The dollar index (DXY00) today is up by +0.30%. The dollar recovered from early losses today and turned higher after US Feb producer prices rose more than expected, a hawkish factor for Fed policy. Also, signs of escalation in the Iran war knocked stocks lower and boosted liquidity demand for the dollar after Iran said it will target energy infrastructure in Saudi Arabia, Qatar, and the UAE in ret...
The dollar index (DXY00) today is up by +0.30%. The dollar recovered from early losses today and turned higher after US Feb producer prices rose more than expected, a hawkish factor for Fed policy. Also, signs of escalation in the Iran war knocked stocks lower and boosted liquidity demand for the dollar after Iran said it will target energy infrastructure in Saudi Arabia, Qatar, and the UAE in retaliation for US and Israeli airstrikes on its South Pars gas field and its Asaluyeh oil industry facilities. US Feb PPI final demand rose +0,7% m/m and +3.4% y/y, stronger than expectations of +0.3% m/m and +3.0% y/y. Feb PPI ex-food and energy rose +0.5% m/m and +3.9% y/y, stronger than expectations of +0.3% m/m and +3.7% y/y, with the +3.9% y/y gain the largest year-on-year increase in 13 months. Join 200K+ Subscribers: US Jan factory orders rose +0.1% m/m, right on expectations. The 2-day FOMC ends later today, and market expectations are for the Fed to keep the federal funds target range unchanged at 3.50%-3.75%. With the Jan core PCE price index, the Fed’s preferred inflation gauge, at 3.1%, well above the Fed’s 2.0% target, the Fed is expected to signal an extended pause ahead. Swaps markets are discounting the odds at 0% for a -25 bp rate cut at the Tue/Wed FOMC meeting. The dollar continues to be undercut by a poor outlook for interest rate differentials, with the FOMC expected to cut interest rates by at least -25 bp in 2026, while the BOJ and ECB are expected to raise rates by at least +25 bp in 2026. EUR/USD (^EURUSD) today is down by -0.30%. The euro gave up an early advance today and moved lower as the dollar strengthened on the hawkish US Feb PPI report. Losses in the euro accelerated today after crude oil prices whipsawed higher on signs of escalation of the war against Iran after Iran said it will target other Middle Eastern oil infrastructure in retaliation for US and Israeli attacks on its South Pars gas field and Asaluyeh oil industry facilities. The incr...
coffeekai/iStock via Getty Images Charles Dallara, advisory partner and chairman at Partners Group, warned that prolonged energy supply disruptions stemming from the Israel-Iran conflict pose a “serious risk” to the global economy. The former assistant secretary of the Treasury said disruptions initially expected to last weeks could now extend into months due to significant damage to natural gas i...
coffeekai/iStock via Getty Images Charles Dallara, advisory partner and chairman at Partners Group, warned that prolonged energy supply disruptions stemming from the Israel-Iran conflict pose a “serious risk” to the global economy. The former assistant secretary of the Treasury said disruptions initially expected to last weeks could now extend into months due to significant damage to natural gas infrastructure in the region. In an interview with CNBC, Dallara explained that recovering from the damage to gas production—whether in Iran or Qatar—will be extremely difficult in any short period of time. “We are increasingly looking at a longer disruption to energy supplies,” he said, adding that the extended timeline “poses much more serious risk for the global economy.” Drawing on his background as a former naval officer, Dallara emphasized that military action alone cannot secure the Strait of Hormuz. He noted that “all the bombing in the world does not eliminate the risk” of Iran’s “swift boat action,” describing the country’s capacity to disrupt merchant traffic through “swarm tactics” with small, missile-armed boats and drones as “quite substantial.” Dallara contrasted the current situation with the coalition-building approach taken during the Gulf War under President George H.W. Bush, when the administration spent months assembling international allies before taking action. “I think in this situation, the lack of consultation with our allies is costing us,” he said, noting that European and Australian partners have not joined U.S. efforts to escort ships through the strait. To regain allied support, Dallara suggested the administration should consider offering diplomatic concessions, including a temporary suspension of tariffs. Such a move would represent “an important gesture of solidarity at a time when we actually do need some collaboration,” he said, pointing to other temporary measures already being implemented, such as the president’s 60-day waiver of the Jon...
