Rocket Companies (NYSE:RKT), a digital mortgage and real estate platform, closed at $20.35, up 8.42% for Tuesday’s session. The stock moved higher after its CEO’s comments on higher mortgage loan production signaled a potential housing-market recovery. The company’s trading volume reached 57.77 million shares, which is about 89% above its three-month average of 30.5 million shares. Rocket Companie...
Rocket Companies (NYSE:RKT), a digital mortgage and real estate platform, closed at $20.35, up 8.42% for Tuesday’s session. The stock moved higher after its CEO’s comments on higher mortgage loan production signaled a potential housing-market recovery. The company’s trading volume reached 57.77 million shares, which is about 89% above its three-month average of 30.5 million shares. Rocket Companies IPO'd in 2020. How the markets moved today The S&P 500 (SNPINDEX: ^GSPC) fell 0.84% to 6,917, while the Nasdaq Composite (NASDAQINDEX: ^IXIC) slid 1.43% to finish at 23,255. Within mortgage finance, industry peers PennyMac Financial Services (NYSE:PFSI) closed at $93.15 (up 0.09%) and UWM Holdings (NYSE:UWMC) ended at $5.08 (down 0.97%), reflecting a more mixed sector backdrop. What this means for investors Rocket Companies rallied after CEO Varun Krishna said the company is on track for its strongest mortgage loan production in four years. Investors took the comment as an early signal that demand may be improving as borrowing costs ease. The move follows nearly two years of contraction across housing and mortgage activity, a period that has left markets highly sensitive to any sign that refinancing and purchase volumes could begin to recover. Rocket’s acquisition of Mr. Cooper has expanded its servicing footprint to nearly 10 million homeowners, increasing the company’s exposure to a potential rebound in origination activity. Investors will be watching whether higher loan production persists into the coming quarters and whether housing turnover stabilizes enough to support a more durable recovery in mortgage demand. Should you buy stock in Rocket Companies right now? Before you buy stock in Rocket Companies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Rocket Companies wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Co...
Victor Golmer/iStock Editorial via Getty Images Late last year , the FDA approved Novo Nordisk A/S's ( NVO ) oral tablet of the weight loss drug Wegovy , marking a significant milestone as the first oral GLP-1 drug for weight management. Despite this accomplishment, I rated Novo a Sell due to the unfavorable unit economics of an oral pill, warning investors that the transition to oral Wegovy would...
Victor Golmer/iStock Editorial via Getty Images Late last year , the FDA approved Novo Nordisk A/S's ( NVO ) oral tablet of the weight loss drug Wegovy , marking a significant milestone as the first oral GLP-1 drug for weight management. Despite this accomplishment, I rated Novo a Sell due to the unfavorable unit economics of an oral pill, warning investors that the transition to oral Wegovy would necessarily create a substantial decline in gross margin. Another major difficulty was the massive price decrease of both Wegovy and competitor drugs forced by the Trump administration . Thus, an oral dosing strategy that may have seemed reasonable when GLP-1 drugs cost over $1,000/mo suddenly became uneconomical when the White House decreed that oral Wegovy would be priced starting at $150/mo, or $299/mo on a recurring basis. In short, the thesis recognized that the active pharmaceutical ingredient (API) in Wegovy is very bad at penetrating the gastrointestinal tract (GI); thus, the oral dosing strategy requires a proportional increase in the drug's dose. This is why the high dose of injectable Wegovy is 2.4 mg/week, while the high oral dose is 25 mg/day, an approximate 70x increase . Because the API peptide required for human consumption is not cheap, I estimated Novo's gross margin at over 90% for injectable Wegovy but falling to around 35% for high-dose oral Wegovy. Then, this Tuesday, Novo reported earnings , with the stock crashing by -15% as the result of results that badly missed expectations due to a substantial fall in margins. Worse, guidance for 2026 shocked investors, with Novo forecasting adjusted sales growth of between -5% and -13%. Because the oral pill only began selling in January, some investors may argue that this decline is a dip to be bought. I strongly disagree, as I previously noted the unit economics for transitioning to oral Wegovy are disastrous; therefore, oral Wegovy does not provide a thesis capable of lifting the stock. If Novo takes market ...
