Foreign Treasury Selling Is Getting Serious Submitted by QTR's Fringe Finance We already knew that the bond market was starting to call bullshit on America’s fiscal and monetary policy. Now we know that foreign governments are dumping U.S. Treasuries, and China is leading the way…even while President Trump pals around with President Xi Jinping. According to CNBC , foreign holdings of U.S. governme...
Foreign Treasury Selling Is Getting Serious Submitted by QTR's Fringe Finance We already knew that the bond market was starting to call bullshit on America’s fiscal and monetary policy. Now we know that foreign governments are dumping U.S. Treasuries, and China is leading the way…even while President Trump pals around with President Xi Jinping. According to CNBC , foreign holdings of U.S. government debt fell sharply in March as central banks sold Treasuries to defend weakening currencies during the geopolitical and energy shock tied to the escalating Middle East conflict. China reduced its Treasury holdings to roughly $652 billion, the lowest level since 2008. Japan, the single largest foreign holder of U.S. debt, also cut exposure aggressively. Overall foreign holdings dropped from approximately $9.49 trillion to $9.25 trillion in a single month. That should deeply concern anyone paying attention to the structural fragility underneath the U.S. financial system. For decades, the global economy has operated on a relatively simple arrangement. The United States issues the world’s reserve currency, foreign governments recycle trade surpluses into U.S. Treasuries, and America finances massive deficits because the rest of the world willingly absorbs its debt. That system only works as long as there is confidence in the dollar, confidence in the Federal Reserve, and confidence that U.S. government debt remains the safest and most liquid place on earth to park capital. When major foreign holders begin reducing exposure during a period of rising inflation, exploding deficits, and growing fiscal instability, it creates a potentially dangerous chain reaction. And the timing for the world to be dumping treasuriers right now could not be worse. Bonds are already under pressure because inflation is proving far stickier than policymakers expected. As I wrote last week , both CPI and PPI came in significantly hotter than anticipated, forcing markets to rapidly reassess the possib...
Graco Inc. ( GGG ) on Thursday said it agreed to acquire Valco Melton, a supplier of adhesive application and quality assurance systems, in a cash transaction valued at about $447 million, including the present value of expected tax benefits. The Minneapolis-based company said the deal values Valco Melton at roughly 14 times its 2025 earnings before interest, taxes, depreciation and amortization. ...
Graco Inc. ( GGG ) on Thursday said it agreed to acquire Valco Melton, a supplier of adhesive application and quality assurance systems, in a cash transaction valued at about $447 million, including the present value of expected tax benefits. The Minneapolis-based company said the deal values Valco Melton at roughly 14 times its 2025 earnings before interest, taxes, depreciation and amortization. The acquisition is expected to close during Graco’s fiscal third quarter, pending customary closing conditions. Valco Melton develops systems used in industrial manufacturing to apply adhesives and inspect production quality, particularly in packaging applications where manufacturers require consistent sealing and inspection processes. The company operates in more than 80 countries, employs about 650 people and generated approximately $145 million in revenue in 2025. Graco ( GGG ) said the acquisition expands its industrial equipment business into adjacent markets tied to precision adhesive dispensing and machine vision-based inspection systems. “This acquisition is a strong strategic fit for Graco and a natural extension of our industrial portfolio,” Chief Executive Mark Sheahan said in a statement. Sheahan said Valco Melton’s adhesive dispensing systems align with Graco’s existing fluid handling operations while adding inspection and quality assurance capabilities. The deal also broadens Graco’s exposure to packaging and industrial automation markets, areas that continue to attract investment from manufacturers seeking to improve production efficiency and reduce defects. For investors, the acquisition signals Graco’s continued push toward higher-value industrial technologies that generate recurring aftermarket revenue alongside original equipment sales. Valco Melton’s installed base of systems may provide Graco with additional long-term service, replacement parts and maintenance opportunities. Valco Melton will become part of Graco’s industrial division after the transact...
Inside Creative House/iStock via Getty Images U.S. exceptionalism may be back, at least tactically, as AI momentum and America’s relative insulation from the global energy shock support continued outperformance, according to TS Lombard. In a note on clients’ top macro questions for Q2, strategist Dario Perkins said he “wouldn’t bet against continued US outperformance in the months ahead,” arguing ...
