Key Points Sold 420,000 shares, estimated transaction value approximately $18.10 million (based on average first-quarter 2026 pricing) Position value declined by approximately $21.27 million quarter over quarter Change represents approximately 2.23% of reported 13F assets under management Fund holds zero shares post-trade The position accounted for approximately 2.0% of AUM in the prior quarter 10...
Key Points Sold 420,000 shares, estimated transaction value approximately $18.10 million (based on average first-quarter 2026 pricing) Position value declined by approximately $21.27 million quarter over quarter Change represents approximately 2.23% of reported 13F assets under management Fund holds zero shares post-trade The position accounted for approximately 2.0% of AUM in the prior quarter 10 stocks we like better than Vera Therapeutics › On May 14, 2026, Rhenman & Partners Asset Management AB disclosed it sold out its entire stake in Vera Therapeutics (NASDAQ:VERA), unloading 420,000 shares in an estimated $18.10 million trade based on the quarterly average price. What happened According to a Securities and Exchange Commission (SEC) filing dated May 14, 2026, Rhenman & Partners Asset Management AB sold its entire 420,000-share stake in Vera Therapeutics during the first quarter. The estimated transaction value was $18.10 million, based on the average share price over the quarter. The quarter-end value of the position declined by $21.27 million, reflecting the combined impact of share sales and market price movements. What else to know The fund fully exited its position in Vera Therapeutics, bringing the position’s share of 13F assets under management to zero. Top holdings after the filing: NYSE: BSX: $39.22 million (4.8% of AUM) NASDAQ: REGN: $37.16 million (4.6% of AUM) NYSE: LLY: $31.01 million (3.8% of AUM) NASDAQ: INSM: $26.12 million (3.2% of AUM) NYSE: CVS: $24.17 million (3.0% of AUM) As of May 13, 2026, shares of Vera Therapeutics were trading at $39.15, up 81.4% over the past year and outperforming the S&P 500 by 55 percentage points. Prior to the sale, the position accounted for 2.0% of the fund’s assets as of the previous quarter, underscoring its historical significance. Company overview Metric Value Price (as of market close May 13, 2026) $39.15 Market capitalization $2.81 billion Net income (TTM) ($368.95 million) One-year price change 81.4% Comp...
Katrina Paglia, chief legal officer at Pantera Capital Management, joins Isabelle Lee and Tim Stenovec on "Bloomberg Crypto." A key Senate panel recently moved forward the so-called Clarity Act even as bank associations said the bill “falls short.” (Source: Bloomberg)
Katrina Paglia, chief legal officer at Pantera Capital Management, joins Isabelle Lee and Tim Stenovec on "Bloomberg Crypto." A key Senate panel recently moved forward the so-called Clarity Act even as bank associations said the bill “falls short.” (Source: Bloomberg)
In Brief American Airlines said Tuesday it plans to install Starlink on more than 500 narrow-body Airbus aircraft beginning early next year, the latest carrier to pick the SpaceX unit for inflight Wi-Fi service. The deal provides more than just financial lift for Starlink, the satellite communications network and the only SpaceX business unit that generates meaningful revenue. It also hands SpaceX...
In Brief American Airlines said Tuesday it plans to install Starlink on more than 500 narrow-body Airbus aircraft beginning early next year, the latest carrier to pick the SpaceX unit for inflight Wi-Fi service. The deal provides more than just financial lift for Starlink, the satellite communications network and the only SpaceX business unit that generates meaningful revenue. It also hands SpaceX a win over the competition — such as Amazon Leo and other legacy providers like Viasat. Starlink satellites use a low Earth orbit to provide broadband internet for consumers as well as enterprise customers like American Airlines. The company has pursued contracts with airlines and cruise operators with some success. United Airlines, Southwest Airlines, Qatar Airways, Lufthansa Group, British Airways, and Alaska Airlines (which merged with Hawaiian Airlines) have equipped some aircraft with Starlink, according to SpaceX’s IPO registration filing that was released last week. American Airlines is the latest, although not all of its aircraft will get the Starlink upgrade. The airline’s new Airbus A321XLR and A320neo aircraft will get Starlink; its Boeing aircraft are not part of this agreement. Still, it provides another tailwind for SpaceX in the lead up to its highly anticipated IPO next month, which is projected to be the largest in history.
