gremlin/E+ via Getty Images Nebius Group N.V. ( NBIS ) has been at the forefront of the recent AI-fueled rally that we’ve seen in markets. Having just reported earnings and having soared by over 100% in the past month and a half, it’s a good time to assess the state of the potential opportunity presented to investors at current prices. While one can make a credible near-term thesis, perhaps based ...
gremlin/E+ via Getty Images Nebius Group N.V. ( NBIS ) has been at the forefront of the recent AI-fueled rally that we’ve seen in markets. Having just reported earnings and having soared by over 100% in the past month and a half, it’s a good time to assess the state of the potential opportunity presented to investors at current prices. While one can make a credible near-term thesis, perhaps based solely on momentum (i.e., having nothing to do with the operations or prospects of the underlying business), when it comes to the business itself, I will argue that there is nothing like a compelling fundamentals-based thesis to be had to justify buying NBIS shares at current prices. Review of Q1 2026 Earnings Report Headline Numbers Nebius just reported earnings on Wednesday, May 13 th . Here are the highlights from management’s perspective: Source: Earnings Release Let’s take each of these in turn. First, net income is basically irrelevant, as it almost entirely is the result of a non-operational gain on investments in equity securities. As such, it doesn’t reflect the business’s operations and isn’t reflective of the performance of the core data center operations. Second, adjusted EBITDA can be disregarded, as it asks us to not count depreciation and amortization, as well as interest expense, two expenses that are core to the business from an operational and financing perspective. Additionally, it asks investors to treat stock-based compensation (SBC) as if it weren’t really an expense, something which simply makes no sense to me. Perhaps the most useful metric here is “adjusted net loss,” as it excludes the gain on investments in equity securities included in net income. Nevertheless, it still asks us to disregard stock-based compensation. In any case, it does come to a number that is somewhat close to the “loss from operations” number, which, to my mind, is really the most relevant of these sorts of metrics, even though it's not amongst the metrics presented in the "Q1...
Looking at the universe of stocks we cover at Dividend Channel, in trading on Monday, shares of Kraft Heinz Co (Symbol: KHC) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.6), with the stock changing hands as low as $22.82 on the day. Dividend
Looking at the universe of stocks we cover at Dividend Channel, in trading on Monday, shares of Kraft Heinz Co (Symbol: KHC) were yielding above the 7% mark based on its quarterly dividend (annualized to $1.6), with the stock changing hands as low as $22.82 on the day. Dividend
Dell CEO Michael Dell and Nvidia CEO Jensen Huang discuss what they see as the biggest supply chain constraint right now during an interview with Bloomberg's Ed Ludlow on the sidelines of the Dell World event in Las Vegas. (Source: Bloomberg)
Dell CEO Michael Dell and Nvidia CEO Jensen Huang discuss what they see as the biggest supply chain constraint right now during an interview with Bloomberg's Ed Ludlow on the sidelines of the Dell World event in Las Vegas. (Source: Bloomberg)
In trading on Monday, shares of Innovative Industrial Properties Inc's 9.00% Series A Cumulative Redeemable Preferred Stock (Symbol: IIPR.PRA) were yielding above the 9.5% mark based on its quarterly dividend (annualized to $2.25), with shares changing hands as low as $23.60 on
In trading on Monday, shares of Innovative Industrial Properties Inc's 9.00% Series A Cumulative Redeemable Preferred Stock (Symbol: IIPR.PRA) were yielding above the 9.5% mark based on its quarterly dividend (annualized to $2.25), with shares changing hands as low as $23.60 on
In trading on Monday, shares of Hudson Pacific Properties Inc's 4.750% Series C Cumulative Preferred Stock (Symbol: HPP.PRC) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.1875), with shares changing hands as low as $14.58 on the day. This c
In trading on Monday, shares of Hudson Pacific Properties Inc's 4.750% Series C Cumulative Preferred Stock (Symbol: HPP.PRC) were yielding above the 8% mark based on its quarterly dividend (annualized to $1.1875), with shares changing hands as low as $14.58 on the day. This c
Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO) jumped 4.3% in the afternoon session after it received a flurry of bullish analyst ratings, with several firms significantly raising their price targets on optimism surrounding its role in the Artificial Intelligence (AI) boom.
Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO) jumped 4.3% in the afternoon session after it received a flurry of bullish analyst ratings, with several firms significantly raising their price targets on optimism surrounding its role in the Artificial Intelligence (AI) boom.
