Here are the biggest calls on Wall Street on Tuesday: Argus upgrades Chipotle to buy from hold The firm said it sees a "return to growth." "We are upgrading the stock of fast-casual restaurant chain Chipotle Mexican Grill ( NYSE: CMG) to BUY from HOLD." Bank of America initiates Full Truck Alliance as buy Bank of America said the "uber for freight" company has an attractive risk/reward. "We initia...
Here are the biggest calls on Wall Street on Tuesday: Argus upgrades Chipotle to buy from hold The firm said it sees a "return to growth." "We are upgrading the stock of fast-casual restaurant chain Chipotle Mexican Grill ( NYSE: CMG) to BUY from HOLD." Bank of America initiates Full Truck Alliance as buy Bank of America said the "uber for freight" company has an attractive risk/reward. "We initiate coverage on Full Truck Alliance ( FTA) with a Buy rating and a PO of US$11.3, implying 33% total-return potential." Bank of America initiates Alto Neuroscience at buy Bank of America said the psychiatric disorder biotech company is "promising." "We initiate coverage of Alto Neuroscience (ANRO) with a Buy rating and $35 PO. ANRO is a clinical-stage biotech company using a proprietary machine learning platform to develop precision medicines for neuropsychiatric disorders." Goldman Sachs reiterates Apple as buy Goldman said Apple's App Store revenue could be an "overhang" on the stock. "Apple App Store global net revenue (per Sensor Tower) decelerated to +5% yoy in April 2026 (v. +6% yoy in March 2026), driven by (a) slower spending trends in the U.S. (-5% yoy v. -2% yoy in March 2026) offsetting improving growth in China and Japan, and (b) slower spending trends in Games and Photo & Video categories." Jefferies reiterates CoreWeave as buy Jefferies raised its price target on CoreWeave to $160 per share from $120. "Given its leadership in hosting high-performance compute at scale, against a multi - $T opportunity over next couple yrs, we believe the valuation is compelling relative to its strategic importance." Read more. JPMorgan upgrades Cogent to overweight from neutral JPMorgan said investors should buy the dip. Full story "Following Monday's pullback, we upgrade Cogent t o Overweight (from Neutral), driven by (1) a continued favorable mix shift toward On-Net and Waves revenue and (2) further progress on the sale of its data centers, which we believe will enable Cogent ...
JHVEPhoto/iStock Editorial via Getty Images IPG Photonics ( IPGP ) shares crashed more than 14% in premarket trading on Tuesday after the fiber laser company offered up a weaker-than-expected outlook for the coming quarter. Looking to the second quarter, IPG expects sales to be between $260M and $290M, with the midpoint slightly below the $275.75M estimate. Adjusted gross margins are forecast to b...
JHVEPhoto/iStock Editorial via Getty Images IPG Photonics ( IPGP ) shares crashed more than 14% in premarket trading on Tuesday after the fiber laser company offered up a weaker-than-expected outlook for the coming quarter. Looking to the second quarter, IPG expects sales to be between $260M and $290M, with the midpoint slightly below the $275.75M estimate. Adjusted gross margins are forecast to be between 37% and 40%, while adjusted operating expenses are expected to be between $92M and $95M. Adjusted earnings per share are expected to be between $0.25 and $0.55 per share, with the midpoint of $0.40 below the $0.43 estimate. The weak outlook comes after IPG, which has seen its shares rise 63% year-to-date, reported mixed results for the period ending March 31. IPG said it earned an adjusted $0.29 per share, below the $0.31 per share estimate. Revenue for the period came in at $265.5M, above the $257M estimate. The company will host a conference call at 10 a.m. EST to discuss the results. In addition to the quarterly results, IPG said it had settled its patent litigation with TRUMPF Laser- und Systemtechnik SE. More on IPG Photonics IPG Photonics: Stock Could Outperform On Above-Average Long-Term Growth IPG Photonics Corporation (IPGP) Presents at 47th Annual Raymond James Institutional Investor Conference Transcript IPG Photonics Corporation (IPGP) Q4 2025 Earnings Call Transcript IPG Photonics reports mixed Q1 results; gives Q2 outlook IPG Photonics Q1 2026 Earnings Preview
Futures Jump As Dip-Buyers Return After After Iran Truce Holds Stock futures are higher, completely reversing yesterday's drop with dip-buyers out in force as a fragile ceasefire between the US and Iran held after a day of clashes and sentiment is helped by a pullback in oil prices, with Brent crude futures down 1.4% as well as the US move to return 22 Iranian crew from a seized vessel. The confli...
