In Brief SpaceX may have stolen the show with its IPO prospectus, but Elon Musk’s aerospace-AI-data center company wasn’t the only notable business to file to go public this week. On Thursday, Finnish smart ring company Oura said that it had confidentially submitted a Form S-1 to the U.S. Securities and Exchange Commission in preparation for an IPO. Founded in 2015, Oura has emerged as one of the ...
In Brief SpaceX may have stolen the show with its IPO prospectus, but Elon Musk’s aerospace-AI-data center company wasn’t the only notable business to file to go public this week. On Thursday, Finnish smart ring company Oura said that it had confidentially submitted a Form S-1 to the U.S. Securities and Exchange Commission in preparation for an IPO. Founded in 2015, Oura has emerged as one of the most popular wearable health trackers, setting itself apart from Fitbit, Garmin and Apple’s watch-like products with a sleek, unobtrusive ring. The Oura ring tracks activity, sleep, and daily “readiness,” among other health metrics, and today has customers around the world. At the time of its Series E last September, Oura said it had sold 5.5 million rings to date, a steep jump from the 2.5 million figure it had reported the prior year. That Series E saw Oura raising $875 million at a valuation of $11 billion, more than double the $5 billion price tag it had earned in a prior round in 2024. The company recently introduced a proprietary AI model geared toward women’s health in an effort to cater to its growing base of women customers.
SpaceX may have stolen the show with its IPO prospectus, but Elon Musk’s aerospace-AI-data center company wasn’t the only notable business to file to go public this week. On Thursday, Finnish smart ring company Oura said that it had confidentially submitted a Form S-1 to the U.S. Securities and Exchange Commission in preparation for an IPO. Founded in 2015, Oura has emerged as one of the most popu...
SpaceX may have stolen the show with its IPO prospectus, but Elon Musk’s aerospace-AI-data center company wasn’t the only notable business to file to go public this week. On Thursday, Finnish smart ring company Oura said that it had confidentially submitted a Form S-1 to the U.S. Securities and Exchange Commission in preparation for an IPO. Founded in 2015, Oura has emerged as one of the most popular wearable health trackers, setting itself apart from Fitbit, Garmin and Apple’s watch-like products with a sleek, unobtrusive ring. The Oura ring tracks activity, sleep, and daily “readiness,” among other health metrics, and today has customers around the world. At the time of its Series E last September, Oura said it had sold 5.5 million rings to date, a steep jump from the 2.5 million figure it had reported the prior year. That Series E saw Oura raising $875 million at a valuation of $11 billion, more than double the $5 billion price tag it had earned in a prior round in 2024. The company recently introduced a proprietary AI model geared toward women’s health in an effort to cater to its growing base of women customers.
is a news writer covering all things consumer tech. Stevie started out at Laptop Mag writing news and reviews on hardware, gaming, and AI. Posts from this author will be added to your daily email digest and your homepage feed. The National Highway Traffic Safety Administration (NHTSA) has issued a recall for 14,575 Model Y vehicles over an issue that Tesla can’t fix with its usual software update:...
is a news writer covering all things consumer tech. Stevie started out at Laptop Mag writing news and reviews on hardware, gaming, and AI. Posts from this author will be added to your daily email digest and your homepage feed. The National Highway Traffic Safety Administration (NHTSA) has issued a recall for 14,575 Model Y vehicles over an issue that Tesla can’t fix with its usual software update: a missing label. According to the recall report, Model Ys made between November 17th, 2024 and April 21st, 2026 could be missing a weight certification sticker due to a mishap with an “automated vision-scanning tool” in Tesla’s Fremont, California factory. As Electrek reports, the sticker in question usually goes on the inside of the driver’s side door and shows the vehicle’s maximum safe loaded weight, along with tire info and the manufacture date. Many drivers might not notice these stickers, but they’re important to reference when packing your vehicle since going over the max loaded weight can cause safety risks (they’re also handy for checking your tire pressure). Tesla estimates that only 45 percent of the recalled Model Y vehicles are actually missing the sticker. The recall report also notes that Tesla has fixed the automated scanning tool that caused the issue and its production teams have begun manually checking that vehicles have the sticker in the factory. Unlike most Tesla recalls that are simply fixed remotely, drivers will need to physically bring their Model Ys in for an inspection to check for the sticker and add one if needed. At least this recall doesn’t come with a risk of the wheels falling off.
