Welcome to our guide to the commodities driving the global economy. Today, Australia mining and metals reporter Paul-Alain Hunt explores why two of the sector’s giants were unable to combine into a $240 billion behemoth. Breaking up is hard to do. For the world’s mining giants, getting together is even harder. For much of the last month, Rio Tinto Group and Glencore Plc appeared ready to pull off ...
Welcome to our guide to the commodities driving the global economy. Today, Australia mining and metals reporter Paul-Alain Hunt explores why two of the sector’s giants were unable to combine into a $240 billion behemoth. Breaking up is hard to do. For the world’s mining giants, getting together is even harder. For much of the last month, Rio Tinto Group and Glencore Plc appeared ready to pull off a $240 billion miracle, creating the world’s largest mining company. They would combine trading know-how and industrial clout, double down on copper and dilute some challenging shareholders on both sides in the process. Then, at the last minute, Rio called it off . Talks appear to have broken down over the oldest obstacle in the book — price. Glencore’s single biggest investor is still former boss Ivan Glasenberg, the man who listed the company in 2011 at 530 pence per share — significantly more than the average price of around 480 pence over the last month. A combination that Glencore Chief Executive Officer Gary Nagle has described in private conversations as the most obvious deal in the industry fell apart, adding to the sector’s long list of scuppered mergers. Over the past few years, big miners have been emerging from a dealmaking drought. A push for growth, particularly in copper, has encouraged more ambition and risk. Getting those deals done, however, is another matter entirely. Partly it’s about large egos and clashing cultures. But there’s also the challenge of agreeing on a reasonable price when markets are fluctuating wildly and geopolitical risk is rising — all in a sector where cost synergies are tough to achieve. Shareholders also remember all too keenly the mistakes of the past, such as Rio’s disastrous $38 billion purchase of Alcan Inc. in 2007. And where Rio and Glencore have struggled to add scale, so too has BHP Group, the world’s largest mining company. It made multiple failed approaches for Anglo American Plc only for its target to find itself a differ...
Mawson Infrastructure Group ( MIGI ) shares fell 12% premarket on Friday after it reported preliminary results for the fourth quarter and full-year 2025. The company expects a 79% year-on-year decline in Q4 revenue to $3.2M (vs. $5.3M consensus estimate ) and a net loss of around $15.8M compared with $4.5M in Q4/2024. For full-year 2025, revenue is expected to fall 33% Y/Y to ~$39.8M (vs. $34M con...
Mawson Infrastructure Group ( MIGI ) shares fell 12% premarket on Friday after it reported preliminary results for the fourth quarter and full-year 2025. The company expects a 79% year-on-year decline in Q4 revenue to $3.2M (vs. $5.3M consensus estimate ) and a net loss of around $15.8M compared with $4.5M in Q4/2024. For full-year 2025, revenue is expected to fall 33% Y/Y to ~$39.8M (vs. $34M consensus estimate), while net loss is expected to improve to ~$23.8M compared with $46.3M for 2024. The company attributed the improvement to a reduction in operating and non-operating expenses. Source: Press Release More on Mawson Infrastructure Group Seeking Alpha’s Quant Rating on Mawson Infrastructure Group Historical earnings data for Mawson Infrastructure Group Financial information for Mawson Infrastructure Group
US stocks are set to recover as some confidence in the AI trade returns, but investors are still grappling with whether high spending and valuations are justified. (Source: Bloomberg)
US stocks are set to recover as some confidence in the AI trade returns, but investors are still grappling with whether high spending and valuations are justified. (Source: Bloomberg)
Amazon is a mega-cap company recycling its torrent of cashflows back into a generational opportunity to cement its place at the top of the AI mountain.
Amazon is a mega-cap company recycling its torrent of cashflows back into a generational opportunity to cement its place at the top of the AI mountain.
