Intel is trying to regain ground in AI data centers and PCs while investors digest the latest quarterly figures and guidance updates. The chipmaker’s turnaround story remains in focus as competition from Nvidia and AMD intensifies. Intel Corporation is back in the headlines as investors analyze its most recent quarterly earnings, guidance signals and ongoing efforts to win a bigger share of the fa...
Intel is trying to regain ground in AI data centers and PCs while investors digest the latest quarterly figures and guidance updates. The chipmaker’s turnaround story remains in focus as competition from Nvidia and AMD intensifies. Intel Corporation is back in the headlines as investors analyze its most recent quarterly earnings, guidance signals and ongoing efforts to win a bigger share of the fast-growing AI data center market. The company is investing heavily in new process nodes and foundry services while facing intense competitive pressure from Nvidia and AMD, according to its latest filings and earnings commentary published in late April 2025 and subsequent updates reported by major financial media outlets such as Reuters as of 04/26/2025. Recent results showed how Intel’s traditional PC and server CPU businesses are gradually recovering from a cyclical downturn, even as margins remain under pressure due to elevated capital expenditures and pricing dynamics in key segments, based on data shared in the company’s April 2025 earnings release and follow-up commentary reported by Bloomberg as of 04/27/2025. The market reaction highlighted both optimism around Intel’s long-term roadmap and skepticism about the speed of the turnaround. As of: 25.05.2026 By the editorial team – specialized in equity coverage. At a glance Name: Intel Intel Sector/industry: Semiconductors / technology hardware Semiconductors / technology hardware Headquarters/country: Santa Clara, United States Santa Clara, United States Core markets: Global PC, data center, networking and embedded computing Global PC, data center, networking and embedded computing Key revenue drivers: Client computing, data center and AI, networking, foundry services Client computing, data center and AI, networking, foundry services Home exchange/listing venue: Nasdaq (ticker: INTC) Nasdaq (ticker: INTC) Trading currency: US dollar (USD) Intel Corporation: core business model Intel Corporation is one of the world’s lar...
Key Points Fifth Third Bank is the new financial agent for the Direct Express program. Social Security beneficiaries enrolled in the Direct Express program will get new debit cards this summer. If you have a bank account, setting up direct deposit to this account might be easier. The $23,760 Social Security bonus most retirees completely overlook › The Social Security Administration is shaking up ...
Key Points Fifth Third Bank is the new financial agent for the Direct Express program. Social Security beneficiaries enrolled in the Direct Express program will get new debit cards this summer. If you have a bank account, setting up direct deposit to this account might be easier. The $23,760 Social Security bonus most retirees completely overlook › The Social Security Administration is shaking up monthly payments for millions of beneficiaries this summer, thanks to an administrative change that's already taking effect. 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 » Beneficiaries who have their checks directly deposited into their bank accounts won't notice a difference. But the 3.6 million beneficiaries who have opted to have their checks added to Direct Express prepaid debit cards should prepare for a transition. The Direct Express program is getting a new financial agent Until recently, Comerica Bank was the financial agent that administered Direct Express cards for Social Security beneficiaries who had opted not to have their payments directly deposited into a bank account. But the U.S. Department of the Treasury's Bureau of the Fiscal Service recently announced that Fifth Third Bank, a subsidiary of Fifth Third Bancorp, would take over this responsibility. Fifth Third Bank and Comerica Bank merged earlier this year. New Social Security beneficiaries who opt to participate in the Direct Express program will receive a debit card through Fifth Third Bank. Once you've received the card, you can download the Direct Express mobile app to activate it, and then use it anywhere Mastercard debit cards are accepted. Those who already have Direct Express debit cards through Comerica Bank can continue to use these cards for the time being. They'll receive new Fifth Third Bank Direct Express debit cards ov...
Rasi Bhadramani/iStock via Getty Images Dear Investors, AI is certainly changing the investment landscape, and I'm increasingly bullish on its uses in financial research and white collar work more generally. There is a huge amount of interest in anything AI-related and the portfolio has been frustratingly devoid of any notable beneficiaries, and recent purchases have felt more like catching a fall...
Rasi Bhadramani/iStock via Getty Images Dear Investors, AI is certainly changing the investment landscape, and I'm increasingly bullish on its uses in financial research and white collar work more generally. There is a huge amount of interest in anything AI-related and the portfolio has been frustratingly devoid of any notable beneficiaries, and recent purchases have felt more like catching a falling knife with no end in sight. There is so much capital chasing the AI capex boom that it feels like otherwise strong companies are being sold to fund the grand ambitions of the AI supercycle. There is absolutely merit in what AI is doing, fundamentally changing how white collar work gets done. There is however a difference between the impact an innovation has on society and the durability of the earnings that flow to its market participants and suppliers. There is a long list of examples, but I'll just mention a few. The railroad boom of mid 1800's changed the US permanently by connecting the country coast-to-coast and creating a truly national market for goods to be traded within. That did not prevent nearly a century of capital destruction that was only arrested by significant consolidation and government regulation. The automobile in the early 1900's changed the world, creating a consumer economy and allowing consumers further freedom to travel and for supply chains to get even more granular. However, there were hundreds of car companies that eventually went bust or merged together (General Motors ( GM ) being the most prominent consolidator) and car companies today stil struggle to earn adequate returns on capital. The airplane was again revolutionary in the ability to move people and goods much faster than previously possible, but airlines and even airplane manufacturers have struggled to make adequate returns without significant government support over time. Finally, and most recently, the dotcom bust also witnessed significant fiber-optic buildouts, which were used...
