Prosecutors cite ChatGPT messages as key evidence Gabriella Perpetuo died of blunt force injuries Former NFL linebacker Darron Lee has been indicted on a murder charge in the death of his partner . A grand jury in Hamilton County returned an indictment on Tuesday. Prosecutors dismissed a tampering with evidence charge to focus solely on the more serious allegation, Hamilton County district attorne...
Prosecutors cite ChatGPT messages as key evidence Gabriella Perpetuo died of blunt force injuries Former NFL linebacker Darron Lee has been indicted on a murder charge in the death of his partner . A grand jury in Hamilton County returned an indictment on Tuesday. Prosecutors dismissed a tampering with evidence charge to focus solely on the more serious allegation, Hamilton County district attorney Coty Wamp said. Continue reading...
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City. Spencer Platt | Getty Images U.S. stock futures were little changed on Thursday night as traders looked ahead to SpaceX's historic initial public offering on Friday. S&P 500 futures added 0.2%, and Nasdaq 100 futures rose 0.2%. Futures tied to the Dow Jones Industrial Average gained 70 points, or 0.1%. Stocks rallied...
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City. Spencer Platt | Getty Images U.S. stock futures were little changed on Thursday night as traders looked ahead to SpaceX's historic initial public offering on Friday. S&P 500 futures added 0.2%, and Nasdaq 100 futures rose 0.2%. Futures tied to the Dow Jones Industrial Average gained 70 points, or 0.1%. Stocks rallied on Thursday, following a rebound in chip stocks and President Donald Trump signaling that the U.S. and Iran could soon sign a peace deal . The S&P 500 rose 1.75%, while the tech-heavy Nasdaq Composite gained 2.54%. The Dow Jones Industrial Average jumped 929.97 points, or 1.86%. On Thursday, Trump told reporters in the Oval Office that a deal between the U.S. and Iran would have a "signing soon, and the documents are in pretty final shape. It should be done and it should be done pretty quickly." The president added that under the deal, "Iran will never have a nuclear weapon." Equities had rallied earlier in the day, after Trump said in a Truth Social post that he had called off the strikes on Iran originally planned for Thursday evening. Heading into Friday, all eyes will be watching SpaceX, Elon Musk's rocket maker, as it debuts on the Nasdaq. SpaceX, set to go public under the ticker symbol SPCX, has set a fixed price of $135 per share, which would put its valuation at $1.77 trillion. The company plans to sell 555.6 million shares, amounting to a $75 billion fundraise that would be the largest initial public offering in history . It's more than triple the size of Alibaba's $22 billion offering in 2014, currently the biggest U.S. IPO to date. If the IPO goes according to plan, it could offer a major catalyst for stocks on Friday. But some investors are concerned that due to the offering's sheer size, it could pressure the market . Even if the market can digest these new shares of SpaceX, IPOs are known to be volatile, and Friday's offering could trigger another rotation i...
The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +1.75%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.86%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +3.29%. June E-mini S&P futures (ESM26 ) rose +1.73%, and June E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +1.75%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.86%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +3.29%. June E-mini S&P futures (ESM26 ) rose +1.73%, and June E-mini Nasdaq futures...
Meta remains one of the highest-quality tech companies in the market, and the recent pullback may encourage more investors to take a closer look at its stock.
Meta remains one of the highest-quality tech companies in the market, and the recent pullback may encourage more investors to take a closer look at its stock.
Meta remains one of the highest-quality tech companies in the market, and the recent pullback may encourage more investors to take a closer look at its stock.
Meta remains one of the highest-quality tech companies in the market, and the recent pullback may encourage more investors to take a closer look at its stock.
To enhance operational efficiency and customer experience, Cathay Financial Holdings (Cathay FHC) continues to advance the application of generative AI in financial services through its generative AI technical framework, GAIA, and AI-as-a-Service (AIaaS) strategy. Building on last year's validation of large language models (LLMs) for financial applications, Cathay FHC recently unveiled its latest ...
