The US Justice Department is investigating Netflix Inc. ’s tactics as it looks into the streaming company’s agreement to buy Warner Bros. Discovery Inc. ’s studios and HBO Max streaming service, the Wall Street Journal reported. The agency is asking competitors whether Netflix has engaged in uncompetitive tactics, according to a subpoena seen by the newspaper. The subpoena was sent to another ente...
The US Justice Department is investigating Netflix Inc. ’s tactics as it looks into the streaming company’s agreement to buy Warner Bros. Discovery Inc. ’s studios and HBO Max streaming service, the Wall Street Journal reported. The agency is asking competitors whether Netflix has engaged in uncompetitive tactics, according to a subpoena seen by the newspaper. The subpoena was sent to another entertainment company that wasn’t identified. “Describe any other exclusionary conduct on the part of Netflix that would reasonably appear capable of entrenching market or monopoly power, “ the agency asked, according to the Journal. The department is also reviewing the proposed acquisition of Warner Bros. by Paramount Skydance Corp. , the Journal said. Warner has urged its shareholders to reject that deal. The department, in its subpoena, asked whether either deal might hurt competition. The Justice Department didn’t immediately respond to a request for comment by Bloomberg News. Steven Sunshine, a lawyer for Netflix, said the company thinks the department is conducting a standard review of its proposal to buy Warner’s studio and streaming assets, the newspaper reported.
This clinical-stage biotech focused on precision oncology therapies reported an insider sale amid a year of sharp share price gains. Donald A. Bergstrom, President of R&D at Relay Therapeutics (RLAY +7.79%), executed multiple open-market sales totaling 21,581 shares for approximately $166,700 on Jan. 27 and Jan. 28, 2026, as disclosed in the SEC Form 4 filing. Transaction summary Metric Value Shar...
This clinical-stage biotech focused on precision oncology therapies reported an insider sale amid a year of sharp share price gains. Donald A. Bergstrom, President of R&D at Relay Therapeutics (RLAY +7.79%), executed multiple open-market sales totaling 21,581 shares for approximately $166,700 on Jan. 27 and Jan. 28, 2026, as disclosed in the SEC Form 4 filing. Transaction summary Metric Value Shares sold (direct) 21,581 Transaction value ~$166,700 Post-transaction shares (direct) 420,047 Post-transaction value (direct ownership) ~$3,213,359.55 Key questions How does the sale compare to Bergstrom's historical trade sizes? The 21,581 shares sold in this filing are substantially higher than the recent period's median open-market sale of 2,698 shares, marking this as one of Bergstrom's larger direct dispositions. The 21,581 shares sold in this filing are substantially higher than the recent period's median open-market sale of 2,698 shares, marking this as one of Bergstrom's larger direct dispositions. What percentage of current direct holdings was impacted? This transaction represented 4.89% of Bergstrom's direct ownership, which is more than 10 times the recent median percentage of holdings disposed per open-market sale (0.43%). This transaction represented 4.89% of Bergstrom's direct ownership, which is more than 10 times the recent median percentage of holdings disposed per open-market sale (0.43%). Was there any participation from indirect entities or derivative transactions? No indirect entities participated; all shares sold were held directly, and this was not a derivative-related event. No indirect entities participated; all shares sold were held directly, and this was not a derivative-related event. What does the transaction indicate about capacity and cadence? The elevated sale size reflects Bergstrom's declining available share base, with his direct holdings decreasing by 32.65% since June 2024, likely driving the larger trade size rather than a shift in discr...
In this article PFE Follow your favorite stocks CREATE FREE ACCOUNT Albert Bourla, chairman and CEO of Pfizer, speaks at The Wall Street Journal’s Future of Everything Festival in New York City, U.S., May 22, 2024. Andrew Kelly | Reuters A version of this article first appeared in CNBC's Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to ...
