Gorlov/iStock via Getty Images The consumer price index for February came in at 2.4%, the same YoY metric as January, despite being up 0.3% MoM. Overall, this is still lower than last 2025's average and well below its peak. BLS This fell in line with expectations from analysts for both core and non-core CPI figures, and so the market reaction seemed rather muted at the time of release, with equity markets flat. The median forecast from Wall St. was effectively spot on, and so we may call this report “priced in” with relative certainty. Overall, this figure is still above the Fed's target and is considered to be running hot even if it is far below where it was a few years ago. Here's the wider shot of inflation for reference: NYT When looking at the weights and contributions, we can see that core services contributed to the majority of the YoY increase, although energy services (i.e., electricity) and restaurants had outsized impacts on the report as well. Duality Research The February 2026 CPI Report Here's the headline report with my quick highlights: Annotations by author (BLS) While food was one of the categories that ran hotter than expected at 3.1% (and nearly 4% for eating out), that's been an ongoing trend in past reports that isn't too much of a surprise to me here. Within the core CPI report, we saw an outsized impact from apparel and medical care services, with smartphone prices declining nearly 12% and making “communications commodities” deflationary on the report. Duality Research Gas, Electricity, and Regionality Gasoline had fallen 5.6% in this report, also an ongoing trend. One of the major reasons for inflation falling in 2025 was falling energy prices, and so this was expected. Due to the closure of the Strait of Hormuz , this is certain to reverse course in March; more on that in the next section. I am still watching electricity prices, with my belief that service prices are rising at a much hotter pace than inflation (consistently above 4%!) due t...

Erik Isakson Navitas Semiconductor ( NVTS ) shares had surged 18% during morning market action on Wednesday after the company introduced two new product packages designed to improve efficiencies in artificial intelligence data centers. This included the top-side cooled QDPAK and the low-profile TO-247-4-LP. The QDPAK was designed to overcome the thermal limitations of conventional PCB cooling by enabling heat dissipation directly through the top of the package to the heatsink. It is also intended to enable smaller system footprints while supporting cleaner switching and higher efficiency at high frequencies. It supports larger die sizes and higher current capability as well. Meanwhile, the TO-247-4-LP package was designed for power electronics systems where vertical clearance is limited, such as high-density AI power racks. "Our customers are pushing the boundaries of what is possible in AI data center and energy infrastructure applications," said Paul Wheeler, VP and GM of the SiC business unit at Navitas. "The introduction of top-side cooled QDPAK and low-profile TO-247-4-LP packages is a direct response to the need for 'more power in less space.'" The Torrance, Calif.-based Navitas' stock has rocketed 300% over the past year as it has expanded into high-power markets such as AI data centers and industrial electrification. It has a Strong Buy rating from Seeking Alpha's Quant system. More on Navitas Semiconductor Navitas Semiconductor Corporation (NVTS) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript Navitas: Growth Roadmap Depends On Successful Sampling - Numerous Risks Ahead Navitas Semiconductor Corporation (NVTS) Q4 2025 Earnings Call Transcript Navitas outlines $3.5B high-power market opportunity and projects sequential growth through 2026 Navitas Semiconductor GAAP EPS of -$0.14 misses by $0.05, revenue of $7.29M beats by $0.34M

伊朗戰火持續逾十天，美軍和伊朗革命衛隊都稱，發動戰事爆發以來最猛烈攻勢。伊朗最高領袖穆傑塔巴據報受傷，但伊朗總統佩澤希齊揚之子表示，穆傑塔巴目前平安。 伊朗伊斯蘭革命衛隊發放片段，指已發起自戰爭開始以來最猛烈、最大規模攻勢。包括發射霍拉姆沙赫爾遠程彈道導彈，打擊以色列，以及中東地區的美軍資產。 以軍證實周三偵測到多枚來自伊朗的導彈，並已啟動防空系統攔截，據報以色列被導彈轟炸數小時。 在約旦河西岸，有民居被導彈碎片擊中。三層樓的混凝土天花板都被擊穿，地面亦被砸出一個大洞，屋主表示，所幸沒有人受傷。 以色列軍方指，已開始對黎巴嫩及伊朗同時發動大規模攻擊。以色列防長卡茨周三表示，以軍將繼續行動，直到達成所有目標，贏得這場戰役，「粉碎」伊朗政府。 同日在伊朗首都德黑蘭，大批民眾上街參加在美以空襲中喪生的伊朗軍事指揮官的葬禮，不少人揮舞國旗，或高舉哈梅內伊的肖像。 卡塔爾半島電視台當日較早前報道，以色列空襲了德黑蘭一座銀行大樓，造成1人死亡。伊朗通訊社引述，伊朗軍方發言人回應稱，伊朗將繼續打擊中東地區，與美國和以色列有關的經濟和金融機構。 伊朗外交部發言人巴加埃，接受央視總台記者專訪時表示，伊朗不能讓美以隨心所欲地開戰和結束。 伊朗外交部發言人巴加埃說：「我們已經從過去的經歷中汲取了教訓，伊朗不能讓他們想開戰就開戰、想結束就結束，然後再隨時重演，伊朗人民絕對不能接受這樣的局面。」 美國總統特朗普表示，美軍打擊伊朗的進度遠遠超出預期。又稱不滿穆傑塔巴出任伊朗最高領袖，相信他不能夠和平地生活下去。伊朗總統佩澤希齊揚之子周三在社交平台證實，穆傑塔巴目前平安無事。 路透社早前引述以色列高級官員報道，以色列情報部門評估認為，穆傑塔巴在美以對伊朗的空襲中受輕傷，因此沒公開露面。