Inside Creative House/iStock via Getty Images U.S. exceptionalism may be back, at least tactically, as AI momentum and America’s relative insulation from the global energy shock support continued outperformance, according to TS Lombard. In a note on clients’ top macro questions for Q2, strategist Dario Perkins said he “wouldn’t bet against continued US outperformance in the months ahead,” arguing that bull markets run on themes and the AI theme is once again dominating investor attention. That marks a shift from 2025, when concerns about "recklessness" in U.S. policy weighed more heavily on sentiment. The firm said the AI trade ( AIQ ) ( ARTY ) has regained momentum as cloud revenues improve and demand for compute remains strong. Perkins noted that investors have shifted from worrying about AI overinvestment to questioning whether hyperscalers are spending enough. Still, he cautioned that the sustainability of AI capex is far from settled, given the circularity of hyperscaler spending, order backlogs and revenue recognition across the AI ecosystem. A second advantage for the U.S. is energy exposure. The U.S. economy is less vulnerable than Europe and Asia to disruption in global energy markets, which TS Lombard said could become an important advantage over the summer if the Iran crisis is not resolved and physical energy markets deteriorate further. That backdrop has shifted the odds back in favor of U.S. equities ( SPY ) ( QQQ ) ( DIA ). TS Lombard said it previously expected global equities ( URTH ) to at least match U.S. performance, but Middle East uncertainty has made non-U.S. investors less inclined to look through the crisis. The note does not abandon the longer-term case for global equities. Non-U.S. stocks still have valuation advantages, fiscal policy remains supportive and upside could return once the Iran crisis is resolved and the global economy reaccelerates. T.S. Lombard More on Global X Artificial Intelligence & Technology ETF, SPDR S&P 500 ETF Trust...
(RTTNews) - Hamilton Lane (HLNE) said on Thursday its board had approved an increase in its stock repurchase authorization to $100 million of Class A common stock. The asset manager previously had a framework allowing it to buy up to 6 percent of its outstanding Class A shares, capped at $50 million. The program was originally approved in November 2018 and most recently re-approved in December 202...
(RTTNews) - Hamilton Lane (HLNE) said on Thursday its board had approved an increase in its stock repurchase authorization to $100 million of Class A common stock. The asset manager previously had a framework allowing it to buy up to 6 percent of its outstanding Class A shares, capped at $50 million. The program was originally approved in November 2018 and most recently re-approved in December 2024. Hamilton Lane began repurchasing shares under that program on February 20, 2026, having not executed any buybacks before that date, leaving the full authorization available at commencement. The expanded $100 million program is net of amounts already repurchased under the prior authorization and has no share count or duration limitations. In pre market activity on Nasdaq, shares of Hamilton Lane were down 1.89 percent, changing hands at $83.50, after closing Wednesday's regular session 1.19 percent higher. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Gladstone Commercial ( Nasdaq: GOOD ) on Thursday said it acquired a 153,890-square-foot industrial property in Newport News, Virginia, for $22.75 million. The property is fully leased to a subsidiary of Huntington Ingalls Industries under a long-term net lease, the company said. Gladstone Commercial said the acquisition was funded through internally generated cash flow and did not involve additio...
Gladstone Commercial ( Nasdaq: GOOD ) on Thursday said it acquired a 153,890-square-foot industrial property in Newport News, Virginia, for $22.75 million. The property is fully leased to a subsidiary of Huntington Ingalls Industries under a long-term net lease, the company said. Gladstone Commercial said the acquisition was funded through internally generated cash flow and did not involve additional equity issuance. The company added that it retains available cash and borrowing capacity under its credit line to pursue further industrial property acquisitions. Source: Press Release More on Gladstone Commercial Gladstone Commercial Corporation (GOOD) Q1 2026 Earnings Call Transcript Gladstone Commercial Corporation 2026 Q1 - Results - Earnings Call Presentation Gladstone Commercial: Watch The Preferreds As Treasury Yields Spike Gladstone Commercial targets 70% industrial annualized straight-line rent as it pursues accretive acquisitions Gladstone Commercial declares $0.10 dividend
Greedy G 20 minutes ago ~naw, not right now. Earnings 07/29. iHub News 27 minutes ago Microsoft and EY launch $1 billion AI partnership to accelerate enterprise adoption (MSFT)May 21, 2026 8:43 AM IH Market News Microsoft (NASDAQ:MSFT) and EY announced on Thursday a strategic partnership valued at more than US$1 billion aimed at helping corporate clients move artificial intelligence initiatives fr...
