Financial technology company SumUp Payments Ltd. is inviting banks to pitch for roles on an initial public offering in Europe, according to people familiar with the matter, after the company considered a US listing. The payments firm known for its point of sale terminal is requesting the pitches for an IPO on a European exchange like London or Amsterdam, the people said. SumUp is working with STJ ...
Financial technology company SumUp Payments Ltd. is inviting banks to pitch for roles on an initial public offering in Europe, according to people familiar with the matter, after the company considered a US listing. The payments firm known for its point of sale terminal is requesting the pitches for an IPO on a European exchange like London or Amsterdam, the people said. SumUp is working with STJ Advisors on the listing preparations, they said. Frankfurt is also a possible venue, one of the people said. Deliberations are ongoing and no final decision has been made, they said. The listing could value SumUp at $10 billion or more, the people said, asking not to be identified as the information isn’t public. The firm was valued at $8.5 billion in a funding round in 2023. A representative for SumUp declined to comment. A representative for STJ did not immediately respond to a request for comment. The moves come after firms advising SumUp recommended the company list locally instead of in the US, people familiar with the matter have said. The advisers largely urged the company to choose a European venue due to its proportion of sales in the US, they said. Read More: SumUp Advisers Said to Guide Away From US as Possible IPO Venue Choosing a European IPO venue would buck the trend of fast-growing companies seeking public listings in the US. EMEA-based fintechs Klarna Group Plc and Etoro Group Ltd. both saw shares fall after making their New York debuts last year.
Torsten Asmus/iStock via Getty Images Key Takeaways Markets: Mid cap equities were flat to slightly positive in the fourth quarter, with the Russell Midcap Index returning 0.16%. Market performance was shaped less by macroeconomic shocks and more by an increasingly narrow set of investor preferences, particularly late in the quarter, as momentum faded in several growth-oriented areas that had driv...
Torsten Asmus/iStock via Getty Images Key Takeaways Markets: Mid cap equities were flat to slightly positive in the fourth quarter, with the Russell Midcap Index returning 0.16%. Market performance was shaped less by macroeconomic shocks and more by an increasingly narrow set of investor preferences, particularly late in the quarter, as momentum faded in several growth-oriented areas that had driven returns earlier in the year. Earnings reactions became more uneven, with stocks often moving sharply irrespective of underlying execution, reinforcing a market dynamic where sentiment and positioning frequently outweighed fundamentals. While certain cyclical and industrial recovery narratives stalled, dispersion beneath the surface of index-level results remained elevated, underscoring both the challenges and opportunities for active, company-specific investing. Contributors: Holdings in Expedia ( EXPE ), Churchill Downs ( CHDN ) and Api Group ( APG ). Stock selection in the consumer discretionary sector, underweights to the communication services and real estate sectors. Detractors: Holdings in Alexandria Real Estate Equities ( ARE ), Chewy ( CHWY ) and Resideo Technologies ( REZI ). Stock selection in the information technology ( IT ), real estate and financials sectors. Outlook: As we look toward 2026, we believe the environment for mid cap equities is becoming incrementally more constructive, though uncertainty remains. The past several years have been characterized by an unusually narrow market, where a small subset of highly visible growth themes attracted the majority of investor attention, while many fundamentally sound businesses across the broader economy were overlooked. In our view, this dynamic contributed to a prolonged period of deferred investment and cautious decision making outside of a limited number of favored areas. Top Equity Issuers (% of Total) Holding Portfolio API Group Corp 3.18 Casey's General Stores Inc ( CASY ) 2.96 Churchill Downs Inc 2.83 ...
Bill Gates is one of the most well-known billionaires in the world. The Microsoft founder became the wealthiest person in the world in the late 1990s, as the tech company's value soared. Despite giving away a large chunk of his wealth since the turn of the century, Gates' net worth still sits above $100 billion. But he plans to give away almost all of it to the Gates Foundation by 2045. The Gates ...
