The U.S. labor market has seen a notable uptick in layoffs. Amazon closed all of its Amazon Go and Amazon Fresh stores in late January to focus on expanding Whole Foods. CVSlaid off workers and closed physical stores to focus on online delivery, and Rite Aid's bankruptcy led to the closing of its ...

Lord Mandelson arrested on suspicion of misconduct in public office

Bridget Phillipson and her team are making sure MPs and the public grasp the need to overhaul the special educational needs system In her first week as a cabinet minister Bridget Phillipson held a meeting for new Labour MPs with one subject – special educational needs. Almost 100 MPs came to that first meeting. There were new MPs for whom the issue was personal to their own families – Jen Craft, Daniel Francis, Steve Race, as well as the then business secretary, Jonathan Reynolds. Dozens more knew the system was at breaking point because of their previous work in the charity sector, for unions and in the disability sector. Continue reading...

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets are selling off on Monday due not only to concerns that artificial intelligence will displace enterprise software companies like Salesforce and ServiceNow, but also from the potential long-term negative ramifications it could have on the labor market and broader economy. The latest concerns stem from perhaps an unlikely source: Over the weekend, a research firm published a thought-provoking, though fanciful, take on the future of AI and how it could devastate many more industries than traditionally considered in the blast zone, such as credit-card companies and delivery apps. We think this report is an alarmist hypothetical and not a realistic base case, but the market doesn't want to wait around to find out. Just look at shares of American Express and DoorDash down roughly 7% apiece. The sell-off shows how sensitive the market is to AI disruption headlines, and it exemplifies the "shoot first, ask questions later" attitude investors currently have. The tariff backdrop is now unsettled in the wake of Friday's Supreme Court decision. Over the weekend, President Donald Trump lifted the global tariff rate to 15% from 10% and later on Monday warned on Truth Social that countries could face even higher duties. The combination of multiple uncertainties is resulting in a pullback in stocks most levered to the economy – the financials, consumer discretionary, and the industrials, while investors rotate into more resilient sectors like consumer staples and health care. Eli Lilly is our best performer in Monday's session, up about 4%, as its lead in the obesity race grew even wider thanks to a disappointing trial from rival Novo Nordisk. Back in May , Honeywell announced it was buying Johnson Matthey's catalyst technologies business for £1.8 billion in cash. In simple terms, the catalyst technologie...

New York City Mayor Zohran Mamdani has lifted the directive that closed streets, highways and bridges to most traffic as snow continues to fall across the city. The nor’easter is expected to continue in New York through Monday afternoon before tapering off, according to the National Weather Service (Source: Bloomberg)

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Investing.com -- Wells Fargo said hyperscaler compute capacity is set to double to 98 gigawatts by 2027, as artificial intelligence demand continues to outstrip supply. This has also led to a surge in capital spending.

The artificial intelligence (AI) boom is creating big winners in tech. Two companies that have reaped the benefits from AI's growth -- and are likely to continue to do so for years -- are Nvidia (NASDAQ: NVDA) and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) . It's tempting to overlook some of the biggest AI stocks at this stage of the AI stock frenzy in search of smaller players with more potential for outsized growth. But when looking for great companies that can go the distance, putting $5,000 into clear leaders with established competitive advantages might be a better way to go. Here's why Nvidia and Alphabet deserve a spot in your portfolio right now and for years to come. Continue reading

Chipmakers like Nvidia (NASDAQ:NVDA) were the early winners in the artificial intelligence (AI) boom, as companies scrambled to acquire advanced processors for training and running AI models. Their revenue surged from this demand, and they continue to offer strong potential as AI evolves. However, other sectors are now coming into focus as the downstream effects ... Forget Nvidia, This Is the Stock to Buy For the AI Boom’s Next Leg Up

Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it’s us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in markets, finance and the economy. And sometimes it’s contributions from our network of expert guests and sources. Whatever it is, we promise it will always be interesting. If you like chatting with us, check out the Odd Lots Discord , where you can hang out and talk with us and with other listeners 24/7. Here’s what Joe’s thinking about... I’m back from vacation and have a thousand things I want to write about. But today the big thing everyone is talking about is the new piece from Citrini Research (a.k.a. frequent Odd Lots guest James van Geelen) titled “The 2028 Global Intelligence Crisis”. The piece paints a picture of a big AI-driven economic downturn, with mass white collar layoffs creating a deflationary cascade that pushes the unemployment rate above 10% alongside a stock market plunge. The piece is being cited as a cause for today’s stock market selloff with software stocks diving once again. Now all the economists online are debating whether the piece is totally internally consistent. So for example in theory, a technology-driven shock like this doesn’t have to cause a downturn. If a legacy software company goes under due to competition, then that may be more cost savings for its former customers. Those cost savings could get redeployed elsewhere. And if much of the economic gains transfer to a new set of actors (AI companies and their employees and shareholders) then this new set of winners would have more spending and investing power. And if the new winners don’t spend and invest, then this means lower rates, which could be stimulative in its own right. And furthermore, if inflation plunges, then that implies more fiscal capacity from the federal government. Of course it all gets very weird, because fiscal policy isn’t automatic. A fiscal response requ...

