AlexSecret U.S. equities closed lower on Thursday, but sector-level action pointed to a continued rotation beneath the surface, according to Seeking Alpha analyst Leo Nelissen. The tech-heavy Nasdaq Composite ( COMP:IND ) declined 0.3%, while the S&P 500 ( SP500 ) slipped 0.2%. The Dow Jones Industrial Average ( DJI ) underperformed slightly, finishing down 0.5%. The pullback came as investors weighed Walmart’s latest earnings release alongside a fresh batch of economic data. Despite the broader weakness, Nelissen argued that market internals reinforced his ongoing rotation thesis. “To me, this was another day that confirmed my rotation thesis, as market weakness did not keep energy and industrials from rising,” he said. Energy shares found support amid renewed geopolitical tensions tied to Iran, while industrial stocks attracted buyers on dips. Nelissen added that improving macro conditions are contributing to broader participation across cyclical areas of the market. “The U.S. economy is increasingly seeing growth broadening, supported by lower mortgage rates, QE-like data center spending, and very good earnings,” he noted. “I expect this to continue.” Market Tracking Funds: ( DIA ), ( DDM ), ( DOG ), ( DXD ), ( SDOW ), ( SPY ), ( VOO ), ( IVV ), ( RSP ), ( SSO ), ( UPRO ), ( SH ), ( SDS ), ( SPXU ), ( QQQ ), ( QQQM ), ( TQQQ ), ( QID ), and ( SQQQ ). More on markets Tech’s internal split: Semiconductor strength masks software breakdown Walmart is outperforming the broader market, yet it trails Staples in the top 10 ETFs with heavy Walmart exposure are in focus after the retail giant’s earnings Dividend picks: 20 large-cap defensive stocks outperforming the market in 2026 Five years later, Cathie Wood's ARKK is still down over 50% since its 2021 peak

LilliDay The dire economic predictions that followed major tariff changes have failed to materialize, according to David Zervos, chief market strategist at Jefferies. In an interview with CNBC, Zervos argued that fears of runaway inflation and collapsing growth were overblown, with current economic indicators defying the pessimistic forecasts made by many economists. Zervos pointed to inflation data as evidence that the worst-case scenarios never came to pass, noting that the CPI currently sits at 2.4%—essentially where it was at the April lows following the post-COVID inflation surge. Meanwhile, GDP continues to run at close to 3%. “I think that’s proven to be a big miss by the economics community,” Zervos said of the failed predictions. On the recent surge in the December trade deficit , which jumped 33% from November to $70B, Zervos urged caution against overreacting to short-term volatility. “I’ve never gotten very excited about one month or even three months of data,” he explained, adding that “trade has been our friend” and that net exports have been a large positive contributor to GDP. The strategist also dismissed fears that global trade would collapse in the wake of tariff policies. While many predicted deglobalization and the end of international commerce, Zervos noted that reshoring is happening slowly and global trade remains largely intact. “This idea that it was the end of global trade—remember, we were going to go into deglobalization and nobody was going to trade with each other—is just not played out the way many had thought,” he said. Perhaps most overlooked, according to Zervos, is the improvement in fiscal metrics. The budget deficit to GDP ratio has fallen from over 7% to 5.7% under the current administration—a development he said, “a lot of people have missed.” He credited the Secretary of the Treasury with making deficit reduction a priority and achieving notable success. Looking ahead, Zervos acknowledged that interest expenses and Treasury i...

(RTTNews) - LegalZoom.com, Inc. (LZ) released earnings for fourth quarter that Drops, from last year