Futures Jump As Dip-Buyers Return After After Iran Truce Holds Stock futures are higher, completely reversing yesterday's drop with dip-buyers out in force as a fragile ceasefire between the US and Iran held after a day of clashes and sentiment is helped by a pullback in oil prices, with Brent crude futures down 1.4% as well as the US move to return 22 Iranian crew from a seized vessel. The conflict “might need to escalate in order to de-escalate,” making any market weakness a chance to add positions in stocks, according to JPMorgan strategists who said that today is shaping up to be an "Everything Rally." As of 8:00am ET, S&P 500 futures rise 0.3% while Nasdaq 100 contracts add 0.6%. In premarket trading, semis lead gains with Mag7 mostly higher. Cyclicals (ex-Energy) are outpacing Defensives, though healthcare is rallying. Bond yields are down 1-2bp with the 10Y yield dropping to 4.42% and the Dollar catching a bid. Commodities are seeing sales in Energy, precious metals retracing losses, and Ags mixed. US economic data calendar slate includes March trade balance (8:30am), April S&P Global US Services PMI (9:45am), April ISM services and March new home sales and JOLTS job openings (10am). Fed speaker slate includes Bowman (10am) and Barr (12:30pm) In premarket trading, Mag 7 stocks are mostly higher (Amazon +0.6%, Microsoft +0.4%, Meta +0.2%, Alphabet +0.3%, Nvidia -0.01%, Tesla +0.3%, Apple -0.2%) Bullish (BLSH) slips 2% after agreeing to buy Equiniti from Siris Capital in a $4.2 billion deal as the crypto exchange seeks to expand in blockchain-based capital markets infrastructure. Coinbase (COIN) rises 3% after the crypto exchange said it will cut around 14% of its workforce, citing a need to manage costs in volatile markets and amid advances in artificial intelligence. Eaton (ETN) falls 5% after the power equipment company gave an outlook for second-quarter profit below what analysts expected. Fabrinet (FN) drops 11%, unable to push higher a 58% year-to-date ra...
cagkansayin/iStock via Getty Images Whenever I write an article here and it prompts some great comments and questions, I re-shuffle my intended order in terms of which topics I will write about next. My focus areas these days: 1. Portfolio Strategy (vs. "picks") 2. ETFs that help support stock portfolios via defense or diversification) 3. Macro views through technical and quantitative observations...
cagkansayin/iStock via Getty Images Whenever I write an article here and it prompts some great comments and questions, I re-shuffle my intended order in terms of which topics I will write about next. My focus areas these days: 1. Portfolio Strategy (vs. "picks") 2. ETFs that help support stock portfolios via defense or diversification) 3. Macro views through technical and quantitative observations My recent article expressing my opinion that 60/40 stock/bond portfolios are no longer structured to deliver the returns that made them popular was one of those articles that generated excellent comments and discussion, both with me and amongst the audience members. Thank you to all who participated! That prompted me to move the topic of this article to the top of my "to write" list (that's literally what I call the file). In summary: Equity returns have been great, but the risk of them fading deeply means the best strategy is to be less-reliant on them going forward. That happens to coincide with the best nominal bond yields in about 20 years. That's a winner to me, and I'm taking advantage of it. I describe how, below. This DOES NOT mean that I am anti-stock. But it means the "ususual suspects" for investors, say age 50 and up, are bound to be less effective than in the past. While some postulate about a "great broadening" of the stock market, I'll believe it when I see it. For a few years, not a few weeks. The markets are dominated by indexed investing, and that index money is hogged by funds tracking the S&P 500. That means anything not heavily-weighted in that index is at a disadvantage. With the ability to lock in solid 4-5%+ yields on a portion of my portfolios, it frees up my assets and my brain to relax, and pick my spots. Because I know that a part of my portfolio allocation already has a destination, and a value at that destination. That's the bond portfolio. And I can and do hedge it along the way, just in case rates really spike from the inflation and US fisca...
