JHVEPhoto/iStock Editorial via Getty Images Akamai ( AKAM ) was upgraded to Buy from Neutral by Bank of America Securities due in part to its shift from a legacy delivery network provider to an artificial intelligence infrastructure platform. BofA also increased its price target on the stock to $175 from $130. Akamai shares climbed 6% during Wednesday morning market action. "Cloud Infrastructure S...
JHVEPhoto/iStock Editorial via Getty Images Akamai ( AKAM ) was upgraded to Buy from Neutral by Bank of America Securities due in part to its shift from a legacy delivery network provider to an artificial intelligence infrastructure platform. BofA also increased its price target on the stock to $175 from $130. Akamai shares climbed 6% during Wednesday morning market action. "Cloud Infrastructure Services is inflecting, growing 40% YoY, with momentum supported by AI workloads and edge inference use cases," said BofA analysts Tal Liani and Trevor Dodds in a Wednesday investor note. "Management is winning on latency and distributed architecture versus centralized cloud peers. We expect the new deal to add $20–25 million per quarter starting in 4Q, creating more recurring, capacity-based revenue." The 40% growth in CIS more than offsets the 7% decline in delivery services. Security services also increased by 11% in the company's latest earnings report . "Debates center on the durability of CIS growth and competitive positioning versus hyperscalers," Liani added. "Risks include slower AI adoption, continued pricing pressure in delivery, and heavier investment dampening margins." More on Akamai Akamai Technologies Cements Itself As An AI Beneficiary Akamai Technologies, Inc. (AKAM) Q1 2026 Earnings Call Transcript Akamai Collapse: Did Anthropic Just Kill Its Prospects? I Think Not Akamai surges as analysts praise 'landmark' cloud AI infrastructure deal 19 of 20 S&P 500 tech companies beat EPS estimates: Earnings scorecard
imaginima/E+ via Getty Images Commercial crude stocks (excluding those in the Strategic Petroleum Reserve) for the week ended May 8: 452.9 M barrels . Crude inventory change: -4.3M barrels vs. -2.3M barrels for the week ended May 1. Consensus estimate: -2.000M. Gasoline inventory change: -4.1M barrels vs. -2.5M barrels for the week ended May 1. Distillates inventory change: +0.2M barrels vs. -1.3M...
imaginima/E+ via Getty Images Commercial crude stocks (excluding those in the Strategic Petroleum Reserve) for the week ended May 8: 452.9 M barrels . Crude inventory change: -4.3M barrels vs. -2.3M barrels for the week ended May 1. Consensus estimate: -2.000M. Gasoline inventory change: -4.1M barrels vs. -2.5M barrels for the week ended May 1. Distillates inventory change: +0.2M barrels vs. -1.3M barrels for the week ended May 1. Strategic Petroleum Reserve: 384.1M barrels , down -8.6M barrels from 392.7M barrels in the prior week. Oil inventories are falling around the world at a record pace and will continue to drop for months as the disruption to Middle East supplies from the Iran war intensifies, according to the International Energy Agency's latest monthly report. Global observed oil inventories declined at a rate of about 4M barrels a day in March and April, the report said. Crude oil futures ( CL1:COM ) +1.27 % to $103.47/barrel. ETFs: ( USO ), ( BNO ), ( UCO ), ( SCO ), ( USL ), ( DBO ), ( DRIP ), ( GUSH ), ( USOI ), ( XLE ). More on Crude Oil Futures Silver To Oil Ratio Completely Out Of Whack: Trading Angles WTI Crude Is Poised For A Potential Volatility Bullish Breakout Above $102.54/Bbl Upside Chasing In Tech Stocks Surges To Covid Extremes Global oil inventories seen declining faster than expected as Iran war continues - EIA U.S. crude stockpiles fell 2.2M barrels last week, API says
Crude oil is back in the headlines for the same reason it usually is: geopolitics. West Texas Intermediate prices are volatile on Iran-related risk premiums, creating opportunities. For retail investors, small-cap exploration and production names trading under $10 offer some of the most direct operating leverage to that move, without paying mega-cap multiples. With that ... One Yields 8.8%. One Is...
