Dassault Aviation SA said it would look for other partners if Airbus SE doesn’t want to work with them on Europe’s next-generation fighter jet — the Future Combat Air System — as the project is mired in a battle for control between the two companies. “What I can tell you today is that Airbus said that they didn’t want to work with Dassault. I didn’t say that. They said that,” Dassault’s Chief Exec...
Dassault Aviation SA said it would look for other partners if Airbus SE doesn’t want to work with them on Europe’s next-generation fighter jet — the Future Combat Air System — as the project is mired in a battle for control between the two companies. “What I can tell you today is that Airbus said that they didn’t want to work with Dassault. I didn’t say that. They said that,” Dassault’s Chief Executive Officer Eric Trappier said at a post-earnings news conference. “If we need to look for other partners, then we will do so if need be.” Trappier said the French authorities, rather than the company, would ultimately be in charge of that decision. “If they want to suggest partnerships and ask other countries to work on a future system, they will do so,” Trappier added. The program has been held back by squabbles between Dassault and Airbus about who should lead the project, with French President Emmanuel Macron calling for progress after months of delay. The project “might not go through” if Airbus doesn’t want to work with Dassault, according to Trappier.
(RTTNews) - Portuguese electric utility company EDP Group's shares were gaining around 0.6 percent in Lisbon on Wednesday, and shares of its Spanish renewable energy subsidiary EDP Renováveis were gaining around 1.3%. Both companies last week reported a profit in their fourth quarter, compared to prior year's loss, with growth in revenues. In its fourth quarter, EDP recorded net profit attributabl...
(RTTNews) - Portuguese electric utility company EDP Group's shares were gaining around 0.6 percent in Lisbon on Wednesday, and shares of its Spanish renewable energy subsidiary EDP Renováveis were gaining around 1.3%. Both companies last week reported a profit in their fourth quarter, compared to prior year's loss, with growth in revenues. In its fourth quarter, EDP recorded net profit attributable to Shareholders of 198 million euros, compared to loss of 282 million euros last year. Recurring net profit was 306 million euros, up from 298 million euros a year ago. Recurring EBITDA improved to 1.29 billion euros from 1.07 billion euros last year. EDP's revenues edged up to 4.163 billion euros from prior year's 4.146 billion euros. For EDP Renováveis, fourth-quarter attributable net profit was 109 million euros, compared to loss of 766 million euros last year. Recurring net profit was 142 million euros, compared to 11 million euros a year ago. Recurring EBITDA climbed to 569 million euros from 389 million euros a year earlier. EDP Renováveis' revenues grew to 676 million euros from last year's 589 million euros. In Lisbon, EDP shares were trading at 4.2780 euros, up 0.56%, and EDP Renováveis shares were trading at 12.73 euros, up 1.27%. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Luis Alvarez/DigitalVision via Getty Images The following segment was excerpted from the Allspring Special Small Cap Value Fund Q4 2025 Commentary . Quarterly review The fund ( ESPNX ) underperformed the Russell 2000 Value Index during the fourth quarter. Stock selection in information technology (IT) and consumer discretionary contributed the most to relative performance. Stock selection in the m...
