The Pragmatic Investor covers global macro, international equities, commodities, tech and cryptocurrencies and is designed to guide investors of all levels in their journey. Features include a The Pragmatic Investor Portfolio, weekly market update newsletter, actionable trades, technical analysis, and a chat room. Learn moreJames Foord is an economist by trade and has been analyzing global markets for the past decade. He leads the investing group The Pragmatic Investor where the focus is on building robust ...

Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, with UP Fintech Holding Limited (TIGR) identified as a promising candidate due to its strong growth metrics and favorable rankings [2][10]. Group 1: Earnings Growth - UP Fintech Holding Limited has a historical EPS growth rate of 28.6%, with projected EPS growth of 38.1% for the current year, significantly outperforming the industry average of 9.1% [4]. Group 2: Cash Flow Growth - The company exhibits a year-over-year cash flow growth of 78.9%, which is substantially higher than the industry average of 14.4% [5]. - Over the past 3-5 years, UP Fintech Holding Limited has maintained an annualized cash flow growth rate of 70.6%, compared to the industry average of 8.9% [6]. Group 3: Earnings Estimate Revisions - The current-year earnings estimates for UP Fintech Holding Limited have been revised upward, with the Zacks Consensus Estimate increasing by 18.4% over the past month [8]. - The positive trend in earnings estimate revisions supports the stock's potential for near-term price movements [7]. Group 4: Overall Assessment - UP Fintech Holding Limited holds a Zacks Rank of 2 (Buy) and a Growth Score of B, indicating its potential as an outperformer and a solid choice for growth investors [10].

Company Performance - Darden Restaurants Inc. reported fourth-quarter adjusted earnings per share of $2.98, exceeding the analyst consensus estimate of $2.97 [2] - The company's quarterly sales reached $3.27 billion, surpassing the analyst consensus estimate of $3.26 billion [2] - For fiscal 2026, Darden expects adjusted EPS between $10.50 and $10.70, which is below the consensus estimate of $10.75 [2] - Darden projects total sales growth of 7% to 8% for the year [2] Stock Movements - Gorilla Technology Group Inc. shares increased by 36% to $25.51 following a strong first-quarter earnings report indicating significant revenue growth and a return to profitability [8] - Couchbase, Inc. shares surged 30% to $24.69 after agreeing to be acquired by Haveli Investments for $1.5 billion [8] - Innovative Eyewear, Inc. shares rose by 81% to $4.12 after announcing a partnership with Smartech Retail Group [8] - Accenture plc shares fell by 6% to $287.53 after releasing its third-quarter results [8] - Moleculin Biotech, Inc. shares dropped 47% to $0.31 due to a $5.9 million public offering announcement [8] - Smith & Wesson Brands, Inc. shares declined by 18% to $8.89 after reporting worse-than-expected fourth-quarter EPS and sales [8]

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Core Insights - Darden Restaurants, Inc. (DRI) reported strong fourth-quarter fiscal 2025 results, with earnings and revenues exceeding expectations, leading to a 4.1% increase in stock price during pre-market trading [1][8] Financial Performance - Adjusted earnings per share (EPS) for Q4 were $2.98, surpassing the Zacks Consensus Estimate of $2.96, and up from $2.65 in the prior-year quarter [2] - Total sales for the quarter reached $3,271.7 million, exceeding the consensus estimate of $3,266 million, and reflecting a 10.6% year-over-year increase, driven by a 4.6% rise in same-restaurant sales [2][8] Segment Performance - Olive Garden's sales increased by 8.1% year-over-year to $1.38 billion, with comparable sales rising 6.9% [3] - LongHorn Steakhouse saw a 9.3% year-over-year sales increase to $833.8 million, with comparable sales up 6.7% [4] - Fine Dining segment sales rose 2.3% year-over-year to $334.6 million, although comparable sales fell 3.3% [4] - Other Business segment sales surged 22.4% year-over-year to $722.3 million, with comparable sales increasing by 1.2% [5] Operating Costs - Total operating costs and expenses for Q4 increased by 12.8% year-over-year to $2.89 billion, primarily due to higher food and beverage expenses, labor costs, and marketing expenses, surpassing projections of $2.82 billion [6] Balance Sheet Highlights - As of May 25, 2025, cash and cash equivalents stood at $240 million, up from $194.8 million a year earlier [7] - Long-term debt increased to $2.13 billion from $1.37 billion year-over-year [9] Share Repurchase Program - Darden repurchased approximately 0.2 million shares worth $51 million during Q4 and authorized a new $1 billion share repurchase program on June 18, 2025, with no expiration date [10] Fiscal 2025 Overview - Total revenues for fiscal 2025 were nearly $12.08 billion, compared to $11.39 billion in fiscal 2024, with operating income rising to $1.36 billion from $1.31 billion [11] - Adjusted EPS for fiscal 2025 was $9.55, up from $8.88 in the previous year [11] Fiscal 2026 Outlook - For fiscal 2026, Darden anticipates total sales growth of 7% to 8%, with same-restaurant sales growth projected between 2% to 3.5% year-over-year [12] - Adjusted diluted EPS is expected to be in the range of $10.50 to $10.70, with plans to open 60-65 net new restaurants and total capital spending projected at $700-$750 million [12]

