(RTTNews) - Stock of WeRide Inc. (WRD) is rising about 12 percent on Tuesday morning trading after the company, along with Uber (UBER), announced the launch of fully driverless Robotaxi fare-charging operations in Dubai, as part of the first batch of Level 4 Robotaxis to enter co
(RTTNews) - Stock of WeRide Inc. (WRD) is rising about 12 percent on Tuesday morning trading after the company, along with Uber (UBER), announced the launch of fully driverless Robotaxi fare-charging operations in Dubai, as part of the first batch of Level 4 Robotaxis to enter co
Dimensions/E+ via Getty Images Coherent ( COHR ) is one of those names that feels almost too obvious at first glance, and after recently covering Lumentum ( LITE ), it’s not a setup I can afford to ignore. The stock has already rerated significantly; there is too much optimism in AI stocks in general, and it is getting into a place where investors start confusing a strong trend in a business with ...
Dimensions/E+ via Getty Images Coherent ( COHR ) is one of those names that feels almost too obvious at first glance, and after recently covering Lumentum ( LITE ), it’s not a setup I can afford to ignore. The stock has already rerated significantly; there is too much optimism in AI stocks in general, and it is getting into a place where investors start confusing a strong trend in a business with a good entry point. That’s when I start getting worried. The more time I spend around Coherent, the less and less this looks like a simple momentum story and more and more like a company that has one of the strongest bottlenecks in AI networking. The Setup is Not Optics, It is InP What gives me hope is that Coherent is not just benefiting from the transceivers demand but is actually gaining more control of the layer that drives the demand. Coherent has been unusually clear about the importance of indium phosphide, and I think that clarity is justified; the shortage is no longer theoretical. Indeed, the datacenter bookings again accelerated in the latest print, with book-to-bill greater than 4x , most of 2026 already booked, 2027 booking rapidly, and customer forecasts going out to 2028. The 6-inch InP ramp is the core of this thesis. Anderson indicated Coherent is already at approximately 80% of its target wafer start rates to double its own internal InP supply by the end of 2026. In addition, six-inch wafers are capable of producing more than four times as many chips for less than half the cost of three-inch wafers. If this is true, Coherent is not only increasing supply. It is also structurally lowering its own costs. At the same time, its competitors are still trying to source adequate materials. This is a much better business than AI optics beneficiary. Revenue Quality Improving More Rapidly than the Market Knows I don’t like every aspect of Coherent’s portfolio. The industrial business is still relevant. However, Coherent is being re-evaluated via datacenter and commun...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR EURO STOXX 50 ETF (Symbol: FEZ) where we have detected an approximate $296.2 million dollar outflow -- that's a 6.5% decrease week over week (f
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR EURO STOXX 50 ETF (Symbol: FEZ) where we have detected an approximate $296.2 million dollar outflow -- that's a 6.5% decrease week over week (f
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the MOAT ETF (Symbol: MOAT) where we have detected an approximate $1.8 billion dollar outflow -- that's a 13.8% decrease week over week (from 139,550,00
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the MOAT ETF (Symbol: MOAT) where we have detected an approximate $1.8 billion dollar outflow -- that's a 13.8% decrease week over week (from 139,550,00
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR S&P Aerospace & Defense ETF (Symbol: XAR) where we have detected an approximate $593.5 million dollar outflow -- that's a 9.7% decrease
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR S&P Aerospace & Defense ETF (Symbol: XAR) where we have detected an approximate $593.5 million dollar outflow -- that's a 9.7% decrease
HJBC Accenture ( ACN ) is still a top pick at UBS in the business, education, and professional services sector, as the technology consulting firm is trading at a discount to the S&P 500 for the first time in more than 15 years. “With Accenture stock currently trading at a discount to the S&P 500 for the first time in 15+ years with ~12.8x FY2 P/E vs. our target multiple [of] 19.5x, we believe the ...
HJBC Accenture ( ACN ) is still a top pick at UBS in the business, education, and professional services sector, as the technology consulting firm is trading at a discount to the S&P 500 for the first time in more than 15 years. “With Accenture stock currently trading at a discount to the S&P 500 for the first time in 15+ years with ~12.8x FY2 P/E vs. our target multiple [of] 19.5x, we believe the market is undervaluing ACN’s earnings growth amid macro uncertainty,” analysts at the firm wrote in a note to clients. “Despite bookings execution and FCF acceleration, we see current sentiment-driven dislocation an opportunity as we remain constructive with [a] $320 PT.” More on Accenture Accenture: No, The Software Apocalypse Isn't Coming Accenture plc (ACN) Q2 2026 Earnings Call Transcript Accenture plc 2026 Q2 - Results - Earnings Call Presentation Accenture launches AI-powered Cyber.AI to boost security response and cut costs Accenture invests in DaVinci Commerce
Solar Stocks Surge As Energy Shock Revives Renewables Trade Goldman analyst Adam Wijaya asked clients whether this year's surge in SolarEdge, Enphase Energy, and other solar stocks is reviving a familiar trade: higher crude oil and natural gas prices in Europe and globally, strengthening the case for renewables as the energy shock sparks a return to coal switching . "Are we back to running the 202...
