SAP shares see their biggest intraday drop since Covid. Germany's biggest company failed to convince that it would be able to clear its growing cloud backdrop. But, chip stocks rise again after the latest US tech earnings point to more capital expenditure spending and signal rising demand for semiconductors. Gold surged to a record above $5,500 an ounce, extending a breakneck rally fueled by a wea...
SAP shares see their biggest intraday drop since Covid. Germany's biggest company failed to convince that it would be able to clear its growing cloud backdrop. But, chip stocks rise again after the latest US tech earnings point to more capital expenditure spending and signal rising demand for semiconductors. Gold surged to a record above $5,500 an ounce, extending a breakneck rally fueled by a weaker dollar and investor flight from sovereign bonds and currencies to a ninth day. The Fed's latest decision comes in line with expectations, and doesn't make a strong dent on markets. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)
krblokhin Altria Group ( MO ) dipped in early trading on Thursday after falling slightly short of profit estimates with its fourth-quarter earnings report. Net revenue decreased 2.1% during the quarter to $5.8 billion, primarily driven by lower net revenues in the smokeable products segment. In the smokeable products segment, revenue decreased 2.7%, primarily driven by lower shipment volume and hi...
krblokhin Altria Group ( MO ) dipped in early trading on Thursday after falling slightly short of profit estimates with its fourth-quarter earnings report. Net revenue decreased 2.1% during the quarter to $5.8 billion, primarily driven by lower net revenues in the smokeable products segment. In the smokeable products segment, revenue decreased 2.7%, primarily driven by lower shipment volume and higher promotional investments, partially offset by higher pricing. Revenues net of excise taxes decreased 1.1%. The smokeable products segment reported domestic cigarette shipment volume decreased 7.9%, primarily driven by the industry’s decline rate (impacted by the continued growth of illicit e-vapor products and discretionary income pressures on ANCs) and trade inventory movements. Oral tobacco product revenue increased 2.0%, primarily driven by higher pricing, partially offset by lower shipment volume and a higher percentage of on! Shipment volume relative to MST versus the prior year (mix change). Revenues net of excise taxes increased 2.9%. Adjusted diluted EPS was level with last year's mark at $1.30, driven by a lower adjusted tax rate and fewer shares outstanding, offset by lower adjusted OCI. The EPS tally missed the consensus estimate of $1.32 "2025 was a year of continued momentum for Altria, marked by strong financial performance, strategic progress across our smoke-free portfolio, new relationships supporting our long-term growth goals, and significant cash returns to shareholders," stated CEO Billy Gifford. Looking ahead, Altria Group ( MO ) sees 2026 adjusted EPS of $5.56 to $5.72 (midpoint $5.64) vs. the consensus estimate of $5.59. The EPS forecast represents a growth rate of 2.5% to 5.5% from a base of $5.42 in 2025. Altira ( MO ) also issued its 2028 enterprise goals. The company aims to d eliver a mid-single-digit adjusted diluted EPS compounded annual growth rate in 2028 from a $4.871 base in 2022. Through 2025, Altria ( MO ) delivered a reported dilute...
Meridian Funds, managed by ArrowMark Partners, released its “Meridian Contrarian Fund” fourth-quarter 2025 investor letter. A copy of the same can be downloaded here. U.S. equity markets experienced a quarter supported by optimism around potential monetary easing and caution related to economic growth and valuations. Early gains were driven by strong AI-related earnings and the US Federal Reserve’...
