About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

STOCKHOLM, Jan. 19, 2026 /PRNewswire/ -- During week 3, 12-16 January 2026, Truecaller AB (publ) (LEI code 549300TEYF1FA5G5GK26) has repurchased in total 616,000 own B shares (ISIN: SE0016787071), corresponding to 0.17% of outstanding capital. In accordance with the applicable regulations for the share buyback, the buybacks were paused after 14th January ahead of the year-end report, which will be published on 17 February 2026. Since the start of the current program Truecaller has bought back 9,260,594 sha ...

Core Viewpoint - The main market experienced a net outflow of 33.352 billion yuan in major funds as of January 16, with significant withdrawals from various sectors [1]. Sector Summary - **Internet Services**: Experienced a decline of 2.97% with a net outflow of 10.411 billion yuan, primarily affected by Guo Wang Xin Tong [2]. - **Software Development**: Saw a decrease of 2.16% and a net outflow of 7.195 billion yuan, with major impact from Ke Da Xun Fei [2]. - **Cultural Media**: Faced a drop of 4.52% and a net outflow of 5.818 billion yuan, influenced by Wan Run Ke Ji [2]. - **Aerospace and Aviation**: Recorded a slight decline of 0.81% with a net outflow of 3.219 billion yuan, affected by Bo Yun Xin Cai [2]. - **Communication Equipment**: Experienced a minor decrease of 0.45% and a net outflow of 2.505 billion yuan, primarily impacted by Tian Fu Tong Xin [2]. - **Communication Services**: Saw a decline of 2.43% with a net outflow of 1.994 billion yuan, influenced by Dong Ruan Zai Bo [2]. - **Gaming**: Experienced a drop of 3.07% with a net outflow of 1.842 billion yuan, primarily affected by Ming Chen Jian Kang [3]. - **Medical Services**: Faced a decline of 2.8% with a net outflow of 1.781 billion yuan, influenced by Yao Ming Kang De [3]. - **Batteries**: Recorded a decrease of 1.03% with a net outflow of 1.668 billion yuan, primarily impacted by En Jie Gu Fen [3]. - **Computer Equipment**: Experienced a decline of 1.3% with a net outflow of 1.591 billion yuan, influenced by Na Si Da [3].

Core Insights - Vonage has launched Vonage Conversations for Agentforce Marketing, integrating messaging channels like SMS, WhatsApp, and RCS into the Salesforce platform, enhancing customer engagement for enterprises [1][6] Group 1: Product Features - The new solution allows users to manage two-way customer conversations from a single interface, utilizing customer data within Salesforce for personalized communications [2] - The integration streamlines workflows, enabling timely messaging and automating interactions with a combination of live agents and AI [2][3] - Vonage's AI-powered APIs automate routine tasks and analyze customer data in real-time, ensuring consistent messaging across channels [3] Group 2: Market Trends - RCS traffic is projected to exceed 200 billion messages globally by 2029, indicating its growing importance in customer engagement [4] - WhatsApp is becoming a dominant platform for business communication, with 57% of consumers using it to engage with businesses, surpassing SMS in EMEA [5] Group 3: Strategic Importance - The integration of rich messaging channels into Agentforce Marketing is designed to meet the high-volume demands of large brands, enhancing customer loyalty and engagement [6] - This launch is part of the Vonage AI Hub, which aims to accelerate digital transformation and enable personalized conversations across customer touchpoints [6]

