Tesla and AMD among market cap stock movers on Friday By Investing.com Investing.com UK

A consequential debate that has been simmering behind closed doors at NASA Headquarters in Washington, DC, must soon come to a head. It concerns the selection of the next spacecraft the agency will fly to Mars, and it could set the tone for the next decade of exploration of the red planet. What everyone agrees on is that NASA needs a new spacecraft capable of relaying communications from Mars to Earth. This issue has become especially acute with the recent loss of NASA's MAVEN spacecraft. NASA's best communications relay remains the Mars Reconnaissance Orbiter, which has now been there for 20 years. Congress cared enough about this issue to add $700 million in funding for a "Mars Telecommunications Orbiter" in the supplemental funding for NASA provided by the "One Big Beautiful Bill" passed by the US Congress last year. Read full article Comments

当地时间1月30日，俄外交部发言人扎哈罗娃在当日举行的新闻发布会上表示，法国海军此前扣押的油轮与俄罗斯无关。扎哈罗娃说，根据公开渠道信息，该船的船东是一家在马绍尔群岛注册的公司，船员为印度公民。扎哈罗娃还说，如果悬挂俄罗斯国旗的船舶遭遇违反国际法的行为，俄方将采取一切可行的措施予以保护。（央视新闻）

Jikaboom/iStock via Getty Images There is no doubt, we are currently in the midst of an incredible bull run. The past 3 years have simply been amazing. 2023: +26.3% 2024: +25.0% 2025: 17.9% S&P 500 Total Returns (Charlie Bilello) It's times like these when investors love to flaunt the returns they've generated on their various positions, and there are plenty of large cap 'growth stocks' that have done quite well that most investors are exposed to, often through index funds. In fact, those who have performed best during prolonged bull markets are often those investing in the highest beta names. The issue with this is these are the investors who also typically perform the worst during bear markets. Why do I bring this up? Because it is incredibly important, we ground ourselves in the reality that investing must always be looked at through the lens of risk adjusted returns. And unfortunately, in the case of Pfizer ( PFE ), despite the fact they are trading well below their historic average valuation multiples and below their sector averages, they have a glaring issue that most seem to be overlooking. This is a flaw significant enough that it alone disqualifies Pfizer (and any other company struggling with this issue) from consideration as a potential investment for me. Pfizer Valuation Multiples (Seeking Alpha) That issue is Capital Allocation. As a result, Pfizer will be looking at a weakening balance sheet, no share buybacks (despite the company trading at a historically low valuation), limited growth opportunities, and even potentially risking their status as a consistent dividend grower. Pfizer currently yields close to 7%, placing it firmly in high-yield territory. Wall Street consensus and Seeking Alpha’s Quant Rating both remain broadly constructive, with the average analyst price target implying roughly 10% upside from current levels. Pfizer Analyst Price Target (TipRanks) At first glance, the setup looks compelling. We're talking about a blue chip pharmaceutic...

Royal Opera House, London The second revival of Richard Jones’s compelling production boasts an impressive cast, with Terfel’s supple and rich voice at its centre. Conductor Mark Wigglesworth keeps up the momentum A figure with the head of a doll plays with a multicoloured spinning top, high above the stage. Three men – hooded and armed – creep forwards and seize him, slashing his throat and dragging him off. It’s a brutal start to a brutal opera. This flashback is the brainchild of director Richard Jones (in his 2016 Royal Opera production , revived for the second time by Ben Mills, we see it replayed twice more as an episode that haunts the protagonist), but the overriding atmosphere is Mussorgsky’s. Based on Pushkin’s drama about a tsar’s reign, Boris Godunov is among the darkest of all operas. In the composer’s lean, mean original version, it is almost relentlessly so: dominated by low voices, its orchestration dense and heavy, the seven scenes push inexorably towards crisis. Continue reading...

