Earnings Call Insights: American Outdoor Brands (AOUT) Q3 2026 Management View Brian Murphy, President and CEO, reported that "our third quarter performance demonstrates the disciplined execution of our strategy." He highlighted strong retail sell-through, advancement in the innovation pipeline, and active portfolio management as priorities that enabled value creation despite challenges such as sh...
Earnings Call Insights: American Outdoor Brands (AOUT) Q3 2026 Management View Brian Murphy, President and CEO, reported that "our third quarter performance demonstrates the disciplined execution of our strategy." He highlighted strong retail sell-through, advancement in the innovation pipeline, and active portfolio management as priorities that enabled value creation despite challenges such as shifting tariff policies and uneven retailer ordering patterns. Murphy explained that net sales for the quarter were $56.6 million, which was a 3.3% year-over-year decline but ahead of internal expectations. He attributed tough sales comparisons to an ongoing inventory reset at the largest e-commerce retailer and continued softness in the aiming solutions category, describing these as near-term challenges. The Outdoor Lifestyle category generated over 62% of net sales with 5.4% year-over-year growth, driven by BOG and MEAT! Your Maker brands. Shooting Sports declined 15%, mostly from aiming solutions weakness. Murphy noted strong momentum for the Caldwell brand, especially with the new ClayCopter platform. Innovation investments yielded over 26% of net sales from new products. Murphy announced an upcoming April rollout of SCORETRACKER LIVE, integrating Major League Fishing technology into the BUBBA app, targeting broader tournament and organizer use. Murphy detailed two portfolio management actions: divesting the UST camping and survival brand due to its limited alignment with the company’s innovation engine, and accelerating the sell-through of certain aiming solutions inventory. He emphasized, "these actions demonstrate our focus on investing in the brands and product categories where innovation and differentiation can drive stronger long-term growth." On tariffs, Murphy stated, "the policy landscape around tariffs can change quickly, requiring us to remain agile and thoughtful in how we proceed." CFO H. Fulmer stated, "net sales for Q3 were $56.6 million compared to $58.5 ...
Key Points Exited entire position in Buckle, reducing holdings by 72,000 shares; estimated trade size was $4.22 million based on quarterly average pricing. This move represented a 1.49% decrease in the fund’s reportable 13F assets under management. The position previously accounted for approximately 1.55% of the fund’s AUM as of the prior quarter. 10 stocks we like better than Buckle › On February...
Key Points Exited entire position in Buckle, reducing holdings by 72,000 shares; estimated trade size was $4.22 million based on quarterly average pricing. This move represented a 1.49% decrease in the fund’s reportable 13F assets under management. The position previously accounted for approximately 1.55% of the fund’s AUM as of the prior quarter. 10 stocks we like better than Buckle › On February 17, 2026, Miller Value Partners, LLC, disclosed in a U.S. Securities and Exchange Commission filing that it sold out its entire stake in Buckle (NYSE:BKE). What happened According to an SEC filing dated February 17, 2026, Miller Value Partners, LLC, sold all 72,000 shares of Buckle during the fourth quarter of 2025, fully exiting the position. The estimated transaction value was $4.22 million, calculated using the quarter’s average share price. The net position change, representing the quarter-end valuation impact, also totaled $4.22 million. The fund now reports a zero stake in the retailer. What else to know Top holdings after this filing: NYSE:NBR: approximately $32.73 million (approximately 11.5% of AUM) NYSE:LNC: approximately $22.48 million (approximately 7.9% of AUM) NYSE:GTN: approximately $19.30 million (approximately 6.8% of AUM) NYSE:TDAY: approximately $17.53 million (approximately 6.2% of AUM) NYSE:QUAD: approximately $17.17 million (approximately 6.0% of AUM) As of February 13, 2026, shares of Buckle were priced at $53.45, showing a one-year return of approximately 36.8% and outperforming the S&P 500 by 25.05 percentage points. Company/Etf overview Metric Value Revenue (TTM) $1.28 billion Net income (TTM) $206.10 million Dividend yield 2.62% Price (as of market close February 13, 2026) $53.45 Company/Etf snapshot Offers branded and private label casual apparel, footwear, and accessories, with significant revenue generated from denim, tops, and related merchandise. Operates a multi-channel retail model through physical stores and e-commerce, leveraging exclusi...
On Tuesday, Oracle Corporation said its rapidly expanding AI data center business is already profitable, though heavy construction and expansion costs are temporarily weighing on overall margins. AI Data Centers Already Generating Strong Margins During the company's fiscal third-quarter earnings call, Oracle Co-CEO Clay Magouyrk said the company's AI infrastructure is delivering healthy returns ev...
