This article first appeared on GuruFocus. Alphabet (NASDAQ:GOOGL) fell about 2% on Tuesday despite the news that the European Commission approved its $32 billion purchase of cybersecurity startup Wiz. The EU regulator said the deal posed no competition concerns across the European Economic Area. The move comes after Wiz cleared U.S. antitrust review by the Justice Department last November. Alphabe...
This article first appeared on GuruFocus. Alphabet (NASDAQ:GOOGL) fell about 2% on Tuesday despite the news that the European Commission approved its $32 billion purchase of cybersecurity startup Wiz. The EU regulator said the deal posed no competition concerns across the European Economic Area. The move comes after Wiz cleared U.S. antitrust review by the Justice Department last November. Alphabet first outlined the all-cash acquisition in March 2025, describing it as a strategic step to strengthen its cloud security offerings. The $32 billion deal marks the largest acquisition in the company's history. Analysts say the Wiz buy signals Alphabet's focus on expanding its cloud infrastructure and security services as enterprises increase demand for robust cybersecurity solutions. Market watchers will monitor how integration impacts margins and growth.
shulz/E+ via Getty Images Credo Technology ( CRDO ) shares jumped more than 10% during market trading on Tuesday after the semiconductor company increased its third-quarter revenue guidance and outlook. The company increased its third-quarter fiscal 2026 revenue to range from $404M to $408M compared to its earlier guidance of $335M to $345M. "Additionally, Credo expects mid-single-digit sequential...
shulz/E+ via Getty Images Credo Technology ( CRDO ) shares jumped more than 10% during market trading on Tuesday after the semiconductor company increased its third-quarter revenue guidance and outlook. The company increased its third-quarter fiscal 2026 revenue to range from $404M to $408M compared to its earlier guidance of $335M to $345M. "Additionally, Credo expects mid-single-digit sequential revenue growth each quarter from late FY26 into FY27," said BNP Paribas analysts Karl Ackerman and Matthew Akers in an investor note. "This implies revenue growth of 200%+ Y/Y in FY26 to over $1.3B, which is above previous expectations of 170%+ Y/Y growth to $1.2B. Assuming an unchanged 45% net margin guide for FY26, we estimate Credo can deliver more than $3.07 non-GAAP EPS, which is 9% above consensus of $2.80. Further, assuming revenue could grow mid-single digits sequentially every quarter in FY27, it implies Credo's revenue could grow ~50% Y/Y to near $2B in FY27." BNP also said they expect Credo's active electrical cables (AECs) to have a longer lifecycle in artificial intelligence networks beyond 2027. "Moreover, we expect a long tail for 100G and 200G per lane AECs for frontend applications," BNP noted. "For example, we think Credo started to ramp 800G AECs in April at Meta ( META ) for back-end, scale-out networks, while Credo primarily sells 100G AECs for front-end x86 servers at Microsoft ( MSFT ). As such, we don't expect 200G/lane crossover until late CY27." What's more, if Credo's 200G AECs do struggle to meet the demands of AI data centers in the years ahead, its active LED cable, or ALC, should be sufficient to handle multi-rack, scale-across applications. BNP has set a hefty $245 price target on the stock. Credo plans to release its third-quarter financial results post-market on Monday, March 2. A consensus estimate expects Credo to report adjusted earnings per share of $0.91 and GAAP EPS of $0.65. The estimate calls for revenue of $384M. More on Credo Tec...
March NY world sugar #11 (SBH26) today is down -0.21 (-1.46%), and March London ICE white sugar #5 (SWH26) is down -7.20 (-1.78%). Sugar prices are retreating today, with London sugar falling to a 5-year nearest-futures low. Sugar prices have been in a gradual decline over the past three months, with NY sugar falling to a 3-month low last Friday and London sugar slumping to a 5-year nearest-future...
