Today, there’s no denying that the NASDAQ-100 has been a potent vehicle for capital appreciation. For example, the Invesco NASDAQ 100 ETF (NASDAQ: QQQM) has returned 15.39% annualized over the past five years, propelled largely by the “Magnificent Seven” stocks and the index’s heavy large-cap growth tilt. Still though, income-focused investors have historically shied away ... Like the Nasdaq-100 B...
Today, there’s no denying that the NASDAQ-100 has been a potent vehicle for capital appreciation. For example, the Invesco NASDAQ 100 ETF (NASDAQ: QQQM) has returned 15.39% annualized over the past five years, propelled largely by the “Magnificent Seven” stocks and the index’s heavy large-cap growth tilt. Still though, income-focused investors have historically shied away ... Like the Nasdaq-100 But Hate the Lack of Income? These Monthly-Paying Nasdaq ETFs Have Yields of ~12%
Sundry Photography/iStock Editorial via Getty Images A prediction-market contract on Polymarket is offering a window into how traders are thinking about a potential SpaceX ( SPCX ) initial public offering, and the consensus points to a valuation clustered around $2T to $2.4T. According to the contract, traders are assigning a 73% probability that SpaceX ( SPCX ) would close its first trading day a...
Sundry Photography/iStock Editorial via Getty Images A prediction-market contract on Polymarket is offering a window into how traders are thinking about a potential SpaceX ( SPCX ) initial public offering, and the consensus points to a valuation clustered around $2T to $2.4T. According to the contract, traders are assigning a 73% probability that SpaceX ( SPCX ) would close its first trading day above a $2T market capitalization, with a 57% chance it finishes above $2.2T. The odds drop off sharply at higher valuations. The market shows just a 42% chance of a close above $2.4T, 17% above $3T, 10% above $3.2T, and a mere 3% probability of exceeding $4T. The implied pricing suggests traders expect a massive debut—but not the kind of extreme blowout that some private-market enthusiasm might suggest. Still, if the company reaches an estimated valuation of roughly $1.71T at the time of its June Nasdaq listing, it would reportedly surpass the previous record for the world’s most valuable newly public company, set by Saudi Aramco ( ARMCO ) during its 2019 debut. Polymarket More on SpaceX A Close Look At The SpaceX IPO Prospectus, And The Best Way To Get Exposure Now SpaceX IPO: Accelerated S&P 500 Inclusion Could Create A Liquidity Vacuum To A Trillion(s) Dollars And Beyond: A SpaceX IPO Odyssey SpaceX IPO may be too big to judge broader market recovery XOVR ETF boosts SpaceX position to ~23% of fund with $35M buy
Brandon Bell/Getty Images News SpaceX ( SPCX ) is preparing to launch the latest version of its massive Starship rocket on Thursday in a closely watched test that comes just one day after the company publicly filed for a blockbuster IPO . The launch is scheduled for 5:30 p.m. local time from the company’s Starbase site in South Texas. The mission will mark the first flight of Starship Version 3, a...
Brandon Bell/Getty Images News SpaceX ( SPCX ) is preparing to launch the latest version of its massive Starship rocket on Thursday in a closely watched test that comes just one day after the company publicly filed for a blockbuster IPO . The launch is scheduled for 5:30 p.m. local time from the company’s Starbase site in South Texas. The mission will mark the first flight of Starship Version 3, an upgraded model designed to improve performance, reliability and reusability. The test arrives at a pivotal moment for Elon Musk’s company. SpaceX ( SPCX ) disclosed plans this week for a public offering that could value the company at as much as $2 trillion, while also revealing significant losses and a share structure that would keep Musk firmly in control. Starship is central to SpaceX’s ( SPCX ) long-term growth plans. The rocket is intended to carry cargo and astronauts to the moon and eventually Mars, while also supporting ambitious projects such as launching huge numbers of Starlink satellites that could be used for AI-related computing infrastructure. NASA is also depending on Starship for its Artemis moon program. SpaceX holds roughly $4 billion in lunar landing contracts with the agency. The mission follows a difficult stretch for the program. Several Version 2 Starship test flights last year ended in explosions or technical failures, and the company also experienced accidents during ground testing at Starbase. SpaceX ( SPCX ) is attempting to build the world’s first fully reusable rocket system. Both the Super Heavy booster and the Starship spacecraft are designed to return intact after launch and fly again. The company has already demonstrated booster recoveries using its launch tower, though it has not yet recovered the entire system successfully. Version 3 includes upgraded Raptor engines, redesigned flight systems and changes intended to make the vehicle easier to reuse. Thursday’s mission will follow a familiar profile. After liftoff, the Super Heavy booste...
