Key Points Purchased 487,482 Nomad Foods shares; estimated transaction value $5.60 million based on quarterly average price. Quarter-end position value in Nomad Foods declined by $3.59 million, reflecting both share additions and price changes. Trade represented a 1.5% shift in 13F reportable assets under management. Post-trade, Doma Perpetual held 3,340,330 shares valued at $32.10 million. Nomad ...
Key Points Purchased 487,482 Nomad Foods shares; estimated transaction value $5.60 million based on quarterly average price. Quarter-end position value in Nomad Foods declined by $3.59 million, reflecting both share additions and price changes. Trade represented a 1.5% shift in 13F reportable assets under management. Post-trade, Doma Perpetual held 3,340,330 shares valued at $32.10 million. Nomad Foods accounted for 8.62% of fund AUM, which places it outside the fund's top five holdings. 10 stocks we like better than Nomad Foods › What happened According to a filing with the Securities and Exchange Commission dated May 15, 2026, Doma Perpetual Capital Management LLC increased its position in Nomad Foods (NYSE:NOMD) by 487,482 shares during the first quarter. The estimated trade value is $5.60 million, calculated using the average unadjusted closing price for the quarter. The quarter-end value of the stake decreased by $3.59 million, reflecting both additional shares and price movement. What else to know This was a buy; Nomad Foods represented 8.62% of the fund's 13F assets under management after the trade. Top holdings after the filing: Pacira BioSciences : $62.78 million (16.9% of AUM) DaVita : $48.57 million (13.0% of AUM) Merchants Bancorp : $47.87 million (12.9% of AUM) Inmode : $41.96 million (11.3% of AUM) Afya : $33.98 million (9.1% of AUM) As of May 20, 2026, shares were trading at $10.42, down 44% over the last year and underperforming the S&P 500 by 69 percentage points. Company Overview Metric Value Revenue (TTM) $3.45 billion Net Income (TTM) $153.6 million Dividend Yield 6.53% Price (as of market close 2026-05-20) $10.42 Company Snapshot Nomad Foods Limited produces and sells frozen food products, including fish, vegetables, poultry, ready-made meals, ice cream, and bakery goods under brands such as Birds Eye, Iglo, and Findus. The company generates revenue primarily through direct sales to supermarkets and food retail chains across Europe, leveraging a...
Tesla is navigating falling margins, heavy AI and robotaxi spending and intense EV competition after its latest quarterly report, while the stock remains highly watched by US and global investors. Tesla, Inc. is in a transition phase after its most recent quarterly earnings showed sharply lower profits and margin pressure, while management emphasized long?term bets on autonomy, artificial intellig...
Tesla is navigating falling margins, heavy AI and robotaxi spending and intense EV competition after its latest quarterly report, while the stock remains highly watched by US and global investors. Tesla, Inc. is in a transition phase after its most recent quarterly earnings showed sharply lower profits and margin pressure, while management emphasized long?term bets on autonomy, artificial intelligence and next?generation vehicle platforms, according to the company’s first?quarter 2024 results published on 04/23/2024 and related shareholder materials on the investor website (Tesla Investor Relations as of 04/23/2024). The figures and comments highlight a tension between short?term financial headwinds and the ambition to position Tesla as a software? and robotics?driven technology business rather than solely an electric?vehicle manufacturer. As of: 05/21/2026 By the editorial team – specialized in equity coverage. At a glance Name: Tesla Tesla Sector/industry: Electric vehicles, clean energy, technology Electric vehicles, clean energy, technology Headquarters/country: Austin, Texas, USA Austin, Texas, USA Core markets: North America, Europe, China and other global EV and energy markets North America, Europe, China and other global EV and energy markets Key revenue drivers: Vehicle sales, energy generation and storage, regulatory credits, software and services Vehicle sales, energy generation and storage, regulatory credits, software and services Home exchange/listing venue: Nasdaq (ticker: TSLA) Nasdaq (ticker: TSLA) Trading currency: US dollar (USD) Tesla: core business model Tesla’s core business model is built around designing, manufacturing and selling electric vehicles that compete in mass?market and premium segments, with an integrated approach spanning batteries, software, charging and energy products. The company’s automotive operations encompass sedans such as the Model 3, sport?utility vehicles like the Model Y and higher?end models including the Model S and...
