格隆汇1月29日｜南非10年期政府兰特债收益率跌破8%。

SAP CEO Christian Klein speaks with "Bloomberg: The Opening Trade" about the company's results and how AI has become a key driver for growth at SAP. He discusses his optimism in 2026 outlook for the cloud software firm. He also says that despite more market exuberance for chip and hardware firms recently, as opposed to software firms like SAP, he sees the true value creation for AI in the apps layer. (Source: Bloomberg)

格隆汇1月29日｜周四，由于投机客受需求强劲预期鼓舞，并受到美元走软和地缘政治担忧的支撑，继续扩大买盘，铜价创下每公吨超过1.4万美元的历史新高。他们忽略了一些分析师的警告，即高昂的价格会抑制工业消费者的实物需求，且目前的供需基本面并不支持这一价格水平。伦敦金属交易所基准三个月期铜在亚洲交易时段一度大涨7.9%，创下每公吨14,125美元的历史新高。Britannia Global Markets分析师Neil Welsh在报告中表示：“受多头激烈的投机交易推动，铜价创下了多年来最大的单日涨幅。投资者正纷纷涌入基本金属，预期美国经济增长将走强，且全球在数据中心、机器人和电力基础设施方面的支出将增加。”美元指数走软也为金属价格提供了支撑。美元指数接近多年低点，使得以美元计价的大宗商品对使用其他货币的买家来说更加便宜。

①储能+液冷服务器+芯片+数据中心+光刻机+宁德时代概念！公司拟定增募资不超12亿元用于液冷温控项目，去年净利润预增超五成；②芯片+光刻机+光伏+存储芯片+中芯国际概念+第三代半导体！公司拟收购国内领先石英加工企业控制权，股票明起停牌；③芯片+存储+AI眼镜+机器人+先进封装+国家大基金持股！存储价格持续上涨，公司去年净利同比预增超150%。

Aryna Sabalenka will face Elena Rybakina in the Australian Open final after the world number one beat Elina Svitolina 6-2 6-3, despite being called for hindrance by umpire Louise Azemar Engzell for grunting during a rally. READ MORE: Sabalenka to face Rybakina in Melbourne final Available to UK users only.

is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Posts from this author will be added to your daily email digest and your homepage feed. A Waymo robotaxi struck a child near an elementary school in Santa Monica, California, on January 23rd, causing minor injuries and prompting the National Highway Traffic Safety administration to open an investigation. The incident occurred during normal school drop off hours, with other children, a crossing guard, and several double-parked vehicles in the vicinity, NHTSA said. The child ran across the street from behind a double-parked SUV toward the school and was struck by the Waymo vehicle. In a blog post, Waymo said its vehicle was traveling at 17mph when its autonomous system detected the child and then “braked hard,” reducing its speed to 6mph before “contact was made.” The child “stood up immediately, walked to the sidewalk,” and Waymo said it called 911. “The vehicle moved to the side of the road, and stayed there until law enforcement cleared the vehicle to leave the scene,” it said. NHTSA’s Office of Defects Investigation said it would examine whether “exercised appropriate caution given, among other things, its proximity to the elementary school during drop off hours, and the presence of young pedestrians and other potential vulnerable road users.” The office also will look into Waymo’s “intended behavior in school zones and neighboring areas, especially during normal school pick up/drop off times, including but not limited to its adherence to posted speed limits.” Waymo claims that its autonomous system’s reaction likely prevented more serious injuries to the child. Citing its own model, it said that a “fully attentive human driver in the same situation would have made contact with the pedestrian at approximately 14 mph. This significant reduction in impact speed and severity is a demonstration of...

