Key Points Sea Cliff Partners Management bought 467,100 shares of Life Time Group Holdings in the fourth quarter. The quarter-end position value increased by $12.42 million as a result. This marks a significant allocation for a new position, but it is not among the fund’s five largest holdings. 10 stocks we like better than Life Time Group › On February 17, 2026, Sea Cliff Partners Management disc...
Key Points Sea Cliff Partners Management bought 467,100 shares of Life Time Group Holdings in the fourth quarter. The quarter-end position value increased by $12.42 million as a result. This marks a significant allocation for a new position, but it is not among the fund’s five largest holdings. 10 stocks we like better than Life Time Group › On February 17, 2026, Sea Cliff Partners Management disclosed a new position in Life Time Group Holdings (NYSE:LTH), acquiring 467,100 shares in the fourth quarter. What happened According to an SEC filing dated February 17, 2026, Sea Cliff Partners Management reported a new stake in Life Time Group Holdings with 467,100 shares acquired in the fourth quarter. The quarter-end value of the position reflected a $12.42 million increase. What else to know This was a new position for the fund, accounting for 5.23% of 13F reportable assets under management as of December 31, 2025. Top holdings after the filing: NASDAQ:BTSG: $38.19 million (16.1% of AUM) NYSE:WCC: $23.49 million (9.9% of AUM) NYSE:PLNT: $22.24 million (9.4% of AUM) NYSE:HXL: $21.86 million (9.2% of AUM) NYSE:JHX: $20.72 million (8.7% of AUM) As of Thursday, shares of Life Time Group Holdings were priced at $26.12, down 19% over the past year and well underperforming the S&P 500’s roughly 17% gain in the same period. Company overview Metric Value Market capitalization $6 billion Revenue (TTM) $3.0 billion Net income (TTM) $373.7 million Price (as of Thursday) $26.12 Company snapshot Life Time Group Holdings offers health, fitness, and wellness experiences through resort-style athletic clubs, fitness centers, group classes, personal training, and digital wellness content. The company generates revenue primarily from membership subscriptions, ancillary services such as spa and childcare, and digital fitness offerings. It targets individual members and families in suburban and urban metropolitan areas across the United States and Canada. Life Time Group Holdings, Inc. opera...
A college student's perspective on using AI in class [Maximilian Milovidov is a freshman at Columbia University and a member of TikTok's Youth Council. He used a large language model to edit this essay for length and a human to edit for content. This piece also appeared in the Body Electric newsletter. Sign up here for a biweekly guide to move more and doomscroll less.] Last fall on campus, I atte...
A college student's perspective on using AI in class [Maximilian Milovidov is a freshman at Columbia University and a member of TikTok's Youth Council. He used a large language model to edit this essay for length and a human to edit for content. This piece also appeared in the Body Electric newsletter. Sign up here for a biweekly guide to move more and doomscroll less.] Last fall on campus, I attended a reading of The New Yorker article "What Happens After A.I. Destroys College Writing?" During the audience discussion that followed, I shared something that drew unexpected laughs: A course I was taking, "Writing AI," might be the only one on campus where artificial intelligence was not prohibited but, rather, required. This "AI-first" class was a living thought experiment asking: What if we taught students to use AI critically, rather than insisting they ignore it or assume they're using it to cheat? I don't see our choice as "AI or no AI" any more than past generations could halt the spread of the printing press — that widely decried threat to scholarship. Children born today will never know a world without AI. The majority of U.S. teens already use AI chatbots, and over half turn to them for schoolwork. Students will reach for these tools, whether universities ban them or not. Sponsor Message toggle caption Maximilian Milovidov A prevailing concern is that generative AI encourages people to outsource their thinking to machines, which weakens understanding — known as "cognitive offloading." Through class, I realized this worry holds weight only if AI is treated like an omniscient oracle. When students are encouraged to experiment with and critique large language models (LLMs), AI becomes an on-demand study partner with benefits and drawbacks. At the very least, it's a sounding board; at best, a viable alternative to a teaching assistant or tutor. In class, we brought our own ideas and outlines. We fed drafts into a chatbot while documenting its suggestions and then ...
