QUALCOMM (QCOM) is in focus after securing a high profile deal to supply millions of custom ASIC chips to ByteDance for AI data centers. This move pushed the stock to record highs. The ByteDance ASIC deal comes on top of a strong run in QUALCOMM’s share price, with a 30 day share price return of 62.19% and a year to date share price return of 40.65%, while the 1 year total shareholder return of 67...
QUALCOMM (QCOM) is in focus after securing a high profile deal to supply millions of custom ASIC chips to ByteDance for AI data centers. This move pushed the stock to record highs. The ByteDance ASIC deal comes on top of a strong run in QUALCOMM’s share price, with a 30 day share price return of 62.19% and a year to date share price return of 40.65%, while the 1 year total shareholder return of 67.85% and 3 year total shareholder return of 123.35% point to momentum that investors are now tying more directly to data center and automotive developments rather than just smartphones. If QUALCOMM’s AI push has your attention, it could be a good moment to look across the sector and scan With QUALCOMM now trading well above its stated analyst price target and intrinsic value estimate, the key question is simple: are you looking at an overheated AI story, or is the market only starting to price in future growth? Advertisement Most Popular Narrative: 18.9% Undervalued Compared with QUALCOMM's last close of $243.29, the most followed narrative sets a fair value at $300, implying a meaningful valuation gap that investors are watching closely. Qualcomm (QCOM) delivered a strong start to FY2025, posting record revenues of $11.7 billion (+18% YoY) and EPS growth of 24% YoY to $3.41. The company’s handset, automotive (+61% YoY), and IoT (+36% YoY) segments drove top-line expansion, while $2.7 billion was returned to shareholders through buybacks and dividends. Want to understand why this narrative leans toward a higher fair value? It leans heavily on segment momentum, margin strength and a richer earnings multiple. Curious which assumptions matter most for that $300 figure? The full narrative lays out the playbook in detail. Result: Fair Value of $300 (UNDERVALUED) However, there are still clear risks, including QUALCOMM’s recent share price surge outpacing its analyst target and intrinsic estimate, and a decline in annual net income growth. Another View: Our DCF Model Points The O...
Chagee Holdings Limited press release ( CHA ): Q1 Non-GAAP EPS of $0.38 beats by $0.10 . Revenue of $514.06M (+4.72% Y/Y) beats by $39.25M . As of March 31, 2026, there were 7,531 teahouses within the Company’s teahouse network in Greater China and overseas, representing a 12.7% increase in the number of teahouses as of March 31, 2025. Total GMV generated in the first quarter of 2026 was RMB7,917....
Chagee Holdings Limited press release ( CHA ): Q1 Non-GAAP EPS of $0.38 beats by $0.10 . Revenue of $514.06M (+4.72% Y/Y) beats by $39.25M . As of March 31, 2026, there were 7,531 teahouses within the Company’s teahouse network in Greater China and overseas, representing a 12.7% increase in the number of teahouses as of March 31, 2025. Total GMV generated in the first quarter of 2026 was RMB7,917.8 million. Average monthly GMV per teahouse in Greater China was RMB356,080 in the first quarter of 2026, representing a 5.5% increase from RMB337,358 in the fourth quarter of 2025. Chagee had 50.0 million active members in the first quarter of 2026, representing an 11.7% increase from the fourth quarter of 2025. Cash and cash equivalents, restricted cash, and time deposits were RMB7,146.3 million (US$1,036.0 million) as of March 31, 2026, compared to RMB7,892.4 million as of December 31, 2025. More on Chagee Holdings Limited Chagee: Burden Of Proof Is High Chagee Holdings Limited 2025 Q4 - Results - Earnings Call Presentation Chagee: A Divergence In Short-Term And Long-Term Prospects Coatue adds ASML, exits Chagee, boosts NuBank stake, among Q1 trades Chagee jumps after JPMorgan pitches the bull case
What Happened? Shares of cloud security platform Zscaler (NASDAQ:ZS) jumped 4.7% in the afternoon session after Snowflake's impressive earnings results provided clearer evidence that the "SaaSpocalypse" — a rolling selloff that had erased approximately $2 trillion from software market values since late 2025 on fears that AI would make subscription software obsolete — had been overstated for platfo...
