Core Viewpoint - Nvidia CEO Jensen Huang dismissed reports of friction with OpenAI as "nonsense," emphasizing the ongoing partnership and investment plans between the two companies [1][3]. Group 1: Investment and Partnership Dynamics - Nvidia plans to invest up to $100 billion in OpenAI and build 10 gigawatts of computing infrastructure for the AI company [1]. - Huang has begun to emphasize that the deal is nonbinding and has privately criticized OpenAI's business strategy while expressing concerns about competitors like Anthropic and Google [2]. - Recent discussions between Nvidia and OpenAI are reportedly focusing on a potential equity investment of tens of billions of dollars, rather than the previously announced $100 billion [2][6]. Group 2: Statements from Key Stakeholders - An OpenAI spokesperson stated that both companies are "actively working through the details of our partnership," highlighting Nvidia's crucial role in powering OpenAI's systems [3]. - Huang reiterated his belief in OpenAI's work, calling it "incredible" and one of the most consequential companies of our time, and confirmed Nvidia's intention to participate in OpenAI's latest funding round [4][3]. - Huang declined to specify the exact amount Nvidia would invest, suggesting that OpenAI CEO Sam Altman should announce the funding details [6].

Core Viewpoint - Nvidia CEO Jensen Huang dismissed reports of friction with OpenAI as "nonsense," emphasizing the ongoing partnership and investment plans between the two companies [1][3]. Group 1: Investment Plans - Nvidia announced a plan to invest up to $100 billion in OpenAI and build 10 gigawatts of computing infrastructure for the AI company [1]. - Recent discussions between Nvidia and OpenAI have shifted towards a potential equity investment of "tens of billions of dollars," indicating a reevaluation of their financial commitments [2]. - Huang confirmed Nvidia's intention to participate in OpenAI's latest funding round, highlighting the investment as a "good investment" [3]. Group 2: Relationship Dynamics - Huang has privately criticized OpenAI's business strategy and expressed concerns about competitors like Anthropic and Google, suggesting a more cautious approach to the partnership [2]. - An OpenAI spokesperson stated that both companies are "actively working through the details of our partnership," reaffirming Nvidia's critical role in OpenAI's operations [3]. - Huang praised OpenAI's work, calling it "incredible" and one of the most consequential companies of our time, indicating a strong belief in the partnership's potential [4].

Core Viewpoint - Halper Sadeh LLC is investigating several companies for potential violations of federal securities laws and breaches of fiduciary duties to shareholders related to their sales transactions [1][2]. Group 1: Company Investigations - Stellar Bancorp, Inc. is being investigated regarding its sale to Prosperity Bancshares, Inc. for 0.3803 shares of Prosperity common stock and $11.36 in cash for each share of Stellar common stock [1]. - Gold Resource Corporation's sale to Goldgroup Mining Inc. involves an exchange of 1.4476 common shares of Goldgroup for each share of Gold Resource common stock [2]. - SkyWater Technology, Inc. is under scrutiny for its sale to IonQ, which includes $15.00 in cash and $20.00 in shares of IonQ common stock for each share of SkyWater [2]. Group 2: Legal Rights and Options - Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures, and other relief on behalf of shareholders [3]. - Shareholders are encouraged to contact Halper Sadeh LLC to discuss their legal rights and options at no charge [4].

Core Viewpoint - General Motors reported strong profitability and provided a better-than-expected outlook, despite missing revenue expectations in the fourth quarter [1][2]. Financial Performance - GM's adjusted EPS of $10.60 exceeded the high end of its own guidance range, and EBIT and automotive free cash flow were better than expected, even after accounting for one-time charges related to its EV strategy [5][6]. - The company announced a 20% increase in the quarterly dividend and a new $6 billion share repurchase authorization, which represents about 8% of its outstanding shares at the current price [6]. Future Outlook - Management's initial guidance for 2026 projects earnings of $11 to $13 per share, indicating a potential 13% growth over 2025 [7]. - CEO Mary Barra highlighted that improvements in battery technology will enable quicker profitability for electric vehicles, with EV sales increasing by 48% year over year [8]. - The company anticipates a 40% rise in deferred revenue from software and services to $7.5 billion by 2026, which are high-margin revenue streams [9]. Competitive Position - GM's stock has risen over 50% in the past year but remains relatively cheap, trading at just 7 times the company's 2026 EPS guidance [11]. - The company is executing its electric vehicle strategy effectively, showing a clear path to profitability, and plans to launch advanced features like eyes-off autonomous driving by 2028 [12]. Investment Potential - GM's strong performance and future growth prospects make it a significant position in investment portfolios, with expectations for continued upside potential [13].

