G ood morning from a very foggy Melbourne. The economic outlook is looking even murkier than the city’s skyline after yesterday’s unemployment numbers. Expectations for another rate hike in August were thrown into doubt after weaker-than-expected job numbers yesterday raised the prospect that the economy was performing worse than economists believed. The data comes amid a wave of layoffs since the...
G ood morning from a very foggy Melbourne. The economic outlook is looking even murkier than the city’s skyline after yesterday’s unemployment numbers. Expectations for another rate hike in August were thrown into doubt after weaker-than-expected job numbers yesterday raised the prospect that the economy was performing worse than economists believed. The data comes amid a wave of layoffs since the start of this year, with companies blaming AI adoption, restructuring and cost pressures. — Ben Westcott , Asia Agriculture Reporter What’s happening now An ex-Macquarie Group banker is facing criminal charges in Germany around a €319.7 million tax dividend scandal, the first former staffer from a major international investment bank to stand trial over the case. Traders are dialing back their expectations for further interest-rate increases by the Reserve Bank after the unemployment rate climbed to the highest since November 2021, suggesting the labor market is cooling faster than anticipated. Northern Star CEO Stuart Tonkin will step down after nearly a decade at the helm, as the gold miner struggles with production issues at its operations in Western Australia. Meanwhile, Arafura Rare Earths has given the go-ahead for its massive Nolans mine in the Northern Territory. Australia’s largest private weapons maker sees major opportunities in the nation’s military buildup , planning to expand artillery shell production, partner with drone makers and eventually build missile motors. Our supermarket giants are facing a growing backlash as shoppers battle rising grocery bills and fresh scrutiny lands on the industry. On this week’s podcast, Chris Bourke asks global business editor Karen Leigh why Coles and Woolworths have become targets of consumer frustration. The corporate regulator is suing Equity Trustees Superannuation over its role in the collapse of First Guardian Master Fund, which has impacted thousands of retirement savers. Australian householders are making their home ...
dszc/E+ via Getty Images Matador Resources ( MTDR ) up 1.5% post-market Thursday after saying it acquired 5,154 net undeveloped acres in the Delaware Basin for $1.14B as part of this week's Bureau of Land Management oil and gas lease sale. Matador ( MTDR ) said the a cquired acreage is located in the most prolific areas of the Delaware Basin , with nine or more discrete prospective formations, add...
dszc/E+ via Getty Images Matador Resources ( MTDR ) up 1.5% post-market Thursday after saying it acquired 5,154 net undeveloped acres in the Delaware Basin for $1.14B as part of this week's Bureau of Land Management oil and gas lease sale. Matador ( MTDR ) said the a cquired acreage is located in the most prolific areas of the Delaware Basin , with nine or more discrete prospective formations, adding at least 141 net operated locations, normalized to two-mile laterals, to its asset base. Key tracts and associated wells and volumes are strategically located near existing infrastructure and expected to be additive to San Mateo's volume throughput and growing revenue streams, the company said. Earlier, Devon Energy ( DVN ) confirmed the acquisition of 16,300 net undeveloped acres in the Delaware Basin for ~$2.6B through the BLM lease sale. The sale racked up a record $4B sale of oil and gas drilling rights on federal lands in New Mexico and Texas. More on Matador Resources Matador Resources Q1 2026 Earnings Call Presentation Matador Resources: 78 Insider Buys, Zero Sells, 4x EV/EBITDA Matador Resources: The Market Is Not Perceiving The Full Valuation
What happened An SEC filing dated May 14, 2026, shows Timucuan Asset Management sold 47,996 shares of Thor Industries (THO +1.02%) during the first quarter. The estimated transaction value is $4.89 million based on the average closing price from January through March. The quarter-end value of the position decreased by $63.05 million, reflecting both trading activity and price movements. What else ...
