Today's Stock Investing Pulse
Morgan Stanley upgrades ITM Power, lifts price target to 170p on accelerated EBITDA breakeven
Morgan Stanley upgraded ITM Power to overweight and raised its price target to 170 pence (≈$2.13) from 60 pence, citing an accelerated path to EBITDA breakeven in FY 28—one year ahead of consensus. The bank now forecasts FY 28 EBITDA of £13 million (≈$16 million) and revenue of £169 million (≈$211 million), a 54% premium over market expectations.
ARK CEO Cathie Wood Adds $71.5 M Amazon Stake, Trims AMD and Others
ARK Invest chief Cathie Wood bought roughly $71.5 million of Amazon stock on April 24, acquiring 280,450 shares while offloading $65.8 million of AMD and other positions. The move underscores her belief that AI growth is consolidating around a few hyperscalers and the power infrastructure that fuels them.
Viaplay Turns EBITDA Positive After Allente Deal, Shifts to ‘Value Over Volume’
Viaplay Group reported its first quarterly results that fully include the Allente pay‑TV acquisition, swinging EBITDA to a positive SEK101m ($11m) and free cash flow to SEK700m ($77m). The Swedish streamer said it will now prioritize “value over volume,” focusing...
Google's AI Stack Offers Massive Upside Potential
$GOOGL has plenty of upside from here. The most complete AI stack in the business. 👏🏻🚀
Old Dominion Freight Line Inc (ODFL) Q1 2026 Earnings Call Transcript
Old Dominion Freight Line reported Q2 2025 revenue of $1.41 billion, a 6.1% decline year‑over‑year, as LTL tons per day fell 9.3%. The operating ratio deteriorated to 74.6%, up 270 basis points, driven by higher overhead and employee benefit costs, which...
Avnet Inc (AVT) Q3 2026 Earnings Call Transcript
Avnet reported third‑quarter fiscal 2025 revenue of $5.3 billion, a 6% decline year‑over‑year but at the high end of its guidance, driven by strong performance in Asia and its Farnell segment. Adjusted diluted EPS came in at $0.84, beating the top...
Amarin Corporation PLC (AMRN) Q1 2026 Earnings Call Transcript
Amarin Corporation reported first‑quarter 2024 net revenue of $56.5 million, down from $86 million a year earlier, as U.S. sales fell amid generic competition. The company secured an extended European patent runway for VASCEPA through 2039, reinforcing its market position. European commercial...
Blackbaud Inc (BLKB) Q1 2026 Earnings Call Transcript
Blackbaud reported $281 million organic revenue for Q2, up 6.8% YoY, driven by transaction solutions and favorable currency effects. Adjusted EBITDA margin rose to 38.5%, a 300‑basis‑point improvement, while non‑GAAP EPS increased 12% to $1.21 and free cash flow grew to...
Penske Automotive Group Inc (PAG) Q1 2026 Earnings Call Transcript
Penske Automotive Group reported $31 billion in revenue and $1.3 billion earnings before taxes for the year, delivering $935 million net income and an annual EPS of $14.13. The company raised its quarterly dividend to $1.40 per share, marking the 21st consecutive increase,...
GE Healthcare Technologies Inc (GEHC) Q1 2026 Earnings Call Transcript
GE Healthcare Technologies reported Q1 2026 revenue of $5.7 billion, up 4.8% organically, and posted a record $21.8 billion backlog with a book‑to‑bill ratio above 1. Adjusted EBIT margin fell to 16.7% due to roughly $100 million in tariff expenses and an unfavorable...
Materion Corp (MTRN) Q1 2026 Earnings Call Transcript
Materion Corp reported Q1 2026 results marked by a quality‑control failure in its Precision Clad Strip business, which forced temporary shutdown of two plants and drove a 14% decline in all‑in value‑added sales. Excluding that event, organic value‑added sales rose...
IDEX Corp (IEX) Q1 2026 Earnings Call Transcript
IDEX Corp reported modest organic growth in Q1 2026, with orders up 2% and sales up 1% despite weakness in semiconductor and automotive markets. Adjusted EBITDA margin slipped to 27.4% as acquisition dilution and mix pressure weighed on gross margins,...
