Merck KGaA (MKKGY) came out with quarterly earnings of $0.28 per share, missing the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.54 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -40.43%. A quarter ago, it was expected that this company would post earnings of $0.54 per share when it ...
Merck KGaA (MKKGY) came out with quarterly earnings of $0.28 per share, missing the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.54 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -40.43%. A quarter ago, it was expected that this company would post earnings of $0.54 per share when it actually produced earnings of $0.81, delivering a surprise of +50%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Merck KGaA, which belongs to the Zacks Medical - Drugs industry, posted revenues of $6.11 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 0.69%. This compares to year-ago revenues of $5.78 billion. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Merck KGaA shares have added about 0.4% since the beginning of the year versus the S&P 500's gain of 0.4%. What's Next for Merck KGaA? While Merck KGaA has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earn...
Canadian Natural Resources (CNQ) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +11.32%. A quarter ago, it was expected that this oil and natural gas company would post ea...
Canadian Natural Resources (CNQ) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +11.32%. A quarter ago, it was expected that this oil and natural gas company would post earnings of $0.54 per share when it actually produced earnings of $0.62, delivering a surprise of +14.81%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Canadian Natural Resources, which belongs to the Zacks Oil and Gas - Exploration and Production - Canadian industry, posted revenues of $6.89 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 4.09%. This compares to year-ago revenues of $6.77 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Canadian Natural Resources shares have added about 30.5% since the beginning of the year versus the S&P 500's gain of 0.4%. What's Next for Canadian Natural Resources? While Canadian Natural Resources has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating t...
By many accounts, Americans are feeling uncertain about the future. A survey from the Pew Research Center found that more than 70% of Americans have a negative view of the economy, with 38% expecting economic conditions to worsen. The Motley Fool's 2026 Investor Outlook report also found that 45% of survey participants worry that inflation will stay stubbornly high, and 37% are concerned about a w...
By many accounts, Americans are feeling uncertain about the future. A survey from the Pew Research Center found that more than 70% of Americans have a negative view of the economy, with 38% expecting economic conditions to worsen. The Motley Fool's 2026 Investor Outlook report also found that 45% of survey participants worry that inflation will stay stubbornly high, and 37% are concerned about a weakening labor market. While nobody can say exactly what the market will do this year, Warren Buffett has some wise words for investors navigating times like these. The Buffett indicator is sounding the alarm In the late 1990s, Buffett predicted that the dot-com bubble would turn into a bear market. One of the metrics he used was the ratio between the total value of the U.S. stock market and U.S. GDP -- now nicknamed the Buffett indicator. After the tech bubble burst, Buffett explained the specifics of how he uses this indicator in an interview with Fortune Magazine. "For me, the message of that chart is this: If the percentage relationship falls to the 70% or 80% area, buying stocks is likely to work very well for you," he noted. "If the ratio approaches 200% -- as it did in 1999 and a part of 2000 -- you are playing with fire." The Buffett indicator measures whether the overall market is over- or undervalued. The higher the ratio, the more overvalued stocks might be. As of this writing, the Buffett indicator sits at close to 220%. Is a stock market crash coming? It's important to note that no stock market metric can predict the future with 100% accuracy, as past performance doesn't forecast future returns. The Buffett indicator, specifically, may not be as accurate now as it once was. Company valuations have skyrocketed as the tech industry continues to grow, so it's normal, to a degree, for this indicator to be on the higher side. That doesn't necessarily mean the market isn't overvalued, but the metric surpassing 200% in 2026 may not carry as much weight as it would hav...
Lumen (LUMN +0.36%) stock got hit with a substantial valuation pullback in February. The company's share price declined 19.4% in a month that saw the S&P 500 decline 0.9% and the Nasdaq Composite fall 3.4%. Lumen's valuation saw a decline in conjunction with the publication of the company's fourth-quarter results and selling pressures impacting the broader artificial intelligence (AI) space. On th...
