On Wednesday, Sarwar said he had sacked her from Labour's frontbench when he became aware of the situation, and dropped her as an election candidate when he did not receive "appropriate answers" to questions about Morton, who she has known since childhood.
On Wednesday, Sarwar said he had sacked her from Labour's frontbench when he became aware of the situation, and dropped her as an election candidate when he did not receive "appropriate answers" to questions about Morton, who she has known since childhood.
Grafissimo/E+ via Getty Images In case you have been hiding under a rock, it has been a rough few months for the crypto markets. Since peaking in late September of last year, Bitcoin has fallen by nearly half, from $123,000 - at its peak - to roughly $66,000 as of this writing: TradingView The reasons behind this decline are numerous, but at the forefront has been the recent announcement of Trump’...
Grafissimo/E+ via Getty Images In case you have been hiding under a rock, it has been a rough few months for the crypto markets. Since peaking in late September of last year, Bitcoin has fallen by nearly half, from $123,000 - at its peak - to roughly $66,000 as of this writing: TradingView The reasons behind this decline are numerous, but at the forefront has been the recent announcement of Trump’s new Federal Reserve chair nominee, Kevin Warsh, who markets widely perceive as hawkish . In turn, this has had an impact on the ongoing dollar debasement trade, which had seen precious metals, commodities, and numerous cryptocurrencies appreciate versus the dollar. As this trade has unwound in recent days - on the back of a potentially hawkish Federal Reserve posture - crypto markets have been slammed. Robinhood ( HOOD ), one of the largest trading platforms in the world, has significant exposure to the crypto markets, and in Q3 of 2025, 37% of the company’s total trading revenues came from crypto volumes. As a result, shares of HOOD have been slammed, down nearly 30% over the last two weeks and more than 50% from their peak in October of last year: TradingView While Robinhood is seeing ongoing earnings volatility as a result of client overexposure to high-beta assets like Bitcoin and big tech, the company remains a structural growth story that has begun producing unbelievable profits in recent quarters. To me, the selloff looks like a perfect opportunity to get involved with the stock at a much better price than we've seen in a while. Today, I'll update my thesis on Robinhood, touch on the valuation, and explain why I am buying this dip with both hands. Sound good? Let’s dive in. Financials I have written about Robinhood four times here on Seeking Alpha. Seeking Alpha In my initial coverage, which came out in January of 2024 (more than two years ago!), I called the stock a Strong Buy on the back of the company’s strong product velocity and relative undervaluation. I cove...
Image source: The Motley Fool. Wednesday, Feb. 11, 2026 at 10:30 a.m. ET Call participants Chief Executive Officer — Stephen Horn Chief Financial Officer — Vincent Chao Need a quote from a Motley Fool analyst? Email [email protected] Takeaways AFFO per Share -- $0.87 in the fourth quarter, marking a 6.1% increase year over year, with full-year AFFO per share of $3.44 (up 2.7%). -- $0.87 in the fou...
Image source: The Motley Fool. Wednesday, Feb. 11, 2026 at 10:30 a.m. ET Call participants Chief Executive Officer — Stephen Horn Chief Financial Officer — Vincent Chao Need a quote from a Motley Fool analyst? Email [email protected] Takeaways AFFO per Share -- $0.87 in the fourth quarter, marking a 6.1% increase year over year, with full-year AFFO per share of $3.44 (up 2.7%). -- $0.87 in the fourth quarter, marking a 6.1% increase year over year, with full-year AFFO per share of $3.44 (up 2.7%). Core FFO per Share -- $0.87 for the quarter and $3.41 for the year, each up 6.1% and 2.7% year over year, respectively. -- $0.87 for the quarter and $3.41 for the year, each up 6.1% and 2.7% year over year, respectively. Acquisition Volume -- over $900 million in 2025, the highest in company history, with just over $180 million invested across 55 properties in the fourth quarter at a 7.4% initial cap rate. -- over $900 million in 2025, the highest in company history, with just over $180 million invested across 55 properties in the fourth quarter at a 7.4% initial cap rate. Occupancy -- 98.3% at year-end, representing an 80-basis-point sequential increase and aligning with NNN's long-term average. -- 98.3% at year-end, representing an 80-basis-point sequential increase and aligning with NNN's long-term average. Dispositions -- $190 million for the year, including $82 million in the fourth quarter from 18 income-producing and 42 vacant properties. -- $190 million for the year, including $82 million in the fourth quarter from 18 income-producing and 42 vacant properties. Annualized Base Rent -- $928 million at quarter-end, representing a nearly 8% increase year over year, driven mainly by acquisition activity. -- $928 million at quarter-end, representing a nearly 8% increase year over year, driven mainly by acquisition activity. Dividend -- Announced $0.60 per share quarterly, a 3.4% year-over-year increase, producing a 5.5% annualized yield and a 69% AFFO payout ratio. -- An...