Are Americans really feeling worse than ever about their financial well-being? A long-running survey of consumers suggests the answer is yes, drawing a sharp rebuke President Trump’s right-hand man on the economy.
Are Americans really feeling worse than ever about their financial well-being? A long-running survey of consumers suggests the answer is yes, drawing a sharp rebuke President Trump’s right-hand man on the economy.
U.S. car manufacturers have learned a valuable lesson about electric vehicles over the past couple of years: American consumers don't like expensive EVs. That's why Ford is still pushing hard for EVs despite the $19.5 billion in losses it was recently forced to write down in its electric vehicle ...
U.S. car manufacturers have learned a valuable lesson about electric vehicles over the past couple of years: American consumers don't like expensive EVs. That's why Ford is still pushing hard for EVs despite the $19.5 billion in losses it was recently forced to write down in its electric vehicle ...
Trump-backed redistricting plan is rejected in the South Carolina Legislature toggle caption Jeffrey Collins/AP South Carolina lawmakers dealt President Trump's national redistricting effort a blow Tuesday when the state Senate voted against redistricting there after three weeks of rushed hearings and long debate. Trump had been pushing state Republicans to redraw voting lines so they could flip a...
Trump-backed redistricting plan is rejected in the South Carolina Legislature toggle caption Jeffrey Collins/AP South Carolina lawmakers dealt President Trump's national redistricting effort a blow Tuesday when the state Senate voted against redistricting there after three weeks of rushed hearings and long debate. Trump had been pushing state Republicans to redraw voting lines so they could flip a seat currently held by Democratic Rep. Jim Clyburn. It would have made all the state's seven congressional districts lean Republican and it would have extended the GOP lead in the national redistricting race, already netting them around nine more seats in the U.S. House. Early voting in the June 9 primary had started Tuesday morning and was one factor some Republican senators cited for opposing the redistricting, which had dragged on through weeks of on-and-off debate. Sponsor Message A move to bring the bill to a vote failed in the Senate when 12 Republicans joined 12 Democrats on a key procedural vote to block the 26 votes needed to end debate and bring up a vote on the bill. A second procedural vote fell even more short. The state senate is not up for election this year Several Republicans moved to the opposition saying that changing the map could disenfranchise some voters. Around 26,000 cast ballots within the first several hours of polls opening, putting Tuesday on track to break early primary voting records. Republican state Sen. Richard Cash echoed that concern from the floor Tuesday and said time had run out. "Voting has begun, it is time to conclude the matter," Cash said. "I know there's going to be a lot of anger and frustration that we did not get the job done. I get it. Many of us are also frustrated and disappointed at what is a very unsatisfying outcome." Unlike members of the House, senators are not up for reelection this year and that could give them some insulation from pressure from Trump, who generated primary challenges against Republicans elsewhere f...
Croatia is seriously considering Ante Zigman to head its central bank, according to a person familiar with the government’s thinking. Zigman, who has led the Croatian market regulator since 2018, is currently the frontrunner, said the person, speaking on the condition on anonymity as deliberations are private. The list of potential candidates also includes Sandra Svaljek and Michael Faulend , who ...
