JHVEPhoto/iStock Editorial via Getty Images Understanding CLF's Post-Earnings Dip I was happy to see Cleveland-Cliffs Inc. ( CLF ) stock rising from my January 8th update ahead of earnings because I had a "Buy" rating on the stock. More importantly, I've been holding my CLF long position for years, hoping for an eventual reversal when the auto market revives again. Unfortunately, all the gains tha...
JHVEPhoto/iStock Editorial via Getty Images Understanding CLF's Post-Earnings Dip I was happy to see Cleveland-Cliffs Inc. ( CLF ) stock rising from my January 8th update ahead of earnings because I had a "Buy" rating on the stock. More importantly, I've been holding my CLF long position for years, hoping for an eventual reversal when the auto market revives again. Unfortunately, all the gains that the stock managed to collect since early January vanished in a single trading session yesterday following the firm's Q4 release. Seeking Alpha, CLF's earnings call CLF missed the revenue consensus by ~6% of $281.44 million because the quarterly revenue figure itself was flat on a YoY basis due to "heavier-than-usual seasonal impacts" (per management) and maintenance that drove down quarterly shipments to ~3.8 million tons, slightly lower than the Q3 figure. While the non-GAAP loss per share moved in the right direction, the GAAP net loss for the full FY2025 amounted to ~$1.4 billion, which is a double to FY2024's net loss. The company said its FY 2025 performance in 2025 was hurt by persistently weak production levels from the automotive sector throughout the year, an expiring five-year slab supply contract with ArcelorMittal ( MT ) that became value-destructive during its last year, and the impact from President Trump's sweeping metal tariffs on the company's Canadian operations. CEO Lourenco Goncalves said "these negative situations have all improved" as the new year begins, while "the trade environment in the United States continues to move in a very constructive direction, setting the stage for dramatically improved results this year." Source: SA News The market seemed to have become concerned about the progress CLF is making regarding the equity partnership with South Korea's POSCO. The CEO was quite positive on that front, noting: POSCO continues to conduct due diligence as part of our recently announced strategic partnership, both parties are focused on structuring...
(RTTNews) - While reporting financial results for the fourth quarter on Tuesday, beverages giant Coca-Cola Co. (KO) initiated its adjusted earnings and organic revenue growth guidance for the full-year 2026. The company also provided outlook for the first quarter. For fiscal 2026, the company now projects comparable currency neutral earnings growth of 5 to 6 percent, and comparable earnings per sh...
(RTTNews) - While reporting financial results for the fourth quarter on Tuesday, beverages giant Coca-Cola Co. (KO) initiated its adjusted earnings and organic revenue growth guidance for the full-year 2026. The company also provided outlook for the first quarter. For fiscal 2026, the company now projects comparable currency neutral earnings growth of 5 to 6 percent, and comparable earnings per share growth of 7 to 8 percent from the $3.00 per share reported in 2025, implying earnings in a range of $3.21 to $3.24 per share. It also projects organic revenue growth of 4 to 5 percent, with approximate 1 percent currency tailwind and a 4 percent headwind from acquisitions and divestitures. On average, analysts polled expect the company to report earnings of $3.22 per share on revenue growth of 7.87 percent to $50.84 billion for the year. Analysts' estimates typically exclude special items. For the first quarter, Coca-Cola expects comparable net revenues to include a 2 percent currency tailwind, and a 1 percent headwind from acquisitions and divestitures. Comparable earnings per share are expected to include a 2 percent currency tailwind, both based on the current rates and including the impact of hedged positions. In Tuesday's pre-market trading, KO is trading on the NYSE at $75.17, down $2.78 or 3.57 percent. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Saia press release ( SAIA ): Q4 GAAP EPS of $1.77 misses by $0.13 . Revenue of $789.95M (+0.1% Y/Y) beats by $13.68M . Operating ratio of 91.9% compared to 87.1% LTL shipments per workday decreased 0.5% LTL tonnage per workday decreased 1.5% LTL revenue per hundredweight, excluding fuel surcharge revenue, increased 0.5% LTL revenue per shipment, excluding fuel surcharge revenue, decreased 0.5%. Ne...
Saia press release ( SAIA ): Q4 GAAP EPS of $1.77 misses by $0.13 . Revenue of $789.95M (+0.1% Y/Y) beats by $13.68M . Operating ratio of 91.9% compared to 87.1% LTL shipments per workday decreased 0.5% LTL tonnage per workday decreased 1.5% LTL revenue per hundredweight, excluding fuel surcharge revenue, increased 0.5% LTL revenue per shipment, excluding fuel surcharge revenue, decreased 0.5%. Net capital expenditures were $544.1 million during 2025, compared to $1,040.9 million in net capital expenditures in 2024. In 2026, we anticipate that net capital expenditures will be approximately $350 million to $400 million, subject to ongoing evaluation of market conditions. More on Saia Saia Q4 2025 Earnings Preview Saia provides Q4 LTL operating data Seeking Alpha’s Quant Rating on Saia Historical earnings data for Saia Financial information for Saia
TLDR Taiwan Semiconductor stock jumped 1.8% to $355 Monday after U.S. officials announced tariff exemptions for Big Tech chips linked to TSMC’s American factory investments. NVIDIA CEO Jensen Huang stated TSMC must double manufacturing capacity to meet explosive AI chip demand, pointing to years of strong orders ahead. TSMC boosted its quarterly dividend to $0.9678 per share and reported January r...
