Brett_Hondow/iStock Editorial via Getty Images BNP Paribas Equity Research senior analyst Andrew Buscaglia on Monday said Eaton’s ( ETN ) decision to spin off its mobility group should unlock shareholder value by sharpening the company’s focus on higher growth businesses. “As opposed to an outright sale, a spinoff is more attractive given its tax-free nature,” Buscaglia wrote, adding that the mobility assets had increasingly been viewed by investors as non-core to Eaton’s ( ETN ) long-term strategy. Details of the proposed transaction Eaton said before markets opened that it plans to separate its mobility group, which includes the vehicle and e-mobility businesses, into a standalone publicly traded company. The tax-free spinoff is expected to close in the first quarter of 2027 and is designed to create two distinct companies with clearer strategic priorities. Mobility contribution has faded BNP Paribas estimates that Eaton’s ( ETN ) vehicle and e-mobility units will generate about $3.1 billion in combined sales in 2025, representing roughly 11% of total revenue. Buscaglia noted that as Eaton’s ( ETN ) electricals and aerospace segments expanded over the past five years, mobility became less impactful to earnings and increasingly peripheral to the investment thesis. Margins and growth trail the group According to BNP Paribas forecasts, the vehicle segment is expected to post an adjusted operating margin of 16.2% in 2025, while e-mobility is projected to operate at a loss. Both compare unfavorably with Eaton’s ( ETN ) expected corporate average margin of more than 24%. Organic sales growth in mobility has also lagged the high single-digit to low double-digit growth seen in electricals and aerospace. Valuation and financial effect Buscaglia said BNP Paribas assigns an enterprise value of about $3.5 billion to the mobility group based on a sum-of-the-parts analysis, though balance sheet details and separation costs have yet to be disclosed. Eaton ( ETN ) has said the tr...

支聯會顛覆案｜控方完成開案陳詞 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】支聯會煽動顛覆國家政權案，控方完成開案陳詞。 控方指李卓人在2019年國慶日示威帶領叫喊「沒有國慶只有國殤」口號，明顯否定國家的成立、憲制或政治制度，另一被告鄒幸彤曾提到有被「誅九族」的準備，聲言要堅持挑戰改變國家制度等。至國安法生效後，鄒幸彤宣告組織會長期鼓吹「結束一黨專政」主張，又曾表示知悉支聯會綱領與共產黨有衝突。控方認為，兩人必然是共同與其他被告，或個別地繼續煽動顛覆行為。

FR0011332758.PA 互動股市圖表 | LFP Sélection Innovation Dyn 股市 Yahoo 財經

Apple (AAPL) Stock Trades Up, Here Is Why FinancialContent

格隆汇1月27日｜叙利亚总统将于周三访问俄罗斯并与俄罗斯总统普京会面。

This weekend's snow and ice storm put power grids to the test. 12% of natural gas production was knocked off-line and futures for February rose above $6 per million British thermal units for the first time since 2002. Stephen Schork of The Schork Report says markets were slow to react to the upcoming demand surge. (Source: Bloomberg)

安全帶｜被問會否暫緩、修例 李家超重申保障市民安全 會法理情兼備處理 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】強制佩戴安全帶法例已經生效，違例最高可監禁3個月、罰款5,000元。不少市民反映不便，行政長官李家超重申措施是保障市民安全。 巴士和商用車等自星期日起如果座位配備安全帶，乘客必須佩戴。不少市民反映當要兼顧行李、趕著下車時就不太方便，部分安全帶亦非適合兒童。 行政長官李家超被問到會否修例或暫緩條例，他重申措施是落實2018年大埔巴士車禍獨立檢討委員會的建議，內地及多國都有實行。李家超：「這是經過研究討論及悲痛教訓中提出的保障乘客安全措施，我明白新措施會帶來行為改變，尤其初時要習慣會有點不方便，但是這個小行為改變可以減低嚴重受傷（機會）七成、減低死亡（機會）四成，用意也是保障乘客身體安全。」 李家超說實施新規定的首階段會以公眾教育、勸喻及培養習慣為目標，運輸及物流局會持續推廣及宣傳。李家超：「我亦同時要求運輸及物流局，對於公共交通工具營運商向他們發出清晰要求，妥善處理安全帶的清潔、性能，以及依規安裝的問題。」 李家超又強調在突發或緊急情況下沒扣安全帶，如果有合理辯解是不用負上責任， 當局會法理情兼備處理。

