A single comment from Nvidia chief executive Jensen Huang added tens of billions of dollars to Marvell Technology’s (MRVL) market value in one trading session. Huang predicted that Marvell would become the next company to reach a $1 trillion valuation. Traders reacted instantly, pushing the stock ...
A single comment from Nvidia chief executive Jensen Huang added tens of billions of dollars to Marvell Technology’s (MRVL) market value in one trading session. Huang predicted that Marvell would become the next company to reach a $1 trillion valuation. Traders reacted instantly, pushing the stock ...
When Hewlett Packard Enterprise (HPE) reported its Q2 results, (Oct. year), it delivered a report card so strong that it fundamentally reset market expectations. Driving that shift was a massive pivot in guidance: management announced it now expects to generate “at least $3.5 billion” in free cash flow this year. Those are the same milestones the company had originally targeted for the long term, ...
When Hewlett Packard Enterprise (HPE) reported its Q2 results, (Oct. year), it delivered a report card so strong that it fundamentally reset market expectations. Driving that shift was a massive pivot in guidance: management announced it now expects to generate “at least $3.5 billion” in free cash flow this year. Those are the same milestones the company had originally targeted for the long term, now pulled forward a full two years.
Earnings Call Insights: Orion Energy Systems (OESX) Q4 fiscal 2026 Management View "Fiscal '26 represents an exceptional year at Orion. It was a year of growth in revenue and newly achieved profitability," said (CEO & Director Sally Washlow), adding that Orion "beat this goal with $86 million in revenue and $2 million in positive adjusted EBITDA." (CEO Washlow) set fiscal 2027 expectations, saying...
Earnings Call Insights: Orion Energy Systems (OESX) Q4 fiscal 2026 Management View "Fiscal '26 represents an exceptional year at Orion. It was a year of growth in revenue and newly achieved profitability," said (CEO & Director Sally Washlow), adding that Orion "beat this goal with $86 million in revenue and $2 million in positive adjusted EBITDA." (CEO Washlow) set fiscal 2027 expectations, saying, "Orion's FY '27 outlook expects revenue of $95 million to $97 million" and "our growth outlook should once again enable Orion to achieve positive adjusted EBITDA for the full fiscal year." (CEO Washlow) highlighted a strategic product expansion into data centers, stating, "Orion fully intends to be the LED lighting provider of choice for many of these thousands of data centers," and described the offering: "Orion's multipurpose linear lighting fixture brings to this current data center building boom a customizable product designed specifically to fit the architecture and floor plan of data centers." (Executive VP, CFO, Chief Accounting Officer & Treasurer John Brodin) summarized the quarter’s revenue and profitability, saying, "we reported fiscal Q4 '26 revenue of $25.7 million" and "adjusted EBITDA improved to a positive $0.8 million in Q4 '26," while also noting the segment driver: "Lighting margin benefited from a contract amendment payment of $1.3 million, which did not have any associated cost of sales." Outlook (CEO Washlow) reiterated the company’s fiscal 2027 top-line framework: "Orion's FY '27 outlook expects revenue of $95 million to $97 million, with potential upside in the number of opportunities." On data centers, (CEO Washlow) said near-term expectations were not reflected in backlog: "our backlog really reflects that -- does not reflect that currently" and added timing language: "we think that a lot of the revenue will come later in the year as these come online -- sorry, later in our fiscal year and then in the coming years as well." Compared with the prio...
When it comes to finding a hassle-free investment option, it's hard to top the Vanguard S&P 500 ETF (NYSEMKT: VOO) . Offered by one of the most highly regarded companies in the asset management industry, this exchange-traded fund (ETF) can be exactly what investors need to bolster their portfolios for the long term. But if you buy it today, will it set you up for life? Image source: Getty Images. ...
When it comes to finding a hassle-free investment option, it's hard to top the Vanguard S&P 500 ETF (NYSEMKT: VOO) . Offered by one of the most highly regarded companies in the asset management industry, this exchange-traded fund (ETF) can be exactly what investors need to bolster their portfolios for the long term. But if you buy it today, will it set you up for life? Image source: Getty Images. Continue reading
The Hampshire force whose officers responded to the murder of Henry Nowak have a higher than average racial disparity The police force accused of anti-white racism following the murder of Henry Nowak is over five times more likely to subject black people to a stop and search than white people, according to the latest figures . The racial disparity in the Hampshire force is higher than the average ...
