SrdjanPav/E+ via Getty Images Lyft ( LYFT ) is developing Lyft Teen, a new ridesharing service designed to offer enhanced safety for teenage riders and greater oversight for parents by pairing teens with highly rated drivers. The service mirrors a similar offering from Uber ( UBER ), allowing parents to create and manage accounts for children ages 13 to 17, who can request rides or meal deliveries...
SrdjanPav/E+ via Getty Images Lyft ( LYFT ) is developing Lyft Teen, a new ridesharing service designed to offer enhanced safety for teenage riders and greater oversight for parents by pairing teens with highly rated drivers. The service mirrors a similar offering from Uber ( UBER ), allowing parents to create and manage accounts for children ages 13 to 17, who can request rides or meal deliveries on demand. Parents receive real-time trip and delivery tracking, while teens are matched exclusively with top-rated drivers. With Lyft Teen, the company is reversing its prior policy that barred unaccompanied riders ages 13 to 17 from requesting rides. To address parental safety concerns and expand its total addressable market (TAM), Lyft will introduce additional safeguards, including PIN authentication, automatic audio recording, and parent-to-driver communication tools. According to a post from Lyft CEO David Risher on X, Lyft Teen is expected to launch in early 2026 across hundreds of U.S. cities. More on Lyft Lyft: With Enormous FCF Growth, The Rally Is Just Getting Started Lyft, Inc. (LYFT) Presents at 53rd Annual Nasdaq Investor Conference Transcript Lyft: An Overlooked Beneficiary Of The AV Revolution Vonage and Lyft’s Freenow launch silent authentication API in U.S. Israel moves to open market to Uber and Lyft in bid to cut ride costs
Tashi-Delek/E+ via Getty Images Introduction & Financials EPR Properties ( EPR ) has recovered in recent years, but I believe this diversified experiential net lease REIT still has plenty of upside potential while they are investing very significant amounts, maintaining a solid balance sheet, and delivering impressive growth rates, supported by fundamentals and potential macro tailwinds that can h...
Tashi-Delek/E+ via Getty Images Introduction & Financials EPR Properties ( EPR ) has recovered in recent years, but I believe this diversified experiential net lease REIT still has plenty of upside potential while they are investing very significant amounts, maintaining a solid balance sheet, and delivering impressive growth rates, supported by fundamentals and potential macro tailwinds that can help them and their tenants. EPR Properties IR Right now, EPR is actively advancing their portfolio rebalancing, targeting $400 million to $500 million in investments by 2026, with ~$133.8 million worth of assets being divested as of Q3 and increasing their disposition proceeds guidance to $150 million to $160 million recently. As we can see, theaters still represent about 37% of their adjusted EBITDA, while the company is focusing on reducing their theaters and education portfolio and developing the other types. EPR Properties IR Despite the recent weakness in the environment, EPR continued to report a very solid occupancy rate of about 99% (excluding assets held for sale), with general annual rent escalators of 1.5% to 2% per year, or 7.5% to 10% every 5 years, and a very solid 11-year weighted average lease term. EPR Properties IR Meanwhile, EPR is still delivering strong AFFO growth, with an 8.8% increase in Q3 and 7.1% growth over the first 9 months of 2025, while the AFFO per share still increased by 7.8% in Q3 and 6.1% over 9M, which is very solid for a REIT in this environment and industry. Annualized, that’s an AFFO of about $395.8 million, which is very solid for a market cap of $4.12 billion, placing them at a P/AFFO ratio of 10.4. EPR Properties IR Financially, based on EPR’s latest report , we see an overall solid position, with relatively low and manageable debt and very significant amounts of real estate that can more than cover it. I’ll also note again that these assets are not only depreciated for tax reasons (dragging their value down) but also recorded at ...
NEW YORK, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Ponce Financial Group, Inc., (the “Company”) (NASDAQ: PDLB), the holding company for Ponce Bank, N.A. (the “Bank”), today announced results for the fourth quarter of 2025. Fourth Quarter 2025 Highlights (Compared to Prior Periods): Net income available to common stockholders was $9.9 million, or $0.42 per diluted share for the three months ended December...