What happened An SEC filing dated May 14, 2026, shows Timucuan Asset Management sold 47,996 shares of Thor Industries (THO +1.02%) during the first quarter. The estimated transaction value is $4.89 million based on the average closing price from January through March. The quarter-end value of the position decreased by $63.05 million, reflecting both trading activity and price movements. What else to know This sale left Thor Industries at 7.5% of the fund's reportable AUM at the end of the quarter. Top holdings after the filing: Charles Schwab : $277.15 million (10.2% of AUM) Installed Building Products : $219.24 million (8.1% of AUM) Somnigroup International : $217.45 million (8.0% of AUM) Analog Devices : $216.29 million (8.0% of AUM) Thor Industries: $203.84 million (7.5% of AUM) As of May 20, 2026, Thor Industries shares were trading at $74.76, down 9.7% over the past year and underperforming the S&P 500 by 34 percentage points. Company overview Metric Value Revenue (TTM) $9.93 billion Net income (TTM) $300.41 million Dividend yield 2.78% Price (as of market close May 20, 2026) $74.76 Company snapshot Thor Industries: Offers a broad portfolio of recreational vehicles (RVs), including travel trailers, motorhomes, fifth wheels, and related parts and accessories across North America and Europe. Generates revenue primarily through the design, manufacture, and sale of RVs and components, and distributes products through independent and non-franchise dealers. Serves outdoor enthusiasts, families, and travelers seeking mobile leisure solutions, with a customer base spanning the United States, Canada, and Europe. Thor Industries is a leading manufacturer in the recreational vehicle sector, operating at scale with diversified product lines and a global footprint. The company leverages a dealer-based distribution network to reach a broad customer base and sustain recurring revenue through both vehicle sales and aftermarket parts. Its strategic focus on product innovation a...
T1 Energy (NYSE:TE), a solar module and cell supplier, closed Thursday at $8.72, up 0.23%. The stock moved as traders continued reacting to sharp swings tied to a short-seller report and bullish pushback from Roth Capital, and investors are watching how volatility evolves around these opposing views. The company’s trading volume reached 79.1 million shares, which is about 282% above compared with ...
T1 Energy (NYSE:TE), a solar module and cell supplier, closed Thursday at $8.72, up 0.23%. The stock moved as traders continued reacting to sharp swings tied to a short-seller report and bullish pushback from Roth Capital, and investors are watching how volatility evolves around these opposing views. The company’s trading volume reached 79.1 million shares, which is about 282% above compared with its three-month average of 20.2 million shares. T1 Energy went public in 2020 and has fallen 11% since its IPO. How the markets moved today S&P 500 (SNPINDEX:^GSPC) added 0.18% to finish Thursday at 7,445.72, while the Nasdaq Composite (NASDAQINDEX:^IXIC) inched up 0.09% to close at 26,293. Within electrical equipment & parts, industry peers First Solar (NASDAQ:FSLR) closed at $248.88 (up 4.63%) and SunPower (NASDAQ:SPWR) ended at $1.07 (up 1.90%) as investors tracked solar demand trends. What this means for investors T1 Energy shares finished nearly flat despite heavy trading volume, following a sharp Wednesday rally of more than 25% that extended the stock’s one-month gain to more than 70%. Markets continued to weigh short-seller allegations against Roth Capital’s supportive view, while the company’s operating anchor remains its G1_Dallas module facility, where T1 maintained 2026 production guidance of 3.1 GW to 4.2 GW and cited progress in qualifying international cell vendors. Growing electricity needs from AI data centers are helping T1’s U.S. solar manufacturing strategy align with a broader infrastructure trend. The company is also building supply partnerships with Hemlock Semiconductor and Corning. Upcoming news about financing for the G2_Austin cell project and production at the Dallas facility will reveal if T1 can turn this momentum into real manufacturing growth. Should you buy stock in T1 Energy Inc. right now? Before you buy stock in T1 Energy Inc., consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stoc...
Gold moved in a narrow range as conflicting signals on the progress of US-Iran ceasefire talks continued to keep traders guessing over whether central banks may need to keep interest rates higher for longer to combat inflation. Bullion was trading around $4,542 an ounce, little changed from a week earlier. Tehran is in the process of responding to a text submitted by the US, which “has narrowed th...
