Met or Exceeded Guidance on Nearly All Metrics Provided Gross Margins Improved Sequentially Following First Quarter Trough 2% Year-Over-Year Increase in Total Domestic Contracts $442 Million of Total Liquidity Well in Excess of Our Target Range MATAWAN, N.J., May 21, 2026 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal se...
Met or Exceeded Guidance on Nearly All Metrics Provided Gross Margins Improved Sequentially Following First Quarter Trough 2% Year-Over-Year Increase in Total Domestic Contracts $442 Million of Total Liquidity Well in Excess of Our Target Range MATAWAN, N.J., May 21, 2026 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, reported results for its fiscal second quarter and six months ended April 30, 2026. The Company is saddened by the passing of Edward A. Kangas, whose leadership and dedication to Hovnanian spanned many years. As our longest-serving independent director, Chair of the Audit Committee, and Lead Independent Director, Ed provided valued judgment, integrity, and steady guidance to our Board and management team. Beyond his many professional contributions, he was also a trusted friend who will be deeply missed by all who knew him. The Board of Directors and everyone at the Company extend their heartfelt condolences to his family. RESULTS FOR THE THREE-MONTH AND SIX-MONTH PERIODS ENDED APRIL 30, 2026: Total revenues were $667.6 million in the second quarter of fiscal 2026, which was within the guidance range we provided, compared with $686.5 million in the same quarter of the prior year. For the six months ended April 30, 2026, total revenues were $1.30 billion compared with $1.36 billion in the first half of fiscal 2025. Domestic unconsolidated joint ventures sale of homes revenues for the second quarter of fiscal 2026 was $125.9 million (181 homes) compared with $144.5 million (207 homes) for the three months ended April 30, 2025. For the first half of fiscal 2026, domestic unconsolidated joint ventures sale of homes revenues was $198.3 million (299 homes) compared with $276.3 million (404 homes) in the six months ended April 30, 2025. Homebuilding gross margin percentage, after cost of sales interest expense and land charges, was 10.2% for the three months ended April 30, 2026, compared with 13.8% during the seco...
Industry Leaders To Help Guide U.S. Strategy Supporting Member Digital Innovation Initiatives and Supply Chain Excellence EWING, N.J., May 21, 2026 /PRNewswire/ -- The GS1 US Board of Governors has elected three new members to join the GS1 US Board: Senthil Subramanian, principal engineer and area technical lead, Google; Steven Chyung, senior vice president, chief supply chain and procurement offi...
Industry Leaders To Help Guide U.S. Strategy Supporting Member Digital Innovation Initiatives and Supply Chain Excellence EWING, N.J., May 21, 2026 /PRNewswire/ -- The GS1 US Board of Governors has elected three new members to join the GS1 US Board: Senthil Subramanian, principal engineer and area technical lead, Google; Steven Chyung, senior vice president, chief supply chain and procurement officer, Kaiser Permanente; and Omar A. Tovar, chief logistics officer, Urban Outfitters, Inc. (URBN). Senthil Subramanian, Principal Engineer and Area Technical Lead, Google These executives join an accomplished group of leaders who help guide the GS1 US strategy to drive the adoption and use of GS1 Standards as a common foundation for retail commerce, consumer and patient experiences, and supply chain management. The cross-industry Board of Governors represents companies in apparel, general merchandise, retail grocery, foodservice and healthcare. "At a time when supply chains are being reshaped by digital transformation and rising complexity, these leaders bring invaluable perspective to help industry advance large-scale data management, supply chain operations and global logistics," said Bob Carpenter, president and CEO of GS1 US. "Their collective experience will help guide our work as shared and standardized data becomes even more central to how modern supply chains function and scale." At Google, Senthil Subramanian oversees the Shopping Graph, where he is responsible for the integrity, coverage, richness and freshness of the massive product datasets and offers within the platform that power Google's global consumer shopping experiences across search, YouTube, ads and more. With deep expertise in large-scale data infrastructure, he previously served as vice president at Yahoo, leading advertising infrastructure, targeting and serving systems, and was a founding member of the original Hadoop team, helping to advance open-source big data. Steven Chyung leads Kaiser Permanen...
