In trading on Wednesday, shares of the First Trust Dow Jones Internet Index Fund ETF (Symbol: FDN) entered into oversold territory, changing hands as low as $242.72 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of First Trust Dow Jones Internet Index Fund, the RSI reading has hit 29.0 — by comparison, the RSI reading for the S&P 500 is currently 49.3. A bullish investor could look at FDN's 29.0 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Looking at a chart of one year performance (below), FDN's low point in its 52 week range is $191.37 per share, with $287.81 as the 52 week high point — that compares with a last trade of $242.87. First Trust Dow Jones Internet Index Fund shares are currently trading off about 2.1% on the day. Find out what 9 other oversold stocks you need to know about » 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.

J Studios/DigitalVision via Getty Images Investment Overview Oscar Health, Inc. ( OSCR ), the New York-headquartered health insurance company, announced its Q4 and full-year 2025 earnings yesterday. I last covered the company in a note for Seeking Alpha back in November 2023 , issuing a Buy rating on the stock, which is up >75% since. This feels like the right time for an update, so let's start with an overview of results. Oscar Health financials (press release) As we can see above (source: Oscar press release ), year-on-year, revenues increased from $2.39bn in Q4 2024 to $2.81bn in Q4 last year and from $9.2bn in full-year 2024 to $11.7bn in full-year 2025 - a gain of ~27%. Unlike in 2024, however, in 2025 Oscar was unable to report a profit - net loss amounted to $(352.6m) in Q4 and $(443.2m) for the full year. Neither was the company profitable on an adjusted EBITDA basis. Oscar ended 2025 with ~2m members. Ultimately, Oscar missed analysts' estimates on normalized and GAAP earnings per share ("EPS") of $(1.24), and on revenues - analysts had expected EPS of $(0.89) and revenues of $3.11bn. If we consider guidance for 2026 also shared by Oscar yesterday, below, we can see that, while we are not quite making "apples to apples comparisons," the picture looks fairly positive. Oscar - 2026 guidance (press release) By my calculation, total revenues are expected to grow by >60%, to $18.85bn at the midpoint of guidance, and a return to profitability is expected. In terms of Oscar's balance sheet , the company reported cash and equivalents of $2.77bn and short-term investments of $1.2bn, with long-term debt of "only" $430m. Analysis: Oscar Latest Health Insurer to Fall Foul of Rising Healthcare Utilization Another key measure in the health insurance industry is the medical loss ratio, which, as we can see in the table above, leaped from 88.1% to 95.4% in Q4 and from 81.7% in 2024 to 87.4% in 2025 as a whole. According to healthinsurance.org : Medical loss ratio ("MLR") i...

In trading on Wednesday, shares of the Grayscale Bitcoin Trust ETF (Symbol: GBTC) entered into oversold territory, changing hands as low as $51.25 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of Grayscale Bitcoin Trust, the RSI reading has hit 29.4 — by comparison, the RSI reading for the S&P 500 is currently 49.3. A bullish investor could look at GBTC's 29.4 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Looking at a chart of one year performance (below), GBTC's low point in its 52 week range is $48.555 per share, with $99.12 as the 52 week high point — that compares with a last trade of $51.58. Grayscale Bitcoin Trust shares are currently trading off about 3.9% on the day. Click here to find out what 9 other oversold dividend stocks you need to know about » 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.

Moscow has said it is planning to evacuate Russian tourists from Cuba within days as a fuel crisis triggered by US efforts to choke off the island’s oil supplies deepens. Russia’s aviation authorities said on Wednesday that two of its airlines serving the Caribbean island would operate outbound-only flights to bring tourists home before suspending services. Cuban aviation authorities had warned that the country was running out of jet fuel, threatening to derail its crucial tourism industry. Canada’s flag carrier said it would temporarily halt flights because of the fuel crisis, while several other airlines said they were rerouting planes to refuel at neighbouring Caribbean airports. Russia’s tourism board said about 4,000 Russian tourists were currently in Cuba. Many of them are state employees; Cuba, a longtime Kremlin ally, remains one of the few destinations Russian officials are allowed to visit under strict security service travel rules. The tourism board said all future tourist packages would be suspended. In online chat groups, Russians remaining on the island complained about fuel rationing and cuts to public transport as shortages deepened. Some said they had been moved to lower-grade hotels where the electricity supply was more stable. Cuba’s rapidly worsening situation follows a move by the Trump administration last month that in effect introduced an oil blockade on the island. The last known delivery came via a tanker from Mexico in early January, but Mexico halted exports amid US pressure. At the same time, crude flows from Venezuela have dried up after a US operation in January that resulted in the capture of Nicolás Maduro, cutting off support from Cuba’s most trusted energy supplier. The Kremlin said on Monday that the fuel situation was critical ‌and that ‌US attempts ‌to “suffocate” ⁠Cuba were causing ‌many difficulties. Russia’s foreign minister, Sergei Lavrov, separately said Moscow stood in solidarity with Cuba and was “ready to provide our frie...

