Venezuela plans to grant more oil-production land to Chevron Corp. and Spain’s Repsol SA as the Trump administration pushes for private companies to rebuild the nation’s energy sector, according to people with knowledge of the matter. Officials in Caracas are poised to award the exploration and production blocks as soon as this week, the people said. Giving US and European companies more access to Venezuela’s oil-rich territory is a key piece of US President Donald Trump’s push to revive the nation’s dilapidated energy sector while eroding China and Russia’s local influence. On Thursday, US Energy Secretary Chris Wright toured a project operated by Chevron in Venezuela’s Orinoco oil belt and told reporters that the opportunity for cooperation between the US and the South American nation is immense following the capture of former Venezuela President Nicolás Maduro . “The reuniting of the talent of American businesses and the passion of the Venezuelan people and the resources here — the sky’s the limit,” he said. Repsol declined to a request for comment. Chevron did not immediately respond to a request for comment. The Trump administration is expected to issue general license to allow international oil companies to explore and produce in Venezuela without violating US sanctions, Bloomberg reported earlier this month. It would be the latest is part of a string of authorizations from the Treasury Department to open up the nation’s oil sector since US forces captured Venezuela’s former President Nicolás Maduro on Jan. 3. Chevron and Repsol already have extensive holdings in Venezuela, which has among the world’s largest crude reserves. The nation’s oil industry, however, has collapsed over the past decade amid mismanagement, corruption and neglect. Venezuela’s production has plummeted to about 1 million barrels — less than a third of what it was during the 1990s. Chevron is the only private Western company still pumping oil in Venezuela, operating under a special license...

Dalin Ou/iStock via Getty Images Market Overview Risk assets in general capped off a strong year with a solid fourth quarter. In contrast with recent trends, non-US equity markets led the way in 2025. While the threats to market stability that have prevailed throughout the year were undiminished during the quarter, investors continued to embrace risk. The S&P 500 Index gained 2.7% for the fourth quarter and 17.9% for the year, while the MSCI EAFE Index returned a respective 4.9% and 31.2%. Non-US fixed income also saw success in 2025, with the Bloomberg Global Aggregate Index returning 8.2% for the year while the Bloomberg US Bond Aggregate Index gained 7.3%. Notably, 2025 was only the third year in the past 10 that the MSCI EAFE has outperformed the S&P 500. Gold, meanwhile, surged 65% during the year, its largest annual return since 1979. 1 The US Double Bind Gets Tighter Despite ample motivation for conservatism in an environment of pronounced macro, financial, geopolitical and structural concerns, risk perception in US markets remains low pretty much wherever you look. Equity market valuation multiples are rich, high yield spreads are tight and implied volatility is low. 2 While the post-pandemic normalization of certain macro factors has been encouraging, the country's fiscal settings remain far off-kilter. The US federal deficit remains historically outsized relative to the unemployment rate—as it has since the outbreak of Covid-19. 3 Normally, high unemployment rates and recession beget large fiscal deficits, as lower tax revenues combine with increased government spending. Conversely, low unemployment rates and robust economic growth typically support higher tax revenues and tighter fiscal policy, causing deficits to contract or even turn into surpluses. If the economy were in balance, we'd expect budget deficits of around 2% of GDP—not the 5.8% at the end of fiscal year 2025. 4 We believe this persistent deficit spending helps explain the decoupling of gold...

Getty Images Few market trends over the past few years have been as sharp or jarring as the immediate backlash against enterprise software stocks, a group of names that were the darlings of the stock market and powered the S&P 500’s gains during the COVID boom. Fears about AI overtaking traditional software applications have multiplied, wiping out years of gains and rendering many stocks at bargain basement multiples. CRM or sales applications have been among the hardest-hit groups thanks to perceptions that they’re less deeply ingrained into business operations, and among them, HubSpot ( HUBS ) has been one of the hardest hit. The stock has lost half of its value since January alone, and over the last year, the company has lost over 70% of its market value. A strong earnings print did little to spark rebound spirits for the stock, leaving many investors to wonder: Is the road back now an impossible hill to climb for HubSpot? Data by YCharts I last wrote a "Buy" article on HubSpot in November, when the stock was trading just shy of $400. Needless to say, I wasn’t able to predict the swift backlash against software stocks, and HubSpot has burned a hole through my portfolio. That said, amid what is likely the most challenging period for software stocks, we have to remember that old market adage: to be greedy when others are fearful. I sold off a lot of software stocks and warned on overheated valuations during the pandemic; now, the situation has reversed. At such low multiples of revenue and profit, HubSpot remains a "Buy" in my eyes. Since the most incredible aspect about investing in HubSpot is its valuation, let’s first discuss how the stock’s decimation in early 2026 stacks up against its outlook for the year: at current share prices near $210, HubSpot commands a market cap of $11.03 billion. Netting off the $1.84 billion of cash against zero debt on HubSpot’s most recent balance sheet gives us an enterprise of $9.19 billion. For FY26, HubSpot has guided to $3.69...

