Yuliia Kaveshnikova/iStock via Getty Images When it comes to the electric vehicle space, perhaps the most disappointing large cap name to date has been Lucid ( LCID ). The luxury EV name has continually failed to achieve lofty growth targets, resulting in large losses and cash burn. After the company's Q1 report again dashed near term growth hopes, we saw a significant rise in the number of bets a...
Yuliia Kaveshnikova/iStock via Getty Images When it comes to the electric vehicle space, perhaps the most disappointing large cap name to date has been Lucid ( LCID ). The luxury EV name has continually failed to achieve lofty growth targets, resulting in large losses and cash burn. After the company's Q1 report again dashed near term growth hopes, we saw a significant rise in the number of bets against the stock. Previous coverage of the name The last time I looked at Lucid was back in mid-April, right after the company reported some preliminary Q1 results and detailed its latest capital raise. With a supplier issue leading to a massive delivery shortfall, revenues came in well short of street estimates. Another large quarterly loss resulted in tremendous cash burn, putting a strain on the already shaky balance sheet. Since that time, Lucid shares have dropped roughly 19.5%, despite US markets racing to new highs with the S&P 500 up almost 8%. A look at the Q1 results Even after Lucid announced preliminary results, analysts didn't cut their numbers enough. Thus, when the March quarter numbers fully came, revenues of $282.5 million still badly missed street estimates, despite being in-line with guidance. The result was 20% revenue growth over the prior year period, but the number would have been much higher if not for the supplier issue. Thanks to the delivery shortfall, gross margins came in at negative 110.35%, the worst figure in nearly two years. The company's operating loss was nearly $1 billion again for the quarter, including a nearly $38 million charge for workforce reduction. Throw in some interest expenses and other accounting items, and Lucid's net loss of more than $1.13 billion was up more than $400 million from what was seen in Q1 2025. Earlier this year, management called for production this year of 25,000 to 27,000 vehicles. When Lucid went public through a SPAC several years ago, the company's presentation called for deliveries of 251,000 vehicles t...
Key PointsState Street SPDR S&P Aerospace & Defense ETF provides concentrated exposure to the industrial sector while ARK Space & Defense Innovation ETF includes significant holdings in technology
Key PointsState Street SPDR S&P Aerospace & Defense ETF provides concentrated exposure to the industrial sector while ARK Space & Defense Innovation ETF includes significant holdings in technology
At Microsoft's annual Build conference on Tuesday, the company announced a slew of new or expanded AI initiatives, including a super app, in-house reasoning models, a cybersecurity tool, and OpenClaw-esque AI agents. All this news added up to a clear message: Microsoft is positioned to be one of the biggest players in AI, and it's finally acting like it. For years, Microsoft's AI business leaned h...
At Microsoft's annual Build conference on Tuesday, the company announced a slew of new or expanded AI initiatives, including a super app, in-house reasoning models, a cybersecurity tool, and OpenClaw-esque AI agents. All this news added up to a clear message: Microsoft is positioned to be one of the biggest players in AI, and it's finally acting like it. For years, Microsoft's AI business leaned hard on its early and exclusive partnership with OpenAI. But the drama-filled marriage slowly devolved into a situationship, and the pair effectively separated in late April (though Microsoft is still OpenAI's primary cloud partner - for now). This … Read the full story at The Verge.
Intel (NasdaqGS:INTC) introduced new rackscale AI infrastructure at Computex, targeting agentic and inference workloads in data centers. The company announced the commercial launch timeline for Xeon 6+ processors on its 18A process, aimed at AI and cloud-scale compute. Intel expanded collaborations with partners including Foxconn, Siemens, and Hitachi to support multi-vendor, disaggregated AI syst...
Intel (NasdaqGS:INTC) introduced new rackscale AI infrastructure at Computex, targeting agentic and inference workloads in data centers. The company announced the commercial launch timeline for Xeon 6+ processors on its 18A process, aimed at AI and cloud-scale compute. Intel expanded collaborations with partners including Foxconn, Siemens, and Hitachi to support multi-vendor, disaggregated AI systems. For investors tracking AI compute, Intel (NasdaqGS:INTC) is moving beyond single-chip...
