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Hawkins Stock: A Track Record Of Growth But It’s Overvalued (NASDAQ:HWKN)
I am a self-taught individual investor and I have been investing in stocks for over 25 years. I focus on dividend growth investing with a long-term horizon since I believe in the compounding power of dividend growth investing. I generally look for undervalued stocks with sustainable dividend growth and capital appreciation potential. I try to provide a little more in depth analysis weighing the positives and negatives. I am now in the Top 2.0% out of 28,000+ financial bloggers (February 2024) as tracked by Tip Ranks for my SA articles.Blog: www.dividendpower.orgWork/ associated with the existing authors James Marino and Ferdis.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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 no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Business
T-Mobile Down? Service Hit by New Outage Reports Tuesday, One Day After Nationwide 62,000-Report Failure
T-Mobile customers reported fresh service problems early Tuesday morning, according to outage-tracking service Downdetector, coming just a day after the wireless carrier suffered one of its largest network outages in recent memory that affected tens of thousands of users nationwide.
Downdetector said user reports indicated problems with T-Mobile beginning around 6:19 a.m. Eastern time Tuesday, prompting the company to post about the disruption on X using the hashtag #TMobileDown.
A Massive Outage Just One Day Earlier
Tuesday’s reports follow a far larger disruption that hit T-Mobile’s network on Monday afternoon, one of the most significant outages the carrier has experienced in recent memory. T-Mobile was down for thousands of users in the U.S. on Monday, according to Downdetector.com, with the wireless carrier’s service outage beginning around 4 p.m. Eastern time and more than 62,000 incidents reported countrywide at its peak, before the number fell to about 21,200 by 6:05 p.m.
Other outlets tracking the Monday incident recorded even higher peak figures. Reports on Downdetector surged to more than 64,000 from users across the country, with the disruption beginning around 1 p.m. Pacific time before truly spiking roughly 30 minutes later.
A Disruption Felt Across the Country
Monday’s outage was not confined to any single region, with users reporting problems from coast to coast. Outage reports came in from nearly every major city in the United States and multiple states, spanning from Florida and California to North Carolina and Washington, with additional reports emerging from Minnesota, Louisiana and Hawaii.
Affected customers described losing cellular service entirely during the height of the disruption. Users on social media reported being stuck in “SOS” mode, indicating their devices had lost standard network connectivity and could only place emergency calls.
T-Mobile’s Delayed Public Response
The carrier faced criticism for how long it took to publicly acknowledge the scale of Monday’s problems, even as complaints continued mounting online. T-Mobile said in a statement to Reuters that it was actively working on the reports of technical challenges impacting some customers, but did not provide a reason for the outage.
The company’s more detailed public acknowledgment came notably later than when the disruption first began. Over two hours after reports spiked on Downdetector, T-Mobile finally acknowledged the outage with a post on its T-Mobile Help account. “Our teams are actively working on the reports of technical challenges impacting some customers,” the company wrote. “Any service impacts are in the process of being resolved and are our highest priority. We know how critical it is to stay connected and every available resource is focused on resolving this as quickly as possible.”
Frustration Over the Company’s Silence
The delay in T-Mobile’s response drew criticism from customers who felt the company was too slow to communicate about the scope of the problem. Many people commenting on the situation said the outage lasted even longer than the company’s statement suggested, with some reporting disruptions of up to four hours, and expressed frustration with what they described as T-Mobile’s prolonged silence before issuing any public update.
Caveats Around Outage-Tracking Data
As with most Downdetector-based outage reporting, the actual number of people affected by Monday’s disruption may not precisely match the figures shown on the tracking site. The actual number of affected users may differ from what’s shown on Downdetector, which tracks outages by collating status reports from a number of sources rather than directly from the carrier’s own internal systems.
Not T-Mobile’s First Recent Outage
Monday’s disruption adds to a pattern of periodic network problems that have affected T-Mobile and its mobile virtual network operator partners over the past couple of years. The carrier experienced a smaller, regional outage in November 2024 that was traced to a brief mechanical issue at a facility in the Salt Lake City area, a disruption that also affected MVNOs like Google Fi and Mint Mobile, which rely on T-Mobile’s underlying network infrastructure.
An earlier outage in October 2024 was attributed to a third-party vendor fiber cut and predominantly affected users in Florida, Alabama and Georgia, an incident that also knocked out T-Mobile Home Internet service for some customers during a roughly six-hour disruption window.
