Key Points Adams Wealth Management sold 51,678 shares of CLOA Quarter-end position value decreased by $2.73 million, a figure reflecting both trading and market price movements Transaction represented a 0.6% change in 13F reportable AUM Post-trade holding: 193,352 shares valued at $10.00 million As of December 31, 2025, CLOA comprised 2.1% of Adams Wealth Management’s reportable AUM, placing it ou...
Key Points Adams Wealth Management sold 51,678 shares of CLOA Quarter-end position value decreased by $2.73 million, a figure reflecting both trading and market price movements Transaction represented a 0.6% change in 13F reportable AUM Post-trade holding: 193,352 shares valued at $10.00 million As of December 31, 2025, CLOA comprised 2.1% of Adams Wealth Management’s reportable AUM, placing it outside the fund’s top five holdings 10 stocks we like better than BlackRock ETF Trust II - iShares Aaa Clo Active ETF › What happened According to a February 17, 2026, SEC filing, Adams Wealth Management sold 51,678 shares of BlackRock ETF Trust II - iShares AAA CLO Active ETF (NASDAQ:CLOA) during the fourth quarter of 2025. The estimated value of the transaction was $2.68 million, calculated using the average closing price for the quarter. The fund’s quarter-end position in CLOA was valued at $10.00 million, reflecting a total decrease in position value of $2.73 million, which includes both share sales and price changes. What else to know This sale reduced the CLOA stake from 2.7% to 2.1% of Adams Wealth Management’s 13F reportable assets as of December 31, 2025. Top holdings after the filing: NYSEMKT: SCHX: $56,921,745 (12.1% of AUM) NYSEMKT: IVV: $28,255,733 (6.0% of AUM) NYSEMKT: EWY: $15,891,387 (3.4% of AUM) NYSEMKT: EUAD: $15,107,270 (3.2% of AUM) NASDAQ: GRID: $14,578,674 (3.1% of AUM) As of February 18, 2026, CLOA was priced at $51.89 per share, up 5.4% over the past year, but underperforming the S&P 500 by 6.9 percentage points. ETF overview Metric Value AUM 1.58 billion Price (as of market close 2/18/26) $51.89 Dividend yield 5.27% 1-year total return 5.4% ETF snapshot The iShares AAA CLO Active ETF offers institutional and individual investors targeted access to the AAA-rated segment of the CLO market, combining active management with rigorous credit selection. The fund is structured as a non-diversified ETF, offering investors exposure to investment-grade CLOs w...
COURTOIS SA Société anonyme au capital de 1.673.940 Euros Siège social : 3, rue Mage BP 48531 31685 TOULOUSE CEDEX 6 540 802 105 RCS TOULOUSE Tel : 05.62.26.73.22 Contact :accueil@courtois.fr www.courtois-sa.com Diffusé le 19 Mars 2026 (après bourse) RÉSULTATS ANNUELS 2025 Le Conseil d’Administration de COURTOIS SA, réuni le 19 mars 2026 sous la présidence de Madame Jennifer COURTOIS de VIÇOSE, a ...
COURTOIS SA Société anonyme au capital de 1.673.940 Euros Siège social : 3, rue Mage BP 48531 31685 TOULOUSE CEDEX 6 540 802 105 RCS TOULOUSE Tel : 05.62.26.73.22 Contact :accueil@courtois.fr www.courtois-sa.com Diffusé le 19 Mars 2026 (après bourse) RÉSULTATS ANNUELS 2025 Le Conseil d’Administration de COURTOIS SA, réuni le 19 mars 2026 sous la présidence de Madame Jennifer COURTOIS de VIÇOSE, a arrêté les comptes sociaux et consolidés au 31 décembre 2025 qui seront soumis à l’approbation de l’Assemblée Générale Mixte du 21 mai 2026. Les Commissaires aux Comptes ont procédé à un audit des comptes annuels sociaux et consolidés de l’exercice 2025 et le rapport d’audit relatif à la certification desdits comptes est en cours d’établissement. I. Comptes sociaux La société COURTOIS SA a réalisé un Chiffre d’Affaires de 866 K€ dont 35 K€ de loyers et charges, 287 K€ de prestations de services et 542 K€ de vente intragroupe d’immeuble en stock, soit une diminution des loyers de 754 K€ par rapport à 2024, lié au départ du locataire de l’immeuble rue de Rémusat. Les travaux de réhabilitation de l’immeuble rue de Rémusat ont conduit à mettre au rebut des immobilisations, pour 102 K€ de valeur nette comptable. De plus, les frais de recherche d’un nouveau locataire, de financement, de taxes et de mise en sécurité de l’immeuble se sont élevés à 320 K€. Le résultat d’exploitation est négatif à hauteur de 1 097 K€. Le résultat financier positif de 5 K€ est composé principalement des dividendes et intérêts des filiales, pour un montant de 23 K€, compensés par des intérêts versés sur emprunt de 45 K€ et des produits financiers, placement de trésorerie, de 29 K€, Les comptes sociaux arrêtés au 31 décembre 2025 font apparaître une perte nette de 1 080 K€ contre une perte nette de 35 K€ en 2024. II. Comptes consolidés Les informations financières consolidées sont établies en conformité avec le référentiel IFRS (International Financial Reporting Standards) tel qu’adopté par l’Union Euro...
