Patient Capital Management, a value investing firm, released its “Patient Opportunity Equity Strategy” fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. In Q4 2025, Patient Opportunity Equity Strategy returned 5.99% net of fees, compared to its unmanaged benchmark, the S&P 500 Index, which returned 2.65%. Through a three-factor performance attribution model, the por...
Patient Capital Management, a value investing firm, released its “Patient Opportunity Equity Strategy” fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. In Q4 2025, Patient Opportunity Equity Strategy returned 5.99% net of fees, compared to its unmanaged benchmark, the S&P 500 Index, which returned 2.65%. Through a three-factor performance attribution model, the portfolio's outperformance was attributed to allocation, selection, and interaction effects. The market ended a strong year with 17.9% returns, marking the seventh-best three-year period in market history. 2025 was a year of AI, extending the benefits to hardware, energy, and component suppliers across the ecosystem. Seven stocks accounted for over half of the S&P 500’s returns, posing difficulties for active managers. Nevertheless, the strategy performed well, outperforming the S&P 500 for the third consecutive year with a return of 26.1%. Please review the Strategy’s top five holdings to gain insights into their key selections for 2025. In its fourth-quarter 2025 investor letter, Patient Opportunity Equity Strategy highlighted stocks like Alphabet Inc. (NASDAQ:GOOGL). Alphabet Inc. (NASDAQ:GOOGL), the parent company of Google, offers various platforms and services, including online search and advertising, cloud solutions, and artificial intelligence, and is a significant contributor to the fund’s performance in the quarter. On March 04, 2026, Alphabet Inc. (NASDAQ:GOOGL) stock closed at $303.13 per share with a market capitalization of $3.67 trillion. One-month return of Alphabet Inc. (NASDAQ:GOOGL) was -8.49%, and its shares gained 75.88% of their value over the last 52 weeks. Patient Opportunity Equity Strategy stated the following regarding Alphabet Inc. (NASDAQ:GOOGL) in its fourth quarter 2025 investor letter:
(RTTNews) - A report released by the Labor Department on Thursday showed import prices in the U.S. increased by slightly more than expected in the month of January. The Labor Department said import prices rose by 0.2 percent in January, matching an upwardly revised uptick in December. Economists had expected import prices to inch up by 0.1 percent. The report also said export prices climbed by 0.6...
(RTTNews) - A report released by the Labor Department on Thursday showed import prices in the U.S. increased by slightly more than expected in the month of January. The Labor Department said import prices rose by 0.2 percent in January, matching an upwardly revised uptick in December. Economists had expected import prices to inch up by 0.1 percent. The report also said export prices climbed by 0.6 percent in January, which also matched an upwardly revised increase in February. Economists had expected export prices to rise by 0.2 percent. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Britain’s measured response to the escalating Middle East conflict is renewing scrutiny of the country’s military capabilities and defense spending plans, Reuters reported Thursday. The debate could have implications for defense contractors and broader European rearmament efforts as the U.S. presses allies to increase military investment. Tensions flared this week after U.S. President Donald Trump...
Britain’s measured response to the escalating Middle East conflict is renewing scrutiny of the country’s military capabilities and defense spending plans, Reuters reported Thursday. The debate could have implications for defense contractors and broader European rearmament efforts as the U.S. presses allies to increase military investment. Tensions flared this week after U.S. President Donald Trump criticized Prime Minister Keir Starmer, accusing London of damaging the long-standing U.S.-U.K. partnership after Britain refused to allow American forces to launch pre-emptive strikes on Iran from British bases. British officials have defended the decision, saying military action must meet legal and operational standards. The U.K. has since contributed to defensive efforts, including intercepting Iranian drones and helping resupply allied air-defense systems. Still, the initial response has fueled debate about the state of Britain’s armed forces after years of budget constraints. The British Army now has just over 70,000 full-time personnel, its smallest size since the Napoleonic era, according to defense analysts. Military experts say limited resources have left gaps in key capabilities such as armored vehicles, naval power and ground-based air defenses, while Britain faces growing security demands in Ukraine, the Arctic and the Middle East. Delayed support for Cyprus base The situation was underscored when a drone struck the RAF Akrotiri base in Cyprus, prompting support from other European partners. Britain is expected to deploy a naval vessel to the region, though it may take about a week to arrive. Starmer has pledged to raise defense spending to 2.5% of GDP by 2027 and potentially 3% after 2029, arguing that earlier governments underinvested in the military. However, the government has yet to publish a long-term defense spending roadmap. Despite Trump’s criticism, analysts and diplomats say intelligence cooperation and military ties between Washington and London rem...
