designer491/iStock via Getty Images By Christopher Nikolich and Elena Wang DC plans have choices when accessing private assets—but which option is the best fit? Private assets are gaining traction in many portfolios, as investors seek new frontiers given a more challenging market landscape. Returns of traditional asset classes in the years ahead are likely to be lower on an inflation-adjusted basi...
designer491/iStock via Getty Images By Christopher Nikolich and Elena Wang DC plans have choices when accessing private assets—but which option is the best fit? Private assets are gaining traction in many portfolios, as investors seek new frontiers given a more challenging market landscape. Returns of traditional asset classes in the years ahead are likely to be lower on an inflation-adjusted basis, and public markets offer fewer options for diversification today, at a time when managing risk is becoming increasingly important. We think private assets make sense for defined contribution (DC) savers, too, given their long-term investing focus. Some plan sponsors have added private exposure to their plans, and many more are considering it, but the question of “how” remains. There’s more than one way to give participants access to the return and diversification potential beyond public markets, each with its own considerations. Professionally Managed Default Solutions Private asset exposure can be included in a professionally managed retirement solution, with investment managers designing and managing a diversified allocation for participants. This includes adjusting and rebalancing exposures over time as market conditions change, relieving participants of the responsibility of managing the mix themselves. The solution can be integrated in the plan’s default option, often a diversified target-date fund, or via a managed account that can be offered as either an opt-in choice or default. In either implementation, the plan sponsor, investment manager or both—from design and implementation to ongoing monitoring and management. This alleviates the burden on participants and, if used within the default option, has the potential to reach the most participants. Diversified Core Menu Option with Private Assets Sponsors might decide to offer an option with a diversified mix of private and public assets on the plan’s core investment menu. There are several potential mixes, includi...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Expanded Tech-Software Sector ETF (Symbol: IGV) where we have detected an approximate $914.4 million dollar inflow -- that's a 15.0% increase week over week in outstanding units (from 71,800,000 to 82,550,000). Among the largest underlying components of IGV, in...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Expanded Tech-Software Sector ETF (Symbol: IGV) where we have detected an approximate $914.4 million dollar inflow -- that's a 15.0% increase week over week in outstanding units (from 71,800,000 to 82,550,000). Among the largest underlying components of IGV, in trading today Palantir Technologies Inc (Symbol: PLTR) is up about 0.8%, Oracle Corp (Symbol: ORCL) is up about 3.3%, and Salesforce Inc (Symbol: CRM) is higher by about 1.2%. For a complete list of holdings, visit the IGV Holdings page » The chart below shows the one year price performance of IGV, versus its 200 day moving average: Looking at the chart above, IGV's low point in its 52 week range is $76.68 per share, with $117.99 as the 52 week high point — that compares with a last trade of $86.52. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » 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.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Gold Miners ETF (Symbol: GDX) where we have detected an approximate $126.4 million dollar inflow -- that's a 0.9% increase week over week in outstanding units (from 407,602,500 to 411,202,500). The chart below shows the one year price performance of GDX, versus its 200 ...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Gold Miners ETF (Symbol: GDX) where we have detected an approximate $126.4 million dollar inflow -- that's a 0.9% increase week over week in outstanding units (from 407,602,500 to 411,202,500). The chart below shows the one year price performance of GDX, versus its 200 day moving average: Looking at the chart above, GDX's low point in its 52 week range is $28.83 per share, with $41.605 as the 52 week high point — that compares with a last trade of $34.74. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the JPMorgan Nasdaq Equity Premium Income ETF (Symbol: JEPQ) where we have detected an approximate $338.3 million dollar inflow -- that's a 1.5% increase week over week in outstanding units (from 404,550,000 to 410,550,000). Among the largest underlying components of JEPQ,...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the JPMorgan Nasdaq Equity Premium Income ETF (Symbol: JEPQ) where we have detected an approximate $338.3 million dollar inflow -- that's a 1.5% increase week over week in outstanding units (from 404,550,000 to 410,550,000). Among the largest underlying components of JEPQ, in trading today Amazon.com Inc (Symbol: AMZN) is up about 2%, Meta Platforms Inc (Symbol: META) is up about 2.7%, and Broadcom Inc (Symbol: AVGO) is higher by about 3.1%. For a complete list of holdings, visit the JEPQ Holdings page » The chart below shows the one year price performance of JEPQ, versus its 200 day moving average: Looking at the chart above, JEPQ's low point in its 52 week range is $47.6708 per share, with $58.54 as the 52 week high point — that compares with a last trade of $56.87. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » 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.
