SpaceX , the satellite company founded by Elon Musk , is asking state regulators for a number of concessions related to a $42.5 billion government program to provide Internet access to remote parts of the country. After initially finding it difficult to qualify for the program under benchmarks established under President Joe Biden , Musk’s company successfully lobbied the Trump administration to c...
SpaceX , the satellite company founded by Elon Musk , is asking state regulators for a number of concessions related to a $42.5 billion government program to provide Internet access to remote parts of the country. After initially finding it difficult to qualify for the program under benchmarks established under President Joe Biden , Musk’s company successfully lobbied the Trump administration to change program requirements to make it more feasible for the company to participate. Now, after winning access to some of the funding last year, SpaceX is requesting additional changes to the terms, according documents made public by the Benton Institute for Broadband & Society. Musk’s company is appealing to the state offices that oversee funding for the government’s Broadband Equity, Access and Deployment program, according to the group, a public interest think tank. The changes reflect challenges with the program, which was designed with land-based operators in mind, the broadband society said in a blog post. SpaceX said that it can’t reserve large, unused portions of its network to prepare for demand, as the program requires. Doing so would be “wasteful” and “inefficient,” SpaceX said in a Jan. 13 letter intended for state officials. Without the changes, the program would become “untenable” for low-earth orbit satellite providers like SpaceX, which operates the Starlink satellite network, “If SpaceX is providing customers with the appropriate quality of service, on the appropriate timelines, this is direct evidence that Space X has made the necessary reservation,” the company said. SpaceX also said it would need half of the total funding it’s eligible for up front, according to a contract rider reviewed by Bloomberg News. SpaceX said it alone should determine if an internet user falls within the approved project area — not the project map that other ground-based providers are reliant on. SpaceX representatives didn’t return requests for comment. Musk’s company lobbied fo...
Citadel, the most successful hedge fund in commodity markets, is finally taking a step into industrial metals — shifting its stance after years of avoiding the sector as prices from copper to tin hit record highs. The hedge fund led by Ken Griffin has hired Ylan Adler as a portfolio manager with a cross-commodities mandate of which metals will be a key part, according to people familiar with the m...
Citadel, the most successful hedge fund in commodity markets, is finally taking a step into industrial metals — shifting its stance after years of avoiding the sector as prices from copper to tin hit record highs. The hedge fund led by Ken Griffin has hired Ylan Adler as a portfolio manager with a cross-commodities mandate of which metals will be a key part, according to people familiar with the matter. The move comes amid a wider rush of interest in metals trading, as a red-hot market draws many other funds and trading houses to expand into the sector. Citadel’s commodities business has notched up vast earnings in recent years — making about $8 billion in 2022 — and its success has triggered a wave of commodity hires by competitors seeking to follow. Until now, it has been principally focused on energy markets, where it has become one of the largest physical gas traders in the US. The hire of Adler is a modest step compared with large-scale hiring sprees from some of Citadel’s rivals, but it nonetheless marks a shift for the Miami-based group. While it has been an active participant in precious-metals markets for several years, Citadel’s commodities unit has largely stayed out of base metals like copper or zinc. It viewed the sector as one where opportunities have been limited and where it’s hard to compete with incumbent traders that also own large-scale producing assets, like Glencore Plc and Trafigura Group . That stance has softened in the past year as US President Donald Trump’s tariff threats triggered wild volatility in metals markets and opened up enormous opportunities for traders. Adler, a former partner and head of commodities at Brazilian hedge fund SPX Capital, joined Citadel in January, according to his LinkedIn profile , and will build a team focused on metals and agriculture. Some of the world’s largest physical energy trading houses, including Vitol Group , Mercuria Energy Group Ltd. and Gunvor Group , have been aggressively expanding in metals in ...
You might know Corning for its iconic kitchen brands, like Pyrex and CorningWare. You might remember that Thomas Edison relied on the company to develop the glass for the lightbulb, or that In 1970, Corning invented the first glass fiber that was useful for long-distance communication, while in 2007 Steve Jobs turned to Corning, which is based in Corning, NY, to create the hard-to-shatter glass th...
