U.S. credit card delinquencies held steady month-over-month across major banks in February, while charge-offs shot up, according to Seeking Alpha's February Credit Pulse. Seeking Alpha tracks delinquency and charge-off numbers for seven banks in its monthly roundup: American Express ( AXP ), Synchrony Financial ( SYF ), Citigroup ( C ), Bread Financial ( BFH ), Capital One ( COF ), JPMorgan Chase ...
U.S. credit card delinquencies held steady month-over-month across major banks in February, while charge-offs shot up, according to Seeking Alpha's February Credit Pulse. Seeking Alpha tracks delinquency and charge-off numbers for seven banks in its monthly roundup: American Express ( AXP ), Synchrony Financial ( SYF ), Citigroup ( C ), Bread Financial ( BFH ), Capital One ( COF ), JPMorgan Chase ( JPM ), and Bank of America ( BAC ). Average delinquency rate in February remained unchanged month-over-month at 2.81%. However, the metric remained above the year-ago level of 2.59%. The pre-pandemic February 2020 average was 2.93%. Average net charge-off rate for the month came in at 3.83%, far above the 3.53% rate seen in January and the pre-pandemic level of 3.75%. However, charge-offs remained below the February 2025 level of 4.39%. "Credit card volumes fell sharply—a typical seasonal trend as consumers paid down holiday balances," said the February edition of the Federal Reserve's Beige Book report released on March 4. Consumer sentiment was seen deteriorating in March on the back of the Iran conflict. The University of Michigan Consumer Sentiment Index fell to 55.5 in March's preliminary reading, down from 56.6 recorded in February and 56.2 consensus, according to a report released on March 13. The index hit its lowest level of the year. "Interviews completed prior to the military action in Iran showed an improvement in sentiment from last month, but lower readings seen during the nine days thereafter completely erased those initial gains," said Surveys of Consumers Director Joanne Hsu . Here is a look at the February delinquencies and net charge-off rates: February 2026 credit card delinquencies, net charge-offs (Company filings, press releases) More on related tickers American Express Is An Attractive Dip Buy As Growth Continues JPMorgan Chase: Hold On Mixed Signals Capital One's Acquisition Of Discover Won't Save It From Declining ROE And ROA Not all financials a...
May NY world sugar #11 (SBK26) today is up +0.22 (+1.43%), and May London ICE white sugar #5 (SWK26) is down -1.70 (-0.38%). Sugar prices are mixed today, with NY sugar climbing to a fresh 5-month high. Sugar prices fell back from their best levels today, with London sugar turning lower, amid strength in the dollar ($DXY). Don’t Miss a Day: Soaring gasoline prices are boosting ethanol prices and a...
May NY world sugar #11 (SBK26) today is up +0.22 (+1.43%), and May London ICE white sugar #5 (SWK26) is down -1.70 (-0.38%). Sugar prices are mixed today, with NY sugar climbing to a fresh 5-month high. Sugar prices fell back from their best levels today, with London sugar turning lower, amid strength in the dollar ($DXY). Don’t Miss a Day: Soaring gasoline prices are boosting ethanol prices and are bullish for sugar. Gasoline (RBJ26) is up more than +2% today and posted a 3.5-year high on Thursday, which may encourage the world's sugar mills to increase ethanol production at the expense of sugar. Sugar prices are also finding support amid supply disruptions from the closure of the Strait of Hormuz. According to Covrig Analytics, the closure of the strait has curbed approximately 6% of the world's sugar trade, constraining refined sugar output. Earlier this month, sugar prices plunged to 5.25-year nearest-futures lows on concern that a global sugar surplus will persist. On February 11, analysts from sugar trader Czarnikow said they expect a global sugar surplus of 3.4 MMT in the 2026/27 crop year, following an 8.3 MMT surplus in 2025/26. Also, Green Pool Commodity Specialists said on January 29 that they expect a 2.74 MMT global sugar surplus for 2025/26 and a 156,000 MT surplus for 2026/27. Meanwhile, StoneX said February 13 that it expects a global sugar surplus of 2.9 MMT in 2025/26. The International Sugar Organization (ISO) on February 27 forecasted a +1.22 MMT (million metric ton) sugar surplus in 2025-26, following a -3.46 MMT deficit in 2024-25. ISO said the surplus is being driven by increased sugar production in India, Thailand, and Pakistan. ISO is forecasting a +3.0% y/y rise in global sugar production to 181.3 million MMT in 2025-26. Signs of lower sugar output in Brazil are supportive of sugar prices, after Unica on February 18 reported that sugar production in Brazil's Center-South in the second half of January fell by -36% y/y to only 5,000 MT. Howev...
