RedCloud Holdings ( RCT ) has appointed Vikram Sharma as chief revenue officer, infrastructure, effective May 2026. Sharma has more than 25 years of experience across commercial finance, infrastructure strategy, and emerging market expansion and has held senior roles at Microsoft, Alfa Laval and Sony Ericsson, the company said. Source: Press Release More on RedCloud Holdings RedCloud rallies 94% t...
RedCloud Holdings ( RCT ) has appointed Vikram Sharma as chief revenue officer, infrastructure, effective May 2026. Sharma has more than 25 years of experience across commercial finance, infrastructure strategy, and emerging market expansion and has held senior roles at Microsoft, Alfa Laval and Sony Ericsson, the company said. Source: Press Release More on RedCloud Holdings RedCloud rallies 94% to $1.11 after signing $30M Saudi Arabia deal RedCloud appoints Raju Datla as CFO Seeking Alpha’s Quant Rating on RedCloud Holdings Historical earnings data for RedCloud Holdings Financial information for RedCloud Holdings
In this video, I will talk about SoFi's (NASDAQ: SOFI) latest earnings report and explain why everyone's wrong about the company. Watch the short video to learn more, consider subscribing, and click the special offer link below.
In this video, I will talk about SoFi's (NASDAQ: SOFI) latest earnings report and explain why everyone's wrong about the company. Watch the short video to learn more, consider subscribing, and click the special offer link below.
Fresh off a record close on Tuesday, the Nasdaq was soaring to fresh highs on Wednesday after Advanced Micro Devices’ earnings report kept the chip rally rolling. The Dow was up 461 points, or 0.9%. The S&P and Nasdaq only need to close above yesterday’s level to establish new record closing highs.
Fresh off a record close on Tuesday, the Nasdaq was soaring to fresh highs on Wednesday after Advanced Micro Devices’ earnings report kept the chip rally rolling. The Dow was up 461 points, or 0.9%. The S&P and Nasdaq only need to close above yesterday’s level to establish new record closing highs.
watch now VIDEO 5:13 05:13 Ken Griffin: We will create jobs in Miami as a consequence of NYC Mayor Mamdani's wealth tax video The Exchange Citadel CEO Ken Griffin told CNBC his company has started shifting investment toward Miami in response to New York City Mayor Zohran Mamdani 's viral tax day video calling out the hedge-fund chief. "In reaction to New York, we filed a permit with the city of Mi...
watch now VIDEO 5:13 05:13 Ken Griffin: We will create jobs in Miami as a consequence of NYC Mayor Mamdani's wealth tax video The Exchange Citadel CEO Ken Griffin told CNBC his company has started shifting investment toward Miami in response to New York City Mayor Zohran Mamdani 's viral tax day video calling out the hedge-fund chief. "In reaction to New York, we filed a permit with the city of Miami. We've added several hundred thousand square feet of new space in our new building," the billionaire told CNBC's Sara Eisen in an exclusive interview at the Milken Institute Global Conference on Tuesday. "We will add far more jobs in Miami over the next decade as an immediate and direct consequence of the mayor's poor decision here, with respect to his posting of that video," Griffin said. VIDEO 15:58 15:58 Watch CNBC's full interview with Citadel CEO Ken Griffin He said Citadel's decision to move forward with a pricey redevelopment of a Park Avenue building — which the company says will cost more than $6 billion and help create more than 15,000 permanent jobs — has become "a real topic of debate." But "we probably will go through [with] the building when it's all said and done," he added. He also claimed Mamdani's video "put me in harm's way," referencing the 2024 assassination of UnitedHealthcare CEO Brian Thompson outside a midtown Manhattan hotel near his penthouse. "I have no longstanding fights or issues or dynamics" with the new mayor, Griffin said, yet he "turned me into a political puppet." "It was just in poor taste," Griffin said. "Really poor taste." Mamdani's press secretary Joe Calvello, responding to Griffin's remarks at the Milken conference, told CNBC in a statement Wednesday that the mayor "wants all New Yorkers to succeed." "That includes business owners and entrepreneurs who create good-paying jobs and make this city the economic engine of America. It also includes Ken Griffin, who is a major employer in our City and a powerful figure in our economy,...
