Cummins —the dominant maker of diesel engine technology—finds itself, happily, caught up in the AI data-center boom. CEO Jennifer Rumsey’s company is no stranger to boom-bust business cycles, and she says it can navigate the swings in AI demand. Cummins’ AI-related business—supplying backup power for data centers—has sent the stock to levels not seen in a decade.
Cummins —the dominant maker of diesel engine technology—finds itself, happily, caught up in the AI data-center boom. CEO Jennifer Rumsey’s company is no stranger to boom-bust business cycles, and she says it can navigate the swings in AI demand. Cummins’ AI-related business—supplying backup power for data centers—has sent the stock to levels not seen in a decade.
AMD is looking to undercut Nvidia's flagship semi-professional AI developer hardware with its Ryzen AI Halo Developer Platform. After previewing its Ryzen AI 400 series at CES 2026, AMD today unveiled the Ryzen AI Max PRO 400 Series processors for agent computers, and announced that the AI Halo will be available for preorder in June, starting at $3,999, or $700 less than Nvidia's DGX Spark. With 1...
AMD is looking to undercut Nvidia's flagship semi-professional AI developer hardware with its Ryzen AI Halo Developer Platform. After previewing its Ryzen AI 400 series at CES 2026, AMD today unveiled the Ryzen AI Max PRO 400 Series processors for agent computers, and announced that the AI Halo will be available for preorder in June, starting at $3,999, or $700 less than Nvidia's DGX Spark. With 128GB of LPDDR5x, a 50 TOPS NPU, a 40-core RDNA 3.5 GPU, and 2TB of storage, AMD argues it can compete on performance, too. "For agentic AI to move beyond the cloud, the PC needs to handle real-time tasks locally while responding quickly, protecting sensitive data, and supporting the memory demands of complex agent workflows," AMD says. "Our Ryzen AI Halo developer platform delivers these capabilities in an AMD-validated system, while AMD Ryzen AI Max PRO 400 Series processors bring the same architecture to commercial AI PCs and OEM systems ready for enterprise deployment." Mac minis are sold out just about everywhere because everyone's buying them up for AI development—and reselling, of course. But while AMD compares itself to that iconic miniature system in its slides for the new developer platform, it's mostly gunning for Nvidia's DGX Spark with this release. As WCCFTech notes, AMD claims it can deliver up to 14% faster local AI performance with specific models, thanks to its powerful AMD AI Ryzen Max+ 395 CPU with 16 cores. It supports Windows and Linux, whereas the DGX Spark is Linux-only. The hardware supports running local AI models with up to 200 billion parameters. There's Wi-Fi 7, 10Gbps Ethernet, and a TDP of just 120W. All that is packed inside a system that's just 6 inches square and less than 2 inches tall. (Credit: AMD) Despite framing its new hardware against Nvidia and Apple, AMD also clearly sees cloud AI computing as a major competitor. Indeed, online chatbots and AI tools are the most popular way professionals interact with AI now, so why run it locally w...
SpaceX, Tesla (TSLA) and Intel's (INTC) large-scale project to develop what could be the world's largest semiconductor factory is in the works. But it's not a sure thing, according to filing related to SpaceX's upcoming IPO. "While we have a framework agreement with Tesla, neither Tesla nor Intel are obligated to remain a part of the project, and we may…
SpaceX, Tesla (TSLA) and Intel's (INTC) large-scale project to develop what could be the world's largest semiconductor factory is in the works. But it's not a sure thing, according to filing related to SpaceX's upcoming IPO. "While we have a framework agreement with Tesla, neither Tesla nor Intel are obligated to remain a part of the project, and we may…
格隆汇5月21日|加密货币交易平台Blockchain.com于5月21日发布声明称,已就其A类普通股拟议IPO事项,向美国证券交易委员会(SEC)秘密提交了S-1表格注册声明草案。本次拟发行的股份数量及发行价格区间尚未确定。本次IPO的实施取决于市场状况及其他相关条件,并需等待SEC完成审查程序后方可推进。去年,Bullish以及Gemini Space Station公司成为首批上市的加密货币...
