Rep. Jim Jordan (R-OH) speaks to reporters as he arrives for a House Republican conference meeting on Capitol Hill on March, 6 2024 in Washington, DC. Kent Nishimura | Getty Images The House on Thursday passed on a vote of 261-111 a 45-day extension of a controversial foreign surveillance program , voting just as the program was set to expire. The Senate earlier Thursday unanimously passed the mea...
Rep. Jim Jordan (R-OH) speaks to reporters as he arrives for a House Republican conference meeting on Capitol Hill on March, 6 2024 in Washington, DC. Kent Nishimura | Getty Images The House on Thursday passed on a vote of 261-111 a 45-day extension of a controversial foreign surveillance program , voting just as the program was set to expire. The Senate earlier Thursday unanimously passed the measure, which will next go to President Donald Trump for his signature next. The president has urged Congress to reauthorize the program. Section 702 of the Foreign Intelligence Surveillance Act of 1978 allows the government to collect the communications of people outside the U.S., including when they are interacting with Americans. Opponents have argued that extending the program without amendments could lead to abuses and the U.S. government's spying on American citizens, while proponents say it's a crucial national security tool. The Senate had rejected a bipartisan House proposal to reauthorize the program for three years. That measure included unrelated language that would have banned the Federal Reserve from establishing a central bank digital currency. Senators from both parties opposed the digital currency language and instead pivoted to their own short-term solution for FISA, punting on broader negotiations until lawmakers return to Washington in mid-May after a scheduled recess. "This is not the outcome that any of us wanted for the FISA 702 program, but here we are," Rep. Jim Jordan , chair of the House Judiciary Committee, said during debate on the House floor on Thursday. "The 702 program is incredibly important for protecting our national security and advancing our interest abroad. This temporary extension will ensure that there is no disruption to the program while we work out our differences on a longer reauthorization," Jordan said. Read more CNBC politics coverage Republicans could still win the House in the 2026 midterm election: Scalise Democrats urge CFTC...
stockcam Reddit ( RDDT ) shares are rallying in Thursday’s after-hours on a sizeable top- and bottom-line beat and Q2 guidance that exceeded Wall Street’s expectations. Fueled by a 74% surge in advertising revenue, the company generated $663M in total revenue, an increase of 69% year-over-year, and more than $53M better than anticipated. User metrics showed constructive gains as well, as the numbe...
stockcam Reddit ( RDDT ) shares are rallying in Thursday’s after-hours on a sizeable top- and bottom-line beat and Q2 guidance that exceeded Wall Street’s expectations. Fueled by a 74% surge in advertising revenue, the company generated $663M in total revenue, an increase of 69% year-over-year, and more than $53M better than anticipated. User metrics showed constructive gains as well, as the number of daily average users (DAUs) in the U.S. increased by 7% to 53.5M and international DAUs increased 26% to 73.3M, resulting in a 17% gain of global DAUs to 126.8M versus 126.3M estimates. Additionally, average revenue per user (ARPU) was up 44% to $5.23, better than $5.05 expectations. The upbeat results led to a profit of $1.01 per share, an increase of 74% from the same quarter last year and $0.45 above estimates. For Q2, Reddit ( RDDT ) expects revenue to be within a range of $715M to $725M, with a midpoint of $720M that exceeds $714M estimates. Shares are 10% higher in postmarket trading, setting the stock up to trade higher on Friday after three days in the red. More on Reddit Reddit: Ultimate AI Contrarian Bet Few Want To Own, For Now Reddit: Q1 Earnings Should Mark An Inflection Point For Growth Quality Reddit Starting To Look Straight-Up Attractive At This Price Reddit GAAP EPS of $1.01 beats by $0.45, revenue of $663.41M beats by $53.63M Reddit Q1 2026 Earnings Preview
Stephen Brashear/Getty Images News Weyerhaeuser ( WY ) was trading lower as the Seattle, Washington-based REIT's Q1 profitability fell on a yearly basis, while the second quarter is expected to be largely comparable. Shares were trading 1.67% lower at $24.11 during after-market trading on Thursday. The timber REIT reported net earnings before special items of $0.11 per diluted share, compared to a...