Erratic Futures, Oil Jittery As Iran Newsflow Drives Markets US futures are mixed, first dropping overnight to session lows after Iran vowed to escalate its retaliation against US strikes and avenge the US sinking of an Iranian warship as the conflict entered its sixth day, before spiking to session highs after Bloomberg reported that Iran had previously signaled a willingness to eliminate its ura...
Erratic Futures, Oil Jittery As Iran Newsflow Drives Markets US futures are mixed, first dropping overnight to session lows after Iran vowed to escalate its retaliation against US strikes and avenge the US sinking of an Iranian warship as the conflict entered its sixth day, before spiking to session highs after Bloomberg reported that Iran had previously signaled a willingness to eliminate its uranium stockpiles in return for “something good” during talks with the US before the strikes began (although the remarks related to earlier negotiations, the headlines were enough to shift sentiment which however faded in the absence of a signal from Washington). As of 8:00am ET, S&P futures were down 0.2%, but off session lows; Nasdaq futures dropped 0.1% despite a 7% jump in AVGO shares after earnings with Mag7 lower. Cyclicals outperform Defensives led by Fins / Energy. Brent briefly pared an advance before resuming its climb above $83 a barrel amid increasing disruptions to energy markets from the war and after China was said to have told its largest refiners to suspend exports of diesel and gasoline. European stocks were little changed. A benchmark for Asian equities trimmed its rebound of as much as 3.8%. The dollar rose 0.2%, 10-year TSY yields rose for a fourth straight day, trading above 4.13%. Commodities are higher led by Energy; base leading precious metals and Ags have a mild bid. Arab states across the Persian Gulf reported interceptions of Iranian missiles and drones. Today’s macro data focus is on Challenger Job Cuts (pay attention to AI-induced layoffs) and Jobless Claims ahead of tomorrow’s NFP / Retail Sales prints. In premarket trading, Mag 7 stocks are mixed: Meta received a downgrade at Arete, which said that the social media giant is “lagging” in terms of AI monetization. Shares are down 0.4% (Microsoft +0.2%, Tesla -0.09%, Nvidia -0.2%, Alphabet +0.6%, Apple shares are unchanged, Amazon -0.3%) Broadcom (AVGO) rises 6% after Chief Executive Officer Hock...
Vanguards of Health Care: AVS’ Toland on Next Lithotripsy Launch Vanguards of Health Care AVS’ Toland on Next Lithotripsy Launch Arrow Right 40:01 “IVL in general is an enabler for physicians to do very complex procedures — it’s simple, it’s easy to use and it’s safe. So even a physician that doesn’t have a lot of experience doing complex cases can now treat patients that they previously weren’t t...
Vanguards of Health Care: AVS’ Toland on Next Lithotripsy Launch Vanguards of Health Care AVS’ Toland on Next Lithotripsy Launch Arrow Right 40:01 “IVL in general is an enabler for physicians to do very complex procedures — it’s simple, it’s easy to use and it’s safe. So even a physician that doesn’t have a lot of experience doing complex cases can now treat patients that they previously weren’t treating,” AVS Pulse Chairman Mark Toland tells Bloomberg Intelligence, referring to calcified arterial lesions in peripheral artery disease. In this Vanguards of Health Care episode, Toland joins BI analyst Matt Henriksson to discuss how the Pulse intravascular lithotripsy (IVL) system is differentiated vs. current technology, aiming to make treatment more flexible. He also highlights clinical results from the POWER PAD II pivotal trial, the commercial strategy ahead of FDA approval, and the expanding opportunity as aging demographics drive more hardened lesions that require IVL.
This article first appeared on GuruFocus. OpenAI has surpassed $25 billion in annualized revenue as demand for artificial intelligence tools continues to surge, according to a media report citing a source familiar with the company's financials. Compared to the end of last year, when the company made nearly $21.4 billion a year, this number is up about 17%. The rise shows that both consumers and co...
