Here are the biggest calls on Wall Street on Tuesday: Citi reiterates Nvidia as buy Citi says it's bullish heading into earnings next week. "We recommend investors add to NVDA as valuation looks attractive with the stock likely to outperform in 2H26 as demand visibility extends into 2027." Bernstein upgrades Toast to outperform from market perform Bernstein says the restaurant tech company is an A...
Here are the biggest calls on Wall Street on Tuesday: Citi reiterates Nvidia as buy Citi says it's bullish heading into earnings next week. "We recommend investors add to NVDA as valuation looks attractive with the stock likely to outperform in 2H26 as demand visibility extends into 2027." Bernstein upgrades Toast to outperform from market perform Bernstein says the restaurant tech company is an AI winner. "We upgrade Toast to OP. The stock is down 26% YTD and over 34% in the last 1yr on significant de-rating within the software space, de-rating also within fintechs and some competitive concerns." JPMorgan reiterates Carvana as overweight JPMorgan says AI fears are overblown for Carvana. "CVNA's Vertically Integrated Infra a Key Moat That Is Hard to Disrupt and Uniquely Positioned to Adopt/Leverage AI to Differentiate Further." UBS upgrades Melco to buy from neutral UBS says buy the dip in the casino company. "Melco's share price has declined 27% YTD, likely due to concerns over the trademark licence fee hike, margin pressure, and market share losses. Looking ahead, we think Melco's asset enhancements at City of Dream in Macau, including the new luxury all-suite hotel due in Q326, should enable it to largely offset margin pressures and higher branding fees in 2026." Citi initiates BitGo Holdings as buy Citi says the crypto infrastructure company is well positioned. "We initiate coverage with a Buy/HR rating; our constructive thesis reflects the view that BitGo i s positioned as a center of gravity for on-chain finance." UBS upgrades Southwest to buy from neutral UBS says it likes the company's new initiatives. "We upgrade LUV to Buy from Neutral & raise our price target to $73 (from $51)." Read more. Goldman Sachs initiates EquipmentShare as buy Goldman called the construction rental company "compelling technology led growth in an attractive end market." "We initiate coverage of EquipmentShare with a Buy rating and $51 price target." Baird initiates Tempus AI as out...
Shares of DTE Energy jumped Tuesday after the Michigan-based energy company reported better-than-expected quarterly earnings as it prepares to power Oracle’s data center in Saline Township, Mich. The company reiterated its 2026 forecast for operating earnings per share of $7.59 to $7.73. DTE stock was up 2.2% in premarket trading, having spiked 30% earlier in the session.
Shares of DTE Energy jumped Tuesday after the Michigan-based energy company reported better-than-expected quarterly earnings as it prepares to power Oracle’s data center in Saline Township, Mich. The company reiterated its 2026 forecast for operating earnings per share of $7.59 to $7.73. DTE stock was up 2.2% in premarket trading, having spiked 30% earlier in the session.
Tesla stock fell early Tuesday. Over the weekend, CEO Elon Musk claimed Jeffrey Epstein started a Tesla short campaign. He also discussed the upcoming Cybercab and Optimus.
Tesla stock fell early Tuesday. Over the weekend, CEO Elon Musk claimed Jeffrey Epstein started a Tesla short campaign. He also discussed the upcoming Cybercab and Optimus.
Morsa Images/DigitalVision via Getty Images Back in November of 2025, I decided to revisit Cullen/Frost Bankers ( CFR ). Conceptually, I think it is a great business. Management has achieved strong operational and financial performance as of late. Asset quality is robust, and an overall expansion of key aspects of the balance sheet has been occurring. But as a value investor, I am sensitive to how...
