Csenge Advisory Group raised its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 108.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,529 shares of the semiconductor company's stock after purchasing an additional 4,948 shares during the quarter...
Csenge Advisory Group raised its holdings in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 108.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,529 shares of the semiconductor company's stock after purchasing an additional 4,948 shares during the quarter. Csenge Advisory Group's holdings in Taiwan Semiconductor Manufacturing were worth $2,896,000 at the end of the most recent quarter. A number of other hedge funds have also recently bought and sold shares of the business. Shannon River Fund Management LLC acquired a new stake in Taiwan Semiconductor Manufacturing during the third quarter valued at $2,430,000. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 9.4% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 101,876 shares of the semiconductor company's stock valued at $28,470,000 after buying an additional 8,738 shares during the last quarter. Hantz Financial Services Inc. lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 28.6% during the 3rd quarter. Hantz Financial Services Inc. now owns 37,216 shares of the semiconductor company's stock valued at $10,394,000 after buying an additional 8,284 shares during the last quarter. Meridian Wealth Management LLC lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 27.9% during the 4th quarter. Meridian Wealth Management LLC now owns 65,974 shares of the semiconductor company's stock valued at $20,049,000 after buying an additional 14,406 shares during the last quarter. Finally, Hollencrest Capital Management lifted its holdings in shares of Taiwan Semiconductor Manufacturing by 125.3% during the 3rd quarter. Hollencrest Capital Management now owns 5,216 shares of the semiconductor company's stock valued at $1,457,000 after buying an additiona...
Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 37,077 shares of the semiconductor company's stock, valued at approximately $11,267,000. Other inst...
Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 37,077 shares of the semiconductor company's stock, valued at approximately $11,267,000. Other institutional investors have also added to or reduced their stakes in the company. Stephens Consulting LLC increased its position in Taiwan Semiconductor Manufacturing by 82.0% during the 4th quarter. Stephens Consulting LLC now owns 91 shares of the semiconductor company's stock valued at $28,000 after purchasing an additional 41 shares during the period. Ares Financial Consulting LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing in the 4th quarter worth approximately $29,000. Maseco LLP purchased a new position in shares of Taiwan Semiconductor Manufacturing in the 4th quarter worth approximately $35,000. Westend Capital Management LLC grew its position in shares of Taiwan Semiconductor Manufacturing by 476.2% in the 4th quarter. Westend Capital Management LLC now owns 121 shares of the semiconductor company's stock worth $37,000 after buying an additional 100 shares during the last quarter. Finally, Navalign LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing in the 4th quarter worth approximately $39,000. Hedge funds and other institutional investors own 16.51% of the company's stock. Get TSM alerts: Sign Up Taiwan Semiconductor Manufacturing Stock Down 1.0% TSM stock opened at $392.16 on Wednesday. The firm has a 50 day moving average of $367.30 and a 200 day moving average of $336.35. The stock has a market capitalization of $2.03 trillion, a PE ratio of 32.63, a price-to-earnings-growth ratio of 1.16 and a beta of 1.39. The company has a quick ratio of 2.32, a current ratio of 2.49 and a debt-to-equity ratio of 0.16. Ta...
GSA Capital Partners LLP reduced its position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 42.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,104 shares of the electric vehicle producer's stock after selling 4,514 shares during the quarter. GSA Capital Partners LLP's holdings in Tesla were worth $2,745,000...
GSA Capital Partners LLP reduced its position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 42.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 6,104 shares of the electric vehicle producer's stock after selling 4,514 shares during the quarter. GSA Capital Partners LLP's holdings in Tesla were worth $2,745,000 as of its most recent SEC filing. Get Tesla alerts: Sign Up Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Networth Advisors LLC bought a new position in Tesla during the 4th quarter valued at $26,000. Davidson Capital Management Inc. lifted its position in shares of Tesla by 79.4% during the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer's stock valued at $27,000 after acquiring an additional 27 shares during the last quarter. Turning Point Benefit Group Inc. acquired a new stake in shares of Tesla during the 3rd quarter valued at $30,000. Prism Advisors Inc. acquired a new stake in shares of Tesla during the 4th quarter valued at $30,000. Finally, Texas Capital Bancshares Inc TX acquired a new stake in shares of Tesla during the 3rd quarter valued at $31,000. 66.20% of the stock is owned by institutional investors. Insiders Place Their Bets In other news, CFO Vaibhav Taneja sold 3,000 shares of the stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total value of $1,350,000.00. Following the completion of the sale, the chief financial officer owned 18,106 shares in the company, valued at $8,147,700. This represents a 14.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kathl...