Silgan Holdings Inc (SLGN) Q1 2026 Earnings Call Transcript
Silgan Holdings reported Q1 2026 net sales of roughly $1.5 billion, a 4% year‑over‑year increase driven by raw‑material pass‑throughs in metal containers and favorable foreign‑currency effects. Adjusted earnings per share fell to $0.67, pressured by higher interest expense and a higher...
EMCOR Group Inc (EME) Q1 2026 Earnings Call Transcript
EMCOR Group reported a record $4.5 billion quarterly revenue, up 19.7% year‑over‑year, and a full‑year revenue of $16.99 billion, the highest in its history. Adjusted diluted EPS rose 13.8% to $7.19 for the quarter and 20% to $25.87 for the year, while...
PROG Holdings Inc (PRG) Q1 2026 Earnings Call Transcript
PROG Holdings reported fiscal 2025 results highlighting a 12.1% rise in consolidated GMV, driven primarily by For Technologies’ 144% growth to $730 million. Progressive Leasing volume fell 8.6% after the Big Lots bankruptcy and tighter underwriting, but margin expansion lifted gross margin...
AerCap Holdings NV (AER) Q1 2026 Earnings Call Transcript
AerCap Holdings reported record 2025 results with GAAP net income of $3.8 billion and adjusted net income of $2.7 billion, boosted by $1.5 billion in insurance recoveries from the Ukraine conflict. Total revenue reached $8.5 billion and operating cash flow hit $5.4 billion, while the...
Tradeweb Markets Inc (TW) Q1 2026 Earnings Call Transcript
Tradeweb Markets reported record quarterly revenue of $513 million, a 26.7% year‑over‑year increase, driven by strong international growth and double‑digit gains across rates, credit, equities, and swaps. Adjusted EBITDA margin expanded to 54.2%, up 70 basis points, while cash balances...
Delek Logistics Partners LP (DKL) Q1 2026 Earnings Call Transcript
Delek Logistics Partners reported a record 2025 adjusted EBITDA of $536 million, driven by strong natural‑gas, crude and water operations and the integration of H2O and Gravity assets. The new Libbey II processing plant raised capacity to roughly 160 MMscf per day, supporting...
Regeneron Pharmaceuticals Inc (REGN) Q1 2026 Earnings Call Transcript
Regeneron reported Q1 2025 revenue of $3 billion, with Dupixent and Libtayo delivering double‑digit growth while U.S. EYLEA sales fell 39% to $736 million amid co‑pay assistance gaps and rising Avastin use. Gross margin guidance was revised to 86‑87% after larger‑than‑expected inventory...
Vulcan Materials Co (VMC) Q1 2026 Earnings Call Transcript
Vulcan Materials reported adjusted EBITDA of $2.3 billion for 2025, a 13% increase, with margin expanding to 29.3%. The aggregates segment delivered $11.33 cash gross profit per ton and shipped 227 million tons, up 3% driven largely by acquisitions. Free cash flow...
MGP Ingredients Inc (MGPI) Q1 2026 Earnings Call Transcript
MGP Ingredients reported Q1 2026 sales of $138 million, a 23% decline year‑over‑year, and full‑year 2025 sales of $536 million, with adjusted EBITDA falling 51% to $26 million and EPS down 60%. Operating cash flow rose 19% to $122 million, but a $153 million goodwill...
Clarivate PLC (CLVT) Q1 2026 Earnings Call Transcript
Clarivate reported full‑year 2025 revenue of $2.455 billion, a figure shaped entirely by inorganic divestitures as organic revenue remained flat. The company achieved nearly 2% organic ACV growth and lifted its recurring revenue mix to 88%, while retaining a 93% customer...
Federal National Mortgage Association (FNMA) Q1 2026 Earnings Call Transcript
AGNC reported a $0.18 per share comprehensive loss for Q1 2026, delivering a negative 1.6% economic return on tangible equity, though its tangible book value recovered roughly 6% in April. Leverage edged up to 7.4x and the REIT held $7 billion...
