00:08 Jared Blikre Yes, Google's parent company Alphabet is just tapping the bond market with a 100-year time frame. 00:16 Jared Blikre No joke, this bond is not going to mature until the year 2126, and the wild part is investors could not get enough of it. 00:26 Jared Blikre On today's stocks in translation, we're breaking down what this so-called century bond actually is and why a company that's...
00:08 Jared Blikre Yes, Google's parent company Alphabet is just tapping the bond market with a 100-year time frame. 00:16 Jared Blikre No joke, this bond is not going to mature until the year 2126, and the wild part is investors could not get enough of it. 00:26 Jared Blikre On today's stocks in translation, we're breaking down what this so-called century bond actually is and why a company that's drowning in cash, why they would want to borrow in the first place. 00:38 Jared Blikre So Alphabet is raising about $32 billion across multiple bond deals in multiple currencies, and only a smallish part, 1 billion British pounds is for 100 years. 00:51 Jared Blikre But let's back up a minute and add some context about the difference between stocks and bonds. 00:58 Jared Blikre So, stocks are ownership, bonds are a loan. 01:03 Jared Blikre With a stock, you own a slice of the company. 01:06 Jared Blikre You buy it with the hope that the stock price goes up and maybe the company pays you a dividend. 01:12 Jared Blikre With a bond, you're lending to the company money, and they pay you interest until the maturity date is reached, and then they pay you back the original amount, and you get to keep all the interest. 01:25 Jared Blikre Now let's talk about who buys something like this. 01:28 Jared Blikre Some buyers like pension funds and insures want steady payments for a very long time. 01:34 Jared Blikre Their promises to pay people last decades. 01:38 Jared Blikre So guess what? 01:39 Jared Blikre They like investments that last decades. 01:42 Jared Blikre Other buyers are just making a big clean bet on interest rates, hoping to buy low and sell high or vice versa. 01:51 Jared Blikre And why would Google's parent company want to go into debt when they're neck deep in cash anyway? 01:58 Jared Blikre Because AI is turning tech into a hugely expensive infrastructure buildout, and even cash-rich cash-rich companies like to have cheap, flexible funding while late rates are histor...
施紀賢重申不會辭職 揚言帶領工黨迎戰下屆大選 據報衛生大臣最快本月挑戰黨魁地位 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】面對逼宮壓力的英國首相施紀賢重申不會辭職，會帶領工黨迎戰下屆大選。據報衛生大臣施卓添最...
施紀賢重申不會辭職 揚言帶領工黨迎戰下屆大選 據報衛生大臣最快本月挑戰黨魁地位 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】面對逼宮壓力的英國首相施紀賢重申不會辭職，會帶領工黨迎戰下屆大選。據報衛生大臣施卓添最快在本月的國會補選後挑戰施紀賢黨魁地位。 英國首相施紀賢到訪赫特福德郡的社區中心，提到自己亦是基層出身，明白生活成本是最重要的議題，他會履行承諾作出改變。「我絕不會背棄獲賦予去改變這個國家的使命，絕不會背棄我需捍衛的人民，絕不會背棄我深愛的國家。」 施紀賢認為真正的鬥爭不在工黨內部，而是對抗右翼政黨，他會帶領工黨迎戰下屆大選。「改革黨的政治，分裂、分裂、分裂，抱怨、抱怨、抱怨，會令我們的國家撕裂，這是我們現在鬥爭，我尚餘一口氣仍會繼續戰鬥。」 施紀賢因前駐美大使文德森捲入淫媒富商愛潑斯坦案，面對逼宮壓力，潛在首相人選衛生大臣施卓添、前副首相韋雅蘭及大曼徹斯特市長貝安德均公開力撐施紀賢。 《衛報》報道，施卓添雖然表態支持施紀賢留任，但消息指施卓添最快在本月底的下議院歌頓及登頓選區補選，或5月地方選舉後會搶先站出來挑戰施紀賢黨魁地位。捲入避稅風波的韋雅蘭正接受調查，貝安德則要勝出補選晉身國會才能加入選戰。
Vitalik Buterin Calls For Ethereum-Led Alternative To The 'Race For AGI' Authored by Vismaya V via Decrypt.co, The Ethereum co-founder has outlined a four-quadrant Ethereum-AI buildout spanning private AI use, agent markets, and governance. In brief Vitalik Buterin said Monday the very frame of “work on AGI” is flawed and called for AI development guided by decentralization, privacy, verification,...
