guvendemir/E+ via Getty Images Thesis Kingstone Companies, Inc. ( KINS ) is a small regional property and casualty insurer focused mainly on homeowners coverage in New York and the Northeast. I became bullish on the stock in 2024 when CEO Meryl Golden produced what appeared to be an operational turnaround by implementing strong underwriting practices, generating rapid premium growth, and significa...
guvendemir/E+ via Getty Images Thesis Kingstone Companies, Inc. ( KINS ) is a small regional property and casualty insurer focused mainly on homeowners coverage in New York and the Northeast. I became bullish on the stock in 2024 when CEO Meryl Golden produced what appeared to be an operational turnaround by implementing strong underwriting practices, generating rapid premium growth, and significantly improving profitability. I rated KINS a Buy again last May following Q1 earnings results, as they supported this thesis with another profitable quarter and significant cash flow, along with ongoing improvement from higher-quality products, specifically Select . Performance Review of Grassroots Trading’s KINS Buy Calls (TradingView) And yet, KINS has been a minor disappointment, meaningfully underperforming the broader market ( SP500 ), with half of the percentage losses since last year's Buy rating occurring just yesterday alone. For the most part, I take a long-duration approach to equity investing. But I don’t marry stocks, and if the signs point to letting this one go, maybe it’s time for a divorce . That said, having reviewed the latest Q1 2026 results , I’m sticking with this bullish relationship because the quarter looks more like a weather-driven setback than a breakdown in the underlying turnaround. Storm Losses Cloud An Otherwise Better Business Net combined ratio : 112% Net loss: $5.8M Diluted loss per share: $0.40 Catastrophe impact on loss ratio: 26 points Gross catastrophe losses: ~$25M Winter storm reinsurance recovery: $5M Additional losses into the reinsurance tower: ~$4M–$5M. Let's start with why this quarter was rough. The Northeast got hit with one of the nastiest winters in ten-plus years. And Kingstone, which mostly insures homes in downstate New York, took it right on the chin. AM Best (basically the credit rating agency for insurance companies) said the two big winter storms, Fern and Hernando , were bad enough to hurt profits across the industry...
Non-state group learns from Ukrainian warfare to develop cabled drones that evade hi-tech defences of state army The three Israeli soldiers clustered by a tank heard the noise before they saw its source. By the time they spotted the drone, it was too late. The video feed goes black as the small fibre-optic first-person-view (FPV) drone explodes next to them, killing one soldier and injuring six mo...
Non-state group learns from Ukrainian warfare to develop cabled drones that evade hi-tech defences of state army The three Israeli soldiers clustered by a tank heard the noise before they saw its source. By the time they spotted the drone, it was too late. The video feed goes black as the small fibre-optic first-person-view (FPV) drone explodes next to them, killing one soldier and injuring six more. Footage of the drones hitting Israeli tanks, soldiers and bulldozers in south Lebanon has become increasingly common as Hezbollah puts the weapon at the centre of its guerrilla war against Israel’s occupation of south Lebanon. Continue reading...
Nico De Pasquale Photography/DigitalVision via Getty Images This was another great week for the markets as the S&P 500 closed at 7,398.94. The latest development in the AI revolution is chips, as Micron ( MU ) and Sandisk ( SNDK ) have continued to make historic moves higher. While there are some pockets of the market that are lagging, what the Q1 2026 earnings season is showing us is that corpora...
Nico De Pasquale Photography/DigitalVision via Getty Images This was another great week for the markets as the S&P 500 closed at 7,398.94. The latest development in the AI revolution is chips, as Micron ( MU ) and Sandisk ( SNDK ) have continued to make historic moves higher. While there are some pockets of the market that are lagging, what the Q1 2026 earnings season is showing us is that corporate earnings are expanding and the investment into AI is not slowing down. What could bring the rally to a screeching halt is that a deal does not get done overseas and oil from the Middle East continues to be choked off from the rest of the world. If that continues for an extended period of time, then we could see oil spike above $150 as the demand outstrips supply, which could cause inflation to run hotter. If that occurs, we could see the CPI print for May, which would be released in June, come in over 4%, which could change the narrative that the Fed could still cut in the back half of the year. I believe that cooler heads will prevail and a deal will be reached by Memorial Day. If one isn’t reached, then we could see elevated energy prices for Memorial Day and the 4 th of July, which wouldn’t be good for the Midterm Elections later in the year. Regardless of what happens, I will continue to allocate capital as I always do in the Dividend Harvesting Portfolio so I can build out this stream of ongoing income. After allocating $27,100 to the Dividend Harvesting Portfolio, the account balance finished week 271 at $38,304.39. The account's profitability increased (-0.96%) to $11,204.39, which is a return on invested capital of 41.34%. Over the past week I started a new position in Salesforce ( CRM ) and added to Starwood Property Trust ( STWD ) again. In week 271, the account generated $17.69 in dividend income. The combination of reinvesting the generated dividend income and making these investments increased the forward projected annualized dividend income by $17.69 (0.59%...
