Earnings Call Insights: Super Micro Computer (SMCI) Q2 2026 Management View Charles Liang, Founder, Chairman, President & CEO, emphasized that "Super Micro delivered a strong fiscal Q2 as AI infrastructure demand continues to accelerate across every major customer segment." Liang highlighted record revenue of $12.68 billion for the quarter, driven by AI solutions and the growing adoption of the Da...
Earnings Call Insights: Super Micro Computer (SMCI) Q2 2026 Management View Charles Liang, Founder, Chairman, President & CEO, emphasized that "Super Micro delivered a strong fiscal Q2 as AI infrastructure demand continues to accelerate across every major customer segment." Liang highlighted record revenue of $12.68 billion for the quarter, driven by AI solutions and the growing adoption of the Data Center Building Block Solution (DCBBS). Liang noted that "DCBBS will significantly help us gain market share in large, medium and small AI infrastructure deployments" and expects DCBBS profit contribution to grow to double digits by the end of calendar 2026. He outlined ongoing product expansion, including upcoming NVIDIA Vera Rubin and AMD Helios solutions, and stressed DCBBS as a focal point for the company's fourth phase of product evolution. Liang detailed operational strategies to enhance profitability amid near-term margin pressures, stating, "We are also sharpening our focus on traditional enterprise, cloud and edge IoT customers to further diversify revenue with higher margin." He identified modularized subsystems, increased automation, and global manufacturing footprint expansion as key drivers for long-term margin improvement. David Weigand, Senior VP, CFO, reported, "We achieved record Q2 fiscal year '26 revenue of $12.7 billion, up 123% year-over-year and up 153% quarter-over-quarter compared to our guidance of $10 billion to $11 billion." He added, "AI GPU platforms, which represent over 90% of Q2 revenue, continue to be the key growth driver." Weigand also noted a shift in revenue mix, with OEM appliance and large data center segment revenue now representing 84% of Q2 revenue. Outlook The company guided for Q3 net sales of at least $12.3 billion and full-year 2026 revenue of at least $40 billion. Liang stated, "I'm confident to guide at least $12.3 billion for Q3 and up our full year revenue guidance back to at least $40 billion." Weigand indicated, "We exp...
Sixth Circuit Throws Out DOJ Misconduct Complaint Against Judge Boasberg The Sixth Circuit Court of Appeals has dismissed a Department of Justice misconduct complaint targeting U.S. District Judge James Boasberg. Boasberg, an Obama appointee, has been under fire from the right for multiple partisan rulings against the Trump administration and for approving warrants in former special counsel Jack S...
Sixth Circuit Throws Out DOJ Misconduct Complaint Against Judge Boasberg The Sixth Circuit Court of Appeals has dismissed a Department of Justice misconduct complaint targeting U.S. District Judge James Boasberg. Boasberg, an Obama appointee, has been under fire from the right for multiple partisan rulings against the Trump administration and for approving warrants in former special counsel Jack Smith's Arctic Frost investigation that allowed investigators to seize the phone records of Republican members of Congress, a decision widely seen as a politically motivated assault on lawmakers aligned with the president. The misconduct complaint stemmed from remarks Boasberg reportedly made at the March 2025 Judicial Conference. According to the complaint, he warned Chief Justice John Roberts that the Trump administration intended to “disregard rulings of federal courts” and provoke “a constitutional crisis.” The Trump administration argued those comments crossed ethical lines and violated the judicial code of conduct. The complaint also pointed to Boasberg’s 2025 ruling blocking Trump’s plan to deport Venezuelan nationals to El Salvador’s CECOT prison under the Alien Enemies Act. That decision fueled accusations that Boasberg harbored an ideological bias against Trump’s immigration enforcement priorities. Sixth Circuit Chief Judge Jeffrey S. Sutton formally dismissed the misconduct complaint on December 19, 2025 , though the decision did not become public until this week. In his decision, Sutton emphasized that the federal government provided no credible evidence of the alleged comments . He wrote that the allegations lacked any corroborating source, and "a recycling of unadorned allegations with no reference to a source does not corroborate them." Sutton added that "a repetition of uncorroborated statements rarely supplies a basis for a valid misconduct complaint." Even if the comments attributed to Boasberg were verified, Sutton argued, the Trump administration failed t...