Vitalik Buterin Calls For Ethereum-Led Alternative To The 'Race For AGI' Authored by Vismaya V via Decrypt.co, The Ethereum co-founder has outlined a four-quadrant Ethereum-AI buildout spanning private AI use, agent markets, and governance. In brief Vitalik Buterin said Monday the very frame of “work on AGI” is flawed and called for AI development guided by decentralization, privacy, verification, and human empowerment. He outlined an Ethereum-linked roadmap focused on local LLMs, zero-knowledge payments for private AI API usage, and cryptographic privacy, among other key areas. Buterin’s approach contrasts with the AGI acceleration narratives from major AI labs, focusing on safer, Ethereum-based AI coordination. Vitalik Buterin is calling for a different path in artificial intelligence—one that rejects a blind “race to AGI” and instead relies on Ethereum-style decentralization, verification, and privacy as guardrails for the AI era. “The frame of ‘work on AGI’ itself contains an error,” Ethereum co-founder Buterin wrote in a post on X Monday, noting that the goal is often treated as an undifferentiated race where the main distinction is simply “that you get to be the one at the top.” He compared the phrase to vaguely describing Ethereum as just “working in finance” or “working on computing,” saying it obscures more important questions about direction and values. Buterin said AI and crypto are too often approached from “completely separate philosophical perspectives,” and urged builders to integrate them. Instead of raw acceleration, AI development should focus on systems that “foster human freedom and empowerment” and ensure “the world does not blow up,” Buterin wrote, echoing his defensive-acceleration, or d/acc, framework. Joni Pirovich, founder and CEO of Crystal aOS, told Decrypt , “Ethereum becoming the default settlement layer for AI-to-AI interactions is realistic. It's less about 'accelerating AGI' and more about providing the necessary rails and guardrails...
With shares down 14% from an all-time high of $136 hit two months ago, Nvidia's (NASDAQ: NVDA) rocketship rally seems to be unraveling, even as revenue and earnings continue to hit new records. While the chipmaker is still arguably one of the best companies in the world, the market may be losing excitement about the artificial intelligence (AI) industry in general. Let's explore the pros and cons ...
With shares down 14% from an all-time high of $136 hit two months ago, Nvidia's (NASDAQ: NVDA) rocketship rally seems to be unraveling, even as revenue and earnings continue to hit new records. While the chipmaker is still arguably one of the best companies in the world, the market may be losing excitement about the artificial intelligence (AI) industry in general. Let's explore the pros and cons of the current situation to decide whether investors should buy the dip or avoid this declining stock. Why is Nvidia declining? The truth is that no stock can continue rising at a parabolic rate forever. After gaining over 600% since the start of 2023, Nvidia was due for a pullback. That said, some emerging macroeconomic challenges could eventually spell fundamental trouble for the high-flying company. Analysts at J.P. Morgan think the U.S. economy has a 35% chance of entering a recession by the end of the year. A downturn could wreak havoc on Nvidia's business model, because its high-end AI graphics processing units (GPUs) are essentially tech sector luxury items. For starters, these chips are expensive, with Nvidia's H100 costing between $30,000 and $40,000 per unit. Thousands of these units are needed to train and run large language models (LLMs). The industry is also notoriously difficult to monetize because of high competition, weak competitive moats, and technical limitations. Corporations would most likely slash their investments in this speculative sector during a recession. Nvidia faces increasingly challenging comparisons If Nvidia has anything, it's a spectacular growth rate. First-quarter revenue soared 262% year over year to $26 billion, powered by sales of the company's most advanced data center chips like the H100. Most importantly, these products boast high margins, which allowed Nvidia to increase its operating profit by almost 700% to $16.9 billion. However, a stock's performance is typically based on future expectations, not past performance. It's unclear...
Director of National Intelligence Tulsi Gabbard speaks on the phone while standing at the edge of a truck loading bay after the FBI executed a search warrant for the Fulton County Election Hub and Operation Center in relation to the 2020 election, according to a law enforcement official familiar with the matter, in Union City, Georgia, Jan. 28, 2026. Elijah Nouvelage | Reuters A referral by former...
