The pharmaceutical industry can be a tricky investment. Remember Pfizer (NYSE: PFE) back in 2020? Its stock price shot from around $33 in February 2020 to nearly $60 by December due to its rapid production/approval of a COVID-19 vaccine. It was the drug stock to own at the time. Since then, demand for that vaccine has waned, and the stock has been on a downward ride. After plummeting in 2023, the ...
The pharmaceutical industry can be a tricky investment. Remember Pfizer (NYSE: PFE) back in 2020? Its stock price shot from around $33 in February 2020 to nearly $60 by December due to its rapid production/approval of a COVID-19 vaccine. It was the drug stock to own at the time. Since then, demand for that vaccine has waned, and the stock has been on a downward ride. After plummeting in 2023, the price has moved sideways since early 2024. It now sits at around $28, lower than its pre-COVID price. Continue reading
Family pay tribute to Demi Edmunds, from Caldicot, saying she ‘loved her friends, and she was loved by all’ A 17-year-old girl who died in a collision involving three cars in Wales was “funny, kind and caring”, her brother said. Demi Edmunds was the sole pedestrian in the incident on the A4042 in Cwmbran, Torfaen, Wales, which occurred at about 12.25pm on Thursday, Gwent police said. The teenager ...
Family pay tribute to Demi Edmunds, from Caldicot, saying she ‘loved her friends, and she was loved by all’ A 17-year-old girl who died in a collision involving three cars in Wales was “funny, kind and caring”, her brother said. Demi Edmunds was the sole pedestrian in the incident on the A4042 in Cwmbran, Torfaen, Wales, which occurred at about 12.25pm on Thursday, Gwent police said. The teenager from Caldicot was pronounced dead at the scene. Her brother Jake said in a tribute published by the force on Saturday: “Demi was the best sister I could’ve ever asked for. She was funny, kind and caring. “Me and her were very close, she was like a best friend to me that I could trust with anything and everything, but she’s no longer with us any more. Hopefully she’s in heaven, somewhere better.” Police said the family has requested privacy to grieve. In a shared statement, the family said: “Demi was a beloved daughter, granddaughter, sister, cousin and niece. Demi loved her friends, and she was loved by all.” Inquiries are ongoing and police have asked anyone with information including CCTV or dashcam footage to get in contact quoting log reference 2600046163. The Welsh ambulance service also attended the incident. Continue reading...
On February 13, 2026, ACK Asset Management LLC disclosed it fully exited its position in Centuri Holdings (NYSE:CTRI) , selling 1,375,000 shares in a transaction estimated at $29.11 million. According to an SEC filing dated February 13, 2026, ACK Asset Management LLC sold its entire stake of 1,375,000 Centuri Holdings shares during the fourth quarter. As a result, the quarter-end value for the pos...
On February 13, 2026, ACK Asset Management LLC disclosed it fully exited its position in Centuri Holdings (NYSE:CTRI) , selling 1,375,000 shares in a transaction estimated at $29.11 million. According to an SEC filing dated February 13, 2026, ACK Asset Management LLC sold its entire stake of 1,375,000 Centuri Holdings shares during the fourth quarter. As a result, the quarter-end value for the position declined by $29.11 million, and the fund now reports no Centuri shares among its holdings. Company overview Continue reading
Meta Platforms has started construction on a new $10b, 1-gigawatt data center campus in Lebanon, Indiana. The facility is designed to support Meta’s push into AI first products and next generation AI technologies. This project forms part of Meta’s wider plan to commit about $135b to AI related capex by 2026. The campus is expected to play a role in local job creation and public infrastructure inve...
Meta Platforms has started construction on a new $10b, 1-gigawatt data center campus in Lebanon, Indiana. The facility is designed to support Meta’s push into AI first products and next generation AI technologies. This project forms part of Meta’s wider plan to commit about $135b to AI related capex by 2026. The campus is expected to play a role in local job creation and public infrastructure investment in Indiana. At a share price of $639.77 for NasdaqGS:META, this move into a large scale...
In recent days, Vistra announced 20-year power purchase agreements with Meta for more than 2,600 MW of zero-carbon nuclear energy, and Goldman Sachs and Jefferies both upgraded their investment ratings on the company after these contracts were disclosed. These long-term, nuclear-backed deals with a large technology customer highlight Vistra’s emerging role as a key power supplier to data centers a...
In recent days, Vistra announced 20-year power purchase agreements with Meta for more than 2,600 MW of zero-carbon nuclear energy, and Goldman Sachs and Jefferies both upgraded their investment ratings on the company after these contracts were disclosed. These long-term, nuclear-backed deals with a large technology customer highlight Vistra’s emerging role as a key power supplier to data centers and AI infrastructure, reinforcing confidence in its long-duration earnings visibility. We’ll...
