Key PointsAfter years of trying to pick individual sector and theme winners, I switched my portfolio up to focus on broad U.S. and international stock ETFs.
Key PointsAfter years of trying to pick individual sector and theme winners, I switched my portfolio up to focus on broad U.S. and international stock ETFs.
West Pharmaceutical posts 46.9% EPS growth and beats estimates as strong segment demand lifts revenues, prompting a higher 2026 outlook and margin expansion.
West Pharmaceutical posts 46.9% EPS growth and beats estimates as strong segment demand lifts revenues, prompting a higher 2026 outlook and margin expansion.
Comcast Corporation (NASDAQ: CMCSA) stock jumped 8.8% through noon ET after soundly beating analyst targets for Q1 sales and earnings. Heading into the report, analysts expected Comcast to earn only $0.72 per share on sales of $30.4 billion. In fact, Comcast earned $0.79 per share on $31.5 billion in sales, beating on both top and bottom lines. Image source: Getty Images. Continue reading
Comcast Corporation (NASDAQ: CMCSA) stock jumped 8.8% through noon ET after soundly beating analyst targets for Q1 sales and earnings. Heading into the report, analysts expected Comcast to earn only $0.72 per share on sales of $30.4 billion. In fact, Comcast earned $0.79 per share on $31.5 billion in sales, beating on both top and bottom lines. Image source: Getty Images. Continue reading
An Avatr auto showroom in Chaoyang district, Beijing, on July 10, 2025. Photo: VCG Chongqing Changan Automobile Co. Ltd. plans to integrate the research and supply chains of its two new-energy vehicle brands to cut costs by as much as 30%. The consolidation involves Avatr and Deepal, which will retain separate brands while pooling back-end resources to reach a combined annual sales target of 1.5 m...
An Avatr auto showroom in Chaoyang district, Beijing, on July 10, 2025. Photo: VCG Chongqing Changan Automobile Co. Ltd. plans to integrate the research and supply chains of its two new-energy vehicle brands to cut costs by as much as 30%. The consolidation involves Avatr and Deepal, which will retain separate brands while pooling back-end resources to reach a combined annual sales target of 1.5 million vehicles by 2030. The move reflects a broader wave of consolidation sweeping China’s fiercely competitive electric-vehicle sector, where carmakers are merging sub-brands to achieve the scale needed to withstand a prolonged price war and shrinking margins.
Earnings Call Insights: Independent Bank Corporation (IBCP) Q1 2026 Management view “Independent Bank Corporation reported first quarter 2026 net income of $16.9 million or $0.81 per diluted share versus net income of $15.6 million or $0.74 per diluted share in the prior year period.” (President, CEO & Director William Kessel) “Highlights for our first quarter include a net interest margin of 3.65...
Earnings Call Insights: Independent Bank Corporation (IBCP) Q1 2026 Management view “Independent Bank Corporation reported first quarter 2026 net income of $16.9 million or $0.81 per diluted share versus net income of $15.6 million or $0.74 per diluted share in the prior year period.” (President, CEO & Director William Kessel) “Highlights for our first quarter include a net interest margin of 3.65%, which is a 3 basis point increase on a linked-quarter basis; an increase in net interest income of $500,000 or 1.1% over the fourth quarter of 2025; an increase in tangible common equity per share of common stock at $0.33 or 5.9% annualized from December 31, 2025; a return on average assets and return on average equity of 1.24% and 13.43%, respectively; net growth in total deposits was brokered time deposits of $80.4 million or 6.9% annualized from December 31, 2025; net growth in loans of $31.8 million or 3% annualized from December 31, 2025; an increase in tangible common equity ratio to 8.7%.” (President, CEO & Director Kessel) “We remain encouraged by our momentum and are optimistic about our opportunities and confident in the benefits of our recently announced merger with HCB Financial Corp., which will provide enhanced shareholder value.” (President, CEO & Director Kessel) “Looking ahead, based on a strong pipeline, we believe we will continue low double-digit growth of our commercial loan portfolio in 2026.” (Executive VP of Commercial Lending & Chief Lending Officer Joel Rahn) “Noninterest expense was $38.3 million in the first quarter, above our forecasted range of $36 million to $37 million.” (CFO, Executive VP, Treasurer & Corporate Secretary Gavin Mohr) Outlook “Our outlook estimated full year loan growth of 4.5% to 5.5%.” (CFO, Executive VP, Treasurer & Corporate Secretary Mohr) “First quarter 2026 net interest income increased 7.3% over 2025, which is within our forecasted range of 7% to 8%.” (CFO, Executive VP, Treasurer & Corporate Secretary Mohr) “Nonint...
