chanakon laorob/iStock via Getty Images Broadcom Inc. ( AVGO ) shares were violently knocked out of investors’ favor after its Q4 FY25 earnings report in December, when the stock price hovered around $412 per share, since then it has hit a low of about $293. The stock price began to U-turn after what we view as a still-underappreciated Q1 FY26 earnings report ; we nitpick the print in our post-ear...
chanakon laorob/iStock via Getty Images Broadcom Inc. ( AVGO ) shares were violently knocked out of investors’ favor after its Q4 FY25 earnings report in December, when the stock price hovered around $412 per share, since then it has hit a low of about $293. The stock price began to U-turn after what we view as a still-underappreciated Q1 FY26 earnings report ; we nitpick the print in our post-earnings coverage . That was in early March, and despite management guiding for a +$100B figure in AI revenue from “just chips” in 2027 on six customers, the stock still underperformed the SOX benchmark and was down 3% for March. We’re only seeing the market begin to comprehend Broadcom’s positioning this month as tier 1 players rush to expand their capacity plans. Last week, Broadcom signed an expanded deal with Anthropic ( ANTHRO ) to give the start-up access to 3.5 GW worth of computing capacity via Google ( GOOGL ) TPUs, up from an initial 1 GW. Mizuho analysts are expecting AI revenue from Anthropic this year to be around $21B and reach $42B in 2027 as Claude usage more than doubles M/M. The good news didn’t stop there; Meta Platforms ( META ) is doubling down on its partnership with Broadcom, too. This week, the two announced a three-year partnership to develop and deploy custom AI chips, committing to an initial deployment of 1 GW for Meta’s custom ASIC, Training and Inference Accelerators, as part of a multi-gigawatt rollout stretched until 2029. Broadcom shares are back in the green on the ASIC momentum, building up 9% YTD, making a strong comeback from an ~11% decline in Q1. This is a breath of fresh air for Broadcom bulls, and proves our motto right: panic fades much faster than fundamentals. YahooFinance Nvidia’s gonna have to share Nvidia ( NVDA ), the long-time AI darling, is now forced to share its market share with Broadcom and soon Marvell ( MRVL ). The AI industry is maturing and increasingly prioritizing lower-cost solutions where the extra mile isn’t needed...
your_photo/iStock via Getty Images Quite frankly, my bullish take on Pagaya Technologies ( PGY ) was my worst call of 2025. I didn't expect the market to reprice the software stocks to such a negative extent. Also, PGY's price action was terrible. Every rally was sold off despite the fintech posting top and bottom-line growth. PGY: Every Rally Was Sold Off (Seeking Alpha) Yes, the downtrend was br...
your_photo/iStock via Getty Images Quite frankly, my bullish take on Pagaya Technologies ( PGY ) was my worst call of 2025. I didn't expect the market to reprice the software stocks to such a negative extent. Also, PGY's price action was terrible. Every rally was sold off despite the fintech posting top and bottom-line growth. PGY: Every Rally Was Sold Off (Seeking Alpha) Yes, the downtrend was brutal, but it looks like the $10 support level has held. So, is my bullish thesis over? No, I don't think so. I personally believe that the bearish AI narrative seems overblown. The fintech trades at 4.5x forward P/E now, and for quite some time was below $1 billion in market cap. Ouch. But it also makes me think that the risk to reward ratio appears appealing at this price tag. I'd love to point out that I see bullish catalysts developing favorably for Pagaya. That's why I am not changing my bullish rating. I still think it's a Strong Buy. And here's why. Cautious Guidance Resulted In 30% Drop The fintech had earnings a few months ago, and the stock dropped about 20% since. The way I see it, two main catalysts drove the sentiment down. Surely enough, it didn't help that PGY delivered lower than analysts anticipated revenue growth . But I think what actually moved the needle was management's commentary on reduced risk going for 2026. PGY: 2026 Financial Outlook (Pagaya Technologies Investor Relations) I honestly love that the company said they reduced exposure to high risk . Of course, that will impact bottom-line growth over the next year, but it should also make the business more sustainable. I honestly don't think that's bad for the long-term. We have risks tied to the possibility of inflation rebound due to high oil prices in the short-term, which could consider the FED raising rates. As a result, consumers may be pressured further. So, I believe it's mature for the company to proceed with a safer approach. And I also would love to point out management sees the market an...
