格隆汇2月27日｜周四（2月26日）纽约尾盘，现货黄金涨0.41%，报5186.18美元/盎司，北京时间23:28曾跳水至5130.91美元刷新日低，随后迅速反弹。COMEX黄金期货跌0.45%，报5202.80美元/盎司，全天处于下跌状态，23:27曾跌至5144.80美元。 现货白银跌0.88%，报88.4490美元/盎司。COMEX白银期货跌2.74%，报89.120美元/盎司。COMEX铜期货跌0.28%，报6.0280美元/磅，23:28跳水至5.9640美元。现货铂金跌0.22%，现货钯金跌0.63%。 在美股时段交易的费城金银指数收涨2.71%，报462.76点，创收盘历史新高，微幅低开之后，从23:28持续走高。在全球市场全天交易的纽约证交所ARCA金矿开采商指数涨1.79%，报3244.63点，也创收盘历史新高。

Biodesix (BDSX) delivered earnings and revenue surprises of +53.33% and +14.11%, respectively, for the quarter ended December 2025. Do the numbers hold clues to what lies ahead for the stock?

With the fourth-quarter results released, Walmart (NASDAQ: WMT) has dropped behind Amazon to become the second-largest company in the U.S. by sales. But it would be a mistake to think Walmart has lost its top-stock status. It has many excellent features, and there's one surprising growth catalyst today that makes the stock looked primed for higher gains. Image source: Walmart. Continue reading

Documents in the Epstein files reveal how Maxwell nurtured the connection between the two men after Clinton left the White House.

Concentra Group Holdings Parent press release ( CON ): Q4 Non-GAAP EPS of $0.28 in-line. Revenue of $539.1M (+15.9% Y/Y) in-line. More on Concentra Group Holdings Parent Concentra: Executing The Roll-Up Strategy To Perfection Concentra Group Holdings Parent, Inc. (CON) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript Concentra releases preliminary 2025 results, provides 2026 guidance Seeking Alpha’s Quant Rating on Concentra Group Holdings Parent Historical earnings data for Concentra Group Holdings Parent

Kevork Djansezian/Getty Images News Electronic Arts ( EA ) has failed to gain enough support from its bondholders to move forward with a plan to repurchase its bonds at a steep discount and revise certain lending terms following the expiration of a key deadline, according to Bloomberg. Last year, Electronic Arts ( EA ) agreed to a sale to private equity investors valuing the company at ~$55B. As part of the deal, the buyers proposed a transaction to buy back $1.5B in bonds for less than their full value and to amend parts of EA’s loan agreements, including provisions related to defaults. Bondholders, however, pushed back, arguing that they are entitled to the full value of the bonds—100 cents on the dollar—if the company is acquired in a leveraged buyout and its credit rating subsequently lowered to junk status. The deadline to sell the bonds and amend lending terms was on Wednesday. More on Electronic Arts Electronic Arts: 5% Upside From Merger Arbitrage Electronic Arts misses top- and bottom-line but sees double-digit booking growth on Battlefield 6 Electronic Arts Q3 2026 Earnings Preview Seeking Alpha’s Quant Rating on Electronic Arts Historical earnings data for Electronic Arts

Investors worry about Big Tech valuations being inflated relative to what they’re actually worth, says strategist

Micron Technology (NasdaqGS:MU) plans to invest up to US$200b through 2030 to expand U.S. memory chip capacity focused on AI infrastructure. The company has started shipping its next generation HBM4 products ahead of schedule. Micron reports that all of its planned HBM output for 2026 is already allocated to customers. Micron is a major producer of DRAM, NAND and high bandwidth memory used in data centers and AI workloads, so this US$200b capacity buildout directly targets one of the most...

