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” ...
Clinical trials of immunotherapies have rocketed in the past decade as researchers have turned their understanding of the body’s defences into powerful new treatments. Leading the pack are cancer therapies, but researchers have other conditions in their sights, from infections and allergies to brain diseases and autoimmune disorders. Here, we explore how these therapies work. What is immunotherapy...
Clinical trials of immunotherapies have rocketed in the past decade as researchers have turned their understanding of the body’s defences into powerful new treatments. Leading the pack are cancer therapies, but researchers have other conditions in their sights, from infections and allergies to brain diseases and autoimmune disorders. Here, we explore how these therapies work. What is immunotherapy? Immunotherapies are biological treatments that harness the immune system to prevent, control and fight diseases and other conditions. The most familiar are vaccines, which train the immune system to recognise targets such as invading pathogens. Other immunotherapies boost immune responses when they are too weak, or dampen them down when they are out of control. Still others draw on engineered immune cells or lab-made antibodies to disrupt disease processes. When were they invented? Efforts to prevent disease by boosting the immune system date back thousands of years, but advanced therapies for a wide range of illnesses have come to the fore in the past two decades. A global registry of clinical trials listed 1,257 trials of immunotherapies between 2006 and 2016. The figure leapt to 4,591 in the past decade. “It’s really exciting. People are starting to realise just how important the immune system is,” says Adrian Liston, an immunologist and professor of pathology at the University of Cambridge. “This is the era of immunology.” How do cancer immunotherapies work? Cancer patients have seen great benefits from immunotherapies and dozens are now approved for more than 30 types of cancer. Some tumours evade the body’s defences by switching off immune cells, but antibody-based drugs – called checkpoint inhibitors – reactivate them so they can recognise and attack the malignancies. Highly mutated or “hot” cancers such as melanoma can respond particularly well, but not in all patients. Why some patients do well and others barely respond is a significant puzzle researchers hope to...
is a reporter focusing on film, TV, and pop culture. Before The Verge, he wrote about comic books, labor, race, and more at io9 and Gizmodo for almost five years. Before Boots Riley became the writer / director / musician behind Sorry to Bother You and I’m a Virgo, he was a young community organizer fighting for social justice as part of the Progressive Labor Party. Riley has channeled his anti-es...
is a reporter focusing on film, TV, and pop culture. Before The Verge, he wrote about comic books, labor, race, and more at io9 and Gizmodo for almost five years. Before Boots Riley became the writer / director / musician behind Sorry to Bother You and I’m a Virgo, he was a young community organizer fighting for social justice as part of the Progressive Labor Party. Riley has channeled his anti-establishment, pro-worker politics into every piece of art that he’s made. But his belief that our society is long overdue for a revolution is most clearly articulated in his latest feature, I Love Boosters. You can hear elements of I Love Boosters’ anti-capitalist message sprinkled throughout “I Love Boosters!” — a 2006 song Riley wrote and produced for his hip-hop group, The Coup. The movie also looks and feels like it could be set in the same worlds as Riley’s previous visual projects, but when I spoke with him recently, he explained that he isn’t trying to build a shared universe. Though “each of these stories is guided by the same rules,” Riley wanted to set I Love Boosters apart by making it a comedy that explores the nuances of class struggle. “There have probably been 10,000 or more workplace comedies or just workplace movies where the manager is an asshole or somebody is doing something wrong,” Riley told me. “But few of them really center class struggle the way you see in Matewan, Norma Rae, and The Apartment. The script writers might not have been involved in class struggle, but it was happening in the world around them, and it takes a huge effort to edit that reality out.” Set in a fantastical spin on the San Francisco Bay Area where skyscrapers lean at impossible angles and smooth-talking demons prowl the streets, I Love Boosters tells the story of a group of women who see shoplifting from luxury fashion retailers as a form of community service. If the monochromatic couture created by Christie Smith (Demi Moore) were more affordable, Corvette (Keke Palmer), Sade ...
NEW YORK, NY, May 22, 2026 (GLOBE NEWSWIRE) -- AriseAlpha, a pioneering developer of automated financial technology solutions, today announced the official launch of its highly anticipated AI-driven cryptocurrency quantitative trading platform. Designed to eliminate the execution bottlenecks and emotional biases that frequently hinder retail and passive investors, the platform leverages sophistica...
NEW YORK, NY, May 22, 2026 (GLOBE NEWSWIRE) -- AriseAlpha, a pioneering developer of automated financial technology solutions, today announced the official launch of its highly anticipated AI-driven cryptocurrency quantitative trading platform. Designed to eliminate the execution bottlenecks and emotional biases that frequently hinder retail and passive investors, the platform leverages sophisticated machine learning models to provide accessible, systematic investment strategies across major digital asset classes. As digital macroeconomics evolve rapidly in 2026, the launch positions AriseAlpha at the forefront of automated wealth management by transforming complex high-frequency algorithms into user-friendly, structured financial products. Real-Time Market Data Analysis: The 2026 Liquidity Landscape The digital asset ecosystem in 2026 is defined by unprecedented trading volumes, institutional capital integrations, and heightened algorithmic speed. With major crypto assets establishing rigid new valuation corridors—exemplified by Bitcoin hovering at $77,988.00 and Ethereum trading firmly at $2,148.07—the window of opportunity to capitalize on intraday price discrepancies, liquidity gaps, and micro-trends has shrunk to milliseconds. Manual execution simply cannot keep pace with modern market infrastructure. Retail investors navigating these waters on their own are routinely penalized by slippage and delayed execution queues. AriseAlpha directly addresses this structural disadvantage by tracking over 10,000 distinct market signals every single day. The bot continuously processes real-time order book imbalances, global price spreads, and volume momentum indicators across premier crypto pairs including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and high-volume digital assets like Dogecoin (DOGE). This continuous data absorption allows the AI layer to calculate probability vectors instantly, executing orders with precision timing to secure stable pricing and reduce sli...