KanawatTH/iStock via Getty Images Market Review Following a 30% year, International Equities fell only 1% despite the March drawdown Non-US markets continue to outperform US equities for the first quarter after strong outperformance in 2025 Oil prices spiked with the sector up ~40% while the rest of the market was down for the quarter The low-quality dominance that had persisted over the past seve...
KanawatTH/iStock via Getty Images Market Review Following a 30% year, International Equities fell only 1% despite the March drawdown Non-US markets continue to outperform US equities for the first quarter after strong outperformance in 2025 Oil prices spiked with the sector up ~40% while the rest of the market was down for the quarter The low-quality dominance that had persisted over the past several years is beginning to fade Deeply discounted valuations, particularly for higher quality companies, make international equities particularly interesting International equities started the year very strongly, rising over 10% during the first two months. During this period, many investors remained focused on robust growth in capital expenditures for hyperscalers, despite the lack of positive financial returns near-term, and continued to drive an extraordinary performance wedge between perceived AI winners and oversold incumbents. In just two months, the semiconductor industry rose 35% while the software industry fell over 18%. March ushered in the Iran war and some reversal to this theme and investor focus turned to energy prices, supply chain shortages and higher inflation. As oil prices spiked and interest rates rose, equities fell ~10% during the month. Combining the strong first two months of the year with March, International equities fell modestly for the first quarter. The MSCI EAFE Index fell 1.2% while the MSCI ACW ex-US Index fell 0.7%, continuing its strong outperformance over the S&P 500 which fell 4.4%. Despite this modest pullback, over the past year the international indexes rose 21.3% and 24.9% respectively, outperforming the US which rose 17.3%. Lower quality banks had dominated over the past several years as central banks raised interest rates post-COVID. During 2025, Quality experienced the most significant headwind in nearly 30 years as the valuations of higher quality companies fell significantly. Without any change in the fundamental earnings deliver...
Tandem Diabetes Care ( TNDM ) is up ~14% in Monday afternoon trading after Wells Fargo upgraded the insulin pump manufacturer to overweight from equal-weight, citing the company's pay-as-you-go pharmacy model that provides a low upfront cost to users. The bank also boosted its target price to $27 from $21 (~57% upside based on May 29 close). Analyst Larry Biegelsen said that " PAYGO is tracking be...
Tandem Diabetes Care ( TNDM ) is up ~14% in Monday afternoon trading after Wells Fargo upgraded the insulin pump manufacturer to overweight from equal-weight, citing the company's pay-as-you-go pharmacy model that provides a low upfront cost to users. The bank also boosted its target price to $27 from $21 (~57% upside based on May 29 close). Analyst Larry Biegelsen said that " PAYGO is tracking better than we expected, mgmt sounded confident in growing US new starts, and Mobi Tubeless is a near-term catalyst into an improving margin story." Tandem began focusing on the PAYGO model in Q1, which replaces standard 4-year contracts under durable medical equipment. More on Tandem Diabetes Care Tandem Diabetes Care, Inc. (TNDM) Presents at Bank of America Global Healthcare Conference 2026 Transcript Tandem Diabetes Care, Inc. 2026 Q1 - Results - Earnings Call Presentation Tandem Diabetes Care, Inc. (TNDM) Q1 2026 Earnings Call Transcript Tandem Diabetes Care GAAP EPS of -$0.30 beats by $0.14, revenue of $247.2M beats by $6.66M Tandem Diabetes Care Q1 2026 Earnings Preview
A tennis legend at 44, Serena Williams is returning to pro tennis this month, announcing plans to play in the HSBC Championships in London. Williams, a mother of two, retired nearly four years ago. (Image credit: Angela Weiss)
A tennis legend at 44, Serena Williams is returning to pro tennis this month, announcing plans to play in the HSBC Championships in London. Williams, a mother of two, retired nearly four years ago. (Image credit: Angela Weiss)
A screen of communications services ( XLC ) stocks with market capitalizations above $10B highlights Charter Communications ( CHTR ), Comcast ( CMCSA ), and Telefónica ( TEF ) among the market's most attractive names based on valuation grades. The valuation grade compares how expensive or inexpensive a stock is relative to others in its sector. It is based on a combination of valuation metrics, su...
