Money managers from T. Rowe Price to AllianceBernstein are betting they can squeeze more gains from Argentina and Ecuador debt, sticking to some of the developing world’s best performers as the pool of distress opportunities dries up. The extra yield investors demand to hold both countries’ dollar bonds over US Treasuries has fallen below the 10-percentage point threshold — commonly used to mark d...
Money managers from T. Rowe Price to AllianceBernstein are betting they can squeeze more gains from Argentina and Ecuador debt, sticking to some of the developing world’s best performers as the pool of distress opportunities dries up. The extra yield investors demand to hold both countries’ dollar bonds over US Treasuries has fallen below the 10-percentage point threshold — commonly used to mark distress — a far cry from the astronomic risk rewards of recent years. The rally comes as sovereign bond risk in emerging markets fell to the lowest in 13 years, a sign of growing confidence in the asset class but also shrinking the universe of high-yielding assets. Outsize gains in Venezuela and Lebanon bonds at the start of this year have further limited opportunities in the space. Developing markets are also benefiting from investors shunning the US and other advanced markets over tensions in global trade and concerns over fiscal discipline. While risks were evident this week as global markets sold off , demand for high-yield remains strong. Benin , which postponed a debt sale amid the turmoil, is back selling Africa’s first foreign-currency bond of the year. The Democratic Republic of Congo is preparing its debut in international debt markets. Read More: Congo Plans to Raise $750 Million With Maiden Eurobond Sale That has money managers jostling for just a handful of lucrative trades in emerging markets after a stellar 2025 — with the two South American markets chief among them. “Argentina and Ecuador aren’t really distressed anymore, but we like the risk-reward in those countries as policy normalizes and they regain market access,” said Katrina Butt , portfolio manager at AllianceBernstein, who’s overweight on the countries’ bonds. The two countries are making a comeback after a series of defaults as their leaders delivered promising market-friendly reforms and demonstrated broad-based support in the past year. Argentina’s President Javier Milei alleviated investor conc...
Neurophos is taking a crack at solving the AI industry's power efficiency problem with an optical chip that uses a composite material to do the math required in AI inferencing tasks.
Neurophos is taking a crack at solving the AI industry's power efficiency problem with an optical chip that uses a composite material to do the math required in AI inferencing tasks.
Neurophos is taking a crack at solving the AI industry's power efficiency problem with an optical chip that uses a composite material to do the math required in AI inferencing tasks.
Neurophos is taking a crack at solving the AI industry's power efficiency problem with an optical chip that uses a composite material to do the math required in AI inferencing tasks.
The stock market has been on a wild ride over the past month. Since our December Monthly Meeting, there has been a steady stream of news from Washington, including a surprise U.S. military operation in Venezuela and tariff threats related to Greenland. President Donald Trump on Wednesday backed away from imposing European tariffs, telling CNBC in an interview from Davos, Switzerland, that he reach...
The stock market has been on a wild ride over the past month. Since our December Monthly Meeting, there has been a steady stream of news from Washington, including a surprise U.S. military operation in Venezuela and tariff threats related to Greenland. President Donald Trump on Wednesday backed away from imposing European tariffs, telling CNBC in an interview from Davos, Switzerland, that he reached a "concept of a deal" regarding Greenland. Trump also said that Venezuela will receive some revenue from the sale of 50 million barrels of oil that it shipped to the United States. From Dec. 15 to Wednesday's close, the S & P 500 and Nasdaq gained 0.8% and 0.7%, respectively. Qnity Electronics, Boeing , and Texas Roadhouse were our top-performing stocks over the stretch. Each handily beat the market, securing double-digit percentage gains. Here's a look at what drove our three best and our three worst — Apple , CrowdStrike , and Salesforce — ahead of the Club's January Monthly Meeting, which will be livestreamed Thursday at noon ET. Top 3 Qnity Electronics: up 30.1% The DuPont spinoff, which supplies materials for semiconductor fabrication, surged amid broader strength across the chipmaking cohort. A solid quarterly earnings report from chipmaking giant Taiwan Semiconductor Manufacturing , in particular, lifted shares earlier this month. TSMC management said it was increasing its capital budget due to strong demand. Investors saw that as a positive read-through for supply-chain players like Qnity. A handful of positive Wall Street analyst calls on Qnity also lifted sentiment. Boeing: gained 22.6% Shares jumped on positive demand signs for the U.S. company's aircraft, securing a new 52-week high on Wednesday. Boeing on Tuesday announced more orders with Ethiopian Airlines. The bulk of Boeing's monthly gains came after news last week that it outsold European rival Airbus in 2025 for the first time since 2018. Alaska Airlines ' order of more than 100 Boeing jets earlier thi...
