If you are wondering whether Lumentum Holdings at around US$938 is priced attractively or already stretched, the key is to look closely at what the current valuation actually reflects. The stock has been very strong over the longer term, with a year to date return of 142.9% and a 7 day move of 4.0%, even though it is down 3.9% over the past month. Recent coverage has focused on the scale of Lument...
If you are wondering whether Lumentum Holdings at around US$938 is priced attractively or already stretched, the key is to look closely at what the current valuation actually reflects. The stock has been very strong over the longer term, with a year to date return of 142.9% and a 7 day move of 4.0%, even though it is down 3.9% over the past month. Recent coverage has focused on the scale of Lumentum Holdings' very large 1 year and 3 year returns, which sit at more than 10x and more than 17x...
There's no denying the ongoing threat of cybersecurity attacks. The global average cost of a data breach in 2025 was $4.44 million, according to a report by IBM , and the threat grows with each passing year. Add to that the threat of hackers deploying artificial intelligence (AI) to gain access, and the stakes have never been higher. Cybersecurity has become a crucial consideration for every busin...
There's no denying the ongoing threat of cybersecurity attacks. The global average cost of a data breach in 2025 was $4.44 million, according to a report by IBM , and the threat grows with each passing year. Add to that the threat of hackers deploying artificial intelligence (AI) to gain access, and the stakes have never been higher. Cybersecurity has become a crucial consideration for every business -- and CrowdStrike Holdings (NASDAQ: CRWD) is one of the undisputed leaders in the field. The company's track record of consistent execution and strong business performance has fueled an impressive ascent. CrowdStrike stock has gained 394% over the past three years (as of this writing), driven by strong revenue and profit growth, thanks to growing demand for its cybersecurity solutions. In fact, since CrowdStrike's initial public offering (IPO) in mid-2019, the stock has soared from a debut price of $34 to more than $747, representing gains of 2,097%. On Wednesday, in conjunction with its quarterly financial report, CrowdStrike announced plans for its first-ever stock split . This revelation has prompted investors to take a fresh look at the stock. Let's take a look to see what it means for investors. Continue reading
Berkshire Hathaway (NYSE:BRK.A) is acquiring Taylor Morrison Home Corporation, marking the first major deal under new CEO Greg Abel. The company is committing US$10b in a private placement as part of Alphabet’s US$80b equity raise focused on AI infrastructure. These moves follow Warren Buffett’s retirement and represent early capital deployment decisions under the new leadership. Berkshire Hathawa...
Berkshire Hathaway (NYSE:BRK.A) is acquiring Taylor Morrison Home Corporation, marking the first major deal under new CEO Greg Abel. The company is committing US$10b in a private placement as part of Alphabet’s US$80b equity raise focused on AI infrastructure. These moves follow Warren Buffett’s retirement and represent early capital deployment decisions under the new leadership. Berkshire Hathaway operates a mix of insurance, utilities, rail, manufacturing, and services businesses,...
Shares of Super Micro Computer (NASDAQ: SMCI) zoomed 68% higher in May, according to data from S&P Global Market Intelligence . The computing hardware provider for artificial intelligence ( AI ) posted significant growth in its latest quarterly results, along with improving gross margins and overall profitability. It has been a lumpy road for Super Micro Computer, with massive price drawdowns and ...
Shares of Super Micro Computer (NASDAQ: SMCI) zoomed 68% higher in May, according to data from S&P Global Market Intelligence . The computing hardware provider for artificial intelligence ( AI ) posted significant growth in its latest quarterly results, along with improving gross margins and overall profitability. It has been a lumpy road for Super Micro Computer, with massive price drawdowns and short-seller reports, but the stock has gotten off to a better start in May. Here's why the stock was dipping, and whether it is a buy for your portfolio now. In the quarter ending in March, Super Micro Computer posted net sales of $10.2 billion, up from just $4.6 billion a year prior. After a lull in 2025, the business has roared back with its full-scale IT, data center, and AI computing services. Super Micro Computer is the middleman between computer chip designers like Nvidia and the data center infrastructure providers like Amazon . Continue reading
Vertigo3d/iStock via Getty Images By Benjamin Schroeder , Senior Rates Strategist Geopolitics have left eurozone bond spreads wider and falling oil prices may no longer ease the pressure Geopolitics continue to drive volatility, and as conflicting signals dampen hopes for a quick solution to the conflict, oil prices have drifted higher, closer to the US$100/bbl threshold again. The resulting marke...
