welcomeinside/iStock via Getty Images FuboTV Inc. ( FUBO ) cratered over the last few months for a myriad of reasons, but the reverse stock split was the final force producing a bottom. The sports streaming platform is headed towards a far better financial picture with the Disney ( DIS ) deal and distribution via ESPN. My investment thesis is far more Bullish with a path to much higher EBITDA prof...
welcomeinside/iStock via Getty Images FuboTV Inc. ( FUBO ) cratered over the last few months for a myriad of reasons, but the reverse stock split was the final force producing a bottom. The sports streaming platform is headed towards a far better financial picture with the Disney ( DIS ) deal and distribution via ESPN. My investment thesis is far more Bullish with a path to much higher EBITDA profits now. Source: Finviz Reverse Split Damage Along with the FQ1'26 earnings report , FuboTV announced plans to carry out a reverse stock split. The stock was trading around $25 and ultimately slumped to only $10. A reverse split is usually the signal of a company in a dire financial position. Stocks can easily fall to new lows once completing a split due to market dynamics, regardless of the actual business prospects. FuboTV doesn’t exactly fit this bill with the Hulu/Disney transaction and plans to dramatically increase adjusted EBITDA profits and turn cash flow positive in FY27. Disney now owns 70% of FuboTV via the addition of the Hulu + Live TV business with around $4.6 billion in TTM revenues while FuboTV and a business with $1.6 billion for a combined $6.2 billion TTM through December 31. The company ended up completing a 1-for-12 reverse split on March 23. FuboTV now has ~108 million shares outstanding (29.4 million Class A, 79.0 million Class B - Disney). In the April 6 shareholder update, CEO Dave Gandler highlighted the less promising aspect of the business as follows: While subscriber growth remains a key long-term driver of value, we are focused on pursuing that growth in an efficient and profitable manner. In the near term, this means prioritizing margin expansion and sustainable cash flow, which may result in periods of flat or modestly declining subscriber levels . FuboTV is financially more sound with the Hulu + Live TV business, but the company doesn't exactly have strong long-term growth prospects with the CEO pointing to the potential for periods with dec...
J Studios/DigitalVision via Getty Images Elevance Health, Inc. ( ELV ) is a leading company in the Healthcare space, providing risk insurance through its subsidiaries Wellpoint and Anthem, as well as having a fee-based model called Carelon. The Elevance share price has been in the doldrums, along with peers since early 2025, as a result of poor profitability in several segments. One of the key cha...
J Studios/DigitalVision via Getty Images Elevance Health, Inc. ( ELV ) is a leading company in the Healthcare space, providing risk insurance through its subsidiaries Wellpoint and Anthem, as well as having a fee-based model called Carelon. The Elevance share price has been in the doldrums, along with peers since early 2025, as a result of poor profitability in several segments. One of the key challenges has been the level of insurance premium rate increases paid by the government under Medicare agreements. Around the time that Elevance and peers were reporting lacklustre 2025 results, and guidance for 2026, the government announced flat rates for Medicare Advantage insurance . The combination of a weak outlook, and new bad news pulled the stock price down for the first part of the year. Data by YCharts However, the rate proposal was just an opening salvo from the government, which prompted negotiations with the health insurers. These have now culminated in an improvement to the proposed rates for 2027. The new agreed rate is for an average increase of 2.48%, as reported here by Seeking Alpha. The market reacted positively, with the share price moving up by close to 7% on April 6th. Data by YCharts In the current market, news items seem to have a disproportionate impact on share prices. This article looks into the real impact of the news, to determine if the market move up is justified by the facts. Health Insurance Sector Recap Health Insurance stocks experienced a wild ride in 2025 as medical care costs have exceeded expectations, and earnings guidance was adjusted downwards. After a big drop into and following the mid year earnings, the sector seemed to have found a bottom. Stock prices recovered into the year end, only to fall again around the FY 2025 results and the corresponding outlook. Over the last 12 months, ELV, while holding up better than peers like United Health ( UNH ) and Centene ( CNC ) is still down some 30%. Data by YCharts You can see that the cu...
(RTTNews) - Kicking off this week's series of announcements of the results of its long-term securities auctions, the Treasury Department on Tuesday revealed this month's auction of $58 billion worth of three-year notes attracted above average demand.
(RTTNews) - Kicking off this week's series of announcements of the results of its long-term securities auctions, the Treasury Department on Tuesday revealed this month's auction of $58 billion worth of three-year notes attracted above average demand.