UnitedHealth stock has lost close to half of its value within just the past 12 months. UnitedHealth Group (UNH 0.49%) is a stock that looks to be in deep trouble. As of the end of January, it was already down 13% in 2026. And that's after an already brutal year in 2025, when it fell 35% in value. Investors have been dumping the stock in droves, as things appear to be going from bad to worse. The c...
UnitedHealth stock has lost close to half of its value within just the past 12 months. UnitedHealth Group (UNH 0.49%) is a stock that looks to be in deep trouble. As of the end of January, it was already down 13% in 2026. And that's after an already brutal year in 2025, when it fell 35% in value. Investors have been dumping the stock in droves, as things appear to be going from bad to worse. The company recently released its latest quarterly results, which only exacerbated concerns about its future and whether this is still a good business to invest in. Here's why UnitedHealth stock seems to be in an endless free fall these days, and whether you should consider taking a chance on it. What's weighing down UnitedHealth stock? UnitedHealth reported its fourth-quarter results last week, and they technically weren't all that bad. The company beat expectations on the bottom line as its adjusted earnings per share came in at $2.11 versus the $2.10 that analysts were projecting. The company's top line was a little weak, however, totaling $113.2 billion, which was slightly lower than the $113.82 billion that Wall Street was looking for. It was a slight miss on revenue, but the bigger concern is that the future may not be all that much more promising for UnitedHealth. The Trump administration is proposing that rates are flat for Medicare Advantage in 2027, which is bad news not only for UnitedHealth, but other health insurance companies as well. Analysts were expecting rates to increase by at least 4%, while the government proposal calls for a rate increase of just 0.09%. This is already as UnitedHealth is struggling to grow in 2026. For the current year, it forecasts revenue to be around $439 billion, which would represent a year-over-year decline of 2%. Expand NYSE : UNH UnitedHealth Group Today's Change ( -0.49 %) $ -1.41 Current Price $ 284.18 Key Data Points Market Cap $259B Day's Range $ 278.60 - $ 288.09 52wk Range $ 234.60 - $ 606.36 Volume 11M Avg Vol 8.6M Dividend Y...
The rupee’s biggest rally in seven years will give the central bank scope to rebuild its foreign-exchange reserves, potentially limiting further gains after the boost from the India-US trade deal, according to some analysts. Barclays Bank Plc and Nomura Holdings Inc. are among those predicting that the Reserve Bank of India will use the recovery in the rupee to buy dollars. They recommend shorting...
The rupee’s biggest rally in seven years will give the central bank scope to rebuild its foreign-exchange reserves, potentially limiting further gains after the boost from the India-US trade deal, according to some analysts. Barclays Bank Plc and Nomura Holdings Inc. are among those predicting that the Reserve Bank of India will use the recovery in the rupee to buy dollars. They recommend shorting the rupee — Nomura sees it at 94 to a dollar by May, while Barclays is targeting that level via a three-month offshore position. The rupee gained 1.4% against the dollar on Tuesday, rebounding from Asia’s worst performer last month to be the region’s top gainer. While the RBI has used dollar inflows to further bolster its reserve pile in the past, current Governor Sanjay Malhotra is less predictable when it comes to his foreign exchange strategy, making the currency’s recovery harder to gauge. It may not be a “completely smooth sailing for the rupee,” said Joey Chew , head of Asia FX research at HSBC Holdings Plc . The RBI’s FX policy could complicate things as it “has been intervening in a rather unpredictable way over the past few months to prevent one-sided speculative positioning” in the rupee. The central bank has a large negative short forwards book of $62.4 billion as of December, which means it will need to repay these dollars back. The rupee underperformed in the second quarter of 2025 because the RBI unwound about $25 billion of the book, according to Chew. The central bank sold dollars heavily in 2025 — net $49.5 billion as per Nomura estimates — to support the rupee. Still, forex reserves have surged to a record $709 billion, helped by a weaker greenback, surge in gold prices and RBI’s forex swaps. “A key factor to watch out for would be the levels at which the RBI could buy dollars and rebuild its reserves,” said Dhiraj Nim , forex strategist at Australia and New Zealand Banking Group in Mumbai. The central bank has intervened in the market in recent months to...
