For tesla’s fourth quarter, Wall Street is looking for earnings per share of 43 cents from sales of $24.6 billion. A year ago, Tesla reported EPS of 73 cents from sales of $25.7 billion.
For tesla’s fourth quarter, Wall Street is looking for earnings per share of 43 cents from sales of $24.6 billion. A year ago, Tesla reported EPS of 73 cents from sales of $25.7 billion.
Francis Lau runs his hedge fund from an office next to a gas station and a Costco, far from Bay Street, where most of Canada’s money managers cluster. It has emerged as one of the best-performing hedge funds in the country. Lucida Capital , operated solely by Lau, gained 65% from April through the end of last year. Few of his larger and more established rivals returned more than 40%. His strategy:...
Francis Lau runs his hedge fund from an office next to a gas station and a Costco, far from Bay Street, where most of Canada’s money managers cluster. It has emerged as one of the best-performing hedge funds in the country. Lucida Capital , operated solely by Lau, gained 65% from April through the end of last year. Few of his larger and more established rivals returned more than 40%. His strategy: Mid-cap stocks, zero leverage and a short commute. Lau, 43, established his hedge fund in April in his own neighborhood of Markham, a suburb with a predominantly Chinese population roughly 30 minutes away from Toronto’s financial center. Without the commute — or the need to go very far for gas or groceries — Lau said he gets to squeeze in one more call, or another meeting. Lau, who immigrated to Canada from Hong Kong at age 10, started Lucida Capital after spending two decades working for Bay Street firms, most recently Vantage Asset Management . Lau manages C$50 million ($36 million) to C$100 million, mostly for wealthy individuals, split among US and Canadian mid-cap stocks. His top stock picks were FTAI Aviation Ltd ., Enerflex Ltd. and IREN Ltd. , which rose 36.7%, 55.1% and 284.6%, respectively, according to data compiled by Bloomberg. He typically holds 15 to 20 stocks in his basket. “I like to keep my mind open and review opportunities on a case-by-case basis and not block out specific industries because of whatever reasons,” Lau said in an interview. “I’m not just a Canadian portfolio and I’m not just a US portfolio.” The companies have roots in unrelated fields — jet engines, natural gas and cryptocurrency mining — but have converged on last year’s hottest money-making train: They’ve all pivoted to supply power for data centers fueling artificial intelligence. Companies with market capitalizations of $2 billion and $10 billion come with the inefficiencies of smaller firms but the liquidity of bigger names, Lau said. Not that many funds specialize in mid-cap stocks...
Investment management company Vulcan Value Partners recently released its fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. All the strategies of Vulcan Value Partners delivered positive results in the year. The Large Cap Composite (Net) returned -1.5% in Q4 and 7.9% YTD, the Small Cap Composite (Net) gained 3.2% in Q4 and 9.5% YTD, The Focus Composite (Net) retuned...
Investment management company Vulcan Value Partners recently released its fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. All the strategies of Vulcan Value Partners delivered positive results in the year. The Large Cap Composite (Net) returned -1.5% in Q4 and 7.9% YTD, the Small Cap Composite (Net) gained 3.2% in Q4 and 9.5% YTD, The Focus Composite (Net) retuned 0.1% in Q4 and 7.1% YTD, Focus Plus Composite (Net) returned 0.1% in Q4 and 6.2% YTD and the All-Cap Composite (Net) returned 1.3% in Q4 and 10.7% YTD. Despite overvalued markets, the firm improved its price-to-value ratios while still achieving positive returns, prioritizing safety and long-term gains over short-term performance. This situation echoes the late 1990s dot-com bubble, where hype and high valuations led to a crash, and today’s AI disruptions seem to mirror that pattern, with investors risking overpaying for promising businesses. The firm is addressing such situations by sticking to its investment discipline. For more information on the firm’s best picks in 2025, please check its top five holdings. In addition, please check the firm’s top five holdings to know its best picks in 2025. In its fourth-quarter 2025 investor letter, Vulcan Value Partners highlighted stocks like Microsoft Corporation (NASDAQ:MSFT). Vulcan Value Partners exited its holdings in Microsoft Corporation (NASDAQ:MSFT) from its Focus Strategy during the quarter. Microsoft Corporation (NASDAQ:MSFT) is a multinational software company that develops and supports software, services, devices, and solutions. The one-month return of Microsoft Corporation (NASDAQ:MSFT) was -3.53%, and its shares gained 5.16% of their value over the last 52 weeks. On January 26, 2026, Microsoft Corporation (NASDAQ:MSFT) stock closed at $470.28 per share, with a market capitalization of $3.496 trillion. Vulcan Value Partners stated the following regarding Microsoft Corporation (NASDAQ:MSFT) in its fourth quarter 2025 ...