March NY world sugar #11 (SBH26) today is down -0.21 (-1.46%), and March London ICE white sugar #5 (SWH26) is down -7.20 (-1.78%). Sugar prices are retreating today, with London sugar falling to a 5-year nearest-futures low. Sugar prices have been in a gradual decline over the past three months, with NY sugar falling to a 3-month low last Friday and London sugar slumping to a 5-year nearest-futures low today, amid continued concerns about global sugar surpluses. Last Friday, Unica reported that Brazil's cumulative 2025-26 Center-South sugar output through mid-January rose by +0.9% y/y to 40.236 MMT. Also, the ratio of cane crushed for sugar rose to 50.78% in 2025/36 from 48.15% in 2024/25. Don’t Miss a Day: The outlook for persistent global sugar surpluses is weighing on prices. Last Wednesday, analysts from sugar trader Czarnikow said they expect a global sugar surplus of 3.4 MMT in the 2026/27 crop year, following an 8.3 MMT surplus in 2025/26. On January 29, Green Pool Commodity Specialists said that they expect a 2.74 MMT global sugar surplus for 2025/26 and a 156,000 MT surplus for 2026/27. Also, StoneX said last Friday it expects a global sugar surplus of 2.9 MMT in 2025/26. The India Sugar Mill Association (ISMA) reported January 19 that India's 2025-26 sugar output from Oct 1-Jan 15 is up +22% y/y to 15.9 MMT. The ISMA on November 11 raised its 2025/26 India sugar production estimate to 31 MMT from an earlier forecast of 30 MMT, up +18.8% y/y. The ISMA also cut its estimate for sugar used for ethanol production in India to 3.4 MMT from a July forecast of 5 MMT, which may allow India to boost its sugar exports. India is the world's second-largest sugar producer. Sugar prices have been weighed down amid prospects of higher sugar exports from India, after India's food secretary said the government may permit additional sugar exports to reduce a domestic supply glut. In November, India's food ministry said it would allow mills to export 1.5 MMT of sugar in the 2...
March ICE NY cocoa (CCH26) today is down -298 (-7.26%), and March ICE London cocoa #7 (CAH26) is down -204 (-6.90%). Cocoa prices are plummeting today, with NY cocoa posting a 2.25-year nearest-futures low. Cocoa prices have been in freefall over the past six weeks, with London cocoa sinking to a 2.5-year low on January 30, as abundant global supplies and slack demand weigh on cocoa prices. Losses...
March ICE NY cocoa (CCH26) today is down -298 (-7.26%), and March ICE London cocoa #7 (CAH26) is down -204 (-6.90%). Cocoa prices are plummeting today, with NY cocoa posting a 2.25-year nearest-futures low. Cocoa prices have been in freefall over the past six weeks, with London cocoa sinking to a 2.5-year low on January 30, as abundant global supplies and slack demand weigh on cocoa prices. Losses in cocoa prices accelerated today after Nigerian Dec cocoa exports were reported at 54,799 MT, up +17% y/y. Nigeria is the world's fifth-largest cocoa producer. Don’t Miss a Day: On January 29, StoneX forecasted a global cocoa surplus of 287,000 MT in the 2025/26 season and a 267,000 MT surplus for 2026/27. Also, the International Cocoa Organization (ICCO) reported on January 23 that global cocoa stocks rose 4.2% y/y to 1.1 MMT. Demand concerns have hammered cocoa prices as consumers continue to balk at the high price of chocolate. On January 28, Barry Callebaut AG, the world's largest bulk chocolate maker, reported a -22% decline in sales volume in its cocoa division for the quarter ending November 30, citing "negative market demand and a prioritization of volume toward higher-return segments within cocoa." Grinding reports also showed weak demand. On January 15, the European Cocoa Association reported that Q4 European cocoa grindings fell -8.3% y/y to 304,470 MT, a bigger decline than expectations of -2.9% y/y and the lowest for a Q4 in 12 years. On December 16, the Cocoa Association of Asia reported that Q4 Asian cocoa grindings fell -4.8% y/y to 197,022 MT. Also, the National Confectioners Association reported Q4 North American cocoa grindings rose only +0.3% y/y to 103,117 MT. Abundant ICE-monitored cocoa inventories are negative for prices. ICE cocoa inventories soared to a 3.25-month high of 1,812,564 bags on Monday. Slowing cocoa deliveries to ports in the Ivory Coast is a supportive factor for prices. Today's cumulative data showed that Ivory Coast farmers shipped...
