Labour MPs have warned that Keir Starmer’s days as prime minister are numbered after a day of fury over the appointment of Peter Mandelson as US ambassador despite his friendship with Jeffery Epstein. The government was on the brink of a defeat in the Commons until a mid-debate amendment brokered by Meg Hillier and Angela Rayner to force the release of documents about Mandelson’s appointment and t...
Labour MPs have warned that Keir Starmer’s days as prime minister are numbered after a day of fury over the appointment of Peter Mandelson as US ambassador despite his friendship with Jeffery Epstein. The government was on the brink of a defeat in the Commons until a mid-debate amendment brokered by Meg Hillier and Angela Rayner to force the release of documents about Mandelson’s appointment and the depth of his relationship with the convicted child sex offender. MPs said the eventual release of the documents – which may be delayed by a police investigation into Mandelson – could trigger a leadership challenge. “We need all the poison to come out,” one MP said. One former minister said: “We’ve had a lot of bad days recently, but this is the worst yet, I think,” while another MP warned: “Trust is finite. I’m personally not sure I could trust myself to back the prime minister in a confidence vote.” “The most terminal mood is among the super-loyal,” an MP from the 2024 intake noted. MPs said that Starmer’s admission at prime minister’s questions that he had known about Mandelson’s friendship with Epstein before his appointment was a clarifying moment. “You could feel the atmosphere change; it was dark,” one MP who had previously been close to Starmer said. No 10 said afterwards that the prime minister was only aware of what was already in the public domain. “It’s just indefensible,” said one backbencher. “They knew all about Peter’s relationship with Epstein but gave him the job anyway. “It’s like Chris Pincher on steroids,” they added, referring to the scandal that eventually brought down Boris Johnson. “The moment Keir admitted it then that was it – it’s over.” Another former minister said: “We were meant to be the ones who didn’t do this stuff. It’s time for a fresh start, the sooner the better.” Several MPs said the prime minister’s chief of staff, Morgan McSweeney – who had been close to Mandelson, should take responsibility for the failures and resign. “The gover...
Key Points The government proposed a very modest increase in payments to private insurers of Medicare Advantage in 2027. Medicare and retirement was UnitedHealth's largest business segment in 2025. A recent drop presents a more attractive entry point for UnitedHealth's stock. 10 stocks we like better than UnitedHealth Group › It has been an unfortunate past few years for one of the country's large...
Key Points The government proposed a very modest increase in payments to private insurers of Medicare Advantage in 2027. Medicare and retirement was UnitedHealth's largest business segment in 2025. A recent drop presents a more attractive entry point for UnitedHealth's stock. 10 stocks we like better than UnitedHealth Group › It has been an unfortunate past few years for one of the country's largest healthcare companies, UnitedHealth Group (NYSE: UNH). There has been no shortage of bad PR, a changing business landscape, and stock price struggles. In the past 12 months, UnitedHealth's stock is down over 46% (as of market close on Jan. 30). Unfortunately, when it rains, it pours, and there could be more bad news heading UnitedHealth's way regarding Medicare. The Centers for Medicare & Medicaid Services (CMS) proposed increasing payments to private insurers by only 0.09% in 2027. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » If you're wondering how the market reacted to the news, look no further than the roughly 20% single-day drop its stock experienced on Jan. 27. But stock performance aside, here's how that could have a real effect on UnitedHealth's business. The relationship between UnitedHealth and Medicare Medicare is a government program that provides health insurance for people age 65 and older, and it has four parts: Parts A through D. CMS' proposal affects Part C (Medicare Advantage), which is private insurance run by companies like UnitedHealth. Medicare pays these companies a set monthly fee per enrolled member. And as the largest Medicare Advantage provider in the country -- with more than 8.4 million customers at the end of 2025 -- you can imagine a nice chunk of it goes to UnitedHealth. Around 38% of UnitedHealth's 2025 revenue came from its Medicare and retirement segment ($171.3 billion). It was a 23% increase from 2024, outpacing ...
