(RTTNews) - Rockwell Automation, Inc. (ROK) said, for fiscal 2026, it now expects adjusted EPS in a range of $12.50 - $13.10, revised from prior guidance range of $11.40 - $12.20. Organic sales growth is now projected in a range of 5% - 9%, updated from prior guidance range of 2%
(RTTNews) - Rockwell Automation, Inc. (ROK) said, for fiscal 2026, it now expects adjusted EPS in a range of $12.50 - $13.10, revised from prior guidance range of $11.40 - $12.20. Organic sales growth is now projected in a range of 5% - 9%, updated from prior guidance range of 2%
With the US-Iran war creeping into its third month, oil traders are hedging against divergent outcomes tied to US inventories as the newly anointed top crude exporter faces unprecedented pressure to meet global demand. One of the hedges, around the US Strategic Petroleum Reserve release, last week helped to moderate crude futures. The other is a long-shot bet based on speculation that President Do...
With the US-Iran war creeping into its third month, oil traders are hedging against divergent outcomes tied to US inventories as the newly anointed top crude exporter faces unprecedented pressure to meet global demand. One of the hedges, around the US Strategic Petroleum Reserve release, last week helped to moderate crude futures. The other is a long-shot bet based on speculation that President Donald Trump will go to great lengths to tame rising fuel prices ahead of the US midterm elections, or that the conflict will heat up again and further choke off Middle East oil supply. The scattershot options landscape reflects a fractured oil market psyche, as traders position for previously unimaginable outcomes. One such scenario is already taking shape: constrained Middle Eastern supply is turbocharging overseas demand for US crude, pushing exports to record levels and testing the limits of the West’s supply cushion. Read more: US Is Oil Supplier of Last Resort as Hormuz Disruptions Worsen The US on Thursday offered up to 92.5 million barrels from the reserve as part of the International Energy Agency ’s effort to help alleviate supply disruptions from the Iran war, the largest wave yet in a planned 172-million-barrel release. The release is structured as a loan, prompting traders to step up efforts to sell oil for prompt delivery while buying later-dated contracts during periods when the borrowers will need to repay the government. West Texas Intermediate for full-year 2027 closed at an all-time high on Monday near $77 a barrel, up $3.55 since Wednesday. The so-called calendar strip rising above $70 — a widely watched level among producers looking to lock in future revenue — has remained elevated even as hedging activity surged to unprecedented levels according to Matt Marshall, president of AEGIS Hedging Solutions LLC. By contrast, prompt prices have moved more modestly. July futures closed up $1.40 from Wednesday, and the US benchmark’s June contract lagged Brent’s ga...
Accumulation Abstract Aerial Art/DigitalVision via Getty Images Performance assessment Palantir ( PLTR ) has lagged the overall market since my last update on the stock: Performance since HA's Last Article on PLTR (Seeking Alpha, HA's Last Article on PLTR) Elevator pitch The company posted its Q1 FY26 earnings update yesterday. Here's my take: All segments are firing but adoption in the US is the ...
Accumulation Abstract Aerial Art/DigitalVision via Getty Images Performance assessment Palantir ( PLTR ) has lagged the overall market since my last update on the stock: Performance since HA's Last Article on PLTR (Seeking Alpha, HA's Last Article on PLTR) Elevator pitch The company posted its Q1 FY26 earnings update yesterday. Here's my take: All segments are firing but adoption in the US is the highlight The pace of acceleration may be slowing down PLTR's valuation multiple is compressing as EPS expectations rise A higher for longer interest rates environment means a delayed catalyst for a valuation boost The charts say accumulate and wait All segments are firing but adoption in the US is the highlight This shows a snapshot of Palantir's revenue growth profile. Notice how from an impact basis (as measured by the revenue mix multiplied by the growth rate), the US market is the overwhelming driver of growth in the Q1 quarter: Q1 FY26 revenue split (Company Filings, HA Analysis) Management expects FY26 to see sustained 120% YoY levels of high growth in the US commercial business. This is driven by dual factors of relentless additions in customers: US commercial customers (Company Filings, HA Analysis) And more recently, greater mining of customer accounts leading to higher average revenues per US commercial customer of $1M per quarter: Average revenue per US Commercial Customer (Company Filings, HA Analysis) The simple driver of this growth is the fact that Palantir's AIP is simply the best option for enterprises to adopt and implement in order to drive very meaningful business productivity gains . Our AI platform dominates the U.S. markets as the only real choice for deploying AI models operationally in a way that actually works. - CFO David Glazer in the Q1 FY26 earnings call On the government side too, the company's growth was driven by bigger contracts with existing customer entities such as the Pentagon. This growth was driven by continued execution in existing ...