灣仔樓上佛堂疑燒衣惹火 十多人自行疏散 無人受傷 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】灣仔一間樓上佛堂起火,初步無人受傷。 消防在佛堂射水灌救,有僧人向消防員了解。晚上9時許,克街一間樓上佛堂冒煙起火,...
灣仔樓上佛堂疑燒衣惹火 十多人自行疏散 無人受傷 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】灣仔一間樓上佛堂起火,初步無人受傷。 消防在佛堂射水灌救,有僧人向消防員了解。晚上9時許,克街一間樓上佛堂冒煙起火,消防到場將火救熄,十多人自行疏散。現場消息指,懷疑有人燒衣引起火警。
Company Logo The VR/AR/MR market is transitioning to mainstream use, reshaping industries like gaming, healthcare, and retail. Key opportunities include AI-powered smart glasses led by Meta's Ray-Ban Meta AI Glasses, enhanced by reduced device weight and improved design. Growth fueled by AI, display tech, and 5G expansion. Dublin, May 20, 2026 (GLOBE NEWSWIRE) -- The "The Global Virtual Reality (V...
Company Logo The VR/AR/MR market is transitioning to mainstream use, reshaping industries like gaming, healthcare, and retail. Key opportunities include AI-powered smart glasses led by Meta's Ray-Ban Meta AI Glasses, enhanced by reduced device weight and improved design. Growth fueled by AI, display tech, and 5G expansion. Dublin, May 20, 2026 (GLOBE NEWSWIRE) -- The "The Global Virtual Reality (VR), Augmented Reality (AR) and Mixed Reality (MR) Market 2026-2036" has been added to ResearchAndMarkets.com's offering. The global Virtual, Augmented, and Mixed Reality (VR/AR/MR) market is at a critical inflection point, rapidly shifting from niche technologies to mainstream consumer and enterprise use. Spanning industries such as gaming, entertainment, healthcare, manufacturing, and retail, these immersive technologies are transforming human-computer interactions. This expansive market includes a broad spectrum of hardware like head-mounted displays, smart glasses, and haptic controllers, supported by robust software platforms, content, and services driving these experiences. A key advancement in this sector is the advent of AI-powered smart glasses. Meta's strategic entry into this space with Ray-Ban Stories and subsequently Ray-Ban Meta AI Glasses has set the stage for significant growth in AI glasses shipments. With a comprehensive product line and focus on user experience, Meta is poised to lead a competitive field of tech giants and premium brands competing for dominance in this evolving industry. Since Meta's collaboration with EssilorLuxottica, the launch of Ray-Ban Stories marked the beginning of an innovative journey, laying the groundwork for their second-generation AI glasses released in 2023. While initial sales figures between 2021 and 2023 were modest, they facilitated essential partnerships and design enhancements. The Ray-Ban Meta AI Glasses represents a pivotal moment, with global shipments projected to rise from 410,000 units in 2023 to 5.1 million by 2...
(RTTNews) - Strauss Group Ltd. (SGLJF) reported earnings for its first quarter that Increases, from last year The company's earnings totaled NIS146 million, or NIS1.25 per share. This compares with NIS86 million, or NIS0.74 per share, last year. Excluding items, Strauss Group Ltd. reported adjusted earnings of NIS181 million or NIS1.55 per share for the period. The company's revenue for the period...
