Aziz Shamuratov /iStock Editorial via Getty Images Polaris ( PII ) reported worldwide sales were up 9% in Q4 to $1.92B. North America sales of $1.62B, representing 84% of total company sales, were up 10% from last year's tally. International sales rose 4% to $299 million and represented 16% of total company sales. Polaris ( PII ) highlighted sales were positively impacted by higher shipment volume...
Aziz Shamuratov /iStock Editorial via Getty Images Polaris ( PII ) reported worldwide sales were up 9% in Q4 to $1.92B. North America sales of $1.62B, representing 84% of total company sales, were up 10% from last year's tally. International sales rose 4% to $299 million and represented 16% of total company sales. Polaris ( PII ) highlighted sales were positively impacted by higher shipment volumes to meet demand. Off-road sales were up 11% to 1.6B during the quarter that ended on December 31, and on-road sales rose 4% to $187.2M. Marine sales were 1% higher at $138.3M. Polaris' ( PII ) gross profit margin fell 40 basis points during the quarter to 20.0% of sales. Adjusted gross profit margin of 20.3 percent decreased 77 basis points, primarily driven by tariffs and net price, partially offset by positive mix within ORV and volume. EPS was reported at $0.08 vs. $0.045 consensus and $0.92 a year ago. CEO update: "We delivered strong results for the year, gaining share across our segments, enhancing operations, achieving healthy dealer inventory levels, and advancing strategies that strengthen our foundation. Our long-term growth plan remains anchored in category-defining innovation, efficient operations, and a best-in-class dealer network. We believe these priorities position us to lead the industry, drive profitable growth, and deliver strong returns for shareholders." Looking ahead, Polaris ( PII ) expects 2026 sales growth of 1% to 3%. Full-year EPS of $1.50 to $1.60 (midpoint $1.55) is anticipated vs. $1.72 consensus. Shares of Polaris ( PII ) were down 6.0% in premarket trading to $65.00. The stock has been in a strong uptrend since last May. More on Polaris Polaris - Issues Remain, The Upside Is Already Included Polaris: Buy This Dividend Aristocrat As Turnaround Continues Polaris to close Wisconsin plant following Indian Motorcycle sale Polaris prices $500M senior notes offering Seeking Alpha’s Quant Rating on Polaris
SeanShot/iStock Unreleased via Getty Images Pinterest ( PINS ) on Tuesday announced a global restructuring plan that is expected to result in less than 15% workforce reduction. Shares were -3.17% pre-market to $25.08. The San Francisco-based visual search and discovery platform said its board has approved the plan, which is also expected to result in office space reductions. The move is anticipate...
SeanShot/iStock Unreleased via Getty Images Pinterest ( PINS ) on Tuesday announced a global restructuring plan that is expected to result in less than 15% workforce reduction. Shares were -3.17% pre-market to $25.08. The San Francisco-based visual search and discovery platform said its board has approved the plan, which is also expected to result in office space reductions. The move is anticipated to lead to pre-tax restructuring charges of ~$35M-$45M. The charges are expected to be primarily cash-related expenditures. The plan is expected to be completed by the end of the third quarter. More on Pinterest Pinterest: I'm Giving Up On This Company (Rating Downgrade) Pinterest: Delivering And Not Delivering At The Same Time Pinterest Post-Q3: Strong Growth Amid Ad-Spend Pressures - A GARP Opportunity Why some social media 'influencers' want you to stop watching them Could OpenAI make a move on Pinterest?
Humanity is entering a phase of artificial intelligence development that will “test who we are as a species”, the boss of leading AI startup Anthropic has said, arguing that the world needs to “wake up” to the risks. Dario Amodei, co-founder and chief executive of the company behind the hit chatbot Claude, voiced his fears in a 19,000-word essay entitled “the adolescence of technology”. Describing...
