Washington: President Donald Trump has joked that the US Navy will take on Cuba on the way home from Iran.

“Cuba’s got problems,” Trump said in one of several digressions in his Friday evening speech before the non-profit Forum Club of the Palm Beaches.

“On the way back from Iran, we’ll have one of our big, maybe the USS Abraham Lincoln aircraft carrier – the biggest in the world – we’ll have that come in, stop about 100 yards offshore, and they’ll say, ‘Thank you very much. We give up’,” he said.
The Trump administration is in the midst of a monthslong campaign to press the Cuban government to make dramatic reforms.

All the while, Trump has repeatedly threatened that the US could take military action against the island to get what he wants.

TUCSON, Ariz. — Three months after 84-year-old Nancy Guthrie vanished from her Catalina Foothills home in what authorities describe as an abduction, the investigation remains active with the FBI analyzing DNA evidence recovered from the scene, offering faint hope amid a case that has captivated the nation due to her connection to “Today” show co-anchor Savannah Guthrie.

Nancy Guthrie was last seen on the evening of Jan. 31, 2026. Family members reported her missing the next day after she failed to appear for planned activities. Blood spatter on the front porch, disabled security systems and doorbell camera footage of a masked individual approaching the residence quickly shifted the case from a missing person inquiry to a suspected kidnapping.

Pima County Sheriff’s Department officials, working alongside the FBI, have confirmed the investigation continues with ongoing analysis of leads and tips. “The investigation into the disappearance of Nancy Guthrie remains active and ongoing,” a department spokesperson told reporters recently. No arrests have been made, and her whereabouts or condition remain unknown.

Key Developments in the Ongoing Probe

FBI laboratories are examining DNA samples, including hairs collected from Guthrie’s home shortly after her disappearance. Sources indicate advanced testing aims to identify potential suspects, though officials caution this evidence dates to February and does not represent a recent breakthrough. Former FBI profilers have speculated on possible motives, ranging from financial gain to personal retribution, but authorities have released limited details to protect the integrity of the case.

Chilling ransom-style communications sent to media outlets, including demands involving Bitcoin, have complicated the narrative. Some letters claimed knowledge of the perpetrators and even alleged sightings of Guthrie in Sonora, Mexico, though investigators have not verified their credibility. A $1 million family reward announced by Savannah Guthrie in late February has generated thousands of tips but no confirmed resolution.

The remote nature of the upscale Tucson-area home, combined with the victim’s age and health considerations — including a pacemaker that disconnected around the time of the incident — has fueled public fascination and theories. Blood evidence suggests a possible struggle, with experts noting it could indicate injury during the abduction.

Family’s Heartbreaking Ordeal

Savannah Guthrie has made emotional appeals for information while returning to her television duties. The family has expressed gratitude for public support while pleading for privacy amid the unimaginable pain. Nancy, a mother of three including Savannah, was described as vibrant and active despite her age. Her disappearance has left a void felt deeply by relatives and friends.

Annie Guthrie, Nancy’s older daughter, discovered the troubling scene at the home. The family cleared members as suspects early on, focusing efforts on external leads. Public vigils, searches involving volunteers and drone operations have covered surrounding desert terrain, though harsh conditions have limited success.

Law Enforcement Challenges and Strategies

Pima County Sheriff Chris Nanos has emphasized the case’s priority, with federal resources bolstering local efforts. Challenges include the volume of tips, some of which have proven false or exploitative, and the passage of time diminishing evidence quality. Profilers suggest the abduction may have been targeted given the execution, though no clear motive has emerged publicly.

The FBI’s involvement signals the suspected interstate or international elements, with checks along the U.S.-Mexico border. Digital forensics on communications and surveillance remain critical. Authorities urge anyone with information to contact tips lines, stressing even small details could prove vital.

Public Interest and Media Scrutiny

The case’s visibility, amplified by Savannah Guthrie’s prominence, has drawn intense coverage. True crime enthusiasts and amateur sleuths have speculated widely online, sometimes generating leads but also misinformation. Experts warn against unverified theories that could hinder the official probe.

Comparisons to other high-profile disappearances highlight the case’s peculiarities: an elderly victim from a secure area with signs of force but limited immediate witnesses. The pacemaker data provided a narrow window for the incident, around 2:30 a.m. on Feb. 1.

Expert Theories on Possible Motives

Criminal profilers have offered varied insights. Some point to financial motivations given ransom-like notes, while others suggest personal grudges possibly linked to the family’s public profile. The possibility of a staged element or inside knowledge has surfaced in discussions, though officials have not confirmed such angles. Retribution theories cite the high reward and media attention as complicating factors for perpetrators.

