Ceri Breeze/iStock Editorial via Getty Images Airbus Helicopters ( EADSF ) ( EADSY ) on Tuesday said it signed an agreement to supply up to 18 Flexrotor uncrewed aerial systems to Garuda Technologies, a U.S.-based subsidiary of India’s Garuda Aerospace. The aircraft will be offered through leasing arrangements to customers using drones for infrastructure inspection, public safety operations and di...
Ceri Breeze/iStock Editorial via Getty Images Airbus Helicopters ( EADSF ) ( EADSY ) on Tuesday said it signed an agreement to supply up to 18 Flexrotor uncrewed aerial systems to Garuda Technologies, a U.S.-based subsidiary of India’s Garuda Aerospace. The aircraft will be offered through leasing arrangements to customers using drones for infrastructure inspection, public safety operations and disaster response. Garuda said the aircraft will be made available under both dry and wet lease structures. The drones are expected to support activities such as monitoring roads, railways, oil and gas pipelines and power lines, along with missions tied to law enforcement, wildfire surveillance, search operations and emergency response. Flexrotor in flight (Airbus Helicopters) Garuda Technologies is incorporated in Delaware and represents the company’s push into the North American market. The firm’s parent company, Garuda Aerospace, has built a significant drone business in India, particularly in agricultural applications, and has worked with hundreds of enterprise and government clients globally. In comments accompanying the announcement, Garuda founder and chief executive Agnishwar Jayaprakash described the Airbus agreement as part of a broader effort to expand the company’s international drone services and diversify its technology offerings. He pointed to Garuda’s experience manufacturing and operating thousands of drones and said adding the Flexrotor would help the company support longer-duration missions and more complex industrial operations. Airbus Helicopters executives framed the deal as evidence of growing demand for long-endurance uncrewed aircraft in both civilian and defense applications. Olivier Michalon, the company’s executive vice president for global business, said the Flexrotor platform has been attracting interest from customers looking for systems that balance payload capacity, flight endurance and deployability. Long-Duration Drone Missions The Flexrotor...
The so-called "Magnificent Seven" stocks have been the primary drivers of the market in recent years and have been the fuel for the AI boom. The seven -- Nvidia, Apple, Microsoft, Amazon, Alphabet, Meta Platforms, and Tesla -- account for about 32.7% of the market cap of the S&P 500, according to Motley Fool research. For some perspective, they made up only 12.5% of the S&P in 2016. Research by Th...
The so-called "Magnificent Seven" stocks have been the primary drivers of the market in recent years and have been the fuel for the AI boom. The seven -- Nvidia, Apple, Microsoft, Amazon, Alphabet, Meta Platforms, and Tesla -- account for about 32.7% of the market cap of the S&P 500, according to Motley Fool research. For some perspective, they made up only 12.5% of the S&P in 2016. Research by The Motley Fool indicates that the Magnificent Seven have outperformed the S&P 500 in eight of the past 10 years. Over the entire 10 years, the seven stocks have had a combined return of 876%, dwarfing the combined 235% return for the S&P over that same period. It shows that the Magnificent Seven have been the jet fuel that has propelled the market over the past decade. Investors can tap into them with any number of large-cap exchange-traded funds (ETFs), but if they want exclusive exposure to only those seven stocks, they should consider the Roundhill Magnificent Seven ETF (MAGS +0.84%). Jet fuel for your portfolio The Roundhill Magnificent Seven ETF invests just in those seven, which are equal-weighted, each representing about 14% of the portfolio. The ETF has only been around for about three years, debuting in April of 2023, but since then, it has had an average annualized return of 39% compared to the S&P's 21% annualized return. Expand NYSEMKT : MAGS Roundhill Magnificent Seven ETF Today's Change ( 0.84 %) $ 0.52 Current Price $ 62.24 Key Data Points Day's Range $ 61.58 - $ 62.34 52wk Range $ 39.00 - $ 69.14 Volume 2M It is a small sample size, and it does capture one of the best three-year periods in history for stocks, so investors should not expect that type of return over time. What investors should expect is blowout returns during bull markets and more volatile returns when markets are down. For example, during 2020, the Magnificent Seven returned 66% while the S&P returned 16.3%, per Motley Fool research. But in 2022, when the S&P fell 19.4%, the Magnificent Seven ...
