Activist hedge fund Saba Capital Management is preparing to swoop down on three Blue Owl Capital private credit funds which recently offloaded some $1.4 billion of loan assets, as fears grow over software valuations and a broader liquidity squeeze in private markets. Private credit manager Blue Owl's share price has fallen sharply in recent days amid growing concerns over a liquidity crunch in its...
Activist hedge fund Saba Capital Management is preparing to swoop down on three Blue Owl Capital private credit funds which recently offloaded some $1.4 billion of loan assets, as fears grow over software valuations and a broader liquidity squeeze in private markets. Private credit manager Blue Owl's share price has fallen sharply in recent days amid growing concerns over a liquidity crunch in its debt vehicles. The firm has overhauled the liquidity terms in one of its funds, Blue Owl Capital Corporation II, restricting investors' ability to withdraw their money. Now, Boaz Weinstein's Saba Capital, along with Cox Capital Partners, has launched a tender offer to buy stakes in the funds at a 20-35% discount to the reported net asset value (NAV). Saba and Cox said in an announcement Friday that they had notified Blue Owl of their intent to commence a tender offer to buy a portion of Blue Owl Capital Corporation II fund — also known as OBDC II — shares in cash. They also plan to launch similar tender offers for two other Blue Owl funds — the publicly-traded Blue Owl Capital Corporation (OBDC) and the tech-focused Blue Owl Technology Income Corp (OTIC). OWL 5D mountain Blue Owl Capital. OBDC II, a business development company aimed at U.S. retail investors, recently offloaded $600 million in loans, amounting to some 34% of its $1.7 billion portfolio. Meanwhile, OBDC and OTIC funds each sold $400 million in loan assets, representing 2% and 6% of their respective portfolios. Saba and Cox said the tender offers would "provide a liquidity solution to retail investors in the wake of a significant industry-wide increase in BDC redemption requests, multiple quarters of net outflows and a rise in redemption gate provisions." 'Ebbs and flows' Blue Owl said last week it is ending regular quarterly liquidity payments to OBDC II's investors, switching instead to periodic payouts funded by asset sales, earnings, repayments and other deals. The move, which more tightly restricts inves...
The February jobs report, and not the Supreme Court ruling overturning a large part of President Donald Trump’s tariffs on imported goods, will be key to whether the Federal Reserve needs to cut interest rates in March, Federal Reserve Governor Christopher Waller said on Monday.
The February jobs report, and not the Supreme Court ruling overturning a large part of President Donald Trump’s tariffs on imported goods, will be key to whether the Federal Reserve needs to cut interest rates in March, Federal Reserve Governor Christopher Waller said on Monday.
peterschreiber.media/iStock via Getty Images Strategy ( MSTR ) acquired 592 bitcoins for $39.8M in the week of February 17 to February 22. The average purchase price comes to $67,286. BTC-USD was down 2.1% to $66,239.1 before the U.S. market open on Monday. Comparatively, the purchases had totaled $168.4M in the prior week . MSTR shares were trading 2.5% lower at $127.7 pre-market. Strategy held 7...
peterschreiber.media/iStock via Getty Images Strategy ( MSTR ) acquired 592 bitcoins for $39.8M in the week of February 17 to February 22. The average purchase price comes to $67,286. BTC-USD was down 2.1% to $66,239.1 before the U.S. market open on Monday. Comparatively, the purchases had totaled $168.4M in the prior week . MSTR shares were trading 2.5% lower at $127.7 pre-market. Strategy held 717,722 BTC as of February 22 for an aggregate purchase price of $54.6B and an average purchase price of $76,020. Last week's bitcoin acquisitions were made using proceeds from the sale of shares under the Tysons Corner-based bitcoin treasury company's at-the-market offering program. MSTR sold 297,940 class A shares for net proceeds of about $39.7M. More on Strategy Strategy: Don't Buy The Perilous Dip, Still Grossly Overvalued Strategy Inc. (MSTR): The 717,000 Bitcoin Treasury Story In 2026 | 2-Minute Analysis Strategy: Bitcoin Risk By Another Name Strategy acquires bitcoins worth $168.4M during February 9-February 16
Service Properties Trust ( SVC ) wholly owned subsidiaries have priced $745M in principal amount of net lease mortgage notes. This transaction is expected to close on March 6, 2026, subject to the satisfaction of customary closing conditions. The notes will be issued in three classes to institutional buyers in the following principal amounts: Class A: $220M of 5.157% of AAA rated notes Class B: $3...
