halbergman/iStock via Getty Images Douglas Emmett ( DEI ) is a real estate investment trust (“REIT”) that owns and operates premier property in two primary submarkets, Los Angeles and Honolulu. Their portfolio consists primarily of office space, and these assets represent nearly 80% of its total annual rent. The remainder is comprised of well-occupied multifamily units. While the office component could be viewed as a downside by some, I have consistently maintained a bullish posture on the sector, and I do see upside to be had, especially considering the quality of DEI’s class A space. Shares have been perpetually beaten up since the COVID-19 pandemic. Arguably, shares may never return to their former highs. However, that is not to say that shares aren’t currently significantly undervalued at the current price. For investors seeking upside potential combined with an attractive dividend yield, I believe DEI is attractive at the current level. DEI Stock Key Metrics DEI is a seldom-covered stock by both analysts on Seeking Alpha (“SA”) and those on Wall Street. The coverage, however, that is provided by the SA community skews bullish, though that is offset by more neutral sentiment on Wall Street. Seeking Alpha - Ratings Summary Of DEI Stock The neutral sentiment comes with a big caveat, however, and that is with regard to DEI’s estimated price target . At present, Wall Street sees shares fairly valued around the $13/share mark. At current pricing, that would represent upside potential of nearly 30%. Seeking Alpha - Price Target Chart Of DEI Stock I view the upside as very possible, especially considering shares trade at just 7x forward funds from operations (“FFO”). That’s a steep discount to sector averages in the mid-15x range. The discounted valuation is also noted and stacked up against the SA quants, which grades DEI favorably on this metric, despite its overall hold rating. Seeking Alpha - Valuation Metrics Of DEI Stock DEI Operating Performance In its most rece...

is an editor covering deals and gaming hardware. He joined in 2018, and after a two-year stint at Polygon, he rejoined The Verge in May 2025. Posts from this author will be added to your daily email digest and your homepage feed. Webcam company Obsbot recently launched two new gimbal-equipped webcams, the $349 Tiny 3 and the $199 Tiny 3 Lite. It claims that the priciest model is the smallest pan, tilt, zoom (PTZ) 4K webcam ever made, weighing 63 grams. Ironically, the Tiny 3 Lite is heavier and bigger. I’ve been testing the Tiny 3 for a couple of weeks, and here’s what you should know about it. Compared to Insta360’s newish $249 Link 2 Pro, the Tiny 3 has a slightly bigger sensor and more AI-powered features, including voice control and voice tracking. It also has MEMS mics, which are supposedly better than condenser mics at filtering unwanted noise, and Obsbot claims they’re as good as a dedicated microphone. I only have my Insta360 Link from 2022 on hand to compare it to. And while the Tiny 3 can produce a sharper image than the Link, it’s not a night-and-day difference based on my testing with final retail hardware. You can boss both the Tiny 3 and the Lite around with preset questions (“Hi, Tiny” to turn on, “Sleep, Tiny” to turn off, “Track Me” to turn on AI-powered face tracking, “Position 1” to snap to a saved camera position, etc.), but only the pricier model has Desk Mode that lets it look downward because the Lite’s base is too thick (the original Link has a Desk Mode, too). The Tiny 3 listens remarkably well, even when I sort of mutter the commands. Although, seeing it start to track my face when I uttered the phrase “track me” during a meeting was weird enough that I turned off the voice control feature. They both advertise 4K / 30 frames per second video capture and up to 120 frames per second at 1080p. They also support the Switch 2, but require the companion app to toggle on the mode. Enabling that mode sets 1080p as the maximum resolution on PC until...