The Philippine House of Representatives has moved Vice-President Sara Duterte-Carpio’s impeachment closer to a decisive vote, the first step in a week-long process that will test whether allies of President Ferdinand Marcos Jnr have enough support to send the case to a Senate trial. The House placed the impeachment on its plenary agenda on Tuesday, a day after its justice committee endorsed the ca...
The Philippine House of Representatives has moved Vice-President Sara Duterte-Carpio’s impeachment closer to a decisive vote, the first step in a week-long process that will test whether allies of President Ferdinand Marcos Jnr have enough support to send the case to a Senate trial. The House placed the impeachment on its plenary agenda on Tuesday, a day after its justice committee endorsed the case, setting up a possible vote by all lawmakers on whether Duterte-Carpio should stand trial in the...
IQVIA (IQV) delivered earnings and revenue surprises of +2.66% and +1.62%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
IQVIA (IQV) delivered earnings and revenue surprises of +2.66% and +1.62%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Fiserv (FISV) delivered earnings and revenue surprises of +13.67% and -1.72%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Fiserv (FISV) delivered earnings and revenue surprises of +13.67% and -1.72%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Katharina13/iStock Editorial via Getty Images By Deepali Bhargava , Regional Head of Research, Asia-Pacific RBA hikes cash rate in line with expectations The RBA raised the cash rate by 25bp to 4.35%, in line with market expectations. The decision was more decisive than at the previous meeting, with eight out of nine Board members voting for a hike, compared with a split vote last time. Balanced c...
Katharina13/iStock Editorial via Getty Images By Deepali Bhargava , Regional Head of Research, Asia-Pacific RBA hikes cash rate in line with expectations The RBA raised the cash rate by 25bp to 4.35%, in line with market expectations. The decision was more decisive than at the previous meeting, with eight out of nine Board members voting for a hike, compared with a split vote last time. Balanced communication: weaker growth, only slight inflation upgrade The RBA’s forecasts and messaging point to a more balanced outlook. Growth projections were downgraded materially, with GDP growth for 2026 cut by 0.5pp to 1.3% and the unemployment rate revised up by 0.1pp to 4.6% by end‑2027, underscoring rising concern about activity. By contrast, inflation forecasts were revised up only modestly: the trimmed mean CPI forecast was lifted by just 0.1pp to 3.8% for mid‑2026 and is still expected to peak around then, while CPI inflation is projected to fall slightly more by December 2027. The RBA’s communication also suggests the current cash rate sits within - but close to the upper bound of - the range of model‑based estimates of the nominal neutral rate. Outlook Looking ahead, the RBA is signalling that policy is now restrictive but not necessarily on a one‑way tightening path. Inflation remains sticky, with headline CPI still expected to peak at 4.8% in mid‑2026 and only drift back to target by mid‑2028. However, the noticeable downgrade to growth and the rising unemployment track suggest the Bank is becoming more alert to downside risks. While the forecasts still bake in a higher peak cash rate of 4.7% by end‑2026, the tone of the communication points to a willingness to pause and assess. For now, that argues for the RBA staying on hold in June unless inflation data materially surprises to the upside. Content Disclaimer This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objective...
US president directs fresh criticism at pontiff days before secretary of state Marco Rubio’s visit to Vatican Middle East crisis – live updates Donald Trump has issued a fresh verbal attack against Pope Leo XIV, accusing the pontiff of “endangering a lot of Catholics” because “he thinks it’s fine for Iran to have a nuclear weapon”. The remarks come two days before Marco Rubio, the US secretary of ...