(RTTNews) - Strauss Group Ltd. (SGLJF) reported earnings for its first quarter that Increases, from last year The company's earnings totaled NIS146 million, or NIS1.25 per share. This compares with NIS86 million, or NIS0.74 per share, last year. Excluding items, Strauss Group Ltd. reported adjusted earnings of NIS181 million or NIS1.55 per share for the period. The company's revenue for the period rose 5.2% to NIS1.986 billion from NIS1.887 billion last year. Strauss Group Ltd. earnings at a glance (GAAP) : -Earnings: NIS146 Mln. vs. NIS86 Mln. last year. -EPS: NIS1.25 vs. NIS0.74 last year. -Revenue: NIS1.986 Bln vs. NIS1.887 Bln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
wildpixel/iStock via Getty Images The XAI Octagon Floating Rate & Alternative Income Trust ( XFLT ) is a closed-end fund designed to provide investors with diversified exposure to the floating-rate credit markets, allocating across both equity and debt collateralized loan obligations [CLOs], senior secured loans, and high-yield issuances. With growing economic uncertainty and the potential for a t...
wildpixel/iStock via Getty Images The XAI Octagon Floating Rate & Alternative Income Trust ( XFLT ) is a closed-end fund designed to provide investors with diversified exposure to the floating-rate credit markets, allocating across both equity and debt collateralized loan obligations [CLOs], senior secured loans, and high-yield issuances. With growing economic uncertainty and the potential for a transition in Federal Reserve interest rate policy in the coming year, XFLT may exhibit mixed performance on the back of higher potential cash flows offset by the expectation of higher default rates. Given the risks involved in the leveraged loan market, I am rating XFLT with a Hold rating. Investment Thesis for XFLT XFLT invests across a spectrum of floating-rate issuances, a risky asset class in the debt markets that exhibits significant sensitivity to interest rate policy. Accordingly, floating-rate issuances adjust the base rate, typically tied to the secured overnight financing rate [SOFR] plus a spread, meaning that the cash flows and interest earned on the loans will adjust in accordance with Federal Reserve interest rate policy. While this corner of the debt market has been less appealing in recent years throughout the interest rate easing cycle, newly emerging inflationary pressures may create the ideal market environment to utilize this portfolio. The rate of inflation may be back on the rise, with the April 2026 print coming in at 3.8%, driven primarily by higher energy prices. The leading factor for higher oil and natural gas prices is the current state of the Middle East tied to the war in Iran, which has effectively cut off the region from exporting oil and natural gas to the European and Asian markets. As a result, the US has been augmenting this lost capacity, exporting more oil to support Asian markets. While LNG export capacity is relatively more restrictive due to capacity constraints, the US has been increasingly supporting the global market due to strand...
Company Logo The global PFAS-free battery market, driven by European regulations, US actions, and commitments from major automotive and consumer-electronics firms like Apple and Tesla, presents significant growth opportunities. With the European Commission set to adopt REACH restrictions by 2027 and increasing US state-level mandates, the market for PFAS-free materials is poised to expand. The new...
Company Logo The global PFAS-free battery market, driven by European regulations, US actions, and commitments from major automotive and consumer-electronics firms like Apple and Tesla, presents significant growth opportunities. With the European Commission set to adopt REACH restrictions by 2027 and increasing US state-level mandates, the market for PFAS-free materials is poised to expand. The new report, "The Global PFAS-Free Battery Market 2026-2036," explores technologies, regulatory changes, and competitive strategies shaping this transition. Dublin, May 20, 2026 (GLOBE NEWSWIRE) -- The "The Global PFAS-Free Battery Market 2026-2036: Technologies, Regulation, Companies and Forecasts" report has been added to ResearchAndMarkets.com's offering. The Global PFAS-Free Battery Market 2026-2036: Technologies, Regulation, Companies and Forecasts provides a comprehensive analysis of the global PFAS-free battery materials, cells and packs market over 2026-2036, addressing the technologies, regulatory drivers, market sizing, and competitive landscape that will define this decade-long transition. The global PFAS-free battery market sits at the intersection of three converging forces: European regulation, US state and federal action, and procurement-led commitments from automotive and consumer-electronics offtakers. Lithium-ion battery manufacturing is among the most fluorochemistry-dependent of all modern industrial processes - a typical NMC pouch cell contains poly(vinylidene fluoride) as cathode binder, lithium hexafluorophosphate as the principal salt, fluoroethylene carbonate and other fluorinated additives, and increasingly PTFE in dry-electrode processing, with fluoropolymer coatings extending into separators, current-collector tabs, gaskets and pack-level fire-protection layers. Across an EV-grade NMC cell, total PFAS content typically falls between 1.5% and 3% by weight. The European Chemicals Agency's universal REACH restriction proposal, submitted by five Member S...
