Eoneren/E+ via Getty Images Investment Thesis The market spent most of the past year treating POET Technologies ( POET ) as a scientific experiment with interesting technology that did not have any meaningful application. Now that narrative has completely changed. Coming off the post-Marvell ( MRVL ) collapse that resulted in a massive share price drop in late April, investors seemed to assume tha...
Eoneren/E+ via Getty Images Investment Thesis The market spent most of the past year treating POET Technologies ( POET ) as a scientific experiment with interesting technology that did not have any meaningful application. Now that narrative has completely changed. Coming off the post-Marvell ( MRVL ) collapse that resulted in a massive share price drop in late April, investors seemed to assume that the story was completely broken. Since my last coverage , POET is up 212%, and the company managed one of the most aggressive recoveries seen yet in the AI infrastructure space, rising over 320% from its lows in March amid growing optimism about the optical connectivity bottleneck. The market sentiment is gradually forming around the hypothesis that bandwidth optics, power efficiency, and density might actually prove to be key bottlenecks in scaling AI in the next few years. However, in this case, companies that operate in the optics sector of AI infrastructure immediately become strategically important. Yet the downside to this story is that POET is already discounted in a way that implies success well before product launch. Data by YCharts The Recovery No One Expected The post-Marvell collapse was devastating at first glance. The company saw nearly half of its market cap evaporate in a single day due to issues surrounding governance and proper disclosures of financial results. Very few micro-cap tech names are able to recover from such a reputational disaster in the matter of weeks, but POET managed more than that. It reversed the narrative almost entirely. What changed was the convergence of several different dynamics simultaneously. Firstly, AI photonics sentiment began to strengthen as investors became more aware of the limitations of traditional electrical connections in scaling AI models. Secondly, POET posted Q1 2026 earnings that revealed continued sequential growth and operational stability. Lastly, the Lumilens partnership provided POET its first credible evide...
Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.
Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.
I've written in the past that the Vanguard Information Technology ETF (NYSEMKT: VGT) is one of the best ways to play the sector. It provides more than adequate exposure to the industry's biggest names without overweighting them in a way that some similar ETFs do. Despite the huge rally we've seen in tech over the past several weeks, the case for owning it right now is stronger than it's been in a ...
I've written in the past that the Vanguard Information Technology ETF (NYSEMKT: VGT) is one of the best ways to play the sector. It provides more than adequate exposure to the industry's biggest names without overweighting them in a way that some similar ETFs do. Despite the huge rally we've seen in tech over the past several weeks, the case for owning it right now is stronger than it's been in a while. And it has everything to do with what's happening inside the companies that make up its portfolio. The biggest driver of this fund's near-term appeal is the sector's earnings outlook. Over the past few years, a lot of tech returns were the result of multiple expansions. That can work in the near term, but it's usually unsustainable over the long term. Continue reading
Peter Thiel -backed startup Erebor Bank has pitched itself to top Venezuelan officials on restoring the sanctioned country’s access to the US financial system, an unexpected play by a new firm that’s stepping into a politically sensitive market many global banks still avoid. Erebor, a bank that got its US banking charter only three months ago, has offered to arrange correspondent lines with Venezu...
Peter Thiel -backed startup Erebor Bank has pitched itself to top Venezuelan officials on restoring the sanctioned country’s access to the US financial system, an unexpected play by a new firm that’s stepping into a politically sensitive market many global banks still avoid. Erebor, a bank that got its US banking charter only three months ago, has offered to arrange correspondent lines with Venezuelan banks and set up sub-accounts for their clients, said people familiar with the matter. Such arrangements would make it easier for local firms to open US accounts and help money flow more easily from Venezuela, which remains under some US sanctions. Jacob Hirshman, a co-founder of Erebor, has made multiple visits to Caracas in the past two months. He has pitched his firm’s services to Luis Perez , Venezuela’s interim central bank chief, as well as the country’s private financial firms, said the people, who asked not to be named discussing private meetings. In March, Hirshman was named as a visitor to Venezuela on a trip with Interior Secretary Doug Burgum , according to a list from a morning breakfast obtained by Bloomberg News. No other US bank executives were named among attendees, who included officials from Shell Plc , Halliburton Co. and SLB Ltd . The opening for Erebor came after US authorities eased sanctions against Venezuela’s central bank in mid-April, in a effort to facilitate investment in the oil sector and reconnect the country to the global financial system. In a statement, an Erebor spokesman said it had “preliminary conversations about correspondent banking and related financial services,” in the country. “In emerging markets such as Venezuela, Erebor’s role would be limited, carefully defined, and rooted in restoring compliant financial connectivity,” he said. Hirshman told Venezuelan executives at one of the meetings that his bank has support from the US government, said one person close to the situation. The Erebor spokesman said it “works hard to ma...
