Shakeel Sha/iStock via Getty Images Thesis We started covering the 7.875% Notes Due 2029 ( TRINZ ) from Trinity Capital ( TRIN ) last year, when we assigned the debentures a 'Buy' rating. A lot has happened in the BDC space since, and today we are going to revisit the notes in light of the latest financial performance from TRIN and the market macro. Latest Financials show a robust performance The ...
Shakeel Sha/iStock via Getty Images Thesis We started covering the 7.875% Notes Due 2029 ( TRINZ ) from Trinity Capital ( TRIN ) last year, when we assigned the debentures a 'Buy' rating. A lot has happened in the BDC space since, and today we are going to revisit the notes in light of the latest financial performance from TRIN and the market macro. Latest Financials show a robust performance The company recently announced its latest quarterly financials: Income Statement (Company Presentation) The figures were robust, with a growth in the quarter in net investment income, figure which came in at $39.9 M. Please note this is the highest figure in the past five quarters. The number came from a higher investment income figure, while keeping operating expenses under control. The company did not magically increase its lending margins, but just lent more, with the balance sheet moving up: Balance Sheet (Company Presentation) Since December 2024 the total assets for the company moved up from $1.7 billion to $2.4 billion. The increase in net income is therefore the result of balance sheet expansion (company growing) rather than a meaningful change in the business model. We can see that from the leverage ratio, which has remained fairly constant: Leverage Ratio (Company Presentation) The current leverage ratio is 119% versus 108% at the end of 2024, but fairly in line with historic levels (we can see a 104% to 130% range here). The company does a good job of presenting relative analytics, and we can see the net income return on average assets slightly decreasing, but still elevated: NII Returns (Company Presentation) That ratio was at 15.5% as of the latest reporting, slightly down quarter on quarter, but still fairly elevated historically. The main takeaway here is that the company is growing by expanding its asset base, while the rest of the business model is not changing (i.e. same leverage ratio, same NII profitability). Now that we saw the company is growing, generatin...
On 3/13/26, George Weston Ltd's Preferred Shares Series IV (TSX: WN-PRD.TO ) will trade ex-dividend, for its quarterly dividend of $0.325, payable on 4/1/26. As a percentage of WN.PRD's recent share price of $23.54, this dividend works out to approximately 1.38%, so look for shares of WN.PRD to trade 1.38% lower — all else being equal — when WN.PRD shares open for trading on 3/13/26. On an annuali...
On 3/13/26, George Weston Ltd's Preferred Shares Series IV (TSX: WN-PRD.TO ) will trade ex-dividend, for its quarterly dividend of $0.325, payable on 4/1/26. As a percentage of WN.PRD's recent share price of $23.54, this dividend works out to approximately 1.38%, so look for shares of WN.PRD to trade 1.38% lower — all else being equal — when WN.PRD shares open for trading on 3/13/26. On an annualized basis, the current yield is approximately 5.53%. As of last close, WN.PRD was trading at a 6.00% discount to its liquidation preference amount. The chart below shows the one year performance of WN.PRD shares, versus WN: Below is a dividend history chart for WN.PRD, showing historical dividends prior to the most recent $0.325 on George Weston Ltd's Preferred Shares Series IV: In Wednesday trading, George Weston Ltd's Preferred Shares Series IV (TSX: WN-PRD.TO) is currently up about 0.2% on the day, while the common shares (TSX: WN.TO) are off about 1%. Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Binance is hoping that suing The Wall Street Journal for defamation might help shake off a fresh round of government probes into how the cryptocurrency exchange failed to detect $1.7 billion in transfers to a network that was funding Iran-backed terror groups. The lawsuit comes after a Wall Street Journal investigation , based on conversations with insiders and reviews of internal documents, repor...
