Pauline Brown, former chair of LVMH North America, discusses LVMH’s outlook and the global luxury market with Romaine Bostick and Katie Greifeld on “The Close.” She says interest has picked up to levels she hasn’t seen in years, but the key question is whether it converts into sales. (Source: Bloomberg)
Pauline Brown, former chair of LVMH North America, discusses LVMH’s outlook and the global luxury market with Romaine Bostick and Katie Greifeld on “The Close.” She says interest has picked up to levels she hasn’t seen in years, but the key question is whether it converts into sales. (Source: Bloomberg)
TikTok wants users to believe that errors blocking uploads of anti-ICE videos or direct messages mentioning Jeffrey Epstein are due to technical errors —not the platform seemingly shifting to censor content critical of Donald Trump after he hand-picked the US owners who took over the app last week. However, experts say that TikTok users' censorship fears are justified, whether the bugs are to blam...
TikTok wants users to believe that errors blocking uploads of anti-ICE videos or direct messages mentioning Jeffrey Epstein are due to technical errors —not the platform seemingly shifting to censor content critical of Donald Trump after he hand-picked the US owners who took over the app last week. However, experts say that TikTok users' censorship fears are justified, whether the bugs are to blame or not. Ioana Literat, an associate professor of technology, media, and learning at Teachers College, Columbia University, has studied TikTok's politics since the app first shot to popularity in the US in 2018. She told Ars that "users' fears are absolutely justified" and explained why the "bugs" explanation is "insufficient." Read full article Comments
(RTTNews) - The Japan stock market on Tuesday wrote a finish to the three-day losing streak in which it had dropped more than 530 points or 1.4 percent. The Nikkei 225 now sits just above the 38,790-point plateau and it's expected to see additional support on Wednesday. The global forecast for the Asian markets is upbeat following news of a ceasefire between Israel and Iran. The European and U.S. ...
(RTTNews) - The Japan stock market on Tuesday wrote a finish to the three-day losing streak in which it had dropped more than 530 points or 1.4 percent. The Nikkei 225 now sits just above the 38,790-point plateau and it's expected to see additional support on Wednesday. The global forecast for the Asian markets is upbeat following news of a ceasefire between Israel and Iran. The European and U.S. markets were up and the Asian bourses figure to follow that lead. The Nikkei finished sharply higher on Tuesday following gains from the financial shares and technology stocks, although the automobile producers were soft. For the day, the index accelerated 436.47 points or 1.14 percent to finish at 38,790.56 after trading between 38,665.61 and 38,990.11. Among the actives, Nissan Motor stumbled 2.55 percent, while Mazda Motor eased 0.06 percent, Toyota Motor dipped 0.14 percent, Honda Motor retreated 1.14 percent, Softbank Group surged 5.58 percent, Mitsubishi UFJ Financial jumped 1.68 percent, Mizuho Financial collected 2.58 percent, Sumitomo Mitsui Financial and Mitsubishi Electric both strengthened 1.23 percent, Sony Group rallied 1.53 percent, Panasonic Holdings spiked 1.87 percent and Hitachi accelerated 1.99 percent. The lead from Wall Street is positive as the major averages opened solidly higher and remained in the green throughout the trading day, ending near session highs. The Dow jumped 507.24 points or 1.19 percent to finish at 43,089.02, while the NASDAQ rallied 281.56 points or 1.43 percent to close at 19,912.53 and the S&P 500 improved 67.01 points or 1.11 percent to end at 6,092.18. The continued strength on Wall Street came after news that a ceasefire between Israel and Iran is now in effect. While both sides have accused each other of violating the ceasefire, traders appeared to remain optimistic about easing tensions in the Middle East. Meanwhile, traders largely shrugged off comments from Federal Reserve Chair Jerome Powell indicating the central bank wi...
Today, Jan. 27, 2026, Brazilian financial stocks are performing well as investors hope for rate cuts in coming months. Expand NYSE : BBD Banco Bradesco Today's Change ( 4.28 %) $ 0.17 Current Price $ 4.14 Key Data Points Market Cap $21B Day's Range $ 4.09 - $ 4.18 52wk Range $ 1.79 - $ 4.18 Volume 62M Avg Vol 34M Dividend Yield 1.00 % Banco Bradesco (BBD +4.28%), a major Brazilian bank, closed Tue...