Humanity is entering a phase of artificial intelligence development that will “test who we are as a species”, the boss of leading AI startup Anthropic has said, arguing that the world needs to “wake up” to the risks. Dario Amodei, co-founder and chief executive of the company behind the hit chatbot Claude, voiced his fears in a 19,000-word essay entitled “the adolescence of technology”. Describing the arrival of highly powerful AI systems as potentially imminent, he wrote: “I believe we are entering a rite of passage, both turbulent and inevitable, which will test who we are as a species.” Amodei added: “Humanity is about to be handed almost unimaginable power, and it is deeply unclear whether our social, political, and technological systems possess the maturity to wield it.” It cannot possibly be more than a few years before AI is better than humans at essentially everything Dario Amodei The tech entrepreneur, whose company is reportedly worth $350bn (£255bn), said his essay was an attempt to “jolt people awake” because the world needs to “wake up” to the need for action on AI safety. Amodei published the text as the UK government announced Anthropic would help create chatbots that support jobseekers with career advice and finding employment, as part of developing an AI assistant for public services in general. Last week, the company published an 80-page “constitution” for Claude in which it set out how it wanted to make its AI “broadly safe, broadly ethical”. Amodei co-founded Anthropic in 2021 along with other former staff members from rival OpenAI, which developed ChatGPT. A prominent voice for online safety known for warning consistently on the dangers of unrestrained AI development, he wrote that the world is “considerably closer to real danger” in 2026 than it was in 2023, when the debate over existential risk from AI raced up the political agenda. He alluded to the controversy over sexualised deepfakes created by Elon Musk’s Grok AI that flooded the social m...
primeimages/iStock via Getty Images Asset class: U.S. Equity Objective: Seeks long-term capital appreciation Portfolio management William Scott Priebe Portfolio Manager Fund tenure since 2009 José Muñoz, CFA Portfolio Manager Fund tenure since 2017 Market Environment 2025 was one of the most speculative markets Geneva has participated in. The riskiest corners of the equity market, particularly any...
primeimages/iStock via Getty Images Asset class: U.S. Equity Objective: Seeks long-term capital appreciation Portfolio management William Scott Priebe Portfolio Manager Fund tenure since 2009 José Muñoz, CFA Portfolio Manager Fund tenure since 2017 Market Environment 2025 was one of the most speculative markets Geneva has participated in. The riskiest corners of the equity market, particularly anything tied (directly or loosely) to AI, played an outsized role in driving index-level returns. While that trend is understandable, what has made this year so unusual is the persistent “two-track” narrative: headlines have been dominated by tariffs, politics, and a clear cooling in parts of the labor market, yet most major asset classes delivered strong results and risk pricing remained remarkably calm. By year-end, that resilience was visible in both prices and spreads. The S&P 500® Index ended 2025 near record highs with a 16.4% advance, delivering its seventh double-digit increase over the past nine years. That said, a large portion of these gains were again concentrated around large-cap technology companies with the equal-weighted S&P only increasing 9.3%. After April, large-cap earnings estimates continued to drift higher, but it seems that small-cap earnings are finally starting to broaden and catch-up. Credit remains relatively calm as well with investment-grade option-adjusted spreads sitting at 0.8%, and high-yield spreads at 3.0% in December, both near the tighter end of their post-2008 ranges and a clear signal that markets are still rewarding risk-taking rather than paying investors to worry. In this juxtaposed backdrop, investors may reasonably ask: what kept the rally alive since the April lows, and what could change as we turn the page into 2026? We believe the answer is tied to liquidity, easing financial conditions, and sustained enthusiasm for growth narratives which are all now reinforced by a Federal Reserve that is actively easing as labor conditions so...
After rocky start, Bari Weiss to cut staff, add commentators at CBS News toggle caption Spencer Platt/Getty Images CBS News Editor in Chief Bari Weiss has scheduled an all-staff meeting for late Tuesday morning at which she intends to announce significant cuts and the strategic path she wants the troubled news division to take. In her brief tenure, Weiss has alienated much of the staff of 60 Minut...