Amazon.com, Inc. AMZN delivered a mixed fourth-quarter 2025 performance, posting revenues of $213.4 billion, which beat expectations and increased 14% year over year. However, earnings per share of $1.95 narrowly missed the consensus estimate by 1.52%. While the top-line strength was encouraging, the stock fell sharply after management unveiled a staggering $200 billion capital expenditure plan for 2026, marking a steep rise from the $125 billion it spent in 2025. This aggressive spending trajectory has sparked debate among investors about whether the AI-fueled investment spree will reward shareholders or weigh on returns in the near term. The Zacks Consensus Estimate for AMZN’s 2026 earnings is pegged at $7.72 per share, which has seen a downward revision of 2.2% over the past 60 days. The figure indicates a 7.67% increase from the figure reported in the year-ago quarter. Amazon.com, Inc. Price and Consensus Amazon.com, Inc. Price and Consensus Amazon.com, Inc. price-consensus-chart | Amazon.com, Inc. Quote AWS Growth Accelerates, but AI Spending Raises Concerns Amazon Web Services (“AWS”) remains the crown jewel of Amazon's portfolio, posting $35.6 billion in fourth-quarter revenues, representing a 24% year-over-year increase that marked the segment's fastest growth in 13 quarters. AWS' order backlog surged 40% year over year to $244 billion, underscoring robust multi-year demand visibility. The custom silicon strategy is gaining traction, with Trainium and Graviton chips reaching a combined annual revenue run rate exceeding $10 billion, growing at triple-digit percentages. Trainium3 is delivering production workloads, with nearly all supply expected to be committed by mid-2026, while Trainium4 is targeted for 2027. In January 2026, Amazon announced plans to invest up to $50 billion to build purpose-built AI and supercomputing infrastructure for U.S. government agencies, adding 1.3 gigawatts of capacity. The magnitude of capital deployment is pressuring free cash ...

Amazon Bets Big on AI With $200B Capex: Buy, Sell or Hold the Stock? Yahoo Finance

据伊朗塔斯尼姆通讯社11日报道，伊朗最高国家安全委员会秘书、最高领袖顾问拉里贾尼表示，伊朗正在与美国磋商以确定下一轮谈判时间。拉里贾尼11日在访问阿曼首都马斯喀特期间发表声明说，与美国的谈判“在某种程度上是好的”。他认为美方似乎有意愿达成协议。拉里贾尼同时强调，仅凭当前情况无法作出全面判断，必须密切关注后续进程。 (新华社)

Lloyds Banking Group Plc and Phoenix Group Holdings Plc are among bidders for the UK arm of Dutch insurer Aegon Ltd. , people familiar with the matter said. They’re among parties that submitted initial offers this month, the people said, asking not to be identified because the information is private. Aegon UK has also attracted early interest from Great-West Lifeco Inc. ’s Canada Life unit and Royal London , according to the people. Aegon UK offers pensions and investment services to more than 3.5 million customers, according to its website. Its platform oversaw £124 billion ($169 billion) in assets at the end of the third quarter, according to a company presentation. Lloyds owns pensions provider Scottish Widows, while Phoenix owns rival Standard Life. Deliberations are ongoing and there’s no certainty who will proceed to the next stage of bidding, the people said. Other suitors could also emerge for the business, according to the people. Representatives for Lloyds, Phoenix, Great-West Lifeco, Royal London and Aegon declined to comment. Amsterdam-listed Aegon said in December it will move its headquarters to the US over the next two years. As part of the move, the company said it will rename itself Transamerica Inc. and is evaluating all options for Aegon UK, including a sale. Chief Executive Officer Lard Friese said Aegon is working with advisers and the review should be completed in the first half of this year, confirming a previous Bloomberg News report. Read More: Aegon UK May Face Divestment After Short-Lived Profit Recovery