To enhance operational efficiency and customer experience, Cathay Financial Holdings (Cathay FHC) continues to advance the application of generative AI in financial services through its generative AI technical framework, GAIA, and AI-as-a-Service (AIaaS) strategy. Building on last year's validation of large language models (LLMs) for financial applications, Cathay FHC recently unveiled its latest AI research findings at NVIDIA GTC Taipei 2026, demonstrating how open-source small language models
tumsasedgars/iStock via Getty Images Article Thesis Adobe Inc. ( ADBE ) has reported its fiscal Q2 results on Thursday, easily beating the consensus on both lines. Growth remains good, investors get a massive shareholder yield, and yet, shares sold off -- despite ADBE already being inexpensive before the earnings release. I think that this market reaction makes no sense and that this is a clear bu...
tumsasedgars/iStock via Getty Images Article Thesis Adobe Inc. ( ADBE ) has reported its fiscal Q2 results on Thursday, easily beating the consensus on both lines. Growth remains good, investors get a massive shareholder yield, and yet, shares sold off -- despite ADBE already being inexpensive before the earnings release. I think that this market reaction makes no sense and that this is a clear buying opportunity, as I will show in this article. Past Coverage I have written about Adobe Inc. here on Seeking Alpha in the past, with my most recent article being from December 2025, around half a year ago. I was bullish back then -- so far, this thesis has not worked out well, as ADBE has continued to pull back. With Adobe reporting its Q2 results on Thursday, I want to update my thesis today. What Happened? Adobe Inc. released the earnings results for its fiscal second quarter following the market's close on Thursday -- with the headline numbers looking like this: Adobe Inc. Q2 results (Seeking Alpha) We see that the company beat the Wall Street consensus on both lines, with a roughly 3% revenue beat as well as a roughly 3% earnings per share beat. Outperforming the analyst consensus is something ADBE does regularly -- this was the 14th double beat in a row. I thus wasn't too surprised to see Adobe do better than what the analyst community had expected. The market seemingly didn't like what Adobe reported, as shares dropped by around 5% in post-market trading at the time of writing -- I believe that shares will likely remain volatile on Friday as more investors and analysts digest ADBE's results. Adobe's Q2: Good Operating Performance Let's delve into the numbers: Adobe's top line, at $6.6 billion, was around 13% higher compared to one year earlier. This is, I believe, a good growth rate in any scenario, and it is, importantly, also one of the best growth rates in ADBE's recent history -- the last time revenues grew by 13% year-over-year was in 2022. Adobe's growth rate...
Khosrork/iStock Editorial via Getty Images Oxford Industries, Inc. ( OXM ) reported its Q1 '26 results this week. The results were not good, with falling sales in two of the most important brands, falling margins, and not particularly encouraging expectations for the year. Considering the company's performance over the past two years, I do not understand why it continues to trade at a mid-teens mu...
Khosrork/iStock Editorial via Getty Images Oxford Industries, Inc. ( OXM ) reported its Q1 '26 results this week. The results were not good, with falling sales in two of the most important brands, falling margins, and not particularly encouraging expectations for the year. Considering the company's performance over the past two years, I do not understand why it continues to trade at a mid-teens multiple on guided earnings. I believed the stock was hard to justify at $44 before the release, and I still find it hard to justify at $35 after the release. I therefore maintain a Hold rating. Q1 '26 Results Oxford's results were weak, even if adjusted EPS came above guidance. Aggregate sales were almost flat, at $391 million compared to $393 million last year. A big part of this, however, came from food & beverage (Marlin restaurants), up 14%, which was mostly driven by non-comps (openings) according to the call . For apparel, retail comps were down 2%, and wholesale fell 5%. Aggregate margins were also not good. Gross margin fell from 64.2% to 62.3% on a GAAP basis. The company attributed the decline mainly to $11 million of higher tariff costs and a $4 million larger LIFO charge. Adjusted gross margin, excluding LIFO, to 63.4%. The fact that tariffs made margins go down is an indication of a lack of pricing power. SG&A increased by another 1pp of sales, driven by new openings and by the investment and startup costs in the company's new distribution center. Focusing on the brands, the main positive was Tommy Bahama. Sales were up 4%, to $225 million, with comps in the same range. The brand's margins improved a little (EBITDA up 20 bps). Management nonetheless commented that the brand softened in April and May, although it expects some of that to reverse with the Father's Day timing shift. April/May is already starting to be the brand's (and the company's more generally) core selling season. Lilly Pulitzer was bad, similar to previous results. Sales fell 9%, and comps were...