What Happened? Shares of cloud security platform Zscaler (NASDAQ:ZS) jumped 4.7% in the afternoon session after Snowflake's impressive earnings results provided clearer evidence that the "SaaSpocalypse" — a rolling selloff that had erased approximately $2 trillion from software market values since late 2025 on fears that AI would make subscription software obsolete — had been overstated for platforms sitting at the centre of AI workflows. Snowflake surged 35%, its best single day ever, after reporting that AI accounts on its platform jumped from 9,100 to 13,600 in a single quarter, product revenue grew 34%, and full-year guidance was raised by $180 million. The read-through was immediate. ServiceNow gained 5%, Palantir rose nearly 6%, Oracle and Microsoft each added roughly 3%, and a broad wave lifted the iShares Expanded Tech-Software Sector ETF (IGV). The SaaSpocalypse thesis rested on a simple fear: that autonomous AI agents would replace per-seat software licences, hollowing out established SaaS business models. Snowflake's results inverted that logic directly. Instead of AI displacing its platform, AI drove more consumption of it. CFO Brian Robins described Cortex Code as creating a "step function change" in AI revenue potential, and said it was the single largest driver of the full-year guidance raise. Enterprises are not replacing data platforms with AI; they are using AI to generate more workloads that run on those same platforms. The shares closed the day at $130.06, up 2.9% from the previous close. Is now the time to buy Zscaler? Access our full analysis report here, it’s free. What Is The Market Telling Us Zscaler’s shares are very volatile and have had 23 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 1 day ago when the stock dropped 31.5% on the news that t...
KNOT Offshore Partners press release ( KNOP ): Q1 net income consequently of $2.6 million in Q1 2026 (net loss of $6.2 million in Q4 2025). When adjusted to remove the impact of the impairment, net income in Q4 2025 was $14.0 million. Revenue of $92.01M (+9.5% Y/Y) misses by $0.4M . Generated Adjusted EBITDA 1 of $56.5 million. Reported available liquidity of $140.7 million at March 31, 2026, whic...
KNOT Offshore Partners press release ( KNOP ): Q1 net income consequently of $2.6 million in Q1 2026 (net loss of $6.2 million in Q4 2025). When adjusted to remove the impact of the impairment, net income in Q4 2025 was $14.0 million. Revenue of $92.01M (+9.5% Y/Y) misses by $0.4M . Generated Adjusted EBITDA 1 of $56.5 million. Reported available liquidity of $140.7 million at March 31, 2026, which was comprised of cash and cash equivalents of $92.7 million and undrawn revolving credit facility capacity of $48.0 million. Fleet operated with 97.2% utilization for scheduled operations in Q1 2026, and 92.0% utilization taking into account the scheduled drydockings of the Tuva Knutsen and the Bodil Knutsen, for which vessels the relevant off-hire periods occurred during Q1 2026. More on KNOT Offshore Partners Knot Offshore Partners LP Common: Focus On The Expected Recovery KNOT Offshore Partners LP Common Units (KNOP) Q4 2025 Earnings Call Transcript KNOT Offshore Partners LP Common Units 2025 Q4 - Results - Earnings Call Presentation KNOT Offshore Partners reports Q4 results SA analyst upgrades/downgrades: NVDA, OKLO, KNOP, WULF
Key Points AGNC Investment tells investors what it is worth each quarter by reporting tangible net book value per share. If the company sells stock for more than its tangible net book value per share, the difference is like free money for shareholders. 10 stocks we like better than AGNC Investment Corp. › AGNC Investment (NASDAQ: AGNC) is a mortgage real estate investment trust (REIT). This is a c...
