The Commodity Futures Trading Commission headquarters in Washington, DC, US, on Friday, Dec. 23, 2022. Ting Shen | Bloomberg | Getty Images As prediction markets' volumes grow at a ruthless pace , their businesses are being challenged by states across the country. The federal government is fighting a multifront battle to stop them and assert their regulatory authority. Sixteen states are involved ...
The Commodity Futures Trading Commission headquarters in Washington, DC, US, on Friday, Dec. 23, 2022. Ting Shen | Bloomberg | Getty Images As prediction markets' volumes grow at a ruthless pace , their businesses are being challenged by states across the country. The federal government is fighting a multifront battle to stop them and assert their regulatory authority. Sixteen states are involved in legal proceedings against prediction market platform companies, while one state has moved to ban them entirely. The Commodity Futures Trading Commission argues it's the only entity that can regulate these platforms, and the agency has sued six states to defend what it describes as its "exclusive jurisdiction" over prediction markets. Minnesota became the latest in the government's crosshairs on Tuesday , when the commission sued it after Gov. Tim Walz signed a law as part of a broader online safety package that would ban prediction markets from operating in the state — a first in the country. Jeff Le Riche, a former chief trial attorney at the CFTC and now a partner at Husch Blackwell, said the aggressive strategy isn't typical of the federal agency. "The suing of states is unusual," he said. "That's definitely a different tactic." CFTC Chair Michael Selig has been clear since his confirmation by the U.S. Senate in December about his views on the agency's oversight of prediction markets. He also is the only member on the commission, for now, which typically is a body of five. "States cannot circumvent the clear directive of Congress," Selig said in an April press release announcing a lawsuit against Wisconsin. "Our message to Wisconsin is the same as to New York, Arizona, and others: if you interfere with the operation of federal law in regulating financial markets, we will sue you." Scrambling partisan divides Michael Selig, President Donald Trump's nominee to lead the Commodity Futures Trading Commission, is sworn in during a Senate Agriculture, Nutrition, and Forestry...
Ethan Miller/Getty Images News Dan Ives, global head of technology research at Wedbush Securities, on Thursday described quantum computing ( QTUM ) as a “derivative play” on the ongoing AI ( AIQ ) revolution, calling it the technology that will “push forward on AI” to the next level. “If it’s innings, we’re maybe in the dugout in warmups getting ready for the first inning,” Ives told CNBC in a wid...
Ethan Miller/Getty Images News Dan Ives, global head of technology research at Wedbush Securities, on Thursday described quantum computing ( QTUM ) as a “derivative play” on the ongoing AI ( AIQ ) revolution, calling it the technology that will “push forward on AI” to the next level. “If it’s innings, we’re maybe in the dugout in warmups getting ready for the first inning,” Ives told CNBC in a wide-ranging interview, indicating the quantum computing industry hasn’t even truly begun its commercial journey. “A lot of the projects that are going on in quantum, they haven’t really hit scale.” Ives particularly highlighted IBM ( IBM ) CEO Arvind Krishna as “way underappreciated by investors” for his ability to anticipate where technology is heading. The Wedbush analyst views IBM’s transformation as a turnaround story with “massive upside.” His remarks come as q uantum computing stocks rallied after a media report that the Trump administration is awarding $2B in grants to nine firms in deals that include government equity stakes. More on Defiance Quantum ETF Defiance Quantum ETF: The Infrastructure Of Tomorrow Despite Its Name, The Defiance Quantum ETF Is NOT A Bona Fide Quantum Computing ETF QTUM: The Oldest Quantum Computing ETF And Its Newest Rival STMicroelectronics surge puts spotlight on ETFs with biggest exposure to the stock Quantum risk to crypto is advancing, Google paper warns
This article first appeared on GuruFocus. Tesla (NASDAQ:TSLA) said its Full Self-Driving Supervised software is now available in China, opening the driver-assistance system to a major auto market. The rollout follows earlier restrictions in China, where regulators have required local data storage and pushed Tesla to change the product's name in past versions. Tesla released its latest FSD version ...