May ICE NY cocoa (CCK26) today is down -62 (-1.86%), and May ICE London cocoa #7 (CAK26) is down -32 (-1.30%). Cocoa prices are sliding today, with NY cocoa falling to a 2-week low. Today's stronger dollar ($DXY) is weighing on cocoa prices along with an improving supply outlook. West African farmers have reported that consistent rains have boosted pod development in cocoa trees in the Ivory Coast...
May ICE NY cocoa (CCK26) today is down -62 (-1.86%), and May ICE London cocoa #7 (CAK26) is down -32 (-1.30%). Cocoa prices are sliding today, with NY cocoa falling to a 2-week low. Today's stronger dollar ($DXY) is weighing on cocoa prices along with an improving supply outlook. West African farmers have reported that consistent rains have boosted pod development in cocoa trees in the Ivory Coast and Ghana. Don’t Miss a Day: Ample supplies are also weighing on cocoa prices, as ICE cocoa inventories rose to a 7.5-month high of 2,314,981 bags on Thursday. NY cocoa rallied to a 1-month high last Wednesday after a Reuters report last Tuesday said that local grinders bought more than 400,000 metric tons of Ivory Coast cocoa export contracts in the 10 days since purchases resumed for the mid-year crop. That suggested that new demand is emerging in the wake of recent cocoa price cuts. Last month, Ghana cut the official price it pays its cocoa farmers by nearly 30% for supplies for the 2025/26 growing season, and the Ivory Coast last Wednesday said it would cut cocoa farmer pay by 57% that would kick in for the mid-crop harvest that started in March. The Ivory Coast and Ghana produce more than half of the world's cocoa. Cocoa prices have also seen some support over the past two weeks as the closure of the Strait of Hormuz has boosted global shipping rates, insurance costs, and fuel prices, thereby raising cocoa importers' costs. In addition, slowing cocoa deliveries to ports in the Ivory Coast is supportive of prices. Tuesday's cumulative data from the Ivory Coast showed that Ivory Coast farmers shipped 1.37 MMT of cocoa to ports in the current marketing year (October 1, 2025, through March 15, 2026), down -2.8% from 1.41 MMT in the same period a year ago. Demand concerns have hammered cocoa prices as consumers continue to balk at the high price of chocolate. On January 28, Barry Callebaut AG, the world's largest bulk chocolate maker, reported a -22% decline in sales volum...
This article first appeared on GuruFocus. Xpeng (NYSE:XPEV) has reached a milestone that could reshape investor perception, reporting its first-ever quarterly profit even as near-term signals turn more cautious. The company posted fourth-quarter net income of 383 million yuan, compared with expectations for a 45.3 million-yuan loss, marking a sharp swing into profitability. However, that progress ...
This article first appeared on GuruFocus. Xpeng (NYSE:XPEV) has reached a milestone that could reshape investor perception, reporting its first-ever quarterly profit even as near-term signals turn more cautious. The company posted fourth-quarter net income of 383 million yuan, compared with expectations for a 45.3 million-yuan loss, marking a sharp swing into profitability. However, that progress is being tempered by a softer first-quarter outlook, with revenue projected at 12.2 billion yuan to 13.3 billion yuan, falling short of the 15.7 billion-yuan consensus. The contrast suggests that while Xpeng may be entering a new phase operationally, demand conditions could remain uneven in the near term. Management also pointed to continued pressure on deliveries, with the company expecting 61,000 to 66,000 vehicles in the current quarter after shipments in January and February declined 40% year-on-year. The broader backdrop appears challenging, as China's passenger vehicle sales fell 25% in February, with new energy vehicles seeing an even steeper drop, according to industry data. A rollback in government subsidies is weighing on demand across the sector, which could continue to impact volume recovery and pricing dynamics for EV makers, including Xpeng. At the same time, Chairman He Xiaopeng emphasized longer-term opportunities tied to artificial intelligence and next-generation mobility, suggesting the company could be approaching a strategic inflection point. Xpeng expects to begin mass production of humanoid robots, flying cars and robotaxis this year, while expanding its global partnerships. A jointly developed vehicle with Volkswagen has already rolled off the production line, and Stellantis is exploring potential collaboration, developments that could position Xpeng to diversify beyond traditional EV manufacturing as it scales its technology ambitions.
