Core Insights - Noah Holdings Limited has released its H1 2026 CIO Report, highlighting a significant shift in wealth management strategies due to the evolution of AI from a speculative technology to a critical long-term infrastructure asset class [1][2] Wealth Management Strategy - The report indicates that the focus of wealth management is transitioning from maximizing short-term returns to preserving long-term certainty amid ongoing macroeconomic uncertainties [2] - Noah's CIO Office emphasizes that AI has progressed beyond a "software-only" phase and is now entering a long-term infrastructure-building cycle, with investment value centered on the physical and operational foundations necessary for large-scale AI deployment [2][3] AI Infrastructure and Portfolio Management - AI infrastructure is viewed as a strategic anchor for portfolios, enhancing stability and providing long-duration cash flow characteristics, while not replacing equities or venture capital [3][4] - The report anticipates that rising AI-driven power demand will lead to sustained spending in energy systems and digital infrastructure over the next 10 to 20 years [4] Allocation Framework - A three-layer allocation framework for family portfolios is introduced, focusing on core long-term assets with durable cash flows, liquidity and risk management layers, and legacy structures for intergenerational continuity [9] - The report concludes that effective wealth management is about preserving direction, dignity, and autonomy for families across all market conditions [4] Historical Context - Since 2022, Noah's CIO Office has published ten CIO reports, establishing a consistent framework for navigating global macro shifts, with the latest report continuing the analysis of AI infrastructure as a cornerstone for future asset allocation [5]

Market Overview - The market is at a challenging crossroads in 2026, with stretched valuations causing concerns among investors about the sustainability of the bull market [1] Analyst Background - Gary Alexander has extensive experience covering technology companies on Wall Street and working in Silicon Valley, providing insights into current industry themes [1]

Core Viewpoint - The Vanguard Mega Cap Index Fund ETF (MGC) has achieved a 19% return over the past year, primarily due to its concentrated investments in major technology companies like Apple, NVIDIA, and Microsoft, which are benefiting from the surge in AI infrastructure spending [2][4]. Group 1: Fund Performance - MGC's strategy focuses on mega-cap technology, with nearly 25% of its assets allocated to Apple, NVIDIA, and Microsoft [3][4]. - The fund's performance is closely tied to the ongoing AI infrastructure spending, which is projected to exceed $500 billion by 2026, benefiting its largest holdings [5]. Group 2: Market Dynamics - NVIDIA has reported its eighth consecutive quarterly earnings beat, indicating strong momentum in data center spending [3][5]. - The future performance of MGC will depend on whether AI infrastructure spending continues at its current pace and transitions from infrastructure buildout to revenue generation [5]. Group 3: Risks and Considerations - The concentration of investments in a few top holdings creates a vulnerability for MGC, as any volatility in these stocks can lead to amplified portfolio swings [7]. - Monitoring quarterly earnings calls for forward guidance on AI infrastructure investments is crucial, as any signs of plateauing spending could impact MGC's core thesis [6].

Core Viewpoint - Jabil's shares increased nearly 2% after BofA Securities raised its price target to $280 from $265, maintaining a Buy rating, reflecting increased confidence in the company's growth outlook [1] Group 1: Company Growth Outlook - BofA hosted an investor meeting with Jabil executives and expressed confidence in the company's growth outlook, particularly in the Intelligent Infrastructure business, which is expected to see strong demand for the next 24 to 36 months [1] - Jabil is gaining greater visibility from customers, with purchase orders arriving earlier due to lengthening component lead times [2] Group 2: Revenue Growth Projections - While guidance remained unchanged, BofA is more confident that Jabil could accelerate AI-related revenue growth next year, potentially returning to approximately 50% year-over-year growth, compared to the 35% growth guided for fiscal 2026 [3] - The price objective was raised to $280 based on a 20x multiple applied to calendar 2027 earnings of $13.75 per share, indicating increased confidence in revenue growth and margin expansion [3] Group 3: Strategic Opportunities - Looking towards fiscal 2027, Jabil sees opportunities to partner with networking OEMs as data center architectures evolve towards rack-level systems [2]

*Real-time prices by Nasdaq Last Sale. Real-time quote and/or trade prices are not sourced from all markets. Ownership data provided by LSEG and Estimate data provided by FactSet. IBD, IBD Digital, IBD Live, IBD Weekly, Investor's Business Daily, Leaderboard, MarketDiem, MarketSurge and other marks are trademarks owned by Investor's Business Daily, LLC. ©2026 Investor's Business Daily, LLC. All Rights Reserved. About Us Reviews Site Map Your Ad Choices Advertising Contact us IBD Stock Charts IBD Stock Check ...

