On 5/29/26, Enterprise Financial Services Corp's 5.0% Dep Shares Non-Cumul Preferred Stk Ser A (Symbol: EFSCP) will trade ex-dividend, for its quarterly dividend of $0.3125, payable on 6/15/26. As a percentage of EFSCP's recent share price of $20.65, this dividend works out to approximately 1.51%, so look for shares of EFSCP to trade 1.51% lower — all else being equal — when EFSCP shares open for ...
On 5/29/26, Enterprise Financial Services Corp's 5.0% Dep Shares Non-Cumul Preferred Stk Ser A (Symbol: EFSCP) will trade ex-dividend, for its quarterly dividend of $0.3125, payable on 6/15/26. As a percentage of EFSCP's recent share price of $20.65, this dividend works out to approximately 1.51%, so look for shares of EFSCP to trade 1.51% lower — all else being equal — when EFSCP shares open for trading on 5/29/26. On an annualized basis, the current yield is approximately 6.05%, which compares to an average yield of 6.66% in the "Financial" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of EFSCP shares, versus EFSC: Below is a dividend history chart for EFSCP, showing historical dividends prior to the most recent $0.3125 on Enterprise Financial Services Corp's 5.0% Dep Shares Non-Cumul Preferred Stk Ser A: According to the ETF Finder at ETF Channel, Enterprise Financial Services Corp (Symbol: EFSC) makes up 1.03% of the First Trust NASDAQ ABA Community Bank Index Fund ETF (QABA) which is trading lower by about 0.5% on the day Wednesday. (see other ETFs holding EFSC). In Wednesday trading, Enterprise Financial Services Corp's 5.0% Dep Shares Non-Cumul Preferred Stk Ser A (Symbol: EFSCP) is currently off about 1.3% on the day, while the common shares (Symbol: EFSC) are down about 0.8%. Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » Further EFSCP Research: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Jeniffer Fontan/iStock via Getty Images Article Thesis CorMedix Inc. ( CRMD ) is one of my worst-performing positions for now, at least since I've been writing for Seeking Alpha (September-October 2024). With a cost average of $10.8, I am sitting on an ~24% loss (position initiated in June last year). CorMedix is a biotech company that produces DefenCath, an antimicrobial catheter lock solution to...
Jeniffer Fontan/iStock via Getty Images Article Thesis CorMedix Inc. ( CRMD ) is one of my worst-performing positions for now, at least since I've been writing for Seeking Alpha (September-October 2024). With a cost average of $10.8, I am sitting on an ~24% loss (position initiated in June last year). CorMedix is a biotech company that produces DefenCath, an antimicrobial catheter lock solution to reduce the incidence of catheter-related bloodstream infections [CRBSI] in US adult patients receiving chronic hemodialysis through a central venous catheter [CVC]. The problem is that the company came in January with a post-TDAPA (Transitional Drug Add-on Payment Adjustment) 2027 estimate, which was much worse than consensus estimates. We can observe a huge 2027 downward adjustment from $415M to $285M in January: CorMedix Consensus Revenue Trend (Seeking Alpha) My mistake is that I didn’t rely more on my personal research based on historical patterns for other post-TDAPA drugs. Fortunately enough, I had a very small 0.3x position (plus a negligible ~0.1x through options) in a very diversified portfolio due to that high TDAPA uncertainty, so it didn’t affect my portfolio too much. On the other hand, like so many other cases, Mr. Market is notoriously short-term focused, with a window of 6 to 18 months usually in sight. But again, like in so many other cases, I think this is a mistake. I will explain below why I think growth will reignite from 2027 to 2028 and why I consider the stock significantly undervalued today. Business Highlights CorMedix increased FY 2026 guidance for net revenue to $325M-$345M, reflecting strong first-quarter execution, while incorporating DefenCath variability in the back half of 2026 as a result of the expiration of initial TDAPA reimbursement. With ~$97.5M in DefenCath revenue for Q1 and a one-time $9M accounting adjustment, that means ~$88.5M in core revenue. With a list price of $250/vial and only small discounts during the TDAPA period, we ca...
