Silver retreating after hitting an all-time high yesterday. Gold is just below record levels. And the clear breakout today, it's platinum, which my next guest is arguably the strongest commodity in the precious metals complex.Joining us now is Jeff Curry, the chief strategy officer at of energy pathways at Carile Group. Jeff, it's so great to see you. Welcome.>> Hey, Kelly. Great to see you as well. You know, I still thought you had the best encapsulation of what was going on in CO when you said there were ...

Carlyle Group has launched a takeover offer for Hogy Medical Co. in the latest private equity-led deal of a Japanese company https://t.co/4SgKSDi7JA ...

Core Insights - iRobot has filed for prepackaged Chapter 11 bankruptcy, leading to significant financial losses for Carlyle Group, which lost over $100 million on a loan to the company [1] - The acquisition of iRobot is set to be completed by Pickett Robotics, a subsidiary of a Chinese firm, through a court-supervised restructuring [1] Company Performance - Since its debut in 2002, iRobot has sold over 50 million Roomba units but has struggled to compete effectively against Chinese rivals, resulting in a loss of market share [2] - Regulatory challenges, such as the blocking of Amazon's $1.7 billion acquisition in 2024, and external pressures like tariffs imposed by the Trump administration on Vietnam have contributed to the company's financial difficulties [2] Technology and Innovation - iRobot's failure to adopt LIDAR technology has been criticized, likening the situation to Nokia's decline in the mobile phone market [6] - The company has historically manufactured Roombas in China and Vietnam, citing the challenges of low-cost labor and intricate construction in the U.S. [11][12] Competitive Landscape - The robotics industry is witnessing a shift, with Chinese companies gaining ground and succeeding in the field, particularly in humanoid robotics, often at lower price points due to manufacturing efficiencies [17][18] - The current state of competition between the U.S. and China in robotics is characterized by a significant transfer of technology and innovation to China, raising concerns about national security implications [19][20][22] Future Outlook - The robotics field is expected to see growth in various sectors, including warehouses and manufacturing, although the immediate future for humanoid robots remains uncertain [24]

Core Viewpoint - Exicure has experienced a significant stock price rally due to promising Phase 2 trial results for its investigational drug burixafor, which is designed for hematopoietic progenitor cell mobilization in multiple myeloma patients [1][3]. Group 1: Stock Performance - Exicure shares surged 70% in pre-market trading to approximately $9, following a previous close of $5.33, marking a year-to-date decline of 64.89% [1]. - The early-morning rally was a response to the positive trial results, indicating a strong market reaction to the new data [3]. Group 2: Clinical Trial Results - Nearly 90% of trial participants achieved the required CD34+ cell thresholds within two leukapheresis sessions when treated with burixafor in combination with propranolol and G-CSF [4]. - The therapy demonstrated effectiveness in patients previously treated with daratumumab, a group that typically has lower mobilization success [5]. - Burixafor's rapid activity was highlighted, with peak CD34+ cell levels appearing within an hour, distinguishing it from other drugs in the same class [5]. Group 3: Institutional Ownership - Despite its small size and previous decline, Exicure has maintained a presence in the portfolios of major institutional investors, including BlackRock, Carlyle Group, Vanguard, Geode Capital Management, and UBS Group [6][7]. - As of September 30, 2025, BlackRock held 5,730 shares of Exicure, indicating continued interest from professional investors [6].

US buyout firm Carlyle Group has emerged as the frontrunner to acquire Hogy Medical https://t.co/g5pP8EHwtO ...

