Fans need a Philadelphia ZIP Code to buy tickets to the Sixers-Knicks playoff series in Philly this weekend. One man told MarketWatch he’s helping out-of-towners because “it’s part of being a fan.”
Fans need a Philadelphia ZIP Code to buy tickets to the Sixers-Knicks playoff series in Philly this weekend. One man told MarketWatch he’s helping out-of-towners because “it’s part of being a fan.”
KeyBanc analyst Eric Gonzalez lowered his price target on McDonald’s (NYSE:MCD) to $330 from $345 while maintaining an Overweight rating. The price target cut follows McDonald’s Q1 2026 earnings and reflects April softness that the firm characterized as “likely transitory” due largely to a tough year-over-year (YoY) comparison. For prudent investors, this analyst downgrade reads ... KeyBanc Cuts M...
KeyBanc analyst Eric Gonzalez lowered his price target on McDonald’s (NYSE:MCD) to $330 from $345 while maintaining an Overweight rating. The price target cut follows McDonald’s Q1 2026 earnings and reflects April softness that the firm characterized as “likely transitory” due largely to a tough year-over-year (YoY) comparison. For prudent investors, this analyst downgrade reads ... KeyBanc Cuts McDonald’s Price Target to $330 as April Softness Tests the Recovery Thesis
Mercadolibre (NASDAQ: MELI) stock tumbled 11% through 11:10 a.m. ET Friday after reporting mixed earnings for Q1 2026 last night. Analysts had forecast the Latin American e-commerce giant would earn $9.37 per share on $8.3 billion in sales. Mercadolibre beat the sales forecast with $8.8 billion in revenue, but whiffed on earnings -- just $8.23 per share. Image source: Getty Images. Continue readin...
Mercadolibre (NASDAQ: MELI) stock tumbled 11% through 11:10 a.m. ET Friday after reporting mixed earnings for Q1 2026 last night. Analysts had forecast the Latin American e-commerce giant would earn $9.37 per share on $8.3 billion in sales. Mercadolibre beat the sales forecast with $8.8 billion in revenue, but whiffed on earnings -- just $8.23 per share. Image source: Getty Images. Continue reading
美军中央司令部8日发布消息说，美军当天在阿曼湾向两艘“违反美国封锁令”的伊朗油轮发射精确制导弹药，使其丧失航行能力。在美军发布消息5小时前，记者获得这两艘油轮遭袭并请求援助的无线电录音。消息说，美军当天针对两艘悬挂伊朗国旗的空载油轮“SEA STAR III”号和“SEVDA”号实施了封锁措施，这两艘油轮当时正试图驶入阿曼湾一个伊朗港口。一架隶属于“布什”号航空母舰的美国海军F/A-18“超级大黄...
美军中央司令部8日发布消息说，美军当天在阿曼湾向两艘“违反美国封锁令”的伊朗油轮发射精确制导弹药，使其丧失航行能力。在美军发布消息5小时前，记者获得这两艘油轮遭袭并请求援助的无线电录音。消息说，美军当天针对两艘悬挂伊朗国旗的空载油轮“SEA STAR III”号和“SEVDA”号实施了封锁措施，这两艘油轮当时正试图驶入阿曼湾一个伊朗港口。一架隶属于“布什”号航空母舰的美国海军F/A-18“超级大黄蜂”战斗机向这两艘油轮的烟囱发射了精确制导弹药，使其丧失航行能力。（新华社）
Contrary to conventional wisdom, not all commodity futures markets operate the same way. In the West, bullion markets are based on a credit model, where customers hold paper claims on the clearing bank, such as the UK London Bullion Market Association (LBMA) or the US COMEX (CME Group). Historically, 99% of transactions settle as bookkeeping ... How far can COMEX move the goalposts until they run ...
Contrary to conventional wisdom, not all commodity futures markets operate the same way. In the West, bullion markets are based on a credit model, where customers hold paper claims on the clearing bank, such as the UK London Bullion Market Association (LBMA) or the US COMEX (CME Group). Historically, 99% of transactions settle as bookkeeping ... How far can COMEX move the goalposts until they run out of playing field?
Wedbush raised its price target on Apple (NASDAQ:AAPL) to $400 from $350, with analyst Daniel Ives keeping an Outperform rating and calling the company “the sleeping tech giant about to see a major inflection point.” Ives estimates that roughly 20% of the world’s population will access AI through an Apple device over the coming years, ... Wedbush Hikes Apple Price Target to $400: AI Inflection Poi...
