Core Viewpoint - Credit Agricole has agreed to acquire Ukraine's Bank Lviv as part of its strategy to support the reconstruction of Ukraine's economy affected by the war with Russia [1] Group 1: Acquisition Details - The acquisition aims to strengthen Credit Agricole Ukraine's position in Western Ukraine and enhance its focus on the SMEs (small-to-medium-sized enterprises) segment and the agricultural sector [1] - The deal is expected to be completed by mid-2026, although the financial details of the acquisition have not been disclosed [1] Group 2: Strategic Alignment - The acquisition aligns with Credit Agricole Ukraine's long-term strategy to support the Ukrainian economy and its ambition to play a significant role in the country's reconstruction efforts [1]

In the past two decades, Amazon (NASDAQ: AMZN) shares have surged over 11,300% higher (as of March 6). This makes it one of the best-performing stocks this century, without a doubt. The leading e-commerce and cloud computing enterprise currently sports a huge market cap of $2.3 trillion. This is even with shares falling nearly 16% from their peak. For investors considering a purchase now, is this "Magnificent Seven" stock overvalued or dirt cheap? Here's the single metric that matters most when making that ...

FCC chair criticizes slow pace of Amazon satellite launches | ReutersSkip to main contentExclusive news, data and analytics for financial market professionalsLearn more aboutRefinitivFederal Communications Commission (FCC) Chair Brendan Carr speaks during the U.S. Chamber of Commerce 2025 Global Aerospace Summit in Washington, D.C., U.S., September 9, 2025.... Purchase Licensing Rights, opens new tab Read moreWASHINGTON, March 11 (Reuters) - The chairman of the Federal Communications Commission dismissed cr ...

Group 1: Core Narrative - The tech industry is experiencing layoffs attributed to "AI-driven efficiency," but deeper analysis reveals a structural math error that has been ignored for a decade [1] - Companies like Amazon and Block are reducing headcount, but the real issue lies in their financial management rather than solely AI [1][5] Group 2: Financial Implications - Software companies have historically compensated top talent with stock, which, if replaced with cash, would severely impact free cash flow [2] - Maintaining stock compensation while facing declining valuations leads to shareholder dilution, creating a dilemma for companies [3] Group 3: Overhiring Consequences - Many companies overhired during the COVID-19 boom, expecting sustained demand, but are now burdened with unsustainable cost structures [5] - The trend of layoffs is being framed as a necessary adjustment, with AI being used as a justification for workforce reductions [8] Group 4: Market Dynamics - The market is shifting towards demanding "SBC-adjusted free cash flow," indicating a preference for real cash generation over growth at all costs [3] - Companies must adapt to a new reality where being a "lean" software company is essential for survival in a skeptical market [8]

The head of the Federal Communications Commission chastised Amazon for filing a petition critical of rival satellite operator SpaceX while Amazon itself is behind on meeting deployment obligations https://t.co/VJcFGknJCH ...

Amazon expands a program that lets customers shop from other retailers’ sites https://t.co/qzDVjOPwM9 ...

Amazon is expanding access to a program called Shop Direct that lets U.S. customers discover and buy products not sold in its own online store. The retail giant on Wednesday said it will now support third-party product feeds, which merchants use to provide information about their inventory, pricing, and catalog to other partners. With this information, Amazon can direct shoppers to a merchant’s website via its search results or its AI shopping assistant, Rufus, and even let customers use AI to make a purcha ...

Amazon's Zoox still needs regulatory approval to use its custom-built robotaxis for commercial service ...

Core Viewpoint - Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC) has underperformed compared to its peers and benchmarks, leading to a recommendation of "Hold" for investors [3][17]. Fund Overview - GSLC was launched on September 17, 2015, with an NAV of approximately $14.7 billion, focusing on large-cap American-listed stocks [3][4]. - The fund employs a rules-based approach to select stocks based on four factors: Value, Momentum, Quality, and Low Volatility [4][9]. Performance Analysis - GSLC has lagged behind the SPY ETF in 2025 and early 2026, primarily due to underweighting key stocks like Alphabet (GOOG) and Eli Lilly (LLY) [7][17]. - The fund's performance has been hindered by a lack of aggressive momentum chasing, resulting in a struggle to differentiate itself from traditional passive ETFs [7][8]. Peer Comparison - GSLC has a total of 445 holdings, which is less than SPY and IVV, but it aims for a more defensive and strategic tilt through its smart beta approach [9][11]. - The fund's average daily share volume is over 360,000 shares, translating to more than $40 million, indicating sufficient liquidity for large investors [5][10]. Financial Metrics - GSLC has an expense ratio of 0.09%, comparable to SPY, but has not delivered the same level of performance, making it a challenging sell [7][17]. - The fund's Sharpe ratio is 1.24, indicating a decent risk-adjusted return, although it is slightly below the benchmark's Sharpe ratio of 1.33 [15][16]. Conclusion - While GSLC offers a viable option for U.S. large-cap exposure, its recent underperformance and missed opportunities in stock selection have led to a cautious outlook [17].

Market Overview - US stock indices showed mixed performance at the opening, with the Dow Jones down 0.16%, Nasdaq up 0.3%, and S&P 500 up 0.13% [1] - By the time of reporting, the Dow Jones had decreased by 0.67%, while the Nasdaq rose by 0.16%, and the S&P 500 fell by 0.1% [1] - A total of 1789 stocks advanced, while 3195 stocks declined [1] Notable Stock Movements - Tesla shares increased by 2.42%, closing at $408.89 [2] - Advanced Micro Devices (AMD) rose by 1.73%, closing at $206.75 [2] - Intel shares gained 1.67%, closing at $47.56 [2] - Oracle Corporation's stock surged over 14% after reporting strong quarterly results and raising its revenue forecast for fiscal year 2027, with adjusted earnings per share of $1.79 against an expectation of $1.70, and revenue of $17.19 billion, a 22% year-over-year increase [2] Chinese Stocks Performance - The Nasdaq China Golden Dragon Index fell by 0.25%, with most popular Chinese stocks declining [7] - Li Auto shares rose by 4.56%, closing at $18.57 [8] Commodity Market - Gold and silver prices experienced a pullback, with spot gold dropping to $5173.67 per ounce, down 0.32% [10] - Spot silver fell by 3.46%, trading at $85.28 per ounce [10] Inflation and Oil Prices - The US Consumer Price Index (CPI) for February rose by 2.4% year-over-year, with core CPI increasing by 2.5% [13] - WTI crude oil prices saw significant volatility, initially rising over 6% before narrowing to a 2.58% increase [13] - The G7 energy ministers expressed support for measures to address the current energy situation, including the potential use of strategic energy reserves [16]