simona flamigni/iStock Editorial via Getty Images Today, we are back to comment on Koninklijke Philips N.V. ( PHG ). Before reporting the latest numbers, we at the Lab have a positive sector view of the EU Medtech industry. The sector has underperformed compared to the broader market since mid-2022. This was due to COVID-19 tailwinds, which led many companies to report muted sales growth expectati...
simona flamigni/iStock Editorial via Getty Images Today, we are back to comment on Koninklijke Philips N.V. ( PHG ). Before reporting the latest numbers, we at the Lab have a positive sector view of the EU Medtech industry. The sector has underperformed compared to the broader market since mid-2022. This was due to COVID-19 tailwinds, which led many companies to report muted sales growth expectations. Still, the sector was negatively influenced by China headwinds, inflation, and rising rates and tariffs. In the meantime, the company presented a supportive Investor Day and recently released its Q1 print-out. Philips appears well-positioned to benefit from improving sector dynamics and a continued acceleration in underlying revenue trends. Our buy rating was also supported by a sector that has underperformed for several years, creating an attractive valuation backdrop. Since our last update (January 2026), Philips shares are down by 11%, but we believe the equity investment has de-risked. This provides a solid entry point. Mare Ev. Lab Rating Update Fig 1 Q1 Results The company reported a solid start to 2026. In numbers, Koninklijke Philips reached top-line sales of €3.9 billion (Fig. 2), up 4% from Q1 2025. This result was supported by Philips' major business segments and stronger sales in North America (+5%) and the EU (+7%). Going down to the P&L, the company's profitability also improved in Q1. The adj. EBITA margin expanded by 40 basis points to 9.0%. Compared to Wall Street analysts' expectations, the company reported top-line sales and adj. EBITA beat by 1% and 9%, respectively. By segment, this was largely driven by the Diagnosis & Treatment result, with an EBITA up from 30 basis points from last year. Philips' EBITA was also supported by operational execution. In number terms, this is evident in the decline in restructuring charges from €143 million in Q1 2025 to €61 million in Q1 2026. The company reported that its net profit more than doubled to almost €150...
(RTTNews) - Target Corp. (TGT) released earnings for first quarter that Drops, from last year The company's bottom line came in at $781 million, or $1.71 per share. This compares with $1.03 billion, or $2.27 per share, last year. Excluding items, Target Corp. reported adjusted earnings of $1.71 per share for the period. The company's revenue for the period rose 6.7% to $25.44 billion from $23.84 b...
(RTTNews) - Target Corp. (TGT) released earnings for first quarter that Drops, from last year The company's bottom line came in at $781 million, or $1.71 per share. This compares with $1.03 billion, or $2.27 per share, last year. Excluding items, Target Corp. reported adjusted earnings of $1.71 per share for the period. The company's revenue for the period rose 6.7% to $25.44 billion from $23.84 billion last year. Target Corp. earnings at a glance (GAAP) : -Earnings: $781 Mln. vs. $1.03 Bln. last year. -EPS: $1.71 vs. $2.27 last year. -Revenue: $25.44 Bln vs. $23.84 Bln last year. -Guidance: Full year EPS guidance: $ 7.50 To $ 8.50 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Hasbro press release ( HAS ): Q1 Non-GAAP EPS of $1.47 beats by $0.18 . Revenue of $1B (+12.7% Y/Y) misses by $60M . 2026 Company Outlook and Capital Allocation For the full year, the Company continues to expect: Total Hasbro revenue up 3-5% in constant currency. Adjusted operating margin of 24-25%. Adjusted EBITDA of $1.40 billion to $1.45 billion. 2026 Capital Allocation priorities: Invest in co...