Today, Jan. 27, 2026, Brazilian financial stocks are performing well as investors hope for rate cuts in coming months. Expand NYSE : BBD Banco Bradesco Today's Change ( 4.28 %) $ 0.17 Current Price $ 4.14 Key Data Points Market Cap $21B Day's Range $ 4.09 - $ 4.18 52wk Range $ 1.79 - $ 4.18 Volume 62M Avg Vol 34M Dividend Yield 1.00 % Banco Bradesco (BBD +4.28%), a major Brazilian bank, closed Tuesday at $4.14, up 4.28%. The move could be connected to hopes of interest rate cuts in Brazil, potentially starting in March. Rates are currently near 15% and policymakers at Brazil's central bank will meet tomorrow, January 28th. Trading volume reached 60.8 million shares, coming in about 76% above its three-month average of 34.5 million shares. Banco Bradesco IPO'd in 2002 and has grown 387% since going public. How the markets moved today S&P 500 (^GSPC +0.41%) added 0.41% to finish Tuesday at 6,978.60, while the Nasdaq Composite (^IXIC +0.91%) rose 0.91% to 23,817.10. Among Brazilian banks, Itaú Unibanco (ITUB +4.65%) closed up 4.65% at $8.78 and Banco Santander (BSBR +4.57%) gained 4.57% to end at $7.10, reflecting broad strength across the sector. What this means for investors Banco Bradesco rose alongside other Brazilian banks today as the country’s inflation data for January came in slightly below expectations. According to Bloomberg, economists predict the Selic, its benchmark interest rate, will be cut from 15% to 12.25% by the end of the year. Easing is likely to start in March. Brazilian news also reported today that Bradesco plans to strengthen its fixed income team in order to gain further market share. Bradesco is due to report earnings on Feb. 5, 2026. The bank’s share price has risen almost 115% year-on-year and investors will be watching to see if it can maintain its momentum.
RomoloTavani/iStock via Getty Images It is hard to describe the current market environment. On one hand, equities are trading near valuation levels last seen during the end of the Internet Boom, just over a quarter century ago. By some measures, stocks are in uncharted territory. On the other hand, nothing seems to even dent the momentum in equities for more than a day or so. Last Tuesday's over t...
RomoloTavani/iStock via Getty Images It is hard to describe the current market environment. On one hand, equities are trading near valuation levels last seen during the end of the Internet Boom, just over a quarter century ago. By some measures, stocks are in uncharted territory. On the other hand, nothing seems to even dent the momentum in equities for more than a day or so. Last Tuesday's over two percent blip down for the NASDAQ and S&P 500 already is long forgotten by investors, it seems. GuruFocus One adjective that comes to mind describing the U.S. market is resilient. Another good word to capture the investment community's view on equities is complacency. One key reason for this might be over 60% of trading volume is driven by passive investing, which I highlighted in this recent article. At this point, it is anybody's guess what will finally knock the wind out of this more than three-year rally in equities. Maybe the AI bubble will pop. Maybe the trigger will be growing problems in the credit markets, as I discussed in this recent piece . Perhaps the markets will finally be done in by these four words: ' reversion to the mean.' The rally in the market has been primarily driven by the Magnificent Seven since ChatGPT debuted in November 2022, and enthusiasm around the AI Revolution was birthed. The top ten largest stocks in the market now account for roughly 40% of the entire market. A concentration not seen since the last gasps of the Internet Boom. Goldman Sachs Global Investment Research, FactSet It is easy to see why the Mag7 has delivered most of the equity gains over the past few years. This is where almost all the profit growth across the S&P 500 has come from. This can be seen in the chart above. The Mag7 has delivered consistent over 20% annual earnings growth since 2023. Profit growth from the ' S&P 493 ' has been a tepid three percent over that time. Real Investment Advice In addition, earnings growth has also benefited in recent quarters from aggre...
Deere & Co. is shifting the construction of excavators from Japan to a new $70 million facility in North Carolina and building a distribution center in Indiana as part of a bid to bolster American manufacturing. The facilities in Kernersville, North Carolina, and Hebron, Indiana, will create about 150 jobs each, Deere said in a Tuesday statement . “Our investment in these new facilities underscore...
Deere & Co. is shifting the construction of excavators from Japan to a new $70 million facility in North Carolina and building a distribution center in Indiana as part of a bid to bolster American manufacturing. The facilities in Kernersville, North Carolina, and Hebron, Indiana, will create about 150 jobs each, Deere said in a Tuesday statement . “Our investment in these new facilities underscores John Deere’s dedication to strengthening the backbone of American industry and supporting local economies,” Deere Chief Executive Officer John May said in the statement. President Donald Trump has in the past criticized the world’s top farm machinery maker for moving jobs outside of the country. Trump on Tuesday during an event in Iowa said he was “ going to do ” something for tractors.