格隆汇5月21日|加密货币交易平台Blockchain.com于5月21日发布声明称,已就其A类普通股拟议IPO事项,向美国证券交易委员会(SEC)秘密提交了S-1表格注册声明草案。本次拟发行的股份数量及发行价格区间尚未确定。本次IPO的实施取决于市场状况及其他相关条件,并需等待SEC完成审查程序后方可推进。去年,Bullish以及Gemini Space Station公司成为首批上市的加密货币交易平台。Kraken的母公司Payward公司去年也秘密提交了IPO申请。
The Good Brigade Lightspeed Commerce ( LSPD ) sank 7.4% in late morning trading on Thursday after its fiscal Q4 earnings failed to meet the Wall Street consensus, and its FY2027 guidance didn't raise investors' spirits. The company expects FY2027 revenue of $1.225B-$1.265B vs. $1.33B Visible Alpha consensus. Adjusted EBITDA is expected to be $75M-$95M, weaker than the Visible Alpha consensus of $9...
The Good Brigade Lightspeed Commerce ( LSPD ) sank 7.4% in late morning trading on Thursday after its fiscal Q4 earnings failed to meet the Wall Street consensus, and its FY2027 guidance didn't raise investors' spirits. The company expects FY2027 revenue of $1.225B-$1.265B vs. $1.33B Visible Alpha consensus. Adjusted EBITDA is expected to be $75M-$95M, weaker than the Visible Alpha consensus of $96M. Guidance for Q1 includes revenue of $305M-$315M vs. Visible Alpha estimate of $330M and adjusted EBITDA of $15M-$20M vs. $22M Visible Alpha consensus. The company's board also approved the renewal of its normal course issuer bid for the repurchase of up to ~10% of its public float as part of an overall share repurchase authorization for up to $400M. Fiscal Q4 adjusted EPS of $0.08, missing the consensus estimate of $0.12, dipped from $0.10 in Q4 2025. Revenue for the quarter ended March 31, 2026, rose to $290.8M from $253.4M in the year-ago quarter. The recent quarter's revenue exceeded the $283.0M consensus. Transaction-based revenue of $185.3M grew from $157.8M in Q4 2025, while subscription revenue of $93.3M increased from $87.9M. Total gross transaction volume, or GTV, of $22.9B increased 11% Y/Y. Gross payment volume climbed 22% to $9.6B, bringing GPV as a percentage of GTV to 42%. Q4 adjusted EBITDA of $15.1M increased from $12.9M a year ago. Adjusted EBITDA as a percentage of gross profit ticked up to 11.7% from 11.6% in Q4 2025. More on Lightspeed Commerce Inc. Lightspeed Commerce Inc. (LSPD:CA) Discusses Divestiture of Upserve U.S. Hospitality Product Line and Strategic Refocus Transcript Lightspeed Grows Revenue, But Valuation Compression Worsens As Operating Losses Rise Lightspeed Commerce names Okta’s Bhawna Singh as CTO Historical earnings data for Lightspeed Commerce Inc.
Novak Djokovic has avoided Jannik Sinner’s half of the French Open draw but faces a challenging path as he tries to hit form and launch a deep run after a torrid, injury-ravaged period before the second grand slam event of the year. Djokovic, a three-times champion at Roland Garros, returns to Paris aiming for a record 25th grand slam singles title. He will begin against the big-serving Frenchman ...
