US stock futures slid on Friday as investors digested economic data that showed US economic growth cooling in the fourth quarter, while the Fed's favored inflation gauge heated up to end last year. Wall Street also kept an eye out for US-Iran tensions, private credit jitters, and a potential Supreme Court tariff decision. Contracts on the S&P 500 (ES=F) moved down roughly 0.3%, while Dow Jones Industrial Average futures (YM=F) fell 0.2%, coming off the end of a three-day winning streak on Thursday. Nasdaq ...

Alliant Energy beats quarterly profit estimates on strong power demand | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]- Companies[Alliant Energy Corp]FollowFeb 19 (Reuters) - U.S. utility Alliant Energy [(LNT.O), opens new tab] beat Wall Street estimates for fourth-quarter profit on Thursday, benefiting from robust power demand and strong performance in its electric and gas segments.U.S. electricity use reached record highs last y ...

Shares of Etsy (NYSE: ETSY) climbed on Thursday after the e-commerce platform agreed to sell its secondhand clothing business to eBay (NASDAQ: EBAY). By the close of trading, Etsy's stock price was up more than 9%. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. A mutually beneficial asset sale Under the t ...

Market Overview - US stock indices collectively declined, with the Dow Jones down 0.54%, Nasdaq down 0.31%, and S&P 500 down 0.28%. Major tech stocks mostly fell, including Apple, Netflix, and Intel, which dropped over 1% [4] - International oil prices surged, with WTI crude oil rising 2.49% to $66.67 per barrel, and Brent crude oil increasing 2.25% to $71.93 per barrel [5] - International precious metals futures generally rose, with COMEX gold futures up 0.12% to $5015.50 per ounce, and COMEX silver futures up 1.09% to $78.44 per ounce [6] - European stock indices mostly closed lower, with Germany's DAX down 0.93%, France's CAC40 unchanged, and the UK's FTSE 100 down 0.55% [7] Company News - Nvidia's CEO Jensen Huang announced that the upcoming GTC conference will unveil "unprecedented" new chips, indicating a competitive push in AI infrastructure [16] - Amazon surpassed Walmart to become the highest-grossing company globally, reporting sales of $717 billion for the fiscal year ending December 2025, compared to Walmart's $713.2 billion [21] - Nestlé announced plans to sell its high-end beverage and ice cream businesses, as part of a strategy to focus on four core business areas amid declining sales and profits [23] Industry Developments - The National Development Bank of China issued over 360 billion yuan in loans for highway infrastructure in 2025, marking a 10% increase year-on-year, supporting the country's comprehensive transportation network [17] - Zhongke Shuguang upgraded its SothisAI platform to integrate with major AI models, enhancing its enterprise AI capabilities [18] - An Indian university faced backlash for presenting a Chinese-made robotic dog as a self-developed product, highlighting the competitive landscape in robotics technology [20]

Dropbox (NasdaqGS:DBX) Q4 2025 Earnings call February 19, 2026 05:00 PM ET Company ParticipantsDrew Houston - CEO and Co-FounderMatt Bullock - Equity Research AssociatePeter Stabler - Head of Investor RelationsRishi Jaluria - Managing Director of Software Equity ResearchRoss Tennenbaum - CFOConference Call ParticipantsGeorge Kurosawa - Equity Research AnalystJaiden Patel - Equity Research AnalystOperatorThank you for standing by, and welcome to the Dropbox fourth quarter 2025 earnings conference call. At th ...

Financial Data and Key Metrics Changes - In Q4 2025, total revenue reached $239 million, a 20% year-over-year increase, exceeding guidance by $3 million [28] - Subscription revenue for Q4 was $219 million, up 21% year-over-year [28] - For the full year 2025, total revenue was $885 million, also a 20% increase compared to the previous year [31] - Non-GAAP operating margin for Q4 was 19.1%, beating guidance by 160 basis points [28] - Full-year non-GAAP operating margin was 9.9%, exceeding guidance by 50 basis points [32] Business Line Data and Key Metrics Changes - Subscription revenue growth for the full year 2025 was 22%, driven by both new customers and account expansions [31] - Professional services revenue for Q4 was $20 million, showing slight growth year-over-year [29] - The number of contracts valued over $100K per year increased by 22% year-over-year, indicating strong demand [30] Market Data and Key Metrics Changes - International revenue accounted for 27% of total revenue, up 300 basis points from the previous year [32] - The gross retention rate was 97%, exceeding the target of 96%, while the net retention rate was 113% for Q4 [30] Company Strategy and Development Direction - The company aims to leverage AI capabilities to enhance its platform, focusing on trust and data integrity in an AI-driven environment [8][9] - Workiva is positioning itself as a trusted platform for CFOs, emphasizing the importance of data accuracy and traceability [9] - The company is expanding its leadership team to strengthen its go-to-market strategy and operational efficiency [24][25] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the IPO market in 2026, despite a moderation in Q4 activity [64] - The company anticipates total revenue for Q1 2026 to range from $244 million to $246 million, with a full-year expectation of $1.036 billion to $1.04 billion [35][36] - Management highlighted the importance of operational rigor and efficiency in achieving long-term financial targets [67] Other Important Information - The company has made significant progress towards its 2027 operating margin targets, with a focus on operational efficiency [33] - A new share repurchase program was authorized, reflecting confidence in the company's intrinsic value [34] Q&A Session Summary Question: Role of AI in New Wins - Management noted that AI is a strong topic of conversation in customer discussions, contributing to multi-solution account expansions [40][41] Question: Operational Rigor and Margin Opportunities - Management indicated that there are opportunities for continued progress in operational efficiency across the business, particularly in sales and marketing [44] Question: Insights from New CRO - The new CRO is focusing on building a strong global team, refining sales strategies, and enhancing the partner ecosystem [48][49] Question: NRR and New Customer Contribution - For 2026, the company is modeling a net retention rate of 110%, with a typical split of 40% new customers and 60% from expansions [52] Question: AI Usage and Roadmap - Approximately 30% of customers have enabled AI on the platform, with increasing adoption and positive feedback on new features [56][57] Question: Capital Markets Guidance - Management is optimistic about IPO activity in 2026, incorporating growth expectations into their guidance while acknowledging macroeconomic factors [64][65]

