In this article META Follow your favorite stocks CREATE FREE ACCOUNT Meta CEO Mark Zuckerberg makes a keynote speech at the Meta Connect annual event at the company's headquarters in Menlo Park, Calif., on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta is debuting its first major artificial intelligence model since the costly hiring of Scale AI's Alexandr Wang nine months ago, as the Facebook pare...
In this article META Follow your favorite stocks CREATE FREE ACCOUNT Meta CEO Mark Zuckerberg makes a keynote speech at the Meta Connect annual event at the company's headquarters in Menlo Park, Calif., on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta is debuting its first major artificial intelligence model since the costly hiring of Scale AI's Alexandr Wang nine months ago, as the Facebook parent aims to carve out a niche in a market that's being dominated by OpenAI, Anthropic and Google . Dubbed Muse Spark and originally codenamed Avocado , the AI model announced Wednesday is the first from the company's new Muse series developed by Meta Superintelligence Labs, the AI unit that Wang oversees. Wang joined Meta in June as part of the company's $14.3 billion investment in Scale AI, where he was CEO. Meta is desperate to regain momentum in the fiercely competitive AI market following the disappointing debut of its latest open-source models last April. The release failed to captivate developers, leading CEO Mark Zuckerberg to pivot his strategy. "Over the last nine months, Meta Superintelligence Labs rebuilt our AI stack from the ground up, moving faster than any development cycle we have run before," Meta said in a blog post on Wednesday. "This initial model is small and fast by design, yet capable enough to reason through complex questions in science, math, and health. It is a powerful foundation, and the next generation is already in development." Meta isn't positioning Muse Spark as a top-of-the-line model, but is instead highlighting its efficiency and "competitive performance" on various tasks. The new Muse Spark will be proprietary, instead of open source, with the company saying there is "hope to open-source future versions of the model." The company had been taking an open-source approach to AI with its Llama family of models. Meta said in a technical blog about the new model that that improved AI training techniques along with rebuilt technology infrastruct...
In 2020, Annabelle Gurwitch went to urgent care for a COVID-19 test and learned she had cancer. She writes about life as a "cancer slacker" in her memoir, The End of My Life is Killing Me.
In 2020, Annabelle Gurwitch went to urgent care for a COVID-19 test and learned she had cancer. She writes about life as a "cancer slacker" in her memoir, The End of My Life is Killing Me.
Most of Bitcoin’s gains have come while Wall Street sleeps. Now a new exchange-traded fund is built to ride that pattern — buying Bitcoin at the market close and selling before the open, while investing in Treasuries during the day. The Nicholas Bitcoin and Treasuries AfterDark ETF, filed with the US Securities and Exchange Commission in December under the ticker NGHT , made its debut on Wednesday...
Most of Bitcoin’s gains have come while Wall Street sleeps. Now a new exchange-traded fund is built to ride that pattern — buying Bitcoin at the market close and selling before the open, while investing in Treasuries during the day. The Nicholas Bitcoin and Treasuries AfterDark ETF, filed with the US Securities and Exchange Commission in December under the ticker NGHT , made its debut on Wednesday. The product is designed around a striking disconnect in Bitcoin’s return profile. Since BlackRock Inc. ’s iShares Bitcoin Trust ETF (ticker IBIT ) launched in January 2024, overnight price gaps — measured from the market close to the following day’s open — have generated a roughly 200% gain, according to Bespoke Investment Group , a figure that outpaces a buy-and-hold strategy that rose more than 40%. In contrast, the tactic that involves buying at the open and selling at the close a loss of more than 50%. The fund, managed by boutique wealth manager Nicholas Wealth, will take long Bitcoin exposure via swaps at 4 p.m. Eastern time and exit by 9:30 a.m. the following morning. During US trading hours, capital rotates into short-term Treasuries. It does not hold Bitcoin directly. “We think of diversification, typically, as asset class diversification,” said David Nicholas, CEO of Nicholas Wealth. “But really there may be a new segment of diversification, which is time diversification.” Nicholas said the ETF wrapper offers a tax advantage over investors attempting the strategy themselves, because the fund’s daily buying and selling doesn’t generate taxable events for shareholders the way individual trades would. The overnight-versus-intraday split in Bitcoin mirrors a pattern that has been well-documented in equities for decades. Research from the Federal Reserve Bank of New York and academics published in 2021 found that the bulk of the equity risk premium in the S&P 500 has historically accrued outside regular trading hours, a phenomenon sometimes referred to as the overnig...
