(RTTNews) - voestalpine (VAS.DE, VOES.VI) reported that its fiscal year profit after tax, before deduction of non-controlling interest, improved to 424 million euros from 179 million euros, prior year. The operating result or EBITDA rose to 1.5 billion euros from 1.3 billion euro
(RTTNews) - voestalpine (VAS.DE, VOES.VI) reported that its fiscal year profit after tax, before deduction of non-controlling interest, improved to 424 million euros from 179 million euros, prior year. The operating result or EBITDA rose to 1.5 billion euros from 1.3 billion euro
photo_Pawel/iStock via Getty Images Economic Cycle May saw a continued divergence between the economy and markets, as growth showed signs of moderation while markets pushed ever higher. Economic data released during the month suggested the economy entered the second quarter with less momentum than previously believed, as first quarter GDP growth was revised lower and consumer spending growth slowe...
photo_Pawel/iStock via Getty Images Economic Cycle May saw a continued divergence between the economy and markets, as growth showed signs of moderation while markets pushed ever higher. Economic data released during the month suggested the economy entered the second quarter with less momentum than previously believed, as first quarter GDP growth was revised lower and consumer spending growth slowed from earlier estimates. Despite softer data, labor market conditions remained resilient, providing likely support for consumer spending from here, while easing energy prices as a result of easing geopolitical tensions helped alleviate some of the inflation concerns that emerged earlier in the spring. As a result, markets continued to process the mixed signals of an economy exhibiting slower but resilient growth. Equity Markets Equity markets extended their advance in May, with the S&P 500 recording a series of new all-time highs throughout the month. In many respects, market leadership and return concentration looked remarkably similar to April, with growth-oriented sectors and large-cap technology companies continuing to drive the majority of gains. Information Technology significantly outperformed every other sector, supported by strong earnings results and continued enthusiasm surrounding artificial intelligence. Emerging markets also benefited from their exposure to technology and semiconductor supply chains, while mid-cap and small-cap stocks lagged the broader market. Easing geopolitical tensions, meanwhile, had the two-fold effect of energy sector weakness (on account of falling oil prices) but improved investor optimism, helping to support risk appetite more broadly. Fixed Income Markets Fixed income markets generated positive returns in May as Treasury yields ended the month only slightly higher across much of the curve. Markets continue to expect the Federal Reserve may need to keep policy tighter for longer on account of inflation concerns, but the move higher ...
Tomato prices rose nearly 40% year-over-year to $2.69 per pound in April, pressuring Campbell's (CPB) and Conagra (CAG), both of which are already facing margin headwinds.
Tomato prices rose nearly 40% year-over-year to $2.69 per pound in April, pressuring Campbell's (CPB) and Conagra (CAG), both of which are already facing margin headwinds.
(RTTNews) - Inditex - Industria de Diseño Textil SA (IDEXF.PK), a Spanish clothing firm, on Wednesday reported higher profit and sales in its first quarter.
(RTTNews) - Inditex - Industria de Diseño Textil SA (IDEXF.PK), a Spanish clothing firm, on Wednesday reported higher profit and sales in its first quarter.
(RTTNews) - Elementis plc (ELM.L, ELMTY), a speciality chemical company, on Wednesday announced the commencement of a share buyback programme to repurchase up to approximately GBP 25 million of its ordinary shares by February 28, 2027.
(RTTNews) - Elementis plc (ELM.L, ELMTY), a speciality chemical company, on Wednesday announced the commencement of a share buyback programme to repurchase up to approximately GBP 25 million of its ordinary shares by February 28, 2027.
Watchdog says ‘publishers will now have effective tools to prevent content being used to power AI features in search’ Publishers will be able to opt out of their content being used to train Google’s AI models and power its search summaries, the UK competition watchdog has announced as it imposes new conduct requirements on search services. “Publishers will now have effective tools to prevent their...
Watchdog says ‘publishers will now have effective tools to prevent content being used to power AI features in search’ Publishers will be able to opt out of their content being used to train Google’s AI models and power its search summaries, the UK competition watchdog has announced as it imposes new conduct requirements on search services. “Publishers will now have effective tools to prevent their content being used to power AI features in search, such as AI Overviews,” the Competition and Markets Authority said. Continue reading...
Revolut CEO Nikolay Storonsky could be set for a $76 billion fortune in stock if the bank he founded can pull off a near-$200 billion initial public offering that it's planning within the next two years. Storonsky’s wealth and its prospective jump hinges on Revolut’s valuation and performance targets. The firm wants 100 million daily active customers across 100 countries. Bloomberg's Aisha S Gani ...
