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%.
Sabra CEO: Skilled Nursing Deal Flow Tight Amid Fierce Competition From OpCo and PropCo Private Buyers
Sabra Health Care REIT is pivoting away from skilled‑nursing assets toward its Seniors Housing Operating Portfolio (SHOP), with private‑pay revenue now representing over 50% of the portfolio for the first time. The CEO said skilled‑nursing deal flow remains tight as operator‑owned (OpCo) and property‑owned (PropCo) buyers dominate the market, limiting off‑market opportunities. Despite reduced acquisitions, Sabra’s existing nursing homes posted record rent‑coverage ratios, occupancy, and margins, while AI‑driven tools are streamlining operations. The company posted Q1 2026 FFO of $0.37 per share, beating estimates, and its stock rose 1.5% after earnings.
AVB Exploits Valuation Gaps with Classic REIT Recycling
$AVB is smartly playing valuation gaps in today’s market—buying where prices are low, selling where they’re high. Classic REIT capital recycling in action. 🔄 REITs
Big Funds Bet Billions on Mining Supercycle – by Clara Denina, Pratima Desai and Melanie Burton (Reuters – April 30,...
Major fund managers are pouring record capital into mining as AI infrastructure, rising defence spending and a shift from high‑valuation tech stocks drive a perceived commodity supercycle. Mining ETFs saw assets under management double to $87.4 bn by March, while first‑quarter...
Apple’s Modest Rise Hints at Future Growth Super‑cycle
$AAPL up 4% does not reflect how good the guide was. In a vacuum, I would have expected the stock to be up closer to 10% on that guide. I believe the reason is investors are thinking about what's after...
True Success Is Keeping Profit, Not Just Reporting It
The best businesses don't just report profits. They keep them. When earnings convert to cash and stack as retained equity, compounding quietly does the rest. That's not accounting. That's the whole game.
UTF: Discount Stuck, Returns Delivered - The New Reality
Cohen & Steers Infrastructure Fund (UTF) retains a Buy rating, but the investment thesis has shifted from total‑return to income‑focused amid heightened macro uncertainty. The fund continues to trade at a 6‑7% discount to NAV, offering a solid 7‑8% yield that...
Smurfit Westrock Examines Delisting From LSE, Closing UK Mill
Smurfit Westrock reported Q1 net sales of $7.71 billion, a modest 0.7% rise, but net income fell sharply to $63 million amid weather‑related costs and muted consumer confidence. The company announced a medium‑term growth plan that includes closing its high‑cost Birmingham mill and...
IPhone Growth Likely Cycles: 10% Every Third Year
$AAPL investors need to start thinking about iPhone growth next year. This fiscal year iPhone will grow around 17%. Next year the Street is expecting 5%. The 5% is ahead of the growth we saw in 2023-2025. FY25 - 4% FY24...
Choice Hotels Had a Rough First Quarter
Choice Hotels posted a disappointing first‑quarter, with RevPAR down 2.3% year‑over‑year while the U.S. hotel market saw a near‑4% increase. The decline contributed to a roughly 15% stock slide despite broader market gains. Hurricanes that struck four key states skewed...
Apple Beats Forecast, Guides Revenue Above Street Expectations
Overall the Apple numbers looked great. ➡️The stock is down 0.5% which is noise. ➡️The guide is what counts. I expect revenue guide higher than the 9% that the Street is looking for in June. ➡️Revenue growth was 17%,...
Border, Data Center Work Drive Granite’s Revenues Higher
Granite Construction said federal border‑infrastructure work now represents roughly 15% of its revenue, with data‑center site preparation poised to add another 10%. The company lifted its 2026 revenue guidance after projecting an extra $200 million from Texas border contracts and a...
First Look: Schneider National Q1 Results
Schneider National posted first‑quarter adjusted earnings of 12 cents per share, topping the consensus by two cents but falling four cents short of a year‑ago level. Consolidated revenue held steady at $1.4 billion, just under the $1.42 billion forecast. Truckload revenue grew...
C.H. Robinson Posts 15% EPS Rise, Leverages AI to Offset Spot‑Market Costs
C.H. Robinson reported a 15% year‑over‑year increase in adjusted earnings per share for Q1 2026 while keeping North American Surface Transportation (NAST) gross margin at 14.6%. The logistics firm credited a Lean AI strategy and disciplined volume mix for offsetting...
