Sone Capital Management disclosed a sale of 162,022 Paylocity (PCTY +1.19%) shares, with an estimated transaction value of $24.11 million based on quarterly average pricing, per a February 17, 2026, SEC filing. What happened Sone Capital Management reduced its position in Paylocity (PCTY +1.19%) by 162,022 shares during the fourth quarter of 2025, according to an SEC filing dated February 17, 2026...
Sone Capital Management disclosed a sale of 162,022 Paylocity (PCTY +1.19%) shares, with an estimated transaction value of $24.11 million based on quarterly average pricing, per a February 17, 2026, SEC filing. What happened Sone Capital Management reduced its position in Paylocity (PCTY +1.19%) by 162,022 shares during the fourth quarter of 2025, according to an SEC filing dated February 17, 2026. The estimated transaction value was $24.11 million, calculated using the average closing price for the quarter. As a result, the firm held 33,279 shares worth $5.08 million at year-end. The net position change, accounting for both trading and price movements, was a $26.03 million decrease. What else to know This was a sell, leaving Paylocity at 0.41% of Sone Capital’s 13F reportable AUM. Top holdings after the filing: NASDAQ: FOX: $44.97 million (3.6% of AUM) NYSE: UNP: $35.66 million (2.9% of AUM) NYSE: OTIS: $34.56 million (2.8% of AUM) NASDAQ: AMZN: $32.15 million (2.6% of AUM) NYSE: ALLE: $31.57 million (2.6% of AUM) As of Thursday, shares were priced at $112.81, down 43% over the past year and well underperforming the S&P 500, which is instead up about 16% in the same period. Company overview Metric Value Revenue (TTM) $1.68 billion Net Income (TTM) $238.28 million Market Capitalization $5.9 billion Price (as of Thursday) $112.81 Company snapshot Paylocity provides cloud-based human capital management and payroll software solutions, including payroll processing, HR management, talent management, time and attendance, and employee experience tools. The firm serves for-profit and non-profit organizations across sectors such as business services, healthcare, manufacturing, retail, technology, and more in the United States. It leverages a subscription-driven model to ensure predictable revenue and strong client retention. Paylocity is a leading provider of cloud-based payroll and human capital management software, delivering scalable solutions to streamline HR and workfor...
Investing.com -- New Street Research added Nvidia to its “best idea list for 2026” after analyst Pierre Ferragu said the company’s latest order figures imply far stronger long-term revenue potential than investors currently expect. Ferragu cited comments from Nvidia Chief Executive Jensen Huang at this week’s GTC, noting that Huang told attendees: “I see, through 2027, at least $1 trillion.” New S...
Investing.com -- New Street Research added Nvidia to its “best idea list for 2026” after analyst Pierre Ferragu said the company’s latest order figures imply far stronger long-term revenue potential than investors currently expect. Ferragu cited comments from Nvidia Chief Executive Jensen Huang at this week’s GTC, noting that Huang told attendees: “I see, through 2027, at least $1 trillion.” New Street Research said investor reaction that the figure was close to expectations was “misplaced,” arguing that it implies Nvidia “will likely materially beat 2027 expectations.” The firm pointed to Huang’s prior statement at GTC Washington in October 2025, when he stated that Nvidia had “visibility into $0.5 trillion” of cumulative Blackwell and early Rubin demand through 2026. Ferragu wrote that the update this week means “Nvidia added $500bn of orders since October,” and the company is now “on a run rate of more than $1tn per year for orders today.” New Street Research concluded the order trajectory suggests Nvidia could be a $1 trillion run-rate business by the end of 2027. The firm added that this “forces us to add the stock to our best idea list for 2026,” alongside AMD and TSMC. Ferragu added that at such revenue levels, Nvidia could generate more than $20 of earnings per share and that the shares trade at “less than 10x this today.” Related articles Nvidia stock added to New Street Research’s ’2026 best idea list’ As Claude disrupts stock market, Anthropic researcher warns ’world is in peril’ This sector is 'poised for a big, beautiful year': Truist
Goldman Sachs Group Inc. and JPMorgan Chase & Co. are among investment banks offering hedge fund clients ways to bet against the $1.8 trillion private credit market, people with knowledge of the matter said. The firms have assembled baskets of listed companies with exposure to the space, the people said, who requested not to be identified discussing bespoke product offerings. Goldman’s indexes var...
