Drazen_/E+ via Getty Images Introduction Fluor ( FLR ) is an engineering and construction company that also deals in procurement of materials. It facilitates customer designs for large customers, builds and manages projects for companies in various sectors like energy, mining, infrastructure, mission solutions, advanced manufacturing and data centres. Due to the exposure to several sectors and an ...
Drazen_/E+ via Getty Images Introduction Fluor ( FLR ) is an engineering and construction company that also deals in procurement of materials. It facilitates customer designs for large customers, builds and manages projects for companies in various sectors like energy, mining, infrastructure, mission solutions, advanced manufacturing and data centres. Due to the exposure to several sectors and an overall service-based business model although there are risks, there is also diversification and because other companies spend huge amount of capital so much so that the project has become very complicated - then Fluor comes in and deliver the results with discipline - which is what gives it a clear cash generative business and a moat around it. Fluor now has a market capitalization of ~$6.20 billion (I have used share price in this article at $44.36). FLR’s setup was about NuScale previously but as of May 2026, it has already been monetized. My going forward thesis now is while the asset sale proceeds have funded the buyback, the backlog mixture is much better, and if (normalized) free cash flow comes back (and used for further buybacks) then the stock can re-rate to a higher value. Greenlight Capital has a position declared in the stock and they have a very bullish case on it (which I completely agree with). My own work shows the stock to be around $58 to $62 per share, which is about 30% to 40% upside from the price used here. According to the Greenlight thesis - Fluor can become a much better-quality EPC company, with stronger normalized EBITDA, a much cleaner backlog, aggressive buybacks and a higher multiple. Why the stock is interesting Greenlight Capital/David Einhorn has highlighted Fluor as one of the stocks that can benefit from a capital spending boom. OnInvest reported that Einhorn believes Fluor is poised for success and revaluation , and that the shares could climb to $115 within next several years (going forward). That is much higher than where the stock tra...
Wigmore Hall, London The veteran chamber music venue kicked off a celebratory two-week festival with a starry lineup of performers playing works that had featured on the first ever programme In May 1901, Wigmore Hall’s inaugural concert began, of course, with God Save the King – the words sounding novel to an audience who, until a few months earlier, had been singing it for Queen Victoria. The pro...
Wigmore Hall, London The veteran chamber music venue kicked off a celebratory two-week festival with a starry lineup of performers playing works that had featured on the first ever programme In May 1901, Wigmore Hall’s inaugural concert began, of course, with God Save the King – the words sounding novel to an audience who, until a few months earlier, had been singing it for Queen Victoria. The programme continued with a starry lineup including the composer and piano virtuoso Ferruccio Busoni performing Beethoven and the violinist Eugène Ysaÿe playing unaccompanied Bach. A partial recreation of that evening kicked off the hall’s fortnight of celebrations of its 125th birthday, and once the national anthem was out of the way - dispatched from the platform by soprano Louise Alder and pianist Joseph Middleton – it felt less like a historical exercise than a celebration of what this venue has always been good at. The concert was billed as a gala but was less formal, shorter and tighter than that might have suggested, partly thanks to being broadcast live: no indulgent speeches, just short links from Radio 3’s Ian Skelly filling us in on the venue’s history. The hall was originally built in 1901 by Bechstein, the piano manufacturer, whose showrooms were next door on Wigmore Street, and was intended as a place where audiences could hear the finest pianists of the day showcasing the company’s instruments. Continue reading...
The Andes mountains frame what was once a wetland – now a stretch of dry, yellowed grass. Rodrigo Vallejos, a final-year law student, noticed the change five years ago while observing the Quilicura wetland, on the northern outskirts of Santiago. One of Chile’s largest swamps, spanning 468.4 hectares (about 1,200 acres) and partially protected, was drying up right before his eyes. “What you see her...