媒体获悉，为提升利润水平并加快自动化应用进程， 耐克 公司计划裁员 775 人。 知情人士透露，此次裁员是在耐克去年夏季宣布裁撤 1000 个企业岗位基础上的又一动作，主要涉及该运动巨头在田纳西州和密西西比州大型仓储基地的配送中心岗位。 耐克在向该媒体发布的声明中表示，本次裁员主要影响美国地区的配送运营业务，此举旨在 “简化运营流程、提升运营灵活性，打造更敏捷、更具韧性、更负责任且效率更高的运营体系”。 耐克在声明中称：“我们正采取举措强化并精简运营环节，从而实现更高效的业务推进、更严谨的运营管理，更好地为运动员和消费者提供服务。我们正优化供应链布局，加快先进技术与自动化的应用，并为团队培养未来所需的专业技能加大投入。” 目前尚无公开数据显示耐克在美国配送中心的员工总数。 耐克方面还表示，此次裁员是公司实现 “长期盈利性增长”、提升利润率这一目标的重要举措。 随着人工智能与自动化技术在美国企业中广泛应用，配送中心相关岗位首当其冲受到冲击。去年， 联合包裹 服务公司（UPS）宣布计划裁员 4.8 万人，部分原因便是其物流设施的自动化程度提升。目前尚不清楚耐克将具体如何扩大其配送中心的自动化规模，以及该举措在此次 775 人的裁员中占多大影响比例。 此次裁员发生在耐克首席执行官埃利奥特・希尔推动公司转型的关键时期，此前耐克已连续多年面临销售增速放缓、利润率缩水的困境。这一局面的出现，源于耐克前高管约翰・多纳霍推行的直销战略 —— 该战略将公司线下门店和线上官网置于优先地位，而弱化了与批发合作伙伴的合作。 知情人士表示，在该直销战略下，耐克的配送中心及内部工作人员规模大幅扩张，但当前的业务量已无法支撑现有的人员配置水平。 希尔上任后，耐克正采取一系列举措挽回批发合作伙伴、清理滞销库存并重新激发创新活力。去年 12 月耐克发布 2026 财年第二季度财报时曾披露，受关税、业务转型相关成本以及核心中国市场需求放缓等因素影响，公司净利润同比下滑 32%。 责任编辑：丁文武

台灣男童剴剴被虐待致死案 二審駁回上訴維持原判 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】在台灣，1歲男童剴剴被保姆虐待致死，案中被告劉彩萱和劉若琳分別被判無期徒刑和監禁18年，兩人上訴被駁回。 兩名被告是姐妹，去年一審被裁定罪成姐姐劉彩萱被判無期徒刑、妹妹劉若琳判囚18年，檢方和被告均對判決不服提出上訴，高等法院二審裁定維持原判。案發在2023年，當時1歲男童剴剴經社福機構轉介給保姆照顧，期間兩名被告對剴剴施以虐待，歷時百多天，導致剴剴身體多處嚴重受傷、營養不良，最終送院不治。

【有線新聞】美國冬季風暴增至至少30人死，仍有逾56萬戶停電，近1.2萬班航班取消或延誤。國家氣象局預測新一股寒流周末將為東岸帶來歷史性低溫。 美國廣泛地區周末受冬季風暴吹襲，東北部部分地區24小時內積雪量逾50厘米。紐約積雪堆積如山，鏟雪車和民眾忙個不停，全美亦發生多宗涉及剷雪的致命意外。 阿肯色州小石城，工人加緊清理道路上的積雪，期間不時有雨雪，令除雪工作變得更艱巨。美國鏟雪工人：「我相信在鬆軟的雪下面有兩吋厚的實心冰，在這上面還有兩、三吋厚的實心冰。它被壓實了，下面就像溜冰場一樣。」 賓夕法尼亞州費城難得出現積雪，藝術館外的樓梯變成小朋友的遊樂場。這次冬季風暴的贏家可能是孟菲斯動物園的北極熊，牠們在雪地打滾，享受冰雪天氣帶來的樂趣。 田納西州和密西西比州部分地方出現冰暴，汽車、地面等被冰封，凍雨又使樹木和電線斷裂，有房屋被擊中，部分地區停電。聯邦航空管理局指降雪、凍雨影響能見度，周一有近1.2萬班航班取消或延誤，初步估計造成高達1,150億美元經濟損失。 國家氣象局指雖然今股冬季風暴正由東岸向大西洋移動，但新一股北極寒流周末將為東岸絕大部分地區帶來嚴寒天氣和大範圍暴雨，預計會出現歷史低溫。

