从苏州到深圳，从成都到上海，一种名为OPC（One Person Company，一人公司）的创业范式正以前所未有的速度席卷全国。 数据为证：全国已涌现出超过700个OPC社区。其中，WeOPC平台聚集了超过45万OPC创业者和AI开发者。而今年3月，首届OPC创造者大会在北京举行，汇聚了来自30多个城市的近千名创业者，场面热烈得像一场独角兽公司的路演——只不过，每一家“公司”的体量，可能只有一个...
SoFi (NASDAQ: SOFI) recently reported strong first-quarter results throughout most of its business, but it wasn't a perfect quarter by any means. In this short video, I discuss the numbers, why the stock is reacting negatively, and much more. *Stock prices used were the morning prices of May 20, 2026. The video was published on May 21, 2026. Continue reading
SoFi (NASDAQ: SOFI) recently reported strong first-quarter results throughout most of its business, but it wasn't a perfect quarter by any means. In this short video, I discuss the numbers, why the stock is reacting negatively, and much more. *Stock prices used were the morning prices of May 20, 2026. The video was published on May 21, 2026. Continue reading
The Chinese Trinidadian actor Jacqueline Chan, who has died aged 91, became a regular on British television after making an impression in the 1960 film The World of Suzie Wong. As Gwennie Lee, she played one of the “Wan Chai girls” alongside Nancy Kwan in the starring role. Chan had already acted Lily, a similar but smaller part, for the first year of its London stage run at the Prince of Wales th...
The Chinese Trinidadian actor Jacqueline Chan, who has died aged 91, became a regular on British television after making an impression in the 1960 film The World of Suzie Wong. As Gwennie Lee, she played one of the “Wan Chai girls” alongside Nancy Kwan in the starring role. Chan had already acted Lily, a similar but smaller part, for the first year of its London stage run at the Prince of Wales theatre (1959-61) in the West End. In December 1959, she took over as the lead character, a Chinese sex worker in Hong Kong having a relationship with an English artist, after Tsai Chin, playing Suzie, fell ill with laryngitis. Two months later, Chan hit the headlines when Princess Margaret became engaged to the photographer Antony Armstrong-Jones (later Lord Snowdon). His pictures of Chan had been published around the world and, with news of the royal engagement, newspapers described her as his “good friend” and “favourite model”. In fact, she was an early girlfriend of the photographer. In 2017, their relationship was depicted in a graphic scene for the TV series The Crown, with Chan played by Alice Hewkin. View image in fullscreen Chan and William Holden in the screen version of The World of Suzie Wong in 1960. Photograph: Smith Archive/Alamy One of Armstrong-Jones’s first pictures of Chan, who met him through a friend in 1955, showed her turning the heads of soldiers in Venice. “I did quite a few modelling jobs for him – I wasn’t just his girlfriend,” Chan told me in 2024. “He quite liked my look.” She attended his wedding to Princess Margaret in 1960 – according to Chan, Armstrong-Jones arranged a car for her and she slipped through a side door into the abbey. Chan’s career continued as she took over The World of Suzie Wong lead role in the West End and repeated it on an Australian tour in 1961, when one critic noted: “Jacqui Chan, an artist of extraordinary talent, gives the part of Suzie Wong a delicate and moving dignity which deepens the play’s effect greatly.” Born ...
Shoe Carnival (SCVL) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.2 per share. This compares to earnings of $0.34 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +15.00%. A quarter ago, it was expected that this footwear retailer would post earnings of $0.33 per sha...
Shoe Carnival (SCVL) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.2 per share. This compares to earnings of $0.34 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +15.00%. A quarter ago, it was expected that this footwear retailer would post earnings of $0.33 per share when it actually produced earnings of $0.33, delivering no surprise. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Shoe Carnival, which belongs to the Zacks Retail - Apparel and Shoes industry, posted revenues of $270.73 million for the quarter ended April 2026, surpassing the Zacks Consensus Estimate by 1.55%. This compares to year-ago revenues of $277.71 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Shoe Carnival shares have lost about 6.6% since the beginning of the year versus the S&P 500's gain of 8.6%. What's Next for Shoe Carnival? While Shoe Carnival has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revi...
Alex Cristi /iStock via Getty Images Executive Summary • During the first quarter, Thrivent Short-Term Bond Fund underperformed the Bloomberg U. S. Government/Credit 1-3 Year Bond Index by 0.09%. The quarter was marked by elevated volatility relative to the second half of 2025, as the corporate market priced in potential economic dislocations due to AI, private credit, and geopolitical events. • T...
