The concern, naturally, isn’t merely that these companies are expensive – though, dear reader, they are. It’s the specter of disruption, the inevitable arrival of newcomers eager to dismantle the established order. A most unpleasant business, this “creative destruction,” as the economists so blandly term it. It’s like watching a perfectly good samovar being smashed to make room for a… a microwave oven. Utterly barbaric, yet undeniably efficient.
This, apparently, involves light. Specifically, bouncing light around inside data centers. I’m not a physicist, or even particularly handy with a flashlight, but the gist is they’ve teamed up with Coherent (COHR +1.35%) – another company I’d need a flowchart to place – and figured out how to make data transmission faster. Much faster. Instead of electrical signals, they’re using fiber optics. It’s like switching from a bicycle to a rocket, except instead of getting somewhere, they’re just…moving information around. Which, in the grand scheme of things, is probably more important.
According to a filing with the Securities and Exchange Commission (SEC) – a body dedicated to ensuring that everyone understands exactly how much money is moving around, which, ironically, often leads to more confusion – Quantedge Capital completely divested its DNOW holdings. This resulted in a quarter-end position value decrease of $5.36 million. It’s worth noting that $5.36 million, when divided by the number of stars in the observable universe, yields a figure so small it’s practically meaningless. But it was real money, at one point.
The allure of Exchange Traded Funds – ETFs – remains potent. They offer a dilution of risk, a shielding against the capricious fortunes of individual enterprises. Yet, not all shields are forged of equal metal. Many, I’ve observed, are constructed with a concerning lack of discernment, offering a superficial exposure to the AI revolution while obscuring the true engines of its advancement.
The market, as usual, is painting with a broad brush. It sees ‘AI’ and assumes everything connected to it is either gold or garbage. It forgets that some businesses are built on bedrock, while others are just sandcastles waiting for the tide. This one, Vertiv, might be worth a look. It’s not glamorous, but then, very little that actually works is.
As of this afternoon, SLB stock is enjoying a 6% lift. A respectable gain, though one suspects the market operates on a principle of collective amnesia. It forgets the downturns with the same enthusiasm it embraces the booms.
The filing with the Securities and Exchange Commission, dated February 17th, 2026, reveals the acquisition of 10,630,381 additional shares. A number, I confess, that possesses a certain austere elegance. The resultant increase in Sessa’s quarter-end position value—a robust $206.47 million—is a composite figure, a palimpsest of trading activity overlaid with the capricious whims of the market. One suspects the latter contributed a rather more dramatic flourish than is typically acknowledged.
The first, and most prosaic, step is bolstering the emergency fund. Three to six months of living expenses, readily accessible. It’s terribly dull advice, I admit. One longs to recommend something more… esoteric. Perhaps a ritual involving rare orchids and the alignment of planetary bodies. But no. Cash, alas, remains king, particularly when the barbarians are rattling their swords at the gate. The urge to liquidate during a downturn is… understandable. A primal scream against the encroaching darkness. But selling into a falling market is like surrendering your best hat to a whirlwind. It feels momentarily satisfying, but ultimately leaves you exposed to the elements. Better to huddle down, conserve resources, and wait for the storm to pass.
Much commentary has focused on the deceleration of Tesla’s electric vehicle deliveries and revenue—a natural ebb in the tide of early adoption. But to dwell solely on these figures is to mistake a temporary fluctuation for a fundamental failing. The true contest lies not simply in the volume of vehicles dispatched, but in the very nature of their creation and the economic realities underpinning their propagation. The proliferation of competitors, including Ford, is a given. The critical question is whether this competition manifests as genuine innovation or merely as a subsidized race to the bottom.
Three firms, Suzhou Maxwell Technologies, Shenzhen SC New Energy Technology, and Laplace Renewable Energy Technology, appear poised to benefit, should these negotiations prove fruitful. However, a difficulty presents itself for those investors residing across the Atlantic. These companies, it transpires, are not readily accessible on American exchanges, being listed on the Shenzhen and STAR Markets of China. A regrettable circumstance for those seeking direct participation, though not entirely unforeseen in these increasingly compartmentalized financial arrangements.