AOC's Ignorance Is No Laughing Matter Authored by Stephen Soukup via American Greatness, Over the past week or so, many on the political Right have understandably enjoyed a laugh or two at the expense of Congresswoman Alexandria Ocasio-Cortez (D, N.Y.). AOC went to the Munich Security Conference to provide “balance” to the Trump administration’s presence and to burnish her own credentials on the global stage. Instead, she mostly just made a fool of herself. Not only did she stutter, stammer, and offer a Kamala Harris-esque non-answer when asked about American interests in and obligations to Taiwan, but she also demonstrated a comically poor grasp of geography and a righteously ignorant understanding of history. In an effort to rebut and embarrass U.S. Secretary of State Marco Rubio, AOC embarrassed only herself , showing that historical facts mean far less to her than identity-inspired fiction. But while it’s inarguably fun to chuckle at and mock the ignorance of the smug congresswoman and presumed presidential aspirant, it is also important to acknowledge that her historical and political illiteracy extends beyond the superficial and touches on matters of real and critical importance. Notably, this purported champion of the working class does not know the history of working-class politics, does not understand the reasons for the collapse of the working-class-centered ideology, and, as a result, has never contemplated the dangers inherent in attempting to resuscitate that failed doctrine. Congresswoman Ocasio-Cortez has long emphasized her biography and working-class roots to enhance her political status—and justifiably so. Her childhood may not have been quite the struggle she pretends it was, but she nevertheless endured economic hardships—especially after her father’s death—and was unable to find employment commensurate with her education. She was, famously, a bartender and a cocktail waitress before her election to Congress and, as a result, has long fashioned h...

格隆汇2月24日｜美国国防部：众议院航空安全法案将“带来重大未解决的预算负担和作战安全风险”。

格隆汇2月24日｜惠誉：禁止使用《国际紧急经济权力法》的决定给美国贸易政策带来了重大不确定性。

Amazon ‌said it plans to ‌invest $12 billion in Louisiana as ​part of a plan to build data centers in the Pelican State. The Seattle-based ‌online ⁠retailer said the data center buildout, in ⁠northwest Louisiana, will create 540 full-time jobs, as ​well as ​additional ​jobs it says ‌will help support the facilities, such as electricians and heating, ventilation and air-conditioning technicians. As part of Amazon's ‌fourth-quarter earnings ​report earlier this ​month, ​the company said ‌it expected $200 billion this ​year ​in capital expenditures, a sharp increase from 2025's $131 ​billion, ‌sending shares lower.

格隆汇2月24日｜惠誉：15%的美国临时全球关税率表明短期财政影响可能有限。

The Metropolitan Police says a 72-year-old man has been taken to a London police station for interview following the arrest in Camden.

rs-photo/iStock via Getty Images Revisiting My 'Sell' Rating After researching multiple enterprise software companies over the last few days, I am now revisiting Blue Owl Capital ( OWL ), an alternative asset manager that I initiated with a 'Sell' rating back in December 2025. At the time, I highlighted my concerns surrounding the overheating private credit and AI infrastructure booms, two trends that benefited Blue Owl tremendously over the last few years. After multiple negative material developments, Blue Owl's share price is down by ~30% since my initial coverage. While it may look like a compelling buying opportunity to some, my perspective is different, as I believe we might be in the early stages of a credit downcycle. My 'Sell' rating is primarily based on my concerns surrounding private credit and the AI infrastructure boom. While Blue Owl has benefited tremendously from these two trends since it went public via a SPAC in May 2021, a shift in sentiment could put significant pressure on OWL's growth trajectory and fundraising efforts. Blue Owl Capital Initial Coverage (Seeking Alpha, David Desjardins) Blue Owl's Software Exposure The first material development that occurred since my initial coverage is the fear and the pessimism that have grown around the enterprise software industry. As a quick reference, the iShares Expanded Tech-Software Sector ETF ( IGV ) is down by roughly 25% since the publication of my first article on Blue Owl Capital on December 22, 2025. Interestingly enough, this is perfectly in line with OWL's share price performance, as shown below. Blue Owl Capital Relative Performance Versus IGV (Seeking Alpha, David Desjardins) To draw parallels with my recent research on software-as-a-service providers like ServiceNow ( NOW ), Adobe ( ADBE ), Intuit ( INTU ), Atlassian ( TEAM ), and Salesforce ( CRM ), it is my personal view that fears of AI-related disruption are grossly overestimated in many cases. For example, I consider that ServiceNow, ...

Live cattle futures are trading with Monday midday losses of $1.92 to $2.95. Cash trade was limited, with some $246-248 in the North and some southern trade up to $249. Feeder cattle futures are down $3.65 to $4.30 across most contracts. The CME Feeder Cattle Index was up 44 cents...

Cotton futures are mixed, with March up 5 points and other contracts down 35 to 56 points. Crude oil futures are down 31 cents per barrel on the day at $66.17. The US dollar index is down $0.124 at $97.610. On Friday, the US Supreme Court ruled the President cannot...

Corn futures are posting 1 to 3 cent gains across most contracts so far on Monday. The CmdtyView national average Cash Corn price is up 1 1/4 cent to $3.96 3/4. USDA reported a private export sale of 125,000 MT of corn to Colombia this morning. Monday morning’s Export Inspections...

The wheat complex is falling back on Monday. Chicago SRW futures are fown 3 to 4 cents so far on the day. KC HRW futures are 7 to 8 cents higher on Friday. MPLS spring wheat is trading with contracts 2 to 3 cents lower. Export Inspections data showed wheat...

Soybeans are trading with gains of 3 to 4 cents across most contracts on Monday. The cmdtyView national average Cash Bean price is up 3 cents at $10.75 1/4. Soymeal futures are up 20 to 80 cents in the front months, with. Soy Oil futures up 65 to 75 points....

Lean hog futures are trading with contracts 30 to 75 cents higher at midday. USDA’s national base hog price was reported at $89.61 on Monday morning, up 65 cents from the day prior. The CME Lean Hog Index was 36 cents higher on Feb 19 at $87.95. Managed money cut...

格隆汇2月24日｜惠誉；（置评全球信用风险前景）与美国关税和贸易政策相关的重大不确定性，以及市场和融资状况的可持续性依然存在。