Abdullah Hayayei, 36, died in London accident in 2017 Practice throwing cage fell on and killed UAE athlete UK Athletics has been fined £350,000 for the “wholly avoidable” death of a Paralympian who was killed during a training session in east London. Abdullah Hayayei, 36, a father of five, was preparing to represent the United Arab Emirates at the World Para Athletics Championships when a 440lb p...
Abdullah Hayayei, 36, died in London accident in 2017 Practice throwing cage fell on and killed UAE athlete UK Athletics has been fined £350,000 for the “wholly avoidable” death of a Paralympian who was killed during a training session in east London. Abdullah Hayayei, 36, a father of five, was preparing to represent the United Arab Emirates at the World Para Athletics Championships when a 440lb practice throwing cage toppled on to him at Newham Leisure Centre in July 2017 . Continue reading...
loops7/iStock via Getty Images Sure enough, Hive Digital ( HIVE ) has been a volatile stock so far. My bullish thesis hasn't played as anticipated. Mainly because of weak crypto sentiment and Bitcoin trading in a downtrend. So, since my last piece , the stock has been down 23%. And it has underperformed the benchmark by quite a bit. But did it change the broader thesis? Well, no, not really. Simpl...
loops7/iStock via Getty Images Sure enough, Hive Digital ( HIVE ) has been a volatile stock so far. My bullish thesis hasn't played as anticipated. Mainly because of weak crypto sentiment and Bitcoin trading in a downtrend. So, since my last piece , the stock has been down 23%. And it has underperformed the benchmark by quite a bit. But did it change the broader thesis? Well, no, not really. Simply put, it seems that the market is still pricing HIVE as a Bitcoin miner. But that's only one side of the coin. In my opinion, it's riding two supercycles of AI HPC and Bitcoin mining activity. And I still think that both of the industries remain tied to significant tailwinds in the years to come. So, I am not throwing in the towel just yet. I give Hive Digital a Buy rating. Here's my thesis. Solid Quarterly Performance Raises Confidence in Management Last night Hive Digital reported its quarterly earnings . Quite frankly, it was a good one. And even considering its revenue miss . Personally, I liked the report a lot. Why? Well, the dual focus on mining and HPC operations already gives HIVE fruit. Of course, there was a significant impact on revenue because of Bitcoin's volatility. But there's nothing structural that would make me rethink my bull case around HIVE. Now, it posted $71.8 million in revenue this quarter. So, that's still about a 230% increase on a year-over-year basis versus roughly $31.2 million in the same quarter last year. That's a big jump. HIVE: Revenue (TTM) (YCharts) What I truly liked about this earnings report is that its AI HPC pivot experienced solid demand. Such revenue derived from HPC reached $4.6 million . And that's a 54% surge on a year-over-year basis versus $3 million. But Bitcoin mining revenue here still was key top line driver with $67.2 million . So, one should keep in mind that likely the market will view Hive Digital as primarily a miner over the next few months. But given AI HPC revenue surge.. Well, it should become much more diversi...
bizoo_n Ethereum ( ETH-USD ) staking ratio climbed to a fresh all-time high of ~32.42% on Tuesday, with ~39M ETH worth nearly ~$80B now locked in validators. This means almost one-third of Ethereum's total supply is staked and effectively removed from liquid markets, with many investors now expecting the price to recover. The trend is notable because staking kept rising even as the crypto asset's ...
bizoo_n Ethereum ( ETH-USD ) staking ratio climbed to a fresh all-time high of ~32.42% on Tuesday, with ~39M ETH worth nearly ~$80B now locked in validators. This means almost one-third of Ethereum's total supply is staked and effectively removed from liquid markets, with many investors now expecting the price to recover. The trend is notable because staking kept rising even as the crypto asset's price fell about ~7% over the past week to around $1,972. Meanwhile, according to the CoinMarketCap chat, trading activity surged, with 24-hour volume jumping ~23% to ~$18.12B. However, the reduced supply does not always outweigh short-term selling pressure, liquidations, and broader market weakness. In fact, the biggest altcoin saw $87.74M in liquidations over the last 24 hours, highlighting continued volatility. At the same time, institutional activity remained active. According to Onchain Lens, BlackRock ( BLK ) moved 4.5K Bitcoin ( BTC-USD ) and 17.5K ETH, worth about $347M, into Coinbase Prime, highlighting strong confidence even as the crypto-asset trades below recent highs. More on Ethereum USD Bitcoin Held The $75K Test, But Options Confirmation Is Still Narrow Bitcoin And Ethereum Technical Outlook: Cryptos Fail To Generate Momentum Continuous Confusion Bitcoin's Upside Signal Faded; Ethereum Remains The Fragile Side Prices, policy, pressure, flows all in action: What's happening in crypto market? Donald Trump's 'saved crypto industry' bullish claim—but market voted bearish
Qualcomm (NASDAQ:QCOM) just had one of its most violent single-day reversals of the year, and the question on every shareholder’s mind is whether $228.99 can become $300 before the calendar flips. Based on our proprietary model, the answer is yes, though the path will be volatile. Our 24/7 Wall St. price target for QCOM stock ... Can Qualcomm Hit $300 This Year? Here’s The Answer
Qualcomm (NASDAQ:QCOM) just had one of its most violent single-day reversals of the year, and the question on every shareholder’s mind is whether $228.99 can become $300 before the calendar flips. Based on our proprietary model, the answer is yes, though the path will be volatile. Our 24/7 Wall St. price target for QCOM stock ... Can Qualcomm Hit $300 This Year? Here’s The Answer
Douglas Rissing/iStock via Getty Images I've been skeptical toward American Superconductor Corporation ( AMSC ) during its recent rally. Like pretty much any investor passing on a derivative play on power, generative artificial intelligence, and/or data centers, I've been wrong. AMSC has doubled off February lows, and gained 83% over the past twelve months. Bulls no doubt see an imminent return to...