Atitaya Pimpa Yara International said it has scaled back fertilizer production in India after disruptions to natural gas supplies tied to conflict in the Middle East, Bloomberg News reported Wednesday. The Oslo-based company reduced ammonia and urea output at its plant in Babrala, Uttar Pradesh, according to Chief Executive Svein Tore Holsether. He said other producers in India have also idled fac...
Atitaya Pimpa Yara International said it has scaled back fertilizer production in India after disruptions to natural gas supplies tied to conflict in the Middle East, Bloomberg News reported Wednesday. The Oslo-based company reduced ammonia and urea output at its plant in Babrala, Uttar Pradesh, according to Chief Executive Svein Tore Holsether. He said other producers in India have also idled facilities due to limited gas availability. India’s fertilizer industry depends heavily on imported liquefied natural gas, much of it sourced from the Persian Gulf. Ongoing conflict in the region has interrupted a significant portion of exports, including from Qatar, a key supplier. The supply shock has driven up prices for LNG, fertilizers and related commodities. Holsether said the situation is raising concerns about the reliability of global fertilizer supplies and whether farmers will be able to afford key inputs. Yara said separately that the production cuts in India are expected to have only a limited effect on its financial performance, with margins holding steady. The company has not made similar reductions in Europe, where its operations are larger. Holsether noted that increases in urea prices in Europe have generally kept pace with or exceeded rising gas costs. The supply strain has prompted broader debate in the European Union about how to support agriculture as the conflict continues. Hungary’s agriculture minister recently urged EU officials to allow imports of fertilizers from Russia and Belarus and to suspend tariffs, arguing it would ease pressure on the sector. Holsether opposed that approach, warning it could bolster Russia’s war effort and undermine Europe’s domestic production capacity at a time when supply resilience is increasingly important. The European Commission said it is reviewing the proposal as part of a broader consultation process. Officials are expected to outline a Fertilizer Action Plan in the coming months, aimed at addressing supply vulner...
Douglas Rissing/iStock via Getty Images Google ( GOOG )( GOOGL ) has apparently taken advantage of Anthropic's ( ANTHRO ) recent fallout with the Pentagon and has expanded its partnership with the U.S. military, according to The New York Times . Last month, during the standoff between the U.S. Department of War and Anthropic over a disagreement in military use cases regarding artificial intelligen...
Douglas Rissing/iStock via Getty Images Google ( GOOG )( GOOGL ) has apparently taken advantage of Anthropic's ( ANTHRO ) recent fallout with the Pentagon and has expanded its partnership with the U.S. military, according to The New York Times . Last month, during the standoff between the U.S. Department of War and Anthropic over a disagreement in military use cases regarding artificial intelligence, Google was making moves in the background, the report said. On February 26, Google Cloud CEO Thomas Kurian held a meeting with Under Secretary of War for Research and Engineering Emil Michael. During the meeting, Kurian made an expanded offering of its AI tools for the U.S. military. Over the course of the next few days, the Pentagon labeled Anthropic as a supply chain risk and signed a deal with OpenAI ( OPENAI ) to deploy its models within a classified government network. And last week, Google expanded its Gemini for Government program. Google recently launched its Gemini for Government program in December 2025. Google's GenAI.mil and Agent Designer tools now allow Department of War civilian and military personnel to build agents supporting unclassified work tasks. It is being utilized by five U.S. military branches and has more than 1M users, Google said. Back in 2018, Google employees raised ethical concerns over the use of its AI to analyze drone surveillance footage as part of "Project Maven." As a result, Google did not renew this contract in 2019. However, Google never ended its relationship with the U.S. military and is now expanding usage of its AI tools, at least in non-classified instances. More on Alphabet Alphabet: Inside Google Cloud's New Growth Pillars Alphabet Q4: A Fairly Valued Tech Titan To Buy Now Alphabet: Apple AI Deal Is The Biggest Blind Spot The hyperscalers are ‘too big to fail’ – analyst Alphabet expands use of personal intelligence across search, Gemini app and Chrome in US
In this article JPM Follow your favorite stocks CREATE FREE ACCOUNT Tom Brady looks on prior to an NFL game between the Baltimore Ravens and the Dallas Cowboys at AT&T Stadium in Arlington, Texas, Sept. 22, 2024. Cooper Neill | Getty Images Sport | Getty Images JPMorgan Chase has recruited some of the biggest names in American sports to help tackle a persistent problem: professional athletes going...