TLDR Taiwan Semiconductor stock jumped 1.8% to $355 Monday after U.S. officials announced tariff exemptions for Big Tech chips linked to TSMC’s American factory investments. NVIDIA CEO Jensen Huang stated TSMC must double manufacturing capacity to meet explosive AI chip demand, pointing to years of strong orders ahead. TSMC boosted its quarterly dividend to $0.9678 per share and reported January revenue of TWD 401.255 billion, up 36.8% year-over-year. Analysts set an average price target of $381.67 with multiple recent upgrades, while the stock trades at a P/E of 33.36. Taiwan rejected U.S. requests to relocate 40% of chip production to America, creating potential policy friction despite ongoing Arizona expansion. Taiwan Semiconductor stock gained 1.8% Monday, closing at $355.28 as investors processed several developments affecting the world’s largest chipmaker. Volume reached 14.5 million shares during the session. Taiwan Semiconductor Manufacturing Company Limited, TSM The primary catalyst came from Washington, where officials outlined plans to exempt Big Tech chips from upcoming tariffs. These carve-outs tie directly to TSMC’s commitments to build manufacturing facilities in the United States. The policy shift reduces near-term risk for TSMC’s biggest customers including Apple, NVIDIA, and AMD. All three companies rely on TSMC’s cutting-edge foundries to produce their most advanced processors. AI Boom Drives Capacity Warnings NVIDIA CEO Jensen Huang delivered bullish comments about TSMC’s long-term demand picture. Huang warned the company would need to roughly double its production capacity to satisfy AI chip orders. The statement confirms sustained revenue growth for TSMC through 2027 and beyond. However, it also signals the chipmaker faces years of elevated capital expenditure to build new fabrication plants. TSMC posted strong financial results to back up the growth narrative. January 2026 revenue hit TWD 401.255 billion, representing a 36.8% increase from Jan...
manassanant pamai/iStock via Getty Images By Yusuke Hashimoto In January, Japanese government bond (JGB) yields leapt to levels not seen in decades. Investors have long treated Japan’s bond market as a beacon of stability, so the speed and scale of the sell-off—especially in 30- and 40-year bonds—reverberated through global markets. While we don’t think this episode spells crisis, we do think it c...
manassanant pamai/iStock via Getty Images By Yusuke Hashimoto In January, Japanese government bond (JGB) yields leapt to levels not seen in decades. Investors have long treated Japan’s bond market as a beacon of stability, so the speed and scale of the sell-off—especially in 30- and 40-year bonds—reverberated through global markets. While we don’t think this episode spells crisis, we do think it contains lessons for investors. Surprise Election Triggers Yield Surge On January 23, Prime Minister Sanae Takaichi—just three months into her tenure—unexpectedly dissolved the lower house of Parliament and called a surprise snap election for February 8. She also unveiled plans for a substantial fiscal stimulus package and floated a two-year suspension of Japan’s 8% food sales tax, a move that could cost ¥5 trillion annually. This policy shift raised alarms for investors, as Japan already has a high debt-to-GDP ratio of roughly 250%. Concerns over fiscal discipline triggered a sharp sell-off in long-dated JGBs. The 30-year yield climbed roughly 20 basis points, while the 40-year yield approached 4%. The JGB yield curve is now unusually steep compared to other developed countries, with 30-year JGBs now higher than German Bunds ( Display )—a striking development, given Japan’s long history of yield suppression. Today’s Japanese Yield Curve Is Unusually Steep Government Bond Yield Curves (Percent) Japan-led volatility reverberated through global bond markets, prompting market-calming comments from US Treasury Secretary Scott Bessent and drawing comparisons in the media to the UK’s Truss-era bond-market stress. Is Japan Truss-Worthy? The comparison is tempting but hard to sustain. The UK’s 2022 crisis under then-Prime Minister Liz Truss involved a spiral of leveraged pension funds, margin calls and forced liquidations that drove rates sharply higher. However, the Truss episode resembled a typical credit-stress event, in that it ultimately flattened the yield curve; in contrast, ...
(RTTNews) - Duke Energy Corp (DUK) reported a profit for fourth quarter that Drops, from last year The company's bottom line totaled $1.169 billion, or $1.50 per share. This compares with $1.191 billion, or $1.54 per share, last year. Excluding items, Duke Energy Corp reported adjusted earnings of $1.167 billion or $1.50 per share for the period. The company's revenue for the period rose 7.9% to $...