Director of National Intelligence Tulsi Gabbard speaks on the phone while standing at the edge of a truck loading bay after the FBI executed a search warrant for the Fulton County Election Hub and Operation Center in relation to the 2020 election, according to a law enforcement official familiar with the matter, in Union City, Georgia, Jan. 28, 2026. Elijah Nouvelage | Reuters A referral by former Trump campaign lawyer Kurt Olsen led to the recent FBI raid that seized 2020 election ballots from a Fulton County , Georgia, elections center, a newly unsealed federal court document revealed Tuesday. The document, an affidavit by FBI Special Agent Hugh Raymond Evans, said that the FBI is conducting a "criminal investigation into whether any of the improprieties" alleged to have occurred in voting processes and ballot counting in Fulton County in 2020 "were intentional acts that violated federal criminal laws." "The FBI criminal investigation originated from a referral sent by Kurt Olsen, Presidentially appointed Director of Election Security and Integrity," the affidavit document in U.S. District Court in Atlanta says. Olsen worked on efforts after the 2020 election to overturn President Donald Trump 's loss in that contest to former President Joe Biden. Evans' affidavit was submitted by federal prosecutors as they asked a federal magistrate judge to sign a search warrant for the election center. Olsen reportedly was hired last fall to investigate election issues. The affidavit was ordered unsealed by Atlanta federal court Judge J.P. Boulee, who was nominated by Trump, after the chairman of the Fulton County Board of Commissioners and county Board of Registration and Elections sued the federal government over the seizure of the ballots and sought their return. Director of National Intelligence Tulsi Gabbard was present at the election center on Jan. 28 when FBI agents raided the site and seized ballots. Gabbard's presence and the raid itself have been strongly criticized...
Nokian Tyres press release ( NKRKF ): Q4 GAAP EPS of € 0.12. Revenue of € 416.4M. More on Nokian Renkaat Oyj Nokian Renkaat Oyj (NKRKY) Q4 2025 Earnings Call Transcript Nokian Renkaat Oyj 2025 Q4 - Results - Earnings Call Presentation Seeking Alpha’s Quant Rating on Nokian Renkaat Oyj Historical earnings data for Nokian Renkaat Oyj Dividend scorecard for Nokian Renkaat Oyj
Nokian Tyres press release ( NKRKF ): Q4 GAAP EPS of € 0.12. Revenue of € 416.4M. More on Nokian Renkaat Oyj Nokian Renkaat Oyj (NKRKY) Q4 2025 Earnings Call Transcript Nokian Renkaat Oyj 2025 Q4 - Results - Earnings Call Presentation Seeking Alpha’s Quant Rating on Nokian Renkaat Oyj Historical earnings data for Nokian Renkaat Oyj Dividend scorecard for Nokian Renkaat Oyj
Lean hog futures are trading with 25 to 92 cent losses across the front months on Tuesday. USDA’s national base hog price was reported at $84.92 on Tuesday morning. The CME Lean Hog Index was 11 cents lower on Feb 6 at $86.46. USDA’s pork carcass cutout value from Tuesday morning report was 57 cents higher at $96.40 per cwt. The loin and rib were the only primals reported lower. USDA estimated fed...
Lean hog futures are trading with 25 to 92 cent losses across the front months on Tuesday. USDA’s national base hog price was reported at $84.92 on Tuesday morning. The CME Lean Hog Index was 11 cents lower on Feb 6 at $86.46. USDA’s pork carcass cutout value from Tuesday morning report was 57 cents higher at $96.40 per cwt. The loin and rib were the only primals reported lower. USDA estimated federally inspected hog slaughter for Monday at 490,000 head. That was 46,000 head above last week and 859 head above the same week last year. Don’t Miss a Day: Feb 26 Hogs are at $86.850, down $0.250, Apr 26 Hogs are at $95.800, down $0.925 May 26 Hogs are at $99.925, down $0.450, More news from Barchart The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - After closing roughly flat for two consecutive sessions, treasuries showed a strong move to the upside during trading on Tuesday. Bond prices advanced early in the session and remained firmly positive throughout the day. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, slid 5.1 basis points to 4.147 percent. With the decrease on the day, the ten...