Innovent Biologics announced a strategic partnership with Eli Lilly on Feb. 8. Photo: VCG Chinese biotech upstart Innovent Biologics Inc. has deepened its long-standing collaboration with Eli Lilly and Co., securing a $350 million upfront payment in a deal to develop new drugs with a potential value of up to $8.9 billion. Hong Kong–listed Innovent announced the strategic partnership Sunday. Under ...
Innovent Biologics announced a strategic partnership with Eli Lilly on Feb. 8. Photo: VCG Chinese biotech upstart Innovent Biologics Inc. has deepened its long-standing collaboration with Eli Lilly and Co., securing a $350 million upfront payment in a deal to develop new drugs with a potential value of up to $8.9 billion. Hong Kong–listed Innovent announced the strategic partnership Sunday. Under the agreement, Innovent will lead research and development of innovative therapies for cancer and autoimmune diseases — from discovery through completion of Phase 2 clinical trials — on the Chinese mainland, according to a company filing.
Jaap Arriens | Nurphoto | Getty Images Elon Musk's xAI has lost another founding member. Tony Wu announced late on Monday that he resigned from the artificial intelligence startup, becoming the latest co-founder to leave the company. Others, including Igor Babuschkin , Kyle Kosic and Christian Szegedy, have also departed, and Greg Yang announced last month that he would be stepping back from his r...
Jaap Arriens | Nurphoto | Getty Images Elon Musk's xAI has lost another founding member. Tony Wu announced late on Monday that he resigned from the artificial intelligence startup, becoming the latest co-founder to leave the company. Others, including Igor Babuschkin , Kyle Kosic and Christian Szegedy, have also departed, and Greg Yang announced last month that he would be stepping back from his role to focus on his battle with Lyme disease. "It's time for my next chapter," Wu wrote in a post on X. "It is an era with full possibilities: a small team armed with AIs can move mountains and redefine what's possible." Tesla CEO Musk launched xAI in 2023 alongside 11 other people in an effort to compete with rivals like OpenAI and Google . The company's stated goal was to "understand the true nature of the universe," according to its website at the time. Last week, Musk announced that his rocket company SpaceX acquired xAI ahead of what could be a potentially massive IPO. The record-setting transaction is the largest merger of all time and values SpaceX at $1 trillion and xAI at $250 billion, according to documents viewed by CNBC. Musk previously merged xAI with X in a multibillion-dollar deal he announced last March. WATCH: SpaceX takes on xAI cash burn after merger watch now VIDEO 1:39 01:39 SpaceX takes on xAI cash burn after merger TechCheck Read more CNBC tech news 'Impossible': Taiwan pushes back against Washington's 40% chip supply relocation goal Alphabet calls out new AI-related risks, as it taps debt market to fund build-out Tesla exec Raj Jegannathan leaves automaker after 13 years Short seller CapitalWatch apologizes, retracts report on AppLovin shareholder
(Interscope) Bowing out after six consecutive US No 1 albums, Cole references rap greats and even conjures a convo between Biggie and 2Pac – but the lens rarely strays from himself J Cole released his debut mixtape in 2007, and now, nearly two decades later and after six back-to-back US No 1 albums, the North Carolina MC is still wrestling with the weight of so much hope heaped upon him. He is fra...