Luis Alvarez/DigitalVision via Getty Images The following segment was excerpted from the Allspring Special Small Cap Value Fund Q4 2025 Commentary . Quarterly review The fund ( ESPNX ) underperformed the Russell 2000 Value Index during the fourth quarter. Stock selection in information technology (IT) and consumer discretionary contributed the most to relative performance. Stock selection in the materials and health care sectors were the largest detractors from relative performance. Top contributors and detractors to quarter-end fund performance Contributors Haemonetics Corp. ( HAE ) Mueller Industries, Inc. ( MLI ) Globus Medical Inc. ( GMED ) White Mountains Insurance Group Ltd. ( WTM ) Mayville Engineering Company, Inc. ( MEC ) Detractors Eagle Materials Inc. ( EXP ) Alamo Group Inc. ( ALG ) J&J Snack Foods Corp. ( JJSF ) Janus International Group, Inc. ( JBI ) TriMas Corp. ( TRS ) The holdings identified do not represent all of the securities purchased or sold during the period shown and should not be construed as a recommendation to purchase or sell a particular security. Information on calculation methodology and a list showing the overall contribution of each holding in the account for the period shown are available upon request. Stock selection in IT and consumer discretionary contributed the most to relative performance versus the Russell 2000 Value Index. The largest contributor was Haemonetics Corp., a medical device company focused on products related to blood collection and management. The company is a market leader in plasma collection machines and has built a strong hospital business through several acquisitions in recent years. The increasing mix of this hospital business, which is higher growth combined with nice margins, should drive cash flow expansion in the coming years, especially as some of the acquired assets continue to reach scale. During the quarter, the company announced stronger-than-expected results, alleviating concerns that had surfac...
Pornpimone Audkamkong/iStock via Getty Images At a glance Performance The Portfolio returned 0.99% (gross) and the Bloomberg U.S. Aggregate Bond Index returned 1.10%. Contributors/detractors Our allocation to spread risk detracted, while yield curve positioning contributed. Outlook We expect economic benefits from artificial intelligence ('AI')-driven investment, productivity gains, tax reform and...
Pornpimone Audkamkong/iStock via Getty Images At a glance Performance The Portfolio returned 0.99% (gross) and the Bloomberg U.S. Aggregate Bond Index returned 1.10%. Contributors/detractors Our allocation to spread risk detracted, while yield curve positioning contributed. Outlook We expect economic benefits from artificial intelligence ('AI')-driven investment, productivity gains, tax reform and deregulation, and a supportive Federal Reserve to create a favorable backdrop for fixed income in 2026. Investment environment The U.S. fixed income market delivered strong positive quarterly returns. This capped off the best calendar year of performance since 2020, with the Bloomberg U.S. Aggregate Bond Index returning 7.3% in 2025. Short-term Treasury yields rallied, helping to drive positive returns and a steeper yield curve. High-yield corporates and securitized assets outperformed U.S. Treasuries and investment-grade corporates. In December, the Federal Reserve (Fed) cut interest rates by 25 basis points ( BPS ) for a third consecutive meeting, bringing policy rates closer to neutral in response to the U.S. unemployment rate hitting a four-year high of 4.6% in November. Other data releases were more positive, with third-quarter gross domestic product ('GDP') growth that surprised on the upside. Despite policymakers indicating that they anticipate one more cut in 2026, futures markets are pricing in an additional two to three cuts in 2026. Speculation also continued to build around who would replace Fed Chair Jerome Powell when his term expires in May, and the degree to which their appointment might signal a shift in the central bank's traditional independence. The U.S. 10-year Treasury yield ended the quarter two bps higher, at 4.17%. Investment-grade corporate spreads widened four bps, to 78 bps, while high-yield spreads were virtually unchanged at 266 bps, as investor sentiment remained upbeat. Portfolio review Our allocation to spread risk detracted for the quarter...
Key Points The bull market has been raging since the start of 2023, largely on excitement over artificial intelligence. The sector is driving economic growth and stock prices higher. If spending on AI data centers slows or stops, then the market is likely to fall. These 10 stocks could mint the next wave of millionaires › The bull market that began in October 2022 has been a sight to behold. Ever ...