(RTTNews) - Duke Energy Corp (DUK) reported a profit for fourth quarter that Drops, from last year The company's bottom line totaled $1.169 billion, or $1.50 per share. This compares with $1.191 billion, or $1.54 per share, last year. Excluding items, Duke Energy Corp reported adjusted earnings of $1.167 billion or $1.50 per share for the period. The company's revenue for the period rose 7.9% to $7.938 billion from $7.360 billion last year. Duke Energy Corp earnings at a glance (GAAP) : -Earnings: $1.169 Bln. vs. $1.191 Bln. last year. -EPS: $1.50 vs. $1.54 last year. -Revenue: $7.938 Bln vs. $7.360 Bln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
akinbostanci/iStock via Getty Images The recent turbulence in the AI and mega-cap growth names has spilled over to other asset classes as well. Some of these areas that have been punished together with the growth factor are relevant for income-seeking investors as well. Private credit ( BDC ) and covered call ETFs that are based on the AI-heavy indices, such as the Nasdaq-100 ( QQQ ) and the S&P 5...
akinbostanci/iStock via Getty Images The recent turbulence in the AI and mega-cap growth names has spilled over to other asset classes as well. Some of these areas that have been punished together with the growth factor are relevant for income-seeking investors as well. Private credit ( BDC ) and covered call ETFs that are based on the AI-heavy indices, such as the Nasdaq-100 ( QQQ ) and the S&P 500 ( SPY ), are good examples showing how interconnected the market can be. And this has happened in a situation in which the broad indices had contracted (temporarily) by about 1% to 3% that is nothing in the context of a real bear market. For me, this serves as yet another reminder of how important it is to remain committed to high-quality value and anchor portfolio investment goals around current income (and not future asset prices). Sure, currently, we are seeing how the market is following the same old course - i.e., coming back with a vengeance after a short dip. However, for investors who depend on financial portfolios to, say, fund living expenses, assuming that this pattern will last forever would be quite a risky thing to do. Plus, I won't lie, how good it felt knowing that my portfolio cash flow streams (and thus my investment progress) remained unaffected when the richly priced securities started to sell off. Having said that, taking the risk out of the equation is probably not the smartest thing to do either. If the portfolio consisted of just the absolute safest picks, then the chances would be quite high of running into the issue of low portfolio yield and/or concentrated exposures. In my view, currently, it is possible to construct a portfolio that yields between 5% to max 7% that we could label as almost fully de-risked from dividend cuts. In this basket, we could include such dividend aristocrats and kings as Realty Income Corporation ( O ), Altria Group, Inc. ( MO ), and Enterprise Products Partners L.P. ( EPD ). However, at least in my case, a dividend y...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Spotify . Getty Images Good morning! Here's the latest in trending: Crude watch: The U.S. issues an advisory that American-flagged commercial vessels transiting the Strait of Hormuz should stay as far away as possible from Iranian waters. Monster sale: Alphabet ( GOOG ) ( GOOGL ) i...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Spotify . Getty Images Good morning! Here's the latest in trending: Crude watch: The U.S. issues an advisory that American-flagged commercial vessels transiting the Strait of Hormuz should stay as far away as possible from Iranian waters. Monster sale: Alphabet ( GOOG ) ( GOOGL ) is looking to raise a lot of money from the bond market to pay for its artificial intelligence-related buildout. Canada tensions: President Trump threatens to block a new Ontario-Michigan bridge from opening until the U.S. is 'fully compensated.' Finally here Investors don't need to zoom out too far to see the big comeback for stocks over the past week. The Nasdaq ( COMP:IND ) has rebounded, the S&P 500 ( SP500 ) is back near records, while the Dow ( DJI ) breached the 50,000 level and then some . A bounce for other assets has also ensued, with gold ( XAUUSD:CUR ) returning to above $5,000/oz , and bitcoin ( BTC-USD ) trading around $70,000 . Snapshot: The next big test will be a slew of economic data scheduled for release this week, much of which has been delayed by the last government shutdown (with another partial shutdown on the horizon). Among the data deluge are key items like retail sales data (Tuesday), non-farm payrolls (Wednesday), and the consumer price index (Friday). Expect traders to position themselves accordingly, with the numbers influencing the interest-rate cut path of the Federal Reserve. "Every silver lining has a touch of grey. That line from the 1987 Grateful Dead captures the mixed signals that defined this past week in global markets," Invesco's Brian Levitt and Benjamin Jones write in a new Seeking Alpha article . "Lost in the carnage of the software sector selloff and the unwind of several other momentum-driven areas of the market is the fact that nearly 20% of the S&P 500 Index hit new highs last week. To put it further into perspective, roughly t...
hapabapa Fiserv ( FISV ) stock slid 4.4% in Tuesday premarket trading after the payment technology company issued weaker-than-expected guidance for 2026. The new guidance and Q4 results follow the company's reset announced in October, when it shook up its leadership, slashed its 2025 guidance, and started a new action plan. The company expects 2026 EPS of $8.00-$8.30 ( midpoint $8.15), vs. the ave...