Lumen (LUMN +0.36%) stock got hit with a substantial valuation pullback in February. The company's share price declined 19.4% in a month that saw the S&P 500 decline 0.9% and the Nasdaq Composite fall 3.4%. Lumen's valuation saw a decline in conjunction with the publication of the company's fourth-quarter results and selling pressures impacting the broader artificial intelligence (AI) space. On the other hand, the stock did see some valuation recovery following its investor-day conference. Lumen stock sank after earnings Lumen published its fourth-quarter results after the market closed on Feb. 3, posting earnings that were far better than Wall Street's target and sales that were roughly in line with expectations. The business reported non-GAAP (adjusted) earnings per share of $0.23 on sales of $3.04 billion. For comparison, the average analyst estimate had called for an adjusted loss of $0.27 per share. Despite the big earnings beat, investors focused more on the sales picture following the report. Revenue was down 8.7% year over year, For 2026, Lumen is guiding for free cash flow to come in between $1.2 billion and $1.4 billion and for capital expenditures to be between $3.2 billion and $3.4 billion. Meanwhile, adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are projected to be between $3.1 billion and $3.3 billion. Expand NYSE : NOW ServiceNow Today's Change ( 0.59 %) $ 0.67 Current Price $ 113.86 Key Data Points Market Cap $119B Day's Range $ 111.50 - $ 115.21 52wk Range $ 98.00 - $ 211.48 Volume 14K Avg Vol 17M Gross Margin 77.53 % Following its Q4 report, Lumen hosted an investor-day conference on Feb. 25 and laid out some longer-term growth targets. Management expects that the business's adjusted EBITDA margin will have increased from 27.1% last year to a mid-30% range and said that the business is repositioning to deliver reliable growth for earnings and free cash flow. The company also announced that it had $13 billion in p...
mphillips007/iStock via Getty Images I previewed Energy Transfer's ( ET ) Q4 results recently, calling it the partnership's most important earnings report in years. The key question that I asked heading into the report was, how are they going to be approaching capital allocation moving forward, given that they were posting such strong growth numbers, while at the same time, ET had already achieved...
mphillips007/iStock via Getty Images I previewed Energy Transfer's ( ET ) Q4 results recently, calling it the partnership's most important earnings report in years. The key question that I asked heading into the report was, how are they going to be approaching capital allocation moving forward, given that they were posting such strong growth numbers, while at the same time, ET had already achieved their leverage target, and had substantial distribution coverage? In this article, I will take a look at the Q4 results, and update my outlook for ET moving forward. Record Operating Volumes Drive A Massive EBITDA Milestone ET delivered a solid quarter, with the company posting several records for the fiscal year, including: crude oil transportation volumes, which are up 6% year-over-year, NGL fractionation volumes, which are up 2% year-over-year, record NGL transportation volumes, up 6% year-over-year, total NGL exports, which are up 9% year-over-year, midstream gathered volumes, up 5% year-over-year, record interstate natural gas transport, which was up 7% year-over-year. This helped the company deliver a record adjusted EBITDA of nearly $16 billion for the full year, which was nearly four times its total growth capital expenditures of $4.5 billion. Strategic Decisions That Could Shape The Next Decade Of Growth The company also continued to deliver on numerous strategic initiatives, including: completing open seasons on FGT for two new projects, adding a connection to serve three new power plant loads in Oklahoma, which they expect to come online in Q2 of this year, beginning to flow gas on the first pipeline lateral to a data center campus near Abilene, Texas, announcing increased pipe diameter on the Desert Southwest Expansion Project to increase capacity there, suspending the development of the Lake Charles LNG project, That last decision was probably the most significant because it showed capital discipline for the management team by avoiding chasing after a riskier ...
Key Points Lumen posted a big earnings beat in Q4, but the stock still fell following the quarterly report. Some investors had been hoping for stronger sales last quarter. Geopolitical volatility has spurred additional sell-offs in March. 10 stocks we like better than Lumen Technologies › Lumen (NYSE: LUMN) stock got hit with a substantial valuation pullback in February. The company's share price ...
