England will play their first minutes of Six Nations rugby without Maro Itoje on the pitch for almost seven years on Saturday after the captain was named on the bench for their opening game of the campaign against Wales. Itoje missed the start of England's preparations for the tournament in Girona to attend his mother Florence's funeral in Nigeria. "It's been difficult, to be honest," the 2025 Bri...
England will play their first minutes of Six Nations rugby without Maro Itoje on the pitch for almost seven years on Saturday after the captain was named on the bench for their opening game of the campaign against Wales. Itoje missed the start of England's preparations for the tournament in Girona to attend his mother Florence's funeral in Nigeria. "It's been difficult, to be honest," the 2025 British and Irish Lions captain told the Sunday Times, external of his grief. "It's been challenging on both the professional and personal front. It's just the paradox of life." Itoje has been an ever-present for England in the Six Nations since the start of the 2020 tournament, playing all 80 minutes in 30 successive matches. The 31-year-old was however on the bench for England's autumn win over Fiji. Hooker Jamie George - Itoje's Saracens team-mate and predecessor as England captain - will lead the side from the start, with Itoje to take on the role when he comes off the bench. Alex Coles partners Lions lock Ollie Chessum in the second row. "We all feel for Maro and his family after the very sad loss of his mum," coach Steve Borthwick told Rugby Union Weekly. "We made the decision for this game that it's best for him to start from the bench. "I think he is going to have a massive impact. I also know the crowd, when Maro comes to the touchline, will show their appreciation and how much they care for him and his family with a big roar." George, whose mother during England's 2024 Six Nations campaign, had promised England's squad will rally around Itoje on his return to the set-up.
PhonlamaiPhoto/iStock via Getty Images Morgan Stanley expects Applied Materials ( AMAT ) to surpass the consensus estimate in its first quarter fiscal 2026 earnings results, prompting the financial firm to increase its price target to $364 from $273. The bank also retained its Overweight rating on the stock. "Relative to three months ago, when AMAT commented that it expected 'slow growth until our...
PhonlamaiPhoto/iStock via Getty Images Morgan Stanley expects Applied Materials ( AMAT ) to surpass the consensus estimate in its first quarter fiscal 2026 earnings results, prompting the financial firm to increase its price target to $364 from $273. The bank also retained its Overweight rating on the stock. "Relative to three months ago, when AMAT commented that it expected 'slow growth until our OctQ and JanQ,' the demand environment has improved meaningfully, with supply-chain checks pointing to increased near-term strength," said Morgan Stanley analysts, led by Shane Brett, in a Monday investor note. "We expect the company to guide closer to MSe than Street ($7.2–7.3bn / +3–4% q/q vs. Street at ~$7.0bn / +2% q/q), which would represent the first 2%+ guidance beat since JanQ24." Applied Materials plans to release its Q1 results and guidance post-market on Thursday, Feb. 12. A consensus estimate calls for revenue of $6.88B. It expects adjusted earnings per share of $2.21 and GAAP EPS of $2.16. "While AMAT does not always provide a WFE outlook at JanQ earnings, if pressed, we believe management would guide to low-to-mid-teens growth, with upside risk dependent on customer clean-room availability," Brett added. Morgan Stanley noted that Applied Materials needs to demonstrate it is not "undergrowing" in the wafer fabrication equipment market. "We're OW as we don't think AMAT will materially undergrow WFE anymore as ICAPS ceases to be a significant drag and China DRAM comps ease, but the stock is still priced for underperformance vs. WFE," Brett said. "Our model implies performance in line with WFE (AMAT 17%/19% vs. WFE 16%/19%), assuming ICAPS grows ~2% over 2025–27 while the remainder of the portfolio grows ~54%. To sustainably outgrow WFE, either ICAPS growth would need to reaccelerate or AMAT's leading-edge logic and DRAM businesses would need to materially outperform—outcomes we see as possible but are not yet prepared to underwrite." More on Applied Materials Ap...