Croatia is seriously considering Ante Zigman to head its central bank, according to a person familiar with the government’s thinking. Zigman, who has led the Croatian market regulator since 2018, is currently the frontrunner, said the person, speaking on the condition on anonymity as deliberations are private. The list of potential candidates also includes Sandra Svaljek and Michael Faulend , who both hold top jobs at the central bank. Prime Minister Andrej Plenkovic ’s party is expected to nominate a candidate this week, who would then need to be approved by lawmakers. The new governor — who also becomes a rate setter at the European Central Bank — will take the seat vacated by Boris Vujcic , who’ll become ECB vice president on June 1. Zigman didn’t immediately return calls seeking comment. Earlier in his career, Zigman was an adviser in the central-bank governor’s office and worked as state secretary at the Finance Ministry. His wife, Natasa Mikus Zigman, is Plenkovic’s minister of regional development and European Union funds. Zigman currently also is a management board member at the European Insurance and Occupational Pensions Authority and at the European Securities and Markets Authority . He previously worked in the banking sector for some time, including a stint as Raiffeisen Bank’s chief economist in Croatia. Little is known about his monetary-policy stance. Zigman, 54, is likely to take office in time for the ECB Governing Council’s June 10-11 meeting, when the institution is widely expected to increase interest rates for the first time since 2023. Inflation across the euro area has surged due to the energy shock caused by the war in the Middle East. The appointment of Zigman is part of a bigger influx of fresh names at the ECB, with new French and Estonian governors also starting next month. Three other seats in the top tier of the Frankfurt-based central bank open next year — including that of President Christine Lagarde , whose mandate ends in October. F...
Volodymyr Kalyniuk/iStock via Getty Images Investors Should Know: Digital payments and fintech companies are drawing renewed attention as banks, fintech platforms, and emerging-market operators navigate the intersection of AI, stablecoins, and evolving payment infrastructure. Background AI is impacting companies across industries. The effect of innovation has been felt in the digital payments worl...
Volodymyr Kalyniuk/iStock via Getty Images Investors Should Know: Digital payments and fintech companies are drawing renewed attention as banks, fintech platforms, and emerging-market operators navigate the intersection of AI, stablecoins, and evolving payment infrastructure. Background AI is impacting companies across industries. The effect of innovation has been felt in the digital payments world, which has grown from a niche technology into a core layer of global financial infrastructure. The space, which spans everything from legacy credit card companies to massive banks to consumer-facing payment apps to cross-border remittance platforms and mobile money networks, has seen many players speak out about the impact AI will have on the industry. For instance, banks have discussed investing in AI to drive efficiency and exploring tokenized deposits. Legacy players in the credit card space -- names like Visa ( V ), Mastercard ( MA ), and American Express ( AXP ) -- have the resources to invest in new technology as the market changes. However, smaller players may prove more nimble in reacting to the changing landscape. Among publicly traded pure-plays in the digital payments space, PayPal Holdings ( PYPL ) and Block ( XYZ ) are among the biggest names in the thematic universe. XYZ has already made a massive bet on AI, laying off a large chunk of its workforce as part of its vision of the technological future. Meanwhile, other online payment platforms include DLocal Limited ( DLO ), Affirm ( AFRM ), Klarna Group plc ( KLAR ), Paymentus Holdings ( PAY ), Sezzle Inc. ( SEZL ), and Wise Group plc ( WSE ). PayPay Corporation ( PAYP ) operates in the Japanese market. Elsewhere, crypto and stablecoin companies continue to innovate as well. Coinbase Global ( COIN ) and Circle Internet ( CRCL ) are among the prominent names getting attention in this corner of the market. Key Takeaways Major financial institutions are actively exploring tokenized deposits and digital asset infr...
The State Street Industrial Select Sector SPDR ETF ( XLI ) is 6.2% higher QTD, following its Q1 results. As most of the companies have reported their results, Seeking Alpha provides a snapshot of how companies rank across key factors such as valuation, growth, profitability, momentum, and estimate revisions. Below is an overview of large-cap financial stocks with market capitalizations above $10B,...
