On February 17, 2026, Canyon Capital Advisors disclosed a new position in Compass (COMP 1.19%), acquiring 2,000,936 shares worth $21.15 million. What happened According to an SEC filing dated February 17, 2026, Canyon Capital Advisors reported a new position in Compass, purchasing 2,000,936 shares. The position’s quarter-end value stood at $21.15 million, reflecting the total shift in the portfoli...
On February 17, 2026, Canyon Capital Advisors disclosed a new position in Compass (COMP 1.19%), acquiring 2,000,936 shares worth $21.15 million. What happened According to an SEC filing dated February 17, 2026, Canyon Capital Advisors reported a new position in Compass, purchasing 2,000,936 shares. The position’s quarter-end value stood at $21.15 million, reflecting the total shift in the portfolio’s exposure to Compass as of December 31, 2025. What else to know Top holdings following the filing: NYSE:CBL: $313.25 million (41.2% of AUM) NYSE:SDRL: $129.48 million (17.0% of AUM) NYSE:AMCR: $54.58 million (7.2% of AUM) NYSE:AMBP: $51.02 million (6.7% of AUM) NYSE:FFWM: $50.22 million (6.6% of AUM) As of Tuesday, Compass shares were priced at $10.03, up 16% over the past year. Company overview Metric Value Revenue (TTM) $6.64 billion Net income (TTM) ($56.40 million) Market capitalization $7.3 billion Price (as of Tuesday) $10.03 Company snapshot Compass provides a cloud-based platform for real estate brokerage, offering integrated software tools for customer relationship management, marketing, and client service. Its business model centers on combining proprietary technology with traditional brokerage services to enhance agent productivity and streamline operations. The company primarily serves real estate agents and brokers across the United States, focusing on residential transactions. Compass operates at scale in the U.S. real estate market, leveraging technology to differentiate itself in a fragmented industry. Its strategy is to integrate software solutions with brokerage services, aiming to improve efficiency and client experience for agents and their customers. What this transaction means for investors The broader portfolio is heavy in distressed real estate and cyclical exposure through names like CBL. Adding Compass contributes to a different kind of real estate leverage: asset light brokerage scale with technology embedded into workflows. In 2025, Compass pr...
Brookfield Asset Management CEO Connor Teskey says the broader private credit markets are in “good shape” but there are “undoubtedly” some concerns in direct lending. He speaks with Katie Greifeld at Bloomberg Invest. (Source: Bloomberg)
Brookfield Asset Management CEO Connor Teskey says the broader private credit markets are in “good shape” but there are “undoubtedly” some concerns in direct lending. He speaks with Katie Greifeld at Bloomberg Invest. (Source: Bloomberg)
It took months for the Bush administration’s falsehoods about weapons of mass destruction in Iraq to come to light, after an invasion, regime change, an investigation, and then, finally, the truth. For the Trump administration’s warnings of an imminent threat from Iran, it took an afternoon. On Capitol Hill on Monday, the US secretary of state, Marco Rubio, swiftly undercut the Trump administratio...
It took months for the Bush administration’s falsehoods about weapons of mass destruction in Iraq to come to light, after an invasion, regime change, an investigation, and then, finally, the truth. For the Trump administration’s warnings of an imminent threat from Iran, it took an afternoon. On Capitol Hill on Monday, the US secretary of state, Marco Rubio, swiftly undercut the Trump administration’s claims that Iran was planning a preemptive strike by adding a key piece of information: Israel was planning to strike first. “We knew that there was going to be an Israeli action, we knew that that would precipitate an attack against American forces, and we knew that if we didn’t preemptively go after them before they launched those attacks, we would suffer higher casualties,” Rubio said on Tuesday. There were two corollaries from that bombshell behind the largest US military intervention in a generation. First, that senior US officials had misled the public on Saturday when they warned of intelligence about Iran’s plans to launch a preemptive strike. And second, that Israel and Benjamin Netanyahu played a far larger role in prompting the US to launch strikes against Iran than was previously admitted. Democrats, predictably, were apoplectic. “There was no imminent threat to the United States of America by the Iranians,” said Mark Warner, the top Democrat on the Senate intelligence committee, who had received classified briefings from Rubio. “There was a threat to Israel. If we equate a threat to Israel as the equivalent of an imminent threat to the United States, then we are in uncharted territory.” “I think secretary Rubio inadvertently told the truth here that this was driven by Benjamin Netanyahu and here we are in a major conflict,” said Senator Angus King as he grilled Elbridge Colby, a Pentagon official in charge of policy planning. The administration has been understandably prickly about the accusation that Netanyahu lobbied Trump into this latest war. (His press...