The rise of artificial intelligence (AI) has fueled explosive gains for both NVIDIA Corporation NVDA and Palantir Technologies Inc. PLTR, making them some of the most sought-after stocks on Wall Street. Over the past year, Palantir’s shares have even outperformed NVIDIA’s (+54.6% vs +44%). But does this make Palantir the better investment now, or is there more beneath the surface? Let’s take a clo...
The rise of artificial intelligence (AI) has fueled explosive gains for both NVIDIA Corporation NVDA and Palantir Technologies Inc. PLTR, making them some of the most sought-after stocks on Wall Street. Over the past year, Palantir’s shares have even outperformed NVIDIA’s (+54.6% vs +44%). But does this make Palantir the better investment now, or is there more beneath the surface? Let’s take a closer look. The Bullish Case for NVDA Stock U.S.-China trade tensions appear to have eased somewhat. China has allowed leading tech companies, including Alibaba Group Holding Limited BABA and ByteDance, to purchase NVIDIA’s H200 AI chips. The U.S. government has cleared the shipment of these chips to China, which could bolster NVIDIA’s sales. Soaring data center spending, projected by NVIDIA to reach between $3 trillion and $4 trillion annually by 2030, provides the Jensen Huang-led company with ample opportunities to sell its computing hardware and drive revenue growth. Additionally, strong demand for its cloud graphics processing units (GPUs) and cutting-edge Blackwell chips is likely to boost sales. NVIDIA now expects fiscal fourth-quarter 2026 revenues to hit almost $65 billion, with a plus or minus 2%, according to investor.nvidia.com. The company’s third-quarter fiscal 2026 revenues jumped 62% year over year and 22% sequentially to $57 billion. The Bullish Case for PLTR Stock Palantir delivered strong quarterly results, largely fueled by rising demand for its Artificial Intelligence Platform (AIP), which has seen growing adoption among both U.S. commercial clients and government, as it helps customers effortlessly deploy AI and large language models across highly complex data systems. For the fourth quarter of 2025, Palantir’s revenues from the U.S. commercial client segment soared 137% year over year and 28% sequentially to $507 million, according to investors.palantir.com. The government revenues of $570 million were up 66% year over year and 17% quarter over quarter....
The rise of artificial intelligence (AI) has fueled explosive gains for both NVIDIA Corporation NVDA and Palantir Technologies Inc. PLTR, making them some of the most sought-after stocks on Wall Street. Over the past year, Palantir’s shares have even outperformed NVIDIA’s (+54.6% vs +44%). But does this make Palantir the better investment now, or is there more beneath the surface? Let’s take a clo...
The rise of artificial intelligence (AI) has fueled explosive gains for both NVIDIA Corporation NVDA and Palantir Technologies Inc. PLTR, making them some of the most sought-after stocks on Wall Street. Over the past year, Palantir’s shares have even outperformed NVIDIA’s (+54.6% vs +44%). But does this make Palantir the better investment now, or is there more beneath the surface? Let’s take a closer look. The Bullish Case for NVDA Stock U.S.-China trade tensions appear to have eased somewhat. China has allowed leading tech companies, including Alibaba Group Holding Limited BABA and ByteDance, to purchase NVIDIA’s H200 AI chips. The U.S. government has cleared the shipment of these chips to China, which could bolster NVIDIA’s sales. Soaring data center spending, projected by NVIDIA to reach between $3 trillion and $4 trillion annually by 2030, provides the Jensen Huang-led company with ample opportunities to sell its computing hardware and drive revenue growth. Additionally, strong demand for its cloud graphics processing units (GPUs) and cutting-edge Blackwell chips is likely to boost sales. NVIDIA now expects fiscal fourth-quarter 2026 revenues to hit almost $65 billion, with a plus or minus 2%, according to investor.nvidia.com. The company’s third-quarter fiscal 2026 revenues jumped 62% year over year and 22% sequentially to $57 billion. The Bullish Case for PLTR Stock Palantir delivered strong quarterly results, largely fueled by rising demand for its Artificial Intelligence Platform (AIP), which has seen growing adoption among both U.S. commercial clients and government, as it helps customers effortlessly deploy AI and large language models across highly complex data systems. For the fourth quarter of 2025, Palantir’s revenues from the U.S. commercial client segment soared 137% year over year and 28% sequentially to $507 million, according to investors.palantir.com. The government revenues of $570 million were up 66% year over year and 17% quarter over quarter....
