WeBond Creations/iStock via Getty Images On Holding AG ( ONON ) reported the company’s Q1 earnings on the 12 th of May, and I believe that the market discounts On's earnings potential materially following the report; a low valuation implies that On's strong earnings run is not going to last for long. On the contrary, the running shoe company’s growth story remains on track, bolstered by momentum a...
WeBond Creations/iStock via Getty Images On Holding AG ( ONON ) reported the company’s Q1 earnings on the 12 th of May, and I believe that the market discounts On's earnings potential materially following the report; a low valuation implies that On's strong earnings run is not going to last for long. On the contrary, the running shoe company’s growth story remains on track, bolstered by momentum across sales channels, markets, and product categories. Growth potential in China and revenue expansion potential by improving apparel & accessory penetration are clear growth catalysts in the upcoming quarters and years. I upgraded my rating to Buy in my previous November 2025 article on the stock, titled “ On Holding Q3: Running On All Cylinders.” The stock has since lost -23% of its value; meanwhile, the S&P 500 has returned 10%. My Rating History on ONON (Seeking Alpha) On Q1 Review: Earnings Growth Is Here to Stay The Q1 report continued On’s growth story as the company continues to capture market share. Revenues reached CHF 832 million, up by 26.4% on a constant currency basis. Direct-to-consumer sales increased by 28.7%, benefiting from On’s retail store openings and growth in other sales channels. Wholesale revenues also increased by 25.1%, remaining the larger sales channel for On by a fairly large margin. Adverse exchange rate moves did weaken CHF revenue growth to only 14.5%, but constant currency growth is better at showing underlying momentum. Author's Illustration Using TIKR Data Past Q1 sales, On reaffirmed the 2026 revenue guidance. The company expects constant currency revenue growth to come in at or above 23%, suggesting revenues of at least CHF 3.51 billion at current exchange rates. Good momentum will continue in the upcoming quarters as well, even though the guidance does imply that growth will start to slow down slightly. Sales trends under the surface strengthen faith in the growth story, in my opinion. The U.S. remains the company’s most important mar...
(RTTNews) - Korea Electric Power Corp. (KEP), on Wednesday reported that its net income increased in the first quarter of 2026 compared with the previous year.
(RTTNews) - Korea Electric Power Corp. (KEP), on Wednesday reported that its net income increased in the first quarter of 2026 compared with the previous year.
Umnat Seebuaphan/iStock via Getty Images In 2023, I missed the investment opportunity as I did not really see Brookfield Asset Management Ltd. ( BAM ) for what it was—a very good long-term investment and a stock that could be bought for $30 (or even cheaper). As the stock increased, I mostly saw the stock as too expensive in 2024 and 2025, and in my last article, which was published in November 20...
Umnat Seebuaphan/iStock via Getty Images In 2023, I missed the investment opportunity as I did not really see Brookfield Asset Management Ltd. ( BAM ) for what it was—a very good long-term investment and a stock that could be bought for $30 (or even cheaper). As the stock increased, I mostly saw the stock as too expensive in 2024 and 2025, and in my last article, which was published in November 2025 , I rated the stock as a "Hold " again and wrote in my conclusion: I still see the risk of declining stock prices in the coming months and quarters. And while I don’t have a crystal ball either (similar to every other investor), I think the stock will decline at least to about $40 again. If it will decline further seems very difficult to predict. On the one hand, we have a business growing at a high pace (around 15%) and strong hints that high growth might continue (so far it is raising capital and still has "dry powder, " and a recession – if it happens – might also be an opportunity to deploy capital again and find great investments). On the other hand, a recession and slowdown in spending – especially in credit and AI—might pose a high risk for Brookfield Asset Management. Sentiment might also turn in such a scenario and lead to a declining stock price and the risk of a steep sell-off. And as investors, I would rather stay on the sidelines at this point. Since my last article was published, the stock declined another 4% (and Brookfield Asset Management clearly underperformed the S&P 500, which gained about 10% in the same timeframe). However, in the meantime, the stock fell as much as 32% from its previous all-time high and recovered again in the last few weeks. Data by YCharts On Friday, May 8, 2026, Brookfield Asset Management reported first quarter results, and we will look at Brookfield Asset Management again. In the following article, I will argue once again that Brookfield Asset Management is probably fairly valued. Despite high expected growth rates by manageme...
Worawith Ounpeng Fervo Energy ( FRVO ) has priced its upsized initial public offering (IPO) at $27.00 per share, successfully raising approximately $1.89B in gross proceeds. The company expanded the offering to 70M shares of Class A common stock, a significant increase of more than 14.4M shares over its original proposal of 55.56M. Fervo has also granted underwriters a 30-day option to purchase an...
