DoorDash's e-commerce push lifts orders and GOV sharply, but rising competition and a premium valuation complicate the outlook for sustained growth momentum.
DoorDash's e-commerce push lifts orders and GOV sharply, but rising competition and a premium valuation complicate the outlook for sustained growth momentum.
Ondas (NASDAQ:ONDS) used its fourth-quarter and fiscal-year 2025 earnings call to emphasize accelerating momentum into early 2026, driven by growth in its Ondas Autonomous Systems (OAS) segment, an expanded acquisition strategy, and new initiatives aimed at broadening its multi-domain intelligence,
Ondas (NASDAQ:ONDS) used its fourth-quarter and fiscal-year 2025 earnings call to emphasize accelerating momentum into early 2026, driven by growth in its Ondas Autonomous Systems (OAS) segment, an expanded acquisition strategy, and new initiatives aimed at broadening its multi-domain intelligence,
Ministers to introduce temporary ban on cryptocurrency donations to political parties after review UK politics live – latest updates Ministers are introducing a temporary ban in cryptocurrency donations following an official review . Philip Rycroft, a former senior civil servant, made the recommendation as part of a review into countering foreign financial influence and interference in UK politics...
Ministers to introduce temporary ban on cryptocurrency donations to political parties after review UK politics live – latest updates Ministers are introducing a temporary ban in cryptocurrency donations following an official review . Philip Rycroft, a former senior civil servant, made the recommendation as part of a review into countering foreign financial influence and interference in UK politics. Continue reading...
Sally Anscombe/DigitalVision via Getty Images Introduction Back when I last covered Chewy ( CHWY ), I reiterated their Hold rating, as the valuation still didn’t seem to offer a good enough margin of safety despite improving fundamentals and potential to grow both domestically and internationally over time, capitalizing on their significant amount of high-quality data that can allow them to tailor...
Sally Anscombe/DigitalVision via Getty Images Introduction Back when I last covered Chewy ( CHWY ), I reiterated their Hold rating, as the valuation still didn’t seem to offer a good enough margin of safety despite improving fundamentals and potential to grow both domestically and internationally over time, capitalizing on their significant amount of high-quality data that can allow them to tailor private label brands that meet current and future consumer needs. Following a strong year and solid guidance, I’m going to upgrade Chewy to a Buy, with the stock now reflecting a significant discount, with improving fundamentals and strong growth potential. Foundation Remains Great Chewy IR Despite slightly missing the market’s Q4 non-GAAP EPS estimates and meeting on revenue, Chewy’s growth advanced very well throughout the year, with a strong 14% increase in autoship customer sales and a FCF of $562 million in 2025 (compared to $452 million in 2024), slightly below my $574.56 million estimated before, for a strong 24.34% increase YoY. Chewy IR A main reason why the stock jumped following the report is Chewy’s solid 2026 guidance, expecting net sales between $13.60 billion to $13.75 billion (up 8.5% compared to 2025) while the Adjusted EBITDA margin would improve significantly to 6.6% to 6.8% (vs. 5.7% in 2025, 4.8% in 2024, and 3.3% in 2023). Based on the midpoint of this guidance, we should see net sales of $13.675 billion and an Adjusted EBITDA margin of 6.7%, meaning $916.23 million, while a FCF conversion rate of 80% (compared to ~78.16% in 2025) would get us to a FCF of $732.98 million, meaning a very strong ~30.42% growth rate as the company’s margins improve and they can leverage even a slower growth in net sales towards significant FCF growth. Chewy IR Financially, based on CHWY’s latest report , we see not only a strong position with a nearly spotless balance sheet, but also an improving one, with the company now holding over $860 million in cash and cash equiva...
Shares of the semiconductor company Advanced Micro Devices (NASDAQ: AMD) climbed this morning as tech investors grew more optimistic that a potential ceasefire or slowdown in the war in Iran was around the corner. AMD's stock could also be responding to some recent news from Arm Holdings ' that its AI chip could generate significant sales over the next few years. The sentiment that rising tides li...
