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%.
Labcorp CFO Julia Wang Highlights $71M Free Cash Flow and $202M Capital Deployment in Q1
Labcorp's chief financial officer Julia Wang detailed a $71 million free‑cash‑flow swing and $202 million of capital deployment in the first quarter, underscoring tighter expense management and a focus on high‑margin growth. The guidance for 2026 projects 5%‑6.1% enterprise‑revenue growth and adjusted EPS of $17.70‑$18.35, positioning the diagnostics leader for margin expansion despite adverse weather impacts.
Xbox Hardware Revenue Plunges 33% as New Boss Asha Sharma Confronts Sales Slump
Microsoft disclosed that Xbox hardware revenue fell 33% year‑on‑year in Q3 FY2026, the steepest decline since the Series X launch. New Xbox chief Asha Sharma acknowledged the shortfall, promising a refocus on core fans and upcoming hardware under the Project...
KOSPI Hits Record Intraday High of 6,750 on Samsung Earnings and US Tech Gains
South Korea's benchmark KOSPI opened above 6,700 and climbed to an intraday peak of 6,750.27, driven by Samsung Electronics' record quarterly profit and stronger‑than‑expected revenue from U.S. giants Alphabet, Amazon, Meta and Microsoft. The rally was underpinned by net foreign...
Stellantis Reports Q1 Profits as Revival Plan Appears to Take Hold
Stellantis posted a Q1 2026 net profit of $440 million, a swing from a $455 million loss a year earlier. Revenue grew 6% and adjusted operating income reached $1.2 billion, reflecting stronger sales and cost‑discipline. Global shipments rose 12% and North American shipments...
Moderna's Q1 Revenues Rocket, Thanks to Ex-US Sales
Moderna reported first‑quarter revenue of $389 million, almost three times its 2025 level, with 80% generated outside the United States. U.S. sales rose to $80 million, up from $29 million a year earlier, reflecting deliveries under long‑term government agreements. The company now projects...
India Cements Sees Sharp Turnaround in FY26 as Brand Integration with Ultratech Reaches 100%
India Cements posted a Q4 FY26 net profit of ₹60 crore (~$7.2 million), up from ₹15 crore a year earlier, cutting its FY26 loss to ₹67 crore. The turnaround follows Ultratech’s full brand integration, now 100 % complete across nine plants, and a shift toward...
Premium Brands’ Activist Investor Flags Share-Price Upside on Target Fixes
Premium Brands Holdings, a Canadian food group with an aggressive acquisition strategy, is slated to report its fiscal 2026 Q1 results on May 7. Activist investor Alta Fox Capital, holding about 1.5 % of the company, argues the stock is undervalued and...
Patience Beats Hype: Buy Low, Hold Long
It’s tempting to buy stocks that are pumping right now. But ask yourself first: Are you swing trading? Are you planning to sell soon for a quick gain? If not, chasing pumps usually ends badly. My biggest winners (5–20x) weren’t bought during hype. I bought...
Position Sizing
Dean outlines a judgment‑driven approach to position sizing, emphasizing that it’s the single biggest driver of portfolio outcomes. He recommends starting with 5‑10% of capital for an initial idea, using 2‑3% “half‑positions” for basket components, and scaling up or down...
EXEC: Columbia Sportswear CEO Tim Boyle Sees U.S. Wholesale Returning to Growth in Second Half
Columbia Sportswear posted a flat Q1 top line, with U.S. wholesale sales down 10% while international revenue rose 16% year‑over‑year. CEO Tim Boyle said the dip reflects a deliberate reduction in winter inventory and temporary tariff pressures, but a stronger...
Nintendo Valuation a Steal Despite Rising Memory Costs
50% off its highs, 40% below Switch 2 release levels, and back to 2020 levels? Here's why $NTDOY's valuation looks like a steal, even with rising memory costs (link in bio).
SPX/Gold Ratio Likely Keeps Falling Through 2026
SPX/Gold Trend Is Down; Can It Continue in 2026? The S&P 500 in gold ounces breached 2.0 support in 2024, and the next big driver may be the SPX. At 1.58 on April 31, the SPX/gold ratio has bounced from 1.29...
