Earnings Call Insights: Kingstone Companies, Inc. (KINS) Q4 2025 Management View Meryl Golden, President and CEO, reported "our most profitable quarter and year in Kingstone's history," highlighting net income of $14.8 million, diluted earnings per share of $1.03, a GAAP net combined ratio of 64.2%, and an annualized return on equity of 51% for the fourth quarter. For the full year, net income mor...
Earnings Call Insights: Kingstone Companies, Inc. (KINS) Q4 2025 Management View Meryl Golden, President and CEO, reported "our most profitable quarter and year in Kingstone's history," highlighting net income of $14.8 million, diluted earnings per share of $1.03, a GAAP net combined ratio of 64.2%, and an annualized return on equity of 51% for the fourth quarter. For the full year, net income more than doubled to $40.8 million, and diluted earnings per share increased 95% to $2.88. Golden noted, "from year-end 2023 to year-end 2025, we grew direct premiums written 39%, while improving our combined ratio by 30 points," emphasizing the structural nature of these improvements and the effectiveness of the Select product, which now represents 57% of policies in force. The CEO announced Kingstone's entry into California in Q2 2026 on an excess and surplus lines basis, calling it "one of the largest homeowners markets with $15 billion in written premium," and stating that the initial contribution will be "less than 5% of our '26 premium." Golden established a five-year goal: "a 5-year goal of $500 million in direct premiums written by year-end 2029." Guidance changes and a strategic shift to using the underlying combined ratio as the primary operating lens were introduced, with Golden explaining, "we're introducing the underlying combined ratio, which excludes catastrophe losses and prior year reserve development as our primary operating lens." Randy Patten, CFO, stated, "the fourth quarter was our most profitable quarter in the company's history and our ninth consecutive quarter of profitability," reporting net income of $14.8 million and noting, "for the 2026 treaty year, we have further reduced our quota share cession from 16% to 5%, reflecting continued confidence in the quality of our underwriting portfolio and capital position to support our growth." Outlook Guidance for fiscal year 2026 includes direct premiums written growth of 16% to 20%, an underlying combined r...
Earnings estimates for Qualcomm IncorporatedQCOM for fiscal 2026 and fiscal 2027 have declined 7.3% and 8.4%, respectively, to $11.20 and $11.45 per share over the past 60 days. The negative estimate revision depicts bearish sentiments about the stock’s growth potential. Image Source: Zacks Investment Research What Ails QCOM? The continued U.S.-China trade spat has dented Qualcomm’s growth potenti...
Earnings estimates for Qualcomm IncorporatedQCOM for fiscal 2026 and fiscal 2027 have declined 7.3% and 8.4%, respectively, to $11.20 and $11.45 per share over the past 60 days. The negative estimate revision depicts bearish sentiments about the stock’s growth potential. Image Source: Zacks Investment Research What Ails QCOM? The continued U.S.-China trade spat has dented Qualcomm’s growth potential. The chip-making firm has a significant presence in more than 12 cities in China, aiming to drive advancements in semiconductors and mobile telecommunications for the larger benefit. The company has been a key supplier of chips and other related components to local smartphone manufacturers like Xiaomi, Huawei and its spin-off brand Honor. However, it appears that Qualcomm is increasingly finding it difficult to maintain its operations in China. The U.S. Commerce Department has long imposed various trade restrictions on China, including bans on the sale of high-tech equipment, chips, components and related technologies used to develop high-end smartphones and AI-enabled chips. As Washington tightens trade restrictions, Beijing has intensified its push for self-sufficiency in critical industries. This shift poses a dual challenge for QCOM, as it faces potential market restrictions and increased competition from domestic chipmakers. In addition, weaker spending across consumer and enterprise markets, especially in China, led to higher customer inventory levels. Demand Softness Hurts QCOM Qualcomm is expected to face softness in demand in the near term. For the second quarter of fiscal 2026, Qualcomm expects GAAP revenues of $10.2-$11 billion with constrained handset revenues of about $6 billion, due to reduced chip orders and near-term uncertainty in memory supply and pricing for handset OEMs. In addition, OEMs based in the communist nation are largely pulling back on new 4G device orders and managing their inventory in advance for the transition to 5G. Consequently, Qualco...