Alex Cristi /iStock via Getty Images Executive Summary • During the first quarter, Thrivent Short-Term Bond Fund underperformed the Bloomberg U. S. Government/Credit 1-3 Year Bond Index by 0.09%. The quarter was marked by elevated volatility relative to the second half of 2025, as the corporate market priced in potential economic dislocations due to AI, private credit, and geopolitical events. • The Federal Funds rate was held steady at 3.5-3.75%. The market is not projecting near-term cuts for the first time in a few years, due to potential for upward pressure on inflation from higher oil prices. • Spreads sold off during the quarter, particularly in corporates, offering better reinvestment opportunities. The securitized market remains focused on housing affordability and potential for heightened stress on the consumer, but so far has seen better performance than corporates to start the year. Performance factors Thrivent Short-Term Bond Fund underperformed the Bloomberg U. S. Government/Credit 1-3 Year Bond Index by 0.09% during the first quarter. This underperformance was largely attributable to an overweight to corporates as spreads widened on concerns that included the impact of AI, private credit exposure to software companies, and the potential impact of higher oil prices on the economy. During the quarter, we maintained our corporate exposure and reinvested maturities at more attractive levels. On the securitized side, our exposure to non-agency mortgages contributed positively due to higher carry and more stable spreads. Our longer duration relative to the Index hurt performance as rates sold off significantly over the quarter, with the 2-year Treasury yield rising 32 basis points to end at 3.80%. Over the 12-month period, the Fund outperformed the Bloomberg U. S. Government/Credit 1-3 Year Bond Index by 0.64%. The most significant driver of the Fund's outperformance was our significant overweight to risk assets, which offered higher carry over the time peri...
Key Points Kevin Warsh was recently sworn in as chairman of the Federal Reserve. He wants to shrink the Fed's balance sheet, which could be a headwind to bank earnings. Lower regulations for banks may be a nice profit boost for the likes of JPMorgan Chase. 10 stocks we like better than JPMorgan Chase › After eight years, a new leader of the Federal Reserve has taken the reins from Jerome Powell. O...
Key Points Kevin Warsh was recently sworn in as chairman of the Federal Reserve. He wants to shrink the Fed's balance sheet, which could be a headwind to bank earnings. Lower regulations for banks may be a nice profit boost for the likes of JPMorgan Chase. 10 stocks we like better than JPMorgan Chase › After eight years, a new leader of the Federal Reserve has taken the reins from Jerome Powell. On May 15, Kevin Warsh stepped into the role leading the largest central bank in the world amid promises to bring changes to its philosophy, greasing the wheels of the financial system. But what will that mean for big banks like JPMorgan Chase (NYSE: JPM), Bank of America (NYSE: BAC), and Wells Fargo (NYSE: WFC)? The answer lies in Warsh's philosophy toward banking regulations. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Low interest rates matter less than quantitative tightening The first thing investors think about regarding the Federal Reserve is interest rates. The federal funds rate set by the Fed seeps through to the rest of the economy, affecting how much big banks can earn from loans. If JPMorgan Chase's cost of loans rises, it will be forced to lend at much higher rates to maintain profitability, reducing demand. The Fed's interest rate policy is generally dictated by inflation. Low inflation means low interest rates, while high inflation means rising interest rates to cool the economy and halt price increases for consumers and businesses. His stated interest rate policy is not much different from Jerome Powell's or other Fed leaders, and managing prices and rates has been one of the core mandates of the Fed since it was established in 1913. Where Warsh may hurt the big banks is his philosophy on the Fed's balance sheet. He is opposed to the central bank holding on to assets such as short-term...
Kremlin Blasts 'Borderline Crazy' Threat From Baltic NATO State Russia has express outrage and condemnation of what it has on Wednesday denounced as a "borderline crazy threat" from NATO member Lithuania . Lithuanian Foreign Minister Kestutis Budrys in an interview this week with Neue Zurcher Zeitung provocatively stated that NATO is capable of destroying all Russian bases located in Kaliningrad i...
