Key Points Sold 398,334 shares of Eagle Materials; estimated transaction value ~$87.91 million (based on quarterly average pricing). Position value declined by $107.20 million over the quarter, reflecting both trading and price movement effects. Represents a 0.93% reduction in 13F AUM for the quarter. Post-trade holding: 545,349 shares valued at $112.71 million. The stake now accounts for 1.2% of ...
Key Points Sold 398,334 shares of Eagle Materials; estimated transaction value ~$87.91 million (based on quarterly average pricing). Position value declined by $107.20 million over the quarter, reflecting both trading and price movement effects. Represents a 0.93% reduction in 13F AUM for the quarter. Post-trade holding: 545,349 shares valued at $112.71 million. The stake now accounts for 1.2% of fund AUM, placing it outside the fund’s top five holdings. 10 stocks we like better than Eagle Materials › On February 17, 2026, Frontier Capital Management reported selling 398,334 shares of Eagle Materials (NYSE:EXP), an estimated $87.91 million trade based on quarterly average pricing. What happened According to a February 17, 2026, SEC filing, Frontier Capital Management sold 398,334 shares of Eagle Materials (NYSE:EXP) during the fourth quarter. The estimated value of this trade, based on the quarterly average price, was $87.91 million. The fund ended the quarter with 545,349 shares in the company, and the holding's value decreased by $107.20 million, reflecting both trading and stock price changes. What else to know This was a sell transaction; the position now makes up 1.2% of reported 13F AUM, down from 2.0% in the prior quarter. Top holdings after the filing: NASDAQ: FTAI: $255.23 million (2.7% of AUM) NYSE: AMTM: $167.42 million (1.8% of AUM) NYSE: GVA: $145.10 million (1.5% of AUM) NYSE: ATI: $140.86 million (1.5% of AUM) NASDAQ: MDB: $126.79 million (1.3% of AUM) As of February 16, 2026, Eagle Materials shares were priced at $235.11, down 5.7% over the past year with a one-year alpha of (17.5) percentage points versus the S&P 500. Company overview Metric Value Revenue (TTM) $2.30 billion Net income (TTM) $430.13 million Dividend yield 0.52% Price (as of market close February 13, 2026) $235.11 Company snapshot Produces and supplies cement, concrete and aggregates, gypsum wallboard, and recycled paperboard, with main revenue from heavy construction and light build...
Amazon-backed (AMZN) Anthropic has filed a lawsuit against the US Department of War for designating Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
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NVIDIA (NASDAQ:NVDA) has not solely become a trillion-dollar company because it made the best chips, but it became one because it was seemingly the only company that could deliver what the AI industry needed, exactly when it needed it. This kind of structural dependence is what turns a stock into a generational winner. As a ... 5 AI Stocks That Could Be the Next Nvidia — Before Wall Street Figures...
NVIDIA (NASDAQ:NVDA) has not solely become a trillion-dollar company because it made the best chips, but it became one because it was seemingly the only company that could deliver what the AI industry needed, exactly when it needed it. This kind of structural dependence is what turns a stock into a generational winner. As a ... 5 AI Stocks That Could Be the Next Nvidia — Before Wall Street Figures It Out
Costco (COST +0.53%) has been a monster market winner. The shares' trailing 10-year total return of 691% (as of March 5) trounces that of the S&P 500 index. After learning about this kind of remarkable performance, it's understandable if investors want to hop on the bandwagon for the sake of their portfolios. Take a minute to pause, however. Here are three things to know about this retail stock be...
Costco (COST +0.53%) has been a monster market winner. The shares' trailing 10-year total return of 691% (as of March 5) trounces that of the S&P 500 index. After learning about this kind of remarkable performance, it's understandable if investors want to hop on the bandwagon for the sake of their portfolios. Take a minute to pause, however. Here are three things to know about this retail stock before you buy. 1. Costco is not a typical retail operation Costco's business model rests on its ability to sell merchandise in a wide range of categories, including groceries, electronics, apparel, and furniture, at very low prices. On the surface, this doesn't really stand out. After all, the world of retail is incredibly cutthroat. And businesses must separate from the pack if they want to win customers over. Investors might be surprised to learn that Costco's main objective isn't to make as much money as possible from its merchandise. In fact, the typical markup on its goods is 11%. That's much lower than the markup at other big-box retailers. Instead, the goal is to push more volume. "We will never succumb to not being the best price and driving prices down for our members," CEO Ron Vachris said on the Q1 2026 earnings call. "That's what Costco is known for. That will always be our leading mantra." Those low prices and that low gross margin are a feature. And they are intentional. They support the true profit generator, which are the memberships. Costco believes so much in the value proposition it offers that it layers a membership model on top. Households must pay $65 annually for the basic membership (or $130 for the executive option that comes with added perks) to be able to shop in the warehouses. This strategy supports loyalty and frequent visits. And it brings in a high-margin and recurring revenue stream that totaled $1.4 billion in Q2 2026 (ended Feb. 15). 2. Scale is the most important attribute During the latest fiscal quarter, Costco collected net sales of $68...
