Earnings Call Insights: Labcorp (LH) Q1 2026 Management View "We are off to a strong start in 2026 with continued momentum in both our Diagnostics and Central Laboratory businesses" (President, CEO & Chairman Adam Schechter), adding that "revenue reached $3.5 billion, increasing 6%" and that "adjusted earnings per share grew
Earnings Call Insights: Labcorp (LH) Q1 2026 Management View "We are off to a strong start in 2026 with continued momentum in both our Diagnostics and Central Laboratory businesses" (President, CEO & Chairman Adam Schechter), adding that "revenue reached $3.5 billion, increasing 6%" and that "adjusted earnings per share grew
Earnings Call Insights: Intercontinental Exchange (ICE) Q1 2026 Management View Adjusted results were framed as a record quarter, with Chief Financial Officer Warren Gardiner saying, "I'll begin on Slide 4 with our first quarter results, which represented the strongest quarter in ICE's history. First
Earnings Call Insights: Intercontinental Exchange (ICE) Q1 2026 Management View Adjusted results were framed as a record quarter, with Chief Financial Officer Warren Gardiner saying, "I'll begin on Slide 4 with our first quarter results, which represented the strongest quarter in ICE's history. First
Earnings Call Insights: Verano Holdings Corp. (VRNO:CA) Q1 2026 Management View "Before outlining our first quarter results, I would like to acknowledge last week's transformative announcement that state licensed medical cannabis has been rescheduled to Schedule III with immediate effect." (Founder, Chairman, CEO & President George
Earnings Call Insights: Verano Holdings Corp. (VRNO:CA) Q1 2026 Management View "Before outlining our first quarter results, I would like to acknowledge last week's transformative announcement that state licensed medical cannabis has been rescheduled to Schedule III with immediate effect." (Founder, Chairman, CEO & President George
Earnings Call Insights: NCS Multistage Holdings, Inc. (NCSM) Q1 2026 Management view “Revenue for the first quarter of $45.6 million was slightly more than $5 million below the midpoint of our prior guidance.” (CEO & Director Ryan Hummer) “A high
Earnings Call Insights: NCS Multistage Holdings, Inc. (NCSM) Q1 2026 Management view “Revenue for the first quarter of $45.6 million was slightly more than $5 million below the midpoint of our prior guidance.” (CEO & Director Ryan Hummer) “A high
Earnings Call Insights: MGIC Investment Corporation (MTG) Q1 2026 Management view CEO Timothy Mattke said, "I'm pleased to report a strong start to 2026 as we continue to execute our business strategies while maintaining the momentum we have built over the
Earnings Call Insights: MGIC Investment Corporation (MTG) Q1 2026 Management view CEO Timothy Mattke said, "I'm pleased to report a strong start to 2026 as we continue to execute our business strategies while maintaining the momentum we have built over the
A new reboot of the 1999 horror hit will feature two of the original stars and the directing team as executive producers The reboot of The Blair Witch Project will now boast those involved with the original as producers after they voiced their frustration. The 1999 indie smash was made for $35,000 but made $248m, becoming one of the most profitable films ever made. Continue reading...
A new reboot of the 1999 horror hit will feature two of the original stars and the directing team as executive producers The reboot of The Blair Witch Project will now boast those involved with the original as producers after they voiced their frustration. The 1999 indie smash was made for $35,000 but made $248m, becoming one of the most profitable films ever made. Continue reading...
Douglas Rissing The Federal Reserve’s decision to hol d interest rates steady this week came with an unusually fractured vote that revealed deeper divisions over the central bank’s forward guidance. The 8-4 split was the most divided Federal Open Market Committee (FOMC) decision since 1992. Three
Douglas Rissing The Federal Reserve’s decision to hol d interest rates steady this week came with an unusually fractured vote that revealed deeper divisions over the central bank’s forward guidance. The 8-4 split was the most divided Federal Open Market Committee (FOMC) decision since 1992. Three
The US Justice Department plans to file an appeal by Monday against a federal judge’s ruling that blocked prosecutors from using grand jury subpoenas during their investigation into building-cost overruns by the Federal Reserve . Justice Department officials, led by US Attorney Jeanine Pirro , have said they need to appeal US District Chief Judge James Boasberg ’s quashing of two grand jury subpoe...
The US Justice Department plans to file an appeal by Monday against a federal judge’s ruling that blocked prosecutors from using grand jury subpoenas during their investigation into building-cost overruns by the Federal Reserve . Justice Department officials, led by US Attorney Jeanine Pirro , have said they need to appeal US District Chief Judge James Boasberg ’s quashing of two grand jury subpoenas because, if allowed to stand, it would undercut a key investigative tool for prosecutors. “There’s no question but that we will appeal,” Pirro said Thursday during an interview on Fox News’ America’s Newsroom . “When a federal judge believes that he can stand in front of the door to the grand jury and prevent a prosecutor from going in, when the United States Supreme Court has said the prosecutor can go in on suspicions or rumor, we’ve got to appeal that decision.” The appeal will be sought even though Pirro, who is the US attorney for the District of Columbia, announced last week she had shut down the investigation into the central bank and Chair Jerome Powell . The investigation had the backing of President Donald Trump . But it was shut down following intense pressure from critics, including Republican senators who said they wouldn’t vote to confirm Trump’s pick to be the next chairman of the Fed, Kevin Warsh , until the case was dropped. After Pirro shut down the investigation, key senators including Republican Thom Tillis of North Carolina voted to advance Warsh’s nomination. A confirmation vote by the full Senate is expected the week of May 11. Powell said Wednesday that due to legal attacks on the central bank he will stay on the Fed board after his term as chair ends on May 15. Tillis said during an April 26 interview on NBC’s Meet the Press that it was his understanding the appeal would be narrow and not intended to reopen the investigation into the Federal Reserve and Powell. “There may be some confusion because they’re moving forward with the appeal,” Tillis ...
