Sundry Photography Arm Holdings ( ARM ) was in focus on Thursday after the British semiconductor company reported fiscal fourth-quarter results that topped Wall Street's forecast and said there is strong demand for its new data center CPU. However, shares fell 8% in premarket trading as concerns about the smartphone market, which is still Arm's bread and butter, cropped up. Nonetheless, Wall Stree...
Sundry Photography Arm Holdings ( ARM ) was in focus on Thursday after the British semiconductor company reported fiscal fourth-quarter results that topped Wall Street's forecast and said there is strong demand for its new data center CPU. However, shares fell 8% in premarket trading as concerns about the smartphone market, which is still Arm's bread and butter, cropped up. Nonetheless, Wall Street sees the riches of agentic artificial intelligence as coming in spades. “Demand for the new CPU chip appears to be building quickly, particularly with large enterprise customers, with early deployments and its power-efficient design supporting the opportunity across agentic AI workloads,” Morgan Stanley analyst Lee Simpson wrote in a note to clients. “However, advanced-node wafer availability at TSMC remains the gating factor, limiting near-term confidence in Arm’s ability to fully capture the potential $2bn+ FY27/28 chip opportunity. Meanwhile, management continues to frame the core IP business around c.20% annual growth, led by Cloud AI royalties, hyperscaler custom CPU adoption, and DPU/SmartNIC penetration. The key debate is how to size the CPU opportunity without double counting AI infrastructure demand, while monitoring royalty reacceleration and licensing durability.” However, Simpson added that investors need to figure out whether the recent royalty softness is “transitory” or “indicative of a broader mix shift,” as memory shortages weigh on handset production. Nonetheless, Simpson lifted his price target on Arm to $202 from $191. RBC Capital Markets analyst Srini Pajjuri also raised his price target (moving to $260 from $175) on the belief that agentic AI is likely to be a considerable positive for the Rene Haas-led company. “Management now has line of sight into $2b AGI CPU revenue in the next two years but is maintaining its prior guidance for $1b due to supply constraints,” Pajjuri wrote in a note to clients. “Licensing is sustaining >20% growth for now and ma...
Tuniu ( TOUR ) has regained compliance with Nasdaq’s minimum bid price requirement for continued listing on the exchange. According to the compliance notice, the closing bid price of the company's ADSs has been at $1.00 per ADS or greater for the ten consecutive business days from April 22, 2026 to May 5, 2026. More on Tuniu Tuniu Corporation (TOUR) Q4 2025 Earnings Call Prepared Remarks Transcrip...
Tuniu ( TOUR ) has regained compliance with Nasdaq’s minimum bid price requirement for continued listing on the exchange. According to the compliance notice, the closing bid price of the company's ADSs has been at $1.00 per ADS or greater for the ten consecutive business days from April 22, 2026 to May 5, 2026. More on Tuniu Tuniu Corporation (TOUR) Q4 2025 Earnings Call Prepared Remarks Transcript Tuniu reports Q4 results; introduces Q1 outlook Seeking Alpha’s Quant Rating on Tuniu Historical earnings data for Tuniu Dividend scorecard for Tuniu
RXO press release ( RXO ): Q1 Non-GAAP EPS of -$0.09 in-line. Revenue of $1.4B (flat Y/Y) beats by $60M . Second-Quarter Outlook RXO expects second-quarter 2026 adjusted EBITDA to be between $27 million and $37 million. In Brokerage, the company expects overall volume growth to be approximately flat year-over year. The company expects truckload gross profit per load to increase sequentially. More ...
RXO press release ( RXO ): Q1 Non-GAAP EPS of -$0.09 in-line. Revenue of $1.4B (flat Y/Y) beats by $60M . Second-Quarter Outlook RXO expects second-quarter 2026 adjusted EBITDA to be between $27 million and $37 million. In Brokerage, the company expects overall volume growth to be approximately flat year-over year. The company expects truckload gross profit per load to increase sequentially. More on RXO RXO, Inc. (RXO) Presents at JPMorgan Industrials Conference 2026 Transcript RXO, Inc. (RXO) Presents at Citi's Global Industrial Tech & Mobility Conference 2026 Transcript RXO, Inc. (RXO) Presents at Barclays 43rd Annual Industrial Select Conference Transcript RXO prices $400 million in 6.375% senior notes due 2031 RXO announces $400M senior notes offering
Ethos Technologies Inc. press release ( LIFE ): Q1 GAAP EPS of -$3.57 misses by $0.92 . Revenue of $193.1M beats by $48.12M . Gross Profit of $189.9M. Cash Flow from operations of $31.2M. Net Loss of $166.4M. More on Ethos Technologies Inc. Ethos Technologies Inc.: Cheap Growth Story With Something Still To Prove Ethos Technologies Inc. (LIFE) Q4 2025 Earnings Call Transcript Historical earnings d...
