Core Viewpoint - REITs are regaining favor as a safe haven investment, showing a year-to-date increase of 6.9% compared to a broader market decline [1] Group 1: Market Dynamics - The turning point for market sentiment occurred in early February, coinciding with a reversal of previously hot trades and a focus on significant capital expenditure (capex) by hyperscalers during earnings season [3] - Major tech companies like Microsoft, Google, and Amazon experienced declines of 5%, 10%, and 18% respectively, contributing to a 4% drop in the Nasdaq and a 2% drop in the S&P in the first two weeks of February [7][8] - Traditional safe havens, including gold and silver, have not performed well, leading investors to consider REITs as a more reliable option [9][11] Group 2: REITs' Fundamental Strength - REITs have demonstrated strong fundamental performance over the past five years, with metrics such as FFO (Funds From Operations) growth and improved margins [13][16] - The median REIT trades at 13.8X FFO, significantly lower than the S&P's 29.3X trailing earnings, indicating a divergence in valuation [21] - REITs currently offer an FFO yield of 7.24%, compared to the S&P's earnings yield of 3.4%, allowing for larger dividend payouts [24] Group 3: Cash Flow Reliability - REITs benefit from contractual revenue streams that can extend up to 30 years, providing visibility into future cash flows and supporting consistent dividend growth [17][19] - A forecast indicates that 36 REITs are expected to increase their dividends in the first quarter of 2026, reflecting their reliable cash flow structure [17] Group 4: Direct Benefits from Tech Capex - Many REITs are positioned to benefit directly from the trillions of dollars being spent on AI infrastructure, with companies like Equinix reporting accelerating growth in AFFO per share due to increased demand for data centers [29] - The demand for infrastructure related to AI is driving significant growth opportunities for REITs, contrasting with the challenges faced by hyperscalers [29] Group 5: Market Correction and Future Outlook - The current market correction is seen as a recalibration of previously inflated tech valuations, with capital shifting towards undervalued sectors like REITs [32][33] - The outperformance of REITs in 2026 is viewed as just the beginning, with expectations for further normalization of relative value as the market adjusts [33]

Core Viewpoint - Palantir Technologies has relocated its headquarters from Colorado to Florida, aiming for a more business-friendly environment [1] Group 1: Company Relocation - Palantir announced the move of its corporate headquarters to Miami, Florida, from Colorado [1] - The new headquarters is located in Aventura, Miami-Dade County, as per a regulatory filing [1] - The company has begun listing job openings based in Miami, including an executive team assistant role [1] Group 2: Business Environment - Experts suggest that Florida's more business-friendly policies are attracting more corporations and billionaires to the state [1]

Core Viewpoint - Fastly is experiencing a shift towards becoming a key infrastructure provider for AI-driven models, which has positively influenced investor sentiment and market confidence [2][3]. Financial Performance - Fastly reported quarterly revenue of $172.6 million, reflecting a 23% year-over-year increase, with earnings per share significantly exceeding analyst estimates [2]. - The company provided 2026 revenue guidance of $700 million to $720 million, surpassing Wall Street expectations [3]. - Security revenue grew by 32%, driven by products designed to address the challenges posed by AI-driven traffic [3]. Stock Performance - Fastly's stock is currently trading 2.7% below its 20-day simple moving average (SMA) and 4.1% below its 100-day SMA, indicating short-term weakness [4]. - Over the past 12 months, Fastly shares have increased by 118.60%, positioning them closer to their 52-week highs than lows [4]. - At the time of publication, Fastly shares were down 4.00% at $17.53, near their 52-week high of $19.14 [6]. Technical Indicators - The Relative Strength Index (RSI) is at a neutral level, suggesting the stock is neither overbought nor oversold [5]. - The Moving Average Convergence Divergence (MACD) is below its signal line, indicating bearish pressure on the stock [5]. Analyst Ratings and Price Targets - The stock carries a Hold Rating with an average price target of $10.91 [6]. - Recent analyst actions include Citigroup raising its target to $13.00, RBC Capital to $12.00, and Piper Sandler to $14.00, all maintaining a neutral stance [7].

RADNOR, Pa., Feb. 17, 2026 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP informs investors that the firm has filed a securities fraud class action lawsuit against Oracle Corporation (NYSE: ORCL) (“Oracle” or the “Company”) on behalf of investors who purchased or acquired Oracle common stock between June 12, 2025, and December 16, 2025, inclusive (the “Class Period”). This action, captioned Barrows v. Oracle Corporation, et al., Case No. 1:26-cv-00127-JLH, was filed on February 3, 20 ...

Anthropic is leading the charge in user development of autonomous agentic systems, and its Tuesday debut of Claude Sonnet 4.6 delivered another blow to software companies. Anthropic's Sonnet 4.6 followed hot on the heels of the Claude Opus 4.6 release, creating a one-two punch that has left traditional software stocks reeling. MSFT stock is moving. See the chart and price action here. Software investors fear cannibalization: the concern that advanced AI agents, like Anthropic’s latest models, are rendering ...