Crude oil is back in the headlines for the same reason it usually is: geopolitics. West Texas Intermediate prices are volatile on Iran-related risk premiums, creating opportunities. For retail investors, small-cap exploration and production names trading under $10 offer some of the most direct operating leverage to that move, without paying mega-cap multiples. With that ... One Yields 8.8%. One Is Up 83% in a Year. One Could Be Sold to a Bigger Rival. All Three Are Under $10
Getty Images Last month, we argued that the time had come to dump shares of Tesla, Inc. ( TSLA ). Although the stock has appreciated since that article came out, thanks to the release of a fairly decent earnings report for Q1 , we still believe that the further upside is limited while the downside to the company’s shares remains significant. The fact that Tesla is about to experience a major bump ...
Getty Images Last month, we argued that the time had come to dump shares of Tesla, Inc. ( TSLA ). Although the stock has appreciated since that article came out, thanks to the release of a fairly decent earnings report for Q1 , we still believe that the further upside is limited while the downside to the company’s shares remains significant. The fact that Tesla is about to experience a major bump in capital expenditures and is now expected to become free cash flow negative is a red flag for us. Also, the Q1 report indicated that Tesla has benefited from some currency FX tailwinds and automotive one-time benefits that might not be present in the upcoming earnings reports later this year. As such, there’s a decent chance that the upcoming earnings reports won’t be as successful as the one we saw last month. This is why we are maintaining our Sell rating on Tesla and don’t think that it’s worth buying the company’s shares right now. Tesla’s Core Business Faces Major Issues The Q1 report was fairly decent, considering that the revenues exceeded expectations. However, after going through the full report , it seems that the results were not as great as the headline numbers show. Yes, the revenues increased by 15.8% Y/Y to $22.39 billion and beat the expectations by $190 million. However, the company would’ve missed the expectations if it was not for the $900 million positive FX impact that Tesla experienced during the quarter. The 21.1% headline GAAP gross margin also looks impressive as it was up 478 bps Y/Y. However, Tesla also pointed out that it had received automotive one-time benefits related to warranty and tariffs. This shows that some positive developments that occurred in Q1 were thanks to the non-recurrent things that might not materialize in the following quarters. If that’s the case, then it will become harder for Tesla to exceed expectations in the future. In addition, the operating margin actually compressed Q/Q in Q1 to 4.2%, down from 5.7% in Q4. This is ...
rarrarorro/iStock via Getty Images Introduction In an update earlier this year, I mentioned ACNB Corp. ( ACNB ), the Pennsylvania-based bank, was hit by nonrecurring items . The bank has now reported on its financial performance in the first quarter of 2026, and I'm glad to see a substantially stronger financial performance. ACNB Investor Relations The loan book remains in a very strong position, ...
rarrarorro/iStock via Getty Images Introduction In an update earlier this year, I mentioned ACNB Corp. ( ACNB ), the Pennsylvania-based bank, was hit by nonrecurring items . The bank has now reported on its financial performance in the first quarter of 2026, and I'm glad to see a substantially stronger financial performance. ACNB Investor Relations The loan book remains in a very strong position, as the bank was actually able to revert some of its previously recorded provisions. And the majority of the loans that are classified as "past due" are backed by (residential) real estate, which usually indicates losses on these soured loans should be manageable as there is collateral that could be monetized. Data by YCharts The Q1 results: A robust set In the first quarter of 2026, ACNB reported total interest and dividend income of approximately $42.2M. That's approximately one-sixth higher than the same quarter one year ago. At the same time, the total amount of interest expenses increased by just over 5%, and this, of course, provided a very major boost to the net interest income, which jumped by approximately 15% to $32.5M . ACNB Investor Relations It goes without saying that a robust net interest income is important for the company, as it needs to cover the net non-interest expenses as well, and those came in at just over $15M. That's a very nice decrease compared to the first quarter of last year, but keep in mind the same period last year included some non-recurring items related to the merger with Traditions Bancorp . One key element to highlight here in the income statement is, of course, the reversal of loan loss provisions. Whereas most banks see a small uptick in their provisions compared to last year, ACNB is able to do the opposite. This resulted in a pre-tax income of approximately $17.3M. The bottom line result was a very strong $13.7M in net income, which translated into an EPS of $1.32. The quarterly dividend was now increased to $0.42 per share , which m...