政制局政助、常秘同時出缺 楊何蓓茵：未來數日公布常秘接任人選 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】政制及內地事務局政治助理及常任秘書長目前同時出缺，公務員事務局局長楊何蓓茵說未來數日會公布常秘接任人選。 楊何蓓茵：「我們已物色合適人選填補空缺，我相信候任人很快便會到政制及內地事務局上任，我們會很快處理。」

Josh Shapiro sees light in his constituents, even in dark times Gov. Josh Shapiro has dealt with plenty of weighty topics. He's investigated abuse in the Catholic Church as Pennsylvania's attorney general. He and his family were the victims of an arson attack in 2005 – an attack that was motivated, in part, by his Jewish faith. And the Democrat dislikes what he's seeing from the Trump administration, which he describes as "chaos and cruelty." But the governor, in his first term leading Pennsylvania, tells NPR, "I see people who are bringing light in their communities every single day, solving problems." Shapiro is often mentioned in conversations about Democrats who might vie for the White House in 2028, but for now, he says, he's focused on the midterms. He's running for a second term, and he's got his eye on election security, in anticipation of conspiracy theories and lawsuits that could undermine the process. Sponsor Message Shapiro sat down with All Things Considered in an interview timed to the release of his memoir, Where We Keep the Light. He shares his memories of that terrible night during Passover, when for the first time, he listened to a law enforcement briefing not just as a leader, but as a victim.

Source: Bloomberg, 43:30

Markets will receive quarterly reports from two of the top software and hardware companies this week resptively, with Microsoft MSFT set to release results for its fiscal second quarter on Wednesday, January 28, and Apple AAPL reporting results for its fiscal first quarter on Thursday, January 29. Microsoft’s standout software successes are overwhelmingly in cloud infrastructure and AI-optimized services with respect to its Azure Cloud Platform, enterprise support services, and Microsoft 365 office apps (Word, Excel, PowerPoint). Meanwhile, Apple’s biggest wins have come from its custom AI-powered silicon chips (M-Series), which are powering new product lines for its MacBook computers, iPads, iPhones, and other emerging AI-centric hardware devices. That said, let’s see which Mag 7 tech giant may be the better investment as their quarterly results approach. Microsoft’s Q2 Expectations Based on Zacks estimates, sales for Microsoft’s fiscal second quarter are expected to be up 15% to $80.23 billion. On the bottom line, Q2 EPS is slated to spike 20% to $3.88. Notably, Microsoft has surpassed the Zacks EPS Consensus for 13 consecutive quarters, posting an average EPS surprise of 8.53% over its last four quarterly reports. Zacks Investment Research Image Source: Zacks Investment Research Apple’s Q1 Expectations As for Apple, sales for its fiscal first quarter are thought to be up 10% to $137.47 billion, with Q2 EPS expected to rise 10% as well to $2.65. Apple has surpassed the Zacks EPS Consensus for 11 straight quarters with an average EPS surprise of 5.42% over its last four quarterly reports. Zacks Investment Research Image Source: Zacks Investment Research Tracking Microsoft & Apple’s Outlook Zacks estimates now call for Microsoft’s FY26 sales to increase 13% to $325.06 billion compared to $281.72 billion last year. Plus, FY27 sales are projected to rise another 14% to $371.89 billion. Microsoft’s annual earnings are forecasted to rise 14% this year to $15.62 per shar...