You recently agreed in an interview that “life is a meaningless farce”. How come? benpendrey Oh, I don’t know. You need to talk to God about that. I don’t know why he made it so ridiculous, but it is. I’m not done asking questions and trying to figure things out, but I do think we’re going to end up where Douglas Adams did. Is biting satire more powerful than political hogwash? Twist27 I sure wish...
You recently agreed in an interview that “life is a meaningless farce”. How come? benpendrey Oh, I don’t know. You need to talk to God about that. I don’t know why he made it so ridiculous, but it is. I’m not done asking questions and trying to figure things out, but I do think we’re going to end up where Douglas Adams did. Is biting satire more powerful than political hogwash? Twist27 I sure wish it was, but no. I do think political satire is helpful, but it is not as important as we all wished it was. I’m afraid political satire pales in comparison to political hogwash, as we’re witnessing in my country. View image in fullscreen With Henry Winkler (right), ‘the sweetest guy alive!’ Photograph: Jerod Harris/GA/The Hollywood Reporter/Getty Images Did working with someone as cool as Henry Winkler in your new film, Normal, help unleash your inner Fonz? greencorn Well, in Normal, Henry Winkler’s character is not cool. Henry himself is the sweetest guy alive. If he unleashed anything in me, he unleashed the desire to be as kind, generous and friendly as he finds his way to be in the world every day. And that’s not easy to do. It’s a choice to meet the world’s annoyances and frustrations with the patience and kindness that he does. He’s a special guy, so I’m glad I got him to play such a jerk who gets his comeuppance. Have you taken over Liam Neeson’s mantle as our favourite action hero? teabags12 No. Liam Neeson still owns that space. I am the Bob Odenkirk of action movie stars. What made you choose to reinvent yourself as an action hero rather than settle down into cushy romcoms? johnnyhatesjazz That’s a good question. I’m 63 years old, and there aren’t a lot of romcoms written for my generation. I like action movies. I have a lot of rage inside me that I get to play out. It started as a joke, but through some massive cock-up, I’ve somehow pulled it off. View image in fullscreen ‘He’s a very earnest guy’ … Odenkirk as Saul Goodman in season 6 of Better Call Saul. Photo...
May 21 (Reuters) - Anthropic is in talks to use Microsoft's AI chips for inference tasks, The Information reported on Thursday, citing two people who spoke to executives involved in the discussion. Microsoft and Anthropic did not immediately respond to requests for comment. Reuters could not independently verify the report. (Reporting by Anhata Rooprai in Bengaluru; Editing by ...
May 21 (Reuters) - Anthropic is in talks to use Microsoft's AI chips for inference tasks, The Information reported on Thursday, citing two people who spoke to executives involved in the discussion. Microsoft and Anthropic did not immediately respond to requests for comment. Reuters could not independently verify the report. (Reporting by Anhata Rooprai in Bengaluru; Editing by Devika Syamnath)
In recent days, United Parcel Service (UPS) has moved ahead with its plan to sharply reduce Amazon delivery volumes while reaffirming its 2026 financial targets after reporting Q1 2026 revenue of US$21.20 billion and operating profit of US$1.27 billion. This shift away from Amazon, combined with growing small and medium-sized business and healthcare volumes, marks a meaningful pivot toward higher-...
