Astera Labs agreed to acquire aiXscale Photonics, adding optical and photonics capabilities to its AI connectivity portfolio. The company is launching an Israel Design Center focused on high speed data and AI infrastructure solutions. Astera Labs is expanding ecosystem partnerships, including its role in the UALink consortium and work with major hyperscalers. Astera Labs (NasdaqGS: ALAB) is leanin...
Astera Labs agreed to acquire aiXscale Photonics, adding optical and photonics capabilities to its AI connectivity portfolio. The company is launching an Israel Design Center focused on high speed data and AI infrastructure solutions. Astera Labs is expanding ecosystem partnerships, including its role in the UALink consortium and work with major hyperscalers. Astera Labs (NasdaqGS: ALAB) is leaning further into the AI infrastructure theme with a share price of $120.0 and a value score of 1. The stock has seen a 24.3% decline over the past 30 days and a 33.2% decline year to date, while still recording an 89.0% gain over the past year, which may catch the eye of investors tracking volatility around key corporate moves. For investors watching AI connectivity, the aiXscale Photonics deal and the new Israel Design Center point to a stronger focus on photonics and optical interconnects in next generation data centers. Combined with Astera Labs' participation in UALink and closer work with hyperscalers, these steps may influence how the company competes in AI infrastructure and how customers think about vendor selection across their data center build outs. Stay updated on the most important news stories for by adding it to your or . Alternatively, explore our to discover new perspectives on Astera Labs. NasdaqGS:ALAB Earnings & Revenue Growth as at Mar 2026 The aiXscale Photonics acquisition and the Israel Design Center both point to Astera Labs leaning harder into optical connectivity for AI data centers. Optical links are becoming more important as Nvidia, AMD and Broadcom all look for ways to move data faster between accelerators, and owning more photonics know how could help Astera Labs compete for those AI rack designs. The Israel hub, focused on high speed fabrics and data bottlenecks, also signals that Astera Labs wants to sit closer to where new interconnect standards and merchant switching products are being shaped. Combined with its UALink role and work with hyp...
JD Retail generated net revenues of RMB 301.9 billion ($43.2 billion), down 1.7% year over year. The segment faced headwinds primarily from the electronics and home appliances category, while demonstrating resilience in general merchandise and service revenues. Net product revenues decreased 2.8% year over year to RMB273.0 billion ($39.0 billion) in the fourth quarter of 2025. Electronics and home...
JD Retail generated net revenues of RMB 301.9 billion ($43.2 billion), down 1.7% year over year. The segment faced headwinds primarily from the electronics and home appliances category, while demonstrating resilience in general merchandise and service revenues. Net product revenues decreased 2.8% year over year to RMB273.0 billion ($39.0 billion) in the fourth quarter of 2025. Electronics and home appliances revenues declined 12% year over year to RMB153.3 billion ($21.9 billion), primarily due to a high base effect created by government trade-in subsidies implemented in 2024. General merchandise revenues grew 12.1% to RMB119.7 billion ($17.1 billion). Within general merchandise, supermarket, fashion and health categories maintained double-digit year-over-year growth during the quarter. Net service revenues increased 20.1% year over year to RMB79.3 billion ($11.3 billion) in the fourth quarter of 2025. Marketplace and marketing revenues increased 15.0% year over year. This momentum was driven by accelerated advertising revenues generated by the core retail business, improved ecosystem dynamics and enhanced AI-powered advertising tools. Logistics and other service revenues grew 23.6% year over year, primarily driven by incremental delivery revenues from the food delivery business. JD Logistics reported net revenues of RMB63.5 billion ($9.1 billion) in the fourth quarter, representing growth of 21.9% compared with the fourth quarter of 2024. Both internal and external revenues grew at steady paces, with additional contributions from incremental delivery service revenues generated by the food delivery business. The New Businesses segment generated revenues of RMB14.1 billion ($2.0 billion) in the fourth quarter of 2025, representing a substantial increase of 200.9% from the prior-year period. This significant growth was driven by the continued expansion of JD Food Delivery, Jingxi and international businesses. JD Food Delivery continued to demonstrate healthy developme...
