A study of analyst recommendations at the major brokerages shows that POSCO Holdings Inc (Symbol: PKX) is the #46 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Globa
A study of analyst recommendations at the major brokerages shows that POSCO Holdings Inc (Symbol: PKX) is the #46 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Globa
tulcarion/E+ via Getty Images Investment action I had a hold rating for Mohawk Industries ( MHK ) previously, as I thought there were limited catalysts to drive a strong housing demand recovery. 1Q26 was better on execution, but I do not think this quarter changed the core debate. Underlying demand was still weak, with adjusted sales down 2.6%, while both FNA and FROW were down on an adj. basis. M...
tulcarion/E+ via Getty Images Investment action I had a hold rating for Mohawk Industries ( MHK ) previously, as I thought there were limited catalysts to drive a strong housing demand recovery. 1Q26 was better on execution, but I do not think this quarter changed the core debate. Underlying demand was still weak, with adjusted sales down 2.6%, while both FNA and FROW were down on an adj. basis. MHK is executing the business better, but until residential demand shows a clearer recovery, I don’t think we can be more bullish. 1Q26 earnings review Total net sales came in at ~$2.73 billion, up 8% as reported but down 2.6% after adjusting for constant days and exchange rates. At the segment level, Global Ceramic [GC] was the strongest with sales up 10.4% y/y to $1.097 billion as reported and down only 0.2% on an adjusted basis. Flooring North America [FNA] sales were also up slightly as reported by 2%, but down 4.1% adjusted. As for Flooring Rest of the World [FROW], reported sales were up 12.2% but down 4.4% on an adjusted basis. That said, margins did much better. Gross margin expanded 70bps y/y on an adjusted basis to 24.8%, and with SG&A as a percentage of sales flat at 19.4%, adj. EBIT margin expanded to 5.5% of sales. This led to a net earnings performance of $117 million, and both reported and adj. EPS were $1.90. Pricing and mix MHK’s self-help story looks more credible after this recent quarter because it finally showed up in the numbers. There are two levers that worked together: pricing and mix. On pricing, MHK moved early, raising prices across products and geographies to offset higher energy, raw material, and freight costs. As much as this may seem like a natural move, the fact that MHK was able to raise prices and not simply take the inflation hit shows that management is trying to protect unit economics even while demand remains soft. On mix, MHK is still seeing more demand for newer and more premium products, especially in GC, including higher-end produc...
One of Wall Street’s top firms just put its stamp of approval on cybersecurity leader Palo Alto Networks (NASDAQ:PANW). On May 6, 2026, BTIG raised its PANW stock price target to $216 from $200 and reiterated a Buy rating, citing a fresh round of channel checks with partners and customer contacts that came back “constructive ... BTIG Just Got Bullish on Palo Alto Networks: Price Target Climbs to $...
One of Wall Street’s top firms just put its stamp of approval on cybersecurity leader Palo Alto Networks (NASDAQ:PANW). On May 6, 2026, BTIG raised its PANW stock price target to $216 from $200 and reiterated a Buy rating, citing a fresh round of channel checks with partners and customer contacts that came back “constructive ... BTIG Just Got Bullish on Palo Alto Networks: Price Target Climbs to $216 on Improving Channel Checks
Ian Dewar Photography/iStock Editorial via Getty Images Berkshire Hathaway (NYSE: BRK.A ) (NYSE: BRK.B ) is unique in a world mega-caps, given that it's not a tech conglomerate chasing artificial intelligence. As a result, the firm has underperformed the S&P 500 ( VOO ), down more than 6% YTD as the market has gone up by 6%. Despite that, Berkshire Hathaway maintains a real and diverse portfolio, ...
Ian Dewar Photography/iStock Editorial via Getty Images Berkshire Hathaway (NYSE: BRK.A ) (NYSE: BRK.B ) is unique in a world mega-caps, given that it's not a tech conglomerate chasing artificial intelligence. As a result, the firm has underperformed the S&P 500 ( VOO ), down more than 6% YTD as the market has gone up by 6%. Despite that, Berkshire Hathaway maintains a real and diverse portfolio, with ready to deploy cash, positioning itself for long-term returns. Berkshire Hathaway Earnings Berkshire Hathaway has continued to earn strong earnings with an impressive balance sheet. Berkshire Hathaway Press Release The company had more than $11 billion in investment gains for the quarter, substantial YoY improvement. The business alone, minus all equity and cash, is throwing off more than $40 billion in annual operating earnings putting it at a P/E of 25x before all of that. We have one disappointment here, a lack of share repurchases which were just a few hundred $ million in the quarter. At its current valuation, we would like to see Berkshire Hathaway repurchase in the $ billions. We'd like to see a ramp up essentially with all the shares that can be purchased at less than $500 / share up to the 10% float limitation. Berkshire Hathaway Press Release At the same time, Berkshire Hathaway had strong performance across its segments. BNSF, BHE, and the company's other segments all outperformed substantially. The company's insurance business outperformed with underwriting + income generating more than $4 billion in the quarter. The strength across every facet is key for a tough market with high prices. Berkshire Hathaway Portfolio Berkshire Hathaway has built up an incredibly impressive equity portfolio worth almost $330 billion. Berkshire Hathaway Portfolio - CNBC Despite selling some of the assets, Apple remains the largest investment at almost $65 billion. Long-term other quality investments such as American Express, Coca Cola, and Bank of America sit here. That inclu...