Core Insights - GPM Growth Investors sold 355,263 shares of the Invesco BulletShares 2027 Corporate Bond ETF (NASDAQ:BSCR) for an estimated value of $7.01 million, reflecting a reduction in their stake to 0.13% of their reportable AUM [2][3] ETF Overview - The Invesco BulletShares 2027 Corporate Bond ETF has an AUM of $4.42 billion and a yield of 4.26%, with a price of $19.72 as of January 29, 2026, and a 1-year total return of 6% [4][6] Investment Strategy - BSCR targets U.S. dollar-denominated investment grade corporate bonds maturing in 2027, with at least 80% of assets allocated to this maturity cohort, structured as an exchange-traded fund with a transparent index methodology [9] Market Context - The recent sale by GPM Growth Investors is interpreted as a portfolio timing adjustment rather than a negative outlook on credit, as defined-maturity bond ETFs are typically used for precise investment strategies [10][11] Performance Analysis - The ETF has seen a modest increase of just over 1% over the past year, indicating that income generation has been the primary driver of returns rather than price appreciation, allowing for the locking in of income while mitigating reinvestment risk at maturity [12]

Core Insights - Bitcoin ETFs experienced significant one-day outflows of nearly $818 million as Bitcoin's price fell to a nine-month low, indicating a shift in investor sentiment [1][4] - Cumulative net inflows since the inception of Bitcoin ETFs remain substantial at $55.52 billion despite recent negative trends [1][4] Group 1: ETF Performance - The largest Bitcoin ETF, BlackRock's iShares Bitcoin Trust, led the outflows with $317.81 million, followed by Fidelity's FBTC with $168.05 million and Grayscale's GBTC with $119.44 million [2] - January concluded with estimated net outflows of $1.1 billion, reflecting a continuation of negative trends observed in December 2025 [3] Group 2: Market Conditions - The sharp decline in Bitcoin's price, dropping below the $84,000 support level to as low as $81,200, coincided with broader bearish conditions in the cryptocurrency market [3][4] - Analysts suggest that ongoing bearish market conditions and lower price targets could lead to further outflows from Bitcoin ETFs in the future [5]

Core Viewpoint - Kimberly-Clark is positioned as a deep value stock for income investors in 2026, especially with its strong dividend yield of 5% and a history of consistent dividend increases [3][9][19] Company Overview - Kimberly-Clark specializes in paper products, including brands like Kleenex, Huggies, and Scott, holding leading market shares in 70 countries [4] - Approximately two-thirds of its sales are generated in North America, with the remainder coming from international markets [4] Financial Performance - In 2025, Kimberly-Clark achieved 1.7% organic sales growth, driven by a 2.5% increase in volume, despite a 0.9% decrease in price [6] - The company reported gross margins of 36%, flat adjusted operating profit, and a 3.2% increase in adjusted earnings per share (EPS) [6] - For 2026, Kimberly-Clark is guiding for 2% organic sales growth and flat adjusted EPS, with a mid-to-high single-digit increase in adjusted operating profit [6] Dividend and Cash Flow - Kimberly-Clark raised its dividend for the 54th consecutive year, indicating a commitment to returning value to shareholders [3][10] - The company's earnings and free cash flow exceed its dividend expense, suggesting that the dividend is sustainable without relying on debt [10] Acquisition Strategy - The acquisition of Kenvue, a consumer health company, is expected to generate $2.1 billion in annual synergies, primarily from cost reductions [12][15] - This acquisition aligns with Kimberly-Clark's strategy to expand its product offerings and cover a broader range of consumer needs [13][15] Market Position and Valuation - Kimberly-Clark's stock is currently trading at 13 times forward earnings, making it an attractive option for value investors [18] - The stock has experienced a sell-off, leading to a higher dividend yield, which is appealing for income-focused investors [9][19]