Novak Djokovic has avoided Jannik Sinner’s half of the French Open draw but faces a challenging path as he tries to hit form and launch a deep run after a torrid, injury-ravaged period before the second grand slam event of the year. Djokovic, a three-times champion at Roland Garros, returns to Paris aiming for a record 25th grand slam singles title. He will begin against the big-serving Frenchman Giovanni Mpetshi-Perricard. By landing in the same half as Alexander Zverev, the No 2 seed, Djokovic cannot face Sinner before the final. He has played just two tournaments since the Australian Open, when he defeated Sinner in a spectacular five-set semi-final, before losing to Carlos Alcaraz in the final. His most recent appearance was a first-round loss to world No 79 Dino Prizmic at the Italian Open. Sinner, meanwhile, will begin his pursuit of a career grand slam at Roland Garros in front of a potentially hostile audience, against the French wildcard Clement Tabur. Sinner arrives as the dominant player in the men’s game and the prohibitive favourite at Roland Garros in the injury-enforced absence of Alcaraz, the reigning champion. After becoming the second man and youngest in history to win every Masters 1000 title, after Djokovic, Sinner will aim to complete the set of grand slams. Emma Raducanu, meanwhile, will try to kickstart her season at Roland Garros when facing the 21-year-old Argentine Solana Sierra in the first round. Raducanu arrives at Roland Garros is searching for rhythm and form after a two-month injury layoff due to post-viral illness, and lost her first round match to Diane Parry in Strasbourg earlier this week. Sierra is a talented young player and capable of beating her. Sierra currently sits at a career-high ranking of No 64 after a fruitful clay-court season. In contrast to the men’s draw, where one player is the prohibitive favourite, the women’s draw could be decided by a number of strong players. Coco Gauff, the fourth seed, will begin her title ...
The stock and the fundamentals are telling different stories — and that gap is the story. NIO (NYSE: NIO) reported Q1 2026 results before the open on May 21, 2026, delivering its strongest operational quarter ever, yet shares slid 14.53% in the week into the earnings report and traded down another 2.95% on release day. ... NIO Just Posted Its Best Margins Ever. Is the Battery Swap Moat What Actual...
The stock and the fundamentals are telling different stories — and that gap is the story. NIO (NYSE: NIO) reported Q1 2026 results before the open on May 21, 2026, delivering its strongest operational quarter ever, yet shares slid 14.53% in the week into the earnings report and traded down another 2.95% on release day. ... NIO Just Posted Its Best Margins Ever. Is the Battery Swap Moat What Actually Matters?
人物.故事|築夢創業路.黃雅英 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】20歲的阿英,小學夢想擁有一間屬於自己的店。疫情期間她一天打三份工,默默儲起創業的第一桶金。畢業後她堅持創業,成功打動原本希望她繼續升...
人物.故事|築夢創業路.黃雅英 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】20歲的阿英,小學夢想擁有一間屬於自己的店。疫情期間她一天打三份工,默默儲起創業的第一桶金。畢業後她堅持創業,成功打動原本希望她繼續升學的家人,為她一手包辦店舖裝修。如今,她的茶飲甜品店已營運近半年,從落貨、菜單設計到調製飲品,她都親力親為。自覺懶散、凡事僅三分鐘熱度的她,在創業路上的堅持令她重新認識自己。阿英指,這間店不是終點,她希望未來嘗試更多類型的工作,繼續尋找真正熱愛的事。
Posts from this author will be added to your daily email digest and your homepage feed. This is Lowpass by Janko Roettgers, a newsletter on the ever-evolving intersection of tech and entertainment, syndicated just for The Verge subscribers once a week. Hollywood is cooked — or so a growing number of people on social media would like you to believe. Their purported proof: AI-generated clips of Dani...
Posts from this author will be added to your daily email digest and your homepage feed. This is Lowpass by Janko Roettgers, a newsletter on the ever-evolving intersection of tech and entertainment, syndicated just for The Verge subscribers once a week. Hollywood is cooked — or so a growing number of people on social media would like you to believe. Their purported proof: AI-generated clips of Daniel Craig riding a Vespa through an Italian city, Godzilla fighting King Kong, or The Avengers zooming through Manhattan. In reality, cheap slop like this won’t replace Hollywood blockbusters any time soon. However, a new generation of AI video solutions could upend how studios work. That’s because, until recently, AI companies basically tried to sell Hollywood on the same idea as those Twitter guys, with a slightly more palpable spin. The pitch, in a nutshell: AI video will allow everyone to make movies faster, cheaper, better — one prompt at a time. “The premise was: Substitute your camera for our video model,” says Luma AI CEO Amit Jain, whose company used to make that very same pitch to studios. But when it began partnering with the entertainment industry, it received a crash course in the way Hollywood actually works. “It’s not sufficient to just produce a clip,” Jain says now. “Because then what?” Clips generated by video models are typically 10 to 16 seconds. “That’s not a shot. That’s not a sequence. That’s not a scene,” Jain says. “Churning out short videos is not enough.” Now, AI companies like Luma believe they have found a better way to sell Hollywood on AI. The gist? Don’t just use AI for video — use it for everything. Luma has been working on AI agents that can help with the entire production process. Jain compares this transition to the way software development with AI has evolved, with companies like Anthropic moving from simple vibe coding to agentic workflows. “It’s not sufficient to just generate a little bit of code,” Jain says. “We need these systems to ...
