Market Overview - U.S. stock futures rose on Friday following a higher close on Thursday, with major benchmark indices advancing [1] - The November CPI inflation rate decreased to 2.7% from 3% in September, with the Bureau of Labor Statistics carrying forward September levels due to a lack of October data [1] Futures Performance - Dow Jones futures increased by 0.11%, S&P 500 by 0.33%, Nasdaq 100 by 0.48%, and Russell 2000 by 0.32% [3] - The SPDR S&P 500 ETF Trust (SPY) was up 0.012% at $676.55, while Invesco QQQ Trust ETF (QQQ) advanced 0.48% to $612.03 [3] Company Highlights - Oracle Corp. shares jumped 5.65% after ByteDance signed agreements to shift control of TikTok's U.S. operations to a joint venture including Oracle [7] - Coty Inc. shares rose 1.54% as it is set to receive $750 million from the sale of its Wella business to KKR [7] - BlackBerry Ltd. shares declined 5.75% despite reporting third-quarter revenue of $141.8 million, exceeding analyst estimates [7] - Nike Inc. shares fell by 10.06% despite better-than-expected second-quarter results, citing expectations of narrower margins and lower revenue from China [13] - FedEx Corp. shares decreased by 1.04% despite positive financial results and raised guidance for FY2026 [13] Analyst Insights - Scott Wren from Wells Fargo Investment Institute projects a positive trajectory for the U.S. stock market and economy through 2026, driven by an improving economy and moderating inflation [10] - Wren notes the widening spread between 10-year and 2-year Treasury yields, the largest since January 2022, which historically correlates with stronger equity performance [10] Economic Indicators - Upcoming economic data includes speeches from New York Fed President John Williams and releases of existing home sales and consumer sentiment data [11]

NEW YORK (AP) — Stocks gained ground on Wall Street Friday for a second straight day, wiping away losses from earlier in the week. Technology stocks were once again the main force behind the market's broader moves, especially companies with a focus on artificial intelligence. Both the S&P 500 and the Nasdaq closed out the week with gains, despite several stumbles early this week. The S&P 500 rose 59.74 points, or 0.9%, to 6,834.50. It notched a 0.1% gain for the week. The Dow Jones Industrial Average ro ...

Stifel Nicolaus sets a price target of $58 for Birkenstock Holding plc (NYSE:BIRK), indicating a potential upside of about 41%.BIRK's stock has experienced a decrease of 11.34%, reflecting market reactions or broader conditions.The company's recent Q4 2025 earnings call and strategic initiatives are key factors influencing the stock's future performance.Birkenstock Holding plc, trading under the symbol BIRK on the NYSE, is a well-known footwear company. It is recognized for its iconic sandals and has a stro ...

Core Insights - Birkenstock Holding plc reported fiscal 2025 results with revenue growth exceeding guidance, but shares fell over 9% on the announcement [1] Financial Performance - Fiscal 2025 revenue rose 16% to €2.1 billion, surpassing guidance of 15% to 17%, driven by strong consumer demand across all regions, channels, and product categories [2] - Net profit increased 82% year over year to €348 million, with earnings per share climbing 83% to €1.87 from €1.02 [3] - Adjusted EBITDA margin reached 31.8%, landing at the top end of guidance despite a 70-basis-point headwind from currency translation and tariffs [2] Geographic and Channel Growth - Double-digit revenue growth was recorded across all geographic regions: Americas up 15% (18% in constant currency), EMEA rising 14%, and APAC delivering the strongest growth at 31% (34% in constant currency) [3] - The B2B channel expanded 20%, while direct-to-consumer revenue increased 11% [4] Product Performance and Expansion - Closed-toe footwear outperformed sandals, with its share of total revenue rising by 500 basis points to 38% [4] - Birkenstock opened 30 new retail stores during fiscal 2025, bringing the global total to 97 locations [4] - Capital expenditures totaled approximately €85 million, primarily aimed at expanding production capacity [4] Future Projections - For fiscal 2026, Birkenstock projected constant-currency revenue growth of 13% to 15%, translating to reported revenue of €2.30 billion to €2.35 billion [5] - The company expects adjusted EBITDA of at least €700 million and plans to open around 40 new retail stores worldwide [5]