The rise of artificial intelligence (AI) has fueled explosive gains for both NVIDIA Corporation NVDA and Palantir Technologies Inc. PLTR, making them some of the most sought-after stocks on Wall Street. Over the past year, Palantir’s shares have even outperformed NVIDIA’s (+54.6% vs +44%). But does this make Palantir the better investment now, or is there more beneath the surface? Let’s take a clo...
The rise of artificial intelligence (AI) has fueled explosive gains for both NVIDIA Corporation NVDA and Palantir Technologies Inc. PLTR, making them some of the most sought-after stocks on Wall Street. Over the past year, Palantir’s shares have even outperformed NVIDIA’s (+54.6% vs +44%). But does this make Palantir the better investment now, or is there more beneath the surface? Let’s take a closer look. The Bullish Case for NVDA Stock U.S.-China trade tensions appear to have eased somewhat. China has allowed leading tech companies, including Alibaba Group Holding Limited BABA and ByteDance, to purchase NVIDIA’s H200 AI chips. The U.S. government has cleared the shipment of these chips to China, which could bolster NVIDIA’s sales. Soaring data center spending, projected by NVIDIA to reach between $3 trillion and $4 trillion annually by 2030, provides the Jensen Huang-led company with ample opportunities to sell its computing hardware and drive revenue growth. Additionally, strong demand for its cloud graphics processing units (GPUs) and cutting-edge Blackwell chips is likely to boost sales. NVIDIA now expects fiscal fourth-quarter 2026 revenues to hit almost $65 billion, with a plus or minus 2%, according to investor.nvidia.com. The company’s third-quarter fiscal 2026 revenues jumped 62% year over year and 22% sequentially to $57 billion. The Bullish Case for PLTR Stock Palantir delivered strong quarterly results, largely fueled by rising demand for its Artificial Intelligence Platform (AIP), which has seen growing adoption among both U.S. commercial clients and government, as it helps customers effortlessly deploy AI and large language models across highly complex data systems. For the fourth quarter of 2025, Palantir’s revenues from the U.S. commercial client segment soared 137% year over year and 28% sequentially to $507 million, according to investors.palantir.com. The government revenues of $570 million were up 66% year over year and 17% quarter over quarter....
The rise of artificial intelligence (AI) has fueled explosive gains for both NVIDIA Corporation NVDA and Palantir Technologies Inc. PLTR, making them some of the most sought-after stocks on Wall Street. Over the past year, Palantir’s shares have even outperformed NVIDIA’s (+54.6% vs +44%). But does this make Palantir the better investment now, or is there more beneath the surface? Let’s take a clo...
The rise of artificial intelligence (AI) has fueled explosive gains for both NVIDIA Corporation NVDA and Palantir Technologies Inc. PLTR, making them some of the most sought-after stocks on Wall Street. Over the past year, Palantir’s shares have even outperformed NVIDIA’s (+54.6% vs +44%). But does this make Palantir the better investment now, or is there more beneath the surface? Let’s take a closer look. The Bullish Case for NVDA Stock U.S.-China trade tensions appear to have eased somewhat. China has allowed leading tech companies, including Alibaba Group Holding Limited BABA and ByteDance, to purchase NVIDIA’s H200 AI chips. The U.S. government has cleared the shipment of these chips to China, which could bolster NVIDIA’s sales. Soaring data center spending, projected by NVIDIA to reach between $3 trillion and $4 trillion annually by 2030, provides the Jensen Huang-led company with ample opportunities to sell its computing hardware and drive revenue growth. Additionally, strong demand for its cloud graphics processing units (GPUs) and cutting-edge Blackwell chips is likely to boost sales. NVIDIA now expects fiscal fourth-quarter 2026 revenues to hit almost $65 billion, with a plus or minus 2%, according to investor.nvidia.com. The company’s third-quarter fiscal 2026 revenues jumped 62% year over year and 22% sequentially to $57 billion. The Bullish Case for PLTR Stock Palantir delivered strong quarterly results, largely fueled by rising demand for its Artificial Intelligence Platform (AIP), which has seen growing adoption among both U.S. commercial clients and government, as it helps customers effortlessly deploy AI and large language models across highly complex data systems. For the fourth quarter of 2025, Palantir’s revenues from the U.S. commercial client segment soared 137% year over year and 28% sequentially to $507 million, according to investors.palantir.com. The government revenues of $570 million were up 66% year over year and 17% quarter over quarter....