尽管受暴风雪驱动的用电需求激增，但由于高压输电线的运载量已达极限，美国芝加哥电价仍跌入负值区间。根据Arcus Power旗下NRGStream平台汇总的数据，当地时间周一上午10:10，艾索伦电力公司（Exelon Corp.）旗下的ComEd电力服务区的实时电价暴跌至每兆瓦时负227.93美元。相比之下，上周日的平均电价还维持在 50 美元以上。

This Artificial Intelligence (AI) Stock Is Trading at a Massive Discount Despite Red-Hot Growth Finviz

财联社1月27日讯（编辑 赵昊） 周一（1月26日）纽约时段，贵金属价格明显走强，黄金、白银和铂金均创下新高，其中银价一度涨14%。 具体行情显示，现货白银价格日内一度涨14%至每盎司117.75美元，与之相比，2025年末时报71.64美元。截至发稿，银价收窄日内涨幅至5%附近，报每盎司108.6美元。 现货白银价格5分钟图 现货黄金日内一度涨2.4%至每盎司5111.17美元，也刷新了历史纪录，发稿时涨幅收窄至1.2%左右，报每盎司5050美元；现货铂金日内一度升至每盎司2918.55美元。 现货黄金价格5分钟图 日内早些时候，伊朗议会国家安全与外交政策委员会发言人易卜拉欣·雷扎伊在社交平台发文称，如果美国发动任何侵略，伊朗的回应“绝不会仅限于美国的军事基地或装备”。 投资管理公司Sprott Inc.总裁Ryan McIntyre评论道，“在地缘政治和宏观经济不确定性持续高企的背景下，金价持续获得强劲支撑。” “各国央行买入黄金，以分散外汇储备并降低对美元的依赖。”McIntyre补充称：“实物支持型ETF的资金流入已重新恢复，其持仓量同比增长约20%。” 贵金属交易平台BullionVault的研究主管Adrian Ash指出，今年贵金属市场的核心驱动力将是“特朗普，以及特朗普带来的不确定性”。 他说：“新一波首次投资者正大量涌入贵金属市场，推动了本轮上涨。这股力量主要来自亚洲和欧洲的私人投资者，他们争相建立个人黄金和白银持仓。” 本周晚些时候，美联储将公布议息决议。尽管市场预计该行将维持利率不变，但货币政策会议已被特朗普政府对美联储主席鲍威尔发起的刑事调查蒙上阴影。 先前，鲍威尔表示，检方对他进行刑事调查是破坏美联储在设定利率方面独立性的借口。分析人士指出，调查恐进一步侵蚀央行独立性，增加其货币政策走向的不确定性。 自重回白宫以来，特朗普持续向鲍威尔施压，要求后者大幅降低利率。未来，特朗普还有权提名新的美联储主席，可能会让该行趋于采取宽松的政策。 这助推了近期一场被称为“货币贬值交易”（debasement trade）的行情——投资者因担忧政府债务持续膨胀而避开国债和货币资产，转而涌向实物资产，尤其是贵金属。 在此背景下，一些分析师认为金价仍有进一步上涨空间。法国兴业银行预计，金价年底前有望升至每盎司6000美元；大摩则表示其牛市情境目标价为5700美元...

室內「輕階版攀岩」抱石場近年越開越多，不少愛好者為求更具挑戰，都會走上山尋找天然抱石場，但當中就有害群之馬為求一己之便而非法砍伐山林，《一線搜查》近期就在飛鵝山扎山道晨運園，發現一幅天然石牆附近有過百棵樹木懷疑遭人「斬首」。 行山市民：「抱石場嗎？那些地方，就是那些抓的？上方就有，不太遠，在這邊上去就看到。拿著好像是床墊的東西。」行山市民：「（平常多不多人來抱石？）假期會多一點。斬樹那些，我聽那些行山客，都聽聞有人會斬樹。當然是討厭、乞人憎，怎可以斬樹」行山市民：「特別這個位置比以前禿，但我們見不到有人斬。（是何時開始？）都是早幾個月。」 《一線搜查》走向這個天然抱石場，沿途都有些崎嶇，有些路段都要手足並用地爬上去，而現場戾見到一堆堆的樹木枝條，有些切口都頗平滑，但不能肯定是否被非法砍伐，亦不知道被甚麼人砍伐。不過，沿途都見到有很多警告牌，提醒市民未經當局許可，是不可以砍伐郊野公園內的植物，否則可能被檢控。 走了十多分鐘，就看到懷疑是抱石場的大石塊，大概有四米高六米闊，上面有些懷疑是抱石用的止滑粉。聽市民說星期六日都有很多人會來現抱石，他們自己會帶上軟墊，鋪在下面來保護自己 據漁護署回覆《一線搜查》，指去年十一月底及十二月中到場調查，發現該處有樹木曾被人砍伐或切割，現場堆放樹木枝條，惟未能發現相關涉案人士或目擊者，會繼續調查事件並加強巡邏。漁護署又指郊野公園內進行攀石活動並不受規管，但訪客應注意自身及他人安全，以及避免破壞附近植物。 據律師梁永鏗表示，如果在政府劃定的植林區內砍伐樹木或剪爛樹葉等，最高刑罰是一年監禁及罰款二萬五千元，如果是在郊野公園則是監禁三個月及罰款二千元。 78 HOY資訊台：《一線搜查》 播出日期：逢周一至五 播出時間：晚上8時77台首播、8時半78台重播 WhatsApp報料熱線：68960931 節目重溫請＜ 按此 ＞

