Apollo Global Management Inc. is looking to open a second US headquarters and is considering basing it in south Florida or Texas, the company said Sunday. Such a step would make Apollo the latest in a group of financial companies opening headquarters in the Sun Belt after the post-pandemic migration out of high-cost-of-living areas in the Northeast and on the West Coast. “We’ve shared with our tea...
Apollo Global Management Inc. is looking to open a second US headquarters and is considering basing it in south Florida or Texas, the company said Sunday. Such a step would make Apollo the latest in a group of financial companies opening headquarters in the Sun Belt after the post-pandemic migration out of high-cost-of-living areas in the Northeast and on the West Coast. “We’ve shared with our teams across Apollo and Athene that we plan to establish a second headquarters in either Texas or south Florida, alongside NYC,” an Apollo spokesperson wrote in a response to questions. “This decision is driven by the talent we want to hire and the firm we want to be. New York does not have a monopoly on talent, and we expect most of our future growth will take place in our second HQ.” The Financial Times, which earlier reported the plan, named Nashville as another option, citing people familiar with the matter. From the start of 2020 through the end of March 2023, more than 370 investment companies — about 2.5% of the US total, and managing $2.7 trillion in assets — moved their headquarters to a new state. These moves have also been driven by the many billionaires and corporations that have relocated to these states in recent years, buoyed by tax advantages and a booming finance and tech scene. Read More: New York, California Each Lost $1 Trillion as Assets Moved South Finance firms have been expanding in the north Texas region, drawn by access to talent, low taxes and a friendly regulatory environment, with companies including Fidelity Investments and Vanguard Group Inc. choosing the Lone Star State . Goldman Sachs Group Inc. is increasing a push for workers to move out of New York and London and into Salt Lake City or its new $500 million campus in Dallas. Brokerage Charles Schwab Corp. moved its headquarters in 2021 to the affluent Dallas suburb of Westlake from San Francisco. Wells Fargo & Co. is moving the headquarters for its wealth-management business to West Palm Beac...
On March 10, 2026, RingCentral (NYSE:RNG) Chief Accounting Officer Tarun Arora disclosed the sale of 8,840 shares of Common Stock in an open-market transaction, as detailed in the SEC Form 4 filing . Transaction and post-transaction values based on SEC Form 4 weighted average purchase price of $40.69 on March 10, 2026. * 1-year price change calculated as of March 10, 2026. Continue reading
On March 10, 2026, RingCentral (NYSE:RNG) Chief Accounting Officer Tarun Arora disclosed the sale of 8,840 shares of Common Stock in an open-market transaction, as detailed in the SEC Form 4 filing . Transaction and post-transaction values based on SEC Form 4 weighted average purchase price of $40.69 on March 10, 2026. * 1-year price change calculated as of March 10, 2026. Continue reading
mbbirdy/E+ via Getty Images As conflict involving Iran stretches into its fifth week, Wall Street strategists are steering investors toward options trades designed for a gradual market decline rather than a sudden crash, Bloomberg News reported Sunday. Banks including BBVA and JPMorgan Chase have highlighted lower-cost hedging strategies such as put spreads and structured volatility trades. These ...
mbbirdy/E+ via Getty Images As conflict involving Iran stretches into its fifth week, Wall Street strategists are steering investors toward options trades designed for a gradual market decline rather than a sudden crash, Bloomberg News reported Sunday. Banks including BBVA and JPMorgan Chase have highlighted lower-cost hedging strategies such as put spreads and structured volatility trades. These approaches reduce upfront costs but offer limited protection if markets move sharply. So far, equities have avoided a severe shock, but risks are building. Higher oil prices, potential inflation pressures and disruptions to global trade could weigh on growth and lead to a more prolonged downturn. Many investors are positioned for a slow decline, leaving them vulnerable if volatility spikes quickly. More aggressive hedges tied to sharp market swings have been less popular, partly because recent selloffs have reversed quickly, making them difficult to monetize. Still, there are signs of caution. With the S&P 500 ( SP500 ) down from its earlier highs and oil prices ( CL1:COM ) ( CO1:COM ) holding above $100 a barrel, some investors are adding protection against deeper losses, including longer-dated volatility trades. The broader concern is that sustained pressure, rather than a single shock, could gradually weaken economic conditions and force markets lower over time. More on S&P 500 Index, Dow Jones Industrial Average Index, etc. A Strong Jobs Report May Be Bad News For The Market April 2026 Monthly S&P 500 Snapshot: Index Inches Closer To Correction Territory BofA strategist sees weak stocks and bonds, strong dollar into Q2 Top Nasdaq movers this week as tech stocks continue to drag down the index
Shutthiphong Chandaeng/iStock via Getty Images Key Takeaways Markets: 2025 marked the third consecutive year of this AI-driven cycle. The market-cap-weighted S&P 500 Index rose 17.9% in the year, while the equal-weighted S&P 500 Index gained just 11.4%. The Magnificent Seven, this market's nucleus, rose 24.9% in 2025. While performance comparisons will vary based on the time period, cap-weighted a...
