Yuki Kondo/DigitalVision via Getty Images The rise in TTM Technologies ( TTMI ) since the 2025 lows is understandable when you look at the narrative that changed from a cyclical and low-margin PCB business to a leveraged play on two powerful themes that caught investors' attention – AI-driven data center infrastructure and defense spending. A look at the topline growth and improvements in operatin...
Yuki Kondo/DigitalVision via Getty Images The rise in TTM Technologies ( TTMI ) since the 2025 lows is understandable when you look at the narrative that changed from a cyclical and low-margin PCB business to a leveraged play on two powerful themes that caught investors' attention – AI-driven data center infrastructure and defense spending. A look at the topline growth and improvements in operating leverage are really visible but do not yet show a breakaway trend from the past. The transition is seriously underway, and TTMI has gained significant exposure to the emerging themes that have helped its rerating. But at the end of the day, it is that – a company in transition and executing well, but a stock where valuations are looking full and already underwrite a more complete structural transformation than what current fundamentals indicate. Embedded margin expectations can be reached purely through a mix and execution path, but more structural supporting factors like strong pricing power are not a given. Additionally, the business has a high capex requirement that could keep dragging margins. Overall, I see the current rally as an offshoot of the change in narratives rather than a major fundamental overhaul already made. The path is promising, but with little room for multiple reratings ahead, the asymmetry between execution risks and upside potential appears negatively skewed, supporting a Sell view that could see healthy corrections over the next few quarters. Real Transformation, But Quality Gaps Remain The transformation underway is undeniable. With ~80% of net sales tied to AI and defense already, this is not a future promise alone. What has this shift meant for the business in observable financial terms? The topline growth has shifted meaningfully from just about double-digit levels to over 20% on average over the past three quarters. This period has also coincided with improving operating margins, potentially pointing to leverage improvements. Revenue and YoY ...
JHVEPhoto/iStock Editorial via Getty Images CLS Stock Still Looks Promising On Its Dip My previous article on Celestica Inc. ( CLS ) was basically a preview research that helped me come to the conclusion that the firm was about to beat the consensus once again, which is usually a bullish catalyst. That's why I kept my rating unchanged back then. Historically, management's midpoints have been place...
JHVEPhoto/iStock Editorial via Getty Images CLS Stock Still Looks Promising On Its Dip My previous article on Celestica Inc. ( CLS ) was basically a preview research that helped me come to the conclusion that the firm was about to beat the consensus once again, which is usually a bullish catalyst. That's why I kept my rating unchanged back then. Historically, management's midpoints have been placed conservatively, and the strength of end markets, combined with solid operating leverage, has allowed CLS to exceed even the high ends. Therefore, it is more appropriate to compare the current consensus with Celestica management's most bullish Q4 targets - $3.575 billion in sales and $1.81 in EPS. Assuming a slight 2% beat to these high ends, Celestica could deliver a double beat of 4.48% in sales and about 4.89% in adjusted EPS. From my preview article on Celestica's results. The Q4 results came out in late January, and Celestica double-beat the consensus indeed, beating both top and bottom lines by 4.77% and 7.27%, respectively. Seeking Alpha, CLS's Earnings page I was pretty close to the top line beat expectations, but clearly underestimated the margins' sustainability, and so the EPS beat was way stronger than I anticipated initially. Anyway, the stock's price action hasn't improved even after this catalyst appeared—CLS is down by over 9% since my preview article was published, and it's down 7.52% on a YTD basis: Seeking Alpha, CLS's main page Despite these bearish moves and the price consolidation that just can't stop, I believe CLS still looks good for long-term buyers because the tailwinds I foresaw in my previous takes are valid to date, and in some cases, they've become even more obvious. Plus, the valuation reset looks healthy amid no forward earnings growth rate cuts from the market—investors are basically getting the same high-quality growth stock at a less expensive price, which is great to see. From all this, I think CLS should be rated as a “Buy”—the current...
Earnings Call Insights: LM Funding America (LMFA) Q4 2025 Management View Bruce Rodgers, Chairman, CEO & President, emphasized that "2025 was a transformational year for LM Funding. We entered the year as an early-stage vertically integrated miner with a single-owned site and a modest Bitcoin treasury. We exited as a multisite vertically integrated platform with a significantly larger treasury and...