W. P. Carey Inc. ( WPC ) said on Tuesday its year-to-date investment volume reached about $1.1B, including roughly $400M completed since reporting first-quarter results on April 28. The net lease REIT said recent activity included a sale-leaseback deal for a 43-property manufacturing portfolio leased to GardenCore, formerly Oldcastle Lawn & Garden. The properties, located across 24 U.S. states, ar...
W. P. Carey Inc. ( WPC ) said on Tuesday its year-to-date investment volume reached about $1.1B, including roughly $400M completed since reporting first-quarter results on April 28. The net lease REIT said recent activity included a sale-leaseback deal for a 43-property manufacturing portfolio leased to GardenCore, formerly Oldcastle Lawn & Garden. The properties, located across 24 U.S. states, are subject to a 20-year triple-net master lease with fixed annual rent escalations. The company said it currently has visibility into about $1.5B of total investment volume for 2026 based on completed deals, scheduled commitments, and its acquisition pipeline. More on W. P. Carey W. P. Carey: Rich Investment Spreads, Capital Appreciation, And Inflation-Beating Dividends W. P. Carey: Still A Strong Candidate For Long-Term Income Portfolios W. P. Carey Inc. 2026 Q1 - Results - Earnings Call Presentation W. P. Carey raises 2026 AFFO per share view to $5.16-$5.26 while targeting $1.5B-$2B investment volume W. P. Carey stock gains on beat-and-raise Q1
Xilio Therapeutics (XLO) delivered earnings and revenue surprises of +12.12% and +48.45%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
Xilio Therapeutics (XLO) delivered earnings and revenue surprises of +12.12% and +48.45%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?
US Consumer Prices Are Rising At Their Fastest Pace In 3 Years Bearing in mind the one-off impact of BLS correcting for shutdown-related distortions (in rent/shelter) from last October ., this morning's CPI was expected to come in hot as the impact of the Iran war starts to spread (energy, airfares, transport) and the melt-up in memory costs (unrelated to war) as the token wars continue. As a remi...
US Consumer Prices Are Rising At Their Fastest Pace In 3 Years Bearing in mind the one-off impact of BLS correcting for shutdown-related distortions (in rent/shelter) from last October ., this morning's CPI was expected to come in hot as the impact of the Iran war starts to spread (energy, airfares, transport) and the melt-up in memory costs (unrelated to war) as the token wars continue. As a reminder, March saw headline CPI in line (energy) while Core CPI actually printed cooler than expected . and we suspect most attention will be on the Core side again today with investors 'looking through' short-term energy-driven cost pressures. Headline CPI rose 0.6% MoM (as expected), pulling headline up 3.8% YoY (hotter than the 3.7% expected) and the hottest since May 2023 ... Source: Bloomberg Energy and Food costs dominated the rise in headline CPI along with Core Services... Source: Bloomberg CPI highlights: MoM energy rose 3.8% in April, accounting for over forty percent of the monthly all items increase. The shelter index also increased in April, rising 0.6%. The index for food increased 0.5% over the month as the index for food at home rose 0.7% and the index for food away from home increased 0.2%. YoY CPI energy index increased 17.9% for the 12 months ending April. The food index increased 3.2% over the last year. CPI Food: The index for food rose 0.5% in April after being unchanged in March. The food at home index increased 0.7% over the month. Five of the six major grocery store food group indexes increased in April. The index for meats, poultry, fish, and eggs increased 1.3 percent over the month as the index for beef rose 2.7 percent. The fruits and vegetables index increased 1.8% in April and the nonalcoholic beverages index rose 1.1%. The index for dairy and related products increased 0.8% over the month and the index for cereals and bakery products rose 0.1% in April. In contrast, the index for other food at home fell 0.4% in April after being unchanged in Mar...
Shidlovski Alkermes ( ALKS ) shares gained in the premarket on Tuesday after the company announced that its sleep disorder therapy Lumryz reached the primary goal in a late-stage trial for patients with idiopathic hypersomnia, a rare condition characterized by excessive daytime sleepiness. Citing topline data, the Irish biotech said that its Phase 3 Revitalyz study achieved the primary endpoint, a...
Shidlovski Alkermes ( ALKS ) shares gained in the premarket on Tuesday after the company announced that its sleep disorder therapy Lumryz reached the primary goal in a late-stage trial for patients with idiopathic hypersomnia, a rare condition characterized by excessive daytime sleepiness. Citing topline data, the Irish biotech said that its Phase 3 Revitalyz study achieved the primary endpoint, as patients on Lumryz experienced statistically significant improvements in excessive daytime sleepiness compared to those on placebo. The extended-release oral suspension of sodium oxybate is already available in the U.S. to treat cataplexy or excessive daytime sleepiness in patients aged seven years and above with narcolepsy. The once-nightly therapy also demonstrated a safety profile consistent with its prior data, with no new safety signals in Revitalyz, Alkermes ( ALKS ) said. The company plans to disclose the data at a future medical event and submit a supplemental new drug application by the end of 2026, seeking a label expansion for Lumryz in the U.S. More on Alkermes Alkermes plc 2026 Q1 - Results - Earnings Call Presentation Alkermes: A Sleep Medicine Platform Hidden Inside A Mature CNS Company Alkermes plc (ALKS) Q1 2026 Earnings Call Transcript Alkermes Q1 2026 Earnings Preview Alkermes outlines $1.73B–$1.84B 2026 revenue target as Avadel acquisition expands commercial reach
Summit Midstream ( SMC ) Tuesday sid that its Board continued to suspend cash dividends payable on the common stock for the period ended March 31, 2026. The quarterly cash dividend on the Series A Preferred Stock, for the period ended June 14, 2026, will be paid to preferred shareholders of record as of the close of business on June 1, 2026. On March 27, 2026, all unpaid dividends of $46.3 million...
