Hi, this is Allen Wan in Shanghai. President Donald Trump postponed his highly anticipated trip to China set for later this month. Far from being disappointed, Beijing is probably at least a tad relieved . Besides frustration at the perceived lack of preparation by the US for the big summit, China was apparently concerned that hosting Trump could be seen as condoning the US leader’s actions in Ira...
Hi, this is Allen Wan in Shanghai. President Donald Trump postponed his highly anticipated trip to China set for later this month. Far from being disappointed, Beijing is probably at least a tad relieved . Besides frustration at the perceived lack of preparation by the US for the big summit, China was apparently concerned that hosting Trump could be seen as condoning the US leader’s actions in Iran , especially if the fighting was ongoing. China has said and done very little about the war that the US and Israel launched against Iran — one of Beijing’s friends — beyond calling for a ceasefire and sidestepping Trump’s inexplicable request to send ships to help reopen the Strait of Hormuz . Instead, a meeting with President Xi Jinping will probably take place in “about five or six weeks,” said Trump. The Chinese side hasn’t confirmed a date, giving it wiggle room if the mercurial US leader changes his mind again. There is little reason to believe that a short postponement will upend the improvement in US-China relations in recent months, given the good vibes coming out of a meeting in Paris last weekend between top officials from the nations. But uncertainty is anathema to Xi. China’s economy is projected to slow even further this year after the government set its most modest growth target in three decades, hamstrung by a property collapse, slumping consumption and lingering deflation. Those are all the reasons China needs to refrain from linking the war with the trade truce. Never mind that Iran was a reliable supplier of cheap oil , and a member of the Global South nations that Beijing wants to be seen as leading. The trade truce has indeed paid off for Xi, clearing the way for his country to boost exports around the world. It has also seen the Trump administration change course on tech export controls, meaning Nvidia can sell H200 AI accelerators to the nation. This week, CEO Jensen Huang said Nvidia was firing up production of those chips for customers in China . A...
Key Points Social Security recipients received a 2.8% cost-of-living adjustment (COLA) to their benefits this year. Medicare premiums increased for its plans. Medicare premium increases won't exceed the dollar increase you receive from Social Security's COLA. The $23,760 Social Security bonus most retirees completely overlook › Social Security is a much-needed source of income for millions, but it...
Key Points Social Security recipients received a 2.8% cost-of-living adjustment (COLA) to their benefits this year. Medicare premiums increased for its plans. Medicare premium increases won't exceed the dollar increase you receive from Social Security's COLA. The $23,760 Social Security bonus most retirees completely overlook › Social Security is a much-needed source of income for millions, but its purchasing power erodes if benefits remain the same while prices keep rising. That's why, in most years, Social Security applies a cost-of-living adjustment (COLA) that kicks in on Jan. 1. The amount of the COLA is determined by changes in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), a metric that tracks the price changes of common goods and services. This year, the COLA was 2.8%. 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 » At an average benefit of $2,000, the 2.8% boost would mean $56 more monthly. While retirees surely appreciate any increase in their monthly benefits, many will find that changes in Medicare costs offset much of that increase. What Medicare changes happened in 2026? Although Medicare is a helpful medical program, it doesn't come free. It has deductibles and premiums like any standard health insurance plan. Unfortunately, those have gone up this year. The deductible for Part A (hospital insurance) is increasing by $60 to $1,736; the deductible for Part B (medical insurance) is increasing by $26 to $283. Premium-wise, Part B is increasing by $17.90 to $202.90. Part A is premium-free for people who worked at least 10 years (40 quarters) or whose spouse did. People with 30 to 39 quarters of work will have a $311 premium, up $26 from 2025. People with fewer than 30 quarters of work will have a $565 premium, up $47. A note on Part B's and Part D's premiu...
K-pop stars BTS released a new album on Friday billed as reflecting the maturing boy band’s Korean roots and identity, as buzz built ahead of their open-air comeback concert in the heart of Seoul. The Saturday night gig, which is expected to draw around 260,000 people, will be BTS’s first after a hiatus of almost four years while all seven members served compulsory military service. It comes ahead...
