Image source: The Motley Fool. Wednesday, Feb. 11, 2026 at 11 a.m. ET CALL PARTICIPANTS Chief Executive Officer — Mark Manheimer Chief Financial Officer — Daniel Donlan Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Record Gross Investments -- $245.4 million in the quarter and $657.1 million for the year at a blended cash yield of 7.5% and weighted average lease terms o...
Image source: The Motley Fool. Wednesday, Feb. 11, 2026 at 11 a.m. ET CALL PARTICIPANTS Chief Executive Officer — Mark Manheimer Chief Financial Officer — Daniel Donlan Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Record Gross Investments -- $245.4 million in the quarter and $657.1 million for the year at a blended cash yield of 7.5% and weighted average lease terms of fifteen years (quarter) and thirteen point nine years (year). -- $245.4 million in the quarter and $657.1 million for the year at a blended cash yield of 7.5% and weighted average lease terms of fifteen years (quarter) and thirteen point nine years (year). Dispositions -- Sold 76 properties in 2025 totaling $178.6 million at a 6.9% cash yield, with all tenants brought below 5% of ABR, and expects materially fewer sales in 2026 focused on opportunistic dispositions and risk mitigation. -- Sold 76 properties in 2025 totaling $178.6 million at a 6.9% cash yield, with all tenants brought below 5% of ABR, and expects materially fewer sales in 2026 focused on opportunistic dispositions and risk mitigation. Tenant Diversification -- Added 15 new tenants in the quarter and 31 throughout the year; ended with 129 tenants across 28 industries in 45 states, and plans to add five to six new tenants per quarter going forward. -- Added 15 new tenants in the quarter and 31 throughout the year; ended with 129 tenants across 28 industries in 45 states, and plans to add five to six new tenants per quarter going forward. Investment-Grade Exposure -- 58.3% of total ABR is from investment-grade or investment-grade profile tenants, with observed downward drift due to more attractive risk-adjusted returns among non-rated tenants. -- 58.3% of total ABR is from investment-grade or investment-grade profile tenants, with observed downward drift due to more attractive risk-adjusted returns among non-rated tenants. Portfolio Credit Metrics -- Achieved portfolio weighted average unit-level rent coverag...
Baker Hughes Co. is exploring a potential sale of its Waygate Technologies unit, which provides industrial testing and inspection equipment, people with knowledge of the matter said. The world’s second-biggest oilfield contractor is working with advisers to study a possible divestment of the Waygate business, which could fetch around $1.5 billion, according to the people. A sale process could kick...
Baker Hughes Co. is exploring a potential sale of its Waygate Technologies unit, which provides industrial testing and inspection equipment, people with knowledge of the matter said. The world’s second-biggest oilfield contractor is working with advisers to study a possible divestment of the Waygate business, which could fetch around $1.5 billion, according to the people. A sale process could kick off in the next few months and attract interest from private equity firms, the people said, asking not to be identified because the information is private. Deliberations are ongoing and there’s no certainty they will lead to a transaction, the people said. A representative for Baker Hughes declined to comment. Waygate, based in Hürth, Germany, makes radiographic testing systems, industrial CT scanners, remote visual inspection machines and ultrasonic testing devices. It operates in more than 80 countries and is known for brands including Krautkrämer, phoenix|x-ray, Seifert, Everest and Agfa NDT. The company was started in 2004 as GE Inspection Technologies. It’s been under the current ownership since 2017, when General Electric Co. combined its oil and gas division with Baker Hughes in a $32 billion deal. Baker Hughes is selling the non-core asset after agreeing last year to buy industrial equipment maker Chart Industries Inc. for about $9.6 billion in one of its biggest-ever acquisitions. Chief Executive Officer Lorenzo Simonelli said in October last year that Baker Hughes is undertaking a “comprehensive evaluation” of its capital allocation focus following the Chart deal in order to boost shareholder value. The pending sale would join other sizeable corporate divestments in Europe. Volkswagen AG has launched the sale of a majority stake in its heavy diesel engine maker Everllence, while Continental AG is selling its Contitech business. Germany Fires Up M&A Engine for Lightning $26 Billion Start Blackstone, Yanmar Are Said to Consider Bids for VW’s Everllence Bankers Prep...