You might know Corning for its iconic kitchen brands, like Pyrex and CorningWare. You might remember that Thomas Edison relied on the company to develop the glass for the lightbulb, or that In 1970, Corning invented the first glass fiber that was useful for long-distance communication, while in 2007 Steve Jobs turned to Corning, which is based in Corning, NY, to create the hard-to-shatter glass that now wraps every iPhone. You probably don’t think of it as an AI company, but a new deal with Meta shows how radically the AI boom is reshaping America’s industrial landscape. The 175-year-old Corning, a longtime fixture of the Fortune 500, has reinvented itself once again—this time as a critical supplier to the world’s largest AI data centers. Meta announced today that it has committed to paying Corning up to $6 billion through 2030 for fiber-optic cable to wire its expanding fleet of AI data centers. In a CNBC interview, Corning CEO Wendell Weeks disclosed that Corning is expanding a North Carolina manufacturing facility to accommodate growing demand from Meta and other companies including Nvidia, OpenAI, Google, Amazon and Microsoft. When the project is complete—with funding from Meta—Corning says it will be the largest fiber-optic cable plant in the world. The news today sent Corning’s stock soaring 16%. Instead of sending information as electrical signals through copper wire, fiber uses strands of ultra-pure glass—each one thinner than a human hair—to carry data as pulses of light. In AI data centers, fiber optic cable links tens of thousands of GPUs, allowing them to function as a single supercomputer cluster. Shay Boloor, chief market strategist at Futurum Equities, told Fortune the Meta deal is “big” for Corning, likely doubling its annual revenue from that one deal alone from under a half-billion to closer to a billion per year once the plant is fully ramped up. The deal also likely won’t be the last one for Corning, as hyperscalers look to lock in supply. “I wou...
Modi may not see eye-to-eye with Europe on everything. But he won’t try to humiliate the continent either, Bloomberg Opinion columnist Mihir Sharma says. (Source: Bloomberg)
Modi may not see eye-to-eye with Europe on everything. But he won’t try to humiliate the continent either, Bloomberg Opinion columnist Mihir Sharma says. (Source: Bloomberg)
Can the stock keep soaring? Palantir Technologies (PLTR 1.50%) continues to impress the market with its phenomenal growth and outstanding opportunities. Despite some doomsday predictions, Palantir stock ended 2025 up 135%, trouncing the market and most artificial intelligence (AI) stocks. If you're following the company's meteoric rise and wondering what's coming next, here's what you should be pa...
Can the stock keep soaring? Palantir Technologies (PLTR 1.50%) continues to impress the market with its phenomenal growth and outstanding opportunities. Despite some doomsday predictions, Palantir stock ended 2025 up 135%, trouncing the market and most artificial intelligence (AI) stocks. If you're following the company's meteoric rise and wondering what's coming next, here's what you should be paying attention to in the upcoming earnings report on Feb. 2. Accelerating or decelerating What's fueling Palantir's incredible stock gains is its incredible growth. Palantir has become the poster child for AI stocks, but it uses AI in a very specific way, integrating with existing company data stores and offering data organization and analysis for large enterprises. It locks in long-term contracts from giants in many industries, including government and military, that provide years of recurring revenue streams. Expand NASDAQ : PLTR Palantir Technologies Today's Change ( -1.50 %) $ -2.52 Current Price $ 164.95 Key Data Points Market Cap $399B Day's Range $ 164.80 - $ 169.41 52wk Range $ 66.12 - $ 207.52 Volume 551K Avg Vol 45M Gross Margin 80.81 % It's only been public since 2020, and recently, it's been enjoying a scale that's leading to accelerating revenue growth. It's also becoming more profitable. Metric Q4 24 Q1 25 Q2 25 Q3 25 Sales growth (YOY) 36% 39% 48% 63% Adjusted operating margin 45% 44% 46% 51% This is how it's able to carry an astronomical valuation of 416 times trailing-12-month earnings. Whether or not the stock continues to soar may largely depend on whether or not revenue continues to accelerate, or if it has finally reached a level of scale where growth begins to slow down. The most important thing to keep an eye on in the earnings report is whether revenue growth continues to accelerate or not.
The West Midlands police and crime commissioner has said politicians provided a “degree of fiction” regarding his power to sack a police chief over the ban on Maccabi Tel Aviv fans, adding it was not an “episode of The Apprentice”. The home secretary withdrew her confidence in chief constable Craig Guildford after an official inquiry found West Midlands police had “exaggerated” intelligence to jus...