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Procter & Gamble Company (Symbol: PG), where a total of 36,593 contracts have traded so far, representing approximately 3.7 million underlying shares. That amounts to about 46.1% of PG's average daily trading volume over the past month of 7.9 million shares. Especially high volume was seen for t...
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Procter & Gamble Company (Symbol: PG), where a total of 36,593 contracts have traded so far, representing approximately 3.7 million underlying shares. That amounts to about 46.1% of PG's average daily trading volume over the past month of 7.9 million shares. Especially high volume was seen for the $155 strike call option expiring May 29, 2026 , with 13,626 contracts trading so far today, representing approximately 1.4 million underlying shares of PG. Below is a chart showing PG's trailing twelve month trading history, with the $155 strike highlighted in orange: FedEx Corp (Symbol: FDX) saw options trading volume of 6,783 contracts, representing approximately 678,300 underlying shares or approximately 42.6% of FDX's average daily trading volume over the past month, of 1.6 million shares. Especially high volume was seen for the $470 strike call option expiring July 02, 2026, with 290 contracts trading so far today, representing approximately 29,000 underlying shares of FDX. Below is a chart showing FDX's trailing twelve month trading history, with the $470 strike highlighted in orange: And Jabil Inc (Symbol: JBL) saw options trading volume of 5,414 contracts, representing approximately 541,400 underlying shares or approximately 41.8% of JBL's average daily trading volume over the past month, of 1.3 million shares. Particularly high volume was seen for the $360 strike put option expiring May 29, 2026, with 1,431 contracts trading so far today, representing approximately 143,100 underlying shares of JBL. Below is a chart showing JBL's trailing twelve month trading history, with the $360 strike highlighted in orange: For the various different available expirations for PG options, FDX options, or JBL options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » Further PG Research: The views and opinions expressed herein are the views a...
AI content creation tools like Google's new Omni model threaten to make reality even harder to discern from AI fantasy, but YouTube is taking an important step toward verifying video origins. After debuting wishy-washy AI content labeling in 2024, Google will begin using more prominent labeling for AI videos, and the site will no longer rely entirely on uploaders to divulge when they use AI tools ...
AI content creation tools like Google's new Omni model threaten to make reality even harder to discern from AI fantasy, but YouTube is taking an important step toward verifying video origins. After debuting wishy-washy AI content labeling in 2024, Google will begin using more prominent labeling for AI videos, and the site will no longer rely entirely on uploaders to divulge when they use AI tools to create a video. When YouTube first attempted to tackle the identification of AI videos in 2024, it was almost gratuitous. AI videos at the time nearly always outed themselves by looking bizarre or disjointed. In just a few years, AI models like Seedance, Runway, and Google's own Veo have raised the bar for realism and consistency in AI video— the spaghetti is more accurate than ever. Recognizing that, YouTube is making the AI labels more prominent and automating part of the process. Creators are still required to indicate when uploading videos if they were created with the help of AI tools. However, uploaders didn't have any incentive to be honest about that before. Starting this month, YouTube will use "new internal signals" to flag AI content. This will apparently apply to videos that show "significant photorealistic AI use." Read full article Comments
The United States market has shown robust performance recently, climbing 2.5% in the last 7 days and achieving a 26% increase over the past year, with earnings projected to grow by 17% annually. In this favorable environment, growth companies with significant insider ownership can be particularly appealing as they often indicate strong confidence from those who know the business best. Top 10 Growt...
