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.
The Delaware Supreme Court on Friday cut legal fees owed by Tesla Inc. (NASDAQ:TSLA) to $70.9 million from $176.1 million in a shareholder lawsuit over director compensation. The court ruled that a Delaware Chancery Court judge overvalued the settlement when determining attorney fees. Lawyers represented the Detroit firefighter and police pension fund, which sued Tesla directors for excessive self...
The Delaware Supreme Court on Friday cut legal fees owed by Tesla Inc. (NASDAQ:TSLA) to $70.9 million from $176.1 million in a shareholder lawsuit over director compensation. The court ruled that a Delaware Chancery Court judge overvalued the settlement when determining attorney fees. Lawyers represented the Detroit firefighter and police pension fund, which sued Tesla directors for excessive self-compensation. Elon Musk responded to the news on X, saying, “Delaware Supreme is saving the state.” Don't Miss: Missed Nvidia and Tesla? RAD Intel Could Be the Next AI Powerhouse — Just $0.85 a Share If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Delaware Supreme is saving the state https://t.co/dSvgv7xi3D Directors Return $277 Million Tesla directors, including Chair Robyn Denholm and James Murdoch, agreed to return approximately $277 million in cash and stock options to the company. The settlement is worth $919 million, according to attorneys for shareholders in the Detroit firefighter and police pension fund. See Also: Blue-chip art has historically outpaced the S&P 500 since 1995, and fractional investing is now opening this institutional asset class to everyday investors. Delaware Faces Fee Reform Pressure The decision follows a $267 million legal fee award in a 2024 Dell Technologies Inc. (NYSE:DELL) case. Delaware’s bar association is preparing recommendations for state lawmakers on possible changes, Reuters reported. The Supreme Court also stated the intrinsic value of returned stock options should have been excluded from settlement calculations. Musk was not part of the settlement. He successfully defended his compensation in a separate case, with the Delaware Supreme Court overturning a 2024 ruling that had voided his 2018 Tesla pay package, calling the earlier decision improper and inequitable. Read Next: Wall Street's $12B Real Estate Manager Is Opening Its Doors to Individual Investors —...
Meta Platforms (NASDAQ: META) recently reported earnings that handily beat expectations on both the top and bottom lines, but the expected capital expenditures for 2026 were the real highlight of the company's report. In this video, you'll hear why two Fool.com analysts were not only surprised at the rate of spending, but at how the market reacted to it. *Stock prices used were the morning prices ...
Meta Platforms (NASDAQ: META) recently reported earnings that handily beat expectations on both the top and bottom lines, but the expected capital expenditures for 2026 were the real highlight of the company's report. In this video, you'll hear why two Fool.com analysts were not only surprised at the rate of spending, but at how the market reacted to it. *Stock prices used were the morning prices of Jan 29, 2026. The video was published on Feb.1, 2026. 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 » Should you buy stock in Meta Platforms right now? Before you buy stock in Meta Platforms, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Meta Platforms wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $450,256!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,171,666!* Now, it’s worth noting Stock Advisor’s total average return is 942% — a market-crushing outperformance compared to 196% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. See the 10 stocks » *Stock Advisor returns as of February 2, 2026. Matt Frankel, CFP has no position in any of the stocks mentioned. Tyler Crowe has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Meta Platforms. The Motley Fool has a disclosure policy. Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will ...
The crypto and options-focused brokerage plunged in sympathy with cryptocurrencies. Shares of new-aged online brokerage Robinhood Markets (HOOD 10.25%) fell hard on Monday, down 8.7% as of 1:00 p.m. EDT. There wasn't any company-specific news today, but the online brokerage was down in line with the weekend decline in Bitcoin (OTC: BTC) and other cryptocurrencies, which trade 24/7. Robinhood has a...
