Key Points Ford's fourth-quarter earnings fell short of Wall Street's estimates, but the stock was up slightly on the news. Ford's explanation of the earnings miss didn't seem to bother investors. 10 stocks we like better than Ford Motor Company › Ford Motor Company (NYSE: F) said late on Tuesday that it lost $11.1 billion in the fourth quarter of 2025. That sounds awful, but more than 100% of that loss was related to some one-time special items announced in December, when Ford revamped its electric vehicle (EV) strategy. On an adjusted basis, excluding one-time items, Ford earned a profit of $0.13 per share. That sounds much better, but it fell short of Wall Street's estimate, as reported by Reuters, which predicted a profit of $0.19 per share. 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 » When a company misses Wall Street's profit estimate, its stock will often take a swan dive. That didn't happen to Ford's stock, though. Ford's shares were up slightly in after-hours trading following the news and were up modestly again on Wednesday morning. That's because Ford's "earnings miss" had a story -- and the story isn't one that should worry investors. Here's what happened. Why Ford's earnings fell short of Wall Street's -- and its own -- expectations Chief Financial Officer Sherry House said that Ford received updated guidance on tariff credits from the Trump administration in late December. Simply put, Ford received less tariff relief on imported parts than it had expected. That left Ford with additional tariff costs of roughly $900 million in the fourth quarter, throwing off its own -- and Wall Street's -- expectations for 2025 earnings. Wall Street analysts had based their guidance on Ford's Dec. 15 forecast of $7.7 billion in adjusted earnings before interest and taxes (adjusted EBIT) for the ye...

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ARMMY PICCA/iStock via Getty Images The consumer staples sector, well represented by State Street Cons Staples Sel Sec SPDR Inc ETF ( XLP ), is in some ways one of the most appreciated “financial parachutes” by investors. Together with the energy sector, during moments of hyper-tension in the market, it has often protected investors’ profits during sell-offs. Well … then today it may worry you to know that XLP is being demanded at extreme levels. So much so that it has reached the peak of the 10-year forward P/E distribution. This worries me, especially if one considers that instead the info tech sector, rich in risk-on assets, is returning toward the mean. An unpleasant situation because, even if the risk from which the market is protecting itself were to materialize, “protecting oneself” today costs too much. Here is a personal opinion, but first … What Is XLP? The fund, with Investment Manager SSGA Funds Management, Inc., tracks the Consumer Staples Select Sector Index with a stated objective of price + yield performance, net of expenses. And considering an expense ratio of 0.08% and a minimal bid-ask spread of 0.01%, moreover well covered by the dividend yield, here equal TTM to 2.45%, it is not surprising to see an AUM of $16.4 billion. XLP - fund profile (Seeking Alpha) What Does XLP Consist Of? You buy a set of just 36 stocks, with a fairly concentrated distribution . This is typical of all 11 SPDR sector funds : here the top 5 account for over 40%, while the top 10 are about 62%. A concentration that is certainly not negligible, especially if you consider that 21% is occupied by just 2 stocks: Walmart + Costco. Two stocks that fully express the essence of this ETF: “essential” goods. XLP - top 10 holdings (Seeking Alpha) Focusing the analysis on these two, as leaders of the sector, it is noticeable already from the quant factor grade a rating of F on the valuation grade, which triggers a first alarm bell. WMT - COST (Seeking Alpha) Indeed, both leading stock...

