Futures At New Record High On Tech, Tehran, Trade, Taiwan And Tariffs US futures are higher as we await color on the Trump-Xi summit and US- Iran negotiations, which are said to be ongoing, and as the tech meltup continues. What is known so far is that Trump / Xi agree that Iran cannot have a nuclear weapon, Hormuz should reopen without a toll or militarization; the countries will look to increase...
Futures At New Record High On Tech, Tehran, Trade, Taiwan And Tariffs US futures are higher as we await color on the Trump-Xi summit and US- Iran negotiations, which are said to be ongoing, and as the tech meltup continues. What is known so far is that Trump / Xi agree that Iran cannot have a nuclear weapon, Hormuz should reopen without a toll or militarization; the countries will look to increase investment in each other as NVDA H20 chips are approved for a set of Chinese companies. In short, markets are higher on what BBG calls the 4 Ts: Tehran, Trade, Taiwan and Tariffs, to which we can also add Tech. As of 8:00am ET, S&P futures are up 0.3% while Nasdaq futures rise 0.2%. In pre-market trading, Cisco soared 16% after the company reported results that beat expectations and raised its full-year forecast as it laid off thousands to fund capex. Mag7 stocks are higher led by NVDA again; semis are mostly lower despite KOSPI adding 1.7%, while Cyclicals are seeing a bid. Cyclicals, esp Consumer Disc and Fins, would be among the biggest beneficiaries of a reopening of SoH (oil down, yield curve bull steepens, lower inflation expectations). Bond yields are flat to down 1bp, the USD is flat, and commodities are mostly lower. Energy commodities are still rallying but Metals are weaker dragged by the PGMs as Ags come for sale. Today’s macro data focus is on Retail Sales and Jobless Data. In premarket trading, Magnificent Seven are mostly higher: Nvidia (NVDA) is up 1.5% as the semiconductor giant’s CEO Jensen Huang joined President Donald Trump on his visit to China. Huang told reporters in Beijing that “the meetings went excellent.” (Tesla +1%, Apple +0.4%, Microsoft +0.2%, Meta Platforms +0.1%, Amazon -0.1%, Alphabet -0.2%) Canada Goose (GOOS) rises 5% after the parka and other apparel maker reported revenue for the fourth quarter that easily beat even the most bullish analyst projection. The stock is down 18% YTD through Wednesday’s close. Cisco Systems (CSCO) soars 15% ...
Alex Wong/Getty Images News After weeks of delay, President Trump has arrived in China with the intent of ending the “trade truce” initiated with China last year. The specific goals of such a deal are largely unknown, as both sides are keeping their cards close, but one thing was different about this trip: Trump brought non-governmental backup. While secretaries Rubio, Hegseth, and Bessent went wi...
Alex Wong/Getty Images News After weeks of delay, President Trump has arrived in China with the intent of ending the “trade truce” initiated with China last year. The specific goals of such a deal are largely unknown, as both sides are keeping their cards close, but one thing was different about this trip: Trump brought non-governmental backup. While secretaries Rubio, Hegseth, and Bessent went with the president, this entourage notably includes major tech, industrial, and finance executives too. Here's a shortlist of who is going with Huang added last minute: Bloomberg What's Up For Negotiations? While the U.S. negotiations will be largely focused on AI chips, rare earth materials, triangle routing (through Vietnam), and, of course, tariff rates. The last one will be especially salient because China has been targeted with the highest country-specific and good-specific tariffs. Average Effective Tariff Rate By Country (Penn Wharton) Last year, there were several issues that the U.S. wanted to engage with China on that are still on hold. The trade deficit has been one of President Trump's talking points, and his actions with tariffs did reduce it last year. 2025 U.S. Trade in goods with China (U.S. Census) To this end, I expect the U.S. to try to negotiate concessions in the form of large purchase agreements, likely the reason for the entourage of executives, who can grease the wheels with their presence and want to help negotiations succeed. Because their interests start and end with capital, they have no stake in anyone necessarily “winning,” apart from commerce winning out. Combine that with President Trump's love of large-number headlines and purchase agreements, and we have a recipe for many of the concessions given by the Chinese to directly flow to the companies listed at the top of the article. Taiwan is a Hot Button Issue While I expect China to negotiate on trade, I assume that their focus will be on the currently delayed $14B US arms sale to Taiwan , which...