tupungato/iStock Editorial via Getty Images As I covered in a previous article a few months ago, KB Financial Group Inc. ( KB ) is a quality bank in Asia and was trading at a relatively cheap valuation at the time, making it an interesting value play in the global banking sector. Since then, its shares have performed quite well, being up by close to 35% and outperforming the overall stock market ( SPY ) by a wide margin during the same period. Article performance (Seeking Alpha) As the bank has recently released its earnings related to 2025, I think it’s now a good time to analyze its most recent financial performance and update its investment case to see if it still offers value for long-term investors following its strong share price rally over the past few months. KB’s 2025 Earnings Analysis KB has reported positive operating momentum over the last year supported by the bank’s strategy to push for growth in non-interest income, which continues to gain momentum as the bank aims to have a business profile more geared to capital markets. Indeed, while net interest income (NII) was somewhat pressured by lower rates from the central bank, which reduced its key rate twice during 2025 to a level of 2.5% from a peak rate of 3.5% in the previous years, KB’s non-interest income was the major contributor to revenue growth during 2025. Bank of Korea key rate (Trading Economics) Despite the rate cut cycle, KB was able to increase NII by 1.9% YoY to about $9 billion in 2025 , as the bank managed quite well its balance sheet. Its loan book increased by 3.8% YoY, supported both by the household and corporate segments, being an important support for NII growth in the year. However, more importantly, the bank was able to pass on lower rates to customers and significantly decrease its average cost of deposits, which was key for KB to protect its banking net interest margin (( NIM )) during the year at about 1.75%. As part of its strategy to diversify its business away from the bank...

da-kuk/E+ via Getty Images Shannon Saccocia, chief investment officer at Neuberger Berman Private Wealth, argued that recent market selling of AI-adjacent companies has been overly broad and reactive. In an interview with CNBC, Saccocia said the selloff of “anything AI-adjacent or potentially AI-disrupted feels a bit indiscriminate,” with investors fixating on disruption risks while ignoring opportunities for growth. Saccocia believes this widespread selling presents a meaningful opportunity for active managers to identify companies with genuine competitive advantages. “This indiscriminate selling really offers up opportunities for active management where you’re selecting companies that do have that competitive advantage that actually can take AI and make it work,” she explained, noting this represents one of the firm’s major investment themes for the year. Neuberger Berman is currently overweighting non-technology sectors, including small-cap stocks ( SPSM ), ( SP600 ), ( IWM ), and cyclical industries. Saccocia pointed to strong momentum in energy ( XLE ), materials ( XLB ), and parts of real estate ( XLRE ), ( IYR ), ( VNQ ), describing these sectors as “underexposed in most investor portfolios in the U.S.” and encouraging investors to look beyond traditional benchmarks. When assessing the software industry ( IGPT ), ( XSW ), ( IGV ), Saccocia pushed back against prevailing pessimism. “It feels like everything—investors in some ways are thinking everything is going to be a loser,” she said. She recommended focusing on software companies that are “embedded in the customer experience” rather than those offering only off-the-shelf subscriptions. To navigate potential disruption, Saccocia emphasized the importance of identifying firms that serve as consultative partners with multiple client touchpoints. Most critically, she suggested investors seek companies “already integrating AI into those solutions to get ahead of this disruption by these outside AI forces.” Look...

Getty Images Shares of American International Group ( AIG ) have been a mixed performer over the past year, trading essentially flat. The company has delivered solid results, but the insurance sector has been pressured by concerns about thinning margins. More recently, shares have been whipsawed by headlines around potential M&A and the retirement of its CEO. I last covered shares in December , rating the stock a “hold,” but AIG has dropped 10% since then, suggesting a sell was merited. With updated financials, now is a good time to revisit AIG. Seeking Alpha Q4 results were solid despite modest core underwriting margin pressure In the company’s fourth quarter , AIG earned $1.96, which beat estimates by $0.06. Net written premiums declined 1% to $6.04 billion, a bit lower than expected. Underwriting income was $670 million, up 48% from last year, and the company posted an 88.8% combined ratio, which was down 370 bps from last year. This was almost entirely due to lower catastrophe losses, an industry trend. The 2025 US hurricane season was exceptionally quiet with no major storms hitting the US mainland, and this level of loss is not sustainable. Hurricane season can vary year to year, but on average, there will be some storms. Excluding CATs and looking at its accident year combined ratio, we do see modest deterioration, with the rate up 30 bps to 88.9%. I view a sub-90% ratio as being solid, and we have seen the industry face some incremental pricing pressure after years of improvement. As such, the slightly weaker results are not surprising to me. Given this backdrop, the slight drop in net written premiums is notable and suggests that tighter margins may be leading AIG to pull back from writing some policies that no longer have attractive economics. Ultimately, I prefer the preservation of margins to pursuing uneconomic growth. Commercial net premiums rose 4% to $4.5 billion, with the US up 3% and international up 5%. In the US, the accident year combined ratio ...

