Oselote/iStock via Getty Images Elevator Thesis Eaton Corporation plc ( ETN ) is shifting its focus from a traditional industrial company to a stalwart in electrification and AI-driven data centers. Its electrical systems are in high demand because of the reliable power requirements of big data centers, grid upgrades, and infrastructure projects. This momentum can be seen in increased sales, impro...
Oselote/iStock via Getty Images Elevator Thesis Eaton Corporation plc ( ETN ) is shifting its focus from a traditional industrial company to a stalwart in electrification and AI-driven data centers. Its electrical systems are in high demand because of the reliable power requirements of big data centers, grid upgrades, and infrastructure projects. This momentum can be seen in increased sales, improved margins, and a backlog that provides clear insight into future orders. The management is reinforcing this shift by introducing changes in portfolios and discipline in operations. The intended spin-off of the mobility division will help Eaton focus on more profitable electrical and aerospace businesses. Meanwhile, recent leadership change brings experienced oversight at a time of high demand and strategic investment. That said, the stock itself is a challenge. Eaton is trading at a distinct premium to the industrial sector. A lot of the electrification and data-center narrative is already priced in, and it leaves little room for error in case growth slows down or projects slide. Overall, Eaton is a well-managed company with strong tailwinds, yet at the current price point and valuation, I would assign it a Hold right now. Eaton’s Shift Toward High-Growth Electrical Markets Eaton is repositioning itself around the booming sectors of the world infrastructure economy. Eaton recorded all-time high sales of $7.1 billion in Q4 2025 . Meanwhile, adjusted EPS increased 18% YOY to $3.33. Segment operating profit also hit a record high of $1.76 billion, and the margins rose to 24.9%. But the actual force behind this performance is its Electrical Americas segment. This segment produced quarterly sales of $3.5 billion, a 21% rise YOY. The operating profit clocked in at $1.046 billion, and the margins were close to 29.8%, making it the most profitable segment of the company. The notable aspect of this growth is the increase in demand by data centers. Eaton indicated that data center ...
(RTTNews) - The Canadian market is up firmly in positive territory Tuesday morning, lifted by strong gains in materials and financials stocks. The undertone is quite firm amid slightly easing concerns about inflation after crude oil prices fell from multi-year highs. Oil prices tumbled today, with near month West Texas Intermediate Crude futures trading down by as much as 11.5% at $83.93 a barrel....
(RTTNews) - The Canadian market is up firmly in positive territory Tuesday morning, lifted by strong gains in materials and financials stocks. The undertone is quite firm amid slightly easing concerns about inflation after crude oil prices fell from multi-year highs. Oil prices tumbled today, with near month West Texas Intermediate Crude futures trading down by as much as 11.5% at $83.93 a barrel. U.S. President Donald Trump's comments on Monday that the war in the Middle East could end soon contribute as well to the positive mood in the market. Trump claimed in a subsequent post on Truth Social that Iran would be hit "twenty times harder" if they do anything that stops the flow of oil within the Strait of Hormuz. "We will take out easily destroyable targets that will make it virtually impossible for Iran to ever be built back, as a Nation, again — Death, Fire, and Fury will reign upon them — But I hope, and pray, that it does not happen!" the President said. The benchmark S&P/TSX Composite Index is up 288.72 points or 0.87% at 33,478.04 a few minutes before noon. Riding on firm precious metals prices, several stocks from the materials sector have moved up sharply, lifting the Materials Capped Index up by about 2.56%. Silvercorp Metals, Vizsla Silver Corp., Aya Gold & Silver, Novagold Resources, Discovery Silver Corp., G Mining Ventures, Aris Mining Corporation, Eldorado Gold, Endeavour Silver Corp., Lundin Mining, First Majestic Silver, Teck Resources, 5N Plus, Ssr Mining, Perpetua Resources and Lundin Gold are up 4%-7%. Financials stocks Sprott Inc., Fairfax Financial Holdings and Great-West Lifeco are up 3.7%, 2.3% and 2.2%, respectively. Royal Bank of Canada, Intact Financial Corporation, Bank of Nova Scotia, Power Corporation of Canada, Canadian Imperial Bank of Commerce, Manulife Financial, and Bank of Montreal are gaining 1%-2%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc...