massimo1g/iStock Editorial via Getty Images Investment Thesis I reiterate the recommendation to “Hold” TIM S.A. ( TIMB ) shares after the release of the fourth quarter results. This article is the continuation of my coverage start thesis published on May 14, 2024, and my last article about the company was published on May 15, 2025. In this article, I intend to address the good results released by ...
massimo1g/iStock Editorial via Getty Images Investment Thesis I reiterate the recommendation to “Hold” TIM S.A. ( TIMB ) shares after the release of the fourth quarter results. This article is the continuation of my coverage start thesis published on May 14, 2024, and my last article about the company was published on May 15, 2025. In this article, I intend to address the good results released by the company and connect them with my investment thesis. After all, just good results are not necessary to buy a share; it is necessary to analyze the competitive scenario, upside, and other attributes. Corporate Profile The company was founded in 1995 after dividing the activities of Telecom Italia. Today, TIM is the third-largest telecommunications company in Brazil, behind Vivo and Claro. The company has more than 1,000 stores, 9,000 employees, a base of more than 62 million customers, and a 22.9% market share. The company's core business is mobile cell phone plans. Operating Data (IR Company) Analysis Of Results TIM Brasil reported its 4th quarter results on Feb. 10, 2026, and as we can see below, the results exceeded market expectations. Below I will comment on each segment of the result in detail. Latest Quarter's Earnings (SA) It is worth remembering that the company is Brazilian and reports results in local currency. Therefore, I will convert the values considering 1 USD = 5.20 BRL. Net Revenue: Mobile Is Highlight TIM's net revenue reached $1.33 billion (+4.4% YoY and +3.1% QoQ). Revenue from mobile services increased 4.8%. The big highlight was revenue from mobile services, which reached $1.21 billion (+4.8% YoY). Revenue (IR Company) This good performance in revenues is due to postpaid plans, whose adjustment exceeds inflation. TIM reached the end of 2025 with a total of 61.9 million mobile internet customers, a stable number compared to the end of 2024. Although TIM Brasil has reported good revenue numbers, my concern with the operation for a long time has been...
Mips AB (publ) press release ( MPZAF ): FY GAAP EPS of SEK4.53. Revenue of SEK533M (+10.4% Y/Y). More on Mips AB (publ) Mips AB (publ) (MPZAY) Q4 2025 Earnings Call Transcript Mips AB (publ) (MPZAY) Shareholder/Analyst Call Transcript Mips AB (publ) (MPZAY) Shareholder/Analyst Call - Slideshow Seeking Alpha’s Quant Rating on Mips AB (publ) Historical earnings data for Mips AB (publ)
Mips AB (publ) press release ( MPZAF ): FY GAAP EPS of SEK4.53. Revenue of SEK533M (+10.4% Y/Y). More on Mips AB (publ) Mips AB (publ) (MPZAY) Q4 2025 Earnings Call Transcript Mips AB (publ) (MPZAY) Shareholder/Analyst Call Transcript Mips AB (publ) (MPZAY) Shareholder/Analyst Call - Slideshow Seeking Alpha’s Quant Rating on Mips AB (publ) Historical earnings data for Mips AB (publ)
We recently published 9 Stocks Jim Cramer Talked About. Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks that Jim Cramer talked about. Technology giant Alphabet Inc. (NASDAQ:GOOGL) has become one of Cramer’s top stocks over the past couple of months. His shift in tone is quite stark, as at the start of 2025, the CNBC TV host was wary of the company due to its woes with the Justice Department. Alp...
We recently published 9 Stocks Jim Cramer Talked About. Alphabet Inc. (NASDAQ:GOOGL) is one of the stocks that Jim Cramer talked about. Technology giant Alphabet Inc. (NASDAQ:GOOGL) has become one of Cramer’s top stocks over the past couple of months. His shift in tone is quite stark, as at the start of 2025, the CNBC TV host was wary of the company due to its woes with the Justice Department. Alphabet Inc. (NASDAQ:GOOGL)’s shares are up by 70.5% over the past year and flat year-to-date. Citizens maintained a Market Outperform rating and a $385 share price target on the firm in February. Artificial intelligence was at the heart of the coverage as the firm pointed out that Alphabet Inc. (NASDAQ:GOOGL)’s competence with Gemini was enabling the company to expand its total addressable market in the search engine space. Roth/MKM raised the share price target to $395 from $365 and kept a Buy rating. It pointed out that Alphabet Inc. (NASDAQ:GOOGL)’s third quarter earnings saw the firm beat estimates across search engine, cloud computing, and subscription segments. Like Roth, Cramer is also impressed by the earnings report: “I really want to buy Alphabet out of this, because Alphabet has, better, man you know they have a better backlog. Alphabet's (GOOGL) Value "Is Just Awesome," Says Jim Cramer “But I want to buy Alphabet, because they are, they have this, this backlog, you know the performance obligations, they’re catching up, it’s huge. I was surprised, Alphabet’s on fire, for cloud, on fire, it’s terrific. While we acknowledge the potential of GOOGL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, 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.
