On reindustrialization and global growth, he said he sees limited growth engines outside the U.S., noting that China is not the growth engine it once was and that Europe has not historically been a sustained growth engine. He described India as growing, but not at the scale of China, the U.S., or the EU. In his view, “all roads lead back to the United States” for sustained growth potential, pointing to business tax policy and accelerated depreciation as factors that could support capital investment, while a ...

Achieved record 2025 results with 11% adjusted EBITDA growth, marking the 12th consecutive year of margin expansion through a culture of continuous improvement. Performance was driven by a 'connected portfolio' strategy, allowing the company to capture higher share of wallet by supplying integrated materials and services across the value chain. Strategic alignment with three core megatrends—transportation, water, and reindustrialization—provided a robust demand backdrop despite headwinds in residentia ...

American metal mills have incredibly slow lead times and will only sell to a select few customers due to capacity constraints. [music] Meanwhile, mills in Europe, Africa, and Asia are flooding the American metal market with much cheaper products and much faster lead times. In order for America to re-industrialize, we need modern mill capacity on United States [music] soil.For example, if I wanted to get an aluminum plate like this, it may take up to 8 weeks from an American mill. For stainless steel require ...

Core Insights - Eaton, an intelligent power management company, announced participation in the Barclays 43rd Annual Industrial Select Conference on February 17, 2026 [1] - Michael Regelski, senior vice president and chief technology officer of Eaton's Electrical Sector, will engage in a fireside chat discussing the company's Electrical business [1] - The discussion will focus on significant megatrends such as electrification, digitalization, AI, and reindustrialization [1]

Core Insights - Palantir reported a record revenue growth of 70% year-over-year in Q4 FY25, marking the highest growth rate since its IPO [1] - The company achieved an annual revenue of $4.475 billion for FY25, reflecting a 56% increase compared to the previous year [1] - Adjusted operating income for Q4 reached $798 million, with a profit margin of 57%, while the annual adjusted operating income was $2.3 billion, with a profit margin of 50% [1] - Total contract value (TCV) in Q4 hit a historical high of $4.3 billion, up 138% year-over-year [1] - The number of customers increased by 34% to 954, and remaining contract value grew by 105% to $11.2 billion [1] Financial Performance - For Q1 FY26, Palantir expects revenue between $1.532 billion and $1.536 billion, with adjusted operating income projected between $870 million and $874 million [2] - The median revenue forecast for FY26 is $7.19 billion, representing a 61% year-over-year growth [2] - U.S. commercial business revenue is anticipated to exceed $3.14 billion, with a minimum growth of 115% [2] - Adjusted operating income for FY26 is expected to be between $4.26 billion and $4.28 billion, with adjusted free cash flow projected between $3.925 billion and $4.125 billion [2] Market Position and Strategy - Company executives described the current performance as a "historic breakthrough," emphasizing the unique focus on scaling AI models for real-world value creation [2] - Palantir aims to transform clients from "AI adopters" to "AI-native enterprises," leveraging top-tier technology for exponential advantages [2] - The company is witnessing a shift in client attitudes, with more customers eager to understand how to accelerate the implementation of Palantir's solutions [4] Business Development and Client Engagement - Palantir's strategy involves rapidly demonstrating value to clients, resulting in larger and faster expansions in business engagements [3] - The company completed 61 transactions exceeding $10 million, indicating a growing recognition of the impact of its solutions [3] - There is a notable increase in clients restructuring their organizations to better integrate Palantir's products [4] Defense Sector Insights - Palantir has expanded its focus from defense to other sectors such as pharmaceuticals and data centers, indicating a broader industrialization strategy [5] - The company is receiving numerous inquiries about how to implement similar practices in government projects, reflecting its growing influence in defense [5] - There is a consensus that Palantir's competitors are not performing well, allowing the company to maintain strong relationships with industry leaders [6]

Core Insights - Eaton Corporation (ETN) is anticipated to show improvements in both revenue and earnings for Q4 2025, with earnings estimated at $3.33 per share and revenues at $7.11 billion [1][6] Earnings Estimates - Fourth-quarter earnings estimates have decreased by 0.6% over the last 60 days, but still reflect a 17.67% increase compared to the same quarter last year [2] - ETN expects earnings to range between $3.23 and $3.43 per share, with quarterly revenues projected to increase by 13.87% year-over-year [2] Earnings Surprise History - Eaton has consistently beaten the Zacks Consensus Estimate in the last four quarters, with an average surprise of 0.70% [3][4] Earnings Prediction Model - The current model does not predict an earnings beat for Eaton this quarter, as it has an Earnings ESP of -0.13% and a Zacks Rank of 3 (Hold) [7] Factors Driving Performance - Eaton's strong order wins are supported by a solid backlog and a book-to-bill ratio above 1, indicating stable demand for its products [9] - Growth is driven by electrification, global megatrends, energy transition, and reindustrialization, with significant demand from AI data centers [10] - Ongoing investments in R&D are enhancing product quality and innovation, contributing to expected organic revenue growth of 8.5-9.5% for the quarter [11] Share Repurchase Impact - The company's share repurchase program, funded by free cash flow, is likely to positively influence fourth-quarter earnings [12] Financial Performance Metrics - Eaton's trailing 12-month return on equity (ROE) stands at 24.36%, surpassing the industry average of 19.27%, indicating efficient use of shareholders' equity [13] Valuation Comparison - Eaton is currently trading at a premium compared to its industry, with a forward 12-month P/E ratio of 25.61, while the industry average is 23.03 [16]

