Every quarter, the Securities and Exchange Commission (SEC) requires institutional investors with over $100 million in assets to list exactly what U.S. publicly traded stocks they own, how many shares they hold, and the total dollar amount of those positions. One company that investors follow religiously is Berkshire Hathaway (BRKA +1.48%)(BRKB +1.32%). Investors have finally caught a glimpse of what Berkshire bought and sold during the first quarter. The conglomerate trimmed several stocks from its portfolio, but its top three holdings remained steady: Apple (AAPL +1.38%), American Express (AXP +0.73%), and Coca-Cola (KO +0.38%). American Express is a quintessential Warren Buffett investment that Berkshire Hathaway has owned for decades, and there's one major reason why it remains a top holding after all these years. Expand NYSE : AXP American Express Today's Change ( 0.73 %) $ 2.25 Current Price $ 311.95 Key Data Points Market Cap $213B Day's Range $ 310.65 - $ 314.13 52wk Range $ 286.15 - $ 387.49 Volume 99.4K Avg Vol 3.7M Gross Margin 60.19 % Dividend Yield 1.09 % American Express boasts a strong economic moat In Q1, Berkshire Hathaway sold its entire stake in both Visa and Mastercard but continued to hold American Express. What separates American Express from its competitors is that it operates a closed-loop payments network, meaning it is the card issuer and network processor, and also holds and services its own credit card loans. This enables American Express to earn both network fees from transactions and interest income on its loans. Another advantage for American Express is its successful branding targeted toward high-net-worth, high-spend individuals. The company positions itself as a luxury card and offers customers rewards and benefits to reflect this. Benefits like Centurion Lounges, concierge services, and early access to ticket sales reinforce its status as a premium brand, rather than just a payment method. As a result, American Express cardholders ...

伊朗外交部长阿拉格齐今天（5月23日）在致黎巴嫩真主党总书记纳伊姆·卡西姆的信中强调，伊朗绝不会放弃对真主党的支持。阿拉格齐表示，伊朗将“黎巴嫩停火”作为任何协议的前提条件。这一原则至今仍是不可动摇的基石，是伊朗政府与人民合法诉求的核心，未来亦将如此。他明确表示，在伊朗通过巴基斯坦中间人提交的关于实现“永久且可持续停火”的最新提案中，已再次重申了必须将黎巴嫩包含在停火范围内的强制性要求。 (CCTV国际时讯)

Zerbor Corporate earnings this week featured a high-stakes lineup of reports from 19 notable companies across technology, consumer discretionary, industrials, and communication services. Earnings Roundup: Bottom Line: Out of the 19 companies reporting, all 19 exceeded EPS expectations. Notably, 15 of these companies posted year-over-year earnings growth. Top Line: Performance remained robust on the revenue front, with all 19 companies topping Wall Street estimates and successfully delivering top-line expansion. Seeking Alpha (Seeking Alpha) Let’s take a look at some of the companies that reported earnings this week: Analog Devices ( ADI ) posted r ecord fiscal second-quarter 2026 revenue of $3.62 billion (up 37% YoY) and a non-GAAP EPS of $3.09, both beating estimates on robust industrial and data center demand, while management issued upbeat Q3 guidance forecasting revenue of $3.9 billion and EPS of $3.30 at the midpoint. Deere & Company ( DE ) reported fiscal second-quarter 2026 worldwide net sales and revenues of $13.37 billion (up 5% YoY) and net income of $1.773 billion ($6.55 per diluted share), comfortably exceeding analyst expectations despite agricultural market headwinds, while reiterating its full-year net income guidance of $4.5 billion to $5.0 billion. Lowe's Companies ( LOW ) delivered a solid start to fiscal 2026 with total sales rising to $23.1 billion and adjusted diluted EPS beating projections at $3.03, supported by strong spring execution and Pro momentum, while reaffirming its full-year outlook of $92 billion to $94 billion in total sales. NVIDIA Corporation ( NVDA ) beat consensus expectations for fiscal first-quarter 2027, delivering an adjusted EPS of $1.87 against the projected $1.77 along with stellar top-line growth driven by a massive surge in hyperscaler AI infrastructure capex, while issuing forward guidance that signals sustained market dominance. Take-Two Interactive Software ( TTWO ) outpaced management's expectations for fiscal four...

TannySolt/iStock via Getty Images It takes patience for turnaround plays to turn the corner. Some take longer than others, and that’s why getting paid a dividend in the meantime is so important. Unlike hedge fund managers, retail investors only need to answer to themselves. As such, they are also positioned to reap the benefits as the tide turns on a stock so long as they stay in the game. This brings me to Americold Realty Trust ( COLD ), which I last covered back in January 2025. Admittedly, that call was too early as COLD has continued to face margin pressure since my last piece. That picture appears set to change for the better, as reflected by COLD climbing out of the $10-12 range to $14.81, at present, as shown below. COLD Stock 1-Yr Trend (Seeking Alpha) In this article, I revisit COLD including recent business results , and discuss why now may finally be a good time to pick up this name as it continues to recover, so let’s get started! Why COLD? Americold Realty is a global leader in temperature-controlled logistics and real estate. Its business supports the safe and efficient movement of food worldwide. It has 224 operating facilities across North America, Europe, Asia Pacific, and South America. COLD has deep relationships with top customers that span decades. This includes serving a range of producers and grocers like General Mills ( GIS ), Kraft Heinz ( KHC ), Tyson Foods ( TSN ), Conagra ( CAG ), and Walmart ( WMT ). COLD’s network is 90% owned and includes high-quality warehouses that are strategically located near population dense markets, as shown below. Investor Presentation COLD’s Q1 2026 results show improving conditions for the company. It delivered AFFO per share of $0.29. While this is down from $0.34 in the prior year period, it was above management and analyst expectations. Physical occupancy was flat YoY despite prolonged inventory destocking that’s pressured warehouse operators. Plus, inventory levels largely stabilized and pricing performa...