一家法国物流巨头承诺向美国投资 200 亿美元，但特朗普总统第二任期已过去一年，这笔资金仅到位极少一部分。 近一年前，法国一家大型物流企业的首席执行官到访白宫，宣布将对美国港口和航运业进行巨额投资，特朗普当时显得颇为满意。 “因为这次大选，他将向美国投资 200 亿美元。” 特朗普在去年 3 月表示。 总部位于法国马赛的家族企业达飞海运集团（CMA CGM）在美国知名度不高。作为全球第三大航运公司，它在全球供应链中扮演关键角色，营收达数十亿美元。但自去年宣布投资计划以来，其承诺的资金仅有极少一部分落地美国。 航运融资咨询公司 Cavalier Shipping 创始人詹姆斯・莱特伯恩表示：“到目前为止，达飞海运几乎没有迹象表明，它将兑现对美国海事行业 200 亿美元的投资承诺。” 特朗普第二任期开始后，已有多家企业承诺赴美投资，但最终有多少会兑现仍有待观察。而美国日渐衰落的航运业急需大规模投资，资金注入将帮助特朗普实现重振该行业、抗衡中国商业航运崛起的目标。 特朗普在 4 月发布的一项行政命令中，要求制定海事行动计划并为行业提供其他支持。“我们将在造船业投入大量资金，” 他在宣布命令时说，“我们已经远远、远远、远远落后了。” 但相关计划已推迟数月，国会也尚未推进一项两党立法以设立新补贴 —— 许多人认为，这些补贴是吸引新投资所必需的。 韩国企业集团韩华表示，计划在拜登政府时期收购的费城造船厂建造更多船舶。今年 8 月，该公司宣布将斥资 50 亿美元扩建这家船厂。 达飞海运 200 亿美元的承诺因其规模而格外引人注目。其竞争对手马士基、地中海航运在过去一年均未做出数十亿美元级的投资承诺。达飞海运在去年 3 月的声明中表示，计划在四年内完成投资，因此仍有时间实现 200 亿美元目标。 马士基一位发言人表示，北美是公司的 “关键市场”，公司将继续扩大在美国的业务。地中海航运未回应置评请求。 去年 3 月在白宫，达飞海运首席执行官鲁道夫・萨德表示，公司计划采购美国制造的集装箱船，并补充称将在 “未来几周内” 公布细节。 但达飞海运至今未宣布在美国船厂下单。而美国航运的高昂成本 —— 在美国建造一艘商用船舶的成本可能是亚洲的五倍 —— 构成了巨大阻碍。 一位熟悉达飞海运运营的人士透露，该公司去年曾考虑订购美国制造的集装箱船，但最终认为价格过高、不具备可行性。Cavalier ...

Citigroup Has Lowered Expectations for Astera Labs (NASDAQ:ALAB) Stock Price MarketBeat

What are the latest developments in the Jeffrey Epstein case? Journalist Vicky Ward first profiled sex offender Jeffrey Epstein in 2003. She discusses the fallout from the millions of publicly released documents, and why this story took so long to come out. National What are the latest developments in the Jeffrey Epstein case? Journalist Vicky Ward first profiled sex offender Jeffrey Epstein in 2003. She discusses the fallout from the millions of publicly released documents, and why this story took so long to come out. Sponsor Message Sponsor Message

This article first appeared on GuruFocus. Astera Labs, Inc. (NASDAQ:ALAB) found itself in the spotlight Wednesday, but not in the way bulls might have hoped. Shares were down about 12% in premarket trading as investors digested a quarter that looked strong on growth but more complicated underneath. Revenue momentum remains impressive. Analysts pointed to continued strength in Astera's Scorpio P series, PCIe Gen 6 retimers, and Taurus networking products. Guidance also came in ahead of expectations. But the focus quickly shifted to margins and expenses. J.P. Morgan noted that shipments tied to Amazon's (NASDAQ:AMZN) warrant agreement could pressure gross margins, especially with more hardware heavy mix and contra revenue accounting weighing on profitability. Morgan Stanley framed the first half of 2026 as a transitional period, with the bigger opportunity tied to the second half ramp of Amazon's Trainium 3 program. That visibility is encouraging, but aggressive R&D spending and operating expense growth are limiting near term EPS upside.

Google stock price today: Alphabet’s GOOG slides as EU moves and AI funding jitters collide TechStock²

