iQoncept/iStock via Getty Images It’s been over three years since the last time I covered OTC Markets Group Inc. ( OTCM ). Since then, the company has been growing at a decent pace; however, investors didn’t care much for it as its share price has gone nowhere compared to the S&P 500 ( SPY ). Unfortunately, I don’t see this changing any time soon, and I believe there may be better places to park y...
iQoncept/iStock via Getty Images It’s been over three years since the last time I covered OTC Markets Group Inc. ( OTCM ). Since then, the company has been growing at a decent pace; however, investors didn’t care much for it as its share price has gone nowhere compared to the S&P 500 ( SPY ). Unfortunately, I don’t see this changing any time soon, and I believe there may be better places to park your money for now. Everyone is chasing the AI high, and OTCM is not one to offer such growth. Seeking Alpha The most recent results Looking at the revenue numbers for Q1 , we can see that revenues are up 14% y/y to 33.84m, which beat estimates by close to $1m. We can also see the revenue breakdown in more detail to see which segment drove most of the growth. OTC Link came in at $8.6m, up 31% y/y. Market data licensing grew only 2% to $13m, while Corporate services increased 19% to $13.2m. So, we can see that OTC Link and Corporate Services provided the same dollar value improvement, while OTC Link grew the most in terms of percentages. Seeking Alpha “MOON ATS had a substantial increase in trading volume in NMS securities, supported by a growing base of dedicated subscribers,” as per CEO Cromwell Coulson. MOON ATS increased 52%, while usage-based revenue helped OTC Link, which grew 11%. Going over to the company’s efficiency and profitability, Q1 non-GAAP EPS came in at $0.93, which beat estimates by a whopping 32 cents. That was a massive beat and completely surprised analysts. On a GAAP basis, EPS grew 18% to $0.59, which is also respectable growth. Operating profit margin improved 80bps to 25.5%. Adjusted EBITDA increased 14% to $11.2m, which translates into an adjusted EBITDA margin of 32.1%. Primary drivers of operational improvements were the top-line performance, because revenues increased 14%, while operating expenses increased 10%, so we can see operating leverage in action. Let’s take a look at the company’s financial position . In the latest quarter, the company h...
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, May 4, 2026. Michael Nagle | Bloomberg | Getty Images U.S. stock futures were little changed on Thursday night after the Dow Jones Industrial Average reclaimed the 50,000 threshold, and the S&P 500 closed above 7,500 for the first time. Investors are also keeping an eye on the ongoing summit between the U.S...
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, May 4, 2026. Michael Nagle | Bloomberg | Getty Images U.S. stock futures were little changed on Thursday night after the Dow Jones Industrial Average reclaimed the 50,000 threshold, and the S&P 500 closed above 7,500 for the first time. Investors are also keeping an eye on the ongoing summit between the U.S. and China. Dow futures fell by 11 points, or 0.02%. S&P 500 futures dipped 0.03%, and Nasdaq 100 futures rose 0.01%. Applied Materials shares climbed about 2% in extended trading after the semiconductor equipment supplier reported fiscal second quarter results that beat expectations on the top and bottom lines. Cerebras shares rose 4%, extending gains after the artificial intelligence chipmaker's public markets debut. SpaceX is planning to disclose its prospectus as soon as next week , after confidentially filing for an IPO in April, CNBC has learned. Wall Street is coming off yet another positive session, with both the S&P 500 and Nasdaq Composite closing at record highs. The S&P 500 gained 0.8%, while the Nasdaq climbed 0.9%. The 30-stock Dow closed up 370 points, or 0.8%. Stocks have been on a record-breaking tear on a renewed fervor around artificial intelligence. However, a peek under the hood is showing that the overall market is lagging the largest tech companies, a divergence that is increasingly worrying some investors as it suggests a fragile rally. "That broadening trade has really fizzled out," Keith Lerner, investment chief at Truist Advisory Services told CNBC's " Closing Bell: Overtime " on Thursday. "We are seeing some of that, kind of, more subdued action in the economy reflected in areas of the market. But ... it's top heavy with tech, and that's why the broad-based indices are doing fine." Investors will continue to watch what comes out of the U.S.-China summit, which concludes Friday after the two countries go over their policies on trade, tariffs and ...
