Ariel Investments, an investment management company, released its “Ariel Focus Fund” fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. Ariel Focus Fund delivered mixed results in the fourth quarter of 2025, declining -0.50% and underperforming both the S&P 500 and Russell 1000 Value indices, which gained +2.66% and +3.81%, respectively, […]
Ariel Investments, an investment management company, released its “Ariel Focus Fund” fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. Ariel Focus Fund delivered mixed results in the fourth quarter of 2025, declining -0.50% and underperforming both the S&P 500 and Russell 1000 Value indices, which gained +2.66% and +3.81%, respectively, […]
XPeng stock: recent performance snapshot XPeng (NYSE:XPEV) has drawn attention after a recent pullback, with the share price closing at US$16.72 and posting negative returns over the past week, month and past 3 months. See our latest analysis for XPeng. The recent pullback extends a weaker run, with the 3 month share price return of 21.43% and year to date share price return of 18.16% aligning wit...
XPeng stock: recent performance snapshot XPeng (NYSE:XPEV) has drawn attention after a recent pullback, with the share price closing at US$16.72 and posting negative returns over the past week, month and past 3 months. See our latest analysis for XPeng. The recent pullback extends a weaker run, with the 3 month share price return of 21.43% and year to date share price return of 18.16% aligning with a 1 year total shareholder return of 19.30% and a much stronger 3 year total shareholder return...
T-Mobile US recently implemented new customer fees, including higher restocking charges and a US$35 Device Connection Charge for Apple purchases, while also announcing board changes, dividend plans, education and security partnerships, and continued community grant funding. These moves highlight T-Mobile’s effort to balance new revenue sources and ecosystem partnerships against the risk of higher ...
T-Mobile US recently implemented new customer fees, including higher restocking charges and a US$35 Device Connection Charge for Apple purchases, while also announcing board changes, dividend plans, education and security partnerships, and continued community grant funding. These moves highlight T-Mobile’s effort to balance new revenue sources and ecosystem partnerships against the risk of higher churn in a crowded wireless market. We’ll now assess how T-Mobile’s latest fee increases,...
Readers respond to an article about Labour’s attempt to clean up donations to political parties While I agree with much of Polly Toynbee’s opinion piece ( How will we know Labour is really cleaning up party funding? When Reform and the Tories fight like hell to stop it, 26 March ), I was left a little concerned about the tone, which seemingly presented this as uniquely a Tory/Reform UK matter. Dir...
Readers respond to an article about Labour’s attempt to clean up donations to political parties While I agree with much of Polly Toynbee’s opinion piece ( How will we know Labour is really cleaning up party funding? When Reform and the Tories fight like hell to stop it, 26 March ), I was left a little concerned about the tone, which seemingly presented this as uniquely a Tory/Reform UK matter. Dirty money (or just opaque funding) in British politics is not really such a sectarian issue. The proposals would appear to do nothing to prevent a party from accepting, for example, £4m from a hedge fund in the run-up to an election , and not declaring it until afterwards (Labour/Quadrature). Nor would they prevent a party engaging a thinktank that had itself accepted £200m from a rightwing American tech oligarch , bringing them into government, and installing staff in the heart of the policymaking process (Labour/Tony Blair Institute/Larry Ellison of Oracle). Continue reading...
Here are some of the stocks making headlines in midday trading. Snap — Shares of the social media platform surged 12%. Activist investor Irenic disclosed that it holds a roughly 2.5% stake in Snap and proposed a plan to help lift the share price, including shutting down Snap's augmented reality Specs business. Bloomberg first reported news of Irenic's stake and campaign. FactSet — The markets data...
