On this episode of Stock Movers with Alexis Christoforous: - Under Armour (UAA) shares are sliding after it forecast adjusted earnings per share for 2027 and the guidance missed the average analyst estimate. - Wendy's (WEN) shares are gaining as Financial Times reports that Nelson Peltz’s Trian Fund Management is seeking investor backing for a bid to take the burger chain operator private. - Hims ...
On this episode of Stock Movers with Alexis Christoforous: - Under Armour (UAA) shares are sliding after it forecast adjusted earnings per share for 2027 and the guidance missed the average analyst estimate. - Wendy's (WEN) shares are gaining as Financial Times reports that Nelson Peltz’s Trian Fund Management is seeking investor backing for a bid to take the burger chain operator private. - Hims & Hers (HIMS) shares are lower after reporting a first-quarter loss and sales that missed Wall Street estimates due to higher costs associated with its strategic pivot to branded weight-loss medications. (Source: Bloomberg)
SlavkoSereda/iStock via Getty Images Crude oil futures added to gains Tuesday, with U.S. crude topping $100/bbl, as the fragile U.S.-Iran ceasefire and the two countries' entrenched positions on ending the war spark fears of a prolonged energy supply shock. Front-month Nymex crude ( CL1:COM ) for June delivery jumped 4% to $101.99/bbl, and front-month Brent crude ( CO1:COM ) for July delivery clim...
SlavkoSereda/iStock via Getty Images Crude oil futures added to gains Tuesday, with U.S. crude topping $100/bbl, as the fragile U.S.-Iran ceasefire and the two countries' entrenched positions on ending the war spark fears of a prolonged energy supply shock. Front-month Nymex crude ( CL1:COM ) for June delivery jumped 4% to $101.99/bbl, and front-month Brent crude ( CO1:COM ) for July delivery climbed 3.6% to $107.97/bbl. " We doubt that there will be any change in the diplomatic deadlock between Iran and the U.S. in the near term, as President Trump and his team turn their focus to China and Wednesday’s summit," Kathleen Brooks of XTB said in a note, adding no major developments are expected over the next day or two that would ease upward pressure on oil prices. Saudi Aramco CEO Amin Nasser warned Monday that disruptions to oil exports through the Strait of Hormuz could delay a return to market stability until 2027, with the loss of ~100M barrels of oil per week. HSBC raised its Brent crude price forecast, now expecting an average of $95/bbl this year, up from $80/bbl previously, working under the assumption that traffic through the Strait of Hormuz and Persian Gulf oil production will gradually recover from mid-June. "Our base case now assumes... a return to near normal system-level production and flows by the end of 3Q26," HSBC senior oil and gas analyst Kim Fustier wrote. "A longer disruption implies larger inventory drawdowns, a more challenging post-war refill, and a higher residual risk premium, supporting a higher long-term price anchor." ETFs: ( USO ), ( BNO ), ( UCO ), ( SCO ), ( USL ), ( DBO ), ( DRIP ), ( GUSH ), ( USOI ), ( XLE ) More on crude oil WTI Crude Is Poised For A Potential Volatility Bullish Breakout Above $102.54/Bbl Upside Chasing In Tech Stocks Surges To Covid Extremes Prepare For What Could Be The Biggest Oil Bull Market Of Your Life
As Hantavirus Cases Rise, US Officials Say Risk To Public "Very, Very Low" A total of 11 hantavirus cases have been confirmed as of Tuesday morning, with global health officials warning that the number could rise. The risk to the public from an illness called the hantavirus is low, a U.S. official said on May 11. “Let me be crystal clear: the risk of hantavirus to the general public remains very, ...
As Hantavirus Cases Rise, US Officials Say Risk To Public "Very, Very Low" A total of 11 hantavirus cases have been confirmed as of Tuesday morning, with global health officials warning that the number could rise. The risk to the public from an illness called the hantavirus is low, a U.S. official said on May 11. “Let me be crystal clear: the risk of hantavirus to the general public remains very, very low,” Dr. Brian Christine, assistant secretary for health and head of the U.S. Public Health Service, told reporters during a briefing in Omaha, Nebraska. The Centers for Disease Control and Prevention had said in a May 8 health alert to doctors and health departments that doctors should be aware that imported hantavirus cases were possible but that “the risk of broad spread to the United States is considered extremely unlikely at this time.” As Zachary Stieber reports for The Epoch Times, multiple people on board the M.V. Hondius, which departed from Argentina on April 1 and traveled to remote locations, including Antarctica, contracted a variant of the hantavirus called the Andes variant. Three have died. Christine said on Monday that “the Andes variant of this virus does not spread easily, and it requires prolonged close contact with someone who is already symptomatic.” An American cruise ship passenger who tested positive on one test and negative on another was transported early Monday to the biocontainment unit at the University of Nebraska Medical Center, officials said. That individual is doing well and has no symptoms, Dr. Angela Hewlett, director of the unit, said at the briefing. That person will be tested again at some point. Fifteen other Americans, including a British American, who were on the Hondius were admitted around the same time into a separate area called the quarantine unit. They have not displayed symptoms. They may be tested, based on conversations between physicians and those individuals, officials said. Two additional Americans who were aboard...