(Interscope) Bowing out after six consecutive US No 1 albums, Cole references rap greats and even conjures a convo between Biggie and 2Pac – but the lens rarely strays from himself J Cole released his debut mixtape in 2007, and now, nearly two decades later and after six back-to-back US No 1 albums, the North Carolina MC is still wrestling with the weight of so much hope heaped upon him. He is framing The Fall Off as a graceful bowing out – “to do on my last what I was unable to do on my first”, he has said – and it’s almost as if he is a student coming to the end of a long period of study, with this double album as his graduate thesis. Across 24 tracks and 101 minutes, The Fall Off is full of technical proficiency, raw lyrical skill, citation, interpolation and sampling, and it attempts nothing less than to embody a half-century of hip-hop. Through direct and indirect references, lessons unfold throughout. The Fall-Off Is Inevitable is inspired by Nas’s 2001 Stillmatic track Rewind. I Love Her Again is an obvious nod to Common’s I Used to Love HER. Bunce Road Blues borrows lyrics from Usher’s Nice & Slow but connects to R&B’s present with guest vocals from Nigerian singer Tems. The Let Out is reminiscent of SpottieOttieDopaliscious from OutKast’s Aquemini, and so forth: all ample material for audiences to think through hip-hop’s past and future. Continue reading...
Strategy Executive Chair Michael Saylor attempted on Tuesday to dismiss “unfounded” fears that the recent tumble in bitcoin prices would force the company to pare back its holdings, but he did acknowledge that more price volatility for the cryptocurrency, and for the company’s stock, was likely.
Strategy Executive Chair Michael Saylor attempted on Tuesday to dismiss “unfounded” fears that the recent tumble in bitcoin prices would force the company to pare back its holdings, but he did acknowledge that more price volatility for the cryptocurrency, and for the company’s stock, was likely.
kynny/iStock via Getty Images I consider Coherent Corp. ( COHR ) stock a Strong Buy. My rating is not just based on the 34% Y/Y growth in its Datacenter & Communications segment. My reasoning focuses on the structural gross margin decoupling backed by its proprietary 6-inch Indium Phosphide (InP) fabrication. I observe that COHR stock is currently mispriced as a commodity component assembler, but ...
kynny/iStock via Getty Images I consider Coherent Corp. ( COHR ) stock a Strong Buy. My rating is not just based on the 34% Y/Y growth in its Datacenter & Communications segment. My reasoning focuses on the structural gross margin decoupling backed by its proprietary 6-inch Indium Phosphide (InP) fabrication. I observe that COHR stock is currently mispriced as a commodity component assembler, but in my opinion, Coherent stock should be valued based on the unit-economic step-function derived by producing 4x chips/wafer at half the cost compared to 3-inch legacy lines . With a book-to-bill ratio over 4x and a backlog extending into 2027, Coherent’s revenue visibility is durable. The main risks to my COHR thesis include the need for smooth execution of the 1.6T transceiver ramp amid aggressive CapEx requirements and the Springing Maturity debt covenants. Above all, the 1.7x leverage ratio and possible accretive + impacts of the 6-inch ramp provide a high margin of safety against these issues. The Wafer-Level Edge and Structural Margin Decoupling Through 6-Inch Indium Phosphide Scaling The long-term bullish catalyst for Coherent’s stock price is the aggregate demand for AI transceivers. However, it is more than that. This is the specific unit-economic step function formed by Coherent’s proprietary transition to 6-inch Indium Phosphide (InP) wafer fabrication at its Sherman, Texas , and Järfälla, Sweden, facilities. Although I acknowledge the revenue potential of 800G and 1.6T transceivers, COHR stock has to fully price-in the gross margin decoupling that will occur as Coherent shifts from industry-standard 3-inch wafers to 6-inch wafers. There is a clear geometric advantage that I observe. A 6-inch wafer produces more than four times as many chips as a 3-inch wafer at less than half the cost. This builds a massive deflationary cost curve for Coherent’s internal bill of materials (BOM) instead of relying on external foundries/smaller wafer sizes that can lead to inflatio...
The world's largest exchange-traded fund, SPDR S&P 500 Trust ( SPY ), saw outflows of $571.56M for the week ending February 06 , while its price decreased by 0.69%. iShares Silver Trust ETF ( SLV ) recorded inflows totaling $2.44B, despite its price declining 3.11%. On the other hand, the SPDR Gold Shares ETF ( GLD ) recorded outflows totaling $1.7B last week, despite GLD prices increasing 6.6% du...