hapabapa Fiserv ( FISV ) stock slid 4.4% in Tuesday premarket trading after the payment technology company issued weaker-than-expected guidance for 2026. The new guidance and Q4 results follow the company's reset announced in October, when it shook up its leadership, slashed its 2025 guidance, and started a new action plan. The company expects 2026 EPS of $8.00-$8.30 ( midpoint $8.15), vs. the average analyst estimate of $8.56, and organic revenue growth of 1%-3%, down from the 4% growth it logged in FY2025. "Our fourth-quarter results and 2026 guidance are in line with what we outlined in October," said Chief Financial Officer Paul Todd . "Our focus on disciplined investment and efficiency supports our outlook for improving financial performance as we progress through 2026." Q4 adjusted EPS of $1.99, topping the $1.90 consensus, dropped from $2.04 in Q3 and $2.51 in Q4 2024. Q4 adjusted revenue of $4.90B, matching the consensus, edged down from $4.92B in the prior quarter and was flat with the year-ago period. Fiserv's ( FISV ) organic revenue was roughly flat Y/Y in Q4 at $4.86B, vs. the Visible Alpha consensus of $4.89B. Merchant Solutions' organic revenue grew 1% Y/Y, while Financial Solutions organic revenue fell 2%. The overall organic revenue growth slowed from 1% in Q3. Total expenses of $3.99B, vs. the Visible Alpha estimate of $3.93B, increased from $3.83B in Q3 and $3.58B in Q4 2024. Adjusted operating margin of 34.9% vs. 37.0% in the previous quarter and 42.9% a year ago. Merchant Solutions operating margin of 32.1% compared with 37.2% in Q3 and 39.2% in the prior year's Q4. Financial Solutions operating margin of 42.2% narrowed from 42.5% in the prior quarter and 51.7% in the year-ago period. Conference call at 8:00 AM ET. More on Fiserv Fiserv: Deeply Discounted Shares Present Attractive Long-Term Opportunity Fiserv: Beyond The Mirage, A Valuation Under More Realistic Assumptions Fiserv: Accumulating Through A Transition, Not Timing A Bottom Fiserv Non...
After 156 days of hearings, Jimmy Lai Chee-ying’s case finally came to a close with the former media boss sentenced to 20 years of imprisonment. Western media and critics will no doubt say, what a harsh sentence for a “democracy advocate” and “freedom fighter”. However, Lai was not accused of fighting for freedom or demanding democracy in Hong Kong. His crimes were not even about his avowed hatred...
After 156 days of hearings, Jimmy Lai Chee-ying’s case finally came to a close with the former media boss sentenced to 20 years of imprisonment. Western media and critics will no doubt say, what a harsh sentence for a “democracy advocate” and “freedom fighter”. However, Lai was not accused of fighting for freedom or demanding democracy in Hong Kong. His crimes were not even about his avowed hatred of the Communist Party. Western critics may be surprised to hear that hating the Communist Party is not a crime in Hong Kong. It merely provides a motive to commit certain clearly defined crimes against national security. Lai was convicted on a count of conspiracy to spread seditious articles and two conspiracy counts of collusion with foreign forces. The sedition charge was brought under a law enacted by the British during Hong Kong’s colonial days . The charge has nothing to do with any criticisms of the Hong Kong government but specifically required proof of an intention to incite the public to “bring into hatred or contempt or to excite disaffection” against the central and Hong Kong governments. Advertisement Few will disagree that freedom of speech is not limitless. The law on libel is a good example. It is universally accepted that freedom of speech should not extend into realms of doing harm to the reputation of others, let alone promoting hatred. In Lai’s case, any discussion of this charge must be viewed in the light that under the sedition law, the maximum punishment of a first offender is two years. Lai’s sentence is set to last longer than two years, so in that sense, the sedition charge is the least relevant. Advertisement The collusion charge is very different. It is a far more serious offence carrying a maximum sentence of life imprisonment. Under the Hong Kong national security law , collusion includes seeking help from or calling on a foreign power to sanction one’s own country. Regardless of one’s view, it is hard to argue that such an act is not treason...
Donald Trump ’s immigration crackdown and the fast-strengthening peso are putting additional pressure on Mexico’s economy by slowing the flow of money into the country. Money sent to Mexico from migrants abroad snapped an 11-year growth streak in 2025, declining 4.6%. It’s projected to continue falling for two more years, by 2.8% in 2026 and 3.6% in 2027, according to estimates from Banco Bilbao V...