Investment management company First Pacific Advisors recently released its fourth-quarter 2025 investor letter for “The FPA Crescent Fund”. A copy of the letter can be downloaded here. The company primarily avoids speculative sectors of the market and adopts a "value-aware" perspective with an emphasis on long-term investments. In Q4, the Fund returned 3.09%, bringing the yearly returns to 17.65%....
Investment management company First Pacific Advisors recently released its fourth-quarter 2025 investor letter for “The FPA Crescent Fund”. A copy of the letter can be downloaded here. The company primarily avoids speculative sectors of the market and adopts a "value-aware" perspective with an emphasis on long-term investments. In Q4, the Fund returned 3.09%, bringing the yearly returns to 17.65%. The twelve-month return was 79.0% of the global market, MSCI AWCI, exceeding the average net risk exposure of 64.9%. In addition, you can check the Fund's top five holdings to see its best picks for 2025. In its fourth-quarter 2025 investor letter, The FPA Crescent Fund highlighted stocks like Microsoft Corporation (NASDAQ:MSFT). Microsoft Corporation (NASDAQ:MSFT) is a multinational software company that develops and supports software, services, devices, and solutions. The one-month return of Microsoft Corporation (NASDAQ:MSFT) was -9.00%, and its shares gained 4.71% of their value over the last 52 weeks. On January 30, 2026, Microsoft Corporation (NASDAQ:MSFT) stock closed at $430.29 per share, with a market capitalization of $3.195 trillion. The FPA Crescent Fund stated the following regarding Microsoft Corporation (NASDAQ:MSFT) in its fourth quarter 2025 investor letter:
(RTTNews) - CorMedix Therapeutics (CRMD) said Monday that its Board has approved a share repurchase program of up to $75 million through December 31, 2027. "With a strong balance sheet, solid operating performance, and expected ongoing cash flow generation, we believe we are well positioned to execute this share repurchase program while continuing to advance our growth strategy," said Joseph Todis...
(RTTNews) - CorMedix Therapeutics (CRMD) said Monday that its Board has approved a share repurchase program of up to $75 million through December 31, 2027. "With a strong balance sheet, solid operating performance, and expected ongoing cash flow generation, we believe we are well positioned to execute this share repurchase program while continuing to advance our growth strategy," said Joseph Todisco, Chairman & CEO of CorMedix Therapeutics. The company expects to begin repurchasing shares as early as the first quarter of 2026. As of December 31, 2025, CorMedix had approximately $150 million in cash and cash equivalents and 79.3 million shares outstanding. CorMedix shares were up more than 2% in pre-market trading after closing at $7.76, up 3.24% on Friday. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Investment management company First Pacific Advisors recently released its fourth-quarter 2025 investor letter for “The FPA Crescent Fund”. A copy of the letter can be downloaded here. The company primarily avoids speculative sectors of the market and adopts a "value-aware" perspective with an emphasis on long-term investments. In Q4, the Fund returned 3.09%, bringing the yearly returns to 17.65%....
Investment management company First Pacific Advisors recently released its fourth-quarter 2025 investor letter for “The FPA Crescent Fund”. A copy of the letter can be downloaded here. The company primarily avoids speculative sectors of the market and adopts a "value-aware" perspective with an emphasis on long-term investments. In Q4, the Fund returned 3.09%, bringing the yearly returns to 17.65%. The twelve-month return was 79.0% of the global market, MSCI AWCI, exceeding the average net risk exposure of 64.9%. In addition, you can check the Fund's top five holdings to see its best picks for 2025. In its fourth-quarter 2025 investor letter, The FPA Crescent Fund highlighted stocks like Microsoft Corporation (NASDAQ:MSFT). Microsoft Corporation (NASDAQ:MSFT) is a multinational software company that develops and supports software, services, devices, and solutions. The one-month return of Microsoft Corporation (NASDAQ:MSFT) was -9.00%, and its shares gained 4.71% of their value over the last 52 weeks. On January 30, 2026, Microsoft Corporation (NASDAQ:MSFT) stock closed at $430.29 per share, with a market capitalization of $3.195 trillion. The FPA Crescent Fund stated the following regarding Microsoft Corporation (NASDAQ:MSFT) in its fourth quarter 2025 investor letter:
Nvidia's market projection indicates years of massive growth ahead. Artificial intelligence (AI) investing is still the best place to be if you're looking to maximize returns on your investment. While the jury is still out on whether generative AI will provide adequate returns on the massive amount of money being invested in the technology, there are several companies benefiting from the massive a...