The Trump administration unveiled measures aimed at preventing Chinese developers from improperly using leading American AI models to build a rival generation of chatbots, marking the first major US response to Silicon Valley companies’ complaints that China is piggybacking on their success. In a memo Thursday, the White House Office of Science and Technology Policy said it will promote wider info...
The Trump administration unveiled measures aimed at preventing Chinese developers from improperly using leading American AI models to build a rival generation of chatbots, marking the first major US response to Silicon Valley companies’ complaints that China is piggybacking on their success. In a memo Thursday, the White House Office of Science and Technology Policy said it will promote wider information sharing by US-based developers and increase efforts to help the industry detect unauthorized extraction of their artificial intelligence models. The US government will also work with industry to determine how to rein in such abuses and hold bad actors accountable. “There is nothing innovative about systematically extracting and copying the innovations of American industry, and there is nothing open about supposedly open models that are derived from acts of malicious exploitation,” White House Science and Technology Policy Director Michael Kratsios said in the memo. The planned measures represent the most significant US effort so far to rein in a practice known as distillation, where AI developers train systems using results from a parent AI model to create similar capabilities in a new one at a far lower cost. Models made in this way avoid expenses from both research and the costly AI processors needed for original model training. While tolerated for training smaller, less-advanced systems, distillation violates AI companies’ terms of use when it’s employed to replicate a cutting-edge AI model without permission. The White House clarified in its memo that the US supports a vibrant open-source ecosystem but added that distillation aimed at undermining US research and development investments is unacceptable. Read More: OpenAI, Anthropic, Google Unite to Combat Model Copying in China The broader effort to crack down on unauthorized distillation seeks to address a growing concern among US companies including OpenAI , Anthropic PBC and Alphabet Inc. ’s Google that output...
Earnings Call Insights: NextEra Energy (NEE) Q1 2026 Management View "NextEra Energy is off to a terrific start to the year, delivering strong first quarter results" and "Adjusted earnings per share increased by 10% year-over-year" (President, CEO & Chairman John Ketchum). "FPL expects to invest between $90 billion and $100 billion through 2032" and its 10-year plan "shows roughly 4 gigawatts of n...
Earnings Call Insights: NextEra Energy (NEE) Q1 2026 Management View "NextEra Energy is off to a terrific start to the year, delivering strong first quarter results" and "Adjusted earnings per share increased by 10% year-over-year" (President, CEO & Chairman John Ketchum). "FPL expects to invest between $90 billion and $100 billion through 2032" and its 10-year plan "shows roughly 4 gigawatts of new gas-fired generation, complementing over 12 gigawatts of solar and over 7 gigawatts of storage solutions" (President, CEO & Chairman Ketchum). "So far, we have about 21 gigawatts of large load interest at FPL" and "we continue to expect at least one large load customer to sign up for capacity under FPL's tariff by the end of the year"; "every gigawatt of large load under FPL's approved tariff" was described as "roughly $2 billion of CapEx" (President, CEO & Chairman Ketchum). "Energy Resources" had "a record quarter" with "4 gigawatts of new long-term contracted renewables and storage projects" added to backlog, including "1.3 gigawatts" of battery storage origination; management also cited a stand-alone and co-located storage pipeline of "over 110 gigawatts" (President, CEO & Chairman Ketchum). "Last month, the U.S. Department of Commerce selected Energy Resources to build 9.5 gigawatts of new gas-fired generation to serve large load" tied to the "U.S.-Japan trade deal" framework; "the U.S. and Japan would own the projects, while Energy Resources would develop, build and operate them" (President, CEO & Chairman Ketchum). "For the first quarter of 2026, FPL's earnings per share increased $0.06 year-over-year" and "FPL's capital expenditures were approximately $3.2 billion for the quarter" (CFO & Executive VP of Finance Michael Dunne). Outlook "Our 2026 adjusted earnings per share expectations range of $3.92 to $4.02 remains unchanged, and we are targeting the high end of that range" (CFO Dunne). "We expect to grow adjusted earnings per share at a compound annual growth r...
Earnings Call Insights: Kaiser Aluminum (KALU) Q1 2026 Management View CEO Keith Harvey said, "We're very pleased with our first quarter performance" and added that the company is "raising our full year outlook," citing "another record for EBITDA and EBITDA margins," with "new capacity installed over the last several years" ramping and "customer demand" stronger than expected. Harvey highlighted m...
