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 w...
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...
Quang Ho/iStock Editorial via Getty Images Las Vegas Sands ( LVS ) was one of the worst-performing stocks in the S&P 500 Index on Thursday and was on pace in afternoon trading to have its worst day since the pandemic headlines hit. Investors were rattled after the casino company's earnings report threw a spotlight on margin pressure on Macau. Jefferies analyst David Katz highlighted that the conti...
Quang Ho/iStock Editorial via Getty Images Las Vegas Sands ( LVS ) was one of the worst-performing stocks in the S&P 500 Index on Thursday and was on pace in afternoon trading to have its worst day since the pandemic headlines hit. Investors were rattled after the casino company's earnings report threw a spotlight on margin pressure on Macau. Jefferies analyst David Katz highlighted that the continued growth of Marina Bay Sands and the successful ramp of The Londoner were overshadowed by lower-than-expected margins across the Macau portfolio. "We do not believe these results represent a structural shift in the market and continue to consider LVS a relative winner," advised Katz. The Jefferies view is that strong results during the Chinese New Year holiday could restore investor confidence in the growth algorithm for Buy-rated Las Vegas Sands ( LVS ). CBRE Research analyst John DeCree also kept a Buy rating in place on Las Vegas Sands ( LVS ). DeCree said that while the company's performance in Macau has been underwhelming for the past couple of quarters, the roaring success of Marina Bay Sands should give investors plenty to stay excited about while LVS management recalibrates the strategy in Macau. CBRE hiked its price target on LVS to $72, which implies an 11.0X trading multiple to the firm's FY27 EBITDA estimate. "The main driver of our PT increase is the extension of our valuation year from FY26 to FY27, which we expect to include more growth across both Macau and MBS," updated DeCree. Shares of Las Vegas Sands ( LVS ) were down 13.6% at 2:08 p.m. More on Las Vegas Sands Las Vegas Sands Corp. (LVS) Q4 2025 Earnings Call Transcript Las Vegas Sands Corp. 2025 Q4 - Results - Earnings Call Presentation Las Vegas Sands: 3 Things To Look For In Next Week's Earnings Report Las Vegas Sands raises dividend by 20% to $0.30 Las Vegas Sands signals focus on margin recovery in Macao and continued growth at Marina Bay Sands through 2026
According to a January 20, 2026, SEC filing , Walkner Condon Financial Advisors LLC increased its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 80,543 shares during the fourth quarter. The estimated value of the trade was $4.03 million, based on the mean unadjusted close during the quarter. The fund’s quarter-end position in the ETF was valued at $21.04 million, up $4.09 ...
According to a January 20, 2026, SEC filing , Walkner Condon Financial Advisors LLC increased its holdings in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 80,543 shares during the fourth quarter. The estimated value of the trade was $4.03 million, based on the mean unadjusted close during the quarter. The fund’s quarter-end position in the ETF was valued at $21.04 million, up $4.09 million from the prior period, reflecting both share purchases and price changes. The ETF is designed to provide exposure to a diversified portfolio of mortgage-related securities while maintaining a low duration profile. Its strategy emphasizes income generation and risk mitigation through active allocation within the mortgage-backed securities market. The First Trust Low Duration Opportunities ETF holds over 1,000 mortgage-related securities, primarily including mortgage-backed securities (MBSes) , which are pools of mortgages, in this case both residential and commercial. It focuses primarily on low-duration securities, and its weighted average net effective duration is about 2.5 years. This type of fund is suitable for investors with a shorter investment horizon, or those who are looking to diversify their portfolio. The short duration also helps protect investors against interest rate risk, as rates are less likely to change during shorter time frames. Continue reading
bymuratdeniz/iStock via Getty Images The Global X Uranium ETF ( URA ) exceeded its October '25 peak this week after a strong +6.85% one-day gain. It's risen +44% since my last article in November, which suggested to " Buy The 50% Retracement. " This article looks at what drove the move and why commodity markets are flashing a warning signal. URA Basics URA is managed by Global X and is based on th...
