New York Mayor Zohran Mamdani on Sunday ordered the shutdown of the city’s entire traffic network for all but emergency travel ahead of a massive snowstorm expected to hit the northeast United States. Tens of millions of Americans from the US capital, Washington, to the northern state of Maine braced for the storm, with up to 60cm (2 feet) of snow forecast in some areas. The National Weather Servi...
New York Mayor Zohran Mamdani on Sunday ordered the shutdown of the city’s entire traffic network for all but emergency travel ahead of a massive snowstorm expected to hit the northeast United States. Tens of millions of Americans from the US capital, Washington, to the northern state of Maine braced for the storm, with up to 60cm (2 feet) of snow forecast in some areas. The National Weather Service said blizzard conditions would “quickly materialise” from Maryland up to southeastern New...
Surachai Chaikit/iStock via Getty Images The Large Cap Equity Fund's Institutional Class returned +0.55% in the fourth quarter, compared to +2.39% for the Bloomberg U.S. 1000 Index. The artificial intelligence ("AI") infrastructure trade took a breather after a red-hot summer. In a welcome change, the health care sector drove index returns during the quarter. Our meaningful overweight to the secto...
Surachai Chaikit/iStock via Getty Images The Large Cap Equity Fund's Institutional Class returned +0.55% in the fourth quarter, compared to +2.39% for the Bloomberg U.S. 1000 Index. The artificial intelligence ("AI") infrastructure trade took a breather after a red-hot summer. In a welcome change, the health care sector drove index returns during the quarter. Our meaningful overweight to the sector, coupled with strong stock picking, contributed positively to results. We think these gains may be an early sign of improving momentum throughout the portfolio. 2025 Review and Game Plan For the calendar year, the Fund's Institutional Class returned -0.23% compared to +17.51% for the index. These results were unacceptable. While our investing style was clearly out of favor, that is no excuse. Our stock picking simply did not get the job done last year. We have managed successfully through difficult stretches like this before, and we are committed to delivering improved results for our investors. "Mindfully Adaptable" is one of our firm's five core values. To us, that means excellence through continuous learning, thoughtful progress, and purposeful innovation. While our investment philosophy is steadfast and resolute, our process must continually evolve to improve. When times are tough, we are not sitting back hoping that things get better. We are taking affirmative steps to make them better. It has been an active year, and much more work is needed. We have seen encouraging "green shoots" during an otherwise challenging period. We fine-tuned our standards for portfolio entry - more stringent in a few ways, more flexible in others. While it is still early, the new stocks we bought in 2025 have added meaningful value to the Fund's returns and have collectively performed better than the benchmark. We exited more stocks than usual this year, and to date, these sales have been demonstrably good ones. It is possible to be disciplined, patient, and more ruthless when necessary. W...
MOHAMED HUSSAIN YOUNIS/iStock Editorial via Getty Images Dubai-based aircraft lessor DAE Capital is reportedly close to securing a controlling interest in Macquarie AirFinance, Reuters reported Sunday, citing industry sources. The potential transaction follows a competitive bidding process that also included Saudi Arabia’s AviLease and Qatar’s Lesha Bank. Neither DAE nor Macquarie commented on the...
MOHAMED HUSSAIN YOUNIS/iStock Editorial via Getty Images Dubai-based aircraft lessor DAE Capital is reportedly close to securing a controlling interest in Macquarie AirFinance, Reuters reported Sunday, citing industry sources. The potential transaction follows a competitive bidding process that also included Saudi Arabia’s AviLease and Qatar’s Lesha Bank. Neither DAE nor Macquarie commented on the matter. The timing reflects strong demand for aircraft leasing assets. With Boeing and Airbus still facing production constraints, airlines are increasingly relying on lessors to secure capacity, supporting elevated valuations across the sector. A deal would further expand DAE’s global footprint in aviation finance, building on its 2017 acquisition of AWAS, then one of the world’s largest aircraft leasing platforms. For investors, the transaction underscores sustained momentum in aircraft leasing as supply bottlenecks continue to bolster pricing power and asset values. More news and analysis ZIM Integrated: Hapag-Lloyd $35 Offer Likely To Be Accepted Baron Emerging Markets Fund Q4 2025 Shareholder Letter My 4 Favorite 2-ETF Pairs For The Rest Of 2026 Enel announces $1.18B share buyback ahead of strategic update Treasury signals tariff strategy to continue as courts weigh potential refunds
Novartis (NYSE: NVS) is a major Swiss drug company with a market capitalization of over $300 billion. Its focus areas are extensive, spanning oncology, immunology, neuroscience, respiratory care, and cardiovascular, renal, and metabolic diseases. With a strong operating history and a diversified business, The pharmaceutical giant could be an attractive stock for more conservative investors. Let's ...
