Hyperliquid Strategies Inc. press release ( PURR ): For the three months ended March 31, 2026, the company reported $2.6 million in staking revenue from HYPE holdings, $1.0 million in interest income, $7.2 million in SG&A and R&D expenses, and net profit of $152.5 million. Materially increased treasury to 20.0 million HYPE tokens (as of April 29, 2026), with $103 million in cash remaining (as of A...
Hyperliquid Strategies Inc. press release ( PURR ): For the three months ended March 31, 2026, the company reported $2.6 million in staking revenue from HYPE holdings, $1.0 million in interest income, $7.2 million in SG&A and R&D expenses, and net profit of $152.5 million. Materially increased treasury to 20.0 million HYPE tokens (as of April 29, 2026), with $103 million in cash remaining (as of April 29, 2026). More on Hyperliquid Strategies Inc. Hyperliquid Strategies: Fade The Crypto HYPE Hyperliquid Strategies Inc. 2026 Q1 - Results - Earnings Call Presentation Hyperliquid Strategies Inc. (PURR) Q1 2026 Earnings Call Transcript Financial information for Hyperliquid Strategies Inc.
wildpixel/iStock via Getty Images By Ewa Manthey , Commodities Strategist | Warren Patterson , Head of Commodities Strategy Energy – Oil climbs on fresh US-Iran clashes ICE Brent and NYMEX WTI moved higher on Friday morning after three straight sessions of losses, amid reports of renewed clashes between US and Iranian forces. Brent rose nearly 3% to just below USD 103/bbl. The rebound followed US ...
wildpixel/iStock via Getty Images By Ewa Manthey , Commodities Strategist | Warren Patterson , Head of Commodities Strategy Energy – Oil climbs on fresh US-Iran clashes ICE Brent and NYMEX WTI moved higher on Friday morning after three straight sessions of losses, amid reports of renewed clashes between US and Iranian forces. Brent rose nearly 3% to just below USD 103/bbl. The rebound followed US strikes on Iranian military targets after Iran fired on three US Navy destroyers in the Strait of Hormuz. While tensions have escalated, the US has signalled no immediate intent to intensify the conflict and is reportedly still awaiting Iran’s response to a proposal to reopen the trade route. Looking ahead, oil prices are likely to remain highly headline‑driven, with the recent escalation reinforcing the risk premium. With flows through the Strait of Hormuz unlikely to normalise quickly, markets remain exposed to further upside on any setbacks in diplomatic efforts. In refined products, Insights Global data shows refined product stocks in the ARA region fell by 108kt week-on-week to 4.5mt in the week ending 7 May. The draw was led by gasoline (‑72kt to 1.1mt) and gasoil (‑34kt to 1.8mt). Gasoil stocks fell for a fifth consecutive week, hitting their lowest level since August 2025, underscoring ongoing supply tightness. Naphtha inventories also declined by 17kt to 374kt, the lowest since March 2025, amid disruption linked to the Strait of Hormuz closure. By contrast, fuel oil and jet fuel stocks rose modestly by 9kt and 6kt to 665kt and 558kt, respectively. In Singapore, inventories fell by 1.1mbbl to 44.8mbbl, the lowest level since July 2025, as US-Iran tensions curtailed Middle Eastern exports. The decline was driven by middle distillates (‑0.8mbbl) and light distillates (‑0.6mbbl). Residual fuel stocks, however, increased by 387kbbl to 19.9mbbl. In natural gas, EIA data shows US gas storage rose by 63bcf last week, below market expectations of around 73bcf and the five‑y...
Taiwan Semiconductor (TSMC) (NYSE: TSM) is the quietly dominant semiconductor manufacturer. Since most of the prominent chip design companies are fabless, they most often turn to TSMC. Admittedly, TSMC has not earned the returns of some of its most prominent clients, which include Nvidia , Apple , and Broadcom . Nonetheless, this stock could pay off for investors. Image source: The Motley Fool. Co...