Bill Ford, chairman and CEO of General Atlantic, sits down with Dani Burger on "Bloomberg Deals" to discuss the firm’s approach to global diversification, navigating rising geopolitical risks and the current investing landscape. (Source: Bloomberg)
Bill Ford, chairman and CEO of General Atlantic, sits down with Dani Burger on "Bloomberg Deals" to discuss the firm’s approach to global diversification, navigating rising geopolitical risks and the current investing landscape. (Source: Bloomberg)
Second annual report looks at spending by 400+ brands and more than $42 billion in historical data to understand how brands allocated spend and generated returns across channels CARY, N.C., February 11, 2026--(BUSINESS WIRE)--New research shows that while social media remained a core channel for advertisers in terms of ROI, investment declined as platform fragmentation, creative demands and regula...
Second annual report looks at spending by 400+ brands and more than $42 billion in historical data to understand how brands allocated spend and generated returns across channels CARY, N.C., February 11, 2026--(BUSINESS WIRE)--New research shows that while social media remained a core channel for advertisers in terms of ROI, investment declined as platform fragmentation, creative demands and regulatory uncertainty created real challenges for marketers. The 2026 Marketing Investment Framework & Decision Guide from Keen Decision Systems, a next-generation marketing mix SaaS company, analyzed data from over 400 brands and more than $42 billion of historical marketing investment across a diverse set of verticals to provide an overview of the advertising landscape in 2026. The report shows that the share of social media spending dropped from 18% to 17% in 2025, with TikTok investment dropping by 8 percentage points after heavy increases in 2024. Meta bounced back to 60% of investment after dropping to 55% in 2024, as ROI improved amid declining costs. Overall, search maintained the highest share of spending in 2025, accounting for 25% of all investments. Streaming video held steady at 17%, while display saw investment increase by 4% to reach 15% in 2025. Linear TV maintained 19% of spending but saw ROI decline. "Channel allocations in 2025 reflected marketers’ desire to lean into what’s reliable, whether it was by holding commitments even as returns softened or hesitated on channels that haven’t yet proven at scale," Justin Jefferson, Vice President, Strategy and Insights, at Keen Decision Systems. "This pattern created efficiency gains in some areas while leaving significant untapped opportunities in others. In 2026, brands should prioritize a mix that balances legacy and emerging channels without losing ROI." Other key findings include:
Gas-fired power plants, once unloved bets, are now a hot trade for private equity. Energy Capital Partners is among investors profiting by flipping natural gas plants to electricity producers, which are scrambling to meet demand for power driven by artificial intelligence. The firm paid $2.3 billion last year to buy gas and coal generation assets from a Blackstone Inc. and ArcLight Capital Partner...