FinkAvenue/iStock Editorial via Getty Images A couple of months ago I was close to calling lululemon athletica ( LULU ) a sell. The Americas' business, 71% of revenue, was shrinking. Earnings were guided to fall. The founder was at war with the board. None of that has changed. What changed is the price. LULU has gone from above $300 to about $124, down more than 40% this year and 62% over the last...
FinkAvenue/iStock Editorial via Getty Images A couple of months ago I was close to calling lululemon athletica ( LULU ) a sell. The Americas' business, 71% of revenue, was shrinking. Earnings were guided to fall. The founder was at war with the board. None of that has changed. What changed is the price. LULU has gone from above $300 to about $124, down more than 40% this year and 62% over the last 12 months. So why am I not pressing the short? Because the math that made it a sell at $170 doesn't work at $124. A debt-free brand throwing off $1.6B of operating cash, trading under 10x earnings, with a new CEO arriving and an activist forcing the board to defend itself, is not something I want to be short into. It's a hold. Too cheap to sell, too broken to buy. How LULU Makes Money LULU sells premium athletic apparel, mostly through its own stores and website, which is why its margins look nothing like its peers. Its trailing EBITDA margin of 24.58% tops Aritzia ( ATZ:CA ) at 19.94% and dwarfs Nike ( NKE ) at 7.84%, Urban Outfitters ( URBN ) at 12.01%, and American Eagle ( AEO ) at 10.01%. YCharts Women's gear is 63% of sales, men's 24%, and accessories the rest. The company splits into three regions: the Americas at 71% of revenue, China Mainland at 16%, and the rest of the world at 13%. It runs 476 stores in the Americas, 172 in China, and 163 elsewhere. Selling direct keeps gross margin at 56.6%, well above the 38.8% sector median. That margin is the whole reason this is a quality business worth arguing over rather than a broken retailer worth ignoring. What's Broken Here's the problem. The Americas, by far the biggest piece, posted a 3% comparable-sales decline in FY2025, and management guided the region down another 1% to 3% this year. Two straight years of falling comps in the home market, and no floor in sight. Full-year revenue still grew 5% to $11.1B, but only because China Mainland jumped 28.9% and the rest of the world added 15.6% . International is carrying ...
TebNad QatarEnergy said Thursday it signed a memorandum of understanding with the Egyptian government and Exxon Mobil ( XOM ) to study the potential development and commercialization of gas discoveries in Cyprus through Egypt’s existing natural gas infrastructure. The preliminary agreement will set up a commercial framework to secure the greatest benefits from natural gas resources in both Egypt a...
TebNad QatarEnergy said Thursday it signed a memorandum of understanding with the Egyptian government and Exxon Mobil ( XOM ) to study the potential development and commercialization of gas discoveries in Cyprus through Egypt’s existing natural gas infrastructure. The preliminary agreement will set up a commercial framework to secure the greatest benefits from natural gas resources in both Egypt and Cyprus and reinforce Egypt's position as a key energy trading hub in the eastern Mediterranean region, according to QatarEnergy. The MoU "highlights Egypt’s role as a potential hub for Eastern Mediterranean gas, supporting deeper integration between Egypt and Cyprus in the field of natural gas while optimizing the utilization of existing infrastructure," QatarEnergy said. Egypt's liquefaction plants, which can convert natural gas into liquefied natural gas for export, have long been underutilized. More on Exxon Mobil Exxon Mobil: Overvalued Despite Impressive Assets Exxon Mobil Sees The Silver Lining In The Global Oil Disruption Exxon Mobil: A Rising Oil Bet
Nvidia's latest earnings reveal a major shift in AI demand. TD Cowen analyst Joshua Buchalter explains why hyperscalers are no longer the whole story, how AI is moving beyond data centers into the real world, and why the company's massive supply chain commitments could cement its dominance for years. (Source: Bloomberg)
Nvidia's latest earnings reveal a major shift in AI demand. TD Cowen analyst Joshua Buchalter explains why hyperscalers are no longer the whole story, how AI is moving beyond data centers into the real world, and why the company's massive supply chain commitments could cement its dominance for years. (Source: Bloomberg)
Paul Campbell/iStock via Getty Images Introduction I’ve been interested in Blue Owl Capital Inc. ( OWL ) for a while now, ever since I covered Ares Capital ( ARES ). The asset manager has since seen brutal months, even worse than the broader industry, as it sits at near its 52-week lows, as the Tricolor and First Brands collapses in late 2025 triggered a re-rating across direct lenders and the mor...