Morsa Images/DigitalVision via Getty Images Back in November of 2025, I decided to revisit Cullen/Frost Bankers ( CFR ). Conceptually, I think it is a great business. Management has achieved strong operational and financial performance as of late. Asset quality is robust, and an overall expansion of key aspects of the balance sheet has been occurring. But as a value investor, I am sensitive to how much I pay for the value that I perceive. And at that time, the stock was just a bit too expensive for my liking. This led me, ultimately, to reaffirm the company as a ‘hold’ candidate. Since then, the market has disagreed with my view that shares should perform along the lines of the broader market for the foreseeable future. In fact, the stock has jumped 18.7% since then. This is at a time when the S&P 500 is up 1.7%. Given this return disparity that has occurred over an undeniably short window of time, I figured it would be a good idea to revisit the company. Honestly, I still feel very much the same as I did back then. Is it possible that shares could continue to outperform the market moving forward? Absolutely. However, at the current price that shares are going for, I cannot bring myself to pull the trigger on it. The stock looks just a bit pricey for my liking, even factoring in the amazing quality that exists here. So in light of that, I believe that maintaining it as a ‘hold’ candidate is the right choice. The price isn’t right For the final quarter of the 2025 fiscal year , Cullen/Frost Bankers reported deposits of $42.92 billion. This is a significant amount of money. But in the banking industry, it still makes this more of a mid-sized bank than it does a large one. After all, the market capitalization of the company right now is just $9.18 billion. What I do know is that the overall deposits of the institution did come in above the $42.52 billion the company had during the third quarter. And it also represents a slight increase over the $42.72 billion that mana...
Itron press release ( ITRI ): Q4 Non-GAAP EPS of $2.46 beats by $0.27 . Revenue of $571.66M (-6.7% Y/Y) beats by $10.14M . Adjusted EBITDA of $99 million and $374 million, increased 21% and 16%; and Free cash flow of $112 million and $383 million, increased $41 million and $175 million Device Solutions revenue decreased 3%, or 7% in constant currency, due to lower legacy electricity product sales ...
Itron press release ( ITRI ): Q4 Non-GAAP EPS of $2.46 beats by $0.27 . Revenue of $571.66M (-6.7% Y/Y) beats by $10.14M . Adjusted EBITDA of $99 million and $374 million, increased 21% and 16%; and Free cash flow of $112 million and $383 million, increased $41 million and $175 million Device Solutions revenue decreased 3%, or 7% in constant currency, due to lower legacy electricity product sales related to portfolio optimization in EMEA and lower North American project deployments. Networked Solutions revenue decreased 15%, due to the timing of project deployments. Outcomes revenue increased 23%, due to increased delivery services and recurring revenue. Resiliency Solutions revenue was $3 million which only includes revenue from Urbint since the acquisition closed on November 3, 2025. Total backlog at quarter end was $4.5 billion compared with $4.7 billion in the prior year. Bookings in the quarter totaled $0.7 billion, and bookings for the full year totaled $2.1 billion. Q1 and Full Year 2026 Current Outlook First quarter 2026 financial outlook: Revenue between $565 and $575 million vs. $593.21M consensus Non-GAAP diluted EPS between $1.20 and $1.30 vs. $1.35 consensus Full year 2026 financial outlook: Revenue between $2.35 to $2.45 billion vs. $2.43B consensus Non-GAAP diluted EPS between $5.75 to $6.25 vs. $5.92 consensus More on Itron Itron, Inc. 2025 Q3 - Results - Earnings Call Presentation Itron: Acquisitive Amidst A Mixed Performance Itron Q4 2025 Earnings Preview Seeking Alpha’s Quant Rating on Itron Historical earnings data for Itron
High court judge rules in favour of police force’s decision to compel staff to declare membership of organisation Freemasons have failed in their attempt to bring a legal challenge against Britain’s biggest police force over its decision to compel staff to declare whether they are or have been members. Mr Justice Chamberlain said on Tuesday that the Metropolitan police’s decision “serves a legitim...
High court judge rules in favour of police force’s decision to compel staff to declare membership of organisation Freemasons have failed in their attempt to bring a legal challenge against Britain’s biggest police force over its decision to compel staff to declare whether they are or have been members. Mr Justice Chamberlain said on Tuesday that the Metropolitan police’s decision “serves a legitimate aim, maintaining and enhancing public trust in policing, and is proportionate”. Continue reading...