Gold moved in a narrow range as conflicting signals on the progress of US-Iran ceasefire talks continued to keep traders guessing over whether central banks may need to keep interest rates higher for longer to combat inflation. Bullion was trading around $4,542 an ounce, little changed from a week earlier. Tehran is in the process of responding to a text submitted by the US, which “has narrowed the gaps to some extent,” the semi-official Iranian Students’ News Agency reported on Thursday, without saying where it got the information. While that signaled progress, a Reuters report that Supreme Leader Mojtaba Khamenei issued a directive that the country’s near-weapons-grade uranium should not be sent abroad initially sent oil prices higher. Then President Donald Trump said he opposed efforts by Iran and Oman to establish some form of permanent toll system through Hormuz. The conflicting statements on key issues left it unclear if the two sides were any closer to a deal. Read More: Progress in Iran Talks Undercut by Divide Over Uranium, Tolls For gold traders, this means concerns continue to simmer that the Federal Reserve and other central banks may have to hike rates to contain inflation fueled by rising energy costs. Bullion typically performs well in a lower rate environment, since the metal pays no interest. The precious metal has traded in a tight range since falling sharply in the early days of the conflict, as investors weigh higher rates against the prospect of a high-inflation, low-growth scenario. Bullion is down nearly 14% since the war erupted in late February. Spot gold was little changed at $4,542.64 an ounce at 6:16 a.m. in Singapore. Silver was up 0.1% to $76.73. The Bloomberg Dollar Spot Index , a gauge of the US currency, ended the previous session steady.
Archon Capital Management initiated a new position in Tenable (NASDAQ:TENB) , acquiring 519,002 shares in the first quarter for an estimated $10.89 million based on quarterly average pricing, according to a May 14, 2026, SEC filing. According to its SEC filing dated May 14, 2026, Archon Capital Management LLC initiated a new position in Tenable (NASDAQ:TENB) , acquiring 519,002 shares during the f...
Archon Capital Management initiated a new position in Tenable (NASDAQ:TENB) , acquiring 519,002 shares in the first quarter for an estimated $10.89 million based on quarterly average pricing, according to a May 14, 2026, SEC filing. According to its SEC filing dated May 14, 2026, Archon Capital Management LLC initiated a new position in Tenable (NASDAQ:TENB) , acquiring 519,002 shares during the first quarter. The estimated transaction value, based on the quarter's average share price, was $10.89 million. At quarter-end, the stake was valued at $8.78 million, reflecting the position's market value after accounting for price changes during the period. Tenable is a leading provider of cyber exposure solutions, supporting organizations in managing and reducing cyber risk across diverse digital environments. The company leverages a broad portfolio of cloud-based and on-premises platforms to deliver continuous vulnerability assessment and risk prioritization. With a global footprint and a focus on innovation, Tenable maintains a competitive edge by addressing the evolving security requirements of large enterprises and public sector clients. Continue reading
It’s been almost three months since the start of the Iran war and its concomitant blockage of the Strait of Hormuz. Energy prices have spiked all over the world, and fear is rising about what comes next for the global economy. Well, if the strait doesn’t open by August, markets may find out the hard way. So says Rapidan Energy Group, which warned the continued closure of the waterway through summe...
It’s been almost three months since the start of the Iran war and its concomitant blockage of the Strait of Hormuz. Energy prices have spiked all over the world, and fear is rising about what comes next for the global economy. Well, if the strait doesn’t open by August, markets may find out the hard way. So says Rapidan Energy Group, which warned the continued closure of the waterway through summer raises the risk of a recession that may rival the global financial crisis . What You Need to Know Today Iran says slight progress has been made toward ending the war, pointing to an exchange of messages with the Trump administration. The negotiations are said to be based on Iran’s 14-point text from several weeks ago, which set forth a short-term deal in which Iran reopens the strait and the US lifts its blockade. The two sides would later negotiate over Tehran’s nuclear program. The White House, which initially balked at the proposal, warmed to it in recent weeks. But remarks from Iran’s supreme leader Thursday about its uranium stockpile may have chilled matters again . Trump, meanwhile, is under pressure at home amid record-low approval ratings and painfully high gas prices. Even a few Republicans in Congress showed signs of shelving the party’s lockstep fealty when it came to the war, which has been waged without Congressional approval. Thousands have been killed in Iran and Lebanon since the US and Israel started the conflict. Iran recently responded to threats from Trump by saying it would retaliate beyond the Middle East if hostilities resumed. Axios , citing unidentified sources, reported yesterday that Trump and Israeli Prime Minister Benjamin Netanyahu had a tense call amid discussions of a peace deal. Though it didn’t give details on what was said, the Israeli leader has been keen to resume strikes . If fighting were to resume, it would arguably resurface the issue of depleted US armaments. The Washington Post reported Thursday, citing unidentified US officials...