(RTTNews) - The Japanese stock market is trading significantly lower on Friday after being in the green most of the morning session, extending the sharp losses in the previous session, with the benchmark Nikkei 225 staying above the 28,300 level, following the broadly negative cues overnight from Wall Street, after data released showed a plunge in household spending and a jump in inflation. Trader...
(RTTNews) - The Japanese stock market is trading significantly lower on Friday after being in the green most of the morning session, extending the sharp losses in the previous session, with the benchmark Nikkei 225 staying above the 28,300 level, following the broadly negative cues overnight from Wall Street, after data released showed a plunge in household spending and a jump in inflation. Traders are also concerned after several countries across the world announced stricter restrictions on movements to curb the fast spreading Omicron variant of the coronavirus. The benchmark Nikkei 225 Index is losing 150.54 points or 0.53 percent to 28,337.33, after hitting a low of 28,294.38 earlier. Japanese shares closed sharply lower on Thursday. Market heavyweight SoftBank Group is gaining almost 3 percent, while Uniqlo operator Fast Retailing is losing almost 1 percent. Among automakers, Honda and Toyota are adding more than 1 percent each. In the tech space, Advantest is edging up 0.5 percent, Tokyo Electron is gaining almost 1 percent and Screen Holdings is adding more than 1 percent. In the banking sector, Mizuho Financial is adding more than 1 percent, Sumitomo Mitsui Financial is gaining almost 2 percent and Mitsubishi UFJ Financial is surging almost 4 percent. Among major exporters, Mitsubishi Electric and Cannon are edging up 0.3 percent each, while Sony is losing almost 1 percent and Panasonic is flat. Among the other major losers, there are no major losers. Conversely, Mitsubishi UFJ Financial Group is gaining more than 4 percent, while Concordia Financial Group and Fujifilm are adding almost 4 percent each. Showa Denko K.K., Fukuoka Financial and Shizuoka Bank are up more than 3 percent each. In economic news, overall consumer prices for the Tokyo region of Japan were up 0.8 percent on year in December, the Ministry of Internal Affairs and Communication said on Friday. That was in line with expectations and up from the 0.5 percent gain in November. Core CPI, which...
is a senior reporter covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme. Posts from this author will be added to your daily email digest and your homepage feed. Adobe is no longer planning to discontinue Adobe Animate on March 1st. In an FAQ, the company now says that Animate will now be in maintenance mode and that it has “no plans to discontinue...
is a senior reporter covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme. Posts from this author will be added to your daily email digest and your homepage feed. Adobe is no longer planning to discontinue Adobe Animate on March 1st. In an FAQ, the company now says that Animate will now be in maintenance mode and that it has “no plans to discontinue or remove access” to the app. Animate will still receive “ongoing security and bug fixes” and will still be available for “both new and existing users,” but it won’t get new features. Many creators expressed frustration after Adobe’s original discontinuation announcement from Monday (here’s a Wayback Machine link), and the application is still used by creators like David Firth, the person behind the animated web series Salad Fingers. Now, Adobe says that “We are committed to ensuring Animate users always have access to their content regardless of the state of development of the application.” An announcement email that went out to Adobe Animate customers about the discontinuation did “not meet our standards and caused a lot of confusion and angst within the community,” according to a Reddit post from Adobe community team member Mike Chambers. Animate will be available in maintenance mode “indefinitely” to “individual, small business, and enterprise customers,” according to Adobe. Before the change, Adobe said that non-enterprise customers could access Animate and download content until March 1st, 2027, while enterprise customers had until March 1st, 2029.
