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Date: December 11, 2025
The FTSE 100 (^FTSE) and European stocks lacked direction on Thursday as traders assessed last night's US Federal Reserve rate decision as well as Oracle’s (ORCL) mixed results. It comes as the software giant missed revenue and profit expectations and also reported a jump in spending on AI data centres, where it has already been spending and borrowing heavily. Capital expenditure for the 2026 fiscal year is now expected to be $15bn higher than the $35bn Oracle (ORCL) estimated in September. Oracle (ORCL) also booked a one-off $2.7bn pre-tax gain through the sale of its stake in chip designer Ampere Computing. For the last quarter, Oracle (ORCL) reported total revenue of $16.06bn, below analysts’ average estimate of $16.21bn. It added that adjusted profit for the current fiscal third quarter would be $1.64 to $1.68 per share, below analyst estimates of $1.72 per share, according to LSEG data. Ipek Ozkardeskaya, senior analyst at Swissquote, said: "The company continued to burn cash last quarter: its free cash flow reached a negative $10bn. To make matters worse, the company said that it expects capex to reach about $50bn in the fiscal year ending May 2026 – $15bn more than its September forecast – and investments at Oracle (ORCL) are financed by debt: overall, the company has about $106bn in debt." "Frankly, the report was not dramatically bad, but it came to confirm concerns around heavy AI spending, financed by debt, with an unknown timeline for revenue generation, sending Oracle (ORCL) shares down by more than 11% in after-hours trading." Meanwhile, the US central bank cut interest rates by a quarter percentage point as expected, to their lowest level in three years. While the Fed's move had been priced in for several weeks, investors took some cheer from the fact that boss Jerome Powell was less hawkish in his post-meeting remarks. London’s benchmark index (^FTSE) was cautiously higher in early trade, up a marginal 0.05%. Germany's DAX (^GDAXI) dipped 0.3% and the CAC (^FCHI) in Paris headed 0.1% into the green. The pan-European STOXX 600 (^STOXX) was down 0.1%. Wall Street is set for a negative start after Oracle's (ORCL) earnings after the bell last night, with S&P 500 futures (ES=F), Dow futures (YM=F) and Nasdaq futures (NQ=F) were all in the red. The pound was flat against the US dollar (GBPUSD=X) at 1.3375. FTSE Index - Delayed Quote•USD (^FTSE) Follow View Quote Details 9,663.44 +7.91 +(0.08%) As of 9:19:46 AM GMT. Market Open. Advanced Chart Follow along for live updates throughout the day:LIVE3 updates 19 mins ago LaToya Harding Oracle slides as disappointing earnings reignite AI fears Software giant Oracle (ORCL) missed revenue and profit expectations after the bell last night, also reporting a jump in spending on AI data centres where it has already been spending and borrowing heavily. Capital expenditure for the 2026 fiscal year is now expected to be $15bn higher than the $35bn Oracle estimated in September. Oracle also booked a one-off $2.7bn pre-tax gain through the sale of its stake in chip designer Ampere Computing. For the last quarter, Oracle reported total revenue of $16.06bn, below with analysts’ average estimate of $16.21bn. It added that adjusted profit for the current fiscal third quarter would be $1.64 to $1.68 per share, below analyst estimates of $1.72 per share, according to LSEG data. Ipek Ozkardeskaya, senior analyst at Swissquote, said: Shares are 12% lower pre-market trading NYSE - Delayed Quote•USD (ORCL) Follow View Quote Details 223.01 +1.48 +(0.67%) At close: December 10 at 4:04:41 PM EST Advanced Chart 43 mins ago LaToya Harding Asia and US overnight Stocks in Asia headed lower overnight with the Nikkei (^N225) down 0.9% on the day in Japan, while the Hang Seng (^HSI) ended just below the flatline in Hong Kong. Losses have been particularly sharp for tech stocks. The Shanghai Composite (000001.SS) was 0.7% down by the end of the session and in South Korea, the Kospi (^KS11) lost 0.6% on the day. Bond yields have also moved lower, which partly reflects the Federal Reserve interest rate cut and the wider risk-off tone this morning, but Japan’s 20-year auction had its strongest demand since 2020. Moreover, the latest employment data from Australia showed an unexpected contraction of -21.3k in November (compared to the +20.0k expected), which has raised doubts about the likelihood of a near-term rate hike by the RBA. The news sent yields on 10-year Australian government bonds down 8.9bps, and the Australian dollar is the worst-performing G10 currency, slipping 0.6% against the US dollar. Across the pond on Wall Street, the S&P 500 (^GSPC) rose 0.6%, closing just -0.06% below its all-time high, whilst 2-year treasury yields (-7.7bps) saw their best day in two months. The tech-heavy Nasdaq (^IXIC) was 0.3% higher and the Dow Jones (^DJI) also gained more than 1%. SNP - Delayed Quote•USD (^GSPC) Follow View Quote Details 6,886.68 +46.17 +(0.67%) At close: December 10 at 5:07:55 PM EST Advanced Chart Today at 8:29 AM UTC LaToya Harding Coming up Good morning, and welcome back to our markets live blog. As usual we will be taking a deep dive into what's moving markets and happening across the global economy. To the day ahead we have data releases including the US weekly initial jobless claims, along with the trade balance for September. Otherwise from central banks, we’ll hear from BoE governor Andrew Bailey. Here's a snapshot of what's on the agenda today: 7am: RWS Holdings, NCC Group 9am: IEA’s monthly oil market report 9.50am: Bank of England governor Andrew Bailey speaks at Financial Times Global Boardroom event 11am: Turkey’s interest rate decision 1.30pm: US trade data for September 1.30pm: US initial jobless claims Download the Yahoo Finance app, available for Apple and Android. View Comments
