TSSA general secretary Maryam Eslamdoust said: "As ever our brilliant Network Rail members were at the heart of the operation to get services running again and they should be praised for their hard work in doing so.
TSSA general secretary Maryam Eslamdoust said: "As ever our brilliant Network Rail members were at the heart of the operation to get services running again and they should be praised for their hard work in doing so.
Wheat is trading with losses across the three markets on Wednesday morning. The wheat complex was mixed at on Tuesday, with the hard red contracts feeling weakness. Chicago SRW futures were steady to 1 1/2 cents higher KC HRW futures were fractionally mixed across the nearbys. MPLS spring wheat was down 3 to 4 cents in the front months at the close. The NOAA 7-day forecast is calling for slight pr...
Wheat is trading with losses across the three markets on Wednesday morning. The wheat complex was mixed at on Tuesday, with the hard red contracts feeling weakness. Chicago SRW futures were steady to 1 1/2 cents higher KC HRW futures were fractionally mixed across the nearbys. MPLS spring wheat was down 3 to 4 cents in the front months at the close. The NOAA 7-day forecast is calling for slight precip totals in parts of the Plains, with heavier totals in central TX. Don’t Miss a Day: EU wheat exports have totaled 12.82 MMT according to European Commission data from July 1 to February 1, now matching last year. Mar 26 CBOT Wheat closed at $5.28 3/4, up 1 cent, currently down 3 cents May 26 CBOT Wheat closed at $5.37 3/4, up 1 1/4 cents, currently down 2 3/4 cents Mar 26 KCBT Wheat closed at $5.34 3/4, down 1/2 cent, currently down 4 1/2 cents May 26 KCBT Wheat closed at $5.46 3/4, up 1/2 cent, currently down 4 1/2 cents Mar 26 MIAX Wheat closed at $5.68 1/4, down 3 1/4 cents, currently down 3/4 cent May 26 MIAX Wheat closed at $5.82 1/2, down 3 1/2 cents, currently down 3/4 cent On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Micron Technology Inc. and two top executives beat shareholder allegations the chipmaker knowingly overstated demand prospects while its CEO planned to sell off nearly half of his shares. Investors leading the case failed to sufficiently allege Micron or leaders acted with deliberate recklessness to defraud before releasing quarterly financial guidance short of analyst expectations, Judge B. Lynn ...
Micron Technology Inc. and two top executives beat shareholder allegations the chipmaker knowingly overstated demand prospects while its CEO planned to sell off nearly half of his shares. Investors leading the case failed to sufficiently allege Micron or leaders acted with deliberate recklessness to defraud before releasing quarterly financial guidance short of analyst expectations, Judge B. Lynn Winmill said, dismissing the suit Tuesday. CEO Sanjay Mehrotra’s stock sales weren’t so unusual, given he sold less than half of his holdings and half of his sales occurred at a price after that of the alleged December 2024 stock drop, the US ...
Flex NASDAQ: FLEX reported third-quarter fiscal 2026 results that exceeded its guidance across all metrics, driven by continued strength in data center-related demand and improving momentum in industrial and health end markets. Management also raised its full-year revenue and earnings outlook at the midpoint and said it expects to exit the fiscal year with “very good momentum.” Get Flex alerts: Si...
Flex NASDAQ: FLEX reported third-quarter fiscal 2026 results that exceeded its guidance across all metrics, driven by continued strength in data center-related demand and improving momentum in industrial and health end markets. Management also raised its full-year revenue and earnings outlook at the midpoint and said it expects to exit the fiscal year with “very good momentum.” Get Flex alerts: Sign Up Quarterly results topped guidance For the quarter, Flex delivered revenue of $7.1 billion, up 8% year over year. Adjusted operating margin was 6.5%, marking another quarter above 6%, while adjusted earnings per share rose 13% to $0.87, which management described as another record for the company. On profitability, adjusted gross profit was $690 million and adjusted gross margin improved to 9.8%, up 50 basis points year over year. Adjusted operating profit was $460 million, and adjusted operating margin expanded 40 basis points to 6.5%, which Flex said was a record level, reflecting cost discipline and a shift toward higher-value products and services. Data center strategy centered on compute, cooling, and power CEO Revathi Advaithi emphasized that the company’s data center growth is being driven by expanding compute and AI workloads, and argued that the complexity of deployments favors a systems-level approach. She said Flex’s data center portfolio is organized around three “tightly connected” capabilities: computer integration, cooling, and power. During the quarter, Flex highlighted several initiatives and partnerships: Development of modular data center systems with NVIDIA , aimed at deployment speed and scale. , aimed at deployment speed and scale. A partnership with LG to advance thermal management solutions for gigawatt-scale data centers. to advance thermal management solutions for data centers. Deployment of a rack-level, vertically integrated liquid cooling solution at the Equinix co-innovation facility. solution at the co-innovation facility. Introduction of...