Key Points Lumen posted a big earnings beat in Q4, but the stock still fell following the quarterly report. Some investors had been hoping for stronger sales last quarter. Geopolitical volatility has spurred additional sell-offs in March. 10 stocks we like better than Lumen Technologies › Lumen (NYSE: LUMN) stock got hit with a substantial valuation pullback in February. The company's share price declined 19.4% in a month that saw the S&P 500 decline 0.9% and the Nasdaq Composite fall 3.4%. Lumen's valuation saw a decline in conjunction with the publication of the company's fourth-quarter results and selling pressures impacting the broader artificial intelligence (AI) space. On the other hand, the stock did see some valuation recovery following its investor-day conference. 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 » Lumen stock sank after earnings Lumen published its fourth-quarter results after the market closed on Feb. 3, posting earnings that were far better than Wall Street's target and sales that were roughly in line with expectations. The business reported non-GAAP (adjusted) earnings per share of $0.23 on sales of $3.04 billion. For comparison, the average analyst estimate had called for an adjusted loss of $0.27 per share. Despite the big earnings beat, investors focused more on the sales picture following the report. Revenue was down 8.7% year over year, For 2026, Lumen is guiding for free cash flow to come in between $1.2 billion and $1.4 billion and for capital expenditures to be between $3.2 billion and $3.4 billion. Meanwhile, adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are projected to be between $3.1 billion and $3.3 billion. Following its Q4 report, Lumen hosted an investor-day conference on Feb. 25 and laid out some longer-term growth targ...
Key Points Many investors are worried that a market downturn is on the horizon. The Buffett indicator has a stark warning for Wall Street right now. The right strategy is key to pulling through periods of volatility. These 10 stocks could mint the next wave of millionaires › By many accounts, Americans are feeling uncertain about the future. A survey from the Pew Research Center found that more th...
Key Points Many investors are worried that a market downturn is on the horizon. The Buffett indicator has a stark warning for Wall Street right now. The right strategy is key to pulling through periods of volatility. These 10 stocks could mint the next wave of millionaires › By many accounts, Americans are feeling uncertain about the future. A survey from the Pew Research Center found that more than 70% of Americans have a negative view of the economy, with 38% expecting economic conditions to worsen. The Motley Fool's 2026 Investor Outlook report also found that 45% of survey participants worry that inflation will stay stubbornly high, and 37% are concerned about a weakening labor market. 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 » While nobody can say exactly what the market will do this year, Warren Buffett has some wise words for investors navigating times like these. The Buffett indicator is sounding the alarm In the late 1990s, Buffett predicted that the dot-com bubble would turn into a bear market. One of the metrics he used was the ratio between the total value of the U.S. stock market and U.S. GDP -- now nicknamed the Buffett indicator. After the tech bubble burst, Buffett explained the specifics of how he uses this indicator in an interview with Fortune Magazine. "For me, the message of that chart is this: If the percentage relationship falls to the 70% or 80% area, buying stocks is likely to work very well for you," he noted. "If the ratio approaches 200% -- as it did in 1999 and a part of 2000 -- you are playing with fire." The Buffett indicator measures whether the overall market is over- or undervalued. The higher the ratio, the more overvalued stocks might be. As of this writing, the Buffett indicator sits at close to 220%. Is a stock market crash coming? It's important to note ...
China Halts Diesel, Gasoline Exports As Paralyzed Hormuz Risks Energy Shock Less than one week into Operation Epic Fury, Beijing has ordered its top refiners to halt gasoline and diesel exports as the Strait of Hormuz remained paralyzed on Thursday morning. The move exposes how China is one of the biggest losers in a prolonged Hormuz shutdown, with Beijing appearing to brace for an oil shock. Beij...
China Halts Diesel, Gasoline Exports As Paralyzed Hormuz Risks Energy Shock Less than one week into Operation Epic Fury, Beijing has ordered its top refiners to halt gasoline and diesel exports as the Strait of Hormuz remained paralyzed on Thursday morning. The move exposes how China is one of the biggest losers in a prolonged Hormuz shutdown, with Beijing appearing to brace for an oil shock. Beijing is scrambling after panicking at the start of the week and calling for an immediate ceasefire in the U.S.-Iran conflict. Since then, Iraq has begun cutting crude oil output, and Wednesday brought another major energy shock: Qatar’s massive LNG export operation declared force majeure , effectively removing about 20% of global LNG supply from the market, with roughly 80% of those volumes normally headed to Asia. Bloomberg sources say that officials from the National Development and Reform Commission, China's top economic planner, called for an immediate temporary suspension of refined crude product exports on Thursday. Chinese officials told top domestic refiners to halt any new export deals and cancel existing shipments, though jet and bunker fuel in bonded storage, along with supplies to Hong Kong and Macau, are exempt. NDRC's decision is merely viewed as a way for Beijing protect domestic fuel supply and energy security. We've made it very well known to readers that China is heavily exposed to Gulf energy. We've briefed readers ( read here ) that China is heavily exposed to cheap Iranian crude exports. About 80% of Iran's oil exports - about 1.6 million barrels per day - go to China. ... and so is the rest of Asia. We asked a very important question on Wednesday evening: "Will Trump Seize Or Destroy Iran's Oil Export Island?" Crude oil futures for April on the Shanghai International Exchange (priced in dollars) are near $100/bbl. However, there is some good news overnight: China-Linked Bulk Carrier Exits Strait Of Hormuz Without Incident Any sustained closure of the cr...
