Alina Vytiuk/iStock via Getty Images Background The iShares MSCI UAE ETF ( UAE ), which has been in existence for nearly 12 years, is a passively managed ETF (it tracks the MSCI All UAE Capped Index ) that covers 55 stocks from the federal semi-constitutional monarchy- UAE. We’ve written about UAE thrice over the last 4 years, but it was only in September 2025 that we decided to turn bullish on th...
Alina Vytiuk/iStock via Getty Images Background The iShares MSCI UAE ETF ( UAE ), which has been in existence for nearly 12 years, is a passively managed ETF (it tracks the MSCI All UAE Capped Index ) that covers 55 stocks from the federal semi-constitutional monarchy- UAE. We’ve written about UAE thrice over the last 4 years, but it was only in September 2025 that we decided to turn bullish on this product. Our optimism was centered around the strength of the non-oil segment (which reflects well on UAE’s diversification efforts), the favorable prospects of its two largest holdings- Emaar Properties [EMAAR] and First Abu Dhabi Bank [FAB], which together accounted for over one-fourth of the portfolio, a comforting yield, and cheap valuations. Since the upgrade, UAE has done pretty well to witness an expansion of 17%, which is in line with its emerging market peers, while also managing to outperform global markets by over 2.2x. YCharts So far so good, but do we feel confident enough to maintain our bullish stance? Yes, and here’s why we are not reneging on our optimism. Ongoing Economic Buoyancy, And Healthy Conditions for the Financial Sector The first thing to be said is that if you want to garner exposure to the fastest growing region in the GCC [Gulf Cooperation Council], UAE is the place to be. Real GDP growth for UAE has been the best in this region for 3 years on the trot (last year even Saudi Arabia kept pace), and even in FY26, UAE is expected to lead the rest of the pack with growth of close to 5%, well beyond the regional average of around 3%. S&P Global Investors should also consider that contrary to popular belief, UAE is not solely dependent on oil revenue; in fact the non-oil sector is expected to grow at a faster pace ( 5.5% ) than the overall economy, and will account for 78% of the total economy (last year it already contributed 75% of GDP). This ongoing diversification is very useful as it increasingly insulates UAE from the wild swings of the oil m...
When a company badly misses Wall Street's earnings estimates, its stock usually takes a beating. But that didn't happen with Energy Transfer LP (NYSE: ET) after the midstream energy leader announced its 2025 fourth-quarter results on Tuesday morning. Energy Transfer reported Q4 earnings per share of $0.25, well below the consensus estimate of $0.36 among analysts surveyed by S&P Global (NYSE: SPGI...
When a company badly misses Wall Street's earnings estimates, its stock usually takes a beating. But that didn't happen with Energy Transfer LP (NYSE: ET) after the midstream energy leader announced its 2025 fourth-quarter results on Tuesday morning. Energy Transfer reported Q4 earnings per share of $0.25, well below the consensus estimate of $0.36 among analysts surveyed by S&P Global (NYSE: SPGI) . However, the unit price of the master limited partnership (MLP) stock closed down on Tuesday less than 1%. How did Energy Transfer seemingly defy gravity? The company's overall story was better than its Q4 earnings snapshot indicates. I think this stock's strength underscores something important for income investors: It's time to load up on Energy Transfer. Here are three reasons why. Continue reading
Scott Olson/Getty Images News Introduction Robinhood Markets, Inc. ( HOOD ) has transformed itself from a 2021 meme-stock phenomenon to a mature financial services platform, supported by recurring revenue, growing engagement, and an expanded product suite. This evolution is evident in its fundamentals. Today, Robinhood operates 11 successful business lines with revenues of over 100 million each. I...