Hasbro press release ( HAS ): Q1 Non-GAAP EPS of $1.47 beats by $0.18 . Revenue of $1B (+12.7% Y/Y) misses by $60M . 2026 Company Outlook and Capital Allocation For the full year, the Company continues to expect: Total Hasbro revenue up 3-5% in constant currency. Adjusted operating margin of 24-25%. Adjusted EBITDA of $1.40 billion to $1.45 billion. 2026 Capital Allocation priorities: Invest in core business. Return cash to shareholders through dividends and share repurchases. Continue to pay down debt. More on Hasbro Hasbro: Magic Is Working, But I'm Not Spellbound Hasbro: MAGIC Strength Increasingly Reflected (Downgrade) Hasbro Q1 2026 Earnings Preview A Hasbro takeout of Mattel is called unlikely despite activist investor pressure Seeking Alpha’s Quant Rating on Hasbro
iHub News 18 minutes ago Google expands AI push at I/O with enterprise-focused Gemini upgrades and smarter search toolsMay 20, 2026 6:35 AM IH Market News Alphabet Inc.’s Google (NASDAQ:GOOG) on Tuesday introduced a range of new artificial intelligence tools at its annual I/O developer conference, including AI agents integrated directly into Search and a faster, lower-cost Gemini model aimed at en...
iHub News 18 minutes ago Google expands AI push at I/O with enterprise-focused Gemini upgrades and smarter search toolsMay 20, 2026 6:35 AM IH Market News Alphabet Inc.’s Google (NASDAQ:GOOG) on Tuesday introduced a range of new artificial intelligence tools at its annual I/O developer conference, including AI agents integrated directly into Search and a faster, lower-cost Gemini model aimed at enterprise customers.The announcements come as Google intensifies competition with rivals including Anthropic and OpenAI in the race to attract high-value corporate AI users.Google also showcased new AI agents designed to autonomously carry out tasks such as purchasing products, monitoring ticket availability and organising schedules in real time across its ecosystem of consumer services.“When people use our AI-powered features in Search, they use Search more,” Alphabet chief executive Sundar Pichai said. Google positions Gemini at the centre of its AI strategy The I/O conference in Mountain View, California marked Google’s first major AI showcase since the release of the updated Gemini model last winter, which helped the company regain momentum in the intensifying AI race.Executives used the event to present Google’s long-term vision for artificial intelligence after previous conferences had focused heavily on the disruptive threat posed by emerging AI competitors.“When we look back at this time, I think we will realize that we were standing in the foothills of the singularity,” said Demis Hassabis, head of Google DeepMind. “It will be a profound moment for humanity.”Google unveiled multiple tools powered by its Gemini 3.5 model family, including Gemini 3.5 Flash, a model designed specifically for coding and automated workflows. Pichai also confirmed that Gemini 3.5 Pro is scheduled for release next month. Google cuts AI pricing for enterprise customers Google also reduced pricing for its premium AI Ultra subscription plan, lowering the monthly cost from $250 to $200. The pa...
Key Points The inflation rate recently hit a three-year high. Despite annual COLAs, Social Security benefits continue to lose buying power. Potential benefit cuts in the next six years could worsen the problem. The $23,760 Social Security bonus most retirees completely overlook › Many retirees have been feeling the pinch of rising costs amid soaring inflation, with the inflation rate recently reac...
Key Points The inflation rate recently hit a three-year high. Despite annual COLAs, Social Security benefits continue to lose buying power. Potential benefit cuts in the next six years could worsen the problem. The $23,760 Social Security bonus most retirees completely overlook › Many retirees have been feeling the pinch of rising costs amid soaring inflation, with the inflation rate recently reaching a three-year high. Annual cost-of-living adjustments (COLAs) are supposed to help Social Security benefits maintain their buying power, but with inflation staying stubbornly high, it's becoming harder for the COLAs to keep up. Over time, this could spell trouble for retirees. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » How COLAs compare to historic inflation The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) is one of the primary metrics used to track inflation. It measures the average change in prices of everyday goods and services, and it's also what the Social Security Administration uses to calculate COLAs. The COLA is based on an average of third-quarter CPI-W figures. That average is compared to the average from the same period a year earlier, and if it's higher, the percentage difference will be the COLA for the following year. Because the COLA is based only on third-quarter data, it doesn't always reflect how inflation has affected seniors throughout the year. Between April 2016 and April 2026, the CPI-W has increased by close to 40%. To be fair, some inflation is normal, so it's not necessarily surprising that the CPI-W has increased over the last decade. The problem is that COLAs haven't kept up. Over the last 10 years, Social Security benefits have lost around 13% of their buying power, according to a 2026 report from nonpartisan advocacy group The Senior Citi...