After rocky start, Bari Weiss to cut staff, add commentators at CBS News toggle caption Spencer Platt/Getty Images CBS News Editor in Chief Bari Weiss has scheduled an all-staff meeting for late Tuesday morning at which she intends to announce significant cuts and the strategic path she wants the troubled news division to take. In her brief tenure, Weiss has alienated much of the staff of 60 Minutes , the crown jewel of the news division, sought to reinvent the CBS Evening News, and questioned whether her own journalists have been fair or worthy of Americans' trust in the past. Weiss is planning to tell her newsroom Tuesday that she intends to hire approximately 18 paid commentators and that she only wants top-flight performers committed to her approach to stick around. Sponsor Message The details above are affirmed by three people inside CBS News with direct knowledge of the broad strokes of her plans. They spoke on condition of anonymity because they were not authorized to speak about internal network matters. Overall, this story draws on interviews with eight current and former CBS News journalists. All of those still at the network spoke on condition they not be named, citing professional repercussions. Several noted that Weiss has told staffers she welcomes internal debate but cannot abide public dissent. Weiss has expressed exuberance about the task she confronts at the third-place news division and an eagerness to learn about broadcast news. She has said she wants to appeal to centrist Americans on the right and left. While Weiss has been welcomed by some CBS journalists, including national legal correspondent Jan Crawford, others have taken issue with her style of leadership and the editorial choices that have followed her arrival. In addition, liberal critics outside the network have blasted her, alleging that she is doing the handiwork of the networks' owners, who are allies of President Trump and are seeking his help in trying to take over Warner Bros. Di...
Cyngn ( CYN ) on Tuesday said that 2025 sales of its autonomous DriveMod Tuggers tripled from 2024, driven by faster customer adoption and increased operations at enterprise sites, sending shares up 60% in premarket trading. The robotics company expects additional deployments to begin in early 2026, including multi-vehicle implementations and fleet expansions at existing customer sites. "Tripling ...
Cyngn ( CYN ) on Tuesday said that 2025 sales of its autonomous DriveMod Tuggers tripled from 2024, driven by faster customer adoption and increased operations at enterprise sites, sending shares up 60% in premarket trading. The robotics company expects additional deployments to begin in early 2026, including multi-vehicle implementations and fleet expansions at existing customer sites. "Tripling the number of vehicles ordered year-over-year reflects real operational momentum," said Cyngn ( CYN ) CEO Lior Tal. More on Cyngn Seeking Alpha’s Quant Rating on Cyngn Historical earnings data for Cyngn Financial information for Cyngn
(RTTNews) - The FOMC minutes might be the major focus on Wednesday. Initial trends in the U.S. Futures Index suggests that Wall Street might open broadly up. In the Asian trading session, the dollar gained, while gold ticked up. Oil inched up. Asian shares finished mostly lower, while European shares are trading broadly down. As of 8.05 am ET, the Dow futures were down 9.00 points, the S&P 500 fut...
(RTTNews) - The FOMC minutes might be the major focus on Wednesday. Initial trends in the U.S. Futures Index suggests that Wall Street might open broadly up. In the Asian trading session, the dollar gained, while gold ticked up. Oil inched up. Asian shares finished mostly lower, while European shares are trading broadly down. As of 8.05 am ET, the Dow futures were down 9.00 points, the S&P 500 futures were adding 5.25 points and the Nasdaq 100 futures were progressing 47.75 points. The U.S. major averages finished higher on Tuesday. The Nasdaq shot up 461.96 points or 2.5 percent to 19,199.16, the S&P 500 surged 118.72 points or 2.1 percent to 5,921.54 and the Dow jumped 740.58 points or 1.8 percent to 42,343.65. On the Economic front, the Richmond Fed Manufacturing Index for May will be issued at 10.00 am ET. In the prior month, the Index was down 13.0. Two-year Floating Rate Note or FRN auction will be held at 11.30 am ET. Five-year Treasury Note auction will be held at 1.00 pm ET. The Federal Open Market Committee or FOMC minutes will be issued at 2.00 pm ET. Asian stocks ended lower on Wednesday. China's Shanghai Composite index finished marginally lower at 3,339.93. Hong Kong's Hang Seng index dipped 0.53 percent to 23,258.31. Japanese shares ended little changed. Australian markets ended slightly lower. The benchmark S&P/ASX 200 dipped 0.13 percent to 8,396.90. The broader All Ordinaries index ended little changed at 8,624.90. European shares are trading broadly lower. CAC 40 of France is declining 10.54 points or 0.13 percent. DAX of Germany is declining 91.49 points or 0.38 percent. FTSE 100 of England is sliding 5.76 points or 0.07 percent. The Swiss Market Index is falling 95.45 points or 0.77 percent. Euro Stoxx 50 that provides a Blue-chip representation of supersector leaders in the Eurozone, is down 0.36 percent. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Volkswagen VWAGY, a leading German automaker, achieved a major milestone in 2025 by overtaking Tesla TSLA to become the best-selling electric vehicle (EV) brand in Europe. This marks a significant shift in the European EV market, where Tesla has dominated for several years. The change reflects growing competition and increasing consumer interest in a wider range of electric models offered by tradi...