This article first appeared on GuruFocus. OpenAI has surpassed $25 billion in annualized revenue as demand for artificial intelligence tools continues to surge, according to a media report citing a source familiar with the company's financials. Compared to the end of last year, when the company made nearly $21.4 billion a year, this number is up about 17%. The rise shows that both consumers and companies are using generative AI products and services a lot. OpenAI has been making a name for itself in the business world by teaming up with some of the biggest consulting firms to assist organizations get from pilot initiatives to large-scale AI solutions. The plan's goal is to speed up the use of generative AI technology by businesses in all fields. There is still a lot of competition in the business AI field. Competitors like Anthropic are also gaining ground, and big tech giants like Alphabet (GOOGL, Financials) are adding to their own AI systems and services. OpenAI's sales have gone from nearly nothing to more than $20 billion a year since ChatGPT came out in late 2022. This makes it one of the fastest-growing corporations in the digital market. As it builds up its infrastructure and gets ready for a future initial public offering, the company also seems to be aiming for a total of around $600 billion in computing investments by 2030.
State-owned lender KfW is working with JPMorgan Chase & Co. on the potential purchase of a stake in KNDS NV , people familiar with the matter said, in a sign that Berlin is moving ahead with plans to secure influence in the Franco-German tankmaker that’s looking to go public this summer. The German government is leaning toward investing in KNDS through KfW as the company’s German family shareholde...
State-owned lender KfW is working with JPMorgan Chase & Co. on the potential purchase of a stake in KNDS NV , people familiar with the matter said, in a sign that Berlin is moving ahead with plans to secure influence in the Franco-German tankmaker that’s looking to go public this summer. The German government is leaning toward investing in KNDS through KfW as the company’s German family shareholders seek to lower their 50% stake via an initial public offering, according to the people. As part of the IPO, the family might sell a substantial holding to anchor investors, they said. Amsterdam-based KNDS said in December that it has decided to pursue an IPO in Frankfurt and Paris this year. The tankmaker has picked Lazard Inc. to advise on the planned listing alongside several global coordinators, while the German family has tapped Macquarie Group Ltd. , Bloomberg News has reported previously. KNDS could be valued at around €25 billion ($29 billion) in a listing, the people have said . Meanwhile, KNDS and its owners, including the German family and French government that own 50% each, are considering paying a cash dividend of €1 billion to €2 billion ahead of the planned IPO, the people said. KNDS has capacity for such a sizable distribution because of its robust cash position with little or even no debt on its balance sheet — an uncommon capital structure for a company preparing to go public. KNDS has drawn interest from others as well. Czech rival CSG has been expressing interest in acquiring a stake, potentially as a cornerstone investor in an IPO, some of the people said. The Czech company has also signaled it sees potential strategic merit in a full merger, though such a tie-up is currently deemed unlikely to materialize, they said. Deliberations are ongoing and no final decisions have been taken, according to the people, who asked not to be identified discussing confidential information. Representatives for KfW, JPMorgan, KNDS and CSG declined to comment. Rheinmeta...
Lewis Hamilton has called for a movement to “take Africa back”, claiming the continent is being “controlled” by European powers. On the eve of the new Formula One season in Melbourne, the seven-time champion outlined his ambition to compete in a grand prix on African soil. But the 41-year-old, F1’s first black race driver, did not stop there. He suggested former colonial rulers still exerted undue...
Lewis Hamilton has called for a movement to “take Africa back”, claiming the continent is being “controlled” by European powers. On the eve of the new Formula One season in Melbourne, the seven-time champion outlined his ambition to compete in a grand prix on African soil. But the 41-year-old, F1’s first black race driver, did not stop there. He suggested former colonial rulers still exerted undue power in the region and called for action to reverse that influence. “I’ve got roots from a few different places there, like Togo and Benin,” he said. “I’m really proud of that part of the world. “It is the most beautiful part of the world and I don’t like that the rest of the world owns so much of it and takes so much from it and no one speaks about it. I’m really hopingthe people running those different countries all unite and come together and take Africa back. “That’s what I want to see. Take it back from the French, take it back from the Spanish, take it back from the Portuguese and the British. It’s so important for the future of that continent. They have all the resources to be the greatest and most powerful place in the world and that’s probably why they are being controlled the way they are.” On the specific matter of an African grand prix, he reiterated his longstanding support for the idea. “For the past six years, maybe seven, I’ve been fighting in the background to get a grand prix … sitting with stakeholders and asking the question: ‘Why are we not in Africa?’,” he said. “I don’t want to leave the sport without having a grand prix there, without getting to race there, so I’m chasing them. They’re setting certain dates, I’m like: ‘Damn, I could be running out of time’, so I’m going to be here for a while until that happens. That would be amazing, given that I’m half African. There’s one on every other continent, why not Africa? I know they’re really trying.” Having travelled extensively on the continent, Hamilton put forward his own ideas for potential hosts,....