Still the wait goes on. When Britain arrived in Milano Cortina there was heady talk of the country having one of its “most potent ever teams” for a Winter Olympics. So far, though, Team GB is still firing blanks. It is not for the want of trying. Kirsty Muir missed out on a freeski slopestyle bronze by 0.41 points. Mia Brookes came impossibly close to making the biggest trick in Olympic big air sn...
Still the wait goes on. When Britain arrived in Milano Cortina there was heady talk of the country having one of its “most potent ever teams” for a Winter Olympics. So far, though, Team GB is still firing blanks. It is not for the want of trying. Kirsty Muir missed out on a freeski slopestyle bronze by 0.41 points. Mia Brookes came impossibly close to making the biggest trick in Olympic big air snowboard history. While Britain’s mixed curlers, having coasted regally through the group stages, found their mojo going awol when it mattered most. Less than 48 hours ago, there were high hopes for three medals on Magic Monday. Now the dominant narrative is of heartbreak and pain, tears and tales of what might have been. No wonder Team GB’s chef de mission, Eve Muirhead, has urged everyone to “stay positive” after three fourth-place finishes in barely 24 hours. But the fact she used the phrase four times in four answers, when speaking to the media after Bruce Mouat and Jen Dodds bronze-medal defeat against Italy, suggested she was trying to convince herself as much as anyone else. So will it be squeaky bum time at UK Sport, which has invested £25.5m across winter sports for the 2022-26 cycle, and set a goal of four to eight medals? Not yet. Because while medal opportunities have slipped by, even more remain. Part of that confidence comes down to believing that the variance that has gone against them so far must shift at some point. Yes Britain expected at least one medal from the three chances they had earlier in the week. But if you spin a coin three times hoping for heads, there is still a 12.5% of the time you get three tails instead. And that is what essentially happened. As Muirhead put it on Tuesday: “We always speak about winter sports and how it comes down to absolutely nothing and I think the last couple of days has been a prime example of that, hasn’t it? Millimetres, milliseconds. But you know what, I’m really kind of, I’m positive. We are only on day four and th...
gorodenkoff/iStock via Getty Images Introduction AppLovin is the best-of-breed digital advertising company, boasting high top-line growth and pristine EBITDA/FCF margins, benefiting from AI and machine-learning tailwinds that improve understanding of user behavior for prediction and advertising targeting. But that comes with a hefty price tag, with the stock often trading at a nosebleed valuation ...
gorodenkoff/iStock via Getty Images Introduction AppLovin is the best-of-breed digital advertising company, boasting high top-line growth and pristine EBITDA/FCF margins, benefiting from AI and machine-learning tailwinds that improve understanding of user behavior for prediction and advertising targeting. But that comes with a hefty price tag, with the stock often trading at a nosebleed valuation (40-50x forward earnings), reflecting lofty market expectations. That said, with APP share price plummeting 35% within a month, I see a decent entry point at $400 to start building a position, corresponding to a PEG of 0.74x. I believe AppLovin remains on a positive flywheel in 2026, supported by 1) Full rollout of the Axon self-service ads platform to small and medium enterprises in 2026, expanding Axon’s use cases to refine AI algorithms targeting precisions, 2) Expansion to e-commerce leveraging mobile gaming ads targeting know-how, tapping ad inventories not only from mobile games, but also from retail and merchandise brands, as well as 3) Optimising advertisers campaigns and ROAS through AI-generated ad creatives. Why I Believe AppLovin Selloff Was Irrational – a Typical “Sell First, Ask Later” Playbook AppLovin was down 34% YTD, underperforming the S&P 500's 1.1% return by a substantial margin, making APP the worst-performing stock in the S&P 500. This was due to myriad reasons, ranging from market repricing of software companies to short-seller reports from Capital Watch. PurchaseSmart from CloudX (CloudX) Additionally, AppLovin fell 13% on Wednesday after startup CloudX, co-founded by CEO Jim Payne, launched an AI agent-driven advertising platform designed to automate tasks managed by engineers and ad operations teams, potentially streamlining programmatic ad workflows and raising competitive threat concerns for AppLovin's Machine Learning programmatic ads moat and black box problem for Axon. Nevertheless, my take is that CloudX is an unproven platform that fails to...