Wedbush raised its price target on Apple (NASDAQ:AAPL) to $400 from $350, with analyst Daniel Ives keeping an Outperform rating and calling the company “the sleeping tech giant about to see a major inflection point.” Ives estimates that roughly 20% of the world’s population will access AI through an Apple device over the coming years, ... Wedbush Hikes Apple Price Target to $400: AI Inflection Point Could Reach 20% of the World
WANAN YOSSINGKUM/iStock via Getty Images Despite the Strait of Hormuz still remaining effectively closed for 10 weeks now, stocks remain in rally mode. The S&P 500 is up just over 16% from its March 30th lows. The NASDAQ is roughly up a quarter. A huge chunk of this rise has been powered by better-than-expected Q1 results from chip stocks like Intel ( INTC ), NVIDIA Corp. ( NVDA ) and Advanced Mic...
WANAN YOSSINGKUM/iStock via Getty Images Despite the Strait of Hormuz still remaining effectively closed for 10 weeks now, stocks remain in rally mode. The S&P 500 is up just over 16% from its March 30th lows. The NASDAQ is roughly up a quarter. A huge chunk of this rise has been powered by better-than-expected Q1 results from chip stocks like Intel ( INTC ), NVIDIA Corp. ( NVDA ) and Advanced Micro Devices, Inc. ( AMD ) as well as AI-related concerns like Datadog, Inc. ( DDOG ) . SOX Stock Chart (Seeking Alpha) The Philadelphia Semiconductor Index ( SOX ) is up an incredible 60% from its lows in March. Ironically, the semiconductor industry is adversely impacted from global supplies of helium being constrained by the conflict in the Middle East. Roughly one third of global helium supplies go through the Strait of Hormuz. Helium is a critical component for semiconductor manufacturing. Meanwhile, the U.S. had GDP growth of just .5% in Q4 and an initial reading of two percent for Q1. A huge slowdown from the over four percent growth in Q2 and Q3. The housing sector remains moribund ; the jobs market has been anemic since the start of 2025 and layoffs are rising with major reductions in force recently being announced at USPS, Meta Platforms ( META ), Oracle ( ORCL ) , and Block ( XYZ ) , while inflation levels have risen recently. BEA Simply put, investors seem to be ' betting on the come ', despite equities already trading at already historically high valuation levels. The market has chosen to rally around three key assumptions that may or may not play out in the months ahead. In today's column, I look at these in more detail. Shiller PE Ratio (Multpl) The Iranian Conflict Ends Soon: The last part of this equity rally has been driven that the U.S. and Iran are close to reaching a compact that ends this conflict and reopens the critical global chokepoint of the Strait of Hormuz. This agreement would consist of some key items. Iran would agree to a moratorium around its...
Carmaker Stellantis announced Friday it is considering selling an underutilised factory in Spain to its Chinese joint venture Leapmotor, which could save jobs in the short term but risks further strengthening Chinese automakers.The Stellantis announcement, however, is the first time a European automaker has so openly presented such collaboration on producing models with a Chinese partner.
Carmaker Stellantis announced Friday it is considering selling an underutilised factory in Spain to its Chinese joint venture Leapmotor, which could save jobs in the short term but risks further strengthening Chinese automakers.The Stellantis announcement, however, is the first time a European automaker has so openly presented such collaboration on producing models with a Chinese partner.
Earnings Call Insights: Burford Capital (BUR) Q1 2026 Management View "Burford is the clear acknowledged market leader in a growing, high-return, uncorrelated industry" (CEO Christopher Bogart), while emphasizing that "The YPF loss is disappointing and it's something that we expect to turn around, but it is an entirely noncash event. And in fact, we have made a nice cash profit from it." (CEO Boga...
Earnings Call Insights: Burford Capital (BUR) Q1 2026 Management View "Burford is the clear acknowledged market leader in a growing, high-return, uncorrelated industry" (CEO Christopher Bogart), while emphasizing that "The YPF loss is disappointing and it's something that we expect to turn around, but it is an entirely noncash event. And in fact, we have made a nice cash profit from it." (CEO Bogart) "Later today, we're going to be filing our en banc petition" (CEO Bogart), adding, "statistically, that's something that is realistically difficult to obtain" and describing arbitration as "a very real alternative." (CEO Bogart) "We have, in fact, arbitrated successfully against Argentina before" and "Argentina loses very regularly when it goes to arbitration" (CEO Bogart), citing that "86% of the more than 50 cases brought against it have been -- have resulted in a pro investor outcome" and that "the vast, vast majority of arbitration awards are satisfied." (CEO Bogart) "We have applied our valuation policy, and we've taken a very substantial write down of the YPF asset value" (CEO Bogart), while stressing, "We've made a cash profit of more than $100 million" and warning that arbitration will be "kind of quiet" and "confidential." (CEO Bogart) "Our liquidity position is very strong" (CEO Bogart): "We consciously raised $500 million in January" and "we sit today with more than $700 million of cash in the bank." (CEO Bogart) "We now have a higher debt equity ratio than we would like, and we are going to work over time to address that" (CEO Bogart), including: "We've been in discussions with shareholders for several years about the dividend" and "we also reiterate our longstanding position that share repurchases are not appropriate at this point." (CEO Bogart) "We have announced this morning the departure of Craig Arnott, our CIO International" and "Travis Lenkner is going to become the Chief Operating Officer" (CEO Bogart) "New definitive commitments were $133 million" (...
