AMD Expands AI Portfolio With New Ryzen Chips: Can the Tech Deliver? The Globe and Mail

Key Points Portolan Capital Management acquired 259,101 shares of Baidu in the fourth quarter; the estimated transaction value was $32.16 million based on the quarter's average share price. Meanwhile, the quarter-end position value rose by $33.85 million, reflecting both new purchases and share price changes. The post-trade stake stood at 263,681 shares valued at $34.45 million as of December 31, 2025. 10 stocks we like better than Baidu › On February 17, 2026, Portolan Capital Management disclosed a buy of Baidu (NASDAQ:BIDU), adding 259,101 shares in the fourth quarter for an estimated $32.16 million based on quarterly average pricing. What happened According to a SEC filing dated February 17, 2026, Portolan Capital Management increased its stake in Baidu (NASDAQ:BIDU) by 259,101 shares during the fourth quarter. The estimated transaction value is $32.16 million, calculated using the quarter's average closing price. The quarter-end value of the position increased by $33.85 million, reflecting both trading activity and share price appreciation. What else to know This buy brings the Baidu stake to 1.85% of reported AUM as of December 31, 2025. Top fund holdings after the filing: NASDAQ:TTMI: $79.12 million (4.2% of AUM) NYSE:MOD: $71.55 million (3.8% of AUM) NASDAQ:CSTL: $67.28 million (3.6% of AUM) NYSE:CLS: $50.93 million (2.7% of AUM) NASDAQ:AKAM: $45.75 million (2.5% of AUM) As of February 17, 2026, BIDU shares were priced at $118.38, up 36% over the past year and well outperforming the S&P 500’s roughly 16% gain in the same period. Company overview Metric Value Revenue (TTM) $18.89 billion Net income (TTM) $1.30 billion Price (as of market close February 17, 2026) $118.38 One-year price change 36% Company snapshot Baidu offers online marketing, cloud services, and video streaming platforms, with revenue primarily from Baidu Core (search, feed, AI, cloud) and iQIYI (online entertainment). The company generates income through advertising, cloud computing services...

StockPlanets/E+ via Getty Images Since I last wrote about Royal Caribbean Cruises Ltd. ( RCL ) in December, the stock is up by 8%. This was expected. What wasn't expected, however, was that its performance would surpass peers. Consider the chart below that traces the price performance of cruise stocks YTD. RCL is not just the best performing, but besides Viking Holdings ( VIK ), it's the only one to see an uptick so far in 2026, as Carnival Corporation ( CCL ) and Norwegian Cruise Line Holdings ( NCLH ) have seen a correction. While there are good reasons for RCL's rise, starting with its results for 2025 and outlook for 2026, investors should brace for pullbacks too, even as the stock's medium-to-long-term story still looks good. All of this is discussed below. Price Returns (YTD): RCL, CCL, NCLH, VIK (Source: Seeking Alpha) Why Has RCL Outperformed? A closer look at RCL's price chart reveals that the real uptick followed the release of its full-year 2025 results . On the day, the stock was up by no less than 19%, with key takeaways from the report as below: Revenues surpass trend growth: The company's revenue growth came in at 8.8%, which is a significant slowing down from last year when it grew by 18.6%. This represents a slowing down even from pre-pandemic levels, as revenues rose by 15.3% even in 2019. I wouldn't be too concerned as yet, though, since growth is still higher than trend levels, with the CAGR for the past 10 years at 8%. Net yield growth fares better than forecast: Net yields, defined as the adjusted gross margin per average passenger cruise day (APCD), grew by 3.7%, notably higher than the guidance range of 2.2-2.7%. Adjusted EPS exceeds guidance: The company also marginally exceeded the profit guidance. While the company had a guidance range of USD 15.58-15.63 for adjusted EPS, the actual number came in at USD 15.64. Guidance reflects further earnings growth: The company's guidance added to some of the strength of the results, with a 15% growth ...

Ranpak Holdings press release ( PACK ): Q4 GAAP EPS of -$0.11. Revenue of $111.9M. More on Ranpak Holdings Seeking Alpha’s Quant Rating on Ranpak Holdings Historical earnings data for Ranpak Holdings Financial information for Ranpak Holdings