Meridian Funds, managed by ArrowMark Partners, released its “Meridian Contrarian Fund” fourth-quarter 2025 investor letter. A copy of the same can be downloaded here. U.S. equity markets experienced a quarter supported by optimism around potential monetary easing and caution related to economic growth and valuations. Early gains were driven by strong AI-related earnings and the US Federal Reserve’s rate cut in October, which improved expectations for financial conditions. However, market sentiment cooled later in the quarter. Despite this moderation, the quarter contributed positively to robust annual results. Value stocks outperformed growth, returning 3.3% versus 1.2% for the quarter. Against this backdrop, the Fund delivered a return of 2.18% (net) in the quarter, underperforming the Russell 2500 Index’s 2.22% return and the secondary benchmark, the Russell 2500 Value Index’ 3.15% return. As the market heads into 2026, the firm is closely watching factors that may affect market returns, including monetary policy changes with a new Fed Chair and the sustainability of AI investments due to high valuations among hyperscalers. In the unpredictable backdrop, the firm concentrates on its systematic and consistent investment approach, which aims to pinpoint opportunities in companies that can achieve strong performance regardless of macroeconomic factors. In addition, please check the Fund’s top five holdings to know its best picks in 2025. In its fourth-quarter 2025 investor letter, Meridian Contrarian Fund highlighted Advanced Micro Devices, Inc. (NASDAQ:AMD) as one of its leading contributors. Advanced Micro Devices, Inc. (NASDAQ:AMD) is a leading semiconductor company that designs central processing units. Advanced Micro Devices, Inc. (NASDAQ:AMD) shares traded between $76.48 and $267.08 over the past 52 weeks. On January 28, 2026, Advanced Micro Devices, Inc. (NASDAQ:AMD) stock closed at $252.74 per share. One-month return of Advanced Micro Devices, Inc. (NASDAQ:AM...
Meridian Funds, managed by ArrowMark Partners, released its “Meridian Contrarian Fund” fourth-quarter 2025 investor letter. A copy of the same can be downloaded here. U.S. equity markets experienced a quarter supported by optimism around potential monetary easing and caution related to economic growth and valuations. Early gains were driven by strong AI-related earnings and the US Federal Reserve’...
Meridian Funds, managed by ArrowMark Partners, released its “Meridian Contrarian Fund” fourth-quarter 2025 investor letter. A copy of the same can be downloaded here. U.S. equity markets experienced a quarter supported by optimism around potential monetary easing and caution related to economic growth and valuations. Early gains were driven by strong AI-related earnings and the US Federal Reserve’s rate cut in October, which improved expectations for financial conditions. However, market sentiment cooled later in the quarter. Despite this moderation, the quarter contributed positively to robust annual results. Value stocks outperformed growth, returning 3.3% versus 1.2% for the quarter. Against this backdrop, the Fund delivered a return of 2.18% (net) in the quarter, underperforming the Russell 2500 Index’s 2.22% return and the secondary benchmark, the Russell 2500 Value Index’ 3.15% return. As the market heads into 2026, the firm is closely watching factors that may affect market returns, including monetary policy changes with a new Fed Chair and the sustainability of AI investments due to high valuations among hyperscalers. In the unpredictable backdrop, the firm concentrates on its systematic and consistent investment approach, which aims to pinpoint opportunities in companies that can achieve strong performance regardless of macroeconomic factors. In addition, please check the Fund’s top five holdings to know its best picks in 2025. In its fourth-quarter 2025 investor letter, Meridian Contrarian Fund highlighted Advanced Micro Devices, Inc. (NASDAQ:AMD) as one of its leading contributors. Advanced Micro Devices, Inc. (NASDAQ:AMD) is a leading semiconductor company that designs central processing units. Advanced Micro Devices, Inc. (NASDAQ:AMD) shares traded between $76.48 and $267.08 over the past 52 weeks. On January 28, 2026, Advanced Micro Devices, Inc. (NASDAQ:AMD) stock closed at $252.74 per share. One-month return of Advanced Micro Devices, Inc. (NASDAQ:AM...
Traynor Capital Management Inc. raised its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 191.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,428 shares of the semiconductor company's stock after buying an additional 3,567 shares during the period. Traynor Capital Management Inc.'s holdings in Tai...