In this article PFE Follow your favorite stocks CREATE FREE ACCOUNT Albert Bourla, chairman and CEO of Pfizer, speaks at The Wall Street Journal’s Future of Everything Festival in New York City, U.S., May 22, 2024. Andrew Kelly | Reuters A version of this article first appeared in CNBC's Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Pfizer made one thing clear this week: It's officially back in the obesity race. The drugmaker is laser-focused on bringing to market treatments from its $10 billion acquisition of the obesity biotech Metsera. On Tuesday, it released promising phase two trial data on one injection , called PF′3944, that's furthest along in development. The experimental drug drove solid weight loss when taken once a month in a mid-stage trial – offering early evidence that the injection can be administered less frequently than existing drugs without sacrificing efficacy. That could be a boon to Pfizer after it faced several setbacks in trying to win a slice of a market dominated by weekly injections from Eli Lilly and Novo Nordisk , along with Novo's new daily pill . Patients with obesity or who are overweight lost up to 12.3% of their weight compared with placebo at week 28 in the ongoing phase two study. The company said no plateau was observed after patients transitioned to monthly dosing, which suggests that continued weight loss is expected as the study continues through week 64. But investors are still looking for the full data from that trial, which is slated to be presented at a medical conference in June. Pfizer also plans to start 10 phase three studies on the injection, with the goal of achieving the first of several potential approvals in 2028. I talked to Pfizer CEO Albert Bourla and other top execs about the data this week and the company's broader obesity strategy. Here's what they had to say. A potential "best-in-class" product Bourla told CNBC that t...
Dzmitry Dzemidovich/iStock via Getty Images This article updates my review published in June 2025 in light of current holdings and recent performance. FTLS strategy First Trust Long/Short Equity ETF ( FTLS ) is an actively managed ETF launched on 9/8/2014 with an objective of long-term total return and a total expense ratio of 1.38% (including 0.95% of management fees and 0.43% of margin interest ...
Dzmitry Dzemidovich/iStock via Getty Images This article updates my review published in June 2025 in light of current holdings and recent performance. FTLS strategy First Trust Long/Short Equity ETF ( FTLS ) is an actively managed ETF launched on 9/8/2014 with an objective of long-term total return and a total expense ratio of 1.38% (including 0.95% of management fees and 0.43% of margin interest and dividends on short positions). FTLS has a portfolio of 376 stocks (219 long and 157 short) and a 12-month dividend yield of 1.07%. Distributions are paid quarterly. As described by First Trust , the fund uses quantitative tools to analyze fundamental, technical, and statistical data. One of these tools evaluates risks related to accounting practices through “ key relationships between information contained in the firm’s income statement, balance sheet, and cash flow statement.” The portfolio usually has 80% to 100% long exposure and 0% to 50% short exposure. Therefore, it is designed to be at least 30% net long. The short basket may be increased or reduced based on an evaluation of market conditions, probably using market timing techniques. The fund may invest in futures on the long or the short side, up to a limit of 20% of assets. The portfolio turnover rate was 235% in the most recent fiscal year. FTLS portfolio The fund invests almost exclusively in U.S.-domiciled companies (99% of assets). As of 2/6/2026, the portfolio is 96.6% long and 20.9% short, resulting in a net exposure of 75.7% (it was 66% in June 2025). The next chart plots the net, long, and short exposures in GICS sectors. No sector has a significantly negative exposure (utilities are at -0.16%). Technology is the largest net long sector (26%), although it is not as heavy as in the S&P 500 Index (32.3%). Other sectors are below 11%. Since June 2025, FTLS has significantly increased its net weight in technology and tapered consumer discretionary. FTLS net, long and short % by sector (Chart: Author, Data: ...
Earnings Call Insights: Cboe Global Markets (CBOE) Q4 2025 Management View CEO Craig Donohue highlighted record net revenue and adjusted earnings for both the quarter and full year, noting, "Cboe delivered record net revenue and adjusted earnings for the quarter and year, powered by continued strength across our core businesses." Donohue emphasized a strategic realignment: "We remain focused on ex...