Getty Images Last month, we argued that the time had come to dump shares of Tesla, Inc. ( TSLA ). Although the stock has appreciated since that article came out, thanks to the release of a fairly decent earnings report for Q1 , we still believe that the further upside is limited while the downside to the company’s shares remains significant. The fact that Tesla is about to experience a major bump ...
Getty Images Last month, we argued that the time had come to dump shares of Tesla, Inc. ( TSLA ). Although the stock has appreciated since that article came out, thanks to the release of a fairly decent earnings report for Q1 , we still believe that the further upside is limited while the downside to the company’s shares remains significant. The fact that Tesla is about to experience a major bump in capital expenditures and is now expected to become free cash flow negative is a red flag for us. Also, the Q1 report indicated that Tesla has benefited from some currency FX tailwinds and automotive one-time benefits that might not be present in the upcoming earnings reports later this year. As such, there’s a decent chance that the upcoming earnings reports won’t be as successful as the one we saw last month. This is why we are maintaining our Sell rating on Tesla and don’t think that it’s worth buying the company’s shares right now. Tesla’s Core Business Faces Major Issues The Q1 report was fairly decent, considering that the revenues exceeded expectations. However, after going through the full report , it seems that the results were not as great as the headline numbers show. Yes, the revenues increased by 15.8% Y/Y to $22.39 billion and beat the expectations by $190 million. However, the company would’ve missed the expectations if it was not for the $900 million positive FX impact that Tesla experienced during the quarter. The 21.1% headline GAAP gross margin also looks impressive as it was up 478 bps Y/Y. However, Tesla also pointed out that it had received automotive one-time benefits related to warranty and tariffs. This shows that some positive developments that occurred in Q1 were thanks to the non-recurrent things that might not materialize in the following quarters. If that’s the case, then it will become harder for Tesla to exceed expectations in the future. In addition, the operating margin actually compressed Q/Q in Q1 to 4.2%, down from 5.7% in Q4. This is ...
SEATTLE, May 13, 2026 (GLOBE NEWSWIRE) -- Envorso, a technology consulting firm serving leading tech, automotive, and mobility companies such as Nvidia, Qualcomm, Bosch, Stellantis, Microsoft, and Rivian, today named Stuart Taylor as Chief Executive Officer. In this role, Taylor will have full responsibility for the company’s strategic direction, operations, and financial performance. He was previ...
SEATTLE, May 13, 2026 (GLOBE NEWSWIRE) -- Envorso, a technology consulting firm serving leading tech, automotive, and mobility companies such as Nvidia, Qualcomm, Bosch, Stellantis, Microsoft, and Rivian, today named Stuart Taylor as Chief Executive Officer. In this role, Taylor will have full responsibility for the company’s strategic direction, operations, and financial performance. He was previously the company’s Chief Product Officer. "Stuart combines deep technical expertise with hands-on f
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Meta Platforms (NASDAQ: META) are two of the most prominent advertising businesses on the planet. Alphabet gets its ad revenue from the Google Search engine, while Meta gets it from its various social media platforms, including Facebook, Instagram, and Threads. Advertising can be a lucrative business on its own. Still, both companies are also heavily inv...
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Meta Platforms (NASDAQ: META) are two of the most prominent advertising businesses on the planet. Alphabet gets its ad revenue from the Google Search engine, while Meta gets it from its various social media platforms, including Facebook, Instagram, and Threads. Advertising can be a lucrative business on its own. Still, both companies are also heavily investing in artificial intelligence , for what it could do for advertising, but also for other products to diversify their core businesses. But of these two, which stock is the better buy right now? Let's take a look. Image source: Getty Images. Continue reading
Cerebras Systems is set to be the largest IPO of 2026 so far, with the AI chipmaker on track to raise up to $4.8 billion at a $48.8 billion valuation after its order book closed roughly 20 times oversubscribed. The Sunnyvale company lifted its price range to $150 to $160 per share from $115 to $125 and bumped the offering to 30 million shares. At the high end, the deal would be the largest US list...