bymuratdeniz/iStock via Getty Images The Global X Uranium ETF ( URA ) exceeded its October '25 peak this week after a strong +6.85% one-day gain. It's risen +44% since my last article in November, which suggested to " Buy The 50% Retracement. " This article looks at what drove the move and why commodity markets are flashing a warning signal. URA Basics URA is managed by Global X and is based on the Solactive Global Uranium & Nuclear Components Total Return Index. It provides broad exposure to companies involved in uranium mining and nuclear power generation. Stocks are selected by a committee and weighted according to rules. A Committee composed of staff from Solactive is responsible for decisions regarding the composition of the Index as well as any amendments to the rules (in this document referred to as the “Committee” or the “Index Committee”). The future composition of the Index is determined by the Committee on the Selection Days. There is international exposure, and Canada is the top-weighted country. Global X This is primarily due to Cameco's heavy weighting, which is three times larger than second-place Oklo ( OKLO ). Seeking Alpha I don't particularly like the composition, with one company dominating and the second position taken by a company without any revenue (but plenty of promise). I actually prefer the Sprott Uranium Miners ETF ( URNM ), which looks better balanced and has Cameco at a 20% weighting and second-place Uranium Energy Corp. ( UEC ) at 13%. Most importantly, it has outperformed over the longer term. Data by YCharts But this article is about URA, and it's a decent fund for broad exposure and has grown in popularity in the last two years. Data by YCharts This is driven by the U-turn in global sentiment over uranium and nuclear energy. Following Fukushima, nuclear was frowned on. It is now seen as essential to global energy needs, and the huge electricity demands of AI have accelerated this sentiment. A Significant Rally How's this for volati...
Key Points Unlike most bubbles, the artificial intelligence bubble isn't overinflating other segments of the market. In fact, several other groups of stocks have specifically underperformed because investors have aggressively sought and bought AI stocks. A reversal of this dynamic may already be underway. These 10 stocks could mint the next wave of millionaires › It obviously hasn't happened yet. ...
Key Points Unlike most bubbles, the artificial intelligence bubble isn't overinflating other segments of the market. In fact, several other groups of stocks have specifically underperformed because investors have aggressively sought and bought AI stocks. A reversal of this dynamic may already be underway. These 10 stocks could mint the next wave of millionaires › It obviously hasn't happened yet. The risk of artificial intelligence (AI) stocks like Nvidia or Broadcom being in a bubble on the verge of popping, however, still looms large. Wise investors are preparing ahead of time, rather than risking being in a position that may force them into making a quick -- but ultimately misguided -- decision. To this end, what should everyone at least start thinking about doing if AI stocks start to suffer a major correction? Here are three biggies that should help your portfolio hold up when it seems like everything is imploding. 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 » Small caps Artificial intelligence stocks haven't just outperformed the rest of the market since late 2022, when the launch of ChatGPT kicked off AI-mania. This leadership has come at the expense of other segments of the market. And one segment in particular that investors have avoided in order to own more AI stocks is small-cap names. Now they're well undervalued. Indeed, numbers from Yardeni Research indicates the S&P 600 Small Cap Index's trailing price-to-earnings ratio is only 16, while its forward-looking P/E ratio is not much higher at 16.4. Both are below long-term norms. If the AI bubble bursts here, it will mostly impact large-cap technology stocks. This could actually push the crowd back toward smaller names as a safe(r) haven. Dividend-paying value stocks Then there's the obvious defense against a meltdown of the market's most overvalued tech names. That's value stocks, i...
The Dutch semiconductor equipment maker has a bright future. ASML's (ASML +2.00%) stock has roughly doubled over the past 12 months. The Dutch semiconductor equipment maker attracted significant attention as a long-term play on the growth of the AI market, since its lithography systems are essential for producing the top AI chips. However, I believe ASML's stock could soar even higher this year fo...
