Cuba's former President Raul Castro waves a Cuban national flag during the commemoration of May Day (Labour Day), marking International Workers' Day, at Havana's Revolution Square on May 1, 2025. Yamil Lage | Afp | Getty Images The Trump administration is expected to announce criminal charges against former Cuban president Raul Castro on Wednesday, in a move that would mark a step-up in Washington...
Cuba's former President Raul Castro waves a Cuban national flag during the commemoration of May Day (Labour Day), marking International Workers' Day, at Havana's Revolution Square on May 1, 2025. Yamil Lage | Afp | Getty Images The Trump administration is expected to announce criminal charges against former Cuban president Raul Castro on Wednesday, in a move that would mark a step-up in Washington's pressure campaign against the Caribbean island's communist government. The charges against Castro, 94, are expected to be based on a 1996 incident in which Cuban jets shot down planes operated by a group of Cuban exiles, a U.S. Justice Department official told Reuters last week on the condition of anonymity. The Miami U.S. Attorney's office is planning to host an event starting at 1 p.m. EDT (1700 GMT) to honor victims of the incident. The Justice Department said on Tuesday it would make an announcement in conjunction with the ceremony, but did not provide details about the announcement. President Donald Trump has been seeking regime change in Cuba, where communists have been in charge since Raul Castro's late brother Fidel Castro led a revolution in 1959. The U.S. has effectively imposed a blockade on the island by threatening sanctions on countries supplying it with fuel, triggering power outages and delivering blows to its already fragile economy. Cuba has yet to comment directly on the threat of indictment though Foreign Minister Bruno Rodriguez expressed defiance in public comments on May 15. "Despite the (U.S.) embargo, sanctions and threats of the use of force, Cuba continues on a path of sovereignty towards its socialist development," Rodriguez said. Brothers to the rescue Born in 1931, Raul Castro was a key figure alongside his older brother in the guerrilla war that toppled U.S.-backed dictator Fulgencio Batista. He helped defeat the U.S.-organized Bay of Pigs invasion in 1961, and served as defense minister for decades. He succeeded his brother as president an...
Mario Tama/Getty Images News CAVA ( CAVA ) has deepened its Midwest footprint with a new restaurant in Columbus, Ohio. CAVA Polaris Pkwy spans over 3,660 sq ft and follows the recent opening in the nearby suburb of Hilliard. With a goal of reaching at least 1,000 restaurants by 2032, CAVA is rapidly growing its national footprint and deepening its presence across the Midwest. Now operating in 29 s...
Mario Tama/Getty Images News CAVA ( CAVA ) has deepened its Midwest footprint with a new restaurant in Columbus, Ohio. CAVA Polaris Pkwy spans over 3,660 sq ft and follows the recent opening in the nearby suburb of Hilliard. With a goal of reaching at least 1,000 restaurants by 2032, CAVA is rapidly growing its national footprint and deepening its presence across the Midwest. Now operating in 29 states and the District of Columbia, CAVA is on track to open its 500th restaurant later this year, with additional Columbus locations planned in the months ahead. CAVA Group (NYSE: CAVA ) rose 7.7% in premarket trading to $84.10 after reporting first-quarter results that included 9.7% same-restaurant sales growth. More on CAVA Group CAVA Group, Inc. (CAVA) Q1 2026 Earnings Call Transcript CAVA Group, Inc. 2026 Q1 - Results - Earnings Call Presentation CAVA: The Restaurant Everyone Loves At A Price Nobody Should Pay (Earnings Preview) Biggest stock movers Wednesday: AMC, RBLX, and more CAVA outlines raised FY2026 plan for 75-77 net new openings and 4.5%-6.5% same-restaurant sales
Arcos Dorados (ARCO) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +54.55%. A quarter ago, it was expected that this restaurant owner would post earnings of $0.2 per shar...