In recent days, United Parcel Service (UPS) has moved ahead with its plan to sharply reduce Amazon delivery volumes while reaffirming its 2026 financial targets after reporting Q1 2026 revenue of US$21.20 billion and operating profit of US$1.27 billion. This shift away from Amazon, combined with growing small and medium-sized business and healthcare volumes, marks a meaningful pivot toward higher-margin, more specialized delivery work within UPS’s global network. We’ll now examine how UPS’s decision to phase out much of its Amazon business could reshape the company’s existing investment narrative. Invest in the nuclear renaissance through our list of 88 elite nuclear energy infrastructure plays powering the global AI revolution. United Parcel Service Investment Narrative Recap To own UPS, you need to believe its shift away from low-margin Amazon work and toward small business and healthcare parcels can offset near-term revenue and margin pressure. The key short term catalyst is whether this mix shift and network reconfiguration can support the reaffirmed 2026 financial targets, while the biggest risk remains execution missteps as UPS closes facilities and retools its network. The latest news largely reinforces, rather than changes, that risk-reward balance. The most relevant recent announcement here is UPS’s Q1 2026 update, where it reported US$21.20 billion in revenue and US$1.27 billion in operating profit while reiterating its full year 2026 guidance of about US$89.7 billion in revenue. That reaffirmation matters for investors tracking whether the Amazon volume reduction and ongoing “Network of the Future” changes are keeping UPS on course for its margin and cost savings goals. But against this backdrop, investors should also be aware of the risk that network closures and reconfiguration could temporarily disrupt service quality and inflate operating costs, especially if... Read the full narrative on United Parcel Service (it's free!) United Parcel Service's narr...
watch now VIDEO 5:38 05:38 The true value of family offices: Here's what to know Squawk Box A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Public stocks are the largest and fastest-growing asset class for family offices, while their...
watch now VIDEO 5:38 05:38 The true value of family offices: Here's what to know Squawk Box A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Public stocks are the largest and fastest-growing asset class for family offices, while their real estate assets are shrinking, according to the new CNBC Family Office Portfolio Tracker. Family offices now manage over $5.5 trillion in wealth globally, rivaling hedge funds in total assets. Yet because family offices – the private investment arms of ultra-wealthy families – aren't required to disclose their investments, their portfolios are largely secret. CNBC has teamed up with Addepar, a foundational data and AI platform used by financial professionals globally, to provide a regular snapshot of family office portfolios. Addepar's data includes the portfolios of hundreds of family offices, ranging in size from $200 million in assets to over $10 billion, representing a total of $1.4 trillion in assets. The tracker will be released every quarter, showing how family offices are shifting their investments in stocks, bonds, private equity and other asset classes. It will include comparisons with the previous quarter, the previous year and previous five years, showing both the short-term and long-term trends. The tracker is useful to family offices and ultra-high-net-worth investors looking for comparisons and benchmarks. It will also be valuable to the fast-growing industry of wealth management firms, advisors and funds vying for family office business. Family office wealth is expected to top $9 trillion by 2030, according to Deloitte, making the group increasingly powerful players in financial markets and the broader industry. "Many firms across the wealth and investment ecosystem look to family offices as an important indicator of how sophisticated investors are appro...
SS&C ( SSNC ) declares $0.27/share quarterly dividend , in line with previous. Forward yield 1.61% Payable June 15; for shareholders of record June 1; ex-div June 1. The Board of Directors has also authorized a renewal of its stock purchase program. The program enables the company to repurchase up to $1.5B in aggregate of its outstanding shares of common stock. See SSNC Dividend Scorecard, Yield C...
SS&C ( SSNC ) declares $0.27/share quarterly dividend , in line with previous. Forward yield 1.61% Payable June 15; for shareholders of record June 1; ex-div June 1. The Board of Directors has also authorized a renewal of its stock purchase program. The program enables the company to repurchase up to $1.5B in aggregate of its outstanding shares of common stock. See SSNC Dividend Scorecard, Yield Chart, & Dividend Growth. More on SS&C SS&C Technologies Holdings, Inc. (SSNC) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript SS&C Technologies Holdings, Inc. (SSNC) Q1 2026 Earnings Call Transcript SS&C Technologies Holdings, Inc. 2026 Q1 - Results - Earnings Call Presentation SS&C forecasts 2026 adjusted EPS of $6.74-$7.06 while raising revenue outlook to $6.664B-$6.824B SS&C Non-GAAP EPS of $1.69 beats by $0.04, revenue of $1.65B beats by $20M
Investorideas.com (www.investorideas.com newswire) a trusted platform for investing ideas including AI stocks issues a news and trading alert for AI leader NVIDIA (NASDAQ: NVDA), NVIDIA (NASDAQ: NVDA) reported record revenue for the first quarter ended April 26, 2026, of $81.6 billion, up 20% from the previous quarter and up 85% from a year ago. The stock was down after the market close following ...