We recently published 9 Stocks Jim Cramer Talked About. Marvell Technology, Inc. (NASDAQ:MRVL) is one of the stocks that Jim Cramer talked about. Marvell Technology, Inc. (NASDAQ:MRVL) is a chip company that provides products such as signal processors, network adapters, and SoCs. Its shares are down by 27% over the past year and by 8.3% year-to-date. Several analysts have discussed the stock in Fe...
We recently published 9 Stocks Jim Cramer Talked About. Marvell Technology, Inc. (NASDAQ:MRVL) is one of the stocks that Jim Cramer talked about. Marvell Technology, Inc. (NASDAQ:MRVL) is a chip company that provides products such as signal processors, network adapters, and SoCs. Its shares are down by 27% over the past year and by 8.3% year-to-date. Several analysts have discussed the stock in February. For instance, Benchmark reiterated a Hold rating after Marvell Technology, Inc. (NASDAQ:MRVL) completed its acquisition of Celestial AI. RBC Capital reiterated an Outperform rating and a $105 share price target in January as well. RBC’s discussion of Marvell Technology, Inc. (NASDAQ:MRVL) surrounded cloud computing giant Amazon’s AWS cloud business. The investment bank pointed out that Celestial’s products could be used by Amazon and help Marvell Technology, Inc. (NASDAQ:MRVL) secure a share of the cloud company’s Trainium chip business. These AI chips were also on Cramer’s mind as he wondered why the stock was performing poorly: “You wanna buy Marvell, cause Marvell is their training, Marvell, you just go buy Marvell, give me a hundred thousand Marvell. . . Jim Cramer Discusses Marvell (MRVL) & Amazon Copyright: andreykuzmin / 123RF Stock Photo “But I want to remind people that most of what Andy Jassy the CEO of Amazon was talking about yesterday, was how great his Trainium is. And the Trainium chip, that’s a Marvell, is their partner. Marvell is only up 6%. It is down 7% for the year. I would buy Marvell even up here. That’s Matt Murphy doing a fantastic job, he’s their partner, I don’t understand why it’s not up more.” While we acknowledge the potential of MRVL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best shor...
Key Points Amazon's stock fell on its capex plans. The company is currently hitting highs, led by strong cloud computing growth. Meanwhile, the stock has fallen to a very attractive valuation. 10 stocks we like better than Amazon › Amazon (NASDAQ: AMZN) shares sank despite the company reporting strong fourth-quarter results, as it will invest aggressively in its Amazon Web Services (AWS) cloud com...
Key Points Amazon's stock fell on its capex plans. The company is currently hitting highs, led by strong cloud computing growth. Meanwhile, the stock has fallen to a very attractive valuation. 10 stocks we like better than Amazon › Amazon (NASDAQ: AMZN) shares sank despite the company reporting strong fourth-quarter results, as it will invest aggressively in its Amazon Web Services (AWS) cloud computing business. The stock is now down more than 10% year to date. However, my prediction is that this dip will be a great buying opportunity for long-term investors and that the stock will end the year higher. Let's take a closer look at the e-commerce giant's latest results and prospects, and why the stock looks like a buy. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » AWS growth accelerates AWS is both Amazon's largest segment by profitability and its fastest-growing. The segment saw its revenue growth accelerate in the quarter, with AWS revenue climbing 24% to $35.58 billion. It was the fastest pace of growth in more than three years for AWS, and ahead of the $34.93 billion revenue consensus as compiled by StreetAccount. AWS' operating income, meanwhile, rose 18% to $12.5 billion. Amazon credited the growth to strong demand for artificial intelligence (AI) infrastructure, but also said that core non-AI workloads were stronger than expected. It called out its AI solutions as also helping drive growth, saying Bedrock spending surged 60% sequentially. It also said it is seeing strong demand for its custom Trainium chips and expects commitments for the chips to be sold out by mid-year. Like other hyperscalers, Amazon decided to greatly ramp up its capital expenditure (capex) spending for 2026, with plans to take it from $132 billion in 2025 to $200 billion this year. Much of this will go toward AI data ...
