Hope you join me. Closing bell 3:00 Eastern. Rick Reer of Black Rockck will [music] be with me just ahead of this Fed meeting.He was said to be part of that final five. So we'll also talk to him about what's in store for the Fed going ahead. Stephanie Link, Michael Baptist, Dan Ies, Jeff Degraph.So [music] we'll round it out that way in just a couple hours time. Amy, final trade for you today is what. >> I'm going to use the Sendis which I just talked about biotech.>> Okay. Thank you, Shannonet Sakosha. >> ...

Group 1: Market Sentiment and Trends - Consumer discretionary sector is showing increased optimism due to growth expectations for the upcoming year [2] - Semiconductor equipment names, particularly Monolithic Power Systems (MPWR), have seen significant performance, with MPWR up over 60% in the last year [2] - The semiconductor index reached a record high, indicating strong outperformance of semiconductors compared to software [3] Group 2: Technical Movements - MPWR experienced a 3.5% increase today, attributed to technical factors and a general bounce in the semiconductor equipment sector [3] - GBIQ is selling calls against the NASDAQ, indicating a strategy to capitalize on market movements, with a 10.5% increase noted but only 30-50% coverage for further upside [2]

And welcome back to Worldwide Exchange. Time for this morning's insider action. We're tracking notable insider stock moves by company directors and executives that are outside their pre-planned stock sales.As always, the data comes from Varity Data, but is then confirmed by CNBC's data team against SEC filings. Okay, we're going to start with Chevron director John Hes selling more than 500,000 shares from a trust for nearly $83 million. He joined the board in July after Chevron bought for 53 billion.Applovi ...

Core Viewpoint - Monolithic Power Systems Inc. (NASDAQ:MPWR) has experienced a short-term decline in stock price but shows significant long-term growth, prompting a review of its price-to-earnings (P/E) ratio for potential investment opportunities [1]. Group 1: Stock Performance - The current trading price of Monolithic Power Systems is $883.00, reflecting a 1.12% decrease [1]. - Over the past month, the stock has decreased by 17.51%, while it has increased by 59.96% over the past year [1]. Group 2: P/E Ratio Analysis - The P/E ratio is a critical metric for long-term shareholders to evaluate the company's market performance relative to historical earnings and industry standards [3]. - Monolithic Power Systems has a lower P/E ratio compared to the aggregate P/E of 87.9 for the Semiconductors & Semiconductor Equipment industry, suggesting potential undervaluation [4]. - A lower P/E ratio may indicate that shareholders do not expect better future performance or that the stock is undervalued [4]. Group 3: Investment Considerations - While the P/E ratio is a useful tool for assessing market performance, it should be interpreted cautiously as it may also reflect weak growth prospects or financial instability [7][8]. - Investors should consider the P/E ratio alongside other financial metrics, industry trends, and qualitative factors for a comprehensive analysis of the company's financial health [8].

Core Insights - Carillon Tower Advisers released its third-quarter 2025 investor letter for the Carillon Eagle Mid Cap Growth Fund, highlighting a continued rally in equity markets driven by enthusiasm for AI, limited inflationary effects from tariffs, and expectations for interest rate cuts from the U.S. Federal Reserve [1] - The Russell Midcap Growth Index increased by 2.78%, underperforming the Russell Midcap® Value Index, which rose by 6.16% during the same quarter [1] Company Highlights - Monolithic Power Systems, Inc. (NASDAQ:MPWR) is noted for its solid earnings results, driven by diversified end markets and an improved outlook for market share in AI data center applications [3] - The company reported record revenue of $737.2 million in Q3 2025, which is 10.9% higher than Q2 2025 and 18.9% higher than Q3 2024 [3] - Despite a one-month return of -17.80%, Monolithic Power Systems, Inc. has gained 56.09% over the last 52 weeks, with a market capitalization of $42.78 billion as of November 24, 2025 [2][3] Sector Analysis - The investor letter provided detailed views on various sectors, including Cyclicals, Healthcare, Information Technology, Financials, and Consumer sectors, indicating a comprehensive analysis of market trends [1]

Core Insights - The article provides a comprehensive market analysis of Monolithic Power Systems Inc., highlighting its performance and potential investment opportunities in the semiconductor industry [1] Group 1: Company Performance - Monolithic Power Systems Inc. has shown significant growth in revenue, with a year-over-year increase of 25% [1] - The company's net income for the last quarter reached $100 million, reflecting a 30% increase compared to the previous year [1] - The gross margin for Monolithic Power Systems Inc. stands at 60%, indicating strong profitability in its operations [1] Group 2: Market Trends - The semiconductor industry is experiencing a robust demand, driven by advancements in technology and increased adoption of electric vehicles [1] - Analysts predict that the market for power management solutions will grow at a compound annual growth rate (CAGR) of 15% over the next five years [1] - Monolithic Power Systems Inc. is well-positioned to capitalize on these trends due to its innovative product offerings and strong market presence [1]

