Advanced Micro Devices rallies after the chip maker unveils a multi-year deal to supply computing power to Meta Platforms, while Hims & Hers shares sink after the online health platform issues underwhelming guidance for the current quarter.
Advanced Micro Devices rallies after the chip maker unveils a multi-year deal to supply computing power to Meta Platforms, while Hims & Hers shares sink after the online health platform issues underwhelming guidance for the current quarter.
JHVEPhoto/iStock Editorial via Getty Images Bank of Nova Scotia ( BNS ) ( BNS:CA ), or Scotiabank, posted solid FQ1 adjusted EPS, supported by earnings growth across all business lines, and expressed confidence in achieving its medium-term objectives. Read: Bank of Nova Scotia Non-GAAP EPS of C$2.05 beats by C$0.10, revenue of C$9.65B misses by C$70M The Canadian lender saw its adjusted EPS for th...
JHVEPhoto/iStock Editorial via Getty Images Bank of Nova Scotia ( BNS ) ( BNS:CA ), or Scotiabank, posted solid FQ1 adjusted EPS, supported by earnings growth across all business lines, and expressed confidence in achieving its medium-term objectives. Read: Bank of Nova Scotia Non-GAAP EPS of C$2.05 beats by C$0.10, revenue of C$9.65B misses by C$70M The Canadian lender saw its adjusted EPS for the three months ended January 31, 2026, jump to C$2.05 from C$1.76 in the same period a year ago. Total revenue was up ~3% to C$9.65B from C$9.37B a year ago. "2026 is off to a strong start for Scotiabank," said CEO Scott Thomson. "We saw earnings growth across all of our business lines this quarter, including in Canadian Banking, where we delivered another quarter of sequential margin expansion, accelerating fee income growth, and positive operating leverage." The Canadian Banking unit saw a 5% year-over-year growth in earnings to C$960M, driven by strong revenue growth and disciplined expense management. International Banking segment reported a 7% year-over-year rise in earnings to C$737M on the back of margin expansion and strong positive operating leverage. Global Wealth Management saw its adjusted earnings advance by 18% to C$491M on account of higher mutual fund fees, brokerage revenues, and net interest income. Global Banking and Markets earnings were up 5% to C$544M, because of strong fee-based revenue growth and robust capital markets activity. "We are confident that we can deliver on our medium-term objectives in 2027, including a return on equity above 14% – one year ahead of our Investor Day commitments," said the CEO. Provision for credit losses increased to C$1.18B from C$1.16B. Impaired loans as of January 31 increased to C$7.25B from C$7.24B in the prior quarter, primarily due to new formations in the corporate portfolio and the impact of foreign currency translation. As of January 31, the bank reported a common equity Tier 1 capital ratio of 13.3%. More on T...
aapsky/iStock Editorial via Getty Images Uber Technologies ( UBER ) has become a volatile "battleground" stock as the mobility sector undergoes a polarizing, structural shift. Investors are struggling to determine whether the advancement of autonomous vehicle (AV) technology represents a long-term threat or a massive tailwind for Uber. Although the future remains uncertain, my deep-dive analysis s...
aapsky/iStock Editorial via Getty Images Uber Technologies ( UBER ) has become a volatile "battleground" stock as the mobility sector undergoes a polarizing, structural shift. Investors are struggling to determine whether the advancement of autonomous vehicle (AV) technology represents a long-term threat or a massive tailwind for Uber. Although the future remains uncertain, my deep-dive analysis suggests that Uber's strategic trajectory puts them in a favorable position to outperform. In this article, I will break down how the unit economics of AV technology could offer a tailwind for Uber Technologies and why it has led to my Strong Buy rating. The Margin Story A common misconception I hear about Uber is that their margins will compress as AVs scale because Uber's take rate and cost per ride shrink. In essence, this would make sense, but after a deeper review of Uber's financial structure, I believe this theory is incomplete. In 2026, Uber generated $193 billion in gross bookings, of which Uber only recognized $52 billion. This delta is due to taxes, tolls, fees, promotions, and, most notably, driver and merchant earnings. This results in an approximate take rate of ~27%. Based on my review of recent financial statements, I estimate that 70% of contra-revenue (gross bookings minus net revenue) expenses are driver-related and 30% are for merchants and other expenses. Furthermore, Uber allocates driver insurance and incentive costs to the 'Cost of Revenue' expense, which further drags down profitability. Form 10-K (Uber Technologies, Inc. Investor Relations) To better understand the economic opportunity with AVs, we must first identify expenses that are directly tied to human drivers. The costs that would be essentially eliminated if the driver were an AV. Using data from the recent 10-K (image above), I have identified the following expenses: $18.32 billion in driver incentives (90% of platform participant costs) $2.66 billion in "other" costs (insurance reserves) $...
