Gerdau ( GGB ) declares $0.0361/share quarterly dividend. Payable June 16; for shareholders of record May 15; ex-div May 15. See GGB Dividend Scorecard, Yield Chart, & Dividend Growth. More on Gerdau Gerdau S.A. (GGB) Q1 2026 Earnings Call Transcript Gerdau S.A. 2026 Q1 - Results - Earnings Call Presentation Gerdau: Up, And Back Down Again In 2026E (Rating Upgrade) Ternium raised to Buy at BofA as...
Gerdau ( GGB ) declares $0.0361/share quarterly dividend. Payable June 16; for shareholders of record May 15; ex-div May 15. See GGB Dividend Scorecard, Yield Chart, & Dividend Growth. More on Gerdau Gerdau S.A. (GGB) Q1 2026 Earnings Call Transcript Gerdau S.A. 2026 Q1 - Results - Earnings Call Presentation Gerdau: Up, And Back Down Again In 2026E (Rating Upgrade) Ternium raised to Buy at BofA as 'solid option' to play U.S. flat steel Gerdau upgraded, Ternium downgraded at Scotiabank in steelmaker rating swap
BalkansCat/iStock Editorial via Getty Images Franklin Resources ( BEN ) was upgraded at Barclays after the second-quarter earnings release on improving fundamentals. Shares were 2.00% higher at $30.05 after the market opened on Wednesday. The asset manager reported FQ2 non-GAAP EPS of $0.71, which beats analyst estimates by $0.16, and revenue of $2.29B (+8.5% Y/Y), which exceeds the consensus by $...
BalkansCat/iStock Editorial via Getty Images Franklin Resources ( BEN ) was upgraded at Barclays after the second-quarter earnings release on improving fundamentals. Shares were 2.00% higher at $30.05 after the market opened on Wednesday. The asset manager reported FQ2 non-GAAP EPS of $0.71, which beats analyst estimates by $0.16, and revenue of $2.29B (+8.5% Y/Y), which exceeds the consensus by $240M. "Following several quarters of improving fundamentals, particularly versus traditional asset manager peers, we are upgrading BEN to Equal Weight (previously Underweight)," said analyst Benjamin Budish. The upgrade considers strong Alts fundraising and performance, improving overall net flows, and expense discipline. The price target was raised to $31.00, 19% higher than the prior target of $26.00. Barclays' rating aligns with the sell-side analysts and Seeking Alpha Quant rating of Hold. SA authors grade the stock as Sell. More on Franklin Resources Franklin Resources, Inc. (BEN) Q2 2026 Earnings Call Transcript Franklin Resources, Inc. 2026 Q2 - Results - Earnings Call Presentation Franklin Resources: March AUM Data Is A Potential Warning Sign Franklin Templeton expects $830m comp and mid- to high 37s effective fee rate in Q3, while targeting $25b-$30b private markets fundraising Franklin Resources Non-GAAP EPS of $0.71 beats by $0.16, revenue of $2.29B beats by $240M
The lawsuits, filed in California, accuse OpenAI and Sam Altman of negligence and abetting a mass shooting by failing to flag the suspect's ChatGPT activity.
The lawsuits, filed in California, accuse OpenAI and Sam Altman of negligence and abetting a mass shooting by failing to flag the suspect's ChatGPT activity.
Federal Reserve policymakers will make their latest decision on interest rates at 2 p.m. ET Wednesday, and it is likely to be the last such call under Jerome Powell 's leadership. The market widely anticipates that policymakers will hold rates in a range of 3.5% to 3.75% as they closely monitor the labor market and inflation, which has stubbornly held above the central bank's 2% target. Powell wil...