Scott Olson/Getty Images News Introduction Robinhood Markets, Inc. ( HOOD ) has transformed itself from a 2021 meme-stock phenomenon to a mature financial services platform, supported by recurring revenue, growing engagement, and an expanded product suite. This evolution is evident in its fundamentals. Today, Robinhood operates 11 successful business lines with revenues of over 100 million each. It trades at $75.65 with a ~$68 billion market cap, but with a high P/E (FWD) multiple of 36.91. My view is that Robinhood is a Hold because the business is fundamentally strong, but the current valuation is not attractive as the company faces crypto headwinds and execution risks in 2026. Company Overview Robinhood allows users to trade stocks, ETFs, cryptocurrencies, and options, as well as participate in prediction markets. Robinhood’s core advantage is its simplicity, one that legacy players are struggling to replicate. In a market crowded with feature-heavy platforms, Robinhood stands out with its mobile-first user experience, differentiating itself by its ease of use and appealing to its younger, tech-savvy users. This simplicity has translated to significant scale, evident in its 2025 results . Today, Robinhood serves 27 million funded accounts (up 7% year-over-year ) and is aggressively expanding internationally. On the monetization front, it has successfully diversified its revenue streams, with its primary revenue sources being net interest income (cash sweep, margin lending, and securities lending), recurring revenue with Robinhood Gold subscriptions, and transaction-based fees (options, equities, crypto, and prediction markets). 2025 Earnings Review: Diversification in action 2025 has proved that Robinhood has crossed over into large-cap scale as a multi-billion-dollar revenue platform rather than just a brokerage. The numbers speak for themselves. The company has delivered phenomenal 2025 results with annual revenue of $4.5 billion (a 52% year-over-year increase)...
3D_generator/iStock via Getty Images Grail ( GRAL ) on Friday announced topline results from the landmark, randomized, controlled NHS-Galleri trial, which evaluated annual multi-cancer screening with the Galleri test in England's National Health Service. The company said that the primary endpoint of statistically significant Stage III-IV reduction was not observed. However, there was a favorable t...
3D_generator/iStock via Getty Images Grail ( GRAL ) on Friday announced topline results from the landmark, randomized, controlled NHS-Galleri trial, which evaluated annual multi-cancer screening with the Galleri test in England's National Health Service. The company said that the primary endpoint of statistically significant Stage III-IV reduction was not observed. However, there was a favorable trend toward fewer Stage III-IV cancers in a pre-specified group of 12 deadly cancers in the intervention arm after the prevalent screening round. Grail ( GRAL ) shares tumbled 47% to $53.33 in premarket trading. Grail ( GRAL ) said adding Galleri to standard of care screening resulted in a substantial and clinically meaningful reduction in Stage IV diagnoses compared with standard of care alone across the pre-specified group of 12 deadly cancers. Stage IV diagnoses in these cancers decreased with each year of sequential screening, with a greater than 20% reduction in the second and third rounds. Similar reductions were observed across all cancers, GRAIL ( GRAL ) added. "Screening with the Galleri test resulted in a substantial reduction in the number of cancers detected clinically through emergency presentation, which are associated with significantly higher mortality and healthcare costs." "The NHS-Galleri trial provides the strongest evidence to date that multi-cancer early detection can shift the stage at which cancers are detected at a population level," said Bob Ragusa , Chief Executive Officer at GRAIL. "Based on these promising data, as well as the exciting PATHFINDER 2 results, we are expanding our field-based sales and medical teams to bolster our education efforts and support growing demand." Grail ( GRAL ) noted that additional analyses are underway to better understand these data, and detailed results will be submitted for presentation at the ASCO 2026 Annual Meeting. Source: Press release More on GRAIL, Inc. GRAIL, Inc. (GRAL) Q4 2025 Earnings Call Transcript G...
This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Hong Kong astronomy enthusiasts can expect a “blood moon” lunar eclipse early next month, with residents able to view the phenomenon with the naked eye from some places. The global event will take place in the city on the evening of March 3, according to the Ho...
This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Hong Kong astronomy enthusiasts can expect a “blood moon” lunar eclipse early next month, with residents able to view the phenomenon with the naked eye from some places. The global event will take place in the city on the evening of March 3, according to the Hong Kong Observatory. “The total eclipse process can be directly observed with [the naked] eye from...
