EvgeniyShkolenko/iStock via Getty Images The highlight of the 2026 Met Gala was not an outfit: it was a robot. While a star-studded lineup walked the red carpet, dressed in outlandish attire and embracing a "Costume Art" theme, the talk of this year’s Met Gala was a humanoid robot accompanied by famous fashion designer Alexander Wang. China-based AgiBot, in partnership with Wang, unveiled its full...
EvgeniyShkolenko/iStock via Getty Images The highlight of the 2026 Met Gala was not an outfit: it was a robot. While a star-studded lineup walked the red carpet, dressed in outlandish attire and embracing a "Costume Art" theme, the talk of this year’s Met Gala was a humanoid robot accompanied by famous fashion designer Alexander Wang. China-based AgiBot, in partnership with Wang, unveiled its full-size A2 humanoid to the world in style, walking alongside celebrities while sporting a “Real:ly” logo (Wang’s new tea-based energy drink line). But why does this matter to Wall Street? Well, KraneShares launched its humanoid robotics ETF , KOID , which seeks to capture the economic opportunity that was masterfully demonstrated by AgiBot at the Met Gala. Humanoid Robotics ETF KOID & AgiBot KraneShares has worked with AgiBot on multiple occasions to promote our humanoid robotics ETF KOID. The first instance was in Milan. Paolo Iurcotta, Head of Italy, and Derek Yan, CFA, Senior Investment Strategist, hosted an event in Milan in March for around 30 clients. Derek gave a presentation on the humanoid robotics industry and our KOID ETF, accompanied by an X2 Ultra humanoid from AgiBot, which stands just over 4 feet tall. The robot gave a speech in Italian and English, introducing the event and our humanoid robotics and physical AI ETF KOID. It also demonstrated its advanced motion capabilities by dancing to a mainstream global hit, “Levitating” by Dua Lipa, and a niche Cantonese pop song, “卡拉永遠OK” (Future Underworld Mix) by Alan Tam, at the start and end of the event. Following Milan, there was the annual CFA Society LA Outlook Dinner Panel, which had over 100 attendees. There, KraneShares and an AgiBot A2 humanoid equipped with US-based IntBot’s intelligence system greeted guests as they entered the event. Later, the A2 sat on a panel with 4 CIOs to share its 2026 market outlook, made possible by IntBot’s advanced software installed on the A2. Its outlook was met with applause a...
hapabapa/iStock Editorial via Getty Images Introduction In my latest analysis of Amazon.com, Inc. ( AMZN ), I gave my best reasons to invest in the firm, and I believe that thesis has played out following the great earnings released by the tech giant. I want to dive into the quarterly numbers and see what the road ahead looks like to justify my current bullish take on the firm. Q1 overview Let’s d...
hapabapa/iStock Editorial via Getty Images Introduction In my latest analysis of Amazon.com, Inc. ( AMZN ), I gave my best reasons to invest in the firm, and I believe that thesis has played out following the great earnings released by the tech giant. I want to dive into the quarterly numbers and see what the road ahead looks like to justify my current bullish take on the firm. Q1 overview Let’s dive into the monstrous print, as Amazon posted a quarterly revenue figure of $181.52B, a beat of $4.35B over consensus and a 16.6% Y/Y improvement. On the bottom line, Q1 GAAP EPS came out to $2.78, a beat of $1.13, which is effectively a quarterly record. Operating income also came out to $23.9B, above the high end of guidance and a record 13.1% margins. On the AWS side, the segment revenue increased by 28% Y/Y to reach $37.6B, translating to an impressive operating income of $14.2B, adding nearly $3B Y/Y. Though it is important that the EPS number is being distorted by a $16.8B non-cash gain on the firm's Anthropic ( ANTHRO ) stake , stripping it out would put the EPS closer to $1.5, in line with consensus. Potentially the most important disclosure has been the fact that AWS sits on a $364B backlog before layering in Anthropic’s incremental $100B+ commitment, plus adding to these the Trainium revenue commitments above $225B on top. That’s around 2.4x the AWS revenue base in disclosed forward demand, a coverage ratio we have never seen at a cloud business of this scale. Plus, this coverage ratio has grown by 40% Y/Y, while in the previous cycle peak, no hyperscaler disclosed a backlog ratio above 1.7x, meaning that demand has been pre-sold ahead of CapEx. Plus, I believe that the composition of the backlog is highly important to look at as it makes it more durable. The Anthropic agreement alone secures 5GW of Trainium capacity over 10 years, with Project Rainier scaling from 500K+ Trainium2 chips today toward 1GW of combined T2/T3 capacity by year-end 2026. That chip busin...
hapabapa/iStock Editorial via Getty Images Introduction In my latest analysis of Amazon.com, Inc. ( AMZN ), I gave my best reasons to invest in the firm, and I believe that thesis has played out following the great earnings released by the tech giant. I want to dive into the quarterly numbers and see what the road ahead looks like to justify my current bullish take on the firm. Q1 overview Let’s d...
