Investing.com -- Alphabet Inc. (NASDAQ:GOOG, NASDAQ:GOOGL) announced a $84.75 billion capital raise to fund artificial intelligence infrastructure expansion as the company disclosed record growth across its Gemini platform and cloud services.
Investing.com -- Alphabet Inc. (NASDAQ:GOOG, NASDAQ:GOOGL) announced a $84.75 billion capital raise to fund artificial intelligence infrastructure expansion as the company disclosed record growth across its Gemini platform and cloud services.
Monty Rakusen/DigitalVision via Getty Images Introduction AAR ( AIR ) is, in our view, one of the names that best captures the structural opportunity in the independent aerospace aftermarket. Q3 FY26 results combined with the May 12 Investor Day reinforced that view. The company reported Q3 results that beat consensus on both the top and bottom lines. Total sales of $845M grew 25% YoY, and adjuste...
Monty Rakusen/DigitalVision via Getty Images Introduction AAR ( AIR ) is, in our view, one of the names that best captures the structural opportunity in the independent aerospace aftermarket. Q3 FY26 results combined with the May 12 Investor Day reinforced that view. The company reported Q3 results that beat consensus on both the top and bottom lines. Total sales of $845M grew 25% YoY, and adjusted EPS of $1.25 came in 8% above the $1.15 sell-side number. The stock has been in a 12-month uptrend (up roughly 70% YoY) and trades at $110 as of the last close, well below the analyst average target of $131. We think the consensus number understates the FY27 earnings power that the HAECO recovery and Trax software ramp bring through. The platform that AAR has built over the last several years is structurally stronger than the market currently appreciates, and we believe that the multiple still does not reflect that strength. AIR Price Action (Seeking Alpha) This article will review the Q3 results, walk through the strategic repositioning that AAR has been executing, and lay out our valuation framework for the company. Strong Q3 With Distribution Driving Most Of The Growth We think the most important data point of Q3 is the 36% organic growth in new parts distribution and the 55% organic growth in government distribution. Total Q3 sales came at $845M (up 25% YoY), with 14% organic adjusted growth, and the balance came from ADI and HAECO Americas. Parts Supply was the biggest contributor, with sales up 45% to $392.5M. Segment adjusted EBITDA came at $58.5M (up 59%), which takes margin to 14.9% from 13.6% a year ago. ADI continues to exceed expectations for the second consecutive quarter, and the CEO mentioned on the call that ADI's adjusted margins are favorable to the overall margins of the company. AAR Q3 Results (AAR Q3 FY26 Earnings Presentation) The segment lines below Parts Supply tell a more mixed story. Repair & Engineering revenue grew 23% to $265M, while segment a...
The largest part of the economy grew faster in May even as businesses had to cope with the worst inflation in several years, but it came at a cost to jobseekers. Many companies have adopted temporary hiring freezes to offset their own rising costs.
The largest part of the economy grew faster in May even as businesses had to cope with the worst inflation in several years, but it came at a cost to jobseekers. Many companies have adopted temporary hiring freezes to offset their own rising costs.
MMM and media optimization company powers measurement for global brands including Unilever, Burger King and Reckitt, as a large implementation partner for Google's Meridian globally Uncover Founders Uncover Founders SÃO PAULO, June 03, 2026 (GLOBE NEWSWIRE) -- Uncover, Latin America's leading Marketing Mix Modeling (MMM) and media measurement platform, today announced a $16 million Series A led by...
MMM and media optimization company powers measurement for global brands including Unilever, Burger King and Reckitt, as a large implementation partner for Google's Meridian globally Uncover Founders Uncover Founders SÃO PAULO, June 03, 2026 (GLOBE NEWSWIRE) -- Uncover, Latin America's leading Marketing Mix Modeling (MMM) and media measurement platform, today announced a $16 million Series A led by Cloud9 Capital, with participation from ABSeed Ventures and Endeavor. Already profitable and workin
Medline ( MDLN ) shares slipped for the fourth consecutive session on Wednesday after the FDA issued a warning letter regarding several manufacturing lapses at a company’s production facility in Illinois. The letter addressed to Medline ( MDLN ) CEO Jim Boyle followed violations of Current Good Manufacturing Practices for pharmaceutical products found at the company's Waukegan, Illinois, facility ...