American Assets Trust Q1 2026 FFO Rises to $0.51 as Office Leasing Remains Strong
American Assets Trust (AAT) posted first‑quarter 2026 earnings with funds from operations (FFO) climbing to $0.51 per diluted share, a $0.04 increase year‑over‑year. The gain reflects lower G&A costs, new rental income from recent acquisitions, and solid office leasing activity,...
Fully Allocated Beta Beats SPY With Commodity Edge
YTD DSSmartBeta up 6.1% DSAlpha up 0.9% DSAlphaBeta up 7.0% SPY 5.74% Less risk more return. Works for me. Still sucks I bought puts at 6960 SPX cash. OOF. All forms of fully allocated beta are blowing away SPY. Without that massive...
RDDT's Q1 Surge Highlights Massive Undervalued Growth Potential
Another phenomenal earnings report for $RDDT... Q1 revs of $663M, up +69% YoY Q1 ebitda of $266M, up +131% YoY Q1 eps of $1.07, up +664% YoY Q1 gross margin of 91.5% $RDDT beat Q1 revenue estimates by +8.9% $RDDT beat Q1 ebitda estimates by +18.2% Meanwhile...
ArcelorMittal Q1 Profit Falls 28% as Steel Demand Slows, Revenue Rises 4.5%
ArcelorMittal SA posted first‑quarter earnings of $575 million, a 28% decline from $805 million a year earlier, as the global steel market softens. Revenue grew 4.5% to $15.46 billion, reflecting higher pricing but lower volumes. The results underscore mounting pressure on European industrial...
Lemonade Q1 2026 Earnings Beat Yet Stock Slides 13% on Valuation Concerns
Lemonade released its Q1 2026 earnings transcript, showing revenue up 71% to $258 million and a net loss narrowed to $0.47 per share, beating Wall Street forecasts. Despite the beat, the stock dropped 13% at the market open as investors reacted...
Etsy Q1 2026 GMS Hits $2.5B, Up 5.5% YoY on Strong Mobile and Take‑Rate Gains
Etsy posted $2.5 billion in gross merchandise sales for Q1 2026, a 5.5% year‑over‑year increase and the strongest quarterly growth since 2022. The boost came from a higher take rate, mobile‑app sales and the pending $1.2 billion Depop divestiture, while the company...
Alignment Healthcare Turns A Profit As Medicare Advantage Costs Ease
Alignment Healthcare reported a first‑quarter net income of $11.4 million, a swing from a $9.3 million loss a year earlier. The company’s medical benefit ratio improved to 88.2%, down 25 basis points year‑over‑year, reflecting easing Medicare Advantage costs. Total revenue jumped more...
Aker Solutions Q1 Profit Jumps 55% as Order Backlog Hits $9 Bn, Boosting B2B Engineering Growth
Aker Solutions reported a 55% increase in first‑quarter profit to NOK 1.015 bn ($112 m) and a record order intake of NOK 28.8 bn ($3.2 bn), lifting its order backlog to NOK 80.2 bn ($8.8 bn). The results highlight accelerating demand for the Norwegian engineering firm’s B2B services across...
Google's Past Skepticism Faded as Stock Rebounds
Good time to look back at the sentiment on $GOOGL at the low years ago. I'd note 200 WMA but also endless headlines about losing to ChatGPT et. There literally were people on CNBC saying they liked Mag-7 'except for...
Amazon AWS: The AI Infrastructure Empire
Amazon’s latest earnings reveal AWS has transformed into a pure AI infrastructure engine, posting 28% revenue growth—the fastest in 15 quarters—on a $150 billion annualized base. Overall Amazon revenue rose 17% to $181.5 billion, but the headline is AWS’s surge. The company...
Genmab A/S (NASDAQ:GMAB) Upgraded at Truist Financial
Truist Financial upgraded Danish biotech Genmab A/S (NASDAQ:GMAB) to a strong‑buy, joining recent upgrades from Goldman Sachs and BNP Paribas. The stock currently trades around $26.11, well below its 52‑week high of $35.43, with a market cap of $16.78 billion and a...