Nvidia (NVDA) announced a new partnership with glass manufacturer Corning (GLW) that will create three new fiber optics plants on top of Nvidia purchasing $500 million worth of rights for Corning stock. Morning Brief Host Julie Hyman and Yahoo Finance Head of News Myles Udland report on this news. Corning shares are soaring in Wednesday's pre-market on these headlines.
Nvidia (NVDA) announced a new partnership with glass manufacturer Corning (GLW) that will create three new fiber optics plants on top of Nvidia purchasing $500 million worth of rights for Corning stock. Morning Brief Host Julie Hyman and Yahoo Finance Head of News Myles Udland report on this news. Corning shares are soaring in Wednesday's pre-market on these headlines.
Brett_Hondow Weatherford International ( WFRD ) announced on Wednesday it won two offshore contracts from Constellation Oil Services in Brazil, strengthening its position in the deepwater drilling market. The first contract expands work on the Gold Star rig, supporting well intervention, plug & abandonment, and workover services in the Campos & Espírito Santo basins; the deal runs from March 2026 ...
Brett_Hondow Weatherford International ( WFRD ) announced on Wednesday it won two offshore contracts from Constellation Oil Services in Brazil, strengthening its position in the deepwater drilling market. The first contract expands work on the Gold Star rig, supporting well intervention, plug & abandonment, and workover services in the Campos & Espírito Santo basins; the deal runs from March 2026 to Dec. 2028. The second contract covers managed pressure drilling on the Brava Star drillship in the Búzios field, with operations set from Q1 2027 to Dec. 2030. Source: Press Release More on Weatherford International Weatherford International plc 2026 Q1 - Results - Earnings Call Presentation Weatherford International plc (WFRD) Q1 2026 Earnings Call Transcript Weatherford: Out Too Early Given The 2026 Macro Weatherford says Mexico starting to pay suppliers as oilfield activity normalizes Weatherford projects 2026 revenue $4.5B-$4.95B and adjusted EBITDA $945M-$1.075B amid Iran conflict disruptions
Eric Remer, Chief Executive Officer of EverCommerce (NASDAQ:EVCM) , reported the sale of 19,200 shares of common stock in multiple open-market transactions between April 28 and April 30, 2026, according to a SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average purchase price ($11.60); post-transaction value based on April 30, 2026 market close ($11.55). * 1-year price change ...
Eric Remer, Chief Executive Officer of EverCommerce (NASDAQ:EVCM) , reported the sale of 19,200 shares of common stock in multiple open-market transactions between April 28 and April 30, 2026, according to a SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average purchase price ($11.60); post-transaction value based on April 30, 2026 market close ($11.55). * 1-year price change calculated as of April 30, 2026. Continue reading
Robert Way/iStock Editorial via Getty Images Advanced Micro Devices ( AMD ) surged 16.6% in Wednesday premarket trading after the semiconductor company reported first-quarter results and guidance that topped Wall Street expectations. The rally pushed the stock to fresh highs over $400 per share at press time. Because the stock is now in record-high territory, there is no obvious overhead resistanc...
Robert Way/iStock Editorial via Getty Images Advanced Micro Devices ( AMD ) surged 16.6% in Wednesday premarket trading after the semiconductor company reported first-quarter results and guidance that topped Wall Street expectations. The rally pushed the stock to fresh highs over $400 per share at press time. Because the stock is now in record-high territory, there is no obvious overhead resistance from the chart itself, making round numbers and intraday momentum more important than prior price levels. On the downside, the first major support zone sits around $267.35, the prior breakout area from late 2025 and early 2026. Deeper support appears near $187.87 and $150.77, where AMD previously consolidated before its latest advance. Here is the chart: Seeking Alpha More on AMD Advanced Micro Devices, Inc. (AMD) Q1 2026 Earnings Call Transcript AMD Q1: I Love The Progress, But Nvidia Is The Better Buy Right Now (Downgrade) Know When To Hold 'Em And When To Fold 'Em AMD's results and guidance prove that the CPU's time to shine is now AMD declines to clarify China GPU trajectory beyond 'not material'
halbergman/E+ via Getty Images SMCI Surges On Fiscal Q3 2026 Earnings My most recent article on Super Micro Computer, Inc. ( SMCI ) stock came out with a title, "Super Micro Stock Looks Like A Real Gift On Upcoming Business Stabilization", and then in a few days, the news broke out that the company's co-founder was charged in the Nvidia ( NVDA ) chip smuggling case. Seeking Alpha News The stock dr...