A screen of communications services ( XLC ) stocks with market capitalizations above $10B highlights Charter Communications ( CHTR ), Comcast ( CMCSA ), and Telefónica ( TEF ) among the market's most attractive names based on valuation grades. The valuation grade compares how expensive or inexpensive a stock is relative to others in its sector. It is based on a combination of valuation metrics, such as P/E, PEG, price-to-sales, and price-to-cash-flow ratios, using both current and forward estimates. The overall valuation grade is derived from a comparison of all underlying metrics and reflects how attractively a stock is priced relative to its sector peers. The most attractively valued communication services stocks by valuation grade (market cap of $10 billion or more) are: Charter Communications ( CHTR ): Valuation Grade A Telefónica ( TEF ): Valuation Grade A Comcast ( CMCSA ): Valuation Grade A- Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia ( TLK ): Valuation Grade A- TELUS ( TU ): Valuation Grade A- Orange (ORAN): Valuation Grade B+ Vodafone Group Public Limited Company ( VOD ): Valuation Grade B+ BCE ( BCE ): Valuation Grade B Lumen Technologies ( LUMN ): Valuation Grade B TIM ( TIMB ): Valuation Grade B More on Communication Services Select Sector SPDR Fund The Higher They Climb: 3 Non-Chip ETFs Exposed To An AI Stock Meltdown A Subtle Change Took Place For The Capex Story After A Chaotic Q1, I'm Buying XLK And XLC As The Market Exhales AST SpaceMobile is the best performing communication services stock in the past month Telecoms have better reception than the S&P 500
Investors seeking reliable dividends and healthcare exposure often find themselves choosing between AbbVie (NYSE:ABBV) and Pfizer (NYSE:PFE) . Both giants face patent cliffs but pursue very different strategies to maintain their market dominance. AbbVie specializes in high-margin immunology and aesthetics, moving past its reliance on a single blockbuster drug. Pfizer operates as a diversified powe...
Investors seeking reliable dividends and healthcare exposure often find themselves choosing between AbbVie (NYSE:ABBV) and Pfizer (NYSE:PFE) . Both giants face patent cliffs but pursue very different strategies to maintain their market dominance. AbbVie specializes in high-margin immunology and aesthetics, moving past its reliance on a single blockbuster drug. Pfizer operates as a diversified powerhouse with a massive global manufacturing footprint. This comparison evaluates their financials, risk profiles, and current valuations to help you decide which fits your investment goals. AbbVie focuses on specialized therapies in immunology, oncology, and neuroscience. The company sells these treatments globally, relying heavily on three major wholesale distributors: McKesson Corporation, Cardinal Health, and Cencora. Customer concentration like this adds a layer of risk to the business, since these three entities account for nearly all pharmaceutical sales in the United States. Continue reading
8vFanI/iStock via Getty Images FS KKR Capital ( FSK ) is reportedly planning to sell at least $400M of junk bonds in a high-yield offering, people familiar with the matter told Bloomberg News. The notes may yield in the mid- to high-7% range based on initial pricing discussions, according to one of the people who asked not to be identified because discussions are private. Proceeds may be used to r...