Ethos Technologies Inc. press release ( LIFE ): Q1 GAAP EPS of -$3.57 misses by $0.92 . Revenue of $193.1M beats by $48.12M . Gross Profit of $189.9M. Cash Flow from operations of $31.2M. Net Loss of $166.4M. More on Ethos Technologies Inc. Ethos Technologies Inc.: Cheap Growth Story With Something Still To Prove Ethos Technologies Inc. (LIFE) Q4 2025 Earnings Call Transcript Historical earnings data for Ethos Technologies Inc. Financial information for Ethos Technologies Inc.
E-commerce platform Shopify reported significant milestones for the first quarter of 2026, with merchants on its platform generating over $100 billion in Gross Merchandise Volume (GMV). The company's financial performance sees a notable 34% revenue growth alongside consistent free cash flow margins. These results highlight broad-based growth across different geographies, merchant sizes, and channe...
E-commerce platform Shopify reported significant milestones for the first quarter of 2026, with merchants on its platform generating over $100 billion in Gross Merchandise Volume (GMV). The company's financial performance sees a notable 34% revenue growth alongside consistent free cash flow margins. These results highlight broad-based growth across different geographies, merchant sizes, and channels, underscoring Shopify's strategic investments in enhancing merchant tools and internal...
(RTTNews) - Labor productivity in the U.S. increased by much less than expected in the first quarter of 2026, according to preliminary data released by the Labor Department on Thursday.
(RTTNews) - Labor productivity in the U.S. increased by much less than expected in the first quarter of 2026, according to preliminary data released by the Labor Department on Thursday.
Bruce Herring, Director of Pershing Square USA, Ltd. (NYSE:PSUS) , reported an open-market purchase of 10,000 shares of common stock, valued at approximately $434,000, according to the SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average purchase price ($43.41); post-transaction value based on May 4, 2026 market close ($42.51). Pershing Square USA, Ltd. is publicly listed on ...
Bruce Herring, Director of Pershing Square USA, Ltd. (NYSE:PSUS) , reported an open-market purchase of 10,000 shares of common stock, valued at approximately $434,000, according to the SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average purchase price ($43.41); post-transaction value based on May 4, 2026 market close ($42.51). Pershing Square USA, Ltd. is publicly listed on the NYSE under the ticker PSUS. The company is structured as an investment vehicle, providing access to a diversified portfolio managed by experienced professionals. Continue reading
MDU Resources press release ( MDU ): Q1 GAAP EPS of $0.39 misses by $0.04 . Revenue of $606M (-10.2% Y/Y) misses by $82.26M . Consolidated net income of $80.8 million and diluted earnings per share of $0.39 Milder weather unfavorably impacted results by approximately $0.03 per share 2026 guidance affirmed; earnings per share in the range of $0.93 to $1.00 More on MDU Resources Near-Term Outlook Fo...
MDU Resources press release ( MDU ): Q1 GAAP EPS of $0.39 misses by $0.04 . Revenue of $606M (-10.2% Y/Y) misses by $82.26M . Consolidated net income of $80.8 million and diluted earnings per share of $0.39 Milder weather unfavorably impacted results by approximately $0.03 per share 2026 guidance affirmed; earnings per share in the range of $0.93 to $1.00 More on MDU Resources Near-Term Outlook For MDU Resources Is Good, Not Great MDU Resources Q1 2026 Earnings Preview MDU Resources started Neutral at J.P. Morgan as premium valuation offsets pipeline upside Seeking Alpha’s Quant Rating on MDU Resources Historical earnings data for MDU Resources
Tom Werner Nonfarm productivity rose by 0.8% in Q1, vs. +1.7% consensus and +1.6% recorded in the prior quarter (revised from +1.8%), according to the preliminary data released by the Bureau of Labor Statistics on Thursday. Output increased 1.5% during the quarter, while hours worked rose by 0.7%. Unit labor costs in the nonfarm business sector jumped 2.3% from the prior quarter, vs. +2.0% consens...