Dubai has become known as the “Switzerland of the Middle East” because of its safety and wealth. The Iran War could change that, Bloomberg Opinion columnist Lionel Laurent says. (Source: Bloomberg)
Dubai has become known as the “Switzerland of the Middle East” because of its safety and wealth. The Iran War could change that, Bloomberg Opinion columnist Lionel Laurent says. (Source: Bloomberg)
US equity futures waver and oil and natural gas rise amid mounting disruption to energy markets from the war in the Middle East. Anthropic resumes security talks with the Pentagon. ECB Governing Council Member Olli Rehn says the central bank should stick to its data-focused approach on interest rates amid the Iran war. Geoffrey Yu of BNY discusses the volatility in emerging market currencies. (Sou...
US equity futures waver and oil and natural gas rise amid mounting disruption to energy markets from the war in the Middle East. Anthropic resumes security talks with the Pentagon. ECB Governing Council Member Olli Rehn says the central bank should stick to its data-focused approach on interest rates amid the Iran war. Geoffrey Yu of BNY discusses the volatility in emerging market currencies. (Source: Bloomberg)
Victoria’s Secret press release ( VSCO ): Q4 Non-GAAP EPS of $2.77 beats by $0.24 . Revenue of $2.27B (+8.1% Y/Y) beats by $40M . The Company is forecasting net sales for the first quarter of 2026 to be in the range of $1.490 billion to $1.525 billion vs $1.42B consensus compared to net sales of $1.353 billion for the first quarter of 2025. At this forecasted level of net sales, operating income f...
Victoria’s Secret press release ( VSCO ): Q4 Non-GAAP EPS of $2.77 beats by $0.24 . Revenue of $2.27B (+8.1% Y/Y) beats by $40M . The Company is forecasting net sales for the first quarter of 2026 to be in the range of $1.490 billion to $1.525 billion vs $1.42B consensus compared to net sales of $1.353 billion for the first quarter of 2025. At this forecasted level of net sales, operating income for the first quarter of 2026 is expected to be in the range of $32 million to $42 million compared to adjusted operating income of $32 million for the first quarter of 2025. The Company is forecasting fiscal year 2026 net sales to be in the range of $6.850 billion to $6.950 billion vs $6.77B consensus compared to net sales of $6.553 billion in fiscal year 2025. At this forecasted level of net sales, operating income for fiscal year 2026 is expected to be in the range of $430 million to $460 million compared to fiscal year 2025 adjusted operating income of $403 million. Shares +3.3% PM. More on Victoria’s Secret Victoria's Secret: Earnings Quality Has Significantly Improved Victoria's Secret: A Glamorous Comeback In The Making - Hold Victoria's Secret: The Brand Is Regaining Momentum Victoria’s Secret Q4 2026 Earnings Preview Longtime Victoria's Secret owner Les Wexner appears in Epstein files as 'co-conspirator'
WendellandCarolyn Kroger Co. ( KR ) moved lower in premarket trading on Thursday after releasing its FQ4 earnings report. The grocery store operator said identical-store sales excluding fuel increased 2.4% for the quarter to come in slightly behind the expectation of analysts for a rise of 2.5%. Total revenue was up 1.3% year over year to $34.7B but missed the consensus expectation by $300M. Adjus...