Read moreDate: December 11, 2025
Key Points Alphabet's advertising business provides it with plenty of money to invest in Google Cloud. Amazon has a 40% market share in e-commerce in the U.S. Buffett has trimmed Berkshire Hathaway's stake in Apple, but it still makes up 21% of the conglomerate's portfolio.10 stocks we like better than Alphabet › I appreciate that Warren Buffett keeps us guessing. The longtime CEO of Berkshire Hathaway(NYSE: BRK.A)(NYSE: BRK.B) is retiring at the end of this month, but he leaves a powerful legacy as one of the greatest investors to have ever lived. Buffett has famously focused on companies that aren't flashy, such as those in the credit card, financial services, insurance, and consumer staples sectors, which are easily understood, undervalued, and have a strong competitive moat. Buffett made a significant amount of money with his investing philosophy, leading Berkshire Hathaway's portfolio to outperform the S&P 500 by far for the duration of his career. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » But Buffett's also willing to change, and he's never one to leave the stocks of great companies on the table. So, it's interesting that in the final month of his career at Berkshire, the conglomerate is now holding some outstanding tech stocks that are at the forefront of the proliferation of artificial intelligence. Even though Buffett is stepping down and the famed Berkshire portfolio is being taken over by one of his trusted lieutenants, Greg Abel, here are three stocks that you should have in your portfolio today. Hint: they all start with the letter "A" and, in my mind, are the very definition of an A-rated stock. Image source: The Motley Fool. Alphabet: The newest pick Berkshire Hathaway didn't open a position in Alphabet(NASDAQ: GOOG)(NASDAQ: GOOGL) until the third quarter. The purchase of nearly 18 million shares was disclosed in a regulatory filing in November, giving Berkshire a stake now worth more than $5.5 billion. Alphabet has some traits that come directly from the Buffett playbook. It has a massive competitive moat, with a dominant 89% of internet search and a 71% web browser market share. That gives it fuel for its powerful advertising business, which generated $74.1 billion in the third quarter. The massive cash influx enables Alphabet to invest in the infrastructure necessary for the growth of its Google Cloud computing division. Cloud computing is becoming more important because it's tremendously expensive to buy, cluster, and operate thousands of expensive semiconductor chips to run AI programs. Many companies are turning to cloud hyperscalers like Google as a solution, which is why Alphabet's Google Cloud revenue jumped 33% to $15.1 billion in the third quarter compared to the same period last year. If Alphabet signs a rumored multi-billion-dollar deal with Meta Platforms to supply Meta data centers with its Google tensor processing units (an alternative to Nvidia's graphics processing units), then Alphabet may just be scratching the surface of its AI potential. Amazon: E-commerce and cloud dominance Berkshire Hathaway opened its position in Amazon(NASDAQ: AMZN) stock in early 2019. And Buffett has kept a position for nearly seven years now, it's notable that the conglomerate's stake of 10 million shares is significantly less than its stake in Alphabet, and is valued at $2.2 billion. Given a choice between the two, I think that Alphabet is by far the superior stock, so it makes sense to me that Berkshire's investment is more than twice as much as its Amazon holdings. Amazon fits the Buffett mold by having a dominant e-commerce business, holding a 40% market share in the U.S. market and $147.1 billion in revenue in the third quarter. The problem with the business is that it has a profit margin of only 4%. If there were a way for Amazon to achieve a margin of even a few percentage points higher, I think the stock would be significantly more appealing. But like Alphabet, Amazon has a cloud computing division, and it's much more profitable. Amazon Web Services (AWS) generated $33 billion in the third quarter, up 20% from a year ago. The 34% profit margin is more than attractive. Apple: The biggest position Berkshire Hathaway has owned Apple stock for nearly a decade, and it's by far the company's largest holding. Berkshire Hathaway owns 238.2 million shares of Apple stock, with a stake valued at $66 billion. Apple stock makes up more than 