Gold headed for a weekly decline as a war-driven surge in US inflation fuels expectations for higher interest rates. Bullion was trading around $4,660 an ounce, down more than 1% since Friday. US data released this week showed wholesale inflation accelerated to the fastest pace since 2022 in April, while the consumer price index rose the most since 2023, and Treasury 10-year yields neared the high...
Gold headed for a weekly decline as a war-driven surge in US inflation fuels expectations for higher interest rates. Bullion was trading around $4,660 an ounce, down more than 1% since Friday. US data released this week showed wholesale inflation accelerated to the fastest pace since 2022 in April, while the consumer price index rose the most since 2023, and Treasury 10-year yields neared the highest since July. That’s negative for gold, which pays no interest. The Strait of Hormuz, the vital waterway for energy flows, remains effectively closed with efforts to end the Iran war in limbo, prolonging the energy crisis and keeping inflation concerns high. The precious metal has traded in a tight range since falling sharply in the early days of the war as investors assess the inflation risks that could keep rates higher and growth concerns that could prompt monetary easing as the conflict drags on. Bullion is down more than 11% since the war started. India has further tightened rules for importing gold as it steps up efforts to defend the rupee, days after hiking import duties, weighing on demand sentiment in the world’s second biggest bullion market. Read More: India to Tighten Gold Trade Rules as Middle East War Hurts Spot gold was little changed at $4,661.98 an ounce as of 6:45 a.m. in Singapore. Silver was up 0.4% at $83.86. Platinum was stable, while palladium declined. The Bloomberg Dollar Spot Index was steady after rising 0.3% on Thursday.
Export’s performances scandalised Austria in the 1960s, but are now recognised for exposing the objectification of the female body Valie Export, the Austrian performance artist and film-maker who inverted the male gaze in ways that were provocative, shocking and often outrageously fun, has died aged 85. The artist’s own foundation announced on Thursday evening that Export died in Vienna earlier th...
Export’s performances scandalised Austria in the 1960s, but are now recognised for exposing the objectification of the female body Valie Export, the Austrian performance artist and film-maker who inverted the male gaze in ways that were provocative, shocking and often outrageously fun, has died aged 85. The artist’s own foundation announced on Thursday evening that Export died in Vienna earlier the same day, three days before her 86th birthday. Continue reading...
Ondas (NASDAQ:ONDS), which provides private wireless, drone, and automated data solutions, closed Thursday at $11.21, up 26.52%. The stock is jumping after a beat-and-raise Q1 report and a higher full-year revenue outlook. Investors are watching for defense demand, backlog conver
Ondas (NASDAQ:ONDS), which provides private wireless, drone, and automated data solutions, closed Thursday at $11.21, up 26.52%. The stock is jumping after a beat-and-raise Q1 report and a higher full-year revenue outlook. Investors are watching for defense demand, backlog conver
Earnings Call Insights: Barfresh Food Group (BRFH) Q1 2026 Management View "Q1 2026 represents a continuation of the momentum built through 2025" and "we delivered revenue of $5.6 million, which is slightly above our expectations" (Founder, Chairman, President & CEO Riccardo Delle Coste). "The outperformance was driven by stronger-than-anticipated contribution from Arps Dairy's raw and processed m...
Earnings Call Insights: Barfresh Food Group (BRFH) Q1 2026 Management View "Q1 2026 represents a continuation of the momentum built through 2025" and "we delivered revenue of $5.6 million, which is slightly above our expectations" (Founder, Chairman, President & CEO Riccardo Delle Coste). "The outperformance was driven by stronger-than-anticipated contribution from Arps Dairy's raw and processed milk business," while management emphasized it "operates at a lower margin profile than our core Barfresh products" (Founder, Chairman, President & CEO Delle Coste). "The transition into our own manufacturing infrastructure continues to advance" and "the Arps Dairy processing facility is operating and supported approximately 50% of our frozen beverage and food volume in the first quarter of 2026" (Founder, Chairman, President & CEO Delle Coste). On the larger site, "at our larger 44000-square-foot facility in Defiance, Ohio, we will continue to procure and install the proper equipment and personnel," and "we remain on track to commission the facility before the end of 2026" (Founder, Chairman, President & CEO Delle Coste). "As discussed on our last call, we closed the $7.5 million senior convertible note financing in March" and "anticipate paying down a portion of those notes via remortgaging the new facility, the larger facility in 2026" (Founder, Chairman, President & CEO Delle Coste). Management also reiterated that "the $2.4 million government grant for specialized equipment is supporting that time line" (Founder, Chairman, President & CEO Delle Coste). "The education channel remains our primary area of focus and our greatest near-term opportunity," and management highlighted "our recent award of the 7-year bid with the fifth largest school district in the United States" as "a benchmark for the pipeline of similar opportunities we are building" (Founder, Chairman, President & CEO Delle Coste). "Gross margin for the first quarter of 2026 was 18%" and "gross margins contin...