(RTTNews) - A report released by the Commerce Department on Friday showed a modest decrease by retail sales in the U.S. in the month of January. The Commerce Department said retail sales slipped by 0.2 percent in January after coming in unchanged in December. Economists had expected retail sales to fall by 0.4 percent. The dip by retail sales partly reflected a decrease in sales by motor vehicles ...
(RTTNews) - A report released by the Commerce Department on Friday showed a modest decrease by retail sales in the U.S. in the month of January. The Commerce Department said retail sales slipped by 0.2 percent in January after coming in unchanged in December. Economists had expected retail sales to fall by 0.4 percent. The dip by retail sales partly reflected a decrease in sales by motor vehicles and parts dealers, which slid by 0.9 percent in January after edging down by 0.2 percent in December. Excluding auto sales, retail sales remained flat in January after coming in unchanged in in December. Ex-auto sales were expected to inch up by 0.1 percent. "We do not read too much into the decline in retail sales in January, which was clearly affected by the severe winter weather across much of the country," said Michael Pearce, Chief U.S. Economist at Oxford Economics. He added, "Still, the jump in gasoline prices amid the conflict with Iran is a new headwind on spending, though it comes just as this year's bumper tax refund season is ramping up." The report showed steep declines in sales by department stores, health and personal care stores, gas stations and clothing and accessories stores. Meanwhile, sales by miscellaneous store retailers and non-store retailers saw significant growth during the month. Core retail sales, which exclude automobiles, gasoline, building materials and food services, also rose by 0.3 percent in February after coming in unchanged in January. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - Shares of VEON Ltd. (VEON) are climbing roughly 5 percent during Friday morning trading following its subsidiary, Jazz International Holding Limited, announced an agreement to acquire a controlling stake in TPL Insurance Limited for a purchase price of approximately $14.6 million. The company's shares are currently trading at $56.00 on the Nasdaq, up 5.30 percent. The stock closed trad...
(RTTNews) - Shares of VEON Ltd. (VEON) are climbing roughly 5 percent during Friday morning trading following its subsidiary, Jazz International Holding Limited, announced an agreement to acquire a controlling stake in TPL Insurance Limited for a purchase price of approximately $14.6 million. The company's shares are currently trading at $56.00 on the Nasdaq, up 5.30 percent. The stock closed trading on Thursday at $53.18. It has climbed as high as $62.86 so far in today's session. Over the past year, it has traded in a range of $34.55 to $64.00. The transaction, expected to close in mid-2026, marks a new milestone for VEON's growing digital financial services portfolio in one of its most dynamic growth markets. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
JHVEPhoto/iStock Editorial via Getty Images To Western Digital ( WDC ) stock, I mark a strong buy rating as Western Digital has already left its cyclical hardware origins to be an indispensable structural single-seller within the AI data-retention layer . My rationale behind the rating is that Western Digital is substituting CapEx with thermodynamic (HAMR Physics) geometry (Vertical-Emitting Laser...
JHVEPhoto/iStock Editorial via Getty Images To Western Digital ( WDC ) stock, I mark a strong buy rating as Western Digital has already left its cyclical hardware origins to be an indispensable structural single-seller within the AI data-retention layer . My rationale behind the rating is that Western Digital is substituting CapEx with thermodynamic (HAMR Physics) geometry (Vertical-Emitting Lasers). Western Digital is internalizing Vertical-Emitting HAMR lasers to pack 14 platters into standard architectures. This move decouples Western Digital’s revenue growth from CapEx by driving a 75% incremental margin flow-through that locks its financial motion toward >50% gross margins and >$20 EPS. Moreso, by liquidating its legacy SanDisk stake for $3.17 billion, Western Digital has formed the exact liquidity needed to cash-settle its highly-adverse deep-in-the-money $1.6 billion convertible debt . This neutralizes high dilution impact and backs a $4 billion stock repurchase process that is creating a self-feeding EPS expansion loop. However, my thesis depends mostly on the continued latency tolerance of hyperscale object stores. What I am trying to say is if PCIe/NVMe architectures bypass the SATA network bottleneck, AI inference clusters may rearchitect entirely toward QLC Flash to maximize GPU utilization. This can permanently compress Western Digital’s TAM into cold-storage irrelevance. Apart from that, any systemic failure to maintain >90% manufacturing yields on 10TB HAMR platters may invert the cost-per-terabyte curve that can destroy the 30% FCF margin target, in my opinion. Autocatalytic Singularity, Logic of Orthogonal Upside Convexity Following the February 2025 separation of its SanDisk Flash business, Western Digital has metamorphosed into an apex predator as it now controls the thermodynamic and economic bottleneck of the AI Singularity. The bottleneck is Data Retention and Inference Metadata Storage. I do not agree with the stance that Western Digital stock...
