mohd izzuan Shares of PTC Therapeutics ( PTCT ) added ~19% on Friday to reach the highest level since January after the rare disease drugmaker raised its full-year outlook, citing a strong uptake for its newly launched phenylketonuria therapy Sephience during Q1. The Warren, New Jersey-based biotech reported $272.6M in revenue for the quarter, beating the consensus by $47.2M despite a ~77% YoY con...
mohd izzuan Shares of PTC Therapeutics ( PTCT ) added ~19% on Friday to reach the highest level since January after the rare disease drugmaker raised its full-year outlook, citing a strong uptake for its newly launched phenylketonuria therapy Sephience during Q1. The Warren, New Jersey-based biotech reported $272.6M in revenue for the quarter, beating the consensus by $47.2M despite a ~77% YoY contraction, which was attributed to a sharp decline in its collaboration and license revenue from its partner Novartis ( NVS ). However, its net product revenue surged ~47% YoY to $225.6M, primarily due to an increase in net product sales of Sephience, which is in the first year of its market rollout. "We are off to a strong start to 2026 with outstanding revenue performance this quarter that supports raising our full-year product revenue guidance," CEO Matthew Klein remarked. “The Sephience launch continues to be strong, with sustained momentum in the US and growing momentum internationally as more countries contribute to the global launch." While the company swung to a $2.8M net loss compared to $866.6M of net income during the prior year period, it kept the full-year outlook for R&D and SG&A expenses unchanged at $775M-$815M. PTC ( PTCT ) estimated its total revenue to reach $1.08B - $1.18B in 2026, backed by $750M - $850M in product revenue, which implied a ~7% rise at the midpoint from its prior forecast of $700M - $800M issued in February. More on PTC Therapeutics PTC Therapeutics, Inc. (PTCT) Q1 2026 Earnings Call Transcript PTC Therapeutics, Inc. (PTCT) Discusses 24-Month Interim Results of PIVOT-HD Long-Term Extension Study of Votoplam in Huntington's Disease Transcript PTC Therapeutics, Inc. (PTCT) Discusses 24-Month Interim Results of PIVOT-HD Long-Term Extension Study of Votoplam in Huntington's Disease - Slideshow PTC outlines 2026 product revenue guidance of $750M-$850M driven by Sephience launch momentum PTC Therapeutics GAAP EPS of -$0.03 beats by $0.44, reven...
NicoElNino/iStock via Getty Images Not every corner of the global energy market is firing on all cylinders, and for foreign energy stocks, the Quant system's bottom ten rankings offer a candid snapshot of where fundamentals are weakest. Below is a list of the bottom 10 foreign energy stocks ranked according to their Seeking Alpha Quant Ratings. The list includes companies from various countries ou...
NicoElNino/iStock via Getty Images Not every corner of the global energy market is firing on all cylinders, and for foreign energy stocks, the Quant system's bottom ten rankings offer a candid snapshot of where fundamentals are weakest. Below is a list of the bottom 10 foreign energy stocks ranked according to their Seeking Alpha Quant Ratings. The list includes companies from various countries outside the United States, spanning subsectors such as oil and gas drilling, storage and transportation, and equipment and services. The list is led by Golar LNG Limited ( GLNG ), which has the lowest Quant Rating in the group at 2.48, earning it a Sell rating. Vallourec S.A. ( VLOWY ) and Transportadora de Gas del Sur S.A. ( TGS ) follow with ratings of 2.91 and 2.97, respectively. Other notable names on the list include offshore drilling companies Seadrill Limited ( SDRL ) and Valaris Limited ( VAL ), both headquartered in Bermuda. While the top-ranked stock carries a Sell rating, the remaining nine stocks on the list currently fall into the Hold category, with ratings ranging from 2.91 to 3.38. For reference, Seeking Alpha’s Quant system ranks stocks based on their performance on certain critical quantitative measures, such as valuation, growth, stock momentum, and profitability. Each stock is rated on a scale of 1 to 5, with any rating above 3.5 indicating a bullish profile. A score of 2.5 or below represents a bearish profile. Here is the list: Golar LNG Limited ( GLNG ), Quant Rating: 2.48 Vallourec S.A. ( VLOWY ), Quant Rating: 2.91 Transportadora de Gas del Sur S.A. ( TGS ), Quant Rating: 2.97 Seadrill Limited ( SDRL ), Quant Rating: 3.14 Valaris Limited ( VAL ), Quant Rating: 3.23 YPF Sociedad Anónima ( YPF ), Quant Rating: 3.26 Tenaris S.A. ( TS ), Quant Rating: 3.26 Subsea 7 S.A. ( SUBCY ), Quant Rating: 3.32 Technip Energies N.V. ( THNPY ), Quant Rating: 3.34 Ecopetrol S.A. ( EC ), Quant Rating: 3.38 More on iShares Global Energy ETF IXC: I'm Not Giving Up On My E...
