(RTTNews) - Tower Semiconductor Ltd. (TSEM), Wednesday announced a strategic move to restructure its Japan operations, which are currently run through TPSCo, a Japanese company owned 51 percent by Tower and 49 percent by Nuvoton Technology Corporation Japan.
(RTTNews) - Tower Semiconductor Ltd. (TSEM), Wednesday announced a strategic move to restructure its Japan operations, which are currently run through TPSCo, a Japanese company owned 51 percent by Tower and 49 percent by Nuvoton Technology Corporation Japan.
EzumeImages/iStock via Getty Images In the months that followed my most recent analysis , Portillo’s, Inc. ( PTLO ) showed some price recovery with 13% returns, which justifies my buy rating before. But today, we may be seeing more headwinds as the macroeconomic environment becomes more volatile amid stubborn inflation and rising oil prices. The market landscape is also becoming increasingly compe...
EzumeImages/iStock via Getty Images In the months that followed my most recent analysis , Portillo’s, Inc. ( PTLO ) showed some price recovery with 13% returns, which justifies my buy rating before. But today, we may be seeing more headwinds as the macroeconomic environment becomes more volatile amid stubborn inflation and rising oil prices. The market landscape is also becoming increasingly competitive as pricing strategies and promotion from big peers like McDonald’s ( MCD ) may threaten its sales. The consolation is that its fundamentals still appear strategically positioned to ensure sustainability. Meanwhile, valuation appears to have already priced in new market risks, but technicals are still flat amid consolidation. Q4 2025: Sales Resilient, But Margin Compressed The restaurant industry grapples with real recovery as stubborn inflation and tariff woes continue to affect their pricing flexibility and even squeeze their margins. The impact used to be visible only among fast-food restaurants. But today, even many fast-casual restaurants may not be completely shielded as consumer spending softens. Portillo’s, Inc. may not be an exemption, although it continues to demonstrate its resilience in its most recent performance. In Q4 2025, its operating revenue amounted to $185.7M , up by 0.6% YoY from $184.6M. This was mainly due to its continued expansion through new restaurant openings. In fact, it already had 102 restaurants from 94 YoY. This shows its attempt to increase its domestic market presence and strengthen its brand popularity. However, this could not cover the consequences of unfavorable macroeconomic conditions. Its same-restaurant sales decreased 3.3%. This becomes more evident if we divide the revenue by the number of restaurants. On average, PTLO generated an average revenue of $1.82M ($185.7M / 102 restaurants) per restaurant, which is notably lower than $1.96M ($184.6M /94 restaurants) in the previous year. Restaurant Statistics (PTLO Q4 2025 Releas...
Jian Fan Sarepta Therapeutics ( SRPT ) added ~25% in the morning hours on Wednesday after the company posted initial data from Phase 1/2 trials for its experimental drugs targeted at two rare forms of muscular dystrophies. The company said that the results support the potential of SRP-1001 and SRP-1003, which are based on its small interfering RNA (siRNA) treatment platform. The treatments are des...
Jian Fan Sarepta Therapeutics ( SRPT ) added ~25% in the morning hours on Wednesday after the company posted initial data from Phase 1/2 trials for its experimental drugs targeted at two rare forms of muscular dystrophies. The company said that the results support the potential of SRP-1001 and SRP-1003, which are based on its small interfering RNA (siRNA) treatment platform. The treatments are designed to treat facioscapulohumeral muscular dystrophy type 1 (FSHD1) and myotonic dystrophy type 1 (DM1), respectively. According to Sarepta ( SRPT ), the results indicate that its αvβ6 integrin-targeted siRNA approach can lead to high muscle exposure of targeted treatments without dose-limiting toxicities. While RNA-targeted therapies have shown promise against FSHD and DM1, their efficacy has been limited due to rapid degradation inside the body before delivery to intended cells. “We are pleased that these early clinical results showed high levels of siRNA delivery to muscle, with no saturation of muscle siRNA uptake or dose-limiting safety signals to date,” said Louise Rodino-Klapac, Serepta’s ( SRPT ) President of R&D and technical operations. More on Sarepta Therapeutics Sarepta Therapeutics: A $2B Business Priced Like It's Broken Sarepta Therapeutics, Inc. (SRPT) Presents at TD Cowen 46th Annual Health Care Conference Transcript Sarepta Therapeutics, Inc. 2025 Q4 - Results - Earnings Call Presentation Sarepta to soon submit sNDAs for traditional approval for Duchenne treatments Sarepta Therapeutics begins search for CEO as Douglas Ingram announces retirement; shares down
The global PC market has clawed its way back from a brutal slump in 2022 and 2023, when shipments cratered amid post-pandemic oversupply, with 2024 delivering modest growth as businesses and consumers began refreshing aging fleets. By 2025, the rebound appeared to be accelerating sharply — shipments rose 9.3% year-over-year, fueled by commercial upgrades to ... RAMageddon Arrives: AI’s Endless App...
