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A very boring company might be worth paying attention to

F5 is aiming its products at the surge of AI-related data center investment, and it’s working.

1/29/25 2:55PM

F5 Inc. is getting a moment in the sunshine, as the mind-numbingly boring “application services” company tops the S&P 500 list of performers on Wednesday.

The Seattle company, which has been around since the late 1990s tech boom, sells traffic management and security software that choreographs and combs through data pumping through the server systems that power the internet.

Of course, more recently F5 has been aiming their products at the surge of AI-related data center investment, which has had a healthy effect on the bottom line.

After beating expectations on both the top and bottom line in earnings results reported Tuesday, the company’s CEO, François Locoh-Donou, suggested that demand for the company’s services offerings looked to be relatively robust, even in light of uncertainty introduced by DeepSeek’s open-source models that set off a mini market panic on Monday.

“The stance of F5 is if, in fact, we can have more open-source models that allow more enterprises to adopt AI faster and build their applications and it creates a faster proliferation of AI applications, that is really good news for F5,” he said. “Because it means that we will have more opportunity to do high-performance data delivery for data stores and more opportunity to secure AI workloads. And if, in fact, it is cheaper to build and train these models than we thought it would be, that is also good news because it will accelerate adoption of AI.”

The market seems to have taken him at his word, and the stock isn’t getting the same scrutiny as Nvidia is on Wednesday, perhaps suggesting that investors don’t view its fate as specifically linked to the construction of additional data centers that DeepSeek might put on pause.

F5’s shares are up more than 11% on Wednesday, its third-biggest daily jump in the last decade. The stock is up roughly 25% in the last three months.

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Rocket lab soars to new record close amid rally for retail faves

Rocket Lab ripped by roughly 10% Friday to close at a new all-time high, riding an upturn of retail enthusiasm for a coterie of tech-themed favorites, even as the broader market was more or less flat on the day.

Goldman Sachs’ basket of “retail favorites” — its heaviest weights are Reddit, AppLovin, and Tempus AI — was the second-biggest gainer among the company’s flagship US equity baskets on Friday, rising about 1.6%. The S&P was almost dead flat.

It’s not Rocket Lab’s first retail rodeo, as the money-losing company has more than doubled this year and is up nearly 700% over the last 12 months.

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Six Flags pops after reiterating its guidance as theme park attendance rebounds

Six Flags shares rose more than 7% today after the company reported a rebound in attendance and early season pass sales heading into the fall. The nine-week period ended August 31 saw 17.8 million guests, up about 2% from the same stretch last year, with stronger momentum in the final four weeks. 

More importantly, Six Flags reaffirmed its full-year adjusted EBITDA guidance of $860 million to $910 million, showing confidence that its cost and operations strategy can stay strong for the duration of the year. Riding that wave, Six Flags also said early 2026 season pass unit sales are pacing ahead of last year, and average season pass prices are up about 3%.

The good vibes come despite a drop in in-park per-capita spending, especially from admissions, where promotions and changes to attendance mix (which parks or days guests visit) have weighed. Earlier this week, the amusement giant signed a new agreement that extended its position as the exclusive amusement park partner for Peanuts™ in North America through 2030.

Despite the rally, Six Flags shares are down about 52% year to date.

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Rivian turns red on the year, squeezed by a recall and the looming end of the EV tax credit

Shares of EV maker Rivian are down more than 5% on Friday following the company’s recall of 24,214 vehicles due to a software issue. The stock move erases Rivian’s year-to-date gain and turns the company negative on the year.

Rivian’s 2025 model year R1S and R1T are affected by the defect, which was identified after a vehicle’s hands-free highway assist software failed to identify another vehicle on the road, causing a low-speed collision. Rivian said it’s released an over-the-air update to fix the issue.

The recall marks Rivian’s fifth this year, affecting nearly 70,000 of its vehicles.

Rivian’s shares are down more than 20% from their 2025 high, which came prior to the passage of President Trump’sbig, beautiful bill.” Through the legislation, the $7,500 EV tax credit is set to expire at the end of the month.

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