Tottenham are teetering on the verge, while The U’s have just dropped out of the automatic promotion places in League Two Parents who’ve forgotten how exhausting young children are occasionally stop you and say: “The days are long, but the years are short.” Some reel – which is where I get all of my information these days – altered it slightly to say: “The days are long, but the weeks are also lon...
Tottenham are teetering on the verge, while The U’s have just dropped out of the automatic promotion places in League Two Parents who’ve forgotten how exhausting young children are occasionally stop you and say: “The days are long, but the years are short.” Some reel – which is where I get all of my information these days – altered it slightly to say: “The days are long, but the weeks are also long,” which feels more accurate when you’re on your hands and knees on the kitchen floor picking up sticky rice with a wet wipe. There are fewer saccharine Insta posts about football seasons feeling so arduously long and yet suddenly over at the same time. “Ah don’t you remember when it was the Carabao Cup first round – so cute.” This catches me out every year. Perhaps no one else is blindsided by football season by stealth, but here we are again: just a handful of games remaining to decide everything – and I’m not entirely sure how we’re at this stage. Continue reading...
CVX approves $690M Aseng gas project, boosting LNG capacity and extending Equatorial Guinea???s export life with cost-efficient offshore tie-back design.
CVX approves $690M Aseng gas project, boosting LNG capacity and extending Equatorial Guinea???s export life with cost-efficient offshore tie-back design.
Centuri Holdings ( CTRI ) on Thursday said it has received more than $345 million in new commercial awards across the U.S., spanning natural gas and electric infrastructure projects. About 70% of the awards come from new projects and expanded Master Services Agreements, while the remainder are renewals with existing customers. Projects include utility infrastructure for hyperscale data centers, mu...
Centuri Holdings ( CTRI ) on Thursday said it has received more than $345 million in new commercial awards across the U.S., spanning natural gas and electric infrastructure projects. About 70% of the awards come from new projects and expanded Master Services Agreements, while the remainder are renewals with existing customers. Projects include utility infrastructure for hyperscale data centers, multi-year gas distribution replacements, transmission line construction, smart infrastructure installation, and compressor station upgrades. The company said the new awards bring total year-to-date 2026 bookings to nearly $1.4 billion. CTRI -0.28% premarket to $31.99. Source: Press Release More on Centuri Holdings Centuri Holdings, Inc. 2025 Q4 - Results - Earnings Call Presentation Centuri Holdings, Inc. (CTRI) Q4 2025 Earnings Call Transcript Centuri Holdings: The Slow-Growth EPC With A Lot Of Opportunity Centuri targets $3.15B–$3.45B base revenue for 2026 while strengthening backlog and margin initiatives Centuri Holdings reports mixed Q4 results; introduces FY26 outlook
Alistair Berg/DigitalVision via Getty Images Investment action I had a buy rating for Phoenix Education Partners ( PXED ) previously, as I thought the valuation discount vs. peers was not warranted given it has similar growth, a better business model, and also higher margins. The reason I am downgrading to a hold today is because the near-term growth setup got less clean. The Google search algorit...
Alistair Berg/DigitalVision via Getty Images Investment action I had a buy rating for Phoenix Education Partners ( PXED ) previously, as I thought the valuation discount vs. peers was not warranted given it has similar growth, a better business model, and also higher margins. The reason I am downgrading to a hold today is because the near-term growth setup got less clean. The Google search algorithm disruption created a new headwind to student acquisition, and I think the market now wants proof that PXED can work through that before rewarding the stock with any meaningful re-rating. 2Q26 earnings review PXED reported its Q2 2026 results two days ago. Total revenue was down slightly by 0.4% y/y to $222.5 million. While average enrollment went up 1.8% y/y to 82.6k, revenue per student fell 2.2% y/y. I don’t see this as a major problem since the decline came from a more normal student mix after tighter controls on suspicious or at-risk applicants. The bigger B2B mix also played a part in pushing pricing lower. As such, this was not a quarter where demand fell apart. In terms of operating metrics, retention improved to 76.6%, up ~500 bps y/y; B2B enrollment went up to 35% of total enrollment vs. 31% last year. Margins came in better than top-line performance. Gross margin was 52.7%, up from 52% in Q2 2025, adj. EBITDA margin was up 120 bps y/y to 15.7%, and adj. EPS came in at $0.58. What changed and why I stay neutral Back in my January writeup, I was bullish because the fundamentals were great: the business model looked better, margins looked structurally better in a mostly virtual setup, and regulatory risk also looked much lower. For a quick recap, my general idea was that once PXED cleaned up the student base, growth should become cleaner for investors to extrapolate. However, after 2Q26, I do not think that framing is as clean as I believed anymore. To be clear, the quality side of the story improved, but the growth side got messier. There are operating numbers to...