8vFanI/iStock via Getty Images Activist investor Boaz Weinstein's Saba Capital and Cox Capital Partners on Friday announced a tender offer to buy shares of Blue Owl Capital Corporation II for $3.80 per share in cash. The two companies announced the commencement of a tender offer for the shares of Blue Owl Capital Corporation II, a private credit fund operated by Blue Owl Capital ( OWL ). Blue Owl ...
8vFanI/iStock via Getty Images Activist investor Boaz Weinstein's Saba Capital and Cox Capital Partners on Friday announced a tender offer to buy shares of Blue Owl Capital Corporation II for $3.80 per share in cash. The two companies announced the commencement of a tender offer for the shares of Blue Owl Capital Corporation II, a private credit fund operated by Blue Owl Capital ( OWL ). Blue Owl Capital ( OWL ) has been battered in recent months. Worries resurfaced last month when the firm permanently restricted withdrawals from a $1.6B private credit vehicle and sold $1.4B in loans to pension funds and its own insurance company. In February, Saba Capital and Cox Capital Partners had sent a notice to OBDC II announcing their intent to commence a tender offer to buy shares at 20% to 35% below their net asset value. "The purchasers' 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," the companies had then said. The tender offer begins today and is expected to expire at 5:00 PM ET on April 24. Saba and Cox have offered to purchase up to 8M shares of OBDC II (~6.9% of the outstanding shares) at $3.80 per share in cash. Proceeds are expected to be ~$30.4M. The offer price represents a 34.9% discount to the dividend reinvestment plan issuance value per share disclosed by OBDC II on February 26. "Together, Saba and Cox are providing a pathway for OBDC II shareholders to tender their shares through a simple, transparent process that will enable them to receive guaranteed cash liquidity at the offer price for shares accepted for purchase," said the March 6 statement by the two companies. More on Blue Owl Capital, OBDC Blue Owl: Private Credit Concerns Make Me Wary Blue Owl: Buy The Panic A 12%+ Yield Trading For Pennies On The Dollar: Blue Owl Capital Blue Owl Capital stock adds to worries with ~£36M ...
Key Points Bought 1,109,977 shares; estimated trade value $10.91 million (based on average quarterly price) Quarter-end position value up $17.72 million, reflecting both share purchases and price changes Stake change equals 1.94% of 13F AUM Holding now totals 3,585,941 shares, valued at $38.69 million Position represents 6.89% of fund AUM, which makes it the firm's second-largest holding. 10 stock...
Key Points Bought 1,109,977 shares; estimated trade value $10.91 million (based on average quarterly price) Quarter-end position value up $17.72 million, reflecting both share purchases and price changes Stake change equals 1.94% of 13F AUM Holding now totals 3,585,941 shares, valued at $38.69 million Position represents 6.89% of fund AUM, which makes it the firm's second-largest holding. 10 stocks we like better than Brookdale Senior Living › Mason Capital Management disclosed a buy of 1,109,977 shares of Brookdale Senior Living (NYSE:BKD) in its February 17, 2026, SEC filing, with an estimated transaction value of $10.91 million based on quarterly average pricing. What Happened According to a recent SEC filing dated February 17, 2026, Mason Capital Management increased its holding in Brookdale Senior Living by 1,109,977 shares. The estimated transaction value, based on the average closing price during the quarter, was $10.91 million. The fund’s position in Brookdale Senior Living rose in quarter-end value by $17.72 million, a figure that reflects both additional shares bought and underlying price appreciation. What Else to Know Trade direction: buy; post-trade stake is 6.89% of 13F AUM. Top five holdings after the filing: NYSE:ATS: $428.62 million (76.3% of AUM) NYSE:BKD: $38.69 million (6.9% of AUM) NASDAQ:SOLS: $30.79 million (5.5% of AUM) NYSE:CCO: $21.72 million (3.9% of AUM) NYSE:JBS: $18.83 million (3.4% of AUM) As of February 17, 2026, shares were priced at $16.64, up 213.96% over the prior year. Company Overview Metric Value Revenue (TTM) $3.20 billion Net Income (TTM) ($263.00 million) Market Capitalization $3.96 billion Price (as of market close 2/17/26) $16.64 Company Snapshot Brookdale Senior Living Inc. operates senior living communities across the United States, offering independent living, assisted living, memory care, and continuing care retirement communities (CCRCs). The company generates revenue primarily through resident fees for housing, care,...