Donald Trump ’s immigration crackdown and the fast-strengthening peso are putting additional pressure on Mexico’s economy by slowing the flow of money into the country. Money sent to Mexico from migrants abroad snapped an 11-year growth streak in 2025, declining 4.6%. It’s projected to continue falling for two more years, by 2.8% in 2026 and 3.6% in 2027, according to estimates from Banco Bilbao Vizcaya Argentina SA. The drop is one of the main financial consequences in Latin America seen from the US government’s targeting of immigrants who have lived in the country for years. At their peak in 2024, Mexico’s remittances grew to be 3.5% of GDP . If transfers fall to under $58 billion — they stood at $61.8 billion last year — it would be a blow to Mexicans in rural areas who often depend on relatives abroad to pay for basic expenses including kids’ education, rent and food. Their purchasing power could fall by around 15% if the exchange rate approaches 17 pesos per dollar said Juan Jose Li Ng , a BBVA Research senior economist specialized in remittances. The currency is currently at 17.20 per dollar. The peso has strengthened more than 19% against the greenback in the past year, the biggest jump among Latin American currencies in the span, thanks to a weaker dollar and increased appetite for emerging-market assets. Read More: Trump’s Embrace of Weaker Dollar Fuels Bets on New Downtrend That follows a sharp selloff in 2024 in the wake of an election win for President Claudia Sheinbaum ’s Morena party that paved the way for constitutional reforms that roiled markets. A stronger Mexican currency — which has also advanced in part due to the country’s trade relationship with the US — means families in the country get fewer pesos for every dollar sent. “It’s possible that millions of households in Mexico could see a reduction in their purchasing power, driven not by a decline in remittances in US dollars, but in Mexican pesos,” Li said in a response to questions. “Two-third...
Welcome to Next Africa, a twice-weekly newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. The ghosts of Libya’s past are making their presence felt as the nation with Africa’s biggest oil reserves tries to show it’s open for business. Former dictator Muammar Qaddafi’s son was killed by unidentified gunmen at his home last week, th...
Welcome to Next Africa, a twice-weekly newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. The ghosts of Libya’s past are making their presence felt as the nation with Africa’s biggest oil reserves tries to show it’s open for business. Former dictator Muammar Qaddafi’s son was killed by unidentified gunmen at his home last week, throwing the spotlight on a strongman who seemed to be slowly fading into irrelevance. When Saif al-Islam Qaddafi, 53, was laid to rest, however, his supporters came out in force. Thousands gathered in Bani Walid, south of the capital of Tripoli — a reminder that Libya’s political divide runs deeper than a decade-long split between rival eastern and western governments. Mending the chasms is becoming increasing important, both for its beleaguered 7 million people and the goal of attracting Western investment. Chevron and Exxon Mobil are showing interest in returning as the country offers oil-exploration blocks as part of plans to increase production 40% by 2030. Muammar Qaddafi’s heir apparent was charged for war crimes and held in captivity for years following the 2011 rebel uprising that violently ended his father’s four-decade rule. He reemerged in late 2021, seeking to run in presidential elections that were eventually canceled. With tensions simmering between Prime Minister Abdul Hamid Dbeibah’s internationally recognized government and a breakaway eastern administration backed by military leader Khalifa Haftar, Qaddafi loomed in the background — a spoiler capable of upsetting even the most careful plans. At one point, Russia backed him as a way to reassert power in Libya. He never abandoned his dreams of regaining political clout. It’s anyone’s guess what comes next. Qaddafi’s supporters — most of them from two key tribes — have lost a figurehead and there’s no clear successor. Analysts warn this month’s killing comes at a delicate time for Libya, with the economy under...
Hands of robot and human touching on big data network connection by PopTika via Shutterstock The renewed spotlight on space-based data centers has pushed lesser-known players into focus, and Voyager Technologies (VOYG) might benefit the most. Its CEO, Dylan Taylor, recently emphasized that while orbital data centers will become a reality, a two-year rollout would be “aggressive.” Cooling, not laun...
Hands of robot and human touching on big data network connection by PopTika via Shutterstock The renewed spotlight on space-based data centers has pushed lesser-known players into focus, and Voyager Technologies (VOYG) might benefit the most. Its CEO, Dylan Taylor, recently emphasized that while orbital data centers will become a reality, a two-year rollout would be “aggressive.” Cooling, not launch capability or computing power, is the most critical bottleneck shaping development timelines and investment expectations. Interest surged after Tesla (TSLA) CEO Elon Musk cited space-based data centers as a motivation behind the proposed $1.25 trillion SpaceX–xAI merger. While Taylor acknowledged that SpaceX’s heavy-lift rockets can efficiently transport hardware to orbit, he stressed that launch capability alone cannot solve the cooling problem. Against this backdrop, Voyager’s positioning stands out. The company is advancing Starlab, a next-generation space station intended to replace the International Space Station, developed alongside Palantir Technologies (PLTR), Airbus, and Mitsubishi (MHVIY). Voyager is on track for a 2029 launch and already has its own cloud compute device on the ISS, supported by laser communication technologies that could underpin future space-based computing. Given this backdrop, VOYG stock rose 11.2% on Feb. 6 and another nearly 10% in today's trading session, prompting investors to assess whether the stock offers further upside. About Voyager Stock Voyager Technologies, headquartered in Denver, Colorado, builds advanced defense and space systems for government and commercial customers. With a market cap brushing $1.4 billion , its portfolio spans missile defense hardware, intelligence software, artificial intelligence (AI) -enabled navigation, propulsion, orbital infrastructure, mission operations, and a commercial space station supporting sustained in-orbit activity. VOYG stock is up 11% year-to-date (YTD) and has gained 24% over the past t...