alexsl Inhibrx Biosciences ( INBX ) traded higher on Wednesday after Stifel launched its coverage of the cancer drug developer with a Buy recommendation and a $150 price target, citing the potential of its lead assets, ozekibart and INBRX-106. Analyst Dara Azar noted that ozekibart and INBRX-106 are designed to target DR5 and OX40, respectively, which he identified as two of the most highly sought...
alexsl Inhibrx Biosciences ( INBX ) traded higher on Wednesday after Stifel launched its coverage of the cancer drug developer with a Buy recommendation and a $150 price target, citing the potential of its lead assets, ozekibart and INBRX-106. Analyst Dara Azar noted that ozekibart and INBRX-106 are designed to target DR5 and OX40, respectively, which he identified as two of the most highly sought-after receptors in oncology. The analyst estimates $5.3B - $5.8B in risk-unadjusted sales for the candidates, a projection he said "remains largely unpriced at current levels even after appropriate risk adjustments.” INBRX-106 is a hexavalent agonist targeted at head and neck squamous cell carcinoma, and ozekibart is a tetravalent agonist targeted at colorectal cancer and a rare cancer called chondrosarcoma. “We think this is only the visible portion of the investment case," the analyst wrote, adding that "there is an emerging or theoretical much larger upside tied to these assets’ broader utility and the platform that could lift that peak estimate substantially." More on Inhibrx Biosciences Inhibrx Biosciences FY25 Review: Catalyst-Driven Hold Ahead Of Key 2026 Data Inhibrx: Ozekibart Beyond Chondrosarcoma, With Other Targeted Indications, Too Seeking Alpha’s Quant Rating on Inhibrx Biosciences Historical earnings data for Inhibrx Biosciences Financial information for Inhibrx Biosciences
Firefly Aerospace ( FLY ) announced a new collaboration with Nvidia ( NVDA ) to enable rapid on-orbit processing in lunar orbit for the company's Ocula Moon imaging service. As part of the collaboration, an Nvidia ( NVDA ) Jetson module was embedded on high-resolution Lawrence Livermore National Laboratory telescopes and delivered to Firefly's ( FLY ) spacecraft facility ahead of integration on it...
Firefly Aerospace ( FLY ) announced a new collaboration with Nvidia ( NVDA ) to enable rapid on-orbit processing in lunar orbit for the company's Ocula Moon imaging service. As part of the collaboration, an Nvidia ( NVDA ) Jetson module was embedded on high-resolution Lawrence Livermore National Laboratory telescopes and delivered to Firefly's ( FLY ) spacecraft facility ahead of integration on its Elytra orbital vehicle. "Ocula will be powered by the world’s leading edge AI processor. This capability allows us to layer on our SciTec AI software as the ‘brains’ that give customers real-time, data-driven insights from the Moon," highlighted Firefly Aerospace ( FLY ) CEO Jason Kim. The Ocula service will be activated onboard Elytra as part of Firefly's ( FLY ) second mission to the Moon, which is targeted to launch no earlier than late 2026. Elytra will first serve as a transfer vehicle and long-haul communications relay for Firefly’s Blue Ghost lander. Elytra will then remain operational in lunar orbit for approximately five years, capturing continuous imagery for the Ocula service, supporting advanced lunar surface mapping, mineral detection, and reconnaissance. Firefly ( FLY ) said its AI-powered software will further enable advanced space domain awareness in lunar orbit. Following Blue Ghost Mission 2, Firefly ( FLY ) is on contract to deploy two additional Elytra vehicles to lunar orbit as part of Blue Ghost Mission 3 and Mission 4, enabling faster revisit times for space domain awareness, lunar surface mapping, and resource detection. Shares of Firefly Aerospace ( FLY ) rallied 9.8% in early afternoon trading and carved out a new 2026 high earlier in the session. More on Firefly Aerospace Inc. Firefly Aerospace: Shares Have Yet To Price In Growth Firefly Aerospace: No Profits, No Bull Case Firefly Aerospace Inc. (FLY) Q4 2025 Earnings Call Transcript SA Asks: What's the most attractive space stock right now? Lockheed Martin, Firefly test rapid-launch capabilitie...
Sunshine Seeds/iStock via Getty Images Investment Thesis I reiterate the recommendation to sell assets that track oil and buy assets that track oil companies. Fortunately, the Iran conflict did not escalate into a catastrophic situation, and a 14-day ceasefire was a nnounced. My intention with this article is to share my perceptions on the topic and show the clearest investment thesis given this s...