(RTTNews) - Delta Air Lines, Inc. (DAL) announced Thursday that Peter Carter is being promoted to President to succeed John Laughter, who will retire as Delta's E.V.P., Chief of Operations and President of Delta TechOps after more than three decades of service, effective April 30. Delta CEO Ed Bastian told employees in a memo as the company strengthens its executive team to support long-term growt...
(RTTNews) - Delta Air Lines, Inc. (DAL) announced Thursday that Peter Carter is being promoted to President to succeed John Laughter, who will retire as Delta's E.V.P., Chief of Operations and President of Delta TechOps after more than three decades of service, effective April 30. Delta CEO Ed Bastian told employees in a memo as the company strengthens its executive team to support long-term growth. Carter takes on a larger role driving enterprise strategy in addition to global policy and legal matters, Delta's international portfolio, real estate, and sustainability and diversity teams. With Laughter's retirement, Dan Janki will become Delta's Chief Operating Officer, overseeing all aspects of Delta's safe, reliable operation. In his new role, Janki will lead Delta's Airport Customer Service, Flight Operations, In-Flight Service, Operations & Customer Center, Reservation Sales and Customer Care, Technical Operations, and Corporate Safety, Security and Compliance teams. Alain Bellemare, E.V.P and President - International, will assume additional responsibilities as the Chairman of Delta TechOps. Further, Erik Snell will become Delta's new Chief Financial Officer. Snell, who joined Delta 20 years ago in finance, most recently served as Chief Customer Experience Officer. Meanwhile, Chief Marketing Officer Alicia Tillman has decided to pursue broader leadership opportunities outside of Delta. With Alicia's transition, Ranjan Goswami will become Delta's Chief Marketing and Product Officer. Carter, Janki, Snell, and Goswami will all report directly to Bastian. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
'No Hire, No Fire' Economy Rolls On As Job Cuts Plunge, Jobless Claims Hover Near Multi-Year Lows U.S.-based employers announced 48,307 job cuts in February, down 55% from the 108,435 job cuts in January. It is down 72% from the 172,017 cuts announced during the same month last year, according to a report released Thursday from global outplacement and executive coaching firm Challenger, Gray & Chr...
'No Hire, No Fire' Economy Rolls On As Job Cuts Plunge, Jobless Claims Hover Near Multi-Year Lows U.S.-based employers announced 48,307 job cuts in February, down 55% from the 108,435 job cuts in January. It is down 72% from the 172,017 cuts announced during the same month last year, according to a report released Thursday from global outplacement and executive coaching firm Challenger, Gray & Christmas . “February’s dip is a nice reprieve from the elevated job cut plans to start the year . With U.S. involvement in a growing war in Iran, the end of Q1 may bring more layoff plans as companies tighten belts amid uncertainty and higher costs,” said Andy Challenger, workplace expert and chief revenue officer for Challenger, Gray & Christmas. Initial jobless claims hovered near multi-year lows at 213k last week... However, continuing jobless claims picked up to 1.864 million Americans - the highest of the year... So the 'no hire, no fire' economy rolls on... Tyler Durden Thu, 03/05/2026 - 08:36
Shares of Apple (NASDAQ:AAPL) have actually been quite resilient of late despite the recent wave of turbulence that’s weighed far more heavily on other members of the Magnificent Seven, most notably those that are swinging for the fences on AI with a willingness to up the CapEx. As high as the CapEx numbers already are, ... Apple’s $5 Trillion March: Why the Gemini Partnership is the “Golden Goose...
