Eaton press release ( ETN ): Q4 Non-GAAP EPS of $3.33 beats by $0.01 . Revenue of $7.06B (+13.1% Y/Y) misses by $30M . Strong year-over-year backlog growth of 29% in Electrical sector and 16% in Aerospace segment Fourth quarter record segment margins of 24.9%, above the high end of guidance Guidance For the full year 2026, the company anticipates: Organic growth of 7-9% Segment margins of 24.6-25....
Eaton press release ( ETN ): Q4 Non-GAAP EPS of $3.33 beats by $0.01 . Revenue of $7.06B (+13.1% Y/Y) misses by $30M . Strong year-over-year backlog growth of 29% in Electrical sector and 16% in Aerospace segment Fourth quarter record segment margins of 24.9%, above the high end of guidance Guidance For the full year 2026, the company anticipates: Organic growth of 7-9% Segment margins of 24.6-25.0% Earnings per share between $11.57 and $12.07 Adjusted earnings per share between $13.00 and $13.50 vs. consensus of $13.52 For the first quarter of 2026, the company anticipates: Organic growth of 5-7% Segment margins of 22.2-22.6% Earnings per share between $2.29 and $2.49 Adjusted earnings per share between $2.65 and $2.85 vs. consensus of $3.01 More on Eaton Eaton: Powerful Growth Play But Still Expensive Eaton: Growth Is Largely Priced In Eaton Corporation plc (ETN) Presents at UBS Global Industrials and Transportation Conference Transcript Eaton Q4 2025 Earnings Preview Eaton's tax-free spinoff of mobility group unlocks value: BNP Paribas
Banks are preparing to sell $3.75 billion in debt to back Stonepeak Partners’ acquisition of a majority stake in BP Plc ’s Castrol division, taking advantage of a hot credit market to offload risk long before the deal is expected to close. Underwriters including BNP Paribas SA , Goldman Sachs Group Inc. , UBS Group AG and Wells Fargo & Co. are planning to start selling the debt to institutional in...
Banks are preparing to sell $3.75 billion in debt to back Stonepeak Partners’ acquisition of a majority stake in BP Plc ’s Castrol division, taking advantage of a hot credit market to offload risk long before the deal is expected to close. Underwriters including BNP Paribas SA , Goldman Sachs Group Inc. , UBS Group AG and Wells Fargo & Co. are planning to start selling the debt to institutional investors toward the end of the first quarter or the beginning of the second, according to people familiar with the matter. The debt package is expected to consist of leveraged loans and high yield bonds in euros and dollars, they added, asking not to be identified because the information is private. Plans haven’t been finalized and could still change, the people said. Stonepeak’s acquisition of Castrol isn’t due to close until later in 2026, but the lenders are keen to capitalize on the current opportune window, with investors eager to put cash to work in new deals despite some of the tightest pricing in years, the people added. Representatives for Stonepeak, BNP, Goldman, UBS and Wells Fargo declined to comment. BP didn’t respond to a request for comment. Timing the Market The timing of bringing a deal to market is a delicate balance. Borrowers don’t pay interest when the debt is on banks’ balance sheets before an acquisition closes. They typically start to pay when it is sold on to investors — even before the transaction is finalized. But when pricing in the market is tight — as it is now — delaying coming to market could mean borrowers end up paying more. Read more: Rush to Cut Costs Fuels Record Week for Europe’s Leveraged Loans Banks have been vying for buyout financing deals, which provide some of the most lucrative fees in investment banking. M&A bounced back last year and some bankers are predicting a record year for dealmaking in 2026. Still, even as lenders are keen to offer good terms in order to win new deals, they’re also eager to offload the risk as soon as the...
Morocco will issue new tenders to develop a liquefied natural gas terminal on its Mediterranean coast “in due course,” a top official said, signaling the kingdom’s $1 billion energy project is still on the table. The North African country, which imports much of its power needs, surprised markets on Monday by announcing an indefinite pause of the initiative that also involves new pipelines connecti...
