Andrii Dodonov/iStock via Getty Images Manager perspective and outlook In the fourth quarter, investment grade, high yield and taxable municipals delivered positive returns of 1.42%, 1.11% and 1.05%, with annual returns of 4.25%, 2.46% and 7.89%, respectively. 1 Despite a lengthy federal government shutdown, long-duration municipal bonds performed well during the quarter, bolstering market strengt...
Andrii Dodonov/iStock via Getty Images Manager perspective and outlook In the fourth quarter, investment grade, high yield and taxable municipals delivered positive returns of 1.42%, 1.11% and 1.05%, with annual returns of 4.25%, 2.46% and 7.89%, respectively. 1 Despite a lengthy federal government shutdown, long-duration municipal bonds performed well during the quarter, bolstering market strength. 1 New municipal issuance reached $143 billion for the quarter and a record $584 billion for the year, surpassing last year's record $509 billion. Shifting interest rate policies, higher costs and political uncertainty likely encouraged more issuers to come to market. 1 Net flows for municipal mutual funds and exchange-traded funds (ETFs) were strong, totaling approximately $17.5 billion for the quarter and $52.4 billion for the year. 2 The US Federal Reserve (Fed) cut the federal funds rate twice, by 0.25% in October and 0.25% in December. The Fed reiterated its commitment to balancing maximum employment and a 2% inflation target. 3 We believe state and local municipal budgets remain healthy. While credit rating upgrades have moderated, upgrades outpaced downgrades in 2025, demonstrating to us strong fundamentals. 4 Our experienced credit research team continues to seek out market dislocations, uncovering opportunities to add value for shareholders. Looking ahead, we see attractive opportunities in municipals. With prospects for more Fed interest rate cuts, steady issuance and ongoing demand for tax-exempt income, we believe high absolute yields and solid fundamentals make municipals a compelling choice. Top holdings - (% of total market value) San Francisco City & County Airport Comm-San Francisco Inter 5.00 05/01/2049 2.35 California County Tobacco Securitization Agency 0.00 06/01/2055 1.60 California Community Choice Financing Authority 5.00 01/01/2055 1.41 California Health Facilities Financing Authority 4.00 08/15/2048 1.40 California County Tobacco Securitization A...
Artificial intelligence (AI) stocks have slipped recently, giving up some of their momentum after three incredible years. These stocks had led indexes higher as investors favored them for their exciting growth stories. AI has the potential to be the next big thing in technology, revolutionizing the way companies operate -- and significantly boosting earnings. But from late last year through the pr...
Artificial intelligence (AI) stocks have slipped recently, giving up some of their momentum after three incredible years. These stocks had led indexes higher as investors favored them for their exciting growth stories. AI has the potential to be the next big thing in technology, revolutionizing the way companies operate -- and significantly boosting earnings. But from late last year through the present time, concerns have upset the performance of these stocks. Investors have questioned the level of spending on infrastructure, for example, and whether the revenue opportunity will make the spending efforts worthwhile. Still, evidence from AI companies continues to show a bright future -- and that this AI growth story is far from over. With this in mind, here's the one AI stock I'd buy with my last $500. An e-commerce empire This stock is one many of us know, even if we're not particularly focused on the world of AI. I'm talking about Amazon (AMZN 2.48%), a company that has built an e-commerce empire. This business generates revenue investors can count on, as it has proven itself over time, and the company's cost structure revamp a few years ago should maximize profitability moving forward. The fact that Amazon not only sells general merchandise but also essentials like groceries makes it a business that may succeed in any economic environment. So, Amazon offers us a certain element of safety. At the same time, the company's presence in the AI market is delivering growth, and there should be much more to come. Through Amazon Web Services (AWS), the cloud computing business, Amazon makes a variety of AI products and services available to customers -- from chips to a fully managed service called Amazon Bedrock. Expand NASDAQ : AMZN Amazon Today's Change ( -2.48 %) $ -5.33 Current Price $ 209.87 Key Data Points Market Cap $2.3T Day's Range $ 208.82 - $ 215.14 52wk Range $ 161.38 - $ 258.60 Volume 33K Avg Vol 49M Gross Margin 50.29 % Monetizing AI capacity And here's the g...
