(RTTNews) - Toronto Dominion Bank (TD) released earnings for second quarter that Drops, from last year The company's earnings came in at C$4.04 billion, or C$2.43 per share. This compares with C$10.92 billion, or C$6.27 per share, last year. Excluding items, Toronto Dominion Bank reported adjusted earnings of C$3.96 billion or C$2.38 per share for the period. The company's revenue for the period f...
(RTTNews) - Toronto Dominion Bank (TD) released earnings for second quarter that Drops, from last year The company's earnings came in at C$4.04 billion, or C$2.43 per share. This compares with C$10.92 billion, or C$6.27 per share, last year. Excluding items, Toronto Dominion Bank reported adjusted earnings of C$3.96 billion or C$2.38 per share for the period. The company's revenue for the period fell 31.1% to C$15.79 billion from C$22.93 billion last year. Toronto Dominion Bank earnings at a glance (GAAP) : -Earnings: C$4.04 Bln. vs. C$10.92 Bln. last year. -EPS: C$2.43 vs. C$6.27 last year. -Revenue: C$15.79 Bln vs. C$22.93 Bln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - U.K. stocks fell on Thursday, snapping an eight-session winning streak, as the mood turned a bit bearish amid concerns over escalating tensions in the Middle East following fresh strikes by the U.S. on Iranian targets, and retaliatory action by Tehran. Also, higher oil prices stoked inflation concerns, raising the possibility of interest rate hikes by major central banks. Brent crude f...
(RTTNews) - U.K. stocks fell on Thursday, snapping an eight-session winning streak, as the mood turned a bit bearish amid concerns over escalating tensions in the Middle East following fresh strikes by the U.S. on Iranian targets, and retaliatory action by Tehran. Also, higher oil prices stoked inflation concerns, raising the possibility of interest rate hikes by major central banks. Brent crude futures climbed to $95.98 a barrel before easing to around $94.00, still up nearly 2% from previous close. The benchmark FTSE 100 was down 91.91 points or 0.88% at 10,413.10 about half an hour before noon. BT Group fell 4.65% after reports emerged that the British government would oppose any attempt from Sunil Bharti Mittal to raise his stake in the telecoms company beyond 25%. Kingfisher, Fresnillo, JD Sports Fashion, Severn Trent, AutoTrader Group, National Grid, Associated British Foods, Informa, Entain, Endeavour Mining, Intertek Group, AstraZeneca and DCC shed 2%-4%. SSE slid about 1.7% after reporting a 5% fall in adjusted earnings per share for the year ended March 31, 2026. Prudential, Weir Group, Convatec Group, M&G, Standard Chartered, Reckitt Benckiser, British American Tobacco, HSBC Holdings and Marks & Spencer also drifted notably lower. Babcock International moved up 2.7%, BAE Systeme gained 2.5%, and Compass Group climbed 2.2%. Vodafone Group, Melrose Industries, ICG, Rolls-Royce Holdings, Lion Finance, Shell and F&C Investment Trust posted modest gains. Data released by the Society of Motor Manufacturers and Traders Limited (SMMT) showed UK car production dropped 0.7% year-on-year to a four-month low of 56,135 units in April, following a 0.8% decline in the previous month. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - Hormel Foods Corp (HRL) revealed earnings for second quarter that Drops, from the same period last year The company's earnings totaled $157.47 million, or $0.29 per share. This compares with $180.02 million, or $0.33 per share, last year. Excluding items, Hormel Foods Corp reported adjusted earnings of $220.28 million or $0.40 per share for the period. The company's revenue for the per...