Digi Power X ( DGX:CA ) ( DGXX ) will uplist from the TSX Venture Exchange to Cboe Canada effective at market open on February 27, 2026. The company’s subordinate voting shares will continue trading under the symbol “DGX” on Cboe Canada. The shares will remain listed on Nasdaq and continue trading under the symbol “DGXX.” The shares will be voluntarily delisted from the TSXV effective at market cl...
Digi Power X ( DGX:CA ) ( DGXX ) will uplist from the TSX Venture Exchange to Cboe Canada effective at market open on February 27, 2026. The company’s subordinate voting shares will continue trading under the symbol “DGX” on Cboe Canada. The shares will remain listed on Nasdaq and continue trading under the symbol “DGXX.” The shares will be voluntarily delisted from the TSXV effective at market close on February 26, 2026. More on Digi Power X Inc. Digi Power X: Too Hot To Be Ignored With New Contracts Loading Into 2026 (Buy) Digi Power X Inc. (DGX:CA) Presents at IAccess Alpha Virtual Best Ideas Winter Investment Conference 2025 Transcript Digi Power X to buy $20 mln of Nvidia B300 GPUs for NeoCloudz AI platform Seeking Alpha’s Quant Rating on Digi Power X Inc. Historical earnings data for Digi Power X Inc.
Trevor Srednick Bath & Body Works ( BBWI ) has begun selling directly on Amazon ( AMZN ) through an official, authorized brand storefront. Notably, the retailer is offering a curated set of its top-selling products, such as the Champagne Toast body wash, popular body mists, hand soaps, and candles, on Amazon in the U.S., with all items eligible for Prime shipping and many available with no minimum...
Trevor Srednick Bath & Body Works ( BBWI ) has begun selling directly on Amazon ( AMZN ) through an official, authorized brand storefront. Notably, the retailer is offering a curated set of its top-selling products, such as the Champagne Toast body wash, popular body mists, hand soaps, and candles, on Amazon in the U.S., with all items eligible for Prime shipping and many available with no minimum purchase for free delivery. Of course, by using Amazon's ( AMZN ) fulfillment network, Bath & Body Works ( BBWI ) gains access to next-day and expedited delivery capabilities that would be extremely costly to replicate in-house while still retaining ownership of its inventory and control over pricing. Before the official storefront arrangement, Bath & Body Works ( BBWI ) products only circulated on Amazon ( AMZN ) via third-party resellers, sometimes at discounted or inconsistent prices, which made the brand’s story and customer experience difficult to control. The new authorized storefront allows Bath & Body Works ( BBWI ) to effectively steer traffic toward authenticated listings, reducing gray-market exposure and improving brand consistency. At the same time, the company is also simplifying its site (for example, lowering the free-shipping threshold from $100 to $50) to keep its direct channel competitive while leaning on Amazon’s ( AMZN ) massive network for speed and convenience. Under current CEO Daniel Heaf, the company is expected to keep using Amazon ( AMZN ) as a key lever in its broader turnaround and digital-access strategy. More on Bath & Body Works Bath & Body Works: A Double-Digit Yield Bargain With Significant Turnaround Potential Bath & Body Works Goes Back To The Basics Bath & Body Works: Near-Term Outlook Still Poor, But Recovery Plan Has Merits (Rating Upgrade) Bath & Body Works merchandise now available on Amazon Citi downgrades Bath & Body Works as FY26 will show cracks in its core business
Chinese drone-maker SZ DJI Technology Co. filed a petition with the US Court of Appeals for the Ninth Circuit, challenging the Federal Communications Commission’s decision to add the company to its so-called covered entity list, a designation that blocks new equipment authorizations for its products in the US. In its petition, DJI argues the listing is procedurally and substantively flawed, saying...