Traynor Capital Management Inc. raised its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 191.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,428 shares of the semiconductor company's stock after buying an additional 3,567 shares during the period. Traynor Capital Management Inc.'s holdings in Taiwan Semiconductor Manufacturing were worth $1,516,000 as of its most recent filing with the SEC. A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Westfuller Advisors LLC boosted its position in Taiwan Semiconductor Manufacturing by 2.2% in the third quarter. Westfuller Advisors LLC now owns 1,551 shares of the semiconductor company's stock worth $434,000 after purchasing an additional 34 shares during the last quarter. BankPlus Wealth Management LLC raised its stake in shares of Taiwan Semiconductor Manufacturing by 1.6% during the 3rd quarter. BankPlus Wealth Management LLC now owns 2,291 shares of the semiconductor company's stock worth $640,000 after purchasing an additional 35 shares during the period. Bank of Jackson Hole Trust grew its position in Taiwan Semiconductor Manufacturing by 7.5% during the third quarter. Bank of Jackson Hole Trust now owns 500 shares of the semiconductor company's stock valued at $140,000 after buying an additional 35 shares during the period. Catalyst Private Wealth LLC grew its position in Taiwan Semiconductor Manufacturing by 2.8% during the third quarter. Catalyst Private Wealth LLC now owns 1,407 shares of the semiconductor company's stock valued at $393,000 after buying an additional 38 shares during the period. Finally, Venture Visionary Partners LLC boosted its stake in Taiwan Semiconductor Manufacturing by 1.1% in the third quarter. Venture Visionary Partners LLC now owns 3,540 shares of the semiconductor company's stock valued at $989,000 after acquiring an...
Mirae Asset Global Investments Co. Ltd. lifted its holdings in Astera Labs, Inc. (NASDAQ:ALAB - Free Report) by 16,543.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 196,560 shares of the company's stock after acquiring an additional 195,379 shares during the period. Mirae Asset Global Investments Co. Ltd. o...
Mirae Asset Global Investments Co. Ltd. lifted its holdings in Astera Labs, Inc. (NASDAQ:ALAB - Free Report) by 16,543.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 196,560 shares of the company's stock after acquiring an additional 195,379 shares during the period. Mirae Asset Global Investments Co. Ltd. owned 0.12% of Astera Labs worth $38,486,000 at the end of the most recent reporting period. Get Astera Labs alerts: Sign Up Other institutional investors have also added to or reduced their stakes in the company. Whittier Trust Co. bought a new stake in Astera Labs in the third quarter worth $55,000. Grove Bank & Trust bought a new position in Astera Labs in the 3rd quarter valued at $68,000. Bernard Wealth Management Corp. purchased a new position in shares of Astera Labs in the 2nd quarter valued at $36,000. Cullen Frost Bankers Inc. boosted its position in Astera Labs by 1,560.0% during the third quarter. Cullen Frost Bankers Inc. now owns 415 shares of the company's stock valued at $81,000 after purchasing an additional 390 shares in the last quarter. Finally, Clearstead Trust LLC grew its stake in Astera Labs by 46,100.0% in the second quarter. Clearstead Trust LLC now owns 462 shares of the company's stock valued at $42,000 after purchasing an additional 461 shares during the last quarter. Hedge funds and other institutional investors own 60.47% of the company's stock. Astera Labs Stock Down 1.8% Astera Labs stock opened at $167.90 on Thursday. The company's 50 day moving average is $163.38 and its two-hundred day moving average is $170.80. The firm has a market cap of $28.36 billion, a PE ratio of 151.26, a price-to-earnings-growth ratio of 2.33 and a beta of 1.50. Astera Labs, Inc. has a 52-week low of $47.13 and a 52-week high of $262.90. Astera Labs (NASDAQ:ALAB - Get Free Report) last released its quarterly earnings results on Tuesday, November 4th. The company r...
Posts from this author will be added to your daily email digest and your homepage feed. Nothing CEO Carl Pei confirmed the Phone 4 won’t launch in 2026 in a new video on the brand’s YouTube channel. “There’s no new flagship this year,” Pei said when asked about phone plans for 2026, instead emphasizing that last year’s Phone 3 remains the Nothing flagship. “We’re not just going to churn out a new ...