Morocco will issue new tenders to develop a liquefied natural gas terminal on its Mediterranean coast “in due course,” a top official said, signaling the kingdom’s $1 billion energy project is still on the table. The North African country, which imports much of its power needs, surprised markets on Monday by announcing an indefinite pause of the initiative that also involves new pipelines connecting the Nador West Med port to major industrial areas. Read More: Morocco Pauses $1 Billion Plan for Mediterranean LNG Import Hub “Constant changes” affecting the global natural gas market have forced Morocco to review the project’s parameters and assumptions, Mohamed Ouhmed, a senior official at the Energy Transition and Sustainable Development Ministry, told Bloomberg. Still, fresh tenders will be announced in future, he said by phone, declining to elaborate on the turbulence he described. Global gas markets have been jumpy so far this year, with sharp price swings from the US to Europe on weather shifts, geopolitical risks and hectic moves by speculators. Benchmark futures dropped this week after a scorching rally in January, reviving concern about global volatility following relative calm in late 2025. Morocco is freezing its LNG plans just as new capacity is expected from countries ranging from the US to Mozambique and Qatar over the next few years, with the surge in supply expected to ease prices. The kingdom’s decision came just days after King Mohammed VI held a meeting about the new deepwater facility with officials that included Energy Transition and Sustainable Development Minister Leila Benali and Finance and Economy Minister Nadia Fettah Alaoui . The terminal at Nador’s new port was slated to have a design capacity of 5 billion cubic meters a year — more than four times the nation’s current annual demand of 1.2 billion. It was supposed to be followed by at least two other entry points on the Atlantic coast over the medium term, as part of a project to spend $3.5...
By Arpan Chaturvedi NEW DELHI, Feb 3 (Reuters) - India's top court on Tuesday warned it could reimpose a ban on Meta-owned WhatsApp's data sharing with other group entities, saying the messaging app's privacy policy misled users, two lawyers present in court said. WhatsApp has been locked in a dispute with India's antitrust regulator since November 2024, when it fined the company $25.4 million ...
By Arpan Chaturvedi NEW DELHI, Feb 3 (Reuters) - India's top court on Tuesday warned it could reimpose a ban on Meta-owned WhatsApp's data sharing with other group entities, saying the messaging app's privacy policy misled users, two lawyers present in court said. WhatsApp has been locked in a dispute with India's antitrust regulator since November 2024, when it fined the company $25.4 million and barred WhatsApp from sharing user data with other Meta entities for advertising purposes for five years. An appeals court later lifted the data-sharing restriction but kept the monetary penalty, prompting both sides to approach the Supreme Court. During Tuesday's hearing, India's chief justice questioned WhatsApp's privacy policy and said it was "very cleverly designed to mislead users," the two lawyers said. "Your privacy policy is designed in such a way that how can a poor elderly woman ... or (someone who) comes from a rural area understand your intentions?" Chief Justice Surya Kant said, according to the lawyers. WhatsApp declined to comment on the remarks, saying the case was sub judice. India is Meta's biggest market by user numbers. It does not disclose country-specific figures, but research firm DataReportal estimates Facebook has 403 million users in India and Instagram 481 million. WhatsApp previously said the ban might force it to roll back or pause some features in India and would hurt its business. The Supreme Court did not give a final verdict, and will continue to hear the case next week. Meta's privacy policy has also been a point of contention elsewhere. In 2023, it agreed to clarify changes to its policy in plain and intelligible language after it was accused of violating European Union law by failing to do so. The Indian antitrust authority's 2024 ruling said WhatsApp’s policy gave users the choice of either accepting the changes or risking losing access to the service and provided no opt-out feature. WhatsApp publicly says it shares with M...
MPLX press release ( MPLX ): Q4 GAAP EPS of $1.17 beats by $0.12 . Revenue of $3.25B (+6.2% Y/Y) beats by $70M . Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) attributable to MPLX was $1,804 million, compared with $1,762 million for the fourth quarter of 2024. During the quarter, MPLX generated $1,496 million in net cash provided by operating activities, $1,417 ...
MPLX press release ( MPLX ): Q4 GAAP EPS of $1.17 beats by $0.12 . Revenue of $3.25B (+6.2% Y/Y) beats by $70M . Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) attributable to MPLX was $1,804 million, compared with $1,762 million for the fourth quarter of 2024. During the quarter, MPLX generated $1,496 million in net cash provided by operating activities, $1,417 million of distributable cash flow, and adjusted free cash flow of $1,567 million. Announcing 2026 organic growth capital plan of $2.4 billion, aligned with natural gas and NGL investments driving mid-single digit adjusted EBITDA growth. MPLX's capital spending outlook for 2026 is $2.7 billion, consisting of $2.4 billion of growth and $300 million of maintenance. More on MPLX MPLX: AI Beneficiary, Rich Distributions, Compelling Valuations, And Outsized Growth Prospects MPLX: A Buy Despite Macro Headwinds And Recent Price Strength Buy MPLX For The Yield And AI Tailwinds MPLX Q4 2025 Earnings Preview MPLX downgraded at JPM as YTD outperformance leaves less relative upside
ILC Critical Minerals ( ILHMF ) announced a non-brokered private placement of up to 100M common shares at C$0.025 per share. The gross proceeds of up to C$2.5M. The proceeds will be used partly to enable the Company to invest in growing its Southern African and Canadian operations and partly for general working capital purposes. The closing of the offering is subject to acceptance by the TSXV. Mor...
