artisteer/iStock via Getty Images Thesis Summary Hims & Hers Health, Inc. ( HIMS ) has built one of the most successful consumer health platforms in the U.S. But HIMS really began to take off when it started offering compounded GLP-1s. Though there was some initial backlash, this seemed to be manageable, but what was once a legal grey area has escalated in the last few days. The FDA has escalated ...
artisteer/iStock via Getty Images Thesis Summary Hims & Hers Health, Inc. ( HIMS ) has built one of the most successful consumer health platforms in the U.S. But HIMS really began to take off when it started offering compounded GLP-1s. Though there was some initial backlash, this seemed to be manageable, but what was once a legal grey area has escalated in the last few days. The FDA has escalated its posture, and Novo Nordisk ( NVO ) has moved into litigation. The FDA has even questioned whether Hims went as far as violating the core principles of the drug approval process itself. The recent sell-off is not unwarranted, as HIMS could not only lose revenues but also face high legal costs. The business is still a strong one, in my opinion , but until the uncertainty clears, the risk/reward skews negative, even at today’s price. What Actually Changed (And Why This Time Is Different) When I last wrote about HIMS , the company was in a very different situation. The fundamentals looked great, and the regulatory risk seemed manageable. Hims has lived with regulatory tension since entering the compounded GLP-1 market. But this has now reached a whole new level, with the FDA even escalating things to the Department of Justice. This signals a clear shift in the FDA's tolerance for compounded drugs, as well as a key shift that puts not only the company but also management in the crosshairs. By escalating things to the DoJ, management could now be personally liable, and this is going to make HIMS a lot more cautious moving forward. The Oral GLP-1 Was The Line-Crosser When injectable GLP-1s first came around, HIMS found a workaround to legally sell its own version, but it seems like this is not going to fly with the oral versions. Novo has initiated a lawsuit against HIMS , and the company has already stopped selling its compounded version. In the words of former FDA commissioner Scott Gottlieb, We have a drug approval process for a reason—to ensure the drugs are safe and effect...
The incoming cabinet secretary, Antonia Romeo, worked under the notoriously woke David Cameron and Theresa May. Maybe she was a double agent? Antonia Romeo is expected to become the first female cabinet secretary shortly, an appointment that is “controversial”, according to conservative commentators, since the mandarin is the “queen of woke” . But how did she come by that title? What are her woke ...
The incoming cabinet secretary, Antonia Romeo, worked under the notoriously woke David Cameron and Theresa May. Maybe she was a double agent? Antonia Romeo is expected to become the first female cabinet secretary shortly, an appointment that is “controversial”, according to conservative commentators, since the mandarin is the “queen of woke” . But how did she come by that title? What are her woke credentials – and how did she rise to preeminence? The civil service itself often sets off the woke tripwire, owing to workplace conventions such as respecting people’s pronouns and having sick leave. Often it’s even less specific, a vague but fiery opposition confected by someone who is anti-woke. So Jacob Rees-Mogg might take issue with the civil service allowing home working , and it will be a classic battle against woke (similar to Nigel Farage lumping in council employees who work from home with those working on DEI or climate). If you were asked to explain verbally why commuting to an office is conservative and working from home is liberal, you’d struggle: but nobody has to, because anti-woke warriors fight under the banner of common sense, which doesn’t have to show its workings. Zoe Williams is a Guardian columnist Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here . Continue reading...
Join High Dividend Opportunity Today! Sign Up For Premium Today! This video's transcript was generated by a third party. It is not curated or reviewed and is provided for convenience and information purposes only. The accuracy and completeness of the transcript are not guaranteed. Daniel Snyder : Hey, everyone. Daniel Snyder here from Seeking Alpha. Thank you so much for taking the time to join me...
