Galaxy Digital ( GLXY:CA ) ( GLXY ) has set a share repurchase program to purchase up to $200M of its Class A common stock. The share repurchase program will have a term of 12 months, may be suspended or discontinued at any time, and does not obligate the company to acquire any amount of common stock. GLXY shares were up 15% ahead of market open. More on Galaxy Digital Galaxy Digital Holdings Ltd....
Galaxy Digital ( GLXY:CA ) ( GLXY ) has set a share repurchase program to purchase up to $200M of its Class A common stock. The share repurchase program will have a term of 12 months, may be suspended or discontinued at any time, and does not obligate the company to acquire any amount of common stock. GLXY shares were up 15% ahead of market open. More on Galaxy Digital Galaxy Digital Holdings Ltd. 2025 Q4 - Results - Earnings Call Presentation Galaxy Digital Holdings Ltd. (BRPHF) Q4 2025 Earnings Call Transcript Galaxy Digital's Rally Reflects Crypto Activity, Not A Stabilized Earnings Base Galaxy Digital stock sinks after Q4 loss comes in wider than expected Coinbase, MSTR, Circle, others retreat after bitcoin's weekend slide
Vertigo3d/E+ via Getty Images Bitcoin ( BTC-USD ) is back in the headlines after the world’s largest cryptocurrency tumbled sharply on Thursday, briefly slipping below $61,000. The drop marks a decline of more than 50% from its October peak, when it surged past $126,000 to a record high. As of this writing, bitcoin has clawed back some of those losses and is trading near $66,000. But whatever its ...
Vertigo3d/E+ via Getty Images Bitcoin ( BTC-USD ) is back in the headlines after the world’s largest cryptocurrency tumbled sharply on Thursday, briefly slipping below $61,000. The drop marks a decline of more than 50% from its October peak, when it surged past $126,000 to a record high. As of this writing, bitcoin has clawed back some of those losses and is trading near $66,000. But whatever its supporters or critics expect from the asset, one thing remains constant: extreme volatility is a feature that will likely endure. That volatility underscores bitcoin’s biggest challenge relative to the use case laid out in the 2008 whitepaper by its still-unknown creator, Satoshi Nakamoto. The original vision imagined bitcoin as a peer‑to‑peer electronic cash system—an alternative monetary frontier enabling direct payments without banks, governments, or other intermediaries. Decentralized transactions, in theory, would free individuals from the traditional financial system. But the monetary revolution didn’t unfold as planned. Over time, the idea of bitcoin as a medium of exchange has faded, largely because of the practical hurdles of using it for everyday purchases. Instead, bitcoin’s appeal has shifted toward its supposed role as a store of value. Rather than buying groceries or making a down payment on a house or car, advocates now argue that holding bitcoin is prudent because it will preserve purchasing power over the long run. In this narrative, bitcoin becomes a hedge against inflation, geopolitical turmoil, and broader macroeconomic instability. The comparison to digital gold rests on bitcoin’s limited supply: only a finite number can ever be mined. Scarcity is indeed a prerequisite for any store‑of‑value asset. But scarcity alone doesn’t guarantee that bitcoin will behave like gold in the long run. Much depends on how market sentiment evolves—and crypto crashes don’t help the case. Whether bitcoin ultimately earns that store‑of‑value status is unknowable. Still, a g...
Taiwan Semiconductor and Alphabet look like no-brainer buys right now. Among all the great stocks out there to invest in, there are two tech companies today that I think stand above the rest: Taiwan Semiconductor Manufacturing (TSM +3.42%) and Alphabet (GOOG 1.56%) (GOOGL 1.63%). Both companies are leaders in their respective technology markets, and both are great places to put $500 toward right n...
