US Senators Ted Cruz (R-Texas) and Ron Wyden (D-Ore.) today introduced the JAWBONE Act, a proposed law that could fuel lawsuits against federal officials who try to coerce broadcasters or tech platforms into restricting speech. The Justice Against Weaponized Bureaucratic Overreach to Networked Expression Act would prohibit federal agencies and employees from coercing or trying to coerce broadcaste...
US Senators Ted Cruz (R-Texas) and Ron Wyden (D-Ore.) today introduced the JAWBONE Act, a proposed law that could fuel lawsuits against federal officials who try to coerce broadcasters or tech platforms into restricting speech. The Justice Against Weaponized Bureaucratic Overreach to Networked Expression Act would prohibit federal agencies and employees from coercing or trying to coerce broadcasters and providers of online services or AI services into changing content. The bill could apply to Federal Communications Commission Chairman Brendan Carr's repeated attempts to pressure TV networks and broadcasters, or government pressure imposed on social media firms and AI chatbot makers . The bill would create a private right of action for victims of "jawboning," letting people recover compensatory damages in court. Individuals whose speech is stifled could bring cases against government officials, and the proposed law could be enforced by state attorneys general through civil actions. Read full article Comments
Video shows egg tossed toward star as he entered hotel Players had condemned apparent attacks on Spurs fans A brutal night for Victor Wembanyama continued even after he returned to his New York hotel on Wednesday, as he was pelted with boos from jeering Knicks fans and nearly struck by a flying egg. A video shared online showed at least one egg tossed in the direction of the San Antonio Spurs supe...
Video shows egg tossed toward star as he entered hotel Players had condemned apparent attacks on Spurs fans A brutal night for Victor Wembanyama continued even after he returned to his New York hotel on Wednesday, as he was pelted with boos from jeering Knicks fans and nearly struck by a flying egg. A video shared online showed at least one egg tossed in the direction of the San Antonio Spurs superstar as he entered his hotel, flanked by security, after the team’s Game 4 loss to the Knicks. Continue reading...
The SpaceX initial public offering (IPO) has cast a spotlight on the growing space industry . One company in the news lately is AST SpaceMobile (NASDAQ: ASTS) , which is launching a slew of satellites to build a telecommunications network entirely from space. At the start of the year, AST SpaceMobile set a lofty goal of launching up to 45 satellites into orbit to provide continuous coverage in sel...
The SpaceX initial public offering (IPO) has cast a spotlight on the growing space industry . One company in the news lately is AST SpaceMobile (NASDAQ: ASTS) , which is launching a slew of satellites to build a telecommunications network entirely from space. At the start of the year, AST SpaceMobile set a lofty goal of launching up to 45 satellites into orbit to provide continuous coverage in select markets. However, those plans have faced unexpected hurdles in recent months, pushing the timeline to next year. As a result, the stock has taken a hit and is now 34% below its 52-week high. Here's why investors may want to consider buying the dip in the space stock . Continue reading
Victor Golmer/iStock Editorial via Getty Images I have been negative/neutral on Takeda Pharmaceutical Company Limited ( TAK ) for quite some time. In my last article , I made it quite clear that I simply do not see the upside that others see, or the company sees in its own future. I find the assumptions a bit on the exuberant side, and what would be needed to outperform is things I consider to be ...
Victor Golmer/iStock Editorial via Getty Images I have been negative/neutral on Takeda Pharmaceutical Company Limited ( TAK ) for quite some time. In my last article , I made it quite clear that I simply do not see the upside that others see, or the company sees in its own future. I find the assumptions a bit on the exuberant side, and what would be needed to outperform is things I consider to be highly unlikely, truth be told. In this article, I will be following up on my latest piece from March 2026, an article you can find here. As you can see below, the company has not performed well - things are down 12.55%, which, when accounting for an 11%+ upside, means an underperformance of over 22% for this company since March. From that perspective, my rating was entirely correct. Seeking Alpha Takeda Pharma RoR Now, looking at the company's performance since, things have not gone well. In this article, I'll be looking at the reason for the subpar performance that the company has generated. In my last article, I made what I believe to be a relatively clear thesis centered around the notion that the growth for the company is in fact "hollow." What this means is just what it sounds like - there's no real substance to the growth that the company generated previously. There are some other arguments that I am making - and that I will repeat in this article, such as the stock being caught in a bit of an FX valuation vortex, as well as the nature of the company's somewhat-debated buyback at a time when the company is heavily investing in its pipeline. My valuation assumes a heavy discount for the company. The argument could be made, and is being made by TAK bulls, that the company is already now normalizing, and the drop we've been seeing is therefore "enough" to make the company attractive. That is the assumption that I will be looking at here - because I honestly do not believe this to be the case (but I will justify why I believe that, of course). Takeda: Not Great Upside Fo...