Mersen Q1 2026 Call Highlights Market Outlook
Mersen (CBLNY) dropped its Q1 2026 sales call transcript. Key takeaways on market conditions and outlook from management. Worth a read if you’re tracking industrial plays. 📉📈 EarningsSeason
Jim Cramer Is Unfazed by Tuesday's Sell-Off: 'You Should Expect Them, Even Hope for Them'
Jim Cramer downplayed Tuesday’s broad sell‑off in AI‑linked stocks, calling it a necessary market correction after a period of rapid gains. The pullback was sparked by a Wall Street Journal report that OpenAI missed internal growth targets, pulling down names...
Market Misprices Lithium: Brazil, Canada Offer Arbitrage Opportunity
Brazil is a Tier One mining jurisdiction. Canada is a sophisticated capital market for mine financing. Why does Mr. Market continue to underappreciate and undervalue its lithium producers and developers? Modern portfolio theory suggests such arbitrage should not exist where...
Buy the Price‑value Gap, Not the Hype
Investors spend years trying to predict which businesses will transform industries. Graham spent his career not caring about that at all. He wasn't buying stories. He was buying the gap between price and provable value. Stories change. Spreadsheets don't lie.
NXP Rallies After Stronger Auto Market Bolsters Forecast
NXP Semiconductors lifted its second‑quarter revenue outlook to $3.35‑$3.55 billion, topping analysts’ consensus of $3.27 billion. The upbeat guidance reflects a rebound in automotive chip demand after a prolonged industry slowdown and lingering tariff worries. Shares jumped in late trading as investors...
Visa's Double-Digit Growth Fuels $7.9B Buyback
Visa continues to be a beautiful compounder with Strong double-digit growth & did $7.9B in buybacks $V
Visa Posts Double‑digit Earnings Growth and $20B Buyback
$V Q2’26 EARNINGS up 4% everyone • Revenue $11.23B vs $10.74B ✅ • Adj EPS $3.31 vs $3.10 ✅ • Payments Volume +9% • Cross-Border +12% • Transactions 66.1B vs 66.39B ⚠️ Highlights: • Strong double-digit growth (+17% rev, +20% EPS) • Cross-border still leading (high-margin driver) •...
Alexandria Real Estate Equities Posts Q1 Profit, FFO Surges to $3.73 per Share
Alexandria Real Estate Equities (ARE) posted a first‑quarter net profit of $358.9 million, or $2.10 per share, reversing a $11.6 million loss from a year earlier. Funds from operations (FFO) jumped to $3.73 per share, more than double the $1.65 per share...
AI Flags Hidden Related‑Party Risk in TOYO’s Revenue
AI is great for assessing risk. Since I'm generally a half glass full investor, I find this really helpful. Related party risk is one we used to look for when @GeoInvesting was writing short reports. So, it's a risk I...
Palomar Holdings CEO Sells $458,000 of Stock as Shares Slip 15% Over Past Year
Mac Armstrong, chief executive and chairman of Palomar Holdings, sold 3,500 shares for roughly $458,000 on April 21, 2026. The sale comes as the insurer’s stock has declined about 15% over the trailing twelve months, offering a mixed signal for...
CareTrust REIT Launches $628 Million Cross‑border Acquisition Spree
CareTrust REIT disclosed $628 million in acquisitions across North America and Europe, highlighted by a $380 million purchase of 15 skilled‑nursing facilities in California. The spree, funded through equity and debt, comes as the REIT earns an 8.8% blended yield and receives...
Spotify Beats Q1 Revenue Forecast but Guidance Triggers 13% Stock Drop
Spotify reported Q1 2026 revenue of €4.53 billion ($5.3 billion), up 8% YoY, and added 3 million premium subscribers to reach 293 million. Despite the beat, the company’s modest Q2 guidance and a dip in ad‑supported revenue sparked a 13% plunge in its stock.
SpaceX Targets $1.8 Trillion Valuation in Summer IPO, Sparking Investor Frenzy
SpaceX is slated to go public this summer with a projected valuation between $1.75 trillion and $2 trillion, the biggest IPO on record. The filing has ignited a valuation clash between Ark Invest’s conservative models and market optimism, while investors scramble for...