Modern financial markets are triggering cognitive dissonance among investors. On the one hand, we're seeing historical highs among stock indices. On the other hand, there are obvious signs of macroeconomic fatigue. As I detailed recently, looking at the valuation of inflation (through the prism of the Big Mac Index), the real U.S. economy, measured in physical base goods, has actually been in a hidden recession for the last 20 years. The stock market, however, has managed to more than double over this time. This systemic disconnect between Wall Street and Main Street generates some frightening statistical anomalies. In a previous article, I also analyzed the Buffett Indicator in detail, which reached an incredible 228%. According to classic theory, an indicator of 100% or higher points to overvaluation. That means a figure of 228% should signal of one of the most massive bubbles in history. Looking at these numbers, an army of analysts predicts an unavoidable catastrophe every day. But what if we're attempting to measure the modern digital economy by an old industrial yardstick? What if this is not a bubble but a fundamental, tectonic shift in the very nature of the structure of the economy? The Illusion of a Bubble: Detachment of Capitalization From GDP To understand why the Buffett Indicator broke, we need to remember the base math of investing. The stock market — capitalization — is not a derivative from gross domestic product (GDP) or aggregate revenue. The stock market always primarily values future earnings. In the industrial era of the 20th century, the share of corporate profit in the general volume of the economy was a relatively stable constant. If GDP grew, corporations sold more goods, their revenue grew, and profit increased proportionally. This is precisely why the Buffett Indicator worked — GDP was a reliable mirror for the valuation of future profits. But in the last two decades, this relationship has fallen apart. If we look at the price-to-earnings...

watch now VIDEO 11:15 11:15 Why Americans are cutting back on dating Markets and Politics Digital Original Video Inflation concerns are spilling into "date-flation" discussions online, as social media users react to a surprising stat: Millennials spend $252, on average, for a date. The figure, which CNBC reported on in April, comes from BMO Financial Group's 2026 BMO Real Financial Progress Index . The average "all-in" spend on a date in America — including pre-date grooming and gas money, as well as the cost of the date itself — has climbed to $189, up 12.5% from last year, BMO found. "Date-flation," as the report dubbed it, far outpaced the 2.7% inflation rise over the same period. Millennials reported the highest average cost per date and the largest year-over-year increase, according to BMO's year-over-year generational data: Gen Z: $205, up from $194 Millennials: $252, up from $191 Gen X: $173, up from $172 Baby boomers: $126, down from $127 The bank polled 2,501 adults in late December through January. Inflation has worsened since then. The consumer price index rose 3.8% year over year in April 2026, according to the latest Bureau of Labor Statistics reading. Read more CNBC personal finance coverage Could Trump Accounts be a model for Social Security? Here’s what experts say 'Survivor's penalty' can affect retirees after a spouse dies. What to expect This federal program trains older workers. The Trump administration wants to cut it Jeff Bezos says bottom half of earners should pay zero in income taxes CNBC's Financial Advisor 100: Best financial advisors, top firms ranked Higher costs are having a ripple effect on dating habits, experts say. "We're seeing that there is this increased cost of living, and it's lowering our dating frequency and how we're seeing or perceiving dating," Sabrina Romanoff, a clinical psychologist, told CNBC. "We're seeing people have fewer dinners out and there's a lower tolerance for higher-risk meetups." Half of Americans who date ...

Key Points CEO James Peck acquired 118,625 shares at around $8.43 per share on May 18, 2026, representing a transaction value of ~$1 million. Directly owned shares now total 424,683, while indirect holdings via PAVentures II, LLC remain substantial at 9,665,342 shares. Peck retains a total of 10,090,025 shares following the transaction (direct and indirect holdings combined). 10 stocks we like better than Niq Global Intelligence Plc › CEO and Chairman of the Board James M. Peck reported an open-market purchase of 118,625 shares in his company NIQ Global Intelligence plc (NYSE:NIQ) for a total value of approximately $1 million, according to the SEC Form 4 filing. Transaction summary Metric Value Shares traded 118,625 Transaction value ~$1.0 million Post-transaction shares (direct) 424,683 Post-transaction value (direct ownership) ~$3.58 million Transaction and post-transaction values based on SEC Form 4 weighted average purchase price ($8.43). Key questions How does this purchase impact James Peck's overall ownership in NIQ Global Intelligence? The transaction increases direct ownership by 38.76%, but due to substantial indirect holdings, it drives only a 1.19% change in total equity exposure. The transaction increases direct ownership by 38.76%, but due to substantial indirect holdings, it drives only a 1.19% change in total equity exposure. What is the context of the share classes, and does this represent a full commitment to Common Stock? This transaction pertains exclusively to Common Stock; Peck continues to own 10,090,025 Ordinary Shares (direct and indirect), thus maintaining significant ongoing exposure. This transaction pertains exclusively to Common Stock; Peck continues to own 10,090,025 Ordinary Shares (direct and indirect), thus maintaining significant ongoing exposure. Was the transaction size large relative to available capacity? The purchase reflects a meaningful use of direct capacity, with direct holdings increasing sharply, but it is minor in relat...