The Trump Administration could face an energy dilemma ahead of the midterm elections. The U.S. energy dominance agenda and booming LNG exports – pillars of the Administration’s policy – are boosting domestic natural gas demand and raising American energy bills. U.S. LNG exports are hitting record highs, and are set to continue setting records in the coming months and years as new plants are being commissioned, built, and approved, with the strong backing of the Trump Administration. However, soaring de ...

Financial Data and Key Metrics Changes - In Q4 2025, revenue was $636 million, a decline of 110 basis points year-over-year, but increased 40 basis points when excluding FormSwift, which was a 150 basis point headwind [23] - Total ARR was $2.526 billion, down 190 basis points year-over-year, and down 30 basis points when excluding FormSwift [24] - Average revenue per paying user (ARPU) increased to $139.68 from $139.07 in the prior quarter, primarily due to FX tailwinds and a shift from annual to monthly plans [24] - Gross margin was 80.8%, down 230 basis points year-over-year, while operating margin was 38.2%, up 130 basis points from the year-ago period [25][26] - Unlevered free cash flow was $251 million, or $0.99 per share, up 44% year-over-year [27] Business Line Data and Key Metrics Changes - The core FSS business showed steady growth across 2025, with improvements in funnel quality, pricing, and retention drivers [6] - The individuals business demonstrated growth, indicating that focused innovation can lead to better retention and growth [6] - The introduction of Dash capabilities within Teams plans has shown promising early engagement, with over half of active users returning multiple days per week [9] Market Data and Key Metrics Changes - The company exited Q4 with 18.08 million paying users, a sequential increase of approximately 10,000 users, driven by momentum in the simple plan [24] - The company expects modestly negative net new paying users in Q1 2026, largely due to seasonality and FormSwift headwinds, with flat growth anticipated for the remainder of the year [32] Company Strategy and Development Direction - The company aims to restore revenue growth while focusing on efficiency and improving the core business [4][15] - The strategy includes scaling Dash as a standalone product and integrating AI capabilities into the core FSS offering [10][19] - M&A is viewed as a potential growth lever, with a focus on strategic acquisitions that can expand the product portfolio and contribute to incremental ARR [19][82] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the direction of the company, emphasizing the importance of execution and scaling successful initiatives [13][22] - The leadership changes made in late 2024 and early 2025 are expected to drive sustained improvements in retention and growth [17][70] - The company acknowledges the competitive nature of the FSS market but believes there are opportunities for growth through innovation and improved customer experiences [15][17] Other Important Information - The company repurchased approximately 14 million shares in Q4, spending about $415 million, with $1.17 billion remaining under the share repurchase authorization [29] - The company executed subleases in its real estate portfolio, expecting to generate approximately $97 million in total future cash payments [28] Q&A Session Questions and Answers Question: Can you provide quantitative metrics around Dash? - The company is focused on product quality and engagement before scaling up adoption and monetization, with specific metrics to be shared in the future as progress is made [39][41] Question: What metrics can you provide around engagement with Dash? - Early results show good adoption and engagement from core users, with plans to accelerate the rollout of Dash to more users this year [51][52] Question: What drove improvements in retention? - Improvements in retention are attributed to new leadership and enhancements across the customer journey, including better communication of value and product experience [70][71] Question: What are the assumptions for paying user growth in the guidance? - The company expects some seasonality in Q1, with a flat year-over-year growth in net new paying users for the full year, reflecting improvements in retention and customer journey [79]

The trucking and logistics sector hit hard last week on AI disruption fears. Names like RXO, JB Hunt, CH Robinson, and Expediters, all sinking after a new AI platform promised to cut freight inefficiencies and scale without adding staff. So, is this really a technology a threat to the traditional model or a market overreaction.Joining me now is Drew Wilkerson. He is chairman and CEO of RXO. RXO dropped more than 20% last week.The stock has since recovered some ground, but it remains below those pre-elloff l ...

Welcome back to Market on Close. I'm Marley Caden in Chicago alongside Sambatis at the New York Stock Exchange. Some final thoughts on today's session.For me, the US trade deficit came out totaling $91.5% billion for 2025. That was only slightly narrower than the 93.5% billion the year before. Despite our ongoing tariffs, exports rose 6.2% to 3.43% trillion, but imports climbed to 4.33% trillion, pushing the goods deficit.That's the piece that's most impacted by tariff policy to a record $1.24% trillion. De ...