greenbutterfly/iStock via Getty Images AeroVironment, Inc. ( AVAV ) has been crushed YTD, with the stock down nearly 36%. This is in stark contrast to most names in the aerospace & defense sector that have done exceptionally well on the back of Venezuela and Iran headlines, as well as increased global defense spending. With fiscal Q4 earnings on the way in a few weeks, I believe the company can st...
greenbutterfly/iStock via Getty Images AeroVironment, Inc. ( AVAV ) has been crushed YTD, with the stock down nearly 36%. This is in stark contrast to most names in the aerospace & defense sector that have done exceptionally well on the back of Venezuela and Iran headlines, as well as increased global defense spending. With fiscal Q4 earnings on the way in a few weeks, I believe the company can stop its streak of revenue and earnings misses and deliver a solid result, with clear tailwinds flowing into 2027. Drawing a line in the sand on earnings estimates will go a long way for the stock, and I start coverage with a Buy rating. Business Profile AeroVironment is an Arlington, VA-headquartered defense technology company with capabilities across nearly every possible vertical: air, land, sea, space, and cyber. The company builds and deploys autonomous systems, precision strike systems, counter-UAS (uncrewed aircraft systems) technologies, space-based platforms, and cyber systems. The company has two business segments: Autonomous Systems and Space, Cyber, and Directed Energy. Autonomous systems primarily include UAS, counter-UAS, precision strike, and a wide variety of other systems, including MacCready Works, which is the company's innovation engine designed to produce next-generation capabilities. The Space, Cyber, and Directed Energy segment produces much more on the namesake, including digital beamforming technology, laser communications, and directed energy systems like the Locust Laser Weapon System, commonly referred to as LWS. As a result, the company plays into a rather large target market spanning offensive and uncrewed systems to defensive systems, space tech, and next-generation capabilities. Based upon the $75 billion TAM outlined below, the company has only about 1.5% market share , creating a long runway for growth. Investor Presentation Source: Investor Presentation. In terms of mix, there are a few things investors should note. The company gets 45% of i...
Image source: The Motley Fool. Thursday, May 21, 2026 at 5 p.m. ET CALL PARTICIPANTS Founder & Chief Executive Officer — Eric S. Yuan Chief Financial Officer — Michelle Chang Head of Investor Relations — Charles Eveslage Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Total Revenue -- $1.24 billion, representing 5.5% year-over-year growth and $14 million above the high e...
Image source: The Motley Fool. Thursday, May 21, 2026 at 5 p.m. ET CALL PARTICIPANTS Founder & Chief Executive Officer — Eric S. Yuan Chief Financial Officer — Michelle Chang Head of Investor Relations — Charles Eveslage Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Total Revenue -- $1.24 billion, representing 5.5% year-over-year growth and $14 million above the high end of guidance. -- $1.24 billion, representing 5.5% year-over-year growth and $14 million above the high end of guidance. Enterprise Revenue -- Increased 7.2% year over year, making up 61% of total revenue, up 1 point. -- Increased 7.2% year over year, making up 61% of total revenue, up 1 point. Enterprise Customers ($100K+ TTM) -- Up 8%, now contributing 33% of total revenue, up 1 point. -- Up 8%, now contributing 33% of total revenue, up 1 point. Net Dollar Expansion Rate (Enterprise) -- Improved to 99% for the trailing 12 months. -- Improved to 99% for the trailing 12 months. AI Companion Monthly Active Users -- Paid MAUs rose 184% year over year, primarily from early adoption of AI Companion 3.0. -- Paid MAUs rose 184% year over year, primarily from early adoption of AI Companion 3.0. Product Launch (MyNotes) -- Surpassed 1.5 million monthly active users within four months of launch, excluding trial users. -- Surpassed 1.5 million monthly active users within four months of launch, excluding trial users. Zoom Phone ARR Growth -- Mid-teens percentage increase, with customer examples including Baptist Health selecting Zoom Phone for a 16,000-employee deployment. -- Mid-teens percentage increase, with customer examples including Baptist Health selecting Zoom Phone for a 16,000-employee deployment. Non-GAAP Gross Margin -- 79.9%, up 70 basis points year over year due to ongoing cost optimization. -- 79.9%, up 70 basis points year over year due to ongoing cost optimization. Non-GAAP Operating Margin -- 41.1%, up 130 basis points compared to last year, mainly due to amortizati...