Cognyte Software (NASDAQ: CGNT) stock is getting hit with a big pullback on the heels of the company's latest quarterly release . The artificial intelligence (AI) company's share price was down 20.1% as of 11:55 a.m. ET. Before today's market open, Cognyte published results for the first quarter of its 2027 fiscal year -- which ended April 30. While the company posted sales that topped Wall Street...
Cognyte Software (NASDAQ: CGNT) stock is getting hit with a big pullback on the heels of the company's latest quarterly release . The artificial intelligence (AI) company's share price was down 20.1% as of 11:55 a.m. ET. Before today's market open, Cognyte published results for the first quarter of its 2027 fiscal year -- which ended April 30. While the company posted sales that topped Wall Street's expectations, earnings per share came in below the average forecast. Image source: Getty Images. Continue reading
Christina Minnis, global head of the alternatives origination group at Goldman Sachs, says lines are blurring between different businesses, noting that businesses such as structured products, investment-grade debt and leveraged finance sit on one floor at Goldman Sachs. She speaks at the Bloomberg Global Credit Forum in New York. (Source: Bloomberg)
Christina Minnis, global head of the alternatives origination group at Goldman Sachs, says lines are blurring between different businesses, noting that businesses such as structured products, investment-grade debt and leveraged finance sit on one floor at Goldman Sachs. She speaks at the Bloomberg Global Credit Forum in New York. (Source: Bloomberg)
YieldMax TSM Option Income Strategy ETF ( TSMY ) announces weekly distribution of $0.1488, 13.85% higher from the prior week's distribution of $0.1307. The annual distribution rate is 44.01%, with an SEC yield of 2.23%. The return of capital is 95.27%. Payable June 5; for shareholders of record June 4; ex-div June 4. Source: Press Release More on YieldMax TSM Option Income Strategy ETF TSMY: Don't...
YieldMax TSM Option Income Strategy ETF ( TSMY ) announces weekly distribution of $0.1488, 13.85% higher from the prior week's distribution of $0.1307. The annual distribution rate is 44.01%, with an SEC yield of 2.23%. The return of capital is 95.27%. Payable June 5; for shareholders of record June 4; ex-div June 4. Source: Press Release More on YieldMax TSM Option Income Strategy ETF TSMY: Don't Be Fooled By The Strong Performance TSMY: The Covered Call Strategy That Doesn't Commit Seeking Alpha’s Quant Rating on YieldMax TSM Option Income Strategy ETF Dividend scorecard for YieldMax TSM Option Income Strategy ETF
Rabo On Regime-Change At The Fed: What Warsh Can (And Should) Do First The honeymoon period for Warsh is over . The FOMC could have given him the professional courtesy of allowing him to settle in, but in recent weeks several Committee participants have staked out their position. They want to drop the FOMC’s easing bias and instead take a more neutral stance. This means it will be more difficult f...
Rabo On Regime-Change At The Fed: What Warsh Can (And Should) Do First The honeymoon period for Warsh is over . The FOMC could have given him the professional courtesy of allowing him to settle in, but in recent weeks several Committee participants have staked out their position. They want to drop the FOMC’s easing bias and instead take a more neutral stance. This means it will be more difficult for Warsh to convince the Committee of cutting rates anytime soon. Against that internal pressure, WSJ's Fed whisperer, Nick Timaraos reports that Warsh has tapped two outside associates to advise him while he settles into the job, one of whom previously helped write a conservative blueprint that recommended a radical restructuring of the central bank . The manifesto drew attention for floating ideas well outside the mainstream of monetary policy, including a menu of overhauls whose top-ranked option was “free banking” - effectively abolishing the Fed in favor of privately issued, commodity-backed currency. The report included a disclaimer that said the ideas shouldn’t be attributed to any individual and instead synthesized the views of a panel of contributors. Winfree later distanced himself from the chapter’s more provocative proposals. “I do think the Fed should be reformed,” he told Roll Call in 2024. “But I would not subscribe to the idea of nuking the Fed.” As Rabobank details below, the shifting dynamics in the FOMC cannot be seen separately from the developments in the Strait of Hormuz. As the conflict drags on, energy prices will remain elevated and high inflation sustained for longer. We flagged repeatedly that given the developments in the Middle East, we were more likely to drop a rate cut from our forecast for 2026 than add one. Because of the shifting FOMC dynamics and their changed house view of the conflict and its resolution, Rabobank is now adjusting our Fed view. Shifting FOMC dynamics As we noted last week, in just a few months, the situation into which W...