Fears of widespread white-collar layoffs have intensified—and, in some cases, been realized—over the first quarter of 2026. The poster child for those worries is Block which laid off 40% of its workforce at the end of last month. Artificial intelligence tools, CEO Jack Dorsey said, allowed for a “significantly smaller team” to “do more and do it better.”
Fears of widespread white-collar layoffs have intensified—and, in some cases, been realized—over the first quarter of 2026. The poster child for those worries is Block which laid off 40% of its workforce at the end of last month. Artificial intelligence tools, CEO Jack Dorsey said, allowed for a “significantly smaller team” to “do more and do it better.”
David McNew/Getty Images News A new floating production facility for the Exxon Mobil-led ( XOM ) consortium in Guyana is " almost complete " and expected to soon depart from Singapore, the company's head in Guyana, Alistair Routledge, said Thursday, according to Reuters. The Errea Wittu floating production, storage and offloading platform is the fifth to be installed by the Exxon-led ( XOM ) gr...
David McNew/Getty Images News A new floating production facility for the Exxon Mobil-led ( XOM ) consortium in Guyana is " almost complete " and expected to soon depart from Singapore, the company's head in Guyana, Alistair Routledge, said Thursday, according to Reuters. The Errea Wittu floating production, storage and offloading platform is the fifth to be installed by the Exxon-led ( XOM ) group in Guyana, and will produce, store and deliver as much as 250K bbl/day from the Uaru offshore project. Exxon ( XOM ) had said previously that the FPSO would arrive in Guyanese waters this year, without further details. Following Uaru, Exxon ( XOM ) is on track to start the Whiptail project by the end of 2027, while trying to accelerate the startup of the Hammerhead project for 2028, Routledge said. Separately, a joint venture by Exxon ( XOM ), Energean, and Helleniq Energy has notified Greece it plans to look for gas in a western offshore block, the country's hydrocarbons management agency said Thursday, Reuters reported. After assessing the area's potential, the JV notified the agency of its plans to proceed to the second phase, which includes the first offshore exploration drilling in 40 years, the state-owned agency said. More on Exxon Mobil Exxon Mobil: Avoid Being The Latecomer To The Energy Party (Downgrade) Exxon Mobil: Dividend Royalty With A $630B Market Cap | 2-Minute Analysis The War Premium Is Fading: Why I Favor Exxon Mobil Over Occidental Petroleum
David Gyung/iStock via Getty Images When we reviewed the carnage among business development companies, or BDCs, when recapping February 2026's dividend decreases, its concentration within this sub-sector of the financial services sector of the U.S. economy really stood out. BDCs make their money by loaning money they either raise from investors or borrow themselves to small- and medium-sized enter...
David Gyung/iStock via Getty Images When we reviewed the carnage among business development companies, or BDCs, when recapping February 2026's dividend decreases, its concentration within this sub-sector of the financial services sector of the U.S. economy really stood out. BDCs make their money by loaning money they either raise from investors or borrow themselves to small- and medium-sized enterprises that can't raise money by going public and selling stock and also financially distressed businesses. The business models of most established BDCs involve borrowing money, then loaning it back out at higher interest rates, where they pocket the difference. That makes the profit margins of BDCs vulnerable to rate cuts. Because their loans are tied to the Federal Funds Rate , when the Fed cuts that rate, it negatively impacts BDC profits. In the last three years, BDCs have gone from a rising or high interest rate environment (March 2023 through August 2025) to a falling rate environment (September 2024 through December 2025). The performance of the VanEck BDC Income Exchange Traded Fund ( BIZD ), which includes over 30 BDCs in its market cap-weighted index, gives a good sense of how BDCs performed in these different environments. The following chart shows BDCs rising or flat in the rising rate environment, but then either stalling or falling as the Fed shifted gears into its rate-cutting mode. But that's not the whole story. During the rate-cutting period, which initiated the pressure on BDC profits, BDCs have had to cope with the DeepSeek AI shock, peaking just ahead of that event on 19 February 2025. Then they faced the Liberation Day global tariffs shock event of 2 April 2025, plunging with the rest of the market before going on to recover. That lasted until August 2025, when the return of rate cuts initiated a new downtrend that was followed in January 2026 with a new AI shock event that undermined the business prospects of the Software-As-A-Service (SaaS) firms. Ma...