Economic Data Release - The Bureau of Labor Statistics (BLS) will release September's nonfarm payrolls data on Thursday at 8:30 a.m. Eastern Time, following the 42-day government shutdown [1] - The shutdown was the longest in U.S. history, beginning on October 1 and ending with a bipartisan Senate deal that approved funding through January 30 [1] Labor Market Indicators - The Labor Department did not release its weekly unemployment benefits report for seven weeks, complicating the understanding of the labor market [2] - The jobless claims report is considered an early indicator of labor market trends [2] Inflation Data - September's Consumer Price Index (CPI) showed a headline inflation rate of 3.0%, slightly below the forecast of 3.1%, and core inflation also at 3.0%, down from 3.1% [4] - Monthly core inflation was reported at 0.2%, which was below expectations [4] Job Market Concerns - Major employers like Amazon, UPS, and Intel announced significant job cuts, contributing to concerns about the job market [4] - Carlyle Group data indicated only 17,000 jobs were created in September, significantly below the forecast of 54,000, marking the weakest hiring since the 2020 recession [5] Political Reactions - Senator Elizabeth Warren criticized the Federal Reserve for lacking data and accused the Trump administration of withholding September jobs data [5] - The absence of official BLS figures has led to increased political pressure regarding the delayed economic data [5]

Market Dynamics - Oil prices surged nearly 6% following the Trump administration's imposition of additional sanctions on Russia's two largest oil companies, with WTI crude reaching $61 per barrel and Brent at $65 per barrel [1] - The market had developed a large short position, anticipating a significant supply glut, making it vulnerable to price spikes following the sanctions [3] - The potential loss of Russian oil supply could significantly impact the market, with estimates ranging from 1 million to 5 million barrels per day [5] Sanctions and Geopolitics - The effectiveness of the sanctions is questionable without the implementation of secondary sanctions, which would target entities transacting with sanctioned Russian oil companies [4][11] - Secondary sanctions, if applied, could be highly disruptive but effective, potentially halting transactions with the targeted entities [14] - The reluctance of the US government to implement secondary sanctions stems from concerns about the potential economic repercussions [12] Price Predictions and Trading Strategies - The market has already rallied by approximately $5 from its lows, and further upside potential exists [6] - Analysts suggest that oil prices could rally another $5 to $10 per barrel, given the market's short position [9] - Overcoming the $80 per barrel mark would require a substantial shock to the system [7] - Short positions in oil are risky during such events, suggesting a potential shift in trading strategies [6] Global Economic Implications - Geopolitical factors and supply disruptions significantly influence oil prices, with global economic implications [10] - The trend of de-dollarization, driven by concerns over sanctions, is contributing to increased demand for gold [12][13]

Core Insights - KKR & Co. Inc. is a global investment firm managing various alternative asset classes, including private equity, energy, infrastructure, real estate, and credit, and is known for strategic investments and partnerships that drive growth [1] - Morgan Stanley has set a price target of $166 for KKR, indicating a potential price increase of about 35.4% from its current stock price of $122.60, reflecting confidence in KKR's strategic moves [2][5] - KKR's recent investment in Peak Re, in collaboration with Quadrantis Capital, enhances Peak Re's financial backing and aligns with KKR's strategy of expanding influence in diverse sectors [3][5] - KKR's stock has shown significant volatility over the past year, with a high of $170.40 and a low of $86.15, and currently has a market capitalization of approximately $109.15 billion [4][5] - The stock has traded between $120.06 and $123.04 today, with an active trading volume of 1,217,389 shares [4]

Investment Focus - Investors should pay more attention to the new economy forming around extreme weather [1] Industry Expert Opinion - Private equity veteran and former Carlyle Group executive Jay Koh highlights the importance of the new economy related to extreme weather [1]

AI Development Focus - Carlile Group focuses on investment research agents that scan analyst notes and company data [1] - The company also develops AI assistants that answer ad-hoc queries over structured and unstructured data [1] - The company emphasizes the importance of measuring and scoping AI agents for effectiveness [1] AI in Investment - AI streamlines routine workflows for investment and support teams, boosting efficiency [2] - AI frees up people's time to focus on higher value analysis [2] - The industry should pick the right framework that keeps pace with the fast-moving AI and focuses on business logic [2]