Key Points The energy sector is known for being volatile. These three high-yielders are known for their reliability as passive-income stocks. 10 stocks we like better than Enterprise Products Partners › Oil and natural gas are volatile commodities. They are also vitally important energy sources for a world that demands more energy each year. Even conservative dividend investors should probably hav...
Key Points The energy sector is known for being volatile. These three high-yielders are known for their reliability as passive-income stocks. 10 stocks we like better than Enterprise Products Partners › Oil and natural gas are volatile commodities. They are also vitally important energy sources for a world that demands more energy each year. Even conservative dividend investors should probably have some exposure to the energy sector. Here are three ultra-high-yield energy stock options for you to consider. 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 » The most boring energy segment If you are a conservative income investor, the best choice in the energy patch is likely to be a midstream business like Enterprise Products Partners (NYSE: EPD) or Enbridge (NYSE: ENB). These companies own the infrastructure that helps to move oil and natural gas around the world. They charge customers fees for the use of their assets, so the price of energy isn't particularly important to their financial results. Energy demand is a stronger driver, and it tends to remain high even when oil prices are low. The proof of their business model's strength lies in their dividend history. Enbridge has increased its dividend annually, in Canadian dollars, for three decades. Master limited partnership (MLP) Enterprise has increased its distribution annually for 27 years. However, because they are generally slow-growing businesses, the yields tend to be high. Enbridge's yield is 5.6%, with Enterprise's yield coming in at 6.3%. If you are looking to maximize the income your portfolio generates, either of these ultra-high-yield, boring energy stocks would be a great option for your income portfolio. An energy-focused high-yield option If you are looking for more direct exposure to energy, then you'll probably want to consider TotalEnergies (NYSE: TTE). It is an integrated energ...
Singapore’s two largest state-owned investors are making major changes to the way they work with hedge funds, in moves that could affect billions of dollars in allocations. Sovereign wealth fund GIC Pte is in the midst of a shakeup of its external managers department, replacing its veteran head and hiring additional staff, according to people familiar with the matter. Temasek Holdings Pte has been...
Singapore’s two largest state-owned investors are making major changes to the way they work with hedge funds, in moves that could affect billions of dollars in allocations. Sovereign wealth fund GIC Pte is in the midst of a shakeup of its external managers department, replacing its veteran head and hiring additional staff, according to people familiar with the matter. Temasek Holdings Pte has been contacting a wider pool of hedge funds for potential investments, people familiar said. The unconnected moves could have major implications for the money available to the world’s biggest hedge funds. GIC is a significant source of capital for the sector. Temasek has traditionally made relatively few investments with such outside managers directly, preferring to deploy money via subsidiaries like Seviora Holdings Pte and investees like Avanda Investment Management Pte. Betty Tay, GIC’s head of the external managers department, plans to retire from the role and eventually be replaced by Kwong Hong Huat , people familiar said. Formerly head of the Asia total returns public equities team, Kwong became the deputy director of the external managers department last month in preparation for the move. “Organizational and leadership changes are part of GIC’s business planning process to ensure we remain well‑positioned for the future,” a GIC spokesperson said in an emailed statement confirming the moves. Tay has spent more than two decades at the firm, having previously worked at Bankers Trust Co. (Singapore) and DBS Group Holdings Ltd . Read More: Singapore’s GIC Seeks to Sell $1 Billion of Stakes in PE Funds GIC doesn’t reveal how much it has under management, but consulting firm Global SWF estimates its assets were about $936 billion as of March last year, around 1.5% of which was placed with hedge funds. The firm is hiring for at least four positions in its external managers department, from associate to vice president levels, according to job postings on LinkedIn. It’s unclear h...
AlexSecret/iStock via Getty Images By Elior Manier Yesterday’s Manufacturing PMI beat (52.6 vs. 48.5 expected) has brought traditional and defensive sectors back into the spotlight for equity investors. US Manufacturing PMI since 2022 – Source: TradingEconomics After a volatile January, traders are still searching for the dominant trend heading into 2026. So far, only one theme stands out: global ...