Key Points The Magnificent Seven stocks have returned 876% over the past 10 years. In comparison, the S&P 500 has only returned 235% over that same stretch. Could an investment in this Roundhill ETF set you up for life? 10 stocks we like better than Roundhill Magnificent Seven ETF › The so-called "Magnificent Seven" stocks have been the primary drivers of the market in recent years and have been t...
Key Points The Magnificent Seven stocks have returned 876% over the past 10 years. In comparison, the S&P 500 has only returned 235% over that same stretch. Could an investment in this Roundhill ETF set you up for life? 10 stocks we like better than Roundhill Magnificent Seven ETF › The so-called "Magnificent Seven" stocks have been the primary drivers of the market in recent years and have been the fuel for the AI boom. The seven -- Nvidia, Apple, Microsoft, Amazon, Alphabet, Meta Platforms, and Tesla -- account for about 32.7% of the market cap of the S&P 500, according to Motley Fool research. For some perspective, they made up only 12.5% of the S&P in 2016. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Research by The Motley Fool indicates that the Magnificent Seven have outperformed the S&P 500 in eight of the past 10 years. Over the entire 10 years, the seven stocks have had a combined return of 876%, dwarfing the combined 235% return for the S&P over that same period. It shows that the Magnificent Seven have been the jet fuel that has propelled the market over the past decade. Investors can tap into them with any number of large-cap exchange-traded funds (ETFs), but if they want exclusive exposure to only those seven stocks, they should consider the Roundhill Magnificent Seven ETF (NYSEMKT: MAGS). Jet fuel for your portfolio The Roundhill Magnificent Seven ETF invests just in those seven, which are equal-weighted, each representing about 14% of the portfolio. The ETF has only been around for about three years, debuting in April of 2023, but since then, it has had an average annualized return of 39% compared to the S&P's 21% annualized return. It is a small sample size, and it does capture one of the best three-year periods in history for stocks, so investors should not expect that type of...
Hewlett Packard Enterprise CEO Antonio Neri discusses the demand for AI hardware that drove the company’s sales forecast above analysts’ estimates. Neri joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
Hewlett Packard Enterprise CEO Antonio Neri discusses the demand for AI hardware that drove the company’s sales forecast above analysts’ estimates. Neri joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech." (Source: Bloomberg)
First International Bank of Israel press release ( FBKIF ): FY GAAP EPS of NIS 22.52. Revenue of NIS 6.9B. Return on equity, adjusted to exclude Tier 1 capital surplus above the Bank's target ratio, reached 19.1% Public credit grew by 12.9% compared to year-end 2024 Customer assets grew by 38.4% compared to year-end 2024, reaching NIS 1,161 billion Public deposits grew by 11.1% compared to year-en...
First International Bank of Israel press release ( FBKIF ): FY GAAP EPS of NIS 22.52. Revenue of NIS 6.9B. Return on equity, adjusted to exclude Tier 1 capital surplus above the Bank's target ratio, reached 19.1% Public credit grew by 12.9% compared to year-end 2024 Customer assets grew by 38.4% compared to year-end 2024, reaching NIS 1,161 billion Public deposits grew by 11.1% compared to year-end 2024 Equity attributable to the Bank's shareholders totaled NIS 14.6 billion, reflecting a 8.8% increase compared to year-end 2024 Tier 1 capital ratio: 11.1% Net income for the fourth quarter of 2025 totaled NIS 512 millionThe Bank's Board of Directors approved approximately NIS 522 million dividend distribution. This amount includes a NIS 266 million distribution as part of a potential future framework of distributions aimed at reducing c NIS 1 billion of capital surplus over the next two years. The Bank is also evaluating additional distributions of 25% of net income through share buybacks over the next two years, subject to the adoption of appropriate frameworks. More on First International Bank of Israel Historical earnings data for First International Bank of Israel Dividend scorecard for First International Bank of Israel Financial information for First International Bank of Israel
4kodiak/iStock Unreleased via Getty Images Amazon ( AMZN ) launched its health AI agent on its website and app on Tuesday, with U.S. Prime members receiving free message-based medical consultations for more than 30 common conditions as part of an introductory offer. The agentic AI solution is designed to provide personalized health information and guidance to patients based on lab results and othe...