Shares of the semiconductor company Advanced Micro Devices (NASDAQ: AMD) climbed this morning as tech investors grew more optimistic that a potential ceasefire or slowdown in the war in Iran was around the corner. AMD's stock could also be responding to some recent news from Arm Holdings ' that its AI chip could generate significant sales over the next few years. The sentiment that rising tides lift all boats may be playing out here as investors take any sign of one semiconductor company doing well and apply it to others. AMD's shares were up by 6.5% as of 11:15 a.m. ET. Continue reading
Man credited with cooling Greenland tensions with Donald Trump is poised to play central role in any coalition deal Europe live – latest updates At the end of a long, gruelling night for the biggest parties on the right and left, there was one veteran of Danish politics who came out of Tuesday’s general election with a smile on his face – and a pipe in his mouth. Lars Løkke Rasmussen, the two-time...
Man credited with cooling Greenland tensions with Donald Trump is poised to play central role in any coalition deal Europe live – latest updates At the end of a long, gruelling night for the biggest parties on the right and left, there was one veteran of Danish politics who came out of Tuesday’s general election with a smile on his face – and a pipe in his mouth. Lars Løkke Rasmussen, the two-time prime minister whose Moderates party is not aligned with the country’s left or right-leaning political blocs, is poised to play a central role in any coalition deal reached in the coming weeks . Continue reading...
Erik Isakson/DigitalVision via Getty Images Shares of Vertiv Holdings ( VRT ) climbed to a record high on Wednesday as investor enthusiasm around artificial intelligence infrastructure continued to build, supported by a bullish outlook from HSBC analysts led by Sean McLoughlin. The firm initiated coverage of Vertiv ( VRT ) with a Buy rating and a price target of $325, implying roughly 27% upside f...
Erik Isakson/DigitalVision via Getty Images Shares of Vertiv Holdings ( VRT ) climbed to a record high on Wednesday as investor enthusiasm around artificial intelligence infrastructure continued to build, supported by a bullish outlook from HSBC analysts led by Sean McLoughlin. The firm initiated coverage of Vertiv ( VRT ) with a Buy rating and a price target of $325, implying roughly 27% upside from recent levels. HSBC views Vertiv as a “pure play” on data center power and cooling, positioning it at the center of one of the fastest growing segments in the AI supply chain. AI capex surge driving equipment demand HSBC expects a sharp acceleration in capital spending by hyperscale cloud providers, forecasting a roughly 91% increase in U.S. cloud capex in 2026 driven by AI. This surge is expected to translate directly into higher demand for infrastructure equipment, particularly in power management and cooling systems. The analysts estimate the total addressable market for power and cooling equipment at about $156 billion in 2026, up approximately 67% year over year. This reflects both rising compute intensity and increasing complexity in data center design. Vertiv positioned as integrated supplier HSBC favors vertically integrated suppliers and identifies Vertiv ( VRT ) alongside Eaton ( ETN ) and Schneider Electric as best positioned to capture growth from evolving data center architectures. Vertiv stands out for its broad exposure across both power and thermal management systems. According to HSBC’s analysis of the supply chain, the company derives roughly 80% of its revenue from data center related activity, one of the highest concentrations among peers. This positioning allows Vertiv ( VRT ) to participate across multiple components of the data center buildout, from uninterruptible power systems to cooling technologies. Order growth, backlog signal strong demand The report highlights strong recent momentum in Vertiv’s business. The company recorded a 252% year ove...
Sign up now! Sign up now! Sign up now? Sign up now! With ratings declining, it was inevitable ties needed to be severed without commissioning a new season of a cherished Liverpudlian mainstay. This is what happens when things get tired, they can never replicate what they were in their prime. It is no great shame to have such a long run, collect plenty of awards on the way and finally realise the i...
Sign up now! Sign up now! Sign up now? Sign up now! With ratings declining, it was inevitable ties needed to be severed without commissioning a new season of a cherished Liverpudlian mainstay. This is what happens when things get tired, they can never replicate what they were in their prime. It is no great shame to have such a long run, collect plenty of awards on the way and finally realise the industry has moved on and there is nothing fresh you can bring to compete with the elite rivals. Plenty of drama and joy was provided, testing the boundaries of what was possible and changing a nation in the process by challenging the establishment. But in the end, time caught up with Brookside and it had to go. Continue reading...