Earnings Call Insights: Cboe Global Markets (CBOE) Q4 2025 Management View CEO Craig Donohue highlighted record net revenue and adjusted earnings for both the quarter and full year, noting, "Cboe delivered record net revenue and adjusted earnings for the quarter and year, powered by continued strength across our core businesses." Donohue emphasized a strategic realignment: "We remain focused on extending this momentum as we execute on our strategic direction we laid out on our last earnings call, reducing our focus in certain areas while we redirect our time, talent and capital to our core businesses and emerging opportunities." Donohue detailed a 28% year-over-year net revenue growth to $671 million and a 46% rise in adjusted diluted EPS to $3.06 in Q4, citing strong volumes in multi-list and proprietary index options, new sales growth in Data Vantage, and robust industry volumes in cash and spot markets. He also called out rising international demand and innovation: "We're excited to add Russell 2000 Index options to our global trading hour session starting this month, giving investors the opportunity to trade small-cap stocks around the clock." CFO Jill Griebenow stated, "Net revenue increased 28% versus the fourth quarter of 2024 to finish at a record $671 million. We saw healthy growth in all categories with the strongest growth coming from our derivatives business." Griebenow provided details on adjusted operating expenses, EBITDA margin expansion, and noted, "We have also ceased operations on our corporate listings businesses while driving efficiency in our growing U.S. ETP listings business and European ETP listings business as well as several of our smaller risk and market analytics businesses." Leadership changes were announced, with Donohue welcoming Heidi Fischer to head Cash and Spot Markets and Scott Johnston as the new COO. He expressed gratitude to outgoing COO Chris Isaacson, who will remain as an adviser through 2026. Outlook Cboe introduced 2026 g...
Earnings Call Insights: Under Armour (UAA) Q3 2026 Management View CEO Kevin Plank stated that Under Armour is entering the next phase of its turnaround, emphasizing, "The focus is on execution. We're not declaring all the work finished yet but are making real progress with a disciplined strategy, structure and team now in place." He highlighted the completion of a 25% SKU reduction and tighter as...
Earnings Call Insights: Under Armour (UAA) Q3 2026 Management View CEO Kevin Plank stated that Under Armour is entering the next phase of its turnaround, emphasizing, "The focus is on execution. We're not declaring all the work finished yet but are making real progress with a disciplined strategy, structure and team now in place." He highlighted the completion of a 25% SKU reduction and tighter assortments, which have resulted in improved planning and inventory levels. Plank noted, "Our adjusted results came in ahead of expectations across most line items. We modestly raised our full year adjusted operating income outlook." Strategic leadership changes were announced, including Kara Trent as Chief Merchandising Officer, Adam Peake as President of the Americas, and Eric Liedtke as Chief Marketing Officer and EVP of Strategy. Yassine Saidi transitioned to an external adviser role to ensure design continuity. Plank provided updates on product performance, citing double-digit growth in Heat and ColdGear and strong performance for new styles: "Base layer remains a steady engine for the business with Heat and ColdGear standing out. New styles or refreshed design language and modern colorways are driving higher ASPs and strong double-digit growth in these products." The CEO addressed ongoing challenges with footwear, saying, "Year-to-date sales are down about 14%, reflecting structural issues we are actively unwinding," but emphasized actions to simplify the line and focus on higher-impact franchises. CFO David Bergman remarked, "We met or exceeded our outlook across all major line items. This performance reflects the discipline, focus and growing consistency in execution as the turnaround continues to progress." Outlook The company updated its full year revenue outlook to a decline of approximately 4%, improving from the previous 4%-5% decline expectation. North America revenue is expected to decline approximately 8%, APAC by 6%, and EMEA to grow by approximately 9%. For ...
Corn futures are down 3 to 4 ½ cents in the front months on Friday. The CmdtyView national average Cash Corn price is down 4 3/4 cents at $3.97. The average close so far this week for December futures has been $4.57. The average close for February is used for the spring base crop insurance price, with last year at $4.70. Export Sales data shows total corn export commitments at 58.735 MMT, which is...
