hapabapa/iStock Editorial via Getty Images Autodesk's ( ADSK ) fourth quarter fiscal 2026 results and fiscal 2027 outlook proved the company is embracing, and thriving, in the age of artificial intelligence. The computer-aided design software company also completed its go-to-market optimization strategy, which could cause temporary disruption to billings during the early part of fiscal 2027. "Howe...
hapabapa/iStock Editorial via Getty Images Autodesk's ( ADSK ) fourth quarter fiscal 2026 results and fiscal 2027 outlook proved the company is embracing, and thriving, in the age of artificial intelligence. The computer-aided design software company also completed its go-to-market optimization strategy, which could cause temporary disruption to billings during the early part of fiscal 2027. "However, the CFO emphasized that the underlying momentum of the business is expected to remain strong, similar to fiscal 2026," said J.P. Morgan analysts, led by Alexei Gogolev, in an investor note. "Management provided fiscal 2027 guidance that incorporates prudence for potential near-term disruption from sales restructuring, with billings growth no longer benefiting from the new transaction model or annual billing transitions. The company continues to advance its AI strategy, leveraging its unique advantages in specialized data, industry context, and platform capabilities to build agentic AI for design and make workflows." J.P. Morgan reiterated its Overweight rating and increased its price target to $336 from $319. Meanwhile, BTIG reiterated its Buy rating but lowered its price target to $300 from $365. "Revenue growth (CC & adj. for new transaction model) of 14% was nicely ahead of our 11% estimate and Billings growth (CC & adj. for new transaction model) of 32% was also well ahead of our 17% estimate," said BTIG analysts, led by Nick Altmann, in a Friday note. "A large pool of EBA renewals and linearity helped drive greater billings upside in the quarter along with cRPO growth (23% vs. 16% consensus estimates)." "FY27 revenue guidance was also ahead of consensus at $8,100M-$8,170M (+12-13% growth) vs. $7,962M consensus (+11%) and ADSK expects revenue growth of 9-10% (adj. for new transaction model)," Altmann added. "Regarding the outlook, mgmt noted the framework incorporates GTM disruption given the aforementioned RIF was largely customer-facing roles, though mgmt. pointe...
watch now VIDEO 1:48 01:48 Anthropic faces a 'lose-lose' battle as it faces off with the Pentagon Tech Anthropic is heading into Friday in a no-win situation. The artificial intelligence startup has until 5:01 p.m. ET to decide whether it will agree to allow the Department of Defense to use its models in all lawful use cases without limitation. If it doesn't, Defense Secretary Pete Hegseth has thr...
watch now VIDEO 1:48 01:48 Anthropic faces a 'lose-lose' battle as it faces off with the Pentagon Tech Anthropic is heading into Friday in a no-win situation. The artificial intelligence startup has until 5:01 p.m. ET to decide whether it will agree to allow the Department of Defense to use its models in all lawful use cases without limitation. If it doesn't, Defense Secretary Pete Hegseth has threatened to label the company a "supply chain risk" or force it to comply by invoking the Defense Production Act. Anthropic signed a $200 million contract with the DoD in July, and was the first AI lab to integrate its models into mission workflows on classified networks. The company has been negotiating the terms of its agreement with the agency, and has asked for assurance that its technology won't be used for fully autonomous weapons or domestic mass surveillance of Americans. "In a narrow set of cases, we believe AI can undermine, rather than defend, democratic values," Anthropic CEO Dario Amodei, who co-founded the company in 2021, wrote in a statement on Thursday. "Some uses are also simply outside the bounds of what today's technology can safely and reliably do." The DoD has refused to budge, and negotiations have devolved into a stalemate that's turned into the most high-profile test to date of Anthropic's stated values. The company has spent years carefully crafting its reputation as the champion of safe and responsible AI deployment, positioning itself in contrast to OpenAI, where Amodei worked before leaving to start Anthropic. watch now VIDEO 2:45 02:45 Is Anthropic a 'supply chain risk'? Squawk Box Europe But Anthropic is simultaneously facing intense pressure to justify its massive $380 billion valuation, supported by large institutional and strategic investors, while it races to stay on the cutting edge of model development and fend off competition from OpenAI and other rivals including Google and Elon Musk's xAI. All three of those companies' models are used ...