Earnings Call Insights: Nu Skin Enterprises (NUS) Q1 2026 Management View CEO Ryan Napierski said Q1 was “in line with expectations for both revenue and adjusted earnings,” and framed the near-term focus as building toward “our plans of returning to growth in the second half of this year.” CEO Napierski positioned Prysm iO as central to the model shift, stating, “Prysm iO is not simply another pro...
Earnings Call Insights: Nu Skin Enterprises (NUS) Q1 2026 Management View CEO Ryan Napierski said Q1 was “in line with expectations for both revenue and adjusted earnings,” and framed the near-term focus as building toward “our plans of returning to growth in the second half of this year.” CEO Napierski positioned Prysm iO as central to the model shift, stating, “Prysm iO is not simply another product launch. It's a foundational platform,” and described near-term execution work as sales leaders transition “from social sellers to Beauty and Wellness consultants.” On early platform activity, CEO Napierski reported, “Since our initial introduction of Prysm last December, we've generated nearly 2 million scans from more than 30,000 Prysm iO devices around the globe,” and tied adoption to monetization, adding, “As Prysm iO adoption increases and more people are scanned, we expect subscriptions to increase.” Interim CFO Chelsea Lantz reported the quarter’s headline results and key exclusions: “For the first quarter, we delivered revenue of $320.6 million,” and “GAAP earnings per share were $0.04, while adjusted earnings per share were $0.14, excluding costs related to our decision to wind down our separate BeautyBio business and other charges.” CFO Lantz highlighted capital structure actions and shareholder returns: “During the quarter, we completed a refinancing of our credit facilities, extending maturities through 2031 and improving our overall cost of borrowing,” and “we returned approximately $8 million to shareholders during the quarter, comprised of $3 million in dividends and $5 million in share repurchases.” Outlook Management maintained its full-year view amid macro uncertainty: CFO Lantz said, “We are maintaining our annual guidance and expect to provide more clarity following the second quarter,” while noting the team is “mindful of potential inflationary pressures impacting consumer sentiment related to macro factors such as tariffs, recent fuel price increas...
Train operator will become 11th national service returned to public ownership since Labour was elected in 2024 Great Western Railway will be nationalised in December, the government has announced. The train service, which has been in private hands for 30 years, mainly run by First Group, will be the 11th train operator on the national railway brought back into public ownership . Continue reading.....
Train operator will become 11th national service returned to public ownership since Labour was elected in 2024 Great Western Railway will be nationalised in December, the government has announced. The train service, which has been in private hands for 30 years, mainly run by First Group, will be the 11th train operator on the national railway brought back into public ownership . Continue reading...
Earnings Call Insights: LENSAR (LNSR) Q1 2026 Management View CEO Nicholas Curtis framed Q1 as a reset after the terminated Alcon deal, saying, “Near the end of the first quarter, we turned the page, marking a new beginning for LENSAR as we exited the transaction-related holding pattern” and adding that “for the next several quarters, success won't be measured by any metric on our P&L, but rather ...
Earnings Call Insights: LENSAR (LNSR) Q1 2026 Management View CEO Nicholas Curtis framed Q1 as a reset after the terminated Alcon deal, saying, “Near the end of the first quarter, we turned the page, marking a new beginning for LENSAR as we exited the transaction-related holding pattern” and adding that “for the next several quarters, success won't be measured by any metric on our P&L, but rather by progress towards reestablishing the solid foundation and momentum for growth.” Curtis highlighted mix shift toward recurring revenue and slower placements, stating, “We generated total revenue of $13.4 million in the quarter, which was down about 5% from $14.2 million a year ago,” and added that “recurring revenue… was up $1.1 million, or 9%,… representing 94% of our total revenue for Q1 2026.” Curtis provided commercial and market share datapoints, saying, “We placed 7 ALLY systems during the quarter… with another 11 systems in backlog pending installation,” “we performed approximately 54,000 procedures in the first quarter,” and “our U.S. procedure market share at the end of the first quarter was 23.4%, consistent with reported market share on December 31.” CFO Thomas Staab emphasized the system sales drop and recurring revenue growth: “System revenue was approximately $800,000 this quarter compared with $2.6 million in the prior year quarter,” while “total recurring revenue [was] $12.6 million, up 9% from the $11.5 million in the prior year quarter.” Staab also disclosed leadership change, with Curtis noting, “after today's call, Tom will be leaving us,” and Staab closing, “LENSAR's future is bright, and I leave the organization in a strong position to reclaim the success we experienced in 2024.” Outlook Management did not provide formal financial guidance, with Curtis instead describing the pace of recovery: “it's going to take us the next couple of quarters,” and adding, “I really expect the next few quarters to be this like steady progress of rebuilding and improve...