格隆汇1月27日｜截至当天收盘，纽约商品交易所3月交货的轻质原油期货价格下跌44美分，收于每桶60.63美元，跌幅为0.72%；3月交货的伦敦布伦特原油期货价格下跌29美分，收于每桶65.59美元，跌幅为0.44%。

00:00 Dan Microsoft announced its Maya 200 chip. Uh it's uh basically built specifically for AI and Microsoft says that it'll be running in its data center with its super intelligent uh uh business, basically to run its own and uh open AI models. And so it's just kind of getting started using the chip. uh and then eventually it'll open it up uh to third-party customers to be able to use from Microsoft's data center. So it's not exactly selling these chips at all. uh but if people want to be able to run some apps using it, they will be able to when they sign up for for Azure and and such. This is down the line again. Uh and it really is basically uh a response to two things. One is uh Google and Amazon uh and their own chips. We've seen Google, they're on their seventh generation custom AI chip. Amazon has their third generation uh chip as well. And then to kind of reduce their reliance on Nvidia's chips. So it's it's kind of a threat to Nvidia. 01:05 Dan As we've seen from, you know, uh the the headlines where you know, Google announces its a new chip, Amazon announces a new chip. You know, this this idea of Microsoft and Google and Amazon being threats to to Nvidia is real in the sense that it takes away business from Nvidia that that these companies would would ordinarily be. Uh but I I don't see this as being something along the lines of like, you know, an existential threat to uh Nvidia. Uh none of these chips are going to be kind of the as powerful uh or as uh general purpose as Nvidia's own chips. But it is still something that's worth keeping an eye on because Nvidia does get a lot of its revenue from these hyperscalers somewhere uh a little bit uh uh along the lines around 50%. Uh I believe a little uh a little more, a little less. uh uh but it's it's in that ballpark. Uh and so, you know, if at some point these companies decide to just go all in on their own chips, then that would be a blow to Nvidia. However, their customers of the these these big cloud co...

Richard Drury/DigitalVision via Getty Images News From the Weekend This has been one of the more eventful past weeks during the current Trump administration. The Davos conclave concluded with some semblance of clarity on what the fate of Greenland might be . A U.S. aircraft carrier strike group arrived off the shore of Iran as IRGC ground personnel scramble. China had a political upheaval, and Cuba is also becoming a possible blockade target, similar to what preempted activities in Venezuela. The market ( VOO , IVV , DIA , Q QQ , VTWO ) continues to stabilize after the tariff talk at the Davos outset subsides. Let's review. China Has Another Political Shake-up In what is being called the biggest CCP political arrest since 1971 [When Mao Zedong moved to strip Lin Biao of his power over the military], General Zhang Youxia, considered second in command to Xi Jinping in regard to the military and possibly the country, was purged. The majority of the PLA military command has now been purged or demoted for various charges. In the case of Zhang, the charge officially is leaking Chinese nuclear secrets to U.S. intelligence. While some are skeptical of the charge, believing it was levied to be serious enough to stick, what's done is done, and Xi Jinping has further consolidated power. One positive catalyst from this may be related to Taiwan and the possible delay of any possibility of a Chinese invasion. From the outside, the PLA now appears to be fractionalized and not all on the same page. Leadership positions may not be as desirable now with the series of purges that have occurred, and convincing those that are capable below the general rank to move up in command may be difficult. The reason why the arrest of Zhang Youxia was a big deal is that he was considered a close ally of Xi and widely respected. This is an important matter now making its way through Western media headlines. The Abraham Lincoln Has Arrived Many were counting the days until a new Iran strike during t...

