Image source: The Motley Fool. Tuesday, Feb. 10, 2026 at 9 a.m. ET CALL PARTICIPANTS Chief Executive Officer — August Troendle President — Jesse Geiger Chief Financial Officer — Kevin Brady Head of Investor Relations — Lauren Morris TAKEAWAYS Revenue -- $708.5 million in the fourth quarter, up 32%, and $2.53 billion for the full year, a 20% increase. -- $708.5 million in the fourth quarter, up 32%...
Image source: The Motley Fool. Tuesday, Feb. 10, 2026 at 9 a.m. ET CALL PARTICIPANTS Chief Executive Officer — August Troendle President — Jesse Geiger Chief Financial Officer — Kevin Brady Head of Investor Relations — Lauren Morris TAKEAWAYS Revenue -- $708.5 million in the fourth quarter, up 32%, and $2.53 billion for the full year, a 20% increase. -- $708.5 million in the fourth quarter, up 32%, and $2.53 billion for the full year, a 20% increase. EBITDA -- $160.2 million in the fourth quarter, up 20%; full year EBITDA was $557.7 million, growing 16.1%. -- $160.2 million in the fourth quarter, up 20%; full year EBITDA was $557.7 million, growing 16.1%. EBITDA Margin -- 22.6% for the quarter and 22% for the year, both below prior periods due to higher reimbursable costs from therapeutic mix. -- 22.6% for the quarter and 22% for the year, both below prior periods due to higher reimbursable costs from therapeutic mix. Net Income -- $135.1 million in the fourth quarter, up 15.5%; full year net income was $451.1 million, up 11.6%. -- $135.1 million in the fourth quarter, up 15.5%; full year net income was $451.1 million, up 11.6%. Diluted EPS -- $4.67 for the quarter and $15.28 for the full year, representing yearly growth from $12.63. -- $4.67 for the quarter and $15.28 for the full year, representing yearly growth from $12.63. Net New Business Awards -- $736.6 million for the quarter, up 39.1%; $2.65 billion for the year, up 18.7%. -- $736.6 million for the quarter, up 39.1%; $2.65 billion for the year, up 18.7%. Backlog -- $3 billion as of year-end, up 4.3%, with $1.9 billion projected to convert to revenue over the next year. -- $3 billion as of year-end, up 4.3%, with $1.9 billion projected to convert to revenue over the next year. Net Book-to-Bill Ratio -- 1.04 for the quarter, noted as lower than anticipated because of elevated cancellations. -- 1.04 for the quarter, noted as lower than anticipated because of elevated cancellations. Backlog Conversion Rate -- 2...
Scam cases in Hong Kong fell by 2.9 per cent last year over the figure for 2024 after rising annually since 2019, while overall recorded crimes decreased by 5.9 per cent, according to police. In revealing the annual figures on Tuesday, Commissioner of Police Joe Chow Yat-ming also told lawmakers that fewer traditional street crimes were recorded, but homicide cases jumped 10-fold to 194 from 19, m...
Scam cases in Hong Kong fell by 2.9 per cent last year over the figure for 2024 after rising annually since 2019, while overall recorded crimes decreased by 5.9 per cent, according to police. In revealing the annual figures on Tuesday, Commissioner of Police Joe Chow Yat-ming also told lawmakers that fewer traditional street crimes were recorded, but homicide cases jumped 10-fold to 194 from 19, mostly due to the inclusion of the 168 people killed in the Wang Fuk Court blaze. “The main rise [excluding Wang Fuk Court victims] came from domestic violence, mainly due to financial problems or murder-suicides with patients with chronic illnesses,” Chow said. Advertisement The force has arrested 16 people on suspicion of manslaughter in relation to the inferno in Tai Po last November. Overall, Hong Kong recorded 89,137 crimes last year, a 5.9 per cent drop from the 94,747 in 2024. Deception cases took up nearly half the number, accounting for 48.5 per cent. Advertisement There were 43,212 scam cases last year, down by 2.9 per cent in 2024 and marking the first annual decline since 2019.