(RTTNews) - After closing roughly flat for two consecutive sessions, treasuries showed a strong move to the upside during trading on Tuesday. Bond prices advanced early in the session and remained firmly positive throughout the day. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, slid 5.1 basis points to 4.147 percent. With the decrease on the day, the ten-year yield ended the session at its lowest closing level in almost a month. The strength among treasuries came after the Commerce Department released a report showing retail sales in the U.S. were unexpectedly flat in the month of December. The report said retail sales came in virtually unchanged in December after climbing by 0.6 percent in November. Economists had expected retail sales to rise by 0.4 percent. Excluding a slight dip in sales by motor vehicle and parts dealers, retail sales were still virtually unchanged in December after increasing by 0.4 percent in November. Ex-auto sales were expected to grow by 0.3 percent. "The December retail sales report shows that consumers paused their spending at the end of the holiday season after a strong spending spree in October and November," said Nationwide Chief Economist Kathy Bostjancic. She added, "The stagnant retail sales in December provides a soft hand-off to Q1 consumer spending, but we look for a surge in tax refunds, estimated to be $50 billion higher than last year, and the still strong wealth effect will buoy consumer spending in Q1 and support solid GDP growth." A separate report released by the Labor Department showed import prices in the U.S. crept up in line with estimates in the month of December. Looking ahead, trading on Wednesday is likely to be driven by reaction to the Labor Department's closely watched monthly jobs report. The report, which was delayed due to the brief government shutdown last week, is expected to show employment climbed by 70,000 jobs in January after rising by 50,000 jobs in Decembe...
AndreyPopov/iStock via Getty Images RTX ( RTX ) said Tuesday that its BBN Technologies unit has begun work under a U.S. defense contract aimed at protecting military radar systems as key radio frequencies are opened to commercial 5G use, providing new technical detail on a project that was first disclosed last year. The work falls under the Pentagon’s Advanced Spectrum Coexistence Demonstration pr...
AndreyPopov/iStock via Getty Images RTX ( RTX ) said Tuesday that its BBN Technologies unit has begun work under a U.S. defense contract aimed at protecting military radar systems as key radio frequencies are opened to commercial 5G use, providing new technical detail on a project that was first disclosed last year. The work falls under the Pentagon’s Advanced Spectrum Coexistence Demonstration program, which was announced in 2025 when the National Spectrum Consortium selected multiple industry teams to participate under an “other transaction” agreement framework. RTX ( RTX ) was among the companies named at the time, though specifics of its role had not been publicly detailed. In a statement Tuesday, RTX ( RTX ) said BBN will lead a multi-company team tasked with building a prototype system that allows defense radars to operate safely alongside commercial 5G networks in the 3.1 to 3.45 gigahertz band. The band is viewed as a prime candidate for expanded commercial use but has raised concerns inside the Pentagon due to its proximity to mission-critical radar systems. Faster response to interference According to RTX ( RTX ), current spectrum-sharing tools can take tens of minutes to detect interference and reassign frequencies, creating risks for both radar operators and mobile networks. The first phase of the project will focus on developing a “smart spectrum manager” that can identify radar activity, predict potential interference and redirect 5G traffic in seconds. A second phase would expand the system into a more advanced prototype designed to manage spectrum sharing automatically with minimal human oversight. RTX said the goal is to allow radar and 5G systems to operate side by side without degrading performance or safety. “Lives are put at risk when a radar misses a target,” Chris Vander Valk, principal investigator at BBN, said in a statement, adding that the technology is designed to keep radars reliable as spectrum congestion increases. Industry and academi...
tupungato/iStock Editorial via Getty Images In my previous and first article on Aebi Schmidt, I gave the company a "HOLD" rating, citing overvaluation and uncertain forecasts for what amounted to a relatively new company on the market. Since that article, the company has outperformed the market impressively. I seem to be the only analyst on Seeking Alpha as of right now that has "caught" this comp...
tupungato/iStock Editorial via Getty Images In my previous and first article on Aebi Schmidt, I gave the company a "HOLD" rating, citing overvaluation and uncertain forecasts for what amounted to a relatively new company on the market. Since that article, the company has outperformed the market impressively. I seem to be the only analyst on Seeking Alpha as of right now that has "caught" this company as a business worth looking at or covering. I'm hoping that through continued coverage, I can actually elicit some interest in this sector and this company. Specialized vehicle manufacturing is a very attractive segment. I also cover and invest in peers like Oshkosh ( OSK ), and my coverage on companies like KION ( KIGRY ) is also well established over the years at this time in 2026. A few things have come up since my last article. First off, we have the 3Q25 results. The 4Q25 results for the company are expected to be released in the relatively near term, so I'll provide some forecasts for these as well. Also, we have dividend news for the company, which recently confirmed its quarterly dividend payout. Again, these are impressive things for a new company like this, even if it's merged. Forecasting for this company is extremely tricky. Valuation modeling doesn't really work well given the company's limited history. SOTP valuation models don't reflect the underlying value. I will update my assessments as well as the risks that I see - but remember that we're talking about a Swiss-listed $1.2B company in the transportation and equipment segment, with a yield of about 0.75%. It's important to not overstate the appeal here either , despite significantly positive short-term trends from the company. The company's current share price is $15.61/share, and the native ticker is AEBI - and it's this one we'll update. The company does not have a Swiss ticker, despite being domiciled in Switzerland. What this means, given the current geopolitical macro, I'll update as well. Aebi Sc...