Taiwan Semiconductor (TSMC) (NYSE: TSM) is the quietly dominant semiconductor manufacturer. Since most of the prominent chip design companies are fabless, they most often turn to TSMC. Admittedly, TSMC has not earned the returns of some of its most prominent clients, which include Nvidia , Apple , and Broadcom . Nonetheless, this stock could pay off for investors. Image source: The Motley Fool. Continue reading
Nintendo and Sony both flagged the impact from surging memory prices on their games businesses on Friday, as the artificial intelligence boom constrains chip supply and deepens disruptions across the tech sector. "Super Mario" maker Nintendo said that higher component costs, particularly memory, and the impact of tariffs is expected to add roughly 100 billion yen ($638 million) to costs in the cur...
Nintendo and Sony both flagged the impact from surging memory prices on their games businesses on Friday, as the artificial intelligence boom constrains chip supply and deepens disruptions across the tech sector. "Super Mario" maker Nintendo said that higher component costs, particularly memory, and the impact of tariffs is expected to add roughly 100 billion yen ($638 million) to costs in the current financial year. President Shuntaro Furukawa said the higher component costs, along with factors including exchange rates, were reflected in Nintendo's decision to hike prices of its Switch 2.
SweetBunFactory/iStock via Getty Images Introduction About a week ago, I saw a financial influencer tout Flex ( FLEX ) as a top AI infrastructure idea, and I remembered it as one of the stocks in a comp table when I analyzed Celestica ( CLS ) a few months ago, which is a contract manufacturer for electrical equipment. So when Flex jumped by over 30% recently, I started to do some math, and the out...
SweetBunFactory/iStock via Getty Images Introduction About a week ago, I saw a financial influencer tout Flex ( FLEX ) as a top AI infrastructure idea, and I remembered it as one of the stocks in a comp table when I analyzed Celestica ( CLS ) a few months ago, which is a contract manufacturer for electrical equipment. So when Flex jumped by over 30% recently, I started to do some math, and the outcome points to irrational exuberance, as Mr. Greenspan would say. The company announced it would spin off its data center division, a move designed to enhance value, since the other 75% of the company (by revenue) caters to mature industries. The logic is that if Celestica has a 40x P/E with 40% EPS growth, then Flex’s NewCo spinoff would be valued at the same level post-spinoff. Which I generally agree with, but the rest of the company should fall to around 12x P/E given its under 10% EPS growth. Thus, when the spinoff occurs, it's like a dividend; Flex shares may fall significantly because the sum of the parts is lower than the current share price. Flex Valuation Pre-Spin Off The company reported its fiscal 4Q26 results (calendar YE25) that continued to show over 30% revenue growth in the Cloud & Power (CPI) segment, as well as a strong increase in EBIT with margin gains across all segments due to pricing power. However, the most relevant news came from the announcement that Flex would spin off its CPI segment into a standalone NewCo and guided for over 70% revenue growth in Fiscal 2027 (calendar 2026) for CPI. The consensus forecast and price target were raised, as indicated in the table below. The new price target of $145 (from $84) is based on a nearly 35x P/E multiple. In my view, this seems fine given guidance and 2027 indications. My main concern is that the eventual spinoff, set for early 2027, may destroy value since the Flex assets that remain may trade far lower than the current consolidated forecast may merit. Created by the author with data from Capital IQ & F...
Pakistan is looking to raise yuan-denominated bonds in China’s onshore market, in what would mark its debut panda bond issuance, with a size of as much as 1.75 billion yuan ($257 million). The three-year sustainable development bonds could be priced as soon as next week, according to people familiar with the matter, who asked not to be identified discussing private matters. The Asian Infrastructur...
Pakistan is looking to raise yuan-denominated bonds in China’s onshore market, in what would mark its debut panda bond issuance, with a size of as much as 1.75 billion yuan ($257 million). The three-year sustainable development bonds could be priced as soon as next week, according to people familiar with the matter, who asked not to be identified discussing private matters. The Asian Infrastructure Investment Bank and Asian Development Bank would together guarantee 95% of the bond, the people said. Details are still under discussion and could change. Issuance of yuan-denominated bonds by offshore borrowers in China’s onshore market has continued to rise , underscoring the appeal of Chinese assets as a relative safe haven for investors during tensions in the Middle East. Driven by lower funding costs and the internationalization of the yuan, Bloomberg data showed that China’s panda bond issuance totaled a record 84.2 billion yuan in the first quarter, double the level from a year ago. Indonesia ’s finance minister has also signaled plans to issue panda bonds. Yields on Chinese government bonds have remained broadly stable since the Iran war started. The 10-year yield was little changed at 1.757% on Friday.