serts/iStock via Getty Images Intro "A massive Armada is heading to Iran. It is moving quickly, with great power, enthusiasm, and purpose. It is a larger fleet, headed by the great Aircraft Carrier Abraham Lincoln, than that sent to Venezuela. Like with Venezuela, it is, ready, willing, and able to rapidly fulfill its mission, with speed and violence, if necessary," President Trump wrote in a social media post a couple of days ago. Geopolitics is yet again front and center, with another spike in oil prices. While the recent events in Venezuela that led to President Nicolás Maduro’s removal barely impacted oil prices, the current situation feels much different. Oil prices (CL1:COM, CO1:COM) have jumped about 11% in the past month, with most of that surge happening in just the last couple of days. It seems the market is beginning to factor in the risk of the current situation escalating, viewing it as more than just bold rhetoric. Oil Price 1 Month (Seeking Alpha) The question arises: what’s truly at stake here, and why is it fueling such price movements? What's at Stake if Strait of Hormuz Shipping Traffic is Disrupted There are basically two main points being discussed. First, Iran’s own export flows are at risk, and second, there’s the potential threat of disrupting all oil shipments through the Strait of Hormuz. The second risk is clearly much bigger than the first one, which I discuss below. Looking at a map of major oil shipping routes, it’s seen that the Strait of Hormuz is the world’s second most important chokepoint, surpassed only by the Strait of Malacca. The stake currently at risk is about 21 million barrels per day, or roughly 21% of the global crude trade. Oil Shipping Routes (EIA) It’s even more concerning when you consider that, while the Strait of Malacca isn’t easily bypassed, it still has quite viable alternative shipping options, whereas the Strait of Hormuz has almost none. According to the EIA, ..very few alternative options exist to move oil ou...

Tasos Katopodis/Getty Images Entertainment Trump Nominates Kevin Warsh Trump nominates Kevin Warsh as the new Fed Chair. He is known as a hawk , based on his prior experience as the Fed Governor, and he basically quit the Fed because he did not agree with the Quantitative Easing policy after the 2008 financial crisis. Based on his recent comments he is still a hawk, but he also proposes major changes in the way FOMC operates. Thus, there could be a significant impact on the financial markets. Major Changes at the FOMC Warsh had a speech in 2025 at the IMF where he revealed his current views: Remarks by Kevin Warsh, Commanding Heights: Central Banks at a Crossroads, IMF Lecture Hosted by G30, April 25, 2025. There are several important changes at the FOMC likely to happen, based on Warsh comments. The Fed Metrics, Including Preferred Inflation Measure Warsh wants the Fed to be "a straight-shooter," meaning the Fed is unlikely to cherry-pick different financial data to support its baseline expectations. Out of all measures of inflation, the core PCE is generally the lowest measure - and that's Fed's preferred measure of inflation. Warsh might consider other measures inflation - and that's hawkish . First, frequent changes to the Fed’s metrics-- including its professed preferred measures of inflation-- are beneath the high standing of the central bank. Central bank credibility is the coin that purchases American economic strength. In Washington, a central banker can ill-afford to be anything other than a straight-shooter. End of Data Dependence, More Proactive Fed The FOMC has been notoriously data dependent, which means prone to serious errors, like most recently in 2022 with inflation. Warsh is against data dependency, and proposes a proactive Fed. A more proactive Fed could be hawkish if the Fed is reacting to inflation but also dovish if the Fed is reacting to a weakening labor market. Currently we have both weakening labor market and elevated inflation, so it's un...

格隆汇1月30日｜美国白宫国家经济委员会主任哈塞特表示，考虑到财政赤字下降，市场利率应当相应下调。他同时批评美联储本周未选择降息是错误的决定，并指出通胀已接近目标水平。哈塞特强调，政府的职责在于为美联储创造更有利的政策环境，并对美国在低通胀条件下实现高经济增长抱有信心。此外，哈塞特也对被美联储主席提名人沃什表达了高度尊重，表示白宫有信心沃什提名会迅速获得确认。他本人虽未被提名为美联储主席，但对此并未感到失望。