格隆汇3月6日｜美国总统特朗普：（被问及泽连斯基提出协助抵御伊朗无人机的提议）我会接受任何国家的任何援助。

Astera Labs (NASDAQ:ALAB) Shares Gap Up - Time to Buy? MarketBeat

格隆汇3月6日｜法国总统马克龙：真主党必须立即停止向以色列境内发射火箭弹。以色列必须避免任何地面行动或大规模军事行动进入黎巴嫩领土。

ridham supriyanto/iStock Editorial via Getty Images Shares of Chubb ( CB ) have been a solid performer over the past year, gaining about 18%. While there has been so much fear about margin compression in the insurance sector, Chubb is delivering better margins than ever, and its excellent approach to risk management should support strong results again in 2026. I last covered Chubb in October , reiterating the stock as a “ B uy.” This call has played out extremely well, with shares up 21% since then. Given the magnitude of the rally and with updated financials, now is a good time to revisit Chubb, especially with the stock above my $320 price target. Seeking Alpha In the company’s fourth quarter , reported on Feb. 3, Chubb earned $7.52 per share, which blew past estimates by $0.74. Net premiums grew just over 4% to $13.5 billion, reflecting price increases and disciplined growth. Back in October, I was targeting $23.50 of 2025 earnings; in reality, it delivered $24.79. This was aided by the lack of major hurricanes in Q4 as well as excellent core underwriting results. While I have consistently argued Chubb is a best-in-breed underwriter, its results continue to impress, and I expect that momentum to persist in 2026. P&C net premiums grew 7.7%. Within this, North America grew by 6.6%, while overseas grew 10.8%, led by strength in personal lines. Latin America and Asia led the way with 14.7% and 13% growth. The company generated $2.2 billion of underwriting income, aided by a $242 million drop in catastrophe losses to $365 million. As a result, its combined ratio was a record low 81.2%. The hurricane season was very quiet in Q4, so cat losses were unusually and unsustainably low; I view Q4 2024 losses as more in keeping with a typical hurricane season. However, even absent this, underwriting quality was pristine. Chubb reported an 80.4% ex-cat combined ratio, which was a record low. As a result, current-year underwriting income ex-cats grew a healthy 16.5% to $2.3 bill...

Earnings Call Insights: Seaport Entertainment Group Inc. (SEG) Q4 2025 Management View CEO Matthew Partridge highlighted major achievements, stating, "we made tremendous progress in 2025 and year-to-date 2026... including generating a 24% year-over-year improvement in our net loss and a 49% year-over-year improvement in our non-GAAP adjusted net loss." He emphasized the sale of 250 Water Street, resulting in "net proceeds of approximately $75 million" and eliminating "$7 million of annual cash burn related to interest expense and carry costs." The closure of the Tin Building and its repositioning through a new lease with Lux Entertainment for the Balloon Museum was described as a "fundamental repositioning" expected to transition the asset to positive free cash flow and potentially improve annual EBITDA by over $22 million. Partridge also noted the signing of a 10-year lease with a Brooklyn-based arts and hospitality concept and the upcoming opening of Sadie's, a new 400-seat, 1,000-person open container district restaurant. Partridge detailed plans to expand Pier 17 event space to "more than 40,000 square feet across 3 floors" and projected "long-term unlevered cash-on-cash returns above 20% with an estimated payback period under 5 years." The Las Vegas Aviators' championship and strong ticket sales momentum were cited, with Partridge stating, "group and season ticket sales are pacing ahead of last year." He also announced Board approval for a "$150 million shelf registration statement and a $50 million stock repurchase program," providing capital flexibility. CFO Lenah Elaiwat reported, "net loss attributable to common stockholders was $36.9 million and $116.7 million, respectively, representing a year-over-year improvement of 11% for Q4 2025 and 24% for the full year 2025." She added, "Non-GAAP adjusted net loss... was $17.5 million for the fourth quarter of 2025 and $54.1 million for the full year, representing improvements of 9% and 49%, respectively." Outlook ...

格隆汇3月6日｜据外媒援引知情人士透露，美国官员已起草法规草案，拟限制全球范围内未经美国批准的人工智能芯片发货，法案将赋予华盛顿广泛的权力，以决定其他国家是否能够以及以何种条件建设用于训练和运行人工智能模型的设施。拟议法规将要求企业向美国申请许可，才能出口几乎所有英伟达和AMD等公司生产的人工智能加速器。这将使目前覆盖约40个国家的管制措施扩展至全球范围。特朗普总统一再表示，他希望世界使用美国的人工智能，而该草案的目的并非禁止英伟达的出口。相反，这项法规将把美国政府设定为人工智能行业的“守门人”：企业（在某些情况下，也包括其所在国政府）必须获得美国商务部的批准，才能购买加速器。

