Trygve Finkelsen/iStock Editorial via Getty Images Nintendo ( NTDOY ) is set to report fiscal fourth-quarter results on May 8, and investment firm Wedbush Securities believes there may be some kind of a “software reset” for the coming fiscal year from the Japanese entertainment giant. “We are recalibrating our FY27 estimates to reflect what we view as the most likely software outcome ahead of Nint...
Trygve Finkelsen/iStock Editorial via Getty Images Nintendo ( NTDOY ) is set to report fiscal fourth-quarter results on May 8, and investment firm Wedbush Securities believes there may be some kind of a “software reset” for the coming fiscal year from the Japanese entertainment giant. “We are recalibrating our FY27 estimates to reflect what we view as the most likely software outcome ahead of Nintendo's May guidance and the anticipated June Direct, lowering our FY27 EPS estimate to ¥412 (from ¥469) and our price target to ¥9,000 (from ¥10,500), based on a 22x P/E multiple,” analyst Alicia Reese wrote in a note to clients. Reese, who has a Neutral rating on Nintendo shares, added that she expects a Zelda game to come in fiscal 2027, likely a remake of Zelda: Ocarina of Time , for the Switch 2 console. She estimates sales for the game could be around 6M, well below the 11M she previously estimated. Adding to the concern is she believes Nintendo is unlikely to have a core four game for the holiday season (Super Smash Bros., Animal Crossing, 3D Mario, or Zelda), while Take-Two's ( TTWO ) Grand Theft Auto VI is set to launch in November. Nintendo is likely to have an upcoming slate featuring games such as Splatoon Raiders , Fire Emblem: Fortune's Weave , Star Fox , an OoT remake, The Duskbloods , and a Super Metroid remake, but it's unlikely enough to move the needle when factoring in other games, Reese added. “Our reset reflects 3P moving with, not against, first-party softness. With shares at ¥7,597, the stock now adequately discounts our Bear scenario,” Reese explained. “Post-FY27 guidance, Nintendo’s June Direct is the next potential catalyst; we would be incrementally more positive if a tier-1 release is announced for this year.” More on Nintendo Nintendo: A Timeless Franchise, Finally Reasonably Priced Again Nintendo: Mario 2, A Megahit, And Profit In J-Curve With Improvement Ahead Nintendo: The Upward Game Should Start Soon Historical earnings data for Nintendo Co...
JHVEPhoto/iStock Editorial via Getty Images Investment Thesis The days when Intel ( INTC ) was the easiest stock to hate are over. The bearish case was so simple for so long: poor execution, loss of process lead, exposure to PCs, declining margins, and a costly "foundry" idea that seemed to be more fantasy than reality. But the old narrative is dead. People aren't buying Intel because they think P...
JHVEPhoto/iStock Editorial via Getty Images Investment Thesis The days when Intel ( INTC ) was the easiest stock to hate are over. The bearish case was so simple for so long: poor execution, loss of process lead, exposure to PCs, declining margins, and a costly "foundry" idea that seemed to be more fantasy than reality. But the old narrative is dead. People aren't buying Intel because they think PCs will once again be a hot space. They're buying Intel because the company is at the center of a much larger discussion about who owns the underlying hardware necessary for the second generation of Artificial Intelligence (AI). I also talked about it extensively in my previous article on the stock , written in October 2025, in which I was strongly bullish. Seeking Alpha The first wave of AI was relatively straightforward: buy GPUs (Graphics Processing Units), buy Nvidia, and ignore almost everything else. However, the second wave is going to be different. Inference, agentic AI, real-time applications, custom silicon, advanced packaging, power consumption, and sovereign supply chains do not lend themselves to simple software explanations. These represent physical barriers to future success. And for the first time in a number of years, Intel finds itself closer to these physical barriers than many investors thought possible. That doesn’t make the stock cheap. That doesn’t eliminate the possibility of significant execution risk. And it absolutely does not imply that Intel is now equivalent to Taiwan Semiconductor Manufacturing Company ( TSM ) or NVIDIA ( NVDA ). But it does imply that the old bearish argument against Intel is no longer sufficient. When we look at Intel's Q1 2026 quarterly report, we see a very rare occurrence: revenue growth. We see very strong Data Center and AI demand. We see higher margins. We see continued improvement in their foundry business. We even see management providing indications that demand is outpacing supply. The reaction to this quarter by th...