Tom Werner Nonfarm productivity rose by 0.8% in Q1, vs. +1.7% consensus and +1.6% recorded in the prior quarter (revised from +1.8%), according to the preliminary data released by the Bureau of Labor Statistics on Thursday. Output increased 1.5% during the quarter, while hours worked rose by 0.7%. Unit labor costs in the nonfarm business sector jumped 2.3% from the prior quarter, vs. +2.0% consensus and +4.6% prior (revised from +4.4%). The costs reflect a 3.1% increase in hourly compensation, along with the 0.8% rise in productivity. The costs are calculated as the ratio of hourly compensation to labor productivity. Unit labor costs increased 1.2% over the last four quarters. Real hourly compensation, which takes into account consumer prices, decreased 0.5% during the quarter and increased 1.4% over the last four quarters. More on U.S. Economy U.S. job cuts jump 38% in April, while year-to-date total drops 50%: Challenger job cuts report Commercial chapter 11 filings rise 42% Y/Y in April Chicago Fed's Goolsbee sees economic dangers in overestimating AI productivity gains
Inter&Co Delivers Record First Quarter, Surpassing 44 Million Clients and R$50 Billion (US$9.5B) in Credit as AI-Powered Super App Strategy Accelerates
Inter&Co Delivers Record First Quarter, Surpassing 44 Million Clients and R$50 Billion (US$9.5B) in Credit as AI-Powered Super App Strategy Accelerates
The Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) concentrates in roughly 30 small and mid-cap REITs that pass a high-yield screen. KBWY currently distributes a 7.6% SEC 30-day yield with a 0.35% expense ratio, and the question for holders is whether that distribution rests on real cash flow or on payouts that key holdings ... High yield ETF KBWY faces hidden payout risk from cannabis RE...
The Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) concentrates in roughly 30 small and mid-cap REITs that pass a high-yield screen. KBWY currently distributes a 7.6% SEC 30-day yield with a 0.35% expense ratio, and the question for holders is whether that distribution rests on real cash flow or on payouts that key holdings ... High yield ETF KBWY faces hidden payout risk from cannabis REIT tenant defaults
The Invesco S&P SmallCap High Dividend Low Volatility ETF (NASDAQ:XSHD) promises small-cap yield with smoother price action. Monthly distributions have shrunk meaningfully over the past two years, and the fund’s core holdings reveal the payout strain behind that decline. How XSHD Generates Its Income XSHD tracks the S&P SmallCap High Dividend Low Volatility Index, which ... 5% Yield Hides a Proble...
The Invesco S&P SmallCap High Dividend Low Volatility ETF (NASDAQ:XSHD) promises small-cap yield with smoother price action. Monthly distributions have shrunk meaningfully over the past two years, and the fund’s core holdings reveal the payout strain behind that decline. How XSHD Generates Its Income XSHD tracks the S&P SmallCap High Dividend Low Volatility Index, which ... 5% Yield Hides a Problem: XSHD Holdings Cut Dividends Faster Than Share Prices Fall
lcva2/iStock Editorial via Getty Images Microsoft ( MSFT ) has been a laggard while the S&P 500 has rallied 7.41% YTD and 30.13% over the past year. The market can't decide what to do with MSFT as it's fallen -14.45% since the beginning of 2026 and continues to trade in a structural bear market as the stock price has fallen -25.52% from its recent highs. MSFT’s Q3 print was clean and delivered the...
lcva2/iStock Editorial via Getty Images Microsoft ( MSFT ) has been a laggard while the S&P 500 has rallied 7.41% YTD and 30.13% over the past year. The market can't decide what to do with MSFT as it's fallen -14.45% since the beginning of 2026 and continues to trade in a structural bear market as the stock price has fallen -25.52% from its recent highs. MSFT’s Q3 print was clean and delivered the type of growth that many wouldn’t expect from a company of this size. MSFT beat on the top and bottom lines while Azure grew 40% YoY. Microsoft Cloud crossed $54 billion in a single quarter, and everything looked great until their CFO, Amy Hood, provided CapEx guidance of $190 billion for the 2026 calendar year. The entire investor conversation stopped being about the underlying metrics and was cannibalized about the increase in CapEx YoY. This is where I believe the market is incorrect, and I am acting as if the post-earnings price action is a gift for long-term investors. I believe that MSFT is flashing operational signals that the market is missing, causing the valuation to be inexpensive in my opinion. I have been adding to MSFT at these levels and believe that it will break out as 2026 progresses. Seeking Alpha I wrote an article about MSFT at the end of February ( can be read here ), and since then it’s traded with the market appreciating by 6.24% while the S&P has increased by 6.65%. I felt that MSFT’s CapEx strategy was warranted as it fueled 116.86% of EBITDA growth since 2021 and allowed their Q2 revenue to increase 17% YoY. The concerns over CapEx and RPO quality caused shares to underperform the market and take MSFT into a bear market, which I believe is an opportunity. I am following up with a new article on MSFT to discuss their Q3 earnings as they report on a fiscal year, not a calendar year, and make the case as to why I believe that MSFT is drastically undervalued. I am a shareholder of MSFT, and I continue to add to my position. Seeking Alpha The price ac...