Key Points HG Vora sold 11,125,000 Clarivate shares in the fourth quarter. The quarter-end position value decreased by $42.61 million as a result. Post-trade, HG Vora holds zero Clarivate shares. The position was previously 5.8% of the fund's AUM as of the prior quarter. 10 stocks we like better than Clarivate Plc › On February 17, 2026, HG Vora Capital Management reported selling all of its 11,12...
Key Points HG Vora sold 11,125,000 Clarivate shares in the fourth quarter. The quarter-end position value decreased by $42.61 million as a result. Post-trade, HG Vora holds zero Clarivate shares. The position was previously 5.8% of the fund's AUM as of the prior quarter. 10 stocks we like better than Clarivate Plc › On February 17, 2026, HG Vora Capital Management reported selling all of its 11,125,000 shares of Clarivate (NYSE:CLVT) in the fourth quarter. What happened According to its SEC filing dated February 17, 2026, HG Vora Capital Management reported selling 11,125,000 shares of Clarivate during the fourth quarter. This resulted in the fund holding no shares of Clarivate at quarter-end. The net position change was $42.61 million. What else to know Top holdings after the filing: NASDAQ: PENN: $92.19 million (34.8% of AUM) NASDAQ: DRVN: $77.81 million (29.4% of AUM) NYSE: FAF: $41.47 million (15.7% of AUM) NYSE: NVRI: $22.40 million (8.5% of AUM) NYSE: EQH: $19.06 million (7.2% of AUM) As of Tuesday, Clarivate shares were priced at $2.45, down 42% over the past year and significantly underperforming the S&P 500, which is instead up about 16% in the same period. Company overview Metric Value Price (as of Tuesday) $2.45 Market Capitalization $1.6 billion Revenue (TTM) $2.50 billion Net Income (TTM) ($396.00 million) Company snapshot Clarivate provides information services and analytics, including research platforms (Web of Science, InCites), life sciences intelligence (Cortellis), patent and trademark solutions (Derwent, CompuMark), and online brand protection (MarkMonitor). The company generates revenue primarily through subscription-based access to proprietary databases, analytics tools, and professional services supporting research, intellectual property, and brand protection. It serves government and academic institutions, pharmaceutical and biotechnology firms, and corporations engaged in research, development, and intellectual property management worldwide....
The iShares Core S&P 500 ETF (IVV 0.75%) stands out for its ultra-low expense ratio and large-cap technology exposure, while the iShares Russell 2000 ETF (IWM 1.31%) targets small-cap stocks with higher volatility and costs. IWM and IVV are both broad-based U.S. equity ETFs from iShares, but they serve different roles. IWM captures the performance of nearly 2,000 small-cap companies, while IVV tra...
The iShares Core S&P 500 ETF (IVV 0.75%) stands out for its ultra-low expense ratio and large-cap technology exposure, while the iShares Russell 2000 ETF (IWM 1.31%) targets small-cap stocks with higher volatility and costs. IWM and IVV are both broad-based U.S. equity ETFs from iShares, but they serve different roles. IWM captures the performance of nearly 2,000 small-cap companies, while IVV tracks the S&P 500’s largest U.S. firms. This comparison highlights how their costs, returns, risks, and sector makeup differ. Snapshot (cost & size) Metric IWM IVV Issuer IShares IShares Expense ratio 0.19% 0.03% 1-yr return (as of 2026-02-27) 23.1% 17.3% Dividend yield 1.0% 1.2% Beta 1.30 1.00 AUM $74.0 billion $750.7 billion Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. IVV is considerably more affordable, charging just 0.03% in expenses compared to IWM’s 0.19%, and it also offers a modestly higher dividend yield at 1.2% versus 1.0%. Performance & risk comparison Metric IWM IVV Max drawdown (5 y) -31.91% -24.53% Growth of $1,000 over 5 years $1,156 $1,763 What's inside IVV tracks the S&P 500, providing exposure to 503 large-cap U.S. stocks with a strong tilt toward technology (34%), followed by financial services and communication services. Its top holdings — Nvidia (NVDA 1.49%), Apple (AAPL 0.69%), and Microsoft (MSFT +1.34%) — make up a significant share of the portfolio. With nearly 26 years of history and no notable quirks, it is a long-standing, straightforward vehicle for large-cap exposure. By contrast, IWM holds nearly 2,000 small-cap stocks, emphasizing healthcare, industrials, and financial services. Its largest positions — Bloom Energy (BE 6.79%), Fabrinet (FN 4.63%), and Coeur Mining (CDE 11.14%) — each comprise less than 1.2% of assets, leading to a far more diversified but less top-heavy portfolio. IWM’s focus on smaller companies i...
