IREN (NasdaqGS:IREN) has agreed to acquire Spain based data center developer Nostrum Group. The deal marks IREN's first entry into Europe and adds nearly 500MW to its secured power and development pipeline. Nostrum Group brings on the ground development teams in Spain to support IREN's expansion plans. IREN has been known primarily as a Bitcoin miner, and more recently for its push into AI infrast...
IREN (NasdaqGS:IREN) has agreed to acquire Spain based data center developer Nostrum Group. The deal marks IREN's first entry into Europe and adds nearly 500MW to its secured power and development pipeline. Nostrum Group brings on the ground development teams in Spain to support IREN's expansion plans. IREN has been known primarily as a Bitcoin miner, and more recently for its push into AI infrastructure through deals such as the Mirantis partnership, Sweetwater 1 energization, and work...
One of the best dividend stocks for almost 60 years has been Hormel Foods (NYSE: HRL) . The maker of Spam, Skippy Peanut Butter, Hormel Chili, Black Label Bacon, Planters Nuts, Jennie-O Turkey products, and various other food items has been a staple in consumers' kitchens for decades. Its roots date back to 1891, and Hormel has been a public company since 1928. And for the last 59 years in a row, ...
One of the best dividend stocks for almost 60 years has been Hormel Foods (NYSE: HRL) . The maker of Spam, Skippy Peanut Butter, Hormel Chili, Black Label Bacon, Planters Nuts, Jennie-O Turkey products, and various other food items has been a staple in consumers' kitchens for decades. Its roots date back to 1891, and Hormel has been a public company since 1928. And for the last 59 years in a row, Hormel has increased its dividend payout, making it a Dividend King . It's also the best dividend stock to buy this month. Here are three reasons why. Continue reading
cherdchai chawienghong/iStock via Getty Images Investment Outlook ServiceTitan ( TTAN ) continues to ramp its Max AI platform amid increasing client demand. I previously analyzed TTAN in November 2024 during its IPO launch on high revenue growth amid operating losses. While near-term profitability needs improvement, TTAN appears well-positioned to thrive in an uncertain AI era. My outlook on TTAN ...
cherdchai chawienghong/iStock via Getty Images Investment Outlook ServiceTitan ( TTAN ) continues to ramp its Max AI platform amid increasing client demand. I previously analyzed TTAN in November 2024 during its IPO launch on high revenue growth amid operating losses. While near-term profitability needs improvement, TTAN appears well-positioned to thrive in an uncertain AI era. My outlook on TTAN is a Buy at its current share price of around $65.30. ServiceTitan’s Market And Approach TTAN provides an integrated construction trade business and management software platform to companies located primarily in the U.S. The company is led by co-founder, Chairman and Chief Executive Officer Ara Mahdessian, who has been with the firm since its founding in June 2007. TTAN’s main software offerings include the following: ERP CRM Field Service HCM Marketing Bidding Scheduling Transactions Reporting ServiceTitan sells its platform to various client types, from small contractors to large enterprises, in residential and/or commercial construction trades. According to a 2026 Fortune Business Insights market research report , the worldwide construction software market was an estimated $10.8 billion in 2025 and was expected to exceed $24.7 billion by 2034. If achieved, this growth would represent a CAGR (Compound Annual Growth Rate) of 9.7% from 2026 to 2034. The main drivers for this projected growth are continued urban development, growing adoption of cloud-based platforms, digital transformation of the construction sector and automation of manual processes to produce greater efficiency in construction operations. Various competitors or other industry players include the following companies: Salesforce ( CRM ) SAP SE ( SAP ) Workwave FieldEdge ServiceTrade AccuLynx BuildOps Jobber HouseCall Pro JobNimbus Generative AI technologies are also being increasingly integrated into construction software systems, as vendors seeks to improve the processing of unstructured data to improve pro...
随着Jane Street Group进一步巩固其在华尔街顶尖交易机构中的地位，该公司一季度交易收入达到161亿美元，创历史新高，且是2025年同期收入的两倍多。 据知情人士透露，由于涉及机密信息，Jane Street第一季度的净利润也比去年同期翻了一番，达到103亿美元。其业绩主要受中频策略驱动，即由机器驱动、持仓时间为几天或几周的头寸。公司的收入还受益于对人工智能和科技公司的长期私人投资。 ...