Nvidia's market projection indicates years of massive growth ahead. Artificial intelligence (AI) investing is still the best place to be if you're looking to maximize returns on your investment. While the jury is still out on whether generative AI will provide adequate returns on the massive amount of money being invested in the technology, there are several companies benefiting from the massive artificial intelligence spending spree right now. The most popular example is Nvidia (NVDA 0.72%), and I still think it's the best AI investment available on the market. The company is pursuing an estimated $3 trillion market opportunity by 2030, and with its dominance, the stock likely is just getting started. Nvidia is at the heart of AI Nvidia makes graphics processing units (GPUs), the most popular computing units to deploy with AI workloads. Nvidia continuously innovates and is launching a new chip architecture that provides huge improvements over last year's model. Compared to Blackwell GPUs, next-gen Rubin GPUs require a fourth of the number to train an AI model, and a tenth of the number to provide inference. That's a huge advantage and will drive many to upgrade to the latest and greatest model from Nvidia. Nvidia is on a one-year product development cycle, so investors will also learn about its next-generation architecture sometime later this year. With each improved GPU launch will come greater capabilities and a bigger price tag. But if a client has to pay only double the cost to receive four to 10 times the performance, that's a win for everyone involved. Expand NASDAQ : NVDA Nvidia Today's Change ( -0.72 %) $ -1.39 Current Price $ 191.12 Key Data Points Market Cap $4.6T Day's Range $ 189.47 - $ 194.49 52wk Range $ 86.62 - $ 212.19 Volume 121K Avg Vol 182M Gross Margin 70.05 % Dividend Yield 0.02 % While a ton of GPUs have been deployed already, this is just scratching the surface of what's necessary to run an AI-first business and consumer world. This will requ...
Key Points Nvidia continues to launch new GPUs year after year. The stock barely trades at a premium to the S&P 500. 10 stocks we like better than Nvidia › Artificial intelligence (AI) investing is still the best place to be if you're looking to maximize returns on your investment. While the jury is still out on whether generative AI will provide adequate returns on the massive amount of money bei...
Key Points Nvidia continues to launch new GPUs year after year. The stock barely trades at a premium to the S&P 500. 10 stocks we like better than Nvidia › Artificial intelligence (AI) investing is still the best place to be if you're looking to maximize returns on your investment. While the jury is still out on whether generative AI will provide adequate returns on the massive amount of money being invested in the technology, there are several companies benefiting from the massive artificial intelligence spending spree right now. The most popular example is Nvidia (NASDAQ: NVDA), and I still think it's the best AI investment available on the market. The company is pursuing an estimated $3 trillion market opportunity by 2030, and with its dominance, the stock likely is just getting started. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Nvidia is at the heart of AI Nvidia makes graphics processing units (GPUs), the most popular computing units to deploy with AI workloads. Nvidia continuously innovates and is launching a new chip architecture that provides huge improvements over last year's model. Compared to Blackwell GPUs, next-gen Rubin GPUs require a fourth of the number to train an AI model, and a tenth of the number to provide inference. That's a huge advantage and will drive many to upgrade to the latest and greatest model from Nvidia. Nvidia is on a one-year product development cycle, so investors will also learn about its next-generation architecture sometime later this year. With each improved GPU launch will come greater capabilities and a bigger price tag. But if a client has to pay only double the cost to receive four to 10 times the performance, that's a win for everyone involved. While a ton of GPUs have been deployed already, this is just scratching the surface of what's necessary to run an AI-first business and consumer world. This will require many more data cent...