Stephen Brashear/Getty Images News Weyerhaeuser ( WY ) was trading lower as the Seattle, Washington-based REIT's Q1 profitability fell on a yearly basis, while the second quarter is expected to be largely comparable. Shares were trading 1.67% lower at $24.11 during after-market trading on Thursday. The timber REIT reported net earnings before special items of $0.11 per diluted share, compared to a loss of $0.09 in the prior quarter and $0.11 in the first quarter of 2025. The metric exceeded the Visible Alpha consensus of $ 0.05. Net sales stood at $1.73B, compared to $1.54B in the fourth quarter of 2025 and $1.76B a year ago. The Q1 2026 figure surpassed the consensus of $1.72B. Adjusted EBITDA stood at $308M, up from the prior quarter's $140M but down from the year-ago level of $328M. The metric was above the $267.6M consensus. Segment-wise, Timberlands saw its adjusted EBITDA rise to $120M in Q1 2026 from $114M in Q4 2025. For the second quarter, the unit is expected to post an adjusted EBITDA comparable to Q1. Strategic Land Solutions saw its adjusted EBITDA rise to $193M from $95M. For the second quarter, the metric is expected to be ~$70M lower than the first quarter due to the absence of a large conservation easement transaction. Wood Products unit reported an adjusted EBITDA of $71M, compared to the previous quarter's loss of $20M. The Q2 adjusted EBITDA is expected to be comparable to the first quarter. "Despite elevated macroeconomic uncertainty, adjusted EBITDA improved across each of our business segments compared to fourth quarter 2025. In addition, we advanced key growth initiatives in our Wood Products business and made progress on actions to optimize our portfolio," said CEO Devin Stockfish. "Looking forward, we are encouraged by the recent increase in lumber pricing and are well positioned to navigate a range of market conditions. We maintain a favorable outlook for the longer-term demand fundamentals that support our businesses and remain focused on...
ehrlif/iStock Editorial via Getty Images For decades, the utility sector was pretty much an afterthought. As the quietest corner of the market, it wasn’t much more than a sector for those seeking steady passive income. But in recent years, the advent and rise of artificial intelligence has fundamentally changed this narrative. In the process, we’re witnessing the birth of the digital industrial ut...
ehrlif/iStock Editorial via Getty Images For decades, the utility sector was pretty much an afterthought. As the quietest corner of the market, it wasn’t much more than a sector for those seeking steady passive income. But in recent years, the advent and rise of artificial intelligence has fundamentally changed this narrative. In the process, we’re witnessing the birth of the digital industrial utility, where the boring reliability of a regulated grid intersects with the insatiable, high-margin demand of the AI revolution. My focus for today is on one of the regulated utilities making this technological transformation possible, DTE Energy Company ( DTE ). When I last covered DTE with a Buy rating in January , I was encouraged by a 1.4-gigawatt data center agreement with Oracle ( ORCL ). Its stable finances were another positive. Sealing the deal on my Buy rating, shares were somewhat undervalued. Three months later, I’m reaffirming my Buy rating. The latest positive development for DTE was the announcement of an agreement to power Alphabet’s ( GOOGL , GOOG ) new data center in Michigan. After rallying, the regulated utility looks to be the epitome of a quality business at fair value. Economic Development Is Powering Growth For DTE Energy DTE Energy Q1 2026 Earnings Presentation On April 30 th , DTE shared its financial results for the first quarter ended March 31 st , 2026. The company’s total operating revenue rose by 15.8% over the year-ago period to $5.14 billion in the quarter. That came in $706 million above Seeking Alpha’s analyst consensus during the quarter. What was behind this top-line surge for the first quarter? The answer was broad-based growth throughout the business, with both utility operations and non-utility operations fueling growth in the quarter. DTE’s Electric segment operating revenue climbed 19.5% higher year-over-year to $1.74 billion during the quarter. This was made possible by a combination of regulatory mechanisms, interconnection sales,...
