watch now VIDEO 5:38 05:38 Treasury Secretary Bessent: Pres. Trump could decide on next Fed chair 'as soon as next week' Squawk Box After months of speculation and political intrigue, President Donald Trump is close to nominating the next chair of the Federal Reserve, Treasury Secretary Scott Bessent said Tuesday. The president has whittled down the field to four candidates to succeed current Chai...
watch now VIDEO 5:38 05:38 Treasury Secretary Bessent: Pres. Trump could decide on next Fed chair 'as soon as next week' Squawk Box After months of speculation and political intrigue, President Donald Trump is close to nominating the next chair of the Federal Reserve, Treasury Secretary Scott Bessent said Tuesday. The president has whittled down the field to four candidates to succeed current Chair Jerome Powell and a decision is forthcoming, Bessent told CNBC during an interview at the World Economic Forum in Davos, Switzerland. "My guess is the president will reach a decision maybe as soon as next week," he said during the " Squawk Box " interview. "We've had substantial conversations about this. We've run a process that started in September — 11 very strong candidates. We're now down to four candidates. The president has personally met with all of them, and it's going to be his decision." Bessent did not name the four finalists, though previous comments have indicated a field of five that included National Economic Council director Kevin Hassett, former Fed Governor Kevin Warsh, current Governors Christopher Waller and Michelle Bowman and BlackRock's chief fixed income strategist, Rick Rieder. Prediction markets have honed in on Hassett, Warsh and Waller, though White House officials have said Rieder also met with Trump, and he has gotten more interest. Recently, Warsh has become the front-runner on Kalshi, with Rieder and Waller trailing, following comments from Trump that he'd prefer Hassett stay in his current role. Bessent has run the screening process but did not indicate a personal preference. White House officials including Trump and the Treasury secretary have regularly criticized Powell both for his stewardship of monetary policy and setting of interest rates, as well as the way he has run the institution in general. Recent developments have seen the Justice Department subpoena Powell relating to the renovation project at Fed headquarters. Trump nominate...
Evercore ISI believes that Toast 's recent pullback has created a more attractive risk-reward setup. The investment firm upgraded the restaurant management software stock to an outperform rating from in line. Analyst Adam Frisch's $40 price target offers upside of 19% from where shares of Toast closed on Friday. Toast stock has slipped 12% over the past 12 months, opening the stock up to an attrac...
Evercore ISI believes that Toast 's recent pullback has created a more attractive risk-reward setup. The investment firm upgraded the restaurant management software stock to an outperform rating from in line. Analyst Adam Frisch's $40 price target offers upside of 19% from where shares of Toast closed on Friday. Toast stock has slipped 12% over the past 12 months, opening the stock up to an attractive buying opportunity, Frisch said. TOST 1Y mountain TOST 1Y chart "EV/EBITDA is down 44% off August highs and now discounts slower near-term U.S. adds and recurring [gross profit] growth rates in our view," the analyst wrote. "We could get some modest multiple expansion on higher projections. The risk/reward on shares seem much more skewed to the upside on a 12-month view, with some volatility (we est ~15%) around the 4Q print." Evercore ISI said its longer-term thesis remains intact, with 2026 shaping up as a transition year before growth reaccelerates in 2027 and beyond. He also expects average revenue per user and EBITDA growth to improve in the coming years. Frisch noted that the restaurant operating backdrop continues to improve and has risen to its highest level since 2023. "We still believe the majority of new growth vector adds will come from international, with enterprise and retail lagging given longer sales cycles and product development requirements," the analyst added.
(RTTNews) - Acadia Healthcare Company, Inc. (ACHC), Tuesday announced that Christopher Hunter has resigned from the position of Chief Executive Officer, effective immediately.
(RTTNews) - Acadia Healthcare Company, Inc. (ACHC), Tuesday announced that Christopher Hunter has resigned from the position of Chief Executive Officer, effective immediately.
BING-JHEN HONG Nvidia ( NVDA ) could show off a new notebook PC that runs Microsoft's ( MSFT ) Windows later this year, Digitimes reported. The laptops may run Nvidia's N1 and N1X system-on-a-chip and may launch as soon as the first quarter, the news outlet added , citing its sources. The company has also reportedly shown off a product roadmap that runs through N2 and N2X platforms, the news outle...
BING-JHEN HONG Nvidia ( NVDA ) could show off a new notebook PC that runs Microsoft's ( MSFT ) Windows later this year, Digitimes reported. The laptops may run Nvidia's N1 and N1X system-on-a-chip and may launch as soon as the first quarter, the news outlet added , citing its sources. The company has also reportedly shown off a product roadmap that runs through N2 and N2X platforms, the news outlet added. Plans for Nvidia and AMD ( AMD ) to sell PC chips using architecture from Arm Holdings ( ARM ) have been in the works for a while, according to previous media reports . AMD already makes processors for desktops and notebooks using x86 architecture, which is owned by Intel ( INTC ). Nvidia did not immediately respond to a request for comment from Seeking Alpha. Late last year, Arm and Nvidia expanded their partnership to integrate Nvidia's NVLink Fusion ecosystem into its Neoverse platform. Nvidia's NVLink Fusion connects CPUs and GPUs at a scale to run AI applications. Nvidia shares fell 2% in premarket trading on Tuesday, while Arm fell 2.6% . More on Nvidia Nvidia: Risks Continue To Loom - A Unique Value Trap For New Investors? Nvidia Stock Is Flat... But Not For Long Nvidia Growth Visibility And Next Gen Architecture Solidify The Bull Case Greenland battle may roil markets, but buy 'tech winners,' Wedbush says Biggest stock movers Tuesday: NVDA, RAPT, and more
Mar Vista Investment Partners, LLC, an investment management company, released its “Mar Vista U.S. Quality Premier Strategy” fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. US equities experienced strong momentum in 2025 and marked their third consecutive year of double-digit gains. The market witnessed one of the fastest recoveries following […]
Mar Vista Investment Partners, LLC, an investment management company, released its “Mar Vista U.S. Quality Premier Strategy” fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here. US equities experienced strong momentum in 2025 and marked their third consecutive year of double-digit gains. The market witnessed one of the fastest recoveries following […]
Measured against stock markets from Tokyo to Frankfurt to financial capitals across the developing world, though, the verdict on Trump’s return to the White House is decidedly less triumphal. In fact, equities worldwide — once the US is excluded — have risen around 30% since he took office a year ago, roughly double the S&P 500’s gain, according to MSCI’s index. Trump’s comparison with his predece...
Measured against stock markets from Tokyo to Frankfurt to financial capitals across the developing world, though, the verdict on Trump’s return to the White House is decidedly less triumphal. In fact, equities worldwide — once the US is excluded — have risen around 30% since he took office a year ago, roughly double the S&P 500’s gain, according to MSCI’s index. Trump’s comparison with his predecessors is no better: As far as the S&P 500 goes, the first-year gain under Trump clocks in as only the ninth best start to a term since World War II, according to CFRA.