The Andes mountains frame what was once a wetland – now a stretch of dry, yellowed grass. Rodrigo Vallejos, a final-year law student, noticed the change five years ago while observing the Quilicura wetland, on the northern outskirts of Santiago. One of Chile’s largest swamps, spanning 468.4 hectares (about 1,200 acres) and partially protected, was drying up right before his eyes. “What you see here is a wetland without water,” says Vallejos, who has investigated the causes alongside activists from the group Resistência Socioambiental de Quilicura. “I discovered that Quilicura is home to the largest concentration of datacentres in Latin America.” Chile’s push to become the regional tech hub now faces backlash as datacentres have drained water from drought-stricken wetlands, consuming billions of litres annually. While companies such as Google and Microsoft defend their water use, residents highlight minimal job creation, high power consumption and failed environmental offsets. View image in fullscreen The Quilicura wetland, which activists say is drying now ‘a wetland without water’. With 33 centres operating and 34 more planned, experts urge sustainable solutions – such as relocating to southern Chile – to balance tech growth with ecological limits. The datacentre boom in Chile began in 2015, when Google opened its first and largest server room in Latin America, in Quilicura. Since then, five more have been established in the district, operated by Brazilian Ascenty, Chilean Sonda and the US-based Cirion and Microsoft. In a 2022 report, Vallejos estimated that the largest datacentres in the area – Ascenty, Google, Microsoft and Sonda – consume 1.5bn litres of water annually. Google’s facilities alone hold water rights allowing the extraction of 50 litres per second – roughly equivalent to the annual consumption of 8,500 Chilean households . Studies show that water table levels beneath the Quilicura wetland have dropped alarmingly over the past decades due to intensiv...
The Los Angeles Philharmonic has announced that Daniel Harding is to be its next music director. The UK-born Harding, 50, will begin his tenure in the 2027/28 season, with an initial contract for six years. Gustavo Dudamel, the orchestra’s music director since 2009, leaves the role in August 2026 – the Venezuelan conductor is heading east to become music and artistic director of the New York Philh...
The Los Angeles Philharmonic has announced that Daniel Harding is to be its next music director. The UK-born Harding, 50, will begin his tenure in the 2027/28 season, with an initial contract for six years. Gustavo Dudamel, the orchestra’s music director since 2009, leaves the role in August 2026 – the Venezuelan conductor is heading east to become music and artistic director of the New York Philharmonic, but he will retain close connections with the Los Angeles orchestra as its artistic and cultural laureate. In his new role, Harding will oversee the programming across the organisation, including its presentations at Walt Disney concert hall, the Hollywood Bowl and the Ford, along with Youth Orchestra Los Angeles (Yola). He will conduct eight weeks of programming in his first season, increasing to 12 weeks in subsequent years. The orchestra was founded in 1919 and has commissioned and premiered works by composers ranging from Stravinsky and Schoenberg to Lutosławski and John Adams. Over the past 14 years it has won 11 Grammy awards for recordings made with Dudamel. President and chief executive Kim Noltemy said: “We are immensely proud to welcome Daniel Harding as the LA Phil’s next music director, following an extensive search led by a committee of our musicians, board and staff. He is greatly admired by the orchestra and was the overwhelming choice based on their feedback. His intellectual curiosity, passion for bringing in and engaging with new audiences, global perspective, and talent for nurturing emerging voices directly align with the LA Phil’s mission and vision.” View image in fullscreen A thrill and an inspiration… Daniel Harding conducting the LA Phil in ‘Rachmaninoff Under The Stars’ at the Hollywood Bowl in August 2025 Photograph: Elizabeth Asher “Making music with the magnificent LA musicians is a thrill and an inspiration,” said Harding. “Inheriting an orchestra with a tradition that includes Giulini [music director 1978–1984] and Mehta [1962–1978] a...
Welcome to Next Africa, a daily newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. In today’s edition, we look at the political upheaval in Senegal, and: Ebola risks spreading across borders Ramaphosa challenges the cash-in-a-sofa report What happens if the Hormuz strait doesn’t reopen? Friends to Foes The abrupt dismissal of Ousm...
Welcome to Next Africa, a daily newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. In today’s edition, we look at the political upheaval in Senegal, and: Ebola risks spreading across borders Ramaphosa challenges the cash-in-a-sofa report What happens if the Hormuz strait doesn’t reopen? Friends to Foes The abrupt dismissal of Ousmane Sonko as Senegal’s prime minister was likely meant to close the chapter on one of Africa’s most closely watched political partnerships. Instead, it may only have shifted the battleground. Two days after President Bassirou Diomaye Faye fired his longtime ally and former mentor following months of growing tensions, the resignation of parliamentary speaker Malick Ndiaye opened a path for Sonko’s rapid return to a center of power. Lawmakers voted Sonko in as head of the National Assembly on Tuesday, quickly elevating him back to being one of the West African nation’s top politicians. That places him in a position to shape, delay or pressure the agenda of the same administration that just removed him from office. The split in the one-time powerful alliance that swept into office in 2024 — with Faye at the helm after Sonko was barred from running — has been a while in the making . What began as tensions over authority and political control widened into disagreements about economic direction, relations with international partners and the pace of prosecutions against figures tied to former President Macky Sall. Those differences could now become harder to manage. Senegal is already facing mounting fiscal pressures and sensitive negotiations around debt and financing after the discovery of billions of dollars in previously undisclosed liabilities. Sonko has taken a harder line against debt restructuring , while Faye’s camp has signaled a more pragmatic approach aimed at restoring confidence with the IMF and investors. What emerges isn’t a clean break between leadership and oppos...