More on Apple Apple: Tim Cook Exits At The Top Apple: A New Boss And A New And Higher Dividend (Rating Upgrade) Wall Street Brunch: Five Of The Mag 7 Ride Into Earnings Town Apple slips as iPhone revenue nears $57B during Q2; ups dividend, adds $100B buyback Apple raises dividend by 3.8% to $0.27, announces $100B buyback
More on Apple Apple: Tim Cook Exits At The Top Apple: A New Boss And A New And Higher Dividend (Rating Upgrade) Wall Street Brunch: Five Of The Mag 7 Ride Into Earnings Town Apple slips as iPhone revenue nears $57B during Q2; ups dividend, adds $100B buyback Apple raises dividend by 3.8% to $0.27, announces $100B buyback
Blue Owl Capital (NYSE:OWL) , an alternative asset manager and private credit firm, closed Thursday at $9.75, up 9.80%. The stock jumped after its Q1 2026 results topped expectations and went some way to easing private credit jitters. Trading volume reached 68.9 million shares, coming in about 100% above its three-month average of 34.4 million shares. Blue Owl Capital IPO'd in 2020 and has fallen ...
Blue Owl Capital (NYSE:OWL) , an alternative asset manager and private credit firm, closed Thursday at $9.75, up 9.80%. The stock jumped after its Q1 2026 results topped expectations and went some way to easing private credit jitters. Trading volume reached 68.9 million shares, coming in about 100% above its three-month average of 34.4 million shares. Blue Owl Capital IPO'd in 2020 and has fallen 9% since going public. The S&P 500 added 1.02% to finish at 7,209, while the Nasdaq Composite gained 0.89% to close at 24,892. Within asset management, industry peers Ares Management gained 5.90% to close at $117.4 and Blackstone finished up 4.80% at $125.58, reflecting broader strength in alternative managers. Continue reading
(Bloomberg) -- After a $300 billion AI debt binge that spanned every corner of the credit market, investors are starting to show some signs of fatigue.Most Read from BloombergUS Seeks to Deploy Hypersonic Missile for the First Time Against IranNorth Korea Confirms Suicide Rule for Soldiers Ukraine CapturesTwo NJ Malls Separated by Just Four Miles — and Very Different FatesJunior Bankers Sick of Gr...
(Bloomberg) -- After a $300 billion AI debt binge that spanned every corner of the credit market, investors are starting to show some signs of fatigue.Most Read from BloombergUS Seeks to Deploy Hypersonic Missile for the First Time Against IranNorth Korea Confirms Suicide Rule for Soldiers Ukraine CapturesTwo NJ Malls Separated by Just Four Miles — and Very Different FatesJunior Bankers Sick of Grunt Work Build $2 Billion AI Tool to Do the JobMake no mistake: There’s still appetite for those dea
Hamilton Insurance Group press release ( HG ): Q1 Non-GAAP EPS of $1.64 beats by $0.51 . Revenue of $758.91M (-1.3% Y/Y). Shares +1.34% AH. More on Hamilton Insurance Group Hamilton Insurance Group, Ltd. (HG) Q4 2025 Earnings Call Transcript Hamilton Insurance Group: Special Dividend Highlights Excellent Q4 (Upgrade) Hamilton Insurance Group, Ltd. 2025 Q4 - Results - Earnings Call Presentation Ham...
Hamilton Insurance Group press release ( HG ): Q1 Non-GAAP EPS of $1.64 beats by $0.51 . Revenue of $758.91M (-1.3% Y/Y). Shares +1.34% AH. More on Hamilton Insurance Group Hamilton Insurance Group, Ltd. (HG) Q4 2025 Earnings Call Transcript Hamilton Insurance Group: Special Dividend Highlights Excellent Q4 (Upgrade) Hamilton Insurance Group, Ltd. 2025 Q4 - Results - Earnings Call Presentation Hamilton signals measured growth with 55% attritional loss ratio guidance amid competitive market Seeking Alpha’s Quant Rating on Hamilton Insurance Group
Apple Drops After Mixed Results: America, Europe Revenue Miss; Iphone Sales Disappoint, But China Surges Again Ahead of today's AAPL earnings report, we've had a mixed picture from Mag 7 earnings so far: GOOGL soared to a record high, MSFT and AMZN both dropped (although they recovered much of their losses throughout the day) and META crashed, all on different reads of their capex. Which leaves AA...