The rise of artificial intelligence (AI) has fueled explosive gains for both NVIDIA Corporation NVDA and Palantir Technologies Inc. PLTR, making them some of the most sought-after stocks on Wall Street. Over the past year, Palantir’s shares have even outperformed NVIDIA’s (+54.6% vs +44%). But does this make Palantir the better investment now, or is there more beneath the surface? Let’s take a clo...
The rise of artificial intelligence (AI) has fueled explosive gains for both NVIDIA Corporation NVDA and Palantir Technologies Inc. PLTR, making them some of the most sought-after stocks on Wall Street. Over the past year, Palantir’s shares have even outperformed NVIDIA’s (+54.6% vs +44%). But does this make Palantir the better investment now, or is there more beneath the surface? Let’s take a closer look. The Bullish Case for NVDA Stock U.S.-China trade tensions appear to have eased somewhat. China has allowed leading tech companies, including Alibaba Group Holding Limited BABA and ByteDance, to purchase NVIDIA’s H200 AI chips. The U.S. government has cleared the shipment of these chips to China, which could bolster NVIDIA’s sales. Soaring data center spending, projected by NVIDIA to reach between $3 trillion and $4 trillion annually by 2030, provides the Jensen Huang-led company with ample opportunities to sell its computing hardware and drive revenue growth. Additionally, strong demand for its cloud graphics processing units (GPUs) and cutting-edge Blackwell chips is likely to boost sales. NVIDIA now expects fiscal fourth-quarter 2026 revenues to hit almost $65 billion, with a plus or minus 2%, according to investor.nvidia.com. The company’s third-quarter fiscal 2026 revenues jumped 62% year over year and 22% sequentially to $57 billion. The Bullish Case for PLTR Stock Palantir delivered strong quarterly results, largely fueled by rising demand for its Artificial Intelligence Platform (AIP), which has seen growing adoption among both U.S. commercial clients and government, as it helps customers effortlessly deploy AI and large language models across highly complex data systems. For the fourth quarter of 2025, Palantir’s revenues from the U.S. commercial client segment soared 137% year over year and 28% sequentially to $507 million, according to investors.palantir.com. The government revenues of $570 million were up 66% year over year and 17% quarter over quarter....
Michelett said he had not noticed the resemblance to the prime minister when he first saw the restoration work, but agreed that it did not "conform to the original iconography and sacred context" of the church.
Michelett said he had not noticed the resemblance to the prime minister when he first saw the restoration work, but agreed that it did not "conform to the original iconography and sacred context" of the church.
Fixed-income investors ditched longer-duration bonds and took on some credit risk in January, according to the latest data on exchange-traded funds from State Street Investment Management. They also stopped putting fresh money into inflation-linked bonds for the first time a year. Some $4 billion was deposited into short-term government ETFs and another $5 billion went into intermediate-term funds...