Gas-fired power plants, once unloved bets, are now a hot trade for private equity. Energy Capital Partners is among investors profiting by flipping natural gas plants to electricity producers, which are scrambling to meet demand for power driven by artificial intelligence. The firm paid $2.3 billion last year to buy gas and coal generation assets from a Blackstone Inc. and ArcLight Capital Partners joint venture, according to people familiar with the matter. In January, roughly five months after completing the deal, ECP agreed to sell the three gas plants it had just acquired to Talen Energy Corp. for $3.45 billion . Blackstone notched a gain of about 2.5 times on its roughly eight-year-old investment. Still, the quick profit of more than $1 billion for ECP has caused some dealmakers at Blackstone to question whether the firm should have held onto the assets for longer, according to the people familiar with the matter. Blackstone and ECP, a unit of Bridgepoint Group Plc , declined to comment on the transaction, which is pending regulatory approval. ArcLight didn’t reply to messages seeking comment. With gas plants trading at a frenzied clip, power investors are poised for another banner year. Private equity firms agreed to sell more than $8 billion of natural gas plants in January alone, compared with more than $25 billion for all of last year, according to data from energy research firm Enverus. It’s vindication for firms that came under intense scrutiny for stockpiling oil and gas assets, with investors fretting the holdings would be stranded as the Biden administration prodded electricity producers to cut emissions. The script has flipped. President Donald Trump has said bolstering the oil and gas industry is critical for national security. The largest grid operator in the US is under pressure from his administration to speed up the development of power plants. Tech companies require vast amounts of energy to train AI models — and the sooner the better. Data cent...
In this article MGM HOOD DKNG Follow your favorite stocks CREATE FREE ACCOUNT An official NCAA basketball goes through the hoop during practice before their 2024 NCAA Tournament First Round game at PPG Paints Arena. Charles LeClaire | Reuters Prediction markets saw strong results from the Super Bowl, but it was just an appetizer for a banquet of sporting events in 2026 that are expected to drive s...
In this article MGM HOOD DKNG Follow your favorite stocks CREATE FREE ACCOUNT An official NCAA basketball goes through the hoop during practice before their 2024 NCAA Tournament First Round game at PPG Paints Arena. Charles LeClaire | Reuters Prediction markets saw strong results from the Super Bowl, but it was just an appetizer for a banquet of sporting events in 2026 that are expected to drive surging volumes in event contracts. Kalshi saw record downloads during Super Bowl week, up 1,544% from the same time period last year, according to a report from market intelligence firm Sensor Tower. Daily active users jumped more than 1,100% to nearly 2 million on the day of the big game, the firm said. That was almost three times the daily active users on sportsbook BetMGM, co-owned by MGM and Entain, which had 81% growth to 680,000 daily active users. Polymarket reported 59,000 daily active users and 264% growth over the previous year. More than $1 billion was traded on Kalshi for the Super Bowl, up 2,700% according to the company. Founder and CEO Tarek Mansour told CNBC Tuesday that consumers are drawn by having lots of trading options for the game in one place. "Our culture markets were huge this weekend. You know, 'What [Bad] Bunny was going to perform' was over $100 million in trading," he said. Though prediction markets allows users to buy event contracts for a wide swath of financial, weather, pop culture and other events, sports have been driving the action and the profits. Robinhood CEO Vlad Tenev is pushing back against any investor concerns the Super Bowl was as good as it gets for trading on sports prediction markets. "What we're actually seeing is surprising us," Tenev said on his company's fourth-quarter earnings call on Tuesday. "In January, for instance, NBA contracts surpassed NFL in trading activity on our platform." Major sports events keep rolling, with the Winter Olympics offering a variety of betting options through Feb. 22. This weekend, fans will a...
CinemaHopeDesign/iStock via Getty Images Overview DPM Metals Inc. ( DPM:CA ) ( DPMLF ) is a mid-size gold mining company with very low operating costs and an excellent operating history. The company has three operating mines, with its smaller Ada Tepe mine in Bulgaria expected to stop mining mid-2026. The flagship mine, Chelopech, is also located in Bulgaria, and DPM recently announced an increase...