Micron Technology (MU) stock bounced back above its 50-day moving average line Monday and is showing strong accumulation ahead of its March 18 earnings report. Volatility skew is high on Micron due to the pending earnings announcement. Short-term options show higher implied volatility than long-term options. One way to take advantage of this is via a diagonal put spread. This strategy…
Micron Technology (MU) stock bounced back above its 50-day moving average line Monday and is showing strong accumulation ahead of its March 18 earnings report. Volatility skew is high on Micron due to the pending earnings announcement. Short-term options show higher implied volatility than long-term options. One way to take advantage of this is via a diagonal put spread. This strategy…
sankai/iStock via Getty Images Investment Thesis MercadoLibre Inc. (NASDAQ: MELI ) stock has demonstrated high volatility since missing EPS expectations for Q4’25, although the company continues to report strong revenue growth. The main reason behind the price decline is margin pressure. The present article examines why this margin pressure exists and how it is correlated with the company’s aggres...
sankai/iStock via Getty Images Investment Thesis MercadoLibre Inc. (NASDAQ: MELI ) stock has demonstrated high volatility since missing EPS expectations for Q4’25, although the company continues to report strong revenue growth. The main reason behind the price decline is margin pressure. The present article examines why this margin pressure exists and how it is correlated with the company’s aggressive investments to expand its ecosystem. Taking into consideration the company’s main risks factors, like competition and macroeconomic conditions, I rate the stock as BUY, due to its massive revenue and profit growth potential, and primarily its ability to lock customers into its ecosystem. Business Overview – MELI Isn’t “The Amazon of Latin America” Let me give an overview of the company’s segments in order to understand how exactly it operates. MELI has two main segments: Commerce and Fintech. Commerce segment is the leading e-commerce platform in Latin America and includes: Mercado Libre Marketplace, which is a platform where buyers can find various products from both third-party sellers (3P), and first-party (“1P”) sellers in selected categories. 1P means that MELI buys products itself and sells them to consumers, while 3P means that merchants sell their products via MELI’s platform. The company reported 24% YoY growth in Unique Active Buyers, reaching 83.2M in Q4’25. Mercado Envios, which offers logistics solutions for sellers and buyers, from product warehousing to delivery to the buyer’s location. Mercado Ads, which is a service where sellers can advertise their products both on- and off- MELI’s Marketplace platform. Mercado Shops, which is a tool where merchants can build their own e-shop, while using MELI’s logistics, ads and payments services -I will explain payments later. Q4’25 Investor Presentation The Fintech segment, via the Mercado Pago platform, offers a basket of financial products. Fintech is an ecosystem that provides solutions such as: Payments POS an...
DNY59/E+ via Getty Images I previously covered QUALCOMM ( QCOM ) ( QCOM:CA ) in November 2025, discussing why the market might have been too pessimistic about its well-diversified capabilities across the smart device, automotive, CPU, data center, and advanced robotics end markets, as observed in the overly discounted P/E valuations. Combined with the outsized handset and data center monetization ...
DNY59/E+ via Getty Images I previously covered QUALCOMM ( QCOM ) ( QCOM:CA ) in November 2025, discussing why the market might have been too pessimistic about its well-diversified capabilities across the smart device, automotive, CPU, data center, and advanced robotics end markets, as observed in the overly discounted P/E valuations. Combined with the outsized handset and data center monetization opportunities along with the management reiterating their FY2029 ambitious growth targets, I had reiterated my Buy rating then. In this article, I shall discuss why I am reiterating my Buy rating for the QCOM stock here, despite the near-term risks from the ongoing memory supply crunch on their handset growth prospects and their potentially delayed path to FY2029 growth targets. My optimism is attributed to QCOM's structurally robust prospects in its diversified end markets, the discounted valuations, the great insights from the established trading support since 2019, the robust shareholder returns through dividend incomes/share repurchases/outsized upside potential, and the healthier balance sheet. QCOM Faces Numerous Tailwinds & Headwinds QCOM 1Y Stock Price (Trading View) Since my last Buy rating, QCOM has underperformed expectations with a double digits correction against the sideways wider market, with a similar correction also observed in its semiconductor peers in varying degrees. Much of the headwinds are attributed to the cooling sentiments surrounding the AI trade worsened by the ongoing macroeconomic / geopolitical uncertainties , with it already triggering the ongoing market rotation to safe haven assets and value/dividend-oriented sectors over the past few months. Here is where QCOM's outsized exposure to the handset market at 63.8% of its FQ1'26 revenues (-1.1 points YoY) and 62.9% of its FY2025 revenues (-0.9 points YoY) has also been a bane, as observed in the management's underwhelming QCT handset revenue guidance of $6B for FQ2'26 (-23.2% QoQ/ -13.2% YoY )...