John Zito, co-president of Apollo Asset Management, warned that the software industry ( IGPT ), ( XSW ), ( IGV ) is entering the early stages of a “very violent technology cycle” driven by artificial intelligence disruption. In an interview with CNBC, Zito explained that the market is beginning to aggressively differentiate between winners and losers as valuations undergo a significant reset. Zito said the industry remains vital, but the investment landscape has fundamentally shifted. “We have to be super humble right now around what’s actually happening,” he said. “We have to be super thoughtful about [if] we really know what the world’s going to look like in a year or two years.” While he expects software usage to grow, the prices investors are willing to pay are being dramatically recalibrated. The Apollo co-president pointed to the period from 2018 to 2022, when software accounted for 30% to 40% of the private market. During that era, investors assumed nearly 100% retention rates and minimal disruption risk, leading many small to medium-sized software businesses to be taken private based on assumptions that now appear questionable. Current market uncertainty is already showing up in stock prices for major players like Salesforce ( CRM ) and Workday ( WDAY ). “The discount rate that the market is putting on this is already applying the uncertainty,” Zito observed, noting that some stocks have fallen significantly as new financings begin to account for disruption risks that were previously ignored. Zito offered a cautionary historical comparison, noting that even if current software revenues appear healthy, disruption often takes years to manifest in sales data. He pointed out that when the iPhone launched in 2007, BlackBerry sales actually peaked in 2011—a warning that today’s software firms should heed. Apollo Asset Management has remained underweight in the software sector for the past 18 months as a result of this analysis. Zito emphasized that new financings ...

Investment AB Latour (publ) ( IVTBF ) Press Release : FY 2025 GAAP EPS of SEK7.67. Revenue of SEK28.15B (+8.7% Y/Y). More on Investment AB Latour (publ) Investment AB Latour (publ) (IVTBF) Q4 2025 Earnings Call Transcript Seeking Alpha’s Quant Rating on Investment AB Latour (publ) Historical earnings data for Investment AB Latour (publ) Dividend scorecard for Investment AB Latour (publ) Financial information for Investment AB Latour (publ)

Goldman Sachs has initiated research coverage of the miner Energy Fuels with a buy rating, citing the company's exposure to two big themes in the energy industry — uranium and rare earths. Goldman set a price target of $30 per share for Energy Fuels, implying nearly 40% upside from Tuesday's close. Energy Fuels, headquartered in Lakewood, Colorado, operates the highest grade uranium deposit in the U.S., according to Goldman. It also operates the White Mesa Mill in Utah, the only domestic facility that can process light and heavy rare earths as well as uranium, according to the bank. Goldman sees major structural shifts in the uranium and rare earths sectors due to U.S. support for nuclear power and a push to reduce dependence on China, analyst Brian Lee said. "UUUU maintains top-tier assets across both end markets, including a single processing facility that can process uranium and light/heavy rare earths and is nearing a meaningful expansion," Lee told clients in a Tuesday note. This provides "a key competitive advantage as it looks to capitalize on these emerging positive trends," he said. UUUU 1Y mountain Energy Fuels over the past year

GOOGL and MSFT: Daniel Ives Doubles Down on These 2 Top AI Stocks TipRanks

Investing.com -- Chinese developers have taken a stronger position in the fast-moving agentic artificial intelligence landscape, securing three of the top five global rankings for agentic performance, according to a note from Jefferies. Analyst Edison Lee said “China continues to catch up,” noting that six of the ten best-performing models worldwide are now Chinese, up from five previously. Jefferies highlighted the rapid rise of AI agents, which can automate personal and business workflows and have dominated industry discussions in recent weeks. Lee stated that surveys by Google Cloud and Anthropic show “rising enterprise usage (50%+) of agents,” but added that “ROI is still hard to quantify, and multiple challenges exist.” The report noted that Chinese strength is growing across both closed and open-source systems. The analyst mentioned that China’s agentic capabilities are “rapidly rising,” and that “among the top 5 models with the best agentic capabilities, three are Chinese.” He added that “the agentic performance gaps between Chinese and US models in the top 5 are small, ranging from 2% to 12%,” suggesting Chinese firms are well-positioned to benefit as adoption increases. Price is also a competitive advantage. Jefferies explained that Chinese models’ token costs are at a fraction of those of U.S. models, helping expand their global download share. Alibaba’s Qwen remains the leader, with its international adoption steadily rising. While agentic AI has “transformed AI from answering questions to performing tasks,” Jefferies believes widespread enterprise deployment will take time due to reliability issues and uncertain inference costs. Related articles Chinese firms claim 3 of top 5 spots in agentic AI performance Gold may hit $5,000/oz in 1H'26 - HSBC Goldman expects lower but still attractive stock market returns in 2026

This article first appeared on GuruFocus. Elon Musk's CEO of tesla (NASDAQ:TSLA) AI startup xAI (X.AI) just lost another founding voice, with respected researcher Jimmy Ba announcing Tuesday that he's stepping away from the company. Ba shared the news himself on X, saying he was grateful to have helped cofound at the start. His departure lands just one day after fellow co-founder Tony Wu also exited, making it two high-profile departures in as many days. The timing isn't ideal. According to the Financial Times, Ba's resignation followed internal tensions over model performance as Musk pushes xAI to close the gap with rivals like OpenAI and Anthropic. The AI race has accelerated quickly, and expectations inside Musk's ventures tend to run high. The exits also come shortly after xAI merged with SpaceX earlier this month, adding another layer of complexity to the company's structure.