Key Points The bull market has been raging since the start of 2023, largely on excitement over artificial intelligence. The sector is driving economic growth and stock prices higher. If spending on AI data centers slows or stops, then the market is likely to fall. These 10 stocks could mint the next wave of millionaires › The bull market that began in October 2022 has been a sight to behold. Ever since the inflation tantrum in 2021-22, stocks have been ripping higher amid the artificial intelligence (AI) revolution and falling inflation. The S&P 500 is up 88.5% since the beginning of 2023, delivering remarkable returns in just over three years. When will this current bull market in stocks end? While predicting the exact timing of a bear market and a sustained period of falling stocks is futile, the characteristics of this bull market offer some clues about when the next shoe might drop. 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 » Here's what could happen that would likely lead to the U.S. bull market ending and stocks tipping over into bear market territory, and what it could mean for your portfolio this decade. The current market is tied to AI and GDP growth Anyone interested in investing is aware of the rapid build-out of AI data centers, spending on computer chips, and the massive amounts of capital being raised by AI labs such as Anthropic. The Federal Reserve estimates that the data center buildout is significantly affecting U.S. gross domestic product (GDP) growth. GDP measured 3.8% in the second quarter, 4.4% in the third, and 1.4% in the fourth quarter of 2025. We can also quantify the massive investments by looking at the capital expenditure plans of the large technology providers. Combined, these companies have announced plans to put over $600 billion into cloud infrastructure -- mos...
Hong Kong has launched its first action plan on weight management, aiming to reduce the proportion of people who are overweight or obese to less than half the population in three years from the current 51.3 per cent of adults. On Wednesday, World Obesity Day, the Department of Health announced more than 40 measures, ranging from installing more weighing scales in government venues to exploring the...
Hong Kong has launched its first action plan on weight management, aiming to reduce the proportion of people who are overweight or obese to less than half the population in three years from the current 51.3 per cent of adults. On Wednesday, World Obesity Day, the Department of Health announced more than 40 measures, ranging from installing more weighing scales in government venues to exploring the inclusion of novel weight-loss injections in the drug formulary, in a bid to reverse the rising trend of obesity in the city. The proportion of people who are obese or overweight has been rising over the past decades, from 37.2 per cent in 2004, to 47 per cent in 2014 and 51.3 per cent in 2022. Advertisement A study in 2022 found that more than two-thirds of people who were overweight did not know they were, with 40 per cent having taken no action to manage their weight in the previous 12 months. Edwin Tsui Lok-kin, controller of the Centre for Health Protection, said the focus of the first year was raising awareness about obesity, a major risk factor for chronic illnesses and 13 types of cancer. Awareness was the starting point of intervention, he said. Advertisement “We hope to truly change the public’s perception of weight management, and provide support accordingly through different stakeholders in the community and different government departments,” Tsui said.
A report by King's College London and Czech Academy of Sciences suggests the current policy is "fragmented" and has led to tensions between landowners who view them as an "unruly nuisance" and those who want the pigs left to roam free.
A report by King's College London and Czech Academy of Sciences suggests the current policy is "fragmented" and has led to tensions between landowners who view them as an "unruly nuisance" and those who want the pigs left to roam free.
TLDR Billionaire Leo KoGuan bought 1 million NVDA shares and plans to buy more, calling AI “not a bubble” KoGuan says he remains mostly invested in Tesla but has been diversifying into NVDA and Treasury bills UBS maintained its Buy rating on NVDA with a $245 price target after Q4 earnings beat forecasts NVDA reported Q4 fiscal 2026 revenue of $68 billion, beating estimates by around $2 billion UBS...