This article first appeared on GuruFocus. Tesla (NASDAQ:TSLA) said its Full Self-Driving Supervised software is now available in China, opening the driver-assistance system to a major auto market. The rollout follows earlier restrictions in China, where regulators have required local data storage and pushed Tesla to change the product's name in past versions. Tesla released its latest FSD version last month and has been expanding access outside the U.S. China is Tesla's second-largest market. The timing comes about a week after President Donald Trump's visit to China, which included CEO Elon Musk in the delegation. Tesla also faces tougher competition from Xiaomi, XPeng, Nio and BYD, all of which are pushing driver-assistance features in the market. Tesla sales in China have softened amid competition, with retail sales down 15% through April, while exports from the Shanghai plant have helped offset some of the pressure. Tesla shares rose 2% in Thursday morning trading. The stock had climbed 3% on Wednesday and was back above its 200-day moving average again.
Pawel Kacperek/iStock via Getty Images I often talk about Canadian financial stocks, especially banks, because they operate in what appears to be an oligopoly. To me, the best financial stocks are Canadian. That said, there are major US players that have proven to be excellent. Let’s dig into them. Financials get a bad reputation in dividend portfolios. Some investors associate the sector with 200...
Pawel Kacperek/iStock via Getty Images I often talk about Canadian financial stocks, especially banks, because they operate in what appears to be an oligopoly. To me, the best financial stocks are Canadian. That said, there are major US players that have proven to be excellent. Let’s dig into them. Financials get a bad reputation in dividend portfolios. Some investors associate the sector with 2008. Others remember the 2023 regional bank failures. Many do not trust companies whose products they cannot describe in one sentence. I get it. But the sector is too important to ignore. Banks set the price of credit. Asset managers absorb pension and 401(k) flows. Stock exchanges and financial data firms power the modern market. Insurance companies underwrite the risks that the rest of the economy runs on. If you skip financials, you are skipping the engine room of capitalism. The trick is to know what you are buying. Below are my picks across four US financial sub-sectors. Each one scores well on the DSR PRO Rating and the Dividend Safety Score, and each one has a real reason to live in a long-term portfolio. How I rank US financial stocks I run every candidate through the same four-step checklist: DSR PRO Rating + Dividend Safety Score: I want both at 3 or higher, from a classic “hold” to solid fundamentals and a reliable dividend. A 5 means top of the class. Dividend Triangle : revenue growth, EPS growth, and dividend growth over five years. All three need to move in the same direction. Dividend history and streak: how long has the company raised the dividend without interruption? In financials, the streak matters more than in most sectors because of how often the cycle bites. Yield vs. 5-year average: if the forward yield sits above the 5-year average, the stock may be undervalued. No screener tricks. Just discipline. Best US Banks JPMorgan Chase ( JPM ): PRO 4 | Safety 4 Investment thesis: JPMorgan is the most dominant bank in the United States, leading in investment b...
Amazon.com Inc (NASDAQ:AMZN)’s newly launched Alexa for Shopping platform could become a major long-term growth driver for its retail business, according to Bank of America analysts, who said the AI-powered shopping assistant may help the company defend its e-commerce dominance against rising...
Amazon.com Inc (NASDAQ:AMZN)’s newly launched Alexa for Shopping platform could become a major long-term growth driver for its retail business, according to Bank of America analysts, who said the AI-powered shopping assistant may help the company defend its e-commerce dominance against rising...
SpaceX is planning to build a massive, 10-gigawatt solar manufacturing facility near Austin as part of Elon Musk ’s ambition to power artificial intelligence data centers in space . The facility in Bastrop, Texas, will include two floors that each would make five gigawatts of solar cells, according to permit filings submitted to Bastrop County and obtained by Bloomberg News. The documents appear t...
SpaceX is planning to build a massive, 10-gigawatt solar manufacturing facility near Austin as part of Elon Musk ’s ambition to power artificial intelligence data centers in space . The facility in Bastrop, Texas, will include two floors that each would make five gigawatts of solar cells, according to permit filings submitted to Bastrop County and obtained by Bloomberg News. The documents appear to be part of SpaceX’s plan to double the size of its existing Bastrop facility this year to make solar cells along with new Starlink products, which the company detailed in its filing for an initial public offering on Wednesday. The Austin Business Journal reported earlier this month that SpaceX appeared to be building the over 1 million-square-foot solar manufacturing facility. Musk said at the World Economic Forum in January that he viewed solar power as a solution to the energy bottleneck constraining the build-out of artificial intelligence infrastructure. He announced an ambitious goal for both Tesla and SpaceX each to build 100 gigawatts per year of solar manufacturing capacity in the US over the next three years, an amount that would dwarf current domestic levels. SpaceX and Tesla didn’t immediately respond to requests for comment. Bloomberg News reported in February that Tesla was scouting multiple sites across the US to start making solar cells. The US has imposed steep tariffs on solar imports from China and Southeast Asian nations after domestic manufacturers filed complaints about unfair trade practices. First Solar Inc. is the nation’s biggest solar maker with an annual domestic production capacity of about 14 gigawatts for its thin-film technology. Overall, the US now has the capacity to make more than 60 gigawatts of solar panels a year, although the bulk of those are assembled with silicon-based cells that are made overseas, according to a report released Thursday by American Clean Power Association , a trade group. There are just three domestic silicon cell...