Key Points This tech company has built a strong source of earnings growth over time. It may be well-positioned to benefit from the next phase of AI growth. 10 stocks we like better than Amazon › Artificial intelligence (AI) stocks have slipped recently, giving up some of their momentum after three incredible years. These stocks had led indexes higher as investors favored them for their exciting gr...
Key Points This tech company has built a strong source of earnings growth over time. It may be well-positioned to benefit from the next phase of AI growth. 10 stocks we like better than Amazon › Artificial intelligence (AI) stocks have slipped recently, giving up some of their momentum after three incredible years. These stocks had led indexes higher as investors favored them for their exciting growth stories. AI has the potential to be the next big thing in technology, revolutionizing the way companies operate -- and significantly boosting earnings. But from late last year through the present time, concerns have upset the performance of these stocks. Investors have questioned the level of spending on infrastructure, for example, and whether the revenue opportunity will make the spending efforts worthwhile. 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 » Still, evidence from AI companies continues to show a bright future -- and that this AI growth story is far from over. With this in mind, here's the one AI stock I'd buy with my last $500. An e-commerce empire This stock is one many of us know, even if we're not particularly focused on the world of AI. I'm talking about Amazon (NASDAQ: AMZN), a company that has built an e-commerce empire. This business generates revenue investors can count on, as it has proven itself over time, and the company's cost structure revamp a few years ago should maximize profitability moving forward. The fact that Amazon not only sells general merchandise but also essentials like groceries makes it a business that may succeed in any economic environment. So, Amazon offers us a certain element of safety. At the same time, the company's presence in the AI market is delivering growth, and there should be much more to come. Through Amazon Web Services (AWS), the cloud compu...
SEOUL, March 19 (Reuters) - Tesla CEO Elon Musk said on Thursday that the automaker may be able to "tape out", a stage when a chip design is finalised and sent to a factory for production, its next-generation AI6 chips in December. Musk said last year that Samsung Electronics would make the AI6 chips, likely to be used in self-driving cars and humanoid robots at Tesla' new factory in Taylor,...
SEOUL, March 19 (Reuters) - Tesla CEO Elon Musk said on Thursday that the automaker may be able to "tape out", a stage when a chip design is finalised and sent to a factory for production, its next-generation AI6 chips in December. Musk said last year that Samsung Electronics would make the AI6 chips, likely to be used in self-driving cars and humanoid robots at Tesla' new factory in Taylor, Texas, after the Korean company clinched a $16.5 billion deal to supply artificial intelligence chips to the electric car maker. "With some luck and acceleration using AI, we might be able to tape out AI6 in December," Musk said on his social media platform X, when asked when the chip would reach final design. A Samsung executive said on Wednesday that it plans to produce Tesla chips, based on Samsung's advanced 2-nanomete process, in the second half of 2027. (Reporting by Hyunjoo Jin; Editing by Alexander Smith)
SEOUL, March 19 (Reuters) - Tesla CEO Elon Musk said on Thursday that the automaker may be able to "tape out", a stage when a chip design is finalised and sent to a factory for production, its next-generation AI6 chips in December. Musk said last year that Samsung Electronics would make the AI6 chips, likely to be used in self-driving cars and humanoid robots at Tesla' new factory in Taylor,...