Sales at U.S. retailers fell in January for the first time in three months as Winter Storm Fern depressed spending at car dealers, gas stations and brick-and-mortar stores.
Sales at U.S. retailers fell in January for the first time in three months as Winter Storm Fern depressed spending at car dealers, gas stations and brick-and-mortar stores.
MoMo Productions December business inventories: +0.1% M/M vs. 0.0% consensus and 0.0% prior (revised from +0.1%), according to data released by the U.S. Census Bureau on Friday. Retail inventories ex-auto: +0.4% M/M vs. +0.2% and +0.2% prior (unrevised). Developing… Check back for updates. More on the US Economy Pain At The Pump, Pain In The Payrolls: -92k February Jobs February Jobs Report: Payro...
MoMo Productions December business inventories: +0.1% M/M vs. 0.0% consensus and 0.0% prior (revised from +0.1%), according to data released by the U.S. Census Bureau on Friday. Retail inventories ex-auto: +0.4% M/M vs. +0.2% and +0.2% prior (unrevised). Developing… Check back for updates. More on the US Economy Pain At The Pump, Pain In The Payrolls: -92k February Jobs February Jobs Report: Payrolls Decline As Strikes Impact Healthcare Sector Nonfarm payrolls contract in February, hit by healthcare strike; unemployment rate ticks up to 4.4% Retail sales decline less than expected in January
Daniel Vorcaro, dono do falido banco Banco Master, será transferido sob forte esquema de segurança para um presídio federal em Brasília. (Source: Bloomberg)
Daniel Vorcaro, dono do falido banco Banco Master, será transferido sob forte esquema de segurança para um presídio federal em Brasília. (Source: Bloomberg)
Arctic-Images/DigitalVision via Getty Images At a Citi conference last week, Baxter International ( BAX ) chief financial officer Joel Grade made an interesting admission. On his company's Q3 conference call in late October, chief executive officer Andrew Hider had said he anticipated that the company would hold an Investor Day this year. Such an event would make sense, given that Hider took over ...
Arctic-Images/DigitalVision via Getty Images At a Citi conference last week, Baxter International ( BAX ) chief financial officer Joel Grade made an interesting admission. On his company's Q3 conference call in late October, chief executive officer Andrew Hider had said he anticipated that the company would hold an Investor Day this year. Such an event would make sense, given that Hider took over only in August and has been tasked with a wide-ranging and potentially complex effort to turn the business around. On the Q4 call, however, Hider said that Baxter had " decided to hold off ." Last week, Grade was asked why. The CFO noted that workload was an issue: the hours spent poring over Baxter's business were hours that would be lost in preparation for an Investor Day. A new, flattened organizational chart is playing a role as well. But the final reason was the most telling : And then third, just being candid, I think getting a few quarters under our belt where we continue to perform with consistency, I think puts us in a better position to have a really credible Investor Day that says, 'hey, here's a look forward' and then with confidence, people can [trust that] -- I think that's just some humility that I think is the reality is where we're at today. In essence, Grade is saying that holding an Investor Day in 2026 is not particularly useful because the market wouldn't believe much of what Baxter executives had to say. In this, he's almost certainly not wrong. Hider's tenure has begun with a pair of disappointing releases, including sharply below-consensus guidance for this year. Management sentiment toward two key risks already has proven to be overly optimistic; any broader positivity at this point probably would be dismissed. It's not hard to see the trading in Baxter stock—which hit a 20-year low late last year and has threatened those levels twice in recent weeks—as proving Grade's point. Investors simply do not trust Baxter right now. Of course, as always in th...