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EnerSys: Showing Margin Power But Waiting For Volume Growth
Seeking Alpha· 2026-02-06 11:52
EnerSys ( ENS ) turned in a solid but uneven quarter for Q3 that was driven by cost cuts, better pricing, and improved product mix despite revenues barely growing and missing estimates due to weaker demandI'm an insurance Case Manager with a deep interest in investing. My investment philosophy is all about buying high quality stocks and great businesses. My favorite businesses are those led by disciplined capital allocators, earn exceptional returns on capital, and can compound their invested capital over l ...
Ethan Allen Interiors: Valuation, Fundamentals Are More Synchronized
Seeking Alpha· 2026-02-06 11:48
It has been nearly four months since my previous coverage of Ethan Allen Interiors Inc. ( ETD ). From my cautious stance before, I was a bit too early to shift to an optimistic approach. The stockI have been working in the logistics sector for almost two decades. I have been into stock investing and macroeconomic analysis for almost a decade. Currently, I focus on ASEAN and NYSE/NASDAQ Stocks, particularly in banks, telco, logistics, and hotels. Since 2014, I have been trading on the PH stock market. I focu ...
A tech wreck has rattled markets. Why this battered S&P 500 sector could be primed for a bounce.
MarketWatch· 2026-02-06 11:47
A tech wreck has rattled markets. Why this battered S&P 500 sector could be primed for a bounce. - MarketWatch## Need to Know# A tech wreck has rattled markets. Why this battered S&P 500 sector could be primed for a bounce.## A popular software ETF is now at extremely oversold levels, according to one measurePublished: Feb. 6, 2026 at 6:47 a.m. ETShareResize---Listen(7 min)Shares of many tech plays have been sent to the dump. Photo: issouf sanogo/Agence France-Presse/Getty ImagesHard to believe, but amid th ...
Canada Nickel Announces US$32 Million Bridge Loan Facility with Auramet International, Inc.
Prnewswire· 2026-02-06 11:45
TORONTO, Feb. 6, 2026 /PRNewswire/ - Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQX: CNIKF) today announced that the Company has entered into a US$32 million bridge loan facility with Auramet International, Inc. ("Auramet") which is expected to close on or before February 9, 2026. Proceeds from the facility provide additional funding to advance the Company's flagship Crawford Nickel Sulphide Project and to repay the existing loan with Ber Tov Capital Corporation ("BT Capit ...
Miami International Holdings Reports Trading Results for January 2026
Prnewswire· 2026-02-06 11:45
MIAX Exchange Group reports 25.1% year-over-year increase in multi-list options ADV ®®®® PRINCETON, N.J. and MIAMI, Feb. 6, 2026 /PRNewswire/ -- Miami International Holdings, Inc. (MIAX) (NYSE: MIAX), a technology-driven leader in building and operating regulated financial markets across multiple asset classes, today reported January 2026 trading results for its U.S. exchange subsidiaries — MIAX, MIAX Pearl, MIAX Emerald and MIAX Sapphire (collectively, the MIAX Exchange Group), and MIAX Futuresâ"¢. January ...
Hims & Hers falls 8% after Novo's legal threat. Here's the latest
CNBC· 2026-02-06 11:44
The stock of Hims & Hers dropped in premarket trading early Friday after a legal threat from Novo Nordisk.The online teleheath company announced on Thursday plans to launch a cheaper, copycat version of Novo's weight loss pill, prompting Novo to take legal action.Hims stock spiked as much as 15% on the news in Thursday trading, but quickly pared gains and ended the session down 3.8% at a 12-month low after Novo said the action was "illegal." Shares fell another 6.7% in premarket trading Friday.Hims said it ...