In this article JPM Follow your favorite stocks CREATE FREE ACCOUNT Tom Brady looks on prior to an NFL game between the Baltimore Ravens and the Dallas Cowboys at AT&T Stadium in Arlington, Texas, Sept. 22, 2024. Cooper Neill | Getty Images Sport | Getty Images JPMorgan Chase has recruited some of the biggest names in American sports to help tackle a persistent problem: professional athletes going broke . The bank on Wednesday announced an initiative called the JPMorgan Chase Athlete Council, led by two-time NBA Hall of Famer Dwyane Wade and featuring other high-profile athletes including Tom Brady, Sue Bird, Alex Morgan, Megan Rapinoe, A'ja Wilson and Jalen Brunson. The stars will meet with JPMorgan executives to help the bank craft programs designed to serve athletes from college to professional life and retirement, JPMorgan said in a release. The move reflects growing competition among banks and wealth managers to serve athletes, the most prominent of whom are increasingly becoming entrepreneurs, investors and media personalities. Most athletes don't receive personal finance education in school, and their relatively short careers leave a narrow earning window that requires careful planning, according to JPMorgan, the biggest U.S. bank by assets. About one in six NFL players declare bankruptcy within 12 years of retiring, the bank said. "An athlete's career and earning power are unique," said Kristin Lemkau, head of JPMorgan Wealth Management. "Careers can be short and retirement unexpected. We want to develop a program by athletes for athletes." Wade said in the release that the initiative gives athletes a chance to share hard-won experiences with the next generation. "Having the right educational resources and guidance is critical to making smart decisions about money as your career evolves," he said. The bank is also standing up an Athlete Center of Excellence staffed by financial professionals with sports experience and launching a content hub with checklists ...
Loading the player… Artificial intelligence models are multiplying fast, and competition is stiff. With so many players crowding the space, which one will be the best — and who decides that? Arena, formerly LM Arena, has emerged as the de facto public leaderboard for frontier LLMs, influencing funding, launches, and PR cycles. In just seven months, the startup went from a UC Berkeley PhD research ...
Loading the player… Artificial intelligence models are multiplying fast, and competition is stiff. With so many players crowding the space, which one will be the best — and who decides that? Arena, formerly LM Arena, has emerged as the de facto public leaderboard for frontier LLMs, influencing funding, launches, and PR cycles. In just seven months, the startup went from a UC Berkeley PhD research project to being valued at $1.7 billion. Watch as Equity host Rebecca Bellan catches up with Arena co-founders Anastasios Angelopoulos and Wei-Lin Chiang about how their platform became the go-to leaderboard for frontier AI models, and how they’re trying to build a neutral benchmark even as companies like OpenAI, Google, and Anthropic back the project. They break down how Arena works and why it’s harder to game than static benchmarks, what “structural neutrality” actually means, why Claude is currently topping expert leaderboards in legal and medical use cases, and how the company is expanding beyond chat to benchmark agents, coding, and real-world tasks with a new enterprise product. Subscribe to Equity on YouTube, Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod.
00:00 Speaker A As we're talking about transparency, we might as well move on to the Securities and Exchange Commission and some stuff that they are doing and that they're reportedly doing. I mean, really on the transparency side, there is the report from the Wall Street Journal that the SEC is considering no longer requiring companies to report four times a year, quarterly, that they could report...