The global PC market has clawed its way back from a brutal slump in 2022 and 2023, when shipments cratered amid post-pandemic oversupply, with 2024 delivering modest growth as businesses and consumers began refreshing aging fleets. By 2025, the rebound appeared to be accelerating sharply — shipments rose 9.3% year-over-year, fueled by commercial upgrades to ... RAMageddon Arrives: AI’s Endless Appetite Just Killed the PC Comeback
Bria.ai, the Visual Generative AI Platform for developers and production studios, is proud to have been named to Fast Company's prestigious list of the World's Most Innovative Companies of 2026. This year's list shines a spotlight on businesses that are shaping industry and culture through their innovations. Alongside the World's 50 Most Innovative Companies, Fast Company recognizes 720 honorees a...
Bria.ai, the Visual Generative AI Platform for developers and production studios, is proud to have been named to Fast Company's prestigious list of the World's Most Innovative Companies of 2026. This year's list shines a spotlight on businesses that are shaping industry and culture through their innovations. Alongside the World's 50 Most Innovative Companies, Fast Company recognizes 720 honorees across 59 sectors and regions.
The boss of SIX Group AG , the operator of the Swiss and Spanish stock exchanges, is still optimistic that this year could be better for initial public offerings than the last — even as the war in Iran causes companies to rethink plans. “We do not see any IPOs withdrawing from the market, but of course when you see uncertainties, sometimes you see delays,” Chief Executive Officer Bjørn Sibbern sai...
The boss of SIX Group AG , the operator of the Swiss and Spanish stock exchanges, is still optimistic that this year could be better for initial public offerings than the last — even as the war in Iran causes companies to rethink plans. “We do not see any IPOs withdrawing from the market, but of course when you see uncertainties, sometimes you see delays,” Chief Executive Officer Bjørn Sibbern said in an interview. The SIX chief’s comments come after a sudden shift in market sentiment has thrown a range of European benchmarks near-corrections, threatening to derail what had been shaping up as a stronger year for European IPOs. Some companies including software firm Visma and Loveholidays have reconsidered or pushed back their plans to go public in Europe — although stocks exposed to the defense industry like Vincorion SE and Gabler Group AG have held IPOs in recent weeks. “We are a little bit more optimistic versus last year,” Sibbern said. “In Switzerland, we have a strong and healthy pipeline, but market circumstances will show how it pans out during the next couple of months.” Four companies listed on exchanges in Switzerland and Spain in 2025, raising a total of $2.63 billion — below the 10-year average volume, according to data compiled by Bloomberg. On average, weighted for company size, the companies are trading 37% lower than their IPO price. Neither exchange has held an IPO so far in 2026. Among the firms reportedly looking to list in Zurich as soon as this year are in-flight caterer Gategroup Holding AG and Syngenta Group , which may consider a dual listing if it goes ahead with a Hong Kong IPO. The privately-held stock exchange operator on Tuesday reported a loss of 314 million Swiss francs ($398 million) for 2025, due to a 561 million franc impairment related to its stake in French payments provider Worldline SA.
AndreyKrav/iStock Editorial via Getty Images Small- and mid-cap stocks are expected to outperform mega-cap stocks this year, driven by a leadership shift and profit recovery, according to Jill Carey Hall, head of U.S. Small and Mid Cap Strategy at BofA Securities. Hall anticipates that even within the S&P 500 ( SP500 ), the average stock and equal-weighted index should deliver better returns than ...
