We just covered the Jeff Bezos Stock Portfolio: Top 10 Stock Picks and Remitly Global, Inc. (NASDAQ:RELY) ranks 7th on this list. Jeff Bezos’s relationship with Remitly Global, Inc. (NASDAQ:RELY) began during the digital remittance platform’s formative startup phase over a decade ago. In 2012, Bezos’s personal investment arm, Bezos Expeditions, stepped in as a […]
We just covered the Jeff Bezos Stock Portfolio: Top 10 Stock Picks and Remitly Global, Inc. (NASDAQ:RELY) ranks 7th on this list. Jeff Bezos’s relationship with Remitly Global, Inc. (NASDAQ:RELY) began during the digital remittance platform’s formative startup phase over a decade ago. In 2012, Bezos’s personal investment arm, Bezos Expeditions, stepped in as a […]
Bitcoin is back in every headline this week, with the world’s largest cryptocurrency hovering around $73,673 and traders debating whether the dip is the bottom. But here’s what you should actually be watching. Bitcoin is the crowded trade dressed up as a contrarian one. It is down 15.8% year to date and down 30.22% over ... Forget Bitcoin! 1 Historically Cheap Stock to Buy Right Now Instead of the...
Bitcoin is back in every headline this week, with the world’s largest cryptocurrency hovering around $73,673 and traders debating whether the dip is the bottom. But here’s what you should actually be watching. Bitcoin is the crowded trade dressed up as a contrarian one. It is down 15.8% year to date and down 30.22% over ... Forget Bitcoin! 1 Historically Cheap Stock to Buy Right Now Instead of the World’s Largest Cryptocurrency
We just covered the Jeff Bezos Stock Portfolio: Top 10 Stock Picks and Rivian Automotive, Inc. (NASDAQ:RIVN) ranks 5th on this list. Rivian Automotive, Inc. (NASDAQ:RIVN) has a dual-layered financial partnership with Jeff Bezos, as the former is the central hardware element of Amazon’s corporate climate initiative. In February 2019, Bezos personally directed Amazon to […]
We just covered the Jeff Bezos Stock Portfolio: Top 10 Stock Picks and Rivian Automotive, Inc. (NASDAQ:RIVN) ranks 5th on this list. Rivian Automotive, Inc. (NASDAQ:RIVN) has a dual-layered financial partnership with Jeff Bezos, as the former is the central hardware element of Amazon’s corporate climate initiative. In February 2019, Bezos personally directed Amazon to […]
CEO of OpenAI Sam Altman arrives at the courthouse on the day of the trial in Elon Musk's lawsuit over OpenAI for-profit conversion at a federal courthouse in Oakland, California, U.S., May 12, 2026. Carlos Barria | Reuters Florida Attorney General James Uthmeier on Monday filed a lawsuit against OpenAI and its CEO Sam Altman , alleging that the artificial intelligence company knowingly released a...
CEO of OpenAI Sam Altman arrives at the courthouse on the day of the trial in Elon Musk's lawsuit over OpenAI for-profit conversion at a federal courthouse in Oakland, California, U.S., May 12, 2026. Carlos Barria | Reuters Florida Attorney General James Uthmeier on Monday filed a lawsuit against OpenAI and its CEO Sam Altman , alleging that the artificial intelligence company knowingly released an unsafe product that could harm users. The 83-page complaint claims that OpenAI's ChatGPT chatbot has aided and abetted mass shooters in "deadly rampages," driven vulnerable people to suicide, harmed users' critical thinking skills and caused minors to become addicted to the tool, which "feigns human compassion." "This litany of harms is driven by Defendants' insatiable quest to win the AI arms race and amass large fortunes, despite knowing the danger of ChatGPT," the filing said. With the lawsuit, Uthmeier's office is seeking to hold Altman personally liable for the alleged harm he has caused to Florida residents because of his conduct as CEO, including his "utter disregard for the risk to human life," according to the complaint. It is also seeking to force OpenAI to comply with obligations under the Florida Deceptive and Unfair Trade Practices Act. OpenAI did not immediately respond to CNBC's request for comment. Read more CNBC tech news SpaceX skeptics have added reason for concern after Musk comments diverge from IPO filing Infighting, court battles could put long-hyped air taxi breakthrough in jeopardy Blue Origin rocket explodes on launchpad during ground test Nvidia is investing billions into an emerging technology that could change the AI industry Uthmeier's lawsuit is the latest example of OpenAI's mounting legal woes. The company is being sued by seven families of the victims of the Tumbler Ridge mass shooting, which took place in Canada in February. The families allege that the attacker used OpenAI's ChatGPT chatbot to plan the attack, and that the company did n...