A profound energy transformation is reshaping Shanxi, China’s traditional coal heartland, where renewable power capacity has officially surpassed coal-fired generation, marking a historic turning point for one of the nation’s most carbon-intensive economies. The central province’s installed capacity for new energy surged to 90.48 million kilowatts in 2025 – a year-on-year increase of 18.29 million...
A profound energy transformation is reshaping Shanxi, China’s traditional coal heartland, where renewable power capacity has officially surpassed coal-fired generation, marking a historic turning point for one of the nation’s most carbon-intensive economies. The central province’s installed capacity for new energy surged to 90.48 million kilowatts in 2025 – a year-on-year increase of 18.29 million kW – vaulting renewables past the halfway point to claim 55.1 per cent of Shanxi’s total power-generation capacity, Xinhua reported on Monday. The milestone comes as Beijing strives to achieve “dual carbon” goals – leadership’s intention to peak China’s carbon emissions by 2030 and achieve carbon neutrality by 2060. Advertisement With its vast offering of proven coal reserves – Shanxi’s 48.3 billion tonnes accounted for nearly a quarter of China’s total in 2024, according to a People’s Daily report – the province’s pivot is seen as a litmus test for the country’s broader energy overhaul. Under the provincial government’s recent proposals for its 15th five-year plan (2026-2030), released in early December, leaders discussed their ambitious goal of transforming Shanxi from a “major coal province” into a “comprehensive energy powerhouse”. Solar panels are seen in Ruicheng county, Shanxi province, where a shift away from coal-fuelled power has amplified. Photo: Xinhua The blueprint seeks a delicate balance: maintaining coal’s role as a “bottom line” guarantee for national energy security while aggressively scaling up renewables.
Earnings Call Insights: Lumen Technologies (LUMN) Q4 2025 Management View Kathleen Johnson, President and CEO, highlighted the closing of the AT&T transaction as a pivotal moment, stating, "This marks a defining moment for Lumen, completing our pivot to become a simpler, stronger, enterprise-focused technology infrastructure company." Johnson emphasized the significant impact on capital structure,...
Earnings Call Insights: Lumen Technologies (LUMN) Q4 2025 Management View Kathleen Johnson, President and CEO, highlighted the closing of the AT&T transaction as a pivotal moment, stating, "This marks a defining moment for Lumen, completing our pivot to become a simpler, stronger, enterprise-focused technology infrastructure company." Johnson emphasized the significant impact on capital structure, reporting, "With the $4.8 billion in net proceeds and cash on hand, we've paid off all our super priority bonds in the last 24 hours" and "Our total debt now stands at less than $13 billion, and our net leverage has been reduced by a full turn now below 4x." Johnson reported that annual capital expenditures will decrease by over $1 billion due to the divestiture, as the company stops fiber-to-the-home builds and reallocates resources to build a digital network services company. She announced, "We exceeded our increased target for cost reduction, ending the year at over $400 million in run rate savings. Exiting 2026, we're targeting another $300 million of cost out, totaling $700 million run rate savings." Johnson noted, "We had a banner performance in PCF sales in the fourth quarter...we are now at nearly $13 billion with more deals in the pipeline." She also detailed strong growth in the NaaS business, highlighting a 29% quarter-over-quarter increase in active customers and a 31% rise in NaaS fabric ports deployed. She announced management additions: "Jim Fowler, our new Chief Technology and Product Officer...and Jeff Sharritts, our new Chief Revenue Officer." Christopher Stansbury, Executive VP & CFO, stated, "Over the past 12 months, we signed almost $4.5 billion in new PCF deals, taking the total amount of signed deals to nearly $13 billion." He noted, "We reached over $400 million in run rate cost reductions on track for $1 billion exiting 2027." Stansbury reported, "Yesterday, we announced the close of our fiber-to-the-home business to AT&T for $5.75 billion. The net...
