The Bank of Canada struck an optimistic tone on the economic impact of artificial intelligence, arguing that widespread adoption of the technology will boost the country’s ailing productivity without significant job losses. In her first speech as external deputy governor, Michelle Alexopoulos extolled AI for its potential to increase output per hour worked, adding that it could also improve busine...
The Bank of Canada struck an optimistic tone on the economic impact of artificial intelligence, arguing that widespread adoption of the technology will boost the country’s ailing productivity without significant job losses. In her first speech as external deputy governor, Michelle Alexopoulos extolled AI for its potential to increase output per hour worked, adding that it could also improve business competitiveness, boost wages for workers and create cost savings for consumers. The productivity gains from AI depend on whether the technology ends up being the so-called general purpose type, like computers, where use spreads throughout the entire economy and create positive spillovers and structural change. In a wide-ranging speech in Ottawa, she pointed to a bank survey in the financial sector, where many respondents said “AI use was improving productivity by automating routine tasks, allowing workers to focus on higher-value ones.” She also pointed to studies that suggest that the pace of adoption has increased since 2022, with about 12% of Canadian firms using it in 2025. She highlighted an Indeed study that gauged the time-saving benefits of AI, in which workers said the technology “improved the quality and efficiency of their work.” Alexopoulos said the bank expects some jobs to be replaced by AI, but also that “new jobs will emerge, and others will be transformed,” adding that officials are monitoring labor data for more evidence. At the same time, she acknowledged that young people, particularly those in entry-level, customer service or coding jobs, are more likely to be impacted by AI adoption. External Deputy Governor Nicolas Vincent will delve into factors that may be affecting youth unemployment, including AI, in a speech on labor markets later this month, she said. The bank has spoken bluntly about Canada’s lagging productivity, calling it an emergency in early 2024, and the comments on Wednesday suggest policymakers view AI as one potential fix. Read More...
The Good Brigade/DigitalVision via Getty Images Like so many medical device companies, shares of Insulet Corporation ( PODD ) have recently come under great pressure as well. A $350 stock as recent as September has come down to the $150 mark, a level last seen in 2019. At the start of last year I believed that Insulet was aiding patients in part with its Omnipod Insulin Management System while gui...
The Good Brigade/DigitalVision via Getty Images Like so many medical device companies, shares of Insulet Corporation ( PODD ) have recently come under great pressure as well. A $350 stock as recent as September has come down to the $150 mark, a level last seen in 2019. At the start of last year I believed that Insulet was aiding patients in part with its Omnipod Insulin Management System while guiding continued growth and operating leverage by providing key services to diabetes patients. I'm turning more upbeat about the business and willing to commit, similar to other serial growth plays picked up in greater detail at Value in Corporate Events . Starting 2026 With A Bang Insulet started the year 2026 with strong results as revenues rose by nearly 34%, which is still more than 30% in constant currency terms, as revenues were reported near $762 million. The US business reported a solid 28% increase in sales to $515 million, making up about two-thirds of total sales, with international revenues up 45% in constant currency terms to $243 million. Growth rates do not add up because of a small $3 million drug delivery business, one struggling, to be frank. Adjusted operating profits of $133 million translate to a margin equal to 17.5% of sales, up a full point compared to the year before. Non-GAAP profits were reported at $100 million, equal to $1.42 per share - this number is up 40 cents on the year before. Net debt is reported at $467 million; there's no concern with quarterly EBITDA reported at $182 million. Following the stronger quarter, the company hiked full-year sales guidance by a point to overall sales growth of 21-23%, with more than 100 basis points of margin improvements seen. This should drive more than 25% adjusted earnings growth compared to last year, as both the margin and earnings guidance are the same as before. About Growth The accelerating growth is driven by the launch of Omnipod 5 and Omnipod Discover, now available in 19 countries after the launch...
One of Wall Street's most closely watched semiconductor analysts just moved his price target ahead of an earnings report that could define how the AI chip trade is valued for the rest of the summer. The note he published does more than raise a number. It lays out a specific projection for one ...
One of Wall Street's most closely watched semiconductor analysts just moved his price target ahead of an earnings report that could define how the AI chip trade is valued for the rest of the summer. The note he published does more than raise a number. It lays out a specific projection for one ...
pjohnson1 Anheuser-Busch ( BUD ) announced a new $5M investment in its brewery in Columbus, Ohio. The beer giant said the investment will fuel production of Michelob Ultra, which is currently the nation's top-selling and fastest-growing beer, and Michelob ULTRA Zero, the top-selling and fastest-growing non-alcoholic brew. The company is also opening a new technical skills training center in Columb...