DNY59/E+ via Getty Images I previously covered QUALCOMM ( QCOM ) ( QCOM:CA ) in November 2025, discussing why the market might have been too pessimistic about its well-diversified capabilities across the smart device, automotive, CPU, data center, and advanced robotics end markets, as observed in the overly discounted P/E valuations. Combined with the outsized handset and data center monetization ...
DNY59/E+ via Getty Images I previously covered QUALCOMM ( QCOM ) ( QCOM:CA ) in November 2025, discussing why the market might have been too pessimistic about its well-diversified capabilities across the smart device, automotive, CPU, data center, and advanced robotics end markets, as observed in the overly discounted P/E valuations. Combined with the outsized handset and data center monetization opportunities along with the management reiterating their FY2029 ambitious growth targets, I had reiterated my Buy rating then. In this article, I shall discuss why I am reiterating my Buy rating for the QCOM stock here, despite the near-term risks from the ongoing memory supply crunch on their handset growth prospects and their potentially delayed path to FY2029 growth targets. My optimism is attributed to QCOM's structurally robust prospects in its diversified end markets, the discounted valuations, the great insights from the established trading support since 2019, the robust shareholder returns through dividend incomes/share repurchases/outsized upside potential, and the healthier balance sheet. QCOM Faces Numerous Tailwinds & Headwinds QCOM 1Y Stock Price (Trading View) Since my last Buy rating, QCOM has underperformed expectations with a double digits correction against the sideways wider market, with a similar correction also observed in its semiconductor peers in varying degrees. Much of the headwinds are attributed to the cooling sentiments surrounding the AI trade worsened by the ongoing macroeconomic / geopolitical uncertainties , with it already triggering the ongoing market rotation to safe haven assets and value/dividend-oriented sectors over the past few months. Here is where QCOM's outsized exposure to the handset market at 63.8% of its FQ1'26 revenues (-1.1 points YoY) and 62.9% of its FY2025 revenues (-0.9 points YoY) has also been a bane, as observed in the management's underwhelming QCT handset revenue guidance of $6B for FQ2'26 (-23.2% QoQ/ -13.2% YoY )...
is a senior editor and founding member of The Verge who covers gadgets, games, and toys. He spent 15 years editing the likes of CNET, Gizmodo, and Engadget. Posts from this author will be added to your daily email digest and your homepage feed. Last week, my colleagues discovered that Superhuman’s Grammarly had turned me into an AI editor, using my real name, without ever asking my permission. The...
is a senior editor and founding member of The Verge who covers gadgets, games, and toys. He spent 15 years editing the likes of CNET, Gizmodo, and Engadget. Posts from this author will be added to your daily email digest and your homepage feed. Last week, my colleagues discovered that Superhuman’s Grammarly had turned me into an AI editor, using my real name, without ever asking my permission. They did the same to my boss Nilay Patel, my colleagues David Pierce and Tom Warren, and — as Wired initially reported last Wednesday — many authors far more famous than us. Grammarly’s new “Expert Review” feature uses our names to give its AI suggestions credibility that they don’t deserve. Now, Grammarly has finally addressed the backlash — but not by apologizing, and not by walking the feature back. For now, it will graciously give us the chance to opt-out of something we didn’t know it was doing to begin with. Related Grammarly is using our identities without permission “Grammarly declined my request to interview CEO Shishir Mehrotra today,” writes my former colleague Casey Newton in the latest issue of Platformer. “But it told me that in response to criticisms, it will allow experts to opt out of the feature by emailing expertoptout@superhuman.com.” The company also provided this statement to Casey and to The Verge, from Alex Gay, Vice President of Product & Corporate Marketing at Superhuman: We’ve heard the feedback about this tool and appreciate the engagement from those who have taken the time to raise thoughtful questions about the functionality and the experts surfaced. We agree that the product experience can be improved for both users and experts. The agent was designed to help users discover influential perspectives and scholarship that add value to their work. We want the people behind those perspectives to have greater control over whether their name is used, while providing new ways for influential voices to reach new audiences. Our goal is to improve Expert Re...