The world's largest exchange-traded fund, SPDR S&P 500 Trust ( SPY ), saw outflows of $571.56M for the week ending February 06 , while its price decreased by 0.69%. iShares Silver Trust ETF ( SLV ) recorded inflows totaling $2.44B, despite its price declining 3.11%. On the other hand, the SPDR Gold Shares ETF ( GLD ) recorded outflows totaling $1.7B last week, despite GLD prices increasing 6.6% during the week. The iShares Bitcoin Trust ETF ( IBIT ) registered outflows of $875.06M last week, while Bitcoin ( BTC-USD ) price slipped nearly 8.5% over the same period. Last week’s inflows/outflows The 11 S&P 500 sector tracking ETFs, collectively , recorded outflows of about $720.78M last week, according to data from etfdb.com. Financial Select Sector SPDR Fund ( XLF ) led sector outflows, as seven out of 11 sectors saw money flowing out of their respective sector wise funds. The Financial Sector ( XLF ) saw an outflow of $1.16B, followed by Consumer Staples Select Sector SPDR Fund ( XLP ) with $ 591.17M flowing out last week. The Communication Services Select Sector SPDR Fund ( XLC ) recorded an outflow of $ 411.56 M last week. The highest inflows last week were seen in the Energy Select Sector SPDR Fund ( XLE ), totalling $920.34M, followed by the Industrial Select Sector SPDR Fund ( XLI ) with inflows of $608.42M. The Health Care Select Sector SPDR Fund ( XLV ) recorded an inflow of $ 480.31 M last week. Breakdown of S&P 500 sector fund flows: Name of fund Ticker Inflows Energy Select Sector SPDR Fund XLE $920.34M Industrial Select Sector SPDR Fund XLI $608.42M Health Care Select Sector SPDR Fund XLV $480.31M Materials Select Sector SPDR Fund XLB $247.44M Real Estate Select Sector SPDR Fund XLRE ($59.73M) Utilities Select Sector SPDR Fund XLU ($153.67M) Consumer Discretionary Select Sector SPDR Fund XLY ($209.63M) Technology Select Sector SPDR Fund XLK ($391.53M) Communication Services Select Sector SPDR Fund XLC ($411.56M) Consumer Staples Select Sector SPDR Fund XLP...
Image source: The Motley Fool. Tuesday, Feb. 10, 2026 at 8 a.m. ET Call participants Chief Executive Officer — Mark Bertolini Chief Financial Officer — Richard Blackley Investor Relations — Chris Potochar Need a quote from a Motley Fool analyst? Email [email protected] Takeaways Total revenue -- $11.7 billion, a 28% increase year over year, primarily driven by membership growth. -- $11.7 billion, ...
Image source: The Motley Fool. Tuesday, Feb. 10, 2026 at 8 a.m. ET Call participants Chief Executive Officer — Mark Bertolini Chief Financial Officer — Richard Blackley Investor Relations — Chris Potochar Need a quote from a Motley Fool analyst? Email [email protected] Takeaways Total revenue -- $11.7 billion, a 28% increase year over year, primarily driven by membership growth. -- $11.7 billion, a 28% increase year over year, primarily driven by membership growth. SG&A expense ratio -- 17.5%, improving approximately 160 basis points compared to the previous year due to technology, AI initiatives, and cost management. -- 17.5%, improving approximately 160 basis points compared to the previous year due to technology, AI initiatives, and cost management. Medical loss ratio (MLR) -- 87.4% for the full year, up 570 basis points year over year, due to higher market morbidity and risk adjustment payable. -- 87.4% for the full year, up 570 basis points year over year, due to higher market morbidity and risk adjustment payable. Net loss -- $443 million for the full year, attributed to higher-than-expected claims and less favorable risk adjustment outcomes. -- $443 million for the full year, attributed to higher-than-expected claims and less favorable risk adjustment outcomes. Loss from operations -- $396 million, a negative swing of $454 million year over year, mainly due to risk adjustment expenses. -- $396 million, a negative swing of $454 million year over year, mainly due to risk adjustment expenses. Adjusted EBITDA loss -- $280 million, $479 million lower from the prior year. -- $280 million, $479 million lower from the prior year. Year-end membership -- 2 million members at year-end, up 22% year over year; 3.4 million enrolled as of Feb. 1, 2026. -- 2 million members at year-end, up 22% year over year; 3.4 million enrolled as of Feb. 1, 2026. Paid membership guidance -- Expected to start the second quarter at 3 million, representing a 58% increase year over year. -- E...