Maria Vonotna/iStock via Getty Images I just purchased Super Micro Computer, Inc. ( SMCI ) shares for the first time ever. This stock was an early AI-story darling into 2024, with high growth rates building server and storage solutions for data centers and cloud providers. Then the wheels fell off the stock on accounting worries, overvaluation concerns, margin compression, and questions about the ...
Maria Vonotna/iStock via Getty Images I just purchased Super Micro Computer, Inc. ( SMCI ) shares for the first time ever. This stock was an early AI-story darling into 2024, with high growth rates building server and storage solutions for data centers and cloud providers. Then the wheels fell off the stock on accounting worries, overvaluation concerns, margin compression, and questions about the sustainability of long-term expansion. The stock is down from $122 in early 2024 to just $33 today. SMCI has been perhaps the worst large-cap performer for investors in the booming AI hardware group over the past several years. YCharts - Super Micro Computer, Share Price, 5 Years The good news is actual sales and income growth rates are projected to remain elevated into the end of June (its fiscal year 2026), with a moderation in rates expected going into 2027-28. A forward P/E around 12x this "calendar" year's estimate for income generation is actually quite attractive if astounding growth rates remain around longer than anticipated (as data center spending plans by Big Tech are showing no signs of slowing down in early 2026). Seeking Alpha Table - Super Micro Computer, Analyst Estimates for FY 2026-28 (June), February 24th, 2026 No matter if you are an AI super-bull or a regular growth investor trying to find decent valuations worth buying, Super Micro could be an interesting pick for your portfolio in the low-$30s. Let's review some fundamental and technical datapoints to paint the bullish picture with greater color. With hundreds of billions in U.S. dollars in spending planned by Big Tech firms to construct new data centers around the world over the next 2-3 years, Super Micro Computer is well positioned as a top supplier of high-end computer networking and processing infrastructure. Super Micro Computer - Q2 2026 Earnings Presentation Super Micro Computer - Q2 2026 Earnings Presentation Super Micro Computer - Q2 2026 Earnings Presentation Super Micro Computer - Q2 2026...
BING-JHEN HONG/iStock Editorial via Getty Images NVIDIA Corporation ( NVDA ) just reported another remarkable quarter with amazing guidance of FQ1'27. The AI chip company has even reigned in some questionable investments, in a signal management isn't wildly spending free cash flow anymore. My investment thesis is ultra Bullish on the stock after trading sideways for months while the business conti...
BING-JHEN HONG/iStock Editorial via Getty Images NVIDIA Corporation ( NVDA ) just reported another remarkable quarter with amazing guidance of FQ1'27. The AI chip company has even reigned in some questionable investments, in a signal management isn't wildly spending free cash flow anymore. My investment thesis is ultra Bullish on the stock after trading sideways for months while the business continues to surge with visibility into strong growth for the next 2 to 3 years. Source: Finviz Nvidia's Q4 - A Masterful Quarter Just when Nvidia seems to have grown too much, the company reports another blockbuster quarter. Nvidia reported the following key FQ4'26 numbers as follows: FQ4 Non-GAAP EPS of $1.62 beats by $0.08. Revenue of $68.13 billion (+73.2% YoY) beats by $1.9 billion. Record quarterly Data Center revenue of $62.3 billion, up 22% from FQ3 and up 75% from a year ago. The AI chip company reported even more impressive guidance. Nvidia forecast FQ1'27 revenues of $78 billion versus consensus at $72 billion. The company has now returned to beating consensus analyst estimates by roughly $2 billion each quarter. Nvidia now has an accelerating growth rate again as data center revenues accelerate to $62 billion in the quarter, up from only $36 billion last FQ4. Guidance supports data center revenue topping $70 billion in FQ1. Source: Seeking Alpha Investors should've known the numbers were going to be exceptional with the major hyperscalers all ramping up capex spending in 2026. The capex forecast is now projected to be $660 billion with Amazon ( AMZN ) leading the way with plans to spend upwards of $200 billion alone on capex in 2026. Source: FactSet, Goldman Sachs The big question is why the stock isn't relaying despite sales surging 73% in the last quarter and hyperscaler capex set to grow another 60%+ in 2026. Some of the worries are on higher operating expenses and lower gross margins. Nvidia reported FY26 gross margin of only 71.3%, but the guidance is for 75.0% ...
