OpenAI (OPAI.PVT) CEO Sam Altman said on Monday that the ChatGPT maker was amending its agreement with the Department of Defense to explicitly state its principle of not surveilling Americans. In a post on X, Altman said that the company was trying to deescalate a standoff between the Pentagon and OpenAI's rival Anthropic (ANTH.PVT) but admitted that the timing of the deal made it appear "opportun...
OpenAI (OPAI.PVT) CEO Sam Altman said on Monday that the ChatGPT maker was amending its agreement with the Department of Defense to explicitly state its principle of not surveilling Americans. In a post on X, Altman said that the company was trying to deescalate a standoff between the Pentagon and OpenAI's rival Anthropic (ANTH.PVT) but admitted that the timing of the deal made it appear "opportunistic and sloppy." OpenAI's deal came just after President Trump ordered all government agencies to cease using rival Anthropic's (ANTH.PVT) technology amid a dispute between the two parties over the government's use of Anthropic's models. OpenAI argued that its deal to deploy advanced AI systems in classified environments shared Anthropic's red lines: not to use models for mass surveillance of US citizens and not to use them to develop fully autonomous weapons. The deal coincided with the US-Israeli strikes on Iran and retaliatory fighting in the Middle East over the weekend and continuing into this week. Amazon's (AMZN) cloud unit said two of its data centers in the UAE and Bahrain were struck by drones, potentially disrupting service. Meanwhile, Apple's (AAPL) three-day product release schedule ahead of a March 4 event continues. On Monday, the company announced a $599 entry-level smartphone, the iPhone 17e, as well as two new iPad Airs. Follow along for the latest updates on the tech sector. LIVE 36 updates
Marex Group PLC (MRX) came out with quarterly earnings of $1.12 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $0.76 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +10.16%. A quarter ago, it was expected that this company would post earnings of $0.92 per share when ...
Marex Group PLC (MRX) came out with quarterly earnings of $1.12 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $0.76 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +10.16%. A quarter ago, it was expected that this company would post earnings of $0.92 per share when it actually produced earnings of $0.96, delivering a surprise of +4.35%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Marex Group PLC, which belongs to the Zacks Financial - Miscellaneous Services industry, posted revenues of $572.1 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 8.76%. This compares to year-ago revenues of $415.6 million. 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. Marex Group PLC shares have added about 14.2% since the beginning of the year versus the S&P 500's gain of 0.5%. What's Next for Marex Group PLC? While Marex Group PLC 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 tool like the Zacks Rank, which has an impressive track record of harnessing the power of ea...
Marvin Samuel Tolentino Pineda/iStock Editorial via Getty Images NCR Atleos ( NATL ) - Investment Thesis In my June 2025 article, " NCR Atleos: Reports Of Death Of Cash Are Greatly Exaggerated ," with the share price at $27.98, I rated NCR a Buy on the basis of its plans to assist banks by taking over a large part of their labor-intensive customer services. This would be done by providing NCR Atle...
Marvin Samuel Tolentino Pineda/iStock Editorial via Getty Images NCR Atleos ( NATL ) - Investment Thesis In my June 2025 article, " NCR Atleos: Reports Of Death Of Cash Are Greatly Exaggerated ," with the share price at $27.98, I rated NCR a Buy on the basis of its plans to assist banks by taking over a large part of their labor-intensive customer services. This would be done by providing NCR Atleos-owned ATMs as a service, "ATMaaS," with expanded capabilities for these ATMs. The Brink's Company ( BCO ) is obviously following down a similar path, but their business is overwhelmingly cash delivery and custody services. Looking at this strategically, the cash delivery and custody business is subject to negative growth and margins under pressure, but it is not possible to provide a full ATM service without cash delivery support. So the combination would give Brink's the capability to quickly expand and grow the more profitable ATMaaS business while guaranteeing less profitable but essential cash delivery services. Strategically, the combination looks very positive. There is a deal of water to flow under the bridge before this transaction could be consummated, and competing bid/s could emerge. The combined entity would also likely qualify for S&P 500 inclusion, which could provide a boost to Brink's stock price post-transaction closing. The current NCR Atleos share price, $48.13 at close on Mar. 2, 2026, remains under the transaction offer value of $49.81, based on Brink's current share price, and I maintain a Buy rating for NCR Atleos stock. The proposed transaction is analysed in greater detail below. Brink's Offer - Background The Brink's Company and NCR Atleos Corporation have announced a proposed transaction whereby Brink's would acquire NCR Atleos in a cash and share offer, as summarized in the slide below from a joint Brink's and NCR Atleos presentation to shareholders on Feb. 26, 2026. Slide 1 SEC filings There are three issues here for NCR Atleos common stockho...