Phoenix, May 14, 2026 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) will release earnings for the fourth quarter and fiscal year ended March 28, 2026 on Thursday, May 21, 2026 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, May 22, 2026 at 1:00 p.m. Eastern Time.
Phoenix, May 14, 2026 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) will release earnings for the fourth quarter and fiscal year ended March 28, 2026 on Thursday, May 21, 2026 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, May 22, 2026 at 1:00 p.m. Eastern Time.
Micron Technology (MU) is back in focus after reporting record results, along with news that its entire 2026 high bandwidth memory output is contracted to major tech platforms. This underscores AI driven demand and tight DRAM and NAND supply. See our latest analysis for Micron Technology. That AI driven story is showing up clearly in the share price, with Micron’s 30 day share price return of 66.6...
Micron Technology (MU) is back in focus after reporting record results, along with news that its entire 2026 high bandwidth memory output is contracted to major tech platforms. This underscores AI driven demand and tight DRAM and NAND supply. See our latest analysis for Micron Technology. That AI driven story is showing up clearly in the share price, with Micron’s 30 day share price return of 66.65% and year to date share price return of 146.02% sitting against a very large 1 year total...
BAE Systems Land and Armaments, a unit of BAE Systems ( BAESY ), won a $535.6M fixed-price-incentive contract for production of defense systems. The contract covers self-propelled howitzer systems, military vehicles, and total package fielding kits for the U.S. Army. The work locations and funding will be finalized under each order, based on requirements. The project is being managed by the Army C...
BAE Systems Land and Armaments, a unit of BAE Systems ( BAESY ), won a $535.6M fixed-price-incentive contract for production of defense systems. The contract covers self-propelled howitzer systems, military vehicles, and total package fielding kits for the U.S. Army. The work locations and funding will be finalized under each order, based on requirements. The project is being managed by the Army Contracting Command, with an estimated completion date of Dec. 31, 2029. More on BAE Systems plc BAE Systems: Europe's Defense Boom Still Isn't Fully Priced In BAE Systems: Dangerous Valuation In 2026E, Despite Geopolitical Implications BAE Systems plc (BAESY) Q4 2025 Earnings Call Transcript BAE Systems sees steady growth as global tensions drive defense demand Zelenskiy calls for European missile shield as Ukraine seeks faster air defense options
A jury will soon cast a vote and a judge will ultimately decide the outcome of a high-stakes showdown between Elon Musk and Sam Altman over OpenAI , the artificial intelligence startup they founded together more than a decade ago. Lawyers made final arguments Thursday in federal court in Oakland, California, following about two weeks of testimony from the dueling entrepreneurs and other key player...
A jury will soon cast a vote and a judge will ultimately decide the outcome of a high-stakes showdown between Elon Musk and Sam Altman over OpenAI , the artificial intelligence startup they founded together more than a decade ago. Lawyers made final arguments Thursday in federal court in Oakland, California, following about two weeks of testimony from the dueling entrepreneurs and other key players in OpenAI’s tumultuous history. Besides offering an in-depth look at h ow the company evolved from a scrappy startup to one of the world’s most powerful and valuable AI companies, the trial laid out the dramatic twists and turns in Musk’s falling out with his fellow co-founders. Read More: As Musk v. Altman Trial Closes, Spectacle and Personalities Rule Musk claims Altman, the startup’s chief executive officer, and OpenAI President Greg Brockman “stole a charity” by exploiting his early support for an altruistic research project so that they could later get rich by turning the company into a profit-driven enterprise with billions of dollars in backing from Microsoft Corp. OpenAI, Altman, Brockman and Microsoft have all denied the allegations, saying Musk’s real motive in suing them two years ago was to gain a competitive advantage for his own startup, xAI , that he launched in 2023. They contend the world’s richest person waited too long to file his suit and that his claims should be rejected because he has engaged in the same conduct he is criticizing. Jurors are set to start deliberations on Monday, but the panel’s findings won’t be binding on US District Judge Yvonne Gonzalez Rogers . She will ultimately decide whether Musk’s claims are supported by evidence, and if so, what remedies are appropriate. Altman Versus Musk: How the Biggest Feud In Tech Landed in Court Musk is seeking as much as $134 billion in damages — to be awarded to OpenAI’s nonprofit arm instead of to himself — as well as the removal of Altman and Brockman from their posts and an order unwinding OpenA...