Goldman Sachs Group Inc. and JPMorgan Chase & Co. are among investment banks offering hedge fund clients ways to bet against the $1.8 trillion private credit market, people with knowledge of the matter said. The firms have assembled baskets of listed companies with exposure to the space, the people said, who requested not to be identified discussing bespoke product offerings. Goldman’s indexes vary from one focused on European financial institutions with private credit exposure to a group of business development companies and another alternatives managers more broadly. JPMorgan’s basket meanwhile includes alternatives managers and BDCs, the people said. Clients can also invest in the indices. Bank of America Corp. had a basket of European financial firms with exposure to private credit, including Partners Group Holding AG , Deutsche Bank AG and Axa SA . The Financial Times reported Thursday that the bank had since withdrawn a recommendation that clients bet against European companies potentially exposed to private credit shocks. Representatives for the lenders declined to comment. The private credit market is facing pressure from a wave of investor redemptions, driven in part by concerns that lenders may be too heavily exposed to software companies — a sector undergoing rapid disruption from advances in artificial intelligence. Much of the turbulence is centered in the US, where private credit funds have attracted tens of billions of dollars from retail investors. Firms including BlackRock Inc., Morgan Stanley and Cliffwater have recently imposed limits on withdrawals after redemption requests exceeded allowable thresholds. Pimco president Christian Stracke warned on Wednesday that 20% to 30% exposure to single industries like software is prompting investors to “not wait around to see how bad it gets.” Read More: Pimco Steers Clear of ‘Pretty Bad’ Private Credit Loans on Sale
Qualcomm (QCOM) recently handed investors a massive vote of confidence as the chipmaker’s board approved a $20 billion stock repurchase authorization program. That's in addition to the roughly $2.1 billion remaining from a buyback program announced in November 2024. The new program has no expiration date. The board also raised the quarterly dividend from $0.89 to $0.92 per share, effective for div...
Qualcomm (QCOM) recently handed investors a massive vote of confidence as the chipmaker’s board approved a $20 billion stock repurchase authorization program. That's in addition to the roughly $2.1 billion remaining from a buyback program announced in November 2024. The new program has no expiration date. The board also raised the quarterly dividend from $0.89 to $0.92 per share, effective for dividends payable after March 26. That brings the annualized payout to $3.68 per share, which translates to a yield of 2.8%. Qualcomm Reported Record Revenue in Q1 Before diving into what the buyback signals, it helps to understand where Qualcomm stands right now. In fiscal Q1 2026 (ended in December), Qualcomm posted record total revenues of $12.3 billion and non-GAAP earnings per share of $3.50, the high end of its own guidance. Its chip business, QCT, hit record revenues of $10.6 billion. Automotive revenue hit a record $1.1 billion, up 15% year-over-year (YoY). Qualcomm isn't a one-trick pony anymore. It is armed with diversified revenue streams across verticals such as automotive, industrial internet of things (IoT), wearables, and personal computers, in addition to its core smartphone chips. In the Q1 earnings call, Chief Executive Officer Cristiano Amon explained, "We are creating really a completely different company with relevance in many, many markets." That diversification is the backbone of the bull case, and it's why the $20 billion buyback carries so much weight. What the $20 Billion Buyback Tells Investors When a company buys back its own stock, it's essentially saying, "We think our shares are undervalued." The bigger the authorization, the louder the message. A $20 billion buyback is not a rounding error. For context, Qualcomm returned $3.6 billion to shareholders in just one quarter, which includes $2.6 billion in repurchases and $949 million in dividends. Management is clearly comfortable deploying capital at this pace. "Consistent with our commitment to ret...
Societe Generale SA is mulling a significant risk transfer of some of its exposure to data centers as part of plans to manage the amount of credit the lender has advanced to the rapidly growing asset class. Shifting some of the loan risk to investors would free up capital at the Paris-based lender for new deals over the coming 18 months, according to people with knowledge of the matter, asking not...
