Today's Stock Investing Pulse
Devon Energy’s $8B Marcellus Asset Offer Signals Aggressive Growth Post-Merger
Devon Energy completed its merger with Coterra, creating a larger diversified oil and gas operator. Stone Ridge Asset Management has signaled an $8 billion opening offer for Devon’s Marcellus assets, and the combined company expects to lift its dividend by roughly 30%.
Stephen Gorenstein: Why War Hasn’t Shifted Fundie’s View on Gold and Critical Minerals
Stephen Gorenstein of the SGH Ari Fund says the Iran war and a hawkish Fed chair nomination have rattled gold prices, but his long‑term thesis on gold and critical minerals stays intact. The fund posted a 95.4% gain in calendar year 2025 driven by those positions, even as spot gold fell from a record US$5,500/oz to around US$4,700/oz. Gorenstein expects the Federal Reserve to keep cutting rates this year, which he believes will support gold and keep central banks net buyers. He also highlights strong margins and cost discipline as key for miners, naming Ramelius Resources, PC Gold and Many Peaks as top picks.
Earnings Growth Drives Market Gains, Balancing Valuations
The forward earnings estimate has been growing at a robust 17% annual rate and the momentum has thus far not been affected by the headlines. This strength has beenenabling the cycle to become more balanced between valuation and earnings. As of...
2026 S&P 500 Reflexive Forecast - April 9, 2026
The research firm released its first full‑year S&P 500 forecast, projecting the index to close near 6,800 by the end of 2026. The outlook hinges on a six‑week Iran conflict that triggered the largest oil‑supply shock in modern history, a newly...
We're Making Assumptions About the Economy that Could Prove Disastrously Wrong
a16z partner David Ulevitch warns that long‑standing assumptions behind venture and bank lending are eroding. Hardware and other previously ignored sectors are gaining attention, while AI has upended enterprise‑software valuations, leading to loan defaults. Banks have shifted roughly $1.3 trillion into...
Investors Bet Wrong AI Layer; Profits Flow Elsewhere
“The layer you’re investing in may not be where the profits end up.” On the latest @excessreturnpod, we sit down with GMO's Tom Hancock to discuss their excellent recent paper Hype vs. High Conviction. We cover: ☑️the 4-layer AI stack and where...
Meta's Muse Could Boost Stock by $1 Trillion
If Open AI and Anthropic is worth $800 billion, then Meta's new Muse models should add $1 trillion to $META stock, given its vastly superior distribution with 3.5 billion users.
Featured Stock From Our Most Attractive Model Portfolio for April 2026
New Constructs released its April 2026 Most Attractive Model Portfolio, adding 12 new stocks on April 2 for Professional members and above. The March portfolio outperformed the S&P 500 by 1.9%, with 21 of 40 stocks beating the benchmark. Their Very Attractive...
Featured Stock From Our Most Dangerous Model Portfolio for April 2026
New Constructs released its April 2026 Most Dangerous Model Portfolio, adding ten new short‑position stocks for Pro members. In March, the short portfolio outperformed the S&P 500 by 0.1%, with the top large‑cap short down 22% and the top small‑cap short...
Is Nvidia (NVDA) The Best AI Stock Pick of Billionaire Ken Fisher?
Billionaire investor Ken Fisher has placed a $16.05 billion stake in Nvidia, ranking it as his top AI pick. Despite a 4.5% share decline over six months, Nvidia’s new Vera Rubin (R100) architecture targets agentic AI and could push data‑center revenue...
AXON Appears Attractive at 350‑355 With 30% EPS Growth Potential
In my opinion, $AXON is starting to look attractive for the first time in a long time... down -60% from the highs... still a little too expensive however there's a decent chance this company will compound EPS at a 30%...
US ETF AUM Could Triple
Citi: US ETF AUM may reach $25T by 2030 from $10.4T. Drivers: active ETFs, innovation, easier regs. Risks: flow reversals, market stress. Trade: raise exposure to selective active ETFs. — Viktor Kopylov, PhD, CFA More insights: t.me/si14Kopylov
Sony Group Corporation (SONY) to Acquire Cinemersive Labs
Sony Group announced on April 3, 2026 that it will acquire UK‑based Cinemersive Labs, a machine‑learning and computer‑vision firm founded in 2022. The team will be folded into Sony Interactive Entertainment’s Visual Computing Group to accelerate AI‑driven visual fidelity in...