mohd izzuan Despite reporting mixed fiscal 2026 Q1 financial results, Twist Bioscience ( TWST ) is up ~7% in premarket trading Monday after boosting its revenue guidance for the year. The DNA-based life sciences tools company now sees FY26 revenue of $435M-$445M, up from $425M-$435M prior. Consensus is $431.67M. The company also projects FY26 Q2 revenue of $107M-$108M. Consensus is $104.36M. In Q1...
mohd izzuan Despite reporting mixed fiscal 2026 Q1 financial results, Twist Bioscience ( TWST ) is up ~7% in premarket trading Monday after boosting its revenue guidance for the year. The DNA-based life sciences tools company now sees FY26 revenue of $435M-$445M, up from $425M-$435M prior. Consensus is $431.67M. The company also projects FY26 Q2 revenue of $107M-$108M. Consensus is $104.36M. In Q1, Twist beat on the bottom line but missed on the top line. The quarterly non-GAAP EPS loss of -$0.50 improved from -$0.53 in the year-ago period. Twist ended 2025 with $198M in cash, cash equivalents, and short-term investments, compared to $232.4M on Sept. 30, 2025. More on Twist Bioscience 44th Annual J.P. Morgan Healthcare Conference Twist Bioscience Corporation (TWST) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript Twist Bioscience Is Bent, Not Broken: Near-Term Strain, Long-Term Strength Twist Bioscience GAAP EPS of -$0.50 misses by $0.07, revenue of $103.7M beats by $1.66M Twist Bioscience Q1 2026 Earnings Preview
AMD's stock price is up more than 104% over the past 12 months. Shares of Advanced Micro Devices (AMD 6.13%) continue a rally that began in 2025. As of Feb. 2, the stock is up 10.5% just in 2026 and 104% over the past year. The company reports earnings on Feb. 3. Should investors buy in now? Let's have a look at what's going on with AMD. Expand NASDAQ : AMD Advanced Micro Devices Today's Change ( ...
AMD's stock price is up more than 104% over the past 12 months. Shares of Advanced Micro Devices (AMD 6.13%) continue a rally that began in 2025. As of Feb. 2, the stock is up 10.5% just in 2026 and 104% over the past year. The company reports earnings on Feb. 3. Should investors buy in now? Let's have a look at what's going on with AMD. Expand NASDAQ : AMD Advanced Micro Devices Today's Change ( -6.13 %) $ -15.45 Current Price $ 236.73 Key Data Points Market Cap $385B Day's Range $ 234.55 - $ 245.24 52wk Range $ 76.48 - $ 267.08 Volume 793K Avg Vol 39M Gross Margin 44.33 % AMD is reporting substantial year-over-year growth AMD is a leading semiconductor business with significant exposure in data centers, custom chips, and personal computers. Under the leadership of CEO Lisa Su (she took over leadership in late 2014), AMD's market cap has grown from a $3 billion mid-cap to a $400 billion AI leader. AMD's revenue has also ballooned substantially. As of the company's last quarterly earnings report, revenue reached $9.2 billion, a 36% increase from the previous year. Other metrics are also improving. Last quarter also showed that gross profit was up 40%, and net income and earnings per share were up 61% and 60%, respectively. There are rumors of production delays associated with AMD's next-generation MI-450 AI accelerators, but AMD has not formally announced anything as of this writing. A delay could affect the stock in the near term, but the longer-term prospects still look promising. Analysts generally expect AMD to beat expectations in its upcoming earnings report. I'm bullish on AMD long-term Overall, AMD isn't going to catch industry leader Nvidia anytime soon, but the market both operate in is huge, and AMD is an extraordinarily strong company with excellent leadership. If you're an investor looking to capitalize on the AI chip race, AMD is a terrific choice regardless of whether you buy before or after it reports earnings on Tuesday, as long as you invest with a...