Peacock saw a surge in new subscribers during February, as was largely expected, with the streaming service at the center of the sports world. The streamer added an estimated 4.9M new subscribers in February to mark its biggest month ever, driven by the Winter Olympics, Super Bowl LX, and the NBA All-Star Game. A market research report from Antenna indicates that Peacock captured about 34% of all ...
Peacock saw a surge in new subscribers during February, as was largely expected, with the streaming service at the center of the sports world. The streamer added an estimated 4.9M new subscribers in February to mark its biggest month ever, driven by the Winter Olympics, Super Bowl LX, and the NBA All-Star Game. A market research report from Antenna indicates that Peacock captured about 34% of all new premium streaming sign-ups that month. Separate data from Ampere indicated that the service generated roughly 968,000 new sign-ups on Super Bowl Sunday alone, with a third of those new customers selecting the higher-priced Premium Plus tier. Notably, the results reflect NBCUniversal's ( CMCSA ) strategy to engineer a “Legendary February” to reignite growth after Peacock’s subscriber base had plateaued near 41M for much of 2025. App analytics from Apptopia suggest that Peacock retained about 16.5% of new Olympic-driven subscribers two weeks after the Olympics, and time spent on the platform by the new users nearly tripled as Peacock leaned on new originals and NBA coverage. More on Comcast Comcast Looks Intriguing Here, But History Remains A Concern Telecommunication 2026 Dividend Roundup: I Prefer Comcast Over Verizon Comcast Corporation (CMCSA) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript Peacock's new-user retention dropped after Winter Olympics, report shows Communication services stocks with the highest dividend yields amid market volatility
intek1/iStock via Getty Images By Zain Vawda EUR/USD ( EUR:USD ) finds itself at another crossroads after recent developments have seen the pair test a multi-year pivot level of 1.1450. Since then, EUR/USD has attempted to grind its way higher, but further upside is facing a few hurdles. Let us unpack what may be key for the pair down below as markets grapple with a host of challenges. What is dri...
intek1/iStock via Getty Images By Zain Vawda EUR/USD ( EUR:USD ) finds itself at another crossroads after recent developments have seen the pair test a multi-year pivot level of 1.1450. Since then, EUR/USD has attempted to grind its way higher, but further upside is facing a few hurdles. Let us unpack what may be key for the pair down below as markets grapple with a host of challenges. What is driving EUR/USD price action? Current Price Dynamics: The Post-ECB Correction In recent sessions, EUR/USD surged to a weekly high of 1.1616. This advance was primarily triggered by the ECB’s decision to hold interest rates steady, while simultaneously signaling heightened concern over inflation. Although the central bank maintained the deposit facility at 2.00%, President Christine Lagarde’s press conference struck a notably hawkish chord. She warned that rising energy prices spurred by the ongoing conflict in the Middle East involving the US, Israel, and Iran would likely push inflation above the 2% target in the near term. However, the euro’s gains proved fragile. By Friday, the pair retraced toward 1.1560 as the US dollar (USD) regained its footing. The greenback’s resilience is being supported by a broader flight to safety as global markets grapple with "unabated geopolitical effervescence." While the Fed’s own hawkish stance previously dominated the narrative, the market is now focusing on the narrowing policy divergence between the Fed and other major central banks like the ECB and the Bank of England. Euro facing hurdles As conflict in the Middle East threatens oil and gas supplies, the euro remains particularly vulnerable. Despite the ECB’s hawkishness, there is skepticism regarding whether higher euro yields can sustain the currency's strength if energy prices continue to spike. A "conflict-related oil dynamic" remains the chief downside risk for the euro, as higher energy costs act as a tax on the Eurozone’s growth-sensitive economy. Outlook: What to Watch Moving For...
The longer the war in Iran goes on, the more damage is being done to the region's energy infrastructure — and consumers are already feeling the pressure with rising energy costs. Gregory Brew, a senior analyst at Eurasia Group, joins Joe Weisenthal and Tracy Alloway on the Odd Lots podcast to discuss why the Trump administration may have walked into a "strategic trap" and whether there may be any ...
The longer the war in Iran goes on, the more damage is being done to the region's energy infrastructure — and consumers are already feeling the pressure with rising energy costs. Gregory Brew, a senior analyst at Eurasia Group, joins Joe Weisenthal and Tracy Alloway on the Odd Lots podcast to discuss why the Trump administration may have walked into a "strategic trap" and whether there may be any relief for consumers at gas pumps in the near future. (Source: Bloomberg)
Jonathan Wheatley has left his role as Audi team principal, the Formula One team has confirmed, paving the way for his anticipated switch to the same role at Aston Martin. Wheatley’s arrival would allow current Aston Martin principal, Adrian Newey, to return his focus to the technical and design areas in which he excels after the team endured a disastrous start to the new season. Wheatley, who pre...