Binance is hoping that suing The Wall Street Journal for defamation might help shake off a fresh round of government probes into how the cryptocurrency exchange failed to detect $1.7 billion in transfers to a network that was funding Iran-backed terror groups. The lawsuit comes after a Wall Street Journal investigation , based on conversations with insiders and reviews of internal documents, reported that Binance had quietly dismantled its own investigation into the unlawful transfers and then fired compliance staff who initially flagged them. Alleging that the report falsely accused Binance of retaliation—among 10 other allegedly false claims—Binance accused the Journal of conducting a "sham" investigation that intentionally disregarded the company's statements. That included supposedly failing to note that Binance had not closed its investigation into the unlawful transfers. Read full article Comments
Colombia is taking steps that could allow it to begin importing natural gas from Venezuela, Energy Minister Edwin Palma said. Venezuela’s state oil company PDVSA will repair about 5 kilometers of the Antonio Ricaurte pipeline on the Colombian side of the border, Palma said Wednesday in a post on X after meeting officials from PDVSA’s local unit. In the meantime Colombia will work to secure the per...
Colombia is taking steps that could allow it to begin importing natural gas from Venezuela, Energy Minister Edwin Palma said. Venezuela’s state oil company PDVSA will repair about 5 kilometers of the Antonio Ricaurte pipeline on the Colombian side of the border, Palma said Wednesday in a post on X after meeting officials from PDVSA’s local unit. In the meantime Colombia will work to secure the permits needed for the repairs to take place, he added. The move comes as Colombia grapples with a widening natural gas shortfall that has forced it to rely on costly liquefied natural gas imports, raising concerns over energy security and prices. Reopening the pipeline would help ease supply pressures at home while offering Venezuela a path to monetize part of its vast gas reserves. The 224-kilometer (139-mile) pipeline, built in 2007 to export Colombian gas to Venezuela, has been idle for more than a decade after Venezuela’s economic crisis and US sanctions derailed the arrangement. It will require significant repairs and regulatory approvals before gas can flow westward into Colombia. The existing contract that allows gas trade between the two countries is between Ecopetrol SA and PDVSA. Ecopetrol CEO Ricardo Roa said last week that a new request had been sent to the US Treasury seeking the lifting of sanctions or a special license to allow repairs to the pipeline. PDVSA did not immediately respond to questions about when and how work on the Venezuelan side of the border would take place.
is a senior editor and founding member of The Verge who covers gadgets, games, and toys. He spent 15 years editing the likes of CNET, Gizmodo, and Engadget. Posts from this author will be added to your daily email digest and your homepage feed. Microsoft seems more determined than ever to combine Xbox and Windows — to the point that its next-gen Xbox, codenamed Project Helix, will play PC games to...
is a senior editor and founding member of The Verge who covers gadgets, games, and toys. He spent 15 years editing the likes of CNET, Gizmodo, and Engadget. Posts from this author will be added to your daily email digest and your homepage feed. Microsoft seems more determined than ever to combine Xbox and Windows — to the point that its next-gen Xbox, codenamed Project Helix, will play PC games too. Today, we learned Helix will go alpha in 2027. But the company isn’t waiting for Helix before it points Windows gamers in the Xbox direction. Starting in April, it’s bringing its full-screen Xbox mode to every kind of Windows 11 PC, including laptops, desktops, and tablets. And it’s renamed it “Xbox mode.” Technically, you’ve been able to try the Xbox Full Screen Experience (FSE) in preview since November 2025, if you were part of both the Windows Insider and Xbox Insider Programs. But it needed work, as well as a better name. When Microsoft originally shipped it on the Asus-designed Xbox Ally and Xbox Ally X handhelds, we were clear: it didn’t meaningfully turn a PC experience into an easy-to-use Xbox one. But if Microsoft is putting its full weight behind PC as the future of Xbox gaming, perhaps that will change change. It certainly hasn’t stopped updating the Xbox Ally; the pricier version now feels downright reliable, which is not something I’ve generally accused Windows handhelds of before. Here at the 2026 Game Developers Conference, Microsoft also says it’s opening up Advanced Shader Delivery to all developers in the Xbox store, letting them speed up game load times by sending precompiled shaders when you download games there. (I’ve heard it’s a common technique on consoles, and Valve offers precompiled shaders with Steam.) And, it’s hinting that it will bring classic Xbox games to PC, too: “As part of our 25th anniversary later this year, we’ll be rolling out new ways to play some of the most iconic games from our past.” If you consider yourself technical, you ma...