Investorideas.com (www.investorideas.com newswire) a trusted platform for investing ideas including AI stocks issues a news and trading alert for AI leader NVIDIA (NASDAQ: NVDA), NVIDIA (NASDAQ: NVDA) reported record revenue for the first quarter ended April 26, 2026, of $81.6 billion, up 20% from the previous quarter and up 85% from a year ago. The stock was down after the market close following earnings, trading down over 2%. NVIDIA has beaten Wall Street estimates so consistently that a standard "beat" is now fully priced into the stock. Investors were looking for truly exceptional guidance, and anything short of that triggered profit-taking. For the quarter, GAAP and non-GAAP gross margins were 74.9% and 75.0%, respectively. For the quarter, GAAP and non-GAAP earnings per diluted share were $2.39 and $1.87, respectively. "The buildout of AI factories - the largest infrastructure expansion in human history - is accelerating at extraordinary speed," said Jensen Huang, founder and CEO of NVIDIA. "Agentic AI has arrived, doing productive work, generating real value and scaling rapidly across companies and industries. NVIDIA is uniquely positioned at the center of this transformation as the only platform that runs in every cloud, powers every frontier and open source model, and scales everywhere AI is produced - from hyperscale data centers to the edge." During the first quarter of fiscal 2027, NVIDIA returned a record level of approximately $20.0 billion to shareholders in the form of shares repurchased and cash dividends. As of the end of the first quarter, the company had $38.5 billion remaining under its share repurchase authorization. On May 18, 2026, the Board of Directors approved an additional $80.0 billion to the Company's share repurchase authorization, without expiration. NVIDIA is increasing its quarterly cash dividend from $0.01 per share to $0.25 per share of common stock, which will be paid on June 26, 2026, to all shareholders of record on June 4, 202...
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) was among the stocks Jim Cramer discussed while explaining how investors can navigate the current market rotation. A caller asked if Cramer thinks there is potential for the stock to “skyrocket,” and he replied: Well, my take is that it might not necessarily skyrocket… I think it’s going to go higher…. Whether I speak to Lip-Bu or I spe...
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) was among the stocks Jim Cramer discussed while explaining how investors can navigate the current market rotation. A caller asked if Cramer thinks there is potential for the stock to “skyrocket,” and he replied: Well, my take is that it might not necessarily skyrocket… I think it’s going to go higher…. Whether I speak to Lip-Bu or I speak to anyone out there or you know Jensen, everyone’s says nothing but great things. And the more I look at it, the more I like it. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the world’s largest semiconductor foundry, producing and selling integrated circuits and semiconductor devices. The company provides fabrication and other related services. A caller expressed a wish to add to their position in the stock during the May 6 episode, and Cramer responded: They have more business than they can handle. What can I say? Even tonight, Arm Holdings said that they were going have this, all this business, but the problem is they can’t get all the chips they need from, yes, Taiwan Semi. While we acknowledge the potential of TSM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years Disclosure: None. Follow Insider Monkey on Google News.
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) was among the stocks Jim Cramer discussed while explaining how investors can navigate the current market rotation. A caller asked if Cramer thinks there is potential for the stock to “skyrocket,” and he replied: Well, my take is that it might not necessarily skyrocket… I think it’s going to go higher…. Whether I speak to Lip-Bu or I spe...
