Earnings Call Insights: NXP Semiconductors N.V. (NXPI) Q4 2025 Management View CEO Rafael Sotomayor reported that "our overall performance during the fourth quarter was solid, with all end markets performing either in line or better than expected. All regions were up on a year-on-year basis." NXP delivered revenue of $3.34 billion in Q4, up 7% year-on-year and 5% sequentially, which was $35 million above the midpoint of guidance. Non-GAAP operating margin was about 35%. Sotomayor highlighted, "Automotive revenue was $7.1 billion, flat year-on-year due to slower inventory digestion at direct customers in the first half of 2025. With the inventory digestion behind us, the second half performance aligns with our group, our 8% to 12% long-term growth outlook." The CEO noted strong design wins and global adoption in software-defined vehicles (SDV), referencing S32 and S32K processor families, and cited that "early conversations with customers from the recently acquired technologies from TTTech Auto and Aviva Links are accelerating interest in NXP's SDV portfolio." Sotomayor shared that, "the early conversations with customers from the recently acquired technologies from TTTech Auto and Aviva Links are accelerating interest in NXP's SDV portfolio. The potential revenue contribution from these engagements should materialize beyond 2027." In industrial and IoT, revenue was $2.3 billion, flat year-on-year, but second half growth was materially above the 8% to 12% long-term growth outlook. "Customer interest has been exceptionally strong, and these engagements reinforce our vision of physical AI and the power of the NXP platform," Sotomayor said. Mobile revenue was $1.6 billion, up 6% year-on-year, with "stronger demand and content gains in the premium mobile market." Communications infrastructure revenue was $1.3 billion, down 24% year-on-year; NXP anticipates flat growth longer term for this segment. CFO Bill Betz stated, "Q4 was solid with strong execution and results abov...

Earnings Call Insights: AudioCodes Ltd. (AUDC) Q4 2025 Management View Shabtai Adlersberg, Co-Founder, President, CEO & Director, opened by highlighting "another quarter of solid top line growth in fourth quarter '25" and described 2025 as a period of "stabilization and growth for our company" following prior economic challenges. He emphasized the company’s transition to "an AI-driven hybrid cloud software and services company," noting the moderation in the rate of decline for legacy business and robust upward trajectory for newly invested VoiceAI areas. Adlersberg reported that Live managed services and the VoiceAI business "contributed to $79 million annual recurring revenue exit 2025, representing growth of 22% year-over-year." He also stated that VoiceAI revenue grew by 35% year-over-year, and the company plans to "keep growing this business line at a rate of 40% to 50% annually in coming years" with a target of $50 million by 2028. Niran Baruch, CFO & VP of Finance, stated, "Revenues for the fourth quarter were $62.6 million, an increase of 1.7% over the $61.6 million reported in the fourth quarter of last year." He added, "Full year 2025 revenues were $245.6 million, an increase of 1.4% over the $242.2 million reported in 2024." Baruch also shared, "Our guidance for the full year 2026 is as follows: we expect revenues in the range of $247 million to $255 million and non-GAAP earnings per share -- diluted earnings per share of $0.60 to $0.75." Outlook For 2026, management expects revenues between $247 million and $255 million and non-GAAP EPS of $0.60 to $0.75, projecting "continued strong growth of 40% to 50% in the VoiceAI business and a stable connectivity outlook." Adlersberg stated, "Our overall annual recurring revenues...is expected to grow from 79 exit '25 on growing 20% in 2026 and reaching a range of $92 million to $98 million in '26." The company plans to maintain its "formula for success, improving revenue growth driving steady margin expansion and ...

