Thanks to a big resurgence in tech stocks over the past month and a half, the S&P 500 (SNPINDEX: ^GSPC) has enjoyed a similar turnaround. On March 30, the index was down more than 7% on the year. As of May 11, it's up more than 8% year to date. The initial scare from the Iran war appears to have subsided, and underlying corporate fundamentals have meaningfully improved. While the recent surge in e...
Thanks to a big resurgence in tech stocks over the past month and a half, the S&P 500 (SNPINDEX: ^GSPC) has enjoyed a similar turnaround. On March 30, the index was down more than 7% on the year. As of May 11, it's up more than 8% year to date. The initial scare from the Iran war appears to have subsided, and underlying corporate fundamentals have meaningfully improved. While the recent surge in equity prices may be due for a breather, the backdrop for further record highs for the Vanguard S&P 500 ETF (NYSEMKT: VOO) remains quite positive. Image source: Getty Images. Continue reading
In response to a question from Guardian Australia’s economics editor, Patrick Commins, about whether fully abolishing negative gearing would have raised more revenue, and why the government didn’t take that approach, the treasurer, Jim Chalmers, says the reforms strike the right balance for Australia. ‘We’ve balanced respecting and recognising those former investments at the same time as we’re cha...
In response to a question from Guardian Australia’s economics editor, Patrick Commins, about whether fully abolishing negative gearing would have raised more revenue, and why the government didn’t take that approach, the treasurer, Jim Chalmers, says the reforms strike the right balance for Australia. ‘We’ve balanced respecting and recognising those former investments at the same time as we’re changing the system for the future, so that we continue to provide a discount in the CGT system, but calculated in a way that minimises some of these other distortions,’ he says What the budget means for your generation – gen Z, millennial, gen X or boomer Capital gains tax and negative gearing benefit the 1% and this chart shows it Continue reading...
(Bloomberg) -- Chinese companies’ second‑quarter profit outlook is set to improve after encouraging first‑quarter results, with rising exports and early signs of reflation boosting revenues, according to Morgan Stanley. Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyMamdani Scraps Property Tax...
(Bloomberg) -- Chinese companies’ second‑quarter profit outlook is set to improve after encouraging first‑quarter results, with rising exports and early signs of reflation boosting revenues, according to Morgan Stanley. Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyMamdani Scraps Property Tax Hike, Counts Second-Home RevenueIran Makes New Offer on Uranium in Response to US, WSJ SaysIn the f
Siemens press release ( SIEGY ): Q2 Non-GAAP EPS of €2.81. Revenue of €19.76M (flat Y/Y). On a nominal basis, orders rose 11% to €24.1 billion. Free cash flow from continuing and discontinued operations rose sharply to €1.7 billion. Outlook: " We confirm our outlook for the Siemens Group for fiscal 2026 as provided in our Earnings Release Q1 FY 2026. For the Siemens Group, we continue to expect co...
Siemens press release ( SIEGY ): Q2 Non-GAAP EPS of €2.81. Revenue of €19.76M (flat Y/Y). On a nominal basis, orders rose 11% to €24.1 billion. Free cash flow from continuing and discontinued operations rose sharply to €1.7 billion. Outlook: " We confirm our outlook for the Siemens Group for fiscal 2026 as provided in our Earnings Release Q1 FY 2026. For the Siemens Group, we continue to expect comparable revenue growth − net of currency translation and portfolio effects − in the range of 6% to 8% and a book-to-bill ratio above 1 for fiscal 2026. We continue to anticipate basic earnings per share from net income before purchase price allocation accounting (EPS pre PPA) in a range of €10.70 to €11.10 in fiscal 2026. Digital Industries now expects comparable revenue growth of 7% to 10% (previously 5% to 10%) and a profit margin of 17% to 19% (previously 15% to 19%) for fiscal 2026. Smart Infrastructure now expects for fiscal 2026 comparable revenue growth of 8% to 10% (previously expected in a range of 6% to 9%) and continues to expect a profit margin of 18% to 19%. Mobility now expects for fiscal 2026 comparable revenue growth of 5% to 7% (previously expected in a range of 8% to 10%) and continues to expect a profit margin of 8% to 10%." More on Siemens Siemens: Prospects Appear Baked In For Now Siemens Aktiengesellschaft 2026 Q1 - Results - Earnings Call Presentation Siemens Aktiengesellschaft (SIEGY) Q1 2026 Earnings Call Transcript Siemens set to buy Italian rail technology firm Mer Mec in ~€1B deal - Bloomberg Siemens wins $2.5B train order from Swiss rail operator SBB
(RTTNews) - German financial services major Allianz SE (ALIZY, ALV.DE) reported Wednesday higher net income in its first quarter, despite weak business volume mainly on lower results in Life/Health segment.
(RTTNews) - German financial services major Allianz SE (ALIZY, ALV.DE) reported Wednesday higher net income in its first quarter, despite weak business volume mainly on lower results in Life/Health segment.