Joby Aviation (NYSE: JOBY) is approaching a defining moment as FAA certification and a Dubai launch could unlock enormous upside. If the company executes, this stock could reshape urban mobility and reward long-term investors willing to accept the risk. Stock prices used were the market prices of Jan. 30, 2026. The video was published on Feb. 6, 2026. Will AI create the world's first trillionaire?...
Joby Aviation (NYSE: JOBY) is approaching a defining moment as FAA certification and a Dubai launch could unlock enormous upside. If the company executes, this stock could reshape urban mobility and reward long-term investors willing to accept the risk. Stock prices used were the market prices of Jan. 30, 2026. The video was published on Feb. 6, 2026. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Should you buy stock in Joby Aviation right now? Before you buy stock in Joby Aviation, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Joby Aviation wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $443,353!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,155,789!* Now, it’s worth noting Stock Advisor’s total average return is 920% — a market-crushing outperformance compared to 196% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. See the 10 stocks » *Stock Advisor returns as of February 11, 2026. Rick Orford has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Rick Orford is an affiliate of The Motley Fool and may be compensated for promoting its services. Ifyou choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool. The...
We recently published 9 Stocks Jim Cramer Talked About. Amazon.com, Inc. (NASDAQ:AMZN) is one of the stocks that Jim Cramer talked about. Amazon.com, Inc. (NASDAQ:AMZN)’s shares are down by 9.8% over the past year and by 7% year-to-date. DA Davidson cut the stock’s rating to Neutral from Buy and the share price target to $175 from $300 in February. The financial firm outlined that Amazon.com, Inc....
We recently published 9 Stocks Jim Cramer Talked About. Amazon.com, Inc. (NASDAQ:AMZN) is one of the stocks that Jim Cramer talked about. Amazon.com, Inc. (NASDAQ:AMZN)’s shares are down by 9.8% over the past year and by 7% year-to-date. DA Davidson cut the stock’s rating to Neutral from Buy and the share price target to $175 from $300 in February. The financial firm outlined that Amazon.com, Inc. (NASDAQ:AMZN)’s cloud computing division, Amazon Web Services, was facing tight competition from rivals Microsoft and Alphabet. DA Davidson pointed out that the AWS growth, while in the double-digit percentages, nevertheless lacked that of its peers by a wide margin. Scotiabank also cut Amazon.com, Inc. (NASDAQ:AMZN)’s share price target in February. The firm reduced the target price to $275 from $300 and kept a Sector Outperform rating on the stock. Like DA Davidson, AWS was also on the bank’s mind as it pointed out that it would have to readjust estimates linked to the cloud business growth. Unsurprisingly, after Amazon.com, Inc. (NASDAQ:AMZN)’s earnings, AWS was also on Cramer’s mind as he deep dived into the stock: “Well the custom chips was a good discussion because they didn’t necessarily, they didn’t think that they threw NVIDIA under the bus, but, some Marvell chip that they’re using and it’s cheaper. And they do say that the big gating factor in profit is how much they have to pay and that’s a slap at NVIDIA. They may not think so. Look I think the problem is this, the cash flow is not there to do this. So then you go back to the old days, where they had to borrow a lot of money to do what they do. And I just don’t know how much they’re going to totally borrow. I mean, look David, when I spoke to them after, the way I feel about is, do we really have to do this? And they say you’re looking at it wrong, we make money the moment we turn it on. And then I say, well how do you know you’re able to do that? And they say, well listen, if we’re not able to do it, then we ...
hapabapa/iStock Editorial via Getty Images The Goodyear Tire & Rubber Company ( GT ) reported the company’s Q4 results on the 9 th of February. The tire manufacturer’s extensive cost savings program and improved pricing showed clear results in the quarter’s financials, even though the market environment has been volatile. A challenging industry backdrop sets weak expectations for Q1, though, makin...