The United States market has shown robust performance recently, climbing 2.5% in the last 7 days and achieving a 26% increase over the past year, with earnings projected to grow by 17% annually. In this favorable environment, growth companies with significant insider ownership can be particularly appealing as they often indicate strong confidence from those who know the business best. Top 10 Growth Companies With High Insider Ownership In The United States Name Insider Ownership Earnings Growth Uxin (UXIN) 33.4% 74.1% Upstart Holdings (UPST) 14.1% 58.1% Laird Superfood (LSF) 16.1% 115.9% KVH Industries (KVHI) 16.3% 146.1% Karman Holdings (KRMN) 15.6% 52.6% IEH (IEHC) 37.3% 114.7% Figure Technology Solutions (FIGR) 29.6% 54.1% Corcept Therapeutics (CORT) 11.7% 48.7% Astera Labs (ALAB) 10.3% 31.5% AppLovin (APP) 27.4% 21.7% Click here to see the full list of 173 stocks from our Fast Growing US Companies With High Insider Ownership screener. Let's explore several standout options from the results in the screener. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Viemed Healthcare, Inc. operates in the United States offering home medical equipment and post-acute respiratory healthcare services, with a market cap of $369.95 million. Operations: The company's revenue is primarily derived from its healthcare facilities and services segment, which generated $286.57 million. Insider Ownership: 13.7% Earnings Growth Forecast: 31.3% p.a. Viemed Healthcare shows promising growth potential, with earnings expected to grow significantly at 31.3% annually, outpacing the US market. Recent Q1 results indicate steady revenue growth to US$75.41 million, though net income remained stable year-over-year. The company is actively pursuing a share buyback program and exploring acquisitions for strategic expansion. Despite no substantial insider buying recently, insider ownership remains high without significant selling activity over the past quarter. VMD Earnings and Revenue Growth as at May 2...
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Uber Technologies Inc (Symbol: UBER), where a total volume of 128,219 contracts has been traded thus far today, a contract volume which is representative of approximately 12.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out...
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Uber Technologies Inc (Symbol: UBER), where a total volume of 128,219 contracts has been traded thus far today, a contract volume which is representative of approximately 12.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 71% of UBER's average daily trading volume over the past month, of 18.1 million shares. Particularly high volume was seen for the $50 strike call option expiring June 05, 2026 , with 39,725 contracts trading so far today, representing approximately 4.0 million underlying shares of UBER. Below is a chart showing UBER's trailing twelve month trading history, with the $50 strike highlighted in orange: JPMorgan Chase & Co (Symbol: JPM) options are showing a volume of 54,769 contracts thus far today. That number of contracts represents approximately 5.5 million underlying shares, working out to a sizeable 68.5% of JPM's average daily trading volume over the past month, of 8.0 million shares. Especially high volume was seen for the $275 strike put option expiring July 02, 2026, with 3,526 contracts trading so far today, representing approximately 352,600 underlying shares of JPM. Below is a chart showing JPM's trailing twelve month trading history, with the $275 strike highlighted in orange: And Nike (Symbol: NKE) saw options trading volume of 129,526 contracts, representing approximately 13.0 million underlying shares or approximately 65% of NKE's average daily trading volume over the past month, of 19.9 million shares. Particularly high volume was seen for the $52.50 strike call option expiring August 21, 2026, with 17,544 contracts trading so far today, representing approximately 1.8 million underlying shares of NKE. Below is a chart showing NKE's trailing twelve month trading history, with the $52.50 strike highlighted in orange: For the various different available expira...
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Lam Research Corp (Symbol: LRCX), where a total volume of 56,398 contracts has been traded thus far today, a contract volume which is representative of approximately 5.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 60...
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Lam Research Corp (Symbol: LRCX), where a total volume of 56,398 contracts has been traded thus far today, a contract volume which is representative of approximately 5.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 60.4% of LRCX's average daily trading volume over the past month, of 9.3 million shares. Especially high volume was seen for the $290 strike put option expiring August 21, 2026 , with 15,018 contracts trading so far today, representing approximately 1.5 million underlying shares of LRCX. Below is a chart showing LRCX's trailing twelve month trading history, with the $290 strike highlighted in orange: AutoZone, Inc. (Symbol: AZO) options are showing a volume of 1,751 contracts thus far today. That number of contracts represents approximately 175,100 underlying shares, working out to a sizeable 57.7% of AZO's average daily trading volume over the past month, of 303,300 shares. Particularly high volume was seen for the $2700 strike put option expiring July 17, 2026, with 534 contracts trading so far today, representing approximately 53,400 underlying shares of AZO. Below is a chart showing AZO's trailing twelve month trading history, with the $2700 strike highlighted in orange: And Robinhood Markets Inc (Symbol: HOOD) saw options trading volume of 122,936 contracts, representing approximately 12.3 million underlying shares or approximately 48.5% of HOOD's average daily trading volume over the past month, of 25.4 million shares. Especially high volume was seen for the $74 strike put option expiring May 29, 2026, with 14,987 contracts trading so far today, representing approximately 1.5 million underlying shares of HOOD. Below is a chart showing HOOD's trailing twelve month trading history, with the $74 strike highlighted in orange: For the various different available expirations ...
