JHVEPhoto Lumentum ( LITE ), Ciena ( CIEN ), and Coherent ( COHR ) were in focus on Tuesday as investment firm Stifel upped its price targets on the trio ahead of their upcoming earnings reports. “Heading into F3Q26 prints for COHR and LITE this week and CIEN's F2Q26 print (early-June), we remain Buy-rated across all three optical networking names and are again raising estimates and target prices ...
JHVEPhoto Lumentum ( LITE ), Ciena ( CIEN ), and Coherent ( COHR ) were in focus on Tuesday as investment firm Stifel upped its price targets on the trio ahead of their upcoming earnings reports. “Heading into F3Q26 prints for COHR and LITE this week and CIEN's F2Q26 print (early-June), we remain Buy-rated across all three optical networking names and are again raising estimates and target prices following the sub-sector run-up since OFC 2026 that, in our view, raised the bar on what the cycle can deliver,” the analysts wrote in a note to clients. “The combination of hyperscaler CapEx accelerating (consensus for Big-5 is ~$705.2bn in CY26, +67.3% y/y) into a multi-year build-out; extended order visibility (12-18 months across the cohort); and supply-side scarcity at the upstream InP/EML/CW laser layer continues to support the framework that the AI infrastructure cycle is real, durable, and compounding. We continue to believe the cohort is more likely to deliver beat-and-raise prints into mid-CY26 than not, with multi-year upside levers (Hyper-Rail and DCOM expansion at CIEN; OCS and scale-up CPO at LITE; the 3-vector Scale-Out/Scale-Up/Scale-Across framework at COHR) still to drive long-tailed accretion to revenue and margin contributions.” The firm has a Buy rating on all three and upped its price targets on Lumentum, Ciena, and Coherent to $1,100, $585, and $412 from $800, $430, and $275, respectively. More on Lumentum, Coherent, and Ciena Ciena Corp.: Buy As Backlog To Cash Is Rolling Lumentum Stock: Why I'm Buying In After A 1300% Run-Up Lumentum: A Hidden Liquidity Risk Buried In The Footnotes Lumentum Q3 2026 Earnings Preview Quant snapshot: Lumentum, Fastly among top-rated names as SUI Group, Service Properties lag
Welcome to Next Africa, a daily newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. In today’s edition, we look at the state of Zambia-US ties and: Mozambique mulls converting $1.4 billion it owes China into yuan Sudan and Ethiopia traded accusations after a Khartoum drone attack How history hampers Europe’s wooing of Africa Tradin...
Welcome to Next Africa, a daily newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. In today’s edition, we look at the state of Zambia-US ties and: Mozambique mulls converting $1.4 billion it owes China into yuan Sudan and Ethiopia traded accusations after a Khartoum drone attack How history hampers Europe’s wooing of Africa Trading Barbs What began as a landmark week for US-Zambia relations suddenly took a turn for the worse. KoBold Metals, a Silicon Valley company backed by American billionaires including Sam Altman and Bill Gates, held a ground-breaking ceremony for its new copper mine that will ultimately be the biggest in the southern African nation. Producing more than 300,000 tons of a metal crucial to powering data centers and electric vehicles, the Mingomba mine signifies the US planting an outsized flag in Zambia’s copper region, with President Hakainde Hichilema calling the project “tremendous.” The back-slapping was short-lived. A day later, outgoing US ambassador to Zambia, Michael Gonzales, gave a scathing farewell speech, accusing the government of “institutionalized and refined corruption” that was deterring investors from his country. He raised particular concern over Zambia’s dealings with Chinese investors — pointing to last year’s large-scale mine-waste disaster at a state-owned operation not far from KoBold’s project. Zambian Foreign Minister Mulambo Haimbe responded with an equally sharp rebuff, calling the ambassador’s corruption claims delusional. (The nation backslid on Transparency International’s corruption rankings last year, reversing two years of improvement.) What does the tiff mean for US-Zambia relations? That depends on whether it’s only with a disillusioned envoy who since left the country, or at a deeper level between the two governments. Much is at stake. For Zambia, that includes $2 billion in health aid . For the US, it affects relations with a country where it ...