Corn futures are down 3 to 4 ½ cents in the front months on Friday. The CmdtyView national average Cash Corn price is down 4 3/4 cents at $3.97. The average close so far this week for December futures has been $4.57. The average close for February is used for the spring base crop insurance price, with last year at $4.70. Export Sales data shows total corn export commitments at 58.735 MMT, which is 31% above the same period last year. That is now 72% of USDA’s export projection and ahead of the 71% average pace. Don’t Miss a Day: USDA’s WASDE will be out next Tuesday, with traders looking for no major changes to the US ending stocks number, with an average trade guess of 2.215 bbu according to a Bloomberg survey. StatsCanada data from this morning showed corn stocks at 10.95 MMT as of December 31, down 3.3% from the year prior. Mar 26 Corn is at $4.30 1/2, down 4 1/2 cents, Nearby Cash is at $3.97, down 4 3/4 cents, May 26 Corn is at $4.39, down 4 cents, Jul 26 Corn is at $4.45 1/2, down 3 3/4 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Investing.com -- Canada is actively pursuing a Chinese-Canadian auto plant that would produce electric vehicles for global export, Industry Minister Mélanie Joly revealed Friday. Joly suggested Canadian auto parts companies like Magna International Inc., Linamar Corp. and Martinrea International Inc., which already operate in China, could join forces with Chinese EV manufacturers in a joint-ventur...
Investing.com -- Canada is actively pursuing a Chinese-Canadian auto plant that would produce electric vehicles for global export, Industry Minister Mélanie Joly revealed Friday. Joly suggested Canadian auto parts companies like Magna International Inc., Linamar Corp. and Martinrea International Inc., which already operate in China, could join forces with Chinese EV manufacturers in a joint-venture assembly plant on Canadian soil. "We believe that these great Canadian champions can partner with Chinese EV companies to make a Canadian-Chinese car to export it around the world," Joly told Bloomberg News. This approach marks a shift for the Canadian government, which previously accused China of unfairly subsidizing its manufacturers and raised security concerns about Chinese vehicle technology. "We can find a way to have software in the car that will address the security concerns," Joly explained, adding that Canada could ensure labor standards meet Canadian expectations while creating local supply chains. The minister disclosed "active conversations" about how Canadian firms might complement Chinese auto investments, including with Ottawa-based software developer QNX, owned by BlackBerry Ltd. During a recent China trip, Joly met with BYD Co. Ltd., the world's largest EV producer, and Chery Automobile Co. Despite higher Canadian labor costs compared to China, Joly believes a jointly created EV could remain globally competitive, citing Honda Motor Co.'s affordable Civic production in Ontario as an example. The initiative aligns with Prime Minister Mark Carney's trade agreement with Chinese President Xi Jinping. In January, China began removing duties on Canadian agricultural products while Canada exempted up to 49,000 Chinese-built EVs annually from a 100% tariff imposed in 2024. Canada is also pursuing auto investments from other nations, particularly South Korea. The governments recently signed a non-binding agreement to advance Korean automotive presence in Canada, t...
Editor's note: Seeking Alpha is proud to welcome Christopher Carosa as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » Are energy costs the overlooked culprit in household financial stress? From morning commutes t...
Editor's note: Seeking Alpha is proud to welcome Christopher Carosa as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » Are energy costs the overlooked culprit in household financial stress? From morning commutes to grocery runs, lower oil prices may finally bring relief. LeoPatrizi/E+ via Getty Images After years of being stuck in the financial doldrums, why aren’t people more excited about the economy’s apparent strength? Perhaps the answer is embedded within the question itself. Months of enduring a seemingly stagnant economy tend to sour optimism until positive reports have time to accumulate. And the data points are positive. The recent cost-of-living numbers continue to show a trend towards lower inflation. According to the U.S. Bureau of Labor Statistics, the December 2025 CPI stood at 2.7%, well below the June 2022 peak of 9.1%, marking the lowest inflation rate since early 2021 . Quite a surprising result for those who predicted runaway inflation as a result of President Trump’s tariff strategy. Speaking of exceeding expectations, the latest GDP growth hit 4.3%, well above the expected 3.2% . This represents the fastest rate of expansion in two years. And yet, the latest Michigan Consumer Sentiment rating of 54 remains well below its 2024 highs. What can explain this? How the K Economy Impacts Real Affordability Many mention the “K Economy” as the culprit. This describes a structural shift in the economy that produces long-term and persistent unemployment in certain industries while other sectors flourish. Although the term may be new, the economic reality it describes isn’t. It occurs when fundamental events reshape national industries. Sometimes it’s a big change, such as the shift from the industrial age to the information age. Millions of factory workers lost their jobs ...