Core Viewpoint - GPM Growth Investors, Inc. has acquired a significant position in the Invesco BulletShares 2030 Corporate Bond ETF, indicating a strategic move towards investment-grade bonds with a defined maturity and predictable income streams [1][2][6]. Fund Overview - The Invesco BulletShares 2030 Corporate Bond ETF targets investment-grade corporate bonds maturing in 2030, appealing to investors seeking defined maturity and predictable income [6][8]. - The fund has an asset under management (AUM) of $2.27 billion and offers a yield of 4.58% [4]. - As of January 29, the ETF's share price was $16.90, reflecting a 3% increase over the past year [3][4]. Recent Transaction - GPM Growth Investors added 440,939 shares of the ETF, valued at approximately $7.46 million, which represents 2.91% of the fund's 13F reportable assets under management as of December 31 [2][3]. - The transaction reflects a deliberate strategy to lock in income while maintaining flexibility in a fluctuating interest rate environment [7][9]. Investment Strategy - The ETF employs a rules-based index and sampling methodology to balance diversification and tracking efficiency, aiming to hold at least 80% of assets in securities from the target index [8]. - The fund is structured as a non-diversified ETF, providing exposure to a defined-maturity bond portfolio [8]. Market Positioning - Defined-maturity bond ETFs like this one are increasingly viewed as essential components of fixed income allocations, offering higher yields than short-term cash alternatives while limiting duration risk [9][11]. - The fund's approach allows for predictable cash flow over time, converting price volatility into stable income, which is appealing for long-term investors [10][11].

Core Insights - The iShares Silver Trust (SLV) and the Global X - Silver Miners ETF (SIL) provide different investment approaches to the silver market, with SLV tracking physical silver prices and SIL investing in silver mining companies [1][8]. Cost & Size - SLV has a lower expense ratio of 0.50% compared to SIL's 0.65%, making it more cost-effective for investors [3]. - As of January 26, 2026, SLV has a one-year return of 268.4% while SIL has a return of 247.4% [3]. - SLV has assets under management (AUM) of $38 billion, significantly larger than SIL's $5 billion [3]. - SIL offers a dividend yield of 1.18%, while SLV does not pay dividends [4]. Performance & Risk Comparison - Over five years, SLV has a maximum drawdown of -39.33%, while SIL has a higher drawdown of -55.79% [5]. - An investment of $1,000 in SLV would grow to $4,384 over five years, compared to $2,810 for SIL [5]. Portfolio Composition - SIL invests in 39 global silver mining stocks, focusing entirely on the Basic Materials sector, with major holdings in Wheaton Precious Metals, Pan American Silver, and Coeur Mining [6]. - SLV provides pure exposure to silver prices, with all assets linked to Real Estate as a proxy for physical silver holdings [7]. Investment Implications - SIL's focus on mining companies allows for potential higher returns when these companies perform well, but it also introduces greater risk if they underperform [9]. - SLV offers a straightforward investment in silver prices without the complexities associated with mining operations and equity market fluctuations [9]. - The choice between SLV and SIL depends on investor objectives, with SLV suitable for those seeking direct silver price exposure and SIL for those interested in the broader silver market including mining companies [10].

Fast forward to today, and that swagger has vanished. The PROFESSIONAL MONOGAMYBehind this sudden outbreak of professional monogamy lies a potent cocktail: higher interest rates, geopolitical whiplash and a labour market that has cooled from its post-pandemic sugar rush. The ratio of job openings to unemployed workers has halved since the 2022 levels. The job market no longer feels like a buffet; it feels like airline food—limited choices, all suspicious, and best consumed quietly.Live EventsUncertainty is ...