Andy Jassy Makes It Clear Giving up on Amazon's Stock Would Be an Expensive Mistake
Amazon’s CEO Andy Jassy used his annual shareholder letter to defend a $200 billion capital‑expenditure plan focused on AI, logistics and satellite internet. While the stock rose 4.5% after the announcement, it remains flat year‑to‑date and faces projected negative free‑cash‑flow of...
Roth Capital Maintains Buy Rating on BitFuFu (FUFU)
Roth Capital kept a Buy rating on BitFuFu Inc. (NASDAQ:FUFU) but lowered its price target to $3 from $6, citing limited near‑term power capacity and uncertain growth visibility. The firm highlighted an 83% year‑over‑year surge in cloud mining revenue for...
Bilibili (BILI) Is Among the 7 Best Strong Buy Asian Stocks to Invest In
Bilibili Inc. received two analyst upgrades in March 2026, with Citi moving the rating to Buy at a $27 price target and JPMorgan raising its rating to Overweight with a $35 target. The upgrades followed Q4 results showing revenue of...
Reports Suggest Sazerac in Talks With Brown-Forman Following Rumors of Pernod Merger
Sazerac has entered talks with Brown‑Forman after rumors of a merger between Brown‑Forman and Pernod Ricard surfaced. The news sent Brown‑Forman’s stock up more than 11 percent, mirroring the reaction to earlier reports of discussions with Pernod. Brown‑Forman, valued at roughly...
Nike at $43: Buy Signal After Fire‑Sale
Full Deep Dive Thesis - Is #NKE a BUY now at $43? I have been receiving DMs. Nike’s stock has been hammered. The brand everyone thought was untouchable… now trading at fire-sale levels. Even Tim Cook just loaded up. So the question everyone’s asking:...
AI's Second Inning Promises Explosive Growth, Not a Bubble
Are we in an AI bubble? Andy Jassy gave his take in the $AMZN annual shareholder letter: “I’ve followed the public debate on whether this technology is over-hyped, whether we’re in ‘a bubble,’ and if the margins and ROIC will be...
TCS Q4 Results: Staying in Purgatory for a While
Tata Consultancy Services posted a modest 1% beat in Q4 revenue, EBIT and net income, but the gain was largely expected and failed to excite investors. The company faces heightened uncertainty as AI‑driven revenue cannibalisation threatens traditional and digital services,...
Jefferies Raises Its Price Target on Kingsoft Cloud Holdings (KC) to $19
Jefferies analyst Thomas Chong raised his price target on Kingsoft Cloud Holdings (NASDAQ:KC) to $19, up from $17, while keeping a Buy rating. The broker highlighted that the company’s Q4 revenue of RMB2.761 billion and non‑GAAP EBITDA beat expectations, and EPS...
HSBC Initiates Coverage of Pony AI (PONY) with a Buy Rating
HSBC launched coverage of Pony AI (NASDAQ:PONY) with a Buy rating and a $16.60 price target, citing the company’s rapid fleet expansion and attractive risk‑reward profile. By the end of 2025 Pony AI operated 1,159 robotaxis, exceeding its 1,000‑vehicle goal,...
Sandisk’s Stock Is up 2,000% in a Year — and This Analyst Says It’s Still Being Underestimated
SanDisk’s shares have rocketed more than 2,000% over the last year, drawing attention from investors and analysts alike. Bernstein analyst Mark Newman outlined a “blue‑sky” scenario that could lift the stock another 300%, targeting a $3,000 per‑share price. The projection...
This Manufacturing Stock Made Josh Brown's List as It Gets Ready for a Big Move Higher
Flex Ltd. (FLEX), the former Flextronics, has transitioned from low‑margin consumer‑electronics assembly to high‑value Flex Reliability Solutions that design, build and manage critical components for automotive, medical, industrial and data‑center customers. The data‑center segment surged 50% year‑over‑year, lifting gross margins...
Oracle Posts 22% Revenue Rise on Cloud Surge, Stock Slides 26%
Oracle reported fiscal Q3 2026 revenue of $17.2 billion, up 22% year over year, powered by a 44% jump in cloud services and an 84% surge in cloud infrastructure. Despite the record sales, the stock is down about 26% YTD as...