Earnings Call Insights: LM Funding America (LMFA) Q4 2025 Management View Bruce Rodgers, Chairman, CEO & President, emphasized that "2025 was a transformational year for LM Funding. We entered the year as an early-stage vertically integrated miner with a single-owned site and a modest Bitcoin treasury. We exited as a multisite vertically integrated platform with a significantly larger treasury and a simplified capital structure and the operational foundation to support the next phase of our growth." He highlighted the completion of the Oklahoma site ramp-up, the acquisition of the 11-megawatt Columbus, Mississippi facility, and the growth of Bitcoin holdings to over 356 Bitcoin by year-end. Rodgers noted, "At December 31, our Bitcoin holdings were valued at approximately $31.2 million based on year-end Bitcoin prices, including the Bitcoin held by Galaxy compared to a market capitalization well below that level." Rodgers stated the focus for 2026 is to "grow production, improve efficiency and increase Bitcoin per share," with immersion expansion in Oklahoma and steady operations in Mississippi providing the "platform to grow production, improve efficiency and increase Bitcoin per share." Ryan Duran, President of US Digital & Mining Co and Vice President of Operations, reported that "we started with a single site in Oklahoma at approximately 560 petahash energized, and we exit with 2 wholly-owned sites, Oklahoma and Mississippi, totaling 26 megawatts of capacity and approximately 750 petahash energized across 22.5 megawatts at the end of the year, with further expansion continuing into Q1." He added that the new Mississippi site has "favorable power pricing of approximately $0.036 per kilowatt hour." Richard Russell, Chief Financial Officer, stated, "For the fourth quarter 2025, total revenue was $2.4 million, up 8.7% sequentially from Q3 and up 19% year-over-year." He explained, "Mining margin for the quarter was 25% compared to 49% in Q3 2025. The sequential declin...
SKYX Platforms ( SKYX ) filed for $200M mixed securities shelf. This prospectus is not an offer to sell. Filing More on SKYX Platforms SKYX projects deployment of over 1 million smart home units through major US and global initiatives in 2026 SKYX Platforms reports Q4 results Seeking Alpha’s Quant Rating on SKYX Platforms
SKYX Platforms ( SKYX ) filed for $200M mixed securities shelf. This prospectus is not an offer to sell. Filing More on SKYX Platforms SKYX projects deployment of over 1 million smart home units through major US and global initiatives in 2026 SKYX Platforms reports Q4 results Seeking Alpha’s Quant Rating on SKYX Platforms
It would be about double what oil prices are today. And the damage to the global economy would be unimaginable. The Trump Administration has admitted to itself that a game plan for this price is worth making. According to Bloomberg, “Trump administration officials are examining what a potential spike in oil prices as high as ... $200 Oil On Trump Radar
It would be about double what oil prices are today. And the damage to the global economy would be unimaginable. The Trump Administration has admitted to itself that a game plan for this price is worth making. According to Bloomberg, “Trump administration officials are examining what a potential spike in oil prices as high as ... $200 Oil On Trump Radar
J Studios/DigitalVision via Getty Images I previously covered Amazon.com, Inc. ( AMZN ), ( AMZN:CA ) in November 2025, discussing its prior outperformance in the FQ3'25 earnings call across the AWS and advertising segments, with it underscoring the company's highly successful monetization cadence beyond commerce. Despite the break out post FQ3'25 earnings call, I was of the opinion that the stock ...