How Tuesday’s Reports Compare
While Downdetector’s initial figures for Tuesday’s disruption, at 775 reports as of the 6:19 a.m. posting, are far smaller in scale than Monday’s tens-of-thousands-strong wave of complaints, the timing has raised questions among affected customers about whether the new reports represent a lingering aftereffect of Monday’s outage or an entirely separate technical issue. As of Tuesday morning, T-Mobile had not issued a specific statement addressing the cause of the newly reported problems.
With T-Mobile having only recently resolved Monday’s large-scale outage, customers experiencing renewed issues Tuesday are likely to watch closely for an official update from the company clarifying whether the new reports are connected to the prior day’s disruption or represent a fresh, unrelated technical problem. Given the criticism the company faced over its delayed communication during Monday’s outage, T-Mobile may face added pressure to respond more quickly this time, particularly as affected customers continue to rely on outage-tracking platforms like Downdetector for real-time updates in the absence of prompt official statements from the carrier itself.
Business
Thailand Business Update: Economic Developments and Investment Trends
Thailand has been at the center of a wide range of international headlines recently, spanning diplomatic apologies, security incidents, economic developments, and cultural milestones. This roundup captures the most significant stories shaping the country’s global image and domestic priorities.
Diplomatic Incident: Italian Students’ Bangkok Metro Controversy
A viral incident involving Italian exchange students behaving badly on Bangkok’s metro system dominated headlines this week. The Italian embassy issued a formal apology after footage showed teenagers disrupting a local passenger, sparking widespread outrage across Thai social media. The case was ultimately settled through apologies and fines, with the Italian school also apologizing to the broader Thai public for the embarrassment caused. The incident underscores the importance Thailand places on public decorum and respect toward locals, especially from foreign visitors and students studying in the country. Read more on Thailand Business News
Security and Border Tensions
Thailand continues to navigate serious security challenges on multiple fronts. Five soldiers were killed in an attack at a checkpoint in southern Thailand, highlighting ongoing insurgent violence in the region. Simultaneously, Thailand is pressing forward with a border fence project along the Cambodian frontier following clashes in 2025, while Cambodian officials have acknowledged that the ceasefire between the two nations remains fragile. These developments reflect persistent instability in Thailand’s border regions, requiring sustained military and diplomatic attention.
Economic Developments and Investment Trends
Thailand’s economy is experiencing notable shifts, particularly in foreign investment and technology sectors. Foreign investment applications jumped 80% to $40.6 billion, driven largely by the ongoing AI boom. This surge is complemented by growing China-Thailand technology cooperation, aimed at fostering a “prosperous shared future.” However, not all economic indicators are positive—industrial output shrank the most in seven months, and the Bank of Thailand forecasts modest 2.3% growth while warning that rising debt could affect the broader economy. Additionally, Thailand has decided to keep its value-added tax steady at 7% for another year, signaling a cautious approach to fiscal policy amid economic uncertainty. See related coverage on Thailand Business News
Cybersecurity Challenges
The financial sector faces mounting cybersecurity threats. Thailand’s SEC has filed a criminal complaint against Bitkub, alleging the crypto exchange concealed a cyberattack that resulted in a $47-50 million hack. Separately, hackers reportedly used an autonomous AI agent to spy on Thailand’s Finance Ministry, raising alarms about the sophistication of cyber threats targeting government institutions. In response, Thailand is strengthening international partnerships, including a new cybersecurity collaboration between the Bank of Thailand and Singapore’s MAS.
Automotive and Manufacturing Shifts
Thailand’s automotive industry is undergoing significant transformation as Chinese EV manufacturers gain ground, prompting the country to cut its vehicle output targets. This shift reflects broader trends discussed in coverage of how domestic EV policy is reshaping the global automotive hierarchy, with China and Thailand positioned as emerging leaders in electric vehicle production and adoption.
Wellness, Tourism, and Cultural Heritage
Thailand continues to position itself as a premier wellness and tourism destination. The country aims to become one of the top five wellness economies in the Asia Pacific region by 2030, backed by investments in luxury wellness experiences that go “beyond the spa day.” Tourism infrastructure is also evolving, with new alliances modernizing the passenger journey and airport operations across the country.
Culturally, Thailand celebrated its ninth UNESCO World Heritage site, with a monastery added to the prestigious list, boosting tourism prospects. UNESCO officials are also scheduled to visit Chiang Mai to evaluate its Lanna heritage bid, alongside ongoing efforts to secure recognition for Wat Arun. These heritage designations are expected to further elevate Thailand’s appeal as a cultural tourism destination. Explore more tourism insights on Thailand Business News
Sports and Entertainment
Thailand’s sports scene saw notable activity, including Tyson Fury’s unaired fight against Mariusz Wach held in the country ahead of his anticipated bout with Anthony Joshua. In regional competition, Vietnam claimed the Men’s SEA Volleyball Cup title over Thailand, while the Thai football team posted a five-goal victory over Laos. Additionally, Formula 1 continues expanding its presence across Southeast Asia, with Thailand playing a role in this growing motorsport footprint.