Earnings Call Insights: John Wiley & Sons, Inc. (WLY) Q3 2026 Management View President and CEO Matthew Kissner stated, "The third quarter was fully in line with our stated expectations. Revenue performance was impacted by unfavorable comparables in Research, which we called out in the second quarter and soft market conditions in Learning. We continue to accelerate in all major areas of focus." He highlighted that "Research Publishing continues to outpace the market with global output up 11%, revenue up 4%, excluding AI revenue and steady growth in our multiyear renewals." Kissner announced a new multiyear partnership with OpenEvidence following the quarter close and noted that $7 million of AI revenue was realized. Kissner emphasized, "We're returning more cash to shareholders with repurchases doubling in Q3 to $70 million year-to-date as part of a $100 million full year target. We've returned $126 million in dividend and repurchases in just 9 months, a 37% increase over prior year." He announced the appointment of Armughan Rafat as Chief AI and Data Services Officer, bringing "over 25 years of experience leading technology and data organizations." Executive VP & CFO Craig Albright stated, "Research Publishing is growing at the high end of the market's long-term rate. AI revenue is tracking ahead of expectations. And importantly, we're beginning to see leading indicators of recurring revenue growth in new partnerships, pilots and pipeline, which is where the real value gets built. And our balance sheet is very strong, giving us the capacity to invest in high-return growth opportunities." Outlook Albright raised fiscal 2026 guidance: "We're raising our adjusted EBITDA margin and adjusted EPS guidance to the high end of the range, and we remain confident on all other metrics. Revenue growth is expected to be in the low single digits." Adjusted EBITDA margin is now expected "to finish at the high end of our 25.5% to 26.5% range, up from 24% last year." Adjusted EPS is...

Earnings Call Insights: Kura Oncology (KURA) Q4 2025 Management View Troy Wilson, Chairman, CEO & President, stated, "2025 was a defining year for Kura, marked by FDA approval of KOMZIFTI and initiation of a successful commercial launch." KOMZIFTI generated $2.1 million in net product revenue in the final weeks of 2025, and feedback from stakeholders emphasizes its "meaningful efficacy with differentiated safety, simplicity and combinability with concomitant medications in medically complex AML patients that matters." Wilson highlighted that KOMZIFTI is now listed in the FDA's Orange Book with patent protection through July 2044 and outlined a strategy to expand into frontline AML and combination settings, estimating the total U.S. opportunity at approximately $7 billion. Brian Powl, Chief Commercial Officer, emphasized the goal to "establish clear differentiation in the menin inhibitor class, deliver strong quarter-over-quarter growth and achieve leading-class share in relapsed/refractory NPM1-mutant AML." Powl noted that "prescription trends are strong and the qualitative feedback has been consistent and encouraging," with 84% of private payers establishing coverage within 90 days of approval. He also reported that some payers require step editing, mandating KOMZIFTI use before competitors, which he described as "a meaningful independent validation of KOMZIFTI's profile and competitive advantage." Mollie Leoni, Chief Medical Officer, described the development strategy as "the most comprehensive in the category" and noted that updated clinical data from frontline and relapsed/refractory settings will be presented in 2026. She emphasized the pursuit of combination strategies, including with FLT3 inhibitors, and expanding into solid tumors and resistance mechanisms via darlafarnib. Thomas Doyle, Senior Vice President of Finance & Accounting, reported, "net product revenue from KOMZIFTI sales was $2.1 million compared to none for the fourth quarter of 2024." Collabora...

Iranian officials have blamed the US and Israel for the attack, however neither country has accepted responsibility. Israel says it was not aware of any operations in the area, while US Defense Secretary Pete Hegseth said that Washington was still investigating the incident and that it would "never target, civilian targets".

Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)

Turkcell Iletisim press release ( TKC ): FY revenues increased by 10.7% year-on-year to TRY 241 billion. EPS of TRY8.17 More on Turkcell Iletisim Turkcell Iletisim Hizmetleri A.S. 2025 Q4 - Results - Earnings Call Presentation Seeking Alpha’s Quant Rating on Turkcell Iletisim Historical earnings data for Turkcell Iletisim Dividend scorecard for Turkcell Iletisim Financial information for Turkcell Iletisim

格隆汇3月6日｜法国总统马克龙：黎巴嫩人有权享有和平与安全，正如中东地区的每一个人一样。

Two months ago, a key staffer for Sen. Ted Cruz said in a public meeting that she was "begging" NASA to release a document that would kick off the second round of a competition among private companies to develop replacements for the International Space Station. There has been no movement since then, as NASA has yet to release this "request for proposals." So this week, Cruz stepped up the pressure on the space agency with a NASA Authorization bill that passed his committee on Wednesday. Regarding NASA's support for the development of commercial space stations, the bill mandates the following, within specified periods, of passage of the law: Read full article Comments