peterschreiber.media/iStock via Getty Images Strategy ( MSTR ) on Monday said it acquired bitcoins worth $75.3M during the week from January 26 to February 1. The Tysons Corner-based bitcoin treasury company bought 855 tokens for an average price of $87,974, compared to 2,932 acquired at an average price of $90,061 in the week before. Shares were -7.55% pre-market to $138.40. Last week's purchases...
peterschreiber.media/iStock via Getty Images Strategy ( MSTR ) on Monday said it acquired bitcoins worth $75.3M during the week from January 26 to February 1. The Tysons Corner-based bitcoin treasury company bought 855 tokens for an average price of $87,974, compared to 2,932 acquired at an average price of $90,061 in the week before. Shares were -7.55% pre-market to $138.40. Last week's purchases bring the aggregate BTC holdings of the company to 713,502, acquired for an aggregate price of $54.26B and an average price of $76,052. Strategy made the acquisitions last week using net proceeds from the sale of its class A common stock. The company sold 673,527 bitcoins for $106.1M. More on Strategy Strategy: Bitcoin As A Treasury Model Faces Stress Test Strategy Looks Interesting With An mNAV To Bitcoin Of 1.05 Buy Strategy And You Get Bitcoin, Plus A Free AI Business Strategy buys $264M of bitcoin in past week, sells 1.57M shares of common stock
VIDOK Morgan Stanley's periodic survey of consumers indicated that Walmart+ membership accelerated to 28.4M in January, which is the highest level recorded in the survey's history. On a three-month rolling basis, Walmart+ membership growth came in at ~12% year-over-year, as compared to ~10% in November 2025. "We believe these results align with management's commentary regarding continued double-di...
VIDOK Morgan Stanley's periodic survey of consumers indicated that Walmart+ membership accelerated to 28.4M in January, which is the highest level recorded in the survey's history. On a three-month rolling basis, Walmart+ membership growth came in at ~12% year-over-year, as compared to ~10% in November 2025. "We believe these results align with management's commentary regarding continued double-digit growth in Walmart+ membership fee income," highlighted analyst Simeon Gutman. Walmart+ is Walmart's ( WMT ) paid membership program that was launched in 2020 as a direct response to the runaway success of Amazon Prime ( AMZN ). The service includes free shipping, local delivery, fuel discounts, and select streaming and partner perks for a flat monthly or annual fee. Walmart+ is priced at $98 per year or $12.95 per month, versus Amazon Prime at about $139 per year or $14.99 per month. Walmart+ is expected to boost the e-commerce flywheel for Walmart ( WMT ) and help the retail giant leverage its leadership position in grocery to increase purchase frequency and customer retention. Gutman noted that Walmart+ also helps the company capture a larger portion of wallet share from affluent consumers who tend to purchase more general merchandise items while developing a stable, recurring income stream. Looking ahead, Walmart+ is expected to help Walmart ( WMT ) be positioned as a frontrunner in the development of agentic commerce. More on Walmart Walmart: Alphabet Partnership Drives Stock To Record Valuation Premium Walmart Inc. (WMT) Presents at ICR Conference 2026 Transcript Walmart Is Overvalued - I've Just Sold My Shares (Rating Downgrade) Walmart expands health care push with increased pay for pharmacy techs Walmart tops the list of stocks hedge funds hate to short
AMD's stock price is up more than 104% over the past 12 months. Shares of Advanced Micro Devices (AMD 6.09%) continue a rally that began in 2025. As of Feb. 2, the stock is up 10.5% just in 2026 and 104% over the past year. The company reports earnings on Feb. 3. Should investors buy in now? Let's have a look at what's going on with AMD. Expand NASDAQ : AMD Advanced Micro Devices Today's Change ( ...