AlexSecret/iStock via Getty Images By Elior Manier Yesterday’s Manufacturing PMI beat (52.6 vs. 48.5 expected) has brought traditional and defensive sectors back into the spotlight for equity investors. US Manufacturing PMI since 2022 – Source: TradingEconomics After a volatile January, traders are still searching for the dominant trend heading into 2026. So far, only one theme stands out: global divergence and increasingly concentrated trends. Passive investing is a strategy of the past. For nearly 15 years, buying almost anything - especially technology - was a winning strategy. Tech has outperformed all major indices since the 2000s, a trend reinforced by today’s consumption patterns and the dominance of the Magnificent Seven. Per Sector Performance since 2026 – Source: TradingView However, with the AI narrative now largely priced in, equities are reacting less to earnings beats and more to longer-term macro and valuation themes. One such development is the resilience of the global economy despite tariffs and recurring trade tensions. In that context, the US continues to beat growth expectations, providing a strong demand backstop. When highly valued areas of the market (AI and Tech) appear fairly priced while growth remains solid, capital naturally rotates toward more resilient, lower-beta sectors. Relative valuation and wealth effects begin to lift previously overlooked parts of the market. Dow Jones to Nasdaq Relative Strength – Source: TradingView That rotation is exactly what we are seeing today. This does not look like rising risk aversion, but rather a deliberate rebalancing toward defensive and traditional equities — a theme that has been building since October 2025. Let’s dive into today’s session charts and key trading levels for the major US indices: the Dow Jones, Nasdaq, and S&P 500, as profit-taking flows could confirm the broader range. Current picture for the Stock Market (11:57 A.M. ET) – Source: TradingView – February 3, 2026 As you can see, sec...
In this article PINS Follow your favorite stocks CREATE FREE ACCOUNT Bill Ready, CEO of Pinterest, speaks at the 28th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California, on May 5, 2025. Patrick T. Fallon | AFP | Getty Images Pinterest CEO Bill Ready rebuked staffers who created an internal tool to track layoffs at the company, and fired those involved. "He...
In this article PINS Follow your favorite stocks CREATE FREE ACCOUNT Bill Ready, CEO of Pinterest, speaks at the 28th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California, on May 5, 2025. Patrick T. Fallon | AFP | Getty Images Pinterest CEO Bill Ready rebuked staffers who created an internal tool to track layoffs at the company, and fired those involved. "Healthy debate and dissent are expected, that's how we make our decisions," Ready said at a companywide meeting last week, according to audio obtained by CNBC. "But there's a clear line between constructive debate and behavior that's obstructionist." Pinterest announced on Jan. 27 that it would lay off less than 15% of its workforce and cut back on office space as part of a broader restructuring aimed at directing resources toward artificial intelligence projects. The company said it expects the layoffs will be complete by the end of September. Following the announcement, Pinterest's technology chief addressed the layoffs in a meeting. Some employees asked which teams were impacted and whether more job cuts were coming, according to a person familiar with the matter who asked not to be named because the meeting was private. Several Pinterest engineers then created an internal software tool to try and quantify the layoffs. Pinterest fired the engineers on Friday, the person said. It's unclear how many employees were let go. Ready defended the moves at an all-hands meeting on Friday, saying Pinterest was facing a "critical moment" in the industry. Employees should consider a job elsewhere if they're "working against the direction of the company" and disagree with its mission, he said. Ready said Pinterest wouldn't disclose detailed information about the layoffs out of a concern for staffers' privacy. "I know people have natural curiosity around these things," Ready said. "We shared some of those major structural changes. The smaller ones, those will be communicated at the team ...
A rare cold snap across Florida has left thousands of iguanas 'cold stunned' and immobile, with some falling from trees. The state's wildlife agency says they're ripe for capturing. Reptiles like iguanas are ectotherms, meaning their internal body temperature is affected by the weather outside. When it gets too cold – temperatures in Florida have dropped to below 50F (10C) – their internal process...