Apple Drops After Mixed Results: America, Europe Revenue Miss; Iphone Sales Disappoint, But China Surges Again Ahead of today's AAPL earnings report, we've had a mixed picture from Mag 7 earnings so far: GOOGL soared to a record high, MSFT and AMZN both dropped (although they recovered much of their losses throughout the day) and META crashed, all on different reads of their capex. Which leaves AAPL to complete the picture of the big 5 megacaps (with NVDA set to report in a few weeks). As we previewed earlier, focus today will be on how soaring memory prices are impacting the company's profit margin, as well as hearing from new CEO John Ternus. With that in mind, here is what the company just reported for its fiscal second quarter: EPS $2.01 vs. $1.65 y/y, beating estimates of $1.96 Revenue $111.18 billion, +17% y/y, beating estimates of $109.66 billion Products revenue $80.21 billion, +17% y/y, beating estimates of $79.26 billion IPhone revenue $56.99 billion, +22% y/y, barely beating estimates of $56.98 billion Mac revenue $8.40 billion, +5.7% y/y, beating estimates of $8.13 billion IPad revenue $6.91 billion, +8% y/y, beating estimates of $6.65 billion Wearables, home and accessories $7.90 billion, +5% y/y, beating estimate $7.72 billion Services revenue $30.98 billion, +16% y/y, beating estimate of $30.37 billion Broken down by product... ... we see that iPhones remain the juggernaut, and coming at $56.99 billion, they just barely beat estimates of $56.98 billion. While Mac sales beat expectations modestly, pent up demand for the M5 MacBook Air, M5 Pro/Max MacBook Pro and of course the hot-selling MacBook Neo, should have resulted in a bigger beat. Perhaps it’s because the machines didn’t launch until late in the March quarter -- and the memory shortage. Looking across product lines, we saw annual growth in every segment, with a more than $10 billion year-over-year jump for the iPhone and a $4 billion increase on services. Growth in the other segments, like the ...
Keep this up and Crystal Palace’s European adventure could end in yet another trophy for Oliver Glasner. Four years ago it was Daichi Kamada who scored the winning goal for Glasner’s Eintracht Frankfurt in the first leg of their Europa League semi-final against West Ham and the Japan midfielder again provided the crucial moment here before setting up the substitute Jørgen Strand Larsen to ensure P...
Keep this up and Crystal Palace’s European adventure could end in yet another trophy for Oliver Glasner. Four years ago it was Daichi Kamada who scored the winning goal for Glasner’s Eintracht Frankfurt in the first leg of their Europa League semi-final against West Ham and the Japan midfielder again provided the crucial moment here before setting up the substitute Jørgen Strand Larsen to ensure Palace will head into next week’s second leg with a two-goal advantage. But they will know that this tie is far from over after a vibrant Shakhtar Donetsk side stuffed with Brazilian flair caused them plenty of problems before cancelling out Ismaïla Sarr’s opener after just 21 seconds – the fastest goal in Conference League history. The Senegal forward now has eight in 11 appearances so far in this competition and – like Kamada, who is out of contract at the end of the season and received a standing ovation from the Palace fans when he was taken off – is quickly cementing his status as a Palace legend. Continue reading...
Vista Gold press release ( VGZ ): Q1 “During the first quarter, we advanced key work programs supporting our 2026 objectives and closed a public offering for aggregate gross proceeds of $44.85 million, with net proceeds of $42.0 million. More on Vista Gold Vista Gold Corp. (VGZ) Q4 2025 Earnings Call Transcript Vista Gold outlines Mt Todd's $1.1B NPV5 and targets engineering start in 2027 amid exp...