Revolut CEO Nikolay Storonsky could be set for a $76 billion fortune in stock if the bank he founded can pull off a near-$200 billion initial public offering that it's planning within the next two years. Storonsky’s wealth and its prospective jump hinges on Revolut’s valuation and performance targets. The firm wants 100 million daily active customers across 100 countries. Bloomberg's Aisha S Gani has more. (Source: Bloomberg)
lechatnoir/E+ via Getty Images In this article, I cover the WisdomTree US MidCap Dividend Fund ETF ( DON ), which, according to Seeking Alpha’s Quant Ratings , ranks 668/769 in its asset class and 86/94 in its sub-class. I currently assign a ‘Hold’ rating to the fund based on its decent dividend profile, reasonable valuation metrics, and diversified exposure to dividend-paying small- and mid-cap e...
lechatnoir/E+ via Getty Images In this article, I cover the WisdomTree US MidCap Dividend Fund ETF ( DON ), which, according to Seeking Alpha’s Quant Ratings , ranks 668/769 in its asset class and 86/94 in its sub-class. I currently assign a ‘Hold’ rating to the fund based on its decent dividend profile, reasonable valuation metrics, and diversified exposure to dividend-paying small- and mid-cap equities. While the fund offers investors a higher yield than many comparable SMID-cap alternatives and trades at modest valuation multiples, DON has consistently lagged many peers on both a risk-adjusted and absolute return basis. Additionally, in my view, the fund’s relatively higher expense ratio and limited exposure to technology and other high-growth sectors may constrain future performance. Fund Overview The WisdomTree US MidCap Dividend Fund has an inception date of June 16 th , 2006, providing investors 20 years of performance and fund management to consider. As of June 1 st , 2026, the fund has $3.87 billion in AUM. As per the fund’s website , the fund aims “to track the investment results of dividend-paying mid-cap companies in the U.S. equity market.” The fund targets both growth and income and is positioned in a way to complement or replace midcap value or dividend-oriented active and passive strategies, while targeting demand for growth potential and income focus. For the purposes of my analysis, I have gathered data for various other funds that receive a higher rating per Seeking Alpha’s Quant Rating system. These funds include the iShares Micro-Cap ETF ( IWC ), Invesco S&P SmallCap Momentum ETF ( XSMO ), iShares Russell 2000 ETF ( IWM ), and the Fidelity Enhanced Small Cap Core ETF ( FESM ). For small-cap and mid-cap comparative purposes, I look to the Vanguard Mid-Cap Index Fund ( VO ) and the Vanguard Small-Cap Index Fund ( VB ). Additionally, for mid-cap dividend-paying alternatives, I point to the ProShares S&P MidCap 400 Dividend Aristocrats ETF ( REGL ) ...
Google search is facing a series of targeted rules that a UK regulator says will secure a fairer deal for publishers and consumers and improve its services at the same time. The Competition and Markets Authority (CMA) said it was giving Google nine months to implement the so-called "conduct requirement" it was imposing. The competition watchdog announced the move after handing Google "strategic ma...
Google search is facing a series of targeted rules that a UK regulator says will secure a fairer deal for publishers and consumers and improve its services at the same time. The Competition and Markets Authority (CMA) said it was giving Google nine months to implement the so-called "conduct requirement" it was imposing. The competition watchdog announced the move after handing Google "strategic market status" for its search services last year due to "substantial and entrenched market power", as more than 90% of searches in the UK were taking place on its platform.
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Derick Hudson Meta Platforms ( META ) is scaling back its controversial internal AI-training program that collected employees' mouse movements, clicks, and keystrokes after backlash from staff, according to a Reuters report that cites an internal company memo. The tech company will now allow employees to pause data collection for up to 30 minutes at a time and request exemptions from the program, ...
Derick Hudson Meta Platforms ( META ) is scaling back its controversial internal AI-training program that collected employees' mouse movements, clicks, and keystrokes after backlash from staff, according to a Reuters report that cites an internal company memo. The tech company will now allow employees to pause data collection for up to 30 minutes at a time and request exemptions from the program, according to the memo by Stephane Kasriel, VP, AI model-building Superintelligence Labs unit. "While we remain confident in the privacy protections we put in place at launch, which went through several layers of risk review, we have heard your concerns about personal data on work devices, battery life, and wanting more control over when capturing happens," the memo read, as per the report . Meta ( META ) introduced an internal program called the Model Capability Initiative, or MCI to gather data on employees' computer usage, such as mouse clicks and keystrokes. The initiative drew criticism from employee s who raised privacy concerns and worried that the data could be used to build AI systems that might eventually replace certain jobs. Kasriel also said the the team behind the software has implemented several improvements to reduce its impact on computer battery life after employees complained that the program consumed large amounts of data, leading to higher home internet usage. More on Meta Meta: The 'Zuckerberg Discount' May Soon Turn Into A Premium Meta: From Social Media To Superintelligence Meta's AI Push Seeks To Outpace Reddit And Other Competitors Meta sets stricter content settings for teen accounts on Facebook, Instagram, and Messenger META snaps six sessions of gains
CHOLTICHA KRANJUMNONG Britain's competition regulator said on Wednesday it had introduced new conduct requirements for Google's ( GOOG ) ( GOOGL ) search services, including measures that allow publishers to opt out of having their content used to train the U.S. technology giant's AI models. The Competition and Markets Authority flagged concerns about the company's dominance in search services. Th...