watch now VIDEO 3:39 03:39 NEC Director Kevin Hassett: This economy is moving the fastest we've ever seen Squawk on the Street A difficult jobs report comes at a tough time for the White House. Gas prices are rising over the war in Iran, while stock market turmoil is making savers and retirees antsy about the state of their 401(k)s. Data Friday showing a loss of 92,000 jobs in February will put pr...
watch now VIDEO 3:39 03:39 NEC Director Kevin Hassett: This economy is moving the fastest we've ever seen Squawk on the Street A difficult jobs report comes at a tough time for the White House. Gas prices are rising over the war in Iran, while stock market turmoil is making savers and retirees antsy about the state of their 401(k)s. Data Friday showing a loss of 92,000 jobs in February will put pressure on the Trump administration to reconsider military and homeland security policies that have complicated the nation's economic outlook. But there may simply not be enough time to force through a substantial policy shift that could improve the economic outlook before the November midterms . The state of the economy is mixed. The unemployment rate rose to 4.4% in February, reversing a decline from the month before. That rate is still low in historical terms. Meanwhile wages rose 3.8% since the year before, helping to reverse workers' losses in purchasing power from high inflation under the Biden administration. The rosy-tinted view of this report its it shows an economy in rough stasis, with good prospects for improvement. Healthy businesses don't need to expand now because they are becoming more productive, and they aren't conducting mass layoffs. And with a crackdown on illegal immigration well underway, it is no surprise that a good number of people are leaving the workforce. "You can have strong output and not really, you know, magnificent job growth, if there's a big gain of productivity," Kevin Hassett, top White House economic advisor, said on CNBC's Squawk Box on Friday. Read more CNBC politics coverage Iran foreign minister: Not seeking ceasefire, warns U.S. invasion would be ‘big disaster for them’ Epstein files: DOJ plans to release new batch of documents ‘fairly soon,’ MS NOW reports Sen. Merkley proposes prediction market ban for government officials after Maduro, Iran bets But that high-level message might not land well for people who have watched gas pric...
See what On Holding’s Q4 2025 results revealed before FY 2026 guidance, and why analysts still see upside based on targets, support levels, and demand trends.
See what On Holding’s Q4 2025 results revealed before FY 2026 guidance, and why analysts still see upside based on targets, support levels, and demand trends.
BalkansCat/iStock Editorial via Getty Images Introduction The last time I covered HP Inc. ( HPQ ), I called them a “Severely Mispriced Cash Flow Powerhouse,” upgrading them to a Strong Buy while highlighting their strong cash flow, clear undervaluation and cost savings while adapting to the near- and medium-term macro pressure. With the price getting more attractive despite a solid report recently...
BalkansCat/iStock Editorial via Getty Images Introduction The last time I covered HP Inc. ( HPQ ), I called them a “Severely Mispriced Cash Flow Powerhouse,” upgrading them to a Strong Buy while highlighting their strong cash flow, clear undervaluation and cost savings while adapting to the near- and medium-term macro pressure. With the price getting more attractive despite a solid report recently, the yield and upside potential are even more impressive now, with HPQ remaining in a very solid position to take advantage of a recovery in the industry once the current headwinds are over. Internal Developments HP Inc. IR Although outweighed by their mixed outlook, HPQ reported a strong Q1’FY26, with a 6.9% increase in revenue, as the strong 11.1% growth in personal systems significantly offsetting the 2.2% drop in printing, while the Non-GAAP operating margin also stood at 6.9%. HPQ remains on track to meet the $1 billion gross annualized run rate savings by the end of FY28 announced recently, although given the ongoing CEO transition, I'd wait to see an update about the new CEO's plans during their Investor Day, which was delayed from April following the sudden CEO change. HP Inc. IR As for their FY26 outlook, HPQ continues to see about $2.8 billion to $3 billion in FCF (expected to be at the low end of the range), while expecting their revenue to grow faster than the market and moderating in the second half of the fiscal year, advancing on the cost savings I mentioned before and proving to be quite resilient despite the ongoing hardware supply-demand pressure. HP Inc. IR Financially, based on HPQ’s latest report , we continue to see an overall solid position, with current assets below current liabilities due to how the business operates, while the $8.84 billion in debt remains manageable and well-spread over a long period, while they still have about $3.15 billion worth of cash and cash equivalents, providing some financial flexibility if needed. HP Inc. IR As mention...
