Alphabet, ticker NasdaqGS:GOOGL, is preparing its first Japanese yen bond offering to support rising AI infrastructure spending. The planned yen deal follows earlier euro and Canadian dollar bond issuances that were also aimed at funding AI related projects. This move broadens Alphabet's funding base in Asia and introduces a new currency source for its AI capital needs. For investors tracking Alph...
Alphabet, ticker NasdaqGS:GOOGL, is preparing its first Japanese yen bond offering to support rising AI infrastructure spending. The planned yen deal follows earlier euro and Canadian dollar bond issuances that were also aimed at funding AI related projects. This move broadens Alphabet's funding base in Asia and introduces a new currency source for its AI capital needs. For investors tracking Alphabet at a share price of $400.8, this funding step sits alongside very strong recent returns,...
The Vanguard Real Estate ETF (NYSEMKT:VNQ) offers low-cost exposure to the domestic property market, whereas the State Street SPDR Dow Jones International Real Estate ETF (NYSEMKT:RWX) provides a gateway to international real estate at a higher price point. Real estate investment trusts (REITs) can serve as a powerful diversifier, providing income and long-term capital growth. While the Vanguard f...
The Vanguard Real Estate ETF (NYSEMKT:VNQ) offers low-cost exposure to the domestic property market, whereas the State Street SPDR Dow Jones International Real Estate ETF (NYSEMKT:RWX) provides a gateway to international real estate at a higher price point. Real estate investment trusts (REITs) can serve as a powerful diversifier, providing income and long-term capital growth. While the Vanguard fund tracks a broad index of domestic real estate companies, the State Street fund looks abroad to capture the performance of international property markets, excluding the United States, which could offer protection against domestic economic shifts. Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield. Continue reading
Being financially comfortable in retirement should be a main financial goal for everyone. Your golden years should be a time to relax, not stress over how your expenses will get paid. It's easier said than done, but that should be the goal as you go through your career and save for retirement. How much someone needs for retirement will vary widely because expenses and lifestyles inevitably vary. B...
Being financially comfortable in retirement should be a main financial goal for everyone. Your golden years should be a time to relax, not stress over how your expenses will get paid. It's easier said than done, but that should be the goal as you go through your career and save for retirement. How much someone needs for retirement will vary widely because expenses and lifestyles inevitably vary. But if you are able to stash $750,000 away, are you in the clear to retire comfortably? Not according to Northwestern Mutual's 2026 Planning & Progress Study, which estimates that it would take $1.46 million to retire comfortably this year. That said, everyone's situation is different, and many people will be able to survive off $750,000. Let's take a look at how. Continue reading
Aramco CEO Says Energy Market May Not Normalize Until 2027 Amid Billion-Barrel Supply Shock From the Trump administration's recent Project Freedom push to mounting warnings from Wall Street analysts, security experts, energy strategists, and major oil company executives, there is a growing sense that the global energy market is quickly approaching a breaking point due to the heavily disrupted Stra...
Aramco CEO Says Energy Market May Not Normalize Until 2027 Amid Billion-Barrel Supply Shock From the Trump administration's recent Project Freedom push to mounting warnings from Wall Street analysts, security experts, energy strategists, and major oil company executives, there is a growing sense that the global energy market is quickly approaching a breaking point due to the heavily disrupted Strait of Hormuz. There was good news over the weekend, as a Qatari LNG tanker transited the Hormuz chokepoint. However, a second tanker from the energy-rich Gulf country abruptly made a U-turn in the Strait early Monday, dashing hopes for any near-term normalization, especially since the U.S. and Iran have yet to reach a peace deal . The countdown to global energy chaos is increasingly viewed in weeks , not months. If the maritime chokepoint remains impaired for the next several weeks, according to Frederic Lasserre, head of research at Gunvor, one of the world's largest oil traders, then the "tipping point to something has to give is June." Warnings of incoming energy market turmoil continued on Monday, with the CEO of Aramco, formerly known as the Saudi Arabian Oil Company. Amin Nasser warned that the market could lose around 100 million barrels of oil each week if Hormuz remains closed. Nasser told investors on an earnings call earlier today that if the Hormuz chokepoint is disrupted for another couple of weeks, then it would take the global energy market until 2027 to normalize. Here are the most important comments from Nasser's call with the analyst: Energy Supply Shock Is Largest Ever Experienced It'll Take Months for Oil Market to Rebalance Even If Hormuz Reopens Today Market to Normalize in 2027 if Hormuz Opening Is Delayed by Few More Weeks Market Has Seen Supply Loss of About 1 Billion Barrel of Oil Alternative Flows Bypassing Hormuz, Strategic Reserve Releases Partially offset that Market Could Lose Around 100 Mln Barrels of Oil For Every Week Demand Rationing to Co...