The State Street Industrial Select Sector SPDR ETF ( XLI ) is 6.2% higher QTD, following its Q1 results. As most of the companies have reported their results, Seeking Alpha provides a snapshot of how companies rank across key factors such as valuation, growth, profitability, momentum, and estimate revisions. Below is an overview of large-cap financial stocks with market capitalizations above $10B, highlighting those with the highest and lowest quant ratings after Q1 2026 results. Top quant-rated companies, with a market capitalization above $10B: Sterling Infrastructure ( STRL ), Quant rating: Strong Buy 4.94 . FedEx ( FDX ) , Quant rating: Strong Buy 4.85 . MasTec ( MTZ ), Quant rating: Strong Buy 4.78 . IES Holdings ( IESC ), Quant rating: Strong Buy 4.76 . Generac Holdings ( GNRC ), Quant rating: Strong Buy 4.67 . Bottom quant-rated companies, with a market capitalization above $10B: Graco ( GGG ), Quant rating: Sell 1.64 . RELX Plc ( RELX ), Quant rating: Sell 1.63 . Thomson Reuters ( TRI ), Quant rating: Sell 1.56 . MTU Aero Engines AG ( MTUAY ), Quant rating: Strong Sell 1.32 . Rheinmetall AG ( RNMBY ), Quant rating: Strong Sell 1.27 . More on State Street Industrial Select Sector SPDR ETF Beyond The Bottleneck In Memory And Photonics: My Datacenter Electrification Playbook XLI: Why The Pullback From All-Time Highs Is A Re-Entry Opportunity Finding The Opportunities After The Selloff And End Of The War Only two sectors are driving the S&P 500 bull market higher since 2022 Weekly ETFs: Six of 11 sectors record outflows; gold leads inflows
In handwritten notes smuggled from custody, Pepper said that "everyone was beaten up" inside the site he was being detained in, according to Detained in Dubai.
In handwritten notes smuggled from custody, Pepper said that "everyone was beaten up" inside the site he was being detained in, according to Detained in Dubai.
A soaring stock market has been largely led by large-cap winners. With many stocks looking extended, options spreads remain useful tools to bet on further upside momentum while keeping risk clearly defined against a sharp reversal. One such large-cap leader, Apple (AAPL), has seen its shares surge about 26% since reaching a low of 245. Given the risk that Apple...
A soaring stock market has been largely led by large-cap winners. With many stocks looking extended, options spreads remain useful tools to bet on further upside momentum while keeping risk clearly defined against a sharp reversal. One such large-cap leader, Apple (AAPL), has seen its shares surge about 26% since reaching a low of 245. Given the risk that Apple...
Three companies, each with links to the Trump family's businesses, received Commodity Futures Trading Commission approval as the agency went through a drastic downsizing, and those agency officials involved in investigating the companies eventually left, according to a media report. The cases involved crypto exchange Crypto.com, Polymarket ( POLYMARKET ), and an offshoot of Gemini Space Station ( ...
Three companies, each with links to the Trump family's businesses, received Commodity Futures Trading Commission approval as the agency went through a drastic downsizing, and those agency officials involved in investigating the companies eventually left, according to a media report. The cases involved crypto exchange Crypto.com, Polymarket ( POLYMARKET ), and an offshoot of Gemini Space Station ( GEMI ), the crypto firm founded and run by identical twins Tyler and Cameron Winklevoss. Senior officials at the CFTC had voiced concerns about all three of them. Caroline D. Pham, who was acting chair of the agency at the time, and her senior counsel stepped in to help the firms get what they sought, The New York Times reported, citing people familiar with the situation. By the end of last year, the CFTC put two top officials who raised questions about the companies on leave, banned them from the office, and put them under internal investigation. Three other senior officials who had enforced laws involving cryptocurrencies, another sector linked to the Trumps, found themselves in the same position. Furthermore, in the past 16 months, the Trump administration has downsized its staff, shedding many career officials, and sharply cut crypto enforcement and supported prediction markets at most every juncture, the newspaper said. Moreover, Trump has removed most CFTC commissioners and placed Michael Selig as CFTC chairman, leaving him as the sole commissioner of the agency, which is typically overseen by a bipartisan group of commissioners. Since President Donald Trump's first term, the Trump family has become deeply involved with the crypto industry. Under the CFTC in Trump's second term: A request by prediction markets company Polymarket was approved after it received an investment by 1789 Capital, which is partially owned by Donald Trump, Jr. CFTC staff who questioned Crypto.com, a business partner of Trump Media & Technology (TMT), were sidelined; and An application from an ...