The West Midlands police and crime commissioner has said politicians provided a “degree of fiction” regarding his power to sack a police chief over the ban on Maccabi Tel Aviv fans, adding it was not an “episode of The Apprentice”. The home secretary withdrew her confidence in chief constable Craig Guildford after an official inquiry found West Midlands police had “exaggerated” intelligence to justify a ban on fans attending the Europa League match against Aston Villa last year, leading to calls for the police and crime commissioner to sack him. Despite this, Guildford remained in post for a further two days until he announced his retirement. Simon Foster said he had started the process that would enable him to sack Guildford on 15 January, the day the preliminary report from Her Majesty’s Inspectorate of the Constabulary (HMIC) was released. At an accountability and governance board meeting chaired by Foster on Tuesday, he was was asked why he had not sacked the chief constable immediately. “There’s no legal power on the part of a police and crime commissioner to summarily sack a chief constable on the spot,” Foster said. “It’s not an episode of The Apprentice. You can’t just call the chief constable in and point at him across a desk and say: ‘You’re fired.’ There has to be a lawful process.” He added: “It’s a detailed process and it requires me to not only liaise with HMIC, but also the police and crime panel, with the chief constable. I do think that to the extent that has not been widely understood among the media, the public and politicians has provided a degree of fiction and unreality. I have to act in accord with the law.” Foster said that he instructed the police watchdog to investigate Guildford’s role in the ban on away fans days after the chief constable had announced his retirement. The Independent Office for Police Conduct (IOPC) is also independently investigating to determine if any officer or staff member may have a case to answer for misconduct. A ...
English clubs stroll through Champions League group phase but fatigue tends to take its toll by the spring Has there been a great game in the Champions League group stage this season? Probably not. And even if there was, it almost certainly didn’t mean all that much. But that’s the way of the modern game: an extremely protracted clearing of the throat before the real business begins. Uefa will pro...
English clubs stroll through Champions League group phase but fatigue tends to take its toll by the spring Has there been a great game in the Champions League group stage this season? Probably not. And even if there was, it almost certainly didn’t mean all that much. But that’s the way of the modern game: an extremely protracted clearing of the throat before the real business begins. Uefa will proudly tell the world that only six teams have nothing to play for in the final round of games on Wednesday, but whether it was worth 126 games to get to the mild peril of Napoli or Club Brugge possibly going out, or the questionable thrill of finding out whether Tottenham or Atalanta will have to endure the playoff round, is debatable. That the reward for finishing in the top eight is not to have to play two further games is itself telling, an admission that there is too much football and that having to play a couple of extra games is now regarded not as a revenue-raising exercise but as an imposition. Continue reading...
This article first appeared on GuruFocus. Meta Platforms (NASDAQ:META) shares nudged higher Tuesday, brushing off fresh criticism from Elon Musk, who claimed that WhatsApp is not secure and questioned Meta's long-standing privacy assurances. The comments stem from a newly filed class-action lawsuit in San Francisco that alleges Meta employees can bypass WhatsApp's end-to-end encryption through int...
This article first appeared on GuruFocus. Meta Platforms (NASDAQ:META) shares nudged higher Tuesday, brushing off fresh criticism from Elon Musk, who claimed that WhatsApp is not secure and questioned Meta's long-standing privacy assurances. The comments stem from a newly filed class-action lawsuit in San Francisco that alleges Meta employees can bypass WhatsApp's end-to-end encryption through internal access requests. Musk seized on the filing in a viral post on X, warning users away from WhatsApp and even throwing shade at Signal, an app he once endorsed. The attack hit at the heart of Meta's privacy messaging, particularly in markets like India and Brazil, where WhatsApp is deeply woven into everyday communication. Meta wasted little time responding. WhatsApp head Will Cathcart pushed back publicly, saying encryption keys live only on users' devices and that Meta has no way to read messages. A company spokesperson went further, calling the lawsuit baseless and accusing the law firm behind it of chasing headlines rather than facts.
Typical Investor on the way to his Income Factory EyeEm Mobile GmbH/iStock via Getty Images "Stayin' Alive" Means "Muddling Through" Uncertain Times Some of us remember the movie "Saturday Night Fever" where the title song "Stayin' Alive" captured the day-to-day challenges facing the lead character, Tony Manero, played so convincingly by John Travolta. I see "Stayin' Alive" as an appropriate goal ...
Typical Investor on the way to his Income Factory EyeEm Mobile GmbH/iStock via Getty Images "Stayin' Alive" Means "Muddling Through" Uncertain Times Some of us remember the movie "Saturday Night Fever" where the title song "Stayin' Alive" captured the day-to-day challenges facing the lead character, Tony Manero, played so convincingly by John Travolta. I see "Stayin' Alive" as an appropriate goal for my investing generally, but especially in 2026, given the unprecedented risks and unknowns we face in our economy, our country overall, and in our global geopolitical environment. Investors familiar with my Income Factory® philosophy and strategy know that I strive to achieve what has been the long-term average equity total return of 9-10% per annum by relying on high cash yields, so I'm not dependent on constant capital gains like typical "equity growth" strategies. By contrast, since the S&P 500 only pays an average dividend yield of 1.5%, an equity investor needs additional capital gains averaging 7% or 8% every year in order to meet that 9-10% total return target. Both strategies can get you to the same place several decades later, but many of us find an Income Factory strategy is easier to stick to through "thick and thin" when we're still collecting, reinvesting, and compounding an 8-9% (or more) "river of cash," even when the price of our portfolio may be dropping. Compare that to the additional stress on an equity investor during down years, where their capital is dropping in value and they're only collecting a 1.5% "trickle of cash." Cohen & Stearns Closed End Opportunity Fund ( FOF ), is a solid, steady-Eddie fund that has been cranking out a high cash distribution (plus or minus 8% yields) for almost 20 years while managing to maintain its net asset value and market price along the way. At the risk of giving away the rest of this article's storyline, I believe FOF is the kind of durable, "non-heroic" investment that should be able to thrive if markets do well...