8vFanI/iStock via Getty Images FS KKR Capital ( FSK ) is reportedly planning to sell at least $400M of junk bonds in a high-yield offering, people familiar with the matter told Bloomberg News. The notes may yield in the mid- to high-7% range based on initial pricing discussions, according to one of the people who asked not to be identified because discussions are private. Proceeds may be used to refinance debt, the source noted. The private credit fund established in partnership between FS Investments and KKR ( KKR ) Credit received a lot of attention after the company wrote down some of its net asset value due to performance issues at some holdings in its portfolio. That write-down related, in particular, to a couple of deals in 2021. KKR ( KKR ) was investing $300M into FS KKR Capital ( FSK ) as part of "strategic value enhancement actions" after the company's first-quarter earnings fell short of expectations. More on FS KKR Capital FS KKR Capital: My Biggest BDC Failure By Far (Rating Downgrade) FS KKR Capital Corp 2026 Q1 - Results - Earnings Call Presentation FS KKR Capital Corp (FSK) Q1 2026 Earnings Call Transcript FSK's private credit writedowns affect a tiny part of KKR's assets, KKR co-CEO Nuttall says FS KKR Capital declares $0.42 dividend declines by 6.7% to $0.42
The JPMorgan Active Bond ETF (NYSEARCA:JBND) is the kind of fund that quietly does its job until a single macro variable threatens to undo a year of patient income accrual. JBND has returned about 6% over the last 12 months, but it has gone almost nowhere year to date, with the price down a fraction ... If CPI Stays Hot, Here’s What Happens to the JPMorgan Active Bond ETF in 2026
The JPMorgan Active Bond ETF (NYSEARCA:JBND) is the kind of fund that quietly does its job until a single macro variable threatens to undo a year of patient income accrual. JBND has returned about 6% over the last 12 months, but it has gone almost nowhere year to date, with the price down a fraction ... If CPI Stays Hot, Here’s What Happens to the JPMorgan Active Bond ETF in 2026
Nvidia CEO Jensen Huang introduces the new RTX Spark laptop lineup powered by the Blackwell RTX GPU. This is a major collaboration with Microsoft and other industry partners to reinvent the personal computer for the AI era.
Nvidia CEO Jensen Huang introduces the new RTX Spark laptop lineup powered by the Blackwell RTX GPU. This is a major collaboration with Microsoft and other industry partners to reinvent the personal computer for the AI era.
Tesla (TSLA) permabull Cathie Wood is all in on Full Self-Driving (Supervised), calling it the "most impactful AI project out there" while predicting that FSD would drive Tesla to a $2,000-per-share valuation by 2027. The Ark Invest CEO isn't the only one with high hopes for FSD. Tesla CEO Elon ...
Tesla (TSLA) permabull Cathie Wood is all in on Full Self-Driving (Supervised), calling it the "most impactful AI project out there" while predicting that FSD would drive Tesla to a $2,000-per-share valuation by 2027. The Ark Invest CEO isn't the only one with high hopes for FSD. Tesla CEO Elon ...
US rapper Travis Scott angered fans in Istanbul after a performance that barely lasted 20 minutes, with the audience booing as he left the stage early on Monday, footage on social media showed. On his first tour of Turkey, the 35-year-old hip-hop star made his Istanbul debut late on Sunday and was to hold another event in the western Izmir resort on Monday. The Istanbul event was billed as “a perf...
US rapper Travis Scott angered fans in Istanbul after a performance that barely lasted 20 minutes, with the audience booing as he left the stage early on Monday, footage on social media showed. On his first tour of Turkey, the 35-year-old hip-hop star made his Istanbul debut late on Sunday and was to hold another event in the western Izmir resort on Monday. The Istanbul event was billed as “a performance that goes beyond a classic concert” with a limited audience of just 2,500 fans, according to...
The Prince of Darkness appears in his element bad-mouthing colleagues and allies behind their back Peter Mandelson *** Red Dispatch Box *** Please contact *** and ask her to talk to *** about *** . It is ridiculous that *** cannot do *** in time for the *** . In the meantime, please also get *** to vote for me as Oxford Chancellor. It’s the least I deserve. My bank account details are *** . Feel f...
The Prince of Darkness appears in his element bad-mouthing colleagues and allies behind their back Peter Mandelson *** Red Dispatch Box *** Please contact *** and ask her to talk to *** about *** . It is ridiculous that *** cannot do *** in time for the *** . In the meantime, please also get *** to vote for me as Oxford Chancellor. It’s the least I deserve. My bank account details are *** . Feel free to send to ***. Probably best to discreetly delete all correspondence on these matters. This message will self-destruct in *** seconds. Thousands of documents released . Many of them rendered almost meaningless with redactions. Almost poetic the level of chaos that has always followed Mandy wherever he goes. The man who believed he was entitled to get away with almost anything. Continue reading...
British heavyweight Anthony Joshua is preparing for his next fight but says his priorty remains on standing strong for the parents of the close friends who died in a car accident.
British heavyweight Anthony Joshua is preparing for his next fight but says his priorty remains on standing strong for the parents of the close friends who died in a car accident.