Infrastructure and Regional Cooperation
Thailand is advancing several major infrastructure initiatives. The country has paused its ambitious $28 billion Land Bridge project for now, while simultaneously targeting 2030 for the completion of the first phase of a high-speed rail link to China. These projects reflect Thailand’s long-term strategy to enhance regional connectivity and trade logistics.
Social and Humanitarian Concerns
Amid the business and political news, human stories also emerged. A woman was forced to deliver her baby prematurely at 33 weeks while in Thailand due to life-threatening complications, highlighting healthcare challenges faced by travelers. Meanwhile, human rights organizations have called on Thailand not to forcibly return Chinese dissidents, raising concerns about the country’s treatment of political refugees.
Conclusion
Thailand’s news landscape reflects a nation balancing rapid economic modernization, persistent security challenges, and a strong cultural and tourism identity. From diplomatic incidents to AI-driven investment surges, the country continues to navigate complex domestic and international pressures while positioning itself as a regional leader in technology, wellness, and heritage tourism.
Source : Google News – Search
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Global AI Stock Selloff Deepens as Kospi Plunges Over 10%, Chipmakers Tumble Across Asian Markets This Week
A rout in global chipmakers deepened Tuesday, as fears over the durability of the artificial intelligence boom intensified ahead of earnings results from some of Silicon Valley’s biggest companies later this week.
South Korea’s Kospi led declines across Asia, falling more than 10% and prompting a short halt in trading, after investors dumped shares in the country’s two leading memory-chip makers.
Korean Chipmakers Bear the Brunt
Shares in SK Hynix fell 14.7%, while its larger rival, Samsung Electronics, dropped 13.4%. The two companies have tumbled 42% and 34%, respectively, in July alone, marking one of the sharpest monthly declines either stock has experienced in years.
The selloff extended across other major Asian markets as well. In Tokyo, the Nikkei 225 fell 4.4%, with memory-chip maker Kioxia plunging more than 18%, a decline that has cut the company’s share price in half over the course of this month’s selloff. In Europe, ASML, the world’s biggest maker of chip-manufacturing equipment, fell 2.2%.
A Sharp Reversal for Stocks That Powered the Market Higher
The scale of the reversal stands out given how central these same stocks were to global market gains earlier in the year. Chip and memory stocks, which powered global markets higher in the first half of the year as investors bet they would be the biggest beneficiaries of vast AI spending, have borne the brunt of a brutal selloff in recent weeks.
Analysts pointed to mounting anxiety around the financial sustainability of the AI infrastructure buildout as the central driver behind the reversal. Venu Krishna, head of U.S. equities strategy at Barclays, said worries around funding uncertainties, capital expenditure increases and Big Tech free cash flow have taken center stage for investors.
Wall Street Selling Spills Into Asia
Tuesday’s declines in Asia followed another difficult session for chip and memory stocks on Wall Street a day earlier. Monday’s trading saw memory company SanDisk fall 11% and chipmaker Nvidia drop 5%, with futures tracking the Nasdaq 100 pointing to a further 0.8% drop at Tuesday’s open.
Big Tech Earnings Add to the Nerves
The selloff comes as Wall Street enters the heart of second-quarter earnings season, with major technology companies scheduled to report results this week. Tech giants Microsoft, Meta, Apple and Amazon are all set to deliver reports later this week, and investors are parsing early results for signs of whether massive AI-related spending will ultimately prove sustainable.
That nervousness was already on display last week following one major tech company’s results. Alphabet’s share price dropped 7% in a single day last week, following the company’s announcement that Google had burned through cash in the second quarter to fund AI infrastructure spending.
Diverging Views on Whether the Selloff Is Overdone
Not all market strategists agree on how to interpret the current wave of selling. Marija Veitmane, head of equity research at State Street, said the market is worried about extra borrowing, extra capital expenditure and how sustainable current spending levels really are, describing the negative momentum as building into a “spiral.” Despite that caution, Veitmane also struck a more optimistic note about underlying demand, telling reporters that reading through the results reported so far, demand still appears fantastically strong, and that for her, the current pullback represents a buy-the-dip opportunity.