Sundry Photography/iStock Editorial via Getty Images In the months that followed my previous coverage of Knight-Swift Transportation Holdings Inc. ( KNX ), the macroeconomic environment has become more turbulent. This led to the flat trend with slight weakness of its stock price. It fact, it closed at about $59-60 last Wednesday, which meant a 3% reduction from the price on the publication day of ...
Sundry Photography/iStock Editorial via Getty Images In the months that followed my previous coverage of Knight-Swift Transportation Holdings Inc. ( KNX ), the macroeconomic environment has become more turbulent. This led to the flat trend with slight weakness of its stock price. It fact, it closed at about $59-60 last Wednesday, which meant a 3% reduction from the price on the publication day of my previous article. This justified my cautious stance before. But yesterday, the overall freight and logistics market saw renewed momentum as freight and logistics supply chain constraints intensified. This had positive effects on the stock price of many players like KNX. Somehow, I do understand the optimistic market sentiments. However, this may lead to valuation and downside risks. Technicals may still be bullish, but buying room is narrowing again as investors flock into it again faster and with volumes more than necessary. KNX Q1 2026: Under-Capacity Continues, But Cost Pressures Intensify The freight and logistics market still faces various headwinds amid stubborn inflation and skyrocketing oil prices ( CL1:COM ). These have intensified in the past three months. With that, cost pressures continue to increase and affect consumption and production. Despite this, some players like Knight-Swift Transportation Holdings feed on the fears of weaker and smaller players. This was evident in its most recent performance. In Q1 2026, its operating revenue amounted to $1.85B , up by 1.4% YoY from $1.82B. This YoY growth was an improvement from my previous coverage with a negative revenue change of -0.4%. This showed some positive changes in the market dynamics despite inflation acceleration and external disruptions. KNX took advantage of the skyrocketing oil prices, as shown in its higher fuel surcharges. Market under-capacity after a series of bankruptcy filings in 2025 allowed the remaining less-than-truckload or LTL and truckload or TL players to continue recovering from freig...
Corby Spirit and Wine press release ( CBYDF ): Q3 Non-GAAP EPS of C$0.28. Revenue of C$58.3M. The company has also declared a dividend of C $0.24 per share , payable on June 10, to shareholders of record May 27, 2026. More on Corby Spirit and Wine Limited Historical earnings data for Corby Spirit and Wine Limited Dividend scorecard for Corby Spirit and Wine Limited Financial information for Corby ...
Corby Spirit and Wine press release ( CBYDF ): Q3 Non-GAAP EPS of C$0.28. Revenue of C$58.3M. The company has also declared a dividend of C $0.24 per share , payable on June 10, to shareholders of record May 27, 2026. More on Corby Spirit and Wine Limited Historical earnings data for Corby Spirit and Wine Limited Dividend scorecard for Corby Spirit and Wine Limited Financial information for Corby Spirit and Wine Limited
Jeremy Poland/E+ via Getty Images I have covered Kosmos Energy ( KOS ) before , where I outlined the investment thesis in detail and explained why I considered it a strong buy. Since then, the stock has nearly doubled due to the Iran war and reached my previous fair value. Despite this, I still consider the company attractive as risks have been significantly reduced, and it still has plenty of ups...