Earnings Call Insights: Transcat, Inc. (TRNS) Q3 2026 Management View President and CEO Lee Rudow stated that "Transcat delivered strong performance across our entire business portfolio in the third quarter. Consolidated revenue was up 26% to $83.9 million, driven by double-digit revenue growth in both our distribution and service segments." He highlighted organic service growth at 7% and a 28% in...
Earnings Call Insights: Transcat, Inc. (TRNS) Q3 2026 Management View President and CEO Lee Rudow stated that "Transcat delivered strong performance across our entire business portfolio in the third quarter. Consolidated revenue was up 26% to $83.9 million, driven by double-digit revenue growth in both our distribution and service segments." He highlighted organic service growth at 7% and a 28% increase in consolidated gross profit. Rudow noted, "Adjusted EBITDA grew $2.2 million or 27.2% in the quarter, to $10.1 million." The CEO credited demand in regulated end markets, a differentiated brand, significant growth in the rental channel, and contributions from the Martin and Essco calibration acquisitions. He emphasized the ongoing integration and synergy capture from these acquisitions and reaffirmed the company's acquisition-driven growth strategy. Rudow explained, "The quarter marked our 67th straight quarter of year-over-year growth, almost 17 years." He emphasized that customer onboarding costs impacted service margins but expects normalization over time. The Distribution segment saw revenue growth of 20% and gross margin expansion of 330 basis points, attributed to high rental demand. CFO Thomas Barbato reported, "Third quarter consolidated revenue of $83.9 million was up 26% versus the prior year as both segments grew double digits." He stated, "Service revenue grew 29% with organic revenue growth of 7% and the balance of the growth the result of the Martin calibration and Essco calibration acquisitions." Barbato noted, "Distribution segment gross profit of $9.8 million was up 34% with 330 basis points gross margin expansion, driven by growth in the higher-margin rental channel." Barbato also disclosed, "Q3 net loss of $1.1 million decreased versus prior year, driven by higher amortization expense related to both the Martin and Essco calibration acquisitions... as well as higher levels of interest expense and onetime charges related to the execution of the CEO...
Earnings Call Insights: Sonos, Inc. (SONO) Q1 2026 Management View CEO Thomas Conrad reiterated the company's commitment to “building durable, repeatable growth over time” and emphasized that Sonos is "not a collection of products. It's a system that gets more valuable as you add to it, use it across more rooms and rely on it over time." He detailed five growth dimensions: product innovation, cust...
Earnings Call Insights: Sonos, Inc. (SONO) Q1 2026 Management View CEO Thomas Conrad reiterated the company's commitment to “building durable, repeatable growth over time” and emphasized that Sonos is "not a collection of products. It's a system that gets more valuable as you add to it, use it across more rooms and rely on it over time." He detailed five growth dimensions: product innovation, customer advocacy, intentional marketing, geo expansion, and leveraging emerging trends such as conversational AI. Conrad highlighted the recent introduction of Sonos Amp Multi, which is “a clear expression of our system strategy” and targets installer partners to enable larger and more sophisticated home audio projects. Conrad stated, “Q1 revenue of $546 million with gross profit dollars growing 5% year-over-year. Adjusted EBITDA grew 45% year-over-year to $132 million.” He noted that the company generated as much adjusted EBITDA in this quarter as in all of fiscal 2025, attributing this to "fiscal discipline and structural changes" over the past 18 months resulting in more than $100 million in run rate savings. Conrad also announced rising new customer growth for the Era 100 product following a price reduction, stating, “Q1 marked the third consecutive quarter of accelerating new customer growth among households that start with Era 100, up more than 40% year-over-year.” CFO Saori Casey said, “In Q1, we generated revenue of $546 million, above the midpoint of our guidance range... GAAP gross profit dollars grew 5%.” Casey cited a nearly 300 basis points year-over-year improvement in gross margin, driven by lower costs, FX, and favorable one-time items, partially offset by unfavorable product mix. She also reported adjusted EBITDA of $132 million and non-GAAP earnings per share of $0.93, up from $0.68 last year. Outlook Sonos expects Q2 revenue between $250 million and $280 million, "down 4% to up 8% year-over-year and up 2% at the midpoint." Management clarified, “this does no...
