Today's Stock Investing Pulse
Indian investors urged to add global exposure as rupee hits record low
On May 20 2026 the rupee fell to a record low of Rs 96.97 per dollar, underscoring the urgency for Indian investors to seek foreign exposure. Since the 1991 liberalisation the currency has depreciated about 5% annually, and it dropped 12% in the past year driven by high oil prices, foreign‑portfolio outflows of roughly ₹2.2 trillion ($23 billion) and a persistent inflation gap.
AKVA Group ASA: Q1 2026 Financial Reporting
AKVA Group posted Q1 2026 revenue of NOK 1.14 bn (≈$125 m), a 13% rise year‑over‑year, and a record EBITDA of NOK 153 m (≈$17 m). Order intake hit NOK 1.49 bn (≈$164 m) and the backlog climbed to NOK 2.83 bn (≈$311 m), underscoring strong demand across its Sea Based, Land Based and Digital segments. The company completed a full acquisition of Submerged AS and announced a strategic review that could culminate in a sale of the entire platform later this year. A NOK 1 per share dividend was paid in April.
Revenue Rises, Profit Plummets as Wine Tourism Hits 100 Cr
Sula Vineyards reported Q4FY26 revenue of INR 142.56 crore, up 7.1% YoY, with Wine Tourism crossing INR 100 crore annually for the first time. FY26 consolidated net profit fell to INR 25.65 crore from INR 70.20 crore in FY25, impacted...
Sony Announces $3 Billion Buyback as Memory Prices Take Toll
Sony Group Corp. announced a share buyback of up to ¥500 billion ($3.2 billion), while projecting an operating profit of ¥1.6 trillion (about $10.3 billion) for the fiscal year ending March 2027. The forecast represents an 11% increase year‑over‑year and is broadly in line with...
Himax Technologies (HIMX) Hits 4-Year High on Upbeat H2 Outlook
Himax Technologies (NASDAQ:HIMX) surged 30% to close at $16.03, hitting a four‑year high after issuing an upbeat second‑half outlook. The company reported a 60% drop in net income to $7.99 million and a 7.4% revenue decline to $199 million year‑over‑year, citing AI‑driven...
Scott Kennedy’s mREIT + BDC Earnings Series: Assessing Chimera Investment’s and Blackstone Secured Lending’s Performance For Q1 2026
Scott Kennedy’s latest earnings series evaluates Chimera Investment Corp.’s Q1 2026 mREIT results alongside Blackstone Secured Lending’s Q1 2026 BDC performance. Chimera delivered a 7.2% total return, with its NAV per share climbing to $12.45, driven by higher mortgage‑backed security yields and...
China Rotation Fuels 19% Gains in Three Ex-China ETFs in 2026
The iShares MSCI Emerging Markets ex China (EMXC), Columbia EM Core ex‑China (XCEM) and SPDR MSCI Emerging Markets Strategic Factors (QEMM) each delivered double‑digit year‑to‑date returns, with QEMM up 19% and the other two topping 27%. The rally reflects a...
MarketAxess Q1 Beats Forecasts, Lifts Energy‑Services Shares
MarketAxess Holdings reported Q1 2026 earnings of $2.25 per share on $233 million revenue, surpassing Wall Street forecasts. The surprise results sent the stock up 2.57% pre‑market and sparked gains in related energy‑services equities.
ESS Shifts to Long‑Duration Energy, Small 202
Macro: ESS pivots to long-duration Energy Base; rev -79% on ramp. Key: cost cuts, SRP/Google & DoD contracts, better adj EBITDA. Risks: runway, execution. Trade: small buy into 2027 catalyst. — Viktor Kopylov, PhD, CFA More insights: t.me/si14Kopylov
No AI, Poor Returns Drive Indian Investors to Foreign Markets
Indian investors, traditionally concentrated in domestic equities, are increasingly allocating capital to overseas markets. A prolonged period of weaker relative returns at home, combined with a lack of AI-driven investment tools, has eroded confidence in local assets. The shift follows...
Affirm Earnings Put Consumer Credit, Private Credit in Focus
Affirm reported a strong quarter, with gross merchandise volume climbing 35% year‑over‑year to $11.6 billion and revenue rising 33% to $1.04 billion. Delinquency rates remained flat, with 30‑plus‑day loans at 2.8% and 90‑plus‑day at 0.7%, indicating stable borrower performance. The company highlighted...