The Dutch semiconductor equipment maker has a bright future. ASML's (ASML +2.00%) stock has roughly doubled over the past 12 months. The Dutch semiconductor equipment maker attracted significant attention as a long-term play on the growth of the AI market, since its lithography systems are essential for producing the top AI chips. However, I believe ASML's stock could soar even higher this year for three simple reasons. 1. It's a "picks and shovels" play for the AI infrastructure market ASML is the world's largest producer of lithography systems, which are used to optically etch circuit patterns onto silicon wafers. It's also the only producer of high-end extreme ultraviolet (EUV) lithography systems, which are used to manufacture the world's smallest and most densely packed chips. All of the most advanced foundries -- including TSMC (TSM 1.29%), Samsung, and Intel -- use its EUV systems to produce their most sophisticated chips. Fabless chipmakers -- including Nvidia (NVDA 0.59%), AMD (AMD 1.58%), Broadcom (AVGO 1.03%), and Qualcomm -- outsource their chip production to TSMC and other foundries. Those foundries couldn't manufacture those chips -- including the latest AI chips from Nvidia, AMD, and Broadcom -- without ASML's EUV systems. That makes ASML one of the top "picks and shovels" plays on the AI infrastructure market, which could grow at a CAGR of 29.1% from 2025 to 2032, according to Fortune Business Insights. It's also a well-balanced way to profit from the AI market's long-term expansion without worrying about competitive pressure among individual chipmakers. Expand NASDAQ : ASML ASML Today's Change ( 2.00 %) $ 28.43 Current Price $ 1451.35 Key Data Points Market Cap $552B Day's Range $ 1399.59 - $ 1467.39 52wk Range $ 578.51 - $ 1493.47 Volume 109K Avg Vol 1.6M Gross Margin 52.70 % Dividend Yield 0.52 % 2. The memory market is recovering ASML also sells many lithography systems to memory chipmakers like Micron (MU 0.38%), which uses its EUV systems to ma...
Pathward Financial delivers banking and payment solutions to commercial clients and consumers across the U.S. financial sector. On January 20, 2026, Shepherd Wealth Management disclosed it had liquidated its entire position in Pathward Financial (CASH +2.82%), selling 15,726 shares in an estimated $10.06 million transaction based on quarterly average pricing. What happened According to a U.S. Secu...
Pathward Financial delivers banking and payment solutions to commercial clients and consumers across the U.S. financial sector. On January 20, 2026, Shepherd Wealth Management disclosed it had liquidated its entire position in Pathward Financial (CASH +2.82%), selling 15,726 shares in an estimated $10.06 million transaction based on quarterly average pricing. What happened According to a U.S. Securities and Exchange Commission (SEC) filing dated January 20, 2026, Shepherd Wealth Management sold its entire stake of 15,726 shares in Pathward Financial. The estimated transaction value is $10.06 million, calculated using the average price for the quarter. The net position change for the fund was a $10.06 million decrease, reflecting the full liquidation and price movement over the period. What else to know After this sale, Pathward Financial represented 0% of the fund's reported AUM, down from 6.7% in the previous quarter. Top holdings after the filing: NASDAQ:PHO: $39.47 million (27.4% of AUM) NASDAQ:NVDA: $11.99 million (8.3% of AUM) NASDAQ:PLTR: $9.93 million (6.9% of AUM) NASDAQ:TSLA: $9.14 million (6.4% of AUM) NYSEMKT:IWM: $6.35 million (4.4% of AUM) As of January 20, 2026, shares of Pathward Financial were priced at $74.18, down 5.16% over the past year, underperforming the S&P 500 Index by 17.67 percentage points. Pathward Financial reported trailing-12-month revenue of $724.3 million and net income of $191.0 million as of September 30, 2025. Dividend yield stood at 0.27% on January 20, 2026. Expand NASDAQ : CASH Pathward Financial Today's Change ( 2.82 %) $ 2.42 Current Price $ 88.13 Key Data Points Market Cap $1.9B Day's Range $ 86.16 - $ 88.61 52wk Range $ 64.45 - $ 88.61 Volume 11K Avg Vol 222K Dividend Yield 0.23 % Company overview Metric Value Price (as of market close 2026-01-20) $74.18 Market Capitalization $1.95 billion Revenue (TTM) $724.3 million Net Income (TTM) $191.0 million Company snapshot Provides a broad suite of banking products and services, ...
Marina113/iStock Editorial via Getty Images Buoyed by a strong profit outlook for 2026 , record bookings for the year, and expansion plans that include new ships, new destinations, and new European itineraries, shares of Royal Caribbean ( RCL ) were launched 15% higher on Thursday to their highest level in four months. The revenue growth, however, was just half the story as Royal Caribbean ( RCL )...