Dropbox press release ( DBX ): Q4 Non-GAAP EPS of $0.68 beats by $0.01 . Revenue of $6363.2M (+888.7% Y/Y) beats by $5.74B . Cash, cash equivalents and short-term investments ended at $1.038 billion. During the quarter, the Company repurchased approximately 14.4 million shares for $414.6 million. Full Year Fiscal 2025 Results Compared to Full Year 2024 Total revenue was $2.521 billion, down 1.1%. Excluding FormSwift, revenue grew 0.2%. On a constant currency basis, revenue decreased by 1.2%. (1) Average revenue per paying user was $138.91, as compared to $140.23. GAAP gross margin was 80.1%, as compared to 82.5%. Non-GAAP gross margin was 81.8%, as compared to 84.0%. Effective January 1, 2024, the Company changed the estimate of the useful lives of certain infrastructure server and component assets from four to five years which resulted in a $30.5 million benefit in depreciation expense in 2024. GAAP operating margin was 27.3%, as compared to 19.1%. Non-GAAP operating margin was 40.6%, as compared to 36.4%. GAAP net income was $508.4 million, as compared to $452.3 million. Non-GAAP net income was $775.4 million, as compared to $803.8 million. Net cash provided by operating activities was $951.8 million, as compared to $894.1 million. Unlevered free cash flow was $1.016 billion, as compared to $871.6 million. GAAP diluted net income per share attributable to common stockholders was $1.86, as compared to $1.40. Non-GAAP diluted net income per share attributable to common stockholders was $2.84, as compared to $2.49. (4) In the fiscal year ended December 31, 2025, the Company repurchased approximately 60.4 million shares for $1.7 billion. More on Dropbox Dropbox: Churn Issue Takes Center Stage Dropbox: A Mispriced Cash Machine With Hidden Upside Dropbox Q4 2025 Earnings Preview Dropbox CFO Timothy Regan resigns, Ross Tennenbaum appointed successor Seeking Alpha’s Quant Rating on Dropbox

Alarm.com press release ( ALRM ): Q4 Non-GAAP EPS of $0.72 beats by $0.08 . Revenue of $261.7M (+8.0% Y/Y) beats by $10.95M . More on Alarm.com Seeking Alpha’s Quant Rating on Alarm.com Historical earnings data for Alarm.com Financial information for Alarm.com

Earnings Call Insights: TechnipFMC (FTI) Q4 2025 Management View CEO Douglas Pferdehirt reported "strong quarterly and full year results as we closed 2025 with solid operational momentum." He highlighted total company inbound for the year at $11.2 billion, backlog at $16.6 billion, and total company revenue for the year growing 9% to $9.9 billion. Adjusted EBITDA improved to $1.8 billion, up 33% versus the prior year. Free cash flow increased to $1.4 billion and shareholder distributions grew to $1 billion, both more than double the levels achieved in the prior year. Pferdehirt indicated that Subsea orders in the quarter were $2.3 billion, resulting in $10.1 billion of inbound for the full year, with iEPCI projects being the largest contributor. He stated, "TechnipFMC has been awarded 5 of the 6 20K projects sanctioned thus far." He emphasized the growing adoption of the company's differentiated offerings, noting over the last three years, the company delivered on its goal to inbound more than $30 billion of Subsea orders. The CEO observed a shift in customer behavior, with more clients "adopting a portfolio approach to offshore development" and executing multiple projects in parallel. He cited bp’s development of the Paleogene as an example, where TechnipFMC is executing the Tiber and Kaskida projects simultaneously. Pferdehirt expressed confidence in further growth, stating, "We are confident that considerable upside remains," and reaffirmed the company's commitment to "the relentless pursuit of the reduction of cycle time." Executive VP & CFO Alf Melin stated, "Revenue in the quarter was $2.5 billion. Adjusted EBITDA was $440 million when excluding $52 million of restructuring, impairment and other charges and a foreign exchange gain of $1 million." Outlook Melin provided updated guidance, stating, "We now expect [Subsea] revenue of $9.4 billion with adjusted EBITDA margin of 21.5% at the midpoint of the full year range. This implies growth in Subsea adjusted EBI...

Earnings Call Insights: Wayfair Inc. (W) Q4 2025 Management View CEO Niraj Shah highlighted that "Q4 capped off a tremendous year for Wayfair with revenue growing 7.8% year-over-year, excluding the impact of Germany," driven by both order and average order value (AOV) growth. Shah noted, "2025 was a year where we returned to growth and accelerated throughout the year through a number of organic business strategies that can compound for years to come." Shah emphasized three core growth levers for 2026 and beyond: improving core selection, pricing, and delivery; inventing and scaling new business initiatives; and leveraging technology, particularly AI-driven enhancements, to elevate the shopping experience. He stated, "We're focusing on activating the true power of our technology organization and the AI-driven enhancements we plan to bring to the shopping experience." The CEO spotlighted the expansion of physical retail stores, with new locations opening in Atlanta, Columbus, and Denver, and continued success in Chicago. Shah explained, "More than half the customers have come through the store have been entirely new to file, and we've seen continued post-store visit lift on sales in the surrounding area." Shah discussed the Wayfair Rewards loyalty program, reaching over 1 million members in its first year and now contributing over 15% of U.S. revenue. The program's members are "purchasing on Wayfair across more than 3 shopping occasions over the first year of the program and spending multiples more than nonmembers." CFO Kate Gulliver reported, "net revenue grew by 6.9% year-over-year on a reported basis and 7.8% year-over-year, excluding the impact from our exit from Germany." Gulliver stated, "Adjusted gross margin for the fourth quarter came in at 30.3% of net revenue," and "we generated $224 million of adjusted EBITDA in Q4 for a 6.7% margin." Outlook Gulliver guided for "mid-single-digit growth year-over-year for Q1," citing "another quarter of robust share captur...

