Sittipol Sukuna/iStock via Getty Images Introduction It's been a while since I covered GoDaddy Inc. ( GDDY ). The shares rode the AI trade higher during 2024, but since the beginning of 2025, they have massively derated despite meeting revenue and earnings estimates. The current situation can be classified as panic. Anthropic’s ( ANTHRO ) weekly announcements have led to fear and uncertainty, whic...
Sittipol Sukuna/iStock via Getty Images Introduction It's been a while since I covered GoDaddy Inc. ( GDDY ). The shares rode the AI trade higher during 2024, but since the beginning of 2025, they have massively derated despite meeting revenue and earnings estimates. The current situation can be classified as panic. Anthropic’s ( ANTHRO ) weekly announcements have led to fear and uncertainty, which has led to selling shares in anything that may be hurt by this technological disruption. However, in my experience, there will be winners and losers, not mass extinction, and judging from GoDaddy’s strategic implementations, it may not be only to survive but to thrive in an agentic world. I upgrade GDDY to Buy with a $110 price target to YE26 at a highly discounted 10x P/CE or 0.5x PEG. Q4 '25 Results GoDaddy's Q4 '25 results were in line on revenue and above on EBITDA and GAAP Net Income. The company has rolled out several features where bookings are ahead of revenue, and the 6% revenue guidance, down from 8% for 2026, spooked the market. However, margin and cash flow are in line. Either the company management is delusional, or the market is in panic. Created by author with data from Capital IQ Where is the Fire? In May 2024, the market expected revenue to grow in the 8% range and EBITDA margins to increase from 27% to 35.5%. The most current consensus estimates forecast 6% revenue growth and a 35% margin, with EBITDA nearly unchanged. After nearly two years, AI’s benefits and threats have not impacted the company's growth and profitability outlook. In 2024, GDDY began implementing AI agents, and it has not stopped its incorporation of AI features, which include becoming a register of AI agents called ANS (agent name service), a novel idea. So far, there is no fire in the business model, and GDDY has been able to harness the new technology. Created by author with data from Capital IQ Operating Model The company provides a core domain registration business and e-commerce ...
Jack Taylor/Getty Images Entertainment Listen below or on the go on Apple Podcasts and Spotify Self-driving startup Wayve raises $1.2B from Microsoft, Nvidia, Uber (0:20) Uber Air and Joby Aviation (1:10) HP's EPS outlook challenged by memory headwinds (1:50) Majority of US teens use AI (2:30) Tom Lee spies bottom in software stocks (3:20) This is an abridged transcript of the podcast: Our top sto...
Jack Taylor/Getty Images Entertainment Listen below or on the go on Apple Podcasts and Spotify Self-driving startup Wayve raises $1.2B from Microsoft, Nvidia, Uber (0:20) Uber Air and Joby Aviation (1:10) HP's EPS outlook challenged by memory headwinds (1:50) Majority of US teens use AI (2:30) Tom Lee spies bottom in software stocks (3:20) This is an abridged transcript of the podcast: Our top story so far, autonomous driving startup Wayve has raised $1.2B in a Series D round, valuing the company at $8.6B. The round included participation from Microsoft ( MSFT ), Nvidia ( NVDA ) and Uber ( UBER ), along with automakers Mercedes-Benz ( MBGAF ), Nissan ( NSANY ) and Stellantis ( STLA ). Uber said it will invest additional milestone-based capital to help scale Wayve-powered robotaxi deployments globally, within a broader $1.5B package aimed at supporting commercial rollout. Wayve says it plans to launch commercial robotaxi trials in 2026, and deploy supervised autonomy software in consumer vehicles starting in 2027. CEO Alex Kendall said: “We are building for a total addressable market that spans every vehicle that moves,” adding the investment accelerates the path to commercial deployment and helps build an autonomy layer “that will power any vehicle, everywhere.” And in the same mobility theme, Uber is now pushing deeper into the eVTOL space with Uber Air powered by Joby — letting riders book Joby Aviation ( JOBY ) all-electric air taxi rides directly through the Uber app. Joby says it expects to carry its first passengers later this year in Dubai, as the two companies work toward multi-modal transportation in major cities. The idea is simple: open the Uber app, enter your destination, and if the route qualifies, Uber Air powered by Joby shows up as an option — letting riders book the legs of the trip, including an Uber Black pickup and drop-off, in one flow. Among active stocks, HP ( HPQ ) is lower after issuing mixed guidance , with analysts pointing to memory-rela...