lcva2/iStock Editorial via Getty Images Microsoft ( MSFT ) has been a laggard while the S&P 500 has rallied 7.41% YTD and 30.13% over the past year. The market can't decide what to do with MSFT as it's fallen -14.45% since the beginning of 2026 and continues to trade in a structural bear market as the stock price has fallen -25.52% from its recent highs. MSFT’s Q3 print was clean and delivered the...
lcva2/iStock Editorial via Getty Images Microsoft ( MSFT ) has been a laggard while the S&P 500 has rallied 7.41% YTD and 30.13% over the past year. The market can't decide what to do with MSFT as it's fallen -14.45% since the beginning of 2026 and continues to trade in a structural bear market as the stock price has fallen -25.52% from its recent highs. MSFT’s Q3 print was clean and delivered the type of growth that many wouldn’t expect from a company of this size. MSFT beat on the top and bottom lines while Azure grew 40% YoY. Microsoft Cloud crossed $54 billion in a single quarter, and everything looked great until their CFO, Amy Hood, provided CapEx guidance of $190 billion for the 2026 calendar year. The entire investor conversation stopped being about the underlying metrics and was cannibalized about the increase in CapEx YoY. This is where I believe the market is incorrect, and I am acting as if the post-earnings price action is a gift for long-term investors. I believe that MSFT is flashing operational signals that the market is missing, causing the valuation to be inexpensive in my opinion. I have been adding to MSFT at these levels and believe that it will break out as 2026 progresses. Seeking Alpha I wrote an article about MSFT at the end of February ( can be read here ), and since then it’s traded with the market appreciating by 6.24% while the S&P has increased by 6.65%. I felt that MSFT’s CapEx strategy was warranted as it fueled 116.86% of EBITDA growth since 2021 and allowed their Q2 revenue to increase 17% YoY. The concerns over CapEx and RPO quality caused shares to underperform the market and take MSFT into a bear market, which I believe is an opportunity. I am following up with a new article on MSFT to discuss their Q3 earnings as they report on a fiscal year, not a calendar year, and make the case as to why I believe that MSFT is drastically undervalued. I am a shareholder of MSFT, and I continue to add to my position. Seeking Alpha The price ac...
Jobless Claims & JOLTs Confirm 'Higher Hire, No Fire' Economy With JOLTs data showing record hiring (and ADP signaling acceleration in job additions ), today we get some signal on firings as the number of Americans filing for unemployment benefits for the first time was at 200k last week (below the 205k exp) and continuing to languish near multi-decade lows (near 1967 lows!!)... Source: Bloomberg ...
Jobless Claims & JOLTs Confirm 'Higher Hire, No Fire' Economy With JOLTs data showing record hiring (and ADP signaling acceleration in job additions ), today we get some signal on firings as the number of Americans filing for unemployment benefits for the first time was at 200k last week (below the 205k exp) and continuing to languish near multi-decade lows (near 1967 lows!!)... Source: Bloomberg Non-seasonally adjusted across all the states saw a 299k drop in claims led by Rhode Island and Arizona ( California and Michigan saw the biggest increases )... Continuing jobless claims also fell, now at 1.766 million Americans receiving unemployment benefits (better than the expected 1.8 million expected) and at its lowest since Jan 2024 ... Source: Bloomberg Finally, we note that Challenger, Gray, & Christmas pointed out that in April, Artificial Intelligence (AI) led all reasons for job cuts for the second month in a row , with 21,490 announced during the month, 26% of total cuts. This reason has been cited for 49,135 cuts this year, and it is the third-leading cause of layoff plans. AI accounts for roughly 16% of all 2026 job cut plans , up from 13% through March. “Technology companies continue to announce large-scale cuts and are leading all industries in layoff announcements,” said Andy Challenger, the company’s chief revenue officer. “Regardless of whether individual jobs are being replaced by AI, the money for those roles is.” Overall, Challenger, Gray, & Christmas says U.S.-based employers announced 83,387 job cuts in April, down 21% from the 105,441 cuts announced during the same month last year. Another alternative labor market data source, Revelio Labs, shows a sizable rise in jobs this month - best since March 2025 (all adding up to a solid print for tomorrow)... Led by a big uptick in Services jobs... Taking all of that into account, it appears we have morphed into a 'higher hire, no fire' economy (but tomorrow's payrolls print could throw shade on that idea)...
