The fintech titan is set to profit from stablecoins and agentic AI. Shares of Visa (V +3.81%) rose on Monday after the digital commerce leader reported solid growth metrics late last week. As of 2:35 p.m. EST, Visa's stock price was up more than 3%. Visa benefits from the expansion of the global economy Visa's net revenue climbed 15% year over year to $10.9 billion in the quarter ended Dec. 31. CE...
The fintech titan is set to profit from stablecoins and agentic AI. Shares of Visa (V +3.81%) rose on Monday after the digital commerce leader reported solid growth metrics late last week. As of 2:35 p.m. EST, Visa's stock price was up more than 3%. Visa benefits from the expansion of the global economy Visa's net revenue climbed 15% year over year to $10.9 billion in the quarter ended Dec. 31. CEO Ryan McInerney said the gains were fueled by "resilient consumer spending and a strong holiday season." The total number of transactions processed on Visa's network increased by 9% to a whopping 69.4 billion. The payments giant saw particularly strong growth in its international operations, with cross-border volumes rising 12%. Expand NYSE : V Visa Today's Change ( 3.81 %) $ 12.25 Current Price $ 334.08 Key Data Points Market Cap $615B Day's Range $ 323.66 - $ 334.62 52wk Range $ 299.00 - $ 375.51 Volume 232K Avg Vol 7.1M Gross Margin 78.02 % Dividend Yield 0.76 % All told, Visa's adjusted net income grew 12% to $6.1 billion. Its adjusted earnings per share, which were boosted by stock buybacks, jumped 15% to $3.17. That bested Wall Street's estimates. Analysts had expected per-share profits of $3.14. Visa is positioning itself for the future of commerce During a conference call with investors, McInerney explained how Visa's offerings extend far beyond its traditional credit and debit cards. The core of our consumer payments business is the Visa credential. It is much more than a physical card; it can be digital, in a wallet, online, mobile. It's the connection point to the Visa network on top of which we're able to layer all types of services, solutions, and access now totaling more than 5 billion Visa credentials. Visa's credential-based strategy has it well-placed to benefit from the coming wave of cryptocurrency and artificial intelligence innovations, such as stablecoin payments and agentic AI commerce. As such, shareholders can expect further share price appreciatio...
Goldman Sachs Asset Management’s Global co-head of Third-Party Wealth and Chief Transformation Officer Bryon Lake tells Bloomberg that investor demand is increasingly focused on outcomes, particularly yield and downside protection. He says buffered and income-oriented ETFs remain a key growth area. Lake also outlines Goldman’s broader ETF strategy, which emphasizes active management, technology, a...
Goldman Sachs Asset Management’s Global co-head of Third-Party Wealth and Chief Transformation Officer Bryon Lake tells Bloomberg that investor demand is increasingly focused on outcomes, particularly yield and downside protection. He says buffered and income-oriented ETFs remain a key growth area. Lake also outlines Goldman’s broader ETF strategy, which emphasizes active management, technology, and data-driven investing across public and private markets. He joined the discussion on "Bloomberg ETF IQ" with Katie Greifeld, Scarlet Fu and Eric Bulchuanas. (Source: Bloomberg)
Key Points Sold 99,329 shares of First Trust Enhanced Short Maturity ETF; estimated transaction value $5.96 million based on quarterly average price. Quarter-end stake value declined by $5.9 million, reflecting both trading and price movement. Transaction represented 9.67% of 13F reportable assets under management (AUM). Position after sale: 99,879 shares valued at $5.9 million. Move aligns with f...