hapabapa/iStock Editorial via Getty Images The Goodyear Tire & Rubber Company ( GT ) reported the company’s Q4 results on the 9 th of February. The tire manufacturer’s extensive cost savings program and improved pricing showed clear results in the quarter’s financials, even though the market environment has been volatile. A challenging industry backdrop sets weak expectations for Q1, though, making the 2026 outlook volatile and causing the stock to plummet by -14%. I believe that the negative post-earnings reaction was justified. I upgraded my rating to Hold in my previous June 2025 article on the stock, titled “ Goodyear: Tariff Advantage Adds A Lifeline. ” The stock has since lost -24% of its value, losing to the S&P 500’s ( SP500 ) 15% gain. My Rating History on GT (Seeking Alpha) Goodyear Q4 Review: Good Resilience in a Challenging Environment Goodyear’s financials for the fourth quarter were fairly good, reflecting a good overall sales performance and good cost reductions in a challenging market environment. The company reported sales of $4.92 billion, even showing fairly good 4% growth on an organic basis when accounting for previous divestments. Sold tire volume declined by -3% to 42.3 million, but revenues were held stable by improved pricing. The topline result beat Wall Street’s consensus by $63 million. GT Q4'25 Investor Presentation Goodyear noted in the earnings call that the consumer environment has remained volatile in the U.S. market and that there was higher sell-in discounting across the industry for the quarter; the industry backdrop clearly didn’t support Goodyear during Q4. Weaker consumer confidence seems to have weighed on tire sales as consumers are cautious to replace tires, reflected in Goodyear’s -3.9% unit sales decline in the Americas. Goodyear notes that the company has managed to capture market share in the U.S. consumer business, though—the underlying performance was still good while the market is facing a more challenging period. Goo...
Image source: The Motley Fool. Wednesday, February 11, 2026 at 11 a.m. ET CALL PARTICIPANTS Chief Executive Officer — Ujjaval Desai Chief Financial Officer — Dan Fabian Moderator — Julie Smith TAKEAWAYS Net Investment Income (NII) -- $9 million, or $0.44 per share, with a shortfall versus common distributions due to loan spread compression, higher CLO liability costs, and lower excess credit for e...
Image source: The Motley Fool. Wednesday, February 11, 2026 at 11 a.m. ET CALL PARTICIPANTS Chief Executive Officer — Ujjaval Desai Chief Financial Officer — Dan Fabian Moderator — Julie Smith TAKEAWAYS Net Investment Income (NII) -- $9 million, or $0.44 per share, with a shortfall versus common distributions due to loan spread compression, higher CLO liability costs, and lower excess credit for equity holders. -- $9 million, or $0.44 per share, with a shortfall versus common distributions due to loan spread compression, higher CLO liability costs, and lower excess credit for equity holders. Distributions Paid -- $0.75 per share, exceeding net investment income for the period. -- $0.75 per share, exceeding net investment income for the period. Net Realized Loss -- $1.1 million, or $0.05 per share, on exited investments; additionally, $51.8 million of unrealized losses on investments were recorded. -- $1.1 million, or $0.05 per share, on exited investments; additionally, $51.8 million of unrealized losses on investments were recorded. Net Asset Value (NAV) per Share -- $14.02 at quarter end, a decline from $16.91 at prior quarter, driven primarily by mark-to-market weakness in CLO equity valuations as market buyers withdrew. -- $14.02 at quarter end, a decline from $16.91 at prior quarter, driven primarily by mark-to-market weakness in CLO equity valuations as market buyers withdrew. Total Assets -- $474.7 million at period end. -- $474.7 million at period end. Net Assets -- $287.9 million as of December 31, 2025. -- $287.9 million as of December 31, 2025. Expense Level -- Total expenses were $9 million for the reported quarter. -- Total expenses were $9 million for the reported quarter. Fair Value of Investment Portfolio -- $473.5 million at the end of the period. -- $473.5 million at the end of the period. Available Liquidity -- $525,000 in cash at quarter end. -- $525,000 in cash at quarter end. Outstanding Debt -- Represents 39% of total assets as of December 31,...
Ukraine warned that the three nuclear plants remaining under its operational control are close to their last line of safety buffers after Russian strikes degraded key power supplies. Kyiv’s ambassador to the International Atomic Energy Agency told diplomats this week that additional Russian strikes against electricity substations will disconnect its remaining nuclear reactors from the power grid. ...
