TEL AVIV, Israel--(BUSINESS WIRE)--Similarweb Ltd. (NYSE: SMWB) ("Similarweb" or the "Company"), a leading digital data and analytics company powering critical business decisions, today announced financial results for its fourth quarter and full year ended December 31, 2025. The Company published a letter to shareholders from management discussing these results, which can be accessed at the link: https://ir.similarweb.com/financials/quarterly-results, located on the Company's investor relations. ...

Core Insights - S&P Global Energy and Verisk have announced a collaboration to provide climate catastrophe exposure data and insights for the financial and insurance sectors, aiming to quantify the financial impacts of climate and natural catastrophe events [1][2] - This partnership addresses the urgent need for robust risk analytics in light of recent record-setting losses from natural hazards, creating a new industry benchmark for climate risk intelligence [1] Industry Applications - **Real Estate**: The collaboration offers insights and modeling capabilities to understand insured and uninsured risks, helping identify growth opportunities [1] - **Asset Management**: It enhances climate and physical hazards risk analysis with decision-grade data, allowing asset managers to mitigate climate-driven risks across real estate holdings [1] - **Finance**: The partnership meets rising regulatory and investor expectations for climate-risk disclosure, providing actionable insights for effective risk-mitigation and lending strategies [1] - **Insurance**: It reduces uncertainty in underwriting future climate-related flood exposure, enabling banks and insurers to enhance portfolio stress testing and optimize capital allocation [1] Data Integration and Innovation - Verisk's climate catastrophe risk data will be integrated into S&P Global Sustainable1's climate risk platform, allowing for the assessment of insured versus uninsured losses due to climate change [1] - The collaboration will also incorporate climate-adjusted inland flood data with Verisk's event simulations to model future climate events through 2050, providing a cutting-edge dataset for insurers [1] - The combined risk intelligence metrics will empower clients to quantify, disclose, and manage exposure to financial impacts from physical hazards and climate risk [1]

Core Viewpoint - Palantir Technologies (PLTR) is experiencing significant momentum in the artificial intelligence sector, but Michael Burry's critique raises concerns about its valuation relative to business fundamentals [1][2][3]. Group 1: Michael Burry's Critique - Burry's analysis titled "Palantir's New Clothes: Foundry, AIP & the Failure of Reason" is drawing attention to the discrepancies in Palantir's valuation and its underlying business performance [2]. - He emphasizes that his critique is not personal, indicating a focus on the company's financials rather than its leadership style [3]. - Burry warns investors that the AI narrative surrounding Palantir may be obscuring a proper valuation assessment [4]. Group 2: Valuation Estimates - Burry suggests a "fair value" estimate of $46 per share for Palantir, based on an analysis of its fundamentals, which he claims have significantly declined since its peak in 2024 and 2025 [5][6]. - He presents a range of valuation scenarios from $21 to $146, clarifying that these are not conventional Wall Street price targets [7]. - Although Burry is not shorting Palantir outright, he holds put options, indicating a bearish stance on the stock [7]. Group 3: Company Culture and Leadership - Burry critiques Palantir's culture and leadership, arguing that the stock's performance is driven more by the leadership's aura than by fundamental financial metrics [8]. - He references Michael Steinberger's book, highlighting internal tensions within the company as expressed by CEO Alex Karp [9].

Core Insights - Teradata's share price has recently surged due to emerging AI tailwinds, reflecting significant investment in the infrastructure layer [1] - Narweena, an asset manager, focuses on identifying market dislocations caused by misunderstandings of long-term business prospects, aiming for excess risk-adjusted returns through secular growth opportunities [1] Company Analysis - Narweena's research emphasizes company and industry fundamentals to uncover unique insights, with a high risk appetite and long-term investment horizon [1] - The firm targets deeply undervalued stocks, particularly in smaller cap markets where competitive advantages are not immediately apparent [1] Industry Trends - An aging population with low growth and stagnating productivity is expected to create new investment opportunities, contrasting with past trends [1] - Many industries may face stagnation or secular decline, which could paradoxically enhance business performance due to reduced competition [1] - The economy is increasingly influenced by asset-light businesses, leading to a declining need for infrastructure investments over time [1] - A large pool of capital is pursuing a limited set of investment opportunities, resulting in rising asset prices and compressed risk premia [1]