Other investors were more skeptical about the sustainability of current spending trends. Albert Saporta, group chief executive of asset manager GAM, attributed the moves to a realization that the current AI capital expenditure frenzy will end up in a bust, much like previous spending cycles across other industries. Saporta added that rising prices for credit default swaps tied to companies including Oracle, SpaceX, Alphabet, Amazon, Meta, Broadcom and Nvidia pointed toward a broader investor reckoning over the AI spending plans of major U.S. technology firms.
Chinese Competition Adds to the Anxiety
Beyond concerns about spending sustainability, growing evidence of Chinese progress in AI development has added another layer of unease for investors. Jim Reid, an analyst at Deutsche Bank, said renewed worries over AI investment spending and competition from cheaper Chinese companies triggered another selloff in global semiconductor stocks Tuesday morning.
That anxiety was fueled in part by a notable development from a Chinese AI startup last week. Chinese AI startup Moonshot last week released a large language model which appeared to have capabilities approaching those of frontier U.S. labs such as Anthropic, a development that rattled investors betting that Silicon Valley’s biggest companies would need to maintain vast spending levels to stay ahead of emerging competition.
CXMT’s Blockbuster Debut Cools Off
The Chinese chip sector’s own volatility was also on display Tuesday, following a dramatic stock market debut a day earlier. In China, shares in memory-chip maker CXMT fell more than 4% on Tuesday, a day after it raised $8.5 billion in a blockbuster listing in Shanghai. Its shares had risen 466% on Monday.
A Steep Fall From SK Hynix’s Recent Peak
The scale of SK Hynix’s decline becomes even more apparent when measured against its recent highs. The Seoul-listed shares of SK Hynix have plunged nearly 50% since hitting a record high of around 3 million won, or roughly $2,000, in June, after the stock had tripled in value earlier this year before peaking.
Traders Describe an Unusually Violent Selloff
Market participants in Tokyo described the speed of the recent decline as unlike anything they had recently witnessed, attributing part of the move to rising interest rates unwinding momentum and retail-driven positions. One senior equities trader said they could not remember seeing anything this bad or violent in recent memory.
The scale of the Kospi’s pullback over the past month has been substantial. The Kospi’s decline on Tuesday means the index has fallen about 25% over the past month and is down a third from its June peak, though it remains 46% higher for the year to date.
Oversupply Fears Compound the Selloff
Beyond near-term valuation concerns, some investors are also growing wary of longer-term oversupply risk as chipmakers continue announcing aggressive expansion plans. SK Hynix and Samsung plan to build two new chip plants apiece in South Korea as part of a combined 800 trillion won, or roughly $548 billion, investment aimed at doubling their production capacity for DRAM chips over the next five years. U.S. rival Micron Technology has raised its own planned domestic investment to $250 billion through the end of 2035.
A Fed Decision Looms
Adding to the uncertainty, investors are also bracing for a Federal Reserve interest rate decision on Wednesday, a potential additional trigger for volatility. Traders remain divided on whether the central bank will hold rates steady or move to raise the benchmark interest rate at this week’s meeting.
With major technology earnings due throughout the week and the Federal Reserve’s rate decision looming Wednesday, investors are likely to remain on edge as they weigh strong underlying AI demand against mounting concerns about spending sustainability, competitive pressure from China, and the risk of a broader capital expenditure overshoot across the chip and memory sector.
Business
Coca-Cola (KO) Q2 2026 earnings
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 20, 2026.
Brendan McDermid | Reuters
Coca-Cola on Tuesday reported quarterly earnings and revenue that topped Wall Street’s estimates, fueled by higher demand for its drinks.
The company also hiked its full-year forecast. Coke is now projecting comparable earnings per share growth of 9% to 10%, up from its prior forecast of 8% to 9%. It also expects organic revenue to increase about 5%, on the high end of its earlier range of 4% to 5%.
Shares of Coke rose more than 2% in premarket trading.
Here’s what the company reported compared with what Wall Street analysts surveyed by LSEG were expecting:
- Adjusted earnings per share: 97 cents, vs. expected 93 cents
- Revenue: $13.38 billion, vs. $13.16 billion expected
Coke reported second-quarter net income of $4.43 billion, or $1.03 per share, up from $3.81 billion, or 89 cents per share, a year earlier.
Excluding asset impairments, restructuring costs and other items, the company earned 97 cents per share.
Net sales rose 7% to $13.38 billion.
Business
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Wall Street's AI CapEx Concerns Overlook Demand-Supply Outlook
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Hyperscalers: A ‘Toxic Waste’ Investment
Commodity Trading Adviser (CTA), member of National Futures Association. Professor of Finance, research on Global-macro issues. Editor-in-Chief, Journal of Corporate Accounting and Finance.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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 no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
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