Federal Reserve Bank of Chicago President Austan Goolsbee calls the employment report a "tough miss" and says it would be a concern if the US sees several months of similar jobs data during an interview with Mike McKee. (Source: Bloomberg)
Federal Reserve Bank of Chicago President Austan Goolsbee calls the employment report a "tough miss" and says it would be a concern if the US sees several months of similar jobs data during an interview with Mike McKee. (Source: Bloomberg)
Following an extensive nomination process, Asia Business Law Journal unveils the A-List of Taiwan’s top 100 lawyers plus 15 Legal Icons. Byung Jin Park reports View the A-List Taiwan’s technology-driven economy is generating new opportunities for local law firms. The island plays a central role in the global semiconductor supply chain, accounting for more than 60% of global foundry revenue, and is...
Following an extensive nomination process, Asia Business Law Journal unveils the A-List of Taiwan’s top 100 lawyers plus 15 Legal Icons. Byung Jin Park reports View the A-List Taiwan’s technology-driven economy is generating new opportunities for local law firms. The island plays a central role in the global semiconductor supply chain, accounting for more than 60% of global foundry revenue, and is home to Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker. In January 2026, TSMC announced that it forecasts capital expenditure of USD52 billion to USD56 billion in 2026, an increase of as much as 36.9% compared with last year’s USD40.9 billion. As investment expands, advisory work related to the semiconductor supply chain – ranging from commercial contracts and regulatory compliance to overseas investment matters – is set to become a source of revenue for local law firms. The macroeconomy is on the rise. Taiwan’s exports reached USD640.75 billion in 2025, up 34.9% from the previous year. The Ministry of Finance attributed the surge to robust global demand for artificial intelligence applications, high-performance computing and cloud services, trends that are driving demand for specialised legal advice. Confidence is reflected in economic forecasts as well. The Chung-Hua Institution for Economic Research (CIER) projected in January that Taiwan’s economy will grow 4.14% in 2026, an upward revision of 1.59 percentage points from October 2025. “Improved US policy clarity has already bolstered sentiment towards Taiwan’s technology sector,” said CIER president Lien Hsien-ming. With trade negotiations between the US and Taiwan recently concluded, inbound foreign direct investment from the US and its multinational companies is expected to increase. Law firms will play an active role in areas such as foreign investment regulation, merger control reviews and cross-border M&A advisory work. Against this backdrop, Asia Business Law Journal pro...
alfexe/iStock via Getty Images I wrote about Teradyne ( TER ) before . At the time, I pointed to the AI compute and networking as segments driving revenue growth, while also functioning as margin expanders. At the time, my chart analysis pointed towards a breakout on the back of this underlying trend. That setup worked very well, with the stock re-rating massively and never looking back. TradingVi...
alfexe/iStock via Getty Images I wrote about Teradyne ( TER ) before . At the time, I pointed to the AI compute and networking as segments driving revenue growth, while also functioning as margin expanders. At the time, my chart analysis pointed towards a breakout on the back of this underlying trend. That setup worked very well, with the stock re-rating massively and never looking back. TradingViews Several months later, the stock still seems to be discounting the company's earning power trajectory. The company went from a cycle business to AI infra leverage in a hurry. This is the market realizing the company is no longer a mobile seasonality story, and it is becoming a "test and automation" layer in the AI infra buildout. Where Is The Revenue Coming From? A look at the revenue shows us that AI compute is becoming the center of the business. In the past, the company was highly dependent on mobile phones, and the underlying cycle. That was how the market saw the company in that long sideways range. The market was still seeing the observable baggage: cyclical ATE and lumpiness in the customer spending. And rightly so, test markets are concentrated and there is a limited number of clients driving purchases. That is exactly the kind of setup where Wyckoff's "composite operator" can accumulate without the stock going anywhere. Lots of supply to absorb with no consensus on a new narrative. However, that is changing . The company is now a bet on AI CapEx, thanks to the growth in compute product revenue going from $109M in 2023 to $753 in 2025. That's a tectonic shift in the business model and led the change in perception around the stock. Teradyne Teradyne handed the market further proof. With Sales around $1.08 billion, operating profit 29% higher, and the company disclosing "over 60% AI-driven revenue" the skepticism just disappeared. The Strategy That Makes The Model Work The latest releases show that AI has become the main growth driver for the company. In this segme...