Key Points Sold 99,329 shares of First Trust Enhanced Short Maturity ETF; estimated transaction value $5.96 million based on quarterly average price. Quarter-end stake value declined by $5.9 million, reflecting both trading and price movement. Transaction represented 9.67% of 13F reportable assets under management (AUM). Position after sale: 99,879 shares valued at $5.9 million. Move aligns with fund’s broader liquidation pattern. These 10 stocks could mint the next wave of millionaires › On Jan. 22, 2026, FSC Wealth Advisors, LLC disclosed in an SEC filing that it sold 99,329 shares of First Trust Enhanced Short Maturity ETF (NASDAQ:FTSM), an estimated $5.96 million trade based on quarterly average pricing. What happened According to a SEC filing dated Jan. 22, 2026, FSC Wealth Advisors, LLC reduced its holdings in First Trust Enhanced Short Maturity ETF by 99,329 shares. The estimated transaction value was $5.96 million, based on the average unadjusted closing price for the quarter ended Dec. 31, 2025. The quarter-end value of the stake decreased by $5.95 million, reflecting both trading activity and changes in share price. What else to know This sale brought the FTSM holding to 9.7% of 13F reportable AUM. Top holdings after the filing: NYSEMKT:SPY: $7.64 million (12.4% of AUM) NYSEMKT:FTSM: $5.9 million (9.7% of AUM) NYSEMKT:BIL: $5.4 million (8.8% of AUM) NYSEMKT:CWB: $5.4 million (8.8% of AUM) NYSEMKT:SCHD: $3.1 million (5.1% of AUM) As of Jan. 21, 2026, FTSM shares were priced at $60.04, up 4.6% over the past year, underperforming the S&P 500 by 10.5 percentage points. ETF overview Metric Value AUM N/A Price (as of market close January 21, 2026) $60.04 Dividend yield 4.28% 1-year total return 4.62% ETF snapshot Seeks to provide current income and preserve capital by investing primarily in U.S. dollar-denominated fixed- and variable-rate debt securities with an average duration of less than one year. Portfolio is composed of short-maturity U.S. dollar-denominat...
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys. On Friday, International Business Machines', David N. Farr, made a $304,000...
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money. Today we look at two noteworthy recent insider buys. On Friday, International Business Machines', David N. Farr, made a $304,000 purchase of IBM, buying 1,000 shares at a cost of $304.00 a piece. So far Farr is in the green, up about 4.1% on their buy based on today's trading high of $316.42. International Business Machines is trading up about 3.1% on the day Monday. This buy marks the first one filed by Farr in the past year. And also on Friday, Steven A. Shaw purchased $34,013 worth of Mastech Digital, purchasing 4,880 shares at a cost of $6.97 each. Before this latest buy, Shaw purchased MHH at 5 other times during the past twelve months, for a total cost of $160,567 at an average of $7.73 per share. Mastech Digital is trading up about 0.9% on the day Monday. VIDEO: Monday 2/2 Insider Buying Report: IBM, MHH The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Disney's future looks bright as Bob Iger exits the stage. Disney (DIS 6.96%) stock fell on Monday after the company reported earnings, but the results weren't as weak as they may have appeared. Parks and experiences are booming, and the movie business is starting to gain momentum with streaming revenue and operating income up again. What investors are overlooking is just how much momentum the stre...
Disney's future looks bright as Bob Iger exits the stage. Disney (DIS 6.96%) stock fell on Monday after the company reported earnings, but the results weren't as weak as they may have appeared. Parks and experiences are booming, and the movie business is starting to gain momentum with streaming revenue and operating income up again. What investors are overlooking is just how much momentum the streaming business has, and if operating margins pick up in the coming years, this could be a profit machine. Here's a look at the results and why Disney stock is a great buy today. *Stock prices used were end-of-day prices of January 2, 2026. The video was published on January, 2026.
In afternoon trading on Monday, Technology & Communications stocks are the best performing sector, higher by 3.9%. Within the sector, Zebra Technologies Corp. (Symbol: ZBRA) and Monolithic Power Systems Inc (Symbol: MPWR) are two large stocks leading the way, showing a gain of 12.3% and 12.1%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ET...