Andrii Yalanskyi Nonfarm labor productivity rose by 4.9% Q/Q in Q3, unchanged from the preliminary estimate and accelerating from +3.3% in Q2, according to data released by the Bureau of Labor Statistics on Thursday. Output increased 5.4% sequentially, while hours worked gained 0.5%. Y/Y, productivity advanced 1.9%. Unit labor cost growth decreased 1.9% Q/Q in Q3, unrevised from the initial estimate released on Jan. 8, vs. +1.0% in the prior quarter. That reflects a 2.9% rise in hourly compensation and a 4.9% gain in productivity. Unit labor costs accelerated 1.3% over the last four quarters. Since Q4 2019, the start of the current business cycle, labor productivity has grown at a 2.0% annualized rate, surpassing the 1.5% rate of the prior business cycle (Q4 2007 - Q4 2019) and slightly trailing the long-term rate of 2.1% since Q1 1947, the BLS said . Manufacturing sector labor productivity rose 3.7% Q/Q in Q3, as output +3.0% and hours worked -0.7%. Unit labor costs in the manufacturing sector increased 1.1% in Q3, reflecting a 4.8% gain in hourly compensation and a 3.7% advance in productivity. More on the U.S. Economy Dollar Gyrations, But Little Changed Ahead Of The North American Session U.S. Dollar Stakes Get Raised - What To Do Now In The Rates Space? Wall Street Lunch: Fed Holds, Powell Sidesteps Fed’s labor market confidence looks premature, says Pantheon Macroeconomics Markets see ‘boring’ reaction to Fed’s pause with U.S. stocks flat

NEW YORK, Jan. 29, 2026 /PRNewswire/ -- NewReputation , a New York–based online reputation management company, reported strong growth in 2025 as AI-driven search features reshaped how people and businesses are evaluated online. According to the company's 2025 Year-End Report , NewReputation achieved 59% year-over-year revenue growth and a 500% increase in new customers, driven by rising demand for tools that help individuals and organizations understand and manage how they appear in AI-generated search summaries. The growth comes as Google and other platforms expand AI overviews that summarize people and businesses directly on the search results page. Industry research estimates that 50% of Google searches now display AI-generated summaries . As a result, many users form opinions before ever clicking through to websites, reviews, or profiles. NewReputation says this shift is changing how reputation issues appear. Based on 2025 client intake data, many new customers reported stalled leads and fewer inbound inquiries despite no changes to their online presence. In most cases, AI summaries were surfacing outdated, incomplete, or unbalanced information. "By 2026, roughly half of Google searches already include AI summaries, and that number is on track to climb past 75 percent," said Kevin Curran , founder and CEO of NewReputation. "We see the impact every day. People come to us because something feels off. Leads slow down and conversations stop, even when nothing has changed internally. The shift is happening at the top of the search page, where an AI summary starts telling the story for them." In response, NewReputation redesigned its platform in 2025 to make online reputation data easier to understand at a glance. The updated interface allows users to see how they appear across search engines, review platforms, and AI-generated summaries without technical expertise. NewReputation also launched new tools to turn reputation risk into measurable insights, including the R...

当地时间1月29日，俄罗斯总统新闻秘书佩斯科夫在回应有关普京是否有意与乌克兰总统泽连斯基在阿联酋会晤的问题时表示，俄方目前仍视莫斯科为与乌总统会见的地点。他还表示，泽连斯基未对俄方再次邀请其前往莫斯科进行谈判作出反应。（央视新闻）

Universal credit to rise faster than inflation, benefit hurdles eased, extra help for children and young people … I bet you had no idea It’s the good this government does that can make you hold your head in your hands and sigh. Ask people what they think of Labour policy on benefits and they will probably talk of seizing the winter fuel allowance from freezing pensioners. Or that £5bn snatched from disabled people, until Labour’s own MPs prevented it. These were the signifiers that set the wrong tone early on. Late, far too late, abolishing the two-child limit has not made the same impression on public perceptions, despite the Joseph Rowntree Foundation (JRF) this week reporting it as being behind what could be the greatest ever fall in child poverty in a parliament . The government fails to herald its progress in reversing the worst the Tories did to benefits. Why? I’m not sure if it is ineptitude or a political decision not to trumpet its many progressive policies. Polly Toynbee is a Guardian columnist Continue reading...

More on Mastercard Mastercard: Just Keep Swiping, Just Keep Swiping; More Growth Ahead Mastercard: A Fire To Run Towards Mastercard: 14.5% Dividend Raise Impressive, But Valuation Could Cap Future Returns Mastercard Q4 earnings beat powered by healthy consumer, business spending Visa, Mastercard quarterly earnings seen trending up on payment volume growth