Companies competing for workers to build data centers are finding that a motel room with sluggish Wi-Fi isn’t much of a draw. Try free steaks and golf simulators. As data-center development has exploded with the rise of artificial intelligence, competition for water and power supplies is pushing construction further into rural areas that often lack the housing and infrastructure to support the hun...
Companies competing for workers to build data centers are finding that a motel room with sluggish Wi-Fi isn’t much of a draw. Try free steaks and golf simulators. As data-center development has exploded with the rise of artificial intelligence, competition for water and power supplies is pushing construction further into rural areas that often lack the housing and infrastructure to support the hundreds or thousands of temporary workers needed to build hulking warehouses of computer servers. That’s forcing developers to increasingly lean on a stopgap solution that was popularized during the shale-oil boom of the 2010s: sprawling temporary villages known as man camps. These temporary housing villages can vary from wood-framed two-story apartment buildings to containerized modular homes or trailer parks supplied with electricity and water. But to lure in-demand electricians, welders and pipefitters, developers are going the extra mile and offering game rooms, rib eyes and shuttle rides to work. That’s fueling a lucrative niche for companies including Target Hospitality Corp. and Civeo Corp. that specialize in mobile housing. It’s effectively a back-door play for a share of what Bloomberg Intelligence estimates is $700 billion of projects in the planning stage and another $160 billion already underway throughout the US. “It’s the largest, most actionable pipeline I’ve seen,” said Troy Schrenk , the chief commercial officer at Target Hospitality, which is building “workplace hubs” — its preferred term over the more colloquial man camps — in Texas and Nevada. The sites aren’t the epitome of luxury, but they sure beat what Schrenk calls “Hotel F-250” — sleeping in a vehicle and spending a per-diem allowance on food. Typically, the construction companies that work with Target Hospitality offer housing, meals and amenities to their employees for free as long as they’re working. It’s an additional lure for tradespeople already enjoying significant pay hikes — with some data-c...
"All I said was we've obviously had an incident here, we've got a problem with cohesion in our cities - I didn't go any further than that but I said I can see from the photographs that is the profile of the individual."
"All I said was we've obviously had an incident here, we've got a problem with cohesion in our cities - I didn't go any further than that but I said I can see from the photographs that is the profile of the individual."
Corn prices are up 2 to 5 cents so far on the last session of the week. Crude oil is up another $5.32 on Friday morning to provide some more spillover support. Futures closed out Thursday trade with most contracts 6 to 9 ¾ cents higher. Some deferred contracts were steady to 4 ¾ cents in the green. Open interest suggested net new buying, up 45,500 contracts on Thursday. There were 5 deliveries aga...
