In trading on Tuesday, the iShares U.S. Medical Devices ETF is outperforming other ETFs, up about 2% on the day. Components of that ETF showing particular strength include shares of Si-bone, up about 17% and shares of Alphatec Holdings, up about 10.5% on the day. And underperf
In trading on Tuesday, the iShares U.S. Medical Devices ETF is outperforming other ETFs, up about 2% on the day. Components of that ETF showing particular strength include shares of Si-bone, up about 17% and shares of Alphatec Holdings, up about 10.5% on the day. And underperf
pingingz/iStock via Getty Images Investment Thesis I was bullish on Power Solutions International, Inc. ( PSIX ) at the start of the year, stating the stock at $70 was in deep value territory after an excellent Q3 earnings report and a highly promising business roadmap update in September 2025. While I am more cautious now after a disastrous Q1 earnings report, I still think the stock is at least ...
pingingz/iStock via Getty Images Investment Thesis I was bullish on Power Solutions International, Inc. ( PSIX ) at the start of the year, stating the stock at $70 was in deep value territory after an excellent Q3 earnings report and a highly promising business roadmap update in September 2025. While I am more cautious now after a disastrous Q1 earnings report, I still think the stock is at least in “value” territory at around $40 per share today. The stock will take time to recover as its business model slowly transitions to the high-margin (but also higher-capex) business of data center engines. I wouldn’t quite yet throw the baby out with the bathwater: there are positives that make me believe, as a shareholder, that buying this crash could lead to an attractive return in the next 12 months if the business manages to return to growth. But clearly there are cracks in the business that warrant a rating downgrade to a Buy. Data by YCharts Q1 Earnings Overview First of all, I will address the elephant in the room. The stock was down -17.73%, closing at $62.45, prior to the earnings report being made public. While we could suspect a leak or an insider trading job, it’s also possible that the shareholder lawsuit from Friday (after close) caused the stock to drop on Monday, which was coincidentally prior to the earnings report. It’s possible that this stock drop could cause a new lawsuit against internal manipulation or data. While nothing can be confirmed now, that’s a risk that causes the stock to be more speculative (justifying the rating downgrade) in relation to my last coverage at the end of January. Q1 Earnings Report The hard figures from last night’s earnings report were truly disastrous. The stock that was seen as a data center/AI growth stock saw its revenue drop -5.1% year-over-year. Analysts were expecting revenue of $160.8 million, but it missed by $32.2 million (that’s a whopping 20% miss). Non-GAAP EPS stood at $0.36 and missed by $0.16, hence a disappoi...
The federal government agreed to review the environmental impact of a proposed immigrant detention facility in New Jersey and temporarily pause a lawsuit seeking to block the conversion of an industrial warehouse. Lawyers for the US and New Jersey reached an accord Tuesday ahead of a hearing on the state’s request to block the proposed Immigration and Customs Enforcement facility. New Jersey and R...
The federal government agreed to review the environmental impact of a proposed immigrant detention facility in New Jersey and temporarily pause a lawsuit seeking to block the conversion of an industrial warehouse. Lawyers for the US and New Jersey reached an accord Tuesday ahead of a hearing on the state’s request to block the proposed Immigration and Customs Enforcement facility. New Jersey and Roxbury Township claim the project to house 1,500 migrants would overwhelm the local water and sewage systems. The US will conduct an assessment under the National Environmental Policy Act before issuing a “decision document” on whether to retrofit the warehouse, according to a court filing. After that, both sides will advise US District Judge Jamel Semper in Newark on how they may proceed with the lawsuit. For now, the US will go ahead with fencing, security cameras, and other maintenance. New Jersey’s case is one of several involving local officials seeking to slow President Donald Trump ’s plan to house tens of thousands of migrants in converted industrial facilities. A federal judge in Maryland halted a similar warehouse conversion in Maryland, and Michigan’s attorney general has sued to block an ICE facility. The administration’s plan for New Jersey sparked intense opposition in Roxbury, a suburban township about 40 miles (64 kilometers) west of New York City, and drew opposition from Governor Mikie Sherrill , a Democrat. They argued that the process violated NEPA, which requires federal agencies to cooperate with state and local governments to mitigate harm to the environment, and to prepare an environmental impact statement. The facility “will harm the community and won’t do anything to make us safer,” New Jersey officials, including Sherrill, said in a statement. “If DHS conducts a proper analysis, it will discover that this industrial warehouse is no place for a detention center. If DHS continues to plow ahead after conducting its further analysis, we will return to...