Earnings Call Insights: Madison Square Garden Entertainment Corp. (MSGE) Q2 2026 Management View David Collins, Executive VP & CFO, stated that "for the company's fiscal second quarter, we reported revenues of $460 million and adjusted operating income of $190 million, both representing double-digit percentage increases year-over-year." He highlighted another record-setting year for the Christmas Spectacular, with 215 paid performances and over 1.2 million tickets sold, the highest attendance for the production in 25 years. Collins emphasized growth across bookings, sponsorship and suites, and revenue streams related to the Knicks and Rangers, expressing confidence in delivering "robust growth in revenue and adjusted operating income this fiscal year." Collins noted the successful implementation of Sphere Immersive Sound at Radio City Music Hall and the addition of new marketing partnerships, including a multiyear renewal with Anheuser-Busch and an expanded partnership with Infosys, which now holds naming rights at the Theater at Madison Square Garden. Collins also pointed to strong sales and renewals for premium hospitality suites, including recently renovated Lexus level suites, and a positive trajectory for both marketing partnerships and premium hospitality in fiscal 2026. Outlook Management indicated confidence in the company’s path to deliver robust revenue and adjusted operating income growth in fiscal 2026, supported by solid first-half performance and successful event execution. Collins signaled continued momentum with events such as the 30-night Harry Styles residency at the Garden beginning in August and highlighted the pacing ahead for concert bookings at both the Garden and the company’s theaters for the rest of fiscal 2026 and into fiscal 2027. Collins stated, "we are off to a really strong start at the arena. We are pacing well ahead in the first half of fiscal '27 as compared to the first half of fiscal '26." Financial Results MSG Entertainment repor...

Mann has encouraging personal memories of Twickenham, having scored a try in the 16-14 defeat against England in 2024 in what was only his second international. Despite the loss, the occasion gave him a glimpse of the importance of the fixture. "It is big game for the country so we're going to do everything in all powers to get our win on Saturday," said Mann. "It's a big occasion, it means a lot to the Welsh people and the Welsh fans. "So we know that it's our job to go and put a performance in for Wales." England have won their past 11 internationals, including four victories in the autumn campaign, which has lifted them to third in the world. In contrast, Wales have lost 21 out of 23 internationals with the only victories against Japan in Kobe and Cardiff in 2025. The run of defeats included an unprecedented 18-match successive Test losing sequence and record home losses against England (68-14), Argentina (52-26) and South Africa (73-0). Wales have not won a Six Nations match since March 2023 against Italy in Rome, with the record of 11 successive defeats resulting in two winless tournaments. But Mann says he is not concerned with Wales being written off. "We have that inner belief as a group so it doesn't matter what other people say outside because that's irrelevant," he added. "We know what we can do and the calibre of players we have got, so we have that self-confidence that we can go and put a performance in and turn teams over. "That's the exciting bit for us."

格隆汇2月4日｜市场消息：科威特国际石油公司与阿曼国家能源集团OQ签署协议，将在杜库姆开发石化综合体。

格隆汇2月4日｜印度民航监管机构：印度航空与靛蓝航空的飞机在孟买机场发生翼尖剐蹭。事发时两架飞机均在滑行。两架飞机已返回机库接受检查。

Nintendo has had plenty of highs over its few decades in the video game industry. Popularizing home consoles with the NES, introducing new audiences to games through the Wii’s motion controls, and the touchscreen Trojan horse that was the Nintendo DS, to name a few. But often these successes were followed by missteps; the Wii sold 100 million units, while its follow-up, the Wii U, couldn’t even manage a quarter of that. But that precarity looks to change. The Switch is now Nintendo’s best-selling console ever, surpassing the DS with 155 million units sold since its debut in 2017. And over that span Nintendo has transformed itself into a company better insulated against the ever-changing whims of the games industry. One of the key factors behind the Switch’s success was how it represented a more unified version of Nintendo. In 2013, the company merged its two main game development divisions, which had previously been split into home console and handheld groups. Given how the Switch straddled the line between console and handheld, this made a lot of sense. But it also allowed Nintendo to put the full might of its creative resources behind a single platform. The result was a string of massive hits: games like Mario Kart 8 Deluxe, Animal Crossing: New Horizons, Super Smash Bros. Ultimate, The Legend of Zelda: Breath of the Wild, and Super Mario Odyssey all sold upward of 30 million copies. Just as important, this structure allowed Nintendo to release big games consistently over the Switch’s lifespan. Even as the focus shifted to the next console, the Switch’s final years still included brand-new Zelda and Super Mario games. The structure has also allowed Nintendo to seamlessly continue this success into the launch of the Switch 2, which got off to a very fast start and debuted alongside a brand-new Mario Kart, which was followed by Donkey Kong and Metroid. The Nintendo Museum in Kyoto. Image: Nintendo It’s not a completely unique strategy: Just about every video game co...