空中客车 公司准备开始向航空公司和租赁公司提供其A220支线喷气机的更大版本，以期在今年晚些时候启动开发。 这项活动的目的是争取足够的预购订单，以证明继续开发约180座的A220-500型飞机是合理的，同时也标志着在最早于7月举行的范堡罗航展上宣布可能推出该机型之前，正式谈判的开始。 消息人士称， 空客 官员在都柏林举行的航空经济学会议间隙告诉金融界人士，2026年将是A220的“大年”，不久将提供更多细节。 任何开发所谓的“简单伸展”设计的决定都必须获得空中客车公司董事会的批准。 空中客车公司重申，它正在探索A220的所有选项，同时加紧生产并为客户提供支持。 “一位发言人补充说：”我们正在开展大量工作，以加快我们就加长型飞机做出决定的能力。 在加拿大庞巴迪公司资金短缺之后，空中客车公司于2018年以一美元的价格收购了陷入困境的A220项目。 这种110-160座级客机的大型版本已经出现一段时间了。 但生产缓慢、制造成本高昂、发动机耐久性问题以及租赁公司因更大范围的交付延迟而施加的压力，都让空客分心不已。 在周一的都柏林会议上，新任空中客车公司商业首席执行官拉尔斯·瓦格纳出人意料地对A220-500概念给予了广泛支持，但他向金融家们保证，他将集中精力全面应对工业压力。 空中客车公司已向金融界人士通报，有条件的销售讨论将在几周内开始，飞机可能在今年年底前推出。 消息人士称，董事会的最终决定将取决于能否锁定两三家大客户。 分析师说，潜在的目标包括达美航空公司、加拿大航空公司和法国航空公司等已经运营A220的航空公司。这些航空公司都没有立即发表评论。 航程难题 亏损的A220项目的大型化将使空中客车公司能够重新谈判供应商合同并降低每架飞机的生产成本，这使得该公司一直处于亏损状态。 升级的目的是在不增加大量新开发成本的情况下，通过一种被称为“简单加长”的配置增加更多座位，而不对发动机或机翼进行改装，从而提高订单量。 这将牺牲现有A220-300的部分航程，但航空公司可以降低每个座位的成本。 分析人士称，这也将使A220摆脱与巴西航空工业公司（Embraer）共享的区域市场，因为巴西航空工业公司的价格往往较低，而A220则有可能蚕食广受欢迎的A320的销量。 A220和较老但广泛使用的A320具有截然不同的特性，预计 波音 公司将大力宣传坚持使用一个兼容的喷气机系列（如其73...

Earnings Call Insights: A. O. Smith Corporation (AOS) Q4 2025 Management View CEO Stephen Shafer highlighted that "2025 sales increased slightly as pricing benefits and higher commercial water heater and boiler volumes were offset by lower China sales." He noted a "record EPS" for the company, citing a 6% increase to $3.85 and improved segment profitability. Shafer discussed the completion of the Leonard Valve acquisition, stating, "This acquisition expands our water management market reach, digital capabilities and integrated product portfolio." Shafer emphasized that North America water heater sales rose 1% in 2025, with commercial volumes offsetting wholesale residential softness due to new construction slowdown. He pointed out, "North America boiler sales grew 8% compared to 2024," and that water treatment sales decreased 2% as the company shifted focus from on-the-shelf retail to more profitable channels. The CEO described China sales as down 12% in local currency, attributing this to economic weakness and discontinued government subsidies, but noted restructuring and expense management aided margin expansion. CFO Charles Lauber reported, "We delivered sales of $3.8 billion in 2025, a slight increase over last year. 2025 earnings were $3.85 per share compared with adjusted earnings of $3.73 per share in 2024." He added, "North America segment earnings of $728 million increased 2% compared with 2024 adjusted segment earnings. Segment margin was 24.4%, an increase of 20 basis points year-over-year." Lauber stated, "We generated strong free cash flow of $546 million during 2025, a 15% increase over 2024, primarily driven by lower year-over-year capital investments as well as higher earnings and the benefit of a onetime tax adjustment." Outlook The company projects a 2026 EPS range of $3.85 to $4.15 per share. Lauber said, "The midpoint of our EPS range represents 4% growth over our 2025 EPS." A. O. Smith expects 2026 CapEx between $70 million and $80 million, free...