MF3d/iStock via Getty Images I previously covered Texas Instruments ( TXN ) in July 2024, discussing how the management had hinted at the recovery of the analog chips market, albeit with much of its upside potential already pulled forward in the intermediate term, with the stock appearing to be expensive then. With the wider market and many other semiconductor stocks also pulling back from prior highs, I believed that there might be more uncertainty, resulting in my Hold rating then. In this article, I shall discuss why I am reiterating my Hold rating for the TXN stock, attributed to the stock's still premium valuations despite the ongoing stock price consolidation over the past few years along with their likely to be impacted balance sheet health arising from their dividend commitments and upcoming acquisition. This is despite the promising diversification into the data center segment, the recovering industrial end market, and the projected expansion in their Free Cash Flow per share entering FY2026. TXN Delivers Robust Diversification & FCF Recovery Entering FY2026 TXN 1Y Stock Price ( TradingView ) Since my last Hold rating, TXN has indeed underperformed with a stagnant stock price change of +0.8% compared to the wider market at +24.1%, as the stock also returns much of their prior market rotation gains between November 2025 and February 2026 by the time of writing. This performance has naturally lent credence to my prior Hold rating, as the stock notably grows into its previously premium valuations, as discussed in my last article. Otherwise, it is apparent that TXN has delivered robust performance metrics, as observed in their ability to tap into the booming data center capex trends through the growing data center revenues of $1.5B in FY2025 (+64% YoY). While the management does not offer a backlog metric, they have already hinted at their growing monetization opportunities through "the stronger bookings" and the immediate order fulfillments, as their data cent...

matejmo/iStock via Getty Images By James Knightley , Chief International Economist, US Tariff impact remains limited on prices US February consumer price inflation was broadly in line with expectations. Headline prices rose 0.3% month-on-month/2.5% year-on-year, while core inflation (excluding food and energy) was only 0.2%/2.4%, suggesting inflation pressures were well-behaved ahead of the military action in Iran. Used vehicle prices fell 0.4% MoM, new vehicle prices were flat, education and communication prices fell 0.2%, and housing costs rose only 0.2%, which helped to offset larger increases for appliances (+3.1% MoM) apparel (+1.3%), medical care services (+0.6%) and airline fares (+1.3%). The chart below shows that sectors vulnerable to the effects of tariffs - goods prices ex food and energy - remain remarkably benign. That is mainly down to weakness in auto prices, but even if we strip out autos, core goods rose only 0.2% MoM. Appliances did catch the eye with their 3.1% MoM increase, following a 1.3% gain in January, but this followed 1.1% and 2.6% monthly drops in November and December, so it is difficult to argue tariffs are having a major impact on prices. All we can say is that with import prices continuing to rise and consumer prices looking benign, the extra $20-$25bn of tariff costs per month are being borne by corporate America. Productivity gains are often cited as a factor limiting the inflation effect, but we note that imports are rising quickly again now that all the pre-tariff inventory build from late 2024/early 2025 has been exhausted. That suggests more tariff costs to come. As such, we can’t exclude the possibility that tariffs will eventually have a more noticeable impact on prices. US core goods prices, MoM% & YoY% Source: Macrobond, ING Energy costs point to a return of 3%+ inflation While on balance the report is a pretty good outcome, reaction has been limited given concerns about how developments in the Middle East are likely to mean...

