Rakuten Investment Management Inc. bought a new position in Alphabet Inc. (NASDAQ:GOOG - Free Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 793,191 shares of the information services provider's stock, valued at approximately $193,578,000. Alphabet comprises 0.6% of Rakuten Investment Management Inc.'s holdings, making the sto...
Rakuten Investment Management Inc. bought a new position in Alphabet Inc. (NASDAQ:GOOG - Free Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 793,191 shares of the information services provider's stock, valued at approximately $193,578,000. Alphabet comprises 0.6% of Rakuten Investment Management Inc.'s holdings, making the stock its 14th largest holding. Get Alphabet alerts: Sign Up A number of other institutional investors and hedge funds also recently modified their holdings of GOOG. Brighton Jones LLC raised its position in Alphabet by 5.6% in the fourth quarter. Brighton Jones LLC now owns 120,253 shares of the information services provider's stock worth $22,901,000 after acquiring an additional 6,410 shares during the period. Sage Rhino Capital LLC increased its stake in shares of Alphabet by 9.4% during the 2nd quarter. Sage Rhino Capital LLC now owns 21,029 shares of the information services provider's stock worth $3,730,000 after purchasing an additional 1,808 shares during the last quarter. Chatham Capital Group Inc. raised its holdings in shares of Alphabet by 4.5% in the 2nd quarter. Chatham Capital Group Inc. now owns 56,882 shares of the information services provider's stock worth $10,090,000 after purchasing an additional 2,425 shares during the period. Consolidated Capital Management LLC lifted its stake in Alphabet by 9.1% in the second quarter. Consolidated Capital Management LLC now owns 2,404 shares of the information services provider's stock valued at $426,000 after purchasing an additional 201 shares during the last quarter. Finally, Hengehold Capital Management LLC grew its holdings in Alphabet by 8.0% during the second quarter. Hengehold Capital Management LLC now owns 9,171 shares of the information services provider's stock valued at $1,627,000 after purchasing an additional 683 shares during the period. 27.26% of the stock is owned by hedge funds and other institutiona...
Osborne Partners Capital Management LLC decreased its holdings in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 3.9% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 139,540 shares of the information services provider's stock after selling 5,681 shares during the period. Alphabet makes up approximately 1.7% of Osborne Partners Capital Manageme...
Osborne Partners Capital Management LLC decreased its holdings in shares of Alphabet Inc. (NASDAQ:GOOG - Free Report) by 3.9% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 139,540 shares of the information services provider's stock after selling 5,681 shares during the period. Alphabet makes up approximately 1.7% of Osborne Partners Capital Management LLC's investment portfolio, making the stock its 10th largest holding. Osborne Partners Capital Management LLC's holdings in Alphabet were worth $33,985,000 as of its most recent SEC filing. Get Alphabet alerts: Sign Up Other hedge funds have also recently modified their holdings of the company. Manning & Napier Advisors LLC acquired a new position in Alphabet during the 3rd quarter valued at approximately $32,000. IFS Advisors LLC grew its holdings in shares of Alphabet by 400.0% during the second quarter. IFS Advisors LLC now owns 150 shares of the information services provider's stock valued at $27,000 after buying an additional 120 shares during the last quarter. Robbins Farley grew its holdings in shares of Alphabet by 60.0% during the second quarter. Robbins Farley now owns 160 shares of the information services provider's stock valued at $28,000 after buying an additional 60 shares during the last quarter. Tripletail Wealth Management LLC acquired a new position in shares of Alphabet in the 3rd quarter valued at $40,000. Finally, WestEnd Advisors LLC raised its stake in Alphabet by 58.7% in the 2nd quarter. WestEnd Advisors LLC now owns 165 shares of the information services provider's stock worth $29,000 after acquiring an additional 61 shares during the last quarter. Institutional investors and hedge funds own 27.26% of the company's stock. Alphabet News Roundup Here are the key news stories impacting Alphabet this week: Insider Buying and Selling In other Alphabet news, CEO Sundar Pichai sold 32,500 shares of the stock in a transaction that occurred on Wednesda...
