导读： ①周期股全线走强，供给侧产能优化叠加 AI 算力、十五五项目双轮需求驱动，涨价逻辑持续强化；②国产大模型密集突破，长上下文与推理能力大幅提升，直接利好上游算力、下游应用全产业链落地。 昨日市场分化整理，三大指数涨跌不一，创业板指相对较弱跌超1%，而量能则是时隔31个交易日跌破2万亿。不过这主要是受长假期间海外不确定性及春节取现需求上升等因素影响。而在目前市场人气没有涣散的情况下，节后资金有...
Earnings Call Insights: Oatly Group AB (OTLY) Q4 2025 Management View Jean-Christophe Flatin, Chief Executive Officer, highlighted Oatly's "first full year of profitable growth" and described this as a transformation from "structurally unprofitable with slowing growth to a company that is now structurally profitable with accelerating goals." He emphasized that "for the first time since our IPO and...
Earnings Call Insights: Oatly Group AB (OTLY) Q4 2025 Management View Jean-Christophe Flatin, Chief Executive Officer, highlighted Oatly's "first full year of profitable growth" and described this as a transformation from "structurally unprofitable with slowing growth to a company that is now structurally profitable with accelerating goals." He emphasized that "for the first time since our IPO and for the first time in 7 years, we drove profitable goals for the full year with solid constant currency revenue growth and positive adjusted EBITDA." Flatin discussed the company's focus on efficiency and reinvestment, stating, "We have delivered these results... while simultaneously reinvesting behind our refreshed growth playbook." Flatin outlined the company's progress since its turnaround began in 2022, noting revenue growth of 19%, adjusted EBITDA improvement by $275 million, and free cash flow improvement by $436 million over that period. The CEO underlined a continued drive toward "structurally positive free cash flow" and announced that in 2026, Oatly plans to complete its strategic review of the Greater China segment, including a potential carve-out. Daniel Ordonez, Global President & COO, detailed the refreshed growth playbook, emphasizing the move to focus on beverages and broaden the target market to younger generations, shifting from an alternative-to-dairy positioning to "an experience canvas for the beverages market." Ordonez stated, "We are gaining more space and visibility on menus and on shelves," and highlighted expansion in both established and new markets. Marie-Jose David, Chief Financial Officer, reported, "This quarter, we grew revenue 9.1% and 4.3% on a constant currency basis. Gross margin was 34.5%, which is an increase of 580 basis points compared to last year's Q4. Adjusted EBITDA was positive $11 million in the quarter, which is $17.1 million higher than last year's Q4." Outlook For 2026, Oatly expects constant currency revenue growth of 3% to...
Earnings Call Insights: LightPath Technologies (LPTH) Q2 2026 Management View CEO Sam Rubin opened with, “We entered calendar year 2026 having completed the first part of our transition to a vertically integrated provider of high-value infrared optics and camera systems, geared towards driving higher revenue and gross margins.” He highlighted record orders, a growing systems backlog, and increasin...
Earnings Call Insights: LightPath Technologies (LPTH) Q2 2026 Management View CEO Sam Rubin opened with, “We entered calendar year 2026 having completed the first part of our transition to a vertically integrated provider of high-value infrared optics and camera systems, geared towards driving higher revenue and gross margins.” He highlighted record orders, a growing systems backlog, and increasing customer adoption, emphasizing, “Today, LightPath is a fundamentally different company.” Rubin detailed the strategic acquisition of Amorphous Materials, which enables the company to produce large diameter Black Diamond lenses—critical for long-range and space applications. He noted, “With the acquisition of Amorphous Materials, we can now complete the remaining redesigns and soon make all of G5 cameras using Black Diamond.” The CEO underscored LightPath’s alignment with recent U.S. defense mandates and the FCC’s new drone component rulings, stating, “We already produce optical assemblies here in the U.S., NDAA compliant and now FCC compliant…for that part we're well aligned and prepared.” Rubin described a $65 million capital raise, stating, “We ended up increasing the size to $60 million, which together with the greenshoe option that the banks immediately exercised, ended up with approximately $65 million in net proceeds,” and clarified, “LightPath is not burning cash in operation. And we do not raise money to burn it in the operation. This quarter we're reporting on is in fact the second consecutive quarter of positive adjusted EBITDA.” CFO Albert Miranda reported, "Revenue for this second quarter of fiscal 2026 increased 120% to $16.4 million, as compared to $7.4 million in the same year-ago quarter." He added, “Gross profit increased 212% to $6 million, or 37% of total revenues.” Miranda also stated, “Adjusted EBITDA for the second quarter of fiscal 2026 was $0.6 million positive, compared to an adjusted EBITDA loss of $1.3 million for the same year-ago quarter.” Out...
