I’m leading with the number because that’s why you’re here. Meta Platforms (NASDAQ:META) closed at $597.63 on June 2, 2026, down 9.39% year to date. Our 24/7 Wall St. price target for Meta is $868.05 over the next 12 months, implying 45.25% upside. The recommendation is buy with a 90% confidence score, our highest tier. ... Over 50 Analysts Rate META a Buy, Here’s Why We Agree
I’m leading with the number because that’s why you’re here. Meta Platforms (NASDAQ:META) closed at $597.63 on June 2, 2026, down 9.39% year to date. Our 24/7 Wall St. price target for Meta is $868.05 over the next 12 months, implying 45.25% upside. The recommendation is buy with a 90% confidence score, our highest tier. ... Over 50 Analysts Rate META a Buy, Here’s Why We Agree
Pulsar Helium Inc. press release ( PLSR:CA ): 1H GAAP EPS of $0.07. More on Pulsar Helium Inc. Pulsar Helium: 'Blue Gold' And Its Role In Quantum Computing Financial information for Pulsar Helium Inc.
Pulsar Helium Inc. press release ( PLSR:CA ): 1H GAAP EPS of $0.07. More on Pulsar Helium Inc. Pulsar Helium: 'Blue Gold' And Its Role In Quantum Computing Financial information for Pulsar Helium Inc.
Guido Mieth/DigitalVision via Getty Images The 27% Yield Can't Hide A 45% Premium To Net Asset Value. The thing that matters most for Icahn Enterprises L.P. ( IEP ) over the long run isn't its 27% distribution. It's the gap between what the stock trades for and what it's actually worth, and the fact that the one thing keeping that gap open is a payout the company can't cover from its operations. F...
Guido Mieth/DigitalVision via Getty Images The 27% Yield Can't Hide A 45% Premium To Net Asset Value. The thing that matters most for Icahn Enterprises L.P. ( IEP ) over the long run isn't its 27% distribution. It's the gap between what the stock trades for and what it's actually worth, and the fact that the one thing keeping that gap open is a payout the company can't cover from its operations. For anyone not familiar with it, IEP is a holding company run by the activist investor Carl Icahn. When you buy a unit, you're buying a piece of everything he controls, which spans businesses in energy, automotive, food packaging, real estate, home fashion, and pharma, plus an investment fund he uses for his famous activist bets. The oil refiner CVR Energy is the single biggest piece, and Icahn himself owns the large majority of the units, so in effect you're investing right alongside him. At around $7.47 a unit, IEP has a market cap of roughly $5 billion. But the company's own indicative net asset value , its own best guess at what all its holdings are worth, was about $3.4 billion at the end of March. So you're paying close to 45% more than the assets are worth. That stands out to me because diversified holding companies and closed-end funds almost always trade at a discount to their net asset value, usually a wide one. IEP does the opposite. My view is simple: that premium won't last, the businesses underneath aren't strong enough to grow into it, and the distribution holding it up is working against the people it pulls in. The Latest Earnings Show The Core Doesn't Pay For Itself IEP reported its first quarter for 2026 on May 6. Revenue rose to $2.2 billion from $1.9 billion a year earlier, but the company still posted a net loss of $459 million, or $0.71 per unit. That's a slightly smaller per-unit loss than the $0.79 it lost a year ago, so management can point to a little improvement. The number I care about more is adjusted EBITDA, because it tells you whether the oper...
On May 28, 2026, Conrad Wai, CEO of Counterpart Health, a subsidiary of Clover Health Investments (NASDAQ:CLOV) , reported the sale of 220,426 shares of Clover Health stock in an indirect open-market transaction, with total proceeds of approximately $879,000 according to the SEC Form 4 filing . Transaction value based on SEC Form 4 reported price ($3.99); post-transaction value based on May 28, 20...
On May 28, 2026, Conrad Wai, CEO of Counterpart Health, a subsidiary of Clover Health Investments (NASDAQ:CLOV) , reported the sale of 220,426 shares of Clover Health stock in an indirect open-market transaction, with total proceeds of approximately $879,000 according to the SEC Form 4 filing . Transaction value based on SEC Form 4 reported price ($3.99); post-transaction value based on May 28, 2026 market close price. * 1-year price change calculated using May 28, 2026 as the reference date. Continue reading
Artificial intelligence might terminate lots of jobs one day, especially in high tech, but there’s little evidence AI is already causing widespread layoffs.