Earnings Call Insights: Kaiser Aluminum (KALU) Q1 2026 Management View CEO Keith Harvey said, "We're very pleased with our first quarter performance" and added that the company is "raising our full year outlook," citing "another record for EBITDA and EBITDA margins," with "new capacity installed over the last several years" ramping and "customer demand" stronger than expected. Harvey highlighted market conditions he linked to pricing and availability: "Lead times across the industry are beginning to stretch. And pricing continues to firm across many of our products," while also saying, "our supply lines for metal remain secure through the balance of the year." CFO Neal West reported, "Conversion revenue for the first quarter was $404 million," and said reported profitability rose materially: "Reported net income for the first quarter was $63 million or income of $3.71 per diluted share" and "adjusted income of $3.74 per diluted share." West described the earnings bridge and metal impacts: "Adjusted EBITDA for the first quarter was $129 million" and "the first quarter metal lag gain was approximately $36 million," adding that "the increase in year-over-year scrap spreads and the metal lag gain reflect higher aluminum prices" tied to geopolitical conflict and tariff policy. On cash generation and leverage, West said, "We generated solid free cash flow... of $69 million in the first quarter," and added, "our net debt leverage ratio improved to 2.8x from 3.4x at year-end," alongside liquidity of "approximately $596 million" and "no debt maturing until 2030." Outlook Harvey raised full-year market expectations and said, "we now expect aerospace and high-strength shipments to grow in the range of 15% to 20% this year, with conversion revenue growth of 10% to 15%." For Warrick packaging, Harvey guided to faster growth and emphasized coated mix: "we now expect packaging shipments to grow between 10% and 15% for the year, with conversion revenue growth in the range of 20% to...
Vitrolife AB (publ) press release ( VTRLY ): Q1 GAAP EPS of SEK0.74. Revenue of SEK842M. More on Vitrolife AB (publ) Vitrolife AB (publ) 2026 Q1 - Results - Earnings Call Presentation Vitrolife AB (publ) (VTRLY) Q4 2025 Earnings Call Transcript Vitrolife AB (publ) 2025 Q4 - Results - Earnings Call Presentation Historical earnings data for Vitrolife AB (publ) Dividend scorecard for Vitrolife AB (pu...
Vitrolife AB (publ) press release ( VTRLY ): Q1 GAAP EPS of SEK0.74. Revenue of SEK842M. More on Vitrolife AB (publ) Vitrolife AB (publ) 2026 Q1 - Results - Earnings Call Presentation Vitrolife AB (publ) (VTRLY) Q4 2025 Earnings Call Transcript Vitrolife AB (publ) 2025 Q4 - Results - Earnings Call Presentation Historical earnings data for Vitrolife AB (publ) Dividend scorecard for Vitrolife AB (publ)
ORN is set to report Q1 results on April 28. EPS is seen at breakeven and revenues are seen up 5% to $195.2M on Marine/Concrete strength and J.E. McAmis boost.
ORN is set to report Q1 results on April 28. EPS is seen at breakeven and revenues are seen up 5% to $195.2M on Marine/Concrete strength and J.E. McAmis boost.
Exclusive: Officials warn department will also lose access to database of 26,000 verified incidents due to cuts The Foreign Office unit tracking potential breaches of international law by Israel in Gaza and more recently Lebanon has been closed because of cuts within the department, the Guardian can reveal. The decision to shut the international humanitarian law cell follows a review by Olly Robbi...
Exclusive: Officials warn department will also lose access to database of 26,000 verified incidents due to cuts The Foreign Office unit tracking potential breaches of international law by Israel in Gaza and more recently Lebanon has been closed because of cuts within the department, the Guardian can reveal. The decision to shut the international humanitarian law cell follows a review by Olly Robbins, the permanent secretary at the Foreign Office dismissed last week by the prime minister over the Peter Mandelson scandal. Continue reading...
Spyre Therapeutics' stock rises 73% in a month after mid-stage data show strong efficacy and safety for SPY001 in ulcerative colitis, boosting investor optimism.
Spyre Therapeutics' stock rises 73% in a month after mid-stage data show strong efficacy and safety for SPY001 in ulcerative colitis, boosting investor optimism.