The post A Passive ETF, Built for Your Investment Goals. Motley Fool Asset Management Expands Investment Offerings to Diversify Portfolios. by Benzinga Contributors appeared first on Benzinga . Visit Benzinga to get more great content like this. Benzinga Money is a reader-supported publication. We may earn a commission from the advertisers associated with this article. Read our Advertiser Disclose...
The post A Passive ETF, Built for Your Investment Goals. Motley Fool Asset Management Expands Investment Offerings to Diversify Portfolios. by Benzinga Contributors appeared first on Benzinga . Visit Benzinga to get more great content like this. Benzinga Money is a reader-supported publication. We may earn a commission from the advertisers associated with this article. Read our Advertiser Discloser . Every investor has their own goals. Some are looking to perfect the long game, while others are looking to take on extra risk in exchange for future growth. Regardless of what bucket you fall in, your investment portfolio should reflect your goals. That’s the philosophy behind Motley Fool Asset Management’s newest factor ETF offerings. Each passive ETF offers a growth-oriented alternative to broad index funds, allowing investors to diversify their portfolio based on their investment goals. The funds are composed of U.S. companies vetted and rated by analysts from The Motley Fool, LLC based on quality, risk, and growth potential. Put professional analysts’ highest-conviction stock picks to work for your portfolio, all with the ease and convenience of an ETF. Explore Fool ETFs. A Closer Look at Motley Fool Asset Management’s Newest ETFs Each of Motley Fool Asset Management’s newest ETFs are built on the “Foolish” investment philosophy of buying and holding high-quality stocks for long periods of time. Here’s a closer look at each of the ETFs, and the type of investor they might be good for: Motley Fool Innovative Growth Factor ETF (MFIG) – Targets companies with accelerating profitability and innovation, measured through a proprietary Innovative Growth Composite Score based on gross profit growth, growth acceleration, and investment in intangible assets such as R&D, brand, and human capital. Good for: Those who have a higher risk tolerance and are seeking higher return potential. Motley Fool Value Factor ETF (MFVL) – Focused on attractively valued companies identified thr...
Shanaka Anslem Perera | February 11, 2026 I. 229x: The Most Dangerous Number in Global Markets Something extraordinary happened on the evening of February 3, 2026. While $300 billion in software market capitalization was being incinerated across the Nasdaq in what traders would later call the SaaSpocalypse, while the IGV Software ETF was plunging into a technical bear market and portfolio managers...
Shanaka Anslem Perera | February 11, 2026 I. 229x: The Most Dangerous Number in Global Markets Something extraordinary happened on the evening of February 3, 2026. While $300 billion in software market capitalization was being incinerated across the Nasdaq in what traders would later call the SaaSpocalypse, while the IGV Software ETF was plunging into a technical bear market and portfolio managers across three continents were fielding margin calls on their cloud positions, one company reported earnings that made the carnage irrelevant. Palantir Technologies posted fourth-quarter revenue of $1.407 billion, representing 70% year-over-year growth at a scale where such acceleration is supposed to be mathematically impossible. U.S. commercial revenue reached $507 million, up 137% from the prior year. The adjusted operating margin printed at 57%. The free cash flow margin hit 56%. The Rule of 40 score, the metric by which software companies measure the tradeoff between growth and profitability, registered 127%. Total contract value booked in the quarter reached an all-time record of $4.26 billion, up 138% year over year. The stock surged. The consensus celebrated. The narrative hardened into something resembling religious certainty: Palantir is the winner of the AI era, the platform that converts artificial intelligence from PowerPoint promise into operational reality, the company that solved the deployment problem everyone else is failing at. And every word of that narrative is supported by evidence. Here is the number that should concern you. At $143 per share, Palantir trades at approximately 229 times trailing earnings. Its market capitalization exceeds $340 billion. This prices the company not merely as exceptional, not merely as generational, but as the single greatest software enterprise in the history of capitalism. This is not hyperbole. It is arithmetic. To justify a 229x price-to-earnings multiple at a $340 billion market capitalization, Palantir must execute w...