On 3/13/26, Mid-America Apartment Communities Inc's 8 1/2% Series A Cumulative Redeemable Preferred Shares (Symbol: MAA.PRI) will trade ex-dividend, for its quarterly dividend of $1.0625, payable on 3/31/26. As a percentage of MAA.PRI's recent share price of $53.86, this dividend works out to approximately 1.97%, so look for shares of MAA.PRI to trade 1.97% lower — all else being equal — when MAA....
On 3/13/26, Mid-America Apartment Communities Inc's 8 1/2% Series A Cumulative Redeemable Preferred Shares (Symbol: MAA.PRI) will trade ex-dividend, for its quarterly dividend of $1.0625, payable on 3/31/26. As a percentage of MAA.PRI's recent share price of $53.86, this dividend works out to approximately 1.97%, so look for shares of MAA.PRI to trade 1.97% lower — all else being equal — when MAA.PRI shares open for trading on 3/13/26. On an annualized basis, the current yield is approximately 7.90%, which compares to an average yield of 8.07% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of MAA.PRI shares, versus MAA: Below is a dividend history chart for MAA.PRI, showing historical dividends prior to the most recent $1.0625 on Mid-America Apartment Communities Inc's 8 1/2% Series A Cumulative Redeemable Preferred Shares: According to the ETF Finder at ETF Channel, Mid-America Apartment Communities Inc (Symbol: MAA) makes up 4.72% of the SP Funds S&P Global REIT Sharia ETF (SPRE) which is trading lower by about 0.9% on the day Wednesday. (see other ETFs holding MAA). In Wednesday trading, Mid-America Apartment Communities Inc's 8 1/2% Series A Cumulative Redeemable Preferred Shares (Symbol: MAA.PRI) is currently up about 0.1% on the day, while the common shares (Symbol: MAA) are down about 1.7%. Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
England’s Six Nations finale in Paris on Saturday could descend into farce with France set to wear a special edition pale blue kit that threatens to clash with the white strip worn by Steve Borthwick’s side. Fabian Galthié’s side have confirmed they will don the anniversary kit, which is significantly lighter than their traditional blue strip, for a match that marks 120 years of rivalry between Fr...
England’s Six Nations finale in Paris on Saturday could descend into farce with France set to wear a special edition pale blue kit that threatens to clash with the white strip worn by Steve Borthwick’s side. Fabian Galthié’s side have confirmed they will don the anniversary kit, which is significantly lighter than their traditional blue strip, for a match that marks 120 years of rivalry between France and England. It is understood, however, that England will still wear their traditional white kit despite the potential for a clash. Match officials are also understood to have given both kits the green light. Six Nations organisers have been wary of issues with kits in the past and no longer permit Wales and Ireland to wear predominantly red and green strips respectively due to the difficulty colour-blind spectators have in differentiating between the two sets of players. Organisers have said that World Rugby has also given its approval to the two kits being used on Saturday, however. England have confirmed they will wear white but not at their insistence. “Drawing directly from the history of the rivalry, the design of the match jersey – and its replica version – references the original light blue jersey worn by the French team in 1906 for their first fixture against England,” read a French federation statement. France are gunning for the title despite last week’s defeat by Scotland and will know exactly what they need to do to defend their crown when they kick off against England. They head into the final weekend top of the table on points difference and regardless of what happens earlier in the day between Ireland and Scotland, it is almost certain they would secure the title with a bonus point win. England, meanwhile, will be condemned to their worst ever Six Nations campaign should they fail to claim a first away win against France since 2016. France’s grand slam hopes were ended by Scotland at Murrayfield last weekend but Ollie Chessum, who has been recalled to t...