Greedy G 20 minutes ago ~naw, not right now. Earnings 07/29. iHub News 27 minutes ago Microsoft and EY launch $1 billion AI partnership to accelerate enterprise adoption (MSFT)May 21, 2026 8:43 AM IH Market News Microsoft (NASDAQ:MSFT) and EY announced on Thursday a strategic partnership valued at more than US$1 billion aimed at helping corporate clients move artificial intelligence initiatives from experimental pilot programmes into large-scale deployment.According to a statement released by the companies, the collaboration will initially focus on AI implementation across finance, tax, human resources and supply chain operations within industries including financial services, industrials, energy, consumer and retail, government and healthcare.“There’s an intensity and urgency right now that we’re all feeling,” said Deb Cupp, Microsoft’s chief revenue officer for its global enterprise sales business.“We want to align ourselves in a way that we can create outcomes more effectively for customers.”EY Global Vice Chair of Consulting Errol Gardner said the alliance is intended to help businesses reach the point where they can “really receive a return on investment” from artificial intelligence projects.The partnership will combine Microsoft’s AI technologies and engineering capabilities with EY’s sector expertise and organisational transformation services.As part of the initiative, Microsoft will assign engineers to work directly alongside EY consultants on agentic AI projects developed for enterprise clients.Microsoft stock price Original: Microsoft and EY launch $1 billion AI partnership to accelerate enterprise adoption (MSFT) Wallstreeter$$$ 38 minutes ago Looking for a sub $400 reentry point. Greedy G 20 hours ago ~bought fifty more 5/29 $500 calls average now .15c down almost 60% mik1234 3 days ago Not bad day $msft Greedy G 6 days ago ~bought ten more 5/29 $500 calls @.23c average still .25c holding fifty contracts total now Greedy G 6 days ago ~sold my 6/18 $600 ...
(RTTNews) - A report released by the Federal Reserve Bank of Philadelphia on Thursday showed regional manufacturing activity unexpectedly weakened in the month of May. The Philly Fed said its diffusion index for current general activity plummeted to a negative 0.4 in May from a positive 26.7 in April, with a negative reading indicating contraction. Economists had expected the index to pull back to...
(RTTNews) - A report released by the Federal Reserve Bank of Philadelphia on Thursday showed regional manufacturing activity unexpectedly weakened in the month of May. The Philly Fed said its diffusion index for current general activity plummeted to a negative 0.4 in May from a positive 26.7 in April, with a negative reading indicating contraction. Economists had expected the index to pull back to a positive 15.0. Meanwhile, the Philly Fed said firms continue to expect overall growth over the next six months, with the diffusion index for future general activity surging to 53.2 in May from 40.8 in April and reaching its highest reading since June 2021 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
This article first appeared on GuruFocus. Anthropic is on track to report its first profitable quarter, generating $10.9 billion in revenue for the second quarter of 2026, more than double the $4.8 billion posted in Q1. The San Francisco-based AI company is expected to post an operating profit of $559 million for the period. The milestone demonstrates that it is possible for AI labs to run their b...
This article first appeared on GuruFocus. Anthropic is on track to report its first profitable quarter, generating $10.9 billion in revenue for the second quarter of 2026, more than double the $4.8 billion posted in Q1. The San Francisco-based AI company is expected to post an operating profit of $559 million for the period. The milestone demonstrates that it is possible for AI labs to run their businesses sustainably. The result comes as Anthropic is on the cusp of closing a $30 billion funding round at a $900 billion valuation. OpenAI, by comparison, has told investors it expects to reach profitability in 2030 after spending more than $600 billion on computing infrastructure. SpaceX's S-1 filing on Wednesday revealed that its AI segment, which includes xAI and Grok, posted an operating loss of $6.4 billion in 2025. Anthropic's compute obligations are expanding rapidly. The company signed a deal to spend $15 billion a year on computing power from SpaceX and has also agreed longer-term deals with Google (NASDAQ:GOOG) and Amazon (NASDAQ:AMZN) that could total hundreds of billions more. Anthropic has been exploring an IPO, having hired law firm Wilson Sonsini to assess a public listing that would rank alongside SpaceX and OpenAI as one of the largest ever. Anthropic declined to comment.
(RTTNews) - Freshpet, Inc. (FRPT) on Thursday said its board has authorized a share repurchase program of up to $150 million, effective immediately. The pet food company said the buybacks may be funded through existing cash, future cash flow from operations, borrowings or other cash sources. "With proceeds from the sale of our equity investment in Ollie, efficiencies from our operations, and posit...
(RTTNews) - Freshpet, Inc. (FRPT) on Thursday said its board has authorized a share repurchase program of up to $150 million, effective immediately. The pet food company said the buybacks may be funded through existing cash, future cash flow from operations, borrowings or other cash sources. "With proceeds from the sale of our equity investment in Ollie, efficiencies from our operations, and positive free cash flow, we have the financial flexibility to invest in new technologies, capabilities, and innovation to extend our leadership position and fuel our growth, while simultaneously returning capital to shareholders when we believe our stock trades below intrinsic value," commented John OConnor, Chief Financial Officer. Freshpet shares were up nearly 2% in pre-market trading after closing at $48.35 on Wednesday. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Argyle Resources (CSE: ARGL; OTCQB: ARLYF; FSE: ME0) on Thursday said it received all required approvals, including from the Canadian Securities Exchange, to proceed with a 5-for-1 consolidation of its issued and outstanding common shares. The company said its shares will begin trading on a post-consolidation basis under the existing ticker symbol ARGL. Argyle said the consolidation is intended to...