Image source: The Motley Fool. Monday, July 20, 2026 at 12 a.m. ET CALL PARTICIPANTS Chief Executive Officer and Acting Chairman — Erez Meltzer Chief Financial Officer — Ran Daniel Investor Relations — Mike Cavanaugh Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Revenue -- Nano-X Imaging NNOX +3.59% ) -- GAAP net loss -- $33.4 million, primarily due to a $17.5 million ...
Image source: The Motley Fool. Monday, July 20, 2026 at 12 a.m. ET CALL PARTICIPANTS Chief Executive Officer and Acting Chairman — Erez Meltzer Chief Financial Officer — Ran Daniel Investor Relations — Mike Cavanaugh Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Revenue -- Nano-X Imaging NNOX +3.59% ) -- GAAP net loss -- $33.4 million, primarily due to a $17.5 million noncash impairment from Korean manufacturing restructuring. -- $33.4 million, primarily due to a $17.5 million noncash impairment from Korean manufacturing restructuring. Teleradiology revenue -- $3.1 million generated, with GAAP gross profit of $0.9 million (27% margin) and non-GAAP gross profit of $1.5 million (48% margin). -- $3.1 million generated, with GAAP gross profit of $0.9 million (27% margin) and non-GAAP gross profit of $1.5 million (48% margin). Imaging systems revenue -- $49,000 earned, resulting in a GAAP and non-GAAP gross loss of $2.6 million from Nano-X ARC and OEM services in the U.S. -- $49,000 earned, resulting in a GAAP and non-GAAP gross loss of $2.6 million from Nano-X ARC and OEM services in the U.S. AI and software revenue -- $0.5 million reported, including $0.4 million from Nano-X Health IT following acquisition; non-GAAP gross profit reached $0.1 million. -- $0.5 million reported, including $0.4 million from Nano-X Health IT following acquisition; non-GAAP gross profit reached $0.1 million. Cost structure actions -- Manufacturing shifted to full outsourcing, with the Korean fab to become an R&D center, reducing ongoing OpEx and cash burn. -- Manufacturing shifted to full outsourcing, with the Korean fab to become an R&D center, reducing ongoing OpEx and cash burn. Commercial agreements -- 360 new system placements targeted over 2-3 years, including a U.S. agreement with Howard Technology Solutions to deploy 300 Nano-X ARC units (60 in year one). -- 360 new system placements targeted over 2-3 years, including a U.S. agreement with Howard Technolo...
Smokers in China are being chided by anti-smoking women toggle caption Johannes Eisele/AFP/via Getty Images Hilda Wang scolds smokers and posts videos of the encounters. She says she's a natural introvert –- but she gets so upset about smoking that her personality has changed. In a widely shared clip, she's lecturing a man with a cigarette in hand. He says she has no right to put him on video. She...
Smokers in China are being chided by anti-smoking women toggle caption Johannes Eisele/AFP/via Getty Images Hilda Wang scolds smokers and posts videos of the encounters. She says she's a natural introvert –- but she gets so upset about smoking that her personality has changed. In a widely shared clip, she's lecturing a man with a cigarette in hand. He says she has no right to put him on video. She tells the man he's an embarrassment, and he walks away. Wang comes into contact with a lot of smokers. She lives in China, a hard-smoking nation, and smoking habits tend to fall along a gender divide. According to the latest data from the World Health Organization , about 45% of males and 2% of females above the age of 15 smoke tobacco. Sponsor Message In Shenzhen, a densely-packed city of almost 20 million residents just north of Hong Kong, Wang is one of many women who have been confronting men smoking in public areas. Sometimes the confrontations end up on social media. "I hate bros," says Hilda's friend Luno Wang, who also scolds men she sees smoking. She says "bros" are lower IQ and less civilized, and don't respect others. She says she's asked men: "Is your cigarette a good thing for you to suck?" toggle caption Reena Advani/NPR In a clip that spread on social media this spring, a woman confronted a smoker at a bus stop. When he refused to put out his cigarette, she poured juice on it. He threw the empty cup at her, and both were arrested. The woman posted afterward on China's social media Weibo that she was strip-searched by police; her posts were later taken down. The state-owned China Daily said a female officer gave her a "safety check" in accordance with regulations. China Daily also reported that the man was breaking Shenzhen's rules for no smoking at bus stops and he was fined. The anti-smoking brigade has a lot of confrontations ahead of it. "I love smoking," says Tan Tia-shan, a restaurant kitchen worker who's been doing it since he was a pilot in the army 4...