Five years ago, Databricks coined the term 'data lakehouse' to describe a new type of data architecture that combines a data lake with a data warehouse. That term and data architecture are now commonplace across the data industry for analytics workloads. Now, Databricks is once again looking to create a new category with its Lakebase service, now generally available today. While the data lakehouse construct deals with OLAP (online analytical processing) databases, Lakebase is all about OLTP (online transaction processing) and operational databases. The Lakebase service has been in development since June 2025 and is based on technology Databricks gained via its acquisition of PostgreSQL database provider Neon . It was further enhanced in October of 2025 with the acquisition of Mooncake, which brought capabilities to help bridge PostgreSQL with lakehouse data formats. Lakebase is a serverless operational database that represents a fundamental rethinking of how databases work in the age of autonomous AI agents. Early adopters, including easyJet, Hafnia and Warner Music Group, are cutting application delivery times by 75 to 95%, but the deeper architectural innovation positions databases as ephemeral, self-service infrastructure that AI agents can provision and manage without human intervention. This isn't just another managed Postgres service. Lakebase treats operational databases as lightweight, disposable compute running on data lake storage rather than monolithic systems requiring careful capacity planning and database administrator (DBA) oversight. "Really, for the vibe coding trend to take off, you need developers to believe they can actually create new apps very quickly, but you also need the central IT team, or DBAs, to be comfortable with the tsunami of apps and databases," Databricks co-founder Reynold Xin told VentureBeat. "Classic databases simply won't scale to that because they can't afford to put a DBA per database and per app." 92% faster delivery: From ...

Upcoming ISG Provider Lens® reports will evaluate providers helping enterprises advance from cloud migration to unified intelligence STAMFORD, Conn., February 03, 2026--(BUSINESS WIRE)--Information Services Group (ISG) (Nasdaq: III), a global AI-centered technology research and advisory firm, has launched a research study examining service providers helping enterprises redesign business processes using Microsoft’s AI-embedded platforms. The study results will be published in a series of comprehensive ISG Provider Lens® reports, called Microsoft AI and Cloud Ecosystem, scheduled to be released in July 2026. The reports will cover companies offering Microsoft productivity and business process services, Azure-based data transformation and AI services, Azure managed services and Azure-focused professional services. Enterprise buyers will be able to use information from the reports to evaluate their current vendor relationships, potential new engagements and available offerings, while ISG advisors use the information to recommend providers to the firm’s buy-side clients. Microsoft is increasingly integrating productivity tools, analytics, collaboration platforms and AI-driven innovation to address enterprise needs through a unified intelligence layer. This integration is reflected in the growing use of Copilot-powered features, AI agents and agentic workflows that help companies automate routine tasks, improve collaboration and increase cross-application productivity. At the same time, enterprises are moving toward large-scale data transformation, autonomous operations and AI-enabled decision-making, supported by platforms such as Microsoft Fabric, Azure OpenAI and Dynamics 365. "Enterprises around the world are seeking Microsoft partners that can address key AI-related challenges such as cultural shifts, trust, large-scale adoption and return on investment," said Heiko Henkes, principal analyst at ISG. "They are focused on becoming human-led, agent-operated organization...