Seeking Alpha analyst Danil Sereda is turning bullish on PayPal ( PYPL ), citing excessive pessimism and attractive valuations, while Bay Area Ideas has upgraded JetBlue ( JBLU ) from Sell to Hold as bankruptcy concerns fade. On the downside, James Foord is ringing the register on Micron ( MU ) after the stock hit his $1,000 price target, and Oliver Rodzianko warns that Oracle ( ORCL ) has become ...
Seeking Alpha analyst Danil Sereda is turning bullish on PayPal ( PYPL ), citing excessive pessimism and attractive valuations, while Bay Area Ideas has upgraded JetBlue ( JBLU ) from Sell to Hold as bankruptcy concerns fade. On the downside, James Foord is ringing the register on Micron ( MU ) after the stock hit his $1,000 price target, and Oliver Rodzianko warns that Oracle ( ORCL ) has become overextended despite its AI-driven momentum. Upgrades PayPal Holdings ( PYPL ): Upgrade Hold to Buy by Danil Sereda . The analyst believes the market is overly pessimistic about PayPal’s prospects and sees the stock as attractively valued on forward metrics. New CEO Enrique Lores’s restructuring efforts, targeting $1.5 billion in savings through AI-driven efficiencies, could serve as a catalyst. “PYPL looks cheap on a forward basis (almost on any metric I pick), so that's why I believe that even a small positive can move up the stock. With all this in mind, I'm cautiously upgrading my rating back to "Buy."” JetBlue Airways ( JBLU ): Upgrade Sell to Hold by Bay Area Ideas . The upgrade reflects improved demand trends and effective cost management, with Q2 RASM guidance pointing to 9%-12% growth. While fuel price volatility remains a concern, immediate bankruptcy risk appears to have diminished. “JetBlue's financial position is in decent shape, and bankruptcy isn't imminent yet. If fuel prices stay higher for longer, there is a risk that there will be strain at the company, but as a whole, the company remains in a respectable state.” Downgrades Micron Technology ( MU ): Downgrade to Sell by James Foord . Following a rapid rally that reached the analyst’s $1,000 price target for 2026, the rating is lowered on concerns that supply and demand dynamics are shifting. Rising competition and evolving AI architectures may erode Micron’s HBM pricing power. “ While earnings estimates have been revised, and MU could go higher from here, there are enough compelling reasons to sell. Conce...
Don Wu/E+ via Getty Images Co-authored by Kody's Dividends Thousands have lived without love, not one without water - W. H. Auden I absolutely love investing in companies that are part of our daily lives that we don't give a second thought about. Consider this, how much thought do you give to turning the water on when you brush your teeth in the morning, at night, or at lunchtime? How much thought...
Don Wu/E+ via Getty Images Co-authored by Kody's Dividends Thousands have lived without love, not one without water - W. H. Auden I absolutely love investing in companies that are part of our daily lives that we don't give a second thought about. Consider this, how much thought do you give to turning the water on when you brush your teeth in the morning, at night, or at lunchtime? How much thought do you put into the water that flows into the toilet or out of the faucet when you wash your hands? Likely, you just expect it to be there. Yet this wasn't always the case, and it isn't always the case for much of the world around us. There are countries around the globe that do not have access to readily reliable water. Within the Western Hemisphere, there is a great expectation and reliance upon fresh running water being readily available at a moment's notice. We pay our water bills without a second thought because we need and rely upon the utilities that provide us with water, both to come into our house and to go out of it to remove waste. This is one reason why I am a big fan of investing in water-oriented investments, including holding multiple water utilities in my own personal portfolio. Today, I want to take a moment and look at one of those water utilities that I hold. Let's dive in! Don’t Miss Out On This Dividend Champion Artesian Resources Q1 2026 Earnings Press Release When we covered Artesian Resources ( ARTNA ) with a Buy rating in March , we liked its status as a Dividend Champion, the record investments in water and wastewater infrastructure in 2025, and we thought that the interest coverage ratio was healthy. When ARTNA shared its Q1 2026 earnings report on May 5, it reinforced our thesis. The company’s total operating revenue grew by 7.3% year-over-year to $27.77 million during the quarter. That was mostly due to the implementation of temporary rate increases in Delaware. This is legally allowed as the company waits for a decision on its rate case filed...