Looking at the universe of stocks we cover at Dividend Channel , on 9/6/24, Main Street Capital Corporation (Symbol: MAIN) will trade ex-dividend, for its monthly dividend of $0.245, payable on 9/13/24. As a percentage of MAIN's recent stock price of $49.59, this dividend works out to approximately 0.49%. In general, dividends are not always predictable; but looking at the history above can help i...
Looking at the universe of stocks we cover at Dividend Channel , on 9/6/24, Main Street Capital Corporation (Symbol: MAIN) will trade ex-dividend, for its monthly dividend of $0.245, payable on 9/13/24. As a percentage of MAIN's recent stock price of $49.59, this dividend works out to approximately 0.49%. In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MAIN is likely to continue, and whether the current estimated yield of 5.93% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MAIN shares, versus its 200 day moving average: Looking at the chart above, MAIN's low point in its 52 week range is $37.7027 per share, with $52.3898 as the 52 week high point — that compares with a last trade of $49.80. Main Street Capital Corporation is in our coverage universe of monthly dividend paying stocks. In Wednesday trading, Main Street Capital Corporation shares are currently up about 0.4% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
US stocks declined as traders assessed the damage from the artificial intelligence-driven selloff in software firms and poured over the latest earnings reports. The S&P 500 Index fell 0.0760% at 10:09 a.m. in New York. The Nasdaq 100 Index dropped 0.8% in its second day of losses as Advanced Micro Devices Inc. plunged following an underwhelming earnings report. The Cboe VIX Index hovered near 18.4...
US stocks declined as traders assessed the damage from the artificial intelligence-driven selloff in software firms and poured over the latest earnings reports. The S&P 500 Index fell 0.0760% at 10:09 a.m. in New York. The Nasdaq 100 Index dropped 0.8% in its second day of losses as Advanced Micro Devices Inc. plunged following an underwhelming earnings report. The Cboe VIX Index hovered near 18.48 . A rotation out of software stocks showed few signs of subsiding on Wednesday as investors worried about the business risks they face from better artificial-intelligence tools. The iShares Expanded Tech-Software Sector ETF dropped 2.8% on Wednesday. “AI is not being abandoned by markets,” said Charu Chanana , chief investment strategist at Saxo. But “it is being priced more carefully.” AMD shares plunged 14% after the chipmaker’s sales forecast failed to satisfy investors. It is a sign that the company is not making the AI inroads that had been anticipated by some on Wall Street. While AMD’s results were good, Quilter Cheviot’s Ben Barringer noted that the company was being “punished for not knocking it out of the park” following rumors of how well it had done last quarter. “We expect software stocks to remain under pressure in the near term; however, it is not all bad for the AI supply chain,” said XTB’s Kathleen Brooks . “Memory and chip makers will be necessary to power Anthropic’s latest tools and the others that come after it. The AI trade is not moving in unison in 2026, and idiosyncratic factors may continue to drive stocks in the short term.” “Rather than trading in unison, traders are getting picky about which companies they want exposure to,” Brooks added. Data and Earnings In company-specific news, Eli Lilly & Co. surged 7.24% after providing an upbeat sales forecast for the year. Uber Technologies Inc. slumped after the ride-hailing company’s adjusted EPS forecast fell short of estimates. And Texas Instruments Inc. has reached an agreement to buy the US chip ...
(RTTNews) - Lamb Weston Holdings, Inc. (LW) Wednesday said it has appointed Jan Craps to the newly created role of Executive Chair. The company also announced the appointment of James Gray as Chief Financial Officer. The Lamb Weston board of directors has appointed Jan Craps executive chair, effective February 6, 2026. Jan brings deep international experience to the newly created role, including m...
