tolgart/E+ via Getty Images By Steffan Szumowski Investors today frequently associate the bull case for the nuclear energy sector with the adoption of AI and the construction of data centers. While the AI story bolsters the case for nuclear power adoption, it is far from the only reason nuclear energy has received increased attention over the past couple years. Recalling the slew of executive orde...
tolgart/E+ via Getty Images By Steffan Szumowski Investors today frequently associate the bull case for the nuclear energy sector with the adoption of AI and the construction of data centers. While the AI story bolsters the case for nuclear power adoption, it is far from the only reason nuclear energy has received increased attention over the past couple years. Recalling the slew of executive orders (EOs) signed by President Trump in May of 2025, one of the longest sections wasn’t about AI. Rather, it detailed the directive for promoting American nuclear exports. Nuclear’s Geopolitical Strength If a nation wants to pursue commercial nuclear energy but does not have the industrial capabilities to start it themselves, they will look to another country to support their endeavor. The country looking for new nuclear energy will bring more stability to their grid and high-paying jobs for their citizens to operate the facility. The nation providing the nuclear technology has the potential to realize financial gain from the construction project in the country as well as the long-term fuel and maintenance services that will be required over the life of the plant. Arguably, the exporting country’s biggest gain is not financial. It’s the deep political strength derived from another country relying on their nuclear services instead of those of an adversary. Given that the life of some reactor plants is now projected to exceed 100 years, this is a significant political bond that could last over a century. The U.S. Is Prioritizing Nuclear Exports Within the executive order for deploying advanced nuclear reactor technologies for national security, the Secretary of State and the Secretary of Energy are directed to pursue multiple pathways for securing new agreements with other nations for exporting American reactor technology. The current administration wants to build reactors like Westinghouse’s ( CCJ ) AP1000, GE Vernova’s ( GEV ) BWRX-300, and NuScale’s ( SMR ) NPM in as many co...
Palantir joins the tech exodus to Florida as the AI innovator relocates its headquarters to Miami, following billionaires like Bezos and Thiel to the Sunshine State.
Palantir joins the tech exodus to Florida as the AI innovator relocates its headquarters to Miami, following billionaires like Bezos and Thiel to the Sunshine State.
Alistair Berg/DigitalVision via Getty Images Adams Diversified Equity Fund, Inc. ( ADX ) has been around for nearly 95 years and is designed to deliver an ~8% payout to shareholders under a managed distribution policy. Over long periods, it has delivered strong total returns through the yield, persistent discount to NAV, and equity market appreciation. However, at today’s prices of ~$23.27, ADX tr...
Alistair Berg/DigitalVision via Getty Images Adams Diversified Equity Fund, Inc. ( ADX ) has been around for nearly 95 years and is designed to deliver an ~8% payout to shareholders under a managed distribution policy. Over long periods, it has delivered strong total returns through the yield, persistent discount to NAV, and equity market appreciation. However, at today’s prices of ~$23.27, ADX trades at around a ~3.80% discount to its NAV, which is much less than the historical double-digit discounts. Over the last year, ADX price performance has been quite on par with the market. While ADX gained 11.66%, the S&P 500 went up 11.79% in that same period. If you look at longer durations, however, ADX performs much more poorly: Author This shows that despite ADX holding tech and growth stocks, their growth alone has not resulted in ADX’s success. Its strong total returns have, instead, come from its large distributions: Author Now, ADX’s top ten holdings account for 40-45% of assets. Expenses remain low at ~0.49%. This is an attractive fund with an ~8% payout and no leverage. When markets are strong, ADX generates good realized gains, so shareholders receive steady cash flows. This is supported by those realized gains, so total returns are strong, and nobody worries about lagging price performance. However, when the market isn’t doing well, the source of distribution shifts from gains to capital. For example, in Q1 2026 , 78% of the payout will be coming from ROC. For the last couple of years, at least, the ROC component of the distribution was zero . This does not automatically mean NAV destruction - it could simply reflect the timing of realized gains - but the difference from prior years is striking and shows how dependent ADX is on market performance. New buyers need to look at the reduced discount and the sudden shift to a high ROC and weigh these against alternatives to arrive at a sober buy/sell decision for ADX. What ADX Actually is ADX is not a traditional inc...