Marina113/iStock Editorial via Getty Images Buoyed by a strong profit outlook for 2026 , record bookings for the year, and expansion plans that include new ships, new destinations, and new European itineraries, shares of Royal Caribbean ( RCL ) were launched 15% higher on Thursday to their highest level in four months. The revenue growth, however, was just half the story as Royal Caribbean ( RCL ) successfully controlled costs and navigated the saturated Caribbean market. “Another year of flat to +1% of net cruise cost ex-fuel is decidedly better than expectations of UBS’s +2.0% estimate,” UBS analyst Robin Farley writes, with the cost profile also contributing to the full year EPS outlook of $17.70 to $18.10 per share. Besides financials, Royal Caribbean’s fleet expansion is contributing to the stock’s performance with the upcoming addition of 10 new ships for its Celebrity River business, along with two new ocean ships. “With this announcement, RCL grows into the highly fragmented European river market, with announced additional sailings on the Danube and the Rhine,” noted BofA Securities’ Andrew Didora. The pressure from Caribbean oversaturation should be felt more acutely in the first quarter. But RCL’s yield growth guidance of 1.0% to 1.5% is “good enough and suggests RCL can still grow total pricing despite these headwinds,” says BNP Paribas analyst Xian Siew, adding that once the company is past some of the Caribbean headwinds, “pricing can reaccelerate with a path to 3%+.” “With RCL’s growth story still intact and better-than-expected cost controls driving upside on full year EPS guidance, we think this should be a green light to cruise and remain Outperform,” Siew adds. Royal Caribbean’s ( RCL ) upbeat outlook and outsized gain in the share price is lifting the segment, with shares of Carnival Corp ( CCL ), Norwegian Cruise Lines ( NCLH ), and Viking Holdings ( VIK ) all trading with gains of 5% to 8% . More on Royal Caribbean Cruises Royal Caribbean Cruise...
Earnings Call Insights: National Fuel Gas Company (NFG) Q1 2026 Management View David Bauer, President and CEO, opened the call by recognizing the operations team for maintaining system reliability during challenging winter conditions and reported “adjusted earnings per share of $2.06, right in line with our expectations.” Bauer highlighted a “29% increase in adjusted EBITDA compared to the prior ...
Earnings Call Insights: National Fuel Gas Company (NFG) Q1 2026 Management View David Bauer, President and CEO, opened the call by recognizing the operations team for maintaining system reliability during challenging winter conditions and reported “adjusted earnings per share of $2.06, right in line with our expectations.” Bauer highlighted a “29% increase in adjusted EBITDA compared to the prior year” in the integrated upstream and gathering segment, with strong regulated business performance driven by the New York utility's 3-year rate settlement and the pipeline modernization tracker in Pennsylvania. Bauer stated the outlook for natural gas “is as strong as it’s ever been with demand at all-time highs,” and emphasized expansion in Seneca’s inventory and a 30% capital efficiency gain since 2023. “Well results from our Lower Utica program in Tioga County remain among the basin’s best,” and Upper Utica delineation has “essentially doubled our core Tioga inventory estimate.” Bauer reported on pipeline expansion: “The Tioga Pathway project is moving forward according to schedule...our Shippingport Lateral Project has now received all its required permits, keeping it on track for a late calendar 2026 in-service date.” He announced a pending Pennsylvania utility rate case for an “approximately $20 million increase in rates.” Bauer confirmed progress on the CenterPoint Ohio LDC acquisition, stating, “we completed a well-executed $350 million private placement of common stock, which satisfies our equity need for the transaction.” Timothy Silverstein, CFO, stated, “National Fuel had a great start to the fiscal year with adjusted EPS of $2.06, which keeps us on track to achieve our full year guidance.” Silverstein explained transaction and integration costs related to the Ohio utility acquisition and discussed permanent financing, noting “we expect to issue approximately $1.5 billion in long-term debt.” Silverstein also reported, “Fiscal '26 adjusted EPS is projected to gro...
Earnings Call Insights: Bread Financial Holdings (BFH) Q4 2025 Management View CEO Ralph Andretta reported that Bread Financial delivered strong fourth quarter and full year 2025 results, highlighting "7 major new brand signings in 2025 and renewing multiple existing partners in a number of verticals." The home vertical expanded significantly with new relationships, including Bed Bath & Beyond, Fu...