US president directs fresh criticism at pontiff days before secretary of state Marco Rubio’s visit to Vatican Middle East crisis – live updates Donald Trump has issued a fresh verbal attack against Pope Leo XIV, accusing the pontiff of “endangering a lot of Catholics” because “he thinks it’s fine for Iran to have a nuclear weapon”. The remarks come two days before Marco Rubio, the US secretary of state, meets Leo at the Vatican in an effort to ease the tensions sparked by Trump’s previous broadside against the Chicago-born pontiff over his condemnation of the US-Israeli war on Iran. Continue reading...
kelvinjay The rise in global borrowing costs is continuing as high oil prices fuel bets that central banks will act to curb a renewed bout of inflation. The UK government’s long-term borrowing costs have hit their highest level in nearly three decades, driven by rising fuel prices, concerns about political stability and expectations of further rate hikes from the Bank of England. The 30-year gilt ...
kelvinjay The rise in global borrowing costs is continuing as high oil prices fuel bets that central banks will act to curb a renewed bout of inflation. The UK government’s long-term borrowing costs have hit their highest level in nearly three decades, driven by rising fuel prices, concerns about political stability and expectations of further rate hikes from the Bank of England. The 30-year gilt yield briefly topped 5.8%, the highest level since 1998, before easing as traders priced in two to three quarter-point hikes by the BoE this year. “On September 27, 2022, the UK 30-year yield hit 4.99%,” economist Jim Bianco wrote. “This was so intolerable that Prime Minister Liz Truss was forced to resign. Today, the UK’s 30-year yield is 77 bps higher.” Bianco Research/Bloomberg The 30-year Treasury yield ( US30Y ) ( TBT ) ( TLT ) recently breached the 5% threshold for the first time since July , signaling persistent pressure in the world’s largest bond market. Ten-year U.S. inflation expectations are now at their highest level since 2023 . Country 30Y Yield Country 30Y Yield Australia 5.395% Italy 4.711% Austria 3.913% Japan 3.719% Belgium 4.451% Malaysia 4.071% Canada 3.978% Mexico 9.732% Chile 5.630% Netherlands 3.606% China 2.265% Nigeria 14.733% Cyprus 4.101% Peru 6.550% Denmark 3.294% Portugal 4.123% Finland 3.974% Qatar 5.537% France 4.578% Singapore 2.164% Germany 3.598% Slovakia 4.324% Greece 4.531% South Africa 9.340% India 7.583% South Korea 3.820% Indonesia 6.914% Spain 4.262% Ireland 3.822% Switzerland 0.606% Israel 4.527% Taiwan 1.730% United Kingdom 5.788%* United States 5.021% Click to enlarge More on SPDR® Bloomberg Barclays International Treasury Bond ETF BWX: High Oil Prices Will Translate Into Higher Global Rates (Rating Downgrade) Seeking Alpha’s Quant Rating on SPDR® Bloomberg Barclays International Treasury Bond ETF Dividend scorecard for SPDR® Bloomberg Barclays International Treasury Bond ETF
The Mining Association of Canada's (MAC) Community of Interest Advisory Panel has selected Eldorado Gold and Teck Resources to receive this year's prestigious Towards Sustainable Mining® (TSM) Excellence Awards. The two projects were recognized last night at the CIM Awards Gala in Vancouver.
The Mining Association of Canada's (MAC) Community of Interest Advisory Panel has selected Eldorado Gold and Teck Resources to receive this year's prestigious Towards Sustainable Mining® (TSM) Excellence Awards. The two projects were recognized last night at the CIM Awards Gala in Vancouver.
Crescent Energy Company ( CRGY ) declares $0.12/share quarterly dividend. Forward yield 3.5% Payable June 1; for shareholders of record May 18; ex-div May 18. See CRGY Dividend Scorecard, Yield Chart, & Dividend Growth. More on Crescent Energy Company Crescent Energy: The Quiet Shale Powerhouse The Market Misses Crescent Energy Company 2025 Q4 - Results - Earnings Call Presentation Crescent Energy...
Crescent Energy Company ( CRGY ) declares $0.12/share quarterly dividend. Forward yield 3.5% Payable June 1; for shareholders of record May 18; ex-div May 18. See CRGY Dividend Scorecard, Yield Chart, & Dividend Growth. More on Crescent Energy Company Crescent Energy: The Quiet Shale Powerhouse The Market Misses Crescent Energy Company 2025 Q4 - Results - Earnings Call Presentation Crescent Energy Company (CRGY) Q4 2025 Earnings Call Transcript Crescent Energy Company Q1 2026 Earnings Preview Miller Deep Value Strategy adds CRGY and BLMN among Q1 moves