Bill Gates is one of the most well-known billionaires in the world. The Microsoft founder became the wealthiest person in the world in the late 1990s, as the tech company's value soared. Despite giving away a large chunk of his wealth since the turn of the century, Gates' net worth still sits above $100 billion. But he plans to give away almost all of it to the Gates Foundation by 2045. The Gates Foundation maintains a large endowment to fund improvements in health, gender equality, development, and education worldwide. A big part of that is its $38 billion equity portfolio. While Gates made his riches in technology, the foundation's equity portfolio reflects his personal investment style and the heavy influence of longtime friend and former Gates Foundation board member Warren Buffett. That includes a willingness to maintain a highly concentrated portfolio. In fact, about 60% of the portfolio is held in just three stocks. 1. Berkshire Hathaway (26% of assets) The Gates Foundation receives an annual injection of Berkshire Hathaway (BRKA 0.40%) (BRKB 0.58%) shares from Warren Buffett. This year's donation added 9.4 million Class B shares to the portfolio. Buffett's donation comes with the stipulation that the foundation must spend an amount equal to his donation plus 5% of its other assets each year to receive the next donation. While the portfolio managers have sold some Berkshire shares to help fund the foundation's operations, they've been able to hold a large chunk, and it's currently the biggest position in the portfolio. That's worked out well for the Gates Foundation. While the share price has fallen since Buffett announced his retirement as CEO last May, the stock has held up well over the long run. Meanwhile, the company has produced solid operating results, led by its core insurance business. New CEO Greg Abel expressed disappointment with the BNSF railroad business, but noted improvements in its operating margin in 2025. The energy business produced result...
Key Points Bill Gates' investment strategy is heavily influenced by Warren Buffett. He favors slow-growing value stocks with wide competitive moats. 10 stocks we like better than Berkshire Hathaway › Bill Gates is one of the most well-known billionaires in the world. The Microsoft founder became the wealthiest person in the world in the late 1990s, as the tech company's value soared. Despite givin...
Key Points Bill Gates' investment strategy is heavily influenced by Warren Buffett. He favors slow-growing value stocks with wide competitive moats. 10 stocks we like better than Berkshire Hathaway › Bill Gates is one of the most well-known billionaires in the world. The Microsoft founder became the wealthiest person in the world in the late 1990s, as the tech company's value soared. Despite giving away a large chunk of his wealth since the turn of the century, Gates' net worth still sits above $100 billion. But he plans to give away almost all of it to the Gates Foundation by 2045. The Gates Foundation maintains a large endowment to fund improvements in health, gender equality, development, and education worldwide. A big part of that is its $38 billion equity portfolio. While Gates made his riches in technology, the foundation's equity portfolio reflects his personal investment style and the heavy influence of longtime friend and former Gates Foundation board member Warren Buffett. That includes a willingness to maintain a highly concentrated portfolio. In fact, about 60% of the portfolio is held in just three stocks. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » 1. Berkshire Hathaway (26% of assets) The Gates Foundation receives an annual injection of Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) shares from Warren Buffett. This year's donation added 9.4 million Class B shares to the portfolio. Buffett's donation comes with the stipulation that the foundation must spend an amount equal to his donation plus 5% of its other assets each year to receive the next donation. While the portfolio managers have sold some Berkshire shares to help fund the foundation's operations, they've been able to hold a large chunk, and it's currently the biggest position in the portfolio. That's worked out well for t...
(RTTNews) - ADC Therapeutics SA (ADCT) reported a net loss for the quarter ended December 31, 2025, of $6.4 million, or a net loss of $0.04 per share, as compared to net loss of $30.7 million, or a net loss of $0.29 per share, prior year. Adjusted net loss was $13.5 million, or an adjusted net loss of $0.09 per share as compared to an adjusted net loss of $26.5 million, or $0.25 share, a year ago....