NEW YORK, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Ponce Financial Group, Inc., (the “Company”) (NASDAQ: PDLB), the holding company for Ponce Bank, N.A. (the “Bank”), today announced results for the fourth quarter of 2025. Fourth Quarter 2025 Highlights (Compared to Prior Periods): Net income available to common stockholders was $9.9 million, or $0.42 per diluted share for the three months ended December 31, 2025, as compared to net income available to common stockholders of $6.2 million, or $0.27 per diluted share for the three months ended September 30, 2025 and net income available to common stockholders of $2.7 million, or $0.12 per diluted share for the three months ended December 31, 2024. Total net income for the three months ended December 31, 2025 was $10.1 million. The Company paid dividends of $0.3 million on its preferred stock during the three months ended December 31, 2025. Included in the $9.9 million of net income available to common stockholders for the fourth quarter of 2025 results is $48.8 million in interest and dividend income and $3.5 million in non-interest income, offset by $20.9 million in interest expense, $16.6 million in non-interest expense, $3.6 million in provision for income taxes, $1.1 million in provision for credit losses and $0.3 million in dividends on preferred shares. Net interest income of $27.9 million for the fourth quarter of 2025 increased $2.7 million, or 10.64%, from the prior quarter and increased $7.2 million, or 34.75%, from the same quarter last year. Net interest margin was 3.57% for the fourth quarter of 2025, versus 3.30% for the prior quarter and 2.80% for the same quarter last year. Full Year 2025 Highlights (Compared to 2024): Net income available to common stockholders was $27.6 million, or $1.20 per diluted share for the year ended December 31, 2025, as compared to net income available to common stockholders of $10.3 million, or $0.46 per diluted share for the year ended December 31, 2024. The Company paid dividend...
(RTTNews) - First Commonwealth Financial (FCF) reported earnings for its fourth quarter that Increases, from the same period last year The company's bottom line came in at $44.87 million, or $0.43 per share. This compares with $35.84 million, or $0.35 per share, last year. Excluding items, First Commonwealth Financial reported adjusted earnings of $44.65 million or $0.43 per share for the period. ...
(RTTNews) - First Commonwealth Financial (FCF) reported earnings for its fourth quarter that Increases, from the same period last year The company's bottom line came in at $44.87 million, or $0.43 per share. This compares with $35.84 million, or $0.35 per share, last year. Excluding items, First Commonwealth Financial reported adjusted earnings of $44.65 million or $0.43 per share for the period. The company's revenue for the period rose 19.1% to $113.20 million from $95.08 million last year. First Commonwealth Financial earnings at a glance (GAAP) : -Earnings: $44.87 Mln. vs. $35.84 Mln. last year. -EPS: $0.43 vs. $0.35 last year. -Revenue: $113.20 Mln vs. $95.08 Mln 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.
From 2h ago 20.55 GMT Trump says Alex Pretti 'shouldn’t have been carrying a gun' and claims ignorance of his team's false claims about slain VA nurse Answering reporter questions in the restaurant, Trump once again declined to agree with characterizations by his own team of Pretti as a domestic terrorist, claiming not to have heard those comments. “He shouldn’t have been carrying a gun,” Trump sa...
From 2h ago 20.55 GMT Trump says Alex Pretti 'shouldn’t have been carrying a gun' and claims ignorance of his team's false claims about slain VA nurse Answering reporter questions in the restaurant, Trump once again declined to agree with characterizations by his own team of Pretti as a domestic terrorist, claiming not to have heard those comments. “He shouldn’t have been carrying a gun,” Trump said, adding “I don’t like that he had a gun.” Minneapolis Police has said Pretti was a lawful gun owner with a valid permit to carry a firearm. The assertion that he should not have carried a gun has drawn significant pushback from pro-second amendment groups, including the NRA, which are usually in lockstep with Republicans on matters of gun rights. Even then, he said you’d have to be a “stupid person” not to think what happened to Pretti was “very unfortunate”. Stephen Miller, the White House deputy chief of staff and the architect of Trump’s immigration agenda, described Pretti as a “would-be assassin” and a “domestic terrorist” who “tried to murder federal law enforcement”. Homeland Security secretary Kristi Noem claimed Pretti was “brandishing” a weapon, acting “violently” toward officers, which is plainly contradicted by video footage showing that he was holding a phone, not a gun, and was disarmed before he was killed. Gregory Bovino, who has since left his post as Border Patrol commander, claimed without any evidence that Pretti wanted to “massacre law enforcement” and that the agents were “the victims”. Share Updated at 21.55 GMT 21m ago 22.17 GMT Donald Trump said his administration plans to “de-escalate” in Minnesota after weeks of a massive, and deadly, immigration enforcement operation in Minneapolis-St Paul. In an interview with Fox News on Tuesday, the US president defended his administration’s campaign in the state, stating that ICE had taken “thousands of criminals out of Minnesota”. The operation and the killings of two US citizens, Renee Good and Alex Pret...
Fourth graders ask whether kids or adults have it better as part of NPR challenge Who's got it better in life, kids or adults? A group of fourth-graders in New Jersey did some serious reporting on this topic and sent us their findings as a part of NPR's Student Podcast Challenge. Media Fourth graders ask whether kids or adults have it better as part of NPR challenge Fourth graders ask whether kids...