lcva2/iStock Editorial via Getty Images Staying Bullish On PEP Ahead Of The Earnings Print It's been over half a year since my previous bullish call on PepsiCo, Inc. ( PEP )—back in September 2025 , I argued that the stock was trading as if it were 2009 again, meaning that its valuation was so deeply discounted that the upside was visible to the naked eye. Since that call of mine, the PEP stock ha...
lcva2/iStock Editorial via Getty Images Staying Bullish On PEP Ahead Of The Earnings Print It's been over half a year since my previous bullish call on PepsiCo, Inc. ( PEP )—back in September 2025 , I argued that the stock was trading as if it were 2009 again, meaning that its valuation was so deeply discounted that the upside was visible to the naked eye. Since that call of mine, the PEP stock has managed to bring in a total positive return of over 10%, beating the S&P 500 ( SP500 ) index by a factor of 2-3, which is nice to see. We're now entering yet another earnings season when companies report their calendar Q1 2026 results, and Pepsi is set to release its Q1 results on April 16th (next week). In this article, I'll preview what's coming. TrendSpider Software, PEP daily, Oakoff's notes added While the stock price popped up slightly on a nominal basis in the past few months, I still see a larger upside ahead for dividend investors as the firm keeps re-engineering its business model, trying to focus on its new "value-forward" volume recovery and SKU rationalization. These initiatives look promising to me. The stock's undervaluation gives PEP a margin of safety in case the realization of those initiatives takes longer than I'm expecting. Discussing The Latest Results And Events The reason why PEP was down throughout the whole of 2025 (or most of it) lies in the challenges that the firm's biggest asset has been facing—PepsiCo Foods North America ("PFNA") was losing volumes, so the top-line growth was minimal, closing FY2025 at just +1.7% YoY. The price hikes we've seen in the post-COVID era have peaked, and the high base for comparison, as well as lower affordability of low- and middle-income consumers, led to 5 consecutive quarters of Frito-Lay's volume declines. But I think the negatives have been perfectly priced in. Plus, I saw that in Q4 things started to change in some areas. For example, Q4 net revenues were up 5.6% YoY, beating the consensus by over $373 mil...
jat306/iStock via Getty Images Investors sought to get back more than $20B of their investments from private credit firms in Q1 2026, a sign of the increasing concern after a boom in the asset class, according to a media report on Thursday. The Financial Times calculated that the sector, including Apollo Global Management ( APO ), Ares Management ( ARES ), Blackstone ( BX ), Blue Owl Capital Inc. ...
jat306/iStock via Getty Images Investors sought to get back more than $20B of their investments from private credit firms in Q1 2026, a sign of the increasing concern after a boom in the asset class, according to a media report on Thursday. The Financial Times calculated that the sector, including Apollo Global Management ( APO ), Ares Management ( ARES ), Blackstone ( BX ), Blue Owl Capital Inc. ( OWL ), and KKR ( KKR ), received $20.8B in redemption requests during the quarter. The funds tracked by the FT , which together manage investment portfolios valued at ~$300B, have honored just over 50% of the redemption requests they received. Many investors will have to wait until the next redemption window opens up later this quarter to get repaid. The private credit industry grew rapidly after the 2008 financial crisis, as regulators limited the amount of risks big banks could take. Asset managers filled the gap, providing financing to the buyout industry as they attracted investments from pension funds, endowments, and other institutional investors lured by attractive returns. As investments from large institutional investors have slowed, private credit has more recently turned to affluent retail investors to maintain growth. Retail investors, though, aren't as likely to have the long-term investing horizons that institutional investors have and tend to be more unpredictable in requesting redemptions. The recent round of redemption requests underscores concerns over the private credit sector's lending to private equity-backed software companies and the uncertainty those software businesses face as artificial intelligence advances. In addition, once the Federal Reserve boosted interest rates in 2023, private equity firms have had a tougher time exiting their older leveraged buyouts. Private credit has largely financed those deals. Some asset managers, including Oaktree and Blackstone ( BX ), have honored withdrawals even when they exceed a 5% threshold that would allow...
