Ubisoft Entertainment SA reported net bookings that beat analysts’ estimates in the fiscal third quarter, buoyed by strong demand for the video game publisher’s most popular franchises such as Assassin’s Creed . Bookings, which measure measure the amount of digital and physical content sold, rose 12% in the period from a year earlier to €338 million ($402 million), Ubisoft said in a statement Thur...
Ubisoft Entertainment SA reported net bookings that beat analysts’ estimates in the fiscal third quarter, buoyed by strong demand for the video game publisher’s most popular franchises such as Assassin’s Creed . Bookings, which measure measure the amount of digital and physical content sold, rose 12% in the period from a year earlier to €338 million ($402 million), Ubisoft said in a statement Thursday. That came in ahead of the French company’s previous forecast for about €330 million. “This performance reflects the strength of our portfolio and the breadth of player engagement across our core franchises, supported by recent releases and live content updates that continue to resonate with players,” Ubisoft Chief Executive Officer Yves Guillemot said in the statement. Ubisoft’s investors are bracing for disruption as the company embarks on a sweeping overhaul of its game pipeline, after having canceled six projects, delayed another seven and cut guidance for the current fiscal year. Read More: Ubisoft Plunges Most Ever on Guidance Cut, Canceled Games Once one of the biggest and most respected game makers, the company has suffered a string of setbacks in the past few years and struggled to stay creatively competitive. It breached a loan covenant last year, triggering an unusual, week-long delay in releasing its first-half financial results. Ubisoft has also announced job cuts in France earlier this year. High-profile releases such as Avatar: Frontiers of Pandora and Star Wars Outlaws have fallen flat with consumers. The company has reorganized its portfolio into five units or “creative houses,” effective April, and faces questions about whether the reset will halt mounting losses and restore growth. Ubisoft will appoint leaders for these units starting March, it said in Thursday’s statement. The creative houses structure encompasses Vantage Studios, a unit carved out by Ubisoft in 2025 that contains Assassin’s Creed , Far Cry and Tom Clancy’s Rainbow Six. Chinese gami...
Watcom/iStock via Getty Images Thesis Summary The market is benefitting from a period of AI goldilocks, which is pushing GDP up while keeping inflation down and not yet hurting employment. At the same time, markets aren’t really pricing in much in terms of Fed rate cuts, and this is a mistake. Three key dynamics are going to be converging that will soon shift the narrative. When you look closely a...
Watcom/iStock via Getty Images Thesis Summary The market is benefitting from a period of AI goldilocks, which is pushing GDP up while keeping inflation down and not yet hurting employment. At the same time, markets aren’t really pricing in much in terms of Fed rate cuts, and this is a mistake. Three key dynamics are going to be converging that will soon shift the narrative. When you look closely at inflation, employment, and the political backdrop shaping monetary policy, there’s a good case to be made in favor of more aggressive rate cuts, and I think the market will soon realize this. Ultimately, this puts certain stocks in a great position, with more rate cuts at the same time that GDP keeps increasing. A strange scenario, enabled by AI, that markets aren’t pricing in just yet. The SOFR Curve Reflects (Over)Confidence Let’s start by assessing what the market knows, or rather what it’s pricing in. SOFR curve (Chatham Financial) The SOFR futures curve is pricing in a gradual path of easing over the next year, with likely 1 or at most 2 rate cuts in 2026. It's expected that the rate policy bottoms out somewhere above 3% and then heads back up from there. In other words, the SOFR curve implies a pretty benign scenario, with no recession but sticky inflation and resilient employment. I’m here to challenge those assumptions. Employment Is Weakening Beneath the Surface While the recent labor market data looked encouraging on the surface, the economy is no doubt slowing down. I find this chart by Claudia Sahm, creator of the Sahm rule, quite telling. Non-farm payrolls (SAHM Macro) As we can see, the 3-month average change in payrolls has been drifting down over the last two years and even entered negative territory. What's interesting, though, is the forecast she makes based on revisions, which are very common. Ultimately, we’ve had almost no job growth over the last year, while wages have remained stagnant. A new low-hire, low-fire paradigm, in which the economy looks t...