dnberty/iStock via Getty Images Microsoft ( MSFT ) stock is up by 13.5% since my last analysis of the company. I initially bought the stock at 11% of NAV and then scaled to 20% of NAV (% of NAV being the percentage of my total portfolio's net asset value, i.e. the liquidation value of all holdings including cash). MSFT is now about 16.5% of NAV after trimming on 11 May for about an 8% return since...
dnberty/iStock via Getty Images Microsoft ( MSFT ) stock is up by 13.5% since my last analysis of the company. I initially bought the stock at 11% of NAV and then scaled to 20% of NAV (% of NAV being the percentage of my total portfolio's net asset value, i.e. the liquidation value of all holdings including cash). MSFT is now about 16.5% of NAV after trimming on 11 May for about an 8% return since entry a few months ago. The bullish flame is likely to turn into a full new-high blaze, in my opinion, and I recommend not taking your eye off the ball if you've also weighted it high at ~1/5 NAV. If the stock reclaims its all-time high it means about 31% upside before true new highs. The company just had Q3 , and it showed high-quality growth at mega-cap scale. Revenue was up 18%, operating income was up 20%, and net income was up 23% (with diluted EPS up by 23%, too). That said, respect the risks. If hyperscaler AI spending normalizes, then semiconductor valuations will compress because they are currently overextended significantly. So MSFT would logically sell-off further due to Nasdaq-correlation factors. Tranching into stocks with a 30-40% cash position is the only wise move right now for long-only value investors focused on tech. Q3 & the Current Landscape The core bull proof point rests in Azure, where at Q3 revenue rose 40%, including other cloud services. Remember that demand still exceeds supply, so capex is not speculative, is tangible, and is real-time demand-led. At Q3 , Microsoft's AI business was up 123% year-over-year as a run rate, and in support of this growth GPU dock-to-live time improved nearly 20%, inference throughput improved 40%, and another gigawatt of capacity was added. Even as the company moves toward usage-based dynamics, seat adds for Microsoft 365 Copilot rose 250% year-over-year , and large-seat customers quadrupled. This is strong growth and very steady evidence for why Microsoft remains a wonderful investment at this price. The final poin...
dnberty/iStock via Getty Images Microsoft ( MSFT ) stock is up by 13.5% since my last analysis of the company. I initially bought the stock at 11% of NAV and then scaled to 20% of NAV (% of NAV being the percentage of my total portfolio's net asset value, i.e. the liquidation value of all holdings including cash). MSFT is now about 16.5% of NAV after trimming on 11 May for about an 8% return since...
dnberty/iStock via Getty Images Microsoft ( MSFT ) stock is up by 13.5% since my last analysis of the company. I initially bought the stock at 11% of NAV and then scaled to 20% of NAV (% of NAV being the percentage of my total portfolio's net asset value, i.e. the liquidation value of all holdings including cash). MSFT is now about 16.5% of NAV after trimming on 11 May for about an 8% return since entry a few months ago. The bullish flame is likely to turn into a full new-high blaze, in my opinion, and I recommend not taking your eye off the ball if you've also weighted it high at ~1/5 NAV. If the stock reclaims its all-time high it means about 31% upside before true new highs. The company just had Q3 , and it showed high-quality growth at mega-cap scale. Revenue was up 18%, operating income was up 20%, and net income was up 23% (with diluted EPS up by 23%, too). That said, respect the risks. If hyperscaler AI spending normalizes, then semiconductor valuations will compress because they are currently overextended significantly. So MSFT would logically sell-off further due to Nasdaq-correlation factors. Tranching into stocks with a 30-40% cash position is the only wise move right now for long-only value investors focused on tech. Q3 & the Current Landscape The core bull proof point rests in Azure, where at Q3 revenue rose 40%, including other cloud services. Remember that demand still exceeds supply, so capex is not speculative, is tangible, and is real-time demand-led. At Q3 , Microsoft's AI business was up 123% year-over-year as a run rate, and in support of this growth GPU dock-to-live time improved nearly 20%, inference throughput improved 40%, and another gigawatt of capacity was added. Even as the company moves toward usage-based dynamics, seat adds for Microsoft 365 Copilot rose 250% year-over-year , and large-seat customers quadrupled. This is strong growth and very steady evidence for why Microsoft remains a wonderful investment at this price. The final poin...
