felixmizioznikov Allegiant Travel ( ALGT ) and Sun Country Airlines ( SNCY ) are expected to close their merger as early as this week. The deal will create a larger, leisure-focused U.S. carrier with a significantly expanded domestic and international footprint. Allegiant Travel ( ALGT ) and Sun Country ( SNCY ) announced their definitive merger agreement back in January. The cash-and-stock deal i...
felixmizioznikov Allegiant Travel ( ALGT ) and Sun Country Airlines ( SNCY ) are expected to close their merger as early as this week. The deal will create a larger, leisure-focused U.S. carrier with a significantly expanded domestic and international footprint. Allegiant Travel ( ALGT ) and Sun Country ( SNCY ) announced their definitive merger agreement back in January. The cash-and-stock deal is valued at about $1.5B, including debt, with the combined company set to operate under the Allegiant name after closing. The deal is designed to create a larger leisure-focused U.S. airline by combining Allegiant's ( ALGT ) strength in small and mid-sized markets with Sun Country's ( SNCY ) network in larger cities and international leisure destinations, including Mexico, Central America, Canada, and the Caribbean. Notably, the merger also gives Allegiant ( ALGT ) a broader reach of more than 650 routes and adds Sun Country’s ( SNCY ) cargo and charter businesses, which are intended to help reduce seasonality and improve the combined airline’s resilience. Until the companies receive a single operating certificate from the FAA, they are expected to continue flying separately, with no immediate changes to ticketing or schedules. Following closing, Allegiant ( ALGT ) shareholders are expected to own roughly 67% of the combined company, while Sun Country ( SNCY ) shareholders will own about 33% on a fully diluted basis. More on Allegiant and Sun Country Allegiant Travel Company 2026 Q1 - Results - Earnings Call Presentation Allegiant Travel Company (ALGT) Q1 2026 Earnings Call Transcript Allegiant: Airline Stocks Rise Amid US-Iran Conflict Optimism, But Challenges Remain (Rating Upgrade) Alignment Healthcare gains on SmallCap 600 addition; Sun Country Airlines removed Quant Rating Check: Analyzing the impact of Spirit’s collapse on airline standings
FGI Worldwide on Tuesday said that it has been acquired by the private equity business within Goldman Sachs Alternatives. The acquisition enables FGI to accelerate its growth and expand its suite of financing, risk, and insurtech solutions for clients. In conjunction with the transaction, Sami Altaher , co-founder and president of FGI, succeeds David DiPiero as CEO, marking the next chapter in the...
FGI Worldwide on Tuesday said that it has been acquired by the private equity business within Goldman Sachs Alternatives. The acquisition enables FGI to accelerate its growth and expand its suite of financing, risk, and insurtech solutions for clients. In conjunction with the transaction, Sami Altaher , co-founder and president of FGI, succeeds David DiPiero as CEO, marking the next chapter in the company’s evolution. Financial terms were not disclosed. More on Goldman Sachs The Goldman Sachs Group, Inc. (GS) Shareholder/Analyst Call Prepared Remarks Transcript Wall Street Roundup: Good News, Earnings News Goldman Sachs Q1 Results Flag Risks From Middle East Conflict And Inflation Here's the full list of business executives invited to go with Trump to China Goldman forecast for Fed rate cuts delayed on inflation
Getty Images CoinShares PLC ( CSHR ) released FY25 earnings about two weeks ago (April 30), and that earnings release provided the first full look into the company as a U.S. listed company with results reported under U.S. GAAP for the first time. CoinShares should be a familiar company for investors who track crypto ETPs. They produce and release some of the highest quality (in my view) research r...
Getty Images CoinShares PLC ( CSHR ) released FY25 earnings about two weeks ago (April 30), and that earnings release provided the first full look into the company as a U.S. listed company with results reported under U.S. GAAP for the first time. CoinShares should be a familiar company for investors who track crypto ETPs. They produce and release some of the highest quality (in my view) research reports with granular data points to track and monitor capital flows in crypto assets. I have used their reports countless times for my own independent personal research and for articles I write here on Seeking Alpha. While they may be known to the broader crypto investment audience as an ETP issuer, CoinShares history dates back to 2015 when they released the first regulated Bitcoin ( BTC-USD ) nearly a decade before spot Bitcoin ETFs were approved by regulators in the U.S. CoinShares’ business operations can be grouped in three distinct business lines from an operational view, which are Asset Management, Capital Markets, and Hedge Fund Solutions business lines, but in its financial reports the results are reported in two operating segments, Asset Management and Capital Markets, likely reason being similar revenue model classification of the Hedge Fund Solutions business, as it is an alpha-focused product suite intended to complement the ETP business. The Asset Management division spans four product platforms which includes a benchmark index: CoinShares Physical (the newer European crypto ETPs), CoinShares XBT Provider (legacy European ETPs), CoinShares Valkyrie (US ETFs platform), and The Block Global Equity Index. Both segments are directly exposed to and scale with the assets under management [AuM] on a revenue basis, though the Asset Management segment is more directly tied to AuM as its revenue is basically how much management fees is made from AuM. while the Capital Markets segment generates revenue through trading income, market making spreads, staking yields, asset ...