British broadcaster Channel 4 removed all previous seasons of Married at First Sight – one of its flagship reality shows – on Monday after a BBC report detailing allegations of rape during the filming of the series. Channel 4, the publicly owned but commercially funded broadcaster established in the 1980s, said it had launched a review into contributor welfare on the show, which is made by indepe...
British broadcaster Channel 4 removed all previous seasons of Married at First Sight – one of its flagship reality shows – on Monday after a BBC report detailing allegations of rape during the filming of the series. Channel 4, the publicly owned but commercially funded broadcaster established in the 1980s, said it had launched a review into contributor welfare on the show, which is made by independent production company CPL, in April. BBC News reported that two women had told the news service...
J Studios/DigitalVision via Getty Images By Mike Larson US energy exports are soaring thanks to the war in the Middle East. While that’s boosting energy sector profits - and stock prices - it’s also increasing price pressures here at home. Check out the MoneyShow Chart of the Day, which shows the four-week moving average of US crude oil exports. They’ve been surging lately, hitting 5.37 million ba...
J Studios/DigitalVision via Getty Images By Mike Larson US energy exports are soaring thanks to the war in the Middle East. While that’s boosting energy sector profits - and stock prices - it’s also increasing price pressures here at home. Check out the MoneyShow Chart of the Day, which shows the four-week moving average of US crude oil exports. They’ve been surging lately, hitting 5.37 million barrels per day in the most recent week from 3.76 million in the same week a year earlier. Exports of refined products like diesel are also rising fast as customers in Europe and Asia look for new supplies to replace what they used to get from the Middle East. US Crude Oil Exports (4-Week Average) (Source: MacroMicro) As the Wall Street Journal noted, the US is now supplying around one out of every seven barrels of oil needed globally. Energy companies are reaping the benefits here, with sector earnings expected to soar a whopping 110% in the second quarter, according to FactSet. That’s roughly double the 54.6% growth expected for the next-closest sector, information technology. It’s also a key reason the State Street Energy Select Sector SPDR ETF ( XLE ) is up 32.9% year-to-date. But as more crude oil and refined products flow overseas versus stay in the domestic market, the price of energy products here at home will rise. In the words of a Kpler analyst quoted in the Journal : “We have to essentially get squeezed to the point where prices move higher to stop the barrels leaving.” Bottom line? US yields are already rising. US inflation readings are already rising. And until the global energy supply situation stabilizes, those trends are likely to continue. Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors. Originally published on MoneyShow.com
Watch $134 Million Go Up In Smoke As Navy Jets Collide At Air Show As if Pentagon losses in the Trump-Netanyahu war on Iran weren't already sapping them enough already, American taxpayers were losers again on Sunday when two U.S. Navy EA18-G Growlers blew up in spectacular fashion after colliding at an air show at Mountain Home Air Force Base in Idaho. Four crew members ejected and were medically ...
Watch $134 Million Go Up In Smoke As Navy Jets Collide At Air Show As if Pentagon losses in the Trump-Netanyahu war on Iran weren't already sapping them enough already, American taxpayers were losers again on Sunday when two U.S. Navy EA18-G Growlers blew up in spectacular fashion after colliding at an air show at Mountain Home Air Force Base in Idaho. Four crew members ejected and were medically evaluated and said to be in stable condition. EA18-G Growlers are used to jam and suppress enemy radar and other electronics (USAF Photo) The aircraft were performing a maneuver for the audience at the Gunfighter Skies Air Show when they made contact and then appeared to be locked together. In an instant, the four crew members ejected. As their parachutes successfully deployed, the two jets -- valued at a combined $134 million -- fell to the ground together and exploded, generating a massive cloud of smoke, and necessitating a careful descent by the crew members who had to avoid landing in the flaming wreckage. Made by Boeing, the EA18-G Growler is an F/A-18 Super Hornet variant that serves as something of an "electronic bodyguard" for other aircraft, by jamming, deceiving or suppressing enemy radar and electronic systems. BREAKING: Two U.S. Navy jets collided mid-air and exploded during the Gunfighter Skies Air Show at Mountain Home Air Force Base. pic.twitter.com/R66ADWM2TY — Breaking911 (@Breaking911) May 17, 2026 Jeff Guzzetti, an aviation safety expert, said the unusual collision in which the two jets were seemingly stuck together may have bought the crew members a few more critical moments. “It’s really striking to see,” Guzzetti told Associated Press . “It looks like they struck each other in a very unique fashion to cause them to remain intact and kind of stick to each other and that very well could have saved them.” Some social media users pointed to a wind advisory that had been issued . While the Air Force will investigate the crash, Guzzetti's first impression w...
