Tesla Inc (NASDAQ:TSLA) CEO Elon Musk on Thursday shared an update on the company’s semiconductor plans, indicating that the firm may “tape out” its next-generation AI6 chip by December 2026. In chip manufacturing, tape-out marks the finalization of a design before production at a foundry....
Tesla Inc (NASDAQ:TSLA) CEO Elon Musk on Thursday shared an update on the company’s semiconductor plans, indicating that the firm may “tape out” its next-generation AI6 chip by December 2026. In chip manufacturing, tape-out marks the finalization of a design before production at a foundry....
It's March Madness and Alex Rodriguez and Jason Kelly sat down with David Levy, the man who made it possible to watch the NCAA tournament on national TV. You can listen to the full episode wherever you get your podcasts (Source: Bloomberg)
It's March Madness and Alex Rodriguez and Jason Kelly sat down with David Levy, the man who made it possible to watch the NCAA tournament on national TV. You can listen to the full episode wherever you get your podcasts (Source: Bloomberg)
What happened According to a February 17, 2026, SEC filing, Adams Wealth Management sold 51,678 shares of BlackRock ETF Trust II - iShares AAA CLO Active ETF (CLOA +0.02%) during the fourth quarter of 2025. The estimated value of the transaction was $2.68 million, calculated using the average closing price for the quarter. The fund’s quarter-end position in CLOA was valued at $10.00 million, refle...
What happened According to a February 17, 2026, SEC filing, Adams Wealth Management sold 51,678 shares of BlackRock ETF Trust II - iShares AAA CLO Active ETF (CLOA +0.02%) during the fourth quarter of 2025. The estimated value of the transaction was $2.68 million, calculated using the average closing price for the quarter. The fund’s quarter-end position in CLOA was valued at $10.00 million, reflecting a total decrease in position value of $2.73 million, which includes both share sales and price changes. What else to know This sale reduced the CLOA stake from 2.7% to 2.1% of Adams Wealth Management’s 13F reportable assets as of December 31, 2025. Top holdings after the filing: NYSEMKT: SCHX: $56,921,745 (12.1% of AUM) NYSEMKT: IVV: $28,255,733 (6.0% of AUM) NYSEMKT: EWY: $15,891,387 (3.4% of AUM) NYSEMKT: EUAD: $15,107,270 (3.2% of AUM) NASDAQ: GRID: $14,578,674 (3.1% of AUM) As of February 18, 2026, CLOA was priced at $51.89 per share, up 5.4% over the past year, but underperforming the S&P 500 by 6.9 percentage points. ETF overview Metric Value AUM 1.58 billion Price (as of market close 2/18/26) $51.89 Dividend yield 5.27% 1-year total return 5.4% ETF snapshot The iShares AAA CLO Active ETF offers institutional and individual investors targeted access to the AAA-rated segment of the CLO market, combining active management with rigorous credit selection. The fund is structured as a non-diversified ETF, offering investors exposure to investment-grade CLOs with a competitive annualized yield and a transparent, exchange-listed vehicle. The fund actively manages a portfolio of U.S. dollar-denominated collateralized loan obligations (CLOs) rated AAA or equivalent, seeking to provide a high level of current income while preserving capital. Its strategy emphasizes capital preservation and income generation through investment in high-quality structured credit instruments. The fund's competitive yield profile and focus on top-tier CLO tranches position it as a differentiate...
Meta is reversing its plans to shut down its VR metaverse - sort of. On Monday, the company announced that it would be shutting down the VR version of its 3D social platform Horizon Worlds on June 15th in favor of a new focus on the mobile version of the app . But in a Wednesday AMA on his Instagram, Meta CTO Andrew Bosworth said the company has decided that existing VR worlds would remain availab...
Meta is reversing its plans to shut down its VR metaverse - sort of. On Monday, the company announced that it would be shutting down the VR version of its 3D social platform Horizon Worlds on June 15th in favor of a new focus on the mobile version of the app . But in a Wednesday AMA on his Instagram, Meta CTO Andrew Bosworth said the company has decided that existing VR worlds would remain available and that the Horizon Worlds VR app will be available to download "for the foreseeable future." Meta is keeping VR Horizon Worlds experiences around as a way to support "the fans who reached out, like yourself, who really care about that," Boswor … Read the full story at The Verge.