Nvidia CEO Jensen Huang was added at the last minute to President Trump's high-level delegation to Beijing. The U.S. government approved Nvidia's H200 AI chip sales to major Chinese tech firms, while actual deliveries remain on hold due to Beijing restrictions. The moves come against ongoing U.S. China tensions over AI technology and export controls. Nvidia (NasdaqGS:NVDA) sits at the center of th...
Nvidia CEO Jensen Huang was added at the last minute to President Trump's high-level delegation to Beijing. The U.S. government approved Nvidia's H200 AI chip sales to major Chinese tech firms, while actual deliveries remain on hold due to Beijing restrictions. The moves come against ongoing U.S. China tensions over AI technology and export controls. Nvidia (NasdaqGS:NVDA) sits at the center of this latest round of AI hardware diplomacy, with its H200 chips now cleared by the U.S. side for...
Fermi (NASDAQ:FRMI), a developer of private AI power campuses, closed Thursday at $7.37, up 22.83%. Shares jumped after Fermi 2.0 disclosures, and a Project Matador update led to a sharp rally. Investors are watching for a binding tenant agreement and progress on governance chang
Fermi (NASDAQ:FRMI), a developer of private AI power campuses, closed Thursday at $7.37, up 22.83%. Shares jumped after Fermi 2.0 disclosures, and a Project Matador update led to a sharp rally. Investors are watching for a binding tenant agreement and progress on governance chang
Earnings Call Insights: INNOVATE Corp. (VATE) Q1 2026 Management View "For the first quarter, INNOVATE delivered consolidated revenues of $364.8 million and adjusted EBITDA of $19.7 million," said (Interim Chief Executive Officer Paul Voigt), adding that "Infrastructure exited the quarter with strong momentum and a healthy backlog," that "life science, advanced key regulatory and commercial milest...
Earnings Call Insights: INNOVATE Corp. (VATE) Q1 2026 Management View "For the first quarter, INNOVATE delivered consolidated revenues of $364.8 million and adjusted EBITDA of $19.7 million," said (Interim Chief Executive Officer Paul Voigt), adding that "Infrastructure exited the quarter with strong momentum and a healthy backlog," that "life science, advanced key regulatory and commercial milestones," and that "at Spectrum, we continue to make progress on strategic initiatives that position the business for improved performance ahead." "DBM Global achieved the first quarter revenue of $357.9 million and adjusted EBITDA of $23 million," said (Interim Chief Executive Officer Voigt), while noting that "DBM has seen gross margin compression year-over-year of approximately 140 basis points to 14.2%" and that "maintaining our adjusted backlog of $1.8 billion" supported confidence as "DBM exited the quarter with clear momentum" and "early success in building backlog for 2027." On Life Sciences, (Interim Chief Executive Officer Voigt) said, "MediBeacon continues to make meaningful progress across regulatory, clinical and commercial fronts," including "MediBeacon received the CE mark for the TGFR monitor and TGFR reusable sensor" and multiple IDE approvals; he also stated, "R2 reported worldwide revenue of $1.6 million, while total demand reached $2.2 million," and "R2 continues to execute its strategy, the business is looking to raise external capital to continue its progress through the year." On Spectrum, (Interim Chief Executive Officer Voigt) said, "First quarter revenues was $5.3 million and adjusted EBITDA was $700,000," while "Spectrum continued to experience softness in advertising demand and network cancellations"; he highlighted regulatory-driven expansion actions, including "we filed applications for more than 60 new licenses" and "relocating more than 25 Class A licenses from smaller markets," plus, "Our collaborative project with a mobile wireless carrier con...