US inflation accelerated in April on rising gasoline and grocery costs, exceeding wage growth in a double-whammy for already strained consumers. Eric Winograd, Chief US Economist at AllianceBernstein, reacts to the CPI data. (Source: Bloomberg)
US inflation accelerated in April on rising gasoline and grocery costs, exceeding wage growth in a double-whammy for already strained consumers. Eric Winograd, Chief US Economist at AllianceBernstein, reacts to the CPI data. (Source: Bloomberg)
Hershey (HSY) has taken a massive 25% hit in just two short months, dropping from its March 1 peak of $239.48. Fortunately, the company's April 30 earnings report provided some much-needed relief, showing a solid jump in first-quarter sales and revenue. The stock is finally starting to claw its way back, creating an ideal scenario for a mean reversion play. However, a steep sell-off does not autom...
Hershey (HSY) has taken a massive 25% hit in just two short months, dropping from its March 1 peak of $239.48. Fortunately, the company's April 30 earnings report provided some much-needed relief, showing a solid jump in first-quarter sales and revenue. The stock is finally starting to claw its way back, creating an ideal scenario for a mean reversion play. However, a steep sell-off does not automatically guarantee a rebound. That is exactly why I rely on strict technical analysis to provide objective entry signals, rather than risking capital on a gut feeling. To time this setup, I am focusing on three specific indicators: Custom MACD (5, 13, 5): I use this tightened MACD configuration to flag momentum shifts long before standard indicators trigger. We saw a definitive bullish crossover on May 4. Since that moment, the trajectory has remained solidly positive, with the blue line pushing clearly above the yellow signal line to confirm the strength of this new upward momentum. Relative strength index (RSI): Back on April 14, HSY saw its RSI plunge below the critical 30 threshold, officially pushing it into oversold territory. Plunging below this line is never an automatic buy signal for me. I demand proof that the stock can actually climb back out before I commit. We received that exact buy signal on May 5 when the RSI pushed back above 30, and it has maintained that upward trajectory ever since. Historical support levels: For a final layer of confirmation, I am looking at classic support and resistance zones. If you review the longer-term chart, HSY has a well-established support floor right around the $180 mark. Unsurprisingly, this is exactly where the stock found its footing and initiated the current bounce. The trade setup: HSY 190-195 bull call spread To capitalize on this recovery, I am looking at a 190/195 bull call spread. Looking at the chart, Hershey has plenty of open runway to the upside, but the beauty of this specific structure is that we only need a m...
Investors in State Street SPDR S&P 500 ETF Trust (Symbol: SPY) saw new options become available today, for the November 20th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 192 days until expiration th
Investors in State Street SPDR S&P 500 ETF Trust (Symbol: SPY) saw new options become available today, for the November 20th expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 192 days until expiration th
Investors in GE Aerospace (Symbol: GE) saw new options become available today, for the August 21st expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 101 days until expiration the newly available contracts re
Investors in GE Aerospace (Symbol: GE) saw new options become available today, for the August 21st expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 101 days until expiration the newly available contracts re
Investors in American Express Co. (Symbol: AXP) saw new options become available today, for the August 21st expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 101 days until expiration the newly available con
Investors in American Express Co. (Symbol: AXP) saw new options become available today, for the August 21st expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 101 days until expiration the newly available con
Sam Battle is a retro audio tech obsessive. Our writer gets a tour of his museum just as he unleashes his prized exhibit: a 1,000-oscillators-strong Megadrone! ‘I didn’t really plan to do Eurovision at all,” muses Sam Battle as he takes me round his museum, pushing a shock of ever-so-slightly mad scientist hair from his youthful face and coaxing drones out of abstract metal boxes as we go. “I was ...
Sam Battle is a retro audio tech obsessive. Our writer gets a tour of his museum just as he unleashes his prized exhibit: a 1,000-oscillators-strong Megadrone! ‘I didn’t really plan to do Eurovision at all,” muses Sam Battle as he takes me round his museum, pushing a shock of ever-so-slightly mad scientist hair from his youthful face and coaxing drones out of abstract metal boxes as we go. “I was chatting to Johnny, my friend who works here, and we were saying wouldn’t it be funny to do it. So, we sent an email to the BBC asking, ‘Is there any way we can get on it?’ and they said, ‘Well this guy might be interesting …’” Known to his fans as Look Mum No Computer , Battle has built a cult following with his wild fusions of music and esoteric technology. The persona started life as a side project when he was lead singer with the indie could-have-beens Zibra in the mid 00s. When the band split up in 2016, Battle threw himself into the world of Look Mum No Computer, filling his YouTube with videos of him rejigging everyday technology into weird and wonderful new shapes, whether that be by turning Sega Megadrives into working synths, or Henry vacuum cleaners into flame-throwers. In this world, nothing was thrown away, and any amount of lead could be transmuted into the gold of a song. Continue reading...