The crypto and options-focused brokerage plunged in sympathy with cryptocurrencies. Shares of new-aged online brokerage Robinhood Markets (HOOD 10.25%) fell hard on Monday, down 8.7% as of 1:00 p.m. EDT. There wasn't any company-specific news today, but the online brokerage was down in line with the weekend decline in Bitcoin (OTC: BTC) and other cryptocurrencies, which trade 24/7. Robinhood has a higher-than-average percentage of its customers trading cryptocurrencies compared to other assets, and its users also have a reputation for trading more risky instruments, such as options. So when cryptocurrencies and other speculative assets crashed on Friday and then continued over the weekend, Robinhood stock fell in sympathy. Expand NASDAQ : HOOD Robinhood Markets Today's Change ( -10.25 %) $ -10.20 Current Price $ 89.28 Key Data Points Market Cap $89B Day's Range $ 88.71 - $ 95.88 52wk Range $ 29.66 - $ 153.86 Volume 2.1M Avg Vol 25M Gross Margin 89.78 % Robinhood is where the gunslingers trade In the third quarter, Robinhood reported $730 million in transaction-based revenue, of which 37% was from cryptocurrency trading and 42% from options trading. Now, of course, when customers sell cryptocurrencies, that also generates near-term transaction revenue. However, brokerage stocks generally sell off when customer assets decline. The past weekend's crypto rout could also make customers a bit more hesitant to buy many of these risky assets or use volatile options strategies in the near term, which could put a cap on Robinhood's growth going forward in 2026. The cryptocurrency and precious metals rout began on Friday, seemingly in a reaction to President Trump's nomination of Kevin Warsh to become the next Chairman of the Federal Reserve. It appears some of Warsh's older interviews and speeches led some to believe he may be more "hawkish" regarding interest rates and inflation than they would like. Whatever the reason, the nomination absolutely decimated many commodities l...
Mortgage lender PennyMac Financial Services Inc. saw a third of its market value wiped out on Friday after its weak earnings report shocked investors and Wall Street analysts. The selloff is continuing Monday, with the shares posting their worst two-day stretch since March 2020. PennyMac’s fourth-quarter profits shrank by more than 30%, while analysts had estimated a 12% expansion, according to da...
Mortgage lender PennyMac Financial Services Inc. saw a third of its market value wiped out on Friday after its weak earnings report shocked investors and Wall Street analysts. The selloff is continuing Monday, with the shares posting their worst two-day stretch since March 2020. PennyMac’s fourth-quarter profits shrank by more than 30%, while analysts had estimated a 12% expansion, according to data compiled by Bloomberg. Revenue grew 14%, falling short of an anticipated 33% jump. Investors responded by unloading the shares, which are down almost 40% in the past two sessions. None of the sell-side analysts tracking the stock have sell ratings . “There’s a couple of things that are really head scratching about the quarter,” said Deutsche Bank analyst Mark DeVries . Now, he sees PennyMac in the “penalty box,” adding that it may need “at least a quarter of better results, better margins, before people regain their confidence in their earnings outlook.” The chief concern is what these results mean for the rest of the year. PennyMac’s loan servicing business suffered in the fourth quarter due to a surge in prepayments by borrowers, while its loan production segment didn’t gain enough to offset the servicing declines. This is concerning because in falling interest rate environments prepayments and refinancings typically rise along with new loans, creating a balance between the two sides of the business. “At least for this one quarter, it kind of undermined people’s faith in that part of the thesis for PennyMac,” DeVries said, and maintained his buy rating on the shares. The earnings have Wall Street analysts rethinking their price targets. On Wednesday, the day before the earnings hit, the average price target stood at $156. By Monday, it was down to $133. But with the stock trading for around $94, the reduced figure still represents a more than 40% jump over the next 12 months. The rout in PennyMac shares on Friday also spread to other mortgage-related stocks, with share...
SoFi Technologies is making its mark on the banking scene -- especially with younger people. If you're interested in financial stocks, you've probably noticed SoFi Technologies (SOFI 2.26%), perhaps wishing that you bought it long ago. Check out its trailing returns: Time period Average annual return Past year 58.3% Past three years 62.4% Impressive, right? The fintech (financial technology) compa...
SoFi Technologies is making its mark on the banking scene -- especially with younger people. If you're interested in financial stocks, you've probably noticed SoFi Technologies (SOFI 2.26%), perhaps wishing that you bought it long ago. Check out its trailing returns: Time period Average annual return Past year 58.3% Past three years 62.4% Impressive, right? The fintech (financial technology) company only went public via an IPO in June 2021. Take a closer look at its recent returns, though: Time period Average annual return Past month (5.9%) Past three months (15.1%) The stock is actually down a fair amount recently! You might wonder now -- with shares recently below $25 apiece, is this a good time to pounce? Let's see. Expand NASDAQ : SOFI SoFi Technologies Today's Change ( -2.26 %) $ -0.52 Current Price $ 22.30 Key Data Points Market Cap $29B Day's Range $ 21.87 - $ 22.77 52wk Range $ 8.60 - $ 32.73 Volume 1.5M Avg Vol 59M Gross Margin 63.53 % Meet SoFi Technologies SoFi is a nationally chartered online bank that offers a wide range of finance services, including personal loans, private student loans, mortgage loans, auto loans, student loan refinancing, investing, credit cards, travel services, and even cryptocurrency trading, among other things. It began with a focus on student loan services, but it has clearly expanded. Still, it has retained younger people as its main customers, serving them via the SoFi app and website. Its wide range of services can help it weather an economic downturn better than some other financial companies. The company has also partnered with other companies to reduce its risk exposure. SoFi Technologies has 12.6 million members (and counting), and as it has added services, it has aimed to be a one-stop financial shop. It recently boasted $73 billion-plus in funded loans and $34 billion-plus in debt paid off by members. The company has been growing well, with its third-quarter report featuring: Record adjusted net revenue of $950 million...