In afternoon trading on Monday, Technology & Communications stocks are the best performing sector, higher by 3.9%. Within the sector, Zebra Technologies Corp. (Symbol: ZBRA) and Monolithic Power Systems Inc (Symbol: MPWR) are two large stocks leading the way, showing a gain of 12.3% and 12.1%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (Symbol: XLK), which is up 4.4% on the day, and down 2.10% year-to-date. Zebra Technologies Corp., meanwhile, is down 22.45% year-to-date, and Monolithic Power Systems Inc is up 21.27% year-to-date. Combined, ZBRA and MPWR make up approximately 0.6% of the underlying holdings of XLK. The next best performing sector is the Industrial sector, higher by 3.5%. Among large Industrial stocks, Stanley Black & Decker Inc (Symbol: SWK) and J.B. Hunt Transport Services, Inc. (Symbol: JBHT) are the most notable, showing a gain of 16.2% and 11.4%, respectively. One ETF closely tracking Industrial stocks is the Industrial Select Sector SPDR ETF (XLI), which is up 2.8% in midday trading, and up 6.53% on a year-to-date basis. Stanley Black & Decker Inc, meanwhile, is down 8.25% year-to-date, and J.B. Hunt Transport Services, Inc., is down 10.99% year-to-date. Combined, SWK and JBHT make up approximately 0.5% of the underlying holdings of XLI. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Monday. As you can see, eight sectors are up on the day, while one sector is down. Sector % Change Technology & Communications +3.9% Industrial +3.5% Materials +3.5% Healthcare +2.9% Services +2.8% Energy +2.7% Consumer Products +2.0% Financial +1.9% Utilities -0.3% 10 ETFs With Stocks That Insiders Are Buying » Also see: Top Stocks ...
Looking at the sectors faring worst as of midday Monday, shares of Energy companies are underperforming other sectors, showing a 1.6% loss. Within that group, ONEOK Inc (Symbol: OKE) and ConocoPhillips (Symbol: COP) are two large stocks that are lagging, showing a loss of 6.7% and 3.9%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (Symbol: XLE)...
Looking at the sectors faring worst as of midday Monday, shares of Energy companies are underperforming other sectors, showing a 1.6% loss. Within that group, ONEOK Inc (Symbol: OKE) and ConocoPhillips (Symbol: COP) are two large stocks that are lagging, showing a loss of 6.7% and 3.9%, respectively. Among energy ETFs, one ETF following the sector is the Energy Select Sector SPDR ETF (Symbol: XLE), which is down 1.7% on the day, and up 16.68% year-to-date. ONEOK Inc, meanwhile, is up 61.13% year-to-date, and ConocoPhillips, is down 4.82% year-to-date. Combined, OKE and COP make up approximately 11.8% of the underlying holdings of XLE. The next worst performing sector is the Utilities sector, higher by 0.1%. Among large Utilities stocks, Vistra Corp (Symbol: VST) and NRG Energy Inc (Symbol: NRG) are the most notable, showing a loss of 3.5% and 2.6%, respectively. One ETF closely tracking Utilities stocks is the Utilities Select Sector SPDR ETF (XLU), which is flat on the day in midday trading, and up 31.16% on a year-to-date basis. Vistra Corp, meanwhile, is up 307.22% year-to-date, and NRG Energy Inc is up 83.08% year-to-date. Combined, VST and NRG make up approximately 6.2% of the underlying holdings of XLU. Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom: Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Monday. As you can see, eight sectors are up on the day, while one sector is down. Sector % Change Services +2.0% Consumer Products +1.7% Materials +1.6% Technology & Communications +1.3% Healthcare +1.2% Financial +1.1% Industrial +0.8% Utilities +0.1% Energy -1.6% 10 ETFs With Stocks That Insiders Are Buying » Also see: George Soros Stock Picks DRI Options Chain Funds Holding SII The views and opinions expressed herein are the views and opi...
In trading on Friday, shares of Hartford Insurance Group Inc's 6.000% Non-Cumulative Preferred Stock, Series G (Symbol: HIG.PRG) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.50), with shares changing hands as low as $24.80 on the day. This compares to an average yield of 6.52% in the "Financial" preferred stock category, according to Preferred Stock Channel . A...