Hong Kong’s resilience and evolution as a global financial centre was shining brightly this week when important milestones were unveiled at an international business gathering in the city. The community should celebrate the “unprecedented achievements” and prepare to work to ensure the momentum continues in an era of great geopolitical uncertainty. Chief Executive John Lee Ka-chiu opened the 19th ...
Hong Kong’s resilience and evolution as a global financial centre was shining brightly this week when important milestones were unveiled at an international business gathering in the city. The community should celebrate the “unprecedented achievements” and prepare to work to ensure the momentum continues in an era of great geopolitical uncertainty. Chief Executive John Lee Ka-chiu opened the 19th Asian Financial Forum (AFF) on Monday by unveiling a game-changing deal with Shanghai to turn Hong Kong into a gold trading hub . The Financial Services and the Treasury Bureau signed a pact with the Shanghai Gold Exchange to build a gold trading ecosystem, including a cross-border clearing platform. The system is on track to begin trial operations this year. Lee also said the number of foreign and mainland Chinese companies in Hong Kong soared by 11 per cent to a record 11,070 last year. In addition, the government’s latest annual survey listed a record 5,221 start-ups. Lee said the figures were “more than a vote of confidence” in a city where the “solid efforts” to facilitate businesses and start-ups were “bearing fruit”. Advertisement Meanwhile, the milestone deal positions Hong Kong to serve with Shanghai as a global gold reserve hub. Currently, New York and London are the only such trading and clearing centres. There are strong reasons to be optimistic. The influx of firms with capital and trust illustrate how the critical business mass in Hong Kong opens doors. Linking up with Shanghai leverages Hong Kong’s “superconnector” role to create a powerful, integrated gold ecosystem that appeals to international investors seeking safety amid global turbulence. Advertisement Other positive signs of the city’s progress emerged from separate AFF sessions. One explored how Hong Kong’s banking sector is leading a shift from paper to artificial intelligence and smart data. Another highlighted the robust fundraising pipeline in Hong Kong, where more than 400 companies are lining up...
New York, Jan 27, 2026, 17:40 EST — After-hours Palantir shares slipped roughly 1.1%, closing at $165.70 in after-hours trading Shares trailed behind a Nasdaq session that closed higher, with investors focused on the Fed Immigration enforcement takes center stage again as Palantir prepares to report earnings next week Palantir Technologies Inc shares dipped 1.1% to $165.70 in after-hours trading o...
New York, Jan 27, 2026, 17:40 EST — After-hours Palantir shares slipped roughly 1.1%, closing at $165.70 in after-hours trading Shares trailed behind a Nasdaq session that closed higher, with investors focused on the Fed Immigration enforcement takes center stage again as Palantir prepares to report earnings next week Palantir Technologies Inc shares dipped 1.1% to $165.70 in after-hours trading on Tuesday, where liquidity often thins out following the U.S. closing bell. During the regular session, the stock fluctuated between $164.69 and $169.41, with roughly 26.4 million shares traded. Palantir’s drop stood out against Wall Street’s overall mood: the Nasdaq gained 0.9%, while the S&P 500 hit a record high. Investors navigated earnings reports and the kickoff of the Federal Reserve’s two-day policy meeting. (Reuters) Palantir’s timing and exposure are under renewed scrutiny. The company’s ties to U.S. Immigration and Customs Enforcement, one of its key clients, pose both political risks and revenue opportunities. According to Wired, employees have pressed management for clarity. Akash Jain, president and CTO of Palantir’s U.S. government division, acknowledged the company “do[es] not take the position of policing the use of our platform for every workflow.” Fortune, referencing previous coverage from 404 Media, reported that ICE employs a Palantir-developed tool named ELITE. This software pulls Medicaid and other government data to identify individuals who might be subject to deportation. Fortune noted that neither Palantir nor the Department of Homeland Security replied to its request for comment. (Fortune) The next major event is earnings. Palantir announced it will report its fourth-quarter and full-year 2025 results after U.S. markets close on Feb. 2, followed by a webcast at 5 p.m. ET. (Nasdaq) On the Street, the debate remains the same — execution versus valuation — but the praise is fierce. Bank of America analyst Mariana Perez Mora described Palantir’s AI s...
Earnings Call Insights: Crane Company (CR) Q4 2025 Management View Max Mitchell, Chairman, President & CEO, highlighted a strong finish to 2025 and an optimistic outlook for 2026, stating, "Our performance last year and our initial guidance for 2026 show that we are consistently and reliably delivering on our commitments and our long-term value creation thesis. 4% to 6% core sales growth, and we w...