Builder China Vanke Posts 5.95 Billion Yuan Loss in Q1
China Vanke reported a Q1 net loss of 5.95 billion yuan (about $830 million), slightly better than the 6.25 billion yuan loss a year earlier. The loss was driven by a 33% plunge in home deliveries, which trimmed revenue by 24% year‑over‑year. Vanke’s...
TCAI: Own The Support Structure, Not The AI Makers
The Tortoise AI Infrastructure ETF (TCAI) focuses on the physical assets that power the AI boom, such as energy, data centers, and networking infrastructure. With a 0.65% expense ratio and $117 million in assets under management, the fund is positioned as...
Conviction, Not Ego: Buffett's Guide to Focused Investing
Buffett doesn't say "diversify everything." He says don't test the river's depth with both feet. There's a difference between a concentrated bet and a reckless one. One is conviction. The other is ego.
Robust 2026-2027 Earnings Growth Is a Live Probability
Wall Street projects robust earnings growth for the S&P 500, with consensus forecasts of 21.8% for calendar 2026 and 14.8% for 2027. Historical data shows that earnings spikes of 40%‑plus have followed past Fed rate‑cut cycles, suggesting the outlook is plausible. The...
UTG's Hidden Risk: The 2026 Earnings Trap No One Is Pricing In
Reaves Utility Income Trust (UTG) now sits in a gray zone between income and growth, offering neither a compelling dividend yield nor clear earnings upside. Recent gains stemmed from AI‑linked merchant power stocks, which have increased portfolio concentration and exposed...
Interim Data Hint Weaker PFS; Selloff Caps Losses
Leerink's Daina Graybosch on $SMMT "... In our base case scenario of the company’s likely statistical design choices and enrollment timing, not hitting statistical significance at this interim suggests a degradation in PFS Hazard Ratio (HR) of ~10 percentage points...
Here's What Major Analysts Are Saying About Apple's Earnings
Apple posted a record $111.18 billion in Q2 revenue, topping the $109.66 billion consensus, while iPhone sales came in slightly below expectations at $56.99 billion. Earnings per share rose to $2.01, beating the $1.95 forecast, and the company projected 14‑17% year‑over‑year revenue growth...
Eurobites: Turbulence Continues for VMO2 as Revenue Slips 6.5%
Virgin Media O2 (VMO2) reported a 6.5% decline in Q1 revenue to £2.4 billion (≈US$3.26 billion), driven by the loss of 6,900 fixed‑line customers and 311,800 mobile connections. Adjusted EBITDA fell 3.4% year‑over‑year after accounting for the recent merger with Daisy Group....
Shopify Analyst Who Saw Selloff Coming Says Too Soon to Buy
Veritas Investment Research analyst Liam Gallagher downgraded Shopify to sell in August when the stock traded at roughly 95 times forward earnings, flagging valuation risk. The downgrade was the only sell rating before Shopify’s sharp rally that pushed the price...
Software Stocks Are Finally Priced for a Comeback, This Veteran Strategist Says. He’s Buying.
Fundstrat’s Tom Lee has turned bullish on software, adding the iShares Expanded Tech‑Software Sector ETF to his top‑sector list. He points to the S&P 500 Software Index, which is down about 18% YTD versus a 5% gain for the broader market,...
Berkshire’s Stock Has Suffered in a Post-Buffett World. Why That’s Actually a Good Thing.
Berkshire Hathaway’s stock has fallen 5.8% since Greg Abel took over as CEO, marking its weakest four‑month start since 2015 and lagging the S&P 500’s 5.3% gain. The company disclosed a slowdown in its insurance segment and said it will pause...
GrafTech Reports First Quarter 2026 Results
GrafTech International reported Q1 2026 net sales of $125 million, up 12% year‑over‑year, driven by a 14% increase in sales volume to 28.1 k MT. Despite higher revenue, the company posted a net loss of $43 million, or $1.66 per share, and adjusted EBITDA...
Twilio Shares Jump 19% to Four-Year High on AI‑Driven Turnaround
Twilio (TWLO) surged more than 19% in after‑hours trading to its highest level in four years after reporting Q1 2026 revenue up 20% YoY and record non‑GAAP operating income. Management credited AI‑enhanced voice and messaging tools and a tighter cost...