Earnings Call Insights: Solstice Advanced Materials, Inc. (SOLS) Q4 2025 Management View David Sewell, CEO, opened by highlighting "strong financial and operational results as we transitioned to an independent public company following the completion of our spin-off from Honeywell on October 30." He stated that Solstice is seeing "increasing momentum driven by secular growth trends in areas such as nuclear energy, AI and data centers." Sewell noted a return on invested capital of "approximately 19% and net leverage of 1.5x EBITDA." He added, "We are pleased to announce today the initiation of a quarterly dividend of $0.075 per share, marking an important milestone as we begin to return capital to shareholders." Sewell emphasized ongoing investments to "double sputtering target capacity in Spokane, Washington to meet accelerating AI demand" and expanded production for Spectra Defense fibers, as well as expanding nuclear conversion capacity. Sewell provided guidance for 2026: "low single-digit revenue growth and mid-single-digit adjusted EBITDA growth versus the prior year at the midpoint." Tina Pierce, CFO, stated, "For the full year 2025, Solstice recorded $3.9 billion in net sales, up 3% year-over-year... net sales for the full year exceeded the top end of our previously disclosed guidance range." Pierce also said, "Adjusted stand-alone EBITDA for the full year 2025 was $957 million, reflecting a 4% decrease year-over-year and an adjusted stand-alone EBITDA margin of 24.6%, consistent with the approximately 25% margin guidance given at our Investor Day." Outlook Management projects 2026 net sales between $3.9 billion and $4.1 billion, adjusted EBITDA between $975 million and $1.025 billion, and adjusted diluted EPS between $2.45 and $2.75. Capital expenditures are expected in the range of $400 million to $425 million. For Q1 2026, guidance is for net sales between $935 million and $985 million and adjusted EBITDA between $235 million and $245 million. Management exp...

Earnings Call Insights: Blackstone Mortgage Trust (BXMT) Q4 2025 Management View CEO Timothy Johnson opened by stating BXMT reported "strong fourth quarter results further building upon the positive momentum in earnings power and credit performance achieved throughout 2025." He highlighted distributable earnings prior to charge-offs of $0.51 per share, noting "an increase of over 20% from Q1 and covering our dividend for the second consecutive quarter." Johnson emphasized the portfolio is now "99% performing, reflecting strong progress on loan resolutions in the quarter," and shared that BXMT "closed approximately $7 billion of investments in 2025, nearly 85% of which were in multifamily and industrial loans, our growing net lease strategy and 2 bank loan portfolios we acquired at discounts." He noted the company executed over $5 billion in corporate and securitized debt transactions in the past 12 months, including $2.8 billion of corporate term loan repricings and extensions, resulting in a "weighted average borrowing spread by nearly 90 basis points over the year-over-year." Johnson announced a management change: "Tony Marone, who will be stepping down as CFO of BXMT to focus on other responsibilities within Blackstone," and congratulated Marcin Urbaszek as incoming CFO. CFO Tony Marone stated, "BXMT reported GAAP net income of $0.24 per share and distributable earnings, or DE, of negative $2.07 per share. DE included $434 million of reserve charge-offs, largely related to the resolution of 5 impaired loans as well as the write-off of 3 subordinated loans." Marone added, "Excluding these items, DE prior to charge-offs was $0.51 per share, up $0.03 from the prior quarter and $0.09 from the first quarter of the year." Outlook Johnson explained, "We expect to see opportunities to selectively exit our owned real estate properties, further supporting earnings as we more efficiently redeploy capital into our core investments." He stated, "BXMT shares still trade below ...