CinemaHopeDesign/iStock via Getty Images Overview DPM Metals Inc. ( DPM:CA ) ( DPMLF ) is a mid-size gold mining company with very low operating costs and an excellent operating history. The company has three operating mines, with its smaller Ada Tepe mine in Bulgaria expected to stop mining mid-2026. The flagship mine, Chelopech, is also located in Bulgaria, and DPM recently announced an increase in reserves and a new mine plan. We can see in the chart below what the new mine plan is compared to in the past. The mine life has now been extended to 10 years, which is partly due to more reserves but also because the production profile has flattened a bit. Based on the exploration targets and good track record of finding more ounces, I do think the mine life is expected to grow over time. Figure 1 - Source: DPM Metals Press Release The company also has the Vareš mine located in Bosnia & Herzegovina, which came with the acquisition of Adriatic Metals that closed in September of 2025. That was around the time DPM Metals also changed its name from Dundee Precious Metals. Vareš is a polymetallic mine with silver and zinc as the main metals, even if the deposit also contains material amounts of gold and lead. This, together with the copper production from the Chelopech mine, is why DPM Metals has started to provide guidance in gold equivalent ounces now. A majority of revenues will still come from gold going forward. DPM Metals released its Q4 2025 result and provided a three-year outlook yesterday, which this article will focus on. I have covered the company a few times over the last year, and my prior articles can be found here . The stock price performance of DPM Metals has been extraordinary over the last decade, and it has outperformed gold and the VanEck Gold Miners ETF ( GDX ) over most recent periods. Figure 2 - Source: Koyfin Q4 2025 Result & Three-Year Outlook DPM Metals had, as expected, a very strong Q4 2025. The company reported a record adjusted EBITDA of $230...
Image source: The Motley Fool. Wednesday, Feb. 11, 2026 at 11 a.m. ET Call participants Executive Chairman — David M. Cote Chief Executive Officer — Giordano Albertazzi Chief Financial Officer — Craig Chamberlain Head of Investor Relations — Nadia Need a quote from a Motley Fool analyst? Email [email protected] Takeaways Organic Orders Growth -- Fourth-quarter organic orders rose 152% year over ye...
Image source: The Motley Fool. Wednesday, Feb. 11, 2026 at 11 a.m. ET Call participants Executive Chairman — David M. Cote Chief Executive Officer — Giordano Albertazzi Chief Financial Officer — Craig Chamberlain Head of Investor Relations — Nadia Need a quote from a Motley Fool analyst? Email [email protected] Takeaways Organic Orders Growth -- Fourth-quarter organic orders rose 152% year over year and 117% sequentially, with all regions and markets contributing. -- Fourth-quarter organic orders rose 152% year over year and 117% sequentially, with all regions and markets contributing. Book-to-Bill Ratio -- The book-to-bill ratio reached 2.9, and $15 billion in backlog is more than double the previous year's figure and up 57% sequentially. -- The book-to-bill ratio reached 2.9, and $15 billion in backlog is more than double the previous year's figure and up 57% sequentially. Organic Net Sales -- Organic net sales increased 19%, led by a 46% organic rise in the Americas; APAC was down 9% and EMEA down 14%. -- Organic net sales increased 19%, led by a 46% organic rise in the Americas; APAC was down 9% and EMEA down 14%. Adjusted Operating Margin -- Adjusted operating margin climbed to 23.2%, up 170 basis points from a year ago, primarily from higher volumes and favorable price-cost dynamics. -- Adjusted operating margin climbed to 23.2%, up 170 basis points from a year ago, primarily from higher volumes and favorable price-cost dynamics. Adjusted Operating Profit -- Adjusted operating profit reached $668 million, rising 33% year over year and $29 million above prior guidance. -- Adjusted operating profit reached $668 million, rising 33% year over year and $29 million above prior guidance. Adjusted Diluted EPS -- Adjusted diluted EPS was $1.36, up 37%, and $0.10 above prior guidance. -- Adjusted diluted EPS was $1.36, up 37%, and $0.10 above prior guidance. Adjusted Free Cash Flow -- Fourth-quarter adjusted free cash flow came in at $910 million, up 151% year over year...