Image source: The Motley Fool. Tuesday, November 4, 2025 at 11 a.m. ET CALL PARTICIPANTS Chief Executive Officer — Jon Winkelried Chief Financial Officer — Jack Weingart President — Todd Sisitsky Managing Director, Investor Relations — Gary Stein Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS GAAP Net Income -- $67 million attributable to TPG for the quarter, as directl...
Image source: The Motley Fool. Tuesday, November 4, 2025 at 11 a.m. ET CALL PARTICIPANTS Chief Executive Officer — Jon Winkelried Chief Financial Officer — Jack Weingart President — Todd Sisitsky Managing Director, Investor Relations — Gary Stein Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS GAAP Net Income -- $67 million attributable to TPG for the quarter, as directly reported. -- $67 million attributable to TPG for the quarter, as directly reported. After-Tax Distributable Earnings -- $214 million, or $0.53 per share of Class A common stock, cited in prepared remarks. -- $214 million, or $0.53 per share of Class A common stock, cited in prepared remarks. Dividend Declaration -- $0.45 per share of Class A common stock, payable December 1, 2025 to holders of record as of November 14, 2025. -- $0.45 per share of Class A common stock, payable December 1, 2025 to holders of record as of November 14, 2025. Total Assets Under Management (AUM) -- $286 billion, up 20%, driven by $44 billion of capital raised, $24 billion of value creation, and offset by $26 billion of realizations over the last 12 months. -- $286 billion, up 20%, driven by $44 billion of capital raised, $24 billion of value creation, and offset by $26 billion of realizations over the last 12 months. Fee-Earning Assets Under Management -- $163 million, a 15% increase, as explicitly stated in the call. -- $163 million, a 15% increase, as explicitly stated in the call. Quarterly Capital Raised -- $18 billion, up 60% sequentially and 75% year over year, underscoring a record capital-formation environment. -- $18 billion, up 60% sequentially and 75% year over year, underscoring a record capital-formation environment. Year-to-Date Capital Raised -- Over $35 billion, surpassing the full-year 2024 total. -- Over $35 billion, surpassing the full-year 2024 total. Private Equity Fundraising -- $12.3 billion raised, including $10.1 billion in the first close for TPG Capital X and Healthca...
Image source: The Motley Fool. Monday, February 9, 2026 at 11:00 a.m. ET Call participants Chief Executive Officer — Jon Winkelried Chief Financial Officer — Jack Weingart Founding Partner — James Coulter Partner — Nehal Raj Global Head of Corporate Communications & Investor Relations — Gary Stein Need a quote from a Motley Fool analyst? Email [email protected] Takeaways GAAP net income -- $77 mil...
Image source: The Motley Fool. Monday, February 9, 2026 at 11:00 a.m. ET Call participants Chief Executive Officer — Jon Winkelried Chief Financial Officer — Jack Weingart Founding Partner — James Coulter Partner — Nehal Raj Global Head of Corporate Communications & Investor Relations — Gary Stein Need a quote from a Motley Fool analyst? Email [email protected] Takeaways GAAP net income -- $77 million attributable to TPG for the quarter. -- $77 million attributable to TPG for the quarter. After-tax distributable earnings -- $304 million, or $0.71 per share of Class A common stock, marking the highest quarterly result since becoming public. -- $304 million, or $0.71 per share of Class A common stock, marking the highest quarterly result since becoming public. Dividend declared -- $0.61 per share of Class A common stock, payable on March 5, 2026, to shareholders of record as of February 19, 2026. -- $0.61 per share of Class A common stock, payable on March 5, 2026, to shareholders of record as of February 19, 2026. Capital raised -- $51 billion raised in 2025, representing a 71% increase, including five new cross-platform and multi-fund strategic partnerships totaling over $10 billion in commitments. -- $51 billion raised in 2025, representing a 71% increase, including five new cross-platform and multi-fund strategic partnerships totaling over $10 billion in commitments. Total AUM -- $303 billion at year-end, growing 23% over the previous year, driven by net capital inflows and $24 billion of value creation. -- $303 billion at year-end, growing 23% over the previous year, driven by net capital inflows and $24 billion of value creation. Fee-earning AUM -- $170 billion at year-end, a 20% increase, with $72 billion of dry powder representing 43% of fee-earning AUM. -- $170 billion at year-end, a 20% increase, with $72 billion of dry powder representing 43% of fee-earning AUM. Fundraising in credit -- $21 billion raised, up 67%, with $9 billion in the fourth quarter alone...