(RTTNews) - A report released by the Federal Reserve Bank of Philadelphia on Thursday showed regional manufacturing activity unexpectedly weakened in the month of May. The Philly Fed said its diffusion index for current general activity plummeted to a negative 0.4 in May from a positive 26.7 in April, with a negative reading indicating contraction. Economists had expected the index to pull back to...
(RTTNews) - A report released by the Federal Reserve Bank of Philadelphia on Thursday showed regional manufacturing activity unexpectedly weakened in the month of May. The Philly Fed said its diffusion index for current general activity plummeted to a negative 0.4 in May from a positive 26.7 in April, with a negative reading indicating contraction. Economists had expected the index to pull back to a positive 15.0. The steep drop by the headline index partly reflected a significant downturn in new orders, as the new orders index dove to a negative 1.7 in May from a positive 33.0 in April. The shipments index also plunged to a positive 4.9 in May from a positive 34.0 in April, although the positive reading still indicates growth. The report said the number of employees index rose to a negative 2.8 in May from a negative 5.1 in April, but the negative reading still suggests overall declines in employment. On the inflation front, the Philly Fed said both price indexes declined this month but remained above their long-run non-recession averages. The prices paid index tumbled to 47.9 in May from 59.3 in April, while the prices received index slumped to 26.3 in May from 33.5 in April. Meanwhile, the Philly Fed said firms continue to expect overall growth over the next six months, with the diffusion index for future general activity surging to 53.2 in May from 40.8 in April and reaching its highest reading since June 2021. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
DNC chair Ken Martin makes a speech during the press conference for the DNC site visit at Ball Arena in Denver, Colorado on Wednesday, May 6, 2026. Hyoung Chang | Denver Post | Getty Images The Democratic National Committee on Thursday released the long-awaited autopsy of its 2024 election wipeout, only for party Chair Ken Martin to eviscerate the incomplete report as an inadequate work product. T...
DNC chair Ken Martin makes a speech during the press conference for the DNC site visit at Ball Arena in Denver, Colorado on Wednesday, May 6, 2026. Hyoung Chang | Denver Post | Getty Images The Democratic National Committee on Thursday released the long-awaited autopsy of its 2024 election wipeout, only for party Chair Ken Martin to eviscerate the incomplete report as an inadequate work product. The report, released in full along with annotations highlighting perceived shortcomings, has some sections left entirely blank, including the executive summary and conclusion. A disclaimer sits at the top of each page saying: "This document reflects the views of the author, not the DNC." DNC Chair Ken Martin wrote a Substack post accompanying the report, where he addressed simmering frustration over the party's decision to shelve the report. He said he did so because the report "wasn't ready for primetime. Not even close," and its release would "create a distraction." Martin apologized that his decision to hold the report "ended up creating an even bigger distraction," and slammed the contents of the report. Read more CNBC politics coverage Trump’s face doesn’t belong on U.S. passport, senators tell Rubio Jan. 6 police officers sue Trump to block $1.8B ‘lawfare’ fund Breakthrough agreement in housing bill gives investors wins Democrats make demands of U.S. trade representative ahead of U.S.-Mexico-Canada Agreement review "I am not proud of this product; it does not meet my standards, and it won't meet your standards. I don't endorse what's in this report, or what's left out of it," Martin wrote. "I could not in good faith put the DNC's stamp of approval on it. But transparency is paramount. So, today I am releasing the report as I received it – in its entirety, unedited and unabridged – with annotations for claims that couldn't be verified." The report made numerous sharp critiques of Democrats in the lead-up to the 2024 election. But it also includes annotations that the DN...