Shares of Apple (NASDAQ:AAPL) have actually been quite resilient of late despite the recent wave of turbulence that’s weighed far more heavily on other members of the Magnificent Seven, most notably those that are swinging for the fences on AI with a willingness to up the CapEx. As high as the CapEx numbers already are, ... Apple’s $5 Trillion March: Why the Gemini Partnership is the “Golden Goose” for 2026
Europe’s largest trade union has said it will continue to fight for the rights of workers at Elon Musk’s Tesla factory near Berlin, despite failing in its attempt to secure control of the plant’s works council. IG Metall had hoped to gain majority rights on the elected body of employees that negotiates everything from working hours to pay deals with company management. But after the three-day vote...
Europe’s largest trade union has said it will continue to fight for the rights of workers at Elon Musk’s Tesla factory near Berlin, despite failing in its attempt to secure control of the plant’s works council. IG Metall had hoped to gain majority rights on the elected body of employees that negotiates everything from working hours to pay deals with company management. But after the three-day vote, which ended on Wednesday, it came second to the non-unionised group Giga United, which won 24 out of 37 seats, with IG Metall’s list securing the remaining 13 seats. Laura Arndt, the lead candidate of the century-old union, acknowledged defeat, but said IG Metall would continue to play a close role in defending the rights of workers at the factory. “Unfortunately it was not enough to secure a … majority … we will continue to do our utmost in the new works council to bring about change for us and our colleagues at the gigafactory,” she said. The unusually heated battle had pitted the carmaker’s management against the union and was marked by lawsuits and mutual accusations of slander. The union had said its struggle was as much against the existential threat posed by multinational conglomerates as it was about the workers at the plant. It accused Tesla of wanting to “bust the union”. The US electric carmaker said the union was threatening to dent economic growth not just at the plant, but across Germany, and accused it of using the fight to boost membership. IG Metall has the majority on works councils at all other German carmakers, such as BMW, Volkswagen, and Mercedes, but has been kept the weaker party at the Tesla gigafactory, which opened in 2022, the only Tesla production plant in Europe. Musk has been outspoken against unions, including on visits to the plant in Grünheide, which employs 10,000 workers. He hinted recently on a video call that the industrial relations row might influence future investment plans for the plant, south-east of Berlin. Tensions reached a pe...
The number of people who lost jobs and applied for unemployment benefits at the end of February clung to recent lows and added to a flurry of signals suggesting the labor market has stabilized.
The number of people who lost jobs and applied for unemployment benefits at the end of February clung to recent lows and added to a flurry of signals suggesting the labor market has stabilized.
Ross Stores beat Q4 estimates, raised its dividend 10%, and boosted buybacks 25%. With Q1 guidance doubling expectations, here's what investors should watch.
Ross Stores beat Q4 estimates, raised its dividend 10%, and boosted buybacks 25%. With Q1 guidance doubling expectations, here's what investors should watch.
Key Points These companies will offer you the fantastic combination of growth and safety. They're both trading at reasonable prices right now. 10 stocks we like better than Regeneron Pharmaceuticals › Biotech stocks may offer your portfolio an element of growth, and that's because these companies are sharply focused on innovation. They set out to tackle some of the most challenging diseases, and a...
Key Points These companies will offer you the fantastic combination of growth and safety. They're both trading at reasonable prices right now. 10 stocks we like better than Regeneron Pharmaceuticals › Biotech stocks may offer your portfolio an element of growth, and that's because these companies are sharply focused on innovation. They set out to tackle some of the most challenging diseases, and as they progress toward the finish line, their stock prices might take off. And once they actually reach their goals and commercialize a product or products, these players should continue to offer you growth, and at the same time, an element of safety -- the idea here is patients need their medications, so revenue may achieve a certain stability. With this in mind, let's check out two biotech giants that have proven themselves with solid pipelines and a number of products on the market. They make great additions to any portfolio in 2026. 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. Regeneron Pharmaceuticals Regeneron Pharmaceuticals (NASDAQ: REGN) has two big sources of growth right now: Dupixent, a drug that treats inflammatory conditions from eczema to asthma, and Eylea HD, a drug for retinal disease. In the recent quarter, global sales of the former rose 34% and U.S. sales of the latter jumped 66%. The biotech company is also generating double-digit growth from cancer immunotherapy Libtayo. These and other products have helped Regeneron increase earnings over time. On top of this, Regeneron has a rich pipeline, including many late-stage programs in areas spanning hematology, immunology, and rare disease. This should fuel new stages of growth down the road -- even if only a handful make it to commercialization. All of this makes Regeneron look like a very reasonable buy at 17x forward earnings esti...
