Richard Drury/DigitalVision via Getty Images Introduction Back when I first covered Whitestone REIT ( WSR ), I rated them a Buy, backed by an attractive valuation and strong growth targets, with improving fundamentals, a solid long-term focus on Sun Belt properties, and even potential for a buyout thanks to a pending offer at the time. After returning about 17.3% since then following a new acquisi...
Richard Drury/DigitalVision via Getty Images Introduction Back when I first covered Whitestone REIT ( WSR ), I rated them a Buy, backed by an attractive valuation and strong growth targets, with improving fundamentals, a solid long-term focus on Sun Belt properties, and even potential for a buyout thanks to a pending offer at the time. After returning about 17.3% since then following a new acquisition offer that’s temporarily preventing the stock from following broader macro trends, WSR is downgraded to Hold, trading above their fair value while risks are rising, especially if they deny the new offer, while the “easy money” seems to be gone. Strong Foundation Attracts More Buyers Whitestone REIT IR WSR reported a solid quarter and year overall, with the Core FFO reaching $55.43 million in 2025 (vs. $52.47 million in 2024), meaning roughly $1.05 per diluted share, for a ~3.96% increase on a per-share basis, which is solid given the environment and small size, with the occupancy growing to 94.6% in 2025. Whitestone REIT IR As mentioned previously, this Core FFO has to be further adjusted to reach the AFFO (including maintenance CAPEX, improvements, leasing commissions, straight-line rent, etc.). - which is generally somewhere around 25% to 30% in this industry - for an AFFO of about $40.86 million if we use their actual numbers that are inflated by relatively larger figures, very close to my estimated $41 million used in the previous assumption. Whitestone REIT IR For 2026, WSR expects Core FFO in the range of $59.06 million to $61.21 million, meaning $1.12 at midpoint, for a strong increase of ~6.67% YoY, meaning an AFFO of about $46.61 million in 2026, better than my previous estimate, taking advantage of current redeveloping opportunities. Recently, WSR received a new acquisition offer , this time from Blackstone and TPG for a currently undisclosed amount, which comes after MCB's offer from back in November for $15.20. Even if they refuse these offers, they highlig...
JHVEPhoto Equinix ( EQIX ) stock dipped 1.6% in late morning trading on Tuesday after Scotiabank downgraded the data center REIT stock to Sector Perform from Sector Outperform. The cut comes after the stock significantly outperformed the S&P 500 year-to-date on the expectation of rising demand fueled by AI growth. The stock's 23x EBITDA and 24x AFFO multiples now leave little upside potential in t...
JHVEPhoto Equinix ( EQIX ) stock dipped 1.6% in late morning trading on Tuesday after Scotiabank downgraded the data center REIT stock to Sector Perform from Sector Outperform. The cut comes after the stock significantly outperformed the S&P 500 year-to-date on the expectation of rising demand fueled by AI growth. The stock's 23x EBITDA and 24x AFFO multiples now leave little upside potential in the near term, barring a meaningful guidance boost in the upcoming report period, the analyst said. "While we continue to believe that Equinix’s outlook remains strong and expect earnings momentum to improve in the back half of the year, the stock’s recent performance and valuations have caused us to move to a more neutral position until earnings can catch up," Scotiabank analyst Maher Yaghi wrote in a note to clients. Scotia raised its price target on Equinix ( EQIX ) to $1,050 from $997. The Sector Perform rating aligns with the SA Quant rating and average SA Analyst rating of Hold and diverges from the average Wall Street rating of Buy. More on Equinix Equinix: King Of Data Center REITs Overly Buoyed - Potential Correction Ahead Equinix, Inc. (EQIX) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript Equinix, Inc. (EQIX) Presents at Citi's Miami Global Property CEO Conference 2026 Transcript Vertiv Holdings tops large-cap ROE growth list, as market prepares to ride out volatility Equinix names Olivier Leonetti as CFO
In a patch of desert in Isfahan province, personnel clear the site where just hours earlier two C-130 planes and two helicopters were destroyed Middle East crisis – live updates The small farming community of Parzan near the city of Shahreza in Iran’s Isfahan province had been largely spared from the US-Israeli war now in its second month – until several US aircraft landed on a dirt airstrip near ...