Alphabet (GOOGL) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this internet search leader have returned +9.3%, compared to the Zacks S&P 500 composite's +4.4% change. During this period, the Zacks Internet - Services ind...
Alphabet (GOOGL) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this internet search leader have returned +9.3%, compared to the Zacks S&P 500 composite's +4.4% change. During this period, the Zacks Internet - Services industry, which Alphabet falls in, has gained 10%. The key question now is: What could be the stock's future direction? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Earnings Estimate Revisions Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For the current quarter, Alphabet is expected to post earnings of $2.85 per share, indicating a change of +23.4% from the year-ago quarter. The Zacks Consensus Estimate has changed +2% over the last 30 days. For the current fiscal year, the consensus earnings estimate of $14.29 points to a change of +32.2% from the prior year. Over the last 30 days, this estimate has changed +24%. For the next fiscal year, the consensus earni...
Qualcomm (QCOM) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this chipmaker have returned +58.5%, compared to the Zacks S&P 500 composite's +4.4% change. During this period, the Zacks Electronics - Semiconductors industr...
Qualcomm (QCOM) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this chipmaker have returned +58.5%, compared to the Zacks S&P 500 composite's +4.4% change. During this period, the Zacks Electronics - Semiconductors industry, which Qualcomm falls in, has gained 7.6%. The key question now is: What could be the stock's future direction? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Revisions to Earnings Estimates Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Qualcomm is expected to post earnings of $2.27 per share for the current quarter, representing a year-over-year change of -18.1%. Over the last 30 days, the Zacks Consensus Estimate has changed -12.2%. For the current fiscal year, the consensus earnings estimate of $10.79 points to a change of -10.3% from the prior year. Over the last 30 days, this estimate has changed -2.6%. For the next fiscal year, the consensus earnings estim...
Meta Platforms (META) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this social media company have returned -10.1%, compared to the Zacks S&P 500 composite's +4.4% change. During this period, the Zacks Internet - Software industry, which Meta...
Meta Platforms (META) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this social media company have returned -10.1%, compared to the Zacks S&P 500 composite's +4.4% change. During this period, the Zacks Internet - Software industry, which Meta Platforms falls in, has lost 2.2%. The key question now is: What could be the stock's future direction? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Earnings Estimate Revisions Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements. For the current quarter, Meta Platforms is expected to post earnings of $7.11 per share, indicating a change of -0.4% from the year-ago quarter. The Zacks Consensus Estimate has changed -0.8% over the last 30 days. The consensus earnings estimate of $33 for the current fiscal year indicates a year-over-year change of +40.5%. This estimate has changed -1.1% over the last 30 days. For the next fiscal year, th...
Meta Platforms (META) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this social media company have returned -10.1%, compared to the Zacks S&P 500 composite's +4.4% change. During this period, the Zacks Internet - Software industry, which Meta...
Meta Platforms (META) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this social media company have returned -10.1%, compared to the Zacks S&P 500 composite's +4.4% change. During this period, the Zacks Internet - Software industry, which Meta Platforms falls in, has lost 2.2%. The key question now is: What could be the stock's future direction? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Earnings Estimate Revisions Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements. For the current quarter, Meta Platforms is expected to post earnings of $7.11 per share, indicating a change of -0.4% from the year-ago quarter. The Zacks Consensus Estimate has changed -0.8% over the last 30 days. The consensus earnings estimate of $33 for the current fiscal year indicates a year-over-year change of +40.5%. This estimate has changed -1.1% over the last 30 days. For the next fiscal year, th...
Qualcomm (QCOM) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this chipmaker have returned +58.5%, compared to the Zacks S&P 500 composite's +4.4% change. During this period, the Zacks Electronics - Semiconductors industr...