(RTTNews) - ADC Therapeutics SA (ADCT) reported a net loss for the quarter ended December 31, 2025, of $6.4 million, or a net loss of $0.04 per share, as compared to net loss of $30.7 million, or a net loss of $0.29 per share, prior year. Adjusted net loss was $13.5 million, or an adjusted net loss of $0.09 per share as compared to an adjusted net loss of $26.5 million, or $0.25 share, a year ago. Net product revenues were $22.3 million for the fourth quarter as compared to $16.4 million for the same period in 2024. In pre-market trading on NYSE, ADC shares are up 7.58 percent to $4.54. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In this article Follow your favorite stocks CREATE FREE ACCOUNT US Defense Secretary Pete Hegseth speaks during a press conference on US military action in Iran, at the Pentagon in Washington, DC, on March 2, 2026. Brendan Smialowski | Afp | Getty Images Defense Secretary Pete Hegseth on Tuesday said, "Today will be, yet again, our most intense day of strikes inside Iran." "Iran stands alone, and ...
In this article Follow your favorite stocks CREATE FREE ACCOUNT US Defense Secretary Pete Hegseth speaks during a press conference on US military action in Iran, at the Pentagon in Washington, DC, on March 2, 2026. Brendan Smialowski | Afp | Getty Images Defense Secretary Pete Hegseth on Tuesday said, "Today will be, yet again, our most intense day of strikes inside Iran." "Iran stands alone, and they are badly losing," Hegseth said at a press conference at the Pentagon with Gen. Dan Caine, the chairman of the Joint Chiefs of Staff. He said that in the past 24 hours, the United States had seen "Iran fire the lowest number of missles they've been capable of firing yet." Hegseth's aggressive and confident comments echoed those made a day earlier by Presiden t Donald Trump to reporters at his Miami-area golf club. Read more U.S.-Iran war news Oil eases after topping $110 as G7 considers emergency reserve release amid widening Middle East war Why China can withstand oil's surge past $100 more easily than other countries Trump says oil price surge is a 'small price to pay' for defeating Iran PRO: Oil price surge could boost these Chinese stocks, Goldman says Iran names Ayatollah Khamenei's son, Mojtaba, as new supreme leader: Media reports Energy prices will fall when Iran's ability to attack tankers ends: Wright Iran war could make affordability bigger issue in 2026 elections Trump says no deal with Iran to end war without 'unconditional surrender' How Iran and Venezuela strikes transform the Trump-Xi trade talks Global week ahead: Diplomacy in ruins as G7 meets on Iran China says 'thorough preparations' needed as Trump-Xi meeting hangs in the balance amid Iran war Will Iran war fallout end the bull market? When investors really need to worry As Hegseth spoke, authorities in Abu Dhabi confirmed that a drone attack by Iran had ignited a fire at the oil refinery in the Ruwais Industrial Complex. No injuries were immediately reported. This is breaking news. Please refresh ...
Welltower ( WELL ) on Tuesday announced it closed an amended $6.25B senior unsecured revolving credit facility, extending maturities and improving pricing by 15 basis points. Pursuant to the closing, the company repaid its $1B U.S. term loan and C$250M term loan using cash on hand. The facility includes a $4.25B tranche maturing March 6, 2030, and a $2.0B tranche maturing July 24, 2029, each with ...
Welltower ( WELL ) on Tuesday announced it closed an amended $6.25B senior unsecured revolving credit facility, extending maturities and improving pricing by 15 basis points. Pursuant to the closing, the company repaid its $1B U.S. term loan and C$250M term loan using cash on hand. The facility includes a $4.25B tranche maturing March 6, 2030, and a $2.0B tranche maturing July 24, 2029, each with two six-month extension options. The company may increase the revolving facility by up to an additional $1.25B, bringing its total available credit facilities to about $7.5B. KeyBank served as administrative agent and L/C issuer, while BofA Securities, JPMorgan, Wells Fargo, and KeyBanc Capital Markets acted as joint bookrunners and lead arrangers. Shares +1.66%. More on Welltower Welltower: A Fantastic REIT - But A Sell Welltower Inc. (WELL) Presents at Citi's Miami Global Property CEO Conference 2026 Transcript Why There Are Better Alternatives Than Welltower In 2026 Welltower outlines 2026 FFO per share guidance of $6.09–$6.25 amid $5.7B in new acquisitions and expanding SHOP focus Welltower beats revenue in Q4; shares rise more than 1%
Walker & Dunlop ( WD ) aims to achieve an annual adjusted EBITDA of $400M to $500M by 2030, according to the commercial real estate finance firm's new five-year strategic plan . For 2025 , adjusted EBITDA came to $262.6M. Walker & Dunlop is set to unveil 'Journey to '30' at its Investor Day to be held today from 9 AM ET to noon ET. The company targets diluted earnings per share of $8.00 to $10.00 ...