Romanian player accuses opponent after defeat Osaka: ‘I don’t react well to being casually disrespected’ The courtside photographer pit was already full 10 minutes before call time on Thursday night inside Margaret Court Arena. As all cameras pointed directly at the players’ entrance, it was not difficult to understand why they were there. A day earlier, Osaka had produced one of the enduring imag...
Romanian player accuses opponent after defeat Osaka: ‘I don’t react well to being casually disrespected’ The courtside photographer pit was already full 10 minutes before call time on Thursday night inside Margaret Court Arena. As all cameras pointed directly at the players’ entrance, it was not difficult to understand why they were there. A day earlier, Osaka had produced one of the enduring images of the 2026 Australian Open, marching on to Rod Laver Arena in an outrageous outfit inspired by a jellyfish . This time, before her gritty, contentious 6-3, 4-6, 6-2 second-round win over Sorana Cirstea, she opted to leave the hat and veil back in her locker room. Continue reading...
Renaud Capuçon (Deutsche Grammophon) These performances of Bach’s solo works are elegant and persuasive – balancing a modern tone with an alert awareness of period style To celebrate his 50th birthday, Renaud Capuçon has recorded Bach’s solo sonatas and partitas, works the French violinist has been familiar with since childhood. These impressive accounts are elegant and thoughtful, his generous to...
Renaud Capuçon (Deutsche Grammophon) These performances of Bach’s solo works are elegant and persuasive – balancing a modern tone with an alert awareness of period style To celebrate his 50th birthday, Renaud Capuçon has recorded Bach’s solo sonatas and partitas, works the French violinist has been familiar with since childhood. These impressive accounts are elegant and thoughtful, his generous tone lit up from within with sufficient vibrato to caress the ear while simultaneously acknowledging current thinking on period performance practice. Tempi are steady throughout, occasionally leisurely in slow movements, but always persuasive. There’s a generous body to his sound and a tasteful restraint when it comes to decoration. Phrasing is instinctual, his articulation of Bach’s fugal elements a model of clarity, while his sure-footed handling of the various doubles and prestos eschews any sense of virtuosity for virtuosity’s sake. In the mighty chaconne that ends the D minor partitas, Capuçon finds a reflective lightness and intimacy that frequently draws the ear. Continue reading...
Club continues January push for experienced players Kelly Gago wants to leave Everton, says Brian Sørensen Leicester have signed the Switzerland forward Alisha Lehmann from FC Como. The WSL club have been targeting experienced players this month, having often had the youngest average age in the division in their starting XI this season. Lehmann, who has played in England’s top flight for West Ham,...
Club continues January push for experienced players Kelly Gago wants to leave Everton, says Brian Sørensen Leicester have signed the Switzerland forward Alisha Lehmann from FC Como. The WSL club have been targeting experienced players this month, having often had the youngest average age in the division in their starting XI this season. Lehmann, who has played in England’s top flight for West Ham, Everton and Aston Villa, has 64 caps and was part of the squad at Euro 2025, hosted by Switzerland. She has signed a contract at Leicester to 2028. Continue reading...
Central heating and chilly temperatures playing havoc? Our beauty expert shares her go-to fixes to hydrate and repair • The best hand creams to soften dry and chapped skin January has brought with it dark days, freezing temperatures and Arctic winds. Combined with drying central heating, your skin and hair may look and feel thoroughly out of sorts. Adding a few extra steps to your routine to hydra...