Fourth graders ask whether kids or adults have it better as part of NPR challenge Who's got it better in life, kids or adults? A group of fourth-graders in New Jersey did some serious reporting on this topic and sent us their findings as a part of NPR's Student Podcast Challenge. Media Fourth graders ask whether kids or adults have it better as part of NPR challenge Fourth graders ask whether kids or adults have it better as part of NPR challenge Audio will be available later today. Who's got it better in life, kids or adults? A group of fourth-graders in New Jersey did some serious reporting on this topic and sent us their findings as a part of NPR's Student Podcast Challenge. Sponsor Message Sponsor Message
These companies are cashing in on how people are using AI every day. Investors don't need to take chances with their savings to build wealth in the stock market. All you need to do is buy strong businesses, preferably those that lead their industry, and still offer attractive growth prospects. Two stocks I would consider buying with $2,000 are Microsoft (MSFT +2.23%) and Alphabet (GOOG +0.40%) (GO...
These companies are cashing in on how people are using AI every day. Investors don't need to take chances with their savings to build wealth in the stock market. All you need to do is buy strong businesses, preferably those that lead their industry, and still offer attractive growth prospects. Two stocks I would consider buying with $2,000 are Microsoft (MSFT +2.23%) and Alphabet (GOOG +0.40%) (GOOGL +0.40%). These companies serve billions of people with their products every day. This drives substantial profits, which they can invest in artificial intelligence (AI) to improve their services and widen their competitive moat over the long term. Microsoft Microsoft is a smart stock to consider buying today and holding for the long term. It has 900 million people using AI features across its products. It is experiencing strong momentum across its business, demonstrating its ability to capitalize on the AI boom. Microsoft is seeing more people engage with AI features in its Microsoft 365 productivity tools. Its Copilot AI assistant has surpassed 150 million monthly active users. This demand is driving higher revenue per user, indicating that they are willing to spend more to use AI features. Revenue from Microsoft 365 and other productivity tools grew 17% year over year in the recent quarter. Its Azure enterprise cloud business is also sitting on an incredible $400 billion in future commitments. Expand NASDAQ : MSFT Microsoft Today's Change ( 2.23 %) $ 10.51 Current Price $ 480.79 Key Data Points Market Cap $3.5T Day's Range $ 473.13 - $ 482.85 52wk Range $ 344.79 - $ 555.45 Volume 1.3M Avg Vol 25M Gross Margin 68.76 % Dividend Yield 0.72 % While Microsoft is spending aggressively on AI infrastructure to support demand, it should see higher profits down the road. The higher revenue per user in 365 is an important indicator for investors. It shows that customers are willing to spend more for the company's software as it introduces better AI features, which could boost the...
Key Points Microsoft's Copilot is driving higher revenue per user in its productivity software, boosting its long-term profit opportunity. Alphabet's AI investments are improving its growth prospects in the booming digital advertising market. 10 stocks we like better than Microsoft › Investors don't need to take chances with their savings to build wealth in the stock market. All you need to do is ...
Key Points Microsoft's Copilot is driving higher revenue per user in its productivity software, boosting its long-term profit opportunity. Alphabet's AI investments are improving its growth prospects in the booming digital advertising market. 10 stocks we like better than Microsoft › Investors don't need to take chances with their savings to build wealth in the stock market. All you need to do is buy strong businesses, preferably those that lead their industry, and still offer attractive growth prospects. Two stocks I would consider buying with $2,000 are Microsoft (NASDAQ: MSFT) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). These companies serve billions of people with their products every day. This drives substantial profits, which they can invest in artificial intelligence (AI) to improve their services and widen their competitive moat over the long term. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Microsoft Microsoft is a smart stock to consider buying today and holding for the long term. It has 900 million people using AI features across its products. It is experiencing strong momentum across its business, demonstrating its ability to capitalize on the AI boom. Microsoft is seeing more people engage with AI features in its Microsoft 365 productivity tools. Its Copilot AI assistant has surpassed 150 million monthly active users. This demand is driving higher revenue per user, indicating that they are willing to spend more to use AI features. Revenue from Microsoft 365 and other productivity tools grew 17% year over year in the recent quarter. Its Azure enterprise cloud business is also sitting on an incredible $400 billion in future commitments. While Microsoft is spending aggressively on AI infrastructure to support demand, it should see higher profits down the road. The higher revenue per user in 365 is an important indicator for investo...
Coinbase CEO Reveals AI "Oracle" Now Helping Him Run Company A steady drumbeat of media reports has warned about AI wiping out entry-level jobs and even eliminating some middle-management positions, but the prospect of AI taking over the job of CEO, or at least parts of some executive functions, could be a reality sooner than we think. Coinbase CEO Brian Armstrong has revealed that he has deployed...
