and consumer headwinds. Despite rep...
Duncan Nicholls and Simon Webb/OJO Images via Getty Images Introduction The last time I covered Evolution AB ( EVVTY ), I highlighted their strong financials and leadership position as an online casino gaming service provider for B2B partners, standing to benefit from long-term tailwinds and delivering very solid combined yield despite facing cybercrime pressure and consumer headwinds. Despite reporting weakness in Europe, Evolution is advancing well on all other fronts, remaining a Strong Buy given their significant undervaluation even when using conservative estimates, while the long-term continues to be in their favor. Stable Despite Weakness In Europe Evolution AB IR Evolution reported a resilient Q1 overall , with their EBITDA margin remaining stable at around 65.4% in Q1 (66.8% TTM) and with continued weakness in Europe (revenue down 5.9%) and improved growth in North America (up 10.1%), while LATAM continued to shine with an excellent 29.3% increase YoY, while making further progress against cybercrime in Asia and delivering a 2.2% increase there. However, since Europe is by far the largest based on their B2B clients’ region (€345.3 million net revenues in Q1 out of €513.0 million in total), the net revenues were still down overall, with a drop of ~1.5% in Q1, which was also reflected in the EBITDA and profit, despite the EPS being up 2.1% thanks to their buybacks. Meanwhile, they continue to target growth at least in line with the market for Live and RNG games, with flat FY26 EBITDA signaling the ongoing pressure in the market. Evolution AB IR Similarly, the free cash flow was stable, reaching €311.25 million in Q1’26 compared to €327.73 million in Q1’25, with a cash flow conversion rate of 81%. This leads to about €1.1 billion over the past 12 months, which remains very solid for a ~€11.78 billion market cap, allowing the company to return and invest significant amounts of money back to its shareholders or into the company. Evolution AB IR Financially, base...
Looking at the universe of stocks we cover at Dividend Channel, on 4/24/26, nVent Electric PLC (Symbol: NVT) will trade ex-dividend, for its quarterly dividend of $0.21, payable on 5/8/26. As a percentage of NVT's recent stock price of $141.07, this dividend works out to approx
Looking at the universe of stocks we cover at Dividend Channel, on 4/24/26, nVent Electric PLC (Symbol: NVT) will trade ex-dividend, for its quarterly dividend of $0.21, payable on 5/8/26. As a percentage of NVT's recent stock price of $141.07, this dividend works out to approx
Looking at the universe of stocks we cover at Dividend Channel, on 4/24/26, Ohio Valley Banc Corp (Symbol: OVBC) will trade ex-dividend, for its quarterly dividend of $0.25, payable on 5/10/26. As a percentage of OVBC's recent stock price of $46.25, this dividend works out to a
Looking at the universe of stocks we cover at Dividend Channel, on 4/24/26, Ohio Valley Banc Corp (Symbol: OVBC) will trade ex-dividend, for its quarterly dividend of $0.25, payable on 5/10/26. As a percentage of OVBC's recent stock price of $46.25, this dividend works out to a