Getty Images Strong Earnings Outlook Bolsters Market The Fed’s decision to keep interest rates unchanged, hotter-than-expected inflation data, and surging oil prices triggered a broad market selloff that spared no sector. However, prior to this pullback, markets had weathered volatility tied to the Iran war and concerns over stretched valuations . The key has been robust earnings forecasts , which...
Getty Images Strong Earnings Outlook Bolsters Market The Fed’s decision to keep interest rates unchanged, hotter-than-expected inflation data, and surging oil prices triggered a broad market selloff that spared no sector. However, prior to this pullback, markets had weathered volatility tied to the Iran war and concerns over stretched valuations . The key has been robust earnings forecasts , which have improved since the outbreak of hostilities. S&P 500 earnings are expected to grow by 15.3% in CY 2026 and 11.6% in Q1, which would mark a sixth-straight quarter of double-digit YoY growth. Q1 growth estimates are being led by AI-fueled technology sector stocks (+42% YoY), followed by materials and financials, according to FactSet data . Bloomberg Recent market volatility has pulled down a broad range of stocks, including companies with attractive fundamentals and solid earnings growth outlooks. In several cases, the decline appears driven more by external factors – such as shifting monetary policy expectations, geopolitical developments, and macroeconomic data – than by any deterioration in underlying business performance. The opportunity lies in identifying high-quality companies where fundamentals remain intact, but valuations have compressed alongside broader market volatility. In this environment, a disciplined, data-driven approach can help isolate stocks with strong earnings growth, profitability, and valuation support. How I Chose Top Stocks With Strong Forward EPS Growth Using Seeking Alpha’s Stock Screener , I filtered for Strong Buys with high forward EPS growth rates and strong Growth and EPS Revision factors grades. I then narrowed the list to stocks that experienced recent pullbacks, including double-digit declines in the past 30 days that also possessed attractive valuations based on PEG ratios. Seeking Alpha Quant Ratings are generated by a proprietary model that analyzes more than 100 metrics for each stock relative to sector peers and grades them acro...
March Madness begins Thursday, and quite a bit of focus this week and next will be on the performance of the mid-major and non-Power Four (ACC, SEC, Big Ten, Big 12) schools. The dominant theme of last year's men's tournament was near-historic levels of dominance for teams favored to win. March Madness last year produced a measly 13 underdog victories – the fewest since the field expanded to 64 te...
March Madness begins Thursday, and quite a bit of focus this week and next will be on the performance of the mid-major and non-Power Four (ACC, SEC, Big Ten, Big 12) schools. The dominant theme of last year's men's tournament was near-historic levels of dominance for teams favored to win. March Madness last year produced a measly 13 underdog victories – the fewest since the field expanded to 64 teams in 1985. A sample size of one does not a trend make. Neither does a sample size of two, so it's not like this year will yield any definitive conclusions. Still, the logical explanation for last year's turn toward the favorites is NIL (name, image and likeness) compensation and the associated transfer portal that's allowed college basketball players to cash in from schools. Former Syracuse men's basketball coach Jim Boeheim told CNBC this week he believes $10 million to pay players is the threshold to compete for a national championship. Schools are capped at $20.5 million for total spend among all athletic programs, meaning men's basketball would have to take half the budget. But NIL collectives are still legal, allowing big-time donors to make up the difference – which is now essential to fielding a team that can compete for an NCAA title, Boeheim said. That's why the Sweet 16 will likely be heavily skewed toward Top 25 teams, he predicted. "It's going to be way more difficult for one of these mid-majors to make a run. Way more difficult," Boeheim said. Cinderella's long-lasting benefits Virginia Commonwealth University has become a March Madness darling, with at least one tournament victory every year but one from 2011 to 2016 including a Final Four bid as a No. 11 seed in 2011. The Rams are back in the tournament again this year – again as an 11-seed – and will play perennial juggernaut North Carolina in the first round. "What's talked about years after the tournament? It's Bryce Drew hitting the winning shot for Valpo. It's George Mason making the Final Four," VCU A...