Coinbase CEO Reveals AI "Oracle" Now Helping Him Run Company A steady drumbeat of media reports has warned about AI wiping out entry-level jobs and even eliminating some middle-management positions, but the prospect of AI taking over the job of CEO, or at least parts of some executive functions, could be a reality sooner than we think. Coinbase CEO Brian Armstrong has revealed that he has deployed an internal, self-hosted AI model that functions as a centralized “oracle,” ingesting every Slack message and Google document to create a unified, aggregated repository of the company’s communications. Speaking with “All-In” co-host Jason Calacanis during an interview in Davos, Armstrong explained how the system has evolved from a basic productivity aid into a strategic advisor widely adopted across teams, including legal and finance. “ One of the big pushes we made in the last year was um we got our own internal hosted AI model that was connected to all of our data sources, right? ” Armstrong said. “It's like every Slack message, every Google doc, every Salesforce data, Confluence. So now this is all linked up in one like the data is all aggregated and you can ask these agents. Every team is using it. " " It's like the oracle of Coinbase ,” Calacanis interrupted. "Yeah," the Coinbase leader replied. The "Old Way" of running a company is dead. 💀 Brian Armstrong just revealed how he’s using AI agents to run @Coinbase , and it’s a glimpse into the future of leadership. 1. Real-Time Monitoring 👁️ No more waiting for "quarterly reviews." Brian uses AI agents to synthesize… pic.twitter.com/fp5TTD16rZ — Jungle Inc Crypto News (@jungleincxrp) January 24, 2026 Armstrong also explained how he has shifted from using AI for routine applications - such as drafting memos - to more introspective queries that surface potential blind spots. “I've started to ask it really - it's not just like prompting it, 'Hey, can you write this kind of memo for me or something,'” Armstrong told Calacani...
Lean hog futures are posting gains of a tick to 55 cents across the front months on Tuesday. USDA’s national base hog price was not reported on Tuesday morning due to low volume. The CME Lean Hog Index was up another 39 cents on Jan 22 at $84.01. USDA’s pork carcass cutout value from the Tuesday AM report was 62 cents higher at $97.88 per cwt. The loin primal was reported lower, with the rest repo...
Lean hog futures are posting gains of a tick to 55 cents across the front months on Tuesday. USDA’s national base hog price was not reported on Tuesday morning due to low volume. The CME Lean Hog Index was up another 39 cents on Jan 22 at $84.01. USDA’s pork carcass cutout value from the Tuesday AM report was 62 cents higher at $97.88 per cwt. The loin primal was reported lower, with the rest reported higher. USDA estimated federally inspected hog slaughter for Monday at 426,000 head. That is 5,000 head above last week but 5,345 head below the same week last year. Don’t Miss a Day: Feb 26 Hogs are at $88.850, up $0.550, Apr 26 Hogs are at $96.750, up $0.025 May 26 Hogs are at $100.275, up $0.050, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Figure out the best timing for taking your mandatory distribution. If you have your nest egg in a traditional retirement account, once you turn 73, you'll have to start taking required minimum distributions (RMDs). Your first RMD can be delayed to April 1 of the year after you turn 73 without incurring a penalty. Otherwise, RMDs are due by Dec. 31 each year. It's in your best interest to take your...
Figure out the best timing for taking your mandatory distribution. If you have your nest egg in a traditional retirement account, once you turn 73, you'll have to start taking required minimum distributions (RMDs). Your first RMD can be delayed to April 1 of the year after you turn 73 without incurring a penalty. Otherwise, RMDs are due by Dec. 31 each year. It's in your best interest to take your RMDs and not miss the deadline. If you don't take a given RMD, you'll lose 25% of whatever sum you don't remove from your retirement account. So if your RMD is $10,000, failing to take it on time means forfeiting $2,500 of your hard-earned savings. But just because RMDs are due by Dec. 31 each year doesn't mean you have to wait until the end of the year to withdraw those funds. You can take your RMD at any time. The question is, are you better off taking your RMD early this year or waiting? The case for taking your RMD early The benefit of taking your RMD early on in the year? You get the task done with and don't risk a penalty. Plus, depending on your situation, taking your RMD earlier in the year could help with your cash flow. Also, it could pay to take your RMD earlier from an investment perspective. If you're happy with the value of your portfolio now, you may want to take your RMD at a time when the market is in a good place. If the market deteriorates in 2026 and you take your RMD later on, you might have to sell some of your assets off at a lower value. The case for waiting to take your RMD The longer you wait to take your RMD, the more your money gets to grow in a tax-deferred fashion. If you don't have an immediate need for your RMD, and you expect the market or your specific investments to perform well in 2026, then it could pay to leave that money in your IRA or 401(k) plan a bit longer and take a withdrawal closer to December. Waiting to take your RMD might also help with tax planning. If your 2026 income ends up being higher than expected, you may decide to d...