K-pop stars BTS released a new album on Friday billed as reflecting the maturing boy band’s Korean roots and identity, as buzz built ahead of their open-air comeback concert in the heart of Seoul. The Saturday night gig, which is expected to draw around 260,000 people, will be BTS’s first after a hiatus of almost four years while all seven members served compulsory military service. It comes ahead of an 82-date world tour. “We gave deep thought to our identity – and how best to express ourselves authentically – across the entirety of our music and performances,” BTS member Jimin said ahead of the release of the group’s album, their fifth studio release. “As an extension of that process, we also revisited the significance of our background as a group comprised entirely of Korean members,” he said in a statement. Beginning with Body to Body and ending with Into the Sun, the 14-track Arirang album takes its name from a folk song about longing and separation that is often dubbed South Korea’s unofficial national anthem. An animated trailer for it appears to draw on the story of Korean students whose singing of the song US anthropologist Alice Fletcher recorded on a cylinder phonograph in Washington in 1896. As the melody plays, the trailer shows the students sailing to the United States before cutting to BTS at Seoul’s Gyeongbokgung Palace – the backdrop for Saturday’s concert. View image in fullscreen BTS will play in front of Seoul’s Gyeongbokgung Palace on Saturday. Photograph: Jung Yeon-Je/AFP/Getty Images Excitement meanwhile grew in Seoul, with hotels long since booked out and thousands flying in from overseas, ramming home the immense popularity of a multi-award-winning act singing mostly in Korean. BTS are the music vanguard of a Korean cultural wave, which includes Oscar-winning films like Parasite and KPop Demon Hunters, hit dramas like Squid Game, Nobel-winning author Han Kang, food and cosmetics endorsed by the likes of Kylie Jenner. In Seoul, the streets we...
The post Novo Nordisk (NVO) Stock Price Prediction: 2026, 2027, 2030 by Ryan Peterson appeared first on Benzinga . Visit Benzinga to get more great content like this. Analysts are saying that Novo Nordisk could hit $21 by 2030. Bullish on NVO? Invest in Novo Nordisk on SoFi with no commissions. If it’s your first time signing up for SoFi, you’ll receive up to $1,000 in stock when you first fund yo...
The post Novo Nordisk (NVO) Stock Price Prediction: 2026, 2027, 2030 by Ryan Peterson appeared first on Benzinga . Visit Benzinga to get more great content like this. Analysts are saying that Novo Nordisk could hit $21 by 2030. Bullish on NVO? Invest in Novo Nordisk on SoFi with no commissions. If it’s your first time signing up for SoFi, you’ll receive up to $1,000 in stock when you first fund your account. Plus, get a 1% bonus if you transfer your investments and keep them there until December 31, 2025. As the maker of Ozempic and Wegovy, Danish pharmaceutical giant Novo Nordisk (NVO) is a global leader in diabetes care and obesity treatment. Despite a challenging year where shares have lost more than half their value, the stock’s potential upside remains significant, buoyed by ongoing innovation and a strong product pipeline. Traders and investors closely watch NVO’s price action alongside macroeconomic factors that include tariffs affecting pharmaceutical imports. In this article, we’ll review NVO’s current price and valuation, examine price-target forecasts through 2030, analyze Wall Street’s latest sentiment, and break down the bullish and bearish outlooks shaping the stock’s risk/reward proposition. Table of contents [ Show ] Current NVO Stock Overview Quick Snapshot Table of Predictions Bull & Bear Case NVO Stock Price Prediction for 2026 NVO Stock Price Prediction for 2027 NVO Stock Price Prediction for 2030 Investment Considerations Frequently Asked Questions Current NVO Stock Overview Market Cap: $165.29 Billion Trailing P/E: 10.43 Forward P/E: 10.10 1 Year Return: -53% YTD Return: -28% Novo Nordisk’s current stock price for March 2026 is around $38, which is a drop of around 73% from an all-time closing high of $142 in June of 2024. A 52-week range from $35 to $81, indicates high volatility, while an average price of $68 underscores the recent correction. This fluctuating price action reflects both the company’s operational dynamics and external shocks i...