Chinese drone-maker SZ DJI Technology Co. filed a petition with the US Court of Appeals for the Ninth Circuit, challenging the Federal Communications Commission’s decision to add the company to its so-called covered entity list, a designation that blocks new equipment authorizations for its products in the US. In its petition, DJI argues the listing is procedurally and substantively flawed, saying the agency failed to identify any national security threat tied to the company or its products, a requirement for inclusion on the list. “Despite repeated efforts to engage with the government, DJI has never been given the chance to provide information to address or refute any concerns. These procedural and substantive deficiencies violate the Constitution and federal law,” the company said in a statement on Tuesday. The FCC said in December it would ban most foreign-made drones and critical components for unmanned aircraft systems going forward. The agency will generally prevent non-domestic drones and drone parts from gaining equipment authorization for sale in the US — a certification most electronics must receive through a routine process before they are sold to consumers. The rules will only apply to future drone imports and sales, not those that have already been sold or are in use. Read more: No New Foreign Drones to Be Allowed in US Under FCC Rules Several Chinese and Russian companies including Huawei Technologies Co. , ZTE Corp. and AO Kaspersky Lab are already on the FCC’s covered entity list, making them ineligible for equipment authorizations.
Sinhyu/iStock via Getty Images Thesis Travere Therapeutics ( TVTX ) reported 4Q25 non-GAAP EPS of $0.37, a figure that was mostly in line with expectations. However, revenue came in at $129.6 million, and despite it being up 73% year over year, it missed consensus by about $18 million. Overall, the stock reaction wasn't too bad; the miss was driven by lower-than-expected reported revenue, but we s...
Sinhyu/iStock via Getty Images Thesis Travere Therapeutics ( TVTX ) reported 4Q25 non-GAAP EPS of $0.37, a figure that was mostly in line with expectations. However, revenue came in at $129.6 million, and despite it being up 73% year over year, it missed consensus by about $18 million. Overall, the stock reaction wasn't too bad; the miss was driven by lower-than-expected reported revenue, but we still saw very strong FILSPARI sales growth. So investors think there is still some upside, and it could be the case that there are some timing or mix effects rather than weakening demand. Overall, profitability metrics held up quite well, with that top-line shortfall likely tempering the market's initial reaction, in which we saw some stock volatility. But now shares are actually up since the announcement. Investors are also most likely staying cautious with the big stock catalyst still to come in mid-April, with the upcoming FSGS PDUFA date. In my previous coverage , I mentioned the boost we should see from the current FILSPARI sales momentum, but back then, with the FDA extending the PDUFA data, I thought it best to hold until we saw more promising FY25 results. Since then, shares have shown somewhat good growth, up about 6% to 7% over the past month. I think after what we have seen on earnings and the new narrative surrounding the updated data package, there is a lot more upside to this stock in 1H26. I would be on the side of optimism come the PDUFA date, and with the addressable TAM expanding come a potential approval, I see more upside ahead. I covered the TAM for FSGS in my previous coverage. Seeking Alpha FY25 Results Travere delivered a sharp top-line inflexion in 2025. When FY25 earnings came out, the stock saw a bit of volatility, but the net result has been positive, with shares up about 3.7% post earnings. As you would expect, revenue was driven almost entirely by the commercial ramp-up of FILSPARI. Total U.S. net product sales reached $410.5 million for the ye...
Repligen press release ( RGEN ): Q4 Non-GAAP EPS of $0.49 beats by $0.05 . Revenue of $197.91M (+18.1% Y/Y) beats by $5.68M . Full year 2026 revenue guidance of $810 million - $840 million, 10% to 14% reported revenue growth, 9% to 13% organic and adjusted operating margin expansion of 150 bps at the midpoint. FINANCIAL GUIDANCE FOR FULL YEAR 2026 All Adjusted figures are non-GAAP Our financial gu...
