GE Aerospace has announced its partnership with AI giant Palantir for a U.S. defense contract.

GE Aerospace Is Linking Up with Palantir. Should You Buy GE Stock Here? Yahoo Finance

【有線新聞】美伊新一輪核談判今天在瑞士日內瓦舉行，據報美國要求任何與伊朗簽署的協議不設日落條款。 美國傳媒引述中東問題特使威特科夫稱華府要求伊朗同意任何未來的核協議都要無限期有效，又指目前談判關鍵問題圍繞伊朗能否境內進行鈾濃縮，以及如何處理現有濃縮鈾庫存。 另一方面，伊朗外長阿拉格齊回應美國總統特朗普在國情咨文聲稱伊朗正在研製很快能打到美國的導彈的說法是假新聞，表示有意將導彈射程限制在2,000公里內，並只用於防禦和威懾，而非構成全球威脅。

Nvidia (NVDA) Earnings Loom as Tech Stocks Face Worst Start Since 2022 Quiver Quantitative

Earnings Call Insights: Par Pacific Holdings (PARR) Q4 2025 Management View William Monteleone, President and CEO, opened the call highlighting that “2025 was a year of meaningful progress. We navigated challenges, advanced key strategic initiatives, and generated substantial profits along the way. Full year adjusted EBITDA was $634 million, and adjusted net income was $7.56 per share.” He emphasized structural improvements, the execution of major turnaround activity, restoration of Wyoming operations, commissioning of the Hawaii Renewables unit, and delivery on cost reduction commitments. Monteleone noted, “We ended the year with approximately $915 million in liquidity and 49.7 million shares outstanding, improving liquidity by 49% and reducing our share count by 10%.” Strategic priorities for 2026 were outlined as improving Rocky Mountain asset earnings, executing a Hawaii turnaround, optimizing the renewables unit, and maintaining disciplined capital allocation. Richard Creamer, EVP of Refining & Logistics, called 2025 a year of “significant operational progress,” with record refining throughput of 188,000 barrels per day led by Hawaii. He noted, “The Montana team executed their largest-ever turnaround and reported record quarterly throughput of 58,000 barrels per day.” Shawn Flores, CFO, reported fourth quarter adjusted EBITDA of $113 million and adjusted net income of $60 million, or $1.17 per share. Flores stated, “With improving market conditions and reduced capital requirements, we are entering 2026 from a position of financial strength with the flexibility to invest in growth, maintain a strong balance sheet and opportunistically repurchase shares.” Outlook Management expects Hawaii throughput between 85,000 and 89,000 barrels per day and Washington between 24,000 and 28,000 barrels per day for Q1 2026, reflecting planned outages and seasonality. Wyoming is forecasted at 13,000 to 16,000 barrels per day and Montana between 52,000 and 56,000 barrels per day,...

Earnings Call Insights: Postal Realty Trust (PSTL) Q4 2025 Management View CEO Andrew Spodek stated that "in 2025, we exceeded expectations on all fronts. Our results reflect the stability and growth inherent in our portfolio of critical logistics infrastructure leased to the U.S. Postal Service and our unique operating approach." He emphasized that the company "grew our asset base by approximately 20% last year, increasing our gross real estate value by 10x since IPO." The CEO highlighted a strong acquisition pipeline, noting that initial 2026 guidance is $115 million to $125 million in acquisitions at a mid-7% weighted average cap rate, fully funded by recent capital markets activity. Spodek also cited a recent upsize of the company’s revolver and successful equity raising as factors bolstering liquidity, which now totals $271 million. CFO Stephen Bakke reported "AFFO per share of $0.33 for the fourth quarter of 2025, bringing full year AFFO per share to $1.32. This was at the high end of our most recent guidance and represents growth of 13.8% for the year." Bakke added, "acquisitions totaled $123.1 million, slightly ahead of our December guidance and nearly $40 million above the midpoint of our guidance at the start of the year." He stated that "our 2025 same-store cash NOI performance was 8.9%." Bakke provided 2026 guidance of AFFO per share between $1.39 and $1.41, representing 6.1% growth at the midpoint, and indicated an updated leverage target for net debt to adjusted EBITDA to below 6x from a prior target of below 7x. President Jeremy Garber gave an update on leasing, stating "as of today, we have executed all new leases for properties that expired in 2025, except for 5 properties acquired during 2025 and 1 acquired in holdover status during 2026." Garber explained that "53% of our portfolio rent is subject to annual rent escalations and 37% consists of leases with 10-year terms based on executed and agreed-upon leases as of February 13." Outlook Management...

