Company Overview - Linde plc (NASDAQ:LIN) is a leading provider of industrial gases and has a market capitalization of $238.33 billion [2]. - The stock closed at $508.27 per share on February 25, 2026, with a one-month return of 11.71% and a 52-week gain of 10.43% [2]. Performance Analysis - The Aristotle Growth Equity Fund sold its position in Linde plc due to a prolonged trend of negative base volumes attributed to soft industrial activity in Europe [3]. - The fund noted that Linde's high exposure to North American industrial markets poses increased risks if the U.S. economy experiences a prolonged slowdown [3]. Investment Sentiment - Linde plc is not among the 30 Most Popular Stocks Among Hedge Funds, although 89 hedge fund portfolios held the stock at the end of Q4 2025, an increase from 76 in the previous quarter [3]. - The fund believes that certain AI stocks present greater upside potential and carry less downside risk compared to Linde plc [3].

Core Viewpoint - Arthur Hayes, Chief of Maelstrom Investment, predicts an impending financial crisis driven by AI, which he believes will lead to significant job losses among U.S. knowledge workers and ultimately push Bitcoin to new record highs [5]. Group 1: Market Outlook - Hayes suggests that Bitcoin may face short-term challenges, potentially consolidating or dropping below $60,000 as market conditions worsen [1]. - The equity market is showing signs of this shift, with declines in software-as-a-service stocks and the SPDR Consumer Discretionary ETF, while discount retailers like Walmart are seeing stock increases [1]. - Bitcoin's recent divergence from the Nasdaq 100 is viewed as a warning signal of a liquidity crunch, as the asset has historically been sensitive to liquidity changes [3]. Group 2: Economic Impact of AI - An analysis by Hayes estimates that AI could render 20% of the U.S.'s 72.1 million knowledge workers jobless, leading to $557 billion in credit and mortgage losses and a 13% equity drawdown for the banking industry, which he compares to the 2008 Financial Crisis [4]. - The crisis triggered by AI is expected to compel the Federal Reserve to engage in massive quantitative easing, which could be beneficial for perceived risk assets like Bitcoin [5]. Group 3: Current Bitcoin Status - Bitcoin is currently trading just below $65,000 and has experienced a 26% decline so far this year [6].

Dow Jones Futures Rise; Nvidia Climbs In Buy Zone After Strong Earnings, Guidance | Investor's Business DailyBREAKING: [Dow Futures Rise After Strong Nvidia Earnings]---Dow Jones futures rose slightly early Thursday, along with S&P 500 futures. Nasdaq futures were little changed. Nvidia (NVDA) climbed slightly after the AI giant reported accelerating earnings growth and bullish guidance. FTAI Aviation (FTAI), Salesforce.com (CRM), Snowflake (SNOW) and Sterling Construction (STRL) were among the many notable ...

Amid the military build-up by the U.S. in the Middle East, the third round of nuclear talks between the United States and Iran in Geneva is watched by investors on Thursday.In the Corporate sector, fears of AI airbubble was quashed by optimism created by Nvidia's surged in earnings supported by revenue growth. The AI bellwether Nvidia posted record fourth quarter earnings of $42.960 billion, or $1.76 per share compared to $22.091 billion, or $0.89 per share, last year. Revenue was $68.12 billion, led by a ...

Vipshop (NYSE:VIPS) Q4 2025 Earnings call February 26, 2026 07:00 AM ET Company ParticipantsEric Ya Shen - Co-founder, Chairman, and CEOJessie Zheng - Head of Investor RelationsMark Wang - CFOConference Call ParticipantsAlicia Yap - Managing Director and Senior Equity AnalystRonald Keung - Equity Research AnalystOperatorLadies and gentlemen, good day, everyone, welcome to Vipshop Holdings Limited 4th Quarter and Full Year 2025 Earnings Conference Call. At this time, I would like to turn the call to Ms. Jess ...

Rimouski, Québec--(Newsfile Corp. - February 26, 2026) - Puma Exploration Inc. (TSXV: PUMA) (OTCQB: PUMXF) ("Puma" or the "Company") is pleased to provide an overview of its planned, fully-funded, 2026 Exploration Program at its McKenzie Gold Project in Northern New Brunswick and outline its corporate objectives for the year. The primary objective of the 2026 Exploration Program at McKenzie is designed to expand the RIM and Grog Gold Zones, better define the structural controls on gold mineralization, and ...

Nvidia ‌rose 1.2% in ⁠premarket trading ⁠after the chipmaker posted better-than-expected results for the January quarter and forecast current-quarter revenue above market estimates."The needle has clearly shifted when it ​comes to what its going to take to convince investors that the billions being poured into AI infrastructure will pay off," ​said Raffi Boyadjian, lead market analyst at Trading Point."Markets are now moving into a phase where they want to see tangible results of AI monetization before pus ...