isil terzioglu/iStock via Getty Images With travel demand remaining healthy and U.S. resort fundamentals showing no signs of a slowdown, Goldman Sachs takes a more constructive view of the timeshare space and now sees Marriott Vacations and Travel + Leisure Co. ( TNL ) as a Buy, and views Hilton Grand Vacations ( HGV ) with a balanced risk/reward. “Investor debate has increasingly shifted away fro...
isil terzioglu/iStock via Getty Images With travel demand remaining healthy and U.S. resort fundamentals showing no signs of a slowdown, Goldman Sachs takes a more constructive view of the timeshare space and now sees Marriott Vacations and Travel + Leisure Co. ( TNL ) as a Buy, and views Hilton Grand Vacations ( HGV ) with a balanced risk/reward. “Investor debate has increasingly shifted away from macro concerns, integration issues, and execution missteps in 2024 and 2025 towards execution-driven earnings growth and self-help,” Goldman Sachs analysts led by Lizzie Dove write in their note to clients. As one of the more compelling self-help stories in gaming, lodging, and leisure, with an attractive valuation and current earnings “materially” understating the structural EBITDA potential of the business, Dove and team upgrade Marriott Vacations Worldwide ( VAC ) to Buy from Neutral with a revised price target of $100, representing 17% upside to Friday’s closing price. More importantly, VAC management appears to be gaining traction on a number of controllable operational initiatives, while underlying demand trends remain healthy, Dove adds. Travel + Leisure ( TNL ) also earned an upgrade to Buy on its “compelling long-term algo of mid-single-digit EBITDA growth and EPS growth in the teens,” which Dove views as unachievable elsewhere in Goldman’s travel coverage at TNL’s current valuation. “TNL has avoided some of the mistakes of its peers and instead stuck to its bread and butter and focused on execution of its core business. Additionally, we believe TNL’s 2026 guidance is too conservative,” the analyst team notes. TNL is assigned a new price target of $85, translating to 25% upside to Friday’s closing price. Finally, Hilton Grand Vacations ( HGV ) is no longer considered a Sell by the analyst team, as the reasons for the bearish rating are no longer relevant. “HGV has come through the [Bluegreen Vacation] integration and is starting to harvest the benefits from HGV M...
A seemingly boundless rally in space-related firms is showing further signs of weakness, with several stocks stumbling for a second day on Monday, as the public debut of Elon Musk ’s SpaceX looms. The Procure Space ETF — trading under the ticker “UFO” — has dropped almost 11% in just two sessions. Over the same period, shares in Intuitive Machines Inc. and Rocket Lab Corp. each have fallen about 1...