Nvidia (NVDA) on Tuesday announced that it is forging a partnership with AI company Thinking Machines Lab that will see the chipmaker provide upwards of 1 gigawatt's worth of its next-generation Vera Rubin chips to the company. In a joint statement, Nvidia and Thinking Machines said the processors will be deployed early next year. The deal also calls for the two to "design training and serving sys...
Nvidia (NVDA) on Tuesday announced that it is forging a partnership with AI company Thinking Machines Lab that will see the chipmaker provide upwards of 1 gigawatt's worth of its next-generation Vera Rubin chips to the company. In a joint statement, Nvidia and Thinking Machines said the processors will be deployed early next year. The deal also calls for the two to "design training and serving systems for Nvidia architectures and broader access to frontier AI and open models for enterprises, research institutions, and the scientific community." Thinking Machines CEO Mira Murati founded the company in 2025 after leaving her role as CTO at OpenAI in 2024. She had briefly served as that company's CEO when its board ousted Sam Altman in 2023. Altman was ultimately reinstated, and the board underwent significant changes. Read more: The latest tech stock news and updates “Nvidia’s technology is the foundation on which the entire field is built,” Murati said in a statement. “This partnership accelerates our capacity to build AI that people can shape and make their own, as it shapes human potential in turn.” Nvidia has announced a deal to provide Thinking Machines Labs with 1 gigawatt of AI chips. (Thinking Machines Labs) · DEBS ARAJS Under the terms of the deal, Nvidia is also making a "significant investment" in Thinking Machines to "support the company's long-term growth." The firms didn't reveal the amount of the investment. Nvidia has been on a dealmaking spree as of late. On March 2, it announced agreements with Coherent (COHR) and Lumentum (LITE) to build optics technologies. In February, the company said it was entering a massive multiyear, multi-generational partnership with Meta (META). OpenAI also revealed that Nvidia would invest $30 billion in the company as part of its $110 billion fundraising round. The Thinking Machines deal, however, is also likely to raise concerns about circular investing in the AI industry, in which companies like Nvidia, AMD, and others...
Key Points Broad Bay bought 175,000 shares of Brinker International; estimated trade value $25.12 million based on the quarterly average price. Quarter-end value of the new EAT stake was $25.12 million, reflecting the full value of the share purchase during the period. The EAT position represents 2.63% of the fund’s 13F reportable assets under management. Post-trade position: 175,000 shares valued...
Key Points Broad Bay bought 175,000 shares of Brinker International; estimated trade value $25.12 million based on the quarterly average price. Quarter-end value of the new EAT stake was $25.12 million, reflecting the full value of the share purchase during the period. The EAT position represents 2.63% of the fund’s 13F reportable assets under management. Post-trade position: 175,000 shares valued at $25.12 million as of Dec. 31, 2025. 10 stocks we like better than Brinker International › What happened According to a Feb. 17, 2026, SEC filing, Broad Bay Capital Management, LP established a new position in Brinker International(NYSE:EAT), acquiring 175,000 shares. The estimated transaction value was $25.12 million, based on the average closing price during the quarter. The stake’s quarter-end value was $25.12 million, reflecting the full value of the share purchase as of Dec. 31, 2025. What else to know This is a new position, accounting for approximately 2.63% of Broad Bay’s 13F reportable assets under management as of Dec. 31, 2025. Top five holdings after the filing: Atlanta Braves Holdings : approximately $86.90 million (about 9.9% of AUM) Rocket Companies : approximately $80.29 million (about 9.2% of AUM) Applovin : approximately $67.50 million (about 7.7% of AUM) Cavco Industries : approximately $66.93 million (about 7.6% of AUM) AAR Corp : approximately $55.01 million (about 6.3% of AUM) As of March 9, 2026, shares of Brinker International were trading at $137.57, down approximately 1.2% over the past year and underperforming the S&P 500 by 19 percentage points. Company overview Metric Value Price (as of market close March 9, 2026) $137.57 Market capitalization $6.07 billion Revenue (TTM) $5.69 billion Net income (TTM) $454.10 million Company snapshot Brinker International operates casual dining restaurants under the Chili's Grill & Bar and Maggiano's Little Italy brands, generating revenue primarily from food and beverage sales. The company earns income throu...