Taiwan Semiconductor and Alphabet look like no-brainer buys right now. Among all the great stocks out there to invest in, there are two tech companies today that I think stand above the rest: Taiwan Semiconductor Manufacturing (TSM +3.42%) and Alphabet (GOOG 1.56%) (GOOGL 1.63%). Both companies are leaders in their respective technology markets, and both are great places to put $500 toward right now. Here's why. Taiwan Semiconductor is the processor-making king Taiwan Semiconductor, also called TSMC, has seen its share price skyrocket by 262% over the past three years, in part because it is the undisputed leader in processor manufacturing. The company makes about 70% of the world's processors, and an estimated 90% of advanced chips (think AI processors). That lead won't be overcome anytime soon, which is why Morningstar recently said TSMC is in a position to stay ahead of its competitors for decades. TSMC, and its shareholders, are already reaping the rewards of this dominant position. Revenue rose more than 30% to $122.4 billion in 2025, and the company's diluted earnings per share popped nearly 47% to $10.65 per American depositary receipt. More growth is on the way, too, as TSMC's management said on the most recent earnings call that revenue will increase by an estimated 30% this year. Topping off Taiwan Semiconductor's appeal is that its shares are still relatively cheap, with a price-to-earnings ratio of 31, compared to the tech sector's average P/E of nearly 42. Expand NYSE : TSM Taiwan Semiconductor Manufacturing Today's Change ( 3.42 %) $ 11.32 Current Price $ 342.05 Key Data Points Market Cap $1.7T Day's Range $ 336.74 - $ 342.81 52wk Range $ 134.25 - $ 351.33 Volume 139K Avg Vol 13M Gross Margin 59.02 % Dividend Yield 0.93 % Alphabet's AI prowess is coming into view I'll admit I was a bit skeptical at first that Alphabet would emerge as a leading AI player after OpenAI and Anthropic burst out of the gate at full speed. But Alphabet, with its Google Gemini ...
Key Points Ford has a very strong asset in its brand, which helps its F-Series and Mustang models outsell their competitors dramatically. Ford outperformed the broader market and saw its 2025 sales increase 6%, setting the stage for a great Q4 2025 earnings report on Feb. 10. Ford has struck on a winning formula with its current lineup of primarily trucks and SUVs. 10 stocks we like better than Fo...
Key Points Ford has a very strong asset in its brand, which helps its F-Series and Mustang models outsell their competitors dramatically. Ford outperformed the broader market and saw its 2025 sales increase 6%, setting the stage for a great Q4 2025 earnings report on Feb. 10. Ford has struck on a winning formula with its current lineup of primarily trucks and SUVs. 10 stocks we like better than Ford Motor Company › I have always had a soft spot for Ford (NYSE: F). It goes back to when I would go down to my grandparents' farm as a kid and ride around with my granddad in his old F-250 pickup truck. Fortunately for my nostalgia, after a rough couple of years, Ford had a fantastic end to its 2025 and seems set for some steady growth over the next five years. 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 blue oval Ford is synonymous with the American auto industry, and its most powerful asset is its brand. It makes two of the most iconic American vehicles in the F-Series and Mustang, both of which are America's preferred option in their market segments. In 2025, Ford sold 828,842 F-Series trucks. Its nearest competitor, the Chevrolet Silverado, only saw sales of 587,527 last year. And the F-Series is perennially not just America's favorite truck; it's America's best-selling vehicle nationwide. The Mustang's advantage is even more dramatic. Ford sold 45,333 Mustangs in 2025, an increase of 3% over 2024. After General Motors (NYSE: GM) discontinued the Mustang's main rival, the Chevy Camaro, at the end of 2024, the only sports car it sells is the Corvette. The Corvette moved 24,533 units in 2025, a 26.4% decrease from 2024. The Subaru WRX, at 10,930 units sold in 2025, is a distant third. Ford's model lineup is playing to its strengths. The only car it still produces is the Mustang. Everything else is either an SUV or pickup truck. There's been no...
Key Points Super Micro Computer's competitive advantages, combined with strong demand for its cooling systems, gives it strong AI tailwinds. Duolingo is adding more paid subscribers and could benefit from a growing edtech market. These 10 stocks could mint the next wave of millionaires › If you've got $500 and a long-term mindset, you don't need to chase the riskiest penny stock or the next meme r...