4kodiak/iStock Unreleased via Getty Images Amazon ( AMZN ) launched its health AI agent on its website and app on Tuesday, with U.S. Prime members receiving free message-based medical consultations for more than 30 common conditions as part of an introductory offer. The agentic AI solution is designed to provide personalized health information and guidance to patients based on lab results and other medical records accessed through the Health Information Exchange with consent. Health AI can also manage prescription renewals and book appointments, enabling patients to focus more on their recovery rather than worry about time-consuming tasks such as visiting doctors’ offices, Amazon ( AMZN ) said. “We're rolling this out to customers starting today and will continue expanding availability in the coming weeks, with a goal of making it available to all U.S. customers soon,” the company added. The wider market rollout comes less than two months after the e-commerce giant launched the AI assistant on its One Medical app exclusively for members of its healthcare services provider, One Medical, earlier this year. More on Amazon Amazon: Berkshire Hathaway Q4 Trimming And Capital Lease Accounting In Focus Amazon: I Bought The Recent Sell-Off Amazon: Not The Best Bang For Your Buck Amazon wins temporary order blocking Perplexity shopping bots Amazon looking to raise up to $42B in bonds to fund AI, capex buildout: report
This article first appeared on GuruFocus. Alphabet's (NASDAQ:GOOG) YouTube may now be the biggest media business in the world, highlighting how technology platforms are increasingly reshaping the entertainment landscape. Research compiled by MoffettNathanson indicates that YouTube generated about $62B in revenue in 2025, slightly surpassing Disney (NYSE:DIS) Media's roughly $60.9B. The milestone s...
This article first appeared on GuruFocus. Alphabet's (NASDAQ:GOOG) YouTube may now be the biggest media business in the world, highlighting how technology platforms are increasingly reshaping the entertainment landscape. Research compiled by MoffettNathanson indicates that YouTube generated about $62B in revenue in 2025, slightly surpassing Disney (NYSE:DIS) Media's roughly $60.9B. The milestone suggests the video platform has moved ahead of traditional Hollywood giants as digital distribution and creator-driven ecosystems continue to expand across global audiences. The platform's rise traces back to Google's $1.65B acquisition of YouTube in 2006, a deal that came during the early stages of online video's growth. Over time, the service evolved from a simple video-sharing site into a vast entertainment hub spanning music, podcasts, television, sports, and live events. Today, YouTube records trillions of views annually and operates with a dual-revenue structure that combines advertising with subscription offerings, a model that researchers say supports its scale and resilience. MoffettNathanson estimates that if YouTube were ever separated from Alphabet as a standalone company, the business could potentially be valued between $500B and $560B, or roughly eight to nine times its 2025 revenue. At that level, the platform's value would exceed the combined market worth of several major Hollywood players, including Disney, Comcast (NASDAQ:CMCSA), Warner Bros. Discovery (NASDAQ:WBD), Sony (NYSE:SONY), and Paramount Skydance (NASDAQ:PSKY). The research also suggests that ongoing advances in generative AI may allow creators to produce more impactful content while improving targeting and monetization tools across the platform.
Nazanin Zaghari-Ratcliffe is among three of Iran’s former political prisoners and more than 100 Iranians living in the UK who have urged the British prime minister not to get drawn further into the Iran conflict. They are all signatories in a letter to Keir Starmer saying the way the war is being conducted is strengthening the regime in Tehran. The letter acts as a counterpoint to those in the dia...
