Wirestock/iStock via Getty Images Mercury General ( MCY ): It is a hate/love story. Or to be more precise, a dislike/like story, as hating a company feels a bit harsh. Mercury General is the metaphor of the phoenix, reborn from its ashes. Some of my readers know I like using metaphors for comparing insurers. I have compared Aflac ( AFL ) with Uncle Scrooge ; I paraphrased Lemonade ( LMND ) with a ...
Wirestock/iStock via Getty Images Mercury General ( MCY ): It is a hate/love story. Or to be more precise, a dislike/like story, as hating a company feels a bit harsh. Mercury General is the metaphor of the phoenix, reborn from its ashes. Some of my readers know I like using metaphors for comparing insurers. I have compared Aflac ( AFL ) with Uncle Scrooge ; I paraphrased Lemonade ( LMND ) with a fable from Jean de la Fontaine. I consider that the insurance industry is viewed as boring enough to not overcomplicate it and add a small touch of "unboring" humor. The comparison with the phoenix is almost perfect for Mercury. Last year, amid the deadly and massive wildfires in California, the company's stock price plunged, as the market feared that the company would collapse. It did not. It survived. It became stronger. And my view on the company changed as well . Following the loss of its dividend aristocrat status in 2022, the company made the necessary changes to remediate its insurance book. In 2025, the company posted a pre-tax underwriting income of $203.9 million, aligned with 2024 performance, despite higher catastrophe losses. 2025 Annual Report - Mercury General This stability was proof of regained underwriting discipline, as the insurer was able to offset the unpredictable losses from the wildfires by steady underwriting actions. Over the past two quarters, I have become bullish on Mercury. The key drivers behind my upgrade were the following: Mercury managed to remediate the portfolio, resulting in underwriting gains in 2024 and 2025. The dividend was not raised, helping preserve the company's financial solvency. An additional catalyst could have been a takeover offer from a larger competitor, as the largest shareholder was over 100 year old. Still, this scenario was unlikely, as interested parties could have acquired Mercury in 2022, when the company was struggling more. Q1 2026 results , were additional proof that the company is back on track. Q1 2026: Norm...
If you're searching for stocks that the market might be overlooking, Roku (NASDAQ: ROKU) and Spotify Technology (NYSE: SPOT) are two promising candidates. These companies enjoy solid competitive positions in digital entertainment and posted solid financial results to start the year. Here's why I think these discounted growth stocks are worth buying right now. Image source: Getty Images. Continue r...
If you're searching for stocks that the market might be overlooking, Roku (NASDAQ: ROKU) and Spotify Technology (NYSE: SPOT) are two promising candidates. These companies enjoy solid competitive positions in digital entertainment and posted solid financial results to start the year. Here's why I think these discounted growth stocks are worth buying right now. Image source: Getty Images. Continue reading
imaginima/iStock via Getty Images Introduction Today I want to write about a small-cap Swedish company. And if you have followed the Scandinavian retail market over the past few weeks, you probably already know which company I am talking about. Indeed, it is Sivers Semiconductors ( SIVEF ). Why, you may ask? Good question! I myself am somewhat surprised to find myself writing about a company that ...
imaginima/iStock via Getty Images Introduction Today I want to write about a small-cap Swedish company. And if you have followed the Scandinavian retail market over the past few weeks, you probably already know which company I am talking about. Indeed, it is Sivers Semiconductors ( SIVEF ). Why, you may ask? Good question! I myself am somewhat surprised to find myself writing about a company that has become so hyped, largely driven by a popular X account with a rather impressive track record writing extensively about this small Swedish company. I usually stay away from hyped stocks, as it is simply not in my DNA as an investor to chase momentum-driven stories. But out of pure curiosity, I found myself digging deeper into the company. And to my surprise, I discovered that there might actually be quite a lot of meat to the bone. So much, in fact, that I decided to take a position despite the stock having already rallied more than 900% year to date. And in this article, I want to explain why. Who is this company, and why have I never heard of it? Sivers Semiconductors was founded in 1951 and for most of its history has focused on producing basic microwave and radio-frequency components for industrial and telecom applications. In its entire history it has never achieved more than $40 million in annual revenue. A major strategic shift happened in 2017 when management decided to acquire an indium photonics business , which added laser technology to its existing business line. This laid the foundation for what today has become the most important growth opportunity of the company. Company Presentation (Sivers Investor Relations) Sivers' semiconductor business can now be grouped into two segments: Photonics, focused on developing indium phosphide (InP)-based semiconductor lasers and optical components that enable data transmission using light instead of electrical signals. These components can be found in cloud and AI data centers and network systems that require fast and st...