Workday 在纽约举行的Sana AI峰会上宣布推出Sana for IT Service Management和全新旅行智能体，将代理式AI能力从人力与财务领域拓展至IT服务管理和差旅费用管理。 Sana for ITSM能够根据Workday中已有的员工职位变动数据，自动触发权限开通和回收等IT操作，并支持员工通过自然语言对话完成密码重置、软件安装等常见请求，同时将复杂工单自动分派至相应团...
Workday 在纽约举行的Sana AI峰会上宣布推出Sana for IT Service Management和全新旅行智能体，将代理式AI能力从人力与财务领域拓展至IT服务管理和差旅费用管理。 Sana for ITSM能够根据Workday中已有的员工职位变动数据，自动触发权限开通和回收等IT操作，并支持员工通过自然语言对话完成密码重置、软件安装等常见请求，同时将复杂工单自动分派至相应团队。Workday首席AI官Joel Hellermark表示，IT团队的目标不是处理更多工单，而是减少工单、实现运维更精简。 旅行智能体则将差旅规划、预订和费用报销整合为单一对话流程。员工可通过对话协调行程，智能体会根据公司政策自动预订并实时完成费用报告，财务团队可实时掌握已承诺支出。Workday产品高级副总裁Max Wessel称，最好的费用报告就是永远不用动手做的那份。 两项新工具均内置于Workday平台，沿用企业已配置的安全与治理模型。Sana for ITSM预计2026年下半年向早期试用客户开放，旅行智能体现已可供早期试用。 责任编辑：张俊 SF065
Key Points For a company preparing the largest IPO ever, SpaceX's financials aren't anything to write home about. The company is losing money, not growing revenue all that meaningfully, and spending a ton on growth. The company has a potentially massive addressable market, but investors will have to try to understand how much is baked in at a $1.5 to $2 trillion valuation. These 10 stocks could mi...
Key Points For a company preparing the largest IPO ever, SpaceX's financials aren't anything to write home about. The company is losing money, not growing revenue all that meaningfully, and spending a ton on growth. The company has a potentially massive addressable market, but investors will have to try to understand how much is baked in at a $1.5 to $2 trillion valuation. These 10 stocks could mint the next wave of millionaires › SpaceX has finally released its highly anticipated preliminary prospectus ahead of a massive initial public offering expected in June. SpaceX may be a generational company run by a generational founder in Elon Musk, but its financials leave much to be desired. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » What makes them even harder to get behind is that SpaceX, according to various media reports, is looking to raise $75 to $80 billion at a valuation of $1.5 trillion to $2 trillion, making it the largest IPO of all time. There's a lot to unpack, but let's take a look at some of its high-level financials. Losing money with revenue growth that's nothing special On a consolidated basis, SpaceX generated nearly $18.7 billion in revenue in 2025, a 33% increase from 2024. Revenue in the first quarter of 2026 of nearly $4.7 billion increased about 15% year over year. SpaceX lost over $4.9 billion in 2025 and $4.3 billion in the first quarter of 2026, during which the company acquired xAI, the owner of the digital artificial intelligence assistant Grok. Adjusted EBITDA in these periods was nearly $6.6 billion and $1.13 billion, respectively. The company has three key segments: space operations, which include launching crewed missions for clients such as NASA in a cost-efficient manner; Starlink satellite internet; and artificial intelligence. SpaceX's best-performing business ...
Valued at $19.6 billion, IonQ (IONQ +13.07%) stock is the biggest pure play on quantum computing you can buy. That's the good news for IonQ today. The bad news is that... the United States government is not buying IonQ stock -- but it's buying shares in just about everybody but IonQ. This is the news that's moving IonQ stock up 9.5% through 10:35 a.m. ET Thursday morning: According to an exclusive...