Douglas Rissing/iStock via Getty Images I've been skeptical toward American Superconductor Corporation ( AMSC ) during its recent rally. Like pretty much any investor passing on a derivative play on power, generative artificial intelligence, and/or data centers, I've been wrong. AMSC has doubled off February lows, and gained 83% over the past twelve months. Bulls no doubt see an imminent return to late 2025 highs over $60, and beyond. But while I'm open to the possibility of American Superconductor being the next major winner, that skepticism still holds. AMSC's broad profile suggests the company is a huge beneficiary of genAI, with impressive revenue growth, solid profitability, and expanding margins. The company's strategy, particularly around two recent acquisitions, seems wise, and demand appears set to only grow. There are two problems, however. The first is that recent performance has been far less impressive than headline numbers suggest. The second is that much of the American Superconductor business is not nearly as well-positioned for secular trends as bulls might suggest. Overall, this is a solid company with stable growth — yet the stock is being treated as if American Superconductor is on the same ride as other infrastructure winners. So far, that hasn't been the case, and it puts a lot of pressure on results in fiscal 2026: American Superconductor needs to prove that its business is as good as its stock is pricing in. Breaking Down the American Superconductor Business It's worth understanding the various revenue sources here, and we can get a reasonable good picture with the combination of 10-K filings and a bit of arithmetic. In fiscal 2023 (ending March 2024), American Superconductor generated revenue of $145.6 million . $122.1 million came from the Grid segment, and $23.6 million from the Wind business. Nearly $19 million of revenue in the latter segment came from India's Inox Wind. Overall revenue grew an impressive 37%, with Wind more than doublin...
Richard Drury/DigitalVision via Getty Images The expected long-term total return for the Global Market Index (GMI) continued to tick higher in May, rising to the highest level in recent history. Although the annualized performance outlook has edged up to a mid-7% forecast, the current outlook remains well below GMI’s realized return over the trailing ten-year window. GMI is a market-value-weighted...
Richard Drury/DigitalVision via Getty Images The expected long-term total return for the Global Market Index (GMI) continued to tick higher in May, rising to the highest level in recent history. Although the annualized performance outlook has edged up to a mid-7% forecast, the current outlook remains well below GMI’s realized return over the trailing ten-year window. GMI is a market-value-weighted mix of the major asset classes (excluding cash) via ETF proxies. Today’s long-run outlook is calculated as the average of three models (defined below). The current 7.6% annualized estimate for GMI ticked up from last month’s estimate but is still substantially below the trailing 10.1% annualized return that GMI has generated over the past decade. In line with recent history, about a third of GMI’s components are projected to generate returns below their respective results over the past ten years (indicated by the red boxes in the far-right column below). GMI expected performance is also subpar vs. its trailing ten-year history through May: 7.6% vs. 10.1%. GMI represents a theoretical benchmark for the “optimal” portfolio that’s suited for the average investor with an infinite time horizon. Accordingly, GMI is useful as a starting point for customizing asset allocation and portfolio design to match a particular investor’s expectations, objectives, risk tolerance, etc. GMI’s history suggests that this passive benchmark’s performance will be competitive with most active asset allocation strategies, especially after adjusting for risk, trading costs, and taxes. It’s likely that some, most, or possibly all of the forecasts above will be wide of the mark to some degree. GMI’s projections, however, are expected to be somewhat more reliable vs. the estimates for its components. Predictions for the specific markets (US stocks, commodities, etc.) are subject to greater variability compared with aggregating the forecasts into the GMI estimate, a process that may reduce some of the er...
At $460.52, Microsoft (NASDAQ:MSFT) is a Hold over the next 12 months, with a reasonable target near $560 if AI monetization compounds. The stock is a fortress business priced like one, and the debate is whether cloud dominance justifies a historic valuation premium. Microsoft owns the productivity stack, the second-largest public cloud, and a deep ... Does Microsoft’s Cloud Dominance Justify a Hi...