Jessica and Jacques Moretti are under criminal investigation for involuntary manslaughter, as well as bodily harm and arson through negligence.

Hermes International press release ( HESAY ): FY consolidated revenue amounted to €16 billion in 2025, up 9% at constant exchange rates and 5.5% at current exchange rates compared to 2024. Net profit (group share) reached €4.5 billion, up 5.5%, excluding the exceptional contribution on the profits of large companies in France, atthe same pace as sales. More on Hermès International Société en commandite par actions Hermès International Société en commandite par actions 2025 Q4 - Results - Earnings Call Presentation Hermes: A Core Long-Term Holding In The Luxury Sector Seeking Alpha’s Quant Rating on Hermès International Société en commandite par actions Historical earnings data for Hermès International Société en commandite par actions Financial information for Hermès International Société en commandite par actions

Supreme Court To Hear Roundup Maker's Bid To Block Thousands Of Lawsuits In April Authored by Matthew Vadum via The Epoch Times, The U.S. Supreme Court scheduled oral argument in Monsanto’s appeal seeking to block thousands of lawsuits alleging the company failed to warn consumers that Roundup, its popular weedkiller, could cause cancer. The court announced on Feb. 11 that it will hear Monsanto Co. v. Durnell on April 27. The justices also scheduled arguments in two other high-profile cases. Chatrie v. United States, which is about the constitutionality of search warrants that collect the location history of cellphone users near crime scenes, will also be heard on April 27. The court will hear the consolidated cases of Federal Communications Commission (FCC) v. AT&T and Verizon Communications v. FCC together on April 21. The cases are about whether provisions in the federal Communications Act of 1934 allowing the FCC to use in-house adjudications to levy penalties are constitutional. In the Monsanto case, a jury ruled for John Durnell, a Missouri man who allegedly developed non-Hodgkin lymphoma after exposure to Roundup. The jury found Monsanto liable for failing to warn Durnell of the danger posed by the ingredient glyphosate and awarded him $1.25 million in damages. Glyphosate is an herbicide that kills weeds and grasses. A state appeals court upheld the jury’s finding of liability, and the Missouri Supreme Court declined to take up the matter. Many other lawsuits have been filed across the United States alleging that Roundup caused medical problems. Missouri has not issued an official health warning about Roundup, and Monsanto has been unsuccessful in lobbying the Missouri Legislature to shield it from state-level failure-to-warn lawsuits. In 2015, an agency within the World Health Organization (WHO) classified glyphosate as “probably carcinogenic to humans.” The U.S. Environmental Protection Agency (EPA) rejected that conclusion, but in 2017, California accepted...

格隆汇2月13日｜市场消息：特朗普领导下的美国环境保护署采取行动，推翻了前总统拜登此前制定的汽车尾气排放规定，这些规定原本旨在推动电动汽车产量提升。

紐約聯邦儲備銀行一項研究發現，美國企業與消費者幾乎完全承擔商品進口關稅去年調高後的關稅成本。 根據調查報告，美國去年進口商品平均關稅率年初為百分之2.6，到4月升至最高逾百分之16，到年底仍達百分之13。報告指去年頭八個月，九成四關稅負擔轉嫁到美國進口價格、即是絕大部分關稅成本要由美國企業及消費者承擔。到去年11月，關稅轉嫁比率下降至八成六，反映外國出口商承擔關稅的比例稍為上升。 研究結果同總統特朗普的說法不一致。特朗普曾聲稱，對貿易夥伴徵收的關稅，會由外國出口商承擔。

Yahoo Finance Senior Producer John Hyland tracks Thursday's top moving stocks and biggest market stories in this Market Minute. Mortgage rates are falling, hovering near three-year lows, according to Freddie Mac (FMCC). Alphabet (GOOG, GOOGL) stock is moving higher after the company released a Gemini 3 upgrade. Paramount Skydance (PSKY) CEO David Ellison reportedly met with President Trump at the White House last week. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.

AMD Celebrates Winning of Production Technology Lumiere Award TechPowerUp

Hedge fund manager David Einhorn is betting that the Federal Reserve — under Kevin Warsh — will lower interest rates “substantially more than” markets are currently predicting. The co-founder of Greenlight Capital said he has bought Secured Overnight Financing Rate (SOFR) futures on expectations of a rally if the Fed lowers borrowing costs more aggressively. “I think one of the best trades out there right now is betting on more cuts this year than expected,” Einhorn said on CNBC Wednesday . “I think by the time we get to the end of the year, it’s going to be substantially more than two cuts.” He made the comments after a better-than-expected jobs report prompted traders to pare back their bets for Fed cuts this year, to just about two quarter-point moves. Einhorn said Warsh, whom President Donald Trump has picked to succeed current Fed Chair Jerome Powell , is likely to deliver what the president wants: Lower borrowing costs. Trump has relentlessly pushed Powell — whose term as the Fed chief will end in May — to lower rates, a move that would help reduce interest costs on US government debt. The Fed chair is only one of the 12 policymakers voting on interest rates. But Einhorn said Warsh, a former Fed governor, could convince his colleagues to adopt his view that rising productivity will create room for easier monetary policy — even if the economy is strong. “He’s not being brought on to hold the rates at a steady rate,” Einhorn said. “He’s going to argue we can cut even if the economy is running hot.”