China Merchants Port Profit Rises as Cash Flow Weakens
China Merchants Port posted a modest rise in first‑quarter profit, buoyed by higher cargo volumes and a slight uptick in investment income. However, operating cash flow slipped as the company increased capital spending and saw tighter working‑capital dynamics. The earnings...
Eli Lilly Shares Surge on a Beat-and-Raise, Proving the Stock's Swoon Was a Mistake
Eli Lilly reported first‑quarter 2026 revenue of $19.8 billion, up 56% year‑over‑year and well above the $17.6 billion consensus, while adjusted earnings per share jumped to $8.55, more than double the prior year and beating the $6.66 estimate. The strong top‑ and bottom‑line...
Oil Price Shock Ripples Through Inflation, Rates, Stock Valuations
The Iran-Hormuz story is not "just geopolitics" Here is the money chain Supply threat pushes crude up higher crude feeds inflation expectations higher inflation pressure keeps rates sticky sticky rates compress growth-stock multiples So even if your portfolio has zero oil names...you still feel this through...
Rebalancing Works—If Assets Stay Uncorrelated in Downturns
Rebalancing a diversified portfolio is one of the more robust strategies out there. Shannon showed with his “Shannon’s demon” portfolio that periodic rebalancing of two alpha-less investments could make money; the fly in the ointment is that they need to...
Research Pipeline Session #18: A Risky Special Situation With A Value + Growth Anchor
A new research note highlights a small‑cap special situation where the company’s balance‑sheet assets appear worth more than its current market price. The discrepancy stems from assets being recorded at historic rather than market values, creating a hidden valuation gap....
Google’s AI Bets Turn $3B Into $112B
Has anyone pulled out from $GOOGL earnings the AI as a business vs investment? Google put $3B into Anthropic in 2023 worth $112B on paper now. Their $1B SpaceX bet from 2015 is now worth $107B on paper now. Just askin'
Roblox Slashes FY Sales, Bookings Below Street Forecasts
Juuuuuuuust a bit outside: Roblox full year sales and booking guidance to ~$6B and ~$7.5B Street had 2026 sales and bookings at $6.6B and $8.4B, respectively https://t.co/w8SZ5OCN6O $RBLX via @paigehtml https://t.co/9TtSy4cF51
All Hail ‘The New 60/40’
Nomura strategist Charlie McElligott argues that the classic 60/40 equity‑bond split is losing its hedge value as bond‑equity correlations deteriorate. He proposes a “new 60/40” barbell that pairs high‑growth semiconductor and tech exposure with energy stocks, which he views as the...
Roblox Cuts Bookings Guidance by $1 B After Safety Updates
New: Roblox lowered its full-year bookings guidance by about $1 billion after implementing child-safety updates that the company says slowed user growth. https://t.co/mdvtYDevtC
Apple Beats Estimates, Shows Broad Segment Strength
$AAPL this is a clean beat with broad strength. iPhone +22%, Services +16%, China +28%, gross margin 49.3%, and the $100B buyback. If management’s call commentary does not walk down June-quarter expectations, this should read bullish.
Amazon Posted a Blowout Quarter. Why the Street Says This Is only the Start of the Stock's Strong Run
Amazon reported first‑quarter revenue of $181.52 billion, surpassing the $177.3 billion consensus, and earnings of $2.78 per share versus the $1.64 estimate. AWS accelerated 28% year‑over‑year, propelled by AI workloads and the Trainium chip. The company lifted its second‑quarter revenue outlook to...
Memory and Storage Firms Enjoy Soaring Gross Margins
The continued era of margin expansion for memory and storage players. $SNDK gross margin 78.4% $WDC gross margin 50.2%
5% Monthly Gains Forecast 84% Chance of Strong Year
>5% monthly returns tend to suggest the following year will be stronger than average. Up 13.7% on average and higher a year later more than 84% of the time. Here's how all 12 months do, with April clocking in about average. https://t.co/QP9xVmJcoD
Fiverr’s Stock Jumps 17% on Earnings, AI‑Driven Marketplace Shift
Fiverr International’s shares closed up 16.99% on Wednesday, spurred by a solid earnings beat and CEO Micha Kaufman’s bullish outlook on AI‑enhanced freelance work. The marketplace reported $105.5 million in revenue, a 1.6% YoY decline, but highlighted a shift toward higher‑value...