Key Points Costco's objective isn’t to maximize margins, but to sell as much volume as possible. The company’s massive scale, with $68 billion in net sales in Q2 2026, supports its durability. Shares rarely trade at a discounted valuation, which indicates the market’s appreciation of Costco as a safe opportunity. 10 stocks we like better than Costco Wholesale › Costco (NASDAQ: COST) has been a mon...
Key Points Costco's objective isn’t to maximize margins, but to sell as much volume as possible. The company’s massive scale, with $68 billion in net sales in Q2 2026, supports its durability. Shares rarely trade at a discounted valuation, which indicates the market’s appreciation of Costco as a safe opportunity. 10 stocks we like better than Costco Wholesale › Costco (NASDAQ: COST) has been a monster market winner. The shares' trailing 10-year total return of 691% (as of March 5) trounces that of the S&P 500 index. After learning about this kind of remarkable performance, it's understandable if investors want to hop on the bandwagon for the sake of their portfolios. Take a minute to pause, however. Here are three things to know about this retail stock before you buy. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » 1. Costco is not a typical retail operation Costco's business model rests on its ability to sell merchandise in a wide range of categories, including groceries, electronics, apparel, and furniture, at very low prices. On the surface, this doesn't really stand out. After all, the world of retail is incredibly cutthroat. And businesses must separate from the pack if they want to win customers over. Investors might be surprised to learn that Costco's main objective isn't to make as much money as possible from its merchandise. In fact, the typical markup on its goods is 11%. That's much lower than the markup at other big-box retailers. Instead, the goal is to push more volume. "We will never succumb to not being the best price and driving prices down for our members," CEO Ron Vachris said on the Q1 2026 earnings call. "That's what Costco is known for. That will always be our leading mantra." Those low prices and that low gross margin are a feature. And they are intentional. They support the...
Name: Hasslers. Age: More like ageing. Appearance: Regrettable. That’s not very nice! None of us are getting any younger. You misunderstand me. I’m talking about people whose mere presence seems to have an ageing effect. You mean children? Not in this instance (though generally, yes). Researchers have been studying the effects on health of interacting with hasslers – those “who create problems or ...
Name: Hasslers. Age: More like ageing. Appearance: Regrettable. That’s not very nice! None of us are getting any younger. You misunderstand me. I’m talking about people whose mere presence seems to have an ageing effect. You mean children? Not in this instance (though generally, yes). Researchers have been studying the effects on health of interacting with hasslers – those “who create problems or make life more difficult”. Ah. I’m familiar. Aren’t we all. As the study, which was was published in Proceedings of the National Academy of Sciences, put it, such “negative ties are not rare”, and they “have long been understood as a persistent element of human social life”. So just how prevalent are these hasslers? Nearly 30% of individuals surveyed reported having at least one in their social network, mostly in a peripheral position. If they’re only peripheral, why do we put up with them? They might be family, for a start. Often, there’s a level of obligation: hasslers are more likely to be colleagues or flatmates than friends, for example. What if we’re being hassled on all fronts, personally and professionally? Good luck to you. According to the researchers, the more hasslers you have in your network, the faster you’ll age. Are we talking hours, days, years, decades? They say your pace of ageing increases by 1.5% for every hassler in your life. That doesn’t sound too bad. Put another way, “each additional hassler corresponds to roughly nine months older biological age”. Nine months! “Roughly,” they said. Still, that seems like an oddly specific impact to pin on an individual, difficult as he or she may be. I don’t disagree. Speaking to the Washington Post, the researchers emphasised that their study doesn’t show causation, but rather an association between relationships with hasslers and the rate of ageing. Look at it this way: positive relationships protect us against age-related decline, so it tracks that negative ones would speed it up. How does a person age us, anyw...
In Brief OpenAI announced Monday it has acquired Promptfoo, an AI security startup founded in 2024 to protect LLMs from online adversaries. The frontier lab said in a blog post that once the deal closes, Promptfoo’s technology will be integrated into OpenAI Frontier, its enterprise platform for AI agents. The development of independent AI agents that perform digital tasks has generated excitement ...