In trading on Wednesday, the VanEck Oil Service ETF is outperforming other ETFs, up about 3.2% on the day. Components of that ETF showing particular strength include shares of Valaris, up about 7.8% and shares of Transocean, up about 7.5% on the day. And underperforming other ETFs today is the ARK Fintech Innovation ETF, down about 4.7% in Wednesday afternoon trading. Among components of that ETF ...
In trading on Wednesday, the VanEck Oil Service ETF is outperforming other ETFs, up about 3.2% on the day. Components of that ETF showing particular strength include shares of Valaris, up about 7.8% and shares of Transocean, up about 7.5% on the day. And underperforming other ETFs today is the ARK Fintech Innovation ETF, down about 4.7% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Zillow Group, lower by about 19.1%, and shares of Shopify, lower by about 12% on the day. VIDEO: Wednesday's ETF Movers: OIH, ARKF The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Jeremy Woodhouse/DigitalVision via Getty Images Co-authored by Kody's Dividends Real estate has been a massive driver and generator of wealth for generations. For long periods of human history, those who owned the land were the rich. At the very beginning of the United States of America's electoral system, only the landowners were allowed to vote . Interestingly, this became a point of contention,...
Jeremy Woodhouse/DigitalVision via Getty Images Co-authored by Kody's Dividends Real estate has been a massive driver and generator of wealth for generations. For long periods of human history, those who owned the land were the rich. At the very beginning of the United States of America's electoral system, only the landowners were allowed to vote . Interestingly, this became a point of contention, and eventually the vote was extended to every citizen, whether they owned property or not. The idea was that if you owned land, you had a greater connection to and focus on the benefit of the country than those who didn't. This belief is well-established throughout English history. You do not have to own land to be wealthy or own land to be financially grounded, but there are significant benefits to owning real estate. But for the vast majority of investors, the ability to go out and buy multiple properties to extract wealth from them is beyond their financial capabilities. Instead, however, we have the ability to own parts of companies that do exactly this! They pool the wealth and resources of multiple investors together and provide them with high income via dividends and capital appreciation, especially when they're well-run. Today, I want to take a look at a long-standing real estate investment trust that provides returns and dividends to its shareholders. Let's dive in! Own Land Like Royalty NNN November 2025 Institutional Investor Presentation As of December 31st, 2025, NNN REIT ( NNN ) owned approximately 3,692 single-tenant net lease properties throughout the United States, spread across over 400 national and regional tenants in more than 35 lines of trade. In other words, tenants are responsible for the typical expenses associated with properties (i.e., taxes, utilities, maintenance, and insurance), as well as cutting a rent check to NNN each month. There's even more to like about NNN's net lease business model. Typical initial lease terms range from 10 years to 2...
These developments were on display in the company’s fiscal first quarter (November quarter) readout. Revenue reached $13.64 billion, topping estimates by $760 million, while adj. EPS reached $4.78, exceeding expectations by $0.82. The FQ2 guide was even more impressive. Micron guided for F2Q revenue of $18.7 billion at the midpoint and adj. EPS of $8.42 at the midpoint. The Street was only expecti...
These developments were on display in the company’s fiscal first quarter (November quarter) readout. Revenue reached $13.64 billion, topping estimates by $760 million, while adj. EPS reached $4.78, exceeding expectations by $0.82. The FQ2 guide was even more impressive. Micron guided for F2Q revenue of $18.7 billion at the midpoint and adj. EPS of $8.42 at the midpoint. The Street was only expecting $14.23 billion and $4.49, respectively. In fact, Micron has said that its all its HBM is essentially fully booked through 2026, as intense AI data center demand has absorbed available supply. Meanwhile, the demand/supply imbalance has also resulted in massive price increases. You could argue that with Micron shares up by 300% over the past year, it has clearly enjoyed an up cycle, but the thing is, this cycle is different from others. Because, unlike past waves, the current memory boom is powered by AI infrastructure, and AI workloads require massive, ongoing memory capacity for data centers, GPUs, and accelerators. First up, memory giant Micron, a company heavily associated with the boom-and-bust dynamics of the memory industry. It’s a simple cycle really: when demand surges – often from consumer electronics like smartphones, PCs, or gaming consoles – prices spike and manufacturers ramp up production. But once supply catches up or demand slows, prices can collapse just as quickly, leaving producers with excess inventory and shrinking profits. These cycles have made memory one of the most volatile sectors in tech, with fortunes rising and falling in tandem with short-term shifts in supply and demand. Semiconductor memory specialists such as Micron (NASDAQ:MU) and SanDisk (NASDAQ:SNDK) have been reaping the rewards, with shares of both piling on the gains over the past year as sales have gone through the roof. However, given AI’s insatiable need for memory, Street analysts see more good times ahead for these names. So, let’s see what still makes these two memory stalwarts...