Applied Digital Corporation ( APLD ) announced on Tuesday the closing of its previously disclosed transaction to contribute its cloud business to EKSO Bionics. As a result, the cloud business became a wholly owned subsidiary of EKSO, and EKSO changed its name to ChronoScale. ChronoScale will begin trading on the Nasdaq Capital Market on Tuesday, May 5, 2026, under the ticker “CHRN” and under a new...
Applied Digital Corporation ( APLD ) announced on Tuesday the closing of its previously disclosed transaction to contribute its cloud business to EKSO Bionics. As a result, the cloud business became a wholly owned subsidiary of EKSO, and EKSO changed its name to ChronoScale. ChronoScale will begin trading on the Nasdaq Capital Market on Tuesday, May 5, 2026, under the ticker “CHRN” and under a new CUSIP number, 170924104. Applied Digital was issued approximately 138M shares of ChronoScale common stock for the contribution of its cloud business. In addition, Applied Digital invested $15.75M in cash in ChronoScale for an additional approximately 1.4M shares of ChronoScale common stock priced at market in a private placement offering, which closed concurrently with the contribution transaction. Following the closing, Applied Digital owns approximately 97% of the outstanding shares of ChronoScale common stock. The company said that ChronoScale will operate as an accelerated compute platform purpose-built to support demanding artificial intelligence workloads designed to deliver scalable, GPU-based infrastructure optimized for AI training, inference, and high-performance computing. "Focused on large-scale deployments, ChronoScale will provide dedicated compute environments engineered for performance, consistency, and long-term operational execution, with the ability to scale capacity in line with accelerating AI demand and increasing utilization across the market," it added. In addition, the legacy EKSO business will also continue to operate as a wholly owned subsidiary of ChronoScale. Applied Digital said that the transaction comes as demand for AI infrastructure continues to increase, with cloud compute platforms experiencing rising utilization and evolving workload requirements. As a result, ChronoScale is expected to operate with greater flexibility to access capital, expand capacity, and pursue growth opportunities independently. More on Applied Digital Applied Digi...
(RTTNews) - While reporting financial results for the first quarter on Tuesday, energy utility WEC Energy Group, Inc. (WEC) reaffirmed its earnings guidance for the full-year 2026 in the range of $5.51 to $5.61 per share.
(RTTNews) - While reporting financial results for the first quarter on Tuesday, energy utility WEC Energy Group, Inc. (WEC) reaffirmed its earnings guidance for the full-year 2026 in the range of $5.51 to $5.61 per share.
Trading of Canada’s Goldquest Mining Corp is scheduled to resume Tuesday after the Dominican Republic halted development of its Romero gold mine project in the wake of mass protests. President Luis Abinader late Monday said his administration had “listened with attention, respect and responsibility” to community concerns about the project and was suspending all work at the site in western Dominica...
Trading of Canada’s Goldquest Mining Corp is scheduled to resume Tuesday after the Dominican Republic halted development of its Romero gold mine project in the wake of mass protests. President Luis Abinader late Monday said his administration had “listened with attention, respect and responsibility” to community concerns about the project and was suspending all work at the site in western Dominican Republic. Goldquest didn’t immediately return a request for comment outside of regular business hours. But on Monday, before the government’s announcement, the Toronto-based company said in a statement it was committed to “the responsible and transparent development of the Romero Project.” The company has said the 3,997-hectare concession had probable reserves of 840,000 ounces of gold, 980,000 ounces of silver and 136 million pounds of copper. The Canadian Investment Regulatory Organization halted trading of the stock on the TSX Venture Exchange midday Monday after the shares had dropped more than 17%. The halt was lifted on Tuesday morning, allowing the shares to resume trading when the market opens at 9:30 a.m. local time. Abinader’s decision came after hundreds of people protested the project over the weekend citing concerns it would damage soil and water. Abinader said the mining concession had been granted in 2005 and ratified again in 2010. But he said that under his administration the project had never moved beyond the environmental evaluation phase. “My commitment is to the country, its people and their future,” he said.
Shares of Norwegian Cruise Line (NYSE: NCLH) sank 9% on Monday, after the company posted disappointing financial results. Investors who flocked to the country's third largest cruise line, on the premise that it was the cheapest of the publicly traded players, are being reminded that sometimes you get what you pay for. Norwegian Cruise Line -- or NCL, for short -- posted mixed financial results thr...