Flex Announces U.S. Manufacturing Collaboration with AMD Ink World magazine -

(RTTNews) - Stocks have shown a lack of direction over the course of trading on Monday, extending the lackluster performance seen to close out the previous week. The major averages have spent the day bouncing back and forth across the unchanged line. Currently, the major averages are narrowly mixed. While the Nasdaq is up 8.83 points or 0.1 percent at 17,697.71, the S&P 500 is down 2.33 points or less than a tenth of a percent at 5,429.27 and the Dow is down 77.29 points or 0.2 percent at 38,511.87. The choppy trading on Wall Street comes as traders take a moment to assess the recent activity in the markets along with the near-term outlook. The Nasdaq and the S&P 500 set new record highs last week and posted strong weekly gains, while the narrower Dow moved lower for the third time in the last four weeks. Investors may also be reluctant to make significant moves ahead of the release of some key economic data in the coming days. Reports on retail sales and industrial production are likely to be in the spotlight, while reports on homebuilder confidence, housing starts and existing home sales may also attract attention. The upcoming Juneteenth holiday may also be contributing to lighter than usual trading activity, as the markets will be closed on Wednesday. On the U.S. economic front, the Federal Reserve Bank of New York released a report this morning showing New York manufacturing activity contracted at a notably slower rate in the month of June. The New York Fed said its general business conditions index climbed to a negative 6.0 in June from a negative 15.6 in May, although a negative reading still indicates contraction. Economists had expected the index to rise to a negative 9.0. Despite the continued contraction in current activity, the New York Fed said optimism about the six-month outlook picked up to its highest level in more than two years. Sector News Most of the major sectors are showing only modest moves on the day, contributing to the lackluster performan...

据美国《纽约时报》3月11日报道，一项正在进行的美军内部调查初步认定，“确实是美军袭击了伊朗米纳卜市小学”，但据称美军又是所谓“误炸”。报道称，2月28日，美军在空袭伊朗一处军事基地时，一枚“战斧”巡航导弹“误击”了米纳卜市的这所小学。据称美军在选定打击目标坐标时“使用了美国国防情报局提供的‘过时数据’”，导致学校被“误标”为军事目标。据称，该校建筑“过去曾属于伊朗伊斯兰革命卫队海军基地的一部分，但在2013年至2016年间已被改为学校使用”。 (CCTV国际时讯)

Fritz Jorgensen/iStock Editorial via Getty Images Bank of America research highlights the S&P 500 stocks that have seen the biggest expansion in ownership breadth, meaning the percentage of institutional funds holding each stock over the past year. The data shows a clear pattern: AI and technology-related names dominate the list, reflecting how investor enthusiasm around artificial intelligence has driven steady inflows into the sector. Palantir Technologies ( PLTR ) leads by a wide margin, with ownership rising from just 7% of funds a year ago to 32% today, a jump of 26 percentage points, the largest increase in the entire index. Other AI-linked or semiconductor-adjacent firms such as Broadcom ( AVGO ), Arista Networks ( ANET ), and Amphenol ( APH ) also saw strong gains in fund participation, underscoring the broad-based institutional pivot into AI infrastructure and data-enabling technologies. Beyond the core tech names, the inclusion of GE Vernova ( GEV ) and Gilead Sciences ( GILD ) shows that investors are diversifying exposure across sectors while still prioritizing growth resilience. Large-cap communication services firms like Meta Platforms ( META ) and Netflix ( NFLX ) also attracted new fund ownership Below is a list of stocks with the largest increase in ownership breadth according to Bank of America global research, ranked by their Seeking Alpha Quant Ratings. Arista Networks ( ANET ) and AppLovin ( APP ) top the list, earning “Strong Buy” ratings from the Quant system with scores of 4.78 and 4.52, respectively. These two names stand out as the only stocks on the list to achieve bullish assessments above the 3.5 threshold. The remainder of the top five includes Western Digital ( WDC ), Broadcom ( AVGO ), and GE Vernova ( GEV ), all carrying “Hold” ratings. Notably, Western Digital has delivered the strongest year-to-date performance of the group at 54.54%, while GE Vernova has gained 28.40% YTD despite its more neutral Quant assessment. Here is the list...

