Group 1 - The article discusses the performance of the AMLP ETF, which experienced a decline due to Liberation Day, but the underlying companies have maintained steady operations [1] - The author emphasizes a diverse investment strategy that includes cyclical industries, bonds, commodities, and forex, highlighting the potential for significant returns during economic recovery [1] - The author's background in various industries and international education provides a unique perspective on market dynamics and investment opportunities [1] Group 2 - No relevant content available for this section [2][3]

Self-driving cars are slowly becoming less sci-fi and more real-world as companies like Waymo, the driverless arm of Google's parent Alphabet, expand into more cities. This week, the robotaxi service stretched into more parts of the San Francisco Bay Area and Los Angeles. And starting next month, Waymo will start testing its autonomous tech in New York City. Now, Bay Area riders can hail a fully autonomous Waymo ride in Brisbane, South San Francisco, San Bruno, Millbrae and Burlingame via the Waymo One app, ...

Core Insights - Peregrine is a new luxury mid-rise apartment community in Irving, Texas, featuring 364 residences with various floor plans [1][3] - The community offers high-quality finishes and upscale amenities, aligning with the expectations of renters in the Dallas-Fort Worth area [3][6] - Peregrine is part of Toll Brothers Apartment Living's expansion in Texas, marking the sixth multifamily community opened in the state within the past year [9] Company Overview - Toll Brothers Apartment Living is the rental subsidiary of Toll Brothers, Inc., recognized as the nation's leading builder of luxury homes [10] - The company has been acknowledged in the National Multifamily Housing Council's Top 25 Largest Developers list for five consecutive years, with over 10,000 units completed nationally [10] - Toll Brothers operates in over 60 markets across 24 states, providing a range of residential options for various buyer demographics [12] Amenities and Features - Peregrine includes designer finishes such as quartz countertops, stainless steel appliances, and smart home technology [3][5] - Residents have access to a hospitality-inspired lobby, a two-story fitness center, a rooftop lounge, and a resort-style pool [5][6] - Additional amenities include a coworking suite, a dog park, and dedicated bike storage [5][6] Location and Accessibility - The community is strategically located near major employment centers in Dallas and Fort Worth, with easy access to Dallas Fort Worth International Airport [9] - Residents can enjoy nearby parks and outdoor recreation areas, enhancing the appeal of the location [8][9]

Core Viewpoint - Recent data from CarMax KMX Auto Finance indicates a rise in loan delinquencies and net losses, raising concerns about credit quality in the used auto lender's portfolio [1][4]. Summary by Sections Loan Performance - After two months of stability, loan delinquency and loss rates have worsened, with May showing a sharper increase than typical seasonal trends [2][3]. - The portfolio-level delinquency rate increased by 36 basis points sequentially, exceeding the historical seasonal average of 18 basis points [7]. - Year-over-year, the portfolio-level delinquency rate rose by 16 basis points, contrasting with a trailing three-month trend of a decrease of 2 basis points [8]. Credit Quality Concerns - The cumulative net loss rate increased by 52 basis points year-over-year, consistent with a trailing three-month trend of 48 basis points [8]. - Newer securitizations are not performing better than older vintages, with the delinquency rate for the most recent prime securitization trending higher than older vintages [5][4]. Analyst Insights - Analyst Scott Devitt maintains an Outperform rating on CarMax with a price target of $90, despite the concerns raised by the recent data [1]. - Devitt projects first-quarter revenue of $7.67 billion and earnings per share of $1.23 [10]. - The company is expected to face increased loan loss provisions as it targets lower-tier borrowers to maintain interest margins [6][4]. Market Dynamics - Despite the challenges, the used auto market remains healthy, supported by strong gross profit margins for scaled retailers [9][10]. - CarMax has sustained robust sourcing methods and integrated credit capabilities, which have helped maintain performance amid macroeconomic uncertainties [10].

Core Viewpoint - Canadian Life Companies Split Corp. is initiating an offering of Preferred Shares and Class A Shares, with the offering period ending on June 19, 2025, and expected closure around June 26, 2025, pending TSX approval [1][2]. Offering Details - The Preferred Shares will be priced at $10.55 each, yielding 6.64%, while the Class A Shares will be priced at $6.35 each, yielding 18.90% [2]. - The closing prices on June 17, 2025, were $10.71 for Preferred Shares and $6.39 for Class A Shares [2]. Dividend History - Since inception, the total dividends declared on Preferred Shares amount to $12.44 per share, and on Class A Shares, it is $9.15 per share, totaling $21.59 per unit [3]. Use of Proceeds - The net proceeds from the offering will be invested in a portfolio primarily consisting of four publicly traded Canadian life insurance companies: Great‐West Lifeco Inc., Industrial Alliance Insurance & Financial Services Inc., Manulife Financial Corporation, and Sun Life Financial Inc. [4]. Investment Objectives - For Preferred Shares, the objective is to provide fixed, cumulative preferential monthly cash dividends at a rate equal to the greater of 7.00% or Prime Rate plus 2% (capped at 9%) annually based on the $10.00 original issue price, with a return of the original issue price on or about December 1, 2030 [6]. - For Class A Shares, the objective is to provide regular monthly cash dividends as determined by the directors, with remaining amounts paid to Class A shareholders after Preferred shareholders are compensated on or about December 1, 2030 [6].

