Several software stocks have plunged since late 2024 on concerns about bloated valuations and fears of AI disruption. While The Trade Desk (TTD 5.15%) isn't ostensibly threatened by AI, it has fallen further than almost any other stocks during that time period, now down 82% from its peak in Dec. 2024. The leading independent demand-side adtech platform (DSP) has been plagued by slowing growth, stiffer competition, primarily from Amazon, and the strength of "walled gardens" like Alphabet, Meta Platforms, and Apple, making it difficult for it to grab market share. Management has mostly denied the competitive threat it's facing on its earnings calls and insisted that The Trade Desk's open platform is the best way to buy digital ads, but the stock price says otherwise. CEO Jeff Green has bought shares recently, attempting to instill confidence in the stock, but that hasn't been enough to give it a long-term boost. Now, The Trade Desk is facing an alarming series of customer defections that seem to underscore deeper problems with the business. Is The Trade Desk bilking customers? Last month, AdWeek reported that Dentsu and WPP, two of the world's biggest ad agencies, were leaving The Trade Desk's Open Path supply optimization product over "hidden fees and transparency." OpenPath is one of The Trade Desk's most important new products and was supposed to make it more competitive with Google. CEO Jeff Green even promised that its growth would accelerate in 2025 like an S-curve. Instead, the opposite seems to be happening as those top ad agencies are saying that it's unclear where their ads are running, and they're also paying hidden fees on the platform. On Tuesday, the stock plunged on a report in AdAge that Publicis, another giant ad agency, is telling clients not to use The Trade Desk as a DSP for digital media ad buying after an audit found several failures on The Trade Desk's behalf, including that The Trade Desk was overcharging its clients, assessing its DSP fees to ...

This article first appeared on GuruFocus. Nebius Group (NASDAQ:NBIS) is doubling down on its AI ambitions, pricing a larger-than-expected $4 billion convertible note offering as demand for the deal came in strong. The company initially aimed to raise $3.75 billion, but upsized the offering, splitting it into two parts: $2.25 billion due in 2031 with a 1.25% coupon and $1.75 billion due in 2033 at 2.625%. Shares were slightly higher in premarket trading, a sign investors are comfortable with the move for now. Nebius said the funds will go toward expanding its business, which increasingly revolves around AI infrastructure. The raise comes right after some big-name backing. Nebius recently locked in a $27 billion, 5-year deal with Meta Platforms (NASDAQ:META), giving the company a major customer for its AI capabilities. On top of that, Nvidia (NASDAQ:NVDA) has committed $2 billion, adding further credibility to its growth story.

Jefferies Highlights Top Enterprise Software Picks: MSFT, SNOW, ORCL GuruFocus

On February 17, 2026, Stonehill Capital Management reported in a Securities and Exchange Commission filing that it sold out of Telephone and Data Systems (TDS 1.87%) in the fourth quarter. What happened According to a Securities and Exchange Commission filing dated February 17, 2026, Stonehill Capital Management sold all 320,194 shares of Telephone and Data Systems (TDS 1.87%). The fund’s TDS position value dropped by $12.56 million from the previous quarter as a result. What else to know Top holdings after the filing: NASDAQ: SATS: $90.38 million (29.0% of AUM) NASDAQ: JOYY: $71.47 million (22.9% of AUM) NYSE: ELME: $30.25 million (9.7% of AUM) NASDAQ: LBRDK: $21.07 million (6.8% of AUM) NYSE: MBC: $19.65 million (6.3% of AUM) As of Wednesday, TDS shares were priced at $41.99, up about 19% over the past year, in line with the S&P 500’s gain in the same period. Company overview Metric Value Revenue (TTM) $1.23 billion Net income (TTM) ($75.5 million) Price (as of Wednesday) $41.99 Company snapshot TDS has historically provided wireless solutions, broadband internet, cloud-based television, and voice services through its UScellular and TDS Telecom segments. The firm has generated revenue primarily from wireless subscriptions, broadband access, and related telecommunications services, leveraging a mix of direct retail, third-party, and digital sales channels. It serves consumers, businesses, and government entities across the United States, with a focus on both urban and rural markets. Telephone and Data Systems is a leading U.S. telecommunications provider with a diversified portfolio that has spanned wireless, broadband, and voice services. It operates at scale, supporting millions of wireless and wireline connections nationwide. Its integrated approach and broad service offering position it to address evolving connectivity needs across a wide customer base. What this transaction means for investors Shares of Telephone and Data Systems have done a good job of keepin...