Key Points Vanguard Dividend Appreciation ETF offers a lower expense ratio of 0.04% compared to 0.15% for Fidelity High Dividend ETF. Fidelity High Dividend ETF provides a higher trailing-12-month dividend yield of 2.8% while Vanguard Dividend Appreciation ETF sits at 1.5% Vanguard Dividend Appreciation ETF holds a significantly larger asset base with $124.7 billion in assets under management comp...
Key Points Vanguard Dividend Appreciation ETF offers a lower expense ratio of 0.04% compared to 0.15% for Fidelity High Dividend ETF. Fidelity High Dividend ETF provides a higher trailing-12-month dividend yield of 2.8% while Vanguard Dividend Appreciation ETF sits at 1.5% Vanguard Dividend Appreciation ETF holds a significantly larger asset base with $124.7 billion in assets under management compared to $9.2 billion for Fidelity High Dividend ETF. 10 stocks we like better than Vanguard Dividend Appreciation ETF › Many dividend-focused exchange-traded funds take one of two divergent paths: prioritizing current income or focusing on long-term growth potential. This comparison examines how Vanguard Dividend Appreciation ETF (NYSEMKT:VIG) and Fidelity High Dividend ETF (NYSEMKT:FDVV) approach these goals, offering distinct choices for investors weighing high immediate payouts against established dividend reliability, lower volatility, and institutional-scale cost efficiency. Snapshot (cost & size) Metric FDVV VIG Issuer Fidelity Vanguard Expense ratio 0.15% 0.04% 1-yr return (as of 5/18/26) 20.7% 17.7% Dividend yield 2.8% 1.5% Beta 0.81 0.79 AUM $9.2 billion $124.7 billion The Vanguard fund remains one of the most cost-effective options in the category with its 0.04% expense ratio, which can significantly impact total returns over long holding periods. In contrast, the Fidelity fund charges 0.15% but compensates income-oriented investors with a substantially higher trailing-12-month distribution, maintaining a yield gap of 1.29% over the Vanguard offering. Performance & risk comparison Metric FDVV VIG Max drawdown (5 yr) (20.2%) (20.4%) Growth of $1,000 over 5 years (total return) $1,876 $1,649 What's inside The Vanguard Dividend Appreciation ETF owns companies that have increased dividends for at least 10 consecutive years. Its portfolio includes 332 holdings, emphasizing resilience over high yield. Its largest positions include Broadcom at 5.2%, Apple at 4.07%, and M...
Eoneren Leading indicator index rose 0.1% M/M to 97.4 in April, vs. -0.3% consensus and -0.6% recorded in March, according to data released by The Conference Board on Friday. Overall, the index fell 0.7% over the six months between October 2025 and April 2026, a less severe rate of decline than its 1.0% contraction over the previous six months. The increase was "driven mainly by a rebound in stock...
Eoneren Leading indicator index rose 0.1% M/M to 97.4 in April, vs. -0.3% consensus and -0.6% recorded in March, according to data released by The Conference Board on Friday. Overall, the index fell 0.7% over the six months between October 2025 and April 2026, a less severe rate of decline than its 1.0% contraction over the previous six months. The increase was "driven mainly by a rebound in stock prices and an increase in building permits, only for two and more units," said Justyna Zabinska-La Monica, senior manager, business cycle indicators, at The Conference Board. "The leading index rose in two of the past three months, but the gains did not offset the steep fall registered in March," noted Monica. "Strong investment in AI infrastructure, data centers, and energy production likely will have a positive impact on growth and sustain business spending, but may only partially offset weakness on the consumer side. Higher gasoline and energy costs—paired with weak hiring—will likely erode household purchasing power in the months ahead, particularly for lower- and middle-income consumers," said Monica. The Conference Board modestly revised up its 2026 U.S. GDP growth projection to 1.7% from 1.6%. Coincident Economic Index: + 0.3% to 115.6 vs. 115.2 in March. Lagging Economic Index: + 0.4% to 120.8 vs. 120.4 prior. More on U.S. Economy Mortgage rates fluctuate in narrow range Kansas City Fed Manufacturing Index down M/M in May U.S. PMI Composite unchanged M/M in May flash reading
The May Consumer Sentiment Index was revised down to 44.8 from the initial 48.2 reading, marking a deepening decline from April's 49.8 print, according to final data released by the University of Michigan Survey of Consumers on Friday. " Consumer sentiment fell for the third straight month as supply disruptions in the Strait of Hormuz continue to boost gasoline prices. Sentiment is now just below ...