Funtap Apollo’s chief economist, Torsten Slok, highlighted a striking reality in global fixed-income markets: nearly 90% of publicly traded bonds worldwide currently yield less than 5%. The finding underscores the constrained income environment facing investors despite elevated interest rate levels. With inflation hovering around 3%, Slok estimates that holders of traditional public bonds are capt...
Funtap Apollo’s chief economist, Torsten Slok, highlighted a striking reality in global fixed-income markets: nearly 90% of publicly traded bonds worldwide currently yield less than 5%. The finding underscores the constrained income environment facing investors despite elevated interest rate levels. With inflation hovering around 3%, Slok estimates that holders of traditional public bonds are capturing roughly a 2% real return annually, a modest payoff given ongoing macroeconomic uncertainty. In the U.S. Treasury market, yields remain relatively contained across the curve. The U.S. 2 Year Treasury yield ( US2Y ) is yielding about 3.40%, while the U.S. 5 Year Treasury yield ( US5Y ) stands near 3.60%. Furthermore, the benchmark U.S. 10 Year Treasury yield ( US10Y ) hovers near 4.03%, while the U.S. 20 Year Treasury yield ( US20Y ) sits at 4.62%, and the longer-end U.S. 30 Year Treasury yield ( US30Y ) is at 4.67%. The data highlights the persistent challenge for income-focused portfolios seeking meaningful real yield in today’s global bond landscape, despite the recent rise in nominal interest rates across major developed economies. Continued demand from institutional investors searching for stability and predictable cash flow underscores the uncertainty surrounding the macro and policy environment as the new year begins. Fixed Income ETFs: ( TLT ), ( TLH ), ( IEF ), ( IEI ), ( SHY ), ( SGOV ), ( SCHO ), ( BIL ), ( AGG ), ( BND ), ( VCIT ), ( MUB ), ( MBB ), ( JNK ), ( LQD ), ( HYG ), ( VTIP ), ( TIP ), ( SCHP ), ( STIP ), ( TIPX ), ( SPIP ), ( WIP ), ( GTIP ), ( LQDI ), and ( RINF ). More on markets ETF inflows roar out of the gate in 2026 as they are on pace to top $2T by year end What Will Drive The S&P 500 Over 7,000? An $80 Billion Liquidity Storm May Be About To Hit Stocks This Week Software Is Finally Cracking - And The Great Rotation Is Picking Up Speed Mega Cap 8 Declining As Top Performers Emerge In Major Value Rotation
cmart7327/E+ via Getty Images Empire State Manufacturing Index (February): 7.1 vs. 7.0 consensus and 7.7 in January, according to data released by the Federal Reserve Bank of New York. The general business conditions held steady, suggesting activity expanded modestly for a second consecutive month. "Manufacturing activity continued to expand modestly in New York State in February. Firms remained o...
cmart7327/E+ via Getty Images Empire State Manufacturing Index (February): 7.1 vs. 7.0 consensus and 7.7 in January, according to data released by the Federal Reserve Bank of New York. The general business conditions held steady, suggesting activity expanded modestly for a second consecutive month. "Manufacturing activity continued to expand modestly in New York State in February. Firms remained optimistic that conditions would continue to improve, with employment expected to grow," said Richard Deitz, economic research advisor at the New York Fed. New orders: 5.8 vs. 6.6 in the prior month. Shipments: -1.0 vs. 16.3 prior. Inventories: 7.1 vs. -2.1 prior. Prices paid: 49.1 vs. 42.8 prior. Prices received: 22.2 vs. 14.4 prior. Number of employees: 4.0 vs. -9.0 prior. Firms continued to be optimistic about the outlook. The index for future business conditions rose four points to 34.7. New orders and shipments are expected to increase, and employment is expected to grow. The capital expenditures index rose eight points to 18.2, a multi-year high, indicating a strengthening in capital spending plans. More on U.S. Economy Odds near one in four Supreme Court rules in favor of Trump's tariffs Slower grocery inflation doesn't mean cheaper prices U.S. economy overall is ‘weaker than widely anticipated’ - The Leuthold Group’s Jim Paulsen
Iranian Navy soldiers at an armed speed boat in Persian Gulf near the strait of Hormuz about 1320km (820 miles) south of Tehran, April 30, 2019. Morteza Nikoubazl | Nurphoto | Getty Images Iran partially closed the strategically vital Strait of Hormuz on Tuesday, state media reported, citing "security precautions" as Tehran's Revolutionary Guards conduct military drills in the waterway. It comes a...
