Palantir Technologies Inc. ’s chief executive Alex Karp bought a Miami mansion in June, seven months before the firm’s surprise announcement to move its headquarters to the city, according to a person familiar with the matter. Public records show the property, located in Miami Beach on a man-made island, was purchased for $46 million by Hibiscus East LLC which listed New Hampshire lawyer Patrick C...
Palantir Technologies Inc. ’s chief executive Alex Karp bought a Miami mansion in June, seven months before the firm’s surprise announcement to move its headquarters to the city, according to a person familiar with the matter. Public records show the property, located in Miami Beach on a man-made island, was purchased for $46 million by Hibiscus East LLC which listed New Hampshire lawyer Patrick Collins as the representative. Collins has been linked to Karp in other real estate transactions and the Palantir executive owns property in New Hampshire. Palantir and Collins didn’t immediately reply to requests for comment. Zalmy Shapiro and Joel Lusky of The Brokerage South Florida, who represented the buyer, declined to comment. Dina Goldentayer of Douglas Elliman, who represented the sellers, also declined to comment. Palantir, a software company that has become the face of defense technology in the US for its work with the government on the battlefield and for immigration enforcement, announced it was moving its headquarters from Denver to Miami in a post on X in February. Though it hasn’t provided further information on its plans in Miami, the firm’s principal executive offices are now listed at a coworking space in Aventura, about 17 miles north of downtown. Karp, who has a net worth of $16 billion, according to the Bloomberg Billionaires Index , is among a growing number of high-profile tech moguls purchasing expensive real estate in Miami, with many fleeing tax proposals on the ultra wealthy in states like California. Earlier this month, Mark Zuckerberg broke a Miami-Dade County record with his $170 million purchase on Indian Creek, an exclusive private island town known as “billionaire bunker.” Alphabet Inc. co-founders Sergey Brin and Larry Page have also bought in Miami this year. Earlier this week, Howard Schultz, the billionaire ex-CEO of Starbucks Corp., said he moved to Miami.
Erasca press release ( ERAS ): Q4 GAAP EPS of -$0.19. Net Loss: Net loss was $29.1 million, or $(0.10) per basic and diluted share, for the quarter ended December 31, 2025, compared to $32.2 million, or $(0.11) per basic and diluted share, for the quarter ended December 31, 2024. For the full year ended December 31, 2025, Erasca reported a net loss of $124.5 million, or $(0.44) per basic and dilut...
Erasca press release ( ERAS ): Q4 GAAP EPS of -$0.19. Net Loss: Net loss was $29.1 million, or $(0.10) per basic and diluted share, for the quarter ended December 31, 2025, compared to $32.2 million, or $(0.11) per basic and diluted share, for the quarter ended December 31, 2024. For the full year ended December 31, 2025, Erasca reported a net loss of $124.5 million, or $(0.44) per basic and diluted share, compared to a net loss of $161.7 million, or $(0.69) per basic and diluted share, for the full year ended December 31, 2024. More on Erasca Erasca, Inc. (ERAS) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript Tango rises after Q4 results, clinical pact with Erasca Erasca prices $225M stock offering at $10 per share Seeking Alpha’s Quant Rating on Erasca Historical earnings data for Erasca
CoreWeave & NVIDIA: Right Place, Right Time Every so often, a company strikes a strikes gold with a bout of extreme luck. CoreWeave (CRWV) is a fantastic example of a company that benefited from an extremely lucky circumstance and pounced on the opportunity. In its infancy, the company was known as Atlantic Crypto, a digital asset company that owned and operated data centers used for crypto mining...