CHOLTICHA KRANJUMNONG Britain's competition regulator said on Wednesday it had introduced new conduct requirements for Google's ( GOOG ) ( GOOGL ) search services, including measures that allow publishers to opt out of having their content used to train the U.S. technology giant's AI models. The Competition and Markets Authority flagged concerns about the company's dominance in search services. The CMA said the requirements imposed on Google under the digital markets competition regime gave "publishers more control and stronger bargaining power over the use of their content," while securing a fair deal. The regulator said that the company will now also be required to make sure content from publishers, including news organisations, is properly attributed in AI‑generated search results, using clear links. Earlier this year European publishers, tech firms, and startups have asked EU regulators to speed up a nearly two-year investigation into tech giant Google's ( GOOG ) ( GOOGL ) alleged favoring of its services in online searches and impose a fine on the U.S. company. More on Alphabet Skeptics Call It Desperate, But Alphabet's $80 Billion Raise Signals Infinite AI Demand Alphabet: The Market Is Totally Misreading Berkshire's Buy Alphabet: The Bull Case Holds Despite The Near-Term Headwind Google just said it plans to spend $80B more on AI. Which companies might benefit? What analysts are saying about Alphabet's $80B capex raise for AI spending
CHOLTICHA KRANJUMNONG Britain's competition regulator said on Wednesday it had introduced new conduct requirements for Google's ( GOOG ) ( GOOGL ) search services, including measures that allow publishers to opt out of having their content used to train the U.S. technology giant's AI models. The Competition and Markets Authority flagged concerns about the company's dominance in search services. Th...
CHOLTICHA KRANJUMNONG Britain's competition regulator said on Wednesday it had introduced new conduct requirements for Google's ( GOOG ) ( GOOGL ) search services, including measures that allow publishers to opt out of having their content used to train the U.S. technology giant's AI models. The Competition and Markets Authority flagged concerns about the company's dominance in search services. The CMA said the requirements imposed on Google under the digital markets competition regime gave "publishers more control and stronger bargaining power over the use of their content," while securing a fair deal. The regulator said that the company will now also be required to make sure content from publishers, including news organisations, is properly attributed in AI‑generated search results, using clear links. Earlier this year European publishers, tech firms, and startups have asked EU regulators to speed up a nearly two-year investigation into tech giant Google's ( GOOG ) ( GOOGL ) alleged favoring of its services in online searches and impose a fine on the U.S. company. More on Alphabet Skeptics Call It Desperate, But Alphabet's $80 Billion Raise Signals Infinite AI Demand Alphabet: The Market Is Totally Misreading Berkshire's Buy Alphabet: The Bull Case Holds Despite The Near-Term Headwind Google just said it plans to spend $80B more on AI. Which companies might benefit? What analysts are saying about Alphabet's $80B capex raise for AI spending
J Studios/DigitalVision via Getty Images Fund Highlights Primarily invests in a diversified portfolio of fixed-income and equity securities. Under normal circumstances, the Fund generally expects to allocate its assets as follows: 60% equity securities 40% fixed-income securities Allocates assets based on relative attractiveness Equity/fixed income weights Sector/industry weights Active duration m...
J Studios/DigitalVision via Getty Images Fund Highlights Primarily invests in a diversified portfolio of fixed-income and equity securities. Under normal circumstances, the Fund generally expects to allocate its assets as follows: 60% equity securities 40% fixed-income securities Allocates assets based on relative attractiveness Equity/fixed income weights Sector/industry weights Active duration management and yield curve positioning Fundamentally driven equity and credit analysis Strategic long-term execution of asset class allocation Market Recap The U.S. entered the year on solid footing, with easing inflation, resilient consumer spending, and supportive fiscal dynamics, but these positives were quickly overshadowed by geopolitical tensions as the U.S. and Israel entered into conflict with Iran. Disruptions in the Strait of Hormuz, which handles roughly 20% of global oil supply, drove a sharp rise in crude and gasoline prices, raising concerns about broader inflation through higher transportation, food, and supply chain costs. While the conflict is expected to be relatively short-lived, supply disruptions may persist for months. This environment complicates the Federal Reserve's (Fed) outlook, as renewed inflation pressures have reduced expectations for rate cuts in 2026 despite mixed labor market signals, stable unemployment but weak hiring, keeping the Fed in a "wait-and-see" stance. Markets have remained relatively resilient: equities stabilized with a late-quarter rally, leaving the S&P 500 down 5% in March and 4.6% for the quarter, credit spreads widened modestly but remain historically tight, and Treasury yields moved higher, with the 2-year up over 30 basis points and the 10-year ending near 4.3%. Portfolio Review The Touchstone Balanced Fund (Class A Shares, Load Waived) underperformed its blended benchmark, the 60% Russell 1000 Index and 40% Bloomberg U.S. Aggregate Bond Index, for the quarter ended March 31, 2026. Allocation detracted from performance a...