London is to host a star-studded all-female Athlos athletics meeting on 18 September as founder Alexis Ohanian builds towards his dream of it becoming “F1 for track and field”. Ohanian, who is married to tennis legend Serena Williams, has added a London date prior to the meeting in New York, which is in its third year and takes place a fortnight later. The London event will take place at StoneX St...
London is to host a star-studded all-female Athlos athletics meeting on 18 September as founder Alexis Ohanian builds towards his dream of it becoming “F1 for track and field”. Ohanian, who is married to tennis legend Serena Williams, has added a London date prior to the meeting in New York, which is in its third year and takes place a fortnight later. The London event will take place at StoneX Stadium, the 10,500-capacity ground used by Saracens rugby union side in Barnet. It is also the home stadium of Shaftesbury Barnet Harriers, whose athletes over the years have included Olympians Dave Bedford, Daryll Neita, Zharnel Hughes, Ashia Hansen, Natasha Danvers and Yamilé Aldama. Athlos is owned entirely by Ohanian’s venture capital firm Seven Seven Six, which has assets of $900m (£670m) – but competing athletes will receive equity in the league if the competition succeeds. The athletes on board, who include the 2023 100m world champion and 2024 Olympic silver medallist Sha’Carri Richardson and Paris Games 200m winner Gabby Thomas, will compete for a prize pot of $2.1m (£1.5m). Athletes can earn up to $65,000 in each individual event, while overall champions will receive an additional $25,000, meaning an athlete winning in both cities could pocket $155,000. “I’ve long been very obsessed with this ‘F1 for track and field’ analogy,” Ohanian told the BBC. “We come to expect the fastest cars in the world to tour the greatest global cities, and for people to come out and watch and celebrate this excellence. View image in fullscreen Paris Olympic 200m gold medallist Gabby Thomas is also attached to Athlos meetings. Photograph: Tom Jenkins/The Guardian “I envision Athlos to be a version of that and, as we grow this league, I’d love to add more cities and make Athlos truly global. “We know we’re entering into something really ambitious. Ultimately we want to build a league around athletics, which historically has not had commercial success. This is a big moment for us.” Unlike...
Luis Alvarez/DigitalVision via Getty Images Veeva Systems ( VEEV ) reports Q1 FY27 earnings on June 3rd and I think the setup going into the print is attractive. For those who might be unfamiliar with their business, Veeva is a software business pharmaceutical companies are about as eager to replace as they are to voluntarily invite the FDA in for an extra audit or round of trials. Despite deliver...
Luis Alvarez/DigitalVision via Getty Images Veeva Systems ( VEEV ) reports Q1 FY27 earnings on June 3rd and I think the setup going into the print is attractive. For those who might be unfamiliar with their business, Veeva is a software business pharmaceutical companies are about as eager to replace as they are to voluntarily invite the FDA in for an extra audit or round of trials. Despite delivering another strong quarter with double-digit growth, expanding margins, and a massive cash pile, the stock has been dragged down alongside the broader software sector as investors worry about AI disruption and competition from Salesforce. I think the market is missing an important distinction. While AI may reshape parts of Veeva’s commercial CRM business, its core Development Cloud platform is deeply embedded in regulated clinical and compliance workflows where switching systems is somewhere between “painful” and “career-limiting”. In this article, I'll walk through the latest quarter , why I think the AI fears are overblown, and why I believe the valuation disconnect looks to be an opportunity. Veeva's Q4'26 and FY'26 in review Veeva closed out the year with revenue growth of 16% compared to Q4 last year with sales clocking $836 million , which came in above the consensus estimate by $25 million. On the profitability side, operating income came in at a 44% operating margin with EPS of $2.06 beat analyst expectations of $1.93. Seeking Alpha Company Filings One of the things that I think is underappreciated about Veeva is that the quality of revenue is high. Subscription revenue which is the recurring, predictable component represents over 84% of total revenue. Moreover, it's also growing normalized billings grew 18% year over year in Q4. With that figure slightly ahead of the revenue growth rate, it suggests the forward pipeline is healthy. Company Filings On capital allocation, Veeva announced a $2 billion share repurchase authorization in conjunction with the Q4 print. Fo...