In trading on Friday, shares of Hartford Insurance Group Inc's 6.000% Non-Cumulative Preferred Stock, Series G (Symbol: HIG.PRG) were yielding above the 6% mark based on its quarterly dividend (annualized to $1.50), with shares changing hands as low as $24.80 on the day. This compares to an average yield of 6.52% in the "Financial" preferred stock category, according to Preferred Stock Channel . As of last close, HIG.PRG was trading at a 0.64% premium to its liquidation preference amount, versus the average discount of 9.65% in the "Financial" category. Investors should keep in mind that the shares are not, meaning that in the event of a missed payment, the company does not have to pay the balance of missed dividends to preferred shareholders before resuming a common dividend. Below is a dividend history chart for HIG.PRG, showing historical dividend payments on Hartford Insurance Group Inc's 6.000% Non-Cumulative Preferred Stock, Series G : In Friday trading, Hartford Insurance Group Inc's 6.000% Non-Cumulative Preferred Stock, Series G (Symbol: HIG.PRG) is currently up about 0.2% on the day, while the common shares (Symbol: HIG) are off about 1.1%. Click here to find out the 50 highest yielding preferreds » Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
winhorse/iStock Unreleased via Getty Images Listen below or on the go on Apple Podcasts and Spotify Disney says rising costs will pressure Sports and Entertainment profit. (0:15) Oracle to raise up to $50B in equity and debt . (1:57) Trump plans critical minerals stockpile called Project Vault . (3:00) This is an abridged transcript of the podcast: Our top story so far, Punxsutawney Phil saw his s...
winhorse/iStock Unreleased via Getty Images Listen below or on the go on Apple Podcasts and Spotify Disney says rising costs will pressure Sports and Entertainment profit. (0:15) Oracle to raise up to $50B in equity and debt . (1:57) Trump plans critical minerals stockpile called Project Vault . (3:00) This is an abridged transcript of the podcast: Our top story so far, Punxsutawney Phil saw his shadow this morning and retreated into his den. Mickey Mouse released earnings this morning — and the stock retreated too. So… is it six more weeks of Disney ( DIS ) shares treading water? Disney is among the biggest decliners in the S&P 500 after offering a lackluster outlook and warning that costs are set to rise in its Sports and Entertainment units — casting a shadow over an otherwise solid quarter. For fiscal 2026, the company reiterated its forecast for double-digit adjusted EPS growth versus 2025, and $19B in cash provided by operations. Disney also says it remains on track to buy back $7B in stock this year. For the current quarter, Disney expects “modest growth” in Experiences operating income, citing international visitation headwinds at domestic parks, pre-launch costs for the Disney Adventure cruise ship, and pre-opening costs for World of Frozen at Disneyland Paris. In Sports, Q2 operating income is guided to decline about $100M, largely due to new WWE rights costs, while Entertainment operating income is expected to be roughly similar to Q2 2025. Analysts at J.P. Morgan noted that Q2 guidance is below their expectations for Entertainment and Sports, while in line for Experiences. Wells Fargo said Q2 guidance came in below its estimates across all three segments. Meanwhile, Bloomberg reports Disney’s board is set to name theme parks chief Josh D’Amaro as the company’s next CEO , with a vote expected in the coming week. If approved, D’Amaro would succeed Bob Iger, who led Disney from 2005 to 2020 and returned to the top job in 2022. Recent reports suggest Iger wa...
designer491/iStock via Getty Images Robinhood UK ( HOOD ) introduced a stocks & shares ISA (individual savings account), offering zero platform fees, no commissions, low FX fees, and a 2% cash bonus on contributions made before April 5, 2026, the company said on Monday. ISAs are the UK's most widely used long-term savings vehicle, but many investors are put off by high fees, complicated transfers,...