Recent comments by Singapore ’s Deputy Prime Minister Gan Kim Yong about an inclusive “we first” society potentially involving foreigners have drawn the ire of some locals, with experts noting that a cultural shift and greater cooperation are necessary to attain the goal. The “we first” society call was first raised by Prime Minister Lawrence Wong in his National Day Rally last year, when he stres...
Recent comments by Singapore ’s Deputy Prime Minister Gan Kim Yong about an inclusive “we first” society potentially involving foreigners have drawn the ire of some locals, with experts noting that a cultural shift and greater cooperation are necessary to attain the goal. The “we first” society call was first raised by Prime Minister Lawrence Wong in his National Day Rally last year, when he stressed that Singaporeans had to band together to write the next chapter of their story. On Monday, Gan was asked by a polytechnic student during a dialogue at the Institute of Policy Studies’ (IPS) 2026 Singapore Perspectives conference about how speeches evoking a “we first” society might be perceived as referring to Singaporeans while excluding foreigners, or the government being in favour of foreigners over citizens. Advertisement Gan responded that “we first” did not mean “we first, you later” but “we before I”. “The difference is it’s not about me and myself alone, but about us, together collectively… There are different ways of looking at it, but the key message really is, rather than focusing on ourselves, focus on the collective. And the ‘we’ could include foreigners,” said Gan, who is also the trade minister. He noted that Singaporeans had a responsibility to help foreigners, such as migrant domestic workers. “It’s not a divisive approach, more a collective and inclusive approach to look at ‘we first’, rather than ‘I first’.” Advertisement At the same conference, Acting Minister for Culture, Community and Youth David Neo also stressed that building a “we first” society in Singapore would be a challenge, not due to a lack of resources or laws, but because it required a shift in how people related to one another.
Lennox press release ( LII ): Q4 Non-GAAP EPS of $4.45 misses by $0.27 . Revenue of $1.2B (-11.1% Y/Y) misses by $60M . For full year 2026, revenue is anticipated to increase by approximately 6% to 7%, with growth from completed acquisitions contributing approximately 4%. Adjusted earnings per share is expected to be within the range of $23.50 to $25.00 vs $24.52 consensus Capital expenditures are...
Lennox press release ( LII ): Q4 Non-GAAP EPS of $4.45 misses by $0.27 . Revenue of $1.2B (-11.1% Y/Y) misses by $60M . For full year 2026, revenue is anticipated to increase by approximately 6% to 7%, with growth from completed acquisitions contributing approximately 4%. Adjusted earnings per share is expected to be within the range of $23.50 to $25.00 vs $24.52 consensus Capital expenditures are projected to be approximately $250 million, and Free Cash Flow is estimated to fall within the range of $750 million to $850 million. More on Lennox Lennox: Running Too Hot, As Markets Are Still Cooling Down Lennox International Inc. (LII) Presents at Goldman Sachs Industrials and Materials Conference 2025 - Slideshow Lennox International Inc. (LII) Presents at Goldman Sachs Industrials and Materials Conference 2025 Transcript Lennox Q4 2025 Earnings Preview Seeking Alpha’s Quant Rating on Lennox
(RTTNews) - CGI Inc. (GIB-A.TO) announced earnings for its first quarter that Increases, from the same period last year The company's bottom line totaled C$442.0 million, or C$2.03 per share. This compares with C$438.6 million, or C$1.92 per share, last year. Excluding items, CGI Inc. reported adjusted earnings of C$461.0 million or C$2.12 per share for the period. The company's revenue for the pe...
(RTTNews) - CGI Inc. (GIB-A.TO) announced earnings for its first quarter that Increases, from the same period last year The company's bottom line totaled C$442.0 million, or C$2.03 per share. This compares with C$438.6 million, or C$1.92 per share, last year. Excluding items, CGI Inc. reported adjusted earnings of C$461.0 million or C$2.12 per share for the period. The company's revenue for the period rose 7.7% to C$4.078 billion from C$3.785 billion last year. CGI Inc. earnings at a glance (GAAP) : -Earnings: C$442.0 Mln. vs. C$438.6 Mln. last year. -EPS: C$2.03 vs. C$1.92 last year. -Revenue: C$4.078 Bln vs. C$3.785 Bln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
By Mike Dolan Jan 28 - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets The dollar managed to get a toehold on Wednesday after a withering drop to a four-year low overnight. President Donald Trump appeared to embrace the move, saying the dollar was "great." This adds to growing market speculation that the administration wants a more significant dep...