AMD's stock price is up more than 104% over the past 12 months. Shares of Advanced Micro Devices (AMD 6.09%) continue a rally that began in 2025. As of Feb. 2, the stock is up 10.5% just in 2026 and 104% over the past year. The company reports earnings on Feb. 3. Should investors buy in now? Let's have a look at what's going on with AMD. Expand NASDAQ : AMD Advanced Micro Devices Today's Change ( -6.09 %) $ -15.36 Current Price $ 236.82 Key Data Points Market Cap $385B Day's Range $ 234.55 - $ 245.21 52wk Range $ 76.48 - $ 267.08 Volume 25K Avg Vol 39M Gross Margin 44.33 % AMD is reporting substantial year-over-year growth AMD is a leading semiconductor business with significant exposure in data centers, custom chips, and personal computers. Under the leadership of CEO Lisa Su (she took over leadership in late 2014), AMD's market cap has grown from a $3 billion mid-cap to a $400 billion AI leader. AMD's revenue has also ballooned substantially. As of the company's last quarterly earnings report, revenue reached $9.2 billion, a 36% increase from the previous year. Other metrics are also improving. Last quarter also showed that gross profit was up 40%, and net income and earnings per share were up 61% and 60%, respectively. There are rumors of production delays associated with AMD's next-generation MI-450 AI accelerators, but AMD has not formally announced anything as of this writing. A delay could affect the stock in the near term, but the longer-term prospects still look promising. Analysts generally expect AMD to beat expectations in its upcoming earnings report. I'm bullish on AMD long-term Overall, AMD isn't going to catch industry leader Nvidia anytime soon, but the market both operate in is huge, and AMD is an extraordinarily strong company with excellent leadership. If you're an investor looking to capitalize on the AI chip race, AMD is a terrific choice regardless of whether you buy before or after it reports earnings on Tuesday, as long as you invest with a ...
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal! AI is eating the world—and the machines behind it are ravenous. Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink. Wall Street is p...
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal! AI is eating the world—and the machines behind it are ravenous. Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink. Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking: Where will all of that energy come from? AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse. Even Sam Altman, the founder of OpenAI, issued a stark warning: “The future of AI depends on an energy breakthrough.” Elon Musk was even more blunt: “AI will run out of electricity by next year.” As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity. And that’s where the real opportunity lies… One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike. As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity. The “Toll Booth” Operator of the AI Energy Boom It owns critical nuclear energy infrastructure assets , positioning it at the heart of America’s next-generation power strategy. , positioning it at the heart of America’s next-generation power strategy. It’s one of the only global companies capable ...
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal! AI is eating the world—and the machines behind it are ravenous. Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink. Wall Street is p...
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal! AI is eating the world—and the machines behind it are ravenous. Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink. Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking: Where will all of that energy come from? AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse. Even Sam Altman, the founder of OpenAI, issued a stark warning: “The future of AI depends on an energy breakthrough.” Elon Musk was even more blunt: “AI will run out of electricity by next year.” As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity. And that’s where the real opportunity lies… One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike. As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity. The “Toll Booth” Operator of the AI Energy Boom It owns critical nuclear energy infrastructure assets , positioning it at the heart of America’s next-generation power strategy. , positioning it at the heart of America’s next-generation power strategy. It’s one of the only global companies capable ...
South Africa’s rand rebounded on Monday after the worst selloff since the tariff turmoil in April, and investors see the currency resuming gains that have made it one of the best performers among emerging-market peers over the past year. The rand climbed as much as 1.3% against the dollar as metals and equities clawed back losses. The factors that supported the rally — a credible central bank, a s...