Volkswagen VWAGY, a leading German automaker, achieved a major milestone in 2025 by overtaking Tesla TSLA to become the best-selling electric vehicle (EV) brand in Europe. This marks a significant shift in the European EV market, where Tesla has dominated for several years. The change reflects growing competition and increasing consumer interest in a wider range of electric models offered by traditional automakers. One of the main reasons behind Volkswagen’s success was its broad electric vehicle lineup. Models, such as the ID.3, ID.4 and ID.7, delivered strong performance throughout the year. These vehicles appealed to different customer groups, helping Volkswagen attract buyers across multiple price ranges and vehicle types. Combined, sales from these models helped Volkswagen surpass Tesla’s total EV deliveries in the region. Volkswagen sold 274,417 electric vehicles in Europe last year, representing a 56% year-over-year increase. These sales came from the European Union, the United Kingdom, and European Free Trade Association (“EFTA”) countries. Strong demand for the ID.3 hatchback, ID.4 crossover, and ID.7 sedan and wagon drove much of this growth, pushing Volkswagen ahead of Tesla in total brand sales. Volkswagen also benefited from its strong presence across European markets. High brand recognition, extensive dealer networks and local manufacturing capabilities helped the company respond quickly to rising EV demand. These structural advantages supported consistent supply and improved availability across key countries. In contrast, Tesla’s performance in Europe weakened during 2025. Per EVDANCE, The company’s EV sales declined 27% year over year to 238,765 vehicles, causing Tesla to lose its top position in the region. While Tesla’s Model Y remained one of Europe’s best-selling electric cars, the overall decline in deliveries affected its standing in the European EV market. Despite losing its top spot, Tesla remains an important player in Europe’s EV market. Th...
The third quarter of 2025 was, by many metrics, a stellar performance that masked deeper complexities. When I look at a legacy company trying to pivot, I don't just look at the beat; I look at the quality of the beat. Let's strip down the headline numbers and see what's really moving the needle under the hood. Intel reported revenue of $13.7 billion, an increase of 2.8% year-over-year. This figure...
The third quarter of 2025 was, by many metrics, a stellar performance that masked deeper complexities. When I look at a legacy company trying to pivot, I don't just look at the beat; I look at the quality of the beat. Let's strip down the headline numbers and see what's really moving the needle under the hood. Intel reported revenue of $13.7 billion, an increase of 2.8% year-over-year. This figure notably exceeded the company's own July outlook by $0.6 billion. In a market starved for growth from the legacy chipmaker, a nearly 3% topline expansion is a green shoot, but we have to contextualize it. The thesis I am presenting to you today is one of cautious optimism anchored in process technology. The 18A' node is the single most important variable in this equation. If 18A works; and the early data on yields suggests it is adequate for internal products but not yet for external foundry profitability; Intel becomes a synergistic monster with a valuation that could explode. If 18A stumbles, the downside protection provided by its asset value and corporate backers like Nvidia and the US Government limits the fall. We are looking at a stock that has rallied significantly year-to-date in 2025, up 82%. The valuation is stretched on earnings but depressed on sales and book value. This report will dissect whether the turnaround is finally real or if we are just seeing another false dawn in the long, painful saga of Intel. I have dug into the institutional holdings, the specific yield comments from the CFO, and the strategic implications of the CHIPS Act cash infusion. Looking at Intel Corporation today feels less like analyzing a stock and more like interpreting a Rorschach test. To the bulls, this is the turnaround story of the decade, a too big to fail' industrial giant fueled by a strategic mandate, massive government backing, and a shock investment from Nvidia. To the bears, it is a company trading at a nosebleed forward earnings multiple, burning cash in a foundry busine...