随着Jane Street Group进一步巩固其在华尔街顶尖交易机构中的地位，该公司一季度交易收入达到161亿美元，创历史新高，且是2025年同期收入的两倍多。 据知情人士透露，由于涉及机密信息，Jane Street第一季度的净利润也比去年同期翻了一番，达到103亿美元。其业绩主要受中频策略驱动，即由机器驱动、持仓时间为几天或几周的头寸。公司的收入还受益于对人工智能和科技公司的长期私人投资。 Jane Street的行业排名持续攀升。2025年，该做市商曾创下396亿美元交易收入的纪录，其表现已经超越了高盛和摩根大通等主要的华尔街同行。（彭博）
AAON's first-quarter earnings were simply outstanding, and the company is becoming a key picks-and-shovels investment in the booming data center build-out.
AAON's first-quarter earnings were simply outstanding, and the company is becoming a key picks-and-shovels investment in the booming data center build-out.
The European Central Bank is “highly vigilant” to rising inflation risks due to the Iran war and will act as needed to prevent higher energy costs spilling over into prices more broadly, Governing Council member Joachim Nagel said. While the medium-term impact of the conflict on inflation “remains difficult to assess” and the ECB’s wait-and-see approach is intended to provide greater clarity, the ...
The European Central Bank is “highly vigilant” to rising inflation risks due to the Iran war and will act as needed to prevent higher energy costs spilling over into prices more broadly, Governing Council member Joachim Nagel said. While the medium-term impact of the conflict on inflation “remains difficult to assess” and the ECB’s wait-and-see approach is intended to provide greater clarity, the Bundesbank president stressed that policymakers are ready to respond. “The Governing Council is aware of the increasing risks to price stability and is highly vigilant,” he said Friday in Darmstadt, Germany. “We’ll do whatever is necessary to ensure that the energy-driven rise in prices doesn’t spread and become entrenched.” After last week’s decision to keep interest rates unchanged , Nagel has said several times that a hike at the next meeting in June is likely unless the outlook for inflation improves markedly. Some of his colleagues have struck a similar tone, while others are more cautious. Executive Board member Isabel Schnabel said Thursday that the ECB will have to increase borrowing costs if the Iran war leaves a more lasting mark on inflation, adding that the risk of second-round effects threatening medium-term price stability “has increased in recent weeks.” Turning to the German economy, Nagel said it should be a “warning sign” that Bundesbank experts now expect potential annual growth of only about 0.4% over the coming years. “To secure our model of prosperity in the long term, reforms are needed in many areas: strengthening the labor force, improving conditions for investment, and providing greater support for innovation,” he said. Schnabel Says ECB Will Need to Hike If Energy Shock Broadens ECB’s Cipollone Says Likelihood of Interest-Rate Hike Rising ECB Rate Hike in June Is ‘All But Inevitable,’ Kazimir Says
Luis Alvarez Meta Platforms ( META ) and Micron Technology ( MU ) have received upgrades, with Seeking Alpha analysts pointing to attractive valuations following pullbacks and the ongoing AI-driven memory supercycle, respectively. On the downgrade side, Advanced Micro Devices ( AMD ) has been cut to Sell by James Foord, who argues the stock’s valuation has become stretched relative to Nvidia despi...
