"We think they'll be one of the big winners in AI, we can help them grow, and we believe we'll earn a strong return for Amazon over the long term," said Amazon CEO Andy Jassy. ...

Core Insights - CarMax has launched a groundbreaking app in the ChatGPT app store, becoming the first U.S. auto retailer to offer car shopping capabilities within this platform, enhancing the car buying and selling experience for consumers [1][3][7] Group 1: New App Features - The CarMax app allows users to search for vehicles, explore listings, and obtain vehicle value information directly within ChatGPT, streamlining the car shopping journey [3][7] - Customers can describe their desired vehicle using conversational language, making it easier to find suitable options from CarMax's inventory of over 45,000 vehicles [8] Group 2: AI Integration and Customer Support - CarMax has integrated its extensive inventory and vehicle information with the generative AI capabilities of ChatGPT, providing a more intuitive shopping experience [3][4] - The app also facilitates quick offers for car sellers, allowing them to receive instant information about their vehicle's value and access CarMax's online offer tool [8] Group 3: Company Background and Commitment - Founded over 30 years ago, CarMax revolutionized the used car market with a "no-haggle" buying model, emphasizing transparency and customer satisfaction [6] - The company is committed to enhancing the car shopping experience through innovative technology, including its existing virtual assistant, Skye, which manages numerous customer interactions weekly [4][5]

Core Viewpoint - Caterpillar is experiencing a significant decline in profits due to unfavorable manufacturing costs from higher tariffs, despite having strong momentum and solid fundamentals [2][5] Financial Performance - Caterpillar reported a 21% decline in profits for the second quarter, attributed to increased manufacturing costs [2] - The company has a record total order backlog of $51.2 billion, which rose 71% year-over-year, providing notable revenue visibility [6][7] - The Power & Energy segment's sales increased by 44% year-over-year in Q4 2025, driven by demand from AI data centers [6] Market Position and Growth Drivers - Caterpillar is tapping into a new revenue stream from AI data centers, which is expected to provide long-term growth and counterbalance typical cyclicality [3] - The company secured a 2-gigawatt generator order for a single data center campus, highlighting its market leadership [6] Margin and Profitability Concerns - The adjusted operating margin decreased by 270 basis points year-over-year in Q4 2025 to 15.6%, indicating structural margin pressure from tariffs [7] - Long-term profitability metrics show an average operating cash flow margin of 18.4% and an operating margin of 18.7% over the last three years [6] Investment Sentiment - The investment debate centers around whether the substantial backlog and AI-driven growth can offset cyclical slowdown risks and immediate margin pressures [5] - The general consensus on Caterpillar's stock leans neutral due to the tension between backlog strength and margin pressures [5]

分组1: Dell Technologies - Dell's stock is up over 10% despite a volatile market, marking a significant performance in the tech sector [1] - The company reported an EPS of $3.89, a 45% increase from $2.68 last year, and beat estimates of $3.52 [2][3] - Sales increased by 39% year-over-year to $33.3 billion, surpassing the expected $31.9 billion, compared to nearly $24 billion last year [3] - Infrastructure services grew by 73%, and the server business saw a remarkable 123% increase [3] - Dell has raised its guidance for the server business for AI computing to 103% for the full fiscal year 2027, with EPS guidance increased to $2.90 from $2.39 [4] 分组2: CoreWeave - CoreWeave reported a negative EPS of $0.56, missing the estimate of $0.50, but achieved a sales growth of 110% to $1.57 billion [5] - Total revenues for the year reached $5.1 billion, up 168% year-over-year, with guidance for sales between $12 billion and $13 billion [6] - The current contract backlog is reaffirmed at $67 billion, but the market is punishing stocks that are not profitable [7] 分组3: Zscaler - Zscaler's stock has decreased by about 37% over the last six months, despite a strong earnings report [8] - The company reported an EPS of $1.00, up 29% from $0.78 last year, beating the estimate of $0.89, with sales of $815 million, a 26% increase [9] - Free cash flow guidance increased by 18%, and average recurring revenue guidance rose to $3.74 billion [10] - Despite a good report, Zscaler faces challenges due to competitive threats from AI and is trading at high earnings multiples of 35 to 40 times forward earnings [11]