Earnings Call Insights: Neurocrine Biosciences (NBIX) Q4 2025 Management View CEO Kyle Gano highlighted that "As Neurocrine enters 2026, our foundation is stronger than at any point in our more than 30-year history and it continues to strengthen, with growing enterprise-wide momentum and strategic and balanced diversification." Gano emphasized INGREZZA's continued strong performance, noting, "stra...
Earnings Call Insights: Neurocrine Biosciences (NBIX) Q4 2025 Management View CEO Kyle Gano highlighted that "As Neurocrine enters 2026, our foundation is stronger than at any point in our more than 30-year history and it continues to strengthen, with growing enterprise-wide momentum and strategic and balanced diversification." Gano emphasized INGREZZA's continued strong performance, noting, "strategic investments in access and sales force expansion drove a record year for both new and total prescriptions." He projected "double-digit volume-driven growth" for INGREZZA in 2026 and called CRENESSITY's launch "exceptionally strong," stating prescriptions covered "over 10% of the classic and general adrenal hyperplasia patient population" by the end of Q4. Gano outlined the company's three strategic pillars: leading the VMAT2 category with next-generation inhibitors, advancing CRF-based therapies for metabolic diseases, and maximizing the late-stage neuropsychiatry pipeline. He stated, "We expect top-line data from the osavampator studies in the first of 2 direclidine studies in 2027 which is shaping up to be the most data-rich year in Neurocrine's history." CFO Matthew Abernethy reported, "total product sales grew to more than $2.8 billion, representing 22% year-over-year growth." Abernethy added, "INGREZZA generated just over $2.5 billion in revenue, up 9% year-over-year, driven by double-digit volume growth, partially offset by pricing concessions associated with formulary access investments to support long-term growth." He stated, "Our cash position increased by approximately $700 million from $1.8 billion at the end of 2024 to $2.5 billion at the end of 2025, reflecting strong operating performance and a healthy balance sheet." Abernethy guided to "INGREZZA sales in the range of $2.7 billion to $2.8 billion in 2026, representing approximately 10% growth." For CRENESSITY, he stated, "we exited 2025 with over $300 million in net product sales and approximately 10% of...
As Indonesian authorities seek to stabilize markets after the double blow from MSCI Inc. and Moody’s Ratings, some investors see short-term value in local bonds. The yield premium that the nation’s 10-year sovereign notes offer over Treasuries climbed to nearly 231 basis points on Tuesday — the highest since September. A move by Moody’s Ratings to cut Indonesia’s credit outlook to negative last we...
As Indonesian authorities seek to stabilize markets after the double blow from MSCI Inc. and Moody’s Ratings, some investors see short-term value in local bonds. The yield premium that the nation’s 10-year sovereign notes offer over Treasuries climbed to nearly 231 basis points on Tuesday — the highest since September. A move by Moody’s Ratings to cut Indonesia’s credit outlook to negative last week intensified an advance in local yields, which were already climbing amid worries over fiscal largesse and weakening governance under President Prabowo Subianto’s reign. The downgrade came just days after index provider MSCI raised concerns about investability for local stocks, warning of a potential downgrade to frontier-market status. “Long-end government bonds may have sold off sufficiently and could outperform tactically,” DBS Bank Ltd. analysts including Radhika Rao and Eugene Leow wrote in a note. “A lot of bad news may already be reflected in rupiah assets.” The back-to-back blows sprung authorities into action. They have vowed to address MSCI’s concerns over the transparency of shareholding structures, including by doubling the free float to 15%. Finance Minister Purbaya Yudhi Sadewa reiterated his pledge to keep the budget deficit manageable, while the central bank committed to maintaining stability. This week’s moves in Indonesian assets suggest that confidence is slowly returning to markets. The benchmark stock index, as well as the rupiah climbed for a third straight session on Wednesday. Ten-year bond yields, which jumped to a six-month closing high of 6.47% in the wake of Moody’s action, finished at 6.43%. Meanwhile, yields on US Treasuries have declined amid renewed expectations for Federal Reserve rate cuts. Traders are betting that stabilizing markets will compress yield spreads over US Treasuries, allowing them to lock in gains. “Markets are temporarily rewarding some of the recently announced measures,” said David Chao , a strategist at Invesco Asset Ma...