Key Points Lululemon beat fourth-quarter estimates, but came up short with its guidance. The stock now trades at a forward P/E of 14. The company is refreshing its board, adding former Levi's CEO Chip Bergh. 10 stocks we like better than Lululemon Athletica Inc. › In the span of two years, Lululemon Athletica (NASDAQ: LULU) has gone from being a top performer in the apparel sector to one of the wo...
Key Points Lululemon beat fourth-quarter estimates, but came up short with its guidance. The stock now trades at a forward P/E of 14. The company is refreshing its board, adding former Levi's CEO Chip Bergh. 10 stocks we like better than Lululemon Athletica Inc. › In the span of two years, Lululemon Athletica (NASDAQ: LULU) has gone from being a top performer in the apparel sector to one of the worst. The stock is now down 68% from its peak at the end of 2023 as its growth has slowed dramatically. There's no single factor that is responsible for that pullback, but rather, there have been a number of causes. The company is facing increasing competition as the athleisure market appears to be getting commoditized. By its own admission, it hasn't done enough to keep its styles fresh. Discretionary spending has been weak in the U.S. due to a slugglish labor market and stubborn inflation, and Lululemon has been hammered by tariffs, especially the removal of the de minimis exemption, which forced it to rearrange its distribution network to fulfill e-commerce orders in the U.S. Those issues led to the departure of former CEO Calvin McDonald, and the company is still in the process of finding a permanent CEO. Founder Chip Wilson is also waging a proxy battle, signaling his frustration with management, and, to his delight, Lululemon named former Levi's CEO Chip Bergh to its board yesterday as well. 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 » Despite those challenges, the stock looks like it may have just bottomed out. On Tuesday night, Lululemon reported fourth-quarter earnings that edged past analyst expectations, but its 2026 guidance was disappointing. The stock was actually down after hours on the report, but then jumped during the regular trading session, and closed up 3.8% on Wednesday, a sign tha...
The US Securities and Exchange Commission is creating a new enforcement team to target “bad actors” in the auditing profession after the agency cut the budget of the independent board that traditionally polices those responsible for vetting company financial statements. In a federal jobs posting , the SEC’s enforcement division said it is seeking applications for a senior attorney and manager in i...
The US Securities and Exchange Commission is creating a new enforcement team to target “bad actors” in the auditing profession after the agency cut the budget of the independent board that traditionally polices those responsible for vetting company financial statements. In a federal jobs posting , the SEC’s enforcement division said it is seeking applications for a senior attorney and manager in its new “SOX Group” — a reference to the landmark Sarbanes-Oxley Act passed after the collapse of Enron Corp. The new unit will investigate and litigate matters involving potential violations of Sarbanes-Oxley auditing standards and provisions, according to the posting. The 2002 law overhauled the audit profession and created the Public Company Accounting Oversight Board , the independent agency that regulates and scrutinizes the work of firms and individuals that vet company financial statements. “Auditors serve as critical gatekeepers in our capital markets — enhancing the integrity of financial reporting and helping to protect investors from fraud,” the SEC said in a statement. “Additional hires in the enforcement division will continue the commission’s longstanding efforts to crack down on bad actors in the profession.” An SEC spokesperson didn’t immediately respond to follow-up questions about the group, including whether the agency planned to move more auditor enforcement out of the PCAOB and into the SEC. A spokesperson for the PCAOB declined to comment. Congress created the PCAOB to restore investor confidence in corporate accounting after wide scale fraud that overstated earnings at Enron and WorldCom Inc. led to the collapse of both companies and billions of dollars in losses for investors. The board has been a bit of a political football over the years, with Republican lawmakers attempting last year to dismantle it and fold oversight into the SEC. Paul Atkins , the SEC chairman, has referred to the board as the “Peekaboo” and decried its board members’ high salari...
伊朗局勢｜據報美軍F-35戰機疑被伊朗炮火擊中 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】據報美軍一架F-35戰機懷疑被伊朗炮火擊中。 美國有線新聞網絡引述消息，戰機被擊中後在中東一個美軍基地緊急降落。美軍中...