The Hampshire force whose officers responded to the murder of Henry Nowak have a higher than average racial disparity The police force accused of anti-white racism following the murder of Henry Nowak is over five times more likely to subject black people to a stop and search than white people, according to the latest figures . The racial disparity in the Hampshire force is higher than the average for England and Wales, and has gotten worse in recent years. Continue reading...
tsvibrav/iStock via Getty Images The U.S. Supreme Court unanimously ruled in favor of the Securities and Exchange Commission's ability to force defendants to surrender alleged illegal profits through "disgorgement," irrespective of the regulator's ability to prove that victims suffered economic harm. The court has already narrowed the SEC's authority several times in the past decade. The current c...
tsvibrav/iStock via Getty Images The U.S. Supreme Court unanimously ruled in favor of the Securities and Exchange Commission's ability to force defendants to surrender alleged illegal profits through "disgorgement," irrespective of the regulator's ability to prove that victims suffered economic harm. The court has already narrowed the SEC's authority several times in the past decade. The current case centers on Ongkaruck Sripetch, whom the SEC accused of penny-stock "pump and dump" schemes involving at least 20 companies that allegedly generated $6.6M in illicit gains. A judge ordered him to pay back $3.3M plus interest. Sripetch had argued the SEC should only be allowed to seek disgorgement when it can show measurable financial harm to victims. The SEC had said the purpose was broader: preventing wrongdoers from keeping unlawful gains. The ruling is believed to impact cases where victims are difficult to identify, including record-keeping violations, insider trading claims, and the agency’s lawsuit against Elon Musk over his delayed disclosure of a growing Twitter stake. Supporters of the SEC's disgorgement authority say the remedy prevents misconduct by stripping wrongdoers of profits. Critics argue the SEC often uses it to raise money for the Treasury rather than compensate harmed investors. In a 9-0 ruling, the Supreme Court upheld a lower court's decision that backed a wide use of the regulator's disgorgement authority. "We conclude that a showing of pecuniary loss is not required before an investor may qualify as a victim of an offender's wrongdoing entitled to compensation," said Justice Gorsuch. "Today the Supreme Court preserved one of the SEC's most potent weapons in its enforcement arsenal," said Jose Lopez, one of the country's top advisors to companies, officers, directors, and trustees in complicated securities litigation. The decision "sends a clear message that the core pillar of the SEC's mission of protecting the investing public is not a partisan ...
Shares in multi-cancer early detection (MCED) test company Grail (NASDAQ: GRAL) rose by 11.5% in early trading today, as investors took advantage of a dip in the share price following the company's much-anticipated presentation at the American Society of Clinical Oncology (ASCO) conference recently. Given the strong run-up before the presentation , it's not surprising that some investors sold afte...
Shares in multi-cancer early detection (MCED) test company Grail (NASDAQ: GRAL) rose by 11.5% in early trading today, as investors took advantage of a dip in the share price following the company's much-anticipated presentation at the American Society of Clinical Oncology (ASCO) conference recently. Given the strong run-up before the presentation , it's not surprising that some investors sold after it . It's a combination of good old-fashioned "sell on the news" alongside recognition that the data presented was mixed and didn't provide compelling evidence for investors to conclude that Grail's MCED test, Galleri, will get FDA approval and receive insurance coverage, particularly Medicare coverage. As a reminder, the Galleri test failed to meet its primary endpoint of reducing the detection of late-stage cancers (Stage III and Stage IV) in a 3-year, 142,000-person trial conducted by England's National Health Service (NHS). Continue reading
Amazon's gaming strategy has never really been clear. It's been very active in the space: acquiring Twitch , launching its Luna cloud gaming service nearly six years ago , investing heavily in MMOs during the peak of live-service wave, and having access to a huge slate of franchises through Prime Video and the MGM Studios library . Late last year, the company announced a major pivot, relaunching L...
Amazon's gaming strategy has never really been clear. It's been very active in the space: acquiring Twitch , launching its Luna cloud gaming service nearly six years ago , investing heavily in MMOs during the peak of live-service wave, and having access to a huge slate of franchises through Prime Video and the MGM Studios library . Late last year, the company announced a major pivot, relaunching Luna with a focus on party games you can play with just your phone as a controller - including an AI-powered game starring Snoop Dogg as a judge - and basically jumping ship on MMOs . At the time, it looked like a retreat, but Amazon says that isn't the … Read the full story at The Verge.
