Georgia-based carrier with 128 drivers files for Chapter 11 bankruptcy
Yahoo Finance· 2026-02-06 15:20
Robert Bearden Trucking, a Southeast regional trucking carrier, has filed for Chapter 11 bankruptcy protection, according to court records. The Cairo, Georgia-based company filed its voluntary petition on Jan. 26 in the U.S. Bankruptcy Court for the Middle District of Tennessee, listing between 1 and 49 creditors. The debtor estimated both assets and liabilities in the range of $0 to $50,000 and indicated that funds may be available for distribution to unsecured creditors. As of early February, Federal ...
Affirm CEO Max Levchin on the company's record retailer growth
Youtube· 2026-02-06 15:20
The buy now pay later firm known as a firm delivering a quarterly earnings beat 30% increase in sales. Company also investing in new AI tools for merchants. I hear the stocks down.That's about as that's stupid. Anyway, here's what we're going to do. I'm a little judgmental there.Uh we got first on CNBC a firm co-founder [music] and CEO Max Lein. Max, it's always great to see you. >> Great to see you.>> Terrific. Okay. So, Max, how did your uh we believe in nosing your big nothing or zero APR event do.How ma ...
Why is Nvidia stock soaring over 5% today?
Invezz· 2026-02-06 15:20
Nvidia stock (NASDAQ: NVDA) surged about 5% on Friday, leading a tech rebound after a bruising week for software and data stocks. Traders said the move comes on the back of multiple factors, including... ...
Nvidia Is Investing $2 Billion More Into CoreWeave. Does This Make the Artificial Intelligence (AI) Stock a Safer Buy?
Yahoo Finance· 2026-02-06 15:20
CoreWeave's (NASDAQ: CRWV) stock went public nearly a year ago, back in March 2025. It has been a key stock for artificial intelligence (AI) investors to focus on, due to its close relationship with Nvidia (NASDAQ: NVDA). It gives companies access to compute power and Nvidia's leading chips, thus making it an attractive investment if you're bullish on the AI trade and Nvidia's continued dominance. Nvidia has also invested in CoreWeave. Recently, it also increased its stake in the business by $2 billion. T ...
5 ways to repay or refinance a payday loan
Yahoo Finance· 2026-02-06 15:19
It’s no secret that payday loans are an expensive fix for borrowers. While they can offer quick access to cash, payday loans typically come with fees of 400% or more. According to a 2025 report from the Center for Responsible Lending, payday lenders collected $2.4 billion in fees from borrowers in a single year. On top of the steep cost, short repayment periods can make payday loans risky. Whether you’ve taken out a payday loan already or you’re thinking about using one when you’re low on cash, you may ha ...
AST SpaceMobile Stays Volatile as Launch Pace Becomes the Key Market Question
Investing· 2026-02-06 15:18
Market Analysis by covering: AT&T Inc, Alphabet Inc Class A, American Tower Corp, Verizon Communications Inc. Read 's Market Analysis on Investing.com ...
Strategy fourth quarter software growth offset by Bitcoin losses
Proactiveinvestors NA· 2026-02-06 15:17
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
FUJIFILM Q3 Earnings & Revenues Up Y/Y, FY25 View Revised
ZACKS· 2026-02-06 15:16
Key Takeaways FUJIFILM reported record Q3 fiscal 2025 revenue, operating income and net income, with sales up 5.5% y/y.FUJIY's Healthcare and Electronics segments led growth, driven by Bio CDMO expansion.FUJIFILM raised full-year operating income and net income guidance while keeping its revenue view unchanged.FUJIFILM Holdings Corporation (FUJIY) reported a third-quarter fiscal 2025 (ended Dec. 31, 2025) net income of ¥73.1 billion compared with ¥71.2 billion in the year-ago quarter.Revenues of ¥857.4 bill ...
Credo Technology Slips 32% in a Month: Hold the Stock or Cut Losses?
ZACKS· 2026-02-06 15:16
Core Viewpoint - Credo Technology Group Holding Ltd (CRDO) has experienced a significant stock decline of 31.9% over the past month, raising concerns about volatility in AI-driven semiconductor investments. The broader Electronic-Semiconductors industry has also seen a decrease of 7.6% during the same period [1][7]. Group 1: Company Performance and Growth Drivers - CRDO's stock previously benefited from the AI infrastructure cycle, which increased demand for high-speed, energy-efficient data center connectivity solutions [2]. - The company's focus on high-performance, energy-efficient connectivity solutions positions it strategically as hyperscalers and cloud service providers upgrade their network architectures [3]. - CRDO's Active Electrical Cables (AECs) are central to its growth narrative, offering up to 1,000 times higher reliability and consuming approximately 50% less power compared to optical alternatives [4]. - The company is also advancing its IC portfolio, including retimers and optical DSPs, with expectations for design wins and revenue contributions in fiscal 2026 [5]. - CRDO anticipates revenues between $335 million and $345 million for the fiscal third quarter, indicating a sequential growth of 27% at the midpoint [12]. Group 2: Financial Health and Profitability - CRDO's non-GAAP gross margin improved by 410 basis points to 67.7%, exceeding the company's guidance [10]. - The company reported a non-GAAP operating income of $124.1 million, a significant increase from $8.3 million in the previous year [10]. - As of November 1, 2025, CRDO had $813.6 million in cash and cash equivalents, up from $479.6 million as of August 2, 2025, providing financial flexibility for innovation and expansion [11]. Group 3: Market Opportunities and Competitive Landscape - CRDO has introduced additional growth pillars, including Zero-Flap optics, active LED cables, and OmniConnect gearboxes, collectively representing a market opportunity likely to exceed $10 billion [9]. - The company faces competition from major players like Broadcom and Marvell Technology, which are also capitalizing on the AI semiconductor market [16][19]. - CRDO's forward 12-month price/sales ratio is 11.48, higher than the Electronic-Semiconductors sector average of 7.68, indicating a premium valuation [20]. Group 4: Risks and Challenges - CRDO's revenue is heavily reliant on a few hyperscalers, which poses risks if there are changes in spending or in-house solutions from these customers [13]. - The new connectivity pillars are not expected to generate significant revenues until fiscal 2027-2028, and execution delays could further impact timelines [14]. - Non-GAAP operating expenses are projected to rise approximately 50% year-over-year in fiscal 2026, which could pressure margins if revenue growth does not keep pace [14].
Orange County Bancorp, Inc. (OBT) Hits Fresh High: Is There Still Room to Run?
ZACKS· 2026-02-06 15:16
Shares of Orange County Bancorp, Inc. (OBT) have been strong performers lately, with the stock up 16.7% over the past month. The stock hit a new 52-week high of $35.07 in the previous session. Orange County Bancorp, Inc. has gained 19.3% since the start of the year compared to the 0.5% move for the Zacks Finance sector and the 12.4% return for the Zacks Banks - Northeast industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our ear ...