Indonesia will press on with reforms of its capital markets and go after market manipulators with the full force of the law well ahead of a May deadline set by leading index MSCI, the country’s top economic minister, Airlangga Hartarto, has vowed. massive sell-off last Wednesday prompted the government to act, as investors exited after MSCI said it would stop making adjustments to Indonesian stock...
Indonesia will press on with reforms of its capital markets and go after market manipulators with the full force of the law well ahead of a May deadline set by leading index MSCI, the country’s top economic minister, Airlangga Hartarto, has vowed. massive sell-off last Wednesday prompted the government to act, as investors exited after MSCI said it would stop making adjustments to Indonesian stocks, citing a lack of transparency in shareholding structures and concerns over coordinated trading actions. It warned it would reclassify Indonesia from an emerging to frontier market status by May if it did not see improvements. Advertisement In an interview on Tuesday, Airlangga, the coordinating minister for economic affairs, told This Week in Asia: “The government has an earlier deadline than what MSCI is asking. The government is not acting merely because of MSCI. “The government is acting because it is already mandated by the law, but it hasn’t been implemented … This is not only about the capital market. Market integrity is the proxy of the whole economy, that’s why the government made swift action.” Advertisement
Netflix film revisits evidence that led to Letby’s conviction and hears from expert who says his research was misused Shortly after Lucy Letby was sentenced to 15 whole-life terms for murdering seven infants and attempting to murder seven others between June 2015 and June 2016 – a conviction that made her Britain’s worst ever child serial killer – Cheshire police agreed to give “unparalleled and e...
Netflix film revisits evidence that led to Letby’s conviction and hears from expert who says his research was misused Shortly after Lucy Letby was sentenced to 15 whole-life terms for murdering seven infants and attempting to murder seven others between June 2015 and June 2016 – a conviction that made her Britain’s worst ever child serial killer – Cheshire police agreed to give “unparalleled and exclusive access” to the makers of a Netflix film about the case. The finished documentary, The Investigation Of Lucy Letby, which is released on Wednesday, must be very different from what the producers envisaged when they first began work on the project, given the subsequent unexpected turns in the story. Since the two trials, the prosecution evidence and police handling of the case have faced criticism from an unprecedentedly large number of distinguished British and international medical experts. Led by the Canadian neonatologist, Dr Shoo Lee – who says again in the feature-length Netflix documentary that his research was misused to convict the nurse – many of the experts are convinced Letby is innocent, the victim of a catastrophic miscarriage of justice. Continue reading...
The world is in a “democratic recession” with almost three-quarters of the global population now living under autocratic rulers – levels not seen since the 1980s, according to a new report. The system underpinning human rights was “in peril”, said Philippe Bolopion, executive director of Human Rights Watch (HRW), with a growing authoritarian wave becoming “the challenge of a generation”, he said. ...
The world is in a “democratic recession” with almost three-quarters of the global population now living under autocratic rulers – levels not seen since the 1980s, according to a new report. The system underpinning human rights was “in peril”, said Philippe Bolopion, executive director of Human Rights Watch (HRW), with a growing authoritarian wave becoming “the challenge of a generation”, he said. Speaking before the launch of the human rights watchdog’s annual country-by-country assessment, published on Wednesday, Bolopion said 2025 had been a “tipping point” for rights and freedoms in the US. In just 12 months, the Trump administration has carried out a broad assault on key pillars of American democracy and the global rules-based international order, which the US, despite inconsistencies, helped to establish. It was now working in the “opposite direction”, he said. Citing Donald Trump’s calls on Republicans this week to “nationalise” the US voting system and revelations that a member of an Emirati royal family was behind a $500m investment into the Trump family’s cryptocurrency company, Bolopion said: “Every day you see confirmation of this trend, but when you step back you see an organised, relentless, determined assault on all of the checks and balances that are meant to limit executive power in US democracy – a system designed to limit power and protect rights.” He called on democracies, including the UK, the European Union and Canada, to form a strategic alliance to preserve the rules-based international order, which is under threat from Trump, Russia and China. The HRW report catalogues attacks on the rights-based system during Trump’s second-term administration. They include undermining trust in the sanctity of elections, reducing government accountability, attacking judicial independence, defying court orders, using government powers to intimidate political opponents, the media, law firms, universities, civil society and even comedians. Recent abuses, from a...
