President Donald Trump tried to quell Americans' concerns about rising electricity costs during his State of the Union speech by claiming that he's negotiated a "rate payer protection pledge" with major tech companies, which would see them build out or pay for new electricity generation for their data centers. Leaders from Amazon, Google, Meta, Microsoft, xAI, Oracle and OpenAI are expected to att...
President Donald Trump tried to quell Americans' concerns about rising electricity costs during his State of the Union speech by claiming that he's negotiated a "rate payer protection pledge" with major tech companies, which would see them build out or pay for new electricity generation for their data centers. Leaders from Amazon, Google, Meta, Microsoft, xAI, Oracle and OpenAI are expected to attend a March 4th event to sign the pledge, Fox News reported today . There are very few details at this point on what the pledge entails, nor how companies would be held accountable for following through on any commitments. "Under this bold initiat … Read the full story at The Verge.
Jonathan Knowles/DigitalVision via Getty Images Compañía Cervecerías Unidas S.A. ( CCU ) reported Q4 '25 results . This was an important seasonal quarter, containing spring and early summer (higher beverage consumption) and the holidays. CCU performed in a positive to neutral fashion in Chile, its most important market, and fairly negatively in International and Wine. The year 2025 was a little be...
Jonathan Knowles/DigitalVision via Getty Images Compañía Cervecerías Unidas S.A. ( CCU ) reported Q4 '25 results . This was an important seasonal quarter, containing spring and early summer (higher beverage consumption) and the holidays. CCU performed in a positive to neutral fashion in Chile, its most important market, and fairly negatively in International and Wine. The year 2025 was a little better in aggregate, again mainly because of Chile, with much worse operations in International (mainly Argentina) and Wine. Overall, the name is now 10% more expensive than when I last covered it after Q3 '25. The company closed the year approximately where I had expected, at around CLP 120 billion in net income (~$140 million). Compared to this, CCU cannot justify a valuation of $2.6 billion. I maintain a Hold rating. Q4 '25 Results As a reminder, Q4 is the most important seasonal quarter for many consumer product companies because of the holidays, but even more so in the Southern Hemisphere for beverages, because it includes the spring and summer seasons, with higher beverage consumption. This makes the flop in CCU's results in two markets more challenging, because this was a key quarter for profitability. Furthermore, the dynamic shown in some markets across the year is also problematic. Starting with the positives, Chile, the most important market (80% of EBITDA in 2025), showed some signs of stabilization in 2025 and Q4 '25 after several years of challenges post-pandemic. Volumes were fairly positive (+4.5%) for the quarter, turning a negative year (0.1% in 9M25) into a positive (1.1%). Pricing was positive (+1.3%) but below inflation . This indicates consistent challenges in pricing power. However, because the CLP has been appreciating and many raw materials are imported (mixes, sugar, aluminum, and PET), COGS was controlled, growing at half the speed of revenues. The result was expanding gross margins (+150 bps), unfortunately, fairly negated by expanding SG&A (+130 b...
On February 17, 2026, hedge fund BVF disclosed a buy of 275,105 shares of Structure Therapeutics (NASDAQ:GPCR) , with an estimated transaction value of $11.2 million based on quarterly average pricing. According to a Securities and Exchange Commission (SEC) filing dated February 17, 2026, BVF increased its position in Structure Therapeutics (NASDAQ:GPCR) by 275,105 shares. The estimated value of t...
On February 17, 2026, hedge fund BVF disclosed a buy of 275,105 shares of Structure Therapeutics (NASDAQ:GPCR) , with an estimated transaction value of $11.2 million based on quarterly average pricing. According to a Securities and Exchange Commission (SEC) filing dated February 17, 2026, BVF increased its position in Structure Therapeutics (NASDAQ:GPCR) by 275,105 shares. The estimated value of this purchase, based on the quarterly average share price, is $11.2 million. The fund's quarter-end position in Structure Therapeutics was valued at $242.0 million, up $152.3 million from the previous filing, a figure that accounts for both trading and price movement. Structure Therapeutics is a clinical-stage biotechnology company specializing in the development of oral small molecule therapeutics for chronic diseases with significant unmet need. The company leverages expertise in G-protein-coupled receptor (GPCR) biology to advance a pipeline led by GSBR-1290 for type-2 diabetes and obesity, and additional candidates for pulmonary and cardiovascular disorders. Continue reading
Rare clash off island’s coast comes amid oil embargo and heightened tensions between two countries The Cuban Interior Ministry has said that border guards killed four gunmen and wounded six more on a speedboat bearing a Florida registration off the coast of Cuba’s Villa Clara province. The rare clash off Cuba’s coast, which took place on Tuesday, comes at a moment of heightened tensions between th...