WendellandCarolyn Kroger Co. ( KR ) moved lower in premarket trading on Thursday after releasing its FQ4 earnings report. The grocery store operator said identical-store sales excluding fuel increased 2.4% for the quarter to come in slightly behind the expectation of analysts for a rise of 2.5%. Total revenue was up 1.3% year over year to $34.7B but missed the consensus expectation by $300M. Adjusted FIFO operating profit was $1.21B vs. $1.17B a year ago. Gross margin was 23.1% of sales during the quarter, vs. 22.7% a year ago. . The improvement in gross margin was primarily attributable to sourcing improvements, lower supply chain costs, better fuel margins, decreased depreciation, and lower shrink, partially offset by price investments and the mix effect from growth in pharmacy sales, which has lower margins. The FIFO gross margin rate, excluding rent, depreciation and amortization, and fuel, was flat compared to the same period last year. The result was primarily attributable to sourcing improvements, lower supply chain costs, and lower shrink offset by price investments and the mix effect from growth in pharmacy sales, which has lower margins. Non-GAAP EPS was reported at $1.28 vs. $1.20 consensus and $1.14 a year ago. In terms of capital allocation, Kroger ( KR ) said it expects to continue to generate strong free cash flow and remains committed to investing in the business to drive long-term sustainable net earnings growth, as well as maintaining its current investment-grade debt rating. In addition, the company expects to continue to pay its quarterly dividend and expects the payout rate to increase over time. On the balance sheet, Kroger's ( KR ) net total debt to adjusted EBITDA ratio at the end of the quarter was 1.76 vs. 1.79 a year ago. The company's net total debt to adjusted EBITDA ratio target range is 2.30 to 2.50. Kroger ( KR ) noted that its strong balance sheet provides ample opportunities for the Company to invest in the business and enhance shar...
(RTTNews) - While reporting financial results for the fourth quarter on Thursday, supermarket chain Kroger Co. (KR) initiated its adjusted earnings and identical sales outlook for the full-year 2026. Identical sales growth for the fourth quarter, without fuel, increased 2.4 percent. Looking ahead to fiscal 2026, the company now projects adjusted earnings in a range of $5.10 to $5.30 per share on t...
(RTTNews) - While reporting financial results for the fourth quarter on Thursday, supermarket chain Kroger Co. (KR) initiated its adjusted earnings and identical sales outlook for the full-year 2026. Identical sales growth for the fourth quarter, without fuel, increased 2.4 percent. Looking ahead to fiscal 2026, the company now projects adjusted earnings in a range of $5.10 to $5.30 per share on total identical sales growth, without fuel, of 1.0 to 2.0 percent. In Thursday's pre-market trading, KR is trading on the NYSE at $67.34, down $0.63 or 0.93 percent. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Achieved Q4 2025 PEMGARDA ® (pemivibart) net product revenue of $17.2 million, representing 25% growth year-over-year and 31% growth quarter-over-quarter (pemivibart) net product revenue of $17.2 million, representing 25% growth year-over-year and 31% growth quarter-over-quarter 2025 year-end cash and cash equivalents of $226.7 million after raising over $200 million from financing transactions in...
Achieved Q4 2025 PEMGARDA ® (pemivibart) net product revenue of $17.2 million, representing 25% growth year-over-year and 31% growth quarter-over-quarter (pemivibart) net product revenue of $17.2 million, representing 25% growth year-over-year and 31% growth quarter-over-quarter 2025 year-end cash and cash equivalents of $226.7 million after raising over $200 million from financing transactions in 2H 2025 Announced initiation of DECLARATION Phase 3 pivotal clinical trial of vaccine-alternative antibody VYD2311 to prevent COVID, with top-line data expected mid-2026; Fast Track designation for VYD2311 granted by FDA in December 2025 DECLARATION trial on track with full enrollment achieved DECLARATION trial Independent Data Monitoring Committee (IDMC) prespecified review of unblinded VYD2311 safety data resulted in IDMC recommendation to allow enrollment of pregnant and breastfeeding women in the DECLARATION trial DECLARATION trial blinded, pooled early COVID event accumulation appears on track; any potential re-sizing decision to depend on trial progress but could occur in approximately April Distinguished scientist and physician Michael Mina, M.D., Ph.D., appointed Chief Medical Officer Management to host conference call today at 8:30AM ET NEW HAVEN, Conn., March 05, 2026 (GLOBE NEWSWIRE) -- Invivyd, Inc. (Nasdaq: IVVD) today announced financial results for the fourth quarter and full year ended December 31, 2025, and recent business highlights. “With potential commercialization of VYD2311 on the horizon, we are encouraged by continued commercial execution and appeal for monoclonal antibody prophylaxis demonstrated by revenue of PEMGARDA® (pemivibart) more than doubling year over year, while operating expenses were reduced by nearly half,” noted Bill Duke, Chief Financial Officer of Invivyd. “While we are pleased with Invivyd’s ability to exhibit financial discipline, we are most excited about the positive momentum behind VYD2311 and that our recent capital raises en...