Spyre Therapeutics press release ( SYRE ): Q1 GAAP EPS of -$0.74 misses by $0.05 . $1.2 billion in pro forma cash, cash equivalents, and marketable securities as of March 31, 2026, with expected runway into the second half of 2029 More on Spyre Therapeutics Spyre Therapeutics: Strong SPY001 Data Set Up A Catalyst-Rich 2026 Spyre Therapeutics, Inc. (SYRE) Discusses SPY001 Part A Induction Topline R...
Spyre Therapeutics press release ( SYRE ): Q1 GAAP EPS of -$0.74 misses by $0.05 . $1.2 billion in pro forma cash, cash equivalents, and marketable securities as of March 31, 2026, with expected runway into the second half of 2029 More on Spyre Therapeutics Spyre Therapeutics: Strong SPY001 Data Set Up A Catalyst-Rich 2026 Spyre Therapeutics, Inc. (SYRE) Discusses SPY001 Part A Induction Topline Results From SKYLINE Trial in Moderate-to-Severe Ulcerative Colitis - Slideshow Spyre Therapeutics, Inc. (SYRE) Discusses SPY001 Part A Induction Topline Results From SKYLINE Trial in Moderate-to-Severe Ulcerative Colitis Transcript Spyre Therapeutics prices upsized $403M stock deal; gross proceeds exceed initial $300M goal Spyre Therapeutics launches $300M public stock offering
Sundry Photography/iStock Editorial via Getty Images Shares of GlobalFoundries ( GFS ) climbed about 3% premarket on Tuesday after the second quarter outlook beat analysts' estimates. Q1 Metrics For the first quarter ended March 31, non-IFRS EPS surged about 18% year-over-year to $0.40, beating estimates. Meanwhile, revenue grew about 3% year-over-year to $1.63B, which came in line with estimates....
Sundry Photography/iStock Editorial via Getty Images Shares of GlobalFoundries ( GFS ) climbed about 3% premarket on Tuesday after the second quarter outlook beat analysts' estimates. Q1 Metrics For the first quarter ended March 31, non-IFRS EPS surged about 18% year-over-year to $0.40, beating estimates. Meanwhile, revenue grew about 3% year-over-year to $1.63B, which came in line with estimates. "GF delivered strong results in the first quarter, with all of our Non-IFRS profitability metrics at or above the high end of the respective guidance ranges, said GlobalFoundries' CEO Tim Breen. Outlook For the second quarter of 2026, the company expects non-IFRS EPS to be $0.43 (plus or minus $0.05), compared to the consensus EPS estimate of $0.41. GlobalFoundries expects net revenue to be $1.76B (plus or minus $25M) versus the consensus revenue estimate of $1.74B. More on GlobalFoundries GlobalFoundries: I'm Maintaining A Neutral View After The Secondary Offering GLOBALFOUNDRIES Inc. (GFS) GlobalFoundries Inc. - Shareholder/Analyst Call - Slideshow GLOBALFOUNDRIES Inc. (GFS) GlobalFoundries Inc. - Shareholder/Analyst Call Transcript GLOBALFOUNDRIES Non-GAAP EPS of $0.40 beats by $0.05, revenue of $1.63B in-line GLOBALFOUNDRIES Q1 2026 Earnings Preview
U.S. futures are trending to the upside, as investors eye developments in the Middle East, with crude prices dipping. In Europe, stocks are also seeing the upside, with only the FTSE 100, where oil majors such as BP and Shell trade, in the red. Here are three investment strategies we heard in CNBC's Singapore and London studios on Tuesday to help navigate the noise. AI productivity gains Florian I...