The early bid looks tied to broad risk-on positioning in premarket trading, which often lifts mega-cap semiconductor names alongside Nasdaq strength. With TSM already extended over the past year, traders are also watching whether the stock can re-attack its recent highs after consolidating since May. Plans Ultra-Advanced AI Chips Separately, Bank of America raised its 2027 capital expenditure fore...
The early bid looks tied to broad risk-on positioning in premarket trading, which often lifts mega-cap semiconductor names alongside Nasdaq strength. With TSM already extended over the past year, traders are also watching whether the stock can re-attack its recent highs after consolidating since May. Plans Ultra-Advanced AI Chips Separately, Bank of America raised its 2027 capital expenditure forecast for the company to $75 billion from $63 billion, citing strong artificial intelligence and high-performance computing demand. The bank also noted improving profitability at Taiwan Semiconductor’s Arizona fabs and maintained a Buy rating on the stock. Taiwan Semiconductor Technical Analysis From a trend perspective, TSM is still in a bullish structure: it’s trading 7.5% above its 50-day SMA ($369.61) and 26% above its 200-day SMA ($315.29), with a golden cross that formed in June 2025 keeping the longer-term bias pointed up. The near-term picture is more mixed, though, with the stock sitting 0.8% below its 20-day SMA ($400.55), which frames the current action as consolidation rather than a clean breakout. Momentum is best described as “resetting” instead of accelerating: RSI is 50.56, a neutral reading that suggests the stock isn’t stretched and is waiting for the next push from buyers or sellers. In plain English, RSI helps gauge whether a move is getting overheated or washed out—right now it’s signaling balance after the strong run. Key levels are tight enough to matter for swing traders: a move back above the 20-day area would put the May highs back in play, while a slip toward the mid-$300s would test whether dip-buyers still defend the uptrend. The stock’s 52-week high was set in May at $421.97, and that zone remains the obvious “ceiling” the market needs to clear to restart the uptrend leg. Key Resistance : $414.50 — a nearby ceiling just below the 52-week high zone where rallies can stall : $414.50 — a nearby ceiling just below the 52-week high zone where rallies...
laddawan punna/iStock via Getty Images Investment Approach Fidelity ® Real Estate Investment Portfolio ( FRESX ) seeks above-average income and long-term capital growth, consistent with reasonable investment risk, by investing in securities of companies that own and, in most cases, operate commercial real estate properties. Investment in real estate securities has the potential to provide portfoli...
laddawan punna/iStock via Getty Images Investment Approach Fidelity ® Real Estate Investment Portfolio ( FRESX ) seeks above-average income and long-term capital growth, consistent with reasonable investment risk, by investing in securities of companies that own and, in most cases, operate commercial real estate properties. Investment in real estate securities has the potential to provide portfolio diversification, consistent income generation, total return and the ability to outpace inflation. We believe real estate investment trusts (REITs) represent a balance between real estate and stocks, and that recognizing attributes of both is key to identifying opportunities to outperform. Through rigorous bottom-up research from Fidelity's dedicated real estate team and the firm's broader research resources, we strive to add value through security selection within a disciplined risk framework. Our process seeks to determine the relative attractiveness of individual REITs and will try to take advantage of pricing discrepancies in the market. PERFORMANCE SUMMARY Cumulative Cumulative Annualized Annualized Annualized Annualized 3 Month YTD 1 Year 3 Year 5 Year 10 Year/ LOF 1 Fidelity Real Estate Investment Portfolio Gross Expense Ratio: 0.64% 2 3.33% 3.33% 2.47% 6.42% 4.45% 4.60% S&P 500 Index -4.33% -4.33% 17.80% 18.32% 12.06% 14.16% MSCI US IMI Real Estate 25/50 Linked Index 1.35% 1.35% 1.97% 6.54% 3.30% 3.16% Morningstar Real Estate 2.31% 2.31% 2.75% 6.76% 3.58% 4.74% % Rank in Morningstar Category (1% = Best) -- -- 57% 54% 30% 59% # of Funds in Morningstar Category -- -- 207 197 190 149 Click to enlarge 1 Life of Fund (LOF) if performance is less than 10 years. Fund inception date: 11/17/1986. 2 This expense ratio is from the most recent prospectus and generally is based on amounts incurred during the most recent fiscal year, or estimated amounts for the current fiscal year in the case of a newly launched fund. It does not include any fee waivers or reimbursements, which...