Earnings Call Insights: Aspen Aerogels (ASPN) Q4 2025 Management View CEO Donald Young reported that “throughout 2025 and into 2026, we streamlined the organization, lowered our fixed cost base, strengthened liquidity and positioned Aspen to operate effectively in a resetting EV market.” He highlighted that U.S. EV sales declined sharply in Q4, with GM reducing its EV production rates. Young explained, “We expect GM and other North American EV OEMs will determine the demand for EVs absent incentives and regulation during the first half of 2026 and align inventory and production rates based on the new market conditions.” Young outlined that European demand for the PyroThin thermal barrier segment remains robust, stating, “Battery electric vehicles now represent over 20% of new vehicle registrations in the region.” He disclosed that the previously announced battery design award is from Volvo Car, bringing total European OEM design wins to seven. Young stated, “We anticipate securing an additional award during the year.” On the Energy Industrial segment, Young said, “We believe 2026 growth in this segment could reach 20%, supported by 3 primary drivers,” including renewed subsea project activity, LNG market growth, and pent-up maintenance demand. He added, “We are off to a good start in 2026 with our first award win for an attractive North Sea subsea pipeline project, which we expect to deliver in Q3.” Young announced a strategic review to maximize shareholder value, emphasizing, “This review is a disciplined evaluation of our strategic options. Importantly, it is being conducted from a position of financial strength and operational progress.” CFO Grant Thoele stated, “Fourth quarter revenue was $41.3 million, including $25.3 million in Energy Industrial and $16.1 million in Thermal Barrier. GAAP net loss was $72.9 million and adjusted EBITDA was negative $18 million.” Thoele noted that gross margin was “materially impacted by lower production volumes and certain discr...

Earnings Call Insights: Steven Madden, Ltd. (SHOO) Q4 2025 Management View Edward Rosenfeld, Chairman & CEO, opened by stating, "Pleased to have delivered above guidance earnings results for the fourth quarter, driven by improved performance in our core Steve Madden footwear business as well as a strong contribution from the newly acquired Kurt Geiger." Rosenfeld emphasized resilience amid a challenging year, largely impacted by new tariffs on imports, and highlighted the company's swift mitigation efforts and continued focus on strategic growth. Rosenfeld detailed, "Steve Madden, Steve and his design team created outstanding product assortments that resonated with consumers and led to a significant acceleration in demand in the back half, particularly in our core category of women's footwear, momentum that has continued into early 2026." The company reported a "significant acceleration in demand" for women's footwear, a return to revenue growth in Q4 for the Steve Madden brand, and ongoing momentum into early 2026. Rosenfeld noted, "Online searches for Steve Madden increased 10% year-over-year in Q4 and have accelerated further in early 2026." The acquisition of Kurt Geiger was described as a "highlight in 2025," with integration progressing as planned. Rosenfeld added, "On a pro forma basis, revenue in the Kurt Geiger London brand grew 11% in 2025, and we expect similar growth in 2026." Rosenfeld acknowledged pressure in the private label business: "Private label revenue decreased 15% in 2025 and we expect a further decline of nearly 20% in 2026." Zine Mazouzi, CFO & Executive VP of Operations, stated, "In the fourth quarter, our consolidated revenue was $753.7 million, a 29.4% increase compared to the fourth quarter of 2024. Excluding the newly acquired Kurt Geiger, consolidated revenue decreased 1.4%." Outlook Mazouzi shared, "We expect revenue for the full year 2026 to increase 9% to 11% compared to 2025. For the first quarter of 2026, we expect revenue to incr...