Federal Reserve policymakers will make their latest decision on interest rates at 2 p.m. ET Wednesday, and it is likely to be the last such call under Jerome Powell 's leadership. The market widely anticipates that policymakers will hold rates in a range of 3.5% to 3.75% as they closely monitor the labor market and inflation, which has stubbornly held above the central bank's 2% target. Powell will hold a news conference at 2:30 p.m. ET. One closely watched detail will be whether he says if he'll stay on to serve the rest of his term. Although his term as chair expires on May 15, he could continue to serve as a Fed governor in order to ensure the Fed's independence. It also could be a big day for Powell's anticipated successor. Kevin Warsh 's nomination as Fed chair is expected to be advanced from the Senate Banking committee Wednesday morning. Follow live coverage of the day's events here. 19 Min Ago Will Powell stay or will he go? U.S. Federal Reserve Chair Jerome Powell speaks as he holds a press conference following a two-day meeting of the Federal Open Market Committee (FOMC), at the U.S. Federal Reserve in Washington, D.C., U.S., Dec. 10, 2025. Kevin Lamarque | Reuters One lingering question is whether Jerome Powell will step down when his term as Fed chair ends. This has typically been the custom, but Powell could be motivated to remain as a governor to ensure that the central bank's independence remains on solid ground. Powell's term as governor doesn't expire until January 2028, and he could leave at any time before then. U.S. attorney Jeanine Pirro recently abandoned a criminal investigation of Powell in order to clear the way for confirmation of Kevin Warsh, President Donald Trump's nominee. Instead, Pirro said her office asked the Fed's inspector general to investigate cost overruns in the multibillion-dollar renovation of the central bank's headquarters in Washington. Trump has been vocal like none of his predecessors when it comes to badgering the cent...
Jonathan Kitchen Nearly a quarter of global jobs were exposed to artificial intelligence, with risks concentrated in advanced economies, according to Bank of America Global Research. About 24% of jobs worldwide, or roughly 838 million roles, were estimated to be affected by generative AI, the note said. Exposure varied sharply by income level. High-income economies had the greatest share at 33.5%,...
Jonathan Kitchen Nearly a quarter of global jobs were exposed to artificial intelligence, with risks concentrated in advanced economies, according to Bank of America Global Research. About 24% of jobs worldwide, or roughly 838 million roles, were estimated to be affected by generative AI, the note said. Exposure varied sharply by income level. High-income economies had the greatest share at 33.5%, reflecting a larger concentration of non-routine cognitive roles, while low-income countries saw exposure closer to 11%. Younger workers, women, and higher-educated employees were identified as the most exposed groups. The report said AI could deliver significant productivity gains, particularly in richer economies where adoption is likely to be faster. However, it warned that these gains may not be evenly distributed, with firms leading the development and deployment of AI expected to capture a disproportionate share, potentially widening income and regional inequalities. Despite concerns, the note said fears of widespread job losses may be overstated. Drawing on historical examples such as the Industrial Revolution and the rise of the internet, it said technological disruption had typically led to the creation of new roles over time, even as older ones disappeared. Artificial Intelligence ETFs: ( AIQ ), ( BOTZ ), ( DTEC ), ( WTAI ), ( XAIX ), ( WISE ), ( GINN ), ( ROBT ), ( TECB ), ( XT ), ( THNQ ), and ( CHAT ). More on tech Big Tech Earnings Preview: The AI Supercycle Meets Reality 5 Downsides To The AI Revolution Software Is 2026's Strongest Buy Opportunity: Here's Why OpenAI woes present buying opportunity for AI investors - analyst Weekly ETF flows: Four of 11 sectors record outflows; technology sector leads inflows
To do our job, investigative journalists are learning to work across borders. This isn’t just about the truth, it’s about staying alive Laurent Richard is a journalist and the director of the Forbidden Stories consortium In February 2025, the body of journalist Viktoriia Roshchyna was finally returned to Ukraine after months of uncertainty. She was one of 757 Ukrainian casualties handed over by Ru...
To do our job, investigative journalists are learning to work across borders. This isn’t just about the truth, it’s about staying alive Laurent Richard is a journalist and the director of the Forbidden Stories consortium In February 2025, the body of journalist Viktoriia Roshchyna was finally returned to Ukraine after months of uncertainty. She was one of 757 Ukrainian casualties handed over by Russian authorities as part of an exchange of prisoners and the dead. Roshchyna had disappeared in the summer of 2023 while reporting from the Russian-occupied territories in Ukraine. When her body was examined, parts were missing : her eyeballs, her brain, her larynx – possibly removed to conceal the signs of how she died. Preliminary forensics suggest “numerous signs of torture”, according to the Ukrainian prosecutor. Laurent Richard is a journalist and the director of the Forbidden Stories consortium Continue reading...