CoreWeave & NVIDIA: Right Place, Right Time Every so often, a company strikes a strikes gold with a bout of extreme luck. CoreWeave (CRWV) is a fantastic example of a company that benefited from an extremely lucky circumstance and pounced on the opportunity. In its infancy, the company was known as Atlantic Crypto, a digital asset company that owned and operated data centers used for crypto mining. However, in 2018, crypto markets crashed and entered a debilitating bear market, forcing Atlantic Crypto to pivot, change its name to CoreWeave, and focus on AI data centers. Although it wasn’t clear at the time, the pivot to AI data centers would turn out to be the best thing that could possibly happen to the company. In fact, annual revenues have soared from $15 million in 2022 to $5 billion in 2025. Zacks Investment Research Image Source: Zacks Investment Research In the early 2000s, NVIDIA (NVDA) was best-known for its general-purpose computing and gaming chips. However, by 2006, NVIDIA discovered its chips were perfect for training complex AI models, fully embracing the coming AI revolution in 2010. Zacks Investment Research Image Source: Zacks Investment Research GameStop: Better Lucky than Good Before 2020, GameStop (GME) was a dying, heavily shorted, brick-and-mortar video game retailer. However, GME shares experienced one of the most breathtaking runs of all time after a group of retail investors on Reddit’s r/wallstreetbets forum orchestrated a short squeeze that forced large hedge funds to drive up the stock price. Amid retail investor liquidity gained fueled by COVID-era stimulus checks, GME shares would explode from $0.64 to $121! Zacks Investment Research Image Source: Zacks Investment Research Like most fundamentally-absent short squeezes, GME’s story would end with a major correction, with shares dropping as low as $10 by early 2021. GameStop is a Cash Cow Since GME shares came back to Earth, Wall Street has largely forgotten about the once high flyer. How...
Check out the companies making headlines in after-hours trading. Ulta Beauty — Ulta shares dropped 8% after the beauty products retailer reported weak earnings results . For its fourth quarter, Ulta posted earnings of $8.01 per share, falling short of the $8.03 per share that analysts polled by LSEG were expecting. The retailer's revenue of $3.90 billion came out ahead of the $3.80 billion expecte...
Check out the companies making headlines in after-hours trading. Ulta Beauty — Ulta shares dropped 8% after the beauty products retailer reported weak earnings results . For its fourth quarter, Ulta posted earnings of $8.01 per share, falling short of the $8.03 per share that analysts polled by LSEG were expecting. The retailer's revenue of $3.90 billion came out ahead of the $3.80 billion expected. Adobe — The software giant saw shares tumble nearly 7%. CEO Shantanu Narayen said that he would step down from his post after a successor has been named. Narayen will remain as chair of the company's board. He has been Adobe's CEO since 2007. The news overshadowed first-quarter beats on the top and bottom lines. Lennar — The homebuilder dropped 2% in the after-hours session, after Lennar reported a second quarterly earnings miss in a row. The company reported earnings of 93 cents per share on revenue of $6.62 billion, falling short of the 96 cents per share and $6.88 billion that was expected by analysts polled by LSEG. Rubrik — The data security and cloud stock popped 2% after posting fourth-quarter adjusted earnings of 4 cents per share, while analysts polled by LSEG had anticipated a loss of 11 cents. The company's $378 million revenue also exceeded expectations of $342 million. Rubrik also sees its first-quarter revenue coming in between $365 million to $367 million, above the consensus forecast of $351 million. Sentinel One — The cybersecurity stock fell nearly 3%. SentinelOne issued a weak outlook for first-quarter adjusted earnings, calling for a range of 1 cent to 2 cents per share, missing the LSEG consensus of 5 cents per share. In the fourth quarter, SentinelOne posted earnings that narrowly topped estimates, but revenue of $271 million was in line with expectations. Insulet — The maker of continuous glucose monitoring devices is recalling certain batches of its Omnipod 5 pods. The company said some batches have a small tear in the internal tubing that can res...
The S&P 500 (SNPINDEX:^GSPC) fell 1.52% to 6,672.62, the Nasdaq Composite (NASDAQINDEX:^IXIC) slid 1.78% to 22,311.98, and the Dow Jones Industrial Average (DJINDICES:^DJI) dropped 1.56% to 46,677.86 as surging oil and Iran war fears fueled broad risk-off selling. Oil-linked names and defensives outperformed while travel, tech, and staples sank. Airline stocks such as Delta Air Lines (NYSE:DAL) sl...
