NASHVILLE, Tenn., Dec. 15, 2025 /PRNewswire/ -- AllianceBernstein Holding L.P. (NYSE: AB) and AllianceBernstein L.P. ("AB"), a leading global investment management firm, announced today the launch of AB US Equity ETF (NYSE: XCHG), an actively managed exchange-traded fund (ETF) on the New York Stock Exchange. Global trading firm Jane Street is the Lead Market Maker for the Fund. "XCHG, the latest addition to our expanding suite of active ETFs, was developed in collaboration with our Bernstein Private Wealth ...

Core Insights - Roblox Corporation (RBLX) shares have decreased by 15.5% over the last 21 trading days due to widening losses, ongoing margin pressure, and legal challenges, particularly a lawsuit from the Texas Attorney General regarding child safety on the platform [2] - Despite the recent decline, RBLX stock is considered overvalued, with a history of modest recovery following declines, indicating potential risk [2] - The stock has performed significantly worse than the S&P 500 during economic downturns, raising concerns about its downturn resilience [2] Company Overview - Roblox offers an online entertainment platform that provides free tools for developers to create, publish, and manage 3D experiences, reaching customers globally [4] - The company is valued at $74 billion with $4.5 billion in revenue, currently trading at $106.84 [5] - Revenue growth over the last 12 months is 32.7%, with an operating margin of -25.0% [5] Financial Metrics - RBLX has a Debt to Equity ratio of 0.02 and a Cash to Assets ratio of 0.33, indicating strong liquidity [5] - The stock is trading at a P/E multiple of -76.9 and a P/EBIT multiple of -80.2, suggesting it is currently overvalued [5] - The stock experienced a peak-to-trough decline of 82.8% from $134.72 on November 19, 2021, to $23.19 on May 10, 2022, compared to a 25.4% decline for the S&P 500 [6] Performance Analysis - After the significant decline, RBLX fully recovered to its pre-crisis peak by July 31, 2025, and reached a peak of $141.56 on September 29, 2025, before trading at $106.84 [6] - The stock has delivered a median return of 4.9% within a year after sharp declines since 2010 [5] - Evaluating RBLX's performance against the Trefis High Quality Portfolio, which has consistently outperformed its benchmark, highlights the potential risks associated with investing in RBLX [7]

Core Viewpoint - Adobe (ADBE) stock is currently trading within a support range of $320.60 to $354.34, where it has historically rebounded, making it a potential buying opportunity [1][4]. Company Performance - Over the past decade, Adobe stock has attracted buying interest at the current support level seven times, achieving an average peak return of 40.2% following these rebounds [3]. - Year-to-date, Adobe's stock has fallen approximately 23%, primarily due to increased competition from AI-powered creative tools and concerns over high subscription fees amid rising alternatives [4]. - Adobe has demonstrated revenue growth of 10.7% over the last twelve months (LTM) and an average of 10.5% over the past three years [8]. - The company has a free cash flow margin of approximately 41.4% and an operating margin of 36.2% LTM [8]. - The lowest annual revenue growth for Adobe in the last three years was recorded at 9.9% [8]. - The stock is currently trading at a price-to-earnings (PE) multiple of 20.5 [8]. Market Context - Adobe is not immune to significant market sell-offs, having experienced declines of 72% during the Dot-Com crash, 67% during the Global Financial Crisis, and 60% amid the 2022 inflation shock [9]. - The stock has also faced declines exceeding 25% during milder disturbances such as the 2018 market fluctuations and the COVID-19 pandemic [9]. - It is noted that stocks can decline even in favorable market conditions due to factors like earnings announcements and business updates [10].

Group 1: Company Overview - Advanced Micro Devices (AMD) is a $421 billion company with $30 billion in revenue, currently trading at $259.67 [7] - AMD develops x86 microprocessors, accelerated processing units, chipsets, discrete and integrated GPUs, and data center GPUs across various sectors [5] Group 2: Stock Performance - AMD's stock has risen by 62.8% over 21 trading days, driven by a major deal with OpenAI to supply GPU chips for 6 gigawatts of computing capacity over the next five years [1] - The stock experienced a decline of 65.4% from a peak of $161.91 on November 29, 2021, to $55.94 on October 14, 2022, compared to a 25.4% drop for the S&P 500 [8] - AMD's stock fully recovered to its pre-Crisis peak by January 18, 2024, and reached a high of $259.67 on October 27, 2025 [8] Group 3: Financial Metrics - Revenue growth over the last 12 months has been 27.2%, with an operating margin of 8.3% [7] - AMD's stock is currently trading at a P/E multiple of 148.7 and a P/EBIT multiple of 170.1 [7] - The company has a Debt to Equity ratio of 0.01 and a Cash to Assets ratio of 0.08 [7] Group 4: Market Context - The stock has historically returned a median of 17.4% within a year following significant declines since 2010 [7] - AMD's stock performance has been worse than the S&P 500 during various economic downturns, raising concerns about its downturn resilience [3][9]

Core Insights - Tesla's stock experienced a 31.9% change from July 12, 2025, to October 10, 2025, primarily driven by a 37.0% change in the company's P/E multiple [1][2] Factors Behind Stock Change - Tesla's record Q3 2025 vehicle deliveries exceeded analyst expectations, driven by a rush of customers purchasing EVs before the expiration of the $7,500 US federal tax credit on September 30, 2025, which initially boosted stock optimism [6] - CEO Elon Musk's purchase of approximately 2.57 million shares, valued at around $1 billion, enhanced investor confidence in Tesla's long-term vision, particularly regarding AI initiatives and product pipeline [6] - The announcement of cheaper "Standard" versions of the Model Y and Model 3 on October 7, 2025, led to a stock decline as investors anticipated more significant price cuts or new models, raising concerns about potential impacts on higher-priced vehicle sales and margins [6] - Continued advancements in Full Self-Driving technology, including the deployment of FSD version 13 and the upcoming version 14, along with expanding Robotaxi trials, kept investor focus on Tesla's long-term growth potential beyond vehicle sales [6]