This image contained in a court filing by the Department of Justice, April 29, 2026, shows Cole Tomas Allen, left, inside his hotel room, on Saturday, April 25, 2026 in Washington, using his cellphone to take a photograph of himself in the mirror. Department of Justice | AP White House Correspondents Dinner shooting suspect Cole Tomas Allen on Monday pleaded not guilty to charges that include tryi...
This image contained in a court filing by the Department of Justice, April 29, 2026, shows Cole Tomas Allen, left, inside his hotel room, on Saturday, April 25, 2026 in Washington, using his cellphone to take a photograph of himself in the mirror. Department of Justice | AP White House Correspondents Dinner shooting suspect Cole Tomas Allen on Monday pleaded not guilty to charges that include trying to assassinate President Donald Trump . Allen, who allegedly attempted to storm the ballroom at the Washington Hilton armed with a shotgun, handgun and multiple knives, entered his plea before Judge Trevor McFadden at the U.S. District Court for the District of Columbia. He pleaded not guilty to all four counts against him and was shackled at his waist and wrists, according to MS NOW. Read more CNBC politics coverage Boeing, Citigroup CEOs set to join Trump on China visit next week Marco Rubio heads to the Vatican as 2028 presidential buzz ramps up Epstein files: Commerce Sec. Howard Lutnick questioned by House Oversight panel Allen stands accused of trying to assassinate Trump on April 25, transporting firearms interstate, discharge of a firearm during an act of violence and assault on law enforcement. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Susquehanna analyst Shyam Patil raised his price target on Cloudflare (NYSE:NET) to $200 from $190 while maintaining a Neutral rating. The price target raise follows a Q1 FY2026 beat and the company’s announcement of a sweeping workforce restructuring tied to an “AI-first” operating model. NET stock closed at $196.13 on May 8 after sliding from ... Cloudflare Just Hit the AI-First Reset Button: Su...
Susquehanna analyst Shyam Patil raised his price target on Cloudflare (NYSE:NET) to $200 from $190 while maintaining a Neutral rating. The price target raise follows a Q1 FY2026 beat and the company’s announcement of a sweeping workforce restructuring tied to an “AI-first” operating model. NET stock closed at $196.13 on May 8 after sliding from ... Cloudflare Just Hit the AI-First Reset Button: Susquehanna Hikes Price Target to $200
MicroStockHub Wall Street’s major market averages hunt for clear direction to kick off the week on Monday, as there seemed to be no end in sight to the U.S.-Iran conflict after President Donald Trump called Iran’s latest proposal “totally unacceptable.” The blue chip Dow ( DJI ) was even, the benchmark S&P 500 ( SP500 ) was +0.1%, and the tech focused Nasdaq Composite ( COMP:IND ) was flat. On a s...
MicroStockHub Wall Street’s major market averages hunt for clear direction to kick off the week on Monday, as there seemed to be no end in sight to the U.S.-Iran conflict after President Donald Trump called Iran’s latest proposal “totally unacceptable.” The blue chip Dow ( DJI ) was even, the benchmark S&P 500 ( SP500 ) was +0.1%, and the tech focused Nasdaq Composite ( COMP:IND ) was flat. On a sector-by-sector basis, eight of the 11 S&P segments find themselves up in the green, with materials at the top. Going in the other direction, communication services has been the weakest segment. Iran’s proposal reportedly emphasized Iranian sovereignty over the Strait of Hormuz while calling on the U.S. to end its naval blockade, guarantee no further attacks, lift sanctions, and end a U.S. ban on Iranian oil sales. The Strait of Hormuz remains mostly closed. U.S. Treasury yields pushed up across the curve. The shorter end U.S. 2 Year Treasury yield ( US2Y ) moved higher by 3 basis points to 3.92%. At the same time, the popular U.S. 10 Year Treasury yield ( US10Y ) moved up by 3 basis points to 4.39%, and the longer end U.S. 30 Year Treasury yield ( US30Y ) climbed 3 basis points to 4.97%. “The stock market's rally is a classic capitulation-to-FOMO dynamic, where money that was quickly removed from markets over Iran fears and spiking oil is racing back in, pushing the S&P 500 to fresh record highs. The best part is that fundamentals are backing up this leg higher with stronger-than-expected earnings, big tech leadership, strong labor market data, and markets pricing in resolution, not crisis,” Robert Edwards, chief investment officer of Edwards Asset Management, stated. As for stocks that are on the move, shares of Western Digital ( WDC ) pushed higher by 8.2% while shares of Dell Technologies ( DELL ) slipped 6.1%. More on markets RBC Capital raises S&P 500 year-end target to 7,900 as it sees more upside ahead Trump gives the EU a July 4 deadline to finalize a trade deal an...