In this article SPCX Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 1:45 01:45 SpaceX allocations mostly decided, only 20% of IPO allocated to retail Closing Bell SpaceX is allocating a smaller-than-expected portion of its blockbuster initial public offering to retail investors, according to a person familiar with the matter. The Elon Musk -led company plans to direct a percentage...
In this article SPCX Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 1:45 01:45 SpaceX allocations mostly decided, only 20% of IPO allocated to retail Closing Bell SpaceX is allocating a smaller-than-expected portion of its blockbuster initial public offering to retail investors, according to a person familiar with the matter. The Elon Musk -led company plans to direct a percentage in the low 20s of the offering to retail buyers, including international individual investors, online brokerages and private-bank clients, the person said. The allocation is below earlier expectations that roughly 30% of the deal would be reserved for retail investors. SpaceX is set to begin trading Friday, in what is poised to become one of the largest public offerings in history. The company is expected to be valued at about $1.8 trillion. The reduced allocation suggests institutional demand for the shares has been strong as investors compete for access to the hottest IPO in recent years. Even with a smaller allocation, the retail tranche would still rank among the largest ever for a U.S. IPO of this size. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Shares of SanDisk (NASDAQ:SNDK) are up 14% to roughly $1,873 in midday trading Thursday, while Western Digital (NASDAQ:WDC) stock is climbing 6% to around $520. The bounce snaps a rough stretch for memory and storage names that had pulled back hard from last week’s highs. Both moves arrive alongside a broader rebound across the memory ... SanDisk Jumps 14%, Western Digital Climbs 6% as Memory Stoc...
Shares of SanDisk (NASDAQ:SNDK) are up 14% to roughly $1,873 in midday trading Thursday, while Western Digital (NASDAQ:WDC) stock is climbing 6% to around $520. The bounce snaps a rough stretch for memory and storage names that had pulled back hard from last week’s highs. Both moves arrive alongside a broader rebound across the memory ... SanDisk Jumps 14%, Western Digital Climbs 6% as Memory Stocks Rebound on SK Hynix’s Capacity Plan
J Studios/DigitalVision via Getty Images Overall Morningstar Rating™ Class A Institutional Class Click to enlarge The Morningstar Rating is for the indicated share classes only as of 12/31/25; other classes may have different performance characteristics. The Morningstar ratings for the overall, three-, five- and 10-year periods for Class A shares are 5 stars, 5 stars, 5 stars and 5 stars and for I...
J Studios/DigitalVision via Getty Images Overall Morningstar Rating™ Class A Institutional Class Click to enlarge The Morningstar Rating is for the indicated share classes only as of 12/31/25; other classes may have different performance characteristics. The Morningstar ratings for the overall, three-, five- and 10-year periods for Class A shares are 5 stars, 5 stars, 5 stars and 5 stars and for Institutional Class shares are 5 stars, 5 stars, 5 stars and 5 stars among 221, 221, 199 and 150 Technology funds respectively, and are based on a Morningstar Risk-Adjusted Return measure. Fund strategy Invests in technology or technology related companies, generally 50-75, across all market capitalizations, to diversify and mitigate portfolio risk. The top holdings are companies in which the team has the highest degree of confidence. Selects investments based on rigorous bottom-up fundamental analysis. Our growth-at-a-reasonable-price (GARP) style aims to identify undervalued and misunderstood technology companies. Analyst team averages over 20 years of investment experience and utilizes their industry knowledge to identify companies they believe have the most enduring intellectual property, the best management teams and the longest runway of high-profit revenue growth. Expense ratio Share class No waiver(gross) With waiver(net) Institutional 0.91% 0.91% A 1.16% 1.16% Click to enlarge From the fund's most recent prospectus. Net expense ratio reflects a contractual fee waiver/expense reimbursement through 09/30/2026, unless sooner terminated at the sole discretion of the fund's board. Fund performance Institutional Class shares of Columbia Seligman Technology and Information Fund returned 5.82% for the quarter. The fund outperformed its benchmark, the S&P North American Technology Index, which returned -8.34% for the quarter. Stock selection within semiconductors and semiconductor equipment, technology hardware storage & peripherals and software contributed positively to per...
Super Micro Computer (NASDAQ:SMCI) is back on every screen this week after a 27.98% single-session collapse and a $7 billion equity-linked financing announcement that has retail traders glued to wallstreetbets. But here’s what you should actually be watching. The SMCI Trade Is Structurally Broken A 17.75% revenue miss against consensus carries extra weight when the ... Forget SMCI: As Shifting Mac...
Super Micro Computer (NASDAQ:SMCI) is back on every screen this week after a 27.98% single-session collapse and a $7 billion equity-linked financing announcement that has retail traders glued to wallstreetbets. But here’s what you should actually be watching. The SMCI Trade Is Structurally Broken A 17.75% revenue miss against consensus carries extra weight when the ... Forget SMCI: As Shifting Macro Realities Fracture Tech Valuations, This Cash-Flow King Is The Pivot
Earnings Call Insights: The Lovesac Company (LOVE) Q1 fiscal 2027 Management view “During the fiscal first quarter, once again, our teams rose to the challenge, delivering market share growth and with financial results in line with our guidance,” and net sales were “down 0.1% versus the prior year period,” while the broader furniture category “declined 2.2%” (Founder, CEO & Director Shawn Nelson)....