Investment management company Vulcan Value Partners recently released its fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. All the strategies of Vulcan Value Partners delivered positive results in the year. The Large Cap Composite (Net) returned -1.5% in Q4 and 7.9% YTD, the Small Cap Composite (Net) gained 3.2% in Q4 and 9.5% YTD, The Focus Composite (Net) retuned...
Investment management company Vulcan Value Partners recently released its fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. All the strategies of Vulcan Value Partners delivered positive results in the year. The Large Cap Composite (Net) returned -1.5% in Q4 and 7.9% YTD, the Small Cap Composite (Net) gained 3.2% in Q4 and 9.5% YTD, The Focus Composite (Net) retuned 0.1% in Q4 and 7.1% YTD, Focus Plus Composite (Net) returned 0.1% in Q4 and 6.2% YTD and the All-Cap Composite (Net) returned 1.3% in Q4 and 10.7% YTD. Despite overvalued markets, the firm improved its price-to-value ratios while still achieving positive returns, prioritizing safety and long-term gains over short-term performance. This situation echoes the late 1990s dot-com bubble, where hype and high valuations led to a crash, and today’s AI disruptions seem to mirror that pattern, with investors risking overpaying for promising businesses. The firm is addressing such situations by sticking to its investment discipline. For more information on the firm’s best picks in 2025, please check its top five holdings. In addition, please check the firm’s top five holdings to know its best picks in 2025. In its fourth-quarter 2025 investor letter, Vulcan Value Partners highlighted stocks like Microsoft Corporation (NASDAQ:MSFT). Vulcan Value Partners exited its holdings in Microsoft Corporation (NASDAQ:MSFT) from its Focus Strategy during the quarter. Microsoft Corporation (NASDAQ:MSFT) is a multinational software company that develops and supports software, services, devices, and solutions. The one-month return of Microsoft Corporation (NASDAQ:MSFT) was -3.53%, and its shares gained 5.16% of their value over the last 52 weeks. On January 26, 2026, Microsoft Corporation (NASDAQ:MSFT) stock closed at $470.28 per share, with a market capitalization of $3.496 trillion. Vulcan Value Partners stated the following regarding Microsoft Corporation (NASDAQ:MSFT) in its fourth quarter 2025 ...
Investment management company Vulcan Value Partners recently released its fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. All the strategies of Vulcan Value Partners delivered positive results in the year. The Large Cap Composite (Net) returned -1.5% in Q4 and 7.9% YTD, the Small Cap Composite (Net) gained 3.2% in Q4 and 9.5% YTD, The Focus Composite (Net) retuned...