Kristin Scott Thomas has accused male theatre critics of failing to understand plays written by women and about women. Citing her monologue on menstruation in Phoebe Waller-Bridge’s Fleabag, she said the speech had “ripped through the internet”, proving the appetite for female stories told on their own terms. “Where would I be without women playwrights?” she said while accepting the inaugural leading light award at the Women’s Prize for Playwriting ceremony in London, a new honour recognising lifetime achievement by women in the arts. “To be honest, absolutely nowhere.” Scott Thomas referred to her recent stage role in Penelope Skinner’s Lyonesse, which ran at the Harold Pinter theatre in 2023. The play, which explored ambition, motherhood and sexual violence, drew strong audiences but divided critics. “The play was mostly hated by the critics,” she said. “So why did people flock to the Pinter to catch it before we all vanished? “A clue might be that many of the reviews were written by men who really didn’t understand what it is to be a working mother or a child-free actress.” She said one male critic had described a female character’s lament about her vagina as unrealistic. “We need women to write that,” she said. “Voicing their experience. Men are beginning to see the light.” She said Waller-Bridge’s writing had helped to shift public debate. “When Phoebe Waller-Bridge wrote Fleabag series two, she gave me the most fantastic scene about menstruation and metaphors, which ripped through the internet and helped bring what people used to call female problems right into the front row, and even get laws changed.” The Women’s Prize for Playwriting was founded in 2019 to address gender inequality in theatre. Its organisers say women are under-represented as playwrights and in senior creative roles across the sector. Research published by The Stage in 2022 found that about three-quarters of writers working in UK theatre that year were men. A 2023 update from Sphinx Theatre...

Frank Brennan/iStock Editorial via Getty Images Thesis On one hand, we have a traditional automotive company, Toyota Motor Corporation (NYSE: TM ), with enormous scale and global presence, and on the other, we see a management that is moving methodically towards transforming into a software and services platform. This means that the company prioritizes profitability over impressiveness. Operating profit for the first nine months was ¥3,196.7 billion ($20.4 billion), but while this is a 13% y-o-y decline, the picture behind the number is much more interesting. The company absorbed ¥1,450 billion ($9.3 billion) in tariffs in the US. At the same time, it increased spending on people and technology by ¥410 billion ($2.6 billion). Despite that pressure, the Company achieved ¥745 billion ($4.8 billion) in performance improvements through lower costs, better commercial execution, and stronger value chain earnings. In my view, the new structure of the management sends a clear message. Kenta Kon takes over as CEO. Koji Sato moves to vice president and focuses on the industry as a whole. As I see it, Toyota wants to shape the future of Japan's automotive industry. The stock is perfect, at current levels, for an investor that wants automotive exposure with limited downside and substantial upside potential. Corporate Developments, Technology, And Strategic Direction The change in leadership that was announced in February 2026 acts as a strategic response to an environment that demands both internal efficiency and external industry-wide collaboration. Koji Sato served as President for three years. He is now moving into the role of Head of Industrial Relations and focusing his efforts on JAMA and Keidanren. Kenta Kon, the new CEO, comes from a finance background and most recently led Woven by Toyota. His selection, in my opinion, shows the priorities of the management, which is the strengthening of the company's profit-generating capacity through break-even improvement. Kon, with...

Key Points Fears of AI displacing software companies resulted in share price drops for ServiceNow and Salesforce. Salesforce saw 9% year-over-year revenue growth in the third quarter and raised its 2025 full-year sales forecast. ServiceNow's Q4 revenue rose 21% year over year, and the company expects 2026 sales to see further growth. 10 stocks we like better than ServiceNow › The technology industry remains a hot investment area in 2026 thanks to artificial intelligence (AI), but the situation is complicated for software stocks. Wall Street analysts predict some software companies will see their business models upended by AI, resulting in share price declines across the sector. For astute investors, this creates buy opportunities. You can scoop up shares of great businesses at attractive valuations. Two such companies are Salesforce (NYSE: CRM) and ServiceNow (NYSE: NOW). Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Wall Street's fears over the AI threat resulted in both Salesforce and ServiceNow shares reaching 52-week lows on Feb. 6, with the former sinking to $187.12 and the latter to $98.94. Here's why their stocks are worth considering, and which is the better investment choice. Salesforce's answer to the AI threat Salesforce is the leader in customer relationship management (CRM) software. Its platform helps salespeople and customer service reps manage their client base and sales processes. Yet AI's arrival means CRM software may become obsolete in the coming years. AI agents can independently perform many customer service functions, such as answering emails, which could eliminate the need for software solutions, including Salesforce. Given that possibility, Salesforce adapted quickly to the AI threat. The company assembled its own suite of AI agents and packaged the solutions under the Agentforce brand in 2024. Fast forward to Salesforc...