Paul Campbell/iStock via Getty Images Introduction I’ve been interested in Blue Owl Capital Inc. ( OWL ) for a while now, ever since I covered Ares Capital ( ARES ). The asset manager has since seen brutal months, even worse than the broader industry, as it sits at near its 52-week lows, as the Tricolor and First Brands collapses in late 2025 triggered a re-rating across direct lenders and the more credit-concentrated the platform, the harder the downward. I’ll dive into why I believe a turnaround is in the cards and what the pace ahead for the credit industry looks like. Current Dynamics So first, I believe that the market has overshot, but not because the credit concerns are imaginary, as they aren’t, but because the punishment doesn’t match the actual fee architecture at OWL vs. the legitimate risk at the underlying business development companies ("BDCs"). The latest quarterly print told us specifically what we needed to know as Fee-Related Earnings grew by 14% Y/Y and Distributable Earnings by 11% Y/Y. Furthermore, $11B were raised in a seasonally light quarter, while there is also the $1.25T valuation print on the SpaceX stake , meanwhile the stock barely budged. Why? Let’s dive into the bear case. The Tricolor and First Brands collapses which were neither pure credit stories, but the headlines did the damage. Thus, net inflows to non-traded BDCs decelerated and OWL itself reported net outflows of roughly $170MM from non-traded BDCs in Q1 2026. Furthermore, OWL’s flagship BDC cut its Q2 2026 base dividend from 37 cents to 31 cents per share and CEO Craig Packer attributed the cut to lower base rates and tighter spreads. NAV per share fell from $14.81 at the end of 2025 to now $14.41 reflecting the widening of the credit spread and though this is not a fee compression event at OWL as fees are largely AUM-based, but it does signal that the asset side of the BDC (Business Development Company) universe is under pressure and a meaningfully lower BDC yield environmen...
Jonathan Kitchen Shares of neocloud companies Nebius ( NBIS ), CoreWeave ( CRWV ), and Iren ( IREN ) all rose 4% or more on Thursday after Nvidia ( NVDA ) disclosed that rental prices for its H100 GPUs are still rising. Nebius led the group with a 15% gain, due in part to a fuel cell deal with Bloom Energy ( BE ). Also moving on the back of the disclosure was Applied Digital ( APLD ), which jumped...
Jonathan Kitchen Shares of neocloud companies Nebius ( NBIS ), CoreWeave ( CRWV ), and Iren ( IREN ) all rose 4% or more on Thursday after Nvidia ( NVDA ) disclosed that rental prices for its H100 GPUs are still rising. Nebius led the group with a 15% gain, due in part to a fuel cell deal with Bloom Energy ( BE ). Also moving on the back of the disclosure was Applied Digital ( APLD ), which jumped 17%. The company also announced a major long-term lease agreement. “The price of renting an H100 has risen 20% year-to-date, while A100 cloud pricing is up nearly 15%,” Nvidia CFO Colette Kress said on the company's earnings call . “Benefiting from the versatility of our platform and continuous performance enhancements enhanced by our software stack, customers are generating profitable revenue beyond the depreciable life of their GPUs.” Amid the insatiable demand for AI GPUs, Nebius recently announced that the on-demand rental price of H100 GPUs would rise to $3.85 per hour, up from $2.95 per hour. The H100 GPU was unveiled in April 2022 and is part of Nvidia's Hopper line of GPUs. The company is in full-scale production of its Blackwell line, and its Vera Rubin line of AI accelerators is set to be released in the back half of this year. Separately, on Thursday, GF Securities started coverage on CoreWeave with a Buy rating and a $162 price target. Shares rose 4% in premarket trading. “Backed by first-mover GPU deployment, exclusive AI-only focus, best-in-class efficiency, and LTAs with major AI hyperscalers, CoreWeave is positioned as a long-term winner in the AI infra boom,” analyst Michelle Jing wrote in a note to clients. Additionally, CoreWeave and Nebius were initiated with Neutral ratings at D.A. Davidson on Monday. More on Nebius Group, IREN, CoreWeave and Nvidia Why Nebius Remains My Highest Conviction AI Bet The Next Nvidia Is .... Nvidia (Rating Upgrade) NVIDIA Q1: No China In The Guide, 75% Margins, And A Tougher Bull Case SA analyst upgrades/downgrades: TGT, GO...