J Studios/DigitalVision via Getty Images I previously covered Amazon.com, Inc. ( AMZN ), ( AMZN:CA ) in November 2025, discussing its prior outperformance in the FQ3'25 earnings call across the AWS and advertising segments, with it underscoring the company's highly successful monetization cadence beyond commerce. Despite the break out post FQ3'25 earnings call, I was of the opinion that the stock remained a compelling Buy for those looking to tap into the multi-year cloud super cycle and the secular advertising growth in the streaming end markets - resulting in my reiterated Buy rating then. In this article, I shall discuss why I am reiterating my Buy rating for the AMZN stock here, thanks to the improved margin safety/upside potential from the recent correction, the great insights from the stock's established trading pattern, and the oversold technical indicators. My optimism is further aided by the potential tailwinds from the lower tariffs on its commerce business and the multi-year cloud super cycle/growing RPOs on its AWS business, despite the intermediate term Free Cash Flow/balance sheet risks. AMZN Faces Numerous Tailwinds & Headwinds AMZN 1Y Stock Price ( TradingView ) Since my last buy rating, AMZN has gone ahead and charted a new high of $247s by early January 2026 before losing part of those gains to retest the $211s by the time of writing. Readers may want to note that a similar correction has been observed in its Big Tech peers in varying degrees, attributed to the market rotation " out of high-multiple technology names and into more defensive corners of the market, including consumer staples, energy, and utilities, as investors seek stability amid heightened volatility." 1. Developing Tariff Situation Beyond the reversal in market sentiments, I am of the opinion that AMZN's fundamentals have been robust indeed, as observed in their FQ1'26 guidance across : net sales of $176B at the midpoint ( +13% YoY ), operating income of $19B at the midpoint (+3.2%...
J Studios/DigitalVision via Getty Images I previously covered Amazon.com, Inc. ( AMZN ), ( AMZN:CA ) in November 2025, discussing its prior outperformance in the FQ3'25 earnings call across the AWS and advertising segments, with it underscoring the company's highly successful monetization cadence beyond commerce. Despite the break out post FQ3'25 earnings call, I was of the opinion that the stock ...
J Studios/DigitalVision via Getty Images I previously covered Amazon.com, Inc. ( AMZN ), ( AMZN:CA ) in November 2025, discussing its prior outperformance in the FQ3'25 earnings call across the AWS and advertising segments, with it underscoring the company's highly successful monetization cadence beyond commerce. Despite the break out post FQ3'25 earnings call, I was of the opinion that the stock remained a compelling Buy for those looking to tap into the multi-year cloud super cycle and the secular advertising growth in the streaming end markets - resulting in my reiterated Buy rating then. In this article, I shall discuss why I am reiterating my Buy rating for the AMZN stock here, thanks to the improved margin safety/upside potential from the recent correction, the great insights from the stock's established trading pattern, and the oversold technical indicators. My optimism is further aided by the potential tailwinds from the lower tariffs on its commerce business and the multi-year cloud super cycle/growing RPOs on its AWS business, despite the intermediate term Free Cash Flow/balance sheet risks. AMZN Faces Numerous Tailwinds & Headwinds AMZN 1Y Stock Price ( TradingView ) Since my last buy rating, AMZN has gone ahead and charted a new high of $247s by early January 2026 before losing part of those gains to retest the $211s by the time of writing. Readers may want to note that a similar correction has been observed in its Big Tech peers in varying degrees, attributed to the market rotation " out of high-multiple technology names and into more defensive corners of the market, including consumer staples, energy, and utilities, as investors seek stability amid heightened volatility." 1. Developing Tariff Situation Beyond the reversal in market sentiments, I am of the opinion that AMZN's fundamentals have been robust indeed, as observed in their FQ1'26 guidance across : net sales of $176B at the midpoint ( +13% YoY ), operating income of $19B at the midpoint (+3.2%...
Evogene ( EVGN ) filed a prospectus covering the resale of up to 5.08M ordinary shares by a selling shareholder. The shares are issuable upon exercise of 5.08M warrants issued in a February 2026 inducement transaction. Warrants include Series A-1 (5-year term) and Series B-1 (18-month term), both exercisable at $1.25/share. The selling shareholder may sell shares from time to time for its own acco...
Evogene ( EVGN ) filed a prospectus covering the resale of up to 5.08M ordinary shares by a selling shareholder. The shares are issuable upon exercise of 5.08M warrants issued in a February 2026 inducement transaction. Warrants include Series A-1 (5-year term) and Series B-1 (18-month term), both exercisable at $1.25/share. The selling shareholder may sell shares from time to time for its own account and will receive all resale proceeds. Evogene expects to receive up to ~$6.35M only if all warrants are exercised. More on Evogene Evogene Ltd. (EVGN) Q4 2025 Earnings Call Transcript Evogene outlines ChemPass AI-driven strategy and anticipates new collaborations amid organizational realignment Seeking Alpha’s Quant Rating on Evogene Historical earnings data for Evogene Financial information for Evogene
As geopolitical turmoil rattles U.S. markets, Latin America's premier e-commerce and fintech company MercadoLibre (NASDAQ: MELI) , is looking increasingly attractive to American investors. One reason it looks better than ever is that it has transformed into the Amazon of South and Central America. MercadoLibre has built itself into a powerful consumer discretionary business. Its recent revenue gro...