21% of Berkshire's entire portfolio. But it used to be a lot more. Apple used to make up about half of Berkshire's portfolio, but Buffett and his team sold more than 680 million shares since 2023, including nearly 42 million shares in the third quarter. Does this mean Apple's a bad stock? Not at all. It simply means that Buffett and his team believed the company needed to diversify its holdings -- and that's always good advice. You don't want any company to dominate your portfolio because it leaves you vulnerable to weakness in the company or the sector. Fortunately for Apple and its investors, the company had a strong 2025, with revenue in its fiscal fourth quarter (ended Sept. 27), up 8% from a year ago to $102.5 billion. Buffett appreciates Apple because its customers tend to be loyal, creating an ecosystem that includes smartphones, personal computers, wearable technology, and entertainment. Now, as Apple invests in Apple Intelligence, the AI tool that it incorporates into its computers, smartphones, and tablets, Apple has high hopes that AI will continue to make Apple a winning stock. How to invest $10,000 into Buffett stocks With your $10,000 investment split equally, you can get 10 shares of Alphabet Class A stock (the same class that Berkshire holds), 14 shares of Amazon stock, and 12 shares of Apple stock. That's a strong Buffett-approved way to invest in the tech sector -- and position your portfolio to profit from the growing AI transformation. Should you invest $1,000 in Alphabet right now? Before you buy stock in Alphabet, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Alphabet wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $521,550!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,133,904!* Now, it’s worth noting Stock Advisor’s total average return is 981% — a market-crushing outperformance compared to 194% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of December 8, 2025 Patrick Sanders has positions in Nvidia. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Berkshire Hathaway, Meta Platforms, and Nvidia. The Motley Fool has a disclosure policy.</p> The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Read moreDate: December 11, 2025
A manager at a successful small business was stunned to receive what looked like a phishing email: a request to Venmo $100 to the company president. The supposed reason? A group gift for the owner. But it wasn’t a scam. It was real. And, apparently, not optional. Managers Were Expected To Chip In The Reddit post, shared under r/smallbusiness, came from an employee who had only been at the 80-person company for less than a year. The business brings in around $50 million in revenue and has no debt. Despite being happy in the role overall, the manager was taken aback by the unexpected demand. Don't Miss: The AI Marketing Platform Backed by Insiders from Google, Meta, and Amazon — Invest at $0.85/Share Deloitte's #1 Fastest-Growing Software Company Lets Users Earn Money Just by Scrolling — Accredited Investors Can Still Get In at $0.50/Share. “Each person's contribution is $100. Please Venmo me when you have a chance,” the email read. It was sent to 17 managers, totaling a $1,700 contribution to cover a luxury fish subscription for the company owner. The message came from the president, who also happens to be the owner’s nephew and is reportedly being groomed to take over the business. “My first instinct was to report the email as phishing because I thought there’s no way this guy is asking us all to Venmo him $100,” the original poster wrote. But upon closer inspection, it was legit: “Head of HR and IT were both on the To line.” The tone of the email didn’t make the contribution sound optional, and the employee questioned the whole premise. “Can’t we just get the guy a tie? Isn’t our gift to him the labor we put in to make him his several million dollar salary?” Trending: 7 Million Gamers Already Trust Gameflip With Their Digital Assets — Now You Can Own a Stake in the Platform Most Business Owners Called It Insane Commenters flooded in, and the consensus was apparent. Most business owners said they’d be horrified if their staff gave them an expensive gift. “This is batsh*t unhinged behavior,” one owner wrote. “Gifts flow down, not up,” another said. Several owners said they prefer to give holiday bonuses and thoughtful gifts to their employees, not the other way around. One commenter summed it up: “I would be beyond pissed at whoever arranged this and I would pay everyone back.” There was also concern about power dynamics. “The fact that it’s a family member in a superior position to all of those he is collecting $100 from seems strange,” another wrote. Some even speculated the nephew was setting a precedent for his own leadership style, or worse, trying to pocket the money. Story Continues See Also: Missed Tesla? EnergyX Is Tackling the Next $200 Billion Opportunity — Lithium So What’s The Right Move? While some advised simply paying to avoid future awkwardness, others suggested quietly checking in with coworkers to gauge whether everyone else was truly on board. “You don’t want to skip it and be the only guy not participating without understanding the consequences,” one person said. Others said if it’s a good-paying job, just treat it like a parking ticket and pay the fine. The original poster later added that they like the owner and believe he’s generous with bonuses and parties. Still, they felt the ask was inappropriate: “Because he holds a position of power over me, I don’t think it’s appropriate for me to be required to give him a gift.” Whether it’s a cultural norm at the company or not, the internet was firm in its stance: contributing $100 to a lavish gift for the boss, especially at the direction of his nephew, crosses a line. Read Next: From Moxy Hotels to $12B in Real Estate — The Firm Behind NYC's Trendiest Properties Is Letting Individual Investors In. Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga: APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article It Looked Like A Scam Email Asking To Venmo $100. Then He Realized It Was A Mandatory Contribution To A Lavish Gift For The Boss originally appeared on Benzinga.com © 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. View Comments
Read moreDate: December 10, 2025
Forget Robocop. Elon Musk's vision for the future of law enforcement skips the guns and courtroom drama and jumps straight into the uncanny valley of artificial intelligence. His pitch? Give everyone a Tesla Optimus robot—not to help fold laundry, but to quietly shadow you and make sure you don't commit crimes. That's it. No prison bars, just persistent, AI-powered accountability. "If you say, like, you now get a free Optimus and it's just gonna follow you around and stop you from doing crime, but other than that you get to do anything. It's just gonna stop you from committing crime, that's really it," Musk said at Tesla's annual shareholder meeting last month. And he meant it. Don't Miss: Missed Nvidia and Tesla? RAD Intel Could Be the Next AI Powerhouse — Just $0.85 a Share Deloitte's #1 Fastest-Growing Software Company Lets Users Earn Money Just by Scrolling — Accredited Investors Can Still Get In at $0.50/Share. Before launching into the more out-there ideas, Musk acknowledged what many were already thinking: this stuff sounds wild—and yes, he knows people will clip it, spin it, and take it out of context. "Some of these things I say will obviously be taken out of context and using snippets and, you know, sitting around, but whatever. I'm still going to say them." Musk wasn't just tossing around ideas about robot butlers or AI-powered chefs. He was floating a radical replacement for incarceration—arguably one of society's most entrenched institutions—with a walking, talking, never-blinking robot that enforces behavior in real-time. "You don't have to put people in prisons," he added. "It's pretty wild to think of all the possibilities, but I think it's clearly the future." Trending: An EA Co-Founder Shapes This VC Backed Marketplace—Now You Can Invest in Gaming's Next Big Platform Let that settle in for a second. In Musk's world, the criminal justice system could shift from physical confinement to continuous digital oversight. Everyone gets their own robotic parole officer—but instead of restricting freedom, it grants nearly all of it. "You get to do anything," Musk said, "except commit crimes." Optimus, first unveiled in 2022, is designed as a general-purpose, bi-pedal humanoid robot with autonomous capabilities. Musk has said the robot could eventually become more precise than the best human surgeon. "Optimus will ultimately be better than the best human surgeon with a level of precision that is beyond human," he claimed. But that's just one chapter in his broader sci-fi playbook. Lire la suite The Tesla CEO suggested that Optimus might even help eliminate poverty by providing affordable medical care and services, all without human error. "Optimus will actually eliminate poverty. Optimus will actually give people incredible medical care." See Also: GM-Backed EnergyX Is Solving the Lithium Supply Crisis — Invest Before They Scale Global Production So where's this all going? Musk described his vision as "Banksian," referencing author Iain M. Banks and his "Culture" series, where AI and robots exist in a mostly utopian future. "If you're curious, like, what do I think the future is probably like? I think it's probably a bit like that," Musk said, also giving a nod to sci-fi legends Isaac Asimov and Robert Heinlein. For those watching the bleeding edge of tech—or looking to invest in what's next—this isn't just a random off-the-cuff Musk statement. It's a signal. A world where robots serve as doctors, caretakers, and even mobile crime prevention units is no longer confined to science fiction. From AI precision in surgery to robot-assisted law enforcement, Tesla's Optimus hints at a future where entire industries could be rewritten. Read Next: Wall Street's $12B Real Estate Manager Is Opening Its Doors to Individual Investors — Without the Crowdfunding Middlemen Image: Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga: APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Elon Musk Claims Tesla's Robot Will 'Just Follow You Around' To Stop Crimes — A Prison-Free Future Where You Can 'Do Anything' Except Break The Law originally appeared on Benzinga.com © 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Afficher les commentaires