Jeremy Poland/E+ via Getty Images I have covered Kosmos Energy ( KOS ) before , where I outlined the investment thesis in detail and explained why I considered it a strong buy. Since then, the stock has nearly doubled due to the Iran war and reached my previous fair value. Despite this, I still consider the company attractive as risks have been significantly reduced, and it still has plenty of upside, so I’m upgrading Kosmos to a Strong Buy. Background Kosmos Energy is an offshore oil and gas company. It has a diversified portfolio of offshore assets across West Africa (Ghana’s Jubilee and TEN fields and the Greater Tortue Ahmeyim LNG project in Mauritania/Senegal) and in the Gulf of America. Kosmos website The company has ramped up production in recent quarters from 65,500 boe/d in Q3 2025 to almost 75,000 boe/d in Q1 2026. This significant increase was possible due to the GTA ramp-up, which is already producing at nameplate capacity (and even above it), and the successful Jubilee drilling campaign. With the increased production, operating costs have plummeted. Investor Presentation The Jubilee drilling campaign is expected to continue in the second half of the year with three producing wells and one water injector. The three new wells are expected to increase gross production by 20,000 barrels of oil per day. Investor Presentation A new campaign is expected in the second half of 2027. Regarding the Gulf of America, production has continued in line with expectations, and after the Tiberius FID, the company has commenced the farm-down process with the objective of maintaining a 33% stake. First oil is expected in the second half of 2028, with CapEx starting in 2027. Finally, the company made some strategic moves this year and sold its Equatorial Guinea assets. In February 2026, the company agreed to sell its 40.375% interest in Equatorial Guinea to Panoro Energy for up to $220 million. While the timing was not the best, production was limited, and those proceeds wil...
The space stocks might be about to enter their most exciting period to date, with SpaceX readying for an IPO that is going to spark a tidal wave across the broad market. Could Elon Musk’s $1.75 trillion (or maybe $2 trillion) empire change the way that investors view the space stocks? As things like satellite ... After a Breakout Quarter, Rocket Lab Is Starting To Look Like an Interesting SpaceX R...
The space stocks might be about to enter their most exciting period to date, with SpaceX readying for an IPO that is going to spark a tidal wave across the broad market. Could Elon Musk’s $1.75 trillion (or maybe $2 trillion) empire change the way that investors view the space stocks? As things like satellite ... After a Breakout Quarter, Rocket Lab Is Starting To Look Like an Interesting SpaceX Rival
US Industrial Production Surged In April Despite record low consumer sentiment (if you believe UMich), this morning saw the Empire Fed survey show New York state factory activity expanded in May at the fastest pace in four years , and firms grew more optimistic about the outlook. That was followed by a much hotter than expected Industrial Production print (up 0.7% MoM vs +0.3% MoM exp and higher t...
US Industrial Production Surged In April Despite record low consumer sentiment (if you believe UMich), this morning saw the Empire Fed survey show New York state factory activity expanded in May at the fastest pace in four years , and firms grew more optimistic about the outlook. That was followed by a much hotter than expected Industrial Production print (up 0.7% MoM vs +0.3% MoM exp and higher than the highest estimate) for April (and March's decline revised stronger), lifting annual growth up to +1.35% YoY... Source: Bloomberg April's gain for US industrial production was the largest since February 2025. Manufacturing output rose 0.6 percent in April after edging up 0.1 percent in March. The production of durables increased 1.2 percent in April, with gains in most categories. The largest increase was in the output of motor vehicles and parts, which jumped 3.7 percent. Nondurable manufacturing production edged down 0.1 percent, as declines in several categories - notably the indexes for chemicals and for plastics and rubber products, which both decreased 0.9 percent - were mostly offset by increases in the indexes for food, beverage, and tobacco products, for printing and support, and for petroleum and coal products. Mining output edged down 0.1 percent in April after falling 1.6 percent in March. The output of utilities increased 1.9 percent in April, with gains in both electric and natural gas utilities. Capacity Utilization continued to rise to 76.1% (better than the 75.8% expected)... So, if Americans are so pissed off (UMich), why is production and factory activity (and retail sales) picking up? Tyler Durden Fri, 05/15/2026 - 09:27
Owning NVIDIA (NASDAQ:NVDA) for the next decade is a defensible decision for a retirement portfolio that wants one piece of the AI buildout and never wants to think about it again, and the path from a $5.51 trillion market cap today to $10 trillion by 2030 runs through cash flows that already exist on the ... Nvidia Will Be a $10 Trillion Company By This Date
Owning NVIDIA (NASDAQ:NVDA) for the next decade is a defensible decision for a retirement portfolio that wants one piece of the AI buildout and never wants to think about it again, and the path from a $5.51 trillion market cap today to $10 trillion by 2030 runs through cash flows that already exist on the ... Nvidia Will Be a $10 Trillion Company By This Date
The bid for GameStop ( GME ) to acquire eBay ( EBAY ) could be tripped up if the combined company can't get an investment-grade credit rating, which Bloomberg noted is uncertain due to the high debt levels involved. Weighing in on the deal, Moody's highlighted that the proposed transaction would result in a material increase in debt and leverage at close. eBay's ( EBAY ) standalone total debt was ...