MOUNTAIN VIEW, Calif. , Feb. 10, 2026 /PRNewswire/ -- In under a week since release, over a thousand Google workers "vehemently opposed to Google's partnerships with DHS, CBP, and ICE" signed a petition naming four key demands of its senior executives: acknowledge ICE's raids; host a Q&A about ICE contracts; protect all workers from ICE; and provide transparency about Google's involvement in ICE, ...
MOUNTAIN VIEW, Calif. , Feb. 10, 2026 /PRNewswire/ -- In under a week since release, over a thousand Google workers "vehemently opposed to Google's partnerships with DHS, CBP, and ICE" signed a petition naming four key demands of its senior executives: acknowledge ICE's raids; host a Q&A about ICE contracts; protect all workers from ICE; and provide transparency about Google's involvement in ICE, surveillance, and war. The petition states, "We consider it our leadership's ethical and policy-bound responsibility to disclose all contracts and collaboration with DHS, CBP, and ICE, and to divest from these partnerships." "When I joined Google 7 years ago, workers had just successfully organized to stop Google from continuing to contract with the U.S. military. I was so proud to be a Googler then––proud to be a part of a company with a moral compass. I'm not proud anymore. My work indirectly powers and accelerates ICE operations, which means I personally stand to benefit from others' suffering. I refuse to be a quiet participant in that system, stated Alex, a Google worker with the No Tech for Apartheid campaign. This effort was organized by Google workers with No Tech for Apartheid, a group of Google and Amazon workers organizing against tech militarism, one example of which is Project Nimbus, the companies' joint $1.2 billion cloud computing contract with the Israeli military and government. "Google is now a prominent node in a shameful lineage of private companies profiting from violent state repression, a repression whose beating heart is in the hateful ideology that there are places we don't belong. This is true from occupied Palestine to Los Angeles, the U.S. Southern Border to Minneapolis. It is in fact the same technology that powers ICE which also powers Israel's ongoing genocide against Palestinians and apartheid system," stated S.P., a Google worker remaining anonymous for fear of retaliation. S.P. continued, "Google tries to divide and differentiate us, but t...
Live cattle is mixed on Tuesday, with June up 15 cent and being held up by cash. Other contracts are down 10 to 42 cents. Monday was FND (first notice day) for June cattle deliveries. There were none, with the oldest long in line dated August 2023. Cash trade activity mostly consisted of collecting show lists, with last week at $185 in the South and $190 in the North. Feeder cattle futures are sli...
Live cattle is mixed on Tuesday, with June up 15 cent and being held up by cash. Other contracts are down 10 to 42 cents. Monday was FND (first notice day) for June cattle deliveries. There were none, with the oldest long in line dated August 2023. Cash trade activity mostly consisted of collecting show lists, with last week at $185 in the South and $190 in the North. Feeder cattle futures are slipping back lower, with losses of 70 to 95 cents at midday. The CME Feeder Cattle Index was up $1.68 at $252.88. The OKC auction had 6500 head of feeders on Monday, down from 7,170 last week and 10,143 a year ago. Heavy weights were $1-6 higher, while feeder steers under 850# were reported $2-7 lower. Demand was moderate to good, but uneven (steer calves up, but heifer calves down). USDA’s Wholesale Boxed Beef prices were higher in this morning’s report. Choice boxes were up an average $1.79 at $319.21 per cwt. Select product was 46 cents higher at $301.50. The Chc/Select spread has widened out to $17.71. USDA estimated daily FI slaughter for Monday was 121,000 head vs. 120,000 last Monday and 122,718 a year ago. Jun 24 Live Cattle are at $184.075, up $0.150, Aug 24 Live Cattle are at $179.550, down $0.425, Oct 24 Live Cattle are at $182.075, down $0.100, Aug 24 Feeder Cattle are at $257.725, down $0.925 Sep 24 Feeder Cattle are at $258.850, down $0.875 Oct 24 Feeder Cattle are at $259.350, down $0.850 On the date of publication, Alan Brugler 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.