PacketFabric, the leading Network-as-a-Service (NaaS) platform, today announced a significant expansion of its leadership, sales, and engineering teams as the company scales to meet accelerating demand for AI infrastructure and high-performance connectivity.
PacketFabric, the leading Network-as-a-Service (NaaS) platform, today announced a significant expansion of its leadership, sales, and engineering teams as the company scales to meet accelerating demand for AI infrastructure and high-performance connectivity.
Masco announced that its Board of Directors declared a quarterly dividend of $0.32 per common share, payable on June 8, 2026, to shareholders of record on May 22, 2026. WM today announced the declaration of a quarterly cash dividend of $0.945 per share payable June 18, 2026, to
Masco announced that its Board of Directors declared a quarterly dividend of $0.32 per common share, payable on June 8, 2026, to shareholders of record on May 22, 2026. WM today announced the declaration of a quarterly cash dividend of $0.945 per share payable June 18, 2026, to
In trading on Tuesday, semiconductors shares were relative laggards, down on the day by about 6%. Helping drag down the group were shares of Navitas Semiconductor, down about 15.9% and shares of FormFactor off about 15% on the day. Also lagging the market Tuesday are textiles
In trading on Tuesday, semiconductors shares were relative laggards, down on the day by about 6%. Helping drag down the group were shares of Navitas Semiconductor, down about 15.9% and shares of FormFactor off about 15% on the day. Also lagging the market Tuesday are textiles
Panasonic Holdings Corporation press release ( PCRFF ): FY GAAP EPS of ¥ 81.17. Revenue of ¥ 8.04T. More on Panasonic Holdings Corporation Historical earnings data for Panasonic Holdings Corporation Financial information for Panasonic Holdings Corporation
Panasonic Holdings Corporation press release ( PCRFF ): FY GAAP EPS of ¥ 81.17. Revenue of ¥ 8.04T. More on Panasonic Holdings Corporation Historical earnings data for Panasonic Holdings Corporation Financial information for Panasonic Holdings Corporation
The UK is facing fresh political uncertainty as Prime Minister Keir Starmer fights to remain in Downing Street. From the pound to gilts, Mishal Husain breaks down what to watch. (Source: Bloomberg)
The UK is facing fresh political uncertainty as Prime Minister Keir Starmer fights to remain in Downing Street. From the pound to gilts, Mishal Husain breaks down what to watch. (Source: Bloomberg)
Sundry Photography Snowflake ( SNOW ) was in focus on Tuesday as investment firm Oppenheimer said its recent checks suggest rising customer engagement. “Our Snowflake checks suggest growing customer engagement with Cortex/Snowflake Intelligence (with AI use cases built on core analytics workloads), healthy large-deal activity, and accelerating demand toward the end of the quarter,” analyst Ittai K...
Sundry Photography Snowflake ( SNOW ) was in focus on Tuesday as investment firm Oppenheimer said its recent checks suggest rising customer engagement. “Our Snowflake checks suggest growing customer engagement with Cortex/Snowflake Intelligence (with AI use cases built on core analytics workloads), healthy large-deal activity, and accelerating demand toward the end of the quarter,” analyst Ittai Kidron wrote in a note to clients. “We're also encouraged by CEO Sridhar Ramaswamy's comments highlighting strong Cortex Code traction/ consumption, confirming Snowflake's gaining AI traction despite a dynamic competitive environment. To that end, competition with Databricks continues to escalate, though most enterprises run both in parallel (Snowflake-Analytics; Databricks-Data Engineering), with Snowflake's gains primarily driven by data warehouse/analytics migration activity (vs. Teradata/Oracle/Microsoft/AWS). We expect product revenue upside of +1.5-2.0% vs. consensus with a healthy 2QFY27 pipeline, though note a tough YoY comp given out-sized 2QFY26 upside (+5.2%).” Kidron maintained his Outperform rating and $250 price target on Snowflake. More on Snowflake Snowflake: Sentiment Broke - I Prefer Selling Puts Here Snowflake Intelligence Is Here: How AI Is Supercharging The Agentic Trajectory Snowflake: This Company Isn't SaaS, Calmly 'Buy' As Others Panic Sell Earnings season serves as 'wake up call' for AI skeptics ahead of Nvidia's report: Wedbush HumanX reveals threat Anthropic and OpenAI pose to software firms: UBS
HeliRy/E+ via Getty Images Spot rates for very large gas carriers have surged to record levels , with benchmark freight on the Houston-to-Chiba route rising to $290/metric ton and dayrates spiking to nearly $170K, the highest level ever recorded for the series, according to Clarksons Research, as reported by splash247.com. The gains have been driven by a fundamental reshaping of global routing pat...