(RTTNews) - Hormel Foods Corp (HRL) revealed earnings for second quarter that Drops, from the same period last year The company's earnings totaled $157.47 million, or $0.29 per share. This compares with $180.02 million, or $0.33 per share, last year. Excluding items, Hormel Foods Corp reported adjusted earnings of $220.28 million or $0.40 per share for the period. The company's revenue for the period rose 2.6% to $2.972 billion from $2.898 billion last year. Hormel Foods Corp earnings at a glance (GAAP) : -Earnings: $157.47 Mln. vs. $180.02 Mln. last year. -EPS: $0.29 vs. $0.33 last year. -Revenue: $2.972 Bln vs. $2.898 Bln last year. -Guidance: Full year EPS guidance: $ 1.43 To $ 1.51 Full year revenue guidance: $ 12.2 B To $ 12.5 B The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
JHVEPhoto/iStock Editorial via Getty Images In early March, I reiterated my buy rating on Super Micro Computer, Inc. ( SMCI ). While there were some margin pressures, business activity was regaining momentum. Furthermore, the valuation was shown to be highly attractive. Not too long after the publication of that article, three individuals with links to the company were charged with smuggling AI te...
JHVEPhoto/iStock Editorial via Getty Images In early March, I reiterated my buy rating on Super Micro Computer, Inc. ( SMCI ). While there were some margin pressures, business activity was regaining momentum. Furthermore, the valuation was shown to be highly attractive. Not too long after the publication of that article, three individuals with links to the company were charged with smuggling AI technology to China. We'll discuss this in further depth later in this article, but you can see in the below chart that the stock has still seen very respectable gains of 24% since early March. Super Micro Computer reported their latest round of earnings earlier this month, and so today I will be providing a fresh analysis. Seeking Alpha Below, it is shown that Q3 was a solid quarter for the company. Growth held up well to show that demand is in a good position, while margins expanded as an indication of improving profitability. Looking ahead, guidance is a little mixed, and reputational risks are significant. However, when considering that AI tailwinds remain in place and that the company is focused on expanding production, I believe the long-term outlook remains intact. Meanwhile, the valuation remains at a major discount. Super Micro Computer is nowhere near perfect, but at this price point, it doesn't need to be. As a result, I'm reiterating my buy rating on the stock. Demand Seems To Be Strong Data by YCharts With the AI infrastructure boom ongoing, there are few signs in Super Micro Computer's top-line results that demand is fading. On the contrary, the company reported total revenues of $10.243 billion, which represents impressive growth of 123% YoY. The above chart shows that there has been a slight slowdown in growth from the previous quarter, and they also missed analysts top-line expectations by a rather wide margin of $2.21 billion. However, honestly, I believe investors don't have too much to complain about considering the triple-digit growth rate for FY2026 Q3. ...
Dollar Tree press release ( DLTR ): Q1 Non-GAAP EPS of $1.74 beats by $0.19 . Revenue of $4.98B (+7.3% Y/Y) beats by $20M . Generated $644 million of net cash provided by operating activities from continuing operations and $392 million of free cash flow Ended the quarter with 9,382 stores across the Dollar Tree U.S. and Dollar Tree Canada banners Fiscal 2026 Outlook Our full-year fiscal 2026 outlo...