The May Consumer Sentiment Index was revised down to 44.8 from the initial 48.2 reading, marking a deepening decline from April's 49.8 print, according to final data released by the University of Michigan Survey of Consumers on Friday. " Consumer sentiment fell for the third straight month as supply disruptions in the Strait of Hormuz continue to boost gasoline prices. Sentiment is now just below the previous historical trough seen in June 2022," said Joanne Hsu, Director of the Surveys of Consumers. According to Hsu, year-ahead inflation expectations inched up from 4.7% last month to 4.8% this month. The current reading substantially exceeds the 3.4% reading seen in February 2026 prior to the start of the Iran conflict, along with all 2024 readings. Meanwhile, long-run inflation expectations climbed from 3.5% in April to 3.9% in May, moving notably higher than the 2.8% to 3.2% range observed throughout 2024. Key Component Breakdown: Current economic conditions: 45.8 vs. 47.8 in advance report and 52.5 in April. Consumer expectations: 44.1 vs. the first reading of 48.5 and 48.1 in the prior month. More on U.S. Markets Rising Interest Rates: Why The Narrative Fails Against The Data A Turning Point: Sovereign Bond Yields Soaring Treasury Yields Take The Wheel Fed minutes seen as most hawkish in nearly three years Over half in BofA survey see Fed hike conditions met or near
Founder and CIO of Safkhet Capital, Fahmi Quadir, earned the nickname "the Assassin" by short-selling Wirecard AG and Valeant. On this episode of the Odd Lots podcast, Quadir tells Joe Weisenthal and Tracy Alloway about her role in the current "golden age of fraud" and why, for the first time ever, she is going long with a focus on Korea that has nothing to do with the AI boom. (Source: Bloomberg)
Founder and CIO of Safkhet Capital, Fahmi Quadir, earned the nickname "the Assassin" by short-selling Wirecard AG and Valeant. On this episode of the Odd Lots podcast, Quadir tells Joe Weisenthal and Tracy Alloway about her role in the current "golden age of fraud" and why, for the first time ever, she is going long with a focus on Korea that has nothing to do with the AI boom. (Source: Bloomberg)
Getty Images Back in early 2024 I wrote a buy piece on Parker-Hannifin ( PH ), arguing that the aerospace aftermarket flywheel was underappreciated, and that the valuation at the time while elevated relative to history, was still justifiable given the quality of what management was building. Since then, the stock has appreciated roughly 35%. The latest Q3 results largely confirmed that this is sti...
Getty Images Back in early 2024 I wrote a buy piece on Parker-Hannifin ( PH ), arguing that the aerospace aftermarket flywheel was underappreciated, and that the valuation at the time while elevated relative to history, was still justifiable given the quality of what management was building. Since then, the stock has appreciated roughly 35%. The latest Q3 results largely confirmed that this is still a high-quality business, particularly in the Aerospace business where a record backlog and order growth give investors a good line of sight into forward profitability. A look at Q3 FY26 results Q3 '26 was a strong quarter for Parker-Hannifin. On the top line, revenues of $5.49 billion climbed 11% or 6.5% organically, beating the consensus estimate by about $87 million . The Aerospace Systems segment did most of the heavy lifting with 14.2% organic growth while Diversified Industrial added 8.6% organically. On profitability, the company experienced margin expansion of 40bps to 26.7% which was driven primarily by the Aerospace segment. Here, a structurally higher mix of aftermarket revenues that carry better margins than OEM production revenues helped operating leverage on the higher revenue base to push segment margins to a record 29.5%. As a result, EPS of $8.17 beat sellside expectations by 4.2% ($7.84 estimate). The strong free cash flow allowed the company to buy back $275 million of stock in Q3 and $825 million year-to-date. Seeking Alpha Company Filings By segment, the Aerospace Systems business is the standout, as has been the case for the past several years. Aerospace revenue of $1.814 billion grew 15.5% or 14.2% organically. Segment margins hit 29.5%, expanding 80bps year over year. For the backlog, the business' book grew 15% to $8.4 billion with order growth of 14% and double-digit growth across both commercial OEM and aftermarket. On the conference call that followed the quarter, CEO Jenny Parmentier said that this is not cyclical revenue chasing new aircraft ...
