Sundry Photography/iStock Editorial via Getty Images Introduction Keysight Technologies ( KEYS ) has spent the last three years investing through a cyclical down-cycle in semiconductor and wireline. Those investments are now starting to compound. See below CEO commentary on the Q1 call : Keysight had a strong start to the fiscal year with outstanding results that exceeded our expectations. The inv...
Sundry Photography/iStock Editorial via Getty Images Introduction Keysight Technologies ( KEYS ) has spent the last three years investing through a cyclical down-cycle in semiconductor and wireline. Those investments are now starting to compound. See below CEO commentary on the Q1 call : Keysight had a strong start to the fiscal year with outstanding results that exceeded our expectations. The investments we have made over the last 3 years are enabling us to capitalize on continued momentum in our markets and deliver value. The Q1 numbers backed up that commentary, and results were very strong, with record revenue of $1.60B (+23% YoY) and non-GAAP EPS of $2.17. The move after the Q1 results has been sharp. Shares are up approximately 24% in the last month and 62% over the last three months. That takes the stock to $360 levels and a market cap close to $62 billion. KEYS Price Action (Seeking Alpha) JPMorgan raised the target to $360 in April, Goldman Sachs raised it to $384 , although Goldman also pulled KEYS from its US Conviction List on May 1 . We think it is important to address that concern directly. We view the move as fundamentally driven, not speculative. Q2 earnings is the next catalyst, which is expected in a few days, and we believe the setup looks like a beat-and-raise quarter. The multi-year earnings power supports another leg higher even from current levels. Q1 Record backlog of $2.75 billion. The most important data point of Q1, in our view, is the record backlog of $2.75 billion. This sets up very clear visibility into Q2 and Q3 scheduled shipments, and explains why management is now guiding FY26 revenue and non-GAAP EPS growth to be above 20%, which sits well above the long-term target model. Both reportable segments delivered double-digit growth: Communications Solutions Group (CSG) at +27% YoY and Electronic Industrial Solutions Group (EISG) at +15% YoY. Q1 Earnings (Keysight Technologies) AI And 6G Are Driving A Commercial Communications Inflectio...
honglouwawa/E+ via Getty Images The US dollar ( DXY ) has extended its gains against most currencies today. What is seen as a successful US-China summit and a swing in expectations for Fed policy are aiding the greenback. The anticipated year-end effect Fed funds rate has risen by a dozen basis points this week, and the two-year Treasury yield is up 16 bp this week and is the fourth week it has ri...
honglouwawa/E+ via Getty Images The US dollar ( DXY ) has extended its gains against most currencies today. What is seen as a successful US-China summit and a swing in expectations for Fed policy are aiding the greenback. The anticipated year-end effect Fed funds rate has risen by a dozen basis points this week, and the two-year Treasury yield is up 16 bp this week and is the fourth week it has risen. With the Trump-Xi meeting over, the US is seen turning its attention back to Iran, where a fragile ceasefire has frozen the conflict. Crude oil prices are at their highest in more than a week. Bond yields are sharply higher and equities lower. The UK political drama continues to play out. It has weighed extra on UK stocks and bonds and sterling, which is among the worst-performing currencies in the G10 this week. Meanwhile, the market has taken the yen to its lowest level since the apparent April 30 intervention. The market has become increasingly confident that the BOJ will hike rates next month. Prices G10 • Unable to resurface above $1.1720 yesterday left the euro bears in control. The euro was pushed to $1.1665 and settled the North American session below the 200-day moving average (~$1.1685 today) for the first time in a little more than a month. Follow-through selling took it to almost $1.1615 to extend its losing streak into the fifth consecutive session. A band of support is seen in the $1.1580-$1.1600 area, and there are 2.4 bln euros of options at $1.1600 that expire Monday. Initial resistance may be around $1.1660. • North American participants seemed particularly unimpressed with US Treasury’s support for the “anti-volatility” stance attributed to Tokyo. They sold the yen aggressively and took the dollar to almost JPY158.40, its highest level since what appears to have been intervention on April 30. And that was after an inexplicable sharp drop to new session lows around 9:30 AM ET yesterday (~JPY157.30). We suspect the price action reflected nervousness of...
Gemini Space Station Soars On $100 Million Winklevoss Investment Heavily shorted Gemini Space Station soared in premarket trading after Tyler and Cameron Winklevoss injected $100 million into the money-losing crypto exchange, buying Class A shares at $14 apiece in a bitcoin-funded transaction. GEMI shares are up 20% in premarket trading after closing at $5.26 on Thursday, though the stock remains ...
Gemini Space Station Soars On $100 Million Winklevoss Investment Heavily shorted Gemini Space Station soared in premarket trading after Tyler and Cameron Winklevoss injected $100 million into the money-losing crypto exchange, buying Class A shares at $14 apiece in a bitcoin-funded transaction. GEMI shares are up 20% in premarket trading after closing at $5.26 on Thursday, though the stock remains down 47% year to date. Short interest is high at 21.5% of the float, equivalent to roughly 8.3 million shares, with 5.3 days to cover, leaving GEMI vulnerable to a squeeze on any sustained upside momentum. "We believe the market has significantly undervalued Gemini, and that this investment will allow us to set up the company for its next phase of growth," CEO Tyler Winklevoss said in a statement. Winklevoss noted, "Gemini has achieved several major product and regulatory milestones that position us well to evolve from a crypto company into a markets company. This investment will help fuel that ambition and set Gemini up for long-term success." GEMI's first-quarter loss narrowed to $109 million from $149 million one year ago, while revenue jumped 42% to $50 million, helped by growth in services such as credit cards. The exchange went public in September 2025 and remains about 83% from its $28 listing price. Analyst commentary (courtesy of Bloomberg): Evercore ISI analyst Adam Frisch (in line, PT $5) If was not for the strategic investment, the stock "would likely be down on the print as key metrics like user and revenue reacceleration fell well short of pre-IPO expectations" "The strategic investment is the headline and should support the stock, but we do not view the underlying print as encouraging as fundamentals are not yet reaccelerating" Mizuho analyst Dan Dolev Gemini has a "solid start" to the year with these restults The $100M capital investment and subsequent management commentary are positives Truist Securities analyst Matthew Coad (hold, $5) While Gemini's 1Q wer...