hapabapa/iStock Editorial via Getty Images In early October of last year, I came very close to upgrading Paychex ( PAYX ) from a "Hold" to a "Buy." This was based on strong financial performance, driven in part by the company's successful integration of Paycor HCM, which is a player in the workforce management solutions space that Paychex acquired in a deal valued at $4.1 billion. Thanks in large ...
hapabapa/iStock Editorial via Getty Images In early October of last year, I came very close to upgrading Paychex ( PAYX ) from a "Hold" to a "Buy." This was based on strong financial performance, driven in part by the company's successful integration of Paycor HCM, which is a player in the workforce management solutions space that Paychex acquired in a deal valued at $4.1 billion. Thanks in large part to that purchase, revenue, profits, and cash flows were all growing nicely. And the expectation was that 2026 would be a great year for the firm. The stock was also becoming cheaper than it had been in the past. But it wasn't cheap enough, in my view, to justify a bullish outlook. Since that time, the stock has fallen significantly, plunging 20.7%, while the S&P 500 is up 3.3%. That certainly makes me glad I didn't pull the trigger on an upgrade back then. Now, however, things are looking a bit different. Admittedly, financial performance for the business has been mixed as of late. But with revenue expanding nicely and shares trading at more reasonable levels, an upgrade is tempting. The only thing stopping me at this time is the fact that, relative to firms that have similarities to it, the stock is not exactly cheap. In fact, right now, it sits pretty squarely in the fair value camp. Unfortunately, this means that I am not going to upgrade it right now. But if the stock falls further, or if fundamentals show strong signs of improvement, an upgrade could be around the corner. Taking a fresh look at Paychex Thanks in large part to the acquisition of Paycor HCM, Paychex is doing an exceptional job from a revenue standpoint. The newest data that investors have access to covers through the second quarter of the company's 2026 fiscal year. Revenue for that time amounted to $1.56 billion. That's a sizable increase over the $1.32 billion the company reported a year earlier. This rise in sales was driven largely by the Management Solutions segment of the company. This is the ...
"It's always a good thing when Christian artists are given a platform outside the four walls of a church, a platform to be able to reach people that on a normal day they wouldn't be able to reach," the 23-year-old says.
"It's always a good thing when Christian artists are given a platform outside the four walls of a church, a platform to be able to reach people that on a normal day they wouldn't be able to reach," the 23-year-old says.
Anna Moneymaker/Getty Images News White House National Economic Council Director Kevin Hassett said on Friday that a couple of “one-off” factors hurt the February nonfarm payrolls number, such as “crazy weather” and labor strikes in the West. "I think that, on net, it's almost a wash number," he said during an interview on Bloomberg Television. He also believes that a new birth/death model that th...
Anna Moneymaker/Getty Images News White House National Economic Council Director Kevin Hassett said on Friday that a couple of “one-off” factors hurt the February nonfarm payrolls number, such as “crazy weather” and labor strikes in the West. "I think that, on net, it's almost a wash number," he said during an interview on Bloomberg Television. He also believes that a new birth/death model that the Bureau of Labor Statistics is using "is going to make the number more volatile." Earlier on Friday, the BLS estimated that the U.S. economy lost 92K jobs, a shock to markets considering the consensus estimate was for adding 60K. The January number was revised down by 4K to +126K. The biggest job losses in February came from healthcare — usually one of the strongest sectors for job creation — information, and the federal government. Averaging the January and February numbers, "it's at about the rate of job growth consistent with three or four percent GDP growth," Hassett said. He doesn't expect a string of jobs reports similar to February's because "every other indicator is consistent with very strong GDP growth right now, so this really is an outlier number," he said. Equity markets are paring losses. The Nasdaq, which had declined as much as 1.7%, trimmed its dip to 0.9%. The S&P 500, down as much as 1.7%, fell 1.1% in midmorning trading. And the Dow, off as much as 2% at one point, moderated to a 1.2% decline. More on Jobs & Employment February Jobs Report: Payrolls Decline As Strikes Impact Healthcare Sector Pain At The Pump, Pain In The Payrolls: -92k February Jobs U.S. stocks' decline persists as nonfarm payrolls contract, oil prices accelerate Nonfarm productivity rises more than expected in Q4, labor costs jump past consensus
In early trading on Friday, shares of Marvell Technology topped the list of the day's best performing components of the Nasdaq 100 index, trading up 15.2%. Year to date, Marvell Technology registers a 2.6% gain. And the worst performing Nasdaq 100 component thus far on the day is Old Dominion Freight Line, trading down 5.1%. Old Dominion Freight Line is showing a gain of 27.5% looking at the year ...