Shares of Super Micro Computer (NASDAQ:SMCI) spiked 5% in midday trading Friday to $35 and change. This move extended a sharp rebound that began after the company’s fiscal third-quarter results landed Tuesday afternoon. SMCI stock rallied as buyers continued to digest a margin recovery that caught much of Wall Street off guard. The move builds ... Super Micro Rises 5% as Margin Beat, Strong Guide ...
Shares of Super Micro Computer (NASDAQ:SMCI) spiked 5% in midday trading Friday to $35 and change. This move extended a sharp rebound that began after the company’s fiscal third-quarter results landed Tuesday afternoon. SMCI stock rallied as buyers continued to digest a margin recovery that caught much of Wall Street off guard. The move builds ... Super Micro Rises 5% as Margin Beat, Strong Guide Reignite Short Squeeze Debate
Hi everyone. Today we’ve got an interview with Strauss Zelnick, the chief executive officer of Take-Two Interactive Software Inc., but first... This week’s top gaming news: GameStop Corp. said it wants to buy eBay Inc. for $56 billion , a deal that skeptics consider to be little more than a publicity stunt The maker of Eve Online is going independent with an investment from Google DeepMind Zelnick...
Hi everyone. Today we’ve got an interview with Strauss Zelnick, the chief executive officer of Take-Two Interactive Software Inc., but first... This week’s top gaming news: GameStop Corp. said it wants to buy eBay Inc. for $56 billion , a deal that skeptics consider to be little more than a publicity stunt The maker of Eve Online is going independent with an investment from Google DeepMind Zelnick told me that expectations for Grand Theft Auto VI are both exciting and terrifying Nintendo Co. said it will increase the price of its Switch 2 console to $500 from $450, acknowledging pressure on profitability of its flagship device Relatedly, “Nintendo doesn’t need AI . But its stock price might benefit from it.” Rethinking Game Development I recently asked Take-Two CEO Zelnick if he thinks current industry trends are sustainable. After all, the cost of making the biggest games has swelled from eight to nine figures over the last few years without a correlating jump in sales. Take-Two’s Grand Theft Auto VI is certain to sell a kajillion copies, but how much longer can other games in their portfolio continue to raise production costs when the growth of the traditional market has stalled? Zelnick, 68, has been running Take-Two since 2007 and has navigated the company through several industry crises. So I was curious to hear his take on big modern games costing hundreds of millions of dollars to develop. “It’s not really sustainable unless you make massive blockbusters,” Zelnick told me last week. “And that’s super hard to do.” He dropped a line that he’s used many times before — saying that he wants his company to be the “most creative, innovative and efficient,” and that the latter two “should allow us to continue to do great things while managing costs.” That said, he confessed, the current path can’t continue. “We certainly can’t deal with exponential growth — we probably can’t even deal with linear growth— in production costs,” he said. “So everyone puts pressure on ev...
Many software-as-a-service (SaaS) companies have plummeted in value in 2026, as investors worry that artificial intelligence (AI) will disrupt their businesses. Workiva (NYSE: WK) is one of the victims of the so-called "SaaSpocalypse," and following a 39% decline this year, its stock is now down 68% from its 2021 record high. The company typically flies under the radar because of its relatively "b...
Many software-as-a-service (SaaS) companies have plummeted in value in 2026, as investors worry that artificial intelligence (AI) will disrupt their businesses. Workiva (NYSE: WK) is one of the victims of the so-called "SaaSpocalypse," and following a 39% decline this year, its stock is now down 68% from its 2021 record high. The company typically flies under the radar because of its relatively "boring" portfolio of software products, which help organizations manage their compliance obligations. However, it's generating solid revenue growth, and it's attracting high-spending customers at a lightning-fast pace. As a result, the overwhelming majority of the analysts tracked by The Wall Street Journal have given Workiva a buy rating, and none recommend selling. Their average price target also points to strong upside over the next 12 months, so here's why it might be time to buy the dip. Continue reading
The S&P 500 Index ($SPX ) (SPY ) today is up +0.79%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.74%. June E-mini S&P futures (ESM26 ) are up +0.77%, and June E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.79%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.74%. June E-mini S&P futures (ESM26 ) are up +0.77%, and June E-mini Nasdaq futures...
After quickly selling out of the Steam Controller on May 4th, Valve has launched a reservation system to ensure that you can get one without too much hassle. You may not get one as quickly as you'd like to, but at least you can now easily reserve the $99 controller. If your Steam account is in good standing, and you've purchased something on the account before April 27th of this year, you'll be ab...