Getty Images Overview Best Buy Co., Inc. ( BBY ) is a bit of a tricky company to assess because its business model feels a bit dated and uninteresting, but the financial health of the company remains quite solid. When I previously covered BBY , I issued a "H old" rating due to the questionable outlook and slow adaptability of the business. Since then, the share price has declined by a little more ...
Getty Images Overview Best Buy Co., Inc. ( BBY ) is a bit of a tricky company to assess because its business model feels a bit dated and uninteresting, but the financial health of the company remains quite solid. When I previously covered BBY , I issued a "H old" rating due to the questionable outlook and slow adaptability of the business. Since then, the share price has declined by a little more than 12%, and the stock continues to underperform against the S&P 500. Now that BBY has reported its Q4 earnings, I wanted to revisit the business to reassess its outlook and performance for 2026. Looking at the performance over the last 12 months, BBY's share price has declined by about 27.8%. When including all dividends that were paid, the total return sits at a loss of 26.1%. BBY now offers a high starting yield of 6.1%, which can be enticing for the investors seeking a source of reliable dividend income. The dividend continues to be well supported by earnings, but there are some tradeoffs to consider. Data by YCharts The underlying issue comes down to BBY's failure to differentiate itself from other peers. The business operates in a low-barrier-to-entry business, and I do not believe that there are any notable catalysts in the near term. Therefore, I see no compelling reasons to remain invested in BBY, besides the ability to collect a high dividend yield. The stock trades at a discounted valuation, but the minimal growth outlook ultimately limits the appeal here. So let's start by taking a look at the most recent earnings report. Best Buy Q4 Earnings BBY just reported its Q4 earnings , and I believe the results were a bit of a mixed bag. The business generates its earnings through two primary segments: its Domestic and International segments. The Domestic segment includes all revenue collected from its U.S.-based locations and online sales, while the International segment comes from all operations that are based outside the U.S. On an enterprise level, the business gen...
The European maker of television shows ranging from Peaky Blinders to Big Brother is to merge with the UK super-indie behind hits including The Traitors to create a €4.4bn (£3.8bn) global TV production giant. Paris-headquartered Banijay Group, which last year considered making a takeover offer for ITV’s studio operation, has struck a deal to merge with All3Media, which is owned by RedBird IMI. The...
The European maker of television shows ranging from Peaky Blinders to Big Brother is to merge with the UK super-indie behind hits including The Traitors to create a €4.4bn (£3.8bn) global TV production giant. Paris-headquartered Banijay Group, which last year considered making a takeover offer for ITV’s studio operation, has struck a deal to merge with All3Media, which is owned by RedBird IMI. The new entity will be the world’s largest independent TV maker, combining Banijay hits such as MasterChef, Survivor, Pointless, Hunted and Location, Location, Location with All3Media staples such as Midsomer Murders, Fleabag, Call the Midwife, Great British Menu and Race Across the World. View image in fullscreen Call the Midwife is one of several All3Media hits. Photograph: BBC/PA Banijay and RedBird IMI, which is in the process of selling the Telegraph titles to the owner of the Daily Mail, will be equal partners in the new merged group. However, Banijay will receive €796m in the deal to reflect that it is a larger business. RedBird IMI, majority backed by the United Arab Emirates with Gerry Cardinale’s US-based Redbird Capital as junior partner, bought All3Media for £1.15bn in 2024. The new company, which will be called Banijay, will generate revenues of €4.4bn and adjusted profits of €690m based on the business performance in 2024. “This transaction represents a decisive step in Banijay Group’s strategy to reinforce its leading position in global entertainment,” said François Riahi, the chief executive of Banijay Group. “We are leading consolidation and this transaction is another demonstration of this in content production.” View image in fullscreen The MasterChef judges Anna Haugh, left, and Grace Dent. Photograph: BBC/PA Marco Bassetti, the chief executive of Banijay Entertainment, will become chief executive of the new merged production company. Jane Turton, the chief executive of All3Media, will serve as deputy chief executive. Jeff Zucker, the former CNN boss who ru...
Mike Babayan was in a hookah lounge when he heard the explosion on Saturday night. Dubai – a gilded playground for the ultra-rich and oligarch class, billed as one of the safest places on Earth – had been attacked by Iranian missiles. Phones lit up with emergency messages urging residents to take shelter. But Dubai is resilient, at least when it comes to partying. “Everyone just went back to their...