Reddit 's (NYSE: RDDT) stock has struggled this year, even as the online discussion platform sees soaring revenue and surging profitability. The stock wasn't able to gain any traction after a strong fourth-quarter earnings report and outlook, and is now down more than 35% year to date, as of this writing. Let's take a look at the company's recent earnings report and prospects to see whether invest...
Reddit 's (NYSE: RDDT) stock has struggled this year, even as the online discussion platform sees soaring revenue and surging profitability. The stock wasn't able to gain any traction after a strong fourth-quarter earnings report and outlook, and is now down more than 35% year to date, as of this writing. Let's take a look at the company's recent earnings report and prospects to see whether investors should buy the dip. Reddit has been seeing strong revenue growth, and that continued in Q4, with revenue soaring 70% year over year to $726 million. That crushed the $665 million in revenue that analysts were expecting, as compiled by LSEG . Continue reading
SwissCom press release ( SCMWY ): FY 2025 Revenue of CHF 15.05B (+36.6% Y/Y). Net income of CHF 1.27B. More on SwissCom Swisscom AG 2025 Q4 - Results - Earnings Call Presentation IHS, Deutsche Telekom, Disney come out on top in communication services quant picks ahead of Q4 earnings Seeking Alpha’s Quant Rating on SwissCom Historical earnings data for SwissCom Dividend scorecard for SwissCom
SwissCom press release ( SCMWY ): FY 2025 Revenue of CHF 15.05B (+36.6% Y/Y). Net income of CHF 1.27B. More on SwissCom Swisscom AG 2025 Q4 - Results - Earnings Call Presentation IHS, Deutsche Telekom, Disney come out on top in communication services quant picks ahead of Q4 earnings Seeking Alpha’s Quant Rating on SwissCom Historical earnings data for SwissCom Dividend scorecard for SwissCom
Logistics Stocks Crater As "AI Scare Trade" Crushes Sector, Slams Broader Market FIrst it was SaaS ( in particular, and Software in general ), then Private Credit , then Insurance Brokers , then it was financials/brokers that were hammered on Tuesday, then real estate service stocks tumbled yesterday, and today it is the turn of Logistics stocks to plunge as investors followed the bouncing AI disr...
Logistics Stocks Crater As "AI Scare Trade" Crushes Sector, Slams Broader Market FIrst it was SaaS ( in particular, and Software in general ), then Private Credit , then Insurance Brokers , then it was financials/brokers that were hammered on Tuesday, then real estate service stocks tumbled yesterday, and today it is the turn of Logistics stocks to plunge as investors followed the bouncing AI disruption ball and freaked out over the sector’s vulnerability to the newest crop of artificial intelligence applications and tools that can disrupt countless industries. As the brutal "AI Scare Trade" bouncing ball hits yet another sector, we have seen a painful selloff among big trucking stocks such as DSV and Kuehne and Nagel, both of which are down double digits. The selling is attributed to a 9:15am ET press release from Algorhythm Holdings - a "leading AI technology company" - which announced that its "SemiCab platform in live customer deployments is enabling its customers’ internal operations to scale freight volumes by 300% to 400% without a corresponding increase in operational headcount." These results, detailed in SemiCab’s recently published industry white paper, demonstrate how the company’s AI-driven Collaborative Transportation Platform is transforming freight management from a labor-intensive, manual process into a highly automated, intelligence-led system. In fact, individual operators using SemiCab have been able to manage more than 2,000 loads annually, compared to the traditional industry benchmark of approximately 500 loads per year per freight broker, demonstrating a 4x improvement in workforce productivity. “Historically, logistics has been constrained by human bandwidth,” said Gary Atkinson, Chief Executive Officer of Algorhythm Holdings. “Every increase in volume requires more planners, more dispatchers, and more manual intervention. Our SemiCab platform breaks that dependency by embedding intelligence directly into the freight operating system.” Accor...