Zerbor/iStock via Getty Images Shares of Quest Diagnostics ( DGX ) reached a new 52-week high on Tuesday after the diagnostic services provider exceeded Street forecasts with its Q4 2025 financials and set its 2026 outlook above the consensus. The New Jersey-based firm also hiked its existing share repurchase program by $1B and declared a quarterly dividend of $0.86 per share, a 7.5% increase from...
Zerbor/iStock via Getty Images Shares of Quest Diagnostics ( DGX ) reached a new 52-week high on Tuesday after the diagnostic services provider exceeded Street forecasts with its Q4 2025 financials and set its 2026 outlook above the consensus. The New Jersey-based firm also hiked its existing share repurchase program by $1B and declared a quarterly dividend of $0.86 per share, a 7.5% increase from the prior dividend of $0.80. As for Q4 results, the company reported $2.8B in revenue with ~7% YoY growth as revenue from its diagnostic information services surged ~7% YoY to $2.7B, expanding annual revenue by ~12% YoY to $11.0B. Meanwhile, Quest’s ( DGX ) adjusted diluted EPS for the quarter improved ~9% YoY to $2.42, while its adjusted operating margin dropped 30 bps to 15.3%. However, 2025 adjusted EPS rose ~10% YoY to $9.85, while operating margin reached 15.9%, indicating an increase of 30 bps. Looking ahead, the company projects $10.50 - $10.70 of adjusted EPS on $11.70B - $11.82B of revenue compared to $10.42 and $11.38B projected by analysts, respectively. More on Quest Diagnostics Quest Diagnostics: A Continuing Bullish Case For A Leader Among Diagnostic Testing Brands Quest Diagnostics Incorporated (DGX) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript Quest Diagnostics Incorporated (DGX) Presents at Citi Annual Global Healthcare Conference 2025 Transcript Quest Diagnostics beats Q4 estimates Quest Diagnostics raises quarterly dividend by 7.5% to $0.86, announces $1B buyback
JHVEPhoto Kraft Heinz ( KHC ) faces a challenging fourth quarter, with earnings expected to decline 27% and revenue seen falling by a little over 3%. The company is projected to report per-share earnings of $0.61 on revenue of $6.37B. Kraft Heinz’s Q4 results are due on Wednesday, February 11, before the bell. Over the last 3 months, EPS estimates have seen 1 upward revision and 2 downward moves, ...
JHVEPhoto Kraft Heinz ( KHC ) faces a challenging fourth quarter, with earnings expected to decline 27% and revenue seen falling by a little over 3%. The company is projected to report per-share earnings of $0.61 on revenue of $6.37B. Kraft Heinz’s Q4 results are due on Wednesday, February 11, before the bell. Over the last 3 months, EPS estimates have seen 1 upward revision and 2 downward moves, while revenue estimates have seen no upward revisions and 5 downward. Last month, Morgan Stanley flagged that the U.S. food sector is encountering growing competitive pressure as value-driven pricing, promotional activity, and private-label momentum pick up again heading into 2026. This is adding to the topline pressures and limiting the scope for margin recovery, analysts said. The brokerage lowered its rating on Kraft Heinz ( KHC ) to Underweight from Equal-weight. Seeking Alpha analyst Skeptical12 noted that the company's revenues and earnings have stagnated for some time. Revenue has declined by nearly $1.7 billion since 2016, while earnings have also significantly slowed down, they noted. “KHC’s core problem is that the company's brands are not growing in the most important markets in which they operate, and management's pricing power isn't driving earnings or revenue growth anymore either,” the analyst added. In Q3, the company revised its 2025 outlook to account for weaker U.S. consumption trends, a slower rebound in the Taste Elevation segment, and heightened inflation across key commodities. The management highlighted continued investment in promotions and said that increasing marketing spend beyond current plans is unlikely to generate incremental returns in the current environment. Over the last 2 years, KHC has beaten EPS estimates 100% of the time, while it has surpassed revenue estimates 13% of the time. More on Kraft Heinz Kraft Heinz: Berkshire May Be Out Of The Equation And What That Means For Shareholders Kraft Heinz: Institutional Investors Likely Reachin...
