An earnings “supercycle” in the US is poised to drive stocks to more record highs, according to Nataliia Lipikhina at JPMorgan Chase & Co. , fueled by heavy spending from hyperscalers and advances in agentic AI. “We actually just recently lifted our S&P target, and we think that the earnings growth in 2026 can be 20%,” Lipikhina, the head of EMEA equity strategy at JPMorgan Private Bank, told Bloo...
An earnings “supercycle” in the US is poised to drive stocks to more record highs, according to Nataliia Lipikhina at JPMorgan Chase & Co. , fueled by heavy spending from hyperscalers and advances in agentic AI. “We actually just recently lifted our S&P target, and we think that the earnings growth in 2026 can be 20%,” Lipikhina, the head of EMEA equity strategy at JPMorgan Private Bank, told Bloomberg Television in an interview. The S&P 500 has been tracking its strongest earnings growth in five years during this current reporting period, with Bloomberg Intelligence saying that most of the growth continues to come from Big Tech. Indeed, AI companies are seen as a major reason the US index could exceed 20% earnings growth in 2026, BI said last month. Lipikhina described the recent run of earnings growth as “pretty phenomenal” with tech doing most of the heavy lifting. The bank’s upgraded outlook reflects confidence that the earnings expansion will prove more durable than typical economic cycles. Addressing diversification and hedging the popular AI trade, she said investors need to look at sectors and regions that have underperformed. With uncertainty in the Middle East being such a large part of the wider investing picture, she mentioned Europe and luxury stocks as potential winners on any resolution of the Iran war. On concerns about market stability amid the large initial public offerings set for this summer, Lipikhina said JPMorgan’s analysis shows even very large offerings do not disturb markets significantly. She explained that a company with a trillion-dollar market capitalization and 10% free float might create some selling pressure, but characterized such effects as technical rather than fundamental. “We don’t think it creates instability,” she said. “We think there’s enough capacity in the market to absorb that.” This story was produced with the assistance of Bloomberg Automation.
President Donald Trump takes questions from reporters during a Cabinet meeting in the Cabinet Room of the White House on May 27, 2026 in Washington, DC. Win Mcnamee | Getty Images The Iranian regime has agreed not to have nuclear weapons, President Donald Trump told the New York Post's "Pod Force One" podcast — but he added that Tehran could still "change their mind." "I did have to say we have to...
President Donald Trump takes questions from reporters during a Cabinet meeting in the Cabinet Room of the White House on May 27, 2026 in Washington, DC. Win Mcnamee | Getty Images The Iranian regime has agreed not to have nuclear weapons, President Donald Trump told the New York Post's "Pod Force One" podcast — but he added that Tehran could still "change their mind." "I did have to say we have to do something about Iran, because regardless of how well we're doing [economically] we can't let them have a nuclear weapon," he said in the interview, which was published Wednesday. "They've already agreed they're not going to have a nuclear weapon." When asked to confirm that the Iranian regime had agreed to that term, Trump said: "Oh yeah, they've agreed to that." "I mean, now they can change their mind, but that was one of the things they've had to agree, they've agreed to that. That was the big thing," he said. CNBC has reached out to Iran's foreign ministry for comment. This is breaking news. Please refresh for updates. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Macy's press release ( M ): Q1 Non-GAAP EPS of $0.13 beats by $0.10 . Revenue of $4.68B (+1.7% Y/Y) beats by $70M . Macy’s, Inc. comparable sales increased 3.0%, exceeding the company’s guidance and led by go-forward comparable sales, up 3.1%. Macy’s comparable sales rose 1.6%, inclusive of Reimagine 200 stores’ comparable sales, up 2.4%. Bloomingdale’s comparable sales grew 10.2%, marking seven c...