Rare clash off island’s coast comes amid oil embargo and heightened tensions between two countries The Cuban Interior Ministry has said that border guards killed four gunmen and wounded six more on a speedboat bearing a Florida registration off the coast of Cuba’s Villa Clara province. The rare clash off Cuba’s coast, which took place on Tuesday, comes at a moment of heightened tensions between the United States and Cuba during an oil embargo that has led to an energy and humanitarian crisis on the island. Continue reading...
Elen11/iStock via Getty Images Shares of Intuitive Machines ( LUNR ) tumbled Wednesday after the Houston based space company announced a $175 million strategic equity investment to fund new initiatives, including a push into orbital data processing and space based communications. The stock fell as much as 18% to around $15.43, giving up most of its gains for the year. The company priced the offeri...
Elen11/iStock via Getty Images Shares of Intuitive Machines ( LUNR ) tumbled Wednesday after the Houston based space company announced a $175 million strategic equity investment to fund new initiatives, including a push into orbital data processing and space based communications. The stock fell as much as 18% to around $15.43, giving up most of its gains for the year. The company priced the offering at $15.12 per share, about 20% below Tuesday’s close. Intuitive Machines ( LUNR ) said the funding, led by undisclosed global investors, will support development of high power on orbit data processing, edge computing and satellite communications around the moon and Mars. The move places the company among a growing group of firms exploring space based data centers. SpaceX ( SPACE ) is one of the most prominent players in the area, with plans for a major initial public offering to help finance orbital infrastructure. Intuitive Machines ( LUNR ), which has successfully sent two spacecraft to the moon despite imperfect landings, is also working on NASA’s Near Space Network Services program, a contract that could be worth up to $4.8 billion. More on Intuitive Machines Intuitive Machines Hits My Price Target: What's Next? (Downgrade) Intuitive Machines Becoming A Satellite Powerhouse For The Golden Dome Intuitive Machines: My Plan For Re-Entry Intuitive Machines secures $175M equity investment Most and least shorted industrial stocks with over $2B market cap
Andrew Harnik Crypto was nowhere to be found in U.S. President Donald Trump's State of the Union address, a notable omission given his administration's push to champion digital assets. In the first year of his second term, Trump leaned hard into pro-crypto policy, issuing executive actions aimed at promoting U.S. leadership in digital assets and directing the establishment of a strategic bitcoin (...
Andrew Harnik Crypto was nowhere to be found in U.S. President Donald Trump's State of the Union address, a notable omission given his administration's push to champion digital assets. In the first year of his second term, Trump leaned hard into pro-crypto policy, issuing executive actions aimed at promoting U.S. leadership in digital assets and directing the establishment of a strategic bitcoin ( BTC-USD ) reserve and a broader national crypto stockpile. But in the longest-ever State of the Union speech , crypto received no mention, raising questions about where crypto now ranks on the administration's policy priorities. Instead, the president boasted about how things have improved economically since the Biden presidency, in addition to praising his tariffs and proposing a new program for retirement accounts. "Bitcoin ( BTC-USD ) bros were hoping Trump would mention bitcoin strategic reserve and pump their coin last night. But bros, I've got some bad news for you: Trump already got your vote and took your money--he doesn't need you any more," Behavioral Macro blog author and former hedge fund manager Mark Dow wrote in a social media post . The crypto market didn't seem to read much into the silence, with bitcoin ( BTC-USD ) rebounding back toward the $70K mark and ether ( ETH-USD ) jumping back to over $2K in a broader risk-on session. But prices have a long way to go before meeting prior records, with BTC's price nearly sliced in half since its all-time highs of over $126K late last year. Bitcoin-backed exchange-traded funds: ( IBIT ), ( ARKB ), ( GBTC ), ( BRRR ), ( BTCO ), ( HODL ), ( BTCW ), ( FBTC ), ( BITB ), and ( EZBC ). Blockchain ETFs: ( BITQ ), ( DAPP ), ( BKCH ), ( BLOK ), ( CRPT ), and ( IBLC ) Dear readers: We recognize that politics often intersects with the financial news of the day, so we invite you to click here to join the separate political discussion. More on Bitcoin USD, Ethereum USD Bitcoin And Ethereum On Their Way To 2026 Lows: Is A Double-...