ILC Critical Minerals ( ILHMF ) announced a non-brokered private placement of up to 100M common shares at C$0.025 per share. The gross proceeds of up to C$2.5M. The proceeds will be used partly to enable the Company to invest in growing its Southern African and Canadian operations and partly for general working capital purposes. The closing of the offering is subject to acceptance by the TSXV. More on ILC Critical Minerals Ltd. International Lithium announces name change to ‘ILC Critical Minerals’ Seeking Alpha’s Quant Rating on ILC Critical Minerals Ltd. Financial information for ILC Critical Minerals Ltd.
(RTTNews) - Ball Corp. (BALL), an innovative, sustainable aluminum packaging company, on Tuesday reported profit in the fourth quarter compared with loss in the previous year. For the fourth quarter, net earnings attributable to the company came in at $200 million compared with loss of 30 million in the previous year. Earnings per share were $0.74 versus loss per share of $0.10 last year. On an ad...
(RTTNews) - Ball Corp. (BALL), an innovative, sustainable aluminum packaging company, on Tuesday reported profit in the fourth quarter compared with loss in the previous year. For the fourth quarter, net earnings attributable to the company came in at $200 million compared with loss of 30 million in the previous year. Earnings per share were $0.74 versus loss per share of $0.10 last year. On an adjusted basis, net earnings decreased to $243 million from $250 million in the prior year. Adjusted earnings per share were $0.91 versus $0.84 last year. On average, fourteen analysts had expected the company to report $0.9 per share. Analysts' estimates typically exclude special items. Earnings from continuing operations came in at 197 million compared with loss of 1 million in the prior year. Net sales increased to $3.35 billion from $2.88 billon in the previous year. In the pre-market trading, Ball is 4.01% higher at $58.99 on the New York Stock Exchange. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Key Points Brookfield Infrastructure made significant progress on its AI infrastructure investment strategy last year. The company has multiple growth drivers. It will play a crucial role in supporting AI. 10 stocks we like better than Brookfield Infrastructure › The world needs to invest a staggering $7 trillion in infrastructure to support AI adoption over the coming decade. This once-in-a-gener...
Key Points Brookfield Infrastructure made significant progress on its AI infrastructure investment strategy last year. The company has multiple growth drivers. It will play a crucial role in supporting AI. 10 stocks we like better than Brookfield Infrastructure › The world needs to invest a staggering $7 trillion in infrastructure to support AI adoption over the coming decade. This once-in-a-generation investment opportunity ranges from developing AI factories (specialized AI data centers) to building out compute infrastructure (including chip manufacturing capacity) to constructing power and transmission infrastructure to support all this computing capacity. Much of the early AI hype has been about chips. That's causing investors to overlook other companies building the backbone of AI. One of the early leaders is Brookfield Infrastructure (NYSE: BIPC)(NYSE: BIP), which made significant progress on executing its AI infrastructure strategy last year. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Building an AI infrastructure leader Brookfield Infrastructure is a leading global infrastructure company with operations that span utilities, energy midstream, transportation, and data infrastructure. The company's diversified operations generate steadily growing cash flow. In 2025, Brookfield grew its funds from operations by 6%, powered by inflation-driven rate increases, volume growth across its infrastructure networks, over $1.5 billion in new capital projects, and more than $1.1 billion in acquisitions. Included in those growth capital projects was commissioning 220 megawatts (MW) of new data center capacity last year. Those new data centers helped drive a more than 50% increase in the FFO generated by the company's data infrastructure segment last year. Brookfield also closed the acquisition of a South Korean industrial gas business last year. It'...
In this article MRK Follow your favorite stocks CREATE FREE ACCOUNT Dado Ruvic | Reuters Merck on Tuesday reported fourth-quarter earnings and revenue that topped estimates on strong demand for its cancer immunotherapy Keytruda and some newer products. But the company posted a modest 2026 outlook that fell short of Wall Street's expectations as it prepares for a few drugs to lose patent protection...