JD.com, Inc. (NASDAQ:JD) is included among the 10 Best Global Stocks to Buy According to Wall Street Analysts. JD.com, Inc. (NASDAQ:JD) is a leading technology-driven e-commerce company transforming to become the leading supply chain-based technology and service provider. On April 17, Arete upgraded JD.com, Inc. (NASDAQ:JD) from ‘Neutral’ to ‘Buy’, while also raising its price […]
JD.com, Inc. (NASDAQ:JD) is included among the 10 Best Global Stocks to Buy According to Wall Street Analysts. JD.com, Inc. (NASDAQ:JD) is a leading technology-driven e-commerce company transforming to become the leading supply chain-based technology and service provider. On April 17, Arete upgraded JD.com, Inc. (NASDAQ:JD) from ‘Neutral’ to ‘Buy’, while also raising its price […]
Mips AB (publ) press release ( MPZAF ): Q1 GAAP EPS of SEK1.09. Revenue of SEK151M. More on Mips AB (publ) Mips AB (publ) 2026 Q1 - Results - Earnings Call Presentation Mips AB (publ) 2025 Q4 - Results - Earnings Call Presentation Mips AB (publ) (MPZAY) Q4 2025 Earnings Call Transcript Historical earnings data for Mips AB (publ) Dividend scorecard for Mips AB (publ)
Mips AB (publ) press release ( MPZAF ): Q1 GAAP EPS of SEK1.09. Revenue of SEK151M. More on Mips AB (publ) Mips AB (publ) 2026 Q1 - Results - Earnings Call Presentation Mips AB (publ) 2025 Q4 - Results - Earnings Call Presentation Mips AB (publ) (MPZAY) Q4 2025 Earnings Call Transcript Historical earnings data for Mips AB (publ) Dividend scorecard for Mips AB (publ)
Welcome to Bloomberg’s Texas Edition — covering all the industries and people driving America’s second-largest economy, from finance and oil to tech and sports. Join us each week for an inside look at Texas through a Bloomberg lens. Sign up here if you’re not already on the list. AI energy startup Fermi has a big-name co-founder in former Texas Governor Rick Perry and an ambitious goal to build th...
Welcome to Bloomberg’s Texas Edition — covering all the industries and people driving America’s second-largest economy, from finance and oil to tech and sports. Join us each week for an inside look at Texas through a Bloomberg lens. Sign up here if you’re not already on the list. AI energy startup Fermi has a big-name co-founder in former Texas Governor Rick Perry and an ambitious goal to build the world’s largest private power grid for a data-center campus. The drama around the company these days is also Texas-sized. Since skyrocketing in its first day of trading, Fermi has been jolted by challenges including the loss of a key anchor tenant for its Project Matador site near Amarillo. It told investors in March that it still hadn’t signed up customers. The turmoil only worsened with the ouster of CEO and co-founder Toby Neugebauer and the departure of Chief Financial Officer Miles Everson. The stock plunged 18% on Monday, flirting with the all-time low of $4.80 set earlier this month. The management shuffle suggested “there was friction between customers and Mr. Neugebauer, and negotiations could be simpler going forward,” Stifel Nicolaus & Co. analyst Stephen Gengaro said in a note. But the week’s turmoil wasn’t over. Neugebauer publicly called for the company’s sale and the resignation of the board, which includes Perry, a former US energy secretary. Fermi rebuffed the idea . While the stock rebounded on speculation that there might be a deal, Fermi was still down 72% through Wednesday since trading began. The Fine Line The next few months are critical for the newly formed Texas Stock Exchange. Former US Representative Jeb Hensarling, a strategic adviser for the TXSE, stopped in for a visit at Bloomberg’s Dallas office. “We expect trading to start this summer, and shortly thereafter, you will see listings probably in Q4 of this year, then Q1 of next year will be IPOs ,” said Hensarling. Hensarling was recently in Florida for an event with politicians and others to...
peshkov Avis Budget Group ( CAR ) fell 50% in Thursday afternoon trading to extend the inevitable slide that began on Wednesday. The car rental stock is down more than 75% from its meme-fueled high after float mechanics created a unique trading situation tied to aggressive call buying by momentum funds and options speculators. Earlier in the week, Barclays attributed the rally to a supply/demand m...
peshkov Avis Budget Group ( CAR ) fell 50% in Thursday afternoon trading to extend the inevitable slide that began on Wednesday. The car rental stock is down more than 75% from its meme-fueled high after float mechanics created a unique trading situation tied to aggressive call buying by momentum funds and options speculators. Earlier in the week, Barclays attributed the rally to a supply/demand mismatch, with two holders accounting for 71% of outright ownership of Avis Budget ( CAR ) and over 100% of economic interest given outstanding swaps. Hertz Global Holdings ( HTZ ) slid 13% and is down more than 30% from its April 20 trading level. On Wall Street, Deutsche Bank downgraded Avis Budget ( CAR ) earlier in the week to a Hold rating due to valuation concerns, while Hertz Global ( HTZ ) had already lost its last bull earlier in the year. Seeking Alpha analysts have been notably cautious on both names in recent articles. Trading volume on Avis Budget ( CAR ) and Hertz Global ( HTZ ) has been very high over the last week, despite the thin float. More on Avis Budget and Hertz Global Sell Both Avis And Hertz Before The Car Rental Euphoria Ends Hertz: 4 Reasons To Ignore The Short Squeeze Avis Budget: Shorts Are Running Out Of Options Avis Budget craters as the meme party runs out of gas Avis Budget continues to soar, Michael Burry calls it ‘dumb luck’