Shares of the tech giant fell after it posted its latest earnings numbers in January.It's been a tough start to 2026 for Microsoft (MSFT +3.24%), which is down more than 10% thus far and in danger of falling below $3 trillion in market cap. It would be a symbolic exclamation mark of the decline this normally stable stock has been on of late. It's currently down around 25% from its 52-week high of $555.45.What's gotten investors so down on the stock of late? And is this a great opportunity to invest in one o ...

While it has a better balance sheet, problems persist.Coming out of bankruptcy, Wolfspeed (WOLF 5.40%) was expected to offer investors a way to play the silicon carbide market without the shackles of its overly burdensome debt. However, the company's fiscal second-quarter earnings report showed that many of the problems that plagued the company and led to its bankruptcy still exist.NYSE : WOLFWolfspeedToday's Change( -5.40 %) $ -0.85Current Price$ 14.89Key Data PointsMarket Cap$408MDay's Range$ 14.85 - $ 16 ...

Core Viewpoint - The oil and gas services industry is experiencing consolidation, highlighted by the acquisition of Valaris by Transocean, which significantly increased Valaris' stock price by over 34% [1][3]. Group 1: Acquisition Details - Valaris shareholders will receive 15.235 shares of Transocean stock for each Valaris share, valuing Valaris at approximately $5.8 billion, representing a premium of over 35% compared to its closing price prior to the announcement [3]. - The transaction is expected to close in the second half of 2026, pending shareholder and regulatory approval [9]. Group 2: Fleet and Operational Strength - The combined entity will have the world's highest-quality offshore drilling fleet, consisting of 73 rigs, including 33 ultra-deepwater drillships and 31 modern jackups [6]. - Valaris CEO Anton Dibowitz emphasized the strategic advantage of combining high-specification deepwater assets with jackup expertise, enabling operations across various offshore environments [7]. Group 3: Financial Implications - The merger is projected to create a combined backlog of about $10 billion and generate estimated cost savings of $200 million, enhancing Transocean's cash flow and supporting debt reduction efforts [8].

Company Overview - D-Wave Quantum specializes in quantum computing hardware and cloud services, targeting enterprise clients across various industries [6] - The company generates revenue through hardware sales, cloud subscriptions, and enterprise quantum consulting and deployment services [8] - As of February 5, 2026, D-Wave Quantum's market capitalization is $6.31 billion, with a revenue of $24.14 million and a net income of -$398.81 million [4] Recent Transactions - Flynn Zito Capital Management disclosed a sale of 100,000 shares of D-Wave Quantum, valued at approximately $2.91 million, during the fourth quarter of 2025 [2] - The fund's position value in D-Wave Quantum decreased by $2.41 million over the quarter, reflecting both trading and price movements [2] - After the sale, D-Wave Quantum represented 0.37% of Flynn Zito's 13F AUM [7] Stock Performance - D-Wave Quantum's stock price was $17.21 on February 5, 2026, reflecting a 174.9% increase over the past year [7] - The stock has shown a one-year alpha of 162.76 percentage points compared to the S&P 500 [7] - Flynn Zito's initial purchase of 140,000 shares in Q1 2025 has resulted in a return of between 250% and 615% on the shares sold [7][9] Market Position - D-Wave Quantum is recognized as a leader in applied quantum computing solutions, focusing on enterprise adoption [6] - The company has established relationships with various sectors, including manufacturing, logistics, financial services, and life sciences, to apply its technology [8] - Despite its growth, D-Wave continues to incur significant losses, with a price-to-sales (P/S) ratio above 200, indicating challenges in valuation [11]