In a patch of desert in Isfahan province, personnel clear the site where just hours earlier two C-130 planes and two helicopters were destroyed Middle East crisis – live updates The small farming community of Parzan near the city of Shahreza in Iran’s Isfahan province had been largely spared from the US-Israeli war now in its second month – until several US aircraft landed on a dirt airstrip near their village. The site of the destroyed aircraft in Isfahan province Continue reading...
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the ProShares UltraShort Bloomberg Crude Oil, which added 16,850,000 units, or a 16.1% increase week over week. And on a percentage change basis, th
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the ProShares UltraShort Bloomberg Crude Oil, which added 16,850,000 units, or a 16.1% increase week over week. And on a percentage change basis, th
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR Bloomberg Short Term High Yield Bond ETF, where 10,800,000 units were destroyed, or a 5.6% decrease week over week. And on a percent
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR Bloomberg Short Term High Yield Bond ETF, where 10,800,000 units were destroyed, or a 5.6% decrease week over week. And on a percent
Investors in Humana Inc. (Symbol: HUM) saw new options begin trading today, for the April 2027 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 374 days until expiration the newly trading contracts represen
Investors in Humana Inc. (Symbol: HUM) saw new options begin trading today, for the April 2027 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 374 days until expiration the newly trading contracts represen
Investors in iShares Trust - iShares MSCI EAFE ETF (Symbol: EFA) saw new options begin trading today, for the July 17th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 101 days until expiration the newly t
Investors in iShares Trust - iShares MSCI EAFE ETF (Symbol: EFA) saw new options begin trading today, for the July 17th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 101 days until expiration the newly t
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the VanEck Pharmaceutical ETF (Symbol: PPH) where we have detected an approximate $253.1 million dollar outflow -- that's a 19.6% decrease week over wee
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the VanEck Pharmaceutical ETF (Symbol: PPH) where we have detected an approximate $253.1 million dollar outflow -- that's a 19.6% decrease week over wee
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard High Dividend Yield ETF (Symbol: VYM) where we have detected an approximate $627.8 million dollar inflow -- that's a 0.9% increase week over
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard High Dividend Yield ETF (Symbol: VYM) where we have detected an approximate $627.8 million dollar inflow -- that's a 0.9% increase week over
Looking at the universe of stocks we cover at Dividend Channel, on 4/9/26, Brookfield Real Assets Income Fund Inc (Symbol: RA) will trade ex-dividend, for its monthly dividend of $0.118, payable on 4/23/26. As a percentage of RA's recent stock price of $12.92, this dividend wor
Looking at the universe of stocks we cover at Dividend Channel, on 4/9/26, Brookfield Real Assets Income Fund Inc (Symbol: RA) will trade ex-dividend, for its monthly dividend of $0.118, payable on 4/23/26. As a percentage of RA's recent stock price of $12.92, this dividend wor
Investors in SPDR Gold Trust (Symbol: GLD) saw new options begin trading today, for the April 22nd expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the GLD options chain for the new April 22nd contracts and identified one put and one call con
Investors in SPDR Gold Trust (Symbol: GLD) saw new options begin trading today, for the April 22nd expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the GLD options chain for the new April 22nd contracts and identified one put and one call con
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Russell 1000 Value (Symbol: VONV) where we have detected an approximate $631.9 million dollar inflow -- that's a 3.9% increase week over wee