DeSantis Rolls Out Redistricting Map - Partisan Framing May Put It In Legal Peril Florida Gov. Ron DeSantis rolled out a proposed redistricting map for the state this week, but the way he did it could give ammunition to lawyers mounting inevitable legal challenges that will follow the map's expected approval by the legislature, both Democratic and Republican observers say. Some Republican legislat...
DeSantis Rolls Out Redistricting Map - Partisan Framing May Put It In Legal Peril Florida Gov. Ron DeSantis rolled out a proposed redistricting map for the state this week, but the way he did it could give ammunition to lawyers mounting inevitable legal challenges that will follow the map's expected approval by the legislature, both Democratic and Republican observers say. Some Republican legislators are uneasy with DeSantis' rollout of the plan -- which he shared with Fox News before he shared it with them. Today, Republicans hold 20 of Florida's US House seats, compared to 8 held by Democrats. Under the DeSantis plan, the GOP could have a 24-4 advantage . DeSantis gave Fox News a map of his proposed new districts, depicting anticipated party control after the midterms. The format of that map could prove legally fatal to the scheme. The Florida constitution contains anti-gerrymandering "Fair District" provisions that seek to prevent partisan "intent." A Florida Republican consultant who's participated in previous redistricting efforts expressed surprise at the DeSantis team's use of a color-coded map, telling NBC News , “This is wild. I don’t know how you can argue a red and blue map released from the governor’s office doesn’t show some form of partisan intent.” DeSantis told Fox News that new districts are needed after Florida was "shortchanged" in the 2020 census that determines each state's number of House seats. In a memo to lawmakers, DeSantis also signaled his new map will be an attempt to force reconsideration of the Fair Districts provisions in the state Constitution. The language requires the consideration of race when drawing new political lines, which DeSantis says is unconstitutional. - NBC Some Republicans are uneasy about the proposed districts. To create new GOP opportunities, some Republican-rich neighborhoods have been removed from current Republican districts , amping up the pressure on the incumbents who hold them, at a time when President Trump'...
Three Wall Street firms lifted their price targets on Qualcomm (NASDAQ:QCOM) stock to $160 on Thursday, April 30, following the chipmaker’s fiscal second quarter (Q2 FY2026) report. Citi, JPMorgan, and Wells Fargo all raised their targets, yet each kept their ratings at Neutral or Equal Weight. The unanimous price target raise to $160 reflects optimism ... Wall Street Lifts Qualcomm Price Target t...
Three Wall Street firms lifted their price targets on Qualcomm (NASDAQ:QCOM) stock to $160 on Thursday, April 30, following the chipmaker’s fiscal second quarter (Q2 FY2026) report. Citi, JPMorgan, and Wells Fargo all raised their targets, yet each kept their ratings at Neutral or Equal Weight. The unanimous price target raise to $160 reflects optimism ... Wall Street Lifts Qualcomm Price Target to $160 on AI Ramp: Is the Hyperscaler Catalyst Real?
With the US-Iran standoff keeping energy prices at levels that threaten the economy, investors have plenty of risks to worry about when analyzing possible outcomes that could damage portfolios. Yet focusing too much on what can go wrong exposes investors to another big risk: Missing out on further gains if the stock market keeps ripping higher and higher. That type of outcome is often referred to ...
With the US-Iran standoff keeping energy prices at levels that threaten the economy, investors have plenty of risks to worry about when analyzing possible outcomes that could damage portfolios. Yet focusing too much on what can go wrong exposes investors to another big risk: Missing out on further gains if the stock market keeps ripping higher and higher. That type of outcome is often referred to as a right-tail risk, due to where it lands on a bell curve. For Ohsung Kwon , chief equity strategist at Wells Fargo & Co., there’s a simple way to manage that risk: Buy the Nasdaq 100 Index . It’s a trade that’s worked wonders this year as renewed exuberance for artificial intelligence has pushed the index dominated by mega-cap tech stocks up more than 8% since early January. But it’s being put to the test again, following a hectic deluge of earnings reports that landed with a thud in less than two minutes after the close of regular trading on Wednesday. As the dust settles, questions are once again arising about the market’s near-term sentiment for the mega-cap names. As Kwon put it in a note on Monday, the AI cycle has reached an “inflection point” as it matures from a focus on capital expenditures to questions on how well all that spending will be monetized. “Over the past two years, the AI cycle was really being driven by a capex-led bull market,” said Kwon. “I think now we are starting to move into a monetization-led bull market, which I think is actually healthier for the AI cycle overall.” By most measures, the results from Alphabet Inc. , Amazon.com Inc. , Meta Platforms Inc. and Microsoft Corp. were strong, but the share moves were mixed, owing to how much progress has been made on AI efforts. Bloomberg’s gauge for the Magnificent Seven fell 1.4% at 12:32 p.m. in New York in its third day of losses. Yet skepticism around the level of spending on AI has become a bugbear for traders, who have become fatigued over the technology and worried that it will not deliver ...