In early trading on Friday, shares of Marvell Technology topped the list of the day's best performing components of the Nasdaq 100 index, trading up 15.2%. Year to date, Marvell Technology registers a 2.6% gain. And the worst performing Nasdaq 100 component thus far on the day is Old Dominion Freight Line, trading down 5.1%. Old Dominion Freight Line is showing a gain of 27.5% looking at the year to date performance. Two other components making moves today are Marriott International, trading down 4.7%, and Axon Enterprise, trading up 1.2% on the day. VIDEO: Nasdaq 100 Movers: ODFL, MRVL The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
monkeybusinessimages/iStock via Getty Images The latest employment situation report is out from the BLS, and it came in at a loss of 92,000 jobs, far below the median estimate of 55,000 added. The unemployment rate jumped to 4.4%, up from the estimates of a flat 4.3% month-to-month. On a positive note, wages came in hotter than expected, a 0.4% MoM gain against an expected 0.3%. BLS The February 2...
monkeybusinessimages/iStock via Getty Images The latest employment situation report is out from the BLS, and it came in at a loss of 92,000 jobs, far below the median estimate of 55,000 added. The unemployment rate jumped to 4.4%, up from the estimates of a flat 4.3% month-to-month. On a positive note, wages came in hotter than expected, a 0.4% MoM gain against an expected 0.3%. BLS The February 2026 Jobs Report Let's dig into the report and take a look at some of the areas I've been watching. Here's the household data with my highlights on the pieces I'm watching most closely: Annotations by author (BLS) The biggest red flag for traditional labor people is likely the participation rate falling. Dropping 50 bp in a year is a significant move. The reason I am not as worried about it in this report is due to the bottom tallies: part-time for economic reasons and discouraged workers. These are two categories that show us the people worst affected by the tight labor market—people who want full-time work but can only find part-time (“underemployed”) and those who have just given up looking and so no longer qualify as “unemployed” in general. They are just not in the labor force. While it's bad news to see the participation rate fall YoY, it's good news to see that it's not because workers are becoming discouraged and stopping their search for work. It's also important to note that the “civilian non-institutional population,” the very first line in the report, is not seasonally adjusted, while all the other figures are. That could lead to some odd reads with the participation rate. Even though this is a red flag, I'm reserving my judgment for now, and I want more data in the coming months to validate the trend. This could easily snap back up to its previous floor in the following reports. Data by YCharts The next note to make is that, while the YoY change in employment was at a 400K loss, the MoM change was dramatic, accounting for almost half of that loss. Most of this f...
Autoliv ( ALV ) has appointed Monika Grama as the company’s new chief financial officer, succeeding Fredrik Westin who is leaving the company on March 31. Westin announced last July his decision to leave the company to pursue a position in continental Europe. Grama is currently vice president of finance for the company’s EMEA division and has been with the company since 2009. Shares of the Swedish...
Autoliv ( ALV ) has appointed Monika Grama as the company’s new chief financial officer, succeeding Fredrik Westin who is leaving the company on March 31. Westin announced last July his decision to leave the company to pursue a position in continental Europe. Grama is currently vice president of finance for the company’s EMEA division and has been with the company since 2009. Shares of the Swedish airbag manufacturer are in the midst of an eight-day losing streak with a cumulative loss of 11% in value. More on Autoliv Autoliv, Inc. 2025 Q4 - Results - Earnings Call Presentation Autoliv, Inc. (ALV) Q4 2025 Earnings Call Transcript Autoliv: Risks Are Mounting, But They Aren't Enough To Be Bearish About Autoliv outlines 10.5%-11% operating margin target for 2026 while expanding in China and India Autoliv beats Q4 expectations but warns of continued market volatilities
On February 17, 2026, Mason Capital Management LLC disclosed a new position in Borr Drilling Limited (BORR 1.29%), acquiring 2,182,136 shares in an estimated $8.79 million trade based on quarterly average pricing. What Happened According to a Securities and Exchange Commission (SEC) filing dated February 17, 2026, Mason Capital Management LLC established a new position in Borr Drilling Limited, pu...