Anson_iStock/iStock via Getty Images MercadoLibre ( MELI ) is a high-quality business with rock-solid competitive advantages (business moats) and outstanding financial performance. The management team is the best in Latin America, and the company has enormous room for growth over the years to come. Making things even more interesting, this unique business is trading at a deep valuation discount du...
Anson_iStock/iStock via Getty Images MercadoLibre ( MELI ) is a high-quality business with rock-solid competitive advantages (business moats) and outstanding financial performance. The management team is the best in Latin America, and the company has enormous room for growth over the years to come. Making things even more interesting, this unique business is trading at a deep valuation discount due to short-term margin pressures as the company is investing for further growth. When considering both the fundamental quality of the business and the timing/valuation, I consider MercadoLibre my top idea for 2026 and beyond. Top Quality Business MercadoLibre is the undisputed leader in e-commerce and fintech in Latin America. The company has a truly exceptional track record of growth, both in the long term and in recent quarters. Profit margins fluctuate with management's investment decisions, but the business is comfortably positive at all levels, including on a GAAP net income basis. MercadoLibre is not a "growth at all costs" company; the business has solid profitability and unit economics. Data by YCharts While almost all companies in e-commerce and fintech have experienced decelerations in growth after 2020, MercadoLibre continues to break records. According to management, MELI is the only listed company in the world, among more than 80,000 listed companies, that has delivered 27 consecutive quarters of year-over-year growth of more than 30%. MercadoLibre This exceptional growth is not sustained solely by first-mover advantage but also by multiple sources of competitive strength, or business moats. MercadoLibre owns a massive logistics network that reaches even the most remote corners of Latin America, with more than 80% of packages delivered in under 48 hours. In a region where other logistics providers can be notoriously expensive and unreliable, this provides a crucial differentiating factor for MercadoLibre. The network effect is another powerful source of busines...
fatido/iStock via Getty Images As a contrarian value investor, when looking for top investment ideas to overweight in my portfolio, I select companies that have strong fundamentals yet are also priced at significant discounts due to getting hit with a barrage of negative headlines about their futures. I then study these companies and their industries deeply in order to find opportunities where it ...
fatido/iStock via Getty Images As a contrarian value investor, when looking for top investment ideas to overweight in my portfolio, I select companies that have strong fundamentals yet are also priced at significant discounts due to getting hit with a barrage of negative headlines about their futures. I then study these companies and their industries deeply in order to find opportunities where it appears that the consensus outlook for the company and its industry is not consistent with what seems to be the most likely outcome for them. This enables me to buy high-quality companies at significant discounts to what will likely be their performance in the future and thereby achieve outsized total returns. Based on my research, this set-up describes Blue Owl Capital ( OWL ). While its stock price is currently in the penalty box due to significant negative press on two of its biggest business segments, namely private credit and AI infrastructure, OWL’s actual fundamentals and outlook in both of these segments remain quite strong, making its current near 6% dividend yield not only sustainable but likely to grow for years to come. Additionally, its price-to-earnings multiple is heavily discounted relative to its peers, which makes it a very attractive investment opportunity heading into 2026. In this article, I will detail why I'm so bullish on this out-of-favor stock. In this article, I will first take a look at OWL’s value proposition and business model. Next, I will address the two biggest bear concerns about the stock, namely its private credit and AI data center exposure. Third, I will take a closer look at its valuation and explain why I believe the stock is heavily mispriced. Fourth, I will look at the risks facing the stock that actually matter and what would make me change my mind on the bull thesis. And finally, I will conclude by summarizing why the stock is my top 2026 long idea and why I rate it a strong buy right now. Why Blue Owl’s Business Model Is Built To...
Thinkhubstudio/iStock via Getty Images The market is fixated on when Big Tech will generate economic value from the $400 billion-plus being poured into AI data center expansion annually. The market is missing the point. Monetization has never been Big Tech’s weakness, as explosive revenue growth and high margins have defined their businesses for decades. While execution risk always exists, these c...