Nazanin Zaghari-Ratcliffe is among three of Iran’s former political prisoners and more than 100 Iranians living in the UK who have urged the British prime minister not to get drawn further into the Iran conflict. They are all signatories in a letter to Keir Starmer saying the way the war is being conducted is strengthening the regime in Tehran. The letter acts as a counterpoint to those in the diaspora backing Reza Pahlavi, the exiled son of Iran’s former pro-western monarch, and who support the attacks on Iran as a prelude to regime change. Pahlavi has offered to lead a democratic transition, but Trump has said he is looking for an internal candidate to lead the Middle Eastern country. In their letter, they say: “Nobody can claim to want the end of the Islamic republic more than we do. But attacking the country in this way will have the opposite effect. It will entrench the authoritarians and give life to the fiction that has sustained them internally for decades: that they are fighting western imperialism. “When Netanyahu – a man charged with international war crimes after killing countless civilians in Gaza – assassinates Iran’s dictator, that kills the man but immortalises the myth. Iranians wanted him tried and punished for his crimes, not given the martyr-ending he craved.” The 86-year-old supreme leader, Ali Khamenei,was assassinated along with many in his family in Israeli airstrikes on the first day of the war. He has been succeeded by one of his sons, Mojtaba Khamenei. In the letter, the group set out a series of peaceful and practical steps to help the internal opposition, including those held in prison, such as providing Starlink to end the continued communications blackout inside Iran. Zaghari-Ratcliffe, a British-Iranian dual national, was held in a jail on espionage charges mainly in Tehran for six years from 2016. Other signatories include the Iranian political prisoner Aras Amiri, a former British Council worker kept in jail for three years in Evin ...
It's time for investors to take their stock exposure up to the max now that the worst fears around the Iran oil spike are behind, according to HSBC. "Yesterday's price action is indicative of 'peak fear' to us with some of our positioning indicators flashing pandemic-type signs," Max Kettner, chief multi-asset strategist at HSBC, wrote in his upgrade of equities. "We are now max [overweight] equit...
It's time for investors to take their stock exposure up to the max now that the worst fears around the Iran oil spike are behind, according to HSBC. "Yesterday's price action is indicative of 'peak fear' to us with some of our positioning indicators flashing pandemic-type signs," Max Kettner, chief multi-asset strategist at HSBC, wrote in his upgrade of equities. "We are now max [overweight] equities and fade the moves from the last few days." Stocks rose Tuesday, building on the prior session — when the major averages staged a massive reversal on President Donald Trump's remarks that "the war is very complete, pretty much." Equities also got a boost as U.S. oil dropped 14% to $80 per barrel. Earlier in the week, it neared $120. Of course, investors remain skeptical that the selling is over. Not only is the S & P 500 is just 2.5% away from its record, volatility remains elevated. The Cboe Volatility Index (VIX) — also known as Wall Street's fear gauge — was last above 20, after topping 30 on Monday. .SPX 5D mountain SPX 5-day chart However, HSBC's Kettner is confident that the recent bout of panic selling since the start of the U.S.-Iran war will eventually go the same way as the market did during the Covid-19 pandemic, or after last year's April tariff announcement. In both instances, stocks shrugged off any worries and marched to all-time highs. "For us to turn bearish on risk assets now, we'd have to expect things to get even worse from here, not just stay the same," Kettner wrote. "The next few days and weeks might well bring renewed ups and downs. But the most important thing to us is that it's less bad than what we saw in Monday morning trading." The strategist expressed a preference for Asia and Europe over the U.S., and said that he's looking for asset classes that have overshot to the downside even as fundamentals remain in place. He's overweight Japan equities. "Simple playbook," he wrote. "Buy the stuff that sold off the most since the Middle East conflic...
Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That's why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, professional financial guidance, precious metals, and even self-directed retirement acco...
Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That's why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, professional financial guidance, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn't tied to the fortunes of just one company or industry. But that hasn’t deterred the company from halting its Bitcoin purchases. In fact, it has snapped up BTC every week since 2026 began, and recently marked its 100th purchase . The MSTR stock has tumbled nearly 60% over the past six months and became one of the most shorted large-cap U.S. stocks last month. Trending: Instead of buying someone else's ETF, build an index around your own thesis with Public's AI tools. Get started and see if you qualify for the 1% match. Moreover, Strategy's market valuation stands at $44.84 billion, while its Bitcoin holdings are valued at $48.28 billion. This means that the stock is trading at a discount to its net asset value. As of writing, Strategy has unrealized losses of $6.3 billion on Bitcoin, the asset it has been buying with convertible debt and equity. Renowned investor Ross Gerber responded to Michael Saylor on Sunday after the Strategy Inc. Chair said the company is gearing to buy more Bitcoin . Story Continues Rad AI Rad AI's award-winning artificial intelligence technology helps transform data chaos into actionable insights, enabling the creation of high-performing content with measurable ROI. Their Regulation A+ offering allows investors to participate at $0.85 per share with a minimum investment of $1,000, providing an opportunity to diversify portfolios into early-stage AI innovation. For investors seeking exposure to the ...
Investing.com -- Amazon.com Inc. attracted approximately $126 billion in peak demand for its US bond sale, marking one of the largest corporate offerings on record, according to a Bloomberg report Wednesday. The company is said to be targeting about $37 billion to $42 billion in this bond sale. The Amazon deal ranks behind the $129 billion in orders for Oracle Corp.’s bond sale last month, but exc...
Investing.com -- Amazon.com Inc. attracted approximately $126 billion in peak demand for its US bond sale, marking one of the largest corporate offerings on record, according to a Bloomberg report Wednesday. The company is said to be targeting about $37 billion to $42 billion in this bond sale. The Amazon deal ranks behind the $129 billion in orders for Oracle Corp.’s bond sale last month, but exceeds the $125 billion for Meta Platforms Inc.’s offering in October. Amazon is accessing the US high-grade debt market with an offering spanning as many as 11 tranches, ranging from two to 50 years. The company is also marketing an eight-part bond sale in the European high-grade primary market. The demand demonstrates continued investor appetite for hyperscaler debt despite rising uncertainty over the widening conflict in the Middle East and its potential impact on the US economy. JPMorgan Chase and Goldman Sachs are among the banks managing the offering, alongside with HSBC Holdings Plc and Citigroup Inc. Related articles Amazon bond sale reportedly draws $126B in investor demand These 2 stocks are best positioned to benefit from higher uranium prices: analyst This sector is 'poised for a big, beautiful year': Truist
The following companies are expected to report earnings after hours on 03/10/2026. Visit our Earnings Calendar for a full list of expected earnings releases. Oracle Corporation (ORCL)is reporting for the quarter ending February 28, 2026. The computer software company's consensus earnings per share forecast from the 11 analysts that follow the stock is $1.34. This value represents a 13.56% increase...
The following companies are expected to report earnings after hours on 03/10/2026. Visit our Earnings Calendar for a full list of expected earnings releases. Oracle Corporation (ORCL)is reporting for the quarter ending February 28, 2026. The computer software company's consensus earnings per share forecast from the 11 analysts that follow the stock is $1.34. This value represents a 13.56% increase compared to the same quarter last year. In the past year ORCL has met analyst expectations once and beat the expectations the other three quarters. Zacks Investment Research reports that the 2026 Price to Earnings ratio for ORCL is 25.30 vs. an industry ratio of 18.80, implying that they will have a higher earnings growth than their competitors in the same industry. Franco-Nevada Corporation (FNV)is reporting for the quarter ending December 31, 2025. The gold mining company's consensus earnings per share forecast from the 3 analysts that follow the stock is $1.68. This value represents a 76.84% increase compared to the same quarter last year. In the past year FNV has beat the expectations every quarter. The highest one was in the 3rd calendar quarter where they beat the consensus by 4.38%. Zacks Investment Research reports that the 2025 Price to Earnings ratio for FNV is 49.53 vs. an industry ratio of -19.50, implying that they will have a higher earnings growth than their competitors in the same industry. AeroVironment, Inc. (AVAV)is reporting for the quarter ending January 31, 2026. The aerospace and defense company's consensus earnings per share forecast from the 7 analysts that follow the stock is $0.68. This value represents a 126.67% increase compared to the same quarter last year. Zacks Investment Research reports that the 2026 Price to Earnings ratio for AVAV is 70.15 vs. an industry ratio of 50.80, implying that they will have a higher earnings growth than their competitors in the same industry. JOYY Inc. (JOYY)is reporting for the quarter ending December 31, 2025...