Jonathan Wheatley has left his role as Audi team principal, the Formula One team has confirmed, paving the way for his anticipated switch to the same role at Aston Martin. Wheatley’s arrival would allow current Aston Martin principal, Adrian Newey, to return his focus to the technical and design areas in which he excels after the team endured a disastrous start to the new season. Wheatley, who previously spent almost 20 years at Red Bull, had been team principal at Audi (in its former guise as Sauber last season) for just over a year. However, with Aston Martin in dire straits, the team are believed to have acted decisively to bring Wheatley aboard to take the helm. Aston Martin have opened the season without finishing a race. Their Honda engine suffers a severe vibration problem that has a knock-on effect in damaging the batteries and in transferring vibration into the chassis, which Newey admitted was in danger of causing permanent nerve damage to the drivers. At the last round in China, Fernando Alonso retired the car saying he could not feel his hands and feet. The team and Honda have a huge mountain to climb, made more complex by their management structure. Newey, the pre-eminent designer of his generation, had taken on the role of team principal last November, alongside his official position as managing technical partner, after issues with the then principal Andy Cowell in what was considered to be only a temporary arrangement. Allowing Newey to step back from the forward-facing principal role and its wide-ranging duties will give him a chance to refocus on maximising the car. Cowell, who was formerly at Mercedes where he enjoyed enormous success, remains as chief strategy officer and is working with Honda to help them address their engine problems. Audi, who are making their debut in F1 this season having taken over Sauber, have stated that Wheatley will leave with immediate effect and that the current head of their F1 organisation, the former Ferrari chief M...
Too many want to cast acts of violence and antisemitism as blows against Israel’s government. But the fear and terror land on real people, thousands of miles away Let us begin with a brief exchange on GB News, confirmed this week as the TV arm of Nigel Farage’s Reform UK . Following an attack on a synagogue last week in Michigan , in which a gunman drove a car packed with explosives through the en...
Too many want to cast acts of violence and antisemitism as blows against Israel’s government. But the fear and terror land on real people, thousands of miles away Let us begin with a brief exchange on GB News, confirmed this week as the TV arm of Nigel Farage’s Reform UK . Following an attack on a synagogue last week in Michigan , in which a gunman drove a car packed with explosives through the entrance to the building before opening fire, a pundit on the channel sought to clarify what the attacker actually meant by his actions. “This was an Israeli temple,” she explained . “It was aligned with Israel.” By way of evidence, she cited the name of the synagogue – Temple Israel – apparently unaware that Jews have referred to themselves as “the people of Israel” for millennia, long before there was a state of that name, and that there are, for that reason, countless synagogues in the US called Temple Israel. No, for her, the Michigan house of worship, with its on-site school where more than a hundred children were in lessons that day, was a de facto embassy of the Israeli state and therefore an understandable, if not legitimate, target. Hold that episode in your mind. Jonathan Freedland is a Guardian columnist Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here . Continue reading...
東亞超級籃球聯賽 桃園領航猿26分大勝東京電擊 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】東亞超級籃球聯賽4強,桃園領航猿以26分大勝東京電擊,連續兩屆躋身決賽。 黑衫領航猿走甩了沙斯被他輕鬆入樽,三分成為上...
東亞超級籃球聯賽 桃園領航猿26分大勝東京電擊 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】東亞超級籃球聯賽4強,桃園領航猿以26分大勝東京電擊,連續兩屆躋身決賽。 黑衫領航猿走甩了沙斯被他輕鬆入樽,三分成為上半場最大分野。領航猿只入一球,電擊就轟入13球。領航猿之後力追,布朗籃底射入,完兩節追剩4分。領航猿第三節爆發,單節贏18分反先。盧峻翔突破上籃,交出13分。4人得分雙位數,阿天奴有「雙雙」,最高26分、11籃板。另一外援格拉咸得分同樣「二字頭」,有24分進帳。領航猿愈拉愈開,贏102比76,會與宇都宮皇者爭冠軍。
primeimages/E+ via Getty Images Objective Use for Morningstar category High total return through its target retirement date One-stop retirement investment Target-Date 2055 Click to enlarge Quarterly commentary Most asset categories produced solid returns in the final three months of 2025, reflecting the favorable backdrop for the world financial markets. The fund ( JLKLX ) posted a gain but slight...
