Backrooms stunned industry observers by taking $81m in its first weekend, a record for studio A24 Kane Parsons has become the youngest film-maker to open a film at number one at the North American box office for his directing debut Backrooms. Parsons, 20, is seven years younger than the previous record holder, Josh Trank, who was 27 when his debut Chronicle recorded a $22m opening in 2011. Backroo...
Backrooms stunned industry observers by taking $81m in its first weekend, a record for studio A24 Kane Parsons has become the youngest film-maker to open a film at number one at the North American box office for his directing debut Backrooms. Parsons, 20, is seven years younger than the previous record holder, Josh Trank, who was 27 when his debut Chronicle recorded a $22m opening in 2011. Backrooms stunned industry observers by taking $81m in its first weekend in North America – which was also a record for its studio, A24. Continue reading...
Unitree Robotics, one of the leading forces in mainland China’s booming humanoid robot sector, has cleared a major hurdle for its highly anticipated initial public offering (IPO) after passing a listing committee hearing on Monday. The Hangzhou-based company filed to list on Shanghai’s Star Market on March 20. Following two rounds of regulatory inquiries and an on-site inspection, the hearing appr...
Unitree Robotics, one of the leading forces in mainland China’s booming humanoid robot sector, has cleared a major hurdle for its highly anticipated initial public offering (IPO) after passing a listing committee hearing on Monday. The Hangzhou-based company filed to list on Shanghai’s Star Market on March 20. Following two rounds of regulatory inquiries and an on-site inspection, the hearing approval opens the door for the IPO to proceed to registration and issuance. Unitree said it aimed to...
The stocks featured in this article are seeing some big returns. Over the past month, they’ve outpaced the market due to some combination of positive news, upbeat results, or supportive macro developments. As such, investors are taking notice and bidding up shares.
The stocks featured in this article are seeing some big returns. Over the past month, they’ve outpaced the market due to some combination of positive news, upbeat results, or supportive macro developments. As such, investors are taking notice and bidding up shares.
bymuratdeniz/iStock via Getty Images Paymentus ( PAY ) is a leader in the electronic bill payment market that has consistently posted strong financial results in recent years. Despite a $3 billion market cap, it remains largely underfollowed among investors. Management continues to deliver well above 20% top-line growth and healthy FCF generation, alongside gradual margin expansion from inherent o...
bymuratdeniz/iStock via Getty Images Paymentus ( PAY ) is a leader in the electronic bill payment market that has consistently posted strong financial results in recent years. Despite a $3 billion market cap, it remains largely underfollowed among investors. Management continues to deliver well above 20% top-line growth and healthy FCF generation, alongside gradual margin expansion from inherent operating leverage in the business model. Meanwhile PAY's share price has declined this year due to valuation multiple compression, a trend consistent with its peers in the payments space. In fact, in my prior article covering the company, I had pointed out my concern regarding valuation stating: If the market senses a potential growth slowdown, there is ample room for its multiple to compress. However, momentum in the business remains strong and I am currently seeing no signs of a growth slowdown. The company is now moving closer to the end consumer side through its newly launched Billeo and BillWallet offerings. While the market is likely souring on this move given the elevated competition in the consumer payments space, I find the rationale for this move to be justified. With the stock now valued at less than 23 times FCF, the valuation is highly attractive and warrants a Buy rating. Q1 Earnings Snapshot Q1 Earnings Presentation The key metrics to track PAY's quarterly earnings are highlighted above. Revenue, which represents the gross fee that is tied to the transaction value on the platform grew 30.2% year-over-year in Q1. Contribution profit, which represents the portion of the gross fee that PAY keeps for itself, correspondingly grew 25.2%. As with other payment processors, PAY benefits from strong operating leverage, which supported 41.5% growth in adjusted EBITDA. Other underlying metrics that I track are the Revenue per transaction and Contribution profit per transaction. They were up 11% and 6% respectively, demonstrating that the company is able to maintain its t...
Robert Way/iStock Editorial via Getty Images In my last coverage of Nvidia ( NVDA ) stock, I marked a Strong Buy based on its shift towards being the builder/base of the Agentic-as-a-Service [GaaS] economy. In this, Nvidia is monetizing intelligence tokens per watt instead of hardware/chips. In that thesis, the main bullish catalysts include inference disaggregation (Vera Rubin + Groq 3), which is...