On Tuesday, Oracle Corporation said its rapidly expanding AI data center business is already profitable, though heavy construction and expansion costs are temporarily weighing on overall margins. AI Data Centers Already Generating Strong Margins During the company's fiscal third-quarter earnings call, Oracle Co-CEO Clay Magouyrk said the company's AI infrastructure is delivering healthy returns even as the tech giant aggressively builds new capacity. Magouyrk told analysts that Oracle expects gross margins of 30% to 40% for AI accelerators, a forecast the company has previously shared. He added that Oracle continues to improve efficiency in running AI data centers, lowering costs tied to networking, hardware and power as it scales operations. Don't Miss: Adjacent Cloud Services Boost Profitability Magouyrk noted that AI workloads do not rely solely on accelerators. Customers also purchase a range of supporting cloud services, including compute, storage, security and networking. Those additional services typically represent 10% to 20% of overall spending and many carry higher margins. "There is a lot of general-purpose compute. There is a lot of, whether it be high-performance or large-scale blob storage. There is load balancing. There are identity and security products," Magouyrk said. Adding, "When you factor that in, which has higher margins depending on the mix of services, overall profitability continues to improve." He also highlighted Oracle's rapidly growing multicloud database business, which carries margins in the 60% to 80% range and further strengthens the profitability profile of the company's cloud infrastructure. Trending: Own the Characters, Not Just the Content: Inside a Fast-Growing Pre-IPO IP Company Construction Boom Temporarily Weighing On Margins According to Magouyrk, the main factor limiting even stronger profits is the company's aggressive data center expansion. Oracle is building multiple facilities simultaneously to keep up with soaring AI ...
They were killed by American bombs. They were held at gunpoint by Japanese guards who fired indiscriminately into the crowded holds and when the ship finally went down, many were left to drown. Eight decades later, the United States is coming back for them. Hundreds perished when the Japanese “hell ship” Oryoku Maru was sunk in Subic Bay in December 1944. Now, the Pentagon has launched a multi-yea...
They were killed by American bombs. They were held at gunpoint by Japanese guards who fired indiscriminately into the crowded holds and when the ship finally went down, many were left to drown. Eight decades later, the United States is coming back for them. Hundreds perished when the Japanese “hell ship” Oryoku Maru was sunk in Subic Bay in December 1944. Now, the Pentagon has launched a multi-year mission in waters off the Philippines to retrieve their remains. As many as 250 Americans are believed to still lie entombed in the wreck. The first phase of the mission began on February 12, with a team of 15 specialist divers from the Defence POW/MIA Accounting Agency (DPAA) working alongside US Navy sailors aboard the salvage vessel USNS Salvor. Advertisement Initial operations are scheduled to run through April, though the broader effort is expected to take several years. A postcard of the Oryoku Maru pre-World War II when it was part of the OSK Line. Photo: West-Point.org Blood, bombs and bayonets Launched in the 1930s as a luxury liner running between Japan and ports on the US west coast, the Oryoku Maru was requisitioned by the Japanese navy early in World War II – first as a troopship, then as one of the grim fleet known as “hell ships”, used to ferry Allied prisoners north to Japan to labour in mines, shipyards and heavy industry.
GUANGZHOU, China, March 12, 2026 (GLOBE NEWSWIRE) -- WeRide (NASDAQ: WRD, HKEX: 0800), a global leader in autonomous driving technology, today announced an expanded strategic partnership with Tencent Cloud, the cloud computing brand under Tencent Group. Starting today, WeRide’s Robotaxis will be integrated into the Tencent Mobility Service mini program on WeChat, allowing users to book and pay for...
GUANGZHOU, China, March 12, 2026 (GLOBE NEWSWIRE) -- WeRide (NASDAQ: WRD, HKEX: 0800), a global leader in autonomous driving technology, today announced an expanded strategic partnership with Tencent Cloud, the cloud computing brand under Tencent Group. Starting today, WeRide’s Robotaxis will be integrated into the Tencent Mobility Service mini program on WeChat, allowing users to book and pay for Robotaxi rides directly without needing any additional apps. This cooperation strengthens the integration between China's top mobility service ecosystem and WeRide's industry-leading autonomous driving technology, bringing safe, reliable driverless transportation to more users. By tapping into the high-traffic Tencent Mobility Service mini program, WeRide's Robotaxis can reach a broad base of WeChat users and integrate more closely with daily public travel scenarios. As reach and ride frequency grow, WeChat's ecosystem traffic is expected to translate into steady demand, accelerating WeRide's large-scale Robotaxi commercialization and progress toward per-vehicle profitability. Following the launch of the Tencent Mobility Service mini program, WeRide's Robotaxi service will also soon be available on Tencent Maps, further expanding the public’s autonomous ride-hailing options. Currently, Guangzhou users are the first to experience the service on WeChat, with plans to gradually expand availability to additional cities. To book a ride, users can simply open WeChat, tap “Me” → “Services” → “Tencent Mobility Service”, enter their pickup and drop-off points, and select “Autonomous Driving – WeRide” when a nearby Robotaxi stop is available. As early as April 2024, WeRide and Tencent Cloud established a strategic partnership focusing on areas such as autonomous driving cloud computing platforms. In May 2025, both companies signed a new agreement to deepen collaboration, jointly promoting the large-scale commercial operations of Level 4 Robotaxi services. The launch of WeRide’s Robo...