primeimages/E+ via Getty Images Objective Use for Morningstar category High total return through its target retirement date One-stop retirement investment Target-Date 2055 Click to enlarge Quarterly commentary Most asset categories produced solid returns in the final three months of 2025, reflecting the favorable backdrop for the world financial markets. The fund ( JLKLX ) posted a gain but slightly underperformed its benchmark. Asset allocation contributed to performance, while underlying manager results detracted. Market review and outlook Global equities registered solid gains in the fourth quarter, helping the major, broad-based indexes record their third consecutive year of double-digit returns. Performance was uneven over the first half of the quarter due to concerns that AI-related stocks were in a bubble, but the market staged an impressive rebound and went on to achieve new all-time highs by year end. A continued decline in inflation enabled the U.S. Federal Reserve to enact two quarter-point interest rate cuts, boosting sentiment. In addition, corporate earnings were robust and world economic growth remained positive. Emerging- and developed-market international equities outperformed the United States, continuing a trend that was in place for the full year. Within the U.S. market, the value style outpaced growth as investors rotated toward opportunities outside of AI-related stocks. Global bonds logged only slightly positive total returns amid a growing consensus that most central banks were largely finished easing policy. Credit-oriented market segments continued to outperform, primarily as a result of their yield advantage. Contributors and detractors The fund's overweight in equities versus bonds contributed to relative performance. The fund's overweight in developed-market international equities and corresponding underweight in the United States also contributed. We have favored the non-U.S. markets for some time based on their attractive relative valu...
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks are closing out the week on another sour note , as the S & P 500 heads for its fourth straight losing week. The market decline on Friday extended the S & P 500's pullback from its closing high on Jan. 27 to roughly 6%. Fo...
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks are closing out the week on another sour note , as the S & P 500 heads for its fourth straight losing week. The market decline on Friday extended the S & P 500's pullback from its closing high on Jan. 27 to roughly 6%. For the year, the index is down more than 4%. Oil remains an important story, with WTI and Brent crude both higher by about 1%. But the move in bond yields may be the bigger focus on Friday, with the yield on the 10-Year Treasury surging roughly 10 basis points to 4.38%. That's its highest level since last July, as the possibility of rate hikes — not cuts — before year's end has entered the conversation amid concerns about an oil-driven spike in inflation. Energy was the top-performing sector , gaining about 4% and extending its run this year to 33%. Financials managed to squeeze out a small gain on easing concerns over private credit. New rules that relax capital requirements could be a long-term tailwind for banks, too. Goldman Sachs and Wells Fargo both rallied 4% in the tough week, while Capital One was about flat. Leading to the downside were the consumer staples. Costco and Procter & Gamble are the two staples in the portfolio, and both stocks dropped about 3% this week. You'd expect this defensive, economically resilient group to hold up better in a slowdown, but rising input costs in an inflationary environment will weigh on the sector, especially those that lack the pricing power to offset those pressures. Also, those dividends don't look as meaty when the 10-Year is well north of 4%. It is our discipline to nibble on stocks when the market is down this much, and the S & P 500 Short Range Oscillator is this low, but our trading restrictions are holding us back from adding to some positions in the portfolio. As much as we like Goldman Sachs, Boeing , and Cardinal Heal...
Robert Way/iStock Editorial via Getty Images NVDA stock: Q4 earnings and 2026 GTC I have been cautious about Nvidia Corporation ( NVDA ) stock since mid-2025 and wrote several analyses on it with a hold thesis. The key risks underlying my caution are valuation risks and also the uncertainty cyclical forces. For example, my latest article on the stock was published on Feb 10 and rated it as a Hold ...