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) was among the stocks Jim Cramer discussed while explaining how investors can navigate the current market rotation. A caller asked if Cramer thinks there is potential for the stock to “skyrocket,” and he replied: Well, my take is that it might not necessarily skyrocket… I think it’s going to go higher…. Whether I speak to Lip-Bu or I speak to anyone out there or you know Jensen, everyone’s says nothing but great things. And the more I look at it, the more I like it. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the world’s largest semiconductor foundry, producing and selling integrated circuits and semiconductor devices. The company provides fabrication and other related services. A caller expressed a wish to add to their position in the stock during the May 6 episode, and Cramer responded: They have more business than they can handle. What can I say? Even tonight, Arm Holdings said that they were going have this, all this business, but the problem is they can’t get all the chips they need from, yes, Taiwan Semi. While we acknowledge the potential of TSM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years Disclosure: None. Follow Insider Monkey on Google News.
Intel Corporation (NASDAQ:INTC) was among the stocks Jim Cramer discussed while explaining how investors can navigate the current market rotation. Cramer noted that the company “still can’t keep up with the demand,” as he stated: A little over a year ago, when Lip-Bu Tan was named CEO of Intel, the stock was sitting at around 20 bucks. Now, after major cash infusions from the federal government an...
Intel Corporation (NASDAQ:INTC) was among the stocks Jim Cramer discussed while explaining how investors can navigate the current market rotation. Cramer noted that the company “still can’t keep up with the demand,” as he stated: A little over a year ago, when Lip-Bu Tan was named CEO of Intel, the stock was sitting at around 20 bucks. Now, after major cash infusions from the federal government and NVIDIA and some fabulous earnings surprises, it’s a $108 stock. One of the greatest turnarounds I’ve ever seen. And as we spotlight the companies helping shape the next chapter of American innovation, Intel’s become a major part of that story. Lip-Bu is friendly with pretty much everyone who matters in the industry. He told me, for example, that he talks to Elon Musk once a week, engineer to engineer. Meanwhile, Intel’s high-end CPUs are now essential for the data center at a time when there are chip shortages all over the place. Intel’s been building out its domestic manufacturing capacity, exactly the kind of investment in American industry we’re focusing on in our invest in America, 250 years of innovation series. The most recent quarter was phenomenal, and they still can’t keep up with the demand. Photo by Christian Wiediger on Unsplash Intel Corporation (NASDAQ:INTC) designs and manufactures processors, chips, memory, and related hardware. Additionally, it provides software, optimization solutions, and AI-enabled platforms. While we acknowledge the potential of INTC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years Disclosure: None. Follow Insider Monkey on Google News.
Intel Corporation (NASDAQ:INTC) was among the stocks Jim Cramer discussed while explaining how investors can navigate the current market rotation. Cramer noted that the company “still can’t keep up with the demand,” as he stated: A little over a year ago, when Lip-Bu Tan was named CEO of Intel, the stock was sitting at around 20 bucks. Now, after major cash infusions from the federal government an...
Intel Corporation (NASDAQ:INTC) was among the stocks Jim Cramer discussed while explaining how investors can navigate the current market rotation. Cramer noted that the company “still can’t keep up with the demand,” as he stated: A little over a year ago, when Lip-Bu Tan was named CEO of Intel, the stock was sitting at around 20 bucks. Now, after major cash infusions from the federal government and NVIDIA and some fabulous earnings surprises, it’s a $108 stock. One of the greatest turnarounds I’ve ever seen. And as we spotlight the companies helping shape the next chapter of American innovation, Intel’s become a major part of that story. Lip-Bu is friendly with pretty much everyone who matters in the industry. He told me, for example, that he talks to Elon Musk once a week, engineer to engineer. Meanwhile, Intel’s high-end CPUs are now essential for the data center at a time when there are chip shortages all over the place. Intel’s been building out its domestic manufacturing capacity, exactly the kind of investment in American industry we’re focusing on in our invest in America, 250 years of innovation series. The most recent quarter was phenomenal, and they still can’t keep up with the demand. Photo by Christian Wiediger on Unsplash Intel Corporation (NASDAQ:INTC) designs and manufactures processors, chips, memory, and related hardware. Additionally, it provides software, optimization solutions, and AI-enabled platforms. While we acknowledge the potential of INTC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years Disclosure: None. Follow Insider Monkey on Google News.