Here are some of the stocks making headlines in midday trading. Snap — Shares of the social media platform surged 12%. Activist investor Irenic disclosed that it holds a roughly 2.5% stake in Snap and proposed a plan to help lift the share price, including shutting down Snap's augmented reality Specs business. Bloomberg first reported news of Irenic's stake and campaign. FactSet — The markets data company saw shares climb more than 4%. Adjusted earnings in the second quarter came in at $4.46 per share, topping the $4.38 per share consensus estimate. FactSet also lifted its full-year guidance, forecasting adjusted earnings of $17.25 to $17.75 per share. Symbotic — The robotics company jumped almost 5%. Symbotic entered a strategic agreement to provide warehouse automation capabilities at Associated Wholesale Grocers' Gulf Coast Division Support Center in Pearl River, Louisana, according to an announcement from both companies. Rocket Lab — The space company's stock rose about 4% after it received regulatory approval to buy Mynaric. Rocket Labs expects to complete the acquisition of the optical inter-satellite communication company in April. Constellation Energy — The energy company's stock fell more than 8% after it offered a disappointing 2026 earnings forecast during a closely watched investor call. Constellation also failed to unveil any new deals with tech companies, which had been highly anticipated. CEO Joe Dominguez said he expected new data center business will come, but he wasn't yet ready to make any new announcements. Constellation expects to earn between $11 and $12 per share this year. The consensus analyst estimate from FactSet was earnings of $11.73 per share in 2026. McCormick — Shares tumbled more than 5%. The maker of Old Bay seasoning will be purchasing Unilever's food business in a cash-and-equity deal valued at almost $45 billion. McCormick will pay $15.7 billion in cash. Unilever shareholders will own 55.1% of the combined entity, and Unilever wi...
The failure of the UK government to act now will have devastating human consequences, writes Steve Cutts Your editorial on Israel’s military escalation in Lebanon ( 25 March ) rightly warns against a repeat of the devastating tactics unleashed on Palestinians in Gaza. My colleagues in Lebanon are reporting the fear instilled by mass forced-displacement orders and military attacks, including on hea...
The failure of the UK government to act now will have devastating human consequences, writes Steve Cutts Your editorial on Israel’s military escalation in Lebanon ( 25 March ) rightly warns against a repeat of the devastating tactics unleashed on Palestinians in Gaza. My colleagues in Lebanon are reporting the fear instilled by mass forced-displacement orders and military attacks, including on healthcare workers . Our team and partner organisations have been supporting Palestinian refugees who have had to flee their homes, while others have not been able to evacuate even if they wish to. This has instilled deepening panic within communities, including Palestinian refugees who already live in overcrowded camps, and experience poverty and limited access to essential services. Continue reading...
Jim Cramer gave top insight on NVIDIA Corporation (NYSE:NVDA), sharing a game plan of what to buy, sell, and hold right now. A club member asked how the company’s multi-billion-dollar investments in other companies affect shareholders and whether owning the stock provides indirect exposure to those holdings. Cramer replied: Okay, this is a really important […]
Jim Cramer gave top insight on NVIDIA Corporation (NYSE:NVDA), sharing a game plan of what to buy, sell, and hold right now. A club member asked how the company’s multi-billion-dollar investments in other companies affect shareholders and whether owning the stock provides indirect exposure to those holdings. Cramer replied: Okay, this is a really important […]
It's only when markets are choppy that investors find out what their real risk tolerance is. It's easy to fill out a questionnaire and say you'd be able to withstand a correction or bear market, but it's another thing entirely to actually see 10%, 20%, or more of your portfolio wiped out -- often more quickly than you'd expect. If you're finding that you're less tolerant of risk than you expected ...
It's only when markets are choppy that investors find out what their real risk tolerance is. It's easy to fill out a questionnaire and say you'd be able to withstand a correction or bear market, but it's another thing entirely to actually see 10%, 20%, or more of your portfolio wiped out -- often more quickly than you'd expect. If you're finding that you're less tolerant of risk than you expected in the downturn over the past month, then the concept of an "all-weather portfolio" might appeal to you. One well-known investor has come up with a popular strategy for building such a portfolio, and exchange-traded fund investors now have access to it through the State Street Bridgewater All Weather ETF (NASDAQ: ALLW) . There have been two articles discussing this ETF in the past couple of days for the Voyager Portfolio , but in this third and final article in the series, you'll learn straight from Bridgewater founder and investing guru Ray Dalio exactly what underpins the strategy the ETF follows. Image source: Getty Images. Continue reading
aluxum/E+ via Getty Images The U.S. Treasury market appears to be shifting its focus from inflation concerns to recession risk as oil prices ( CL1:COM ) ( CO1:COM ) continue their historic climb. Seth Golden of Finom Group argued Tuesday that the bond market may be starting to see through the inflation shock and focus on what elevated oil prices could do to economic growth. In a social media post,...