A spokesperson for Lloyds said: "Customers want the freedom to bank in the way that works for them and we offer more choice and ways to manage money than ever before."
A spokesperson for Lloyds said: "Customers want the freedom to bank in the way that works for them and we offer more choice and ways to manage money than ever before."
Robinhood Markets ( HOOD ) is "in the long run very bullish on the crypto industry," CEO Vlad Tenev said in a broadcast interview on Wednesday, the day after the company's Q4 earnings reflected the impact of falling bitcoin prices. For example, after the company's earnings call on Tuesday evening, Robinhood ( HOOD ) announced the launch of its public testnet for Robinhood Chain in its bid to accel...
Robinhood Markets ( HOOD ) is "in the long run very bullish on the crypto industry," CEO Vlad Tenev said in a broadcast interview on Wednesday, the day after the company's Q4 earnings reflected the impact of falling bitcoin prices. For example, after the company's earnings call on Tuesday evening, Robinhood ( HOOD ) announced the launch of its public testnet for Robinhood Chain in its bid to accelerate the development of onchain financial services. The current phase allows developers to build and verify apps on the chain. Infrastructure providers, including Alchemy, Allium, Chainlink, and LayerZero, have started integrating with Robinhood Chain, the company said. "Crypto is a big part of it, but it's really about driving forward tokenization and making sure that crypto technology blends with assets that have real fundamental utility, like tokenized stocks and other things," Tenev said in a CNBC interview on Wednesday. While Robinhood ( HOOD ) continues to build its crypto business, it's also seeking to diversify. And Tenev doesn't believe that the stock has yet reflected that effort. HOOD stock sank 12% in Wednesday midday trading. "I think perception lags reality, to some degree," he said. "We now have 11 businesses that generate $100M or more in annual revenue. And that's up dramatically in just the past couple of years." One area of diversification is prediction markets, where Tenev sees an opportunity to expand beyond sports events. "I think that the interesting thing about prediction markets is that it's more than just sports," he said. For example, the week after the NFL season ended, the government shutdown contract got more volume than many individual sporting events, he noted. More on Robinhood Markets Robinhood Markets, Inc. (HOOD) Q4 2025 Earnings Call Transcript Robinhood Markets, Inc. 2025 Q4 - Results - Earnings Call Presentation Hands Off Robinhood - Until Crypto Winter Ends (Preview) Robinhood leads crypto-tied brokerages lower in broader market rout...
spawns Shares of Acadia Healthcare ( ACHC ) gained ~12% on Wednesday on above-average volumes after hedge fund manager David Einhorn highlighted the psychiatric facility operator as one of his recent buys. Einhorn, president of New York-based investment firm Greenlight Capital, issued the remarks on the CNBC show “Money Movers’ on Wednesday. While nearly 6.0M Acadia ( ACHC ) shares have changed ha...