Vista Gold press release ( VGZ ): Q1 “During the first quarter, we advanced key work programs supporting our 2026 objectives and closed a public offering for aggregate gross proceeds of $44.85 million, with net proceeds of $42.0 million. More on Vista Gold Vista Gold Corp. (VGZ) Q4 2025 Earnings Call Transcript Vista Gold outlines Mt Todd's $1.1B NPV5 and targets engineering start in 2027 amid expanded funding Vista Gold slides after launching $30M public stock offering Seeking Alpha’s Quant Rating on Vista Gold Historical earnings data for Vista Gold
AptarGroup press release ( ATR ): Q1 Non-GAAP EPS of $1.19 beats by $0.04 . Revenue of $982.9M (+10.8% Y/Y) beats by $26.96M . Aptar currently expects adjusted earnings per share for the second quarter of 2026 to be in the range of $1.32 to $1.40. This guidance assumes an effective tax rate range of 22.5% to 24.5%. The earnings per share guidance range is assuming a 1.18 Euro to USD exchange rate....
AptarGroup press release ( ATR ): Q1 Non-GAAP EPS of $1.19 beats by $0.04 . Revenue of $982.9M (+10.8% Y/Y) beats by $26.96M . Aptar currently expects adjusted earnings per share for the second quarter of 2026 to be in the range of $1.32 to $1.40. This guidance assumes an effective tax rate range of 22.5% to 24.5%. The earnings per share guidance range is assuming a 1.18 Euro to USD exchange rate. More on AptarGroup AptarGroup Isn't Ready For An Upgrade Just Yet AptarGroup, Inc. (ATR) Presents at 47th Annual Raymond James Institutional Investor Conference - Slideshow AptarGroup, Inc. (ATR) Presents at 47th Annual Raymond James Institutional Investor Conference Transcript AptarGroup Q1 2026 Earnings Preview Aptar appoints Gael Touya as CEO
(RTTNews) - Gaming platform operator Roblox Corporation (RBLX), Thursday reported first-quarter results, with net loss widening from last year despite strong revenue growth.
(RTTNews) - Gaming platform operator Roblox Corporation (RBLX), Thursday reported first-quarter results, with net loss widening from last year despite strong revenue growth.
The dollar index (DXY00 ) on Thursday tumbled to a 1.5-week low and finished down by -0.95%. Thursday’s +2% rally in the yen weighed on the dollar after the Nikkei reported that the Japanese government and the BOJ conducted yen-buying operations. Earlier on Thursday, Japanese Finance Minister Satsuki Katayama warned...
The dollar index (DXY00 ) on Thursday tumbled to a 1.5-week low and finished down by -0.95%. Thursday’s +2% rally in the yen weighed on the dollar after the Nikkei reported that the Japanese government and the BOJ conducted yen-buying operations. Earlier on Thursday, Japanese Finance Minister Satsuki Katayama warned...
From some perspectives, Tesla (NASDAQ: TSLA) looks outrageously expensive. For example, its shares trade at nearly 14 times sales. For comparison, Rivian , another popular electric vehicle (EV) stock , trades below 4 times sales. To be clear, I'm a big fan of Rivian. I think shares are ridiculously cheap with 1,000% upside potential . But I also think Tesla shares are cheaper than a first glance i...
From some perspectives, Tesla (NASDAQ: TSLA) looks outrageously expensive. For example, its shares trade at nearly 14 times sales. For comparison, Rivian , another popular electric vehicle (EV) stock , trades below 4 times sales. To be clear, I'm a big fan of Rivian. I think shares are ridiculously cheap with 1,000% upside potential . But I also think Tesla shares are cheaper than a first glance indicates. That's because the EV maker is chasing growth opportunities that few of its competitors can target. One opportunity in particular could add at least $1 trillion in value to the company's market cap, resulting in nearly 100% upside potential from today's prices. Continue reading
Fairfax Financial press release ( FRFHF ): Q1 GAAP EPS of $31.11 misses by $19.09 . Net premiums written by the property and casualty insurance and reinsurance operations increased by 4.2% to $7,058.0 million from $6,774.6 million, primarily reflecting strong growth in the International Insurers and Reinsurers reporting segment, driven mainly by growth in medical and motor lines at Gulf Insurance ...