Valued at $19.6 billion, IonQ (IONQ +13.07%) stock is the biggest pure play on quantum computing you can buy. That's the good news for IonQ today. The bad news is that... the United States government is not buying IonQ stock -- but it's buying shares in just about everybody but IonQ. This is the news that's moving IonQ stock up 9.5% through 10:35 a.m. ET Thursday morning: According to an exclusive report in today's The Wall Street Journal, the Trump Administration will award $2 billion in grants to nine quantum computing companies and take equity stakes to secure its investment in each. Money for thee, but not for me IonQ is not one of these companies, but its smaller publicly traded rivals D-Wave Quantum (QBTS +25.70%), Infleqtion (INFQ +30.59%), and Rigetti Computing (RGTI +24.53%) are all receiving grants and investments. So too is that old dinosaur of computing, International Business Machines (IBM +8.32%) -- which indeed is getting half the funds on offer, a nice, round $1 billion. D-Wave, Infleqtion, and Rigetti will each receive $100 million. Globalfoundries (GFS +10.69%) will get $375 million, and the rest will be parceled out among a handful of privately owned companies -- including one part-owned by Donald Trump Jr's 1789 Capital! But again, no money for IonQ. Expand NYSE : IONQ IonQ Today's Change ( 13.07 %) $ 6.86 Current Price $ 59.33 Key Data Points Market Cap $20B Day's Range $ 53.97 - $ 61.12 52wk Range $ 25.89 - $ 84.64 Volume 2M Avg Vol 29M Gross Margin -2879.52 % What does this mean for IonQ stock? So how is any of this good news for IonQ, if it's getting no money, and everyone else is getting a lot of money -- plus backing from the U.S. government that will give it an interest in seeing IonQ's rivals succeed (and perhaps that IonQ fails)? I honestly don't get the logic behind investors buying IonQ on this news. With analysts still expecting the stock to lose money for years, it may be time to sell.
Image source: The Motley Fool. Thursday, May 21, 2026 at 8 a.m. ET CALL PARTICIPANTS Chief Executive Officer — John Cotterell Chief Financial Officer — Mark Thurston Host — Laurence Madsen TAKEAWAYS Revenue -- GBP 178.5 million, a decrease of 8.4% year over year, and 6.4% year over year in constant currency. -- GBP 178.5 million, a decrease of 8.4% year over year, and 6.4% year over year in consta...
Image source: The Motley Fool. Thursday, May 21, 2026 at 8 a.m. ET CALL PARTICIPANTS Chief Executive Officer — John Cotterell Chief Financial Officer — Mark Thurston Host — Laurence Madsen TAKEAWAYS Revenue -- GBP 178.5 million, a decrease of 8.4% year over year, and 6.4% year over year in constant currency. -- GBP 178.5 million, a decrease of 8.4% year over year, and 6.4% year over year in constant currency. Loss Before Tax -- GBP 372 million, primarily due to a one-off noncash goodwill impairment of GBP 364.6 million. -- GBP 372 million, primarily due to a one-off noncash goodwill impairment of GBP 364.6 million. Adjusted Profit Before Tax -- GBP 3.2 million, down from GBP 24.6 million, with adjusted PBT margin at 1.8% compared to 12.6%. -- GBP 3.2 million, down from GBP 24.6 million, with adjusted PBT margin at 1.8% compared to 12.6%. Adjusted Diluted EPS -- 5p, reflecting a significant decline from 34p in the comparable period. -- 5p, reflecting a significant decline from 34p in the comparable period. AI-Driven Business Revenue -- 15% of total, or GBP 27 million, up from 5% one year prior; management stated "margins on its AI-driven business are higher than our traditional digital transformation business." -- 15% of total, or GBP 27 million, up from 5% one year prior; management stated "margins on its AI-driven business are higher than our traditional digital transformation business." Free Cash Flow -- Adjusted free cash flow was negative GBP 3.1 million, compared to positive GBP 17.5 million a year ago, mainly due to increased receivables. -- Adjusted free cash flow was negative GBP 3.1 million, compared to positive GBP 17.5 million a year ago, mainly due to increased receivables. Cash and Cash Equivalents -- GBP 48.4 million at period end; borrowings increased to GBP 195.8 million, largely to fund the share repurchase program. -- GBP 48.4 million at period end; borrowings increased to GBP 195.8 million, largely to fund the share repurchase program. Impairments...