BlackJack3D Strategy executive chairman and founder Michael Saylor said the company ( MSTR ) will continue purchasing Bitcoin ( BTC-USD ) indefinitely, revealing plans to buy “every quarter forever” despite the cryptocurrency trading under $70,000 amid recent market volatility. The firm recently added approximately $90M worth of Bitcoin ( BTC-USD ) to its holdings, doubling down while other invest...
BlackJack3D Strategy executive chairman and founder Michael Saylor said the company ( MSTR ) will continue purchasing Bitcoin ( BTC-USD ) indefinitely, revealing plans to buy “every quarter forever” despite the cryptocurrency trading under $70,000 amid recent market volatility. The firm recently added approximately $90M worth of Bitcoin ( BTC-USD ) to its holdings, doubling down while other investors have grown nervous about price fluctuations. In an interview with CNBC, Saylor characterized Bitcoin ( BTC-USD ) as “digital capital” that will naturally experience two to four times the volatility of traditional assets like gold ( XAUUSD:CUR ), equity ( SP500 ), ( COMP:IND ), ( DJI ), or real estate. He framed this characteristic as an advantage rather than a liability, stating “the volatility is the bug, but the volatility is the feature.” Saylor said that Bitcoin’s ( BTC-USD ) superior performance this decade directly correlates with its higher volatility, making it the foundation for what he calls “digital credit.” Addressing concerns that Strategy could be forced to sell its bitcoin holdings if prices continue declining, Saylor dismissed such worries as unfounded. “The truth is our net leverage ratio is half the typical investment grade company,” he said, noting the company maintains two and a half years of cash reserves to cover both dividends and debt obligations. Even in an extreme scenario where Bitcoin ( BTC-USD ) fell 90% over four years, Saylor maintained the company would simply refinance its debt rather than liquidate holdings. Saylor pointed to a broader market evolution where Wall Street banks and digital credit instruments will increasingly drive Bitcoin’s ( BTC-USD ) price dynamics. He argued that as major financial institutions like Citi, Schwab, JPMorgan, and BNY Mellon roll out credit products against Bitcoin, their influence will exceed that of miners by a factor of ten. When asked about Strategy’s stock ( MSTR ) declining 60% over the past year, S...
India has ordered social media platforms to step up policing of deepfakes and other AI-generated impersonations, while sharply shortening the time they have to comply with takedown orders. It’s a move that could reshape how global tech firms moderate content in one of the world’s largest and fastest growing market for internet services. The changes, published (PDF) on Tuesday as amendments to Indi...
India has ordered social media platforms to step up policing of deepfakes and other AI-generated impersonations, while sharply shortening the time they have to comply with takedown orders. It’s a move that could reshape how global tech firms moderate content in one of the world’s largest and fastest growing market for internet services. The changes, published (PDF) on Tuesday as amendments to India’s 2021 IT Rules, bring deepfakes under a formal regulatory framework, mandating the labelling and traceability of synthetic audio and visual content, while also slashing compliance timelines for platforms, including a three-hour deadline for official takedown orders and a two-hour window for certain urgent user complaints. India’s importance as a digital market amplifies the impact of the new rules. With over a billion internet users and a predominantly young population, the South Asian nation is a critical market for platforms like Meta and YouTube, making it likely that compliance measures adopted in India will influence global product and moderation practices. Under the amended rules, social media platforms that allow users to upload or share audio-visual content must require disclosures on whether material is synthetically generated, deploy tools to verify those claims, and ensure that deepfakes are clearly labelled and embedded with traceable provenance data. Certain categories of synthetic content — including deceptive impersonations, non-consensual intimate imagery, and material linked to serious crimes — are barred outright in the rules. Non-compliance, particularly in cases flagged by authorities or users, can expose companies to greater legal liability by jeopardising their safe-harbour protections under Indian law. The rules lean heavily on automated systems to meet those obligations. Platforms are expected to deploy technical tools to verify user disclosures, identify, and label deepfakes, and prevent the creation or sharing of prohibited synthetic content in ...