Provident Financial press release ( PFS ): Q4 GAAP EPS of $0.55 misses by $0.01 . Revenue of $225.72M (+9.6% Y/Y) beats by $1.65M . More on Provident Financial Provident Financial Services: I'm Not Ready To Stop Banking On Upside Provident Financial Services, Inc. (PFS) Q3 2025 Earnings Call Transcript Provident Financial Services, Inc. 2025 Q3 - Results - Earnings Call Presentation Provident Fina...
Provident Financial press release ( PFS ): Q4 GAAP EPS of $0.55 misses by $0.01 . Revenue of $225.72M (+9.6% Y/Y) beats by $1.65M . More on Provident Financial Provident Financial Services: I'm Not Ready To Stop Banking On Upside Provident Financial Services, Inc. (PFS) Q3 2025 Earnings Call Transcript Provident Financial Services, Inc. 2025 Q3 - Results - Earnings Call Presentation Provident Financial Services expands stock buyback plan to 2.15% of outstanding stock Provident Bank CFO Thomas M. Lyons announces retirement
BBuilder/iStock via Getty Images Overview When I previously covered the Roundhill S&P 500 0DTE Covered Call Strategy ETF ( XDTE ), I issued a hold rating due to the high risk tradeoffs of the fund. The fund continues to offer a high starting dividend yield of ~21%, while issuing payouts on a weekly basis. However, the underlying issue of the fund's likelihood to erode investor capital over a longe...
BBuilder/iStock via Getty Images Overview When I previously covered the Roundhill S&P 500 0DTE Covered Call Strategy ETF ( XDTE ), I issued a hold rating due to the high risk tradeoffs of the fund. The fund continues to offer a high starting dividend yield of ~21%, while issuing payouts on a weekly basis. However, the underlying issue of the fund's likelihood to erode investor capital over a longer holding period isn't ideal. Now that we've crossed into the new year and the S&P 500 Index ( SPX ) continues to hit new all-time highs, I wanted to revisit XDTE to discuss how the fund may be efficiently used during a continued bull market. I also wanted to share how the fund may perform if we see a downward shift in momentum of the index. Looking at the performance over the last twelve months, we can see that XDTE's share price has declined by nearly 21.3%. This is expected for such a high yielding fund, but I admittedly would like to see some improvement in the resilience of the share price in the future. Unfortunately, the portfolio structure just doesn't make this likely over a longer holding period. When including all distributions that were paid out to shareholders, the total return jumps up to nearly 10.3% over the same time frame. While this may not be impressive at first glance, we should still consider that XDTE's total return has outpaced the S&P 500 since the time of my last coverage. This can be attributed to the high distributions paid out, including the special year-end supplemental that was recently paid. Data by YCharts Despite XDTE's strategy being vulnerable to a capped upside growth, I believe that the fund can still make sense within a diversified portfolio. However, there are many risks that investors should consider before initiating a position. Timing is very important with these 0DTE (zero-days-to-expiration) funds, so I will be detailing when I choose to accumulate shares, versus when I let the position sit uninterrupted. So let's start by review...
US consumer confidence plummeted in January to the lowest level in 12 years on more pessimistic views from Americans worried about the nation’s economy, inflation and a weakening labor market. The gauge by the Conference Board decreased to 84.5, from an upwardly revised 94.2 last month, data out Tuesday showed. The figure was the lowest since May 2014 and fell short of all estimates in a Bloomberg...
US consumer confidence plummeted in January to the lowest level in 12 years on more pessimistic views from Americans worried about the nation’s economy, inflation and a weakening labor market. The gauge by the Conference Board decreased to 84.5, from an upwardly revised 94.2 last month, data out Tuesday showed. The figure was the lowest since May 2014 and fell short of all estimates in a Bloomberg survey of economists. After a slight improvement in December, American consumer confidence resumed its downward slide. Economists project the labor market will largely remain stagnant this year, with limited job opportunities. In write-in responses to the survey, consumers often mentioned prices of oil, gas and groceries, said Dana Peterson, chief economist at the Conference Board. Mentions of politics, the labor market and health insurance also rose. The share of consumers that said jobs were currently hard to get was the highest since February 2021, while the portion saying jobs were plentiful deteriorated. Fewer Americans expect their incomes to rise in the coming months, prompting consumers to cut back on vacation plans and approach big-ticket purchases like new cars more cautiously. What You Need to Know Today The day after Donald Trump appeared to retreat due to the national fury over federal agents killing two American citizens in Minneapolis, the Republican was again blaming a victim, criticizing Alex Pretti’s possession of a licensed firearm shortly before he was shot dead . And just as Trump refused to order a civil rights probe of ICE’s killing of Renee Good two weeks earlier, a report from MS NOW says there will be no civil rights probe of the killing of Pretti, either. Democratic members of Congress on Tuesday threatened to impeach Department of Homeland Security Secretary Kristi Noem unless she was fired . Trump says he is standing by the former South Dakota governor , who had no traditional experience associated with the role when nominated. A study by the W...