Core Viewpoint - Eaton plans to separate its Vehicle and eMobility segments into an independent, publicly traded company, enhancing focus on its core Electrical and Aerospace businesses and aligning with its 2030 growth strategy [1][2]. Group 1: Separation Details - The separation is expected to be completed by the end of the first quarter of 2027, pending legal and regulatory approvals, and will be tax-free for Eaton shareholders for U.S. federal income tax purposes [7]. - This move follows Eaton's previous divestitures of Lighting in 2020 and Hydraulics in 2021, and is anticipated to be immediately accretive to Eaton's organic growth and operating margin [4]. Group 2: Strategic Focus - Post-separation, Eaton will prioritize capital allocation towards higher-growth, higher-margin businesses, enhancing its ability to adapt to market dynamics and deliver consistent returns [3][8]. - The Mobility Group will gain flexibility to pursue growth opportunities in markets for heavy-, medium-, and light-duty trucks, passenger vehicles, and off-highway vehicles [6]. Group 3: Business Overview - The Mobility segment provides critical engineered solutions for power management in vehicles, holding a leading position in commercial truck transmissions and clutches in the Americas, as well as high-voltage EV fuses globally [5]. - Eaton's recent acquisitions, including Ultra PCS and the announced acquisition of Boyd Thermal, strengthen its portfolio to capitalize on demand in data centers, utilities, and the aerospace sector [3].

Financial Performance and Growth - The company's Utilities segment revenue reached $2.658 billion in TTM Q3 2025[9], while the Energy segment revenue was $4.931 billion in TTM Q3 2025[12, 19] - The company's backlog for Utilities was $6.593 billion in Q3 2025[15], and for Energy was $4.470 billion in Q3 2025[20] - The company targets a gross profit growth of 9% to 12%[38, 84] - The company projects full year 2025 Adjusted EBITDA to be between $510 million and $530 million[88, 98] - The company anticipates full year 2025 Adjusted EPS to be in the range of $5.35 to $5.55 per diluted share[88, 96] Strategic Focus and Market Positioning - The company is focused on high-growth markets like Renewables and Power Delivery[38, 41] - The company aims to grow solar revenue from $1.3 billion in 2023 to $2.9 billion in TTM Q3 2025[63] - The company is targeting an operating cash flow margin of 4% to 5% by 2026[84] - The company is aiming for a Net Debt / Adjusted EBITDA target of 1.5x[68, 84] Contract and Customer Base - Reimbursable contracts account for 51% of revenue, while fixed-price contracts account for 49% in TTM Q3 2025[25] - The company derives 41% of its revenue from its top 10 customers[33]

Core Viewpoint - Joby Aviation is expanding its manufacturing capabilities by acquiring a 700,000-square-foot facility in Dayton, Ohio, to support its production goals for electric vertical takeoff and landing aircrafts (eVTOLs) [1][2]. Group 1: Manufacturing Expansion - The new facility in Ohio more than doubles Joby's manufacturing footprint [2]. - Joby plans to increase its production capacity to four aircrafts per month by 2027, as previously announced [2]. Group 2: Strategic Growth and Industry Impact - The facility acquisition aligns with Joby's growth plans and aims to revitalize the commercial and defense aerospace industries in the U.S. [2][3]. - Joby emphasizes the importance of reindustrialization in Ohio, supported by governmental and policy backing, to ensure future aircraft are built in America [3]. - The air taxi market is witnessing increased manufacturing activity, with companies like Joby scaling up production to gain a competitive edge [3].

All right. So, you're looking at the IIGJA, that big infrastructure bill. You say it was about 300 billion.About 170 has been spent and under 130 to grow. And you say that's tanamount to really a big tailwind for the material sector. >> Yeah.You know, and and what I'd say, Frank, is I look at it in three buckets. So, the public, you're right. It is we've got an incredibly positive outlook.Even though the bill expires in September, only 50% of the dollars have even been spent. Another really big bucket to wa ...