Investment management company Vulcan Value Partners recently released its fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. All the strategies of Vulcan Value Partners delivered positive results in the year. The Large Cap Composite (Net) returned -1.5% in Q4 and 7.9% YTD, the Small Cap Composite (Net) gained 3.2% in Q4 and 9.5% YTD, The Focus Composite (Net) retuned 0.1% in Q4 and 7.1% YTD, Focus Plus Composite (Net) returned 0.1% in Q4 and 6.2% YTD and the All-Cap Composite (Net) returned 1.3% in Q4 and 10.7% YTD. Despite overvalued markets, the firm improved its price-to-value ratios while still achieving positive returns, prioritizing safety and long-term gains over short-term performance. This situation echoes the late 1990s dot-com bubble, where hype and high valuations led to a crash, and today’s AI disruptions seem to mirror that pattern, with investors risking overpaying for promising businesses. The firm is addressing such situations by sticking to its investment discipline. For more information on the firm’s best picks in 2025, please check its top five holdings. In addition, please check the firm’s top five holdings to know its best picks in 2025. In its fourth-quarter 2025 investor letter, Vulcan Value Partners highlighted stocks like Microsoft Corporation (NASDAQ:MSFT). Vulcan Value Partners exited its holdings in Microsoft Corporation (NASDAQ:MSFT) from its Focus Strategy during the quarter. Microsoft Corporation (NASDAQ:MSFT) is a multinational software company that develops and supports software, services, devices, and solutions. The one-month return of Microsoft Corporation (NASDAQ:MSFT) was -3.53%, and its shares gained 5.16% of their value over the last 52 weeks. On January 26, 2026, Microsoft Corporation (NASDAQ:MSFT) stock closed at $470.28 per share, with a market capitalization of $3.496 trillion. Vulcan Value Partners stated the following regarding Microsoft Corporation (NASDAQ:MSFT) in its fourth quarter 2025 ...
(RTTNews) - Northrop Grumman Corp. (NOC) reported earnings for its fourth quarter that Increases, from last year The company's bottom line came in at $1.427 billion, or $9.99 per share. This compares with $1.264 billion, or $8.66 per share, last year. Excluding items, Northrop Grumman Corp. reported adjusted earnings of $1.033 billion or $7.23 per share for the period. The company's revenue for th...
(RTTNews) - Northrop Grumman Corp. (NOC) reported earnings for its fourth quarter that Increases, from last year The company's bottom line came in at $1.427 billion, or $9.99 per share. This compares with $1.264 billion, or $8.66 per share, last year. Excluding items, Northrop Grumman Corp. reported adjusted earnings of $1.033 billion or $7.23 per share for the period. The company's revenue for the period rose 9.6% to $11.712 billion from $10.686 billion last year. Northrop Grumman Corp. earnings at a glance (GAAP) : -Earnings: $1.427 Bln. vs. $1.264 Bln. last year. -EPS: $9.99 vs. $8.66 last year. -Revenue: $11.712 Bln vs. $10.686 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.
(RTTNews) - RTX Corporation (RTX) announced a profit for its fourth quarter that Increases, from the same period last year The company's bottom line totaled $1.622 billion, or $1.19 per share. This compares with $1.482 billion, or $1.10 per share, last year. Excluding items, RTX Corporation reported adjusted earnings of $2.111 billion or $1.55 per share for the period. The company's revenue for th...
(RTTNews) - RTX Corporation (RTX) announced a profit for its fourth quarter that Increases, from the same period last year The company's bottom line totaled $1.622 billion, or $1.19 per share. This compares with $1.482 billion, or $1.10 per share, last year. Excluding items, RTX Corporation reported adjusted earnings of $2.111 billion or $1.55 per share for the period. The company's revenue for the period rose 12.1% to $24.238 billion from $21.623 billion last year. RTX Corporation earnings at a glance (GAAP) : -Earnings: $1.622 Bln. vs. $1.482 Bln. last year. -EPS: $1.19 vs. $1.10 last year. -Revenue: $24.238 Bln vs. $21.623 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.
Nikada/E+ via Getty Images Disney ( DIS ) continues to move forward with its plans to develop the Disneyland Abu Dhabi theme park resort on Yas Island, Abu Dhabi. Notably, the site will be Disney's ( DIS ) seventh global theme park resort and its first in the Middle East. The resort will sit alongside existing Yas Island attractions such as Ferrari World, Warner Bros. World, and Yas Waterworld, an...
