Alexander Koerner/Getty Images News Cisco Systems' ( CSCO ) development of Silicon One has allowed the company to maintain a competitive advantage as rampant AI infrastructure demand has applied pressures across the supply chain. "AI infrastructure orders taken from hyperscalers totaled $1.9B in Q3 compared to $600M in the year prior, with strong growth across our Silicon One systems and market-le...
Alexander Koerner/Getty Images News Cisco Systems' ( CSCO ) development of Silicon One has allowed the company to maintain a competitive advantage as rampant AI infrastructure demand has applied pressures across the supply chain. "AI infrastructure orders taken from hyperscalers totaled $1.9B in Q3 compared to $600M in the year prior, with strong growth across our Silicon One systems and market-leading Acacia Optics," said Cisco CEO Charles Robbins during the third-quarter earnings call on Wednesday evening. "I think the fact that we design our own silicon really gives us greater control end to end," said Cisco CFO Mark Patterson. "I mean, the fact that we're directly managing wafers, substrates, assembly, and test really gives us much more control over the supply chain, if you will. In terms of silicon, we've secured our supply through the calendar year '26 for the next eight months anyway. And then normal negotiations are active and underway on calendar '27." "It's one of the big advantages," Robbins said. "We control so much more of our supply chain, and we don't have the number of dependencies that others may have." Financial analysts agreed, with most raising their price targets on the stock after the release of Cisco's latest earnings results . "Cisco was able to buck the supply chain constraint challenges that have otherwise been plaguing the rest of the networking industry, with control over supply through their investment in the Silicon One roadmap for many years, leaving them in much better control of their destiny than peers that are leveraging merchant silicon and competing for allocation," said J.P. Morgan analysts, led by Samik Chatterjee, in a Thursday investor note. J.P. Morgan maintained its Overweight rating and increased its price target to $120 from $96. Similarly, KeyBanc retained its Overweight rating and hiked its price target up to $125 from $87. "CSCO's F3Q results handily beat expectations, with order growth accelerating to 35% (+19% ex AI ...
大厂AI迭代的周期已经从“天”缩短到“小时”了。 5月11日，千问与淘宝正式互通，用户可在千问里买淘宝，也能在淘宝里用千问AI购物助手。当很多读者在我文章的评论区质疑“AI购物是不是伪需求”时，全球电商霸主Amazon整了个大活儿。 5月13日，亚马逊宣布关停Rufus聊天机器人，推出整合Alexa+能力的“Alexa for Shopping”，即Alexa购物版，用户可在智能搜索、商品详情页、...
OFA Group ( OFAL ) announced on Thursday that it signed an RWA tokenization agreement via its Hearth platform for a residential real estate project with Vero 60 and Vero Beach Land Development . Under the deal, OFAL will provide blockchain infrastructure services, including token creation, smart contract deployment, digital registry management, and compliance-related technology tools. The client e...
OFA Group ( OFAL ) announced on Thursday that it signed an RWA tokenization agreement via its Hearth platform for a residential real estate project with Vero 60 and Vero Beach Land Development . Under the deal, OFAL will provide blockchain infrastructure services, including token creation, smart contract deployment, digital registry management, and compliance-related technology tools. The client estimates the project’s completed value at around $500M, pending independent valuation before token issuance. The company will receive a $7.5M platform technology fee in two milestone-based payments of $3.75M each. OFAL already received the first $3.75M payment, which can be paid in Bitcoin ( BTC-USD ) or USD Coin ( USDC ). Source: Press Release More on OFA Group Financial information for OFA Group
TSMC raised its global semiconductor market forecast to exceed US$1.5b by 2030, citing stronger demand linked to AI and high performance computing. The company outlined rapid capacity expansion, including nine new wafer fab and packaging phases across multiple countries. TSMC is increasing its overseas production footprint in the U.S., Japan, and Germany, signaling a broader shift in the semicondu...
TSMC raised its global semiconductor market forecast to exceed US$1.5b by 2030, citing stronger demand linked to AI and high performance computing. The company outlined rapid capacity expansion, including nine new wafer fab and packaging phases across multiple countries. TSMC is increasing its overseas production footprint in the U.S., Japan, and Germany, signaling a broader shift in the semiconductor supply chain. Taiwan Semiconductor Manufacturing (NYSE:TSM) is updating its long term...