财联社1月29日讯（记者 吴蔚玲） 超市调改成效显现， 步步高 （002251.SZ）预计2025年扣非净利润同比减亏超八成。但受重整收益大幅减少影响，预计同期归母净利润将同比下滑。 今日晚间，步步高公告称，预计2025年归母净利润1亿元至1.5亿元，同比下降87.62%至91.75%；预计扣非后归母净利润为-1.26亿元至-1.89亿元，同比减亏80.67%至87.11%。 公告提到，归母净利润同比下滑，主要由于2024年公司依据重整计划，确认大额重整收益28.79亿元，而2025年重整收益大幅减少所致。 对于扣非后归母净利润大幅减亏，步步高方面表示，主要得益于公司大刀阔斧的变革举措与胖东来的深度帮扶，持续提升“品质+服务”经营策略，聚焦核心优势区域，通过优化门店布局、提升运营效率等举措，有效提升了整体门店特别是单店的效能和盈利能力。 在门店体验上，步步高通过场景化改造实现业态升级，调改门店非食品销售占比从32%提升至47%，同时带动客单价提升。以长沙金星路店为例，公司方面介绍，通过调改门店升级为3.0版“智慧卖场”，客单价提升28%。商品端，公司推出自有品牌BL，以“高性价比+差异化”定位，为门店打造商品标签，助力经营质效提升。 伴随超市调改成效显现，步步高将“胖改”进一步延伸至购物中心板块。财联社记者从公司人士处获悉，步步高广场衡阳店、湘潭店、永州店已于2025年下半年陆续进入改造，今年将以新品牌、新服务、新形象亮相。

shaunl The U.S. international trade in goods and services deficit widened by 94.6% to $56.8B in November from $29.2B in October (revised from $29.4B), according to data from the U.S. Census Bureau released on Thursday. The figure compares with the deficit consensus of $45.0B. The increase reflected a rise in the goods deficit of $27.9B to $86.9B and an increase in the services surplus of $0.3B to $30.1B. In November, exports came at $292.1B, down by $10.9B in the prior month. Imports stood at $348.9B, $16.8B more than in October. More on U.S. Economy Odds of another government shutdown fall as potential deal may be in the works Investors should expect two rate cuts by June – strategist

sarawuth702/iStock via Getty Images Note: I have covered Richtech Robotics Inc., or "Richtech" ( RR ) previously, so investors should view this as an update to my earlier articles on the company. Richtech Robotics overview On Tuesday, shares of aspiring robotics solutions provider Richtech Robotics soared by 45% on massive volume: Barchart.com Speculative investors and traders started chasing the shares after the company announced a " hands-on collaboration " with Microsoft ( MSFT ) to jointly " develop and deploy agentic artificial intelligence capabilities in real-world robotic systems ". Through close collaboration between Richtech Robotics’ engineering team and Microsoft’s AI Co-Innovation Labs, the companies worked together to enhance Richtech Robotics’ ADAM robot with adaptive intelligence powered by Azure AI . The collaboration focused on applying vision, voice, and autonomous reasoning to physical environments, enabling robots to move beyond task execution and support more contextual, conversational, and operationally aware interactions. (...) For my part, I was surprised by the violent rally as the collaboration was featured in Microsoft's AI Blog last week already and also mentioned in Richtech Robotics' annual report on form 10-K which was filed with the SEC on January 20: Subsequent to September 30, 2025, we entered into a non-commercial technology collaboration agreement with Microsoft Corporation through the Microsoft AI Co-Innovation Lab to support the evaluation and development of certain artificial intelligence workflows. Judging by the share price increase, market participants valued the research and development collaboration at approximately $365 million which, at least in my opinion, does not make much sense, particularly given the non-commercial character. The company did not hesitate to take advantage of the move by selling additional shares at elevated prices: Richtech Robotics (...) has entered into a definitive agreement with a fundamentally...