Texas Roadhouse press release ( TXRH ): Q4 GAAP EPS of $1.28 misses by $0.21 . Revenue of $1.48B (+2.8% Y/Y) misses by $20M . Shares -0.53% . 2026 Outlook Comparable restaurant sales at company restaurants for the first seven weeks of the first quarter of the 2026 fiscal year increased 8.2% compared to 2025. In addition, the Company plans to implement a menu price increase of approximately 1.9% in early April. Management updated the following expectations for 2026: An effective income tax rate of 14% to 15%. Management reiterated the following expectations for 2026: Positive comparable restaurant sales growth, including the benefit of menu pricing actions; Store week growth of 5% to 6%, including the benefit from franchise acquisitions; Commodity inflation of approximately 7%; Wage and other labor inflation of 3% to 4%; and Total capital expenditures of approximately $400 million. More on Texas Roadhouse Texas Roadhouse: Quietly Compounding While The Restaurant Industry Struggles Texas Roadhouse: Attractively Valued, But Beef Prices Hurt (Rating Upgrade) Texas Roadhouse: I Highly Appreciate It, But It's Still Fully Valued Texas Roadhouse Q4 2025 Earnings Preview Beef prices in the U.S. are forecast to remain elevated

QuantumScape ( QS ) shares snapped six straight sessions of losses on Thursday, as the stock was 0.2% higher at $7.17. The solid-state battery maker lost 20% in the preceding six sessions. QS shares fell 30% over the past one month. In the last week, QuantumScape reported quarterly results , which showed a modest beat on profit expectations but again showed no revenue generated from its core business, weighing on its results. Looking at Seeking Alpha's Quant Rating, QS has a Hold rating with a score of 2.7 out of 5. The company received F in the prospect of profitability, while it received B+ in the growth factor. Seeking Alpha analysts are positive and see the stock as a Buy. Turning to the Wall Street , no analysts have given the stock a Buy or above rating. Seven analysts gave the stock hold recommendation, while two gave Sell or lower rating. “Despite recent technical weakness and a 40% QS stock drop, current valuation and milestones present a compelling risk-reward opportunity for patient investors,” pointed out a Seeking Alpha analysis. More on QuantumScape QuantumScape: Don't Let The Buying Chance Escape Again QuantumScape Corporation (QS) Q4 2025 Earnings Call Transcript QuantumScape: No Longer An Option, Now A Blueprint QuantumScape outlines $250M–$275M adjusted EBITDA loss target for 2026 while expanding licensing model and Eagle Line production QuantumScape's loss narrows, sets higher capex target for FY26

Sprouts Farmers Market press release ( SFM ): Q4 GAAP EPS of $0.92 beats by $0.03 . Revenue of $2.1B (+5.0% Y/Y) misses by $50M . Net sales totaled $8.8 billion; a 14% increase from 2024 Comparable store sales growth of 7.3% Diluted earnings per share of $5.31; compared to diluted earnings per share of $3.75 in 2024 Opened 37 new stores, resulting in 477 stores in 24 states as of December 28, 2025 Leverage and Liquidity in 2025: Ended the year with $257 million in cash and cash equivalents and zero balance on its $600 million revolving credit facility. Authorized a new $1 billion share buyback program and repurchased 4.0 million shares of common stock for a total investment of $472 million, excluding excise tax Generated cash from operations of $716 million and invested $224 million in capital expenditures, net of landlord reimbursement The following provides information on our first quarter 2026 outlook. Comparable store sales growth: -3% to -1% Diluted earnings per share: $1.66 to $1.70 The Company notes the fiscal year 2026 will be a 53-week year, with the extra week falling in the fourth quarter. We estimate the impact from the 53rd week to be approximately $200 million in sales, $28 million in income before interest and taxes, and $0.21 in diluted earnings per share. The following provides information on our full-year 2026 outlook (on a 52 week basis): Net sales growth: 4.5% to 6.5% Comparable store sales growth: -1% to 1% EBIT: $675 million to $695 million Diluted earnings per share: $5.28 to $5.44 Unit growth: 40+ new stores Capital expenditures (net of landlord reimbursements): $280 million to $310 million More on Sprouts Farmers Market Sprouts Farmers Market: A Long-Awaited Chance At Redemption Sprouts Farmers Market: The Time Of Excess Returns May Be Over Sprouts Farmers Market: From Overripe Hype To Balanced Bite - Hold Sprouts Farmers Market Q4 2025 Earnings Preview Aldi plots next phase of aggressive U.S. expansion