The US Treasury Department building is seen in Washington, DC. Saul Loeb | Afp | Getty Images The U.S. budget deficit surpassed $1 trillion for the fiscal year through February but was sharply lower than the same period a year earlier, Treasury Department data showed Wednesday. Outlays exceeded receipts by $308 billion in February, roughly in line with the deficit recorded in the same month a year...
The US Treasury Department building is seen in Washington, DC. Saul Loeb | Afp | Getty Images The U.S. budget deficit surpassed $1 trillion for the fiscal year through February but was sharply lower than the same period a year earlier, Treasury Department data showed Wednesday. Outlays exceeded receipts by $308 billion in February, roughly in line with the deficit recorded in the same month a year ago. For the fiscal year to date, the deficit totaled $1.004 trillion, about 12% lower than the comparable period in 2025, as government revenues rose faster than spending. Helping narrow the gap was a sharp increase in tariff collections . Customs duties totaled $151 billion through the first five months of the fiscal year, up about $113 billion, or 294%, from a year earlier. The recent Supreme Court decision striking down many of President Donald Trump's tariffs has not shown up in the data yet. Economists say that could reflect duties collected earlier still being processed, a possible surge in imports ahead of the ruling, and lingering questions over whether and to what extent the U.S. will need to issue refunds on tariffs already collected. Moreover, Trump has imposed additional tariffs since the decision that could continue to boost customs revenue. Corporate tax revenue also declined sharply, falling $27 billion, or 17%, from a year earlier. For the fiscal year to date, tariff revenues have actually exceeded corporate tax receipts, an unusual shift. Elevated interest rates also continued to weigh on the federal fiscal picture. Net interest payments on the nearly $39 trillion national debt totaled $79 billion in February, more than any category except Social Security, income security — which includes programs such as unemployment insurance, housing assistance and food aid — and health care. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
This article first appeared on GuruFocus. Oracle (NYSE:ORCL) shares moved sharply higher in extended trading after the company delivered results that suggest demand for artificial intelligence infrastructure may still be accelerating. Revenue from Oracle's closely watched cloud infrastructure segment climbed 84% to $4.9 billion in the quarter ended Feb. 28, exceeding expectations for a 79% increas...
This article first appeared on GuruFocus. Oracle (NYSE:ORCL) shares moved sharply higher in extended trading after the company delivered results that suggest demand for artificial intelligence infrastructure may still be accelerating. Revenue from Oracle's closely watched cloud infrastructure segment climbed 84% to $4.9 billion in the quarter ended Feb. 28, exceeding expectations for a 79% increase and advancing from the 68% growth recorded in the previous quarter. Total revenue rose 22% to $17.2 billion, while adjusted earnings reached $1.79 per share, topping estimates for $1.70. The company also projected that total revenue could reach about $90 billion in the fiscal year beginning in June, compared with analyst expectations of $86.7 billion. The momentum appears closely tied to large-scale AI infrastructure contracts with customers including OpenAI and Meta Platforms, as Oracle expands its role supplying chip-packed data centers used for training and deploying AI models. Remaining performance obligations increased to $553 billion from $523 billion in the prior quarter, reflecting additional long-term AI agreements in which customers fund the upfront semiconductor purchases. Co-Chief Executive Officer Clay Magouyrk said roughly 90% of cloud capacity during the quarter was delivered on or ahead of schedule, while the company indicated that demand for AI cloud computing may still be growing faster than available supply. At the same time, Oracle's expansion into AI infrastructure is driving significant investment. Capital expenditures totaled about $18.6 billion in the fiscal third quarter, exceeding expectations for roughly $14 billion, and the company maintained its projection for about $50 billion in capital spending in the current fiscal year as it builds out data-center capacity. Oracle also said advances in AI-assisted coding could allow the company to restructure product development teams and produce software faster with fewer employees, part of broader cost-...