(RTTNews) - Lamb Weston Holdings, Inc. (LW) Wednesday said it has appointed Jan Craps to the newly created role of Executive Chair. The company also announced the appointment of James Gray as Chief Financial Officer. The Lamb Weston board of directors has appointed Jan Craps executive chair, effective February 6, 2026. Jan brings deep international experience to the newly created role, including more than 20 years with Anheuser-Busch InBev, most recently as the CEO and Co-Chair of Budweiser Brewing Company APAC, and CEO APAC for Anheuser-Busch InBev. Gray will join Lamb Weston as chief financial officer (CFO), effective April 2, 2026, succeeding Bernadette Madarieta, who will serve in an interim advisory capacity to ensure continuity across all financial functions during a transition period. Jim has spent the last 12 years with Ingredion, a leading global ingredients solutions company, where he served as executive vice president and CFO. Jim began his career at Bain & Company and held finance leadership roles with PepsiCo for more than a decade. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Amazon (AMZN) has been reshaping its corporate ranks this year, cutting tens of thousands of white-collar roles as CEO Andy Jassy pushes to trim layers and speed decision-making. Investors have watched the moves warily as the company balances efficiency drives with heavy investment in AI and data centers. Now, a Washington WARN filing signals another round of about 2,200 permanent corporate job cu...
Amazon (AMZN) has been reshaping its corporate ranks this year, cutting tens of thousands of white-collar roles as CEO Andy Jassy pushes to trim layers and speed decision-making. Investors have watched the moves warily as the company balances efficiency drives with heavy investment in AI and data centers. Now, a Washington WARN filing signals another round of about 2,200 permanent corporate job cuts across various state locations, with separations set to begin April 28, according to a recent filing with the Washington Employment Security Department. For AMZN stock, the takeaway is mixed. Cost savings could boost margins over time, but repeated rounds of cuts may raise questions about execution risk and growth trade-offs. Investors will keep a close eye on upcoming earnings and any quarterly guidance revisions for fresh direction. Amazon Is Reshaping Its Business for 2026 Aside from layoffs, Amazon has made notable moves in the past two months. In late January, it announced a pivot in its physical retail strategy, that Amazon Fresh and Go stores will be shuttered or converted into Whole Foods locations. The company will also expand same-day grocery delivery nationwide, betting on its 150 million-plus Prime customer base for more orders. This shift aims to cut losses on smaller-format stores and “prioritize investment in growth areas,” as Amazon stated. Other moves, like expanding cloud infrastructure, Trainium chips, new AWS data centers, investing in AI services, and Alexa upgrades, underscore Amazon’s long-term priorities. These initiatives have yet to significantly move the stock, but they reinforce Amazon’s narrative of reallocating resources to its strongest growth engines. In 2025, Amazon underperformed big-cap peers despite strong business fundamentals, and after hitting an all-time high in November 2025, Amazon’s shares retreated and ended the year essentially flat, a disappointing outcome when the S&P 500 ($SPX) was up roughly 17%. However, in 2026, it began...
Amazon (AMZN) has been reshaping its corporate ranks this year, cutting tens of thousands of white-collar roles as CEO Andy Jassy pushes to trim layers and speed decision-making. Investors have watched the moves warily as the company balances efficiency drives with heavy investment in AI and data centers. Now, a Washington WARN filing signals another round of about 2,200 permanent corporate job cu...
Amazon (AMZN) has been reshaping its corporate ranks this year, cutting tens of thousands of white-collar roles as CEO Andy Jassy pushes to trim layers and speed decision-making. Investors have watched the moves warily as the company balances efficiency drives with heavy investment in AI and data centers. Now, a Washington WARN filing signals another round of about 2,200 permanent corporate job cuts across various state locations, with separations set to begin April 28, according to a recent filing with the Washington Employment Security Department. For AMZN stock, the takeaway is mixed. Cost savings could boost margins over time, but repeated rounds of cuts may raise questions about execution risk and growth trade-offs. Investors will keep a close eye on upcoming earnings and any quarterly guidance revisions for fresh direction. Amazon Is Reshaping Its Business for 2026 Aside from layoffs, Amazon has made notable moves in the past two months. In late January, it announced a pivot in its physical retail strategy, that Amazon Fresh and Go stores will be shuttered or converted into Whole Foods locations. The company will also expand same-day grocery delivery nationwide, betting on its 150 million-plus Prime customer base for more orders. This shift aims to cut losses on smaller-format stores and “prioritize investment in growth areas,” as Amazon stated. Other moves, like expanding cloud infrastructure, Trainium chips, new AWS data centers, investing in AI services, and Alexa upgrades, underscore Amazon’s long-term priorities. These initiatives have yet to significantly move the stock, but they reinforce Amazon’s narrative of reallocating resources to its strongest growth engines. In 2025, Amazon underperformed big-cap peers despite strong business fundamentals, and after hitting an all-time high in November 2025, Amazon’s shares retreated and ended the year essentially flat, a disappointing outcome when the S&P 500 ($SPX) was up roughly 17%. However, in 2026, it began...