halbergman/E+ via Getty Images SMCI Surges On Fiscal Q3 2026 Earnings My most recent article on Super Micro Computer, Inc. ( SMCI ) stock came out with a title, "Super Micro Stock Looks Like A Real Gift On Upcoming Business Stabilization", and then in a few days, the news broke out that the company's co-founder was charged in the Nvidia ( NVDA ) chip smuggling case. Seeking Alpha News The stock dropped like a rock in a matter of minutes, so the timing of my bullish update turned out to be quite unfortunate, to put it mildly. But then SMCI started to reverse, and over the course of the past few weeks, it went up by almost 50% off its March low (not including the post-earnings reaction on the Q3 fiscal earnings update I'll cover later). The market stress that was built up throughout the past few months for SMCI has created a massive mispricing of the underlying business. I assume that early investors who were initially buying to gain exposure to the cooling market through an Nvidia partner started to sell SMCI due to a potent cocktail of forward margin compression, corporate governance fears, and all those legal headlines. Despite all this, I think that we should be looking at the underlying business first. The products SMCI is shipping are legit, and they're selling in a very promising niche. The margin contraction is a clear risk, as well as the governance practices, but the firm keeps shipping, and it keeps growing rapidly. I've been pondering the table that once the targeted revenues kick in and gross margins stabilize, the stock would experience a powerful catalyst, and now we see it with the Q3 update. The stock is surging in the post-market trading session as one of the stresses has finally been released. SMCI reported $10.24 billion in revenues (+123% YoY), and while it was down QoQ by 18%, per Seeking Alpha, the growth rate looks fantastic to me amid the stock price collapse of the recent months. The adjusted EPS came in at $0.84 (+170% YoY), beating the cons...
manassanant pamai/iStock via Getty Images War? What war? The effects of the Middle East conflict continue to reverberate through the global economy, but for the strongest performers among US equity factors, the war has been little more than an afterthought. Momentum and high‑beta have rallied sharply since the war started and are outperforming the broad market by a wide margin, based on a set of E...
manassanant pamai/iStock via Getty Images War? What war? The effects of the Middle East conflict continue to reverberate through the global economy, but for the strongest performers among US equity factors, the war has been little more than an afterthought. Momentum and high‑beta have rallied sharply since the war started and are outperforming the broad market by a wide margin, based on a set of ETFs through yesterday’s close (May 5). The iShares MSCI USA Momentum Factor ETF ( MTUM ) is the top performer, rallying more than 14% since the war began on Feb. 28 - far above the broad equity market’s 5.3% increase over that span, based on the SPDR S&P 500 ETF ( SPY ). If anything, the war seems to have accelerated the risk‑on effect for MTUM, which closed at a record high yesterday. The momentum factor, in short, is running hot with bullish momentum. In second place: high‑beta shares ( SPHB ), followed by micro‑cap stocks ( IWC ). Several factor ETFs are trailing the broad market since the war’s start but continue to post gains. The lone downside outlier is low volatility ( USMV ), which has shed 3.0% since the start of hostilities more than two months ago. Analysts cite several reasons for the tailwind in US equities generally. One is America’s near self‑sufficiency in energy. Although the US isn’t immune to the energy shock from the war (as a trip to the gas station these days will remind), the blowback has been muted relative to much of Europe and Asia, where dependence on imported oil and gas is high. Strong earnings reports are another bullish driver. FactSet reports that for the first quarter so far, with 63% of S&P 500 companies reporting, 84% “have reported a positive [earnings per share] surprise and 81% of S&P 500 companies have reported a positive revenue surprise.” The year‑over‑year results are strong, too: “For Q1 2026, the blended (year‑over‑year) earnings growth rate for the S&P 500 is 27.1%. If 27.1% is the actual growth rate for the quarter, it will mar...