J Studios/DigitalVision via Getty Images Artificial intelligence chipmaker Cerebras Systems ( CBRS ) was named a new long idea at Hedgeye ahead of its initial public offering this week. Cerebras ( CBRS ) on Monday increased its IPO and now seeks to raise as much as $4.8 billion, according to a filing. The AI chipmaker is offering 30 million shares at $150 to $160 each, up from previous 28 million ...
J Studios/DigitalVision via Getty Images Artificial intelligence chipmaker Cerebras Systems ( CBRS ) was named a new long idea at Hedgeye ahead of its initial public offering this week. Cerebras ( CBRS ) on Monday increased its IPO and now seeks to raise as much as $4.8 billion, according to a filing. The AI chipmaker is offering 30 million shares at $150 to $160 each, up from previous 28 million shares at $115 to $125 each. Hedgeye analyst Felix Wang on Friday wrote that he expects fair value for Cerebras ( CBRS ) to be $188 a share, 57% upside from the originally expected midpoint pricing of $120 a share. "Investor demand into the IPO has been substantial, with indications reportedly exceeding $10bn prior to formal marketing," Wang wrote in a note. "Cerebras’ private valuation tripled within five months following the AWS and OpenAI announcements, and we believe the company is entering public markets at an opportune point in the AI cycle." Wang added that Cerebras’ Wafer-Scale Engine (“WSE”)" architecture was previously viewed as a niche training solution, but the industry’s transition toward inference, particularly agentic AI workloads, materially improves its positioning." Cerebras filed for its initial public offering last month, after it signed a pair of significant deals with OpenAI ( OPENAI ) and Amazon Web Services ( AMZN ). Cerebras's listing is set to price on Wednesday. More on Cerebras Systems Inc. Wall Street Brunch: IPOs Headline The Week's Show Wall Street Lunch: AI Chipmaker Seeks $3.5B In IPO, Eyes $26.5B Valuation Cerebras: Trying To Disrupt Nvidia's Inference Monopoly Cerebras to raise IPO price range to $150-$160 as demand surges: report Cerebras Systems plans to raise IPO price range - Bloomberg
KKR just made a bold $300M move to rescue a struggling private credit fund hit by rising bad loans and falling value. With dividend cuts, a junk rating, and growing pressure on the sector, Bloomberg Credit Editor Bruce Douglas explains what’s going wrong, and whether KKR’s intervention is confidence or damage control. (Source: Bloomberg)
KKR just made a bold $300M move to rescue a struggling private credit fund hit by rising bad loans and falling value. With dividend cuts, a junk rating, and growing pressure on the sector, Bloomberg Credit Editor Bruce Douglas explains what’s going wrong, and whether KKR’s intervention is confidence or damage control. (Source: Bloomberg)
Earnings Call Insights: Dole plc (DOLE) Q1 2026 Management View "We're very pleased to report a solid start to the year with positive momentum across the group being reflected in strong revenue growth of 12% year-over-year," said CEO Rory Byrne (CEO & Executive Director), while adding, "Adjusted EBITDA of $100 million was in line with our expectations." "As announced in December, we agreed to sell...
Earnings Call Insights: Dole plc (DOLE) Q1 2026 Management View "We're very pleased to report a solid start to the year with positive momentum across the group being reflected in strong revenue growth of 12% year-over-year," said CEO Rory Byrne (CEO & Executive Director), while adding, "Adjusted EBITDA of $100 million was in line with our expectations." "As announced in December, we agreed to sell our port operations in Guayaquil, Ecuador to Terminal Investments Limited," Byrne said, adding, "regulatory approval has been received, and we expect to complete this important transaction during the current quarter" and "continue to expect net proceeds after tax of approximately $75 million." On investment priorities, Byrne said, "We are working towards the finalization of a significant development investment in the order of approximately $100 million, which will provide us with a strategic platform for sustainable long-term growth," and also noted the company is "progressing a number of opportunities in Ireland, Italy, Spain and Sweden." "Group revenue of $2.3 billion was 11.6% higher on a reported basis," said Jacinta Devine (CFO & Director), and added, "Adjusted diluted EPS was $0.33 compared to $0.35 in Q1 2025." Outlook "We anticipate increased shipping and fuel costs in the second quarter, particularly in our Fresh Fruit segment," Byrne said, while also stating, "we expect to see the benefit of contract price adjustments as well as the benefit of our dynamic pricing strategy within our diversified divisions coming through." "Taking all these factors together, we are continuing to target full year adjusted EBITDA of at least $400 million for 2026," Byrne said. On quarterly cadence, Byrne said, "we will clearly suffer some pressure, and particularly in our Fresh Fruit division in Q2, but that will be made up in Q3 and Q4," and added, "we expect a stronger weighting... on the second half of the year versus the first half of the year." Financial Results "Overall, net in...