Markets continue to attempt to price in peace in the Middle East, but then a re-escalation of the conflict pushes back on that narrative and markets retreat, looking for a reliable theme. We're going to look at the hard right edge of the key charts that are trying to discount the expected outcome of this conflict. This is no easy task, as this market in a nutshell is violently reacting to headline...
Markets continue to attempt to price in peace in the Middle East, but then a re-escalation of the conflict pushes back on that narrative and markets retreat, looking for a reliable theme. We're going to look at the hard right edge of the key charts that are trying to discount the expected outcome of this conflict. This is no easy task, as this market in a nutshell is violently reacting to headlines, but structurally positioning itself for a final resolution. We're going to layout the relationship between two key sectors that we'll need to see before I think we can finally hang our portfolio hats on a resolution that will reward the CNBC Pro subscriber who is properly positioned. President Trump declared a deal with Iran "largely negotiated" over the weekend, saying an announcement to reopen the Strait would be announced shortly. As a result, crude oil plummeted and stocks rallied. But then Monday night saw fresh U.S. strikes on Iranian vessels in the strait. Where markets have been Before we look to the present and future, let's remind ourselves of the history and how markets reacted. WTI crude was trading with a 5-handle (in the $50s) at the start of the year with the volatility index (VIX, orange overlaid), in the comfortable mid-teens. Nuclear talks in Geneva collapsed in February and both crude oil and volatility began to climb. The launch of Operation Epic Fury came Feb 28, followed by the death of Iran's supreme leader, Khamenei. A few days later, on March 2, the Strait of Hormuz was closed. March 4, tanker insurance policies were canceled and the International Energy Agency called it the "greatest global energy security challenge in history." In April, multiple talks and a conditional ceasefire were traded, and crude oil and the VIX declined into May. The correlation of crude oil prices and the volatility index during the Iranian conflict is unmistakable. One divergence that's quite notable is the VIX making a new low below the April lows, as crude oil is sti...
Key Points Nvidia anticipates $20 billion in server CPU revenue in the current fiscal year. The company's guidance suggests it is on track to capture a significant share of the server CPU market. The growing demand for server CPUs based on Arm Holdings' architecture suggests that Nvidia could indeed corner a big share of this $200 billion market in the long run. 10 stocks we like better than Nvidi...
Key Points Nvidia anticipates $20 billion in server CPU revenue in the current fiscal year. The company's guidance suggests it is on track to capture a significant share of the server CPU market. The growing demand for server CPUs based on Arm Holdings' architecture suggests that Nvidia could indeed corner a big share of this $200 billion market in the long run. 10 stocks we like better than Nvidia › Nvidia (NASDAQ: NVDA) released its fiscal 2027 first-quarter results (for the three months ended April 26) on May 20, and the company's numbers make it clear that its grip on the artificial intelligence (AI) chip market remains as strong as ever. Nvidia has dominated the AI chip market since the technology gained prominence in November 2022, following the launch of ChatGPT. Since then, companies such as Intel (NASDAQ: INTC), Advanced Micro Devices (NASDAQ: AMD), and others have tried to make a dent in the AI chip market. While there is no denying that Nvidia's competitors have succeeded to some extent, the semiconductor specialist's phenomenal growth and product strategy have helped it stay ahead of the curve. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » The good news for Nvidia stock investors is that the company isn't resting on its laurels. Comments by management on the company's latest earnings call make it clear that it will try to dominate every nook and cranny of the AI chip market, which could be bad news for Intel and AMD. Let's look at the reasons why. Nvidia's server CPU business is going to take off this year Nvidia's graphics processing units (GPUs) have been the foundation of the company's AI chip empire. These chips are capable of performing massive parallel calculations, which is why they have been preferred over the years for training large language models (LLMs). As AI compute is ...
Starbucks' (NASDAQ: SBUX) new CEO, Brian Niccol, has put together a comprehensive strategy to turn around the business. That includes increasing personalization in stores by writing notes on cups and serving drinks in mugs to customers who are staying in stores. Niccol is aiming to reclaim the concept of a "third place" for Starbucks, and he's invested in labor to alleviate chokepoints in service ...