Morgan Stanley ’s traders got a boost from President Donald Trump’s deregulation agenda. In the first three months of the year, Morgan Stanley plowed capital that was freed up after US regulators relaxed a key rule into its prime brokerage division and its macro trading desks, according to Chief Financial Officer Sharon Yeshaya . Wall Street banks long said that the requirement, called the enhance...
Morgan Stanley ’s traders got a boost from President Donald Trump’s deregulation agenda. In the first three months of the year, Morgan Stanley plowed capital that was freed up after US regulators relaxed a key rule into its prime brokerage division and its macro trading desks, according to Chief Financial Officer Sharon Yeshaya . Wall Street banks long said that the requirement, called the enhanced supplementary leverage ratio, held them back from serving as intermediaries in the Treasuries market during times of stress. “The idea was that banks would provide more liquidity in the Treasury and agency markets,” Yeshaya said in an interview, adding that there’s “absolutely” a connection between the rule change and her firm’s investment in its trading business. “That’s what we did.” Read more: Wells Fargo Unleashes Pent-Up Power in Crucial Repo Market Since Trump returned office in early 2025, financial regulators have issued a flurry of proposals to relax the bank capital regime implemented after the 2008 financial crisis. The Federal Reserve, Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. finalized revisions to the SLR in November, and unveiled an additional package of proposals tied to other rules last month. Morgan Stanley was the only one of the biggest Wall Street banks for which the SLR was the so-called “binding constraint,” meaning among all the capital requirements its subject to, that’s the rule it had the least headroom against. The firm’s SLR was 5% at the end of the first quarter, down from 5.4% at year-end. Read more: US Regulators Unveil Plans to Ease Big Bank Capital Rules
Townsquare Media ( TSQ ) said on Wednesday it has formed a strategic digital advertising partnership with Kroenke Sports & Entertainment . Under the agreement, Townsquare will provide its data-driven digital advertising platform and services to support KSE’s digital growth and client offerings, including through a new KSE Digital unit. The partnership expands Townsquare’s Media Partnerships divisi...
Townsquare Media ( TSQ ) said on Wednesday it has formed a strategic digital advertising partnership with Kroenke Sports & Entertainment . Under the agreement, Townsquare will provide its data-driven digital advertising platform and services to support KSE’s digital growth and client offerings, including through a new KSE Digital unit. The partnership expands Townsquare’s Media Partnerships division, launched in 2024, which provides white-label digital solutions to local media companies. TSQ -2.30% premarket to $6.35. Source: Press Release More on Townsquare Media Townsquare Media, Inc. (TSQ) Q4 2025 Earnings Call Transcript Townsquare Media outlines high single-digit digital advertising growth for 2026 while strengthening programmatic partnerships Townsquare Media misses bottom-line estimates; initiates Q1 and FY26 outlook Seeking Alpha’s Quant Rating on Townsquare Media Historical earnings data for Townsquare Media
CACI International ( CACI ) on Wednesday said it has been awarded a five-year expertise task order valued at up to $306 million to continue providing software development and sustainment to the Defense Agencies Initiative’s (DAI) Global Model for the Defense Logistics Agency (DLA). Under this task order, CACI will offer Agile software development, enhancement, and maintenance of current and future...