Mike Babayan was in a hookah lounge when he heard the explosion on Saturday night. Dubai – a gilded playground for the ultra-rich and oligarch class, billed as one of the safest places on Earth – had been attacked by Iranian missiles. Phones lit up with emergency messages urging residents to take shelter. But Dubai is resilient, at least when it comes to partying. “Everyone just went back to their hookah and food a minute later,” said Babayan. Still, as a precaution, that night Babayan moved from his main home in the Burj Khalifa, the world’s tallest building and anchor of the Dubai skyline, to a residence further from the city center. There, he could hear the explosions much clearer – one every 20 to 30 minutes, he said. “But everyone is just having coffees, walking around like there’s no care in the world. It’s pretty insane.” Babayan is 23 and originally from Los Angeles. He moved to Dubai, the most populous city in the United Arab Emirates, in 2020 to work in finance. He now documents his life as a daytrader and flexes the trappings of influencer life (BMWs, million-dollar apartment) to his nearly 150,000 TikTok followers. Over the weekend, he shifted his focus to commentating on the Dubai strikes in the direct-to-camera style typical of influencers, the city’s night skyline shimmering behind him. He felt a responsibility to combat misinformation; when he saw an AI-generated video of the Burj Khalifa burning, he told his followers it was fake. View image in fullscreen Images provided by Planet Labs PBC show Dubai, United Arab Emirates, on 24 February (left) and on Sunday, 1 March (right). Photograph: AP But he couldn’t resist showing off a little, too. In one clip, Babayan said he felt that Dubai remained safer than New York, Los Angeles and London, even amid the war. Where else, he asked, could he walk around at night wearing his $60,000 watch undisturbed? “I feel like that’s more important, not having to look over my shoulder every two seconds, compared to the...
Key Points Power Solutions is making a transition from industrial and transportation engine products to the data center market. Revenue growth shows the transition is working, but it's coming with some margin compression. The company also announced an acquisition to fill some technological gaps. 10 stocks we like better than Power Solutions International › Shares of Power Solution International (N...
Key Points Power Solutions is making a transition from industrial and transportation engine products to the data center market. Revenue growth shows the transition is working, but it's coming with some margin compression. The company also announced an acquisition to fill some technological gaps. 10 stocks we like better than Power Solutions International › Shares of Power Solution International (NASDAQ: PSIX) plunged 27.7% on Tuesday as of 2:19 p.m. EDT. Power Systems was down along with most AI and data center-related stocks, as fears over higher energy prices and interest rates triggered a broad market sell-off. However, Power Solutions also delivered its fourth-quarter earnings report last night. 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 headline figures beat expectations, concerns over gross margins and a lack of guidance specifics sent Power Solution's stock falling. But is this AI-adjacent stock a buy on the dip? Revenue is booming, but gross margin falls In the fourth quarter, Power Solutions delivered 32.5% revenue growth to $191.2 million, while adjusted (non-GAAP) earnings per share actually declined 31% to $0.71. Even though earnings per share were down a lot, this decline was mainly due to differences in the company's tax rate from the prior year. Whereas for much of last year Power Solutions received a tax benefit due to prior-year loss carryforwards, the company became a full taxpayer in late 2025, resulting in a decline in earnings. Yet even outside the tax issue, Power Solutions' gross margins fell sharply in the quarter, from 29.9% in the year-ago quarter to 21.9% in the fourth quarter of 2025. Management pointed to the company's deliberate transition away from legacy transportation and industrial segments to power systems serving the hypergrowth data center market. Ma...
Shares of Power Solution International (PSIX 28.55%) plunged 27.7% on Tuesday as of 2:19 p.m. EDT. Power Systems was down along with most AI and data center-related stocks, as fears over higher energy prices and interest rates triggered a broad market sell-off. However, Power Solutions also delivered its fourth-quarter earnings report last night. While headline figures beat expectations, concerns ...
Shares of Power Solution International (PSIX 28.55%) plunged 27.7% on Tuesday as of 2:19 p.m. EDT. Power Systems was down along with most AI and data center-related stocks, as fears over higher energy prices and interest rates triggered a broad market sell-off. However, Power Solutions also delivered its fourth-quarter earnings report last night. While headline figures beat expectations, concerns over gross margins and a lack of guidance specifics sent Power Solution's stock falling. But is this AI-adjacent stock a buy on the dip? Expand NASDAQ : PSIX Power Solutions International Today's Change ( -28.55 %) $ -24.48 Current Price $ 61.27 Key Data Points Market Cap $2.0B Day's Range $ 59.75 - $ 73.00 52wk Range $ 18.10 - $ 121.78 Volume 67K Avg Vol 450K Gross Margin 27.38 % Revenue is booming, but gross margin falls In the fourth quarter, Power Solutions delivered 32.5% revenue growth to $191.2 million, while adjusted (non-GAAP) earnings per share actually declined 31% to $0.71. Even though earnings per share were down a lot, this decline was mainly due to differences in the company's tax rate from the prior year. Whereas for much of last year Power Solutions received a tax benefit due to prior-year loss carryforwards, the company became a full taxpayer in late 2025, resulting in a decline in earnings. Yet even outside the tax issue, Power Solutions' gross margins fell sharply in the quarter, from 29.9% in the year-ago quarter to 21.9% in the fourth quarter of 2025. Management pointed to the company's deliberate transition away from legacy transportation and industrial segments to power systems serving the hypergrowth data center market. Management noted the decline in margins was attributed to "operating inefficiencies related to our accelerated production ramp-up for data center product lines." In conjunction with earnings, Power Solutions also announced the acquisition of MTL Manufacturing & Equipment Inc. for an undisclosed sum. MTL makes switchgear subbases, ele...