Earnings Call Insights: Silvercrest Asset Management Group (SAMG) Q1 2026 Management View "Silvercrest entered its 25th year in business at the beginning of the second quarter with clear strategic momentum, even as our first quarter results reflected near-term headwinds as we have anticipated and communicated," said CEO, President & Chairman Richard Hough. Hough said the quarter reflected institut...
Earnings Call Insights: Silvercrest Asset Management Group (SAMG) Q1 2026 Management View "Silvercrest entered its 25th year in business at the beginning of the second quarter with clear strategic momentum, even as our first quarter results reflected near-term headwinds as we have anticipated and communicated," said CEO, President & Chairman Richard Hough. Hough said the quarter reflected institutional pressure on assets, noting: "Discretionary assets under management... decreased 3.7% to $23.1 billion at March 31, 2026, from $24 billion... primarily attributable to net institutional outflows," while also adding: "Organic new client account flows into the firm were $81 million... primarily from high net worth investors." Hough reiterated a reporting change for nondiscretionary assets: "We will adjust how the firm reports nondiscretionary AUM in the future quarter, which will substantially lower reported nondiscretionary AUM on a onetime basis without any revenue effect, providing investors with a clearer picture of the AUM and economics that drive our business." Hough framed the firm’s multi-year build as a key driver of near-term profitability pressure, saying: "Silvercrest has embarked on the most significant investment program in its history... primarily intellectual capital and headcount," and "Our earnings and adjusted EBITDA continue to reflect the deliberate cost of this program." Hough highlighted international distribution steps and office openings: "We have reorganized our international business development effort and now have professionals in London and Australia dedicated to the effort," "Our Dublin office is on track to open later in 2026 following expected Bank of Ireland regulatory approval," and "we opened our Atlanta and Singapore offices during the first quarter of 2026." CFO Scott Gerard summarized the quarter’s results and cost drivers: "Revenue for the quarter was $31.4 million, and reported consolidated net income for the quarter was $0.5 milli...
Wispr AI Inc. , the developer behind the popular voice dictation tool Wispr Flow, is in talks to raise a new round of funding that could more than double its valuation to $2 billion, according to people familiar with the matter. Menlo Ventures is set to lead the financing, said the people, who spoke on condition of anonymity as the information is not public. The funding is expected to total about ...
Wispr AI Inc. , the developer behind the popular voice dictation tool Wispr Flow, is in talks to raise a new round of funding that could more than double its valuation to $2 billion, according to people familiar with the matter. Menlo Ventures is set to lead the financing, said the people, who spoke on condition of anonymity as the information is not public. The funding is expected to total about $260 million, one of the people said. The deal isn’t finalized, and the terms could still change. Wispr is part of a growing crop of startups using artificial intelligence to offer improved voice-to-text features that can be faster and more natural than typing out messages. Its product has gained traction with engineers, in particular, who use it to dictate prompts and questions to AI agents. Wispr is used by employees at Nvidia Corp. , Amazon.com Inc. and other tech companies. Representatives for Wispr and Menlo declined to comment. Wispr relies on a mix of its own AI models and technology from leading artificial intelligence labs to build software that can handle complicated tasks from developers. The startup has raised $81 million in funding to date, with its backers including Notable Capital and Flight Fund. Wispr was most recently valued at $700 million in November.
Michael Vi/iStock Editorial via Getty Images Back in late February, I reiterated my buy rating on Alphabet Inc. ( GOOGL )( GOOG ) citing extraordinary strength in Google Cloud and a pullback in the valuation. As you can see below, this continued bullish view on the stock has worked out handsomely as there has been gains just shy of 30% since my previous update came out. Alphabet reported their 202...
Michael Vi/iStock Editorial via Getty Images Back in late February, I reiterated my buy rating on Alphabet Inc. ( GOOGL )( GOOG ) citing extraordinary strength in Google Cloud and a pullback in the valuation. As you can see below, this continued bullish view on the stock has worked out handsomely as there has been gains just shy of 30% since my previous update came out. Alphabet reported their 2026 Q1 earnings on the penultimate day of April and so today I will be revisiting their fundamentals to see whether there is a need to revise my investment thesis. Seeking Alpha Below, it is shown that growth continues to accelerate for Alphabet. Both their Google Services and Google Cloud segments are seeing robust results but the latter's numbers are truly breathtaking. While CapEx looks scary, the spending seems well justified given the momentum we are seeing. Moving forward, EU regulations could be a risk to their performance but the company also has catalysts such as their push into agentic AI. The valuation doesn't seem dirt cheap at this point, but with the current fundamentals and outlook being arguably the strongest in company history, investors should let this winner run. Therefore, I reiterating my buy rating on Alphabet. Growth Gains Steam Seeking Alpha Let's start with an overview of Alphabet's top line performance. In 2026 Q1, the company generated $109.9 billion worth of revenues. This is representative of a 22% growth rate which is an acceleration from the 18% of growth seen back in Q4 . In constant currency terms, there was also an acceleration from the previous quarter. This is a clear indication of strong business activity and momentum and they also breezed past expectations as they beat by $2.86 billion. We'll go into more depth with regards to Google Cloud in just a second but it should be mentioned that both of their key segments saw growth acceleration and so there is broad strength in their results once again. While Google Cloud is now rightfully takin...