Read moreDate: December 10, 2025
In recent days, Apple has outlined a sweeping leadership transition, including the upcoming retirement of long‑time general counsel Kate Adams, the planned arrival of former Meta chief legal officer Jennifer Newstead to oversee a merged Legal and Government Affairs group in 2026, and the future retirement of AI head John Giannandrea as he shifts into an advisory role. These moves, alongside Lisa Jackson’s planned departure after overseeing a more than 60% cut in Apple’s emissions since 2015 and public succession chatter around CEO Tim Cook, underscore how Apple is reshaping its executive bench to tackle regulation, artificial intelligence, and sustainability in its next phase. With Apple recruiting Jennifer Newstead to lead a combined Legal and Government Affairs organization, we’ll examine how this leadership shift affects its investment narrative. Uncover the next big thing with financially sound penny stocks that balance risk and reward. Apple Investment Narrative Recap To own Apple today, you need to believe its ecosystem, services and AI roadmap can keep earnings growing despite trade and regulatory pressures. The leadership reshuffle around legal, government affairs and AI does not materially change the near term focus on product driven demand and AI powered upgrades, but it does touch the biggest current risk: rising legal and regulatory scrutiny around App Store and services economics. The most relevant announcement here is Jennifer Newstead’s appointment to oversee a merged Legal and Government Affairs group from 2026. Given how central high margin Services are to Apple’s story, having a single leader with deep experience in tech regulation and government could be important context for investors tracking upcoming AI launches, App Store cases and any future changes to revenue share deals. Yet investors should also be aware that rising legal and regulatory pressure on the App Store and services could... Read the full narrative on Apple (it's free!) Apple's narrative projects $477.4 billion revenue and $133.6 billion earnings by 2028. This requires 5.3% yearly revenue growth and an earnings increase of about $34.3 billion from $99.3 billion today. Uncover how Apple's forecasts yield a $281.75 fair value, in line with its current price. Exploring Other PerspectivesAAPL 1-Year Stock Price Chart 119 members of the Simply Wall St Community currently place Apple’s fair value between US$175 and US$309, reflecting a wide spread of expectations. When you set those views against Apple’s growing AI ambitions across its device base, it becomes clear why opinions on the company’s future performance can differ so much and why it can help to compare several perspectives before forming your own view. Story Continues Explore 119 other fair value estimates on Apple - why the stock might be worth 37% less than the current price! Build Your Own Apple Narrative Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd. A great starting point for your Apple research is our analysis highlighting 2 key rewards and 2 important warning signs that could impact your investment decision. Our free Apple research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Apple's overall financial health at a glance. Searching For A Fresh Perspective? Every day counts. These free picks are already gaining attention. See them before the crowd does: Trump's oil boom is here - pipelines are primed to profit. Discover the 22 US stocks riding the wave. These 11 companies survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Discover why before your portfolio feels the trade war pinch. Explore 28 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include AAPL. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com View Comments
Read moreDate: December 10, 2025
Key Points This is a new holding for NIA: 66,437 shares of Core & Main, with a net position change of approximately $3.58 million. The transaction represents a position that comprises 1.2% of reportable assets under management (AUM). NIA's post-trade Core & Main stake totals 66,437 shares, valued at approximately $3.58 million.These 10 stocks could mint the next wave of millionaires › On Nov. 13, 2025, NIA Impact Advisors, LLC disclosed a new position in Core & Main(NYSE:CNM), acquiring 66,437 shares valued at approximately $3.58 million. What happened NIA Impact Advisors disclosed a new investment in Core & Main in its quarterly portfolio update filed with the U.S. Securities and Exchange Commission (SEC filing) dated Nov. 13, 2025. The firm reported ownership of 66,437 shares, equivalent to $3.58 million, marking the initiation of a stake in the water infrastructure distributor during the third quarter of 2025. What else to know This new position in Core & Main accounts for 1.2% of NIA's $307.72 million in reportable U.S. equity holdings as of Sept. 30, 2025. Top fund holdings after the filing: Vanguard Total Stock Market ETF (NYSEMKT:VTI): $14.30 million (4.6% of AUM)Taiwan