Rivian Automotive 's (NASDAQ: RIVN) strategy for success was never solely about retail electric vehicle (EV) sales. Early in its development, the company announced a deal with e-commerce giant Amazon to deliver 100,000 commercial electric delivery vans by the end of the decade. More than 30,000 are now in service, and Rivian is now growing its fleet business through a new agreement with Uber Techn...
Rivian Automotive 's (NASDAQ: RIVN) strategy for success was never solely about retail electric vehicle (EV) sales. Early in its development, the company announced a deal with e-commerce giant Amazon to deliver 100,000 commercial electric delivery vans by the end of the decade. More than 30,000 are now in service, and Rivian is now growing its fleet business through a new agreement with Uber Technologies (NYSE: UBER) . But there's a twist with the Uber business, and it could have big ramifications for Rivian and its stock . Image source: Rivian Automotive. Continue reading
Funtap/iStock via Getty Images Highlights During the first quarter of 2026, the largest portfolio sector weightings were Information Technology and Health Care. The largest sector overweight was Health Care and the largest sector underweight was Information Technology. The Information Technology and Financials sectors contributed to relative performance while Energy and Consumer Staples were among...
Funtap/iStock via Getty Images Highlights During the first quarter of 2026, the largest portfolio sector weightings were Information Technology and Health Care. The largest sector overweight was Health Care and the largest sector underweight was Information Technology. The Information Technology and Financials sectors contributed to relative performance while Energy and Consumer Staples were among sectors that detracted from relative performance. Market Environment U.S. equities endured a turbulent first quarter, with the S&P 500 Index declining 4.33% as two distinct forces converged to reshape the investment landscape. The period began with a sharp recalibration across the software industry, as the emergence of agentic artificial intelligence (AI) tools raised questions about the durability of traditional software business models. Investors moved swiftly to reprice companies most exposed to AI disruption, triggering a broad sell-off that weighed heavily on the technology-heavy corners of the market. The dislocation also spilled into private credit, where several firms with outsized exposure to software faced redemption pressures. Despite this turbulence, the underlying economy remained strong through the opening months of the year — consumers continued to spend, and expectations held firm for another quarter of solid earnings growth within the S&P 500 Index. The second, and more consequential, disruption arrived in late February with the outbreak of the U.S.–Iran conflict and the subsequent closure of the Strait of Hormuz — a critical chokepoint through which roughly 20% of the world's seaborne oil transits. The resulting supply shock sent crude prices surging past $100 per barrel for the first time in four years, injecting potential inflationary pressure into an economy the Federal Reserve (Fed) had been carefully guiding lower. Higher energy costs complicated the Fed's rate-cutting path; markets entered the quarter pricing in two rate cuts in 2026 but exited with...
Wall Street unleashed one of the most aggressive coordinated price target hikes of the year on Advanced Micro Devices (NASDAQ:AMD) following its blowout Q1 FY2026 report. Two firms upgraded AMD stock outright (Bernstein and Seaport), while seven others lifted price targets, with the most bullish call landing at $530 from KeyBanc. AMD stock surged 17% on ... Wall Street Just Piled Into AMD: Eight F...
Wall Street unleashed one of the most aggressive coordinated price target hikes of the year on Advanced Micro Devices (NASDAQ:AMD) following its blowout Q1 FY2026 report. Two firms upgraded AMD stock outright (Bernstein and Seaport), while seven others lifted price targets, with the most bullish call landing at $530 from KeyBanc. AMD stock surged 17% on ... Wall Street Just Piled Into AMD: Eight Firms Hike Price Targets After Q1 Earnings Crusher
Finding would explain why type of stroke affecting about 35,000 a year in UK is not as responsive to some medication The cause of a type of stroke that affects about 35,000 people across the UK each year has been uncovered by researchers and may explain why some medications are ineffective as treatment. Lacunar strokes, which account for a quarter of all strokes in the UK, had been linked to the b...
Finding would explain why type of stroke affecting about 35,000 a year in UK is not as responsive to some medication The cause of a type of stroke that affects about 35,000 people across the UK each year has been uncovered by researchers and may explain why some medications are ineffective as treatment. Lacunar strokes, which account for a quarter of all strokes in the UK, had been linked to the blockage of arteries in the brain by fatty deposits. However, a study published on Wednesday suggests they are not caused by blocked arteries but by the enlargement and widening of arteries in the brain. Continue reading...
AST SpaceMobile (NASDAQ: ASTS) , a developer of low Earth orbit (LEO) satellites, went public through a merger with a special-purpose acquisition company (SPAC) on April 7, 2021. The combined company's stock started trading at $11.63 on its first day, but it eventually sank to an all-time low of $2.01 on April 2, 2024. Yet today, its stock trades at nearly $70. AST initially disappointed its inves...
