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Amazon.com (AMZN) Rebounded in Q2
Amazon.com (AMZN) Rebounded in Q2

Yahoo

time17-07-2025

  • Business
  • Yahoo

Amazon.com (AMZN) Rebounded in Q2

Investment management company Vulcan Value Partners recently released its second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The firm does not focus on short-term outcomes, whether positive or negative, and believes it can enhance the potential long-term returns and reduce risk. In the quarter, the Large Cap Composite returned 7.0% net of fees and expenses, the Small Cap Composite returned 6.7% net, the Focus Composite returned 9.5% net, the Focus Plus composite returned 8.8% and the All-Cap Composite returned 8.1% net. For more information on the fund's best picks in 2025, please check its top five holdings. In its second quarter 2025 investor letter, Vulcan Value Partners highlighted stocks such as Inc. (NASDAQ:AMZN). Inc. (NASDAQ:AMZN) provides consumer products, advertising, and subscription services through online and physical stores. The one-month return of Inc. (NASDAQ:AMZN) was 5.02%, and its shares gained 21.46% of their value over the last 52 weeks. On July 16, 2025, Inc. (NASDAQ:AMZN) stock closed at $223.19 per share, with a market capitalization of $2.369 trillion. Cooper Investors Global Equities Fund stated the following regarding Inc. (NASDAQ:AMZN) in its second quarter 2025 investor letter: " Inc. (NASDAQ:AMZN) is a dominant, world-class company with powerful secular tailwinds in place including its e-commerce penetration, digital advertising growth, and the transition to the cloud. Amazon reported strong results during the f irst quarter. The company's stock rebounded during the second quarter." Inc. (NASDAQ:AMZN) is in first position on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 328 hedge fund portfolios held Inc. (NASDAQ:AMZN) at the end of the first quarter compared to 339 in the fourth quarter. In Q1 2025, Inc. (NASDAQ:AMZN) achieved global revenue of $155.7 billion, representing an 10% year-over-year growth excluding the impact of foreign exchange. While we acknowledge the potential of AMZN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Inc. (NASDAQ:AMZN) and shared the list of stocks that Jim Cramer recently discussed. Alphyn Capital Management highlighted Inc. (NASDAQ:AMZN) in its Q2 2025 investor letter and described it as a self-sustaining multi-legged compounding machine, valued at roughly a mid-teen multiple of its normalized free cash flow. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio

Munis Top Stocks on Value by the Most in Decades, MacKay Says
Munis Top Stocks on Value by the Most in Decades, MacKay Says

Bloomberg

time14-07-2025

  • Business
  • Bloomberg

Munis Top Stocks on Value by the Most in Decades, MacKay Says

Tax-exempt municipal bonds are offering compelling value compared to equities, according to a new report by MacKay Municipal Managers. The firm, the muni investment arm of MacKay Shields, found that after accounting for taxes, muni yields exceed the S&P 500 earnings yield by about 244 basis points, a gap not seen since 2001-02. The earnings yield, often used as a proxy for what shareholders earn on stocks, has fallen as equity valuations climb.

‘Unloved' Stocks Rally Is Luring Some Big Buyers Off Sidelines
‘Unloved' Stocks Rally Is Luring Some Big Buyers Off Sidelines

Bloomberg

time09-07-2025

  • Business
  • Bloomberg

‘Unloved' Stocks Rally Is Luring Some Big Buyers Off Sidelines

Fast-money investors are edging their way back into US stocks after sitting out a furious rally, bolstering the case for equities to extend their advance further into uncharted territory. A BNP Paribas measure of equity positioning among investors including commodity-trading advisors, volatility-target funds and hedge funds has been steadily rising and now sits at just above neutral. That follows a monthslong rally that saw the S&P 500 Index rebound to new highs from the precipice of a bear market. The last time institutions were this light on stocks in the midst of a sharp recovery was in 2023, according to the bank.

Altius Provides 2nd Quarter 2025 Project Generation Update
Altius Provides 2nd Quarter 2025 Project Generation Update