Walmart and Costco Outperform as Retail Titans Show Resilience
Walmart and Costco posted strong earnings and stock performance as consumer spending patterns shift, with Walmart’s advertising business expanding 37% and Costco’s membership fees rising 13.6% in Q2 FY2026. Both firms are navigating tariff refunds and operational tweaks while maintaining...
Amgen Posts $5.6 B Q1 Revenue, Raises 2026 Guidance Amid Pipeline Gains
Amgen announced first‑quarter 2026 revenue of $5.6 billion, up 24% year‑over‑year, and raised its full‑year revenue outlook to $37.1‑$38.5 billion. The biotech giant highlighted strong growth in its lipid‑lowering and rare‑disease portfolios and noted progress on the Meritide program and a new...
First Solar Posts Record $1.0 B Q1 Net Sales on 31% Module Volume Surge
First Solar posted a record $1.0 billion in first‑quarter net sales, driven by a 31% rise in module volume and a 47% gross margin. The company highlighted near‑full U.S. plant utilization, a growing backlog and the rollout of its CURE technology,...
Mason & Associates Cuts $5.7M Stake in Pacer Cash Cows Growth ETF
Mason & Associates Inc sold 161,704 shares of the Pacer US Large Cap Cash Cows Growth Leaders ETF (COWG) for an estimated $5.67 million, cutting its position to 88,667 shares worth $2.91 million. The move shrinks the ETF’s share of Mason’s U.S....
Viavi Solutions Beats Q3 2026 Estimates, Raises Q4 Guidance, Stock Jumps 15%
Viavi Solutions reported Q3 fiscal 2026 revenue of $406.8 million, surpassing analyst expectations and delivering EPS of $0.27. The company also lifted its Q4 revenue guidance to $427‑$437 million and adjusted‑EPS outlook to $0.29‑$0.31, prompting the stock to rally more than 15%...
Cathie Wood: How to Invest for 2026
In this episode, hosts Dan Coatsworth and Danny Hewson dissect a week of market‑shaking news, from the Bank of England’s rate hold and rising inflation forecasts to the fallout of the UAE exiting OPEC and its impact on oil prices....
SETM: The Critical Materials Trade Has Already Re-Rated, And Most Advisors Still Aren't Looking
The SETM fund has surged roughly 135% over the past twelve months, driven by exposure to uranium, copper, lithium, rare‑earths and silver miners and refiners. The rally coincides with heightened geopolitical tension, including China’s expanded rare‑earth export controls and the...
Twilio Stock Soared to Its Highest Level in 4 Years. Its CEO Shares How AI Helped the Company Turn Things...
Twilio shares surged more than 19% in after‑hours trading, hitting a four‑year high after the company posted Q1 results showing 20% year‑over‑year revenue growth, its fastest pace in three years. CEO Khozema Shipchandler credits the rebound to an AI‑first product...
Twilio Posts 20% YoY Revenue Growth in Q1 2026, Boosting Enterprise Cloud Communications
Twilio announced first‑quarter 2026 revenue of $1.4 billion, up 20% year over year and 16% organically, marking its fastest organic growth since 2022. The cloud communications platform also posted record non‑GAAP operating income and lifted its full‑year revenue outlook, underscating strong...
ARK Invest Pours $18 M Into CoreWeave as AI Stock Slides
ARK Investment Management, led by Cathie Wood, purchased 162,306 shares of CoreWeave for roughly $18.2 million on April 28, as the stock fell 5.8% after OpenAI missed internal targets. The move adds to a year‑to‑date ARK investment of at least $80 million, underscoring...
Forecasts Are Generally of No Use when It Comes to Achieving Better than Average Investment Results
Financial columnist Noah Solomon argues that, despite occasional accurate predictions, forecasts rarely add value for investors. He explains that consensus forecasts are right most of the time, so only non‑consensus predictions that also happen to be correct can generate outperformance,...
The Downstream Winners of the AI Trade's Latest Phase
Andrew Graham of Jackson Square Capital describes the current earnings season as a boom, driven by double‑digit earnings growth in the AI‑heavy “mag‑seven” stocks. He notes that Microsoft, Google and Amazon are reinforcing the AI trade, with Amazon’s custom Tranium...
‘The Numbers Don’t Lie’: If I Had Invested My Social Security in the S&P 500 I’d Have $4 Million. Is...
