You've probably heard that Ford Motor Company (F +0.37%) is making a big pivot away from electric vehicles (EVs), a result of slow sales of its current EVs and the Trump Administration's decision to end most tax credits and subsidies for EV buyers. That's partly true. While Ford has canceled (or indefinitely postponed) most of its planned fancier EVs, it's continuing with a $5 billion program to l...
You've probably heard that Ford Motor Company (F +0.37%) is making a big pivot away from electric vehicles (EVs), a result of slow sales of its current EVs and the Trump Administration's decision to end most tax credits and subsidies for EV buyers. That's partly true. While Ford has canceled (or indefinitely postponed) most of its planned fancier EVs, it's continuing with a $5 billion program to launch a line of affordable EVs built around a new low-cost architecture it calls the "Universal EV Platform." Given the headwinds that EV sales in the U.S. have been facing, it seems like a risky bet. Is it? A radical shift to make Ford's EVs cheaper and better The Universal EV Platform is the result of a multiyear effort to develop new ways to design and build electric Fords. Its name is a riff on some of Ford's earliest advertising, which branded the original Ford Model T as a "Universal Car." Just as the Model T's chassis spawned sedans, roadsters, two-seater coupes, and several different kinds of small trucks (including the first Ford pickups), the Universal EV platform will underpin a variety of vehicles and vehicle types. Ford hasn't told us everything yet, but we know the platform is full of innovations designed to make it simpler to produce, which will lower its cost. It's also designed to maximize efficiency, as more efficiency means engineers can reduce the size (and weight, and cost) of the battery pack while still delivering good range. "It represents the most radical change on how we design and how we build vehicles at Ford since the Model T," CEO Jim Farley said last month. Ford is said to be targeting a range of over 300 miles for the Universal EV–based vehicles. What Ford will build on this new lower-cost EV platform First up is a fully electric pickup truck due next year with an expected starting price of around $30,000. This isn't an F-150: Ford has described it as a "midsize four-door" pickup, promising a roomy interior (thanks to the shape of the battery...
格隆汇3月11日｜美东时间周二，英伟达首席执行官黄仁勋罕见以个人名义发表长篇博文“AI is a five layer cake”，并写道：“我们才刚刚开始这项建设。我们已经投入了数千亿美元。还有数万亿美元的基础设施需要建设。”“人工智能是当今塑造世界的最强大力量之一。它并非一款智能应用或单一模型；它如同电力和互联网一样，是不可或缺的基础设施。” 黄仁勋将AI产业架构形象地比作“五层蛋糕”：能源→...
格隆汇3月11日｜美东时间周二，英伟达首席执行官黄仁勋罕见以个人名义发表长篇博文“AI is a five layer cake”，并写道：“我们才刚刚开始这项建设。我们已经投入了数千亿美元。还有数万亿美元的基础设施需要建设。”“人工智能是当今塑造世界的最强大力量之一。它并非一款智能应用或单一模型；它如同电力和互联网一样，是不可或缺的基础设施。” 黄仁勋将AI产业架构形象地比作“五层蛋糕”：能源→芯片→基础设施→模型→应用。早在今年1月，黄仁勋就曾解释过“五层蛋糕”的原理：最底层是能源基础，向上依次为芯片与计算基础设施、云计算、AI模型，顶层则为金融、医疗、制造等具体行业应用。他在最新博文中又进一步指出，“每个成功的应用程序都牵动着其下方的每一层架构，一直延伸至支撑其运行的核心动力源。”
Healthcare data analytics company Health Catalyst HCAT will be reporting results this Thursday after market close. Here’s what to look for. Health Catalyst beat analysts’ revenue expectations last quarter, reporting revenues of $76.32 million, flat year on year. It was a slower quarter for the company, with revenue guidance for next quarter missing analysts’ expectations significantly and EBITDA g...