Microsoft (MSFT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Microsoft (MSFT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Welcome to the Brussels Edition. I’m Suzanne Lynch , Bloomberg’s Brussels bureau chief, bringing you the latest from the EU each weekday. Make sure you’re signed up . Concerns around Anthropic’s new artificial intelligence model , Mythos, are reverberating in Europe. Economy Commissioner Valdis Dombrovskis confirmed yesterday that the EU is in talks with the San Francisco-based tech firm about get...
Welcome to the Brussels Edition. I’m Suzanne Lynch , Bloomberg’s Brussels bureau chief, bringing you the latest from the EU each weekday. Make sure you’re signed up . Concerns around Anthropic’s new artificial intelligence model , Mythos, are reverberating in Europe. Economy Commissioner Valdis Dombrovskis confirmed yesterday that the EU is in talks with the San Francisco-based tech firm about getting its companies and banks tested for vulnerabilities that Mythos might expose. Dombrovskis said Anthropic had briefed the EU executive on “cyber capabilities and risks” potentially linked to the as-yet unreleased tool. Ultimately, he wants European companies “to have possibilities for this cyber resiliency testing.” Dombrovskis was speaking as EU finance ministers gathered in Brussels for two days of meetings during which the impact of Mythos, which can identify flaws in IT systems, was on the agenda. During the gathering, ministers lobbied for European companies to get access, sources say, amid concerns that Europe’s financial system may be exposed to digital attacks if the technology falls into the wrong hands. “Frontier AI models are evolving rapidly and may soon present challenges of a potentially systemic nature,” Eurogroup President Kyriakos Pierrakakis told reporters, predicting that the issue would re-surface at future meetings of the region’s finance chiefs. Growing alarm in the EU about potential vulnerabilities in finance systems echoes similar worries expressed at last month’s IMF-World Bank meetings in Washington, where officials and companies made clear they wanted access to the Anthropic model. It appears the US is already a step ahead. The Commerce Department’s Center for AI Standards and Innovation said today that Google, Microsoft and xAI had agreed to join OpenAI and Anthropic in giving the government in Washington early access to their AI models. The Latest The IMF argued the EU should delay billions in repayments of joint Covid-era debt to help free ...
Nvidia stock has looked a lot more grounded over the last year compared to the kind of parabolic rally we saw in the preceding couple of years. Can NVDA stock still deliver good returns?
Nvidia stock has looked a lot more grounded over the last year compared to the kind of parabolic rally we saw in the preceding couple of years. Can NVDA stock still deliver good returns?
In this article F Follow your favorite stocks CREATE FREE ACCOUNT A Ford employee works inside a high voltage lab at Ford's new Electric Vehicle Development Center in Long Beach, California. Courtesy Ford LONG BEACH, Calif. — As the global automotive industry retreats from all-electric vehicles after reporting billions of dollars in losses, Ford Motor continues to move forward with its next genera...
In this article F Follow your favorite stocks CREATE FREE ACCOUNT A Ford employee works inside a high voltage lab at Ford's new Electric Vehicle Development Center in Long Beach, California. Courtesy Ford LONG BEACH, Calif. — As the global automotive industry retreats from all-electric vehicles after reporting billions of dollars in losses, Ford Motor continues to move forward with its next generation of EVs that CEO Jim Farley has described as industry-defining products. Ford's push comes despite a massive slowdown in EV adoption , $19.5 billion in electric vehicle restructuring charges for the company, the elimination of U.S. consumer incentives to buy EVs and the company's leading EV executive abruptly departing. "Agility is key," Ford's EV product leader, Alan Clarke, told CNBC during an interview at the company's new Electric Vehicle Development Center in Long Beach, California. "We've been able to pivot around all the different market conditions. … The EV industry has had massive headwinds, and so we've had to adjust." Ford's continued confidence, albeit it at lower and slower capital rates than it previously projected, comes from its "Universal Electric Vehicle," or UEV platform, which the company has developed from a clean-sheet design. Ford's goal for the UEV is to be profitable and cost-competitive with global EV leaders from China and Tesla . The UEV is expected to be critical to Ford transforming its Model e EV unit from billions of dollars in annual losses to breakeven by 2029. The company has said its future EVs will be profitable within a year of launching. The first planned product based on the UEV is a roughly $30,000 midsize pickup truck for the U.S. market next year, followed by a family of vehicles underpinned by the platform. "The midsize pickup truck, there won't be anything that competes with it, either in price or product form, and so I think it sort of stands alone in that sense," Clarke said. A Ford worker inside the automaker's fabrication...