Core Insights - Artificial intelligence (AI) is identified as the greatest investment opportunity of the current era, with a strong emphasis on the urgent need for energy to support its growth [1][2][3] - A specific company is highlighted as a key player in the AI energy sector, owning critical energy infrastructure assets that are essential for meeting the increasing energy demands of AI technologies [3][7] Investment Landscape - Wall Street is investing hundreds of billions into AI, but there is a pressing concern regarding the energy supply needed to sustain this growth [2] - AI data centers consume energy equivalent to that of small cities, leading to a strain on global power grids and rising electricity prices [2][3] - The company in focus is positioned to benefit from the surge in demand for electricity driven by AI advancements, making it a unique investment opportunity [3][6] Company Profile - The company is described as a "toll booth" operator in the AI energy boom, collecting fees from energy exports and benefiting from the onshoring trend due to tariffs [5][6] - It possesses significant nuclear energy infrastructure assets, which are crucial for America's future power strategy [7] - The company is noted for its capability to execute large-scale engineering, procurement, and construction projects across various energy sectors, including oil, gas, and renewables [7] Financial Position - The company is completely debt-free and has a substantial cash reserve, amounting to nearly one-third of its market capitalization [8] - It also holds a significant equity stake in another AI-related company, providing investors with indirect exposure to multiple growth opportunities without high premiums [9][10] Market Sentiment - There is a growing interest from hedge funds in this company, which is considered undervalued and off-the-radar compared to other AI and energy stocks [9][10] - The company is trading at less than 7 times earnings, indicating a potential for significant upside as it is linked to both AI and energy sectors [10][11] Future Outlook - The ongoing AI infrastructure supercycle, combined with the onshoring boom and increased U.S. LNG exports, positions the company favorably for future growth [14] - The influx of talent into the AI sector is expected to drive continuous innovation and advancements, further solidifying the importance of energy infrastructure [12][13]

Core Insights - The article discusses the challenges of managing excess inventory in the semiconductor industry, highlighting the financial burden of storage and capital costs associated with unsold materials [1] - It emphasizes the services provided by "Chip Superman," which has successfully served 21,000 users and offers rapid inventory clearance solutions [8] Inventory Management - A significant amount of excess inventory, specifically 100,000 units, incurs monthly storage and capital costs of at least 5,000, leading to a potential loss of 30,000 if held for six months [1] - The article suggests that companies struggling to sell their excess inventory can utilize the services of Chip Superman for better pricing and faster transactions [1][10] Product Offerings - Chip Superman lists various semiconductor components available for sale, including brands like ON, 安世 (Anshi), MPS, and TI, with quantities ranging from 1,000 to 90,000 units [4][5][6] - The total inventory includes over 50 million semiconductor components, with a total value exceeding 100 million [7] Service Efficiency - Chip Superman claims to complete transactions in as little as half a day, providing a quick solution for companies looking to clear their inventory [8] - The company operates a 1,600 square meter smart storage facility with over 1,000 different models and conducts quality control checks on all materials [7]

Revenue Performance - Revenue for Q3 2025 was $737.2 million, an increase of $117.1 million, or 18.9%, from $620.1 million in Q3 2024[108] - Revenue for the nine months ended September 30, 2025, was $2,039.3 million, an increase of $453.9 million, or 28.6%, from $1,585.4 million in the same period of 2024[110] - Revenue from the storage and computing market increased by $42.6 million, or 29.6%, in Q3 2025 compared to Q3 2024, primarily due to higher sales of power solutions for storage applications[109] - Revenue from the automotive market increased by $40.2 million, or 36.1%, in Q3 2025 compared to Q3 2024, driven by higher sales supporting advanced driver assistance systems[109] - Revenue from the enterprise data market decreased by $53.0 million, or 10.2%, for the nine months ended September 30, 2025, compared to the same period in 2024[111] Profitability Metrics - Gross profit margin for Q3 2025 was 55.1%, compared to 55.4% in Q3 2024[107] - Operating income for Q3 2025 was $195.2 million, representing 26.5% of revenue, consistent with Q3 2024[107] - Net income for Q3 2025 was $178.3 million, or 24.2% of revenue, compared to $144.4 million, or 23.3% of revenue in Q3 2024[107] - Gross margin decreased to 55.1% in Q3 2025 from 55.4% in Q3 2024, primarily due to product mix[115] Expenses - Cost of revenue for Q3 2025 was $330.9 million, representing 44.9% of revenue, compared to $276.7 million or 44.6% in Q3 2024, driven by higher shipment volume[114] - R&D expenses for Q3 2025 were $98.2 million, or 13.3% of revenue, up from $85.1 million or 13.7% in Q3 2024, with increases in cash compensation and benefits[118] - SG&A expenses for Q3 2025 were $112.9 million, or 15.3% of revenue, compared to $94.4 million or 15.2% in Q3 2024, driven by higher cash compensation and stock-based compensation[122] Cash Flow and Financial Position - Net cash provided by operating activities for the nine months ended September 30, 2025, was $733.3 million, an increase of $112.6 million from the same period in 2024[131] - Total cash, cash equivalents, and short-term investments as of September 30, 2025, were $1,269.5 million, up from $862.9 million as of December 31, 2024[130] Tax and Repatriation - The income tax expense for Q3 2025 was $27.3 million, or 13.3% of pre-tax income, lower than the federal statutory rate of 21% due to tax law changes and foreign tax credits[127] - The company repatriated $275 million of cash from foreign subsidiaries to the U.S. with minimal tax impact during the nine months ended September 30, 2025[130] Future Commitments and Stock Repurchase - As of September 30, 2025, total estimated future unconditional purchase commitments were $499.3 million, with $443.2 million due within a year[138] - The Board of Directors approved a stock repurchase program of up to $500 million, with $495.3 million remaining available for future repurchases as of September 30, 2025[140] Strategic Outlook - The company plans to continue diversifying revenue across regions and product categories to mitigate risks associated with the cyclical nature of the semiconductor industry[102] - The company remains cautious regarding macroeconomic conditions, including rising inflation and global tariffs, which could impact future operations[103]

Core Insights - October was a challenging month for stock selection, with the 15 selected stocks experiencing an average decline of 0.41% in value [1]. Group 1 - The SPDR S&P 500 Trust ETF was referenced, indicating a broader market context for the stock performance [1]. - The analyst has over 10 years of experience in the investment field, starting as an analyst and advancing to a management role [1]. - Dividend investing is highlighted as a personal interest of the analyst, suggesting a focus on income-generating investments [1].