Shares of Norwegian Cruise Line (NYSE: NCLH) sank 9% on Monday, after the company posted disappointing financial results. Investors who flocked to the country's third largest cruise line, on the premise that it was the cheapest of the publicly traded players, are being reminded that sometimes you get what you pay for. Norwegian Cruise Line -- or NCL, for short -- posted mixed financial results through the first three months of this year. Revenue rose 10% to $2.33 billion. That was just shy of the 11% year-over-year increase that analysts were forecasting and rival Royal Caribbean (NYSE: RCL) achieved for the quarter. Image source: Getty Images. Continue reading
Nvidia stock broke out from its monthslong trading range of $165-$195 amid wider enthusiasm about the semiconductor sector last week but subsequently fell back.
Nvidia stock broke out from its monthslong trading range of $165-$195 amid wider enthusiasm about the semiconductor sector last week but subsequently fell back.
Cipher Digital ( CIFR ) on Tuesday said it made progress on key data center projects and strengthened its financial position in its first-quarter 2026 business update. The company said development remains on track at its Barber Lake and Black Pearl campuses, with construction milestones advancing as planned. Cipher also signed its third AI data center campus lease with an investment-grade hypersca...
Cipher Digital ( CIFR ) on Tuesday said it made progress on key data center projects and strengthened its financial position in its first-quarter 2026 business update. The company said development remains on track at its Barber Lake and Black Pearl campuses, with construction milestones advancing as planned. Cipher also signed its third AI data center campus lease with an investment-grade hyperscale tenant, adding to its growing pipeline. On the financing side, Cipher secured a $200M revolving credit facility backed by a syndicate of global financial institutions, providing additional liquidity for near-term capital needs. Cipher reported first-quarter revenue of $35M, while consensus was $36.49M. Adjusted EBITDA of negative $48M. Shares up +1.8% premarket. More on Cipher Mining Cipher Digital: From Bitcoin Miner To AI Landlord Cipher Digital's $9B Pivot To AI Infrastructure Is Still Undervalued Cipher Digital Inc. (CIFR) Cipher Mining Inc. Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript Cipher Mining Q1 2026 Earnings Preview Why are top crypto stocks RIOT, BTDR, & CIFR under pressure?
Natalia Gdovskaia | Moment | Getty Images As consumer prices climb amid the Iran war, some investors are looking for ways to combat inflation . One option, Series I bonds — a government-backed, nearly risk-free asset — could now be more attractive, some experts say. But others may prefer more flexible options. Newly purchased I bonds will pay 4.26% annual interest through Oct. 31, up from the 4.03...
Natalia Gdovskaia | Moment | Getty Images As consumer prices climb amid the Iran war, some investors are looking for ways to combat inflation . One option, Series I bonds — a government-backed, nearly risk-free asset — could now be more attractive, some experts say. But others may prefer more flexible options. Newly purchased I bonds will pay 4.26% annual interest through Oct. 31, up from the 4.03% yield offered through April 30, the U.S. Department of the Treasury announced last week. When inflation rises, "I bonds definitely have more appeal," said Ken Tumin, founder of DepositQuest.com, a blog that tracks I bond rates, among other deposit accounts. Read more CNBC personal finance coverage Social Security benefits are reduced for retirees who work. How that may change Fed keeps interest rates unchanged in April: What that means for you Used EV sales are surging — how their ownership costs compare to gas cars Trump said $465,000 in retirement savings is 'rich.' Is it? CNBC's Financial Advisor 100: Best financial advisors, top firms ranked Demand has previously surged for I bonds amid soaring inflation. With yields tied to the consumer price index, I bond rates hit a record high of 9.62% in May 2022, and investors poured into the assets. Many have redeemed I bonds as prices cooled. But there's been more interest since the March inflation data, according to David Enna, founder of Tipswatch.com, a website that tracks Treasury inflation-protected securities, or TIPS, and I bond rates. The consumer price index, or CPI, a key inflation gauge, increased 3.3% year over year in March 2026, up from 2.4% in February, the Bureau of Labor Statistics reported in April. This data reflected higher gasoline and other rising costs from the Iran war, and contributed to the latest 4.26% I bond rate. "I think 4.26% is very competitive," compared to Treasury bills or money market funds, said Enna, who doesn't expect inflation to ease within the next few months. As of May 4, most Treasur...