On 5/29/26, TPG Mortgage Investment Trust Inc's 8.00% Series B Cumulative Redeemable Preferred Stock (Symbol: MITT.PRB) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 6/17/26. As a percentage of MITT.PRB's recent share price of $22.25, this dividend works out to approximately 2.25%, so look for shares of MITT.PRB to trade 2.25% lower — all else being equal — when MITT.PRB ...
On 5/29/26, TPG Mortgage Investment Trust Inc's 8.00% Series B Cumulative Redeemable Preferred Stock (Symbol: MITT.PRB) will trade ex-dividend, for its quarterly dividend of $0.50, payable on 6/17/26. As a percentage of MITT.PRB's recent share price of $22.25, this dividend works out to approximately 2.25%, so look for shares of MITT.PRB to trade 2.25% lower — all else being equal — when MITT.PRB shares open for trading on 5/29/26. On an annualized basis, the current yield is approximately 8.82%, which compares to an average yield of 8.06% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of MITT.PRB shares, versus MITT: Below is a dividend history chart for MITT.PRB, showing historical dividends prior to the most recent $0.50 on TPG Mortgage Investment Trust Inc's 8.00% Series B Cumulative Redeemable Preferred Stock: According to the ETF Finder at ETF Channel, TPG Mortgage Investment Trust Inc (Symbol: MITT) makes up 1.11% of the Hoya Capital High Dividend Yield ETF (RIET) which is trading up by about 0.5% on the day Wednesday. (see other ETFs holding MITT). In Wednesday trading, TPG Mortgage Investment Trust Inc's 8.00% Series B Cumulative Redeemable Preferred Stock (Symbol: MITT.PRB) is currently off about 1.9% on the day, while the common shares (Symbol: MITT) are up about 0.6%. Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » Further MITT.PRB Research: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Advanced Micro Devices AMD is riding on strong Data Center revenues, which reached $5.78 billion, up 57.2% year over year. The top-line benefited from strong demand for EPYC processors and Instinct GPUs. AMD stated that first-quarter 2026 server CPU revenue grew more than 50% year over year for the fourth consecutive quarter, supported by the rapid adoption of fifth-generation EPYC Turin processor...
Advanced Micro Devices AMD is riding on strong Data Center revenues, which reached $5.78 billion, up 57.2% year over year. The top-line benefited from strong demand for EPYC processors and Instinct GPUs. AMD stated that first-quarter 2026 server CPU revenue grew more than 50% year over year for the fourth consecutive quarter, supported by the rapid adoption of fifth-generation EPYC Turin processors and sustained demand for fourth-generation EPYC chips across cloud and enterprise workloads. The company also emphasized that AI adoption is materially increasing demand for high-performance CPUs alongside GPUs. AMD noted that inferencing and Agentic AI workloads require significant CPU compute for orchestration, data movement and parallel execution, making EPYC processors increasingly central to AI infrastructure buildouts. As a result, AMD raised its long-term outlook for the server CPU total addressable market, now expecting it to grow more than 35% annually to exceed $120 billion by 2030. AMD believes EPYC’s expanding portfolio — including the upcoming sixth-generation Venice family and AI-optimized Verano processors — positions AMD to capture substantial market share gains as hyperscalers deploy broader AI compute architectures. Management indicated that server CPU revenues are expected to grow more than 70% year over year in the second quarter, with strong growth continuing into 2027 as new EPYC products ramp. The company also noted that EPYC processors are helping expand gross margins because of their favorable product mix and increasing adoption across enterprise and cloud customers. AMD recently announced that it has begun the production ramp of its next-generation AI infrastructure platform built around the upcoming Instinct MI350 Series GPUs and sixth-generation EPYC “Venice” processors. The company stated that the platform integrates its Helios rack-scale architecture, which combines EPYC CPUs and Instinct accelerators to optimize AI training and inference wor...