Europe’s biggest naval powers don’t see a way of reopening the Strait of Hormuz to commercial shipping before the Iran war subsides. The continent continues to resist Donald Trump’s calls to deploy warships to the strait over fears they will be attacked by Iran. While European officials are discussing a plan to help escort oil tankers and other vessels, they are unlikely to send naval assets until...
Europe’s biggest naval powers don’t see a way of reopening the Strait of Hormuz to commercial shipping before the Iran war subsides. The continent continues to resist Donald Trump’s calls to deploy warships to the strait over fears they will be attacked by Iran. While European officials are discussing a plan to help escort oil tankers and other vessels, they are unlikely to send naval assets until the conflict eases and they get a clearer sense of both a US plan and the Iranian threat. Discussions for what military support can be sent to the region are in the “very early stages,” said UK Defense Minister Al Carns, with allies currently focused on “trying to conceptualize the totality of the problem and make sure that we’ve got a clear path toward the next stage.” He warned that during conflict, escorts wouldn’t be enough to protect vessels in a situation requiring a “deeply complex” multinational range of air, maritime and strike capabilities. The warning comes a week after Carns’s boss , UK Defense Secretary John Healey , warned that Iran was likely laying mines in the strait. Iran “is close to demolished, the only thing is the strait: It’s very hard,” Trump told reporters on Thursday. “You could take two people and they could drop little bombs in the water, and they’re holding things up.” Energy prices have soared, driving concerns of an inflationary spike, with overnight attacks on the world’s largest LNG facility in Qatar darkening the outlook. European gas futures surged as much as 35% on Thursday and Brent crude rising as high as $117 a barrel. Bonds also tumbled worldwide on expectation of higher interest rates as a result of the inflationary pressures. European capitals are preparing to combine military and insurance options for a post-conflict transition period. Britain has been readying assets in recent days for when they deem it safe enough to send them to the region, and have sent additional military planners to the US Central Command in Florida to help ...
CrowdStrike ( CRWD ) and Arm Holdings ( ARM ) have both been upgraded to Hold as analysts point to resilient growth drivers, including strong enterprise demand for cybersecurity products and persistent royalty revenue from smartphone applications. Meanwhile, Tencent Music ( TME ) and Uber ( UBER ) face downgrades amid concerns over reduced reporting transparency and competitive threats from autono...
CrowdStrike ( CRWD ) and Arm Holdings ( ARM ) have both been upgraded to Hold as analysts point to resilient growth drivers, including strong enterprise demand for cybersecurity products and persistent royalty revenue from smartphone applications. Meanwhile, Tencent Music ( TME ) and Uber ( UBER ) face downgrades amid concerns over reduced reporting transparency and competitive threats from autonomous vehicles. Upgrades CrowdStrike Holdings ( CRWD ): Upgrade to Hold by The Asian Investor . The analyst cites a strong fourth fiscal quarter with record customer acquisition and robust enterprise product uptake, alongside growing AI product adoption driving annual recurring revenue growth. “ I like that CrowdStrike’s ARR business is soaring and that the SaaS enterprise is growing its retention rates. ARR growth and higher customer retention are the two main reasons why I am upgrading CRWD shares from Sell to Hold. ” Arm Holdings ( ARM ): Upgrade to Hold by Jia Ming Eow . Despite concerns in the smartphone sector, the analyst highlights resilient royalty growth from v9 and CSS architectures, along with potential AI chip development opportunities with Nvidia and MediaTek. “I think that ARM is positioning itself to capitalize on the next phase of AI innovations, with already existing relationships with the largest AI firms like Nvidia. I doubt that ARM will be written off anytime soon despite major fears surrounding their core segments, which have actually shown no signs of a slowdown just yet.” Downgrades Tencent Music Entertainment Group ( TME ): Downgrade Buy to Hold by The Value Pendulum . While the company delivered faster revenue growth and wider gross margins in Q4 2025, the analyst expresses concern over a reporting framework shift that reduces data transparency amid intensifying competition. “The stock's P/E de-rated from 25.1x on Oct 1, 2025 to 18.2x on the last trading day of the year. But it didn't do any repurchases in 4Q25 to take advantage of the cheaper shar...