By M. Marin OTC:LGMK READ THE FULL LGMK RESEARCH REPORT Expanding distribution channels, greater emphasis on DTC & online expected to lower CAC over time LogicMark, Inc. (OTC:LGMK) has made significant strides as it transforms its business to a personal safety company offering recurring revenue solutions for a wide target market. The company’s legacy business focused on providing personal
By M. Marin OTC:LGMK READ THE FULL LGMK RESEARCH REPORT Expanding distribution channels, greater emphasis on DTC & online expected to lower CAC over time LogicMark, Inc. (OTC:LGMK) has made significant strides as it transforms its business to a personal safety company offering recurring revenue solutions for a wide target market. The company’s legacy business focused on providing personal
Dmitry Vinogradov Stock index futures were higher on Friday as investors awaited key economic data, including gross domestic product and personal consumption expenditures figures due later in the session. Nasdaq 100 futures ( US100:IND ) +0.53%. S&P 500 futures ( SPX ) +0.40%, and Dow futures ( INDU ) +0.25%. U.S. Treasury yields were little changed. The 10-year Treasury yield ( US10Y ) held at 4....
Dmitry Vinogradov Stock index futures were higher on Friday as investors awaited key economic data, including gross domestic product and personal consumption expenditures figures due later in the session. Nasdaq 100 futures ( US100:IND ) +0.53%. S&P 500 futures ( SPX ) +0.40%, and Dow futures ( INDU ) +0.25%. U.S. Treasury yields were little changed. The 10-year Treasury yield ( US10Y ) held at 4.08%, while the 2-year yield ( US2Y ) ticked up to 3.48%. The 30-year yield ( US30Y ) stood at 4.70%. On the economic calendar, the initial Q4 GDP estimate is expected to show growth of 2.8% after 4.4% in Q3. The delayed December Personal Income and Outlays report is forecast to show spending up 0.3% and income rising 0.3%, with core PCE prices expected to increase 0.3%. Top gainers in premarket trading included AppLovin ( APP ) +6.12%, Comfort Systems USA ( FIX ) +5.64%, and Live Nation Entertainment ( LYV ) +3.51%. Decliners included Akamai Technologies ( AKAM ) -8.84%, Targa Resources ( TRGP ) -8.40%, and Copart ( CPRT ) -6.56%. More on markets How I Learned To Love The Bubble (Even Before It Bursts) 4 Ways Market Dynamics Are Changing In 2026 AAII Sentiment Survey: Neutral Sentiment Leap
JHVEPhoto/iStock Editorial via Getty Images Tata Electronics said it will serve as a manufacturing partner for Qualcomm ( QCOM ) Automotive Modules in India. Qualcomm will make the Automotive Module products at Tata Electronics' upcoming semiconductor assembly and test (OSAT) facility in Jagiroad, in the Indian state of Assam. The companies said with the collaboration, which supports the nation’s ...
JHVEPhoto/iStock Editorial via Getty Images Tata Electronics said it will serve as a manufacturing partner for Qualcomm ( QCOM ) Automotive Modules in India. Qualcomm will make the Automotive Module products at Tata Electronics' upcoming semiconductor assembly and test (OSAT) facility in Jagiroad, in the Indian state of Assam. The companies said with the collaboration, which supports the nation’s "Make in India" initiative, Tata Electronics joins Qualcomm's global network of module manufacturing partners. The collaboration aims to enable local production of automotive technologies for digital cockpits, infotainment, connectivity, and intelligent vehicle systems for growing demand from Indian and global automakers, according to the companies. "Our work with Tata Electronics marks an important milestone in our automotive growth strategy. As the industry accelerates its shift toward integrated, module-based architectures, expanding manufacturing capacity in key regions becomes essential," said Nakul Duggal, EVP and Group GM, Automotive, Industrial and Embedded IoT, and Robotics, Qualcomm Technologies. Tata Electronics noted that the Jagiroad facility is India’s first indigenous OSAT facility, being built with an investment of $3B. The facility will focus on platform technologies — wire bond, flip chip, and Integrated Systems Packaging, or ISP — to make products for key applications in industries such as automotive, communications, IoT, and AI. More on Qualcomm Qualcomm's Weak Guidance Sparks A Mispricing, Not A Structural Shift Qualcomm Earnings: Why The Stock Is Dropping And Where It's Going Next QUALCOMM Incorporated (QCOM) Q1 2026 Earnings Call Transcript UK lawsuit against Qualcomm over smartphone chip royalties to be withdrawn Big tech CEOs head to India for major AI summit
The euro is hovering near its lowest level in a month as the US positions forces for a potential strike on Iran, denting risk appetite and boosting the dollar. The common currency has slid about 0.8% this week, its worst performance in three months, and is headed for its eighth decline in nine sessions. It is trading around $1.1765 in London, with the latest leg lower coming as oil prices hit a si...