pjohnson1 Anheuser-Busch ( BUD ) announced a new $5M investment in its brewery in Columbus, Ohio. The beer giant said the investment will fuel production of Michelob Ultra, which is currently the nation's top-selling and fastest-growing beer, and Michelob ULTRA Zero, the top-selling and fastest-growing non-alcoholic brew. The company is also opening a new technical skills training center in Columbus to support the next generation of manufacturing professionals in Ohio. Anheuser-Busch ( BUD ) has operated in Columbus for more than 50 years and has invested more than $71M in the brewery over the past five years alone. While the company faces challenges in the U.S. as Generation Z drinks beer at a lower rate than prior generations, Anheuser-Busch ( BUD ) is still the beer market share leader in the U.S., with four beer brands in the top ten based on the most recent Nielsen year-to-date data. Shares of BUD are up more than 24% on a year-to-date basis. More on Anheuser-Busch InBev Anheuser-Busch InBev: Solid Quarterly Results Suggest There's Some Potential Value Here Anheuser-Busch InBev SA/NV (BUD) Q1 2026 Earnings Call Transcript Anheuser-Busch: Recent Rally Justifiable, Valuation And Growth Prospects Hinder Further Upside From Sendas to Tesco: Foreign consumer staples' strongest Quant picks, ranked AB InBev signals 4% to 8% 2026 EBITDA growth outlook as FIFA adds 20 bps to 30 bps volume tailwind
President Donald Trump has put together an exclusive group of CEOs, representing the best the U.S. has to offer, to join his key summit with China’s Xi Jinping.
President Donald Trump has put together an exclusive group of CEOs, representing the best the U.S. has to offer, to join his key summit with China’s Xi Jinping.
Underneath the world's oceans, miles and miles of fiber optic-cables send packets of information from one location to the next, powering the internet as we know it. So what happens when a major natural event — or a war — threatens this vital infrastructure? Samanth Subramanian, author of The Web Beneath the Waves: The Fragile Cables that Connect Our World, joins Tracy Alloway and Joe Weisenthal on...
Underneath the world's oceans, miles and miles of fiber optic-cables send packets of information from one location to the next, powering the internet as we know it. So what happens when a major natural event — or a war — threatens this vital infrastructure? Samanth Subramanian, author of The Web Beneath the Waves: The Fragile Cables that Connect Our World, joins Tracy Alloway and Joe Weisenthal on the Odd Lots podcast to discuss how the crisis at the Strait of Hormuz can disrupt the backbone of the internet. (Source: Bloomberg)
A major analyst just made a bold bull case for memory. Micron Technology (NASDAQ:MU) stock picked up one of the most dramatic price target hikes a large-cap semiconductor has seen this cycle, as Bank of America raised its target to $950 from $500, while maintaining a Buy rating. The catalyst: an updated calendar 2030 AI ... BofA Just Nearly Doubled Micron Price Target to $950: Memory Supercycle Ju...
A major analyst just made a bold bull case for memory. Micron Technology (NASDAQ:MU) stock picked up one of the most dramatic price target hikes a large-cap semiconductor has seen this cycle, as Bank of America raised its target to $950 from $500, while maintaining a Buy rating. The catalyst: an updated calendar 2030 AI ... BofA Just Nearly Doubled Micron Price Target to $950: Memory Supercycle Just Got Bigger
oatawa/iStock via Getty Images Hims & Hers Health ( HIMS ) is testing a far weaker technical setup after another sharp decline pushed the stock deeper into the lower end of its multiyear rally range. HIMS traded near $25 a share as of Tuesday market close, falling below the 61.8% Fibonacci retracement of its 2022-to-2025 rally, after the telehealth platform missed Street forecasts with its Q1 2026...
oatawa/iStock via Getty Images Hims & Hers Health ( HIMS ) is testing a far weaker technical setup after another sharp decline pushed the stock deeper into the lower end of its multiyear rally range. HIMS traded near $25 a share as of Tuesday market close, falling below the 61.8% Fibonacci retracement of its 2022-to-2025 rally, after the telehealth platform missed Street forecasts with its Q1 2026 financials . That level is often viewed by technical traders as a critical line separating a healthy correction from a broader trend reversal. HIMS has now retraced most of its explosive advance from below $5 in 2022 to highs above $70 reached last year. After initially losing the 23.6%, 38.2%, and 50% retracement levels, the latest decline suggested momentum continued shifting decisively lower. The next major technical zone sits near the 78.6% retracement area in the low-$20 range. Shares were down 6% more in Wednesday morning trading, changing hands at $23.51 a share. Here is the weekly chart: Seeking Alpha More on Hims & Hers Health Hims & Hers Health: The Real Story Begins Hims & Hers: I See No New Red Flags Hims & Hers Health, Inc. (HIMS) Q1 2026 Earnings Call Transcript Hims & Hers winning bullish views despite Q1 miss Hims & Hers forecasts $2.8B-$3.0B 2026 revenue as it targets 100,000+ monthly weight loss subscriber adds
Nebius Group ( NBIS ) surged nearly 18% on Wednesday following the company’s quarterly results, extending momentum in the AI infrastructure stock. NBIS closed at $179.11 on May 12 and climbed as high as $211.59 during Wednesday's session, hitting a fresh 52-week high and marking a sharp post-earnings rally. The move pushed shares further above key technical levels, including the 50-day moving aver...
