Good morning . Donald Trump will deliver a prime-time speech as market optimism grows over a possible end to the Iran war. We examine the issue of US birthright citizenship. And the president’s White House ballroom hits a snag. Listen to the day’s top stories . — Marc Perrier Market Snapshot S&P 500 Futures 6,618.25 +0.7% Nasdaq 100 Futures 24,133.00 +0.9% Bloomberg Dollar Spot Index 1,210.98 -0.4...
Good morning . Donald Trump will deliver a prime-time speech as market optimism grows over a possible end to the Iran war. We examine the issue of US birthright citizenship. And the president’s White House ballroom hits a snag. Listen to the day’s top stories . — Marc Perrier Market Snapshot S&P 500 Futures 6,618.25 +0.7% Nasdaq 100 Futures 24,133.00 +0.9% Bloomberg Dollar Spot Index 1,210.98 -0.4% Market data as of 07:10 AM ET. Data is subject to provider delays. Tune in. Donald Trump is set to speak at 9 p.m. in Washington, providing an update on the Middle East war. The address follows his comments yesterday that the war could end in two to three weeks, suggesting the US has largely achieved its military goals. You can follow the latest developments on the conflict in our blog. Stocks surged on optimism that the conflict, which has rattled global markets , may be nearing an end. Oil prices briefly dropped below $100 a barrel, even as the key Strait of Hormuz remains largely closed and its unresolved status risks further volatility. Nike shares tumbled after the retailer issued a surprisingly gloomy outlook for the year ahead, citing headwinds including supply disruptions tied to the war. Anthropic accidentally released source code for its popular Claude AI agent, raising questions about its operational security . Cultural sensitivity. Air Canada CEO Michael Rousseau struck a nerve in Quebec after speaking only a few words of French in a video statement following a fatal ground collision at LaGuardia Airport. The misstep—which prompted his retirement —comes at a time when many in the province’s French-speaking majority are increasingly concerned about the erosion of their language . Lula’s Workers’ Party Has Lost Touch With Modern Brazilian Workers Read more Deep Dive: Birthright Citizenship Trump is fighting to end automatic US birthright citizenship for children born to parents who are in the country unlawfully or on temporary visas, overturning more than a cent...
CatLane/E+ via Getty Images Commentary as of 12/31/25 The fund posted returns of 4.12% (Institutional shares) and 4.09% (Investor A shares, without sales charge) for the fourth quarter of 2025. The fund's outperformance of its benchmark was led by macro-related measures, particularly those identifying industry-level and style-rotation trends. Sentiment insights, especially those following analyst ...
CatLane/E+ via Getty Images Commentary as of 12/31/25 The fund posted returns of 4.12% (Institutional shares) and 4.09% (Investor A shares, without sales charge) for the fourth quarter of 2025. The fund's outperformance of its benchmark was led by macro-related measures, particularly those identifying industry-level and style-rotation trends. Sentiment insights, especially those following analyst trends and short-selling activity, supported performance, as did traditional quality-focused fundamental measures. From a sector-positioning perspective, the fund remained largely neutral. However, there were slight overweight positions in the industrials and communication services sectors, and underweight holdings in the utilities and health care sectors. Contributors Macro-related measures were the strongest contributor. A standout was an insight using industry-level wage data to anticipate future margin trends, which helped correctly position the fund among stocks in the health care sector. Measures tracking macroeconomic data to identify equity style rotation led to profitable exposure to stocks in the industrials sector. Elsewhere, sentiment insights that tracked short-selling activity aligned well with market reversals, particularly benefiting from positioning in the financials sector and among semiconductors stocks. Fundamental quality measures that penalized volatile companies also added to returns, reinforcing strong stock selection in the pharmaceuticals industry, in the health care sector, and the machinery industry, in the industrials sector. Detractors Despite the overall strong performance, some measures detracted. Thematic insights that attempted to anticipate deregulation trends were less effective, particularly among select stocks in the communication services sector and among equipment companies. In the fundamental space, non-traditional quality measures focused on founder-led firms and predictive sales growth struggled, undermining positions in the consum...
The Iran war will hit food prices, fuel costs and interest rates. But with a few smart moves, we could could turn this crisis to our advantage Energy shocks don’t just raise our energy bills – they can be turning points in how our economy runs. The UK responded to the energy crises of the 1970s by reshaping its energy system and doubling down on extracting its own fossil fuels from the North Sea. ...
The Iran war will hit food prices, fuel costs and interest rates. But with a few smart moves, we could could turn this crisis to our advantage Energy shocks don’t just raise our energy bills – they can be turning points in how our economy runs. The UK responded to the energy crises of the 1970s by reshaping its energy system and doubling down on extracting its own fossil fuels from the North Sea. Investment poured in and the UK became a net energy exporter. When energy security is on the line, serious countries act at scale. Today, as the war in Iran continues, scraping the North Sea barrel for the last of its planet-heating fuel is no longer a solution. If the UK is to weather the shocks to come, we need to build a clean energy system for the next generation. A supply deficit of 10m oil barrels a day and a fifth of global liquefied natural gas (LNG) trade is already having significant effects around the world. The UK is painfully exposed to international gas prices. The public expect inflation to soar , the market is forecasting a rise in interest rates over the next year, and costs on some government borrowing have risen to levels not seen since the 2008 financial crisis . This is what a fossil-fuel shock looks like for an import-dependent country, and it will not stop at energy. UK food inflation is already high, reaching 3.3% in February , and we are likely to see much higher food prices in as little as three months . Chaitanya Kumar is head of economic and environmental policy at the New Economics Foundation Continue reading...
Amentum ( AMTM ) led joint venture, named Litmus Nuclear with Cavendish Nuclear, has secured a $406M contract from Great British Energy – Nuclear. This 14-year deal positions them as the owner's engineer for the UK's first small modular reactors at the Wylfa site in North Wales. The joint venture will also ensure the SMR program meets regulatory requirements and is poised to deliver reliable, low-...
Amentum ( AMTM ) led joint venture, named Litmus Nuclear with Cavendish Nuclear, has secured a $406M contract from Great British Energy – Nuclear. This 14-year deal positions them as the owner's engineer for the UK's first small modular reactors at the Wylfa site in North Wales. The joint venture will also ensure the SMR program meets regulatory requirements and is poised to deliver reliable, low-carbon power for decades to come. AMTM ( AMTM ) stock traded ~2% higher on Wednesday pre-market hours. More on Amentum Holdings Amentum Holdings, Inc. (AMTM) Presents at 47th Annual Raymond James Institutional Investor Conference Transcript The Sell-Off Was A Gift: Amentum Remains A Buy Amentum Holdings, Inc. (AMTM) Q1 2026 Earnings Call Transcript Investing in aliens? Government websites soon to be launched by Homeland Security Amentum-led JV secures $112M nuclear cleanup project in Europe