The S&P 500 (SNPINDEX:^GSPC) fell 1.52% to 6,672.62, the Nasdaq Composite (NASDAQINDEX:^IXIC) slid 1.78% to 22,311.98, and the Dow Jones Industrial Average (DJINDICES:^DJI) dropped 1.56% to 46,677.86 as surging oil and Iran war fears fueled broad risk-off selling. Oil-linked names and defensives outperformed while travel, tech, and staples sank. Airline stocks such as Delta Air Lines (NYSE:DAL) slumped on fuel cost worries, cloud player Netskope (NASDAQ:NTSK) tumbled after its IPO lockup expiry, and gold miner Harmony Gold (NYSE:HMY) slid despite hiking its dividend. As of this writing, WTI crude oil futures were up 10% to about $96 per barrel. The latest spike came after Iran attacked several ships in the Persian Gulf and the International Energy Agency (IEA) called it the “largest supply disruption” ever. The move in oil came despite the 32-member countries of the IEA deciding to release 400 million barrels of oil from emergency reserves, the largest such action in history. Continue reading
Blue Ridge Bankshares (NYSE American: BRBS) on Thursday said that President and Chief Executive Officer G. William Beale retired from the company and its unit Blue Ridge Bank National Association effective March 6. The company appointed Harry Golliday, executive VP and Chief Credit Officer, as interim President and CEO of the company and interim CEO of the bank. Golliday will continue to oversee g...
Blue Ridge Bankshares (NYSE American: BRBS) on Thursday said that President and Chief Executive Officer G. William Beale retired from the company and its unit Blue Ridge Bank National Association effective March 6. The company appointed Harry Golliday, executive VP and Chief Credit Officer, as interim President and CEO of the company and interim CEO of the bank. Golliday will continue to oversee growth and capital management initiatives following the bank’s exit from an Office of the Comptroller of the Currency consent order in November 2025, the company said. Source: Press Release More on Blue Ridge Bankshares Blue Ridge Bankshares: Profits Up, Customer Deposits Down Financial information for Blue Ridge Bankshares
This article first appeared on GuruFocus. Amazon (AMZN, Financials) could face a criminal trial in Italy after prosecutors in Milan requested that the company's European unit and four executives be charged over alleged tax evasion worth roughly 1.2 billion ($1.38 billion). The request comes despite Amazon previously agreeing to pay about 527 million to Italy's tax authority in December to settle a...
This article first appeared on GuruFocus. Amazon (AMZN, Financials) could face a criminal trial in Italy after prosecutors in Milan requested that the company's European unit and four executives be charged over alleged tax evasion worth roughly 1.2 billion ($1.38 billion). The request comes despite Amazon previously agreeing to pay about 527 million to Italy's tax authority in December to settle a related dispute. In most similar cases involving multinational companies, criminal investigations are typically closed once a settlement is reached. However, prosecutors in Milan have decided to continue pursuing the case. Authorities claim Amazon's platform algorithms allowed tens of thousands of non-EU sellers many based in China to sell goods in Italy without properly disclosing their identities. According to the charges, this may have helped those sellers avoid paying value-added tax (VAT) on their sales. Under Italian law, online marketplaces can be held jointly responsible for unpaid VAT owed by non-EU sellers using their platforms. Prosecutors say the Italian Economy Ministry should be considered the injured party in the case. A judge will now determine whether the case proceeds to trial. If the allegations are upheld in court, the ruling could potentially challenge aspects of Amazon's marketplace model across Europe, where VAT rules are harmonized across the European Union.
On February 17, 2026, Engle Capital Management disclosed in an SEC filing that it fully liquidated its position in National Vision Holdings (EYE 2.85%), selling 541,898 shares previously worth $15.82 million. What happened According to an SEC filing dated February 17, 2026, Engle Capital Management sold its entire holding of 541,898 shares in National Vision Holdings during the fourth quarter. The...