Marvell stock is down, AI demand is heating up, and this overlooked catalyst could decide whether investors are early or late. Marvell Technology (MRVL 6.29%) is quietly becoming a critical player in AI data center infrastructure as demand for custom silicon and high-speed connectivity explodes. A recent acquisition could unlock new revenue streams and reignite growth just as the stock sits well below its highs. Stock prices used were the market prices of Jan. 26, 2026. The video was published on Jan. 31, 2026.

Microsoft stock is getting hammered following its recent earnings report. Microsoft (MSFT 2.79%) kicked off big tech earnings this week and so far Wall Street isn't happy. Despite beating expectations across the top and bottom lines, investors are spooked about Microsoft's rising costs. In my eyes, the hyperscaler's decision to double down on its artificial intelligence (AI) infrastructure road map is a no-brainer. While analysts continue to harp on Microsoft's capital expenditure (capex) profile, I'm looking at an entirely different metric. Microsoft's costs are soaring, but so is the future of its business For the second quarter of fiscal 2026 (period ended Dec. 31), Microsoft reported $81.3 billion in revenue -- up 17% year over year. Perhaps most encouraging was growth from the company's cloud computing division, Azure. Sales in the intelligent cloud segment rose 29% year over year to $32.9 billion, while Azure services specifically increased 39% compared to last year. Accelerating sales is not Microsoft's problem. The main drag on the stock revolves around the company's surging capex. During the quarter, Microsoft spent $37.5 billion on capex -- a 66% increase compared to last year. On the surface, increasing your costs to maintain your top-line growth might make sense. Here's the issue: Microsoft's operating cash flow during the quarter was $35.8 billion -- less than what the company spent on capex. In addition, Microsoft's free cash flow declined as a result of rising infrastructure investments. The question that has analysts worried is simple: Can Microsoft maintain its spending, or is the company getting ahead of itself? In my eyes, management gave us the answer, but no one seems to be paying attention. During the earnings call, Microsoft CFO Amy Hood explained that the company's remaining performance obligations (RPO) grew 110% year over year to $625 billion. What's even more interesting is that 45% of the RPO backlog is tied to OpenAI. Expand NASDAQ : MSF...

It’s actually not a bad line of questioning for us to consider: What is it with our National Football League obsession—especially the televised version of it? How and why did pro football become such an integral part of the American experience? “People like that football is unscripted entertainment with tradition,” says Jerry Jones, the omnipresent owner of the Dallas Cowboys.

Microsoft stock is getting hammered following its recent earnings report. Microsoft (MSFT 2.86%) kicked off big tech earnings this week and so far Wall Street isn't happy. Despite beating expectations across the top and bottom lines, investors are spooked about Microsoft's rising costs. In my eyes, the hyperscaler's decision to double down on its artificial intelligence (AI) infrastructure road map is a no-brainer. While analysts continue to harp on Microsoft's capital expenditure (capex) profile, I'm looking at an entirely different metric. Microsoft's costs are soaring, but so is the future of its business For the second quarter of fiscal 2026 (period ended Dec. 31), Microsoft reported $81.3 billion in revenue -- up 17% year over year. Perhaps most encouraging was growth from the company's cloud computing division, Azure. Sales in the intelligent cloud segment rose 29% year over year to $32.9 billion, while Azure services specifically increased 39% compared to last year. Accelerating sales is not Microsoft's problem. The main drag on the stock revolves around the company's surging capex. During the quarter, Microsoft spent $37.5 billion on capex -- a 66% increase compared to last year. On the surface, increasing your costs to maintain your top-line growth might make sense. Here's the issue: Microsoft's operating cash flow during the quarter was $35.8 billion -- less than what the company spent on capex. In addition, Microsoft's free cash flow declined as a result of rising infrastructure investments. The question that has analysts worried is simple: Can Microsoft maintain its spending, or is the company getting ahead of itself? In my eyes, management gave us the answer, but no one seems to be paying attention. During the earnings call, Microsoft CFO Amy Hood explained that the company's remaining performance obligations (RPO) grew 110% year over year to $625 billion. What's even more interesting is that 45% of the RPO backlog is tied to OpenAI. Expand NASDAQ : MSF...