Starbucks' (NASDAQ: SBUX) new CEO, Brian Niccol, has put together a comprehensive strategy to turn around the business. That includes increasing personalization in stores by writing notes on cups and serving drinks in mugs to customers who are staying in stores. Niccol is aiming to reclaim the concept of a "third place" for Starbucks, and he's invested in labor to alleviate chokepoints in service like mobile order and pay, and reduce barista stress. One of his tactics for driving change in the business was investing in AI, specifically an inventory management technology that could track inventory, freeing up baristas to focus on customer service instead of counting boxes. However, that initiative seems to have missed the mark. According to a report in Reuters , Starbucks is retiring Automated Counting, as the technology was known. The technology frequently miscounted and mislabeled items, for example, confusing similar milk types. Overall, the technology seemed like a good idea, but the execution did not live up to expectations. Continue reading
TonyBaggett/iStock via Getty Images Shares of gold mining companies continue to lag after an incredible 2025 and the start of this year. But the January peak has proven to be a potentially long-term high. That sounds bearish, but many international miners are actually quite reasonably priced... so long as gold can hang above key support in the $4,500 per troy ounce range. I had a "B uy" rating on ...
TonyBaggett/iStock via Getty Images Shares of gold mining companies continue to lag after an incredible 2025 and the start of this year. But the January peak has proven to be a potentially long-term high. That sounds bearish, but many international miners are actually quite reasonably priced... so long as gold can hang above key support in the $4,500 per troy ounce range. I had a "B uy" rating on IAMGOLD Corporation ( IAG ) back in January 2025 . Shares are up tremendously since then, more than tripling, compared to a 27% S&P 500 advance. Today, I reiterate a "B uy" rating. The valuation appears compelling following a major decline from near $25 to below $17. I’ll call out one key technical spot to monitor as we approach mid-year. Gold Miners Give Back Some Gains StockCharts.com In May, IAG reported a solid set of quarterly results. Q1 GAAP EPS of $0.64 topped the Wall Street consensus forecast of $0.55, while revenue of $1.03 billion, up a massive 116% from the same period a year ago, was a material $53 million beat. With gold prices hitting $5,500 in Q1 , the firm’s cost of sales per ounce tallied $1,619 over the January through March stretch. Shares lifted 13.4% in the session that followed, the best post-earnings performance back to August of 2024. Looking ahead to the Q2 report, the options market prices in an elevated 8.4% earnings-related stock price swing based on the at-the-money straddle expiring soonest after the release. The stock now has an implied volatility percentage of 58%, and shares of the $9.6 billion market cap gold industry company within the Materials sector do not pay a dividend. Looking back on the quarter that was, IAG delivered strong operational and financial performance to kick off the year. Its total attributable gold production reached 183,600 ounces, made up of 95,100 ounces from its Essakane project, 52,300 ounces from Côté Gold, and 36,200 ounces from Westwood. Deals were even stronger, with total attributable gold sales outpacing p...
Key Points About a quarter or more of Zoom's enterprise value is made up of Anthropic stock. Zoom also has a ton of cash and generates strong free cash flow. 10 stocks we like better than Zoom Communications › Anthropic is one of the market's most hotly anticipated IPOs, with investors eagerly awaiting the company's announcement that it's going public. The large language model (LLM) maker has been...