FabrikaCr/iStock via Getty Images Fund performance Columbia Disciplined Growth Fund Class A shares returned 2.52% (excluding sales charges) and Institutional Class shares returned 2.61% for the quarter ended December 31, 2025. The fund posted positive returns that outperformed its benchmark, the Russell 1000 Growth Index, which returned 1.12% for the same period. The fund's results can be attribut...
FabrikaCr/iStock via Getty Images Fund performance Columbia Disciplined Growth Fund Class A shares returned 2.52% (excluding sales charges) and Institutional Class shares returned 2.61% for the quarter ended December 31, 2025. The fund posted positive returns that outperformed its benchmark, the Russell 1000 Growth Index, which returned 1.12% for the same period. The fund's results can be attributed primarily to the relative performance of its model's stock selection measures. Market overview U.S. equities posted a gain of 2.41% in the fourth quarter, as measured by the Russell 1000 Index. The index returned 17.37% in 2025, marking the third year in a row in which it gained 15% or more, as well as the sixth of the last seven years. The positive three-month return was primarily a function of the same factors that propelled stocks over the full year: namely, better-than-expected economic growth, robust corporate earnings results and inflation that largely remained below an annualized rate of 3%. The U.S. Federal Reserve continued to ease policy, cutting rates by a quarter point at its meetings in October and December and announcing an end to the multi-year effort to reduce the size of its balance sheet. Stocks also remained supported by ongoing excitement surrounding the artificial intelligence ( AI ) theme, albeit with a brief stretch of concern in November that AI-related equities were in a "bubble." Notably, the quarter was characterized by a broadening of leadership away from the mega-cap technology stocks that had been key drivers of market performance for most of the year. At the style level, value stocks rose 3.81% — as measured by the Russell 1000 Value Index — and outpaced the 1.12% gain for the Russell 1000 Growth Index. Small caps also produced competitive returns relative to their larger peers after lagging for the majority of 2025, with a return of 2.19% for the Russell 2000 Index during the quarter. Columbia Disciplined Growth Fund Top holdings (% of net...
GUANGZHOU, China, March 12, 2026 /PRNewswire/ -- Pony.ai, a global leader in the large-scale commercialization of autonomous driving technology, today announced expanded access to its robotaxi ride-hailing service through integration into Tencent Mobility Service. The launch marks another milestone in Pony.ai's commercialization of autonomous mobility and represents the latest advancement in its s...
GUANGZHOU, China, March 12, 2026 /PRNewswire/ -- Pony.ai, a global leader in the large-scale commercialization of autonomous driving technology, today announced expanded access to its robotaxi ride-hailing service through integration into Tencent Mobility Service. The launch marks another milestone in Pony.ai's commercialization of autonomous mobility and represents the latest advancement in its strategic partnership with Tencent Cloud, first announced in April 2025. Users in designated areas of Guangzhou can now book fully driverless rides via Tencent's WeChat "Mobility Services" portal. After entering their pickup and drop-off locations, users can opt for an autonomous ride if the route falls within Pony.ai's service coverage. Tencent's WeChat is one of China's most widely used consumer apps, with a user base exceeding one billion. The integration further expands Pony.ai's presence in the WeChat ecosystem, where users previously accessed its service through the company's Mini Program. The service is also expected to be integrated into Tencent Maps in the near future. The rollout builds on the broader collaboration between Pony.ai and Tencent Cloud, which spans cloud computing, mapping, smart cabin, virtual simulation, and AI. Leveraging Tencent's platform reach and technical infrastructure, Pony.ai aims to further enhance service accessibility while supporting the stable and scalable operation of its autonomous fleet. Since 2025, Pony.ai has accelerated the commercialization of its robotaxi business. The company was the first in China to launch fully driverless ride-hailing operations across all four tier-one cities, namely Beijing, Shanghai, Guangzhou, and Shenzhen. Its total Robotaxi fleet has surpassed 1,159 vehicles and is expected to further expand to more than 3,000 units by the end of 2026. Pony.ai continues to strengthen industry partnerships to support long-term scaling and ecosystem development. In China, the company has established deep collaborations w...
Iron ore headed for its biggest weekly gain in over a year, after China’s state-backed buyer moved to expand restrictions on BHP Group products. Singapore futures of the steelmaking ingredient have risen over 6% this week, which would be the largest increase since January 2025. Prices rose Friday to nearly $109 a ton as Chinese mills rushed to transfer BHP ore from port stockpiles to plants to get...