The euro is hovering near its lowest level in a month as the US positions forces for a potential strike on Iran, denting risk appetite and boosting the dollar. The common currency has slid about 0.8% this week, its worst performance in three months, and is headed for its eighth decline in nine sessions. It is trading around $1.1765 in London, with the latest leg lower coming as oil prices hit a six-month high and the US increased pressured Iran to reach a deal over its nuclear program. Resilient US data had already been weighing on the euro by pushing investors to pare back expectations for Federal Reserve rate cuts. Geopolitics has now added another tailwind for the greenback, with higher crude prices feeding into the dollar’s broader bid, said Kirstine Kundby-Nielsen , a FX analyst at Danske Bank. US President Donald Trump has given Iran 15 days at most to strike a deal. The US military is deploying a vast array of forces ahead of a potential strike on the major oil producer, the biggest buildup since 2003. US Amasses Forces as Trump Says Iran Has Just Days for Deal (1) The euro remains overvalued while geopolitical risks haven’t yet been priced in, according to Francesco Pesole , FX strategist at ING Bank NV. This “means greater downside risks for EUR/USD, which we believe can trade all the way down to 1.16 in a major escalation,” he said. Options markets are aligning with the move. Short-dated positioning has turned the most bearish since October, according to risk reversals, a barometer of market positioning and sentiment. Data from the Depository Trust & Clearing Corporation show traders are focusing on the $1.17 area — the most heavily used euro-put strike this week — and meaningful demand is extending toward $1.15. Most of the bets expire over the next month, showing traders are focused on protecting against near-term euro weakness, rather than positioning for a big, long-term collapse.
An airport in Florida will soon be renamed after US President Donald Trump, after a bill proposing the change was approved by the state’s legislature on Thursday. Trump, a real estate mogul who has plastered his name on buildings around the world, has sought to leave his mark on the country in an unprecedented image and building campaign. Florida’s Republican-led legislature approved a bill to ren...
An airport in Florida will soon be renamed after US President Donald Trump, after a bill proposing the change was approved by the state’s legislature on Thursday. Trump, a real estate mogul who has plastered his name on buildings around the world, has sought to leave his mark on the country in an unprecedented image and building campaign. Florida’s Republican-led legislature approved a bill to rename the Palm Beach International Airport as the President Donald J. Trump International Airport,...
Select Water Solutions ( WTTR ) has priced a public offering of 13.7 million shares of its Class A common stock at $12.75 per share, the company announced Thursday. The offering is expected to close on February 23, 2026, subject to standard closing conditions. The Texas-based company said it plans to use the net proceeds for general corporate purposes. These include investing in water infrastructu...
Select Water Solutions ( WTTR ) has priced a public offering of 13.7 million shares of its Class A common stock at $12.75 per share, the company announced Thursday. The offering is expected to close on February 23, 2026, subject to standard closing conditions. The Texas-based company said it plans to use the net proceeds for general corporate purposes. These include investing in water infrastructure growth projects, pursuing potential acquisitions, and repaying debt under its sustainability-linked credit facility. Select also granted underwriters a 30-day option to purchase up to an additional 2.06 million shares at the same public offering price, minus discounts and commissions. Source: Press Release More on Select Energy Services Select Water Solutions, Inc. (WTTR) Q4 2025 Earnings Call Transcript Select Water Solutions, Inc. (WTTR) Discusses Transition to Water Infrastructure Focus and Market Positioning Transcript Select Water Solutions: Water Infrastructure Outshines Completion Weakness Select Water Solutions launches $175 million common stock offering Select Water upgraded at Northland on 'decisively bullish' Q4 results, commentary