Bitcoin Vs Gold: ETF Flows Point To Early Capital Rotations Signs Authored by Biraajmaan Tamuly via CoinTelegraph.com, Bitcoin exchange-traded fund (ETF) flows have turned net positive over the past 30 days, while gold ETF demand has started to slow down after nine straight months of inflows. The shift comes even as gold prices remain elevated and sentiment around Bitcoin continues to cool. With t...
Bitcoin Vs Gold: ETF Flows Point To Early Capital Rotations Signs Authored by Biraajmaan Tamuly via CoinTelegraph.com, Bitcoin exchange-traded fund (ETF) flows have turned net positive over the past 30 days, while gold ETF demand has started to slow down after nine straight months of inflows. The shift comes even as gold prices remain elevated and sentiment around Bitcoin continues to cool. With these contrasting trends in ETF flows and the historical pattern of Bitcoin-to-gold performance cycles, analysts are now examining data that may signal a gradual shift in investor demand between the two assets. Are ETF flows beginning to rotate? According to the Kobeissi Letter, the largest US gold-backed ETF, GLD, recorded a $3 billion outflow on Wednesday, the largest daily withdrawal in more than two years. The move followed a 4.4% decline in gold prices, the sharpest drop since the Jan. 30 sell-off. Gold ETFs had attracted $18.7 billion in January and another $5.3 billion in February, marking the strongest two-month start to a year on record and extending a nine-month inflow streak. The latest outflow points to investors taking profits after gold’s massive rally in 2025. Bitcoin ETF flows moved in the opposite direction over the past month. The 30-day net flow shifted to a $273 million inflow on March 6 from a $1.9 billion outflow on Feb. 6 Bitcoin and gold net ETF inflows over the past 30-days. Source: bold.report The holdings data measured in native units show the divergence more clearly. Bitcoin ETF balances moved to a net increase of 4,021 BTC on March 6 from −42,275 BTC on Feb. 6. Gold ETF holdings declined from 1.4 million ounces to 621,100 ounces during the same period. The native units represent the actual underlying asset held by funds rather than the dollar value of those holdings. Tracking BTC or ounces isolates real accumulation or distribution without the distortion created by the price movements. Head of growth at Horizon, Joe Consorti, summarized the curre...
NVIDIA (NVDA) makes 'significant investment' into Mira Murati's Thinking Machines Lab company NVIDIA will invest heavily into Thinking Machines Labs in exchange for the company deploying at least one gigawatt of its Vera Rubin AI systems. In 2024, former OpenAI Chief Technology Officer Mira Murati left the company and formed an AI start-up of her own with Thinking Machines Lab. This week, it has a...