Kimberly Delaney/iStock via Getty Images Not all double-digit yields are value traps. NewLake Capital ( NLCP ) looks increasingly compelling following highly bullish regulatory changes for medical cannabis. The cannabis REIT offers a 12% dividend yield, which looks exaggerated given the net lease structure and net cash balance sheet. Continued progress regarding normalizing tax rates in the indust...
Kimberly Delaney/iStock via Getty Images Not all double-digit yields are value traps. NewLake Capital ( NLCP ) looks increasingly compelling following highly bullish regulatory changes for medical cannabis. The cannabis REIT offers a 12% dividend yield, which looks exaggerated given the net lease structure and net cash balance sheet. Continued progress regarding normalizing tax rates in the industry makes that valuation look too cheap while also offering a highly visible catalyst. I reiterate my "S trong Buy" rating for the stock. NLCP Stock Price I last covered NLCP in April , where I called the 12% yield safer than it looks. The stock has barely moved since. Data by YCharts At this point, the catalysts are already in motion, and one no longer needs to hope for unlikely regulatory action. The delayed upside reaction offers an attractive buying opportunity. NLCP Stock Key Metrics NLCP is a cannabis net lease real estate investment trust (‘REIT’). The net leases mean that the tenants are responsible for real estate taxes, insurance, and maintenance expenses. This high-margin lease structure is very popular with investors who might recognize it from the likes of Realty Income ( O ) and others. NLCP is highly concentrated in the cannabis sector and the limited tenants in that sector. 2026 Q1 Presentation NLCP has maintained a strong estimated four-wall coverage. Historically, investors have had to put a large asterisk when comparing to net lease peers. This is because cannabis operators have had to pay something known as “280e taxes,” which essentially means that they pay income tax rates based on gross profits (recall that 4-wall coverage adds back tax payments). That asterisk may soon be removed. Medical cannabis has recently been rescheduled to Schedule III , which means, in theory, that operators may no longer need to pay those 280e taxes. What’s more, a hearing has been scheduled for June to potentially reschedule cannabis for recreational sales as well. 2026 Q1 P...
China’s hypercompetitive car market is squeezing profit margins and forcing global auto makers including Mercedes-Benz and BYD into an intensifying worldwide battle for market share.
China’s hypercompetitive car market is squeezing profit margins and forcing global auto makers including Mercedes-Benz and BYD into an intensifying worldwide battle for market share.
ablokhin/iStock Editorial via Getty Images $397 billion. That’s how much “Buffett cash” now sits on Berkshire Hathaway’s ( BRK.A )( BRK.B ) balance sheet after Greg Abel’s first quarter as CEO. Warren Buffett left $373 billion behind when he stepped down at the end of 2025. Three months later, after Abel’s debut earnings report on Saturday, the hoard had grown by another $24 billion. The figure is...
ablokhin/iStock Editorial via Getty Images $397 billion. That’s how much “Buffett cash” now sits on Berkshire Hathaway’s ( BRK.A )( BRK.B ) balance sheet after Greg Abel’s first quarter as CEO. Warren Buffett left $373 billion behind when he stepped down at the end of 2025. Three months later, after Abel’s debut earnings report on Saturday, the hoard had grown by another $24 billion. The figure is bigger than the GDP of Hong Kong or Norway. It exceeds the market value of every American corporation except a tiny handful of mega-cap names. And it earned roughly four to five percent in Treasury bills while the S&P 500 ripped through three of its best consecutive years in modern history. That Buffett cash hoard has also created a lot of speculation, innuendo, and assumptions, which is what I want to walk through in today’s discussion. Primarily, what that cash hoard actually represents, the popular theories explaining it, and what it really costs shareholders to hold. The headline cash hoard number is striking on its own. Berkshire Hathaway ended Q1 2026 with a record $397.4 billion in cash and short-term Treasury bills, surpassing the prior $381.7 billion peak set in Q3 2025 and adding another $24 billion to what Buffett left behind. Of that, roughly $52 billion sits in plain cash and equivalents, with the bulk parked in Treasury bills earning short-term yields. By the time Abel released his first quarterly print on May 2, Berkshire was one of the largest holders of US Treasury debt in the world. This wasn’t an accident. Between 2022 and 2024, Berkshire sold a net $172.93 billion in equities, with $134.1 billion of that coming in 2024 alone. Buffett trimmed his Apple ( AAPL ) position from nearly 50% of the equity portfolio down to roughly 22%. He cut Bank of America ( BAC ) by more than half. Berkshire stopped repurchasing its own shares for nearly two years, sitting out twenty-one consecutive months as the stock traded above what Buffett considered its intrinsic valu...