US Navy Destroyers Transit Hormuz Strait As Iranian Factions Reportedly Clash Over UAE Attacks; Pentagon Insists Ceasefire Still On Summary Pentagon addresses whether ceasefire over or violated: Caine says Iran's Monday operations were "all below the threshold of restarting major combat operations at this point . " Contradictory statements out of Tehran on UAE attack , amid reports of division bet...
US Navy Destroyers Transit Hormuz Strait As Iranian Factions Reportedly Clash Over UAE Attacks; Pentagon Insists Ceasefire Still On Summary Pentagon addresses whether ceasefire over or violated: Caine says Iran's Monday operations were "all below the threshold of restarting major combat operations at this point . " Contradictory statements out of Tehran on UAE attack , amid reports of division between IRGC & civilian leaders. Two US Navy destroyers transited the Strait of Hormuz and entered the Persian Gulf. Iranian Foreign Minister Abbas Araghchi travels to Beijing to discuss crisis with Chinese counterpart. Araghchi: "Events in Hormuz make clear that there's no military solution to a political crisis ." Will WTI Crude Oil (WTI) hit (HIGH) $130 in May? Yes 27% · No 74% View full market & trade on Polymarket * * * Is Ceasefire Over? Pentagon Answers Definitively In the Tuesday morning Pentagon presser led by War Secretary Pete Hegseth, Joint Chiefs Chair Gen. Dan Caine stated very clearly that the US views Monday's escalation (the attack on UAE and some vessels in the Strait of Hormuz) as actions which are "all below the threshold of restarting major combat operations at this point . " The Trump administration has argued that it doesn't have to seek congressional approval to continue military operations beyond a 60-day limit because there is a ceasefire in effect. But the question raised Monday is: does the fresh Iranian cross-Gulf mark the end of ceasefire? Clearly the Pentagon and Trump administration are saying no . "No adversary should mistake our current restraint for a lack of resolve," Caine then emphasized. Below are some of the latest top developments from various MSM sources: — Trump’s desire to end the Iran war is being put to the test after Tehran fired at American warships on Monday and violently disrupted a U.S. effort to revive shipping in the Strait of Hormuz. Still, Trump wants to avoid a fresh bombing campaign, officials say, preferring a negotiate...
Smaller biotech stocks often fly under the radar. Many of them aren't consistently profitable, but some can deliver outsize growth for investors. Axsome Therapeutics (NASDAQ: AXSM) is a mid-cap with only three approved therapies, while small-cap stock NovoCure (NASDAQ: NVCR) has approvals in four indications for its Tumor Treating Fields, and small-cap MBX Biosciences (NASDAQ: MBX) has several lat...
Smaller biotech stocks often fly under the radar. Many of them aren't consistently profitable, but some can deliver outsize growth for investors. Axsome Therapeutics (NASDAQ: AXSM) is a mid-cap with only three approved therapies, while small-cap stock NovoCure (NASDAQ: NVCR) has approvals in four indications for its Tumor Treating Fields, and small-cap MBX Biosciences (NASDAQ: MBX) has several late-stage therapies in its pipeline. I like their potential and believe the markets haven't fully digested recent positive news for the trio. Here's why I think each of these stocks could soar in 2026. Continue reading
Momentus ( NASDAQ: MNTS ) shares rose about 11% in the premarket trading on Tuesday after the company published a letter to shareholders outlining progress in contracts, revenue growth and balance sheet strength. The space infrastructure company said it expects 2026 revenue of about $10 million, up from $1.1 million in 2025, driven by contracts with NASA and the U.S. Department of Defense. Momentu...
Momentus ( NASDAQ: MNTS ) shares rose about 11% in the premarket trading on Tuesday after the company published a letter to shareholders outlining progress in contracts, revenue growth and balance sheet strength. The space infrastructure company said it expects 2026 revenue of about $10 million, up from $1.1 million in 2025, driven by contracts with NASA and the U.S. Department of Defense. Momentus also said it has retired its remaining convertible debt and now has no outstanding debt, while cash on hand stood at $26.2 million as of April 23, 2026. The company highlighted ongoing government contracts and said its Vigoride 7 spacecraft was launched on March 30, with its next mission in 2027 already fully subscribed. Source: Press Release More on Momentus Momentus announces pricing of $5M private placement of common stock Financial information for Momentus