In early trading on Wednesday, shares of Arm Holdings topped the list of the day's best performing components of the Nasdaq 100 index, trading up 16.0%. Year to date, Arm Holdings registers a 43.2% gain. And the worst performing Nasdaq 100 component thus far on the day is Lam
In early trading on Wednesday, shares of Arm Holdings topped the list of the day's best performing components of the Nasdaq 100 index, trading up 16.0%. Year to date, Arm Holdings registers a 43.2% gain. And the worst performing Nasdaq 100 component thus far on the day is Lam
Jaclyn Vernace/iStock Editorial via Getty Images I've been looking more into regional US banks as of late - in search of value without too much correlation to other factors. While some regional banking institutions have too much CRE exposure or too many factors that make them risky by their own right, there are some gems that I've uncovered worthy of investing in at the right price. And some that ...
Jaclyn Vernace/iStock Editorial via Getty Images I've been looking more into regional US banks as of late - in search of value without too much correlation to other factors. While some regional banking institutions have too much CRE exposure or too many factors that make them risky by their own right, there are some gems that I've uncovered worthy of investing in at the right price. And some that are worth investing in right now. Today, I'll look at the result of a merger which I covered about 2 years ago and more - Burke & Herbert ( BHRB ). My last article on the company can be found here. While the results of the merger (at the time, the company seemed to be about to grow more) have been going well, the bank has also been going up and down quite a it. For the past year, the total RoR is less than 5.5%, and for the 10-year period, BHRB has managed an RoR of only 26.6%. BHRB Seeking Alpha This is generally less than the overall financial sector, and it's certainly a lot less than my own personal RoR. This implies to me that BHRB is quite volatile, and likely (barring changes), to continue to be somewhat volatile. However, there's a set of estimates currently relevant that put the company at an upside for the next 2-3 years. It's my intention with this article to clarify this potential upside, to determine its likelihood, and to work out what the company could be worth as of March 2026. I will note, however, that the company, compared to other regional banks that I cover, tends to be smaller (in terms of market capitalization). A smaller size can be both positive and negative. I will speak to both sides of this equation here. Let's start with the positives. Burke & Herbert - Upside requires an outperformance, not just valuation recovery From the get-go, and from my last article, I called this company a "speculative" investment. In this context, it means that I did not invest in the business. Burke & Herbert is now a regional banking play with a market capitalization ...
In this article META Follow your favorite stocks CREATE FREE ACCOUNT Meta CEO Mark Zuckerberg wears the Meta Ray-Ban Display glasses, as he delivers a speech presenting the new line of smart glasses, during the Meta Connect event at the company's headquarters in Menlo Park, California, U.S., Sept. 17, 2025. Carlos Barria | Reuters Meta is laying off several hundred employees on Wednesday, CNBC con...
In this article META Follow your favorite stocks CREATE FREE ACCOUNT Meta CEO Mark Zuckerberg wears the Meta Ray-Ban Display glasses, as he delivers a speech presenting the new line of smart glasses, during the Meta Connect event at the company's headquarters in Menlo Park, California, U.S., Sept. 17, 2025. Carlos Barria | Reuters Meta is laying off several hundred employees on Wednesday, CNBC confirmed. The cuts are happening across several different organizations within the company, including Facebook , global operations, recruiting, sales and its virtual reality division Reality Labs , according to a source familiar with the company's plans who asked not to be named because they are confidential. Some impacted employees are being offered new roles within the company, the person said. In some cases, those new positions will require relocation. "Teams across Meta regularly restructure or implement changes to ensure they're in the best position to achieve their goals. Where possible, we are finding other opportunities for employees whose positions may be impacted," a Meta spokesperson said in a statement. The layoffs come as Meta has been refocusing its efforts and pouring billions of dollars into a rtificial intelligence , where the social media giant has been racing to catch up to rivals like OpenAI , Anthropic and Google . Read more CNBC tech news Amazon's Zoox to debut robotaxis in Austin, Miami later this year as it awaits paid ride approval OpenAI calls out Microsoft reliance as risk in investor document ahead of expected IPO Amazon faces further AWS disruption in the Middle East from Iran conflict OpenAI's data center pivot underscores Wall Street spending concerns ahead of IPO The Information was first to report the cuts. In January, Meta cut employees focused within its Reality Labs division and shut down a number of studios that were working on VR titles, CNBC previously reported . The January layoffs hit more than 1,000 jobs and would impact about 10% of ...