UPS expects this year will be a turning point. UPS (UPS 3.26%) recently closed the books on 2025. It was another down year for the global logistics giant, as both its revenue and earnings declined. The company battled global trade headwinds and a strategic decision to reduce its reliance on its top customer, Amazon. Despite those weaker financial results, 2025 was a year of progress for the company. It anticipates further improvement in 2026. Here's a look at what has transpired over the past year and where the company expects to be a year from now. 2025 rewind UPS' revenue declined by nearly 3% in 2025 to $88.7 billion, while its adjusted earnings per share fell by over 7% to $7.16. The main factor driving the revenue decline was the company's strategic decision to reduce the volumes it ships for Amazon by 50% by the end of this year. At its peak, Amazon accounted for 20% to 25% of UPS' U.S. network volume. However, the e-commerce giant only contributed around 12% of its revenue because these volumes are less lucrative. The company has been working to offset the impact of this volume reduction through cost saving and investing to expand its higher-margin revenue streams. The company eliminated 48,000 positions, closed 93 buildings, and deployed automation at another 57 facilities last year as part of an initiative to deliver $3.5 billion in annualized cost savings, which it achieved. Expand NYSE : UPS United Parcel Service Today's Change ( -3.26 %) $ -3.50 Current Price $ 103.70 Key Data Points Market Cap $88B Day's Range $ 103.59 - $ 108.18 52wk Range $ 82.00 - $ 123.70 Volume 13K Avg Vol 6.2M Gross Margin 18.44 % Dividend Yield 6.33 % UPS also invested in expanding its complex logistics capabilities. It completed its acquisitions of Frigo-Trans and BPL last January to bolster its complex healthcare logistics solutions in Europe. It followed that up by closing its $1.6 billion purchase of Andlauer Healthcare Group in November, accelerating its expansion as a globa...

Palantir (PLTR) Stock: Why Analysts See 42% Upside After Recent Drop Blockonomi

格隆汇1月29日｜伦敦金属交易所(LME)三个月期锡涨4.6%，创下58,505美元/吨的历史新高。

2025年中国内地个人奢侈品市场销售额同比下降3%-5%；二手市场销售额则实现15%-20%的快速增长 【财新网】 中国奢侈品消费在2025年三季度出现复苏，2025年全年降幅收窄。1月29日，咨询公司贝恩发布的《2025年中国个人奢侈品报告》（下称“报告”）显示，2025年中国内地个人奢侈品市场销售额同比下降3%-5%，较2024年17%-19%的降幅有所收窄。 贝恩预计中国个人奢侈品市场将在2026年实现适度增长，但仍将保持全球奢侈品市场增长的基石地位。贝恩公司全球合伙人、亚太区消费者体验业务主席Priscilla Dell’Orto表示，在整体增长放缓的背景下，消费疲软的趋势会进一步拉开领先品牌和落后品牌之间的差距，推动消费者向少数的优势品牌进一步集中。

The US trade deficit widened in November from the lowest level since 2009 as imports rebounded and exports fell, highlighting wide monthly swings in response to the Trump administration’s vacillating tariffs. The goods and services trade gap nearly doubled from the prior month to $56.8 billion, Commerce Department data showed Thursday. The median estimate in a Bloomberg survey of economists was for a $44 billion deficit. Imports increased 5%, reflecting increased shipments of pharmaceutical preparations and capital goods. The value of all US goods and services exports fell 3.6% in November. The figures aren’t adjusted for inflation.

Advanced Micro Devices (AMD) has been drawing fresh attention as investors weigh its recent share performance against its current fundamentals, including US$32.0b in revenue and US$3.1b in net income over the latest reported year. At a share price of US$252.74, AMD’s recent 17.22% 1 month share price return sits against a slightly negative 90 day move, while a very large 1 year total shareholder return suggests momentum has largely been building over a longer horizon. If AMD’s move has caught your eye, it could be a good moment to see what else is happening across high growth tech and AI names using our . With AMD posting US$32.0b in revenue and US$3.1b in net income, plus a long term total return that is a multiple of your original capital, the real question is whether the current price still leaves upside on the table or if the market is already baking in much of the future growth story. Advertisement Most Popular Narrative: 6.4% Undervalued Against AMD’s last close at $252.74, the most followed narrative pegs fair value at $270.00, suggesting some room between current pricing and that view. AMD has evolved into a formidable player in AI and enterprise compute, propelled by leadership in CPUs (EPYC) and a growing presence in GPUs (Instinct MI series). With solid revenue and earnings growth, strong analyst upgrades, and a valuation that still looks reasonable compared to peers, AMD offers a balanced play on AI infrastructure growth. Curious what sits behind that fair value number? The narrative leans heavily on compound revenue expansion, rising margins and a future earnings profile tied closely to AI infrastructure demand. Result: Fair Value of $270.00 (UNDERVALUED) However, that thesis could crack if competitive pressure in AI GPUs persists, or if export controls and higher chip production costs weigh more heavily on margins than expected. Another Angle On Valuation That 6.4% undervalued narrative sits awkwardly next to AMD’s current P/E of 131.4x, which is rough...