buradaki/iStock via Getty Images Infleqtion, which designs and builds quantum computers, precision sensors, and quantum software, is collaborating with NASA to launch the world's first quantum gravity sensor into low Earth orbit. Infleqtion is currently in the process of merging with Churchill X ( CCCX ), a special purpose acquisition company, which is expected to close before the end of the first...
buradaki/iStock via Getty Images Infleqtion, which designs and builds quantum computers, precision sensors, and quantum software, is collaborating with NASA to launch the world's first quantum gravity sensor into low Earth orbit. Infleqtion is currently in the process of merging with Churchill X ( CCCX ), a special purpose acquisition company, which is expected to close before the end of the first quarter of 2026. The combined company will operate as Infleqtion and is expected to be listed on the New York Stock Exchange under the ticker INFQ. Shares of Churchill X had spiked 12% during morning market action on Tuesday. The one-year mission, slated for launch in 2030, is dubbed the Quantum Gravity Gradiometer Pathfinder mission. The quantum sensor will be capable of measuring Earth's gravitational fields and gradients. It is designed to monitor mass dynamics across the planet's surface, including changes in water, ice and land, while operating in microgravity, which enables longer interaction times and correspondingly improved measurement sensitivities. On Monday, Infleqtion announced it had entered into a partnership with the U.S. Department of Energy to help improve electric grid optimization using quantum computing. Several publicly traded quantum companies focus on working with various U.S. government agencies, such as IonQ ( IONQ ), Rigetti Computing ( RGTI ) and D-Wave Quantum ( QBTS ). More on Churchill Capital Corp X Infleqtion: The Quantum Stock To Own - Safran Deal Validates Quantum Sensing, Fueling Quantum Computing Churchill Capital X: Reading The Tea Leaves On Infleqtion Infleqtion lands deal with DOE to help achieve grid optimization through quantum computing Infleqtion and SPAC Churchill's filing gets SEC clearance Seeking Alpha’s Quant Rating on Churchill Capital Corp X
Amazon.com, Inc. (NASDAQ:AMZN) is one of the stocks Jim Cramer looked at recently. Cramer highlighted the company’s CapEx forecast, as he stated: This week, two members of the Mag Seven reported, Alphabet on Wednesday night, and Amazon last night. And with both of these, Wall Street focused on their massive CapEx forecast. That’s what they said… Amazon said, hold my beer and projected $200 billion...
Amazon.com, Inc. (NASDAQ:AMZN) is one of the stocks Jim Cramer looked at recently. Cramer highlighted the company’s CapEx forecast, as he stated: This week, two members of the Mag Seven reported, Alphabet on Wednesday night, and Amazon last night. And with both of these, Wall Street focused on their massive CapEx forecast. That’s what they said… Amazon said, hold my beer and projected $200 billion in CapEx this year when Wall Street was only looking for $146.6 billion… As for Amazon, I believe in management’s ability to deliver, but you need a certain level of faith if you’re planning to own this one. That $200 billion CapEx number was shocking as the company… invested in everything from AI infrastructure to its retail operations to the low Earth orbit satellites that it can use to compete against Starlink. It totally overshadowed positives from the quarter, including strong growth from Amazon Web Services. Jim Cramer on Amazon.com (AMZN): “You Need a Certain Level of Faith if You’re Planning to Own This One” Copyright: prykhodov / 123RF Stock Photo Amazon.com, Inc. (NASDAQ:AMZN) sells consumer goods and digital content through online and physical stores, provides advertising and subscription services, operates Amazon Web Services for cloud computing, develops electronic devices, produces media content, and offers programs supporting third-party sellers and content creators. While we acknowledge the potential of AMZN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer looked at recently. Cramer highlighted one of the company’s growth catalysts, as he said: That leaves us with NVIDIA, which hasn’t reported yet, but when you see all these mega-cap tech companies budgeting insane amounts of money for capital expenditures, you know a lot of that’s going to NVIDIA. Sure, some of it will go to Broadcom ...
NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer looked at recently. Cramer highlighted one of the company’s growth catalysts, as he said: That leaves us with NVIDIA, which hasn’t reported yet, but when you see all these mega-cap tech companies budgeting insane amounts of money for capital expenditures, you know a lot of that’s going to NVIDIA. Sure, some of it will go to Broadcom and Marvell Tech, but you better believe NVIDIA’s getting a big cut of it. Maybe that’s why the stock’s soared nearly 8% today, its best session since April of last year, and many had just begun to give up on it. Jim Cramer Says “You Better Believe NVIDIA (NVDA)’s Getting a Big Cut” of the AI CapEx By Mega-Cap Tech NVIDIA Corporation (NASDAQ:NVDA) develops accelerated computing and AI platforms, GPUs for gaming and professional use, cloud services, robotics and embedded systems, and automotive technologies. Cramer discussed the stock during the February 2 episode and commented: There’s nothing magnificent about them. There’s nothing even special. My trust owns a bunch of these, I’m very conscious of this, six of the seven. And we respect them. We know that they can take off. Some are just resting. I think NVIDIA’s taking a breather, which is usually what you see before it makes a gigantic move. The darn stock now trades at just 24 times earnings. I call it a coiled spring. Still up over 55% from the past year, well in excess of the S&P 500. I think you need to buy some here, maybe tomorrow. I don’t know if you don’t own it already. NVIDIA’s still magnificent to me. It does, the stock acts terribly. I know that. While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stock...
NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer looked at recently. Cramer highlighted one of the company’s growth catalysts, as he said: That leaves us with NVIDIA, which hasn’t reported yet, but when you see all these mega-cap tech companies budgeting insane amounts of money for capital expenditures, you know a lot of that’s going to NVIDIA. Sure, some of it will go to Broadcom ...
NVIDIA Corporation (NASDAQ:NVDA) is one of the stocks Jim Cramer looked at recently. Cramer highlighted one of the company’s growth catalysts, as he said: That leaves us with NVIDIA, which hasn’t reported yet, but when you see all these mega-cap tech companies budgeting insane amounts of money for capital expenditures, you know a lot of that’s going to NVIDIA. Sure, some of it will go to Broadcom and Marvell Tech, but you better believe NVIDIA’s getting a big cut of it. Maybe that’s why the stock’s soared nearly 8% today, its best session since April of last year, and many had just begun to give up on it. Jim Cramer Says “You Better Believe NVIDIA (NVDA)’s Getting a Big Cut” of the AI CapEx By Mega-Cap Tech NVIDIA Corporation (NASDAQ:NVDA) develops accelerated computing and AI platforms, GPUs for gaming and professional use, cloud services, robotics and embedded systems, and automotive technologies. Cramer discussed the stock during the February 2 episode and commented: There’s nothing magnificent about them. There’s nothing even special. My trust owns a bunch of these, I’m very conscious of this, six of the seven. And we respect them. We know that they can take off. Some are just resting. I think NVIDIA’s taking a breather, which is usually what you see before it makes a gigantic move. The darn stock now trades at just 24 times earnings. I call it a coiled spring. Still up over 55% from the past year, well in excess of the S&P 500. I think you need to buy some here, maybe tomorrow. I don’t know if you don’t own it already. NVIDIA’s still magnificent to me. It does, the stock acts terribly. I know that. While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stock...
Oracle Corporation (NYSE:ORCL) is one of the stocks Jim Cramer looked at recently. When a caller asked if they should sell or hold their position in the stock, Cramer said: Well, Oracle, I don’t like what they’re doing to their balance sheet, and I always like companies with good balance sheets, and I think that this one is therefore not investible right now. I think it can bounce, and if it does ...