"I think we've seen a lot of governments really grappling with this issue because they are trying to square a circle: They are trying to protect creativity and at the same time encourage innovation," said Victoria Oakley, CEO of the IFPI.

lcva2/iStock Editorial via Getty Images My Thesis Update Microsoft Corporation ( MSFT ) is one of the biggest software companies in the world, and because of the AI-related disruption risks that the market has been pricing in lately, it followed the general narrative, with the stock falling by over 20% in the past 6 months. This correction is in sync with the S&P 500's ( SP500 ) SaaS stocks' performance through the first 2 months of Q1 2026: Goldman Sachs [proprietary source] Last time I covered MSFT , the stock was close to its ATHs. I called MSFT a boring business that keeps delivering, but unfortunately, the stock is down by 22% since my call. The firm has reported fiscal Q2 2026 and presented at Morgan Stanley's tech conference , along with a lot of fresh news that still didn't flip the narrative. So, I think it's time for an update from my end. In my opinion, when we consider the prospective benefits from MSFT's AI CAPEX, the positives are not visible at this moment. I like the valuation reset that only adds buffer for long-term holders/buyers, so the only logic rating for MSFT today, in my opinion, is a Buy. My Updated Reasoning On MSFT Open MSFT's Earnings page on Seeking Alpha, and you'll see that the firm beat its fiscal Q2 2026 earnings, showing $81.27 billion in revenues (+16.7% YoY) and ~$4.14 in adjusted EPS (+28.2% YoY) - the beats amounted to 1.24% and 5.69%, respectively. Most analysts (almost 74%, 17 out of 23) were bullish on what's coming in Q3, having adjusted their Q3 estimates to the upside: Seeking Alpha, MSFT's Earnings page Despite the headline strength, MSFT dropped by over 6% the day before the earnings report, and then it lost another 4%+ after the earnings print. In total, MSFT is down by over 11% following the Q2 print: TrendSpider Software, MSFT daily, Oakoff's notes added The biggest negative that could have led to this is MSFT's increased infrastructure spending guidance - at the Q2 call, management disclosed $37.5 billion in CAPEX (...

Microsoft's Transition Creates A Generational Buying Opportunity (NASDAQ:MSFT) Seeking Alpha

This article first appeared on GuruFocus. Barclays reports that Tesla (TSLA, Financials) is losing investor interest to its electric car business as emphasis switches to artificial intelligence and future development.The business expects Tesla to deliver 350,000 cars in the first quarter, below the average of 375,000. Due to lower demand in key nations like China and the termination of EV tax advantages in the US, demand is projected to plummet.Barclays stated that Tesla's valuation no longer depends on car industry fundamentals like volume and margins. Instead, investors are looking for turning points in AI, humanoid robotics, and robotaxis.Lower sales and greater raw material prices may potentially strain margins. However, pricing increases and regional mix may assist.Even if the story has altered, Barclays underlined Tesla's automobile business is still vital. This is especially important considering the company plans to spend $20 billion on capital projects in 2026.First-quarter deliveries and Tesla's long-term expansion ambitions beyond electric vehicles will influence the market next.

