Group 1 - Clarivate shares have rebounded significantly, recovering from a 33% loss earlier in February, with a 29.9% increase noted recently [1][2] - The company reported strong fourth-quarter 2025 financial results, with revenue of $617 million, surpassing analysts' expectations of $604.8 million, and adjusted EPS of $0.20, exceeding the anticipated $0.16 [2][3] - Clarivate's free cash flow for Q4 2025 was $89.2 million, marking a 50.9% year-over-year increase, despite a 6.9% decline in sales [3] Group 2 - For 2026, management projects adjusted diluted EPS between $0.70 and $0.80, indicating an expected 8.7% year-over-year increase, and anticipates free cash flow growth to between $365 million and $435 million, representing a 9.5% year-over-year growth based on 2025 figures [4] - Despite the recent rise in stock price, Clarivate shares are still trading at a discount, at 2.6 times operating cash flow compared to a five-year average of 7.6 [5]

Core Insights - RELX PLC (NYSE:RELX) is highlighted as a promising investment opportunity, particularly following the launch of a new identity management platform by its subsidiary, LexisNexis Risk Solutions, aimed at the healthcare sector [1][5] Group 1: Product Launch and Features - The new identity management platform integrates advanced tools for verifying, matching, and enriching patient identities, utilizing AI-powered authentication to enhance security throughout the healthcare journey [1][2] - Key features of the platform include improved identity verification, resolution, and fraud protection, which streamline onboarding for healthcare professionals and automate processes to prevent fraud [2] Group 2: Company Overview - RELX PLC operates as a global information and analytics company, providing decision tools and data-driven solutions across various markets, including scientific, technical, medical, legal, and risk management [2]

Unity’s own users have access to a range of interactive connections, including livestreams and discussions, to get the most out of the platform by finding out what other users are doing with it. It’s part of Unity’s overall commitment to providing transparency in the service.A short trip through Unity’s website shows that the company can offer a wide range of services, including 2D and 3D game creation, user acquisition apps so that creators can bring in an audience, and monetization apps that allow creator ...

Core Viewpoint - CoStar Group Inc. (NASDAQ:CSGP) is identified as a promising investment opportunity under $50, despite recent market declines attributed to AI-related concerns [1][4]. Group 1: Analyst Ratings and Price Targets - Wells Fargo reduced its price target for CoStar Group from $55 to $48, maintaining an Underweight rating, citing unwarranted market reactions to AI developments [1][3]. - BTIG analyst Jake Fuller upgraded CoStar Group from Neutral to Buy with an $80 price target, highlighting low market expectations and the potential impact of an upcoming AI-driven product update [2]. Group 2: Financial Performance Expectations - Wells Fargo raised its revenue estimates for CoStar Group for Q4 and FY 2026, anticipating a ramp-up in bookings and double-digit organic growth, potentially exceeding market expectations [3]. Group 3: Company Overview - CoStar Group Inc. provides information, analytics, and online marketplace services across multiple regions including the US, Canada, Europe, Asia Pacific, and Latin America [4].

The manager running Janus Henderson’s flagship sustainable fund says the AI-related market turmoil has left some valuations too low, with information services companies key among them https://t.co/KohfSBk9HP ...

Core Insights - FOREWARN, LLC has partnered with West Penn Multi-List, Inc. (WPMLS) to provide its services to over 8,000 real estate professionals in western Pennsylvania, focusing on enhancing agent safety [1][3] - The FOREWARN platform offers real-time data analysis, enabling agents to verify identities, check criminal histories, and validate client information using just a phone number, thus improving safety during property showings [2][5] - WPMLS members will have access to FOREWARN services at no additional cost, reinforcing the organization's commitment to member safety and confidence in client interactions [2][3] Company Overview - FOREWARN specializes in real-time information solutions for real estate agents, utilizing extensive data analytics to enhance safety and decision-making [5] - The parent company, red violet, develops proprietary technologies for identity intelligence, supporting various applications including risk mitigation, fraud detection, and regulatory compliance [6]

Core Insights - The Baron Financials ETF experienced a decline of 2.22% in the fourth quarter of 2025, underperforming the FactSet Global FinTech Index, which fell by 7.19%, but slightly trailing the MSCI USA Financials Index, which gained 2.07% [2][3][7] - Since its inception on December 31, 2019, the Fund has achieved an annualized return of 10.21%, outperforming the FinTech Index's 2.55% but lagging behind the Financials Index's 11.97% [2][3] Performance Overview - In the fourth quarter, the Fund's performance was driven by favorable stock selection within Information Services and an overweighting in Tech-Enabled Financials, while underexposure to banks negatively impacted relative performance [7][8] - The Fund's average weighting in banks was only 6%, which cost nearly 2 percentage points of relative performance against the Financials Index, where banks had a 38% weighting and were the top-performing industry [7][8] Sector Analysis - The Fund's holdings are segmented into various industries, with Capital Markets representing 31.7%, Information Services at 20.7%, and Payments at 17.4% as of December 31, 2025 [20][23] - The Fund has a significant overweight in Information Services and Capital Markets compared to the Financials Index, while being underweight in Banks and Insurance [20][21] Key Contributors and Detractors - Top contributors to the Fund's performance included Fair Isaac Corporation, S&P Global Inc., and Jack Henry & Associates, with Fair Isaac contributing 0.37% to returns due to strong quarterly results and positive fiscal guidance [12][13][14] - Major detractors included Robinhood Markets, which fell 0.93% due to a decline in customer engagement and cryptocurrency trading volumes, and MercadoLibre, which faced competitive pressures and margin concerns [16][17] Recent Activity - The Fund made significant net purchases in Morgan Stanley, Capital One Financial Corporation, and The Charles Schwab Corporation, focusing on firms with strong growth prospects and diversified revenue streams [25][31] - The Fund trimmed positions in Guidewire Software and Interactive Brokers to manage exposure to the volatile software sector and to fund purchases with better expected returns [32][33] Market Outlook - The macroeconomic environment is viewed as generally healthy, with stable credit trends and a low unemployment rate of 4.4% as of December 2025, supporting growth in the financial sector [34][35] - The Fund anticipates continued growth driven by favorable fiscal policies and easing monetary conditions, with expectations for two rate cuts in the upcoming year [35][36]