AST SpaceMobile (NASDAQ: ASTS) , a developer of low Earth orbit (LEO) satellites, went public through a merger with a special-purpose acquisition company (SPAC) on April 7, 2021. The combined company's stock started trading at $11.63 on its first day, but it eventually sank to an all-time low of $2.01 on April 2, 2024. Yet today, its stock trades at nearly $70. AST initially disappointed its investors by delaying its first commercial launches and racking up steep losses. But it bounced back after securing some big telecom deals and finally launching its first satellites. So is AST's high-flying stock still worth buying today? Image source: Getty Images. Continue reading
Researchers found that TikTok’s For You pages prioritized pro-Republican content in New York, Texas and Georgia A study published Wednesday in the journal Nature finds that TikTok’s algorithm systematically prioritized pro-Republican content in three states leading up to the 2024 US elections. Researchers created hundreds of dummy accounts and conditioned them to mimic real users’ behavior by watc...
Researchers found that TikTok’s For You pages prioritized pro-Republican content in New York, Texas and Georgia A study published Wednesday in the journal Nature finds that TikTok’s algorithm systematically prioritized pro-Republican content in three states leading up to the 2024 US elections. Researchers created hundreds of dummy accounts and conditioned them to mimic real users’ behavior by watching a set of videos either aligned with the US Democratic or Republican parties. Then, they tracked the videos TikTok recommended on these accounts’ For You pages, TikTok’s main feed. Continue reading...
Jonathan Kitchen Western Digital ( WDC ), Micron Technology ( MU ), and Sandisk ( SNDK ) are among a group of technology companies that received price target hikes at Mizuho on artificial intelligence-related tailwinds. Also receiving price target raises were Intel ( INTC ), Arm ( ARM ), and Dell Technologies ( DELL ). Western Digital's price target was raised to $550 from $470, while Micron's and...
Jonathan Kitchen Western Digital ( WDC ), Micron Technology ( MU ), and Sandisk ( SNDK ) are among a group of technology companies that received price target hikes at Mizuho on artificial intelligence-related tailwinds. Also receiving price target raises were Intel ( INTC ), Arm ( ARM ), and Dell Technologies ( DELL ). Western Digital's price target was raised to $550 from $470, while Micron's and Sandisk's targets were raised to $740 and $1,625 from $545 and $1,220, respectively. Intel, Arm, and Dell saw their price targets raised to $255, $100, and $260, from $230, $71, and $215, respectively. "Agentic AI driving server CPU demand, growing ~12% y/y in 2026 vs 2024-25 at ~4-7% y/y growth with ARM noting CPU TAM expanding ~4x to $100B by F31E(Mar) - Positive for INTC, ~50% of Revs driving up '26/'27 DC revs," analysts at the firm wrote in a note to clients. "We see UPSIDE for DELL with AI/conventional server tailwinds from OCI, CRWV (with Anthropic/META/Jane Street Capex); Upside Memory-Storage demand from CPUs and AI GPU/TPU demand with 2026E CSP Capex (>70% y/y from ~60% y/ y:Feb'26)- Positive MU/SNDK/STX/WDC, with 2Q26E DRAM contract price up 35% q/ q in 2Q26E (Prior expected 16% q/q)." More on Western Digital, and more Sandisk: The Steepest Margin Expansion In NAND History Has Only One Way To Go Know When To Hold 'Em And When To Fold 'Em Micron: I'm Trimming My Position Despite The AI Gold Rush Western Digital to exchange shares with investors in equity swap deal Arm Holdings Q4 2026 Earnings Preview
Jonathan Kitchen Western Digital ( WDC ), Micron Technology ( MU ), and Sandisk ( SNDK ) are among a group of technology companies that received price target hikes at Mizuho on artificial intelligence-related tailwinds. Also receiving price target raises were Intel ( INTC ), Arm ( ARM ), and Dell Technologies ( DELL ). Western Digital's price target was raised to $550 from $470, while Micron's and...