One in six autistic pupils have not been to school at all since the start of this academic year, according to a new survey which found that mental health issues were often behind high levels of school absence. Nearly half (45%) of the parents and children who responded to the UK-wide survey by the Ambitious About Autism charity said they felt “blamed” by the government for the absences. Of those w...
One in six autistic pupils have not been to school at all since the start of this academic year, according to a new survey which found that mental health issues were often behind high levels of school absence. Nearly half (45%) of the parents and children who responded to the UK-wide survey by the Ambitious About Autism charity said they felt “blamed” by the government for the absences. Of those who missed school, 62% said it was due to mental health issues and 30% said they were too physically unwell to go to school. A fifth said their school place was not suitable. The poll of nearly 1,000 autistic young people and their families comes as the government prepares to publish long-awaited plans to overhaul the special educational needs and disabilities (Send) system in England. The government is expected to introduce measures it claims are aimed at boosting provision in mainstream schools so they are better able to meet the needs of children with Send, though it accepts some pupils will always require a specialist place. About 70% of autistic pupils are educated in mainstream schools, but absence rates are high due to anxiety, sensory overload and inadequate support. Parents are concerned that new investment will not be adequate and the environment will continue to be unsuitable for many pupils. Analysis of survey responses by Ambitious About Autism found that 16.2% of those who responded had not been in school at all since September. A third (32.8%) had missed one to five days, 11.3% missed six to 10 days, 12.2% had missed between 11 and 20 days and 7.4% had missed between 20 and 40 days. Jolanta Lasota, the chief executive of Ambitious About Autism, said: “We cannot allow another generation of young people to miss out on opportunities to learn, thrive and achieve. We must ensure mainstream schools have the knowledge and confidence to support autistic pupils and these young people remain able to access specialist support when they need it.” The most recent national ...
Women working in tech and financial services are at greater risk of losing their jobs to increased use of AI and automation than their male peers, according to a report that found experienced females were also being sidelined as a result of “rigid hiring processes”. “Mid-career” women – with at least five years’ experience – are being overlooked for digital roles in the tech and financial and prof...
Women working in tech and financial services are at greater risk of losing their jobs to increased use of AI and automation than their male peers, according to a report that found experienced females were also being sidelined as a result of “rigid hiring processes”. “Mid-career” women – with at least five years’ experience – are being overlooked for digital roles in the tech and financial and professional services sectors, where they are traditionally underrepresented, according to the report by the City of London Corporation. The governing body that runs the capital’s Square Mile found female applicants were discriminated against by rigid, and sometimes automated, screening of their CVs, which did not take into account career gaps related to caring for children or relatives, or only narrowly considered their professional experience. To reverse the trend, the corporation is calling on employers to focus on re-skilling female workers not currently in technical roles, particularly those in clerical positions most at risk of being displaced by automation. It is estimated that about 119,000 clerical roles in tech and the financial and professional service sectors, predominantly carried out by women, will be displaced by automation over the next decade. Reskilling those affected by these job losses could save companies from making redundancy payments totalling as much as £757m, the report found. Upskilling staff would allow employers to focus on candidates’ potential rather than their past technical experience, the report found. It is estimated that up to 60,000 women in tech leave their roles each year for reasons including lack of advancement, lack of recognition and inadequate pay. Dame Susan Langley, the mayor of City of London, said: “By investing in people and supporting the development of digital skills within the workforce, employers can unlock enormous potential and build stronger, more resilient teams. Focusing on talent, adaptability and opportunity will ensur...