SEOUL, March 19 (Reuters) - Tesla CEO Elon Musk said on Thursday that the automaker may be able to "tape out", a stage when a chip design is finalised and sent to a factory for production, its next-generation AI6 chips in December. Musk said last year that Samsung Electronics would make the AI6 chips, likely to be used in self-driving cars and humanoid robots at Tesla' new factory in Taylor, Texas, after the Korean company clinched a $16.5 billion deal to supply artificial intelligence chips to the electric car maker. "With some luck and acceleration using AI, we might be able to tape out AI6 in December," Musk said on his social media platform X, when asked when the chip would reach final design. A Samsung executive said on Wednesday that it plans to produce Tesla chips, based on Samsung's advanced 2-nanomete process, in the second half of 2027. (Reporting by Hyunjoo Jin; Editing by Alexander Smith)
AMD’s next-generation laptop CPUs may have just made their first public appearance, and they’re already raising eyebrows. According to recent reports, an early AMD “Medusa Point” processor based on Zen 6 architecture has surfaced on Geekbench. [GB6 CPU] Unknown CPU CPU: AMD Eng Sample: 100-000001713-31_N (10C 20T) Min/Max/Avg: 1369/2006/1437 MHz CPUID: B80F00 (AuthenticAMD) Single: 1210 Multi: 732...
AMD’s next-generation laptop CPUs may have just made their first public appearance, and they’re already raising eyebrows. According to recent reports, an early AMD “Medusa Point” processor based on Zen 6 architecture has surfaced on Geekbench. [GB6 CPU] Unknown CPU CPU: AMD Eng Sample: 100-000001713-31_N (10C 20T) Min/Max/Avg: 1369/2006/1437 MHz CPUID: B80F00 (AuthenticAMD) Single: 1210 Multi: 7323https://t.co/lxdcXm5aoE — Benchleaks (@BenchLeaks) March 16, 2026 The listing points to a 10-core, 20-thread chip, likely part of AMD’s future Ryzen AI lineup expected to arrive around 2027. The chip, identified as an engineering sample, is still in an early state. It reportedly runs at relatively low clock speeds of around 2.0–2.4GHz, which is typical for pre-release silicon and not indicative of final performance. What do the leaks reveal about Zen 6 performance? While raw numbers from early benchmarks don’t tell the full story, the leaks still offer some interesting clues. As reported by Wccftech, the Medusa Point chip could deliver significantly higher performance than a comparable 10-core Zen 5 processor, despite running at much lower clock speeds in its current form. That suggests AMD may be targeting meaningful IPC (instructions per clock) gains with Zen 6. In simple terms, the architecture could do more work per cycle, reducing reliance on extremely high clock speeds to deliver performance improvements. The chip is also believed to feature 32MB of L3 cache, a configuration not currently seen on existing AMD mobile CPUs, further hinting at architectural changes under the hood. Is AMD finally going hybrid with Zen 6? AMD might finally be switching things up with a hybrid core design for its upcoming Zen 6 chips. The leaked 10-core setup is expected to combine standard Zen 6 cores with more efficient “dense” cores, similar to what Intel has been doing, which could help balance performance and battery life better, especially on laptops. There’s more under the hood, too...
UBS Analyst Maintains Buy Rating on Palantir, Raises Price Target According to a report from Yahoo Finance, UBS analyst Karl Keirstead has maintained a buy rating on Palantir and raised his price target for the stock. This adjustment suggests a potential gain for investors relative to a recent closing price. The analyst did not provide new commentary but had previously upgraded the stock less than...
UBS Analyst Maintains Buy Rating on Palantir, Raises Price Target According to a report from Yahoo Finance, UBS analyst Karl Keirstead has maintained a buy rating on Palantir and raised his price target for the stock. This adjustment suggests a potential gain for investors relative to a recent closing price. The analyst did not provide new commentary but had previously upgraded the stock less than three weeks earlier. In that prior assessment, Keirstead noted the company's position at the intersection of significant spending trends related to artificial intelligence and data. He also referenced channel checks indicating a strong demand environment for the company's offerings. In its fourth quarter, Palantir reported revenue that grew significantly year over year, marking a tenth consecutive quarter of accelerating growth. The company's U.S. commercial segment, which includes its artificial intelligence platform, experienced a substantial year-over-year increase and also grew sequentially. This segment now represents more than a third of the company's total revenue. The company's remaining performance obligation, representing future contracted revenue, also saw a major year-over-year increase, with a large portion added in the fourth quarter alone. Management has provided guidance projecting continued revenue growth for the current year. The forecast anticipates significant growth in total revenue and even stronger growth specifically for U.S. commercial revenue. Despite these positive indicators, the stock has experienced notable volatility. Over a recent three-year period, the share price increased dramatically but also experienced multiple significant declines. Between 2021 and 2023, the stock price fell sharply. The stock currently trades at high multiples relative to its earnings and forward earnings estimates.
