Thunder beat Lakers 4-0 in Western Conference semis 41-year-old just finished his 23rd NBA season LeBron James isn’t ready to make a decision about his NBA future in the wake of the Los Angeles Lakers’ season-ending loss to the Oklahoma City Thunder on Monday. The visiting Thunder prevailed 115-110 to sweep the teams’ Western Conference semi-final series despite James registering 24 points and a g...
Thunder beat Lakers 4-0 in Western Conference semis 41-year-old just finished his 23rd NBA season LeBron James isn’t ready to make a decision about his NBA future in the wake of the Los Angeles Lakers’ season-ending loss to the Oklahoma City Thunder on Monday. The visiting Thunder prevailed 115-110 to sweep the teams’ Western Conference semi-final series despite James registering 24 points and a game-high 12 rebounds. Continue reading...
rgbspace/iStock via Getty Images Green Thumb Industries ( OTCQX: GTBIF ) reported strong Q1-2026 financial results last week. The company is positioned to benefit from the rescheduling of medical cannabis in the US. The stock price is up 35% over the last year. The price is up 24% since I covered it last March on Seeking Alpha . Besides rescheduling, there are not many current synergies for the co...
rgbspace/iStock via Getty Images Green Thumb Industries ( OTCQX: GTBIF ) reported strong Q1-2026 financial results last week. The company is positioned to benefit from the rescheduling of medical cannabis in the US. The stock price is up 35% over the last year. The price is up 24% since I covered it last March on Seeking Alpha . Besides rescheduling, there are not many current synergies for the company. The company remains undervalued and the sector still awaits recreational cannabis rescheduling. I continue my rating of a Hold. Q1-2026 Results Green Thumb Industries reported $300.2 million in Q1 revenue, representing a 7.5% increase YoY and a 3.5% decrease QoQ. The increase was due to strong retail sales, which increased 4.7% YoY, especially in the Minnesota adult-use market. The company also reported growth in Connecticut and Florida markets. Same store sales decreased by .5% YoY. Revenue from Consumer Packaged Goods decreased 1.6% YoY due to price compression and competition. Gross profit was $143.6 million, a nominal decrease YoY and a 1.6% increase QoQ. Profit margin was 47.85% versus 51.25% YoY and 45.43% QoQ. Profit margin decreased due to brand licensing fees. Net income was $15.4 million versus a net income of $8.3 million YoY and a net income of $83.2 million QoQ. Cash flow from operations was $76 million. Cash and ST investments increased to a record $344.5 million. Current debt is $289.9 million. Market consensus for Q2-2026 revenue is $299.19 million, an increase YoY and a decrease QoQ. Synergies Green Thumb Industries has 113 cannabis retail locations across 14 states and 20 manufacturing facilities. Green Thumb Industries recently received a conditional license to operate in Texas. The license is pending state regulation. The company submitted applications to the US DEA for its medical operations. Medical cannabis makes up 50% of its operations. The company will be able to deduct 280E expenses from its taxes because of the rescheduling of medical cann...
yalcinsonat1/iStock via Getty Images In the coming weeks, a new Federal Reserve Chairman will be installed in Kevin Warsh. This is not a business-as-usual appointment. It is a continuation of Trump Administration policies to shrink government. The Warsh appointment occurs as multiple macro factors are lining up to threaten the economy. The conditions could not be riper for an economic shock with a...
yalcinsonat1/iStock via Getty Images In the coming weeks, a new Federal Reserve Chairman will be installed in Kevin Warsh. This is not a business-as-usual appointment. It is a continuation of Trump Administration policies to shrink government. The Warsh appointment occurs as multiple macro factors are lining up to threaten the economy. The conditions could not be riper for an economic shock with a major correction for stocks, bonds, crypto, and real estate. If that shock occurs and we see an economic slowdown with resulting asset price declines, the next test will be whether it sets up another long run of growth and asset price appreciation or is the prelude to a deeper economic downturn. As members at Margin of Safety Investing know, I believe " all roads lead to QE. " The problem is that for Kevin Warsh, or his successor, to get to QE, we are likely to first see a debt-driven financial crisis. What to Know About Kevin Warsh Kevin Warsh is not a career economist; he is a lawyer by training and worked at Morgan Stanley as an M&A banker. He served in the George W. Bush White House before being appointed the youngest Fed governor ever in 2006 at the age of 35. During the 2008 Financial Crisis, Warsh was a liaison to Wall Street for Fed Chairman Ben Bernanke. Warsh resigned from the Board of Governors, an unexpected and rare move, in 2011 after opposing the Fed 's plan to buy $600 billion in U.S. Treasuries, aka QE. Immediately after leaving the Federal Reserve, Warsh joined billionaire investor Stanley Druckenmiller's Duquesne Family Office as a partner and advisor. Warsh has also held a fellowship at the Hoover Institution , which has roots in classical liberal free market economics and the Chicago School monetarist supply-side traditions. It is important to know that the economic theory of the Hoover Institution is often viewed as leaning heavily libertarian and reliant on Austrian economic theories of rules based cyclical economies. Ideas like the " Taylor Rule " a...