Ciena press release ( CIEN ): Q1 Non-GAAP EPS of $1.35 beats by $0.18 . Revenue of $1.43B (+33.6% Y/Y) beats by $30M . Three customers represented 10%-plus of revenue for a total of 47.4% of revenue. Average days' sales outstanding (DSOs) were 72. Inventory turns were 3.2. Business Outlook “With a historically strong order book and record Q1 backlog, we are poised to deliver strong results, suppor...
Ciena press release ( CIEN ): Q1 Non-GAAP EPS of $1.35 beats by $0.18 . Revenue of $1.43B (+33.6% Y/Y) beats by $30M . Three customers represented 10%-plus of revenue for a total of 47.4% of revenue. Average days' sales outstanding (DSOs) were 72. Inventory turns were 3.2. Business Outlook “With a historically strong order book and record Q1 backlog, we are poised to deliver strong results, supported by durable demand, through 2026 and into 2027,” said Marc Graff, Ciena’s Chief Financial Officer. “Our strong balance sheet and financial discipline position the company to meet growing demand while improving profitability and shareholder returns.” Ciena expects fiscal second quarter 2026 to include: Revenue in the range of $1.5 billion plus or minus $50 million vs. $1.44B consensus Adjusted (non-GAAP) gross margin between 43.5% and 44.5% Adjusted (non-GAAP) operating expense of approximately $375 to $390 million Adjusted (non-GAAP) operating margin between 17.5% and 18.5% Ciena expects fiscal year 2026 to include: Revenue in the range of $5.9 billion to $6.3 billion vs. $5.96B consensus(prior $5.7 billion to $6.1 billion) Adjusted (non-GAAP) gross margin between 43.5% and 44.5% Adjusted (non-GAAP) operating expense of approximately $1.52 to $1.53 billion Adjusted (non-GAAP) operating margin between 17.5% and 19.5% More on Ciena Ciena: Expensive For A Reason Ciena: AI Rebirth Fairly Valued Steven Cress' Top 10 AI Stocks (Recap & Update) Ciena Q1 2026 Earnings Preview Networking, AI stocks jump on back of AMD-Meta megadeal
This article first appeared on GuruFocus. Nvidia (NVDA, Financials) has reportedly halted production of its H200 artificial intelligence chips intended for the Chinese market and redirected manufacturing capacity to its next-generation Vera Rubin platform, according to a report by the Financial Times. The U.S. chipmaker has reallocated manufacturing capacity at Taiwan Semiconductor Manufacturing C...
This article first appeared on GuruFocus. Nvidia (NVDA, Financials) has reportedly halted production of its H200 artificial intelligence chips intended for the Chinese market and redirected manufacturing capacity to its next-generation Vera Rubin platform, according to a report by the Financial Times. The U.S. chipmaker has reallocated manufacturing capacity at Taiwan Semiconductor Manufacturing Co., its key contract manufacturer, away from producing H200 chips and toward building the upcoming Vera Rubin hardware, the report said, citing two people familiar with the matter. The decision comes despite Nvidia recently receiving U.S. government licenses to ship limited quantities of H200 chips to customers in China. Nvidia said last week it had approval to deliver small amounts of the chips to the country. However, the production halt indicates Nvidia may not expect meaningful H200 sales in China in the near term. A U.S. Commerce Department official said last month that none of Nvidia's H200 chips had been sold to Chinese customers. In January, the administration of U.S. President Donald Trump formally approved limited China-bound sales of the chips, but shipments remain constrained by export control safeguards on advanced semiconductor technology.