HeliRy/E+ via Getty Images Spot rates for very large gas carriers have surged to record levels , with benchmark freight on the Houston-to-Chiba route rising to $290/metric ton and dayrates spiking to nearly $170K, the highest level ever recorded for the series, according to Clarksons Research, as reported by splash247.com. The gains have been driven by a fundamental reshaping of global routing patterns for liquefied petroleum gas since the closure of the Strait of Hormuz, which typically transits ~30% of global seaborne LPG; with transits through the strait running 90% below normal levels, Asian buyers have turned to U.S. cargoes to replace lost Middle Eastern volumes, lifting U.S. LPG exports to a record 7M metric tons in April, up 20% compared to March. Gas carrier availability is now very tight in the U.S. Gulf, and more vessels are rerouting around South Africa's Cape of Good Hope due to higher waiting times in Panama—a 15,900-mile journey compared with 9,370 miles via Panama and nearly 9,200 miles longer than the traditional Ras Tanura-to-Chiba route, Clarksons said. ~10% of the global VLGC fleet is currently waiting outside or remains trapped inside the Persian Gulf, or is parked off India's west coast. "The position list remains very tight and several fixtures have been concluded despite an unobliging arbitrage," Clarksons wrote. "The fixing window has stretched through the whole of June, with charterers once again clambering for tonnage." Potentially relevant stocks include Frontline ( FRO ), Nordic American Tanker ( NAT ), DHT Holding ( DHT ), Navigator Holdings ( NVGS ), Dorian LPG ( LPG ), BW LPG ( BWLP ), Flex LNG ( FLNG ), CMB.Tech ( CMBT ), International Seaways ( INSW ), Scorpio Tankers ( STNG ), Teekay Corp. ( TK ), Teekay Tankers ( TNK ), Tsakos Energy Navigation ( TEN ), Torm ( TRMD ), Ardmore Shipping ( ASC ), Okeanis Eco Tankers ( ECO ). ETFs: ( BWET ), ( BOAT ) More on Frontline, Teekay, and Scorpio Tankers Frontline: Strong Dividends Today, But...
bymuratdeniz/E+ via Getty Images One of the best calls that I have made in the last couple of years now has been Callaway Golf ( CALY ). At the time that I bought the stock, with my first purchases being in March 2024, it was known as Topgolf Callaway Brands. But since then, management has sold off a majority ownership interest in its Topgolf brand, bringing in a significant amount of cash and reo...
bymuratdeniz/E+ via Getty Images One of the best calls that I have made in the last couple of years now has been Callaway Golf ( CALY ). At the time that I bought the stock, with my first purchases being in March 2024, it was known as Topgolf Callaway Brands. But since then, management has sold off a majority ownership interest in its Topgolf brand, bringing in a significant amount of cash and reorienting the company toward a golf gear and apparel business. In the time that I have owned the stock, things have gone exceptionally well. My total position is up 67.9%. Plus, earlier this year, I generated a good bit of option income from selling covered calls on it. Since my last article about the company in January, shares are up 13.2% (before Tuesday's drop). That's well above the 6.9% rise that the S&P 500 saw over the same window of time. To be honest with you, the company is getting closer to the point where a more cautious approach is warranted. But I do still believe that enough upside exists to justify the "Strong Buy" rating that I have had it at. This is even though shares skyrocketed 18.6% on May 7. This came after management announced financial results for the first quarter of the company's 2026 fiscal year. Revenue and earnings per share both came in above expectations. On top of this, management is taking a rather rosy view of the company, increasing guidance for the top and bottom lines. Share buybacks make sense at these levels, and the company is improving from an operational standpoint. Given this combination of factors, it's not difficult to see why my stance is what it is. Callaway Golf Company is scoring From a purely fundamental standpoint, I must say that I am impressed with what I have been seeing from Callaway Golf Company. Management has been making multiple changes over the last year or so. This included selling off its Jack Wolfskin brand in May of last year in a deal valued at $290 million, and selling off a 60% ownership interest in its Topg...