Novartis (NYSE: NVS) is a major Swiss drug company with a market capitalization of over $300 billion. Its focus areas are extensive, spanning oncology, immunology, neuroscience, respiratory care, and cardiovascular, renal, and metabolic diseases. With a strong operating history and a diversified business, The pharmaceutical giant could be an attractive stock for more conservative investors. Let's dive in and take a closer look to see why. Novartis is one of the world's largest healthcare companies . That alone doesn't make it worth buying, but it speaks to the scale of the business and its historical success. A company doesn't achieve this level of scale and industry dominance by accident. Management is doing something right, and the drugmaker has been operating at a high level for years. Continue reading
The outcry and activism of the 2010s – itself enabled by earlier generations of feminists – brought us to this moment. But if the Trump administration has its way, opposing forces will prevail This week, for the first time since 1647, a member of the royal family was arrested in the United Kingdom, not over allegations of sexual wrongdoing but for trade-related communications with the supplier of ...
The outcry and activism of the 2010s – itself enabled by earlier generations of feminists – brought us to this moment. But if the Trump administration has its way, opposing forces will prevail This week, for the first time since 1647, a member of the royal family was arrested in the United Kingdom, not over allegations of sexual wrongdoing but for trade-related communications with the supplier of those victims, Jeffrey Epstein, to whom he is supposed to have leaked state secrets. The public outrage in the US about Epstein forced the government to release the files, including emails between Andrew Mountbatten-Windsor and Epstein now under investigation in the criminal case. The arrestee formerly known as Prince Andrew was accused by Virginia Guiffre with having had sex with her when she was a minor being trafficked by Epstein. He has always denied wrongdoing. Until his arrest on suspicion of misconduct in public office, only his family had held him accountable for his ongoing association with Epstein after Epstein’s 2008 conviction for soliciting a minor for prostitution. “Today our broken hearts have lifted,” Virginia Giuffre’s family stated, “at the news that no one is above the law, not even royalty.” Rebecca Solnit is a Guardian US columnist. She is the author of Orwell’s Roses and the forthcoming The Beginning Comes After the End: Notes on a World of Change Continue reading...
Gold medalists, Team United States, pose for a team photo during the medal ceremony following the Men's Gold Medal match between Canada and the United States on day 16 of the Milano Cortina 2026 Winter Olympic games at Milano Santagiulia Ice Hockey Arena on February 22, 2026 in Milan, Italy. Bruce Bennett | Getty Images Sport | Getty Images The United States ended a nearly half-century wait for Ol...
Gold medalists, Team United States, pose for a team photo during the medal ceremony following the Men's Gold Medal match between Canada and the United States on day 16 of the Milano Cortina 2026 Winter Olympic games at Milano Santagiulia Ice Hockey Arena on February 22, 2026 in Milan, Italy. Bruce Bennett | Getty Images Sport | Getty Images The United States ended a nearly half-century wait for Olympic men's ice hockey gold with a 2-1 overtime victory against Canada in a thrilling final on Sunday, with Jack Hughes delivering their third title and first since 1980 with the winning shot. Hughes left it all — including at least one of his teeth — out on the ice in a nerve-jangling triumph exactly 46 years to the day since the iconic U.S. "Miracle on Ice" victory over the Soviet Union en route to gold in Lake Placid. It came down to three-on-three play where Hughes collected a pass from Zach Werenski and fired into the net one minute and 41 seconds into the extra period, flashing a bloody, chipped grin after receiving a high stick to the face in the third period. The goal resulted in gloves, helmets and sticks flying over the ice as his teammates ran to smother the American hero. "The best experiences I have are playing for my country, playing to break the golden drought with this group of guys and for us to win gold here at the Olympics," said Hughes. He arrived at a post-game media conference speaking with a newly acquired lisp as the smell of celebratory beer wafted in the air. "Just an unbelievable moment," he added. Matt Boldy had put the U.S. ahead after six minutes with the Americans' first shot of the game before Canada levelled through Cale Makar to set up a nail-biting final period. U.S. goalie Connor Hellebuyck made 40 saves over the 60 minutes, a fitting end to a terrific tournament for the keeper who never let up a power play goal in Milan. Canada were missing captain Sidney Crosby, 38, who scored the overtime goal against the U.S. to secure gold on home ic...
JFrog (NASDAQ:FROG) , a leader in DevOps software solutions, reported a sale by its co-founder and Chief Technology Officer Yoav Landman on Feb. 12 and Feb. 13, 2026. Mr. Landman reported the sale of 45,000 shares of Common Stock in multiple open-market transactions, according to a SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average purchase price ($54.97). * 1-year price ch...