A Russian drone strike on a passenger train in north-eastern Ukraine has killed five people, prosecutors said, an attack denounced as terrorism by President Volodymyr Zelenskyy. Prosecutors said fragments of five bodies had been found at the scene of the strike on the train, which occurred on Tuesday by a village in north-eastern Ukraine’s Kharkiv region. The train had been operating from Chop, ne...
A Russian drone strike on a passenger train in north-eastern Ukraine has killed five people, prosecutors said, an attack denounced as terrorism by President Volodymyr Zelenskyy. Prosecutors said fragments of five bodies had been found at the scene of the strike on the train, which occurred on Tuesday by a village in north-eastern Ukraine’s Kharkiv region. The train had been operating from Chop, near Ukraine’s western borders with Hungary and Slovakia, to the town of Barvinkove. Photographs posted online showed at least two carriages ablaze next to a snow-covered railbed. “In any country, a drone strike on a civilian train would be considered in exactly the same way – purely as terrorism. There is not and cannot be any military purpose in this,” Zelenskyy wrote on the Telegram messaging app. Zelenskyy said the latest bombardment undermined peace efforts and urged allies to step up pressure on Moscow to end the war. “Every such Russian strike erodes the diplomacy that is still ongoing and undermines the efforts of partners who are helping to end this war,” he wrote on social media. Prosecutors said one drone struck the train and two more hit an area alongside it. In his post on Telegram, Zelenskyy said four people had been killed and two wounded. The train, he said, was carrying more than 200 passengers, including 18 in the wagon that was hit. Prosecutors had said earlier that 155 passengers were on board the train. Deputy prime minister Oleksiy Kuleba had described the attack by three drones as a “direct act of Russian terror”. Oleksandr Pertsovskyi, CEO of Ukrzaliznytsia, Ukraine’s national railway, thanked rescue teams and fellow passengers who helped evacuate people, and pledged that trains would keep running. “Keeping things moving is becoming more difficult,” Pertsovskyi wrote on Facebook. “We are regrouping. There will be additional strict security measures in some places, but even on those most frightening days, we cannot give up.” A barrage of more than 50 Ru...
Image source: The Motley Fool. Tuesday, January 27, 2026 at 4:30 p.m. ET CALL PARTICIPANTS President and Chief Executive Officer — Robert Bruggeworth Chief Financial Officer — Grant Brown Senior Vice President, Sales and Marketing — Dave Fullwood Senior Vice President, Business Operations — Frank Stewart Vice President, Investor Relations — Douglas DeLieto TAKEAWAYS Revenue -- $993 million, which ...
Image source: The Motley Fool. Tuesday, January 27, 2026 at 4:30 p.m. ET CALL PARTICIPANTS President and Chief Executive Officer — Robert Bruggeworth Chief Financial Officer — Grant Brown Senior Vice President, Sales and Marketing — Dave Fullwood Senior Vice President, Business Operations — Frank Stewart Vice President, Investor Relations — Douglas DeLieto TAKEAWAYS Revenue -- $993 million, which management stated was in line with prior guidance. -- $993 million, which management stated was in line with prior guidance. Non-GAAP Gross Margin -- 49.1%, up approximately 260 basis points year over year, attributed to improved portfolio mix and operational actions. -- 49.1%, up approximately 260 basis points year over year, attributed to improved portfolio mix and operational actions. Non-GAAP Diluted EPS -- $2.17, which management highlighted compared favorably to guidance. -- $2.17, which management highlighted compared favorably to guidance. Largest Customer Concentration -- Represented approximately 53% of revenue for the quarter. -- Represented approximately 53% of revenue for the quarter. Cash and Equivalents -- $1.3 billion at quarter end. -- $1.3 billion at quarter end. Long-Term Debt -- $1.5 billion outstanding, with no near-term maturities. -- $1.5 billion outstanding, with no near-term maturities. Net Inventory -- $530 million, a sequential reduction of $75 million and $111 million lower than the end of the prior fiscal year. -- $530 million, a sequential reduction of $75 million and $111 million lower than the end of the prior fiscal year. Operating Cash Flow -- $265 million generated in the quarter. -- $265 million generated in the quarter. Free Cash Flow -- $237 million, after $28 million in capital expenditures. -- $237 million, after $28 million in capital expenditures. Factory Network Actions -- Closure of the Costa Rica facility completed ahead of schedule in December, and SAW filter production transfer to Greensboro, NC, and Richardson, TX remains on t...
