Company Overview - Gartner, Inc. (NYSE:IT) is a research and advisory company that provides subscription-based insights, expert access, consulting services, and executive conferences [2] Recent Performance - Gartner was noted as the fifth worst performer in the S&P 500 in 2025, with a decline of almost 48% last year [2] - The company has faced challenges due to the rise of AI, which allows businesses to access information independently, reducing the need for Gartner's research services [2] Market Sentiment - Jim Cramer expressed concerns about Gartner's recent performance and the competitive threat posed by AI advancements, indicating a lack of confidence in the stock's recovery [1][2]

Core Insights - Salesforce reported a non-GAAP EPS of $3.81, exceeding estimates by 25%, with Agentforce ARR reaching $800 million [1] - The company closed 29,000 Agentforce deals in Q4, marking a 50% increase quarter-over-quarter [1] - FY27 revenue guidance is set at $45.8 billion to $46.2 billion, indicating organic growth acceleration expected only in the second half of the fiscal year [1] Q4 FY26 Earnings Performance - **Revenue Performance**: Revenue of $11.20 billion grew 12.1% year-over-year, slightly beating expectations; subscription and support revenue, which constitutes 95% of total revenue, rose 13% year-over-year to $10.68 billion [1] - **Earnings Beat**: Non-GAAP EPS of $3.81 surpassed estimates by $0.76, reflecting a 37% increase from $2.78 in Q4 FY25, marking the largest earnings surprise in recent quarters [1] - **Forward Guidance**: FY27 revenue is projected to grow by 10-11%, with Informatica contributing approximately 3 percentage points to this growth [1] - **Profit Margins**: Non-GAAP operating margin expanded by 110 basis points year-over-year to 34.2%; GAAP operating margin decreased to 16.7% due to costs associated with Informatica [1] - **Cash Generation**: Free cash flow increased by 39.5% year-over-year to $5.32 billion for the quarter, with full-year free cash flow reaching $14.4 billion, a nearly 16% increase [1] - **Management Tone**: CEO Marc Benioff emphasized the success of Agentforce, noting 29,000 deals closed, a 50% increase quarter-over-quarter, and reaffirmed a raised FY30 revenue target of $63 billion [1] Bottom Line - The significant EPS beat and the momentum in AI monetization through Agentforce, which saw ARR grow by 169% year-over-year, are key highlights [1] - Current RPO stands at $35.1 billion, reflecting a 16% increase, indicating strong near-term revenue visibility [1] - A new $50 billion share repurchase authorization and a 5.8% increase in quarterly dividends to $0.44 reinforce the company's capital discipline [1] - Caution is advised as FY27 guidance suggests modest organic growth until the second half, and there are execution risks associated with the Informatica integration [1]

Alvopetro Energy Ltd (TSX-V:ALV, OTC:ALVOF, FRA:A6Y0) reported a 79% jump in proved reserves at year-end 2025, driven by drilling success in Brazil and new Canadian assets, and outlined its 2026 capital plan.Immunic Inc (NASDAQ:IMUX) secured up to $400 million in financing and advanced its lead multiple sclerosis drug into late-stage trials with key data expected by end-2026.Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF, FRA:1SS) added new Tier 1 and Tier 2 enterprise clients, expanding adoption of its AI-powered Eve ...

Core Insights - Baidu's total revenue for 2025 reached 129.1 billion RMB, a year-on-year decline of 3%, with AI business revenue at 40 billion RMB [2][4] - In Q4 2025, Baidu's total revenue was approximately 32.7 billion RMB, down 4.1% year-on-year, but AI business revenue exceeded market expectations, accounting for 43% of general business revenue [2][4] - The net profit attributable to Baidu in Q4 was 1.8 billion RMB, a significant year-on-year decline of 191% [2][4] Financial Performance - Baidu's operating income for 2025 was a loss of 5.8 billion RMB, compared to a profit of 21.3 billion RMB in 2024 [3] - Total costs and expenses for 2025 were 134.9 billion RMB, up from 111.9 billion RMB in 2024 [3] - The net profit for 2025 was approximately 5.6 billion RMB, a decrease of 76.5% year-on-year [4] AI Business Growth - AI cloud revenue for 2025 was 20 billion RMB, representing a year-on-year growth of 34% [4] - In Q4, subscription revenue from AI high-performance computing facilities grew by 143% year-on-year [4] - AI-native marketing services saw a remarkable revenue increase of 301% in 2025 [4] User Engagement and Product Development - Baidu's app monthly active users reached 679 million, with Wenxin Assistant achieving 202 million monthly active users [4][5] - The launch of Wenxin 5.0, a large model with 2.4 trillion parameters, supports various forms of input and output [6] - The company emphasizes that applications are more important than models in creating value, focusing on user needs for product development [6] Autonomous Driving Expansion - The autonomous driving service "Luobo Kuaipao" recorded 3.4 million service instances in Q4, a year-on-year increase of over 200% [5][6] - The service has expanded globally, with operations in multiple countries including the UK, Switzerland, and the Middle East [6] - As of February 2026, Luobo Kuaipao has provided over 20 million service instances across 26 cities worldwide [5][6]

Key Takeaways NVIDIA beat Q4 fiscal 2026 estimates with EPS of $1.62 on $68.1B revenues, up 73% year over year. NVDA's Data Center sales jumped 75% to $62.3B, fueled by Blackwell GPUs and 263% networking growth.NVIDIA guided Q1 revenues of $78B and sees up to $4T in AI infrastructure spending by decade's end.NVIDIA Corp. (NVDA) — the undisputed global leader of generative artificial intelligence (AI)-powered graphical processing units (GPUs) — reported strong fourth-quarter fiscal 2026 earnings results. Adj ...