Conflict-related betting on prediction markets hit a record last week as traders piled into wagers on the US-Israeli strikes on Iran, while blockchain analysts flagged suspicious activity and lawmakers called for a crackdown. Yesha Yadav, professor of law and associate dean at Vanderbilt Law School, joins Isabelle Lee and Tim Stenovec on "Bloomberg Crypto," to discuss the need for regulatory predi...
Conflict-related betting on prediction markets hit a record last week as traders piled into wagers on the US-Israeli strikes on Iran, while blockchain analysts flagged suspicious activity and lawmakers called for a crackdown. Yesha Yadav, professor of law and associate dean at Vanderbilt Law School, joins Isabelle Lee and Tim Stenovec on "Bloomberg Crypto," to discuss the need for regulatory prediction market guardrails in the US. (Source: Bloomberg)
Morsa Images/DigitalVision via Getty Images Anbio Biotechnology ( NNNN ) is a medical device company that develops in vitro diagnostics (IVD) solutions. Lately, the company appears to be prioritizing profitability, choosing higher margins over higher sales volume. They’ve also made some governance changes and replaced auditors in preparation for their next financial report. So, it overall appears ...
Morsa Images/DigitalVision via Getty Images Anbio Biotechnology ( NNNN ) is a medical device company that develops in vitro diagnostics (IVD) solutions. Lately, the company appears to be prioritizing profitability, choosing higher margins over higher sales volume. They’ve also made some governance changes and replaced auditors in preparation for their next financial report. So, it overall appears NNNN remains in that transition period until they find a new franchise product akin to their previous COVID vaccines. Yet, for now, I feel the stock remains excessively overpriced, which is why I reiterate my bearish stance on NNNN at these levels. Affordable IVD OTC Offerings Anbio Biotechnology develops in vitro diagnostics (IVD) products for labs, over-the-counter use, and point-of-care testing. They were founded back in 2021 and later went public in 2025. NNNN is currently based in Frankfurt am Main, Germany. I previously covered NNNN in October 2025, and since then, the stock has declined by about 24.8%, so I thought it was worthwhile updating my view on this name. Source: Anbio Biotechnology Website. Retrieved February 2026. As a quick recap, NNNN offers diagnostic platforms that combine testing instruments and assays using different technologies. These platforms can detect biomarkers for a range of diseases, such as infections, cancer, heart conditions, inflammation, endocrine and kidney disorders, pharmacogenomics, diabetes, and drug abuse. On paper, one of NNNN’s main advantages is that its portfolio is flexible and offers broad coverage across different conditions. Essentially, NNNN provides testing solutions that can be applied in an office. These include portable fluorescent immunoassay ( FIA ) analyzers for rapid testing. These are small and portable instruments that use antibody-antigen reactions using light emitted by tagged molecules. Other NNNN offerings cover quick screening, like the lateral flow immunoassay ( LFIA ) products, colloidal gold-based tests, ...
Pakawadee Wongjinda/iStock via Getty Images If there is one country that really matters for US financial markets, it has to be Japan. Not only does Japan have an $8 trillion bond market, making it the world’s third-largest such market, it has also been a major supplier of liquidity to our stock and government bond markets. With holdings of $1.2 trillion of US Treasury bonds, Japan is our largest e...