DKosig/iStock via Getty Images Written by Nick Ackerman, co-produced by Stanford Chemist The abrdn Global Infrastructure Income Fund ( ASGI ) has delivered solid returns to its investors through a generous distribution yield and capital gains. They've been able to achieve this success with a non-leveraged, globally diversified portfolio of infrastructure investments, including private exposure. Ho...
DKosig/iStock via Getty Images Written by Nick Ackerman, co-produced by Stanford Chemist The abrdn Global Infrastructure Income Fund ( ASGI ) has delivered solid returns to its investors through a generous distribution yield and capital gains. They've been able to achieve this success with a non-leveraged, globally diversified portfolio of infrastructure investments, including private exposure. However, the closed-end fund has begun to regularly flirt with trading at a premium now, prompting some caution for potential investors wanting to build a position or investors already holding. The fund started trading at premium levels in July of last year, which is when I exited half my position in favor of initiating a position in Duff & Phelps Utility and Infrastructure Fund ( DPG ). Today, I'd be looking to potentially exit the rest of my ASGI position in favor of an alternative peer as well. Though I am willing to "Hold" out for an even higher premium, thanks to the fund's fairly unique exposure, while also not employing leverage through borrowings. ASGI Basics 1-Year Z-score: 1.52 Discount/Premium: +3.62% Distribution Yield: 11.15% Expense Ratio: 2.16% (1.65% with waivers) Leverage: N/A Managed Assets: $695.8 million Structure: Term (anticipated liquidation date around July 28, 2035) ASGI's investment objective is “to seek to provide a high level of total return with an emphasis on current income.” To achieve this objective, the investment strategy is basic. They will “invest in a portfolio of income-producing public and private infrastructure equity investments from around the world.” The private investments here are one of the differentiating factors of the fund. Performance - Flirting With A Premium We last covered ASGI in a full focus piece in June 2025; at that time, I continued to have a " Buy" rating on the fund because it was still trading at an over 7% discount. The results since that time have been quite fantastic, even beating out the S&P 500 Index during th...
Micron Technology has announced plans to build a $24 billion memory chip manufacturing plant in Singapore, expanding its production capacity as industries worldwide grapple with a prolonged shortage of memory components. The US chipmaker said the investment will fund the construction of an advanced wafer fabrication facility over the next decade. The new plant is intended to help Micron meet risin...
Micron Technology has announced plans to build a $24 billion memory chip manufacturing plant in Singapore, expanding its production capacity as industries worldwide grapple with a prolonged shortage of memory components. The US chipmaker said the investment will fund the construction of an advanced wafer fabrication facility over the next decade. The new plant is intended to help Micron meet rising demand for NAND flash memory, driven by the rapid growth of artificial intelligence systems and data‑intensive applications. Wafer production is scheduled to begin in the second half of 2028 within a cleanroom complex covering more than 700,000 square feet. Singapore already plays a central role in Micron’s global operations, producing 98% of its flash memory output. The company is also building a separate $7 billion advanced packaging plant in the city‑state to supply high‑bandwidth memory (HBM) used in AI chips, with production expected to start in 2027. Analysts believe the market will remain tight for several years, with memory shortages potentially continuing until late 2027. Micron and its key competitors - South Korea’s Samsung and SK Hynix - are accelerating their own expansion plans to address the shortfall. Industry researcher TrendForce has forecast that prices for enterprise solid‑state drives could rise by 55% to 60% as demand outstrips supply. TrendForce noted that “the market’s demand for high-performance storage equipment has been growing much faster than expected amidst the expansion of AI inference applications”, adding that major North American cloud providers have been placing strong orders to secure inventory. Micron was the fourth‑largest supplier of flash memory in the third quarter of 2025, holding a 13% market share. The company is also in talks to purchase a fabrication site in Taiwan from Powerchip for $1.8 billion, a move that would increase its DRAM wafer production capacity.
ISELIN, N.J., Jan. 27, 2026 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the “Company”) reported net income of $83.4 million, or $0.64 per basic and diluted share for the three months ended December 31, 2025, compared to $71.7 million, or $0.55 per basic and diluted share, for the three months ended September 30, 2025 and $48.5 million, or $0.37 per basic and diluted share, f...