AMD’s (AMD) AI story is starting to shift. The company is no longer just a beneficiary of rising AI demand. It is now generating meaningful revenue and profit from its data-center business, giving investors a more tangible earnings base today. That changes the setup for the stock. The next phase of ...
AMD’s (AMD) AI story is starting to shift. The company is no longer just a beneficiary of rising AI demand. It is now generating meaningful revenue and profit from its data-center business, giving investors a more tangible earnings base today. That changes the setup for the stock. The next phase of ...
Tom Mackay , head of derivatives at IXM Holding SA, is leaving the metals trading house — the latest of several senior departures in recent months — according to people familiar with the matter. Mackay was appointed head of derivatives in December as part of a staff overhaul after Branko Buhavac took over as chief executive officer following the departure of Kenny Ives. He has worked at IXM and it...
Tom Mackay , head of derivatives at IXM Holding SA, is leaving the metals trading house — the latest of several senior departures in recent months — according to people familiar with the matter. Mackay was appointed head of derivatives in December as part of a staff overhaul after Branko Buhavac took over as chief executive officer following the departure of Kenny Ives. He has worked at IXM and its previous owner Louis Dreyfus Co. for more than two decades, joining as a graduate trainee and holding roles including head of refined metals and head of copper, according to his Linkedin profile . Geneva-headquartered IXM is one of the largest metals traders after industry leaders Trafigura Group and Glencore Plc . It is the trading arm of Chinese mining giant CMOC Group Ltd. , marketing the copper and cobalt produced at CMOC’s assets in the Democratic Republic of Congo in addition to third-party trading. IXM’s traded volumes dropped 15% to 4.7 million tons last year, and are set to fall to 4 million-4.5 million tons this year, CMOC said in its annual report . Still, it described the 2025 result as an “outstanding performance.” A spokesperson for IXM declined to comment.
Walmart ( WMT ) shares snapped six straight sessions of gains on Tuesday, as the stock was 3% lower at $122.95. The global retail and wholesale giant gained over 3% in the preceding six sessions. So far this year, the stock has added nearly 11%, compared to the 4% drop in the broader S&P 500 Index ( SP500 ). WMT is down 1% over the past one month. Looking at Seeking Alpha's Quant Rating, WMT has a...
Walmart ( WMT ) shares snapped six straight sessions of gains on Tuesday, as the stock was 3% lower at $122.95. The global retail and wholesale giant gained over 3% in the preceding six sessions. So far this year, the stock has added nearly 11%, compared to the 4% drop in the broader S&P 500 Index ( SP500 ). WMT is down 1% over the past one month. Looking at Seeking Alpha's Quant Rating, WMT has a Hold rating with a score of 3.4 out of 5. The company received A+ in the prospect of profitability, while it received C in the growth factor. Seeking Alpha analysts are pessimistic and see the stock as a Sell. Turning to the Wall Street , 39 analysts have given the stock a Buy or above rating. Three gave the stock hold recommendation, while one gave Strong Sell rating to WMT. “Competitive threats from Amazon, inflation, and rising oil prices may constrain WMT's pricing flexibility and profitability,” pointed out a recent Seeking Alpha analysis. More on Walmart Walmart: Mounting Headwinds And High Valuation Warrant A Downgrade As A Stock, Walmart Offers Poor Value While Kroger Is Priced At A Discount Walmart: All-Weather Status Ironically Creates Risk For Investors Most and least shorted large-cap consumer staples at March end Sam's Club fee increase is expected to boost Walmart, Costco, and BJ's
A popular Tesla (NASDAQ:TSLA) alternative, Lucid Group (NASDAQ:LCID) shares are trading near their 52-week low at $8.81, down 64% over the past year and off roughly 16% year-to-date. The catalyst bringing Lucid back into Reddit’s crosshairs is a messy Q1 delivery report combined with a product recall that exposed a supply chain vulnerability. In Q1 ... A Faulty Weld Stopped Gravity Deliveries for ...
A popular Tesla (NASDAQ:TSLA) alternative, Lucid Group (NASDAQ:LCID) shares are trading near their 52-week low at $8.81, down 64% over the past year and off roughly 16% year-to-date. The catalyst bringing Lucid back into Reddit’s crosshairs is a messy Q1 delivery report combined with a product recall that exposed a supply chain vulnerability. In Q1 ... A Faulty Weld Stopped Gravity Deliveries for 29 Days and Lucid Stock Is Down 64% Over the Past Year
UBS Group AG failed to persuade a US judge to modify a 1999 legal settlement about claims against Swiss banks over their handling of Nazi victims during the Holocaust. US District Judge Edward Korman turned aside the bank’s request to release it from fresh claims for financial restitution based on new revelations about Nazi-linked accounts. Korman presided over the $1.25 billion accord in which UB...