Societe Generale SA is mulling a significant risk transfer of some of its exposure to data centers as part of plans to manage the amount of credit the lender has advanced to the rapidly growing asset class. Shifting some of the loan risk to investors would free up capital at the Paris-based lender for new deals over the coming 18 months, according to people with knowledge of the matter, asking not to be identified as the discussions are private. Wall Street and European lenders have been preparing to fund the huge roll out of data centers as demand for computing power for artificial intelligence soars. Hyperscalers including Alphabet Inc. and Meta Platforms Inc. are among those ramping up their AI investments, with spending on data center projects in the US surpassing offices for the first time at the end of last year. Still, some investors are concerned that the pace of technological change could leave the facilities obsolete by the time leases expire with few options for future development given the huge properties are often constructed far from major cities. Banks use SRTs as a way of insuring loans against default, typically obtaining protection for between 5% and 15% of the loan value. That allows them to increase their solvency ratios as well as manage risk limits to industries or borrowers. It also increases their leeway for more profitable lending. One option being assessed by SocGen is an SRT predominantly linked to US data centers, according to one of the people. The size of the loans behind any deal is still being determined and about 10% of the portfolio’s risk would be sold on, the person said. SocGen is one of the biggest underwriters of data center lending linked to hyperscalers in the person said. A spokesperson for the bank declined to comment. Read more: Morgan Stanley Sounds Out Investors on Data Center SRT About $3 trillion of investment is required globally to construct and fit out new data centers by 2030, according to data compiled by real est...
FilippoBacci Wall Street's major averages slid on Thursday as investors assessed more economic data and digested the Federal Reserve's decision to keep interest rates unchanged. The benchmark S&P 500 ( SP500 ) was last -0.5%, while the Nasdaq Composite ( COMP:IND ) was -0.6%, and the blue-chip Dow ( DJI ) was -0.6%. Over in the bond market, the benchmark 10-year Treasury yield ( US10Y ) was 1 basi...
FilippoBacci Wall Street's major averages slid on Thursday as investors assessed more economic data and digested the Federal Reserve's decision to keep interest rates unchanged. The benchmark S&P 500 ( SP500 ) was last -0.5%, while the Nasdaq Composite ( COMP:IND ) was -0.6%, and the blue-chip Dow ( DJI ) was -0.6%. Over in the bond market, the benchmark 10-year Treasury yield ( US10Y ) was 1 basis point lower at 4.26%, while the 2-year Treasury yield ( US2Y ) jumped 4 basis points to 3.82%, after reaching a seven-month high . “Today is the first day I sense a bit of panic in the air,” said Helene Meisler, market technician and equity trader. On Wednesday, the Fed issued its decision to keep interest rates unchanged within a range of 3.5%-3.75%, in line with expectations. Fed Chair Jerome Powell said it is important to keep interest rates mildly restrictive, and the Fed added a new sentence to its guidance stating that the economic implications of the conflict in the Middle East were “uncertain.” “Despite the continued escalation in the Middle East War—particularly the latest attacks on energy infrastructure by both Iran and Israel—quite a few market participants are holding on to the view that the global economy is still in a ‘mean reversion’ paradigm: the view that the genie of energy damage and economic financial disruption can be put quickly back in the lamp,” said Mohamed El-Erian, chief economic adviser at Allianz. “What is in play here is not a narrow ‘transitory’ dynamic when it comes to the disruptive economic and financial effects. We are more in the world of ‘multiple equilibrium,’ with each tipping point fueling this dynamic,” he said. Crude oil futures ( CL1:COM ) were higher at $97.3, while Brent futures ( CO1:COM ) were at $111.1 per barrel. In economic news, the Philly Fed Manufacturing Index unexpectedly rose in March, while the initial jobless claims unexpectedly dropped in the past week. Lastly, new home sales slumped -17.6% MoM in January to 587K...
Looking at the universe of stocks we cover at Dividend Channel , on 3/23/26, Universal Logistics Holdings Inc (Symbol: ULH) will trade ex-dividend, for its quarterly dividend of $0.105, payable on 4/3/26. As a percentage of ULH's recent stock price of $15.90, this dividend works out to approximately 0.66%, so look for shares of Universal Logistics Holdings Inc to trade 0.66% lower — all else being...