syahrir maulana/iStock via Getty Images Year to date in 2026, U.S. smallcap stocks represented by the iShares Core S&P Small-Cap ETF ( IJR ) have significantly outperformed largecap stocks tracked by the SPDR S&P 500 ETF Trust ( SPY ), marking a notable reversal after years of underperformance. IJR is up 10.9% , exceeding the larger SPY index, which moved up only 1.4% YTD. In light of this, b elow is a list of small-cap materials stocks ranked by their last price percentage versus the 200-day simple moving average (DSMA). The list features companies from the materials sector with small market capitalizations, screening for those trading above their 200-day moving average. The list is topped by LSB Industries ( LXU ), with a last price percentage vs 200DSMA of 19.23%. CVR Partners, LP Common Units ( UAN ) and Magnera ( MAGN ) are next, with IperionX ( IPX ) and Mesabi Trust ( MSB ) rounding out the rest of the top five. The top performers represent a variety of industries within the materials sector, including diversified chemicals, fertilizers and agricultural chemicals, paper products, diversified metals and mining, and steel. Compass Minerals International ( CMP ), which holds a Strong Buy Quant Rating of 4.70, ranks sixth on the list with a 13.40% premium to its 200-day moving average. Here is the list: LSB Industries ( LXU ), last price percentage vs 200DSMA: 19.23% CVR Partners, LP Common Units ( UAN ), last price percentage vs 200DSMA: 17.63% Magnera ( MAGN ), last price percentage vs 200DSMA: 16.11% IperionX ( IPX ), last price percentage vs 200DSMA: 15.61% Mesabi Trust ( MSB ), last price percentage vs 200DSMA: 14.26% Compass Minerals International ( CMP ), last price percentage vs 200DSMA: 13.40% Kronos Worldwide ( KRO ), last price percentage vs 200DSMA: 13.22% Koppers Holdings ( KOP ), last price percentage vs 200DSMA: 12.43% Tredegar ( TG ), last price percentage vs 200DSMA: 12.09% Itafos ( ITFS ), last price percentage vs 200DSMA: 10.57% More on small c...

Image source: The Motley Fool. Wednesday, February 11, 2026 at 10 a.m. ET CALL PARTICIPANTS Chief Executive Officer — Saumya Sutaria Chief Financial Officer — Sun Park TAKEAWAYS Consolidated Net Operating Revenues -- $21.3 billion in 2025, with $5.5 billion generated in the fourth quarter. -- $21.3 billion in 2025, with $5.5 billion generated in the fourth quarter. Adjusted EBITDA -- $4.566 billion for 2025, representing a 14% increase, with a full-year adjusted EBITDA margin of 21.4%, up 210 basis points; Q4 adjusted EBITDA reached $1.183 billion and margin held at 21.4%. -- $4.566 billion for 2025, representing a 14% increase, with a full-year adjusted EBITDA margin of 21.4%, up 210 basis points; Q4 adjusted EBITDA reached $1.183 billion and margin held at 21.4%. USPI Segment Performance -- Adjusted EBITDA grew 12% to $2.026 billion in 2025; Q4 USPI adjusted EBITDA up 9% year over year, with margins at 40.5% and same-facility revenues up 7.2% driven by net revenue per case growth of 5.5% and case volume growth of 1.6%. -- Adjusted EBITDA grew 12% to $2.026 billion in 2025; Q4 USPI adjusted EBITDA up 9% year over year, with margins at 40.5% and same-facility revenues up 7.2% driven by net revenue per case growth of 5.5% and case volume growth of 1.6%. Hospital Segment Performance -- Hospital adjusted EBITDA increased 16% to $2.54 billion in 2025; Q4 hospital adjusted EBITDA was $603 million, up 16% with revenue per adjusted admission rising 7.5% and adjusted admissions flat. -- Hospital adjusted EBITDA increased 16% to $2.54 billion in 2025; Q4 hospital adjusted EBITDA was $603 million, up 16% with revenue per adjusted admission rising 7.5% and adjusted admissions flat. Expense Management -- Salary, wages, and benefits dropped to 40.2% of net revenues in the quarter, a 110 basis point improvement; contract labor expense was 2.1% of SW&D costs. -- Salary, wages, and benefits dropped to 40.2% of net revenues in the quarter, a 110 basis point improvement; contract lab...

