When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000 ...

经济观察网 根据截至2026年2月24日的公开信息，爱迪生国际（EIX）未来值得关注的事件主要集中在 以下几个方面： 以上内容基于公开资料整理，不构成投资建议。 政策监管 加州近期通过的SB 254法案为公用事业公司的野火责任设定了上限并建立了证券化机制，这显著降低了 爱迪生国际面临的或有负债风险。此外，2025年一般费率案的高批准率（91%的成本回收请求获批）提 升了公司盈利的确定性和可预测性。 行业状况 加州地区由AI数据中心扩张、电动汽车普及和绿色制造业发展带来的电力需求持续增长，将直接利好 爱迪生国际的核心配电业务，这一宏观趋势是影响其长期前景的重要因素。 公司业绩目标 公司管理层已重申其财务目标，预计2025年核心每股收益在5.95至6.20美元之间。同时，公司给出了明 确的长期增长预期，预计2025年至2028年的复合年增长率将保持在5%至7%的区间。这一稳健的盈利指 引是市场持续关注的重点。 项目进展 爱迪生国际规划在2025年至2029年间投入约380亿至430亿美元的资本开支，资金将重点用于电网抗灾能 力升级和清洁能源并网等项目。该计划的执行进展及其对子公司南加州爱迪生（SCE）费率基准（截 ...

“It seems like the momentum stocks that have got us here still remain in favor with our customers.” This was highlighted by Steve Sosnick, Chief Strategist at Interactive Brokers, in a late December 2025 interview with CNBC. Sosnick said the market environment is marked by continuous retail inflows, while citing data from his firm’s platform. According to this data, in most weeks, the vast majority of the 25 most actively traded stocks on the platform are net buys, meaning more clients are buying than selli ...

Core Insights - The analyst has a master's degree in economics and 15 years of experience in both public and private sectors, providing a global perspective on investment insights [1] - The investment approach focuses on a balanced portfolio that includes growth stocks, quality stalwarts, and dividend growth strategies [1] - The analyst is currently teaching investing and economics, aiming to guide the next generation of investors [1] Investment Strategy - The portfolio is balanced between individual stocks and ETFs, combining stability with growth [1] - The analyst expresses a beneficial long position in EIX shares, indicating confidence in the stock's performance [2] - Plans to take some profits at current price levels suggest a strategic approach to managing investments [2]

Group 1: Microsoft Corporation - Stifel analyst Brad Reback downgraded Microsoft from Buy to Hold and lowered the price target from $540 to $392 [1] Group 2: Quanta Services, Inc. - Quanta Services reported better-than-expected fourth-quarter financial results with earnings of $3.16 per share, beating the analyst consensus estimate of $3.02 per share [2] - The company reported quarterly sales of $7.842 billion, surpassing the analyst consensus estimate of $7.368 billion [2] - Quanta Services shares gained 6.7% to settle at $554.00 [4] Group 3: Edison International - Edison International reported quarterly earnings of $1.86 per share, exceeding the analyst consensus estimate of $1.48 per share [3] - The company reported quarterly sales of $5.213 billion, beating the analyst consensus estimate of $4.354 billion [3] - Edison International shares gained 4.3% to close at $72.66 [4]

Core Insights - Edison International (EIX) reported fourth-quarter 2025 adjusted earnings of $1.87 per share, exceeding the Zacks Consensus Estimate of $1.47 by 27.4%, and increased 78.1% from $1.05 in the year-ago quarter [1] - The company recorded GAAP earnings of $4.80 per share compared to 88 cents in the fourth quarter of 2024 [1] - For the full year 2025, adjusted earnings were $6.55 per share, significantly higher than the previous year's $4.93 [1] Revenue Performance - EIX's fourth-quarter operating revenues reached $5.21 billion, surpassing the Zacks Consensus Estimate of $4.38 billion by 19%, and increased 30.9% from $3.98 billion in the same quarter last year [2] - Total operating revenues for 2025 were reported at $19.32 billion, up from $17.6 billion in 2024 [2] Operational Highlights - Total operating expenses for 2025 decreased by 16.7% year over year to $12.22 billion [3] - Purchased power and fuel costs fell by 5.3%, while depreciation and amortization expenses rose by 12.9% [3] - Operating income for 2025 was $7.09 billion, compared to $2.93 billion in the prior year [3] Segment Results - Southern California Edison reported fourth-quarter adjusted earnings of $2.14 per share, up from $1.28 in the year-ago quarter, attributed to benefits from interest expense related to cost recoveries and revenue recognition [4] - Edison International Parent and Other incurred an adjusted loss of 28 cents per share, compared to a loss of 23 cents in the previous year, due to a loss on preferred stock redemption [5] Financial Update - As of December 31, 2025, cash and cash equivalents were $158 million, down from $193 million a year earlier [6] - Long-term debt increased to $36.07 billion from $33.53 billion at the end of 2024 [8] - Net cash flow from operating activities was $5.8 billion, up from $5.01 billion in the previous year [8] - Total capital expenditures were $6.52 billion, higher than $5.71 billion in the prior year [8] Guidance - The company expects 2026 earnings to be in the range of $5.90-$6.20 per share, below the current Zacks Consensus Estimate of $6.24 [9]