After quickly selling out of the Steam Controller on May 4th, Valve has launched a reservation system to ensure that you can get one without too much hassle. You may not get one as quickly as you'd like to, but at least you can now easily reserve the $99 controller. If your Steam account is in good standing, and you've purchased something on the account before April 27th of this year, you'll be able to reserve one. Essentially, this will hold your place in line for future restocks. Once a controller is available for you, you'll get an email prompting you to purchase. You'll have 72 hours to purchase your Steam Controller before it gets offe … Read the full story at The Verge.
Two new suspected cases of hantavirus were reported on Friday, one in Spain and the other on the remote South Atlantic island of Tristan da Cunha, as experts race to contain an outbreak that began on a luxury cruise ship. The announcements in locations thousands of kilometres (miles) apart will fuel concern about a cluster of cases so far associated with three deaths – though the World Health Org...
Two new suspected cases of hantavirus were reported on Friday, one in Spain and the other on the remote South Atlantic island of Tristan da Cunha, as experts race to contain an outbreak that began on a luxury cruise ship. The announcements in locations thousands of kilometres (miles) apart will fuel concern about a cluster of cases so far associated with three deaths – though the World Health Organization has repeatedly said the risk to the wider public is low and the virus does not transmit...
With an upside potential of 35.94%, NVIDIA Corporation (NASDAQ:NVDA) is among the 10 Tech Stocks That Could Make You a Millionaire. On April 27, LiveRamp announced native support for NVIDIA Corporation (NASDAQ:NVDA)’s AI infrastructure, underscoring expanding enterprise adoption of the company’s GPU-powered ecosystem for advanced artificial intelligence workloads. The integration enables partners ...
With an upside potential of 35.94%, NVIDIA Corporation (NASDAQ:NVDA) is among the 10 Tech Stocks That Could Make You a Millionaire. On April 27, LiveRamp announced native support for NVIDIA Corporation (NASDAQ:NVDA)’s AI infrastructure, underscoring expanding enterprise adoption of the company’s GPU-powered ecosystem for advanced artificial intelligence workloads. The integration enables partners and brands to train and […]
The futures market has been radically changing its forecast of where interest rates will go this year. And that has major implications for the entire stock market. As recently as late February, futures traders were pricing in two quarter-point rate cuts by the Federal Reserve by the end of 2026. There was even a growing possibility, according to futures prices, that the Fed might cut rates three t...
The futures market has been radically changing its forecast of where interest rates will go this year. And that has major implications for the entire stock market. As recently as late February, futures traders were pricing in two quarter-point rate cuts by the Federal Reserve by the end of 2026. There was even a growing possibility, according to futures prices, that the Fed might cut rates three times by December. That has changed radically over the past month. Continue reading
Donny DBM/iStock via Getty Images Written by Nick Ackerman, co-produced by Stanford Chemist Cohen & Steers REIT & Preferred & Income Fund ( RNP ) provides investors with a balanced portfolio of real estate investment trusts ("REITs") and preferred/fixed-income exposure. This split is about 50/50 over time, though the weightings can vary a bit from those levels. Further, the fixed-income sleeve pro...
Donny DBM/iStock via Getty Images Written by Nick Ackerman, co-produced by Stanford Chemist Cohen & Steers REIT & Preferred & Income Fund ( RNP ) provides investors with a balanced portfolio of real estate investment trusts ("REITs") and preferred/fixed-income exposure. This split is about 50/50 over time, though the weightings can vary a bit from those levels. Further, the fixed-income sleeve provides exposure outside of REITs only, with a higher allocation of those going to the financial sector. RNP currently trades at an attractive discount, hitting our 'Buy' target level. The fund also spins off a monthly distribution to holders, making it appropriate for income-focused investors. RNP Basics 1-Year Z-score: -1.13. Discount/Premium: -3.85%. Distribution Yield: 7.9%. Expense Ratio: 1.15%. Leverage: 30.08%. Managed Assets: $1.5 billion. Structure: Perpetual. RNP's objective is "high current income," and a secondary objective of "capital appreciation." To achieve this, they invest just as their name would suggest: "investment in real estate and diversified preferred securities." They will invest in both U.S. and global positions. Most of the portfolio has been held in the U.S. or North American investments. One of the negatives against leveraged funds was the increased borrowing costs. However, Cohen & Steers had largely hedged a good portion of their CEFs. Even now, they are still showing that the majority of their borrowings are based on fixed-rate financing through interest rate swaps. That's still resulting in a lower financing cost of 2.5% compared to the variable rate 4.4% cost. RNP Leverage Facts (Cohen & Steers) That said, these hedges don't last forever. As rates still remain elevated compared to where they were years ago, when the Fed had its target rate pegged at zero, we should see the trend of rising borrowing costs. We originally were looking at more rate cuts heading through 2026, but given the Iran war causing the price of oil to rise sharply, inflat...