Oracle Corporation (NYSE:ORCL) is one of the stocks Jim Cramer looked at recently. When a caller asked if they should sell or hold their position in the stock, Cramer said: Well, Oracle, I don’t like what they’re doing to their balance sheet, and I always like companies with good balance sheets, and I think that this one is therefore not investible right now. I think it can bounce, and if it does bounce, I think you should sell it. Jim Cramer on Oracle (ORCL): “I Don’t Like What They’re Doing to Their Balance Sheet” Oracle Corporation (NYSE:ORCL) provides cloud and on-premise software, databases, and IT infrastructure to help businesses manage operations. During the January 6 episode, a caller asked what was wrong with the company, and Cramer replied: Okay, well, this is actually involved with the debt side of Oracle. They had to borrow a lot of money to be able to… build-out all these data centers they want to. Then people got increasingly worried that maybe one of its largest clients, OpenAI, won’t be able to pay for that. I now am taking that off the table. I don’t want to buy Oracle because I’m not really sure about their business model, but I am not, I would take off the table that they’re, that the stock, it’s… 26 times earnings. If it got down a little bit more, I would just tell you to buy it. While we acknowledge the potential of ORCL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Hollywood stars Mads Mikkelsen, Giancarlo Esposito and Christopher Lloyd will headline Hong Kong’s first “comic con” this May, the organisers have said, as the city joins major destinations worldwide by hosting its own take on these popular fan conventions celebrating pop culture. Hong Kong Comic Con 2026 will be held from May 29 to 31 at the Hong Kong Convention and Exhibition Centre, with the or...
Hollywood stars Mads Mikkelsen, Giancarlo Esposito and Christopher Lloyd will headline Hong Kong’s first “comic con” this May, the organisers have said, as the city joins major destinations worldwide by hosting its own take on these popular fan conventions celebrating pop culture. Hong Kong Comic Con 2026 will be held from May 29 to 31 at the Hong Kong Convention and Exhibition Centre, with the organisers announcing the trio as the first confirmed international guests and saying more names would be revealed in the coming months. Mads Mikkelsen at the 2026 European Film Awards in Berlin, Germany. Photo: Reuters Mikkelsen is known for his roles in the television series Hannibal and films including Rogue One: A Star Wars Story and Fantastic Beasts. Esposito has appeared in Breaking Bad, The Mandalorian and The Boys, while Lloyd is best known for his role as Doc Brown in the Back to the Future film trilogy. Advertisement The three-day event will feature celebrity meet-and-greet sessions, autograph and photo opportunities, live panel discussions and stage programmes. Fan-focused attractions on the show floor will include pop culture exhibitions, an artist alley featuring original comic art, a cosplayer zone and displays of rare collectibles and convention-exclusive merchandise. Advertisement Organisers said the event would also host content and intellectual property launches alongside appearances by international guests and live discussions tailored for fans.
Wirestock While its European peers struggled with steep U.S. import tariffs, Ferrari ( RACE ) enjoyed another solid quarter thanks to enduring demand for its iconic sports car and the ability of the company to pass higher costs onto its wealthy customers. Although shipments were down in the Americas (-2%) and China/Hong Kong/Taiwan (-12%), sales remained robust in APAC and EMEA, driving total ship...
Wirestock While its European peers struggled with steep U.S. import tariffs, Ferrari ( RACE ) enjoyed another solid quarter thanks to enduring demand for its iconic sports car and the ability of the company to pass higher costs onto its wealthy customers. Although shipments were down in the Americas (-2%) and China/Hong Kong/Taiwan (-12%), sales remained robust in APAC and EMEA, driving total shipments up 1% and the company’s total sales up 7.4% to €1.77B ($2.11B), beating €1.78B estimates. The geographic breakdown reflects Ferrari’s ( RACE ) allocation strategy in a deliberate effort to preserve the brand’s exclusivity. Deliveries in the quarter were driven by the 296 GTS, the Purosangue, the 12Cilindri family, which continued its ramp up phase, and the Roma Spider. In the quarter, the SF90 XX family increased its contribution, while the 296 GTB approached the end of its lifecycle and the SF90 Spider phased out in the quarter. Shipments of the Daytona SP3 were lower than the prior year, also completing its limited series run in the quarter. The products delivered in the quarter included six internal combustion engine (ICE) models and five hybrid engine models, which represented 57% and 43% of total shipments, respectively. All of which contributed to an unadjusted profit of €2.14 per share, up 3% from a year ago and above €2.11 estimates. Adjusted EBITDA improved 5% to €670M, while adjusted EBITDA margin narrowed 90 basis points to 37.9%. To reflect robust fiscal Q3 results and the company’s expectation for stronger product mix, personalizations, and lower industrial costs despite higher U.S. tariffs, Ferrari ( RACE ) now expects net revenue to be up 7.1% in FY25 versus earlier guidance of +7.0%, and adjusted EPS of €8.80 per share ($10.49) from prior guidance of €8.60 per share. The company also raised its guidance for adjusted EBITDA to €27.2B from €2.68B and adjusted operating income to €2.06B from €2.03B. The results and improved FY25 outlook launched Ferrari (...