Jonathan Kitchen Western Digital ( WDC ), Micron Technology ( MU ), and Sandisk ( SNDK ) are among a group of technology companies that received price target hikes at Mizuho on artificial intelligence-related tailwinds. Also receiving price target raises were Intel ( INTC ), Arm ( ARM ), and Dell Technologies ( DELL ). Western Digital's price target was raised to $550 from $470, while Micron's and Sandisk's targets were raised to $740 and $1,625 from $545 and $1,220, respectively. Intel, Arm, and Dell saw their price targets raised to $255, $100, and $260, from $230, $71, and $215, respectively. "Agentic AI driving server CPU demand, growing ~12% y/y in 2026 vs 2024-25 at ~4-7% y/y growth with ARM noting CPU TAM expanding ~4x to $100B by F31E(Mar) - Positive for INTC, ~50% of Revs driving up '26/'27 DC revs," analysts at the firm wrote in a note to clients. "We see UPSIDE for DELL with AI/conventional server tailwinds from OCI, CRWV (with Anthropic/META/Jane Street Capex); Upside Memory-Storage demand from CPUs and AI GPU/TPU demand with 2026E CSP Capex (>70% y/y from ~60% y/ y:Feb'26)- Positive MU/SNDK/STX/WDC, with 2Q26E DRAM contract price up 35% q/ q in 2Q26E (Prior expected 16% q/q)." More on Western Digital, and more Sandisk: The Steepest Margin Expansion In NAND History Has Only One Way To Go Know When To Hold 'Em And When To Fold 'Em Micron: I'm Trimming My Position Despite The AI Gold Rush Western Digital to exchange shares with investors in equity swap deal Arm Holdings Q4 2026 Earnings Preview
At Holdings Channel, we have reviewed the latest batch of the 53 most recent 13F filings for the 03/31/2026 reporting period, and noticed that iShares Trust - iShares Russell 2000 ETF (Symbol: IWM) was held by 23 of these funds. When hedge fund managers appear to be thinking ali
At Holdings Channel, we have reviewed the latest batch of the 53 most recent 13F filings for the 03/31/2026 reporting period, and noticed that iShares Trust - iShares Russell 2000 ETF (Symbol: IWM) was held by 23 of these funds. When hedge fund managers appear to be thinking ali
GXO Logistics CEO Patrick Kelleher said Amazon’s new supply chain services validate — rather than threaten — the long-term growth opportunity in outsourced logistics. The post GXO raises 2026 outlook, dismisses Amazon logistics threat appeared first on FreightWaves.
GXO Logistics CEO Patrick Kelleher said Amazon’s new supply chain services validate — rather than threaten — the long-term growth opportunity in outsourced logistics. The post GXO raises 2026 outlook, dismisses Amazon logistics threat appeared first on FreightWaves.
Earnings Call Insights: Marriott International (MAR) Q1 2026 Management view "We reported excellent first quarter performance this morning with RevPAR and financial results above the top end of our guidance ranges," said President, CEO & Director Anthony Capuano, citing "record first quarter global signings" and "net rooms growth of 4.5% over the trailing 12 months through March." "While the confl...
Earnings Call Insights: Marriott International (MAR) Q1 2026 Management view "We reported excellent first quarter performance this morning with RevPAR and financial results above the top end of our guidance ranges," said President, CEO & Director Anthony Capuano, citing "record first quarter global signings" and "net rooms growth of 4.5% over the trailing 12 months through March." "While the conflict in the Middle East weighed on results in March," Capuano said "first quarter international RevPAR increased 4.6%," and added, "we are raising our full year global RevPAR guidance and now expect growth of 2% to 3%." Capuano detailed brand and pipeline momentum, saying, "our global pipeline rose over 5% year-over-year to a new record of nearly 618,000 rooms" and "conversions... remain a significant driver of growth, representing over 35% of signings and over 40% of openings in the quarter." "Just yesterday, we transitioned our 1,000th hotel over to our new tech ecosystem," Capuano said, adding, "we're also very excited about beginning a phased rollout of robust natural language search experience on marriott.com, and our app planned by the end of the second quarter." "First quarter total gross fee revenues increased 12% year-over-year to $1.43 billion" and "adjusted diluted EPS rose 17% to $2.72," said Executive VP & CFO Jennifer Mason. Outlook "For the full year, we now expect 2% to 3% global RevPAR growth," Mason said, adding, "we are also raising our outlook in Greater China, where we now expect full year RevPAR growth in the low single-digit range." Mason outlined key offsets to the higher full-year RevPAR range: "We assume that air capacity and travel sentiment will continue to be impacted, particularly in the Middle East through the end of the year" and "our guidance assumes the conflict in the Middle East could impact full year global RevPAR growth by 100 to 125 basis points." Mason reiterated event-related support to the year: "the World Cup is still expected to ad...
OPEC’s crude production fell to a new 36-year low last month as the Iran war continued to choke off exports from the Persian Gulf and forced further shut-ins, according to a Bloomberg survey. Output from the Organization of the Petroleum Exporting Countries declined by 420,000 barrels a day to 20.55 million a day in April, the lowest since 1990, driven by deeper losses in Kuwait and Iran, the surv...