In this article MRK Follow your favorite stocks CREATE FREE ACCOUNT Dado Ruvic | Reuters Merck on Tuesday reported fourth-quarter earnings and revenue that topped estimates on strong demand for its cancer immunotherapy Keytruda and some newer products. But the company posted a modest 2026 outlook that fell short of Wall Street's expectations as it prepares for a few drugs to lose patent protection later this year and face generic competition. That includes Type 2 diabetes drugs, Januvia and Janumet, and Bridion, a treatment that helps restore muscle function that was blocked during surgery. While those medicines aren't top-selling products like Keytruda, their combined lower sales will likely pressure the company. The pharmaceutical giant anticipates its 2026 revenue will come in between $65.5 billion and $67 billion. Analysts expected revenue of $67.6 billion, according to LSEG. Merck also expects adjusted earnings to come in between $5 and $5.15 per share. That compares to analysts' estimate of $5.36 per share, according to LSEG. That range includes a one-time charge of roughly $9 billion, or around $3.65 per share, related to Merck's acquisition of Cidara, a biotech company that is developing a flu prevention drug. The guidance includes "manageable impacts" from the drug pricing deal Merck struck with President Donald Trump in December, as well as his administration's recent move to pare back the pediatric vaccine schedule in the U.S., according to a company spokesperson. Under that "most favored nation" deal , Merck will voluntarily sell its existing treatments to Medicaid patients at the lowest price offered in other developed nations and guarantee that pricing for new medicine, among other efforts. In exchange, Merck will get a three-year reprieve from tariffs. Here's what Merck reported for the fourth quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: $2.04 adjusted vs. $2.01 expected Revenue: $16....
Merck press release ( MRK ): Q4 Non-GAAP EPS of $2.04 beats by $0.03 . Revenue of $16.4B (+5.0% Y/Y) beats by $190M . Full-Year 2026 Financial Outlook Anticipates Worldwide Sales To Be Between $65.5 Billion and $67.0 Billion vs. $67.58B consensus Expects Non-GAAP EPS To Be Between $5.00 and $5.15 vs $5.63 consensus; Outlook Reflects a One-Time Charge of Approximately $3.65 per Share for the Acquis...
Merck press release ( MRK ): Q4 Non-GAAP EPS of $2.04 beats by $0.03 . Revenue of $16.4B (+5.0% Y/Y) beats by $190M . Full-Year 2026 Financial Outlook Anticipates Worldwide Sales To Be Between $65.5 Billion and $67.0 Billion vs. $67.58B consensus Expects Non-GAAP EPS To Be Between $5.00 and $5.15 vs $5.63 consensus; Outlook Reflects a One-Time Charge of Approximately $3.65 per Share for the Acquisition of Cidara Shares -3% PM. More on Merck Merck Chooses Evolution Over Revolution - At Proposed Price, I'm Not Surprised 44th Annual J.P. Morgan Healthcare Conference Merck & Co., Inc. (MRK) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript FDA launches PreCheck program to assist in building pharma plants Merck Q4 2025 Earnings Preview
xAI goes on hiring spree for crypto and finance experts to train AI models. The firm seeks those familiar with crypto tools including DefiLlama, Nansen, Chainalysis. The push comes as SpaceX merges with xAI. Elon Musk’s artificial intelligence company xAi is recruiting for over a dozen crypto and traditional finance roles to train its models, the firm’s website showed on Tuesday. Among the positio...
xAI goes on hiring spree for crypto and finance experts to train AI models. The firm seeks those familiar with crypto tools including DefiLlama, Nansen, Chainalysis. The push comes as SpaceX merges with xAI. Elon Musk’s artificial intelligence company xAi is recruiting for over a dozen crypto and traditional finance roles to train its models, the firm’s website showed on Tuesday. Among the positions advertised are finance expert roles spanning crypto, equity and fixed-income, private credit, and quantitative trading. The new crypto role “will contribute directly to xAI’s mission by training and refining our advanced AI models,” the posting said. Duties include teaching AI models “how crypto quantitative traders analyze blockchain data, model tokenomics, evaluate on-chain flows, manage extreme volatility.” The job also requires using leading crypto tools, including Nansen, Chainalysis, and DefiLlama, xAI said. xAI did not immediately respond to a request for commentary on its crypto ambitions when asked by DL News. Musk and his companies have long been involved in crypto markets, too. In February 2021, the billionaire dubbed Dogecoin “the people’s crypto,” sending the token soaring by some 800%. Tesla was one of the first publicly traded US companies to add Bitcoin to its balance sheet in 2021. Musk‘s consolidation The slew of new roles comes as Musk’s rocket venture SpaceX is taking over xAI as the billionaire continues consolidating his business interests. The merger is valued at over $1 trillion, Bloomberg reported on Monday, though the terms of the deal are not public. xAI began as a unit within the social media company X, formerly Twitter, after Musk bought the firm in 2022. It has since been incorporated and is valued higher than X. Overall, xAI has drummed up $42 billion from venture investors, placing it behind only OpenAI, one of its competitors in the large language model segment. Tesla, the electric vehicle company led by Musk, also invested $2 billion int...