Core Insights - Palantir Technologies has experienced significant growth, with Q4 revenue increasing 70% year-over-year (YOY) to $1.4 billion, driven primarily by its U.S. business which accounted for 77% of total revenue and grew 93% YOY [2] - The company has diversified its revenue streams, with commercial revenue rising 82% YOY to $677 million, while government revenue increased 60% YOY to $730 million, indicating a successful expansion beyond government contracts [2] - Palantir's total contract value (TCV) reached a record $4.3 billion in the quarter, with remaining deal value for the year increasing 105% YOY to $11.2 billion, showcasing strong demand for its services [5] Financial Performance - The company's "Rule of 40" score, a metric combining growth and profitability, reached 127%, reflecting a balance between rapid expansion and strong profitability [1] - For the full year, revenue grew 56% to $4.475 billion, with adjusted free cash flow of $2.27 billion and a cash position of $7.2 billion at the end of the quarter [5] - Analysts project earnings to increase by 76% in 2026 and another 39% in 2027, indicating strong future growth potential [7] Strategic Initiatives - Palantir is applying lessons from commercial supply chains to enhance national security, as evidenced by a $448 million contract from the U.S. Navy to modernize shipbuilding supply chains [1] - The company is focusing on organic growth through direct customer connections rather than acquisitions, which is expected to drive continued momentum in the coming years [6] - The average target price for Palantir shares is $200.43, suggesting a potential upside of 51% from current levels, with a Street-high estimate of $260 indicating a possible 95% upside [7]

Core Insights - Palantir has relocated its headquarters from Denver to Miami, joining a trend of tech companies moving to South Florida, which is increasingly viewed as a new Silicon Valley [1][3] - The migration of tech firms is driven by factors such as lower taxes, favorable weather, and safer neighborhoods [1][3] Group 1: Company Movement - Palantir was founded in Palo Alto, California, in 2003 and moved to Denver in 2020 before its recent relocation to Miami [3] - The company did not disclose specific reasons for the move [3] Group 2: Industry Trends - There is a notable influx of tech giants to Florida from traditional business hubs like New York and California [1][3] - Former Miami Mayor Francis Suarez has expressed enthusiasm for this trend, calling it a "watershed moment for Miami" [3] Group 3: Support for Relocation - Billionaires Ken Griffin and Stephen Ross have initiated a $10 million campaign to attract business leaders to South Florida, emphasizing the region's potential for growth [4][5] - The campaign includes national advertisements and a concierge program to assist executives with relocation and regulatory navigation [5] Group 4: Other Companies Expanding in Florida - Apple has opened a new campus in Miami, and ServiceNow plans to establish an office in West Palm Beach [6] - Amazon has signed a significant office lease in Miami's Wynwood neighborhood [6] Group 5: Key Figures in the Move - Peter Thiel, Palantir's chairman and co-founder, has increased his investments in South Florida, including opening a new office for Thiel Capital [7] - Ken Griffin, who moved from Chicago to Miami, has been vocal about the advantages of relocating to South Florida, citing safety concerns in his previous city [8]

Core Insights - Terry Smith, known as the "English Warren Buffett," has reduced his stake in Alphabet by over 44%, selling approximately 2.8 million shares in Q4 2025 amid market volatility [1] - Alphabet's Q4 2025 revenue rose 18% to $113.8 billion, with net income increasing 30% to $34.5 billion, and Google Cloud revenue surged 48% to $17.7 billion driven by AI infrastructure demand [1] - Despite strong earnings, Alphabet's stock dropped 11% following guidance for 2026 capital expenditures of $175 billion to $185 billion, nearly double the previous year, raising concerns about rising costs and margin pressure [1] Company Performance - Alphabet's revenue growth in Q4 2025 was 18%, reaching $113.8 billion, while net income increased by 30% to $34.5 billion [1] - Google Cloud revenue saw a significant increase of 48%, amounting to $17.7 billion, attributed to heightened demand for AI infrastructure [1] - The company's annual revenues exceeded $400 billion for the first time, with YouTube generating over $60 billion in ads and subscriptions [1] Market Reaction - Following a strong performance in 2025, where Alphabet shares gained 66%, the stock faced a downturn after the announcement of AI-related plugins by Anthropic, leading to a broader sell-off in SaaS stocks [1] - Alphabet's stock price fell approximately 11% in the two weeks after reaching an all-time high of $349 per share, trading around $298 per share by mid-February 2026 [1] - Analysts project a 14% revenue growth for Alphabet in 2026, with the stock trading at 30 times forward earnings, which is considered reasonable for its scale [1] Investment Strategy - Investors are advised to consider their own investment strategies rather than blindly following high-profile investors like Terry Smith, as individual strategies and time horizons may differ [1] - Given Alphabet's strong Q4 performance and growth trajectory in AI, the recent stock pullback may be viewed as an overreaction, suggesting that holding or viewing the dip as a potential entry point for long-term appreciation could be beneficial [1]

Quick Read Alphabet (GOOG, GOOGL) Q4 revenue rose 18% to $113.8B. Net income increased 30% to $34.5B. Google Cloud revenue surged 48% to $17.7B driven by AI infrastructure demand. Alphabet stock dropped 11% following 2026 capex guidance ranging from $175B to $185B. A recent study identified one single habit that doubled Americans’ retirement savings and moved retirement from dream, to reality. Read more here. Terry Smith, the founder and CEO of Fundsmith, is often dubbed the "English Warren Buffe ...

There’s no doubt that in 2026, the worst-performing sector in the stock market is the software sector. Investors have sold off virtually all software stocks on rising fears that AI will unseat long-established subscriptions.With combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on See ...