primeimages/E+ via Getty Images Investment Approach Fidelity® Magellan® Fund ( FMAGX ) is a diversified domestic equity strategy with a large-cap growth orientation and that seeks capital appreciation. The fund's mandate is highly flexible, giving us the ability to invest in domestic and foreign issuers across all market capitalizations and styles. Our investment approach seeks to identify high-quality growth stocks benefiting from long-term "mega trends," as well as the three "B's" – brands, barriers to entry and "best in class" management teams – using a proprietary quantitative screen and bottom-up fundamental analysis. The fund employs a unique risk-managed portfolio construction process that attempts to optimize alpha (risk-adjusted excess return). Rather than adjusting security weights according to conviction, we use an equal-active-weight approach, which helps to limit the impact of dramatic fluctuations in any single position, while still allowing for high active share (benchmark differentiation). Performance Summary Cumulative Cumulative Annualized Annualized Annualized Annualized 3 Month YTD 1 Year 3 Year 5 Year 10 Year/LOF1 Fidelity Magellan Fund Gross Expense Ratio: 0.56%2 -2.90% 10.58% 10.58% 22.85% 11.39% 13.75% S&P 500 Index 2.66% 17.88% 17.88% 23.01% 14.42% 14.82% Morningstar Fund Large Growth 0.55% 16.10% 16.10% 27.59% 11.28% 15.25% % Rank in Morningstar Category (1% = Best) -- -- 85% 77% 55% 77% # of Funds in Morningstar Category -- -- 1,080 1,004 936 755 Click to enlarge 1 Life of Fund (LOF) if performance is less than 10 years. Fund inception date: 05/02/1963. 2 This expense ratio is from the most recent prospectus and generally is based on amounts incurred during the most recent fiscal year, or estimated amounts for the current fiscal year in the case of a newly launched fund. It does not include any fee waivers or reimbursements, which would be reflected in the fund's net expense ratio. Past performance is no guarantee of future results. Invest...

This article first appeared on GuruFocus. Micron Technology (NASDAQ:MU) shares are seeing a surge in options activity ahead of its earnings report, as traders gear up for a potentially sharp move after the results. Right now, the options market is pricing in a swing of about 8% to 9% in either direction by the March 20 expiration. That translates to a possible trading range of roughly $430 to $510 once the earnings reaction plays out. The tone in the market leans slightly bullish. Call options, bets that the stock will rise, are drawing more attention than puts, especially at higher price levels. The $500 strike stands out as the most active, suggesting some traders are positioning for a move higher if Micron delivers strong numbers or upbeat guidance. On the flip side, put activity is present but looks more defensive than outright bearish, with traders likely hedging existing positions rather than betting on a drop. Even the pricing setup, known as options skew, hints at this bias, with markets assigning a bit more weight to upside potential heading into the report.

Micron Stock Could Swing 9% After Today's Earnings TradingView

格隆汇3月19日｜据日经新闻报道，日本央行持有的日本国债份额三年半来首次跌破50%，这表明该行在货币政策正常化方面取得了进展。央行资金流动数据显示，截至2025年底，日本央行持有503万亿日元（约合3.16万亿美元）日本国债，较2024年底下降10%。这503万亿日元占未偿国债的49%。以上余额和持有比例数据均基于市值计算，且不包括短期国库贴现票据。日本央行计划继续减少其持有量，以鼓励市场形成自由利率。日本央行持有的日本国债份额上一次低于50%是在2022年6月底。在日本引入非常规货币宽松政策之前的2013年3月底，这一比例为11.6%，后在2023年9月底达到53.9%的峰值。公共养老基金、外国投资者以及银行等存款吸收机构持有的日本国债份额正在上升。

Although Palantir's (PLTR) new partnership with Nvidia (NVDA) could move the needle positively for PLTR, the company appears to be facing increased competition and still trades at extremely high valuations. Additionally, the evolution of artificial intelligence (AI) could hurt the company's business, and evidence suggests that the Street remains somewhat skeptical about software stocks. Also noteworthy is that the company's co-founder and chairman, Peter Thiel, recently indicated that he planned to unload a large amount of PLTR stock. Since all of PLTR's weaknesses and negative catalysts far outweigh its deal with Nvidia, I do not recommend that investors purchase PLTR stock at this point. About PLTR Stock Specializing in data analytics, Palantir developed an artificial intelligence platform (AIP) that enables organizations to easily utilize AI to draw conclusions based on their data. Based in Miami, Palantir has historically focused on helping governments analyze data. Last quarter, Palantir's revenue jumped 70% versus the same period a year earlier to $1.4 billion, while its net income attributable to common stockholders soared to $608.7 million in Q4 from $79 million in Q4 2024. The company's market capitalization is $361 billion, and its forward price-to-earnings ratio is 148x, while it is changing hands for 48.2x its book value. Palantir's New Deal With Nvidia Palantir is partnering with Nvidia to develop “AI OS reference architecture” for organizations. The product, which is supposed to enable enterprises to easily create AI data centers and launch AI apps, utilizes Nvidia's AI hardware and supports PLTR's software. In my view, the agreement could be a modest, positive catalyst for Palantir's financial results. The architecture could be quite useful for many organizations looking to implement AI at scale, but other companies have likely launched similar offerings already. The offering could be particularly useful for foreign governments that are looking to imp...