Memory-chip maker Sandisk saw its IBD SmartSelect Composite Rating jump to a best-possible 99 Monday, up from 93 the day before. The upgrade comes after AI play Sandisk reported a 404% surge in earnings last quarter to $6.
Memory-chip maker Sandisk saw its IBD SmartSelect Composite Rating jump to a best-possible 99 Monday, up from 93 the day before. The upgrade comes after AI play Sandisk reported a 404% surge in earnings last quarter to $6.
tiero/iStock via Getty Images Thesis: Next step of Nebius' portfolio Late December and January have been a pretty busy time for Nebius ( NBIS ). We saw the announcement of Nebius AI Cloud 3.1, and now the company has just given us another major signal. Strategically speaking, the offering of Nvidia’s ( NVDA ) Vera Rubin coming later this year is pretty big news, both for Nebius and the broader AI ...
tiero/iStock via Getty Images Thesis: Next step of Nebius' portfolio Late December and January have been a pretty busy time for Nebius ( NBIS ). We saw the announcement of Nebius AI Cloud 3.1, and now the company has just given us another major signal. Strategically speaking, the offering of Nvidia’s ( NVDA ) Vera Rubin coming later this year is pretty big news, both for Nebius and the broader AI infrastructure market. And that's because it puts the company in the first wave of cloud providers to actually commercialize Nvidia’s next-gen ‘Vera Rubin NVL72’ platform. It's tipped to be coming to the US and Europe sometime in 2H26. Now, Vera Rubin NVL72 itself was unveiled back in CES 2026, and the way I see it, it's currently set up to complement Grace Blackwell systems very nicely. As a quick overview, it's purpose-built for this emerging class of agentic and advanced-reasoning AI models we’re seeing slowly but surely start to spread across the market. These models rely on extremely long token sequences, to say the least, and they also need multi-step inference and hefty mixture-of-experts architectures. So overall, as you can imagine, efficiency per token is becoming the dominant economic constraint here. Now, before we get into the efficient aspect of Rubin Vera, I think it's worth looking into the platform specifics to get an understanding of what these offerings mean for the whole market. I previously covered how important I thought Nebius' AI Cloud 3.1 was, and now I think the complementing of that offering with Rubin is crucial in the company's portfolio development. What to Expect next earnings As you probably know, earnings are just around the corner for Nebius and are set to fall on February 12th , just before market open. So it's a good time to take a look at what's expected in terms of consensus expectations. Now, for Nebius, many are anticipating another quarter of pretty explosive top-line growth. But we should still expect some volatility as the business...
TLDR Qualcomm releases Q1 fiscal 2026 earnings February 4 with Wall Street forecasting EPS of $3.39 and $12.12 billion revenue Stock dropped 0.41% to $151.59 Friday, down 11% over past year from chip shortages and weak smartphone demand Apple’s in-house modem development threatens Qualcomm’s largest revenue source Analysts divided with price targets ranging from $160 to $225, consensus shows 27.5%...