Robert Way/iStock Editorial via Getty Images In my last coverage of Nvidia ( NVDA ) stock, I marked a Strong Buy based on its shift towards being the builder/base of the Agentic-as-a-Service [GaaS] economy. In this, Nvidia is monetizing intelligence tokens per watt instead of hardware/chips. In that thesis, the main bullish catalysts include inference disaggregation (Vera Rubin + Groq 3), which is opening up high-energy efficiency, and NVLink Fusion, which is putting a high-margin ASIC tax on rival hyperscaler chips. I argued that with deep software lock-in through NemoClaw and exponential compute demand from Physical AI, Nvidia’s moat is expanding. Despite risks like power grid caps, thermal limits, and possible hyperscaler CapEx cliffs, Nvidia’s token-yield DCF modeling and technicals pointed to a 33% upside, at that time. As expected, NVDA stock ticked the target mCap of $5.723 trillion (through a swing-high of $5.728 trillion) in mid-May 2026 and corrected to $5.114 trillion mCap, at the time of writing. YCharts Now, in the current article/thesis, I continue to put a Strong Buy rating label on Nvidia stock. To back this rating, my reasoning is that Nvidia is the OS in the agentic-AI market, and the catalyst (for the thesis) is the Vera CPU that opens up a net-new $200 billion TAM by cannibalizing legacy x86 architectures (that bottleneck AI orchestration). At 23.6x forward P/E , Nvidia stock's valuation is still disconnected from its 85% top-line growth with 75% gross margins and the U.S. Export-Import [EXIM] Bank’s de-risking of sovereign AI CapEx through large export financing. However, the main risk to this thesis is in Nvidia’s $18.6 billion circular-financing loop within the fragmented ACIE segment, as a possible macroeconomic shock drying-up venture funding can trigger a large CapEx bust among Neo-clouds (in my view). Moreover, Huawei’s Tau Scaling points to a long-term architectural risk that may break the AI infrastructure market and may be locking Nvidi...
Robert Way/iStock Editorial via Getty Images In my last coverage of Nvidia ( NVDA ) stock, I marked a Strong Buy based on its shift towards being the builder/base of the Agentic-as-a-Service [GaaS] economy. In this, Nvidia is monetizing intelligence tokens per watt instead of hardware/chips. In that thesis, the main bullish catalysts include inference disaggregation (Vera Rubin + Groq 3), which is...
Robert Way/iStock Editorial via Getty Images In my last coverage of Nvidia ( NVDA ) stock, I marked a Strong Buy based on its shift towards being the builder/base of the Agentic-as-a-Service [GaaS] economy. In this, Nvidia is monetizing intelligence tokens per watt instead of hardware/chips. In that thesis, the main bullish catalysts include inference disaggregation (Vera Rubin + Groq 3), which is opening up high-energy efficiency, and NVLink Fusion, which is putting a high-margin ASIC tax on rival hyperscaler chips. I argued that with deep software lock-in through NemoClaw and exponential compute demand from Physical AI, Nvidia’s moat is expanding. Despite risks like power grid caps, thermal limits, and possible hyperscaler CapEx cliffs, Nvidia’s token-yield DCF modeling and technicals pointed to a 33% upside, at that time. As expected, NVDA stock ticked the target mCap of $5.723 trillion (through a swing-high of $5.728 trillion) in mid-May 2026 and corrected to $5.114 trillion mCap, at the time of writing. YCharts Now, in the current article/thesis, I continue to put a Strong Buy rating label on Nvidia stock. To back this rating, my reasoning is that Nvidia is the OS in the agentic-AI market, and the catalyst (for the thesis) is the Vera CPU that opens up a net-new $200 billion TAM by cannibalizing legacy x86 architectures (that bottleneck AI orchestration). At 23.6x forward P/E , Nvidia stock's valuation is still disconnected from its 85% top-line growth with 75% gross margins and the U.S. Export-Import [EXIM] Bank’s de-risking of sovereign AI CapEx through large export financing. However, the main risk to this thesis is in Nvidia’s $18.6 billion circular-financing loop within the fragmented ACIE segment, as a possible macroeconomic shock drying-up venture funding can trigger a large CapEx bust among Neo-clouds (in my view). Moreover, Huawei’s Tau Scaling points to a long-term architectural risk that may break the AI infrastructure market and may be locking Nvidi...
For some investors, start-up Oklo (NYSE: OKLO) has already been a millionaire maker. The nuclear energy stock has more than quadrupled since coming to the market two years ago. Indeed, at one point in 2025, Oklo stock had risen more than 700% year to date, enough to turn a six-figure investment into $1 million or more. Since hitting an all-time high in mid-October of last year, Oklo has had more s...
For some investors, start-up Oklo (NYSE: OKLO) has already been a millionaire maker. The nuclear energy stock has more than quadrupled since coming to the market two years ago. Indeed, at one point in 2025, Oklo stock had risen more than 700% year to date, enough to turn a six-figure investment into $1 million or more. Since hitting an all-time high in mid-October of last year, Oklo has had more sobering market days. Its valuation had gotten absurdly high -- its market cap pushed above $30 billion with no revenue -- and anxiety around its future has brought the share price down to sub-$70 a pop. That's still a lot for a company that doesn't have regulatory approval to operate its reactor commercially. Yet, the sell-off will likely make investors wonder whether Oklo's best days are still ahead or if its millionaire-making magic has vanished. Continue reading
Malaysia is unlikely to come close to a US call for Asian partners to spend 3.5 per cent of gross domestic product on defence, analysts have said, as Putrajaya tries to modernise an ageing military without overwhelming public finances or appearing to align with Washington’s China strategy. Defence Minister Mohamed Khaled Nordin said the US had “every right” to ask allies to raise defence expenditu...
Malaysia is unlikely to come close to a US call for Asian partners to spend 3.5 per cent of gross domestic product on defence, analysts have said, as Putrajaya tries to modernise an ageing military without overwhelming public finances or appearing to align with Washington’s China strategy. Defence Minister Mohamed Khaled Nordin said the US had “every right” to ask allies to raise defence expenditure, but stressed that Malaysia faced limits as a developing economy. “For a country like Malaysia,...