Earnings Call Insights: Vestis Corporation (VSTS) Q1 2026 Management View James Barber, CEO, stated that "Adjusted EBITDA was $70 million, improving sequentially from fiscal Q4 2025, which represented a low point in our profitability. This improvement is exactly what we set out to achieve with our transformation, reflecting early tangible progress from actions to bend the cost curve and drive bett...
Earnings Call Insights: Vestis Corporation (VSTS) Q1 2026 Management View James Barber, CEO, stated that "Adjusted EBITDA was $70 million, improving sequentially from fiscal Q4 2025, which represented a low point in our profitability. This improvement is exactly what we set out to achieve with our transformation, reflecting early tangible progress from actions to bend the cost curve and drive better utilization of our people and our network." Barber highlighted improvements in key operating metrics, noting "On-time delivery improved by 300 basis points versus the first quarter of 2025. Plant productivity improved 7% and customer complaints declined 12% year-over-year, and our average weekly lost business in Q1 declined 15% from the fourth quarter." Barber emphasized a focus on cost per pound: "In the first quarter, we saw a $0.02 improvement in cost per pound over fiscal Q1 2025, which translates to roughly $10 million in adjusted EBITDA at our current volume and mix levels." The company is advancing commercial excellence with decision support tools, a strategic pricing model, and market development representatives to deepen customer penetration. Network and asset optimization efforts include marketing several non-core properties for sale, with proceeds intended to repay debt. Adam Bowen, Interim CFO, stated, "Revenue for the first quarter was $663.4 million, a decline of $20.4 million or 3% versus the first quarter of fiscal 2025. Rental revenue declined $17.9 million and direct sales declined $2.7 million." Bowen addressed product mix headwinds: "The shift in our product mix has negatively impacted revenue per pound by $0.04 or 3%, which equates to roughly $20 million or the total amount of our year-over-year decline in revenue." Bowen noted, "Our cost of service was down $3 million year-over-year on a combination of lower merchandise and delivery costs." He also highlighted, "SG&A was down approximately $0.9 million over the same period on a reported or gross bas...
Before Nvidia, there was Cisco Systems. On Feb. 16, 1990, Cisco Systems (CSCO +0.16%) went public at $18 per share. The then-$224 million company, whose software enabled computer networks to link up over greater distances, was created by two computer support staffers at Stanford University who had been tasked with helping to expand the computer network across campus. Realizing the commercial poten...
Before Nvidia, there was Cisco Systems. On Feb. 16, 1990, Cisco Systems (CSCO +0.16%) went public at $18 per share. The then-$224 million company, whose software enabled computer networks to link up over greater distances, was created by two computer support staffers at Stanford University who had been tasked with helping to expand the computer network across campus. Realizing the commercial potential of the "network extension cord" that they had created, they quit their jobs to found Cisco in 1984. The company's routers and switches were in such high demand that Cisco became known as "the backbone of the Internet," playing a role in the dot-com boom that isn't unlike what semiconductor firm Nvidia has meant to the global AI revolution these days. Expand NASDAQ : CSCO Cisco Systems Today's Change ( 0.16 %) $ 0.14 Current Price $ 86.92 Key Data Points Market Cap $343B Day's Range $ 86.68 - $ 88.19 52wk Range $ 52.11 - $ 88.19 Volume 1.1M Avg Vol 22M Gross Margin 63.92 % Dividend Yield 1.89 % By 1993, Cisco had soared so rapidly that a New York Times article detailed its "stunning rise" that "puts it in the Big Leagues." At the time, shares had already risen 1,850%, adjusting for stock splits. But Cisco's rise wasn't over. As enthusiasm around the internet grew by orders of magnitude, Cisco shares continued soaring. As you can see below, by its peak in early March 2000, total returns for "the backbone of the Internet" were just over 100,600%. But the infamous dot-com bubble meltdown was around the corner. Starting in March 2000, Cisco shares tumbled by over 70% in a years-long slide. It wouldn't be until December 2025 that the share price finally surpassed its March 2000 peak. So, how much would $1,000 invested in the IPO be worth now? At $18 per share, $1,000 would have bought 55.55 shares. After nine stock splits, those initial shares would have grown to 16,000. At Friday's close of $84.82 per share, those 16,000 shares would now be worth $1,357,120. Cisco began pay...