Pakawadee Wongjinda/iStock via Getty Images If there is one country that really matters for US financial markets, it has to be Japan. Not only does Japan have an $8 trillion bond market, making it the world’s third-largest such market, it has also been a major supplier of liquidity to our stock and government bond markets. With holdings of $1.2 trillion of US Treasury bonds, Japan is our largest external creditor ahead of China. If there is a time when Japanese economic developments truly matter for our financial markets, it has to be now, given the seismic shifts underway in Japanese monetary and budget policies. Those shifts have to raise questions about the prospects for higher Japanese inflation and for that country’s debt sustainability. In 2024, the Bank of Japan (BOJ) abandoned its yield control policy that kept long-term Japanese government bond rates at close to zero. It did so in an attempt to normalize Japanese monetary policy in response to inflation finally increasing towards the BOJ’s two percent inflation target. As a result of that change, 10-year and 20-year Japanese government bond yields have approximately doubled to over two percent and 3.5 percent, respectively. More recently, Japan’s new prime minister, Sanae Takaichi, won a landslide election with a commitment to pursue stimulative economic policies. Takaichi has promised to implement a supplemental budget of around $135 billion, or three percent of Japan’s GDP. She is also committed to suspending for two years an 8 percent tax on food imports in an effort to bring down food prices. In a clear sign that she would like to have a stimulative monetary policy accompanying her expansive budget policy, Takaichi has nominated two monetary policy doves to join the BOJ’s nine-member board within the next few months. The shift to a more stimulative budget policy stance would occur despite the fact that Japan is running a primary budget deficit and, at around 230 percent of GDP, has by far the highest pu...
Key Points General Motors stock is trading at more than twice what Warren Buffett paid for it in 2017. The automaker is coming off a difficult year financially, as it took a multibillion-dollar write-down on its slowing EV business. GM recently raised its dividend and authorized a large share buyback. 10 stocks we like better than General Motors › In the second quarter of 2017, Warren Buffett, the...
Key Points General Motors stock is trading at more than twice what Warren Buffett paid for it in 2017. The automaker is coming off a difficult year financially, as it took a multibillion-dollar write-down on its slowing EV business. GM recently raised its dividend and authorized a large share buyback. 10 stocks we like better than General Motors › In the second quarter of 2017, Warren Buffett, then the CEO of Berkshire Hathaway (NYSE: BRKB), made a somewhat contrarian bet, having the conglomerate buy 10 million shares of General Motors (NYSE: GM) at an average closing price of $33.95. At the time, that move increased Berkshire's stake in the automaker by 20%. 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 » Buffett liquidated his position in the company in 2023, when its shares were trading at $35.59. That wasn't a big score, relatively speaking. But what if Berkshire Hathaway had held onto those shares? Today, GM is trading at more than $80 a share, and if you had bought the stock in 2017 and reinvested its dividends, your total return would be 159.4%. Now that's a payday. How is GM doing now, though? General Motors reported revenue of $185 billion in 2025, down 1.3%. Its earnings per share (EPS) declined even further, by 48.7%, to $3.24. Those numbers, though, were somewhat distorted by a fourth-quarter $7.2 billion write-down relating to the slowdown in its electric vehicle (EV) business. Most of those costs are the result of GM ending or restructuring contracts with suppliers in light of the fact that its EV sales are no longer growing at the rate it expected them to. However, the company remains a solid dividend stock, despite those declines. In conjunction with its Q4 earnings report, it raised its quarterly dividend payout by 20% to $0.18 per share, and announced a $6 billion stock repurchas...
In the second quarter of 2017, Warren Buffett, then the CEO of Berkshire Hathaway (BRKB +0.45%), made a somewhat contrarian bet, having the conglomerate buy 10 million shares of General Motors (GM 0.80%) at an average closing price of $33.95. At the time, that move increased Berkshire's stake in the automaker by 20%. Buffett liquidated his position in the company in 2023, when its shares were trad...
In the second quarter of 2017, Warren Buffett, then the CEO of Berkshire Hathaway (BRKB +0.45%), made a somewhat contrarian bet, having the conglomerate buy 10 million shares of General Motors (GM 0.80%) at an average closing price of $33.95. At the time, that move increased Berkshire's stake in the automaker by 20%. Buffett liquidated his position in the company in 2023, when its shares were trading at $35.59. That wasn't a big score, relatively speaking. But what if Berkshire Hathaway had held onto those shares? Today, GM is trading at more than $80 a share, and if you had bought the stock in 2017 and reinvested its dividends, your total return would be 159.4%. Now that's a payday. How is GM doing now, though? General Motors reported revenue of $185 billion in 2025, down 1.3%. Its earnings per share (EPS) declined even further, by 48.7%, to $3.24. Those numbers, though, were somewhat distorted by a fourth-quarter $7.2 billion write-down relating to the slowdown in its electric vehicle (EV) business. Most of those costs are the result of GM ending or restructuring contracts with suppliers in light of the fact that its EV sales are no longer growing at the rate it expected them to. However, the company remains a solid dividend stock, despite those declines. In conjunction with its Q4 earnings report, it raised its quarterly dividend payout by 20% to $0.18 per share, and announced a $6 billion stock repurchase authorization. The impacts of President Donald Trump's tariffs, as well as a slowdown in EV sales after his Big Beautiful Bill ended the tax break that American buyers had enjoyed on those vehicles, have forced the automaker to adjust. However, it says it expects 2026 EPS of between $11 and $13, a huge jump from the $3.27 it booked in 2025, and a fairly solid improvement from its adjusted EPS of $10.60. It's also guiding for adjusted earnings before interest and taxes of $13 million to $15 billion, compared to $12.7 billion in 2025. Because the Trump administra...