Image source: The Motley Fool. Wednesday, Feb. 25, 2026 at 10 a.m. ET Need a quote from a Motley Fool analyst? Email pr@fool.com Continue reading

Spencer Platt/Getty Images News A U.S. District Court judge in Texas dismissed Exxon Mobil's ( XOM ) defamation lawsuit against environmental groups the company had accused of trying to sabotage its recycling business, but the judge allowed a parallel case against California’s attorney general to proceed, The New York Times reported Wednesday. Exxon ( XOM ) had accused the environmental groups of defamation and business disparagement after California AG Rob Bonta filed a lawsuit saying the company carried out a "decades-long campaign of deception" that played a part in the global plastic pollution crisis. Bonta's lawsuit took particular issue with Exxon’s ( XOM ) statements about "advanced recycling" and said the company should create a pollution abatement fund and refrain from "any further false or misleading statements about plastics recycling." Four California nonprofits filed a parallel lawsuit making the same claims. Exxon ( XOM ) responded with a countersuit that claimed California officials were seeking to blame the industry for their own decades-long failure to run an effective recycling program. The company claimed the AG and the non-profits were one-time proponents of recycling who had done an “about-face” at the behest of Australian mining magnate and Fortescue Metals ( FSUMF ) founder Andrew Forrest, who was a business competitor with a grudge against Exxon ( XOM ) and an outspoken critic of fossil fuel use. More on Exxon Mobil Exxon Mobil: A Strong Developing Asset Portfolio Exxon Mobil: Prepare For A Potential $90 Oil Price Scenario Exxon Mobil: It's A Buy Says Valuation, But I'm Weighing Technical Caution

格隆汇2月25日｜欧洲央行当地时间周三批准任命鲍里斯·武伊契奇为新任副行长，任期八年，自6月起生效。武伊契奇目前担任克罗地亚央行行长，上月由欧元区财长选定为欧洲央行副行长。

格隆汇2月26日丨据CCTV国际时讯，美国最高法院近日裁定美国政府的大规模关税政策非法，多家美国媒体日前披露说，美国政府正准备援引其他法律条款对多个行业产品加征新的关税。在美国最高法院作出相关裁决之后，包括美国联邦快递公司、开市客、锐步等大型美国企业在内的上千家企业在美国国际贸易法院提起诉讼，要求政府返还已缴纳的关税。纽约州、加利福尼亚州和伊利诺伊州等州政府也向联邦政府提出退还关税的要求。

PayPal triggered a LULD halt after a report that Stripe is in talks to buy some or all of the company. Here’s how it reshapes the bull and bear case.

美股房屋建筑商股票大幅下挫，标普综合1500房屋建筑指数一度下跌5.2%，为4月10日以来最大盘中跌幅。投资者评估劳氏和家得宝等公司对住房前景的悲观看法，以及美国总统特朗普在国情咨文演讲中未公布任何新的住房支持政策。

美国倾向于发放特别许可证，从而倒卖委内瑞拉石油给古巴。

Getty Images By James Picerno The slower-than-expected growth rate for the US economy in Friday’s fourth-quarter GDP report suggests the Federal Reserve may cut rates sooner than expected. But Fed funds futures continue to price in a pause for the next two policy meetings. Support for this outlook comes from expectations for a rebound in economic growth for this year’s first quarter, along with a slightly softer inflation trend for January. Nowcasts from various sources point to a pickup in Q1. The Atlanta Fed’s GDPNow model , for example, is currently estimating a 3.1% annualized increase for GDP (as of February 20) for the first quarter, more than double the 1.4% rise reported for Q4 . Part of the reason for the weaker advance in last year’s final quarter was the temporary effects of the government shutdown. If growth is firming in Q1, the rationale for rate cuts is less compelling, all else equal. Perhaps that’s why Fed funds futures are still pricing in high odds for no change in the central bank’s target rate for the next two policy meetings in March and April. By June, the odds for a rate cut shift to a coin flip. Policy Tightness Eases as Inflation Cools TMC Research’s Fed funds model continues to show policy as modestly tight, but far less so than in recent history. The current spread between our model and the effective Fed funds rate has fallen to roughly 30 basis points, or half as much as a month ago and the lowest in nearly a year. The Fed’s hawkish stance, in other words, has faded, primarily due to softer inflation reported for January. The consumer price index (CPI) rose 2.4% in January vs. the year-ago level, the lowest since May. The current trend for CPI puts it close to the Fed’s 2% target rate. The combination of expected firming in economic activity and the latest downshift in CPI inflation lays the foundation for anticipating steady Fed policy for the near term. A market-based profile also points to a stable Fed funds rate for the near term, ac...