TLDR Billionaire Leo KoGuan bought 1 million NVDA shares and plans to buy more, calling AI “not a bubble” KoGuan says he remains mostly invested in Tesla but has been diversifying into NVDA and Treasury bills UBS maintained its Buy rating on NVDA with a $245 price target after Q4 earnings beat forecasts NVDA reported Q4 fiscal 2026 revenue of $68 billion, beating estimates by around $2 billion UBS projects NVDA quarterly revenue could reach $100 billion, with the order backlog now extending into 2027 💥 Find the Next KnockoutStock! Get live prices, charts, and KO Scores from KnockoutStocks.com , the data-driven platform ranking every stock by quality and breakout potential. Leo KoGuan, the billionaire best known for being one of Tesla’s largest individual shareholders, made a big move this week — dropping into Nvidia in a serious way. NVIDIA Corporation, NVDA KoGuan posted on X that he bought 1 million NVDA shares and plans to add more. “I am convinced AI is NOT a bubble, it is only the beginning,” he wrote. He’s been shifting his portfolio over the past few months. Back in November, KoGuan said he was “no longer all-in-Tesla” and had started building a position in 3-month Treasury bills instead. He still holds a large Tesla position but wouldn’t say exactly how much he’s trimmed it. “I do think Tesla’s energy, cybercap and Teslabot are NOT fully priced in,” he wrote, adding Tesla is “the leading embodied AI on earth.” That didn’t stop him from taking a fresh look at Nvidia, though. Strong Earnings, Muted Stock Reaction Nvidia’s Q4 fiscal 2026 numbers were hard to argue with. Revenue came in at $68 billion, beating average analyst estimates by around $2 billion. Adjusted EPS of $1.62 beat forecasts by $0.08. Despite that, the stock’s reaction was muted. That disconnect between results and price action is exactly what’s catching the attention of analysts. Jefferies pointed out that valuations in names like Nvidia and Broadcom have become “disconnected from fundamental...
Thai Liang Lim/iStock via Getty Images Introduction The last time I covered SharkNinja ( SN ), I covered their excellent performance, ramping up aggressively since their 2023 spin-off, being able to grow their brands while gaining significant market share and momentum. Following yet another strong quarter and continued expansion plans, I'm reiterating SN's Buy rating, as the company remains in a v...
Thai Liang Lim/iStock via Getty Images Introduction The last time I covered SharkNinja ( SN ), I covered their excellent performance, ramping up aggressively since their 2023 spin-off, being able to grow their brands while gaining significant market share and momentum. Following yet another strong quarter and continued expansion plans, I'm reiterating SN's Buy rating, as the company remains in a very solid financial position and should be able to capitalize on the significant amount of data they gathered to take advantage of a potential consumer recovery. Internal Developments SharkNinja IR SN reported yet another strong quarter, beating the market's EPS and revenue estimates while delivering their 11th consecutive quarter of double-digit top-line growth despite the weak environment they play in. As we can see, their OCF grew extremely well, up nearly 42% compared to 2024, while the cash used for investing activities (mostly their CAPEX) remained almost the same, getting to a free cash flow of at least $474.35 million. SharkNinja IR As for their guidance, the company expects a ~$40 million jump in CAPEX at midpoint, while their net sales would continue growing by 10% to 11% (vs. 15.7% in 2025) and the adjusted EBITDA would grow by an even better 11.8% to 12.7% (vs. 19.4% in 2025), while also announcing a $750 million buyback program - 4.33% yield, no expiration date. Despite this weak environment, the company continues to focus on aggressively winning market share and innovating, with a goal of 25 annual new product introductions, with proven experience in delivering very strong market share growth globally and the ability to utilize their two brands to scale more and more branches (such as beauty recently). SharkNinja IR Financially, based on SN's latest report , we can see a very strong position, with current assets covering their total liabilities very well, with a strong $777.29 million worth of cash and cash equivalents on the balance sheet and an ~11.4% increa...
Astera Labs, a maker of data center connectivity chips, saw its stock fall sharply on high volume. The sell-off occurred intra-day as management spoke at the Morgan Stanley TMT conference, suggesting a direct reaction to their commentary. While management expressed long-term optimism on AI demand, did a specific disclosure about profitability reset near-term expectations? The Fundamental Reason Th...