Thinkhubstudio/iStock via Getty Images The market is fixated on when Big Tech will generate economic value from the $400 billion-plus being poured into AI data center expansion annually. The market is missing the point. Monetization has never been Big Tech’s weakness, as explosive revenue growth and high margins have defined their businesses for decades. While execution risk always exists, these companies remain the world’s most reliable operators at scale. Instead, the real risk to the AI economy lies in the physical constraints of scaling these AI ambitions — not in compute availability from companies like Nvidia ( NVDA ) or Broadcom ( AVGO ), and certainly not in Big Tech’s software capabilities, but in power, cooling, and infrastructure that were never designed for this magnitude of demand. Nvidia’s GPU roadmap is bringing about an immediate need to overhaul data centers, as most data centers today are incapable of powering the kilowatts required for rack-scale systems. Blackwell power requirements of 120 kW for the GB200s and 140 kW for the GB300s represent a 2X increase from the H200s 70kWs. As we look out over the next 1-2 years, it’s expected Nvidia will ship rack-scale systems requiring 300-600 kW – or a 5X increase from what was needed per system in the first half of 2025. Therefore, it's not enough to say the AI economy needs more power, but rather it needs power urgently. These are two entirely different matters; for example, the first could be supported by the expansion of nuclear power and the electrical grid, but the latter cannot. In fact, combining these two is something very few companies can do. This leads me to my Top Pick for 2026 – Bloom Energy. Bloom Energy offers onsite power generation through solid oxide fuel cells that are behind the meter to reduce dependency on the grid. By providing behind-the-meter generation, Bloom reduces reliance on utility infrastructure and accelerates time-to-power for customers. An added benefit is the United St...
EU, India Sign 'Mother Of All Deals' Free Trade Agreement In Rebuff To Trump: What's In It The newly signed India-European Union free trade agreement is being hailed as "the mother of all deals" - as it follows nearly two decades of intermittent negotiations, also after President Trump slapped India with 50% tariffs last year in part for continuing to buy Russian oil, and as Washington pressures E...
EU, India Sign 'Mother Of All Deals' Free Trade Agreement In Rebuff To Trump: What's In It The newly signed India-European Union free trade agreement is being hailed as "the mother of all deals" - as it follows nearly two decades of intermittent negotiations, also after President Trump slapped India with 50% tariffs last year in part for continuing to buy Russian oil, and as Washington pressures Europe and Denmark particularly over Greenland. The deal is expected to double EU goods exports to India by 2032 , by eliminating or at least sharply reducing tariffs on 96.6% of the value of EU exports. "This agreement will bring major opportunities for the people of India and Europe," Prime Minister Narendra Modi said Tuesday. And European Commission President President Ursula von der Leyen, who was in New Delhi on Monday as an honorary guest for India's Republic Day and its annual military parade, said that "Europe and India are making history today." via X/Von der Leyen She further wrote on X: " We have created a free-trade zone of two billion people , with both sides set to benefit. We will grow our strategic relationship to be even stronger." European Council President Antonio Costa was also present. Indeed in terms of geographic scope, the agreement spans a population of roughly 2 billion people (between India and the 27-member bloc) and creates a combined market valued at nearly $27 trillion, accounting for about 25% of global GDP, according to European sources. What's in it? Below are the main highlights : Will phase out tariffs on most EU exports of chemicals, machinery, and electrical equipment , along with aircraft and spacecraft , following staged reductions. Tariffs on motor vehicles , currently as high as 110% , will be slashed to 10% under a quota of 250,000 vehicles - a cap that is six times larger than the 37,000-unit quota India granted the UK under a deal signed last July. India will also lower tariffs on EU wine, beer, and olive oil . Brussels said the d...
fotofrog/E+ via Getty Images As the first month of 2026 comes to an end this week and earnings season accelerates, b elow is a list of the top 10 U.S. consumer staples stocks above $10B market cap ranked by their one-month price performance percentage. The list is topped by Bunge Global SA ( BG ), with an impressive one-month performance of 27.85% and a Hold Quant Rating of 3.03. Celsius Holdings ...