AndreyKrav/iStock Editorial via Getty Images Small- and mid-cap stocks are expected to outperform mega-cap stocks this year, driven by a leadership shift and profit recovery, according to Jill Carey Hall, head of U.S. Small and Mid Cap Strategy at BofA Securities. Hall anticipates that even within the S&P 500 ( SP500 ), the average stock and equal-weighted index should deliver better returns than the cap-weighted index, with value stocks positioned to outperform larger growth names. In an interview with CNBC, Hall explained that the small-cap market is still in the early stages of a potential bull run despite more than a decade of underperformance relative to large caps. “While we’ve seen outperformance since this year and even a little bit last year, the longer trend has been that we’ve essentially been in more than a ten-year underperformance cycle for small caps,” Hall noted, adding that valuations suggest small caps could outperform on a longer-term basis. Hall pointed to several secular tailwinds that could benefit domestic small- and mid-cap companies, including peak globalization, reshoring of manufacturing, and a CapEx cycle in the United States. However, she cautioned that investors need to be selective. “Given that the Russell 2000 index is lower quality than it’s been historically, one needs to be more selective within small caps than just buying the index,” she said. Regarding geopolitical risks and elevated oil prices, Hall acknowledged that prolonged disruptions could impact inflation expectations and Federal Reserve policy. “The small-cap index has been very sensitive to the Fed. There’s a lot more leverage refinancing risk,” she explained. “If Fed hikes were to get priced in, that’s a much bigger risk for that size segment.” Despite these concerns, Hall noted that small caps have historically held up better than large caps during stagflationary environments. Small caps also have more exposure to sectors that benefit from higher oil prices rather than...
narvo vexar/iStock via Getty Images Introduction Yesterday, I wrote that the S&P 500 ( SPY ) is likely setting up for a meaningful bounce (roughly 5%) in the short term after U.S. President Donald Trump posted on Truth Social on Monday, 03/23, where he said that he has ordered a pause on all military strikes against Iranian power plants and energy infrastructure for a five-day period after two day...
narvo vexar/iStock via Getty Images Introduction Yesterday, I wrote that the S&P 500 ( SPY ) is likely setting up for a meaningful bounce (roughly 5%) in the short term after U.S. President Donald Trump posted on Truth Social on Monday, 03/23, where he said that he has ordered a pause on all military strikes against Iranian power plants and energy infrastructure for a five-day period after two days of “very good” conversations with Iran. Since then, the U.S. has reportedly sent Iran a 15-point plan to end the war in the Middle East, while Iran has also informed the IMO (International Maritime Organization) that vessels deemed “non-hostile” may be allowed to pass through the Strait of Hormuz after the disruption left an estimated 3200 vessels stranded in the Gulf. Despite the S&P 500 declining 0.37% yesterday, it did not create a lower low, which I believe is constructive. In the meantime, a move over yesterday’s (03/23) high of 6651 will likely trigger the bounce towards the 6900 level that I discussed in my previous post. Furthermore, what is interesting to note is that the NTM (next twelve months) tech premium relative to the S&P 500 is now completely wiped, based on research from Fundstrat , as can be seen below, which means the sector is the cheapest it has been in a decade. Source: Fundstrat, Tech premiums over the S&P 500 at the lowest in a decade To further add meat to the above research, Morgan Stanley’s Mike Wilson also published research that points out that the valuation drawdown today is of similar magnitude to what we experienced in the 2015 manufacturing downturn and the 2023 recession scare, despite earnings growth estimates continuing to accelerate, thus lowering the probability of a recession. Source: Morgan Stanley, Drawdown in valuation, yet eps growth expected to accelerate In this post, I will discuss three stocks that I have been building a position in over the last couple of months and believe will see strong rallies in the S&P 500 bounce towa...
J Studios/DigitalVision via Getty Images Commentary as of 12/31/25 The fund posted returns of 2.15% (Institutional shares) and 1.97% (Investor A shares, without sales charge) for the fourth quarter of 2025. Some strong corporate results, including from off-benchmark positions, helped drive positive performance. Oil prices declined during the quarter, with European benchmark Brent Crude falling by ...