伊朗局勢｜據報美軍F-35戰機疑被伊朗炮火擊中 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】據報美軍一架F-35戰機懷疑被伊朗炮火擊中。 美國有線新聞網絡引述消息，戰機被擊中後在中東一個美軍基地緊急降落。美軍中央司令部發言人稱這架隱形戰機當時在伊朗上空執行作戰任務，被迫緊急降落，已安全著陸，機師情況穩定。F-35戰機造價逾一億美元，若屬實將是美國上月底攻打伊朗後首次有美軍戰機被伊朗擊中。 伊朗革命衛隊宣稱利用防空系統在伊朗中部上空擊中美軍一架F-35戰機，又指戰機嚴重受損。
EschCollection As the Federal Reserve proposed three new capital rules for banks aimed at making the regulatory regime more efficient and keeping U.S. banks competitive, investors may be looking at top-rated banking stocks using Seeking Alpha’s Quant metrics. Leaders in the screen include StoneX Group Inc. ( SNEX ), Galaxy Digital Inc. ( GLXY ), and The PNC Financial Services Group, Inc. ( PNC ). ...
EschCollection As the Federal Reserve proposed three new capital rules for banks aimed at making the regulatory regime more efficient and keeping U.S. banks competitive, investors may be looking at top-rated banking stocks using Seeking Alpha’s Quant metrics. Leaders in the screen include StoneX Group Inc. ( SNEX ), Galaxy Digital Inc. ( GLXY ), and The PNC Financial Services Group, Inc. ( PNC ). The following list identifies “Strong Buy” and “Buy” opportunities within the financial sector. The screener captures stocks across various banking subsectors, including regional banks, diversified banks, investment banking and brokerage, and asset management and custody banks. The Federal Reserve, working with the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp., introduced three proposals on Thursday. Two apply to the nation’s largest banks—the Basel III framework and the Global Systemically Important Bank (G-SIB) surcharge—which “streamline the risk-based capital framework using a single set of calculations, improve alignment between requirements and risk, and revise the G-SIB surcharge to better capture the risks of our largest and most complex banks,” according to Vice Chair for Supervision Michelle Bowman. The third proposal updates capital requirements for smaller and less complex banks to better align requirements with risks of traditional lending. Despite the regulatory clarity, the market’s immediate reaction was muted. The KBW Nasdaq Bank Index ( BKX ) slipped 0.5% on midday Thursday, with most megabanks trading in the red. Here are the top-rated bank stocks by Quant: StoneX Group Inc. ( SNEX ) – SA Quant rating: 4.91, YTD performance: 9.84% Galaxy Digital Inc. ( GLXY ) – SA Quant rating: 4.77, YTD performance: -3.49% The PNC Financial Services Group, Inc. ( PNC ) – SA Quant rating: 4.70, YTD performance: -3.62% State Street Corporation ( STT ) – SA Quant rating: 4.63, YTD performance: -6.14% Popular, Inc. ( BPOP ) – SA Quant rati...
Earnings Call Insights: Accelerant Holdings (ARX) Q4 2025 Management View Jeffrey Radke, Co-Founder, CEO & Director, stated that "We had a fantastic quarter, beating our expectations on exchange written premium, third-party premium and adjusted EBITDA. All of these figures were in line with our pre-released results." He highlighted Accelerant’s growing AI-driven architecture, emphasizing, "AI is t...
Earnings Call Insights: Accelerant Holdings (ARX) Q4 2025 Management View Jeffrey Radke, Co-Founder, CEO & Director, stated that "We had a fantastic quarter, beating our expectations on exchange written premium, third-party premium and adjusted EBITDA. All of these figures were in line with our pre-released results." He highlighted Accelerant’s growing AI-driven architecture, emphasizing, "AI is the architecture of our business. It is embedded in how we operate and how we win." Radke detailed three structural advantages: proprietary usable data, algorithm-supported underwriting, and technologically adaptive distribution through MGAs. Radke described the proprietary data set as the company's core moat, noting, "We have assembled 134 million rows of specialty insurance data across 58,000 unique attributes. All of it is proprietary." He emphasized the value of a closed feedback loop for underwriting and claims, which is rare in the industry. The company continues to advance automation with AI, with Radke stating, "Underwriting is becoming increasingly autonomous. We've been building towards that shift for years." Radke shared that exchange written premium reached $1.1 billion for the quarter, with 15 new member additions, totaling 280 by year-end 2025. Net revenue retention was 126%. Gross loss ratio for Q4 was 51%. Third-party direct written premium increased to 40% of exchange written premium. Radke announced key management changes, welcoming Cliff Jenks as incoming General Counsel and Ray Iardella as the new Head of Investor Relations. He also announced CFO Jay Green's departure and Linda Huber's appointment as CFO effective March 31. Jay Green, Chief Financial Officer, reported, "That resulted in revenue of $248 million, which grew 30% year-over-year." Green highlighted, "Adjusted EBITDA was $71 million, growing 52% year-over-year. Adjusted EBITDA margin rose to 28%, up from 24% last year." He noted more than $2 million in nonrecurring investment gains and a contin...