JetBlue Plans 30-40% "Fuel Recapture" Fare Hikes, Capacity Cuts To Cover Rising Costs Thanks to the war in Iran, JetBlue Airlines is passing the cost along to us - announcing during Q1 earnings on Tuesday that while the airline had strong revenue performance, prices are going up due to rising fuel costs. A JetBlue Embraer 190 taxis on the tarmac at Ronald Reagan Washington National Airport in Arli...
JetBlue Plans 30-40% "Fuel Recapture" Fare Hikes, Capacity Cuts To Cover Rising Costs Thanks to the war in Iran, JetBlue Airlines is passing the cost along to us - announcing during Q1 earnings on Tuesday that while the airline had strong revenue performance, prices are going up due to rising fuel costs. A JetBlue Embraer 190 taxis on the tarmac at Ronald Reagan Washington National Airport in Arlington, Va., on June 29, 2021. Daniel Slim/AFP via Getty Images "While the macro environment, particularly fuel, has become more volatile, we are taking decisive actions to manage what is within our control, including adjusting capacity, optimizing revenue, and maintaining disciplined cost control," said CEO Joanna Geraghty. " At the same time, we are seeing clear evidence that JetForward is on track and working, and we remain confident it is the right plan to transform our business and get us closer to our financial priorities. " As the Epoch Times notes further, JetForward is the airline’s turnaround strategy introduced in 2024, concentrating flights between the Northeast and leisure destinations such as Florida and the Caribbean. This announcement follows last month’s notice that the airline would increase checked baggage fees by at least $10. Going forward, JetBlue named specific actions it will take to deal with increased fuel costs, including 30 percent to 40 percent “fuel recapture” pricing during the second quarter , rising to 100 percent by early 2027. Using this strategy, the airline plans to offset the escalating costs by recovering those expenses through higher ticket prices, fees, and other adjustments. The airline also intends to cut its flight capacity, with the reductions focused on off-peak travel periods, and implement additional cost-saving measures. It revealed that the average fuel price during the first quarter was $2.96 per gallon—an increase of $0.39 per gallon year over year, or a 15.2 percent increase. Its first quarter 2026 system capacity also dec...
JHVEPhoto/iStock Editorial via Getty Images Shares of chip test and robotics product maker Teradyne ( TER ) tumbled about 15% on Wednesday as analysts mulled investor expectations on guidance. UBS kept its Buy rating on the shares with a $440 price target. "The stock is trading down on this guidance , but the move will ultimately depend almost entirely on the commentary tomorrow on C2H:26 (TER nee...
JHVEPhoto/iStock Editorial via Getty Images Shares of chip test and robotics product maker Teradyne ( TER ) tumbled about 15% on Wednesday as analysts mulled investor expectations on guidance. UBS kept its Buy rating on the shares with a $440 price target. "The stock is trading down on this guidance , but the move will ultimately depend almost entirely on the commentary tomorrow on C2H:26 (TER needs to raise - we model down ~10% H/H vs prior implication of down ~20% H/H), the longer-term trajectory of the semi test TAM, and any new commentary on key opportunities like NVDA or AMZN Robotics. Net, we continue to encourage investors here to zoom out and look at the big picture where we see overall test intensity rising considerably across the chip industry," said analysts led by Timothy Arcuri in an April 28 research note. The analysts added that on a much higher semiconductor revenue base, this should drive the semiconductor test Total Addressable Market, or TAM, much higher in the coming years, making the incessant focus on market share here probably too myopic. "Revenue/EPS guide of $1.20B/$2.00 (midpt) was just a touch above UBSe/Street and commentary in the release implies continued momentum across all of SoC Test ("strong year-over-year growth which we expect to continue with robust AI-driven momentum as the catalyst"). The implied guidance for GM seems to be in the ~57.5% range (down ~350bps Q/Q). We find this to be a bit odd unless something exogenous is at play, like AAPL coming back in a big way. This seems unlikely though because revenue guidance is not a whole lot better than TER soft guided coming out of last Q when it was clearly not baking much of an uptick in for AAPL. Lastly, we have never seen DRAM as a big portion of input costs (like KLAC, for example) so that also seems like an unlikely explanation," said Arcuri and his team. More on Teradyne Teradyne, Inc. 2026 Q1 - Results - Earnings Call Presentation Teradyne: From Cyclical Tester To AI Infrastr...