gorodenkoff Paul Tudor Jones's Tudor Investment fund took a new stake in Alphabet, liquidated its holding in Meta Platforms ( META ), and increased its holdings in one S&P 500 ETF while reducing its stake in another, among its notable trades in Q4, according to its 13F filing. The fund also appeared to take some profits from a bitcoin ETF during the quarter. New purchases included Alphabet C share...
gorodenkoff Paul Tudor Jones's Tudor Investment fund took a new stake in Alphabet, liquidated its holding in Meta Platforms ( META ), and increased its holdings in one S&P 500 ETF while reducing its stake in another, among its notable trades in Q4, according to its 13F filing. The fund also appeared to take some profits from a bitcoin ETF during the quarter. New purchases included Alphabet C shares ( GOOG ) with ~764K shares valued at $238.9M, Sealed Air ( SEE ) at 4.19M shares ($173.4M), and JPMorgan Chase ( JPM ) at ~301K shares ($96.8M). Exits included Spirit AeroSystems Holdings due to Boeing's ( BA ) purchase of the company and Meta Platforms ( META ), disposing of 194K shares. The fund increased its holdings in iShares Core S&P 500 ETF ( IVV ) to 1.40M shares ($956.7M) from 19K shares and in Exact Sciences ( EXAS ) to 1.98M shares ($200.9M) from 15K shares. It reduced stakes in State Street S&P 500 ETF ( SPY ) to about 445K shares ($1.47M) from 1.45M shares and in iShares Bitcoin Trust ( IBIT ) to ~577K shares ($28.6M) from 2.95M shares, according to the filing. More on Alphabet, Meta, etc. The Next Sector That Could Be Cannibalized By AI This Is When The Bull Market Is In Trouble S&P 500: The Path To 5,000 Is Getting Clearer Google takes wraps off budget Pixel 10a ahead of near imminent iPhone 17e launch Anthropic may share up to $6.4B with Amazon, Google, Microsoft in 2027: report
Kambi Group plc press release ( KMBIF ): Q4 2025 Revenue of €42.7M (-4.0% Y/Y). Adjusted EBITA (acq) in the quarter was €7.4M. Cash flow (excluding working capital and M&A) amounted to €6.0M. More on Kambi Group plc Kambi Group plc (KMBIF) Q4 2025 Earnings Call Transcript Kambi Group plc 2025 Q4 - Results - Earnings Call Presentation PENN inks extension with Kambi as it resets its long-term sports...
Kambi Group plc press release ( KMBIF ): Q4 2025 Revenue of €42.7M (-4.0% Y/Y). Adjusted EBITA (acq) in the quarter was €7.4M. Cash flow (excluding working capital and M&A) amounted to €6.0M. More on Kambi Group plc Kambi Group plc (KMBIF) Q4 2025 Earnings Call Transcript Kambi Group plc 2025 Q4 - Results - Earnings Call Presentation PENN inks extension with Kambi as it resets its long-term sportsbook plans Seeking Alpha’s Quant Rating on Kambi Group plc Historical earnings data for Kambi Group plc
The AI talent war is pushing ChatGPT creator OpenAI to give out millions in equity compensation to its 4,000 employees. Meanwhile, its boss, Sam Altman, has zero equity and just a $76K salary.
The AI talent war is pushing ChatGPT creator OpenAI to give out millions in equity compensation to its 4,000 employees. Meanwhile, its boss, Sam Altman, has zero equity and just a $76K salary.
County has highest number of reinstated elections following decision not to delay them for 30 English councils Labour figures in the county with the highest number of reinstated council elections, following the government’s recent U-turn, have said they fear the party will be “annihilated” when voters go to the polls in May. The polls had expected to be postponed pending a reorganisation of local ...
County has highest number of reinstated elections following decision not to delay them for 30 English councils Labour figures in the county with the highest number of reinstated council elections, following the government’s recent U-turn, have said they fear the party will be “annihilated” when voters go to the polls in May. The polls had expected to be postponed pending a reorganisation of local government in the county and a move to unitary authorities, but earlier this week the local government secretary, Steve Reed, scrapped plans to delay the elections , after Reform UK threatened a legal challenge. Continue reading...