Bambu Lab opens its first global offline flagship store in Shenzhen, Guangdong province, on Oct. 2, 2025. Photo: VCG Pop Mart International Group Ltd. has filed a copyright infringement lawsuit against Shenzhen-based Bambu Lab, a leading maker of consumer 3D printers, escalating tensions between intellectual property owners and the fast-growing personal manufacturing industry. At the center of the...
Bambu Lab opens its first global offline flagship store in Shenzhen, Guangdong province, on Oct. 2, 2025. Photo: VCG Pop Mart International Group Ltd. has filed a copyright infringement lawsuit against Shenzhen-based Bambu Lab, a leading maker of consumer 3D printers, escalating tensions between intellectual property owners and the fast-growing personal manufacturing industry. At the center of the dispute is MakerWorld, a 3D-model platform operated by Bambu Lab, where users have shared design files that enable others to print replicas of Pop Mart’s blockbuster character Labubu. The case is poised to test the murky legal boundaries of consumer 3D printing, particularly whether platform operators can be held liable when users upload copyrighted designs for personal use — a gray area often likened to the early days of digital music sharing.
Global conflicts, including the strikes on Iran over the past week, are unlikely to put a complete stop to companies tapping the US public markets, according to NYSE Group Inc. President Lynn Martin said. “There’s always going to be geopolitical events happening, and the political framework is always going to continue to evolve,” Martin said Tuesday in a Bloomberg Television interview at the Bloom...
Global conflicts, including the strikes on Iran over the past week, are unlikely to put a complete stop to companies tapping the US public markets, according to NYSE Group Inc. President Lynn Martin said. “There’s always going to be geopolitical events happening, and the political framework is always going to continue to evolve,” Martin said Tuesday in a Bloomberg Television interview at the Bloomberg Invest conference in New York. “And if you’re a good company, you can always go public.” Initial public offerings pulled back in recent years as companies chose to remain private longer, the result of private-capital availability and the regulatory scrutiny that comes with being publicly traded. Bankers have been betting on an IPO boom in 2026, with mega-debuts such as Anthropic PBC and Elon Musk ’s SpaceX expected to go public. “I think companies need to be mindful of how anything that’s occurring on the geopolitical landscape is going to affect their businesses in the short term, medium term,” said Martin, who leads the largest US stock exchange. Martin said last August that the IPO market is broadly open across sectors , arguing that companies coming to market after longer waits tend to be stronger and better prepared — sentiments she reiterated in Tuesday’s interview. The New York Stock Exchange said earlier this year that it’s building a venue using blockchain technology to allow for trading tokenized stocks and exchange-traded funds around the clock. Read More: NYSE Builds Venue for 24/7 Trading of Tokenized Stocks, ETFs
Oklo (OKLO 1.62%) is one of several companies attempting to build small modular nuclear reactors (SMRs). The concept is very attractive, but the proof of concept is actually to build and place an SMR. That hasn't happened just yet. However, Oklo's recent deal with technology giant Meta Platforms (META +0.53%) is an important step in the right direction. What does Oklo do? Oklo's income statement s...
Oklo (OKLO 1.62%) is one of several companies attempting to build small modular nuclear reactors (SMRs). The concept is very attractive, but the proof of concept is actually to build and place an SMR. That hasn't happened just yet. However, Oklo's recent deal with technology giant Meta Platforms (META +0.53%) is an important step in the right direction. What does Oklo do? Oklo's income statement starts at expenses, so it doesn't really do much of anything as a business right now other than conduct research. It is basically a nuclear power start-up. The goal is to build small modular nuclear reactors. SMRs are an exciting technology. The relatively small reactors can be used individually or linked together to create a larger power plant. Their small size and use of the most modern safety protocols should allow them to be placed close to where they are needed, potentially closer to population centers than current large-scale reactors can be. That said, one key benefit of Oklo's technology is that it is designed to use recycled nuclear fuel. The problem is that Oklo still doesn't have a commercially operating reactor just yet. And there is still a lot of capital investment needed to get to the point where it does. This is where the Meta deal comes in. The Meta deal is about funding Technology giant Meta has agreed to "prepay for power" that will be generated at Oklo's Ohio power plant once it is completed. The power will be used by the data centers that Meta operates in the region. However, according to Oklo, "pre-construction and site characterization are slated to begin in 2026." That basically means that the company hasn't even broken ground on the Ohio facility yet. Expand NYSE : OKLO Oklo Today's Change ( -1.62 %) $ -1.05 Current Price $ 63.63 Key Data Points Market Cap $10B Day's Range $ 60.05 - $ 64.51 52wk Range $ 17.42 - $ 193.84 Volume 158K Avg Vol 11M In fact, Oklo doesn't expect to generate any electricity until 2030. And the full 1.2 gigawatts it has plann...