Art Wager/E+ via Getty Images Venture Global ( VG ) up 3% in Thursday's trading as J.P. Morgan upgrades the developer of liquefied natural gas production facilities to Overweight from Neutral with a $17 price target, from $16 previously, following c hanges in the LNG supply and demand backdrop due to Middle East conflict. The changes stem from LNG infrastructure damage in Qatar that could take 3-5...
Art Wager/E+ via Getty Images Venture Global ( VG ) up 3% in Thursday's trading as J.P. Morgan upgrades the developer of liquefied natural gas production facilities to Overweight from Neutral with a $17 price target, from $16 previously, following c hanges in the LNG supply and demand backdrop due to Middle East conflict. The changes stem from LNG infrastructure damage in Qatar that could take 3-5 years to repair and the question of a political risk premium previously not seen in the market, JPM analyst Jeremy Tonet says, believing the market underappreciates continuing elevated LNG volatility. While pricing has been slow to fully reflect the risk of physical supply displacement, Tonet sees upside risk to LNG prices, particularly if lingering conflict impacts and European refilling combine to stress the market, geopolitical developments that ultimately would play to Venture Global's ( VG ) strengths, leading to outsized margin capture and aiding medium- and long-term contracting. On arbitration, the analyst sees positive precedent results de-risking concerns, with 2026 cash flows also limiting the materiality of obligations. While acknowledging potential share price consolidation under a ceasefire announcement, Tonet sees Venture Global's ( VG ) LNG volatility value capture, pricing upside, contracting momentum, and growth execution creating a meaningful catalyst path ahead. More on Venture Global Venture Global Has Incredibly Strong Growth Potential Venture Global: Don't Fear Normalizing LNG Prices Venture Global Q1 2026 Earnings Call Presentation
President Trump privately signed an artificial intelligence executive order that landed considerably softer than what Big Tech and its lobbyists had been bracing for. CNBC’s Megan Cassella, reporting on the development June 2, 2026, said the document “appears to be a scaled back, slightly weaker version than what we had initially been expecting.” The White ... Trump Just Signed a Scaled-Back AI Ex...
President Trump privately signed an artificial intelligence executive order that landed considerably softer than what Big Tech and its lobbyists had been bracing for. CNBC’s Megan Cassella, reporting on the development June 2, 2026, said the document “appears to be a scaled back, slightly weaker version than what we had initially been expecting.” The White ... Trump Just Signed a Scaled-Back AI Executive Order: What the Voluntary 30-Day Review Means for Big Tech
US Sellers Pull Homes Off Market At Near-Record Pace As Buyers Balk At High Prices With March home prices across the US sliding sequentially almost 0.2%, and rising just 0.83% YoY, the weakest annual appreciation since July 2023... ... the balance in the real estate market is rapidly shifting away from a sellers' market. And sellers are not happy. A near record 5.8% of all US home listings were pu...
US Sellers Pull Homes Off Market At Near-Record Pace As Buyers Balk At High Prices With March home prices across the US sliding sequentially almost 0.2%, and rising just 0.83% YoY, the weakest annual appreciation since July 2023... ... the balance in the real estate market is rapidly shifting away from a sellers' market. And sellers are not happy. A near record 5.8% of all US home listings were pulled off the market in April, according to Redfin . That’s tied with December 2025 for the highest share since March 2020, when the onset of the pandemic ground the housing market to a halt and spooked sellers. April delistings surged 3.8% month-over-month, the second straight month in which they have increased. Prior to 2020, delistings were never as common as they are now. Delistings are on the rise largely because it’s a buyer’s market. Many homeowners want to sell - but only if they can get the price they want. In many cases, prospective sellers test the waters but pull their home off the market when they don’t get the price or terms that make selling worth it. And with most homeowners in possession of sufficient liquidity buffers to avoid the need for liquidation, expect many more delistings as expectations for rapidly rising home prices crash and burn. “ Sellers are still getting used to the post-pandemic normal ,” said Patricia Ammann, a Redfin Premier agent in Arlington, VA. “ Prices aren’t soaring like they were five years ago–high gas prices and the rising cost of living overall is trickling down to the housing market, making buyers much less likely to bid prices up. Buyers know they have negotiating power, often offering under the asking price and completing inspections, but some sellers just won’t budge.” The growing flood of AirBnB properties being dumped into a bidless market aside, Ammann noted that the most desirable properties still elicit multiple offers and sell above asking price with no contingencies. According to Redfin, there are a few forces driving ...