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Russell 1000 Value (Symbol: VONV) where we have detected an approximate $631.9 million dollar inflow -- that's a 3.9% increase week over wee
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Bitcoin Trust (Symbol: IBIT) where we have detected an approximate $235.5 million dollar outflow -- that's a 0.4% decrease week over week (f
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Bitcoin Trust (Symbol: IBIT) where we have detected an approximate $235.5 million dollar outflow -- that's a 0.4% decrease week over week (f
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell Mid-Cap Value ETF (Symbol: IWS) where we have detected an approximate $333.1 million dollar outflow -- that's a 2.3% decrease week o
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell Mid-Cap Value ETF (Symbol: IWS) where we have detected an approximate $333.1 million dollar outflow -- that's a 2.3% decrease week o
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Consumer Staples Select Sector SPDR Fund (Symbol: XLP) where we have detected an approximate $338.8 million dollar outflow -- that's a 2.2% decrease
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Consumer Staples Select Sector SPDR Fund (Symbol: XLP) where we have detected an approximate $338.8 million dollar outflow -- that's a 2.2% decrease
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI USA Quality Factor ETF (Symbol: QUAL) where we have detected an approximate $271.6 million dollar outflow -- that's a 0.6% decrease wee
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI USA Quality Factor ETF (Symbol: QUAL) where we have detected an approximate $271.6 million dollar outflow -- that's a 0.6% decrease wee
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Expanded Tech-Software Sector ETF (Symbol: IGV) where we have detected an approximate $683.9 million dollar inflow -- that's a 6.9% increase
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Expanded Tech-Software Sector ETF (Symbol: IGV) where we have detected an approximate $683.9 million dollar inflow -- that's a 6.9% increase
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI All Country Asia ex Japan ETF (Symbol: AAXJ) where we have detected an approximate $232.9 million dollar outflow -- that's a 6.6% decre
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI All Country Asia ex Japan ETF (Symbol: AAXJ) where we have detected an approximate $232.9 million dollar outflow -- that's a 6.6% decre
Tesla (NASDAQ:TSLA) shares are down 4% in midday trading on Tuesday, sliding from $352.82 to less than $339. The drop adds to a rough stretch for the stock, which is now down 25% year-to-date. Three overlapping pressures are driving today’s selling: persistent EV demand concerns following a Q1 delivery miss, unresolved uncertainty around a potential ... Tesla Drops 4% as EV Demand Fears, SpaceX IP...
Tesla (NASDAQ:TSLA) shares are down 4% in midday trading on Tuesday, sliding from $352.82 to less than $339. The drop adds to a rough stretch for the stock, which is now down 25% year-to-date. Three overlapping pressures are driving today’s selling: persistent EV demand concerns following a Q1 delivery miss, unresolved uncertainty around a potential ... Tesla Drops 4% as EV Demand Fears, SpaceX IPO Uncertainty, April 22 Earnings Loom Large
Intel joins Elon Musk's TeraFab project — 'Intel is proud to join the Terafab project with SpaceX, xAI, and Tesla to help refactor silicon fab technology' Tom's Hardware
Intel joins Elon Musk's TeraFab project — 'Intel is proud to join the Terafab project with SpaceX, xAI, and Tesla to help refactor silicon fab technology' Tom's Hardware
winhorse/iStock Unreleased via Getty Images When Nike ( NKE ) reported their fiscal Q3 '26 last Tuesday night, March 31, '26, there was very little to cheer about, and in fact the lowered guidance for fiscal Q4 '26, which I was hoping wouldn’t have to be done, put a significant knife in the back of Nike’s prospects for not only the '26 fiscal year (which ends May 31, ’26) but for the calendar year...