Andy Burnham , the mayor of Greater Manchester and potential leadership challenger to Keir Starmer , said his comments last year that Britain was “in hock” to the bond markets were taken out of context, and insisted his vision for the country would make it “a more investible proposition.” Burnham set out his stall as a future leader of the UK’s governing Labour party last September but the plan ba...
Andy Burnham , the mayor of Greater Manchester and potential leadership challenger to Keir Starmer , said his comments last year that Britain was “in hock” to the bond markets were taken out of context, and insisted his vision for the country would make it “a more investible proposition.” Burnham set out his stall as a future leader of the UK’s governing Labour party last September but the plan backfired after he said “we’ve got to get beyond this thing of being in hock to the bond market” and revealed his project would require £40 billion ($54.6 billion) of extra borrowing. Speaking at a Resolution Foundation event in London on Tuesday, Burnham said he had been “put out” by the reaction to his markets comment. “Why would I say that when I’ve been running Greater Manchester for 10 years? I don’t just ignore borrowing. You can’t ignore that,” he said. “I have never said Britain should ignore the bond markets. What I do say is that it is the decisions of politicians from the 1980s onwards that have left us in hock to them.” He later expanded on the point: “They’ve left Britain in a place where Britain doesn’t control its public spending because the essentials are all out of our control — water, energy.” Questions about Starmer’s future have been circling for months, with his judgment and party control under endless scrutiny. On Monday, he faced down a potential revolt after losing his chief of staff and director of communications over the decision to appoint Peter Mandelson as US ambassador in late 2024 despite knowing about his ongoing association with sex offender Jeffrey Epstein . Read More: Starmer Shores Up Position for Now as UK Rivals Bide Time Burnham said Starmer “has my support, and the government has my support.” But he argued recent events proved “the time has come to call an end to this era in British politics when politicians got too close to wealth, too seduced by the notion that deregulated markets would provide the solution.” Instead, a “new politics”...
Taiyou Nomachi/DigitalVision via Getty Images Few investors could have predicted the software sector meltdown that has shaped the stock market in 2026. The speed at which AI's advances have erased hundreds of billions in market cap across the software sector, in both small-cap and large-cap names, has been alarming, and I continue to encourage investors to look past the sensationalized AI headline...
Taiyou Nomachi/DigitalVision via Getty Images Few investors could have predicted the software sector meltdown that has shaped the stock market in 2026. The speed at which AI's advances have erased hundreds of billions in market cap across the software sector, in both small-cap and large-cap names, has been alarming, and I continue to encourage investors to look past the sensationalized AI headlines and focus on current fundamentals and value. In other words, I think many software stocks have become quite cheap, which gives us the luxury of being more picky about what stocks we invest in. ZoomInfo ( GTM ), a CRM and sales data platform, has lost a lot of relative appeal. The stock is down ~30% over the past year, but it's easier to justify ZoomInfo's relatively more benign crash due to its poor/nonexistent growth rates, whereas many higher-performing companies have lost more than half of their value. Data by YCharts I last wrote a "Neutral" opinion on ZoomInfo in November, when the stock was trading around $10 per share. Since then, ZoomInfo has shed ~30% of its value, but though the stock does trade at very cheap valuation multiples, there is now a wide field of better-performing alternatives to choose from. On top of this, ZoomInfo maintains plenty of operating and fundamental risk that makes the stock unattractive in the current market, which is already prejudiced against legacy software stocks. I'm downgrading ZoomInfo to a "Sell" rating. To me, these are the core red flags that ZoomInfo faces: AI threat. While I believe that the premise of AI ripping out established enterprise software platforms is overblown, there is a credible threat from AI to ZoomInfo. Recall that ZoomInfo's primary value-add is its contact data for salespeople (essentially selling a database of key contacts for sales teams to contact). This type of technology isn't deeply ingrained into company operations and can easily be replaced. AI can potentially help with scraping web data to generate...