aapl Apple AAPL Stock Breaks Support and Closes Below $250 as Massive Costs and Delays Weigh The short-term outlook is clouded by growing expenses, product delays, and geopolitical threats, which has put fresh pressure on Apple share Written by: Skerdian Meta • • 3 min read • Quick overview Apple shares are facing renewed pressure due to rising costs, product delays, and geopolitical risks, fallin...
aapl Apple AAPL Stock Breaks Support and Closes Below $250 as Massive Costs and Delays Weigh The short-term outlook is clouded by growing expenses, product delays, and geopolitical threats, which has put fresh pressure on Apple share Written by: Skerdian Meta • • 3 min read • Quick overview Apple shares are facing renewed pressure due to rising costs, product delays, and geopolitical risks, falling below the $250 mark. The company announced a $100 billion investment in the U.S. as part of a broader $600 billion spending plan, raising concerns about capital efficiency. Recent product delays, particularly with the smart home display, have further impacted investor confidence and execution timelines. Despite these challenges, Apple's core financial performance remains strong, with significant revenue growth and a steady dividend. Live AAPL Chart AAPL 0.0000 MARKETS TREND [[AAPL-graph]] The short-term outlook is clouded by growing expenses, product delays, and geopolitical threats, which has put fresh pressure on Apple shares. Stock Under Pressure Amid Growing Concerns Shares of Apple Inc. have come under renewed pressure, falling below the $250 level as investor sentiment weakens. While the company remains fundamentally strong, markets are increasingly focused on near-term risks, including rising costs, delayed product launches, and geopolitical uncertainty. The recent pullback reflects a shift in focus from growth optimism to concerns about execution and profitability. Massive Investment Plans Raise Questions Apple recently announced a $100 billion investment in the United States, part of a broader $600 billion spending plan over the next four years. The initiative includes expanding manufacturing, increasing research and development, and hiring 20,000 employees across key areas such as software, silicon engineering, and machine learning. While the move underscores Apple’s long-term commitment to innovation and domestic production, investors have reacted cautiously. T...
Connors Investor Services Inc. decreased its holdings in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 17.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,798 shares of the enterprise software provider's stock after selling 12,556 shares during the quarter. Connors Investor Services Inc.'...
Connors Investor Services Inc. decreased its holdings in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 17.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,798 shares of the enterprise software provider's stock after selling 12,556 shares during the quarter. Connors Investor Services Inc.'s holdings in Oracle were worth $16,536,000 as of its most recent filing with the Securities and Exchange Commission. Get Oracle alerts: Sign Up A number of other institutional investors have also recently added to or reduced their stakes in the business. Winnow Wealth LLC purchased a new stake in shares of Oracle in the second quarter worth about $28,000. FSA Wealth Management LLC acquired a new stake in shares of Oracle in the third quarter valued at about $28,000. Kilter Group LLC purchased a new stake in shares of Oracle during the 2nd quarter valued at about $30,000. Darwin Wealth Management LLC lifted its position in Oracle by 130.0% during the 3rd quarter. Darwin Wealth Management LLC now owns 115 shares of the enterprise software provider's stock worth $32,000 after acquiring an additional 65 shares in the last quarter. Finally, Mpwm Advisory Solutions LLC lifted its position in Oracle by 76.9% during the 3rd quarter. Mpwm Advisory Solutions LLC now owns 115 shares of the enterprise software provider's stock worth $32,000 after acquiring an additional 50 shares in the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors. Analysts Set New Price Targets Several brokerages have issued reports on ORCL. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $160.00 price objective on shares of Oracle in a research report on Wednesday, March 11th. Barclays reduced their target price on shares of Oracle from $310.00 to $230.00 and set an "overweight" rating on the stock in a research report on Monday, March 9th. UBS Gr...
