The Mairs & Power, an investment firm, released the first-quarter 2026 investor letter for the “Mairs & Power Balanced Fund.” A copy of the letter can be downloaded here. The fund returned -1.77% in the first quarter of 2026, outperforming its benchmark composite index decline of -2.68% as strong stock selection and exposure to Utilities…
GoPro is telling investors on Monday that it may not survive the next 12 months. In an 8-K filed with the SEC (1) on Monday, the action-camera maker refiled its 2025 financial statements with a notable addition: Its auditor, PricewaterhouseCoopers, now warns of “substantial doubt about the Company’s ability to continue as a going concern.”…
Restaurant stock Cava Group Inc (NYSE:CAVA) was last seen down 1.8% at $73.33, on track for its fourth-straight daily loss. Shares have struggled to regain momentum since their April peak, logging losses in four of the last five weeks. Despite the recent pullback, CAVA remains up 24.2% in 2026, and a historically bullish signal suggests…
By Echo Wang June 2 (Reuters) – SpaceX, Elon Musk’s rocket and satellite company, plans to target a valuation of $1.75 trillion in its blockbuster initial public offering, which will consist entirely of new shares, three people familiar with the matter told Reuters on Tuesday. The IPO is expected to be structured as an all-primary…
If you’re in the market for a home, affordability is likely top of mind — perhaps now more than ever. The record-high home prices of recent years, plus mortgage rates not seen since the 00s, have led to record-high monthly mortgage payments, according to data from Redfin. Mortgage rates were declining at the start of…
The crypto market capitalisation has been rapidly shrinking since the start of the new week, falling by 5% to $2.38 trillion, its lowest level since early April. It appears that confidence in the prospects of cryptocurrency has fallen sharply following reports of a largely symbolic sale from ’s balance sheet, which may be followed by…
Quick Read A $250,000 position in Realty Income (O) throws off more than $13,000 a year. Held in a taxable brokerage, over $3,000 of that goes straight to the IRS every year. Held in a Roth, zero does. The analyst who called NVIDIA in 2010 just named his top 10 stocks and Realty Income wasn’t…
Canada’s HIVE Digital Technologies (NASDAQ: $HIVE) has reported a 158% surge in its revenue as it pivots from Bitcoin (CRYPTO: $BTC) miner to artificial intelligence (A.I.) data centre operator. The company has reported total revenue of $297.8 million U.S. for its fiscal year ended March 31, up 158% from the year earlier period. Revenue from…
Rolls-Royce Motor Cars (BMW.DE) on Tuesday unveiled Spectre Series II, a refreshed version of its luxury EV, adding 18% more range, faster charging, and a new suite of bespoke interior options. The update arrives as much of the auto industry retreats from its electric ambitions, especially at the high-end. Last year, Specter was the British…
By Scott DiSavino NEW YORK, June 2 (Reuters) – Oil prices were little changed in volatile trade on Tuesday as the market waited for news on the war in the Middle East as Iran reviewed a proposed agreement with the United States to halt the war. Brent futures were up 17 cents or 0.2% to…
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