【神舟二十三號｜周日晚11點08分發射升空】 神舟二十三號載人飛船明晚十一點零八分發射升空，三名乘組人員，包括首位港產航天員黎家盈。黎家盈表示一定會全力以赴完成工作，又寄語港青心懷家國、做好自己。 神舟二十三號三位航天員在酒泉衛星發射中心問天閣見記者，第四批航天員，擁有博士學位、43歲的香港警司黎家盈擔任載荷專家，是首次有香港人上太空，也是中國太空站首位女性載荷專家。 神舟二十三號航天員黎家盈說：「作為一名普通的香港人可以加入航天員隊伍，入選本次乘組執行任務，這份機遇彌足珍貴，我一定會全力以赴，完成所有工作，也會肩負起航天員的使命，為祖國、為民族的發展貢獻自己的一份力量，不會辜負香港市民的期望，更加不會辜負祖國的重託。」 中國載人航天工程辦公室介紹，黎家盈於2024年8月入隊，先後完成了八大類、兩百餘項訓練科目，累積1,700多個學時，以優秀成績通過飛行資格評定。被問到有甚麼寄語給香港年輕人，黎家盈這樣回答。 黎家盈指出：「對我來説，從小在香港長大，獅子山精神早已刻在我的心裡，這份逆境自強、永不言棄的信念，與載人航天精神是相通的，正是憑著這份執著與堅持，我才一步一步走到了今天，所以我特別想對香港的青少年說，夢想不遙遠、也不分出身，只要我們心懷家國、熱愛生活，堅持做好自己，一起為香港、為祖國貢獻智慧和力量，我們每個人都可以綻放屬於自己的光彩。」 這位港產航天員亦特別用廣東話答謝。 黎家盈稱：「多謝大家的支持和關心，我會好好加油，大家一起努力，一定會有更好的明天，謝謝。」 曾經參與神舟十六號載人飛船任務的朱楊柱，擔任指令長。他是中國首位擔任指令長的航天飛行工程師，也是中國首位擔任指令長的第三批航天員，他形容黎家盈堅韌、樂觀，很快融入團隊。 神舟二十三號指令長朱楊柱表示：「(黎家盈)作為來自香港的第四批隊友，融入團隊很快，角色的轉換也很快，細心又樂觀，聰慧又堅韌，我們三個人相處十分融洽、不分彼此，我們就像三塊不同的拼圖，拼成了嚴絲合縫的最有力量的整體。」 首次上太空的還包括曾擔任空軍飛行員的張志遠。 神舟二十三號航天員張志遠指：「多元化的搭配是，我們載人航天事業成熟和自信的表現，我最大的期待就是天地一心、乘組一心，完成好各項在軌任務。」 這是中國首個由第三批和第四批航天員構成的乘組，其中一名航天員將執行一年期飛行任務，以實施中國首個太空人體研究計劃，全面獲取航天員更長期飛...

【APEC貿易部長會議閉幕】 亞太經合組織APEC貿易部長會議在蘇州閉幕，發表《蘇州聲明》。商務部部長王文濤稱，會議就貿易、供應鏈等議題達成共識，形容是來之不易。 為期兩天的亞太經合組織APEC貿易部長會議在蘇州閉幕，與會方聯合發表《蘇州聲明》，重申致力推進亞太地區的經濟一體化。 商務部部長王文濤在記者會指，目前國際形勢變亂交織，單邊主義、貿易保護主義抬頭，與會各方仍能就貿易、供應鏈，改革世貿組織等五方面達成共識，形容成果是來之不易。 商務部部長王文濤指出︰「秉持促進貿易和投資自由化、便利化，支持經濟增長和繁榮的初心，深入探討多邊和區域經貿合作，相互促進重要議題，充分證明開放的區域主義和真正的多邊主義是深得人心、相互成就、共同發展，符合各經濟體的根本利益。」 商務部國際司司長林峰提到，數字貿易是近年國際經貿合作的關鍵。會上各方完善了數字貿易政策協同框架，並希望彌補數字鴻溝，將發展盈利惠及更多人民。 商務部國際司司長林峰稱︰「深化數字貿易互聯互通建設，激活貿易新動能，各方同意推動數字基礎設施互聯互通與貿易數字化轉型，希望通過技術聯通與制度聯通，這雙聯來驅動數字貿易提質增效。」 另外，有分出席的會議的商務及經濟發展局局長丘應樺同新西蘭貿易及投資部長，就促進雙邊貿易等議題交換意見。 今年是APEC中國年，10月會在香港舉行財政部長會議，而11月會在深圳舉行領導人非正式會議。 【日本經濟產業大臣稱曾與王文濤短暫交談】 到訪蘇州出席亞太經合組織會議的日本經濟產業大臣赤澤亮正透露，曾與商務部長王文濤短暫交談。 赤澤向記者表示，在周五的晚宴前他走向王文濤與對方短暫交談，他無交代談話內容，稱這是外交交流。 赤澤較早前曾指，若機會合適會跟王文濤討論各種議題。日本當局拒絕回應，是否有向中方提出舉行雙邊會談。 赤澤是日本首相高市早苗，發表涉台言論，中日關係惡化後第二位訪華的日本閣員。 本月中，內閣府特命擔當大臣黃川田仁志，亦藉出席亞太經合組織會議機會到訪上海。 【神舟二十三號｜研適合火星等種植水稻】 神舟二十三號載人飛船將攜帶九項科學實驗到太空站，有望為脂肪肝治療找到新方向，亦會研究日後適合於火星等地方種植的水稻。 央視報道，神二十三將會帶同約54公斤重的樣品及裝置，到中國太空站展開實驗。當中包括為水稻進行「二次播種」。曾在太空站生長的水稻，將它們帶回地球並提取種子，現在再次帶它們「升空...