Fixed-income investors ditched longer-duration bonds and took on some credit risk in January, according to the latest data on exchange-traded funds from State Street Investment Management. They also stopped putting fresh money into inflation-linked bonds for the first time a year. Some $4 billion was deposited into short-term government ETFs and another $5 billion went into intermediate-term funds, while $3 billion flowed out of long-term government bond ETFs, State Street said in a note Saturday. "There's still good values, more risk/return trade off in the middle part of the curve," Matthew Bartolini, global head of research strategists, said in an interview with CNBC. The outflows in long-term Treasurys is part of a broader trend that has emerged over the past year, he noted. "Rising deficits and issuance is impacting long term bond yields and pushing them higher, making them less attractive," he explained. "The volatility associated with long-term bonds is also elevated, and you're not being fairly compensated given how the curve itself — while steepening — is still somewhat trading in a more flattish band than historical averages would indicate." Investors also turned to credit-related sectors, which saw $11 billion of inflows into investment-grade corporate, convertible, bank loan and collateralized loan obligation exposures, he said. Convertible bonds are hybrid securities that offer interest payments and can be converted to a set number of shares. CLOs are securitized pools of floating-rate loans to businesses. Bank loans also have floating rates. "That reflects a little bit of risk taking within fixed income while they're trying to trim duration risk ," Bartolini explained. High-yield bonds saw minor outflows, but Bartolini noted it was just for one month and not yet a trend. The sector had just seen $3.4 billion of inflows over the prior three months, he said. High-yield bonds are most correlated to equities, while bank loans and CLOS are a bit less correl...
Investors had a sweeping change of heart following Tuesday's news-driven surge. Just one day after they soared on good news, USA Rare Earth (USAR 9.39%) shares are down again today on news from the very same source. That source is the White House. Speaking at a gathering of representatives from over 50 countries, United States Vice President J.D. Vance announced on Wednesday that President Trump i...
Investors had a sweeping change of heart following Tuesday's news-driven surge. Just one day after they soared on good news, USA Rare Earth (USAR 9.39%) shares are down again today on news from the very same source. That source is the White House. Speaking at a gathering of representatives from over 50 countries, United States Vice President J.D. Vance announced on Wednesday that President Trump intends to establish a trading bloc aimed at pushing back against China's control of several critical minerals markets, including rare earth minerals used in electric vehicles and computing technology. These plans include a self-imposed price floor on these materials. Although it superficially seems to favor Oklahoma-based rare earth miner USA Rare Earth, as of 2:58 p.m. ET Wednesday its stock is down 8.4%, unwinding most of the recent spurred by a separate announcement from the White House. It's complicated There are two separate and opposing developments in play here, to be clear. The first of these is the announcement from President Trump made Monday unveiling "Project Vault," which calls for a national stockpiling of $12 billion worth of critical industrial materials. This development works in favor of USA Rare Earth, of course, which mines and processes some of these important minerals, spurring the stock's surge earlier in the week. Expand NASDAQ : USAR USA Rare Earth Today's Change ( -9.39 %) $ -2.44 Current Price $ 23.53 Key Data Points Market Cap $3.8B Day's Range $ 22.07 - $ 26.20 52wk Range $ 5.56 - $ 43.98 Volume 31M Avg Vol 16M Wednesday's news also superficially seems to favor the company. As Vice President Vance explained, "We will establish reference prices for critical minerals ... and for members of the preferential zone, these reference prices will operate as a floor maintained through adjustable tariffs to uphold pricing integrity." Investors are far more concerned, however, that this sort of pricing control could backfire, ultimately opening the door to ...
Not only was Western Digital's ( WDC ) Innovation Day well-received by investors and Wall Street, but it has implications for competitor Seagate Technology ( STX ) as well, BNP Paribas said. “Clearly, the [hard-disk drive] ecosystem continues to innovate on driving aerial density higher, improving I/O, and lowering cost/TB with the overarching goal of cementing HDDs as the primary media of long-te...
