Spain's Repsol appoints new global head of trading Reuters

Despite the uneven start to 2026, Kevin Matras believes the market is set for a fourth straight year of double-digit returns. Be prepared to take full advantage of this raging bull market.

【有線新聞】米蘭冬奧，花樣滑冰男子單人滑，金牌大熱馬里寧頻頻失誤，無緣獎牌。哈薩克的沙多洛夫首奪金牌。 被譽為「四周跳之王」、美國的馬里寧在短節目領先，但自由滑失準，兩次倒地，只得156.33分，總成績264.49分，得第8。 21歲的沙多洛夫表現出色，完成5個四周跳，獲得全場最高198.64分，總成績291.58分，力壓兩位日本選手鍵山優真及佐藤駿，為哈薩克實現金牌「零的突破」。 男子滑雪板半管賽，日本的戶塚優斗奪得金牌，他憑著第二輪做出兩次斜向翻騰3周，轉體1,440度，獲得95的高分。新西蘭的史葛迪占士連續兩屆得銀牌，銅牌是日本的山田琉聖。 男子俯臥滑行雪橇，英國的韋斯頓四次打破賽道紀錄，合計3分43秒33奪金，贏第2的德國代表0.88秒。中國的陳文浩得第4。

U.S. and Taiwan finalize reciprocal trade agreement Finance & Commerce

Source: Bloomberg, 48:01

ALAB Stock Dips 31% Post Q4 Earnings: Should You Buy, Hold, or Sell? The Globe and Mail

Key PointsNeo Ivy Capital Management bought 136,925 shares of American Healthcare REIT.

ljubaphoto/E+ via Getty Images Introduction Major tobacco company British American Tobacco p.l.c. ( BTI , BTAFF ) reported its results for 2025 yesterday. It is the third tobacco company in a row whose annual results I review here on Seeking Alpha, following my articles on Altria Group, Inc. ( MO ) and Philip Morris International Inc. ( PM ). This update on British American Tobacco is quite a bit more important than my last two articles on MO and PM because I haven't reviewed the company in more than a year. Furthermore, in my last article —published in November of 2024—I focused more on the potential impact of donations from President Trump than on the company's operations. In this article, I'll give an update on British American's cigarette portfolio—after all, it remains the core driver of free cash flow. Speaking of which, the company reported a 37% year-over-year decline in operating cash flow, which therefore warrants a close look in view of the dividend coverage and debt servicing capacity. Moreover, I'll share my take on BTI's smoke-free products portfolio, discussing both positive and negative developments in its key domains. When appropriate, I draw comparisons with British American's closest peer, Philip Morris International. On a side note, I continue to review BTI starting with 2018, the first full-year after the acquisition of Reynolds American Inc. British American Tobacco 2025 Results Review Surprisingly Strong Performance In Modern Oral Overshadowed By Disappointments In E-Vapor And Heated Tobacco For 2025, British American Tobacco delivered adjusted earnings per share (EPS) of £3.521, up 3.4% year-over-year, based on net revenues of £25.6 billion, down 1.0% year-over-year (Figure 1). The U.S. dollar weakness in 2025 was the main driver of the 3.1 percentage point currency-related headwind, so on a currency-neutral basis, BTI reported net revenue growth of 2.1%. Figure 1: British American Tobacco p.l.c. (BTI, BTAFF): Net revenues since 2018 (own wor...

Skier hopes to return to US after latest procedure American crashed out of Olympic downhill run Bryan Graham: Crash a violent but honest ending Lindsey Vonn will have another surgery on her broken left leg Saturday at the Italian hospital where she is being treated “and then I can potentially leave and go back home.” Vonn posted a video message on Instagram on Friday after her horrific crash in the Olympic downhill race at the Milan Cortina Games. Continue reading...