winhorse/iStock Unreleased via Getty Images When Nike ( NKE ) reported their fiscal Q3 '26 last Tuesday night, March 31, '26, there was very little to cheer about, and in fact the lowered guidance for fiscal Q4 '26, which I was hoping wouldn’t have to be done, put a significant knife in the back of Nike’s prospects for not only the '26 fiscal year (which ends May 31, ’26) but for the calendar year as well. The actual Q3 '26 Nike revenue and EPS really don't matter much since the stock has seen heavy selling starting on April 1 and continuing through yesterday, April 6, '26, where even yesterday, 4/6/26, Nike’s stock fell again on average daily volume of 26.7 million shares, versus the average trading volume of 18 million. This blog sold all but a few positions for a few clients who want to keep the stock on April 1. This blog is still sitting on a 1,000-share NKE position bought for a client in May 2004. Fiscal Q3's reported metrics showed Nike beating on revenue and a 21% beat on EPS (Nike has put up a series of whopping EPS beats over the last few years that have done little for the stock price performance), and even operating income beat for the quarter by 24%, reporting $635 million in operating income versus the $512 million estimate. Unfortunately, the key metric for Nike is that looking at the “average” revenue growth over the last 12 quarters, Nike has averaged 0% revenue growth, and that has really cut into margins badly. Nike’s gross margin the last several quarters has fallen to 40% versus the 44% from just a few years ago, and if you look back 10 years, the normal gross margin usually gravitated around 45%–46%. Same with Nike’s operating margin: the last 4 quarters have averaged 6% versus the 12-quarter average of 9.31% and the 20-quarter average of 11.05%. Here are the fiscal year EPS and revenue reductions following the quarter: FY 2028: reduced to $2.55 to $2.94; FY 2027: reduced to $1.95 to 2.41; FY 2026: reduced to $1.52 from $1.60 (with one quarter...
Investors in Neurocrine Biosciences, Inc. (Symbol: NBIX) saw new options become available today, for the December 2027 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 619 days until expiration the new
Investors in Neurocrine Biosciences, Inc. (Symbol: NBIX) saw new options become available today, for the December 2027 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 619 days until expiration the new
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Russell 1000 Growth ETF (Symbol: VONG) where we have detected an approximate $763.9 million dollar inflow -- that's a 2.1% increase week ove
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Russell 1000 Growth ETF (Symbol: VONG) where we have detected an approximate $763.9 million dollar inflow -- that's a 2.1% increase week ove
jazz42 Tesla ( TSLA ) fell to a 2026 low on Tuesday as sentiment on the autonomy, EV, battery storage, and AI stock continued to weaken ahead of its first-quarter earnings report release scheduled for April 22. The decline does not seem to have a specific trigger apart from a valuation reset by investors amid broad macroeconomic concerns. While Tesla's ( TSLA ) Q1 deliveries total missed the conse...
jazz42 Tesla ( TSLA ) fell to a 2026 low on Tuesday as sentiment on the autonomy, EV, battery storage, and AI stock continued to weaken ahead of its first-quarter earnings report release scheduled for April 22. The decline does not seem to have a specific trigger apart from a valuation reset by investors amid broad macroeconomic concerns. While Tesla's ( TSLA ) Q1 deliveries total missed the consensus estimate, there was some improvement in Europe and China to help offset weakness in the U.S. tied to the expiration of the federal EV tax incentive and brand damage. On the robotaxi front, Tesla ( TSLA ) continues to prepare for a massive expansion of its autonomous fleet, although at a slower pace than originally anticipated. The Austin-based company is also actively preparing for the production of its purpose-built Cybercab. The Cybercab production facility is at Tesla's ( TSLA ) Gigafactory Texas in Austin, based on reports and sightings of early production activity at that site. While Tesla ( TSLA ) has already held a Cybercab reveal event in October 2024 at Warner Bros. Studios in Burbank, California, some analysts expect a more detailed event later this year. Shares of Tesla ( TSLA ) were down 4.1% at 11:30 a.m. and swapped hands at a new 2026 low of $337.25 earlier in the session. The EV stock is down close to 25% on a year-to-date basis and is more than 32% below its all-time high of $498.83. More on Tesla Tesla: Weak Start To 2026 Tesla: Finally Catching Up To Reality Tesla: This Is Not The Right Time To Buy The Dip Intel joins SpaceX, Tesla and xAI in Terafab chip production project JPMorgan sticks with its view that Tesla shares will crash