Key Points Super Micro Computer's competitive advantages, combined with strong demand for its cooling systems, gives it strong AI tailwinds. Duolingo is adding more paid subscribers and could benefit from a growing edtech market. These 10 stocks could mint the next wave of millionaires › If you've got $500 and a long-term mindset, you don't need to chase the riskiest penny stock or the next meme rocket. A smart growth stock -- one with real revenue, real users, and a clear path to profitability -- can do a lot of heavy lifting on its own. Especially in this market, where interest rates may have peaked, AI is reshaping entire industries, and consumers are flocking to platforms that feel both human and fun. So where should that $500 go? Here are two stocks that combine strong business fundamentals with a credible story for the next decade. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » Super Micro Computer Not everyone wants to guess which AI model will win. Super Micro Computer (NASDAQ: SMCI) makes that decision easier by selling the servers that power all of them. Over the years, Supermicro carved out a lead in the AI server race by moving faster than rivals like Dell Technologies and Hewlett Packard Enterprise, thanks in large part to its close ties with Nvidia and Advanced Micro Devices. Those close relationships gave it access to chips earlier than competitors -- Supermicro's California headquarters are, as Reuters pointed out, only 10 miles from Nvidia and AMD -- helping it prototype and ship customized servers in a matter of weeks. That competitive advantage, together with the strong demand for its liquid cooling systems, made it a go-to supplier for AI infrastructure. For the trailing 12 months, Supermicro posted $21.57 billion in revenue, nearly triple its total from two years ago. And although fiscal third-quarter 2025 net sales dropped to $4.6 billion (down from $5.68 ...
Key Points Taiwan Semiconductor holds an estimated 90% of the advanced processor market. Alphabet's fast-growing Google Gemini now has 650 million monthly active users. Both of these AI stocks look cheap compared the the broader tech industry. 10 stocks we like better than Taiwan Semiconductor Manufacturing › Among all the great stocks out there to invest in, there are two tech companies today tha...
Key Points Taiwan Semiconductor holds an estimated 90% of the advanced processor market. Alphabet's fast-growing Google Gemini now has 650 million monthly active users. Both of these AI stocks look cheap compared the the broader tech industry. 10 stocks we like better than Taiwan Semiconductor Manufacturing › Among all the great stocks out there to invest in, there are two tech companies today that I think stand above the rest: Taiwan Semiconductor Manufacturing (NYSE: TSM) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). Both companies are leaders in their respective technology markets, and both are great places to put $500 toward right now. Here's why. A person thinking. Image source: Getty Images. 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 » Taiwan Semiconductor is the processor-making king Taiwan Semiconductor, also called TSMC, has seen its share price skyrocket by 262% over the past three years, in part because it is the undisputed leader in processor manufacturing. The company makes about 70% of the world's processors, and an estimated 90% of advanced chips (think AI processors). That lead won't be overcome anytime soon, which is why Morningstar recently said TSMC is in a position to stay ahead of its competitors for decades. TSMC, and its shareholders, are already reaping the rewards of this dominant position. Revenue rose more than 30% to $122.4 billion in 2025, and the company's diluted earnings per share popped nearly 47% to $10.65 per American depositary receipt. More growth is on the way, too, as TSMC's management said on the most recent earnings call that revenue will increase by an estimated 30% this year. Topping off Taiwan Semiconductor's appeal is that its shares are still relatively cheap, with a price-to-earnings ratio of 31, compared to the tech sector's average P/E of nearly 4...
The European Central Bank told EU leaders to take “urgent collective action” to strengthen the economy, outlining five key measures to consider ahead of an upcoming summit. In a document seen by Bloomberg, the ECB called for a savings and investment union, a digital euro, a deepening of the single market, policies to foster innovation, and simpler legislation. An ECB spokesperson declined to comme...
The European Central Bank told EU leaders to take “urgent collective action” to strengthen the economy, outlining five key measures to consider ahead of an upcoming summit. In a document seen by Bloomberg, the ECB called for a savings and investment union, a digital euro, a deepening of the single market, policies to foster innovation, and simpler legislation. An ECB spokesperson declined to comment. President Christine Lagarde said on Thursday that she would send a checklist to European heads of state ahead of a Feb. 12 summit that outline “what we regard as very much likely to enhance growth, to improve productivity and to really unleash the talent of Europe.” Lagarde has repeatedly urged action, and in a speech in November she called for more and smarter steps toward fostering European integration, not least because the continent’s export-driven business model is no longer in tune with the times. In the letter, the ECB argues that Europe has great potential but faces challenges including demographic shifts, subdued growth potential, and significant structural investment needs — along with a more fragmented global environment. “With coordinated and decisive collective action, Europe can unlock higher growth potential, strengthen resilience, and reinforce its policy autonomy and prosperity,” the ECB said. “This requires lifting productivity, mobilizing investment, and enhancing resilience.” It added that the Eurosystem — which is made of the ECB and the region’s national central banks — “stands ready to contribute its expertise.” “We’re not shooting above our range,” Lagarde said on Thursday. “Whether it’s the savings and investment unions, the digital euro and the tokenized wholesale central bank money, the deepening of the EU single market, the fostering of innovation and protection of open strategic autonomy, or simplifying legislation and strengthening core institutional framework on these five accounts, we hold views.” Lagarde Plays Down Impact of Euro Rally a...