Sezeryadigar/E+ via Getty Images Fast Facts Vanguard Short-Term Treasury Index Fund ETF ( VGSH ) was launched on 11/19/2009 and tracks the Bloomberg US Treasury 1–3 Year Bond Index. It is also available as a mutual fund ( VSBSX ). VGSH has a 30-day SEC yield of 3.54%, a yield to maturity of 3.6%, and an expense ratio of 0.03%. Distributions are paid monthly. It is a very large and liquid ETF, with...
Sezeryadigar/E+ via Getty Images Fast Facts Vanguard Short-Term Treasury Index Fund ETF ( VGSH ) was launched on 11/19/2009 and tracks the Bloomberg US Treasury 1–3 Year Bond Index. It is also available as a mutual fund ( VSBSX ). VGSH has a 30-day SEC yield of 3.54%, a yield to maturity of 3.6%, and an expense ratio of 0.03%. Distributions are paid monthly. It is a very large and liquid ETF, with $27 billion of AUM (assets under management) and an average daily dollar volume of $191 million. Vanguard Group, founded in 1975, is based in Malvern, Pennsylvania, and has about $11 trillion in total AUM. Vanguard is owned by its U.S.-based funds, which are owned by their shareholders. Strategy And Portfolio As described by Vanguard , the underlying index includes bonds issued by the U.S. Treasury with maturities between 1 and 3 years, excluding inflation-protected securities, floating rate securities, and certain other security types. The portfolio turnover rate was 93% in the most recent fiscal year. VGSH is exclusively invested in U.S. treasuries. The portfolio of 92 securities has an average maturity of 2 years. Maturity profile (Vanguard) While the 100% AAA rating of holdings guarantees the lowest possible credit risk, the average duration of 1.9 years points to low-interest rate risk. Although 1-3 year treasuries are not cash equivalents by accounting standards, they are very low-risk investments. Bond Usage Shareholders of VGSH are indirectly creditors of the U.S. Government. Treasury proceeds are not earmarked; they indistinctly participate in U.S. Federal spending. Most issuances refinance old debt, replacing maturing securities. Federal Spending YTD 2026 (fiscaldata.treasury.gov) Yield History Treasury yields are determined by auctions. When the U.S. Department of the Treasury issues new securities, the yield is set by the highest accepted yield needed to sell the full amount. In the secondary market, yields constantly adjust based on supply and demand. If deman...
Sean Gallup/Getty Images News Google ( GOOG ) (GOOL) is set to test changes in displaying search results to level the playing field with rivals as it seeks to avoid an EU fine for prioritizing its services in searches for hotels, flights, and restaurants, Reuters reported on Wednesday, citing a source. According to the EU, Google is in breach of the bloc's Digital Markets Act for what it calls "se...
Sean Gallup/Getty Images News Google ( GOOG ) (GOOL) is set to test changes in displaying search results to level the playing field with rivals as it seeks to avoid an EU fine for prioritizing its services in searches for hotels, flights, and restaurants, Reuters reported on Wednesday, citing a source. According to the EU, Google is in breach of the bloc's Digital Markets Act for what it calls "self-preferencing" its services. The U.S. tech giant could face fines up to 10% of its annual revenue in Europe if it fails to satisfy the regulator with the changes. The report said the company has yet to implement the changes after rivals complained that they were not enough. The source told Reuters the proposed changes include displaying search results from both vertical search services and Google results, with top-ranked vertical search engines displayed by default. Hotels, airlines, restaurants, and transport services with real-time data from feeds will sit either below or above the list of vertical search engines, the report said. The changes will soon be rolled out across Europe, initially focusing on searches for lodgings but later adding flights and other services, the source told Reuters. More on Google Why Daily Stock Picks' Gary Vaughan Likes Large Cap Tech (And Energy) Alphabet: The AI CapEx Shock That Will Widen The Moat Alphabet: Don't Let The CapEx Scare You Away From A $240B Backlog Judgment Day? Google, OpenAI, Anthropic models push button in war games sim: study Russia fines Google for hosting VPN apps
Eight months after departing Dior, Chiuri’s return to fashion’s front bench was stamped with her identity and values A big name designer’s first catwalk show in a new job is a drumroll moment of pure ego: Maria Grazia Chiuri, who joins Fendi after leaving Dior, is a headline-making hire with main character energy. The first surprise, as Milan fashion week began, was a catwalk painted with the mott...