Source: Bloomberg, 0:00

Welcome back to another edition of FOIA Files! One thing I love about the Freedom of Information Act is when an agency releases documents that reveal details about a program I never knew existed. Last summer, I filed a request with the General Services Administration Office of Inspector General for final reports from investigations closed in 2025. Earlier this month, GSA sent me about 100 pages of documents related to a wide range of matters it probed involving waste, fraud and abuse. A handful of pages buried in the cache stood out: the recovery of New Deal-era artwork that was misplaced or stolen. If you’re not already getting FOIA Files in your inbox, sign up here . This isn’t the first time I stumbled onto the federal government’s quest to recover historical treasures owned by the US. A couple years ago, I obtained inspector general reports from the National Archives and Records Administration and discovered the agency has an Archival Recovery team that hunts for stolen or missing artifacts. One report revealed how the team retrieved Apollo 7 astronaut Donn Eisele’s long-missing Omega Speedmaster watch that he wore in space. Another report laid bare how investigators tracked down a Civil War-era document that disappeared two decades ago. The documents from the GSA are a window into another fascinating program: the Works Progress Administration Art Recovery Project . In response to the Great Depression, President Franklin D. Roosevelt created a sweeping set of initiatives—the New Deal—to restore the economy and get millions of unemployed people back to work. Perhaps the most well known facet of them was the Works Progress Administration, an agency established in 1935. The WPA, as it was known, employed more than 8 million people who worked on constructing roads, parks, buildings and airports. The WPA also launched art projects that employed sculptors and painters whose artwork was displayed in schools, libraries, post offices and government buildings. From 1935 t...

J Studios/DigitalVision via Getty Images The Invesco CurrencyShares® Euro Currency Trust ETF has had a very good 12 months. A 15% gain in a major currency is unusual. Seeking Alpha This article looks at what is behind this strength and why January's capitulation in the US dollar ( DXY ) may be a good opportunity to take some profits. FXE Basics FXE is a simple ETF that holds only Euros. As it trades in the US and is priced in US dollars, it is a proxy for EURUSD. Here are the two compared (FXE is in yellow). Tradingview The correlation is almost 100%, but FXE has underperformed slightly due to its 0.4% expense fee. So why hold FXE rathewr than EURUSD. Its only real draw is the ETF structure which is more accessible and easier to understand than trading in spot forex for many investors. Drivers Diverging Monetary Policy The European Central Bank has cut eight times to its current rate of 2%. Reuters While this is lower than the current Fed Funds Rate of 3.75%, the ECB last cut rates in June '25 and the message has been quite clear that there could be an extended pause. Indeed, there is an expectation that the next move from the bank may be a hike around the end of 2026. The ECB has not pushed back against this and board member Isabel Schnabel said in December, I feel quite comfortable with these expectations... The eurozone economy is quite stagnant and inflation is around the ECB's 2% target, so rates could be cut further if needed, but the ECB has been quite clear that they don't see the need. That clarity is a long way from the uncertainty at the Fed. This week's FOMC meeting held rates steady after a series of 3 cuts, taking the total to 7 cuts in this cycle. That's slightly less than the ECB, and under a different backdrop, the dollar might find support from Chaor Powell's message that rates are "loosely neutral." In other words, they are neither restrictive or stimulative. However, the backdrop is currently very uncertain as Powell is due to leave in May and Pr...

Thapana Onphalai/iStock via Getty Images OK, I’ll admit it; I was a skeptic at first. After all, some of the early iterations of AI browsers basically took a Chromium-type engine, added a slightly modified UI and replaced the initial home page destination of a search bar with a chatbot prompt. Not exactly revolutionary. Over time, however, it’s becoming increasingly clear that AI browsers have the potential to do significantly more. In fact, I think they could be the trigger that finally starts to make on-device AI meaningful and impactful to a huge range of consumer and business device users. Beyond that, they could serve as a critical cog in driving distributed, hybrid AI architectures and applications. What I initially didn’t consider was that AI browsers are much more than just another application - they’re essentially becoming platforms upon which a whole range of other applications and services can be run. Admittedly, the idea of a browser as a platform isn’t new and the concept of websites or a collection of HTML pages that function essentially as standalone applications has been around for a long time as well. What’s different now, however, is that we’re starting to see the idea of more distributed applications - where certain elements can be run in one environment and other elements in another - coming to the fore. While this isn’t necessarily because of the rise of cloud-based AI-powered applications, there certainly seems to be a very strong correlation there. Initially, of course, much of this was due to the fact that the core LLMs driving AI applications like chatbots were only available in enormous, cloud-based datacenters. The terminal-like interface of chatbot prompts acted as a simple means to interact directly with those large models. With the development and proliferation of Model Context Protocol (MCP), however, it became possible to treat AI models less like monolithic endpoints and more like interoperable resources that can be accessed across d...