Earnings Call Insights: Bread Financial Holdings (BFH) Q4 2025 Management View CEO Ralph Andretta reported that Bread Financial delivered strong fourth quarter and full year 2025 results, highlighting "7 major new brand signings in 2025 and renewing multiple existing partners in a number of verticals." The home vertical expanded significantly with new relationships, including Bed Bath & Beyond, Furniture First, and Raymour & Flanigan. Andretta indicated the successful launch of partnerships with Crypto.com, Cricket Wireless, and Vivint, noting these demonstrate "how our product solutions span all generational segments and are supported by our digital-first approach." Andretta stated, "All of our top 10 programs are now renewed into at least 2028," and cited the launch of an enhanced Caesars Rewards credit card as evidence of ongoing product innovation. Co-brand comprised 52% of credit sales in Q4, up from 48% in Q4 2024. Direct-to-consumer deposit balances increased 11% year-over-year and have grown for 20 consecutive quarters, now representing 48% of average total funding in Q4, up from 43% a year ago. Capital return included $350 million to shareholders, with $310 million in share repurchases and a 10% dividend increase. Andretta highlighted upgrades from Moody's and Fitch and positive outlooks from Moody's and S&P, stating, "Our focus on operational excellence and technology advancements was evident this year as we achieved our goal of delivering positive operating leverage." CFO Perry Beberman reported, "Credit sales of $27.8 billion increased 3% year-over-year," and revenue increased $7 million, driven by pricing changes and paper statement fees. He added, "Total noninterest expenses decreased $72 million or 3%, driven by a $43 million lower year-over-year net impact from debt repurchases." Outlook Bread Financial expects full year 2026 average credit card and other loans growth to be "up low single digits compared to 2025" and anticipates "total revenue growth...
This article first appeared on GuruFocus. Release Date: January 29, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points The holiday season operations ran smoothly, showing significant improvement from previous issues. The company made progress in simplifying its organization, moving to a function-based operating structure, which...
This article first appeared on GuruFocus. Release Date: January 29, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points The holiday season operations ran smoothly, showing significant improvement from previous issues. The company made progress in simplifying its organization, moving to a function-based operating structure, which is driving greater efficiency and collaboration. 1-800-Flowers.com Inc (NASDAQ:FLWS) achieved approximately $15 million in annualized run rate cost savings for fiscal 2026. The company is focusing on improving marketing contribution margin and efficiency, which is expected to build a more sustainable demand generation model. Expansion of third-party marketplace offerings, including partnerships with Uber, DoorDash, Amazon, and Walmart.com, is rapidly growing and expanding customer reach. Negative Points Revenue came in below expectations, primarily due to a decline in direct traffic and changes in search engine results. Gross margin decreased due to lower fixed cost absorption, high commodity costs, and the impact of tariffs. The consumer floral and gift segment saw a significant decline of 22.7%, driven by inefficient marketing spend. Consultant costs are impacting profitability, with approximately $11 million expected in fiscal 2026. The return on invested capital for temporary pop-up stores was not attractive, leading to a decision not to pursue additional pop-up locations. Q & A Highlights Q: Can you provide more details on the decline in the consumer floral and gift segment? Was it primarily driven by PMall? A: Yes, PMall experienced a larger decline than the floral segment. This was mainly due to inefficient marketing spend, which we have since adjusted to improve their ad spend ratio and overall contribution margin. PMall was more impacted by last year's inefficient marketing spend compared to the floral business. - James Langrock, CFO Q: Are you seeing any differen...
Earnings Call Insights: L3Harris Technologies (LHX) Q4 2025 Management View CEO Christopher Kubasik stated the company “wrapped up 2025 by continuing to execute with speed and discipline, meeting our customer commitments, improving on-time delivery and investing to increase production capacity while delivering strong fourth quarter and full year results.” He highlighted a record order book and str...