SOUTHLAKE, Texas, March 11, 2026 (GLOBE NEWSWIRE) -- Renewal Fuels, Inc. (OTC: RNWF) (“RNWF”, “American Fusion” or the “Company”), has become aware of a false report circulating on online message boards and social media platforms that incorrectly claims the Company has announced a public offering of common stock. The Company confirms that the referenced report is false. Renewal Fuels, Inc. has not announced, authorized, or filed for any public offering of its common stock, and the Company is not currently engaged with any investment bank to conduct such an offering. The circulating post, which appears to mimic the format of a GlobeNewswire press release, is not an official communication from the Company and did not originate from GlobeNewswire or any other authorized news distribution service used by the Company. GlobeNewswire has confirmed to the Company that it did not distribute any such press release. Management is actively reviewing the source of the false report and is taking steps to address the matter. Richard Hawkins, CEO of Renewal Fuels, Inc., stated, “The Company has not announced a public offering and is not conducting a dilutive capital raise. The document circulating online is fabricated and does not represent any action taken by the Company.” The Company encourages investors, shareholders, and members of the public to rely only on official Company announcements distributed through GlobeNewswire and published on the Company’s official communication channels, and to contact the Company directly with any questions regarding corporate announcements or disclosures. At this time, the Company does not have shares available to issue under a public offering structure and does not anticipate pursuing a dilutive offering at current market levels. Renewal Fuels, Inc. remains fully compliant with all applicable regulatory and disclosure requirements. For more information about Kepler Fusion Technologies and its Texatron™ platform, please visit: www.keplerfusion.c...

A unit of China’s Ministry of Industry and Information Technology (MIIT) has issued guidelines on best practices and prohibitions for adopting and using OpenClaw, the popular artificial intelligence agent that continues to dominate the market. The advisory, developed in collaboration with AI agent providers, vulnerability platform operators and cybersecurity firms, aims to address risks in typical use cases of “lobster”, OpenClaw’s mascot, according to a Wednesday statement from the MIIT-run National Vulnerability DataBase (NVDB). The guidelines recommend six practices: use the official latest version, minimise internet exposure, grant only the minimum permissions necessary, exercise caution when using the skill market filled with third-party offerings, guard against browser hijacking, and regularly check for patch vulnerabilities. Advertisement By contrast, users are warned against using outdated or third-party mirror versions of OpenClaw, exposing AI agent instances to the internet, enabling administrator accounts during deployment, installing skill packs that require entering passwords, browsing unverified websites, and disabling detailed log auditing functions. The NVDB also provided instructions on restricting internet access, scanning files and uninstalling the software. The advisory was developed in collaboration with AI agent providers, vulnerability platform operators and cybersecurity firms. Photo: Xinhua

格隆汇3月11日｜美国国家运输安全委员会将于3月31日举行听证会，以确定涉及福特汽车高级驾驶辅助系统的两起致命事故的可能原因。2024年发生的两起追尾事故均涉及在部分自动驾驶模式下运行的2022年款福特野马Mach-E。

Oracle Is Treading Water Below Its Moving Averages After Earnings. How Should You Play ORCL Stock Here? Barchart.com

Source: Bloomberg, 8:04

本周早些时候，油价飙升至接近每桶 120 美元，引发了消费者的高度关注。特朗普总统试图安抚市场，表示美以对伊朗的作战 “进度远超计划”。受此影响，油价回落至每桶 90 美元以下。 然而，油价和股市很像，对利空消息 “记性很短”—— 一条新闻就可能引发反弹。 摩根大通 近期警告，如果霍尔木兹海峡的石油运输不能尽快恢复，油价可能再度突破每桶 100 美元。 美国全国汽油均价目前为每加仑 3.58 美元。汽油价格平台 GasBuddy 分析师帕特里克・德・哈恩表示， 未来一个月甚至更早，油价涨至 4 美元的概率高达 80% ，仅本周油价就可能升至 “每加仑约 3.75 至 3.95 美元”。 截至目前，特朗普拒绝动用美国战略石油储备，称 “我们有大量石油”，并表示高油价问题 “会很快解决”。 战略石油储备的石油能减轻美国人加油的负担吗？如果可以，能让汽油降价多少、又能维持多久？ 什么是战略石油储备？ 美国战略石油储备（SPR）是存放在墨西哥湾沿岸 4 座基地、共 60 个盐穴中的应急原油库存： 2 座位于得克萨斯州休斯敦和博蒙特附近 2 座位于路易斯安那州莱克查尔斯和巴吞鲁日附近 总库容为 7.14 亿桶 ，目前储备量为 4.15 亿桶 。 特朗普曾在《宏大美好法案》中承诺拨款 10 亿美元补充战略石油储备，但该条款在送交白宫前被国会删除。 美国历任总统已下令 四次紧急释放战略石油储备 ： 1991 年，海湾战争 “沙漠风暴行动” 期间 2005 年，应对飓风卡特里娜 2011 年，利比亚国内动荡导致供应中断 2022 年，俄乌冲突爆发 战略石油储备能压低油价吗？ 如果汽油涨至每加仑 4 美元、5 美元甚至更高，动用美国应急石油库存 可能无法带来消费者期待的缓解效果 。 2022 年美国释放 2.4 亿桶战略石油储备后，财政部公布了两组对汽油价格的影响测算： 一项分析显示：每加仑降价 13~31 美分 另一项估算：每加仑降价 33 美分 而且，通过紧急储备增加石油供应， 充其量只是临时措施 。 美国每日石油消费量略高于 2000 万桶 。释放 2 亿桶石油，仅够满足全国 10 天 的用量。 全球石油储备将同步动用 并非只有美国拥有应急石油储备。据估算，委内瑞拉以 3030 亿桶以上 的储量位居全球第一，占全球总量的五分之一。 国际能源署（IEA）32 个成员国拥有超过 1...