美股AI应用软件股普跌 2026-02-12 00:35:04 来源： 同花顺7x24快讯 分享 文章提及标的 Reddit -- Atlassian -- Shopify -- ai应用 -- 美股ai应用（886108）软件股普跌，Shopify（SHOP）跌超12%回吐盘初涨幅，Atlassian（TEAM）、Reddit（RDDT）跌超6%，Adobe跌近3%。

The healthcare leader looks increasingly unstoppable. Eli Lilly (LLY 0.07%) has crushed broader equities over the past five years, becoming the largest healthcare company -- and the first to be worth $1 trillion -- in the process. Although some believe the stock is priced for perfection and there isn't much upside left, the drugmaker continues to prove the doubters wrong. It did so again with its most recent quarterly update. Let's consider three reasons to invest in the stock. 1. Eli Lilly is posting outstanding financial results The kind of top-line growth Eli Lilly has been posting is nothing short of phenomenal for a pharmaceutical giant, in an industry where year-over-year revenue increases with percentages in the low double digits are considered strong. During the fourth quarter, Lilly did it again: Sales totaled $19.3 billion, up 43% year over year; adjusted earnings per share were $7.54, up 42% compared to the year-ago period. Eli Lilly's growth will slow significantly this year -- its guidance for revenue of between $80 billion and $83 billion implies top-line growth of 25% at the midpoint. But that was still ahead of analysts' expectations and looks very strong given the context, including the fact that Lilly had to lower the prices of some of its key medicines to comply with requests from the Trump administration. Eli Lilly should continue posting strong financial results, and that's still a good reason to buy the stock. Expand NYSE : LLY Eli Lilly Today's Change ( -0.07 %) $ -0.72 Current Price $ 1024.28 Key Data Points Market Cap $969B Day's Range $ 1020.91 - $ 1030.01 52wk Range $ 623.78 - $ 1133.95 Volume 32K Avg Vol 3.4M Gross Margin 85.40 % Dividend Yield 0.59 % 2. Lilly is gaining ground in an all-important market The company's work in diabetes and weight management is doing most of the heavy lifting. Its tirzepatide drug, sold under the brand names Mounjaro and Zepbound, generated well over $30 billion in sales in 2025 and is now the world's best-...

These popular ETFs are double-edged swords. Exchange-traded funds (ETFs) are attractive investments for investors seeking instant diversification into a basket of stocks across a given sector, region, or index. For example, ETFs that track the entire S&P 500 -- like Vanguard's S&P 500 ETF (VOO 0.09%) -- give investors exposure to all of the benchmark index's stocks through a single ticker. Another popular ETF, the Invesco QQQ Trust (QQQ 0.24%), tracks the higher-growth Nasdaq-100. Those ETFs can be great options for investors who want to profit from the stock market's long-term growth but don't have the time to manage individual stocks. The stronger companies also naturally remain in those indexes, while the weaker ones drop out. As Warren Buffett famously said: "All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies." However, Buffett also warned investors to be "fearful when others are greedy" -- and certain types of ETFs are targeting those greedy investors. Let's take a look at the riskiest type -- leveraged ETFs -- and see why they're dangerous investment products. What are leveraged ETFs? Most leveraged ETFs aim to double or triple the performance of an underlying stock or index. For example, Direxion's Daily S&P 500 Bull 3x Shares (SPXL +0.48%) aims to triple the daily performance of the S&P 500. Expand NYSEMKT : SPXL Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3x Shares Today's Change ( 0.48 %) $ 1.08 Current Price $ 228.06 Key Data Points Day's Range $ 224.15 - $ 231.96 52wk Range $ 87.08 - $ 234.09 Volume 1.2M To deliver that return, it trades derivatives, such as swaps and futures, daily. So if Direxion wants to invest $100 million in the S&P 500, it works with a bank that provides a "synthetic" $300 million investment via a short-term loan called a "total return swap". In this swap, the bank invests $300 million in the S&P 500 on behalf of Direxion, agrees to pay the fund tri...

