We have another move. We we mentioned your buy of Amcor, right. >> You sold WPP, >> right.So, this was in our international income strategy and it's really just a violation of our investment thesis. The company is doing horribly compared to its two top peers. We have a huge tax loss. We have a lot of gains in that portfolio.So, we realized the tax loss, got out of the stock. We're done. There's not that much interesting to tell.>> Okay. All right. Well, thank you very much for that.I thought it was interest ...

Market Overview & Strategy - The market is signaling the importance of aligning asset allocation with investment goals and risk tolerance [2] - Investors' portfolios are likely overweight in US large-cap stocks [3] - Locking in gains is important to secure profits amidst market volatility [4][5] - Rebalancing portfolios creates opportunities to capitalize on market downturns [5] - Consider trimming positions now and after January 1st to lock in gains, potentially reframing capital gains taxes as a privilege [6] Investment Opportunities - Overweighting small and mid-cap stocks is favored, particularly high-quality plays in the small-cap space [7][9] - Small cap index performance is driven by non-earners playing on AI euphoria [8] - International and emerging markets are attractive, benefiting from a weakening US dollar [9] - Alternatives are recommended as an asset class [9] Global Perspective - AI is a global revolution, not limited to the United States [12] - S&P 500 revenues are 50% global [10] - International indices have underperformed the US for 15 years, creating opportunities to find undervalued gems [11]

Company Strategy & Restructuring - A business separation is favored, specifically disliking the diabetes business, anticipating a positive stock reaction [1] - MP Materials is celebrating its 5th anniversary [2] E-commerce & Retail - Kroger is announcing a significant e-commerce charge of $26 billion [3] - Kroger is expanding its relationship with Instacart [3] Market Analysis & Investment - The market favors certain stocks, particularly in e-commerce [3] - A "super cycle" call by an analyst is viewed as a potential market top indicator, specifically mentioning Micron and Western Digital [4] - Commodity "super cycles" like fracking sand and coal have historically resulted in significant losses [5] - The market is expected to experience a panic sell-off before a buying opportunity arises [6] - The level of 6630 has been checked three times, indicating a potential support or resistance level [5]

President Donald Trump participates in a bilateral meeting with Saudi Arabia’s Crown Prince Mohammed bin Salman at the White House on Tuesday. The leaders expected to discuss the deepening of defense, trade and technology ties as well as cooperation in the fields of artificial intelligence, security and nuclear energy. The trip follows Trump’s visit to Saudi Arabia in May in which the kingdom made a $600 billion trade and investment commitment to the U.S. Analysts say Trump will be looking to cement those p ...

awaiting the president's meeting with Saudi Crown Prince Muhammad bin Salman today. Our Aean Jabers has more on what to expect. Hey Aean.>> Yeah, Carl. We are expecting that meeting in the Oval Office here in just a couple of minutes. We just saw the arrival here for Saudi Crown Prince Muhammad bin Salman.Uh and it was not officially a state visit, but it had all the pomp and circumstance you might expect from a state visit. Of course, Muhammad bin Salman not the official head of state of Saudi Arabia. That ...

You bring up New York City. What does it look like under the MANI administration. >> Yeah.Well, I'm um hopeful for a constructive outcome. I think um obviously Mr. . Mandani is is mayor and we want him to be successful.I always say at BXP that our success in any one community is capped at our community's success. So if the city's not successful, we can't be either. And so, um, you know, we want to do what we can to help him figure out some of the things that he promised as a as a candidate, which is to get ...

We've got some more news out of Microsoft as well. Steve Kovak at the company's Ignite conference in San Francisco with the details. Steve.>> Yes, Sarah. And the big one, of course, was that announcement a couple hours ago that I I talked to you about with Microsoft investing up to $5 billion in Enthropic and Mackenzie Sagalis just reported last hour that brings Enthropic's valuation up to $350 billion. So now all the spending we keep talking about, where is the payoff. That is what Ignite is all about.So w ...

Cloudflare says the outage that disrupted X, Chat, GBT, and other major websites has largely been resolved. The company says it's rolled out a fix, though it's warning that some users may still have trouble accessing its dashboard. The incident is a stark reminder of how much of the internet's infrastructure depends on a single company.A network issue at Cloudflare triggered this widespread set of disruptions just before 7 a. m. , blocking access to sites including Truth Social, Shopify, Indeed, and even Ne ...

AI Model & Product Integration - Google's Gemini 3.0 is officially released and integrated across Google products, eventually reaching Google Ultra subscribers [1][2] - Google is positioning Gemini as an ambient, deeply integrated AI system, building on the successes of past versions [2] - New features like complex reasoning and dynamic multimodal capabilities will be integrated into AI mode, the default experience for most Google users [3] - The Gemini app has 650 million monthly active users, closing the gap with OpenAI's Chat GBT, which had 700 million weekly users in August [4] Market & Financial Considerations - The market is tracking runaway capex, the rising role of debt, and circular financing in the AI space [5] - The trillion-dollar AI boom has elements of irrationality, and no firm is immune if the bubble bursts [5] - The market is not rewarding model wins the way it did a year ago, pricing in the cost of keeping up [6] Model Evaluation & User Perception - LM arena ai is used to rank AI models on benchmarks like math, coding, and reasoning [7] - Most users may not care about benchmark-beating models but want answers and a good personality [8][9] - Google's new model aims to be less syncopantic, potentially influencing consumer reception [9]

Shar's a cloud flare getting hit as the company works through this huge outage this morning. Our Mackenzie Sagalos is here with the latest. Talk about what got affected today.Hey Mac. >> Hey Carl. So Cloudflare says the outage that disrupted X chatbt and other major websites has largely been resolved.The company says it's rolled out a fix though it's warning that some users may still have trouble accessing its dashboard. The incident is a stark reminder of how much of the internet's infrastructure depends o ...