Bloomberg's James Attwood joins Vonnie Quinn on "Bloomberg Markets." Gold swung between gains and losses as investors weighed the Federal Reserve’s interest-rate path after US data this week showed a war-driven surge in inflation. (Source: Bloomberg)
Bloomberg's James Attwood joins Vonnie Quinn on "Bloomberg Markets." Gold swung between gains and losses as investors weighed the Federal Reserve’s interest-rate path after US data this week showed a war-driven surge in inflation. (Source: Bloomberg)
Palantir Technologies (PLTR) is a name commanding significant attention on Wall Street today. The reason is the reputation built on the back of government agencies, military systems, and intelligence operations. However, a common theme for Palantir is the move to become a favorite of corporate ...
Palantir Technologies (PLTR) is a name commanding significant attention on Wall Street today. The reason is the reputation built on the back of government agencies, military systems, and intelligence operations. However, a common theme for Palantir is the move to become a favorite of corporate ...
South Africa's Garrick Higgo receives a rare two-shot penalty at the start of his first round - for arriving a minute late to the tee - denying him a share of the US PGA Championship lead.
South Africa's Garrick Higgo receives a rare two-shot penalty at the start of his first round - for arriving a minute late to the tee - denying him a share of the US PGA Championship lead.
Investors choosing between the iShares Core S&P 500 ETF (NYSEMKT:IVV) and iShares Russell 2000 ETF (NYSEMKT:IWM) are essentially deciding between lower-cost, technology-heavy large-cap stability and volatile small-cap exposure. Both iShares offerings provide foundational broad-market exposure, but they target opposite ends of the capitalization spectrum. While IWM tracks small-cap companies, IVV f...
Investors choosing between the iShares Core S&P 500 ETF (NYSEMKT:IVV) and iShares Russell 2000 ETF (NYSEMKT:IWM) are essentially deciding between lower-cost, technology-heavy large-cap stability and volatile small-cap exposure. Both iShares offerings provide foundational broad-market exposure, but they target opposite ends of the capitalization spectrum. While IWM tracks small-cap companies, IVV follows the S&P 500, making it a staple for those seeking large-cap growth and stability within a diversified portfolio. Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield. Continue reading
GameStop The simple model of GameStop Corp.’s proposal to acquire eBay Inc. is: Ryan Cohen, the chief executive officer of GameStop, thinks he should be the CEO of eBay. That is not a job that you can apply for by filling out an application on the website. For one thing, eBay is a $50 billion public company, and public companies rarely hire new CEOs through cold outreach. For another thing, eBay h...
GameStop The simple model of GameStop Corp.’s proposal to acquire eBay Inc. is: Ryan Cohen, the chief executive officer of GameStop, thinks he should be the CEO of eBay. That is not a job that you can apply for by filling out an application on the website. For one thing, eBay is a $50 billion public company, and public companies rarely hire new CEOs through cold outreach. For another thing, eBay has a CEO already and was not, prior to Cohen’s outreach, looking to replace him. Also Cohen is himself already the CEO of a public company, GameStop, which is not strictly disqualifying but might make it hard to get another public CEO job. If you are an ambitious and energetic person, and you want your dream job, but the hiring manager is not returning your calls, you could always try stunts. You print your resume on a cake and send it to the company. You stand outside the hiring manager’s house singing a song you wrote about your qualifications. Or, in Cohen’s case, you (1) lob in a vague acquisition offer, (2) lay out how you’d cut costs and make eBay more valuable if you were in charge and (3) also auction your socks on eBay to pay for it. It’s that combination of demonstrating your commitment and qualifications, while also doing some viral nonsense to get noticed. In the case where your dream job is being the CEO of a particular public company, and the company already has a CEO and is not returning your calls, there are two standard sorts of stunt you can pull: You can do activism . You can buy some stock and send a letter to the board saying “I am a shareholder, I think current management is all wrong, and I would like to talk to you about my ideas.” (Your first idea is “make me CEO,” so you can implement your other ideas.) And then if the board says no, you run an activist campaign: You go out to other shareholders and try to get them on board with your ideas; if necessary, you run a proxy fight to vote out the existing board of directors and put your nominees in char...
Tesla (NASDAQ:TSLA) at $445.27 is a hold. The stock has run 26.35% in the past month on a clean Q1 margin reset, but it now trades above the Street’s consensus target and at multiples that demand near-flawless execution on Cybercab, Robotaxi, and Optimus. Tesla is pitched as a physical AI company spanning electric vehicles, energy ... Tesla at $445: Buy, Sell or Hold?