【山西煤礦爆炸釀90死】 山西長治市沁源縣有煤礦爆炸，死亡人數增至90人。中共總書記、國家主席習近平作出重要指示，要全力救治傷者，查明事故原因，依法嚴肅追責。 發生爆炸的煤礦外，停泊了大量救護車及應急救援車。應急管理部調派6支國家礦山應急救援隊，共340多人到場，救援人員以及專家組討論救援計劃。 央視報道指，爆炸發生後煤礦內有積水，圖則與現場環境不相符，加上部分員工懷疑違規，無帶定位卡，增加救援難度。 事發在周五晚近7時半，山西通洲集團，位於長治市沁源縣的留神峪煤礦發生爆炸。新華社報道，井內監測系統曾顯示一氧化碳濃度超標，礦井內當時有247人。 有自行逃出礦工憶述事發經過。 受傷礦工王勇說：「沒聽到任何聲響，就是出現一股煙，當時聞到和放炮一樣的硫磺味，我就叫人跑，跑的過程當中有被煙嗆到的人，當時我也暈了。後來躺了差不多有一個多小時，我自己醒過來，又提旁邊的人叫起來，一起出井了。」 傷者送到沁源縣人民醫院救治，院方指大部分都是吸入有毒氣體。 沁源縣人民醫院醫生康麗娜指出：「目前我們主要治療方案是採取吸氧、脫水，降顱壓，高壓氧以至心理治療。」 中共總書記、國家主席習近平作出重要指示，強調要全力救治傷者，科學組織搜救，妥善做好善後處置工作，並要查明事故原因，依法嚴肅追責。國務院總理李強作出批示，要全力搜救被困人員、救治傷者，做好善後工作，及時準確發布消息，副總理張國清已趕赴現場指導救援處理工作。 國務院事故調查組指，將較真碰硬開展事故調查，依法依規嚴厲懲處。據報涉事煤礦所屬公司，去年兩度因安全問題被行政處罰，負責人目前已被當局拘捕。 【SpaceX試射新一代星艦重型運載火箭】 美國太空探索技術公司SpaceX，試射新一代星艦重型運載火箭，SpaceX稱大致成功。 美國太空探索技術公司SpaceX，試射的新一代星艦重型運載火箭V3，本港時間周六早上在得州發射升空，約兩分半鐘後，火箭的重型推進器，與載有20枚模擬衛星的飛船部分分離。 在近半小時後，即約一小時飛行的中途，火箭搭載的飛船順利釋放出，一組模擬衛星及兩枚配備攝影機，將用來分析飛船隔熱罩，經過特殊改裝的星鏈衛星。 SpaceX發言人表示，重型推進器未能完成「返航點火」，在失控狀態下迅速跌回地球，並跌落墨西哥灣，指公司本來無計劃回收推進器，但仍希望其能精準返航，又稱飛船當時在太空慣性滑行，但其中一枚引擎發生故障，導致飛行...

For most aging workers, Social Security provides more than just a monthly check. The payout they receive serves as a financial foundation that helps nearly nine out of 10 retired workers make ends meet, according to a quarter-century of annual surveys from Gallup. But for some Social Security beneficiaries, this payout they've come to rely on isn't guaranteed. Since President Donald Trump took office for his second, non-consecutive term on Jan. 20, 2025, he and his administration have enacted several changes to America's leading retirement program. Chief among them are two Social Security garnishments: one already in place and one that appears likely to be reinstated later this year. Trump and his administration have overseen several Social Security changes To preface the following discussion, Social Security is a dynamic program. Changes are made on a near-annual basis to keep up with inflation and other shifting variables. For instance, Social Security beneficiaries were privy to a "Trump bump" this year, with Donald Trump's tariff and trade policy lifting the inflation rate and increasing the program's annual cost-of-living adjustment (COLA) to 2.8%. There's a good chance beneficiaries will enjoy a second consecutive Trump bump in 2027 due to inflationary pressures from the Iran war. On a more direct level, President Trump signed an executive order in March 2025 that established Sept. 30, 2025, as the compliance date to end the issuance of paper checks by the federal government. Electronic payments are deemed safer and more cost-effective for Social Security and its recipients. But perhaps the most eyebrow-raising Social Security change in Trump's second term was the Social Security Administration (SSA) adjusting the overpayment recovery rate that was previously changed under former President Joe Biden. Prior to the COVID-19 pandemic, the overpayment clawback rate was set at 100%. In other words, if the SSA sent you benefits that you weren't owed, and you didn't ...