hapabapa/iStock Editorial via Getty Images Introduction In my latest analysis of Amazon.com, Inc. ( AMZN ), I gave my best reasons to invest in the firm, and I believe that thesis has played out following the great earnings released by the tech giant. I want to dive into the quarterly numbers and see what the road ahead looks like to justify my current bullish take on the firm. Q1 overview Let’s dive into the monstrous print, as Amazon posted a quarterly revenue figure of $181.52B, a beat of $4.35B over consensus and a 16.6% Y/Y improvement. On the bottom line, Q1 GAAP EPS came out to $2.78, a beat of $1.13, which is effectively a quarterly record. Operating income also came out to $23.9B, above the high end of guidance and a record 13.1% margins. On the AWS side, the segment revenue increased by 28% Y/Y to reach $37.6B, translating to an impressive operating income of $14.2B, adding nearly $3B Y/Y. Though it is important that the EPS number is being distorted by a $16.8B non-cash gain on the firm's Anthropic ( ANTHRO ) stake , stripping it out would put the EPS closer to $1.5, in line with consensus. Potentially the most important disclosure has been the fact that AWS sits on a $364B backlog before layering in Anthropic’s incremental $100B+ commitment, plus adding to these the Trainium revenue commitments above $225B on top. That’s around 2.4x the AWS revenue base in disclosed forward demand, a coverage ratio we have never seen at a cloud business of this scale. Plus, this coverage ratio has grown by 40% Y/Y, while in the previous cycle peak, no hyperscaler disclosed a backlog ratio above 1.7x, meaning that demand has been pre-sold ahead of CapEx. Plus, I believe that the composition of the backlog is highly important to look at as it makes it more durable. The Anthropic agreement alone secures 5GW of Trainium capacity over 10 years, with Project Rainier scaling from 500K+ Trainium2 chips today toward 1GW of combined T2/T3 capacity by year-end 2026. That chip busin...
Dougal Waters/DigitalVision via Getty Images After impressive returns from international stocks last year, strong performance continues, despite added volatility surrounding geopolitical events. Funds such as the Fidelity International High Dividend ETF ( FIDI ) are up ~10% YTD. FIDI is an ex-USA dividend exchange-traded fund that aims to provide investors with international exposure and returns t...
Dougal Waters/DigitalVision via Getty Images After impressive returns from international stocks last year, strong performance continues, despite added volatility surrounding geopolitical events. Funds such as the Fidelity International High Dividend ETF ( FIDI ) are up ~10% YTD. FIDI is an ex-USA dividend exchange-traded fund that aims to provide investors with international exposure and returns that match the Fidelity International High Dividend Index℠. I rate FIDI a ‘Buy’ based on its favorable expense ratio, history of dividend payments and growth, and the ability to perform in varying market conditions. In particular, I believe FIDI will continue to benefit from a combination of elevated US valuations, ongoing geopolitical volatility, and growing investor demand for income and diversification. Fund Overview With $318.12 million in net assets (as of April 30 th , 2026), the Fidelity International High Dividend ETF has an inception dating back to January 2018. While comparable funds have longer track records, FIDI offers investors a little more than eight years of performance and fund management to consider. Fidelity states that the fund’s objective is: to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity International High Dividend Index. Normally investing at least 80% of assets in securities included in the Fidelity International High Dividend Index℠, which is designed to reflect the performance of large and mid-capitalization developed international high dividend-paying stocks that are expected to continue to pay and grow their dividends. According to Seeking Alpha’s peer comparison information, comparable funds include the Vanguard International High Div Yield Index Fund ETF ( VYMI ), Franklin International Core Dividend Tilt Idx ETF ( DIVI ), Franklin International Low Volatility High Dividend Index ETF ( LVHI ), iShares International Select Dividend ETF ( IDV ), and the State Street SPDR S&P I...
Cavvy Energy press release ( PTOAF ): Q1 FFO of $0.11. Generated NOI of $41.9 million ($0.14 per basic and fully diluted share). Produced 24,655 boe/d (80% natural gas) and 1,089 mt/d of sulphur during the quarter, up 9% and 1% respectively from Q1 2025. More on Pieridae Energy Historical earnings data for Pieridae Energy Financial information for Pieridae Energy
Cavvy Energy press release ( PTOAF ): Q1 FFO of $0.11. Generated NOI of $41.9 million ($0.14 per basic and fully diluted share). Produced 24,655 boe/d (80% natural gas) and 1,089 mt/d of sulphur during the quarter, up 9% and 1% respectively from Q1 2025. More on Pieridae Energy Historical earnings data for Pieridae Energy Financial information for Pieridae Energy
Artificial intelligence (AI) compute demand seems to be accelerating. That has investors jumping into any company participating in the boom. Nebius Group (NASDAQ: NBIS) certainly qualifies for that, as a provider of cloud computing infrastructure. AI leader Nvidia has announced a series of deals supporting investment in that infrastructure. That continued this week, helping to push the sector high...