In Brief OpenAI announced Monday it has acquired Promptfoo, an AI security startup founded in 2024 to protect LLMs from online adversaries. The frontier lab said in a blog post that once the deal closes, Promptfoo’s technology will be integrated into OpenAI Frontier, its enterprise platform for AI agents. The development of independent AI agents that perform digital tasks has generated excitement about productivity gains. But it’s also given bad actors fresh opportunities to access sensitive data or manipulate automated systems. This deal underscores how frontier labs are scrambling to prove their technology can be used safely in critical business operations. Promptfoo was founded by Ian Webster and Michael D’Angelo to develop tools that companies can use to test security vulnerabilities in LLMs, including an open-source interface and library. The company reports that its products are used by more than 25% of Fortune 500 companies. Promptfoo has raised just $23 million since its founding, and was valued at $86 million after its most recent round in July 2025, according to Pitchbook. OpenAI did not disclose the value of the transaction. OpenAI’s post said Promptfoo’s technology will allow its agent platform to perform automated red-teaming, evaluate agentic workflows for security concerns, and monitor activities for risks and compliance needs. The company also said it expects to continue building out Promptfoo’s open-source offering.
Douglas Rissing/iStock via Getty Images WTI and Brent crude oil neared $120 per barrel on Sunday night and into Monday morning, as Week 2 of the U.S.-Iran conflict pressed on. The global energy shock makes waves across the macroeconomic environment. One impact is a notable rise in US recession expectations. That chance is now seen near 35%, according to prediction markets, along with famed strateg...
Douglas Rissing/iStock via Getty Images WTI and Brent crude oil neared $120 per barrel on Sunday night and into Monday morning, as Week 2 of the U.S.-Iran conflict pressed on. The global energy shock makes waves across the macroeconomic environment. One impact is a notable rise in US recession expectations. That chance is now seen near 35%, according to prediction markets, along with famed strategist Ed Yardeni’s refreshed outlook. Not surprisingly, U.S. mid-caps have been hit harder than large caps, while international equities have badly underperformed the S&P 500 so far this month. Today, I’m revisiting the Vanguard Mid-Cap ETF ( VO ). I had a "Buy" rating on the fund back in August 2025 —a much calmer time. Shares are up 5% since then, slightly beating the S&P 500. Of course, there was a strong alpha earlier this year, followed by VO sharply lagging the SPX just this month. I am downgrading VO to a "Hold" given weaker momentum and downside risk to the currently rising EPS forecast. But I'm not really bearish—I own VO and may add if it dips into the $270s. U.S. Recession Chance Rises to Near 35% Kalshi Mid-Caps' EPS Estimates Rising Yardeni US Mid-Caps Near 16x Earnings Goldman Sachs According to the issuer , VO seeks to track the performance of the CRSP US Mid Cap Index, which measures the investment return of mid-capitalization stocks. The ETF provides a convenient way to match the performance of a diversified group of mid-sized companies, and it follows a passively managed, full-replication approach. VO is a large ETF, now with $97 billion in assets under management as of March 6, 2026. Its annual expense ratio is very low at just 3 basis points, while the trailing 12-month dividend yield is slightly above that of the S&P 500 at 1.49%. Share-price momentum is rated well by Seeking Alpha’s quantitative scoring system, currently with a B ETF Grade. That could turn lower if we see more weakness in VO price action. From a risk perspective , VO sports a very low 9%...
An image of a Tesla humanoid robot in front of the company logo Around the World Photos via Shutterstock Elon Musk’s Tesla (TSLA) has come a long way, but that progress has also created a new dilemma for investors. The company can now either be viewed as an electric vehicle (EV) giant that is currently facing some challenges, or as an artificial intelligence (AI)-driven technology company increasi...
An image of a Tesla humanoid robot in front of the company logo Around the World Photos via Shutterstock Elon Musk’s Tesla (TSLA) has come a long way, but that progress has also created a new dilemma for investors. The company can now either be viewed as an electric vehicle (EV) giant that is currently facing some challenges, or as an artificial intelligence (AI)-driven technology company increasingly focused on robotaxis, autonomy, and robotics. Adding to that debate, Musk has once again made a bold claim about Tesla’s future. Recently, the CEO said his company could be among the first to develop artificial general intelligence (AGI) and “probably the first to make it in humanoid/atom-shaping form,” underscoring his strong belief in Tesla’s long-term AI ambitions. The claim is particularly striking because AGI is widely seen as one of the ultimate goals of AI. It refers to a hypothetical form of AI capable of understanding, learning, and performing virtually any intellectual task that a human can, potentially matching or even surpassing human intelligence. Such an advanced humanoid system would likely be a generation or two ahead of what Tesla is currently expected to introduce with Optimus Gen 3, a humanoid robot designed to handle industrial and household tasks using Tesla’s full self-driving–style AI stack. With Musk doubling down on Tesla’s ambitions in AI and robotics, investors are increasingly weighing the company’s current EV challenges against its potentially transformative AI future. Given this backdrop, is now the right time to buy TSLA stock? About Tesla Stock Founded in 2003, Austin-based Tesla has evolved from a small EV startup into one of the most closely followed companies in global markets. The firm built its reputation by challenging the traditional auto industry with its lineup of EVs, battery innovations, and clean-energy solutions. Yet Tesla’s narrative today extends far beyond electric cars. The company has been channeling significant resourc...