Arko Petroleum Corp. , the fuel wholesaler subsidiary of convenience store firm Arko Corp. , raised $200 million in an upsized initial public offering that priced at the bottom of a marketed range. The Richmond, Virginia-based fuel distributor sold about 11.1 million shares at $18 each, according to a statement Wednesday. Arko Petroleum had marketed 10.5 million shares for $18 to $20 each, accordi...
Arko Petroleum Corp. , the fuel wholesaler subsidiary of convenience store firm Arko Corp. , raised $200 million in an upsized initial public offering that priced at the bottom of a marketed range. The Richmond, Virginia-based fuel distributor sold about 11.1 million shares at $18 each, according to a statement Wednesday. Arko Petroleum had marketed 10.5 million shares for $18 to $20 each, according to earlier filings with the US Securities and Exchange Commission. At the IPO price, the company has a market value of around $830 million based on the outstanding shares listed in its filings. Arko Petroleum operates in more than 30 US states and delivers fuel to over 1,100 Arko convenience store gas stations including brands like Fas Mart and E-Z Mart. The firm also distributes fuel to over 2,000 third-party gas stations in the US and distributes wholesale fuel to unstaffed fueling locations serving commercial fleets. For the latest news on equity capital markets activity in the US, Canada and Latin America, follow the channel or visit NI BFWECMUS . To subscribe to ECM Watch , Bloomberg’s daily roundup of news from around the region, click here . Net income attributable to Arko Petroleum fell to $24.7 million on revenue of $4.27 billion for the nine months ended Sept. 30, from $32.7 million on revenue of $4.92 billion a year earlier, according to the filings. The firm delivered 1.5 billion gallons of fuel in the first nine months of 2025, compared to 2.1 billion gallons in the 2024 full-year period. Arko Corp. is expected to maintain a majority of the voting power in Arko Petroleum after the listing, the filing shows. The fuel unit plans to pay a quarterly dividend of $0.50 per share after the listing. The offering is being led by UBS Group AG , Raymond James Financial Inc. and Stifel Financial Corp. The company is expected to begin trading Thursday on the Nasdaq Stock Market under the symbol APC.
The Republican-led US House passed legislation aimed at ending President Donald Trump’s tariffs on Canada, signaling growing anxiety over the White House’s economic agenda. Bloomberg's Laura Davison reports. (Source: Bloomberg)
The Republican-led US House passed legislation aimed at ending President Donald Trump’s tariffs on Canada, signaling growing anxiety over the White House’s economic agenda. Bloomberg's Laura Davison reports. (Source: Bloomberg)
(RTTNews) - The Australian stock market is modestly higher in choppy trading on Monday, recouping some of the sharp losses in the previous session, with the benchmark S&P/ASX 200 staying above the 7,200 level, following the broadly negative cues from Wall Street on Friday, with strong gains in energy and gold mining stocks amid a spike in gold and crude oil prices, which is at a seven-year high am...
