Author: Admin

Donald Trump lashed out at Tehran’s “sinister” nuclear ambitions in his State of the Union address as he laid out Washington’s justification for possible US military action against the Islamic republic. The US president accused Iran of seeking to rebuild its nuclear weapons programme as he spoke before a joint session of Congress on Tuesday night.Amid a massive build-up of US naval and air power in the Middle East, Trump said the US was negotiating with Iran but Tehran was not relinquishing its nuclear ambitions and continued to threaten America. “They’ve already developed missiles that can threaten Europe and our…

Check out the companies making headlines in after-hours trading. Lucid Group — Shares of the electric vehicle maker fell more than 4%. In the fourth quarter, Lucid posted a wider-than-expected loss of $3.62 per share, despite revenue growth that topped estimates. Lucid also recently cut its U.S. workforce by 12%. Workday — Workday shares dropped nearly 10% after the AI-powered workplace platform said it sees first-quarter subscription revenues coming out at $2.34 billion, just lower than analysts’ forecast of $2.35 billion, per LSEG. The company also gave disappointing non-GAAP operating margin estimates for its first quarter. CoStar Group – Shares…

trades around $10.20–$10.30, close to its 52-week low of $10.08 and far below the $22.25 high, implying a drawdown of more than 50%. At this level, the stock carries an indicated dividend yield of roughly 8.7–9.0%, while the headline free-cash-flow yield is only about 7% and falls toward 3% once you adjust for heavy stock-based compensation. The market is clearly demanding a high yield to hold OWL through a potential private-credit down-cycle, not paying up for a “compounder”. Blue Owl controls about $307B of assets under management, with approximately $157–158B in credit strategies and around $115B in direct lending alone.…

Bitcoin just lost one of its biggest support engines.U.S. spot ETFs have now recorded five straight weeks of net outflows, draining roughly $3.8B from the market in just over a month. Nearly $400M was pulled in a single session, accelerating a trend that has quietly flipped the institutional narrative from accumulation to de-risking.Source: Spot Bitcoin ETF Total Net Flows / TheBlockThis matters because ETF redemptions are mechanical. When investors pull capital, issuers must sell underlying BTC. That creates direct spot selling pressure. In a market already thin on bids, the impact compounds quickly.BlackRock’s IBIT and Fidelity’s FBTC both saw notable…

Seems like the stock market is not the only thing experiencing a volatility storm lately. Last week my friends, family and I were in Park City, Utah, and a massive 2-foot snow storm hit that made for some amazing glade skiing. Sure enough on the way back home, a massive nor’easter hit that closed many of the major East Coast airports. It’s been a cold, snowy winter here in upstate New York and with just one week until March, it’s hard to believe we’ll begin looking forward to the spring thaw. I’m also seeing early signs that the market’s volatility storm…

A currency dealer monitors exchange rates in front of a big screen showing South Korea’s benchmark stock index (C) and the Korean won/USD exchange rate (R) in a foreign exchange dealing room at the Hana Bank headquarters in Seoul on April 9, 2025.Jung Yeon-je | Afp | Getty ImagesSouth Korea and Japan stocks hit record highs Wednesday amid gains in the region, after a tech-driven rally on Wall Street that was fueled by easing concerns around artificial intelligence-led disruption to select industries.Japan’s Nikkei 225 jumped over 1.4% to a fresh high, while the Topix added 0.3%.Similarly, South Korea’s Kospi rose 1.72%…

Some farmers will lose money by opting into environment schemes under new plans to cap payments available for sustainable farming.Emma Reynolds, the environment secretary, said the new system is “fairer”, adding: “Too much of our most productive land was removed from conventional farming.” Farmers will be disincentivised from taking large amounts of their land out of food production and rewilding it for nature, under her plans.After Brexit, England moved from a system where farmers were subsidised based on how much land they managed, to one where they would be paid for delivering environmental benefits.This was paid based on an “income…

President Donald Trump got applause from Democrats and Republicans alike when he called in his State of the Union address for Congress to stop insider trading among lawmakers.

A view of the logo of HSBC bank on a wall outside a branch in Mexico City, Mexico, on June 14, 2024.Henry Romero | ReutersEurope’s largest lender HSBC on Wednesday reported annual pre-tax profit of $29.91 billion, beating the estimates on the back of a strong performance in its wealth division and Hong Kong businesses.While annual profit declines 7.4%, HSBC’s revenue gained 4%, year on year.Here are HSBC’s full-year results compared with the consensus estimates compiled by the bank.Pre-tax profit: $29.91 billion vs. $28.86 billionRevenue: $68.27 billion vs. $67.36 billionThe lender’s fourth quarter profit before tax rose to $6.8 billion,…

Cedar Rapids-based Rayser Holdings Inc. announced its acquisition of Skunk River Block & Pallet, a family-owned manufacturer of custom wood pallets and crates in Pella. Skunk River Block & Pallet joins CarePro Health Services, J-TEC Associates and Midwest Memorials as part of the Rayser portfolio. Darlene Van Hall, Skunk River’s former owner, said the sale to Rayser Holdings was motivated by a desire to preserve the company’s legacy and reward its employees. Rayser was established in 2018 with a goal to diversify and enhance employee ownership.