Looking at the universe of stocks we cover at Dividend Channel , on 3/23/26, Universal Logistics Holdings Inc (Symbol: ULH) will trade ex-dividend, for its quarterly dividend of $0.105, payable on 4/3/26. As a percentage of ULH's recent stock price of $15.90, this dividend works out to approximately 0.66%, so look for shares of Universal Logistics Holdings Inc to trade 0.66% lower — all else being equal — when ULH shares open for trading on 3/23/26. In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ULH is likely to continue, and whether the current estimated yield of 2.64% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ULH shares, versus its 200 day moving average: Looking at the chart above, ULH's low point in its 52 week range is $12.7803 per share, with $30.76 as the 52 week high point — that compares with a last trade of $16.16. In Thursday trading, Universal Logistics Holdings Inc shares are currently off about 1.9% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » 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 at the universe of stocks we cover at Dividend Channel , on 3/20/26, CBRE Clarion Global Real Estate Income Fund (Symbol: IGR) will trade ex-dividend, for its monthly dividend of $0.06, payable on 3/31/26. As a percentage of IGR's recent stock price of $4.54, this dividend works out to approximately 1.32%, so look for shares of CBRE Clarion Global Real Estate Income Fund to trade 1.32% low...
Looking at the universe of stocks we cover at Dividend Channel , on 3/20/26, CBRE Clarion Global Real Estate Income Fund (Symbol: IGR) will trade ex-dividend, for its monthly dividend of $0.06, payable on 3/31/26. As a percentage of IGR's recent stock price of $4.54, this dividend works out to approximately 1.32%, so look for shares of CBRE Clarion Global Real Estate Income Fund to trade 1.32% lower — all else being equal — when IGR shares open for trading on 3/20/26. In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from IGR is likely to continue, and whether the current estimated yield of 15.86% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of IGR shares, versus its 200 day moving average: Looking at the chart above, IGR's low point in its 52 week range is $4.20 per share, with $5.37 as the 52 week high point — that compares with a last trade of $4.56. CBRE Clarion Global Real Estate Income Fund is in our coverage universe of monthly dividend paying stocks. In Thursday trading, CBRE Clarion Global Real Estate Income Fund shares are currently off about 0.7% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » 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 at the universe of stocks we cover at Dividend Channel , on 3/20/26, Hackett Group Inc (Symbol: HCKT) will trade ex-dividend, for its quarterly dividend of $0.12, payable on 4/3/26. As a percentage of HCKT's recent stock price of $13.21, this dividend works out to approximately 0.91%, so look for shares of Hackett Group Inc to trade 0.91% lower — all else being equal — when HCKT shares ope...
Looking at the universe of stocks we cover at Dividend Channel , on 3/20/26, Hackett Group Inc (Symbol: HCKT) will trade ex-dividend, for its quarterly dividend of $0.12, payable on 4/3/26. As a percentage of HCKT's recent stock price of $13.21, this dividend works out to approximately 0.91%, so look for shares of Hackett Group Inc to trade 0.91% lower — all else being equal — when HCKT shares open for trading on 3/20/26. In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from HCKT is likely to continue, and whether the current estimated yield of 3.63% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of HCKT shares, versus its 200 day moving average: Looking at the chart above, HCKT's low point in its 52 week range is $12.76 per share, with $29.515 as the 52 week high point — that compares with a last trade of $13.26. In Thursday trading, Hackett Group Inc shares are currently down about 0.3% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » 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.
Corn price action is 4 to 5 cents higher so far on Thursday AM trade. Futures closed out the Wednesday session with contracts 7 to 9 cents higher and some deferred contracts 2 to 4 ¾ cents in the green. Open interest rose 18,163 contracts on Wednesday, mainly in July and December. The CmdtyView national average Cash Corn price was up 9 ¼ cents to $4.20. Crude was up $3.61 on the day and $8 off the...