11 Most Profitable Stocks In Each Sector So Far in 2026
The article ranks the most profitable stocks in each sector for 2026, using a filter of market caps above $2 billion and YTD price gains exceeding 20%. It highlights Almonty Industries’ 96.3% surge in basic materials and SABESP’s 31.6% rise in...
GameSquare Q4 2024 Earnings Show 7.6% Revenue Rise as Agency Segment Accelerates
GameSquare Holdings reported Q4 2024 revenue of $102.0 million, up 7.6% year‑over‑year, as its agency segment posted 115% growth. The company highlighted a $39 million divestiture of FaZe Media, a narrowed adjusted EBITDA loss and 2025 guidance that targets $100‑$105 million in revenue...
SpaceX Files Confidential IPO Paperwork, Eyes up to $2 Trillion Valuation
SpaceX has quietly submitted confidential IPO paperwork that could value the company at as much as $2 trillion, the largest public offering ever contemplated. The filing has triggered a wave of secondary‑market activity, a $5 million investment from Jet.AI, and an unprecedented...
Robertet Group : Strong Organic Growth and Improved Profitability in 2025
Robertet Group reported 2025 revenue of €843.9 million (≈$912 million), a 4.5% year‑on‑year increase and 7.6% organic growth. EBITDA rose 10.9% to €174.1 million, lifting the margin to 20.6% of revenue, up 120 basis points. The board proposed a €12 per‑share dividend (≈$13),...
This Utility Has Paid A Dividend For 100 Straight Years. The Stock Seldom Causes Trouble.
Duke Energy (DUK) has maintained a 100‑year consecutive dividend record, offering a 3.2% yield. The utility is accelerating growth by securing 4.5 GW of data‑center load, including a recent 1.5 GW deal with Microsoft and Compass, slated for 2027‑28. Morgan Stanley lifted...
When CEOs Spend Millions Buying Low, They Trust Their Stock
5 signs a CEO actually believes in their own stock: 1. Open market purchase not option exercise - they chose to buy with their own cash 2. Purchase size over $1M - real money not a gesture 3. Stock is near 52-week low...
Morgan Creek's Yusko Says to Invest in 'Uncomfortable Areas' Now
In this episode, Morgan Creek’s Chief Investment Officer Mark Yusko argues that the best opportunities lie in areas that make investors feel uncomfortable, highlighting the need to look beyond popular, over‑bought stocks. He discusses the current market volatility, the appeal of...
Emerging Markets Outlook: Has the Asset Class Finally Turned a Corner?
Emerging‑market equities have finally outpaced U.S. stocks, delivering their widest performance gap in years after a decade‑plus of under‑performance. The Wealth Enterprise Briefing attributes the shift to stronger balance sheets, improved profitability and accelerating earnings momentum. The composition of the...
Favorable Sentiment Prevails for Valley National Bancorp (VLY) Despite Private Credit Risks
Valley National Bancorp (VLY) saw mixed analyst sentiment in March, with Morgan Stanley cutting its price target to $14 while maintaining an Overweight rating, and Cantor Fitzgerald raising its target to $16, also Overweight. The revisions reflect broader banking concerns...
Here’s Why Lattice Semiconductor (LSCC) Surged in Q1
Lattice Semiconductor (LSCC) surged in Q1 2026, closing at $106.56 and delivering a 23.2% one‑month gain and a 152% increase over the past year. The company posted $145.8 million in Q4 revenue, up 24.2% year‑over‑year, reflecting strong demand for its low‑power...
ClearBridge Investments Small Cap Growth Strategy’s Q1 2026 Investor Letter
ClearBridge Investments released its Q1 2026 commentary for the Small Cap Growth Strategy, noting that the Russell 2000 Growth Index fell 2.8% amid shifting technological and geopolitical narratives. Despite the broader decline, small‑cap equities delivered solid performance, with the strategy outpacing...
Which FTSE 100 Stocks Pay the Highest Dividends?
Analysts expect the FTSE 100 to generate a record £88 billion (about $113 billion) in dividends in 2026, with the ten biggest payers accounting for £45.7 billion (~$58 billion) or 52% of the total. HSBC tops the list with an estimated £10.7 billion ($13.7 billion) payout, followed...