Getty Images Investment action I gave a buy rating for Primoris Services Corporation ( PRIM ) previously as the business backlog was swelling up (to >$11.9 billion) and booking momentum remained strong, which together set up a solid outlook. My current view is still a buy. This quarter was clearly weak, but I think the market is reading too much into a painful yet contained renewables execution is...
Getty Images Investment action I gave a buy rating for Primoris Services Corporation ( PRIM ) previously as the business backlog was swelling up (to >$11.9 billion) and booking momentum remained strong, which together set up a solid outlook. My current view is still a buy. This quarter was clearly weak, but I think the market is reading too much into a painful yet contained renewables execution issue. Utilities remains strong, and the stock is now being valued more on near-term disappointment than on normalized earnings power once these bad projects roll off. Earnings review This was a surprisingly negative Q1 2026 for PRIM. At the headline, revenue fell 5.4%, mainly from lower Energy revenue, despite growth in Utilities. For Energy, it was dragged down by slower-than-expected project starts, slower release of new work, slower financial close on certain projects, and higher costs tied to redesigns, sequencing changes, labor productivity issues, weather, and lower-than-expected volumes. The bigger problem for this quarter is the lower renewable energy activity and higher costs on certain renewables projects. So, while utilities did well, overall performance was dragged down, and total backlog was down sequentially to $11.6 billion. At the consolidated level, gross profit was $134.7 million, a y/y decline vs. $170.7 million last year, and gross margin contracted by ~180bps y/y to 8.6%. Combining that with SG&A up to $105.8 million (~$6 million step up) led to EBIT falling hard from $70.4 million to $24.4 million, and adj. net income falling to $32.2 million (adj. EPS of $0.59). The renewables issue looks painful, but it is not doomsday The weak quarter is obvious: renewables, and the hit was not small. But I don’t think this is a doomsday scenario. Based on management’s words, this looks more like a concentrated execution issue than a structural breakdown in the business. To be specific, they said Q1 saw cost pressure on a limited number of renewables projects and tha...
Phunware Inc (NASDAQ:PHUN, FRA:2RJA) said Thursday it has appointed Dmitry Kroshka as CEO and brought in a product consultancy led by a former Disney+ executive to accelerate a strategic update of its mobile guest intelligence platform. Kroshka, who has served as a senior advisor to the...
Phunware Inc (NASDAQ:PHUN, FRA:2RJA) said Thursday it has appointed Dmitry Kroshka as CEO and brought in a product consultancy led by a former Disney+ executive to accelerate a strategic update of its mobile guest intelligence platform. Kroshka, who has served as a senior advisor to the...
RuthBlack/iStock via Getty Images Overview There was a time when I wanted to own a portfolio of dozens of rental properties. The idea of collecting cash flow from tangible assets always sounded cool. However, the abundance of different high yield assets out there has sort of diminished the desire to be a landlord. The NEOS Real Estate High Income ETF ( IYRI ) makes a compelling case for long-term ...
RuthBlack/iStock via Getty Images Overview There was a time when I wanted to own a portfolio of dozens of rental properties. The idea of collecting cash flow from tangible assets always sounded cool. However, the abundance of different high yield assets out there has sort of diminished the desire to be a landlord. The NEOS Real Estate High Income ETF ( IYRI ) makes a compelling case for long-term investors seeking income from real estate. When I previously covered IYRI, I issued a buy rating due to the high level of income that can be generated. Since my last coverage, IYRI has provided a positive total return but has underperformed the rest of the REIT market. Looking at the performance over the last twelve months, we can see that IYRI's share price has remained mostly flat and is only down by roughly 2%. When including all distributions that were paid out to investors, the total return jumps up to 14.4% over the same time frame. The magic of IYRI is all in the dividend yield that the fund can offer to investors. IYRI now offers a starting dividend yield of about 11%, while issuing those payouts on a monthly basis. A major perk of the fund is its ability to issue tax-efficient distributions over time, which is great for high-income investors looking to reduce their overall tax burden. Data by YCharts Since my last coverage, the market has experienced an elevated level of volatility. Market indices were off to a rough start at the beginning of the year and as capital rotated into other areas of the market, investors got a small glimpse into how IYRI would perform during a correction. Therefore, I wanted to revisit the fund and provide some more clarity into what investors should expect from IYRI going forward. I think there is a lot of value to be captured with this high yielding fund, but there are some tradeoffs to be aware of. Fund Strategy Based on the latest fund overview , IYRI now has total net assets of $264.2M that are spread across a diverse range of REITs...