Robert Way/iStock Editorial via Getty Images NVDA stock: Q4 earnings and 2026 GTC I have been cautious about Nvidia Corporation ( NVDA ) stock since mid-2025 and wrote several analyses on it with a hold thesis. The key risks underlying my caution are valuation risks and also the uncertainty cyclical forces. For example, my latest article on the stock was published on Feb 10 and rated it as a Hold after examining it elevated inventory and the new AI CAPEX plans from hyperscalers. Since then, there have been a few material catalysts this AI frontrunner. The rest of this article will focus on its FQ4 earnings report (ER) and also the recent 2026 GTC. The updates provided from these events, together with valuation contraction for the stock (see the next chart below), have dissipated most of the earlier concerns and lead me to adjust my rating to Buy. Next, I will detail the thought process behind this rating upgrade. And the central arguments are twofold. First, I believe that Nvidia has officially transitioned from a hardware provider to the primary architect of the global AI economy, centered on the newly defined commodity of tokenomics. By pricing intelligence at a cost-effective level, Nvidia is not just selling chips but is establishing the price floor for the entire generative AI industry in my view. This transition will not only help NVDA to growth its profits, but also will make its income less sensitive to the notorious cyclicality of the hardware sector. In the meantime, due to the considerable valuation compression in the past few months, its potential is very reasonable – or even cheaply – priced, making the stock an excellent GARP candidate (Growth at a Reasonable Price). As shown in the chart below, the company’s forward P/E ratio is only about 21.5x now, while I see large odds for earnings growth a 20% to 30% in the next few years. Seeking Alpha NVDA stock: the significance of $6 tokenomics During the GTC , the transition from the Blackwell architecture t...
(RTTNews) - After a fairly good start Friday morning, the major European markets turned weak and ended the day's session with notable losses as oil's climb and concerns that major central banks will soon hike interest rates rendered the mood bearish. Major central banks, including the Federal Reserve, the European Central Bank and the Bank of England, left their interest rates unchanged but hinted...
(RTTNews) - After a fairly good start Friday morning, the major European markets turned weak and ended the day's session with notable losses as oil's climb and concerns that major central banks will soon hike interest rates rendered the mood bearish. Major central banks, including the Federal Reserve, the European Central Bank and the Bank of England, left their interest rates unchanged but hinted at one or more rate hikes this year to combat inflation. Oil's wild swings since trade commenced this morning resulted in high volatility in the stock markets across Europe. Oil prices fell earlier in the day after Israeli Prime Minister Benjamin Netanyahu said U.S. President Donald Trump had requested that there be no further attacks on the Iranian gas field. Trump suggested that he has no plans to deploy American troops to the Middle East. To increase oil supply and bring down energy prices, U.S. officials said Washington may soon lift sanctions on Iranian oil stranded in tankers. However, oil pared early losses and moved higher on reports the U.S. President is mulling a forced takeover of Iran's Kharg Island. The pan European Stoxx 600 ended down 1.78%. The U.K.'s FTSE 100 slid 1.44%, Germany's DAX fell 2.01% and France's CAC 40 lost 1.82%. Switzerland's SMI closed with a loss of 1.11%. The FTSE, DAX and CAC 40 all fell for a third straight week. Among other markets in Europe, Austria, Belgium, Czech Republic, Denmark, Finland, Greece, Iceland, Ireland, Netherlands, Norway, Poland, Portugal, Spain, Sweden and Türkiye closed with sharp to moderate losses. Russia bucked the trend and closed with a moderate gain. In the UK market, Smiths Group tanked nearly 10% after the engineering group's half-year revenue growth fell short of estimates. Babcock International ended 4.5% down. Coca-Cola Europacific Partners, BP, ICG, National Grid, SSE, Weir Group, Segro, Barratt Redrow, Centrica, Natwest Group, Marks & Spencer, BAE Systems, BT Group, Rolls-Royce Holdings, Coca-Cola HBC A...
Erik Isakson/DigitalVision via Getty Images Investment Thesis Coherent ( COHR ) shares have increased in price by 144% since my August buy recommendation, which is undoubtedly one of my best recommendations over the past year. But since October, I have downgraded the rating to Hold, considering the shares to be heavily overbought. Indeed, stocks are trading at multiples with a premium of 100-120% ...
Erik Isakson/DigitalVision via Getty Images Investment Thesis Coherent ( COHR ) shares have increased in price by 144% since my August buy recommendation, which is undoubtedly one of my best recommendations over the past year. But since October, I have downgraded the rating to Hold, considering the shares to be heavily overbought. Indeed, stocks are trading at multiples with a premium of 100-120% to the sectoral averages. But the high demand from data centers and the NVIDIA deal are very strong drivers for further business acceleration. Coherent is becoming an important player in the AI market, being a key supplier of optics for NVIDIA data centers. Investors expect a lot from Coherent, as a beneficiary of the current AI boom, and therefore stocks will grow faster than peers, and multiples premiums will remain high. But at the same time, I cannot call the market's expectations too high, given the consensus forecasts, which from quarter to quarter turn out to be lower than the actual results in the reports. I revised the assumptions of my DCF model and got a fair price for Coherent shares at $296 with an upside of 17% to the current market price ($252.31 at the time of writing). I'm upgrading the rating from Hold to Buy. Securing Long-Term AI Demand Through NVIDIA Partnership I recommend reading my first two articles about Coherent, among other things. There, in addition to financial analysis of the reports, I also deeply analyzed the company's business model , described its development strategy, the strengths and weaknesses of this strategy, and the key growth drivers and risks inherent in the company. This will help you gain a deeper understanding of the business and better understand the reasons for the company's current financial situation. Before proceeding to the financial analysis of the latest financial statements and stock valuation, I would like to analyze perhaps the most important news of recent months for Coherent. In early March, NVIDIA and Coherent ann...
