We've reported for weeks that the trading activity among corporate insiders in general, but on the tech-heavy Nasdaq in particular, was clearly suggesting that stocks likely had come too far, too fast. Further, insider-sentiment data from Vickers Stock Research left the clear impression that stocks were priced for perfection and vulnerable to events like inflation disappointment, geopolitical turmoil, or less-than-expected corporate earnings. Now, a mix of all those things seem to be in play and stocks are indeed experiencing rough sledding for the first time since about October. Reflecting the forecasting from Vickers, as of this writing the Nasdaq Composite and Nasdaq 100 have slid about 7% from the March 22 highs while the S&P 500 is off about 5%.

Verizon is a leader in the U.S. telecommunications industry. The company was created in July 2000 when Bell Atlantic and GTE merged.

Wireless services account for about 70% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 93 million postpaid and 21 million prepaid phone customers (following the acquisition of Tracfone) via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 29 million homes and businesses and serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers' networks.

In this edition, Fair Isaac's upside fair; Initiating Coverage of GE Vernova; and US cable valuations have tumbled perhaps more than deserved; and Marvell Technology, Tilray Brands, and Yum China.