Not only was Western Digital's ( WDC ) Innovation Day well-received by investors and Wall Street, but it has implications for competitor Seagate Technology ( STX ) as well, BNP Paribas said. “Clearly, the [hard-disk drive] ecosystem continues to innovate on driving aerial density higher, improving I/O, and lowering cost/TB with the overarching goal of cementing HDDs as the primary media of long-term data retention for hyperscalers," analysts at the firm wrote in a note to clients. "To wit, Western Digital's order visibility supports a new LT revenue growth target of 20%+ CAGR off CY25 levels and a path to $20+ EPS. This assumes CY26 pricing up mid-high single-digits Y/Y followed by stable pricing (versus previous expectations of down mid-high single-digits) and mid-20% nearline EB CAGR (previously 23%; in-line with STX). At this level, the company targets 50%+ GM, 40%+ OpM, 30%+ FCF margins, and 4-6% capital intensity. This is well above the previous GM/OpM expectations of 38%+/24%+.” As such, the investment firm raised its price target on Seagate to $530, as it believes it should trade around 30 times 2026 earnings per share. The investment firm also raised its price target on Western Digital to $375 as well. More on Seagate Technology and Western Digital Western Digital Corporation (WDC) Transformation to Data-Centric Strategy and AI-Driven Storage Innovations Western Digital Corporation (WDC) Discusses Transformation to Data-Centric Strategy and AI-Driven Storage Innovations Transcript Western Digital: AI Beneficiary Status Proven - Premium Valuations Overly Done AMD plunge leads most chip stocks lower while Silicon Labs rockets on acquisition news Western Digital's Innovation Day announcements reinforce Morgan Stanley's conviction
William_Potter/iStock via Getty Images Mercury Systems, Inc. ( MRCY ), a provider of chips for the defense industry, tumbled 25 as net losses persisted despite beating analyst estimates. The stock price has advanced 36.5% since my last report , in which I targeted a 14% upside. So, absent any major change in fundamentals, I do believe the stock price may have gotten ahead of itself, and that opens...
William_Potter/iStock via Getty Images Mercury Systems, Inc. ( MRCY ), a provider of chips for the defense industry, tumbled 25 as net losses persisted despite beating analyst estimates. The stock price has advanced 36.5% since my last report , in which I targeted a 14% upside. So, absent any major change in fundamentals, I do believe the stock price may have gotten ahead of itself, and that opens the door for profit taking. In this report, I discuss the company’s Q2 2026 earnings , update my price target for Mercury Systems, and pay special attention to why the stock price is pressured. In my view, that is not because of the persistent net losses. Mercury Systems Beats Estimates Once Again Mercury Systems (Q2 2026 Investor Presentation) Second quarter sales increased 4% to $232.9 million, beating analyst estimates by $21.5 million or 10.2%. During the quarter, the company was able to pull forward approximately $30 million in revenues from Q3 into Q2. So, the beat was driven by this pull forward. Gross margins decreased by 130 basis points to 26% as more low-margin work flowed through the system. Operating expenses declined 2%, leaving the company with a net loss of $15.1 million compared to a $17.6 million loss a year ago. Adjusted EPS grew 129% to $0.16, beating estimates by $0.10. Operating cash flow was down 40% to $51.6 million, while free cash flow declined 44% to $45.7 million. Adjusted EBITDA rose 36% to $51.6 million. During the quarter, the company had $4 million in unfavorable cost adjustments, which is actually in the normal range after years of going through elevated cost adjustments. The $30 million pull-forward drove $10 million in EBITDA and $30 million in cash. The company is also building out its highly automated manufacturing facility in Phoenix, driving capacity at a potentially higher margin while also accelerating supplier material. The company has brought R&D costs down by 28% to lower its fixed cost base. Bookings grew 19% to $287.5 million, ...
Jay Bhattacharya, director of the National Institutes of Health under the Trump administration, appeared before the Senate Committee on Health, Education, Labor, and Pensions (HELP) Tuesday. In the wide-ranging hearing, Bhattacharya defended the chaotic and disruptive cuts at the institutes he helms while carefully wording responses related to vaccines—seemingly to avoid contradicting his boss, an...