Lowering speed limits to minimise fuel consumption is among potential contingency plans being drawn up by the UK government as the crisis in the Middle East threatens global oil supplies. Sources stressed that there is no shortage of fuel in the UK, but said that officials in the Department for Transport are working with the Department for Energy Security and Net Zero (DESNZ) on an analysis of how...
Lowering speed limits to minimise fuel consumption is among potential contingency plans being drawn up by the UK government as the crisis in the Middle East threatens global oil supplies. Sources stressed that there is no shortage of fuel in the UK, but said that officials in the Department for Transport are working with the Department for Energy Security and Net Zero (DESNZ) on an analysis of how what measures could be taken to curb oil demand. The world’s energy watchdog has advised its government member states, including the UK, to consider lowering road speeds and limiting when cars can drive. The International Energy Agency (IEA) recommended a raft of Covid-style emergency measures, including working from home, to cope with soaring oil prices and looming supply problems triggered by the US-Israel strikes on Iran. The agency said governments should encourage shared transport, whether public or car-pooling, and efficient driving, and tell citizens to avoid air travel where possible. The DESNZ declined to respond directly, but is understood to be confident that the UK has a diverse and resilient fuel supply, with the IEA’s advice encompassing its member states across the world. The agency has advised diverting liquid petroleum gas from transport use to ensure enough remains for essential domestic use such as cooking, with shortages already affecting countries such as India. The UK’s national emergency plan for fuel shortages was last updated by DESNZ in 2024, and includes measures such as petrol rationing and limiting the opening hours of filling stations. Under current plans to restrict consumption in a severe squeeze on supplies, critical service vehicles would be given priority for fuel, and ministers would also direct supplies to ensure public transport keeps running. But private drivers would have restrictions on how much fuel they could buy per visit to a filling stations, and pumps could be closed overnight. The government could ultimately allocate how crud...
ARKK is negative YTD in 2026 after a strong 1-year run; its performance is being driven by concentrated exposure to Tesla, Robinhood, Coinbase, Shopify, and AMD.
ARKK is negative YTD in 2026 after a strong 1-year run; its performance is being driven by concentrated exposure to Tesla, Robinhood, Coinbase, Shopify, and AMD.
Key Points Integral Health bought 100,000 Vera Therapeutics shares for an estimated $3.55 million in the fourth quarter. Meanwhile, the quarter-end position value increased by $41.75 million, reflecting both share additions and stock price movements. The quarter-end holding stood at 1,800,000 shares valued at $91.15 million. 10 stocks we like better than Vera Therapeutics › On February 17, 2026, I...
Key Points Integral Health bought 100,000 Vera Therapeutics shares for an estimated $3.55 million in the fourth quarter. Meanwhile, the quarter-end position value increased by $41.75 million, reflecting both share additions and stock price movements. The quarter-end holding stood at 1,800,000 shares valued at $91.15 million. 10 stocks we like better than Vera Therapeutics › On February 17, 2026, Integral Health Asset Management disclosed a buy of 100,000 Vera Therapeutics (NASDAQ:VERA) shares, an estimated $3.55 million trade based on quarterly average pricing. What happened According to a Securities and Exchange Commission (SEC) filing dated February 17, 2026, Integral Health Asset Management increased its position in Vera Therapeutics by 100,000 shares. The estimated value of this trade, based on the average closing price for the quarter ending December 31, 2025, is $3.55 million. The quarter-end value of the position rose by $41.75 million, reflecting share purchases and changes in the stock price. What else to know The fund’s buy brings its Vera Therapeutics stake to 4.53% of 13F assets under management. Top holdings after the filing: NASDAQ:INSM: $217.55 million (11.0% of AUM) NASDAQ:RVMD: $95.58 million (4.8% of AUM) NASDAQ:VERA: $91.15 million (4.5% of AUM) NASDAQ:CYTK: $88.96 million (4.5% of AUM) NASDAQ:REGN: $81.05 million (4.1% of AUM) As of Friday, shares of Vera Therapeutics were priced at $40.93, up 48% over the past year and well outperforming the S&P 500’s roughly 16% gain in the same period. Company overview Metric Value Market Capitalization $2.9 billion Price (as of Friday) $40.93 Net Income (TTM) ($299.6 million) Company snapshot VERA focuses on developing and commercializing treatments for serious immunological diseases, with lead product candidates including atacicept for immunoglobulin A nephropathy and MAU868 for BK viremia infections. The firm operates as a clinical-stage biotechnology company focused on the advancement and potential commerc...