Earnings Call Insights: Thermo Fisher Scientific (TMO) Q4 2025 Management View Marc Casper, Chairman, President & CEO, emphasized, "We delivered a strong year, capped off by an excellent fourth quarter. Our results reflect outstanding execution from the team, the strength of our proven growth strategy and excellent operational performance enabled by our PPI Business System." Revenue for the quarter grew 7% year-over-year to $12.21 billion, with adjusted EPS up 8% to $6.57 per share. For the full year, revenue grew 4% to $44.56 billion and adjusted EPS increased 5% to $22.87 per share. Casper highlighted product innovation, including the launch of the Thermo Scientific Orbitrap Astral Zoom, 5-liter DynaDrive single-use bioreactor, Krios 5 Cryo-TEM, and Helios MX1 plasma-focused ion beam SEM. He noted, "Customer adoption and feedback have been extremely strong as the platform represents a significant leap forward in mass spectrometry, enabling researchers around the world to accelerate discovery and advance the pace of scientific breakthroughs." Strategic partnerships included a technology alliance with the Chan Zuckerberg Institute and a collaboration with OpenAI to embed artificial intelligence capabilities in operations and products. The company also announced the acquisition of Clario for approximately $9 billion, aiming to close by mid-2026, expected to add $0.45 adjusted EPS in the first 12 months of ownership. Casper stated, "We are initiating a 2026 revenue guidance range of $46.3 billion to $47.2 billion, which represents 4% to 6% reported revenue growth over 2025 and assumes 3% to 4% organic growth for the year. We are initiating our earnings guidance with an adjusted EPS range of $24.22 to $24.80 per share, which represents 6% to 8% growth in adjusted earnings per share." Stephen Williamson, Senior VP & CFO, said, "Throughout the year, the team effectively navigated the external environment and remain focused on delivering for all of our stakeholders. In Q4...

格隆汇1月30日｜加拿大总理卡尼：希望美国政府尊重加拿大主权。美国总统特朗普从未向我提及阿尔伯塔省或魁北克省分离主义的可能性。

Donald Trump has ordered the immediate reopening of commercial airspace over Venezuela, weeks after US military forces toppled the dictator Nicolás Maduro. Speaking at the White House during his cabinet’s first meeting of the year, Trump said he had just concluded a telephone conversation with Venezuela’s acting president (and former vice-president), Delcy Rodríguez, in which he informed her of the decision to restore flight access. “We’re going to be opening up all commercial airspace over Venezuela,” Trump told the gathering on Thursday. “American citizens will be very shortly able to go to Venezuela and they’ll be safe there.” The president said he had instructed the US transportation secretary, Sean Duffy, and Pentagon officials to implement the change before the day’s end. He characterized the security situation in Venezuela as being “under very strong control” after Rodríguez replaced Maduro. Direct commercial passenger and cargo flights between the US and Venezuela had already been suspended since May 2019, under Trump’s first term, when the Department of Transportation determined conditions in the country posed unacceptable safety and security risks to American carriers, crews and passengers. In November, as Trump was ramping up pressure on Maduro, he declared that the airspace “above and surrounding” Venezuela should be considered as “closed in its entirety”. The US Federal Aviation Administration (FAA) then told pilots to be cautious flying around the country because of heightened military activity, and international airlines began canceling flights to Venezuela. Trump’s announcement signaled the latest step in a rapid normalization of relations between Washington and Caracas under the interim government, which is mostly composed of Maduro’s former subordinates. For US oil companies, the opening also represents an opportunity to access Venezuela’s vast oil reserves, though significant infrastructure investment would probably be required to restore producti...

The company’s capital expenditures are set to surpass $20 billion this year, more than double what they were last year.