In 2025, Amazon underperformed big-cap peers despite strong business fundamentals, and after hitting an all-time high in November 2025, Amazon’s shares retreated and ended the year essentially flat, a disappointing outcome when the S&P 500 ($SPX) was up roughly 17%. However, in 2026, it began with modest gains for AMZN relative to its technical support levels. Other moves, like expanding cloud inf...
In 2025, Amazon underperformed big-cap peers despite strong business fundamentals, and after hitting an all-time high in November 2025, Amazon’s shares retreated and ended the year essentially flat, a disappointing outcome when the S&P 500 ($SPX) was up roughly 17%. However, in 2026, it began with modest gains for AMZN relative to its technical support levels. Other moves, like expanding cloud infrastructure, Trainium chips, new AWS data centers, investing in AI services, and Alexa upgrades, underscore Amazon’s long-term priorities. These initiatives have yet to significantly move the stock, but they reinforce Amazon’s narrative of reallocating resources to its strongest growth engines. Aside from layoffs, Amazon has made notable moves in the past two months. In late January, it announced a pivot in its physical retail strategy, that Amazon Fresh and Go stores will be shuttered or converted into Whole Foods locations. The company will also expand same-day grocery delivery nationwide, betting on its 150 million-plus Prime customer base for more orders. This shift aims to cut losses on smaller-format stores and “prioritize investment in growth areas,” as Amazon stated. For AMZN stock, the takeaway is mixed. Cost savings could boost margins over time, but repeated rounds of cuts may raise questions about execution risk and growth trade-offs. Investors will keep a close eye on upcoming earnings and any quarterly guidance revisions for fresh direction. Now, a Washington WARN filing signals another round of about 2,200 permanent corporate job cuts across various state locations, with separations set to begin April 28, according to a recent filing with the Washington Employment Security Department. Amazon (AMZN) has been reshaping its corporate ranks this year, cutting tens of thousands of white-collar roles as CEO Andy Jassy pushes to trim layers and speed decision-making. Investors have watched the moves warily as the company balances efficiency drives with heavy investm...
For Immediate Release Chicago, IL – February 4, 2026 – Today, Zacks Investment Ideas feature highlights Alphabet GOOGL, Amazon AMZN, Nvidia NVDA and Meta Platforms META. GOOGL vs AMZN: Which Stock Is Better Ahead of Q4 Earnings Results? Markets will receive more quarterly results from the Mag 7 this week, with Alphabet and Amazon's Q4 reports rolling in after-market hours on Wednesday, February 4,...
For Immediate Release Chicago, IL – February 4, 2026 – Today, Zacks Investment Ideas feature highlights Alphabet GOOGL, Amazon AMZN, Nvidia NVDA and Meta Platforms META. GOOGL vs AMZN: Which Stock Is Better Ahead of Q4 Earnings Results? Markets will receive more quarterly results from the Mag 7 this week, with Alphabet and Amazon's Q4 reports rolling in after-market hours on Wednesday, February 4, and Thursday, February 5, respectively. Only Nvidia will be left to report later in the month. The other four Mag 7 members reported last week, and outside of Meta Platforms, investors seemed to be somewhat underwhelmed as their growth was overshadowed by reemerging CapEx concerns, as it relates to AI. Of course, as it relates to Alphabet and Amazon, the individual growth of their cloud services will be closely monitored and hopefully echoes further enhancements from AI. With Alphabet's Google Cloud and Amazon Web Services (AWS) being direct competitors in the global cloud-computing market, let's see which of these tech giants may be the better investment at the moment. Alphabet's Q4 Expectations Based on Zacks estimates, Alphabet's Q4 sales are expected to be up 16% to a new peak of $94.7 billion from $81.62 billion a year ago. As the third largest cloud services provider, Zacks projections call for Alphabet's Google Cloud revenue to be $16.25 billion, a 36% increase from $11.95 billion in Q4 2024. On the bottom line, Alphabet's Q4 EPS is thought to have spiked 20% to $2.58 versus $2.15 a share in the comparative quarter. It's noteworthy that Alphabet has surpassed the Zacks EPS Consensus for 11 consecutive quarters with a very impressive average earnings surprise of 18.74% in its last four quarterly reports. Amazon's Q4 Expectations Pivoting to Amazon, Q4 sales are expected to come in at a record $211.56 billion, a 12% increase from $187.79 billion last year. Being the largest global cloud provider, AWS revenue is expected to be $35.02 billion, a 21% increase from $28.78...
Amazon (AMZN) has been reshaping its corporate ranks this year, cutting tens of thousands of white-collar roles as CEO Andy Jassy pushes to trim layers and speed decision-making. Investors have watched the moves warily as the company balances efficiency drives with heavy investment in AI and data centers. Now, a Washington WARN filing signals another round of about 2,200 permanent corporate job cu...