Delivers 900 Basis Point Gross Margin Expansion, Net Loss Cut 51% and $21 to $22 Million Annual Revenue Visibility Turnaround Momentum Delivers 900 Basis Point Gross Margin Expansion, Net Loss Cut 51% and $21 to $22 Million Annual Revenue Visibility Turnaround Momentum
Delivers 900 Basis Point Gross Margin Expansion, Net Loss Cut 51% and $21 to $22 Million Annual Revenue Visibility Turnaround Momentum Delivers 900 Basis Point Gross Margin Expansion, Net Loss Cut 51% and $21 to $22 Million Annual Revenue Visibility Turnaround Momentum
LAS VEGAS, May 14, 2026 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (Nasdaq: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, today announced financial results for its fiscal second quarter ended March 31, 2026.
LAS VEGAS, May 14, 2026 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (Nasdaq: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, today announced financial results for its fiscal second quarter ended March 31, 2026.
Trying to replicate China's graphite supply chain is a trap. We should look to the silicon anode technology already being manufactured in Washington state.
Trying to replicate China's graphite supply chain is a trap. We should look to the silicon anode technology already being manufactured in Washington state.
France’s health minister said on Thursday that 26 people in France identified as close contacts of hantavirus cases linked to the MV Hondius cruise ship had tested negative for the illness. Dutch authorities said that all people who arrived in the Netherlands on evacuation flights from the ship this week have also tested negative. Twenty-six people are in hospital isolation in France, including 22...
France’s health minister said on Thursday that 26 people in France identified as close contacts of hantavirus cases linked to the MV Hondius cruise ship had tested negative for the illness. Dutch authorities said that all people who arrived in the Netherlands on evacuation flights from the ship this week have also tested negative. Twenty-six people are in hospital isolation in France, including 22 identified as close contacts of a Dutch woman on the MV Hondius that was at the centre of an...
China’s leading semiconductor foundries, Semiconductor Manufacturing International Corporation (SMIC) and Hua Hong Semiconductor, expect their second-quarter sales to rise amid a dynamic global market defined by surging artificial intelligence demand and a memory supply crunch, while Hua Hong said it hopes this week’s Xi-Trump meetings could help relax US export controls. SMIC expected its second-...
China’s leading semiconductor foundries, Semiconductor Manufacturing International Corporation (SMIC) and Hua Hong Semiconductor, expect their second-quarter sales to rise amid a dynamic global market defined by surging artificial intelligence demand and a memory supply crunch, while Hua Hong said it hopes this week’s Xi-Trump meetings could help relax US export controls. SMIC expected its second-quarter revenue to range between US$2.86 billion and US$2.91 billion, up from US$2.51 billion in the...
Nationalist victories in elections held in Scotland and Wales earlier this month make a united Ireland more likely to happen soon, Northern Ireland First Minister Michelle O’Neill said. “The union arrangement is absolutely breaking at the seams,” she told Bloomberg Thursday, saying the rise of nationalist parties in the component nations of the UK creates a “whole new dynamic which we need to char...
Nationalist victories in elections held in Scotland and Wales earlier this month make a united Ireland more likely to happen soon, Northern Ireland First Minister Michelle O’Neill said. “The union arrangement is absolutely breaking at the seams,” she told Bloomberg Thursday, saying the rise of nationalist parties in the component nations of the UK creates a “whole new dynamic which we need to chart a way forward.” Her party, Sinn Fein, which campaigns to reunite Northern Ireland with the Republic over a century after partition, is adamant reunification is inevitable. They argue that a border poll on Irish unity will be possible by 2030, although opinion polls suggest public sentiment hasn’t reached a sufficient level of support. Even so, recent British elections that knocked back Labour in Wales and Scotland’s regional governments, as well as across English local councils, have boosted the optics of their argument. Scotland returned a nationalist leader in John Swinney, while Wales elected a nationalist leader for the first time ever in Rhun ap Iorwerth. It puts a debate about the state of the union on the agenda, a conversation the British Labour government doesn’t want to have. Read more: Scotland Set to Revive Independence Push After Labour Flops A referendum on Irish reunification can only be called by the UK Secretary of State when they believe a majority of people in Northern Ireland would favor it, as set out in the Good Friday Agreement that ended decades of conflict in the region. Sinn Fein has had initial post-election conversations with the Scottish National Party and Plaid Cymru about their common ground, although made no concrete plans yet on how they will work together to advance their causes. While an increasing number of people in Northern Ireland support reunification, most people would vote to stay in the UK if a poll was called tomorrow, surveys show. In a region that didn’t vote for Brexit, more people would support reunification if it involved r...