Software Stocks: Navigating The SaaSpocalypse Authored by Michael Lebowitz via RealInvestmentAdvice.com, The recent rotation from growth to value is well documented. While the return divergences between, for instance, technology stocks and materials or industrials stocks are significant, they do not tell the whole story. There are also extreme return differentials between broad industries and their sub-industries. In this article, we address one such divergence between the broad technology sector and the software-as-a-service (SaaS) sub-industry. The graph below shows the wide gap in returns between software, technology, the Nasdaq 100, and semiconductor stocks. Since the well-followed software ETF (IGV) peaked on September 19, 2025, it has fallen 30%. For context, the broad technology indexes (XLK and QQQ) are flat over the period, and the semiconductor ETF (SMH) is up 30%. Narratives Drive Passive Flows Behind every good stock or index move is a narrative. The narrative is the market’s collective explanation for why prices move. Most narratives have some truth, some degree of speculation, and include some falsehoods. The job of an individual or professional investor is to understand the narratives driving money flows, assess their accuracy, and trade accordingly. As if evaluating the validity of narratives weren’t hard enough, we must also consider that many narratives are, to some degree, based on expectations, in which no one knows what the future holds with certainty. The bearish software narrative, known as “SaaSpocalypse,” which is the market rationale for big drawdowns in many software stocks, has some truths, lots of speculation, and falsehoods. Let’s explore the narrative, some counterpoints, and assess whether software stocks are a steal or, as some claim, on their way to zero. The SaaSpocalypse Narrative The “SaaSpocalypse” story holds that the current AI wave poses a significant threat to traditional software companies because AI changes how software is...

Source: Bloomberg, 3:26

Getty Images Golden n eocloud player, CoreWeave, Inc. ( CRWV ), is set to report its Q4 '25 results after the bell this Thursday. The report will come a day after Nvidia’s ( NVDA ) print schedule for Wednesday. There’s no mistake that CoreWeave’s performance is deeply tied to the larger AI narrative and specifically Nvidia (most visibly in the $2B investment late last month). A lot hangs in the balance with this upcoming print from CoreWeave, specifically on the FY26 guide. We’re revisiting our thesis on CoreWeave heading into its last print of FY25, after the disastrous Q3 print and subsequent stock crash, because we see things working in CoreWeave’s favor this quarter. For a quick refresher: CoreWeave stock crashed after its Q3 print on November 10th, shedding almost 35% over the ten days that followed. The stock has yet to recover from that pullback, down 6% since the Q3 print, and is currently hovering around $99 per share. The crash came after management lowered its annual revenue outlook from $5.15B-$5.35B to $5.05B-$5.15B, trailing estimates for $5.29B. The company also reported a disappointing operating income margin of 4%, missing estimates of 6.5% and declining from the year-ago quarter. The justification CEO Michael Intrator gave for the lowered outlook at the time was as follows: We are affected by temporary delays related to a third-party data center developer who is behind schedule…we maintain the total value of the original contract. These supply chain delays have been priced into the stock and should show more in the rearview mirror heading into FY26 and the next-gen ramp. For the quarter, CoreWeave exited Q3 with a $55.6B backlog, doubling Y/Y and surging materially Q/Q from $30.1B, largely due to the $14.2B deal closed with Meta Platforms ( META ) in September and the $6.5B deal with OpenAI ( OPENAI ). From our standpoint, it looks like all of CoreWeave’s chips are on the table for now, and we believe the trajectory for 2026 holds fewer risks that ...