Artificial intelligence (AI) compute demand seems to be accelerating. That has investors jumping into any company participating in the boom. Nebius Group (NASDAQ: NBIS) certainly qualifies for that, as a provider of cloud computing infrastructure. AI leader Nvidia has announced a series of deals supporting investment in that infrastructure. That continued this week, helping to push the sector higher. Nebius also has a deal with Nvidia, and that's the tailwind that pushed Nebius stock to a new all-time high this week. The stock dropped some from that peak, but was still about 16% higher for the week as of midday Friday, according to data provided by S&P Global Market Intelligence. Image source: Nebius Group. Continue reading
Earnings Call Insights: Malibu Boats (MBUU) Q3 2026 Management View “This was a defining quarter for MBI. We delivered revenue and adjusted EBITDA that exceeded our guidance on a legacy base, and we closed on the acquisition of Saxdor Yachts, the most significant strategic milestone in our company's history and a decisive step in executing the build, innovate and grow strategy we outlined at our S...
Earnings Call Insights: Malibu Boats (MBUU) Q3 2026 Management View “This was a defining quarter for MBI. We delivered revenue and adjusted EBITDA that exceeded our guidance on a legacy base, and we closed on the acquisition of Saxdor Yachts, the most significant strategic milestone in our company's history and a decisive step in executing the build, innovate and grow strategy we outlined at our September Investor Day.” (CEO, President & Director Steven Menneto) “Since we last spoke with you, the broader consumer environment has grown more uncertain with geopolitical developments impacting gas prices and thereby sentiment, exacerbating affordability pressures that are weighing on the more value-orientated buyers who tend to utilize financing. But we are seeing a clear bifurcation in the market. The premium cash-driven buyers continue to engage, and that is the consumer our portfolio is built around.” (CEO Menneto) “At the Miami International Boat Show in February, we debuted the new Pursuit DC 286 and Pathfinder 2800 Hybrid, which represents 2 of the 11 new models that were launched across our portfolio over the past year since last year's Miami show.” (CEO Menneto) “We continue to work in close partnership with our dealers, guided by our established playbook of prioritizing dealer health and tightly managing channel inventories.” (CEO Menneto) “We closed the acquisition on March 2... Saxdor's customer demographic skews young, affluent and adventure orientated with an average household income of approximately $375,000.” (CEO Menneto) “Net sales increased 3.1% to $235.7 million, inclusive of $23.1 million from Saxdor.” (Chief Financial Officer David Black) Outlook “On a combined basis, legacy plus Saxdor, we expect full year fiscal 2026 net sales of approximately $880 million to $886 million and adjusted EBITDA of approximately $72 million to $74 million.” (CFO Black) “On the legacy adjusted EBITDA margin, we expect to finish towards the lower end of the previously c...
Here are the stocks making headlines in midday trading. Fluence Energy – The battery storage maker soared almost 30%. HSBC and Roth Capital both upgraded Fluence after fiscal second-quarter earnings before interest, taxes, depreciation and amortization topped Wall Street analyst estimates, according to FactSet. The stock skyrocketed roughly 40% in the prior session. Corpay – Shares of the corporat...
Here are the stocks making headlines in midday trading. Fluence Energy – The battery storage maker soared almost 30%. HSBC and Roth Capital both upgraded Fluence after fiscal second-quarter earnings before interest, taxes, depreciation and amortization topped Wall Street analyst estimates, according to FactSet. The stock skyrocketed roughly 40% in the prior session. Corpay – Shares of the corporate payments company jumped 10% after Corpay lifted its full-year guidance. The company sees earnings ranging from $26.30 to $27.10 per share, versus its earlier outlook for $25.50 to $26.50 a share. Analysts polled by FactSet had estimated $26.05. Adjusted profit and revenue in the first quarter also surpassed estimates. Chip stocks – The VanEck Semiconductor ETF (SMH) popped more than 3% to a new 52-week high as investors snapped up shares of chip companies. Micron Technology added 13%, and Qualcomm jumped about 9%. Advanced Micro Devices rose 8%. MercadoLibre – The online marketplace saw shares tumble about 12%. MercadoLibre's first-quarter earnings came in short of analysts' estimates, landing at $8.23 per share, versus the consensus call for $8.50 per share. Operating margin for the period also fell short of expectations, coming in at 6.9%. The StreetAccount consensus estimate called for 7.7%. AppLovin – The mobile marketing company dropped 5% as investors sold shares after an earnings-fueled jump. A day earlier, the stock surged more than 6% after a top- and bottom-line beat in the first quarter, and second-quarter guidance that came in ahead of the Street's estimates. Mettler-Toledo – The manufacturer of scales slid 13% on disappointing guidance. Mettler-Toledo sees adjusted earnings in the second quarter ranging from $10.60 to $10.85 per share, while the FactSet consensus called for $10.95 a share. The company anticipates revenue growth in the current quarter to be roughly 3% year over year, falling short of the 5.1% rate analysts had estimated. Motorola Solutions – T...