Simply Good Foods (SMPL) delivered earnings and revenue surprises of +13.21% and -5.46%, respectively, for the quarter ended February 2026. Do the numbers hold clues to what lies ahead for the stock?
Simply Good Foods (SMPL) delivered earnings and revenue surprises of +13.21% and -5.46%, respectively, for the quarter ended February 2026. Do the numbers hold clues to what lies ahead for the stock?
ISerg/iStock via Getty Images ProShares UltraPro QQQ ETF Overview I would consider myself an investor with a high risk tolerance. I love strategically utilizing leveraged growth and income funds. When I previously covered the ProShares UltraPro QQQ ETF ( TQQQ ), I issued a buy rating, despite the market indices hovering near all-time highs. Since then, the Nasdaq-100 has pulled back from its all-t...
ISerg/iStock via Getty Images ProShares UltraPro QQQ ETF Overview I would consider myself an investor with a high risk tolerance. I love strategically utilizing leveraged growth and income funds. When I previously covered the ProShares UltraPro QQQ ETF ( TQQQ ), I issued a buy rating, despite the market indices hovering near all-time highs. Since then, the Nasdaq-100 has pulled back from its all-time highs, but I still remain committed to accumulating shares of TQQQ. Since my last coverage, we've seen rising geopolitical risks, but it appears that a lot of those concerns have already finished being priced into the markets, especially as the U.S. and Iran come to an agreement on a conditional ceasefire . Looking at the performance of TQQQ on a YTD basis, we can see that the total return sits at a loss of a little more than 8.8%. In comparison, the Invesco QQQ Trust ( QQQ ) has only experienced a total loss of a little more than 4% over the same time frame. TQQQ is expected to show greater losses during periods of pullbacks, but this is where I believe it makes the most sense to accumulate shares. I am very optimistic about the outlook of the Nasdaq-100, and I believe that investors willing to take on a greater risk profile can be rewarded handsomely. Of course, a fund like TQQQ isn't meant for every investor. For instance, in a scenario where the conflict with Iran unexpectedly escalates, TQQQ's downside risk may continue. Data by YCharts Furthermore, I believe that the growth of the index will continue once the market realizes the true utility of AI. Yes, many of the large-cap leaders are allocating massive amounts of capital towards the build-out of their AI infrastructure, and it is causing their free cash flows to drastically fall. However, I believe that AI will unlock a level of lower operating costs that was once unimaginable. While the rest of the market is worried about the threat of AI, I believe that optimistic investors who see through the noise have the ...
(RTTNews) - Hundreds of civilians were reportedly killed in Lebanon as Israel hit the region, despite the ceasefire is in effect in the Middle East. Iran condemned the strike, while Israel considers that Iran-backed Hezbollah in Lebanon are not covered under the deal.
(RTTNews) - Hundreds of civilians were reportedly killed in Lebanon as Israel hit the region, despite the ceasefire is in effect in the Middle East. Iran condemned the strike, while Israel considers that Iran-backed Hezbollah in Lebanon are not covered under the deal.
With Capital One Financial down more than 20% in 2026, it's time to buy the dip, according to JPMorgan. The bank upgraded its rating on the financial services company to overweight from neutral. It also cut its price target for the stock to $213, which still indicates a 10.6% gain from Wednesday's close. Analyst Richard Shane said the stock's fall has made sense amid macroeconomic uncertainty, but...
With Capital One Financial down more than 20% in 2026, it's time to buy the dip, according to JPMorgan. The bank upgraded its rating on the financial services company to overweight from neutral. It also cut its price target for the stock to $213, which still indicates a 10.6% gain from Wednesday's close. Analyst Richard Shane said the stock's fall has made sense amid macroeconomic uncertainty, but he thinks there's little downside left unless new risks emerge. "Since the DFS merger," referencing Capital One's purchase of Discover Financial Services which was completed in May, "we have viewed COF as thematically intriguing but were waiting for a more attractive entry point from a valuation perspective; we believe now is a good time to get on board," Shane wrote in a Thursday note. COF YTD mountain COF year-to-date chart. Still, the analyst cut his price target as he takes a more cautious view on the consumer, which now is grappling with higher energy prices in addition to above-target inflation and a murky labor market. However, Shane added that JPMorgan believes the company can weather a weaker consumer. "While the pace of credit improvement has moderated, we believe that the company remains well reserved, which should help limit the risk of additional reserve build even if macro conditions become more challenging," he wrote.