The cost of the government’s drug pricing deal with the Trump administration will come out of the NHS budget instead of the Treasury’s and could eventually reach £9bn a year, campaigners fear. Patrick Vallance, the science minister, has confirmed that the costs – initially an extra £1bn over three years– will be borne by the Department of Health and Social Care, which funds the NHS in England, and...
The cost of the government’s drug pricing deal with the Trump administration will come out of the NHS budget instead of the Treasury’s and could eventually reach £9bn a year, campaigners fear. Patrick Vallance, the science minister, has confirmed that the costs – initially an extra £1bn over three years– will be borne by the Department of Health and Social Care, which funds the NHS in England, and not the Treasury. His admission, in a letter to the Commons science, innovation and technology committee, is the first time the government has specified which Whitehall department would foot the bill. It comes amid growing concern among Labour, Liberal Democrat, Green and Scottish National party MPs that ministers have been evasive about the costs involved and risk that the NHS may have to cut services in order to pay the 25% higher prices for new drugs that ministers agreed to. The £1bn is the estimated extra cost for the first three years of the 10-year deal the government announced on 1 December. The extra spending needed by 2035, when the deal ends, could be as much as £9bn each year, campaigners have said. The Lib Dems have criticised the agreement as a Trump shakedown of the NHS and “just a desperate ploy to placate Trump” by the prime minister, Keir Starmer. The deal applies only to newly developed medicines and not to established generic drugs, which make up most of the NHS’s £20bn annual spending on pharmaceuticals. In his letter to the committee, Vallance said the DHSC, NHS England and the National Institute for Care and Health Excellence had undertaken a joint analysis of the deal’s costs. “Overall, the combined analysis is that the deal commitments will cost about £1bn in England over the remaining three years of the spending review.” That period is until the end of March 2029. Vallance sought to calm fears about the NHS’s budget being used to pay for more expensive drugs by stressing that “this deal will be funded by allocations made to DHSC at the spending re...
A new post of prime minister’s criminal justice adviser and the widespread use of remote hearings are among the recommendations of a government-commissioned independent review on tackling the courts’ backlog in England and Wales. The second part of Sir Brian Leveson’s review – unlike the first part, which recommended slashing jury trials – focuses on efficiencies that can be achieved without legis...
A new post of prime minister’s criminal justice adviser and the widespread use of remote hearings are among the recommendations of a government-commissioned independent review on tackling the courts’ backlog in England and Wales. The second part of Sir Brian Leveson’s review – unlike the first part, which recommended slashing jury trials – focuses on efficiencies that can be achieved without legislation. The report, published on Wednesday, contains more than 130 recommendations designed to speed up justice for victims. “I have never seen pressure on the courts at such an unacceptable level – the system stands on the brink of collapse,” said Leveson. “Victims, witnesses and defendants are waiting months, sometimes years, for cases to come to trial – unable to move on with their lives. “System-wide inefficiency is undermining the ability of the criminal courts to function, exacerbating the strain caused by the demanding caseload.” The prime minister’s criminal justice adviser would be a civil servant sitting at the heart of government tasked with overseeing work across the different elements of the system – courts, prisons, prosecutors and police. Leveson said first hearings in the magistrates court and preliminary hearings in crown court should be remote, except for a bench trial when the judge sits alone. He recommends that trials should continue to be in person but attendance for professional witnesses such as police officers should be remote by default. Defendants in jail on remand should be allowed to attend sentencing hearings remotely, except when victim impact statements are to be delivered, the report says. At a press briefing on Tuesday, Leveson defended his previously published recommendation to limit jury trials, saying: “If not this, then what?” He defended his recommendation that judges should sit with two lay people (magistrates) in new “swift courts” but declined to criticise the government for removing the lay element in its proposal so that judges wi...