U.S. futures are trending to the upside, as investors eye developments in the Middle East, with crude prices dipping. In Europe, stocks are also seeing the upside, with only the FTSE 100, where oil majors such as BP and Shell trade, in the red. Here are three investment strategies we heard in CNBC's Singapore and London studios on Tuesday to help navigate the noise. AI productivity gains Florian Ielpo, head of macro at Lombard Odier Investment Managers, is eyeing the fallout from the AI trade, arguing against underestimating how AI adoption is also producing productivity elsewhere. Ielpo said that the market is trading more narrowly than the earnings surprises are showing. "If you look at the numbers, industrials overall are doing good, consumer discretionary have been surprising to the upside, materials also. There's a flurry of sectors which are also profiting from what's happening currently in the pure AI space, I see that as momentum." The case for Europe Julian Howard, chief multi-asset investment strategist at GAM Investments, made the case for European equities but said the catalyst for those stocks has to be an end to the conflict in Iran. He cited German infrastructure as a case in point, but said that energy concerns over Europe loom large. He said that if investors target the Nasdaq and S & P 500 in the meantime, they will be able to hedge against inflation. Underweight Japan Francis Tan, chief strategist Asia at Indosuez Wealth Management, is now underweight Japanese equities, citing the recent strong run for stocks on the Nikkei 225. Additionally, Tan cited a need to rebalance his portfolio, saying he is now slightly overweight U.S. equities. He said he saw opportunities for gold and is advising clients to buy any dips in the precious metal, saying it has a "medium-term uptrend."
Cogent Biosciences press release ( COGT ): Q1 n et loss was $97.4 million As of March 31, 2026, cash, cash equivalents and marketable securities were $866.4 million, which includes net proceeds of $45.7 million from shares recently sold under the Company’s at-the-market (ATM) stock offering as well as non-recurring payments totaling $18.0 million related to annual performance-based bonus compensat...
Cogent Biosciences press release ( COGT ): Q1 n et loss was $97.4 million As of March 31, 2026, cash, cash equivalents and marketable securities were $866.4 million, which includes net proceeds of $45.7 million from shares recently sold under the Company’s at-the-market (ATM) stock offering as well as non-recurring payments totaling $18.0 million related to annual performance-based bonus compensation and a milestone payment to Plexxikon. Based on our current plans, we expect our existing cash, cash equivalents and marketable securities will be sufficient to fund our operating expenses and capital expenditure requirements into 2028, including the commercialization of bezuclastinib in SM and GIST. More on Cogent Biosciences Cogent Biosciences: Blockbuster Potential, Premium Valuation, Still A 'Buy' Cogent Biosciences: Trio Of Approvals Beckon For Lead Drug - Still Bullish Seeking Alpha’s Quant Rating on Cogent Biosciences Historical earnings data for Cogent Biosciences Financial information for Cogent Biosciences
Over one million entries received from UK runners London also sets record with 1.3m total applications The London Marathon has set yet more records with organisers announcing that 1.8% of the UK adult population – more than one million people – have applied to run in next year’s race. Running’s boom was also reflected in a world record 1,338,544 global application for the 2027 London Marathon – up...
Over one million entries received from UK runners London also sets record with 1.3m total applications The London Marathon has set yet more records with organisers announcing that 1.8% of the UK adult population – more than one million people – have applied to run in next year’s race. Running’s boom was also reflected in a world record 1,338,544 global application for the 2027 London Marathon – up from 1.13m for this year’s race and more than double the amount they received in 2024. Continue reading...
IPG Photonics press release ( IPGP ): Q1 Non-GAAP EPS of $0.29 misses by $0.02 . Revenue of $265.5M (+16.5% Y/Y) beats by $8.56M . Outlook: For the second quarter of 2026, IPG expects revenue of $260 million to $290 million vs. $275.75M consensus , adjusted gross margin between 37% and 40% and adjusted operating expenses of $92 million to $95 million. IPG anticipates delivering adjusted earnings p...