Shutthiphong Chandaeng/iStock via Getty Images Key Takeaways Markets: 2025 marked the third consecutive year of this AI-driven cycle. The market-cap-weighted S&P 500 Index rose 17.9% in the year, while the equal-weighted S&P 500 Index gained just 11.4%. The Magnificent Seven, this market's nucleus, rose 24.9% in 2025. While performance comparisons will vary based on the time period, cap-weighted and equal-weighted indexes have produced similar returns over long periods of time. Contributors: Stock selection in consumer staples and utilities, a health care overweight and IT underweight proved beneficial. Detractors: Stock selection in the communication services, IT, energy and real estate sectors detracted. Outlook: We anticipate the AI debate will carry over in 2026 and we will continue to participate in AI in a measured and disciplined way. Yet, as other investors continue to myopically focus on AI, we expect to find additional idiosyncratic opportunities in overlooked corners of the market. We believe these seeds will bear fruit in the years to come. Performance Review The S&P 500 managed a 2.7% gain in the fourth quarter, while the Strategy captured roughly two-thirds of that gross of fees. The Strategy underperformed the S&P 500 for the quarter in net of fees. On the plus side, consumer staples holdings such as Nestle, Coca-Cola ( KO ) and Unilever and a health care overweight shined as concerns of a tech bubble grew. On the downside, we are underweight Alphabet and Apple ( AAPL ), two Magnificent Seven stocks that performed well, and overweight Oracle ( ORCL ), which gave back some of its large gains from earlier in 2025. Increasing competitive dynamics in the wireless industry also weighed on T-Mobile. 2025 marked the third consecutive year of this AI-driven cycle. The market-cap-weighted S&P 500 Index rose 17.9% in the year, while the equal-weighted S&P 500 Index gained just 11.4%. The Magnificent Seven, this market's nucleus, rose 24.9% in 2025. Since ChatGP...
Some of Wall Street’s biggest bond-fund managers say financial markets are underestimating the risk that the US war in Iran will cause a sharp slowdown in an already sputtering economy. As oil pushes over $110 a barrel and the conflict shows little signs of ending, traders have largely focused on the inflation shock. That has sent the US Treasury market toward the deepest monthly loss since Octobe...
Some of Wall Street’s biggest bond-fund managers say financial markets are underestimating the risk that the US war in Iran will cause a sharp slowdown in an already sputtering economy. As oil pushes over $110 a barrel and the conflict shows little signs of ending, traders have largely focused on the inflation shock. That has sent the US Treasury market toward the deepest monthly loss since October 2024 as investors brace for the possibility that the Federal Reserve will push interest rates higher before the year is out. But at companies including Pacific Investment Management Co. , JPMorgan Chase & Co. and Columbia Threadneedle Investments money managers are preparing instead for an economic hit that will eventually trigger a bond-market rebound and cause yields to come sliding back down. “Every day that this conflict persists brings us closer to the market being forced to consider the more negative implications for growth, which should ultimately push Treasury yields lower,” said Kelsey Berro , a fixed-income portfolio manager at JPMorgan Asset Management. “Yields broadly have risen enough to be attractive.” Economists have started to dial back their growth forecasts and nudge up the odds of a recession as higher energy prices, rising borrowing costs and the stock-market slump start to squeeze businesses and consumers. Goldman Sachs Group Inc. said the probability of a downturn over the next 12 months has risen to about 30%, while Pimco sees a more than one-third chance. Such pessimism is typically positive for bonds because it increases the likelihood that the Fed will reduce rates to stimulate the economy. But that hasn’t been the case this time because traders expect the energy-price spike to tie the hands of a central bank that has already been contending with inflation that’s stubbornly above its target. The result has been a fierce selloff that’s sent bond yields surging. Rates on two- and five-year Treasuries have jumped by more than half a percentage point...