On February 17, 2026, Mason Capital Management LLC disclosed a new position in Borr Drilling Limited (BORR 1.29%), acquiring 2,182,136 shares in an estimated $8.79 million trade based on quarterly average pricing. What Happened According to a Securities and Exchange Commission (SEC) filing dated February 17, 2026, Mason Capital Management LLC established a new position in Borr Drilling Limited, purchasing 2,182,136 shares. The estimated transaction value was $8.79 million based on the average share price during the filing quarter. The fund’s quarter-end stake in Borr Drilling Limited was valued at $8.79 million, with nine total positions reported. What Else to Know Mason Capital’s new position in Borr Drilling Limited represented 1.57% of its reportable assets under management as of December 31, 2025. Top holdings after the filing: NYSE:ATS: $428.62 million (76.3% of AUM) NYSE:BKD: $38.69 million (6.9% of AUM) NASDAQ:SOLS: $30.79 million (5.5% of AUM) NYSE:CCO: $21.72 million (3.9% of AUM) NYSE:JBS: $18.83 million (3.4% of AUM) As of February 17, 2026, shares of Borr Drilling Limited were priced at $5.43, up 78.6% over the prior year, outperforming the S&P 500 by 62.68 percentage points. Company Overview Metric Value Market Capitalization $1.37 billion Revenue (TTM) $1.02 billion Net Income (TTM) $75.30 million Price (as of market close 2/17/26) $5.43 Company Snapshot Operates a fleet of jack-up drilling rigs, providing offshore drilling services and related equipment for shallow-water oil and gas exploration and production. Generates revenue primarily through long-term contracts with oil and gas companies, charging for rig usage, crew services, and associated operational support. Serves integrated oil majors, national oil companies, and independent exploration and production firms across global offshore markets. Borr Drilling Limited is a global offshore drilling contractor specializing in shallow-water jack-up rigs, with a significant operational fleet and a focus...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Vanguard Growth ETF (Symbol: VUG) where we have detected an approximate $1.3 billion dollar inflow -- that's a 0.7% increase week over week in outstanding units (from 422,684,003 to 425,590,034). Among the largest underlying components of VUG, in trading today Eli Lill...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Vanguard Growth ETF (Symbol: VUG) where we have detected an approximate $1.3 billion dollar inflow -- that's a 0.7% increase week over week in outstanding units (from 422,684,003 to 425,590,034). Among the largest underlying components of VUG, in trading today Eli Lilly (Symbol: LLY) is down about 0.6%, Visa Inc (Symbol: V) is down about 1.6%, and Mastercard Inc (Symbol: MA) is lower by about 1%. For a complete list of holdings, visit the VUG Holdings page » The chart below shows the one year price performance of VUG, versus its 200 day moving average: Looking at the chart above, VUG's low point in its 52 week range is $316.1442 per share, with $505.38 as the 52 week high point — that compares with a last trade of $460.43. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Direxion Daily Semiconductors Bull 3x Shares (Symbol: SOXL) where we have detected an approximate $1.3 billion dollar inflow -- that's a 11.9% increase week over week in outstanding units (from 192,800,060 to 215,650,060). Among the largest underlying components of SOX...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Direxion Daily Semiconductors Bull 3x Shares (Symbol: SOXL) where we have detected an approximate $1.3 billion dollar inflow -- that's a 11.9% increase week over week in outstanding units (from 192,800,060 to 215,650,060). Among the largest underlying components of SOXL, in trading today Applied Materials, Inc. (Symbol: AMAT) is off about 1.8%, KLA Corp (Symbol: KLAC) is off about 1.3%, and Marvell Technology Inc (Symbol: MRVL) is higher by about 18%. For a complete list of holdings, visit the SOXL Holdings page » The chart below shows the one year price performance of SOXL, versus its 200 day moving average: Looking at the chart above, SOXL's low point in its 52 week range is $7.225 per share, with $72.36 as the 52 week high point — that compares with a last trade of $52.73. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Vanguard Long-Term Treasury ETF (Symbol: VGLT) where we have detected an approximate $196.1 million dollar inflow -- that's a 1.6% increase week over week in outstanding units (from 213,419,316 to 216,833,391). The chart below shows the one year price performance of VG...