Wirestock/iStock Editorial via Getty Images Boeing ( BA ) plans to bring a fourth assembly line for the 737 Max online in Everett, Washington, by mid-summer, Reuters reported Tuesday. The new line, known internally as the North Line, is part of Boeing’s ( BA ) broader effort to lift monthly production of the best-selling 737 Max. The company is currently moving from a rate of 38 aircraft a month t...
Wirestock/iStock Editorial via Getty Images Boeing ( BA ) plans to bring a fourth assembly line for the 737 Max online in Everett, Washington, by mid-summer, Reuters reported Tuesday. The new line, known internally as the North Line, is part of Boeing’s ( BA ) broader effort to lift monthly production of the best-selling 737 Max. The company is currently moving from a rate of 38 aircraft a month toward 42. Speaking at the Pacific Northwest Aerospace Association’s Advance 2026 conference, Katie Ringgold said suppliers should prepare for additional increases in the coming months. She told attendees that Boeing expects output to rise by roughly 15% over the next 18 months, Reuters reported. That trajectory is consistent with Boeing’s ( BA ) next production target of 47 737 Max jets per month, a level the company has previously identified as a key milestone in its recovery plan. More on Boeing Boeing: The Growth Is Just Starting Boeing Is Flying Steady Into 2026 The Boeing Company (BA) Q4 2025 Earnings Call Transcript Boeing delivers 46 jets in January, outpaces Airbus on orders Saudia is said to weigh major jet order as Saudi tourism push accelerates
On Tuesday, Discord released an update clarifying that the "vast majority of people can continue using Discord exactly as they do today," without needing to use a face scan or ID to verify their age so they can use the platform without restrictions. Discord states in the post that "age prediction" using information Discord already has will likely be sufficient for many users: We've seen some quest...
On Tuesday, Discord released an update clarifying that the "vast majority of people can continue using Discord exactly as they do today," without needing to use a face scan or ID to verify their age so they can use the platform without restrictions. Discord states in the post that "age prediction" using information Discord already has will likely be sufficient for many users: We've seen some questions about our age assurance update and we want to share more clarity. We know how important these changes are to our community. Here's what we want you to know: • Discord is not requiring everyone to complete a face scan or upload an ID to … Read the full story at The Verge.
Victor Golmer/iStock Editorial via Getty Images Bad news tends to come in bunches, and that's certainly been the case for Novo Nordisk A/S ( NVO ). As investors, we can try to anticipate the news flow, but without a crystal ball, the best we can usually do is buy good companies at good prices and ride out the bad news. That can be painful. We can also assess the effect the news has on the stock th...
Victor Golmer/iStock Editorial via Getty Images Bad news tends to come in bunches, and that's certainly been the case for Novo Nordisk A/S ( NVO ). As investors, we can try to anticipate the news flow, but without a crystal ball, the best we can usually do is buy good companies at good prices and ride out the bad news. That can be painful. We can also assess the effect the news has on the stock through technical analysis. At some point, the bad news may stop having a negative effect, and that is often a signal that a bottom could be close. This article looks at why and where NVO could bottom. The Turnaround If you were to look at NVO's results and valuation in isolation, you would probably wonder why the stock had fallen 71% into last week's lows. FY '25 was decent. Sales grew 6% in DKK, or 10% in constant currency (NVO's home listing is in Denmark (NOVO-B.CO)). EPS saw 2% growth. NVO However, everything is relative, and the 2% EPS growth is down from a series of standout growth years, with 33% in '24, 38% in '23, and 28% in '22. Seeking Alpha That strong growth led to a lofty valuation in 2024 with a P/E ratio nearing 50. That has now contracted to just 14, which is an all-time low. Data by YCharts The last time the P/E ratio was this low was in 2018, when there was a 3.5% contraction in earnings and flat revenues. On an absolute basis, 2018 has earnings of $37B on sales of $111B. Both those figures were nearly double in 2025. I think it's fair to say the NVO stock price deserved a major price drop on its 2025 figures. For a start, the 2024 peak of $148 was pricing in too much optimism. Furthermore, when strong growth of 33% suddenly stalls and falls to 2%, you know there will be a strong repricing. But has it dropped enough or even too far? That depends on whether the company can stabilize earnings and where large institutional buyers are interested in the stock. More Bad News The latest bad news to hit the stock was some extremely soft guidance . The pharma giant...