Jay Bhattacharya, director of the National Institutes of Health under the Trump administration, appeared before the Senate Committee on Health, Education, Labor, and Pensions (HELP) Tuesday. In the wide-ranging hearing, Bhattacharya defended the chaotic and disruptive cuts at the institutes he helms while carefully wording responses related to vaccines—seemingly to avoid contradicting his boss, anti-vaccine Health Secretary Robert F. Kennedy Jr. As Bhattacharya testified, Sen. Bernie Sanders (I-Vt.), the HELP committee's ranking member, released a report outlining the state of the NIH . The report concluded that the Trump administration is "failing American patients," and "destroying medical research through cuts to research grants, terminations of clinical trials, and the chaos it has created." Since Trump took office, the NIH has terminated or frozen hundreds of millions of dollars for research grants, including $561 million in grants to research the four leading causes of death in America, the report found. Read full article Comments
Earnings Call Insights: Performance Food Group Company (PFGC) Q2 2026 Management View Scott McPherson, CEO, began with a tribute to former CEO George Holm, who retired in December and now serves as Executive Chair of the Board. McPherson highlighted Holm’s legacy and stated that "as Executive Chair of our Board, he will be heavily involved in the pursuit of strategic M&A opportunities, maintain hi...
Earnings Call Insights: Performance Food Group Company (PFGC) Q2 2026 Management View Scott McPherson, CEO, began with a tribute to former CEO George Holm, who retired in December and now serves as Executive Chair of the Board. McPherson highlighted Holm’s legacy and stated that "as Executive Chair of our Board, he will be heavily involved in the pursuit of strategic M&A opportunities, maintain his connection to key customers and be active in PFG's overarching strategy." McPherson expressed confidence in leading PFG’s next chapter, saying "I'm extremely confident in our ability to continue to drive growth and EBITDA performance by executing on our strategic priorities." McPherson outlined a 3-year strategic vision focused on "continued revenue growth and market share gains, gross margin enhancement initiatives and improving operating leverage," reporting a "solid start in achieving our 3-year plan" despite a tough macro environment. Foodservice organic independent case growth reached 5.3%, with 5.8% independent account growth. McPherson cited "broad-based" market share gains and noted that, even with industry-wide foot traffic down 3.5% in December, PFG maintained volume growth, supported by a 6% year-over-year increase in salespeople. The Cheney Brothers integration was flagged as a near-term drag on EBITDA due to infrastructure investments and integration costs, but McPherson reiterated that "the majority of the synergies to start flowing through the income statement late in year 2 through year 3 after the close of the acquisition." In the Convenience segment, onboarding of 500+ Love’s stores and 600+ RaceTrac locations contributed to 6.1% net sales growth. Noncombustible nicotine sales grew by mid-teens, while cigarette sales were flat. McPherson said, "the mix shift away from cigarettes towards other nicotine categories and growth in food, Foodservice and related products causes a revenue headwind, but is nicely accretive to our gross margins." The Specialty seg...
Earnings Call Insights: BrightView Holdings, Inc. (BV) Q1 2026 Management View Dale Asplund, President, CEO & Director, stated BrightView "had a strong start to 2026, as we grew total revenue 3% and delivered improvements in EBITDA while accelerating investments in our sales force, adding 80 incremental sellers in the quarter." He highlighted sequential improvement in employee turnover and custome...