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Vanguard Long-Term Treasury ETF (Symbol: VGLT) where we have detected an approximate $196.1 million dollar inflow -- that's a 1.6% increase week over week in outstanding units (from 213,419,316 to 216,833,391). The chart below shows the one year price performance of VGLT, versus its 200 day moving average: Looking at the chart above, VGLT's low point in its 52 week range is $51.905 per share, with $64.145 as the 52 week high point — that compares with a last trade of $57.18. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Key Takeaways Jefferies maintains its Buy recommendation on Microsoft with a $675 valuation target Analyst Brent Thill highlights Microsoft’s competitive advantage through Azure and M365 in capturing enterprise AI investment AI profitability metrics are outperforming cloud margins at comparable development phases Microsoft’s current valuation stands at approximately 21x FY2027 earnings, beneath it...
Key Takeaways Jefferies maintains its Buy recommendation on Microsoft with a $675 valuation target Analyst Brent Thill highlights Microsoft’s competitive advantage through Azure and M365 in capturing enterprise AI investment AI profitability metrics are outperforming cloud margins at comparable development phases Microsoft’s current valuation stands at approximately 21x FY2027 earnings, beneath its historical 10-year average of 23.5x Analyst consensus price target of $594.02 suggests potential upside of roughly 44.6% from present trading levels Microsoft (MSFT) has received renewed endorsement from Jefferies, as analyst Brent Thill identifies the tech giant as the frontrunner in capturing enterprise artificial intelligence spending. Following discussions with Microsoft’s investor relations leadership, Thill maintained his Buy recommendation alongside a $675 valuation target. Microsoft Corporation, MSFT Thill’s thesis centers on a simple premise: Microsoft’s success doesn’t hinge on developing the superior AI model. Instead, the company’s winning strategy lies in controlling the infrastructure where AI models are created, implemented, and operated — a position it has already secured. The integration of Azure cloud services with Microsoft 365’s ecosystem positions the company at the epicenter of corporate AI strategy. With more than 450 million paid M365 subscribers, Microsoft has embedded itself into the operational fabric of a substantial portion of global enterprises. According to Thill, AI capabilities may expand M365’s total addressable market instead of merely substituting current functionalities. As organizations integrate AI into standard software applications, expenditure patterns show an increase rather than a reduction. AI Profitability Outpacing Cloud Computing Trajectory A noteworthy observation from the analyst: AI profit margins are exceeding those of cloud computing at an equivalent development stage. This trend suggests favorable economics as market d...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Russell 1000 ETF (Symbol: IWB) where we have detected an approximate $261.4 million dollar outflow -- that's a 0.6% decrease week over week (from 122,800,000 to 122,100,000). Among the largest underlying components of IWB, in trading today Coca-Cola Co (Symbol:...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Russell 1000 ETF (Symbol: IWB) where we have detected an approximate $261.4 million dollar outflow -- that's a 0.6% decrease week over week (from 122,800,000 to 122,100,000). Among the largest underlying components of IWB, in trading today Coca-Cola Co (Symbol: KO) is off about 0.2%, Oracle Corp (Symbol: ORCL) is up about 1.8%, and Abbott Laboratories (Symbol: ABT) is lower by about 1.6%. For a complete list of holdings, visit the IWB Holdings page » The chart below shows the one year price performance of IWB, versus its 200 day moving average: Looking at the chart above, IWB's low point in its 52 week range is $264.17 per share, with $382.34 as the 52 week high point — that compares with a last trade of $369.26. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Oselote/iStock via Getty Images CoreWeave ( CRWV ) received an Outperform rating as Oppenheimer initiated coverage of the AI-focused cloud vendor on Friday. Shares were up 1.5% during Friday morning market action. Although CoreWeave's share price has plummeted mightily since reaching an all-time high of $183 in June 2025, Oppenheimer believes investor reactions to its expanding debt and capital ex...