Fairfax Financial press release ( FRFHF ): Q1 GAAP EPS of $31.11 misses by $19.09 . Net premiums written by the property and casualty insurance and reinsurance operations increased by 4.2% to $7,058.0 million from $6,774.6 million, primarily reflecting strong growth in the International Insurers and Reinsurers reporting segment, driven mainly by growth in medical and motor lines at Gulf Insurance from new business and rate increases, and growth in the Global Insurers and Reinsurers reporting segment, principally reflecting growth in key segments at Allied World and Brit. Book value per basic share at March 31, 2026 was $1,250.14 compared to $1,260.19 at December 31, 2025 (an increase of 0.5% adjusted for the $15 per common share dividend paid in the first quarter of 2026). More on Fairfax Financial Holdings Fairfax Financial Holdings Limited (FFH:CA) Shareholder/Analyst Call - Slideshow Fairfax Financial Holdings Limited (FFH:CA) Shareholder/Analyst Call Transcript Tracking Prem Watsa's Fairfax Financial Holdings Portfolio - Q4 2025 Update Fairfax to sell about half of its Poseidon stake for US$1.9B Key deals this week: Visa, Hims & Hers Health, Salesforce and more
TFS Financial press release ( TFSL ): Q2 GAAP EPS of $0.08. Revenue of $85.24M. Total assets increased $23.4 million, or less than 1%, to $17.48 billion at March 31, 2026 from $17.46 billion at September 30, 2025. The increase was mainly the result of increases in loans held for investment and other assets, partially offset by decreases in loans held for sale and investment securities available fo...
TFS Financial press release ( TFSL ): Q2 GAAP EPS of $0.08. Revenue of $85.24M. Total assets increased $23.4 million, or less than 1%, to $17.48 billion at March 31, 2026 from $17.46 billion at September 30, 2025. The increase was mainly the result of increases in loans held for investment and other assets, partially offset by decreases in loans held for sale and investment securities available for sale. Investment securities available for sale decreased $66.1 million, or 12.69%, to $454.6 million at March 31, 2026 from $520.7 million at September 30, 2025. This decrease was mainly due to the combined effect of cash flows from security repayments and maturities. During the six months ended March 31, 2026, a $50.0 million treasury security matured and was not replaced. Loans held for investment, net of allowance and deferred loan expenses, increased $79.0 million, or 0.5%, to $15.74 billion at March 31, 2026 from $15.66 billion at September 30, 2025. The increase was offset by a $52.6 million decrease in loans held for sale, which totaled $5.1 million at March 31, 2026. Home equity loans and lines of credit increased $424.4 million to $5.24 billion and the residential core mortgage loan portfolio decreased $339.8 million to $10.46 billion. More on TFS Financial Seeking Alpha’s Quant Rating on TFS Financial Historical earnings data for TFS Financial Dividend scorecard for TFS Financial Financial information for TFS Financial
Agents would not allow Pavel Talankin to carry statuette for Mr Nobody Against Putin onto flight from New York Sign up for the Breaking News US email to get newsletter alerts in your inbox The Oscar statuette belonging to Pavel Talankin, star and co-director of the Academy award-winning documentary Mr Nobody Against Putin , has disappeared after officials at New York’s John F Kennedy airport confi...
Agents would not allow Pavel Talankin to carry statuette for Mr Nobody Against Putin onto flight from New York Sign up for the Breaking News US email to get newsletter alerts in your inbox The Oscar statuette belonging to Pavel Talankin, star and co-director of the Academy award-winning documentary Mr Nobody Against Putin , has disappeared after officials at New York’s John F Kennedy airport confiscated it before he boarded a flight, claiming it could be used as a weapon. Talankin, whose documentation of Russia’s propaganda machine in grade schools won international acclaim, told Deadline that he has brought the statuette on several flights without incident. But when he arrived at JFK’s terminal 1 on Wednesday morning, Transportation Security Administration (TSA) agents said he could not take the 8.5lb trophy on board because it posed a security risk. Continue reading...