Solar Stocks Surge As Energy Shock Revives Renewables Trade Goldman analyst Adam Wijaya asked clients whether this year's surge in SolarEdge, Enphase Energy, and other solar stocks is reviving a familiar trade: higher crude oil and natural gas prices in Europe and globally, strengthening the case for renewables as the energy shock sparks a return to coal switching . "Are we back to running the 2022 playbook? " Wijaya asked in a note published Monday. Wijaya said, " Certainly seems that way based on recent px action in residential solar ." "SEDG is +79% YTD vs ENPH +18% and RUN -32%... oil + gas prices moving higher in Europe/globally + coal switching coming into the equation begs the question 'do we start to see more renewables adoption in the EU given demand needs ?'". SolarEdge shares are up 64% year to date, broadly tracking Brent crude and the European natural gas benchmark. The logic behind the trade is that higher fossil fuel prices improve the economics of alternative energy. "As we start getting closer to midterm elections – some specialists asking questions around the 'blue playbook'… ie which single stocks could have leverage to a policy shift in Energy focused on solar/wind/renewables ." Potentially stronger demand for renewables comes as the Hormuz crisis forces countries to rethink energy security. With some power grid operators likely to switch to coal to keep the lights on , the shock is also reviving the conversation around adding more solar and wind to diversify grid mix. Tyler Durden Tue, 03/31/2026 - 10:55
IBM's consulting unit returns to growth with rising AI demand and strategic partnerships, but macro risks and competition may test how durable the rebound proves.
IBM's consulting unit returns to growth with rising AI demand and strategic partnerships, but macro risks and competition may test how durable the rebound proves.
Deputies cite signs of impairment in affidavit Hydrocodone pills found in pocket after arrest Tiger Woods told authorities he was looking down at his phone and changing the radio station before his rollover crash last week in Florida, according to a probable cause affidavit. The 50-year-old golf star was arrested on suspicion of driving under the influence on Friday afternoon after his Land Rover ...
Deputies cite signs of impairment in affidavit Hydrocodone pills found in pocket after arrest Tiger Woods told authorities he was looking down at his phone and changing the radio station before his rollover crash last week in Florida, according to a probable cause affidavit. The 50-year-old golf star was arrested on suspicion of driving under the influence on Friday afternoon after his Land Rover clipped a truck and rolled on to its side near his home on Jupiter Island. Continue reading...
After announcing a 2029 target for migration to post-quantum cryptography (PQC), Google has warned that a quantum system could attack a Bitcoin (BTC) transaction in about nine minutes. The tech giant warned it won't happen today but it's a possibility one should be prepared for sooner ...
After announcing a 2029 target for migration to post-quantum cryptography (PQC), Google has warned that a quantum system could attack a Bitcoin (BTC) transaction in about nine minutes. The tech giant warned it won't happen today but it's a possibility one should be prepared for sooner ...
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Schwab US Dividend Equity ETF, where 478,000,000 units were destroyed, or a 14.8% decrease week over week. Among the largest underlying com
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Schwab US Dividend Equity ETF, where 478,000,000 units were destroyed, or a 14.8% decrease week over week. Among the largest underlying com
Introduction McCormick’s ( MKC ) Q1 results were initially received quite well; however, as time went by and more news came out, that all changed. I wanted to go through the numbers and give some comments on the big merger deal that could have played a massive role here. I am maintaining my hold rating for MKC. The last time I covered MKC was back in June of last year, and since then, its share pr...
Introduction McCormick’s ( MKC ) Q1 results were initially received quite well; however, as time went by and more news came out, that all changed. I wanted to go through the numbers and give some comments on the big merger deal that could have played a massive role here. I am maintaining my hold rating for MKC. The last time I covered MKC was back in June of last year, and since then, its share price has continued to go down around 27% vs. SPY’s ( SPY ) 6% gain. By the Numbers Let’s start from the top. Sales came in at around $1.87B, up almost 17% y/y, and beat estimates by $80, which looks fantastic, but most of that growth came from acquisitions. Organic growth came in at 1.2%. Total consumer grew 24.5%, with most of the growth coming from acquisitions, with organic growth coming in at 1.8%. The big acquisition was McCormick de Mexico, which was only partly owned, and now the company has increased its stake to over 75%, gaining control. So, in terms of the top-line performance, don’t expect this to be sustained going forward, and expect it to be in the low single digits once again in the next quarters. In terms of profitability, Q1 non-GAAP came in at $0.66, which beat estimates by 7 cents. Gross profit margin improved 20 bps to 37.8%, while on an adjusted basis, it improved 100 bps to 38.6%. GAAP operating income declined 190 bps to 12.1%, while non-GAAP operating income increased 30 bps to 14.3%. The company’s bottom line increased 528% to $3.77, but there was an adjustment to the company’s McCormick de Mexico stake remeasurement. It was a non-cash gain. Looking at the company’s financial position, MKC finished the first quarter with around $178m in cash and equivalents, against $3.6B in LT debt and $1.3B in ST debt. That’s quite a decent amount of debt compared to cash on hand, but is it worrisome? EBIT for the quarter came in at $227.5, while the company paid out $47.3m in interest expenses on the debt outstanding. This means its interest coverage ratio is clo...