designer491/iStock via Getty Images Robinhood UK ( HOOD ) introduced a stocks & shares ISA (individual savings account), offering zero platform fees, no commissions, low FX fees, and a 2% cash bonus on contributions made before April 5, 2026, the company said on Monday. ISAs are the UK's most widely used long-term savings vehicle, but many investors are put off by high fees, complicated transfers, and outdated platforms, Robinhood said. The new account gives UK customers access to ~5,000 U.S.-listed stocks and ADRs. Investors can trade whole and fractional shares, it added . "We view Robinhood’s ISA launch as a major positive catalyst for HOOD's international expansion efforts given the product’s broad popularity and the significant opportunity within Robinhood’s younger demographic (18-34), where ISA usage remains below the national UK average," Mizuho wrote in a note to clients. The total addressable market for Robinhood's ( HOOD ) new product "is vast," Mizuho said. The market value of adult ISA holdings is "likely well over $1T cash + stock vs. ~$333B assets under custody as of 3Q25 for HOOD," the bank said. Even with the announcement of the new accounts in the UK, Robinhood ( HOOD ) stock tumbled 9.8% in Monday afternoon trading after crypto markets swooned over the weekend. More on Robinhood Markets Robinhood: 2026 Should Be As Lucrative As Last Year, As New Products Take Off Robinhood: Investors Overlook Tough Comps And Cyclicality - Reiterate Sell Robinhood: Too Expensive To Chase After The Rally Robinhood stock drops after crypto's weekend slide Coinbase, MSTR, Circle, others retreat after bitcoin's weekend slide
The 'Melania' movie audience: Older white women toggle caption Spencer Platt/Getty Images First lady Melania Trump's documentary outperformed box office expectations during its opening weekend, bringing in about $7 million domestically. Audience members were largely white (75%), women (70%), and 55 or over (72%). Dallas, Orlando, Tampa, Phoenix, Houston, Atlanta and West Palm Beach were among the ...
The 'Melania' movie audience: Older white women toggle caption Spencer Platt/Getty Images First lady Melania Trump's documentary outperformed box office expectations during its opening weekend, bringing in about $7 million domestically. Audience members were largely white (75%), women (70%), and 55 or over (72%). Dallas, Orlando, Tampa, Phoenix, Houston, Atlanta and West Palm Beach were among the top markets over the weekend, according to data from Amazon MGM Studios. Amazon acquired the rights to the movie in early 2025 for $40 million. The company ran a flashy rollout for the film, spending $35 million on marketing, leading to questions about whether such a hefty price tag included earning President Trump's favor — or trying to. Melania is one of the most expensive documentary films ever made, with the first lady herself taking on the role of an executive producer. Sponsor Message Critics have panned the movie, which premiered at the Kennedy Center last week with protesters dressed as Marie Antoinette outside. TikTokers encouraged viewers to instead watch Becoming, Michelle Obama's 2020 Netflix documentary, which broke the service's top 10 most popular movies in the U.S. over the weekend. Documentaries rarely receive wide theatrical releases, but Melania opened on more than 1,500 screens throughout the U.S. this weekend. Ahead of the film's global release on Friday, many on social media shared photos of their local theaters in which nearly every seat for Melania showings remained available for purchase. Analysts were predicting ticket sales in the $5 million range — making the $7 million box office good news for Amazon. For a sense of scale: The top-grossing film this weekend was the survival horror thriller Send Help, which brought in $20 million. Following close behind was Iron Lung, also a horror film, at nearly $18 million. But, writes David A. Gross in his industry newsletter FranchiseRe, "This is an excellent opening for a political documentary, at more than...
Key Points Wall Street and investors hate the word "uncertainty" -- which is what comes to mind with Nio. Nio's battery swaps take a lot of upfront investment and has varying utilization rates. Battery swap services may not become the dominant form of "refueling." 10 stocks we like better than Nio › There's a harsh reality setting in for global automakers that have dipped their toes, or gone all-i...
Key Points Wall Street and investors hate the word "uncertainty" -- which is what comes to mind with Nio. Nio's battery swaps take a lot of upfront investment and has varying utilization rates. Battery swap services may not become the dominant form of "refueling." 10 stocks we like better than Nio › There's a harsh reality setting in for global automakers that have dipped their toes, or gone all-in, into the electric vehicle (EV) industry. That reality is that Chinese EV makers are quite far advanced in EV technology and supply chains, all while severely undercutting global pricing. Roughly half of China's new-vehicle market is already generated by EVs, far ahead of theglobal marketshare, and the brands are rapidly exporting and expanding around the globe. Nio (NYSE: NIO) is a premium Chinese EV manufacturer that has expanded its number of brands quickly, but it also has one massive uncertainty for potential investors: its battery swap network. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Uncertainty remains It's easy to understand why investors are intrigued by Nio. When considering EV investments broadly, investors might be quick to jump toward leading Chinese automakers such as BYD, which has overtaken Tesla in global sales, or Nio, which has positioned itself in the premium market and then branched out to more affordable models to boost sales volume. Nio's newer brands, Onvo and Firefly, have gained traction in the market and driven sales momentum. Nio delivered more than 48,000 vehicles in December, good for a nearly 55% increase compared to the prior year, and it posted a 71.7% gain during the fourth quarter. Before investors prepare to back up the armored truck and load up on Nio shares, there is an elephant in the room to discuss. That elephant is none other than Nio's battery swapping network. Nio has developed its own network of batt...