Former NASA administrator Jim Bridenstine is joining Quantum Space, a startup developing maneuverable spacecraft for defense missions, as chief executive officer, the company said on Tuesday. Current CEO Kerry Wisnowsky will become president, the Rockville, Maryland-based startup said in a statement. Quantum Space , co-founded by entrepreneur Kam Ghaffarian , is working to build its Ranger spacecr...
Former NASA administrator Jim Bridenstine is joining Quantum Space, a startup developing maneuverable spacecraft for defense missions, as chief executive officer, the company said on Tuesday. Current CEO Kerry Wisnowsky will become president, the Rockville, Maryland-based startup said in a statement. Quantum Space , co-founded by entrepreneur Kam Ghaffarian , is working to build its Ranger spacecraft, which can carry missile defense interceptors, surveillance equipment and commercial payloads. The company also announced that its first Ranger mission is slated to launch no earlier than the second quarter of 2027, a delay from the previously stated date of June 2026 . Quantum Space has raised $80 million to date through its Series A funding round. Bridenstine served as NASA administrator during President Donald Trump ’s first administration and oversaw the creation of the Artemis program to return US astronauts to the moon. He currently serves as the managing partner of the Artemis Group, a space and defense consulting firm.
Sitting in a nondescript facility just north of the city’s airport, employees working in this skunkworks facility are harnessing the brand’s tremendously deep experience in vehicle manufacturing by putting almost all of its UEV platform development under one roof. | Image: Ford Ford isn't sending the clearest signals regarding its EV future. We got a glimpse of its Universal EV (UEV) Project last ...
Sitting in a nondescript facility just north of the city’s airport, employees working in this skunkworks facility are harnessing the brand’s tremendously deep experience in vehicle manufacturing by putting almost all of its UEV platform development under one roof. | Image: Ford Ford isn't sending the clearest signals regarding its EV future. We got a glimpse of its Universal EV (UEV) Project last February , but then it pulled the plug on the F-150 Lightning , which is regarded as one of the more successful electric pickup trucks to date. The climate surrounding electric vehicles hasn't helped, either, between loosening emissions rules, tariffs, and the elimination of the federal EV tax credit. But recently, after touring Ford's less-than-two-year-old Electric Vehicle Development Center (EVDC) located in Long Beach, California, I have a better sense of the company's current position. Ford says it will continue to bui … Read the full story at The Verge.
hapabapa/iStock Editorial via Getty Images Palantir Is Weakening After Solid Q1 Earnings I have historically been a big skeptic regarding Palantir Technologies ' ( PLTR ) prospects but decided to upgrade it to "Buy" in early March 2026 with a thesis that the SaaS-driven correction looked off—I didn't see Claude as a real threat to PLTR's business model, plus I liked the US government revenue gener...
hapabapa/iStock Editorial via Getty Images Palantir Is Weakening After Solid Q1 Earnings I have historically been a big skeptic regarding Palantir Technologies ' ( PLTR ) prospects but decided to upgrade it to "Buy" in early March 2026 with a thesis that the SaaS-driven correction looked off—I didn't see Claude as a real threat to PLTR's business model, plus I liked the US government revenue generation side. The firm reported its Q1 2026 results a few hours ago, and we see that it beat strongly again on both the top and bottom lines, guiding for massive expansion in the "high-risk area," i.e., in the US commercial segment. But the stock's price action refused to adjust higher. PLTR is currently trading 2-3% below the previous closing price in the after-market trading session. TrendSpider Software, PLTR hourly, notes added The sentiment, or better to say, the market's narrative around PLTR hasn't changed much following the latest updates, but it should have changed, in my opinion. We saw from the actual Q1 results that Palantir is likely isolated from the main Claude-related risks, and its software will be essential for the US government's tech purposes for years to come. The lack of the post-earnings reaction only helps PLTR reset its valuation, and it's a good thing, actually, for long-term holders. Since I see no reason for a downgrade in the just-released financials and guidance, I remain bullish on PLTR. Why Do I Think So? I suppose you've already seen some post-earnings analyses on Seeking Alpha or elsewhere, so I'll just briefly mark the main parts that I found interesting in PLTR's Q1 results. Total revenue for the quarter surged by 85% YoY or +16% QoQ, beating the consensus estimate by 5.9% (above the average beat size despite the fact that analysts had initially put a premium on the top-line consensus vs. the midpoint of the guidance). It was the highest revenue growth rate since the company gained its public status, and the acceleration fact is telling me ...