TLDR Qualcomm releases Q1 fiscal 2026 earnings February 4 with Wall Street forecasting EPS of $3.39 and $12.12 billion revenue Stock dropped 0.41% to $151.59 Friday, down 11% over past year from chip shortages and weak smartphone demand Apple’s in-house modem development threatens Qualcomm’s largest revenue source Analysts divided with price targets ranging from $160 to $225, consensus shows 27.5% upside potential Memory shortages and pricing pressure expected to reduce global handset shipments 4% in 2026 Qualcomm shares fell 0.41% to $151.59 Friday as traders positioned ahead of the company’s Q1 fiscal 2026 earnings report dropping after market close February 4. The stock has shed nearly 11% over the past year. QUALCOMM Incorporated, QCOM Wall Street expects earnings per share of $3.39, down slightly from $3.41 last year. Revenue forecasts call for $12.12 billion, up 3.8% year-over-year. The company has topped earnings estimates for eight straight quarters. The earnings call at 1:45 p.m. Pacific time will reveal critical details about premium Android demand and licensing royalties. These factors drive investor sentiment more than raw numbers because they signal future performance trends. Traders want updates on customer inventory and new device chip wins. Weakness in either area could hammer the stock given current market jitters over inflation and Federal Reserve policy. Apple Modem Plans Create Revenue Risk Apple represents Qualcomm’s biggest customer through QCT segment chip sales. The iPhone maker is developing its own modems, which directly threatens this revenue stream. Samsung and Xiaomi contribute smaller amounts to Qualcomm’s top line. Qualcomm is pushing into automotive and IoT markets to reduce Apple dependency. This diversification strategy aims to cushion the blow when Apple’s internal modems eventually replace Qualcomm chips. Wall Street Split on Stock Direction Mizuho Securities analyst Vijay Rakesh maintains a Hold rating but slashed his price targe...
If you’re looking for a versatile gift for Valentine’s Day that can be sentimental and practical, Amazon’s fourth-generation Echo Show 8 can serve as both a digital photo frame and a smart home controller. And right now, it’s on sale at Amazon for $149.99 ($30 off) — a new low price — as part of the retailer’s ongoing Super Bowl sale, which also includes discounts on the Echo Show 11 and Echo Dot ...
If you’re looking for a versatile gift for Valentine’s Day that can be sentimental and practical, Amazon’s fourth-generation Echo Show 8 can serve as both a digital photo frame and a smart home controller. And right now, it’s on sale at Amazon for $149.99 ($30 off) — a new low price — as part of the retailer’s ongoing Super Bowl sale, which also includes discounts on the Echo Show 11 and Echo Dot Max . You can also currently grab it at Best Buy and Target for the same price. Amazon Echo Show 8 (fourth-gen) Where to Buy: $179.99 $149.99 at Amazon $179.99 $149.99 at Best Buy $179.99 $149.99 at Target The latest Show 8 features a slimmer, sleeker profile than its predecessor , with a sharper, more responsive 8.7-inch display and an attractive fabric-covered design. It features a 13-megapixel camera with improved zoom, and can adapt on-screen content based on who’s using it. It also features wider viewing angles and new front-facing stereo speakers, allowing for superior sound. Combined, these upgrades make it better for displaying photos, listening to music, checking your calendar, streaming video, and making calls with loved ones. It’s an even better smart home controller, too. The latest Show 8 still supports Zigbee, Matter, and Thread protocols, so you can use it to control an array of smart home devices without the need for a separate hub. It also features support for Alexa Plus, a faster AZ3 Pro processor, and Amazon’s new Omnisense sensor system. Together, these upgrades — along with more responsive voice recognition — help it handle more complex, context-aware tasks and better track routines. In our initial testing , Alexa Plus hasn’t always been reliable, and some existing smart home routines don’t behave as consistently as before. When the voice assistant works as intended, though, it can be genuinely useful. For example, if someone in your family usually feeds the dog every morning but forgets one day, Amazon’s upgraded assistant can send a reminder when they...
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks were trading higher to start the new trading month. The S & P 500 was on pace to break a three-session losing streak and make a new record closing high. There was some fear early in the session that the selloff in crypto ...
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks were trading higher to start the new trading month. The S & P 500 was on pace to break a three-session losing streak and make a new record closing high. There was some fear early in the session that the selloff in crypto over the weekend and precious metals like gold and silver on Friday would spill into the broader stock market. But those volatile moves in those markets were contained. President Donald Trump announced on Monday that the United States and India have agreed to a trade deal that will reduce each country's tariff rate. Trump also said in a Truth Social post that India pledged to buy over $500 billion of U.S. products, including energy, technology, agriculture, and coal, and agreed to stop buying oil from Russia. The industrials were near the top of the leaderboard on Monday for a couple of reasons. One was added certainty in the AI data center spending buildout after Oracle 's plan to raise as much as $50 billion was positively received by investors. Also, doubt in OpenAI's ability to fund its obligations eased over the weekend after Nvidia CEO Jensen Huang pushed back on reports that indicated his plan to invest in OpenAI was in jeopardy. Another reason for the upward move in the industrials was the ISM Manufacturing PMI report, which showed that economic activity in the manufacturing sector expanded in January for the first time in 12 months. The index rose to 52.6 from 47.9, marking its highest level since 2022. The index for new orders, production, employment, and prices also increased from December. Susan Spence, chair of the Institute for Supply Management (ISM) Manufacturing Business Survey Committee, chalked up some of January's strength to it being a "reorder month after the holidays," but we're still taking it as a win. The manufacturing rebound aligns with what we h...