Nebius Group ( NBIS ) surged nearly 18% on Wednesday following the company’s quarterly results, extending momentum in the AI infrastructure stock. NBIS closed at $179.11 on May 12 and climbed as high as $211.59 during Wednesday's session, hitting a fresh 52-week high and marking a sharp post-earnings rally. The move pushed shares further above key technical levels, including the 50-day moving average of $133.25, the 100-day moving average of $113.66, and the 200-day moving average of $103.38, signaling strong bullish momentum. The stock’s RSI stood near 61. For the period ending March 31, Nebius revenue jumped 684% year-over-year to $399M, above market expectations of $388.57M, while adjusted EBITDA improved to a profit of $129.5M from a loss of $53.7M a year earlier. In a letter to shareholders, Nebius CEO Arkady Volozh said the company is still seeing “unprecedented demand” for compute. Separately, Seeking Alpha’s Quant Rating on Nebius was upgraded to “Strong Buy” from “Hold” earlier Tuesday. More on Nebius Group Nebius, Like AI, Is Evolving Nebius: Q1 Exemplifies Solid Execution Nebius Q1 Preview: The $18B Question Biggest stock movers Wednesday: MRVL, NXT, WOLF, NBIS, and more Nebius surges as Q1 revenue surges nearly sevenfold
The semiconductor sector has entered territory the Wall Street Journal is now calling “the great chip stock melt-up of 2026.” By every objective measure of raw price performance, this rally has surpassed the 1999 dot-com bubble. The Morning Brew Daily podcast episode on Monday, May 11, laid out the bull and bear case for the ... SanDisk Up 558% This Year as Chip Stocks Outpace the 1999 Dot-Com Bub...
The semiconductor sector has entered territory the Wall Street Journal is now calling “the great chip stock melt-up of 2026.” By every objective measure of raw price performance, this rally has surpassed the 1999 dot-com bubble. The Morning Brew Daily podcast episode on Monday, May 11, laid out the bull and bear case for the ... SanDisk Up 558% This Year as Chip Stocks Outpace the 1999 Dot-Com Bubble
Lya_Cattel WW International ( WW ) jumped 11% as investor Galloway Capital disclosed an 8.42% stake in the weight-loss company. “We believe the market is dramatically undervaluing WW’s brand, clinical business, member ecosystem, and long-term strategic potential,” said Bruce Galloway, Chief Investment Officer of Galloway Capital Partners, in a statement on Wednesday. Galloway said the company has ...
Lya_Cattel WW International ( WW ) jumped 11% as investor Galloway Capital disclosed an 8.42% stake in the weight-loss company. “We believe the market is dramatically undervaluing WW’s brand, clinical business, member ecosystem, and long-term strategic potential,” said Bruce Galloway, Chief Investment Officer of Galloway Capital Partners, in a statement on Wednesday. Galloway said the company has the opportunity to recruit a “transformational” CEO with expertise in consumer health, digital wellness, and subscription-based healthcare platforms. WW last month announced it established an interim CEO office following the abrupt departure of its president and chief executive officer, Tara Comonte, barely a year after taking the helm of the diet company last year. The company, also known as WeightWatchers, said it has established an interim office of the CEO led by Chief Financial Officer Felicia DellaFortuna and Chief Operations Officer Jonathan Volkmann until the board appoints a permanent replacement for Comonte. “We believe WW is worth a multiple of its current trading value and look forward to engaging constructively with the Board and management team to help unlock shareholder value,” added Galloway. WW ( WW ) has short interest of 18.5%. More on WW International, Inc. WW International, Inc. 2026 Q1 - Results - Earnings Call Presentation WW International, Inc. (WW) Q1 2026 Earnings Call Transcript WW International Is Great For Losing Weight And Losing Money For Shareholders WW International announces interim leadership as CEO departs WW International expects $620M–$635M revenue in 2026 as Med+ clinical subscribers surge
Wholesale prices in April rose much higher than expected, fueling concerns about sticky and persistent inflation. And it wasn't just because of high gas prices stemming from the Iran war. The problems are much more pervasive. The Producer Price Index (PPI) increased 1.4% in April from the previous month on a seasonally adjusted basis. Economists had only expected the PPI to rise 0.5%. On a year-ov...
Wholesale prices in April rose much higher than expected, fueling concerns about sticky and persistent inflation. And it wasn't just because of high gas prices stemming from the Iran war. The problems are much more pervasive. The Producer Price Index (PPI) increased 1.4% in April from the previous month on a seasonally adjusted basis. Economists had only expected the PPI to rise 0.5%. On a year-over-year basis, the PPI is up a whopping 6%, the largest increase since December 2022. Core PPI, excluding more volatile food and energy prices, rose 1% during the month, well above economists' estimates of 0.4%, according to CNBC. Continue reading