Amazon (AMZN) has been reshaping its corporate ranks this year, cutting tens of thousands of white-collar roles as CEO Andy Jassy pushes to trim layers and speed decision-making. Investors have watched the moves warily as the company balances efficiency drives with heavy investment in AI and data centers. Now, a Washington WARN filing signals another round of about 2,200 permanent corporate job cuts across various state locations, with separations set to begin April 28, according to a recent filing with the Washington Employment Security Department. For AMZN stock, the takeaway is mixed. Cost savings could boost margins over time, but repeated rounds of cuts may raise questions about execution risk and growth trade-offs. Investors will keep a close eye on upcoming earnings and any quarterly guidance revisions for fresh direction. Amazon Is Reshaping Its Business for 2026 Aside from layoffs, Amazon has made notable moves in the past two months. In late January, it announced a pivot in its physical retail strategy, that Amazon Fresh and Go stores will be shuttered or converted into Whole Foods locations. The company will also expand same-day grocery delivery nationwide, betting on its 150 million-plus Prime customer base for more orders. This shift aims to cut losses on smaller-format stores and “prioritize investment in growth areas,” as Amazon stated. Other moves, like expanding cloud infrastructure, Trainium chips, new AWS data centers, investing in AI services, and Alexa upgrades, underscore Amazon’s long-term priorities. These initiatives have yet to significantly move the stock, but they reinforce Amazon’s narrative of reallocating resources to its strongest growth engines. In 2025, Amazon underperformed big-cap peers despite strong business fundamentals, and after hitting an all-time high in November 2025, Amazon’s shares retreated and ended the year essentially flat, a disappointing outcome when the S&P 500 ($SPX) was up roughly 17%. However, in 2026, it began...
Image source: The Motley Fool. Wednesday, February 4, 2026 at 9 a.m. ET Call participants Chief Executive Officer — Scott McPherson Chief Financial Officer — Patrick Hatcher Executive Chair of the Board — George Holm Investor Relations — Bill Marshall Takeaways Total Net Sales -- Increased 5.2% during the period, with growth in all three operating segments and particular strength in foodservice an...
Image source: The Motley Fool. Wednesday, February 4, 2026 at 9 a.m. ET Call participants Chief Executive Officer — Scott McPherson Chief Financial Officer — Patrick Hatcher Executive Chair of the Board — George Holm Investor Relations — Bill Marshall Takeaways Total Net Sales -- Increased 5.2% during the period, with growth in all three operating segments and particular strength in foodservice and convenience. -- Increased 5.2% during the period, with growth in all three operating segments and particular strength in foodservice and convenience. Company Case Volume -- Rose by 3.4%, led by 5.3% organic independent restaurant case growth and 6.3% organic case gain in the convenience segment. -- Rose by 3.4%, led by 5.3% organic independent restaurant case growth and 6.3% organic case gain in the convenience segment. Foodservice Segment Organic Independent Case Growth -- Achieved 5.3%, driven by 5.8% independent account growth; broad-based share gains reported in chicken, burger, barbecue, and seafood restaurant categories. -- Achieved 5.3%, driven by 5.8% independent account growth; broad-based share gains reported in chicken, burger, barbecue, and seafood restaurant categories. Convenience Segment Net Sales -- Grew 6.1%, attributed to onboarding over 500 Love’s locations in September and 600 Racetrack stores in December, along with market share gains. -- Grew 6.1%, attributed to onboarding over 500 Love’s locations in September and 600 Racetrack stores in December, along with market share gains. Convenience Segment Adjusted EBITDA -- Increased 13.4%, reflecting strong cost discipline, operational efficiency, and incremental profit from new accounts. -- Increased 13.4%, reflecting strong cost discipline, operational efficiency, and incremental profit from new accounts. Specialty Segment EBITDA Margin -- Expanded by 40 basis points, with nearly 7% adjusted EBITDA growth; sales were negatively impacted by a theater channel decline of over 30%, equal to a $50 million dra...
Fabrice Cabaud Wall Street's major averages were mixed on Wednesday as investors continued to sell tech stocks and awaited Alphabet (GOOGL) earnings. Traders also received a softer-than-expected U.S. private jobs report. The benchmark S&P 500 ( SP500 ) was last -0.3% in late morning trade, while the Nasdaq Composite ( COMP:IND ) was -0.8%, and the Dow ( DJI ) was +0.2%. Among the top decliners, AM...