Hut 8 Mining Corp (TSX:HUT, Unlisted (US):HUTMF) shares surged nearly 33% on Wednesday after the cryptocurrency miner-turned-AI infrastructure developer announced a $9.8 billion, 15-year triple-net lease with a high investment-grade tenant, marking a major milestone in the company's strategic...
Hut 8 Mining Corp (TSX:HUT, Unlisted (US):HUTMF) shares surged nearly 33% on Wednesday after the cryptocurrency miner-turned-AI infrastructure developer announced a $9.8 billion, 15-year triple-net lease with a high investment-grade tenant, marking a major milestone in the company's strategic...
blanscape Walt Disney ( DIS ) impressed investors and analysts with its FQ2 earnings report and management commentary on the road ahead. During the earnings conference call, new CEO Josh D'Amaro said the company's top priorities included investing in IP & creativity, reaching more consumers in more engaging ways, and using advanced tech/AI to power storytelling and increase monetization. On Wall S...
blanscape Walt Disney ( DIS ) impressed investors and analysts with its FQ2 earnings report and management commentary on the road ahead. During the earnings conference call, new CEO Josh D'Amaro said the company's top priorities included investing in IP & creativity, reaching more consumers in more engaging ways, and using advanced tech/AI to power storytelling and increase monetization. On Wall Street, Morgan Stanley analyst Sean Diffly said against the backdrop of heightened investor concerns on the macro and the state of the consumer, Disney ( DIS ) delivered a strong F2Q beat across segments, while refining/improving profit guidance and providing greater clarity, precision, and confidence on the path to sustainable double-digit earnings growth. JPMorgan analyst David Karnovsky and his team viewed the Disney ( DIS ) update as a modest beat and raise with buybacks helping to offset the EPS dilution from the NFL transaction. "All three segments were stronger-than-expected, with Entertainment outperforming on SVOD profitability and Experiences benefiting from solid current consumer demand and capacity expansion (cruises, Paris)," wrote Karnovsky. Bank of America analyst Jessica Reif Ehrlich described the FQ2 report as showing strong momentum for the company. The reiterated its Buy rating on Disney ( DIS ) and $125 price objective as it called out drivers such as profitability inflection/growth in DTC, reacceleration in the parks segment, multi-year sports segment upside (personalization, betting, and multiscreen), and the new re-energized senior management team. On Seeking Alpha, Long Player, Investing Group Leader for Oil & Gas Value Research, also weighed in. "Disney looks very good and very well positioned for a busy movie release schedule that for them carries into their next fiscal year. Cash flow and free cash flow are down most likely not only due to working capital needs but also due to investments in some new parks' items that also look good. More important...
The Artemis II mission was a glorious moment for space exploration and a sign of a potential $1 trillion investment boom in the global space industry over the next decade. More companies than ever stand to benefit from the growing number of objects being launched into orbit. Analysts at Morgan Stanley identified 60 companies poised to profit from the expanding space economy, including miners, fuel...