Corn prices are up 2 to 5 cents so far on the last session of the week. Crude oil is up another $5.32 on Friday morning to provide some more spillover support. Futures closed out Thursday trade with most contracts 6 to 9 ¾ cents higher. Some deferred contracts were steady to 4 ¾ cents in the green. Open interest suggested net new buying, up 45,500 contracts on Thursday. There were 5 deliveries against March corn futures overnight. Excellent Export Sales data and a crude oil market rallying $4.23 provided some support. The CmdtyView national average Cash Corn price was up 9 1/2 cents to $4.12 3/4. Export Sales data for the week of February 26 from this morning showed 2.02 MMT in old crop corn sales. That was nearly triple the previous week and more than double the same week last year. South Korea was the top buyer of 530,300 MT, with 225,000 MT sold to Colombia, and 224,700 MT to Mexico. New crop business was tallied at 154,000 MT, all to Japan. Don’t Miss a Day: Brazil trade data was released this morning, with February corn exports at 1.55 MMT, up 9.34% from last year but well below the January total. The Buenos Aires Grain Exchange estimates the Argentina early corn crop at 7.2% harvested, with the crop estimate still at 57 MMT. Statistics Canada acreage intentions for this year showed corn acres at 3.846 million acres, up 1.7% from a year ago if realized. Mar 26 Corn closed at $4.41 1/2, up 9 3/4 cents, currently up 5 1/4 cents Nearby Cash was $4.12 3/4, up 9 1/2 cents, May 26 Corn closed at $4.53 1/2, up 9 3/4 cents, currently up 4 cents Jul 26 Corn closed at $4.62 3/4, up 9 1/4 cents, currently up 4 cents More news from Barchart The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Soybeans are trading with 7 to 11 cent gains so far on Friday morning. Crude oil continues to provide some more spillover support, up another $5.32 on Friday morning. Bean futures were higher on Thursday led by the bean oil market, as the raw beans were up 3 to 9 ¾ cents at the close, led by the nearbys. Open interest rose 7,487 contracts. There were 9 deliveries against March beans overnight. The...
Soybeans are trading with 7 to 11 cent gains so far on Friday morning. Crude oil continues to provide some more spillover support, up another $5.32 on Friday morning. Bean futures were higher on Thursday led by the bean oil market, as the raw beans were up 3 to 9 ¾ cents at the close, led by the nearbys. Open interest rose 7,487 contracts. There were 9 deliveries against March beans overnight. The cmdtyView national average Cash Bean price was up 9 3/4 cents at $11.05 1/2. Soymeal futures were 50 cents to $2.40 lower on the day, with Soy Oil futures 67 to 223 points higher in the front months. There were another 50 deliveries against March soy meal overnight with 71 for bean oil. Ahead of the Trump/Xi meeting later in March, Secretary Bessent has indicated he looking for China to expand purchases of US soybeans, accord to a WSJ article. Don’t Miss a Day: The weekly Export Sales report from USDA showed 383,492 MT of soybeans sold in the week of 2/26. That was down 5.8% from the previous week, but 31.11% above the same week last year. China was the buyer of 153,100 MT, with 133,000 MT switched from unknown, as 133,000 MT was sold to the Netherlands and 110,400 MT to Egypt. Soybean meal sales were pegged at 255,760 MT, sneaking into the range of 200,000-550,000 MT estimates. Bean oil sales were tallied at 7,662 MT, which was in the middle of the estimates ranging from net reductions of 20,000 MT to net sales of 26,000 MT. Brazil’s soybean crop is estimated at 183.1 MMT according to AgroConsult, up 0.85 MMT from their previous number. February exports out of Brazil were tallied at 7.113 MMT, more than triple January and 10.66% above Feb 2025. Soybeans in Argentina are estimated at 30% good/excellent according to the Buenos Aires Grains Exchange, up just 1 percentage point from last week. Statistics Canada released planting intentions data for 2026 this morning, with canola estimated at 21.84 million acres, well shy of estimates of 22.3 million acres coming in. That was ...
Last week, NASA Administrator Jared Isaacman unveiled a major shakeup in the Artemis Program, intended to put the nation on a better path back to the Moon. The changes focused largely on increasing the launch cadence of NASA's large SLS rocket and putting a greater emphasis on lunar surface activities. Days later, the US Senate indicated that it broadly supported these plans. This is all well and ...