Micron’s US$200b AI Memory Bet Puts Growth And Cycles In Focus Yahoo Finance

DoubleVerify press release ( DV ): Q4 Non-GAAP EPS of $0.31 misses by $0.02 . Revenue of $205.6M (+7.9% Y/Y) misses by $3.17M . Activation revenue of $116.5 million, an increase of 6%. Measurement revenue of $69.6 million, an increase of 8%. Social measurement revenue increased by 11%. International measurement revenue increased by 5%. Media Transactions Measured (“MTM”) for CTV increased by 22%. Supply-side revenue of $19.5 million, an increase of 17%. First Quarter 2026: Revenue in the range of $177 and $183 million, representing a year-over-year increase of approximately 9% at the midpoint. Adjusted EBITDA in the range of $48 and $52 million, representing a margin of approximately 28% at the midpoint. Full Year 2026: Revenue in the range of $810 million and $826 million, representing a year-over-year increase of 8% to 10%. Adjusted EBITDA margin of approximately 34%. 2026 equity grant value projected to decrease by over 40% as compared to 2025, resulting in a projected year-over-year reduction in stock-based compensation. More on DoubleVerify DoubleVerify: Consolidated Growth Needs To Accelerate For Valuation To Go Up DoubleVerify Holdings, Inc. (DV) Presents at Raymond James TMT & Consumer Conference Transcript Descartes gets an upgrade, while Snowflake, DoubleVerify and GitLab cut at Barclays Seeking Alpha’s Quant Rating on DoubleVerify Historical earnings data for DoubleVerify

We take stock of what the president promised, what actually happened and what the future looks like now that the Supreme Court has brought its gavel down.

Oracle (NYSE:ORCL) Trading 1.6% Higher on Analyst Upgrade MarketBeat

Palantir Technologies (NASDAQ:PLTR) Trading 1.3% Higher Following Analyst Upgrade MarketBeat

AVGO Stock Threatens to Fall Under $300 as Nvidia’s Inference Expansion Weighs FXLeaders

Key PointsKanen Wealth Management reduced its holding in The Real Real by 2,338,820 shares during the fourth quarter.

市场研究机构IDC发布最新预测，受史无前例的内存芯片短缺影响，2026年全球智能手机出货量将降至约11亿部，较上一年度的12.6亿部下滑12.9%。IDC还预计，成本结构承压之下，入门级机型的生存空间正在急剧收窄，"廉价智能手机的时代已经结束"。

Source: Bloomberg, 0:00

Palantir upgraded by UBS after recent sell-off MSN

格隆汇2月27日｜周四（2月26日）纽约尾盘，美国10年期国债收益率跌3.82个基点，报4.0136%，北京时间22:00-23:19加速下跌、刷新日低至4.0117%。两年期美债收益率跌2.86个基点，报2.4423%；30年期美债收益率跌3.29个基点，刷新日低至4.6643%。2/10年期美债收益率利差跌0.960个基点，报+56.923个基点。10年期通胀保值国债（TIPS）收益率跌3.78个基点，刷新日低至1.7230%；两年期TIPS收益率跌5.41个基点，刷新日低至0.6494%；30年期TIPS收益率跌3.06个基点，至刷新日低至2.4381%。

Extendicare press release ( EXETF ): Q4 FFO of $0.33. Revenue of $462M beats by $80.3M . More on Extendicare Inc. Seeking Alpha’s Quant Rating on Extendicare Inc. Historical earnings data for Extendicare Inc. Dividend scorecard for Extendicare Inc. Financial information for Extendicare Inc.

Jack Dorsey's Block, the financial tech company that runs Square and the Cash app, is cutting its workforce by "nearly half" and axing more than 4,000 jobs. The company will shrink from more than 10,000 people to less than 6,000, Dorsey says in a post on X . And the reason why? AI. "We're not making this decision because we're in trouble," Dorsey says. "Our business is strong. Gross profit continues to grow, we continue to serve more and more customers, and profitability is improving. But something has changed. We're already seeing that the intelligence tools we're creating and using, paired with smaller and flatter teams, are enabling a new … Read the full story at The Verge.

Oracle and Oracle Red Bull Racing agreed a major multi year extension and expansion of their title partnership around Oracle Cloud Infrastructure and AI. The renewed deal focuses on race strategy tools, next generation hybrid power unit development, and operational improvements ahead of Formula 1 regulation changes in 2026. Oracle technology will be embedded more deeply across Red Bull Racing activities, putting the Oracle brand and cloud stack in front of a global motorsport audience. For...

WBD board says $31-per-share offer constitutes ‘company superior proposal’, triggering Netflix’s window to respond Sign up for the Breaking News US email to get newsletter alerts in your inbox Netflix has been given four days to beat a sweetened offer by Paramount Skydance for the assets of Warner Bros Discovery in the latest twist in the battle for control of the media giant. In an announcement on Thursday afternoon, WBD said that its board had determined Paramount’s revised offer to be a “company superior proposal” compared with Netflix’s $82.7bn deal – triggering Netflix’s window to respond. Continue reading...