Amazon (Nasdaq: AMZN) announced earnings last night and Wall Street’s focused on one single number: $200 billion in capital expenditure guidance for 2026. It’s just the latest in companies announcing plans of stunning size. Earlier this week, Alphabet (NASDAQ:GOOGL) announced capital expenditure guidance of $175-$185 billion for 2026, dwarfing Meta Platforms (NASDAQ:META)’s $135 billion commitment...
Amazon (Nasdaq: AMZN) announced earnings last night and Wall Street’s focused on one single number: $200 billion in capital expenditure guidance for 2026. It’s just the latest in companies announcing plans of stunning size. Earlier this week, Alphabet (NASDAQ:GOOGL) announced capital expenditure guidance of $175-$185 billion for 2026, dwarfing Meta Platforms (NASDAQ:META)’s $135 billion commitment. ... Broadcom Shares Jump Friday Morning After a Week of Booming Capex Plans
is editor-at-large and Vergecast co-host with over a decade of experience covering consumer tech. Previously, at Protocol, The Wall Street Journal, and Wired. Posts from this author will be added to your daily email digest and your homepage feed. There are bold-faced tech names all over the Epstein files. Elon Musk, Bill Gates, Sergey Brin, Eric Schmidt, Larry Page, Reid Hoffman, Steven Sinofsky, ...
is editor-at-large and Vergecast co-host with over a decade of experience covering consumer tech. Previously, at Protocol, The Wall Street Journal, and Wired. Posts from this author will be added to your daily email digest and your homepage feed. There are bold-faced tech names all over the Epstein files. Elon Musk, Bill Gates, Sergey Brin, Eric Schmidt, Larry Page, Reid Hoffman, Steven Sinofsky, Peter Thiel, Jeff Bezos, Mark Zuckerberg, on and on and on. These men (and they’re pretty much all men) had wildly varying degrees of interaction with Epstein, and the details matter a great deal. But so does the totality of it: you spend long enough in these files, and you start to get a sense of the way the world works for a particular kind of extremely rich and extremely powerful businessman. And it starts to feel pretty bad. Verge subscribers, don’t forget you get exclusive access to ad-free Vergecast wherever you get your podcasts. Head here. Not a subscriber? You can sign up here. On this episode of The Vergecast, David and Nilay start the show by talking about the latest tranche of emails from the Epstein files, both what we’ve learned and the deeply strange way in which they’re being disseminated. There are interesting business stories in here; there are shocking plots to change the world. We’re still not sure how to talk about any of it, except to keep showing what we find. After that, it’s time for the other thing capturing tech minds this week: Anthropic’s Super Bowl ads, which isn’t explicitly a shot at OpenAI’s plan to introduce ads to ChatGPT but is also very clearly exactly that. The ads started a debate about both how we use AI and how we pay for it and also made it a little clearer how precarious OpenAI’s position is right now. They’re also just very good ads. If you want to know more about everything we discuss in this episode, here are some links to get you started, first on the Epstein files: And in AI ads spats: And in streaming: And in the lightning ro...
00:00 Julie I mean, I'm getting tired of saying the CAPEX number was higher than we expected, Rohid. Like you guys all on the street, I guess you just do you just have to raise all your cap X forecast at least a quarter or even a half, right? going forward? Is that what needs to happen? 00:20 Rohit Yeah, I think uh this this entire cycle of um surprises of, okay, capex is higher than expected, has...