The ROIC Engine
The article argues that return on invested capital (ROIC) is the fundamental engine behind sustainable earnings growth. It explains that high ROIC, not just headline earnings, enables companies to generate cash efficiently after the initial capital build‑out. The piece advises...
SEBI Issues First List of 48 ‘Significant Indices’, Sets $2.4 Bn AUM Threshold
On May 5, 2026 SEBI released circular HO/47/17/12(8)2025‑MRD‑POD2, formally naming 48 “Significant Indices” – including Nifty 50 and BSE Sensex – and mandating registration for index providers with assets of at least ₹20,000 cr (≈ $2.4 bn) by Nov 5, 2026. The move brings India’s fast‑growing passive‑fund...
SoundHound’s Stock Falls as Acquisitions Weigh on Earnings Results
SoundHound AI reported Q1 revenue of $44.2 million, up 52% year‑over‑year and ahead of the $42.6 million consensus, but posted an adjusted loss of 6 cents per share, missing the 4‑cent expectation. The earnings miss sent the stock down 12% in after‑hours trading....
Corning Shares Reach $195.81, New 52‑Week High on Glass‑Tech Demand
Corning Inc. (NYSE:GLW) surged to a $195.81 intra‑day high, closing at $184.72, after reporting an 18.1% revenue jump to $4.35 billion and beating EPS estimates. The rally prompted several analyst upgrades and a $0.28 quarterly dividend, underscoring the stock’s momentum in...
Adyen Posts Solid Q1 2026 Results, Announces Talon.One Acquisition as Shares Slip 0.9%
Adyen posted solid first‑quarter earnings and confirmed a deal to buy promotion‑engine Talon.One. The Dutch payments group’s shares fell 0.91% to €948.90 ($1,025) in early trading, reflecting a cautious market reaction despite the upbeat update.
RMR Stable, Fees Resilient—Buy Dips for FY27 Growth
RMR: operationally stable; fee‑earning AUM resilient despite incentive‑fee timing. Adjusted EBITDA steady; 72% payout coverage. Risk: fee timing/REIT sales. Trade: buy dips into FY27 fees 📈 — Viktor Kopylov, PhD, CFA More insights: t.me/si14Kopylov
Strong Free Cash Flow Fundamentals Boost Gold, Silver Miners
Fundamentals for increasing free cash flow so good for gold and silver miners. $gdx $sil https://t.co/zgUAI5BVoi
For 70 Years, Whirlpool Paid a Dividend. Suddenly It Can’t Afford One.
Whirlpool Corp., the century‑old appliance maker, announced it will suspend its quarterly dividend, ending a 70‑year streak of payouts. The decision follows a severe cash‑flow crunch that has left the company unable to fund both shareholder returns and debt obligations....
Home Depot (HD): Our Calculation of Intrinsic Value
Home Depot’s discounted cash‑flow model yields an intrinsic share price of roughly $235‑$240, well below its current trading level near $329. The analysis assumes an 8% discount rate, 3% terminal growth and projects free cash flow climbing to $17 billion by...
Deeply Undervalued Global Medical Device Company – Embecta Corp. (EMBC)
Embecta Corp. (EMBC) is a global diabetes‑care device maker trading at an IV/P of 1.90 and an Acquirer’s Multiple of 5.03, suggesting significant undervaluation. The company posted $1.08 billion in revenue, $140 million net income and $206 million free cash flow, while maintaining...
Negative Fed Model Forecasts Market Boom, Then Bust
Understanding the Fed model went negative by over 300 basis points in the 90's before the market doubled followed by everyone losing everything https://t.co/JKFm1T5RcL
Essent Group Ltd (ESNT) Q1 2026 Earnings Call Transcript
Essent Group reported $690 million net income for 2025, delivering a 12% return on average equity and a 13% rise in book value per share. Mortgage insurance in force grew 1.9% to $248.4 billion, while the default rate edged higher to 2.5%...
Castellum Inc (CTM) Q1 2026 Earnings Call Transcript
Castellum Inc (CTM) posted a record first‑quarter, delivering $2.5 billion in revenue, a 24% year‑over‑year increase, and net income of $196 million. Adjusted EBITDA, excluding metal‑price lag, hit an all‑time high of $262 million, up 78% and driving a revised 2026 guidance of...
Century Casinos Inc (CNTY) Q1 2026 Earnings Call Transcript
Century Casinos reported a strong start to 2026, with adjusted EBITDAR of $24.9 million and adjusted EBITDA jumping 80% to $7 million. Revenue and EBITDA grew across all U.S. properties, highlighted by a 285% surge in sports‑betting at Mountaineer and double‑digit iGaming...