Join High Dividend Opportunity Today! Sign Up For Premium Today! This video's transcript was generated by a third party. It is not curated or reviewed and is provided for convenience and information purposes only. The accuracy and completeness of the transcript are not guaranteed. Daniel Snyder : Hey, everyone. Daniel Snyder here from Seeking Alpha. Thank you so much for taking the time to join me for this webinar. Today, we are exploring for yield across the market, and none other than Will Barton from High Dividend Opportunities is joining me today to dive into two picks that he says right now are pretty primed. And we're going to get into the conversation, find out what those are, and why they are set up with where we are in the markets right now. But before we dive into our conversation today, let me go ahead and get our quick legal disclaimer out of the way. Past performance is no guarantee of future results. Any views or opinions expressed in the webinar do not reflect those of Seeking Alpha as a whole. Seeking Alpha does not take account of your objectives or your financial situation and does not offer any personalized investment advice. Seeking Alpha is not a licensed securities dealer, broker, US investment adviser, or investment bank. Information provided by the Investing Group does not constitute investing advice. Investing Group leaders are third-party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. Any content and tools on the platform are offered for information purposes only. Now, with that out of the way, this is a very important time, and I'm going to go ahead and ask Will to join me here on video as well. It's a very important time. It's a very, just a time of celebration, I guess, is the best way to say it because High Dividend Opportunities is now celebrating their 10-year anniversary mark with Seeking Alpha. So, Will, thank you for taking the time...
A legendary valuation metric has crossed this threshold only once in the past 155 years of market history. The S&P 500 (^GSPC +0.05%) index surged past 7,000 for the first time in late January, driven by rising investor optimism about artificial intelligence (AI) and robust corporate earnings. However, over the next few days, mixed earnings performance from large technology companies dramatically ...
A legendary valuation metric has crossed this threshold only once in the past 155 years of market history. The S&P 500 (^GSPC +0.05%) index surged past 7,000 for the first time in late January, driven by rising investor optimism about artificial intelligence (AI) and robust corporate earnings. However, over the next few days, mixed earnings performance from large technology companies dramatically cooled investor sentiment. Wall Street is also flashing a warning that investors may find difficult to ignore. The cyclically adjusted price-to-earnings (CAPE) ratio, also known as the Shiller P/E ratio, has climbed above 40 for only the second time since 1871. Shiller CAPE ratio The Shiller CAPE ratio measures the current price of the S&P 500 index relative to the 10-year moving average of inflation-adjusted earnings. By smoothing out short-term earnings fluctuations, it provides a more stable view of market valuation than the standard price-to-earnings ratio. The Shiller CAPE ratio for the S&P 500 at the time of this writing is roughly 40.5, more than double the historical long-term average of about 16 to 18. When the ratio rises far above the historical norm, it signals that investors are paying unusually high prices for each dollar of earnings. This condition has historically been difficult to sustain over the long term. The only other time when Shiller CAPE exceeded 40 was in December 1999, during the dot-com bubble. That period was followed by a "lost decade for stocks," from December 1999 to December 2009, when the S&P 500 delivered an annualized total return of negative 0.9%. Expectations for 2026 The CAPE ratio is not a timing tool. Hence, elevated valuations can persist longer than expected. In December 1999, although the CAPE ratio crossed 40, stocks continued to climb for the next three months. Currently, the implied future annual return for the S&P 500 is just 1.5%, according to GuruFocus. While estimates like these are inherently uncertain, history shows that ...
To have one Labour peer with a close association to a child sex offender may be regarded as a misfortune: to have two looks like carelessness. This was never going to be an easy prime minister’s question for Keir Starmer. The opposition was spoilt for choice. The peers in question – Peter Mandelson and Matthew Doyle – as well as the topics of Morgan McSweeney, Tim Allan, Wes Streeting … These were...