周四（2月26日）纽约尾盘，现货黄金涨0.41%，报5186.18美元/盎司，北京时间23：28曾跳水至5130.91美元刷新日低，随后迅速反弹。 COMEX黄金期货跌0.45%，报5202.80美元/盎司，全天处于下跌状态，23：27曾跌至5144.80美元。 责任编辑：李桐

格隆汇2月27日｜WTI 4月原油期货收跌0.21美元，跌幅0.32%，报65.21美元/桶。布伦特4月原油期货收报70.75美元/桶。NYMEX 3月天然气期货收报2.8270美元/百万英热单位。NYMEX 3月汽油期货收报2.0323美元/加仑，NYMEX 3月取暖油期货收报2.6125美元/加仑。

We Are/DigitalVision via Getty Images In the summer I feared that a near-term top might have been set in the case of SPX Technologies ( SPXC ). This follows a hugely successful M&A and strategic repositioning roadmap in recent years. This strong operating and organic performance is to be applauded, yet the signaling of the business to issue equity to finance more deals, as well as demanding valuations, made me a bit cautious. However, as this too is somewhat of a derivative of the AI boom, shares have kept rallying later in 2025 and heading into 2026, backed up by continued strong achievements and continued operating momentum. While I continue to offer my praise to management, I fail to have the conviction to chase the shares here. About the Transformation Having completed over a dozen M&A deals over the past decade since its divestment from SPX Corp., SPX has turned itself into a focused and technology-enabled, but moreover, more profitable business after shedding a lumpy and low-margin power business. All this is based on a valuation creation framework, which is based on a strong foundation, itself based on engineered niches, leading positions, moats, and sustainable operations. This is complemented by operational excellence and a solid capital allocation track record. Following this transition, the business reports its more than $2.2 billion revenue base across two major segments. The largest of these is a $1.5 billion HVAC business, one posting operating margins near a quarter of sales. This is complemented by a three-quarters of a billion detection and measurement segment, one posting fairly similar margins. Massive Achievements The company has come a long way thanks to the aforementioned strategy, with revenues up some 50% over the past decade. The bigger achievement is that flattish operating profits a decade ago have risen to the mid-teens, even depressed by amortization charges, as otherwise margins come in closer to 20%. All this has been achieved amidst v...

Earnings Call Insights: Thryv Holdings, Inc. (THRY) Q4 2025 Management View Joe Walsh, Chairman & CEO, highlighted that "2025 was a solid year, and our team accomplished a lot. SaaS revenues grew 34% year-over-year, and SaaS adjusted EBITDA margin was strong at 16.8%. We are accelerating on the AI front. It is advancing our product road map, and we are well-positioned as a leading SaaS platform for small businesses." He announced a strategic shift: "Going forward, our entire strategy centers on one powerful offering, the Thryv platform, powered by AI, we'll be launching later in 2026." Walsh addressed the transition from legacy print and marketing services to SaaS, emphasizing growth in high-value customers and integration of Keap’s platform and engineering talent. He stated, "Growth in quality customers spending $400 a month or more is 18-plus percent in the fourth quarter of last year. We’ve had steady growth in that segment. Quality customers now account for 69% of our revenue in Q4 compared to 60% in the prior year." Sean Wechter, Chief Technology Officer, explained, "The first 2 levers I pulled when I arrived was to amp up our AI efforts and our data assets, get them cleaned up…our strategy is to adopt the latest and greatest AI tools and partners…we want to bring AI down market to small businesses in an ambient way, meaning ideally, AI does the intended task for you, hopefully, proactively." Paul Rouse, CFO, stated, "SaaS revenue increased 14.1% to $119 million in the fourth quarter and was within guidance. Keap contributed $16.2 million in the fourth quarter…SaaS ARPU reached $373, representing a 15% increase year-over-year. Seasoned NRR stayed flat at 94% for the quarter. Growth in quality customers spending $400 a month or more grew by 3,000 or 18% year-over-year and now represents more than 20% of our client base." Outlook Paul Rouse provided guidance for 2026: "For the first quarter, we expect SaaS revenue in the range of $114 million to $115 million. For...