Key Points Capital Management Corp added 80,297 shares of Moelis & Company in the fourth quarter; the estimated buy was valued at $5.36 million based on quarterly average prices. Meanwhile, the quarter-end value of the position increased by $4.93 million, reflecting both trading activity and stock price changes. As of September 30, the fund reported holding 308,624 shares of Moelis valued at $21.2...
Key Points Capital Management Corp added 80,297 shares of Moelis & Company in the fourth quarter; the estimated buy was valued at $5.36 million based on quarterly average prices. Meanwhile, the quarter-end value of the position increased by $4.93 million, reflecting both trading activity and stock price changes. As of September 30, the fund reported holding 308,624 shares of Moelis valued at $21.21 million as of December 31. These 10 stocks could mint the next wave of millionaires › On February 2, Capital Management Corp disclosed an 80,297-share buy of Moelis & Company (NYSE:MC), an estimated $5.36 million trade based on quarterly average pricing. What happened According to a SEC filing dated February 2, Capital Management Corp increased its holding in Moelis & Company by 80,297 shares during the fourth quarter. The estimated value of shares acquired is $5.36 million based on the average closing price for the period. The quarter-end value of the holding rose by $4.93 million, a figure that captures both the share increase and changes in the stock price. What else to know The purchase brought the fund’s holding in Moelis & Company to 3.48% of 13F reportable AUM. Top five holdings after the filing: NASDAQ:IDCC: $37.12 million (6.1% of AUM) NYSE:PBI: $30.97 million (5.1% of AUM) NYSE:GTN: $29.76 million (4.9% of AUM) NASDAQ:NXST: $25.92 million (4.2% of AUM) NYSE:AEM: $22.72 million (3.7% of AUM) As of February 2, shares of Moelis & Company were priced at $72.21, down 8% over the past year and well underperforming the S&P 500’s roughly 15% gain in the same period. Company overview Metric Value Price (as of February 2) $72.21 Market Capitalization $5.4 billion Revenue (TTM) $1.47 billion Net Income (TTM) $234.57 million Company snapshot Moelis & Company provides investment banking advisory services, including mergers and acquisitions, recapitalizations, restructurings, and capital markets transactions. The investment bank generates revenue primarily through advisory fe...
Trump says he's closing the Kennedy Center for renovations. We have questions toggle caption Jim Watson/AFP via Getty Images On Sunday night, President Trump abruptly announced plans to close the John F. Kennedy Center for the Performing Arts for two years "for Construction, Revitalization, and Complete Rebuilding" to create what he said "can be, without question, the finest Performing Arts Facili...
Trump says he's closing the Kennedy Center for renovations. We have questions toggle caption Jim Watson/AFP via Getty Images On Sunday night, President Trump abruptly announced plans to close the John F. Kennedy Center for the Performing Arts for two years "for Construction, Revitalization, and Complete Rebuilding" to create what he said "can be, without question, the finest Performing Arts Facility of its kind, anywhere in the World." The timing of the announcement has taken many in Washington, D.C. and the arts world aback (and coincided with the annual Grammy Awards, on which much of the music world was focused). On Sunday evening, Richard Grenell, the president of the Kennedy Center, sent a memo to the arts complex's staff, which was obtained by NPR, where he wrote: "We recognize this creates many questions as we plan to temporarily close most of our operations. We will have more information about staffing and operational changes in the coming days." In a public statement posted to X on Sunday, Grenell wrote: "I am confident this sets the stage for a stronger, revitalized National Cultural and Entertainment Complex." Sponsor Message We have many questions as well, which we're currently trying to get answered. NPR reached out to the Kennedy Center for comment, but we have not received a reply. If you have additional questions that you think we should pursue, please add them below. Wouldn't Congress have to approve this? On paper, yes. The Kennedy Center's charter stipulates that it is a living memorial to the late President John F. Kennedy and to "preserving, fostering, and transmitting the performing arts traditions of the people of the United States and other countries." But Congress has not yet moved on the announced renaming of the complex back in December. What happens to organizations, performers and unions that currently have open contracts with the Kennedy Center? These include long-running shows like Shear Madness, which is currently booked at the center...