00:00 Speaker A As we're talking about transparency, we might as well move on to the Securities and Exchange Commission and some stuff that they are doing and that they're reportedly doing. I mean, really on the transparency side, there is the report from the Wall Street Journal that the SEC is considering no longer requiring companies to report four times a year, quarterly, that they could report two times a year. Um and this is something that um President Trump has floated before. Um this is something that some companies have have pushed for. They say 00:30 Speaker A those regulations, the cost of reporting every quarter is just so onerous, um for them to do. In Europe, they only um are required to report twice a year. So it would be, you know, because we have been talking so much about wanting to emulate the European regulatory system and economy, why not follow them on this particular item? 00:54 Speaker A Um, you know, I think like we as journalists, it's obviously helpful to have a company report four times a year. I understand the allure. Not so much like the regulatory burden of reporting four times a year. I get the argument that, you know, this causes companies to not and the market to not focus as much on the long-term, they focus too much on the short-term. I get that argument. 01:17 Speaker A I I think there's I'm I'm I would be sad if we if companies didn't report four times a year. 01:23 Speaker B Well, it seems pretty clear that the rule is going to change. Right? I mean, the report is that there's likely to be, um, you know, God, what is the word? The they formally put out the process, you know, call for comments essentially, you know. Um solicitation, I think is um it might be the right word. So that's going to happen and it feels like this is going to be a change that happens. 01:50 Speaker B Now, what as I've thought about this, I sort of don't think every company is going to follow the new rules right away. Like I think a lot of companies 02:00 ...
For many seniors, retirement doesn't mean disappearing from the workforce entirely. Some people want to retire and still work part-time, while others must keep working into their traditional retirement years out of financial necessity. Earning a paycheck is typically not a bad thing for seniors, but things can get tricky because work can affect your Social Security benefits in certain situations. ...
For many seniors, retirement doesn't mean disappearing from the workforce entirely. Some people want to retire and still work part-time, while others must keep working into their traditional retirement years out of financial necessity. Earning a paycheck is typically not a bad thing for seniors, but things can get tricky because work can affect your Social Security benefits in certain situations. Some retirees can work as much as they want while still collecting Social Security, while others have strict limits, and failure to understand them could lead to an unexpected loss in retirement benefits. Here's what you need to know about working while collecting Social Security so you can see what will happen if you decide to work after claiming your retirement checks. These retirees can work as much as they want For some seniors, the size of their paycheck will have no impact on their monthly Social Security benefits. They can work as much as they want, as many jobs as they want, to supplement the money in their retirement plans. Seniors who can do that are those who have already reached their full retirement age (FRA). FRA is based on birth year. For anyone born in 1960 or later, it's 67. As the Social Security Administration makes clear, "starting with the month you reach full retirement age, there is no limit on how much you can earn and still receive your benefits." Working after FRA will not only not reduce your monthly checks, but could ultimately end up increasing them because benefits are based on average wages during your 35 highest earning years. If the salary you're earning as an older retiree is more than the amount you earned during any of your younger years that are included in the 35 years used to calculate benefits, you could get a larger payment once your new work is factored in. These work limits apply to younger Social Security beneficiaries If you haven't hit FRA yet, then you can't just accept a high-paying job and assume your benefits will stay the ...
Key Points Webs Creek Capital Management sold 1,273,209 shares of Viper Energy in the fourth quarter. The quarter-end position value decreased by $48.55 million, reflecting both share sales and market price movement. The quarter-end stake stood at 270,923 shares valued at $10.47 million. 10 stocks we like better than Viper Energy › On February 17, 2026, Webs Creek Capital Management disclosed in a...