Sunshine Seeds/iStock via Getty Images Investment Thesis I reiterate the recommendation to sell assets that track oil and buy assets that track oil companies. Fortunately, the Iran conflict did not escalate into a catastrophic situation, and a 14-day ceasefire was a nnounced. My intention with this article is to share my perceptions on the topic and show the clearest investment thesis given this situation. The Chronology of the Ceasefire The situation in Iran was heading towards a tragic outcome as the deadline imposed by President Trump passed. The US attacked the island of Kharg in Iran, and President Trump even claimed that an entire civilization would die that night. Fortunately, the situation headed towards a positive outcome. News reports indicate that Pakistan was responsible for mediating the situation. Initially, the country's authorities asked American authorities to increase the negotiation period to two weeks. In return, the Pakistani Prime Minister requested the Iranians to agree to reopen the Strait of Hormuz for two weeks. President Trump published on Truth Social that he decided to postpone the attacks, and Iran's Supreme Security Council indicated that negotiations with the United States will begin on Friday, April 10, in Islamabad, after presenting a 10-point proposal. Although this truce does not signal the end of the war, it is a great relief! The first ships have already started crossing the Strait of Hormuz, as we can see below. The stock market reacted positively to this truce. Hormuz Traffic (Marine Traffic) Impact on the Stock Market As a consequence of the ceasefire, the stock market, represented by Dow Futures, S&P Futures, and Nasdaq Futures, is expected to soar. At the same time, oil fell below $100 due to expectations of an increase in supply with the reopening of the Strait. Prices (SA) All the data mentioned above serves as a background to understand the current scenario. Now, I am able to provide my outlook for the future, such as wh...
Wednesday's surge may not be based entirely on fundamentals, according to Piper Sandler. The Dow Jones Industrial Average , S & P 500 and Nasdaq Composite all ripped more than 2% on Wednesday after the U.S. and Iran agreed to a two-week ceasefire. Those gains pushed the indexes back above their 200-day moving averages, key technical levels watched by traders. The rally also left the benchmarks tes...
Wednesday's surge may not be based entirely on fundamentals, according to Piper Sandler. The Dow Jones Industrial Average , S & P 500 and Nasdaq Composite all ripped more than 2% on Wednesday after the U.S. and Iran agreed to a two-week ceasefire. Those gains pushed the indexes back above their 200-day moving averages, key technical levels watched by traders. The rally also left the benchmarks testing their 50-day averages. On paper, these moves seem like positives for a market mired by headline volatility. But Craig Johnson, Piper's chief market technician, warned that such a move above the 200-day — where the averages had seen resistance since the war began — could trigger a short squeeze among traders. This phenomenon occurs when investors and traders are forced to quickly cover short positions, giving the underlying security an additional artificial boost. "If buyers can maintain strength above the 200-day MAs, the possibility of a further short-covering squeeze that rallies toward the 50-day MAs may unfold," Johnson wrote. .SPX mountain 2026-02-27 .SPX since Feb. 27, 2026. That could mean the jump equities are experiencing Wednesday may not be the start of a real rally, but rather investors trying to recalibrate their portfolios. Johnson pointed out that small- and midcap stocks have outperformed amid the war in the Middle East, as they were still trading above their 200-day moving averages. He expected those groups to continue to be relatively strong and advised clients to buy the dip in energy names — which he says still have long-term upside. As for the major averages, Johnson thinks more time is needed to construct a new bull cycle, though that could happen if the markets experience strong breadth over the next few days. For now, though, he believes intermediate risks remain to the downside. "From a sentiment perspective, this appears to be more of just a temporary contrarian bounce than an actual climbing of a wall of worry," Johnson wrote. .RUT mountain 2...
April 8 () - Meta Platforms on Wednesday unveiled Muse Spark, the first artificial intelligence model from a team it assembled last year through a costly talent war and sweeping internal restructuring to catch up with rivals in the AI race. tech giants are under pressure to prove their massive AI outlays will pay off.
April 8 () - Meta Platforms on Wednesday unveiled Muse Spark, the first artificial intelligence model from a team it assembled last year through a costly talent war and sweeping internal restructuring to catch up with rivals in the AI race. tech giants are under pressure to prove their massive AI outlays will pay off.
(RTTNews) - Shares of Delta Air Lines, Inc. (DAL) are moving up about 6 percent on Wednesday morning trading after the company reported higher adjusted net income and revenue for the first quarter.
(RTTNews) - Shares of Delta Air Lines, Inc. (DAL) are moving up about 6 percent on Wednesday morning trading after the company reported higher adjusted net income and revenue for the first quarter.