To have one Labour peer with a close association to a child sex offender may be regarded as a misfortune: to have two looks like carelessness. This was never going to be an easy prime minister’s question for Keir Starmer. The opposition was spoilt for choice. The peers in question – Peter Mandelson and Matthew Doyle – as well as the topics of Morgan McSweeney, Tim Allan, Wes Streeting … These were just some of the crisis points of the past seven days. Even by the political psychodramas of the past 10 years, it’s fair to say Starmer has had the week from hell. Just one damn thing after another. But even the losers get lucky some time. Starmer knew he was in for a rough half hour. You could see it in the anxious glances he flicked towards the opposition benches. You could hear it in the forced cheers from his own MPs. The weary opening gag about having had more ministerial meetings than usual this week. And yet it wasn’t the bloodbath Keir and his colleagues had anticipated. Compared with last week’s PMQs disaster, this was a breeze. A few minor flesh wounds at most. You could sense a whispered thank you from Starmer to his opposite number. When he feels the whole world is against him, he is lucky to find himself up against Kemi Badenoch. A woman who believes she is dictating world events. You could put her on a fairground ride and she would still think she was in control of where she was going. Her latest delusion is that she has masterminded the recent crises inside No 10. Without her interventions, none of us would be any the wiser about Mandelson’s links to Jeffrey Epstein. Thanks to her, McSweeney resigned and Starmer found his leadership under threat. It hasn’t yet dawned on her that all she is doing is repeating information that had already been published in a newspaper over a year ago. Or maybe she thinks she makes the journalists write the stories. Last week Kemi had kept her delusions simple. Didn’t try to do more than ask the same questions that were on eve...
This article first appeared on GuruFocus. Microsoft (NASDAQ:MSFT) ticked slightly higher Wednesday after announcing a new partnership aimed at strengthening its sovereign cloud business, an area that's quietly becoming more important across Europe. The company is working with French IT firm Capgemini to enhance its managed sovereign cloud services. In practical terms, that means helping government...
This article first appeared on GuruFocus. Microsoft (NASDAQ:MSFT) ticked slightly higher Wednesday after announcing a new partnership aimed at strengthening its sovereign cloud business, an area that's quietly becoming more important across Europe. The company is working with French IT firm Capgemini to enhance its managed sovereign cloud services. In practical terms, that means helping governments, healthcare systems, and financial institutions keep their sensitive data inside national borders while still using Microsoft's cloud tools. With regulators tightening rules around data control, that kind of setup is becoming less optional and more essential. There weren't any flashy financial details attached to the announcement, and the stock move was modest. But strategically, it matters. Sovereign cloud isn't about hype, it's about trust and compliance. By teaming up with a well established European IT partner, Microsoft is signaling that it wants a bigger share of regulated cloud workloads in the region.
Chayantorn/iStock Editorial via Getty Images Pinterest ( PINS ) will report its results for the fourth quarter on Thursday, after market close. Wall Street expects the company to post earnings per share of $0.67, implying a rise of 19.6% on a revenue of $1.33 billion, representing year-over-year growth of about 16%. During the quarter, Pinterest reported record global monthly active users but face...
Chayantorn/iStock Editorial via Getty Images Pinterest ( PINS ) will report its results for the fourth quarter on Thursday, after market close. Wall Street expects the company to post earnings per share of $0.67, implying a rise of 19.6% on a revenue of $1.33 billion, representing year-over-year growth of about 16%. During the quarter, Pinterest reported record global monthly active users but faced market pressure after issuing a weak outlook that overshadowed revenue growth and user gains. The company moved to expand its advertising capabilities through the acquisition of connected TV performance advertising platform tvScientific, while also navigating heightened competitive pressures for advertising spending. Regulatory developments remained in focus, with policymakers in multiple regions weighing stricter rules on social media platforms, though Australia’s proposed teen social media ban excluded Pinterest. Analyst commentary also flagged risks tied to artificial intelligence and advertiser retention amid an increasingly competitive digital advertising landscape. According to Alpha’s Quant Rating system, PINS is rated Hold with an overall score of 2.66 out of 5, reflecting grades of A in terms of profitability but a D both in terms of valuation and momentum. An analyst took a cautious view on Pinterest’s valuation, saying the company’s economics differ from typical social media peers and that investors are awaiting proof of durable profitability, noting that Pinterest is “valued like an engagement platform, but its economics align more with intent-driven, commerce-adjacent models,” and adding that “closing the valuation gap requires persistent revenue growth and margin stability, particularly through weaker advertising cycles.” Over the last two years, PINS has beaten EPS estimates 63% of the time and has beaten revenue estimates 88% of the time. Over the past three months, EPS estimates have seen one upward revision and six downward revisions, while revenue estim...