JOHNS CREEK, Ga., Feb. 10, 2026 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, today reported fourth quarter 2025 financial results. Diluted earnings per share for the quarter were $1.77 compared to $2.84 in the fourth quarter of 2024. Full year diluted earnings per...
JOHNS CREEK, Ga., Feb. 10, 2026 (GLOBE NEWSWIRE) -- Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, today reported fourth quarter 2025 financial results. Diluted earnings per share for the quarter were $1.77 compared to $2.84 in the fourth quarter of 2024. Full year diluted earnings per share were $9.52 in 2025 compared to $13.51 in 2024. Excluding a net gain on real estate recorded in the third quarter of 2025, adjusted diluted earnings per share1 in 2025 were $9.11. Highlights from the fourth quarter and full year operating results were as follows: Fourth Quarter 2025 Compared to Fourth Quarter 2024 Results Revenue was $790.0 million, a 0.1% increase Operating income was $64.0 million, a 36.9% decrease Operating ratio of 91.9% compared to 87.1% LTL shipments per workday decreased 0.5% LTL tonnage per workday decreased 1.5% LTL revenue per hundredweight, excluding fuel surcharge revenue, increased 0.5% LTL revenue per shipment, excluding fuel surcharge revenue, decreased 0.5% Full Year 2025 Compared to Full Year 2024 Results Revenue was $3.2 billion, a 0.8% increase Operating income was $352.2 million, a 27.0% decrease Excluding a net gain on real estate, adjusted operating income 1 was $337.7 million, a 30.0% decrease was $337.7 million, a 30.0% decrease Operating ratio of 89.1% and adjusted operating ratio 1 of 89.6% compared to 85.0% of 89.6% compared to 85.0% LTL shipments per workday decreased 0.3% LTL tonnage per workday increased 2.5% LTL revenue per hundredweight, excluding fuel surcharge revenue, decreased 1.5% LTL revenue per shipment, excluding fuel surcharge revenue, increased 1.2% Saia President and CEO, Fritz Holzgrefe, commented on the quarter stating, “Results from our core business operations were in line with our expectations for the quarter. However, the quarter was impacted by unexpected adverse developments late in the quarter relate...
Reports preliminary fourth quarter revenue in line with guidance, gross margin at high end of guidance, and strong year over year adjusted EBITDA performance Expects year over year revenue growth and mid-to high-single-digit EBITDA growth in 2026 Outlines strategy focused on positioning the company as a leader in the growing translational science tools market while expanding consumables revenue an...
Reports preliminary fourth quarter revenue in line with guidance, gross margin at high end of guidance, and strong year over year adjusted EBITDA performance Expects year over year revenue growth and mid-to high-single-digit EBITDA growth in 2026 Outlines strategy focused on positioning the company as a leader in the growing translational science tools market while expanding consumables revenue and improving operational performance HOLLISTON, Mass., Feb. 10, 2026 (GLOBE NEWSWIRE) -- Harvard Bioscience, Inc. (Nasdaq: HBIO) (the “Company” or “Harvard Bioscience”), a global leader in life science research tools, today announced preliminary financial results for the fourth quarter ended December 31, 2025. In conjunction with these results, the Company outlined a cohesive long-term strategy designed to leverage its market-leading portfolio to drive sustainable growth and increase shareholder value. Preliminary Fourth Quarter 2025 Financial Highlights Based on preliminary unaudited information, the Company expects to report: Revenue of $23.7 million, above the midpoint of the $22.5 million to $24.5 million guidance range. of $23.7 million, above the midpoint of the $22.5 million to $24.5 million guidance range. Gross Margin of 60%, at the high end of the 58% to 60% guidance range, driven by an improved mix to higher margin product lines, as well as the benefit of prior cost reductions. of 60%, at the high end of the 58% to 60% guidance range, driven by an improved mix to higher margin product lines, as well as the benefit of prior cost reductions. Adjusted EBITDA of $3.8 million, which reflects 27% growth year over year, driven by cost reduction, improved expense management and solid execution. A Strategy for Growth: Bridging the Gap to Human Health As the life sciences industry accelerates toward New Approach Methodologies (NAMs), Harvard Bioscience is evolving from a traditional tools provider into a leading enabler of Translational Science – uniquely positioned to brid...