Arcos Dorados (ARCO) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +54.55%. A quarter ago, it was expected that this restaurant owner would post earnings of $0.2 per share when it actually produced a loss of $0.04, delivering a surprise of -120%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Arcos Dorados, which belongs to the Zacks Retail - Restaurants industry, posted revenues of $1.22 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 2.20%. This compares to year-ago revenues of $1.08 billion. The company has topped consensus revenue estimates four times 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. Arcos Dorados shares have added about 10% since the beginning of the year versus the S&P 500's gain of 7.4%. What's Next for Arcos Dorados? While Arcos Dorados 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 revision...
Darren Gough has questioned the appointment of Marcus North as England's new selector, saying the arrival of the Australian will further divide the national team from the domestic game. Former England fast bowler Gough was interviewed for the national selector role, losing out to North, who has been director of cricket at Durham since 2018. England have been criticised for a perceived disconnect b...
Darren Gough has questioned the appointment of Marcus North as England's new selector, saying the arrival of the Australian will further divide the national team from the domestic game. Former England fast bowler Gough was interviewed for the national selector role, losing out to North, who has been director of cricket at Durham since 2018. England have been criticised for a perceived disconnect between the national set-up and the county game. And North, who played 21 Tests for Australia, is joining England head coach and former New Zealand captain Brendon McCullum on the selection panel. "This is a hard role because there's a lot of repair job to be done," Gough told the Stick to Cricket podcast. "They're saying they are trying to bring England cricket and county cricket closer together – I don't think they are because we've got a Kiwi coach and we've now got an Australian selector. "I don't think that's brought the game closer to the county game at all. I do think there's a big, big repair job there." Also on the England selection panel are director of cricket Rob Key, captains Ben Stokes and Harry Brook, head of player identification David Court and performance director Ed Barney. North, 46, played county cricket for six different teams, has an English wife and worked in the club game for South Northumberland before he took over at Durham. Speaking last week, Durham head coach Ryan Campbell – also an Australian – said North is "as English as any Australian can be". "England cricket have made an unbelievably good choice," Campbell told BBC Radio 5 Sports Extra. "He will test Brendon McCullum, Ben Stokes and Rob Key and will ask the right questions. He will be unbelievable."
The Chinese president, Xi Jinping, and his Russian counterpart, Vladimir Putin, have praised relations between their countries. During Putin's two-day visit to Beijing, bilateral talks between the leaders reaffirmed Russia and China as close partners in trade and international affairs Xi Jinping and Vladimir Putin meet in Beijing less than a week after Trump visit Continue reading...
The Chinese president, Xi Jinping, and his Russian counterpart, Vladimir Putin, have praised relations between their countries. During Putin's two-day visit to Beijing, bilateral talks between the leaders reaffirmed Russia and China as close partners in trade and international affairs Xi Jinping and Vladimir Putin meet in Beijing less than a week after Trump visit Continue reading...
Maybe it’s time for Nvidia (NVDA) and CEO Jensen Huang to up cash giveaways to lure in new investors. It wouldn’t hurt to offer an enticement. The news: Nvidia’s large position of 8.3% of the S&P 500 (^GSPC) index and 78% active fund management ownership often acts as a headwind to the stock, BofA analyst Vivek Arya wrote in a new note. Arya pointed out that other large-cap tech names in the same ...