Walker & Dunlop ( WD ) aims to achieve an annual adjusted EBITDA of $400M to $500M by 2030, according to the commercial real estate finance firm's new five-year strategic plan . For 2025 , adjusted EBITDA came to $262.6M. Walker & Dunlop is set to unveil 'Journey to '30' at its Investor Day to be held today from 9 AM ET to noon ET. The company targets diluted earnings per share of $8.00 to $10.00 by 2030, and revenue of over $2B. In 2025, revenue reached $1.2B. Walker & Dunlop targets $115B of transaction volumes as part of its long-term strategy. More on Walker & Dunlop Walker & Dunlop, Inc. 2025 Q4 - Results - Earnings Call Presentation Walker & Dunlop, Inc. (WD) Q4 2025 Earnings Call Transcript Walker & Dunlop outlines $3.50–$4.00 EPS guidance for 2026 as company accelerates asset sales and targets market share growth Walker & Dunlop Non-GAAP EPS of $0.28 misses by $1.18, revenue of $340M misses by $3.66M Seeking Alpha’s Quant Rating on Walker & Dunlop
Last week, Morgan Stanley said oil would need to remain over $100 a barrel to dislodge the bank’s bullish outlook for US stocks. Evercore ISI said crude priced between $93 and $97 would signal that equities are headed for a drop. Oil had surged past those levels for less than 24 hours on Monday, but that was long enough to raise concerns on Wall Street and, seemingly, in Washington. Late into the ...
Last week, Morgan Stanley said oil would need to remain over $100 a barrel to dislodge the bank’s bullish outlook for US stocks. Evercore ISI said crude priced between $93 and $97 would signal that equities are headed for a drop. Oil had surged past those levels for less than 24 hours on Monday, but that was long enough to raise concerns on Wall Street and, seemingly, in Washington. Late into the trading session, President Donald Trump spoke. The US war with Iran, he told CBS, was “very complete.” Stocks — down as much as 1.5% that day — turned positive, and oil prices quickly fell back down to their trading range from Friday, even as the US leader also said he was “thinking about” taking over the Strait of Hormuz. Crude is hovering around the same level Tuesday morning, with US stock futures trading down 0.3%. But while oil prices pulled back from near $120 a barrel, the risk of them returning to triple-digit levels remains. That’s forcing strategists to game out how long elevated prices would last, and how much damage they could do to the S&P 500 Index . “The problem is the total uncertainty,” said Sam Stovall chief investment strategist at CFRA. Read More: Trump Says War Will Resolve ‘Very Soon,’ Lifting Oil Sanctions The Iran war is adding energy-related inflation to an already long list of traders’ worries, including the potential of artificial intelligence to disrupt multiple industries and cracks in the private credit market. A spike in oil prices threatens the spending power of US consumers, as well as fuel-guzzling industries such as airlines and cruise operators. Reports of an oil tanker explosion near Abu Dhabi cast doubt on speculation that the war in Iran could be over anytime soon. Tanker traffic in the Strait of Hormuz remains near zero. If oil prices stay high, “the Fed really can’t ease as much as probably they’d like to, and it likely means it’s going to be harder to back down the inflation ramifications,” Matt Miskin , co-chief investment strategi...
(Update with details throughout the story.) Amazon.com (AMZN) has kicked off a US investment-grad Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
(Update with details throughout the story.) Amazon.com (AMZN) has kicked off a US investment-grad Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
Michael Derrer Fuchs/iStock via Getty Images Swiss exports of military equipment surged in 2025, climbing nearly 43% from the prior year to reach 948.2 million Swiss francs ($1.22 billion), according to government data released Tuesday. Germany was by far the largest destination for Swiss war materiel, purchasing 386.4 million francs of equipment. The United States ranked second with imports total...