Fabrice Cabaud Wall Street's major averages were mixed on Wednesday as investors continued to sell tech stocks and awaited Alphabet (GOOGL) earnings. Traders also received a softer-than-expected U.S. private jobs report. The benchmark S&P 500 ( SP500 ) was last -0.3% in late morning trade, while the Nasdaq Composite ( COMP:IND ) was -0.8%, and the Dow ( DJI ) was +0.2%. Among the top decliners, AMD ( AMD ) was last at -14.7% even as the Dr. Lisa Su-led company reported Q4 results and guidance that were well above Wall Street’s forecast. Boston Scientific ( BSX ) shares were -17.3% with a Q4 beat but an underwhelming outlook for 2026. AbbVie ( ABBV ) shares were also down, -6.5%, even after the company reported better-than-expected Q4 earnings. In addition, most Magnificent Seven stocks were in the red, including Meta ( META ), Tesla ( TSLA ), Nvidia ( NVDA ), and Alphabet ( GOOGL ). “Analysts keep raising their earnings calls for 2026 and 2027, and that is giving the S&P 500 another boost. With profit hopes building, the bulls still have the upper hand,” said Ryan Detrick, chief market strategist at Carson Group. On the economic side, the U.S. private sector added 22K jobs in January , missing the +45K consensus and slipping from +37K in December, which was revised down from +41K, according to data released by ADP. In addition, t he S&P Global U.S. Composite PMI rose to 53.0 in January from 52.7 in December, higher than expected. “ADP employment report shows we have yet to break free from the low hire, low fire environment of 2025. Healthcare continued to dominate gains, while most other sectors shed jobs, including the manufacturing sector. The pressure to leverage cash flow more than debt to build data centers is beginning to show up,” said Diane Swonk, chief economist at KPMG U.S. “Investments remain to air, although speculators have entered the market. The problem is that the construction of data centers includes very few people, which means the boom in AI inves...
Brad Sams has more than a decade of writing and publishing experience under his belt including helping to establish new and seasoned publications From breaking news about upcoming Microsoft products to telling the story of how a billion dollar brand was birthed in his book, Beneath a Surface, Brad is a well-rounded journalist who has established himself as a trusted name in the industry.
Brad Sams has more than a decade of writing and publishing experience under his belt including helping to establish new and seasoned publications From breaking news about upcoming Microsoft products to telling the story of how a billion dollar brand was birthed in his book, Beneath a Surface, Brad is a well-rounded journalist who has established himself as a trusted name in the industry.
FilippoBacci Shares of Varonis Systems ( VRNS ) fell about 19% on Wednesday despite a fourth-quarter beat as analysts discussed non-software as a service annual recurring revenue, or non-SaaS ARR. Needham kept its Buy rating on the software maker's stock but lowered the price target on the shares to $30 from $55. Analysts led by Mike Cikos said that Varonis offered investors additional disclosures...
FilippoBacci Shares of Varonis Systems ( VRNS ) fell about 19% on Wednesday despite a fourth-quarter beat as analysts discussed non-software as a service annual recurring revenue, or non-SaaS ARR. Needham kept its Buy rating on the software maker's stock but lowered the price target on the shares to $30 from $55. Analysts led by Mike Cikos said that Varonis offered investors additional disclosures on the SaaS business: SaaS Net Revenue Retention, or NRR, was about 110% in calendar year 2025; and SaaS ARR ex-Conversions grew 32% year-over-year. The analysts noted that despite these metrics, there is uncertainty regarding how much non-SaaS ARR ultimately converts to ARR, where management assumed a range of $50M to $75M on a base of $745M exiting calendar year 2025. "Meanwhile, projected Non-SaaS ARR churn of roughly $30 Million to $55 Million should create an unexpected headwind to CY26 Free Cash Flow, resulting in a guide of $102.5 Million at the midpoint - below the sell-side forecast of $151.0 Million. We expect Varonis to emerge from CY26 in a stronger position, but uncertainty over Non-SaaS ARR migrations, NRR expansion, and New Business are constraints in the near-term," said Cikos and his team. Citi maintained its Neutral/High Risk rating on Varonis and cut the price target on the stock to $28 from $37. "Headline metrics modestly upsided against low expects [expectations]. But total ARR decelerating to 16% YoY, with total NNARR declines worsening to -16% YoY, (SaaS NNARR decelerating 11pts to 19% YoY) shows murky fundamentals," said analysts led by Fatima Boolani. However, the analysts noted that Varonis's meaningful step towards more disclosure-transparency to unpack these optics is a welcome degree of quantitative granularity. The result: 2025 actuals were more than Citi estimates on new logo SaaS (positive) likely owing to deliberate new logo incentives pivoting year-over-year, but 110% SaaS NRR relatively underwhelming (negative considering 25%-30% purporte...
