Does The Latest Nuclear Stocks Rally Have Legs?
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Money Distilled
Shares in uranium explorers and other nuclear stocks are surging. What's going on?
Welcome to the award-winning Money Distilled newsletter. I'm John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money.
Before we get started on today's missive, a mea culpa with regard to yesterday's piece on platinum. A reader (thank you! You know who you are) informs me that platinum coins were used in Russia, between 1828 and 1845.
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Forbes
24 minutes ago
- Forbes
Heico Earnings: How To Trade It?
CHONGQING, CHINA - MAY 25: In this photo illustration, the logo of HEICO is displayed on a ... More smartphone screen, with the company's stylized branding visible in the background, on May 25, 2025, in Chongqing, China. (Photo illustration by) Heico (NYSE:HEI), an aerospace and electronics firm, is set to announce its earnings on Tuesday, June 3, 2025. For traders focused on events, analyzing historical stock behavior surrounding earnings can be crucial, although the actual results will greatly affect the outcome. There are two primary strategies to think about if you intend to utilize historical patterns: It's important to highlight that over the last five years, Heico has recorded negative one-day returns following earnings releases in 53% of cases. The median drop has been -3.1%, with a maximum one-day decline of -8.7%. Analysts predict that Heico will report earnings of $1.12 per share, accompanied by sales of $1.11 billion. This would reflect an increase compared to the same quarter last year, when the company reported earnings of $0.97 per share on sales of $992 million. Fundamentally, Heico holds a current market capitalization of $42 billion. Over the past twelve months, the company produced $4.0 billion in revenue and was operationally profitable, achieving $871 million in operating profits and a net income of $567 million. However, if you're looking for potential growth with lower volatility compared to individual stocks, the Trefis High Quality portfolio offers an alternative — it has outperformed the S&P 500 and delivered returns exceeding 91% since its inception. Additionally, consider – Buy, Sell, or Hold HIMS Stock? See earnings reaction history of all stocks Here are some insights on one-day (1D) post-earnings returns: Further details regarding observed 5-Day (5D), and 21-Day (21D) returns post earnings are summarized along with the statistics in the table below. HEI 1D, 5D, and 21D Post-Earnings Return A relatively lower-risk strategy (though not valuable if the correlation is weak) is to understand the relationship between short-term and medium-term returns post earnings, identify a pair that exhibits the highest correlation, and execute the relevant trade. For instance, if 1D and 5D demonstrate the strongest correlation, a trader could position themselves 'long' for the following 5 days if the 1D post-earnings return is positive. Below is some correlation data based on 5-year and 3-year (more recent) history. Note that the correlation 1D_5D refers to the correlation between 1D post-earnings returns and subsequent 5D returns. HEI Correlation Between 1D, 5D and 21D Historical Returns Occasionally, the performance of peers can affect the stock reaction following earnings. In fact, pricing may begin prior to the earnings being announced. Here is some historical data regarding the previous post-earnings performance of Heico stock compared to the stock performance of peers that released earnings just ahead of Heico. For a fair comparison, peer stock returns also represent post-earnings one-day (1D) returns. HEI Correlation With Peer Earnings Discover more about Trefis RV strategy that has outperformed its all-cap stocks benchmark (a combination of all 3: the S&P 500, S&P mid-cap, and Russell 2000), yielding strong returns for investors. Additionally, if you desire upside with a more stable experience than an individual stock like Heico, consider the High Quality portfolio, which has surpassed the S&P and achieved >91% returns since its inception.
CNN
an hour ago
- CNN
Russia and Ukraine resume peace talks in shadow of Kyiv's audacious air raid
Russian and Ukrainian delegates are meeting in Istanbul on Monday for their second set of direct peace talks, a day after Kyiv launched a shock drone attack on Russia's nuclear-capable bombers, in an operation that President Volodymyr Zelensky said was a year and a half in the making. After the initial round of discussions in the Turkish city last month – the first between the warring countries since soon after Russia's full-scale invasion in early 2022 – both sides agreed to share their conditions for a full ceasefire and a potentially lasting peace. Zelensky said Sunday that Ukraine had presented Moscow with its 'logical and realistic' demands, but said Russia had not yet shared its memorandum. 'We don't have it,' Zelensky said. 'The Turkish side doesn't have it, and the American side doesn't have the Russian document either. Despite this, we will attempt to achieve at least some progress on the path toward peace.' It is not yet clear if Ukraine's daring Sunday air raid will streamline that path or make it more thorny. Kyiv has long sought to impress upon the Kremlin that there are costs to prolonging its campaign, but some analysts have warned that the operation – which struck Russian airfields thousands of miles from Ukraine's borders – will only replenish Moscow's resolve. The mission, codenamed 'Spiderweb,' was one of the most significant blows that Ukraine has landed against Russia in more than three years of full-scale war. Ukraine's security service, the SBU, said it had smuggled the drones into Russia, hiding them in wooden mobile homes latched onto trucks. The roofs were then remotely opened, and the drones deployed to launch their strikes on four Russian airfields across the vast country. Vasul Malyuk, the head of the SBU, said the attack caused an estimated $7 billion in damage and had struck 34% of Russia's strategic cruise missile carriers – a total of 41 aircraft. These targets were 'completely legitimate,' Malyuk said, stressing that Russia had used the planes throughout the conflict to pummel Ukraine's 'peaceful cities.' The operation has provided a much-needed boost to morale in Ukraine, which has come under fierce Russian bombardment since peace talks began in mid-May, and is bracing for an expected summer offensive. Moscow launched a record 472 drones at Ukraine overnight into Sunday, only hours before the Ukrainian attack, according to Ukrainian officials. At a summit in Lithuania on Monday, an upbeat Zelensky said the operation proved that Ukraine has 'stronger tactical solutions' than Russia. 'This is a special moment – on the one hand, Russia has launched its summer offensive, but on the other hand, they are being forced to engage in diplomacy,' Zelensky said. Video obtained by CNN appears to show Russian combat planes burning on the tarmac following a large scale Ukrainian drone attack. CNN cannot independently verify the location of the videos but a source in the Ukrainian Security Service (SBU) said the drone strikes targeted four airbases deep inside Russia. The talks in Istanbul are a test of how genuine that engagement is. Last month, Russian President Vladimir Putin proposed holding 'direct talks' with Ukraine in Turkey, but didn't show up, despite Zelensky agreeing to meet. In the end, Moscow sent a low-level delegation to negotiate instead. In the latest sign of his frustration that the war he pledged to end in a day is showing little sign of stopping, US President Donald Trump said last week that Putin had gone 'absolutely crazy,' after Moscow launched the largest aerial attack of the war. Trump has repeatedly told Russia and Ukraine there will be consequences if they don't engage in his peace process, although he has so far resisted growing calls from lawmakers in his Republican Party to use sanctions to pressure Putin into winding down his war. Speaking in Lithuania, Zelensky said that if Monday's meeting 'brings nothing, that clearly means strong new sanctions are urgently, urgently needed.' CNN's Tim Lister, Ivana Kottasová and Helen Regan contributed reporting.
Bloomberg
3 hours ago
- Bloomberg
Stamp Duty Deadline Dents The UK Housing Market
Can we expect a rapid rebound, or stagnation later this year? By Save Welcome to the award-winning Money Distilled newsletter. I'm John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. The UK housing market is behaving roughly as you'd expect, given that the cost of buying a home has recently shot up.