Key Points AGNC Investment tells investors what it is worth each quarter by reporting tangible net book value per share. If the company sells stock for more than its tangible net book value per share, the difference is like free money for shareholders. 10 stocks we like better than AGNC Investment Corp. › AGNC Investment (NASDAQ: AGNC) is a mortgage real estate investment trust (REIT). This is a complex niche of the broader REIT sector that requires a bit more research to fully understand. All REITs pay out a material portion of their earnings as dividends to avoid corporate-level taxation, which basically forces them to sell shares to fund their growth. But the mREIT model changes the dynamic of stock sales in an important way. What does AGNC Investment do? AGNC Investment owns a portfolio of mortgage securities. It manages that portfolio, generating an income stream that it uses to pay its dividend. The dividend yield is a lofty 13.7% today, which is likely what most investors are focused on when they buy the stock. 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 » In some ways, AGNC is similar to a mutual fund. One important similarity is that, like a mutual fund, AGNC Investment reports the value of its business. For a mutual fund, that number is called the net asset value (NAV), and it is reported daily. AGNC Investment reports its tangible net book value per share, which is roughly similar to an NAV, on a quarterly basis. AGNC's tangible net book value is the per-share value of its mortgage securities portfolio. At the end of the first quarter of 2026, that number stood at $8.38. Investors paying more than that figure for the stock are paying a premium. The share price is more than $10, so that is exactly what is happening right now. This can actually be a good thing for shareholders if AGNC I...
We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing There are growing doubts within China’s space sector that Starship, the world’s most powerful rocket being developed by SpaceX in the Unit...
We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing There are growing doubts within China’s space sector that Starship, the world’s most powerful rocket being developed by SpaceX in the United States, will ever overcome its engineering and financial challenges and deliver for founder and CEO Elon Musk.
Russian drones have strayed across the border of the Nato member country a number of times during the four-year war with Ukraine, but this was the first time citizens from Romania had been hurt. Russia has yet to comment on the incident.
Russian drones have strayed across the border of the Nato member country a number of times during the four-year war with Ukraine, but this was the first time citizens from Romania had been hurt. Russia has yet to comment on the incident.
侵吞寺院近3億、非法收財物近千萬等多項罪成 原少林寺方丈釋永信囚24年 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】原少林寺方丈住持釋永信被控多項控罪罪成，判囚24年，他當庭表明悔罪並不上訴。 案情指釋永信擔任...
侵吞寺院近3億、非法收財物近千萬等多項罪成 原少林寺方丈釋永信囚24年 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】原少林寺方丈住持釋永信被控多項控罪罪成，判囚24年，他當庭表明悔罪並不上訴。 案情指釋永信擔任少林寺住持及基金會會長等職務期間，單獨或夥同他人非法侵佔財物及挪用資金，合共近3億元人民幣，並在承建工程項目及經營活動時，非法收受財物合共約1千萬人民幣，同時為了謀取不正當利益，給予國家工作人員財物共計約人民幣500萬元。河南新鄉市中級人民法院一審判決裁定罪成，判處有期徒刑24年，罰款350萬元人民幣，又指罪行危害後果嚴重，社會影響惡劣，依法應予以嚴懲。
Summary SK Hynix has joined Samsung and Micron in reaching a $1 trillion market cap this week. The AI boom has driven unprecedented demand for memory chips, leading to record profits for South Korean companies. The global AI boom has also triggered a debate on whether enough is being done to share bumper profits with workers. South Korean semiconductor giant SK Hynix became one of the few companie...