Group 1 - Cipher Mining's stock rose by 13.75% following a bullish analyst note from Morgan Stanley, indicating strong market interest despite general cryptocurrency performance [2][3] - Morgan Stanley initiated coverage on three Bitcoin miners, recommending "overweight" ratings for Cipher Mining and TeraWulf, while giving an "underweight" rating to Mara [3] - Analysts are optimistic about Bitcoin miners transitioning into the data center segment, which is expected to provide reliable cash flows compared to the volatility of cryptocurrencies [5] Group 2 - The demand for AI-capable infrastructure is anticipated to exceed supply, presenting a significant opportunity for companies like Cipher Mining and TeraWulf, despite their smaller data center operations [6] - Cipher Mining's current market capitalization is $5.8 billion, with a trading range of $15.01 to $17.00 for the day [7][8] - The potential for data center operations is viewed as more promising than cryptocurrency mining, although these companies are still in the early stages of establishing themselves in this segment [8]

Core Insights - Nike is undergoing a significant turnaround strategy under CEO Elliott Hill, focusing on rebuilding retail partnerships, emphasizing sports, and driving innovation [1] - Converse, acquired by Nike in 2003, has been struggling with declining sales, with a 30% drop in revenue to $300 million in the most recent quarter, marking a continued trend of negative growth [2][4] - Layoffs are anticipated at Converse due to prolonged revenue declines, with the CEO indicating difficult decisions ahead, including potential departures of senior executives [4][5] Financial Performance - Converse's revenue decline is part of a broader issue, with sales at a 15-year low, prompting discussions of layoffs as a cost-cutting measure [4] - Converse currently accounts for only 2.5% of Nike's total revenue, suggesting it is a minor component of Nike's overall business [8] - Nike's stock experienced a 2.4% decline, although it is uncertain if this is directly related to the issues at Converse [8] Strategic Considerations - There is speculation about the potential sale of Converse, as Nike has previously divested other brands, raising questions about Converse's future within Nike's portfolio [8][9] - Management has not confirmed any plans to sell Converse but has indicated a need for significant changes to return the brand to growth [9] - Nike anticipates ongoing challenges for Converse throughout the fiscal year, suggesting that investors should remain patient regarding the brand's turnaround efforts [10]

Nvidia should continue to benefit from a surge in artificial intelligence (AI) spending.It's no surprise that corporate spending directed toward artificial intelligence (AI) is ramping up. Companies across nearly all sectors are trying to position themselves as leaders in AI, or at least not get left behind, and that's causing many to spend piles of cash to stay competitive.One company that's already seen a huge surge in demand for AI hardware as a result of this spending is Nvidia (NVDA +2.58%), and more c ...

Investors were clearly looking forward to the company's earnings release after market close on Tuesday.Semiconductor stock Astera Labs (ALAB +10.49%) notched a nearly 10% price gain on Monday, the day before it's slated to publish its latest earnings release. Optimism about the numbers the company will post, plus news of expansion abroad, helped drive that near-double-digit lift.Researching how to growThat morning, California-based Astera announced that it had opened an advanced research and development (R& ...

Maplebear Inc. connects North American households with personal shoppers through its technology-driven grocery delivery platform.On February 4, 2026, Provident Investment Management, Inc. sold out its entire stake in Maplebear (CART +1.46%).What happenedAccording to a recent SEC filing dated February 4, 2026, Provident Investment Management, Inc. liquidated its holdings in Maplebear, selling 489,560 shares. The estimated transaction value is approximately $18.00 million, based on the average share price dur ...

Core Insights - Pagaya Technologies reported quarterly results that fell short of market expectations, resulting in a nearly 24% decline in share price [1] Financial Performance - The company generated $335 million in total revenue and other income for the fourth quarter, marking a 20% year-over-year increase [2] - Network volume increased by only 3% to $2.7 billion, which was below expectations [2] - Non-GAAP net income rose almost sixfold to nearly $78.8 million, or $0.80 per share, surpassing the consensus estimate of $0.35 per share [4] Strategic Changes - The slower growth in network volume and the disparity between revenue and net income growth rates were attributed to Pagaya's strategic exit from its single-family rental (SFR) operations [5] Future Guidance - For the first quarter, Pagaya anticipates network volume to be flat or slightly down, ranging from $2.5 billion to $2.7 billion, with revenue projected between $315 million and $335 million [7] - The company's guidance for the full year includes a network volume range of $11.25 billion to $13 billion and revenue expectations of $1.4 billion to nearly $1.58 billion [8]