Big Tech earnings season has begun! All tech companies — especially the "Magnificent Seven" — have a lot to prove. Investors want it all right now, from great 2026 guidance to signs these companies made money from AI investments in the fourth quarter. "I do think that there will eventually be a correction [in tech]," prominent venture capitalist Bill Gurley said in a new episode of Yahoo Finance's Opening Bid Unfiltered podcast (listen below). "And one of the reasons that I feel strongly about that is that so many of the players, so many of the competitors, especially the deep-pocketed venture-[backed], ones that have raised tons of venture capital, they're losing massive amounts of money." "More than Uber ever lost, which was a lot and more than Amazon ever lost," he added. "And so the burn rates are bigger than they've ever been in the history of venture capital. And eventually they're going to want to bring those in." The first crop of tech earnings didn't exactly deliver on every single front I just mentioned, though some excelled. 🔥 A more efficient Tesla, with the same big ambitions I loved the more emotional Elon Musk on the Tesla (TSLA) earnings call, loved that he thinks we are entering an age of amazing abundance, and appreciated that he got sad when talking about scrapping the Model S and Model X to cut costs and use their respective factory lines to make humanoid robots. Maybe the Cybertruck should be next — who doesn't hate trying to park a car next to one of those monsters? So why did investors like the quarter (shares are up 2% on Thursday as of this writing), where total deliveries tanked 16% because people don’t want electric cars? One, there were signs throughout the earnings call that Tesla is entering a period in which robotaxis and humanoids will be key contributors to the business. Two, Musk said Tesla needs to build and operate what he is calling a “TeraFab” to manufacture semiconductors. This will cost billions, as Intel (INTC) can attest. Bu...

1月29日，界面新闻从天眼查APP获悉，近日，UC浏览器关联公司广州市动景计算机科技有限公司被东莞市文化广电旅游体育局没收违法所得21万余元，并处罚款105万余元，合计罚没126万元。处罚事由显示，该公司未经著作权人许可，通过信息网络向公众传播其作品。 广州市动景计算机科技有限公司成立于2005年3月，法定代表人为王鑫，注册资本3亿人民币，经营范围包括软件服务、广告业、计算机零配件零售等，由杭州宝轩投资管理有限公司、广州大鱼快乐信息技术有限公司共同持股。该公司核心产品包括UC浏览器系列、UC头条、小萌圈等，为阿里巴巴集团成员。 UC浏览器及其关联公司曾多次受到处罚。2025年9月，中国网信网曾发布消息称，针对UC平台未落实信息内容管理主体责任，在热搜榜单主榜扎堆呈现极端敏感恶性案事件词条等非权威部门、权威媒体发布的信息，涉及网络暴力、未成年人隐私等相关话题，破坏网络生态秩序的问题，国家网信办指导广东省网信办，依据有关规定，对UC平台采取约谈、责令限期改正、警告、从严处理责任人等处置处罚措施。 2021年，央视3·15晚会还曾曝光UC浏览器涉嫌发布虚假违法医疗广告。据查实，发布“虚假医药广告”的违法主体为广州聚禾信息科技有限公司，其属于UC集团旗下关联公司，负责经营UC浏览器的广告发布业务。 调查数据显示，广州聚禾信息科技有限公司于2019年3月16日至2021年3月15日期间，在UC浏览器的“神马搜索”平台为473个广告主发布了608条违法广告，共收取广告费13464.04元。根据相关法律法规，广州市天河区市场监管局依法对涉案公司作出没收广告费用13464.04元、罚款约207万元的行政处罚，罚没金额共计209万元。 此次广州市动景计算机科技有限公司被罚，再一次对UC浏览器在相关信息发布方面的合规性提出了要求，后续平台需要进一步强化授权机制、建立侵权监测与处置流程，否则会面临更大合规风险和品牌损失。 本文来自微信公众号 “界面新闻” ，作者：侯瑞宁，36氪经授权发布。

farres tariq/iStock via Getty Images Canada recorded a trade deficit of C$ -2.20B in November of 2025. Exports in Canada decreased to $ 63.94B in November. Imports in Canada decreased to C$ 66.14B in November. More on Franklin FTSE Canada ETF Canada's output and new orders both fall at quicker pace in December Canada's inflation rate unchanged at 2.2% in November Seeking Alpha’s Quant Rating on Franklin FTSE Canada ETF Dividend scorecard for Franklin FTSE Canada ETF