Earnings Call Insights: Duluth Holdings Inc. (DLTH) Q4 2025 Management View Stephanie Pugliese, President and CEO, highlighted "the third straight quarter of enhanced gross margin, lower costs, reduced inventory and improved profitability," and credited the business reset for this progress. She reported adjusted EBITDA for the full year rose more than $10 million to $24.9 million and free cash flo...
Earnings Call Insights: Duluth Holdings Inc. (DLTH) Q4 2025 Management View Stephanie Pugliese, President and CEO, highlighted "the third straight quarter of enhanced gross margin, lower costs, reduced inventory and improved profitability," and credited the business reset for this progress. She reported adjusted EBITDA for the full year rose more than $10 million to $24.9 million and free cash flow of almost $17 million, a $42 million improvement over the previous year. Pugliese stated, "Our SG&A decreased by $5 million in the fourth quarter. We also ended the year with inventory down $35 million or 21% versus last year." She emphasized improved customer experience, operational efficiency, and a disciplined promotional strategy, noting, "Throughout the peak season, we stayed the course on our more disciplined promotional strategy, offering 30% off discounts coupled with select Dam Busters versus last year's 50% off across the board." Retail net sales grew 4.7% to $71.6 million in Q4, aided by two new store openings and higher average order values. The company also consolidated fulfillment operations into its Adairsville center, now handling 69% of inventory, and closed Salt Lake City and Dubuque facilities as part of long-term logistics streamlining. Pugliese shared, "We have confidence that we will see the results of these efforts with improved sales trends and profitability in the second half of the year." Interim CFO Heena Agrawal said, "We successfully achieved the goals we set at the beginning of the year, fixing our promotional strategy, restoring price integrity, improving cash and inventory management and strengthening operations." Agrawal reported, "We ended the year in a strong liquidity position of over $141 million as we reduced inventory by 21.1% and had 0 debt on our asset-based lending facility." Outlook Duluth projects full-year 2026 net sales of $540 million to $560 million, with adjusted EBITDA in the range of $26 million to $30 million and capital...
Earnings Call Insights: Chicago Atlantic BDC, Inc. (LIEN) Q4 2025 Management View CEO Peter Sack highlighted Chicago Atlantic BDC's ongoing differentiation in the BDC space, primarily through direct loans to privately held companies in niche markets, including a significant focus on the U.S. cannabis industry. Sack stated, "Net investment income for the fourth quarter of 2025 was $0.36 per share a...
Earnings Call Insights: Chicago Atlantic BDC, Inc. (LIEN) Q4 2025 Management View CEO Peter Sack highlighted Chicago Atlantic BDC's ongoing differentiation in the BDC space, primarily through direct loans to privately held companies in niche markets, including a significant focus on the U.S. cannabis industry. Sack stated, "Net investment income for the fourth quarter of 2025 was $0.36 per share and $1.45 for the full year, demonstrating the potential of the business model to generate a yield to book value of 2.7% for the fourth quarter and 11% for the year." The company funded $31.7 million across 7 new investments, including 4 new borrowers, expanding its credit facility utilization and maintaining low leverage with $25 million of debt and a 0.08x debt-to-equity ratio at quarter end. Sack emphasized, "Our weighted average yield on debt investments as of December 31, 2025, was 15.8% compared to 10.8% for the average public BDC." He also noted 99.5% portfolio senior secured positioning and highlighted protection against interest rate declines, with 73% of the portfolio at par either fixed rate or floating at floor. A $0.34 dividend was announced for the sixth consecutive quarter, with total dividends for the year at $1.36 per share. The company cited recent M&A in the cannabis industry as a driver of further pipeline growth for 2026. Sack pointed to positive momentum in federal cannabis policy, specifically the December 2025 move toward potential rescheduling from Schedule I to Schedule III, potentially increasing borrowers' after-tax cash flow and driving more M&A and capital expenditures. Interim CFO Thomas Geoffroy reported, "Gross investment income totaling $14.2 million compared to $15.1 million for the third quarter." Net expenses were $5.9 million, and net investment income for the quarter was $8.3 million or $0.36 per share. Net asset value per share was $13.30 at quarter end. President Bernardino Colonna detailed, "We funded $31.7 million in new debt invest...