Summit Midstream ( SMC ) Tuesday sid that its Board continued to suspend cash dividends payable on the common stock for the period ended March 31, 2026. The quarterly cash dividend on the Series A Preferred Stock, for the period ended June 14, 2026, will be paid to preferred shareholders of record as of the close of business on June 1, 2026. On March 27, 2026, all unpaid dividends of $46.3 million on the Series A Preferred Stock were paid to holders of record as of the close of business on March 17, 2026. More on Summit Midstream Summit Midstream Corporation (SMC) Shareholder/Analyst Call Prepared Remarks Transcript Summit Midstream: One More Year Of Transition Summit Midstream Corporation (SMC) Q4 2025 Earnings Call Transcript Summit Midstream GAAP EPS of -$0.43 beats by $0.06, revenue of $139.1M misses by $0.78M Summit Midstream to raise $42M in private equity placement
(RTTNews) - With energy prices surging, the Labor Department released a report on Tuesday showing consumer prices in the U.S. increased in line with economist estimates in the month of April.
(RTTNews) - With energy prices surging, the Labor Department released a report on Tuesday showing consumer prices in the U.S. increased in line with economist estimates in the month of April.
Sandisk (NASDAQ: SNDK) has been on a tear on the stock market since its separation from Western Digital in February 2025, rising by a stunning 4,200% in just over a year. Sandisk's phenomenal rise has been fueled by the terrific demand for its NAND flash storage products, which are used in data centers, smartphones, personal computers (PCs), and other devices. Artificial intelligence (AI) data cen...
Sandisk (NASDAQ: SNDK) has been on a tear on the stock market since its separation from Western Digital in February 2025, rising by a stunning 4,200% in just over a year. Sandisk's phenomenal rise has been fueled by the terrific demand for its NAND flash storage products, which are used in data centers, smartphones, personal computers (PCs), and other devices. Artificial intelligence (AI) data centers have cornered a significant chunk of the available NAND flash supply, creating a massive supply gap that has led to a sharp spike in the price of Sandisk's products. However, the rapid rise in Sandisk's revenue and earnings has brought its stock price to around $1,500. It was trading at just under $40 a share after its listing on the stock market in February 2025. The stunning jump in this AI stock could encourage management to go for a stock split. Continue reading
Thomas Barwick The Consumer Price Index report for April indicated a 3.8% year-over-year increase, which was level with the expectation of economists and higher than the pace seen in March. The closely watched food category was up 3.2% year-over-year in April, with food away from home up 3.6% Y/Y during the month and food at home up 2.9% Y/Y. The food category with the biggest jump in prices compa...
Thomas Barwick The Consumer Price Index report for April indicated a 3.8% year-over-year increase, which was level with the expectation of economists and higher than the pace seen in March. The closely watched food category was up 3.2% year-over-year in April, with food away from home up 3.6% Y/Y during the month and food at home up 2.9% Y/Y. The food category with the biggest jump in prices compared to a year ago was beef. Uncooked ground beef (+14.5%), uncooked beef roasts (+17.8%), and uncooked beef steaks (16.1%) all showed elevated prices. The overall beef category saw a 3.7% increase in prices in April on a month-to-month comparison. Beef prices in the U.S. are currently at record levels due to a combination of supply shortages driven by long-term droughts, high feed costs, reduced cattle inventories, and strong consumer demand for beef. Notably, the national cattle herd is at its lowest level in decades. Severe droughts over the last five years have forced ranchers to reduce breeding herds as grazing lands and feed became scarce. The replenishment cycle is expected to take several years. Cattle ranchers have been pushing the White House to suspend the tariff-rate quota to encourage more beef imports. Groups representing cattle ranches maintain that tariff relief will help lower prices. A broad list of companies impacted by beef prices includes JBS N.V. ( JBS ), Kroger ( KR ), Albertsons ( ACI ), Walmart ( WMT ), Tyson Foods ( TSN ), Hormel ( HRL ), Pilgrim's Pride ( PPC ), Kraft Heinz ( KHC ), Domino's Pizza ( DPZ ), Texas Roadhouse ( TXRH ), Shake Shack ( SHAK ), McDonald's ( MCD ), Wendy's ( WEN ), Restaurant Brands International ( QSR ), and Beyond Meat ( BYND ). More on Invesco Food & Beverage ETF Gen Z Is Threatening The Alcohol Industry Iran conflict sends pistachio prices soaring as global supply tightens BTIG favors Mondelez, Smucker, and Utz as it launches food sector coverage Seeking Alpha’s Quant Rating on Invesco Food & Beverage ETF Dividend score...