Ruffer LLP grew its position in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM - Free Report) by 56.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 204,387 shares of the semiconductor company's stock after acquiring an additional 73,676 shares during the period. Taiwan Semiconductor Manufacturing comprises 3.2% of Ruffer LLP's portfolio, making the stock its 10th largest holding. Ruffer LLP's holdings in Taiwan Semiconductor Manufacturing were worth $57,083,000 at the end of the most recent quarter. Get TSM alerts: Sign Up Several other large investors have also recently added to or reduced their stakes in TSM. Heartwood Wealth Advisors LLC acquired a new position in Taiwan Semiconductor Manufacturing during the 3rd quarter worth approximately $32,000. Resources Management Corp CT ADV purchased a new stake in shares of Taiwan Semiconductor Manufacturing in the second quarter valued at approximately $32,000. Mid American Wealth Advisory Group Inc. purchased a new position in Taiwan Semiconductor Manufacturing in the second quarter worth $33,000. First Command Advisory Services Inc. lifted its holdings in Taiwan Semiconductor Manufacturing by 174.1% in the second quarter. First Command Advisory Services Inc. now owns 159 shares of the semiconductor company's stock valued at $36,000 after acquiring an additional 101 shares during the period. Finally, Fairman Group LLC boosted its position in shares of Taiwan Semiconductor Manufacturing by 171.2% during the 3rd quarter. Fairman Group LLC now owns 141 shares of the semiconductor company's stock worth $39,000 after purchasing an additional 89 shares in the last quarter. 16.51% of the stock is owned by hedge funds and other institutional investors. Taiwan Semiconductor Manufacturing Trading Up 1.1% Shares of TSM stock opened at $342.18 on Thursday. The company has a market capitalization of $1.77 trillio...

Elon Musk just reframed Tesla Inc (NASDAQ:TSLA) as a potential income stream. On Tesla's fourth-quarter earnings call, the billionaire outlined a future in which owners can add their vehicles to Tesla's autonomous robotaxi fleet. Basically, you can turn idle cars into revenue-generating AI assets. "I think it will provide an opportunity for a lot of customers to earn more by lending their car to the fleet than their lease cost to Tesla," Musk said. "You basically get paid to own a Tesla." Tesla's Robotaxi Marketplace Vision Musk described an opt-in system in which owners can add or remove their cars from Tesla's autonomous network, similar to how hosts list properties on Airbnb. With millions of AI-enabled vehicles already on the road, Musk argued the revenue opportunity is underappreciated. "We've got millions of cars with AI4 that can do this," he said. In Musk's vision, privately owned Teslas become a distributed mobility network—without Tesla owning the entire fleet. Autonomy As A Financial Product The pitch reframes Tesla vehicles from depreciating consumer products into yield-generating AI infrastructure. If autonomy scales, owners could offset—or potentially exceed—the cost of ownership by participating in the fleet. Musk said Tesla expects to operate autonomously in dozens of major cities by year-end, pending regulatory approval, with broader expansion dependent on local and federal rules. Why It Matters This is classic Musk platform thinking: transform hardware into a software-driven marketplace. If the model works, Tesla could take a cut of robotaxi revenue while expanding its network without massive fleet capex. Musk isn't selling cars—he's pitching AI assets that work while you sleep. If autonomy scales as promised, Tesla ownership could shift from a cost center to an income stream, turning the robotaxi thesis into one of the most powerful narratives in the stock. © Jefferson Graham-USA TODAY NETWORK via Imagn

Andrei Askirka Initial jobless claims for the week ended Jan. 24: -1K to 209K vs. 206K consensus and 210K prior (revised from 200K), according to data released by the Department of Labor on Thursday. Continuing claims for the week ended Jan. 17: 1.827M vs. 1.860M consensus and 1.865M prior (revised from 1.849M). Developing… Check back for updates. More on the US Economy Slow M2 Growth Fuels Stronger Economic Growth With Low Inflation Uncertainty May Lead To A Longer Fed Hold Odds of another government shutdown fall as potential deal may be in the works Consumer confidence swoons to lowest point in more than a decade