Stellantis ( STLA ) fell sharply in early trading on Friday after the automaker issued preliminary results for the second half of 2025. The company is overhauling its strategy after concluding it misjudged the speed of the energy transition and moved too quickly toward electric vehicles relative to actual customer demand. A new focus on "freedom of choice" will emphasize a broader mix of EVs, hybr...
Stellantis ( STLA ) fell sharply in early trading on Friday after the automaker issued preliminary results for the second half of 2025. The company is overhauling its strategy after concluding it misjudged the speed of the energy transition and moved too quickly toward electric vehicles relative to actual customer demand. A new focus on "freedom of choice" will emphasize a broader mix of EVs, hybrids, and advanced internal combustion engine vehicles to better match customers’ real-world preferences and budgets. As part of this reset, Stellantis ( STLA ) took approximately €22.2B ($26.2B) of charges in the second half of 2025, including about €6.5 billion of cash outflows expected over the next four years, which are excluded from adjusted operating income. Stellantis ( STLA ) CEO Antonio Filosa noted that the strategy reset is part of the decisive process started in 2025 to once again make customers and their preferences the company's guiding star. "The charges announced today largely reflect the cost of overestimating the pace of the energy transition that distanced us from many car buyers’ real-world needs, means, and desires. They also reflect the impact of previous poor operational execution, the effects of which are being progressively addressed by our new team," he updated. Despite the charges, preliminary second-half 2025 results were said to have shown improved revenue and industrial free cash flow, with early benefits including a return to volume and top-line growth, stronger customer and dealer orders, and better initial quality metrics. Stellantis ( STLA ) management expects further improvement in 2026, with new guidance that calls for a mid-single-digit percentage increase in net revenue and a low-single-digit increase in adjusted operating income margin. Notably, Stellantis ( STLA ) paused its dividend for 2026 and plans to raise up to €5B by issuing hybrid bonds. Shares of Stellantis ( STLA ) plunged 27.2% in premarket trading to $6.95. There was no col...
In this article GOOGL AAPL AMZN MSFT NVDA ORCL META Follow your favorite stocks CREATE FREE ACCOUNT Big Tech companies have seen over $1 trillion wiped from their market cap over the past week , as fears over AI spending sparked a sell-off. Microsoft , Nvidia , Oracle , Meta , Amazon and Alphabet all saw their shares fall in the week up to market close on Thursday, as the companies' earnings repor...
In this article GOOGL AAPL AMZN MSFT NVDA ORCL META Follow your favorite stocks CREATE FREE ACCOUNT Big Tech companies have seen over $1 trillion wiped from their market cap over the past week , as fears over AI spending sparked a sell-off. Microsoft , Nvidia , Oracle , Meta , Amazon and Alphabet all saw their shares fall in the week up to market close on Thursday, as the companies' earnings reports signaled huge continued capex spending from hyperscalers. Amazon was down 7% in premarket trading on Friday. Alphabet was 0.7% lower, Meta was largely unchanged, while Oracle, Nvidia and Microsoft were up in the low single-digit percentages. Plans to funnel $660 billion into AI this year were announced by Big Tech stocks, the Financial Times reported, a figure higher than the GDP of countries like the United Arab Emirates, Singapore and Israel. Shares of companies developing hardware for the AI buildout will likely encounter continued volatility as "sentiment contagion takes hold," Paul Markham, investment director at GAM Investments, told CNBC. "Questions over the extent of capex as a result of LLM build-outs, the eventual return on that, and the fear of eventual over-expansion of capacity will be persistent," he added. 'Investors questioning every angle in AI race' Amazon was among the firms announcing the biggest capex spending plans this earnings season. "The key focus of [Amazon's] results was the capex guide of $200bn, up +56% on the year, ahead of market expectations and the highest amongst the hyperscalers," Mamta Valechha, consumer discretionary analyst at Quilter Cheviot, said Friday morning, adding that the spend was predominantly for its cloud unit, AWS. Stock Chart Icon Stock chart icon Amazon shares over the past month While management is confident of long-term returns on investment, the lack of visibility is not sitting well with investors, she added. "We have suddenly gone from the fear that you cannot be last, to investors questioning every single angle ...