Dollar Tree press release ( DLTR ): Q1 Non-GAAP EPS of $1.74 beats by $0.19 . Revenue of $4.98B (+7.3% Y/Y) beats by $20M . Generated $644 million of net cash provided by operating activities from continuing operations and $392 million of free cash flow Ended the quarter with 9,382 stores across the Dollar Tree U.S. and Dollar Tree Canada banners Fiscal 2026 Outlook Our full-year fiscal 2026 outlook is presented on a continuing operations basis and excludes the impact of tariff refunds. For fiscal 2026, the Company now expects: Net sales from continuing operations in the range of $20.5 billion to $20.7 billion vs. $20.64B consensus , based on comparablestore net sales growth in the range of 3% to 4% Approximately 400 new store openings and 75 closings Adjusted diluted earnings per share in the range of $6.70 to $7.10 vs. $6.67 consensus (prior $6.50 to $6.90). Second Quarter 2026 Outlook The Company expects net sales from continuing operations for the second quarter will range from $4.8 billion to $4.9 billion vs. $4.84B consensus , based on comparable store net sales growth in the range of 2.5% to 3.5%. Adjusted diluted EPS for the second quarter 2026 is estimated to be in the range of $1.00 to $1.15 vs. $0.99 consensus. More on Dollar Tree Dollar General Vs. Dollar Tree: The Top Dollar Store Dollar Tree: Benefiting From Consumer Stress And Iran Tailwinds (Upgrade) Dollar Tree: A Strong Bet As Shoppers Seek Value Dollar Tree Q1 2027 Earnings Preview Consumer staples win on defensive bets in Q1; Bunge, ADM lead gains
Snowflake (SNOW) shares jumped early Thursday after the cloud-based data platform raised its full-ye Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
Snowflake (SNOW) shares jumped early Thursday after the cloud-based data platform raised its full-ye Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
Key Points Stablecoins are usually backed by yield-bearing financial instruments. Hyperliquid just cut a deal to get a large share of the yield of the most common stablecoin stored on its platform. That yield will translate directly into more token buybacks to reward holders. 10 stocks we like better than Hyperliquid › Every dollar of the stablecoin USDC that's in circulation is backed by reserves...
Key Points Stablecoins are usually backed by yield-bearing financial instruments. Hyperliquid just cut a deal to get a large share of the yield of the most common stablecoin stored on its platform. That yield will translate directly into more token buybacks to reward holders. 10 stocks we like better than Hyperliquid › Every dollar of the stablecoin USDC that's in circulation is backed by reserves, mostly short-term U.S. Treasuries, that generate yield. Since it launched in 2018, virtually all of that income has been retained by its issuer, Circle Internet Group, (NYSE: CRCL) and its distribution partner, Coinbase Global, (NASDAQ: COIN) and the coin's base of holders never saw a cent. But now, Hyperliquid, (CRYPTO: HYPE) the decentralized crypto exchange, just changed the equation. Under a deal announced on May 14, Coinbase became the official USDC treasury deployer on the Hyperliquid network, with Circle handling all of the necessary cross-chain infrastructure. Per the agreement, Hyperliquid is now going to capture up to 90% of the yield from USDC deposits on its platform, which will be revenue used for buying back its native coin, Hype. That's going to be a huge gift for Hyperliquid's holders, so let's explore how it changes the investment thesis. 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 » Free revenue tends to be good for a token's value Hyperliquid already has one of crypto's most aggressive value capture mechanisms, though the field isn't very competitive. It uses roughly 99% of the trading fees from activity on its exchange to buy Hype coins on the open market, creating steady demand that increases with the platform's activity and thus rewards holders via higher prices. The deal with Coinbase and Circle adds another stream of demand for Hype. With about $6.8 billion in stablecoins on th...
Dzmitry Skazau/iStock via Getty Images Market review and outlook The Bloomberg US Aggregate Bond Index declined 0.05% during Q1 2026, driven lower in March by volatility associated with the Iran war after a strong start to the year. Through the first two months of the year, the index returned 1.75% as economic data remained broadly resilient despite concerns around the February sell-off in softwar...
Dzmitry Skazau/iStock via Getty Images Market review and outlook The Bloomberg US Aggregate Bond Index declined 0.05% during Q1 2026, driven lower in March by volatility associated with the Iran war after a strong start to the year. Through the first two months of the year, the index returned 1.75% as economic data remained broadly resilient despite concerns around the February sell-off in software stocks, a key tariff decision by the Supreme Court and the growing drumbeat of war in the Middle East. The US and Israel launched combat operations against Iran on February 28, and the markets spent most of March reeling from the ongoing conflict, resulting in Brent crude oil experiencing its biggest quarterly increase since the Gulf War in 1990. While one normally thinks of a flight-to-quality trade as a rally in Treasury yields as investors move away from risk assets to safer alternatives, this was not the case in March as rates pushed higher across the curve. The Fed held rates steady at the March 18 meeting and avoided any kind of hints about the future path of rates. Despite concerns around the impact of higher energy prices on inflation due to the conflict, no participants viewed a 2026 hike as appropriate at this time. At his press conference, Chairman Jerome Powell alleviated some concern around the leadership of the Federal Reserve, stating that he would remain as chair pro tempore until his replacement is confirmed. Updates by sector Treasury The entire Treasury yield curve pushed higher in Q1, with most of the shift taking place in March after combat operations began in the Middle East. The 2-year Treasury yield climbed 41.8 basis points (BPs) in March, marking its biggest monthly move since October 2024 when ongoing strength in economic news had investors reconsidering rate cut expectations. The dramatic shift in March was more than enough to offset some of the compression in yield during the first two months of the year, resulting in an increase of 32 bps dur...