Online Internet casino app,poker cards with dice and casino chips on the phone. 3d illustration tussik13/iStock via Getty Images Thesis review The legendary investor Peter Lynch has a famous quote that goes, "Selling winners and buying losers is like cutting your flowers and watering your weeds," meaning there's a knee-jerk reaction from investors to quickly sell stocks that have massively outperf...
Online Internet casino app,poker cards with dice and casino chips on the phone. 3d illustration tussik13/iStock via Getty Images Thesis review The legendary investor Peter Lynch has a famous quote that goes, "Selling winners and buying losers is like cutting your flowers and watering your weeds," meaning there's a knee-jerk reaction from investors to quickly sell stocks that have massively outperformed, anticipating mediocre returns going forward. This is a dilemma most investors who bought Rush Street Interactive ( RSI ) in recent years are finding themselves in. I have written 2 articles covering RSI previously. In my first article , I rated the name a hold, given that the firm had just recently turned a positive net profit at a slim margin, and it wasn't clear the profitability would sustain. After a couple of quarters, net margins expanded significantly, proving profit sustainability and a profound business model relative to its peers. Due to the improving fundamentals, I wrote my second article , upgrading my rating to a buy. Since the upgrade, the stock appreciated by 88%, far outperforming the SPY , which returned 16.84% in the same period. After reviewing the latest earnings results, it still looks like the firm will continue to gain more market share as it expands more to LATAM countries while continuing to attract more US players. Even though the current valuation looks slightly stretched in relation to the sector median, the PEG ratio is still at a discount, and with the anticipated World Cup and reduced tax costs from Colombia, I think RSI will continue to print impressive growth rates, justifying the premium valuation with a further upside potential. As a result, I'm maintaining my buy rating. Performance since publication (Seeking Alpha) Momentum Looking at the past year's performance, RSI witnessed a significant rally, far exceeding the performance of its peers and the broader market. While not a single peer outperformed the S&P 500, with Flutter ( FL...
A file photo of the very large crude carrier (VLCC) Yuan Hua Hu. Photo: Dalian COSCO Shipping Heavy Industry A Chinese supertanker has successfully navigated the Strait of Hormuz, breaking through a near-total bottleneck caused by a dual naval blockade by the U.S. and Iran. On Wednesday morning local time, the Chinese-flagged, 310,000-ton very large crude carrier, or VLCC, Yuan Hua Hu sailed out o...
A file photo of the very large crude carrier (VLCC) Yuan Hua Hu. Photo: Dalian COSCO Shipping Heavy Industry A Chinese supertanker has successfully navigated the Strait of Hormuz, breaking through a near-total bottleneck caused by a dual naval blockade by the U.S. and Iran. On Wednesday morning local time, the Chinese-flagged, 310,000-ton very large crude carrier, or VLCC, Yuan Hua Hu sailed out of the Persian Gulf through the heavily contested strait. The vessel was fully loaded with crude oil sourced from Iraq’s Al Basrah Oil Terminal. A large car carrier, the Xiang Jiang Kou, exited the strait alongside it.
Handshakes, taps on the arm, and frequent asides marked the much-awaited meeting between Xi Jinping and Donald Trump on Thursday morning, as the two presidents projected a close rapport during the first full day of Trump’s visit to China. Attention was focused not only on the substance of the high-stakes talks, but also on the personal dynamics between the US and Chinese heads of state – a relatio...
Handshakes, taps on the arm, and frequent asides marked the much-awaited meeting between Xi Jinping and Donald Trump on Thursday morning, as the two presidents projected a close rapport during the first full day of Trump’s visit to China. Attention was focused not only on the substance of the high-stakes talks, but also on the personal dynamics between the US and Chinese heads of state – a relationship widely seen as a barometer of the broader diplomatic mood as the world’s two largest economies...
We Are/DigitalVision via Getty Images There was little doubt that Genesco ( GCO ) would not survive, let alone thrive, if it continued to operate simply as a mall-based footwear store. As Capital One Shopping reports, even though mall traffic has increased very slightly in the short term, it is on a major downward trajectory overall: While mall foot traffic is up over the short-term (2.12% year-ov...