Earnings Call Insights: The Lovesac Company (LOVE) Q1 fiscal 2027 Management view “During the fiscal first quarter, once again, our teams rose to the challenge, delivering market share growth and with financial results in line with our guidance,” and net sales were “down 0.1% versus the prior year period,” while the broader furniture category “declined 2.2%” (Founder, CEO & Director Shawn Nelson). Management highlighted product attachment and mix: “Reclining Seat continues to outperform our expectations and attachment rates have remained strong at nearly one out of every three configurations getting a recliner,” and “we saw significant momentum in our larger configurations” (CEO Nelson). The company emphasized Snugg as incremental demand: “80% of Snugg customers are new to Lovesac,” and “nearly half our Snugg sales are through our e-commerce channels” (CEO Nelson). Lovesac tied brand and sourcing initiatives to the current environment: “we’ve made substantial progress on one of our most important structural initiatives bringing manufacturing onshore to the U.S.,” and “We remain on track to begin domestic manufacturing of Sactional seats this summer” (CEO Nelson). “Net sales decreased $0.2 million or 0.1% to $138.2 million,” and gross margin “decreased 160 basis points to 52.1% of net sales” (Executive VP, CFO & Treasurer Keith Siegner). Outlook For fiscal 2027, “we estimate net sales of $700 to $740 million” and “expect adjusted EBITDA between $35 and $46 million,” with “gross margins of 56% to 57%” and “advertising and marketing of approximately 12% as a percent of net sales” (CFO Siegner). For fiscal Q2, “we estimate net sales of $157 million to $166 million,” with adjusted EBITDA “between negative $4 million and positive $2 million,” and “gross margins of 57.5% to 58.5%” (CFO Siegner). Management said it updated guidance inputs: “we’ve adjusted our plans to reflect our latest outlook for costs related to COGS and logistics,” and “we factored the latest backdrop f...
The Senate Armed Services Committee on Thursday approved a defense policy bill that would extend U.S. military support for Ukraine and authorize $750 million in security assistance, underscoring continued congressional backing for Kyiv despite the Trump administration's more restrained approach to the conflict. The committee's version of the National Defense Authorization Act (NDAA) would fund the...
The Senate Armed Services Committee on Thursday approved a defense policy bill that would extend U.S. military support for Ukraine and authorize $750 million in security assistance, underscoring continued congressional backing for Kyiv despite the Trump administration's more restrained approach to the conflict. The committee's version of the National Defense Authorization Act (NDAA) would fund the Ukraine Security Assistance Initiative, a program that finances weapons purchases from U.S. defense contractors for use by Ukraine's armed forces. Investor significance: The measure signals ongoing congressional support for defense spending tied to the war in Ukraine and could benefit major contractors that supply aircraft, munitions and other military systems. The legislation also reinforces demand visibility for weapons programs that have seen increased production since Russia's 2022 invasion. The Senate bill authorizes roughly $1.15 trillion in defense spending and covers a wide range of Pentagon priorities, including weapons procurement, force structure and military pay. Among its Ukraine-related provisions, the legislation would bar the use of authorized funds for any action recognizing Russian sovereignty over internationally recognized Ukrainian territory. It also directs the Pentagon to continue providing intelligence support to Ukraine for military operations aimed at defending or reclaiming occupied areas. The Senate proposal follows House action last week approving legislation that would continue aid to Ukraine and impose additional sanctions on Russia. The bill also includes multi-year procurement authority for several weapons programs, including Boeing's F-15EX fighter jet and Lockheed Martin's F-35. Such authority allows the Pentagon to enter longer-term contracts, providing greater revenue visibility for manufacturers and suppliers. The Senate measure also adopts a proposal to rename the Department of Defense as the Department of War, mirroring language incl...
Alibaba Group Holding (NYSE:BABA) has replaced the head of its Dingtalk unit, reflecting an internal reset around the company’s approach to artificial intelligence. Chinese regulators recently reprimanded Alibaba over alleged misleading promotions tied to its 618 shopping festival marketing campaigns. These developments touch both Alibaba’s enterprise collaboration ambitions through Dingtalk and i...
Alibaba Group Holding (NYSE:BABA) has replaced the head of its Dingtalk unit, reflecting an internal reset around the company’s approach to artificial intelligence. Chinese regulators recently reprimanded Alibaba over alleged misleading promotions tied to its 618 shopping festival marketing campaigns. These developments touch both Alibaba’s enterprise collaboration ambitions through Dingtalk and its core e commerce operations. For investors tracking NYSE:BABA, these updates come after a...