Oselote/iStock via Getty Images CoreWeave ( CRWV ) received an Outperform rating as Oppenheimer initiated coverage of the AI-focused cloud vendor on Friday. Shares were up 1.5% during Friday morning market action. Although CoreWeave's share price has plummeted mightily since reaching an all-time high of $183 in June 2025, Oppenheimer believes investor reactions to its expanding debt and capital expenditures are missing the bigger picture. Oppenheimer set a $140 price target. "Our target is based on our multi-stage DCF that looks beyond the current period of hyper-growth (and heavy investment) to a more mature stage in 2035 when growth is in line with GDP and FCF margins have normalized to >25%," said Oppenheimer analyst Param Singh in a detailed investor report. "In order to support its growth, backed by $66.8 billion in backlog, CoreWeave needs to materially expand its available active power from 850MW currently to approximately 5GW," Singh said. "However, CapEx requirements (whether cash-based or using asset-backed financing) far exceed the initial cash provided by customers, which presents a timing mismatch, depresses free-cash-flow, and adds a heavy debt load in the short-term." "Looking beyond the short-term, our DCF has three stages, starting with rapid growth backed by large customer commitments (60% CAGR 2025-2030), followed by a slowdown as the industry matures and gets more competitive (6.4% CAGR 2030-2035), and finally a period of mature growth (2% rate)," Singh added. "At this stage active power remains flat, CapEx reduces to maintenance, and FCF margin stabilizes at >25%." Oppenheimer believes that CoreWeave has differentiated itself from other hyperscalers as it is focused on building a vertically integrated platform for large-scale AI applications utilizing the most advanced GPUs for its workloads. However, the investment bank also believes that CoreWeave needs to expand its go-to-market strategy. Apart from the massive cloud providers such as Google ...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Core MSCI EAFE ETF (Symbol: IEFA) where we have detected an approximate $1.6 billion dollar inflow -- that's a 1.0% increase week over week in outstanding units (from 1,841,600,000 to 1,859,400,000). Among the largest underlying components of IEFA, in trading t...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares Core MSCI EAFE ETF (Symbol: IEFA) where we have detected an approximate $1.6 billion dollar inflow -- that's a 1.0% increase week over week in outstanding units (from 1,841,600,000 to 1,859,400,000). Among the largest underlying components of IEFA, in trading today AerCap Holdings NV (Symbol: AER) is down about 2.4%, Coca-Cola Europacific Partners plc (Symbol: CCEP) is down about 1.3%, and Nebius Group NV (Symbol: NBIS) is lower by about 1%. For a complete list of holdings, visit the IEFA Holdings page » The chart below shows the one year price performance of IEFA, versus its 200 day moving average: Looking at the chart above, IEFA's low point in its 52 week range is $66.95 per share, with $98.83 as the 52 week high point — that compares with a last trade of $91.57. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the JBBB ETF (Symbol: JBBB) where we have detected an approximate $112.2 million dollar outflow -- that's a 10.0% decrease week over week (from 24,050,000 to 21,650,000). The chart below shows the one year price performance of JBBB, versus its 200 day moving average: Looki...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the JBBB ETF (Symbol: JBBB) where we have detected an approximate $112.2 million dollar outflow -- that's a 10.0% decrease week over week (from 24,050,000 to 21,650,000). The chart below shows the one year price performance of JBBB, versus its 200 day moving average: Looking at the chart above, JBBB's low point in its 52 week range is $45.75 per share, with $48.9553 as the 52 week high point — that compares with a last trade of $46.64. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs experienced notable outflows » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.