Edison International (EIX) is trading near new 52-week highs. The stock is up more than 35% over the past year. EIX offers a 4.9% dividend yield, outpacing the 30-year U.S. Treasury. Shares maintain a 100% “Buy” technical opinion from Barchart. Today’s Featured Stock Valued at $27.48 billion, Edison International (EIX) is one of the nation’s largest electric utility holding companies, providing clean and reliable energy and energy services through its independent companies. Edison International ...

Edison International is cutting top executive bonuses by 40% to reflect the impact of the devastating Los Angeles-area wildfire that killed 19 people and damaged or destroyed more than 10,000 structures.The decision follows a hard season for Edison’s Southern California utility, which may be found responsible for the Eaton Fire that burned for almost four weeks in January 2025, wiping out entire neighborhoods. The company has acknowledged that it’s possible its equipment may have sparked the fire, and is fa ...

Edison International (EIX) came out with quarterly earnings of $1.87 per share, beating the Zacks Consensus Estimate of $1.47 per share. This compares to earnings of $1.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +27.38%. A quarter ago, it was expected that this electric power provider would post earnings of $2.16 per share when it actually produced earnings of $2.34, delivering a surprise of +8.33%.Over the last four q ...

Financial Data and Key Metrics Changes - Edison International reported a core earnings per share (EPS) of $6.55 for 2025, exceeding guidance and marking a successful delivery of the long-term core EPS growth target established in 2021 [4] - The fourth quarter core EPS was $1.86, with the full-year 2025 core EPS exceeding the high end of the guidance range [14][15] - The company reaffirmed its 2028 guidance and extended its core EPS growth target of 5%-7% through 2030 [15][20] Business Line Data and Key Metrics Changes - SCE has invested over $12 billion in customer safety and reliability over the last two years, with a focus on wildfire risk reduction and operational excellence [6][16] - The utility plans to execute a $7 billion capital plan for 2026 to meet customer needs [16] - The extended capital plan from 2026 through 2030 is projected to be between $38 billion and $41 billion, focusing on load growth-driven programs and infrastructure replacement [17] Market Data and Key Metrics Changes - SCE has the lowest system average rate among California's major investor-owned utilities, with a 2.3% rate decrease for residential customers and a 5.3% decrease for small and medium-sized businesses [6] - The typical non-CARE residential customer currently pays about $188 per month, slightly higher than $180 two years ago [6] Company Strategy and Development Direction - The company emphasizes commitments to customers, communities, and investors, focusing on safety, reliability, and affordability [5][7] - Edison International is actively engaging with policymakers to reinforce a stable regulatory framework that supports long-term investment [8][11] - The company is confident in its multi-year financial outlook, supported by a robust pipeline of necessary investments [12][20] Management's Comments on Operating Environment and Future Outlook - Management highlighted the importance of maintaining a durable regulatory environment to protect customers from higher costs and ensure stable returns for investors [7][8] - The upcoming legislative session is seen as pivotal for shaping California's energy and resiliency policy, with a focus on mitigating catastrophic wildfires [11][44] - Management expressed confidence in achieving the extended EPS growth targets and maintaining a strong balance sheet without equity needs through 2030 [20] Other Important Information - Edison International announced enhancements to the Wildfire Recovery Compensation Program, providing stronger support for displaced renters and increasing coverage for legal expenses [8][64] - The company is collaborating with the L.A. District Attorney's office regarding the investigation into the Eaton Fire, maintaining confidence in its operational prudence [76][78] Q&A Session Summary Question: Inquiry about Eaton losses and total liability visibility - Management indicated that over 2,300 claims have been submitted under the Wildfire Recovery Compensation Program, with no current estimate for total liability due to the complexity of claims [26][28] Question: Clarification on EPS growth and financing considerations - Management explained that muted growth in 2026 is due to fewer regulatory decisions and variances in asset mix, but expects to be at the high end of the growth range in subsequent years [35][36] Question: Updates on the AMI 2.0 application and capital plan - The AMI 2.0 application is expected to be filed in the coming months, with a decision anticipated in about 18 months, and the total request is projected to be around $3 billion [42] Question: Comments on SB 254 processes and legislative updates - Management noted robust participation from stakeholders in the SB 254 process and emphasized the need for a predictable framework to support capital access and affordability [44][47] Question: Details on the L.A. District Attorney's investigation - Management confirmed collaboration with the attorney's office and expressed confidence in demonstrating that SCE's actions were consistent with those of a reasonable utility operator [76][78]