(RTTNews) - Veeva Systems announced it has acquired Ostro for approximately $100 million in cash and long-term equity retention grants. Ostro provides an AI-driven brand engagement platform that enables patients and healthcare professionals to receive compliant answers and information through conversational chat interfaces on pharmaceutical brand websites. "AI has changed how people get informatio...
(RTTNews) - Veeva Systems announced it has acquired Ostro for approximately $100 million in cash and long-term equity retention grants. Ostro provides an AI-driven brand engagement platform that enables patients and healthcare professionals to receive compliant answers and information through conversational chat interfaces on pharmaceutical brand websites. "AI has changed how people get information. It's no longer about how much information you can put out there, it's about how easy it is for customers to get answers," said Veeva CEO Peter Gassner. "Ostro is leading the way in helping brands ensure patients and doctors have instant access to accurate information. We're excited to welcome Ostro to the Veeva team as we shape the future of AI-powered customer engagement." "We're focused on shortening the time it takes to identify and treat health conditions," said Chase Feiger, MD, CEO of Ostro. "Brand content should be effortless to access and fully compliant by design. We built Ostro to remove friction so patients and doctors can get trusted answers with less clicking, thinking, and scrolling. With Veeva, we can bring that experience to many more patients, doctors, and brands." Following the acquisition, Ostro will operate as an independent unit led by its CEO, Chase Feiger. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - Arcadis NV (ARCAY.PK) announced two project wins - LA Convention Center Modernization and Expansion program, and Clean Water Program project, having a combined value of over $18 billion. For the LACC Modernization and Expansion project, Arcadis will provide project and construction management support services for the $2.5 billion project, which is expected to create more than 15,000 jo...
(RTTNews) - Arcadis NV (ARCAY.PK) announced two project wins - LA Convention Center Modernization and Expansion program, and Clean Water Program project, having a combined value of over $18 billion. For the LACC Modernization and Expansion project, Arcadis will provide project and construction management support services for the $2.5 billion project, which is expected to create more than 15,000 jobs. Additionally, Arcadis will support the City of Los Angeles Department of Public Works Bureau of Engineering (BOE) through the Clean Water Program, a $7.5 million, five-year contract involving three key programs - Stormwater Capture Parks Program, Safe, Clean Water Program, and National Flood Insurance Program. Currently, Arcadis's stock closed at $42.00 on the OTC Markets. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
bombermoon/iStock via Getty Images FTC Solar ( FTCI ) +10.2% in Tuesday's trading after saying it signed a five-year, 1 GW expansion to its tracker supply agreement with Strata Clean Energy, to take effect in H2 2027. The companies previously teamed up for a three-year, 500 MW supply agreement for FTC Solar's ( FTCI ) Voyager 2P solar trackers for multiple project sites in the U.S. that was initia...
bombermoon/iStock via Getty Images FTC Solar ( FTCI ) +10.2% in Tuesday's trading after saying it signed a five-year, 1 GW expansion to its tracker supply agreement with Strata Clean Energy, to take effect in H2 2027. The companies previously teamed up for a three-year, 500 MW supply agreement for FTC Solar's ( FTCI ) Voyager 2P solar trackers for multiple project sites in the U.S. that was initiated in September 2024, which made the company Strata's preferred 2P solar tracker supplier for a three-year initial term. " We've seen meaningful labor efficiencies and cost savings from using FTC trackers," Strata Clean Energy CEO Markus Wilhelm said. "Their trackers are very easy to install, and we appreciate their continued focus on innovation and customer support." Two weeks ago , FTC Solar ( FTCI ) announced a three-year supply agreement to supply South African solar firm Lubanzi Inala with 840 MW of 1P and 2P solar trackers, beginning in mid-2026. More on FTC Solar FTC Solar Operations Improve But Has Entered Technical Default And Is Financially Risky FTC Solar Q4 2025 Earnings Call Presentation Seeking Alpha’s Quant Rating on FTC Solar
Image source: The Motley Fool. Tuesday, March 10, 2026 at 11 a.m. ET Call participants Chief Executive Officer — Jay Brown Chief Financial Officer — Brian Riley President — Evan Kasowitz Takeaways Accident quarter combined ratio -- 89.3% for the quarter, improving from 96.6% in the comparable period, enabling an $11 million underwriting profit. -- 89.3% for the quarter, improving from 96.6% in the...