专题：聚焦美股2025年第四季度财报 鞋履与手袋制造商史蒂夫・马登（Steven Madden）周三宣布，因近期关税政策前景不明，暂不发布 2026 年盈利预期。这是上周最高法院裁定特朗普关税政策违宪后，企业为应对华盛顿下一步举措而出现的首批明显动荡迹象。 美国最高法院作出一项可能对全球经济产生重大影响的里程碑式裁决，驳回了特朗普总统依据一项仅适用于国家紧急状态的法律所推行的全面关税政策。 裁决公布后，美国于周二开始对全球进口商品征收 10% 的临时新关税，但一名白宫官员表示，特朗普政府正推动将该税率上调至 15%。 消费类企业是特朗普关税政策反复无常的最大受害者之一，去年已有多家企业被迫撤回财务指引或下调业绩预期。 特尔西咨询集团（Telsey Advisory Group）分析师在报告中指出：“鉴于美国关税环境瞬息万变、税率最终水平尚不确定，企业缺乏业绩能见度是可以理解的。” 史蒂夫・马登公布今年营收预计增长 9%-11% 后，周三早盘股价下跌约 2%。该公司 2025 年营收增幅为 11%，而路孚特（LSEG）数据显示，分析师此前预期其 2026 年营收增长 10.5%。 去年 4-5 月，美国对中国进口商品征收 145% 关税后，史蒂夫・马登将大量产能迁出中国。这一举措导致零售商削减订单，并在第三季度对公司 毛利率 造成压力。 公司首席执行官爱德华・罗森菲尔德（Edward Rosenfeld）在财报电话会议上表示，目前公司约 40% 的产品产自中国，略高于 2025 年秋季的 30%；而 2024 年时，这一比例超过 70%。 该公司还在柬埔寨、越南、墨西哥和巴西等地区推进产能多元化布局。 史蒂夫・马登去年 7 月也曾暂缓发布 2025 财年全年业绩预期。 这家总部位于纽约的公司公布第四季度营收为 7.537 亿美元，略低于市场预期的 7.539 亿美元。 责任编辑：郭明煜

Reliance restructures REIL as Meta buys 30% stake in ₹853 crore deal Mathrubhumi English

MikeMareen/iStock via Getty Images Global private equity and venture capital investment in aerospace and defense companies reached $10.63 billion globally in 2025, more than double the $4.88 billion total recorded in 2024, as deal value in Europe soared, according to S&P Global Market Intelligence data. The value of private equity aerospace and defense deals in Europe, including the UK, increased about 4.8 times year over year to $658.8 million, as a ramp-up in defense spending in the region, driven by the four-year conflict in Ukraine, created deal opportunities. "The reality is that the [European defense] sector has been underinvested in for arguably the last 20 years, maybe even longer — really, going back to the 1990s and the end of the Cold War. They're really trying to get up to speed, and we think there's an opportunity there in terms of the increased defense budgets," said Caleb Clark, a senior partner at middle-market private equity firm ATL Partners. Europe's changing tide In 2025, European NATO member states pledged to boost defense spending gradually to 5% of GDP by 2035. Defense spending of the 27 members of the EU is projected to climb to €392 billion in 2025 from €343 billion in 2024, according to the European Defense Agency. In Germany, Europe's largest economy, lawmakers approved a €500 billion infrastructure and defense spending package in 2025. European private equity managers who previously invested in both aerospace and defense are now tilting more toward defense, said Dafydd Evans, a London-based managing director in the investment banking practice at Kroll LLC. In the UK, fund rules and regulations are some factors that have limited defense sector investments. "We're still quite hesitant to invest in pure-play defense opportunities [in the UK]. That being said, the tide is changing," Evans said. "In last 12 months, [there have been] new funds in the UK raised specifically to invest in defense, where more conventional [private equity] funds did...