The artificial intelligence (AI) data center investing theme has been on fire over the last year. That said, valuations still matter, and investors need to consider what they are buying when they invest in data center infrastructure companies like Vertiv (VRT +0.96%). Vertiv's growth keeps exceeding expectations I last discussed the data center power and thermal management technology stock in mid-...
The artificial intelligence (AI) data center investing theme has been on fire over the last year. That said, valuations still matter, and investors need to consider what they are buying when they invest in data center infrastructure companies like Vertiv (VRT +0.96%). Vertiv's growth keeps exceeding expectations I last discussed the data center power and thermal management technology stock in mid-January, and it is up 52% since then, up 62% in 2026, and up 185% over the last year. Its remarkable performance consistently exceeds expectations for revenue and, importantly, order growth. The order growth continues to generate a massive increase in backlog (as shown below), and given the recent capital spending commitments made by hyperscalers like Amazon, Alphabet, and Microsoft, it's understandable if investors start penciling in more growth over the medium term. Wall Street expectations for Vertiv Wall Street has already started upgrading estimates, with the consensus (shown below) for 2026 matching Vertiv management's recent estimate of $2.1 billion to $2.3 billion in free cash flow (FCF). Here is a truncated discounted cash flow analysis reverse-engineered to determine the terminal growth rate required to justify the current enterprise value of $100 billion. I've used Wall Street consensus FCF to 2028, and assumed 14% and 15% growth (g) in line with market expectations for data center spending, rising from $1 trillion in 2026 to $1.7 trillion in 2020. I've used a weighted average cost of capital (WACC) of 9%, which is in line with an industrial technology company. Metric 2026 Est. 2027 Est. 2028 Est. 2029 Est. 2030 Est. Free cash flow $2.287 billion $2.669 billion $3.543 billion $4.048 billion $4.648 billion Discount factor 0.92 0.84 0.77 0.71 0.65 Present value $2.098 billion $2.246 billion $2.736 billion $2.868 billion $3.021 billion Sum of present value for the next 5 years $12.97 million N/A N/A N/A N/A Taking the current $100 billion valuation and subtracting t...
Key Points Vertiv is likely to outperform as long as AI data center momentum continues to grow. A discounted cash flow analysis suggests the stock is, at the least, priced to perfection. 10 stocks we like better than Vertiv › The artificial intelligence (AI) data center investing theme has been on fire over the last year. That said, valuations still matter, and investors need to consider what they...
Key Points Vertiv is likely to outperform as long as AI data center momentum continues to grow. A discounted cash flow analysis suggests the stock is, at the least, priced to perfection. 10 stocks we like better than Vertiv › The artificial intelligence (AI) data center investing theme has been on fire over the last year. That said, valuations still matter, and investors need to consider what they are buying when they invest in data center infrastructure companies like Vertiv (NYSE: VRT). Vertiv's growth keeps exceeding expectations I last discussed the data center power and thermal management technology stock in mid-January, and it is up 52% since then, up 62% in 2026, and up 185% over the last year. Its remarkable performance consistently exceeds expectations for revenue and, importantly, order growth. 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 » The order growth continues to generate a massive increase in backlog (as shown below), and given the recent capital spending commitments made by hyperscalers like Amazon, Alphabet, and Microsoft, it's understandable if investors start penciling in more growth over the medium term. Wall Street expectations for Vertiv Wall Street has already started upgrading estimates, with the consensus (shown below) for 2026 matching Vertiv management's recent estimate of $2.1 billion to $2.3 billion in free cash flow (FCF). Here is a truncated discounted cash flow analysis reverse-engineered to determine the terminal growth rate required to justify the current enterprise value of $100 billion. I've used Wall Street consensus FCF to 2028, and assumed 14% and 15% growth (g) in line with market expectations for data center spending, rising from $1 trillion in 2026 to $1.7 trillion in 2020. I've used a weighted average cost of capital (WACC) of 9%, which is in line wit...
Best Buy posted mixed quarterly earnings and signaled weak growth in the year ahead. The stock was surging in premarket trading Tuesday. For the fiscal fourth quarter, Best Buy posted adjusted earnings of $2.61 a share, sharply above analysts’ calls for $2.46.
Best Buy posted mixed quarterly earnings and signaled weak growth in the year ahead. The stock was surging in premarket trading Tuesday. For the fiscal fourth quarter, Best Buy posted adjusted earnings of $2.61 a share, sharply above analysts’ calls for $2.46.