J Studios/DigitalVision via Getty Images Commentary as of 12/31/25 The fund posted returns of 2.15% (Institutional shares) and 1.97% (Investor A shares, without sales charge) for the fourth quarter of 2025. Some strong corporate results, including from off-benchmark positions, helped drive positive performance. Oil prices declined during the quarter, with European benchmark Brent Crude falling by 10.5% to $61 per barrel, while U.S. marker West Texas Intermediate dropped by 9.4% to $57 per barrel. The fund held modestly overweight positions in Europe and Canada, and an underweight exposure to the United States. It had overweight holdings in the integrated, distribution, and uranium industries, and underweight exposures to exploration & production (E&P), refining & marketing, and oil services companies. Contributors An off-benchmark position in oil services company TechnipFMC ( FTI ) contributed positively, mainly due to a general recovery in energy stocks, though the company also delivered strong results. An overweight allocation to integrated company TotalEnergies ( TTE ) was additive given resilient earnings and cash flow, despite softer oil prices and shareholder-friendly capital returns. An off-benchmark holding in E&P company Permian Resources ( PR ) contributed due to strong third-quarter results, upgraded guidance, continued share buybacks, and a dividend increase. Detractors An overweight position in midstream company Cheniere Energy ( LNG ) detracted given concerns that increased liquified natural gas supply would lead to lower prices, though most of the company's sales are at contracted prices. An off-benchmark holding in E&P company Kosmos Energy ( KOS ) was detrimental due to weaker oil prices and operational production challenges, which led to lower production guidance. An off-benchmark position in refining company HF Sinclair ( DINO ) was also a hindrance. The company's refining margins weakened as crack spreads narrowed into year-end due to heightened ...
MicroStockHub Wall Street’s major market averages shifted higher on Wednesday as the U.S. reportedly sent Iran a 15-point plan to end the war in the Middle East. The blue-chip Dow ( DJI ) was last higher by +0.9%. At the same time, the benchmark S&P 500 ( SP500 ) added +0.9%, and the tech-focused Nasdaq Composite ( COMP:IND ) pushed higher by +1.2%. From a sector-by-sector stance, ten of the 11 S&...
MicroStockHub Wall Street’s major market averages shifted higher on Wednesday as the U.S. reportedly sent Iran a 15-point plan to end the war in the Middle East. The blue-chip Dow ( DJI ) was last higher by +0.9%. At the same time, the benchmark S&P 500 ( SP500 ) added +0.9%, and the tech-focused Nasdaq Composite ( COMP:IND ) pushed higher by +1.2%. From a sector-by-sector stance, ten of the 11 S&P segments were up in the green, with consumer discretionary leading the way. At the other end, energy has been the weakest performer so far. U.S. Treasury yields edged lower. The shorter end U.S. 2-Year Treasury yield ( US2Y ) was down 2 basis points to 3.87%, and the popular U.S. 10-Year Treasury yield ( US10Y ) was lower by 4 basis points to 4.32%. The peace plan is said to address Iran’s ballistic missile and nuclear programs, as well as maritime routes through the Strait of Hormuz. Oil prices were also down on the news. However, Iranian state media said the country did not accept a ceasefire offer from the U.S. on Wednesday. “The stock market is in a holding pattern as it waits for the next shoe to drop in the Iran conflict, and it's clear that investors are not yet willing to bet on which direction this conflict may go in next. That's why we expect stocks to remain sideways as the market reads the tea leaves and prices in what's next,” Paul Stanley, chief investment officer of Granite Bay Wealth Management, said. As for stocks that were on the move, Arm Holdings ( ARM ) climbed +14.3%, and shares of Sandisk Corporation ( SNDK ) fell -6.8%. More on markets Exxon Mobil tops Nvidia in valuation amid the ongoing Middle East conflict AI boom and an economic bust: Citrini Scenario gains momentum in prediction markets AI now dominates equities, bonds, and venture capital flows, Apollo warns Cantor Fitzgerald sees the current market pullback as a possible opportunity BNP Paribas raises 2026 inflation outlook as it signals a new 3% era