Microsoft Corp. NASDAQ: MSFT delivered what, by almost any conventional measure, was a spectacular quarter. Microsoft Today MSFT Microsoft $424.84 +12.17 (+2.95%) 52-Week Range $356.28 ▼ $555.45 Dividend Yield 0.86% P/E Ratio 25.26 Price Target $560.88 Add to Watchlist Revenue climbed, cloud growth re-accelerated, and Azure posted numbers that beat even the most optimistic analyst models. On paper...
Microsoft Corp. NASDAQ: MSFT delivered what, by almost any conventional measure, was a spectacular quarter. Microsoft Today MSFT Microsoft $424.84 +12.17 (+2.95%) 52-Week Range $356.28 ▼ $555.45 Dividend Yield 0.86% P/E Ratio 25.26 Price Target $560.88 Add to Watchlist Revenue climbed, cloud growth re-accelerated, and Azure posted numbers that beat even the most optimistic analyst models. On paper, this is a company firing on every cylinder. And yet MSFT shares have shed roughly 15% in 2026, underperforming the broader market at a time when artificial intelligence is supposed to be the defining tailwind of the decade. Get Microsoft alerts: Sign Up The disconnect reflects a fundamental tension at the heart of the Microsoft investment case: the gap between what the company is building and when that build-out is supposed to start paying back shareholders. A $190 Billion Conviction Trade It’s important to consider counterarguments when investing in any stock. In the case of Microsoft, one of the more compelling arguments centers around its capital expenditure (CapEx). Microsoft has committed to spending $190 billion in capital expenditure over the coming years to construct the data center infrastructure it believes will underpin the AI economy. CEO Satya Nadella has framed this as a once-in-a-generation infrastructure moment—comparable, in Microsoft's telling, to the buildout of the electricity grid or the early internet backbone. The argument is that whoever controls AI compute at scale in 2026 will extract disproportionate value for the next decade. Walk away from the CapEx now, the logic runs, and you hand the advantage to Amazon NASDAQ: AMZN, Alphabet NASDAQ: GOOGL or a wave of well-funded challengers. The company has plenty of cash, ending its most recent quarter with $78 billion in cash and $15.8 billion in free cash flow. Still, $10 billion here and $10 billion there quickly adds up to real money. $190 billion is larger than the GDP of many nations. It dwarfs the...
A project designed to teach elderly residents how to protect themselves during extreme heat has improved their health and reduced medical emergencies, according to researchers. Results from the first two years of the three-year “Beat the Heat” project, released by the Chinese University of Hong Kong on Thursday, showed that tailored home interventions led to a 132 per cent increase in knowledge am...
A project designed to teach elderly residents how to protect themselves during extreme heat has improved their health and reduced medical emergencies, according to researchers. Results from the first two years of the three-year “Beat the Heat” project, released by the Chinese University of Hong Kong on Thursday, showed that tailored home interventions led to a 132 per cent increase in knowledge among older residents regarding heat-related health risks, alongside a 37 per cent reduction in related illnesses. “In a city where summers are getting hotter, it is not just the temperature that matters, it is whether an older adult has the physical reserves to cope,” said Professor Jean Woo, director of the university’s Jockey Club Institute of Ageing, which is leading the project. Advertisement Funded by the club’s charities trust, researchers tracked the health of more than 1,500 residents with an average age of 77 living across Kwun Tong and Yau Tsim Mong – two districts where high population and building density can create an “urban heat island” effect. Project researchers and participants reveal the results on Thursday. Photo: Oscar Liu Staff members from the Christian Family Service Centre and the Hong Kong Red Cross created vulnerability profiles of the participants using seven metrics: frailty, medication use, living arrangements, whether they lived alone, ability to go out independently, financial situation and age.