Key Points Netflix stock fell 11% in January 2026 as the Warner Bros. Discovery bidding war intensified. Investors seem uneasy whether Netflix wins or loses the Warner Bros. deal. Patient investors may find current prices attractive despite the near-term chaos. 10 stocks we like better than Netflix › Shares of Netflix (NASDAQ: NFLX) fell 11% in January 2026, according to data from S&P Global Marke...
Key Points Netflix stock fell 11% in January 2026 as the Warner Bros. Discovery bidding war intensified. Investors seem uneasy whether Netflix wins or loses the Warner Bros. deal. Patient investors may find current prices attractive despite the near-term chaos. 10 stocks we like better than Netflix › Shares of Netflix (NASDAQ: NFLX) fell 11% in January 2026, according to data from S&P Global Market Intelligence. The video-streaming pioneer started sliding in October 2025, as unexpected tax charges met rumor mill whispers about a potential buyout bid for Warner Bros. Discovery (NASDAQ: WBD). The negative trend continued as Netflix actually launched the rumored Warner Bros. bid in December, followed by an unsolicited rival offer. In January, the Warner Bros. drama dominated Netflix's Wall Street vibe. A solid fourth-quarter report wasn't robust enough to stop the downtrend. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Why Netflix investors can't catch a break The Warner Bros. deal is a potential game changer. Putting Warner's namesake movie studio and the top-shelf HBO channel together with Netflix's world-class distribution network would reshape Hollywood in many ways. It would also radically alter Netflix's balance sheet, as the company would need to borrow a lot of cash to finance its revised all-cash offer of $82.7 billion. The bid moved from a cash-plus-stock structure to a pure cash deal in response to Paramount Skydance (NASDAQ: PSKY) issuing a higher all-cash bid of its own. Paramount's offer is technically a hostile takeover bid, where shareholders are asked to reject the negotiated Netflix deal and then replace Warner Bros. Discovery's board of directors with a new slate that supports the Paramount deal. The drama continues, and Netflix shares keep falling, whether the needle is swinging toward a successful Netflix-Warner merger or a P...
00:00 Julie When you're talking about silver prices going up, we know memory chip prices have been going up, costs have been going up for the data center build out. So, how do you think about that in the context of your ownership of tech stocks and your strategy around tech stocks? 00:18 Christian Yeah, so investors have to be more selective about where they go in that value chain. Okay. 00:25 Chr...
00:00 Julie When you're talking about silver prices going up, we know memory chip prices have been going up, costs have been going up for the data center build out. So, how do you think about that in the context of your ownership of tech stocks and your strategy around tech stocks? 00:18 Christian Yeah, so investors have to be more selective about where they go in that value chain. Okay. 00:25 Christian Now, the thing is we just had earnings, right? So we have the CAPEX projections from say the large hyperscalers, like if you look at Microsoft, Google, Amazon, Meta, they're going to spend 460 billion in 2026. 00:36 Christian So for investors, there's all these pockets of value and you really want to focus on the inputs into the data center buildout where firms have moats and a lot of pricing power. So memory is a really interesting one. So OpenAI secured 40% of the global DRAM mark- market in October. 00:54 Christian And if you look at data centers, they use a certain type of memory. It's called high bandwidth memory, HBM. There's only three companies in the world that can produce it at scale. One is in the US, it's called Micron. The other two are in Korea, 01:07 Christian SK Hynix and Samsung. And if we look at the Kospi, last year it was up 90%. It's selling off today, but it's up 25% again this year. And what's interesting about that is they have an enormous amount of pricing power. So memory prices are going up on the order of 50 to 100% every single month because the demand is insatiable. 01:24 Christian And there's a lot of spillover effects related to that. So consumer electronics, we saw it on the Apple earnings call. There were questions around the cost of manufacturing the iPhone and concerns about their ability to secure memory. So there's all these sort of spillover effects tied to the AI narrative and this data center buildout. But if investors can find these firms that have that pricing power and they're a core input uh into the investment, uh there's...