Healthcare data analytics company Health Catalyst HCAT will be reporting results this Thursday after market close. Here’s what to look for. Health Catalyst beat analysts’ revenue expectations last quarter, reporting revenues of $76.32 million, flat year on year. It was a slower quarter for the company, with revenue guidance for next quarter missing analysts’ expectations significantly and EBITDA guidance for next quarter missing analysts’ expectations significantly. Is Health Catalyst a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, the market is expecting Health Catalyst’s revenue to decline 7% year on year, a reversal from the 6% increase it recorded in the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Health Catalyst rarely misses Wall Street’s revenue estimates. Looking at Health Catalyst’s peers in the data analytics segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Palantir Technologies delivered year-on-year revenue growth of 70%, beating analysts’ expectations by 4.9%, and Strategy reported revenues up 1.9%, topping estimates by 0.6%. Palantir Technologies traded up 6.8% following the results while Strategy was also up 26.1%. Read our full analysis of Palantir Technologies’s results here and Strategy’s results here. Investors in the data analytics segment have had steady hands going into earnings, with share prices flat over the last month. Health Catalyst is down 15.5% during the same time and is heading into earnings with an average analyst price target of $3.88 (compared to the current share price of $1.83).
Thailand ’s Prime Minister Anutin Charnvirakul has finalised his coalition partners and tapped allies for cabinet posts, but the spillover from the war in the Middle East is already diluting the economic momentum his new government hopes to take into office. Anutin’s in-tray was already bulging with promises to address domestic woes, including high household debt and a slowdown in growth that has ...
Thailand ’s Prime Minister Anutin Charnvirakul has finalised his coalition partners and tapped allies for cabinet posts, but the spillover from the war in the Middle East is already diluting the economic momentum his new government hopes to take into office. Anutin’s in-tray was already bulging with promises to address domestic woes, including high household debt and a slowdown in growth that has led to an anaemic 2026 forecast of between 1.5 and 2.1 per cent. But the unexpected energy price increase and soaring freight costs triggered by the Iran war have added to the burden of a government looking for “quick wins” when it formally takes office, likely next month, after a convincing electoral win on February 8. Advertisement The energy ministry on Tuesday said there were currently no fuel shortages. But with three months of reserves slowly dwindling as the conflict drags into a second week, Anutin called on government workers to stay at home where possible, while a wider appeal has gone out to the public to conserve energy including by limiting air conditioning units to 26 degrees Celsius (78.8 degrees Fahrenheit) – just as the kingdom enters its hottest season. “The prime minister ordered that starting from today [Tuesday] civil servants will work from home,” spokeswoman Lalida Periswiwatana told reporters. A petrol station attendant fills the tank of a car in Bangkok, Thailand, on Monday. Some drivers have begun panic buying diesel amid fears of a fuel shortage. Photo: AP Some drivers have begun panic buying diesel while businesses brace for impact from a prolonged Middle East war on their supply chain and energy needs in a country brutally exposed to a far-off conflict.
lucentius/iStock via Getty Images This article is part of a series that provides an ongoing analysis of the changes made to Pershing Square's 13F portfolio on a quarterly basis. It is based on Ackman's regulatory 13F Form filed on 02/17/2026. Please visit our Tracking Bill Ackman's Pershing Square Holdings article for an idea of how his holdings have progressed over the years and our previous upda...
lucentius/iStock via Getty Images This article is part of a series that provides an ongoing analysis of the changes made to Pershing Square's 13F portfolio on a quarterly basis. It is based on Ackman's regulatory 13F Form filed on 02/17/2026. Please visit our Tracking Bill Ackman's Pershing Square Holdings article for an idea of how his holdings have progressed over the years and our previous update for the fund's moves during Q3 2025. Ackman's 13F portfolio value increased from ~$14.64B to ~$15.53B this quarter. The number of positions remained steady at 10. The portfolio remains heavily concentrated with a few huge bets. The top three positions account for ~59% of the total portfolio value: Brookfield Corp., Uber Technologies, and Amazon.com. Their flagship fund's (2004 inception) track record is excellent, with annualized returns of ~15.9% compared to ~10.7% for the S&P 500 index. In addition to partner stakes, the fund also invests the capital from Pershing Square Holdings ( PSHZF ), a public entity that debuted on Euronext Amsterdam in October 2014. This was set up primarily to increase the amount of capital invested that is permanent. It has always traded at a discount to NAV. It currently trades at ~$56 per share compared to NAV of ~$77. Fannie Mae ( FNMA ) and Freddie Mac ( FMCC ) are other long positions in the partnership - the holdings were disclosed in 13D filings on November 15, 2013 - as they are not 13F securities , they are not listed in the 13F report. Ackman holds just under 10% of the outstanding shares of both these businesses - 115.57M shares of FNMA at a cost basis of $2.29 and 63.5M shares of FMCC at a cost basis of $2.14. The combined investment outlay was ~$400M. FNMA currently trades at $6.03 & FMCC at $5.32 per share. In March 2018, Pershing Square said their Fannie/Freddie pfds ( FNMAS ) ( FMCKJ ) now amount to 21% of the total investment in the two GSEs. Their 2025 annual investor call mentioned the following: " We believe YTD share pric...