Image source: The Motley Fool. Tuesday, Feb. 3, 2026 at 11:00 a.m. ET Call participants Co-Chief Executive Officer — Erik Hirsch Chief Financial Officer — Jeff Armbrister Head of Investor Relations — John Oh Need a quote from a Motley Fool analyst? Email [email protected] Takeaways Total Asset Footprint -- Over $1 trillion at quarter end, representing a 6% year-over-year increase. -- Over $1 trillion at quarter end, representing a 6% year-over-year increase. Assets Under Management (AUM) -- $146 billion, up $11 billion or 8% year over year, driven by both specialized funds and customized separate accounts. -- $146 billion, up $11 billion or 8% year over year, driven by both specialized funds and customized separate accounts. Assets Under Advisement (AUA) -- $871 billion, reflecting a $50 billion or 6% increase primarily from portfolio market value growth and new technology solutions mandates. -- $871 billion, reflecting a $50 billion or 6% increase primarily from portfolio market value growth and new technology solutions mandates. Fee-Earning AUM -- $79.1 billion, up $8.1 billion or 11% year over year; net quarterly growth was $2.7 billion or 4%. -- $79.1 billion, up $8.1 billion or 11% year over year; net quarterly growth was $2.7 billion or 4%. Specialized Fund Fee-Earning AUM -- $38.1 billion, growing $6.9 billion or 22% over twelve months; net quarterly growth was $2.4 billion or 7%. -- $38.1 billion, growing $6.9 billion or 22% over twelve months; net quarterly growth was $2.4 billion or 7%. Customized Separate Account Fee-Earning AUM -- $41.1 billion, increasing $1.3 billion or 3% over twelve months; net quarter-over-quarter growth was $280 million or 1% with cited timing variability for deployment. Growth was offset by fee basis step-downs and capital returns. -- $41.1 billion, increasing $1.3 billion or 3% over twelve months; net quarter-over-quarter growth was $280 million or 1% with cited timing variability for deployment. Growth was offset by fee basis st...

Corn price action is up 1 to 2 cents so far on Tuesday morning. Futures were down 2 to 3 cents in the front months at Monday’s close. Open interest on Monday showed new selling, up 12,836 contracts on the losses. The CmdtyView national average Cash Corn price was down 1 3/4 cents at $3.92 1/2. Crude oil was down $2.56/barrel, with the US dollar index up $0.581. NASS released their monthly Grain Crushings report on Monday afternoon, with December corn used for ethanol at 488.26 million bushels. That was a record high for the month and was 5.1% above the same week last month. Marketing year corn used in ethanol production is at 1.863 billion bushels, up 1.1 million bushels from the same period last year. Don’t Miss a Day: Monday morning’s Export Inspections report showed 1.136 MMT (44.74 mbu) of corn shipped in the week of 1/29. That was 9.88% below the week prior and 26.55% shy of the same week last year. Japan was the largest destination of 444,439 MT, with 260,227 MT shipped to Mexico and 147,478 MT to Colombia. The marketing year total is now 32.611 MMT (1.284 bbu) of corn shipped since September, which is still 49.86% above the same period last year. On Monday President Trump issued a Truth Social post that a call with India’s President Modi went well with the US lowering tariffs on the country from 25% to 18% and India agreeing to buy over $500 billion of US energy, technology, agricultural, coal and other products. India has historically been a top 3 to 4 buyer of US ethanol. StoneX estimates the first corn crop in Brazil at 26.59 MMT, up 610,000 MT from their previous number. Their second crop projection is 106.37 MMT, a 560,000 MT increase from the prior estimate. A South Korean importer purchased a total of 134,000 MT of corn in a tender overnight. Mar 26 Corn closed at $4.25 3/4, down 2 1/2 cents, currently up 2 cents Nearby Cash was $3.92 1/2, down 1 3/4 cents, May 26 Corn closed at $4.33 1/2, down 2 1/4 cents, currently up 1 3/4 cents Jul 26 Corn closed a...