Eric Yip, the SFC’s executive director of intermediaries, delivers a speech at the Consensus 2026 conference Wednesday Hong Kong’s securities regulator plans to allow Bitcoin and Ethereum to be used as collateral for margin financing, part of a broader push to deepen the city’s virtual-asset market. Julia Leung Fung-yee, chief executive of the Securities and Futures Commission, unveiled the policy at the Consensus 2026 conference Wednesday. The change will permit brokerages to accept either traditional securities or virtual assets as collateral when extending credit to clients in good standing for margin trading.

A $100 Billion Reason to Buy Nvidia Stock Now Yahoo Finance

Vertigo3d/iStock via Getty Images Many major market indexes just hit new record highs, and earnings were strong this quarter. But, underneath all of this bullishness, there are some major concerns. This is especially true when you look at the massive capex spending plans the hyperscalers updated us with when they announced their earnings reports. We saw many hyperscalers announce solid to strong results, but the stock price action was not positive. This seems to be due to concerns about the increasing AI capex spend. Like most investors, I see the seemingly endless potential in AI, humanoid robots, and quantum computing. It is hard not to be bullish in the face of what many are calling the "fourth industrial revolution." However, when there is so much bullishness and stock market valuations are near past bubble peak levels, I want to consider what could go wrong and look at historical parallels. With this in mind, let's look at current market valuations compared to the dot-com bubble. Let's also look at the capex spending that helped create the dot-com bubble and compare it to the capex spending that we see today with AI, along with some other notable factors and concerns that investors should consider: Dot-com Bubble Valuations And Stock Market Valuations Today As shown in the chart below, the cyclically adjusted price-to-earnings ratio, or "CAPE" ratio, is currently around 40 . This shows how high valuations are at this time, because the CAPE ratio's historical average is around 17. Also shown on the chart is that the CAPE ratio hit a high of 44 in December 1999 , and shortly thereafter, the dot-com bubble burst. If the current stock market expands its valuation a bit further, the CAPE ratio could hit the same levels it reached during the dot-com bubble. History shows us that this level of valuation has not been sustainable. So, the question is whether things are different this time, and I don't believe they are. I see current valuations as a major red flag for st...

This company has excellent fundamentals that are improving. In this video, I will cover a new company from South America, Inter & Co (NASDAQ:INTR). I'll also compare it to Nu Holdings and touch on the latest CoreWeave news. Watch the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were from the trading day of Jan. 26, 2026. The video was published on Jan. 26, 2026.

MoonshineNY/iStock via Getty Images Yes, it's been a roller coaster for Coinbase ( COIN ) shareholders. But they probably expected it. Crypto investing has its ups and downs. However, this article is about the collateral damage from investing in a covered call ETF and having the misfortune of seeing the underlying stock fall down... hard, in the case of COIN. And perhaps harder when it comes to the YieldMax COIN Option Income Strategy ETF ( CONY ), one of several covered call ETFs I listed in a table in my very recent article , which was a broader-based thesis on the nature of these vehicles. Frankly, I had put the covered call thing out of my mind for a while. I had not planned to write about it for a while, other than here and there. But since I'm old enough to have invested in ETFs since there were ETFs (1993), and before that toiled in the world of covered call writing mutual funds, when I see a chance to share aspects of my experience that might help a wider audience here, I shift priorities. Just look at that yield, eh? Who wouldn't jump at that? But yield is a statistic, NOT a total return. No matter how fast an investment pays you back with your own money, it's still your own money, not your profit. That said, when COIN stock was flying, it was fine. But it could not continue that way, no matter how many fans of covered call ETFs insisted back then that it could. SA This market cycle, as it relates to covered call ETFs, has something in common with past cycles... EVERYTHING. Just with many more investors involved. And, with many at prime ages, something like this could impact their portfolios a lot more than when they were in their peak earnings years. That's why I keep writing about this topic. Because I see from the reaction to previous articles on this broad subject that a lot of readers want to talk about it. In particular, the first few comments on that previous article made me realize something: Playtime is over for covered call ETF investors By no mea...