Service Properties Trust ( SVC ) wholly owned subsidiaries have priced $745M in principal amount of net lease mortgage notes. This transaction is expected to close on March 6, 2026, subject to the satisfaction of customary closing conditions. The notes will be issued in three classes to institutional buyers in the following principal amounts: Class A: $220M of 5.157% of AAA rated notes Class B: $375M of 5.795% of AA rated notes Class M: $150M of 7.549% of BBB rated notes The weighted average coupon of the three classes is 5.96%. The Class A and Class B notes will require small monthly principal payments — equal to 0.50% and 0.25% annually of the outstanding balance, respectively — while the Class M notes will require interest payments only. The notes are expected to mature in March 2031, and SVC can repay them at face value starting in March 2029. To back the financing, SVC is placing 158 retail net lease properties into its existing master trust. These properties generate $84M of annual minimum rents, with an appraised value of approximately $1.1B. They include 34 travel centers leased to TravelCenters of America. After fees and discounts, SVC expects to receive about $730M, which will be used to pay down debt and for general corporate purposes. “We are pleased to announce our second securitization of net lease assets. This financing provides meaningful annual cash interest savings of approximately $14 million, or $.08 per share, and underscores SVC’s continued access to efficient sources of capital and proactive approach to balance sheet management," CFO Brian Donley said. The REIT also announced the early redemption, in full, of its outstanding 8.375% Senior Guaranteed Unsecured Notes due June 2029 at a price equal to the principal amount of $700M, plus accrued and unpaid interest thereon, to, but not including, the redemption date of March 7, 2026, and the applicable premium. SVC currently expects to fund this redemption with the proceeds from the net lease mort...
Worries about financing for the artificial intelligence data center investment boom sent shares of lender Blue Owl Capital and borrower CoreWeave reeling on Friday—and the losses look set to carry over to Monday. Business Insider reported Friday that Blue Owl had failed to find outside lenders to take up $4 billion it is investing with a data center developer for a Pennsylvania site. The expectati...
Worries about financing for the artificial intelligence data center investment boom sent shares of lender Blue Owl Capital and borrower CoreWeave reeling on Friday—and the losses look set to carry over to Monday. Business Insider reported Friday that Blue Owl had failed to find outside lenders to take up $4 billion it is investing with a data center developer for a Pennsylvania site. The expectation is that CoreWeave would be the tenant.
Moussa81/iStock via Getty Images B2Gold ( BTG ) said Monday that Clive Johnson will retire from his role as President, CEO and director at the company's annual general meeting in June, to be succeeded by current Senior VP and CFO Mike Cinnamond , who will also replace Johnson on the board. Johnson has served as a founding director and president of the company since 2006 and became CEO in 2007; pre...
Moussa81/iStock via Getty Images B2Gold ( BTG ) said Monday that Clive Johnson will retire from his role as President, CEO and director at the company's annual general meeting in June, to be succeeded by current Senior VP and CFO Mike Cinnamond , who will also replace Johnson on the board. Johnson has served as a founding director and president of the company since 2006 and became CEO in 2007; previously, he was involved with Bema Gold since 1977 and was appointed President and CEO in 1988. Cinnamond has served as Senior VP and CFO since 2014, after spending time as an audit partner at Price Waterhouse Coopers, where he was B.C. Resources Leader for mining, forestry, energy and utilities. Also, B2Gold ( BTG ) said Kelvin Dushnisky will transition from his role as Chair to Executive Chair effective immediately, and Greg Barnes will become Lead Independent Director; c urrent VP of Investor Relations Michael McDonald will succeed Cinnamond as CFO effective June 4. More on B2Gold B2Gold Q4 2025 Earnings Call Transcript B2Gold: Deeply Undervalued Ahead Of A Big Earnings Report B2Gold: Goose Mine Ramp-Up Triggers Massive Free Cash Flow Inflection
In this article CAP-FR CSA-FF Follow your favorite stocks CREATE FREE ACCOUNT OpenAI CEO Sam Altman addresses the gathering at the AI Impact Summit, in New Delhi, India, February 19, 2026. Bhawika Chhabra | Reuters OpenAI on Monday announced it is entering into multi-year partnerships with four consulting firms that will help the company deploy its enterprise platform called Frontier . The artific...