Image source: The Motley Fool. Tuesday, March 10, 2026 at 11 a.m. ET Call participants Chief Executive Officer — Jay Brown Chief Financial Officer — Brian Riley President — Evan Kasowitz Takeaways Accident quarter combined ratio -- 89.3% for the quarter, improving from 96.6% in the comparable period, enabling an $11 million underwriting profit. -- 89.3% for the quarter, improving from 96.6% in the comparable period, enabling an $11 million underwriting profit. Net investment income -- $15.3 million, down from $16.1 million, generated from a portfolio with an average duration of one year and AA- credit quality. -- $15.3 million, down from $16.1 million, generated from a portfolio with an average duration of one year and AA- credit quality. Prior-year loss reserve adjustment -- $9 million increase represents one point two percent of year-end carried reserves, attributed to adverse development from terminated programs and New York City habitational risks. -- $9 million increase represents one point two percent of year-end carried reserves, attributed to adverse development from terminated programs and New York City habitational risks. Core Belmont gross written premium growth -- Nine percent increase driven by seventy-seven percent growth in assumed reinsurance, sixteen percent in Vacant Express, eight percent in Collectibles, and three percent in PennAmerica wholesale. -- Nine percent increase driven by seventy-seven percent growth in assumed reinsurance, sixteen percent in Vacant Express, eight percent in Collectibles, and three percent in PennAmerica wholesale. Overall reported premium -- Flat due to continued reduction of underperforming specialty programs, offsetting core growth. -- Flat due to continued reduction of underperforming specialty programs, offsetting core growth. PennAmerica premium growth -- Three percent increase for the year, down from eight percent growth over the first nine months, primarily due to reduced new business in the fourth quarter follo...
On February 17, 2026, Tensile Capital Management LP reported selling 384,415 shares of Vertex (VERX 3.15%) in the fourth quarter, an estimated $8.32 million trade based on quarterly average pricing. What Happened According to an SEC filing dated February 17, 2026, Tensile Capital Management LP sold 384,415 shares of Vertex in the fourth quarter of 2025. The estimated value of the shares sold is $8...
On February 17, 2026, Tensile Capital Management LP reported selling 384,415 shares of Vertex (VERX 3.15%) in the fourth quarter, an estimated $8.32 million trade based on quarterly average pricing. What Happened According to an SEC filing dated February 17, 2026, Tensile Capital Management LP sold 384,415 shares of Vertex in the fourth quarter of 2025. The estimated value of the shares sold is $8.32 million, based on the average closing price for the quarter. The quarter-end value of the stake declined by $26.01 million, reflecting both trading activity and stock price movement. What Else to Know Following the reduction, the position comprises 8.8% of 13F reportable AUM. Top five fund holdings after the filing: NYSE: LAD: $74.70 million (9.7% of AUM) NYSE: DKS: $70.84 million (9.2% of AUM) NASDAQ: VERX: $68.30 million (8.9% of AUM) NYSE: CCK: $63.04 million (8.2% of AUM) NYSE: VVV: $60.99 million (7.9% of AUM) As of February 17, 2026, shares were priced at $12.34, down 74.09% over the prior year. The position was previously 11.8% of the fund's AUM as of the prior quarter. Company Overview Metric Value Price (as of market close 2/17/26) $12.34 Market capitalization $1.97 billion Revenue (TTM) $748.44 million Net income (TTM) $7.21 million Company Snapshot Vertex provides tax technology solutions, including tax determination, compliance and reporting, tax data management, document management, and pre-built integrations, primarily delivered as software licenses and SaaS subscriptions. The company generates revenue through software sales, cloud-based subscriptions, implementation and training services, and tax returns outsourcing. Its primary customers are corporations in retail, communications, leasing, and manufacturing sectors, both in the United States and internationally. Vertex is a leading provider of tax technology software, serving a diverse base of corporate clients with scalable solutions for complex tax compliance needs. The company leverages a combination ...