Qualcomm (QCOM) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this chipmaker have returned +58.5%, compared to the Zacks S&P 500 composite's +4.4% change. During this period, the Zacks Electronics - Semiconductors industry, which Qualcomm falls in, has gained 7.6%. The key question now is: What could be the stock's future direction? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Revisions to Earnings Estimates Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Qualcomm is expected to post earnings of $2.27 per share for the current quarter, representing a year-over-year change of -18.1%. Over the last 30 days, the Zacks Consensus Estimate has changed -12.2%. For the current fiscal year, the consensus earnings estimate of $10.79 points to a change of -10.3% from the prior year. Over the last 30 days, this estimate has changed -2.6%. For the next fiscal year, the consensus earnings estim...
There are growing doubts within China’s space sector that Starship, the world’s most powerful rocket being developed by SpaceX in the United States, will ever overcome its engineering and financial challenges and deliver for founder and CEO Elon Musk. Starship’s latest flight on Friday – weeks before the company’s expected initial public offering (IPO) – was described as “mostly successful” by the...
There are growing doubts within China’s space sector that Starship, the world’s most powerful rocket being developed by SpaceX in the United States, will ever overcome its engineering and financial challenges and deliver for founder and CEO Elon Musk. Starship’s latest flight on Friday – weeks before the company’s expected initial public offering (IPO) – was described as “mostly successful” by the company after engine failures occurred in both the first and second stages. After the first stage Super Heavy Booster entered the Gulf of Mexico at high speed, Starship itself “barely made it” to its designated return area in the Indian Ocean, according to observers posting on Chinese social media. Advertisement One space commenter said the test flight’s results showed the key issue was the reliability of Starship’s upgraded Raptor 3 engines, which have had a redesign to give them higher thrust and lighter weight. “A fine scientific experiment, but not a perfect story for a much-anticipated IPO,” the online commenter wrote. Advertisement SpaceX has not officially confirmed the date of its public listing, but multiple media reports have said it is planning to do so as early as June 12. “High frequency and reliability launches of Starship – as a must for delivering big promises such as orbital data centres and moon and Mars landings – are still out of sight,” the commenter added.
Amazon (AMZN) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this online retailer have returned +2% over the past month versus the Zacks S&P 500 composite's +4.4% change. The Zacks Internet - Commerce industry, to which Amazon belongs, has lost 1% over this period...
Amazon (AMZN) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this online retailer have returned +2% over the past month versus the Zacks S&P 500 composite's +4.4% change. The Zacks Internet - Commerce industry, to which Amazon belongs, has lost 1% over this period. Now the key question is: Where could the stock be headed in the near term? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Revisions to Earnings Estimates Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For the current quarter, Amazon is expected to post earnings of $1.82 per share, indicating a change of +8.3% from the year-ago quarter. The Zacks Consensus Estimate has changed +3.4% over the last 30 days. For the current fiscal year, the consensus earnings estimate of $8.85 points to a change of +23.4% from the prior year. Over the last 30 days, this estimate has changed +0.1%. For the next fiscal year, the consensus earnings estimate of $10.02 indicates a change...
Amazon (AMZN) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this online retailer have returned +2% over the past month versus the Zacks S&P 500 composite's +4.4% change. The Zacks Internet - Commerce industry, to which Amazon belongs, has lost 1% over this period...
Amazon (AMZN) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this online retailer have returned +2% over the past month versus the Zacks S&P 500 composite's +4.4% change. The Zacks Internet - Commerce industry, to which Amazon belongs, has lost 1% over this period. Now the key question is: Where could the stock be headed in the near term? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Revisions to Earnings Estimates Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For the current quarter, Amazon is expected to post earnings of $1.82 per share, indicating a change of +8.3% from the year-ago quarter. The Zacks Consensus Estimate has changed +3.4% over the last 30 days. For the current fiscal year, the consensus earnings estimate of $8.85 points to a change of +23.4% from the prior year. Over the last 30 days, this estimate has changed +0.1%. For the next fiscal year, the consensus earnings estimate of $10.02 indicates a change...
Amazon (AMZN) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this online retailer have returned +2% over the past month versus the Zacks S&P 500 composite's +4.4% change. The Zacks Internet - Commerce industry, to which Amazon belongs, has lost 1% over this period...
Amazon (AMZN) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this online retailer have returned +2% over the past month versus the Zacks S&P 500 composite's +4.4% change. The Zacks Internet - Commerce industry, to which Amazon belongs, has lost 1% over this period. Now the key question is: Where could the stock be headed in the near term? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Revisions to Earnings Estimates Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For the current quarter, Amazon is expected to post earnings of $1.82 per share, indicating a change of +8.3% from the year-ago quarter. The Zacks Consensus Estimate has changed +3.4% over the last 30 days. For the current fiscal year, the consensus earnings estimate of $8.85 points to a change of +23.4% from the prior year. Over the last 30 days, this estimate has changed +0.1%. For the next fiscal year, the consensus earnings estimate of $10.02 indicates a change...