Eight months after departing Dior, Chiuri’s return to fashion’s front bench was stamped with her identity and values A big name designer’s first catwalk show in a new job is a drumroll moment of pure ego: Maria Grazia Chiuri, who joins Fendi after leaving Dior, is a headline-making hire with main character energy. The first surprise, as Milan fashion week began, was a catwalk painted with the motto: “Less I, more us.” Continue reading...
Louisiana utility regulators denied an environmental law group's request to investigate a $27 billion Meta Platforms data center deal, the law group Earthjustice said on Wednesday. Earthjustice filed a motion last month with the Louisiana Public Service Commission asking it to probe project financing, which the group said could ultimately shift project costs unfairly onto utility customers. The...
Louisiana utility regulators denied an environmental law group's request to investigate a $27 billion Meta Platforms data center deal, the law group Earthjustice said on Wednesday. Earthjustice filed a motion last month with the Louisiana Public Service Commission asking it to probe project financing, which the group said could ultimately shift project costs unfairly onto utility customers. The motion centered on Meta's proposed data center project in Richland Parish, Louisiana, for which three new gas-fired power plants would be built.
A biotech downturn and pulled federal funds have stymied the university’s property bet in Boston’s Allston neighborhood — while nearby MIT has thrived. Harvard had little room for growth in Cambridge, its home since the 1600s. But just across the Charles River sat Allston, a working-class Boston neighborhood where the university had assembled hundreds of acres of land. There, Summers envisioned de...
A biotech downturn and pulled federal funds have stymied the university’s property bet in Boston’s Allston neighborhood — while nearby MIT has thrived. Harvard had little room for growth in Cambridge, its home since the 1600s. But just across the Charles River sat Allston, a working-class Boston neighborhood where the university had assembled hundreds of acres of land. There, Summers envisioned developing a sort of Silicon Valley of the East — a worthy competitor to California’s Stanford University and the nearby Massachusetts Institute of Technology for high-tech innovation. Bloomberg's Janet Lorin joins to discuss. (Source: Bloomberg)
Kenneth Cheung/iStock Unreleased via Getty Images Introduction In November of last year, I rated shares of Dropbox ( DBX ) a ‘buy’ noting that the company’s valuation had come in while the company appeared poised to pivot toward growth via Dash and its self-serve offerings. Yet the Q4 results and 2026 guidance have failed to deliver the early signs of stabilization I had hoped for. Instead, revenu...
Kenneth Cheung/iStock Unreleased via Getty Images Introduction In November of last year, I rated shares of Dropbox ( DBX ) a ‘buy’ noting that the company’s valuation had come in while the company appeared poised to pivot toward growth via Dash and its self-serve offerings. Yet the Q4 results and 2026 guidance have failed to deliver the early signs of stabilization I had hoped for. Instead, revenues remain essentially flat (or declining on an adjusted basis), and AI-driven contributions from Dash are still nascent and underwhelming. The selloff in software stocks due to fears of AI disruption has prompted me to revisit my thesis and assumptions, especially with shares of the company down 12% year-to-date. Recent Results Dropbox had a slight beat on both the top and bottom lines in Q4 , where revenues for the quarter came in lower by 1.1% compared to last year at $636 million. While the business was more stabilized and the negative growth was partially due to currency translation, there were a few items that suggested that things weren’t as great as they seemed. Seeking Alpha On the positive side, total ARR ended at $2.526 billion for the year, which was a 1.9% decline, while the number of paying customers increased by 10k to 18.08 million. Some of this was due to gains in the company’s Simple plan, ARPU climbing marginally by $0.61 to $139.68, and a slight mix shift toward monthly subscriptions. But at the same time, the quarter also marked the phased rollout of embedded Dash capabilities into Teams plans (semantic search, chat, and stacks), with about half of the initial cohort users returning multiple days per week, according to management’s commentary on the earnings call. There were also pretty scarce AI-driven revenue gains that the company had suggested were coming in prior quarters. On profitability, gross margins were 230 bps lower compared to last year at 80.8% because of a ‘hardware refresh cycle’ and incremental costs tied to scaling Dash trials. Despite ...