BING-JHEN HONG/iStock Editorial via Getty Images NVIDIA Corporation ( NVDA ) just reported another remarkable quarter with amazing guidance for FQ1'27. The AI chip company has even reined in some questionable investments, in a signal management isn't wildly spending free cash flow anymore. My investment thesis is ultra Bullish on the stock after trading sideways for months while the business conti...
BING-JHEN HONG/iStock Editorial via Getty Images NVIDIA Corporation ( NVDA ) just reported another remarkable quarter with amazing guidance for FQ1'27. The AI chip company has even reined in some questionable investments, in a signal management isn't wildly spending free cash flow anymore. My investment thesis is ultra Bullish on the stock after trading sideways for months while the business continues to surge with visibility into strong growth for the next 2 to 3 years. Source: Finviz Nvidia's Q4: A Masterful Quarter Just when Nvidia seems to have grown too much, the company reports another blockbuster quarter. Nvidia reported the following key FQ4'26 numbers as follows: FQ4 Non-GAAP EPS of $1.62 beats by $0.08. Revenue of $68.13 billion (+73.2% YoY) beats by $1.9 billion. Record quarterly Data Center revenue of $62.3 billion, up 22% from FQ3 and up 75% from a year ago. The AI chip company reported even more impressive guidance. Nvidia forecast FQ1'27 revenues of $78 billion versus consensus at $72 billion. The company has now returned to beating consensus analyst estimates by roughly $2 billion each quarter. Nvidia now has an accelerating growth rate again as data center revenues accelerate to $62 billion in the quarter, up from only $36 billion last FQ4. Guidance supports data center revenue topping $70 billion in FQ1. Source: Seeking Alpha Investors should've known the numbers were going to be exceptional with the major hyperscalers all ramping up capex spending in 2026. The capex forecast is now projected to be $660 billion , with Amazon ( AMZN ) leading the way with plans to spend upwards of $200 billion alone on capex in 2026. Source: FactSet, Goldman Sachs The big question is why the stock isn't rallying despite sales surging 73% in the last quarter and hyperscaler capex set to grow another 60%+ in 2026. Some of the worries are on higher operating expenses and lower gross margins. Nvidia reported an FY26 gross margin of only 71.3%, but the guidance is for 75...
Sign up now! Sign up now! Sign up now? Sign up now! La Liga has El Clásico , France has Le Classique , and Argentina goes full gun with its Superclásico . English football has no true equivalent, with Liverpool and Manchester United fans unable to agree on a name for their grand-slam meetings. Up in the land of fitba, there’s this weekend’s 450th Old Firm/Glasgow derby (delete as applicable accord...
Sign up now! Sign up now! Sign up now? Sign up now! La Liga has El Clásico , France has Le Classique , and Argentina goes full gun with its Superclásico . English football has no true equivalent, with Liverpool and Manchester United fans unable to agree on a name for their grand-slam meetings. Up in the land of fitba, there’s this weekend’s 450th Old Firm/Glasgow derby (delete as applicable according to your stringency on Scottish company law). And Germany has Der Klassiker , between Bayern Munich and Borussia Dortmund. The Bundesliga marketing suits have been out in force this week for the one game, played on Saturday evening, that brings extra eyeballs. Though questions are often raised over whether this is a true, classic rivalry; Dortmund have not won a league title since Jürgen Klopp was making his rounds in 2012. I just hope the hapless Dortmund defender Ramy Bensebaini ( yesterday’s Football Daily ) does not follow my path. I too was directly responsible for four opposition goals in one game: one came from my taking a corner that curved behind every one of my teammates, allowing five of the other lot to advance on our puffing centre-back; another was me slicing a clearance so badly that instead of arcing down the touchline, it went at 90 degrees, landing at the feet of an opponent with enough time and space at the edge of our box for his own Grand Designs project. I never again played any form of competitive sport” – Michael Hann. I feel compelled to point out that Ramy Bensebaini played left-sided centre-back of a back three against Atalanta rather than left-back ( yesterday’s Football Daily ). I noticed this because of the body language of his teammate Daniel Svensson each time Bensebaini recklessly served a goal up on Wednesday. Svensson was the recovering left wing-back at the Algerian’s side, head bowed and shoulders increasingly drooping” – Matthew Parham. I’ve come to the conclusion that the collection of words at the bottom of Football Daily’s full em...