Key Points About a quarter or more of Zoom's enterprise value is made up of Anthropic stock. Zoom also has a ton of cash and generates strong free cash flow. 10 stocks we like better than Zoom Communications › Anthropic is one of the market's most hotly anticipated IPOs, with investors eagerly awaiting the company's announcement that it's going public. The large language model (LLM) maker has been seeing explosive growth, with its revenue reportedly set to double quarter over quarter, from $4.8 billion in Q1 to $10.9 billion in Q2. This acceleration also isn't growth at any cost, as the company is expected to turn in an operating profit of $559 million in Q2. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » While it offers a consumer product, Anthropic has made its mark by focusing on the enterprise market, where it generates about 80% of its revenue. The company has found a strong niche in coding, with its Claude Cowork and Claude Code products helping drive its growth. Anthropic has drawn investments from several large companies, including Amazon and Alphabet. However, there is an under-the-radar stock that's set to benefit much more from Anthropic's success than these behemoths. That company is video-conferencing platform operator, Zoom (NASDAQ: ZM). An early Anthropic investor Zoom's investment arm, Zoom Ventures, took a stake in Anthropic in May 2023. While the original size of the investment hasn't been disclosed, it's widely believed to have been the bulk of the $51 million in investments it made during the quarter. Zoom later made another $46 million investment in Anthropic preferred shares in Q1. In its latest 10-Q filing, it said its total investment was valued at $1.27 billion based on Anthropic's February valuation round, which was done at $380 billion. However, fast forward a few month...
Meta Platforms (META) has quietly added a new reason for investors to pay attention. Just a few days ago, the company launched Forum, a stand-alone app for Facebook Groups that looks a lot like Reddit (RDDT), while Meta’s app ecosystem still reaches 3.56 billion daily active users. The stock, meanwhile, has been choppy. META is down more than 7% year-to-date, underperforming the broader market ind...
Meta Platforms (META) has quietly added a new reason for investors to pay attention. Just a few days ago, the company launched Forum, a stand-alone app for Facebook Groups that looks a lot like Reddit (RDDT), while Meta’s app ecosystem still reaches 3.56 billion daily active users. The stock, meanwhile, has been choppy. META is down more than 7% year-to-date, underperforming the broader market index as worries over AI spending and legal risk persist. Meta Is Taking Another Shot at Community Apps Forum is a small product launch on paper, but it fits a bigger strategy. Meta describes Forum as a “dedicated space for deeper discussions, real answers, and the communities you care about” with feeds built around group conversations and an AI-powered “Ask” tab. It is also not Meta’s first try at a standalone Groups product, which makes the company’s willingness to revisit the idea notable. If Forum gains traction, it could create another layer of sticky engagement and ad inventory; if it does not, it becomes another experiment in a long list of Meta side bets. AI Spending Is Still Pressuring the Stock The bigger stock story, though, has been Meta’s capital-spending spree. In late April, the company raised its 2026 capex outlook to $125 billion to $145 billion, up from $115 billion to $135 billion, and shares dropped more than 6% in extended trading as investors absorbed the scale of the AI bill. Meta also said it expects full-year expenses of $162 billion to $169 billion and warned that legal and regulatory issues in the U.S. and Europe could materially affect results. The market’s message has been clear: Strong growth is no longer enough on its own if the payoff from AI still looks far away. On valuation terms, Meta is not cheap in absolute terms, but it is also not priced like a runaway AI darling. The stock trades at about 22.2 times earnings, and its price-to-sales ratio is around 7.2. At the same time, Meta is still delivering fast growth, so the multiple is being anch...
The current technology bull market is nothing short of spectacular. Despite inflation, trade, and geopolitical concerns, the tech-heavy Nasdaq 100 Index ETF (QQQ) is up a staggering 30% from its late March lows and is working on its ninth weekly gain out of the previous 10. What’s driving tech stocks? The AI boom. The current AI boom is witnessing unprecedented spending, with AI big tech hyperscal...