Welcome back. Let's bring in our panel. Jay Woods is Freedom Capital Markets chief market strategist.Shauna Smith is senior investment strategist at Global X ETFs. And still with me, still with us, GooGan Securities, Eric Mandal. Great to have you all here.Um, I just want to pick up on the conversation we're having right before the commercial break. And I want to get both of your thoughts on what we've seen from these tech prints overnight. So Shauna, let's start with you.>> I think they're impressive. I I ...

Core Insights - Carlyle Group has increased its targets for fee-related earnings, distributable earnings per share, and inflows up to 2028, surpassing consensus expectations and reflecting growth over the past few years [2][4] Company Strategy - The company has undergone a systematic overhaul over the past three years, focusing on strategic growth initiatives, operating model improvements, compensation strategy changes, capital allocation, and leadership restructuring [3][4] - Leadership changes have been fundamental in mobilizing the firm, contributing to significant growth and setting a conservative model for the next three years without relying on inorganic growth strategies [4][5] Market Sentiment and Economic Outlook - Despite market volatility, Carlyle remains the best performer among its peers, although it has seen a 12% decline month-to-date [6] - The firm does not overly react to daily market sentiment, instead relying on data from its portfolio companies, which employ over 700,000 people across various sectors [7][8] - Economic indicators suggest a positive outlook, with GDP growth potentially exceeding 3% to 4% in the first quarter, supported by favorable financial conditions [9] Capital Demand and Industry Trends - There is a growing global demand for capital, driven by economic growth, reindustrialization, and national security investments, which Carlyle has been engaged in for 40 years [15][16] - The geopolitical landscape has shifted towards a competition for capital, making private capital increasingly important for economic growth [16]

Investment Overview - Citigroup has made its first investment in Japan by investing in Sakana AI, although the investment size remains undisclosed and is described as "strategic" [1] - The partnership aims to accelerate innovation in global financial services by leveraging Citigroup's market reach and Sakana AI's research and development capabilities [1] Company Profile - Sakana AI is a Tokyo-based AI start-up that specializes in developing foundational models and enterprise-grade AI tools inspired by nature [2] - The company plans to use the new capital to enhance its international expansion and build on existing partnerships with major financial institutions [2] Strategic Partnerships - In 2025, Sakana AI announced collaborations with Mitsubishi UFJ Financial Group (MUFG) and Daiwa Securities Group to create custom AI models for specialized financial sectors [3] - Santander Group from Spain also invested in Sakana AI as part of its Series B fundraising, similar to Citigroup's investment [3] Market Position - Citigroup's global head of Markets Strategic Investments, Siris Singh, noted that Sakana AI has established a strong foundation and product market fit in Japan [4] - Other major US banks are also increasing their focus on AI strategies, indicating a broader trend in the financial sector [4]

Company Performance - Nvidia's shares fell over 2% despite reporting significant beats on quarterly revenue and profit, with guidance also exceeding expectations, raising concerns about competitive threats and the sustainability of AI demand [2] - Salesforce's shares dropped about 4% due to a revenue forecast that fell short of estimates, although they rebounded by more than 2% after CEO Marc Benioff addressed sell-off concerns [3] - Stellantis reported a substantial full-year loss of $26 billion attributed to an EV-related charge, highlighting challenges in the automotive sector [4] Market Trends - US stocks exhibited mixed performance at the opening, with the Dow Jones Industrial Average increasing by approximately 0.4%, while the S&P 500 and Nasdaq Composite declined by 0.2% and 0.4%, respectively, indicating investor uncertainty [1] - Concerns regarding an AI bubble and the impact of AI on traditional sectors have influenced stock performance, particularly in technology [3] Economic Indicators - Initial jobless claims saw a slight increase over the previous week, while continuing claims experienced a small decline, suggesting a stagnated economy as investors await the January wholesale inflation reading [5]

Core Insights - C3.ai, Inc. reported disappointing third-quarter results for fiscal 2026, with earnings and revenues falling short of expectations, leading to a 21.7% drop in stock price during after-market trading [1][4]. Financial Performance - The company experienced a significant year-over-year decline in total revenues, primarily due to reduced contributions from Subscription and Professional Services [2]. - Adjusted loss per share was 40 cents, worse than the expected loss of 29 cents, and revenues were $53.26 million, missing the consensus estimate by 29.8% and down 46.1% year over year [4][10]. - Subscription revenues fell to $48.2 million from $85.7 million in the previous year, while Professional Services revenues dropped 61.1% to $5.1 million [5]. - Adjusted gross profit decreased to $19.6 million from $68.2 million, with gross margins contracting to 37% from 69% [6]. Operational Highlights - The Federal segment showed strength, with bookings in Federal, Defense, and Aerospace increasing by 134% year over year, accounting for 55% of total bookings [3][10]. - The company is undertaking restructuring actions to enhance operational efficiency and reduce cash burn, aiming for a return to growth and non-GAAP profitability [3]. Cash Flow and Balance Sheet - As of the end of the fiscal third quarter, C3.ai had cash and cash equivalents of $88.8 million, down from $164.4 million at the end of fiscal 2025 [7]. - Net cash used in operating activities was $135.8 million for the first nine months of fiscal 2026, compared to $52.7 million in the same period last year [8]. Future Guidance - For the fourth quarter of fiscal 2026, the company expects revenues between $48 million and $52 million, a significant decrease from $108.7 million reported in the same quarter last year [9]. - Full-year revenue guidance for fiscal 2026 has been lowered to between $246.7 million and $250.7 million, down from previous expectations of $289.5 million to $309.5 million [11].