Getty Images Listen below or on the go on Apple Podcasts and Spotify Oil surges as conflict threatens shipping through Strait of Hormuz. (0:15) Broadcom jumps, analysts praise strong outlook and AI demand . (1:41) Berkshire resumes share buybacks as CEO buys stock. (2:31) This is an abridged transcript of the podcast: Our top story so far, oil keeps rallying as the U.S.–Israel war on Iran enters its sixth day, with global supply threatened by attacks on critical infrastructure — and shipping traffic through the Strait of Hormuz almost fully stopped. Roughly 20% of the world’s daily oil consumption is now effectively trapped. Crude prices ( USO ) ( BNO ) are up another 5%. Prediction market Kalshi now shows it’s essentially a coin flip on whether Iran officially closes the Strait. The odds of Iran effectively keeping Hormuz closed for seven or more days: Before May 2026: 45% Before August 2026: 55% Before 2027: 53% UBS says renewed attacks on tankers in the Persian Gulf — along with Chinese measures to curb fuel exports — have pushed prices higher. The refined-product market is also showing signs of stress due to missing Middle East exports. A crude tanker near an Iraqi port was targeted by an Iranian remote-controlled explosive boat, and a second tanker anchored off Kuwait was taking on water after an explosion. China’s government has told major refiners to suspend exports of diesel and gasoline, prioritizing domestic supply as the regional conflict escalates. And Goldman Sachs says global oil prices likely will hit $100 per barrel if exports through Hormuz remain subdued for several weeks. Among active stocks, Broadcom ( AVGO ) is higher as Wall Street analysts praised the company’s “strong” outlook for 2027 — a sign that heavy AI spending is set to continue. Citi analyst Atif Malik reiterated his Buy rating after the results, saying any concerns about margins or competition were put to rest. Grocery Outlet ( GO ) is plunging after the company missed estimates and ...

Source: Bloomberg, 0:00

Intense waves of airstrikes have hit dozens of military positions, frontier posts and police stations along northern parts of Iran’s border with Iraq in what appears to be preparation by the US and Israel for a new front in their war. Iran has warned ‘separatist groups’ in this region against joining the widening conflict and launched strikes against Iraq-based Kurdish groups it described as ‘opposed to the revolution’. Could the involvement of these militant groups increase the risk of a civil war in Iran if the regime collapses? Nosheen Iqbal speaks to deputy head of international news Devika Bhat. Continue reading...

Source: Bloomberg, 4:26

HJBC Blue Bottle Coffee is reported to be in advanced talks to be sold by Nestlé S.A. ( NSRGY ) ( NSRGF ) to private equity firm Centurium Capital. The deal is described by sources as being in its final stages but has not yet been formally announced or priced. Centurium Capital is a major backer of Luckin Coffee ( LKNCY ). Nestlé ( NSRGY ) began formally exploring options for Blue Bottle in 2025 as part of a broader strategic review under new CEO Philipp Navratil, hiring Morgan Stanley to assess scenarios including a full sale or divesting only the cafés while keeping the intellectual property to continue selling branded products. Centurium reportedly sees Blue Bottle as a platform to further expand in premium specialty coffee, with potential synergies around Asia-Pacific store growth and packaged product development. Blue Bottle Coffee began in 2001 when former freelance clarinetist James Freeman started roasting tiny batches of coffee in a converted Oakland potting shed, promising to sell beans within 48 hours of roasting. Inspired by one of Europe’s earliest cafés, the historic Blue Bottle Coffee House in Vienna, he adopted its name and focused on meticulous sourcing, freshness, and simple drip preparations. Early growth came primarily through farmers markets and a small kiosk before cafés in the Bay Area, then expansion to New York and Los Angeles.​Venture backing from firms such as Google Ventures fueled rapid scaling of stores and roasting facilities across the U.S. and into Japan and South Korea, where Blue Bottle built a reputation as a minimalist, design‑driven coffee brand. In 2017, Nestlé ( NSRGY ) acquired a 68% majority stake in Blue Bottle at a valuation reported around $700M. The chain then was operated as a standalone brand within Nestlé’s ( NSRGY ) global coffee portfolio. More on Nestlé S.A. Nestlé: Strategic Reset Underway, Recall Noise But Volume Momentum Emerging Nestle: Ice Cream Exit Reflects Strategic Execution Nestlé S.A. 2025 Q4 - Results -...

格隆汇3月6日｜法国总统马克龙：法国将加强与黎巴嫩武装部队的合作。

Ben Jennings on the ‘end times’ and the US war on Iran – cartoon