Key Points Nearly nine out of 10 retired workers rely on their Social Security income to make ends meet. The Trump administration has enacted several Social Security changes since January 2025, including a 500% increase in the overpayment clawback rate. It's not a matter of if but when Social Security recipients who are delinquent on their federal student loans are subject to a 15% involuntary benefit garnishment. The $23,760 Social Security bonus most retirees completely overlook › For most aging workers, Social Security provides more than just a monthly check. The payout they receive serves as a financial foundation that helps nearly nine out of 10 retired workers make ends meet, according to a quarter-century of annual surveys from Gallup. But for some Social Security beneficiaries, this payout they've come to rely on isn't guaranteed. Since President Donald Trump took office for his second, non-consecutive term on Jan. 20, 2025, he and his administration have enacted several changes to America's leading retirement program. Chief among them are two Social Security garnishments: one already in place and one that appears likely to be reinstated later this year. 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 » Trump and his administration have overseen several Social Security changes To preface the following discussion, Social Security is a dynamic program. Changes are made on a near-annual basis to keep up with inflation and other shifting variables. For instance, Social Security beneficiaries were privy to a "Trump bump" this year, with Donald Trump's tariff and trade policy lifting the inflation rate and increasing the program's annual cost-of-living adjustment (COLA) to 2.8%. There's a good chance beneficiaries will enjoy a second consecutive Trump bump in 2027 due to inflationary pressures fro...

美军称对伊朗的海上封锁已使百余艘商船改变航向 2026-05-23 21:24:54 来源： 同花顺7x24快讯 分享 美军中央司令部23日在社交媒体发布声明称，过去6周内，美军对伊朗实施的海上封锁已迫使超过100艘商船改变航向。(新华社)

ozgurdonmaz/iStock Unreleased via Getty Images Apple Inc. ( AAPL ) is coming out of a period where investors had several legitimate worries. Up until a few quarters ago (specifically, before Q1 FY26), iPhone growth looked mature, especially given the lack of new AI features in the iPhone 17 and the stagnant situation in China. In my view, the latest numbers (Q1 and Q2 FY26) complicate the bear case on Apple. In Q2 FY2026, Apple reported revenue of $111.2 billion, up 17%, with EPS up 22% to $2.01. Notably, iPhone revenue rose 22% to roughly $57 billion, with Greater China growing by 28% yoy. Based on management's guidance for the next quarter (14% to 17% revenue growth), and despite some supply constraints that I discuss in this piece, the growth momentum doesn't seem to take a pause. That said, revenue growth is not the only metric going up. The valuation of the company is now sitting at 35x forward earnings, which makes Apple the most expensive stock in the Mag 7 (ex-Tesla, for the obvious reasons ). Overall, I reiterate my buy rating on the stock, although I admit it is quite conditional on the news that will come out during the WWDC26 event. Any pivot in their AI strategy will lead me to a downgrade. I discuss this more below. The iPhone 17 Upgrade Cycle It seems that the Q1 FY26 spike in iPhone sales wasn’t a one-off event. Q2 FY2026 iPhone revenue was $56.99 billion, up 21.7% yoy. Author Compilation So far, the iPhone 17 family is Apple’s most popular lineup in history from launch through the March quarter. Bare in mind that this outperformance is despite the lack of a revamped Siri, a topic I will discuss in just a moment. Overall, I can’t wrap my head around what is driving the iPhone 17 outperformance. In the September debut , Apple highlighted ProMotion, better scratch resistance, all-day battery, A19 performance, a 48MP camera system, and a Center Stage front camera for calls, selfies, and dual capture. Again, I can’t identify which of these features is so...

Bilanol/iStock via Getty Images US residential solar energy solutions developer Sunrun Inc. ( RUN ) recently reported Q1 2026 results, with revenue up 43.23% (YoY). The company is making a big push into battery storage, but negative cash flow and tariffs also impacted the quarterly earnings. While the aggregate subscriber value rose above its guidance range to $1.1 billion, it represented an 8.33% (YoY) decline from $1.2 billion recorded in the prior year. I will explain why I am rating this stock as a hold despite its higher debt-to-equity value analysis, as it will be seen herein. Further, I expect Sunrun’s focus on high-margin solar installations and cash generation will continue to strengthen the company’s balance sheet in 2026 and beyond. RUN is up 35.51% (YoY) but is down 2% (over the last 9 months). The company was able to overcome the shock of the expiration of the solar tax credit (25D) that affected some of the company’s affiliate partners and competitors. For instance, in its Q1 2026 earnings release, Enphase Energy stated that the 23% (QoQ) revenue decline in the US was due to the “expiration of the federal residential clean energy tax credit under Section 25D of the Internal Revenue Code and seasonality.” On its part, Sunrun associates most of its origination volume in 2026 from subscriptions with net subscriber value up 14.46% (YoY) at $11,892, while the average subscriber value grew 17.3% (YoY) to $61,240. The company’s direct business entails the use of commercial tax credits (Section 48) that still remain active, leases, or power purchase agreements (PPAs) that lower installation costs for customers. The idea of offering solar-as-a-service (SAAS) will continue to help Sunrun as it does not manufacture or produce the solar panels, thereby allowing the company to focus on high-margin installations. Interest rates and electricity prices That said, interest rates will continue to be a key feature in Sunrun’s business structure, with high rates expected ...