Warner Music Group’s revenue for the first quarter rose 10%, which the company says is thanks to increases in digital, artist-services, and expanded rights and licensing revenue. Warner Music Group CEO Robert Kyncl joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech” to discuss how AI patterns are also going to pay off soon. (Source: Bloomberg)
Warner Music Group’s revenue for the first quarter rose 10%, which the company says is thanks to increases in digital, artist-services, and expanded rights and licensing revenue. Warner Music Group CEO Robert Kyncl joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech” to discuss how AI patterns are also going to pay off soon. (Source: Bloomberg)
The best performing sector as of midday Friday is the Technology & Communications sector, up 2.8%. Within the sector, Robinhood Markets Inc (Symbol: HOOD) and Coinbase Global Inc (Symbol: COIN) are two large stocks leading the way, showing a gain of 13.5% and 10.6%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (Symbol: XLK), which is up...
The best performing sector as of midday Friday is the Technology & Communications sector, up 2.8%. Within the sector, Robinhood Markets Inc (Symbol: HOOD) and Coinbase Global Inc (Symbol: COIN) are two large stocks leading the way, showing a gain of 13.5% and 10.6%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (Symbol: XLK), which is up 3.8% on the day, and down 2.24% year-to-date. Robinhood Markets Inc, meanwhile, is down 27.06% year-to-date, and Coinbase Global Inc, is down 28.56% year-to-date. The next best performing sector is the Industrial sector, higher by 2.3%. Among large Industrial stocks, United Airlines Holdings Inc (Symbol: UAL) and Lam Research Corp (Symbol: LRCX) are the most notable, showing a gain of 9.0% and 8.9%, respectively. One ETF closely tracking Industrial stocks is the Industrial Select Sector SPDR ETF (XLI), which is up 2.6% in midday trading, and up 11.38% on a year-to-date basis. United Airlines Holdings Inc, meanwhile, is up 3.40% year-to-date, and Lam Research Corp is up 35.71% year-to-date. UAL makes up approximately 0.7% of the underlying holdings of XLI. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Friday. As you can see, nine sectors are up on the day, while none of the sectors are down. Sector % Change Technology & Communications +2.8% Industrial +2.3% Materials +2.2% Energy +2.1% Consumer Products +1.3% Financial +1.3% Healthcare +0.9% Services +0.8% Utilities +0.4% 10 ETFs With Stocks That Insiders Are Buying » Also see: Auto Manufacturers Dividend Stocks BOJA shares outstanding history HGV shares outstanding history The views and opinions expressed herein are the views and opinions of the aut...
In trading on Friday, shares of Canadian Utilities Ltd's Cumulative Redeemable Preferred Shares Series 1 (TSX: CIU-PRA.TO ) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.15), with shares changing hands as low as $20.83 on the day. As of last close, CIU.PRA was trading at a 16.16% discount to its liquidation preference amount. The chart below shows the one year...