A biography of the creative force behind Mrs Merton and The Royle Family focuses on the stories behind her work From the 1990s until her tragically early death in 2016, Caroline Aherne was a fixture of British primetime television. This new study of her work reminds us of the punk spirit behind it all. Aherne was the deceptively vicious chatshow host Mrs Merton. She was the voice of Gogglebox, an ...
A biography of the creative force behind Mrs Merton and The Royle Family focuses on the stories behind her work From the 1990s until her tragically early death in 2016, Caroline Aherne was a fixture of British primetime television. This new study of her work reminds us of the punk spirit behind it all. Aherne was the deceptively vicious chatshow host Mrs Merton. She was the voice of Gogglebox, an expression of love for the medium she adored. She was the creator and star of The Royle Family, one of the most profound, realistic and beautiful sitcoms ever written for the British screen. She was one of the greats. David Scott’s first book, Mancunians, offered a portrait of his city through its notable people, one of whom was Aherne. In it, Scott argued that her home city had not done nearly enough to celebrate her, and this, his second book, is an attempt to redress the balance. She is, Scott writes, his biggest influence (he is a poet and presenter) and his favourite Mancunian of all time. When the idea of writing a proper biography was put to him, he declined, repelled by the idea of “raking over someone’s private life”. This rakes over the work instead, representing a comprehensive record of her output from the perspective of a true devotee. Continue reading...
Wilson lends his drawl to a dog who gains superpowers after being abducted by aliens in this frenetic animation In an ever more threadbare release schedule, there’s little in the way of a backup plan for any youngsters and parents shut out of The Mandalorian and Grogu . The major studios’ animation departments have already delivered the blockbusting likes of Hoppers , Goat and The Super Mario Gala...
Wilson lends his drawl to a dog who gains superpowers after being abducted by aliens in this frenetic animation In an ever more threadbare release schedule, there’s little in the way of a backup plan for any youngsters and parents shut out of The Mandalorian and Grogu . The major studios’ animation departments have already delivered the blockbusting likes of Hoppers , Goat and The Super Mario Galaxy Movie to multiplexes this spring, setting distributors scrabbling around to dig up filler material for kids’ matinee shows. If a new, Chinese-produced Tom and Jerry caper doesn’t spark undue enthusiasm, the most immediate family alternative would be this very ordinary Canadian digimation, featuring the voice of Owen Wilson as a dog with superpowers. Co-writer and director Shea Wageman earns some points for weirdness. The titular pooch is one of a menagerie of household pets beamed up one night for alien experimentation. (This PG-rated entertainment comes perilously close to busting out the probes.) Returned home with the ability to fly and speak in a recognisably Wilsonian drawl, Charlie resolves to use his superpowers for good – becoming, if you will, Bark Kent. This indulges in more of the movies’ virulent anti-cat propaganda: neighbour’s puss Puddy (Ruairi MacDonald) breaks bad, pledging to punish his now-cowering owner, and indeed humanity entire, for failing to empty his litter tray. Continue reading...
Every month a few dozen staff from some of São Paulo’s leading hospitals take time out of their busy schedules to visit food fairs where stallholders from more than 50 local farms display their produce. The aim is to strike deals that will supply the hospitals with organic vegetables, homemade bread and other locally made foods. Started in October 2023, the fairs are part of a revolutionary scheme...
Every month a few dozen staff from some of São Paulo’s leading hospitals take time out of their busy schedules to visit food fairs where stallholders from more than 50 local farms display their produce. The aim is to strike deals that will supply the hospitals with organic vegetables, homemade bread and other locally made foods. Started in October 2023, the fairs are part of a revolutionary scheme in São Paulo state to phase out ultra-processed foods (UPFs) from hospital menus in favour of healthier alternatives. “It’s not only cooks, nutritionists, meal planners and hospital management who attend the fairs but also nurses and doctors,” says Weruska Davi Barrios, a specialist in hospital nutrition at the University of São Paulo, the institution that has initiated the project. These events represent an opportunity for hospitals to fill their order books for vegetables, fruits, herbs and spices, and also to sample artisanal delicacies made from lesser-known plant species unique to Brazil’s remarkably diverse ecosystem. Many of them have been threatened by the degradation of rainforests and saved by the farmers. While Brazil’s hospitals have always attempted to use fresh vegetables and natural foods where possible, UPFs have increasingly worked their way into hospital menus in recent decades, despite accumulating evidence that they actively worsen health. One 2019 study estimated that 57,000 premature deaths in Brazil every year were being caused by UPFs. View image in fullscreen As well as selling fruit, vegetables and spices, the food fairs give hospital staff a chance to sample foods made from plant species unique to Brazil. Photograph: Núcleo ECCCo USP In the eyes of Ana Duran, an epidemiologist and associate professor at the University of Campinas, the availability of UPFs in hospitals is troubling. “We’re using our money from the national health system to buy ultra-processed foods,” she says. “It shouldn’t be something that we accept.” Yet it’s also a complex pro...