The S&P 500 Index ($SPX) (SPY) today is down -0.58%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.07%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.24%. Stock indexes are mixed today, with the Nasdaq down significantly despite robust earnings from Palantir Technologies and Teradyne sparked a rally in technology stocks. Palantir Technologies is up more than +5% after forecasting 2026 revenue that significantly exceeded expectations. Also, Teradyne is up by more than +8% after forecasting Q1 revenue well above consensus. Join 200K+ Subscribers: Mining stocks are also climbing today, with the price of gold up more than +6% and silver prices soaring more than +13%. Precious metals are rebounding after the sharp selloff seen over the past two sessions. On the negative side for stocks is an -18% plunge in PayPal Holdings, which is weighing on the Nasdaq 100. Also, higher bond yields are undercutting stocks after strong US manufacturing data on Monday, and hawkish Fed comments have curbed expectations for additional rate cuts. The 10-year T-note yield climbed to a 1.5-week high today at 4.3%. Richmond Fed President Tom Barkin said today that the US economic outlook is improving as uncertainty fades, but risks remain, with hiring concentrated in a few sectors and inflation still running above the Fed's goal. The partial US government shutdown, now in its fourth day on Tuesday, has dampened investor sentiment as markets await the House's approval of a funding deal President Trump worked out with Democrats. The funding lapse may be short-lived, however, with the House possibly voting on the spending bill later today. The partial shutdown has already prompted the Bureau of Labor Statistics to delay the release of today’s Dec JOLTS job opening report and Friday’s Jan nonfarm payrolls report. The markets this week will focus on earnings, economic news, and the passage of a spending bill to end the partial government shutdown. On Wednesday, the Jan ADP employment c...

全球最大另类资产管理公司 黑石 集团总裁兼首席运营官乔恩・格雷周二表示，人工智能技术发展对企业带来的颠覆风险，是集团当前 首要关注的核心议题 。 “在当下几乎所有业务决策中，我们都必须将这一因素纳入考量。” 格雷在佛罗里达州西棕榈滩举行的《华尔街曰报》投资现场论坛上表示。 黑石集团管理着 1.27 万亿美元 资产，业务覆盖全球绝大多数经济领域。 格雷称，集团部分投资组合（包括三明治连锁门店与公寓综合体） 受 AI 冲击的风险相对较低 。但他补充，其他业务正面临更为严峻的挑战，例如某保险公司已为使用自动驾驶汽车的客户下调保费。 “你会开始思考：这对汽车维修行业意味着什么？对汽车保险行业意味着什么？各类规则驱动型商业模式将何去何从？” 他说。 与其他大型私人资本机构一样，黑石已大举投资人工智能基础设施领域，其中包括数据中心运营商 QTS—— 该业务去年为旗下基金带来了显著增长。此外，黑石还布局发电与输电网路，并于去年同意以 115 亿美元 收购美国公用事业公司 TXNM。 格雷指出，布局 AI 产业的 “配套基础设施”，是把握人工智能大趋势最稳妥的策略。 “你未必需要预判谁会成为 AI 赢家、谁会沦为输家。” 格雷表示，“数据中心、自动驾驶汽车、机器人，所有这些都离不开电力与数字基建，市场对这类基础设施的需求将极为庞大。” 格雷还透露，黑石正投资大语言模型企业及其他人工智能应用软件开发公司，“因为我认为这一领域将创造巨大价值，但显然这类投资的风险也更高”。 责任编辑：郭明煜