When news broke Tuesday morning that Meta bought Moltbook, the social network for AI agents, it may have left some people scratching their heads. What on earth would Meta — an ad-supported company — want with a social network where the users are bots? Bots, after all, are not the target audience of brand marketers and advertisers. Meta isn’t saying much. Its only official comment was a brief statement that the Moltbook team was joining Meta Superintelligence Labs, which would open up “new ways for AI agents to work with people and businesses.” Reading between the lines, this was an acqui-hire. A network built for bots isn’t exactly a natural home for brand advertising — even if Moltbook was never entirely non-human. What Meta really wanted was the talent behind it — people who are having fun brainstorming and experimenting with AI agent ecosystems. And that, counterintuitively, could be a boon for its advertising business. As Meta CEO Mark Zuckerberg said last year, he believes in a future where “every business will soon have a business AI, just like they have an email address, social media account, and website.” On an agentic web, one where AI systems act independently on users’ behalf, AI agents could interact with each other, doing things like buying ads, making bookings, and responding to customers. AI is also being used to generate ad creative and tailor its output based on who’s viewing it. AI systems could also manage product pricing or generate personalized offers. On the consumer side, agents could be used to find the best prices and deals, manage bookings, and shop for products. In some limited cases, agents can already check out and pay on consumers’ behalf. (Agentic commerce is still in its early days, and these systems don’t always work as well as advertised. But the market has been moving fast, and improvements seem likely soon enough.) As Facebook once built the “friend graph” — a network defined by social connections between people, where every indiv...

When news broke Tuesday morning that Meta bought Moltbook, the social network for AI agents, it may have left some people scratching their heads. What on earth would Meta — an ad-supported company — want with a social network where the users are bots? Bots, after all, are not the target audience of brand marketers and advertisers. Meta isn’t saying much. Its only official comment was a brief statement that the Moltbook team was joining Meta Superintelligence Labs, which would open up “new ways for AI agents to work with people and businesses.” Reading between the lines, this was an acqui-hire. A network built for bots isn’t exactly a natural home for brand advertising — even if Moltbook was never entirely non-human. What Meta really wanted was the talent behind it — people who are having fun brainstorming and experimenting with AI agent ecosystems. And that, counterintuitively, could be a boon for its advertising business. As Meta CEO Mark Zuckerberg said last year, he believes in a future where “every business will soon have a business AI, just like they have an email address, social media account, and website.” On an agentic web, one where AI systems act independently on users’ behalf, AI agents could interact with each other, doing things like buying ads, making bookings, and responding to customers. AI is also being used to generate ad creative and tailor its output based on who’s viewing it. AI systems could also manage product pricing or generate personalized offers. On the consumer side, agents could be used to find the best prices and deals, manage bookings, and shop for products. In some limited cases, agents can already check out and pay on consumers’ behalf. (Agentic commerce is still in its early days, and these systems don’t always work as well as advertised. But the market has been moving fast, and improvements seem likely soon enough.) As Facebook once built the “friend graph” — a network defined by social connections between people, where every indiv...

Forbes estimates that Binance founder Changpeng Zhao has a net worth of $110 billion.