Price is a big barrier for most people who’d like to try out smart glasses for gaming, watching movies, or using their computers. Many models are at $400 and up, but you can snag a refurbished pair of Viture’s Luma Pro USB-C smart glasses for about $271 with the code LONGWEEKEND at eBay . Each set is listed as being in “very good” condition, with “inconspicuous signs of use after being opened by u...
Price is a big barrier for most people who’d like to try out smart glasses for gaming, watching movies, or using their computers. Many models are at $400 and up, but you can snag a refurbished pair of Viture’s Luma Pro USB-C smart glasses for about $271 with the code LONGWEEKEND at eBay . Each set is listed as being in “very good” condition, with “inconspicuous signs of use after being opened by users.” Every refurb purchase is a bit of a gamble versus buying new, but this purchase has a 30-day window for free returns and two years of warranty coverage via Allstate. Viture Luma Pro XR Glasses Where to Buy: $499.99 $271 at eBay (refurbished) Under $300 is a good price to pay for Viture’s midrange smart glasses. They have a 52-degree field of view, and support for up to 1080p resolution. One of the biggest selling points is their built-in diopter dials, letting you finely tune each lens to your vision. They help content look sharper than glasses that use software to simulate these kinds of visual adjustments, including Viture’s newer Beast model, as well as Xreal’s One and One Pro glasses. These smart glasses work well with the Steam Deck, along with other gaming handhelds, laptops, and tablets that can output video over USB-C. They don’t play nicely out of the box with a Nintendo Switch 2, but Viture’s Pro Mobile Dock enables support for the console. That will run you $129 at Amazon , but you can get a big discount on a refurbished model (using the same code LONGWEEKEND ) at eBay that knocks it down to $79.20. Some other great deals to check out Nintendo’s official USB camera for the Switch 2 console is cheaper than ever at Best Buy . Normally $54.99, it’s now $29.99. That’s a price more in line with the camera’s limited feature set and passable video quality. In order to use it with GameChat on the console, you’ll need to be a Nintendo Switch Online subscriber. With it, you can video chat with friends, and have your video feed used in some fun ways in select games, ...
Big Four firms, Wall Street banks and finance teams are continuing to embed Anthropic’s AI platform into forecasting, reporting and day-to-day finance workflows.
Big Four firms, Wall Street banks and finance teams are continuing to embed Anthropic’s AI platform into forecasting, reporting and day-to-day finance workflows.
(RTTNews) - Stocks have moved mostly lower during trading on Thursday, giving back ground following the rally seen in the previous session. The major averages have all moved to the downside, although selling pressure has remained somewhat subdued. Currently, the major averages are off their lows of the session but still in the red. The Nasdaq is down 132.08 points or 0.5 percent at 26,138.28, the ...
(RTTNews) - Stocks have moved mostly lower during trading on Thursday, giving back ground following the rally seen in the previous session. The major averages have all moved to the downside, although selling pressure has remained somewhat subdued. Currently, the major averages are off their lows of the session but still in the red. The Nasdaq is down 132.08 points or 0.5 percent at 26,138.28, the S&P 500 is down 26.38 points or 0.4 percent at 7,406.59 and the Dow is down 71.40 points or 0.1 percent at 49,937.95. The pullback on Wall Street comes amid a substantial rebound by the price of crude oil, with U.S. crude oil futures surging by 3.5 percent after plummeting by 5.7 percent on Wednesday. Crude oil futures have jumped back above $100 a barrel as traders await developments on a potential U.S.-Iran peace deal. Oil prices saw further upside after a report from Reuters said Iran's Supreme Leader has issued a directive that the country's near-weapons-grade uranium should not be sent abroad. The sharp increase by the price of crude oil has also led to a significant rebound by treasury yields, although the yield on the benchmark ten-year note remains well off Tuesday's one-year highs. A negative reaction to earnings news from Nvidia (NVDA) is also weighing on Wall Street, with the AI leader tumbling by 2 percent. The decrease by shares of Nvidia comes even though the chipmaker reported better than expected first quarter results, as investors worry about the sustainability of its rapid growth. "The chip giant is starting to sound like a broken record, playing the same message over and over again," said Dan Coatsworth, head of markets at AJ Bell. It effectively says AI demand is strong, lots of customers are queuing up for its chips, and there is still much more to go for." "The market's attention is now focused on how long Nvidia can sustain this momentum," he added. "Even the fastest or strongest athletes run out of steam at some point, and investors are starting to w...
