And there's more than one way to monetize this technology.There's no denying modern-day artificial intelligence (AI) is doing some pretty cool stuff. But, to say it's been world-changing would be a bit of a stretch. We were all doing well enough without it just a few years ago.There is one particular area where AI appears poised to make a major impact for the better, though. That's drug development. And with some technological help from Nvidia (NVDA 2.21%), Eli Lilly (LLY +0.33%) is leading the charge. Eli ...

Core Viewpoint - CoreWeave is an attractively valued AI stock with significant growth potential, currently trading at 10 times sales, which is impressive given its strong revenue growth and long-term momentum [2][6] Company Performance - CoreWeave's revenue backlog surged almost fourfold to $55.6 billion in Q3 2025, significantly outpacing the 133% increase in quarterly revenue [7] - The company is expected to achieve a revenue spike of 136% to $12 billion in 2026, driven by a healthy backlog and increased AI spending [10] Market Dynamics - AI infrastructure spending is projected to reach $700 billion by 2026, with a 78% increase from the previous year, benefiting companies like CoreWeave [4][6] - Major customers include Meta Platforms, Microsoft, and OpenAI, which have awarded substantial contracts for cloud computing capacity [7][8] Investment and Capacity Expansion - CoreWeave received a $2 billion investment from Nvidia, enabling faster capacity expansion [9] - The company currently operates 590 megawatts of active data center capacity and aims to exceed 1 gigawatt over the next 12 to 24 months [9] Future Valuation - If CoreWeave meets the $12 billion revenue estimate and maintains a valuation of 10 times sales, its market cap could rise to $120 billion, significantly higher than its current $50 billion market cap [11]

Core Viewpoint - AbbVie's recent stock price decline is seen as an overreaction despite solid fourth-quarter results, with a strong long-term outlook remaining intact [1] Group 1: Financial Performance - AbbVie's fourth-quarter revenue increased by 10% year over year to $16.6 billion, driven primarily by immunology medicines Skyrizi and Rinvoq, which showed significant sales growth [2] - Humira, despite being AbbVie's third-best-selling medicine, is experiencing declining sales due to biosimilar competition after losing patent exclusivity in 2023 [4][5] Group 2: Future Growth Prospects - AbbVie projects a sales growth of 9.5% by 2026, with combined sales for Skyrizi and Rinvoq expected to exceed $31 billion, indicating better-than-expected performance [6][7] - The company has a robust pipeline with potential new approvals, including a Parkinson's disease treatment, and has made strategic investments in promising assets [8] Group 3: Dividend and Investment Appeal - AbbVie has a strong dividend track record, having increased its payout for 54 consecutive years, qualifying it as a Dividend King, which enhances its appeal for long-term income investors [9]

Core Insights - Harvard Management Co. Inc. has established a new position in the iShares Ethereum Trust ETF, acquiring 3,870,900 shares valued at approximately $86.82 million [1] - The iShares Ethereum Trust ETF has a market capitalization of $6.17 billion and provides a regulated vehicle for exposure to Ether [4] Investment Overview - The iShares Ethereum Trust ETF has experienced a one-year price change of -23.90%, with shares priced at $15.44 as of February 14, 2026 [3][8] - Harvard's investment in ETHA represents 4.18% of the fund's reportable U.S. equity assets as of December 31, 2025 [8] Comparative Performance - The iShares Bitcoin ETF Trust has outperformed the Ethereum ETF, with a price increase of approximately 40% since its inception in January 2024, while the Ether fund has decreased by 41.32% [7] - Harvard Management's portfolio includes 19 assets across various sectors, including a position in the iShares Bitcoin ETF Trust [6][8] Fund Management - Harvard's endowment funds are used for institutional needs such as faculty pay, scholarships, and research, and are managed exclusively by Harvard Management [5] - As of February 14, 2026, Harvard Management reported $2.08 billion in 13F reportable assets [8]