Earnings Call Insights: The Vita Coco Company (COCO) Q4 2025 Management View Michael Kirban, Co-Founder, Executive Chairman & President, emphasized "continued strong performance and overcoming the unusual challenges of 2025 to deliver a record year," citing global net sales, gross profit, net income, and adjusted EBITDA growth. Kirban spotlighted coconut water's rapid expansion with the U.S. categ...
Earnings Call Insights: The Vita Coco Company (COCO) Q4 2025 Management View Michael Kirban, Co-Founder, Executive Chairman & President, emphasized "continued strong performance and overcoming the unusual challenges of 2025 to deliver a record year," citing global net sales, gross profit, net income, and adjusted EBITDA growth. Kirban spotlighted coconut water's rapid expansion with the U.S. category growing 22%, the U.K. 32%, and Germany over 100%. He noted, "Our increased investment in the U.K., Germany and other select European markets is paying off with healthy growth and brand share wins such that the International segment growth contributed 29% of the 2025 total company net sales growth." Kirban highlighted the appointment of Charles van Es as Chief Commercial Officer with global responsibility, reflecting the company's commitment to international growth. CEO Martin Roper reported "record performance in 2025," with net sales up 18% and Vita Coco Coconut Water growing 26%. Roper described the Walmart reset in the U.S. as a driver for improved distribution and space allocation, stating, "We recovered most of the distribution loss at the end of 2024 and improved our total distribution and space allocation from 2024 levels now in what we believe is a higher traffic aisle." He noted the exemption from most coconut water product tariffs starting in November and anticipated cost benefits in 2026. Roper outlined the plan to secure 25% of 2026 ocean shipping needs with fixed-price commitments to reduce ocean freight volatility. CFO Corey Baker provided further detail: "For 2025, net sales increased $94 million or 18% year-over-year to $610 million, driven by strong Vita Coco Coconut Water net sales growth of 26%, partially offset by private label declines of 19%." Baker reported consolidated gross profit of $223 million and gross margin at 37%, down 200 basis points year-over-year due to higher product costs and tariffs. Baker stated, "Net income attributable to shareh...
Earnings Call Insights: Genco Shipping & Trading Limited (GNK) Q4 2025 Management View CEO John Wobensmith opened by highlighting Genco’s progress on its comprehensive value strategy, emphasizing dividends, financial deleveraging, and opportunistic fleet growth. Wobensmith stated that over five years, Genco has invested $347 million in modern vessels, paid $270 million in dividends, and reduced de...
Earnings Call Insights: Genco Shipping & Trading Limited (GNK) Q4 2025 Management View CEO John Wobensmith opened by highlighting Genco’s progress on its comprehensive value strategy, emphasizing dividends, financial deleveraging, and opportunistic fleet growth. Wobensmith stated that over five years, Genco has invested $347 million in modern vessels, paid $270 million in dividends, and reduced debt by $249 million. He reported, “We declared our 26th consecutive dividend, representing an annualized yield of 9% on our current share price. Our highest dividend level since Q4 2022 and the longest period of uninterrupted dividends in our dry bulk peer group.” (CEO John Wobensmith) Wobensmith detailed the purchase agreement for two 2020-built Newcastlemax vessels with expected delivery in March, which he said would "further increase our operating leverage and expand our presence in a key sector with compelling supply and demand fundamentals." He highlighted, "We achieved multiyear highs across key metrics in Q4 and have significant momentum going into Q1 2026, building on our success generating TCE and EBITDA levels that were the highest in 3 years." (CEO Wobensmith) Wobensmith also addressed a recent acquisition proposal, stating, “Our Board thoroughly reviewed the proposal with the assistance of external advisers and determined the proposal significantly undervalued Genco.” CFO Peter Allen said, “Genco recorded net income of $15.4 million or $0.35 basic and diluted net earnings per share. Adjusted net income is $17.3 million or $0.40 and $0.39 basic and diluted earnings per share, excluding other operating expense of $1.9 million for shareholder-related expenses. Adjusted EBITDA for Q4 totaled $42 million, an increase of 94% as compared to Q3.” Outlook Management reported, "Estimated Q1 2026 TCE is our highest Q1 level since 2024 and over 50% above Q1 2025 levels. Based on our firm fixtures to date and the continued execution of our value strategy, we expect a higher d...
Our top chart strategist explains what investors are missing amid all the chatter over software stocks and AI spending; plus, his favorite stock to trade right now.