Mininyx Doodle/iStock via Getty Images Inflation is the silent value destroyer. It doesn't erode principal, nor does it directly drive dividend reductions. What it does is it slowly but surely damages the overall purchasing power of investor portfolios. From the GFC up until 2021, it wasn't a big issue. Instead, it was a different kind of issue, meaning that the policymakers were trying to bring i...
Mininyx Doodle/iStock via Getty Images Inflation is the silent value destroyer. It doesn't erode principal, nor does it directly drive dividend reductions. What it does is it slowly but surely damages the overall purchasing power of investor portfolios. From the GFC up until 2021, it wasn't a big issue. Instead, it was a different kind of issue, meaning that the policymakers were trying to bring it up to 2%. However, since COVID-19 broke out and supply chains got disrupted, a significant regime change happened. While the inflation has now come down a bit, we are still far from the long-term inflation target. The war in Iran has obviously taken its toll on the CPI figures, with the most recent monthly print landing at 3.8%. But apart from the likely one-off (or temporary) impact of the elevated oil price, there is a decent list of more structural forces that are accommodative to a "higher for longer inflation scenario": Deep fiscal deficits. Tariffs. Long-lasting effects from the disrupted supply chains from the war in Iran. Enormous AI CapEx spend. Geopolitical re-arming. I could go on and on here. So, what does it mean? In this context, we could consider the following two elements: The cumulative inflation level since the start of 2021 is 27%. Namely, about 5.5% of the annual average return that we have achieved since 2021 has been eroded by the inflation. And it makes sense. Almost everywhere I look, I see higher prices compared to 2 or 3 years ago (not even talking about 2021 levels). At the same time, the investable universe for yield-seeking investors has become less attractive. As the Fed has made several cuts, there is a real shortage of high-quality and durable yield picks that produce dividends that meaningfully exceed the current inflation rate. For example, if you invest in Schwab U.S. Dividend Equity ETF ( SCHD ) today, then based on its TTM yield and the most recent inflation print, the math suggests that in the first year there will be a negative real ...
Daniel Grinspun /iStock via Getty Images Since Last Coverage They say that you should cut your losers and add to your winners; well, that does apply in most investment cases, perhaps. But with a company like Standard Lithium ( SLI ), which is still pre-production, I’d say it’s not applicable. This is why I’m not that concerned the stock has declined by 21% since the last time I wrote about it and ...
Daniel Grinspun /iStock via Getty Images Since Last Coverage They say that you should cut your losers and add to your winners; well, that does apply in most investment cases, perhaps. But with a company like Standard Lithium ( SLI ), which is still pre-production, I’d say it’s not applicable. This is why I’m not that concerned the stock has declined by 21% since the last time I wrote about it and issued a Strong Buy rating on January 8 this year. Since Last Coverage (Seeking Alpha) With the latest earnings report now out and a few other major events like the Trafigura offtake agreement , I still see the same bullish case as last time. With a very healthy balance sheet now and a $225 million grant now finalized from the DOE, financial risks are considerably lower this time around. One market I find particularly interesting, perhaps above all these, is Lithium. It’s the engine that will enable further EV adoption. To refresh the memory of anyone who read my past article, the bull case of SLI consists of 2 parts. Firstly, that lithium demand continues to go higher, which seems likely considering the EV adoption rates right now. Secondly, the operating model is SLI, which is to integrate into existing lithium operations and squeeze out the last bit of yield by passing the brine through a solvent to capture more. The implication of low operating expenses and the large-scale application potential means the company and the stock could see a lot of upside over the next few years. I’m reiterating my Strong Buy. The Revenue Model This has completed over 15,000 direct lithium extraction or DLE cycles and met the fundamental performance targets for the core process technology that's going to be used at the SWA project. This includes 95% plus lithium recovery and 99% plus rejection of key contaminants From the last earnings call that management held, they highlighted some of the parts of why I think this model is so appealing as an investor. 95% recovery yields are considerable ...
Cuba Depletes Fuel As Blackouts Worsen, Putting Havana's Communists Under Pressure Ahead Of U.S. Talks Today's news cycle centers on President Donald Trump's summit and state banquet with Chinese President Xi Jinping, with early messaging from both sides pointing to a constructive first day . Once Trump concludes his China trip, if a peace deal emerges to de-escalate the Iran conflict - likely wit...