A turbine blade is lifted onto a rack near tower sections at the Revolution Wind project assembly site at State Pier in New London, Connecticut, US, on Friday, Oct. 24, 2025. Joe Buglewicz | Bloomberg | Getty Images A U.S. judge on Monday cleared Denmark's Orsted to resume work on its Sunrise Wind project off the coast of New York, dealing yet another blow to Trump administration efforts to halt o...
A turbine blade is lifted onto a rack near tower sections at the Revolution Wind project assembly site at State Pier in New London, Connecticut, US, on Friday, Oct. 24, 2025. Joe Buglewicz | Bloomberg | Getty Images A U.S. judge on Monday cleared Denmark's Orsted to resume work on its Sunrise Wind project off the coast of New York, dealing yet another blow to Trump administration efforts to halt offshore wind activity in federal waters. The preliminary injunction request was the fifth brought by an offshore wind developer since the Interior Department's December 22 pause on five offshore wind leases. The agency stopped work on the multi-billion-dollar facilities due to national security concerns around radar interference. An Interior Department spokesperson said the agency would not comment on pending litigation. Orsted has spent or committed more than $7 billion to date to build Sunrise Wind, the company said. If the stop-work order is not lifted by February 6, the project risks losing access to a specialized vessel needed to complete installation of an offshore cable, Orsted attorneys argued at the hearing. The argument was similar to those made at four other hearings in recent weeks. Four projects, including Orsted's Revolution Wind off the coast of Rhode Island, have won court orders to resume construction while their underlying lawsuits proceed. "Every court to review this question has now found that the loss of specialized vessels and resulting delays amounts to irreparable harm. I agree," U.S. District Court Judge Royce Lamberth said before granting Orsted's request. Lamberth also granted the injunction for Orsted's Revolution Wind, off the coast of Rhode Island, in January. An attorney for the Justice Department argued that the suspension was justified by new, classified information about risks to national security from the operation of offshore wind farms. Offshore wind developers have faced repeated disruptions under U.S. President Donald Trump, who has sa...
SimoneN/iStock via Getty Images Anglo American ( AAUKF ) ( NGLOY ) shares have room to rise given the proposed merger with Teck Resources ( TECK ), Citi analysts said Monday in tapping the stock as its top pick among global diversified miners and upgrading their rating to Buy from Neutral with a £ 45 price target, raised from £ 33, believing the combined entity's copper exposure is underappreciate...
SimoneN/iStock via Getty Images Anglo American ( AAUKF ) ( NGLOY ) shares have room to rise given the proposed merger with Teck Resources ( TECK ), Citi analysts said Monday in tapping the stock as its top pick among global diversified miners and upgrading their rating to Buy from Neutral with a £ 45 price target, raised from £ 33, believing the combined entity's copper exposure is underappreciated by the market. T he proposed merger with Teck ( TECK ) to form AngloTeck is "transformative," Citi analysts led by Ephrem Ravi wrote, creating a top-tier copper producer with an 80% copper earnings exposure. Citi sees value accretion from operational normalization at key assets, potentially adding $1.2B in EBITDA, while organic growth at the Collahuasi and Quellaveco copper assets could contribute an additional $1.4B in EBITDA over the next 5-7 years, and strategic adjacencies, including the Los Bronces-Andina copper joint venture with Codelco and Minas Rio iron ore JV with Vale, may offer EBITDA potential of $1.3B, enhancing the company's long-term production profile and cost efficiency. The analysts also expect the Los Bronces-Andina JV to unlock more than $5B in value through synergies and capital deferral, contributing significantly to Anglo's ( AAUKF ) ( NGLOY ) net present value, and the Minas Rio iron ore JV, integrating the Serpentina deposit, has the potential to double production capacity and reduce unit costs, generating an estimated $4B NPV. Citi simultaneously upgraded Teck Resources ( TECK ) to Buy from Neutral with a C$104 price target, equivalent to £45 on Anglo ( AAUKF ) ( NGLOY ) translated at the merger terms, anticipating the deal will move forward on current terms. More on Anglo American and Teck Resources Anglo American: Copper Re-Rating Thesis Gathers Momentum Teck Resources And Anglo American: Joint Growth With Synergies Teck Resources: Copper Pure-Play For The AI Era
Currency traders recently unleashed a selloff that drove the dollar into its deepest slide since the US trade war began. Despite some ups and downs, the downward trend seems likely to continue. (Source: Bloomberg)
Currency traders recently unleashed a selloff that drove the dollar into its deepest slide since the US trade war began. Despite some ups and downs, the downward trend seems likely to continue. (Source: Bloomberg)
The US government’s planned $12 billion initiative to stockpile critical minerals is winning support from parts of the metal markets, while raising doubts elsewhere about how effective the initiative will be. Critical minerals span everything from aluminum to zinc, but it’s smaller, niche markets such as rare earths where federal buying is more likely to move prices and impact trade flows. Develop...