Getty Images By Mike Larson At the 2026 MoneyShow Las Vegas, I sat down with Ophelia Snyder, co-founder of 21Shares, and Andrew McCormick, head of eToro US, to break down what’s really happening in crypto — and where the industry is headed next. Transcript Mike Larson: Hi there. I'm Mike Larson, Editor in Chief with MoneyShow, and I'm coming to you from the MoneyShow Las Vegas. Today, I'm speaking...
Getty Images By Mike Larson At the 2026 MoneyShow Las Vegas, I sat down with Ophelia Snyder, co-founder of 21Shares, and Andrew McCormick, head of eToro US, to break down what’s really happening in crypto — and where the industry is headed next. Transcript Mike Larson: Hi there. I'm Mike Larson, Editor in Chief with MoneyShow, and I'm coming to you from the MoneyShow Las Vegas. Today, I'm speaking with Ophelia Snyder, co-Founder of 21Shares; and Andrew McCormick, Head of eToro U.S. Thank you so much for taking some time out to chat. Andrew McCormick: My pleasure. Ophelia Snyder: Thanks for having us. Mike Larson: Yeah. It's been great. I mean, it was wall-to-wall in here. People were really engaged with the information that you had to share and so where we are in this crypto universe, I guess, for lack of a better word. So, Andrew, why don't we start with you? Talk a little bit about some of the developments you're seeing, some of the volatility we've seen recently, and what thoughts you share with the audience here? Andrew McCormick: Yeah. It's an incredible time. It's an exciting time. There's never any boredom in the world of crypto. This year and last year is all about institutions plowing into the space. And as I shared during a panel earlier, I've been in this space for about nine years, and I was actually on Wall Street talking about crypto, and people thought I was crazy. What are you talking about? We can't touch this space. Is it legal? What does it mean? And now these same firms are investing in the space billions and billions. They're on Capitol Hill trying to develop a framework, and it's exciting. And we've seen about 50% or so decrease in price in Bitcoin ( BTC-USD ) in the past few months, right? But I've lived through quite a few of those drops and if you zoom out and you think, okay, our drop now is to 67,000. A few years ago, the drop was 13. A few years ago, the drop was 3,000. And so, markets go up, markets go down, but trajectory of the space, ...
Chicago is set to test the municipal bond market as war in the Middle East upends global markets . The third-largest US city is scheduled to sell $800 million in general obligation debt Tuesday, on the heels of a downgrade from Fitch Ratings. That includes $508 million taxable and $292 million tax-exempt, according to bond documents dated Feb. 27. Since then, the Iran war has pushed oil prices to ...
Chicago is set to test the municipal bond market as war in the Middle East upends global markets . The third-largest US city is scheduled to sell $800 million in general obligation debt Tuesday, on the heels of a downgrade from Fitch Ratings. That includes $508 million taxable and $292 million tax-exempt, according to bond documents dated Feb. 27. Since then, the Iran war has pushed oil prices to new highs, and rattled stocks and bond prices, even extending to state and local government debt. Yields for benchmark 10-year municipal debt rose Monday for a sixth-straight session in lock step with US Treasuries as higher energy costs stoke inflation concerns, according to data compiled by Bloomberg. While muni bonds are typically seen as a safe haven for investors, debt sold by borrowers with ratings below benchmark securities carry greater risks. Chicago’s 10-year bond yields have widened more than the broader market as the city’s financial stress mounts. The average yield on long-dated Chicago bonds this month has jumped 23.6 basis points to above 4%, compared with the benchmark rising about 18 basis points to 2.65%, data show. “The market is definitely getting a little tougher for deals with all the rate volatility,” said Ryan Ciavarelli , senior vice president for credit research at Belle Haven Investments . “We will be watching the deals closely this week to see how they are placed in the market and if there are any concessions needed to secondary trading levels.” Read More: Muni Bonds See Biggest Decline Since Tariff Fueled-Selloff Last week, at least one bond sale for a school district in California was delayed. Meanwhile, some corporate borrowers are choosing to stand down until markets offer better pricing. “With the Treasury market not performing great, it makes pricing uncertain and harder to set for the underwriters,” said Dan Solender , head of municipal investments at Lord Abbett & Co . “Fund flows are holding up so far, but investors have to watch the ton...