Freshpet ( FRPT ) board has authorized the company to repurchase up to $150M of its common stock. The share repurchase authorization is effective immediately. The company intends to fund the repurchases with existing cash, future cash flow from operations, future borrowings, or other sources of cash at the company’s discretion. FRPT shares +3.6% premarket to $50.10. More on Freshpet Freshpet Is Ge...
Freshpet ( FRPT ) board has authorized the company to repurchase up to $150M of its common stock. The share repurchase authorization is effective immediately. The company intends to fund the repurchases with existing cash, future cash flow from operations, future borrowings, or other sources of cash at the company’s discretion. FRPT shares +3.6% premarket to $50.10. More on Freshpet Freshpet Is Getting A Little Tastier As It Drops Freshpet: Strong In The Face Of Competition Freshpet, Inc. 2026 Q1 - Results - Earnings Call Presentation Freshpet projects 2026 net sales growth of 8%–11% while reiterating $205M–$215M adjusted EBITDA Freshpet GAAP EPS of $0.91 beats by $0.82, revenue of $297.6M beats by $6.07M
Euroseas Ltd. (ESEA) came out with quarterly earnings of $4.7 per share, beating the Zacks Consensus Estimate of $4.54 per share. This compares to earnings of $3.76 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +3.52%. A quarter ago, it was expected that this company would post earnings of $4.47 per share when it ...
Euroseas Ltd. (ESEA) came out with quarterly earnings of $4.7 per share, beating the Zacks Consensus Estimate of $4.54 per share. This compares to earnings of $3.76 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +3.52%. A quarter ago, it was expected that this company would post earnings of $4.47 per share when it actually produced earnings of $4.48, delivering a surprise of +0.22%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Euroseas, which belongs to the Zacks Transportation - Shipping industry, posted revenues of $57.54 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 3.84%. This compares to year-ago revenues of $57.98 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Euroseas shares have added about 30.4% since the beginning of the year versus the S&P 500's gain of 8.6%. What's Next for Euroseas? While Euroseas has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earni...
FREDERICA ABAN/iStock via Getty Images There have been no further developments to fuel optimism about the Strait of Hormuz. Polymarket shows little change in the assessment that there is around a 35% chance that the Strait is open by the end of next month and 47% chance it opens by the end of July. Still, Brent and WTI are trading with a slightly heavier bias today. Equities are mostly firmer, as ...
FREDERICA ABAN/iStock via Getty Images There have been no further developments to fuel optimism about the Strait of Hormuz. Polymarket shows little change in the assessment that there is around a 35% chance that the Strait is open by the end of next month and 47% chance it opens by the end of July. Still, Brent and WTI are trading with a slightly heavier bias today. Equities are mostly firmer, as are bonds. Most of the preliminary May PMI estimates have shown the impact of the war with softer readings and higher prices. The dollar ( DXY ) is trading with a firmer bias, recovering from yesterday’s losses in the North American afternoon. A poor employment report and the weak PMI have made the Australian dollar the weakest of the G10 currencies after it led the pack yesterday. The dollar continues to straddle the JPY159 area, but Japanese rhetoric has not escalated. The PBOC set the dollar’s reference rate today at a new multi-year low. Prices G10 • The euro tested the lower end of the range of support we identified in the $1.1580-1.1600 area, before recovering to new session highs (~$1.1645) amid a flight of fancy after President Trump indicated that negotiations with Iran were in the final stages. Oil tumbled and rates fell. Still, the feeling of “Groundhog Day” could not be shaken and the euro consolidated mostly between $1.1620 and $1.1640 in the North American afternoon. The euro reached the session low today, near $1.1595 after the disappointing French PMI but was already recovering before the German figures shortly after the French report. It stalled near $1.1635. • The Japanese yen strengthened yesterday for the first time in eight sessions. Not, we think, coincidentally, that US 10-year yields dropped by about 8.5 bp yesterday, the largest single-day decline since February 5. The greenback eased to a two-day low near JPY158.60 and recovered to almost JPY159 in afternoon turnover. The dollar remains firm but is subdued in a JPY158.80-159.10 range. • Sterling po...