aluxum/E+ via Getty Images The U.S. Treasury market appears to be shifting its focus from inflation concerns to recession risk as oil prices ( CL1:COM ) ( CO1:COM ) continue their historic climb. Seth Golden of Finom Group argued Tuesday that the bond market may be starting to see through the inflation shock and focus on what elevated oil prices could do to economic growth. In a social media post, Golden noted that crude oil was rising even as the long-end ( US10Y ) ( US30Y ) and belly of the yield curve ( US3Y ) ( US5Y ) ( US7Y ) moved lower for a second consecutive day, suggesting Treasuries may be pricing in “risk of contractionary conditions.” Crude prices are closing out March with the biggest monthly gain in years, as the Iran war and disruption around the Strait of Hormuz rattled global energy markets. Yet despite oil trading over $100 a barrel, Treasury yields retreated markedly this week as investors increasingly focused on recession risk rather than inflation. The 10-year yield pulled back to about 4.33% at the time of writing after briefly approaching 4.50% earlier in the month. T raders on Monday largely abandoned recent bets on a rate hike this year after Federal Reserve Chair Jerome Powell downplayed President Donald Trump's tariffs, calling them a one-time price increase. The divergence between rising oil and falling yields represents a meaningful shift. When these assets move in opposite directions, the bond market is fearing inflation and the damage it can inflict on the broader economy. More on the Markets S&P 500 Earning Estimates Are Surprisingly Rising And $100 WTIC Oil Is Not Expensive Is The War Really Reaching Its End? Assets Bounce Despite Oil Rally - Market Check Bonds Won't Save You From The Next Recession Treasury yields surge in March, posting the biggest monthly jump since 2024 Treasuries extend rally as Fed's Powell downplays tariff inflation impact
Gas prices are displayed at a Mobil gas station on March 30, 2026 in Pasadena, California. Mario Tama | Getty Images Gasoline prices over $4 a gallon, part of an ongoing supply shock in the energy markets, might seem like a cue for the Federal Reserve to raise interest rates to head off inflation. At least for now, that looks like a bad bet. Investors instead expect the central bank to hold benchm...
Gas prices are displayed at a Mobil gas station on March 30, 2026 in Pasadena, California. Mario Tama | Getty Images Gasoline prices over $4 a gallon, part of an ongoing supply shock in the energy markets, might seem like a cue for the Federal Reserve to raise interest rates to head off inflation. At least for now, that looks like a bad bet. Investors instead expect the central bank to hold benchmark rates steady, or even pivot back toward cuts later in the year as policymakers weigh the risk that higher energy prices will slow growth more than they fuel lasting inflation. In market-moving remarks Monday, Fed Chair Jerome Powell signaled that raising rates now could be the wrong medicine for an economy already facing a softening labor backdrop and elevated recession concerns on Wall Street. Asked whether he thought policymakers should consider rate increases here, Powell responded: "By the time the effects of a tightening in monetary policy take effect, the oil price shock is probably long gone, and you're weighing on the economy at a time when it's not appropriate. So the tendency is to look through any kind of a supply shock." The comments come at a critical juncture for markets, which have struggled to get a handle on the Fed's intentions amid a bevy of conflicting and perpetually shifting economic signals. Just a few days ago, traders began to entertain the possibility that the Fed's next move could be hike . That mindset followed some unsettling inflation news: Import prices rose much more than expected in February, even ahead of the war-related oil spike, while the OECD raised its U.S. inflation forecast dramatically, to 4.2% for 2026. watch now VIDEO 3:34 03:34 How the Iran war, tariffs and inflation are impacting the Fed Economy However, Powell's comments — complete with the usual Fed qualifiers that there potential cases for both hikes or cuts — helped bring the market back off the hawkish position. Prior to the war, markets had been looking for two and pos...