IPG Photonics press release ( IPGP ): Q1 Non-GAAP EPS of $0.29 misses by $0.02 . Revenue of $265.5M (+16.5% Y/Y) beats by $8.56M . Outlook: For the second quarter of 2026, IPG expects revenue of $260 million to $290 million vs. $275.75M consensus , adjusted gross margin between 37% and 40% and adjusted operating expenses of $92 million to $95 million. IPG anticipates delivering adjusted earnings per diluted share in the range of $0.25 to $0.55 vs. $0.43 consensus, and adjusted EBITDA in the range of $32 million to $48 million. 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 Q1 2026 Earnings Preview Ipg photonics outlines growth in medical, micromachining, and defense for 2026 amid 17% revenue surge and strategic diversification
China has unveiled a new supercomputer built from entirely home-grown CPUs, with the aim of beating the world’s fastest machine while sidestepping US export controls. Known as Lingsheng or LineShine, it is designed to reach 2 exaflops – or two quintillion calculations per second – edging past the 1.8-exaflop El Capitan, the current record holder at the Lawrence Livermore National Laboratory in Cal...
China has unveiled a new supercomputer built from entirely home-grown CPUs, with the aim of beating the world’s fastest machine while sidestepping US export controls. Known as Lingsheng or LineShine, it is designed to reach 2 exaflops – or two quintillion calculations per second – edging past the 1.8-exaflop El Capitan, the current record holder at the Lawrence Livermore National Laboratory in California. Unlike other exascale supercomputers, which rely on graphics processing units (GPUs),...
Canadian challenger bank EQB Inc. won government approval for its deal to acquire the mass-market banking arm of Loblaw Cos. and said the transaction is set to close this summer. The signoff from Canada’s finance minister, which follows a recommendation from the bank regulator, is the last step in the regulatory review process, EQB said in a statement Tuesday. The deal to buy PC Financial from the...
Canadian challenger bank EQB Inc. won government approval for its deal to acquire the mass-market banking arm of Loblaw Cos. and said the transaction is set to close this summer. The signoff from Canada’s finance minister, which follows a recommendation from the bank regulator, is the last step in the regulatory review process, EQB said in a statement Tuesday. The deal to buy PC Financial from the country’s largest grocer, which the firms announced in December , was previously cleared by the competition watchdog. EQB is Canada’s seventh-largest publicly traded bank and is making a push to grab market share from the dominant six lenders. The PC Financial deal will launch EQB’s online-focused EQ Bank into the credit-card business and give it a physical presence through more than 180 kiosks inside grocery stores. The transaction, which was valued at about C$800 million ($587 million) when announced, will see Loblaw get two board seats and a stake of at least 17% in EQB. The lender will add approximately C$5.8 billion in assets and C$800 million in direct retail deposits. Read More: Canada’s EQB Hires Ex-CIBC Executive for Personal-Banking Push “We applaud the swift actions of the federal government to enable us to move with pace to drive improvement in banking competition and affordability and innovation for Canadians,” Chief Executive Officer Chadwick Westlake said in the statement. He had previously called for the Canadian government to act faster on reviewing banking deals, citing comparatively swift approval of US transactions.
Rise in bond yields due to fuel prices and political stability concerns will eat away at Rachel Reeves’s fiscal headroom Business live – latest updates The UK government’s long-term borrowing costs have hit their highest level since 1998, amid rising fuel prices and concerns about political stability. The yield – effectively the interest rate – on 30-year UK government bonds (gilts) hit 5.76% at l...