Spotify Technology SA , the world’s largest music streaming platform, is ready to make its mark in the concert space. The company announced plans on Thursday to work with Live Nation Entertainment Inc. to offer Spotify subscribers the option to purchase two tickets to their favorite star’s concert before they go on sale to the general public. The move could help resolve some of the issues fans hav...
Spotify Technology SA , the world’s largest music streaming platform, is ready to make its mark in the concert space. The company announced plans on Thursday to work with Live Nation Entertainment Inc. to offer Spotify subscribers the option to purchase two tickets to their favorite star’s concert before they go on sale to the general public. The move could help resolve some of the issues fans have had in beating ticket resellers to face-value tickets, while encouraging customers to stay on as subscribers even as Spotify raises monthly fees. The announcement came during the Swedish streaming service’s investor day, during which its co-chief executive officers and other leaders painted a vision for how the company plans to expand its business in coming years. That concept involves more features allowing people to personalize their listening experience. Personal Podcasts, for example, lets people write a prompt in the Spotify app and artificial intelligence will create a unique podcast in response. Studio by Spotify Labs is a desktop app that knows the user’s taste in music, podcasts and audiobooks and can connect to their calendar or inbox for updates. “We see this much more as a daily brief and a recommendation engine than something that would replace you listening to one of your favorite podcasts,” said Gustav Söderström, co-CEO, in an interview with Bloomberg. He noted that 60% of users in mature markets for Spotify don’t yet listen to podcasts, so features like Personal Podcasts could get them to dive into the medium. The company said its podcast business has been profitable for two years. The presentations Thursday were designed to comfort investors and prove that Spotify can still innovate. Wall Street has been skeptical that the company can rein in costs while also staying ahead of competitors, particularly as it relates to AI. While the company makes most of its money through subscriptions, the executives sought to reinforce the idea that they have other leve...
One of the common features for companies to build in the age of AI is to connect services like email, calendar, documents, and notes to create a daily brief in text or audio format. Spotify is also giving in to this temptation and releasing a new standalone desktop app called Studio by Spotify Labs for this purpose. Today, the company released the ability for users to explore a topic by creating a...
One of the common features for companies to build in the age of AI is to connect services like email, calendar, documents, and notes to create a daily brief in text or audio format. Spotify is also giving in to this temptation and releasing a new standalone desktop app called Studio by Spotify Labs for this purpose. Today, the company released the ability for users to explore a topic by creating a podcast about it. Spotify is also adding personal context to this podcast generation tool. And, because in 2026 companies can’t refrain from adding agents to their apps, the new Studio app has an agent that can browse the web and fetch personal information to create a personal podcast. For instance, the tool can create a daily briefing or a podcast based on your email and schedule. Users can also make a multistep request like “Create a daily audio brief for my road trip through Italy. Walk me through my day using my calendar and bookings. Recommend a memorable dinner spot near where I’ll be. And end with a podcast recommendation I’d love for the drive” to generate a podcast. All these AI-generated podcasts are saved in your Spotify library for personal consumption and are synced across devices. They are not available publicly. The audio company warned that this is an early preview of the app, and AI can make mistakes and may output unreliable content all the time. Loading the player… The company is releasing this app in research preview to more than 20 markets. It said that the app will be available to select users who are 18 years or older. The tool will compete with Google’s NotebookLM, which started popularizing podcast generation based on selected source material a few years ago. And in true Google fashion, the company also released another separate feature to create a daily podcast based on the Discover feed. Since then, the format of creating a podcast to explore a topic or get daily briefings has been adopted by companies like Adobe and ElevenLabs and apps like Hero...