UBS Group AG failed to persuade a US judge to modify a 1999 legal settlement about claims against Swiss banks over their handling of Nazi victims during the Holocaust. US District Judge Edward Korman turned aside the bank’s request to release it from fresh claims for financial restitution based on new revelations about Nazi-linked accounts. Korman presided over the $1.25 billion accord in which UBS and other banks expected protection from all new future financial claims. UBS has been locked in a dispute in federal court in Brooklyn, New York with the Simon Wiesenthal Center , a US-based group known for its pursuit of Nazis, that the bank said could expose it to billions of dollars in new financial claims for its wartime business with the Third Reich. UBS had argued that the 1990s accord in which the company and other Swiss banks settled the claims of Nazi victims covered it from any potential further liability — known or unknown at the time. UBS acquired Credit Suisse in 2023. At a hearing before Korman in March, UBS attorney David Burns said the bank wanted a clarification from the judge about the accord to block the Wiesenthal center from suing for more money and to bar the organization from publicly discussing any findings about Nazi assets. In a ruling on Tuesday, Korman said there is no lawsuit or motion before him, and he can’t issue an advisory opinion. The case is 96-cv-04849, US District Court, Eastern District of New York, Brooklyn.
Abu Hanifah/iStock via Getty Images Last October, I highlighted that it was the best time in years to buy the Schwab U.S. Dividend Equity ETF ( SCHD ). Since then, SCHD has soared higher, significantly outperforming the S&P 500 ( SPY ) over that period. Data by YCharts I recently recapped the investment thesis a few weeks ago and concluded that, while the thesis was not as attractive from a valuat...
Abu Hanifah/iStock via Getty Images Last October, I highlighted that it was the best time in years to buy the Schwab U.S. Dividend Equity ETF ( SCHD ). Since then, SCHD has soared higher, significantly outperforming the S&P 500 ( SPY ) over that period. Data by YCharts I recently recapped the investment thesis a few weeks ago and concluded that, while the thesis was not as attractive from a valuation standpoint as it was last October, the surge in valuations and the bullish outlook for energy ( XLE ) positioned SCHD to kick its dividend growth into high gear. Since then, SCHD has conducted its annual reconstitution based on changes to the Dow Jones U.S. Dividend 100 Index, which took place on March 20th. In this article, I'm going to recap the reconstitution and highlight the significant changes made to SCHD's portfolio and what they mean for the investment thesis moving forward. The SCHD Model: What Makes It Work Before I dig into the details, it is important to remember that SCHD's model is based on filtering for high-quality companies that combine attractive dividend yields with strong dividend growth and strong profitability and then engaging in annual reshuffling of the portfolio that leads to natural capital recycling over time. This helps to drive its significant dividend growth over time, as over the past decade it has grown its dividend per share at an over 10% CAGR. On top of that, it combines an attractive dividend yield of around 3.5% with one of the lowest expense ratios in the entire ETF space of just 0.06% to provide investors an efficient and attractive way to invest in dividend growth stocks over the long term. The Major New Additions Overall, SCHD saw 25 additions and 22 deletions from its portfolio, leading to 31% turnover, which is one of the largest reconstitutions in recent years for the fund. Schwab Asset Management The major new additions to the portfolio included a 4% weight to UnitedHealth Group ( UNH ), which was the largest new position. ...
Trump Endorses Steve Hilton In California Gubernatorial Primary Authored by Dave Mason via The Center Square , President Donald Trump has endorsed former Fox News anchor Steve Hilton in California’s Republican gubernatorial primary. Trump picked Hilton over the other prominent GOP candidate – Riverside County Sheriff Chad Bianco, who is an outspoken Trump supporter. Sunday night’s endorsement on s...