Macy's press release ( M ): Q1 Non-GAAP EPS of $0.13 beats by $0.10 . Revenue of $4.68B (+1.7% Y/Y) beats by $70M . Macy’s, Inc. comparable sales increased 3.0%, exceeding the company’s guidance and led by go-forward comparable sales, up 3.1%. Macy’s comparable sales rose 1.6%, inclusive of Reimagine 200 stores’ comparable sales, up 2.4%. Bloomingdale’s comparable sales grew 10.2%, marking seven consecutive quarters of gains. Bluemercury comparable sales increased 6.4%. FY26 revenue consensus of $21.59B, EPS consensus of $2.10 Guidance as of June 3, 2026 Guidance as of March 18, 2026 Net sales $21.5 billion to $21.75 billion $21.4 billion to $21.65 billion Comparable sales change 0.5% to 1.2% (0.5%) to 0.5% Adjusted EBITDA3 as a percent of total revenue 7.7% to 7.9% 7.7% to 7.9% Adjusted diluted EPS $2.00 to $2.20 $1.90 to $2.10 Click to enlarge Shares +3% PM. More on Macy's Wall Street Lunch: Macy's Jumps On Berkshire's First Department Store Bet Since 1966 Macy's: Berkshire's New Position's Premise Is Debatable Macy's: Berkshire's Thumbs-Up Comes Amid Record-Low Consumer Sentiment Macy's Q1 2027 Earnings Preview These 10 mid-cap U.S. consumer discretionary stocks rank among the market's cheapest valuations
In this article PGH.N-CH OWL Follow your favorite stocks CREATE FREE ACCOUNT Shares in KKR , Blackstone and other sector peers tumbled in premarket trading on Wednesday as fears over private market valuations returned to the spotlight after Switzerland's Partners Group moved to restrict investor withdrawals from one of its funds. Shares in KKR were sharply lower ahead of the opening bell, and were...
In this article PGH.N-CH OWL Follow your favorite stocks CREATE FREE ACCOUNT Shares in KKR , Blackstone and other sector peers tumbled in premarket trading on Wednesday as fears over private market valuations returned to the spotlight after Switzerland's Partners Group moved to restrict investor withdrawals from one of its funds. Shares in KKR were sharply lower ahead of the opening bell, and were last seen 4.7% lower. Blackstone was down 3.9%, while Ares Management dropped almost 2.5%. Blue Owl Capital 's shares slipped 2.7%, as Carlyle Group edged lower to the tune of 3.1%. Shares in Partners Group — the Swiss asset management giant active in private equity, private credit, infrastructure and real estate markets — plunged 16.6%, reaching a 52-week low on Wednesday. Stock Chart Icon Stock chart icon Partners Group. The Zurich-listed firm has moved to curb investor redemptions in its Global Value SICAV fund, an $8.6 billion so-called 'evergreen' private equity vehicle, at 5% of net asset value, after redemption requests hit 9.8%, according to a Bloomberg report. The fund represents about 4.8% of Partners Group's total asset base. David Layton, Partners Group CEO, told Bloomberg that the redemption pressure seen in private credit is now spreading into other asset classes. The cap chimes with similar measures taken by several U.S. private equity outfits in recent months, where firms have halted or restricted investors from pulling out their money, amid a growing rush for the exits. Retail investors have sought to redeem their money amid growing concerns over liquidity mismatches and deteriorating asset quality in private fund structures. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Maximusnd/iStock via Getty Images A screen of U.S. mid-cap materials stocks identified Balchem ( BCPC ), Eagle Materials ( EXP ), and Warrior Met Coal ( HCC ) as some of the market's least attractively valued names, with each stock carrying a Valuation Grade of F. The valuation grade compares how expensive or cheap a stock is relative to others in its sector. It is based on a combination of valuat...
Maximusnd/iStock via Getty Images A screen of U.S. mid-cap materials stocks identified Balchem ( BCPC ), Eagle Materials ( EXP ), and Warrior Met Coal ( HCC ) as some of the market's least attractively valued names, with each stock carrying a Valuation Grade of F. The valuation grade compares how expensive or cheap a stock is relative to others in its sector. It is based on a combination of valuation metrics such as P/E, PEG, price to sales, and price to cash flow, using both current and forward estimates. The overall valuation grade is derived from a comparison of all underlying metrics and reflects how attractively the stock is priced compared to its sector peers. U.S. mid-cap materials stocks with the least attractive valuations (market cap $2B and $10B): Balchem ( BCPC ): Valuation Grade F Eagle Materials ( EXP ): Valuation Grade F Warrior Met Coal ( HCC ): Valuation Grade F Hawkins ( HWKN ): Valuation Grade F Materion ( MTRN ): Valuation Grade F Hycroft Mining ( HYMC ): Valuation Grade D- Sensient Technologies ( SXT ): Valuation Grade D- United States Lime & Minerals ( USLM ): Valuation Grade D- AptarGroup ( ATR ): Valuation Grade D The Chemours Company ( CC ): Valuation Grade D More on related tickers, etc. USA Rare Earth, Inc. (USAR) Presents at 46th Annual William Blair Growth Stock Conference - Slideshow Taseko Mines: Florence Doubles The Portfolio USA Rare Earth - Strategic Importance Does Not Guarantee Attractive Equity Returns USA Rare Earth selects South Carolina for $1.2B magnet manufacturing, rare earth metals facility MP Materials, USA Rare Earth rally as Needham starts coverage with Buy ratings
"Dramatically Less Accessible To The Average Fan": Knicks Finals Tickets At MSG Sell From $3K To $280K For the first time since 1999, the New York Knicks are heading to the NBA Finals. For fans, it's a dream decades in the making. For anyone hoping to attend a game at Madison Square Garden, however, that dream comes with a staggering price tag in the thousands of dollars. The 2026 NBA Finals betwe...