CIBC Private Wealth Group LLC cut its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 1.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 497,488 shares of the enterprise software provider's stock after selling 7,558 shares during the period. CIBC Private Wealth Group LLC's holdings in Oracle were worth $139,914,...
CIBC Private Wealth Group LLC cut its stake in shares of Oracle Corporation (NYSE:ORCL - Free Report) by 1.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 497,488 shares of the enterprise software provider's stock after selling 7,558 shares during the period. CIBC Private Wealth Group LLC's holdings in Oracle were worth $139,914,000 as of its most recent SEC filing. Get Oracle alerts: Sign Up Several other large investors have also made changes to their positions in ORCL. Kampmann Melissa S. grew its position in Oracle by 0.3% during the third quarter. Kampmann Melissa S. now owns 11,910 shares of the enterprise software provider's stock valued at $3,350,000 after acquiring an additional 35 shares during the period. McLean Asset Management Corp increased its stake in Oracle by 0.7% during the third quarter. McLean Asset Management Corp now owns 5,319 shares of the enterprise software provider's stock worth $1,551,000 after acquiring an additional 36 shares during the last quarter. Mine & Arao Wealth Creation & Management LLC. raised its holdings in shares of Oracle by 0.7% in the 3rd quarter. Mine & Arao Wealth Creation & Management LLC. now owns 5,281 shares of the enterprise software provider's stock worth $1,485,000 after purchasing an additional 36 shares during the period. Voisard Asset Management Group Inc. lifted its stake in shares of Oracle by 3.4% in the 3rd quarter. Voisard Asset Management Group Inc. now owns 1,127 shares of the enterprise software provider's stock valued at $317,000 after purchasing an additional 37 shares in the last quarter. Finally, Avion Wealth lifted its stake in shares of Oracle by 16.6% in the 3rd quarter. Avion Wealth now owns 260 shares of the enterprise software provider's stock valued at $73,000 after purchasing an additional 37 shares in the last quarter. 42.44% of the stock is owned by hedge funds and other institutional investors. Oracle Trading Down 1.2%...
Peace talks between the United States, Russia and Ukraine on ending the Ukraine war, the deadliest European conflict since World War II, are on pause amid the Iran war, the Izvestia newspaper reported on Thursday, citing Russian officials. US President Donald Trump, who last year said he wanted to be remembered as a peacemaker, vowed to end the Ukraine war but has since said that efforts to resol...
Peace talks between the United States, Russia and Ukraine on ending the Ukraine war, the deadliest European conflict since World War II, are on pause amid the Iran war, the Izvestia newspaper reported on Thursday, citing Russian officials. US President Donald Trump, who last year said he wanted to be remembered as a peacemaker, vowed to end the Ukraine war but has since said that efforts to resolve the conflict have been one of his biggest disappointments. The US and Israeli attack on Iran has diverted US attention away from Ukraine and triggered soaring prices for oil and gas - of which Russia is a major global producer and exporter. Advertisement Izvestia, which in Soviet times represented official state views and is now under European Union sanctions, said in a front-page story that the Kremlin had confirmed a pause in talks on Ukraine and that the Iran war could push Kyiv towards compromise. A Ukrainian soldier walks down a road covered with anti-drone netting in Izyum, Kharkiv region. Photo: AFP Kremlin spokesman Dmitry Peskov told the paper that Russian presidential envoy Kirill Dmitriev would continue working on investment and economic cooperation, but “the trilateral group is on pause”. Advertisement Russia invaded Ukraine in February 2022 after eight years of fighting in eastern Ukraine, triggering the biggest confrontation between Moscow and the West since the depths of the Cold War.
Although earnings season is chock-full of important data for investors to digest, an argument can be made that the quarterly filing of Form 13Fs is equally important. A 13F provides investors with a concise snapshot of which stocks Wall Street's smartest money managers bought and sold in the latest quarter (in this case, the fourth quarter). On Feb. 17 (the filing deadline for fourth-quarter tradi...