The rapid pace of AI and cloud adoption necessitates continuous innovation and adaptation, posing a risk if Oracle fails to keep up with technological advancements. Oracle's strategic partnerships with Microsoft, Google, and Amazon have expanded its multicloud capabilities, unlocking significant demand for its database services across various clouds. The company has successfully integrated AI into...
The rapid pace of AI and cloud adoption necessitates continuous innovation and adaptation, posing a risk if Oracle fails to keep up with technological advancements. Oracle's strategic partnerships with Microsoft, Google, and Amazon have expanded its multicloud capabilities, unlocking significant demand for its database services across various clouds. The company has successfully integrated AI into its SaaS offerings, enhancing its applications with over 1,000 AI agents and launching new AI-powered products. Story Continues Q & A Highlights Q: Can you discuss the halo effect of AI infrastructure on Oracle's other businesses and provide visibility into CapEx for fiscal '27? A: Michael Sicilia, CEO, explained that the AI infrastructure business is indeed creating a halo effect, enhancing Oracle's applications by embedding high-quality AI services. This proximity to mission-critical data allows customers to derive value from AI quickly. Doug Kehring, Principal Financial Officer, noted that while CapEx details for fiscal '27 will be shared later, Oracle's innovative funding mechanisms are decoupling CapEx from Oracle's capital requirements, maintaining investment-grade ratings. Q: As Oracle transitions to higher levels of AI inferencing, how does the company plan to optimize the location of its data centers? A: Clay Magouyrk, CEO, stated that while inferencing demand is growing, latency concerns are more about hardware architecture than data center location. Oracle focuses on placing data centers where power and land are abundant, optimizing for availability and cost, rather than proximity to population centers. Q: What is the opportunity with Oracle's AI database and AI data platform, especially with enterprises adopting tools from Frontier LLMs? A: Clay Magouyrk highlighted that while specific training of private LLMs is less common, combining the best models with private data is in high demand. Oracle's AI data platform facilitates this by integrating data from variou...
Sirens warning of Iranian missiles blare out so frequently that Joycee Pelayo, a Filipino living near to Tel Aviv, doesn’t leave the house any more. Each time an alert sounds, she rushes to help the older man she cares for, supporting him into a wheelchair, then down the steps into a nearby shelter. “Last night, there were three alerts. We received it at about 2am, in the middle of the night, and ...
Sirens warning of Iranian missiles blare out so frequently that Joycee Pelayo, a Filipino living near to Tel Aviv, doesn’t leave the house any more. Each time an alert sounds, she rushes to help the older man she cares for, supporting him into a wheelchair, then down the steps into a nearby shelter. “Last night, there were three alerts. We received it at about 2am, in the middle of the night, and then 3am, and then 4am,” says Pelayo. She is among 2.4 million Filipinos living across the Middle East, who moved in pursuit of higher wages and a chance to give a better life to families back home, but now find themselves living with a daily barrage of drone and missile strikes. The war that has erupted between the US, Israel and Iran, engulfing the region, has already proved deadly to Filipinos workers abroad. On 28 February, 32-year-old Mary Ann De Vera, a Filipino working as a carer, became the first casualty of the conflict in Israel. She was killed in Tel Aviv after being hit by shrapnel while escorting her employer, an older woman, to a shelter. Her employer survived. Migrant workers have repeatedly found themselves in the frontlines of recent conflict in Israel. Thai nationals, who help power Israel’s agricultural industry, accounted for the highest number foreign victims of the Hamas attacks in October 2023. At least 47 Thais were killed, while 28 Thai hostages were eventually released. Four Filipinos were also killed in the Hamas attack. The Middle East is one of the main destinations for Filipinos who work abroad, and the salaries offered in the region – in jobs ranging from domestic work and healthcare, to construction and engineering – can be many times higher those available back home. In the Philippines, those who go abroad to work are praised by politicians as modern day heroes, because of the tens of billions of dollars they remit home every year. But such work comes at a high personal cost. They endure long periods away from children and partners, and can ...