South Africa’s rand rebounded on Monday after the worst selloff since the tariff turmoil in April, and investors see the currency resuming gains that have made it one of the best performers among emerging-market peers over the past year. The rand climbed as much as 1.3% against the dollar as metals and equities clawed back losses. The factors that supported the rally — a credible central bank, a stable governing coalition, favorable terms of trade and high real interest rates — remain in place, according to strategists including Deutsche Bank AG’s Christian Wietoska . “We are not changing our structural views because of a minor near-term correction,” Wietoska said, adding that he sees “nothing in the way of keeping a bullish stance.” The rand plunged 2.6% on Friday as the price of gold plummeted along with silver and platinum, raising concern that a commodities-fueled rally in South African assets may be coming to an end. But the correction provided an opportunity to buy the currency at cheaper levels, according to Hironori Sannami , a foreign-exchange trader at Mizuho Bank in London. “As the metals market stabilizes, I expect the rand to see buybacks,” Sannami said. The rand, often used as a proxy for emerging-market assets, sold off in tandem with precious metals but “the stability of rand carry trades hasn’t been shaken,” he said, referring to the strategy of borrowing in low-yielding currencies to buy high-yielding assets. Read more: Gold Slump Eases as Traders Weigh Unwinding of ‘Crowded’ Bets The rand was 0.5% stronger at 16.0721 per dollar by 3:36 p.m. in Johannesburg, bringing its gain this year to 3.1%. Government bonds have been relatively resilient to the selloff, with the yield on 2035 rand securities steady at around 8.02% after rising six basis points on Friday. There is room for further gains after a rally that had driven benchmark yields to two-decade lows last week, according to Kristof Kruger , a senior fixed-income trader at Prescient Securities. ...
Ashva Capital Management, an investment management company, released its Q4 2025 investor letter. A copy of the letter can be downloaded here. The Fund’s investment strategy focuses on acquiring interests in high-quality U.S. companies that possess strong intrinsic value, adhere to valuation discipline, seek to enhance returns, and commit to long-term investments that allow for compounding rather ...
Ashva Capital Management, an investment management company, released its Q4 2025 investor letter. A copy of the letter can be downloaded here. The Fund’s investment strategy focuses on acquiring interests in high-quality U.S. companies that possess strong intrinsic value, adhere to valuation discipline, seek to enhance returns, and commit to long-term investments that allow for compounding rather than pursuing fleeting trends. The letter quoted many of Warren Buffett's words to reinforce Ashva Capital Management’s investment philosophy. Ashva Capital returned 2.26% (net) in 2025, with a gross return of 4.91%, lagging the broad market indices, driven by the dominance of mega-cap stocks. In addition, you can check the Fund's top five holdings to see its best picks for 2025. In the fourth-quarter 2025 investor letter, Ashva Capital Management highlighted Micron Technology, Inc. (NASDAQ:MU), its largest holding. Micron Technology, Inc. (NASDAQ:MU) is a leading manufacturer of memory and storage products. On January 30, 2026, Micron Technology, Inc. (NASDAQ:MU) stock closed at $414.88 per share. Micron Technology, Inc. (NASDAQ:MU) delivered a 32.91% return in the past month, and its shares are up 361.39% over the past twelve months. Micron Technology, Inc. (NASDAQ:MU) has a market capitalization of $466.951 billion. Ashva Capital Management stated the following regarding Micron Technology, Inc. (NASDAQ:MU) in its fourth quarter 2025 investor letter: "Micron Technology, Inc. (NASDAQ:MU) is our largest position because it sits at the intersection of structural demand growth and improving industry discipline. Memory is no longer a commodity business driven solely by boom-bust PC cycles. It has become a strategic input for AI, cloud infrastructure, and data-intensive workloads, particularly through high-bandwidth memory. At the same time, the supply side of the industry has consolidated meaningfully, with fewer rational players, higher capital intensity, and better pricing d...