DNY59/iStock via Getty Images With Nvidia's results now reported, dispersion season may be ending. Dispersion in the equity market has been a crowded trade over the past several weeks, and positioning now appears stretched and vulnerable to an unwind. The basic trade is to be long single-stock volatility and short index-level volatility. For example, one might be long Nvidia implied volatility thr...
DNY59/iStock via Getty Images With Nvidia's results now reported, dispersion season may be ending. Dispersion in the equity market has been a crowded trade over the past several weeks, and positioning now appears stretched and vulnerable to an unwind. The basic trade is to be long single-stock volatility and short index-level volatility. For example, one might be long Nvidia implied volatility through options positions and short the S&P 500 volatility. This trade spans multiple stocks and has likely contributed to the sharp rally in technology and semiconductor stocks since the April low. With Nvidia earnings behind us, single-stock implied volatility may begin to compress, dispersion should decline, and implied correlation should rise. Earnings Season Presents the Opportunity Earnings season creates the ideal backdrop for trading volatility, as implied volatility on single stocks rises into earnings and then falls after earnings. Meanwhile, index volatility is systematically sold, leading to a sharp decline in the VIX. This can be measured by comparing the implied volatility of S&P 500 constituents (VIXEQ) with the VIX Index ( VIX ). What is noticeable in the current season is that implied volatility on the S&P 500 fell sharply, with the VIX dropping from roughly 30 to around 17. Meanwhile, single-stock volatility, as measured by the VIXEQ, remained elevated in the upper 30s and low 40s throughout. TradingView In fact, this earnings season has been unique in that the spread between single-stock volatility and index volatility reached historic extremes, only higher during the winter of 2026. TradingView Even when looking at the relationship as a ratio, the VIXEQ / VIX ratio remains at the upper end of the historical range. This suggests positioning in the dispersion trade has become increasingly stretched. TradingView Seasonality at Play The S&P 500 dispersion index is another measure of this, and that too reached elevated levels this earnings season, peaking at ove...
Earnings Call Insights: StepStone Group Inc. (STEP) Q4 fiscal 2026 Management view Scott Hart (CEO, Partner & Director) said StepStone delivered “our best quarter ever of fee-related earnings, our best quarter ever of fundraising across the platform and our highest quarter ever of organic private wealth subscriptions on both a gross and net basis,” adding, “We expect top line growth and operating ...
Earnings Call Insights: StepStone Group Inc. (STEP) Q4 fiscal 2026 Management view Scott Hart (CEO, Partner & Director) said StepStone delivered “our best quarter ever of fee-related earnings, our best quarter ever of fundraising across the platform and our highest quarter ever of organic private wealth subscriptions on both a gross and net basis,” adding, “We expect top line growth and operating leverage will continue to spur FRE growth in fiscal 2027.” Hart highlighted record capital formation of “nearly $14 billion” and said private wealth demand stayed strong with “$2.3 billion of new subscriptions” against “approximately $300 million” of redemptions, while describing SPRING as a standout with “$1.2 billion” of subscriptions and “11% year-to-date performance through April, following 39% performance in 2025.” Michael McCabe (Partner, head of strategy & Director) said UFEC rose “by $7 billion to roughly $40 billion, our highest level ever,” and outlined planned activations: “within the next 2 quarters, we plan to activate our flagship PE secondaries fund and our GP-led private equity secondaries fund.” David Park (Partner & CFO) reported profitability and expense framing, saying, “We earned fee revenues of $260 million,” “FRE margin was 40% for the quarter,” and “We expect to continue to invest in our business for growth while balancing profitability.” Outlook Hart said the firm “expect[s] top line growth and operating leverage will continue to spur FRE growth in fiscal 2027,” while also stating, “We expect and underwrite for default rates to increase from current low levels.” McCabe guided to upcoming fee-earning conversion catalysts, saying, “A healthy amount of this undeployed capital should convert to fee earning in the coming periods as management fees turn on for several notable funds,” and added that a flagship PE secondaries pricing change “will have an approximate 3 to 4 basis points initial impact on the firm-wide blended commingled fund fee rate,” while...