Nikada/E+ via Getty Images Disney ( DIS ) continues to move forward with its plans to develop the Disneyland Abu Dhabi theme park resort on Yas Island, Abu Dhabi. Notably, the site will be Disney's ( DIS ) seventh global theme park resort and its first in the Middle East. The resort will sit alongside existing Yas Island attractions such as Ferrari World, Warner Bros. World, and Yas Waterworld, and is described by Disney leadership as "authentically Disney and distinctly Emirati." Disney stories and characters will be merged with Abu Dhabi’s culture, futuristic architecture, and shoreline setting. The theme park will feature a full-scale Disneyland-style park with a signature castle, themed accommodations, dining, and retail, and it will utilize a prominent water element directly into the park experience. The project was first announced publicly in May 2025 through joint statements from Disney ( DIS ), Miral, and UAE officials. While Disney ( DIS ) has not set a firm opening date or published a detailed construction schedule, Disney Experiences chairman Josh D’Amaro told Reuters that a project of this scale would likely require one to two years for design work and another four to six years to build. Last week, Disney ( DIS ) CEO Bob Iger toured the future Disneyland Abu Dhabi grounds on Yas Island and created some buzz by sharing photos of the sandy beachfront site on social media, effectively giving the first public glimpse of the specific plot where the park and resort will be built. Disney Six Flags Entertainment ( FUN ) also has big plans in the Middle East. The theme park operator opened its first park outside North America in late December as part of Saudi Arabia’s Qiddiya City megaproject. More on Disney Disney: Q1 2026 May Bring Forth Outsized Performance - Reiterate Buy Disney: Passing The Baton As The IP Wars Begin - Strong Buy Disney: 2026 Could Be The Year The Story Finally Turns Gen-AI drove mobile app downloads, revenue growth in 2025: Sensor Tower Wil...
Sundry Photography/iStock Editorial via Getty Images Investment thesis Synopsys, Inc. ( SNPS ) is a software company that its product is used by chip manufacturers to design chips. This industry has been dominated by three players: Synopsys, Cadence Design Systems ( CDNS ), and Siemens EDA. Synopsys and Cadence stock prices have usually traded at par. As you see in Figure 1, both stocks trade with...
Sundry Photography/iStock Editorial via Getty Images Investment thesis Synopsys, Inc. ( SNPS ) is a software company that its product is used by chip manufacturers to design chips. This industry has been dominated by three players: Synopsys, Cadence Design Systems ( CDNS ), and Siemens EDA. Synopsys and Cadence stock prices have usually traded at par. As you see in Figure 1, both stocks trade with a gap. That could be an opportunity to buy Synopsys until it gets to the level of Cadence. Figure 1: Seeking Alpha I love this business. I am an investor in Synopsys and Cadence. I think there are some catalysts that could raise Synopsys stock price. Its IP business has deteriorated, and I think the company has the levers to improve it and regain its leadership. In the EDA software, Ansys integration can give synergies and capture more value from both solutions integrated. And new AI agentic capabilities can raise even more the value of the solutions as they can replace even more engineers. However, the value of Synopsys in my estimation is $478.5 per share, down $7.3 per share from its current stock price. Risks are moderate and dependent on external factors and could affect the complete industry. I recommend holding and waiting for a further downturn in the stock because the catalysts won’t appear this year. The IP business has been a growth driver for the company, and the problems that it has faced, which have hammered the stock price, are an opportunity. Synopsys’ IP business decreased 8% in 2025 vs. 2024, to around $155 million, with total revenue at $1.7 billion. Operating margin decreased even more, 43% reaching $419 million of adjusted operating income due to the fixed costs of employees developing the solutions. Those results are highly impacted by the US restrictions on China, among others. Figure 2: Company's 10-K Report Management has acknowledged the problems, especially those that relate to its mismanagement, such as wrong resource allocation. That sincerity ...
HCA Healthcare press release ( HCA ): Q4 Non-GAAP EPS of $8.01 beats by $0.53 . Revenue of $19.51B (+6.7% Y/Y) misses by $170M . FY26 revenue consensus of $79.11B, EPS consensus of $29.45 Today, the Company issued the following estimated guidance for 2026: 2026 Guidance Range Revenues $76.500 to $80.000 billion Net Income Attributable to HCA Healthcare, Inc. $6.495 to $7.035 billion Adjusted EBITD...