It's been about a month since Health Secretary Robert F. Kennedy Jr.—an anti-vaccine activist and lawyer who has no background in medicine, health, or science—released dietary guidance for Americans. It's going about as well as expected for a man who drinks raw milk, peddles beef tallow, swims in sewage-tainted water , and keeps roadkill meat in his freezer . That is to say, it's going badly—so ba...
It's been about a month since Health Secretary Robert F. Kennedy Jr.—an anti-vaccine activist and lawyer who has no background in medicine, health, or science—released dietary guidance for Americans. It's going about as well as expected for a man who drinks raw milk, peddles beef tallow, swims in sewage-tainted water , and keeps roadkill meat in his freezer . That is to say, it's going badly—so badly that even his favorite AI chatbot is openly defecting. Of course, this hasn't slowed Kennedy. On Wednesday, he and Agriculture Secretary Brooke Rollins held an event in Washington, DC, to celebrate what they called the "implementation" of the dietary guidance, which is represented in an upside-down food pyramid—or a funnel . However, the event , which lasted about an hour, seemed mostly focused on honoring a commercial produced to promote the nutrition guidance and a new website showcasing it, RealFood.gov. That commercial, which aired during last weekend's Super Bowl, featured tightly framed shots of world heavyweight champion Mike Tyson, who made stigmatizing remarks about how he felt "fat and nasty" earlier in life and consequently "just wanted to kill myself." He went on to decry America's "obese, fudgy" people and lambasted "processed food," before eating an apple. Read full article Comments
A Spirit Airlines plane is at George Bush Intercontinental Airport (IAH) in Houston, Texas, on Dec. 29, 2025. Reginald Mathalone | Nurphoto | Getty Images Spirit Airlines, trying to emerge from its second bankruptcy in less than a year, has sold another 20 of its Airbus planes and is bringing flight attendants back from furlough . The sale of the 20 aircraft, most of which are not in service, come...
A Spirit Airlines plane is at George Bush Intercontinental Airport (IAH) in Houston, Texas, on Dec. 29, 2025. Reginald Mathalone | Nurphoto | Getty Images Spirit Airlines, trying to emerge from its second bankruptcy in less than a year, has sold another 20 of its Airbus planes and is bringing flight attendants back from furlough . The sale of the 20 aircraft, most of which are not in service, comes as Spirit is attempting to stabilize after years of financial struggles that have executives fighting to keep the carrier alive . "At this time, natural attrition and voluntary actions are providing flexibility needed to right-size our staffing levels for both Pilots and Flight attendants," Spirit COO John Bendoraitis said in a note to employees Wednesday night. The sales brings Spirit's fleet to 94 aircraft, and is "consistent with our plan to focus on our strongest routes and the most efficient fleet," Bendoraitis said. The aircraft will be phased out starting in April, he said. Deal talks with investment firm Castlelake and fellow budget carrier Frontier Airlines haven't yielded an agreement that would give Spirit a path forward, though the airline could forge a plan on its own Read more CNBC airline news Pressure mounts on American Airlines CEO as carrier lags rivals Boeing outsold Airbus last year for first time since 2018, deliveries rise to 600 Allegiant to buy rival budget airline Sun Country in $1.5 billion cash and stock deal Why airline class wars will intensify in 2026 The Dania Beach, Fla.-based carrier is also calling 500 flight attendants back from furlough, just as it gears up for spring break travel season. "Fixing this airline is a shared effort," Bendoraitis said. "There's a lot in this moment that crews can't control, but we do need you to continue giving us the foundation for a strong operation." Spirit has slashed its network and fleet and furloughed more than 1,300 flight attendants and hundreds of pilots to save cash. "This is good news for 500 Fli...