The Kneecap rapper Liam Óg Ó hAnnaidh will not face a terrorism charge over allegedly displaying a Hezbollah flag during a gig after the high court in London upheld a decision to throw out the case. Ó hAnnaidh, 28, who performs under the name Mo Chara, had been charged with the offence for allegedly displaying the flag of the proscribed group during a performance at the O2 Forum in Kentish Town, north London, in November 2024. Last September the chief magistrate, Paul Goldspring, rejected the case due to a filing mistake in the way the case was brought against Ó hAnnaidh. In that ruling, he said: “I find that these proceedings were not instituted in the correct form, lacking the necessary DPP [director of public prosecutions] and AG [attorney general] consent within the six-month statutory timelimit set by section 127.” On Wednesday, two high court judges, Lord Justice Edis and Mr Justice Linden, upheld Goldspring’s decision to rule the charge unlawful. Ó hAnnaidh’s defence team, led by Brenda Campbell KC, argued that the attorney general, Richard Hermer, had not given permission for the case to be brought when police informed Ó hAnnaidh he was to face a terrorism charge last May. The judges dismissed the appeal by the director of public prosecutions. The judgment, written by Edis, said: “We consider that the first written charge was issued on 21 May 2025 and this was when the proceedings were instituted for the purposes of Tact [Terrorism Act 2000]. That was a nullity because of the terms of section 117(2) and (2A) of Tact. “It follows that no written charge was issued within 6 months of 21 September 2025 and the judge was right to hold that he had no jurisdiction to try any summary only offence alleged to have been committed on that date.” Edis added: “It is a matter of concern that a charge, which both the DPP and the attorney general considered met both parts of the full code test for crown prosecutors, will never now be determined. “There was, they decided, a r...

3月10日晚间，一则关于“盈科”的消息发出，截图中称盈科律师事务所创始人梅向荣“挪用律师费进行融资并承担担保责任”。盈科律所有关人士记者确认，此次事件系梅向荣家族开办企业商业行为引发，相关事项与盈科律师事务所执业活动无关联。盈科已于3 月 10 日完成全球董事会换届选举。据 “盈科法律微观” 公众号发布，80后李景武任职新一届盈科全球董事会主任。盈科律所有关人士回应记者指出，该融资属于梅向荣家庭层面商业行为，与律所运营完全没有关系。他表示，盈科全球董事会已经查阅过梅向荣所签署的融资协议，融资协议金额为10亿元，而非网传的40亿元。这10亿资金不涉及盈科律所资产抵押 ，但可能存在用盈科的声誉换取信任。多项信息显示，盈科正在开展一系列的应对措施。(21世纪经济报道)

Morsa Images/DigitalVision via Getty Images Back in early November of last year, I decided to revisit First Financial Bankshares ( FFIN ). For me, as a value investor, this kind of bank is one of the most difficult to rate. This stems from the fact that, as a value investor, I am wary of enterprises that trade at multiples that are higher than other firms that are similar typically do. Normally, such a valuation disparity would justify a ‘sell’ rating as opposed to a ‘hold’. But when you consider how high the quality of assets are, that makes it more challenging. I don't mind assigning premiums to companies that are high quality in nature. But figuring out the line between fairly valued on a quality adjusted basis and undervalued or overvalued is more art than science. At the end of the day, in that article, I decided to take the more cautious approach. This led me to reaffirm the business as a ‘hold’ candidate. Since then, the stock has outperformed the market some, rising 5%. But considering that the S&P 500 is up 3.2% over that same window of time, I wouldn't say that the return disparity is massive. From a purely fundamental standpoint, the company is growing nicely. That quality is exceptional, but shares of the business are priced at levels that are difficult to justify. Because of this, I have no choice but to reaffirm the company as a ‘hold’ candidate until such time that fundamentals justify an upgrade. Shares are still too pricey for my liking When it comes to fundamentals specifically, I would say that First Financial Bankshares is doing a really good job right now. Take deposits as an example. They totaled $13.35 billion for the most recent quarter. That would be the final quarter of the company's 2025 fiscal year. That represents an increase over the $12.85 billion reported in the third quarter, and it is well above the $12.10 billion that the company had at the end of 2024. Deposit growth is paramount for banks. After all, they serve as literal fuel fo...