Iranian Navy soldiers at an armed speed boat in Persian Gulf near the strait of Hormuz about 1320km (820 miles) south of Tehran, April 30, 2019. Morteza Nikoubazl | Nurphoto | Getty Images Iran partially closed the strategically vital Strait of Hormuz on Tuesday, state media reported, citing "security precautions" as Tehran's Revolutionary Guards conduct military drills in the waterway. It comes as the U.S. and Iran hold talks in the Swiss city of Geneva, seeking to resolve an ongoing dispute over Tehran's nuclear program. It marks the first time Iran has shut parts of the Strait of Hormuz, a major international waterway that links crude producers in the Middle East with key markets across the globe, since U.S. President Donald Trump threatened Tehran with military action in January. Located in the Gulf between Oman and Iran, the strait is recognized as one of the world's most important oil chokepoints. About 13 million barrels per day of crude oil transited the Strait of Hormuz in 2025, accounting for roughly 31% of global seaborne crude flows, data provided by market intelligence firm Kpler showed. Tuesday's temporary closure of the waterway was aimed at ensuring shipping safety as part of the Revolutionary Guards' "Smart Control of the Strait of Hormuz" drill. The exercise is designed to improve Iran's operational readiness and bolster its deterrence, among other objectives. Energy market participants are closely watching the outcome of the U.S.-Iran talks, particularly as both sides have increased their military presence in the region. Oil prices were last seen trading slightly higher on Tuesday. International benchmark Brent crude futures with April delivery rose 0.1% to $68.71 a barrel, while U.S. West Texas Intermediate futures with March delivery stood 1.4% higher at $63.82. — CNBC's Lee Ying Shan contributed to this report.
Robert Way/iStock Editorial via Getty Images Consolidating Before Likely Beating Nvidia Corporation ( NVDA ) stock has been consolidating since early August 2025, basically showing flat price action for the past six months: Data by YCharts The growth investors' focus has shifted dramatically over the past months – it's not what we saw in 2022-2024, when everyone was seeing NVDA as the main AI bene...
Robert Way/iStock Editorial via Getty Images Consolidating Before Likely Beating Nvidia Corporation ( NVDA ) stock has been consolidating since early August 2025, basically showing flat price action for the past six months: Data by YCharts The growth investors' focus has shifted dramatically over the past months – it's not what we saw in 2022-2024, when everyone was seeing NVDA as the main AI beneficiary on the market. A lot of that optimism from the past has already been priced in, and now more people have started to ask questions like, "What if the ROIC on AI CAPEX is low, and hyperscalers start to cancel their orders for NVDA's offerings shortly?" The premium in NVDA's valuation has evaporated as a result of such questions and the surrounding uncertainty that prevents us from definitively addressing that type of concern. However, I don't think the current concerns about Nvidia's market standing are fully justified. In other words, we see that the demand side remains strong, and although the market is shaking under the weight of the new CAPEX wave, Nvidia shouldn't be negatively affected – at least not in the foreseeable future. The forward earnings are still being adjusted higher every time Nvidia reports fresh earnings, and for the level of growth that's going to come in the next couple of years, the stock is undervalued when judged under conventional metrics. I think that the current consolidation is a healthy thing ahead of the upcoming earnings report, which, in my opinion, will only strengthen bullish conviction and lead to another round of revenue/EPS estimates revisions to the upside. If the stock price doesn't move in that case, it's going to make NVDA deeply undervalued on a forward basis, because it's already quite cheap. I'm leaving my "Buy" on NVDA with no changes ahead of the upcoming print (02/25/2026). The Core Bullish Thesis On NVDA Before jumping right to the consensus expectations and what management guided a few months ago, I'd like to discuss ...