Forensic blood spatter analysis indicates potential facial or hand injuries, suggesting resistance. The masked figure on camera footage provides a partial description, but clear identification remains elusive. Vehicle sightings or border crossings are under review.

Community and Volunteer Efforts

Local residents and national volunteer groups, including search and rescue teams, have assisted in grid searches. The rugged Arizona terrain poses difficulties, with extreme temperatures affecting evidence preservation. Calls continue for expanded efforts as the case approaches 100 days.

Neighbors describe Nancy as kind and community-oriented, heightening the emotional impact. Fundraisers and awareness campaigns aim to keep momentum alive, with the family balancing hope and realism about outcomes after such an extended period.

Broader Implications for Missing Persons Cases

Nancy Guthrie’s disappearance underscores challenges in elderly abduction investigations, where mobility issues and health factors accelerate urgency. The case has spotlighted resource needs for rural and suburban investigations involving vulnerable adults. Advocacy groups push for enhanced tracking technologies and rapid response protocols.

As weeks turn to months, the emotional toll on the Guthrie family and community deepens. Savannah’s public strength has inspired many, while private grief remains profound. Investigators maintain optimism that fresh tips or forensic matches could break the case open.

The active status reassures those following developments that efforts persist despite limited public updates. Authorities continue sifting leads, analyzing data and coordinating across agencies. For Nancy’s loved ones, every day without answers brings renewed determination.

The nation watches, hoping for resolution in a mystery that began with an ordinary evening at home and escalated into a complex federal inquiry. As spring advances in the desert, the search for truth in Nancy Guthrie’s abduction endures.

NEW YORK — As Tesla Inc. navigates a pivotal year in 2026, investors face a sharp divide over whether to buy or sell shares of the electric vehicle pioneer, with Wall Street analysts issuing a consensus “Hold” rating amid softening deliveries, intensifying competition and sky-high valuations tied to ambitious artificial intelligence and robotics bets.

Tesla shares have traded in a volatile range this year, recently hovering near $390 after earlier swings that saw the stock test levels above $400 before pulling back. The mixed performance reflects broader market caution toward high-growth tech names, even as the company reports modest revenue gains and pushes boundaries in autonomous driving and humanoid robots.

Q1 2026 earnings provided a snapshot of the challenges and opportunities. Tesla reported revenue of $22.39 billion, slightly ahead of expectations, with non-GAAP earnings per share at $0.41 beating forecasts. Automotive margins improved, and energy storage deployments hit records. Yet vehicle deliveries of 358,000 units fell short of some projections, underscoring softness in core EV demand.

Analyst Divide Widens on Valuation and Growth Prospects

Wall Street’s view on Tesla remains fractured. Among 41 analysts tracked by major services, the average 12-month price target sits around $398 to $404, implying limited upside from current levels. Bullish voices like Wedbush’s Dan Ives highlight a $600 target, citing robotaxi potential and Full Self-Driving advancements. Bears, including GLJ Research’s Gordon Johnson, warn of downside to $25, pointing to eroding market share and execution risks.

The consensus “Hold” rating — with roughly equal buy, hold and sell leans — underscores uncertainty. Optimists bet on Tesla’s evolution beyond autos into an AI and robotics powerhouse. Elon Musk’s Optimus humanoid project and energy business growth fuel long-term enthusiasm, with some forecasts envisioning explosive revenue if autonomy scales.

Skeptics counter that traditional auto margins face pressure from Chinese competitors and legacy automakers ramping up EVs. Full-year 2026 delivery projections under 1.5 million vehicles by some analysts fall below earlier hype, raising concerns about growth deceleration. High valuation multiples leave little room for error if robotaxi timelines slip.

Key Factors Influencing 2026 Outlook

Several catalysts and headwinds will shape Tesla’s trajectory. On the positive side, energy storage continues strong momentum, with Q1 deployments underscoring a diversifying revenue stream less exposed to auto cycles. Regulatory credits provide steady profits, while software updates and over-the-air capabilities enhance vehicle value.

Autonomous driving remains the biggest wildcard. Progress on Full Self-Driving software and regulatory approvals could unlock massive value, but delays and safety scrutiny pose risks. Musk has signaled optimism for significant advancements, yet timelines have shifted repeatedly in the past.

Competition intensifies globally. Rivals in China and traditional players investing heavily in EVs challenge Tesla’s once-dominant position. Pricing pressures and incentive changes further complicate the picture. Macro factors, including interest rates and consumer sentiment toward big-ticket purchases, add layers of uncertainty.