This article first appeared on GuruFocus. Nvidia (NASDAQ:NVDA) shares moved 1% higher on Wednesday after Rosenblatt Securities increased its price target on the chipmaker to $325 from $300 and maintained a Buy rating, following discussions with management at the company's GTC conference. The brokerage updated its financial outlook after reviewing Nvidia's artificial intelligence roadmap. It now projects more than $1 trillion in combined revenue from the Blackwell and Rubin product families between 2025 and 2027. The firm also incorporated additional revenue assumptions for fiscal 2028, citing upcoming platforms and product extensions. Rosenblatt raised its fiscal 2028 revenue estimate to $550 billion and forecast non-GAAP earnings per share of $13, including stock-based compensation. The new price target is based on a valuation multiple of 25 times those projected earnings. The firm highlighted Nvidia's computing efficiency metrics as AI workloads shift toward inference applications. It also expects the company's revenue mix to gradually diversify beyond large cloud customers as AI adoption expands to enterprise and edge environments. Shares also boosted as Chief Executive Jensen Huang said the company is restarting H200 accelerator production for Chinese customers, signaling progress in efforts to resume shipments to the market.

Key Points Sold 802,904 shares of Blackbaud; estimated trade size was $51.63 million based on quarterly average pricing. Quarter-end position value declined by $51.63 million, reflecting both sale and price movement. Transaction equaled 1.87% of Greenhouse Funds LLLP's 13F reportable assets under management. Fund no longer holds Blackbaud shares after the trade; position value is now $0. The Blackbaud stake had represented 1.89% of the fund's AUM in the prior quarter. 10 stocks we like better than Blackbaud › On February 17, 2026, Greenhouse Funds LLLP disclosed in a Securities and Exchange Commission (SEC) filing that it sold its entire stake in Blackbaud (NASDAQ:BLKB). What happened According to a filing with the Securities and Exchange Commission dated February 17, 2026, Greenhouse Funds LLLP sold its entire position in Blackbaud during the fourth quarter of 2025. The firm disposed of 802,904 shares, with the estimated transaction value put at $51.63 million based on the average price during the quarter. What else to know The fund sold out of Blackbaud, reducing its holding to zero; the position now accounts for n/a of 13F assets under management. Top five holdings after the filing: NYSE:VYX: $187.18 million (6.8% of AUM) NYSE:BILL: $160.02 million (5.8% of AUM) NASDAQ:SRAD: $157.39 million (5.7% of AUM) NASDAQ:GSAT: $135.80 million (4.9% of AUM) NYSE:NCLH: $118.27 million (4.3% of AUM) As of February 13, 2026, shares of Blackbaud were priced at $49.08, with a one-year return of (39.2%) and an alpha of (51.04) percentage points versus the S&P 500. The position was previously 1.89% of the fund's AUM as of the prior quarter. Company overview Metric Value Revenue (TTM) $1.13 billion Net income (TTM) $114.97 million Price (as of market close 2/13/26) $49.08 One-year price change (39.25%) Company snapshot Offers cloud-based software solutions for fundraising, relationship management, financial management, grantmaking, and engagement, serving sectors such as education,...