"Dramatically Less Accessible To The Average Fan": Knicks Finals Tickets At MSG Sell From $3K To $280K For the first time since 1999, the New York Knicks are heading to the NBA Finals. For fans, it's a dream decades in the making. For anyone hoping to attend a game at Madison Square Garden, however, that dream comes with a staggering price tag in the thousands of dollars. The 2026 NBA Finals between the New York Knicks and the San Antonio Spurs have produced some of the most expensive basketball tickets ever recorded. Secondary-market prices have surged to levels that rival — and in some cases exceed — major championship events such as the Super Bowl. The cheapest tickets available for Knicks home games in the Finals have generally been listed between $3,600 and $4,100. Reports from TickPick, SeatGeek, and other ticket marketplaces showed get-in prices exceeding $3,800 for some Madison Square Garden games, while average ticket prices in New York have hovered around $6,000. Even compared with the already-expensive games in San Antonio, Madison Square Garden stands in a category of its own. While some Spurs home games have had entry prices closer to $1,200-$2,000, New York's home games have consistently commanded much higher premiums. The biggest shock has come at the luxury end of the market. One pair of courtside Knicks Finals tickets reportedly sold for nearly $280,000 on the secondary market. Individual premium seats have been listed for well into six figures, with some season-ticket holders reportedly considering offers approaching $100,000 per seat. To put that into perspective, the cost of sitting courtside for a Knicks Finals game can exceed the price of a luxury automobile or a down payment on a home in many parts of the United States. Several factors are driving the unprecedented demand. First, the Knicks have not appeared in the NBA Finals since 1999, creating nearly three decades of pent-up demand among one of sports' largest fan bases. Second, Madison Squ...
May Lim/iStock via Getty Images Real estate stocks are showing improving earnings momentum as analysts raise profit expectations across several REIT categories, including data centers, specialty properties, outdoor advertising, and timberlands. Strong EPS revision trends are often closely monitored by investors because upward earnings estimate revisions can signal improving occupancy trends, resil...
May Lim/iStock via Getty Images Real estate stocks are showing improving earnings momentum as analysts raise profit expectations across several REIT categories, including data centers, specialty properties, outdoor advertising, and timberlands. Strong EPS revision trends are often closely monitored by investors because upward earnings estimate revisions can signal improving occupancy trends, resilient property demand, and stronger operating performance. Seeking Alpha’s EPS Revision Quant Grades rank stocks based on changes in analysts’ earnings estimates using a grading scale that ranges from F to A+. The latest real estate sector screen highlights a diverse group of REITs, with all companies on the list earning the highest possible A+ EPS Revision Grade. Leading the rankings is Digital Realty Trust ( DLR ), a major data center REIT benefiting from continued demand tied to cloud computing and AI infrastructure growth. EPR Properties ( EPR ) and Iron Mountain ( IRM ) follow closely behind, also earning A+ EPS Revision Grades while representing the experiential real estate and information storage segments of the market. The list further includes OUTFRONT Media ( OUT ), which operates in the outdoor advertising REIT space, alongside timber-focused REITs Rayonier ( RYN ) and Weyerhaeuser ( WY ). Together, the group reflects improving earnings expectations across several specialized corners of the real estate sector. The screen highlights the growing diversity within REIT investing, spanning digital infrastructure, entertainment properties, advertising assets, and timberland operations. Despite operating in very different real estate categories, all six companies currently maintain top-tier earnings revision grades. Seeking Alpha’s Quant system evaluates stocks using multiple factors including valuation, growth, profitability, momentum, and earnings revisions. EPS Revision Grades specifically track changes in analysts’ earnings expectations over time, with stronger grade...