Karsten Leineke/iStock Editorial via Getty Images Siemens Energy ( SMEGF ) ( SMNEY ) +6.8% in Wednesday's trading to an all-time high of €163.40/share after reporting FQ1 net profit nearly tripled to €746M ($889M), driven by rising demand from data centers for gas turbines and grid equipment. The AI boom has helped lift Siemens Energy's ( SMEGF ) ( SMNEY ) stock more than 10x over the past two years, giving it a market value of €137B ($163B). Q1 net profit jumped to €746M from €252M in the year-earlier quarter, beating the €732M consensus in an LSEG analyst poll, while profit before special items surged to €1.16B from €481M a year ago, and profit margin before special items rose to 12% compared with 5.4% previously. Siemens Energy ( SMEGF ) ( SMNEY ) said momentum remains strong, with Q1 orders up by more than 30% Y/Y to €17.61B ($20.95B) and its order backlog at a record €1146B. Last week , the company said it will invest $1B in the U.S., its largest single market, to expand production capacity for gas turbines and grid products; the U.S. accounted for 40% of the company's gas turbine orders in Q1. The move is meant to help alleviate bottlenecks in the supply chain, with gas turbines ordered today often not delivered until closer to the end of the decade, CEO Christian Bruch told Bloomberg. Siemens Energy ( SMEGF ) ( SMNEY ) also maintained guidance for FY 2026 adjusted revenue growth of 11%-13%, profit margin before special items of 9%-11%, and net profit of €3B-€4B. With a strong quarter and continued order momentum, Siemens Energy's ( SMEGF ) ( SMNEY ) guidance "now looks conservative," RBC Europe analysts said in a note. More on Siemens Energy Siemens Energy Q1 2026 Earnings Call Transcript Siemens Energy Q1 2026 Earnings Call Presentation Siemens Energy: Fundamentals Are A Lot More Solid Than I Thought

Source: Bloomberg, 10:43

georgeclerk/iStock Unreleased via Getty Images Samsung Electronics ( SSNLF ) Chief Technology Officer Song Jai-hyuk said that the insatiable demand for memory related to artificial intelligence infrastructure will continue through at least the end of 2027, according to The Korea Herald . Song made the comments during his keynote address at the Semicon Korea 2026 tech show in Seoul on Wednesday. The South Korean company's sixth-generation HBM4 has received "very satisfactory" feedback as it prepares for mass production shipments this month, the report said. Samsung is slated to supply HBM4 for Nvidia's ( NVDA ) new AI-accelerator system, the Vera Rubin. SK hynix ( HXSC.F ) is expected to provide some HBM4 supply for the Vera Rubin as well. Samsung's HBM4 chips reach data transfer speeds of 11.7 gigabytes per second, which is more than the 11 Gbps required by Nvidia. The company is already busy developing its HBM5 memory chips, the report said. It is focused on its vertically integrated zHBM and hybrid copper bonding technology as well. These are expected to increase bandwidth while reducing power usage. The growth of AI infrastructure is becoming increasingly tied to memory and packaging. "Memory and packaging are no longer supporting roles," said Clark Tseng, senior director of market intelligence at Semi, according to the report. "They are now critical to how fast AI infrastructure can scale." South Korea's annual fab investment is projected to reach $40B over the next two years as global semiconductor revenue and AI-related capex each surpass $1T by 2027, according to Semi. The U.S.-based memory maker Micron Technology ( MU ) was up 6% during Wednesday trading. The company is already sold out of its HBM supply for 2026. More on Samsung Electronics Samsung Electronics Co., Ltd. (SSNLF) Q4 2025 Earnings Call Transcript Samsung Electronics Co., Ltd. 2025 Q4 - Results - Earnings Call Presentation Samsung: Memory Is Booming And Looks Set To Continue OpenAI, Samsung, SK...

When these projected cash flows are discounted back to today, the model arrives at an estimated intrinsic value of US$52.09 per share, compared with the recent share price of US$28.35. That gap implies JD.com screens as around 45.6% undervalued on this DCF view. For JD.com, the model used is a 2 Stage Free Cash Flow to Equity approach, based on cash flow projections in CN¥. The latest twelve month free cash flow is a loss of CN¥232.8m. Looking ahead, analysts and extrapolations combine to project free cash flow reaching CN¥42.9b in 2035, with interim estimates such as CN¥41.4b in 2026 and CN¥54.5b in 2027. Simply Wall St uses analyst estimates where available and then extends the pattern to cover a full 10 year period. A DCF model estimates what a company might be worth by projecting its future cash flows and discounting them back to today, so you can compare that estimate with the current share price. On our simple 6 point valuation checklist, JD.com scores a 5, indicating it screens as undervalued on most of the checks we run. You can see the full breakdown in its valuation score of 5/6 . Next we will walk through the main valuation approaches behind that number and finish with a more complete way to frame JD.com’s value. Recent headlines around JD.com have focused on its position within Chinese e commerce and how sentiment toward Chinese tech stocks has been shifting. This gives some context to the extended share price weakness. Broader discussions about regulation, competition and consumer trends in China have kept JD.com in focus for investors trying to understand whether the current price reflects caution or opportunity. At the latest close of US$28.35, JD.com has a mixed performance record, with a 1.1% gain over the last 7 days but declines of 3.7% over 30 days, 4.0% year to date and 28.5% over 1 year, extending to a 41.9% decline over 3 years and 69.9% over 5 years. If you are wondering whether JD.com shares are priced attractively today, you are not alone. ...