Meta Platforms, Inc. (NASDAQ:META) was among the stocks Jim Cramer highlighted, along with his latest game plan as the oil-shock-driven sell-off continues. Cramer highlighted the company’s legal battles, as he remarked: I did it again with Meta. I made a real study of what happens to companies and their stocks when they lose court cases, […]
Meta Platforms, Inc. (NASDAQ:META) was among the stocks Jim Cramer highlighted, along with his latest game plan as the oil-shock-driven sell-off continues. Cramer highlighted the company’s legal battles, as he remarked: I did it again with Meta. I made a real study of what happens to companies and their stocks when they lose court cases, […]
Bruce Van Saun, Citizens Financial Group Chairman and CEO discusses challenges facing regional banks as credit growth is tested, and how lenders are applying AI and cloud-based tools to improve speed and reduce friction. He speaks with Dani Burger and Matt Miller on "Open Interest," saying private credit industry growth will slow. (Source: Bloomberg)
Bruce Van Saun, Citizens Financial Group Chairman and CEO discusses challenges facing regional banks as credit growth is tested, and how lenders are applying AI and cloud-based tools to improve speed and reduce friction. He speaks with Dani Burger and Matt Miller on "Open Interest," saying private credit industry growth will slow. (Source: Bloomberg)
Alessandra Sawick/iStock via Getty Images Foreword While most of this collection of Dow Industrials is too pricey and reveals only skinny dividends, April (again) finds only Verizon ( VZ ), living up to the dogcatcher ideal of annual dividends from $1K invested exceeding single share price and it is also ‘safer’ because it has more-than-enough free-cash-flow to support its dividends. In late Febru...
Alessandra Sawick/iStock via Getty Images Foreword While most of this collection of Dow Industrials is too pricey and reveals only skinny dividends, April (again) finds only Verizon ( VZ ), living up to the dogcatcher ideal of annual dividends from $1K invested exceeding single share price and it is also ‘safer’ because it has more-than-enough free-cash-flow to support its dividends. In late February, 2024 Dow Jones replaced the low priced high yield dividend payer Walgreens, with Amazon, a high-priced non-dividend payer. More recently, in November, 2024, Intel was replaced by Nvidia and Dow Inc was supplanted by Sherwin Williams. With renewed downside market pressure up to 83.3% all ten of the top ‘safer’ April Dow dividend dogs could become elite fair-priced buys with annual yield (from $1K invested) meeting or exceeding their single share prices. [See a summary of top ten fair-priced Dow Dogs in A ctionable Conclusion 21 near the mid-point of this article.] Actionable Conclusions (1-10): Brokers Expect 34.45% To 65.35% Net Gains From Top-Ten Dow Dogs By April 2027 Three of ten top dividend-yielding Dow dogs (tinted gray in the chart below) were among the top ten price gainers for the coming year based on analyst 1-year target prices. So, this April, 2027 yield-based forecast for Dow dogs, as graded by Wall St. wizard estimates, was 30% accurate. Dividend-returns estimated from $1,000.00 invested in each of the ten highest-yielding Dow stocks and one-year analyst median target prices, as reported by YCharts, produced the 2026-27 data pointsmbelow. (Note: one-year target-prices estimated by lone analysts were not applied.) Ten likely profit-generating trades for April 2027 were: Source: YCharts.com Microsoft ( MSFT ) was projected to net $653.65, based on the median of target price estimates from 57 analysts, plus the estimated annual dividend, less broker fees. The Beta number showed this estimate subject to risk/volatility 10% greater than the market as a whole. ...
Viswanadhan Krishnan, Chief Corporate Development and Strategy Officer at Agios Pharmaceuticals (NASDAQ:AGIO) , reported the open-market sale of 2,959 shares of common stock for a total of roughly $82,000 on March 5, 2026, according to an SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average sale price ($27.80); post-transaction value based on March 31, 2026 market close ($29....