Our top chart strategist explains what investors are missing amid all the chatter over software stocks and AI spending; plus, his favorite stock to trade right now.
A Hongkonger has been beaten on the head with a beer bottle while visiting Sapporo, prompting the Chinese consulate in the Japanese city to again warn Chinese nationals against travelling to the country amid frayed bilateral ties. The consulate said the attack occurred at a restaurant in the early hours of Wednesday and that Japanese police had arrested a suspect at the scene. “The [consulate] has...
A Hongkonger has been beaten on the head with a beer bottle while visiting Sapporo, prompting the Chinese consulate in the Japanese city to again warn Chinese nationals against travelling to the country amid frayed bilateral ties. The consulate said the attack occurred at a restaurant in the early hours of Wednesday and that Japanese police had arrested a suspect at the scene. “The [consulate] has made representations to the local police, requiring the police to seriously hold the perpetrators...
Wells Fargo Sees 'YOLO' Trade Driving $150B Into Bitcoin & Risk Assets Authored by Zoltan Vardai via CoinTelegraph.com, US tax filers may see bigger refunds in 2026 compared with previous years, a development one Wall Street strategist said may boost risk appetite for digital assets and tech stocks preferred among retail investors. In a note cited by CNBC, Wells Fargo analyst Ohsung Kwon said the ...
Wells Fargo Sees 'YOLO' Trade Driving $150B Into Bitcoin & Risk Assets Authored by Zoltan Vardai via CoinTelegraph.com, US tax filers may see bigger refunds in 2026 compared with previous years, a development one Wall Street strategist said may boost risk appetite for digital assets and tech stocks preferred among retail investors. In a note cited by CNBC, Wells Fargo analyst Ohsung Kwon said the coming refund wave may help bring back the so-called “YOLO” trade, with as much as $150 billion potentially flowing into equities and Bitcoin by the end of March. Kwon said the extra cash could be most visible among higher-income consumers. “Speculation picks up with bigger savings…we expect YOLO to return,” wrote Wells Fargo analyst Ohsung Kwon in a Sunday note seen by news outlet CNBC. “Additional savings from tax returns, especially for the high-income consumer will flow back into equities, in our view,” he added. Kwon said some of that liquidity could move into Bitcoin and into stocks popular with retail traders, including Robinhood and Boeing. Cointelegraph contacted Wells Fargo for details on the assumptions behind the $150 billion estimate and how much of that total the bank expects could go to digital assets, but had not received a response by publication time. Bitcoin demand depends on sentiment While some of the taxpayer funds may flow into Bitcoin and digital assets, it’s important to consider the higher inflation and consumer spending compared to the period during the COVID-19 pandemic, Nicolai Sondergaard, research analyst at crypto intelligence platform Nansen, told Cointelegraph: “If sentiment starts to come around and retail sees positive upwards momentum in crypto assets, I see that as increasing the likelihood of funds flowing in this direction.” Conversely, retail investors may opt for other assets with “higher momentum and social stickiness,” if digital asset sentiment doesn’t improve in the near term, he said. The larger tax returns are due to the passa...
Randall Williams, Bloomberg US Sports Business Reporter, discusses Madison Square Garden Sports' plan to separate its New York Knicks business from its New York Rangers business. (Source: Bloomberg)
Randall Williams, Bloomberg US Sports Business Reporter, discusses Madison Square Garden Sports' plan to separate its New York Knicks business from its New York Rangers business. (Source: Bloomberg)
coldsnowstorm/iStock via Getty Images BigBear.ai ( BBAI ) has transitioned from a valuation-excess stage in October 2025, when I issued a Sell call. The share prices are down ~40% since, and I think it is a time to book profits and move to a Hold. The warrant overhang is a lesser mechanical pressure now. The risks of further dilutive events have shifted from existential funding to more growth inve...