Tesla (NASDAQ:TSLA) at $445.27 is a hold. The stock has run 26.35% in the past month on a clean Q1 margin reset, but it now trades above the Street’s consensus target and at multiples that demand near-flawless execution on Cybercab, Robotaxi, and Optimus. Tesla is pitched as a physical AI company spanning electric vehicles, energy ... Tesla at $445: Buy, Sell or Hold?
Certain Iowa school districts face a “one-in-two chance” of a credit rating downgrade by S&P Global Ratings after the state approved a new property tax reform measure. The Iowa General Assembly passed a property tax reform bill this month that will redirect a portion of revenue collected from its statewide 1% sales tax. Instead of being used for school infrastructure, it will now help provide reli...
Certain Iowa school districts face a “one-in-two chance” of a credit rating downgrade by S&P Global Ratings after the state approved a new property tax reform measure. The Iowa General Assembly passed a property tax reform bill this month that will redirect a portion of revenue collected from its statewide 1% sales tax. Instead of being used for school infrastructure, it will now help provide relief to property taxpayers. Under the measure, the diversion rate of the school sales tax will rise to 25% by fiscal year 2031, up from 7.1% now, according to an S&P’s rating report released this week. Several states including Florida and Texas are also contemplating measures to lower property tax bills for residents. Proponents point to the affordability crunch faced by homeowners whose payments have soared since the pandemic. Those opposed are raising concerns about how else local governments will pay for essential services. The new measure in Iowa creates a “material reduction” in revenue for schools, noted S&P analysts led by Andrew Truckenmiller. For districts that issued debt secured by that revenue, maximum annual debt service levels will be reduced “in a way that might be inconsistent with current ratings.” As a result, S&P has put those school districts on “CreditWatch with negative implications.” The ratings company will be reviewing each district’s finances individually and look to take any ratings actions within 90 days.
Governing Council member Yannis Stournaras warned that the European Central Bank could be forced to hike borrowing costs if the price of oil maintains its current level, according to Athens News Agency . “That falls between the second and third scenarios, rather than the first and second of the ECB,” he said, referring to the baseline, adverse and severe paths for growth and inflation the ECB pres...
Governing Council member Yannis Stournaras warned that the European Central Bank could be forced to hike borrowing costs if the price of oil maintains its current level, according to Athens News Agency . “That falls between the second and third scenarios, rather than the first and second of the ECB,” he said, referring to the baseline, adverse and severe paths for growth and inflation the ECB presented in March. “If it continues, then the ECB will have no other option but to raise interest rates,” the Greek central bank chief said. “But we all hope to avoid that.” Brent crude has held above $100 a barrel for most of the past three weeks as US President Donald Trump struggles to force Iran to reopen the Strait of Hormuz. It traded around $105 on Thursday. Markets and economists expect the ECB to hike rates by 25 basis points when they meet in June. While some policymakers are signaling that they have seen enough in data to support such a move, others have said the outlook needs to weaken further for them to act. Persistent higher oil prices would cause an economic slowdown as well as rising inflation, ANA cited Stournaras as saying. If the rise in inflation is small, then “we will see a small increase in interest rates,” the central bank governor said. If inflation rises sharply and remains high for a long time, then “I fear we will face other scenarios,” he added. ECB to Hike If Oil Deanchors CPI Expectations, Kazaks Says Why the ECB’s June Interest-Rate Hike Is Becoming Less Certain Lagarde Says ECB Torn Between Risk of Acting Too Early, Too Late
Hours before lifting a glass with President Trump at a state banquet in Beijing’s Great Hall of the People on Thursday, Chinese leader Xi Jinping delivered a pointed warning about Taiwan. If the issue is “handled poorly,” Xi said, the two countries could “collide or even clash,” putting the entire U.S.-China relationship in “an extremely ... Xi Warns Trump of Possible “Clash” Over Taiwan Just Hour...
Hours before lifting a glass with President Trump at a state banquet in Beijing’s Great Hall of the People on Thursday, Chinese leader Xi Jinping delivered a pointed warning about Taiwan. If the issue is “handled poorly,” Xi said, the two countries could “collide or even clash,” putting the entire U.S.-China relationship in “an extremely ... Xi Warns Trump of Possible “Clash” Over Taiwan Just Hours Before Banquet Toast
Media law experts cast doubt on viability of a defamation lawsuit promised by Netanyahu over Nicholas Kristof essay Israel ’s prime minister, Benjamin Nethanyahu , and foreign minister, Gideon Sa’ar, have threatened to sue the New York Times for defamation over the publication of an essay by Nicholas Kristof detailing allegations that Palestinian women, men and children have been raped and sexuall...