Earnings Call Insights: XBP Global Holdings (XBP) Q1 2026 Management View CEO Andrej Jonovic said XBP is “converting the workflows that defines our business process as a solution business into AI pipelines,” calling it “a deliberate shift in how mission-critical workflows are delivered,” anchored in regulated end markets including “health care, banking, financial services and the public sector.” C...
Earnings Call Insights: XBP Global Holdings (XBP) Q1 2026 Management View CEO Andrej Jonovic said XBP is “converting the workflows that defines our business process as a solution business into AI pipelines,” calling it “a deliberate shift in how mission-critical workflows are delivered,” anchored in regulated end markets including “health care, banking, financial services and the public sector.” CEO Jonovic described early AI automation performance, saying, “Today, at the inception of a deployment, we're achieving approximately 40% to 60% first pass auto resolution rate,” which “continuously improves to about 85% or more over time,” with “the remaining 15%” handled via “a highly focused human-in-the-loop function.” CEO Jonovic highlighted healthcare as the most advanced AI deployment area, stating, “We're already seeing this model work at scale in our health care business, which is effectively a $200 million-plus business for us,” and added that “we're also making significant progress forward in the public sector using the same approach.” CEO Jonovic announced a strategic review: “our Board of Directors has authorized a formal process to explore strategic alternatives,” adding, “The company will consider a variety of potential options, which could also include divestitures.” Chief Revenue Officer Mike Shufeldt said near-term revenue reflects “the tail end of our legacy restructuring,” while the company is “intentionally building a pipeline that is more durable and higher margin even if the revenue recognition cycles are longer,” and added, “Across Europe and the Americas, the public sector is becoming the backbone of our midterm growth.” CFO Dejan Avramovic reported, “For the first quarter of 2026, we had total revenue of $197.1 million,” and said profitability was supported by mix and execution, noting, “our gross margin increased by 70 basis points year-over-year to 22.9%, driven by margin expansion in our Applied Workflow Automation segment.” Outlook CFO Avramovi...
ithinksky/E+ via Getty Images Soybean futures fell sharply on the Chicago Board of Trade Thursday, after the first day of the Trump-Xi summit in China failed to bring news of any new export purchases of soybeans. U.S. Treasury Secretary Bessent said the existing purchase commitment by China means "soybeans are all taken care of," dampening optimism for a potentially higher buying target from Chi...
ithinksky/E+ via Getty Images Soybean futures fell sharply on the Chicago Board of Trade Thursday, after the first day of the Trump-Xi summit in China failed to bring news of any new export purchases of soybeans. U.S. Treasury Secretary Bessent said the existing purchase commitment by China means "soybeans are all taken care of," dampening optimism for a potentially higher buying target from China. "We have a very large purchase commitment from the Busan agreement for the next three years, so beans are really all taken care of," Bessent said in an interview with CNBC. Soybeans are the top U.S. export to China - easily the world's largest buyer - and they have played a key role in trade negotiations during the first and second Trump administrations. China has been reducing its reliance on U.S. oilseeds since Trump's first term, sourcing just 15% of its soybeans from the U.S. last year, compared to 41% in 2016. Grain traders also decided to lock in profits following the rally after Tuesday's WASDE report, as well as "improving weather forecasts for portions of the Corn Belt and broader commodity market caution," Jim Wiesemeyer of Ag Bull Trading said in a note. Also hurting soybeans, the Department of Agriculture reported U.S. export sales for the week ended May 7 totaled 102,100 metric tons in the 2025-26 marketing year, a new marketing-year low, and added 80,800 tons sold for the 2026-27 marketing year. U.S. w heat sales increased from the previous week, totaling 354,600 tons across both the 2025-26 and 2026-27 marketing years, and corn sales were 685,200 tons across both years, ~900K tons lower than the previous week. CBOT soybeans ( S_1:COM ) for July delivery slumped 2.9% to $11.93 1/2 per bushel, corn ( C_1:COM ) for July delivery declined 2.7% to $4.67 3/4 per bushel, and wheat ( W_1:COM ) for July delivery dropped 2.6% to $6.58 1/4 per bushel. ETFs: ( SOYB ), ( CORN ), ( WEAT ), ( DBA ), ( MOO ) More on U.S. grain futures Commodities: Oil Surges As P...