Trump Endorses Steve Hilton In California Gubernatorial Primary Authored by Dave Mason via The Center Square , President Donald Trump has endorsed former Fox News anchor Steve Hilton in California’s Republican gubernatorial primary. Trump picked Hilton over the other prominent GOP candidate – Riverside County Sheriff Chad Bianco, who is an outspoken Trump supporter. Sunday night’s endorsement on social media comes as Democrats face the risk of being shut out of the general election for the first time in the Golden State’s history. Besides the two Republicans, there are eight prominent Democratic candidates. Under California law, the two candidates with the highest number of votes in the June 2 primary, regardless of party affiliation, will face off in the Nov. 3 election. Hilton and Bianco could get more votes if Democrats spread their votes among the eight candidates. And a recent University of California, Berkeley poll shows Hilton, a small business owner in addition to being a former commentator, and Bianco are ahead of the Democratic candidates. According to the poll, Hilton has 17% of the vote, and Bianco, 16%. The leading Democratic candidates are U.S. Rep. Eric Swalwell of San Francisco with 14%, former U.S. Rep. Katie Porter of Orange County with 13% and billionaire and consumer protection advocate Tom Steyer, who financed the successful campaign to pass congressional redistricting in California, with 10%. The poll says none of the five remaining prominent Democrats – former Health Secretary Xavier Becerra, former Los Angeles Mayor Antonio Villaraigosa, state Superintendent of Public Instruction Tony Thurmond, former state Controller Betty Yee and San Jose Mayor Matt Mahan – has more than 5% of the vote. Prediction markets see it a different way to the polls... The Democratic Party is taking the risk seriously, with California Democratic Party Chair Rusty Hicks urging Democrats with less support to drop out. So far, no one has budged. Hicks has said the risk...
Rahm intends to end standoff to play at next year’s event Spaniard paired alongside Gotterup and Åberg at Masters Jon Rahm has declared he will play for Europe in next year’s Ryder Cup, with the Spaniard confident of ending his standoff with the DP World Tour by this September. Rahm’s sentiment from Augusta National will raise Luke Donald’s confidence that he will be able to call on one of his key...
Rahm intends to end standoff to play at next year’s event Spaniard paired alongside Gotterup and Åberg at Masters Jon Rahm has declared he will play for Europe in next year’s Ryder Cup, with the Spaniard confident of ending his standoff with the DP World Tour by this September. Rahm’s sentiment from Augusta National will raise Luke Donald’s confidence that he will be able to call on one of his key team members for Europe’s Ryder Cup defence. Rahm has been subject to fines reaching seven figures for participating on the LIV Tour without consent from the DP World Tour, of which he is still a member. Rahm dropped his appeal over the sanctions recently, which leaves him in default to the DP World Tour and unavailable for Ryder Cup selection. He also turned down a deal which would have seen the situation resolved in return for playing six designated DP World Tour events. Continue reading...
We saw a host of excellent Bose discounts during Amazon’s so-called Big Spring Sale last month; however, none of them were quite as steep as the current price drop we’re seeing on the latest Bose Soundlink Flex . Right now, the portable speaker is on sale at Amazon , Walmart , and Best Buy for $119 ($40 off), nearly matching its best price to date. Bose Soundlink Flex (second-gen) Where to Buy: $1...
We saw a host of excellent Bose discounts during Amazon’s so-called Big Spring Sale last month; however, none of them were quite as steep as the current price drop we’re seeing on the latest Bose Soundlink Flex . Right now, the portable speaker is on sale at Amazon , Walmart , and Best Buy for $119 ($40 off), nearly matching its best price to date. Bose Soundlink Flex (second-gen) Where to Buy: $159 $119 at Amazon $159 $119 at Walmart $159 $119 at Best Buy A few years back, we crowned the original Soundlink Flex the best portable Bluetooth speaker under $200 . It was an impressive speaker with expansive sound and a surprising amount of low-end thump, not to mention a rugged, IP67-rated design that allowed you to take it pretty much anywhere. It was a real winner in many respects, particularly for its compact size, which is probably why Bose didn’t feel the need to completely reinvent the wheel with the second iteration. The second-gen Flex is nearly identical to the first-gen model, only with a few subtle refinements. The travel-friendly speaker features a redesigned control strip with a new play / pause button and a power button that’s easier to locate — a welcome upgrade, given that the buttons on the original weren’t easy to use by feel alone. The 2nd Gen version also features adjustable EQ and support for higher-res AAC and aptX codecs, though you still get up to 12 hours of battery life, stereo pairing (if you own two), and weatherproofing, making the silicone-wrapped speaker a great picnic or poolside companion. More deals and discounts Lego’s adorable R2-D2 replica is currently on sale at Amazon , Walmart , and Target for $79.99 ($20 off), matching its lowest price to date. The 1,050-piece set is a nice, decor-worthy homage to everyone’s favorite R2-series astromech droid, complete with a 180-degree swiveling head, an attachable periscope, and a miniature Artoo that’s meant to sit alongside the included info plaque. If Google’s premium subscriptions don’t sca...