Media law experts cast doubt on viability of a defamation lawsuit promised by Netanyahu over Nicholas Kristof essay Israel ’s prime minister, Benjamin Nethanyahu , and foreign minister, Gideon Sa’ar, have threatened to sue the New York Times for defamation over the publication of an essay by Nicholas Kristof detailing allegations that Palestinian women, men and children have been raped and sexually abused in Israeli military detention. “Following the publication by Nicholas Kristof in The New York Times of one of the most hideous and distorted lies ever published against the State of Israel in the modern press, which also received the backing of the newspaper, Prime Minister Benjamin Netanyahu and Foreign Minister Gideon Sa’ar have instructed the initiation of a defamation lawsuit against The New York Times,” Israel’s ministry of foreign affairs wrote in a social media post on Thursday. Continue reading...
jetcityimage Nvidia ( NVDA ) is set to extend its winning streak to seven straight sessions, with the stock up 3.7% at $234.20 during Thursday afternoon trading. The semiconductor giant’s shares rose after a report suggested that sales of its H200 GPUs to 10 Chinese tech firms were cleared by the U.S. federal government. Over the last six sessions, the company has gained 8.7%, while its shares are...
jetcityimage Nvidia ( NVDA ) is set to extend its winning streak to seven straight sessions, with the stock up 3.7% at $234.20 during Thursday afternoon trading. The semiconductor giant’s shares rose after a report suggested that sales of its H200 GPUs to 10 Chinese tech firms were cleared by the U.S. federal government. Over the last six sessions, the company has gained 8.7%, while its shares are up nearly 21% over the past month. Cantor Fitzgerald raised its price target on the semiconductor giant to $350 from $300, stating that CEO Jensen Huang has outdueled the rest of the semiconductor industry. “Compute is extraordinarily tight, and we believe NVDA is sold out for both 2026 and 2027. Agentic AI, particularly at Anthropic and OAI, has confirmed the massive ROIC for AI,” Cantor Fitzgerald analyst C.J. Muse wrote in a note. However, according to Seeking Alpha's Quant Rating , NVDA has a Hold rating with a score of 3.48 out of 5. The company received an A+ for profitability and an A- for growth, while earning an F in valuation. On the other hand, Wall Street analysts remain bullish, rating the stock a Strong Buy. Among Wall Street analysts, 58 out of 61 rate NVDA as Buy or higher, while two analysts rate it Hold and one recommends Strong Sell. Seeking Alpha analysts are also bullish, rating NVDA a Buy. “Nvidia should continue to benefit from robust, supply-constrained AI GPU demand, as evidenced by recent developments,” Seeking Alpha analyst Konstantinos Kosmidis wrote, rating it a Strong Buy. Kosmidis added that hyperscaler capex and AI infrastructure commitments from Microsoft, Google, Meta, and AWS underscore sustained, broad-based demand for AI solutions. The semiconductor giant’s shares have gained 24.75% so far this year, outperforming the benchmark S&P 500, which has risen 8.75% over the same period. More on Nvidia Nvidia At All-Time Highs: Why I'm Holding Into Print Nvidia: A Strong Setup Ahead Of Earnings Fundamentals Over Everything SA analyst: Nvidia fu...
Earnings Call Insights: Accelerant Holdings (ARX) Q1 2026 Management View "We had a fantastic first quarter, reflecting strong momentum across our platform. Once again, we exceeded the midpoint of our quarterly guidance across exchange written premium, third-party premium and adjusted EBITDA." (Co-Founder, CEO & Director Jeffrey Radke) "Today, we have 156 million rows of information across more th...