Dilok Klaisataporn/iStock via Getty Images By James Knightley , Chief International Economist, US Growth immune to the government shutdown We have revised our US 2026 GDP growth forecast higher to 2.7% from 2.3%, in part reflecting a stronger fourth quarter of 2025. The government shutdown was thought to mean growth would slow notably in the fourth quarter, but the private sector has performed well, and the October trade report was remarkable in that the deficit of $29bn was the smallest outcome since 2009, when the economy was depressed after the Global Financial Crisis. This sharp narrowing of the trade deficit likely reflects delayed shipments related to hopes that the initial 'Liberation Day' tariffs would be cut. Given that it can take many months for products to be delivered by sea, these decisions take time to show up in US data. The trade situation will eventually normalise, but we think a 4Q GDP expansion of close to 2.5% looks plausible even with a rundown in inventories, rather than a little over 1% as previously predicted. High-income households and tech continue to drive growth In terms of 2026, the K-shaped narrative surrounding the economy dominates in both the corporate and household sectors, and this should keep growth above trend in 1H 2026. The top 20% of households by income continue to spend strongly, boosted by high incomes and soaring wealth, while the bottom 60% are struggling as concerns about job security and the potential for tariff-induced price hikes sap sentiment. Some tax changes may help lower-income households at the margin, with higher tax refunds also expected this year, but the jury is still out on the potential timing and scale of the $2,000 “tariff dividend” payment mooted by the president. Regarding corporate spending, we’ve seen four consecutive quarters where business capex outside of tech has contracted, yet investment in computing and software is up 20% year-on-year. This bifurcation looks set to remain a theme through much...

Back in December I carried out some fresh benchmarks of the Intel Xeon 6980P vs. AMD EPYC 9755 for these competing 128 core server processors using the latest Linux software stack before closing out 2025. That was done with nearly 200 benchmarks and the AMD EPYC Turin Zen 5 processor delivered terrific performance as we have come to enjoy out of the 5th Gen EPYC line-up over the past year and several months. Since then I have ratcheted up the benchmarks with nearly 500 benchmarks between the AMD EPYC 9755 and Intel Xeon 6980P processors for an even more comprehensive look at these CPUs atop Linux 6.18 LTS. My extra time over the holidays was spent working on some new/updated benchmarks with updating to some newer versions of tests, making sure the benchmarks are running nicely in looking toward Ubuntu 26.04 LTS, and also increasing the intensity of some of the benchmarks in forward-looking with the next-generation Intel Clearwater Forest / Diamond Rapids and AMD EPYC Venice server processors out on the horizon. So following that, I ran a fresh showdown between these 128-core Xeon 6980P and EPYC 9755 dual socket server processors in what ended up being just under 500 benchmarks for a very well-rounded look at these current generation wares. Ubuntu 25.10 was running on the KIOXIA KCD8XPUG1T92 PCIe Gen 5 NVMe SSD with the Linux 6.18.1 LTS kernel and GCC 15.2 compiler. The Xeon 6980P 2P was loaded out with 24 x 64GB DDR5-8800 MRDIMMs while the EPYC 9755 2P enjoyed its load-out of DDR5. From there it was down to a benchmark battle in looking at the EPYC 9755 vs. Xeon 6980P performance across hundreds of benchmarks while also monitoring the combined dual socket power consumption too for factoring in the power efficiency. Due to the EPYC Turin CPUs being tested on a reference platform while Granite Rapids was running on the Gigabyte R284-A92-AAL1, due to those platform differences and both vendors not recommending total power consumption from reference servers, just the CP...