Core Viewpoint - TeraWulf is gaining momentum as a crypto miner turned AI infrastructure stock, attracting investor interest due to its shift in business model and divestment from Bitcoin holdings, leading to a focus on future revenue and earnings growth potential [2]. Group 1: Company Performance - TeraWulf's stock has reached a fresh 52-week high, with a current price of $16.23 and a market cap of $6.8 billion, reflecting a significant increase from its 52-week low of $2.06 [3]. - The company has seen a positive shift in earnings expectations, with analysts projecting a loss of $0.17 in EPS for 2026, an improvement from the reported EPS of -$1.13 in the last quarter [6]. - Recent analyst upgrades have led to increased price targets from firms such as Oppenheimer and Cantor Fitzgerald, indicating a consensus that TeraWulf's fundamentals are expected to improve [7]. Group 2: Market Dynamics - The transition of TeraWulf from a crypto miner to an AI infrastructure provider aligns with broader market trends, which has contributed to the stock's recent performance and analyst optimism [8]. - The upcoming earnings report on February 26 is anticipated to provide further insights into the company's AI infrastructure developments and its potential to capture market share in a growing industry [6].

Core Viewpoint - Power Integrations, a semiconductor firm known for energy-efficient power conversion chips, reported an insider sale by former CEO Balu Balakrishnan, which totaled approximately $532,000 for 11,363 shares sold [1][10]. Transaction Summary - The transaction involved the sale of 11,363 shares at a weighted average price of $46.82, which was within 2.5% of the market close price of $45.66 on February 10, 2026 [2][4]. - Post-transaction, Balakrishnan holds 576,256 shares indirectly through a trust, representing 1.93% of his total indirect holdings [2][7]. Company Overview - Power Integrations has a market capitalization of $2.62 billion and reported a revenue of $443.50 million with a net income of $22.09 million for the trailing twelve months [5]. - The company's stock price has seen a decline of 19.60% over the past year, calculated using February 10, 2026, as the reference date [5]. Company Snapshot - Power Integrations specializes in designing and manufacturing analog and mixed-signal integrated circuits, high-voltage diodes, and motor-driver ICs for power conversion across various sectors, including consumer electronics and renewable energy [8][9]. - The company targets applications in AC-DC power conversion and high-voltage DC transmission, serving original equipment manufacturers and power supply manufacturers [8]. Market Position and Strategy - Power Integrations operates within the analog semiconductor market, focusing on innovation in energy-efficient integrated circuits and system-level solutions [9]. - The company aims to leverage its competitive edge through a broad product portfolio and established relationships with leading OEMs globally, addressing high-voltage power conversion needs [9]. Future Outlook - Despite recent mixed results, including a 2% year-over-year sales decline in the fourth quarter, the company forecasts Q1 revenue between $104 million to $109 million, which may indicate a potential sales decline compared to the previous year's $105.5 million if revenue falls at the lower end [10][11]. - Long-term growth is anticipated as the addressable market expands due to trends in AI data centers, electrification, and grid modernization, suggesting that now could be a favorable time for investment [11].

Core Viewpoint - The cybersecurity industry is considered safe from AI disruption, particularly companies like Rubrik that focus on data recovery and management rather than just prevention [1][12]. Company Overview - Rubrik's stock has decreased over 45% from its all-time high in mid-2025, yet the company is thriving, presenting a compelling investment opportunity [2]. - The current stock price is $54.55, with a market cap of $11 billion [5]. Business Model and Performance - Rubrik provides enterprises with solutions for safe data storage and recovery in the event of cyberattacks, which allows it to avoid reputational risks faced by competitors [4]. - The company’s annual recurring revenue (ARR) increased by 34% year-over-year to $1.35 billion in Q3 2025, driven by a 27% growth from customers spending over $100,000 annually [6]. - Rubrik generates positive free cash flow, which is growing rapidly on a per-share basis, with the stock trading at 44 times its free cash flow [7]. Market Position and Valuation - Despite some perceptions of high valuation, Rubrik's rapid growth and profitability justify its current stock price [9]. - The company is expected to achieve approximately 40% year-over-year revenue growth for the upcoming fourth quarter, with preliminary results indicating even better performance than guidance [12]. Industry Context - AI agents present new security risks as they access enterprise data, but Rubrik's platform allows for controlled access and offers solutions to reverse potential mistakes made by AI [11]. - The cybersecurity sector is viewed as resilient against AI disruption, with Rubrik proactively addressing emerging challenges [12].