格隆汇2月13日｜消息人士：康卡斯特(CMCSA.O)旗下Sky就以22亿美元收购ITV的谈判已放缓，原因是媒体行业格局正在发生变化。

RELX press release ( RELX ): FY Revenue £9,590m (£9,434m), underlying growth +7%. Adjusted EPS 128.5p (120.1p). More on RELX RELX: Downside As Expected, Still A 'Hold' Enterprise software stocks tumble as analysts mull growth acceleration amid AI impact Seeking Alpha’s Quant Rating on RELX Historical earnings data for RELX Dividend scorecard for RELX

The FCC has approved the launch of Amazon's 4,500 satellites.

格隆汇2月13日｜消息人士：与其他主张相比，企业提出的独家创新主张成功获批的可能性更高。

格隆汇2月13日｜消息人士：欧盟正全面修订并购规则，以推动泛欧范围内的交易达成。欧盟反垄断监管机构在评估并购时将考虑创新、可持续性、韧性、投资和就业。

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【有線新聞】「藥倍安心」平台懷疑「請槍」事件，披露事件吹哨人鄭曦琳涉嫌觸犯起底罪被捕，根據個人資料私隱條例，若基於符合公眾利益而披露資料可提出免責辯護，有議員質疑免責界線如何界定。 蘇紹聰：「就一些披露或是起底行為，是為了揭露社會不公，或有些隱藏的犯罪行為，這個情況之下條紅線在哪，留意到條例的精神是合法新聞活動，或有理由相信符合公眾利益有免責自由，但這個免責自由比較含糊。」 私隱專員鍾麗玲：「我們會考慮例如起底者刑事意圖，是否非法披露當事人沒有同意的訊息，刑事意圖包括是否意圖令當事人受到指明傷害，或是罔顧有理無理將訊息披露，令當事人受到指明傷害，若是傳媒報道、有公眾利益的報道，在私隱條例之下有豁免。」

Earnings Call Insights: Bruker Corporation (BRKR) Q4 2025 Management View Frank Laukien, Chairman, CEO & President, reported that despite a challenging 2025 with headwinds from academic funding, tariffs, and currencies, "we delivered revenues ahead of our expectations" in Q4. The BSI segment book-to-bill was again over 1.0x, suggesting the company is past the trough in demand seen mid-2025. Laukien highlighted, "we saw a strong free cash flow in Q4 over $200 million after admittedly weaker cash flow earlier in 2025." Laukien explained that ELITech and Chemspeed acquisitions delivered mid- to high single-digit organic revenue growth, while NanoString was flat due to U.S. academic funding pressure. However, "spatial biology, including NanoString, orders were up in the double-digit percentages organically in the fourth quarter of 25% year-over-year." On innovation, Laukien stated, "our innovation engine continued to shine in 2025 with outstanding and very competitive product launches... Many of these recent launches have seen strong initial demand, which we expect to drive revenue growth in fiscal year '26 and beyond." Laukien outlined the 2026 guidance: "reported revenue growth of 4–5%, with 1% to 2% organic revenue growth for the full year and an approximate 1.5% revenue growth contribution from M&A." He added, "we aim for 250 to 300 bps operating profit margin improvement in '26 despite and including a 50 bps currency headwind." Gerald Herman, Executive VP & CFO, provided context: "revenue for the quarter came in about $20 million above our guide expectations. However, despite the top line outperformance our non-GAAP operating margin of 15.7% came in below our expectations by about 100 basis points." Herman highlighted, "we delivered over $100 million in improved working capital performance in the fourth quarter of '25 and with CapEx investments at $22.6 million drove free cash flow of $207.3 million in the fourth quarter of '25 up about $54 million over the fourth ...

“We Have Recently Closed our Visitor Center”: Microsoft Stock (NASDAQ:MSFT) Slips on Unexpected Closure TipRanks

(RTTNews) - Finishing off this week's series of announcements of the results of its long-term securities auctions, the Treasury Department on Thursday revealed this month's auction of $25 billion worth of thirty-year bonds attracted well above average demand.

Shares of wealth management stocks tumbled after AI startup Altruist released a tax planning tool, Hazel. Altruist CEO Jason Wenk explains what makes his company’s tools different from traditional software. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)

Key PointsMicrosoft is delivering strong cloud growth.

At Holdings Channel, we have reviewed the latest batch of the 25 most recent 13F filings for the 12/31/2025 reporting period, and noticed that Boston Scientific Corp. (Symbol: BSX) was held by 10 of these funds. When hedge fund managers appear to be thinking alike, we find it is