Summary SK Hynix has joined Samsung and Micron in reaching a $1 trillion market cap this week. The AI boom has driven unprecedented demand for memory chips, leading to record profits for South Korean companies. The global AI boom has also triggered a debate on whether enough is being done to share bumper profits with workers. South Korean semiconductor giant SK Hynix became one of the few companies in the world with a $1 trillion market cap this week, as a global AI boom continues to propel chip stocks to record levels. The memory chip maker’s rise follows that of its competitors: Samsung Electronics and Micron, a US semiconductor manufacturer which also hit $1 trillion earlier this week. The three companies combined account for nearly all of the world’s production of memory chips. Just a few years ago, memory chips were an older, largely overlooked corner of the wider semiconductor industry. Many tech leaders and investors were focused on the development of advanced processing chips like the ones designed by Nvidia and produced by TSMC, companies which are both also worth more than $1 trillion. But the rush to develop cutting-edge artificial intelligence tools and infrastructure has boosted demand for memory storage as well, leading to a global shortage of the kind of semiconductors that provide it. Both Samsung and SK Hynix, South Korea’s two largest companies, have reported record profits in the first quarter of the year. But a disparity in bonuses compared with SK Hynix led Samsung workers to protest and threaten to strike for 18 days this month, before a deal was reached between the company and the union. Rising inequality The divergence between AI and other parts of the economy in Asia has fueled discontent over widening inequality and who benefits from the AI boom. Workers at SK Hynix could receive as much as $900,000 in bonuses this year, and Samsung employees could receive as much as $400,000 under the new agreement. The AI boom has led to unprecedented val...
India lowered its forecast for this year’s monsoon, a blow to farmers who are already contending with higher input costs due to the Middle East conflict. Cumulative rains during the June-September period are likely to be 90% of the long-term average, M. Ravichandran, secretary at the Ministry of Earth Sciences, said during a news conference on Friday. The prediction carries a 4% margin of error. I...
India lowered its forecast for this year’s monsoon, a blow to farmers who are already contending with higher input costs due to the Middle East conflict. Cumulative rains during the June-September period are likely to be 90% of the long-term average, M. Ravichandran, secretary at the Ministry of Earth Sciences, said during a news conference on Friday. The prediction carries a 4% margin of error. In April, the weather bureau had predicted that rains would be at 92% of normal. The downturn is coming as a likely El Niño weather pattern is expected to reduce rainfall activity. The monsoon first reaches the nation’s southern tip around June 1 before moving northward to cover the entire subcontinent over the next four to six weeks. Hundreds of millions of farmers in India, one of the world’s largest producers of rice, sugar and cotton, depend heavily on the seasonal rains to irrigate their fields. The four-month season delivers the bulk of India’s annual rainfall and is crucial for replenishing groundwater reserves and sustaining agricultural activity. The planting period has just kicked off. Below-average rainfall has previously prompted authorities to curb outbound shipments of some agricultural commodities to safeguard domestic supplies. The government this month banned sugar exports through Sept. 30. Lower-than-normal rains may also force farmers to rely more heavily on diesel-powered irrigation pumps, lifting fuel demand at a time when the Iran war has already affected energy supplies. Crude oil has surged on supply disruptions and tighter flows through the Strait of Hormuz, a key transit route for Middle East exports. Domestic oil companies have already raised retail prices of gasoline and diesel this month.
Key Points Costco hopes that members will turn to its fuel stations for cheap gasoline. The company is also seeking refunds from Trump administration tariffs, but those funds won't directly help Costco's bottom line. 10 stocks we like better than Costco Wholesale › Rising fuel prices and the Iran war may be pushing more shoppers to Costco Wholesale (NASDAQ: COST), which reported better-than-expect...