Posts from this author will be added to your daily email digest and your homepage feed. Nothing CEO Carl Pei confirmed the Phone 4 won’t launch in 2026 in a new video on the brand’s YouTube channel. “There’s no new flagship this year,” Pei said when asked about phone plans for 2026, instead emphasizing that last year’s Phone 3 remains the Nothing flagship. “We’re not just going to churn out a new flagship every year for the sake of it, we want every upgrade to feel significant,” Pei said. “Just because the rest of the industry does things a certain way it doesn’t mean we will do the same.” Nothing is releasing phones though, with the midrange Phone 4A series on the way. “4A will be a complete evolution over its predecessor across the board, from display, to camera, to overall performance,” Pei said, adding it will be closer to a flagship experience than the 3A series. He was light on the details, beyond the promise of premium materials and “bold new experimentation in terms of color.”
Micron Technology stock was rising early Thursday. Its peer Samsung Electronics is confident the memory-chip boom will continue for the foreseeable future. More importantly for Micron, its executives expect demand to outstrip supply across the memory-chip sector, driven by the need to power artificial intelligence.
Micron Technology stock was rising early Thursday. Its peer Samsung Electronics is confident the memory-chip boom will continue for the foreseeable future. More importantly for Micron, its executives expect demand to outstrip supply across the memory-chip sector, driven by the need to power artificial intelligence.
Rogers ( RCI ) ( RCI.A:CA ) declared CAD 0.50/share quarterly dividend , in line with previous. Payable April 2; for shareholders of record March 10; ex-div March 10. See RCI Dividend Scorecard, Yield Chart, & Dividend Growth. More on Rogers Communications Inc. Rogers Communications: Undervalued With Golden Opportunity In MLSE Seeking Alpha’s Quant Rating on Rogers Communications Inc. Historical e...
Rogers ( RCI ) ( RCI.A:CA ) declared CAD 0.50/share quarterly dividend , in line with previous. Payable April 2; for shareholders of record March 10; ex-div March 10. See RCI Dividend Scorecard, Yield Chart, & Dividend Growth. More on Rogers Communications Inc. Rogers Communications: Undervalued With Golden Opportunity In MLSE Seeking Alpha’s Quant Rating on Rogers Communications Inc. Historical earnings data for Rogers Communications Inc.
"While the council was informed of the decision in advance, councillors have asked to see more details of the issues as this is a matter of such local importance," a council spokesperson said.
"While the council was informed of the decision in advance, councillors have asked to see more details of the issues as this is a matter of such local importance," a council spokesperson said.
First Foundation press release ( FFWM ): Q4 Non-GAAP EPS of -$0.04 misses by $0.07 . Revenue of $48.4M (-25.2% Y/Y) misses by $9.95M . Net interest income of $39.4 million for the quarter, compared to $46.1 million in the prior quarter, and $51.3 million in the year-ago quarter. Net interest margin (“NIM”) decreased to 1.36% for the quarter, down from 1.60% in the prior quarter. The allowance for ...
First Foundation press release ( FFWM ): Q4 Non-GAAP EPS of -$0.04 misses by $0.07 . Revenue of $48.4M (-25.2% Y/Y) misses by $9.95M . Net interest income of $39.4 million for the quarter, compared to $46.1 million in the prior quarter, and $51.3 million in the year-ago quarter. Net interest margin (“NIM”) decreased to 1.36% for the quarter, down from 1.60% in the prior quarter. The allowance for credit losses (“ACL”) on loans held for investment totaled $93.9 million as of December 31, 2025, compared to $101.9 million at prior quarter-end. Nonperforming assets (“NPAs”) to total assets were 0.37%, compared to 0.33% in the prior quarter. Cash and cash equivalents totaled $1.6 billion, representing 13.6% of total assets at December 31, 2025, compared to $1.7 billion or 14.5% of total assets at September 30, 2025. Tangible book value per common share as converted (non-GAAP measure) was $8.10 as of December 31, 2025, compared to $8.16 as of September 30, 2025. Deposits totaled $9.3 billion as of December 31, 2025, and September 30, 2025. Average assets under management (“AUM”) balances at FFA were $5.1 billion for the quarter, relatively unchanged from the prior quarter. Trust assets under advisement (“AUA”) at FFB were $1.2 billion, relatively unchanged from the prior quarter. More on First Foundation First Foundation: Limited Progress And Deterioration Justify A Downgrade Seeking Alpha’s Quant Rating on First Foundation Historical earnings data for First Foundation Financial information for First Foundation
Key Points New York City-based Eos Management sold 18,047 shares of FirstService in the fourth quarter. The estimated transaction value was $3.44 million. The trade represented 1.35% of Eos Management’s 13F reportable assets under management. These 10 stocks could mint the next wave of millionaires › On January 28, 2026, Eos Management reported selling out of FirstService (NASDAQ:FSV), unloading 1...