The third quarter of 2025 was, by many metrics, a stellar performance that masked deeper complexities. When I look at a legacy company trying to pivot, I don't just look at the beat; I look at the quality of the beat. Let's strip down the headline numbers and see what's really moving the needle under the hood. Intel reported revenue of $13.7 billion, an increase of 2.8% year-over-year. This figure...
The third quarter of 2025 was, by many metrics, a stellar performance that masked deeper complexities. When I look at a legacy company trying to pivot, I don't just look at the beat; I look at the quality of the beat. Let's strip down the headline numbers and see what's really moving the needle under the hood. Intel reported revenue of $13.7 billion, an increase of 2.8% year-over-year. This figure notably exceeded the company's own July outlook by $0.6 billion. In a market starved for growth from the legacy chipmaker, a nearly 3% topline expansion is a green shoot, but we have to contextualize it. The thesis I am presenting to you today is one of cautious optimism anchored in process technology. The 18A' node is the single most important variable in this equation. If 18A works; and the early data on yields suggests it is adequate for internal products but not yet for external foundry profitability; Intel becomes a synergistic monster with a valuation that could explode. If 18A stumbles, the downside protection provided by its asset value and corporate backers like Nvidia and the US Government limits the fall. We are looking at a stock that has rallied significantly year-to-date in 2025, up 82%. The valuation is stretched on earnings but depressed on sales and book value. This report will dissect whether the turnaround is finally real or if we are just seeing another false dawn in the long, painful saga of Intel. I have dug into the institutional holdings, the specific yield comments from the CFO, and the strategic implications of the CHIPS Act cash infusion. Looking at Intel Corporation today feels less like analyzing a stock and more like interpreting a Rorschach test. To the bulls, this is the turnaround story of the decade, a too big to fail' industrial giant fueled by a strategic mandate, massive government backing, and a shock investment from Nvidia. To the bears, it is a company trading at a nosebleed forward earnings multiple, burning cash in a foundry busine...
Looking at Intel Corporation today feels less like analyzing a stock and more like interpreting a Rorschach test. To the bulls, this is the turnaround story of the decade, a too big to fail' industrial giant fueled by a strategic mandate, massive government backing, and a shock investment from Nvidia. To the bears, it is a company trading at a nosebleed forward earnings multiple, burning cash in a...
Looking at Intel Corporation today feels less like analyzing a stock and more like interpreting a Rorschach test. To the bulls, this is the turnaround story of the decade, a too big to fail' industrial giant fueled by a strategic mandate, massive government backing, and a shock investment from Nvidia. To the bears, it is a company trading at a nosebleed forward earnings multiple, burning cash in a foundry business that has yet to prove it can yield competitive margins, and guiding for a revenue decline just when the turnaround was supposed to accelerate. As I sit here parsing through the latest earnings transcripts, analyst downgrades, and the sheer volume of noise surrounding this name, my job is to cut through the headlines. I am looking strictly at the numbers and the operational reality presented in the latest filings. Intel is no longer just a chip designer; it is a battleground where the future of American manufacturing is being fought. The company has delivered a third quarter for 2025 that beat expectations on the top and bottom lines, showing a miraculous recovery in gross margins. Yet, management's guidance for the fourth quarter points to declining sales. INTC Data by GuruFocus The thesis I am presenting to you today is one of cautious optimism anchored in process technology. The 18A' node is the single most important variable in this equation. If 18A works; and the early data on yields suggests it is adequate for internal products but not yet for external foundry profitability; Intel becomes a synergistic monster with a valuation that could explode. If 18A stumbles, the downside protection provided by its asset value and corporate backers like Nvidia and the US Government limits the fall. We are looking at a stock that has rallied significantly year-to-date in 2025, up 82%. The valuation is stretched on earnings but depressed on sales and book value. This report will dissect whether the turnaround is finally real or if we are just seeing another false da...
Hong Kong police have arrested 71 people for operating stooge accounts used by scammers, with the largest case involving a senior director at a multinational company who was defrauded of HK$134 million after transferring the funds to criminals impersonating his chief executive. Inspector Tsang Kin-wa of the Hong Kong Island regional technology and financial crime unit said the force had conducted ...