It's fun and potentially lucrative, at least in the short run and if your timing is right, to invest in meme stocks. AMC Entertainment (NYSE: AMC) was one such stock, and its share price went for a wild ride. At one point in 2021, the price shot up to well over $600, but it currently trades under $2. Arcs like that may make for exciting headlines, as well as big paydays for a few lucky traders. Bu...
It's fun and potentially lucrative, at least in the short run and if your timing is right, to invest in meme stocks. AMC Entertainment (NYSE: AMC) was one such stock, and its share price went for a wild ride. At one point in 2021, the price shot up to well over $600, but it currently trades under $2. Arcs like that may make for exciting headlines, as well as big paydays for a few lucky traders. But it's awfully hard for a long-term minded investors to profit. It's a much better strategy to own dividend-paying stocks with strong underlying fundamentals. Target (NYSE: TGT) belongs in that category. Its share price may not shoot up overnight, but it won't collapse, either. However, it could help you build wealth over time through dividends and share price appreciation. Continue reading
International Game Technology press release ( BRSL ): Q1 Non-GAAP EPS of $0.14 misses by $0.04 . Revenue of $587M (+0.7% Y/Y) misses by $20.13M . Adjusted EBITDA of $287 million rose 15%, or 5% at constant currency, on profit flow-through of higher revenue and operational discipline. Strong balance sheet and credit profile; reaffirming 2026 revenue and profit outlook Financial OutlookReaffirming F...
International Game Technology press release ( BRSL ): Q1 Non-GAAP EPS of $0.14 misses by $0.04 . Revenue of $587M (+0.7% Y/Y) misses by $20.13M . Adjusted EBITDA of $287 million rose 15%, or 5% at constant currency, on profit flow-through of higher revenue and operational discipline. Strong balance sheet and credit profile; reaffirming 2026 revenue and profit outlook Financial OutlookReaffirming FY'26 revenue and profit outlook: Revenue of $2.50 - $2.55 billion ( vs. $2.52B consensus) Includes more than five percent organic growth; approximately $175 million in incremental Italy Lotto-related service revenue amortization impacts reported growth Adjusted EBITDA of $1.16 - $1.19 billion; revenue growth and OPtiMa savings more than offset approximately $50 million of investments in growth initiatives Net cash used in operating activities of approximately $900 million includes €1.43 billion or $1.67 billion related to final Italy Lotto license payment; approximately $750 million in cash from operations excluding Italy Lotto license payment Capital expenditures of approximately $450 million - $475 million reflects contractual obligations related to recent contract wins and extensions More on International Game Technology Don't Ignore Brightstar Lottery Brightstar Lottery PLC (BRSL) Q4 2025 Earnings Call Transcript Brightstar Lottery PLC 2025 Q4 - Results - Earnings Call Presentation International Game Technology Q1 2026 Earnings Preview International Game Technology Q4 2025 Earnings Preview
pryzmat/iStock via Getty Images Introduction Back when I last covered SSR Mining ( SSRM ), I highlighted their significant move to sell the Çöpler project for $1.5 billion, which will transform the business significantly while they have significant optionality and a strong balance sheet, upgrading them to a Strong Buy. With the stock up roughly twice as much as the S&P 500 (~22%) since then, I bel...
pryzmat/iStock via Getty Images Introduction Back when I last covered SSR Mining ( SSRM ), I highlighted their significant move to sell the Çöpler project for $1.5 billion, which will transform the business significantly while they have significant optionality and a strong balance sheet, upgrading them to a Strong Buy. With the stock up roughly twice as much as the S&P 500 (~22%) since then, I believe SSRM is a Buy, with their significant pivot advancing and solid performance reported recently, with plenty of potential for a re-rating as they transition into an Americas-focused gold and silver miner. Pivot Advancing Well SSR Mining IR SSRM reported a strong Q1, beating the market’s EPS and revenue estimates significantly thanks especially to the the higher gold prices despite an increase in AISC (costs expected to fall in H2), with a hit in production at Seabee due to extreme cold during Q1 and higher grades stacking at Marigold (with AISC there expected to peak in Q2 due to fleet replacements and upgrades), still being on track to meet their original AISC guidance for FY26 ($2,360 to $2,440 per oz). SSR Mining IR Meanwhile, the free cash flow reached a very strong $210.78 million in Q1 (continuing operations only), well above the $71.89 million seen in Q1’25, which is even more impressive given the fact that they expect 55% to 60% of their FY production to be in the second half, with higher capital spend in Q2 and Q3. SSR Mining IR Regarding Çöpler, the deal is expected to close before the end of Q3 2026, offering immense potential for their strategic pivot into an Americas-based gold and silver producer with “a clear emphasis on free cash flow generation,” currently waiting for the deal to close before doing more buybacks (or other initiatives), while Hod Maden is still under review over the next following months, potentially reinforcing their pivot further, which should also warrant a different valuation going forward since the Turkey risks would diminish. SSR Mi...