Romanian Pro-EU Government Collapses After No-Confidence Vote, Currency Tumbles To Record Low Lawmakers toppled Romanian Prime Minister Ilie Bolojan's pro-EU government in a no-confidence vote on Tuesday, putting at risk the country's sovereign debt ratings, its access to EU funds and the stability of its currency. Of the valid votes cast in the parliament, 285 voted for the motion of censure an...
Romanian Pro-EU Government Collapses After No-Confidence Vote, Currency Tumbles To Record Low Lawmakers toppled Romanian Prime Minister Ilie Bolojan's pro-EU government in a no-confidence vote on Tuesday, putting at risk the country's sovereign debt ratings, its access to EU funds and the stability of its currency. Of the valid votes cast in the parliament, 285 voted for the motion of censure and four against, exceeds the 251 signatures collected last week for the motion and above the 233 needed to pass, the official parliamentary count showed. Romania's Prime Minister Ilie Bolojan Bolojan has led a minority government since late April when the Social Democrats - the largest party in parliament - called for his resignation and then walked out of the four-party coalition and teamed up with the far-right opposition to file a no-confidence vote. Although a snap election looks unlikely, financial markets are concerned that the turbulence could mean Bucharest wavers in its commitment to narrowing the European Union's biggest budget deficit. Romania's leu currency fell to a record low against the euro ahead of Tuesday's vote. The current coalition came to power 10 months ago with a view to containing the gains of the far right after a series of polarizing elections, and it had begun to reduce the deficit, narrowly avoiding a ratings downgrade from the last rung of investment grade. But the Social Democrats - without whom a pro-EU majority cannot be achieved - have repeatedly clashed with Bolojan as his austerity measures have hit their voters and patronage networks, while their popular support has bled away to the far right. Nevertheless, opinion polls still show Bolojan is the most popular politician in the ruling coalition. Bolojan will stay on as interim premier with limited powers until a new government is approved by parliament. "Can anyone say how Romania will function from tomorrow, do you have a plan?" Bolojan asked lawmakers before the vote. "Romanians w...
CAMARILLO, Calif., May 05, 2026 (GLOBE NEWSWIRE) -- Qualstar Corporation (OTC: QBAK), a trusted provider of scalable data storage and high-efficiency power solutions, today reported financial results for the quarter ended March 31, 2026.
CAMARILLO, Calif., May 05, 2026 (GLOBE NEWSWIRE) -- Qualstar Corporation (OTC: QBAK), a trusted provider of scalable data storage and high-efficiency power solutions, today reported financial results for the quarter ended March 31, 2026.
hapabapa/iStock Editorial via Getty Images Palantir Is Weakening After Solid Q1 Earnings I have historically been a big skeptic regarding Palantir Technologies ' ( PLTR ) prospects but decided to upgrade it to "Buy" in early March 2026 with a thesis that the SaaS-driven correction looked off—I didn't see Claude as a real threat to PLTR's business model, plus I liked the US government revenue gener...