Ukraine warned that the three nuclear plants remaining under its operational control are close to their last line of safety buffers after Russian strikes degraded key power supplies. Kyiv’s ambassador to the International Atomic Energy Agency told diplomats this week that additional Russian strikes against electricity substations will disconnect its remaining nuclear reactors from the power grid. “Any further degradation of transmission infrastructure would significantly increase the likelihood of nuclear power plants having to rely on emergency diesel generators to maintain essential safety functions, thereby elevating the overall nuclear risk profile,” Ukraine’s embassy wrote in a diplomatic note circulated Wednesday in Vienna. Months of Kremlin strikes have not only left millions of Ukrainians to endure winter without steady lighting and heat, they’ve also elevated the potential for a nuclear accident. That’s because nuclear generation — unlike fossil fuel or renewable power plants — needs a constant flow of electricity to keep safety systems running. Without it, there’s a risk the fuel inside a reactor’s core can overheat, potentially resulting in a dangerous release of radiation. Diesel generators are the last line in defense in depth plans to maintain nuclear safety. Most stations maintain fuel stockpiles to ensure several weeks of operation if off-site power is lost. Russian air strikes on Feb. 7 forced Ukraine’s nine reactors in operation to reduce power because of damage to the grid. Six additional reactors at the Russian-occupied Zaporizhzhia nuclear plant have already been shutdown. Last month, IAEA diplomats convened an emergency meeting to assess Ukraine’s deteriorating nuclear safety. The prospect of a nuclear accident is at “the very precipice of becoming a reality,” said Dutch Ambassador Peter Potman, who called for the extraordinary session. Electricity substations maintain their stability by regulating high-voltage transmission on the grid. While U...
Robert Way/iStock Editorial via Getty Images Nearly 100% Capex Growth in FY2026 Over the past few months, we've seen strong multiple expansion in Alphabet's ( GOOG , GOOG:CA , GOOGL ) stock. Even though the market is flashing valuation concerns on big AI names, I don't think GOOGL is running ahead of itself. The stock was punished recently despite solid 4Q FY2025 earnings. The selloff was likely d...
Robert Way/iStock Editorial via Getty Images Nearly 100% Capex Growth in FY2026 Over the past few months, we've seen strong multiple expansion in Alphabet's ( GOOG , GOOG:CA , GOOGL ) stock. Even though the market is flashing valuation concerns on big AI names, I don't think GOOGL is running ahead of itself. The stock was punished recently despite solid 4Q FY2025 earnings. The selloff was likely driven by many factors, such as prior overbought levels, weak market sentiment, and, most importantly, the aggressive FY2026 capex outlook. In my previous 3Q FY2025 earnings analysis , I explained why GOOGL outperformed the rest of the Magnificent 7 during market pullbacks last year. I mainly discussed three factors: strong FCF growth, improving Google Cloud performance (both growth and margin), and a stable capex to total revenue ratio. Therefore, the stock's quality was solid, justifying higher valuation. On a last 12 months basis (TTM), GOOGL is the only hyperscaler that has generated positive FCF growth. Meta ( META ), Microsoft ( MSFT ), and Amazon ( AMZN ) are all suffering from TTM FCF declines. Google Cloud has reached the fastest YoY growth among the three hyperscalers in recent quarters. Moreover, its operating margin continues to expand strongly, compared to contractions at AWS and MSFT's Intelligent Cloud (Azure is a big part of Intelligent Cloud, but the company doesn't disclose its margin). Bloomberg GOOGL guided $180 billion capex for FY2026, nearly doubling from $91.4 billion in FY2025, so FCF would face significant headwind. The company doesn't provide FY2026 revenue guidance, but the Seeking Alpha consensus is $467.2 billion, which implies a 38.5% of "capex as a percentage of total revenue" for FY2026, a sharp increase from 22.7% in FY2025. However, I believe some debt financing is likely. Therefore, the capex ratio could be much lower than 38.5%. We've seen Google Cloud grow faster than Azure and AWS, supporting a premium valuation. AI capabilities have be...
Yes, there has been a shocking lack of progress in developing transformative psychiatric medicine (We need new drugs for mental ill-health, 5 February), but this may be because in mental health, drugs are not always the answer (see, for example, Richard P Bentall’s Doctoring the Mind). Huge progress has been made in the effectiveness of talking therapies – for example, free effective treatment for...