In this article CAP-FR CSA-FF Follow your favorite stocks CREATE FREE ACCOUNT OpenAI CEO Sam Altman addresses the gathering at the AI Impact Summit, in New Delhi, India, February 19, 2026. Bhawika Chhabra | Reuters OpenAI on Monday announced it is entering into multi-year partnerships with four consulting firms that will help the company deploy its enterprise platform called Frontier . The artificial intelligence startup said it has formed "Frontier Alliances" with Accenture , Boston Consulting Group, Capgemini and McKinsey & Company, according to a release. The company declined to share the financial details of the partnerships. Lan Guan, the chief AI and data officer at Accenture, said OpenAI's Frontier Alliances serve as an example of how product companies, consulting companies and strategy companies should come together to accelerate AI deployment. "This is the inflection moment," Guan said in an interview. "It's our time to help enterprise clients to actually realize the value of AI." OpenAI is racing against rivals like Google and Anthropic to win users and marketshare, and the company has made an aggressive push to court enterprise customers in recent months. OpenAI CFO Sarah Friar told CNBC in January that enterprises account for roughly 40% of OpenAI's business, though she expects that figure to reach closer to 50% by the end of the year. Frontier, which OpenAI unveiled earlier this month, acts as an intelligence layer that stitches together disparate systems and data within an organization. It aims to make it easier for companies to manage, deploy and build AI agents, which are tools that can independently complete tasks on behalf of a user. Read more CNBC tech news Tesla loses bid to toss $243 million verdict in fatal Autopilot crash suit Meta and Apple face serious questions about child safety and privacy From 'vanlords' to safe parking sites: How RVs became Silicon Valley's housing safety net Who's laughing now? China's humanoid robots go from viral stu...
In this article TSAT-CA Follow your favorite stocks CREATE FREE ACCOUNT Aalyria CTO and founder Brian Barritt Courtesy Aalyria In 2022, Google spun out a project focused on high-speed communications networks into a startup called Aalyria. Less than four years later, Aalyria is being valued by investors at $1.3 billion in a new funding round, reflecting soaring demand for reliable, speedy telecommu...
In this article TSAT-CA Follow your favorite stocks CREATE FREE ACCOUNT Aalyria CTO and founder Brian Barritt Courtesy Aalyria In 2022, Google spun out a project focused on high-speed communications networks into a startup called Aalyria. Less than four years later, Aalyria is being valued by investors at $1.3 billion in a new funding round, reflecting soaring demand for reliable, speedy telecommunications. Aalyria's software helps networks deliver better service across land, at sea and in space. Its $100 million in fresh funding lands as the U.S. government bolsters its spending on defense technology and national security satellites, and as the Trump administration seeks to outpace China. SpaceX's Starlink has been snapping up government contracts, and gaining popularity with consumers, especially in areas that aren't well served by traditional high-speed internet. Rivals like Eutelsat, Amazon and others are investing heavily in their own services. Google is retaining a stake in Aalyria. Battery Ventures led the new funding round, joined by firms including J2 Ventures and DYNE. Michael Brown, a general partner at Battery, said SpaceX's success in commercializing lower earth orbit satellites with Starlink has "stoked competitive fears of satellite vendors." In the early days of Russia's war on Ukraine, after SpaceX turned off Starlink over Crimea , the U.S. and European countries sought greater diversity among service providers. "They love Starlink but want alternatives, too," Brown said. "This is where Aalyria comes into play. When you have a diversity of satellite platforms, including in lower and mid-earth orbit, the ability to route traffic between them has been nearly impossible. But they provide a seamless networking layer." Aalyria has already locked in contracts or research funding from partners, including Telesat , the U.S. Air Force, NASA, the Defense Department's Defense Innovation Unit, the European Space Agency and other government offices. watch now VI...