(RTTNews) - The French stock market gained notable ground in positive territory on Wednesday as oil prices dropped after U.S. President Donald Trump said the war with Iran will end "very quickly." Brent crude futures dropped to $108.50 a barrel before recovering to $109.11, still down nearly 2%. Investors also digested Euro zone inflation data, and looked ahead to Nvidia earnings update. The CAC 4...
(RTTNews) - The French stock market gained notable ground in positive territory on Wednesday as oil prices dropped after U.S. President Donald Trump said the war with Iran will end "very quickly." Brent crude futures dropped to $108.50 a barrel before recovering to $109.11, still down nearly 2%. Investors also digested Euro zone inflation data, and looked ahead to Nvidia earnings update. The CAC 40 was up 54.23 points or 0.68% at 8,035.99 about half an hour past noon. Euronext moved up over 5%. STMicroelectronics climbed nearly 5%. ArcelorMittal gained 3.5% and Legrand rallied 2.5%. Stellantis climbed nearly 1% before easing slightly. The automotive giant announced plans to form a Europe-based joint venture with Dongfeng Motor Group Co., Ltd to produce new energy vehicles. Schneider Electric, Sanofi, Safran and TotalEnergies gained 1.3%-1.7%. Societe Generale, Engie, Thales, Eiffage, Accor, Saint Gobain and Air Liquide moved up 0.6%-1.1%. Capgemini drifted down nearly 2%. Renault and Hermes International shed 1.6% and 1.4%, respectively. L'Oreal, AXA, BNP Paribas, Orange, Danone and Publicis Groupe also showed weakness. On the trade front, the European Union has reached a provisional agreement to remove import duties on U.S. goods, keeping the bloc on track to meet Trump's July 4 deadline and avoid higher tariffs on European goods. Final data from Eurostat showed Eurozone inflation accelerated in April, as initially estimated, driven by higher energy prices. The harmonized index of consumer prices posted an annual increase of 3% in April, up from 2.6% in March. The rate matched the estimate published on April 30. Meanwhile, core inflation that excludes prices of energy, food, alcohol and tobacco, softened to 2.2% in April, as estimated, from 2.3% in the previous month. Among main components of HICP, energy registered the biggest annual growth of 10.8%. This was followed by the 3% rise in services costs. Food, alcohol and tobacco prices rose 2.4% and non-energy indus...
Target press release ( TGT ): Q1 Non-GAAP EPS of $1.71 beats by $0.25 . Revenue of $25.44B (+6.7% Y/Y) beats by $740M . Guidance The Company has the following updated expectations for 2026: Net sales growth in a range around 4 percent compared with 2025 - two percentage points higher than the prior range (prior around 2 percent compared with 2025) vs. estimated growth of 2.30% Y/Y . The Company co...
Target press release ( TGT ): Q1 Non-GAAP EPS of $1.71 beats by $0.25 . Revenue of $25.44B (+6.7% Y/Y) beats by $740M . Guidance The Company has the following updated expectations for 2026: Net sales growth in a range around 4 percent compared with 2025 - two percentage points higher than the prior range (prior around 2 percent compared with 2025) vs. estimated growth of 2.30% Y/Y . The Company continues to expect to grow net sales in every quarter of the year. Full-year 2026 operating income margin rate more than 20 basis points higher than the 4.6 percent Adjusted operating income margin rate in 2025. GAAP and Adjusted EPS near the high end of the prior guidance range of $7.50 to $8.50 (prior $7.50 to $8.50) vs. $8.11 consensus. More on Target Target Q1 2026 Earnings Preview: Shares Could Pull Back After A Strong Run Target: Missing The Mark Target: My Target Price Justifies The Recent Rally, Pause For Now Target names new supply chain chief to tackle empty shelves, fulfillment ambitions Target Q1 earnings on deck: What to expect
Michael M. Santiago/Getty Images News GameStop ( GME ) expanded its economic exposure to eBay ( EBAY ) through derivative-linked put/call option structures, according to an amended regulatory filing. The amended 13D filing on Tuesday showed GameStop increased its economic exposure tied to eBay shares to about 29.1M shares, up from roughly 22.2M shares disclosed in the filing on May 4. Together wit...