Hawaiian Electric Industries Inc (HE) Q1 2026 Earnings Call Transcript
Hawaiian Electric Industries completed the first $479 million payment under its Maui wildfire settlement, removing a major legal liability. The utility filed a joint rate‑rebasing proposal that would lift consolidated base rates by about 5.3% over two years, translating to an...
Sharplink Inc (SBET) Q1 2026 Earnings Call Transcript
Sharplink Inc. reported Q1 2026 revenue of $18.4 million, a 3% decline driven primarily by a 17% drop in software sales. Services revenue rose 16% to 52% of total, boosted by a 42% surge in commercialization services and an 18%...
Dauch Corp (DCH) Q1 2026 Earnings Call Transcript
Dauch Corporation finalized the $4.2 billion acquisition of Dauch Group plc, GKN Automotive and GKN Powder Metallurgy in February 2026, rebranding from American Axle & Manufacturing Holdings. The combined entity posted flat Q4 sales of $1.38 billion and a full‑year 2025 GAAP...
Sylvamo Corp (SLVM) Q1 2026 Earnings Call Transcript
Sylvamo Corp reported a solid 2025 with $448 million adjusted EBITDA (13% margin), $44 million free cash flow and a 12% return on capital, while returning $155 million to shareholders. The company flagged 2026 as a transition year, citing $95 million of one‑time adjusted...
Oshkosh Corp (OSK) Q1 2026 Earnings Call Transcript
Oshkosh Corp reported Q4 2025 revenue of $2.7 billion, a 3.5% year‑over‑year increase, driven by higher Access sales volume and stronger Vocational pricing. Adjusted operating income fell to $226 million, pushing the operating margin to 8.4% as product mix and tariff pressures...
PPL Corp (PPL) Q1 2026 Earnings Call Transcript
PPL Corp reported Q1 2026 earnings of $1.81 ongoing EPS, a 7.1% year‑over‑year increase that hit the midpoint of its guidance. The utility announced a $23 billion capital plan through 2029, adding $3 billion of equity needs and raising its quarterly dividend...
AMC Global Media Inc (AMCX) Q1 2026 Earnings Call Transcript
AMC Networks reported $2.3 billion revenue for 2025 and generated $272 million free cash flow, surpassing its raised outlook. Streaming revenue grew 12% year‑over‑year, becoming the company’s largest domestic revenue source and driving the highest‑ever streaming engagement. The firm reduced gross debt...
TOMI Environmental Solutions Inc (TOMZ) Q1 2026 Earnings Call Transcript
H2O America reported Q1 2026 GAAP EPS of $0.49 and adjusted EPS of $0.50, both flat year‑over‑year despite a 15% rise in net income. The company completed a $700 million equity offering, five‑times oversubscribed, to fund capital needs through 2027. It...
Madison Square Garden Sports Corp (MSGS) Q3 2026 Earnings Call Transcript
Madison Square Garden Sports Corp. reported Q3 2026 revenue of $403.4 million, a 13% year‑over‑year increase, and adjusted operating income of $29.7 million, up $9.4 million. Growth was driven by higher per‑game ticket, suite, sponsorship and merchandise sales, as well...
Strawberry Fields Reit Inc (STRW) Q1 2026 Earnings Call Transcript
Strawberry Fields REIT (STRW) closed 41 properties worth $145 million in Q1, delivering a 7.5% initial cash yield and extending the weighted average lease term to 19 years. Occupancy climbed to 98.6% and new leases were signed at rents roughly 10%...
Global Partners LP (GLP) Q1 2026 Earnings Call Transcript
Global Partners LP reported Q4 2025 adjusted EBITDA of $94.8 million, slightly below the prior year, while net income rose to $25.1 million. Distributable cash flow fell to $38.4 million, yet the company raised its quarterly distribution to $0.76 per unit for the...
Koppers Holdings Inc (KOP) Q1 2026 Earnings Call Transcript
Koppers Holdings reported a record‑high adjusted EBITDA of $256.7 million, delivering a 13.7% margin, while adjusted earnings per share reached $4.07 for the sixth consecutive year. Annual sales slipped 10% to $1.9 billion as all three segments posted lower revenue, but...
Calumet Inc (CLMT) Q1 2026 Earnings Call Transcript
Calumet reported full‑year 2025 adjusted EBITDA of $293 million, roughly a 30 % increase year‑over‑year, while slashing restricted debt by more than $220 million and improving net leverage to 4.9 ×. The company closed a Department of Energy loan for its Montana Renewables unit,...