On February 17, 2026, Engle Capital Management disclosed in an SEC filing that it fully liquidated its position in National Vision Holdings (EYE 2.85%), selling 541,898 shares previously worth $15.82 million. What happened According to an SEC filing dated February 17, 2026, Engle Capital Management sold its entire holding of 541,898 shares in National Vision Holdings during the fourth quarter. The fund’s quarter-end position value in the stock decreased by $15.82 million as a result. What else to know Engle Capital sold out of National Vision Holdings, reducing its 13F AUM exposure by 6.1%. Top holdings after the filing: NASDAQ:TLN: $28.86 million (11.1% of AUM) NYSE:TBBB: $25.04 million (9.7% of AUM) NASDAQ:LGN: $24.06 million (9.3% of AUM) NASDAQ:ROAD: $20.08 million (7.7% of AUM) NYSE:VST: $17.75 million (6.8% of AUM) As of Thursday, EYE shares were priced at $25.93, up 118% over the past year and well outperforming the S&P 500’s roughly 20% gain in the same period. Company overview Metric Value Revenue (TTM) $1.99 billion Net Income (TTM) $29.6 million Price (as of Thursday) $25.93 One-year price change 118% Company snapshot National Vision Holdings offers eyeglasses, contact lenses, optical accessories, and eye exams through retail stores and e-commerce platforms under brands such as America's Best, Eyeglass World, and Vista Optical. The firm operates a vertically integrated optical retail model, generating revenue from product sales and optometric services across owned, host, and legacy store segments. It serves value-focused consumers seeking affordable vision care solutions in the United States, including both retail and managed care customers. National Vision Holdings, Inc. is a leading U.S. optical retailer with a broad store footprint and a focus on value-driven eye care. The company leverages a multi-brand strategy and integrated service offerings to capture a diverse customer base. Its scale and operational efficiency support competitive pricing and acc...
"We didn't leave in the previous war and we got used to it. Even through this, the children have sometimes played outside under the warplanes. After this hit I felt distress and I feared for them [but] they turned out to be tougher than me," she said as her grandchildren smiled beside her.
"We didn't leave in the previous war and we got used to it. Even through this, the children have sometimes played outside under the warplanes. After this hit I felt distress and I feared for them [but] they turned out to be tougher than me," she said as her grandchildren smiled beside her.
Amazon.com Inc. is moving up its annual Prime Day sale to June from July, according to people familiar with the matter, shifting the schedule for an event that’s become a big part of the e-commerce economy. The timing is expected to be late June, said the people, who asked not to be identified because the plans aren’t yet public. A representative for Amazon declined to comment. The change will aff...
Amazon.com Inc. is moving up its annual Prime Day sale to June from July, according to people familiar with the matter, shifting the schedule for an event that’s become a big part of the e-commerce economy. The timing is expected to be late June, said the people, who asked not to be identified because the plans aren’t yet public. A representative for Amazon declined to comment. The change will affect both Amazon and its constellation of third-party vendors, which count on the discounting surge to attract shoppers. Since Amazon captures about 40 cents of every dollar spent online, the timing of Prime Day is also closely watched by competitors, which look to draft off of the promotions and web traffic. Amazon launched its summer sale in 2015 to attract new Prime members, who pay $139 a year for shipping discounts, video streaming and other perks. Over the past decade, the company has attempted to keep Prime Day fresh and exciting — a challenge in the face of numerous rival events. Last year, Amazon stretched Prime Day to four days from two, which gave shoppers more time to browse but also reduced the sense of urgency to make purchases in the moment. Read More: Amazon Prime Day Sales Off 41% First Day, Brand Adviser Says The latest change has implications for Amazon’s financial reporting, with sales from the event coming in the second quarter rather than the third. The event also serves as a barometer of broader consumer sentiment, especially in times of economic uncertainty. Online spending across all retailers during last year’s four-day sale increased 30% from a year earlier to $24.1 billion, according to Adobe Inc. Events from Walmart Inc. and Target Corp. typically overlap with Amazon’s. For retailers, summer is one of the most important periods because consumers are doing their back-to-school shopping. It’s also an opportunity to build loyalty among customers ahead of the year-end holiday season. Consumer spending has remained fairly consistent in recent months d...