NVIDIA (NVDA) makes 'significant investment' into Mira Murati's Thinking Machines Lab company NVIDIA will invest heavily into Thinking Machines Labs in exchange for the company deploying at least one gigawatt of its Vera Rubin AI systems. In 2024, former OpenAI Chief Technology Officer Mira Murati left the company and formed an AI start-up of her own with Thinking Machines Lab. This week, it has announced that NVIDIA has made a “significant investment” into the group’s growth in exchange Thinking Machines deploying around 1 gigawatt of NVIDIA AI systems over the course of the multi-year deal. Thinking Machines Lab announced the deal and its details in a press release this week. There, Murati shared enthusiasm for NVIDIA’s investment in its long-term growth: NVIDIA’s technology is the foundation on which the entire field is built. This partnership accelerates our capacity to build AI that people can shape and make their own, as it shapes human potential in turn. Jensen Huang and Mira Murati were happy to share the deal between their respective companies, NVIDIA and Thinking Machines Lab. Source: Thinking Machines Lab Thinking Machines Lab didn’t share the actual monetary value of the deal on its side. We only know that it will build out at least a gigawatt of compute based on NVIDIA’s Vera Rubin AI systems. Murati has had clout in the AI industry, thanks to her long tenure in tech and particularly her stints at OpenAI and Tesla. Jensen Huang was happy to make a deal with Murati’s Thinking Machines Lab, as shared in a statement in the press release: AI is the most powerful knowledge discovery instrument in human history. Thinking Machines has brought together a world-class team to advance the frontier of AI. We are thrilled to partner with Thinking Machines to realize their exciting vision for the future of AI. This deal marks the latest in a line of several similar compute-expanding deal for NVIDIA. As we watch for more updates, stay tuned to the Artificial Intellige...
PeopleImages/iStock via Getty Images MYR Group Inc. ( MYRG ) is in a position of strength as the utilities sector targets $1.1 trillion in power transmission and distribution investments from 2025 to 2030, creating a substantial opportunity for durable, long-term growth. With new capacity for electrical equipment planned in the U nited States in the coming years, the supply chain for sourcing equi...
PeopleImages/iStock via Getty Images MYR Group Inc. ( MYRG ) is in a position of strength as the utilities sector targets $1.1 trillion in power transmission and distribution investments from 2025 to 2030, creating a substantial opportunity for durable, long-term growth. With new capacity for electrical equipment planned in the U nited States in the coming years, the supply chain for sourcing equipment may loosen up, providing tailwinds for new projects and potentially limiting project delays due to materials sourcing. Given the strong market dynamics, I am recommending MYRG shares with a "Strong Buy" rating with a price target of $344/share at 16.91x eFY27 EV/EBITDA. MYR Group Operations MYRG closed FY25 in a position of strength with a growing backlog and strong revenue conversion, driven by substantial demand for power transmission & distribution infrastructure in the U nited States . MYRG largely performs under master service agreements, making up 60% of the T&D segment’s revenue, providing the firm with stability and durability for work. Supporting future growth, MYRG closed FY25 with $2.82 billion in backlog, a 9% year-over-year increase, which was primarily attributable to the 25% backlog growth for the T&D market segment. MYRG closed q4’25 with a book-to-bill ratio of 1.17x and a ratio of 1.07x for all of FY25, suggesting stronger order intake regarding revenue generation. Corporate Filings The broader industry outlook remains exceptionally robust, with an estimated $1.1 trillion in investments going towards the grid over the next 5 years. Projects will largely be tied to enhancing and modernizing the grid, including transmission, distribution, control, communications, and other infrastructure. Accordingly, there is 91GW of capacity under construction with an additional 488GW planned or proposed that may develop over the next 5 years, adding to the existing 1,250GW of total grid capacity. Growth in demand is largely underpinned by large-scale data center dev...
For the second time, Vinay Prasad is set to leave the Food and Drug Administration. In a post on social media Friday, FDA Commissioner Marty Makary announced that Prasad will exit in April, adding that he got "a tremendous amount accomplished" during his year at the agency. Prasad's tenure was generally marked by controversy, but he is departing amid a cluster of self-destructive decisions. Those ...
For the second time, Vinay Prasad is set to leave the Food and Drug Administration. In a post on social media Friday, FDA Commissioner Marty Makary announced that Prasad will exit in April, adding that he got "a tremendous amount accomplished" during his year at the agency. Prasad's tenure was generally marked by controversy, but he is departing amid a cluster of self-destructive decisions. Those include a shocking rejection of an mRNA vaccine (which was over the objections of agency scientists and quickly reversed); a demand for an additional clinical trial on a gene therapy for Huntington's disease, which was widely seen as moving the goalpost for the therapy; his startling choice to publicly attack the maker of that gene therapy, UniQure; and alleged abuse of FDA staff, who say he created a toxic work environment . Read full article Comments