On February 13, 2026, ACK Asset Management LLC disclosed a new position in Rogers (NYSE:ROG) , acquiring 436,707 shares in an estimated $39.99 million trade. According to an SEC filing dated February 13, 2026, ACK Asset Management LLC initiated a new position in Rogers (NYSE:ROG) , acquiring 436,707 shares. The estimated transaction value was $39.99 million. Rogers is a global provider of high-per...
On February 13, 2026, ACK Asset Management LLC disclosed a new position in Rogers (NYSE:ROG) , acquiring 436,707 shares in an estimated $39.99 million trade. According to an SEC filing dated February 13, 2026, ACK Asset Management LLC initiated a new position in Rogers (NYSE:ROG) , acquiring 436,707 shares. The estimated transaction value was $39.99 million. Rogers is a global provider of high-performance engineered materials, serving diverse markets with a focus on advanced electronics and elastomeric solutions. Continue reading
Dogecoin (CRYPTO: DOGE) might be extremely volatile. But its performance can't be denied. In the past 10 years, the digital asset has skyrocketed more than 34,000% (as of Feb. 10). But the downfall is notable. As of this writing, this meme token is trading a stomach-churning 87% below its peak from May 2021. Should you buy the dip or avoid Dogecoin altogether? Image source: Getty Images. Continue ...
Dogecoin (CRYPTO: DOGE) might be extremely volatile. But its performance can't be denied. In the past 10 years, the digital asset has skyrocketed more than 34,000% (as of Feb. 10). But the downfall is notable. As of this writing, this meme token is trading a stomach-churning 87% below its peak from May 2021. Should you buy the dip or avoid Dogecoin altogether? Image source: Getty Images. Continue reading
Regulators call in seven major platforms and roll out new compliance rules targeting exclusivity deals and below-cost pricing. Photo: IC China’s top market regulator summoned seven major internet platforms, including Alibaba Group Holding Ltd. and Tencent Holdings Ltd., warning them against cutthroat competition and aggressive promotional tactics. The State Administration for Market Regulation (SA...
Regulators call in seven major platforms and roll out new compliance rules targeting exclusivity deals and below-cost pricing. Photo: IC China’s top market regulator summoned seven major internet platforms, including Alibaba Group Holding Ltd. and Tencent Holdings Ltd., warning them against cutthroat competition and aggressive promotional tactics. The State Administration for Market Regulation (SAMR) called in representatives from the tech giants — also including Douyin, Baidu Inc., JD.com Inc., Meituan and Taobao Shangou — on Feb. 13. The watchdog urged the companies to strictly comply with laws governing unfair competition, pricing and consumer protection, and to take responsibility for overseeing their promotional campaigns.
For investors, the automotive industry probably seems like a game of whack-a-mole with icons such as Ford Motor Company (NYSE: F) and General Motors (NYSE: GM) constantly reacting to the new issue to pop up. One of the more challenging problems to pop up at Ford was its operations and business in Europe. Europe, an important global automotive market, has an obstacle course of challenges laid out f...
For investors, the automotive industry probably seems like a game of whack-a-mole with icons such as Ford Motor Company (NYSE: F) and General Motors (NYSE: GM) constantly reacting to the new issue to pop up. One of the more challenging problems to pop up at Ford was its operations and business in Europe. Europe, an important global automotive market, has an obstacle course of challenges laid out for Ford, but the latter may have a trick up its sleeve to help turn business around – and investors are missing the best part. It's been nearly a perfect storm of negative developments for Ford in Europe. The company's business had been under pressure for years, passenger vehicle demand has been weak, electric vehicle (EV) adoption has accelerated more slowly than anticipated, and new competition from highly affordable and advanced Chinese EV makers threatens market share and profitability. Ford's profitability in Europe has been an up-and-down roller coaster, with previous significant restructuring returning its operations to profitability in late 2020, only to be followed by more bumpy quarters. To make matters worse, Ford canceled popular models such as the Fiesta, Focus, and Mondeo, all while battling high labor, energy, and warranty costs. Thankfully for investors, Ford has a plan to rebuild its business in Europe, and there's also another reason for optimism. Continue reading
On February 13, 2026, ACK Asset Management LLC disclosed a new position in Novanta (NASDAQ:NOVT) , acquiring 375,000 shares worth an estimated $44.62 million. According to an SEC filing dated February 13, 2026, ACK Asset Management LLC bought 375,000 shares of Novanta, marking a new position. The quarter-end value of the position totaled $44.62 million. Novanta is a technology company specializing...