S&P 500 companies' quarterly earnings growth accelerated compared with data up until a week ago, clo Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
S&P 500 companies' quarterly earnings growth accelerated compared with data up until a week ago, clo Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
baona Sturm, Ruger & Co. ( RGR ) and Beretta Holding are locked in a high‑stakes proxy fight ahead of the Sturm, Ruger ( RGR ) annual meeting after Beretta, now Ruger’s largest shareholder, moved to nominate four directors to Ruger’s board at the 2026 annual meeting. Last month, Beretta disclosed a 9.95% stake in Ruger and nominated four independent nominees for the company's board, arguing that y...
baona Sturm, Ruger & Co. ( RGR ) and Beretta Holding are locked in a high‑stakes proxy fight ahead of the Sturm, Ruger ( RGR ) annual meeting after Beretta, now Ruger’s largest shareholder, moved to nominate four directors to Ruger’s board at the 2026 annual meeting. Last month, Beretta disclosed a 9.95% stake in Ruger and nominated four independent nominees for the company's board, arguing that years of weak performance and poor capital allocation require new oversight. Ruger responded that Beretta is a direct competitor seeking “disproportionate representation” and effective control, highlighting Beretta’s demands for up to 25% ownership, special voting rights, and a Beretta executive on the board, which Ruger argues could raise antitrust and national security concerns and trigger CFIUS review. In a defensive move, Sturm, Ruger ( RGR ) adopted a limited‑duration shareholder‑rights plan last year to prevent what it calls a creeping foreign takeover. The company also refreshed its board with several new independent directors. Sturm, Ruger ( RGR ) said it has made multiple good-faith and constructive proposals to Beretta that were designed to avoid a costly and distracting proxy contest and allow the company to remain focused on executing its strategy. Those proposals were said to be carefully structured to preserve Sturm, Ruger's ( RGR ) independence as a public company and ensure compliance with applicable antitrust and national security laws. The proposals would have permitted Beretta to increase its ownership position up to a cap, designate directors, and explore opportunities for true commercial collaboration. However, the company maintains that Beretta repeatedly advanced extreme demands and threatened to "go to war" if those demands were not met Historically, Sturm, Ruger ( RGR ) and Beretta have competed across key handgun and long‑gun categories, but until 2025 they had no significant ownership linkage. Beretta’s initial position in Sturm, Ruger of 7.7% was ...
Phiwath Jittamas/iStock via Getty Images Investment thesis For many investors, spring has been a difficult start, the economic backdrop is turbulent, the news feeds are flooded with various reports, and everything from domestic political battles to events in Iran. Even though the S&P 500 only lost 1.14% in value over the week, some assets took a serious hit. Besides the skeptics who keep saying th...
Phiwath Jittamas/iStock via Getty Images Investment thesis For many investors, spring has been a difficult start, the economic backdrop is turbulent, the news feeds are flooded with various reports, and everything from domestic political battles to events in Iran. Even though the S&P 500 only lost 1.14% in value over the week, some assets took a serious hit. Besides the skeptics who keep saying that the AI bubble is about to burst, new issues related to private lending have popped up. The CLO funds faced problems caused by rising default rates and increased credit risks. First, Blue Owl Capital ( OWL ) sold its $1.4 billion loan portfolio , and then BlackRock ( BLK ) imposed restrictions on withdrawals from its private lending fund , both of which can only be seen as signs of serious problems in this area. All this is in addition to the fact that the start of military operations in Iran caused spot oil prices ( CL1:COM ) to rise by 27.91% over the week. Furthermore, on Friday, labour market data was published showing that the unemployment rate had increased to 4.4% and that the number of jobs created was lower than the number of jobs lost (by 92,000 in February). And that's even though wages are going up, so with oil prices pushing up energy costs, there's a growing risk of inflation. The sole purpose of listing these fundamental factors is to emphasize the complexity of the current period. The more often I hear such news, even if it's about the higher chance of the US continuing/increasing trade protectionism and localizing not only production but also consumption of American IT products (I'm talking about the possible restrictions on exporting Nvidia and AMD chips, though this news was later denied ), I become more and more aware that it is worth being more cautious in forming my personal investment portfolio in 2026, and that, at the very least, the share of growth-oriented assets should be reduced. Even high-yield instruments, such as BDC stocks, only lead me to...