Hong Kong police have arrested 71 people for operating stooge accounts used by scammers, with the largest case involving a senior director at a multinational company who was defrauded of HK$134 million after transferring the funds to criminals impersonating his chief executive. Inspector Tsang Kin-wa of the Hong Kong Island regional technology and financial crime unit said the force had conducted a crackdown on scams and money laundering between January 12 and 26, uncovering 69 cases, with total losses exceeding HK$214 million. “Recently, scammers have also impersonated customer service staff from telecommunications firms and media platforms, falsely claiming that victims had subscribed to expensive monthly or annual plans,” Tsang said. Advertisement He added that the scammers would request victims’ bank details for supposed cancellations, before transferring funds from those accounts. Under the operation, officers on Hong Kong Island arrested 46 men and 25 women, aged 14 to 65, on suspicion of money laundering through stooge accounts. Advertisement Those arrested included students, homemakers, construction workers and security guards.
Harry Styles supporting small music venues with tour donation 3 hours ago Share Save Mark Savage Music correspondent Share Save Getty Images Harry Styles' seven-city tour is one of the most anticipated shows of the year Harry Styles is donating £1 from every ticket sold to his 2026 UK stadium shows to small music venues around the country. The pop star announced his Together Together tour last wee...
Harry Styles supporting small music venues with tour donation 3 hours ago Share Save Mark Savage Music correspondent Share Save Getty Images Harry Styles' seven-city tour is one of the most anticipated shows of the year Harry Styles is donating £1 from every ticket sold to his 2026 UK stadium shows to small music venues around the country. The pop star announced his Together Together tour last week, including six nights at Wembley Stadium. He added a further two shows on Monday after overwhelming demand for the initial ticket pre-sale. That means he'll raise about £780,000 for the LIVE Trust, which is striving to protect grassroots music venues in the UK. A report last week suggested that more than half of those venues are failing to make a profit, with many facing the threat of closure. Styles' decision to include a £1 levy to his ticket prices reflects similar moves by Pulp, Katy Perry, Radiohead, Ed Sheeran, Kneecap, Lorde and Wolf Alice. Last year, Coldplay donated 10% of the proceeds of their UK tour to the fund; while Sam Fender handed over his £25,000 Mercury Prize cheque to small venues. "I wouldn't be doing what I am doing today if it wasn't for all the gigs I played around the North East, and beyond, when I was starting out," he said at the time. "These venues are legendary, but they are struggling." Since the start of 2023, more than 150 of these venues have permanently closed their doors – about 16% of the entire UK sector. Getty Images Katy Perry is among the artists who have previously supported the £1 grassroots levy The Music Venue Trust, a charity that supports the grassroots scene, welcomed Styles' gesture. "That £1 might feel small but when artists at the top level step up, it unlocks serious, long-term support for the base that holds the whole live music ecosystem together," it said in a statement. "This model works. And it's growing." Last year, 8.8% of the tickets for UK arena and stadium shows contained a version of what has been named the "gr...
(RTTNews) - Invesco Ltd. (IVZ), an investment management firm, Tuesday reported a loss for the fourth quarter compared with profit last year, despite higher revenues. The results particularly reflected significantly higher Amortization and impairment of intangible assets. The company reported a loss of $1.18 billion or $2.61 per share compared with earnings of $209.3 million or $0.46 per share of ...
(RTTNews) - Invesco Ltd. (IVZ), an investment management firm, Tuesday reported a loss for the fourth quarter compared with profit last year, despite higher revenues. The results particularly reflected significantly higher Amortization and impairment of intangible assets. The company reported a loss of $1.18 billion or $2.61 per share compared with earnings of $209.3 million or $0.46 per share of last year. Excluding items, earnings were $280.9 million or 0.62 per share compared with earnings of $237.3 million or 0.52 per share of previous year. On average, analysts were expecting earnings of $0.58 per share. Analysts' estimates typically exclude special items. The company recorded quarterly amortization expenses of $1.8 billion compared to $10.9 million in the prior year . Operating revenues increased $99 million to $1.69 billion from $1.59 billion for same period last year. The Street View for revenue was $1.25 billion. Total net flows decreased to $30.5 billion from $60.9 billion of the prior year. Additionally, the company declared a quarterly dividend of $0.21 per share payable on March 3, to shareholders of record on February 13. In pre-market activity, IVZ shares were trading at $29.76, up 3.95% on the New York Stock Exchange. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
TD Cowen is moving to the sidelines when it comes to Procter & Gamble . The investment firm downgraded the consumer goods and personal care company to hold from buy. Analyst Robert Moskow did lift his price target to $156 per share from $150, though that only signals upside of 4.4%. Procter & Gamble manufactures brands such as Pantene, Crest, Febreze and Charmin. Moskow believes that for the next ...