Corn price action is 4 to 5 cents higher so far on Thursday AM trade. Futures closed out the Wednesday session with contracts 7 to 9 cents higher and some deferred contracts 2 to 4 ¾ cents in the green. Open interest rose 18,163 contracts on Wednesday, mainly in July and December. The CmdtyView national average Cash Corn price was up 9 ¼ cents to $4.20. Crude was up $3.61 on the day and $8 off the early session lows. EIA data was out this morning, showing ethanol production at 1.093 million barrels per day in the week ending on 3/13, down 33,000 bpd from the previous week. Stocks data were building on that week, up 827,000 barrels to 26.407 million barrels. That came as exports slipped 14,000 bpd to 174,000 bpd with refiner inputs of ethanol dropping 25,000 bpd to 876,000 bpd. The national regular gasoline price has risen from $2.94 at the end of February to $3.72 for the week of 3/16. Don’t Miss a Day: Export sales data will be released this morning, with traders looking for 0.6-1.8 MMT of old crop corn sales in the week ending on 3/12. New crop business is seen at 0-100,000 MT. An Allendale survey of producers estimates the US corn acreage this year at 93.68 million acres, which would be a 5.12 million acre drop last year. May 26 Corn closed at $4.63 1/4, up 9 1/4 cents, currently up 4 cents Nearby Cash was $4.20 1/1, up 9 1/4 cents, Jul 26 Corn closed at $4.74 1/2, up 9 cents, currently up 4 1/4 cents Dec 26 Corn closed at $4.89 3/4, up 8 cents, currently up 4 1/4 cents New Crop Cash was $4.47 1/2, up 9 1/2 cents, More news from Barchart The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Soybeans are up 1 to 3 cents on Thursday morning. Futures were 1 to 4 cents higher across most contracts on Wednesday. Open interest was down 9,608 contracts on Wednesday. The cmdtyView national average Cash Bean price was 4 1/4 cents lower at $10.21 3/4. Soymeal futures were steady to $3.10 in the red, with Soy Oil futures 7 to 11 points higher. There were 4 deliveries issued against December soy...
Soybeans are up 1 to 3 cents on Thursday morning. Futures were 1 to 4 cents higher across most contracts on Wednesday. Open interest was down 9,608 contracts on Wednesday. The cmdtyView national average Cash Bean price was 4 1/4 cents lower at $10.21 3/4. Soymeal futures were steady to $3.10 in the red, with Soy Oil futures 7 to 11 points higher. There were 4 deliveries issued against December soybean oil on Wednesday. USDA reported private export sales of 136,000 MT of soybeans to China and 119,000 MT to unknown destinations, as well as 212,000 MT to unknown received in the reporting period. Another 120,000 MT of soybean meal was sold to Poland. Don’t Miss a Day: The monthly NASS Fats & Oils report got caught up on Wednesday afternoon, with September soybean crush totaling 204.93 million bushels, up 9.89% from a year ago. October crush was an all-time record for any month at 237 million bushels, a 9.86% increase over last year. Bean oil stocks were tallied at 1.781 billion lbs on October 31, up 11.89% from last year. USDA will release Export Sales data for the week ending on November 13 on Thursday morning. Traders are looking for 0.6-1.4 MMT of soybean sales in that week. Soybean meal sales are seen in a 50,000 to 450,000 MT range, with bean oil sales at 5,000 to 25,000 MT. Commitment of Traders data showed another 15,760 contracts added to the managed money net long position as of November 10 in their second update in as many days on Wednesday. That took their net long position to 194,443 contracts. Soybean production for Brazil was updated to 177.12 MMT according to CONAB, down 0.48 MMT from their November estimate. Sinograin, China’s state stockpiler, sold 397,000 MT of imported beans in an auction on Thursday. Jan 26 Soybeans closed at $10.91 1/4, up 4 cents, currently up 2 3/4 cents Nearby Cash was $10.21 3/4, up 4 1/4 cents, Mar 26 Soybeans closed at $11.01, up 2 3/4 cents, currently up 1 1/2 cents May 26 Soybeans closed at $11.10 1/2, up 1 3/4 cents, curren...
Looking at the universe of stocks we cover at Dividend Channel , on 3/23/26, G-III Apparel Group Ltd. (Symbol: GIII) will trade ex-dividend, for its quarterly dividend of $0.10, payable on 3/30/26. As a percentage of GIII's recent stock price of $26.29, this dividend works out to approximately 0.38%. In general, dividends are not always predictable; but looking at the history above can help in jud...