Paris fashion week and a well-groomed collie: photos of the day - Thursday The Guardian’s picture editors select photographs from around the world The palm house at Kew Gardens in London, which is to undergo its first renovation works since the 1980s. Photograph: Oliver Dixon/Shutterstock
Paris fashion week and a well-groomed collie: photos of the day - Thursday The Guardian’s picture editors select photographs from around the world The palm house at Kew Gardens in London, which is to undergo its first renovation works since the 1980s. Photograph: Oliver Dixon/Shutterstock
HSBC and Coventry building society are the first big lenders to announce they are increasing rates on their fixed mortgage deals after the Middle East crisis, with brokers predicting others are likely to follow. Experts have said the war could trigger an energy price shock that pushes up UK inflation, which may in turn force the Bank of England to increase interest rates. That uncertainty has affe...
HSBC and Coventry building society are the first big lenders to announce they are increasing rates on their fixed mortgage deals after the Middle East crisis, with brokers predicting others are likely to follow. Experts have said the war could trigger an energy price shock that pushes up UK inflation, which may in turn force the Bank of England to increase interest rates. That uncertainty has affected the money market swap rates that lenders use to decide the rates on their new fixed mortgages. Aaron Strutt at the broker Trinity Financial said: “HSBC and Coventry are the first big lenders to announce rate hikes based on the funding cost increases brought on by the chaos in the Middle East.” He added: “It seems almost certain we are going to see a lot more rate changes over the coming days, so if you are on the hunt for a mortgage, it is worth locking into a new deal now.” HSBC said it would be increasing rates on a large number of its residential and buy-to-let mortgage deals with effect from Friday, though at the time of writing the new pricing was not available. Coventry building society said new rates take effect from Monday (9 March). It said it would be increasing all fixed rates for new and existing borrowers. The warnings of higher mortgage costs deal a blow to homebuyers and those looking to remortgage. About 1.8m fixed-rate mortgage deals are due to end in 2026, and most of these borrowers will need to get a new home loan. Households have benefited from cheaper home loans in recent months after the Bank of England cut interest rates four times in 2025 to bring the base rate down to 3.75%, and until Friday, another rate cut this month had looked very likely. David Hollingworth at the broker L&C Mortgages said: “We are now seeing the first big-name lender moves begin to feed through … Once we enter this cycle of lenders adjusting their rates, we know that it almost invariably results in others following suit.” Adam Stiles at the broker Helix Financial Partner...
Schroptschop U.S. import prices rose 0.2% M/M in January, compared with the +0.3% consensus and stalling from the prior month's reading, which was revised from +0.1%, according to data released by the Bureau of Labor Statistics on Thursday. Higher prices for nonfuel imports more than offset lower prices for fuel imports during the month. Export price growth was +0.6% M/M in January, exceeding the ...
Schroptschop U.S. import prices rose 0.2% M/M in January, compared with the +0.3% consensus and stalling from the prior month's reading, which was revised from +0.1%, according to data released by the Bureau of Labor Statistics on Thursday. Higher prices for nonfuel imports more than offset lower prices for fuel imports during the month. Export price growth was +0.6% M/M in January, exceeding the +0.3% expected and matching the earlier month's print, which was revised from +0.3%. Higher prices for both nonagricultural and agricultural exports drove the increase. On a year-over-year basis, import prices slipped 0.1%, while export prices gained 2.6%. The release of the BLS report was delayed because of the 2025 government shutdown. More on the U.S. Economy War-Driven Markets NFP Preview: Jobs To Drive Volatility Amid 'Operation Epic Fury' And Implications For The DXY, Dow Jones Surviving 'Epic Fury' And The Asian Stock Market Crash How much fiscal firepower does the U.S. have? Investors should maintain a risk-on posture in this environment – JPMorgan
jetcityimage Tesla ( TSLA ) CEO Elon Musk said the company will be one of the first companies to make artificial general intelligence and "probably the first to make it in humanoid/atom-shaping form," as he remains confident in the AI future. AGI is roughly defined as a hypothetical kind of AI that can understand, learn, and perform essentially any intellectual task a human can, at roughly human l...