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Core S&P 500 ETF, which added 66,400,000 units, or a 6.4% increase week over week. Among the largest underlying components of IVV, in
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares Core S&P 500 ETF, which added 66,400,000 units, or a 6.4% increase week over week. Among the largest underlying components of IVV, in
(RTTNews) - Cboe Global Markets (CBOE) and CNBC have entered into a multi-year collaboration to bring daily live market coverage from Cboe's Chicago trading floor.
(RTTNews) - Cboe Global Markets (CBOE) and CNBC have entered into a multi-year collaboration to bring daily live market coverage from Cboe's Chicago trading floor.
Earnings Call Insights: T1 Energy Inc. (TE) Q4 2025 Management View CEO Daniel Barcelo framed the strategy around completing domestic vertical integration, saying, "In 2026, we are building our G2_Austin solar cell fab to complete our vertically integrated domestic solar chain in the U.S. market that completely changed on January 1 with the implementation of new federal rules on foreign content an...
Earnings Call Insights: T1 Energy Inc. (TE) Q4 2025 Management View CEO Daniel Barcelo framed the strategy around completing domestic vertical integration, saying, "In 2026, we are building our G2_Austin solar cell fab to complete our vertically integrated domestic solar chain in the U.S. market that completely changed on January 1 with the implementation of new federal rules on foreign content and ownership." He added, "Next year, 2027 is the year we intend to deliver a step-change in our ability to generate earnings and cash flow." Barcelo highlighted Q4 capital formation and commercial steps tied to G2, including "a $72 million registered direct common equity offering," "a $50 million convertible preferred tranche" from Encompass-managed funds, and a December raise "raising combined gross proceeds of $322 million" through concurrent common equity and convertible notes. He said Phase 1 construction at G2 is underway and reiterated the Phase 1 production goal: "Following the completion of Phase 1, we expect to begin producing high efficiency, high domestic content solar cells by the end of this year with an annual capacity of 2.1 gigawatts." Barcelo also pointed to the Treaty Oak Clean Energy deal timing and volume, stating it was "highlighted by a 3-year agreement for T1 to supply 900 megawatts of G1 modules with G2 domestic cells starting in 2027." On the existing Dallas module plant, he said, "quarterly production and sales surpassed 1 gigawatt for the first time" in Q4. CFO Evan Calio described liquidity and funding capacity, saying, "T1 ended 2025 with a much improved liquidity position in a fully ramped factory that hit our production targets" and "we're able to raise more than $440 million in the fourth quarter." Calio said one-time items affected 2025 EBITDA and "account for much of the miss versus guidance," citing several specific drivers. SVP Otto Erster Bergesen said G2 construction and engineering are advancing, and noted the remaining build requiremen...
DNY59/iStock via Getty Images A new $100,000 Social Security cut off proposal Social security benefits and whether they will cease to exist have been a question for decades. There are a few different solutions to the underfunding of Social Security being kicked around. The Committee for a Responsible Federal Budget, a nonpartisan, non-profit watchdog organization, made some new proposals on how to...
DNY59/iStock via Getty Images A new $100,000 Social Security cut off proposal Social security benefits and whether they will cease to exist have been a question for decades. There are a few different solutions to the underfunding of Social Security being kicked around. The Committee for a Responsible Federal Budget, a nonpartisan, non-profit watchdog organization, made some new proposals on how to address funding shortfalls. From Seeking Alpha : Social Security reform proposal: The Committee for a Responsible Federal Budget on Tuesday proposed capping annual benefits at $100,000 for couples retiring at the Normal Retirement Age. The proposal, called the Six-Figure Limit, would target the wealthiest retirees while leaving benefits unchanged for most Americans. With Social Security less than seven years from insolvency, at which point the law mandates a 24% across-the-board benefit cut, the committee argues that paying six-figure benefits to millionaires is increasingly difficult to justify. The committee estimates the Six Figure Limit would close between one-fifth and one-half of Social Security’s 75-year funding gap, depending on how the cap is indexed over time. In the early years, the policy would affect only the top 0.05% of couples, those with average retirement income exceeding $2.5M annually. Is this fair? This is obviously another wealth tax aimed at those who earned the most over their lifetimes and also paid the most into the system. These individuals, collecting $50,000 a year or more individually, would most likely have had to earn above the Social Security wage cap for 35 years or more [for reference, that cap is $184,500 in 2026]. The AIME, average indexed monthly earnings, is the average of your 35 years' worth of earnings [indexed for inflation] divided by 420 months. This aforementioned cap is also called the 'wage base'. Here is a historical record of those amounts by year : ssa.gov Many of these are also the 'waiters' of society Another debate poin...