The bid for GameStop ( GME ) to acquire eBay ( EBAY ) could be tripped up if the combined company can't get an investment-grade credit rating, which Bloomberg noted is uncertain due to the high debt levels involved. Weighing in on the deal, Moody's highlighted that the proposed transaction would result in a material increase in debt and leverage at close. eBay's ( EBAY ) standalone total debt was approximately $7.2B at the end of 2025. With LTM EBITDA of approximately $3.1B, gross leverage was about 2.3X, noted the rating agency. Adding in the transaction financing of about $20B and GameStop's outstanding debt of around $4.2B, total debt would soar to approximately $31.4B. "That represents an increase in total debt of more than 400% relative to eBay's standalone capital structure, excluding any synergies," warned Moody's. Moody's breakdown: "We estimate annualized incremental interest expense associated with the new debt could be well over $1B (assuming the interest rate on debt is more than eBay's current weighted average cost of borrowing, which is close to 5%-6%, as reported). With eBay reporting close to $900M in free cash flow (after dividends) in 2025 and GameStop reporting close to $600M (fiscal year end), and assuming there will be material cash costs to achieve targeted cost savings, pro forma free cash flow will be significantly constrained. GameStop is targeting annualized synergies of approximately $2B (within 12 months of close, with 60% of savings in sales & marketing, 25% in general and administrative, and 15% in product development), representing about 3.25x of deleveraging potential (pro forma at close) assuming full realization with no offsets." More on eBay Wall Street Lunch: EBay Rejects GameStop Takeover Proposal eBay: GameStop Bid Doesn't Add Up GameStop's 'Crazy Idea' To Buy EBay Isn't So Crazy, But It Is Risky Could GameStop really buy eBay? Traders aren’t convinced eBay hits a new high as Ryan Cohen bangs the drum that he should run the comp...
Sana Biotechnology ( SANA ) said on Friday it sold about 21.6M shares through its at-the-market facility with TD Securities, generating net proceeds of roughly $69M. The company said the financing, together with a previously announced unrelated $25M investment from the Mayo Clinic, increased total capital raised since the end of the first quarter of 2026 to about $94M. Sana said the funding extend...
Sana Biotechnology ( SANA ) said on Friday it sold about 21.6M shares through its at-the-market facility with TD Securities, generating net proceeds of roughly $69M. The company said the financing, together with a previously announced unrelated $25M investment from the Mayo Clinic, increased total capital raised since the end of the first quarter of 2026 to about $94M. Sana said the funding extends its expected cash runway to mid-2027. Stock down 4% in premarket trading. More on Sana Biotechnology Sana Biotechnology, Inc. (SANA) Presents at Bank of America Global Healthcare Conference 2026 Transcript Sana Biotechnology: Mayo Clinic Deal A Positive Step On A Long Journey Sana Biotechnology, Inc. (SANA) Presents at The Citizens Life Sciences Conference 2026 Transcript Sana Biotechnology GAAP EPS of -$0.17 in-line Sana Biotech rises as Mayo Clinic partners for diabetes therapy