Earnings Call Insights: Accelerant Holdings (ARX) Q1 2026 Management View "We had a fantastic first quarter, reflecting strong momentum across our platform. Once again, we exceeded the midpoint of our quarterly guidance across exchange written premium, third-party premium and adjusted EBITDA." (Co-Founder, CEO & Director Jeffrey Radke) "Today, we have 156 million rows of information across more than 62,000 unique risk attributes" and Radke tied the benefit to platform outcomes: "The so what for Accelerant is higher growth with better loss ratios and minimal churn from members or risk capital partners." (CEO Radke) "This has led to higher output per engineer and a productivity lift of more than 24%." (CEO Radke) "Exchange written premium was $1.14 billion in the first quarter" and "First quarter net revenue retention was 116%." (CEO Radke) "For the first quarter of 2026, the gross loss ratio remained very attractive at 52.1%." (CEO Radke) "We continued to make progress during the first quarter with 41% of exchange written premium going to third-party insurers." (CEO Radke) "Hadron's gross written premiums were just 41% of third-party premiums in Q1 2026, down from 67% in Q1 2025." (Head of Strategy Ryan Schiller) "Overall, revenue was up 54% over the prior year to $273 million" and "Adjusted EBITDA was $66 million for the first quarter." (CFO, Principal Financial & Accounting Officer Linda Huber) Outlook Management raised full-year targets, with CFO Huber stating: "For the full year 2026, we expect first, exchange written premium of at least $5.2 billion; secondly, third-party direct written premium of at least $2.3 billion; and finally, adjusted EBITDA of at least $285 million, which includes fee-based or non-underwriting adjusted EBITDA of at least $276 million." (CFO Huber) For Q2, Huber guided: "We expect, first, exchange written premium of $1.27 billion to $1.32 billion; second, third-party direct written premium of $580 million to $620 million and adjusted EBIT...
The stock market has its runs and dips, but through all that, the goal is always to own high quality assets at great valuations. In today's video, I am going to look at 5 high quality names that I believe have the ability to compound your wealth for the next 10+ years. One of tho
The stock market has its runs and dips, but through all that, the goal is always to own high quality assets at great valuations. In today's video, I am going to look at 5 high quality names that I believe have the ability to compound your wealth for the next 10+ years. One of tho
Shares of Intel (NASDAQ:INTC) are trading at $115 in midday action Thursday, down 4% on the session. Even with today’s pullback, INTC stock has gained 82% over the past month, a truly impressive move. The natural question for chip investors is whether Intel is actually beating Advanced Micro Devices (NASDAQ:AMD). AMD stock is at $445, ... Intel Just Ripped 82% in a Month, but Is It Beating AMD?
Shares of Intel (NASDAQ:INTC) are trading at $115 in midday action Thursday, down 4% on the session. Even with today’s pullback, INTC stock has gained 82% over the past month, a truly impressive move. The natural question for chip investors is whether Intel is actually beating Advanced Micro Devices (NASDAQ:AMD). AMD stock is at $445, ... Intel Just Ripped 82% in a Month, but Is It Beating AMD?
Shares of Berkshire Hathaway ( BRK.B ) slipped 0.50% to $483.11 in the afternoon trade on Thursday, ending a six-session winning streak. The stock had gained around 3.4% between May 6 and May 13, while the S&P 500, rose 1.07% over the same period. According to Seeking Alpha’s Quant rating system, BRK.B is rated a hold with a score of 3.46 out of 5, with an A+ in terms of profitability and a D- in ...
Shares of Berkshire Hathaway ( BRK.B ) slipped 0.50% to $483.11 in the afternoon trade on Thursday, ending a six-session winning streak. The stock had gained around 3.4% between May 6 and May 13, while the S&P 500, rose 1.07% over the same period. According to Seeking Alpha’s Quant rating system, BRK.B is rated a hold with a score of 3.46 out of 5, with an A+ in terms of profitability and a D- in terms of revision. A recent Seeking Alpha analysis argued that Berkshire Hathaway’s premium valuation may face pressure in the post-Buffett era, even though Greg Abel is viewed as a capable operator. The note added that Buffett and Munger’s reputation and investment track record justified a historical premium, but suggested that dynamic may weaken over time, pointing out that, “I also see little odds for him to maintain the ‘Buffett premium’ for both intrinsic and also extrinsic reasons.” While on Wall Street, analysts are bullish , with three out of four analysts rating the stock with a buy or higher, one suggesting to hold. Shares have gained about 1.32 % over the past month and have slipped around 3.8 % year to date. More on Berkshire Hathaway Inc. Berkshire Hathaway: P/B Ratio Becomes More Important With The Leadership Transition Berkshire Hathaway: Be Patient Like Mr. Buffett And You Might Get A Chance To Buy At Book Value Greg Abel's Berkshire Hathaway: Efficiency Over Philosophy Earnings Scoreboard: 82% of firms post Y/Y earnings growth, 88% of S&P 500 reporting firms top EPS estimates Berkshire Hathaway increases its stakes in two Japanese trading houses