FEATURE Stock futures were falling Friday amid concerns over soaring Treasury yields and a lack of progress on trade policy following the summit between President Donald Trump and China’s Xi Jinping.
FEATURE Stock futures were falling Friday amid concerns over soaring Treasury yields and a lack of progress on trade policy following the summit between President Donald Trump and China’s Xi Jinping.
Inter Parfums began 2026 with results in line with expectations, as management cited strong U.S. growth and robust brand performance as key drivers of the quarter. CEO Jean Madar pointed to double-digit gains for Coach, Montblanc, and GUESS, supported by new product launches and the company’s increased focus on digital channels like Amazon and TikTok. Despite this, management acknowledged regional...
Inter Parfums began 2026 with results in line with expectations, as management cited strong U.S. growth and robust brand performance as key drivers of the quarter. CEO Jean Madar pointed to double-digit gains for Coach, Montblanc, and GUESS, supported by new product launches and the company’s increased focus on digital channels like Amazon and TikTok. Despite this, management acknowledged regional headwinds, with declines in Eastern Europe and the Middle East due to geopolitical and operational
Tom Werner/DigitalVision via Getty Images Introduction A month ago, I wrote my first article covering On Holding ( ONON ), and you can read it here . After the Q1'26 earnings release , On showed to be the strong company that I was expecting, and I see the results as very meaningful. For those who don't know, On is a Swiss company founded in 2010, mostly known for its running shoes, being a kind of...
Tom Werner/DigitalVision via Getty Images Introduction A month ago, I wrote my first article covering On Holding ( ONON ), and you can read it here . After the Q1'26 earnings release , On showed to be the strong company that I was expecting, and I see the results as very meaningful. For those who don't know, On is a Swiss company founded in 2010, mostly known for its running shoes, being a kind of "luxury" brand for this type of exercise. The stock is down by 37% in the LTM, even after going up 14% in the last two days, after the earnings release. I raised two main reasons related to the business that could have made the stock fall almost 47% by the time I wrote it, being the CEO transition and the FX unrealized loss. Apparently, Q1'26 brought some trust to investors, after the first earnings call led by the new co-CEOs and the results the company had. On Keeps Outrunning Expectations On a constant-currency basis, revenue in Q1'26 grew by 26.4% compared to Q1'25. But analyzing through each region, Americas grew 17% CC, while Asia-Pacific increased net sales by 61% CC. I mentioned among my catalysts in my last article that the Asia-Pacific growth could play an important role, and the company has delivered on that front. Also, sales are less concentrated in the Americas compared to last year, while Asia-Pacific now represents 21% of net sales. Also, Apparel business grew 58% and Accessories 87% in Q1'26 compared to Q1'25, but net sales are still very concentrated in the shoes business, with footwear accounting for 91.8% of net sales, down from 93.7% in the same period last year. On IR Gross profit margin expanded +4.3 percentage points, reaching 64.2% (prior guidance was 63%), while adjusted EBITDA margin hit 21% (consensus of 17.5%), compared to 16.5% in Q1'25. Margins expanded despite the tariffs On faced, since close to 90% of its production comes from Vietnam, like I said in my last article could happen. Clearly, management dealt well with this issue. Improving op...
Over the last 7 days, the United States market has risen by 1.1% and is up 27% over the past year, with earnings forecasted to grow by 17% annually. In this favorable environment, identifying high growth tech stocks involves looking for companies that demonstrate strong innovation and adaptability to leverage these promising conditions.
Over the last 7 days, the United States market has risen by 1.1% and is up 27% over the past year, with earnings forecasted to grow by 17% annually. In this favorable environment, identifying high growth tech stocks involves looking for companies that demonstrate strong innovation and adaptability to leverage these promising conditions.
Recent developments in the AI chip sector highlight significant investment momentum, with global funding in AI technology reaching approximately $297 billion in 2024. This surge is largely fueled by enterprise-wide AI deployments moving beyond pilot programs, leading to near-doubling of enterprise spending year-over-year. Notable corporate and financial commitments underscore substantial backing, ...
Recent developments in the AI chip sector highlight significant investment momentum, with global funding in AI technology reaching approximately $297 billion in 2024. This surge is largely fueled by enterprise-wide AI deployments moving beyond pilot programs, leading to near-doubling of enterprise spending year-over-year. Notable corporate and financial commitments underscore substantial backing, with the U.S. maintaining a significant lead in private AI investments over other regions...
A Hong Kong property developer has been sued for HK$130 million (US$16.6 million) over allegedly breaching guarantor obligations in two bond subscription agreements, becoming the latest lawsuit to implicate the embattled company and following its founder’s sudden death earlier this week. Lofter Group, known for its urban renewal projects across the city’s core districts, and an affiliated company ...
A Hong Kong property developer has been sued for HK$130 million (US$16.6 million) over allegedly breaching guarantor obligations in two bond subscription agreements, becoming the latest lawsuit to implicate the embattled company and following its founder’s sudden death earlier this week. Lofter Group, known for its urban renewal projects across the city’s core districts, and an affiliated company were named as defendants in the High Court action initiated by Earth Core Holdings, a firm...