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in ONEOK Inc (Symbol: OKE), where a total of 23,974 contracts have traded so far, representing approximately 2.4 million underlying shares. That amounts to about 47.3% of OKE's average daily trading volume over the past month of 5.1 million shares. Particularly high volume was seen for the $90 stri...
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in ONEOK Inc (Symbol: OKE), where a total of 23,974 contracts have traded so far, representing approximately 2.4 million underlying shares. That amounts to about 47.3% of OKE's average daily trading volume over the past month of 5.1 million shares. Particularly high volume was seen for the $90 strike call option expiring March 20, 2026 , with 17,812 contracts trading so far today, representing approximately 1.8 million underlying shares of OKE. Below is a chart showing OKE's trailing twelve month trading history, with the $90 strike highlighted in orange: Comfort Systems USA Inc (Symbol: FIX) saw options trading volume of 2,013 contracts, representing approximately 201,300 underlying shares or approximately 43.4% of FIX's average daily trading volume over the past month, of 463,990 shares. Particularly high volume was seen for the $1260 strike put option expiring April 17, 2026, with 402 contracts trading so far today, representing approximately 40,200 underlying shares of FIX. Below is a chart showing FIX's trailing twelve month trading history, with the $1260 strike highlighted in orange: And HCA Healthcare Inc (Symbol: HCA) options are showing a volume of 4,644 contracts thus far today. That number of contracts represents approximately 464,400 underlying shares, working out to a sizeable 41.1% of HCA's average daily trading volume over the past month, of 1.1 million shares. Particularly high volume was seen for the $525 strike put option expiring September 18, 2026, with 1,920 contracts trading so far today, representing approximately 192,000 underlying shares of HCA. Below is a chart showing HCA's trailing twelve month trading history, with the $525 strike highlighted in orange: For the various different available expirations for OKE options, FIX options, or HCA options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » Also s...
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in CrowdStrike Holdings Inc (Symbol: CRWD), where a total of 30,610 contracts have traded so far, representing approximately 3.1 million underlying shares. That amounts to about 58.6% of CRWD's average daily trading volume over the past month of 5.2 million shares. Especially high volume was seen f...
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in CrowdStrike Holdings Inc (Symbol: CRWD), where a total of 30,610 contracts have traded so far, representing approximately 3.1 million underlying shares. That amounts to about 58.6% of CRWD's average daily trading volume over the past month of 5.2 million shares. Especially high volume was seen for the $410 strike put option expiring March 20, 2026 , with 2,238 contracts trading so far today, representing approximately 223,800 underlying shares of CRWD. Below is a chart showing CRWD's trailing twelve month trading history, with the $410 strike highlighted in orange: Mosaic Co (Symbol: MOS) saw options trading volume of 64,293 contracts, representing approximately 6.4 million underlying shares or approximately 56.7% of MOS's average daily trading volume over the past month, of 11.3 million shares. Especially high volume was seen for the $35 strike call option expiring January 15, 2027, with 12,383 contracts trading so far today, representing approximately 1.2 million underlying shares of MOS. Below is a chart showing MOS's trailing twelve month trading history, with the $35 strike highlighted in orange: And Vertex Pharmaceuticals, Inc. (Symbol: VRTX) options are showing a volume of 7,328 contracts thus far today. That number of contracts represents approximately 732,800 underlying shares, working out to a sizeable 52.6% of VRTX's average daily trading volume over the past month, of 1.4 million shares. Particularly high volume was seen for the $435 strike put option expiring March 27, 2026, with 5,242 contracts trading so far today, representing approximately 524,200 underlying shares of VRTX. Below is a chart showing VRTX's trailing twelve month trading history, with the $435 strike highlighted in orange: For the various different available expirations for CRWD options, MOS options, or VRTX options, visit StockOptionsChannel.com. Today's Most Active Call & Put Optio...