Earnings Call Insights: Valion Bio (VBIO) Q1 2026 Management View “This is the first quarterly call I'm privileged to address you under our new identity, Valion Bio. Effective April 28, we completed our transition from Tivic Health Systems to Valion Bio, with our common stock now trading on the NASDAQ Capital Market under the ticker symbol VBIO.” (CEO & Director Michael Handley) “On March 26, we s...
Earnings Call Insights: Valion Bio (VBIO) Q1 2026 Management View “This is the first quarterly call I'm privileged to address you under our new identity, Valion Bio. Effective April 28, we completed our transition from Tivic Health Systems to Valion Bio, with our common stock now trading on the NASDAQ Capital Market under the ticker symbol VBIO.” (CEO & Director Michael Handley) “On March 26, we secured and signed a nonclinical evaluation agreement with the National Institutes of Allergy and Infectious Diseases, or NIAID. This targets gastrointestinal acute radiation syndrome.” (CEO & Director Handley) “On May 5… we announced the receipt of the first FDA precedent gastrointestinal study protocol from NIAID for Entolimod. Under this protocol, NIAID will fully fund the BLA-enabling in vivo programs and will support the FDA submission process with us.” (CEO & Director Handley) “In the second half of 2026, we expect to initiate physician-sponsored studies for neutropenia, our oncology supportive care indication. Six institutional sites have shown interest in our program.” (CEO & Director Handley) “On May 6, we celebrated the formal grand opening of our facility in San Antonio, Texas.” (CEO & Director Handley) “Total operating expenses for the first quarter of 2026 were $5.6 million compared with $1.4 million in the first quarter of 2025.” (CFO and Principal Financial & Principal Accounting Officer Lisa Wolf) Outlook “Our priorities for the balance of the 2026 year are clear… in the second half, we expect to initiate physician-sponsored studies in neutropenia.” (CEO & Director Handley) “In the third quarter, we will initiate Entolimod GMP manufacturing validation… We're targeting completion of the Entolimod GMP manufacturing validation by the end of 2026 at Velocity Bioworks.” (CEO & Director Handley) “In our fourth quarter, Entolasta manufacturing and Entolimod pre-BLA meetings will occur… request an Entolimod pre-BLA meeting with the FDA.” (CEO & Director Handley) “Thr...
Memory Wipe: The Great TurboQuant MiscalculationApplied Materials (NASDAQ:AMAT) reported record fiscal second-quarter revenue and earnings, with executives saying accelerating demand for artificial intelligence infrastructure is reshaping semiconductor equipment spending toward a
Memory Wipe: The Great TurboQuant MiscalculationApplied Materials (NASDAQ:AMAT) reported record fiscal second-quarter revenue and earnings, with executives saying accelerating demand for artificial intelligence infrastructure is reshaping semiconductor equipment spending toward a
3 Small-Cap Stocks With Big Growth PotentialAlliance Entertainment (NASDAQ:AENT) reported higher fiscal third-quarter revenue and profit, with management saying the company is benefiting from a shift toward premium physical media, collectibles and authenticated products aimed at
3 Small-Cap Stocks With Big Growth PotentialAlliance Entertainment (NASDAQ:AENT) reported higher fiscal third-quarter revenue and profit, with management saying the company is benefiting from a shift toward premium physical media, collectibles and authenticated products aimed at
Sundry Photography Zeta Global ( ZETA ) announced on Thursday that it is joining the Open Semantic Interchange (OSI), an open-source initiative led by Snowflake ( SNOW ) aimed at building a common, vendor-neutral standard for semantic data. The goal behind OSI is to fix one major problem in the data and AI world—different companies and tools often define the same business metrics in different ways...