Earnings Call Insights: BrightView Holdings, Inc. (BV) Q1 2026 Management View Dale Asplund, President, CEO & Director, stated BrightView "had a strong start to 2026, as we grew total revenue 3% and delivered improvements in EBITDA while accelerating investments in our sales force, adding 80 incremental sellers in the quarter." He highlighted sequential improvement in employee turnover and customer retention, emphasizing an "intense focus on accelerating investments in our sales force, coupled with stronger customer retention, drove improvements in our underlying Land Contract book of business." Asplund also indicated, "we remain on track to deliver on our 2026 guidance, which represents a return to land growth in the third consecutive year of record adjusted EBITDA." Asplund underscored strategic progress, noting, "we have strengthened the foundation of the business, making significant strides in leveraging our size and scale, unlocking efficiencies and improving profitability over the past 2 years." He emphasized ongoing priorities to "cultivate a world-class sales organization to drive new sales to position BrightView as the investment of choice." Brett Urban, Executive VP & CFO, remarked, "2026 is off to a strong start with our financial results positioning us to deliver on our guidance, which implies Land revenue returning to growth and delivering a third consecutive year of record adjusted EBITDA." Urban highlighted that "total revenue for the first quarter was $615 million, which is a 3% increase, driven by heightened snowfall and continued improvement in underlying land metrics." He also said, "at the start of 2026, we increased our share repurchase authorization from $100 million to $150 million, as we believe our current valuation does not fully reflect our earnings potential." Outlook Management reiterated 2026 revenue, EBITDA, and free cash flow guidance, with Urban stating, "we are reiterating our 2026 revenue, EBITDA and free cash flow guidance. This r...
AppLovin continues to battle an array of sectorwide -- and company-specific -- headwinds. Yet its growth remains resilient so far. Shares of leading adtech behemoth AppLovin (APP 16.23%) were down 16% as of 3 p.m. ET on Wednesday, extending the stock's 42% decline so far in 2026. AppLovin has battled an array of headwinds to start the year, but today's drop seems to stem from increased competition...
AppLovin continues to battle an array of sectorwide -- and company-specific -- headwinds. Yet its growth remains resilient so far. Shares of leading adtech behemoth AppLovin (APP 16.23%) were down 16% as of 3 p.m. ET on Wednesday, extending the stock's 42% decline so far in 2026. AppLovin has battled an array of headwinds to start the year, but today's drop seems to stem from increased competition from AI-powered peers threatening to disrupt AppLovin's dominance in mobile gaming ad monetization. CloudX -- a start-up that looks to bring automation to the mobile gaming ad niche via LLM agents -- released its solutions to general availability on Wednesday, and the market worried about AppLovin's ability to stand a barrage of AI-powered competition. Expand NASDAQ : APP AppLovin Today's Change ( -16.23 %) $ -74.97 Current Price $ 386.82 Key Data Points Market Cap $156B Day's Range $ 382.51 - $ 410.25 52wk Range $ 200.50 - $ 745.61 Volume 583K Avg Vol 4.6M Gross Margin 82.06 % AppLovin's awful 2026 (so far) After its stock rose more than 5,000% in less than three years, AppLovin has seemingly faced pressure from all sides in 2026, stemming from events like: a short report from CapitalWatch, accusing AppLovin of playing a role in money laundering Google's launch of Project Genie, which could democratize game development and potentially upend AppLovin's ad business a sectorwide software sell-off, as the market weighs AI disruption potential CloudX, specifically, put a name to this broader AI threat for AppLovin today an ongoing SEC investigation into the company's data collection practices other short reports in addition to CapitalWatch That said, AppLovin sold its mobile gaming portfolio (not its mobile gaming ad business) in July of 2025, so the project Genie threat may prove to be a nothing-burger -- or even a tailwind with more games available to place ads on. Furthermore, while AppLovin faces these headwinds, it grew sales and net income by 72% and 128%, respectively, ...
(RTTNews) - Corpay Inc. (CPAY) will host a conference call at 5:30 PM ET on February 4, 2026, to discuss Q4 25 earnings results. To access the live webcast, log on to https://investor.corpay.com/ To listen to the call, dial (800)-343-4136 or (203)-518-9843, Conference ID is CORPAY. For a replay call, dial (844)-512-2921 or (412)-317-6671(International) conference ID is 11160871 The views and opini...
(RTTNews) - Corpay Inc. (CPAY) will host a conference call at 5:30 PM ET on February 4, 2026, to discuss Q4 25 earnings results. To access the live webcast, log on to https://investor.corpay.com/ To listen to the call, dial (800)-343-4136 or (203)-518-9843, Conference ID is CORPAY. For a replay call, dial (844)-512-2921 or (412)-317-6671(International) conference ID is 11160871 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.