The Artemis II mission was a glorious moment for space exploration and a sign of a potential $1 trillion investment boom in the global space industry over the next decade. More companies than ever stand to benefit from the growing number of objects being launched into orbit. Analysts at Morgan Stanley identified 60 companies poised to profit from the expanding space economy, including miners, fuel producers and manufacturers of industrial gases and propulsion systems. “Space is back in a big way,” the analysts wrote in their report titled “The Space 60: Picks & Shovels for the Final Frontier.” While NASA doesn’t expect to return humans to the moon until 2028, the US Space Force has awarded contracts worth as much as $3.2 billion to a dozen companies to develop prototypes for space-based missile interceptors under President Donald Trump’s “Golden Dome” defense plan. Bloomberg Intelligence analysts Wayne Sanders and George Ferguson say the global space defense market may reach $1 trillion by 2035. And of course, there’s Elon Musk ’s rocketry and satellite company SpaceX , which won one of the aforementioned contracts. The dominant player in the sector is expected to go public later this year, targeting a valuation of more than $2 trillion in what is arguably the most hotly anticipated mega-IPO in a year that promises several of them. “Space has moved decisively from being a speculative frontier to a strategically vital, revenue generating investment theme,” said Mark Boggett , chief executive officer of Seraphim Space Investment Trust, whose holdings include Finnish satellite company ICEYE . So how can you get exposure to space in your portfolio? At some point, there may be a thriving interplanetary leisure sector, and penny-stock asteroid miners for risk-loving investors. For now, as Jason Hollands , managing director at Bestinvest, puts it: “Investing in space is less about betting on moonshots and more about backing the ecosystem of satellites, data and communicati...
Janice Chen/iStock Editorial via Getty Images LATAM Airlines ( LTM ), as I mentioned in my last article (check it here ), is a well-run airline with a heavy exposure to Brazil. But my previous view was that even being well-run, it was not enough. The landscape is so challenging, not only due to the Latin American context, but also due to the macroeconomic uncertainties that impact the airlines bus...
Janice Chen/iStock Editorial via Getty Images LATAM Airlines ( LTM ), as I mentioned in my last article (check it here ), is a well-run airline with a heavy exposure to Brazil. But my previous view was that even being well-run, it was not enough. The landscape is so challenging, not only due to the Latin American context, but also due to the macroeconomic uncertainties that impact the airlines business, as I mentioned in the excerpt below: “The problem, in my view, is that the environment in these countries is structurally poor for an airline to operate. Most costs are in dollars, especially fuel, which is a factor that companies have even less control over. Maintenance costs, expansion CapEx, and depreciation are all quite high, highly regulated, and mostly in USD.” Since then, the LTM stock fell 14.5%, part of this correction is related to the higher fuel price. But I am not putting this to say that I predicted something - no, it was just a coincidence. And even though the current context proves my point of instability, this seems like an interesting time to upgrade the rating of LTM for two reasons. The first is that the market is already pricing a large uncertainty, and this improves the valuation. The second is that LATAM has proven it knows how to navigate this more turbulent “sea (or sky)” Latam Q1 Earnings: Pretty Solid Just by analyzing the highlights it is already possible to see that this LATAM quarter was strong. Top line grew 21% YoY , and this with a substantial margin gain, with adj. operating income growing more than 40%. Besides that, it is worth mentioning that the fuel price practically did not affect the quarter, both due to the hedge and due to a bit of “delay” in the dynamics of purchasing fuel. LATAM Presentation But seeing how LATAM actually managed to deliver these numbers is what makes the quarter really bullish. The available seat kilometers (ASK) increased 10% with highlights for Brazil and International. But even increasing capacity, the...
Micron Technology has been one of the hottest stocks on the market this year. Shares of the memory specialist have surged an incredible 90% in 2026 so far, driven by surging demand for memory chips used in artificial intelligence (AI) data centers. However, Seagate Technology (NASDAQ: STX) has overshadowed the red-hot rally in Micron stock , posting outstanding gains of 164% this year. Seagate is ...
Micron Technology has been one of the hottest stocks on the market this year. Shares of the memory specialist have surged an incredible 90% in 2026 so far, driven by surging demand for memory chips used in artificial intelligence (AI) data centers. However, Seagate Technology (NASDAQ: STX) has overshadowed the red-hot rally in Micron stock , posting outstanding gains of 164% this year. Seagate is another important player in the AI infrastructure ecosystem, manufacturing data storage solutions, including hard disk drives (HDDs) and solid-state drives (SSDs). The company's storage products are used in a variety of applications, ranging from computers to portable storage devices to data centers. However, AI data centers have become the largest consumers of HDDs and SSDs lately, as they need to store large amounts of data for training AI models and running inference applications. Continue reading
World Cup fans now have an online resource to help them navigate passenger rail options for getting to matches in the Northeast. Released by the Northeast Corridor Commission, the site gives an overview of the region and the major events taking place this summer, including the FIFA World Cup 2026. Features include directions on how to use local transit services, and a Rail Services graphic in whic...