Micron Technology stock was rising on Thursday, signaling to investors that the memory-chip trade is back on as rival Samsung Electronics agreed a last-minute deal to avert a strike. Micron climbed 0.8% to $737.50 ahead of the opening bell. Futures tracking the were flat as investors tried to make sense of Nvidia first-quarter earnings.
Micron Technology stock was rising on Thursday, signaling to investors that the memory-chip trade is back on as rival Samsung Electronics agreed a last-minute deal to avert a strike. Micron climbed 0.8% to $737.50 ahead of the opening bell. Futures tracking the were flat as investors tried to make sense of Nvidia first-quarter earnings.
Ayatollah Orders Highly-Enriched Uranium To Remain In Iran, Stymying Trump's Basis For Deal The illusion of a grand diplomatic breakthrough in the Middle East is once again colliding with reality. The White House has been busy trying to paint a picture of a total capitulation by Tehran, which hasn't been demonstrated given its consistent position defying Washington's demands on the nuclear issue. ...
Ayatollah Orders Highly-Enriched Uranium To Remain In Iran, Stymying Trump's Basis For Deal The illusion of a grand diplomatic breakthrough in the Middle East is once again colliding with reality. The White House has been busy trying to paint a picture of a total capitulation by Tehran, which hasn't been demonstrated given its consistent position defying Washington's demands on the nuclear issue. According to two senior Iranian officials speaking to Reuters , Iranian Supreme Leader Mojtaba Khamenei has drawn a hard line in the sand, ordering that Iran's stockpile of uranium enriched to 60% remain strictly inside Iranian territory . Office of the Supreme Leader, via Reuters Reuters underscores that "Ayatollah Mojtaba Khamenei's order could further frustrate U.S. President Donald Trump and complicate talks on ending the U.S.-Israeli war on Iran." "Israeli officials have told Reuters that Trump has assured Israel that Iran's stockpile of highly enriched uranium , needed to make an atomic weapon, will be sent out of Iran and that any peace deal must include a clause on this," the report continues. The officials noted that within Tehran, there is deep suspicion that the ceasefire is in fact "a tactical deception by the US," designed to lull Iran into a "false sense of security... before the fighting resumes." The fresh directive from from the supreme leader flies directly in the face of the narrative being spun by Washington and Tel Aviv, given Israeli officials maintain that President Trump explicitly promised Israel that Iran's highly enriched stockpile would be completely removed from the country as part of any negotiated settlement. Trump has also recently proclaimed this publicly, for example in a phone interview with CBS News last month, wherein he confidently proclaimed that Iran "agreed to everything" and would cooperate fully to ship its enriched uranium out of the country. Extraction of nuclear material would of course rely heavily on the assumption of total I...
M. Suhail Advance Auto Parts’ ( AAP ) efforts to reengage the do-it-yourselfer enabled the retailer to achieve its strongest comparable sales growth in five years, beating Wall Street’s expectations and driving shares as much as 8% higher in Thursday’s premarket trading. "2026 is off to a solid start, and we remain on track to execute our strategic priorities for the year,” said Shane O'Kelly, pre...