YieldMax PLTR Option Income Strategy ETF (NYSEARCA:PLTY) sells a compelling story: harvest option premium from Palantir’s volatility and collect a distribution rate currently at 66% annualized. The problem is what sits underneath. PLTY’s most recent weekly payout was classified as 95% return of capital and just 5% income, and the fund’s share price has collapsed ... PLTY Promises Income From Palan...
YieldMax PLTR Option Income Strategy ETF (NYSEARCA:PLTY) sells a compelling story: harvest option premium from Palantir’s volatility and collect a distribution rate currently at 66% annualized. The problem is what sits underneath. PLTY’s most recent weekly payout was classified as 95% return of capital and just 5% income, and the fund’s share price has collapsed ... PLTY Promises Income From Palantir’s Wild Ride, But the 70 Percent Yield Hides a Capital Erosion Problem
(RTTNews) - Canadian Imperial Bank of Commerce (CM) will host a conference call at 7:30 AM ET on May 28, 2026, to discuss Q2 26 earnings results. To access the live webcast, log on to https://www.cibc.com/en/about-cibc/investor-relations/quarterly-results.html To listen to the call, dial 647-557-5624 or 1-888-440-4413, Passcode 6873827#. For a replay call, dial 647-362-9199 or 1-800-770-2030, Pass...
(RTTNews) - Canadian Imperial Bank of Commerce (CM) will host a conference call at 7:30 AM ET on May 28, 2026, to discuss Q2 26 earnings results. To access the live webcast, log on to https://www.cibc.com/en/about-cibc/investor-relations/quarterly-results.html To listen to the call, dial 647-557-5624 or 1-888-440-4413, Passcode 6873827#. For a replay call, dial 647-362-9199 or 1-800-770-2030, Passcode 6873827#. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
France will reimburse the cost of weight-loss drugs prescribed to severely obese patients from mid-June in a first for a European Union country, Health Minister Stephanie Rist said on Thursday. Novo Nordisk’s Wegovy and Eli Lilly’s Mounjaro medications have led a boom in anti-obesity treatment, attracting interest from governments keen to address rising overweight levels worldwide. Rist estimate...
France will reimburse the cost of weight-loss drugs prescribed to severely obese patients from mid-June in a first for a European Union country, Health Minister Stephanie Rist said on Thursday. Novo Nordisk’s Wegovy and Eli Lilly’s Mounjaro medications have led a boom in anti-obesity treatment, attracting interest from governments keen to address rising overweight levels worldwide. Rist estimated the annual cost to the state at around €100 million (US$116 million) at full roll-out. Patients in France are currently paying around €300 per month on average for the drugs, she said, without indicating how many people currently follow such treatments. Advertisement “The target population is around one million people. However, this does not mean that everyone will receive the treatment, as it always depends on the individual case and the doctor’s prescription,” Rist said in an interview with TF1 channel The reimbursement through France’s social security system, covering Wegovy and Mounjaro injectable treatments, will be available for severely obese patients with a body mass index of at least 35 with at least one comorbidity, or a BMI of at least 40 regardless of comorbidities, she said. A medicine distributor displays Mounjaro vials at his office in Thane, France in 2026. Anti-obesity drugs have been available in France through medical prescription since 2024. Photo: AFP The drugs will be reimbursed at 65 per cent, though in practice the vast majority of eligible patients benefit from 100 per cent coverage due to comorbidities, she added.