pingingz/iStock via Getty Images As with all the AI data center plays, TeraWulf Inc. ( WULF ) just entered the execution phase. The company has a lineup of data center capacity and a couple of major customers, but now TeraWulf has to start executing on turning those contracts into cash flows. My investment thesis remains ultra Bullish on the stock with a big revenue ramp coming through 2027, even ...
pingingz/iStock via Getty Images As with all the AI data center plays, TeraWulf Inc. ( WULF ) just entered the execution phase. The company has a lineup of data center capacity and a couple of major customers, but now TeraWulf has to start executing on turning those contracts into cash flows. My investment thesis remains ultra Bullish on the stock with a big revenue ramp coming through 2027, even after TeraWulf doubled since the start of April. Source: Finviz Transition Phase As with the other AI data center operators transitioning from bitcoin miners, TeraWulf still reports mixed results due to the dip in digital asset revenue (bitcoin mining). The company reported Q1'26 revenue of $34.0 million, actually down from $34.4 million in the prior March quarter. Source: TeraWulf Q1'26 earnings release The key HPC lease revenue grew to $21.0 million, up from nothing in the prior year. Investors should focus squarely on this number and the ability of management to turn this revenue into positive cash flows. Even more confusing, TeraWulf reported a massive loss of $427.6 million in the quarter while the adjusted EBITDA loss was only $4.1 million. The company was hit with a massive warrant-related loss and $101.4 million in stock-based compensation covering $317.7 million of the loss. Ultimately what matters is the path to commercialization for the $17+ billion of contracts in hand and the potential to grow the customer base with additional capacity. TeraWulf has now lined up 2.3 GW of monetizable critical IT load with only 522 MW under contract. Source: TeraWulf Q1'26 presentation As the above chart highlights, the addition of Justified Data in Kentucky and Chesapeake Data in Maryland helps provide a path to quadruple the order backlog. The company has made the big move by repurposing legacy industrial sites to offer TeraWulf quick access to additional power and an expansion pipeline. Path Higher The stock currently has a market cap of $11.5 billion after doubling off the l...
NPR's Elissa Nadworny talks to Mehrzad Boroujerdi of the Missouri University of Science and Technology about the status of the Trump Administration's negotiations to end the war on Iran.
NPR's Elissa Nadworny talks to Mehrzad Boroujerdi of the Missouri University of Science and Technology about the status of the Trump Administration's negotiations to end the war on Iran.
narvo vexar/iStock via Getty Images Ambiq Micro ( AMBQ ), a designer of power-efficient semiconductor solutions with a focus on artificial intelligence or AI at the edge, was down substantially for the year as recently as the start of April, but a powerful rally in the following weeks erased all losses and then some. AMBQ got a lift from a rally in semiconductor stocks, but it is doubtful the stoc...
narvo vexar/iStock via Getty Images Ambiq Micro ( AMBQ ), a designer of power-efficient semiconductor solutions with a focus on artificial intelligence or AI at the edge, was down substantially for the year as recently as the start of April, but a powerful rally in the following weeks erased all losses and then some. AMBQ got a lift from a rally in semiconductor stocks, but it is doubtful the stock would have gotten as far as it has without the assistance of AI, or more specifically investor enthusiasm for potential AI plays, a label that can be applied to AMBQ. However, AMBQ will need to back up the AI thesis with strong growth numbers to keep the rally going longer term and to validate the higher valuations resulting from the increase in the stock price. AMBQ has arguably yet to do enough of this, which may become an issue with AMBQ scheduled to release its next quarterly report on May 12. AMBQ goes public at a favorable time The rise of AI has meant a rise in the need for computing power due to all the computations required for AI. This increase in demand has so far been mostly concentrated in server GPUs, and server CPUs to a lesser extent, due to large language models requiring heavy doses of compute for training and inference. The use of AI in centralized locations, specifically datacenters, has surged, but less pronounced has been AI at the edge, or the use of AI in local devices. However, the use of AI is likely to spread beyond datacenters and into local devices, which is where a company like AMBQ has the potential to make its presence felt. AMBQ designs MCUs and SoCs that are very efficient in terms of power consumption using proprietary SPOT technology, while still offering substantial computational power. On paper this means they could be used in various devices, including wearables where both attributes are needed. The stock has not done all that well in the past year Still, it needs mentioning that the reason why AMBQ does not have much of a track reco...