Earnings Call Insights: L3Harris Technologies (LHX) Q4 2025 Management View CEO Christopher Kubasik stated the company “wrapped up 2025 by continuing to execute with speed and discipline, meeting our customer commitments, improving on-time delivery and investing to increase production capacity while delivering strong fourth quarter and full year results.” He highlighted a record order book and strong demand signals as positioning the company for sustained growth. Kubasik detailed the sale of a 60% stake in the civil Space Propulsion and Power business to AE Industrial Partners, emphasizing that the transaction “enables us to sharpen our focus on our priorities for the Department of War and our allies.” The company reorganized from four to three business segments and announced a planned initial public offering of the Missile Solutions business in the second half of 2026. Kubasik said, “The Department of War is the anchor investor, creating a $4 billion-plus revenue majority-owned public company with sustainable double-digit growth.” He underscored major contract wins including a $2.2 billion award from South Korea for next-generation airborne early warning missionized business jets, an $850 million SDA contract for 18 satellites in the Tranche 3 tracking layer, and multiple international tactical communications and software-defined radio orders totaling over $200 million. Kubasik reported record backlog and overall book-to-bill of 1.3x, with “backlog in excess of $38 billion.” Kenneth Bedingfield, Senior VP, CFO & President Missile Solutions, stated, “Revenue was $21.9 billion, up 5% organically with growth in all 4 segments. Adjusted segment operating margin was 15.8%, up 40 basis points.” He reported non-GAAP EPS of $10.73 for 2025, a growth of 11% over 2024, and adjusted free cash flow of $2.8 billion, up greater than 20%. Bedingfield highlighted the Department of War’s planned $1 billion investment in Missile Solutions, structured as a preferred security converti...
Despite the constant chorus around diversification, mega-cap stocks continue to anchor market psychology. HSBC Holdings plc (HSBC) has leaned into that reality, urging investors to stay aggressively pro-risk as scale and earnings visibility continue to win. Recently, the global banking powerhouse said it is almost at maximum overweight in equities, while also overweight in high-yield credit, emerg...
Despite the constant chorus around diversification, mega-cap stocks continue to anchor market psychology. HSBC Holdings plc (HSBC) has leaned into that reality, urging investors to stay aggressively pro-risk as scale and earnings visibility continue to win. Recently, the global banking powerhouse said it is almost at maximum overweight in equities, while also overweight in high-yield credit, emerging-market debt, and gold. The bank downplayed geopolitics as a secondary concern, arguing that U.S. rates, rate volatility, and near-term growth expectations remain the true market drivers. It also cautioned that fourth-quarter S&P 500 Index ($SPX) earnings expectations are “ still way too low ,” recommending a rotation away from rate-sensitive, high-beta sectors and back into mega caps. This rotation places Amazon (AMZN) firmly at center stage. As one of the market’s most influential hyperscalers, Amazon sits at the intersection of consumer demand, cloud infrastructure, and artificial intelligence (AI) . The company has even raised its 2026 capital expenditure forecast to $125 billion from $118 billion, the highest among mega caps, reflecting surging AI and cloud demand. Analysts now project Amazon's growth of more than 17% in 2026 to over $146 billion. For investors aligned with HSBC’s strategy, Amazon increasingly reads as a long-term compounder rather than a short-term trade. About Amazon Stock The Seattle, Washington-based Amazon has evolved far beyond an online retailer. With a market cap of nearly $2.6 trillion , it sells nearly everything, delivers at unmatched speed, streams content, and builds devices. Behind the scenes, Amazon Web Services (AWS) powers vast portions of the internet through cloud and AI services. Over the past six months, the stock has gained 3.6% . In the last three months, it is up 3.9%. Over just the past five trading sessions, shares have climbed another 2.14%, reflecting renewed confidence ahead of major earnings catalysts. Coming to valuati...
The brutality of Iran’s crackdown on protesters is almost unfathomable. Despite the authorities cutting off communications and destroying evidence, it is clear that a regime never reluctant to shed its citizens’ blood has done so with unprecedented zeal, sensing an unprecedented threat from unrest across the country, challenging not only its policies but its very existence. Officials have reported...