For users, Spotify has been a place to consume podcasts made by other creators. The company wants to change that by introducing a personal podcast feature, which uses AI to generate podcasts for users based on an idea or a custom prompt. Earlier this month, the company released a GitHub-based command-line tool for Claude Code and Codex that allows users to create a podcast and save it to their own...
For users, Spotify has been a place to consume podcasts made by other creators. The company wants to change that by introducing a personal podcast feature, which uses AI to generate podcasts for users based on an idea or a custom prompt. Earlier this month, the company released a GitHub-based command-line tool for Claude Code and Codex that allows users to create a podcast and save it to their own Spotify library. The company said that, soon, users would be able to create podcasts directly within the Spotify app. They can also schedule them to create daily or weekly briefs for topics they have a recurring interest in. Plus, they can also create one-off podcasts to understand a topic. Users can make a request like “Share my daily city updates, and tell me about local concerts from artists I love,” or “Help me understand economics in five minutes,” to create a podcast and have it saved to the library for personal consumption. What’s more, users can add links, PDFs, and text, and choose a custom voice to generate podcasts. The company is taking a leaf out of NotebookLM, ElevenLabs reader, and former NotebookLM devs’ app Huxe to create personal podcasts on any topic. Spotify also released a dedicated desktop app called Studio by Spotify Labs, which can connection wth users’ email and calendar to create personalized briefings. In addition, the company is rolling out an AI-powered Q&A feature for Premium mobile users in the U.S., Sweden, and Ireland today. With this, users can ask questions about the episode they are listening to or a concept mentioned in the podcast to get answers. They can also ask for podcast recommendations on specific topics. The new addition comes after the company released a prompt-based feature to create podcast playlists in April. Until now, Spotify has been pushing people to consume more video podcasts. The company said that users who streamed a video podcast were up 50% year-on-year. With this release, Spotify wants users to engage more with th...
Alongside tools for AI-generated podcasts, Spotify on Thursday introduced a new, ElevenLabs-powered AI tool for self-publishing audiobooks within the Spotify for Authors platform. The company said at its Investor Day event that the feature will launch in beta this June on an invite-only basis, initially with support for the English language only. The AI-powered audiobook generation won’t bind auth...
Alongside tools for AI-generated podcasts, Spotify on Thursday introduced a new, ElevenLabs-powered AI tool for self-publishing audiobooks within the Spotify for Authors platform. The company said at its Investor Day event that the feature will launch in beta this June on an invite-only basis, initially with support for the English language only. The AI-powered audiobook generation won’t bind authors to an exclusive contract, meaning they are free to publish their generated audiobooks anywhere. The news builds on Spotify’s previous partnership with ElevenLabs, which allowed writers to submit audiobooks created on the voice AI startup’s platform to Spotify. The audio streaming platform also already had a partnership with Google Play Books to allow for digitally narrated content. However, it may have wanted authors to access newer voice models that sound more expressive and human-like, like those offered by ElevenLabs. Notably, ElevenLabs had released its own self-publishing platform for authors in 2025. Spotify is also expanding its “Spotify for Authors” platform to support 10 more languages, including French, Canadian French, German, Dutch, Latin American Spanish, Swedish, Finnish, Icelandic, Danish, and Norwegian. In addition, the company will expand its Audiobook+ plans this year to allow for higher listening limits and will add new options for students and families in the future. (Spotify didn’t specify any pricing or usage details for these plans in its announcement, however.) To date, Spotify has clocked in over a million Audiobook+ subscriptions, and it is on track to generate $100 million in annualized recurring revenue for the platform. At the event, the company introduced a new way for users to ask questions using natural language for audiobook discovery. This summer, Spotify will also expand a feature that allows users to create prompt-based playlists for podcasts and music to include audiobooks, it said. Spotify has increased its focus on audiobooks heavi...
Image source: The Motley Fool. Wednesday, Feb. 25, 2026 at 11:30 a.m. ET CALL PARTICIPANTS Chairman and Chief Executive Officer — Ara Hovnanian Chief Financial Officer — Brad O'Connor Vice President, Corporate Controller — David Mitrisin Vice President, Finance and Treasurer — Paul Eberly Investor Relations — Jeffrey O'Keefe TAKEAWAYS Total Revenues -- $632 million, a 6% decline year over year, pr...