Earnings Call Insights: Crane Company (CR) Q4 2025 Management View Max Mitchell, Chairman, President & CEO, highlighted a strong finish to 2025 and an optimistic outlook for 2026, stating, "Our performance last year and our initial guidance for 2026 show that we are consistently and reliably delivering on our commitments and our long-term value creation thesis. 4% to 6% core sales growth, and we were just at the high end of that last year, 35% to 40% core operating leverage and upside from capital deployment." He emphasized the acquisition of Druck, Panametrics, and Reuter-Stokes, noting, "Having closed on the acquisition of these brands on January 1st... Reuter-Stokes doubles the size of our nuclear business, adding industry-leading radiation sensing and detecting technologies." Mitchell also announced the acquisition of optek-Danulat, a leader in optical sensing measurement solutions, and the planned CEO succession, with Alex Alcala set to become CEO on April 27, 2026, while he transitions to Executive Chairman. Alejandro Alcala, Executive VP & COO and incoming CEO, commented, "Looking ahead, we will stay true to our journey, driving the Crane business system to deliver strong organic growth while also pursuing our strategy of accelerated inorganic growth." He described robust segment performance, particularly at Aerospace & Advanced Technologies, and detailed the integration and anticipated accretion of recent acquisitions. Alcala added, "The integration process is off to a strong start, and our outlook for these businesses is already exceeding our initial expectations." Richard Maue, Executive VP & CFO, stated, "We drove 5.4% Core Sales growth in the quarter, reflecting the ongoing strength within the Aerospace & Advanced Technologies segment. Adjusted operating profit increased 16%, reflecting the impact of higher productivity and favorable pricing net of inflation." Maue also noted that the company closed the year with net leverage of 1.1x after acquisitions a...
Earnings Call Insights: Alexandria Real Estate Equities (ARE) Q4 2025 Management View Founder & Executive Chairman Joel Marcus stated that "2026 is all about timely execution of our plan, heavily focused on dispositions and maintaining a strong and flexible balance sheet, driving occupancy with intense leasing focus on vacant space, rollover space and redevelopment and development space and meetin...
Earnings Call Insights: Alexandria Real Estate Equities (ARE) Q4 2025 Management View Founder & Executive Chairman Joel Marcus stated that "2026 is all about timely execution of our plan, heavily focused on dispositions and maintaining a strong and flexible balance sheet, driving occupancy with intense leasing focus on vacant space, rollover space and redevelopment and development space and meeting the marketplace." Marcus also highlighted a shift toward significantly reducing CapEx and noted the company's Investor Day plan as the "North Star for 2026." CFO Marc Binda congratulated the team on completing $1.5 billion of dispositions across 26 transactions and achieving 1.2 million square feet of leasing volume in the quarter, "the highest quarter in the last year." Binda reported "FFO per share diluted as adjusted was $2.16 for 4Q '25 and $9.01 for the year, which represents the midpoint of our prior guidance provided on our last quarterly call." He emphasized that leasing of vacant space reached 393,000 rentable square feet, almost double the quarterly average over the last five quarters. Occupancy ended 2025 at 90.9%. Binda noted, "We reiterated our year-end 2026 occupancy range of 87.7% to 89.3% that was provided at our Investor Day this past December." He also announced nearly 900,000 rentable square feet of leases expected to commence in Q3 2026, generating $52 million incremental annual rental revenue. The company reaffirmed its focus on large-scale non-core asset dispositions and highlighted a plan to reduce the size of its land bank, with non-core assets and land expected to comprise 65% to 75% of the $2.9 billion midpoint 2026 disposition target. Outlook The company reiterated its year-end 2026 occupancy guidance of 87.7% to 89.3% and expects occupancy to "dip in the first quarter of 2026, and we expect occupancy growth in the second half of 2026" (Binda). Same-property net operating income performance for 2026 is projected to be "up/down 8.5% at the midpoi...
Joe_Potato/iStock Editorial via Getty Images On the morning of January 27th, the management team at Kimberly-Clark Corporation ( KMB ) announced financial results covering the final quarter of the company's 2025 fiscal year. Even though revenue and adjusted earnings per share fell short of analysts’ expectations , GAAP earnings per share exceeded what was anticipated. On the whole, the company is ...