AI Producer Inc. has further cemented its position in the evolving Cloud AI landscape by securing a U.S. patent for its AI-assisted live event production technology, "Deliberate Delay." This addition to their extensive patent portfolio signifies a strategic move toward setting a new industry standard for live event production, emphasizing enhanced accessibility without the need for complex hardwar...
AI Producer Inc. has further cemented its position in the evolving Cloud AI landscape by securing a U.S. patent for its AI-assisted live event production technology, "Deliberate Delay." This addition to their extensive patent portfolio signifies a strategic move toward setting a new industry standard for live event production, emphasizing enhanced accessibility without the need for complex hardware and integrations. Integrated with Microsoft Teams, AI Producer offers innovative features such as preset production formats, advanced branding, and customizable layouts aimed at democratizing professional video production. The company's recent achievements, including producing the world's largest AI-assisted hybrid event and launching AI Producer Studio on HP AI PCs, highlight its commitment to making AI-enhanced communication tools widely accessible in a hybrid work environment. last closed at $393.67 down 5%. In other market news, was trading firmly up 9.9% and closing at $345.05. This week, InterDigital announced a revenue decline in Q4 2025 but improved full-year net income, and issued Q1 2026 guidance with expected revenue of $194 to $200 million. Meanwhile, softened, down 17.9% to end trading at $44.48. Advertisement Best Cloud AI Stocks finished trading at $275.91 down 0.2%, not far from its 52-week high. finished trading at $275.91 down 0.2%, not far from its 52-week high. closed at $331.25 down 0.5%. The company's earnings report from 2 days ago highlights significant year-over-year growth in quarterly sales and net income. closed at $331.25 down 0.5%. The company's earnings report from 2 days ago highlights significant year-over-year growth in quarterly sales and net income. finished trading at $136.48 down 6.9%. On Wednesday, Oracle announced a pilot project with Lumeo RHIS to implement its Health Clinical AI Agent for improving clinical documentation efficiency in Southeastern Ontario hospitals. Where To Now? Reveal the 152 hidden gems, such as , and , among o...
Earnings Call Insights: Werner Enterprises (WERN) Q4 2025 Management View Derek Leathers, Chairman & CEO, opened by stating, "We see signs of encouragement for the industry and Werner as we move into 2026. During this prolonged and unprecedented multiyear downturn, we have focused on executing our strategy to position our business for revenue and earnings growth as demand returns." He highlighted ...
Earnings Call Insights: Werner Enterprises (WERN) Q4 2025 Management View Derek Leathers, Chairman & CEO, opened by stating, "We see signs of encouragement for the industry and Werner as we move into 2026. During this prolonged and unprecedented multiyear downturn, we have focused on executing our strategy to position our business for revenue and earnings growth as demand returns." He highlighted the restructuring of the One-Way trucking business, targeting specialized Expedited, Cross-Border Mexico, and engineered business, expecting "meaningful earnings improvement in TTS in 2026." Leathers emphasized the acquisition of FirstFleet, describing it as "immediately accretive and dovetails with our strategy to lean further into profitable, sustainable growth in Dedicated with large, complex shippers across diverse markets." He noted, "With ongoing capacity attrition and the early signs of demand improvement, the outlook for Werner in 2026 is more positive than it's been for several years." Leathers reported, "Disciplined pricing led to a smaller fleet and lower Truckload Logistics volumes. Higher One-Way miles per truck partially offset those factors, resulting in fourth quarter revenues that were 2% lower year-over-year." Dedicated revenues increased by low single digits, driven by higher average fleet size, with positive momentum and early rate increases. He stated, "The addition of FirstFleet grows Dedicated by 50% and the combined Dedicated portfolio represents over half of our $3.6 billion pro forma revenue." On technology, Leathers said, "By the end of 2025, 95% of One-Way loads and 85% of Dedicated trips were migrated to the platform. Logistics volumes were transitioned to EDGE previously and have contributed to lower OpEx and cost to serve." Christopher Wikoff, Executive VP, Treasurer & CFO, reported, "Fourth quarter revenues totaled $738 million, down 2%. Full year revenues also declined 2%. Adjusted operating income was $11.3 million and adjusted operating ma...