Advanced Micro Devices AMD is riding on strong Data Center revenues, which reached $5.78 billion, up 57.2% year over year. The top-line benefited from strong demand for EPYC processors and Instinct GPUs. AMD stated that first-quarter 2026 server CPU revenue grew more than 50% year over year for the fourth consecutive quarter, supported by the rapid adoption of fifth-generation EPYC Turin processor...
Advanced Micro Devices AMD is riding on strong Data Center revenues, which reached $5.78 billion, up 57.2% year over year. The top-line benefited from strong demand for EPYC processors and Instinct GPUs. AMD stated that first-quarter 2026 server CPU revenue grew more than 50% year over year for the fourth consecutive quarter, supported by the rapid adoption of fifth-generation EPYC Turin processors and sustained demand for fourth-generation EPYC chips across cloud and enterprise workloads. The company also emphasized that AI adoption is materially increasing demand for high-performance CPUs alongside GPUs. AMD noted that inferencing and Agentic AI workloads require significant CPU compute for orchestration, data movement and parallel execution, making EPYC processors increasingly central to AI infrastructure buildouts. As a result, AMD raised its long-term outlook for the server CPU total addressable market, now expecting it to grow more than 35% annually to exceed $120 billion by 2030. AMD believes EPYC’s expanding portfolio — including the upcoming sixth-generation Venice family and AI-optimized Verano processors — positions AMD to capture substantial market share gains as hyperscalers deploy broader AI compute architectures. Management indicated that server CPU revenues are expected to grow more than 70% year over year in the second quarter, with strong growth continuing into 2027 as new EPYC products ramp. The company also noted that EPYC processors are helping expand gross margins because of their favorable product mix and increasing adoption across enterprise and cloud customers. AMD recently announced that it has begun the production ramp of its next-generation AI infrastructure platform built around the upcoming Instinct MI350 Series GPUs and sixth-generation EPYC “Venice” processors. The company stated that the platform integrates its Helios rack-scale architecture, which combines EPYC CPUs and Instinct accelerators to optimize AI training and inference wor...
(RTTNews) - European stocks failed to hold early gains on Wednesday as the mood turned cautious around mid-afternoon and investors assessed news about U.S.-Iran peace efforts and stayed largely reluctant to make significant moves in the final hour. Weak oil prices helped lift sentiment. Brent crude futures fell below $98 a barrel after reports emerged that some LNG tankers have passed through the ...
(RTTNews) - European stocks failed to hold early gains on Wednesday as the mood turned cautious around mid-afternoon and investors assessed news about U.S.-Iran peace efforts and stayed largely reluctant to make significant moves in the final hour. Weak oil prices helped lift sentiment. Brent crude futures fell below $98 a barrel after reports emerged that some LNG tankers have passed through the Strait of Hormuz in recent days, helping ease supply concerns amid prolonged West Asia conflict. U.S. Secretary of State Marco Rubio said a potential deal to end the Middle East conflict could "take a few days" amid unresolved issues surrounding Tehran's frozen assets and unrestricted passage through Hormuz. Iran condemned the recent self-defense strikes conducted by U.S. forces and said it would leave no act of aggression unanswered. Auto stocks found support after data showed European car sales climbed for the third successive month in April thanks to strong demand for electric and hybrid vehicles. The pan European Stoxx 600 edged up 0.03%. The U.K.'s FTSE 100 closed 0.13% up, and France's CAC 40 climbed 0.43%, while Germany's DAX closed 0.03% down. Switzerland's SMI settled with a gain of 0.75%. Among other markets in Europe, Belgium, Finland, Greece, Ireland, Russia and Spain ended higher. Czech Republic, Denmark, Netherlands, Norway, Poland, Portugal, Sweden and Türkiye closed weak, while Austria and Iceland ended flat. In the UK market, JD Sports Fashion rallied more than 5%. Marks & Spencer gained 4.3%. Burberry Group, Intercontinental Hotels Group, IAG, Rolls-Royce Holdings, ondi, Reckitt Benckiser, Berkeley Group Holdings, Diageo, Associated British Foods, Barratt Redrow, Unilever and Coca-Cola HBC moved up 2%-3.1%. Pets At Home shares jumped 6%. After reporting a steep fall in annual underlying pretax profit, the U.K. pet care retailer said its retail sales returned to growth in the fourth quarter. Energy stocks BP and Shell fell 2.7% and 2.3%, respectively, weigh...