M. Suhail Advance Auto Parts’ ( AAP ) efforts to reengage the do-it-yourselfer enabled the retailer to achieve its strongest comparable sales growth in five years, beating Wall Street’s expectations and driving shares as much as 8% higher in Thursday’s premarket trading. "2026 is off to a solid start, and we remain on track to execute our strategic priorities for the year,” said Shane O'Kelly, president and chief executive officer. "During the quarter, comparable sales grew by 3.5%, including mid-single-digit growth in Pro and low-single-digit growth in DIY. These results were driven by a sequential improvement in transactions reflecting the unwavering focus of our team to deliver strong customer service.” Although the company operated fewer stores in 2026, total net sales in the first quarter of 2026 increased by 1.2% to $2.61B, exceeding expectations by $40M, with comparable store sales up 3.5% versus +2.2% estimates. Adjusted gross profit of $1.2B accounted for 45.1% of net sales compared to 42.9% of net sales in 2025 as a result of merchandising initiatives and 90 basis points of atypical margin headwind experienced in Q1 2025 related to the company’s store optimization program. The company also generated adjusted operating income of $99M, or 3.8% of sales, in the first quarter compared to a loss of $8M, or (0.3%) of sales last year. This contributed to an adjusted profit of $0.77 per share versus a loss of $0.22 per share last year and $0.33 better than expected. Despite the strong results for the quarter, Advance Auto Parts ( AAP ) maintained their previous guidance for the full year, with net sales expected to be within a range of $8.485B and $8.575B, with a midpoint of $8.53B that is slightly less than $8.55B estimates. Additionally, profit guidance of $2.40 to $3.10 per share translates to a midpoint of $2.75 per share that is 5 cents below estimates. These estimates either assume a slowing of the business through the remainder of the year or represent cons...
Ralph Lauren ( RL ) rallied in early trading on Thursday after the apparel giant posted a stronger-than-expected fourth-quarter earnings report and issued strong guidance. In Q4, revenue rose 16.5% year over year to $1.98B on a reported basis, or 12% in constant currency, with FX adding about 450 basis points to growth. Notably, the sales strength was broad-based as North America sales increased 8...
Ralph Lauren ( RL ) rallied in early trading on Thursday after the apparel giant posted a stronger-than-expected fourth-quarter earnings report and issued strong guidance. In Q4, revenue rose 16.5% year over year to $1.98B on a reported basis, or 12% in constant currency, with FX adding about 450 basis points to growth. Notably, the sales strength was broad-based as North America sales increased 8% with 16% comparable-store growth in retail, including double-digit gains in both stores and digital. Europe revenue grew 18% reported and 6% in constant currency, driven by balanced retail and wholesale growth. The Asia business saw 31% reported sales growth (28% constant currency) and 25% comparable sales growth, fueled by particularly strong Lunar New Year demand in China. Ralph Lauren's ( RL ) gross margin rose 110 basis points to 69.7% of sales, driven by higher average unit retail, favorable mix, lower cotton costs, and strong full-price sell-through. Those positive factors more than offset higher U.S. tariffs and other product cost pressures. Adjusted operating income was $218M, with an 11.0% operating margin, 70 basis points above last year. Adjusted diluted EPS of $2.80 was reported vs. $2.54 consensus and $2.27 a year ago. CEO update: "While navigating a highly dynamic global operating environment, we exceeded our financial commitments in Fiscal 2026 with revenues surpassing $8 billion for the first time on healthy quality of sales, with balanced contributions across our lifestyle categories, geographies, and channels—a testament to the power of our iconic brand and ability to connect authentically with consumers across generations and cultures." Looking ahead, Ralph Lauren ( RL ) sees constant currency revenue increasing approximately mid-single digits from last year on a 52-week comparable basis, centered around 4% to 5%. Shares of Ralph Lauren ( RL ) were up 9.8% in premarket trading to $361.44 vs. the 52-week range of $258.13 to $393.41. More on Ralph Lauren ...
JHVEPhoto KB Home ( KBH ) has expanded into the Atlanta market, a top five housing market in the U.S., and expects to open its first new home community there in early 2027, the company said on Thursday. The company has acquired 110 homesites in the market. Whitley Meadows will be the first of the many new communities that KB Home anticipates opening in the greater Atlanta area in the coming years....