Last week, NASA Administrator Jared Isaacman unveiled a major shakeup in the Artemis Program, intended to put the nation on a better path back to the Moon. The changes focused largely on increasing the launch cadence of NASA's large SLS rocket and putting a greater emphasis on lunar surface activities. Days later, the US Senate indicated that it broadly supported these plans. This is all well and good, but it neglects a critical element of the Artemis program: a lander capable of taking astronauts down to the lunar surface from an orbit around the Moon and back up to rendezvous with Orion. NASA has contracted with SpaceX and Blue Origin to develop these landers, Starship and Blue Moon MK2, respectively. As part of his announcement, Isaacman said a revamped Artemis III mission will now be used to test one or both of these landers near Earth before they are called upon to land humans on the Moon later this decade. Read full article Comments
Vertiv ( VRT ) declares $0.0625/share quarterly dividend , in line with previous. Forward yield 0.1% Payable March 26; for shareholders of record March 17; ex-div March 17. See VRT Dividend Scorecard, Yield Chart, & Dividend Growth. More on Vertiv Vertiv Holdings Co (VRT) Presents at Barclays 43rd Annual Industrial Select Conference Transcript Vertiv Holdings Co (VRT) Presents at Citi's Global Ind...
Vertiv ( VRT ) declares $0.0625/share quarterly dividend , in line with previous. Forward yield 0.1% Payable March 26; for shareholders of record March 17; ex-div March 17. See VRT Dividend Scorecard, Yield Chart, & Dividend Growth. More on Vertiv Vertiv Holdings Co (VRT) Presents at Barclays 43rd Annual Industrial Select Conference Transcript Vertiv Holdings Co (VRT) Presents at Citi's Global Industrial Tech & Mobility Conference 2026 Transcript Vertiv Holdings: Blowout Q4 Keeps The Bullish View Intact SA Asks: Which hardware stocks are best positioned for AI? Vertiv projects $6.02 EPS and $13.5B sales for 2026 while advancing capacity expansion strategy
Looking at the universe of stocks we cover at Dividend Channel , on 3/10/26, Cohen & Steers Infrastructure Fund (Symbol: UTF) will trade ex-dividend, for its monthly dividend of $0.155, payable on 3/31/26. As a percentage of UTF's recent stock price of $26.47, this dividend works out to approximately 0.59%, so look for shares of Cohen & Steers Infrastructure Fund to trade 0.59% lower — all else be...
Looking at the universe of stocks we cover at Dividend Channel , on 3/10/26, Cohen & Steers Infrastructure Fund (Symbol: UTF) will trade ex-dividend, for its monthly dividend of $0.155, payable on 3/31/26. As a percentage of UTF's recent stock price of $26.47, this dividend works out to approximately 0.59%, so look for shares of Cohen & Steers Infrastructure Fund to trade 0.59% lower — all else being equal — when UTF shares open for trading on 3/10/26. In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from UTF is likely to continue, and whether the current estimated yield of 7.03% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of UTF shares, versus its 200 day moving average: Looking at the chart above, UTF's low point in its 52 week range is $21.8832 per share, with $27.33 as the 52 week high point — that compares with a last trade of $26.16. Cohen & Steers Infrastructure Fund is in our coverage universe of monthly dividend paying stocks. In Friday trading, Cohen & Steers Infrastructure Fund shares are currently down about 1.6% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Looking at the universe of stocks we cover at Dividend Channel , on 9/16/25, Solaris Energy Infrastructure Inc (Symbol: SEI) will trade ex-dividend, for its quarterly dividend of $0.12, payable on 9/26/25. As a percentage of SEI's recent stock price of $30.84, this dividend works out to approximately 0.39%. In general, dividends are not always predictable; but looking at the history above can help...
Looking at the universe of stocks we cover at Dividend Channel , on 9/16/25, Solaris Energy Infrastructure Inc (Symbol: SEI) will trade ex-dividend, for its quarterly dividend of $0.12, payable on 9/26/25. As a percentage of SEI's recent stock price of $30.84, this dividend works out to approximately 0.39%. In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from SEI is likely to continue, and whether the current estimated yield of 1.56% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of SEI shares, versus its 200 day moving average: Looking at the chart above, SEI's low point in its 52 week range is $11.42 per share, with $39.025 as the 52 week high point — that compares with a last trade of $30.84. In Friday trading, Solaris Energy Infrastructure Inc shares are currently up about 1.8% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.