This article first appeared on GuruFocus. Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) shares traded at $335.34, down 1% in pre-market trading, despite news that its autonomous driving subsidiary, Waymo, is raising approximately $16 billion. The financing round, which is expected to close in early 2026, values the company at nearly $110 billion. This represents a 144.4% increase from its $45 billion...
This article first appeared on GuruFocus. Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) shares traded at $335.34, down 1% in pre-market trading, despite news that its autonomous driving subsidiary, Waymo, is raising approximately $16 billion. The financing round, which is expected to close in early 2026, values the company at nearly $110 billion. This represents a 144.4% increase from its $45 billion valuation established 15 months ago in October 2024. Alphabet is expected to provide the bulk of the capital, contributing roughly $13 billion, while outside firms including Sequoia Capital and Mubadala Capital fill the remainder. Waymo operates fully driverless robotaxi services in cities including Phoenix, San Francisco, and Los Angeles, and recently expanded service to Miami. The capital injection comes as Waymo scales its operations, currently generating an estimated $350 million in annual recurring revenue. The company has completed over 20 million autonomous trips. However, the move follows a recent safety investigation by federal regulators after a vehicle struck a child in California. The development highlights intensifying competition in autonomous vehicles. Tesla (NASDAQ:TSLA) shares shed 2%, raising concern over the company's current valuation.
Dollar General and Aldi logos. Reuters Store openings in the U.S. are expected to rise and store closures fall this year compared to the 2025, with value retailers leading the growth as they continue to attract more of consumers' dollars, according to an analysis by Coresight Research. Overall, Coresight projects that U.S. retailers will close about 7,900 stores in 2026, a 4.5% drop year over year...
Dollar General and Aldi logos. Reuters Store openings in the U.S. are expected to rise and store closures fall this year compared to the 2025, with value retailers leading the growth as they continue to attract more of consumers' dollars, according to an analysis by Coresight Research. Overall, Coresight projects that U.S. retailers will close about 7,900 stores in 2026, a 4.5% drop year over year. That would represent the lowest number of total store closures in the past three years. The advisory group also expects retailers will open about 5,500 new stores, a 4.4% increase year over year. So far, Dollar General , Aldi and Tractor Supply top the list for retailers with the most planned store openings this year, according to Coresight. On the other hand, GameStop , Francesca's and Walgreens lead the way with the most planned closures in 2026. John Mercer, head of global research of Coresight, said he expects some closely watched economic factors, such as high inflation and the slow housing market, to gradually ease in the coming year. He said retailers' real estate plans also reflect "an incremental improvement over 2025 but not a major inflection point." Some themes for the retail industry persist and show in the data. Department stores and legacy retailers are slimming down their store counts. Value players including discounters, warehouse clubs and off-price chains are bulking up their national footprint. Successful and reinvented mall retailers, such as Abercrombie & Fitch and Gap , are squeezing out smaller specialty apparel retailers. In the first few weeks of the year, there have already been some major store closure announcements. Video game retailer GameStop plans to shutter hundreds of locations, following a significant wave of previous closures. Women's fashion chain Francesca's, which sells clothing and accessories, is closing its nearly 460 stores as the company liquidates its business after a bankruptcy filing. And Amazon said it will shutter all Amazo...
Crystal Palace have completed the signing of Jorgen Strand Larsen from Wolves in a club-record deal worth up to £48m. Strand Larsen, 25, has signed a four-and-a-half-year deal at Selhurst Park and will wear the number 22 shirt. The FA Cup holders have also agreed a deal to sign Dwight McNeil on loan from Everton. Palace have submitted a deal sheet to the Premier League to try to complete the trans...
Crystal Palace have completed the signing of Jorgen Strand Larsen from Wolves in a club-record deal worth up to £48m. Strand Larsen, 25, has signed a four-and-a-half-year deal at Selhurst Park and will wear the number 22 shirt. The FA Cup holders have also agreed a deal to sign Dwight McNeil on loan from Everton. Palace have submitted a deal sheet to the Premier League to try to complete the transfer - which would included an obligation to sign the forward for £20m at the end of the season. Meanwhile, Jean-Philippe Mateta's move to AC Milan has been called off because of issues with his medical.