Key Points Oklo is a nuclear power start-up looking to build a business around small modular nuclear reactors. The company is still losing money, which is why a new deal with Meta is so important to understand. 10 stocks we like better than Oklo › Oklo (NYSE: OKLO) is one of several companies attempting to build small modular nuclear reactors (SMRs). The concept is very attractive, but the proof o...
Key Points Oklo is a nuclear power start-up looking to build a business around small modular nuclear reactors. The company is still losing money, which is why a new deal with Meta is so important to understand. 10 stocks we like better than Oklo › Oklo (NYSE: OKLO) is one of several companies attempting to build small modular nuclear reactors (SMRs). The concept is very attractive, but the proof of concept is actually to build and place an SMR. That hasn't happened just yet. However, Oklo's recent deal with technology giant Meta Platforms (NASDAQ: META) is an important step in the right direction. What does Oklo do? Oklo's income statement starts at expenses, so it doesn't really do much of anything as a business right now other than conduct research. It is basically a nuclear power start-up. The goal is to build small modular nuclear reactors. 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 » SMRs are an exciting technology. The relatively small reactors can be used individually or linked together to create a larger power plant. Their small size and use of the most modern safety protocols should allow them to be placed close to where they are needed, potentially closer to population centers than current large-scale reactors can be. That said, one key benefit of Oklo's technology is that it is designed to use recycled nuclear fuel. The problem is that Oklo still doesn't have a commercially operating reactor just yet. And there is still a lot of capital investment needed to get to the point where it does. This is where the Meta deal comes in. The Meta deal is about funding Technology giant Meta has agreed to "prepay for power" that will be generated at Oklo's Ohio power plant once it is completed. The power will be used by the data centers that Meta operates in the region. However, according to Oklo,...
Hi, it’s Ryan Gould, in San Francisco this week, and taking a look at a Thoma Bravo deal that may carve a path through the software meltdown. Also today, Cleco Power is nearing a sale and a Blackstone group makes an offer for British aerospace supplier Senior. Today’s top stories Stonepeak, Bernhard in advanced talks to buy Cleco Power. Blackstone consortium makes non-binding cash offer for Senior...
Hi, it’s Ryan Gould, in San Francisco this week, and taking a look at a Thoma Bravo deal that may carve a path through the software meltdown. Also today, Cleco Power is nearing a sale and a Blackstone group makes an offer for British aerospace supplier Senior. Today’s top stories Stonepeak, Bernhard in advanced talks to buy Cleco Power. Blackstone consortium makes non-binding cash offer for Senior. Toyota founding family is biggest winner in unit takeover battle. Apollo’s Rowan warns private credit shakeout is coming . Thoma’s stamp Buyout firm Thoma Bravo just announced its latest deal, and in some ways, it isn’t what you might have been expecting. For all the noise in recent weeks around the software selloff providing opportunities to buy, the world’s biggest software investor is putting money to work not through a take-private of a depressed SaaS name but rather through an acquisition-cum-merger of two companies that might offer a better look at the state of the real economy. Thoma confirmed Tuesday that it’s acquiring WWEX Group, a major third-party shipping provider that includes the Worldwide Express brand, with the aim of combining it with existing portfolio company and shipping software provider Auctane. While Auctane may not sound familiar, it is; it’s the renamed Stamps.com that Thoma took private for $6.6 billion in 2021. Terms of the deal weren’t disclosed in the release, but as we reported last night, the WWEX Group acquisition is valued at almost $5 billion. Together, the combined companies will have the substantial valuation of about $12 billion. The timing of this deal might be seen as curious, particularly with what feels like a lot of eyes trained on alternative asset managers broadly amid fears of AI displacement and anxiety over software exposure in private credit funds. Brian Jaffee, one of the Thoma partners who worked on the deal, said the discussions between the two companies had been going on “for years.” The deal was “a bit of a rollercoast...