In this article NVO NVO LLY Follow your favorite stocks CREATE FREE ACCOUNT The logo of pharmaceutical company Novo Nordisk is displayed in front of its offices in Bagsvaerd, Copenhagen, Denmark, Feb. 4, 2026. Tom Little | Reuters The Food and Drug Administration on Thursday approved a higher dose version of Novo Nordisk 's blockbuster weight loss injection Wegovy, as the company pushes to win bac...
In this article NVO NVO LLY Follow your favorite stocks CREATE FREE ACCOUNT The logo of pharmaceutical company Novo Nordisk is displayed in front of its offices in Bagsvaerd, Copenhagen, Denmark, Feb. 4, 2026. Tom Little | Reuters The Food and Drug Administration on Thursday approved a higher dose version of Novo Nordisk 's blockbuster weight loss injection Wegovy, as the company pushes to win back market share from chief rival Eli Lilly . Novo expects to launch the higher, 7.2-milligram dose of Wegovy in April. The Danish drugmaker is positioning that version to better compete with Lilly's obesity drug Zepbound, which has proven to be more effective at promoting weight loss than the standard, 2.4-milligram dose of Wegovy. That higher efficacy has helped Zepbound become the preferred obesity medication among prescribers and patients, even though it entered the U.S. market later than Wegovy, and has solidified Lilly's position as the dominant player in the space. The high-dose Wegovy helped patients with obesity lose an average 20.7% of their weight after 72 weeks in a phase three trial. The standard 2.4-milligram dose of Wegovy has shown around 15% weight loss on average in clinical trials. "I think it really makes it more competitive, and it really reduces the delta there," Dr. Jason Brett, principal U.S. medical head at Novo Nordisk, said in an interview on Thursday ahead of the approval. "But even more importantly, I think it just gives patients another option if they're not reaching their targets, and achieving some of these higher weight losses for certain patients," he added. In a separate phase three trial on patients with obesity and Type 2 diabetes, high-dose Wegovy demonstrated an average weight loss of 14.1%. People with diabetes typically have a harder time losing weight than people without the condition. It marks the first approval of a GLP-1 treatment under the FDA's new national priority voucher plan that aims to cut drug review times to one-to-two mo...
Kevin Dietsch/Getty Images News Everything has changed in just 2 weeks. Say goodbye to rate cuts and say hello to a growing risk of rate hikes, as markets are due for a 180-degree flip in monetary policy expectations, not just here in the U.S. but around the world. The bond market is reacting with front-end yields surging. Oil is driving the dramatic shift, with higher energy prices pushing up inf...
Kevin Dietsch/Getty Images News Everything has changed in just 2 weeks. Say goodbye to rate cuts and say hello to a growing risk of rate hikes, as markets are due for a 180-degree flip in monetary policy expectations, not just here in the U.S. but around the world. The bond market is reacting with front-end yields surging. Oil is driving the dramatic shift, with higher energy prices pushing up inflation expectations and widening credit spreads, which have led equity market valuations to contract. Rates Cuts Are Fading As Rating Hikes Are Creeping In Fed Fund Futures are in the midst of repricing, with yields now climbing to about 3.60%, which has removed the odds of the Fed cutting rates at all in 2026. As long as oil prices (CO1:COM, CL1:COM) remain high or rise, the odds of rate cuts will continue to diminish, and the odds of rate hikes will likely rise. TradingView We are now seeing other parts of the market pricing in higher rates over the next 12 months. The 3-month Treasury Bill 12-month forward rate is now trading more than 10 bps higher than the spot market 3-month Treasury rate. An indication that the 3-month Treasury rate is expected to be higher than its current level, one year from now. LSEG Inflation Expectations Are Rising 5-Year CPI swaps have also seen their rates rise back to 2.57%, just below the highs seen in January 2025 and October 2023. The surge in inflation expectations in October 2023 was largely due to rising oil prices at the time. It should come as no surprise that inflation expectations also follow oil prices closely. So the longer oil prices stay elevated, and the higher they go, the more likely oil inflation expectations will continue to rise. LSEG Financial Conditions Are Tightening Additionally, and perhaps more importantly, credit spreads are widening. This is perhaps the most damaging part of the rise in oil prices, because it is directly resulting in tighter financial conditions and has the most damaging impact on the U.S. economy...