In this article STLA STLA Follow your favorite stocks CREATE FREE ACCOUNT Ram Rumble Bee launches with the 5.7-liter Hemi V-8 (left), with availability starting late 2026; Rumble Bee 392 (right) and Rumble Bee SRT (center) arrive in the first half of 2027. Courtesy: Ram Trucks AUBURN HILLS, Mich. — Stellantis plans to increase its North American sales by 35% by 2030, including by reviving its bele...
In this article STLA STLA Follow your favorite stocks CREATE FREE ACCOUNT Ram Rumble Bee launches with the 5.7-liter Hemi V-8 (left), with availability starting late 2026; Rumble Bee 392 (right) and Rumble Bee SRT (center) arrive in the first half of 2027. Courtesy: Ram Trucks AUBURN HILLS, Mich. — Stellantis plans to increase its North American sales by 35% by 2030, including by reviving its beleaguered Chrysler brand that has relied on one product for several years. The expected growth, focused on its traditional U.S. brands, is targeting 60% sales increases for Chrysler and Ram Trucks; 10% for its Dodge performance brand; and 15% for Jeep. It did not disclose targets for Fiat or Alfa Romeo, which are also sold minimally in North America. Ram CEO Tim Kuniskis , who also oversees its other American brands, said the target is to increase the American brand sales from 1.4 million last year to 1.9 million in 2030, despite expectations of industry volume being flat during that timeframe at 20 million vehicles overall. Stellantis plans to do so largely through new vehicle introductions that extend the company's market coverage, Kuniskis said Thursday during an investor event where the company announced a new five-year, 60 billion euros (US$69.7 billion) turnaround plan under CEO Antonio Filosa. "We're not choosing between growth and profitability. We will improve both together," Filosa said Thursday about the company's North American operations. watch now VIDEO 1:32 01:32 Stellantis unveils strategic plan: Here's what to know Squawk Box The North American sales plan includes increasing models by 50%, with a focus on entry-level and high-performance bookends. The automaker also intends to increase revenue for the region by 25% by 2030, with an adjusted operating margin of between 8% and 10%. Stellantis expects to increase the number of "affordable" vehicles under $40,000 it offers from two to nine by 2030, while also offering eight new SRT performance models to increase ...
Tsakos Energy Navigation (NYSE:TEN) reported sharply higher first-quarter 2026 results, with executives saying geopolitical disruptions and strong underlying tanker fundamentals drove higher utilization, stronger rates and increased profit-sharing revenue. Chairman Efstratios-Georgios Arapoglou said the company’s portfolio-based operating model “has proved it works in good and in bad markets,” cit...
Tsakos Energy Navigation (NYSE:TEN) reported sharply higher first-quarter 2026 results, with executives saying geopolitical disruptions and strong underlying tanker fundamentals drove higher utilization, stronger rates and increased profit-sharing revenue. Chairman Efstratios-Georgios Arapoglou said the company’s portfolio-based operating model “has proved it works in good and in bad markets,” citing sustainable profitability, rising dividends and a cash buffer that remains “well above $350 million.” He said the company has booked upfront revenues for the next two years of $3.6 billion across time charters and profit-sharing arrangements. Founder and CEO Nikolas P. Tsakos said the first quarter reflected both strong market fundamentals and the early effects of geopolitical disruptions, adding that the current second quarter is benefiting more fully from those market effects. “It looks like it’s going to be a much stronger quarter either than this record quarter because of geopolitical effects,” Tsakos said. First-Quarter Earnings Rise on Higher Rates and Utilization CFO Theoharrys E. Kosmatos said TEN generated voyage revenues of $253 million in the first quarter, up $56 million from the same period in 2025. Fleet utilization rose to 98.3% from 97.2% a year earlier, with each quarter including two vessels undergoing scheduled dry dockings. The company’s time charter equivalent rate reached nearly $41,000 per ship per day, compared with about $31,000 per day in the first quarter of 2025, a 33% increase. Kosmatos said the reduction in vessels operating in the spot market helped lower voyage expenses by $6.2 million to $29.8 million. Vessel operating expenses were $53.3 million, up from $49.6 million a year earlier, reflecting a larger fleet. Operating expenses per ship per day were $9,952, which Kosmatos described as “still competitive” and approximately one-fourth of the TCE rate. Operating income was just under $110 million, compared with $57 million in last year’s ...