Company Overview - TAE Technologies, a nuclear fusion developer, is merging with Trump Media & Technology Group in a $6 billion deal, marking a significant milestone for the fusion energy sector amid rising electricity demand from AI data centers [3][4] - TAE has over two decades of experience in nuclear fusion, aiming to provide abundant, carbon-free power, and is backed by major investors including Alphabet, Chevron, and Goldman Sachs [4] Technological Advancements - TAE has made significant advancements in reactor design, reducing costs and complexity, which are crucial for commercial viability [5] - The company plans to deploy fusion plants capable of producing between 350 and 500 megawatts each [5] Market Context - The merger is seen as a major investment in nuclear fusion power, especially in the context of the ongoing AI Arms Race [5] - The stock market is experiencing volatility, with Micron's strong guidance positively impacting AI-related stocks [5] Inflation and Economic Indicators - The annual headline Consumer Price Index (CPI) fell to 2.7%, below the 3.1% consensus, while core CPI decreased to 2.6% against a forecast of 3% [6] - Analysts caution that the data may not accurately reflect true inflation trends due to assumptions made by the Bureau of Labor Statistics [6][7] Other Notable Developments - OpenAI is in preliminary discussions to raise up to $100 billion at a valuation of around $750 billion, representing a 50% increase from its previous valuation [10] - Meta's outgoing AI scientist is seeking €500 million for a new startup, valuing it at approximately €3 billion [10]

Core Insights - Birkenstock Holding plc is a well-established footwear company known for its sandals and has a global presence in various markets [1] Financial Performance - The company has surpassed Wall Street expectations for its fourth-quarter revenue, driven by strong demand for sandals and clogs, particularly among affluent shoppers during the holiday season [3] - Birkenstock has raised its revenue outlook for fiscal 2025 to at least €2.09 billion, representing a growth of 15.9% on a reported basis, which has boosted investor confidence [4][6] Market Sentiment - The consensus price target for Birkenstock has decreased from $71.43 to $60, indicating a more conservative outlook from analysts [2][6] - Despite the downward trend in price targets, analyst Simeon Siegel from BMO Capital has maintained a price target of $60 [2] Valuation and Growth Potential - Birkenstock's valuation is considered attractive, with single-digit EV/EBITDA multiples, presenting a compelling entry point for investors [5] - The company's growth is supported by style expansion and increased demand in the Asian market [5]

Shares in Birkenstock plunged 9% Thursday after the German shoe retailer warned tariffs will likely weigh heavily on its profit margins.The company – known for its chunky cork sandals – said it expects its annual gross margins will drop by a full percentage point due to US tariffs in the new fiscal year, which runs through Sept. 30, 2026.It expects adjusted earnings before interest, taxes, depreciation and amortization of at least 700 million euros, or roughly $821.8 million, with a margin of 30% to 30.5% – ...

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Core Insights - The performance of cyclical stocks is closely tied to the economy's health, with prices rising during expansions and falling during downturns [2] - Despite facing inflation, labor market slack, and supply chain issues, the U.S. economy shows resilience, rebounding from a 0.6% GDP contraction in Q1 to a 3.8% growth in Q2 [3][4] - The Federal Reserve's rate cuts and easing monetary policies are expected to benefit cyclical stocks by reducing borrowing costs and stimulating demand [5] Company Summaries - **Crocs, Inc. (CROX)**: A leading footwear brand focusing on comfort and style, with a Zacks Rank 1. The company aims to exceed $5 billion in annual revenues by 2026, representing a CAGR of over 17% [8][9]. Recent earnings estimates for 2025 and 2026 have improved by 1.6% and 8.6%, respectively, despite a 19.5% decline in shares over the past year [10] - **G-III Apparel Group, Ltd. (GIII)**: A global fashion entity with a Zacks Rank 2, transitioning towards higher-margin owned brands. The company expects significant growth in its Donna Karan brand, with sales projected to grow nearly 40% in fiscal 2026 [13][14]. Earnings estimates for fiscal 2026 and 2027 have increased by 6.3% and 3.4%, respectively, with shares rebounding 48.6% in the past six months [15] - **Dover Corp. (DOV)**: An industrial conglomerate with a Zacks Rank 2, experiencing healthy booking growth across most segments. The company has reported year-over-year booking growth in seven of the past eight quarters, driven by strong demand and operational resilience [17][18]. Earnings estimates for 2025 and 2026 have increased by 1.3% and 1.1%, respectively, with shares gaining 11.4% in the past six months [19]

LONDON, UK / ACCESS Newswire / December 18, 2025 / Birkenstock Holding plc (together with its subsidiaries, "BIRKENSTOCK", the "Company" or "we") (NYSE:BIRK) today announces financial results for the fourth quarter and fiscal year ended September 30, 2025. The Company reports fiscal 2025 revenue growth of 16% and 18% on a constant currency basis, ahead of the Company's guidance of 15-17%, driven by strong consumer demand across all segments, channels and categories. ...