Shares of IREN, Limited (IREN +1.00%) plunged 23.8% in February, according to data from S&P Global Market Intelligence. IREN has made a name for itself as one of the leading public "neoclouds," which are essentially Bitcoin (BTC +3.53%) miners that have pivoted to becoming AI data centers. During February, the company reported fourth-quarter earnings that continued to show solid progress on its tr...
Shares of IREN, Limited (IREN +1.00%) plunged 23.8% in February, according to data from S&P Global Market Intelligence. IREN has made a name for itself as one of the leading public "neoclouds," which are essentially Bitcoin (BTC +3.53%) miners that have pivoted to becoming AI data centers. During February, the company reported fourth-quarter earnings that continued to show solid progress on its transformation plan; however, it appears Wall Street was looking for bigger and better things amid the hype around AI computing. Expand NASDAQ : IREN Iren Today's Change ( 1.00 %) $ 0.39 Current Price $ 39.23 Key Data Points Market Cap $13B Day's Range $ 38.65 - $ 40.36 52wk Range $ 5.13 - $ 76.87 Volume 492K Avg Vol 38M Gross Margin 26.67 % No deal announcement sends shares spiraling In the fourth quarter, IREN reported revenue of $184.7 million, up 59% year-over-year, while adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) rose 20.7% to $75.3 million. While both figures showed strong growth on a year-over-year basis, both revenue and EBITDA actually fell quarter over quarter. But this is due to IREN's deliberate strategy of decreasing its Bitcoin mining operations and investing in AI infrastructure. Moreover, Bitcoin prices fell both in the fourth quarter and in the current quarter, exacerbating the decline. However, more than any financial data point, investors might have been disappointed that IREN didn't announce any new large-scale neocloud deals like the one it signed with Microsoft (MSFT 0.94%) back in November. Iren's stock had risen during January, so it's possible that investors had been expecting another large-scale deal. Still, management doesn't seem overly concerned about demand. CEO Daniel Roberts noted on the call with analysts that the company was seeing "multiple advanced negotiations underway for larger-scale deployments." IREN also secured another 1.6 GW of grid-connected land in Oklahoma, increasing its total capacity to 4...
Key Points IREN delivered earnings during February that garnered a negative reaction. However, there were several big positives announced on the earnings release. But a lack of a big, splashy new deal announcement sent shares down after a strong January. 10 stocks we like better than Iren › Shares of IREN, Limited (NASDAQ: IREN) plunged 23.8% in February, according to data from S&P Global Market I...
Key Points IREN delivered earnings during February that garnered a negative reaction. However, there were several big positives announced on the earnings release. But a lack of a big, splashy new deal announcement sent shares down after a strong January. 10 stocks we like better than Iren › Shares of IREN, Limited (NASDAQ: IREN) plunged 23.8% in February, according to data from S&P Global Market Intelligence. IREN has made a name for itself as one of the leading public "neoclouds," which are essentially Bitcoin (CRYPTO: BTC) miners that have pivoted to becoming AI data centers. 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 » During February, the company reported fourth-quarter earnings that continued to show solid progress on its transformation plan; however, it appears Wall Street was looking for bigger and better things amid the hype around AI computing. No deal announcement sends shares spiraling In the fourth quarter, IREN reported revenue of $184.7 million, up 59% year-over-year, while adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) rose 20.7% to $75.3 million. While both figures showed strong growth on a year-over-year basis, both revenue and EBITDA actually fell quarter over quarter. But this is due to IREN's deliberate strategy of decreasing its Bitcoin mining operations and investing in AI infrastructure. Moreover, Bitcoin prices fell both in the fourth quarter and in the current quarter, exacerbating the decline. However, more than any financial data point, investors might have been disappointed that IREN didn't announce any new large-scale neocloud deals like the one it signed with Microsoft (NASDAQ: MSFT) back in November. Iren's stock had risen during January, so it's possible that investors had been expecting another large-scale deal. Still, manageme...