JHVEPhoto/iStock Editorial via Getty Images A few years back, it would have been unthinkable for any analyst to say that the software sector would become one of the deepest pockets of value in the stock market. But as the backlash against enterprise software deepens and investors shift their bets to the chip stocks and infrastructure providers that are supplying data center buildouts, a number of ...
JHVEPhoto/iStock Editorial via Getty Images A few years back, it would have been unthinkable for any analyst to say that the software sector would become one of the deepest pockets of value in the stock market. But as the backlash against enterprise software deepens and investors shift their bets to the chip stocks and infrastructure providers that are supplying data center buildouts, a number of once-high-flying stocks have been decisively pushed into the penalty box. Adobe ( ADBE ) is one of these names. The design software company is one of the most hated stocks of the group, with shares down over 40% in the past year. And yet fears of AI encroachment are very different from the company’s actual fundamental reality, with Adobe still showcasing double-digit revenue growth. The question for investors now: can Adobe stage a comeback? Data by YCharts I last wrote a “Buy” rating on Adobe in November, when the stock was trading near $320 and after the company announced its intention to acquire SEO company Semrush, a deal that is expected to close in the first half of 2026. Since then, investor fears on Adobe have continued to mount, especially with AI design generation capabilities advancing and Adobe having a large concentration of consumer customers who are usually more willing and able to change platforms than enterprises are. That said, I continue to believe fears are overblown, and I’m reiterating my “Buy” rating on Adobe. Since valuation is core to my buy rating on this stock, let’s first start with a discussion on why Adobe’s cheapness can’t be ignored. Again, I don’t mean to stress that it’s clear skies ahead for Adobe: AI is certainly bringing fiercer competition to the table, with tools like Midjourney and Figma ( FIG ) gaining in popularity for some of Adobe’s core functions. Still, it’s also hard not to argue that risks are priced in. On top of this, Adobe continues to showcase healthy execution. For FY26 (the year for Adobe ending in November 2026), Adobe ...
Key Points TD Cowen analyst Marc Bianchi just downgraded NuScale Power stock. The analyst worries the company's first SMR nuclear plant project might be delayed to 2034. 10 stocks we like better than NuScale Power › Shares of small modular (nuclear) power plant-builder NuScale Power (NYSE: SMR) stock tumbled 9.3% through 11:45 a.m. ET Wednesday. You can blame Wall Street analyst TD Cowen for that....
Key Points TD Cowen analyst Marc Bianchi just downgraded NuScale Power stock. The analyst worries the company's first SMR nuclear plant project might be delayed to 2034. 10 stocks we like better than NuScale Power › Shares of small modular (nuclear) power plant-builder NuScale Power (NYSE: SMR) stock tumbled 9.3% through 11:45 a.m. ET Wednesday. You can blame Wall Street analyst TD Cowen for that. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » TD kicks NuScale to the curb This morning, you see, TD Cowen analyst Marc Bianchi downgraded NuScale stock from buy to hold, warning of a negative catalyst that could soon damage the stock -- and add to the 36% losses NuScale investors have already suffered over the past year. As Bianchi explains, NuScale customer Nuclearelectrica will make a Final Investment Decision (FID) on its Doicesti Romanian small modular reactor (SMR) project this week. Bianchi believes Nuclearelectrica will proceed with the project -- but shift some project risk onto NuScale, and push back closing to 2033 or even 2034. Recalling that the project completion date was last expected no later than 2030, this would be a significant setback -- and could significantly delay NuScale's scaling up revenue and achieving profitability. Worse news for NuScale, Bianchi believes other nuclear utilities are using Doicesti as a test case, and "an important validation point for NuScale's commercial potential." They may base their own decisions on its success. Is NuScale stock a sell? Long story short: If Nuclearelectrica delays opening its SMR plant, there could be knock-on effects delaying the timelines for NuScale's several other customers. So what does this mean for NuScale investors? At last report, most analysts polled by S&P Global Market Intelligence expected NuScale to report its first profit in 2030 -- the same year Doicesti would open. If ...