These exchange-traded funds will give you positions in the top stocks in the world. Exchange-traded funds (ETFs) can be ideal investments to buy and hold for not only years, but decades. That's because they can give you a position in many top companies through just a single investment, making it easy to diversify your portfolio. The challenge can be finding the right ETFs. There is no shortage of ETFs to choose from, and finding good ones can seem overwhelming. However, a couple of growth-focused funds that can be ideal for any long-term investor to consider are the Invesco QQQ Fund (QQQ 0.71%) and the Vanguard Growth Index Fund (VUG 0.51%). Here's why these funds can be no-brainer options to buy and hold. Invesco QQQ Fund This Invesco fund may be the ultimate option for growth investors. It tracks the Nasdaq-100 index, which is a collection of the top 100 non-financial stocks on the Nasdaq exchange. This means you'll always have a position in the leading companies on the exchange, which is known for growth. Its expense ratio of 0.18% isn't terribly high, especially given that the long-term gains the ETF generates are likely to be substantial. Over the past decade, the fund has increased more than 510% in value, which is far higher than the 270% gains you would have generated if you tracked the S&P 500. Expand NASDAQ : QQQ Invesco QQQ Trust Today's Change ( -0.71 %) $ -4.45 Current Price $ 624.98 Key Data Points Day's Range $ 624.20 - $ 628.22 52wk Range $ 402.39 - $ 637.01 Volume 961K By focusing on the top stocks on the Nasdaq, you don't have to worry about tracking the latest trends in the market. There will inevitably be a lot of volatility from this fund due to its heavy exposure to tech (it makes up 64% of the overall portfolio), but that can also lead to oversized, market-beating returns in the long run. This can be a volatile investment in the short term, but in the long run, the Invesco fund is a no-brainer buy for growth investors. Vanguard Growth Index Fu...

Olemedia/E+ via Getty Images Ioneer ( IONR ) -19.3% in early trading Friday after saying it secured firm commitments to raise ~$50M through a single-tranche placement to advance the development of its Rhyolite Ridge lithium and boron project in Nevada. The company said it will issue ~400M new fully paid ordinary shares at A$0.18/share (~US$0.13/share). Ioneer ( IONR ) said it plans to use the funds to advance its development plans, including advancing construction preparations and engaging with potential strategic partners for the Rhyolite Ridge project. More on Ioneer Ioneer Shareholder/Analyst Call - Slideshow Ioneer: Sodium-Ion Overhangs Lithium Market (Rating Downgrade) Seeking Alpha’s Quant Rating on Ioneer

WoodysPhotos/iStock Editorial via Getty Images Underpinned by record revenue and profits, and an outlook for FY26 that was better than Wall Street anticipated, Deckers Outdoor ( DECK ) continues to gain ground on Friday, jumping 13% at the open to reach a four-month high. With a portfolio of footwear that captures two diverse segments of the market – HOKA for runners and UGG for a fashion-focused demographic – Deckers’ ( DECK ) healthy fiscal third quarter results led the company to raise its full year outlook. While the results impressed investors, Wall Street analysts are split on the company’s future, with some raising doubts concerning UGGs’ enduring popularity and HOKA’s moat in the running segment. Despite the outsized gains in the stock on Friday, Piper Sandler’s Anna Adreeva held onto her Underweight rating to reflect UGGs healthy but mature growth, decelerating forward demand, and the use of promotions to clear out seasonal carryover. “We question what a mature portfolio of brands with record high EBIT margins should trade at,” Andreeva asks. “Solid Q3 beat (including the inflection of UGG DTC) is driving the stock up but bears likely remain focused on a lack of U.S. growth, core gross margin pressure, and growing competitive headwinds in the athletic space,” says Wells Fargo analyst Ike Boruchow. Boruchow worries that HOKA sales could slow as competitors encroach on the sneaker’s aesthetics and that UGG sales will suffer from a “notable slowdown in wholesale growth.” The bulls, however, are encouraged by HOKA’s distribution potential with only about half of the targeted sporting goods doors represented, and DTC growth in UGGs. “We think DECK is one of the highest-quality companies in our coverage, with an impressive multi-year track record of performance, two of the strongest brands in the industry, a strong management team, and a fortress balance sheet,” Needham’s Tom Nikic writes in his note to clients. Accordingly, Nikic hikes his FY 26 and FY27 EPS out...