00:00 Julie I mean, I'm getting tired of saying the CAPEX number was higher than we expected, Rohid. Like you guys all on the street, I guess you just do you just have to raise all your cap X forecast at least a quarter or even a half, right? going forward? Is that what needs to happen? 00:20 Rohit Yeah, I think uh this this entire cycle of um surprises of, okay, capex is higher than expected, has been going on for far too uh long as in I think uh the companies also are putting the uh the next kind of uh threshold slightly ahead of what the street was expecting. So that that environment of negative surprises and and for a company like Amazon that has just far too many surfaces of risk, um be it commerce, cloud, ads, and so many other parts of the business, that creates a series of yellow flags if you will. I think but you're spot on Julie, I think uh this um we all sell side analysts just should just decide that put the capex number so high. So next time all we need to do is lower those numbers. Uh but that's uh in all seriousness, I think uh what Amazon is doing is investing from a position of strength and we we like it. Uh we think uh you just need to be patient to appreciate this GNA winner in my opinion. 01:54 Julie And in the case of Amazon, what, you know, ROI is like the mantra right now, return on investment. So in the case of Amazon, walk me through what that looks like. 02:11 Rohit Uh return on investment should ideally show up in all three parts of the business. Right now, uh the return on investment is showing up in the cloud, AWS side where last three quarters, uh growth rate has gone from mid teens to almost mid 20% and we we see the next couple of quarters that mid 20% growth rate to probably go even higher, uh given what CAPEX has done. So, uh that checks the box very well. That's in line with what uh Google has demonstrated recently. So we like that. But remember, Amazon is one of the world's largest retailers, one of the world's largest uh ad compa...
National Stock Exchange of India Ltd. has started preparations for an initial public offering after its board approved the proposal and formed a committee to oversee the process, according to a regulatory filing on Friday. The planned offering is expected to be an offer for sale, with existing shareholders looking to sell between 4% and 4.5% of the company’s equity, according to a person familiar ...
National Stock Exchange of India Ltd. has started preparations for an initial public offering after its board approved the proposal and formed a committee to oversee the process, according to a regulatory filing on Friday. The planned offering is expected to be an offer for sale, with existing shareholders looking to sell between 4% and 4.5% of the company’s equity, according to a person familiar with the matter. The IPO could raise about $2.5 billion, the person said. Temasek Holdings Pte. , Life Insurance Corporation of India Ltd. , State Bank of India Ltd. and SBI Capital Markets Ltd. are likely to be among the key sellers in the transaction. The decision follows regulatory clearance received last week, allowing India’s largest stock exchange to begin formal IPO preparations and ending years of delays in bringing its shares to the market.
JHVEPhoto/iStock Editorial via Getty Images Introduction Energy is a big topic nowadays. As a matter of fact, it always has been, and it will become a larger and larger need as many economies develop faster and faster, and the AI revolution unfolds. I have written that I am more bullish on utilities ( XLU ) than on energy stocks ( XLE ), although this doesn't mean I have a bearish stance on the la...
JHVEPhoto/iStock Editorial via Getty Images Introduction Energy is a big topic nowadays. As a matter of fact, it always has been, and it will become a larger and larger need as many economies develop faster and faster, and the AI revolution unfolds. I have written that I am more bullish on utilities ( XLU ) than on energy stocks ( XLE ), although this doesn't mean I have a bearish stance on the latter. However, within energy stocks, we need to be a bit pickier, as far as I see it. With this article, I want to extend my coverage of pure upstream plays. We have already seen Canadian Natural Resources ( CNQ ) and Exxon Mobil ( XOM ). Today, let's discuss ConocoPhillips ( COP ) and its recent earnings release. A Few Words On Upstream Since we are going to talk about upstream today, let's just consider a few variables that set the economics of the different upstream operators apart. Basically, an upstream is a business that can be assessed on the free cash flow that it is able to generate. As a result, the three variables that matter in the calculation of FCF are prices, which depend on Brent or WTI for oil and on Henry Hub for gas, costs, which help us understand the breakeven point; and capital discipline. In particular, I believe free cash flow is the most important metric when we consider upstream companies because it enables us to capture both barrel economics and capital management, while EBITDA, EPS, and even ROIC can be, in this case, either incomplete or misleading. In fact, we have to know how upstream works. In short, it is a business where depletion matters because every barrel that is produced reduces the available inventory. This means that every produced barrel implies that a new investment is required if inventory is to be kept flat. A company produces a barrel, and, at the same time, it has to invest to find a new available barrel somewhere. In terms of capital management, the idea is simple: every production decision also embeds a capital decision. Earn...