How Tesla Is Betting on Robotaxis and Robots as EV Sales Slump Bloomberg.com

How Tesla Is Betting on Robotaxis and Robots as EV Sales Slump Bloomberg

Investing.com -- Apple Inc. has acquired Israel-based artificial intelligence startup Q.ai, which specializes in technology that reads facial movements and understands silent communication. The acquisition brings back Aviad Maizels to Apple's fold, who co-founded Q.ai and was previously involved in a startup Apple purchased about ten years ago that helped develop Face ID. While Apple did not reveal the purchase price, the Financial Times reported the deal valued Q.ai at nearly $2 billion. The technology developed by Q.ai analyzes facial muscle movements during speech to interpret silent communication, potentially enhancing Apple's audio products and AI features like Siri. Johny Srouji, who leads Apple's custom silicon chip development and Israeli teams, praised the acquisition in a statement to YNet News, calling Q "an exceptional company, pioneering new and creative ways to use imaging and machine learning technologies." He added that Apple is "even more excited about what lies ahead." Before the acquisition, Q.ai had secured backing from several major investors including Google Ventures, Spark Capital, and Kleiner Perkins, according to the startup's website. At the reported $2 billion price tag, the deal also represents Apple's first 'sizeable' deal in years. While the company has been active in the M&A market, it primarily targeted technology and talent rather than major acquisitions Related articles Apple acquires Israeli AI startup Q.ai in first sizeable deal in years Nvidia's new Alpamayo project: What it means for Tesla? Goldman expects lower but still attractive stock market returns in 2026

Elon Musk says Tesla will end Model S and Model X production to focus on robots expressnews.com

(RTTNews) - The Treasury Department finished off this week's series of announcements of the results of its long-term securities auctions on Wednesday, revealing this month's auction of $56 billion worth of seven-year notes attracted below average demand. The seven-year note auction drew a high yield of 1.480 percent and a bid-to-cover ratio of 2.21. Last month, the Treasury sold $59 billion worth of seven-year notes, drawing a high yield of 1.588 percent and a bid-to-cover ratio of 2.42. The bid-to-cover ratio is a measure of demand that indicates the amount of bids for each dollar worth of securities being sold. The ten previous seven-year note auctions had an average bid-to-cover ratio of 2.28. Earlier this week, the Treasury revealed this month's auction of $56 billion worth of two-year notes and $57 billion worth of five-year notes both attracted modestly above average demand. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Big tech earnings so far this week have sent a clear warning: investors are willing to overlook soaring spending on artificial intelligence if it fuels strong growth, but are quick to punish companies that fall short. The contrast was clear in Thursday’s stock market reaction to earnings from Microsoft and Meta, highlighting how dramatically the stakes have changed since the launch of ChatGPT started the AI boom more than three years ago. Shares of the Instagram parent surged more than 9% on strong sales, while those of Microsoft slumped 10% after its cloud business failed to impress. “The market appears to be questioning whether these massive capital expenditure hikes will generate sufficient returns,” said Jesse Cohen, senior analyst at Investing.com. “This reflects a growing divide between tech companies’ AI ambitions and Wall Street’s patience for open-ended investment cycles.” After riding its first-mover advantage with OpenAI to become the world’s most valuable firm in 2024, Microsoft is now under growing investor pressure to justify its soaring capital outlay. Microsoft reported revenue growth in its Azure cloud-computing business that was only slightly above expectations. In contrast, AI bolstered ad targeting at Meta, boosting revenue by 24% in the December quarter and aiding a rosy first-quarter forecast. The results show that the Facebook owner’s gains from AI were helping fund its capital spending, which is expected to jump as much as 87% to $135bn this year. “Meta’s headline numbers are a really interesting reflection of the market’s attitude toward spending in the AI space,” said John Belton, portfolio manager at Gabelli Funds. “All else equal, the market would typically be concerned, but they have a big revenue guide for the first quarter.” Microsoft also faced pressure after a disclosure that OpenAI, its prized holding, accounts for 45% of its cloud backlog. Investors are worried that some $280bn could be at risk as the unprofitable startup loses mom...