Getty Images Back in February, I provided an earnings review for Walmart Inc. ( WMT ) after they reported their FY2026 Q4 results. I reiterated my Sell rating, as I found that revenue growth was decelerating while the valuation was extremely elevated. Earlier this morning, the retail giant reported their latest batch of earnings , and as of this writing, the stock is reacting quite negatively. The...
Getty Images Back in February, I provided an earnings review for Walmart Inc. ( WMT ) after they reported their FY2026 Q4 results. I reiterated my Sell rating, as I found that revenue growth was decelerating while the valuation was extremely elevated. Earlier this morning, the retail giant reported their latest batch of earnings , and as of this writing, the stock is reacting quite negatively. The rating history chart shown below hasn't updated yet, but Walmart has, in fact, now experienced mild losses since the publication of my previous article. Today, I will be providing an important update with consumer confidence in the United States being in focus. Seeking Alpha Below, it is shown that Q1 was generally a decent quarter for Walmart. Growth accelerated on the top line, and while margins were a little mixed, the bottom line fared just fine as well. Looking forward, full-year guidance was disappointingly left unchanged. The outlook is mixed at this point even after looking at Q2 expectations specifically. Despite this, the stock's valuation premium seems to have expanded, and so at this point I believe the risk/reward remains unattractive. Seeking Alpha currently shows that Wall Street has a consensus Strong Buy on Walmart stock, but I have decided to reiterate my Sell rating at this juncture. Top-Line Performance Improves Walmart Q1 Presentation When looking at Walmart's FY2027 Q1 top-line results, there are actually some respectable improvements. As you can see above , they generated $177.8 billion worth of revenues, up 7.3% YoY or 5.9% in CC terms. Either way, there was notable growth acceleration from the previous quarter as a sign that business activity has strengthened. We'll, of course, get into the details of their guidance later in this article, but judging by these numbers, the company has been somewhat resilient to consumer weakness headwinds so far. Walmart also bested expectations as they beat by $2.91 billion, and so it seems that analysts are surpri...
By Stephen Nellis SAN FRANCISCO, May 21 (Reuters) - Amkor Technology is working with Advanced Micro Devices on packaging AMD's chips, Amkor said on Thursday. Earlier this week, Amkor said it had secured 67 additional acres of land in Arizona next to a 104-acre parcel where it is developing a new campus where it plans to start production in 2028. Modern data center chips such as those from AMD a...
By Stephen Nellis SAN FRANCISCO, May 21 (Reuters) - Amkor Technology is working with Advanced Micro Devices on packaging AMD's chips, Amkor said on Thursday. Earlier this week, Amkor said it had secured 67 additional acres of land in Arizona next to a 104-acre parcel where it is developing a new campus where it plans to start production in 2028. Modern data center chips such as those from AMD and Nvidia consist of multiple chips packaged together, and those packaging steps have become a key bottleneck in chip production. Amkor once specialized in less-complex chip packaging but is working to move into more advanced versions of the technology, including through a partnership with Taiwan Semiconductor Manufacturing where Amkor will use some of TSMC's technology at a facility in Arizona to offer some of TSMC's older technologies to joint customers. While Amkor has previously disclosed planned work with Nvidia and Apple at the Arizona facility, Amkor CEO Kevin Engel told Reuters that the company is also working with AMD. "We're moving up the value chain," Engel said. "We're more integrated with the customers, and that's really changing the dynamic to where we can extract more value out of our services." At an investor event on Thursday, Amkor said it expects to have between $8.5 billion and $9.5 billion of revenue by 2028 and $11 billion in sales by 2030. The $9 billion midpoint of the 2028 forecast was slightly below analyst estimates of $9.1 billion, according to data from LSEG. Amkor shares declined 2.6% after the forecast. (Reporting by Stephen Nellis in San Francisco; Editing by Mark Porter)
By Stephen Nellis SAN FRANCISCO, May 21 (Reuters) - Amkor Technology is working with Advanced Micro Devices on packaging AMD's chips, Amkor said on Thursday. Earlier this week, Amkor said it had secured 67 additional acres of land in Arizona next to a 104-acre parcel where it is developing a new campus where it plans to start production in 2028. Modern data center chips such as those from AMD a...