watch now VIDEO 1:07 01:07 Pres. Trump renews campaign against Harvard, says White House wants $1 billion from school Squawk Box With the Trump administration reigniting its battle with Harvard University , future applicants may be wondering where they stand. In the latest blow, the government sued Harvard on Feb. 13 for withholding race-related admissions data in the wake of the Supreme Court 's ...
watch now VIDEO 1:07 01:07 Pres. Trump renews campaign against Harvard, says White House wants $1 billion from school Squawk Box With the Trump administration reigniting its battle with Harvard University , future applicants may be wondering where they stand. In the latest blow, the government sued Harvard on Feb. 13 for withholding race-related admissions data in the wake of the Supreme Court 's 2023 ruling that the Ivy League's affirmative action admission policies were unconstitutional. "Harvard has failed to disclose the data we need to ensure that its admissions are free of discrimination — we will continue fighting to put merit over DEI across America," Attorney General Pamela Bondi said in a statement announcing the lawsuit. Read more CNBC personal finance coverage What the Trump administration's Harvard lawsuit could mean for future applicants Homebuyers are paying more for credit checks. Here's why Trump accounts have 'more unanswered questions than answered,' expert says Treasury: Trump accounts sign up about 3 million kids in early push Average IRS tax refund is up 14.2%, according to early filing data Student loan delinquency rate jumps to nearly 25% in Trump's second term: analysis What Supreme Court ruling against Trump tariffs means for your money Personal loans surge: It's 'the middle-class refinancing option,' expert says Trump: tax refunds are 'substantially greater than ever before.' What to expect Trump officials warn hundreds of colleges with low student loan repayment rates As AI puts the squeeze on entry-level jobs, teens remain optimistic: report Trump administration finds more borrowers eligible for student loan forgiveness More used cars are for sale, but ones under $20,000 are 'harder to find': Expert How to claim Trump's 'no tax on overtime' deduction this season Parents with student debt face deadline to secure affordable repayment, forgiveness Secure 2.0 let employers pair emergency savings and 401(k)s, but few have done so Home sellers...
PM Images/DigitalVision via Getty Images This was a better week for the markets as the S&P 500 increased by 0.97%, while the Nasdaq climbed 1.51%. The market looked favorably upon the recent economic data that was released, as PCE rose 0.4% while Q4 GDP increased 1.4% in Q4. The market seemed to have liked the rise in consumer spending, considering it was partly offset by the government shutdown. ...
PM Images/DigitalVision via Getty Images This was a better week for the markets as the S&P 500 increased by 0.97%, while the Nasdaq climbed 1.51%. The market looked favorably upon the recent economic data that was released, as PCE rose 0.4% while Q4 GDP increased 1.4% in Q4. The market seemed to have liked the rise in consumer spending, considering it was partly offset by the government shutdown. SaaS is still declining, and the hyperscalers are seeing compressed valuations as the flight to safety trade continues. This week is going to be very important as we have earnings coming out from NVIDIA Corporation ( NVDA ), Salesforce ( CRM ), and Snowflake ( SNOW ). I believe we need to see a combination of NVDA validating the CapEx spend from the hyperscalers and CRM to provide strong guidance to signal that the selloff in SaaS is overdone. This is a big week for the market, and a lot is riding on how the market interprets several earnings reports. I have been building an indirect position towards NVDA through several ETFs and CEFs, as I believe the A.I. revolution is just getting started. I am excited for how this week will unfold, as I believe it will be another positive week for the Dividend Harvesting Portfolio. After allocating $26,000 to the Dividend Harvesting Portfolio, the account balance finished week 260 at $36,274.02. The account's profitability increased (0.72%) to $10,274.02, which is a return on invested capital of 39.52%. This week, I started a new position in the Calamos Strategic Total Return Fund ( CSQ ). The Dividend Harvesting Portfolio generated $45.75 of dividend income in week 260. The combination of reinvesting the generated dividend income and making these investments increased the forward projected annualized dividend income by $10.72 (0.38%) to $2,803.74. The Dividend Harvesting Portfolio has generated $6,003.49 of income since its inception, which is 23.09% of the total capital I have allocated toward the Dividend Harvesting Portfolio. We’re ...