ISELIN, N.J., Jan. 27, 2026 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. (NYSE:PFS) (the “Company”) reported net income of $83.4 million, or $0.64 per basic and diluted share for the three months ended December 31, 2025, compared to $71.7 million, or $0.55 per basic and diluted share, for the three months ended September 30, 2025 and $48.5 million, or $0.37 per basic and diluted share, for the three months ended December 31, 2024. For the year ended December 31, 2025, net income totaled $291.2 million, or $2.23 per basic and diluted share, compared to $115.5 million, or $1.05 per basic and diluted share, for the year ended December 31, 2024. Prior year earnings include six and a half months of combined operations with Lakeland Bancorp, Inc. (“Lakeland”), compared to a full year in 2025. Additionally, while there were no transaction costs related to our merger with Lakeland during 2025, for the three months and year ended December 31, 2024, these costs totaled $20.2 million and $117.0 million, respectively. The 2024 full year results included an initial Current Expected Credit Loss ("CECL") provision for credit losses on loans of $60.1 million recorded as part of the Lakeland merger.
watch now VIDEO 0:44 00:44 U.S. Dollar tumbles after Pres. Trump says he isn't concerned about its decline Closing Bell: Overtime The U.S. dollar fell about 1.3% on Tuesday, the most since last April, after President Donald Trump declined to say that the currency had fallen too much. During a visit to Iowa to promote his economic record, Trump was asked if he was comfortable with the current value...
watch now VIDEO 0:44 00:44 U.S. Dollar tumbles after Pres. Trump says he isn't concerned about its decline Closing Bell: Overtime The U.S. dollar fell about 1.3% on Tuesday, the most since last April, after President Donald Trump declined to say that the currency had fallen too much. During a visit to Iowa to promote his economic record, Trump was asked if he was comfortable with the current value of the greenback and if he thought it had fallen too much after sliding 10% over the past year. "I think it's great," Trump said of the weaker dollar. "I mean the value of the dollar, look at the business we're doing. No, [the] dollar is doing great. You know it's very interesting, if you look at China or Japan, I used to fight like hell with them because they always wanted to devalue their yen ... you know that, the yen and yuan, and they'd always want to devalue it. They devalue, devalue, devalue. And I said, 'not fair.' They devalue, because it's hard to compete when they devalue." The Dollar Index , which tracks the U.S. currency against six leading trading partners (but not China) fell as much in a single day was last April 10, when it tumbled almost 2% amid mounting trade disputes and U.S. threats to impose a 145% tariff on China. That same day, the S&P 500 slid 3.5% and the Nasdaq Composite sank 4.3%. On Tuesday, the dollar also dropped to its lowest level since February 2022. Stock Chart Icon Stock chart icon Dollar index futures over the past year
Canada's Prime Minister Mark Carney speaks during Question Period in the House of Commons on Parliament Hill in Ottawa, Ontario, Canada, Jan. 27, 2026. Patrick Doyle | Reuters Canadian Prime Minister Mark Carney on Tuesday denied Treasury Secretary Scott Bessent's claim that, in a private call with President Donald Trump , he had backtracked on some of the remarks from his much-discussed speech in...
Canada's Prime Minister Mark Carney speaks during Question Period in the House of Commons on Parliament Hill in Ottawa, Ontario, Canada, Jan. 27, 2026. Patrick Doyle | Reuters Canadian Prime Minister Mark Carney on Tuesday denied Treasury Secretary Scott Bessent's claim that, in a private call with President Donald Trump , he had backtracked on some of the remarks from his much-discussed speech in Davos , Switzerland, last week. "To be absolutely clear, and I said this to the president, I meant what I said in Davos," Carney told reporters in Ottawa on Tuesday morning, pushing back on Bessent's remarks from the night before. Bessent, in a Fox News interview Monday night had said Carney was "very aggressively walking back some of the unfortunate remarks he made at Davos" during a call with Trump earlier in the day. In his address to the World Economic Forum, Carney had declared that the established U.S.-led world order was in the "midst of a rupture." And he pointedly warned that the "bargain" of an American hegemony "no longer works," adding that "great powers" have exploited and weaponized economic tools like tariffs. The speech — which came as Trump was aggressively pressuring Europe to sell Denmark-owned Greenland to the U.S. — received a rare standing ovation at Davos. Read more CNBC politics coverage Trump says he wants 'very honorable and honest investigation' of Alex Pretti killing Democrats to Trump: Fire Kristi Noem or risk her impeachment The government is barreling toward a partial shutdown over DHS funding. Here's what to expect ICE chief ordered to appear in Minnesota federal court, judge threatens contempt ruling All eyes are on Trump's reaction to the 'mother of all deals' Hyundai shares fall after Trump says tariffs on South Korean autos, pharma to rise to 25% Treasury cancels Booz Allen contracts after Trump tax records leak; stock falls The speech reflected "that Canada was the first country to understand the change in U.S. trade policy that he had ...