Shares of cloud giant Microsoft MSFT slumped 10% at the bourses yesterday, despite the company comfortably surpassing analysts’ expectations for second-quarter fiscal 2026 earnings and revenues. The decline was most likely triggered by the company’s higher-than-expected capital expenditure in the fourth quarter and slowing cloud growth expectations. This pullback presents an opportune moment for investors who remain optimistic about Microsoft Cloud’s growth prospects, with this business having surpassed $50 billion in revenues for the first time in the fourth quarter. However, one must be mindful of the fact that the company is currently facing significant capacity constraints regarding its data centers and AI infrastructure, which might restrict the desired return from its enormous investments in AI and thereby affect its financials. Against this backdrop, investors seeking to benefit from MSFT’s growth in cloud computing and software, while avoiding the stock’s idiosyncratic risk, may consider investing in exchange-traded funds (ETFs) with heavy exposure to Microsoft. This would give the investors exposure to Microsoft's growth while spreading risk across other leading firms from technology and other industries. Now, before diving into the specifics of such ETFs, let us do a detailed analysis of how Microsoft performed in the fiscal second quarter in terms of other metrics. A Brief Analysis of MSFT’s Q2 Results Microsoft’s fiscal second-quarter adjusted earnings per share (EPS) beat the Zacks Consensus Estimate by 6.7%, while its revenues topped the consensus mark by 1.3%. On a year-over-year basis, the company delivered a solid performance, with both its top and bottom lines rising in double digits. Microsoft witnessed a solid year-over-year increase in revenues from all its products in the fourth quarter, except Xbox Content and Services. In particular, Azure and other cloud services revenues grew 39%, driven by demand for MSFT’s portfolio of services with conti...

核心要点 多个民主党执政州的议员与州长正计划推出一系列针对高收入群体的新税项；与此同时，众多共和党执政州仍在持续下调甚至取消 个人所得税 。 此次针对百万富翁与亿万富翁的定向加税举措，与以往的加税政策不同 —— 此前的加税是通过对更广泛人群提高累进边际税率来增加财政收入。 美国消费者新闻与商业频道（CNBC）为你梳理，哪些州对最高收入者征收的实际税率最高，哪些州正酝酿加税。 弗吉尼亚、华盛顿、罗得岛等州纷纷加入加利福尼亚州的行列，呼吁对最高收入者和亿万富翁加税，一波针对高收入群体的加税 “蓝潮” 正席卷美国各州议会。 眼下各州面临联邦财政援助可能缩减的局面，同时民粹主义抬头、经济贫富差距扩大，让民主党议员的立场愈发坚定，多个民主党执政州的议员和州长正着手制定多项针对高收入群体的新税目。而另一边，众多共和党执政州为提升自身竞争力，仍在不断下调甚至取消个人所得税。 城市研究所税收政策中心首席副研究员、州税专家露西・达达扬表示：“当前的鲜明趋势就是各州税收政策的分化。一方面，部分州在减税、退税和提升税收竞争力上持续加码；另一方面，一些州则选择对高收入者征收定向附加税，以此为快速增长的重点民生支出筹资，同时避免对广大民众加税。” 尽管左翼州议员几乎每年都会提议加税，但此次的加税推动行动声势更为浩大。通胀加剧了中低收入群体的经济压力，民众再次呼吁对高收入者加税，以弥补医疗和教育成本的上涨。自新冠疫情以来，各州财政支出持续攀升，财政增收的需求再次凸显。 多位民主党领导人还以马萨诸塞州对高收入者加税的实践为例，证明高收入群体并不会因此逃离。2022 年，马萨诸塞州选民通过了《公平份额修正案》，对年收入超 100 万美元的群体加征 4% 的附加税。该税项在实施后的第二个财年就带来了近 30 亿美元的年度财政收入，是最初预估的两倍多。多位民主党领导人表示，这一增收成果说明，“加税将导致高收入群体大规模撤离” 的预判并不客观。 与马萨诸塞州的修正案一致，此次各州拟推出的加税政策均仅针对最高收入群体。税收基金会高级研究员贾里德・瓦尔恰克表示，此次针对百万富翁和亿万富翁的定向加税，与以往的加税模式截然不同 —— 以往的加税政策，是通过对更广泛的纳税人群体提高累进边际税率来增加财政收入。 瓦尔恰克称：“如今的政策分歧更为尖锐。此前的逻辑是收入越高，累进缴税比例应越高；而现在的做法，是仅针对特...