UK inflation fell to its lowest rate in more than a year, prompting traders to bet on fewer Bank of England interest-rate hikes even though economists expect price pressures to return. Bloomberg's Sam Unsted reports. (Source: Bloomberg)
UK inflation fell to its lowest rate in more than a year, prompting traders to bet on fewer Bank of England interest-rate hikes even though economists expect price pressures to return. Bloomberg's Sam Unsted reports. (Source: Bloomberg)
LONDON, May 20, 2026 /PRNewswire/ -- ZIGUP plc (LSE: ZIG), the leading integrated mobility solutions platform, today announces a strategic collaboration with Microsoft to accelerate its digital transformation through the adoption of advanced AI tools across its operations, supporting the next phase of the Group's strategic evolution. ZIGUP plc announces strategic collaboration with Microsoft Highl...
LONDON, May 20, 2026 /PRNewswire/ -- ZIGUP plc (LSE: ZIG), the leading integrated mobility solutions platform, today announces a strategic collaboration with Microsoft to accelerate its digital transformation through the adoption of advanced AI tools across its operations, supporting the next phase of the Group's strategic evolution. ZIGUP plc announces strategic collaboration with Microsoft Highlights: As a "Frontier Firm" the collaboration is aligned with ZIGUP's strategic ambition to modernise its mobility platform through technology and digital transformation, simplifying and scaling the business for growth Leverages the potential of ZIGUP's data and will generate further insights to sharpen decision making and enhance the customer experience Rollout of Microsoft 365 Copilot to around 3,500 employees across the Group, supported by a structured AI training and enablement programme for all colleagues Designed to drive simpler, faster and more responsive operations, enhancing customer service and supporting the Group's long-term ambitions & sustainable growth. The collaboration with Microsoft accelerates ZIGUP's ongoing digital transformation programme of adopting the latest technologies across branch operations, customer service and central functions. By embedding Microsoft 365 Copilot securely into day–to–day workflows, it will enable colleagues to focus on higher–value customer engagement, driving measurable improvements in productivity & delivering more responsive and higher–quality experiences for customers. Martin Ward, CEO of ZIGUP, said: "This strategic collaboration is a natural next step in our evolution as a group and it will accelerate our ongoing programme of adopting the latest technologies across the business, both in branch operations and central services. "We're building a business that is simpler, faster and more responsive to customer needs and AI has the potential to be a key enabler of that. Combining our expertise with Microsoft, we're scaling...
Nikkon Holdings Co. is considering going private and the Japanese logistics company is preparing to hold a first round of bidding in early June, according to people familiar with the matter. Several US investment funds including Bain Capital LP, Warburg Pincus LLC and Blackstone Inc. are expected to take part in the bidding, said the people, who asked not to be identified discussing confidential i...
Nikkon Holdings Co. is considering going private and the Japanese logistics company is preparing to hold a first round of bidding in early June, according to people familiar with the matter. Several US investment funds including Bain Capital LP, Warburg Pincus LLC and Blackstone Inc. are expected to take part in the bidding, said the people, who asked not to be identified discussing confidential information. Tokyo-based Nikkon has selected financial advisers for the privatization process and has also set up a special committee made up of outside directors to consider the matter, according to the people. The company plans to hold a second round of bidding in August, the people said. Spokespeople for Warburg Pincus and Blackstone declined to comment. Nikkon and Bain representatives weren’t immediately available to comment.