Galeanu Mihai/iStock via Getty Images Energy, basic materials, and defensive consumer stocks are in. Tech and financials are out. That, at least, is Mr. Market’s view so far in 2026, based on a set of US equity sector ETFs through yesterday’s close (Feb. 10). Stocks in the energy patch continue to lead the field by a solid margin. The SPDR S&P Energy ETF ( XLE ) is up nearly 20% year to date. In addition to leading the other equity sectors, dramatically so in several cases, these shares have also left the broad stock market in the dust in 2026’s early going, based on the SPDR S&P 500 ( SPY ), which is up just 1.5% this year. Following a lackluster performance in 2025, Big Oil and other energy stocks are roaring. One theory is that the Venezuela factor lit a fire for expectations. Following the removal of the country’s leader, Nicolás Maduro, by US forces on Jan. 3, the energy sector has been on a tear. Coincidence? Maybe, although energy bulls argue that investors anticipate that a new governing regime in Venezuela could enable US companies to resume work on rebuilding the country’s oil infrastructure, creating new business opportunities in the process. The degree of opportunity remains debatable, but market sentiment for now seems to be leaning into the possibilities. Skeptics note that Venezuela’s political environment is historically volatile, and even under the best of circumstances, it will take years for Venezuela to recover its energy output mojo. Another risk: Companies may hesitate until they see durable legal protections. Exxon Mobil’s ( XOM ) CEO last month told President Trump that Venezuela is “uninvestable” and the needs to transition to democracy before energy firms can rationalize investing in the nation’s degraded oil industry. Posting a strong second-place performance this year: stocks in the materials sector ( XLB ). Holding a portfolio of mining stocks and other firms that focus on basic materials and chemicals, XLB has surged nearly 17% this yea...

Olivier Le Moal/iStock via Getty Images Ready Capital Corp. ( RC ) has been partially liquidating over the last two years to raise cash needed to pay 2026 maturing debt. This REIT is highly leveraged with secured notes and corporate debt totaling $8.20 per share compared to the latest $1.94 RC price. Recent negative SBA news and reports of new lower prices for their Ritz condos are negatively impacting the stock price. This comes after the quarterly dividend was cut to $0.01 in December. I rate RC a sell. Stock Repurchases - Bad Idea One of the reasons why, in my opinion, Ready Capital is in such a difficult financial situation is because of their irrationally large stock repurchases over the last few years. They used $215.6 million in cash to repurchase about 31.3 million shares at an average price of $6.89 compared to the latest $1.94 stock price. The average repurchase price was $10.45 in 2022, $10.89 in 2023, $8.00 in 2024, and $4.48 in the first nine months of 2025. I think that they should have used this cash to reduce their debt. Now they have serious refinancing issues of $649.3 million debt that matures this year. Effectively, they borrowed money at 9.375%, which was the rate for $220 million in new secured notes issued in February 2025, to repurchase stock These stock repurchases are a serious yellow flag for a highly leveraged company, in my opinion. Too often I have seen companies have large stock repurchase programs that were followed by bankruptcy. For example, Bed Bath & Beyond had a very large cash position that was used to repurchase massive amounts of stock, and within a couple of years, they completely liquidated in bankruptcy. The same thing for Big Lots. Latest SBA Developments Could Be Bad for Ready Capital Within the last week, there have been new major developments regarding SBA lending. First, as of March 1, only US citizens will be eligible to get SBA funding. Green card holders will no longer be eligible to get SBA funding. Second, the SBA...