Sundry Photography Zeta Global ( ZETA ) announced on Thursday that it is joining the Open Semantic Interchange (OSI), an open-source initiative led by Snowflake ( SNOW ) aimed at building a common, vendor-neutral standard for semantic data. The goal behind OSI is to fix one major problem in the data and AI world—different companies and tools often define the same business metrics in different ways. Reportedly, OSI tries to solve this by creating one shared system for consistent data definitions across dashboards, analytics tools, and AI models. Following the announcement, Zeta stock rose about ~3.37% to ~$16.58 during the trading session. However, the momentum did not fully hold, and the stock slipped slightly in post-market trading. Snowflake stock , which is closely tied to the OSI initiative, also closed nearly ~1% lower at ~$150.76, reflecting a mixed broader market reaction. From a broader perspective, Zeta is still down ~18.53% YTD, while the S&P 500 ( SP500 ) is up 9.58% over the same period. Snowflake has underperformed more sharply, falling 31.27% YTD. Despite the weakness, Wall Street continues to stay constructive, assigning 'strong buy ratings' for both the stocks, showing that analysts still see long-term potential in both companies. Overall, OSI is seen as a structural step toward better data interoperability across the AI and analytics ecosystem. Zeta said participation in this initiative could help its marketing cloud platform work more smoothly with other enterprise tools, reducing integration issues. While near-term stock action remains volatile, investors are closely watching whether this kind of ecosystem collaboration can support stronger data adoption and AI-driven revenue growth over time. More on Zeta Global, Snowflake Snowflake: Sell Until Expenses Subside And Margins Advance Snowflake: AI Disruption Is An Illusion Snowflake Short-Term Squeeze Makes It A Perfect Play In AI Data Cloud Snowflake in focus as recent checks suggest rising custome...
Oil headed for a weekly gain as the crucial Strait of Hormuz remains effectively closed with efforts to end the war in limbo, prolonging disruptions that have upended global markets. West Texas Intermediate rose toward $102 a barrel, and futures are up amost 7% this week. Brent closed near $106 on Thursday. A US blockade of Iranian ports remains in place, while the vital waterway continues to be t...
Oil headed for a weekly gain as the crucial Strait of Hormuz remains effectively closed with efforts to end the war in limbo, prolonging disruptions that have upended global markets. West Texas Intermediate rose toward $102 a barrel, and futures are up amost 7% this week. Brent closed near $106 on Thursday. A US blockade of Iranian ports remains in place, while the vital waterway continues to be treacherous for mariners, with a commercial vessel taken by unauthorized personnel at the entrance to the strait and bound for Iran’s waters. President Donald Trump met with Chinese leader Xi Jinping on Thursday, where they talked about keeping Hormuz open to support energy trade, along with improving American oil flows to the Asian nation, according to a White House official. China’s official readout didn’t include energy in the list of topics they discussed, although it did say they talked about the Middle East. The war has driven global oil inventories down at a record pace, and the market will remain “ severely undersupplied ” until October, even if hostilities end next month, the International Energy Agency said this week. US data on Tuesday underscored how the conflict is reigniting inflation , heaping domestic pressure on Trump ahead of midterm elections in November. “I think the path of least resistance very near term for prices remains more to the bullish side as we continue to see crude oil and fuel inventories contract,” said Dennis Kissler , senior vice president for trading at BOK Financial Securities Inc. “Since the current agreements are far apart, escalation of tensions are more likely than not.” To get Bloomberg’s Energy Daily newsletter in your inbox, click here . WTI for June delivery was 0.7% higher at $ 101.83 a barrel at 6:07 a.m. in Singapore. Brent for July settlement closed little changed at $105.72 a barrel on Thursday.