The Trump administration’s EPA administrator, Lee Zeldin, is looking to repeal the 2009 “endangerment finding” that found greenhouse gases pose a threat to human health and welfare, possibly as early as this week, the Wall Street Journal reports. The EPA finding had set the legal basis for federal regulation of six greenhouse gases, including carbon dioxide and methane, and it has been unsuccessfu...
The Trump administration’s EPA administrator, Lee Zeldin, is looking to repeal the 2009 “endangerment finding” that found greenhouse gases pose a threat to human health and welfare, possibly as early as this week, the Wall Street Journal reports. The EPA finding had set the legal basis for federal regulation of six greenhouse gases, including carbon dioxide and methane, and it has been unsuccessfully challenged since it was first instituted. The move is almost certain to attract a number of lawsuits, and it could be years before the matter is settled. The EPA’s move will only affect tailpipe emissions for cars and trucks, though it’s expected that the Trump administration will use it to unwind regulations in other sectors like power plants and industrial facilities. Legacy automakers, which pushed Trump to weaken fuel efficiency rules, notably did not push for the EPA to repeal the endangerment finding. Tesla went further, asking the EPA to maintain the finding, saying it was “based on a robust factual and scientific record.” If the Trump administration is successful, the U.S. will be increasingly out of step with regulations in other advanced economies. Companies that do business across borders will need to develop different approaches for each market, increasing costs. Automakers, in particular, are facing a future in which they’ll be forced to serve bifurcated markets, at least in the near term. Regulatory whiplash in the U.S. coupled with increasing competition from China has cost automakers tens of billions of dollars. American automakers’ reliance on fossil fuel-powered trucks, in particular, has painted the domestic industry into a corner, providing addictive profits that distract from future-proofing their fleets in advance of seemingly inevitable competition from Chinese marques. Techcrunch event TechCrunch Founder Summit 2026: Tickets Live On June 23 in Boston, more than 1,100 founders come together at TechCrunch Founder Summit 2026 for a full day focused ...
Bim/E+ via Getty Images Shares of Xylem Inc. ( XYL ) plunged as much as 10% Tuesday before trimming losses after the water infrastructure company issued full-year 2026 guidance that fell short of Wall Street expectations. Xylem ( XYL ) forecast 2026 revenue of about $9.1 billion to $9.2 billion, below the consensus estimate of $9.33 billion. The company also projected adjusted earnings of $5.35 to...
Bim/E+ via Getty Images Shares of Xylem Inc. ( XYL ) plunged as much as 10% Tuesday before trimming losses after the water infrastructure company issued full-year 2026 guidance that fell short of Wall Street expectations. Xylem ( XYL ) forecast 2026 revenue of about $9.1 billion to $9.2 billion, below the consensus estimate of $9.33 billion. The company also projected adjusted earnings of $5.35 to $5.60 a share, compared with analyst expectations of $5.55 a share. Quarterly results top estimates The cautious outlook overshadowed a stronger-than-expected fourth quarter. Xylem ( XYL ) reported revenue of $2.4 billion, beating the Wall Street consensus estimate of $2.37 billion. Adjusted earnings came in at $1.42 a share, above estimates of $1.41 a share. Orders totaled $2.4 billion in the quarter, up 9% on a reported basis and 7% organically, reflecting continued demand across key end markets. Net income rose to $335 million, or $1.37 a share, from $328 million, or $1.34 a share, a year earlier. Margins expand despite higher costs Fourth-quarter earnings before interest, taxes, depreciation and amortization margin increased 220 basis points to 23.2%, driven by productivity gains and pricing. Xylem ( XYL ) said these improvements more than offset inflation, tariffs and lower volumes. Adjusted results excluded restructuring costs, purchase accounting amortization and charges tied to business sales. “The team delivered an exceptionally strong fourth quarter,” Chief Executive Matthew Pine said in the earnings release. “Healthy organic revenue and orders growth gave us solid momentum coming into 2026.” Full-year performance and capital returns For full-year 2025, Xylem ( XYL ) posted revenue of $9.0 billion, up 6% on a reported basis and 5% organically. Adjusted earnings rose 19% to $5.08 a share. The company said its adjusted ebitda margin reached a record level for the year. Xylem ( XYL ) also announced an 8% increase in its quarterly dividend to $0.43 a share, payable M...