A rare cold snap across Florida has left thousands of iguanas 'cold stunned' and immobile, with some falling from trees. The state's wildlife agency says they're ripe for capturing. Reptiles like iguanas are ectotherms, meaning their internal body temperature is affected by the weather outside. When it gets too cold – temperatures in Florida have dropped to below 50F (10C) – their internal process slow down, leading to the phenomenon known as 'cold stunning.' Florida's wildlife agency has asked the public to capture these iguanas, who are an invasive species not native to the state, while they're immobile. They report that more than 2,000 cold stunned iguanas have been handed over to authorities so far.
Earnings Call Insights: Amgen Inc. (AMGN) Q4 2025 Management View Robert Bradway, Chairman & CEO, highlighted that "14 of our products achieved blockbuster status with sales of $1 billion or more, 13 products delivered double-digit sales growth and 18 products achieved record results for us. The strength of that broad portfolio enabled us to post double-digit growth in revenues and earnings per sh...
Earnings Call Insights: Amgen Inc. (AMGN) Q4 2025 Management View Robert Bradway, Chairman & CEO, highlighted that "14 of our products achieved blockbuster status with sales of $1 billion or more, 13 products delivered double-digit sales growth and 18 products achieved record results for us. The strength of that broad portfolio enabled us to post double-digit growth in revenues and earnings per share for 2025." He emphasized the ongoing momentum in Repatha, EVENITY, and TEZSPIRE, each growing by more than 30% year-over-year, and identified these as long-term growth drivers. Bradway noted the rare disease portfolio generated more than $5 billion in 2025, and oncology portfolio growth was driven by the BiTE platform, particularly IMDELLTRA, which "has rapidly become the standard of care in patients with second line or later small cell lung cancer, supported by unprecedented survival benefits." On biosimilars, Bradway stated, "Our biosimilars portfolio has contributed more than $13 billion in sales since the launch of our first medicine there in 2018. With $3 billion in 2025 sales, this business is an important contributor to our organization and poised for growth with the next wave of biosimilar launches." Research and development momentum was underscored, with Bradway expressing confidence in MariTide, labeling it "the only therapy in late-stage development to offer the paradigm-changing prospect of strong efficacy and favorable tolerability at monthly, every other month or even quarterly dosing." Peter Griffith, Executive VP & CFO, stated, "For the full year, we delivered a non-GAAP operating margin of 46%. We continue to invest in advancing our pipeline with non-GAAP R&D spending increased 22% year-over-year for the full year to a record $7.2 billion." He added, "We generated $8.1 billion in free cash flow for the full year, reflecting operational momentum across the business and rigorous management of working capital, all while continuing to invest in innovation."...
Malaysia ’s state-owned firm Petronas is set to sign a liquefied natural gas supply deal with QatarEnergy as the Southeast Asian nation seeks more supplies of the super-chilled fuel, according to two sources familiar with the matter. Petroliam Nasional, or Petronas , will sign a contract for up to 2 million tonnes (2.2 million tons) per annum of LNG, one of the sources said. Qatar is the world’s s...
Malaysia ’s state-owned firm Petronas is set to sign a liquefied natural gas supply deal with QatarEnergy as the Southeast Asian nation seeks more supplies of the super-chilled fuel, according to two sources familiar with the matter. Petroliam Nasional, or Petronas , will sign a contract for up to 2 million tonnes (2.2 million tons) per annum of LNG, one of the sources said. Qatar is the world’s second-largest LNG exporter after the United States , shipping out 81.07 million tonnes of the fuel last year, according to Kpler data. Advertisement Its massive North Field expansion project will produce its first LNG in the second half of 2026. When at full production, the project is expected to produce 126 million tonnes of LNG per annum by 2027, boosting QatarEnergy’s output by some 85 per cent from its current 77 million tonnes per annum. Petronas is up against dwindling domestic gas reserves while local demand for the fuel rises, prompting it to actively pursue new gas opportunities abroad and form partnerships with other energy firms while seeking new long-term LNG import deals. Advertisement The firm said last year it was working to get a third regasification plant up and running in Malaysia. In recent years, Petronas has signed LNG import deals with Woodside Energy, Commonwealth LNG, Venture Global and ADNOC.