By Mike Dolan Jan 28 - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets The dollar managed to get a toehold on Wednesday after a withering drop to a four-year low overnight. President Donald Trump appeared to embrace the move, saying the dollar was "great." This adds to growing market speculation that the administration wants a more significant depreciation of what it sees as an overvalued currency. Markets will immediately wonder if that tallies with the view of Treasury Secretary Scott Bessent. He has been tight-lipped since U.S. authorities on Friday joined Japan in a 'rate check' of the dollar/yen exchange rate that precipitated the latest downturn in the greenback, which has now snowballed across the globe. I’ll get into all that and more below. But first, check out my latest column on why a weaker dollar risks opening a Pandora’s box for global markets. And listen to the latest episode of the Morning Bid daily podcast. Subscribe to hear Reuters journalists discuss the biggest news in markets and finance seven days a week. MAKING A WEAK DOLLAR "GREAT" AGAIN The dollar’s slump on Tuesday came as selling intensified amid nonchalant comments from President Trump on the greenback's recent weakness. When asked about the sudden dollar relapse on Tuesday, Trump said it was “doing great” and should “just seek its own level.” The dollar seemed to take a breather first thing on Wednesday, as the Federal Reserve gets set to make its first policy decision of the year in the afternoon and Trump continues to tease the announcement of his new pick for Fed Chair. But the prospect of another significant down-leg in the greenback may add to the Fed’s wariness about imported inflation, as dollar weakness could exaggerate the already sizeable impact on that front from tariffs. It may also exaggerate the rebound in oil prices, and, of course, the surge in gold – which zoomed to new records above $5,300 per ounce today. The cal...
MSCI press release ( MSCI ): Q4 Non-GAAP EPS of $4.66 beats by $0.08 . Revenue of $822.53M (+10.6% Y/Y) misses by $1.17M . Organic operating revenue growth of 10.2% Recurring subscription revenues up 7.5%; Asset-based fees up 20.7% Operating margin of 56.4%; Adjusted EBITDA margin of 62.2%. New recurring subscription sales up by 11.7%; Organic recurring subscription Run Rate growth of 7.7%; Retent...
MSCI press release ( MSCI ): Q4 Non-GAAP EPS of $4.66 beats by $0.08 . Revenue of $822.53M (+10.6% Y/Y) misses by $1.17M . Organic operating revenue growth of 10.2% Recurring subscription revenues up 7.5%; Asset-based fees up 20.7% Operating margin of 56.4%; Adjusted EBITDA margin of 62.2%. New recurring subscription sales up by 11.7%; Organic recurring subscription Run Rate growth of 7.7%; Retention Rate of 93.4%. Guidance Item Guidance for Full-Year 2026 Operating Expense $1,490 to $1,530 million Adjusted EBITDA Expense $1,305 to $1,335 million Interest Expense (including amortization of financing fees) (1) $274 to $280 million Depreciation & Amortization Expense $185 to $195 million Effective Tax Rate (2) 18.0% to 20.0% Capital Expenditures $160 to $170 million Net Cash Provided by Operating Activities $1,640 to $1,690 million Free Cash Flow $1,470 to $1,530 million Click to enlarge More on MSCI MSCI Inc. (MSCI) Presents at UBS Global Technology and AI Conference 2025 Transcript Love ETFs? Thank You For Your Cash: MSCI MSCI Inc. (MSCI) Presents at Global Technology, Internet, Media & Telecommunications Conference 2025 Transcript NYSE to be U.S. options listings venue for MSCI indexes in early 2026 Strategy gets to remain in MSCI indexes, stock gains over 6%
Elon Musk has suggested timing a possible initial public offering of SpaceX to coincide with a planetary phenomenon and his birthday in June, the Financial Times reported. The owner of the rocket maker is considering timing the offering to coincide with when Jupiter and Venus appear very close together, the FT reported, citing five people familiar with the matter. That suggests a date in the middl...