In trading on Friday, shares of Canadian Utilities Ltd's Cumulative Redeemable Preferred Shares Series 1 (TSX: CIU-PRA.TO ) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.15), with shares changing hands as low as $20.83 on the day. As of last close, CIU.PRA was trading at a 16.16% discount to its liquidation preference amount. The chart below shows the one year performance of CIU.PRA shares, versus CU: Below is a dividend history chart for CIU.PRA, showing historical dividend payments on Canadian Utilities Ltd's Cumulative Redeemable Preferred Shares Series 1: In Friday trading, Canadian Utilities Ltd's Cumulative Redeemable Preferred Shares Series 1 (TSX: CIU-PRA.TO) is currently down about 0.5% on the day, while the common shares (TSX: CU.TO) are off about 1.1%. Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In afternoon trading on Friday, Utilities stocks are the worst performing sector, up 0.1%. Within that group, PG&E Corp (Symbol: PCG) and Consolidated Edison Inc (Symbol: ED) are two large stocks that are lagging, showing a loss of 2.0% and 0.6%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 0.2% on the day, and ...
In afternoon trading on Friday, Utilities stocks are the worst performing sector, up 0.1%. Within that group, PG&E Corp (Symbol: PCG) and Consolidated Edison Inc (Symbol: ED) are two large stocks that are lagging, showing a loss of 2.0% and 0.6%, respectively. Among utilities ETFs, one ETF following the sector is the Utilities Select Sector SPDR ETF (Symbol: XLU), which is up 0.2% on the day, and up 7.75% year-to-date. PG&E Corp, meanwhile, is down 22.37% year-to-date, and Consolidated Edison Inc is up 15.82% year-to-date. Combined, PCG and ED make up approximately 5.7% of the underlying holdings of XLU. The next worst performing sector is the Services sector, higher by 0.2%. Among large Services stocks, lululemon athletica inc (Symbol: LULU) and Dollar Tree Inc (Symbol: DLTR) are the most notable, showing a loss of 19.6% and 2.5%, respectively. One ETF closely tracking Services stocks is the iShares U.S. Consumer Services ETF (IYC), which is up 1.0% in midday trading, and up 1.09% on a year-to-date basis. lululemon athletica inc, meanwhile, is down 30.45% year-to-date, and Dollar Tree Inc is up 25.75% year-to-date. Combined, LULU and DLTR make up approximately 0.9% of the underlying holdings of IYC. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Friday. As you can see, nine sectors are up on the day, while none of the sectors are down. Sector % Change Energy +1.7% Technology & Communications +1.2% Healthcare +0.8% Financial +0.8% Industrial +0.8% Consumer Products +0.5% Services +0.2% Materials +0.2% Utilities +0.1% 10 ETFs With Stocks That Insiders Are Buying » Also see: IPD Videos Funds Holding TLGY Institutional Holders of EPSM The views and opinions expressed herein are the views and opin...
In trading on Friday, shares of Transalta Corporation's Cumulative Redeemable Rate Reset First Preferred Shares, Series A (TSX: TA-PRD.TO ) were yielding above the 3.5% mark based on its quarterly dividend (annualized to $0.7192), with shares changing hands as low as $20.51 on the day. As of last close, TA.PRD was trading at a 17.04% discount to its liquidation preference amount. It should be note...
In trading on Friday, shares of Transalta Corporation's Cumulative Redeemable Rate Reset First Preferred Shares, Series A (TSX: TA-PRD.TO ) were yielding above the 3.5% mark based on its quarterly dividend (annualized to $0.7192), with shares changing hands as low as $20.51 on the day. As of last close, TA.PRD was trading at a 17.04% discount to its liquidation preference amount. It should be noted that the preferred shares are The chart below shows the one year performance of TA.PRD shares, versus TA: Below is a dividend history chart for TA.PRD, showing historical dividend payments on Transalta Corporation's Cumulative Redeemable Rate Reset First Preferred Shares, Series A: In Friday trading, Transalta Corporation's Cumulative Redeemable Rate Reset First Preferred Shares, Series A (TSX: TA-PRD.TO) is currently up about 1.1% on the day, while the common shares (TSX: TA.TO) are up about 4.5%. Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
tiero/iStock via Getty Images This is my first cover on MARA Holdings ( MARA ). In the recent articles, I explored other crypto miners like IREN ( IREN ) and TeraWulf ( WULF ), and AI Cloud providers like Nebius ( NBIS ). In this article, I want to further explore the field and explore how MARA fits into the AI/HPC provider ecosystem. I will focus on MARA's assets and how their latest acquisition ...