美国财政部长斯科特·贝森特（Scott Bessent）周一表示，他已取消财政部与咨询公司博思艾伦汉密尔顿（Booz Allen Hamilton）的所有合同。此前该公司一名员工向媒体泄露了美国总统特朗普、亿万富翁杰夫·贝索斯（Jeff Bezos）和埃隆·马斯克（Elon Musk）等人的税务记录。 在财政部宣布这一决定后，博思艾伦汉密尔顿的股价一度下跌逾10%。 美国财政部表示，目前与博思艾伦汉密尔顿共有31份独立合同，年度支出总额为480万美元，合同总义务金额达2100万美元。 贝森特在一份声明中表示：“特朗普总统已授权其内阁坚决清除浪费、欺诈和滥用行为，取消这些合同是重建美国民众对政府信任的关键一步。” 责任编辑：张俊 SF065

Nat Sciver-Brunt hit the first century in Women's Premier League history as she helped Mumbai Indians earn a 15-run win over Royal Challengers Bengaluru. England captain Brunt plundered 16 fours and a six in a 57-ball innings as she helped MI post 199-4 from their 20 overs, while international team-mate Lauren Bell claimed 2-21 for RCB. Mumbai then restricted RCB to 184-9 despite a 50-ball 90 from Richa Ghosh as Hayley Matthews, who earlier hit 56, finished the pick of the bowlers with 3-10. All-rounder Sciver-Brunt's knock eclipsed the WPL's previous highest scores of 99 not out and 99 by Georgia Voll and Sophie Devine respectively. "It was a special moment to get that milestone but, more importantly, the runs on the board for the team," said 33-year-old Sciver-Brunt. "I was just reacting to the balls that were given to me. Tactically, some bowlers might be more of your strength than others. Some bowlers might be on fire that day, so may be better to try scoring against the others." Sciver-Brunt is the one of the WPL's best-paid players, earning between £320,000–£330,000 having been with Mumbai since the tournament's first season in 2023.

THOMASVILLE, Ga., Jan. 26, 2026 (GLOBE NEWSWIRE) -- Thomasville Bancshares, Inc. (OTCID: THVB), the parent company of Thomasville National Bank and TNB Financial Services, announced financial results for the year ended December 31, 2025. 2025 Highlights Net Income for the year of $44,704,791 compared to $39,270,458 in 2024, an increase of 14%. Earnings per share for the year were $6.94 (basic) and $6.73 (diluted). Pre-tax pre-provision income of $63.4 million, an increase of $10.4 million, or 20%, compared to 2024. Total revenue for the year of $148,834,557 including revenue from the Trust & Investment Division of $21.6 million. YTD Return on Average Assets of 2.33% and Return on Average Tangible Equity of 23.78%. Total Assets were $2.09 billion at year end, an increase of $195 million over 2024. Loans increased $226 million to $1.765 billion, which was 15% year-over-year. Deposits grew by $149 million to $1.8 billion, which was 9% year-over-year. Credit metrics remain strong with classified assets to average outstanding loans of .43% and non-performing to average outstanding loans of only .25%. While we were in a recovery position for the year, we expensed $6 million to our loan loss reserve bringing it to a robust 2.42% (Funded and Unfunded). The bank’s capital increased $32 million to $197 million, an increase of 16.2%. Total dividend paid for the year of $2.70, an increase of 17% over 2024, marking the 26 th consecutive year the dividend has increased. TNB Financial, provider of trust and investment services, now has client assets of over $5.5 billion. Stephen H. Cheney, Chairman and CEO, said, “We are obviously pleased to report our strong financial performance in 2025 which included record earnings and record growth. We were propelled by significant loan growth, an expanding margin and continued excellent operating efficiency. While we certainly do focus on expense control, we believe the key to efficiency is eliminating unnecessary bureaucracy, using common s...