Iron ore headed for its biggest weekly gain in over a year, after China’s state-backed buyer moved to expand restrictions on BHP Group products. Singapore futures of the steelmaking ingredient have risen over 6% this week, which would be the largest increase since January 2025. Prices rose Friday to nearly $109 a ton as Chinese mills rushed to transfer BHP ore from port stockpiles to plants to get ahead of any curbs. China Mineral Resources Group Co. has indicated to mills that products, including Newman fines and lumps and Mining Area C fines, would be put in the same restricted category as BHP’s Jimblebar blend. It would be second time this month that CMRG has escalated its response to fraught negotiations with BHP on long-term contracts. Read More: China Steel Mills Rush to Move BHP Ore on Fear of More Curbs Singapore futures were 0.4% higher on the day at $108.25 a ton at 10.12 a.m. local time. Futures in Dalian added 2.6% to 816.50 yuan a ton, while Shanghai steel contracts also climbed.
At roughly $73 per share as of this writing, Uber Technologies (UBER 2.83%) is trading well below its 52-week high of nearly $102. This pullback is, in part, a reflection of uncertainty regarding how the self-driving cars will impact Uber's business. Investors are likely becoming increasingly concerned that companies developing their own self-driving technologies will eventually be able to leapfro...
At roughly $73 per share as of this writing, Uber Technologies (UBER 2.83%) is trading well below its 52-week high of nearly $102. This pullback is, in part, a reflection of uncertainty regarding how the self-driving cars will impact Uber's business. Investors are likely becoming increasingly concerned that companies developing their own self-driving technologies will eventually be able to leapfrog Uber's ride-sharing network and ultimately erode the company's dominant market position. However, a strategic partnership announced on Wednesday with Amazon's autonomous vehicle unit, Zoox, points to a much more favorable scenario for the ride-hailing giant. Rather than being disrupted by the self-driving transition, Uber is actively positioning its platform as the indispensable demand-generation engine for the autonomous era. With the stock trading at a discount to recent highs and the company continually expanding its network of self-driving partners, investors have to ask whether this is a compelling opportunity to buy into a highly profitable tech platform before the AV market fully matures. Outsourcing the hardware risk Under the newly announced multiyear agreement, Zoox's purpose-built robotaxis -- which lack traditional steering wheels and pedals -- will be available to Uber users in Las Vegas beginning this summer. The companies plan to expand the service to Los Angeles by mid-2027. The deal is a crucial validation of Uber's capital-light approach to the future of transportation. Developing autonomous hardware and software arguably requires tens of billions of dollars in capital expenditures and entails significant regulatory and execution risks. Instead of trying to build its own fleet of robotaxis from scratch, Uber is leveraging its massive existing ride-sharing user base to partner with the developers who are taking on that hardware risk. Uber ended 2025 with 202 million monthly active platform consumers. For hardware companies like Zoox trying to achieve util...
Key Points Uber Technologies and Amazon's Zoox announced a strategic multiyear agreement to deploy purpose-built robotaxis on the Uber app. The ride-hailing company's fourth-quarter revenue rose sharply, driven by strength in both mobility and delivery. The stock trades at a lower valuation, reflecting market uncertainty about the impact autonomous vehicle technology will have on its business. 10 ...
Key Points Uber Technologies and Amazon's Zoox announced a strategic multiyear agreement to deploy purpose-built robotaxis on the Uber app. The ride-hailing company's fourth-quarter revenue rose sharply, driven by strength in both mobility and delivery. The stock trades at a lower valuation, reflecting market uncertainty about the impact autonomous vehicle technology will have on its business. 10 stocks we like better than Uber Technologies › At roughly $73 per share as of this writing, Uber Technologies (NYSE: UBER) is trading well below its 52-week high of nearly $102. This pullback is, in part, a reflection of uncertainty regarding how the self-driving cars will impact Uber's business. Investors are likely becoming increasingly concerned that companies developing their own self-driving technologies will eventually be able to leapfrog Uber's ride-sharing network and ultimately erode the company's dominant market position. 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 » However, a strategic partnership announced on Wednesday with Amazon's autonomous vehicle unit, Zoox, points to a much more favorable scenario for the ride-hailing giant. Rather than being disrupted by the self-driving transition, Uber is actively positioning its platform as the indispensable demand-generation engine for the autonomous era. With the stock trading at a discount to recent highs and the company continually expanding its network of self-driving partners, investors have to ask whether this is a compelling opportunity to buy into a highly profitable tech platform before the AV market fully matures. Outsourcing the hardware risk Under the newly announced multiyear agreement, Zoox's purpose-built robotaxis -- which lack traditional steering wheels and pedals -- will be available to Uber users in Las Vegas beginning this su...