Earnings Call Insights: Phathom Pharmaceuticals (PHAT) Q4 2025 Management View CEO Steven Basta highlighted that "we had a successful Q4. We delivered on expectations for both revenue and cash operating expense levels, coming in at the better end of our guided ranges." Basta explained that key steps were taken to enhance the capital structure, including reducing interest expense and modifying outstanding term loan obligations. The company believes that "our cash on hand, along with anticipated future cash generated from operations will be sufficient to satisfy all obligations under both our term debt and our revenue interest financing agreements." Basta indicated confidence in reaching operating profitability beginning in Q3 2026 and for the full year, with $320 million to $345 million revenue guidance for 2026. He added, "Our sales organization is positioned to deliver, and we're seeing clear signs that our GI strategy is working." The CEO reported that over 1.1 million VOQUEZNA total prescriptions have been filled to more than 230,000 patients, and 273,000 prescriptions were filled in Q4 alone. Covered prescriptions grew 21% quarter-over-quarter to 174,000 in Q4. Basta emphasized recent capital structure improvements, including a successful equity offering in January and renegotiation of debt terms that extended the term loan maturity to February 2029 and reduced interest rates. CFO Sanjeev Narula stated, "Our revenues for Q4 of $57.6 million were consistent with pre-release and demonstrated 16% sequential quarterly growth." Narula described the gross to net for Q4 as at the high end of the 55% to 60% range, with gross margin at approximately 87%. He added, "After accounting for quarterly cash expenses, we reported a loss from operations, excluding stock-based compensation of approximately $320,000, a 95% improvement compared to Q3." Narula noted the completion of an oversubscribed equity offering in January, raising $130 million, and a term facility modification ...

Earnings Call Insights: Teleflex Incorporated (TFX) Q4 2025 Management View Stuart Randle, CEO, Interim President & Director, highlighted the ongoing transformation following the announced sale of the Acute Care, Interventional Urology, and OEM businesses, stating, "The Board is actively conducting a CEO search with the support of Spencer Stuart... At the same time, it is critical that we maintain momentum across our strategic priorities during this transition period." Randle emphasized the intent to use net proceeds of approximately $1.8 billion to fund a $1 billion share repurchase authorization and reduce debt. Randle detailed the refocus of Teleflex around Vascular (now including emergency medicine), Interventional, and Surgical businesses, noting, "We are positioning Teleflex as a medical technologies leader with increased flexibility to invest in innovation and compete in these priority markets." He stated, "For 2026, our adjusted EPS guidance is in the range of $6.25 to $6.55," flagging that this range includes a $90 million negative impact from stranded costs related to divestitures and does not yet incorporate the benefits from transition service and manufacturing service agreements, the share repurchase, or debt repayment. John Deren, Executive VP & CFO, added, "For 2025, our adjusted tax rate was 12.6% compared to 13.4% in the prior year. The year-over-year decrease is primarily due to the beneficial tax provisions included in the recently passed One, Big, Beautiful Bill Act." Outlook Management expects 2026 adjusted EPS in the range of $6.25 to $6.55, with pro forma adjusted constant currency revenue growth guidance for 2026 in the range of 4.5% to 5.5%. Randle explained, "These planned actions signal our commitment to disciplined capital allocation and shareholder returns." Deren clarified, "2026 results include a number of transient factors related to our strategic divestitures... we anticipate 2027 will be more reflective of the underlying business go...

Earnings Call Insights: Burford Capital Limited (BUR) Q4 2025 Management View CEO Christopher Bogart highlighted a “standout year” for new business, stating, “we saw very significant numbers, taking us well on our way to meeting our longer-term goals of doubling the base portfolio by 2030.” Bogart emphasized a 39% increase in new definitive commitments and noted, “we added a net of $700 million of additional modeled realizations to the overall portfolio, taking that number to north of $5 billion now.” Bogart acknowledged that “our realization activity, while still robust, was not as strong as it was last year…that, of course, was a disappointment to us.” He explained this was due to a lack of large case wins, not portfolio quality, and observed that “our loss rates are stable. Our returns are stable.” On market expansion, Bogart noted “continuing market expansion, including our launches in Madrid and in Seoul, South Korea.” The CEO addressed the YPF litigation, stressing the company is “awaiting a decision from the Second Circuit Court of Appeals on what we call the main appeal…that appeal was argued on the 29th of October, and we’re waiting for a decision.” CFO Jordan Licht reported, “the portfolio is now $3.9 billion. YPF represents slightly below $1.7 billion. And then we've got deployed cost of slightly over $1.7 billion, and then unrealized fair value above that of around just under $500 million.” Licht added, “deployments as we invest in the portfolio…were healthy this year at $457 million.” Licht noted, “39% growth of our definitive commitments…most of the growth came then obviously from other areas in the portfolio, the lower risk kind of middle tier and lower tier buckets.” Outlook Management reaffirmed the goal of doubling the base portfolio by 2030, stating that the current growth trajectory “would significantly exceed that goal.” On the timing for realizations, Bogart stated, “we don’t guide that way, just because we simply feel like we’re unable to do s...