Prostock-Studio/iStock via Getty Images In my last article, "Novo Nordisk: Will Wegovy And Pipeline Spark Rally?" , I mostly discussed Novo Nordisk's ( NONOF ) ( NVO ) Q3 results and the efficacy of 20 mg amycretin and UBT251. I also talked about the reasons why, in my opinion, soft demand for its 'long-acting insulin' portfolio is no longer putting pressure on its EBIT. But what exciting things h...
Prostock-Studio/iStock via Getty Images In my last article, "Novo Nordisk: Will Wegovy And Pipeline Spark Rally?" , I mostly discussed Novo Nordisk's ( NONOF ) ( NVO ) Q3 results and the efficacy of 20 mg amycretin and UBT251. I also talked about the reasons why, in my opinion, soft demand for its 'long-acting insulin' portfolio is no longer putting pressure on its EBIT. But what exciting things have happened in the last 2 months? And why am I still covering Novo Nordisk with a 'Buy' rating when sales of Ozempic [semaglutide] fell 6% year-over-year to DKK 31.8 billion ? Source: Graph was made by Author based on the financial reports of Novo Nordisk I'll start with the Q4 numbers Novo Nordisk released on February 3 . Its revenue rose 4.9% year-over-year to $12.53 billion , beating Wall Street analysts' expectations by about $358 million. Meanwhile, its non-GAAP EPS rose 9.1%, to 96 cents, just 3 cents above the consensus estimate. Source: Table was made by Author But these are just dry numbers. And on February 6th , something I've been waiting for happened. The FDA announced its plans to restrict the unapproved versions of GLP-1, semaglutide, or Eli Lilly's ( LLY ) tirzepatide, sold by Hims & Hers Health ( HIMS ), among others. On the same day, general counsel Mike Stuart said that HHS referred cases to the Department of Justice for potential violations of federal law by Hims & Hers. In my opinion, it is a clear victory for Novo Nordisk and Eli Lilly. But this is just one of the reasons why I believe that NVO is only temporarily trading at deeply distressed levels. Wall Street underestimates Wegovy's potential Although Ozempic's sales exceed those of the higher-dose formulation of semaglutide , Wegovy, it is becoming the key medication in Novo Nordisk's GLP-1 franchise. In Q4, Wegovy's sales rose by 10.1% year-on-year and by 7.4% quarter-on-quarter to DKK 21.86 billion. It also beat my 'base case' scenario by DKK 125 million. In my view, this is due to NVO switching ...
Wall Street can be very unforgiving. Unfortunately, a stock doesn't remember prices it once traded at -- and prices can keep rising or falling. Investors have seen this firsthand with Tilray Brands (NASDAQ: TLRY) , a once-promising cannabis stock . Its shares have declined 16% over the past year. Even worse, the stock is down by 74% over the past three years and 97% over the past five years. Why h...
Wall Street can be very unforgiving. Unfortunately, a stock doesn't remember prices it once traded at -- and prices can keep rising or falling. Investors have seen this firsthand with Tilray Brands (NASDAQ: TLRY) , a once-promising cannabis stock . Its shares have declined 16% over the past year. Even worse, the stock is down by 74% over the past three years and 97% over the past five years. Why has Tilray stock struggled, and is it time that investors dump their shares? Here is what you need to know. Continue reading
Weakened food security could tip into unrest after a cyber-attack, extreme weather or conflict, analysis finds One shock could spark social unrest and even food riots in the UK, according to dozens of the country’s top food experts, because chronic issues have left the food system a “tinderbox”. The group first identified a series of issues that are making access to food vulnerable in the UK, incl...