Shares of Devon Energy ( DVN ) rose 3.32% to $49.76, in the afternoon trade on Thursday, adding to a six session rally. The stock has gained around 6.2% between March 11 and March 18, compared to a 2.23% decline in the S&P 500 during the same period. Energy stocks broadly gained during the week as oil prices climbed toward $100 per barrel amid escalating Middle East tensions and supply disruption ...
Shares of Devon Energy ( DVN ) rose 3.32% to $49.76, in the afternoon trade on Thursday, adding to a six session rally. The stock has gained around 6.2% between March 11 and March 18, compared to a 2.23% decline in the S&P 500 during the same period. Energy stocks broadly gained during the week as oil prices climbed toward $100 per barrel amid escalating Middle East tensions and supply disruption risks. The strength came even as broader markets weakened on rising yields and inflation concerns, prompting a rotation into energy and other commodity-linked sectors. According to Seeking Alpha’s Quant Rating system, DVN is rated a Hold, with a score of 3.34 out of 5, receiving an A for profitability and valuation, but a D in terms of growth. A recent Seeking Alpha analysis said , Devon has rallied alongside the recent surge in crude prices driven by geopolitical tensions, while still trading at an attractive valuation. The analyst noted that “Devon Energy rallied the last couple of months as oil prices have risen,” and adding that “Devon Energy isn't likely to see a huge boost from higher oil prices,” even as the company continues to generate strong cash flow and advance its merger with Coterra Energy. While on Wall Street , 20 out of 26 analysts rate the stock a buy or higher, and six recommend a hold. Shares have gained around 11.3% in the past month and have surged approximately 35% year-to-date. More on Mizuho Financial Group: From Value Play To Normalized Bank Bragg Gaming Group Inc. 2025 Q4 - Results - Earnings Call Presentation Bragg Gaming Group Inc. (BRAG:CA) Q4 2025 Earnings Call Transcript Solo Brands outlines further cost cuts and product innovation for 2026 following $9.6M Q4 adjusted EBITDA turnaround Fannie Mae, Freddie Mac hit 52-week low as investors reportedly doubt IPO plans
SolStock/E+ via Getty Images The Kraft Heinz Company ( KHC ) has had a terrible year being down 24% (including dividends) while the broader consumer staples industry was mildly up at 6.5%. Despite a large drawdown for a defensive company, we remain very cautious regarding its future prospects. We believe the company and the packaged foods industry in general will continue to face significant headw...
SolStock/E+ via Getty Images The Kraft Heinz Company ( KHC ) has had a terrible year being down 24% (including dividends) while the broader consumer staples industry was mildly up at 6.5%. Despite a large drawdown for a defensive company, we remain very cautious regarding its future prospects. We believe the company and the packaged foods industry in general will continue to face significant headwinds. Data by YCharts Structural decline of package foods industry Once prized for their defensiveness and steady dividend growth, packaged food stocks have gradually lost their luster since the "Nifty Fifty" consumer staples era. Today, we believe the underperformance of KHC and packaged food broadly boils down to several structural and cyclical forces. Private label "supercycle": U.S. private label sales reached $283B in 2025, outpacing national brand's 1.2% Y/Y growth with a 3.3% Y/Y figure, according to data compiled by the Private Label Manufacturers Association. Households that earn over $100K are leaning increasingly towards store brands, and 71% of U.S. shoppers now believe private label quality is at least as good as national brands. Retailers like Costco ( COST ) and Walmart ( WMT ) are expanding their private label strategies with success. KHC faced volume erosion: Across nearly every category, which includes cold cuts, condiments, frozen meals, and coffee, KHC saw declines in organic net sales of -2.5%/-4.2% Y/Y in 3Q25/4Q25, while reducing its full-year outlook many times. It has guided organic net sales to decline -1.5% to -3.5% Y/Y on $24.9B in FY25 sales, and adjusted EPS to drift lower to $1.98 to $2.10, compared to $2.60 reported in FY25. Brand value impairment: The company took a $9.3B in non-cash impairment charge in late 2025 due to falling brand equity. This was based on the difference between current fair value assessment and the value estimated for the original merger led by 3G Capital/Berkshire in 2015, which promised to unlock aggressive cost-cutti...