Germany is looking to dispel concerns that its planned €3 billion ($3.5 billion) order for attack drones from a Peter Thiel -backed defense start-up could pose a security threat due to the role of the controversial US investor. The defense ministry told lawmakers in a confidential briefing on Thursday that Thiel is only one of many minority shareholders at Stark Defense through his investment company Thiel Capital , according to people familiar with the discussion. Berlin-based Stark is majority-owned by its founding team and employees, with the remaining shares distributed among about 50 different shareholders. Lawmakers were told that Thiel’s stake remains below 10%, that he’s not a member of the supervisory board, and that there are no control or other special rights that give him insight into or influence over the operational management of the company. No shareholder, including Thiel, has access to Stark’s technology or influence over its research and development decisions, the lawmakers were told. For the intended conclusion of the contract, confidentiality clauses ensure that only the personnel involved in the implementation within the company will have access to confidential information, it was said. If Thiel’s potential stake were to exceed the 10% threshold, though, it would trigger an investment review by the economy and energy ministry in Berlin and give the German government the option of blocking the higher stake at any time, the defense ministry told lawmakers. A Stark spokeswoman said the information provided by the defense ministry about Thiel’s role and influence at Stark Defense were accurate. She added she was not aware of any plans that Thiel might increase his stake. The German defense ministry declined to comment. A Thiel spokesperson didn’t immediately reply to a written request for comment outside European business hours. German lawmakers are set to approve two military procurement orders for loitering munition systems (LMS), also known as at...

Company to Host Quarterly Conference Call at 5:00 P.M. ET on February 19, 2026 The information in this press release should be read in conjunction with an earnings presentation that is available on the Company's website at investors.amcoastal.com/events-and-presentations .

Q4 2025 revenue of $48.4 million, third consecutive quarter of sequential growth Q4 2025 Adjusted EBITDA* of $6.0 million and 12.4% margin and GAAP Net Income of $0.5 million Eliminated all outstanding Preferred Stock at 38% Discount

RUTLAND, Vt., Feb. 19, 2026 (GLOBE NEWSWIRE) -- Casella Waste Systems, Inc. (NASDAQ: CWST), a regional solid waste, recycling and resource management services company, today reported its financial results for the three and twelve-month periods ended December 31, 2025.

SAN CLEMENTE, Calif., Feb. 19, 2026 (GLOBE NEWSWIRE) -- ICU Medical, Inc. (Nasdaq:ICUI), a leader in the development, manufacture and sale of innovative medical products, today announced financial results for the quarterly period ended December 31, 2025.

iRhythm Holdings Announces Fourth Quarter and Full Year 2025 Financial Results

– Closed $165.9 million of investments at a weighted average initial cash yield of 9.0% in 2025 – – Signed comparable retail leases for a record 24% increase in cash base rent in 2025 – – Current signed-not-open pipeline of $6.1 million and record high leased occupancy of 95.9% – – Provides 2026 Outlook –

October 2025 acquisition cohort tracking as best-performing October in Company history; acquisitions increased 46% quarter-over-quarter while inventory days in possession reduced 23% October 2025 acquisition cohort tracking as best-performing October in Company history; acquisitions increased 46% quarter-over-quarter while inventory days in possession reduced 23%

Full-year 2025 revenue from continuing operations grew 14% YoY for the second consecutive year

Q4 in line with expectations with bottom-line growth; Board approves cash dividend Q4 in line with expectations with bottom-line growth; Board approves cash dividend

ANDOVER, Mass., Feb. 19, 2026 (GLOBE NEWSWIRE) -- Vicor Corporation (NASDAQ: VICR) today reported financial results for the fourth quarter and year ended December 31, 2025. These results will be discussed later today at 5:00 p.m. Eastern Time, during management’s quarterly investor conference call. The details for the call are below.

Increases 2026 capital return objectives to up to $800 million and renews normal course issuer bid

ATHENS, Greece, Feb. 19, 2026 (GLOBE NEWSWIRE) -- EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today its results for the three and twelve-month periods ended December 31, 2025.

Exceeded Q4 2025 Outlook for Revenue and Adjusted EBITDA, with Strong Adjusted Free Cash Flow