Robert Way/iStock Editorial via Getty Images Consolidating Before Likely Beating Nvidia Corporation ( NVDA ) stock has been consolidating since early August 2025, basically showing flat price action for the past six months: Data by YCharts The growth investors' focus has shifted dramatically over the past months – it's not what we saw in 2022-2024, when everyone was seeing NVDA as the main AI bene...
Robert Way/iStock Editorial via Getty Images Consolidating Before Likely Beating Nvidia Corporation ( NVDA ) stock has been consolidating since early August 2025, basically showing flat price action for the past six months: Data by YCharts The growth investors' focus has shifted dramatically over the past months – it's not what we saw in 2022-2024, when everyone was seeing NVDA as the main AI beneficiary on the market. A lot of that optimism from the past has already been priced in, and now more people have started to ask questions like, "What if the ROIC on AI CAPEX is low, and hyperscalers start to cancel their orders for NVDA's offerings shortly?" The premium in NVDA's valuation has evaporated as a result of such questions and the surrounding uncertainty that prevents us from definitively addressing that type of concern. However, I don't think the current concerns about Nvidia's market standing are fully justified. In other words, we see that the demand side remains strong, and although the market is shaking under the weight of the new CAPEX wave, Nvidia shouldn't be negatively affected – at least not in the foreseeable future. The forward earnings are still being adjusted higher every time Nvidia reports fresh earnings, and for the level of growth that's going to come in the next couple of years, the stock is undervalued when judged under conventional metrics. I think that the current consolidation is a healthy thing ahead of the upcoming earnings report, which, in my opinion, will only strengthen bullish conviction and lead to another round of revenue/EPS estimates revisions to the upside. If the stock price doesn't move in that case, it's going to make NVDA deeply undervalued on a forward basis, because it's already quite cheap. I'm leaving my "Buy" on NVDA with no changes ahead of the upcoming print (02/25/2026). The Core Bullish Thesis On NVDA Before jumping right to the consensus expectations and what management guided a few months ago, I'd like to discuss ...
Senegal secured sufficient funding to meet eurobond payments due in March, according to people familiar with the matter, easing investor anxiety about the government’s ability to service its dollar-denominated debt. The West African nation is on track to meet the almost $485 million of payments after it raised funding in regional debt markets, said the people who asked not to be identified because...
Senegal secured sufficient funding to meet eurobond payments due in March, according to people familiar with the matter, easing investor anxiety about the government’s ability to service its dollar-denominated debt. The West African nation is on track to meet the almost $485 million of payments after it raised funding in regional debt markets, said the people who asked not to be identified because they’re not authorized to speak about the matter publicly. A spokesperson for Senegal’s finance ministry declined to comment. An economy ministry spokesman wasn’t immediately available to comment. Next month will be a key test of whether Senegal can manage its debt without resorting to restructuring. Prime Minister Ousmane Sonko has repeatedly rejected calls to overhaul the country’s obligations, insisting the government can meet rising repayments by tapping regional loan markets. Investor unease has shadowed President Bassirou Diomaye Faye ’s administration since the discovery in 2024 of about $7 billion in previously undisclosed debt — including about $5 billion in external loans — accumulated by the previous government. That led the International Monetary Fund to suspend a $1.8 billion funding package. Senegal lagged the broader rally in emerging market debt in January because of concern about its near-term liabilities. It’s the only African nation that remains in distress territory as its risk premium over US Treasuries trades at 1,151 basis points, according to JPMorgan Chase & Co. data. Read More: Two African Debtors Exit Distressed Club, Leaving Only Senegal The country must pay about $485 million on its eurobonds next month, part of about $1.3 billion of payments falling due across its obligations. The eurobond payments include a $33.8 million coupon on its 2048 debt, a €333.3 million ($394 million) principal repayment on its 2028 euro-denominated bond, and a €47.5 million coupon on that issue, according to data compiled by Bloomberg. Morgan Stanley said last week ...