The US government’s planned $12 billion initiative to stockpile critical minerals is winning support from parts of the metal markets, while raising doubts elsewhere about how effective the initiative will be. Critical minerals span everything from aluminum to zinc, but it’s smaller, niche markets such as rare earths where federal buying is more likely to move prices and impact trade flows. Developers with ties to the Trump administration reacted more strongly than larger, established miners. MP Materials Corp. jumped as much as 7% on Monday, while Almonty Industries Inc. rose 9.7% before paring gains. Aclara Resources Inc. , which recently secured US funding for a mine in Latin America, said government stockpiling could help get more projects off the ground. An analyst at William Blair & Co. called the plan “a major tail wind” for rare earths. “Industrial clients are reluctant to provide take-or-pay contracts given the early-stage nature of many initiatives,” said Aclara Chief Executive Officer Ramon Barua . By stepping in as a buyer, the government can help finance alternative supply chains and “bridge that gap,” he said. The Trump administration’s venture — dubbed Project Vault — would combine $1.67 billion of private capital with a $10 billion loan from the US Export-Import Bank to procure and store minerals for automakers, technology companies and other manufacturers. Ex-Im’s board is scheduled to vote later Monday to authorize the record-setting 15-year loan, more than double the bank’s previous largest deal. MP Materials, in which the Pentagon agreed to make a $400 million equity investment in July, was up 3.6% at 2:08 p.m. in New York while tungsten miner Almonty had pared gains to 0.2%. USA Rare Earth Inc. rose as much as 16% before retreating, while United States Antimony Corp. was up 10%. Read More: Trump Launches $12 Billion Minerals Stockpile to Counter China The efforts are part of the government’s push to shore up supply chains critical to autos, aeros...
In trading on Monday, shares of Great-West Lifeco Inc's Non-Cumulative First Preferred Shares, Series H (TSX: GWO-PRH.TO ) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.2125), with shares changing hands as low as $22.04 on the day. As of last close, GWO.PRH was trading at a 11.00% discount to its liquidation preference amount. Investors should keep in mind tha...
In trading on Monday, shares of Great-West Lifeco Inc's Non-Cumulative First Preferred Shares, Series H (TSX: GWO-PRH.TO ) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.2125), with shares changing hands as low as $22.04 on the day. As of last close, GWO.PRH was trading at a 11.00% discount to its liquidation preference amount. Investors should keep in mind that the shares are not, meaning that in the event of a missed payment, the company does not have to pay the balance of missed dividends to preferred shareholders before resuming a common dividend. The chart below shows the one year performance of GWO.PRH shares, versus GWO: Below is a dividend history chart for GWO.PRH, showing historical dividend payments on Great-West Lifeco Inc's Non-Cumulative First Preferred Shares, Series H: In Monday trading, Great-West Lifeco Inc's Non-Cumulative First Preferred Shares, Series H (TSX: GWO-PRH.TO) is currently down about 0.9% on the day, while the common shares (TSX: GWO.TO) are trading flat. Also see: The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.