Although earnings season is chock-full of important data for investors to digest, an argument can be made that the quarterly filing of Form 13Fs is equally important. A 13F provides investors with a concise snapshot of which stocks Wall Street's smartest money managers bought and sold in the latest quarter (in this case, the fourth quarter). On Feb. 17 (the filing deadline for fourth-quarter trading activity), billionaire Stanley Druckenmiller of Duquesne Family Office filed his fund's 13F. While it unveiled sizable increases in Druckenmiller's respective stakes in "Magnificent Seven" stocks Amazon and Alphabet (specifically the class A shares, GOOGL), it's a new holding that's stolen the show: the Invesco S&P 500 Equal Weight ETF (RSP 1.32%). Are things looking not so magnificent for the Magnificent Seven? The S&P 500 (^GSPC 1.36%) is a market-cap-weighted index with 503 components -- three companies have dual classes of shares, which is why there are 503 components and not 500. Companies with larger market caps, such as Amazon and Alphabet, have more influence (i.e., weighting) within the benchmark index. The Invesco S&P 500 Equal Weight ETF is an exchange-traded fund (ETF) that assigns equal weight to all S&P 500 components. Instead of a 3% move from Alphabet providing a meaningful bump to the S&P 500 and one of the index's smaller components moving 10% and hardly having an impact, the Invesco S&P 500 Equal Weight ETF attempts to level the playing field. During the fourth quarter, billionaire Stanley Druckenmiller purchased 1,173,925 shares of the Invesco S&P 500 Equal Weight ETF, making it his fund's new fourth-largest holding. Expand NYSEMKT : RSP Invesco S&P 500 Equal Weight ETF Today's Change ( -1.32 %) $ -2.58 Current Price $ 193.47 Key Data Points Day's Range $ 193.39 - $ 195.64 52wk Range $ 150.35 - $ 205.24 Volume 1.7K Despite adding to Amazon and Alphabet, Duquesne's chief investor exited Meta Platforms during the fourth quarter, jettisoned Tesla during ...
Key Points Form 13Fs allow investors to track which stocks and exchange-traded funds (ETFs) Wall Street's savviest money managers are buying and selling. Billionaire Stanley Druckenmiller piled into a unique S&P 500-based ETF during the fourth quarter and made it his fund's No. 4 holding. Druckenmiller's actions suggest that the Magnificent Seven are collectively pricey and that sector rotation ma...
Key Points Form 13Fs allow investors to track which stocks and exchange-traded funds (ETFs) Wall Street's savviest money managers are buying and selling. Billionaire Stanley Druckenmiller piled into a unique S&P 500-based ETF during the fourth quarter and made it his fund's No. 4 holding. Druckenmiller's actions suggest that the Magnificent Seven are collectively pricey and that sector rotation may be a common theme in 2026. 10 stocks we like better than Invesco S&P 500 Equal Weight ETF › Although earnings season is chock-full of important data for investors to digest, an argument can be made that the quarterly filing of Form 13Fs is equally important. A 13F provides investors with a concise snapshot of which stocks Wall Street's smartest money managers bought and sold in the latest quarter (in this case, the fourth quarter). On Feb. 17 (the filing deadline for fourth-quarter trading activity), billionaire Stanley Druckenmiller of Duquesne Family Office filed his fund's 13F. While it unveiled sizable increases in Druckenmiller's respective stakes in "Magnificent Seven" stocks Amazon and Alphabet (specifically the class A shares, GOOGL), it's a new holding that's stolen the show: the Invesco S&P 500 Equal Weight ETF (NYSEMKT: RSP). 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 » Are things looking not so magnificent for the Magnificent Seven? The S&P 500 (SNPINDEX: ^GSPC) is a market-cap-weighted index with 503 components -- three companies have dual classes of shares, which is why there are 503 components and not 500. Companies with larger market caps, such as Amazon and Alphabet, have more influence (i.e., weighting) within the benchmark index. The Invesco S&P 500 Equal Weight ETF is an exchange-traded fund (ETF) that assigns equal weight to all S&P 500 components. Instead of a 3% move from Alpha...