Due to certain macroeconomic conditions, it hasn't been a good stretch for this sector. I won't sugar-coat it. Real estate investment trusts, or REITs, have underperformed the overall stock market for some time. Over the past decade, the Vanguard Real Estate ETF (VNQ +1.39%) has delivered annual total returns of just 5.1%, compared with 14.3% for the Vanguard Total Stock Market ETF (VTI 0.59%). However, this has been largely due to macroeconomic and overall stock market conditions, rather than poor performance by REITs themselves. Specifically, there are three big reasons why real estate has underperformed the overall market so badly: REITs tend to perform best in low-interest rate environments. Over the past decade, we've seen two prolonged periods of rising rates. In fact, even after the recent Federal Reserve rate cuts, the benchmark federal funds rate is 350 basis points higher than it was 10 years ago. The COVID-19 pandemic disproportionately impacted commercial real estate. While some property types largely remained unscathed, such as data centers and warehouses, many commercial properties (malls, offices, hotels, etc.) were forced to shut down or operate at reduced capacity for prolonged periods. The past decade's stellar returns in the overall stock market have been largely fueled by the rise of mega-cap tech stocks, especially those with an AI focus. The long-term average returns of the stock market are about 10% annually, so not only has real estate performed poorly, but the overall stock market has performed exceptionally well. Could we be at an inflection point? To be clear, I'm not saying the AI stocks that have been fueling the market are set to fall, but I do think a lot of future growth is already priced in. Meanwhile, the average REIT trades for just about 14 times funds from operations (FFO-the REIT equivalent of "earnings"). Although interest rates aren't likely to fall sharply, most experts expect them to gradually trend lower over the next few y...

阿迪达斯 在公布最近一个季度初步收入增长后，将推出一项2026年的股票回购计划。 这家德国鞋类和服装公司周四表示，其第四季度初步财务业绩显示，收入为60.8亿欧元（合72.7亿美元），高于上年同期的59.7亿欧元。 该公司还称，第四季度阿迪达斯品牌的汇率中性收入同比增长11%。该公司表示，包括2024年的Yeezy销售额在内，上一季度收入增长了10%。 阿迪达斯表示，其初步营业利润为1.64亿欧元，上年同期为5700万欧元。 该公司表示，初步毛利率提高了一个百分点，至50.8%。 该公司还表示，鉴于公司品牌势头和基本面稳健，其监事会批准了一项10亿欧元的股票回购计划。 该公司表示，回购将于下月开始，并持续至2026年底。该公司还表示，阿迪达斯打算注销回购的股票。 该公司预计将于3月4日公布其2025年全年财务业绩。 责任编辑：李桐

Now a senior source has indicated to Israeli journalists, including those from Haaretz and the Times of Israel, that the total number given by the Hamas health ministry is largely accurate, even though they have not been able to break down how many were combatants and how many died as a direct result of the fighting.

马斯克旗下的太空公司SpaceX和人工智能公司xAI正在洽谈合并，为今年晚些时候进行IPO做准备。 根据拟议合并的文件，xAI的股份将被换成SpaceX的股份，目前已成立两家内华达州实体以促成该交易。 责任编辑：李桐

IBM 发现，随着客户将人工智能（AI）融入其业务的更多角落，他们正面临一个新的挑战：如何追踪这些AI。 IBM首席财务官吉姆·卡瓦诺表示，成本作为部署AI最大障碍的日子已经一去不复返了。他说，现在，随着公司开始使用更多的AI技术，它们面临的主要挑战是组织和保护正在进入其运营的数以十亿计的新应用和AI智能体。 卡瓦诺说：“我认为过去的挑战是成本曲线。但目前最大的挑战是复杂性和专业知识。” 卡瓦诺说，当公司将AI添加到其运营中时，每个工作流程步骤都变成了自己的应用程序。其中许多应用程序还需要多个AI智能体。企业仍在探索管理这些庞大运营系统的最佳方式。 他说：“当你有数以十亿计的新应用程序以及在其上运行的大量AI智能体时，企业需要一种方法来管理、治理和协调这一切。” IBM认为自己正好可以满足这一需求。IBM并非与英伟达或博通等AI提供商直接竞争，而是充当中间人，帮助公司实施、扩展并最终管理AI系统。 这家总部位于纽约州阿蒙克的公司提供咨询、软件和基础设施服务。这意味着它可以为客户提供管理AI系统所需的工具，并教他们如何最好地使用这些工具。 AI已成为IBM各项业务的驱动力。IBM周三公布，在截至12月31日的第四财季，其收入增长了12%。其AI业务规模较第三财季增加了30亿美元，总额超过125亿美元。 周四下午，该公司股价上涨3.9%，至305.66美元。 卡瓦诺说，在企业中扩展AI的部分挑战在于，如何让它在单个公司的具体和多样化需求中发挥作用。他补充说，让AI在财务、人力资源、供应链和运营等部门无缝工作并非易事。 为解决这个问题，IBM采取了其所谓的“客户零号”（client zero）方法。换句话说，它首先在自己的业务运营中采用AI、混合云和自动化技术，然后将这些技术向公众发布并提供咨询服务。 卡瓦诺说：“将AI嵌入到公司运营的工作流程中并非易事。这需要了解工作流程如何运作的技术和领域知识。” 责任编辑：李桐