Key Points Cisco shares soared roughly 100,000% in little over a decade after the company's IPO, as it became known as "the backbone of the Internet." The company wasn't spared in the dot-com collapse, with a sell-off that took over 25 years to recover from. It began paying a dividend in 2011, and anyone who invested $1,000 into its IPO and held would now be collecting $26,240 per year. 10 stocks ...
Key Points Cisco shares soared roughly 100,000% in little over a decade after the company's IPO, as it became known as "the backbone of the Internet." The company wasn't spared in the dot-com collapse, with a sell-off that took over 25 years to recover from. It began paying a dividend in 2011, and anyone who invested $1,000 into its IPO and held would now be collecting $26,240 per year. 10 stocks we like better than Cisco Systems › On Feb. 16, 1990, Cisco Systems (NASDAQ: CSCO) went public at $18 per share. The then-$224 million company, whose software enabled computer networks to link up over greater distances, was created by two computer support staffers at Stanford University who had been tasked with helping to expand the computer network across campus. Realizing the commercial potential of the "network extension cord" that they had created, they quit their jobs to found Cisco in 1984. The company's routers and switches were in such high demand that Cisco became known as "the backbone of the Internet," playing a role in the dot-com boom that isn't unlike what semiconductor firm Nvidia has meant to the global AI revolution these days. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » By 1993, Cisco had soared so rapidly that a New York Times article detailed its "stunning rise" that "puts it in the Big Leagues." At the time, shares had already risen 1,850%, adjusting for stock splits. But Cisco's rise wasn't over. As enthusiasm around the internet grew by orders of magnitude, Cisco shares continued soaring. As you can see below, by its peak in early March 2000, total returns for "the backbone of the Internet" were just over 100,600%. But the infamous dot-com bubble meltdown was around the corner. Starting in March 2000, Cisco shares tumbled by over 70% in a years-long slide. It wouldn't be until D...
Fetterman Breaks Ranks With Democrats, Supports Federal Voter ID Measure Via American Greatness , Senator John Fetterman (D-PA) has broken ranks with Democratic leadership and has come out in favor of requiring photo ID for voting in elections across the nation. Fetterman appeared on the Fox News program “ Sunday Morning Futures ” yesterday and told host Maria Bartiromo that voter ID wasn’t an “un...
Fetterman Breaks Ranks With Democrats, Supports Federal Voter ID Measure Via American Greatness , Senator John Fetterman (D-PA) has broken ranks with Democratic leadership and has come out in favor of requiring photo ID for voting in elections across the nation. Fetterman appeared on the Fox News program “ Sunday Morning Futures ” yesterday and told host Maria Bartiromo that voter ID wasn’t an “unreasonable” requirement, saying, “ It’s not a radical idea for regular Americans to show your ID to vote .” Fetterman’s right Who agrees? https://t.co/vFUfyQgFPQ — Mike Lee (@BasedMikeLee) February 9, 2026 Fetterman pointed to states like Wisconsin that have similar protections requiring proof of citizenship for federal voter registration and photo ID at the polls. He noted that 60% of voters in Wisconsin support such safeguards , despite having elected liberal justice Susan Crawford in 2025 to the Wisconsin Supreme Court. House Republicans plan to vote this week on the Safeguarding American Voter Eligibility (SAVE) America Act with national polls showing 83% of Americans support the measure, including 71% of Democrats. House Minority Leader Hakeem Jeffries continued to decry the SAVE America Act as “voter suppression” and accused President Trump and GOP leadership of trying to steal the upcoming midterm elections by nationalizing them. Dana Bash: 71% of your fellow Democrats support requiring an ID to vote. Why are they wrong? Hakeem Jeffries (D): Republicans are engaging in voter suppression!.. Trump is trying to steal the election! Elected Dems oppose the will of Americans. pic.twitter.com/tFoNR5Kv2T — Libs of TikTok (@libsoftiktok) February 8, 2026 Fetterman rejected comparisons of the SAVE America Act to resurrecting Jim Crow laws as Democratic leaders have claimed. The Pennsylvania Senator also broke with his party leadership on the issue of funding for the Department of Homeland Security (DHS) which is expected to run out on Friday unless lawmakers can break a deadlo...