JFrog (NASDAQ:FROG) , a leader in DevOps software solutions, reported a sale by its co-founder and Chief Technology Officer Yoav Landman on Feb. 12 and Feb. 13, 2026. Mr. Landman reported the sale of 45,000 shares of Common Stock in multiple open-market transactions, according to a SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average purchase price ($54.97). * 1-year price change calculated using Feb. 13, 2026 as the reference date. Continue reading
Key PointsPerceptive Advisors purchased 431,432 Praxis Precision Medicines shares in the fourth quarter; the estimated trade size was $80.34 million (based on the mean unadjusted close for the quarter).
Key PointsPerceptive Advisors purchased 431,432 Praxis Precision Medicines shares in the fourth quarter; the estimated trade size was $80.34 million (based on the mean unadjusted close for the quarter).
Fresh Geneva negotiations suggest Trump’s team believes the Iranian government is making serious proposals Iran and the US are expected to meet for a further round of talks in Geneva this week in a sign that Donald Trump’s team believes Tehran is making serious proposals to dilute its stockpile of highly enriched uranium and show it is not seeking a nuclear weapon. As fears loomed of renewed confl...
Fresh Geneva negotiations suggest Trump’s team believes the Iranian government is making serious proposals Iran and the US are expected to meet for a further round of talks in Geneva this week in a sign that Donald Trump’s team believes Tehran is making serious proposals to dilute its stockpile of highly enriched uranium and show it is not seeking a nuclear weapon. As fears loomed of renewed conflict after Washington carried out a major redeployment of military assets to the region, the Iranian foreign minister, Abbas Araghchi, said he thought there was still a good chance of finding a diplomatic solution. Continue reading...
For two years, the Nvidia (NVDA) story has been simple: a handful of massive U.S. cloud providers racing to buy as many of its chips as possible. That story isn't over. But it's no longer the whole story. Nvidia's latest moves in India are pointing to what the next phase of AI demand actually looks ...
For two years, the Nvidia (NVDA) story has been simple: a handful of massive U.S. cloud providers racing to buy as many of its chips as possible. That story isn't over. But it's no longer the whole story. Nvidia's latest moves in India are pointing to what the next phase of AI demand actually looks ...
Shares of cybersecurity specialist CrowdStrike (NASDAQ: CRWD) are down meaningfully early in 2026, despite the company announcing another quarter of strong growth and cash generation when it reported quarterly results last December. Is the disconnect between the stock's recent performance and the underlying business the basis for a buying opportunity? With the company scheduled to release its fisc...
Shares of cybersecurity specialist CrowdStrike (NASDAQ: CRWD) are down meaningfully early in 2026, despite the company announcing another quarter of strong growth and cash generation when it reported quarterly results last December. Is the disconnect between the stock's recent performance and the underlying business the basis for a buying opportunity? With the company scheduled to release its fiscal fourth-quarter and full-year results on March 3, this is a timely question. After all, better-than-expected results could cause shares to rebound when the company reports earnings. Of course, investors can't rule out the possibility that the stock will fall when CrowdStrike reports earnings, either. Continue reading
Police officers and civilians walk near the burned wreckage of a vehicle used as a barricade by members of organized crime, following a series of detentions by federal forces, in Guadalajara, Mexico, on Feb. 22, 2026. Michelle Freyria | Reuters The Mexican army killed the leader of the Jalisco New Generation Cartel, Nemesio Rubén Oseguera Cervantes, "El Mencho, " in an operation Sunday, a federal ...
Police officers and civilians walk near the burned wreckage of a vehicle used as a barricade by members of organized crime, following a series of detentions by federal forces, in Guadalajara, Mexico, on Feb. 22, 2026. Michelle Freyria | Reuters The Mexican army killed the leader of the Jalisco New Generation Cartel, Nemesio Rubén Oseguera Cervantes, "El Mencho, " in an operation Sunday, a federal official said, decapitating what had become Mexico's most powerful cartel and giving the government its biggest prize yet to show the Trump administration for its efforts. The official, who requested anonymity because they were not authorized to speak publicly, said it happened during a military operation in the western state of Jalisco, where the cartel that traffics huge amounts of fentanyl and cocaine into the United States is based. The killing of the powerful drug lord followed several hours of roadblocks with burning vehicles in Jalisco and other states. Such tactics are commonly used by the cartels to block military operations. Videos circulating social media showed plumes of smoke billowing over the tourist city of Puerto Vallarta in Jalisco, and people sprinting through the airport of the state's capital in panic. On Sunday afternoon, Air Canada announced it was suspending flights to Puerto Vallarta "due to an ongoing security situation" and advised customers not to go to their airport. The U.S. State Department had offered a reward of up to $15 million for information leading to the arrest of El Mencho. The Jalisco New Generation Cartel, known as CJNG, is one of the most powerful and fastest growing criminal organizations in Mexico and was born in 2009. In February, the Trump administration designated the cartel as a foreign terrorist organization. Mexican President Claudia Sheinbaum, like her predecessor, has criticized the "kingpin" strategy of previous administrations that took out cartel leaders only to trigger explosions of violence as cartels fractured. Whil...