Yes, there has been a shocking lack of progress in developing transformative psychiatric medicine (We need new drugs for mental ill-health, 5 February), but this may be because in mental health, drugs are not always the answer (see, for example, Richard P Bentall’s Doctoring the Mind). Huge progress has been made in the effectiveness of talking therapies – for example, free effective treatment for post-traumatic stress disorder (PTSD) is available to all UK army veterans through the charity PTSD Resolution. What is lacking is rollout of the effective methods that now exist. This is an area where the UK is genuinely world leading. The Human Givens Institute is at the forefront of the development of effective, solution-focused, science-based therapies. This is where funding for further research and rollout of these methods could really make a difference. Ann Marie Taylor Human Givens therapist, Helsingborg, Sweden
Image source: The Motley Fool. Wednesday, November 12, 2025 at 9 a.m. ET CALL PARTICIPANTS Chief Executive Officer — H. Foss Chief Financial Officer — Knut Traaholt Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Revenue -- $85.7 million reported, or $83.6 million excluding EU ETS-related adjustments. -- $85.7 million reported, or $83.6 million excluding EU ETS-related a...
Image source: The Motley Fool. Wednesday, November 12, 2025 at 9 a.m. ET CALL PARTICIPANTS Chief Executive Officer — H. Foss Chief Financial Officer — Knut Traaholt Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Revenue -- $85.7 million reported, or $83.6 million excluding EU ETS-related adjustments. -- $85.7 million reported, or $83.6 million excluding EU ETS-related adjustments. Fleet Average TCE -- $70,900 per day achieved during the quarter. -- $70,900 per day achieved during the quarter. Net Income -- $16.8 million, resulting in earnings per share of $0.31. -- $16.8 million, resulting in earnings per share of $0.31. Adjusted Net Income -- $23.5 million, with adjusted earnings per share at $0.43. -- $23.5 million, with adjusted earnings per share at $0.43. All-Time High Cash Balance -- $479 million at quarter end following refinancing activities. -- $479 million at quarter end following refinancing activities. Dividend Declared -- $0.75 per share for the quarter, marking the 17th consecutive dividend at this level. -- $0.75 per share for the quarter, marking the 17th consecutive dividend at this level. Contract Backlog -- 53 years of minimum firm backlog, potentially rising to 80 years if all options are exercised. -- 53 years of minimum firm backlog, potentially rising to 80 years if all options are exercised. 12-Month Trailing Dividend Yield -- 11%, with $3.00 per share paid over the prior twelve months. -- 11%, with $3.00 per share paid over the prior twelve months. Operating Expenses -- $18.8 million for the quarter, or approximately $15,700 per day. -- $18.8 million for the quarter, or approximately $15,700 per day. Vessel Dry Docking -- Average cost per docking was $5.6 million, with all four scheduled dry dockings completed safely and efficiently. -- Average cost per docking was $5.6 million, with all four scheduled dry dockings completed safely and efficiently. Refinancing Impact -- $93 million in net proceeds realized from Fl...
STAP Sanofi ( SNY ) has made a $30M strategic investment in Chinese biotech startup GluBio to support two of its sickle cell disease candidates. GluBio is focused on molecular glue degraders and has a proprietary Glue Degrader Discovery platform. Under the deal, Sanofi has subscribed to preferred shares of GluBio. The French pharma also has the right of first refusal for an exclusive license for t...
STAP Sanofi ( SNY ) has made a $30M strategic investment in Chinese biotech startup GluBio to support two of its sickle cell disease candidates. GluBio is focused on molecular glue degraders and has a proprietary Glue Degrader Discovery platform. Under the deal, Sanofi has subscribed to preferred shares of GluBio. The French pharma also has the right of first refusal for an exclusive license for the research, development, manufacturing, and commercialization of the two assets, GLB-005 and GLB-007. GluBio said phase 1 trials for the candidates are projected to begin by the end of the year. More on Sanofi Sanofi (SAN:CA) Q4 2025 Earnings Call Transcript Sanofi 2025 Q4 - Results - Earnings Call Presentation Sanofi (SAN:CA) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript Sanofi anticipates profitable growth to continue over at least five years Sanofi Non-GAAP EPS of €1.53 beats by €0.06, revenue of €11.3B beats by €170M; issues FY26 outlook