Company Logo Brazil's digital ad market offers key opportunities in emerging channels like retail media, short-form video, and programmatic audio. AI in ad creation and media optimization is expanding, while gaming and immersive formats are gaining traction. Local platforms are rising, with regulatory pressures enhancing data transparency. Brazilian Digital Ad Spend Market Brazilian Digital Ad Spe...
Company Logo Brazil's digital ad market offers key opportunities in emerging channels like retail media, short-form video, and programmatic audio. AI in ad creation and media optimization is expanding, while gaming and immersive formats are gaining traction. Local platforms are rising, with regulatory pressures enhancing data transparency. Brazilian Digital Ad Spend Market Brazilian Digital Ad Spend Market · GlobeNewswire Inc. Dublin, Feb. 10, 2026 (GLOBE NEWSWIRE) -- The "Brazil Digital Ad Spend Market Size & Forecast by Spend Value Across 100+ KPIs by Type of Advertising Channel, Format & Media, Platforms, Pricing Models, Industry, Digital Ecosystem, and Media Buying Method - Databook Q1 2026 Update" report has been added to ResearchAndMarkets.com's offering. The digital ad spend market in Brazil is expected to grow by 11.6% annually, reaching US$19.28 billion by 2026. The digital ad spend market in the country has experienced robust growth during 2020-2025, achieving a CAGR of 10.0%. This upward trajectory is expected to continue, with the market forecast to grow at a CAGR of 13.5% from 2026 to 2029. By the end of 2029, the digital ad spend market is projected to expand from its 2025 value of US$17.28 billion to approximately US$28.21 billion. Brazil's digital ad ecosystem is undergoing notable shifts, with growth concentrated in newer channels such as retail media, short-form video, and programmatic audio. AI-powered automation is also gaining ground across creative and media workflows. As the landscape matures, advertisers will likely move toward more outcome-based planning, balancing experimentation in new formats with investments in scalable, measurable platforms. Brazil's digital advertising market is becoming more fragmented and competitive, with new players entering through commerce, telecom, and specialized AdTech verticals. While global platforms maintain scale advantages, local ecosystems are emerging as strong contenders through data-led performance mo...
PM Images/DigitalVision via Getty Images Introduction What’s riskier, cash or stocks? As the risk pyramid below shows, the answer is that stocks are riskier. After all, if I have $100 in stocks and $100 in cash, my $100 in cash will still be $100 in cash after a few days. My stock investment may be worth $90, or even less if it’s a really bad week. Investopedia However, I believe the opposite is t...
PM Images/DigitalVision via Getty Images Introduction What’s riskier, cash or stocks? As the risk pyramid below shows, the answer is that stocks are riskier. After all, if I have $100 in stocks and $100 in cash, my $100 in cash will still be $100 in cash after a few days. My stock investment may be worth $90, or even less if it’s a really bad week. Investopedia However, I believe the opposite is true, depending on one’s timeline. While I, in general, agree with the pyramid above (options are way riskier than bonds), to me, the biggest risk is not investing at all. The simplest example is the purchasing power of the US dollar (the same goes for every other fiat currency, albeit with different inflation rates). A $100 bill on January 1, 2000, now has a purchasing power of $52. Federal Reserve Bank of St. Louis Needless to say, wages have increased as well. My point is that inflation is a silent killer. We don’t see the impact on our wealth on a daily basis, but over time, the impact is massive. That’s one reason why I discuss inflation so much. The other reason is even more important, which is my “higher for longer” thesis. Since 2021, when inflation became a serious issue, my thesis has been that inflation won’t return to the 2009-2021 average, when inflation was often too low instead of too high for the Fed (it struggled to keep inflation above 2.0%). Federal Reserve Bank of St. Louis Although inflation has come down from its post-pandemic highs (the rate of inflation, not prices, in general), we are still seeing median inflation rates of roughly 3.0%, despite subdued oil prices, a housing market that’s stuck, poor consumer sentiment, and other factors. Now, I think we’re looking at the second wave of inflation. As I believe the consensus is still that inflation isn’t a problem anymore, I believe it’s a very important thesis for consumers, in general, and for asset allocation. In this article, I will discuss the latest developments and explain why this topic is now ...
Dilok Klaisataporn/iStock via Getty Images Introduction Business Development Companies ( BIZD ) are popular amongst investors, particularly income-focused ones. Created in 1980 by Congress, they are basically the brothers to REITs ( XLRE ), who came 20 years before. By law, both are required to pay out 90% of their taxable income in the form of dividends. While they share that similarity, they als...