Image source: The Motley Fool. Wednesday, Feb. 25, 2026 at 11:30 a.m. ET CALL PARTICIPANTS Chairman and Chief Executive Officer — Ara Hovnanian Chief Financial Officer — Brad O'Connor Vice President, Corporate Controller — David Mitrisin Vice President, Finance and Treasurer — Paul Eberly Investor Relations — Jeffrey O'Keefe TAKEAWAYS Total Revenues -- $632 million, a 6% decline year over year, primarily due to a 12% reduction in home deliveries, partially offset by a land sale. -- $632 million, a 6% decline year over year, primarily due to a 12% reduction in home deliveries, partially offset by a land sale. Adjusted Gross Margin -- 13.4%, just below guidance midpoint, reflecting elevated incentive spending. -- 13.4%, just below guidance midpoint, reflecting elevated incentive spending. SG&A Expense Ratio -- 13.3%, better than guidance’s low end; total SG&A as percentage of revenue rose slightly year over year, as revenue fell more than SG&A costs. -- 13.3%, better than guidance’s low end; total SG&A as percentage of revenue rose slightly year over year, as revenue fell more than SG&A costs. Income from Unconsolidated Joint Ventures -- $3 million, slightly below expectations. -- $3 million, slightly below expectations. Adjusted EBITDA -- $63 million, significantly above guidance range. -- $63 million, significantly above guidance range. Adjusted Pretax Income -- $31 million, also above guidance range, but 24% down year over year due to incentive pressures. -- $31 million, also above guidance range, but 24% down year over year due to incentive pressures. Incentives as Share of Average Sales Price -- 12.6%, up 40 basis points sequentially and 290 basis points year over year; 960 basis points above full-year 2022, driven mainly by mortgage rate buydowns. -- 12.6%, up 40 basis points sequentially and 290 basis points year over year; 960 basis points above full-year 2022, driven mainly by mortgage rate buydowns. Base Construction and Option Cost per Square Foot -- Decrea...
vzphotos/iStock Editorial via Getty Images Past Coverage: MU Is My Best Investment Of 2025 With 1,000%+ Return I am very happy about Micron Technology's ( MU ) performance this and last year. The progress the company made. The valuation shift. And the business growth dynamic. All these factors impress me a lot. And they also make me a very happy shareholder. As a reminder, I've been MU's sharehold...
vzphotos/iStock Editorial via Getty Images Past Coverage: MU Is My Best Investment Of 2025 With 1,000%+ Return I am very happy about Micron Technology's ( MU ) performance this and last year. The progress the company made. The valuation shift. And the business growth dynamic. All these factors impress me a lot. And they also make me a very happy shareholder. As a reminder, I've been MU's shareholder since late 2024. In fact, it's my most successful investment of 2025. I double down on my position in April 2025 ( I published an article then ). Since then, its stock price has increased by over 1,000%. Yes, I'm looking at 10x times cash-on-cash with that purchase. Seeking Alpha But I kept adding regularly since then. Month by month, I kept thinking the same thing: MU is undervalued. I published my last MU's coverage in March 2026. And since then, the stock price has increased by another 85%. Seeking Alpha Why did I decide to prepare a follow-up for MU? I decided to follow up on MU for two reasons. Firstly, I've just listened to the Global TMT conference MU attended . And I'd like to discuss 3 insights that keep me bullish. And the other reason is valuation. But it's not what you'd expect. I'm not going to say that MU's stock price increased so much that it's not a buy anymore. I'm looking at valuation multiples. And they remain very attractive. I will start with the valuation section. And I can say right from the get-go: I still think MU is a strong buy. I think that the market still underappreciates it. Micron's Valuation Is More Attractive Than You Think I don't review valuation based on just stock price. I believe it's not a reasonable approach. The stock price itself doesn't reflect the growth of the business. And that's crucial. That's why I look at valuation multiples. I will use forward-looking P/E ratio to also include growth expectations. I will compare MU to some other semiconductor players. Yes, they are not perfectly comparable. But there are no two identic...