HCA Healthcare press release ( HCA ): Q4 Non-GAAP EPS of $8.01 beats by $0.53 . Revenue of $19.51B (+6.7% Y/Y) misses by $170M . FY26 revenue consensus of $79.11B, EPS consensus of $29.45 Today, the Company issued the following estimated guidance for 2026: 2026 Guidance Range Revenues $76.500 to $80.000 billion Net Income Attributable to HCA Healthcare, Inc. $6.495 to $7.035 billion Adjusted EBITDA $15.550 to $16.450 billion EPS (diluted) $29.10 to $31.50 per diluted share Click to enlarge More on HCA Healthcare HCA Healthcare Is Caring For Patients And Investors Alike HCA Healthcare, Inc. (HCA) Presents at Stephens Annual Investment Conference 2025 Transcript HCA Healthcare, Inc. (HCA) Presents at 7th Annual Wolfe Research Healthcare Conference Transcript HCA Healthcare Q4 2025 Earnings Preview Federal judge puts brakes on new 340B drug rebate program
就在这周末，元宝产品侧做了一个大更新，也顺带亮出了腾讯控股的 AI 路线。 海豚君第一时间拉上亲友一起体验了一下，虽然有一定预期，但当和小伙伴们真正上手体验还是相比于 1V1 的人机交互有一些别样的新鲜感——元宝的各种贫嘴金句与朋友一同分享的欢乐、能够与父母共用的便利性的助手任务等等，期待更多的社交互动功能开放。 腾讯 AI 出招太慢被市场诟病了许久，软绵绵的股价已经表明了资金态度。虽说腾讯本身有...
就在这周末，元宝产品侧做了一个大更新，也顺带亮出了腾讯控股的 AI 路线。 海豚君第一时间拉上亲友一起体验了一下，虽然有一定预期，但当和小伙伴们真正上手体验还是相比于 1V1 的人机交互有一些别样的新鲜感——元宝的各种贫嘴金句与朋友一同分享的欢乐、能够与父母共用的便利性的助手任务等等，期待更多的社交互动功能开放。 腾讯 AI 出招太慢被市场诟病了许久，软绵绵的股价已经表明了资金态度。虽说腾讯本身有一些客观阻碍在，但海豚君复盘下来，仍然觉得 AI 发展的这两三年期间，腾讯也存在一些主观性的误判或偏离。 而我们之所以站在当下去做马后炮的讨论，实则是为了对比腾讯已经做出的变化，以及这些变化背后可能会带来哪些深远影响。 以下是详细分析 一、元宝是微信 AI 的 “试验田” 这个周末不平静，在 AI 上温吞许久的腾讯，终于有了新动作。随着元宝 V2.55 版本上线，两个功能更新最醒目： a. 一个是派发春节十亿红包的活动预约，需要参与做任务（体验元宝 AI 新玩法）兑现领取； b. 另一个则是新增 “派” 功能，类似微信群，可以邀请微信好友直接加入不同的 “派”。目前部分功能还处于小范围的灰度测试阶段，除了内测用户外，其他还不能新建 “派” 只能被邀请加入 “派”。 前者是一个从互联网时代遗留下来的通用拉新玩法，并不稀奇，无非是在具体金额上要比移动互联网时代更阔气。但后者则是一出手，就直接掏出了腾讯的王牌——社交。 海豚君参与了内测体验，目前 “元宝派” 的主要功能实现暂时停留在 Chatbot（文字&图片）、简单任务 Agent 等，相当于在原来 “微信群” 上新增了一个 “有情绪” 的 NPC 角色，这个 NPC 可以参与群聊、完成简单的工作（比如设定提醒事项、每日天气报备、文章总结、简易 PPT 制作等），同时元宝派中还融入了 “腾讯会议”，前段时间腾讯会议 “一本正经” 的 AI 智能会议记录小火了一把，元宝这次就干脆直接 “缝合” 了进来。 不过一个小 bug 是，元宝派中的文件上传与微信还未实现完全打通，如果我需要将微信收到的文件发到元宝派中，不能实现一键转发（类似微信到元宝 1v1 聊天框，也不能实现 1v1 聊天框一键转发到 “元宝派”），而是需要先下载到手机上，再上传到元宝派中。 但这种功能是可以在迭代中快速完善的，而海豚君从元宝套话中也得知，后续还有更多的...