Nvidia's rally will not run out of steam anytime soon, according to Wells Fargo. The bank, which has an overweight rating on the chipmaker, raised its price target to $315 from $265. The new forecast calls for 44% upside from Monday's close. "With continued indications / commentary pointing to a compute demand > supply backdrop, we think a key factor driving NVDA's Data Center rev is the company's...
Nvidia's rally will not run out of steam anytime soon, according to Wells Fargo. The bank, which has an overweight rating on the chipmaker, raised its price target to $315 from $265. The new forecast calls for 44% upside from Monday's close. "With continued indications / commentary pointing to a compute demand > supply backdrop, we think a key factor driving NVDA's Data Center rev is the company's ability to scale [gigawatts] of AI infra deployed," analyst Aaron Rakers said Tuesday in a note to clients. Rakers highlighted Nvidia's Blackwell platform for AI as major drivers of its data center revenue. That artificial intelligence pipeline is projected to reach more than $1 trillion by 2027, per Wells Fargo. The company also stands to see more upside from its other offerings, including Groq 3 LPX, a rack-scale AI inference accelerator designed for Nvidia's Vera Rubin supercomputing architecture, according to the analyst. Rakers also said Nvidia remains attractively valued despite being up 18% year to date. Despite the peak share / margin concerns, we continue to argue that NVIDIA trading at < 20x P/E on what we view as durable 2027 consensus estimates and favorable growth outlook should be bought," Rakers wrote. "We see NVIDIA as one of the most attractive secular growth stories in large-cap semis." Of the 61 analysts covering Nvidia, 57 have a buy or strong buy rating on shares, LSEG data shows.
J Studios/DigitalVision via Getty Images Barrick Reported Q1 Earnings I wrote about Barrick Mining Corporation ( B ) only once, in March 2026 , when the stock was heading right to its 200-day simple moving average amid the correction in the underlying commodity (the gold spot price). I called for buying the dip in B because it looked good fundamentally in the medium term, even at slightly lower se...
J Studios/DigitalVision via Getty Images Barrick Reported Q1 Earnings I wrote about Barrick Mining Corporation ( B ) only once, in March 2026 , when the stock was heading right to its 200-day simple moving average amid the correction in the underlying commodity (the gold spot price). I called for buying the dip in B because it looked good fundamentally in the medium term, even at slightly lower selling gold prices. Since then, the stock has managed to go up by almost 23%, beating the S&P 500's recovery rally of ~12.4%. The bounce took place right at the 200-day MA line, surprisingly: TrendSpider Software, B daily, Oakoff's notes Yesterday, Barrick reported Q1 earnings , beating the consensus estimates on both lines, and the stock soared by over 8% during the post-earnings trading session. I like their numbers as they exceeded even my previously bullish expectations. Production levels should remain in solid shape over the next few quarters. Plus, management announced a massive $3 billion buyback plan, so support for public market trading is going to be there, protecting shareholders from abrupt corrections, in my understanding (let alone supporting multiple expansions). I think B remains undervalued in general, so a "Buy" is the most logical rating for the stock at the moment. Let's Review Barrick's Q1 Earnings In Q1, Barrick made $5.22 billion in revenues (+66.8% YoY) and ~$0.98 in adjusted EPS (+180% YoY), beating the consensus estimates by 7.74% and 21.19%, respectively, according to Seeking Alpha data. We saw one of the strongest top-line beats since at least late 2022 - mainly thanks to the fact that the production levels turned out to be above the initial projections. Barrick produced 719,000 ounces of gold in Q1 (+4% YoY), while the guidance range was targeting a 640,000-680,000 ounce range. The North American output increased by 10% YoY in the quarter, while the mining tonnages at the Nevada Gold Mines (NGM) hit a record level. Plus, we saw an ahead-of-schedu...
Allot press release ( ALLT ): Q1 Non-GAAP EPS of $0.06 beats by $0.02 . Revenue of $26.4M (+13.8% Y/Y) beats by $0.28M . Gross profit on a non-GAAP basis for the first quarter of 2026 was $18.8 million (gross margin of 71.3%), a 16% increase compared with $16.3 million (gross margin of 70.4%) in the first quarter of 2025. Operating cash flow generated in the quarter was $10.6 million compared with...
Allot press release ( ALLT ): Q1 Non-GAAP EPS of $0.06 beats by $0.02 . Revenue of $26.4M (+13.8% Y/Y) beats by $0.28M . Gross profit on a non-GAAP basis for the first quarter of 2026 was $18.8 million (gross margin of 71.3%), a 16% increase compared with $16.3 million (gross margin of 70.4%) in the first quarter of 2025. Operating cash flow generated in the quarter was $10.6 million compared with $1.7 million in the first quarter of 2025. Cash and cash equivalents, bank deposits, restricted deposits and investments as of March 31, 2026, totaled $98 million, compared with $88 million as of December 31, 2025. "Looking ahead, we reaffirm our 2026 revenue guidance of $113 million to $117 million (vs. consensus of $115.83M) , with continued profitability improvements throughout the year. Following a strong first quarter we feel increasingly confident toward the upper end of that range and furthermore, we now have the strong visibility ahead to predict 40% or more SECaaS revenue growth in 2026."