Paul Tudor Jones Calls Bitcoin the 'Best Inflation Hedge,' Warns of Overvalued Stocks
Billionaire hedge‑fund manager Paul Tudor Jones told the Invest Like the Best podcast that Bitcoin, with its capped supply, is the best hedge against inflation, even surpassing gold. He warned that U.S. equities are overvalued, citing a S&P 500 valuation that...
Intel Reports Better-Than-Expected Results Due to Strong AI Demand
Intel posted a strong Q1 2026, with revenue climbing 7% to $13.6 billion, topping analysts’ expectations by over $1 billion. Non‑GAAP earnings per share surged to $0.29, far exceeding the $0.01 consensus. Growth was driven by robust demand for the new Series 3...
Alexandria Real Estate Reports Increased Losses, Slow Leasing in Q1
Alexandria Real Estate Equities, the nation’s largest life‑sciences REIT, reported a steep decline in first‑quarter performance. Funds from operations dropped to $295.9 million, while net losses widened to $358.9 million. Leasing activity fell sharply, with only 647,356 sq ft signed versus 1.2 million sq ft in the...
Ibotta Is Actually a B2B Ad‑Tech Platform
Day 14 of 30: How $IBTA Ibotta actually makes money (which one should I do next?) Most people think it's a consumer cashback app It's not. It's a B2B ad-tech company that uses cashback as the user-acquisition wrapper And the latest earnings exposed the...
Philippines Dividend Yield Hits Record, JP Morgan to Index Bonds
The Philippines' stock market is so depressed that its dividend yield is back to Lehman collapse levels. At 3.22%, the country's dividend yield is now more than two percentage points higher than the US, marking a record in a multi-decade...
Pick Chewy and Global-E to Counter Headwinds in eCommerce
E‑commerce sales rose 5.3% year‑over‑year in Q4 2025, capturing roughly 16.6% of total U.S. retail spend, even as macro‑economic and geopolitical headwinds pressure margins. The industry is shifting toward omnichannel models that blend online and offline experiences, with Gen‑Z driving social‑commerce...
Equity Hedging and Commodities Boost Portfolio Performance
I recently had the pleasure of appearing on Dean Curnutt's excellent AlphaExchange podcast. The goal was to detail how a carefully designed combination of equity index hedging and long commodities can meaningfully improve the performance of a traditional asset allocation...
Starbucks Lifts Same‑store Sales Target to 5%+
Starbucks raised its expectations for same-store sales this year to 5% or better globally and in the U.S. $SBUX
Starbucks Forecasts Lower Tariffs, Coffee Costs Later 2024
Starbucks expects tariffs and coffee prices to ease in the back half of this year. $SBUX
Airport Traffic Boosts Starbucks Licensed Same‑store Sales
Strong airport demand led to improving same-store sales in the Starbucks licensed business last quarter. $SBUX
CEO Buys 6.9K Shares, Signaling No M&A Imminent
$CHTR President and CEO Christopher Winfrey discloses purchase of 6.9K shares So I guess no M&A imminent. 🧐
Starbucks Comps Surge 6.2% on Transaction Growth
Starbucks global comps up 6.2%, "led by transaction growth." North America/U.S. up 7.1%, including 4.3% transaction growth. That's the best result since 2023. The company is crediting its new "green apron" service model. Revenues up 8.8% to $9.5B. EPS 45...
Current Market Mirrors 2009, Promising Massive Long-Term Rally
"This market reminds me a lot of 2009." "You mean we're going to rally 750% in over the next 17 years?"
Endless Hype: Past Returns Don’t Guarantee Future Gains
Waking up and seeing 12 secular bull 100 year charts, 6 'here's what happens when you buy ath's' tables, and 3 'had you bought this stock 15 years ago and held it for this long you'd have 58M dollars' tweets...
AWS Deal Boosts Confidence in Amazon’s Growth Thesis
Wrote this growth thesis on $AMZN driven by @awscloud before this OpenAI deal. This only gives me far more confidence in the AWS growth story. https://t.co/nNOw2zxeuB