Philip Morris ( PM ) declares $1.47/share quarterly dividend , in line with previous. Forward yield 3.28% Payable April 13; for shareholders of record March 19; ex-div March 19. See PM Dividend Scorecard, Yield Chart, & Dividend Growth. More on Philip Morris Philip Morris: The Stock Appears Fully Valued Based On Its Dividends Philip Morris International Inc. (PM) Presents at Consumer Analyst Group...
Philip Morris ( PM ) declares $1.47/share quarterly dividend , in line with previous. Forward yield 3.28% Payable April 13; for shareholders of record March 19; ex-div March 19. See PM Dividend Scorecard, Yield Chart, & Dividend Growth. More on Philip Morris Philip Morris: The Stock Appears Fully Valued Based On Its Dividends Philip Morris International Inc. (PM) Presents at Consumer Analyst Group of New York Conference 2026 Transcript Philip Morris Is Doing Everything Right, Except Being Cheap Enough Most and least shorted large-cap consumer staples at February end Stanley Druckenmiller's Duquesne initiates position in Goldman Sachs, exits Meta in Q4
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Kurt Wagner assesses why Elon Musk’s tweeting style matters to investors. Tech Across the Globe Alibaba departure: Junyang Lin, the architect of Alibaba’s chief artificial intelligence model, has quit, raising questions about the Chinese online leader’s transition to AI. ...
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Kurt Wagner assesses why Elon Musk’s tweeting style matters to investors. Tech Across the Globe Alibaba departure: Junyang Lin, the architect of Alibaba’s chief artificial intelligence model, has quit, raising questions about the Chinese online leader’s transition to AI. Whoop expansion plans: The maker of fitness bands plans to add more than 600 jobs ahead of a potential initial public offering. Google Play Store changes: The company unveiled a new system for apps on its Android operating system, agreeing to ease access for rivals in a bid to resolve US antitrust litigation and comply with new regulations in Europe and elsewhere. Revalued German startup Neura Robotics is raising about €1 billion ($1.2 billion) in a funding round backed by stablecoin issuer Tether to develop a humanoid robot. The fundraising values the company at about €4 billion. Investors are focused on humanoids as the next big application of physical AI — artificial intelligence for activities in the real world. “Not my wisest” The biggest threat to Elon Musk continues to be Elon Musk. The world’s richest man found himself in a familiar position on Wednesday when he sat in San Francisco federal court to defend himself against his own prior tweets — social media posts that have once again gotten him into legal trouble. Musk’s testimony was related to tweets he sent nearly four years ago, while he was in the midst of his on-again, off-again effort to buy what was then known as Twitter Inc. In May 2022, while bankers and lawyers for Musk worked to finalize his $44 billion purchase, Musk abruptly tweeted that the deal was “temporarily on hold,” which tanked the stock. Even though Musk eventually followed through on the deal to buy Twitter, company investors have sued the billionaire over allegations that his posts were used to intentionally lower the value of the company so...
This article first appeared on GuruFocus. Meta Platforms (META, Financials) is looking to expand its custom semiconductor efforts to support the training of artificial intelligence models, according to a report citing comments from the company's chief financial officer. The corporation has already used its own chips for things like rating content and making recommendations. Executives now want to ...
This article first appeared on GuruFocus. Meta Platforms (META, Financials) is looking to expand its custom semiconductor efforts to support the training of artificial intelligence models, according to a report citing comments from the company's chief financial officer. The corporation has already used its own chips for things like rating content and making recommendations. Executives now want to expand those efforts to include developing more complicated AI models, which might help improve performance and lower infrastructure costs. Susan Li, the CFO of Meta, noted that parts of the company's workloads are quite specific, which makes producing silicon in-house a good choice. Custom chips might make AI systems that do tailored recommendations and other big computing jobs work better. The plan would also make Meta less dependent on third-party chip providers like Nvidia and Advanced Micro Devices, who are the two biggest players in the AI hardware industry right now. Meta is said to have started testing its first AI training chip made in-house in early 2025. Executives had planned to bring out generative AI workloads to more places in 2026, but certain sophisticated chip designs have run into problems. This move is part of a larger trend among big tech companies to own their own chips to cut expenses on AI infrastructure and have more control over performance.