Michael M. Santiago/Getty Images News GameStop ( GME ) expanded its economic exposure to eBay ( EBAY ) through derivative-linked put/call option structures, according to an amended regulatory filing. The amended 13D filing on Tuesday showed GameStop increased its economic exposure tied to eBay shares to about 29.1M shares, up from roughly 22.2M shares disclosed in the filing on May 4. Together with 25,000 directly owned eBay shares, the position now represents about 6.55% of eBay’s outstanding shares, compared with approximately 5.0% previously. The put/call pairs have strike prices ranging from $84.739414 to $114.964496. The filing noted that, in the event of physical settlement of the put/call pairs, GameStop would have the sole power to vote or direct the vote of the shares of common stock underlying such put/call pairs. The disclosure comes as GameStop CEO Ryan Cohen’s activist-style campaign targeting eBay has become one of Wall Street’s closely watched corporate battles this year. GameStop previously proposed acquiring eBay in a deal reportedly valued at about $56B, an offer eBay rejected at the time as “neither credible nor attractive.” In a recent interview with entrepreneur and investor Anthony Pompliano, Cohen criticized eBay’s cost structure, saying the company “needs to be on Ozempic” because it had become “obese to an unhealthy degree.” Cohen reiterated that he sees significant cost-cutting opportunities at eBay if he gains control, while adding that he largely expected the company’s board and management to reject his proposal because he would seek major leadership changes. Year-to-date, GameStop ( GME ) has risen +10% , while eBay ( EBAY ) has grown +31% . More on GameStop, 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 GameStop's bid for eBay faces a credit rating headwind Could GameStop really buy eBay? Traders aren’t convinced
iHub News 16 minutes ago Meta proposes limited free WhatsApp access for rival AI chatbots in Europe (META)May 20, 2026 6:31 AM IH Market News Meta Platforms, Inc. (NASDAQ:META) has proposed granting competing artificial intelligence chatbots, including those developed by OpenAI, limited free access to WhatsApp in Europe before introducing charges once usage thresholds are exceeded, according to tw...
iHub News 16 minutes ago Meta proposes limited free WhatsApp access for rival AI chatbots in Europe (META)May 20, 2026 6:31 AM IH Market News Meta Platforms, Inc. (NASDAQ:META) has proposed granting competing artificial intelligence chatbots, including those developed by OpenAI, limited free access to WhatsApp in Europe before introducing charges once usage thresholds are exceeded, according to two people familiar with the matter.The previously undisclosed proposal comes as Meta attempts to ease mounting pressure from European Union regulators, who have intensified scrutiny of large technology groups and their influence over digital markets. Meta seeks to address EU antitrust concerns Meta submitted the proposal to EU antitrust authorities last week after the European Commission indicated it was considering interim measures that could force the company to provide rivals with access to WhatsApp while an ongoing investigation continues.Neither Meta nor the Commission had publicly disclosed details of the proposal at the time.According to the sources, interested parties were given until May 18 to provide feedback to the Commission before regulators decide whether to accept Meta’s offer.Under the proposed structure, rival AI chatbot providers would initially receive free access to WhatsApp’s services but would begin paying fees after surpassing certain messaging limits. EU regulators push to preserve competition in AI The broader dispute highlights growing efforts by European regulators to maintain competition in emerging digital and AI markets by preventing dominant technology firms from consolidating excessive market power or restricting smaller competitors.The European Commission declined to comment further, reiterating that its priority is to keep the rapidly expanding AI assistant market open and competitive for innovators. The Commission added that Meta’s proposal should create room for continued discussions aimed at resolving regulatory concerns.Meta repeated ear...