Amazon.com (AMZN) stock is at an interesting point right now. It has strong momentum, and if you bet on it, you are betting on a company with a strong margin, good cash flow, low-debt capital structure, and good tailwinds. But is that enough? Why Bet On AMZN Now? The investment thesis centers on the structural re-acceleration of Amazon’s primary profit engine, AWS, driven by a multi-year AI infras...
Amazon.com (AMZN) stock is at an interesting point right now. It has strong momentum, and if you bet on it, you are betting on a company with a strong margin, good cash flow, low-debt capital structure, and good tailwinds. But is that enough? Why Bet On AMZN Now? The investment thesis centers on the structural re-acceleration of Amazon’s primary profit engine, AWS, driven by a multi-year AI infrastructure build-out. As AWS (+28% YoY) and Advertising (+24% YoY) significantly outgrow the lower-margin retail business, the resulting mix-shift will drive substantial, durable operating margin expansion and long-term free cash flow growth, a dynamic currently obscured by a near-term investment cycle. AWS revenue growth accelerated to 28% YoY in Q1 2026, the fastest rate in 15 quarters. Record AWS backlog of $364 billion, up 90% year-over-year, providing high visibility into future revenue. AWS now represents over 60% of total company operating profit, despite being less than 20% of total revenue. GenAI has already become a multi-billion dollar business for AWS, signaling strong early adoption and monetization. Before making any decision, it helps to understand if the above factors align with what has been driving AMZN stock so far, or has the market view changed? How Do The Fundamentals Look? Long-Term Profitability : About 18.1% operating cash flow margin and 10.2% operating margin last 3-year average. : About 18.1% operating cash flow margin and 10.2% operating margin last 3-year average. Strong Momentum : Currently in the top 10th percentile of stocks in terms of “trend strength” – our proprietary momentum metric. : Currently in the top 10th percentile of stocks in terms of “trend strength” – our proprietary momentum metric. Revenue Growth: Amazon.com saw revenue growth of 14.2% LTM and 12.3% last 3-year average, but this is not a growth story Below is a quick comparison of AMZN fundamentals with S&P medians. AMZN S&P Median Sector Consumer Discretionary – Industry Broa...
The average UK adult spends around 7.5 hours a day on a screen, whether that’s a phone, laptop, games console or TV. That figure may even be conservative, particularly for those whose jobs require them to be online. As concern around screen time mounts, the instinctive response has been to demonise it. The reality, however, is more nuanced. As the Guardian’s video games editor and author of Super ...
The average UK adult spends around 7.5 hours a day on a screen, whether that’s a phone, laptop, games console or TV. That figure may even be conservative, particularly for those whose jobs require them to be online. As concern around screen time mounts, the instinctive response has been to demonise it. The reality, however, is more nuanced. As the Guardian’s video games editor and author of Super Nintendo: How One Japanese Company Helped the World Have Fun, Keza MacDonald, recently put it: “Not all screen time is created equal.” Spending an hour learning a language on Duolingo is not the same as flicking through dozens of short-form videos on TikTok. Video-calling a friend is not equivalent to trolling someone on Facebook. The difference lies in how consciously we engage. “It’s very easy to pick up your phone and spend 40 minutes bouncing between apps and doing nothing in particular,” says MacDonald. “You’re not looking for an experience; you’re just filling time.” If you feel like a victim of the algorithm, chances are you’re doing too much of the latter. For many critics, screen time represents an “evolutionary mismatch”. Our brains simply weren’t built for the digital environments we now inhabit. But as PhD student of cognition and brain science at the University of Cambridge Tanay Katiyar points out, much of modern life falls into that description: “Technology can solve problems, but it also introduces new ones.” In other words, screens aren’t inherently harmful – but how we use them matters. Netta Weinstein, a psychology professor at the University of Reading, draws a distinction between harmonious and compulsive use. If you feel in control and make the choice to watch, play or connect, that can support wellbeing. Conversely, if you feel unable to stop, or use screens to avoid other parts of life, the effect is often the opposite. Here are some simple ways to improve your digital diet. Swap passive scrolling for active play Gaming is often lumped in with “bad” ...