Interface Inc (TILE) Q1 2026 Earnings Call Transcript
Interface Inc. reported record 2025 results, delivering $1.39 billion in net sales (5.4% reported growth, 4.3% currency‑neutral) and a 39% adjusted gross margin, the highest in company history. The One Interface strategy drove double‑digit billings growth in health‑care (21%) and education...
Fluor Corp (FLR) Q1 2026 Earnings Call Transcript
Fluor Corp reported $12 billion in new awards for 2025 and completed a $2 billion monetization of its NuScale investment, with additional proceeds expected in early 2026. Share repurchases of $754 million in 2025 and $335 million so far this year cut the float...
LENSAR Inc (LNSR) Q1 2026 Earnings Call Transcript
Bausch + Lomb reported first‑quarter 2026 revenue of $1.244 billion, a 6% constant‑currency increase, and adjusted EBITDA of $200 million, up 59% year‑over‑year with a 16.1% margin. Premium product mix rose sharply, with U.S. premium sales climbing to 26% of the segment and global...
Block Raises 2026 Outlook After First-Quarter Earnings Beat, Accelerating Gross Profit Growth
Block Inc. posted fiscal 2026 Q1 adjusted earnings of $0.85 per share, surpassing forecasts, on $6.06 billion revenue, up 4.9% YoY. Gross profit jumped 27% to $2.91 billion, delivering a record 25% operating margin, while Cash App profit rose 38% and Bitcoin...
Gran Tierra Energy Inc. Reports First Quarter 2026 Results
Gran Tierra Energy reported Q1 2026 results, posting average working‑interest production of 45,497 boepd, a modest dip from prior periods. The company sold its Simonette Montney block for $49 million, boosting cash to $125 million and repaying $133 million of debt. It also signed an...
Meta's AI Spend Isn’t Pure Speculation, Says Analyst
Wrote up Meta's Q1. The market is treating all of the AI capex as one big speculative bet. Most of it isn't, and I think that's where the disconnect is. https://www.steadycompounding.com/investing/meta-q1-2026/
Omada Health Hits 1M Members, Boosts Revenue 42%
@OmadaHealth just reported a milestone Q1 2026 💪 Very proud of the team for: 💡 1M+ Total Members, a first in our history 💡 Revenue +42% YoY to $78M 💡 GAAP net loss narrowed to $3M; positive Adjusted EBITDA (non-GAAP) in our highest-cost quarter 💡...
LTC Properties’ Malin Cites ‘Attractive’ Pricing for Nursing Home Assets Amid Limited Sector Headwinds
LTC Properties said it will sell skilled‑nursing facilities only opportunistically, using proceeds to fund higher‑growth senior‑housing‑operating‑portfolio (SHOP) assets. The REIT highlighted an EBITDAR coverage ratio approaching two‑times, underscoring the strength of its remaining SNF holdings. About $265 million from recent SNF...
Falling Freight Rates Drive Maersk to Q1 Loss in Shipping Segment
Maersk’s ocean‑shipping division recorded a $192 million EBIT loss in Q1 as freight rates fell 14% while volumes rose over 9%. The loss was driven primarily by a two‑thirds jump in bunker fuel costs, adding roughly $500 million each month. Despite the...
B2Gold Beats Output, Cost Expectations
B2Gold reported first‑quarter gold output of 237,763 ounces, driven by a 25% production jump at its flagship Fekola mine in Mali and strong early results from the newly‑commercial Goose mine in Canada. Net income reached US$205.5 million, with adjusted earnings of...
Low P/B Doesn't
A low P/B stock isn't cheap. It's priced low. There's a difference. Book value is only as honest as the assets behind it. Write down the bad loans, the obsolete inventory, the goodwill someone overpaid for, and that "bargain" starts looking...
PWRD: Solving the $5 Trillion Power Constraint
The TCW Transform Systems ETF (PWRD) has attracted over $1.5 billion in assets by targeting the United States’ aging power‑grid infrastructure rather than speculative clean‑tech startups. The fund posted a 20.7% year‑to‑date gain and saw $332.75 million of net inflows, reflecting investor...
Great Thesis Beats Diversification: Concentrate Your Bets
Stan Druckenmiller on diversification "Diversification is really overrated. If you've really got a great thesis, and you've analyzed the risk reward, put all your eggs in a couple baskets, or in one basket, and then watch the basket very closely."