Emerging-market stocks and currencies rose as oil prices declined on signs that the US and Iran were nearing a deal that would reopen the Strait of Hormuz. The MSCI Emerging Markets Index rose 1.3%, on track for a third session of gains. A similar gauge for developing-nation currencies gained 0.3% in its fourth daily advance. Global crude benchmark Brent fell as much as 6.2% to $97.10 a barrel. US...
Emerging-market stocks and currencies rose as oil prices declined on signs that the US and Iran were nearing a deal that would reopen the Strait of Hormuz. The MSCI Emerging Markets Index rose 1.3%, on track for a third session of gains. A similar gauge for developing-nation currencies gained 0.3% in its fourth daily advance. Global crude benchmark Brent fell as much as 6.2% to $97.10 a barrel. US Secretary of State Marco Rubio on Monday said he was “ very confident ” that if an agreement were to be reached, it would be a good one, and that a deal is President Donald Trump’s preference. His comments came after senior US officials on Sunday said the two sides were closing in on a deal. Markets remain cautious, with any meaningful price gains across asset classes conditional upon the actual reopening of the Strait of Hormuz, Maybank strategists including Saktiandi Supaat wrote in a note, noting that there have been “plenty of false starts before.” Read more: Asia FX Relief Rally Will Depend on Firm Agreement: Maybank India’s rupee was among the top performers against the dollar on Monday, helped also by comments by the nation’s central bank that the currency may be undervalued . Thailand’s baht was the biggest gainer, rising the most since May 6.
shaunl/E+ via Getty Images Investment Thesis Anyone who’s followed me knows that I am long-term bullish on the shipping industry. With the main reasons being that there is a structural uptrend here for charter rates, which all really stems from a tight supply between ship manufacturing and aging vessels. There are not enough vessels being made to replace and ease the demand for shipping around the...
shaunl/E+ via Getty Images Investment Thesis Anyone who’s followed me knows that I am long-term bullish on the shipping industry. With the main reasons being that there is a structural uptrend here for charter rates, which all really stems from a tight supply between ship manufacturing and aging vessels. There are not enough vessels being made to replace and ease the demand for shipping around the world. For a business like Navios Maritime ( NMM ), which is the topic of today's article, this is great news. Recent Earnings Results (Seeking Alpha) The unit price is already up nearly 100% in 12 months. The company also had a solid beat on their last earnings report, with the top and bottom lines both coming in well above the consensus. Shares rose sharply initially but have since come down to below where they were trading pre-announcement. I think this just goes to show what a great time it might be to load up on units now. It’s still a relatively small shipping business at $2.1 billion. The main attraction now really comes from growth in terms of asset value and revenues/net profits. This is not much of an income play, really, as the FWD yield just sits at 0.32% at the moment. Still, though, when looking at the cash flow statement, it’s clear that the growth right now is both organic and sustainable. Units also trade far below the NAV, which adds a lot of downside protection at these levels. I’m not as bullish on NMM as I might have been and still am on other shipping stocks. But not rating this a Buy when it posts strong figures like this would be a mistake. Fleet Composition and Business Model In total, NMM has 149 vessels in its fleet. This makes it perhaps one of the largest shipping companies I’ve actually covered so far. The others have been Hafnia ( HAFN ) and BW LPG ( BWLP ), perhaps, and one of my newer ones on TORM ( TRMD ) as well. Still, the market cap is much smaller for NMM compared to these others. Market Cap Comparison (Seeking Alpha) NMM sits at the l...
AoZaaStudio/iStock via Getty Images Make “Long-Term” Great Again At a recent investment conference, we made some baseball caps that bashfully shouted on the front: ‘ Make “Long-Term” Great Again ’. This was our brief dalliance with Trumpian ‘merch’ culture, mercifully without the red caps, rallies, or promise of instant results. Its purpose was to be an icebreaker, but at its heart, a statement of...
AoZaaStudio/iStock via Getty Images Make “Long-Term” Great Again At a recent investment conference, we made some baseball caps that bashfully shouted on the front: ‘ Make “Long-Term” Great Again ’. This was our brief dalliance with Trumpian ‘merch’ culture, mercifully without the red caps, rallies, or promise of instant results. Its purpose was to be an icebreaker, but at its heart, a statement of principle. Meanwhile, another attendee at one of the snack tables had a similar idea and wore a cap that said: “Make Volatility Great Again. ” We guessed that he was working for a brokerage firm. We can already feel your scepticism. “Long-term” is one of the oldest cards in the fund manager’s deck, usually pulled from the inside pocket as soon as performance goes awry. Sometimes it’s a philosophy; sometimes it’s just a way to launder underperformance. We hope that by the end of this letter, you will believe that our intention was the former. What Has Been Going On? This was the second negative quarter since 2022 for the SaltLight BCI Worldwide Flexible Fund. Over the last six months, we have been deliberately harvesting profits in parts of the portfolio, particularly in AI infrastructure, and reallocating capital to better expected-value opportunities. As fate would have it, at the same time we have experienced meaningful declines in companies such as Blu Label Unlimited, Sea Ltd ( SE ), and MercadoLibre. We think this sell-off has been an absolute gift, especially with a little cash on hand. In the short term, for these companies, the market has decided that we are either wrong or. . . early. For a time, those two things could look identical. Back in the US, fast capital has flowed into what we would opine are mediocre AI infrastructure businesses, with revenue surges driven by short-term AI bottlenecks. Time will tell if great businesses are born from these shortages, but our job is not to chase every price move. We must distinguish between temporary scarcity and focus o...