fotofrog/E+ via Getty Images As the first month of 2026 comes to an end this week and earnings season accelerates, b elow is a list of the top 10 U.S. consumer staples stocks above $10B market cap ranked by their one-month price performance percentage. The list is topped by Bunge Global SA ( BG ), with an impressive one-month performance of 27.85% and a Hold Quant Rating of 3.03. Celsius Holdings ( CELH ), Archer-Daniels-Midland Company ( ADM ), Constellation Brands ( STZ ), and The Clorox Company ( CLX ) round out the top five performers. Among the stocks on the list, Philip Morris International Inc. ( PM ) and Tyson Foods, Inc. ( TSN ) have earned Buy Quant Ratings of 3.80 and 3.88, respectively. Other well-known names include Costco Wholesale Corporation ( COST ) and Dollar General Corporation ( DG ), though most of the top performers carry a Hold Quant Rating. Here is the list: Bunge Global SA ( BG ), 27.85% Celsius Holdings ( CELH ), 19.63% Archer-Daniels-Midland ( ADM ), 16.34% Constellation Brands ( STZ ), 15.88% The Clorox Company ( CLX ), 14.55% Costco Wholesale ( COST ), 11.94% Altria Group ( MO ), 9.34% Philip Morris International ( PM ), 9.13% Dollar General ( DG ), 9.06% Tyson Foods ( TSN ), 8.83% Consumer Staples ETFs: ( XLP ), ( VDC ), ( IYK ), ( FSTA ), ( KXI ), and ( RSPS ) More on consumer staples stocks IYK: Consumer Staples Dashboard For January Bunge Global: Soybean Oversupply Pressures Profits, Viterra Effect Priced In Bunge: A New Era Of Agribusiness Dominance Oppenheimer sees strong start to earnings season as it favors growth sectors Coca-Cola and Procter & Gamble outperform on a bruising day overall for U.S. stocks
zimmytws Seeking Alpha's roundup of statements, announcements, and remarks that could impact markets, sectors, or individual stocks. The Centers for Medicare & Medicaid Services said it is proposing only a 0.09% net average payment increase for Medicare Advantage plans as part of its proposed policies for 2027. “These proposed payment policies are about making sure Medicare Advantage works better ...
zimmytws Seeking Alpha's roundup of statements, announcements, and remarks that could impact markets, sectors, or individual stocks. The Centers for Medicare & Medicaid Services said it is proposing only a 0.09% net average payment increase for Medicare Advantage plans as part of its proposed policies for 2027. “These proposed payment policies are about making sure Medicare Advantage works better for the people it serves,” said CMS Administrator Dr. Mehmet Oz in a statement . “By strengthening payment accuracy and modernizing risk adjustment, CMS is helping ensure beneficiaries continue to have affordable plan choices and reliable benefits, while protecting taxpayers from unnecessary spending that is not oriented towards addressing real health needs," Oz added. Wall Street analysts had been expecting an increase of 4% to 6%, according to CNBC. Leading providers of Medicare Advantage plans include CVS Health ( CVS ), UnitedHealth ( UNH ), Humana ( HUM ), Centene ( CNC ), Cigna ( CI ), Molina ( MOH ), and Elevance ( ELV ). United Parcel Service ( UPS ) said it plans to cut up to 30,000 jobs as it winds down its partnership with Amazon ( AMZN ). “In terms of variable costs, we expect to reduce operational positions by up to 30,000,” UPS CFO Brian Dykes said during an analyst call, according to CNBC . “This will be accomplished through attrition, and we expect to offer a second voluntary separation program for full-time drivers.” The European Union has begun operating a new communications satellite network aimed at providing an alternative to Starlink ( STRLK ) and other U.S. providers. The IRIS2 and GOVSATCOM networks went online for government and military use last week, with plans underway to also provide access to Ukraine, according to Bloomberg . “All member states can now have access to sovereign satellite communication. Military and government. Secure and encrypted. Built in Europe—operated in Europe, under European control,” Defense and Space Commissioner Andriu...
As gold holds above $5,000 an ounce amid geopolitical risk and a broader move away from sovereign bonds and currencies, FG Nexus CEO of Digital Assets Maja Vujinovic tells Bloomberg that investors are searching for places to protect capital. She says Bitcoin remains part of that mix, with ETF flows showing continued interest, but notes that in periods of heightened uncertainty, gold often comes fi...
As gold holds above $5,000 an ounce amid geopolitical risk and a broader move away from sovereign bonds and currencies, FG Nexus CEO of Digital Assets Maja Vujinovic tells Bloomberg that investors are searching for places to protect capital. She says Bitcoin remains part of that mix, with ETF flows showing continued interest, but notes that in periods of heightened uncertainty, gold often comes first. She joined the conversation on "Bloomberg Crypto" with Scarlet Fu and Tim Stenovec. (Source: Bloomberg)
Image source: The Motley Fool. Saturday, October 18, 2025 at 7 a.m. ET CALL PARTICIPANTS Managing Director & Chief Executive Officer — Sandeep Bakhshi Executive Director — Sandeep Batra Executive Director — Anindya Banerjee Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Profit Before Tax Ex-Treasury -- INR 161.64 billion, up 9.1% year-on-year and 3% sequentially. -- INR...