Balance sheet strength offers a buffer. Tesla maintains solid cash reserves and free cash flow, enabling continued heavy investment in AI infrastructure and manufacturing. Capital expenditures remain elevated as the company builds for future growth.

Investor Considerations for Buy or Sell Decisions

For long-term believers in Musk’s vision, current levels may represent an entry point into transformative technologies. ARK Invest’s earlier ambitious models, though dated, illustrate the upside potential if Optimus and robotaxis succeed. Patient investors focused on 2030 horizons might view volatility as buying opportunities.

Shorter-term traders or value seekers might exercise caution. Elevated multiples compared to traditional automakers reflect a premium for unproven segments. Near-term delivery misses or margin compression could pressure shares further. Diversification and position sizing become critical.

Risk management remains paramount. Tesla stock’s history of sharp swings demands discipline. External events — from trade policies to Musk’s other ventures — can trigger rapid moves. Fundamental analysis should weigh alongside technical indicators and sentiment gauges.

Broader Market Context for Tesla

Tesla’s performance influences broader EV and tech sectors. As a bellwether, its results affect supplier chains and investor appetite for clean energy plays. Institutional ownership stays high despite volatility, signaling confidence in the story even amid debates.

Quarterly updates and product reveals, including potential new models or Cybertruck ramp-up, will provide fresh data points. Earnings calls often move markets more than numbers alone, given Musk’s forward-looking commentary.

Strategic Advice Amid Uncertainty

Financial advisors generally recommend aligning Tesla exposure with overall portfolio risk tolerance and time horizon. Dollar-cost averaging can mitigate volatility for believers. Those concerned about near-term downside might await clearer catalysts or lower entry points.

No single recommendation fits all. Tesla embodies high-reward innovation potential alongside substantial execution risks. Thorough due diligence, including review of latest filings and independent research, proves essential before any buy or sell decision.

As 2026 unfolds, Tesla’s ability to deliver on AI promises while stabilizing its auto business will determine whether bulls or bears prevail. Investors must weigh visionary growth narratives against current operational realities in one of the market’s most watched stocks.

The coming quarters promise continued drama as Tesla balances legacy strengths with future ambitions. For now, the buy-or-sell question elicits no easy consensus, reflecting the company’s polarizing yet undeniably influential position in global markets.

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Q1: 2026-04-28 Earnings Summary

EPS of $1.58 beats by $0.28

 | Revenue of $342.11M (105.48% Y/Y) beats by $42.53M

Silicon Motion Technology Corporation (SIMO) Q1 2026 Earnings Call April 29, 2026 8:00 AM EDT

Company Participants

Thomas Andrew Sepenzis – Senior Director of Investor Relations and Strategy
Chia-Chang Kou – Founder, President, CEO, MD & Director
Jason Tsai – Chief Financial Officer

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Conference Call Participants

Neil Young – Needham & Company, LLC, Research Division
Amy Yang
Sujeeva De Silva – ROTH Capital Partners, LLC, Research Division
Gokul Hariharan – JPMorgan Chase & Co, Research Division
Sebastien Cyrus Naji – William Blair & Company L.L.C., Research Division
Hsin Yeh – Morgan Stanley, Research Division
Craig Ellis – B. Riley Securities, Inc., Research Division

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Presentation

Operator

Good day, and thank you for standing by. Welcome to the Silicon Motion Technology Corporation’s First Quarter 2026 Earnings Conference Call.

[Operator Instructions] Please be advised that today’s conference is being recorded. This conference call contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 as amended. Such forward-looking statements include, without limitation, statements regarding trends in the semiconductor industry and our future results of operations, financial condition and business prospects. Although such statements are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on them.

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These statements involve risks and uncertainties, and actual market trends and our results may differ materially from those expressed or implied in these forward-looking statements for a variety of reasons. Potential risks and uncertainties include, but are not limited to, continued competitive pressure in the semiconductor industry and the effect of such pressure on prices, unpredictable changes in technology and consumer demand for multimedia consumer electronics, the state of and any change in our relationship with our major customers and changes in political, economic, legal and social conditions in Taiwan.

Indian equities witnessed a broad-based sell-off on Thursday amid a spike in volatility. Banks, auto and consumer stocks turned out to be major drags. While the 50-stock Nifty declined 180.10 points or 0.74% to finish at 23,997.55, the Sensex plunged 582.86 points or 0.75% to settle at 76,913.50.