TD Cowen is moving to the sidelines when it comes to Procter & Gamble . The investment firm downgraded the consumer goods and personal care company to hold from buy. Analyst Robert Moskow did lift his price target to $156 per share from $150, though that only signals upside of 4.4%. Procter & Gamble manufactures brands such as Pantene, Crest, Febreze and Charmin. Moskow believes that for the next year or two, Procter & Gamble's growth is likely to remain subdued at 2% due in part to affordability issues and pressure on the Hispanic consumer. "After decades of capitalizing on the expansion of the Hispanic population in the U.S. and their growing economic prosperity, we expect new U.S. limitations on immigration to pose a significant challenge for P & G and the HPC sector going forward," Moskow wrote. PG 1Y mountain PG 1Y chart The analyst noted that, given that Hispanic families are 36% bigger than the average U.S. family, they consume more baby care products. He also highlighted the cultural importance they place on cleaning their homes. "The lingering impact of U.S. immigration policies on their sense of economic security will make it more difficult for P & G's to trade them up to premium-priced products in the multi-tier price spectrum," he added. A compounding factor will be Procter & Gamble's loss of pricing power, which Moskow expects to remain unusually muted as competition and affordability concerns rise. The analyst noted that consumers are trading down in key diaper and laundry categories, while manufacturers are simultaneously increasing sales sold on promotion. "We found it particularly telling on the last earnings call when mgmt said that they will make product performance enhancements to improve the value proposition of their core products rather than justify higher pricing like they have in the past," he wrote. Moskow also underscored that Procter & Gamble faces an uncertain timeline to reverse market share it lost as consumers shifted to e-commerce ch...
(Jan 27): Wall Street is giving off mixed signals about Tesla Inc. Analysts are increasingly sceptical of the electric vehicle (EV) maker’s earnings potential this year, but their expectations for the company’s stock price keep climbing. “Tesla is truly unique in capital markets,” said Nicholas Colas, a co-founder of DataTrek Research. “It is much more like a venture capital-funded start-up than p...
(Jan 27): Wall Street is giving off mixed signals about Tesla Inc. Analysts are increasingly sceptical of the electric vehicle (EV) maker’s earnings potential this year, but their expectations for the company’s stock price keep climbing. “Tesla is truly unique in capital markets,” said Nicholas Colas, a co-founder of DataTrek Research. “It is much more like a venture capital-funded start-up than public equity. As long as the vision is bold enough, the valuation levers off that rather than earnings and cash flows.” Over the past 12 months, the average forecast for Tesla’s 2026 net income has tumbled 56% from US$14.1 billion to US$6.1 billion ($7.7 billion). Yet, during the same period, analysts have raised their average 12-month target price for Tesla shares to US$409.49 from US$337.99. The stock was up 7% in that time after closing at US$435.20, well above Wall Street’s expectations for a year from now. The dynamic is “very unusual”, Colas said, since higher target prices typically go hand-in-hand with improving earnings estimates, not dimming expectations. The company reports its fourth-quarter and full-year results on Wednesday. A Tesla representative did not respond to a request for comments. Tesla’s stock, which raced to an all-time high in December before retreating some, trades at more than 195 times its expected earnings over the next 12 months. That’s by far the most-expensive valuation among the Magnificent Seven tech giants, which combined trade for around 29 times anticipated earnings. By comparison, its next closest peers in the group are Apple Inc, Alphabet Inc, Microsoft Corp and Amazon.com Inc, all of which are priced between 25 and 30 times forward earnings. See also: Bahrain’s Gulf Air signs deal with Starlink for Internet access The shares also have the second-highest multiple in the entire S&P 500 Index, trailing only takeover target Warner Bros Discovery Inc and well ahead of number three Palantir Technologies Inc. Scroll to continue “If the stoc...