Joby Aviation (NYSE: JOBY) , a developer of electric vertical take-off and landing ( eVTOL ) aircraft, hasn't generated impressive gains since its market debut four and a half years ago. However, I believe this eVTOL maker's stock could soar this year for three simple reasons. Image source: Joby Aviation. First, Joby's S4 eVTOLs are faster and more energy-efficient than other eVTOLs because they u...
Joby Aviation (NYSE: JOBY) , a developer of electric vertical take-off and landing ( eVTOL ) aircraft, hasn't generated impressive gains since its market debut four and a half years ago. However, I believe this eVTOL maker's stock could soar this year for three simple reasons. Image source: Joby Aviation. First, Joby's S4 eVTOLs are faster and more energy-efficient than other eVTOLs because they use tilt-rotor propellers, which rotate between lifting and cruising modes. Other eVTOLs -- including Archer Aviation 's (NYSE: ACHR) Midnight -- rely on separate propellers for lifting and cruising, making them heavier and increasing their drag. That key difference could help Joby pull ahead of Archer in the nascent eVTOL market and replace traditional helicopters. Continue reading
The yuan’s recent strength has been largely underpinned by a softer U.S. dollar. Photo: IC China’s yuan strengthened past the key 6.90-per-dollar threshold on Thursday, with both its onshore and offshore exchange rates climbing to their highest levels this year ahead of the Spring Festival holiday. The offshore yuan, which trades more freely, rose to as strong as 6.894 per dollar during the sessio...
The yuan’s recent strength has been largely underpinned by a softer U.S. dollar. Photo: IC China’s yuan strengthened past the key 6.90-per-dollar threshold on Thursday, with both its onshore and offshore exchange rates climbing to their highest levels this year ahead of the Spring Festival holiday. The offshore yuan, which trades more freely, rose to as strong as 6.894 per dollar during the session and has gained more than 1.1% since the end of 2025. Its onshore counterpart also briefly moved past 6.9, touching 6.8998 in the afternoon. The onshore rate closed at 6.9016, 99 pips stronger than the previous trading day, bringing its total gain this year to 1.25%.
Douglas Rissing Kate Moore, chief investment officer at Citi Wealth, says the U.S. economy remains fundamentally strong despite ongoing market volatility and political pressure for interest rate cuts. “The macro economy is in very good shape at this point,” Moore said in an interview with CNBC, citing recent labor market data that shows “not just a stabilization, but a solid labor market.” Moore p...
Douglas Rissing Kate Moore, chief investment officer at Citi Wealth, says the U.S. economy remains fundamentally strong despite ongoing market volatility and political pressure for interest rate cuts. “The macro economy is in very good shape at this point,” Moore said in an interview with CNBC, citing recent labor market data that shows “not just a stabilization, but a solid labor market.” Moore pointed to several indicators supporting her bullish economic outlook, noting that approximately 55% of industries are currently in net hiring mode. She also highlighted emerging “green shoots” in manufacturing, pushing back against the notion that job growth is overly dependent on the healthcare sector. The continuing claims data, she added, further reinforces her view that employment conditions remain robust. On inflation, Moore expects prices to stay elevated, with CPI data likely to come in above target. “The tariff environment underpins goods prices, we think, in the near term,” she explained, noting that consumer behavior is heavily influenced by the affordability of everyday purchases rather than official inflation measures. While acknowledging political pressure from the Trump administration for more aggressive rate cuts in the second half of the year, Moore suggested the Fed may hold steady unless conditions change dramatically. “If there was a significant deterioration, we would be more than happy to change our macro view and expect a different reaction from the Fed,” she said. Moore also expressed skepticism about the recent rally in defensive sectors like consumer staples ( XLP ), warning that “over 90% of those returns are coming from multiple expansion” rather than genuine earnings growth. She characterized the shift as “rotation for rotation’s sake instead of a changing fundamental backdrop.” For investors navigating 2026, Moore’s advice is clear: focus on fundamentals. “Stay focused and anchored on the earnings and the fundamentals, and don’t let these period...