Image source: The Motley Fool. Monday, February 2, 2026 at 8 a.m. ET CALL PARTICIPANTS Chief Executive Officer and Co-Founder — Dr. Emily Leproust President and Chief Operating Officer — Dr. Patrick Finn Chief Financial Officer — Adam Laponis SVP, Corporate Affairs — Angela Bitting Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Revenue -- $103.7 million, up 17% year ove...
Image source: The Motley Fool. Monday, February 2, 2026 at 8 a.m. ET CALL PARTICIPANTS Chief Executive Officer and Co-Founder — Dr. Emily Leproust President and Chief Operating Officer — Dr. Patrick Finn Chief Financial Officer — Adam Laponis SVP, Corporate Affairs — Angela Bitting Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Revenue -- $103.7 million, up 17% year over year and approximately 5% sequentially. -- $103.7 million, up 17% year over year and approximately 5% sequentially. Gross Margin -- 52%, an increase of approximately four percentage points over the prior year period. -- 52%, an increase of approximately four percentage points over the prior year period. DNA Synthesis and Protein Solutions Revenue -- $51.1 million, reflecting 27% growth year over year, driven by demand from AI-enabled discovery customers. -- $51.1 million, reflecting 27% growth year over year, driven by demand from AI-enabled discovery customers. NGS Applications Revenue -- $52.6 million; excluding a single large customer, NGS grew 18% year over year. -- $52.6 million; excluding a single large customer, NGS grew 18% year over year. Americas Revenue -- $58.4 million, representing 9% year-over-year growth. -- $58.4 million, representing 9% year-over-year growth. EMEA Revenue -- $38.4 million, up 36% year over year. -- $38.4 million, up 36% year over year. APAC Revenue -- $7 million, a modest increase compared to $6.7 million in the prior period. -- $7 million, a modest increase compared to $6.7 million in the prior period. Therapeutics Segment Revenue -- $37.2 million, a 39% increase, propelled by uptake among large pharma and biotech focused on therapeutics discovery, including AI-enabled programs. -- $37.2 million, a 39% increase, propelled by uptake among large pharma and biotech focused on therapeutics discovery, including AI-enabled programs. Diagnostics Segment Revenue -- $35.3 million, stable compared to the previous year; excluding a single customer,...
Keybank National Association OH grew its position in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 15.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,101 shares of the company's stock after purchasing an additional 4,107 shares during the period. Keybank National Association OH's holdings...
Keybank National Association OH grew its position in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 15.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,101 shares of the company's stock after purchasing an additional 4,107 shares during the period. Keybank National Association OH's holdings in Palantir Technologies were worth $5,491,000 at the end of the most recent quarter. Other institutional investors have also made changes to their positions in the company. Norges Bank bought a new stake in Palantir Technologies in the second quarter worth approximately $3,307,457,000. Vanguard Group Inc. lifted its stake in shares of Palantir Technologies by 3.6% in the 2nd quarter. Vanguard Group Inc. now owns 205,717,666 shares of the company's stock valued at $28,043,432,000 after purchasing an additional 7,194,216 shares during the last quarter. State Street Corp boosted its holdings in Palantir Technologies by 6.9% in the second quarter. State Street Corp now owns 94,481,128 shares of the company's stock worth $12,879,667,000 after purchasing an additional 6,097,629 shares in the last quarter. Invesco Ltd. boosted its holdings in Palantir Technologies by 16.0% in the second quarter. Invesco Ltd. now owns 20,585,256 shares of the company's stock worth $2,806,182,000 after purchasing an additional 2,838,300 shares in the last quarter. Finally, Clear Street LLC acquired a new position in Palantir Technologies during the second quarter worth $295,508,000. 45.65% of the stock is currently owned by institutional investors and hedge funds. Get Palantir Technologies alerts: Sign Up Analyst Ratings Changes A number of analysts have weighed in on PLTR shares. Bank of America boosted their price target on Palantir Technologies from $215.00 to $255.00 and gave the stock a "buy" rating in a research report on Tuesday, November 4th. Daiwa Capital Markets raised their price object...