AGF Management ( AGFMF ): Q4 Non-GAAP EPS of C$0.62. Revenue of C$120.3M (+13.7% Y/Y). AGF reported total assets under management and fee-earning assets 1 of C$60.4 billion compared to $56.8 billion as at August 31, 2025 and C$53.6 billion as at November 30, 2024. AGF’s mutual fund gross sales were C$1,425 million for the quarter compared to C$1,260 million in the previous quarter and C$993 millio...
AGF Management ( AGFMF ): Q4 Non-GAAP EPS of C$0.62. Revenue of C$120.3M (+13.7% Y/Y). AGF reported total assets under management and fee-earning assets 1 of C$60.4 billion compared to $56.8 billion as at August 31, 2025 and C$53.6 billion as at November 30, 2024. AGF’s mutual fund gross sales were C$1,425 million for the quarter compared to C$1,260 million in the previous quarter and C$993 million in the prior year quarter. Retail mutual fund 2 net sales were C$282 million compared to C$262 million in the previous quarter and $14 million in the prior year quarter. Adjusted EBITDA 3 for the three months and year ended November 30, 2025 was C$52.4 million and C$186.0 million, compared to C$39.6 million and C$166.4 million for the comparative prior year period. Adjusted EBITDA from AGF Capital Partners for the three months and year ended November 30, 2025, was C$16.7 million and C$56.6 million, compared to C$12.4 million and $56.9 million for the comparative prior year period. Net management, advisory and administration fees 3 for the three months and year ended November 30, 2025 was C$94.8 million and C$352.6 million, compared to C$83.6 million and C$318.4 million for the comparative prior year period. Declared quarterly dividend per share to 12.5 cents. More on AGF Management Limited Seeking Alpha’s Quant Rating on AGF Management Limited Historical earnings data for AGF Management Limited Dividend scorecard for AGF Management Limited Financial information for AGF Management Limited
As gold’s price surge intensified in early 2025, the year was shaping up to be a momentous one for the Democratic Republic of Congo’s state-owned trader of hand-dug precious metal. DRC Gold Trading SA had just bought out its Emirati partner and was planning to ship enough of the metal to potentially inject roughly $1 billion that used to go to smugglers into the country’s formal economy. But in Fe...
As gold’s price surge intensified in early 2025, the year was shaping up to be a momentous one for the Democratic Republic of Congo’s state-owned trader of hand-dug precious metal. DRC Gold Trading SA had just bought out its Emirati partner and was planning to ship enough of the metal to potentially inject roughly $1 billion that used to go to smugglers into the country’s formal economy. But in February, rebels backed by neighboring Rwanda invaded the city of Bukavu, site of the firm’s headquarters. The staff fled and the brother of Chief Executive Officer Joseph Kazibaziba was killed in front of his family. “It was a very, very complicated year,” Kazibaziba told Bloomberg in his new office overlooking the Congo River in the capital, Kinshasa, nearly 1,000 miles to the west of Bukavu. “You can’t imagine how much I want to leave it behind me.” Prospects are now better, despite the continued rebel occupation of Bukavu and a large swathe of Congo’s mineral-rich east. Kazibaziba has expanded the trader’s footprint to eight other provinces, hoping to ship as much as 18 tons of bullion this year. With gold still breaking successive records in a rally that has more than doubled prices in two years, that could be worth almost $3 billion. The company’s ups and down are a sobering reminder of the rough conditions often faced by mining operations far from the financial hubs of London and New York. Congo is one of Africa’s major producers of copper, cobalt and gold but remains one of the continent’s poorest nations. DRC Gold Trading was launched three years ago under the name Primera, to try to capture more revenue from an informal gold sector that provides a livelihood for hundreds of thousands of Congolese but exists almost entirely outside official commercial networks. Artisanal mining directly and indirectly supports armed groups in Congo’s east, leading to widespread human rights abuses including sexual violence, forced labor and summary executions, according to the United...