Mel Lagomasino in Crain Currency: Separating Fundamentals From Sentiment in 2026
WE Family Offices CEO Mel Lagomasino argues that family offices must separate genuine fundamental shifts from market noise to preserve long‑term stewardship. He warns that reactive, sentiment‑driven decisions can undermine carefully built allocation strategies and dilute multigenerational compounding. The piece...
THE INCOMING COPPER SQUEEZE: The Middle East Reconstruction Shock + the Historic Demand Stack + the Declining Supply = the...
The recent conflict in Iran and broader Middle‑East unrest has triggered a massive reconstruction effort that will require between 5,000 and 15,000 metric tons of copper over the next decade. This demand adds to an already historic deficit driven by...
Omai Poised for G2‑scale Valuation After Deal Alignment
A deal that always made operational/synergistic sense finally had the numbers align Logical flow forward of funds here will be Omai $OMG.V If G2 goes for ~C$2.6 billion with <4 million ounces in resources, have to think Omai has clear line...
S&P Equal‑Weighted Index Holds Trend, Forward P/E 18.2
Taking a longer look, we can see below that the S&P 500 equal-weighted index is right on its rising trendline, while the forward P/E ratio is at 18.2x. It’s hard to accuse the market of being over-extended, at least in...
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How I'm Talking to New Clients About Risk Tolerance
Advisors often meet new clients who view stocks as overly risky, yet long‑term equity exposure is essential for wealth building. By distinguishing short‑term volatility from permanent capital loss, they can reframe risk tolerance around time horizons and cash‑flow needs. Historical...
S&P 500 Swings 4‑5% Weekly, P/E At
The S&P 500 index has continued to fluctuate in an elevated range (4-5% per week), as markets try to find their footing amid the conflicting headlines. The trailing P/E ratio is now 23.3x and the implied equity risk premium is...
AI Won’t Crush Software Firms; Incumbents Will Thrive
Claude isn't going to destroy all software businesses. Incumbents in infrastructure software and cybersecurity will benefit from AI. They have deep pockets, enterprise customer relationships and are too deeply integrated. The market appears to be getting too pessimistic.
Odyssey Marine Shares Jump 90% on $1 B American Ocean Minerals Merger
Odyssey Marine Exploration (OMEX) shares surged 90.62% to $1.58 after the company agreed to merge with American Ocean Minerals Corp. in an all‑stock transaction valuing the combined entity at roughly $1 billion. The deal includes a $150 million private‑placement, a $75 million pre‑public...
AI Boosts $NOW Amid Wild Drawdown and Mispricing
$NOW drawdown is wild. AI will accelerate its business meaningfully. The SaaS repricing is real, but this one is now wildly mispriced and underestimated.
Elevated Oil Prices Trigger Lagging Earnings Downgrades
Oil price impacts are likely to start showing up in negative earnings revisions this month. History suggests elevated oil prices have a lagged impact on fundamental conditions, and as long as oil prices remain somewhat elevated, downward revisions may remain...
Snap's Health Ad Push Triggers 1.5% Stock Dip Amid Investor Skepticism
Snap unveiled a health‑centric advertising platform, but its shares fell 1.5% to $4.73 as investors questioned whether healthcare ad spend can become a lasting growth engine. The dip comes amid ongoing child‑safety lawsuits, an EU probe and activist pressure.
Points 5 and 6 Define Cycle Durability, Not
I liked the $AMZN shareholder letter. I take point 4 with a grain of salt (trn is largely AWS as a customer and Anthropic). Points 5 and 6 are most important for the "durability" of the cycle debate. https://t.co/X7zQDnJ6YM
Stocks and Bonds Both Riding Multi-Year Uptrend
oil up, or oil down, risk on, or risk off... one thing remains clear... stocks $SPX vs. bonds $TLT are in a multi-year uptrend... https://t.co/7V1yxCbBNO
Richardson Electronics Beats Forecast, COO Diddell Details Growth Strategy
Richardson Electronics reported Q1 revenue of $53.7 million, a 2.2% year‑over‑year increase, and beat analyst expectations. COO Wendy S. Diddell used the earnings call to highlight an 84% surge in Green Energy Solutions sales and a $10 million inventory expansion, prompting a...