hapabapa/iStock Editorial via Getty Images Palantir Is Weakening After Solid Q1 Earnings I have historically been a big skeptic regarding Palantir Technologies ' ( PLTR ) prospects but decided to upgrade it to "Buy" in early March 2026 with a thesis that the SaaS-driven correction looked off—I didn't see Claude as a real threat to PLTR's business model, plus I liked the US government revenue generation side. The firm reported its Q1 2026 results a few hours ago, and we see that it beat strongly again on both the top and bottom lines, guiding for massive expansion in the "high-risk area," i.e., in the US commercial segment. But the stock's price action refused to adjust higher. PLTR is currently trading 2-3% below the previous closing price in the after-market trading session. TrendSpider Software, PLTR hourly, notes added The sentiment, or better to say, the market's narrative around PLTR hasn't changed much following the latest updates, but it should have changed, in my opinion. We saw from the actual Q1 results that Palantir is likely isolated from the main Claude-related risks, and its software will be essential for the US government's tech purposes for years to come. The lack of the post-earnings reaction only helps PLTR reset its valuation, and it's a good thing, actually, for long-term holders. Since I see no reason for a downgrade in the just-released financials and guidance, I remain bullish on PLTR. Why Do I Think So? I suppose you've already seen some post-earnings analyses on Seeking Alpha or elsewhere, so I'll just briefly mark the main parts that I found interesting in PLTR's Q1 results. Total revenue for the quarter surged by 85% YoY or +16% QoQ, beating the consensus estimate by 5.9% (above the average beat size despite the fact that analysts had initially put a premium on the top-line consensus vs. the midpoint of the guidance). It was the highest revenue growth rate since the company gained its public status, and the acceleration fact is telling me ...
Quali, the leader in Environment-as-a-Service automation, today announced that its Torque platform supports the NVIDIA Nemotron™ 3 family of open models, extending Torque's governed infrastructure capabilities to cover the full NeMo and NIM agentic AI stack. The announcement coincides with the general availability of Nemotron 3 Super and the upcoming release of Nemotron 3 Ultra, giving enterprises...
Quali, the leader in Environment-as-a-Service automation, today announced that its Torque platform supports the NVIDIA Nemotron™ 3 family of open models, extending Torque's governed infrastructure capabilities to cover the full NeMo and NIM agentic AI stack. The announcement coincides with the general availability of Nemotron 3 Super and the upcoming release of Nemotron 3 Ultra, giving enterprises a production-ready path to deploy, manage, and scale Nemotron 3 workloads from day one.
Northridge Capital is seeking a buyer for the W Hotel Aspen, a sale that would be the first for a slopeside resort in the upscale Colorado town since 2010. The firm is seeking as much as $175 million for the 88-room property, Northridge Chief Executive Officer David Jackson said in an interview. At $2 million a room, that valuation would be at the high end nationally; last month, Braemar Hotels & ...
Northridge Capital is seeking a buyer for the W Hotel Aspen, a sale that would be the first for a slopeside resort in the upscale Colorado town since 2010. The firm is seeking as much as $175 million for the 88-room property, Northridge Chief Executive Officer David Jackson said in an interview. At $2 million a room, that valuation would be at the high end nationally; last month, Braemar Hotels & Resorts Inc. said it had agreed to sell a Park Hyatt resort in Beaver Creek , Colorado, for just over $900,000 per room. Such properties rarely hit the market around the mountain, and new construction has been limited by land use restrictions that are among the most strict in the country. The supply constraints have kept Aspen prices high: Room rates are up 45% from pre-Covid levels, growing at nearly double the rate of the national average. “Many ski resorts view themselves as places that attracts tourists, and as a result, they’re relatively receptive to development,” Jackson said. “Aspen is the opposite. It views itself as someplace very special, and it is.” Marriott International Inc. , which owns the W brand, will continue to operate the hotel. The W is coming to market at a time when the growing wealth of the upper classes is boosting high-end travel, and the cost and complexity of building luxury hotels is making it hard for real estate developers to keep up with demand. As of March, construction had started on just 81 luxury hotels, according to data from CoStar Group Inc. , with the number of rooms down 40% from 2019. “I think we’re going to see interest from all corners of the investor universe,” said Kevin Davis, chief executive officer of the hotel practice at Jones Lang Lasalle, which is working with Northridge to market the W. Northridge bought the property, then known as the Aspen Club Lodge, for $20 million in 2001, Jackson said. The company changed its name to the Sky Hotel and hired Kimpton to manage it. The location was perfect, sitting just a few hundred...