A seemingly boundless rally in space-related firms is showing further signs of weakness, with several stocks stumbling for a second day on Monday, as the public debut of Elon Musk ’s SpaceX looms. The Procure Space ETF — trading under the ticker “UFO” — has dropped almost 11% in just two sessions. Over the same period, shares in Intuitive Machines Inc. and Rocket Lab Corp. each have fallen about 17% and retail-darling AST SpaceMobile Inc. has sunk almost 23%. Virgin Galactic Holdings Inc. soared as much as 44% on Monday before paring gains to as little as 1.1%. The group first took a hit late last week after Jeff Bezos -backed Blue Origin saw its New Glenn rocket explode during a late Thursday test in Florida. Friday also saw Space Exploration Technologies Corp., better known as SpaceX, cut its IPO valuation target to $1.8 trillion from at least $2 trillion. “That implies valuations are a bit rich,” said Bloomberg Intelligence analyst George Ferguson . The Blue Origin blow-up was “a reminder that this is a difficult business,” he added. In recent weeks, the cohort of rocket, satellite and other space-related stocks surged as SpaceX’s imminent, record-setting IPO boosted investor interest in the sector. The Procure Space ETF, for example, is still up almost 60% year-to-date despite the recent rout. Read More: Space Rally Gets Reality Check With Blue Origin Blowup Jefferies analyst Greg Konrad downgraded space infrastructure firm Redwire Corp. to hold from buy on Monday. Konrad wrote that the stock’s recent gains do not correlate with financials and instead reflect “multiple expansion on the excitement of the SpaceX IPO that has shed a positive spotlight on the space sector.” Redwire shares sank 16% on Monday, after closing down 5.1% on Friday. Before the selloff, the stock price had almost tripled last month to a record high. For BI’s Ferguson, as the SpaceX debut creeps closer, investors in the sector may reallocate their exposure toward the Musk venture. “The marke...
PM Images/DigitalVision via Getty Images Consumer discretionary stocks are showing improving earnings momentum as analysts raise profit expectations across several retail, automotive, restaurant, and e-commerce companies. Strong EPS revision trends are often closely watched by investors because upward earnings estimate revisions can signal resilient consumer demand, stronger margins, and improving...
PM Images/DigitalVision via Getty Images Consumer discretionary stocks are showing improving earnings momentum as analysts raise profit expectations across several retail, automotive, restaurant, and e-commerce companies. Strong EPS revision trends are often closely watched by investors because upward earnings estimate revisions can signal resilient consumer demand, stronger margins, and improving business fundamentals. Seeking Alpha’s EPS Revision Quant Grades rank stocks based on changes in analysts’ earnings estimates using a grading scale that ranges from F to A+. The latest screen highlights consumer discretionary companies with market capitalizations above $10 billion across a wide range of industries, including discount retail, luxury goods, online commerce, restaurants, automotive manufacturing, and consumer services. Leading the list are Five Below ( FIVE ) and Ross Stores ( ROST ), both of which earned the highest possible A+ EPS Revision Grade. Five Below currently carries a Strong Buy Quant Rating of 4.69, while Ross Stores holds a Hold rating of 3.42. Burlington Stores ( BURL ) and Tapestry ( TPR ) follow closely with A EPS Revision Grades, reflecting continued strength in discount retail and branded consumer goods. Amazon ( AMZN ) rounds out the top five with an A- EPS Revision Grade and stands out as the largest company on the list with a market capitalization of approximately $2.91 trillion. Amazon also carries the highest overall Quant Rating among the group at 4.95, earning a Strong Buy designation. The screen further includes companies spanning multiple consumer-focused industries, including Aramark ( ARMK ), AutoZone ( AZO ), Darden Restaurants ( DRI ), eBay ( EBAY ), and General Motors ( GM ). The diversity of the list highlights broad-based improvements in earnings expectations across several corners of the consumer discretionary sector. Seeking Alpha’s Quant system evaluates stocks using multiple factors including valuation, growth, profitabil...
‘The heat is a challenge but we are prepared already’ Head coach believes team can go far at tournament Heat and humidity will be obstacles to overcome but England have full belief in their ability and can go far at the World Cup, Thomas Tuchel has said. The head coach has received help from Team GB, drawing on their Olympic experiences, and other specialists to find solutions for the weather cond...
‘The heat is a challenge but we are prepared already’ Head coach believes team can go far at tournament Heat and humidity will be obstacles to overcome but England have full belief in their ability and can go far at the World Cup, Thomas Tuchel has said. The head coach has received help from Team GB, drawing on their Olympic experiences, and other specialists to find solutions for the weather conditions. Some of Tuchel’s 26-player squad flew from Birmingham to Miami on Monday for a 10-day hot-weather acclimatisation camp. Arsenal’s Bukayo Saka, Declan Rice, Noni Madueke and Eberechi Eze have been given more time to recover after Saturday’s Champions League final and Crystal Palace’s Dean Henderson, who played the Conference League final last week, is also expected to be a later arrival. Continue reading...