Maybe it’s time for Nvidia (NVDA) and CEO Jensen Huang to up cash giveaways to lure in new investors. It wouldn’t hurt to offer an enticement. The news: Nvidia’s large position of 8.3% of the S&P 500 (^GSPC) index and 78% active fund management ownership often acts as a headwind to the stock, BofA analyst Vivek Arya wrote in a new note. Arya pointed out that other large-cap tech names in the same position have added incremental investors by boosting cash returns and appealing to dividend and income-oriented investors. Nvidia hasn't done this yet. Based on Arya’s research, only 47% of Nvidia’s free cash flow from calendar years 2022 through 2025 has been allocated to dividends and stock buybacks, compared with peers that return around 80% of their free cash flow. Nvidia, instead, has plowed its cash into the AI ecosystem, investing in tech partners such as OpenAI (OPAI.PVT) and Anthropic (ANTH.PVT), which Arya believes has been “unfairly” characterized as risky circular/vendor financing. “Boosting shareholder returns could expand ownership, close Nvidia’s valuation gap [relative to peers] and minimize circularity concerns,” Arya wrote. Jensen Huang, CEO of Nvidia Corp., speaks during the Dell Technologies World Annual Convention event in Las Vegas, Nevada, US, on Monday, May 18, 2026. (Ian Maule/Bloomberg via Getty Images) · Bloomberg AlphaSpace insights: Using Yahoo Finance’s AlphaSpace, what Arya is discussing becomes apparent when doing a comparison of Nvidia to fellow tech giant Apple (AAPL). Nvidia has a paltry 0.01% dividend yield. Apple isn’t exactly a dividend yield hero, but its yield stands at 0.50%. In April, Apple’s board authorized an additional $100 billion stock buyback program. This matched the $100 billion authorized in 2025 and follows their all-time record of a $110 billion program unveiled in 2024. Coming into today’s earnings release, Nvidia had $58.5 billion remaining under its stock buyback plan. Nvidia’s forward price-to-earnings ratio is 24.9...
(RTTNews) - Investors are awaiting Nvidia's upcoming earnings on Wednesday. Early signs from the U.S. Futures Index suggest that Wall Street might open slightly up. In the Asian trading session, oil prices were sharply lower. Gold prices were little changed. Spot gold was steady at $4,482.58 an ounce. As of 7.55 am ET, the Dow futures were gaining 85.00 points, the S&P 500 futures were adding 21.0...
(RTTNews) - Investors are awaiting Nvidia's upcoming earnings on Wednesday. Early signs from the U.S. Futures Index suggest that Wall Street might open slightly up. In the Asian trading session, oil prices were sharply lower. Gold prices were little changed. Spot gold was steady at $4,482.58 an ounce. As of 7.55 am ET, the Dow futures were gaining 85.00 points, the S&P 500 futures were adding 21.00 points and the Nasdaq 100 futures were up 162.50 points. The U.S. major averages all finished Tuesday firmly in negative territory. The Nasdaq slid 220.02 points or 0.8 percent to 25,870.71, the S&P 500 fell 49.44 points or 0.7 percent to 7,353.61 and the Dow declined 322.24 points or 0.7 percent to 49,363.88. On the Economic front, the Atlanta Fed Business Inflation Expectations for May will be issued at 10.00 am ET. In the prior month, the year-over-year expectations were up 2.3 percent. The Energy Information Administration or EIA's Petroleum Status Report for the week is scheduled at 10.30 am ET. In the prior week, the crude oil inventories were down 4.3 million barrels and the gasoline inventories were down 4.1 million barrels. The 20-year Treasury Bond Auction will be held at 1.00 pm ET. The Federal Open Market Committee or FOMC minutes will be published at 2.00 pm ET. Federal Governor Michael Barr will speak on 'Consumer Financial Health Metrics' before the Financial Health Network EMERGE Financial Health 2026 Conference at 9.15 am ET. Asian stocks tumbled on Wednesday. China's Shanghai Composite index dipped 0.18 percent to 4,162.18. Hong Kong's Hang Seng index dropped 0.57 percent to 25,651.12. Japanese markets fell sharply. The Nikkei average slumped 1.23 percent to 59,804.41. The broader Topix index settled 1.53 percent lower at 3,791.65. Australian markets fell sharply. The benchmark S&P/ASX 200 tumbled 1.26 percent to 8,496.60. The broader All Ordinaries index ended 1.27 percent lower at 8,717. The views and opinions expressed herein are the views and opinion...
