Labour should also drill for oil and gas in North Sea, says former health secretary and leadership candidate Wes Streeting has called for national insurance tax cuts for businesses, and for the government to drill for oil and gas in the North Sea. The former health secretary and leadership candidate told the Sunday Times there should be a “targeted reduction” of employers’ national insurance contr...
Labour should also drill for oil and gas in North Sea, says former health secretary and leadership candidate Wes Streeting has called for national insurance tax cuts for businesses, and for the government to drill for oil and gas in the North Sea. The former health secretary and leadership candidate told the Sunday Times there should be a “targeted reduction” of employers’ national insurance contribution as a way to “actively incentivise” hiring, particularly of young people. Continue reading...
EvgeniyShkolenko/iStock via Getty Images Sensata Technologies ( ST ) has recently received a mix of bullish theses that have caused its stock to rise 90% this year. This is surprising given that most of its revenue (56%) comes from automotive — a cyclical, low-growth, price-competitive market where production is declining. Despite its 90% surge, its valuation multiples are still low at Non-GAAP PE...
EvgeniyShkolenko/iStock via Getty Images Sensata Technologies ( ST ) has recently received a mix of bullish theses that have caused its stock to rise 90% this year. This is surprising given that most of its revenue (56%) comes from automotive — a cyclical, low-growth, price-competitive market where production is declining. Despite its 90% surge, its valuation multiples are still low at Non-GAAP PE of 14, EV/EBITDA of 12 and EV/EBIT of also 12, and this is due to the fact that revenue is tied to a mature industry. New leadership refocused its business to more profitable ventures by exiting around $200 million of annual revenue from underperforming products and all three of its segments delivered both organic growth and margin expansion. Its aerospace, defense & commercial equipment segment grew organically 17% driven by increased spending globally and strong commercial aerospace backlogs. In Q1 2026 it beat top-line and bottom-line earnings, delivered high-growth rates and restored confidence among investors that this turnaround is really happening. While these are all valid reasons for a surge of 90%, what I think also partially helped is the thesis that it is an AI/data center beneficiary. In the Q1 2026 earnings call, CEO Von Schuckmann said this: “we're engaging earlier in the design cycle with hyperscalers and ODMs to support upfront specification” later saying “Since our last update, the strategy has resulted in our products being specced by 2 hyperscalers, and our new flow sensor product has advanced from development to customer validation.” This is a very important thesis that may as well have unlimited potential and clients with very deep pockets. The AI liquid cooling and 800VDC revolution in datacenters. Before I explain the opportunity Sensata has in this space, I have to explain the context behind this technology. For 30 years, air cooling has been the standard to use in data centers as each CPU chip would consume around 150W with a whole rack with about...
Tracking generative AI as a daily beat means watching dozens of funds slap the “AI” label on portfolios that look suspiciously like a Nasdaq-100 mirror. After cutting through that noise, three names keep surfacing as genuinely thoughtful ways to own the theme: the Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT), the Invesco AI and Next ... After Following Generative AI Every Single Day Th...
Tracking generative AI as a daily beat means watching dozens of funds slap the “AI” label on portfolios that look suspiciously like a Nasdaq-100 mirror. After cutting through that noise, three names keep surfacing as genuinely thoughtful ways to own the theme: the Roundhill Generative AI & Technology ETF (NYSEARCA:CHAT), the Invesco AI and Next ... After Following Generative AI Every Single Day These 3 ETFs Keep Rising to the Top of My Research
Alan Milburn says youth unemployment has no quick fixes – an idea with an important lesson for the wider economy Mainstream politicians are rarely direct. It is part of the reason why their populist counterparts thrive: they say it like it is. No nonsense. Let’s get things done. But last week Alan Milburn had a frank rebuttal:“Everybody goes for the bloody easy solution, don’t they? You can’t just...
Alan Milburn says youth unemployment has no quick fixes – an idea with an important lesson for the wider economy Mainstream politicians are rarely direct. It is part of the reason why their populist counterparts thrive: they say it like it is. No nonsense. Let’s get things done. But last week Alan Milburn had a frank rebuttal:“Everybody goes for the bloody easy solution, don’t they? You can’t just go for the easy solution, OK? There are no easy solutions, guys. None. They’re all hard.” Speaking at the launch of his review into Britain’s youth worklessness crisis , the former Labour cabinet minister was arguing that one tax U-turn could not fix a problem decades in the making. Continue reading...