Earnings Call Insights: Westinghouse Air Brake Technologies Corporation (WAB) Q4 2025 Management View Rafael Santana, CEO, stated the company delivered "top line growth of 7.5% and grew adjusted EPS by nearly 19%" in 2025, highlighting a record orders pipeline converted into a substantial multiyear backlog. He emphasized, "our Board of Directors has increased our dividend by 24% and has increased ...
Earnings Call Insights: Westinghouse Air Brake Technologies Corporation (WAB) Q4 2025 Management View Rafael Santana, CEO, stated the company delivered "top line growth of 7.5% and grew adjusted EPS by nearly 19%" in 2025, highlighting a record orders pipeline converted into a substantial multiyear backlog. He emphasized, "our Board of Directors has increased our dividend by 24% and has increased our share buyback authorization to $1.2 billion." Santana noted sales for the quarter were $3 billion, up 15%, and adjusted EPS increased 25% from the prior year. He reported total cash flow from operations at $992 million and a 12-month backlog at $8.2 billion, up 7%, with the multiyear backlog surpassing $27 billion, up 23%. He called this "the strongest position our company has been in." Santana announced the closing of the Frauscher Sensor Technologies acquisition in December and the acquisition of Dellner Couplers, stating, "This acquisition will further strengthen our position in critical rail technologies." He introduced the first-ever EVO modernization program for 2026, designed to deliver "greater than 20% improvement in reliability and tractive effort" and "up to 7% improvement in fuel savings." John Olin, EVP & CFO, stated, "Overall, the quarter came in slightly ahead of our expectations for both revenue and EPS. Cash from operations significantly exceeded expectations, while operating margins were lower than planned." He added, "Sales for the quarter were $2.97 billion, which reflects a 14.8% increase versus the prior year." Adjusted operating margin for the quarter was 17.7%. Outlook Management expects 2026 sales of between $12.2 billion to $12.5 billion, representing a 10.5% increase at the midpoint. Adjusted EPS guidance for 2026 is between $10.05 and $10.45, which represents 14% growth at the midpoint. Santana highlighted, "We expect 2026 to mark our sixth consecutive year of mid- to high-teen adjusted EPS growth." Olin stated, "We now anticipate $115 millio...
American Nordic combined skier Annika Malacinski dreams of becoming an Olympic athlete. Instead, she must watch from the sidelines as her younger brother, Niklas, realises that dream at the 2026 Winter Games. Nordic combined - a combination of cross-country skiing and ski jumping - is the only Olympic discipline in which women cannot compete. The event has been a feature of the Winter Olympics sin...
American Nordic combined skier Annika Malacinski dreams of becoming an Olympic athlete. Instead, she must watch from the sidelines as her younger brother, Niklas, realises that dream at the 2026 Winter Games. Nordic combined - a combination of cross-country skiing and ski jumping - is the only Olympic discipline in which women cannot compete. The event has been a feature of the Winter Olympics since the first edition in Chamonix in 1924 but has only ever been open to men, despite there being women's World Cup and World Championship events. Malacinski, 24, has been campaigning for the women's event to feature at the Olympics for years and in 2022 a formal proposal was made to include it in Italy this year. A similar proposal was made before the Beijing Olympics four years ago - both were denied. In a post on Instagram in November, Malacinski said her Olympic dream had been taken away from her "not because of my ability but because of my gender". "For years my team-mates and I have been speaking up, protesting and fighting for the chance to stand on the same Olympic start line as the men," she said. "We're still here, we're still pushing, we're not giving up." The International Olympic Committee (IOC) says the event is "in question overall" and that it is not a discussion about women but about the sport as a whole, citing low participation across different countries and a lack of viewership. This year 36 athletes are taking part in the men's event in Italy, down from 55 at Beijing 2022. The IOC also says Milan-Cortina is the most gender-equal Winter Games with 47% of the athletes women, while 50 of the 116 events are for females. IOC spokesman Mark Adams said: "To all intents and purposes we are gender balanced. We are taking a look at this [Nordic combined] here, the participants generally are from a small number of countries - it needs to be more universal and we will take a look at it for the next Winter Games." Another spokesperson added: "Going forward, we will t...