Central heating and chilly temperatures playing havoc? Our beauty expert shares her go-to fixes to hydrate and repair • The best hand creams to soften dry and chapped skin January has brought with it dark days, freezing temperatures and Arctic winds. Combined with drying central heating, your skin and hair may look and feel thoroughly out of sorts. Adding a few extra steps to your routine to hydrate and repair can help, as could some carefully chosen swaps if your skin is particularly parched or irritated. Continue reading...
Apple (AAPL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Apple (AAPL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Apple (AAPL) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expect...
Apple (AAPL) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on January 29, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. Zacks Consensus Estimate This maker of iPhones, iPads and other products is expected to post quarterly earnings of $2.65 per share in its upcoming report, which represents a year-over-year change of +10.4%. Revenues are expected to be $137.47 billion, up 10.6% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has been revised 0.45% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Price, Consensus and EPS Surprise Chart for AAPL Earnings Whisper Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate fo...
A small number of Chinese satellites and space debris forced SpaceX’s Starlink fleet to execute a large number of collision avoidance manoeuvres last year, as both sides complained of safety challenges from rival internet megaconstellations. The largest culprit was Hongqing Technology’s Honghu-2 satellite, which accounted for 1,143 such manoeuvres. The experimental satellite was launched aboard La...
A small number of Chinese satellites and space debris forced SpaceX’s Starlink fleet to execute a large number of collision avoidance manoeuvres last year, as both sides complained of safety challenges from rival internet megaconstellations. The largest culprit was Hongqing Technology’s Honghu-2 satellite, which accounted for 1,143 such manoeuvres. The experimental satellite was launched aboard LandSpace’s Zhuque 2 Y-3 rocket in December 2023. Such manoeuvres consume fuel and shorten a...
In this article WBD PSKY NFLX Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 2:46 02:46 Why Europe will be so important to a WBD deal Digital Original A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign up to receive future editions, st...
In this article WBD PSKY NFLX Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 2:46 02:46 Why Europe will be so important to a WBD deal Digital Original A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign up to receive future editions, straight to your inbox. The future of the Warner Bros. Discovery company – its iconic movie studio, HBO Max, and its cable networks, including CNN, TBS, TNT, Discovery and HGTV – may come down to what European regulators think about Netflix . That's a pretty crazy twist for a deal that will dictate the future of many valuable American sports rights – assets that, for the most part, have very little to do with Europe. A quick refresher: WBD owns many live U.S. sports rights, including those to March Madness, Major League Baseball, the National Hockey League, NASCAR, the French Open, AEW, the College Football Playoffs and others. But those rights wouldn't go to Netflix under WBD's agreed-upon deal to sell some of its assets to the streaming giant. Netflix has agreed to pay $27.75 per share for the WBD movie studio and streaming business, but not the cable networks, which own the sports rights. If the deal is approved, those networks would get spun out into a separate publicly traded entity called Discovery Global, which would also own Bleacher Report, House of Highlights and WBD's other digital assets. If WBD shareholders accept a hostile takeover attempt from Paramount Skydance , however – and if that deal is approved – the cable networks and associated sports would all fall under the Paramount umbrella. Paramount has bid $30 per share for the entirety of WBD – an offer it has taken directly to shareholders after the WBD board rejected it. Paramount on Thursday extended the deadline on its tender offer — which expired Wednesday — giving WBD shareholders more time to weigh the ...
US Senator Elizabeth Warren and three other Senate Democrats are asking Treasury Secretary Scott Bessent to launch a probe into large debt packages supporting artificial intelligence and the risks they pose to the financial system. Big technology companies are poised to spend trillions of dollars on the infrastructure needed to power AI models. While historically such spending has been paid for wi...