Positive phase 2 results from Jiangsu Hengrui Pharmaceuticals ( JNGHF )( JHPCY ) and privately held Kailera Therapeutics for their daily oral GLP-1/GIP receptor dual agonist peptide ribupatide for obesity could put pressure on Eli Lilly ( LLY ), which is developing orforglipron and is in the same drug class. The ribupatide trial, which was conducted in China, found that at 26 weeks of treatment, m...
Positive phase 2 results from Jiangsu Hengrui Pharmaceuticals ( JNGHF )( JHPCY ) and privately held Kailera Therapeutics for their daily oral GLP-1/GIP receptor dual agonist peptide ribupatide for obesity could put pressure on Eli Lilly ( LLY ), which is developing orforglipron and is in the same drug class. The ribupatide trial, which was conducted in China, found that at 26 weeks of treatment, mean weight reduction was 12.1% at the two highest doses tested. For comparison, data from Eli Lilly's ATTAIN-1 trial, released in September 2025, showed average weight loss of 12.4% at 72 weeks at the highest dose tested. For ribupatide, the 12.1% reduction was seen in both the 25 mg and 50 mg doses. At 10 mg, the average weight loss was only 6.9%. At all doses, no plateau in weight loss was observed. For treatment-emergent adverse events, vomiting rates were 11.4% at 25 mg and 7.5% at 50 mg. Nausea rates were 22.7% at 25 mg and 20.0% at 50 mg. Orforglipron does have a major advantage over ribupatide: It will likely hit the market first. Lilly has already submitted an application for the candidate with an FDA action date of April 10. Novo Nordisk ( NVO ) was developing a once-monthly GLP-1/GIP receptor dual agonist but abandoned it in 2024. However, since January, it has been marketing an oral version of its GLP-1 Wegovy (semaglutide), and in December, filed an application for CagriSema, a combination of amylin analogue cagrilintide and semaglutide, with the FDA. More on Eli Lilly Eli Lilly: Positives Outweigh The Concerns Eli Lilly and Company 2025 Q4 - Results - Earnings Call Presentation Eli Lilly and Company (LLY) Q4 2025 Earnings Call Transcript Eli Lilly to buy Orna Therapeutics for up to $2.4B in cash Eli Lilly expands partnership with Innovent to develop oncology, immunology drugs
Earnings Call Insights: Prospect Capital Corporation (PSEC) Q2 2026 Management View CEO John Barry reported net investment income of $91 million or $0.19 per common share and net asset value of $3 billion, $6.21 per common share. Barry also detailed a net debt to total assets ratio of 28.2% as of December 31 and announced monthly common shareholder distributions of $0.045 per share for February, M...
Earnings Call Insights: Prospect Capital Corporation (PSEC) Q2 2026 Management View CEO John Barry reported net investment income of $91 million or $0.19 per common share and net asset value of $3 billion, $6.21 per common share. Barry also detailed a net debt to total assets ratio of 28.2% as of December 31 and announced monthly common shareholder distributions of $0.045 per share for February, March, and April. He stated, "We continue to make progress with our strategic priorities, including: number one, rotation of assets into our core business of first lien senior secured middle market loans with our first lien mix increasing 728 basis points to 71.4% since June 2024." Barry emphasized reducing second lien exposure and highlighted the near-complete exit from subordinated structured notes, with the mix decreasing 818 basis points to near 0 since June 2024. The company continues to exit targeted equity-linked assets, including real estate, and completed significant asset sales within Echelon Transportation in July and December 2025. President Michael Eliasek noted that Prospect's exited investments in middle market lending to companies with less than $50 million of EBITDA over nearly 22 years resulted in an investment level exited gross IRR of approximately 17.2% with an annualized net realized loss rate of 0.1%. He emphasized, "Middle market lending comprised 100% of our originations during the December quarter with a continued prioritization of first lien senior secured loans." CFO Kristin Van Dask stated, "We believe our prudent leverage, diversified access to match book funding, substantial majority of unencumbered assets, weighting toward unsecured fixed rate debt and avoidance of unfunded asset commitments all demonstrate balance sheet strength as well as substantial liquidity to capitalize on attractive opportunities." Van Dask highlighted that the company has locked in a ladder of liabilities extending 26 years and recently issued $168 million in senior un...