By Stephen Nellis SAN FRANCISCO, May 21 (Reuters) - Amkor Technology is working with Advanced Micro Devices on packaging AMD's chips, Amkor said on Thursday. Earlier this week, Amkor said it had secured 67 additional acres of land in Arizona next to a 104-acre parcel where it is developing a new campus where it plans to start production in 2028. Modern data center chips such as those from AMD and Nvidia consist of multiple chips packaged together, and those packaging steps have become a key bottleneck in chip production. Amkor once specialized in less-complex chip packaging but is working to move into more advanced versions of the technology, including through a partnership with Taiwan Semiconductor Manufacturing where Amkor will use some of TSMC's technology at a facility in Arizona to offer some of TSMC's older technologies to joint customers. While Amkor has previously disclosed planned work with Nvidia and Apple at the Arizona facility, Amkor CEO Kevin Engel told Reuters that the company is also working with AMD. "We're moving up the value chain," Engel said. "We're more integrated with the customers, and that's really changing the dynamic to where we can extract more value out of our services." At an investor event on Thursday, Amkor said it expects to have between $8.5 billion and $9.5 billion of revenue by 2028 and $11 billion in sales by 2030. The $9 billion midpoint of the 2028 forecast was slightly below analyst estimates of $9.1 billion, according to data from LSEG. Amkor shares declined 2.6% after the forecast. (Reporting by Stephen Nellis in San Francisco; Editing by Mark Porter)
This article first appeared on GuruFocus. Nebius Group (NASDAQ:NBIS), CoreWeave (NASDAQ:CRWV) and IREN Limited (NASDAQ:IREN) rose on Thursday after Nvidia (NASDAQ:NVDA) said rental prices for H100 GPUs continued climbing, underscoring strong AI demand. AI infrastructure stocks across neocloud peers. Nebius surged 15% after a fuel cell partnership with Bloom Energy (BE), while Applied Digital (APLD...
This article first appeared on GuruFocus. Nebius Group (NASDAQ:NBIS), CoreWeave (NASDAQ:CRWV) and IREN Limited (NASDAQ:IREN) rose on Thursday after Nvidia (NASDAQ:NVDA) said rental prices for H100 GPUs continued climbing, underscoring strong AI demand. AI infrastructure stocks across neocloud peers. Nebius surged 15% after a fuel cell partnership with Bloom Energy (BE), while Applied Digital (APLD) jumped 17% following a long-term lease agreement in AI infrastructure trade AI compute demand trend. Bloom Energy shares also moved higher following the partnership disclosure. Nvidia CFO Colette Kress said H100 rental prices are up 20% year to date and A100 nearly 15%, highlighting ongoing GPU monetization on its earnings call. Nvidia continues scaling Hopper and Blackwell GPU platforms amid capacity constraints growth semiconductor leader. CoreWeave gained about 4% after GF Securities initiated coverage with a Buy rating and $162 target, while D.A. Davidson issued Neutral views on CoreWeave and Nebius Group in premarket trading US-listed. Nebius Group was included in the same broker coverage updates.
(RTTNews) - Workday, Inc. (WDAY) will host a conference call at 4:30 PM ET on May 21, 2026, to discuss Q1 27 earnings results. To access the live webcast, log on to https://investor.workday.com/news-and-events/investor-relations-events/default.aspx The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - Workday, Inc. (WDAY) will host a conference call at 4:30 PM ET on May 21, 2026, to discuss Q1 27 earnings results. To access the live webcast, log on to https://investor.workday.com/news-and-events/investor-relations-events/default.aspx The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - Take-Two Interactive Software Inc (TTWO) will host a conference call at 4:30 PM ET on May 21, 2026, to discuss Q4 26 earnings results. To access the live webcast, log on to https://events.q4inc.com/attendee/689334386 To listen to the call, dial (800) 715-9871 or (646) 307-1963, Conference ID 9711440. The views and opinions expressed herein are the views and opinions of the author and d...