Astera Labs, a maker of data center connectivity chips, saw its stock fall sharply on high volume. The sell-off occurred intra-day as management spoke at the Morgan Stanley TMT conference, suggesting a direct reaction to their commentary. While management expressed long-term optimism on AI demand, did a specific disclosure about profitability reset near-term expectations? The Fundamental Reason The primary catalyst for Astera Labs’ -8.9% decline was management’s commentary at the Morgan Stanley Technology, Media & Telecom Conference on March 3rd. During the presentation, the company disclosed that it expects a gross margin headwind of approximately 200 basis points. This pressure was attributed to a less favorable, module-heavy product mix and the impact of an outstanding warrant with a major customer, Amazon. For a high-multiple growth stock, any signal of margin compression can trigger a significant re-rating by investors, overshadowing bullish long-term growth narratives. The company is guided to a gross margin headwind of approximately 200 bps. The pressure was attributed to product mix and an Amazon customer warranty. Commentary came during the Morgan Stanley TMT Conference on March 3, 2026. But here is the interesting part. You are reading about this -8.9% move after it happened. The market has already priced in the news. To avoid the next loser before the headlines, you need predictive signals, not notifications. High Quality Portfolio has a risk model designed to reduce exposure to losers. Trefis: ALAB Stock Insights The Holistic Price Action Picture Price structure tells a nuanced story beneath today’s headline move. The current regime is classified as Broken In Short Term: The price is below the 200D moving average, but the 50D moving average is still higher. Potentially structural damage beginning. Needs to reclaim 200D quickly or risks a death cross (50D moving below 200D). At $109.80, the stock is 133.0% above its 52-week low of $47.13 and 58.2% below i...
Elite clubs are lobbying Uefa to expand the size of Champions League squads to 28, arguing it would reduce the risk of injuries. The calls have come at the highest level of the European club game and prompted fears among critics that it would deepen the hoarding of top talent. At a meeting of Uefa’s club competitions committee (CCC) last month, clubs argued that the cap of 25 players should be inc...
Elite clubs are lobbying Uefa to expand the size of Champions League squads to 28, arguing it would reduce the risk of injuries. The calls have come at the highest level of the European club game and prompted fears among critics that it would deepen the hoarding of top talent. At a meeting of Uefa’s club competitions committee (CCC) last month, clubs argued that the cap of 25 players should be increased. It is not a view shared by all 16 clubs represented on the CCC, with some strongly against expansion. No decision was taken or action proposed as a result of the discussion, but the topic was not dismissed and is likely to be raised again. The issue was also raised at Uefa’s national team competitions committee, it is understood, with coaches split on whether a move to bigger squads would be a good idea. The case made by the biggest clubs is understood to be that expanded squads would help coaches reduce overwork and make top games more competitive, with better options from the bench meaning no drop in quality in the later stages. Critics believe a small shift in squad numbers could have outsize effects on the competitiveness of European football. They argue that there is a limited pool of elite talent and that expanded squads would bring a further concentration of the best players – those fans want to pay to see – at the very top of the game. The debate comes as European football’s powerbrokers struggle to promote financial growth while holding together the fragile framework of club football. Europe’s smaller domestic leagues, who fear continuing decline as media revenue becomes concentrated in the Premier League and Champions League, believe shifts in squad size would probably accelerate that as more of their top talents are lured away. The chief executive of European Football Clubs, Charlie Marshall, told the Financial Times Business of Football summit last week that although the football pyramid must be protected through financial redistribution, the needs of th...
South Africa says it's built a buffer strong enough to withstand global shocks like the Iran war. Treasury officials say it would take a very large shock to derail the country's fiscal plans. Chief Africa correspondent, Jennifer Zabasajja explains on Horizons Middle East and Africa. (Source: Bloomberg)
South Africa says it's built a buffer strong enough to withstand global shocks like the Iran war. Treasury officials say it would take a very large shock to derail the country's fiscal plans. Chief Africa correspondent, Jennifer Zabasajja explains on Horizons Middle East and Africa. (Source: Bloomberg)
Aggressive investments in AI chips and HBM! Asian semiconductor giants' spending this year is expected to reach $136 billion, a 25% increase year-on-year. 富途牛牛
Aggressive investments in AI chips and HBM! Asian semiconductor giants' spending this year is expected to reach $136 billion, a 25% increase year-on-year. 富途牛牛
US Chemical Companies "Net Beneficiaries" Of Middle East Energy Disruption Crisis Bloomberg News headlines indicate that Iraq has begun shutting down oil output at Rumaila, the world's largest " supergiant " oil field, while other Gulf states have idled some of the world's largest refineries and major energy hubs following Iranian drone strikes . This signals that a massive energy disruption is se...