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive adopts technology enthusiastically, utilizing decades of expertise and experience among its content creators [4] - The company employs automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Core Insights - The European Commission has approved VYVGART® (efgartigimod alfa) for subcutaneous injection as a monotherapy for adult patients with chronic inflammatory demyelinating polyneuropathy (CIDP) after prior treatment with corticosteroids or immunoglobulins [1][4] - VYVGART is the first targeted IgG Fc-antibody fragment for CIDP and introduces a novel mechanism of action for CIDP treatment in over 30 years [2] - The approval is based on positive results from the ADHERE clinical trial, the largest study of CIDP patients to date, and is valid across all 27 EU Member States, as well as Iceland, Norway, and Liechtenstein [4] Company Overview - Halozyme Therapeutics, Inc. specializes in biopharmaceutical solutions aimed at improving patient experiences and outcomes, particularly through its ENHANZE® drug delivery technology [5] - The company has impacted over one million patients through its commercialized products and has licensed its ENHANZE® technology to major pharmaceutical companies including Roche, Takeda, and Pfizer [5] - Halozyme also develops drug-device combination products using advanced auto-injector technologies to enhance patient comfort and adherence [6] Strategic Partnerships - The approval of VYVGART represents a significant milestone in Halozyme's partnership with argenx, expanding access to CIDP treatment in Europe [3] - The company continues to collaborate with various pharmaceutical and biotechnology firms to leverage its ENHANZE® technology for improved drug delivery [5][6]

Core Point - An off-duty Joliet Police Officer, Kristen Ames, crashed a Tesla Cybertruck into townhomes, resulting in property damage and a $164 traffic ticket for failure to reduce speed [1][3][4] Incident Details - The crash occurred on May 31 at the corner of North Addleman Street and Tyler Drive, causing significant damage to a townhouse, including the destruction of a balcony and air conditioner [5][6] - Ames paid the traffic fine online and requested court supervision, leading to the cancellation of the scheduled court hearing [6][19] - The Cybertruck was owned by a suburban man who was not present during the incident, and a gun was found inside the vehicle [7][20] Police Response - The Joliet Police Department handled the incident internally without summoning an outside agency, issuing a single traffic ticket to Ames [4][18] - Five members of the Joliet Police Department responded to the crash, and the officer who issued the ticket was also a new recruit [16][19] - The department stated that no indicators of alcohol or drug influence were observed, thus no tests were administered [18][19] 911 Call Summary - Multiple 911 calls reported the crash, with witnesses describing the vehicle's erratic behavior and the damage to the townhouse [9][10] - One caller identified Ames as a Joliet police officer involved in the crash [12][14] Legal and Administrative Actions - The Joliet Police Department denied a Freedom of Information Act request for body camera footage, citing legal obligations [8][18] - There is no ongoing internal affairs investigation regarding Ames, and she remains on regular duty [19]

Core Viewpoint - The article discusses the recent incident of a New Haven mother being arrested by ICE agents, highlighting the city's response to escalating deportation policies under the Trump Administration and the impact on immigrant communities [2][5][17]. Group 1: Incident Overview - Nancy Martinez, a New Haven mother, was arrested by masked ICE agents while preparing to drive her children to school, an event captured on surveillance footage [2][12]. - The incident has drawn significant attention, with Mayor Justin Elicker condemning the act of family separation and calling for an end to inhumane immigration tactics [2][4]. Group 2: City Response - Mayor Elicker emphasized the city's commitment to fight against the Trump Administration's immigration policies, stating that New Haven will utilize all available resources to support its residents [4][17]. - The city has created educational resources in English and Spanish to inform residents of their rights regarding ICE interactions [7]. - New Haven is also improving protocols for city staff to ensure they understand their legal responsibilities during ICE actions [8]. Group 3: Legal Actions and Support - A lawsuit led by San Francisco and other jurisdictions, including New Haven, resulted in a federal judge issuing a Preliminary Injunction Order that prevents the Trump Administration from withholding federal funds from cities that do not assist in immigration enforcement [9][10]. - The city is exploring legal options to ensure ICE follows proper conduct rules, including identifying themselves during operations [10][11]. - Elicker noted the importance of having a support network for families facing potential separations due to ICE actions, highlighting the emotional and logistical challenges involved [17][19].

Core Insights - Kingstone Companies, Inc. (KINS) has shown significant growth in policies-in-force (PIF), with personal lines now constituting 96% of total PIF, up from 88% a year ago [1][8] - The exit of major insurers from the New York personal lines market in 2024 allowed KINS to capture a substantial share, writing over 6,000 new policies and adding $23 million in premium volume in the latter half of 2024 [2][8] - KINS anticipates a premium growth of 15-25% in its core segment for 2025, supported by newly onboarded policies that adhere to tightened underwriting standards [3][8] Company Strategy - KINS has strategically exited underperforming and non-core areas, allowing for a more focused allocation of underwriting resources, which has resulted in a nearly 19% year-over-year increase in renewal premiums in Q1 2025 [4] - The disciplined growth strategy has led to six consecutive profitable quarters and improved combined ratios, indicating a commitment to stable, high-margin growth [4] Competitive Landscape - KINS competes closely with Kinsale Capital Group (KNSL) and Heritage Insurance Group (HRTG), both of which also emphasize disciplined underwriting and targeted market expansion [5][6] - Kinsale's growth is driven by its expanding presence in the excess and surplus insurance market, while Heritage has focused on higher-margin segments, enhancing its underwriting results [5][6] Financial Performance - KINS shares have underperformed the industry, losing 2.5% year to date [7] - The company trades at a price-to-book value ratio of 2.46, above the industry average of 1.55, but holds a Value Score of A [9] - Consensus estimates for KINS' 2025 and 2026 revenues and EPS indicate year-over-year increases, with a Growth Score of A [10][11]