An 64‑year‑old retiree calculated that if his Social Security contributions had been invested in the S&P 500, his account would now exceed $4 million, allowing a $30,000‑per‑month withdrawal. The article explains that Social Security funds are instead placed in special‑issue Treasury securities,...
Meridian Q1 2026 Delivers 26
$MRDN Q1 2026! Small cap trading 4x EV/ADJ EBITDA whilst growing topline at 17% and ADJ EBITDA at 26% - Rebranding to Meridian is completed. - Best revenue growth in 4 quarters. - Strong ADJ EBITDA growth of 26%. - Net leverage ratio down...
Estée Lauder Posts 40% EPS Surge, Beats Estimates
$EL: nice results this morning w 40% EPS growth and net sales up 5% with GM beat and up 140bps y/y. China g USD and $1B in sales in Asia Pacific. Raised estimates. Beauty Reimagined strategy taking hold.
Warren Buffett Has Stepped Aside. Berkshire Hathaway Is Now Greg Abel’s Show
Berkshire Hathaway’s 2025 annual meeting marks the first without Warren Buffett onstage, as CEO duties shift to Greg Abel. Since Buffett announced his succession plan, Berkshire’s stock has lagged the S&P 500, falling 12% versus a 25% index gain. Abel, praised...
Indra's Space Division Targets Over €400M Revenue, Iris2 Confirmed
.@IndraCompany: @Hispasat @hisdesat swell Q1 results; space division rev to be EUR 400M+ this year; @defis_eu #Iris2 "is real" following cost/sched/KPI negs that ended April 30. Defis: we'll announce results 'in due course.' @SES_Satellites @Eutelsat. https://t.co/uHyfoiggVO https://t.co/DcCAj3XunD
US Earnings Growth Surge Drives Bear Market Mauls
One of the main reason why bears are getting mauled is the massive re-acceleration in US Earnings Growth 302 of $SPX companies have reported an aggregate y/y EPS acceleration of +30% It was #Quad1 in Q1 Goldilocks,...
5 Things Warren Buffett Says To Never Invest In or Buy (Avoid at All Costs)
Warren Buffett’s investment doctrine is defined by five categories he refuses to touch: businesses outside his circle of competence, cheap mediocre firms, non‑productive assets such as gold, cryptocurrencies, and hype‑driven IPOs. He argues that capital preservation comes first, and only...
PSON Shows Improving Valuation and Dividend Despite AI Risks
#PSON been in a pretty rough state for years, but recent updates do seem more promising, despite AI potential to disrupt. SharePad has fwd p/e 15.6 falling to 13.9 and fwd Divvy 2.5% rising to 2.7%. I don't hold.
Microsoft Beats Expectations
ICYMI - .@Microsoft beats expectations, but its guidance comes up light, disappointing investors https://t.co/IGFe4hYg5s. “Its cash flow remains positive despite the substantial spending on AI infrastructure, but investors will want to see this balance maintained in the coming quarters.” #Earnings
The Evolution of Passive Investing
Passive investing has shifted from simple market‑cap index funds to a sophisticated toolbox of factor‑based and equal‑weight products. Evelyn Partners’ Lead Portfolio Manager Dan Caps describes an "active‑passive" model that layers low‑cost index tracking with tactical asset allocation and style...
Pan Mine Boosts Cash Flow, Guides Strong Gold Production
Pan mine generating cash flow. Q1 2026 gold sales lifted unrestricted cash to $46 mil. 2026 guidance: 32-38koz Au at AISC US$1,850-2,000/oz. Pan cash flow to largely fund low-capex growth Stronger company FCF expected to ramp in 2027+ $maiff @MineraAlamos #goldproducer https://t.co/hCMCByPZir
Position Sizing Drives 70‑80% of Trading Success
"What I actually learned is that position sizing is probably 70 to 80 percent of the equation. It's not just about being right or wrong, it's about how much you make when you're right." — Stanley Druckenmiller https://t.co/S37S7hSPet
Bear of the Day: Louisiana-Pacific (LPX)
Louisiana‑Pacific (LPX) is trading near a 52‑week low of $68 as its OSB business faces severe pricing pressure. OSB EBITDA collapsed from $298 million in 2024 to just $7 million in 2025, a 98% drop driven by market‑wide price declines. FY26 earnings‑per‑share...