monsitj/iStock via Getty Images Mining company shares plunged Thursday as precious metals joined a broad market selloff, with gold and silver down by a respective 6% and 9%, driven by rising inflation expectations and fading hopes of global interest rate cuts. Investor fears over inflation have grown recently as energy prices jump from the Middle East war, and Wall Street has been lowering expecta...
monsitj/iStock via Getty Images Mining company shares plunged Thursday as precious metals joined a broad market selloff, with gold and silver down by a respective 6% and 9%, driven by rising inflation expectations and fading hopes of global interest rate cuts. Investor fears over inflation have grown recently as energy prices jump from the Middle East war, and Wall Street has been lowering expectations for rate cuts; at his news conference on Wednesday, Federal Reserve Chair Powell discussed how little room officials might have to ease. Newmont ( NEM ) leads the day's decliners on the S&P 500, down 8.4%, while among many other losers: Agnico Eagle Mines ( AEM ) down 6.8%, Barrick Mining ( B ) down 6.4%, Kinross Gold ( KGC ) down 6%, Hecla Mining ( HL ) down 6.1%, Anglogold Ashanti ( AU ) down 8.2%, Pan American Silver ( PAAS ) down 7.4%, First Majestic Silver ( AG ) down 7.6%, Coeur Mining ( CDE ) down 6.3%, Alamos Gold ( AGI ) down 6.3%, Iamgold ( IAG ) down 7.2%, Gold Fields ( GFI ) down 5.3%, New Gold ( NGD ) down 5.7%. Front-month Comex gold ( XAUUSD:CUR ) for March delivery traded down 5.9% to $4,607.20/oz, and front-month Comex March silver ( XAGUSD:CUR ) was down 8.8% to $70.77/oz. "I nvestor attention is on margins and the potential double whammy of lower gold prices and higher energy/consumable costs," Jefferies analyst Christopher Lafemina said in a note. "In a prolonged conflict scenario, it's possible to see more pressure on gold from higher rate expectations and a stronger U.S. dollar." ETFs: ( GLD ), ( GDX ), ( GDXJ ), ( IAU ), ( NUGT ), ( PHYS ), ( GLDM ), ( AAAU ), ( SGOL ), ( RING ), ( BAR ), ( OUNZ ), ( SLV ), ( PSLV ), ( SIVR ), ( SIL ), ( SILJ ) More on Newmont Newmont: Bigger Is Not Always Better Newmont Is A 'Show Me' Story For The Rest Of 2026 Newmont: Gold Is Too Hot To Handle - Mixed Return Prospects
New Street Research analyst Pierre Ferragu added Nvidia Corp (NASDAQ:NVDA) to the firm’s best ideas list for 2026 on Thursday, arguing the stock could double from current levels by 2027. He projects more than $20 in earnings per share and rates the stock a Buy with a $275 price target, implying roughly 53% upside from Thursday’s price around $180. Twelve Notes In Two Days The call arrives amid a f...