Elon Musk has suggested timing a possible initial public offering of SpaceX to coincide with a planetary phenomenon and his birthday in June, the Financial Times reported. The owner of the rocket maker is considering timing the offering to coincide with when Jupiter and Venus appear very close together, the FT reported, citing five people familiar with the matter. That suggests a date in the middle of June, the same month the billionaire turns 55. The logic behind such a choice would be surreal for most companies, but Musk has a long-held record of leaning into symbolism, and jokes with even the most serious business decisions. To be clear, the timing of IPOs is typically driven by investor appetite, market conditions and company readiness. The owner of Telsa tweeted about taking Tesla private at $420 a share, widely interpreted as a reference to April 20, a day of celebration for cannabis smokers. Musk’s decision to rename Twitter to X is also seen as a nod to his early payments startup X.com, a name that was lost when it merged with PayPal. SpaceX is looking to raise as much as $50 billion in the offering at a valuation of about $1.5 trillion, the FT reported, which would make it the largest IPO in history. SpaceX did not respond to the FT’s request for comment. SpaceX didn’t immediately reply to Bloomberg’s request for comment.
Elon Musk has suggested timing a possible initial public offering of SpaceX to coincide with a planetary phenomenon and his birthday in June, the Financial Times reported. The owner of the rocket maker is considering timing the offering to coincide with when Jupiter and Venus appear very close together, the FT reported, citing five people familiar with the matter. That suggests a date in the middl...
Brinker press release ( EAT ): Q2 Non-GAAP EPS of $2.87 beats by $0.24 . Revenue of $1.45B (+7.4% Y/Y) beats by $40M . Comparable Restaurant Sales Q2:26 vs 25 Brinker 7.5 % Chili's 8.6 % Maggiano's (2.4) % Click to enlarge The following table provides select financial guidance for fiscal 2026: Updated Fiscal 2026 Guidance Previous Fiscal 2026 Guidance Total revenues $5.76 billion - $5.83 billion v...
Brinker press release ( EAT ): Q2 Non-GAAP EPS of $2.87 beats by $0.24 . Revenue of $1.45B (+7.4% Y/Y) beats by $40M . Comparable Restaurant Sales Q2:26 vs 25 Brinker 7.5 % Chili's 8.6 % Maggiano's (2.4) % Click to enlarge The following table provides select financial guidance for fiscal 2026: Updated Fiscal 2026 Guidance Previous Fiscal 2026 Guidance Total revenues $5.76 billion - $5.83 billion vs $5.75B consensus $5.60 billion - $5.70 billion Net income per diluted share, excluding special items,non-GAAP $10.45 - $10.85 vs $10.44 consensus $9.90 - $10.50 Capital expenditures $250.0 million - $260.0 million $270.0 million - $290.0 million Weighted average shares 44.7 million - 45.2 million 45.0 million - 46.0 million Click to enlarge More on Brinker Brinker International: Conflicting Growth Patterns Leave It As A Hold Brinker: Strong Performance Amid A Bottoming Restaurant Macro Steven Cress Reviews His Top 10 Stocks For 2025 Fewer headwinds, better appetite in restaurant sector — Morgan Stanley TD Cowen is bullish on Brinker International in its first ratings look
Morgan Stanley believes that Johnson and Johnson has stronger earnings potential driven by its robust product cycle. The bank upgraded the pharmaceutical stock to an overweight rating from equal weight and lifted its price target to $262 from $200, signaling a gain of 17% from current levels. Analyst Terence Flynn attributed the change to higher estimates from new products at the pharma giant. "Wh...
