Market Overview - European stocks are expected to open lower, reversing earlier gains, with the U.K.'s FTSE index projected to decline by 0.25%, Germany's DAX by 0.63%, France's CAC 40 by 0.37%, and Italy's FTSE MIB by 0.33% [1] - Asia-Pacific markets experienced declines, following the downward trend in Wall Street as investors shifted away from artificial intelligence investments [4] Central Bank Actions - Investors in Europe are preparing for a significant week of central bank meetings, with the European Central Bank (ECB) expected to maintain interest rates at 2% during its final policy meeting of the year [2] - The Bank of England (BOE), Riksbank, and Norges Bank are also set to announce their last monetary policy decisions for 2025, with the BOE anticipated to lower interest rates [3] Economic Indicators - Eurozone and U.K. inflation figures are scheduled for release, which may impact monetary policy decisions [3] - Economists predict that U.S. nonfarm payrolls will increase by 50,000 in October, a significant drop from the 119,000 jobs added in September, with an expected unemployment rate of 4.5% compared to 4.4% in September [5]

Kering , the owner of luxury brand Gucci, said on Tuesday it had agreed to sell a 60% stake in a prime New York property to private equity firm Ardian, raising $690 million in cash. ...

Core Points - TotalEnergies has divested an indirect interest of 9.998% in block SK408 in Malaysia to PTTEP, retaining a 30.002% interest in the block [1] - This transaction marks a significant milestone for TotalEnergies in Malaysia, following previous acquisitions in the region [1] - The partnership with PTTEP aims to enhance the management of TotalEnergies' portfolio in Malaysia and strengthen collaboration in energy resource development [2] Company Overview - TotalEnergies has been operating in Malaysia since 1985 and is a key partner of PETRONAS, making it the 3rd largest gas operator in the country [3] - The company employs approximately 300 people in Malaysia and holds interests in multiple offshore blocks, including 30.002% in block SK408 and 30% in block SK310 [3] - In 2023, TotalEnergies signed a deal with PETRONAS and Mitsui to develop a CO2 storage project in Southeast Asia [3] Industry Context - Block SK408 is a major gas development that contributes to Malaysia's energy security and is part of TotalEnergies' integrated upstream portfolio [2] - TotalEnergies is a global integrated energy company involved in various energy sectors, including oil, natural gas, renewables, and electricity [4]

Core Insights - Amazon has experienced a remarkable growth of over 230,000% since its IPO nearly 30 years ago, evolving from an online bookstore to a technology-driven powerhouse across multiple industries [1][12]. Group 1: Business Operations and Market Position - Amazon is recognized as a dominant player in e-commerce, with expectations for continued growth as online shopping penetrates the retail sector [5]. - The company has diversified into streaming services with Prime Video, capitalizing on the decline of traditional cable TV [5]. - Amazon's advertising revenue grew by 24% year-over-year to $17.7 billion in Q3, positioning it as a leader in the digital advertising market [6]. - The company holds a strong position in cloud computing and artificial intelligence, primarily through the success of Amazon Web Services (AWS) [6]. Group 2: Competitive Advantages - Amazon's economic moat is reinforced by a powerful network effect in its marketplace, cost advantages in logistics, switching costs for AWS, and strong brand recognition [7]. - The company's operational efficiencies have significantly improved its margins, contributing to its competitive strength [11]. Group 3: Financial Performance and Valuation - Amazon's shares are currently trading at 18.8 times trailing-12-month operating cash flow, the lowest multiple in a decade, presenting an attractive valuation for investors [10]. - The company has shown a dramatic turnaround in earnings, moving from a $241 million net loss in 2014 to a projected $59 billion net income in 2024, with a compound annual growth rate of 20% expected from 2024 to 2027 [11]. Group 4: Investment Considerations - Long-term investors are encouraged to consider Amazon due to its favorable combination of secular trends, economic moat, valuation, and earnings growth potential [13]. - Despite its historical success in creating millionaire investors, the company's size may limit future explosive growth [13].

Core Insights - Kering and Ardian have finalized a joint venture agreement for a prominent property located at 715-717 Fifth Avenue, New York City, encompassing approximately 115,000 sq. ft (10,700 sq. m) of luxury retail space [2][3] - Kering will hold a 40% stake in the joint venture, while Ardian will hold 60%, with the transaction valued at USD 900 million (EUR 766 million) and net proceeds for Kering amounting to USD 690 million (EUR 587 million) [3][4] - This partnership is part of Kering's strategy to enhance its real estate portfolio and financial flexibility, while Ardian views this investment as a strategic expansion into the U.S. market [4][5] Company Overview - Kering is a global luxury group with a diverse portfolio of brands including Gucci, Saint Laurent, and Bottega Veneta, generating revenue of €17.2 billion in 2024 and employing 47,000 people [6] - Ardian is a global private markets firm managing or advising $196 billion for over 1,890 clients, focusing on providing investment solutions that adapt to new economic dynamics [10]

Core Insights - The focus is on fundamental research and long-term value investing, identifying companies trading at significant discounts to their intrinsic value [1] - Investment interests include undercovered stocks/funds, particularly in Eastern Europe/Eurasia and Latin America, with a willingness to explore various investment opportunities [1] - The investment philosophy emphasizes rational decision-making, downside protection, and independent thinking, aiming to highlight undervalued businesses with durable advantages [1] Group 1 - The analyst has over 12 years of experience in the market, specializing in fundamental research [1] - The investment strategy includes both U.S. and international markets, with a particular interest in emerging economies [1] - The goal is to provide clear, research-based insights that enhance understanding of valuation, fundamentals, and risk [1] Group 2 - The analyst has no current stock or derivative positions in any mentioned companies and no plans to initiate such positions in the near future [2] - The article reflects the analyst's own opinions and is not influenced by compensation from any company [2] - There is no business relationship with any company whose stock is mentioned in the article [2]

Ford stock price held steady at its highest since 2022 after the company admitted that its electric vehicle bet had backfired. It was trading at $13.65, up by nearly 70% from its lowest level in April this year, bringing its market capitalization to over $54 billion. Ford's EV bet has backfired Copy link to section The company also announced that it was canceling some of its planned EV products, including the upcoming F- series truck. Its F-150 Lightning will be the a hybrid, which will use its Extended Ran ...

Core Viewpoint - Zoetis Inc. is conducting a private offering of $1.75 billion aggregate principal amount of 0.25% convertible senior notes due 2029, targeting qualified institutional buyers under Rule 144A of the Securities Act of 1933 [1]. Group 1 - The offering consists of convertible senior notes with a maturity date in 2029 [1]. - The interest rate on the notes is set at 0.25% [1]. - The initial purchasers of the notes have been granted an option, although the specifics of this option are not detailed in the provided text [1].

Nasdaq, the tech heavy benchmark, is preparing to seek regulatory approval to introduce near-continuous stock trading, as international interest in US equities continues to rise, pushing exchanges to rethink traditional market hours, Reuters reported.The exchange operator, which lists technology giants including Nvidia, Apple and Amazon, submitted documents to the US Securities and Exchange Commission on Monday outlining plans for 23-hour-a-day trading, five days a week. The proposal would move Nasdaq close ...

The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index moved to the “Neutral” zone on Monday.U.S. stocks settled lower on Monday, with the Nasdaq Composite falling more than 100 points during the session. The S&P 500 fell 0.6% last week, while the 30-stock Dow gained 1.1% on the week.Traders are focused on Tuesday’s release of official October and November payroll data alongside October retail sales.According to Fed futures, markets assign only a 24% prob ...