Artificial intelligence might terminate lots of jobs one day, especially in high tech, but there’s little evidence AI is already causing widespread layoffs.
President Donald Trump just did something no one saw coming, sending shares of Peabody Energy (NYSE: BTU) rallying 15% at their highest point in trading this week. Although the stock cooled off a bit on Friday, it was still up 9% up for the week through 11 a.m. ET Friday. Image source: Getty Images. In an Oval Office announcement on June 4 , Trump invoked the Defense Production Act (DPA) -- a 1950...
President Donald Trump just did something no one saw coming, sending shares of Peabody Energy (NYSE: BTU) rallying 15% at their highest point in trading this week. Although the stock cooled off a bit on Friday, it was still up 9% up for the week through 11 a.m. ET Friday. Image source: Getty Images. In an Oval Office announcement on June 4 , Trump invoked the Defense Production Act (DPA) -- a 1950 law that grants the president authority to influence domestic industries related to national security – to boost the coal industry. Continue reading
The Nieto family hasn’t had to fight the New World screwworm in decades. Lupe Nieto, 80, battled the deadly pest with a team of 30 cowboys on the HP El Sauz Ranch in the 1960s and 1970s. They started every day with full saddlebags: In one pocket, they carried lunch, and in the other, putrid supplies of medication used to treat cattle infested with screwworm larvae, which can kill an animal in week...
The Nieto family hasn’t had to fight the New World screwworm in decades. Lupe Nieto, 80, battled the deadly pest with a team of 30 cowboys on the HP El Sauz Ranch in the 1960s and 1970s. They started every day with full saddlebags: In one pocket, they carried lunch, and in the other, putrid supplies of medication used to treat cattle infested with screwworm larvae, which can kill an animal in weeks. The parasitic fly was eradicated from Texas in the 1970s, but this week it returned. USDA inspectors detected larvae in a three-week-old calf in La Pryor, Texas, around 220 miles from El Sauz, where Nieto’s son, Freddy, may soon have to take up his father’s fight. “The ag industry are tough people, and nothing’s ever really easy in what we do,” Freddy Nieto, 49, said. Beef’s old nemesis is back in Texas at one of the worst times, with the US herd at its lowest level in 75 years. Monitoring for screwworm typically requires hands-on inspections across hundreds or even thousands of acres, but the ranching workforce has dwindled. Just three cowboys patrol El Sauz now. Freddy Nieto is considering shifting calving season to colder months, when it’s harder for the pest to spread. He also says new technologies like drones and preventative medications can make up for some of the lost manpower. But the beef industry remains anxious as the screwworm threatens more upheaval to a business already battered by drought and rising feed costs. Read More: US Races to Contain Deadly Screwworm Threat to Cattle Supply Stephen Diebel , a fifth-generation cow-calf producer in Victoria, Texas, has been tracking the screwworm’s slow path back to the state for around 18 months. Ranchers watching the pest’s resurgence have wondered when — not if — it would arrive. “It’s not super surprising that we see this,” said Diebel, who is also the president of the Texas & Southwestern Cattle Raisers Association. Still, he plans to shift calving season to colder months, and he’s also considering changes to va...
On Bloomberg Tech, live from San Francisco today, a venture capital investor laid out a striking thesis about what’s actually happening inside the cryptocurrency markets. Retail investors now make up 70% of crypto markets, down from 90%, while institutional participation has climbed from 10% of the digital asset economy to between 20-30%. The shift is ... Bad News for XRP and Bitcoin Investors. Re...
On Bloomberg Tech, live from San Francisco today, a venture capital investor laid out a striking thesis about what’s actually happening inside the cryptocurrency markets. Retail investors now make up 70% of crypto markets, down from 90%, while institutional participation has climbed from 10% of the digital asset economy to between 20-30%. The shift is ... Bad News for XRP and Bitcoin Investors. Retail Investors are Fleeing Crypto.