Q : You have done a great job lowering the break-even point over the last few years. What are management's priorities now? Is it still a focus on driving profitability or shifting towards growth through new launches and innovations? A : Mark Goldston, Executive Chairman: We will always focus on profitability, but we are reallocating marketing spend to new initiatives. We will focus more on nutriti...
Q : You have done a great job lowering the break-even point over the last few years. What are management's priorities now? Is it still a focus on driving profitability or shifting towards growth through new launches and innovations? A : Mark Goldston, Executive Chairman: We will always focus on profitability, but we are reallocating marketing spend to new initiatives. We will focus more on nutrition, which typically has a lower customer acquisition cost and offers a migratory path to digital fitness. Financial discipline remains a priority, but we are open to additional investment spending if profitability allows. There is uncertainty regarding the full impact of new product launches and retail partnerships, as these initiatives are still in early stages and require time to gain traction. The company faces challenges in achieving immediate revenue growth, with expectations for clean year-over-year comparisons only possible by Q3 2026. Nutrition and other revenue decreased by 39% year over year, highlighting the ongoing impact of the business model shift. Total revenues for Q4 2025 declined 35.7% year over year, reflecting the impact of the transition from the MLM model. BODI has maintained strong financial discipline, achieving nine consecutive quarters of positive adjusted EBITDA and a cash balance significantly above its debt level, ensuring financial stability. The company plans to enter the retail market with its nutritional products, including a new P90X line and a revamped Shakeology product, which has historically been a strong revenue driver. BODI launched innovative products like the '10 Minute Body' program and the new P90X Generation Next, targeting a broader audience including those with limited time for exercise. The Beachbody Co Inc ( NASDAQ:BODI ) achieved a significant financial turnaround in 2025, reporting positive net income and operating income for the first time since 2021. For the complete transcript of the earnings call, please refer to the fu...
Halo, short for heavy assets, low obsolescence, has emerged as a major Wall Street theme in recent weeks. Investors are rotating from tech stocks to companies with real physical assets amid fears over artificial intelligence, geopolitical tensions and rising prices of resources and infrastructure. Here’s what you need to know about how the strategy gained popularity and why it matters to China. Wh...
Halo, short for heavy assets, low obsolescence, has emerged as a major Wall Street theme in recent weeks. Investors are rotating from tech stocks to companies with real physical assets amid fears over artificial intelligence, geopolitical tensions and rising prices of resources and infrastructure. Here’s what you need to know about how the strategy gained popularity and why it matters to China. What is Halo? Advertisement The term was coined last month by Josh Brown, CEO of Ritholtz Wealth Management, to describe firms that own large, high-barrier physical assets and have stable business models, making them less vulnerable to disruption by AI or other new technologies. Brown said the “Halo trade” was a more accurate framework for finding winners in today’s market. The investment strategy was later amplified in a February report by Goldman Sachs. Advertisement The investment bank defines Halo companies by two key traits.
The historian Rutger Bregman argues that consumers should boycott OpenAI’s ChatGPT after the company’s deal with the Pentagon. “A lot of people don’t know that their friendly chatbot, ChatGPT, has embedded itself into the authoritarian infrastructure of the Trump administration,” Bregman tells Helen Pidd. He has joined the QuitGPT group, which is demanding OpenAI stop all donations to Trump and fo...
The historian Rutger Bregman argues that consumers should boycott OpenAI’s ChatGPT after the company’s deal with the Pentagon. “A lot of people don’t know that their friendly chatbot, ChatGPT, has embedded itself into the authoritarian infrastructure of the Trump administration,” Bregman tells Helen Pidd. He has joined the QuitGPT group, which is demanding OpenAI stop all donations to Trump and for the company to “refuse to allow AI for mass surveillance of Americans or lethal autonomous weapons”. “With QuitGPT, we have an extraordinary historic opportunity,” Bregman says. “An actually effective consumer boycott that may take a company down and that will send a signal to all of Silicon Valley, to boardrooms everywhere: you could be next.” Support the Guardian today: theguardian.com/todayinfocuspod