OPEC’s crude production fell to a new 36-year low last month as the Iran war continued to choke off exports from the Persian Gulf and forced further shut-ins, according to a Bloomberg survey. Output from the Organization of the Petroleum Exporting Countries declined by 420,000 barrels a day to 20.55 million a day in April, the lowest since 1990, driven by deeper losses in Kuwait and Iran, the survey showed. The group’s production had already plunged by 8.6 million barrels a day in March, the biggest slump in decades, when the conflict first shuttered the Strait of Hormuz waterway. The supply loss in the Persian Gulf — the biggest oil-market disruption in history — has bolstered the price of jet fuel, diesel and gasoline, threatening a renewed wave of inflation and a global recession. Oil futures are being buffeted by the erratic process of finding a diplomatic solution, tumbling 7% in London on Wednesday on reports the US sees an imminent agreement. OPEC was also rocked last week when the United Arab Emirates announced it would leave the organization, following years of friction with group leader Saudi Arabia over the limits on how much it can produce. Bloomberg’s survey for April includes figures for the UAE for the final month before its exit takes effect on May 1. Despite the closure of Hormuz, several key nations among OPEC and its allies agreed last weekend to proceed with a nominal and symbolic increase of their output quotas in June. That would continue the process — at least on paper — of restoring halted production that the alliance had been engaged in before the war. The survey showed that Kuwait saw the biggest losses last month, with output dropping by 470,000 barrels a day to 800,000 a day — less than a third of pre-conflict levels. The country’s exports dwindled to just 22,000 barrels day, according to tanker tracking data compiled by Bloomberg. It was followed by Iran, which had managed to maintain exports in the initial stages of the war while preven...
Are investors really sleeping on the opportunity in artificial intelligence (AI)? Not exactly, but this does not mean every AI stock is getting equal attention. Highfliers like Nvidia are near record highs, and even stocks that have sold off recently, like Palantir Technologies , still sell at stratospheric valuations. Fortunately, all-time highs and elevated valuations do not define every AI stoc...
Are investors really sleeping on the opportunity in artificial intelligence (AI)? Not exactly, but this does not mean every AI stock is getting equal attention. Highfliers like Nvidia are near record highs, and even stocks that have sold off recently, like Palantir Technologies , still sell at stratospheric valuations. Fortunately, all-time highs and elevated valuations do not define every AI stock . Knowing that, investors can still find opportunity, and these stocks stand out as potential bargains. Image source: Getty Images. Continue reading
Earnings Call Insights: Icahn Enterprises L.P. (IEP) Q1 2026 Management View "It's been a pleasure and honor. And with that, I will hand it over to Ted, our new CEO." (President, CEO & Director Andrew Teno) "I am honored to take on the role of CEO and excited by the opportunity ahead." (CEO Ted Papapostolou) "First quarter NAV increased by $201 million compared to year-end." (CEO Papapostolou) "Th...
Earnings Call Insights: Icahn Enterprises L.P. (IEP) Q1 2026 Management View "It's been a pleasure and honor. And with that, I will hand it over to Ted, our new CEO." (President, CEO & Director Andrew Teno) "I am honored to take on the role of CEO and excited by the opportunity ahead." (CEO Ted Papapostolou) "First quarter NAV increased by $201 million compared to year-end." (CEO Papapostolou) "The increase was primarily driven by an increase of $605 million in our long position in CVI, which was offset in part by losses on refining hedges of $320 million in our Investment segment, also known as the funds." (CEO Papapostolou) "We believe CVI is well positioned to allow for potential future debt reductions and capital returns to shareholders." (CEO Papapostolou) "We are pleased with CVI's announcement of a $0.10 dividend." (CEO Papapostolou) "As of quarter end, we had approximately $782 million in cash at the funds." (CEO Papapostolou) "Lastly, the Board declared an unchanged distribution at $0.50 per depositary unit." (CEO Papapostolou) "I also look forward to working with Rob in his new role as CFO." (CEO Papapostolou) "For the first quarter of 2026, net loss attributable to IEP was $459 million, or a loss of $0.71 per unit." (CFO Robert Flint) "Our first quarter consolidated results include $425 million of losses on refining hedges in our Investment segment and $158 million of unrealized derivative losses in our Energy segment." (CFO Flint) Outlook "Major geopolitical events drove volatility, which have set up attractive market opportunities for the balance of 2026." (CEO Papapostolou) "Caesars is expected to generate significant cash flow in 2026, which we hope to fund meaningful share repurchases and debt paydown." (CEO Papapostolou) "The Transocean trial preparation for our PAH drug is on schedule, and the first patient will be dosed in the next 60 to 90 days." (CFO Flint) "Centuri... guided to strong double-digit base revenue and gross profit growth for 2026 a...