Somali Fallout: US Treasury Will Pay Snitches Up To 30% On Fraud, Money Laundering Prosecutions On the heels of all that Somali fraud in Minnesota, the US Treasury Department on Friday launched a new portal where people can report suspected fraud, money laundering and sanctions violations. Snitchin' Bubbles from The Wire According to officials, tips should be submitted with supporting documents. "FinCEN’s Office of the Whistleblower is accepting tips involving violations and conspiracies related to the Bank Secrecy Act, U.S. sanctions programs, and several other laws critical to safeguarding the U.S. financial system and national security. " Individuals who voluntarily provide information about such violations or conspiracies to commit violations may be eligible for awards if the information they provide leads to a successful enforcement action by the Department of the Treasury (Treasury) or the Department of Justice (DOJ) that results in monetary penalties exceeding $1,000,000 , and the requirements in 31 U.S.C. § 5323 and its implementing regulation are otherwise met. A copy of the statute is available here . -FINCEN How much are we talking about? Between 10-30% "of what has been collected of the monetary sanctions imposed in the action or related actions," and it's got to be north of $1 million. Scott Bessent speaks as he testifies during a Senate Committee on Finance confirmation hearing on Capitol Hill in Washington, U.S., January 16, 2025. REUTERS/Kevin Lamarque/File photo "President Trump has been clear that Americans have a right to know that their tax dollars are not being diverted to fund acts of global terror or to fund luxury cars for fraudsters," Treasury Secretary Scott Bessent said, adding that whistleblowers may receive financial rewards . "At Treasury, we follow the money. We did it with the mafia, we have done it with the cartels, and we’re doing it with the Somali fraudsters ," he added. "We are going to offer whistleblower payments to anyone who ...

Nvidia's stock is down and AMD is up. The culprit may be Arista. CNBC

Earnings Call Insights: CareTrust REIT (CTRE) Q4 2025 Management View David Sedgwick, CEO, described 2025 as a “transformational year” for CareTrust, highlighting a record pace of investments and the company’s expansion into the U.K. care home market and the U.S. senior housing operating portfolio (SHOP). Sedgwick stated, “We got to work. Doubling our team of professionals, adding firepower throughout the organization and bringing in-house other areas like tax and data science, and we executed, acquiring Care REIT, including their team, to enter the U.K. care home market and closing on our first SHOP deal after methodically evaluating many opportunities, large and small along the way.” Sedgwick noted the company’s market cap grew 61% to $8.2 billion in 2025 and attributed a 17.3% year-over-year normalized FFO per share growth to recent strategic moves. He emphasized ongoing momentum into 2026, citing a “deep and capable” team and the addition of U.K. care homes and SHOP as new growth engines. James Callister, Chief Investment Officer, reported that during Q4, CareTrust completed approximately $562 million in investments, including the first SHOP deal and several skilled nursing and senior housing acquisitions, with a blended stabilized yield of 8.8%. Callister added, “Since year-end, we've closed on another approximately $215 million of investments… Our investment pipeline remains strong, sitting at approximately $500 million.” Derek Bunker, CFO, stated, “For the fourth quarter, normalized FFO increased 42.7% over the prior year quarter to $104.1 million and normalized FAD increased 38.7% to $103 million. On a per share basis, normalized FFO increased $0.07 or 17.5% to $0.47 per share and normalized FAD increased $0.05 or 12.2% to $0.46 per share.” Bunker announced initial 2026 normalized FFO and FAD per share guidance of $1.90 to $1.95, “the midpoints of which each represent a year-over-year increase of 9.4%.” Outlook Bunker’s guidance for fiscal year 2026 is norma...

President and CEO of Arista Networks Jayshree Ullal Scott Mlyn | CNBC Shares of Nvidia and Advanced Micro Devices moved in opposite directions on Friday, after the CEO of Arista Networks told investors that her company is seeing some deployment shifting to AMD. Nvidia's stock fell almost 3%, while AMD gained close to 1%. "A year ago, it was pretty much 99% Nvidia, right?" Ullal said on Arista's earnings call late Thursday, when asked by an analyst about the company's work with AMD. "Today, when we look at our deployments, we see about 20%, maybe a little more, 20% to 25%, where AMD is becoming the preferred accelerator of choice." The stock moves weren't dramatic, but Ullal's comments are notable because Nvidia has dominated the market for graphics processing units (GPUs) in AI since the industry started taking off a little over three years ago with the launch of OpenAI's ChatGPT. Nvidia currently has roughly 90% of the the market for AI chips, with challenges potentially coming from AMD as well as Google , which is seeing increased traction for its tensor processing units. Nvidia is the most valuable U.S. company, with a market cap of over $4.5 trillion. AMD is worth about $335 billion after an 85% jump in its stock price in the past 12 months. Arista's role in the AI infrastructure boom is in providing the Ethernet switching technology that connects powerful chips together. AMD announced late last year that it was partnering with Arista to build customized AI clusters that could be used for training and inference. But for Arista, much of the diversification in its deployments is coming out of necessity. Nvidia has diminished its need for Arista's technology by building its own networking technology to link together its powerful GPUs. In October, Nvidia said that Meta and Oracle would be adopting the chipmaker's networking technology in their ecosystems, an announcement that contributed to a 10% drop in Arista's stock over two days. It's "not the end of the world b...