Repligen press release ( RGEN ): Q4 Non-GAAP EPS of $0.49 beats by $0.05 . Revenue of $197.91M (+18.1% Y/Y) beats by $5.68M . Full year 2026 revenue guidance of $810 million - $840 million, 10% to 14% reported revenue growth, 9% to 13% organic and adjusted operating margin expansion of 150 bps at the midpoint. FINANCIAL GUIDANCE FOR FULL YEAR 2026 All Adjusted figures are non-GAAP Our financial guidance for the full year 2026 is based on expectations for our existing business. Our Adjusted (non-GAAP) guidance excludes the impact of any potential or pending business acquisitions in 2026, and future fluctuations in foreign currency exchange rates. CURRENT GUIDANCE (at February 24, 2026) FY 2026 Adjusted (non-GAAP) Total Reported Revenue $810M - $840M vs. $823.87M consensus Reported Growth 10% - 14% Organic Growth 9% - 13% Gross Margin 53.6% - 54.1% Income from Operations $122M - $130M Operating Margin 15.1% - 15.5% Other Income (Expense) ~$18M Adjusted EBITDA Margin 20% - 20.5% Tax Rate on Pre-Tax Income 22% - 23% Net Income $109M - $114M Earnings Per Share - Diluted $1.93 - $2.01 vs. $2.07 consensus Click to enlarge More on Repligen Repligen Corporation (RGEN) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript Repligen Corporation (RGEN) Presents at Evercore 8th Annual Healthcare Conference Transcript Repligen Q4 2025 Earnings Preview Seeking Alpha’s Quant Rating on Repligen Historical earnings data for Repligen
Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha More on American Tower American Tower: The Turnaround May Already Be Underway American Tower: Steadily Growing Long-Term Demand Drivers, Shares Attractive American Tower Is Signaling Future Upside American Tower issues light 2026 guidance amid cost efficiency push; Q4 earni...
Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha More on American Tower American Tower: The Turnaround May Already Be Underway American Tower: Steadily Growing Long-Term Demand Drivers, Shares Attractive American Tower Is Signaling Future Upside American Tower issues light 2026 guidance amid cost efficiency push; Q4 earnings beat American Tower FFO of $2.63 beats by $0.26, revenue of $2.74B beats by $50M
United Parcel Service ( UPS ) plans to proceed with offering $150K buyout packages to some of its drivers after a federal judge rejected a bid by the International Brotherhood of Teamsters union to block its workforce-cutting program. The Teamsters union had argued that the buyouts violated the contract, but the judge deemed their claims of harm unfounded because a logical alternative could be inv...
United Parcel Service ( UPS ) plans to proceed with offering $150K buyout packages to some of its drivers after a federal judge rejected a bid by the International Brotherhood of Teamsters union to block its workforce-cutting program. The Teamsters union had argued that the buyouts violated the contract, but the judge deemed their claims of harm unfounded because a logical alternative could be involuntary layoffs. The parcel delivery company indicated that it wants to reduce its driver workforce due chiefly to the sharp decline in package delivery volume last year, which it expects to continue in 2026 as it shifts away from high-volume, low-margin deliveries for Amazon ( AMZN ). UPS' latest initiative, called the Driver Choice Program, would involve extending offers to 105,000 drivers to leave the company in exchange for $150K plus any retirement benefits earned, including pension and healthcare. Shares of UPS ( UPS ) are up 16.0% on a year-to-date basis. More on UPS United Parcel Service: From Legacy Drag To Margin Inflection United Parcel Service Rally Explained: Why Better Estimates Don't Automatically Mean Upside United Parcel Service: 2026 Is The Year To Accumulate Kevin Warsh to resign from UPS board if confirmed as next Fed chair America’s strongest brands in 2026, ranked
T20 World Cup latest from Pallekele; start: 1.30pm GMT Sign up to our weekly newsletter, The Spin | Email Daniel What an absolute state of affairs this is: Check out Simon Burnton’s preview. Continue reading...
T20 World Cup latest from Pallekele; start: 1.30pm GMT Sign up to our weekly newsletter, The Spin | Email Daniel What an absolute state of affairs this is: Check out Simon Burnton’s preview. Continue reading...