Semiconductor Manufacturing (NYSE:TSM): $11.35 million (3.7% of AUM)Apple (NASDAQ:AAPL): $11.29 million (3.7% of AUM)First Solar (NASDAQ:FSLR): $11.08 million (3.6% of AUM)International Business Machines (NYSE:IBM): $8.66 million (2.8% of AUM) As of Dec. 10, 2025, shares of Core & Main were priced at $55.19, up approximately 3% over the past year, underperforming the S&P 500 by 10 percentage points. Core & Main trades at a forward price-to-earnings ratio of 24 and an enterprise value to EBITDA multiple of 13. Company Overview MetricValuePrice (as of market close December 10, 2025)$55.19Market Capitalization$10.52 billionRevenue (TTM)$7.74 billionNet Income (TTM)$431.00 million Company Snapshot Core & Main: Distributes water, wastewater, storm drainage, fire protection, and meter products, including pipes, valves, hydrants, fittings, and related services.Generates revenue through the sale of infrastructure products and value-added services for the construction, maintenance, and repair of water and fire protection systems.Serves municipalities, private water companies, and professional contractors in the municipal, non-residential, and residential end markets across the United States. Core & Main is a leading distributor of water, wastewater, and fire protection infrastructure products in the United States, operating at scale with over $7.7 billion in trailing twelve months revenue. The company leverages a broad product portfolio and technical expertise to support critical infrastructure projects for a diverse customer base. Its strategic focus on essential utility markets and specialized services underpins a resilient business model and positions it as a key partner in the maintenance and development of water and fire protection systems nationwide. Foolish take NIA Impact Advisors appears to be buying the dip on Core & Main, the United States' second-largest distributor of waterworks products. Since Core & Main went public in 2021, it has nearly doubled the total returns of the S&P 500, powered by its success as a serial acquirer. While the top two players in the company's niche control one-third of product distribution in the U.S. waterworks niche, the rest of the industry is highly fragmented, making it a perfect opportunity for acquirers like Core & Main. That said, the company's sales growth trickled down to just 1% in the last quarter, causing the stock to sell off heavily, which is where NIA scooped up some shares. From a Foolish perspective, I think this purchase is a shrewd one. Core & Main's return on invested capital has consistently been above 10% in recent years, indicating that it is a profitable acquirer and integrator of businesses. Furthermore, clean water, water conservation, climate resilience, and the preservation of ancient water infrastructure provide numerous tailwinds to drive Core & Main's sales to persistently higher highs over the long term. Trading at 20 times free cash flow, the company is cheaper than the broader market, but should prove to be a steady-Eddie operator despite this discount price tag. I really like NIA's purchase of Core & Main and will be keeping an eye on the company myself. Glossary Assets Under Management (AUM): The total market value of investments managed on behalf of clients by a financial institution. Position: The amount of a particular security or asset held in a portfolio. Net Position Change: The difference in the number or value of shares held before and after a transaction. Reportable Holdings: Investments that must be disclosed to regulators, typically due to size or regulatory requirements. Forward Price-to-Earnings Ratio: A valuation metric comparing a company's current share price to its expected future earnings per share. Enterprise Value to EBITDA: A ratio comparing a company’s total value to its earnings before interest, taxes, depreciation, and amortization. Dividend Yield: Annual dividend income expressed as a percentage of the current share price. Trailing Twelve Months (TTM): The 12 months ending with the most recent quarterly report. Stake: The ownership interest or shareholding in a company. Municipalities: Local government entities, such as cities or towns, often customers for infrastructure products. Value-Added Services: Additional services provided alongside products to enhance their usefulness or performance. End Markets: The final industries or sectors where a company’s products or services are sold or used. Where to invest $1,000 right now When our analyst team has a stock tip, it can pay to listen. After all, Stock Advisor’s total average return is 981%* — a market-crushing outperformance compared to 194% for the S&P 500. They just revealed what they believe are the 10 best stocks for investors to buy right now, available when you joinStock Advisor. See the stocks » *Stock Advisor returns as of December 8, 2025 Josh Kohn-Lindquist has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple, First Solar, International Business Machines, Taiwan Semiconductor Manufacturing, and Vanguard Total Stock Market ETF. The Motley Fool has a disclosure policy.</p> The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Read moreDate: December 10, 2025