ASML 's (NASDAQ: ASML) stock rallied about 90% over the past 12 months, but I believe it could surge even higher this year as the AI market expands. ASML is the world's largest producer of lithography systems, which are used to optically etch circuit patterns onto silicon wafers. It's also the only producer of high-end extreme ultraviolet (EUV) lithography systems, which are required for manufactu...
ASML 's (NASDAQ: ASML) stock rallied about 90% over the past 12 months, but I believe it could surge even higher this year as the AI market expands. ASML is the world's largest producer of lithography systems, which are used to optically etch circuit patterns onto silicon wafers. It's also the only producer of high-end extreme ultraviolet (EUV) lithography systems, which are required for manufacturing the smallest, densest, and most power-efficient chips. Image source: Getty Images. All of the world's top foundries -- including TSMC (NYSE: TSM) , Samsung, and Intel (NASDAQ: INTC) -- use ASML's EUV systems in their most advanced nodes. So without ASML, fabless chipmakers like Nvidia (NASDAQ: NVDA) couldn't produce their top-tier AI chips . Continue reading
peshkov/iStock via Getty Images By David Puell, Research Trading Analyst/Associate Portfolio Manager, Digital Assets & Matthew Mena Introduction In 2025, bitcoin ( BTC-USD ) continued to integrate into the global financial system. The launch and growth of spot bitcoin ETFs in 2024 and 2025, the inclusion of digital asset public companies in major equity indices, and ongoing regulatory clarity are ...
peshkov/iStock via Getty Images By David Puell, Research Trading Analyst/Associate Portfolio Manager, Digital Assets & Matthew Mena Introduction In 2025, bitcoin ( BTC-USD ) continued to integrate into the global financial system. The launch and growth of spot bitcoin ETFs in 2024 and 2025, the inclusion of digital asset public companies in major equity indices, and ongoing regulatory clarity are shifting bitcoin from the “crypto” fringe toward a new asset class that we believe is worthy of institutional asset allocation. In our view, the unifying theme for the current cycle is bitcoin’s transition from an “optional” new monetary technology to a strategic allocation for a growing set of investors. In our view, four trends are increasing bitcoin’s value proposition: The macro and policy backdrop shaping demand for scarce digital assets. Structural ownership trends across ETFs, corporates, and sovereigns. Bitcoin’s relationship to gold and the broader store-of-value continuum. Evidence that bitcoin’s drawdowns and volatility are diminishing when compared to prior cycles. In this article, we outline these trends. The 2026 Macro Backdrop Monetary Conditions And Liquidity After an extended period of monetary policy tightening, the macro landscape is shifting: quantitative tightening (QT) ended in the US last December, the U.S. Federal Reserve’s (Fed’s) rate-cutting cycle still is in early innings, and more than $10 trillion in lower-yielding money-market and fixed-income ETFs could be poised to rotate into risk assets. 1 Policy And Regulatory Normalization Regulatory clarity remains a constraint - and potential catalyst - for institutional adoption. In the US and abroad, policymakers have been advancing frameworks to clarify digital asset oversight, to standardize custody, trading, and disclosure, and to provide more guidance for institutional allocators. Proposals like the U.S. CLARITY Act (Digital Asset Market Clarity Act) - under which the Commodity Futures Trading Co...
Just_Super/E+ via Getty Images In just a few short months, investors' enthusiasm about the possibilities for AI to spur innovation and efficiency has turned into a wholesale rejection of the enterprise software sector, with mainstream headlines predicting that vibe-coded AI agents will eventually be able to displace most of the ingrained technologies that run modern businesses. We won't rehash the...
