Remitly Global (RELY 0.34%) saw its stock price rise more than 35% in the past two weeks after it reported excellent fourth-quarter results. The company, a leader in processing international money transfers, also provided an upbeat outlook, which put investors into buy mode for the cheap stock. Revenue in the quarter increased by 26% from a year earlier, send volume surged by 35%, and active custo...
Remitly Global (RELY 0.34%) saw its stock price rise more than 35% in the past two weeks after it reported excellent fourth-quarter results. The company, a leader in processing international money transfers, also provided an upbeat outlook, which put investors into buy mode for the cheap stock. Revenue in the quarter increased by 26% from a year earlier, send volume surged by 35%, and active customers rose by 19%. It also swung to a profit, with net income of $41 million compared with a $6 million net loss in the same quarter a year ago. Its outlook for 2026 calls for 19% to 20% revenue growth, positive net income, and a 25% to 32% rise in adjusted earnings before interest, taxes, depreciation and amortization (EBITDA). Expand NASDAQ : RELY Remitly Global Today's Change ( -0.34 %) $ -0.06 Current Price $ 17.31 Key Data Points Market Cap $3.6B Day's Range $ 17.13 - $ 17.75 52wk Range $ 12.08 - $ 24.70 Volume 102K Avg Vol 3.7M Gross Margin 58.67 % All in all, it is a stock that should be on your radar. Wall Street analysts have an average price target of $21 per share, which would be about a 20% gain. But here's another financial stock that has even more upside to also put on your radar -- Capital One Financial (COF 0.95%). Merger fuels optimism Capital One stock is down about 19% year to date, mainly due to concerns about potential regulation and legislation affecting credit cards. But I take a more bullish view of Capital One, stemming largely from its acquisition of Discover. The acquisition, which closed last year, combined one of the largest credit card issuers with the Discover card payment network. The marriage of the two is expected to result in $2.5 billion to $2.7 billion in annual synergies, starting in 2027. That essentially means that the bank will see that much benefit each year between cost reductions and new revenue opportunities. Expand NYSE : COF Capital One Financial Today's Change ( -0.95 %) $ -1.85 Current Price $ 193.98 Key Data Points Market Cap...
Key Points Remitly Global, an international money transfer company, has seen its stock price surge more than 35% in the past two weeks. With a robust outlook, Remitly stock has some strong potential upside. But Capital One, which is dirt cheap, has even more growth potential. 10 stocks we like better than Capital One Financial › Remitly Global (NASDAQ: RELY) saw its stock price rise more than 35% ...
Key Points Remitly Global, an international money transfer company, has seen its stock price surge more than 35% in the past two weeks. With a robust outlook, Remitly stock has some strong potential upside. But Capital One, which is dirt cheap, has even more growth potential. 10 stocks we like better than Capital One Financial › Remitly Global (NASDAQ: RELY) saw its stock price rise more than 35% in the past two weeks after it reported excellent fourth-quarter results. The company, a leader in processing international money transfers, also provided an upbeat outlook, which put investors into buy mode for the cheap stock. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Revenue in the quarter increased by 26% from a year earlier, send volume surged by 35%, and active customers rose by 19%. It also swung to a profit, with net income of $41 million compared with a $6 million net loss in the same quarter a year ago. Its outlook for 2026 calls for 19% to 20% revenue growth, positive net income, and a 25% to 32% rise in adjusted earnings before interest, taxes, depreciation and amortization (EBITDA). All in all, it is a stock that should be on your radar. Wall Street analysts have an average price target of $21 per share, which would be about a 20% gain. But here's another financial stock that has even more upside to also put on your radar -- Capital One Financial (NYSE: COF). Merger fuels optimism Capital One stock is down about 19% year to date, mainly due to concerns about potential regulation and legislation affecting credit cards. But I take a more bullish view of Capital One, stemming largely from its acquisition of Discover. The acquisition, which closed last year, combined one of the largest credit card issuers with the Discover card payment network. The marriage of the two is expected to result ...
QUALCOMM (NasdaqGS:QCOM) launched its Dragonwing processor designed for robotics, highlighting robotics as a potential major revenue stream, as stated by CEO Cristiano Amon. The company also announced a new coalition with industry partners to accelerate development and deployment of 6G technology, described as AI native. These moves mark an effort to grow beyond QUALCOMM's traditional smartphone f...