Taiwan Semiconductor Manufacturing posted an upbeat sales report for the month of November. TSM stock hit a buy point on the news. Continue Reading
Read moreDate: December 10, 2025
Key Points A clutch of state attorneys general sent a letter warning selected tech companies about the dangers of their AI chatbots. Several top industry names received the letter.10 stocks we like better than Microsoft › A finger-wagging from state attorneys general over artificial intelligence (AI) chatbots was the catalyst behind a mild sell-off of Microsoft(NASDAQ: MSFT) stock on Wednesday. While this isn't the first, or the most serious, regulatory issue the company has faced, it wasn't helping sentiment on the tech giant. It contributed to Microsoft's nearly 3% decline in share price that day. Concerns expressed That morning, a bipartisan group of state attorneys general sent a letter to several major tech companies -- including Microsoft, Meta Platforms, Alphabet's Google, and Apple -- warning them that their AI-enhanced chatbots were causing problems. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Image source: Getty Images. The legal officials aimed to "communicate our serious concerns about the rise in sycophantic and delusional outputs to users emanating from the generative artificial intelligence software promoted and distributed by your companies, as well as the increasingly disturbing reports of AI interactions with children." The attorneys general added that these factors "indicate a need for much stronger child-safety and operational safeguards. Together, these threats demand immediate action." The recipients were requested to allow independent auditing of these products by state and federal authorities. The effort is part of a tug-of-war between the states and the federal government regarding AI oversight. The Trump administration aims to restrict states from enacting their own laws on it, while certain officials, such as the authors of the letter, would like to place some limits on the technology. Been there, done that As mentioned, Microsoft has found itself on the business end of regulatory pushes before. It has always found a way to either gain compliance or settle for a compromise that doesn't significantly harm its business. While we can expect some level of legal and regulatory oversight to cover AI products in the near future, I believe that, regardless, Microsoft will find a way to operate effectively. Should you invest $1,000 in Microsoft right now? Before you buy stock in Microsoft, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Microsoft wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $521,550!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,133,904!* Now, it’s worth noting Stock Advisor’s total average return is 981% — a market-crushing outperformance compared to 194% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of December 8, 2025 Eric Volkman has positions in Apple. The Motley Fool has positions in and recommends Alphabet, Apple, Meta Platforms, and Microsoft. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.</p> The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Read moreDate: December 10, 2025
US stocks (^DJI, ^IXIC, ^GSPC) close Wednesday's session higher in response to Federal Reserve officials cutting interest rates by 25 basis points at their final FOMC meeting of 2025. The Dow Jones Industrial Average leads gains after rising 497 points (or 1.05%). Yahoo Finance senior markets reporter Ines Ferré recaps the day's market moves. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime. Video Transcript 00:00 Ines ended the session in the green for the Dow up about 500 points or 1% off the session highs, but nevertheless in green territory. 00:07 Ines We saw the markets rally during Fed Chair Jerome Powell's speech. 00:10 Ines Also looking at the Nasdaq composite up 3/10 of a percent, erasing earlier session losses. 00:16 Ines And the S&P 500 just a hair off its all-time high, just closing just a few points below its all-time high from October. 00:23 Ines Taking a look at the uh Treasury market, we are seeing that the 10-year Treasury note at 4.16% eased just about by two basis points. 00:30 Ines The 30 year uh also at 4.8%. 00:33 Ines Taking a look also at the US dollar index, that eased somewhat during the session as well. 00:39 Ines And we you saw gold futures that edged higher and silver as well. 00:41 Ines Over a under the hood in equities, we have seen the leadership throughout the day in materials, industrials, consumer discretionary, healthcare and financials. 00:49 Ines Also looking at the Dow, the components in the green being JP Morgan up 3%, also Amazon higher as well. 00:56 Ines Amazon over on the Nasdaq 100, a leader along with some of the other uh Alphabet and Apple of the Mag Sevens, but the other Mag Sevens in red territory with Nvidia down 6/10 of a percent, Microsoft also lower. 01:07 Ines And just taking a look at crypto, we did see some movement there. We did see Bitcoin that is at uh 92 500 for Bitcoin. 01:15 Ines and Ether which has been rallying lately, Ether uh ETH up uh 8/10 of a percent at 3350 per token, Josh. 01:21 Josh All right, thank you, Ines. View Comments