Key Points Costco hopes that members will turn to its fuel stations for cheap gasoline. The company is also seeking refunds from Trump administration tariffs, but those funds won't directly help Costco's bottom line. 10 stocks we like better than Costco Wholesale › Rising fuel prices and the Iran war may be pushing more shoppers to Costco Wholesale (NASDAQ: COST), which reported better-than-expected revenue and earnings for the fiscal third quarter on May 28. Costco said the company saw "record-breaking" gas volumes near the end of the quarter as fuel prices climbed. The national average for gas is $4.42, up 25 cents per gallon in just a month and up from $3.16 a year ago, according to the American Automobile Association (AAA). 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 » That bodes well for Costco in the long term -- particularly if gas prices remain elevated even after hostilities in the Middle East wane. But does it change the narrative for Costco stock this year? Stretching dollars drives loyalty Discount retailers and warehouse stores are generally good retail bets when people are worried about the economy. And there's plenty to be concerned about right now, when you also factor in higher prices from tariffs, inflation that remains high, and a slowing labor market. Costco uses the power of bulk purchasing and no-frills warehouses to offer lower prices to customers. Costco sells everything from bulk groceries to household goods, electronics, and some apparel. And it also sells gasoline -- which was a hot seller in the quarter as its members look to stretch their dollars. "The high consumer price sensitivity, which fueled these record volumes, also drove many members to use our gas stations for the very first time in the third quarter," CEO Ron Vachris told analysts in the company's earnings...
Hi, this is Andrea in Prague. Welcome to our weekly newsletter on what’s shaping economics and investments from the Baltic Sea to the Balkans. You can subscribe here . Euro or No Euro When Boris Vujcic becomes vice president of the European Central Bank on June 1, his appointment will showcase how his native Croatia is now very much the region’s leader when it comes to clout in the euro region. At...
Hi, this is Andrea in Prague. Welcome to our weekly newsletter on what’s shaping economics and investments from the Baltic Sea to the Balkans. You can subscribe here . Euro or No Euro When Boris Vujcic becomes vice president of the European Central Bank on June 1, his appointment will showcase how his native Croatia is now very much the region’s leader when it comes to clout in the euro region. At home in Zagreb, he will be replaced by Ante Zigman, as my colleague Jasmina Kuzmanovic reported exclusively this week . Zigman, too, is a europhile, while his wife serves as the head of Croatia’s ministry responsible for deploying European Union funds. Neighboring Hungary is also looking to catch up. Prime Minister Peter Magyar’s new administration is preparing a strategy to adopt the common currency, a big departure from predecessor Viktor Orban. Should that happen, Hungary would become the eighth country from the region to get the euro. Bulgaria was the latest, joining on Jan. 1 . But conspicuous by their absence from the growing list are the three biggest economies in the region. Polish Finance Minister Andrzej Domanski said this week there was no political support to join the euro anytime soon , as my colleague Agnieszka Barteczko reported from Warsaw. Keeping the zloty is working as the economy expands more quickly than the euro region and unemployment is lower, he said. Romania, meanwhile, is struggling to navigate its latest political crisis and find ways to rein in its budget deficit, let alone come up with a plan to join the euro. And the Czechs, dyed in the wool euroskeptics when it comes to their currency, won’t be dropping the koruna for years to come. In fact, Prime Minister Andrej Babis’s government is no longer going to prepare an annual report on the country’s readiness to meet the criteria. “We do not want the euro,” he said. “There is no reason for us to talk about it.” Around the Region Croatia: Banks face a potential hit if a ruling by the country’s Sup...
What Happened? A number of stocks jumped in the afternoon session after Snowflake's impressive earnings results provided clearer evidence that the "SaaSpocalypse" — a rolling selloff that had erased approximately $2 trillion from software market values since late 2025 on fears that AI would make subscription software obsolete — had been overstated for platforms sitting at the centre of AI workflow...
What Happened? A number of stocks jumped in the afternoon session after Snowflake's impressive earnings results provided clearer evidence that the "SaaSpocalypse" — a rolling selloff that had erased approximately $2 trillion from software market values since late 2025 on fears that AI would make subscription software obsolete — had been overstated for platforms sitting at the centre of AI workflows. Snowflake surged 35%, its best single day ever, after reporting that AI accounts on its platform jumped from 9,100 to 13,600 in a single quarter, product revenue grew 34%, and full-year guidance was raised by $180 million. The read-through was immediate. ServiceNow gained 5%, Palantir rose nearly 6%, Oracle and Microsoft each added roughly 3%, and a broad wave lifted the iShares Expanded Tech-Software Sector ETF (IGV). The SaaSpocalypse thesis rested on a simple fear: that autonomous AI agents would replace per-seat software licences, hollowing out established SaaS business models. Snowflake's results inverted that logic directly. Instead of AI displacing its platform, AI drove more consumption of it. CFO Brian Robins described Cortex Code as creating a "step function change" in AI revenue potential, and said it was the single largest driver of the full-year guidance raise. Enterprises are not replacing data platforms with AI; they are using AI to generate more workloads that run on those same platforms. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Zooming In On GitLab (GTLB) GitLab’s shares are extremely volatile and have had 37 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 6 days ago when the stock gained 3.8% on the news that Treasury yields cooled and...