Quali today announced the launch of Stack Automation by Quali, a new deployment automation platform developed for Cisco and unveiled at Cisco Live. Offered exclusively through Cisco, the platform is designed to help enterprises move from manual, component-by-component infrastructure assembly to automated, production-ready full-stack deployments in hours, not weeks.
Quali today announced the launch of Stack Automation by Quali, a new deployment automation platform developed for Cisco and unveiled at Cisco Live. Offered exclusively through Cisco, the platform is designed to help enterprises move from manual, component-by-component infrastructure assembly to automated, production-ready full-stack deployments in hours, not weeks.
Silver crossed deep into record territory this year, and the stocks levered to it have finally started catching up. With bullion prices still elevated and Wall Street’s analyst desks scrambling to update models, single-digit and low-double-digit miners are quietly becoming some of the most interesting risk/reward setups in the market. For retail investors scanning headlines, ... Physical Bullion? ...
Silver crossed deep into record territory this year, and the stocks levered to it have finally started catching up. With bullion prices still elevated and Wall Street’s analyst desks scrambling to update models, single-digit and low-double-digit miners are quietly becoming some of the most interesting risk/reward setups in the market. For retail investors scanning headlines, ... Physical Bullion? This Pure-Play Silver Monster Under $30 Is a Screaming Buy
It's been two weeks now since Red Cat Holdings (NASDAQ: RCAT) stock announced its big plan to collaborate with drone software company Safe Pro Group in a U.S. Army exercise to identify landmines, unexploded cluster munitions, and "ambush FPV drones" from the air. Two weeks later, we just learned that this demonstration was a success -- and Safe Pro has won a contract that it will share with Red Ca...
It's been two weeks now since Red Cat Holdings (NASDAQ: RCAT) stock announced its big plan to collaborate with drone software company Safe Pro Group in a U.S. Army exercise to identify landmines, unexploded cluster munitions, and "ambush FPV drones" from the air. Two weeks later, we just learned that this demonstration was a success -- and Safe Pro has won a contract that it will share with Red Cat. Not that you would guess it from today's stock prices. Both Safe Pro and Red Cat shares are down, with Red Cat yowling for an 8.8% loss through 11:40 a.m. ET -- reversing yesterday's tiny 0.7% gain after the contract was first announced. Image source: Getty Images. Continue reading
SARINYAPINNGAM/iStock via Getty Images Recently I downgraded PDI to a Hold because while the carry engine is intact, the macro environment is pressuring NAV erosion possibilities. Already, distribution coverage is deteriorating, and the UNII deficit points to a weaker forward returns setup. The PIMCO Corporate & Income Opportunity Fund ( PTY ) does not look the same. While the macro pressures are ...
SARINYAPINNGAM/iStock via Getty Images Recently I downgraded PDI to a Hold because while the carry engine is intact, the macro environment is pressuring NAV erosion possibilities. Already, distribution coverage is deteriorating, and the UNII deficit points to a weaker forward returns setup. The PIMCO Corporate & Income Opportunity Fund ( PTY ) does not look the same. While the macro pressures are still the same, PTY's leaner structure, recovering coverage, and stable UNII tell a materially different story. I rate PTY a Buy and feel that its lower ~12% forward yields at current prices are still a better bet for income investors willing to keep an eye on the macro situation. Coverage Numbers Show Relative Strength In January this year, PTY's three-month rolling coverage ratio was at ~60.4% - levels that start to get concerning. From there the recovery has been steady, and by March/April, the coverage has improved toward the higher eighties. That is a staggering close to a 30 percentage point coverage improvement. A look at the fiscal YTD ratio, however, shows that the coverage ratio was already on the path to recovery in January (~84%) and improved slightly thereafter (higher eighties). That means the January print for 3-month coverage was carrying late 2025 deterioration in reality, and the turnaround in coverage was already a story evident from the turn of the last year. The real coverage improvement story that has added up incrementally this year is the normalization of the income engine. PTY's three-month average NII has climbed from ~$0.072 in January to ~$0.107 by April, a 48% improvement from the start of the year. 3 month Rolling Coverage - PTY, PDI (UNII Report - PTY Website) PTY's UNII balance has remained stable in this period too. A stable UNII deficit and the relative magnitude of the number compared to PDI, in an environment of credit volatility, is not a bad deal. It shows that the gap between income and payments is contained for PTY at this point, not ...