Image source: The Motley Fool. Saturday, October 18, 2025 at 7 a.m. ET CALL PARTICIPANTS Managing Director & Chief Executive Officer — Sandeep Bakhshi Executive Director — Sandeep Batra Executive Director — Anindya Banerjee Need a quote from a Motley Fool analyst? Email [email protected] TAKEAWAYS Profit Before Tax Ex-Treasury -- INR 161.64 billion, up 9.1% year-on-year and 3% sequentially. -- INR 161.64 billion, up 9.1% year-on-year and 3% sequentially. Net Interest Income (NII) -- INR 215.29 billion, up 7.4% year-on-year; sequentially down from INR 216.35 billion, which included INR 3.61 billion of interest on tax refund in the prior quarter. -- INR 215.29 billion, up 7.4% year-on-year; sequentially down from INR 216.35 billion, which included INR 3.61 billion of interest on tax refund in the prior quarter. Profit After Tax -- INR 123.59 billion, growing 5.2% year-on-year. -- INR 123.59 billion, growing 5.2% year-on-year. Consolidated Profit After Tax -- INR 133.57 billion, a 3.2% increase year-on-year. -- INR 133.57 billion, a 3.2% increase year-on-year. Core Operating Profit -- INR 170.78 billion, up 6.5% year-on-year. -- INR 170.78 billion, up 6.5% year-on-year. Loan Growth (Domestic Portfolio) -- 10.6% year-on-year, with sequential growth of 3.3% compared to 1.5% in the previous quarter. -- 10.6% year-on-year, with sequential growth of 3.3% compared to 1.5% in the previous quarter. Retail Loan Growth -- 6.6% year-on-year and 2.6% sequentially; retail portfolio including nonfund-based outstanding comprised 42.9% of total portfolio. -- 6.6% year-on-year and 2.6% sequentially; retail portfolio including nonfund-based outstanding comprised 42.9% of total portfolio. Business Banking Portfolio Growth -- 24.8% year-on-year and 6.5% sequentially. -- 24.8% year-on-year and 6.5% sequentially. Retail Loan Segment Metrics -- Mortgage portfolio up 9.9% year-on-year and 2.8% sequentially; auto loans up 1.4% year-on-year and flat sequentially; commercial vehicles and equipme...
Chelsea have not won the Premier League since Antonio Conte led them to the 2016-17 title - and facing the Italian's Napoli side on Wednesday brings that into sharp focus. Conte's triumph came in the season when Pep Guardiola began his reign as Manchester City boss. It was Conte's first campaign in England, too, and Chelsea enjoyed a club-record 13 consecutive league wins on their way to lifting t...
Chelsea have not won the Premier League since Antonio Conte led them to the 2016-17 title - and facing the Italian's Napoli side on Wednesday brings that into sharp focus. Conte's triumph came in the season when Pep Guardiola began his reign as Manchester City boss. It was Conte's first campaign in England, too, and Chelsea enjoyed a club-record 13 consecutive league wins on their way to lifting the championship with 93 points. Their fifth Premier League crown in 13 seasons matched Manchester United's achievement in that same period. Chelsea - or indeed United - haven't ruled the roost since, amid an extensive turnover of players and coaches. Nine years down the line, we reach a dramatic finale to the Champions League's opening phase. Liam Rosenior's Chelsea need a win against Conte's Napoli at the Stadio Diego Armando Maradona to go directly into the last-16 stage. Their hosts - Serie A champions last season - must win to stay in the competition. Like so many aspects of Chelsea's recent history, you'd struggle to write this script. Aside from Thomas Tuchel's Champions League triumph in 2021, the heights of Conte's short stint at the wheel have not been matched at Chelsea. Rosenior, 41, is the latest of seven head coaches, not including interim appointments, to have led Chelsea since Conte was sacked in July 2018. Speaking about Conte on Tuesday in Naples, Rosenior said: "I have huge respect for him. Firstly as a player, he was a magnificent footballer. He then went on to - and still has - an incredible career as a coach. "I think his passion as a player transmits to the passion in his teams and obviously when I was younger watching Chelsea play in the manner that they did, defensively so strong. "[Eden] Hazard was incredible in those moments, and he [Conte] has gone on to prove what an amazing manager he is and he's won many titles, including an incredible title here last year."
The software giant is vying for a bigger piece of the AI pie. There's no denying that Nvidia's (NVDA +1.58%) graphics processing units (GPUs) are tops when it comes to artificial intelligence (AI) processing. Unfortunately, being the king of the hill means there's always someone trying to take your crown. Microsoft (MSFT +2.18%) just announced the debut of a powerful new AI chip, the latest move i...