asbe/iStock via Getty Images The S&P 500 Technology sector gained more than 17% in April, and with one trading day left in May, it's currently up 12%. The last time the tech sector saw back-to-back 10%+ monthly gains was in March and April 2009, coming out of the financial crisis bear market. Before 2009, the sector only had back-to-back 10%+ monthly gains four other times: Nov/Dec 1998, Nov/Dec 1...
asbe/iStock via Getty Images The S&P 500 Technology sector gained more than 17% in April, and with one trading day left in May, it's currently up 12%. The last time the tech sector saw back-to-back 10%+ monthly gains was in March and April 2009, coming out of the financial crisis bear market. Before 2009, the sector only had back-to-back 10%+ monthly gains four other times: Nov/Dec 1998, Nov/Dec 1999, Oct/Nov 2001, and Oct/Nov 2002. Below is a look at where these huge two-month moves happened on a price chart for the sector going back to 1989: Original Post Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.
While it seems like every retail investor on the planet is going to be fighting over SpaceX shares on initial public offering (IPO) day, I believe this is a classic wait-and-see. Further, aerospace suppliers might be a better way to profit from the SpaceX IPO craze than a direct investment in ...
While it seems like every retail investor on the planet is going to be fighting over SpaceX shares on initial public offering (IPO) day, I believe this is a classic wait-and-see. Further, aerospace suppliers might be a better way to profit from the SpaceX IPO craze than a direct investment in ...
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Applied Materials (AMAT) is back in focus after beating quarterly earnings and revenue expectations and lifting its outlook as AI and data center demand intersects with fresh partnerships around advanced chip packaging and wafer cleaning. See our latest analysis for Applied Mater...
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Applied Materials (AMAT) is back in focus after beating quarterly earnings and revenue expectations and lifting its outlook as AI and data center demand intersects with fresh partnerships around advanced chip packaging and wafer cleaning. See our latest analysis for Applied Materials. Those AI and data center partnerships with Broadcom and SCREEN sit against strong momentum in the stock, with a 30 day share price return of 17.99%, a 1 year total shareholder return of 184.03% and a 5 year total shareholder return of 243.91%. If you are watching how AI equipment suppliers are moving, it can be helpful to see what else is gaining attention across the sector. You can start with 47 AI infrastructure stocks With Applied Materials stock up strongly over multiple timeframes and trading about 13.7% below one analyst price target of US$511.17, the key question is whether there is still a buying opportunity here or if the market is already pricing in future growth. Most Popular Narrative: 131.7% Overvalued According to a widely followed narrative from user Unike, Applied Materials' fair value of $194.11 sits well below the last close at $449.68, framing a wide valuation gap that hinges on long term semiconductor demand. • Transition to 2nm and Beyond: Leading-edge semiconductor nodes (from TSMC, Intel, and Samsung) will require next-gen fabrication tools supplied by AMAT. • AI-Driven Semiconductor Demand: AI models need high-bandwidth memory (HBM) and more advanced logic chips, requiring AMAT’s process technology. Read the complete narrative. Read the complete narrative. Want to see how this narrative gets to its number? It leans on steady revenue compounding, firm margins, and a future earnings multiple that assumes continued equipment demand. The exact mix of growth and profitability forecasts may surprise you. Result: Fair Value of $194.11 (OVERVALUED) Hav...