coldsnowstorm/iStock via Getty Images BigBear.ai ( BBAI ) has transitioned from a valuation-excess stage in October 2025, when I issued a Sell call. The share prices are down ~40% since, and I think it is a time to book profits and move to a Hold. The warrant overhang is a lesser mechanical pressure now. The risks of further dilutive events have shifted from existential funding to more growth investments needs. An Ask Sage acquisition also makes ~20% revenue uptick possible in 2026. BigBear is still not a Buy because execution and integration risks remain. As of now, we do not have any proof of a rebound in core revenue. The profitability situation has also remained where it was in October. Also, a lack of early stage traction does not rule out further multiple contraction. Growth and Profitability Concerns Stay With Q3 data in, the revenue contraction issues are still somewhat at play. Somewhat, because there hasn't been further sequential decline. The guidance for the full year is a wide range from $125m-$140m and that is below the TTM revenue. Core organic revenue growth is missing - for an early stage defense-focused AI contractor, the proof of concept is often lumpy and requires years of build and months of sales cycle. BigBear had also run into hurdles like an untimely government shutdown, further delaying any possible traction. However, fact is, traction so far is not strong enough to call the product-market fit validated yet. That's the bigger concern - actual revenue trends matter less at this stage, but de-growth signs do not help BigBear's cause. Revenue Growth YoY - BBAI (Seeking Alpha) Data by YCharts The street already embeds a 20-25% growth in 2026. It will be important to see how BigBear guides ahead in the upcoming Q4 quarterly call and whether this estimate gets an upgrade. Organic growth remains as critical as the overall growth outlook for the next year. As of now, the ~$30m revenue uptick in 2026, broadly matches with the ~$25m ARR from the Ask ...
As promised, Google opened preorders for its Pixel 10A midrange phone, and it’ll launch on March 4th. We already published a hands-on with the device, and I encourage you to check it out (we think it’s more like a better Pixel 9A than a slightly worse Pixel 10). If you decide that you want to go through with a preorder, the best deal we’ve found so far is at Amazon and Best Buy , where you can get...
As promised, Google opened preorders for its Pixel 10A midrange phone, and it’ll launch on March 4th. We already published a hands-on with the device, and I encourage you to check it out (we think it’s more like a better Pixel 9A than a slightly worse Pixel 10). If you decide that you want to go through with a preorder, the best deal we’ve found so far is at Amazon and Best Buy , where you can get a $100 gift card by preordering the $499 phone with 128GB of storage in any of its four colors (berry, fog, obsidian, lavender). Alternatively, you can opt to get a free pair of Pixel Buds 2A (a $129 value) instead with the purchase of the obsidian color at Amazon. Google Pixel 10A Where to Buy: $599 $499 at Amazon (free $100 gift card) $629 $499 at Amazon (free Pixel Buds 2A) $599 $499 at Best Buy (free $100 gift card) If you want to buy a Pixel 10A through the Google Store , it’s offering either a $100 store credit or a pair of Pixel Buds 2A with purchase through March 11th. Additionally, trading in your phone can knock down the price of the 10A to as low as $49, depending on the model (my Pixel 9 Pro with 128GB of storage would get $450 in trade-in credit, and the iPhone 16 Pro Max would only get $100 more). While the Pixel 10A looks almost identical to last year’s Pixel 9A, there are some differences. It has the stronger Gorilla Glass 7i glass, and it’s capable of going up to 11 percent brighter, peaking at 3,000 nits. Google says that the screen’s bezels are 10 percent narrower. It’s a similar phone to the Pixel 9A internally, too, with the Tensor G4 processor and 8GB of RAM, but it lacks PixelSnap, so it can’t tap into Google’s ecosystem of magnetic Pixel 10 accessories. It has some AI-powered features from the latest flagship phone, but ones like Magic Cue and Pixel Screenshots aren’t included here due to memory constraints. We’ll be keeping an eye out for other appealing Pixel 10A preorder offers to add to this post ahead of the phone’s launch.
Exclusive: UK graduates working in Germany and Belgium – and possibly other countries – informed of rises as salary threshold is cut Britons living in some European countries face a huge rise in their student loan repayments later this year, the Guardian can reveal, in a move that threatens to trigger a fresh backlash for Rachel Reeves. UK graduates working in Germany and Belgium – and possibly ot...
Exclusive: UK graduates working in Germany and Belgium – and possibly other countries – informed of rises as salary threshold is cut Britons living in some European countries face a huge rise in their student loan repayments later this year, the Guardian can reveal, in a move that threatens to trigger a fresh backlash for Rachel Reeves. UK graduates working in Germany and Belgium – and possibly other countries – have been told that their monthly repayments will increase from April, the Guardian can reveal. Continue reading...