JHVEPhoto Paramount Skydance ( PSKY ) CEO David Ellison declined an invitation to testify before the Senate at an antitrust hearing about Netflix's ( NFLX ) planned purchase of Warner Bros. Discovery ( WBD ). Ellison, who started a hostile tender offer for Warner Bros., said he didn't believe it would benefit him to appear before the panel, according to a Bloomberg report on Tuesday, which cited people with knowledge of the hearing' s arrangements. Ellison told the committee that the Netflix ( NFLX ) deal is anticompetitive on its face, while a Paramount ( PSKY ) deal would fall below antitrust thresholds, according to the report. He would agree to offer written testimony and appear before the panel if the Netflix deal isn't completed and the Paramount deal moves forward. Netflix ( NFLX ) and Warner Bros. ( WBD ) executives are scheduled to testify before a Senate panel on Tuesday about Netflix's planned $82.7 billion deal for the entertainment giant. A Paramount spokesperson declined to comment on the invite to Bloomberg. More on Warner Bros. Discovery, Paramount Skydance Corporation, etc. Netflix: A Buy With Or Without Warner Bros. Discovery Netflix Has Further To Fall Netflix And Warner Bros. Discovery Discover A New Path Forward State AGs urged by filmmakers, small theaters to block Netflix-Warner Bros. deal: report The world’s strongest brands in 2025, ranked

诺和诺德ADR恢复交易，最新跌幅超10%，此前其因待发布消息而暂停交易(财联社) 免责声明： 风险提示：本文内容仅供参考，不代表同花顺观点。同花顺各类信息服务基于人工智能算法，如有出入请以证监会指定上市公司信息披露平台为准。如有投资者据此操作，风险自担，同花顺对此不承担任何责任。

Why Palantir's Rule Of 127 Is A Nightmare For Short Sellers Finviz

Kevin Dietsch/Getty Images News PIMCO Income Strategy Fund II ( PFN ) offers an appealing 11.6% dividend yield. While it's had challenges in the past, I think the change of winds at the Federal Reserve should help this fund. Concept of the Fund PFN is an actively managed, closed-end fund that primarily invests in fixed-income securities. Through this approach, the fund primarily aims to provide current income. According to its prospectus , it balances for the following in its investment selection: Duration Credit quality Risk management techniques Diversification (issuers and industries) Breakdown By Maturity and Sector (Dec. 2025 Fact Sheet) The diversification is visible with its spread across many industries, albeit with a slight concentration in technology as its largest, at 19%. Maturities in the portfolio are also staggered, with concentrations in 3-5 years and 10-20 years. Dec. 2025 Fact Sheet In order to achieve their high yield, a large portion of the portfolio is invested in a high-yield credit. This allocation is much larger than the allocation to investment grade. Dec. 2025 Fact Sheet Leverage is used to pull the yield up more. With about a quarter of the fund leveraged, interest expense makes up most of the expense ratio, compared to the management fee of 0.83%. 2025 Semiannual Report Their primary form of leverage is reverse repurchase agreements. These are subject to margin call provisions and follow short-term interest rates. Overall, it's a plausible way to create high-yielding income, but it's not without some vulnerabilities. Performance and History As an income fund, PFN has managed to pay its income, but it's shown signs of drag over the long run. PFN 10Y Annual Dividends (Seeking Alpha) From 2026 to 2025, the annual dividend rate steadily declined from $0.96 per share to $0.86. These declines began in 2020 and steadily continued thereafter. Long-term, we see the effects of the COVID crash in the market and the rapid increase of interest rates b...