Citigroup Inc. provided a £100 million ($134 million) funding line to Interbridge Mortgages , another fast-growing UK lender backed by Paresh Raja , just as his Market Financial Solutions Ltd. was hurtling toward collapse. The New York-based bank agreed to finance the expansion of Interbridge with a new credit line in January, according to people familiar with the matter who asked not to be identi...
Citigroup Inc. provided a £100 million ($134 million) funding line to Interbridge Mortgages , another fast-growing UK lender backed by Paresh Raja , just as his Market Financial Solutions Ltd. was hurtling toward collapse. The New York-based bank agreed to finance the expansion of Interbridge with a new credit line in January, according to people familiar with the matter who asked not to be identified discussing confidential information. Citigroup has committed the funding via an asset-backed facility of which around £30 million has been drawn, one of the people said. The bank is a senior lender to the special purpose vehicle and not Interbridge directly, they added. Raja, who’s been hit with a worldwide asset freeze order following allegations that fraud caused the collapse of MFS, controls a 40% stake in the Interbridge holding company based in Malta, according to corporate documents. A spokesperson for Citi declined to comment. A spokesperson for Raja declined to comment. Trade publications in the UK reported the Citigroup funding line was £300 million earlier this year, and Interbridge refers to the loan on its website. There is no indication that Interbridge was affected by the collapse of MFS, which has been accused of fraud that could leave major lenders — including Barclays Plc, Banco Santander SA , Apollo’s Atlas SP and Castlelake LP — facing losses of around £1.3 billion. Nor has Interbridge been accused of any wrongdoing in the matter. Yet the connection highlights the scale of the complex and overlapping business interests that Raja had in the UK mortgage industry, raising fresh questions about the reach of his network and levels of disclosure required by his backers. MFS had passed part of the funding it received to smaller, third-party bridging lenders, which now may struggle to refinance loans. Business Connection Interbridge group is a mortgage lender founded by German businessman Sven Ingo Peter that has a presence in Europe and the UK. Its UK-facin...
Earnings Call Insights: Intuitive Machines (LUNR) Q4 2025 Management View CEO Stephen Altemus described 2025 as a transformational year, highlighting the completion of the company’s second lunar mission, expansion into national security space programs, the acquisition of KinetX Aerospace, and the announced acquisition of Lanteris Space Systems. Altemus stated, "we expect 2026 revenue to approach $...
Earnings Call Insights: Intuitive Machines (LUNR) Q4 2025 Management View CEO Stephen Altemus described 2025 as a transformational year, highlighting the completion of the company’s second lunar mission, expansion into national security space programs, the acquisition of KinetX Aerospace, and the announced acquisition of Lanteris Space Systems. Altemus stated, "we expect 2026 revenue to approach $1 billion, nearly a 5x increase from 2025," and detailed a diversified revenue mix moving toward 40% commercial, 40% civil space, and 20% national security customers. Altemus emphasized the company’s Moon-first infrastructure strategy and detailed progression in low Earth orbit, geostationary, and lunar domains. He highlighted the launch of EchoStar XXV, upcoming SiriusXM satellite deliveries, and the near-completion of NASA’s lunar Gateway Power and Propulsion Element. Altemus noted the integration of Lanteris brings proven satellite production platforms to new growth markets, stating the company is “focused on taking proven production platforms and applying them to new growth markets as a prime operator.” CFO Peter McGrath stated, "Q4 2025 revenue was $44.8 million, driven primarily by CLPS, OMES and NSNS execution... Q4 gross margin came in strong at $8.5 million, which represents a 19% positive gross margin." McGrath also highlighted the completion of the Lanteris acquisition in January and a $175 million strategic equity investment to advance communications data processing networks. Outlook McGrath stated, "For 2026, we expect revenue in the range of $900 million to $1 billion, representing a transformational step-up in scale for the company. Importantly, roughly 2/3 of our expected 2026 revenue is already supported by contracted backlog, giving us strong visibility into our outlook." The company is targeting positive adjusted EBITDA for 2026 driven by scale from the Lanteris acquisition, growth in higher-margin service revenue, and operational efficiencies. Management...
Shares of Micron Technology fell about 5% on Thursday, even after the chipmaker reported stronger-than-expected fiscal second-quarter results. The company nearly tripled its revenue in the latest quarter, driven by robust demand for memory chips used in artificial intelligence systems. Heavy spending plans weigh on sentiment Investor reaction was tempered by Micron’s outlook for significantly high...