Core Insights - Publicis Groupe has reported its liquidity contract activities for the second half of 2025, detailing transactions and resources on its liquidity account as of December 31, 2025 [2][7]. Group 1: Liquidity Contract Overview - The liquidity contract with BNP Paribas has been in effect, allowing for the management of share transactions [2][3]. - As of December 31, 2025, the liquidity account held 22,900 shares valued at €17,728,607 [7]. - In the second half of 2025, there were 6,709 buy transactions involving 926,810 shares for a total of €78,066,262, and 7,388 sell transactions involving 940,140 shares for €79,548,580 [7]. Group 2: Historical Comparison - The previous half-year statement on June 30, 2025, indicated a liquidity account with 41,000 shares valued at €15,651,849 [7]. - In the first half of 2025, there were 5,771 buy transactions for 858,989 shares totaling €80,210,909, and 5,599 sell transactions for 869,759 shares totaling €81,615,383 [7]. - The initial activity on September 12, 2022, recorded 95,500 shares valued at €10,076,020 [7]. Group 3: Company Profile - Publicis Groupe is a global leader in communication, involved in marketing transformation and digital business transformation [4]. - The company operates across four main activities: Communication, Media, Data, and Technology, employing around 108,000 professionals in over 100 countries [4].

Core Insights - Truecaller AB has repurchased a total of 2,322,000 B shares during the week of December 15-19, 2025, representing 0.66% of its outstanding capital [1] - Since the initiation of the current buyback program on May 30, 2025, Truecaller has repurchased 6,401,053 shares, which is 1.81% of the outstanding capital [1] - The buyback program is authorized until the Annual General Meeting (AGM) in May 2026, allowing the company to repurchase shares without exceeding 10% of the total outstanding shares [2] Buyback Program Details - The total accumulated buybacks from the current program amount to 6,401,053 shares with a weighted average price of SEK 29.31, totaling SEK 187,646,730 [3][5] - The daily buyback transactions for the week of December 15-19, 2025, included: - December 15: 850,000 shares at SEK 17.44 - December 16: 200,000 shares at SEK 18.72 - December 17: 447,000 shares at SEK 19.16 - December 18: 250,000 shares at SEK 18.82 - December 19: 575,000 shares at SEK 18.68 - The total transaction value for the week was SEK 42,574,235 [3] Current Shareholding - As of December 19, 2025, Truecaller holds 10,346,385 B shares and 5,013,786 C shares, which together account for 4.34% of the outstanding capital [4] - The total number of shares, including Truecaller’s own shares, is now 353,790,721, while the number of outstanding shares, excluding own shares, is 338,430,550 [4] Historical Buyback Summary - Truecaller has conducted multiple buyback programs since October 2022, with a total of 993,500 shares repurchased across various periods, with an average price of SEK 32.59 and a total transaction value of SEK 801,813 [5]

Core Insights - Riverwater Partners' Small Cap Strategy reported solid results for Q3 2025 but lagged behind the benchmark due to the market's preference for lower-quality companies [1] - The strategy focuses on higher-quality companies with strong fundamentals and a clear path to profitability, positioning itself well in a challenging market [1] Company-Specific Insights - Iridium Communications Inc. (NASDAQ:IRDM) had a one-month return of 8.98% but experienced a significant decline of 40.07% over the past 52 weeks, closing at $17.60 per share with a market capitalization of $1.868 billion on December 15, 2025 [2] - Concerns regarding Iridium's growth trajectory and competitive dynamics led to its sale by Riverwater Partners, alongside an increase in the company's leverage ratio, which adds risk as growth slows [3] - Iridium Communications Inc. was held by 34 hedge fund portfolios at the end of Q3 2025, an increase from 33 in the previous quarter, but it is not considered among the 30 most popular stocks among hedge funds [4]

Core Insights - HOPSCOTCH has opened a new agency in Switzerland, marking a significant step in its international expansion strategy [6][13] - The new entity, HOPSCOTCH Switzerland, will leverage the group's comprehensive expertise across various sectors [7][8] - The agency is co-managed by Stéphanie Grizaud and Edouard Neveu, both of whom bring extensive experience in communication and international development [9][12] Company Overview - HOPSCOTCH is an international communications group founded in France, with a focus on relational capital and a diverse range of communication services [14] - The group employs over 1,000 people, with half based internationally across 40 offices on five continents [14] - HOPSCOTCH's 2024 financial performance includes a turnover of €319.1 million and a gross margin of €104.8 million [16]