Just_Super/E+ via Getty Images In just a few short months, investors' enthusiasm about the possibilities for AI to spur innovation and efficiency has turned into a wholesale rejection of the enterprise software sector, with mainstream headlines predicting that vibe-coded AI agents will eventually be able to displace most of the ingrained technologies that run modern businesses. We won't rehash the many ways in which this is tougher to do in practice than in principle. What investors should do now, however, is to identify decimated software stocks that are showcasing much healthier fundamentals than doomsday headlines might suggest and take advantage of the fear to buy oversold growth stocks at fantastic prices. Klaviyo ( KVYO ), a CRM platform that targets specifically B2C brands, is a great candidate in this regard after a ~60% slide in its share price over the past year. Meanwhile, the company has just released very strong Q4 results and is gearing up for a robust 2026. Data by YCharts I last wrote a "Buy" opinion on Klaviyo in early January, before the AI selloff began and when the stock was trading at $29 per share. The speed of Klaviyo's selloff doesn't dampen my enthusiasm for the stock. Klaviyo's current >30% growth pace, its rapid margin expansion, and its “Rule of 40” growth/profitability balance all help to justify a rebound in this stock while it's currently trading at oversold valuation multiples. I'm comfortable reiterating my "Buy" opinion on this stock. The first item we should discuss, before digging into the strength of Klaviyo's results, is why it would be very difficult for AI to completely take over Klaviyo's functions. CRM products are among the most prominent enterprise software tools, and they are deeply embedded into the everyday life of a company's sales organization. The value-add lies in the organization that CRM tools provide, plus the customer data that is locked in. Can AI/vibe coding create CRM-style tools? Certainly, at its heart, a C...
Image source: The Motley Fool. Thursday, February 12, 2026 at 10:00 a.m. ET Need a quote from a Motley Fool analyst? Email pr@fool.com Continue reading
Image source: The Motley Fool. Thursday, February 12, 2026 at 10:00 a.m. ET Need a quote from a Motley Fool analyst? Email pr@fool.com Continue reading
Sky_Blue/iStock Unreleased via Getty Images CK Hutchison ( CKHUY ) ( CKHUF ) said Thursday it has warned A.P. Moller-Maersk ( AMKBY ) ( AMKAF ) of potential legal action if the shipping company's terminal unit seeks to take charge of operations at two port terminals near the Panama Canal. The warning comes after Panama's Supreme Court invalidated CK Hutchison's ( CKHUY ) ( CKHUF ) contracts to ope...
Sky_Blue/iStock Unreleased via Getty Images CK Hutchison ( CKHUY ) ( CKHUF ) said Thursday it has warned A.P. Moller-Maersk ( AMKBY ) ( AMKAF ) of potential legal action if the shipping company's terminal unit seeks to take charge of operations at two port terminals near the Panama Canal. The warning comes after Panama's Supreme Court invalidated CK Hutchison's ( CKHUY ) ( CKHUF ) contracts to operate the Balboa and Cristobal terminals, and Maersk ( AMKBY ) ( AMKAF ) subsidiary APM Terminals said it was willing to operate the terminals temporarily to prevent any impact on regional and global trade. CK Hutchison ( CKHUY ) ( CKHUF ) said such a takeover would result in legal recourse against APM Terminals unless it is done in agreement with the firm, and the company said last week that it was seeking "extensive damages" through arbitration against Panama's ruling. The company said it remains fully committed to ensuring its local Panama Ports unit takes all steps reasonably available to protect its employees and avoid disruptions to port operations. The decision handed a political win to President Trump's push to curb China's influence over strategic infrastructure in Latin America. More on CK Hutchison and A.P. Møller-Maersk CK Hutchison: Focus On Results Preview And Ports Disposal A.P. Møller-Maersk Q4 2025 Earnings Call Presentation Maersk: Upside From The Q3'25 Period With A Guidance Increase
In trading on Thursday, shares of Yamaha Mtr CO (Symbol: YAMHF) crossed below their 200 day moving average of $7.41, changing hands as low as $6.70 per share. Yamaha Mtr CO shares are currently trading down about 3.7% on the day. The chart below shows the one year performance
In trading on Thursday, shares of Yamaha Mtr CO (Symbol: YAMHF) crossed below their 200 day moving average of $7.41, changing hands as low as $6.70 per share. Yamaha Mtr CO shares are currently trading down about 3.7% on the day. The chart below shows the one year performance