Cuba Depletes Fuel As Blackouts Worsen, Putting Havana's Communists Under Pressure Ahead Of U.S. Talks Today's news cycle centers on President Donald Trump's summit and state banquet with Chinese President Xi Jinping, with early messaging from both sides pointing to a constructive first day . Once Trump concludes his China trip, if a peace deal emerges to de-escalate the Iran conflict - likely with Beijing leaning on Tehran to reopen the Hormuz chokepoint - the Trump administration's attention may quickly pivot to the next pressure point: Communist-controlled Cuba. As of mid-week, Cuba's energy crisis has worsened and likely reached a breaking point, with Cuban Energy Minister Vicente de la O Levy warning on state media that the island nation has run out of fuel for diesel generators, and blackouts now extend up to 22 hours per day in parts of the Havana metro area. "The sum of the different types of fuel: crude oil, fuel oil, of which we have absolutely none; diesel, of which we have absolutely none … the only thing we have is gas from our wells, where production has grown," De la O Levy told the BBC. The ongoing power grid crisis follows a months-long U.S. fuel blockade that has choked off oil imports, including supplies previously sourced from Venezuela and elsewhere. Overnight, reports indicated that protests broke out in Communist-controlled Havana, with hundreds in the streets shouting, "Turn on the lights." The Trump administration says it is prepared to provide $100 million in direct humanitarian assistance if Havana permits it, while also pressing for political reforms, according to the State Department. Related: Trump Says Cuba Is Seeking Help: 'We Are Going To Talk' "The decision rests with the Cuban regime to accept our offer of assistance or deny critical life-saving aid and ultimately be accountable to the Cuban people for standing in the way of critical assistance," the statement said. On Tuesday, ahead of Trump's visit to China, he wrote on Truth Soc...
The S&P 500 index (SNPINDEX: ^GSPC) is offering a tiny 1.1% dividend yield. Coca-Cola 's (NYSE: KO) yield is more than twice as high at 2.7%. Hershey Foods (NYSE: HSY) has an even higher yield of 3%. And Hormel Foods (NYSE: HRL) tops the list with a 5.8% yield. All are reliable dividend payers, though they'll probably appeal to different types of investors. If you have $10,000 to invest, you can b...
The S&P 500 index (SNPINDEX: ^GSPC) is offering a tiny 1.1% dividend yield. Coca-Cola 's (NYSE: KO) yield is more than twice as high at 2.7%. Hershey Foods (NYSE: HSY) has an even higher yield of 3%. And Hormel Foods (NYSE: HRL) tops the list with a 5.8% yield. All are reliable dividend payers, though they'll probably appeal to different types of investors. If you have $10,000 to invest, you can buy 127 shares of Coca-Cola, 52 shares of Hershey, or 495 shares of ultra-high yield Hormel. Here's why you might decide to take the plunge with each of them. Image source: Getty Images. Continue reading
U. S. stock futures traded higher on Thursday, with the Nasdaq positioned for additional gains after the technology-heavy index closed at a fresh record high in the previous session.
U. S. stock futures traded higher on Thursday, with the Nasdaq positioned for additional gains after the technology-heavy index closed at a fresh record high in the previous session.
Sports items are proving themselves as investable assets alongside traditional collectibles such as rare coins, according to Heritage Auctions Chief Executive Officer Steve Ivy. He speaks with Bloomberg's Julie Fine in Dallas. (Source: Bloomberg)
Sports items are proving themselves as investable assets alongside traditional collectibles such as rare coins, according to Heritage Auctions Chief Executive Officer Steve Ivy. He speaks with Bloomberg's Julie Fine in Dallas. (Source: Bloomberg)
GH Research press release ( GHRS ): Q1 GAAP EPS of -$0.31. Cash, cash equivalents and marketable securities of $267.3 million as of March 31, 2026 Net cash proceeds of an additional $111.2 million from underwritten offering received in April 2026 More on GH Research GH Research: WH Decision On Psychedelics To Treat Depression Makes Bull Case GH Research FY25 Results: Strong Cash Position As GH001 ...
GH Research press release ( GHRS ): Q1 GAAP EPS of -$0.31. Cash, cash equivalents and marketable securities of $267.3 million as of March 31, 2026 Net cash proceeds of an additional $111.2 million from underwritten offering received in April 2026 More on GH Research GH Research: WH Decision On Psychedelics To Treat Depression Makes Bull Case GH Research FY25 Results: Strong Cash Position As GH001 Advances Toward Phase 3 GH Research prices $117.5M share offering Cybin stands out as the most undervalued psychedelic stock as Trump signs on faster PTSD research Seeking Alpha’s Quant Rating on GH Research