QUALCOMM (NasdaqGS:QCOM) launched its Dragonwing processor designed for robotics, highlighting robotics as a potential major revenue stream, as stated by CEO Cristiano Amon. The company also announced a new coalition with industry partners to accelerate development and deployment of 6G technology, described as AI native. These moves mark an effort to grow beyond QUALCOMM's traditional smartphone focused business into robotics and next generation wireless infrastructure. QUALCOMM enters this phase of product and technology expansion with its shares at $138.13 and a mixed recent return profile. The stock is down 4.6% over the past week, 8.9% over the past month, and 20.1% year to date, while its 3 year and 5 year returns of 23.3% and 18.6% present a different picture over longer time frames. For investors, an important consideration is how these new areas compare in significance with the company’s legacy smartphone exposure. Robotics and 6G oriented products could eventually widen QUALCOMM's customer base and revenue mix if adoption builds over time. As you look at NasdaqGS:QCOM, it may be useful to track how quickly the Dragonwing platform gains traction with robotics manufacturers and how active the company is within the emerging 6G coalitions and standards bodies. Stay updated on the most important news stories for QUALCOMM by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on QUALCOMM. NasdaqGS:QCOM Earnings & Revenue Growth as at Mar 2026 Quick Assessment ⚖️ Price vs Analyst Target : At US$138.13 versus a consensus target of about US$159.54, the price sits roughly 13% below where analysts cluster, with estimates ranging from US$132 to US$200. : At US$138.13 versus a consensus target of about US$159.54, the price sits roughly 13% below where analysts cluster, with estimates ranging from US$132 to US$200. ⚖️ Simply Wall St Valuation : QUALCOMM is described as trading close to estimated fair value, so the c...
Sinenkiy/iStock via Getty Images Sturm, Ruger & Company's ( RGR ) stock has been hurt by low demand in the consumer firearm market and the new CEO's transition. The new CEO has invested in capacity expansion, introduced new platforms, and entered the high-margin accessory business. I have a conservative intrinsic value at $59.74/share, presenting 43% upside at the time of this article's writing. I...
Sinenkiy/iStock via Getty Images Sturm, Ruger & Company's ( RGR ) stock has been hurt by low demand in the consumer firearm market and the new CEO's transition. The new CEO has invested in capacity expansion, introduced new platforms, and entered the high-margin accessory business. I have a conservative intrinsic value at $59.74/share, presenting 43% upside at the time of this article's writing. I issue a Buy rating, and only hold on a Strong Buy rating because I would like to see the new accessory business performance. Business Overview and 2025 Updates Sturm, Ruger & Company is an American manufacturer of firearms, that has a domestic supply chain for their products. The company has a small ancillary casting business that is not meaningful to my investment thesis. The current CEO, Todd Seyfert, has been on the job for one year and has been executing on a few key initiatives. First, he started with reevaluating the business from top to bottom. In 2025 he deliberately slowed down production and rationalized inventory to match the current weak consumer gun market demand. These actions resulted in a 3-year low, a year-end inventory of 230K units. A 28% drop from 2024, and 42% drop from 2023. They also led to the lowest gross margins recorded for RGR (14.9%) and negative earnings. RGR 10-K Second, during the year he headed the acquisition of Anderson Manufacturing for $15.8MM. Anderson was a manufacturer of firearms AND firearm accessories. This strategic purchase included Anderson’s Manufacturing facility in Hebron, Kentucky, and machinery. It provides Ruger the opportunity to absorb a skilled and experienced workforce, strengthening its production capabilities and expanding its product offerings. He also launched three new gun platforms at Ruger, continuing on his thesis that new products will help to stabilize and grow sales despite the macro headwinds being seen in the market right now. Todd stated on the call these new products are what enabled the 2% growth in sa...
42s ago 09.30 GMT Ukraine demands 'immediate release' of seven detained citizens, foreign minister says Meanwhile, Ukraine’s foreign minister Andrii Sybiha said that “Ukrainian consuls have still not been permitted access to the seven Ukrainian citizens taken hostage in Budapest.” “The Hungarian side has not provided any explanation. We demand their immediate release and prepare next actions, incl...