jetcityimage Tesla ( TSLA ) CEO Elon Musk said the company will be one of the first companies to make artificial general intelligence and "probably the first to make it in humanoid/atom-shaping form," as he remains confident in the AI future. AGI is roughly defined as a hypothetical kind of AI that can understand, learn, and perform essentially any intellectual task a human can, at roughly human level or beyond. That advanced humanoid robot concept would appear to be a generation or two beyond what Tesla ( TSLA ) is anticipated to reveal with Optimus Gen 3, which is anticipated to be a humanoid robot designed to perform industrial and household tasks using Tesla's ( TSLA ) full self-driving–style AI stack. Earlier this year, Tesla said it plans to announce Optimus Gen 3 in the first quarter of 2026, describing it as the first version designed for mass manufacturing rather than demo. Morgan Stanley expects that Optimus Gen 3 will largely be contained to Tesla ( TSLA ) factories this year, where it can collect critical real-world data to train its models and trial novel hardware designs in a controlled, lower-risk environment. "Given that it would be over two years since the last major, full-body Optimus update and the numerous pivots the company has made… we would not be surprised if Gen 3 is a substantial departure from the current version," updated analyst Adam Jonas. He thinks Optimus Gen 3 could actually be simpler than expected. Elon Musk has suggested that Optimus Gen 3 could scale rather quickly to roughly 1M units per year. Shares of Tesla ( TSLA ) were down 0.8% in premarket trading on Thursday to $402.80. More on Tesla Why Daily Stock Picks' Gary Vaughan Likes Large Cap Tech (And Energy) Tesla: Decommissioning Legacy Auto To Birth The AI Economy Tesla: Accidental Rally Elon Musk says he paid full price for Twitter due to ‘biased’ Delaware judge Tesla gains after BofA jumps back in with a bull rating
jetcityimage Tesla ( TSLA ) CEO Elon Musk said the company will be one of the first companies to make artificial general intelligence and "probably the first to make it in humanoid/atom-shaping form," as he remains confident in the AI future. AGI is roughly defined as a hypothetical kind of AI that can understand, learn, and perform essentially any intellectual task a human can, at roughly human l...
jetcityimage Tesla ( TSLA ) CEO Elon Musk said the company will be one of the first companies to make artificial general intelligence and "probably the first to make it in humanoid/atom-shaping form," as he remains confident in the AI future. AGI is roughly defined as a hypothetical kind of AI that can understand, learn, and perform essentially any intellectual task a human can, at roughly human level or beyond. That advanced humanoid robot concept would appear to be a generation or two beyond what Tesla ( TSLA ) is anticipated to reveal with Optimus Gen 3, which is anticipated to be a humanoid robot designed to perform industrial and household tasks using Tesla's ( TSLA ) full self-driving–style AI stack. Earlier this year, Tesla said it plans to announce Optimus Gen 3 in the first quarter of 2026, describing it as the first version designed for mass manufacturing rather than demo. Morgan Stanley expects that Optimus Gen 3 will largely be contained to Tesla ( TSLA ) factories this year, where it can collect critical real-world data to train its models and trial novel hardware designs in a controlled, lower-risk environment. "Given that it would be over two years since the last major, full-body Optimus update and the numerous pivots the company has made… we would not be surprised if Gen 3 is a substantial departure from the current version," updated analyst Adam Jonas. He thinks Optimus Gen 3 could actually be simpler than expected. Elon Musk has suggested that Optimus Gen 3 could scale rather quickly to roughly 1M units per year. Shares of Tesla ( TSLA ) were down 0.8% in premarket trading on Thursday to $402.80. More on Tesla Why Daily Stock Picks' Gary Vaughan Likes Large Cap Tech (And Energy) Tesla: Decommissioning Legacy Auto To Birth The AI Economy Tesla: Accidental Rally Elon Musk says he paid full price for Twitter due to ‘biased’ Delaware judge Tesla gains after BofA jumps back in with a bull rating