CACI International ( CACI ) on Wednesday said it has been awarded a five-year expertise task order valued at up to $306 million to continue providing software development and sustainment to the Defense Agencies Initiative’s (DAI) Global Model for the Defense Logistics Agency (DLA). Under this task order, CACI will offer Agile software development, enhancement, and maintenance of current and future releases of DAI’s Global Model. This includes providing functional support and expertise, analysis, recommendations, and hands-on assistance for implementing functional and technical capabilities to meet mandated standards for the financial management system. CACI +1.2% premarket to $540.0. Source: Press Release More on CACI International CACI International Rightly Disputes Its Industry Classification: Oddly, That's Bullish CACI International Inc (CACI) Presents at Bank of America Global Industrials Conference 2026 Transcript CACI International Inc (CACI) Presents at 2026 Cantor Global Technology & Industrial Growth Conference Transcript CACI gets $287M contract from U.S. Army CACI International prices $500M senior notes offering to fund ARKA acquisition
solarseven/iStock via Getty Images The SEC officially approved FINRA's landmark overhaul of the Pattern Day Trader rule on April 14, 2026m eliminating the longstanding $25,000 minimum equity requirement that had barred millions of small investors from actively day trading since 2001, according to Bloomberg News. The new framework replaces the old designation-based system with real-time intraday ma...
solarseven/iStock via Getty Images The SEC officially approved FINRA's landmark overhaul of the Pattern Day Trader rule on April 14, 2026m eliminating the longstanding $25,000 minimum equity requirement that had barred millions of small investors from actively day trading since 2001, according to Bloomberg News. The new framework replaces the old designation-based system with real-time intraday margin standards, applying the same risk-based rules to all investors regardless of account size, with full implementation expected approximately 45 days after FINRA's formal regulatory notice, with firms given up to 18 months to phase in compliance. The ruling puts investment banking and brokerage stocks squarely in focus. The following list ranks the top 10 names in the sector by Seeking Alpha Quant Rating, a system that grades stocks on valuation, growth, momentum, and profitability on a scale of 1 to 5, with scores above 3.5 considered bullish and below 2.5 considered bearish. StoneX Group Inc. ( SNEX ) tops the list with a Strong Buy rating of 4.96, while Interactive Brokers Group, Inc. ( IBKR ) follows with a Buy rating of 4.18. These two companies stand out as the only stocks on the list with bullish Quant Ratings. Major industry players like The Goldman Sachs Group, Inc. ( GS ) and Morgan Stanley ( MS ) appear in the top five, though both carry Hold ratings. In fact, the majority of names in the top 10 currently maintain Hold ratings, with Moelis & Company ( MC ) at the bottom of the list with a rating of 2.71. Here is the list: StoneX Group Inc. ( SNEX ), Quant Rating: 4.96 Interactive Brokers Group, Inc. ( IBKR ), Quant Rating: 4.18 The Goldman Sachs Group, Inc. ( GS ), Quant Rating: 3.42 Virtu Financial, Inc. ( VIRT ), Quant Rating: 3.41 Morgan Stanley ( MS ), Quant Rating: 3.39 BGC Group, Inc. ( BGC ), Quant Rating: 3.38 The Charles Schwab Corporation ( SCHW ), Quant Rating: 3.37 Piper Sandler Companies ( PIPR ), Quant Rating: 3.28 Evercore Inc. ( EVR ), Quant Rat...
A couple spends decades saving, reaches partial retirement, and then makes an unusual decision: act like they have nothing. In a Reddit post, a 51-year-old systems engineer said he and his 52-year-old wife, a former registered nurse, recently stepped back...
A couple spends decades saving, reaches partial retirement, and then makes an unusual decision: act like they have nothing. In a Reddit post, a 51-year-old systems engineer said he and his 52-year-old wife, a former registered nurse, recently stepped back...
Zoomcar ( ZCAR ) has extended its warrant exchange offer deadline from April 15, 2026, to May 11, 2026. The extension gives warrant holders more time to evaluate the offer and allows the company to meet required conditions. A key pending condition is stockholder approval to increase the company’s authorized common shares. More on Zoomcar Holdings Zoomcar announces launch of offer to exchange outst...