格隆汇1月30日｜市场消息：沙特国防大臣已抵达美国。

特朗普表示，在周四与委内瑞拉代理总统通话后，他已下令重新开放委内瑞拉领空。这是在突袭抓捕马杜罗后，美国为恢复两国关系而采取的举措之一。 特朗普在白宫内阁会议上说：“我们将开放委内瑞拉上空的所有商业空域。美国公民很快就能前往委内瑞拉，而且他们会很安全。” 特朗普表示，他已指示五角大楼和交通部在当天结束前完成相关调整，并称委内瑞拉代理总统德尔西·罗德里格斯曾表示其政府正在改善国内安全局势方面取得进展。 本月早些时候，美军展开抓捕马杜罗行动之际，美国联邦航空管理局发布紧急通知，禁止美国飞机在委内瑞拉空域的民用飞行。自2019年以来，美国直飞委内瑞拉的航班一直处于暂停状态。 责任编辑：李桐

Why Taiwan Semiconductor's Capacity Nightmare Is Intel's Foundry Dream Benzinga

Nvidia Could Use Intel’s Foundry in 2028. Is It Worth Buying INTC Stock Now and Waiting? Yahoo Finance

Semiconductor stocks have been volatile lately, and Intel (INTC) is no exception. After a strong rally in 2025, fueled by a new CEO and AI optimism, Intel’s stock has swung on mixed results. The chipmaker reported solid Q4 2025 results, topping estimates on both revenue and EPS, but its cautious 2026 guidance and manufacturing constraints rattled investors. Just as Intel shares sold off on those worries, a new twist emerged. Reports say Nvidia (NVDA) is exploring Intel’s foundry services for its 2028 “Feynman” GPUs. This unexpected potential partnership has rekindled optimism about Intel’s foundry strategy and put INTC back in the headlines. This is not the first time that Nvidia has joined forces with Intel. In late 2025, Intel and Nvidia announced a pact to co-develop AI CPUs and GPUs, with Intel building Nvidia-custom x86 CPUs and GPU+CPU “SoCs,” and Nvidia taking a $5 billion Intel stake. The question now is: Is Intel’s stock a buy-and-hold as it pursues this long-term opportunity? Let's break it down. Intel in a Nutshell Backed by the U.S. government, Intel is a pioneer of x86 PC and server processors that power much of the computing world. It designs and manufactures CPUs for PCs, servers, and edge devices, and it is aggressively rebuilding a foundry business to make chips for others. What makes Intel unique is its massive R&D and fabrication capacity in the U.S., plus deep ties in the tech ecosystem, assets it hopes to leverage as AI drives demand for custom chips. Intel also inked foundry deals with the big cloud players. Microsoft (MSFT) and Amazon (AMZN) are locked in to produce custom chips on Intel’s 18A process; details were under wraps, but both signed long-term fabrication contracts. Intel even supplied Gaudi AI accelerators to IBM’s (IBM) cloud (the Watsonx AI platform). These partnerships illustrate that Intel’s fabs are attracting marquee customers beyond its own chips. Valued at around $244 billion by market cap, Intel’s stock was dead in the wate...