Cerebras Systems is set to be the largest IPO of 2026 so far, with the AI chipmaker on track to raise up to $4.8 billion at a $48.8 billion valuation after its order book closed roughly 20 times oversubscribed. The Sunnyvale company lifted its price range to $150 to $160 per share from $115 to $125 and bumped the offering to 30 million shares. At the high end, the deal would be the largest US listing in nearly five years. Cerebras designs specialized AI chips built around its Wafer Scale Engine,
Nebius Group N.V. (NASDAQ:NBIS) was among Jim Cramer’s stock calls on Mad Money as he discussed how semiconductor and AI infrastructure stocks are driving the market higher. Cramer highlighted NVIDIA’s investment in the stock, as he remarked: Wednesday, we hear from a company called Nebius, and that’s a company that NVIDIA poured $2 billion into […]
Nebius Group N.V. (NASDAQ:NBIS) was among Jim Cramer’s stock calls on Mad Money as he discussed how semiconductor and AI infrastructure stocks are driving the market higher. Cramer highlighted NVIDIA’s investment in the stock, as he remarked: Wednesday, we hear from a company called Nebius, and that’s a company that NVIDIA poured $2 billion into […]
Alex Murdaugh — the disgraced former lawyer serving a life term for the murders of his wife and son — will get a new trial in South Carolina, the state Supreme Court said on Wednesday. (Image credit: Gavin McIntyre)
Alex Murdaugh — the disgraced former lawyer serving a life term for the murders of his wife and son — will get a new trial in South Carolina, the state Supreme Court said on Wednesday. (Image credit: Gavin McIntyre)
Roman Novitskii/iStock via Getty Images Mosaic ( MOS ) shares climbed as much as 5.2% Wednesday morning after RBC Capital Markets upgraded the fertilizer producer to Outperform from a previous investment rating of Sector Perform. Analysts at the firm said Mosaic’s ( MOS ) current margin squeeze is unlikely to stick around. The move comes at an awkward moment for the stock, which has fallen about 3...
Roman Novitskii/iStock via Getty Images Mosaic ( MOS ) shares climbed as much as 5.2% Wednesday morning after RBC Capital Markets upgraded the fertilizer producer to Outperform from a previous investment rating of Sector Perform. Analysts at the firm said Mosaic’s ( MOS ) current margin squeeze is unlikely to stick around. The move comes at an awkward moment for the stock, which has fallen about 31% over the past 12 months and recently touched a 52-week low of $21.17 before trading near $22.39. Phosphate margins under pressure but not forever RBC analyst Andrew Wong says the current collapse in phosphate margins is less a structural problem and more a geopolitical headache tied to the Strait of Hormuz closure and tight sulphur supply. Phosphate prices are hovering near record highs, yet margins are near record lows because input costs, particularly sulphur, have surged. That imbalance, Wong argues, simply does not hold. “Current depressed phosphate margins…are unsustainable,” Wong wrote in a May 13 report, pointing to two potential outcomes. Either supply chains normalize and input costs fall, or fertilizer demand tightens crop yields, pushing agricultural prices higher and supporting phosphate pricing. In either case, RBC expects a recovery, even if the timing remains uncertain. Operations improving but still constrained Mosaic ( MOS ) is showing signs of operational progress, particularly with stronger output at several phosphate facilities and the completion of a major turnaround at another site. Still, high sulphur costs have forced production curtailments, delaying a full return to normal operating levels. The company is effectively waiting for input costs to ease before ramping back up. That creates an unusual setup where expectations are low, which RBC sees as an opportunity. The firm expects production to improve in 2027, with the potential for upside surprises as operations normalize from a depressed base. Cash flow recovery could follow Even with near-term...