tadamichi/iStock via Getty Images Weekly Market Recap - Week Ending May 08, 2026 U.S. equity markets continued to move higher this week, led by strong momentum in growth and technology-linked segments. The Nasdaq 100 ETF ( QQQM ) gained 5.69%, while the Technology Select Sector SPDR ETF ( XLK ) rose 8.31%, reflecting renewed investor appetite for high-growth and semiconductor-related names. Broade...
tadamichi/iStock via Getty Images Weekly Market Recap - Week Ending May 08, 2026 U.S. equity markets continued to move higher this week, led by strong momentum in growth and technology-linked segments. The Nasdaq 100 ETF ( QQQM ) gained 5.69%, while the Technology Select Sector SPDR ETF ( XLK ) rose 8.31%, reflecting renewed investor appetite for high-growth and semiconductor-related names. Broader market strength was also visible in the S&P 500 ETF ( SPYM ), which advanced 2.71%, while small caps posted a moderate gain. Sector performance, however, remained uneven, with Energy ( XLE ) and Utilities ( XLU ) declining sharply, suggesting that investors continued to rotate away from defensive and commodity-linked areas toward technology, communications, and consumer discretionary exposure. In the below tables, we use major ETFs as a proxy for some major indexes as well as each of the sector groups into which we divide the overall markets. Tracking these over time provides a more defined picture of the US markets than simply tracking major indexes. This is followed by notable individual stock movers over the past month, and finally, our full strategy outlook. Strategy Note Our lead researcher and blog article author returns next week. In the meantime, below is a chart showing current valuations of the 15 sector groups that ValuEngine divides the US markets into. Only three of the 15 sectors are currently undervalued by the ValuEngine models. While this is not an imminent threat, it does show at least some level of concern regarding overall market risk. Aerospace is currently the most overvalued sector at 55.82%, and Consumer Staples the most undervalued at -5.96%. Original Post Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.
It may have underperformed pretty much everything else since 2023, including seemingly similar alternatives such as the iShares Core Dividend Growth ETF (NYSEMKT: DGRO) or the Vanguard Dividend Appreciation ETF (NYSEMKT: VIG) . Nevertheless, the Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) remains a top dividend-paying prospect for income investors. That's not just because it offers a higher di...
It may have underperformed pretty much everything else since 2023, including seemingly similar alternatives such as the iShares Core Dividend Growth ETF (NYSEMKT: DGRO) or the Vanguard Dividend Appreciation ETF (NYSEMKT: VIG) . Nevertheless, the Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) remains a top dividend-paying prospect for income investors. That's not just because it offers a higher dividend yield. Rather, it's a great dividend prospect for the very reason it's lagged the market for the past three years. Let me explain. Not all dividend ETFs are the same. Oh, some of them are certainly similar to others. The Schwab U.S. Dividend Equity exchange-traded fund, however, is distinct from nearly every other alternative in this category not because of what it owns, but what it doesn't own. Continue reading
IHS Holding press release ( IHS ): Q1 GAAP EPS of $0.22. Revenue of $415.4M. Cash from operations for the first quarter of 2026 was $244.9 million, compared to $216.3 million for the first quarter of 2025. The increase primarily reflected a $19.3 million reduction in working capital outflows in addition to an increase in operating income before working capital changes of $9.3 million. More on IHS ...
IHS Holding press release ( IHS ): Q1 GAAP EPS of $0.22. Revenue of $415.4M. Cash from operations for the first quarter of 2026 was $244.9 million, compared to $216.3 million for the first quarter of 2025. The increase primarily reflected a $19.3 million reduction in working capital outflows in addition to an increase in operating income before working capital changes of $9.3 million. More on IHS Holding IHS Towers completes sale of its Brazil fiber venture stake to TIM IHS Holding GAAP EPS of -$0.23 Seeking Alpha’s Quant Rating on IHS Holding Historical earnings data for IHS Holding Financial information for IHS Holding