The brutality of Iran’s crackdown on protesters is almost unfathomable. Despite the authorities cutting off communications and destroying evidence, it is clear that a regime never reluctant to shed its citizens’ blood has done so with unprecedented zeal, sensing an unprecedented threat from unrest across the country, challenging not only its policies but its very existence. Officials have reported 3,000 deaths, but human rights groups have tallied many more, and a network of medical professionals has estimated that 30,000 could have been killed. Security forces shot people dead as they fled a fire and are arresting doctors for helping the wounded. Alongside the fury at this vengeful regime is anger at another leader: Donald Trump, who urged Iranians to keep protesting and promised them that “help is on its way” – then played down the slaughter. Now the US president has warned via social media that “a massive Armada is heading to Iran”, and that “the next attack will be far worse” than Operation Midnight Hammer, the US strike on nuclear sites last summer. Iran’s muted response, and its weakening over the last year, has emboldened him, as has his seizure of Venezuela’s Nicolás Maduro, referenced in his post. But protesters were forgotten: instead his demand was “NO NUCLEAR WEAPONS”. Mr Trump is notoriously unpredictable: in his first term, he called off an attack on Iran 10 minutes before it happened. But his newfound interventionism has wrenched the spotlight from the Epstein files, and Iran threats distract from Immigration and Customs Enforcement brutality at home and his climbdown over Greenland. Iran is a far more popular target than Denmark among his base. Many Iran analysts now see a “zombie state” – unable to ensure even a basic standard of living or to defend its sovereignty; apparently unable to renew itself; but as tyrannical as it is frail. However, military intervention could come at huge human cost and would not bring democracy – even if that were Mr Tru...
Jan. 29, 2026, 2:02 p.m. ET U.S. stocks are struggling, hitting a one-week low around midday amid souring sentiment on software companies. Microsoft, one of the "Magnificent 7" megacap tech companies with considerable weight in major stock indexes, tumbled despite beating earnings and revenue forecasts in its fiscal second quarter as investors focused on slower-than-expected growth in its cloud co...
Jan. 29, 2026, 2:02 p.m. ET U.S. stocks are struggling, hitting a one-week low around midday amid souring sentiment on software companies. Microsoft, one of the "Magnificent 7" megacap tech companies with considerable weight in major stock indexes, tumbled despite beating earnings and revenue forecasts in its fiscal second quarter as investors focused on slower-than-expected growth in its cloud computing business and higher-than-expected spending on data centers and other AI infrastructure. Shares in the Redmond, Washington-based company were last down 12% and on track for their worst day since March 2020. But Microsoft wasn't alone. Other software companies like ServiceNow, German business software company SAP and Salesforce also saw heavy selling. It's been a “get me out of this group” type selling," said William Beavington at investment firm Jefferies. "Even when we get a technical bounce like we saw late last week, any sort of pop in this group is just going to be sold." At 12:43 p.m. ET, the broad S&P 500 index was down 0.68%, or 47.61 points, at 6,930.42, while the tech-heavy Nasdaq shed 1.45%, or 346.155 points, to 23,511.292. The blue-chip Dow dropped 0.17%, or 85.09 points, to 48,930.51. Better performance outside of software Companies outside of the software sector fared better. For example, Equipment maker Caterpillar and payments processor Mastercard each rose after improved year-over-year quarterly results. Defense contractor Lockheed Martin forecast 2026 earnings above Wall Street expectations. Southwest Airlines expected strong full-year profits. IBM beat earnings estimates in the final three months of its fiscal year. Social media giant Meta saw strong sales in the first three months of its fiscal year. Gold loses some luster Gold prices were choppy. After reaching a record high above $5,500 per ounce earlier in the session, they fell as investors locked in some profits. They've recently recovered some losses and were last up 1.19% Even with the decl...
俄烏戰爭|特朗普稱普京同意暫停空襲烏克蘭主要城市一周 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】美國總統特朗普稱俄羅斯總統普京同意暫停空襲烏克蘭主要城市一周,俄羅斯未有回應。 特朗普出席內閣會議稱因應烏克蘭正...