Gil Luria, DA Davidson head of technology research, says Nvidia CEO Jensen Huang is "dunking" on all the competition. Joe Kaiser of Switchyard Partners also reacts to Nvidia's earnings and SpaceX going public. They are on "Bloomberg Open Interest." (Source: Bloomberg)
Gil Luria, DA Davidson head of technology research, says Nvidia CEO Jensen Huang is "dunking" on all the competition. Joe Kaiser of Switchyard Partners also reacts to Nvidia's earnings and SpaceX going public. They are on "Bloomberg Open Interest." (Source: Bloomberg)
Key Points Divisadero Street purchased 379,232 shares of Dave; estimated trade value of $73.63 million based on quarterly average pricing. Post-trade, the fund held 640,840 shares in Dave valued at $111.56 million. The position now accounts for 4.2% of fund AUM, placing it within the fund’s top five holdings. 10 stocks we like better than Dave › What happened According to a Securities and Exchange...
Key Points Divisadero Street purchased 379,232 shares of Dave; estimated trade value of $73.63 million based on quarterly average pricing. Post-trade, the fund held 640,840 shares in Dave valued at $111.56 million. The position now accounts for 4.2% of fund AUM, placing it within the fund’s top five holdings. 10 stocks we like better than Dave › What happened According to a Securities and Exchange Commission (SEC) filing dated May 15, 2026, Divisadero Street Capital Management, LP increased its stake in Dave (NASDAQ:DAVE) by 379,232 shares in the first quarter. The estimated value of this purchase was $73.63 million, calculated using the average share price across the first quarter. The quarter-end value of the position rose by $53.64 million, a figure affected by both the additional shares and market price movement. What else to know Trade direction: buy; Dave represents 4.2% of 13F reportable assets under management following the transaction. Top five fund holdings after the filing: NYSE: SGHC: $176.32 million (6.6% of AUM) NYSE: RSI: $139.78 million (5.3% of AUM) NASDAQ: WLDN: $124.52 million (4.7% of AUM) NASDAQ: DAVE: $111.56 million (4.2% of AUM) NYSE: TPB: $105.52 million (4.0% of AUM) As of May 14, 2026, Dave shares were priced at $234.49, up 27.9% over the past year, outperforming the S&P 500 by 0.61 percentage points. Dave’s trailing twelve-month revenue is $604.62 million, with net income of $224.99 million and a five-year revenue CAGR of 33.3%. Fund reported 118 total positions and $2.39 billion in 13F reportable U.S. equity assets as of March 31, 2026. Company Overview Metric Value Price (as of market close May 14, 2026) $234.49 Market Capitalization $3.15 billion Revenue (TTM) $604.62 million Net Income (TTM) $224.99 million Company Snapshot Dave offers digital banking services, including personal financial management tools, overdraft alternatives, and a job application portal through its online platform. It provides financial products and digital bank...
(RTTNews) - The Treasury Department on Thursday announced the details of this month's auctions of two-year, five-year and seven-year notes. The Treasury revealed plans to sell $69 billion worth of two-year notes, $70 billion worth of five-year notes and $44 billion worth of seven-year notes. The results of the two-year note auction will be announced next Tuesday, the results of the five-year note ...