The mayor of a hilltop town on Sicily said “the situation is dire” after a powerful storm brought down a long section of hillside, leaving houses perched perilously on a cliff edge. About 1,500 people have so far been evacuated from their homes because of the landslide, which began to show signs of movement on Sunday before developing a 4km-long front. The chasm continues to widen, raising fears i...
The mayor of a hilltop town on Sicily said “the situation is dire” after a powerful storm brought down a long section of hillside, leaving houses perched perilously on a cliff edge. About 1,500 people have so far been evacuated from their homes because of the landslide, which began to show signs of movement on Sunday before developing a 4km-long front. The chasm continues to widen, raising fears it could swallow the town’s historic centre. “This is a dramatic landslide,” Massimiliano Conti, the mayor of Niscemi, a town in the south of the island, said in a video on social media, while urging people living beyond the cordoned-off areas to “stay home”. “I don’t want anyone to take this event lightly,” he added. “Fortunately there were no injuries, only damage to homes.” Images and videos show homes on the verge of collapse. Salvatore Cocina, director general of Sicily’s civil protection authority, said on Monday night: “All homes within a 50-70 metre radius will collapse.” Schools remained closed on Tuesday and a road connecting Niscemi with the coastal city of Gela has been closed. Niscemi has a population of about 25,000. Many of those evacuated were staying with relatives, although hundreds have spent the past two nights sheltering in a local sports arena. In an interview with La Repubblica published on Tuesday, Conti said: “There’s no denying it – we’re scared.” He said the landslide had dropped by another 10 metres earlier on Tuesday morning. “And from aerial images, it was shocking to see our Niscemi collapsing,” he said. “The situation is dire, especially since the creaking continues, and the rain isn’t helping either the relief operations or the technical surveys.” A serious concern is that the town could be cut off, added Conti. “We’re monitoring the situation non-stop, because the situation could change at any moment.” The Italian government on Monday declared a state of emergency for southern regions battered by Cyclone Harry last week. The powerful storm b...
Robinhood's stock has dropped 30% from its 52-week high, but is that enough to make it worth buying? Robinhood Markets (HOOD +0.01%) has gone from upstart to industry disruptor to industry heavyweight in a very short period of time. The company's success has been rewarded on Wall Street with a swiftly rising stock price. The stock is up more than 200% since its 2021 initial public offering. That s...
Robinhood's stock has dropped 30% from its 52-week high, but is that enough to make it worth buying? Robinhood Markets (HOOD +0.01%) has gone from upstart to industry disruptor to industry heavyweight in a very short period of time. The company's success has been rewarded on Wall Street with a swiftly rising stock price. The stock is up more than 200% since its 2021 initial public offering. That said, the shares have fallen 30% from their 52-week highs. Should you buy the stock while the shares are trading below $150? Robinhood has achieved a lot Robinhood has basically tapped into younger investors who are used to living in the digital world. It basically started as an app, using gamification to keep its customers engaged. Some of the broker's early efforts have been left behind, noting that investing probably shouldn't be treated as a game. However, the biggest lingering impact Robinhood has had is on commissions. Robinhood was the company that, effectively, forced the rest of the discount broker industry to lower trading costs to zero, or close to it. It was a huge shift in the industry business model. However, with customers flocking to free trading on the Robinhood platform, competitors like Charles Schwab (SCHW +0.74%) didn't really have a choice. That isn't the only big move Robinhood has made. To keep pace with its customers, the broker has also begun offering crypto trading and, more recently, sports betting. One can debate whether either of these offerings should be described as investing, but it is clear that Robinhood customers appreciate these services. To put some numbers on that, Robinhood's funded customer count rose from 24.3 million in the third quarter of 2024 to 26.8 million in the third quarter of 2025. More impressive is that the total assets on its platform increased to $333 billion in the third quarter of 2025 from $152 billion a year earlier. Customers clearly like what Robinhood is offering and are rewarding it with their patronage and cash...