(RTTNews) - The Australian stock market is modestly higher in choppy trading on Monday, recouping some of the sharp losses in the previous session, with the benchmark S&P/ASX 200 staying above the 7,200 level, following the broadly negative cues from Wall Street on Friday, with strong gains in energy and gold mining stocks amid a spike in gold and crude oil prices, which is at a seven-year high amid escalating fears of an invasion of Ukraine by Russia, a top energy producer. Meanwhile, traders remain concerned over the domestic COVID-19 cases, though the daily new cases are on a steady decline. New South Wales reported 6,184 new cases and 14 deaths on Sunday. Victoria also reported 7,104 new cases and two deaths, Queensland reported 3,750 new cases and six deaths, ACT reported 375 new cases and Tasmania reported 408 new cases. The benchmark S&P/ASX 200 Index is gaining 20.10 points or 0.28 percent to 7,237.40, after touching a high of 7,245.90 and a low of 7,181.70 earlier. The broader All Ordinaries Index is up 12.70 points or 0.17 percent to 7,528.50. Australian stocks closed sharply lower on Friday. Among the major miners, BHP Group is losing more than 1 percent, Rio Tinto is down almost 1 percent and Mineral Resources is slipping more than 5 percent, while OZ Minerals and Fortescue Metals are declining almost 2 percent each. Oil stocks are higher, with Beach energy soaring more than 7 percent, Woodside Petroleum adding 3.5 percent, Santos is gaining more than 4 percent and Origin Energy is advancing more than 2 percent. Beach Energy posted a 66 percent increase in half-year profit on soaring commodity prices. Among tech stocks, Appen and Zip are losing almost 4 percent each, while WiseTech Global is edging down 0.20 percent, Xero is losing more than 1 percent and Block is edging down 0.50 percent. Gold miners are higher after a spike in gold prices. Evolution Mining and Northern Star Resources are soaring more than 8 percent each, while Gold Road Resources is su...
Tarique Rahman, who after 17 years in exile is the main contender to be the next prime minister of Bangladesh, has pledged to end entrenched corruption and put the country on a “new path” as voting began in the first free and fair elections in almost two decades. Speaking to the Guardian before polls opened on Thursday morning, Rahman promised a new era of clean politics, including a “top down, no...
Tarique Rahman, who after 17 years in exile is the main contender to be the next prime minister of Bangladesh, has pledged to end entrenched corruption and put the country on a “new path” as voting began in the first free and fair elections in almost two decades. Speaking to the Guardian before polls opened on Thursday morning, Rahman promised a new era of clean politics, including a “top down, no tolerance” approach to graft, if his Bangladesh Nationalist party (BNP) was brought to power. According to polls, the BNP are likely to win a sizeable majority over their rival, the Islamist party Jamaat e-Islami, returning the party to power after 20 years. Softly spoken and understated, 60-year-old Rahman acknowledged the elections were taking place at a pivotal but “challenging” moment for Bangladesh, which has long ranked among the world’s most corrupt countries and where democracy has faced a sustained attack for more than a decade. “We saw in the last regime that corruption was encouraged,” said Rahman. “Our economy was left destroyed. It will take time, but if we establish real accountability in every part of the government and send a message down the chain, that will eventually control corruption.” View image in fullscreen BNP supporters cheer Tarique Rahman at a rally in Pallabi, on 8 February. Photograph: Mohammad Ponir Hossain/Reuters The elections are the first since the fall of autocratic prime minister Sheikh Hasina in the summer of 2024. The student-led uprising that toppled Hasina after 15 years in power left an estimated 1,400 people dead according to the UN, after it was met with a ruthless and violent crackdown by the state. Last year, the former prime minister – now exiled in India – was found guilty of crimes against humanity committed during the final days of her rule and sentenced to death. For the past three elections, Hasina and her Awami League party have been accused of rigging the results and ruthlessly crushing and jailing opponents, including ...
Cisco Systems, Inc. (NASDAQ:CSCO) is included among the 13 Best Roth IRA Stocks to Buy Now. Cisco Systems, Inc. (CSCO) Unveils Silicon One G300 Chip to Target $600B AI Infrastructure Opportunity On February 10, Cisco Systems, Inc. (NASDAQ:CSCO) introduced a new chip and router built to accelerate data movement inside large data centers. The launch positions the company to compete with Broadcom and...