Market Overview - The U.S. market is experiencing a decline, with nearly two-thirds of issues (63%, 3,498 issues) in decline, particularly affecting the Russell 2000, which is down by 0.61% [2] - Technology sectors, including software, hardware, and communication services, are notably underperforming, contributing to the overall market downturn [3][7] - Despite the declines, financials, consumer defense, and industrials are showing some resilience, although they are outnumbered by declining sectors [3] Housing Market - The NAHB Housing Market Index for December is reported at 39, marking the highest reading in eight months and a modest improvement from last month's 38 [4] - This index indicates four consecutive months of improving conditions in the housing market, driven by current and future sales conditions, each increasing by 1 point [5] - A significant factor in this improvement is the rise in sales incentives, with 67% of homes offering some form of incentive, the highest percentage since the onset of COVID-19 [5]

Core Insights - Alphabet Inc. is a leading global technology conglomerate and the parent company of Google, recognized as one of the "magnificent seven" tech giants in the communication services industry [1] Business Segments - Alphabet operates through three primary segments: Google Services, Cloud, and Other Bets. Google Services includes products like search, YouTube, Gmail, and Android, generating revenue mainly through advertising and subscriptions [2] - The Cloud segment provides AI infrastructure, cybersecurity, and enterprise solutions, while the Other Bets segment focuses on emerging technologies such as healthcare and autonomous vehicles [3] Competitive Landscape - Alphabet faces competition in search and advertising from Microsoft, which offers Bing and Azure services, and in cloud services from Amazon's AWS and Microsoft Azure [3][4] - In the social media and digital content space, Alphabet competes with Meta Platforms, which operates Facebook and Instagram [4] Unique Value Proposition - Alphabet's integration of artificial intelligence across its ecosystem enhances its data capabilities, allowing for personalized services and maintaining a leading position in digital advertising [5] - Proprietary AI technologies, such as Tensor Processing Units (TPUs) and the Gemini AI models, provide a competitive advantage in processing and monetizing AI workloads [5] Recent Financial Performance - For Q3 2025, Alphabet reported earnings and sales revenues exceeding $102 billion, a 16% year-over-year increase, marking the first quarter above $100 billion in sales [7] - Earnings per share (EPS) reached approximately $2.87, beating consensus estimates and growing about 35% year-over-year, driven by operating leverage and investment gains [7] - Search revenue was approximately $87.1 billion, up 14% year-over-year, while cloud revenue climbed to about $15.2 billion, growing in the low 30% range year-over-year [8] AI Advancements - The launch of Gemini 3, described as the most capable AI model to date, is expected to enhance Alphabet's service offerings and drive revenue growth [9] - AI-driven initiatives are anticipated to boost profitability and market share, with AI products contributing to a 34% increase in revenues [10] Future Outlook - Alphabet's TPU technology is expected to become a significant revenue stream as it gains traction among external clients, potentially capturing market share from competitors like Nvidia [11] - Forward revenue estimates suggest a growth rate of around 14%, with EBITDA growth at 21%, indicating robust expansion [11] Profitability Metrics - Alphabet maintains a net income margin of nearly 32%, which is 600 basis points higher than its 5-year average and significantly above the sector median of around 4% [11] Stock Performance - The stock has shown a 12-month performance increase of approximately 70%, outperforming the broader communication services sector and major indices [16] - Recent trading indicates a shallow pullback and consolidation after setting a new 52-week high, with the stock trading above its 50 and 200-day moving averages [17] Summary - Alphabet remains a dominant player in the global tech and AI landscape, with a powerful suite of consumer properties and a rapidly growing enterprise franchise in Google Cloud [18] - The rollout of Gemini 3 and expanded AI infrastructure is expected to deepen Alphabet's capabilities in AI and cloud workloads, benefiting shareholders in the long term [19]