最低工資｜批連同「468」政策加重僱主負擔、壓力大增 郭志華：勞工界「大豐收」 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】最低工資增加一元至43.1元，預計5月實施。香港中小型企業聯會會長郭志華表示，部分勞動...
最低工資｜批連同「468」政策加重僱主負擔、壓力大增 郭志華：勞工界「大豐收」 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】最低工資增加一元至43.1元，預計5月實施。香港中小型企業聯會會長郭志華表示，部分勞動密集行業仍以最低工資聘請人手，最低工資調整連同其他勞工政策會增加僱主負擔。 香港中小型企業聯會會長郭志華：「對資方而言，不是（加）一元的問題，還加上『468』的問題，兩方面也加重了僱主的負擔。不只這麼少，『468』差不多加了約10%。這幾年勞工方面的政策是勞工界的『大豐收』，對密集性行業的僱主、受訪過的也認為壓力會較大。」
CME Group ( CME ) on Tuesday announced plans to launch single stock futures, beginning this summer. The product is expected to enable market participants to trade futures on over 50 U.S. stocks from the S&P 500, Nasdaq-100, and Russell 1000 indices. "These contracts will provide a simpler, more cost-effective way to take a view on a stock, while allowing market participants to gain exposure to, or...
CME Group ( CME ) on Tuesday announced plans to launch single stock futures, beginning this summer. The product is expected to enable market participants to trade futures on over 50 U.S. stocks from the S&P 500, Nasdaq-100, and Russell 1000 indices. "These contracts will provide a simpler, more cost-effective way to take a view on a stock, while allowing market participants to gain exposure to, or hedge potential price movements, without buying shares outright," said Tim McCourt, global head of equities, FX, and alternative products. More on CME CME Group's Strength Is Clear, But The Stock Looks Fully Valued CME Group: Quality Shines Through, But It Doesn't Mean To Buy CME Group Inc. (CME) Q4 2025 Earnings Call Transcript CME Q4 earnings top consensus on record ADV; stock slips CME Group targets 1%–1.5% revenue lift through new fee adjustments while expanding 24/7 crypto and securities clearing
A Greek air force officer arrested on suspicion of spying for China has been detained pending trial after appearing before a military judge in a case that is seen as exposing Beijing’s determination to infiltrate Europe’s security and intelligence services. Surrounded by armed escorts, a squadron leader identified as Col Christos Flessas emerged late on Tuesday from the court after giving testimon...
A Greek air force officer arrested on suspicion of spying for China has been detained pending trial after appearing before a military judge in a case that is seen as exposing Beijing’s determination to infiltrate Europe’s security and intelligence services. Surrounded by armed escorts, a squadron leader identified as Col Christos Flessas emerged late on Tuesday from the court after giving testimony for over eight hours. The 54-year-old faces a life sentence if found guilty of charges that include “transmitting top secret information of a military nature” to China. He was described as having access to sensitive military information, including armed forces technologies under development, and is believed to have been recruited by Beijing last year. Greek media reports said he had admitted to photographing and transmitting classified Nato documents using specialised encryption software provided by Chinese intelligence. He allegedly received tradecraft training in China during an undeclared trip to the country that military sources claimed had ultimately also exposed him. In a statement made by his lawyer following the court appearance, Flessas said: “Unknowingly and without intent, I became involved in something that developed in a way that became nightmarish, dangerous and illegal. In my testimony I did not try to justify myself or, in reality, even defend myself [...] I ask to be punished with a fair punishment.” Greek authorities were reportedly tipped off by the CIA about the extent of the leak and in a highly unusual statement after Flessas’s arrest on 5 February, the Greek general staff said there was “clear evidence of criminal offences under the military penal code”. Chinese operatives are thought to have initially approached their target online before recruiting him at a Nato conference in an unidentified European country. Flessas has been cited saying he was lured with promises of financial rewards made in foreign currencies and digital payments of between €5,...