Core Insights - MongoDB (MDB) shares have surged 97% over the past six months, closing at $411.19, near its 52-week high of $444.72, significantly outperforming the Zacks Internet-Software industry's decline of 7.4% and the Computer and Technology sector's return of 19.1% [2][9] Performance Metrics - Atlas revenues grew 30% year-over-year in fiscal Q3, accounting for 75% of total revenues, with a consensus estimate for fiscal 2026 Atlas revenues at $1.8 billion, indicating 28% year-over-year growth [7][9] - MDB added 2,600 customers in fiscal Q3, bringing the total to over 62,500, reflecting an 18.8% year-over-year increase [13] Product and Technology Advancements - The Atlas platform supports various workloads, including transactional, full-text search, vector search, and stream processing, allowing enterprises to replace rigid relational databases with a flexible architecture [5] - The acquisition of Voyage AI has embedded advanced AI models into the platform, enhancing the accuracy and efficiency of AI applications while reducing costs [10] Market Position and Ecosystem - MDB is positioned to capture opportunities in AI infrastructure as enterprises transition from pilot projects to production-scale applications, with Atlas offering structural advantages over traditional relational systems [8] - The partner ecosystem continues to expand through integrations with major cloud providers like Amazon, Microsoft, and Alphabet, reinforcing MDB's role in hybrid and multi-cloud architectures [12][14] Valuation Insights - MDB trades at a forward price-to-sales multiple of 11.77x, significantly higher than the industry average of 4.65x and the sector average of 7.47x, supported by steady earnings estimates and a clear growth trajectory [15] - The premium valuation reflects strong execution and usage trends of the Atlas platform, which continues to deepen enterprise penetration and support durable growth characteristics [16] Conclusion - MDB's fundamentals remain robust, with strong adoption of the Atlas platform and alignment with major cloud ecosystems, making the stock attractive at current levels [17][18]

Core Insights - Mobileye (MBLY) is positioned as a significant player in the autonomous driving sector, with strong growth potential due to its technology being utilized by leading OEMs for Advanced Driver Assistance Systems (ADAS) [1] Company Overview - Mobileye's technology is integral to the development of ADAS, indicating its critical role in the future of autonomous driving [1] Market Position - The firm is recognized for its impressive business model and solid potential in the rapidly evolving autonomous driving market [1]

As filed with the Securities and Exchange Commission on January 13, 2026. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 MOVANO INC. (Exact name of registrant as specified in its charter) Delaware 3845 82-4233771 (State or other jurisdiction of (Primary Standard Industrial (I.R.S. Employer incorporation or organization) Classification Code Number) Identification No.) 6800 Koll Center Parkway Pleasanton, CA 94566 (415) ...

Core Viewpoint - Microsoft has introduced a "Community-First AI Infrastructure" plan consisting of five pillars to address local concerns regarding its growing data center presence [1] Group 1 - The plan aims to alleviate community concerns about the environmental and social impacts of data centers [1] - Microsoft is focusing on transparency, collaboration, and investment in local communities as part of this initiative [1] - The announcement is timely, coinciding with increasing scrutiny on tech companies' data center expansions [1]

Core Insights - SuRo Capital experienced a strong performance in 2025, driven by investments in AI and AI infrastructure, positioning the company well for 2026 [2] - The company generated significant liquidity from its portfolio, including distributions of $0.50 per share, reflecting the strength of its holdings and commitment to long-term value creation [2] - A $20.0 million commitment was made to Magnetar Opportunity 2025-4 LP, which is invested in TensorWave, Inc., a company focused on next-generation AI infrastructure [2][5] Investment Portfolio Update - As of December 31, 2025, SuRo Capital held positions in 35 portfolio companies, including 32 privately held and 3 publicly held [3] - Notable transactions during Q4 2025 included a $9.0 million exit from CW Opportunity 2 LP with a realized gain of $6.7 million, and a $3.1 million exit from Forge Global, Inc. with a gain of $1.1 million [3] - The company also recorded a loss of $1.0 million from Rebric, Inc. during the same period [3] Dividend Declarations - SuRo Capital declared a dividend of $0.25 per share on July 3, 2025, paid on July 31, 2025, and another $0.25 per share on November 3, 2025, paid on December 5, 2025 [6] Future Outlook - The company plans to report its fourth quarter and year-end 2025 results during the week of March 9, 2026, but is not providing a NAV range at this time due to ongoing confirmations of portfolio developments [2][11]