Market Overview - Wall Street is experiencing significant disruption concerns due to AI, leading to a sell-off in various sectors, particularly software companies, which has resulted in sharp losses in U.S. stocks this week [1][2]. Software Sector - The S&P 500 Software & Services index has lost approximately $2 trillion in value since its peak in October, with half of this loss occurring in the past two weeks due to fears that AI could disrupt traditional subscription and enterprise tools [2]. - Notable declines in the Nasdaq 100 include Atlassian down 47%, Intuit down 40%, and Workday down 33% [4]. - The U.S. software sector is facing its worst drawdown in over three years, impacting alternative asset managers with exposure to software-related loans, with firms like Ares, Blackstone, and KKR seeing declines between 13% and 24% this year [5]. Financial Brokerage, Data Analytics & Legal Services - The financial industry, especially brokerages and data analytics firms, has been negatively affected after Altruist introduced AI-enabled tax planning features, raising fears about the viability of their business models [6]. - Shares of brokers such as LPL Financial and Charles Schwab fell over 7%, while S&P Global's shares dropped more than 25% in February, marking its worst month since 2009 [7]. Real Estate Services - Commercial real estate and investment managers have suffered as investors shift away from high-fee, labor-intensive business models perceived as vulnerable to AI disruption, with CBRE Group and Jones Lang LaSalle each dropping about 12% [8]. Insurance Sector - Insurance stocks have experienced a significant decline, with the S&P 500 insurance index falling 3.9% on a single day, its largest drop since mid-October, following the release of an AI-powered comparison tool by Insurify [10]. - Shares of Willis Towers Watson have decreased by 15% this week, while Aon and Arthur J. Gallagher fell by 9% and 15%, respectively [11]. Trucking & Logistics - The trucking and logistics sector saw unexpected declines, with stocks like Landstar System and C.H. Robinson dropping sharply after Algorhythm Holdings reported a significant increase in freight volumes without a corresponding rise in operational headcount [13].

Core Viewpoint - Palantir's stock has dropped 25.5% over the past month despite reporting a 70% total revenue growth and a 137% increase in U.S. commercial revenues, raising concerns about its high valuation and sustainability [1]. Revenue Growth - Palantir reported a total revenue growth of 70% and a 137% increase in U.S. commercial revenue for Q4 2025 [1]. Valuation Concerns - The company's stock trades at a P/E ratio exceeding 200 and a price-to-sales ratio of 68.77, leading to concerns about its valuation [1]. - UBS has reduced its price target for Palantir from $205 to $180 while maintaining a Neutral rating, citing caution on valuation despite acknowledging the company's strong performance [1]. Investor Sentiment - Retail investor sentiment has shifted from bullish to bearish, with notable discussions on Reddit highlighting concerns about insider selling, political risks, and extreme valuation multiples [1]. - Multiple executives sold shares during the stock's decline, with no insider purchases to indicate confidence at lower prices [1]. Political and Budget Risks - Investors are worried that shifting government spending priorities could threaten Palantir's 66% growth in U.S. government revenues, which heavily depend on Department of Defense contracts [1]. Technical Analysis - Palantir's technical chart shows an RSI of 31.35, indicating it is approaching oversold territory, yet analysts maintain a consensus price target of $176.38, suggesting a potential upside of 32.46% [1]. - The wide range of forecasts for Palantir's fair value, from $50 to $260, reflects significant disagreement among analysts [1]. Comparison with Peers - Snowflake, a peer in data analytics, trades at more modest multiples despite having a similar AI positioning, emphasizing Palantir's premium valuation [1].

Core Viewpoint - Palantir's stock is considered overvalued despite strong revenue growth and profitability improvements, leading to a cautious investment stance [2][4][12] Financial Performance - Palantir reported a 70% year-over-year increase in revenue for the fourth quarter, with accelerating growth rates of 39%, 48%, 63%, and 70% across the four quarters of 2025 [2][5] - The company's net income rose over 250% year-over-year to $1.625 billion in 2025, indicating significant profitability improvements [6] Valuation Concerns - The stock's price-to-earnings ratio exceeds 200, suggesting that it is priced for continued strong growth, which may not be sustainable [7][10] - Palantir's market capitalization is over $306 billion, while trailing-12-month sales and net income are approximately $4.5 billion and $1.6 billion, respectively, highlighting a significant valuation gap [7][8] Growth Indicators - The forward price-to-earnings ratio is about 110, indicating that the stock remains expensive even based on analysts' consensus earnings-per-share forecasts [9] - The total contract value (TCV) growth rate has shown signs of deceleration, with Q4 closed TCV at $4.3 billion, up 138% year-over-year, down from 151% growth in Q3 [10][11] Overall Assessment - While Palantir's business is performing well, the current stock price may not justify the potential risks associated with future growth deceleration [12]