The Fitbit Air, a new $100 screenless wearable from Alphabet Inc. ’s Google, represents a major evolution in what consumers can expect from fitness trackers as tech companies race into an era of personalized health and artificial intelligence-powered wellness insights. It’s also undeniably an answer to the rise of Whoop Inc. , a maker of fitness trackers that has found an eager fanbase in recent y...
The Fitbit Air, a new $100 screenless wearable from Alphabet Inc. ’s Google, represents a major evolution in what consumers can expect from fitness trackers as tech companies race into an era of personalized health and artificial intelligence-powered wellness insights. It’s also undeniably an answer to the rise of Whoop Inc. , a maker of fitness trackers that has found an eager fanbase in recent years among athletes and health-minded consumers. Whoop now has more than 2.5 million subscribers and a valuation exceeding $10 billion . Like smart ring pioneer Oura Health Oy, Whoop has taken a broad approach to fitness by proactively monitoring users’ health and formulating detailed plans to help achieve their desired outcome. For this audience, spitting out workout statistics and daily step counts — the bread and butter of conventional fitness trackers — is no longer enough: They want a much fuller understanding of their progress. Google is trying to appease that crowd while also appealing to a much wider swath of mainstream consumers. The Basics The Fitbit Air flips the script on Whoop’s business model. The search giant is charging consumers for the hardware up front and hoping they’ll see added value in an optional $10-a-month Google Health Premium subscription that adds extra features not available in the free version. Whoop, meanwhile, doesn’t charge for the hardware itself, but requires users to sign up for membership plans that start at $200 a year, without which the device is useless. If you buy the Fitbit Air and never pay Google another dime, you’ll be covered with basics like activity tracking and sleep tracking, as well as the ability to log nutrition and view metrics around heart rate, heart rate variability, breathing rate, blood oxygen and more. None of these are paywalled, and they should offer plenty for casual users who just want a better sense of whether they’re being active enough throughout the day, or why their sleep isn’t feeling restorative. But th...
Alphabet Inc. (GOOG) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this company have returned +8.9%, compared to the Zacks S&P 500 composite's +4.4% change. During this period, the Zacks Internet - Services industry, which Alphabet fal...
Alphabet Inc. (GOOG) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this company have returned +8.9%, compared to the Zacks S&P 500 composite's +4.4% change. During this period, the Zacks Internet - Services industry, which Alphabet falls in, has gained 10%. The key question now is: What could be the stock's future direction? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Earnings Estimate Revisions Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Alphabet is expected to post earnings of $2.85 per share for the current quarter, representing a year-over-year change of +23.4%. Over the last 30 days, the Zacks Consensus Estimate has changed +2%. The consensus earnings estimate of $14.29 for the current fiscal year indicates a year-over-year change of +32.2%. This estimate has changed +24% over the last 30 days. For the next fiscal year, the consensus earnings estimate of $14.72 indicates a change of ...
Alphabet Inc. (GOOG) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this company have returned +8.9%, compared to the Zacks S&P 500 composite's +4.4% change. During this period, the Zacks Internet - Services industry, which Alphabet fal...
Alphabet Inc. (GOOG) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this company have returned +8.9%, compared to the Zacks S&P 500 composite's +4.4% change. During this period, the Zacks Internet - Services industry, which Alphabet falls in, has gained 10%. The key question now is: What could be the stock's future direction? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Earnings Estimate Revisions Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Alphabet is expected to post earnings of $2.85 per share for the current quarter, representing a year-over-year change of +23.4%. Over the last 30 days, the Zacks Consensus Estimate has changed +2%. The consensus earnings estimate of $14.29 for the current fiscal year indicates a year-over-year change of +32.2%. This estimate has changed +24% over the last 30 days. For the next fiscal year, the consensus earnings estimate of $14.72 indicates a change of ...
Alphabet Inc. (GOOG) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this company have returned +8.9%, compared to the Zacks S&P 500 composite's +4.4% change. During this period, the Zacks Internet - Services industry, which Alphabet fal...