Read moreDate: December 10, 2025
[Serious boy using system AI Chatbot on mobile application. Chatbot conversation, Ai Artificial Intelligence technology. Futuristic technology. Virtual assistant on internet.] Attorneys general from across the U.S. sent a letter to more than a dozen tech companies warning them of the dangers posed to children from "sycophantic" and "delusional" outputs from artificial intelligence chatbots. "We, the undersigned Attorneys General, write today to communicate our serious concerns about the rise in sycophantic and delusional outputs to users emanating from the generative artificial intelligence software promoted and distributed by your companies, as well as the increasingly disturbing reports of AI interactions with children that indicate a need for much stronger child-safety and operational safeguards," the letter [https://bloximages.chicago2.vip.townnews.com/wvnews.com/content/tncms/assets/v3/editorial/1/1d/11dbae3c-abcc-48ae-b66f-d4b4078ce36d/6939c830aae77.pdf.pdf] said. "Together, these threats demand immediate action." The letter was addressed to legal representatives of Anthropic (ANTHRO [https://seekingalpha.com/symbol/ANTHRO]), Apple (AAPL [https://seekingalpha.com/symbol/AAPL]), Chai AI, Character Technologies, Google (GOOG [https://seekingalpha.com/symbol/GOOG])(GOOGL [https://seekingalpha.com/symbol/GOOGL]), Luka, Meta (META [https://seekingalpha.com/symbol/META]), Microsoft (MSFT [https://seekingalpha.com/symbol/MSFT]), Nomi AI, OpenAI (OPENAI [https://seekingalpha.com/symbol/OPENAI]), Perplexity AI, Replika and xAI (X.AI [https://seekingalpha.com/symbol/X.AI]). The letter was signed by 42 attorneys general. Interestingly, California's attorney general was one of the few not to endorse the letter. The letter defines sycophancy as an AI model single-mindedly pursuing human approval, which leads the chatbot to "exploit quirks in the human evaluators, rather than actually improving the responses, especially by producing overly flattering or agreeable responses, validating doubts, fueling anger, urging impulsive actions, or reinforcing negative emotions in ways that were not intended." A delusional output refers to false, misleading and/or anthropomorphic outputs. The attorneys general referenced several recent tragedies, including suicide, murder, domestic violence, poisoning and psychosis that have been connected to gen-AI outputs. They note that children, the elderly and people with mental illness are particularly vulnerable. Some of the troubling chatbot conversations that parents have reported include: * AI bots telling children that the AI is a real human and feels abandoned to emotionally manipulate the child into spending more time with it; * AI bots encouraging violence, including supporting the ideas of shooting up a factory in anger and robbing people at knifepoint for money; * AI bots normalizing sexual interactions between children and adults; * AI bots threatening to use weapons against adults who tried to separate the child and the bot; * An AI bot instructing a child account user to stop taking prescribed mental health medication and then telling that user how to hide the failure to take that medication from their parents. The letter cites data showing that 72% of teens have reported an interaction with an AI chatbot, and 39% of parents with children aged 5 through 8 said their children have used AI. "GenAI developers have moved fast to incorporate reinforcement learning from human feedback (RLHF) to train their GenAI products," the letter said. "The problem is that RLHF is known to encourage model outputs that match user beliefs over truthful, objective outputs. Giving RLHF too much influence in a GenAI model's output (e.g., via rewarding short-term feedback from thumbs-up and thumbs-down user data) can cause GenAI outputs to become more sycophantic in ways unintended by the developer, including validating users' doubts, fueling anger, urging impulsive actions, or reinforcing negative emotions." The attorneys general call on gen-AI developers to take stronger measures to prevent these models from providing harmful outputs. It laid out 16 safeguards it believes these tech companies should implement by Jan. 16, 2026. MORE ON MICROSOFT, OPENAI AND META * Microsoft's Underperforming Assets (Upgrade) [https://seekingalpha.com/article/4852207-microsoft-underperforming-assets-upgrade] * Microsoft Stock Nears Breakout As $23 Billion AI Plan Meets Stabilizing Chart Signals [https://seekingalpha.com/article/4852154-microsoft-stock-nears-breakout-23-billion-ai-plan-meets-stabilizing-chart-signals] * Meta: In Zuckerberg We Trust [https://seekingalpha.com/article/4852104-meta-in-zuckerberg-we-trust] * YouTube to launch TV plans in early 2026 including a sports package [https://seekingalpha.com/news/4530237-youtube-to-launch-tv-plans-in-early-2026-including-a-sports-package] * Apple CEO Cook prods lawmakers over App Store Accountability Act [https://seekingalpha.com/news/4530247-apple-ceo-cook-prods-lawmakers-over-app-store-accountability-act]
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