Apple Scales Back AI Health Coach Plans
PYMNTS.com· 2026-02-06 11:43
Core Insights - Apple Inc. is scaling back its plans for an AI-based health coach, indicating challenges in monetizing health tracking services [1][2] - The initiative, known internally as Health+, will not be launched as a standalone service but will integrate features into the existing Health app over time [2][4] Group 1: Leadership and Strategy Changes - A leadership change occurred in Apple's health organization, with Eddy Cue taking over after Jeff Williams' retirement, emphasizing the need for faster progress [3] - Cue has identified competitors like Oura and Whoop as offering more appealing features, prompting a reevaluation of Apple's health offerings [3] Group 2: Product Development and Features - The AI health coach was delayed multiple times, initially planned for iOS 26 and later for iOS 27, which is set for September [4] - The service aimed to provide health reports and AI-driven recommendations using data from Apple Watch and external lab reports, with some video content repurposed for the Health app [4] Group 3: Competitive Landscape - Competition in health tracking is intensifying, with Samsung gaining ground and OpenAI launching "ChatGPT Health" for data analysis and feedback [5] - Apple is also developing an AI chatbot for health inquiries and plans for Siri to handle more advanced health questions in the future [5]
Tesla is training its AI technology in China, local media reports
Reuters· 2026-02-06 11:41
Core Insights - Tesla is establishing an artificial intelligence training center in China, focusing on local applications and assisted driving technologies [1] Group 1: Company Developments - The AI training center will enhance Tesla's capabilities in developing AI solutions tailored for the Chinese market [1] - This initiative reflects Tesla's commitment to expanding its presence and technological advancements in China [1] Group 2: Industry Implications - The establishment of the AI center may position Tesla competitively within the rapidly evolving autonomous driving sector in China [1] - This move could influence other automotive companies to invest in similar AI technologies to keep pace with Tesla's advancements [1]
BELLRING CLASS ACTION: BellRing Brands, Inc. (BRBR) Accused of Misrepresentations About Its Elevated Inventory in Securities Fraud Lawsuit, Contact BFA Law by March 23
TMX Newsfile· 2026-02-06 11:36
Core Viewpoint - A class action lawsuit has been filed against BellRing Brands, Inc. and certain senior executives for securities fraud following a significant stock drop attributed to potential violations of federal securities laws [1]. Company Overview - BellRing Brands, Inc. develops, markets, and sells "convenient nutrition" products, primarily ready-to-drink protein shakes under the Premier Protein brand [4]. Allegations of Securities Fraud - The lawsuit claims that BellRing misrepresented sales growth as being driven by increased consumer demand, attributing it to "organic growth" and "strong macro tailwinds," while downplaying competitive pressures [4]. - It is alleged that the reported sales were actually due to key customers stockpiling inventory, not reflecting true end-consumer demand [4]. Stock Performance and Impact - On May 6, 2025, BellRing's CFO indicated that several key retailers had lowered their inventory levels, leading to a stock price drop of $14.88 per share, or 19%, from $78.43 to $63.55 [5]. - Following the release of Q3 2025 financial results on August 4, 2025, and a narrowed fiscal year outlook, the stock dropped by $17.46 per share, nearly 33%, from $53.64 to $36.18 [6][7]. Legal Proceedings - Investors have until March 23, 2026, to request to lead the case in the U.S. District Court for the Southern District of New York, under the caption Denha v. BellRing Brands, Inc. [3].
COREWEAVE CLASS ACTION: CoreWeave, Inc. (CRWV) Accused of Misrepresentations About Its Infrastructure Delays in Securities Fraud Lawsuit, Contact BFA Law by March 13
TMX Newsfile· 2026-02-06 11:36
Core Points - A class action lawsuit has been filed against CoreWeave, Inc. and certain senior executives for securities fraud following significant stock drops due to potential violations of federal securities laws [1][3] - Investors are encouraged to seek additional information regarding the lawsuit and their legal options [2][9] Company Overview - CoreWeave is an AI-focused cloud computing company that operates data centers providing high-performance GPU infrastructure [4] - The company relies on partnerships, notably with Core Scientific, to develop its data centers [4] Allegations and Stock Performance - CoreWeave allegedly overstated its ability to meet customer demand and concealed significant construction delays at its data centers [5] - On October 30, 2025, CoreWeave's stock dropped by $8.87 per share (over 6%) after the merger agreement with Core Scientific was terminated due to insufficient shareholder votes [6] - Following a revenue guidance reduction on November 10, 2025, the stock fell by $17.22 per share (over 16%) due to delays from a third-party data center developer [7] - A report on December 15, 2025, indicated further delays in a major data center project, causing the stock to drop by $2.85 per share (over 3%) [8]