Alphabet Inc. (GOOG) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this company have returned +8.9%, compared to the Zacks S&P 500 composite's +4.4% change. During this period, the Zacks Internet - Services industry, which Alphabet falls in, has gained 10%. The key question now is: What could be the stock's future direction? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Earnings Estimate Revisions Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Alphabet is expected to post earnings of $2.85 per share for the current quarter, representing a year-over-year change of +23.4%. Over the last 30 days, the Zacks Consensus Estimate has changed +2%. The consensus earnings estimate of $14.29 for the current fiscal year indicates a year-over-year change of +32.2%. This estimate has changed +24% over the last 30 days. For the next fiscal year, the consensus earnings estimate of $14.72 indicates a change of ...
Apple (AAPL) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this maker of iPhones, iPads and other products have returned +15.4%, compared to the Zacks S&P 500 composite's +4.4% change. During this period, the Zacks Computer - Micro Computers ...
Apple (AAPL) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this maker of iPhones, iPads and other products have returned +15.4%, compared to the Zacks S&P 500 composite's +4.4% change. During this period, the Zacks Computer - Micro Computers industry, which Apple falls in, has gained 14.8%. The key question now is: What could be the stock's future direction? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Earnings Estimate Revisions Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Apple is expected to post earnings of $1.86 per share for the current quarter, representing a year-over-year change of +18.5%. Over the last 30 days, the Zacks Consensus Estimate has changed +6.5%. The consensus earnings estimate of $8.74 for the current fiscal year indicates a year-over-year change of +17.2%. This estimate has changed +2.7% over the last 30 days. For the next fiscal year, the consensus earnings estimate of...
Apple (AAPL) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this maker of iPhones, iPads and other products have returned +15.4%, compared to the Zacks S&P 500 composite's +4.4% change. During this period, the Zacks Computer - Micro Computers ...
Apple (AAPL) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this maker of iPhones, iPads and other products have returned +15.4%, compared to the Zacks S&P 500 composite's +4.4% change. During this period, the Zacks Computer - Micro Computers industry, which Apple falls in, has gained 14.8%. The key question now is: What could be the stock's future direction? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Earnings Estimate Revisions Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Apple is expected to post earnings of $1.86 per share for the current quarter, representing a year-over-year change of +18.5%. Over the last 30 days, the Zacks Consensus Estimate has changed +6.5%. The consensus earnings estimate of $8.74 for the current fiscal year indicates a year-over-year change of +17.2%. This estimate has changed +2.7% over the last 30 days. For the next fiscal year, the consensus earnings estimate of...
Welcome to the Brussels Edition. I’m Suzanne Lynch, Bloomberg’s Brussels bureau chief, bringing you the latest from the EU each weekday. Make sure you’re signed up . EU agriculture ministers are meeting today in Brussels, with soaring fertilizer prices due to the war in the Middle East high on the agenda. Europe is highly dependent on imports of natural gas and ammonia to make fertilizers, and far...
Welcome to the Brussels Edition. I’m Suzanne Lynch, Bloomberg’s Brussels bureau chief, bringing you the latest from the EU each weekday. Make sure you’re signed up . EU agriculture ministers are meeting today in Brussels, with soaring fertilizer prices due to the war in the Middle East high on the agenda. Europe is highly dependent on imports of natural gas and ammonia to make fertilizers, and farmers have been feeling the squeeze as prices for nitrogen and phosphate-based fertilizers have jumped at the same time as energy input prices have risen. The European Commission earlier this month unveiled a fertilizer plan that seeks to cushion the costs for farmers. It includes a proposal to consider stockpiling fertilizers, as well as an increase in the agricultural reserve in the EU budget. To ease pressure in the near term, the EU on Friday announced it will temporarily lift customs duties on nitrogen-based fertilizers such as urea and ammonia. The impact will be limited as the bloc already imports a significant portion of nitrogen-based fertilizers duty-free. Furthermore, the suspension doesn’t apply to imports from Belarus and Russia due to the war in Ukraine. Ministers today made it clear that they want swift action on the Commission’s proposal. Looking ahead, the bloc’s executive arm is trying to encourage European countries to enhance domestic production and reduce reliance on imports of key inputs. It also wants to encourage an eco-friendly approach to fertilizer production, with Denmark’s Agriculture Minister Jacob Jensen highlighting the potential of green ammonia and biogas initiatives. More controversial is a call by some countries, including France, to exempt fertilizers from CBAM, the EU’s carbon border adjustment mechanism. The measure, which entered into force in January, puts a levy on certain imports that don’t adhere to EU climate standards . So far efforts to secure an exemption from fertilizer have gotten short shrift. Discussions on the future of th...