Here are Thursday's biggest calls on Wall Street: Goldman Sachs reiterates Nvidia as buy Goldman said it expects a "beat and raise" quarter ahead of earnings later this month. "We expect investors to focus on: (1) the magnitude of upside to Nvidia's $ 1 trillion datacenter guidance at GTC; (2) potential upside from agentic AI to the server CPU business; (3) competitive dynamics; (4) gross margin o...
Here are Thursday's biggest calls on Wall Street: Goldman Sachs reiterates Nvidia as buy Goldman said it expects a "beat and raise" quarter ahead of earnings later this month. "We expect investors to focus on: (1) the magnitude of upside to Nvidia's $ 1 trillion datacenter guidance at GTC; (2) potential upside from agentic AI to the server CPU business; (3) competitive dynamics; (4) gross margin outlook given rising input costs." JPMorgan upgrades Freshpet to buy from hold JPMorgan said buy the dip in the pet food company following earnings on Wednesday. "We are upgrading the FRPT shares to Overweight from Neutral. The shares were down 9% yesterday (SPX +1%) following a 1Q26 sales beat and guidance increase." Barclays reiterates Microsoft as overweight The bank said the Microsoft story "remains on track" following a series of investor meetings with the company. "We took away two points from our investor trip to MSFT. ( 1) Efficiency gains are a main focus for management and are having tangible benefits like better Azure growth. (2) Growing Copilot adoption will likely trigger a greater focus on a seat/ consumption pricing. Overall, the story remains on track." Jefferies upgrades Agilon Health to buy from hold Jefferies said visibility is improving for the healthcare services company. "With supportive MA [Medicare advantage] rates locked in for '26/'27 & payors likely still on a margin focused pricing path, the outlook for AGL has been improving." Evercore ISI reiterates Apple as outperform Evercore said Apple's supply chain is robust. " AAPL's supply chain playbook remains highly sophisticated, but the AI cycle has meaningfully reduced the relative leverage it historically carried with key suppliers. Still, incremental insourcing and AAPL's sophisticated supply/demand planning leave it better positioned than many OEM peers. Maintaining our OP rating and $330 target." Bank of America upgrades Scorpio Tankers to buy from underperform Bank of America said the "cash gen...
Privia Health Group press release ( PRVA ): Q1 Non-GAAP EPS of $0.19 misses by $0.06 . Revenue of $603M (+25.6% Y/Y) beats by $41.07M . Updated Full-Year 2026 Guidance d e f g Privia Health maintained its full-year 2026 outlook for most metrics, and raised its guidance range for Attributed Lives, as follows: FY 2025 Initial FY 2026 Guidance at 2.27.26 d Updated FY 2026 Guidanceat 5.7.26 ($ in mill...
Privia Health Group press release ( PRVA ): Q1 Non-GAAP EPS of $0.19 misses by $0.06 . Revenue of $603M (+25.6% Y/Y) beats by $41.07M . Updated Full-Year 2026 Guidance d e f g Privia Health maintained its full-year 2026 outlook for most metrics, and raised its guidance range for Attributed Lives, as follows: FY 2025 Initial FY 2026 Guidance at 2.27.26 d Updated FY 2026 Guidanceat 5.7.26 ($ in millions) Actual Low High Implemented Providers 5,380 5,900 6,000 Unchanged Attributed Lives 1,541,000 1,550,000 1,600,000 1,600,000 - 1,625,000 Practice Collections $ 3,470.5 $ 3,650 $ 3,750 Unchanged GAAP Revenue $ 2,122.8 $ 2,350 $ 2,450 Unchanged Care Margin d e f $ 462.2 $ 515 $ 530 Unchanged Platform Contribution d e $ 234.8 $ 260 $ 270 Unchanged Adjusted EBITDA d e f $ 125.5 $ 145 $ 155 Unchanged Click to enlarge Expect approximately 80% of Adjusted EBITDA to convert to free cash flow in full-year 2026 More on Privia Health Group Privia Health Group, Inc. (PRVA) Q4 2025 Earnings Call Transcript Privia Health Group, Inc. 2025 Q4 - Results - Earnings Call Presentation Privia Health targets 19.5% adjusted EBITDA growth for 2026 while expanding national footprint to 24 states Seeking Alpha’s Quant Rating on Privia Health Group Historical earnings data for Privia Health Group