farres tariq/iStock via Getty Images Inflation rate in Canada decreased to 2.30 percent in January from 2.40 percent in December of 2025. The Consumer Price Index in Canada decreased 0 percent in January of 2026 over the previous month. Canada’s annual core inflation, which excludes eight of the most volatile components such as food, energy, and mortgage interest costs, eased to 2.6% in January 20...
farres tariq/iStock via Getty Images Inflation rate in Canada decreased to 2.30 percent in January from 2.40 percent in December of 2025. The Consumer Price Index in Canada decreased 0 percent in January of 2026 over the previous month. Canada’s annual core inflation, which excludes eight of the most volatile components such as food, energy, and mortgage interest costs, eased to 2.6% in January 2026 from 2.8% the month before. On a monthly basis, core consumer prices rose by 0.2% in January, after a 0.4% decrease in the prior month. More on Canada, FLCA: Warrants Broader Interest, But Wait For A Pullback House votes to end Canada tariffs as six Republicans defy Trump Bridge billionaire lobbied commerce chief before Trump blasted competing span to Canada, NYT reports Seeking Alpha’s Quant Rating on Franklin FTSE Canada ETF Dividend scorecard for Franklin FTSE Canada ETF
A UK court on Tuesday denied a legal challenge brought by the Freemasons against a new London police policy requiring officers to declare membership of the historically secretive society. In a 17-page judgment handed down at London’s High Court, judge Martin Chamberlain said the Metropolitan Police’s policy “serves a legitimate aim, maintaining and enhancing public trust in policing, and is propor...
A UK court on Tuesday denied a legal challenge brought by the Freemasons against a new London police policy requiring officers to declare membership of the historically secretive society. In a 17-page judgment handed down at London’s High Court, judge Martin Chamberlain said the Metropolitan Police’s policy “serves a legitimate aim, maintaining and enhancing public trust in policing, and is proportionate”. He said the grounds of the challenge were not “reasonably arguable”, and the policy was...
Jetta Productions Inc | Digitalvision | Getty Images If you earned overtime pay in 2025, you could see a bigger refund during the 2026 filing season based on a new tax break enacted via President Donald Trump 's "big beautiful bill." But missing details on tax forms , such as on your W-2 from an employer, could be confusing when filing returns this year, experts say. The "no tax on overtime" deduc...
Jetta Productions Inc | Digitalvision | Getty Images If you earned overtime pay in 2025, you could see a bigger refund during the 2026 filing season based on a new tax break enacted via President Donald Trump 's "big beautiful bill." But missing details on tax forms , such as on your W-2 from an employer, could be confusing when filing returns this year, experts say. The "no tax on overtime" deduction allows certain workers to deduct up to $12,500 for single filers or $25,000 for married couples filing jointly per year from 2025 through 2028. The tax break starts to phase out, or get smaller, when earnings exceed $150,000 for single filers or $300,000 for joint filers. Read more CNBC personal finance coverage Parents with student debt face deadline to secure affordable repayment, forgiveness Secure 2.0 let employers pair emergency savings and 401(k)s, but few have done so Home sellers start getting lower prices at 70, research shows — here's why Average IRS tax refund is up 10.9% so far this season, early filing data shows Early estimates point to lower Social Security COLA for 2027 Senators call for longer Social Security Fairness Act lump-sum payment timeline Here's the inflation breakdown for January 2026 — in one chart Average tax refund is up 22%, Bessent says — what filers can expect this season K-shaped economy looks like 'jaws of a crocodile,' economist says: Here's why How EPA 'endangerment finding' repeal could impact your wallet Medical emergencies can lead to debt and bankruptcy — even for insured Americans Bigger tax refunds may be coming — but missing key forms could risk an audit How Social Security Fairness Act payments may affect beneficiaries' taxes Credit card debt tops $1.28 trillion, consistent with 'K-shaped' economy: NY Fed How affordability led to a chasm between stock prices, consumer optimism Student loan complaints at record high, CFPB finds, but agency omits details CNBC's Financial Advisor 100: Best financial advisors, top firms ranked F...