Oil rises as Iran war supply concerns outweigh sanctions waiver report
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Extended Oil Shock Spells Higher, Sticky Inflation
The amount of inflation priced into 10-year Treasury yields is a little hard to square with what the market is saying about price rises in the near term.
Either inflation is going to be high for a long time, and this is something that has changed in the past week or two, or 10-year yields have gone a little too far.
Yelena Shulyatyeva, Senior US Economist at The Conference Board, discusses inflation expectations and what happens if oil prices rise higher, for longer. (Source: Bloomberg)
EU Selects EQT to Manage €5 Billion Technology Fund
EQT AB has won the mandate to manage a new European Union fund for investing in quantum computing, artificial intelligence and other deep tech companies, people familiar with the matter said.
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Arm’s stock could rise another 45% as the ‘renaissance of CPUs’ takes hold, analyst says
Arm is destined to play a starring role in the market for server CPUs, which could quadruple to $137 billion by the end of the decade, according to Bernstein.
5% is New 4% in Era of Higher Yields, Says Guneet Dhingra
A new era of elevated borrowing costs is potentially underway as war-driven inflation angst intensifies in the US bond market, sending 30-year yields toward a two-decade high above 5%.
Guneet Dhingra, Head of US Rates Strategy at BNP Paribas, discusses the recent yield surge and why 5% may become the new 4%. (Source: Bloomberg)
Investors Flock to Commodity ETFs as Iran War Fuels Energy Inflation
Investors are pouring money into commodities funds as the US-Iran war stokes inflation, according to Invesco Ltd.
Few Foreign Ships Seen in Hormuz Amid Reports of Iran’s Insurance Plan
The Strait of Hormuz remains effectively closed to commercial shipping, with maritime traffic reduced to a trickle and dominated by Iranian-linked vessels. There were few notable foreign-affiliated movements amid reports of Iran’s Bitcoin-backed insurance program for shipping companies willing to transit the waterway.
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Are you ‘doomjobbing’ while looking for work? Know the signs — and do this instead.
“It was soul-crushing,” says one job hunter, who only found work once she stopped making this popular application mistake.
Ryanair Gains on Narrower Net Loss; Regeneron Melanoma Trial Failure | Stock Movers
On this episode of Stock Movers with Alexis Christoforous:
– NextEra Energy (NEE) agreed to pay about $67 billion in stock for Dominion Energy (D) in the biggest power acquisition ever, creating a giant utility extending from Florida to the data centers clustered in Virginia. The deal would give NextEra a swathe of electricity assets stretching across Virginia and the Carolinas.
– Ryanair (RYAAY) gains as it delivered a decent end to the year, but flagged impact ahead from rising costs. The airline said unit costs for 2027 could increase by a mid-single digit percentage, with concerns over current unhedged jet fuel prices, and also impact from higher crew and aircraft maintenance costs.
– Regeneron Pharmaceuticals (REGN) shares drop after the drugmaker’s phase 3 data for fianlimab in metastatic melanoma fell short of expectations. Citi downgraded its rating on the stock following the “disappointing” trial update. (Source: Bloomberg)
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‘I’m already feeling anxious’: My ex-husband offered to give me a $30,000 lump sum for child support. Is there a catch?
“He has not paid the last two months, and it is not court-ordered.”