Weakened food security could tip into unrest after a cyber-attack, extreme weather or conflict, analysis finds One shock could spark social unrest and even food riots in the UK, according to dozens of the country’s top food experts, because chronic issues have left the food system a “tinderbox”. The group first identified a series of issues that are making access to food vulnerable in the UK, including the climate crisis, low incomes, poor farming policy and fragile just-in-time supply chains. These have left the UK dangerously exposed, the researchers said. Continue reading...
humonia/iStock via Getty Images Freshpet ( FRPT ) shares are under modest selling pressure into Monday’s open as a less than expected increase in Q4 sales coupled with FY26 sales guidance overshadowed solid quarterly results. "Fiscal year 2025 taught us some very important lessons and challenged the resilience of our business and our organization. In the end, our team demonstrated tremendous agili...
humonia/iStock via Getty Images Freshpet ( FRPT ) shares are under modest selling pressure into Monday’s open as a less than expected increase in Q4 sales coupled with FY26 sales guidance overshadowed solid quarterly results. "Fiscal year 2025 taught us some very important lessons and challenged the resilience of our business and our organization. In the end, our team demonstrated tremendous agility—delivering growth well in excess of the dog food category, surpassing $1 billion in net sales for the first time, expanding margins, and achieving positive free cash flow," said Billy Cyr, Freshpet’s CEO. Led by volume gains of 9.7%, total sales were up 8.6% to $285.2M, though missed expectations by less than a million dollars. The increase in net sales, lower SG&A costs, and higher gross profit resulted in net income of $33.8M, nearly double from a year ago, translating into an unadjusted profit of $0.64 per share, up 78% from a year earlier and $0.25 better than expected. Adjusted EBITDA improved 73% to $66.7M. Additionally, adjusted gross profit as a percentage of net sales increased by 30 basis points to 48.4%. For FY26. Freshpet ( FRPT ) expects net sales to increase by 7% to 10%, representing a range of $1.179B to $1.21B with a midpoint of $1.19B that is below $1.21B estimates. Adjusted EBITDA is seen within a range of $205M to $215M, translating into 7% growth at the midpoint from FY25. More on Freshpet Freshpet Looks Better Now Than It Ever Has Before (Upgrade) Freshpet, Inc. (FRPT) Presents at Morgan Stanley Global Consumer & Retail Conference 2025 Transcript Freshpet Is Still Too Expensive With Slowing Growth Freshpet GAAP EPS of $0.64 beats by $0.25, revenue of $285.2M misses by $0.52M Freshpet Q4 2025 Earnings Preview
BING-JHEN HONG Nvidia ( NVDA ) was in focus on Monday as GF Securities believes the company's upcoming quarterly results and GTC event are likely to be “catalysts” for the stock. “NVDA share price has underperformed [the] SOX since Nov-2025,” analyst Jeff Pu wrote in a note to clients. “Nevertheless, we stay long on the stock, driven by strong near-term quarters, intact Rubin/VR200 progress and im...
BING-JHEN HONG Nvidia ( NVDA ) was in focus on Monday as GF Securities believes the company's upcoming quarterly results and GTC event are likely to be “catalysts” for the stock. “NVDA share price has underperformed [the] SOX since Nov-2025,” analyst Jeff Pu wrote in a note to clients. “Nevertheless, we stay long on the stock, driven by strong near-term quarters, intact Rubin/VR200 progress and improving financial outlook for non-tier-1 CSPs such as OpenAI. Additionally, we expect NVDA to launch [an] LPU (language processing unit) in the coming GTC event to strengthen its product portfolio in inferencing and also CPO for scale-out switches and scale-up (50/50 chance).” Pu reiterated his Buy rating on Nvidia and upped his price target to $295. Delving deeper, Pu said he expects Nvidia to have a “moderate” beat-and-raise quarter, as he expects sales of $67.4B, compared to guidance of $65B and analyst estimates of $66.2B. Looking to the next quarter, he expects sales to rise to $78B, compared to estimates of $75.6B. “We expect a continued strong demand for Blackwell, resilient H200 and a small volume of Rubin,” Pu added. “We expect NVIDIA to hold Apr-Q [gross margin] of mid-70s, backed by the pass-through of higher memory cost.” Additionally, Pu said he expects GTC to be notable and is anticipating the release of a language processing unit, along with the reiteration of Rubin. Other expected announcements include co-packaged optic scale-out and scale-ups, Pu explained. More on Nvidia Nvidia's Stock May Fall Sharply After Earnings Nvidia Will Likely Beat, But The Market May Not Like It Nvidia: Why The Stock Is Still A Buy Here Nvidia re-enters PC market with AI-powered laptop chips Burry sparks AI spending debate, defends record as critics question timing
BING-JHEN HONG Nvidia ( NVDA ) was in focus on Monday as GF Securities believes the company's upcoming quarterly results and GTC event are likely to be “catalysts” for the stock. “NVDA share price has underperformed [the] SOX since Nov-2025,” analyst Jeff Pu wrote in a note to clients. “Nevertheless, we stay long on the stock, driven by strong near-term quarters, intact Rubin/VR200 progress and im...