National Post

time07-07-2025

  • Business
  • National Post

Altius Provides 2nd Quarter 2025 Project Generation Update

Article content ST. JOHN'S, Newfoundland and Labrador — Altius Minerals Corporation (ALS:TSX) (ATUSF: OTCQX) ('Altius') is pleased to update its Project Generation ('PG') business activities and its public junior equities portfolio. Article content The market value of equities in the portfolio at June 30, 2025 was $87.3 million, compared to $71.4 million at March 31, 2025. In addition, net cash proceeds of $293,000 were generated from modest portfolio sales. Article content Article content An updated list of the public equity holdings has been posted to the Altius website at Article content Portfolio Highlights Article content Overall performance of the portfolio during the quarter was largely driven by its holding of 39,557,961 common shares or an approximate 19.6% interest in Orogen Royalties Inc. (TSX-V:OGN) ('Orogen'), which announced a plan of arrangement with Triple Flag Precious Metals Corp. ('Triple Flag') on April 22 nd, 2025 effectively resulting in Triple Flag's acquisition of Orogen's 1.0% NSR royalty on the Expanded Silicon project. Altius subsequently reported its support of the agreement and at Orogen's Annual General and Special Meeting on June 27, 2025 shareholders overwhelmingly approved the Plan of Arrangement. Triple Flag is acquiring all the issued and outstanding common shares of Orogen for total consideration of approximately $421 million, or $2 per share. In exchange for Orogen shares, Altius will receive cash, Triple Flag shares, and 9,889,490 shares (16.7%) of a spin out company ('Orogen SpinCo') that will hold all of Orogen's exploration assets, early-stage royalties, and the producing Ermitaño royalty. Total implied gross proceeds to Altius are expected to be in the range of $80 million, with some variability depending on the final allocation of cash and shares and the value of Orogen SpinCo. This compares to an original cost base of under $15 million. Altius also renewed its exploration alliance with Orogen (henceforth Orogen SpinCo) for the fourth consecutive year, whereby both parties will continue to conduct early-stage mineral exploration work in Nevada. Altius also directly holds a separate 1.5% NSR royalty covering the Expanded Silicon project for which it is currently considering strategic alternatives. Article content Article content announced Article content Article content a potential new porphyry copper discovery at the La Coipita project in the San Juan Province of Argentina. Hole DDH-LC25-006 was highlighted by 621 metres ('m') grading 0.38% Cu, 0.07 g/t Au and 62 ppm Mo, from 410 m to 1,031 m, which included 114 m grading 0.70% Cu, 0.07 g/t Au and 81 ppm Mo, from 410 m to 524 m down-hole depth, interpreted as a secondary enrichment zone. The project lies within the Miocene porphyry-epithermal belt of Argentina and Chile which hosts significant porphyry Cu-Mo-Au mineral deposits such as Filo del Sol to the north and Los Azules, Los Pelambres, and El Pachón to the south. Article content The project is being advanced by a subsidiary of Teck Resources Limited under the terms of an earn-in and joint venture agreement between it and Abra. Altius holds a royalty acquisition right to acquire a 1.10% net smelter return royalty covering the project as part of a strategic equity investment in Abra in 2020 when it entered into the option agreement to acquire a 100% interest in the La Coipita project. As per the terms of the Option Agreement, the Vendor retained a 1.10% royalty and of Abra assigned to Altius an exclusive right to purchase the royalty for US$5,000,000 at any time up to the commencement of construction on the project. Article content In late June Altius sold its Roebucks base metals project in central Newfoundland to a private company, VMS Mining Inc. ('VMS'), for 10 million common shares while also retaining a 2.5% NSR royalty covering the project. Canstar Resources Inc. (TSX-V:ROX) ('Canstar') also announced the execution of a letter of intent (LOI) with VMS establishing terms for an $11.5-million exploration joint venture exploring the company's polymetallic volcanogenic massive sulphide assets in Newfoundland. Altius retains a 2% NSR royalty over certain mineral licenses in the Buchans/Mary March area being explored by Canstar. Altius also owns 11,855,524 (~8%) common shares of Canstar and a 2% NSR royalty covering its Golden Baie precious metals project in Newfoundland. Article content Altius is also presently active in evaluating and negotiating potential exploration alliances and/or investment opportunities that support royalty creation in multiple current and new jurisdictions. Article content Qualified Person Article content Lawrence Winter, Ph.D., Vice President, Generative and Technical for Altius, a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects, is responsible for the scientific and technical data presented herein and has reviewed, prepared and approved this release. Article content About Altius Article content Altius's strategy is to create per share growth through a diversified portfolio of royalty assets that relate to long life, high margin operations. This strategy further provides shareholders with exposures that are well aligned with sustainability-related global growth trends including the electricity generation transition from fossil fuel to renewables, transportation electrification, reduced emissions from steelmaking and increasing agricultural yield requirements. These macro-trends each hold the potential to cause increased demand for many of Altius's commodity exposures including copper, renewable based electricity, several key battery metals (lithium, nickel and cobalt), clean iron ore, and potash. In addition, Altius runs a successful Project Generation business that originates mineral projects for sale to developers in exchange for equity positions and royalties. Altius has 46,315,304 common shares issued and outstanding that are listed on Canada's Toronto Stock Exchange. It is a member of both the S&P/TSX Small Cap and S&P/TSX Global Mining Indices. Article content Article content Article content Article content Contacts Article content For further information, please contact: Article content Chad Wells Article content Article content Email: Article content Cwells@ Article content Article content Tel: 1.877.576.2209 Article content Flora Wood Article content Article content Email: Article content Article content Article content

EasyB Is Widening the Transatlantic Valuation Gap
EasyB Is Widening the Transatlantic Valuation Gap

Bloomberg

time04-06-2025

  • Business
  • Bloomberg

EasyB Is Widening the Transatlantic Valuation Gap

Euro-zone inflation paves the way for an ECB rate cut. That will further support European equities. Save To get John Authers' newsletter delivered directly to your inbox, sign up here. Please help us improve Bloomberg newsletters by taking a quick survey to share your thoughts on your signup experience and what you'd like to see in the future. Here's the link: And many thanks. Before it's here, it's on the Bloomberg Terminal

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