We Are/DigitalVision via Getty Images There was little doubt that Genesco ( GCO ) would not survive, let alone thrive, if it continued to operate simply as a mall-based footwear store. As Capital One Shopping reports, even though mall traffic has increased very slightly in the short term, it is on a major downward trajectory overall: While mall foot traffic is up over the short-term (2.12% year-over-year*), 25% of the nation’s 1,200 malls are expected to close by 2028. There are many reasons for this, not the least of which is the fact that many of today's consumers prefer a "hybrid shopping" experience. Capital One's research found that 27% of consumers today are classified as hybrid shoppers. This means that they are known to shop both online and in person in a store. I suspect that the trend towards shopping for footwear online will continue to grow among the public. Fortunately for Genesco shareholders, management has taken several steps to digitally transform the company into a brand that can compete in today's landscape. A Full Digital Integration of Existing Brands Why haven't you heard about the steps that Genesco has taken to create its outstanding e-commerce brand? It just might be because the company has focused on modernizing its existing brands, such as Journeys, Schuh, and Johnson & Murphy, rather than through any kind of headline-grabbing acquisitions. Genesco did so in several ways, including: Utilizing Loyalty Data - Genesco goes so far beyond just offering "perks and points". Dating back as far as their Q3 2024 earnings call , Genesco has proudly spoken about how it uses customer loyalty data to strategically target customers based on their purchase history and overall brand preferences. Practicing Inventory Optimization - It doesn't do the company a lot of good to carry excess inventory that customers aren't interested in. One of the ways that Genesco has optimized its inventories is by requiring full inventory details down to the UPC level. This ...
Douglas Rissing The Federal Reserve may need to do more than simply drop its easing bias after years of above-target inflation, according to Yardeni Research. “A simple removal of the easing bias may not be enough,” Yardeni said, adding that after five consecutive years of inflation above the Fed’s 2% objective, policymakers may have to signal a willingness to raise rates again. Headline and core ...
Douglas Rissing The Federal Reserve may need to do more than simply drop its easing bias after years of above-target inflation, according to Yardeni Research. “A simple removal of the easing bias may not be enough,” Yardeni said, adding that after five consecutive years of inflation above the Fed’s 2% objective, policymakers may have to signal a willingness to raise rates again. Headline and core CPI show inflation has cooled sharply from its 2022 peak, but the disinflation process has stalled well above the pre-pandemic norm, per a Yardeni chart shared by Neil Sethi. Headline CPI was running at 3.8% year over year in April, while core CPI was up 2.8%, leaving both measures well above the Fed’s target zone, as the war in the Middle East sent energy prices soaring. Neil Sethi More on the U.S. Economy Treasury Premium Climbs Again, Fueled By Sticky Inflation Higher Inflation Is Becoming Baked Into Expectations Upside Chasing In Tech Stocks Surges To Covid Extremes What to know about Kevin Warsh, the newly confirmed Fed Chair Hot CPI and PPI reports ignite new inflation fears
BitFuFu ( FUFU ) said Thursday it held 1,812 Bitcoin at the end of April , up 18 BTC from March 31, 2026. The company produced 145 BTC during the period, including 113 BTC from cloud mining and 32 BTC from self-mining. The month-over-month decline in BTC production was primarily driven by (1) a power outage at the Ethiopia facility that reduced managed hashrate uptime and (2) lower third-party has...
BitFuFu ( FUFU ) said Thursday it held 1,812 Bitcoin at the end of April , up 18 BTC from March 31, 2026. The company produced 145 BTC during the period, including 113 BTC from cloud mining and 32 BTC from self-mining. The month-over-month decline in BTC production was primarily driven by (1) a power outage at the Ethiopia facility that reduced managed hashrate uptime and (2) lower third-party hashrate procurement following contract expirations, as the company adjusted purchasing levels in response to April Bitcoin price conditions to preserve profitability. Total hashrate under management: 22.4 EH/s, a month-over-month decrease of 13.5%. More on BitFuFu BitFuFu Inc. (FUFU) Q4 2025 Earnings Call Prepared Remarks Transcript BitFuFu: Attractive As Bitcoin Nears A Potential Inflection Point BitFuFu: Undervalued After A Full Operational Reset BitFuFu sees lowest short interest in April among small and microcap firms BitFuFu produces 214 bitcoin in March; holds 1,794 BTC
Investing.com -- Wolfe Research has reiterated its bullish stance on artificial intelligence chip stocks ahead of earnings season, raising estimates on Nvidia and Broadcom while naming Nvidia its top pick despite the stock's recent underperformance against peers.
Investing.com -- Wolfe Research has reiterated its bullish stance on artificial intelligence chip stocks ahead of earnings season, raising estimates on Nvidia and Broadcom while naming Nvidia its top pick despite the stock's recent underperformance against peers.