BING-JHEN HONG Nvidia ( NVDA ) was in focus on Monday as GF Securities believes the company's upcoming quarterly results and GTC event are likely to be “catalysts” for the stock. “NVDA share price has underperformed [the] SOX since Nov-2025,” analyst Jeff Pu wrote in a note to clients. “Nevertheless, we stay long on the stock, driven by strong near-term quarters, intact Rubin/VR200 progress and improving financial outlook for non-tier-1 CSPs such as OpenAI. Additionally, we expect NVDA to launch [an] LPU (language processing unit) in the coming GTC event to strengthen its product portfolio in inferencing and also CPO for scale-out switches and scale-up (50/50 chance).” Pu reiterated his Buy rating on Nvidia and upped his price target to $295. Delving deeper, Pu said he expects Nvidia to have a “moderate” beat-and-raise quarter, as he expects sales of $67.4B, compared to guidance of $65B and analyst estimates of $66.2B. Looking to the next quarter, he expects sales to rise to $78B, compared to estimates of $75.6B. “We expect a continued strong demand for Blackwell, resilient H200 and a small volume of Rubin,” Pu added. “We expect NVIDIA to hold Apr-Q [gross margin] of mid-70s, backed by the pass-through of higher memory cost.” Additionally, Pu said he expects GTC to be notable and is anticipating the release of a language processing unit, along with the reiteration of Rubin. Other expected announcements include co-packaged optic scale-out and scale-ups, Pu explained. More on Nvidia Nvidia's Stock May Fall Sharply After Earnings Nvidia Will Likely Beat, But The Market May Not Like It Nvidia: Why The Stock Is Still A Buy Here Nvidia re-enters PC market with AI-powered laptop chips Burry sparks AI spending debate, defends record as critics question timing
CHAR Technologies ( YES:CA ) on Monday said it plans to complete a non-brokered private placement of up to 8.51M units at C$0.235 each to raise gross proceeds of about C$2.0M. Each unit will consist of one common share and one-half of a warrant, with each whole warrant exercisable to acquire one share at C$0.35 for 24 months following the closing of the offering. BMI Group’s 50%-owned BMI Industri...
CHAR Technologies ( YES:CA ) on Monday said it plans to complete a non-brokered private placement of up to 8.51M units at C$0.235 each to raise gross proceeds of about C$2.0M. Each unit will consist of one common share and one-half of a warrant, with each whole warrant exercisable to acquire one share at C$0.35 for 24 months following the closing of the offering. BMI Group’s 50%-owned BMI Industrial will subscribe for 4.26M units, or 50% of the offering, and, together with its existing 10M shares held through Bioveld Canada, is expected to own more than 10% of the company after closing, becoming a new insider under TSX rules. The company plans to use proceeds from the offering for working capital, advancing project development across the company’s pipeline, and supporting strategic initiatives. The offering is expected to close on or about Feb. 27, 2026. Shares -10.00%. More on CHAR Technologies Ltd. Seeking Alpha’s Quant Rating on CHAR Technologies Ltd. Historical earnings data for CHAR Technologies Ltd. Financial information for CHAR Technologies Ltd.