Luis Alvarez Meta Platforms ( META ) and Micron Technology ( MU ) have received upgrades, with Seeking Alpha analysts pointing to attractive valuations following pullbacks and the ongoing AI-driven memory supercycle, respectively. On the downgrade side, Advanced Micro Devices ( AMD ) has been cut to Sell by James Foord, who argues the stock’s valuation has become stretched relative to Nvidia despite lower margins. Domino’s Pizza ( DPZ ) also received a downgrade as slowing sales and an intensifying promotional environment weigh on the pizza chain’s outlook. Upgrades Meta Platforms ( META ): Upgrade Hold to Buy by Daniel Schönberger . The analyst cites a 9% share price pullback as a favorable entry point, with intrinsic value estimated at $640.11 per share despite concerns about advertising market saturation. “In the last 15 years, Meta Platforms was extremely profitable with its model of generating advertising revenue. This also led to high growth rates for the business and the company grew its revenue with a CAGR of 27.34% in the last ten years. Meta Platforms is one of the three major global advertising companies in the world and was already close to $200 billion in annual revenue in early 2025.” Micron Technology ( MU ): Upgrade Hold to Buy by Hunting Alphas . The analyst argues the market continues to underestimate the longevity of the AI memory supercycle, with strategic customer agreements driving structurally higher margins. “The technical setup on the MU chart is very clearly bullish. The stock has recently broken out of a nice, re-accumulating base as well. I believe we are still early into the next uptrend phase because consolidating bases establish new levels of equilibrium, thus serving as resets in trend momentum's overextensions.” Downgrades Advanced Micro Devices ( AMD ): Downgrade Buy to Sell by James Foord . Despite AMD’s gains in market share and recognition as a true Nvidia competitor, the analyst believes the stock is overbought with valuations n...
Journey Energy Inc. press release ( JOY:CA ): Q1 GAAP EPS of -$0.09. 2026 Updated Guidance March 11, 2026 Guidance Annual average daily sales volumes 10,800-11,200 boe/d (62% crude oil & NGL's) 10,800-11,200 boe/d (61% crude oil & NGL's) Exit average daily sales volumes 11,000-12,000 boe/d (62% crude oil & NGL's) 11,000-12,000 boe/d (61% crude oil & NGL's) Capital spending $80-$90 million $70-85 m...
Journey Energy Inc. press release ( JOY:CA ): Q1 GAAP EPS of -$0.09. 2026 Updated Guidance March 11, 2026 Guidance Annual average daily sales volumes 10,800-11,200 boe/d (62% crude oil & NGL's) 10,800-11,200 boe/d (61% crude oil & NGL's) Exit average daily sales volumes 11,000-12,000 boe/d (62% crude oil & NGL's) 11,000-12,000 boe/d (61% crude oil & NGL's) Capital spending $80-$90 million $70-85 million Asset retirement spending $7 million $7.7 million Click to enlarge More on Journey Energy Inc. Financial information for Journey Energy Inc.
Two Harbors Investment ( TWO ) agreed to an amended merger agreement with CrossCountry Mortgage, increasing the all-cash deal to $12 a share from $11.30. “We are raising our all-cash offer to $12.00 per share, which represents a compelling outcome for TWO stockholders and would reflect one of the highest multiples paid for a mortgage REIT,” said Ron Leonhardt , Founder and CEO of CrossCountry Mort...
Two Harbors Investment ( TWO ) agreed to an amended merger agreement with CrossCountry Mortgage, increasing the all-cash deal to $12 a share from $11.30. “We are raising our all-cash offer to $12.00 per share, which represents a compelling outcome for TWO stockholders and would reflect one of the highest multiples paid for a mortgage REIT,” said Ron Leonhardt , Founder and CEO of CrossCountry Mortgage, in a statement. The raised bid comes after CrossCountry had already raised its previous offer to $11.30 from $10.80 in the face of a takeover battle for the company with UWM Holdings ( UWMC ). The mortgage servicing rights-focused REIT had already agreed to be acquired by UWM in an all-stock deal that valued each share of TWO at $11.94 in December 2025. The Two Harbors ( TWO ) deal is expected to close in Q3 with receipt of required regulatory approvals, including 35 of 53 state mortgage licensing filings already obtained. The shareholder vote is scheduled for May 19. As previously disclosed, prior to the closing of the Two Harbors deal, TWO intends to pay regular quarterly dividends in the ordinary course consistent with past practice for all completed quarterly periods. Shares of Two Harbors ticked higher by 1.2% on Friday. More on Two Harbors Investment Two Harbors Investment Corp. (TWO) Q1 2026 Earnings Call Transcript Two Harbors Investment Corp. 2026 Q1 - Results - Earnings Call Presentation The Best Choice When It Comes To Two Harbors Preferred Equity Two Harbors board rejects UWM Holdings revised offer Two Harbors outlines $11.30-per-share CrossCountry deal expected to close in the second half of 2026
A breach of a third-party online platform that is widely used by primary schools and colleges has disrupted classes and finals just as the academic year is coming to a close. The University of Illinois , Virginia Tech and Southern Methodist University are among those that have postponed finals because of the cyberattack. The attack targeted a platform called Canvas that students use for everything...