Meanwhile, the volatility gauge India VIX ended at 18.46, up 5.86% from the last close.

Analyst Sudeep Shah, Vice President and Head of Technical & Derivatives Research at SBI Securities, interacted with ETMarkets regarding the outlook for the Nifty and Bank Nifty, as well as an index strategy for the upcoming week. The following are the edited excerpts from his chat:

Q: Nifty ended with weekly declines of 0.7% as rupee weakness and crude oil prices around $115 a barrel have once again brought back concerns of inflation. What pattern do you see on charts and what levels will hold key this week?

The benchmark index Nifty closed April on a strong note, gaining over 7% and snapping its four-month losing streak. After marking a low of 22,182 on April 2, the index staged a sharp rebound of more than 2,400 points within just 11 trading sessions. This rally was primarily driven by improved global risk sentiment following the US-Iran ceasefire, which eased geopolitical concerns and triggered broad-based short covering. But the real question is: has this rally built a strong base, or is it just a sharp bounce waiting to fade?

The index touched a high of 24,601 on April 21, after which profit booking set in. Over the last six trading sessions, Nifty has been consolidating within a narrow range of 24,335 to 23,798, reflecting market indecisiveness. This hesitation is largely due to multiple factors, including rising Brent crude prices, uncertainty around the sustainability of the US-Iran ceasefire, upcoming state election outcomes, and the USD/INR hitting a fresh record low. With so many moving pieces, is the market quietly preparing for a decisive breakout or breakdown?
Going ahead, we expect heightened volatility in the near term. On the upside, the 24,300 to 24,350 zone will act as a key resistance. A sustained move above 24,350 could trigger a sharp rally towards 24,500, followed by 24,700. On the downside, the 23,800 to 23,750 zone remains crucial support. A breakdown below 23,750 may lead to further correction towards 23,600 and then 23,400. The next move from these levels could define the trend for the coming weeks.

Q: Do you expect the April momentum to continue given May is historically a seasonally positive month for the bulls?

After delivering nearly 7% returns in April, the Nifty followed its historical seasonality well. However, May has typically been more mixed and relatively weaker compared to April. Over the past 20 years, the index has closed negative nine times, with an average decline of 4.3%, while it ended positive 11 times, posting an average gain of 5.89%. Since 2020, the trend has remained inconsistent, with even years tending to be negative and odd years positive. Currently, Nifty is consolidating within a 538-point range between 24,350 and 23,750. A decisive breakout on either side is likely to determine the next directional move.

Q: What is the derivatives data suggesting about Nifty and Bank Nifty?

The derivatives data for both Nifty and Bank Nifty indicate a phase of consolidation with a cautious undertone. Over the last six sessions, Nifty futures have seen a build-up in open interest alongside sideways price action, indicating a mix of long and short positions rather than a clear directional trend. The options data highlights strong resistance around 24,300 to 24,500 and support near 23,750, suggesting a well-defined trading range. The PCR for the current expiry is at 0.87, reflecting a mild bearish bias, but not strong conviction.

In contrast, Bank Nifty appears relatively weaker. Its futures positioning remains choppy, while the options chain shows slightly heavier call writing and a comparatively lower PCR, indicating a cautious to slightly bearish stance. Overall, the setup suggests a range-bound market, with a decisive breakout likely to dictate the next directional move.

Q: Banking & financials have been top underperformers this week and more so the public sector banks. What is your view on it and are there any recommendations?

The banking and financial services space has been underperforming over the last couple of trading sessions. Considering the current chart structure, we believe they are likely to continue their underperformance in the short term. The momentum indicators and oscillators are also portraying a similar picture.

Q: Smallcap stocks have continued to show their dominance over large and midcaps so far in 2026. Do you expect higher traction in this segment going ahead and where can one look for opportunities?

The smallcap segment has continued to outperform the broader market during the recent pullback rally, showcasing strong relative strength. Notably, the Nifty Smallcap 100 index surged by 18.44% in April, significantly outperforming both large and mid-cap indices. In addition, the ratio chart of the Smallcap index versus the Nifty is exhibiting a clear pattern of higher highs and higher lows, indicating sustained relative outperformance.

From a technical perspective, the overall structure remains robust. The index is trading above key moving averages, while momentum indicators continue to signal strong bullish traction. This alignment of trend and momentum suggests that the smallcap segment is likely to maintain its leadership in the near term.

Given this backdrop, investors can continue to focus on fundamentally strong stocks within sectors that are already showing relative strength, as these are likely to offer better risk-reward opportunities during the ongoing uptrend.