U.S. Gasoline Tops $4.50 As "Shock & Awe" Level Approaches WTI futures plunged more than 11% to the $90-a-barrel level after Axios reported earlier this morning that the U.S. is nearing a preliminary agreement with Iran to end the war. The sharp decline suggests traders are beginning to price in a potential geopolitical de-escalation and the potential reopening of the Hormuz chokepoint. At the pum...
U.S. Gasoline Tops $4.50 As "Shock & Awe" Level Approaches WTI futures plunged more than 11% to the $90-a-barrel level after Axios reported earlier this morning that the U.S. is nearing a preliminary agreement with Iran to end the war. The sharp decline suggests traders are beginning to price in a potential geopolitical de-escalation and the potential reopening of the Hormuz chokepoint. At the pump, however, the latest AAA data as of Wednesday morning show that the national average for regular 87-octane gasoline has climbed to $4.50 a gallon, the highest level since July 2022. There will be a lag. Even if the Trump administration and Tehran formalize a deal in the near term, the immediate result will not be a collapse in gas and diesel pump prices, but rather an approaching peak. Lower crude prices typically take a few weeks to work through wholesale markets, inventories, distribution networks, and retail outlets before meaningful declines in gas and diesel are visible at pump stations to consumers. During a Monday press conference, Trump said he expects the price of gasoline to drop "substantially" following the end of the US-Iran war. "I see it going down very substantially when this is over, I think very rapidly too, at levels that you've never seen because there's a lot of energy out there, ships all over the world that are loaded up with it," Trump said. "They can't do much with it because they got kidnapped by a pretty evil place. But we're taking care of it." Last week, Trump said pump prices would "come crashing down as soon as this war is over." GasBuddy analyst Patrick De Haan warned that the $5-a-gallon threshold is typically the "shock and awe" level that triggers demand destruction. With the national average for gas already near $4.50 a gallon, and California prices above $6, the political and consumer pressure backdrop for the Trump administration has intensified in recent weeks. The administration now appears to be pushing hard for a near-term Iran re...
Amazon (NASDAQ:AMZN) just delivered its fifth consecutive quarter beating Wall Street’s EPS bar, and the trailing P/E of 33x is doing something that should not be possible for a business growing the way this one is. The thesis is simple. Amazon owns the rails of two enormous businesses, cloud computing and online retail, and is ... 60 Out of 65 Wall Street Analysts Say Buy Amazon. Not One Says Sel...
Amazon (NASDAQ:AMZN) just delivered its fifth consecutive quarter beating Wall Street’s EPS bar, and the trailing P/E of 33x is doing something that should not be possible for a business growing the way this one is. The thesis is simple. Amazon owns the rails of two enormous businesses, cloud computing and online retail, and is ... 60 Out of 65 Wall Street Analysts Say Buy Amazon. Not One Says Sell.
A maritime coalition led by France and the UK is ready to escort tankers through the Strait of Hormuz if Iran agrees to a US proposal to end the war, according to a French official. France has moved its Charles de Gaulle aircraft carrier to the Red Sea where it will soon be met by vessels from other partner countries, the official told reporters on Wednesday. French President Emmanuel Macron has s...
A maritime coalition led by France and the UK is ready to escort tankers through the Strait of Hormuz if Iran agrees to a US proposal to end the war, according to a French official. France has moved its Charles de Gaulle aircraft carrier to the Red Sea where it will soon be met by vessels from other partner countries, the official told reporters on Wednesday. French President Emmanuel Macron has spoken to US counterpart Donald Trump and Iranian President Masoud Pezeshkian , and France maintains its position that it is not a party to the war, the official added, speaking on condition of anonymity to comply with government rules. Read More: Iran Evaluating US Proposal to End War as China Calls for Peace