Technology stocks, as measured by the have been the best-performing of the 11 major groups in the S&P 500 over the past week. On Monday, the formed a bullish engulfing candle off its upward-sloping 200-day simple moving average, signaling a potential reset for a move higher.
Technology stocks, as measured by the have been the best-performing of the 11 major groups in the S&P 500 over the past week. On Monday, the formed a bullish engulfing candle off its upward-sloping 200-day simple moving average, signaling a potential reset for a move higher.
OGULCAN AKSOY/iStock Editorial via Getty Images Introduction The last time I covered Abercrombie & Fitch ( ANF ), I highlighted their double-digit buyback yield, excellent financial health, and strong performance while developing despite ongoing macro headwinds. Following yet another solid quarter and good 2026 guidance, ANF is upgraded back to a Strong Buy, as the company’s financials remain very...
OGULCAN AKSOY/iStock Editorial via Getty Images Introduction The last time I covered Abercrombie & Fitch ( ANF ), I highlighted their double-digit buyback yield, excellent financial health, and strong performance while developing despite ongoing macro headwinds. Following yet another solid quarter and good 2026 guidance, ANF is upgraded back to a Strong Buy, as the company’s financials remain very strong, with a spotless balance sheet that supports their double-digit buybacks, standing to benefit from a potential recovery in the broader industry while coming at a more attractive valuation following the recent falls. Internal Developments Abercrombie & Fitch IR ANF reported a strong Q4 and 2025 overall, with the quarter beating the market’s non-GAAP EPS estimates and delivering $1.67 billion in revenue (in line with expectations), continuing the strong performance seen in recent years and delivering record Q4 sales for the 13th consecutive quarter of net sales growth. Regarding the guidance, we can see ANF expecting between 3% and 5% growth in net sales in 2026, an EPS between $10.2 and $11.00, but a drop in operating margin to about 12% to 12.5% (from 13% in 2025), including a ~$40 million impact from tariffs (at the rate after the post-Supreme Court decision increase), while recently announcing a new collection for babies and toddlers (expanding sizes to include newborn to 5T), which I believe has very significant potential in the long term. Meanwhile, ANF expects around 30 net store openings in 2026 (55 openings, 25 closures) and 70 remodels, while CAPEX would reach between $200 million and $225 million, a solid decrease compared to ~$240.77 million in 2025 as the company is adapting to the environment. Abercrombie & Fitch IR Financially, based on ANF’s latest report , we continue to see an excellent position, with the current assets covering their current liabilities, virtually no long-term debt, and also a very strong ~$760 million in cash and equivalents that s...
This article first appeared on GuruFocus. Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) shares rose 1.24% in pre-market after the company reported strong sales growth at the start of the year. The company said revenue for January and February totaled NT$718.9 billion ($22.6 billion), up 30% from a year earlier. February sales increased 22% year over year, though the comparison was affected by ...
This article first appeared on GuruFocus. Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) shares rose 1.24% in pre-market after the company reported strong sales growth at the start of the year. The company said revenue for January and February totaled NT$718.9 billion ($22.6 billion), up 30% from a year earlier. February sales increased 22% year over year, though the comparison was affected by the timing of the Lunar New Year, which fell in January 2025 and shifted production schedules. TSMC manufactures chips for companies including Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD), and Broadcom (NASDAQ:AVGO) and is often seen as a barometer for global semiconductor demand, particularly in artificial intelligence infrastructure. The figures capture demand through February, before the US-Israel strike on Iran introduced new uncertainty around the pace of global data center construction, particularly in the Gulf region. Major technology companies including Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), Amazon (NASDAQ:AMZN), Meta Platforms (NASDAQ:META), and Microsoft (NASDAQ:MSFT) have collectively earmarked more than $650 billion in capital spending this year to expand AI infrastructure. At the same time, investors continue to debate whether the rapid buildout could eventually lead to overcapacity as the industry scales.