On June 1, CNBC reported that Berkshire Hathaway (NYSE:BRK-B) invested an additional $10 billion in Alphabet (NASDAQ:GOOGL) through a private stock purchase, deepening its bet on artificial intelligence. The move makes Berkshire Hathaway a meaningful participant in Alphabet’s larger $80 billion equity raise aimed at funding AI infrastructure and global computing capacity expansion. This is Berkshi...
On June 1, CNBC reported that Berkshire Hathaway (NYSE:BRK-B) invested an additional $10 billion in Alphabet (NASDAQ:GOOGL) through a private stock purchase, deepening its bet on artificial intelligence. The move makes Berkshire Hathaway a meaningful participant in Alphabet’s larger $80 billion equity raise aimed at funding AI infrastructure and global computing capacity expansion. This is Berkshire’s ... Buffett’s Berkshire Hathaway Just Made its First Major AI Investment: Here’s the Next AI Bu
From a massive DOGE data breach and the hacking of critical energy and water systems to the hack of an FBI surveillance system, here are the most damaging security incidents and data breaches of 2026.
From a massive DOGE data breach and the hacking of critical energy and water systems to the hack of an FBI surveillance system, here are the most damaging security incidents and data breaches of 2026.
Martin Barraud U.S. factory orders rose 4.8% to $662.7B in April, vs. +4.3% consensus, and +1.8% to $632.7B prior (revised from +1.5%), according to data released by the U.S. Census Bureau on Wednesday. New orders for manufactured goods increased in five of the last six months during April. Shipments, up six of the last seven months, increased by 1.0% to $641.0B after a 1.5% increase recorded in M...
Martin Barraud U.S. factory orders rose 4.8% to $662.7B in April, vs. +4.3% consensus, and +1.8% to $632.7B prior (revised from +1.5%), according to data released by the U.S. Census Bureau on Wednesday. New orders for manufactured goods increased in five of the last six months during April. Shipments, up six of the last seven months, increased by 1.0% to $641.0B after a 1.5% increase recorded in March (revised from +1.4%). Unfilled orders advanced twenty-one of the last twenty-two months, increasing 1.7% to $1,569.0B in April, following a 0.2% rise in March (revised from 0.1%) . The unfilled orders-to-shipments ratio was 6.95 for the month, up from 6.88 in March. Inventories, up seven consecutive months, increased 0.3% to $959.1B after a 0.7% increase in March (revised from 0.6%) . More on U.S. Economy Trump reportedly poised to drop $1.8B 'weaponization' fund Trump says Iran 'really wants to make a deal' as peace talks enter new month Jerome Powell: Fed credibility at risk if presidents can fire officials
As summers get hotter, investment and education are vital to ensure we all have access to the clean, safe water we need A local row about swimmers and swans in Hampstead Heath has now inspired a government reaction . Environment ministers over the weekend wrote to the City of London Corporation, which oversees the heath, to say that they were “deeply concerned” by footage of crowds of people in th...
As summers get hotter, investment and education are vital to ensure we all have access to the clean, safe water we need A local row about swimmers and swans in Hampstead Heath has now inspired a government reaction . Environment ministers over the weekend wrote to the City of London Corporation, which oversees the heath, to say that they were “deeply concerned” by footage of crowds of people in the water during last week’s heatwave. One viral video showed young revellers – who had defied a “no swimming” sign – in a wildlife pond, disturbing the nesting birds. It was picked up by the press, with headlines calling the swimmers “selfish”, “horrible” and “appalling”. Like many who saw it, I was saddened and shocked at the disregard for animals : people were clambering over nests, and trying to reach an island specially safeguarded for birds. Yet I also wondered what a polarised, emotive debate is going to achieve when, lurking behind the justified anger, is another question about our access to water. Rhiannon Lucy Cosslett is a Guardian columnist Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here . Continue reading...