The following companies are expected to report earnings after hours on 03/11/2026. Visit our Earnings Calendar for a full list of expected earnings releases. The Descartes Systems Group Inc. (DSGX)is reporting for the quarter ending January 31, 2026. The computer software company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.50. This value represents a 16....
The following companies are expected to report earnings after hours on 03/11/2026. Visit our Earnings Calendar for a full list of expected earnings releases. The Descartes Systems Group Inc. (DSGX)is reporting for the quarter ending January 31, 2026. The computer software company's consensus earnings per share forecast from the 2 analysts that follow the stock is $0.50. This value represents a 16.28% increase compared to the same quarter last year. Zacks Investment Research reports that the 2026 Price to Earnings ratio for DSGX is 33.02 vs. an industry ratio of 18.30, implying that they will have a higher earnings growth than their competitors in the same industry. UiPath, Inc. (PATH)is reporting for the quarter ending January 31, 2026. The internet software company's consensus earnings per share forecast from the 6 analysts that follow the stock is $0.12. This value represents a 20.00% increase compared to the same quarter last year. In the past year PATH and beat the expectations the other three quarters. Zacks Investment Research reports that the 2026 Price to Earnings ratio for PATH is 77.27 vs. an industry ratio of 68.30, implying that they will have a higher earnings growth than their competitors in the same industry. Aris Mining Corporation (ARIS)is reporting for the quarter ending December 31, 2025. The gold mining company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.54. This value represents a 285.71% increase compared to the same quarter last year. Zacks Investment Research reports that the 2025 Price to Earnings ratio for ARIS is 16.09 vs. an industry ratio of -20.60, implying that they will have a higher earnings growth than their competitors in the same industry. Aris Mining Corporation (ARIS)is reporting for the quarter ending December 31, 2025. The gold mining company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.54. This value represents a 285.71% increase compared t...
With AI igniting an investor frenzy, more startups are achieving unicorn status every month. Using data from Crunchbase and PitchBook, TechCrunch tracked down the VC-backed startups that became unicorns in 2026. While most are AI-related, a surprising number are focused on other industries like health care and even a few crypto companies. This list will be updated throughout the year. February Pos...
With AI igniting an investor frenzy, more startups are achieving unicorn status every month. Using data from Crunchbase and PitchBook, TechCrunch tracked down the VC-backed startups that became unicorns in 2026. While most are AI-related, a surprising number are focused on other industries like health care and even a few crypto companies. This list will be updated throughout the year. February Positron — $1 billion: This AI semiconductor startup was founded in 2023 and announced a $230 million Series B in February. It’s now raised more than $300 million in funding to date from investors like Valor Equity Partners and Jump Trading, according to Pitchbook. Skyryse — $1.1 billion: This semi-automated flight operating system, founded in 2016, last raised a $300 million Series C. It has raised more than $540 million in funding from investors like Autopilot Ventures, Fidelity and Venrock, according to Pitchbook. TRM Labs — $1 billion: This platform helps crypto businesses investigate and prevent fraud. It was founded in 2018 and last raised a $70 million Series C. It has raised around $219 million in funding to date from investors like Bessemer Venture Partners and PayPal Ventures, according to Pitchbook. Midi Health — $1 billion: This telemedicine platform aimed at menopausal health was founded in 2021. It last raised a $100 million Series D. It has raised more than $250 million in funding to date from investors like GV and Emerson Collective, according to Pitchbook. Lunar Energy — $1 billion: This company makes batteries for homeowners to store their own energy. Founded in 2020, last raised a $102 million in Series D. It has raised more than $230 million in funding to date from investors like B Capital and Prelude Ventures, according to Pitchbook. Techcrunch event Disrupt 2026: The tech ecosystem, all in one room Your next round. Your next hire. Your next breakout opportunity. Find it at TechCrunch Disrupt 2026, where 10,000+ founders, investors, and tech leaders gather...