We Are/DigitalVision via Getty Images Slow but steady In 2025, economic growth in the US slowed modestly but remained resilient. Despite the largest tariff shock in a century, fiscal contraction, stock market crash and QT, the US economy still managed to grow around 2-3%. A perfectly average year. Of course, the distribution of resilience among sectors and cohorts was not even. In particular, 2025 was relatively weak from a manufacturing and construction perspective. It was resilience in consumption and a lack of layoffs that helped keep the economy afloat. For much of the past few years, manufacturing PMIs have been weaker than services PMIs. This was true again in 2025. Having said that, Manufacturing PMIs have not been at recessionary levels when using a composite of the ISM and S&P data (a series that tends to have a higher correlation to actual hard data than either of the series on their own). Again, we have seen weakness in cyclical sectors, but not recession-level weakness. Overall, most economic data in 2025 to date has come in at average levels. This is a trend my Economic Stress Index captures well. Right in the middle of the park. Survey data on the other hand has been much weaker. This is particularly true of the University of Michigan Consumer Sentiment survey. However, the NFIB’s Small Business Optimism Index has been consistently more positive, suggesting the weakness in the consumer surveys is attributable to tariff headlines and political uncertainty in addition to the widening gap between the rich and poor in the US, or K-Shaped economy, rather than actual recessionary conditions. Regardless, none of these data series have a particularly high correlation to actual underlying economic growth. Looking now at key economic data at a more granular level, we can see further evidence that most of the headline hard data has been growing at average levels, with manufacturing data relatively weaker. As noted, employment and consumption have been much strong...

格隆汇1月30日｜美国白宫国家经济委员会主任哈塞特：财政部的政策是强美元政策。

格隆汇1月30日｜美国白宫国家经济委员会主任哈塞特：考虑到赤字下降，市场利率应下调。

格隆汇1月30日｜美国白宫国家经济委员会主任哈塞特：白宫有信心沃什提名会迅速获得确认。

格隆汇1月30日丨白宫顾问哈塞特表示，并不对“没有被美国总统特朗普提名为美联储主席”感到失望。哈塞特称，高度尊重（美联储主席提名人）凯文·沃什，将想方设法推动（国会参议院）确认对他提名资格的确认。白宫相信，沃什的提名资格应该迅速得到（立法机构的）确认。美联储1月份没有降息是一个错误。

In this article EPU EWZ EEM ACWI Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 23:06 23:06 ETF Edge: A fundamental shift in international investing as geopolitical concerns swing markets ETF Edge After spending most of the past decade being trounced by the U.S. stock market, international equities are back and investing experts say the opportunity should last. A brutal stretch of underperformance that lasted a decade ended in late 2024 and has sustained its momentum at the outset of 2026. After years of global allocations staying low for most U.S.-based investors because of the weak returns, the recent gains amid shifting macro conditions and growing concerns about U.S. market concentration are leading investors to take another look at the lack of international exposure in their portfolios. It is not merely chasing hot recent performance, according to Tim Seymour, Seymour Asset Management chief investment officer. "This is not people saying ... this is a time to trade global markets," he said on this week's CNBC's " ETF Edge ." Over the last ten years, global equities outside of the U.S. underperformed domestic markets by a wide margin, with Seymour noting that a major world equities benchmark ETF, the iShares MSCI ACWI ETF (ACWI) , underperformed by about 60%. That gap shaped investor behavior and capital flowed into U.S. equities, particularly mega-cap technology stocks. Seymour described it as a generational dynamic among investors in which market capitalization growth in the U.S. "choked off a lot of international investing." But he says now the structural underweight that many U.S. investors have to global markets is a tailwind. While international equities represent roughly 30-40% of global market capitalization, Seymour estimates that at the high-end of the range, U.S. investor exposure to overseas markets is 12-15%, and in many cases much lower. International equities began to outperform the U.S. in November 2024, and since that turn have b...