master1305/iStock via Getty Images When I initiated coverage for Coherent ( COHR ) in February, the Buy thesis was centered around the durability and profitability of the AI optical networking breakout. Valuations had seemed a little high, but growing data center exposure, improving margins and an expanding indium phosphide capacity demanded a constructive (though cautious) stance. The thesis has aged well with Coherent showing a total return of ~65% since the Buy call. The pace of rerating has challenged the cautious stance I had in February - in fact a major part of the rally has been all rerating rather than aggressive earnings revisions (forward EV to EBITDA has grown by around ~60%, matching the price surge, from ~27x in February to ~45x now). Data by YCharts The primary reason behind this rerating is what now appears to be a transition away from a traditional cyclical optical supplier profile toward a more strategic AI infrastructure enabler - and this positioning-based rerating has happened across the board for optical infrastructure. If ~28x forward EBITDA looked expensive in February, the current valuations should be viewed as prohibitive, especially if not backed by commensurate earnings expectations. But the story now is more nuanced. The current valuations do put brakes on the speed of return expectations from here, but they look supported by more confidence around the demand duration. Q3 revenue growth was reported at ~27%, up from ~22% in Q2 (time of my February thesis), while EPS growth accelerated from ~35% to ~55%. Data centers now account for ~75% of total revenue, compared to ~72% previously. So the operational progress has not been lost. More importantly, visibility has improved significantly with backlog strengthening further, orders now extending into calendar year 2028 and long term agreements stretching through the end of the decade. Adding further ramp impetus in 6-inch indium phosphide and new layers of the AI infrastructure ecosystem, the ...

格隆汇5月23日｜伊朗外交部发言人：美国的“海盗行为”（海上封锁）是一个重要问题，但结束包括黎巴嫩在内的战争是我们的首要任务。

Trump Speaks With Qatar Emir As Pakistani-Led Iran Peace Push Intensifies US-Iran de-escalation hopes drove crude oil and rates lower and put a bid in equities by the end of Friday's trading day, amid speculation that President Trump would stay at the White House over Memorial Day weekend instead of attending Donald Trump Jr. and Bettina Anderson’s wedding celebrations in the Bahamas. "As Iran/oil/rates pressure eased on de-escalation hopes, leadership rotated toward small caps, equal weight, housing, transports, discretionary, and selective defensive growth, with short covering in high short-interest/profitless tech and consumer cyclicals reinforcing the catch-up trade," UBS analyst Torsten Sippel wrote in a note to clients late Friday. Early Saturday morning, Bloomberg reports that President Trump held a phone call with Qatar's Emir Sheikh Tamim bin Hamad Al Thani, regarding Pakistani-led efforts to de-escalate Gulf tensions and preserve the fragile US-Iran ceasefire. Iran's top negotiator and Parliament Speaker Mohammad Bagher Ghalibaf met Pakistani Army Chief Asim Munir in Tehran earlier today amid ongoing diplomatic efforts to bring the US and Iran to a peace deal, Reuters reported, citing Iranian state media. Ghalibaf told Munir that Iran's Armed Forces "have rebuilt themselves during the cease-fire in such a way that if Trump foolishly restarts the war, they will definitely be more crushing and bitter for the U.S. than on the first day of the war." The Iranian top negotiator also said, "We will not compromise on the rights of our nation and country." There was a series of headlines from Sky News Arabia, citing sources, indicating that a major push for regional diplomacy was underway earlier today, with officials from Iraq, Oman, Jordan, and Qatar working to mediate with Tehran to avert another flare-up in the conflict. Sky News Arabia sources said Pakistan’s mediator helped break the deadlock over the Iranian nuclear file, though several major issues remain u...

格隆汇5月23日｜据沙特阿拉伯阿拉比亚电视台，外交消息人士称， 伊朗向巴基斯坦调解人提出了两个提议。一是提议重新开放霍尔木兹海峡，以换取美国向伊朗支付赔偿。二是要求在签署任何协议之前讨论制裁和被冻结的资金问题。

格隆汇5月23日｜据中新网，近日，浙江杭州，云深处科技的行业级小型轮足机器人山猫S10亮相。据了解，该机器人以不到20千克的自重、16个高精度关节、全向感知系统、自主路径规划等性能，可在巡检巡逻、侦察搜救、户外探险等复杂环境空间内智能作业，四足机器人领域再次迎来新锐入局。

格隆汇5月23日｜据中新网，“2026北京直播电商购物月”23日在北京市丰台区正式启幕。本届购物月联动美团、京东、抖音、快手、淘天等头部电商平台，覆盖618大促周期，推出满减、秒杀、消费券、分期免息、假一赔十等多重福利，全品类低价惠民。线下多品牌同步发力，菜百、潘家园、学而思等开展线上直播+线下促销，200余家品牌企业参与，老字号焕新、国潮出圈、新品首发、溯源直播多点开花。