Cognition has raised more than $1 billion in a new funding round at a $26 billion valuation, the latest sign of strong demand for companies using AI for software development. Cognition CEO Scott Wu joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
Cognition has raised more than $1 billion in a new funding round at a $26 billion valuation, the latest sign of strong demand for companies using AI for software development. Cognition CEO Scott Wu joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
The GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL) delivers two times the daily move of Coinbase (NASDAQ:COIN). That appeal masks a trap: the fund’s daily reset, paired with COIN’s realized volatility, has shredded NAV even on sideways days. CONL trades at $8.15 today, and the math behind that number tells the entire story. The leveraged ... CONL’s 2x Coinbase Bet Has Lost Most of Its Value as...
The GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL) delivers two times the daily move of Coinbase (NASDAQ:COIN). That appeal masks a trap: the fund’s daily reset, paired with COIN’s realized volatility, has shredded NAV even on sideways days. CONL trades at $8.15 today, and the math behind that number tells the entire story. The leveraged ... CONL’s 2x Coinbase Bet Has Lost Most of Its Value as COIN Volatility Whipsaws Holders Daily
July arabica coffee (KCN26) today is down -4.95 (-1.81%), and July ICE robusta coffee (RMN26) is down -48 (-1.36%). Coffee prices fell from 1.5-week highs today and turned lower after weakness in the Brazilian real sparked long liquidation in coffee futures. The real (^USDBRL) fell to a 1-week low today, encouraging export sales from Brazil's coffee producers. Don’t Miss a Day: Coffee prices today...
July arabica coffee (KCN26) today is down -4.95 (-1.81%), and July ICE robusta coffee (RMN26) is down -48 (-1.36%). Coffee prices fell from 1.5-week highs today and turned lower after weakness in the Brazilian real sparked long liquidation in coffee futures. The real (^USDBRL) fell to a 1-week low today, encouraging export sales from Brazil's coffee producers. Don’t Miss a Day: Coffee prices today initially climbed to 1.5-week highs on global weather risks. Robusta rose sharply amid dry weather in Vietnam, which is raising concerns about the country's robusta coffee crop. Weather forecaster Vaisala said recent showers in Vietnam's Central Highlands, the country's main growing region, have been spotty, and more rain is needed to aid cherry growth. Concerns that an El Niño weather pattern could hurt Brazil's coffee crop next year are also supportive for prices. Coffee trader Commercial said the El Niño weather pattern may delay rains in Brazil this September and October, when tree flowering normally occurs, hurting Brazil's 2026/27 coffee crop. The US National Oceanic and Atmospheric Administration (NOAA) estimates a 82% probability that El Niño conditions will emerge between May and July and persist through the end of the year, with a 67% chance of a "Super El Niño." Coffee prices have ratcheted lower over the past month, with arabica falling to a 1.5-year nearest-futures low last Tuesday, amid an improved global supply outlook. On May 7, the Coffee Trading Academy projected Brazil's 2026/27 coffee harvest will increase by 12% y/y to 71.4 million bags. On March 19, Marex Group Plc projected a record 2026/27 Brazilian coffee crop of 75.9 million bags, surpassing Sucafina's forecast of 75.4 million bags (+15.5% y/y). On March 12, StoneX raised its Brazil 2026/27 coffee production estimate to a record 75.3 million bags, up from a November estimate of 70.7 million bags. Meanwhile, StoneX projected the 2026 global coffee surplus will expand to 10 million bags from 1.8 mil...
is a senior reporter covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme. Posts from this author will be added to your daily email digest and your homepage feed. Valve has significantly increased the price of the Steam Deck — but now, it’s also in stock. The 512GB Steam Deck OLED now costs $789, up from $549, while the 1TB model costs $949, up from...