vzphotos/iStock Editorial via Getty Images Past Coverage: MU Is My Best Investment Of 2025 With 1,000%+ Return I am very happy about Micron Technology's ( MU ) performance this and last year. The progress the company made. The valuation shift. And the business growth dynamic. All these factors impress me a lot. And they also make me a very happy shareholder. As a reminder, I've been MU's sharehold...
vzphotos/iStock Editorial via Getty Images Past Coverage: MU Is My Best Investment Of 2025 With 1,000%+ Return I am very happy about Micron Technology's ( MU ) performance this and last year. The progress the company made. The valuation shift. And the business growth dynamic. All these factors impress me a lot. And they also make me a very happy shareholder. As a reminder, I've been MU's shareholder since late 2024. In fact, it's my most successful investment of 2025. I double down on my position in April 2025 ( I published an article then ). Since then, its stock price has increased by over 1,000%. Yes, I'm looking at 10x times cash-on-cash with that purchase. Seeking Alpha But I kept adding regularly since then. Month by month, I kept thinking the same thing: MU is undervalued. I published my last MU's coverage in March 2026. And since then, the stock price has increased by another 85%. Seeking Alpha Why did I decide to prepare a follow-up for MU? I decided to follow up on MU for two reasons. Firstly, I've just listened to the Global TMT conference MU attended . And I'd like to discuss 3 insights that keep me bullish. And the other reason is valuation. But it's not what you'd expect. I'm not going to say that MU's stock price increased so much that it's not a buy anymore. I'm looking at valuation multiples. And they remain very attractive. I will start with the valuation section. And I can say right from the get-go: I still think MU is a strong buy. I think that the market still underappreciates it. Micron's Valuation Is More Attractive Than You Think I don't review valuation based on just stock price. I believe it's not a reasonable approach. The stock price itself doesn't reflect the growth of the business. And that's crucial. That's why I look at valuation multiples. I will use forward-looking P/E ratio to also include growth expectations. I will compare MU to some other semiconductor players. Yes, they are not perfectly comparable. But there are no two identic...
Meta Platforms impresses with a major earnings beat and fresh institutional interest. US investors now weigh robust profit growth against higher volatility, regulatory risks and ambitious AI spending plans. Meta Platforms, Inc. stock remains in focus after a strong first-quarter earnings beat and fresh institutional buying, prompting renewed debate among US investors about the sustainability of it...
Meta Platforms impresses with a major earnings beat and fresh institutional interest. US investors now weigh robust profit growth against higher volatility, regulatory risks and ambitious AI spending plans. Meta Platforms, Inc. stock remains in focus after a strong first-quarter earnings beat and fresh institutional buying, prompting renewed debate among US investors about the sustainability of its profit growth, spending on artificial intelligence and the company’s long?term valuation, according to recent disclosures and market data from April and May 2026. For the first quarter of 2026, Meta Platforms reported earnings per share (EPS) of 10.44 USD, clearly above the analyst consensus estimate of 6.67 USD for the period, and achieved a net margin of 32.84%, according to MarketBeat as of 05/21/2026. In addition, the same source reports that the stock carries a consensus analyst rating of “Moderate Buy” with an average price target of 840.19 USD, underlining generally positive expectations despite increasing investment requirements. As of: 05/21/2026 By the editorial team – specialized in equity coverage. At a glance Name: Meta Platforms Meta Platforms Sector/industry: Social media, digital advertising, technology Social media, digital advertising, technology Headquarters/country: Menlo Park, United States Menlo Park, United States Core markets: Global users of Facebook, Instagram, WhatsApp and related services Global users of Facebook, Instagram, WhatsApp and related services Key revenue drivers: Digital advertising, social platforms, messaging, virtual reality Digital advertising, social platforms, messaging, virtual reality Home exchange/listing venue: Nasdaq (ticker: META) Nasdaq (ticker: META) Trading currency: US dollar (USD) Meta Platforms: core business model Meta Platforms is one of the largest social media and digital advertising companies in the world, offering platforms such as Facebook, Instagram, Messenger and WhatsApp. The company primarily generates r...