(RTTNews) - Take-Two Interactive Software Inc (TTWO) will host a conference call at 4:30 PM ET on May 21, 2026, to discuss Q4 26 earnings results. To access the live webcast, log on to https://events.q4inc.com/attendee/689334386 To listen to the call, dial (800) 715-9871 or (646) 307-1963, Conference ID 9711440. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Should you choose the legendary stability of Coca-Cola (KO 0.60%) or the explosive growth potential of Celsius (CELH +2.58%) for your portfolio? This comparison examines which beverage giant is better positioned for 2026. Coca-Cola dominates the global market through a massive distribution network and iconic brands, appealing to conservative income seekers. Celsius focuses on functional energy dri...
Should you choose the legendary stability of Coca-Cola (KO 0.60%) or the explosive growth potential of Celsius (CELH +2.58%) for your portfolio? This comparison examines which beverage giant is better positioned for 2026. Coca-Cola dominates the global market through a massive distribution network and iconic brands, appealing to conservative income seekers. Celsius focuses on functional energy drinks and younger demographics, prioritizing rapid market share expansion. While they operate in the same aisles, their financial profiles and growth trajectories suggest very different roles for an investor's long-term strategy. Image source: Getty Images. The case for Coca-Cola Coca-Cola sells a portfolio of over 200 brands, including soft drinks, waters, coffees, and teas, to consumers in more than 200 countries. The business operates through several segments, including North America, EMEA, and Asia Pacific, relying on a complex network of bottling partners to reach local markets. For the year ended Dec. 31, 2025, one specific bottler accounted for roughly 10% of total operating revenues. Customer concentration like this adds a layer of risk to the business, as the company depends on these partners for volume and execution. In FY 2025, revenue reached nearly $47.9 billion, showing a steady rise from approximately $47.1 billion the prior year. Net income for the period was close to $13.1 billion, resulting in a net margin of roughly 27.3%. This level of profitability is a hallmark of major players among beverage stocks worldwide. The growth reflects the company's ability to pass on price increases even as global volume trends fluctuate. As of its December 2025 balance sheet, Coca-Cola reported a debt-to-equity ratio of nearly 1.4x, which measures total debt against the value of shareholder equity. This indicates that the company uses a moderate amount of borrowed capital to finance its global operations. The current ratio stands at approximately 1.5x, which measures the com...
Key Points IBM and the Commerce Department announced Anderon, a quantum computing foundry. IBM and the government will each contribute $1 billion to the effort. The Commerce Department's funding of several other quantum companies signals quantum technology may be ready for prime time. 10 stocks we like better than International Business Machines › Shares of International Business Machines (NYSE: I...
Key Points IBM and the Commerce Department announced Anderon, a quantum computing foundry. IBM and the government will each contribute $1 billion to the effort. The Commerce Department's funding of several other quantum companies signals quantum technology may be ready for prime time. 10 stocks we like better than International Business Machines › Shares of International Business Machines (NYSE: IBM) rallied 11.3% on Thursday, as of 2:35 p.m. EDT. IBM, as a large-cap stock, doesn't tend to move this much without quarterly earnings. But today, "Big Blue" was at the center of big quantum computing news, which also included the very newsworthy Trump administration. 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 » IBM unveils Anderon, the country's first quantum foundry Today, the U.S. Commerce Department announced its intention to fund roughly a dozen U.S. quantum computing companies to accelerate the development of the technology. Among the awardees was IBM, which announced Anderon, what it calls, "America's first pure-play quantum foundry." According to the news release, IBM and the Commerce Department have signed a letter of intent to build Anderon in Albany, N.Y., to which IBM will contribute $1 billion, with an additional $1 billion coming from the Commerce Department via the 2022 CHIPS Act funding. While IBM has its own proprietary quantum computing technology under its corporate umbrella and is thus a competitor in some ways to the other "pure-play" quantum computing stocks being funded today, it appears that IBM will also aim to be the foundry for these competitors, producing their quantum chips in addition to IBM's own. In the announcement, IBM said it would use its 300mm wafer process, along with other advanced manufacturing technologies it has cultivated over many years. CEO Arvind Krishna ...