Mario Tama/Getty Images News CAVA Group ( CAVA ) soared in afternoon trading on Wednesday after impressing investors with its comparable sales and unit growth forecast. On Wall Street, analysts are incrementally more bullish on the setup for CAVA ( CAVA ) after taking in the report. Bank of America lifted its same-store sales estimates on CAVA Group ( CAVA ) for 2026 to +4.4% from +3.1% prior afte...
Mario Tama/Getty Images News CAVA Group ( CAVA ) soared in afternoon trading on Wednesday after impressing investors with its comparable sales and unit growth forecast. On Wall Street, analysts are incrementally more bullish on the setup for CAVA ( CAVA ) after taking in the report. Bank of America lifted its same-store sales estimates on CAVA Group ( CAVA ) for 2026 to +4.4% from +3.1% prior after taking in the report. Analyst Sara Senator said the more positive forecast reflects continued strong momentum for the CAVA ( CAVA ) brand, with upside possible from marketing, menu (salmon), and service initiatives. BofA has a Buy rating on CAVA ( CAVA ) and a price objective of $95. Cowen analyst Andrew Charles and his team think CAVA ( CAVA ) delivered on the investor wishlist because the 2026 guidance was better than expected for a management team known for taking a conservative stance. Charles pointed out that CAVA will be cycling easier comparable sales marks and has embedded a greater, though unquantified, headwind from new store maturation compared to a year ago. The firm kept a Buy rating on CAVA ( CAVA ) and boosted its price target to $90. Mizuho has a more cautious view on CAVA Group ( CAVA ) with a Neutral rating in place. Analyst Nick Setyan and his team are concerned about valuation despite the strong guidance from the restaurant operator. "CAVA's valuation already reflects a 70% premium to growth peers (in line with historical premium), while its relative EBITDA growth does not justify a premium for an Outperform rating," updated Setyan. Morgan Stanley analyst Brian Harbour also thinks CAVA ( CAVA ) is in a good position to top the full-year guidance that was issued if the macroeconomic backdrop cooperates. The firm has an Equalweight rating on CAVA ( CAVA ) and a price target of $83 as it waits out a few more earnings beats to get valuation more in line. Shares of CAVA Group ( CAVA ) were up 24.5% at 1:58 p.m. on above-average volume. Short interest on CAV...
Changes threaten ecosystems as flowering falls out of sync with fruit-eating, seed-dispersing animals and pollinators Tropical flowers are blooming months earlier or later than they used to because of climate breakdown, with potentially “cascading impacts across ecosystems”, according to a study of 8,000 plants dating back 200 years. Researchers looked at flowers from a range of countries, includi...
Changes threaten ecosystems as flowering falls out of sync with fruit-eating, seed-dispersing animals and pollinators Tropical flowers are blooming months earlier or later than they used to because of climate breakdown, with potentially “cascading impacts across ecosystems”, according to a study of 8,000 plants dating back 200 years. Researchers looked at flowers from a range of countries, including Brazil, Ecuador, Ghana and Thailand, home to the most biodiverse ecosystems on Earth, but also the most understudied. Continue reading...
The following companies are expected to report earnings after hours on 02/25/2026. Visit our Earnings Calendar for a full list of expected earnings releases.NVIDIA Corporation (NVDA)is reporting for the quarter ending January 31, 2026. The semiconductor company's consensus earni
The following companies are expected to report earnings after hours on 02/25/2026. Visit our Earnings Calendar for a full list of expected earnings releases.NVIDIA Corporation (NVDA)is reporting for the quarter ending January 31, 2026. The semiconductor company's consensus earni