The current technology bull market is nothing short of spectacular. Despite inflation, trade, and geopolitical concerns, the tech-heavy Nasdaq 100 Index ETF (QQQ) is up a staggering 30% from its late March lows and is working on its ninth weekly gain out of the previous 10. What’s driving tech stocks? The AI boom. The current AI boom is witnessing unprecedented spending, with AI big tech hyperscalers spending ~$750 million in capital expenditures (CAPEX) this year on AI data centers and infrastructure (with expectations for more than $1 trillion a year in 2027 and 2028). Memory Sector Experiences Supercycle The breathtaking AI spending has reverberated throughout the U.S. and global economies. However, certain industries have benefited more than others. Thus far, the biggest beneficiaries of the AI buildout have been high-performance memory companies like Micron (MU) and SanDisk (SNDK). AI models mostly operate on NVIDIA’s (NVDA) best-in-breed graphics processing units (GPUs). These GPUs take complex pieces of data, train them, and make sense of them. These AI models (like large language models) rely on billions of algebraic variables called weights. To process a single prompt, the GPU must continuously reference these weights. Standard memory solutions do not store enough data to enable AI training, but SNDK and MU’s technologies do. Memory Demand Outstrips Supply Currently, global demand for memory is so robust that most Wall Street analysts predict severe supply shortages for at least 2 years. These supply shortages have triggered unprecedented pricing power for SNDK and MU. As a result, Zacks Consensus Estimates expect explosive EPS growth for these companies. Below is a look at the Zacks Consensus Estimates for SanDisk: Zacks Investment Research Image Source: Zacks Investment Research SNDK/MU: True Market Leaders SanDisk and Micron are what I would call “true market leaders.” TMLs have the magic elixir of liquidity, bullish catalysts, hyper-earnings growth, and...
Last year’s brazen robbery of the Louvre – when thieves made off with jewellery worth some US$100 million – is set to become a film, a publisher said on Tuesday. French director Romain Gavras – whose work includes 2025 Hollywood film Sacrifice starring Anya Taylor-Joy and music videos including most recently a hypnotic schoolboy choreography for GENER8ION – will draw inspiration from the investiga...
Last year’s brazen robbery of the Louvre – when thieves made off with jewellery worth some US$100 million – is set to become a film, a publisher said on Tuesday. French director Romain Gavras – whose work includes 2025 Hollywood film Sacrifice starring Anya Taylor-Joy and music videos including most recently a hypnotic schoolboy choreography for GENER8ION – will draw inspiration from the investigative book Main basse sur le Louvre (literally A Grab at the Louvre). Film rights to the book about the October 19, 2025 heist had been sold to the production company Iconoclast, the Flammarion publishing house said. Advertisement The book, written by three journalists, from French dailies Le Parisien and Le Monde, and weekly glossy magazine Paris Match, is to hit bookstores on Wednesday. According to trade magazine Le Film Francais, the film project is in development, though neither the title nor the cast has been announced. 02:14 Crown jewels stolen from France’s Louvre museum in daring daylight heist The Louvre heist sent shock waves around the world and sparked a security crisis within the world-famous museum that ultimately led to the replacement of its director, Laurence des Cars.
The semi-annual rebalancing of U.S. equities is officially underway after FTSE Russell unveiled its preliminary list of shifts for the broad-market Russell 3000 Index. Additions among consumer staples stocks: Nu Skin Enterprises ( NUS ), USANA Health Sciences ( USNA ), Reed's Inc. ( REED ), BRC Inc. ( BRCC ), Once Upon A Farm PBC ( OFRM ), Beeline Holdings ( BLNE ), Sow Good ( SOWG ), and BranchOu...
The semi-annual rebalancing of U.S. equities is officially underway after FTSE Russell unveiled its preliminary list of shifts for the broad-market Russell 3000 Index. Additions among consumer staples stocks: Nu Skin Enterprises ( NUS ), USANA Health Sciences ( USNA ), Reed's Inc. ( REED ), BRC Inc. ( BRCC ), Once Upon A Farm PBC ( OFRM ), Beeline Holdings ( BLNE ), Sow Good ( SOWG ), and BranchOut Food Inc. ( BOF ). Deletions: Skinhealth Systems Inc. ( SKIN ), Natural Health Trends ( NHTC ), and Willamette Valley Vineyards ( WVVI ). This year's structural changes will officially take effect following the close of U.S. equity markets on Friday, June 26. More on Reed's Reed's, Inc. (REED) Q1 2026 Earnings Call Transcript Reed's, Inc. (REED) Q4 2025 Earnings Call Transcript Reed’s expects sequential improvement in net sales, gross margin and net loss as it reverses key packaging discontinuations Reed's GAAP EPS of -$0.55 misses by $0.38, revenue of $7.1M misses by $2.52M Seeking Alpha’s Quant Rating on Reed's