Lyft stock looks incredibly cheap, but not because of its earnings. Ride-sharing company Lyft (LYFT 15.37%) stock tumbled 14.1% through 11:15 a.m. ET Wednesday after missing on sales in its Q4 earnings report last night. Analysts expected Lyft to report Q4 2025 sales of $1.75 billion, but sales came in below $1.6 billion. On earnings, analysts anticipated $0.12 per share, but Lyft reported... $6.81 instead! Lyft Q4 earnings Ahem. On the face of it, you'd think investors would find this news incredibly good. In fact, it's just "incredible" -- or at least not comparable to the estimate. Lyft's $6.81 in diluted earnings per share "includes a benefit from the release of the valuation allowance," so it's not really something Lyft can duplicate in future quarters. That's why investors aren't paying it much attention and are focusing on other numbers instead. Problem is, those other numbers aren't encouraging. While "gross bookings" climbed 19% year over year, revenue was up only 3%, weighed down by "certain legal, tax, and regulatory reserve changes and settlements." For the full year, Lyft's gross bookings climbed 15% to $18.5 billion, revenue rose 9% to $6.3 billion, and net income was $2.8 billion -- basically the same as for Q4 alone, and basically for the same reason (i.e., the tax benefit). Expand NASDAQ : LYFT Lyft Today's Change ( -15.37 %) $ -2.59 Current Price $ 14.26 Key Data Points Market Cap $6.7B Day's Range $ 14.03 - $ 15.10 52wk Range $ 9.66 - $ 25.54 Volume 1.6M Avg Vol 14M Gross Margin 35.24 % Is Lyft stock a sell? In other words, Q4 was a messy quarter, and investors don't seem to know what to make of it. Let's see if I can help with that: Whatever its "earnings," Lyft generated $1.1 billion in free cash flow in 2025 -- 47% year-over-year growth. Free cash flow is growing faster than sales and bookings, and Lyft says bookings are still growing in the high teens. At a 6x price-to-free cash flow ratio, with growth well into the double digits, Lyft stock i...

is a news writer covering all things consumer tech. Stevie started out at Laptop Mag writing news and reviews on hardware, gaming, and AI. Posts from this author will be added to your daily email digest and your homepage feed. TikTok announced on Wednesday that it’s launching “Local Feeds,” an opt-in feature that uses precise GPS location data to create a feed of localized content, similar to the “Nearby Feeds” that launched in the UK and Europe in December. This is the first new feature introduced for US users since TikTok officially came under new ownership last month. The new US version of the app got off to a bumpy start when it faced a major outage that TikTok says was due to a “cascading systems failure.” Local Feeds are an opt-in feature user have to manually turn on. Image: TikTok The new localized feeds for US users will include “local content related to travel, events, restaurants and shopping, as well as posts from small businesses and local creators.” Local Feeds will be turned off by default and aren’t available to users who are under 18. TikTok USDS says the precise location tracking used for the feature is “only active when the app is in use.” Users who choose to turn on their Local Feed will see it as a tab in their home screen in the app.

特朗普总统近日宣布的行政命令拟禁止大型机构投资者收购独栋住宅，但其中却包含一项 豁免条款 ：允许这些机构 专门建造用于出租的房屋 。 作者：马修・戈尔茨坦 特朗普总统已明确指出他眼中拖累美国房地产市场的 “罪魁祸首”：企业投资者大肆收购独栋住宅并转为出租。 “房子是给人住的，不是给企业炒的。” 特朗普上月在瑞士达沃斯的演讲中表示，“美国绝不会变成一个全民租房的国家。” 但在他近期公布、旨在禁止大型投资者收购独栋住宅的行政命令里，却暗藏了一项 豁免条款 ：允许投资者 专门建房用于出租 。 这类 “建而租” 社区 （build‑to‑rent）正在成为市场中不断扩张的细分领域，而参与其中的，恰恰包括特朗普指责的那些阻碍普通民众买房的华尔街房东。 近年来， 黑石 （Blackstone）等私募机构开始成片开发独栋出租社区；莱纳（Lennar）、D.R． Horton 等大型住宅建筑商也纷纷入局，专门建造用于出租的独栋住宅。特朗普政府内一名高级住房官员比尔・普尔泰（Bill Pulte）在入职前，就曾经营一家收购新建出租房的小型企业。 这项 “建而租” 豁免条款，看似与特朗普政府宣称的目标 自相矛盾 —— 政府本想通过打击华尔街背景的房东，让更多房屋面向中产出售。多年来，类似提案也曾得到两党部分政客支持。 但住房分析师表示，从政策角度看，“建而租” 社区有其合理性，因为它增加了优质租赁住房的供给。 住房研究机构 John Burns Research and Consulting 研究总监里克・帕拉西奥斯 Jr． 表示，“建而租” 社区主要面向 有年幼子女、暂未准备好买房 的家庭。 “‘建而租’其实是通往自住房的一块很自然的跳板。” 他说。 住宅建筑数据公司 Zonda 显示，去年全美约有 6.6 万套 “建而租” 住宅完工；相比之下，2021 年仅有 1.1 万套 。 在当前高房贷利率、二手房价格上涨、新建经济适用房严重短缺的背景下，许多美国人无力购买独栋住宅，特朗普这项行政命令反而可能 利好全美住宅建筑商 。 美国最大住宅建筑商 D.R． Horton 在近期监管文件中披露，去年向投资者出售了 3，546 套独栋出租房，而面向普通购房者的销量为 83，622 套。莱纳（Lennar）则在去年 8 月专门为有意购买新建出租房的投资者搭建了线上平台。两家公司均拒绝置评。 专...