New Street Research analyst Pierre Ferragu added Nvidia Corp (NASDAQ:NVDA) to the firm’s best ideas list for 2026 on Thursday, arguing the stock could double from current levels by 2027. He projects more than $20 in earnings per share and rates the stock a Buy with a $275 price target, implying roughly 53% upside from Thursday’s price around $180. Twelve Notes In Two Days The call arrives amid a flood of analyst activity tied to Nvidia’s annual GTC developer conference in San Jose this week. Rosenblatt’s Kevin Cassidy raised his target from $300 to $325, now the highest on the Street. Raymond James bumped to $323 from $291 while maintaining a Strong Buy. Both cited the $1 trillion GPU revenue outlook through 2027. Bernstein’s Stacy Rasgon recently called Nvidia the cheapest it has ever been relative to the broader chip sector. The stock trades at roughly 17x forward earnings, below the S&P 500 average, despite 93% of covering analysts maintaining Buy What Prediction Markets Say The platform’s AI Bubble Burst contract sits at 20% for a downturn by year-end, requiring triggers like Nvidia falling 50% from its all-time high. One trigger condition is essentially a bet against the exact thesis Ferragu is laying out. The Bear Case The multiple may be low for a reason. NVDA has traded sideways since its October all-time high of $212, settling into a $175-to-$197 range, even as the company posted record quarterly revenue of $68.13 billion in fiscal Q4. The market appears to be pricing in deceleration risk, not ignoring value. Ferragu sees 17x forward earnings as a gift. Some bears argue the discount could prove justified if inference revenue growth slows and hyperscaler capex cycles begin to normalize. NVDA was trading around $178 today. Image: Shutterstock
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There’s even more screaming, running, swearing and exploding rich people in a follow-up to the 2019 sleeper hit that expands mythology we didn’t need expanded To give 2019’s grating comedy horror Ready or Not some reluctant credit, it did arrive before Trump-era eat-the-rich became an entire, increasingly exhausting subgenre in itself. The film, about a woman finding out her new husband’s wealthy ...
There’s even more screaming, running, swearing and exploding rich people in a follow-up to the 2019 sleeper hit that expands mythology we didn’t need expanded To give 2019’s grating comedy horror Ready or Not some reluctant credit, it did arrive before Trump-era eat-the-rich became an entire, increasingly exhausting subgenre in itself. The film, about a woman finding out her new husband’s wealthy family are game-playing devil-worshippers, was clearly indebted to/inspired by Get Out, but it landed before The Menu, Blink Twice, Triangle of Sadness, The Hunt, Knives Out, Infinity Pool, Opus and the many many others, a medal for speed if not much else. The follow-up has then taken a surprising amount of time, mostly due to the team behind it (directing duo Matt Bettinelli-Olpin and Tyler Gillett) being busy with the rebooted Scream franchise as well as toothless vampire dud Abigail , but also one imagines because of the difficulties in extending a film where everyone, bar final girl, had spontaneously combusted at the end. In a world where both horror and superhero franchises have increasingly started to resemble daytime soaps in their absurd, no-rules-apply plotting (not dead, all a dream, different universe etc), Ready or Not 2: Here I Come was still inevitable regardless of logic. What’s odd given the seven-year gap is that the second film takes place directly after the first, a la Halloween II, with heroine Grace, played by Samara Weaving, looking noticeably, understandably different. Continue reading...
Tom Werner/DigitalVision via Getty Images In May last year, I had issued a Buy rating for both the YieldMax Bitcoin Option Income Strategy ETF ( YBIT ) and the Roundhill Bitcoin Covered Call Strategy ETF ( YBTC ). The use cases were different but both looked good as an income tool, especially with a bullish thesis on the underlying at that point. That bullish Bitcoin-led thesis was further reitera...
Tom Werner/DigitalVision via Getty Images In May last year, I had issued a Buy rating for both the YieldMax Bitcoin Option Income Strategy ETF ( YBIT ) and the Roundhill Bitcoin Covered Call Strategy ETF ( YBTC ). The use cases were different but both looked good as an income tool, especially with a bullish thesis on the underlying at that point. That bullish Bitcoin-led thesis was further reiterated in another article I wrote on YBIT in October last year. Since the October thesis, Bitcoin has corrected by almost 40%, severely crippling the income plays and proving me wrong in more ways than one. First the crash in Bitcoin was a core break for the thesis. Then, we did not see the expected defense I had projected YBIT for either. YBIT has since suffered from a lack of investor interest too, potentially because of several popular YieldMax products eventually going for reverse splits, indicating NAV damage. The ratio of AUM to share prices below clearly shows YBTC still retains a lot of investor interest even after the Bitcoin crash, while YBIT's interest is declining sharply. That has more to do with the YieldMax franchise losing a lot of interest in the interim rather than performance alone. Because if you see the total return charts from May last year to now, there is hardly anything to choose between YBTC and YBIT. Data by YCharts Data by YCharts In this thesis, I aim to address a few issues in my earlier analysis and derive the way forward after mistakes made at the peak of the Bitcoin bull cycle. I argue for the case of how the odds and magnitude of a further crash in the underlying (i.e. Bitcoin) are lower than that of rebound. I show why both YBTC and YBIT both are therefore not the instruments to position oneself for that scenario. I also discuss how YBIT's thesis is indeed looking less defensible today after the expected drawdown mitigation did not show up in the falling markets - hence a double downgrade to a Sell (but not because of NAV erosion alone). YBTC...