42s ago 09.30 GMT Ukraine demands 'immediate release' of seven detained citizens, foreign minister says Meanwhile, Ukraine’s foreign minister Andrii Sybiha said that “Ukrainian consuls have still not been permitted access to the seven Ukrainian citizens taken hostage in Budapest.” “The Hungarian side has not provided any explanation. We demand their immediate release and prepare next actions, including at the EU level,” he added. Share 2m ago 09.28 GMT Hungary confirms detaining seven people as part of alleged money laundering probe The Hungarian tax authority has just confirmed it detained seven people and two cash-in-transit vehicles coming from Austria towards Ukraine, saying it is pursuing criminal proceedings on suspicion of money laundering. The contents of their transit has also been confirmed as per earlier statement by Ukraine’s state-owned Oschadbank. But the authority pointedly said that one of the seven men arrested was a former general of the Ukrainian intelligence services, Hungarian media reported. In a statement quoted by Index.hu, the authority claimed it had informed the Ukrainian consular authorities of the move, but received no response. Share
Listen to this article Listen to this article 1x China will expand a policy-backed financing instrument to 800 billion yuan ($116 billion) this year, part of broader efforts to support investment and economic growth. Premier Li Qiang outlined the plan in the government work report delivered Thursday at the opening of the country’s annual legislative session. The issuance marks a 300 billion yuan i...
Listen to this article Listen to this article 1x China will expand a policy-backed financing instrument to 800 billion yuan ($116 billion) this year, part of broader efforts to support investment and economic growth. Premier Li Qiang outlined the plan in the government work report delivered Thursday at the opening of the country’s annual legislative session. The issuance marks a 300 billion yuan increase from the previous year. The policy-backed financing instrument is a government-supported funding mechanism designed to channel capital into major investment projects.
Czech wage growth unexpectedly accelerated in the fourth quarter, dealing a fresh blow to chances that the central bank will be able to cut interest rates this year. Nominal wages jumped 7.4% in the last three months of 2025, recording a 5.1% real increase, according to figures from the statistics office on Friday. Both readings topped the central bank’s projections for the quarter. “From the cent...
Czech wage growth unexpectedly accelerated in the fourth quarter, dealing a fresh blow to chances that the central bank will be able to cut interest rates this year. Nominal wages jumped 7.4% in the last three months of 2025, recording a 5.1% real increase, according to figures from the statistics office on Friday. Both readings topped the central bank’s projections for the quarter. “From the central bank’s perspective, the very important information about wage developments in the Czech economy represents an argument against thoughts about a potential slight decrease in interest rates,” said Radomir Jac , chief economist at Generali Investments CEE. Policymakers discussed what they called a potential “fine-tuning” rate cut last month as the inflation rate dropped below the 2% target, but soaring global energy prices after the US-Israeli attacks on Iran may shift the inflation outlook. The bank has held the key rate steady at 3.5% since the last rate cut in May. The Middle East conflict, which has roiled global markets this week, already pushed investors to erase bets on Czech monetary easing. Forward rate agreements now indicate positioning for a rate hike.
Hong Kong conglomerate CK Hutchison Holdings has stepped up legal action in response to what it called Panamanian authorities’ unlawful takeover of the operations of two ports at either end of the politically sensitive canal. The group, led by the family of Hong Kong tycoon Li Ka-shing, said on Friday that it had submitted a supplement to its earlier petition against the Panamanian state for an in...
Hong Kong conglomerate CK Hutchison Holdings has stepped up legal action in response to what it called Panamanian authorities’ unlawful takeover of the operations of two ports at either end of the politically sensitive canal. The group, led by the family of Hong Kong tycoon Li Ka-shing, said on Friday that it had submitted a supplement to its earlier petition against the Panamanian state for an international arbitration. The supplement alleged that Panama continued ignoring the firm’s requests for communication while keeping the group in the dark about its occupation of the ports, property and personnel of its subsidiary, Panama Ports Company (PPC). Advertisement CK Hutchison also said the Panama state made “various inaccurate remarks” related to PPC, which had aggravated the circumstances. “PPC continues to challenge the unlawful confiscation of its proprietary and legally protected documents and materials by the Panama State,” the group said in a statement. Advertisement CK Hutchison’s legal action was sparked by a Panamanian Supreme Court ruling in January that declared unconstitutional the law approving the concession held by PPC. But the concession was renewed in 2021 for 25 years until 2047.
Dimensional Fund Advisors LP grew its position in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 1.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,234,857 shares of the information services provider's stock after acquiring an additional 190,465 shares during the quarter. Alphabet accounts for approximatel...