At $460.52, Microsoft (NASDAQ:MSFT) is a Hold over the next 12 months, with a reasonable target near $560 if AI monetization compounds. The stock is a fortress business priced like one, and the debate is whether cloud dominance justifies a historic valuation premium. Microsoft owns the productivity stack, the second-largest public cloud, and a deep ... Does Microsoft’s Cloud Dominance Justify a Historic Valuation Premium? Buy, Sell or Hold
champc/iStock via Getty Images Information technology stocks are showing strengthening earnings momentum as analysts raise profit expectations across several areas of the sector, including semiconductors, communications equipment, AI infrastructure, and enterprise technology. Strong EPS revision trends are often closely watched by investors because upward earnings estimate revisions can signal acc...
champc/iStock via Getty Images Information technology stocks are showing strengthening earnings momentum as analysts raise profit expectations across several areas of the sector, including semiconductors, communications equipment, AI infrastructure, and enterprise technology. Strong EPS revision trends are often closely watched by investors because upward earnings estimate revisions can signal accelerating demand, improving margins, and stronger long-term growth prospects. 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 IT sector screen highlights companies with market capitalizations ranging from roughly $10.76 billion to nearly $396.58 billion, with all names on the list earning the highest possible A+ EPS Revision Grade. The list includes Amkor Technology ( AMKR ), Cognex ( CGNX ), and Ciena ( CIEN ), reflecting strong earnings estimate momentum across semiconductor packaging, industrial automation, and networking infrastructure. The broader list is heavily concentrated in semiconductor and communications equipment companies, underscoring continued investor focus on AI, data center expansion, and next-generation connectivity technologies. Additional companies featured in the screen include Entegris ( ENTG ), Lam Research ( LRCX ), Marvell Technology ( MRVL ), MACOM Technology Solutions ( MTSI ), Palantir Technologies ( PLTR ), and Viavi Solutions ( VIAV ). Among the group, Ciena and Palantir stand out with Strong Buy Quant Ratings alongside their top EPS Revision Grades. The list spans several corners of the technology industry, from semiconductor manufacturing equipment and chip infrastructure to AI software platforms and network testing solutions, highlighting broad-based improvements in earnings expectations across the IT sector. Top IT stocks by EPS Revision Grade: Amkor Technology ( AMKR ) - EPS Revision Grade: A+ Cognex ( CGNX ) - EPS Revision G...
JHVEPhoto/iStock Editorial via Getty Images Introduction It should be clear from the start of this article that Ingram Micro ( INGM ) is not a high-margin compounder. This is still a distribution business, and the margin profile is thin even by broad technology-sector standards. However, that’s also why the valuation is interesting. The stock is already being valued like a low-quality distributor,...
JHVEPhoto/iStock Editorial via Getty Images Introduction It should be clear from the start of this article that Ingram Micro ( INGM ) is not a high-margin compounder. This is still a distribution business, and the margin profile is thin even by broad technology-sector standards. However, that’s also why the valuation is interesting. The stock is already being valued like a low-quality distributor, while the recent operating results look better than that. If the company can keep growing, protect operating leverage, and reduce friction in the distribution model, I think the stock is attractive. Q1 Showed Better Momentum Than The Multiple Suggests Net sales grew 13.7% year-over-year, gross profit rose 12% to $926 million, and non-GAAP net income increased to $175.5 million. Management also said the quarter came in at or above the high end of guidance. The growth was fairly broad. Cloud grew 25% year-over-year on an FX-neutral basis, or 34% adjusted for the CloudBlue divestiture. Advanced Solutions grew 14% on an FX-neutral basis, helped by servers, networking, GPU, and AI infrastructure demand. Client and Endpoint Solutions grew nearly 8% on an FX-neutral basis, helped by notebooks, desktops, the refresh cycle, and AI PC penetration. Geographically, the business also looked healthy. North America and Asia Pacific both grew just over 12% on an FX-neutral basis, while Latin America and EMEA also contributed growth. APAC was the second-largest region by net revenue, with $4.1 billion in Q1 sales, behind North America at $5.0 billion. However, the market seems skeptical about whether this growth can continue. According to the Seeking Alpha earnings estimate table, the stock trades at 8.62x 2026 non-GAAP earnings, 7.67x 2027 earnings, and 6.95x 2028 earnings. Analysts expect EPS growth of 13.04% in 2026, 12.42% in 2027, and 10.32% in 2028. Revenue growth is expected to slow after 2026, but the earnings profile still looks better than the multiple suggests. AI Infrastructure...
Successor to Nicholas Serota from August picks out AI as being one of the major challenges facing the sector The media executive Dawn Airey has been appointed chair of Arts Council England (Ace), and immediately identified AI as a key challenge facing the sector. Airey, whose CV includes top jobs at ITV, Channel 5 and Sky, will replace Sir Nicholas Serota, whose tenure coincided with one of the mo...
Successor to Nicholas Serota from August picks out AI as being one of the major challenges facing the sector The media executive Dawn Airey has been appointed chair of Arts Council England (Ace), and immediately identified AI as a key challenge facing the sector. Airey, whose CV includes top jobs at ITV, Channel 5 and Sky, will replace Sir Nicholas Serota, whose tenure coincided with one of the most challenging times for the arts in recent memory. Continue reading...