Key Points It's said that 75% of quantum computing companies use Nvidia's CUDA-Q platform. Alphabet says quantum computing development is at the same stage that artificial intelligence (AI) was just five years ago. Amazon has developed its own quantum processor and already sells quantum computing cloud services via AWS. 10 stocks we like better than Nvidia › Quantum computing could grow to become ...
Key Points It's said that 75% of quantum computing companies use Nvidia's CUDA-Q platform. Alphabet says quantum computing development is at the same stage that artificial intelligence (AI) was just five years ago. Amazon has developed its own quantum processor and already sells quantum computing cloud services via AWS. 10 stocks we like better than Nvidia › Quantum computing could grow to become a $100 billion market by 2035, according to McKinsey estimates, and tech companies of all shapes and sizes are trying to position themselves to grab hold of it now. But while the smaller quantum computing stocks get most of the attention, the legacy tech giants are quietly making big strides in this space. Here's why Nvidia (NASDAQ: NVDA), Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG), and Amazon (NASDAQ: AMZN) are some of the best quantum computing stocks to buy right now. 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 » 1. Nvidia wins no matter which quantum computing tech takes off Nvidia isn't the obvious quantum computing play, but it deserves to be on this list. Many quantum computers work in tandem with traditional computers to improve error correction and speed up certain processing. These hybrid systems could be the future of computing, and Nvidia is already at the center of it. The company's CUDA-Q platform serves as a bridge between quantum and traditional computing and has become a critical part of these systems, with an estimated 75% of quantum computing companies using it. Nvidia has also made some early investments in quantum computing companies through its venture arm, NVentures. The company has invested at least $1.8 billion in quantum computing technologies, including trapped-ion, neutral-atom, and photonic quantum computing, helping spread its bets across whichever technology becomes the domina...
'Scientists' Dump 65,000 Liters Of Chemicals Into Ocean In Geoengineering Experiment Authored by Steve Watson via Modernity.news, In a move that’s raising alarm, researchers have poured 65,000 litres of sodium hydroxide into the Gulf of Maine, claiming it’s a step toward combating climate change through geoengineering. With unknown effects on marine life, many are worried this experiment reeks of ...
'Scientists' Dump 65,000 Liters Of Chemicals Into Ocean In Geoengineering Experiment Authored by Steve Watson via Modernity.news, In a move that’s raising alarm, researchers have poured 65,000 litres of sodium hydroxide into the Gulf of Maine, claiming it’s a step toward combating climate change through geoengineering. With unknown effects on marine life, many are worried this experiment reeks of tinkering that could backfire. The trial, dubbed the LOC-NESS project, took place off the Massachusetts coast last August, with scientists from the Woods Hole Oceanographic Institution leading the charge. Stop this now!! Every single time arrogant men mess with nature it's a natural disaster Scientists pump tonnes of chemicals into ocean to stop global warming https://t.co/PXEVDsaug6 — Liz Williams (@Liz4Littletons) March 10, 2026 They argue that boosting ocean alkalinity could suck more CO2 from the atmosphere, turning it into harmless baking soda. Yet, as globalist agendas push these unproven fixes, freedom-loving skeptics see it as another layer of control over nature without public consent. Over four days, the team added the alkaline chemical, tagged with red dye for tracking, to waters 50 miles off Boston. “These early results demonstrate that small-scale OAE deployments can be engineered, tracked, and monitored with high precision,” said principal investigator Adam Subhas of the Woods Hole Oceanographic Institute. “We need independent, transparent research to determine which solutions might work.” The method, known as Ocean Alkalinity Enhancement (OAE), aims to mimic and accelerate the ocean’s natural CO2 absorption. As the document details, the oceans already trap around 38,000 billion tonnes of CO2 as dissolved sodium bicarbonate. By resetting the pH with sodium hydroxide, the scientists boosted it from 7.95 to 8.3—matching pre-industrial levels—and measured 10 tonnes of carbon entering the water immediately. In the best-case scenario, they estimate the dump could a...