In an aerial view, storm clouds hang over the Jet Propulsion Laboratory (JPL) on February 7, 2024 in Los Angeles, California. David McNew | Getty Images NASA's long-awaited moonshot with astronauts is off until at least March because of hydrogen fuel leaks that marred the dress rehearsal of its giant new rocket. It's the same problem that delayed the Space Launch System rocket's debut three years ago. That first test flight was grounded for months because of leaking hydrogen. NASA announced the news Tuesday, shortly after the critical fueling test ended at Kennedy Space Center. Until the exasperating hydrogen leaks, the space agency had been targeting as soon as this weekend for humanity's first trip to the moon in more than half a century. "As always, safety remains our top priority," NASA's new administrator Jared Isaacman said via X. "We will only launch when we believe we are as ready to undertake this historic mission." Officials said the monthlong delay will allow the launch team to conduct another fueling test before committing the four astronauts — three U.S. and one Canadian — to a lunar fly-around. The leaks cropped up early in Monday's loading operation and again hours later, ultimately halting the countdown clocks at the five-minute mark. Launch controllers had wanted to get all the way down to a half-minute in the countdown. NASA interrupted the flow of hydrogen several times in an attempt to warm up the area between the rocket and fuel lines and, hopefully, reseat any loose seals. But that didn't work and neither did altering the flow of the hydrogen — adjustments that allowed the first SLS rocket to finally soar without a crew in 2022. With their launch now off until at least March 6, commander Reid Wiseman and his crew were given the all-clear to emerge from quarantine in Houston. They will reenter it two weeks before the next launch attempt. NASA has only a handful of days any given month to send them around the moon — the first time astronauts will...

Perhaps 2026 is shaping up to be one of the biggest IPO years in a while, with Elon Musk’s SpaceX reportedly poised to merge with AI firm xAI. Undoubtedly, it’s hard to tell when a potential IPO could be, but one thing is almost certain: that demand for a front-row seat to the SpaceX-xAI IPO ... This Impressive ETF Has a Huge Stake in SpaceX

Should Investors Buy Amazon Stock Ahead of Q4 Earnings Release? Zacks Investment Research

诺和诺德ADR股票恢复交易，跌幅瞬间扩大至超过9.2%。 诺和诺德股票走势拖累减肥药概念股，硕迪生物跌4.7%，HIMS跌3.4%，辉瑞制药跌3%，礼来跌2.7%，福泰制药跌1.8%。

Precious metals may be done falling — but they’re not done being tested.

欧盟金融服务专员周二表示，欧洲必须牢牢掌控支撑本地区经济发展的关键技术，这一表态进一步呼应了欧盟内部日益高涨的呼声，即要求欧盟减少对美国科技巨头的依赖。 欧洲正愈发聚焦于 数字主权 —— 这一理念认为，依赖日益奉行孤立主义的美国企业，正对欧洲的经济与安全构成威胁。 欧盟专员玛丽亚・路易丝・阿尔布开克在布鲁塞尔举行的金融科技监管会议上表示：“欧洲必须掌控那些支撑并驱动我们经济发展的关键技术。” 荷兰央行的一位高级官员也在同一场合指出，欧洲应降低对区域外科技企业的依赖。 荷兰央行监管主席史蒂文・迈约尔称，欧洲金融机构因依赖少数云计算服务商，面临的网络攻击风险愈发突出；不过他补充道，部分机构正着手拓宽供应商版图。 迈约尔还称：“不可否认，近年来欧洲金融体系的脆弱环节愈发容易出现裂痕。” 他提及了网络安全风险，以及部分 “长期全球合作关系” 的恶化，但未点名具体国家。 欧洲央行去年 11 月曾表示，地缘政治紧张局势与技术变革冲击，是欧洲银行业面临的核心风险之一。 欧盟监管机构已将 亚马逊 云服务、 谷歌 云、 微软 等 19 家科技企业，列为欧盟金融业的 关键第三方云计算服务商 。 责任编辑：郭明煜

PayPal (NASDAQ:PYPL) shares are falling 18% in morning trading today after the company reported fourth-quarter earnings that missed expectations. Adjusted earnings came in at $1.23 per share, below the $1.29 consensus estimate, while revenue reached $8.68 billion against forecasts of $8.79 billion. The shortfall stemmed from softer consumer spending and slower growth in its branded ... PayPal Tanks After Earnings Miss: Could Elon Musk’s X Be the Lifeline?