For some reason or another, many of the big hedge funds still have faith in shares of The Walt Disney Company (NYSE:DIS), which have done next to nothing, gaining a mere 7%, in the last 10 years. Undoubtedly, Disney is a cherished American brand, and while there have been a number of headwinds that have ... This Hedge Fund Darling Might Be a Sleeper AI Giant — and the Stock Is Just Beginning To Mo...
For some reason or another, many of the big hedge funds still have faith in shares of The Walt Disney Company (NYSE:DIS), which have done next to nothing, gaining a mere 7%, in the last 10 years. Undoubtedly, Disney is a cherished American brand, and while there have been a number of headwinds that have ... This Hedge Fund Darling Might Be a Sleeper AI Giant — and the Stock Is Just Beginning To Move
The S&P 500 Index ($SPX ) (SPY ) today is up +0.17%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.10%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.06%. June E-mini S&P futures (ESM26 ) are up +0.19%, and June E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.17%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.10%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.06%. June E-mini S&P futures (ESM26 ) are up +0.19%, and June E-mini Nasdaq futures...
Thibault Renard/iStock via Getty Images I have covered Kratos Defense & Security Solutions ( KTOS ) before , where I outlined the investment thesis in detail and explained why I considered it slightly overvalued. Since then, Kratos has tumbled nearly 50%, and even since my last article where I upgraded it to a Buy it is down about 20%. The decline was despite reporting a Q1 earnings beat and raisi...
Thibault Renard/iStock via Getty Images I have covered Kratos Defense & Security Solutions ( KTOS ) before , where I outlined the investment thesis in detail and explained why I considered it slightly overvalued. Since then, Kratos has tumbled nearly 50%, and even since my last article where I upgraded it to a Buy it is down about 20%. The decline was despite reporting a Q1 earnings beat and raising guidance. Given this strong quarter and the stock pullback, I am upgrading the rating to strong buy. Background Kratos is a US based defense and aerospace technology company , focused on niche high growth areas and I believe that in a few years will be considered one of the US primes. The company has more than 30 programs and it designs and builds military systems including unmanned drones (notably the Valkyrie tactical UAS), satellite control systems, missile and rocket propulsion, high power microwaves, and it just announced that it are also working on laser weapon systems. Kratos' website In the last article I focused on the huge expected growth for its hypersonic franchise which will increase from $400 million in 2026 to $700 million in 2027 and the Valkyrie ramp up. In the last conference call management outlined new growth drivers which could became significant in the future. The first one is directed energy weapons for counter UAS systems, while they didn’t specify amounts the CEO commented: Kratos has been involved in directed energy weapon systems and laser weapon systems for years and years and years and years and years. We -- I just -- I haven't talked about it. We -- over the past year, internally and tied in with an acquisition we've made, we try to go 1 plus 1 equals 4. And this is a counter UAS system. It's mobile. We're the prime. It's several hundred million. It's going to start ramping next year. It should be very big in '28. And this is an area where probably now that we've won this one, it will open the door for us to win more. Kratos' website There i...
US citizens who were on the Hondius cruise ship hit by a hantavirus outbreak are now being isolated in Nebraska. One person is in a specialized biocontainment unit. Shares of Moderna are rising after the company said it's working on a vaccine. Sam Fazeli of Bloomberg Intelligence has more. (Source: Bloomberg)
US citizens who were on the Hondius cruise ship hit by a hantavirus outbreak are now being isolated in Nebraska. One person is in a specialized biocontainment unit. Shares of Moderna are rising after the company said it's working on a vaccine. Sam Fazeli of Bloomberg Intelligence has more. (Source: Bloomberg)