Dimensional Fund Advisors LP grew its position in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 1.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,234,857 shares of the information services provider's stock after acquiring an additional 190,465 shares during the quarter. Alphabet accounts for approximately 0.9% of Dimensional Fund Advisors LP's portfolio, making the stock its 8th largest holding. Dimensional Fund Advisors LP owned about 0.14% of Alphabet worth $4,197,586,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds also recently made changes to their positions in GOOG. Brighton Jones LLC increased its position in shares of Alphabet by 5.6% during the fourth quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider's stock valued at $22,901,000 after acquiring an additional 6,410 shares during the last quarter. Ignite Planners LLC grew its stake in Alphabet by 1.0% in the 2nd quarter. Ignite Planners LLC now owns 14,506 shares of the information services provider's stock valued at $2,697,000 after purchasing an additional 144 shares during the period. Sequoia Financial Advisors LLC increased its position in shares of Alphabet by 7.4% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 594,959 shares of the information services provider's stock valued at $105,540,000 after purchasing an additional 41,132 shares during the last quarter. Cassaday & Co Wealth Management LLC raised its stake in shares of Alphabet by 1.9% during the 2nd quarter. Cassaday & Co Wealth Management LLC now owns 33,075 shares of the information services provider's stock worth $5,867,000 after purchasing an additional 620 shares during the period. Finally, Oakwell Private Wealth Management LLC boosted its holdings in shares of Alphabet by 11.9% in the 2nd quarter. Oakwell Private Wealth Management LLC ...
FarzadFrames/iStock via Getty Images China is in talks with Iran seeking safe passage for crude oil and Qatari LNG vessels through the Strait of Hormuz, Reuters reported, citing three diplomatic sources. China is Iran's biggest oil buyer and gets around 45% of its oil from the Strait, one of the world's most important oil chokepoints. About 20% of global oil flows pass through this waterway, with ...
FarzadFrames/iStock via Getty Images China is in talks with Iran seeking safe passage for crude oil and Qatari LNG vessels through the Strait of Hormuz, Reuters reported, citing three diplomatic sources. China is Iran's biggest oil buyer and gets around 45% of its oil from the Strait, one of the world's most important oil chokepoints. About 20% of global oil flows pass through this waterway, with most of these shipments going to Asian markets. Earlier this week, Iran's government said vessels belonging to the U.S., Israel, Europe and their allies would not be allowed to pass through the Strait. It did not mention China. A bulk carrier called the Iron Maiden reportedly passed through the Strait after changing its destination signal to "China owner." The Strait closure functions as commercial deterrence rather than outright military blockade, according to Kpler analyst Alexis Ellender. "Elevated insurance costs, operational unpredictability, and rising risk premiums are doing the work that physical closure cannot," he noted. "A full blockade remains strategically difficult to enforce given the size of the waterway and the international nature of the traffic." Roughly 16M barrels per day of petroleum products — crude, condensates, refined products, LPG and naphtha — have stopped flowing through the Strait, Kpler vessel-tracking data showed. More on oil markets Middle East Escalation Rattles Energy Markets Wall Street Lunch: Hormuz Worries Fuel Oil Prices A Strait Problem For China: How The Iran War Could Squeeze Oil Supply U.S. issues 30‑day waiver for India to buy Russian oil as Iran war disrupts supplies
Stop The War... Because 'Global Warming'!!! Via notalotofpeopleknowthat blog, Apparently our climate propagandists are not bothered about the Mad Mullahs! War makes climate change worse in many ways, and vice versa. The US-Israel attacks on Iran that began over the weekend have killed hundreds of civilians and sent oil prices soaring, but this war also promises to unleash massive amounts of planet...
Stop The War... Because 'Global Warming'!!! Via notalotofpeopleknowthat blog, Apparently our climate propagandists are not bothered about the Mad Mullahs! War makes climate change worse in many ways, and vice versa. The US-Israel attacks on Iran that began over the weekend have killed hundreds of civilians and sent oil prices soaring, but this war also promises to unleash massive amounts of planet-warming gases at a time when civilization is already hurtling toward irreversible climate breakdown. Not every story about the Iran war needs to make the climate connection, but climate change is essential context if the public and policymakers are to understand the full dimensions of this conflict. Join Covering Climate Now and a panel of experts for a discussion about the geopolitical and climate implications of the war on Iran, which has one of the world’s largest oil reserves. Their only concern is that a war might put a bit more carbon dioxide into the atmosphere! They would no doubt be much happier with a nuclear winter! At least it will lower global warming. Tyler Durden Fri, 03/06/2026 - 04:15