Earnings Call Insights: Destination XL Group (DXLG) first quarter fiscal 2026 Management View “The changes we are making to our assortment, promotional strategy and customer experience to better align with today’s value-conscious big and tall consumer are beginning to bear fruit,” said CEO Harvey Kanter (President, CEO & Director), adding: “We just delivered the strongest quarterly comparable sale...
Earnings Call Insights: Destination XL Group (DXLG) first quarter fiscal 2026 Management View “The changes we are making to our assortment, promotional strategy and customer experience to better align with today’s value-conscious big and tall consumer are beginning to bear fruit,” said CEO Harvey Kanter (President, CEO & Director), adding: “We just delivered the strongest quarterly comparable sales result in the past 3 years at negative 3.8%.” Kanter said the company is moving to resize expenses: “We are aligning our cost structure with our revenue structure by reviewing corporate overhead and our store portfolio,” and added: “We are leaving no stone unturned and working with urgency to finalize and implement these cost-saving actions over the coming months.” Kanter highlighted liquidity and capacity to withstand volatility: “DXL has a fortress balance sheet with over $16 million of cash on hand, no debt and excess availability of $70 million.” CFO Peter Stratton (Executive VP, CFO & Treasurer) reported: “Net sales for the first quarter were $103.3 million,” and said gross margin “was 44.3%,” while “net loss for the quarter was $5.9 million or $0.11 per diluted share.” Kanter disclosed leadership and deal developments: “I informed the Board of my intention to retire effective August 11, 2026,” and said the board “has conducted a comprehensive reevaluation of the merger and believes that the existing terms of the merger agreement are not in the best interest of DXL stockholders.” Outlook Management did not provide a full-year sales or EPS outlook on the call; forward-looking metrics were focused on cost structure, tariffs, marketing rate, and capital spending. On tariffs, Kanter said: “If currently enacted rates remain in effect through fiscal 2026 and no additional tariffs are imposed, we estimate that the impact of tariffs on gross margin... will be approximately 100 basis points, which is an improvement from our previous estimate of 150 basis points.” Stratton gav...
YieldMax SMCI Option Income Strategy ETF ( SMCY ) announces weekly distribution of $0.1722, 24.06% higher from the prior week's distribution of $0.1388.The annual distribution rate is 105.02%, with an SEC yield of 2.15%. The return of capital is 98.22%.Payable June 5; for shareholders of record June 4; ex-div June 4.Source: Press Release More on YieldMax SMCI Option Income Strategy ETF SMCY: Conti...
YieldMax SMCI Option Income Strategy ETF ( SMCY ) announces weekly distribution of $0.1722, 24.06% higher from the prior week's distribution of $0.1388.The annual distribution rate is 105.02%, with an SEC yield of 2.15%. The return of capital is 98.22%.Payable June 5; for shareholders of record June 4; ex-div June 4.Source: Press Release More on YieldMax SMCI Option Income Strategy ETF SMCY: Continues To Deteriorate Investor Capital (Rating Downgrade) Seeking Alpha’s Quant Rating on YieldMax SMCI Option Income Strategy ETF Dividend scorecard for YieldMax SMCI Option Income Strategy ETF
Amazon will use visual search and AI to show AI generated product images that match your search queries. The retailer says it will help guide users to products.
Amazon will use visual search and AI to show AI generated product images that match your search queries. The retailer says it will help guide users to products.