Morgan Stanley believes that Johnson and Johnson has stronger earnings potential driven by its robust product cycle. The bank upgraded the pharmaceutical stock to an overweight rating from equal weight and lifted its price target to $262 from $200, signaling a gain of 17% from current levels. Analyst Terence Flynn attributed the change to higher estimates from new products at the pharma giant. "While significant further multiple expansion seems unlikely, we'd note the stock is trading at a ~3x discount to the S & P, and we do see a path to EPS driven beats from one of the most robust new product cycle offerings in Biopharma, where in aggregate we are ~20% above consensus," he wrote. JNJ 1Y mountain JNJ 1Y chart Flynn noted that this view was reinforced by a recent Therapeutics Doctor Days conference. He raised his estimate for a handful of Johnson & Johnson medications, which resulted in higher annual revenues estimates overall. The analyst added that he's also keeping a close eye on several other drugs and trials currently in the company's pipeline. "We now project 2026-2030 CAGRs for revenue/EPS of ~5.5%/12% which compares favorably to Biopharma peers and places JNJ in the 'higher growth' cohort," he wrote. "Furthermore JNJ's [loss of exclusivity] profile is in the middle of the group, but the company's new product cycle offering nearly fills the hole (we project 2026/2031/2035 sales of $100bn/$125bn/$117bn)." Shares of Johnson & Johnson have surged 49% over the past 12 months. The stock ticked higher after the upgrade. Most analysts covering the stock are bullish, with 15 of 28 giving it a buy or strong buy rating, per LSEG.
As the U.S. bids adieu to the World Health Organization, California says hello toggle caption Krisztian Bocsi/Bloomberg/via Getty Images At 5 a.m. California time, when it is still dark outside, a member of the state's Department of Public Health gets on a weekly call. The topic? Health emergencies all over the world. For years, the U.S. federal government participated in these calls, which are or...
As the U.S. bids adieu to the World Health Organization, California says hello toggle caption Krisztian Bocsi/Bloomberg/via Getty Images At 5 a.m. California time, when it is still dark outside, a member of the state's Department of Public Health gets on a weekly call. The topic? Health emergencies all over the world. For years, the U.S. federal government participated in these calls, which are organized by the World Health Organization. Now — as the Trump Administration says it has withdrawn from WHO over its handling of COVID, among other things — California is stepping in. It is the first state to join WHO's Global Outbreak Alert & Response Network, also known as GOARN. Dr. Erica Pan, director of the California Department of Public Health, says she's been in touch with other states hoping to follow suit. Illinois , in a press release, said it's "making preparations" to join. Sponsor Message "The Trump administration's withdrawal from WHO is a reckless decision that will hurt all Californians and Americans," said California Governor Gavin Newsom in a statement. "California will not bear witness to the chaos this decision will bring." This move by states to take things into their own hands is part of a broader trend, according to Dr. Gavin Yamey , a professor of global health and public policy at Duke University. "I think this is a very smart and savvy play," says Yamey. "The federal government has reneged on its public health protection responsibilities, and you're seeing states taking steps so they still are part of the international response to outbreaks and emerging threats." Not quite a member but still a participant That doesn't mean California, for example, could become a full-fledged WHO member. Many forums and meetings hosted by WHO are limited to member states — meaning national governments. But some parts of WHO, like GOARN, are open to a broader array of groups, including non-profit and multinational organizations, academic centers and different levels ...
Boarding1Now Delta Air Lines ( DAL ) announced on Wednesday that it has placed a firm order to purchase 16 A330-900s and 15 A350-900s from Airbus ( EADSF ) ( EADSY ). The agreement includes an option to purchase up to an additional 20 widebody aircraft. Deliveries of the aircraft will begin in 2029. The A330-900 aircraft will be powered by the Trent 7000 engine, and the A350-900 aircraft will util...
Boarding1Now Delta Air Lines ( DAL ) announced on Wednesday that it has placed a firm order to purchase 16 A330-900s and 15 A350-900s from Airbus ( EADSF ) ( EADSY ). The agreement includes an option to purchase up to an additional 20 widebody aircraft. Deliveries of the aircraft will begin in 2029. The A330-900 aircraft will be powered by the Trent 7000 engine, and the A350-900 aircraft will utilize the Trent XWB-84 EP engine, both manufactured by Rolls-Royce. Notably, the aircraft order is within Delta's ( DAL ) previously announced capital expenditure and capacity targets. Delta has obtained long-term financing for a substantial portion of the purchase price of each aircraft. Delta's ( DAL ) widebody fleet will have grown to 55 A330neos and 79 A350s following the deliveries. "As we grow our international footprint and prepare our fleet to serve expanded long-haul markets, these aircraft will enhance our capabilities and elevate our premium offerings," stated Delta ( DAL ) CEO Ed Bastian. "We value our long-standing partnership with Airbus, and with these widebody aircraft we will see additional operational efficiencies and long-term cost benefits in the years to come," he added. Bastian said Delta's ( DAL ) renewed confidence in both the A330neo and the A350 is a testament to the enduring partnership and the excellence of the Airbus widebody family performance. More on Delta Air Lines From Turbulence To Takeoff: Why Delta Could Become A Solid Dividend Grower Delta Air Lines: This Overlooked Catalyst Supports My Buy Rating Delta Air Lines: $7 EPS Ceiling Winter storm forces most flight cancellations since pandemic Winter storm grounds flights across U.S. travel hubs
Reuters Jan. 28, 2026, 6:46 a.m. ET Jan 28 (Reuters) - Amazon said on Wednesday it was cutting 16,000 jobs worldwide in the second major round of layoffs at the company in three months, as it restructures after pandemic-era over-hiring and expands the adoption of artificial intelligence tools. Reuters first reported last week that Amazon was planning a second round of job cuts as part of a broader...