Viswanadhan Krishnan, Chief Corporate Development and Strategy Officer at Agios Pharmaceuticals (NASDAQ:AGIO) , reported the open-market sale of 2,959 shares of common stock for a total of roughly $82,000 on March 5, 2026, according to an SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average sale price ($27.80); post-transaction value based on March 31, 2026 market close ($29.61). * 1-year performance calculated as of March 31, 2026. Continue reading
A Nike logo is displayed at a Nike store on Feb. 5, 2026 in Austin, Texas. Brandon Bell | Getty Images Nike is expected to report a steep decline in quarterly profit and flat sales on Tuesday as the sneaker giant continues to work through a colossal turnaround under CEO Elliott Hill. About a year and a half into his tenure, Hill has made strides in repairing parts of the business, but has been cle...
A Nike logo is displayed at a Nike store on Feb. 5, 2026 in Austin, Texas. Brandon Bell | Getty Images Nike is expected to report a steep decline in quarterly profit and flat sales on Tuesday as the sneaker giant continues to work through a colossal turnaround under CEO Elliott Hill. About a year and a half into his tenure, Hill has made strides in repairing parts of the business, but has been clear that it'll take time for the entire company to improve given the retailer's scale and complexity. When reporting fiscal second quarter results in December , Nike said sales rose 9% in North America, its largest market. But the good news was overshadowed by a steep decline in China, where revenue fell 17%. watch now VIDEO 2:35 02:35 What to know about Nike's road ahead in China Closing Bell: Overtime Throughout the turnaround, the company has warned that progress would not be linear and some parts of the business would improve faster than others, making it difficult for investors to gauge how long recovery will take. Nike's turnaround attempt was already coming at a tough time as a global trade war dented its efforts to improve profitability and drive sales from inflation-weary shoppers. But now the athletic company will have to contend with a new war in the Middle East that's already led to rising gas prices and is expected to push consumer prices even higher , which could push shoppers to cut back on nice-to-haves like new clothes and shoes to save money elsewhere. On the bright side, Nike will benefit from a range of major sporting events, including the Winter Olympics recently held in the Milan area and the World Cup, happening in North America this summer. Given its position in the sports world, Nike is expected to benefit from the events, but perhaps not as much as peers Adidas and Puma, Third Bridge analyst Patrick Ricciardi said in an emailed note. Nike is expected to provide its financial guidance during a conference call with analysts at 5 p.m. ET, where investo...
KNDS NV , the maker of Germany’s Leopard 2 tanks, is gauging investor interest for an initial public offering that may raise as much as €5 billion ($5.8 billion), according to people familiar with the matter, in what could be Europe’s largest first-time share sale in years. The Netherlands-based group is kicking off preliminary meetings with prospective investors as it gears up for a potential sto...
KNDS NV , the maker of Germany’s Leopard 2 tanks, is gauging investor interest for an initial public offering that may raise as much as €5 billion ($5.8 billion), according to people familiar with the matter, in what could be Europe’s largest first-time share sale in years. The Netherlands-based group is kicking off preliminary meetings with prospective investors as it gears up for a potential stock market debut this summer, the people said, who asked not to be identified because the discussions are private. It’s pressing on with the plans despite the war in Iran roiling markets and a slowdown in the rally of listed defense peers. The company could seek a valuation of around €25 billion in a listing depending on investor demand, people familiar with the matter told Bloomberg in January . The offering is expected to include only existing shares held by the French state and KNDS’s family shareholders, the people said. While the size of the sale could change, KNDS’s plan to potentially pay a large cash dividend to its owners isn’t expected to impact the decision, they added. The investor outreach comes as the German government signaled last week it would buy a significant stake in the company through the IPO. To assist with the transaction, KNDS has hired more banks including BNP Paribas SA , Citigroup Inc. , and Credit Agricole SA , the people said. UBS Group AG and UniCredit SpA have also been picked, while Commerzbank AG will team up with Natixis on the deal, they said. For the latest news on equity capital markets activity in Europe, the Middle East and Africa, follow the channel or visit NI BFWECMEU . To subscribe to ECM Watch , Bloomberg’s daily roundup of news from around the region, click here . No final decisions have been made, and the details of the offering are subject to change, the people said. Representatives for KNDS, BNP Paribas, Citigroup, Commerzbank, Credit Agricole, UBS and Unicredit declined to comment. A representative for Natixis did not immedia...