Shares of Micron Technology fell about 5% on Thursday, even after the chipmaker reported stronger-than-expected fiscal second-quarter results. The company nearly tripled its revenue in the latest quarter, driven by robust demand for memory chips used in artificial intelligence systems. Heavy spending plans weigh on sentiment Investor reaction was tempered by Micron’s outlook for significantly higher capital expenditures. The company said it expects capital spending to exceed $25 billion in the current fiscal year, which runs through August, above analyst estimates of $22.4 billion. It also projected that fiscal 2027 capex will increase by more than $10 billion from the prior year. Chief Executive Officer Sanjay Mehrotra said, “We project our fiscal 2027 capex to step up meaningfully,” underscoring the scale of investment required to meet rising demand. The elevated spending reflects the cost of expanding production capacity, particularly for high-bandwidth memory (HBM), which is critical for AI workloads. Micron’s strong performance is closely tied to surging demand for AI infrastructure, particularly chips used alongside systems from Nvidia. High-bandwidth memory plays a key role in training and running AI models, enabling faster data transfer. As demand has surged, memory prices have risen sharply due to supply shortages. Producers, including Micron, have increasingly prioritised HBM production, which offers higher margins, while the supply of other memory types has tightened — further pushing up prices. Micron's outlook far ahead of expectations Micron’s forward guidance also exceeded Wall Street expectations by a wide margin. The company forecast fiscal third-quarter revenue of approximately $33.5 billion, compared with analyst estimates of $23.7 billion. It also projected adjusted earnings of about $19.15 per share, well above the consensus estimate of $11.29. Despite the strong outlook, the stock reaction remained muted, reflecting elevated investor expectatio...
What happened According to a Securities and Exchange Commission (SEC) filing dated Feb. 17, 2026, Appaloosa sold 1,590,000 shares of Whirlpool during the fourth quarter. The estimated transaction value was $117.38 million, calculated using the quarter’s average share price. The fund’s position value declined by $150.23 million over the quarter, reflecting both the share sale and market price chang...
What happened According to a Securities and Exchange Commission (SEC) filing dated Feb. 17, 2026, Appaloosa sold 1,590,000 shares of Whirlpool during the fourth quarter. The estimated transaction value was $117.38 million, calculated using the quarter’s average share price. The fund’s position value declined by $150.23 million over the quarter, reflecting both the share sale and market price changes. What else to know Appaloosa’s post-trade stake in Whirlpool represents 4.07% of its reportable AUM, down from 5.85% the previous quarter. Top holdings after the filing: Alibaba : $753.12 million (11.0% of AUM) Alphabet : $560.74 million (8.2% of AUM) Amazon : $503.05 million (7.3% of AUM) Micron Technology : $428.12 million (6.2% of AUM) Meta Platforms : $396.05 million (5.8% of AUM) As of March 19, 2026, shares of Whirlpool were priced at $54.04, down 42.02% over the past year and trailing the S&P 500 by 59 percentage points. Company Overview Metric Value Revenue (TTM) $15.53 billion Net Income (TTM) $340.00 million Dividend Yield 6.66% Price (as of market close 2026-03-19) $54.04 Company Snapshot Whirlpool manufactures and markets major home appliances, including refrigerators, freezers, laundry machines, dishwashers, and cooking appliances, primarily under the brands Whirlpool, Maytag, KitchenAid, and JennAir. The company generates revenue by selling appliances and related accessories through retailers, distributors, dealers, builders, and direct-to-consumer channels across global markets. Primary customers include large retail chains, independent dealers, builders, and end consumers in North America, EMEA, Latin America, and Asia. Whirlpool is a leading global manufacturer of home appliances with a diversified product portfolio and strong brand recognition. The company leverages its scale and distribution network to reach a broad customer base, driving consistent revenue across multiple regions. Its strategy focuses on maintaining a robust presence in both developed...
President Donald Trump is asked by a reporter why the US didn't tell Japan ahead of time about its strike on Iran. “Who knows better about surprise than Japan?” he said, turning to the Japanese Prime Minister Sanae Takaichi with a chuckle. She was visiting the White House. (Source: Bloomberg)
President Donald Trump is asked by a reporter why the US didn't tell Japan ahead of time about its strike on Iran. “Who knows better about surprise than Japan?” he said, turning to the Japanese Prime Minister Sanae Takaichi with a chuckle. She was visiting the White House. (Source: Bloomberg)
This wasn’t just a mean-spirited version of Britain, it was also positively deranged Abandon hope all ye who enter here. You’d have thought this would be the very definition of futility. An act of defiant nihilism. A few weeks ago Kemi Badenoch had declared that the Tory candidate for Gorton and Denton, Charlotte Cadden, had been the real winner despite getting under 2% of the vote and losing her ...