InterDigital is an interesting company. It's a member of the IGV Software ETF , but StockCharts classifies it as a Semiconductor company. Upon further digging, though, it's neither: InterDigital actually is a patent licensing company that invents wireless and video technologies like 5G and Wi-Fi and collects royalties from device makers without making any physical products. It just gets classified...
InterDigital is an interesting company. It's a member of the IGV Software ETF , but StockCharts classifies it as a Semiconductor company. Upon further digging, though, it's neither: InterDigital actually is a patent licensing company that invents wireless and video technologies like 5G and Wi-Fi and collects royalties from device makers without making any physical products. It just gets classified into software since it doesn't make hardware. Regardless, it stands out to me because it is close to breaking out, despite the general underperformance in growth names in recent months. It's not as though InterDigital has been completely immune to sell-offs. In fact, the stock has been working to recover after enduring a near-30% decline in early 2026. But by stabilizing and then regrouping constructively, Interdigital has now traced out a bullish inverse head-and-shoulders pattern with an upward-sloping neckline. Rising resistance Patterns with a rising resistance line can sometimes be more challenging to resolve, since they require a steady and sustained advance for the stock to clear — and then remain above — the breakout zone. But the setup could be worth the patience, as the measured move projects an upside target of roughly 20% higher, near $462, which would place the stock meaningfully above its October 2025 high. From a trade-management perspective, this structure remains valid as long as InterDigital holds above $343, the low of the pattern's right shoulder. That level serves as the natural stop-loss point, which is typically how we manage chart-related trade ideas for CappThesis clients. In other words, as long as the technical pattern that prompted the trade remains intact, we stay with the position. If that foundation is violated, however, we simply cut the loss and move on to the next opportunity. Bullish formations Zooming out to the three-year chart on a log scale shows just how effectively InterDigital has leveraged similar bullish formations in the past. W...
Editor's note: Seeking Alpha is proud to welcome Ryan Fuhrmann as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » jetcityimage/iStock Editorial via Getty Images Off-price retailer TJX Companies ( TJX ) reported it...
Editor's note: Seeking Alpha is proud to welcome Ryan Fuhrmann as a new contributing analyst. You can become one too! Share your best investment idea by submitting your article for review to our editors. Get published, earn money, and unlock exclusive SA Premium access. Click here to find out more » jetcityimage/iStock Editorial via Getty Images Off-price retailer TJX Companies ( TJX ) reported its fourth quarter and full-year results on 25 February. The results were strong and not at all surprising to shareholders, who have grown spoiled by the firm’s steady and profitable growth. Despite a rich valuation, I'm bullish on TJX's growth prospects in the coming years. TJX - Company Overview TJX describes itself as an off-price retailer of clothing and home fashions. It ended its fiscal year (results reported February 25) with more than 5,200 stores in nine countries. The vast majority of stores are in the United States, and those most familiar to shoppers include the TJ Maxx, Marshalls, and HomeGoods stores. Total gross retailing space is a massive 136.3 million square feet. The company is ranked 80 among the Fortune 500 in terms of total size. Management sees the potential for more than 7,000 stores across the globe, for 40% expansion potential from current levels. Its "Marmaxx" business unit consists of the TJ Maxx and Marshalls stores, which account for just over half of total stores. But the smaller concepts in HomeGoods (943 stores) and HomeSense (72) have perhaps the greatest sales potential. TJX also breaks out its Canadian stores in another business segment, which has grown to 576 stores. Finally, international stores are up to 814 as of the current year-end. TJX cites what it believes are its primary competitive advantages in its company background presentation . This includes its off-price focus, where prices are anywhere between 20% and 60% off full-price retail. This is driven by 1,300 employees who buy merchandise locally and opportunistically. This decent...