Kremlin Blasts 'Borderline Crazy' Threat From Baltic NATO State Russia has express outrage and condemnation of what it has on Wednesday denounced as a "borderline crazy threat" from NATO member Lithuania . Lithuanian Foreign Minister Kestutis Budrys in an interview this week with Neue Zurcher Zeitung provocatively stated that NATO is capable of destroying all Russian bases located in Kaliningrad if necessary . via MSC "We have to show the Russians that we're capable of penetrating the small fortress they've built in Kaliningrad ," he said of the Russian exclave. "NATO has the capability, if necessary, to raze Russian air defenses and missile bases there to the ground ." Russia's RT has published the Kremlin response as follows : Recent threats directed at Russia’s Kaliningrad Region by Lithuanian Foreign Minister Kestutis Budrys are “borderline crazy” and reflect a “maniacal” hostility toward Russia among Lithuania’s leadership, Kremlin spokesman Dmitry Peskov has said. “ This anti-Russian sentiment makes them blind , prevents them from thinking about the future and from acting in the interests of their nations,” Peskov said, referring to political elites in all three Baltic states. Later in the day, Russian Foreign Minister Sergey Lavrov echoed Peskov’s remarks, arguing that Western officials resort to such hostile rhetoric to assert their relevance. “But unlike the philosopher [Rene Descartes] who said ‘I think, therefore I am’ these people simply are,” the diplomat joked. As for his other hawkish comments in the interview, the Lithuanian top diplomat strongly suggested the Ukraine war could spread deep into Europe, saying that should the frontline in Ukraine collapse, the consequences would be felt not only across NATO's eastern flank but throughout the entire European Union. "The idea that a conflict with Moscow would only affect Russia's immediate neighbors is a dangerous misconception. It's part of Russian propaganda," Budrys said. "If the frontline collapses,...
Euroseas press release ( ESEA ): Q1 Non-GAAP EPS of $4.70 beats by $0.41 . Revenue of $55.8M (-0.9% Y/Y) misses by $1.1M . An average of 21.0 vessels were owned and operated during the first quarter of 2026 earning an average time charter equivalent rate of $30,354 per day. Shares +5% PM. More on Euroseas Euroseas: Stronger Coverage, Higher Rates, Same Deep Discount Euroseas: Still Deeply Underval...
Euroseas press release ( ESEA ): Q1 Non-GAAP EPS of $4.70 beats by $0.41 . Revenue of $55.8M (-0.9% Y/Y) misses by $1.1M . An average of 21.0 vessels were owned and operated during the first quarter of 2026 earning an average time charter equivalent rate of $30,354 per day. Shares +5% PM. More on Euroseas Euroseas: Stronger Coverage, Higher Rates, Same Deep Discount Euroseas: Still Deeply Undervalued Despite Cycle Concerns Euroseas Ltd. (ESEA) Q4 2025 Earnings Call Transcript Euroseas extends charter for EM Kea at higher rate Most and least shorted industrial stocks with up to $2B market cap
ipuwadol/iStock via Getty Images Originally Published on May 6, 2026 By Louay Mikdashi and Jonathan S. Shahrabani We believe the private credit market is much more diverse—and resilient—than the recent focus on corporate direct lending and BDCs would suggest. Private Credit Is Much More Than Direct Lending The private credit market is diverse, reaching well beyond traditional direct lending into a...
ipuwadol/iStock via Getty Images Originally Published on May 6, 2026 By Louay Mikdashi and Jonathan S. Shahrabani We believe the private credit market is much more diverse—and resilient—than the recent focus on corporate direct lending and BDCs would suggest. Private Credit Is Much More Than Direct Lending The private credit market is diverse, reaching well beyond traditional direct lending into asset-backed finance, infrastructure debt, real estate credit and specialty finance. The total addressable market across these asset classes is estimated in the tens of trillions of dollars, a reflection of how much the opportunity set has grown. But a narrow subset of that market has been the subject of investor focus recently: business development companies (BDCs). We think some investors may be missing the nuance of the private credit market, especially as the entire BDC universe, listed and non-traded combined, amounts to only about $500 billion (see below). While BDC Assets Have Grown, They Remain a Small Part of the Private Credit Universe BDC Assets Under Management Source: KBW. Data as of December 31, 2025. Non-Traded BDCs: Redemptions Don’t Appear to Reflect Performance Redemption activity in non-traded BDCs does not appear to be driven by investment performance. Many of the larger BDC vehicles produced high single-digit returns last year, which compares favorably to a range of fixed income alternatives. Redemptions reflect other factors, including investor liquidity needs and a broader reassessment of portfolio positioning, rather than dissatisfaction with how the underlying assets have performed. Non-Traded BDC Performance Has Remained Solid 2025 Total Net Returns for Top 5 Largest Non-Traded BDCs by Assets vs. U.S. Aggregate Bond Index Source: Bloomberg, Company filings. Data as of December 31, 2025. Returns for Class I Shares. That said, some larger vehicles have approached or reached their quarterly redemption caps, a trend that is worth watching given how thes...