is a senior reporter covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme. Posts from this author will be added to your daily email digest and your homepage feed. Valve has significantly increased the price of the Steam Deck — but now, it’s also in stock. The 512GB Steam Deck OLED now costs $789, up from $549, while the 1TB model costs $949, up from $649. As I write this, both models are available to buy on Steam with an estimated delivery date of three to five business days. The company says the price increase is because of “rising memory and storage costs.” Nothing about the Steam Deck has changed, but “these new prices reflect the current state of component costs and other global logistical challenges across the industry as a whole. We’ll keep you updated if anything changes.” Some refurbished Steam Deck models are also currently available, including the 512GB OLED model at $629 and the 1TB OLED model at $759. In February, updated the Steam Deck’s store listing to say that the handheld gaming PC would be out of stock “intermittently in some regions due to memory and storage shortages.” Memory and storage shortages have also created hurdles for Valve’s planned launches of the Steam Machine and Steam Frame; the company originally wanted to launch those in early 2026, but due to the shortages, it now it expects to ship them at some point this year. Valve did launch the Steam Controller, which it announced alongside the Machine and the Frame late last year, on May 4th. RAMageddon hasn’t just hit Valve. In April, Lenovo increased the price of the Legion Go 2 by hundreds of dollars, and Sony and Nintendo have announced price jumps for the PlayStation and Switch 2.
hapabapa From AI-powered smart apparel to sensor-enabled running shoes, the global sportswear industry is rapidly transforming into a high-tech consumer market, with investor tracking names like Nike ( NKE ), Adidas AG ( ADDYY ), PUMA SE ( PMMAF ), Skechers ( SKX ), Lululemon Athletica ( LULU ), and more. According to recent research from Arizton , the global sportswear market is projected to grow...
hapabapa From AI-powered smart apparel to sensor-enabled running shoes, the global sportswear industry is rapidly transforming into a high-tech consumer market, with investor tracking names like Nike ( NKE ), Adidas AG ( ADDYY ), PUMA SE ( PMMAF ), Skechers ( SKX ), Lululemon Athletica ( LULU ), and more. According to recent research from Arizton , the global sportswear market is projected to grow from $419.05B in 2025 to $531.42B by 2031, expanding at a CAGR of 4.04%. The report said rising health awareness, demand for athleisure products, and innovation in smart wearables are accelerating industry growth. Moreover, features like biometric sensors in clothing, AI-based customization, and 3D-printed footwear components are becoming key growth drivers. North America currently leads the market with more than 39% share. Let's see how the major sportswear players are performing: Nike ( NKE ): Nike stock rose 3.29% to $46.41 on Wednesday, though it remains down 27% YTD. The stock reported Q3 FY26 EPS of $0.35, beating estimates of $0.28, on revenue of $11.23B. CFO Matthew Friend said Q4 revenue could decline 2%-4%, with Greater China expected to fall nearly 20%. Adidas AG ( ADDYY ): Adidas shares climbed nearly 6% to around $96.65. As per its recent Q1 results , revenue increased 7.2% YoY to €6.59B, while the company expects high-single-digit currency-neutral sales growth and operating profit of nearly €2.3B in 2026. PUMA SE ( PMMAF ): PUMA SE gained over 6% to $55.44 and remains up 28% YTD despite weak results. The company reported a Q4 loss of €2.27 per share. The stock also suspended its FY25 dividend and expects FY26 sales to decline in the low- to mid-single-digit range. However, the company is focusing on operational restructuring and product positioning for recovery. The analysis currently shows mixed financial performance despite improving investor sentiments around the sector. Moreover, SA analysts view PUMA SE and Adidas stocks as a 'buy,' while Nike stock refl...
Shares of travel names Delta, United and MGM were among the S&P 500’s biggest gainers on Wednesday. But one strategist called the market’s optimism misplaced.
Shares of travel names Delta, United and MGM were among the S&P 500’s biggest gainers on Wednesday. But one strategist called the market’s optimism misplaced.