Getty Images Thesis Domo, Inc. ( DOMO ) is a U.S. cloud software company that provides a data platform for BI (business intelligence), data visualization, and AI-driven analytics. The company's fairly young, founded in 2010, and is located in the quaint city of American Fork, Utah, about 30 miles from Salt Lake City. Basically, its software helps organizations connect different data sources, analyze information, and visualize results in real time, allowing teams across a business to make faster and more informed decisions. Seeking Alpha In terms of performance, DOMO has been a disaster. Over the past year, my peers have done a solid job pointing out the company’s problems and issuing Sell ratings accordingly. That being said, after reviewing the latest earnings report, I'm breaking from the ranks and leaning bullish on the shares as the underlying business shows signs of turning a corner. What I Think About Domo’s Breakout Q4 2026 Billings (Q4): $111.2M (+8% YoY) Clearly, the market likes what it’s seeing from Domo. As of this writing, the stock is up more than 40% in pre-market trading, so let’s get into what’s actually going on. When reviewing Domo’s quarter , what stood out most to me was the growth in billings. This growth seems to be coming mainly from two things: better customer retention (existing customers staying with the company) and faster adoption of consumption-based pricing. Management also pointed out that customers are starting to use the Domo platform for more than just analytics. Instead of only using it to analyze data, customers are increasingly using it to run operational workflows and support AI agentic processes. My general philosophy, applied to just about every aspect of life, is that simple is better. As for Domo's position in this ecosystem, instead of just storing and analyzing data, businesses really just want well-controlled (governed) systems that can automatically turn data into actions, without needing these complicated integrations ...

Image source: The Motley Fool. Wednesday, March 11, 2026 at 10 a.m. ET CALL PARTICIPANTS Executive Chairman — Warren B. Kanders President — Brad E. Williams Chief Financial Officer — Blaine Browers TAKEAWAYS Backlog -- Backlog increased nearly 50%, including the addition of CARS Engineering and a $50 million blast exposure monitoring system contract. -- Backlog increased nearly 50%, including the addition of CARS Engineering and a $50 million blast exposure monitoring system contract. Med-Eng Contract Award -- Med-Eng was awarded $86 million in contracts from General Dynamics (NYSE:GD) European Land Systems for blast attenuation seats, with production beginning in 2026 and deliveries extending through 2031 and 2029, respectively. -- Med-Eng was awarded $86 million in contracts from (NYSE:GD) European Land Systems for blast attenuation seats, with production beginning in 2026 and deliveries extending through 2031 and 2029, respectively. Adjusted EBITDA -- 2025 adjusted EBITDA reached $111.7 million, marking a record for the third consecutive year. -- 2025 adjusted EBITDA reached $111.7 million, marking a record for the third consecutive year. Gross Margin Improvement -- 2025 gross margin increased 140 basis points year over year, with public safety product gross margin (excluding distribution and nuclear) up 188 basis points. -- 2025 gross margin increased 140 basis points year over year, with public safety product gross margin (excluding distribution and nuclear) up 188 basis points. M&A Activity -- Completed the acquisitions of CARS Engineering and TIER Tactical; six total acquisitions since IPO, with a robust pipeline maintained for 2026. -- Completed the acquisitions of CARS Engineering and TIER Tactical; six total acquisitions since IPO, with a robust pipeline maintained for 2026. TIER Tactical Integration -- TIER Tactical, acquired in February, is expected to contribute $88 million to $92 million in revenue in 2026 with EBITDA margins around 20% and minimal cus...

AeroVironment (AVAV 7.16%) stock slipped 5% through 11:05 a.m. ET Wednesday after missing on earnings last night. Analysts forecast the maker of military drones would earn $0.72 per share on sales of $483.9 million in its fiscal Q3 2026. In fact, AeroVironment earned only $0.64 per share, and sales fell far short of expectations: $408 million. AeroVironment Q3 earnings On the surface, this seems pretty bad news -- but it wasn't all bad. Despite "missing" on sales, AeroVironment nonetheless managed to grow its sales 143% year over year. Less encouraging is the news on profits. AeroVironment not only missed on earnings in Q3. And what it did "earn" was only pro forma profit. When calculated under generally accepted accounting principles (GAAP), AV's result for Q3 was actually a net loss of $3.15 per share. Year to date, AV has racked up losses of $241 million, and its free cash flow is negative $220 million. Expand NASDAQ : AVAV AeroVironment Today's Change ( -7.16 %) $ -15.87 Current Price $ 205.70 Key Data Points Market Cap $11B Day's Range $ 199.37 - $ 213.56 52wk Range $ 102.25 - $ 417.86 Volume 2.8M Avg Vol 1.7M Gross Margin 21.66 % Is AeroVironment stock a sell? So sales are surging, but profits are nowhere to be seen. How should investors react to this? On the one hand, continued sales growth seems certain. Management noted it's got a book-to-bill ratio of 1.6 so far this year (which foreshadows more strong sales growth ahead). Guidance is for about $1.9 billion in total sales through the end of this fiscal year, more than twice AV's total sales last year. There are two problems with this: First, AV's entire guidance range is below analysts' year-end forecasts. Second, it's not enough revenue to turn AV profitable. GAAP losses for the year are still forecast to be at least $4.10 per share, and potentially as bad as $4.44 per share. To me, AV stock looks like a sell.