Luis Alvarez/DigitalVision via Getty Images Cirrus Logic's ( CRUS ) better-than-expected third quarter fiscal 2026 results and fourth quarter outlook were driven primarily by smartphone-related demand, primarily from Apple ( AAPL ), but analysts identified PC growth as well. Cirrus Logic shares had surged 14% during early market action on Wednesday. "F3Q Apple rev was $546M (+8% q/q, +8% y/y), rep...
Luis Alvarez/DigitalVision via Getty Images Cirrus Logic's ( CRUS ) better-than-expected third quarter fiscal 2026 results and fourth quarter outlook were driven primarily by smartphone-related demand, primarily from Apple ( AAPL ), but analysts identified PC growth as well. Cirrus Logic shares had surged 14% during early market action on Wednesday. "F3Q Apple rev was $546M (+8% q/q, +8% y/y), representing 94% of total rev, with upside driven by higher iPhone unit vols and mix," said KeyBanc analysts John Vinh and Ryan Rosumny in an investor note. "Mgmt noted ex-Apple rev declined on iPhone 17 sell-through, Android exit, and legacy prod EOLs, with PCs, AI devices, and pro audio offsetting over time." KeyBanc also noted that PC-related revenue is expected to double throughout fiscal 2026. "Mgmt highlighted solid design activity across the PC portfolio, with multiple devices launching in coming quarters and AI PC products now sampling, with related revenue expected to ramp in CY27 and accelerate in CY28," Vinh added. KeyBanc maintained its Overweight rating and $150 price target on Cirrus. Stifel retained its Buy rating and also increased its price target to $163 from $150 following earnings. "Design activity accelerated across the PC portfolio as the company ramps its latest-generation amplifier and codec in mainstream platforms ahead of upcoming customer launches," said Stifel analysts, led by Tore Svanberg, in a note. "To address the rise of AI-enabled PCs, management has begun sampling a new component designed to enhance voice and audio capture, featuring ultra-low-power sleep modes." Finally, Benchmark reiterated its Buy rating and increased its price target to $160 from $150. They noted a long-term opportunity Cirrus has in the automotive market. "The market is shifting from centralized transducer designs to Ethernet-based distributed systems, enabling amplifiers to move closer to individual speakers and materially improving performance," said Benchmark analyst ...
In this article RIVN Follow your favorite stocks CREATE FREE ACCOUNT All-electric vehicle maker Rivian is dealing with a lot: the end of federal support for EVs, a surge in hybrid vehicle sales and a rate of cash burn that still alarms investors, among other things. The company also has relatively low production and delivery numbers , but Rivian CEO RJ Scaringe told CNBC in a December interview th...
In this article RIVN Follow your favorite stocks CREATE FREE ACCOUNT All-electric vehicle maker Rivian is dealing with a lot: the end of federal support for EVs, a surge in hybrid vehicle sales and a rate of cash burn that still alarms investors, among other things. The company also has relatively low production and delivery numbers , but Rivian CEO RJ Scaringe told CNBC in a December interview that's not the full story. "The R1 is the best-selling premium electric SUV in the United States," he said, adding that it has been a top-selling premium SUV of any kind in the state of California. But the R1S carries a nearly $80,000 starting price. Rivian's hope is that the upcoming, less expensive R2 model can repeat that same success in the far larger midsize, mid-price SUV EV market. The R2 looks like a smaller R1S. Someone sitting inside will notice Rivian's familiar style and design language throughout the interior. It has Rivian's recognizable headlights. And it's much the same shape, with a long, flat roof that lets a 6-foot-1-inch person sit in the rear seat without slouching. One of the biggest differences is that it has five seats, two fewer than the larger R1S. "It's a smaller vehicle," Scaringe said. "But I think this is the best vehicle we've developed to date. We're incredibly bullish on this and excited for it. Of course it's cheaper, but it doesn't mean it's not an aspirational product, something that you're really going to enjoy and love to be in." Test ride Scaringe took CNBC on a test drive of the R2 near the company's office in Palo Alto, California. It feels low to the ground and agile. "Watch this," Scaringe said as we were driving on the freeway. He kicked the accelerator and the R2 shot forward. EVs are known for fast acceleration, but this might stand out for its class. "It's quicker than it needs to be," he said. We didn't drive off road, but Scaringe said the R2 is trail-worthy, though customers shouldn't expect the 100-horsepower, go-anywhere cap...