As equity markets continue their climb on a narrow and crowded trade with relatively thin volume, it is starting to look more fragile than just a few weeks ago. The CPI shock on Tuesday made that clear: headline inflation accelerated to +0.6% month over month and +3.8% year over year, the hottest annual pace since May 2023, while core CPI re-accelerated and the 10-year yield jumped toward a one-ye...
As equity markets continue their climb on a narrow and crowded trade with relatively thin volume, it is starting to look more fragile than just a few weeks ago. The CPI shock on Tuesday made that clear: headline inflation accelerated to +0.6% month over month and +3.8% year over year, the hottest annual pace since May 2023, while core CPI re-accelerated and the 10-year yield jumped toward a one-year high. Even though the major indices recovered mostly by the close, the intraday damage in semis, small caps, and long-duration growth stocks was a reminder of how quickly a narrow, crowded market can unwind when investors head for the exit. That is why a hedge here makes sense while markets sit near highs, VIX remains compressed near the high teens, and investors are still leaning heavily into a handful of leadership names as the macro backdrop deteriorates. Oil remains elevated, the Strait of Hormuz is still functionally closed, June rate-cut odds have collapsed to near zero, and the probability of a hike before 2028 has risen materially. In other words, the market is expensive, overbought and increasingly dependent on perfect outcomes at a time when the macro tape is becoming less forgiving. Trade timing & outlook Overbought setup: The index is stretched after a sharp rally off the April lows, with momentum still positive but increasingly extended. Fragile leadership: The intraday sell-off in semis and small caps showed how narrow the leadership has become and how quickly it can reverse. Downside risk: If inflation remains sticky o yields push higher from here, SPY looks vulnerable to a move back toward the $705 area, which is the downside target for this hedge. From a technical standpoint, this is not yet a confirmed top, but it is an environment where buyer exhaustion is becoming easier to imagine than another clean leg higher. Macro thesis Disinflation trade is breaking down Tuesday's CPI report showed that the inflation shock is no longer just about energy. Shelter...
People are reflected at the Capital One building on April 20, 2026 in New York City. Zamek | View Press | Corbis News | Getty Images Capital One filed a lawsuit Tuesday against operators of alleged "scam campaigns," accusing them of something unexpected: trademark infringement. The suit, filed in the U.S. District Court for the Eastern District of Virginia, lists 10 "persons and/or entities of unk...
People are reflected at the Capital One building on April 20, 2026 in New York City. Zamek | View Press | Corbis News | Getty Images Capital One filed a lawsuit Tuesday against operators of alleged "scam campaigns," accusing them of something unexpected: trademark infringement. The suit, filed in the U.S. District Court for the Eastern District of Virginia, lists 10 "persons and/or entities of unknown identity" as defendants. Those John Does operate large-scale robocall and telemarketing campaigns that misuse trademarks for Capital One or its subsidiary Discover, according to the lawsuit. The complaint alleges that the defendants use automated or prerecorded calls posing as representatives for the bank, and follow familiar scripts that warn of suspicious charges and ask the recipient to confirm the transaction or their identity. "Using these illegal communications referencing the CAPITAL ONE and DISCOVER trademarks, Defendants misled and/or deceived consumers, and targeted consumers across the country," according to the lawsuit. Read more CNBC personal finance coverage Social Security 'break-even' claims get social media buzz — experts urge caution Here's the inflation breakdown for April 2026 — in one chart Trump said $465,000 in retirement savings is 'rich.' Is it? New college grads overestimate starting salaries by nearly $24,000, report finds CNBC's Financial Advisor 100: Best financial advisors, top firms ranked Capital One told CNBC that it is using trademark and false advertising law to make its case because the legal process of discovery gives the bank the opportunity to get more information that can help it trace the scammers. "This litigation is an opportunity to try and go play a bit of offense," said Chad Miller, vice president of fraud strategy and analysis at Capital One. New technology has made it easier for companies to see how many scammers are trying to call their customers, he said, versus how much outreach they do on their own. The lawsuit comes ...