Energy Transfer has a 7.3% yield and expects distribution growth of 3% to 5%. If you are an income-focused investor, you'll be attracted to Energy Transfer's (ET 0.08%) lofty 7.3% distribution yield. Add in a plan for 3% to 5% annual distribution growth, and you get to roughly 10%, which is the return that most investors expect from stocks over time. Here are some more reasons to be attracted to E...
Energy Transfer has a 7.3% yield and expects distribution growth of 3% to 5%. If you are an income-focused investor, you'll be attracted to Energy Transfer's (ET 0.08%) lofty 7.3% distribution yield. Add in a plan for 3% to 5% annual distribution growth, and you get to roughly 10%, which is the return that most investors expect from stocks over time. Here are some more reasons to be attracted to Energy Transfer and one that may still keep you away. Energy Transfer has a reliable business The core story with Energy Transfer is that it operates a large North American midstream business. It basically helps to move oil and natural gas around the world. The master limited partnership (MLP) uses a toll taker approach, charging fees for the use of its energy infrastructure assets. That generally leads to reliable cash flows throughout the energy cycle. The volume of energy moving through its system is more important than the prices of oil and natural gas. Given the importance of energy to modern society, volumes tend to be pretty robust most of the time. Through the first nine months of 2025, Energy Transfer's distributable cash flow covered its distribution by a very strong 1.8x. Looking forward, Energy Transfer has $5 billion in capital spending plans for 2026 to keep its business growing. Looking further out, management has projects that extend to 2029. That's what backs its plan for 3% to 5% annual distribution growth. A worrying misstep or preparing for the future? There's one small wrinkle that may worry more conservative income investors. Energy Transfer cut its distribution by 50% in 2020 during the energy downturn that accompanied the coronavirus pandemic. Management explained that the purpose of the cut was to strengthen the balance sheet. That's a good thing, of course. However, if you had been counting on those distributions to cover living expenses, you would have been very unhappy and might have sold the MLP. Expand NYSE : ET Energy Transfer Today's Change ( ...
British Prime Minister Keir Starmer sought to move on Tuesday from speculation about his future after fending off serious calls to resign over the Jeffrey Epstein scandal. Following a day of drama on Monday, the Labour leader told a meeting of government ministers that they were “strong and united” after he vowed not to walk away from office just 19 months into a five-year term. Starmer’s position...
British Prime Minister Keir Starmer sought to move on Tuesday from speculation about his future after fending off serious calls to resign over the Jeffrey Epstein scandal. Following a day of drama on Monday, the Labour leader told a meeting of government ministers that they were “strong and united” after he vowed not to walk away from office just 19 months into a five-year term. Starmer’s position had looked precarious on Monday when Scottish Labour leader Anas Sarwar demanded his resignation for appointing Peter Mandelson as US ambassador despite knowing he had maintained links to convicted sex offender Epstein. Advertisement Government ministers have since launched a rearguard action to shore up Starmer’s support, quelling the likelihood of a mutiny for now. “The prime minister thanked political cabinet for their support. He said they were strong and united,” according to a readout of the meeting provided by Downing Street. Scottish Labour leader Anas Sarwar calls on Prime Minister Keir Starmer to resign during a press conference in Glasgow on Monday. Photo: AP Starmer told ministers his government “would continue its relentless focus on the priorities of the British people, including tackling the cost of living”, the statement added.