Key Points Webs Creek Capital Management sold 1,273,209 shares of Viper Energy in the fourth quarter. The quarter-end position value decreased by $48.55 million, reflecting both share sales and market price movement. The quarter-end stake stood at 270,923 shares valued at $10.47 million. 10 stocks we like better than Viper Energy › On February 17, 2026, Webs Creek Capital Management disclosed in an SEC filing that it sold 1,273,209 shares of Viper Energy (NASDAQ:VNOM) in the fourth quarter, an estimated $48.21 million transaction based on quarterly average pricing. What happened According to a SEC filing dated February 17, 2026, Webs Creek Capital Management LP reduced its position in Viper Energy (NASDAQ:VNOM) by 1,273,209 shares during the fourth quarter of 2025. The estimated transaction value was $48.21 million, calculated using the period’s average unadjusted closing price. The quarter-end value of the position fell by $48.55 million, a figure that includes both the share sale and market price changes. What else to know Webs Creek Capital Management’s VNOM stake now accounts for 1.87% of its 13F reportable AUM after the sale. Top holdings after the filing: NYSE:WHD: $57.73 million (10.3% of AUM) NYSE:AR: $51.83 million (9.3% of AUM) NYSE:OVV: $51.07 million (9.1% of AUM) NASDAQ:WFRD: $49.30 million (8.8% of AUM) NYSE:MTZ: $43.88 million (7.9% of AUM) As of Wednesday, VNOM shares were priced at $47.16, up about 8% over the past year and underperforming the S&P 500’s roughly 19% gain in the same period. Company overview Metric Value Market capitalization $17.7 billion Revenue (TTM) $1.4 billion Net income (TTM) ($69 million) Dividend yield 5% Company snapshot Viper Energy owns and manages mineral interests in oil and natural gas properties, primarily in the Permian Basin and Eagle Ford Shale The firm focuses on acquiring and managing mineral and royalty interests It operates as a subsidiary of Diamondback Energy (NASDAQ:FANG) Viper Energy holds mineral interests ...
With Micron Technology set to report earnings after the bell Wednesday, analysts will looks for signs on whether the company can keep up with the outsized demand for its advanced memory chips. Micron manufactures high-performance DRAM and high-bandwidth memory chips, two pieces of hardware critical to powering AI data centers, making the company a beneficiary of the so-called AI supercycle . In 20...
With Micron Technology set to report earnings after the bell Wednesday, analysts will looks for signs on whether the company can keep up with the outsized demand for its advanced memory chips. Micron manufactures high-performance DRAM and high-bandwidth memory chips, two pieces of hardware critical to powering AI data centers, making the company a beneficiary of the so-called AI supercycle . In 2025, global investments in AI data centers surged to $61 billion, up slight from the year prior due to a "global construction frenzy," according to an S & P Global report. This has led to a spike in memory chip prices and has sent Micron shares higher by 354% over the past year. MU 1Y mountain Micron Technology shares surged more than 300% over the past year. Expectations heading into Wednesday's report are sky high. LSEG data shows analysts on average expect a profit of $9.31 per share for fiscal Q2. That's nearly 500% above Micron's earnings in the year-earlier period. Revenue for the quarter is also expected to have doubled. Guidance for the company is also expected to be strong due to heavy demand for high-bandwidth memory chips, according to several analysts. It has even led to Micron starting construction on what could eventually be a $100 billion chip-making facility in Central New York. The factory is expected to begin production in 2030, while the company's two other under-development facilities in Idaho are expected to become active by the end of 2028. Of the 44 analysts who cover Micron, 40 have a buy or strong buy on shares. In a recent note to clients, Morgan Stanley's Joseph Moore pointed to Micron's ability ramp up its production and shipping of its chips as well as the continuation of the AI supercycle as factors critical to the stock's growth. "Expect another quarter of results/guidance well above our/consensus estimates, but views on the duration of the cycle [will be] the key variable for the stock," Moore said Monday in a note to clients. The analyst, who...
Nearly there! A verification email is on its way to you. Please check your spam or junk folder just in case. If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: subscriptions@pei.group
Nearly there! A verification email is on its way to you. Please check your spam or junk folder just in case. If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: subscriptions@pei.group