Gerber Compares Daimler Mistake To Blockbuster "This is true. When we first bought Tesla in 2013 we thought Mercedes would just buy them out," Gerber wrote on X. "This Mercedes mistake is as bad as the blockbuster Netflix error." His post quoted a Tesla Tracker account saying Daimler's 2009 Tesla stake would now be worth $130 billion, or roughly a 2,600-fold return. Daimler Sold Tesla Stake Years ...
Gerber Compares Daimler Mistake To Blockbuster "This is true. When we first bought Tesla in 2013 we thought Mercedes would just buy them out," Gerber wrote on X. "This Mercedes mistake is as bad as the blockbuster Netflix error." His post quoted a Tesla Tracker account saying Daimler's 2009 Tesla stake would now be worth $130 billion, or roughly a 2,600-fold return. Daimler Sold Tesla Stake Years Too Early Reuters reported that Daimler sold its remaining 4% stake in Tesla in 2014, booking a $780 million windfall. The sale gave Daimler a large profit but left behind an even larger opportunity cost as Tesla later became one of the world's most valuable automakers. Legacy Automakers Missed Early EV Upside Tesla's current market value is about $1.5 trillion, according to Benzinga Pro, meaning a 9% to 10% holding would be worth roughly $136 billion to $150 billion before accounting for dilution, structure or any earlier partial sales. Gerber, notably, has made the comparison before. A May 2023 report reveals that he called Daimler's decision "Worse than Blockbuster not buying Netflix early." Benzinga Edge Rankings show that Tesla stock scores well on the Growth and Quality metrics. It also offers a favorable price trend in the Short and Long Term. Photo: Jonathan Weiss / Shutterstock.com
The drop in inflation occurred despite the rise in fuel prices due to the Iran war. The average price of petrol was 156.8p per litre last month, according to the ONS, the highest since November 2022. Diesel prices rose by more than 30p in April to take the average price to 190p per litre, the highest average since July 2022.
The drop in inflation occurred despite the rise in fuel prices due to the Iran war. The average price of petrol was 156.8p per litre last month, according to the ONS, the highest since November 2022. Diesel prices rose by more than 30p in April to take the average price to 190p per litre, the highest average since July 2022.
Jacob Wackerhausen/iStock via Getty Images Clover Health Investments, Corp. ( CLOV ) has really changed a lot in the last six months. Lately people are looking at it as a possible turnaround story that actually makes sense. Back on March, I had it rated Strong Buy because I thought people were too negative about whether Clover’s main insurance business could work, especially with all the problems ...
Jacob Wackerhausen/iStock via Getty Images Clover Health Investments, Corp. ( CLOV ) has really changed a lot in the last six months. Lately people are looking at it as a possible turnaround story that actually makes sense. Back on March, I had it rated Strong Buy because I thought people were too negative about whether Clover’s main insurance business could work, especially with all the problems going on in Medicare Advantage in general. Since then, the stock jumped 82%. Clover then reported positive GAAP net income in Q1 2026 and the stock subsequently rose. The size and staying power of the move shows people are rethinking what Clover’s worth, especially after the first quarter results came out and management stuck to their full-year forecast . Clover’s story right now really comes down to three main things. First is actually making a profit: in Q1 2026, Clover reported its first-ever positive GAAP net income, $27 million. Adjusted EBITDA came in at $40 million and gross profit hit $160 million on $749 million in revenue. Compared to a year ago, revenue was up 62% and gross profit up 47%. Adjusted SG&A as a percentage of total revenues improved by about 210 basis points year over year, which means the company is getting more efficient as it grows. Management is still saying they expect full-year 2026 revenues between $2.81 and $2.92 billion, gross profit between $470 and $510 million, adjusted EBITDA of $50-70 million and net income anywhere from break-even to $20 million. These aren’t just numbers that look good on paper, Clover finally seems like it’s heading toward steady profits that actually fit the business model. CLOV Membership And Cohorts Medicare Advantage membership jumped 51% from last year, hitting 155,773 at the end of the quarter. The company thinks that number will average somewhere between 154,000 and 158,000 in 2026. That’s a pretty clear signal people think Clover’s plans are worth it, even though the broader Medicare Advantage market is dealin...