Company Overview - AVITA Medical is currently undergoing a leadership transition with Cary Vance serving as Interim CEO and David O'Toole as CFO [2][3] - The company is focused on improving its business predictability and credibility following a challenging period in 2025 [3] Business Goals - The primary objective for the fourth quarter was to gain a better understanding of the business to enable accurate forecasting, which was successfully achieved [4] - Looking ahead to 2026, the company aims to grow in a disciplined and methodical manner [4]

Core Viewpoint - The progress of Chinese tech companies across various fields, particularly in AI, is described as "remarkable" by OpenAI's Sam Altman [1] Group 1 - Chinese tech companies are making significant advancements across the entire technology stack [1] - Sam Altman highlights the impressive developments in many fields, with a specific emphasis on artificial intelligence [1]

Market Overview - Asian shares ended mostly higher, supported by easing AI concerns and positive U.S. economic data, despite thin trading volumes due to Lunar New Year holidays in China, Hong Kong, and Taiwan [1] - The dollar remained firm, while gold prices rose above $5,000 an ounce amid reports of potential U.S. military strikes against Iran [2] - Oil prices extended gains after a more than 4% increase on Wednesday [2] Japan - The Nikkei average increased by 0.57% to 57,467.83, and the broader Topix index rose by 1.18% to close at 3,852.09, driven by tech stocks [3] - SoftBank and Tokyo Electron saw gains of 2.6% and 2.9%, respectively, while Advantest fell by 3.6% due to a ransomware cybersecurity incident [3] South Korea - The Kospi average surged by 3.09% to 5,677.25, marking a record high as traders returned from the Lunar New Year holiday [4] - Major semiconductor stocks led the gains, with Samsung Electronics up 4.9%, SK Hynix up 1.6%, and Hyundai Motor up 2.8% [4] Australia - Australian markets reached a four-month high, with the benchmark S&P/ASX 200 jumping 0.88% to 9,086.20, marking a fourth consecutive session of gains [6] - National Australia Bank rose by 2.4% following strong quarterly results, while BHP increased by 1.8% after reporting higher earnings and revenue for the half-year ended December 31, 2025 [6] New Zealand - New Zealand's S&P/NZX-50 index ended up 1.49% at 13,444.20 after a dovish hold from the Reserve Bank of New Zealand [7] U.S. Economic Data - U.S. industrial production growth for January exceeded market expectations, while new orders for manufactured durable goods declined less than expected in December [8] - Housing starts reached a five-month high, contributing to positive sentiment in the tech sector, particularly following Meta's announcement to deploy millions of Nvidia chips [8]

Envestnet Asset Management Inc. lowered its stake in AB Ultra Short Income ETF (NYSEARCA:YEAR – Free Report) by 48.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 206,610 shares of the company’s stock after selling 193,970 shares during the period. Envestnet Asset Management Inc. owned 0.71% of AB Ultra Short Income ETF worth $10,470,000 at the end of the most recent quarter. Get AB Ultra Sho ...

Envestnet Asset Management Inc. lowered its holdings in shares of Canadian Imperial Bank of Commerce (NYSE:CM – Free Report) (TSE:CM) by 70.4% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 124,364 shares of the bank’s stock after selling 296,221 shares during the period. Envestnet Asset Management Inc.’s holdings in Canadian Imperial Bank of Commerce were worth $9,935,000 as of its most recent filing with the SEC. Get Canadian Imperial Bank of Commerce alerts: S ...

Thrivent Financial for Lutherans cut its holdings in iShares ESG Advanced MSCI EAFE ETF (NASDAQ:DMXF – Free Report) by 89.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,730 shares of the company’s stock after selling 22,380 shares during the period. Thrivent Financial for Lutherans’ holdings in iShares ESG Advanced MSCI EAFE ETF were worth $207,000 at the end of the most recent quarter. Get iShares ESG Advanced MSCI EAFE ETF ...

Principal Financial Group Inc. raised its holdings in AxoGen, Inc. (NASDAQ:AXGN – Free Report) by 69.7% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 51,130 shares of the medical equipment provider's stock after acquiring an additional 21,002 shares during the quarter. Principal Financial Group Inc. owned approximately 0.11% of AxoGen worth $912,000 as of its most recent filing with the Securities & Exchange Commission. Get AxoGen alert ...

Principal Financial Group Inc. bought a new position in shares of Stoke Therapeutics, Inc. (NASDAQ:STOK – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 45,205 shares of the company’s stock, valued at approximately $1,062,000. Principal Financial Group Inc. owned approximately 0.08% of Stoke Therapeutics as of its most recent filing with the Securities and Exchange Commission (SEC). Get Stoke Therapeutics alerts: ...

Envestnet Asset Management Inc. lowered its stake in shares of WD-40 Company (NASDAQ:WDFC – Free Report) by 13.2% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 48,262 shares of the specialty chemicals company's stock after selling 7,323 shares during the period. Envestnet Asset Management Inc. owned about 0.36% of WD-40 worth $9,537,000 at the end of the most recent quarter. Get WD-40 alerts: Other hedge funds have also recently added to or reduced their stakes i ...

Thrivent Financial for Lutherans lessened its stake in shares of Midland States Bancorp, Inc. (NASDAQ:MSBI – Free Report) by 67.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 14,663 shares of the financial services provider's stock after selling 31,031 shares during the period. Thrivent Financial for Lutherans owned 0.07% of Midland States Bancorp worth $251,000 as of its most recent filing with the Securities & Exchang ...