We're just a few weeks away from another round of Social Security benefit payments. If you've been receiving checks for years, this process is probably familiar to you. But if you've signed up recently, you may not know exactly when your benefits will arrive in your account. Fortunately, the Social Security Administration follows a specific schedule for payments. Once you've got that down, it'll b...
We're just a few weeks away from another round of Social Security benefit payments. If you've been receiving checks for years, this process is probably familiar to you. But if you've signed up recently, you may not know exactly when your benefits will arrive in your account. Fortunately, the Social Security Administration follows a specific schedule for payments. Once you've got that down, it'll be easy to predict when your future benefits will arrive. Image source: Getty Images. Continue reading
syahrir maulana/iStock via Getty Images For the fourth quarter, We continue to adhere to our process of looking for value companies with identifiable catalysts to change investor perception and accelerate earnings growth. Fund strategy Invests in underappreciated companies that show accelerating earnings growth Identifies potential catalysts to drive earnings forward, which may allow investors to ...
syahrir maulana/iStock via Getty Images For the fourth quarter, We continue to adhere to our process of looking for value companies with identifiable catalysts to change investor perception and accelerate earnings growth. Fund strategy Invests in underappreciated companies that show accelerating earnings growth Identifies potential catalysts to drive earnings forward, which may allow investors to exploit inefficiencies created by low market expectations Takes a consistent approach to build a concentrated, low-turnover portfolio in pursuit of strong risk-adjusted returns Fund performance Institutional class shares of the Columbia Select Small Cap Value Fund returned 0.35% for the quarter ending December 31, 2025. For monthly performance information please visit columbiathreadneedleus.com The fund underperformed its benchmark, the Russell 2000 Value Index, which returned 3.26% during the period. Underperformance was driven by security selection within health care, consumer discretionary, financials and materials. Stronger stock selection within information technology, real estate and utilities offset some of this underperformance. Market overview U.S. equity markets finished higher in the fourth quarter of 2025, with the S&P 500 Index gaining 2.66%. This ended another strong calendar year of equity market returns, as the S&P 500 Index ended the year up 17.88%, its third straight year of positive returns. Value outperformed growth during the fourth quarter, with the Russell 1000 Value Index climbing 3.81% versus the 1.12% return of the Russell 1000 Growth Index. This held true within small caps as well, with the Russell 2000 Value Index gaining 3.26% versus the 1.22% return of the Russell 2000 Growth Index. There were numerous drivers of positive sentiment in equities during the quarter. The artificial intelligence (AI) theme remained at the forefront, as persistent increases in capital expenditures from the hyperscalers fueled optimism around the broader AI trade, alt...
Health secretary still confident of success but critics say scrapping of NHS England has been ‘a total car crash’ NHS to miss targets for cutting A&E wait times and performance in England In the Great Hall at the University of East London last Wednesday, the perennially upbeat Wes Streeting was exuding even greater positivity than usual. After years of neglect under the Conservatives, he said, the...
Health secretary still confident of success but critics say scrapping of NHS England has been ‘a total car crash’ NHS to miss targets for cutting A&E wait times and performance in England In the Great Hall at the University of East London last Wednesday, the perennially upbeat Wes Streeting was exuding even greater positivity than usual. After years of neglect under the Conservatives, he said, the NHS was starting to revive thanks to Labour’s medicine. In a bravura performance in front of an audience of health service bosses, policy experts and student nurses in their blue and green uniforms, Streeting reeled off a long list of improvements in his 20-month tenure as health secretary. Continue reading...