Joe_Potato/iStock Editorial via Getty Images On the morning of January 27th, the management team at Kimberly-Clark Corporation ( KMB ) announced financial results covering the final quarter of the company's 2025 fiscal year. Even though revenue and adjusted earnings per share fell short of analysts’ expectations , GAAP earnings per share exceeded what was anticipated. On the whole, the company is showing some signs of struggling from a revenue standpoint, but these are modest. Profitability is improving, proving that the company is doing define job as it continues to focus on its strategic transformation initiatives. What's more, the company's acquisition of Kenvue Inc. ( KVUE ) is progressing nicely, and that opens the door to meaningful upside if things go according to plan. In general, I would say that the picture is currently more favorable than it is unfavorable. However, there are certain risk factors, primarily associated with its purchase of Kenvue. Despite this, however, the company is looking more appealing now than it was previously. In fact, relative to other comparable firms, the stock is attractively priced. And if we end up seeing synergies come from its merger with Kenvue, upside potential could be quite nice. Given this, I believe that upgrading the stock to a soft Buy from the Hold I had it rated previously is the appropriate choice right now. A Mixed Bag With Promise Before the market opened on January 27th, the management team at Kimberly-Clark announced financial results covering the final quarter of the company's 2025 fiscal year. The quarter was most certainly a mixed bag if you ask me. Revenue as an example. It contracted ever so slightly from $4.10 billion to $4.08 billion, ultimately missing analysts estimates to the tune of $10 million. This does require a bit of detail, though. Actual organic sales for the company increased by 2.1%. It was only because of the firm's decision to exit its private label diaper business in the U.S. that reven...
A string of scandals and luxury handbags: Who is South Korea's former first lady? 1 hour ago Share Save Gavin Butler and Hyojung Kim , BBC World Service Share Save Getty Images The scandals Kim Keon Hee faces predate her husband Yoon's ill-fated political career Two Chanel handbags, a BMW dealership and a controversial church will all be at the centre of a trial faced by South Korea's former first...
A string of scandals and luxury handbags: Who is South Korea's former first lady? 1 hour ago Share Save Gavin Butler and Hyojung Kim , BBC World Service Share Save Getty Images The scandals Kim Keon Hee faces predate her husband Yoon's ill-fated political career Two Chanel handbags, a BMW dealership and a controversial church will all be at the centre of a trial faced by South Korea's former first lady this week. Kim Keon Hee, the wife of disgraced former president Yoon Suk Yeol, was arrested in August over a raft of charges including bribery, stock manipulation, and political interference - all of which she denies. On Wednesday, less than a fortnight after her husband was sentenced to five years' in jail for abusing power and obstructing justice in relation to his failed martial law bid, Kim will receive the verdict in the first of three cases against her. Prosecutors say Kim, 52, made more than 800 million won ($552,570; £404,050) by participating in a price-rigging scheme involving the stocks of Deutsch Motors, a BMW dealer in South Korea, between October 2010 and December 2012. She is also accused of accepting luxury bags, a diamond necklace and other gifts worth up to 80m won as bribes from the controversial Unification Church in exchange for business favours, and receiving 58 free opinion polls, worth 270 million Korean won, from political broker Myung Tae-kyun before the 2022 presidential election. Wednesday's trial, which will be broadcast live from the court, marks the first time in history that a presidential spouse has been indicted while detained. But it is far from the first time Kim herself has been embroiled in controversy. Questionable credentials Before she was South Korea's first lady, Kim Keon Hee – born Kim Myeong-sin – was a businesswoman and art lover. She graduated with an art education degree from Sookmyung Women's University in 1999, but would later face repeated allegations of plagiarism over her time as a student there – leading the univer...
Deere & Company ( DE ) said on Tuesday it will open two new U.S. facilities—a state-of-the-art distribution center near Hebron, Indiana, and a $70M excavator factory at its Kernersville, North Carolina campus. The new facilities are expected to begin operations within the next year, creating about 300 jobs and expanding domestic manufacturing. Shares +0.51%. More on Deere Deere: A Secular Agricult...
Deere & Company ( DE ) said on Tuesday it will open two new U.S. facilities—a state-of-the-art distribution center near Hebron, Indiana, and a $70M excavator factory at its Kernersville, North Carolina campus. The new facilities are expected to begin operations within the next year, creating about 300 jobs and expanding domestic manufacturing. Shares +0.51%. More on Deere Deere: A Secular Agriculture Winner With Long-Term Upside Ahead Deere: If Trump Says To Cut Prices, The Stock Listens Deere & Company (DE) Analyst/Investor Day Transcript UBS sees spring orders as next key catalyst for Deere shares Deere CFO Jepsen to step down, Campbell named acting CFO