Margins were the big story for Spotify this quarter. Spotify (SPOT +15.59%) stock jumped 18% today after another strong quarter. Revenue growth was solid, but user numbers were up, and price hikes didn't seem to hurt momentum. Management said the company's pricing power continues to improve and doesn't expect price hikes in January to hurt the business in the long term. For now, investors are over...
Margins were the big story for Spotify this quarter. Spotify (SPOT +15.59%) stock jumped 18% today after another strong quarter. Revenue growth was solid, but user numbers were up, and price hikes didn't seem to hurt momentum. Management said the company's pricing power continues to improve and doesn't expect price hikes in January to hurt the business in the long term. For now, investors are overlooking Spotify's high valuation and giving credit to improving margins and strong free cash flow from a company many thought couldn't squeeze out a profit. *Stock prices used were end-of-day prices of Feb. 10, 2026. The video was published on Feb. 10, 2026.
Both teams are in a good place right now, so changes to the starting XIs are thin on the ground. West Ham make one after their win at Burnley last weekend: Freddie Potts comes in for Callum Wilson, who drops to the bench. Manchester United meanwhile are again unchanged, naming the same starting XI for the third game in a row, after their home victories over Fulham and Tottenham Hotspur. Manchester...
Both teams are in a good place right now, so changes to the starting XIs are thin on the ground. West Ham make one after their win at Burnley last weekend: Freddie Potts comes in for Callum Wilson, who drops to the bench. Manchester United meanwhile are again unchanged, naming the same starting XI for the third game in a row, after their home victories over Fulham and Tottenham Hotspur. Manchester United’s current form under Michael Carrick has been well documented. However West Ham’s isn’t half bad either: three wins out of the last four for the Irons, with the single loss a staunch showing at in-form Chelsea. Throw in the fact that West Ham, fighting for their Premier League status, have won each of the last three stagings of this fixture, while Manchester United have emerged victorious from their last two visits to London, and this is balanced rather deliciously. Kick-off is at 8.15pm GMT. It’s on!
Federal Reserve Bank of Dallas President Lorie Logan says it will take "material" weakness in the labor market for her to support more interest-rate cuts during remarks at the FIA-Sifma Asset Management Derivatives Forum in Austin, Texas. (Source: Bloomberg)
Federal Reserve Bank of Dallas President Lorie Logan says it will take "material" weakness in the labor market for her to support more interest-rate cuts during remarks at the FIA-Sifma Asset Management Derivatives Forum in Austin, Texas. (Source: Bloomberg)
hapabapa/iStock Editorial via Getty Images After being bullish about Alphabet Inc. ( GOOG ) in two articles, my last article about Alphabet , which was published on November 13, 2025, took a more cautious stance, and I rated the stock as a “Hold.” In the conclusion of my article, I made it clear that I am torn between the bullish upside potential for Alphabet on the one side and the risk of the AI...