Looking at the universe of stocks we cover at Dividend Channel , on 3/23/26, G-III Apparel Group Ltd. (Symbol: GIII) will trade ex-dividend, for its quarterly dividend of $0.10, payable on 3/30/26. As a percentage of GIII's recent stock price of $26.29, this dividend works out to approximately 0.38%. In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from GIII is likely to continue, and whether the current estimated yield of 1.52% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of GIII shares, versus its 200 day moving average: Looking at the chart above, GIII's low point in its 52 week range is $20.33 per share, with $34.83 as the 52 week high point — that compares with a last trade of $26.26. According to the ETF Finder at ETF Channel, GIII makes up 1.44% of the Tweedy Browne Insider + Value ETF (Symbol: COPY) which is trading lower by about 0.8% on the day Thursday. (see other ETFs holding GIII). In Thursday trading, G-III Apparel Group Ltd. shares are currently up about 0.9% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » 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 at the universe of stocks we cover at Dividend Channel , on 3/20/26, Motorola Solutions Inc (Symbol: MSI) will trade ex-dividend, for its quarterly dividend of $1.21, payable on 4/15/26. As a percentage of MSI's recent stock price of $465.32, this dividend works out to approximately 0.26%. In general, dividends are not always predictable; but looking at the history above can help in judgin...
Looking at the universe of stocks we cover at Dividend Channel , on 3/20/26, Motorola Solutions Inc (Symbol: MSI) will trade ex-dividend, for its quarterly dividend of $1.21, payable on 4/15/26. As a percentage of MSI's recent stock price of $465.32, this dividend works out to approximately 0.26%. In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from MSI is likely to continue, and whether the current estimated yield of 1.04% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of MSI shares, versus its 200 day moving average: Looking at the chart above, MSI's low point in its 52 week range is $359.36 per share, with $492.22 as the 52 week high point — that compares with a last trade of $461.41. According to the ETF Finder at ETF Channel, MSI makes up 7.54% of the AGF U.S. Market Neutral Anti-Beta Fund ETF (Symbol: BTAL) which is trading up by about 1.2% on the day Thursday. (see other ETFs holding MSI). In Thursday trading, Motorola Solutions Inc shares are currently down about 0.4% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » 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 early trading on Friday, shares of Salesforce topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.1%. Year to date, Salesforce has lost about 12.0% of its value. And the worst performing Dow component thus far on the day is Caterpillar, trading down 2.3%. Caterpillar is showing a gain of 7.8% looking at the year to date performance. Two other compo...
In early trading on Friday, shares of Salesforce topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.1%. Year to date, Salesforce has lost about 12.0% of its value. And the worst performing Dow component thus far on the day is Caterpillar, trading down 2.3%. Caterpillar is showing a gain of 7.8% looking at the year to date performance. Two other components making moves today are Travelers Companies, trading down 1.3%, and Nike, trading up 0.4% on the day. VIDEO: Dow Movers: CAT, CRM The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Shayne Coplan, chief executive officer of Polymarket, on the floor of the New York Stock Exchange (NYSE) in New York, US, on Thursday, Nov. 13, 2025. Michael Nagle | Bloomberg | Getty Images Major League Baseball on Thursday announced it was naming Polymarket its official prediction market partner. The association also signed a memorandum of understanding with Commodity Futures Trading Commission ...
Shayne Coplan, chief executive officer of Polymarket, on the floor of the New York Stock Exchange (NYSE) in New York, US, on Thursday, Nov. 13, 2025. Michael Nagle | Bloomberg | Getty Images Major League Baseball on Thursday announced it was naming Polymarket its official prediction market partner. The association also signed a memorandum of understanding with Commodity Futures Trading Commission Chairman Michael Selig. According to the announcement, Polymarket and its brokers will gain exclusive access to MLB logos and official data and receive "brand exposure" across league events. The MLB said the agreement will include a "comprehensive integrity framework." "Polymarket is about bringing fans closer to the moments that define sports," Polymarket CEO Shayne Coplan said in a statement. "By working collaboratively with Major League Baseball and regulators, we can create new ways for fans to engage with the game while protecting the integrity of the sport." Under the agreement with Selig, the MLB said it established a "clear intent" to share information with the CFTC related to prediction markets. While Polymarket will have exclusive rights, the MLB said it will retain relationships with other prediction market exchanges that offer baseball contracts. Polymarket and MLB also said they would work together to "restrict markets that present an integrity risk to MLB, such as individual pitches, manager decisions, and umpire performance, among others," adding that Polymarket would restrict event contracts that pose an "integrity risk" to the game. The agreement comes as concerns about betting and sports have grown. Last year, two Cleveland Guardians pitchers were indicted on charges that they took bribes from sports bettors as part of a scheme to rig bets on pitches thrown during MLB games. "Protecting the integrity of the game on the field is our top priority," MLB Commissioner Robert Manfred said. "By engaging in this community, we are able to work together to create cl...