(RTTNews) - European stocks may open a tad higher on Monday, after having suffered heavy losses in the previous session amid heightened political uncertainty in Europe. Asian markets traded mostly lower as a slew of top-tier economic data from China painted a sluggish picture of the economy. China's retail sales grew at a faster-than-expected pace in May, while industrial output lagged expectation...
(RTTNews) - European stocks may open a tad higher on Monday, after having suffered heavy losses in the previous session amid heightened political uncertainty in Europe. Asian markets traded mostly lower as a slew of top-tier economic data from China painted a sluggish picture of the economy. China's retail sales grew at a faster-than-expected pace in May, while industrial output lagged expectations, fixed asset investment missed estimates and new home prices declined at the fastest pace in nearly 10 years, adding pressure on Beijing to shore up growth. Investors also fretted about a wider Middle East war after the Israeli military warned that intensified cross-border fire from Lebanon's Hezbollah terror group into Israel could trigger serious escalation. Japan's Nikkei index fell more than 2 percent as investors waited to hear details of the Bank of Japan's next tightening steps. The dollar was firm in Asian trading, while oil and gold were seeing modest losses. The Europeaneconomic calendarremains light, with final inflation data from Italy and economic forecast from Switzerland awaited later in the day. In the U.S., reports on retail sales, industrial production, housing starts and existing home sales are awaited this week. The holiday-shortened week will also see earnings from prominent companies such as IT and consulting services firm Accenture and supermarket chain Kroger. Central bank meetings in Australia, Norway and the U.K. will be in focus this week, with all central banks expected to hold rates steady. The Swiss National Bank (SNB) might announce another rate cut, given the recent strength of the Swiss franc. U.S. stocks ended narrowly mixed on Friday but posted strong weekly gains on growing hopes for the Federal Reserve to cut interest rates in September. In economic releases, U.S. import prices fell for the first time in five months in May and year-ahead inflation expectations were unchanged at 3.3 percent in June while consumer sentiment dropped to a ...
Five days after the US and Israel killed Iran’s supreme leader, the top bureaucrat in India’s Foreign Ministry made his way to the Islamic Republic’s embassy on a tree-lined street in New Delhi. Sitting next to a large photo of Ayatollah Ali Khamenei on March 5, Foreign Secretary Vikram Misri signed a condolence book and expressed sympathies “on behalf of the people and the Government of India.” O...
Five days after the US and Israel killed Iran’s supreme leader, the top bureaucrat in India’s Foreign Ministry made his way to the Islamic Republic’s embassy on a tree-lined street in New Delhi. Sitting next to a large photo of Ayatollah Ali Khamenei on March 5, Foreign Secretary Vikram Misri signed a condolence book and expressed sympathies “on behalf of the people and the Government of India.” On the same day, Indian Foreign Minister Subrahmanyam Jaishankar held a phone call with his Iranian counterpart, their second since hostilities began. Those conversations helped accelerate talks that culminated more than a week later in Iran giving permission for two India-flagged LPG tankers to exit the strait safely. It was a diplomatic coup for Modi’s government since very few ships, most of them linked to China and Iran, have been able to move through the waterway since the war began. Up until those March 5 meetings, Prime Minister Narendra Modi ’s government had been relatively silent on the attacks, seeking to walk a fine line between Iran, a longstanding friend, and both the US and Israel, important economic and defense partners. Yet the need to reach out to Iran had become necessary, according to officials in New Delhi familiar with the matter, who asked not to be identified because of the sensitivity of the matter. Iran’s virtual shutdown of the Strait of Hormuz has caused severe cooking gas shortages for millions of Indian families and small businesses, threatening economic stability in the country. About 90% of India’s liquefied petroleum gas imports come through the strait. The opening for the breakthrough came a day earlier, when an Iranian naval ship with a crew of 183 docked at the western port of Kochi. That same day, a US submarine had torpedoed another Iranian warship in the Indian Ocean near Sri Lanka, leaving more than 80 dead and dozens missing. A third Iranian vessel was allowed to dock at a port in Sri Lanka. The Iranians took India’s gesture as a posi...