In this article CRM NOW NVDA AAPL META MSFT .IXIC .DJI .SPX .HSI .AXJO .N225 Follow your favorite stocks CREATE FREE ACCOUNT Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images Asia-Pacific markets looked set to fall Wednesday, tracking Wall Street losses after a sell-off in U.S. technology stocks weighed on sentimen...
In this article CRM NOW NVDA AAPL META MSFT .IXIC .DJI .SPX .HSI .AXJO .N225 Follow your favorite stocks CREATE FREE ACCOUNT Low angle view of tall buildings in Tokyo, Japan, showcasing diverse architectural styles George Pachantouris | Moment | Getty Images Asia-Pacific markets looked set to fall Wednesday, tracking Wall Street losses after a sell-off in U.S. technology stocks weighed on sentiment. Japan's Nikkei 225 futures pointed to a weaker open, with the contract in Chicago and Osaka at 54,005 compared with the previous close of 54,720.66. Hong Kong Hang Seng index futures were at 26,590, lower than the benchmark's last close of 26,834.77. Australia's S&P/ASX 200 declined 0.22% in early trade. Overnight in the U.S., the S&P 500 pulled back as investors dumped technology stocks and moved into shares more broadly linked to improvements in the economy. The broad market index fell 0.84% and closed at 6,917.81. The Dow Jones Industrial Average dipped 166.67 points, or 0.34%, to end at 49,240.99. Earlier, the 30-stock index rose as much as 0.5% to touch 49,653.13, a new record. The Nasdaq Composite shed 1.43%, settling at 23,255.19. Most tech shares were in the red, including most of the "Magnificent Seven" names that have reported earnings so far — Microsoft and Meta Platforms were both down more than 2%, while Apple was marginally lower. Nvidia also slumped, with the artificial intelligence bellwether's nearly 3% drop adding to its losses for the year. Meanwhile, software stocks continued their 2026 tumble, with shares of ServiceNow and Salesforce falling by nearly 7% each. — CNBC's Sean Conlon and Pia Singh contributed to this report.
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AMD CEO Expects Server CPU Supply Ramp To Help Boost Revenue ‘We have increased our supply capacity capability for server CPUs, and that’s one of the reasons we’re able to increase our [first-quarter] guide as it relates to the server business. And we see the ability to continue to grow that throughout the year,” AMD CEO Lisa Su says. AMD CEO Lisa Su said Tuesday that the company expects more reve...
AMD CEO Expects Server CPU Supply Ramp To Help Boost Revenue ‘We have increased our supply capacity capability for server CPUs, and that’s one of the reasons we’re able to increase our [first-quarter] guide as it relates to the server business. And we see the ability to continue to grow that throughout the year,” AMD CEO Lisa Su says. AMD CEO Lisa Su said Tuesday that the company expects more revenue in the first quarter in part because it was able to boost server CPU production capacity in the face of strong demand from the ongoing AI data center buildout. Su made the comments during AMD’s fourth-quarter earnings call, where the company reported that revenue for the period grew 34 percent year over year and 11 percent sequentially to $10.3 billion, beating Wall Street’s expectations. This was mainly driven by record data center revenue, propped up by strong demand for its EPYC CPUs and the ongoing ramp of Instinct GPUs, as well as record client revenue from its Ryzen CPUs. [Related: How Intel Got Caught Off Guard By A CPU Shortage Again] The Santa Clara, Calif.-based company expected a first-quarter revenue of roughly $9.8 billion, plus or minus $300 million. While this would represent a roughly 5 percent sequential decline, it would mark a 32 percent increase year over year. The guidance came in slightly higher than Wall Street’s expectations, and Su said one of the drivers was the ability to boost server CPU production capacity with supply chain partners. “We have increased our supply capacity capability for server CPUs, and that’s one of the reasons we’re able to increase our [first-quarter] guide as it relates to the server business,” she said. “And we see the ability to continue to grow that throughout the year. There’s no question that the demand continues to be strong, and so we’re working with our supply chain partners to increase supply as well.” This came in contrast to the situation outlined nearly two weeks ago by Intel. That’s when the rival said that ...