Rise in bond yields due to fuel prices and political stability concerns will eat away at Rachel Reeves’s fiscal headroom Business live – latest updates The UK government’s long-term borrowing costs have hit their highest level since 1998, amid rising fuel prices and concerns about political stability. The yield – effectively the interest rate – on 30-year UK government bonds (gilts) hit 5.76% at lunchtime on Tuesday, up 0.11 percentage points – exceeding the 27-year high reached last autumn. Continue reading...
yul38885 yul38885/iStock via Getty Images I have been covering several interesting income products based on Strategy ( MSTR ), ranging from the Yieldmax MSTR Option Income Strategy ETF ( MSTY ), the Roundhill MSTR WeeklyPay ETF ( MSTW ) and the Bitwise MSTR Option Income Strategy ETF ( IMST ). My take so far has been that MSTY does not make the cut as a Buy despite its headline high yields because...
yul38885 yul38885/iStock via Getty Images I have been covering several interesting income products based on Strategy ( MSTR ), ranging from the Yieldmax MSTR Option Income Strategy ETF ( MSTY ), the Roundhill MSTR WeeklyPay ETF ( MSTW ) and the Bitwise MSTR Option Income Strategy ETF ( IMST ). My take so far has been that MSTY does not make the cut as a Buy despite its headline high yields because the payoff structure is heavily dependent on execution and historically delivers weak income to upside balance. IMST, a relatively new challenger also did not look like a Buy candidate initially given that it appeared to be largely replicating MSTY’s synthetic option structure with no clear methodology edge. I had kept it as a Hold because of its limited history, awaiting more data to see if any structural advantages arise. For income investors who have a bullish thesis on Strategy Inc ( MSTR ), MSTW looked like a good option (better than MSTY), but at the moment it is suffering because the underlying thesis in MSTR has weakened. In this review, I will look at how IMST is evolving and whether it provides a better alternative to MSTY's known issues (viz. inefficient trade-off between income generation and upside participation driven by active management). I also take a look at another relatively new entrant — the YieldMax MSTR Performance & Distribution Tg 25 ETF ( MSST ) that could also be an alternative. I will also review MSTY's own structure and positioning at the moment to see whether the Sell rating needs to be changed. MSTW (not a covered-call strategy and more dependent on MSTR's own trajectory) is not part of the thesis. My analysis will show how MSTY has undergone significant structural changes compared to how it was positioned in January 2026. The ETF now needs to be watched to see whether it is indeed moving from a partially overwritten, directionally exposed structure to a near fully overwritten, engineered payoff structure, and could be a rerating candidate if...
Walbridge, the Detroit-headquartered construction and engineering firm, is serving as the general contractor for Related Digital's Saline Township data center development — the single largest project in the company's 110-year history and the largest economic investment ever made in the state of Michigan. Developed by Related Digital exclusively for Oracle and OpenAI, the $16 billion, gigawatt-scal...
Walbridge, the Detroit-headquartered construction and engineering firm, is serving as the general contractor for Related Digital's Saline Township data center development — the single largest project in the company's 110-year history and the largest economic investment ever made in the state of Michigan. Developed by Related Digital exclusively for Oracle and OpenAI, the $16 billion, gigawatt-scale campus is being built under a first-in-the-nation project labor agreement covering more than 2,500
Prospect Capital (NASDAQ:PSEC) pays a monthly distribution of $0.045 per share, which works out to $0.54 annualized and a yield of roughly 20.1% at a recent share price of almost $3. A yield that fat usually flashes a warning, and the company did cut its monthly payout from $0.06 to $0.045 in late 2024. The ... Prospect Capital insiders are buying while yield hunters debate the safety
Prospect Capital (NASDAQ:PSEC) pays a monthly distribution of $0.045 per share, which works out to $0.54 annualized and a yield of roughly 20.1% at a recent share price of almost $3. A yield that fat usually flashes a warning, and the company did cut its monthly payout from $0.06 to $0.045 in late 2024. The ... Prospect Capital insiders are buying while yield hunters debate the safety
(RTTNews) - While reporting financial results for the first quarter on Tuesday, electric utility American Electric Power Co., Inc. (AEP) reaffirmed its operating earnings guidance for the full-year 2026.
(RTTNews) - While reporting financial results for the first quarter on Tuesday, electric utility American Electric Power Co., Inc. (AEP) reaffirmed its operating earnings guidance for the full-year 2026.