Innodata Selected by Palantir to Accelerate Advanced Initiatives in AI-Powered Rodeo Modernization ACCESS Newswire

ALT5 Sigma ( ALTS ) shares jumped over 9% premarket after its board authorized up to $100M for a stock buyback program below net asset value and of up to 50M shares, representing ~40% of all outstanding shares and 22% of shares on a fully diluted basis. In addition to the stock repurchase program, the board has authorized management to pursue strategic acquisitions of $WLFI tokens in the open market. ALT5 currently holds ~7.3B $WLFI tokens. Based on prevailing market conditions, these holdings represent ~$1.5B in estimated value as of our last quarterly filing with the SEC. More on ALT5 Sigma ALT5 Sigma Corporation: WLFI Treasury Makes It A High-Risk Bet ALT5 Sigma regains Nasdaq compliance after filing delayed report ALT5 Sigma pops after reporting Q3 2025 results Seeking Alpha’s Quant Rating on ALT5 Sigma Financial information for ALT5 Sigma

Docebo ( DCBO ) announced that the board of directors has approved a substantial issuer bid under which the company will offer to repurchase for cancellation up to $60B of its outstanding common shares at a price of $20.40 per common share. In connection with the offer, Docebo also announced preliminary financial results for the three months ended December 31, 2025 and financial guidance for the fiscal year ended December 31, 2026. The company intends to fund the offer through a combination of approximately $30B of cash on hand and an approximate $30B draw down on its credit facility. The company is seeking to increase the size of its credit facility from $50B to $100B, which increase has been conditionally approved by its lenders. Following the offer, the company expects to continue having access to liquidity which, combined with the cash flow that it expects to generate, will allow the company to continue investing in areas of growth, including through strategic investments such as acquisitions. Intercap Equity, which beneficially owns approximately 56.6% of the company’s issued and outstanding common shares, has informed the company that it does not intend to participate in the offer. The offer will be for up to approximately 10.23% of the total number of issued and outstanding common shares on a non-diluted basis. The company has temporarily suspended purchases of common shares pursuant to the company’s normal course issuer bid, which commenced on May 20, 2025 and expires no later than May 19, 2026. In connection with the Offer, Docebo also announced preliminary financial results for the three months ended December 31, 2025: Total revenue is expected to be between $62.7 and $63 million for the fourth quarter of 2025, an increase of 10% to 11% compared to $57 million for the fourth quarter of 2024. Adjusted EBITDA is expected to be between $12.9 and $13.2 million for the fourth quarter of 2025, an increase of 36% to 39% compared to $9.5 million for the fourth qua...

Guido Mieth/DigitalVision via Getty Images Gilat Satellite Networks ( GILT ), a small satellite broadband solutions provider from Israel, is up ~200% this past year. This may make investors think that its upside potential is already over. This stance has merit - after such a run, GILT no longer looks cheap. However, there is a reason this could be wrong. Despite its spike, it could well be that the market is misclassifying GILT as just another cyclical satellite ground-equipment vendor, whereas its core growth - in years to come - might well be in IFC or in-flight connectivity. Q3 results seem to indicate that something may be amiss with the received view. Yes, revenue did grow 58% year-over-year, guidance got raised, and both backlog and liquidity were strengthened. However, reported margins remained narrow, and there’s a disconnect between earnings and earnings potential, at least in the mid-term. These things indicate that Gilat is in the middle - not the end - of a transition. If that be so, the current run only reflects the market’s faith in execution potential, not complete implementation of it. The market still doesn’t discount the company’s IFC-led growth, its multi-orbit platform, and a lineup of large orders from aviation to military to communication. Not a SATCOM vendor any more It is interesting to note from GILT’s Q3 results that much of the 116% YoY growth in the commercial segment has come from in-flight connectivity (IFC). While management did not break out the in line numbers, they were unusually explicit that the Q3 growth was “primarily driven by the in-flight connectivity vertical.” It can be understood that a bulk of this growth came from the $60+ million Sidewinder ESA orders, the $7+ million IFC system orders, and rapid aircraft deployment growth with 350+ aircraft, 300k+ flight hours. This is a major shift in Gilat’s business, from the cyclical, one-time nature of SATCOM sales to the longer-term IFC business. This shift did not emerge suddenl...