Medline ( MDLN ) shares slipped for the fourth consecutive session on Wednesday after the FDA issued a warning letter regarding several manufacturing lapses at a company’s production facility in Illinois. The letter addressed to Medline ( MDLN ) CEO Jim Boyle followed violations of Current Good Manufacturing Practices for pharmaceutical products found at the company's Waukegan, Illinois, facility during an FDA inspection in October last year. The violations included failure to investigate lapses in manufacturing standards and separate specific areas within manufacturing operations to prevent potential contamination. The letter dated June 2 followed another FDA warning letter Medline ( MDLN ) received in March regarding violations related to the production of its NAMIC Angiographic Control Syringes at a New York site in December. “You should immediately and comprehensively assess your company’s global manufacturing operations to ensure that systems, processes, and the products manufactured conform to FDA requirements,” the agency said. Medline ( MDLN ) has 15 working days to respond, detailing the actions it has taken to address the violations. The FDA threatened to take regulatory actions, including a pause in issuing export certificates, if the company fails to take remedial measures. Medline ( MDLN ) did not immediately respond to a request for comments. More on Medline Inc. Medline Inc. 2026 Q1 - Results - Earnings Call Presentation Medline Inc. (MDLN) Q1 2026 Earnings Call Transcript Medline: A Lack Of Compelling Risk-Reward Makes Me Cautious Medline holders price 72.6M-share secondary offering at $37/share Blackstone, Hellman & Friedman-backed holders selling Medline shares in offering
Microsoft (NASDAQ: MSFT) is facing investor scrutiny over its lofty AI spending plans, but its enterprise ecosystem may be strengthening. Azure, Copilot, Microsoft 365, GitHub, and security products give Microsoft multiple ways to monetize AI across infrastructure and software. I
Microsoft (NASDAQ: MSFT) is facing investor scrutiny over its lofty AI spending plans, but its enterprise ecosystem may be strengthening. Azure, Copilot, Microsoft 365, GitHub, and security products give Microsoft multiple ways to monetize AI across infrastructure and software. I
FEATURE The insatiable chip stocks rally was marching on Wednesday but software continued to come under pressure. Investor concerns around private credit also hit the market. Red-hot semiconductor names may not be enough to extend the S&P 500’s nine-day winning run to a 10th day, though—and it’s longest streak since 1995.
FEATURE The insatiable chip stocks rally was marching on Wednesday but software continued to come under pressure. Investor concerns around private credit also hit the market. Red-hot semiconductor names may not be enough to extend the S&P 500’s nine-day winning run to a 10th day, though—and it’s longest streak since 1995.
The iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) closed last week at $109.36, up about 6.5% over the past year as the Fed cut rates three times between October and December. That total-return tailwind is real, but LQD has gone almost nowhere over five years (+0.55% in price), and the setup heading into ... Corporate Bond Spreads Are Tightening Fast. What It Means for LQD in 2...
The iShares iBoxx $ Investment Grade Corporate Bond ETF (NYSEARCA:LQD) closed last week at $109.36, up about 6.5% over the past year as the Fed cut rates three times between October and December. That total-return tailwind is real, but LQD has gone almost nowhere over five years (+0.55% in price), and the setup heading into ... Corporate Bond Spreads Are Tightening Fast. What It Means for LQD in 2026
Cotton price action is down 55 to 81 points so far on Wednesday. Futures posted gains of 38 to 73 points in most contracts on Tuesday. The US dollar index was up $0.023 at $99.170. Crude Oil was $1.23 higher to $93.39 The weekly NASS Crop Progress report showed 66%...
Cotton price action is down 55 to 81 points so far on Wednesday. Futures posted gains of 38 to 73 points in most contracts on Tuesday. The US dollar index was up $0.023 at $99.170. Crude Oil was $1.23 higher to $93.39 The weekly NASS Crop Progress report showed 66%...
Corn price action is steady to a penny higher so far on Wednesday morning. Futures closed the Tuesday session with the weakness continuing, as contracts were down 2 ½ to 6 cents across the board, led by the new crop months. Open interest suggested new selling interest up 13,907 contracts....
Corn price action is steady to a penny higher so far on Wednesday morning. Futures closed the Tuesday session with the weakness continuing, as contracts were down 2 ½ to 6 cents across the board, led by the new crop months. Open interest suggested new selling interest up 13,907 contracts....