Worawith Ounpeng Fervo Energy ( FRVO ) has priced its upsized initial public offering (IPO) at $27.00 per share, successfully raising approximately $1.89B in gross proceeds. The company expanded the offering to 70M shares of Class A common stock, a significant increase of more than 14.4M shares over its original proposal of 55.56M. Fervo has also granted underwriters a 30-day option to purchase an additional 10.5M shares. Trading is set to commence on the Nasdaq today, May 13, 2026, under the ticker symbol “FRVO”, with the transaction expected to formally close on May 14. More on Fervo Energy Company Fervo Energy Company Seeks IPO As Its Geothermal Buildout Ramps Fervo Energy upsizes proposed IPO to 70M shares Financial information for Fervo Energy Company
(RTTNews) - SK Innovation (096770.KS) reported first quarter net income attributable to shareholders of the parent company of 964.39 billion Korean Won, compared to a loss of 228.95 billion won, a year ago. Operating income was 2.16 trillion won versus a loss of 30.74 billion won
(RTTNews) - SK Innovation (096770.KS) reported first quarter net income attributable to shareholders of the parent company of 964.39 billion Korean Won, compared to a loss of 228.95 billion won, a year ago. Operating income was 2.16 trillion won versus a loss of 30.74 billion won
A French woman infected in the deadly hantavirus outbreak on a cruise ship is critically ill and being treated with an artificial lung. The outbreak has now reached 11 total reported cases, 9 of which have been confirmed. (Image credit: Michel Euler)
A French woman infected in the deadly hantavirus outbreak on a cruise ship is critically ill and being treated with an artificial lung. The outbreak has now reached 11 total reported cases, 9 of which have been confirmed. (Image credit: Michel Euler)
European stocks rebounded as investors parsed through earnings reports and tracked a broader rally in technology. The Stoxx Europe 600 Index was up 0.8% at the close. Merck KGaA rallied 6.8% as its results showed strong momentum in life sciences. ASML Holding NV rose 4.8% , the biggest contributor to the index, tracking gains in Korean chipmakers. The regional index briefly erased its advance afte...
European stocks rebounded as investors parsed through earnings reports and tracked a broader rally in technology. The Stoxx Europe 600 Index was up 0.8% at the close. Merck KGaA rallied 6.8% as its results showed strong momentum in life sciences. ASML Holding NV rose 4.8% , the biggest contributor to the index, tracking gains in Korean chipmakers. The regional index briefly erased its advance after US wholesale inflation data showed an acceleration in April, before turning higher again. Strong results in Europe have supported the regional benchmark, with first-quarter European earnings growth up 7.4% so far, beating consensus estimates of 2.5%, according to data compiled by Bloomberg Intelligence. Traders are also monitoring headlines from President Donald Trump’s summit with Chinese counterpart Xi Jinping . “Stock markets benefit from a short reprieve as the focus turns away from Iran and towards Trump’s meeting with Xi,” said Joachim Klement , head of strategy at Panmure Liberum. “The problem for markets is that Trump goes to Xi with cap in hand as he needs Xi to help him put pressure on Iran.” Among other individual stocks, Umicore SA soared 16% to the highest since October 2023 after Goldman Sachs Group Inc. upgraded the Belgian materials technology group to buy. For more on equity markets: What Breaks First, Positioning or AI Narrative?: Taking Stock M&A Watch Europe: Gamma Communications, Addiko Bank, Ottobock EQT’s Enity Stake Goes From 100% to 0% in 11 Months: ECM Watch US Stock Futures Unchanged; Karman Holdings, Atara Bio Fall Starmer Under Siege: The London Rush You want more news on this market? Click here for a curated First Word channel of actionable news from Bloomberg and select sources. It can be customized to your preferences by clicking into Actions on the toolbar or hitting the HELP key for assistance. To subscribe to a daily list of European analyst rating changes, click here .
We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. From Beijing to Berlin: Chinese EVs turn heads as brands eye European markets For German consumer Erik Böhme, a first visit to the Beijing auto show was an eye-opener – the world’s large...
We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. From Beijing to Berlin: Chinese EVs turn heads as brands eye European markets For German consumer Erik Böhme, a first visit to the Beijing auto show was an eye-opener – the world’s largest car exhibition showcased a vast array of electric vehicle (EV) brands, many already gaining...
Germany's Nuclear Confession Is A Crack In Net‑Zero Pretense Authored by Vijay Jayaraj via PJMedia.com, German Chancellor Friedrich Merz has called the nuclear phaseout a “serious strategic mistake” that left Germany short of firm power that turned the Energiewende into the most expensive energy transition on the planet. This is an early marker for a developing worldwide retreat from policies that...
Germany's Nuclear Confession Is A Crack In Net‑Zero Pretense Authored by Vijay Jayaraj via PJMedia.com, German Chancellor Friedrich Merz has called the nuclear phaseout a “serious strategic mistake” that left Germany short of firm power that turned the Energiewende into the most expensive energy transition on the planet. This is an early marker for a developing worldwide retreat from policies that sidelined nuclear power and demonized coal, oil, and natural gas. German and Japanese Nuclear Embarrassment Germany stubbornly closed its last three functioning nuclear reactors in April 2023 right in the middle of a crippling energy crisis triggered by the war in Ukraine. As pragmatists predicted, German citizens now suffer under punishingly high electricity prices and remain heavily dependent on imported energy. The green dream was sold as a route to “cheap” renewables, yet the reality for German households and factories has been record‑high electricity prices, complex subsidies for favored businesses and individuals who conform to the climate narrative, and a grid that struggles on windless days or under gray skies. Japan made a remarkably similar error but is finally correcting course. After the Fukushima disaster, the government panicked and shut down all 54 of its nuclear reactors. Today, Japan is slowly restarting those idle units. The pattern is plain to see. Countries abandon dependable power sources under political pressure, then spend years rebuilding what they had demonized and dismantled. Regret Over Abandoning Fossil Fuels This is why I anticipate a cascade of similar reversals by national leaders who participated in a destructive campaign that stripped grids of dependable, affordable, and abundant coal, oil, and natural gas. Politicians are already quietly hitting the brakes on their aggressive fossil fuel phaseouts when reality bites. The massive Groningen gas field was scheduled for permanent closure due to localized earthquake risks. Yet in 2024, the Dutc...