This wasn’t just a mean-spirited version of Britain, it was also positively deranged Abandon hope all ye who enter here. You’d have thought this would be the very definition of futility. An act of defiant nihilism. A few weeks ago Kemi Badenoch had declared that the Tory candidate for Gorton and Denton, Charlotte Cadden, had been the real winner despite getting under 2% of the vote and losing her deposit. Now Kemi was to launch the Conservatives’ local election campaign in the certain knowledge the end result would be electoral wipeout. Tory councillors falling on their swords en masse. And yet… This was politics as looking-glass war. Where all the old certainties were gone. Where you couldn’t be sure that anything was real. Because inside the cafe at St John’s Smith Square in Westminster, the excitement was tangible. Most of the shadow cabinet were lined up in the front row behind the podium, their smiles more or less genuine. And behind them about a hundred Tory activists, chanting and waving banners and union jacks. You could even spot John Redwood lurking in the background. The night of the living dead. Continue reading...
hapabapa/iStock Editorial via Getty Images Novo Nordisk ( NVO ) ( NONOF ) announced on Thursday that the U.S. Food and Drug Administration (FDA) approved a new 7.2 mg version of its blockbuster obesity therapy Wegovy as a treatment to lower extra body weight and maintain weight reduction in the long term. The high-dose version of the GLP-1 therapy semaglutide is already indicated in the U.K. and E...
hapabapa/iStock Editorial via Getty Images Novo Nordisk ( NVO ) ( NONOF ) announced on Thursday that the U.S. Food and Drug Administration (FDA) approved a new 7.2 mg version of its blockbuster obesity therapy Wegovy as a treatment to lower extra body weight and maintain weight reduction in the long term. The high-dose version of the GLP-1 therapy semaglutide is already indicated in the U.K. and EU for adults with obesity. Branded as Wegovy HD, the once‑weekly injectable will complement the 2.4 mg dose of the GLP-1 drug, which is already available in the U.S. for weight management and reduction of major cardiovascular events such as stroke. The FDA has approved the company’s supplemental New Drug Application, issuing the Danish drugmaker a Commissioner’s National Priority Voucher, which accelerates the review of products targeting major national health concerns. The approval is based on data from the company’s STEP-UP Phase 3 program, in which obese patients on semaglutide 7.2 mg experienced an average weight loss of 20.7% over 72 weeks. Novo ( NVO ) expects to begin the U.S. rollout of Wegovy HD in a single -dose pen in April. More on Novo Nordisk A/S Novo Nordisk: The Illusion Of Cheap Novo Nordisk - Enough Is Enough: 5 Reasons It's Time To Sell (Rating Downgrade) Novo Nordisk: Buying The Dip Before Volume Dominance Novo’s China obesity drug posts positive mid-stage trial results Novo Nordisk board proposes DKK 7.95 final dividend for 2025, initiates DKK 15B buyback
Apple's MacBook Neo is impressive for its $600 price, but its A18 Pro processor is one of its biggest compromises compared to a modern MacBook Air— in our review , we found it was more than up to basic computing tasks, but for demanding workloads that benefit from more CPU and GPU cores and RAM, the Air is a better choice. But those limited computing resources are still enough to run Windows on yo...
Apple's MacBook Neo is impressive for its $600 price, but its A18 Pro processor is one of its biggest compromises compared to a modern MacBook Air— in our review , we found it was more than up to basic computing tasks, but for demanding workloads that benefit from more CPU and GPU cores and RAM, the Air is a better choice. But those limited computing resources are still enough to run Windows on your Mac using the Parallels Desktop virtualization software— so says Parallels itself , which after some testing and benchmarking has declared the Neo suitable for "lightweight computing and everyday productivity, document editing, and web-based apps" while running Windows 11. Parallels says the MacBook Neo's respectable single-core CPU performance keeps the Neo feeling "quick and responsive" when running multiple Windows-only software packages, including QuickBooks Desktop and other accounting apps, Microsoft Office, "light engineering and data tools" including AutoCAD LT and MATLAB, and "Windows-only courseware and education software" with "no Mac equivalent." In Parallels' testing, the Neo's single-core CPU performance in Windows was still roughly 20 percent faster compared to a Core Ultra 5 235U chip in a Dell Pro 14 laptop. Read full article Comments