JHVEPhoto KB Home ( KBH ) has expanded into the Atlanta market, a top five housing market in the U.S., and expects to open its first new home community there in early 2027, the company said on Thursday. The company has acquired 110 homesites in the market. Whitley Meadows will be the first of the many new communities that KB Home anticipates opening in the greater Atlanta area in the coming years. The community, to be located in Bethlehem, Georgia, will offer single-family homes ranging from 2,000 to 3,100 square feet. Planned amenities include a pool, cabana, playground, and walking trails. More on KB Home KB Home (KBH) Shareholder/Analyst Call Prepared Remarks Transcript KB Home's Disappointing Q1 Report Ends The Seasonal Trade KB Home (KBH) Q1 2026 Earnings Call Transcript Homebuilding stocks surge after House passes amended housing bill Quant Rating Check: How top homebuilders rank after QXO’s $17B TopBuild deal
The UK has summoned Israel’s chargé d’affaires as international outrage escalates over a video posted by the national security minister, Itamar Ben-Gvir, in which he is seen taunting activists detained after a Gaza-bound flotilla was intercepted. The global outcry continued as Israel began releasing hundreds of the activists who attempted to breach Israel’s naval blockade of Gaza and are in the pr...
The UK has summoned Israel’s chargé d’affaires as international outrage escalates over a video posted by the national security minister, Itamar Ben-Gvir, in which he is seen taunting activists detained after a Gaza-bound flotilla was intercepted. The global outcry continued as Israel began releasing hundreds of the activists who attempted to breach Israel’s naval blockade of Gaza and are in the process of deporting them, according to a legal organisation working with the flotilla. Italy’s foreign minister, Antonio Tajani,, said on Thursday he had asked EU foreign policy chief, Kaja Kallas, to discuss sanctions on Ben-Gvir, “for the unacceptable acts committed against the flotilla, seizing the activists in international waters and subjecting them to harassment and humiliation, in violation of the most basic human rights”. Poland’s foreign ministry said it was calling for a ban on Ben-Gvir entering the country over the video showing the far-right minister taunting detained flotilla activists who were handcuffed and kneeling. Britain’s Foreign Office issued a statement harshly denouncing the treatment of the arrested activists. “This behaviour violates the most basic standards of respect and dignity for people. We are also deeply concerned by the detention conditions depicted and have demanded an explanation from the Israeli authorities. We made clear their obligations to protect the rights of all those involved,” it said. Human rights groups have documented widespread, systemic torture and abuse of Palestinians in Israeli prisons and detention centres during Israel’s war in Gaza, prompted by the Hamas-led attacks on 7 October 2023. But the humiliating treatment of the Gaza flotilla activists, has drawn unusually strong international condemnation of Israel, reflecting growing frustration with the country’s policies in Gaza, Lebanon and in its joint war with the US against Iran. 1:03 Israeli minister Ben-Gvir posts video taunting detained Gaza flotilla activists – video...
Mario Tama Mobileye ( MBLY ) shares fell 1.8% in premarket trading on Thursday as investment firm Berenberg downgraded the company after a sharp run in its stock. The investment firm lowered its rating on Mobileye to Hold from Buy but raised its price target to $10.80 from $9.30. Shares have gained 24% in the past month and nearly 40% since March 30. “The near-term risk-reward is more balanced” at...
Mario Tama Mobileye ( MBLY ) shares fell 1.8% in premarket trading on Thursday as investment firm Berenberg downgraded the company after a sharp run in its stock. The investment firm lowered its rating on Mobileye to Hold from Buy but raised its price target to $10.80 from $9.30. Shares have gained 24% in the past month and nearly 40% since March 30. “The near-term risk-reward is more balanced” at current levels, Berenberg analyst Michael Filatov wrote in a note to clients. Filatov added that there are several potential catalysts for Mobileye, including product wins and robotaxi milestones, but the timing of them is uncertain. Separately, this week, Jefferies started coverage on Mobileye with an Underperform rating, citing concerns about future risk. More on Mobileye Global Mobileye: China Strength Buoys Q1, But The 'AI Proof' Burden Remains Mobileye Is An Overlooked Physical AI Play Mobileye Global Inc. (MBLY) Q1 2026 Earnings Call Transcript Mobileye sinks as Jefferies sees risk ahead, starts with Underperform rating Mobileye targets $1.975B 2026 revenue midpoint as EyeQ demand stays strong and share buyback launches