Republican Senator Thom Tillis reiterated his intention to block Kevin Warsh from becoming chairman of the Federal Reserve until a criminal investigation into renovations at the Fed is stopped, despite his belief that the nomination is a good one. In an interview with Bloomberg Television shortly after President Donald Trump announced he had chosen Warsh to replace current chair Jerome Powell , Tillis praised the pick, but said he wouldn’t allow it to move forward for now. “I am pleased with the nominee; I think that by most accounts he’s well regarded,” the North Carolina senator said. “But we still have to clear the current matter,” he said of the investigation into Powell’s testimony on renovations at the Federal Reserve building in Washington, calling it a “frivolous prosecution.” The retiring Tillis, who sits on the Senate Banking Committee, encouraged the administration to end the probe into the Fed and Powell, whose tenure ends in May, to ensure independence of the central bank. “We have some time between now and May for that investigation to go away and for the confirmation process to open up,” he said. Read More: Trump Administration Prepares for Warsh Fed Chair Nomination Powell, a regular target of vitriol from Trump who wants faster interest rate cuts, announced in a video this month that the Justice Department had served the Fed with grand jury subpoenas , stemming from a probe into the renovation project and Powell’s testimony to Congress about it.

当地时间1月30日，受印尼雅加达综合指数连续两日大幅下跌影响，印尼金融服务管理局高层集体辞职。据了解，该局监事会主席西雷加尔、资本市场与衍生品监管负责人贾贾迪，以及负责发行人与证券交易事务的副监事专员贾扬塔拉等相继辞任。管理局方面表示，此次辞职并非制度性失误，而是出于维护市场信心的责任担当。西雷加尔称，辞职是履行道义责任、推动股市重振的重要举措，相关程序将依据法规办理，确保监管职能不受影响。为防范市场进一步波动，管理局已启动临时治理机制，由现有委员代行相关职责，并重申将坚持透明与问责原则。（央视新闻）

peterspiro/iStock Editorial via Getty Images Clear Channel Outdoor ( CCO ) has attracted takeover speculation. It's not clear which company is circling Clear Channel Outdoor ( CCO ), according to traders, who cited a Betaville "rare" alert that was circulating on Friday. The speculation comes after Bloomberg reported in October that Mubadala Capital was exploring a purchase of the billboard company. The asset management arm of Abu Dhabi sovereign wealth fund Mubadala Investment Co. was working on a potential purchase of Clear Channel Outdoor ( CCO ). Shares of Clear Channel fell 4%. More on Clear Channel Outdoor Clear Channel Outdoor: A U.S. Pure Play Priced Like A Distressed Conglomerate Clear Channel Outdoor Holdings, Inc. (CCO) Presents at Bank of America Leveraged Finance Conference Transcript Clear Channel Outdoor Holdings, Inc. (CCO) Q3 2025 Earnings Call Transcript Clear Channel targets $1.7B shareholder value creation with 6–8% EBITDA growth through 2028 amid U.S. focus and digital expansion Clear Channel Outdoor reports Q3 results; initiates Q4 and updates FY25 outlook

Microsoft (MSFT) just reported strong quarterly financial results. However, MSFT stock experienced one of its sharpest single-day declines in years. Microsoft shares closed about 10% lower following the second-quarter earnings. A major reason impacting MSFT stock is investor concern over the company’s rapidly rising capital expenditures (CapEx). As demand for artificial intelligence (AI) capabilities within its cloud ecosystem surges, Microsoft is pouring massive investment into the infrastructure needed to support that growth. Spending on GPUs, CPUs, and data center expansion has accelerated faster than the market anticipated. This sharp increase in CapEx is making investors nervous, especially at a time when markets are already questioning whether the broader AI boom is becoming overheated. The fear is that companies may be spending aggressively today without clear visibility on how quickly those investments will translate into long-term returns. Another factor weighing on sentiment is Azure’s growth outlook. While Microsoft’s cloud platform continued to expand at an impressive pace, its growth came in slightly below market expectations in Q2. Management also acknowledged that capacity constraints remain an issue, suggesting that Microsoft may not yet have enough infrastructure in place to fully capture the demand currently in front of it. The numbers highlight the tension. Microsoft’s Q2 CapEx reached $37.5 billion, up from $34.9 billion in Q1 and nearly 66% higher than a year ago. Meanwhile, Azure and other cloud revenue grew 39% in the quarter, and management is forecasting 37% to 38% growth in Q3. Although Microsoft expects capital spending to ease sequentially next quarter, the overall scale of investment remains a concern. Still, these pressures appear more short-term than structural. Moreover, Microsoft’s underlying fundamentals remain strong, and the company continues to stand out as one of the top long-term players in both AI and cloud computing. Is Micro...

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