US Chemical Companies "Net Beneficiaries" Of Middle East Energy Disruption Crisis Bloomberg News headlines indicate that Iraq has begun shutting down oil output at Rumaila, the world's largest " supergiant " oil field, while other Gulf states have idled some of the world's largest refineries and major energy hubs following Iranian drone strikes . This signals that a massive energy disruption is set to hit global energy markets as the Strait of Hormuz remains paralyzed . Goldman analysts led by Duffy Fischer have released a note assessing whether U.S. chemical manufacturers have exposure to Middle East energy disruptions. They find that "U.S. companies are likely to be net beneficiaries" of the Middle East conflict and the resulting energy disruptions. Fischer pointed out that as oil prices rise, naphtha-based competitors in Europe and Asia are squeezed, while U.S. chemical makers that rely more on natural gas are relatively insulated due to domestic production. That, in turn, widens the U.S. margin advantage. These U.S. chemical manufacturers use raw materials such as natural gas, crude oil liquids, salt, sulfur, and other minerals to produce products like: basic chemicals: ethylene, propylene, methanol, chlorine, ammonia plastics/resins: polyethylene, PVC, polyurethane inputs fertilizers: nitrogen, phosphate products industrial chemicals: solvents, coatings, acids, adhesives specialty chemicals: ingredients used in electronics, autos, construction, packaging, and consumer good s Fischer explained: The oil to gas ratio is a large driver of U.S. chemical production profitability. With oil prices increasing (see our Commodity team's note and podcast), this will push up the price of naphtha, which is likely to increase the cost of European and Asian feedstocks. Since many naphtha crackers are currently near breakeven levels, that should force them to raise prices. This should lead the spot and export prices higher for U.S. product. The result would be an increase in U....
SoundHound AI (SOUN 0.99%) continues to deliver exceptional revenue growth, although its stock price has been more than cut in half since October. Let's take a close look at the artificial intelligence (AI) voice-focused company to see if now is a good time to buy the stock. SoundHound revenue continues to surge SoundHound once again saw its revenue surge in the fourth quarter. More importantly, m...
SoundHound AI (SOUN 0.99%) continues to deliver exceptional revenue growth, although its stock price has been more than cut in half since October. Let's take a close look at the artificial intelligence (AI) voice-focused company to see if now is a good time to buy the stock. SoundHound revenue continues to surge SoundHound once again saw its revenue surge in the fourth quarter. More importantly, management also provided an upbeat full-year outlook for fiscal 2026, expecting revenue of between $225 million and $260 million. That would equate to growth of between 33% and 54%. It expects revenue to ramp up through the year, as it is seeing renewals come with agentic solutions, which come with a price increase and sometimes large volume commitments. For Q4, SoundHound's revenue jumped 59% year over year to $55.1 million. Its 2025 revenue, meanwhile, nearly doubled. That came in above the $54 million analyst consensus. The company's adjusted net earnings per share in Q4 improved from a loss of $0.05 last year to a loss of $0.02 this year, while its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) was a loss of $7.4 million, compared to a loss of $16.8 million a year ago. It had an operating cash outflow of $27.2 million in the quarter and $98.2 million for the year. It ended the year with $248 million in cash on its balance sheet and no debt. Its gross margins continue to see improvement. Per generally accepted accounting principles (GAAP), gross margins soared 800 basis points from 39.9% to 47.9% year over year and 530 basis points from 42.6% in Q3. Adjusted gross margin expanded 840 basis points year over year to 60.5% and was up from 59.2% in Q2. Looking ahead, the company said it believes it can be a 70%-plus gross margin business with 30% EBIT margins. While it did not give profitability guidance, it said it was entering a new break-even phase after years of heavy investment. Expand NASDAQ : SOUN SoundHound AI Today's Change ( -0.99 ...