On February 13, 2026, Neo Ivy Capital Management disclosed a new position in Dolby Laboratories (NYSE:DLB) , acquiring 117,964 shares in a trade estimated at $7.58 million. Neo Ivy Capital Management reported in a February 13, 2026, SEC filing that it established a new stake in Dolby Laboratories, acquiring 117,964 shares. The estimated transaction value was $7.58 million. Dolby Laboratories is a leading provider of audio and imaging innovations, leveraging its proprietary technologies to enhance entertainment experiences across multiple platforms. The company combines a robust licensing model with hardware solutions, enabling global reach and recurring revenue streams. Its established presence in both professional and consumer markets supports sustained growth and a defensible competitive position. Continue reading

Key PointsGarmin is way more diversified than most investors realize.

法国总统马克龙13日在慕尼黑安全会议上表示，欧洲必须将重点转向长期战略思考，包括建立纵深打击能力，并评估法国的核威慑力量如何融入欧盟未来的安全架构。马克龙表示，对于欧洲来说，现在是展现魄力并建立一个强大欧洲的时候，欧洲必须学会成为一个地缘政治实体，为此，欧洲人必须从自身思考和自身利益出发开展这项工作。马克龙称，欧洲人必须重新调整和重组欧洲的安全架构，因为过去的安全架构完全是在冷战时期设计和构建的，所以它已经不再适用。马克龙称，法国已经开始与德国以及一些欧洲国家领导人就此展开磋商，未来将继续推进这方面的讨论。 (央视新闻)

SoFi Technologies (NASDAQ: SOFI) is quickly making a name for itself in the competitive financial services industry. Its growth has been eye-opening, and management continues to innovate in an effort to better serve customers. Should you buy this fintech stock , which is down 34% from its peak (as of Feb. 10), with $1,000 right now? Image source: Getty Images. Continue reading

【有線新聞】政府建議修訂《教育條例》，引入有效期三年的執業證書。教育局局長蔡若蓮認為措施有助做好教師和學科管理，她又說當局有需要時會再檢討大專院校非本地學生上限。 註冊教師名單共有約16萬人，當中約7萬人正在執業。教育局局長蔡若蓮指社會對老師期望高，加上教育專業進修培訓的進度理想，認為修訂《教育條例》引入教師執業證書符合現時需要。蔡若蓮：「入校教書引入執業證書的安排，其實是與時並進的舉措，期望在老師管理做得更好，老師數據庫更加準確去反映，對各個學科情況更加了解，做教師培訓規劃時能夠更加清楚。」 修例後，教師同時須聲明遵守憲法、基本法和國安法，蔡若蓮指措施並非等同要求教師宣誓，又認為所有行業都要守法，教師態度必須更鮮明。蔡若蓮預計局方6至7月會將修例草案提交立法會審議，期望下個學年生效，最快兩年後全面實施。 另外，大專院校非本地學生上限今個學年由原本相等於本地資助學額的兩成增加至四成，目前非本地學生人數超過3萬，政府有需要時會再檢視上限。蔡若蓮：「見到百分之四十非本地生學額，各間大學使用學額的速度不一，部份差不多額滿。我們依然有1.5萬個本科學位予本地學生，所以是沒有影響。」 政府去年年中推出城中學舍計劃，鼓勵市場把商廈改裝為學生宿舍，現已收到二十多宗申請，蔡若蓮透露多數都合資格，預計可供應多達6,000個宿位。