Guido Mieth/DigitalVision via Getty Images Few funds have ever managed to capture the interest of investors as the Amplify Junior Silver Miners ETF ( SILJ ). After years of volatility, the fund saw an astonishing return of 184% in 2025. The reason for this is the structural shift that has taken place, with silver now becoming an important part of the new AI revolution. Data centers that run AI mod...
Guido Mieth/DigitalVision via Getty Images Few funds have ever managed to capture the interest of investors as the Amplify Junior Silver Miners ETF ( SILJ ). After years of volatility, the fund saw an astonishing return of 184% in 2025. The reason for this is the structural shift that has taken place, with silver now becoming an important part of the new AI revolution. Data centers that run AI models require silver for high-performance chips, silver-plated connectors, and switchgear that can distribute power at high voltage. Furthermore, the silver market is now finishing its fifth consecutive year of structural deficit, with the safe-haven status of silver now being compounded by the geopolitical boiling pot. Data by YCharts We will give our overview of the fund, compare it to peer funds, and discuss the ongoing short- and long-term catalysts for the fund and the metal, as well as valuation and potential risks. Let’s go. The Fund Amplify Junior Silver Miners ETF's main goal is to provide investors exposure to the silver mining industry and companies that extract their revenues from silver mining, silver production, or exploration and development of silver mining sites. The ETF seeks to replicate the performance, before fees and expenses, of the Nasdaq Junior Silver Miners™ Index. The weighting is based on the market cap of the constituents, with minimum criteria being $20 million and daily turnover criteria of at least $10 thousand over the last three months. The liquidity requirements are fairly loose but expected for the kind of companies and investment vehicles this presents. You can read up more about the index methodology here . These are just some of the more important characteristics. There are 62 holdings in the fund, and the top 10 companies represent around 60% of the fund's assets. We’ll focus on some key fund characteristics now, using the Seeking Alpha grading system. The fund has a Seeking Alpha C- Expense Grade , weighted down by the higher expense r...
In trading on Thursday, shares of the BBH Select Large Cap ETF (Symbol: BBHL) entered into oversold territory, changing hands as low as $15.35 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the cas...
In trading on Thursday, shares of the BBH Select Large Cap ETF (Symbol: BBHL) entered into oversold territory, changing hands as low as $15.35 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of BBH Select Large Cap, the RSI reading has hit 27.6 — by comparison, the RSI reading for the S&P 500 is currently 35.8. A bullish investor could look at BBHL's 27.6 reading as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. Looking at a chart of one year performance (below), BBHL's low point in its 52 week range is $15.34 per share, with $17.21 as the 52 week high point — that compares with a last trade of $15.35. BBH Select Large Cap shares are currently trading down about 1.2% on the day. Click here to find out what 9 other oversold dividend stocks you need to know about » 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.
In trading on Thursday, shares of QXO Inc (Symbol: QXO) crossed below their 200 day moving average of $20.80, changing hands as low as $19.43 per share. QXO Inc shares are currently trading down about 7% on the day. The chart below shows the one year performance of QXO shares, versus its 200 day moving average: Looking at the chart above, QXO's low point in its 52 week range is $11.97 per share, w...
In trading on Thursday, shares of QXO Inc (Symbol: QXO) crossed below their 200 day moving average of $20.80, changing hands as low as $19.43 per share. QXO Inc shares are currently trading down about 7% on the day. The chart below shows the one year performance of QXO shares, versus its 200 day moving average: Looking at the chart above, QXO's low point in its 52 week range is $11.97 per share, with $27.61 as the 52 week high point — that compares with a last trade of $19.55. Click here to find out which 9 other stocks recently crossed below their 200 day moving average » 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.