spawns Shares of Acadia Healthcare ( ACHC ) gained ~12% on Wednesday on above-average volumes after hedge fund manager David Einhorn highlighted the psychiatric facility operator as one of his recent buys. Einhorn, president of New York-based investment firm Greenlight Capital, issued the remarks on the CNBC show “Money Movers’ on Wednesday. While nearly 6.0M Acadia ( ACHC ) shares have changed hands so far compared to the 65-day average of approximately 3.4M, the stock has recorded its second-best intraday rally for 2026 following more than a 64% decline last year. Acadia ( ACHC ) has added ~9% YTD, including over a 20% rally in mid-January when former CEO and board member Debra Osteen took over the company’s leadership, replacing Chris Hunter, who assumed the reins from Osteen in April 2022. More on Acadia Healthcare Acadia Healthcare Company, Inc. (ACHC) Presents at 44th Annual J.P. Morgan Healthcare Conference - Slideshow Acadia Healthcare Company, Inc. (ACHC) Presents at 44th Annual J.P. Morgan Healthcare Conference Transcript Acadia Healthcare: Structural Problems, Not A Temporary Rough Patch Acadia Healthcare names Debra Osteen as CEO; reaffirms guidance Acadia Healthcare drops after hours on reduced 2025 guidance
The US labor market is coming off one its worst years for hiring in decades. Revisions to employment figures showed the nation added 181,000 jobs in 2025, the lowest annual total outside of recession years since 2003. That averaged out to just 15,000 job gains per month, down from an initially reported 49,000 pace, according to Bureau of Labor Statistics data out Wednesday. While the revisions wer...
The US labor market is coming off one its worst years for hiring in decades. Revisions to employment figures showed the nation added 181,000 jobs in 2025, the lowest annual total outside of recession years since 2003. That averaged out to just 15,000 job gains per month, down from an initially reported 49,000 pace, according to Bureau of Labor Statistics data out Wednesday. While the revisions were expected to reflect a notable markdown in last year’s hiring pace, economists were pleasantly surprised by how the labor market rebounded in January. Payrolls growth last month exceeded nearly all forecasts and the unemployment rate unexpectedly fell. Read More: US Adds 130,000 Jobs and Unemployment Falls After Tepid 2025 With the release of each January employment report, the BLS benchmarks payrolls to a more accurate but less timely series called the Quarterly Census of Employment and Wages. That data is based on state unemployment insurance tax records and covers most US jobs. The agency also updated its so-called birth-death model, which accounts for the net number of businesses opening and closing.
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
Too soon. It’s too soon to know when Keir Starmer will be off. It’s also too soon to know whether AI-induced angst is appropriate, but in the last 24 hours we’ve seen another “mini sell off.” While Starmer lived to fight another PMQs this lunchtime, few independent analysts think he can survive the coming double electoral trials: first the by-election at the end of the month, then the local and de...
Too soon. It’s too soon to know when Keir Starmer will be off. It’s also too soon to know whether AI-induced angst is appropriate, but in the last 24 hours we’ve seen another “mini sell off.” While Starmer lived to fight another PMQs this lunchtime, few independent analysts think he can survive the coming double electoral trials: first the by-election at the end of the month, then the local and devolved elections at the start of May. The new consensus in Westminster according to our reporters is that Angela Rayner has emerged from the last few days enhanced, but Wes Streeting has been damaged. The result of that is that we are possibly entering a period of even greater public spending, yet the bond markets are relaxed, clearly still believing it’s...too soon to worry. But even though Starmer is currently getting the benefit of the doubt, some sectors of the economy are most definitely not. In this piece one money manager our reporters spoke to put it like this: “ Every company with any sort of potential disruption risk is getting sold indiscriminately.” Just look at this graph: Nvidia boss Jensen Huang called last week’s sell off “illogical” but, Jensen, so said lots of people during lots of sell offs throughout history. And it’s happened again — this time it was the turn of the wealth management sector after a release from a little known outfit called Altruist, scaring established firms. Bloomberg Opinion ’s Paul Davies takes a look at whether AI threatens the “finance industry’s perpetual profit machine.” “ While I mostly suspect that the banking industry’s talent for self-preservation will defend it from technological change, I do wonder if the extreme version of our fully automated AI future could make financial services as irrelevant as everything else,” he writes. One idea taking hold, he says, is that money would become entertainment in an AI era: “ Prediction markets, gambling with stock options and crypto are just that. The inglorious future of finance coul...