Key Takeaways TRNO acquired a $10M Los Angeles flex property with a 6.4% cap rate and full tenant occupancy. The deal supports TRNO's strategy of shedding non-core assets for value-accretive investments. TRNO has $49M in deals under contract and $75.8M under letters of intent as of May 6, 2025.Terreno Realty (TRNO) recently announced the acquisition of an industrial property in Los Angeles, CA, in June 2025 for around $10 million. The transaction marks an estimated stabilized cap rate of 6.4%.Located at 1 ...

FanDuel is upping the ante in Illinois with a new 50-cent surcharge on all wagers, and DraftKings may be next.Flutter-owned FanDuel is introducing the charge to mitigate the impact of new taxes that the state instituted with its new budget, which disproportionately affect the two leading sportsbooks.The new tax is applied to each wager that a sportsbook accepts — 25 cents per bet for the first 20 million wagers, 50 cents per wager after that."Should the state reverse its decision at any point in the future, ...

With the increased use of NHIs and AI agents, especially with machine identities, there is a huge opportunity for Okta. This goes the same for the Total addressable market (TAM). As of now, Okta (NASDAQ: NASDAQ: OKTA ) is amongAnalyst’s Disclosure:I/we have a beneficial long position in the shares of OKTA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have ...

Key Takeaways WWD's Q3 results beat estimates with year-over-year growth in both revenues and earnings. Aerospace segment sales rose 12.9% on 52% defense OEM and 23% commercial aftermarket growth. Industrial momentum driven by data center power, marine demand and key defense control contracts.Woodward, Inc. (WWD) is gaining from strength in Aerospace and Core Industrial (power generation, oil & gas, and marine transportation) units. Aerospace is riding on strong defense demand and a robust commercial afte ...

Key Takeaways MRK secures FDA nod for Enflonsia to prevent RSV in infants during or entering their first RSV season. Approval is based on CLEVER study data showing reduced RSV cases and hospitalizations in infants. MRK plans to price Enflonsia at $556 per dose, with orders starting ahead of the 2025-26 RSV season.Merck (MRK) announced FDA approval for its prophylactic long-acting monoclonal antibody, clesrovimab, for the prevention of RSV in newborns and infants born during or entering their first RSV sea ...

Parts of the IBM Quantum System Two are seen at IBM Thomas J. Watson Research Center on June 6, 2025 in Yorktown Heights, New York.IBM on Tuesday announced a roadmap to develop a large-scale, fault-tolerant quantum computer called Quantum Starling.Part of the company's plan involves the new IBM Quantum Nighthawk processor, which is set to release later this year, according to a blog post announcing the details."Unlocking the full promise of quantum computing will require a device capable of running larger, ...

Despite implementing job cuts, Amazon.com, Inc. AMZN continues to outshine other tech stocks.The Seattle-based company’s high-growth segments—from AWS cloud services and digital advertising to ambitious ventures like Project Kuiper's satellite internet—fuel steady expansion. Backed by cutting-edge investments in artificial intelligence and robotics, Amazon drives operational efficiency and unlocks new profit opportunities. Here are five factors to consider:Read Next: These Are The 3 Hottest Stock Market The ...

Teva Pharmaceutical Industries Limited (NYSE:TEVA) Goldman Sachs 46th Annual Global Healthcare Conference June 10, 2025 8:00 AM ET Company Participants Richard D. Francis - President, CEO & Director Conference Call Participants Matthew Michael Dellatorre - Goldman Sachs Group, Inc., Research Division Matthew Michael Dellatorre Okay. Great. Well, good morning, everyone, and thank you for joining us. My name is Matt Dellatorre, and I'm the generics pharma analyst here at GS. And we're really pleased to have T ...

Core Insights - Target Corporation's digital sales showed resilience in a challenging first quarter of fiscal 2025, with a 4.7% year-over-year increase in digitally originated comparable sales, driven by a 35% surge in same-day delivery through Target Circle 360 [1][8] Digital Strategy - Target Circle 360 is becoming a key element of Target's digital strategy, offering same-day delivery without price markups on both Target products and orders from over 100 third-party retailers via Shipt, providing a competitive edge in pricing transparency [2][4] - The membership model of Target Circle 360 is unique as it includes multiple partners like CVS, Petco, and Lowe's, enhancing its appeal beyond a single brand [3] Performance Metrics - In the first quarter, Target fulfilled over 70% of digital orders within a day, aided by Shipt's expanding driver network, while overall traffic declined by 2.4% and average transaction amounts fell by 1.4% [3][4] - Target reported a nearly 20% year-over-year improvement in delivery speed, which is crucial as consumers prioritize value and fast delivery in a cautious spending environment [4] Competitive Landscape - Target's digital growth strategy is comparable to Walmart's, which has seen a 22% increase in global e-commerce sales in the first quarter of fiscal 2026, leveraging its Walmart+ membership for same-day delivery [5] - Amazon continues to lead in fast fulfillment with its Prime membership, offering same-day or one-day delivery on millions of items, further intensifying competition in the digital retail space [6] Financial Overview - Target's stock has decreased by 13.7% over the past three months, contrasting with the industry's growth of 8.6% [7] - The forward 12-month price-to-earnings ratio for Target is 12.63, significantly lower than the industry's average of 33.21 [9] - The Zacks Consensus Estimate indicates a year-over-year decline in sales and earnings per share of 1.9% and 15.2%, respectively, for the current financial year [10]

Core Insights - Robinhood Markets (HOOD) was not included in the S&P 500 index, contrary to expectations, leading to a nearly 8% drop in stock price during intra-day trading [1] - Despite this setback, HOOD shares have surged 97% year-to-date, driven by product expansion, acquisitions, and favorable developments in the cryptocurrency sector [2][8] - Robinhood's market capitalization stands at $66 billion, significantly above the S&P 500's eligibility threshold of $20.5 billion, but other factors such as governance and liquidity are also considered for inclusion [3] Market Impact - Inclusion in the S&P 500 is crucial as it typically results in increased demand from index funds and passive investors, potentially boosting stock price and liquidity [4] - The recent exclusion may have impacted investor sentiment, as HOOD had previously experienced a six-day winning streak, reaching all-time highs [1][8] Competitive Landscape - Robinhood's competitor, Coinbase Global (COIN), was added to the S&P 500 in May, which may have raised expectations for HOOD's inclusion [5] - Another competitor, Interactive Brokers (IBKR), also faced a decline in stock price following the announcement of no changes to the S&P 500 index [6] Valuation Metrics - HOOD shares are currently trading at a forward price-to-earnings (P/E) ratio of 55.04X, significantly higher than the industry average of 13.80X, indicating high investor expectations [8][9] - The Zacks Consensus Estimate projects earnings growth of 11.9% for 2025 and 20.5% for 2026, with recent estimates remaining stable or slightly increasing [10][11]