Theeraphat Uamduang/iStock via Getty Images The other day I was doing research on a couple of large hyperscale tech companies, and it struck me that we're probably living through one of - if not the largest - capital deployment cycles in history. With $690 billion expected to be spent this year alone on capex just from the large cloud companies like Google ( GOOG ), Amazon ( AMZN ), and Microsoft ...
Theeraphat Uamduang/iStock via Getty Images The other day I was doing research on a couple of large hyperscale tech companies, and it struck me that we're probably living through one of - if not the largest - capital deployment cycles in history. With $690 billion expected to be spent this year alone on capex just from the large cloud companies like Google ( GOOG ), Amazon ( AMZN ), and Microsoft ( MSFT ), it's difficult to hold in your mind the sheer size of the investments that the American tech industry is making in AI. In recent quarters, I've tried to focus a majority of my time on key beneficiaries from this absolutely massive investment megatrend, and I recently noticed that it's been over a year since I've updated my coverage on Broadcom ( AVGO ) - one of the largest beneficiaries of this build-out. In April of last year, I rated the stock a 'Strong Buy' as the company's durable franchise model and AI-driven growth appeared primed to send the stock on another leg higher. In the ensuing months, that's pretty much what has happened, with shares of the stock up roughly 175%, which has considerably outpaced the market: Seeking Alpha But where does the stock go from here? Now, sitting at a market cap of roughly $2 trillion , it would be easy to write off the company as a horse that's already left the barn. That said, as the AI build-out continues apace, recent management comments have me structurally bullish on shares of Broadcom. With $100 billion in sales from AI chips alone expected in 2027, there is still a significant growth opportunity for investors moving forward. Of course, valuation is a concern, but even with a relatively conservative framework, I expect Broadcom could deliver annualized returns of around ~20% through 2030. As a result, I'm reiterating my Strong Buy stance on the company. Today, I'll highlight recent updates since my last coverage, and make the case that shares of Broadcom should remain firmly in your portfolio. Sound good? Let's dive i...
Theeraphat Uamduang/iStock via Getty Images The other day I was doing research on a couple of large hyperscale tech companies, and it struck me that we're probably living through one of - if not the largest - capital deployment cycles in history. With $690 billion expected to be spent this year alone on capex just from the large cloud companies like Google ( GOOG ), Amazon ( AMZN ), and Microsoft ...
Theeraphat Uamduang/iStock via Getty Images The other day I was doing research on a couple of large hyperscale tech companies, and it struck me that we're probably living through one of - if not the largest - capital deployment cycles in history. With $690 billion expected to be spent this year alone on capex just from the large cloud companies like Google ( GOOG ), Amazon ( AMZN ), and Microsoft ( MSFT ), it's difficult to hold in your mind the sheer size of the investments that the American tech industry is making in AI. In recent quarters, I've tried to focus a majority of my time on key beneficiaries from this absolutely massive investment megatrend, and I recently noticed that it's been over a year since I've updated my coverage on Broadcom ( AVGO ) - one of the largest beneficiaries of this build-out. In April of last year, I rated the stock a 'Strong Buy' as the company's durable franchise model and AI-driven growth appeared primed to send the stock on another leg higher. In the ensuing months, that's pretty much what has happened, with shares of the stock up roughly 175%, which has considerably outpaced the market: Seeking Alpha But where does the stock go from here? Now, sitting at a market cap of roughly $2 trillion , it would be easy to write off the company as a horse that's already left the barn. That said, as the AI build-out continues apace, recent management comments have me structurally bullish on shares of Broadcom. With $100 billion in sales from AI chips alone expected in 2027, there is still a significant growth opportunity for investors moving forward. Of course, valuation is a concern, but even with a relatively conservative framework, I expect Broadcom could deliver annualized returns of around ~20% through 2030. As a result, I'm reiterating my Strong Buy stance on the company. Today, I'll highlight recent updates since my last coverage, and make the case that shares of Broadcom should remain firmly in your portfolio. Sound good? Let's dive i...