Management's latest update brings some significant changes to the cryptocurrency exchange company. Shares in cryptocurrency exchange and custodian bank Gemini Space Station (GEMI 8.72%) declined by19.7% in the week to Friday morning. The decline comes as the company is embarking on a fundamental restructuring of its business. Here's the lowdown. Lower cryptocurrency prices The following chart tell...
Management's latest update brings some significant changes to the cryptocurrency exchange company. Shares in cryptocurrency exchange and custodian bank Gemini Space Station (GEMI 8.72%) declined by19.7% in the week to Friday morning. The decline comes as the company is embarking on a fundamental restructuring of its business. Here's the lowdown. Lower cryptocurrency prices The following chart tells part of the story. The collapse in cryptocurrency prices (Bitcoin and Ethereum are the two most important supported cryptocurrencies for Gemini) has coincided with a decline in Gemini's stock price. While it's easy to show a price chart that looks like the coastline of Scotland, the reality is that Gemini's exchange transaction revenues are likely to suffer when cryptocurrencies fall. In addition, lower cryptocurrency prices reduce the dollar value of assets it has in custody, which will put pressure on its custodial fees. Gemini Space Station's big changes In addition, amid falling cryptocurrency prices, investors have to digest the recent announcement that the company intends to lay off staff globally and exit operations in the U.K., the European Union, and Australia, which has shifted the focus to the US. The intent being to reduce costs and nring the company nearer to profitability. In addition, the company's high-profile management team, Tyler and Cameron Winklevoss, will focus on expanding its prediction markets business as well as the cryptocurrency exchange business in the US.
Saputo press release ( SAPIF ): Adjusted net earnings of C$0.57 per share. Revenues of C$4.888 billion, down C$106 million or 2.1%, driven by lower US dairy commodity market pricing. More on Saputo Danone, Saputo in focus as China sets 21.9%-42.7% duties on EU dairy exports Seeking Alpha’s Quant Rating on Saputo Historical earnings data for Saputo Dividend scorecard for Saputo Financial informatio...
Saputo press release ( SAPIF ): Adjusted net earnings of C$0.57 per share. Revenues of C$4.888 billion, down C$106 million or 2.1%, driven by lower US dairy commodity market pricing. More on Saputo Danone, Saputo in focus as China sets 21.9%-42.7% duties on EU dairy exports Seeking Alpha’s Quant Rating on Saputo Historical earnings data for Saputo Dividend scorecard for Saputo Financial information for Saputo
Markus Volk/iStock Editorial via Getty Images Shares of Rheinmetall AG ( RNMBF , RNMBY , RHM:CA ) came under pressure following an analyst briefing . The stock lost around 6.4% of its value, but we note that the stock is still up 9% since my strong buy rated report on Rheinmetall against a flat market. In this report, I briefly review the content of the briefing and update my price targets accordi...