Dave and Ansel Collins – Double Barrel (1970) It isn’t Sly Dunbar’s most spectacular performance as a drummer – although his playing is right in the pocket: listen to the lightness of his touch on the cymbals and the tightness of his occasional fills – but as recording debuts go, appearing on an early 70s reggae classic in your teens, a single that furthermore went to No 1 in the UK and sold 300,0...
Dave and Ansel Collins – Double Barrel (1970) It isn’t Sly Dunbar’s most spectacular performance as a drummer – although his playing is right in the pocket: listen to the lightness of his touch on the cymbals and the tightness of his occasional fills – but as recording debuts go, appearing on an early 70s reggae classic in your teens, a single that furthermore went to No 1 in the UK and sold 300,000 copies despite British radio’s disinclination to play it, is quite the impressive way to open your account. The Mighty Diamonds – Right Time (1976) The Mighty Diamonds’ debut album Right Time effectively made Sly and Robbie’s name, helping to popularise the new “rockers” rhythm in reggae. It’s all great, but if you want to see how impactful Dunbar’s playing was on the sound, head straight to the title track. The beat he plays is complex, a world away from the “one-drop” rhythm that had predominated in reggae: so complex, in fact, that Dunbar claimed other drummers initially refused to believe he’d actually played it, assuming some kind of studio trickery was involved. “Then everybody started trying for that style,” he added, “and it soon become established.” Junior Murvin – Police and Thieves (1976) The sound of Sly without Robbie – the bass here was played by veteran reggae artist Boris Gardiner, alas best-known in the UK for his fairly drippy 1986 No 1 I Wanna Wake Up With You. With astonishingly tight fills, Dunbar drumming provides a solid foundation beneath Murvin’s eerie, careworn falsetto and a backing track that seems to shimmer with echo. Dunbar also said he played drums on Bob Marley’s Punky Reggae Party, a song inspired by the Clash’s cover of Police and Thieves. Culture – Two Sevens Clash (1977) Sly played drums on Culture’s Two Sevens Clash, unequivocally one of the greatest roots reggae albums ever made. It’s packed with incredible songs – I’m Alone in the Wilderness, Black Starliner Must Come, Calling Rasta Far I – but the greatest of the lot is the title ...
CommVault Systems press release ( CVLT ): Q3 Non-GAAP EPS of $1.17 beats by $0.19 . Revenue of $313.83M (+19.5% Y/Y) beats by $14.74M . Total ARR grew to $1,085 million, up 22% year over year, or 17% on a constant currency basis using March 31, 2025 spot rates Subscription revenue was $206 million, up 30% year over year, inclusive of term-based license revenue of $119 million, up 22% year over yea...
CommVault Systems press release ( CVLT ): Q3 Non-GAAP EPS of $1.17 beats by $0.19 . Revenue of $313.83M (+19.5% Y/Y) beats by $14.74M . Total ARR grew to $1,085 million, up 22% year over year, or 17% on a constant currency basis using March 31, 2025 spot rates Subscription revenue was $206 million, up 30% year over year, inclusive of term-based license revenue of $119 million, up 22% year over year, and SaaS revenue of $87 million, up 44% year over year Subscription ARR grew to $941 million, up 28% year over year, or 24% on a constant currency basis using March 31, 2025 spot rates We are providing the following updated guidance for the full fiscal year 2026, based on current macroeconomic conditions: Total revenues are expected to be between $1,177 million and $1,180 million vs $1.16B consensus Total ARR is expected to grow approximately 18% year over year Subscription revenue is expected to be between $764 million and $768 million Subscription ARR is expected to grow approximately 24% year over year Non-GAAP gross margin is expected to be between 81% and 81.5% Non-GAAP EBIT margin is expected to be between 19% and 20% Free cash flow is expected to be between $215 million and $220 million, reflecting one-time payments associated with the cost optimization program (restructuring plan) initiated in the third quarter More on CommVault Systems Commvault Systems: AI Data Trends And Strong SaaS Growth Commvault: Recent Dip Offers A Chance To Own The Future Of Data Protection CommVault Systems Q3 2026 Earnings Preview Micron Technology tops Seeking Alpha's tech quant picks ahead of Q4 earnings Seeking Alpha’s Quant Rating on CommVault Systems