A breach of a third-party online platform that is widely used by primary schools and colleges has disrupted classes and finals just as the academic year is coming to a close. The University of Illinois , Virginia Tech and Southern Methodist University are among those that have postponed finals because of the cyberattack. The attack targeted a platform called Canvas that students use for everything from accessing course materials, turning in assignments and checking grades. Instructure Inc. , which operates Canvas, said it was forced to suspend the service after a May 1 infiltration by a “criminal threat actor.” The perpetrators exploited a vulnerability in a specific account for teachers, an Instructure spokesperson said in an emailed statement, gaining unauthorized access to some of its websites. The company, owned by KKR & Co. , said it had restored much of the service Thursday, though it’s suspended the teacher accounts for now. However, the Canvas platform still wasn’t back online on Friday at some universities, according to representatives and faculty. Some colleges warned that student information might have been accessed. Yale University said on its website that the incident involved unauthorized access to user data in Canvas, potentially including names, email addresses and messages sent through the system. Stanford University said certain identifying information including names, email addresses, student identification numbers and messages between users might have been compromised. Schools around the world, including in Norway and Australia, reported problems, and Columbia University and Princeton University were among the universities experiencing issues. Some Instructure’s K-12 school customers and districts were also affected, including Hillsborough County Public Schools, which includes Tampa, according to a spokesperson. New York City Public Schools, the largest K-12 district in the US with about 1 million students, has seven schools impacted by the Canva...
Earnings Call Insights: Granite Ridge Resources (GRNT) Q1 2026 Management view "We delivered strong operational execution in the first quarter, 18% production growth year-over-year to 34,500 barrels of oil equivalent per day and adjusted EBITDAX of $71 million" (CEO & President Tyler Farquharson), while also flagging two headwinds: "lease operating expense and continued Waha weakness." Farquharson...
Earnings Call Insights: Granite Ridge Resources (GRNT) Q1 2026 Management view "We delivered strong operational execution in the first quarter, 18% production growth year-over-year to 34,500 barrels of oil equivalent per day and adjusted EBITDAX of $71 million" (CEO & President Tyler Farquharson), while also flagging two headwinds: "lease operating expense and continued Waha weakness." Farquharson said the company’s opportunity set "has improved materially since we set guidance in March," pointing to accelerating activity in the Utica and incremental operator-partnership opportunities, including "a Permian Basin opportunity with a major operator who is seeking to grow near-term production, but is budget constrained" and describing the project economics as "55% IRR and 2.4 [ MOI ] at strip" (CEO & President Farquharson). "For the first quarter, oil and natural gas sales totaled $128.3 million" and "Adjusted EBITDAX for the quarter was $71 million, and net cash provided by operating activities was $58.3 million" (Chief Financial Officer R. Kettler), with GAAP results pressured by hedging: "we recorded a net loss of $47 million or $0.36 per diluted share" driven by "a $72 million loss on derivatives" (CFO Kettler). Outlook "On guidance, we are making two changes today" (CEO & President Farquharson): "We are raising the full year LOE guidance range to $7.75 to $8.75 per BOE" and "we are increasing acquisition capital by $25 million at the midpoint," while "Development capital guidance is unchanged at $300 million to $330 million, resulting in total capital guidance of $345 million to $385 million" (CEO & President Farquharson). "Production guidance remains 34,000 to 36,000 BOE per day, and we believe we are on track to meet or exceed the midpoint" (CEO & President Farquharson). Compared with the prior quarter’s call, the company kept the same production and development capital ranges but increased the total capital range via higher acquisition capital and raised the LOE...