Dilok Klaisataporn/iStock via Getty Images Introduction Business Development Companies ( BIZD ) are popular amongst investors, particularly income-focused ones. Created in 1980 by Congress, they are basically the brothers to REITs ( XLRE ), who came 20 years before. By law, both are required to pay out 90% of their taxable income in the form of dividends. While they share that similarity, they also are both highly sensitive to interest rates. While REITs stand to benefit from lower interest rates, this has the opposite effect on BDCs. Since the Fed started lowering interest rates in 2024, many BDCs have struggled. And going forward, I think many will continue to see negative impacts due to lower interest rates. In this article, I discuss how investors should approach the sector and what BDCs I think provide attractive buying opportunities right now. 2026 Starting Off Great For Dividend Stocks We are two months into 2026 and many dividend stocks have performed well so far. The rotation from growth to value seems to have started. In my opinion, the main reason is Jerome Powell's term is coming to an end this May. In the past, Powell and President Trump have gone back and forth in the media due to the Fed chair's unwillingness to budge on his stance regarding interest rates. While the President has stated that inflation is dead and we should have lower rates, Powell has stood firm on being data dependent. On January 30th, President Trump named Kevin Warsh as the next Fed chair . Since quality dividend stocks like Clorox ( CLX ), Pepsi ( PEP ), and even the Schwab U.S. Dividend Equity ETF ( SCHD ) rallied. Seeking Alpha In comparison, growth stocks like NVIDIA ( NVDA ), Microsoft ( MSFT ), and Bitcoin ( BTC-USD ) are all in the red. I believe this has to do with the new Fed chair. Reason being is it's likely that he will be loyal to the President's demand. If so, this means we could see a few rate cuts this year. In my opinion, I think it's highly likely. As a result, i...
Rmcarvalho/iStock via Getty Images After yesterday’s sharp losses, the US dollar ( DXY ) is mostly consolidating with a firmer bias against the G10 currencies. The yen is the exception. The unexpected post-election gains have been extended through the local session and the European morning. The very long end of the Japanese yield curve also extended its counter-intuitive rally, with the 30- and 40...
Rmcarvalho/iStock via Getty Images After yesterday’s sharp losses, the US dollar ( DXY ) is mostly consolidating with a firmer bias against the G10 currencies. The yen is the exception. The unexpected post-election gains have been extended through the local session and the European morning. The very long end of the Japanese yield curve also extended its counter-intuitive rally, with the 30- and 40-year yields lower for the 5-6th consecutive session. While the dollar appeared to react strongly to China’s warnings about US Treasury exposure, the bond market appears to have largely ignored it. The US 10-year yield has eased below 4.20%, the previous cap, which has closed below only once since mid-January. The busy week for US data begins today with the import/export prices, the Q4 Employment Cost Index and December retail sales. Strong auto sales and heavy holiday discounting likely underpinned consumption. The Atlanta Fed’s GDP tracker estimates that the US economy grew by more than 4% in Q4, for the second consecutive quarter. Meanwhile, the Fed funds futures have a cut fully discounted at the first meeting Warsh will chair if the confirmation hearings are timely and not disrupted by the ongoing investigation of Powell for misleading Congress over cost overruns of the HQ renovations. Prices G10 • The euro settled at $1.1815 before the weekend and did not trade below $1.1810 yesterday. With yesterday’s surge, the euro recouped half of what it lost since the January 27 multi-year high near $1.2080. It poked above $1.1925 in North America yesterday but has held below it so far today, while holding above $1.1895. There are options for 1.2 bln euros at $1.1910 that expire today. The next retracement objective is around $1.1960. • The dollar posted a large outside-down day against the Japanese yen. It traded on both sides of the pre-weekend range and settled below last Friday’s low. The last time the greenback had an outside-down day against the yen was January 23, followi...
Compared to its barnstorming US opening 10 days ago, when it charted at No 3 in the box office charts and made $7.2m (£5.76m), Melania’s UK start – No 29, £32,974 overall across 155 cinemas for a site average of £212.80 – was modest. But the documentary has still dropped significantly in its second week of UK release, with tracking organisation Comscore confirming it has taken £4,091 from 62 locat...
Compared to its barnstorming US opening 10 days ago, when it charted at No 3 in the box office charts and made $7.2m (£5.76m), Melania’s UK start – No 29, £32,974 overall across 155 cinemas for a site average of £212.80 – was modest. But the documentary has still dropped significantly in its second week of UK release, with tracking organisation Comscore confirming it has taken £4,091 from 62 locations, meaning a site average of £65.98 – or around six tickets per venue. The film’s UK total now stands at £61,850, an 88% decline since last week. In the US, the equivalent figure – 67% – is also significant though not quite so precipitous. Reviews in the UK have been particularly scathing, with the Guardian’s Xan Brooks describing it as “a gilded trash remake of The Zone of Interest” and “two hours of pure, endless hell”. But the film has been met with near universal critical disdain. Over the weekend, a spokesperson for Rotten Tomatoes defended the unusually wide gap between these reviews and those posted by audience members on their site, saying “there has been NO manipulation on the audience reviews for the Melania documentary”. They added: “Reviews displayed on the Popcornmeter are VERIFIED reviews, meaning that it has been verified that users have bought a ticket to the film through Fandango.” A streaming date for the Amazon film – for which the company paid $40m (£29m), plus an additional $35m (£25m) on marketing – is anticipated to be announced soon.