俄烏戰爭|特朗普稱普京同意暫停空襲烏克蘭主要城市一周 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】美國總統特朗普稱俄羅斯總統普京同意暫停空襲烏克蘭主要城市一周,俄羅斯未有回應。 特朗普出席內閣會議稱因應烏克蘭正經歷嚴寒,已親自要求普京暫停向基輔等烏克蘭主要城市攻擊一星期,形容當地處境艱難。烏克蘭總統澤連斯基感謝特朗普政府阻止俄軍攻擊國家關鍵能源基礎設施,為人民提供安全保障,又證實上周舉行的美烏俄三方會晤曾討論相關措施,烏方會密切關注情況,期望俄方信守承諾停止攻擊。
特朗普:中英加強經貿合作非常危險 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】美國總統特朗普回應記者提問時,形容英國和中國加強經貿合作非常危險。 特朗普:「我認為中英加強經貿合作是十分危險,我認為加拿大跟中國合...
特朗普:中英加強經貿合作非常危險 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】美國總統特朗普回應記者提問時,形容英國和中國加強經貿合作非常危險。 特朗普:「我認為中英加強經貿合作是十分危險,我認為加拿大跟中國合作更危險,加拿大不是很好、表現很差,你不能將中國作為解決問題的答案。我很了解中國,國家主席習近平是我的朋友,我很了解他與加拿大合作要跨越重大障礙。」
A ground rent cap is a good start, but ministers need to go further in reforming an unjust system Changes to lease agreements, leading to steeply increasing ground rents over recent years, are an outrage . An estimated 18% of leaseholders in England and Wales – around 1m households – have a so-called “modern ground rent” lease, with escalating charges that make it impossible in many cases to remor...
A ground rent cap is a good start, but ministers need to go further in reforming an unjust system Changes to lease agreements, leading to steeply increasing ground rents over recent years, are an outrage . An estimated 18% of leaseholders in England and Wales – around 1m households – have a so-called “modern ground rent” lease, with escalating charges that make it impossible in many cases to remortgage or sell. Cost-of-living pressures, including food and energy price rises, make it all the more urgent that their situation is addressed. Angela Rayner was right to argue in the Guardian last week that ministers must pick a side. This market should never have been allowed to develop in the way that it has. An investigation by the Competition and Markets Authority found no evidence that leaseholders get anything for these annual fees – which are separate from service charges that pay for the maintenance of common areas. Campaigners for leasehold abolition are right that the rent-seeking behaviour of freeholders is wrong. Mortgage lenders, as well as politicians, should have put their feet down years ago. Continue reading...
If you were to guess where Madonna goes on holiday, you might think Mustique or the Maldives – Margate probably would not make the list. But the pop superstar spent the weekend there and enthused in an Instagram post that “the whole town seems to be inhabited and energised by creativity”, and that “whenever I go there, I feel like I’ve entered a dream”. Madonna shared photos of herself with Tracey...
If you were to guess where Madonna goes on holiday, you might think Mustique or the Maldives – Margate probably would not make the list. But the pop superstar spent the weekend there and enthused in an Instagram post that “the whole town seems to be inhabited and energised by creativity”, and that “whenever I go there, I feel like I’ve entered a dream”. Madonna shared photos of herself with Tracey Emin alongside the artist’s work in her studio, writing: “Dame Tracey Emin is a Pearl. A precious necklace that has been draped around a seaside Town in England called Margate.” She said she had known Emin for more than 25 years and was a fan of “her extremely personal and provocative work”, and she praised her for creating a “remarkable” artist residency programme at TKE Studios, which invites young artists from around the world to stay and paint for several month-long stints. She said these artists “would have no place to paint and develop their talent and be a part of the many exhibitions that happen around Margate”. View image in fullscreen Margate has been transformed in recent years as a result of an influx of artists, musicians and celebrities. Photograph: Phillip Roberts Photography/Alamy “I’ve been there a few times now and I’m always struck by the commitment and passion of all of these artists. Hungry, possessed, and extremely grateful to have this opportunity. They all have very touching stories to share and honestly it’s so refreshing to witness them working in such a dedicated way,” Madonna wrote. As well as calling the local community of writers and performance artists, photographers and painters “my idea of heaven”, she shared her love for a local Italian restaurant, which “I’m not giving anyone the name of because then everyone’s going to go there and it only has one table,” she said. Local people have speculated she was referring to Bottega Caruso. In October, Isle of Thanet News reported that the singer had been spotted at the Carl Freedman Gallery and Em...