Earnings Call Insights: Inogen (INGN) Q1 2026 Management view "Q1 came in at $85.1 million in total revenue, representing 3.4% year-over-year growth ahead of our expectations" (President, CEO & Director Kevin Smith). "International sales were the clear standout in Q1" and "Revenue of $37.7 million represented 18% year-over-year growth" (President, CEO & Director Smith). "U.S. sales were $34.7 mill...
Earnings Call Insights: Inogen (INGN) Q1 2026 Management view "Q1 came in at $85.1 million in total revenue, representing 3.4% year-over-year growth ahead of our expectations" (President, CEO & Director Kevin Smith). "International sales were the clear standout in Q1" and "Revenue of $37.7 million represented 18% year-over-year growth" (President, CEO & Director Smith). "U.S. sales were $34.7 million in the quarter" and "we estimate roughly 60% of new long-term oxygen therapy patients start in a POC" (President, CEO & Director Smith). "We launched the Aurora CPAP mask family in the United States this quarter, and the early read is highly encouraging" and "We will be presenting the full results of that study at Sleep 2026 in Baltimore this June" (President, CEO & Director Smith). "In this quarter, we crossed major milestones" and "We began patient enrollment in IMPACTS-200, our first reimbursement trial for Simeox" (President, CEO & Director Smith). "Total revenue for the first quarter was $85.1 million, an increase of 3.4% from the prior year period" and "foreign exchange had a positive 460 basis point impact on total revenue" (CFO, Executive VP & Treasurer Jason Richardson). "We began execution of our stock repurchase program" and "We purchased approximately 298,000 shares of our common stock for consideration of nearly $1.9 million" (CFO Richardson). Outlook "We are reaffirming our 2026 revenue guidance of $366 million to $373 million" and "For the second quarter of 2026, we expect reported revenue in the range of $94 million to $97 million" (CFO Richardson). "That guidance reflects continued trends in our core POC business, a growing contribution from international sales, the scaling of Aurora and Voxi 5, particularly in the second half, partially offset by continued mix pressures in our D2C and rental channels" (CFO Richardson). Compared with the prior call’s framing that "we expect to drive stronger growth in the back half versus the first half of 2026" (Execut...
Saudi startup Ninja has picked a roster of banks to work on a potential initial public offering in Riyadh, according to people familiar with the matter, pressing ahead with listing plans despite lingering uncertainty over the war in Iran. The quick-delivery firm has lined up Citigroup Inc. , Goldman Sachs Group Inc. , Riyad Capital and UBS Group AG for a possible offering toward the end of the yea...
Saudi startup Ninja has picked a roster of banks to work on a potential initial public offering in Riyadh, according to people familiar with the matter, pressing ahead with listing plans despite lingering uncertainty over the war in Iran. The quick-delivery firm has lined up Citigroup Inc. , Goldman Sachs Group Inc. , Riyad Capital and UBS Group AG for a possible offering toward the end of the year or in early 2027, the people said, asking not to be identified discussing confidential information. The company is seeking to raise about $1 billion from the deal, some of the people said. The plans remain preliminary, and Ninja could still pursue alternatives including a private capital raise if executives decide against moving ahead with an IPO in the near term, the people said. Representatives for Ninja, Goldman, Citi, UBS and Riyad Capital declined to comment. Ninja is picking banks for the IPO against the backdrop of a fragile monthlong US-Iran ceasefire. The company gauged investor appetite earlier in March, including at a conference in London, when Saudi Arabia and other Gulf states were facing Tehran’s retaliation for US-Israeli strikes on the Islamic Republic. The firm raised $250 million in 2025 from a group of local investors led by Riyad Capital, in a deal that valued it at $1.5 billion . Bloomberg News previously reported that Ninja generated about $1 billion in revenue last year and is targeting roughly $1.6 billion in 2026. Read More: Saudi Quick Delivery Startup Ninja Said to Seek Banks for IPO Listing volumes across the Gulf have slumped this year, a slowdown that began even before the conflict. Saudi Arabia’s stock market, however, has proved relatively resilient, helped by higher oil prices that have lifted key stocks such as Aramco and by the kingdom’s lower exposure to Iranian missile strikes compared with the neighboring United Arab Emirates. Several Saudi companies are still moving ahead with listing plans, including an IT services firm that recentl...