Skynesher | E+ | Getty Images New laws enacted in 2025 may have a big impact on how much Social Security beneficiaries pay in taxes this season . On Jan. 5, 2025, President Joe Biden signed the Social Security Fairness Act , a law that ended provisions that reduced or eliminated Social Security benefits for more than 2.8 million individuals who have pension income from work that did not require payment of Social Security payroll taxes. Later that year, on July 4, President Donald Trump signed the " big beautiful " tax package, which includes a new tax deduction of up to $6,000 per eligible senior to help offset taxes on Social Security benefits. Up to 85% of Social Security benefits may still be subject to federal tax, depending on the beneficiary's income. Together, those changes will influence the tax liabilities that Fairness Act beneficiaries face this tax season. "If you're getting higher benefits because of the Social Security Fairness Act, some percentage of those are going to be taxable," said Alex Durante, senior economist at the Tax Foundation. watch now VIDEO 4:21 04:21 Tax season myths vs. facts: Here's what to know Squawk Box The monthly benefit increases for affected beneficiaries range from "very little" to more than $1,000, according to the Social Security Administration. In addition, affected individuals received retroactive lump-sum payments representing benefit increases to monthly checks from January 2024 onward. The tax liabilities associated with that extra benefit income may be reduced with the new senior "bonus" deduction, if the recipient qualifies, Durante said. To qualify for the full $6,000 deduction — or $12,000 if married filing jointly — individuals need to have a modified adjusted gross income of less than $75,000 , while couples may have up to $150,000. "They're better off because their Social Security benefit went up, and they're better off because they're basically getting a bigger deduction," said Karen E. Smith, a senior fellow a...

J Studios/DigitalVision via Getty Images The Ares Dynamic Credit Allocation Fund ( ARDC ) is a closed-end fund that investors may choose to purchase as a way of obtaining a high level of income from the assets in their portfolios. The fund does fairly well at the provision of income, as it boasts a very attractive 10.17% yield at the current share price, which is significantly higher than most other things in the market today. However, the fund primarily earns its income by owning a portfolio of fixed-income securities, including a high allocation to floating-rate securities. These may not be the best securities to own in the current environment, as interest rate cuts from the Federal Reserve will reduce the income that floating-rate securities provide to the fund, and traditional fixed-rate fixed-income securities may fail to provide a positive real return over the long term. As such, the fund may not be able to sustain its high yield, and its ability to protect your wealth may not be as good as an equity fund that offers more inherent protection against inflation. With that said, we should still take a closer look at this fund, as its performance was pretty solid over most of the past five years. The Ares Dynamic Credit Allocation Fund Versus Comparable Index ETFs The website for the Ares Dynamic Credit Allocation Fund states that the fund invests its assets in four specific types of securities. These are: Senior Secured Loans, which are typically floating-rate securities, Corporate Bonds, which are usually speculative-grade (“junk”) bonds with fixed coupons, Securities with similar characteristics to either of the two other options, including fixed-income derivative securities, Collateralized loan obligations, which are typically floating-rate securities. As we can see from the various types of securities that the website specifically lists as investment options for its portfolio, this fund is primarily focused on investing in debt securities. Its portfolio inclu...