Argyle Resources (CSE: ARGL; OTCQB: ARLYF; FSE: ME0) on Thursday said it received all required approvals, including from the Canadian Securities Exchange, to proceed with a 5-for-1 consolidation of its issued and outstanding common shares. The company said its shares will begin trading on a post-consolidation basis under the existing ticker symbol ARGL. Argyle said the consolidation is intended to improve its capital structure and provide greater flexibility for future corporate initiatives and financing opportunities. The company currently has about 56.9 million common shares outstanding and expects to have about 11.4 million shares outstanding following the consolidation, subject to adjustments for fractional shares and 3.7 million common shares reserved for issuance. Source: Press Release More on Argyle Resources Corp. Financial information for Argyle Resources Corp.
BING-JHEN HONG/iStock Editorial via Getty Images Introduction Usually, I’m not covering huge tech earnings straight after the event happens because my colleagues here, on SA, are doing an amazing job covering everything there is to cover hours after the numbers are announced. Today, though, I have an interesting perspective, something I found a few days ago, and I genuinely thought I had to share ...
BING-JHEN HONG/iStock Editorial via Getty Images Introduction Usually, I’m not covering huge tech earnings straight after the event happens because my colleagues here, on SA, are doing an amazing job covering everything there is to cover hours after the numbers are announced. Today, though, I have an interesting perspective, something I found a few days ago, and I genuinely thought I had to share this information about Nvidia ( NVDA ). I suggest we make a short trip down memory lane for Nvidia, get a little nostalgic feeling, return to the projections of a few years ago, and see how wrong our predictions sometimes are. It really puts investing decisions and strategies into perspective, so I recommend it to everyone, investor in Nvidia or not. But first, a few words about the beat and why the market isn’t happy about it. The numbers this quarter are indeed incredible, but it was also very predictable. Heading into earnings, there were 34 upward EPS revisions, with only 1 downgrade, and 36 revenue upward revisions, with 0 downward. I usually break down Nvidia before the earnings and always suggest waiting for after the numbers are out to buy, because the expectations are so high, the market doesn’t know by how much Nvidia should beat for investors to be satisfied. The stock usually rallies a few weeks before, pricing in a better-than-expected quarter prior to earnings, just for the stock price to correct on the day of the news. Estimate Revisions But honestly, I’m not even sure who this analyst is who revised Nvidia down, because by this point, it is statistically unlikely that Nvidia would miss on any of those headline numbers. The last time this company missed on EPS was in Q3 2023, which was 15 quarters ago (NVDA is in Q1 2027 already), and it hasn't missed on revenue in over 16 quarters. Adding to the fact that CapEx spending from hyperscalers had once again exceeded all of the expectations, it is unlikely that Nvidia’s growth would slow down, at least in 2026. In...
Advertisement Why Advanced Micro Devices (AMD) Is On Investors’ Radar Today Advanced Micro Devices (AMD) is back in focus after a recent share price move, with the stock closing at US$447.58. That latest action has investors revisiting the company’s fundamentals and recent return profile. The recent 8.1% 1 day share price return and 62.8% 30 day share price return suggest momentum has been buildin...
Advertisement Why Advanced Micro Devices (AMD) Is On Investors’ Radar Today Advanced Micro Devices (AMD) is back in focus after a recent share price move, with the stock closing at US$447.58. That latest action has investors revisiting the company’s fundamentals and recent return profile. The recent 8.1% 1 day share price return and 62.8% 30 day share price return suggest momentum has been building, while the 1 year total shareholder return of very large magnitude highlights how strongly long term holders have been rewarded. If you are looking beyond AMD for other AI related opportunities, this could be a useful moment to check out After such strong recent gains and a share price of US$447.58 that sits close to analyst targets, the key question now is whether AMD is still undervalued or if markets are already pricing in future growth. Most Popular Narrative: 50% Undervalued According to the most followed narrative, AMD's fair value of $450 is slightly above the last close at $447.58, which keeps the focus on how durable its AI driven thesis really is. AMD has evolved into a formidable player in AI and enterprise compute, propelled by leadership in CPUs (EPYC) and a growing presence in GPUs (Instinct MI series). With solid revenue and earnings growth, strong analyst upgrades, and a valuation that still looks reasonable compared to peers, AMD offers a balanced play on AI infrastructure growth. Curious what underpins that fair value? The narrative leans on rapid earnings expansion, AI data center traction, and margin assumptions that are anything but conservative. Result: Fair Value of $450 (ABOUT RIGHT) However, this hinges on AMD keeping pace with Nvidia in AI GPUs and managing export controls that could pressure margins or slow adoption of key products. Another Take: High Multiple Signals Valuation Risk The narrative pegs AMD around fair value at $450, but the current P/E of 148x tells a very different story. That is more than double the US Semiconductor industry at...