Key Points Sold 222,388 shares of monday.com, with an estimated trade value of $21.34 million based on the average price during the quarter Net position value decreased by $32.82 million, reflecting both the share sale and stock price changes Transaction equaled 1.74% of Strategy Capital's 13F reportable assets under management Post-trade, the fund holds zero shares, down from a previous stake that represented 2.4% of AUM as of the prior quarter The exit removes monday.com from the fund’s portfolio, which now totals 11 disclosed positions 10 stocks we like better than Monday.com › On May 14, 2026, Strategy Capital LLC disclosed in an SEC filing that it sold out of monday.com (NASDAQ:MNDY), liquidating 222,388 shares in a transaction estimated at $21.34 million based on quarterly average pricing. Sold 222,388 shares of monday.com, with an estimated trade value of $21.34 million based on the average price during the quarter Net position value decreased by $32.82 million, reflecting both the share sale and stock price changes Transaction equaled 1.74% of Strategy Capital's 13F reportable assets under management Post-trade, the fund holds zero shares, down from a previous stake that represented 2.4% of AUM as of the prior quarter The exit removes monday.com from the fund’s portfolio, which now totals 11 disclosed positions What happened According to a filing with the U.S. Securities and Exchange Commission dated May 14, 2026, Strategy Capital LLC sold its entire holding of 222,388 shares in monday.com during the first quarter. The estimated transaction value was $21.34 million, calculated using the average share price for the period. The fund reported no shares of MNDY at quarter-end. What else to know The fund's exit from monday.com resulted in the position dropping from 2.4% of AUM in the prior quarter to none after the trade (post-trade monday.com stake: 0% of AUM) Top five holdings after the filing: NYSE:NET: $234.94 million (19.2% of AUM) NASDAQ:SHOP: $195.72 milli...

There's a big downside to saving for retirement in a traditional IRA or 401(k): These accounts eventually force retirees to take required minimum distributions, or RMDs. If you don't like the idea of that, you may be considering a Roth conversion. With a Roth conversion, you move money from a traditional retirement account into a Roth IRA. From that point onward, your money gets to grow tax-free, you don't pay taxes on withdrawals, and you won't have to take RMDs. Roth conversions can be a smart strategy for a lot of people. But that doesn't guarantee they make sense for you. Here are three signs that they may be the wrong move. 1. You expect to be in a lower tax bracket in retirement One of the biggest reasons to do a Roth conversion is to enjoy tax-free withdrawals at a time when your income and tax bracket may be higher. But if you expect your income and tax bracket to be lower in retirement, a Roth conversion doesn't make sense. Your goal should be to pay the least amount of tax on your savings. If a Roth conversion doesn't make sense for you, it doesn't do you much good. 2. Your conversion could trigger a huge tax bill When you do a Roth conversion, it's a taxable event. Any money you move from a traditional retirement account to a Roth IRA is taxed that same year. But if you don't have an opportunity to do a Roth conversion when your income is low, you could end up paying a lot of taxes on that money due to your conversion being taxed at a higher rate. So, for example, if you work full-time right up until RMD age, you may not have a good opportunity to do a conversion. 3. You want to be charitable in retirement It may be that you have enough income in retirement that you don't need your savings to live on. A combination of a generous pension and Social Security, for example, might cover your bills fully. In a situation like that, you may decide to donate your retirement savings to charity. And if you do, a Roth conversion doesn't pay. If you have money in a tr...

Uber Technologies Inc. proposed buying Delivery Hero SE for €33 ($38) a share, the German company said on Saturday. The statement confirmed a Bloomberg report on Friday about Uber’s takeover interest, as well as a Saturday report in the Financial Times on the offer price. Delivery Hero “remains fully focused on executing its strategic review process,” the Berlin-based company said in a statement, adding that it will provide further updates “as required or appropriate.” The FT also reported that Uber and DoorDash Inc. have each held talks with investors about acquiring their stakes in Delivery Hero, moves that could set the stage for a potential takeover battle for the food-delivery company. Delivery Hero rebuffed the €33 a share ballpark, the FT said, adding that several investors signaled they would seek a price above €40 a share. Interest in Delivery Hero has intensified after Uber’s disclosure this week that it owns close to 20% of the company after purchasing additional shares and instruments, adding to a rally that has seen the shares climb almost 50% this year. Uber also revealed an additional 5.6% exposure through options in Delivery Hero. Morgan Stanley has helped the ride-hailing company to rapidly build its stake using derivatives, people familiar told Bloomberg. San Francisco-based Uber is exploring options for a full takeover as it seeks to better compete with DoorDash outside the US, Bloomberg reported on Friday. Uber said earlier in the week that it “currently” had no intention to lift its stake to 30% or more, a threshold that would trigger a mandatory public tender offer under German takeover law, though it noted that it regularly reviews investment opportunities and could increase its holdings if conditions warrant. The company may also require antitrust approval before crossing certain ownership thresholds, one of the people told Bloomberg. Deliberations are ongoing and there’s no certainty they will lead to a deal, the people said. Delivery Hero h...

Emma Raducanu is hopeful her health problems are behind her as she prepares for her opening match at the French Open on Sunday. The British No 1 takes on Argentina’s Solana Sierra in the first round for her second match since March after two-and-a-half months out with a post-viral illness. She lost a close contest with Diane Parry in her opening match in Strasbourg this week, but being healthy again is the most important thing for the 23-year-old. “I feel a lot better,” she said. “I thought I’d completely flipped it. There’s just been a little bit of a lingering cough. But I feel, health-wise, really good. I played a really positive match in Strasbourg in the sense it was over two hours and physically I pulled up really well.” Raducanu’s absence meant she dropped out of the top 32 and is therefore unseeded in Paris. She avoided the big names, but the 21-year-old Sierra, who is ranked 64th, is at home on clay, while she made a surprise run to the fourth round of Wimbledon last year. Raducanu said: “It’s going to be a really tricky first round, especially coming in light on matches, but I’m just proud of how I’m approaching every day, proud of the work I’m putting in. “I know I’m going to have to play really good tennis and be aggressive. The conditions are pretty lively in the practice days, as the weather is hot, but that could be a good thing.” View image in fullscreen Cameron Norrie has revealed he is struggling with a rib injury. Photograph: Allstar Picture Library Ltd/Neal Simpson/Apl/Sportsphoto With Jack Draper sidelined through injury, Cameron Norrie appeared to be the best hope of a deep British run, but the 20th seed revealed he is struggling with a rib injury. “I haven’t been able to hit since I’ve arrived here, so just been enjoying Paris and resting,” he said. “But I think I needed the rest, so maybe it’s a good thing. I really know I’m feeling the ball well. Luckily, I’m scheduled on Tuesday so I have some time to recover. Hopefully I can be good to pla...