US Under Secretary of Defense for Research and Engineering Emil Michael discusses talks with Anthropic about loosening restrictions on the use of its artificial intelligence technology by the US military. Michael says the Pentagon offered concessions to the company and is open to continuing talks ahead of the Friday afternoon deadline. (Source: Bloomberg)
US Under Secretary of Defense for Research and Engineering Emil Michael discusses talks with Anthropic about loosening restrictions on the use of its artificial intelligence technology by the US military. Michael says the Pentagon offered concessions to the company and is open to continuing talks ahead of the Friday afternoon deadline. (Source: Bloomberg)
Getty Images Lululemon's (NASDAQ: LULU ) rise was one of the largest rise of athletic apparel, with solid execution in their specific niche for technical accessories whilst also being fashionable, which appealed massively to women globally. A key factor in the rise of Lululemon is still having appealing products (fashionable) to technical products made for fitness purposes, better fabric technolog...
Getty Images Lululemon's (NASDAQ: LULU ) rise was one of the largest rise of athletic apparel, with solid execution in their specific niche for technical accessories whilst also being fashionable, which appealed massively to women globally. A key factor in the rise of Lululemon is still having appealing products (fashionable) to technical products made for fitness purposes, better fabric technology and product design, as it reflects the rise of practicality, also seen in the footwear industry with the rise of On Holding ( ONON ) and the fall of fashion and streetwear, Jordans ( NKE ). With potential new competition with Nike launching Skims, revenue growth decelerating massively and margins slightly contracting, Lululemon's price tag seems extremely attractive compared to historical averages, over a 50% decline in the last year. However, Lululemon isn't alone in this massive downturn, with Nike also declining massively over the last 5 years with sentiment issues, which suggest that the industry as a whole isn't performing well rather than Lululemon being an isolated value play. Hence, I'm rating Lululemon at a 'Hold'. Lululemon's Moat Lululemon has a unique moat targeted at specific audiences, as its positioning in its specific niche leads to good brand power and stickiness to its product. This essentially ripples onto higher prices and higher margins, though currently contracting due to falling demand domestically (one of the main bearish sentiments), Lululemon's margins remain relatively high compared to its peers. Lululemon have a solid brand reputation and recognition overall, as customers continue to be highly recognised as a brand especially in the fitness sphere. A recognition test had Lululemon 45/50 recognising Lululemon, with the largest awareness being women aged 18-40. With high stickiness customers, with retention rates in North America being over 85% , a major positive factor for everyday products is that the product essentially markets itself. The mor...
Getty Images The following segment was excerpted from the Diamond Hill Small-Mid Cap Fund Q4 2025 Commentary . New positions SBA Communications ( SBAC ) is a wireless tower REIT that owns infrastructure essential to mobile networks. Shares have been pressured by higher interest rates and slower wireless spending, despite a long runway for 5G-related upgrades and highly profitable incremental leasi...
Getty Images The following segment was excerpted from the Diamond Hill Small-Mid Cap Fund Q4 2025 Commentary . New positions SBA Communications ( SBAC ) is a wireless tower REIT that owns infrastructure essential to mobile networks. Shares have been pressured by higher interest rates and slower wireless spending, despite a long runway for 5G-related upgrades and highly profitable incremental leasing. We believe the current valuation disconnect provides a compelling opportunity to own a business providing durable, necessary infrastructure with attractive long-term economics. We initiated a position in cloud-based web services company Wix.com ( WIX ) as shares fell on concerns surrounding Generative AI. However, we believe these concerns are somewhat misplaced, as the company’s core capabilities, coupled with its strong partner ecosystem and critical back-end functionality for partners, should position it well long term. Internet and media conglomerate IAC ( IAC ) has a history of creating value through business building and mergers and acquisitions, often in markets transitioning from an offline to online presence. We believe IAC’s largest holding, MGM, is currently undervalued and took the opportunity to initiate a position at a discount to our estimate of intrinsic value. Booz Allen Hamilton ( BAH ) is a leading US government and military contractor, providing technology consulting, AI, cybersecurity, engineering and mission operations services to US federal agencies across defense, intelligence and civil sectors. Shares were pressured by negative headlines around the Department of Government Efficiency initiatives and the recent government shutdown, creating a more attractive valuation. Long term, we believe the company is well positioned given its differentiated technology capabilities and the likelihood of sustained demand from the US government. Westlake Corp. ( WLK ), a low-cost chemicals producer and emerging supplier of building products, is managing supply-...