tiero/iStock via Getty Images This is my first cover on MARA Holdings ( MARA ). In the recent articles, I explored other crypto miners like IREN ( IREN ) and TeraWulf ( WULF ), and AI Cloud providers like Nebius ( NBIS ). In this article, I want to further explore the field and explore how MARA fits into the AI/HPC provider ecosystem. I will focus on MARA's assets and how their latest acquisition of Exaion reveals their plan to compete with the likes of Nebius and CoreWeave ( CRWV ) rather than to be in the “landlord” data center model similar to what IREN and WULF do. Introduction Mara is a crypto miner that decided to pivot to the HPC sector but is, I believe, undervalued, mainly because they haven't announced any large deals with hyperscalers, like most of their competitors recently have. While companies like IREN, Applied Digital ( APLD ), or TeraWulf have seen significant price appreciation over the last year, MARA's stock price remains depressed, despite all the mentioned companies being in the same sector. I believe this gives the investor an opportunity, as MARA is currently valued like a dying crypto miner. Assets As discussed in my previous articles on MARA's peers, AI workloads will demand an ever-increasing amount of power, and the one holding access to power or power generation will have an edge. Demand for computing power is at record highs; thus, we need to look deeper into MARA's assets and how many energized facilities they have. Granbury, Texas The Granbury facility is located “behind-the-meter” at the Wolf Hollow gas-fired power plant. It draws power directly from the power plant at the energized capacity of 232 MW (nameplate capacity is 300 MW). This site is being used as a pilot plant for AI inference loads. I think, unlike other facilities that rely on intermittent wind energy (Picture 1 - Hansford County site), the 300 MW of gas-generated electricity will play an important role in their pivot to AI cloud, as I will discuss later in the article...
In trading on Friday, shares of BCE Inc's Cumulative Redeemable Class A Preferred Shares, Series 17 (TSX: BCE-PRG.TO ) were yielding above the 4% mark based on its quarterly dividend (annualized to $0.8425), with shares changing hands as low as $21.00 on the day. As of last close, BCE.PRG was trading at a 14.80% discount to its liquidation preference amount. It should be noted that the preferred s...
In trading on Friday, shares of BCE Inc's Cumulative Redeemable Class A Preferred Shares, Series 17 (TSX: BCE-PRG.TO ) were yielding above the 4% mark based on its quarterly dividend (annualized to $0.8425), with shares changing hands as low as $21.00 on the day. As of last close, BCE.PRG was trading at a 14.80% discount to its liquidation preference amount. It should be noted that the preferred shares are The chart below shows the one year performance of BCE.PRG shares, versus BCE: Below is a dividend history chart for BCE.PRG, showing historical dividend payments on BCE Inc's Cumulative Redeemable Class A Preferred Shares, Series 17: In Friday trading, BCE Inc's Cumulative Redeemable Class A Preferred Shares, Series 17 (TSX: BCE-PRG.TO) is currently up about 0.8% on the day, while the common shares (TSX: BCE.TO) are off about 1.4%. Click here to find out which 9 other Canadian dividend stocks just recently went ''on sale'' and crossed into new yield territory » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Too many investors may be making investing in artificial intelligence stocks too risky, too difficult, or both. The appeal of Nebius Group (NBIS +16.79%) is understandable. It's expected to report triple-digit revenue growth for last year as well as this year, so it seems like a must-have stock. And even more so since peeling back from its mid-October high. This lull, however, may not be mere prof...