The Tesla (TSLA +1.95%) robotaxi rollout has not exactly gone smoothly. Recent reports and user demonstrations have shown some Tesla robotaxis struggling with basic navigation, requiring remote operator intervention -- which in two instances led to low-speed crashes in Austin, Texas -- and in at least one case taking a dramatically inefficient route in Dallas that turned a short trip into an ordeal. That doesn't sound particularly reassuring. But for investors, the bigger question is whether these problems actually change the outlook for Tesla stock. The answer? Probably not -- at least not yet. Beginning stages The reality is that nearly every disruptive technology looked messy in its early stages. Early smartphones had poor battery life and unreliable software. Early electric vehicles had limited range and almost no charging infrastructure. Today's AI systems still hallucinate information regularly, despite trillions of dollars now flowing into the sector. Self-driving taxis are unlikely to be any different. The truth is, Tesla is attempting something far more ambitious than simply launching a ride-hailing service. The company is trying to build a scalable autonomous transportation platform powered primarily through vision-based AI instead of expensive lidar-heavy systems used by competitors like Waymo, whose vehicles reportedly cost well over $120,000. This isn't trivial, because the valuation implications here could be enormous if Tesla succeeds. Perhaps $1 trillion up for grabs Wedbush analyst Dan Ives has estimated that Tesla's AI and autonomous-driving opportunity could eventually be worth more than $1 trillion. Ark Invest has gone even further, arguing that robotaxis could eventually represent roughly 90% of Tesla's enterprise value by 2029 as the global autonomous ride-hailing market potentially grows toward $10 trillion. Put simply, Tesla's long-term upside is no longer tied solely to how many cars it sells. The market is increasingly valuing the company b...

Key Points Early autonomous driving failures may simply reflect technological growing pains. Tesla’s robotaxi rollout remains messy, but the long-term opportunity remains enormous. These 10 stocks could mint the next wave of millionaires › The Tesla (NASDAQ: TSLA) robotaxi rollout has not exactly gone smoothly. Recent reports and user demonstrations have shown some Tesla robotaxis struggling with basic navigation, requiring remote operator intervention -- which in two instances led to low-speed crashes in Austin, Texas -- and in at least one case taking a dramatically inefficient route in Dallas that turned a short trip into an ordeal. 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 » That doesn't sound particularly reassuring. But for investors, the bigger question is whether these problems actually change the outlook for Tesla stock. The answer? Probably not -- at least not yet. Beginning stages The reality is that nearly every disruptive technology looked messy in its early stages. Early smartphones had poor battery life and unreliable software. Early electric vehicles had limited range and almost no charging infrastructure. Today's AI systems still hallucinate information regularly, despite trillions of dollars now flowing into the sector. Self-driving taxis are unlikely to be any different. The truth is, Tesla is attempting something far more ambitious than simply launching a ride-hailing service. The company is trying to build a scalable autonomous transportation platform powered primarily through vision-based AI instead of expensive lidar-heavy systems used by competitors like Waymo, whose vehicles reportedly cost well over $120,000. This isn't trivial, because the valuation implications here could be enormous if Tesla succeeds. Perhaps $1 trillion up for grabs Wedbush analyst Dan Ives has es...

Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Microsoft (NasdaqGS:MSFT) is reportedly in advanced talks to supply its custom Maia AI chips to Anthropic. The discussions would mark the first major external deployment of Microsoft’s Maia hardware with a leading AI model provider. The potential agreement signals a direct competitive move against cloud providers that rely on in-house or third-party AI chips. For investors watching NasdaqGS:MSFT, this potential Maia rollout sits at the intersection of cloud services, AI infrastructure, and large language model deployment. Microsoft has been building its AI stack across software, models, and data centers, and custom chips are a key piece in efforts to control costs and performance for generative AI workloads. Anthropic’s role as a high profile model developer makes the discussions especially relevant for how AI infrastructure partnerships might be structured. If Microsoft finalizes a Maia supply deal with Anthropic, it could broaden how the company positions its cloud offering to AI customers that want alternatives to third party GPUs. The outcome of these talks may influence how other model providers compare major clouds on hardware choice, pricing flexibility, and long term support for training and inference at scale. Stay updated on the most important news stories for Microsoft by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Microsoft. NasdaqGS:MSFT Earnings & Revenue Growth as at May 2026 📰 Beyond the headline: 1 risk and 5 things going right for Microsoft that every investor should see. Talks to supply Maia chips to Anthropic sit squarely in Microsoft’s push to control more of the AI stack rather than just renting out third party GPUs. If Anthropic, which already works with Amazon and Google, starts training or running Claude models on Maia, it would give Mi...