Markus Volk/iStock Editorial via Getty Images Shares of Rheinmetall AG ( RNMBF , RNMBY , RHM:CA ) came under pressure following an analyst briefing . The stock lost around 6.4% of its value, but we note that the stock is still up 9% since my strong buy rated report on Rheinmetall against a flat market. In this report, I briefly review the content of the briefing and update my price targets accordingly. Rheinmetall Reaffirms Guidance From December The guidance for 2025 was reaffirmed. The company aims for 30-35 percent growth in sales and operating margins of 18.5%-19%. These are pro-forma figures after the planned deconsolidation of the civil business activities. In connection with the sale of the civil activities, the company has taken a non-cash impairment charge of €350 million. Rheinmetall Guides For €15 To €16 Billion In Sales Rheinmetall AG Rheinmetall shares seemingly fell because the company announced that it would have operational revenues of €15 billion to €16 billion in 2026, but its reported revenues would be around 12% lower. Furthermore, the company indicated €1.3 billion to €1.5 billion in sales for the acquired NVL business giving Rheinmetall an entry into the naval market. The revenues outlook includes the timing of the consolidation and F126 program delays for NVL. The company also shared that it expected margins of 18% to 20%. The company had already hinted on PPA mechanisms and consolidation effects during the Capital Market day: No, if you add all the divisions, you are right, but there is a consolidation. So basically, there is some reduction when you put all the divisions together through the integration and the collaboration between the divisions. So the additional revenue is not fully complementary to the EUR 50 billion. It's part of this estimate or target for 2030. And we don't know whether it will be EUR 1 billion exactly every year or will be EUR 3 billion in total for the next 4 to 5 years. Admittedly, a 12% gap between reported and rev...
Check out the companies making headlines before the bell. Amazon — Shares tumbled 7% after the ecommerce giant reported $1.95 in earnings per share in the fourth quarter, narrowly missing the consensus forecast of $1.97 per share from analysts polled by LSEG. Amazon also said to expect $200 billion in capital expenditures for 2026. Molina Healthcare — The health insurance company plunged 28% after...
Check out the companies making headlines before the bell. Amazon — Shares tumbled 7% after the ecommerce giant reported $1.95 in earnings per share in the fourth quarter, narrowly missing the consensus forecast of $1.97 per share from analysts polled by LSEG. Amazon also said to expect $200 billion in capital expenditures for 2026. Molina Healthcare — The health insurance company plunged 28% after posting an adjusted loss per share of $2.75, weighed down by premium adjustments in Medicaid and cost pressures in Medicare. Molina said full-year revenue should come in at $44.5 billion, under the prediction for $46.55 billion from analysts surveyed by LSEG. Reddit — The social network's stock popped 13% after its fourth-quarter earnings came in ahead of expectations. Reddit additionally gave upbeat guidance for 2026 and announced a $1 billion share buyback program. Strategy — Shares of the bitcoin treasury firm are up 8%, marking a bounce back from their 17% plunge during the previous trading day. Shares recovered as bitcoin rebounded 5% on Friday. The token was last trading at $66,541.10, after falling as low as $60,062 during Thursday's session. Drugmakers — Food and Drug Administration Commissioner Martin Makary said late Thursday in a social media post that the "FDA will take swift action against companies mass-marketing illegal copycat drugs, claiming they are similar to FDA-approved products." Novo Nordisk and Eli Lilly shares rose 8% and 4%, respectively, while Hims & Hers Health's stock fell 6%. — CNBC's Alex Harring contributed reporting
Key Points Sales of Nvidia's and Broadcom's chips should continue to boom. Taiwan Semiconductor is building the majority of chips used in AI. Nebius expects huge growth from renting out its computing power. 10 stocks we like better than Nvidia › The artificial intelligence (AI) buildout is a time for investors to potentially create generational wealth. Trillions of dollars will be spent on AI comp...