Too many investors may be making investing in artificial intelligence stocks too risky, too difficult, or both. The appeal of Nebius Group (NBIS +16.79%) is understandable. It's expected to report triple-digit revenue growth for last year as well as this year, so it seems like a must-have stock. And even more so since peeling back from its mid-October high. This lull, however, may not be mere profit-taking following the surge stoked by landing Microsoft as a customer. This weakness arguably reflects the fact that Nebius is neither profitable now, nor expected to be in the foreseeable future. Analysts believe its losses will ultimately widen for years before contracting, which makes it tough for investors to buy in and then stay in. Fortunately, there's a much safer, similar option hiding in plain sight -- one that's already profitable and likely to remain so indefinitely. That's DigitalOcean (DOCN +9.92%). Here's why. What's DigitalOcean? It's not a household name. There's a very good chance, however, that you or someone in your household regularly benefits from the service DigitalOcean provides. Video game developer Double Eleven, workflow guide creator Scribe, and travel-planning website Framey are just some of its 640,000 paying customers. But the question is: What makes this relatively small business a go-to name when higher-profile players like Alphabet's Google or Microsoft -- or smaller providers like the aforementioned Nebius, for that matter -- can seemingly offer the same service? That's just it: They can't. Most of them can get close. But DigitalOcean has figured out and refined an offering that's exactly what a large number of smaller customers want at a price they can afford. Chief among its distinguishing features, however, is the fact that it's built to scale up, allowing a smaller customer to ease into the artificial intelligence (AI) arena at a relatively small cost, learn the ins and outs of the technology, and then purchase more services as it mak...
Key Points Nebius’ revenue growth is impressive, but there’s an important footnote to add. Artificial intelligence data centers remain a fantastic source for good investments. A player that is established but scrappy (and already profitable) may be the no-brainer, low-risk way to take your shot. 10 stocks we like better than DigitalOcean › The appeal of Nebius Group (NASDAQ: NBIS) is understandabl...
Key Points Nebius’ revenue growth is impressive, but there’s an important footnote to add. Artificial intelligence data centers remain a fantastic source for good investments. A player that is established but scrappy (and already profitable) may be the no-brainer, low-risk way to take your shot. 10 stocks we like better than DigitalOcean › The appeal of Nebius Group (NASDAQ: NBIS) is understandable. It's expected to report triple-digit revenue growth for last year as well as this year, so it seems like a must-have stock. And even more so since peeling back from its mid-October high. This lull, however, may not be mere profit-taking following the surge stoked by landing Microsoft as a customer. This weakness arguably reflects the fact that Nebius is neither profitable now, nor expected to be in the foreseeable future. Analysts believe its losses will ultimately widen for years before contracting, which makes it tough for investors to buy in and then stay in. 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 » Fortunately, there's a much safer, similar option hiding in plain sight -- one that's already profitable and likely to remain so indefinitely. That's DigitalOcean (NYSE: DOCN). Here's why. What's DigitalOcean? It's not a household name. There's a very good chance, however, that you or someone in your household regularly benefits from the service DigitalOcean provides. Video game developer Double Eleven, workflow guide creator Scribe, and travel-planning website Framey are just some of its 640,000 paying customers. But the question is: What makes this relatively small business a go-to name when higher-profile players like Alphabet's Google or Microsoft -- or smaller providers like the aforementioned Nebius, for that matter -- can seemingly offer the same service? That's just it: They can't. Most of them can get close. But DigitalOcean has figured ...
In 2001, Pixar was preparing to release the film "Finding Nemo." Given Pixar's track record of blockbusters, everyone expected the movie to be another hit.
In 2001, Pixar was preparing to release the film "Finding Nemo." Given Pixar's track record of blockbusters, everyone expected the movie to be another hit.
Palantir Technologies Inc (NYSE:PLTR)’ stock has fallen sharply this year, and Jefferies analysts say valuation concerns could continue to weigh on the shares even as the company’s operating performance improves. Jefferies noted Palantir’s stock is down about 27% in the year-to-date and...
Palantir Technologies Inc (NYSE:PLTR)’ stock has fallen sharply this year, and Jefferies analysts say valuation concerns could continue to weigh on the shares even as the company’s operating performance improves. Jefferies noted Palantir’s stock is down about 27% in the year-to-date and...