There are some very complex dynamics currently at play in the stock market. Heading into the year, investors had concerns about artificial intelligence (AI) stocks. Valuations were high, and the hyperscalers are each planning to pour hundreds of billions into AI-related capital expenditures this year. Investors began to question whether this kind of capex would truly yield worthwhile returns. The ...
There are some very complex dynamics currently at play in the stock market. Heading into the year, investors had concerns about artificial intelligence (AI) stocks. Valuations were high, and the hyperscalers are each planning to pour hundreds of billions into AI-related capital expenditures this year. Investors began to question whether this kind of capex would truly yield worthwhile returns. The group sold off. In recent weeks, software stocks have also crashed, largely due to concerns that AI can easily replicate or disrupt software-as-a-service (SaaS) products, business models, and margins. The combination of these two dynamics has resulted in a paradoxical doomsday of sorts: AI may be running out of gas, yet it is also going to disrupt software as we know it. Can AI really be struggling and disrupting software at the same time? The issue for AI is that large tech companies like those in the "Magnificent Seven" have spent heavily on AI-related capex, yet the market is unsure whether the returns will pan out. For one, there is the issue of resources. AI runs on massive datasets and is powered by data centers. These data centers consume resources like power and fresh water to cool the chips in the data centers. A report published by the Lawrence Berkeley National Laboratory in December 2024 found that by 2028, over half of the power being used by data centers will be for AI, which could consume enough electricity equivalent to 22% of all U.S. households. Another report published by the consulting firm McKinsey last year estimated that there would need to be $6.7 trillion in spending on data centers by 2030 to keep pace with the demand for computing power. Meanwhile, the latest models from OpenAI's ChatGPT have faced criticism, leading investors to wonder whether all this spending will yield significantly better models. This, coupled with high valuations, has triggered a sell-off in recent months. But at the same time, software stocks have been crushed on the threat...
In recent months, broad U.S. software and cloud stocks have tumbled as investors step back from last year’s AI euphoria. According to Barchart data reports, the software sector has fallen roughly 24% behind the S&P 500 ($SPX) over the past three months, with Oracle (ORCL) the “loss leader,” off nearly 50% since late October. That slide reflected concerns about massive cloud capital spending and Op...
In recent months, broad U.S. software and cloud stocks have tumbled as investors step back from last year’s AI euphoria. According to Barchart data reports, the software sector has fallen roughly 24% behind the S&P 500 ($SPX) over the past three months, with Oracle (ORCL) the “loss leader,” off nearly 50% since late October. That slide reflected concerns about massive cloud capital spending and OpenAI’s uncertain funding. But on Feb. 9, Oracle suddenly jumped 10% after D.A. Davidson upgraded the stock. Analyst Gil Luria argued that a “revamped OpenAI” will renew demand for Oracle’s cloud services and that new OpenAI funding should finally allow it to honor its commitments to Oracle’s massive AI data centers. Oracle’s Global Cloud and AI Leadership Oracle is a global leader in enterprise software and cloud infrastructure. It pioneered the relational database and now offers integrated applications, middleware, and cloud services. Uniquely, Oracle operates 211+ data center regions worldwide, more than any major peer, and pursues a “cloud-neutral” strategy so its tech can run on any public cloud. Management emphasizes embedding AI across its stack, from autonomous databases to analytics and apps. Indeed, Oracle pivoted heavily into AI infrastructure, even landing a multibillion-dollar deal reported at $300 billion with OpenAI to build large-scale cloud centers. Oracle has been actively expanding its AI infrastructure and applications. In January 2026, it announced a major contract with the U.K. Ministry of Defence. The MoD will migrate legacy systems onto Oracle Cloud Infrastructure (OCI) and adopt Oracle’s AI-powered tools for defense analytics. Meanwhile, Oracle’s high‑capacity AI data center builds are progressing. The company’s blog notes active AI infrastructure projects in partnership with OpenAI at two campuses in Texas and sites in New Mexico, Wisconsin, and Michigan. For example, Michigan regulators recently approved a plan to power a 1.4‑gigawatt Oracle/OpenAI...