Meta Platforms (NASDAQ:META) is dominating headlines because Q1 looked like a blowout, with EPS of $10.44 versus $6.66 expected and revenue of $56.31 billion growing 33.1% year over year. The composition of that beat is what actually matters. That stunning beat was substantially manufactured by a one-time gift. An $8.03 billion income tax benefit tied ... Meta Is Burning Cash With Nothing to Show ...
Meta Platforms (NASDAQ:META) is dominating headlines because Q1 looked like a blowout, with EPS of $10.44 versus $6.66 expected and revenue of $56.31 billion growing 33.1% year over year. The composition of that beat is what actually matters. That stunning beat was substantially manufactured by a one-time gift. An $8.03 billion income tax benefit tied ... Meta Is Burning Cash With Nothing to Show for It. Buy This Stock Instead
jetcityimage/iStock Editorial via Getty Images Ollie's Bargain Outlet Holdings, Inc. ( OLLI ) flashes “Good Stuff Cheap” across its storefronts. It may want to consider adding “Good Stock Cheap” to that mix. At current trading prices, I am seeing value in OLLI stock and believe it is worth a second look from investors seeking positioning away from more saturated sectors of the market. In my last c...
jetcityimage/iStock Editorial via Getty Images Ollie's Bargain Outlet Holdings, Inc. ( OLLI ) flashes “Good Stuff Cheap” across its storefronts. It may want to consider adding “Good Stock Cheap” to that mix. At current trading prices, I am seeing value in OLLI stock and believe it is worth a second look from investors seeking positioning away from more saturated sectors of the market. In my last coverage on OLLI, I rated shares as a ‘hold’ and pointed to its 29x trading multiple as one factor that warranted staying on the sidelines. Since that piece, shares have declined over 30%. The broader S&P 500 ( SPY ), meanwhile, has risen about 25% in the same period. Seeking Alpha - OLLI's Stock Performance Since Last Author Update Today, shares trade at just 16.6x its forward earnings . That’s about 40% below its five-year average and also below nearby peer Five Below ( FIVE ), a name that is currently flying high at its 52-week highs and sitting on a 25x+ trading multiple. Seeking Alpha - OLLI Share Price Performance Compared To FIVE I view the outlook for OLLI as positive and believe investors could see upside ahead to the tune of at least a 20x multiple to earnings. At current pricing, that would imply an estimated value of about $90/share, or over 20% above current levels. What Is The Outlook For OLLI Stock? In my view, OLLI put out a very clear message regarding its growth potential for the next several years in its Q4 commentary. In his earnings commentary , CEO Eric van der Valk pointed to 10% unit growth, 2% comps, 40.5% gross margins, and mid-teens EPS growth, all while stepping up share repurchase, as positive marks on OLLI’s forward outlook that could be maintained ahead. I believe that’s a very positive outlook for a stock trading at just ~16.6x forward earnings compared to its historical average in the mid-20x range. Seeking Alpha - OLLI Stock Valuation Metrics In terms of the drivers, store growth remains the primary engine. After opening a record 86 stores l...
In this article CBRS CBRS Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 3:09 03:09 Cerebras has a perfectly-timed IPO, says Jim Cramer Mad Money with Jim Cramer CNBC's Jim Cramer cautioned investors against chasing shares of Cerebras Systems after its explosive market debut Thursday. "While there might be a situation in the future where I can recommend Cerebras, I just can't even...
In this article CBRS CBRS Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 3:09 03:09 Cerebras has a perfectly-timed IPO, says Jim Cramer Mad Money with Jim Cramer CNBC's Jim Cramer cautioned investors against chasing shares of Cerebras Systems after its explosive market debut Thursday. "While there might be a situation in the future where I can recommend Cerebras, I just can't even come close to justifying the valuation up here given how much it's already run right out of the gate," the " Mad Money " host said. "For now, I say keep your bat on your shoulder and hope the stock gives you a giant pullback. Because at these levels, it's too rich for me." Cerebras debuted Thursday in the largest IPO of the year. The AI chipmaker priced shares at $185 Wednesday , above its already raised range of $150 to $160, before opening at $350 Thursday . Shares ended the day at $311, putting its market capitalization at roughly $95 billion. At its peak, the stock touched $386 on Thursday. The excitement is not entirely unfounded, according to Cramer. Founded in 2015, Cerebras built what it calls "the largest commercial chip in the history of the computer industry." The processor is made from an entire silicon wafer and designed specifically for artificial intelligence workloads. In its IPO prospectus, Cerebras said its processors can be "up to 15 times faster than leading GPU-based solutions" for certain workloads and "more than 10 times faster" in some AI training applications. Cramer also pointed to Cerebras' several high-profile partnerships that could help drive future growth. Earlier this year, the company announced a $20 billion multiyear agreement with OpenAI to provide 750 megawatts of computing capacity, while Amazon Web Services recently agreed to deploy Cerebras chips alongside its own Trainium processors. Amazon and OpenAI both have warrents to purchase Cerebras stock. Revenue growth has also been strong, Cramer noted. Cerebras generated $510 million in r...