On February 13, 2026, ACK Asset Management LLC disclosed a new position in Novanta (NASDAQ:NOVT) , acquiring 375,000 shares worth an estimated $44.62 million. According to an SEC filing dated February 13, 2026, ACK Asset Management LLC bought 375,000 shares of Novanta, marking a new position. The quarter-end value of the position totaled $44.62 million. Novanta is a technology company specializing in advanced photonics, vision, and motion control solutions for medical and industrial OEMs. With nearly $1 billion in trailing twelve-month revenue, the company leverages a broad portfolio of proprietary technologies and brands to address mission-critical applications in high-growth end markets. Novanta's strategic focus on innovation and precision engineering underpins its competitive position in supplying enabling components to leading equipment manufacturers globally. Continue reading
More than $200,000 in cryptocurrency once supported this couple. Today, they are left with about $4,000 in assets and mounting debt. "We're improvising everything," David told personal finance expert Ramit Sethi on the "I Will Teach You To Be Rich" podcast. David said the couple treated their crypto gains like income, a mindset that gradually unraveled their finances. Both in their early 30s, they...
More than $200,000 in cryptocurrency once supported this couple. Today, they are left with about $4,000 in assets and mounting debt. "We're improvising everything," David told personal finance expert Ramit Sethi on the "I Will Teach You To Be Rich" podcast. David said the couple treated their crypto gains like income, a mindset that gradually unraveled their finances. Both in their early 30s, they now live with David's mother while raising their 5-year-old daughter after unstable work choices an
Yagi Studio/DigitalVision via Getty Images It seems appropriate that in the days before Valentine’s Day Kraft Heinz ( KHC ) decided to stay together…at least for now. The announcement fueled a flurry of punny headlines, “Breaking Up is Hard to Do,” “A Splitting Headache,” and “Renewing Their Vows,” and eclipsed mixed fourth quarter results, sending reverberations through the food industry and driv...
Yagi Studio/DigitalVision via Getty Images It seems appropriate that in the days before Valentine’s Day Kraft Heinz ( KHC ) decided to stay together…at least for now. The announcement fueled a flurry of punny headlines, “Breaking Up is Hard to Do,” “A Splitting Headache,” and “Renewing Their Vows,” and eclipsed mixed fourth quarter results, sending reverberations through the food industry and driving shares of peers General Mills ( GIS ), The Campbell’s Company ( CPB ), and J.M. Smucker ( SJM ) initially lower in sympathy before recovering losses to end the day higher. The rebound in KHC’s share price mirrored investor optimism, with the $600 million reinvestment and project postponement widely seen as a prudent move. At issue is whether Kraft’s new CEO Steve Cahillane can resurrect the stagnant North American business (Lunchables, Spoonables, frozen meals, and snacks) into a viable entity that can exist on its own or find a buyer. On this issue, investors and analysts are split. The 2015 merger of Kraft Foods and H.J. Heinz ( KHC ) was orchestrated by Warren Buffet’s Berkshire Hathaway ( BRK.A ) ( BRK.B ) and 3G Capital, forming the world’s fifth-largest food and beverage company. The deal gave Heinz shareholders 51% and Kraft shareholders the remaining 49% of the newly formed Kraft Heinz ( KHC ). Management’s first move was to trim bloated costs in what they called a “cut-to-grow” strategy. Initially a success, cut-to-grow and equally aggressive zero-based budgeting soon became an anchor on the company’s growth prospects as it left little room for investments in healthier food options and more affordable prepared foods. In less than five years after the merger, the company was forced to write down the value of its Kraft and Oscar Mayer brands by $15.4B, driven by a consumer shift away from heavily processed foods and the proliferation of cheaper private-label alternatives. The write-down set in motion a 13-month erosion in the share price that cut the value of Kra...
Alphabet (NASDAQ:GOOG) dropped 5.29% this week, closing at $306.02 on Friday. That’s a sharper decline than the broader market: the S&P 500 fell 1.29%, while the Nasdaq-100 dropped 1.27%. Year to date, Alphabet is down 2.48%, underperforming both indexes. ‘Misery’ loves company for the Magnificent 7, with every single Mag 7 stock now in negative ... Alphabet’s Week in Review: 5.3% Drop as New Data...
Alphabet (NASDAQ:GOOG) dropped 5.29% this week, closing at $306.02 on Friday. That’s a sharper decline than the broader market: the S&P 500 fell 1.29%, while the Nasdaq-100 dropped 1.27%. Year to date, Alphabet is down 2.48%, underperforming both indexes. ‘Misery’ loves company for the Magnificent 7, with every single Mag 7 stock now in negative ... Alphabet’s Week in Review: 5.3% Drop as New Data Center Deals Announced