【有線新聞】被日本拘捕的中國漁船船長獲釋。 日本周四於長崎縣外海扣押一艘闖入專屬經濟區的中國漁船，拘捕中國籍船長，指他拒絕服從命令停船，並試圖離開。船上還有10人，水產廳聲稱中方提交書面保證，承諾支付擔保費，於是在周五晚釋放船長。中方要求日本公正執法，保障中方船員安全和合法權益。

【有線新聞】美國在加勒比海打擊懷疑運毒船，擊斃3人。 南方司令部發放片段，貨船被擊中爆炸，美軍聲稱情報確認貨船正運毒，行動擊斃3名販毒的恐怖分子。這次是美軍一周內第二次打擊懷疑販毒船，美軍自去年行動以來已造成124人死亡。聲稱情報顯示船隻由被美軍認定的恐怖組織運營，正沿加勒比海販毒路線運送毒品，「南方之矛」部隊於是進行打擊。

Inflammation and Wet AMD: Ask the Expert Healthline

Two federal immigration officers have been placed on administrative leave after a joint review by Immigration and Customs Enforcement and the Department of Justice found sworn testimony in a Minneapolis shooting case contradicted video evidence, acting ICE Director Todd Lyons said in a statement. The development comes nearly a month after a federal officer shot a Venezuelan national in the leg during a confrontation in Minneapolis on Jan. 14, an incident that fell between two high-profile shootings that intensified tensions between state leaders and the Trump administration over immigration enforcement operations. “A joint review by ICE and the Department of Justice of video evidence has revealed that sworn testimony provided by two separate officers appears to have made untruthful statements,” Lyons said in the statement. Earlier this week, the US Attorney’s Office for the District of Minnesota moved to dismiss with prejudice the criminal complaint against Alfredo Alejandro Aljorna and Julio Cesar Sosa-Celis, two individuals charged in connection with the shooting incident. In the motion, federal prosecutors said “newly discovered evidence in this matter is materially inconsistent with the allegations in the Complaint Affidavit” and the preliminary hearing testimony. The officers could face termination and potential criminal prosecution for lying under oath, a serious federal offense, Lyons said. The Jan. 14 incident occurred against a backdrop of heightened tension in Minneapolis, where thousands of federal agents had surged into the city as part of a sweeping immigration crackdown by the Trump administration. The shooting came one week after the fatal shooting of Renée Good, a local woman, by an ICE agent, which touched off angry protests. Federal agents began arriving in the Minneapolis-St. Paul area in early December under what ICE called “Operation Metro Surge.” White House border czar Tom Homan said this week that the surge of agents would end.

US President Donald Trump speaks to the media as he walks to board Marine One prior to departure from the South Lawn of the White House in Washington, DC, on Feb. 13, 2026. Andrew Caballero-Reynolds | AFP | Getty Images President Donald Trump 's iron grip on the Republican Party might be starting to loosen, just a bit. The few elected Republicans who regularly cross him — including Kentucky Rep. Thomas Massie and Sen. Thom Tillis of North Carolina — are more vocal than ever. And in recent days, daylight has emerged between the president and a handful of his top supporters in Congress. The apparent shift is underway as Trump, the Republican Party's undisputed leader, grapples with stubbornly low approval ratings — especially on the economy , a perennial issue on which he was elected that has only grown more important to Americans chafing under high prices. Six U.S. House Republicans voted this week to overturn Trump's tariffs on Canada. Tillis remained resolute in holding up the president's Fed chair nomination in protest over a Justice Department investigation of the current one. The administration pulled back the sustained anti-immigration law enforcement push in Minnesota. And fallout from the Epstein files — in which Trump and allies are mentioned — is roiling the world and its most powerful players. Democrats are jumping on the opening, with some pushing a narrative that " the tide is turning " on Trump. Their perceived momentum follows big wins in last fall's off-year elections after hammering an affordability message, and as prediction markets favor them to win control of the House in the midterms. "Trump's grip on power is slipping," Rep. Jim McGovern , D-Mass., said Thursday in a gloating social media post. "Nobody is taking his bulls--- that somehow he's lowering prices for families." The administration's efforts this week to wrest the affordability narrative — by drawing attention to Trump's drug-pricing initiatives , or to gains in the stock market , or t...