Group 1: Market Overview - In Q4 2025, stock markets paused with the S&P 500 trading sideways from October to year-end, while the MCM Thematic Growth Strategy gained 11.98%, underperforming the S&P 500's 17.88% [1] - The AI boom significantly boosted the S&P 500 in 2025, but concerns arose regarding rising debt and the urgent need for R&D investments in advanced software and data centers [1] - Software stocks sharply declined in 2026 due to falling valuations and rising concerns about AI cannibalization [1] Group 2: Thematic Growth Strategy - The Thematic Growth Strategy aims to ease the load on mega-cap tech stocks and anticipates that other sectors will become increasingly sensitive in the coming months [1] - The letter discussed the effects of changing trends on the balance within the Thematic Growth Strategy [1] Group 3: Occidental Petroleum Corporation - Occidental Petroleum Corporation (NYSE:OXY) is highlighted as an investment opportunity, with a market capitalization of $50.724 billion and a one-month return of 13.31% [2] - The stock closed at $51.43 per share on February 26, 2026, and has gained 5.30% over the past 52 weeks [2] - The company has a strong shareholder base, with Berkshire Hathaway owning over 26% of the stock, and the five largest shareholders owning a combined 51.6% of shares, indicating limited availability for new buyers [3] - The energy sector has underperformed in recent years, and oil prices are currently considered depressed, making Occidental a strategic choice to capitalize on potential rises in oil prices [3]

Billionaire investors had already built exposure. The cost curve is now being rewritten. Shares of Block Inc (NYSE:XYZ) surged roughly 20% premarket after CEO Jack Dorsey announced the company will cut nearly 4,000 employees — about 40% of its workforce — to become "more compact, flat, and AI-focused."The stock, currently up over 17% and trading at around $63.90 per share, entered the week down double digits year to date. Then Dorsey rewrote the operating model.Billionaires Were Already BuyingIn the fourth ...

Etergino said that over the last four years the company reduced annual operating expenses by 18%, or nearly $18 million, excluding one-time gains from the sale of Design Manager, and lowered headcount by more than 30% from its peak. Over that period, he said gross margins increased from 69% in 2022 to 73% in 2025, and Adjusted EBITDA margins improved by approximately 1,900 basis points.Chief Financial Officer Thomas Etergino said fourth-quarter Adjusted EBITDA was $1.3 million, representing a 6% margin and ...

Mott Capital Management, an investment management company, released its Q4 2025 investor letter. A copy of the letter can be downloaded here. Stock markets paused in Q4, with the S&P 500 trading sideways from October to year-end. In 2025, the MCM Thematic Growth Strategy gained 11.98%, underperforming the S&P 500's 17.88%, despite some improvements. The AI boom boosted the S&P 500 in 2025. Concerns for AI and related companies include rising debt and the urgent need for R&D investments in advanced software ...

The share price of Par Pacific Holdings, Inc. (NYSE:PARR) fell by 8.76% between February 18 and February 25, 2026, putting it among the Energy Stocks that Lost the Most This Week. Par Pacific (PARR) Falls Following Q4 Report Par Pacific Holdings, Inc. (NYSE:PARR) is a growth-oriented company that owns and operates market-leading energy and infrastructure businesses in logistically complex markets. Par Pacific Holdings, Inc. (NYSE:PARR) posted mixed results for Q4 2025 on February 24, with its adjusted e ...

Jim Cramer, the host of Mad Money, said Wednesday that he remains confident many software companies can withstand the threat posed by artificial intelligence. Wall Street can overreact better than anyone. Earlier this week, an outfit called Citrini Research put out a paper titled the “2028 Global Intelligence Crisis” that presented our country as a vast wasteland of white-collar unemployables thrown out of pretty much anywhere they previously worked because of what we talk about all the time, AI. This piece ...