Amazon Beats Earnings, Hits Record CapEx, Margin Rebounds
.@Amazon cruises to another solid earnings and revenue beat https://t.co/WhVpBH2Bjj "Purchases of property and equipment reached an all-time high at $147B, but operating margin has recovered to 37+%, which is a good sign to sustain spending, ... #Earnings
Beyond 60/40: Bonds No Longer Guaranteed Diversifier
I continue to advocate looking beyond the simple 60/40 paradigm to seek protection from both the 60 and the 40. Bonds are still a viable asset class but they are no longer a surefire diversifier to equities. https://t.co/8GRaglZUAs
W.P. Carey Q1 2026 AFFO Hits $1.30, Raises Full‑Year Guidance
W.P. Carey reported adjusted funds from operations (AFFO) of $1.30 per share for Q1 2026, an 11.1% increase year‑over‑year, and raised its full‑year AFFO outlook to $5.16‑$5.26 per share. The earnings release highlighted a $680 million investment volume to date, a...
Only 3% Cut Guidance, Half Historic Average
BESPOKE: “.. only 3% of companies have lowered guidance this season. That's much lower than the 8% that have lowered guidance out of the 90,000+ reports we've tracked over the last ten years.” @bespokeinvest https://t.co/mjNHjwceNE
Microsoft's AI Spend Secures Enterprise Agent Stack
Full report on $MSFT now up @DiligenceStack. Now all three CSP growth thesis reports are finalized. The durability of the cycle foundation set, so we can focus on tracking progress now :) Microsoft’s AI Capex Is Buying the Enterprise Agent...
Portfolio April 2026
The April 2026 edition of mavix’s “Portfolio” newsletter delivers a roundup of micro‑cap portfolio adjustments, recent earnings reviews, and assorted company news. The post is gated behind a paywall, offering only a teaser that highlights the author’s disclaimer about low‑liquidity stocks...
AWS Lead Shrinks From 4x to 40% versus Azure
As of Q1 '18, AWS' TTM revenue base was ~4x larger than Azure's As of Q1 '26, AWS' TTM revenue base is ~40% larger than Azure's https://t.co/mP3UV901WY
Vireo’s Fluent Buy Crowns It #4 Global Cannabis Leader
With the purchase of Fluent, $VREOF is the #4 largest cannabis company in the world by revenue and has clear sights on being the largest. One of the most fascinating stories in cannabis is how Vireo keeps rolling up distressed...
Q1 Earnings and AI Surprises for Google, Amazon, Microsoft, Meta and TESLA Semi Mass Production
Alphabet reported a Q1 earnings surprise, posting $5.11 earnings per share versus the $2.63 consensus and revenue of $109.9 billion, beating the $107.2 billion outlook. Growth was broad‑based, with search up 16 % YoY, YouTube up 11.7 % YoY, and Google Cloud soaring 50 %...
BNP Paribas Q1 Net Income Jumps 9% to €3.22bn, Boosting French Stock Outlook
BNP Paribas reported first‑quarter net income of €3.22 billion, a 9.0% year‑over‑year increase that topped analyst expectations. The earnings beat came alongside an 8.5% rise in net banking income, though the shares slipped 1.1% on the day of the announcement.
Meta Posts $56.3B Q1 Revenue, CFO Susan Li Flags AI‑Driven Cost Surge
Meta announced Q1 2026 revenue of $56.3 billion, up 33% year‑over‑year, as CFO Susan Li highlighted a 35% rise in expenses driven by AI talent and data‑center spending. The company guided Q2 revenue of $58‑61 billion and lifted its 2026 cap‑ex outlook...
Alphabet Beats Q1 2026 Forecast as AI‑Powered Cloud Revenue Hits $20 B
Alphabet reported Q1 2026 revenue of $109.9 B, up 22% year‑over‑year and above analysts’ $107.2 B estimate. The surge was powered by record search queries and a 63% jump in Google Cloud revenue to $20 B, underscoring the impact of its AI‑driven services....