US Senator Elizabeth Warren and three other Senate Democrats are asking Treasury Secretary Scott Bessent to launch a probe into large debt packages supporting artificial intelligence and the risks they pose to the financial system. Big technology companies are poised to spend trillions of dollars on the infrastructure needed to power AI models. While historically such spending has been paid for with company profits or equity, these companies are increasingly turning to private financing partners and “complex and opaque” debt markets for “staggering” sums, according to the Jan. 22 letter seen by Bloomberg News. “AI companies unable to rapidly increase revenues and service their massive debt loads could cause destabilizing losses for an interconnected set of financial institutions, triggering a broader financial crisis that harms the economy,” the lawmakers wrote. Senators Richard Blumenthal , Chris Van Hollen and Tina Smith also signed the letter. The senators are asking the Financial Stability Oversight Council, a body created in the aftermath of the 2008 financial crisis, to launch a formal investigation. At least $3 trillion is expected to be spent on data-center-related investments over the next five years, according to Moody’s Ratings. Much of that is expected to come from various areas of the credit markets. Read More: Data Centers Will Need $3 Trillion Through 2030, Moody’s Says Warren, who has penned dozens of letters to the Trump administration seeking more information on widespread financial risks, and the other senators asked the FSOC for a response by Feb. 13. Democrats are in the minority in the Senate. The letter specifically mentioned financing from Blue Owl Capital Inc. and Pacific Investment Management Co. to develop the Hyperion data center for Meta Platforms Inc. The deal was done through a special-purpose vehicle, which allowed Meta to keep the debt off its balance sheet. Upon completion, Meta will lease its data center from the SPV. Elon Musk ’s ...
Inferact, an AI startup formed by the creators of open-source software vLLM, has raised $150 million in a seed funding round that values the company at $800 million. The round was led by venture firms Andreessen Horowitz and Lightspeed, with backing from Sequoia Capital, Altimeter Capital, Redpoint Ventures and ZhenFund, the company said Thursday. Startups like Inferact are focused on the inferenc...
Inferact, an AI startup formed by the creators of open-source software vLLM, has raised $150 million in a seed funding round that values the company at $800 million. The round was led by venture firms Andreessen Horowitz and Lightspeed, with backing from Sequoia Capital, Altimeter Capital, Redpoint Ventures and ZhenFund, the company said Thursday. Startups like Inferact are focused on the inference stage of artificial intelligence — the phase after AI models are trained and can begin answering questions and solving problems. The company is betting that the AI industry’s biggest challenge in the future won’t be building new models, but operating the ones that already exist cheaply and reliably. Inferact was built around vLLM, an open-source project launched in 2023 that helps companies run AI models efficiently on data center hardware. The software — started at the University of California at Berkeley and now overseen by the PyTorch Foundation — has drawn thousands of contributors from across the AI industry, according to Inferact and its investors. Inferact is led by Chief Executive Officer Simon Mo, one of the original maintainers of vLLM. Mo said the company was founded in November 2025 and is being introduced publicly this week. He compared its origins to earlier software projects that emerged from Berkeley before evolving into larger businesses, including Apache Spark and Ray. Andreessen Horowitz’s involvement dates back to the early days of the vLLM project. Matt Bornstein , a general partner at the firm, said vLLM was the first recipient of the company’s AI Open Source Grant program in 2023. That effort aims to support students and developers working on open-source software, which can be freely viewed and modified. Andreessen Horowitz also hosted the project’s first community meetup, helping build ties with the team well before Inferact was formed. Investors say their interest reflects a broader shift in the AI industry. Companies once spent years waiting for ...
Collaboration Expansion Accelerates Digital Modernization Support for Government Agencies.Colorado Springs, Colorado--(Newsfile Corp. - January 22, 2026) - TeKnowledge, a global expert technology services company specializing in AI, Customer Experience and Cybersecurity, today announced an expansion of its strategic partnership with Carahsoft Technology Corp., The Trusted Government IT Solutions P...
Collaboration Expansion Accelerates Digital Modernization Support for Government Agencies.Colorado Springs, Colorado--(Newsfile Corp. - January 22, 2026) - TeKnowledge, a global expert technology services company specializing in AI, Customer Experience and Cybersecurity, today announced an expansion of its strategic partnership with Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®. This renewed collaboration extends managed technical support services for Microsoft 365...