As geopolitical turmoil rattles U.S. markets, Latin America's premier e-commerce and fintech company MercadoLibre (NASDAQ: MELI) , is looking increasingly attractive to American investors. One reason it looks better than ever is that it has transformed into the Amazon of South and Central America. MercadoLibre has built itself into a powerful consumer discretionary business. Its recent revenue growth is significant and promising. In its latest quarterly report, net revenue was up 45% year over year. The company's geographic reach is a real advantage right now. It's operating in markets that are still developing their online banking infrastructure. And management is doing an incredible job of capturing these new digitally enabled consumers. Continue reading
ADMA Biologics ( ADMA ) rose 15% after refuting claims from a Culper Research short report. "ADMA believes that by providing, on a non-recurring basis, additional details concerning the Company’s immune globulin product portfolio – including inventory days on hand at its distribution partners and direct customers, and end user demand pull-through data – it refutes the key false and misleading alle...
ADMA Biologics ( ADMA ) rose 15% after refuting claims from a Culper Research short report. "ADMA believes that by providing, on a non-recurring basis, additional details concerning the Company’s immune globulin product portfolio – including inventory days on hand at its distribution partners and direct customers, and end user demand pull-through data – it refutes the key false and misleading allegations contained in the Short Report," according to a statement on Friday. ADMA said that "allegations of channel stuffing illustrate a misunderstanding of the commercial dynamics of the IVIG market." The ADMA refutation comes after the company's shares had dropped 27% since the Culper short report was released on Tuesday. On Thursday, Cantor Fitzgerald downgraded the plasma-derived drug developer, noting that the company’s response to the recent short report from Culper fell short of investor expectations. More on ADMA Biologics ADMA Biologics, Inc. (ADMA) Q4 2025 Earnings Call Transcript ADMA Biologics: Business Update And My Price Target ADMA Biologics, Inc. (ADMA) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript ADMA Biologics extends selloff as Cantor downgrades after short report ADMA Biologics says short report contains misleading, inaccurate statements
Nikolas Kokovlis | Nurphoto | Getty Images Elon Musk's xAI and its chatbot Grok have been banned from creating non-consensual AI-generated images of adults and children by a Dutch court, adding to growing legal pressure on the company. Amsterdam's District Court issued a legal order on Thursday prohibiting xAI from generating and distributing sexual imagery "whereby persons are partially or wholly...
Nikolas Kokovlis | Nurphoto | Getty Images Elon Musk's xAI and its chatbot Grok have been banned from creating non-consensual AI-generated images of adults and children by a Dutch court, adding to growing legal pressure on the company. Amsterdam's District Court issued a legal order on Thursday prohibiting xAI from generating and distributing sexual imagery "whereby persons are partially or wholly be stripped naked without having given explicit permission for this," according to a Google translation of the court statement . The ruling, a first-of-its-kind case against Grok in Europe, extends to child sexual abuse material and prevents the platform X, formerly known as Twitter, from offering Grok as a function in the region. xAI faces a penalty of 100,000 euros ($115,000) for every day it fails to comply with the ruling, with a maximum fine of 10 million euros, per the injunction. The case was brought by Dutch non-profit group Offlimits, which fights online sexual abuse, particularly against children and young people. xAI was also ordered to pay Offlimits legal costs of 2.2 million euros within 14 days. AI chatbot firms face stricter regulation in online safety laws protecting children in the UK "The judge drew a clear line yesterday: technology is not a license to violate human rights online," Robbert Hoving, managing director at Offlimits, said in a statement. "It is also wonderful that a vote was held in Europe yesterday for a ban on Nudify tools. It is a double celebration, because that is important. You should enjoy the same online rights in every European country." CNBC reached out to xAI for a comment on the ruling but hasn't received a response yet. An estimated three million sexualized images were generated by Grok between Dec. 29 and Jan. 9, 2026, according to the Center for Countering Digital Hate (CCDH). It found that over 23,000 of those images appeared to depict children. xAI moved to block Grok from being able to create sexualized images of real people...