AI冲破旧序，洞开新局，深刻影响着每一个时代同频者：谷歌、微软、IBM、甲骨文，这些顺潮水而行的科技公司，悄然将AI融入核心业务，加速面向智能 时代转身。 在中国，也有一家穿越周期的企业，默默深耕技术，在算力芯片、云、大模型、AI应用、无人驾驶等领域全面开花。走远路，见微光，抢先拿到通往 AI时 代的新船票，它就是「百度」。 百度是中国最早躬身AI的科技公司之一，在最新财报中我们看到，各个业务线的AI含量都在飙升。数据显示，百度2025年总营收达1291亿元，AI业务营收 达400亿元；四季度，百度总营收327亿元，AI业务收入占百度一般性业务收入的43%，超出市场预期。 这意味着，百度全栈AI能力驱动的"技术-商业"闭环被验证，AI不再是噱头，而是切实的新质生产力，在多个业务中开始产生真实收入。 值得注意的是，这些收入主要来自企业和用户为实际效果付费，而非短期流量或补贴。 百度AI正从"成本中心"向"利润中心"转化，兑现全栈AI公司的价值逻辑，成为互联网巨头AI转型的典型样本。 读懂百度AI的增长逻辑 科技产业的投入往往漫长，只有耐得住寂寞，才能抵达爆发的临界点。英伟达、Google们无一不是如此，以技术投 ...

ASML Holding N.V. (NASDAQ:ASML) is pushing the limits of chipmaking technology, unveiling a breakthrough that could sharply increase semiconductor output and reinforce its dominance in the global extreme ultraviolet (EUV) market. EUV Power Breakthrough Could Lift Chip Output 50% ASML’s researchers say they have developed a way to significantly increase the power of a critical light source inside its extreme ultraviolet (EUV) chipmaking machines. This move could lift chip output by as much as 50% by the e ...

Financial Data and Key Metrics Changes - Total net revenues for Q4 2025 were RMB 32.5 billion, a decrease from RMB 33.2 billion in the prior year period, representing a year-over-year decline of 2.1% [14] - Gross profit for Q4 2025 was RMB 7.4 billion, down from RMB 7.6 billion in the prior year, with a gross margin of 22.9%, slightly lower than 23.0% in the previous year [14] - For the full year 2025, total net revenues were RMB 105.9 billion, compared to RMB 108.4 billion in the prior year, indicating a decline of 2.3% [18] - Net income attributable to Vipshop shareholders increased by 5.8% year-over-year to RMB 2.6 billion in Q4 2025, with a net margin of 8.0%, up from 7.4% in the prior year [17] Business Line Data and Key Metrics Changes - The Made for Vipshop line saw sales growth of over 40%, accounting for 5% of online apparel sales in 2025 [6] - Active Super VIP (SVIP) members grew by 11% to 9.8 million, contributing 52% of online spending [8] Market Data and Key Metrics Changes - The company experienced a deceleration in December sales due to weak winter apparel demand and delayed holiday shopping caused by a later Spring Festival [4] - Consumer activity showed signs of recovery in early 2026, driven by New Year shopping, with expectations of 0% to 5% revenue growth for Q1 2026 [25][21] Company Strategy and Development Direction - The company implemented a strategic reorganization of merchandising and customer engagement teams to enhance agility and long-term competitiveness [5] - Focus on building a stronger portfolio of branded products and enhancing customer relevance through data-driven insights [6] - The company aims to deepen its offline presence through the expansion of Shan Shan outlets, which have proven to be a stable revenue stream [34] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in delivering sustainable profitability growth in 2026 and beyond, despite a dynamic macro environment [11] - The company remains focused on high-quality growth and expects to stabilize margins while making efforts to outperform in terms of margins for 2026 [26] Other Important Information - The company returned a total of $944 million to shareholders through dividends and share repurchases in 2025, with plans to maintain this momentum in 2026 [13] - Cash and cash equivalents as of December 31, 2025, were RMB 24.1 billion, with short-term investments of RMB 5.8 billion [18] Q&A Session Summary Question: Impact of late Spring Festival on business performance and recovery signs - Management noted that Q4 sales were impacted by warm weather and a late Spring Festival, but consumer activity has picked up in early 2026, supporting guidance for revenue growth [25] Question: Margin outlook for 2026 - Management expects margins to stabilize and aims to outperform in terms of margins for 2026, focusing on sustainable, profitable growth [26] Question: User growth expectations for 2026 and demand for apparel versus non-apparel - Management aims to regrow customer numbers in 2026, with a focus on providing value across categories to drive repeat business [31] Question: Resilience of the business model against e-commerce trends and offline growth - Management believes the off-price model will remain competitive and is expanding the offline business through Shan Shan outlets, which are performing well [34]