Moment Capsule Photography Samsung Electronics ( SSNLF ) lost as much as 99.07T won ($66.18B) in market value on Wednesday after it failed to reach a wage agreement with its labor union. This represented an intraday drop of as much as 6.09% in its share price from yesterday’s close of 279,000 won, and comes as its labor union threatened an 18-day strike from May 21 if its demands were not met. Mor...
Moment Capsule Photography Samsung Electronics ( SSNLF ) lost as much as 99.07T won ($66.18B) in market value on Wednesday after it failed to reach a wage agreement with its labor union. This represented an intraday drop of as much as 6.09% in its share price from yesterday’s close of 279,000 won, and comes as its labor union threatened an 18-day strike from May 21 if its demands were not met. More than 41,000 workers are expected to take part in the walkout, which was first announced at a rally on April 23. “I would like to express some regret that none of the agenda items requested by the union have been addressed,” union representative Choi Seung-ho told reporters Wednesday, according to a report by Reuters. The demands center on Samsung’s ( SSNLF ) performance-based bonus system. The union is reportedly demanding that the company allocate 15% of its operating profit to workers as performance bonuses, scrap caps on bonus payouts, and formalize the bonus structure. Samsung’s management offered to allocate 10% of operating profit to bonuses and provide a one-time special compensation package, according to South Korean news agency Yonhap. The union said its rally on April 23, which drew 40,000 workers, caused a 58% drop in foundry production and an 18% fall in memory production for Samsung on that day, according to a CNBC report. It added that an 18-day strike could cost Samsung 30T won, or about $20B. In a post on X , South Korea’s Finance Minister Koo Yun Cheol said the government “deeply regrets” the failure to reach a resolution and warned that “strikes must never happen under any circumstances.” “Samsung Electronics is an important company that the world is watching,” Koo wrote. “Considering the current management situation and its impact on the national economy, both labor and management sides must continue to strive to achieve principled negotiations.” Shares of Samsung later reversed losses and turned positive after Koo’s post and remarks by Prime Ministe...
Pixelbizz/iStock Editorial via Getty Images Investment Thesis Avery Dennison could be trading for a discount right now based on my free cash flow valuation model; however, the most recent earnings release was mixed. Additionally, there are some pressures facing the business right now, and thus I am reiterating my HOLD rating. Previous Coverage In mid-July last year I covered Avery Dennison ( AVY )...
Pixelbizz/iStock Editorial via Getty Images Investment Thesis Avery Dennison could be trading for a discount right now based on my free cash flow valuation model; however, the most recent earnings release was mixed. Additionally, there are some pressures facing the business right now, and thus I am reiterating my HOLD rating. Previous Coverage In mid-July last year I covered Avery Dennison ( AVY ), and at the time I rated the stock a HOLD due to a mixed earnings history and slightly unfavorable valuation. Since my initial coverage, the stock has had its ups and downs, bottoming out at $156 in mid-October before surging to nearly $200 per share a few months ago. Over that same time period, while the stock has slid lower, the overall market has posted a solid return, approaching 16%. The stock was on a decent run until early March when Mitch Butier, Executive Chairman, sold a sizable amount of stock, which resulted in the price declining more than 10% in about a week's time. Nearly two weeks ago, the company reported their Q1 2026 earnings, so I thought now would be a good time to re-examine AVY. We'll review the most recent earnings report and take a look at an updated valuation based on refreshed free cash flow numbers. Data by YCharts Q1 2026 Earnings & Looking Ahead Approximately two weeks ago, on Tuesday, April 28th, Avery Dennison announced their Q1 2026 earnings with strong results. Non-GAAP earnings per share came in at $2.47, topping estimates by $0.04 on revenue of $2.3B, which also exceeded analyst expectations by $40M and was a year-over-year increase of 7.5%. Breaking down the Materials segment first, total revenue (excluding intersegment sales) reached almost $1.65B, an increase of about $170M relative to Q1 2025, when this segment posted sales of $1.48B. Digging a little deeper, we can see segment revenue was up more than 11% overall, with about 2% stemming from organic growth and 3.6% in total sales, while the remaining ~7.8% was the result of strong f...
Earnings Call Insights: TriSalus Life Sciences (TLSI) Q1 2026 Management View CEO Mary Szela framed Q1 as a deliberate build year, saying the company executed a “deliberate realignment and significant expansion of our commercial organization” to “capture the multiyear growth” expected as new clinical and health economic evidence emerges. On the commercial reset, CEO Szela said, “As of May, the new...