Nvidia (NVDA) has spent the last three years dominating the artificial intelligence boom, but a new innovative player entered the public markets on Thursday in Cerebras Corporation (CBRS).
Nvidia (NVDA) has spent the last three years dominating the artificial intelligence boom, but a new innovative player entered the public markets on Thursday in Cerebras Corporation (CBRS).
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are SoFI Investment strategy head Liz Thomas, Dow Chair & CEO Jim Fitterling, Meredith Whitney Advisory Group CEO Meredith Whitney, VF Corporation CEO Bracken Darrell, Morgan Stanley’s Michelle Weaver, UC San Diego’s Caroline Freu...
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are SoFI Investment strategy head Liz Thomas, Dow Chair & CEO Jim Fitterling, Meredith Whitney Advisory Group CEO Meredith Whitney, VF Corporation CEO Bracken Darrell, Morgan Stanley’s Michelle Weaver, UC San Diego’s Caroline Freund, Bain Capital Partner Angelo Rufino, Invesco President & CEO Andrew Schlossberg, Once Upon A Farm Co-Founder & CEO John Foraker (Source: Bloomberg)
Baloncici/iStock Editorial via Getty Images Thesis At first glance, GT may look like a buying opportunity at these prices, but I do not want to buy it yet. The Goodyear Tire & Rubber Company ( GT ) is trading at/near its 52-week low. The consensus price target for GT is currently greater than the current market price. Since the previous Q1 earnings report, there does not seem to be anything new wh...
Baloncici/iStock Editorial via Getty Images Thesis At first glance, GT may look like a buying opportunity at these prices, but I do not want to buy it yet. The Goodyear Tire & Rubber Company ( GT ) is trading at/near its 52-week low. The consensus price target for GT is currently greater than the current market price. Since the previous Q1 earnings report, there does not seem to be anything new which has caused investors (and me) to change their views. Cost-cutting, asset sales, a higher premium product line, and potentially a margin expansion. Not a lot of excitement here. Honestly, I am very hesitant to invest in a turnaround simply due to the fact that the stock price has fallen. I will invest in a turnaround as long as I see evidence of a company with a changing trajectory. In the case of Goodyear, I continue to see numerous areas of concern relative to operational leverage, financial leverage, and the recent quarterly earnings reports, which have shown both some positives and negatives. Therefore, I remain neutral (Hold). If you were holding this security in your portfolio following this severe decline, I would suggest not selling it now; however, the final determination to hold or sell should depend upon the investor's goals/objectives and time horizon. Agar Capital, Bloomberg Terminal Q1 2026 Goodyear’s first quarter 2026 revenue totaled $3.881 billion, down 8.7% year over year. For Q1 2026, tire units declined 11.6% year over year, from 38.5 million to 34.0 million. The company reported segment operating income of $95 million, down $100 million from $195 million in the first quarter of 2025. Company Presentation Also, the segment operating income (SOI) margin was 2.4 percent, as opposed to 4.6 percent in the first quarter of last year. Earnings per share (EPS) before taxes adjusted to $(0.39) during the current reporting period compared to ($0.04) for the prior comparable year. While a somewhat mixed bag, the report was certainly not disastrous; however, the...
Growth investing has been the top investing style for a few years now, and with the massive artificial intelligence build-out going on, I have no reason to believe that will change. If you're a growth investor looking for places to invest capital, I've got three opportunities that make a ton of sense. Nvidia (NASDAQ: NVDA) , Meta Platforms (NASDAQ: META) , and Amazon (NASDAQ: AMZN) all look compel...
Growth investing has been the top investing style for a few years now, and with the massive artificial intelligence build-out going on, I have no reason to believe that will change. If you're a growth investor looking for places to invest capital, I've got three opportunities that make a ton of sense. Nvidia (NASDAQ: NVDA) , Meta Platforms (NASDAQ: META) , and Amazon (NASDAQ: AMZN) all look compelling, and I think right now is the perfect time to scoop up shares before they head higher over the rest of 2026 and beyond. Image source: Getty Images. Continue reading