Core Insights - Jabil Inc. reported better-than-expected third-quarter results with adjusted earnings per share of $2.55, surpassing the analyst consensus estimate of $2.31, and quarterly sales of $7.83 billion, exceeding the consensus estimate of $7.06 billion [1] Financial Projections - For the fourth quarter, Jabil projects net revenues between $7.10 billion and $7.80 billion, compared to a consensus of $7.19 billion, and anticipates adjusted EPS of $2.64 to $3.04 against a consensus of $2.74 [2] - For fiscal 2025, Jabil expects revenues of $29.0 billion, above the consensus of $28.0 billion, and anticipates adjusted EPS of $9.33, exceeding the consensus of $8.97 [3] Stock Performance - Following the earnings announcement, Jabil shares rose by 4.1% to trade at $204.98 [3] Analyst Ratings and Price Targets - UBS analyst David Vogt maintained a Neutral rating and raised the price target from $157 to $208 [5] - JP Morgan analyst Samik Chatterjee maintained an Overweight rating and increased the price target from $180 to $214 [5] - Goldman Sachs analyst Mark Delaney maintained a Buy rating and raised the price target from $188 to $215 [5] - Raymond James analyst Melissa Fairbanks reiterated a Strong Buy rating and increased the price target from $170 to $230 [5]

PSE&G Continues to be Ready to Deliver Solutions to Address Supply-Demand ImbalanceNEWARK, N.J., June 18, 2025 /PRNewswire/ -- Public Service Electric and Gas Company (PSE&G) today announced the New Jersey Board of Public Utilities (BPU) approved PSE&G's proposal to provide all residential customers with a temporary credit that will offer relief on their summer electric bills. The credit will combat the significant electric supply price increase that is the result of PJM's capacity price auction. PSE&G's r ...

PALM BEACH GARDENS, FL, June 18, 2025 (GLOBE NEWSWIRE) -- Blue Biofuels, Inc. (OTCQB: BIOF). Blue Biofuels is proud to announce the issuance of a new United States patent, further strengthening the company’s expanding intellectual property portfolio. This latest patent brings the company’s total number of granted patents to seven, with an additional 25 patent applications pending. Together, they form a robust IP foundation that underscores Blue Biofuels’ commitment to safeguarding its pioneering biofuel tec ...

PHILADELPHIA, June 18, 2025 (GLOBE NEWSWIRE) -- Berger Montague PC advises investors that a securities class action lawsuit has been filed against Open Lending Corporation (“Open Lending” or the “Company”) (NASDAQ: LPRO) on behalf of purchasers of Open Lending securities between February 24, 2022 through March 31, 2025, inclusive (the “Class Period”). Investor Deadline: Investors who purchased or acquired Open Lending securities during the Class Period may, no later than JUNE 30, 2025, seek to be appointed ...

Core Viewpoint - The digital banking space is identified as an attractive investment arena, with a focus on companies like Alkami Technology, Q2 Holdings, and nCino, which are modernizing customer-facing software for financial institutions [1][3]. Company Summaries - **Alkami Technology**: - Rated as Overweight by the analyst, with organic revenue growth exceeding 20% and trading at six times EV/Sales for 2026E [4]. - Holds less than 5% market share in a ~$10 billion market, with up to 60% of the market being an addressable opportunity [3]. - Benefits from high customer retention and long contract lengths, supporting revenue visibility [1]. - **Q2 Holdings**: - Also rated as Overweight, with similar characteristics to Alkami Technology in terms of customer retention and contract lengths [1]. - Holds less than 10% market share in the same ~$10 billion market, presenting significant growth potential [3]. - **nCino**: - Rated as Neutral, focusing on cloud-based banking software solutions for financial institutions [2]. - The analyst has identified idiosyncratic factors that have kept her on the sidelines regarding nCino compared to broader vertical SaaS [2]. Market Dynamics - The digital banking industry is characterized by durable revenue growth, margin expansion, high customer retention, and strong cross-sell prospects [4]. - The monetization model for these companies is defensive, based on the number of bank accounts and products subscribed to by banks [2]. - The opportunity to enhance bank efficiency is perceived as limitless, indicating a robust growth trajectory for the sector [2]. Price Actions - As of publication, stock prices are as follows: - Alkami Technology (ALKT) is up 5.26% at $28.24 - Q2 Holdings (QTWO) is up 3.56% at $89.07 - nCino (NCNO) is down 0.44% at $26.96 [5].