Karoline Vitto, Phoebe English and Sinead Gorey include wide range of body shapes on catwalks Body diversity has made a comeback at London fashion week despite a wider shift towards ultra-thinness in the fashion industry. Emerging designers including Karoline Vitto, Phoebe English and Sinead Gorey included a wide range of body shapes on catwalks over the past four days. Sizes have ranged from a UK...
Karoline Vitto, Phoebe English and Sinead Gorey include wide range of body shapes on catwalks Body diversity has made a comeback at London fashion week despite a wider shift towards ultra-thinness in the fashion industry. Emerging designers including Karoline Vitto, Phoebe English and Sinead Gorey included a wide range of body shapes on catwalks over the past four days. Sizes have ranged from a UK size 10-16, a category referred to as mid-size in the industry, to plus-size, also known as curve models, which measures from a UK size 18 upwards. Sample size, often referred to as straight models, ranges from a UK 4-8. Continue reading...
Key PointsPerceptive Advisors purchased 203,881 Celcuity shares in the fourth quarter; the estimated trade value was $16.76 million based on average fourth-quarter pricing.
Key PointsPerceptive Advisors purchased 203,881 Celcuity shares in the fourth quarter; the estimated trade value was $16.76 million based on average fourth-quarter pricing.
Hiroshi Watanabe/DigitalVision via Getty Images Summary In 2025, investors with globally diversified portfolios were well positioned to capture gains around the world, as a great global rebalancing gained traction. We head into 2026 with an optimistic outlook; many of the cyclical and secular themes that drove global equity market gains in 2025 will continue to provide our team with attractive and...
Hiroshi Watanabe/DigitalVision via Getty Images Summary In 2025, investors with globally diversified portfolios were well positioned to capture gains around the world, as a great global rebalancing gained traction. We head into 2026 with an optimistic outlook; many of the cyclical and secular themes that drove global equity market gains in 2025 will continue to provide our team with attractive and broadening opportunities in 2026. A weak dollar environment, diverging monetary and economic outlooks, and regional fiscal policies support positioning portfolios with a cyclical tilt. Secular growth themes, including the AI infrastructure buildout, also provide powerful tailwinds. Although we see continued upside in the US market and continue to identify many US companies with exciting growth trajectories, we believe that international markets are poised to outperform again in 2026. Investment Manager Discussion Throughout 2025, we focused on a key theme—a great global rebalancing supported by stimulative fiscal policies, particularly in Europe, and a weak dollar environment. Our outlook reflected our view that America First policies, including tariffs, would not be impediments to international markets but could instead be catalysts, providing opportunities across sectors. Indeed, this proved to be the case. CALAMOS GLOBAL OPPORTUNITIES FUND AVERAGE ANNUAL RETURNS (%) QTD 1-YEAR 3-YEAR 5-YEAR 10-YEAR SINCE ASHAREINCEPTION SINCE ISHAREINCEPTION Calamos Global Opportunities Fund I Shares - at NAV (Inception—9/18/97) -0.90 16.07 18.02 8.29 9.86 N/A 8.15 A Shares - at NAV (Inception—9/9/96) -0.86 15.87 17.76 8.03 9.60 8.48 N/A A Shares Load adjusted -5.54 10.40 15.85 6.98 9.06 8.30 N/A MSCI ACWI Index 3.37 22.87 21.21 11.70 12.28 8.34 7.89 MSCI World Index 3.20 21.60 21.72 12.66 12.74 8.59 8.12 Morningstar Global Moderate Allocation Category 2.63 16.15 12.29 6.54 7.02 6.75 6.11 Click to enlarge Performance data quoted represents past performance, which is no guarantee of futu...
It's been nearly two decades since the Global Financial Crisis sparked a wave of bank failures, casting a dark cloud over the financial services sector. Fortunately, things are different today. Broadly speaking, large U.S.-based banks are on solid footing. That doesn't mean bank stocks will behave like high-octane tech names, but the group is a value destination and an increasingly resurgent sourc...
It's been nearly two decades since the Global Financial Crisis sparked a wave of bank failures, casting a dark cloud over the financial services sector. Fortunately, things are different today. Broadly speaking, large U.S.-based banks are on solid footing. That doesn't mean bank stocks will behave like high-octane tech names, but the group is a value destination and an increasingly resurgent source of dividend growth. If there's a "dark side," it's that some investors have long memories. Many of today's market participants were invested during the crisis or old enough during that calamity to comprehend its gravity. For risk-tolerant traders, this ETF is a great way of being bearish on financial stocks. Image source: Getty Images. Continue reading