DeepSeek, the Chinese artificial intelligence lab whose low-cost model rattled global markets last year, has not shown U.S. chipmakers its upcoming flagship model for performance optimization, two sources familiar with the matter said, breaking from standard industry practice ahead of a major model update. Instead, the lab, which is expected to launch its next major update, V4, granted early acc...
DeepSeek, the Chinese artificial intelligence lab whose low-cost model rattled global markets last year, has not shown U.S. chipmakers its upcoming flagship model for performance optimization, two sources familiar with the matter said, breaking from standard industry practice ahead of a major model update. Instead, the lab, which is expected to launch its next major update, V4, granted early access to domestic suppliers, including Huawei Technologies, the sources said. AI developers typically share pre-release versions of major models with leading chipmakers such as Nvidia and Advanced Micro Devices to ensure their software performs efficiently on widely used hardware.
Nvidia Corp (NASDAQ:NVDA) has been one of the most closely watched stocks in the market over the past couple of years, driven by surging demand for artificial intelligence (AI) infrastructure and record-setting earnings growth. Now, Moomoo is giving new users...
Nvidia Corp (NASDAQ:NVDA) has been one of the most closely watched stocks in the market over the past couple of years, driven by surging demand for artificial intelligence (AI) infrastructure and record-setting earnings growth. Now, Moomoo is giving new users...
Anthropic accused three Chinese AI companies of running 24,000 fraudulent accounts to siphon capabilities from its Claude chatbot, in what may be the largest documented case of AI model theft to date. DeepSeek, Moonshot AI and MiniMax generated over 16 million exchanges with Claude, violating terms of service and geographic access restrictions. The labs used a technique called distillation, where ...
Anthropic accused three Chinese AI companies of running 24,000 fraudulent accounts to siphon capabilities from its Claude chatbot, in what may be the largest documented case of AI model theft to date. DeepSeek, Moonshot AI and MiniMax generated over 16 million exchanges with Claude, violating terms of service and geographic access restrictions. The labs used a technique called distillation, where a weaker model trains on the outputs of a stronger one, to extract Claude’s most advanced reasoning,
Are you looking for a high-octane prospect but don't necessarily want to make a lifetime commitment? That's OK. While somewhat rare, these kinds of opportunities do exist. You just need to find a budding revolutionary development that will inevitably reward investors while this solution becomes the norm. Think online shopping, or smartphones, or artificial intelligence (AI). To this end, largely t...
Are you looking for a high-octane prospect but don't necessarily want to make a lifetime commitment? That's OK. While somewhat rare, these kinds of opportunities do exist. You just need to find a budding revolutionary development that will inevitably reward investors while this solution becomes the norm. Think online shopping, or smartphones, or artificial intelligence (AI). To this end, largely thanks to Nvidia (NASDAQ: NVDA) , telecom-technology outfit Nokia (NYSE: NOK) is currently one of the market's most underestimated winners for the next 10 years. Nobody will be surprised to learn that the massive amount of digital data being consumed and created by artificial intelligence platforms is putting some serious strain on the planet's communication infrastructure. Indeed, mobile usage of AI solutions is being constrained by the 5G (fifth-generation) mobile networks that were more than adequate to meet the world's mobile broadband connectivity needs just a few years ago. Continue reading
LifeStance Health Group (NASDAQ:LFST) reported fourth-quarter and full-year 2025 results that management said exceeded expectations across key metrics, highlighting accelerating clinician productivity, continued clinician base expansion, and record profitability and cash flow generation. Executives
LifeStance Health Group (NASDAQ:LFST) reported fourth-quarter and full-year 2025 results that management said exceeded expectations across key metrics, highlighting accelerating clinician productivity, continued clinician base expansion, and record profitability and cash flow generation. Executives