MoMo Productions/DigitalVision via Getty Images Thesis Astrana Health, Inc.’s ( ASTH ) buy case for me really comes down to a mispriced growth compounder with a few structural advantages. We have a company delivering between 20% and 30% top and bottom line growth, strong free cash flow generation, and even clear operating leverage, yet if we glance over the valuation, it’s still trading at pretty ...
MoMo Productions/DigitalVision via Getty Images Thesis Astrana Health, Inc.’s ( ASTH ) buy case for me really comes down to a mispriced growth compounder with a few structural advantages. We have a company delivering between 20% and 30% top and bottom line growth, strong free cash flow generation, and even clear operating leverage, yet if we glance over the valuation, it’s still trading at pretty deep discounts compared to peers. So it seems the market is essentially pricing in execution or regulatory risk. The upside I see from this is that Astrana has a very diversified, risk-bearing model with strong cost control, as I'll explain. They also have an impressive G&A efficiency at around 6.8%, which would suggest they're better insulated than most of the competition. I feel that if they simply execute on guidance and maintain margins, there’s meaningful multiple expansion potential to come in 2026 alongside earnings growth. It’s quite an attractive risk/reward setup. It's also worth noting here that Astrana recently disclosed some material weakness in internal controls from those acquisitions. It likely contributes a lot to the current valuation discount and can't be ignored. It's more so from integration complexity rather than underlying business performance, in my opinion, and management expects no changes to reported financials, which was good to hear. FY25 Review Just to take a quick look at their FY25 earnings , we did see some pretty significant growth across revenue, adjusted EBITDA, and even free cash flow. Total revenue came in at $3.18 billion, about a 56% increase from the $2.03 billion we saw last year. We can put this mainly down to their Care Partners segment, which grew about 55% to contribute a hefty $3.02 billion. There was also a nice increase in adjusted EBITDA to $205.4 million, up 21% from $170.4 million a year ago. So all in all, there was pretty strong operational leverage here, even with some elevated costs from acquisitions and integration ac...
The market produced many artificial intelligence (AI) stock winners in 2025, as the S&P 500 index soared to new heights. However, it has been a different story in 2026, with many of these stocks stumbling through the first quarter of the year. While not every AI stock that outperformed in 2025 deserved to, the reverse is true this year, in that not every stock that has fallen has done so for good ...
The market produced many artificial intelligence (AI) stock winners in 2025, as the S&P 500 index soared to new heights. However, it has been a different story in 2026, with many of these stocks stumbling through the first quarter of the year. While not every AI stock that outperformed in 2025 deserved to, the reverse is true this year, in that not every stock that has fallen has done so for good reason. And that is where the big opportunity lies. With the onset of the war with Iran and fears of peak AI infrastructure spending, the market has rotated out of growth stocks and into value stocks. However, as the market has shown over the past two decades, top technology growth stocks are where you want to be invested for the long term. Continue reading
zoff-photo/iStock via Getty Images Over the last few years now, one of the absolute best calls that I have made involves Granite Construction ( GVA ), a fascinating business that provides services like site preparation services, mining services, and infrastructure services, to the construction industry. It also engages in other activities, such as catering to railroads, airports, the mass transit ...
zoff-photo/iStock via Getty Images Over the last few years now, one of the absolute best calls that I have made involves Granite Construction ( GVA ), a fascinating business that provides services like site preparation services, mining services, and infrastructure services, to the construction industry. It also engages in other activities, such as catering to railroads, airports, the mass transit facility market, and even the residential development space. To many investors, this might not seem exciting. But to me, the firm benefits from being directly exposed to what makes this world function at a foundational level. But that's not the only reason I find it attractive. I actually believe that, over the long haul, it has been deeply discounted compared to other similar enterprises. That's why I decided to reaffirm it as a "Strong Buy" candidate when I last wrote about it in January of this year. Since then, the stock has outperformed the market, dipping only 2.4% while the S&P 500 is down 8.3%. But that's not all. Since I originally turned bullish about it in March 2023, the stock is up 189.7%. That is drastically higher than the 54.5% increase that the S&P 500 saw over the same window of time. Even though the stock has dropped lately, I believe that the market continues to underestimate its potential. The company remains a high-quality operator, and it is focused on growth in large part through acquisition activities. These two things combined justify, in my view, a very bullish outlook. That is why I have no problem reaffirming it as a "Strong Buy" candidate at this time. Digging into Granite Construction Author - SEC EDGAR Data Given the amount of time that has passed since my last article about Granite Construction, investors have only been given access to data covering one additional operating quarter. Honestly, that was a great quarter for the company. This would be the final quarter of 2025, when management reported revenue of $1.17 billion. This happened to ...