Meta (META) Unveils 4 AI Chips, Turning Up Heat on NVIDIA and AMD Wall Street Pit

关键要点 根据Anthropic的一项新研究，基于当前AI工具在其相关工作领域的能力，计算机程序员、客户服务代表和数据录入员面临着最高的AI替代风险。 目前，在风险最高的从业者中，失业率尚未出现激增。 但自ChatGPT推出以来，22至25岁劳动者受聘于AI高风险岗位的比例已下降约14%。 一项来自Anthropic的新研究发现，受AI影响风险最大的劳动者并非收入最低的人群，而是美国收入最高、教育水平最高的专业人士。与以往主要冲击蓝领工人的自动化浪潮不同，AI似乎正瞄准所谓的“知识工作”，而以此为生的知识工作者可能比收入远低于他们的收银员和厨师更加脆弱。例如，计算机程序员近四分之三的核心工作任务如今已可由AI处理——并非未来某天，而是当前实际的应用状况。 这项研究发布之际，许多美国人正担忧AI自动化可能导致他们失业，尽管此前大多数研究仅停留在AI可能处理哪些任务的理论层面，而迄今最有力的研究表明其对就业的影响有限。作为Claude AI模型的开发公司，Anthropic是为数不多能够直接获取大规模真实世界AI使用数据的机构之一，这使得该研究成为迄今为止关于AI对就业影响的重要报告之一。 哪些职业面临最高的现实风险 Anthropic的研究将计算机程序员排在首位，观察到AI覆盖了其约四分之三（74.5%）的工作任务。紧随其后的是客户服务代表（70.1%），这主要是由于AI通过公司API处理客户查询。数据录入员（67.1%）、医疗记录专员（66.7%）和金融投资分析师（57.2%）也位列风险最高的职业之列。 这份名单最引人注目之处在于，这些并非政策制定者在讨论自动化时历来最为担忧的低技能岗位。处于最高风险职业的劳动者，其收入比零AI风险岗位的劳动者高出约47%，拥有研究生学历的比例要高得多（17.4%对比零风险组的4.5%），并且女性占比高出16个百分点。这是因为AI正在瞄准知识工作，即涉及分析和写作的工作类型。 这对你意味着什么 如果你从事涉及编程、金融、客户服务或数据的知识型领域工作，AI可能已经在处理与你类似的工作中相当一部分任务。你的职位或许不会消失，但对于后来者而言，入门的大门可能正在关闭，因为AI风险最高的职业中，最年轻劳动者的招聘已经开始放缓。 AI的潜在覆盖范围与当前实际应用 许多关于AI对就业风险的研究实际上只是在探讨一个理论问题：AI可能从劳动者手中...

tupungato Morgan Stanley ( MS ) has reportedly started hiring staff on a contract basis in Hong Kong to manage a boost in stock listings, allowing the U.S.-based bank to control costs as it deals with a surge in activity. While a wave of IPO listings has led to increased demand for talent, volatile markets make it difficult to justify the high cost of permanent hires, Reuters reported, citing three people familiar with the Morgan Stanley hiring. Since late 2025, the company's investment bank unit has hired staff on one-year contracts to work on due diligence for listing applications, the sources told Reuters. It's not uncommon for global banks to hire temporary workers for various functions to manage sudden bursts of business, but it's not a typical practice in investment banks, especially in Asia, the report said. The IPO transaction team was formed in Q4 2025 and consists of ~10 people, Reuters said. It conducts due diligence for Hong Kong and U.S. IPOs, mainly for Chinese companies, it added. More on Morgan Stanley Morgan Stanley A Vs. E Preferred Shares: Rating Change For Both Morgan Stanley: Maybe I Was Wrong To Sell (And Why The Preferreds Remain Attractive) Morgan Stanley (MS) Presents at UBS Financial Services Conference 2026 Transcript Big banks in top losers; Circle Internet, Coinbase, SoFi among gainers - week's financials wrap Core Scientific secures strategic financing with Morgan Stanley for up to $1B