Q: Cohance, Sapphire Foods and HFCL were among top gainers this week, while HEG, MRPL and Zensar have been big losers. What should investors do with them?

Cohance: The stock has witnessed a strong pullback of nearly 59% from its April 6 low of 293. A rising ADX highlights strengthening trend momentum, while an upward-sloping MACD reinforces the bullish bias. However, it remains a low-volume counter. Immediate support is placed at 430 to 425, and the uptrend is likely to continue as long as the stock holds above this zone.

Sapphire Foods: After consolidating in the 184 to 160 range since April 9, the stock has broken out, backed by a sharp surge in volumes. While it is still early to confirm a full-fledged reversal, sustaining above 185 to 183 could open the door for further upside.

HFCL: The stock has been on a stellar run, rallying 76% from its March 23 low of 66. However, with RSI at 84 and ADX near 65, it is in a highly overbought zone. This raises the likelihood of near-term profit booking. Key support is seen in the 100 to 95 zone.

HEG: The stock has broken down from its consolidation range of 619 to 690 and slipped below its 20-day EMA. RSI has dipped below 60, indicating fading bullish momentum, while DI- is on the verge of crossing above DI+, signalling increasing seller dominance. Resistance is placed at 623 to 625, and the outlook remains sideways to bearish till the stock trades below this level.

MRPL: The stock has breached its prior swing low of 168 and is now trading below its 100-day EMA. RSI remains weak below 40, indicating sustained bearish momentum. As long as it stays below 179 to 180, the trend is likely to remain negative.

Zensar Technologies: The stock failed to hold above its 50-day EMA and has declined from its recent high of 611 (April 21). It is now hovering near its previous swing low of 511. RSI below 40 reflects bearish momentum. The trend is likely to stay weak as long as the stock trades below 545 to 550.

(Disclaimer: The recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times.)

Quant Mutual Fund believes that the current period is the opportune moment for a forceful rebalancing of investment portfolios and the fund house continues to be largely deployed , capitalizing on attractive valuations in various pockets of the market.

In its monthly release, the fund house said that looking ahead, this phase could turn out to be one of the best times to invest since the 2020 pandemic. To make the most of it, investors should stay calm when markets are extremely high or low and seriously consider reshuffling their portfolios to take advantage of current opportunities.

Also Read | Planning a 15-year mutual fund investment? Here’s a simple 4-scheme portfolio approach

The portfolio of Quant Mutual Fund currently reflects the opportunistic stance as the fund house continues to be largely deployed, capitalizing on attractive valuations in various pockets of the market and at present the portfolio remains tilted towards large caps.

The fund house further mentioned that overall liquidity is good; select mid and small caps exposure has been increased in most of the equity and hybrid schemes. The fund house is underweight manufacturing companies because of uncertainty related to input costs and supply chains and continues to remain constructive on Energy, large Infrastructure, select NBFCs, Insurance, AMCs, select Private Sector Banks, Hotels, Pharmaceuticals, Telecom and Data-Center themes.

We continue to believe that the coming decade belongs to India, and we will become one of the key hubs and markets for global technology and AI and also the multiple downgrades by global financial houses confirms our message the bottom is in and the capitulation process is complete in Indian equities and in small caps, in particular, the monthly release said.
As India’s nominal GDP expansion outpaces China’s by a factor of two, the nation’s equity markets continue to be viewed as a pre-eminent destination for international capital and the impending acceleration in the corporate earnings cycle, fortified by recent structural overhauls, shall catalyze the subsequent stage of market appreciation, Quant Mutual Fund believes.
While mentioning that the strategic trade alliance between India and the United States is currently being undervalued by global risk capital, the fund house believes that those who recognize its significance will comfortably outperform over a longer time horizon.
In last month’s factsheet, the fund house called out loud and clear that the worst is behind us and we should capitalize on the opportunity, and not to get capitulated at the bottom of the cycle. April did indeed turn out to be a better month for global equities.

Also Read | 25 equity mutual funds deliver over 25% in April; Nippon India Taiwan Equity Fund tops list. Will momentum continue in May?

Sandeep Tandon led Quant Mutual Fund also said that Geopolitics aside, enormous developments in advanced technology continued to astound the world and Anthropic restricted the release of its agentic AI model, Claude Mythos, due to extreme cybersecurity risks involving autonomous exploitation of zero-day vulnerabilities.

This revealed an AI model capable of autonomously discovering and exploiting “Zero-day” vulnerabilities that had remained hidden from human experts for decades, it further said.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@timesinternet.in alongwith your age, risk profile, and Twitter handle