watch now VIDEO 2:05 02:05 VP Vance: Energy prices will 'come back down to reality' after Iran War The Exchange Vice President JD Vance and Energy Secretary Chris Wright will meet Thursday with the oil industry as the White House looks for ways to address surging fuel prices. U.S. governors and bipartisan leaders in Congress will also attend the meeting at the American Petroleum Institute in Washington, D.C. API is the lobby group that represents all the big U.S. oil and gas companies. They will discuss "supporting reliable energy supply amid global volatility," a spokesperson for API told CNBC. Vance said Wednesday that the White House will announce additional measures in the next 24 to 48 hours to address rising fuel prices. "We've got a problem, we know we have a problem and we're doing everything we can to address it," Vance said at an event in Auburn Hills, Michigan. "We've got a rough road ahead of us for the next few weeks, but it's temporary," the vice president said. Diesel prices have topped $5 per gallon for the first time since 2022 as the Iran war has triggered the biggest oil supply disruption in history. Prices have increased about 35% since the U.S. and Israel attacked the Islamic Republic, according to data from travel association AAA. Gasoline prices in the U.S. have jumped nearly 29% to $3.84 per gallon, on average. President Donald Trump on Wednesday issued a two-month waiver of the Jones Act in an effort to reduce rising costs. The Jones Act requires U.S. ships to transport goods between domestic ports. The waiver would allow foreign vessels to also transport oil and other energy supplies in the U.S., potentially reducing transportion costs. The U.S. will also release 172 million barrels of oil from its Strategic Petroleum Reserve. The action is part of a broader effort by more than 30 nations to inject 400 million barrels into the market. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in busine...

In this article JNJ Follow your favorite stocks CREATE FREE ACCOUNT Signage outside Johnson & Johnson offices in Irvine, California, US, on Friday, Oct. 10, 2025. Kyle Grillot | Bloomberg | Getty Images Johnson & Johnson on Wednesday said the U.S. Food and Drug Administration approved its once-daily psoriasis pill, the first oral option to rival best-selling shots. The FDA approved the pill, Icotyde, to treat moderate to severe plaque psoriasis, an autoimmune condition that causes rough patches of skin. Patients typically start treatment with topical medications. If those don't work, they advance to pills or shots. J&J sees Icotyde becoming the first-line systematic treatment for psoriasis, in between topicals and shots. Drugmakers have been developing more advanced medicines than standard topicals, turning psoriasis into a highly competitive space. Icotyde targets the same IL-23 receptor as best-selling shots like J&J's Tremfya and AbbVie 's Skyrizi, giving patients an oral alternative to some of the most advanced — and most expensive — drugs on the market. "To be able to to be able to have something that is relatively simple, that offers that level of clearance, trusted safety profile, and in a simple pill, we think is going to be revolutionary," said Jennifer Taubert, chairman of J&J Innovative Medicine. J&J estimates about 8 million people in the U.S. have plaque psoriasis, and that 75% of people don't advance from topicals to shots because of reasons like fearing needles. Taubert sees Icotyde appealing to those patients. "We believe having the type of profile that Icotyde has in a simple, once-daily oral pill, we think it's going to be an absolute game changer for patients," Taubert said. J&J hasn't announced how much Icotyde will cost beyond saying the company will help people pay for the medicine. Rival shots Tremfya and Skyrizi cost around $100,000 a year. J&J sees peak annual sales of Icotyde exceeding $5 billion once it's approved for other autoimmune cond...

周三(3月18日)，美联储隔夜逆回购协议(RRP)使用规模为6.98亿美元(交易对手6家)，上个交易日报7.97亿美元。 免责声明： 风险提示：本文内容仅供参考，不代表同花顺观点。同花顺各类信息服务基于人工智能算法，如有出入请以证监会指定上市公司信息披露平台为准。如有投资者据此操作，风险自担，同花顺对此不承担任何责任。

格隆汇3月19日｜美联储在固定利率逆回购操作中总计接纳了6个对手方的6.98亿美元。

文章提及标的 奇富科技 -- 腾讯音乐 -- 大全新能源 -- 希尔威 -- 微博 -- 能源 -- 利弗莫尔中概股龙头指数跌幅扩大至1%，报9428.42点。成分股中，腾讯音乐（TME）跌8.09%，微博（WB）跌7.34%，大全新能源（DQ）跌6.48%，希尔威（SVM）金属矿业跌6%，奇富科技（QFIN）跌5.68%。