Core Insights - Duolingo has demonstrated its ability to grow, surpassing 50 million daily active users and $1 billion in annual revenue in 2025, with improved margins and profitability [1] - The focus for 2026 is on the sustainability of growth rather than acceleration, as growth naturally moderates at the current scale [3][4] Growth Metrics - A healthy long-term revenue growth rate of 20% or more annually would indicate a strong subscription model, with gross margins over 70% allowing for meaningful earnings leverage [4] - If growth slows significantly, it may lead to valuation pressure, as high-multiple stocks often decline when growth expectations reset [5] Key Performance Indicators - In 2026, three critical indicators will be monitored: growth of paid subscribers relative to total users, user retention rates, and expansion of operating margins alongside revenue [7][12] - Positive trends in these metrics would suggest a transition from a high-growth app to a sustainable subscription platform with real earnings power [8] Product Strength - Duolingo's growth has not heavily relied on aggressive marketing, instead leveraging gamification and habit-forming design to drive organic engagement, which is a more sustainable growth strategy [9] - Consistency in user growth, disciplined pricing, and margin progression are essential for supporting long-term growth, rather than seeking explosive growth [10] Future Outlook - 2026 is a pivotal year for Duolingo to demonstrate that its previous growth was not a peak but a foundation for a more durable growth phase [10][11]

Core Insights - Klarna Group's stock has decreased by 56% since its IPO last September, indicating a significant decline in investor confidence [1] - The company is a leading player in the Buy Now, Pay Later (BNPL) sector, partnering with major brands like Walmart and offering various payment options [3] - Despite reporting a 26% year-over-year revenue increase in Q3, Klarna continues to face net losses, which widened from $4 million to $94 million [4][5] Financial Performance - Revenue for Klarna increased by 26% year-over-year in Q3, with gross merchandise volume rising by 23%, including a notable 48% increase in the U.S. market [4] - The company achieved 4 million card signups in the quarter, contributing to 15% of total global transactions in October, and saw a 32% increase in new users, totaling 114 million [4] - Fair Financing, an interest-based product, experienced a 244% year-over-year increase in U.S. gross merchandise volume, while the merchant count grew by 38% to 850,000 [5] Valuation and Market Sentiment - Klarna's current market capitalization stands at $6.8 billion, with a trading price of $18.11, reflecting a price-to-sales ratio of only 2 times trailing-12-month sales, suggesting it may be undervalued [7] - The market perceives Klarna as risky due to ongoing losses and macroeconomic conditions, but there is potential for recovery and value creation for shareholders in the long term [8]

Company Overview - DoorDash is experiencing a significant stock decline, dropping nearly 28% from approximately $230 to around $165 in six weeks [1] - The company reported Q3 revenue of $3.45 billion, a 27% year-over-year increase, and total orders surged 21% to 776 million [2] - Despite a Q3 earnings per share of $0.55 missing consensus, the miss was attributed to strategic investment spending rather than declining demand [3] Strategic Developments - DoorDash completed a nearly $4 billion acquisition of Deliveroo, expanding its operations into 45 global markets and handling approximately $90 billion in annual orders [5] - The company is aggressively expanding its grocery delivery services by partnering with major retailers like Kroger, which has around 2,700 stores [5] - DoorDash is piloting autonomous deliveries with Waymo in a 315-square-mile area of metro Phoenix and testing its own delivery robot, Dot, to reduce delivery costs [6] Market Context - The global online food delivery market is projected to reach $473 billion in revenue by 2026, driven by functional food trends and the globalization of tastes [9] - The cultural shift towards food delivery has been permanently influenced by the pandemic, making it a durable consumer behavior [8] Investment Perspective - Current stock prices present a rare opportunity for long-term investors to acquire a market leader at a significant discount [10] - The combination of new revenue streams and global expansion positions DoorDash as a potentially safe investment despite recent stock volatility [10]