hapabapa/iStock Editorial via Getty Images After being bullish about Alphabet Inc. ( GOOG ) in two articles, my last article about Alphabet , which was published on November 13, 2025, took a more cautious stance, and I rated the stock as a “Hold.” In the conclusion of my article, I made it clear that I am torn between the bullish upside potential for Alphabet on the one side and the risk of the AI bubble popping on the other side. I wrote: Right now, it seems to be rather complicated to make a clear statement about Alphabet and provide some sort of guidance for investors. On the one hand, Alphabet is a highly profitable company and well positioned to become one of the AI-leaders and be dominant in a market that might be a trillion-dollar market some day. And despite heavy investments, Alphabet still has a solid balance sheet with limited debt and still huge cash reserves (including short-term investments) and is generating a high free cash flow. On the other hand, the competition between the major AI companies is intensifying and we can raise the question whether trillions of dollars in investments are justified and whether they actually lead to trillions of dollars in revenue and profit at some point in time. And Alphabet will certainly be one of the companies that will survive a potential bursting bubble. The company is in healthy shape and still has a solid balance sheet . But investors might suffer huge losses on paper as sentiment might lead to lower stock prices for almost every company – especially those associated with AI. Alphabet collapsing by 50% or more is not an unlikely scenario if the AI hype should suddenly stop. While I was rather cautious about Alphabet as an investment, market participants obviously saw it differently and pushed the stock about 16% higher in these three months since my last article was published. This is not only a clear outperformance over the S&P 500, which increased only about 3% in the same timeframe, but also an impressive pe...
Bloomberg’s Market Pulse gauge hit an official manic condition at the end of January, where defensive sectors tend to outperform cyclicals and small caps often lag large caps. In this episode of the Inside Active podcast, host David Cohne, mutual fund and active management analyst at Bloomberg Intelligence, and co-host Michael Casper, BI’s senior US equity strategist, speak with Christopher Tessin...
Bloomberg’s Market Pulse gauge hit an official manic condition at the end of January, where defensive sectors tend to outperform cyclicals and small caps often lag large caps. In this episode of the Inside Active podcast, host David Cohne, mutual fund and active management analyst at Bloomberg Intelligence, and co-host Michael Casper, BI’s senior US equity strategist, speak with Christopher Tessin, a founder and managing partner of Acuitas Investments and lead portfolio manager for the Acuitas U
This fintech stock surpassed expectations, and the market is celebrating the achievement. Fiserv (FISV +5.05%) reported fourth quarter 2025 financial results this morning, and while the company's chief financial officer, Paul Todd, stated that the company's "fourth quarter results and 2026 guidance are in line with what we outlined in October," investors are, nonetheless, celebrating the performan...
This fintech stock surpassed expectations, and the market is celebrating the achievement. Fiserv (FISV +5.05%) reported fourth quarter 2025 financial results this morning, and while the company's chief financial officer, Paul Todd, stated that the company's "fourth quarter results and 2026 guidance are in line with what we outlined in October," investors are, nonetheless, celebrating the performance -- one that exceeded analysts' expectations. As of 1:56 p.m. ET, shares of the financial technology company are up 5%. Fiserv reports organic revenue growth in 2025 and sees more to come in 2026 Exceeding the $4.9 billion in revenue that analysts had anticipated, Fiserv reported Q4 2025 sales of $5.3 billion, a 1% year-over-year increase. With respect to profitability, Fiserv reported adjusted earnings per share (EPS) of $1.99, surpassing analysts' expectations of $1.90. Expand NASDAQ : FISV Fiserv Today's Change ( 5.05 %) $ 3.04 Current Price $ 63.18 Key Data Points Market Cap $32B Day's Range $ 58.62 - $ 63.59 52wk Range $ 57.79 - $ 238.59 Volume 8.9M Avg Vol 9.6M Gross Margin 60.50 % In addition to addressing the company's recent performance, management provided guidance for 2026: organic revenue growth of 1% to 3% year over year and adjusted EPS of $8.00 to $8.30. For context, Fiserv had reported year-over-year revenue growth of 4% for 2025. Investors believe this fintech stock is back on track Following the company's October reporting of vastly disappointing third-quarter 2025 financial results, Fiserv stock plunged, resulting in a 67% decline in 2025. Today's Q4 2025 financial results presentation, however, suggests to investors that the One Fiserv strategic initiative to reposition the company for growth is a success. While Fiserv's news today is encouraging, prudent investors will want to wait for further evidence that the company is back in growth mode -- whether that's seen in its presentation at its Investor Day event in May or in subsequent quarterly financia...