Lean hog futures closed with Monday gains of 80 cents to $1.55 in the front months. USDA’s national base hog price was reported at $86.37 on Tuesday afternoon, up $4.15 from the Monday report. The CME Lean Hog Index was back down 7 cents on Jan 30 at $85.71. USDA’s pork carcass cutout value from Tuesday afternoon report was $1.67 higher to $97.37 per cwt. The rib and belly were the only primals re...
Lean hog futures closed with Monday gains of 80 cents to $1.55 in the front months. USDA’s national base hog price was reported at $86.37 on Tuesday afternoon, up $4.15 from the Monday report. The CME Lean Hog Index was back down 7 cents on Jan 30 at $85.71. USDA’s pork carcass cutout value from Tuesday afternoon report was $1.67 higher to $97.37 per cwt. The rib and belly were the only primals reported higher, with the Rib up $5.06 and belly $15.32 higher. USDA estimated federally inspected hog slaughter on Tuesday was 487,000 head, taking the weekly total to 931,000 head. That was 33,000 head above last week but 32,851 head below the same week last year. Don’t Miss a Day: Feb 26 Hogs closed at $88.550, up $0.800, Apr 26 Hogs closed at $98.150, up $1.525 May 26 Hogs closed at $101.925, up $1.300, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Live cattle futures saw higher trade on Tuesday, with contracts up $2.10 to $2.40. Cash trade settled in last week at $238-240 live across the country and $375-378 dressed. Early action this week has been quiet with most compiling showlists. Feeder cattle futures posted gains of $1.57 to $2.05 on Tuesday. The CME Feeder Cattle Index was up another $3.82 to $374.41 on January 30. Monday’s OKC feede...
Live cattle futures saw higher trade on Tuesday, with contracts up $2.10 to $2.40. Cash trade settled in last week at $238-240 live across the country and $375-378 dressed. Early action this week has been quiet with most compiling showlists. Feeder cattle futures posted gains of $1.57 to $2.05 on Tuesday. The CME Feeder Cattle Index was up another $3.82 to $374.41 on January 30. Monday’s OKC feeder cattle auction showed 2,624 head sold, with sales up $4-12 for feeder steers and $3-8 higher on feeder heifers, with calves reported steady. USDA did report a case of new world screwworm in Florida via an imported horse from Argentina late last week, though the animal was treated and has remained in quarantine. Don’t Miss a Day: Wholesale Boxed Beef prices were mixed in the Tuesday PM report, with the Chc/Sel spread at $3.48. Choice boxes were up $2.50 to $370.71, while Select was $2.32 higher at $367.23. USDA reported federally inspected cattle slaughter at 115,000 head for Tuesday, with the weekly total at 223,000 head. That is 11,000 head above last week but 12,481 head shy of the same week last year. Feb 26 Live Cattle closed at $240.325, up $2.150, Apr 26 Live Cattle closed at $241.625, up $2.100, Jun 26 Live Cattle closed at $236.625, up $2.375, Mar 26 Feeder Cattle closed at $367.925, up $1.575, Apr 26 Feeder Cattle closed at $365.875, up $1.700, May 26 Feeder Cattle closed at $362.400, up $2.050, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Soybeans are showing 1 to 2 cent losses in the front months on Wednesday morning. Futures posted 4 to 5 ½ cent gains on Tuesday. The cmdtyView national average Cash Bean price was 4 3/4 cents higher at $10.00 1/2. Soymeal futures were $1.40 to $2.60 lower, with Soy Oil futures up 102 to 129 points. The Treasury issued guidance on the 45Z tax credit on Tuesday morning, adding some premium to bean o...
Soybeans are showing 1 to 2 cent losses in the front months on Wednesday morning. Futures posted 4 to 5 ½ cent gains on Tuesday. The cmdtyView national average Cash Bean price was 4 3/4 cents higher at $10.00 1/2. Soymeal futures were $1.40 to $2.60 lower, with Soy Oil futures up 102 to 129 points. The Treasury issued guidance on the 45Z tax credit on Tuesday morning, adding some premium to bean oil and lessening some uncertainty. They still need to go through a public hearing process, which is scheduled for May. Don’t Miss a Day: EU soybean imports have totaled 7.29 MMT, from July 1 to February 1, which is down 1.33 MMT from the same period last year. Mar 26 Soybeans closed at $10.65 3/4, up 5 1/2 cents, currently down 1 3/4 cents Nearby Cash was $10.00 1/2, up 4 3/4 cents, May 26 Soybeans closed at $10.77 1/4, up 4 3/4 cents, currently down 1 1/4 cents Jul 26 Soybeans closed at $10.90 1/2, up 4 3/4 cents, currently down 1 1/2 cents On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.