Getty Images Semiconductor and high bandwidth memory (“HBM”) specialist Micron Technology, Inc. ( MU ), published better-than-expected earnings and revenue for the second fiscal quarter, which were boosted by unprecedented demand for the company’s memory and storage products. The Data Center market, which is in hot pursuit of graphics processing units as well as high bandwidth memory, is booming a...
Getty Images Semiconductor and high bandwidth memory (“HBM”) specialist Micron Technology, Inc. ( MU ), published better-than-expected earnings and revenue for the second fiscal quarter, which were boosted by unprecedented demand for the company’s memory and storage products. The Data Center market, which is in hot pursuit of graphics processing units as well as high bandwidth memory, is booming and has led Micron to report a near-tripling of its revenues in the second fiscal quarter. The demand backdrop for both DRAM and NAND is very strong, which underpins a robust outlook for Micron for the third fiscal quarter as well. I like Micron here as a secular chip play, especially given the massive profit explosion in its core business, and believe investors should buy the drop following the Q2 '26 earnings report . Data by YCharts Previous rating I rated shares of Micron a Strong Buy— A Lever On AI Growth —in my last coverage in December. Since then, shares have skyrocketed 86%, and they still have more upside potential, in my opinion. Because of the continual expansion of the total addressable market for high-bandwidth memory products, the firm's earnings and margin situation have greatly improved lately. In the second fiscal quarter, Micron generated significant top-line growth and achieved a material growth acceleration vs. the previous quarter. Micron is a major beneficiary of the growth explosion in the Data Center industry, and with strong industry fundamentals prevailing, I continue to see the chip play as a strong buy. Soaring HBM demand leads to a profit explosion Micron reported better-than-expected results on the bottom and the top lines for its second fiscal quarter on Wednesday: the semiconductor company reported non-GAAP earnings of $12.20 per share, beating the consensus by a solid $3.23 per share. Revenues, due to an AI-driven growth acceleration in the Data Center segment, came in at $23.9B, beating the average prediction by $4.4B. Seeking Alpha Micron ...
Shares of Lucid are off more than 98% from their 2021 all-time highs. Citi thinks it's time to buy the stock. The bank initiated coverage on the electric vehicle manufacturer with a buy rating and a $17 price target, representing a nearly 71% gain from Wednesday's close. It's only the second firm to have a buy rating on the company, according to FactSet. Analyst Michael Ward wrote that the company...
Shares of Lucid are off more than 98% from their 2021 all-time highs. Citi thinks it's time to buy the stock. The bank initiated coverage on the electric vehicle manufacturer with a buy rating and a $17 price target, representing a nearly 71% gain from Wednesday's close. It's only the second firm to have a buy rating on the company, according to FactSet. Analyst Michael Ward wrote that the company is at a "positive inflection point." Just last week, Lucid shared plans for a robotaxi and said it would be cash flow positive late this decade. Ward thinks revenue in 2026 will jump to $2.4 billion, driven by higher production of the company's Gravity model vehicle. That growth will continue in the coming years thanks to its new Cosmos model and partnerships like that with Uber to help launch an autonomous vehicle robotaxi service, he said. LCID 5Y mountain LCID 5-year chart. "Gravity acceleration, Cosmos ramp, the partnership with PIF [Saudi Arabia's Public Investment Fund] and the ability to leverage the Uber brand provide compelling support to get LCID through the acceleration phase, additional funding, and a path towards breakeven," he wrote. Ward added the Cosmos model's pricing, which is at a lower cost, could help the company build a larger presence in the electric vehicle market. But Citi also labeled the stock as "high risk." Ward wrote that stems from three key issues: the company's high debt levels, its negative operating cash flow and the need for more funding to execute its growth plans. "The auto sector is capital intensive, labor intensive, cyclical, low growth, competitive, and highly regulated," he wrote. "The company will take on added risk in a maturing demand or an increased service environment and will need to find solutions to meet customer needs."