Investing.com -- Semiconductor stocks declined Tuesday after South Korean policymakers proposed a "citizen dividend" funded by taxes on AI profits, sparking concerns about potential levies on chipmakers.
Investing.com -- Semiconductor stocks declined Tuesday after South Korean policymakers proposed a "citizen dividend" funded by taxes on AI profits, sparking concerns about potential levies on chipmakers.
Check out the companies making headlines before the bell: Under Armour — The sportswear company slid 14% after posting a loss of 3 cents on revenue of $1.17 billion. Analysts polled by LSEG were anticipating a loss of 2 cents on revenue of $1.68 billion. GameStop , eBay — Shares of GameStop dropped more than 4% after online retailer eBay turned down a $56 billion takeover bid Tuesday from the elec...
Check out the companies making headlines before the bell: Under Armour — The sportswear company slid 14% after posting a loss of 3 cents on revenue of $1.17 billion. Analysts polled by LSEG were anticipating a loss of 2 cents on revenue of $1.68 billion. GameStop , eBay — Shares of GameStop dropped more than 4% after online retailer eBay turned down a $56 billion takeover bid Tuesday from the electronics retailer over doubts over the financing of the deal. Shares of Ebay were slightly lower. On Holding — The running shoes maker fell 5% in the premarket even after it reported first-quarter earnings and revenue that beat analyst expectations. On also reiterated its full-year net sales growth outlook and increased its earnings guidance. Wendy's — Shares rallied more than 23% after The Financial Times reported , citing people familiar with the matter, that Nelson Peltz's Trian Fund Management was looking to raise funds for a bid to take the fast food chain private. ZoomInfo Technologies — Shares of the market intelligence platform tumbled more than 33% after cutting full year revenue guidance to a range of $1.185 billion to $1.205 billion. The company's prior forecased ranged between $1.247 billion and $1.267 billion. Plug Power — The hydrogen fuel supply company rallied more than 7% after posting a narrower-than-expected loss of 8 cents in the first quarter, on an adjusted basis. Analysts polled by FactSet expected a loss of 10 cents per share. Revenue of $163.5 million exceeded a consensus estimate of $139.9 million. Hims & Hers Health — Shares tumbled 14% after the telehealth company issued disappointing earnings guidance . AST SpaceMobile — The developer of satellites tumbled 12% after it reported a larger-than-expected loss for the first quarter. The company also reaffirmed its full-year revenue guidance or $150 million to $200 million. GitLab — Shares plunged 11% after CEO Bill Staples outlined a broad restructuring plan tied to the software company's move into ag...
wallix/iStock Editorial via Getty Images Siemens ( SIEGY ) is exploring a potential acquisition of Mer Mec, an Italian maker of signaling and communications equipment for trains, in a deal that could be valued at slightly more than €1B (~$1.2B), Bloomberg reported Tuesday. An acquisition of Mer Mec, which could be announced this week, would be intended to strengthen the technology and software ...
wallix/iStock Editorial via Getty Images Siemens ( SIEGY ) is exploring a potential acquisition of Mer Mec, an Italian maker of signaling and communications equipment for trains, in a deal that could be valued at slightly more than €1B (~$1.2B), Bloomberg reported Tuesday. An acquisition of Mer Mec, which could be announced this week, would be intended to strengthen the technology and software part of Siemens Mobility, the group's trainmaking division. The Italian company, which is owned by investment holding company Angel Holding, makes inspection and measuring technologies for railways, as well as train signaling systems and electrification and communication systems; its products and services are used in ~60 countries. More on Siemens Siemens: Prospects Appear Baked In For Now Siemens: A Case To Be Made For The Macro-Related Downside Siemens Q1 2026 Earnings Call Presentation
Summit Ridge Energy has completed a 1.62 MW rooftop community solar project in Melrose Park, Illinois, as part of the Illinois Shines program, which supports equitable access to clean energy. The project, developed alongside LBA Logistics and Black Bear Energy, will provide over 2 million kWh of renewable energy annually, enough to power over 200 homes, and promises utility bill savings of 10–20% ...
Summit Ridge Energy has completed a 1.62 MW rooftop community solar project in Melrose Park, Illinois, as part of the Illinois Shines program, which supports equitable access to clean energy. The project, developed alongside LBA Logistics and Black Bear Energy, will provide over 2 million kWh of renewable energy annually, enough to power over 200 homes, and promises utility bill savings of 10–20% for subscribers, particularly benefiting low-to-moderate income households in an Environmental...