Key Points Sales of Nvidia's and Broadcom's chips should continue to boom. Taiwan Semiconductor is building the majority of chips used in AI. Nebius expects huge growth from renting out its computing power. 10 stocks we like better than Nvidia › The artificial intelligence (AI) buildout is a time for investors to potentially create generational wealth. Trillions of dollars will be spent on AI computing over the next few years, and ensuring that your portfolio is properly positioned to take advantage of this massive spending could create generational wealth for you. The key is to buy the right stocks. I've got four that I think can help accomplish this worthy goal. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Nvidia and Broadcom Unless you've been stuck in a cave, it's hard not to have heard about Nvidia(NASDAQ: NVDA) over the past three years. Its graphics processing units (GPUs) have become the primary computing unit for powering AI workloads. As a result, Nvidia has become the largest company in the world. Broadcom(NASDAQ: AVGO) is lesser known but starting to become popular. The company does a lot of things, but its primary product in the AI space is its custom AI chips. While Nvidia's GPUs are great for a wide variety of workloads, Broadcom is specifically designing chips for known workloads. Neither one of these solutions will become the sole winner, so owning a combination of these two makes perfect sense. Investors may look at the stock charts of these two companies and believe they've missed the boat, but that's far from the truth. There's a ton of growth left in AI, and Nvidia believes that global data center capital expenditures will reach $3 trillion to $4 trillion annually by 2030. That's plenty of spending to go around, making these two stocks fantastic buys right now. Taiwan Semiconductor Both Nvidia and Broadcom are on the desig...
Key Points The memory-chip industry is surging because of generative AI related data center demand. This trend is great news for Micron. The stock's low valuation leaves room for continued growth. 10 stocks we like better than Micron Technology › It's going on four years since OpenAI's ChatGPT introduced the world to generative artificial intelligence (AI), and the megatrend shows no sign of slowi...
Key Points The memory-chip industry is surging because of generative AI related data center demand. This trend is great news for Micron. The stock's low valuation leaves room for continued growth. 10 stocks we like better than Micron Technology › It's going on four years since OpenAI's ChatGPT introduced the world to generative artificial intelligence (AI), and the megatrend shows no sign of slowing down. Shares of Micron Technology (NASDAQ: MU) initially lagged behind early winners like Nvidia, but they are now playing catch-up in spectacular fashion, with the stock up about 600% during the past three years. Despite the explosive growth, Micron's shares still trade at a reasonable price compared to alternatives in the technology industry. Let's find out why the memory chip company still looks poised for success and try to predict where the shares might end up by the end of 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 » Memory hardware is crucial for generative AI The AI hardware story usually focuses on graphics processing units (GPUs) and other similar chips that do the brunt of the work of running and training large language models (LLMs). But behind the scenes, computer memory is needed to store the vast quantities of data needed to train LLMs while also providing the "working memory" these algorithms need to access information in real time and respond to user queries. According to analysts at Goldman Sachs, AI companies could make more than a half-trillion dollars in capital expenditures related to data centers in 2026 alone. Memory chip producers like Micron will likely capture a significant chunk of that spending. And the momentum has already begun. Micron's fiscal first-quarter revenue jumped 57% year over year to $13.6 billion, driven by strength across all its operating divisions ...
Perella Weinberg Partners press release ( PWP ): Q4 Non-GAAP EPS of $0.17 beats by $0.07 . Revenue of $219M (-3.1% Y/Y) beats by $47.36M . The Board of Directors has declared a quarterly dividend of $0.07 per share of Class A common stock. The dividend will be paid on March 9, 2026 to Class A common stockholders of record on February 17, 2026. More on Perella Weinberg Partners Perella Weinberg: To...
Perella Weinberg Partners press release ( PWP ): Q4 Non-GAAP EPS of $0.17 beats by $0.07 . Revenue of $219M (-3.1% Y/Y) beats by $47.36M . The Board of Directors has declared a quarterly dividend of $0.07 per share of Class A common stock. The dividend will be paid on March 9, 2026 to Class A common stockholders of record on February 17, 2026. More on Perella Weinberg Partners Perella Weinberg: Tough Comps YOY, But Not Matching The Backdrop Sequentially Seeking Alpha’s Quant Rating on Perella Weinberg Partners Historical earnings data for Perella Weinberg Partners Dividend scorecard for Perella Weinberg Partners Financial information for Perella Weinberg Partners