Zoomcar ( ZCAR ) has extended its warrant exchange offer deadline from April 15, 2026, to May 11, 2026. The extension gives warrant holders more time to evaluate the offer and allows the company to meet required conditions. A key pending condition is stockholder approval to increase the company’s authorized common shares. More on Zoomcar Holdings Zoomcar announces launch of offer to exchange outstanding warrants for common stock Financial information for Zoomcar Holdings
How do you file taxes on prediction market profits? It seems like the type of straightforward question any halfway decent bookkeeper should be able to answer. Right now, though, it’s a conundrum for tax experts across the country. “You have a vacuum of guidance,” says Patrick Camuso, an accountant who specializes in digital assets. “It puts the taxpayer in a bad position.” Prediction markets have ...
How do you file taxes on prediction market profits? It seems like the type of straightforward question any halfway decent bookkeeper should be able to answer. Right now, though, it’s a conundrum for tax experts across the country. “You have a vacuum of guidance,” says Patrick Camuso, an accountant who specializes in digital assets. “It puts the taxpayer in a bad position.” Prediction markets have been around for decades, so this isn’t a new issue. But platforms like Kalshi and Polymarket have exploded in popularity since last year, which means the question of how to properly account for prediction market gains has shifted from a niche concern to something far more urgent for many people. While only a small sliver of the population actually uses the markets—around 3 percent, according to a recent poll —that still means millions of US residents are obligated to report their wins and losses to the Internal Revenue Service. There’s big money in play here. Kalshi, which has a predominantly American user base, saw over $12 billion in monthly trade volume this past March, according to markets tracker Defi Rate. Kalshi declined to comment. The IRS and Polymarket did not respond to requests for comment. Read full article Comments
narvo vexar/iStock via Getty Images Introduction & Investment Thesis Last week, the software complex came under attack once again after Anthropic came to strike with a powerful new AI model, Mythos, and launched its own Managed Agents platform aimed directly at the agentic platforms of every SaaS company in the world. Not only that, Anthropic’s revelation of achieving an ARR of $30B, overtaking th...
narvo vexar/iStock via Getty Images Introduction & Investment Thesis Last week, the software complex came under attack once again after Anthropic came to strike with a powerful new AI model, Mythos, and launched its own Managed Agents platform aimed directly at the agentic platforms of every SaaS company in the world. Not only that, Anthropic’s revelation of achieving an ARR of $30B, overtaking that of OpenAI, sent all software stocks, including cybersecurity companies, in a tailspin. In all of this confusion, markets completely forgot about Anthropic’s Project Glasswing cybersecurity initiative, where it would grant access to Claude Mythos Preview to all its launch partners as part of their defensive security work and close the governance gap as the rate of AI progress intensifies. As I explained in my CrowdStrike post last week , the Project Glasswing initiative is perhaps the strongest signal that AI won’t kill cybersecurity; instead, companies like CrowdStrike (NASDAQ: CRWD ) should emerge as an indispensable partner that both spearheads and benefits from widespread enterprise AI deployment, given its full-stack approach to cybersecurity. Even though cybersecurity stocks enjoyed a brief rally post the Project Glasswing announcement, the entire complex was dragged lower soon afterwards amid the software meltdown (yet again) with the announcement of Anthropic’s Managed Agents one day later. Amid the volatility, I chose to finally exit my Zscaler (NASDAQ: ZS ) position amid lost conviction, while I used the proceeds to expand my position size in CrowdStrike and Rubrik (NYSE: RBRK ) instead. Why I Exited Zscaler Stock At A Steep Loss There’s no doubt that Zscaler stock has severely fallen behind the pack, down 38% over the past year and underperforming the cybersecurity complex, as can be seen below. SA: Performance of cybersecurity companies over the last 1Y When the company reported its Q2 FY26 earning s, investors focused on “lighter than expected” organic growth...