Source: Bloomberg, 10:46

bo feng/iStock via Getty Images The following segment was excerpted from the Columbia Balanced Fund Q4 2025 Commentary. Notable relative contributors Eli Lilly and Company ( LLY ) – Lilly delivered exceptional performance over the period, driven by sustained strength in its diabetes and obesity portfolio. Robust demand for Mounjaro and Zepbound reinforced its leadership in the GLP-1 category, while anticipation for orforglipron's launch added further optimism. Strategic inventory expansion and positive comparative data strengthened investor conviction in Lilly's long-term growth trajectory. With a deep pipeline and expanding global reach, Lilly remains positioned to capture significant share in the growing metabolic health market. Applied Materials ( AMAT ) – Applied Materials outperformed during the quarter, as AI-driven wafer-fab investment and advanced packaging needs sustained orders and backlog visibility. The company introduced next-generation manufacturing systems for memory and logic, reinforcing its leadership in materials engineering. Strong execution across high-bandwidth memory and logic segments supported growth, despite export policy uncertainties. Its ability to enable next-generation computing architectures positions Applied Materials as a critical supplier in the semiconductor ecosystem. Alphabet ( GOOGL ) – Alphabet delivered strong performance during the period, as enthusiasm around its AI leadership and cloud momentum drove investor sentiment higher. The company's third-quarter results reinforced confidence in core fundamentals, with Search and YouTube continuing to outperform while Cloud accelerated meaningfully. Excitement peaked following the debut of Gemini 3, Google's next-generation AI model, which garnered industry praise and showcased superior performance across reasoning and coding tasks. Additional tailwinds came from a major cloud infrastructure win with NATO, underscoring Alphabet's ability to pair innovation with scale and deepen its...

The price of silver has been highly volatile this year. After a historic rally in 2025 that sent the price of the white metal from about $31 an ounce in January 2025 to $115 an ounce in January of this year, the price of silver plummeted over the first few weeks of February to under $74 an ounce. That's a drop of more than a third from its recent high. Analysts attributed the sell-off to a drop in demand for silver at the higher price level, as well as investor nervousness about the AI boom, which had helped drive silver's price higher for a year. But the price of silver is climbing again. It's back near $88 an ounce as of Monday, Feb. 23. Why is it climbing again? And should you invest now? Continue reading

MarineMax ( HZO ) pushed higher in late Wednesday morning trading after Reuters reported that private equity firms, strategic investors, and wealthy individuals have all expressed interest in buying the company or pieces of it. Sources indicated that Blackstone and Centerbridge Partners are two of the interested parties. The boat retailer has sent out confidentiality agreements allowing the potential bidders to review documents and receive other information as they look to tailor their offers. Earlier this week, MarineMax said that it remains committed to carefully evaluating any credible proposal that could improve shareholder value. Shares of MarineMax ( HZO ) were up 5.0% at 11:22 a.m. and are 23.6% higher on a year-to-date basis. More on MarineMax MarineMax, Inc. 2026 Q1 - Results - Earnings Call Presentation MarineMax, Inc. (HZO) Q1 2026 Earnings Call Transcript MarineMax: The Ride Risks Getting Bumpy (Rating Downgrade) MarineMax responds to Donerail Group letter to shareholders MarineMax gains after Donerail confirms non-binding offer to buy for $35 a share

Image source: The Motley Fool. Feb. 25, 2026 10 a.m. ET Need a quote from a Motley Fool analyst? Email pr@fool.com Continue reading

“Enough is enough,” the billionaire hedge-fund founder said, accusing Whirlpool of squandering millions of dollars in shareholder value.

Source: Bloomberg, 0:00

美股房屋建筑商股票周三大幅下挫，投资者评估劳氏和 家得宝 等公司对住房前景的悲观看法，以及特朗普在国情咨文演讲中未公布任何新的住房政策。 行业研究分析师Drew Reading表示，“此前市场曾乐观预期政府会推出新的政策来支持市场，但最终演讲只是提到了利率下降，并重申了禁止机构投资者购买独栋住宅的提议”。 标普综合1500房屋建筑指数一度下跌5.2%，为4月10日以来最大盘中跌幅。 指数中跌幅居前的个股包括Installed Building Products、Dream Finders Homes、PulteGroup、 霍顿房屋公司 、莱纳公司和TopBuild。 责任编辑：李桐