Earnings Call Insights: TriSalus Life Sciences (TLSI) Q1 2026 Management View CEO Mary Szela framed Q1 as a deliberate build year, saying the company executed a “deliberate realignment and significant expansion of our commercial organization” to “capture the multiyear growth” expected as new clinical and health economic evidence emerges. On the commercial reset, CEO Szela said, “As of May, the new significantly expanded sales organization is largely in place,” while emphasizing Q1 revenue reflected “territory realignment, representative onboarding, representative time out of the field for training and the rebuilding of account relationships” across “roughly 60% of our territories” that stayed intact and “the remaining 40%” where the company “deliberately modified 2 critical relationships at the same time.” CEO Szela disclosed a full-year guidance cut and tied it to two drivers, stating, “We are revising our full year 2026 revenue guidance to a range of $54 million to $57 million,” citing “lower Q1 revenues from the commercial expansion” and “the delayed FDA clearance timing for TriNav Advance.” On regulatory timing, CEO Szela said, “FDA review of TriNav Advance is now running approximately 5 months past the 30-day MDUFA review goal,” adding, “while we still expect clearance in the second half of the year, we are taking a prudent approach to forecasting the launch,” and that the timing shift “removes our Advance revenue expectations from the second half of the year due to the clearance delay.” CEO Szela highlighted new real-world evidence as the quarter’s key development, calling it “the publication of landmark real-world evidence on PEDD,” and said the study showed “roughly $7,700 per patient in cost avoidance,” with fewer complications and hospitalizations. CFO David Patience summarized Q1 results and spending, stating, “Revenue for the first quarter was $8.9 million,” “Gross margin for the quarter was 86%,” and the quarter ended with “cash and cash equivalents tot...
panida wijitpanya Employees at Meta Platforms ( META ) staged protests across multiple U.S. offices against newly installed mouse-tracking software, distributing flyers and petitions criticizing the technology as intrusive workplace surveillance, according to Reuters report that cites photos of the pamphlets. "Don't want to work at the Employee Data Extraction Factory?" the pamphlet read, accordi...
panida wijitpanya Employees at Meta Platforms ( META ) staged protests across multiple U.S. offices against newly installed mouse-tracking software, distributing flyers and petitions criticizing the technology as intrusive workplace surveillance, according to Reuters report that cites photos of the pamphlets. "Don't want to work at the Employee Data Extraction Factory?" the pamphlet read, according to the report . The pamphlets and petition distributed also cited the U.S. National Labor Relations Act, stating that "workers are legally protected when they choose to organize for the improvement of working conditions." These protests come ahead of Meta’s ( META ) planned 10% workforce reduction and reflect growing internal concerns that employee activity data is being used to train AI systems that could eventually automate jobs. Meta ( META ) spokesperson Andy Stone pointed to an earlier company statement defending the mouse-tracking technology. "If we're building agents to help people complete everyday tasks using computers, our models need real examples of how people actually use them — things like mouse movements, clicking buttons, and navigating dropdown menus," the statement said. More on Meta Why Meta Is My Top Pick: Priced For A Recession With Massive Upside Meta: Reiterating Strong Buy After The Post-Earnings Drawdown Wall Street Lunch: Does AT&T's History Help Ease AI Capex Fears? Meta temporarily provides AI chatbots with WhatsApp access during EU investigation Meta Platforms sued by Santa Clara County over scam ads - update
panida wijitpanya Employees at Meta Platforms ( META ) staged protests across multiple U.S. offices against newly installed mouse-tracking software, distributing flyers and petitions criticizing the technology as intrusive workplace surveillance, according to Reuters report that cites photos of the pamphlets. "Don't want to work at the Employee Data Extraction Factory?" the pamphlet read, accordi...
panida wijitpanya Employees at Meta Platforms ( META ) staged protests across multiple U.S. offices against newly installed mouse-tracking software, distributing flyers and petitions criticizing the technology as intrusive workplace surveillance, according to Reuters report that cites photos of the pamphlets. "Don't want to work at the Employee Data Extraction Factory?" the pamphlet read, according to the report . The pamphlets and petition distributed also cited the U.S. National Labor Relations Act, stating that "workers are legally protected when they choose to organize for the improvement of working conditions." These protests come ahead of Meta’s ( META ) planned 10% workforce reduction and reflect growing internal concerns that employee activity data is being used to train AI systems that could eventually automate jobs. Meta ( META ) spokesperson Andy Stone pointed to an earlier company statement defending the mouse-tracking technology. "If we're building agents to help people complete everyday tasks using computers, our models need real examples of how people actually use them — things like mouse movements, clicking buttons, and navigating dropdown menus," the statement said. More on Meta Why Meta Is My Top Pick: Priced For A Recession With Massive Upside Meta: Reiterating Strong Buy After The Post-Earnings Drawdown Wall Street Lunch: Does AT&T's History Help Ease AI Capex Fears? Meta temporarily provides AI chatbots with WhatsApp access during EU investigation Meta Platforms sued by Santa Clara County over scam ads - update
Channel 4 takes an unvarnished, extraordinary delve into a troubling case. Plus, could butterflies be the secret to a longer life? Here’s watch to watch this evening 10pm, Channel 4 Continue reading...
Channel 4 takes an unvarnished, extraordinary delve into a troubling case. Plus, could butterflies be the secret to a longer life? Here’s watch to watch this evening 10pm, Channel 4 Continue reading...