Cisco Systems, Inc. (NASDAQ:CSCO) is included among the 13 Best Roth IRA Stocks to Buy Now. Cisco Systems, Inc. (CSCO) Unveils Silicon One G300 Chip to Target $600B AI Infrastructure Opportunity On February 10, Cisco Systems, Inc. (NASDAQ:CSCO) introduced a new chip and router built to accelerate data movement inside large data centers. The launch positions the company to compete with Broadcom and Nvidia for a share of the projected $600 billion AI infrastructure spending cycle. The new Silicon One G300 switch chip is expected to go on sale in the second half of the year. Cisco said the chip is designed to improve communication between the processors that train and run AI systems, even when operating across hundreds of thousands of connections. The G300 will be manufactured using Taiwan Semiconductor Manufacturing Co.’s 3-nanometer process technology. It includes new "shock absorber" features intended to prevent AI chip networks from slowing down during sudden spikes in data traffic. Martin Lund, executive vice president of Cisco’s common hardware group, said in an interview that such traffic surges occur regularly at large scale. Cisco expects the chip to help certain AI computing tasks complete 28% faster. Part of that improvement comes from the chip’s ability to automatically reroute data around network issues within microseconds. Lund noted that the company is focused on improving overall end-to-end network efficiency. Cisco Systems, Inc. (NASDAQ:CSCO) designs and sells technologies that support the internet. The company integrates its offerings across networking, security, collaboration, applications, and cloud. While we acknowledge the potential of CSCO 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 ...
AMP Ltd. , the Sydney-based firm that spans wealth management and retirement savings, sank the most in more than two decades after full-year profits missed expectations. AMP reported net income of A$133 million ($95 million) for 2025, down from A$150 million a year earlier, in a statement Thursday. The result reflected the settlement of legacy legal matters and costs tied to simplifying the busine...
AMP Ltd. , the Sydney-based firm that spans wealth management and retirement savings, sank the most in more than two decades after full-year profits missed expectations. AMP reported net income of A$133 million ($95 million) for 2025, down from A$150 million a year earlier, in a statement Thursday. The result reflected the settlement of legacy legal matters and costs tied to simplifying the business, AMP said, and fell well short of the A$219.5 million consensus estimate compiled by Bloomberg. AMP shares were down 28% at 12:01 p.m. in Sydney, the lowest level since May 2003. The result is the last earnings announcement for outgoing Chief Executive Officer Alexis George . Australian CEO Departures Add Volatility to Earnings Season Citigroup analyst Nigel Pittaway noted the lack of capital return and slightly weaker margin in the numbers. AMP last month named chief financial officer Blair Vernon to succeed George, who will retire from executive roles at the end of March.
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Intel (NasdaqGS:INTC) is committing at least US$100 million to AI chip startup SambaNova Systems. The company has also appointed former Qualcomm executive Eric Demers as its new Chief GPU Architect. Both moves reflect a shift in how Intel is approaching AI chips and GPU developme...
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Intel (NasdaqGS:INTC) is committing at least US$100 million to AI chip startup SambaNova Systems. The company has also appointed former Qualcomm executive Eric Demers as its new Chief GPU Architect. Both moves reflect a shift in how Intel is approaching AI chips and GPU development. Intel, known for its x86 processors and data center products, is increasingly tied to demand for AI computing across cloud, enterprise, and edge use cases. The SambaNova investment adds capital to a specialist in AI hardware and software, at a time when dedicated AI chips have become an important focus for chipmakers. For you as an investor, these steps highlight where Intel is trying to compete more directly in AI accelerators and GPUs, rather than relying only on its existing CPU franchise. The combination of external investment and a new GPU leader may lead to product and partnership changes that you can monitor over upcoming product cycles. Stay updated on the most important news stories for Intel by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Intel. NasdaqGS:INTC Earnings & Revenue Growth as at Feb 2026 📰 Beyond the headline: 2 risks and 2 things going right for Intel that every investor should see. For Intel, putting at least US$100 million into SambaNova and hiring Eric Demers looks like a move to close gaps in AI accelerators and high performance GPUs, where Nvidia and AMD currently set the pace. SambaNova gives Intel closer access to AI-specific chip design and software stacks, while Demers brings experience from another large chipmaker in building competitive GPU roadmaps. Together, these steps point to Intel trying to serve hyperscalers that are expected to spend hundreds of billions of dollars on AI data centers, not just with CPUs and foundry capacity but with a fuller portfolio of accelerat...