(RTTNews) - The Treasury Department on Thursday announced the details of this month's auctions of two-year, five-year and seven-year notes. The Treasury revealed plans to sell $69 billion worth of two-year notes, $70 billion worth of five-year notes and $44 billion worth of seven-year notes. The results of the two-year note auction will be announced next Tuesday, the results of the five-year note auction will be announced next Wednesday and the results of the seven-year note auction will be announced next Thursday. Last month, the Treasury also sold $69 billion worth of two-year notes, $70 billion worth of five-year notes and $44 billion worth of seven-year notes. All three auctions attracted below average demand. Earlier this week, the Treasury revealed this month's auction of $13 billion worth of twenty-year bonds attracted above average demand. Gain the edge with RTTNews Economic Calendar. Updated in real-time, explore RTTNews Economic Calendar today The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Elf Beauty CFO Mandy Fields joins Bloomberg Open Interest to break down the company’s massive earnings beat, revealing how Rhode fueled nearly all quarterly growth. She also explains why Elf is expanding beyond TikTok with a Survivor partnership, while maintaining luxury-level profit margins on affordable beauty products. (Source: Bloomberg)
Elf Beauty CFO Mandy Fields joins Bloomberg Open Interest to break down the company’s massive earnings beat, revealing how Rhode fueled nearly all quarterly growth. She also explains why Elf is expanding beyond TikTok with a Survivor partnership, while maintaining luxury-level profit margins on affordable beauty products. (Source: Bloomberg)
Cummins —the dominant maker of diesel engine technology—finds itself, happily, caught up in the AI data-center boom. CEO Jennifer Rumsey’s company is no stranger to boom-bust business cycles, and she says it can navigate the swings in AI demand. Cummins’ AI-related business—supplying backup power for data centers—has sent the stock to levels not seen in a decade.
Cummins —the dominant maker of diesel engine technology—finds itself, happily, caught up in the AI data-center boom. CEO Jennifer Rumsey’s company is no stranger to boom-bust business cycles, and she says it can navigate the swings in AI demand. Cummins’ AI-related business—supplying backup power for data centers—has sent the stock to levels not seen in a decade.
AMD is looking to undercut Nvidia's flagship semi-professional AI developer hardware with its Ryzen AI Halo Developer Platform. After previewing its Ryzen AI 400 series at CES 2026, AMD today unveiled the Ryzen AI Max PRO 400 Series processors for agent computers, and announced that the AI Halo will be available for preorder in June, starting at $3,999, or $700 less than Nvidia's DGX Spark. With 1...
AMD is looking to undercut Nvidia's flagship semi-professional AI developer hardware with its Ryzen AI Halo Developer Platform. After previewing its Ryzen AI 400 series at CES 2026, AMD today unveiled the Ryzen AI Max PRO 400 Series processors for agent computers, and announced that the AI Halo will be available for preorder in June, starting at $3,999, or $700 less than Nvidia's DGX Spark. With 128GB of LPDDR5x, a 50 TOPS NPU, a 40-core RDNA 3.5 GPU, and 2TB of storage, AMD argues it can compete on performance, too. "For agentic AI to move beyond the cloud, the PC needs to handle real-time tasks locally while responding quickly, protecting sensitive data, and supporting the memory demands of complex agent workflows," AMD says. "Our Ryzen AI Halo developer platform delivers these capabilities in an AMD-validated system, while AMD Ryzen AI Max PRO 400 Series processors bring the same architecture to commercial AI PCs and OEM systems ready for enterprise deployment." Mac minis are sold out just about everywhere because everyone's buying them up for AI development—and reselling, of course. But while AMD compares itself to that iconic miniature system in its slides for the new developer platform, it's mostly gunning for Nvidia's DGX Spark with this release. As WCCFTech notes, AMD claims it can deliver up to 14% faster local AI performance with specific models, thanks to its powerful AMD AI Ryzen Max+ 395 CPU with 16 cores. It supports Windows and Linux, whereas the DGX Spark is Linux-only. The hardware supports running local AI models with up to 200 billion parameters. There's Wi-Fi 7, 10Gbps Ethernet, and a TDP of just 120W. All that is packed inside a system that's just 6 inches square and less than 2 inches tall. (Credit: AMD) Despite framing its new hardware against Nvidia and Apple, AMD also clearly sees cloud AI computing as a major competitor. Indeed, online chatbots and AI tools are the most popular way professionals interact with AI now, so why run it locally w...