Sir Demis Hassabis, the recently minted Nobel laureate and CEO of Google DeepMind, believes humanity is standing on the precipice of a “new golden era of discovery.” But reaching this utopia will require navigating a turbulent transition period—a decade-long sprint that Hassabis describes as a necessary disruption for the $3.9 trillion tech giant he helps lead. Speaking to Fortune Editor-in-Chief Alyson Shontell on the Fortune 500: Titans and Disruptors of Industry podcast, Hassabis offered a vision of the future defined by “radical abundance.” It is a world where artificial intelligence has successfully bottled the scientific method to solve the planet’s most intractable problems. “In 10, 15 years’ time, we’ll be in a kind of new golden era of discovery that [is] a kind of new renaissance,” Hassabis predicted. In this near future, he predicted that “medicine won’t look like it does today,” with AI enabling personalized treatments and curing major diseases. Beyond health, he said he foresees AI unlocking new materials to solve the energy crisis through fusion or solar breakthroughs, eventually allowing humanity to “travel the stars and … explore the galaxy”. However, the path to the stars is paved with what Hassabis identifies as a “classic innovator’s dilemma” here on Earth. For Google, the company that organized the world’s information, the rise of generative AI represents an existential pivot point. To build the future, the company must risk disrupting its own core search business. “If we don’t disrupt ourselves, someone else will,” Hassabis said. “You’re better off… doing it on your terms.” DeepMind’s big reorg This philosophy drove a massive internal reorganization in 2023, sparked by the rise of competitors such as OpenAI’s ChatGPT. Google merged its two world-class research units, Google Brain and DeepMind, into a single entity under Hassabis’ leadership. “Bringing the two groups together and trying to combine the best of both cultures has been great,” Hassab...

格隆汇2月12日｜谷歌在搜索和Gemini聊天机器人中推出AI购物功能。

耐克 预计，随着加快推出新款鞋类和服装产品，并加大对体育领域的投入，其批发业务将在全球范围内加速增长。 首席执行官Elliott Hill表示，耐克已在北美重新赢得零售合作伙伴的青睐，同时已经制定了合适的战略并配备了相应的领导团队，准备在其他市场实现同样的目标。 “我们拥有同一批消费者，他们希望能够买到我们的品牌，”Hill在采访中谈及零售伙伴时表示，“当我们为零售商带来增 长和 盈利能力时，我们才能赢得市场份额。” Hill正试图向投资者表明，他的转型举措将为这家全球最大的运动服饰公司带来成效。耐克此前将重心转向自营渠道，疏远了零售合作伙伴，导致大批资深粉丝转投 阿迪达斯 、On Holding AG及Hoka等竞争对手，公司陷入历史性下滑。批发业务占耐克营收的约60%。 执掌公司的第二年，Hill在修复与零售合作伙伴关系方面已取得一定进展，同时也为耐克的专业运动产品注入了新的活力，尤其是在跑步、篮球和足球领域。尽管如此，在提振市场增长动力以及重塑陷入困境的匡威品牌方面，他仍面临着一场硬仗。 Hill在米兰冬奥会期间接受采访时提到，户外领域是耐克关注的重点，从美国到欧洲再到中国，消费者需求蕴含巨大潜力。 过去一年，耐克股价下跌约12%，较2021年高点已回落逾一半。这一表现大体与同行相当，尽管阿迪达斯和On展现出令人瞩目的增长和盈利能力，但在赢得投资者青睐方面同样面临挑战。 责任编辑：李桐

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Posts from this author will be added to your daily email digest and your homepage feed. OpenAI officially launched its advertising pilot in ChatGPT, leaving us with a better idea of the kinds of products we might see stuffed beneath our conversations with the AI chatbot. Several companies have announced plans to show ads inside ChatGPT — placements that will reportedly cost them a pretty penny — ranging from major retailers like Target to automakers like Ford and Mazda. You’ll only see ads in ChatGPT if you’re a free user or subscribed to its cheaper $8 / month Go plan. OpenAI has said it will “clearly” label the ads and that they won’t influence ChatGPT’s response. Here are all the brands that we know are partnering with OpenAI so far. Target Target says in an announcement that it will use ads in ChatGPT to help users “discover products, deals and inspiration that meet what they’re seeking at that moment.” It notes that ads will appear based on keywords that appear in a user’s ChatGPT prompt. As an example, Target says someone using ChatGPT to look for “countertop cooking appliances that make everyday meals more convenient” might see an ad for an air fryer from Target. Adobe Adobe is planning to show ads for its AI-powered document editor, Acrobat Studio, and its AI video and image generator, Adobe Firefly, in ChatGPT. It’s positioning the partnership as a way to “better understand how ads can provide helpful, relevant experiences” as it ramps up its own platform designed to help advertisers show up in AI search results. Williams-Sonoma You might see ads for Williams-Sonoma’s range of housewares, kitchenware, furniture, and other products, too. The company says it’s going to explore how ads in ChatGPT will help “surface relevant, high-quality products” at “decision-making moments.” Audible It looks like ChatGPT’s ads wo...