Buy These 3 Semiconductor Stocks Now and Thank Yourself in a Decade The Motley Fool

格隆汇3月19日｜俄罗斯外交部：北极已被西方国家的努力转变为地缘政治对抗区。作为最大的北极强国，俄罗斯对此情景毫无兴趣，将继续致力于维护该地区的和平与稳定。

Kemi Badenoch has described Donald Trump’s criticism of Keir Starmer as ‘childish’ and said it ‘sends the wrong signal to our opponents in Iran or in Russia’. Trump repeated his previous attack on the prime minister on Tuesday, saying: ‘Unfortunately Keir is no Winston Churchill.’ Are cracks starting to appear in the US-UK special relationship? Lucy Hough speaks to our senior political correspondent Peter Walker. Continue reading...

格隆汇3月19日｜标普500指数、纳斯达克100指数双双跌至盘中低位，现跌0.8%。

This article first appeared on GuruFocus. Tesla (NASDAQ:TSLA) is facing renewed legal pressure that could keep safety concerns in focus, after a lawsuit was filed by the sole survivor of a 2024 Cybertruck crash in California that killed three college students. The complaint centers on the vehicle's electrically powered doors, which allegedly failed to open after the crash, potentially trapping occupants inside as the vehicle caught fire. The plaintiff was rescued by a bystander who broke a window, while the other passengers died from smoke inhalation, according to the filing in Alameda County Superior Court. The case adds to a growing body of litigation tied to Tesla's door systems, which have been linked to multiple incidents where occupants were unable to exit vehicles following crashes. Prior reporting identified at least 15 deaths over the past decade in situations where Tesla doors could not be opened after impact and fire. The families of two victims from the same Piedmont crash had already filed separate complaints, arguing the company may have been aware of risks tied to its door design but did not take sufficient action. At the same time, regulatory scrutiny is building. The National Highway Traffic Safety Administration has opened a defect investigation into certain Model Y vehicles, citing reports of malfunctioning exterior door handles that may have trapped occupants inside. Tesla has indicated it is working on updates, including redesigned door handles and features where doors automatically unlock after a serious collision. The company has not immediately responded to the latest lawsuit, but the combination of litigation and regulatory review could shape how investors assess potential safety-related risks going forward.

You’ve more than likely had that moment where you’re sitting with a friend, the conversation is flowing, you’re making each other laugh, maybe even saying something surprisingly insightful. Then someone says it: “We should start a podcast.” Most of the time, that idea fades as quickly as it came. Not because it’s necessarily a bad idea, but because actually making a podcast has always been kind of a pain. Between recording setups, editing software, and promotion, many argue that the barrier to entry is higher than expected. That’s the gap a new platform, Rebel Audio, is trying to close. Rebel Audio positions itself as an all-in-one podcasting platform designed for first-time and early-stage creators. The idea is simple: instead of juggling multiple tools, subscriptions, and workflows, Podcasters can create their show, record it, edit it, upload cover artwork, create transcripts, clip content for social, and publish, all without ever leaving the platform. Rebel Audio launched a private beta with a waitlist earlier this month, and it recently secured $3.8 million in an oversubscribed seed round, suggesting that investors see real opportunity in simplifying the podcasting process. An official rollout to the public begins on May 30. Image Credits:Rebel Audio The timing of the launch makes sense. Podcasting is exploding, with the industry projected to reach $114.5 billion by 2030. According to Riverside, more than 584 million people listened to podcasts in 2025, with predictions that this number will rise to 619 million by 2026. Competitors like Spotify for Creators (formerly Spotify for Podcasters) have already adopted a similar all-in-one approach, offering tools like unlimited hosting, video podcast uploads, audience tools, analytics, and monetization through ads and subscriptions. However, Rebel Audio argues that none of these solutions deliver a truly “360-degree” creation suite in the way its platform aims to. Other popular rivals include Riverside, Adobe Audition,...