Reuters Jan. 28, 2026, 6:46 a.m. ET Jan 28 (Reuters) - Amazon said on Wednesday it was cutting 16,000 jobs worldwide in the second major round of layoffs at the company in three months, as it restructures after pandemic-era over-hiring and expands the adoption of artificial intelligence tools. Reuters first reported last week that Amazon was planning a second round of job cuts as part of a broader goal of trimming about 30,000 corporate roles, with the layoffs expected to affect workers in Amazon Web Services, retail, Prime Video and human resources departments. Amazon slashed 14,000 white-collar jobs in late October, with CEO Andy Jassy stressing the need for the company to eliminate excessive bureaucracy by trimming operational levels and reducing the number of managers. "Some of you might ask if this is the beginning of a new rhythm – where we announce broad reductions every few months. That's not our plan," said Beth Galetti, senior vice president of people experience and technology at Amazon. RISING AI ADOPTION The job cuts also underscore how artificial intelligence is changing corporate workforce dynamics. Significant improvements in AI assistants are helping enterprises execute duties from routine administrative tasks to complex coding problems with rapid speed and precision, driving widespread adoption. Jassy had said last summer that the increased use of AI tools would lead to more automation of duties, resulting in corporate job losses. Earlier this month, top executives at the World Economic Forum's annual meeting said while jobs would disappear, new ones would spring up, with two of them telling Reuters that AI would be used as an excuse by companies planning to cut jobs anyway. The 30,000 jobs would together represent a small portion of Amazon's 1.58 million employees, but nearly 10% of its corporate workforce. The majority of Amazon's workers are in fulfillment centers and warehouses. Tech giants, including Amazon, Facebook-parent Meta Platforms META....
Hong Kong police have arrested seven members of a fraud syndicate accused of swindling nearly 100 victims out of HK$10 million (US$1.3 million) by luring them into taking out loans under a bogus bankruptcy scheme and then charging hefty handling fees that left them even further out of pocket. The case first surfaced last year after four victims reported receiving cold calls offering help in securi...
Hong Kong police have arrested seven members of a fraud syndicate accused of swindling nearly 100 victims out of HK$10 million (US$1.3 million) by luring them into taking out loans under a bogus bankruptcy scheme and then charging hefty handling fees that left them even further out of pocket. The case first surfaced last year after four victims reported receiving cold calls offering help in securing low-interest loans. They were later invited to an office in Kwai Fong, which falsely claimed to be an accounting firm, where staff promoted a “personal mini-bankruptcy plan”, according to the regional anti-deception unit of New Territories South. Victims were told that by joining the scheme, they would not need to repay existing debts and would avoid normal bankruptcy restrictions, such as limits on buying property, vehicles or applying for new loans. Advertisement Once victims expressed interest, they were taken to a finance company in Tsim Sha Tsui and persuaded to borrow sums ranging from HK$38,000 to HK$170,000, at annual interest rates as high as 47 per cent. After receiving the loan funds, staff immediately took the money under the pretext of referral handling fees. Victims were then directed to a designated law firm to process the supposed bankruptcy plan, only to discover that they were actually applying for formal bankruptcy. Advertisement When the victims realised that the “mini-bankruptcy” scheme did not exist, the fraudsters could no longer be contacted.