J Studios/DigitalVision via Getty Images AMC Robotics Corporation ( AMCI ) is a recently listed SPAC, so there's right away a bit of dilution to consider from options and warrants, though apparently not so much that it seriously caps upside. The bigger issue is the lack of a forward picture since the AI and robotics angle is something that they aren't commercial with yet and are just developing no...
J Studios/DigitalVision via Getty Images AMC Robotics Corporation ( AMCI ) is a recently listed SPAC, so there's right away a bit of dilution to consider from options and warrants, though apparently not so much that it seriously caps upside. The bigger issue is the lack of a forward picture since the AI and robotics angle is something that they aren't commercial with yet and are just developing now, so it's very hard to say what cash burn will be in the future, or if there will be cash burn in the future as some of their developing products are supposed to be launched in Q2 . Another thing is that for the existing operations, which are focused on selling security cameras through e-commerce platforms like Amazon.com, Inc. ( AMZN ), the CEO of AMCI also sits on the other sides of the company's major commercial relationships — that is to say that there are a lot of related party considerations both in revenue and in terms of supply of products for distribution. This makes it even harder to rest assured of the evolution of the financials, since there's no assurance that the CEO will favor AMCI over other companies that AMCI does business with that he also owns. It also seems that its existing security products business is basically being transitioned out, and they will no longer be operating as a distributor of these products quite soon. So new products will need to support the business, but we aren't sure of the incoming economics of these products. Although, it also seems that a revenue sharing agreement has been put in place to be able to pay AMCI from related party Kami with a revenue share of 30% for as long as those converted subscribers from camera product sales hold. If they stop buying inventory to distribute and then pick up revenue share, cash flows could improve a lot. Also, they do have $7 million in cash, so they should be able to last another year assuming forward the latest annual cash burn, and perhaps that cash burn is about to shrink to the point wher...
Applied Materials (AMAT) stock surged 150% over the last twelve months, with its P/E multiple rocketing from 19.1x to 42.2x on a trailing basis. Yet full-year revenue grew a mere 2.1%. What's happening.
Applied Materials (AMAT) stock surged 150% over the last twelve months, with its P/E multiple rocketing from 19.1x to 42.2x on a trailing basis. Yet full-year revenue grew a mere 2.1%. What's happening.
Supatman/iStock via Getty Images With the S&P 500 surprisingly shattering new records in 2026 despite incredible macro turbulence and geopolitical uncertainties, not much attention has been paid to the fact that the gains have been very lopsided, and many small/mid cap growth stocks are far from participating in the rally and are actually in deep bear market ruts. The “SaaSpocalypse” fear has eate...
Supatman/iStock via Getty Images With the S&P 500 surprisingly shattering new records in 2026 despite incredible macro turbulence and geopolitical uncertainties, not much attention has been paid to the fact that the gains have been very lopsided, and many small/mid cap growth stocks are far from participating in the rally and are actually in deep bear market ruts. The “SaaSpocalypse” fear has eaten away at the software sector particularly harshly. That said, after such deep selloffs each company deserves an individual close look. Though AI is certain to upend the industry, my overarching thesis is that companies will be impacted in different ways, and many that are deeply discounted now actually have made noticeable moves to adapting to the AI age. Similarweb ( SMWB ), to me, is one of those unfairly punished stocks. The data feed company, best known for its SEO tools, has seen a ~70% share price decline this year: Data by YCharts I’m initiating Similarweb with a buy rating. There’s no doubt that execution here has been lacking at best, and risks abound with AI potentially encroaching into its territory. That said, it’s not all a lost cause here. The company is retrofitting its sales team to sell new AI solutions and to be better at selling into AI-native enterprises. While we wait for the outcome of these actions, we note Similarweb has declined to valuation levels that aren’t just below most other software peers, but well below where direct competitor Semrush got acquired. With that in mind, it’s difficult to say that there is zero demand in SEO or Semrush’s other growing flywheel of services. While I wouldn’t bet the proverbial farm on a large stake here, I think this stock is worth a small bet. A proprietary data platform boosting its AI angle Before we get into the specifics of why Similarweb has faltered, let’s first get a general lay of the land on what Similarweb does. The company describes itself as a proprietary data platform. Its core value add is its dir...