The software giant is vying for a bigger piece of the AI pie. There's no denying that Nvidia's (NVDA +1.58%) graphics processing units (GPUs) are tops when it comes to artificial intelligence (AI) processing. Unfortunately, being the king of the hill means there's always someone trying to take your crown. Microsoft (MSFT +2.18%) just announced the debut of a powerful new AI chip, the latest move in the company's bid to become a greater force in the AI landscape. A chip off the old block In a blog post released on Monday, Scott Guthrie, Microsoft's executive vice president of Cloud + AI, introduced Maia 200, the company's latest chip designed specifically for AI inference. He calls Maia "a breakthrough inference accelerator engineered to dramatically improve the economics of AI token generation." The Maia 200 has more high-bandwidth memory, offering three times the performance of Amazon's (AMZN +2.31%) third-generation Trainium chip and above that of Alphabet's (GOOGL +0.65%) (GOOG +0.66%) seventh-generation Ironwood Tensor Processing Unit (TPU). Guthrie called Maia "the most performant, first-party silicon from any hyperscaler." The processor provides both performance and bang for the buck, being "tailored for large-scale AI workloads while also delivering efficient performance per dollar." Maia also includes a reconfigured memory system designed to prevent bottlenecks when feeding data into the AI model. It's also Microsoft's most efficient inference chip "ever deployed, with 30% better performance per dollar" than similarly priced alternatives. Expand NASDAQ : MSFT Microsoft Today's Change ( 2.18 %) $ 10.27 Current Price $ 480.55 Key Data Points Market Cap $3.5T Day's Range $ 473.13 - $ 482.85 52wk Range $ 344.79 - $ 555.45 Volume 1.2M Avg Vol 25M Gross Margin 68.76 % Dividend Yield 0.72 % One of the most significant benefits for Microsoft is that the Maia 200 has been designed to provide peak efficiency when powering Copilot and Azure OpenAI. It is also being dep...
The term “hyperbole” doesn’t apply when describing AI’s impact on our daily lives, especially at work. Large language models are not only reshaping methods of recruiting and hiring, forcing job-seekers to change how they build resumes and search for positions, but also how workers approach retirement savings and planning. Here are three examples of AI’s effect: Retirement Plan Impact While Elon Mu...
The term “hyperbole” doesn’t apply when describing AI’s impact on our daily lives, especially at work. Large language models are not only reshaping methods of recruiting and hiring, forcing job-seekers to change how they build resumes and search for positions, but also how workers approach retirement savings and planning. Here are three examples of AI’s effect: Retirement Plan Impact While Elon Musk boldly proclaimed on a recent podcast that saving for your retirement in 10 to 20 years “won’t matter,” thanks to AI and what he deemed its promise of universal “whatever you want to have” income, most financial professionals disagree. Building a nest egg while you’re working and contributing income to employer-sponsored plans like 401(k)s remain crucial to long-term financial stability. The good news is that AI, which is being slowly integrated into workplace retirement systems, may simplify the process. According to responses in a 2025 MetLife retirement study, AI will enable retirement platforms to: Use predictive analytics to estimate participation levels in workplace plans. Automate more complex plan management tasks. Forecast future performance of workplace plans. Optimize their decisions on which benefits to offer. From an employee perspective, meanwhile, plan sponsors who took part in MetLife’s study are optimistic about AI’s workplace effect, with 52% of respondents believing it will help workers select investment options based on their specific goals, and nearly half saying AI can help workers develop customized retirement strategies and select retirement income options based on their needs. Of course, with AI in particular, there are risks, such as privacy and security lapses, consumer overreliance on algorithms to make decisions and biases baked into the data that can diminish its value. The Algorithm Embrace One of AI’s key benefits is that it satisfies our need for speed, providing immediate information-processing and answers to financial and retirement que...
Supermicro's pullback may be masking one of the most compelling AI infrastructure setups investors will see this year. Super Micro Computer (SMCI +1.09%) is facing slowing growth, but its expanding role in AI infrastructure and edge computing could flip the script. With new partnerships and analyst targets pointing higher, this stock may be closer to a breakout than the chart suggests. Stock price...
Supermicro's pullback may be masking one of the most compelling AI infrastructure setups investors will see this year. Super Micro Computer (SMCI +1.09%) is facing slowing growth, but its expanding role in AI infrastructure and edge computing could flip the script. With new partnerships and analyst targets pointing higher, this stock may be closer to a breakout than the chart suggests. Stock prices used were the market prices of Jan. 19, 2026. The video was published on Jan. 27, 2026.