Core Insights - The Baron Financials ETF experienced a decline of 2.22% in the fourth quarter of 2025, underperforming the MSCI USA Financials Index which gained 2.07% and the S&P 500 Index which rose by 2.66% [2][3][7] - Since its inception, the Fund has achieved a 10.21% annualized return, outperforming the FactSet Global FinTech Index which only rose by 2.55% [2][3] Performance Overview - In the fourth quarter, the Fund's performance was influenced by favorable stock selection within Information Services and an overweighting in Tech-Enabled Financials, despite underperformance against the Financials Index due to low exposure to banks [7][8] - The Fund's annualized performance over various periods shows a 0.91% gain over one year, 16.52% over three years, and 4.01% over five years [3] Market Context - The fourth quarter of 2025 saw a steady finish for equity markets, driven by easing economic pressures and lower interest rates, with large-cap technology stocks leading the market [6] - The Federal Reserve's rate cuts contributed to a favorable environment for financial markets, with large-cap stocks outperforming mid and small-cap stocks [6] Fund Strategy and Holdings - The Fund maintains a growth-oriented investment strategy focused on financial and financial-related companies, emphasizing those with sustainable competitive advantages and strong management [5] - As of December 31, 2025, the Fund held 43 positions, with the top 10 holdings representing 43.8% of net assets [19][22] Sector Allocation - The Fund's sector allocation includes 31.7% in Capital Markets, 20.7% in Information Services, and 17.4% in Payments, with a notable underweight in Banks at 8.2% [20][23] - The Fund's holdings are primarily classified as Leaders (75.6% of net assets) and Challengers (24.2% of net assets), indicating a focus on established companies with stable growth [21] Recent Activity - The Fund made significant net purchases in Morgan Stanley and Capital One Financial Corporation, reflecting a strategy to invest in firms with strong growth potential and diversified revenue streams [25][31] - The Fund trimmed positions in Guidewire Software and Interactive Brokers to manage exposure to the volatile software sector [32] Outlook - The macroeconomic environment is viewed as generally healthy, with expectations for continued growth supported by fiscal stimulus and easing monetary policy [34][35] - Political developments are seen as a potential risk, particularly regarding regulatory changes that could impact the financial sector [36]

Core Viewpoint - Information Services Corporation (ISC) has announced its annual guidance and outlook for 2026, projecting revenue growth and adjusted EBITDA increases as part of its growth plan to double the company's size by 2028 [1][3]. Financial Guidance - For 2026, ISC expects revenue to be in the range of CAD 273.0 million to CAD 283.0 million, compared to CAD 257.0 million to CAD 267.0 million in 2025 [2]. - Adjusted EBITDA for 2026 is projected to be between CAD 100.0 million and CAD 107.0 million, up from CAD 89.0 million to CAD 97.0 million in 2025 [2]. Growth Outlook - The company anticipates continued organic growth in line with historical trends, driven by a strong Saskatchewan economy and a buoyant residential real estate market, particularly in the Registry Operations segment [5][6]. - Revenue growth in the Services segment is expected from organic growth in Regulatory and Recovery Solutions divisions, with new customer onboarding contributing significantly [6]. - Technology Solutions is projected to see revenue growth from third-party contracts and enhancements to Saskatchewan Registries [7]. Performance Expectations - Preliminary unaudited results for 2025 indicate that adjusted EBITDA is expected to exceed the top end of the 2025 guidance range by approximately 5%, largely due to increased high-value registrations in December 2025 [4]. - ISC expects robust free cash flow in 2026, which will support balance-sheet deleveraging and help achieve a long-term net leverage target of 2.0x to 2.5x by mid-2026 [8]. Strategic Review Update - The Board of Directors is conducting a Strategic Review to explore opportunities for maximizing shareholder value, which may include asset divestments, acquisitions, or a potential sale of the company [9][11]. - The Special Committee is advancing its work with urgency to explore all potential outcomes before making a recommendation to the Board [11].

Market Overview - The S&P/TSX composite index increased by 204.72 points, reaching 32,388.60 [1] - The Dow Jones industrial average decreased by 166.67 points, settling at 49,240.99 [2] - The S&P 500 index fell by 58.63 points to 6,917.81, while the Nasdaq composite dropped by 336.92 points to 23,255.19 [2] Gold and Silver Market - Gold's price surged by 6.1% in the latest swing, while silver's price rallied by 8.2% [3] - Gold and silver prices had been rising for over a year due to investor concerns about tariffs, a weaker U.S. dollar, and high government debt [4] - Gold's price had previously doubled over 12 months but dropped from nearly US$5,600 to below US$4,500 recently, with silver plunging 31.4% in one day [4] Analyst Insights - Analyst Goulding indicated that the recent pullback in gold prices is natural and does not reflect a long-term trend, citing ongoing demand from central banks [5] - RBC analyst Drew McReynolds noted that content-driven technology providers like Thomson Reuters need to adapt their business models in response to AI disruptions [6] Technology Sector Impact - Major tech stocks, including Nvidia and Microsoft, experienced declines of 2.8% and 2.9% respectively, amid concerns over high stock valuations [7] - Thomson Reuters shares fell by 15.8% due to fears of potential disruption from AI technologies [5]