Key Points New York City-based Eos Management sold 18,047 shares of FirstService in the fourth quarter. The estimated transaction value was $3.44 million. The trade represented 1.35% of Eos Management’s 13F reportable assets under management. These 10 stocks could mint the next wave of millionaires › On January 28, 2026, Eos Management reported selling out of FirstService (NASDAQ:FSV), unloading 18,047 shares in an estimated $3.44 million trade based on quarterly average pricing. What happened According to an SEC filing dated January 28, Eos Management sold its entire holding of 18,047 shares in FirstService for an estimated $3.44 million. The fund reported holding no shares in the company at quarter end. What else to know The FirstService position previously accounted for 1.36% of reported assets. Top holdings after the filing: NYSEMKT:SPY: $75.51 million (29.8% of AUM) NYSE:BRK-B: $16.71 million (6.6% of AUM) NASDAQ:GOOGL: $13.52 million (5.3% of AUM) NASDAQ:MSFT: $11.33 million (4.5% of AUM) NASDAQ:META: $10.71 million (4.2% of AUM) As of January 27, shares of FirstService were priced at $157.49, down 14.7% over the past year and underperforming the S&P 500 by 30.8 percentage points. Company overview Metric Value Price (as of January 27) $157.49 Market capitalization $7.21 billion Revenue (TTM) $5.48 billion Net income (TTM) $138.55 million Company snapshot FirstService provides residential property management, restoration, painting, home storage solutions, fire protection, and related essential property services across North America. The company operates through two main segments—FirstService Residential and FirstService Brands—generating revenue from management contracts, franchise fees, and direct service delivery. It serves residential communities, homeowner associations, commercial property owners, and franchisees in the United States and Canada. FirstService is a leading provider of property management and essential property services, with a diversified por...
This article first appeared on GuruFocus. Anthropic is clearly feeling bolder about how fast it can scale. The AI startup quietly lifted its internal 2026 revenue forecast by about 20% to as much as $18 billion, according to a report from The Information. That update came late last year and reflects how quickly demand for Anthropic's models has picked up, especially from business customers. In its...
This article first appeared on GuruFocus. Anthropic is clearly feeling bolder about how fast it can scale. The AI startup quietly lifted its internal 2026 revenue forecast by about 20% to as much as $18 billion, according to a report from The Information. That update came late last year and reflects how quickly demand for Anthropic's models has picked up, especially from business customers. In its most optimistic scenarios, the company now sees revenue hitting $55 billion in 2027 and as much as $148 billion by 2029, slightly ahead of what OpenAI has projected for the same period. Anthropic, which is backed by Amazon (NASDAQ:AMZN) and Google (NASDAQ:GOOG), didn't comment on the report. The growth story is mostly enterprise-driven. Anthropic has found real traction selling access to its models through APIs, particularly for coding-heavy workloads. Its coding agent, Claude Code, crossed $1 billion in annualized revenue by November 2025, helping push the company's overall revenue run rate above $9 billion by year-end. But the spending is just as eye-catching. Anthropic now expects to turn cash-flow positive in 2028, a year later than previously planned, as costs keep climbing. In 2026 alone, it expects to spend about $12 billion training models and another $7 billion running them. The company is also raising more than $10 billion at a $350 billion valuation, with backing from GIC and Coatue.