World Cup fans now have an online resource to help them navigate passenger rail options for getting to matches in the Northeast. Released by the Northeast Corridor Commission, the site gives an overview of the region and the major events taking place this summer, including the FIFA World Cup 2026. Features include directions on how to use local transit services, and a Rail Services graphic in which travelers can click on one of the rail carriers and see where it can take them. Millions of people are expected to visit the area between Washington D.C. and Boston this summer for the soccer games, with many of them unfamiliar with the transportation options. Amtrak and eight different regional rail lines provide service throughout the region. Amtrak links passengers to the various cities, while New Jersey Transit carries riders between Manhattan and the Garden State and to MetLife Stadium — host of eight matches, including the final. Visitors in Boston can get to games and around the area via the Massachusetts Bay Transportation Authority. The Northeast Corridor Commission develops strategies to better improve the area’s rail network, which includes Amtrak and regional public transportation systems. Read More: A $30,000 Helicopter or $150 Train: World Cup Transit Is a Mess Transportation for World Cup games has become contentious in recent weeks, as some providers jack up fairs. For instance, NJ Transit announced it’s raising train fares for World Cup matches to $150 roundtrip to cover the additional cost of carrying an estimated 40,000 fans to MetLife.
President Donald Trump was optimistic about signing a deal with Iran, which could include the Middle Eastern country exporting its uranium to the U.S. Trump told PBS News on a phone call that he feels the U.S. is close to a deal with Iran, adding, "but I felt that way before with them, so we'll see what happens." He also added that sending special envoys Steve Witkoff and Jared Kushner to the talk...
President Donald Trump was optimistic about signing a deal with Iran, which could include the Middle Eastern country exporting its uranium to the U.S. Trump told PBS News on a phone call that he feels the U.S. is close to a deal with Iran, adding, "but I felt that way before with them, so we'll see what happens." He also added that sending special envoys Steve Witkoff and Jared Kushner to the talks was "unlikely." A couple of hours ago, Trump had reportedly said it’s “too soon” to start preparing for peace talks with Iran despite optimistic reports suggesting the two nations are nearing a framework agreement to end their 67-day conflict. Earlier reports had suggested that the two countries were close to a deal with a one-page memorandum of understanding to end the conflict. The memorandum is expected to set a detailed plan for comprehensive nuclear talks between the two countries, reports said, citing two U.S. officials and two other sources. The president also told PBS that it's possible a deal could be done before his trip to China next week. Reports also suggested that the IRGC Navy has ensured the safe passage of vessels through the Strait of Hormuz. The news comes a day after U.S. officials indicated that recent Iranian strikes had not derailed a fragile cease-fire, even as American forces continue operations to support commercial shipping through the Strait of Hormuz. Washington also expects Iran to respond to several key points in the next 48 hours, according to the report. However, reports suggested that Iran has yet to respond to the U.S. proposals, which contain some unacceptable provisions, according to Iran's Tasnim News Agency. Dear readers : We recognize that politics often intersects with the financial news of the day, so we invite you to click here to join the separate political discussion. More on oil The Petroleum Inventory Crash: $200+ Oil Is Coming Soon US-Iran Peace Agreement: Market Implications And Strategic Scenarios U.S. February Oil Product...
Genesis AI, a startup that raised a $105 million seed round to build foundational AI for robotics, has unveiled its first model, GENE-26.5, but also a demo showcasing a set of robotic hands performing complex tasks.
Genesis AI, a startup that raised a $105 million seed round to build foundational AI for robotics, has unveiled its first model, GENE-26.5, but also a demo showcasing a set of robotic hands performing complex tasks.
Upstart Holdings (NASDAQ:UPST) is back in the spotlight after Piper Sandler lowered its price target to $46 from $56 while keeping an Overweight rating. The price target cut follows a Q1 2026 adjusted EBITDA miss that sent Upstart stock down 9% on May 6. The framing matters. Piper trimmed its target but didn’t pull its ... Piper Sandler Cuts Upstart Price Target to $46: Was the Q1 EBITDA Miss the ...
Upstart Holdings (NASDAQ:UPST) is back in the spotlight after Piper Sandler lowered its price target to $46 from $56 while keeping an Overweight rating. The price target cut follows a Q1 2026 adjusted EBITDA miss that sent Upstart stock down 9% on May 6. The framing matters. Piper trimmed its target but didn’t pull its ... Piper Sandler Cuts Upstart Price Target to $46: Was the Q1 EBITDA Miss the First Crack?
The former Spice Girl released new music this week, and fans were quick to point out an unfortunate typo. It’s certainly not the first time it’s happened Name: Melanie C, christened Melanie Chisholm, who is also known as Mel C and Sporty Spice … Age: She’s 52. Continue reading...
The former Spice Girl released new music this week, and fans were quick to point out an unfortunate typo. It’s certainly not the first time it’s happened Name: Melanie C, christened Melanie Chisholm, who is also known as Mel C and Sporty Spice … Age: She’s 52. Continue reading...