Market Overview - Markets experienced a decline, with the S&P 500 falling 1.57% to 6,832.76, the Nasdaq Composite dropping 2.03% to 22,597.15, and the Dow Jones Industrial Average losing 1.34% to 49,451.98 [1] Market Movers - Cisco Systems saw a significant drop of 12.32% to $75.00 due to disappointing forward revenue guidance [2] - Palantir Technologies fell following a bearish prediction from investor Michael Burry [2] - C.H. Robinson tumbled 14.54% amid fears of AI replacement impacting the supply chain and logistics sector [3] Sector Impact - The ongoing concerns regarding AI are affecting various sectors, including commercial real estate, with CBRE Group experiencing declines due to fears of AI disruption [4] - Algorhythm Holdings announced that its AI tool could significantly scale freight volumes, leading to a sell-off in transport and logistics firms like C.H. Robinson, Universal Logistics, and RXO [5] Winners in AI Context - Despite the overall market decline, high-bandwidth memory (HBM) chip providers such as Micron, Sandisk, and Seagate Technology saw gains [5] Economic Indicators - A strong jobs report has diminished expectations for Federal Reserve rate cuts in the near future, with anticipation that the upcoming CPI release will indicate a downward trend in inflation [6]

Core Insights - Palantir Technologies has seen a remarkable stock increase of over 2,000% since 2023, significantly outperforming the S&P 500's 80% gains during the same period [1] - The company's market capitalization stands at $340 billion, with a valuation exceeding 200 times its trailing earnings, indicating an excessive valuation [2] - Predictions suggest that Palantir may experience a considerable decline in value over the next five years, with Uber Technologies and Intuitive Surgical expected to become more valuable alternatives [3] Palantir Technologies - The stock has generated substantial returns for shareholders, driven by soaring demand linked to artificial intelligence [2] - Despite its impressive growth, the current valuation is considered excessive, raising concerns about future performance [2] Uber Technologies - Uber has transformed global travel and continues to have significant growth potential in untapped markets [4] - The company is exploring opportunities in robotaxis, with plans to deploy 1,200 robotaxis in the Middle East and partnerships with WeRide and Waymo for autonomous ride-hailing services [5] - Projected sales growth from $17 billion in 2021 to over $52 billion by 2025, with a market cap around $150 billion and a trailing earnings multiple of 16 times, suggests it could surpass Palantir in value [6] Intuitive Surgical - Intuitive Surgical, with a market cap of approximately $175 billion, has significant growth potential, particularly with its da Vinci surgical system that enhances surgical precision and efficiency [7] - The company has been steadily growing and is still in the early stages of operational expansion, with projected revenues exceeding $10 billion and earnings around $2.9 billion by 2025 [8]

Economic Indicators - Investors are awaiting the January nonfarm-payrolls report, which is considered crucial for setting expectations regarding interest-rate cuts [2][5] - Economists project a gain of approximately 68,000 jobs, with the unemployment rate expected to remain at 4.4% [3] - The report may include significant revisions to 2025 job numbers, indicating fewer new positions added to the economy than previously estimated [3][4] Corporate Earnings - Earnings reports from major companies like McDonald's and Kraft Heinz are anticipated to provide insights into consumer behavior and corporate performance [6] - Ford reported a Q4 profit miss and a net loss of $8 billion for the year, influenced by a $900 million tariff impact [6] - Humana's stock fell 7% due to a profit forecast below analysts' expectations, while Moderna's stock dropped 10% after the FDA declined to review its flu vaccine application [8] Market Trends - There is a growing sentiment in the market regarding potential Federal Reserve rate cuts, with a 77% probability of lower rates by June [5] - Stocks of companies perceived to be at risk from AI developments are experiencing significant sell-offs, affecting both small software firms and large wealth-management companies [12]