Vertigo3d/iStock via Getty Images By Benjamin Schroeder , Senior Rates Strategist Geopolitics have left eurozone bond spreads wider and falling oil prices may no longer ease the pressure Geopolitics continue to drive volatility, and as conflicting signals dampen hopes for a quick solution to the conflict, oil prices have drifted higher, closer to the US$100/bbl threshold again. The resulting market volatility and more aggressive central bank pricing also feed into bond spreads. In eurozone government bond spreads, Italian spreads have suffered the most. The 10y spread over German Bunds had peaked towards 95bp by the end of March before easing lower to now stand at just above 70bp, still more than 10bp above levels observed just before the turmoil. Less impacted have been French spreads, but they also sit around 6bp wider compared to before the crisis. If we model the countries’ 10y OIS spreads since the end of January by just taking oil prices as input, we can already explain 83% of the Italian spread dynamic. Oil alone also explains close to 70% of French spread dynamics, but only about 23% of Spain’s. That, of course, is reflective of how much these economies are exposed to higher energy prices. Italy is reliant on gas imports, especially from the conflict region, while France is regarded as shielded to some extent by its higher nuclear energy share. We also see consensus 2026 GDP forecasts for Italy having been revised lower by around 0.3% to now 0.5% since the start of the crisis. We see a revision of similar magnitude for France, though, by 0.3% to 0.7%, whereas Spain has seen only a marginal downward revision to still stand at around expected 2.2% growth for this year. Deficit revisions since the crisis hit have been smaller, also given that fiscal responses overall have been quite limited in scale so far, with overall debt levels already strained in many cases. Our view is that downward potential for oil prices, even in a more benign outcome, remains limited ...
Earnings Call Insights: Broadcom (AVGO) Q2 fiscal 2026 Management View "In our fiscal Q2 2026, total revenue reached a record $22.2 billion, up 48% year-on-year, above our guidance on strength in AI semiconductors." (President, CEO & Executive Director Hock Tan) "During the quarter, bookings for AI semiconductors were over $30 billion against the $10.8 billion we shipped." (President, CEO & Execut...
Earnings Call Insights: Broadcom (AVGO) Q2 fiscal 2026 Management View "In our fiscal Q2 2026, total revenue reached a record $22.2 billion, up 48% year-on-year, above our guidance on strength in AI semiconductors." (President, CEO & Executive Director Hock Tan) "During the quarter, bookings for AI semiconductors were over $30 billion against the $10.8 billion we shipped." (President, CEO & Executive Director Hock Tan) "For the full year 2026, we expect to achieve AI semiconductor revenue of $56 billion, up approximately 180% from fiscal 2025." (President, CEO & Executive Director Hock Tan) "Now we expect this momentum to continue into fiscal year 2027 and reiterate our AI semiconductor revenue guidance to be in excess of $100 billion." (President, CEO & Executive Director Hock Tan) "To deliver this vision, we are creating the AI XPV platform with Apollo and Blackstone and other leading investors to deploy more than 20 gigawatts of compute capacity through 2028." (President, CEO & Executive Director Hock Tan) "The first tranche of this platform valued at $35 billion is, in fact, currently being launched by Apollo." (President, CEO & Executive Director Hock Tan) "As we announced, Kirsten will be retiring June 12. And today, we have joining us our incoming Chief Financial Officer, Amy Tenner." (Director of Investor Relations Ji Yoo) "Free cash flow in the quarter was a record $10.3 billion and represented 46% of revenue." (CFO & Chief Accounting Officer Kirsten Spears) Outlook Q3 consolidated revenue guidance of "$29.4 billion" (CFO & Chief Accounting Officer Spears) vs. $28,469,233,940 (analysts’ estimate) "We forecast semiconductor revenue of approximately $20.5 billion" and "Q3 AI semiconductor revenue of $16 billion, up over 200% year-on-year." (CFO & Chief Accounting Officer Spears) "For Q3, we forecast software revenue to be approximately $8.9 billion, up 31% year-on-year." (President, CEO & Executive Director Tan) "As the proportion of AI revenue significantly ...
Autodesk Stock Rally: Why Momentum May Not Be Done YetAutodesk (NASDAQ:ADSK) Chief Financial Officer Janesh Moorjani said the company’s recent business model changes and planned acquisition of MaintainX are intended to position the design software maker for broader participation
Autodesk Stock Rally: Why Momentum May Not Be Done YetAutodesk (NASDAQ:ADSK) Chief Financial Officer Janesh Moorjani said the company’s recent business model changes and planned acquisition of MaintainX are intended to position the design software maker for broader participation