特朗普稱訪華將非常成功 高市重申對中國保持開放冷靜態度 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】為應付伊朗戰事押後訪華行程的美國總統特朗普，透露將與國家主席習近平談及日本。 特朗普：「我認為今次訪問將非常成...
特朗普稱訪華將非常成功 高市重申對中國保持開放冷靜態度 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】為應付伊朗戰事押後訪華行程的美國總統特朗普，透露將與國家主席習近平談及日本。 特朗普：「我認為今次訪問將非常成功，此行已推遲約一個半月，並已重新安排，我們非常期待。我會見習近平主席時會表達對日本的讚賞。」日本首相高市早苗則重申一直秉持與中國對話的開放態度，冷靜處理對華關係，希望美中關係有利地區安全和保障全球供應鏈。
otman lazrak/iStock via Getty Images PENN Entertainment ( PENN ) announced that it will open the new land-based Hollywood Casino Aurora on June 24. The new $360M integrated resort will replace the current Fox River riverboat and strengthen the casino company's suburban Chicago footprint. The resort will feature roughly 1,200 gaming positions, including slots, tables, and a retail sportsbook, suppo...
otman lazrak/iStock via Getty Images PENN Entertainment ( PENN ) announced that it will open the new land-based Hollywood Casino Aurora on June 24. The new $360M integrated resort will replace the current Fox River riverboat and strengthen the casino company's suburban Chicago footprint. The resort will feature roughly 1,200 gaming positions, including slots, tables, and a retail sportsbook, supported by about 1,700 parking spaces. A 226‑room upscale hotel will include standard rooms and suites plus Drift Spa, reflecting PENN’s ( PENN ) push to diversify into non-gaming revenue such as wellness and meetings. A 12K square foot event center is planned to host conferences, weddings, galas, and entertainment, with bookings already in progress. PENN expects to employ about 700 team members while receiving $225M in funding from Gaming and Leisure Properties ( GLPI ) and $50M in city support. The 18.7‑acre site is designed as a modern regional destination with strong highway visibility and outlet-mall traffic synergies. The move inland aligns with Illinois’ broader shift away from riverboats and positions Aurora alongside Joliet in PENN's ( PENN ) emerging “casino corridor” strategy around Chicago’s major interstates. More on PENN Entertainment PENN Entertainment, Inc. 2025 Q4 - Results - Earnings Call Presentation PENN Entertainment, Inc. (PENN) Q4 2025 Earnings Call Transcript PENN Entertainment: The Market Gave Up, But Maybe Too Early Penn targets 20% interactive segment EBITDAR growth and $3 per share free cash flow in 2026 while advancing restructuring and cost optimization PENN Entertainment Q4 2025 Earnings Preview
Four Ireland players have been named in the Men's Six Nations team of the championship, as voted for by fans, but no England players have been selected. France, who retained the title in the most dramatic of circumstances by beating England in Paris, also have four players chosen, while Italy and Scotland boast three inclusions and Wales one. Ireland achieving their fourth Triple Crown in five yea...
Four Ireland players have been named in the Men's Six Nations team of the championship, as voted for by fans, but no England players have been selected. France, who retained the title in the most dramatic of circumstances by beating England in Paris, also have four players chosen, while Italy and Scotland boast three inclusions and Wales one. Ireland achieving their fourth Triple Crown in five years is reflected in the selection of centre Stuart McCloskey and forwards Tadhg Beirne, Caelan Doris and Jack Conan. Champions France are represented by prolific wing Louis Bielle-Biarrey, legendary scrum-half Antoine Dupont, full-back Thomas Ramos and second row Mickael Guillard. Bielle-Biarrey scored nine tries, a new record for the competition, including four in the decisive victory over England, which saw his side edge out Ireland to secure tournament success. Ramos showed consistency throughout the tournament and kicked the winning points in stoppage time at the end of the final game.