Hi, this is Andrea in Prague. Welcome to our weekly newsletter on what’s shaping economics and investments from the Baltic Sea to the Balkans. You can subscribe here . Get It Done President Volodymyr Zelenskiy didn’t mince his words with Ukrainian lawmakers. Either get on with passing the necessary legislation, or go and serve the country on the front line in the war against Russia. The sharp mess...
Hi, this is Andrea in Prague. Welcome to our weekly newsletter on what’s shaping economics and investments from the Baltic Sea to the Balkans. You can subscribe here . Get It Done President Volodymyr Zelenskiy didn’t mince his words with Ukrainian lawmakers. Either get on with passing the necessary legislation, or go and serve the country on the front line in the war against Russia. The sharp message came as representatives of the International Monetary Fund headed to the country. Their mission was to check on progress on the amendments needed to ensure aid from Ukraine’s $8.1 billion package keeps flowing, as my colleagues Volodymyr Verbianyi and Olesia Safronova reported from Kyiv. Parliament’s 393 members have until the end of this month to get the changes approved by at least 226 votes, otherwise the war-torn nation will find itself in increased difficulty. But they’ve been stalling because the measures are unpopular with the electorate, raising taxes on businesses and households just after the war entered its fifth year. The prospect of having IMF funds frozen couldn’t come at a worse time. Ukraine is already strapped for cash after Hungary vetoed a European Union loan package worth more than €90 billion ($104 billion) because of a dispute over oil supplies . Hungarian Prime Minister Viktor Orban defied pressure from European allies, saying he won’t budge until oil flows from Russia are restored. The central bank may have to lend directly to the government to plug the hole like it did in the first year of the full-scale war, Governor Andriy Pyshnyi said earlier this month. Zelenskiy needs the support. He’s fighting to keep his allies close and engaged, both at home and abroad. The coming weeks will show whether his threat to parliamentarians has worked. The IMF’s next review of Ukraine’s program is scheduled for June. Around the Region Montenegro: The EU is close to overcoming a key obstacle to the Balkan nation’s membership bid: its de-facto adoption of the eu...
narvo vexar/iStock via Getty Images Q4 2025 Fund Performance Summary For the quarter ending December 31, 2025, the fund's total return was -2.05% on NAV and -5.67% on market price versus a 1.71% return for the blended comparator index (30% MSCI ACWI Index, 20% ICE BofA All US Convertibles Index, and 50% Bloomberg US High Yield 2% Issuer Capped Index). The fund's one-year return was 8.06% on NAV an...
narvo vexar/iStock via Getty Images Q4 2025 Fund Performance Summary For the quarter ending December 31, 2025, the fund's total return was -2.05% on NAV and -5.67% on market price versus a 1.71% return for the blended comparator index (30% MSCI ACWI Index, 20% ICE BofA All US Convertibles Index, and 50% Bloomberg US High Yield 2% Issuer Capped Index). The fund's one-year return was 8.06% on NAV and 10.53% on market price versus 12.35% for the comparator index. Fund positioning reflected a growing conviction that AI infrastructure narratives were approaching their apex, prompting a gradual reduction in momentum-driven mega caps while increasing exposure to pro-growth cyclicals. The long portfolio generated solid returns, led by industrials, which benefited from spillover effects from data center buildouts. Advantaged Yield, Earned Distributions The fund (CPZ) provides monthly distributions that have been less dependent on interest rates than traditional income strategies. As of December 31, 2025, the fund has paid distributions totaling $9.93 per share since inception. The fund is currently paying monthly distributions of $0.1400 per share. This distribution aligns with the investment team's prioritization of healthy shareholder distributions. We continue to have confidence in the fund's ability to sustain its risk-managed returns across the equity and fixed-income markets while allowing investors to participate directly in those returns through higher monthly payouts. Leverage The ability to employ leverage is a feature of our strategy. We maintained leverage of $120 million during the quarter. We believe the judicious use of leverage, at approximately 27% as of December 31, 2025, will be accretive to performance as it has been over the fund's life. Never a Dull Moment The Calamos Phineus Long/Short Fund (Class I shares at NAV) declined -1.32% in Q4 on an average net equity exposure of 16.6%— below the fund's 28.4% historical average and reflecting our systematic re...