Michael Derrer Fuchs/iStock via Getty Images Swiss exports of military equipment surged in 2025, climbing nearly 43% from the prior year to reach 948.2 million Swiss francs ($1.22 billion), according to government data released Tuesday. Germany was by far the largest destination for Swiss war materiel, purchasing 386.4 million francs of equipment. The United States ranked second with imports totaling 94.2 million francs, followed by Hungary at 63.4 million francs, Italy at 62.2 million francs and Luxembourg at 47.4 million francs. Overall, Swiss defense products were shipped to 64 countries during the year, the government said. Much of the trade involved ammunition and related components, including shipments to Germany and Hungary. Other deliveries included armored vehicles and parts to Germany, artillery components to Italy and fighter-jet components sent to the United States. The increase in exports comes after Switzerland’s parliament voted in December to loosen restrictions on weapons sales abroad. Lawmakers said the move was intended to support the country’s domestic defense industry while preserving Switzerland’s longstanding policy of neutrality. More on Select STOXX Europe Aerospace & Defense ETF EUAD: Europe Has No Choice, And This ETF Could Be The Big Beneficiary EUAD: Amid Greenland Woes And Oreshnik Ballistic Missile, EU Rearmament Is A Must Global arms transfers rise nearly 10% as Europe drives surge in military spending U.S. Senate set to vote on Trump’s Iran war decision amid widening conflict Seeking Alpha’s Quant Rating on Select STOXX Europe Aerospace & Defense ETF
FedEx (NYSE: FDX) and United Parcel Service (NYSE: UPS) have long served as proxies for the American economy. When packages move, consumers are spending and businesses are shipping. But over the past several years, these two logistics titans have taken sharply different paths, and the results for investors could not be more divergent. FedEx spent ... Investing $1,000 in FedEx or UPS a Decade Ago W...
FedEx (NYSE: FDX) and United Parcel Service (NYSE: UPS) have long served as proxies for the American economy. When packages move, consumers are spending and businesses are shipping. But over the past several years, these two logistics titans have taken sharply different paths, and the results for investors could not be more divergent. FedEx spent ... Investing $1,000 in FedEx or UPS a Decade Ago Would Have Garnered How Much?
Stellantis ( STLA ) is relying on a competitor’s technology for its newest hybrid SUV amid a concerted move away from all-electric vehicles and in an effort to bring hybrids to market faster. According to CNBC, the company is using a two-motor electric continuously variable hybrid transmission developed by Toyota’s ( TM ) Blue Nexus division for its Jeep Cherokee hybrid, which will be integrated i...
Stellantis ( STLA ) is relying on a competitor’s technology for its newest hybrid SUV amid a concerted move away from all-electric vehicles and in an effort to bring hybrids to market faster. According to CNBC, the company is using a two-motor electric continuously variable hybrid transmission developed by Toyota’s ( TM ) Blue Nexus division for its Jeep Cherokee hybrid, which will be integrated into Stellantis’ ( STLA ) hybrid platform. Stellantis ( STLA ) is also reportedly using technology from auto supplier Bosch for its Grand Wagoneer extended-range electric vehicle (EREV). EREVs operate much like all-electric vehicles but with an engine that operates like a generator that can run the vehicle when the battery is depleted. The two new vehicles hope to capitalize on not only the growing demand for hybrids but also to significantly improve fuel efficiency. The Cherokee hybrid can reportedly achieve an average of 37 miles per gallon. Despite using technology from Toyota ( TM ), the Cherokee is positioned to compete against the Toyota RAV4 Hybrid and Honda CR-V Hybrid, the two leading hybrid SUVs in the U.S. market. Stellantis ( STLA ) shares are fractionally higher into Tuesday's open, potentially ending a six-day losing streak for the stock at the open. More on Stellantis Stellantis N.V. (STLA) Q4 2025 Earnings Call Transcript Stellantis N.V. 2025 Q4 - Results - Earnings Call Presentation Stellantis Earnings Preview: Deep Value Or Deep Trouble? Stellantis shares rise despite EV write-off as turnaround hopes build Stellantis Non-GAAP EPS of -€0.42, revenue of €153.51M; affirms FY26 outlook