'Likes to have cash': Inside Deutsche Bank's slow split from Epstein | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Jeffrey Epstein is seen in this image released by the Department of Justice in Washington, D.C., U.S., on December 19, 2025 as part of a new trove of documents from its investigations into the... [Purchase Licensing Rights, opens new tab] Read more- Companies- Summary- Epstein's arrest prompted Deutsche to finally cl ...

For years, blockchain conferences mostly served crypto-native audiences. #ParisBlockchainWeek 2026 marks a shift.Cointelegraph joins as Strategic Media Partner as institutions and Web3 leaders meet in Paris on April 15–16 to discuss how digital assets integrate into regulated finance.S&P Global, Fidelity Investments, Deutsche Bank, Circle and Ripple are among confirmed participants. ...

Core Insights - Nexstar Media Group is a significant player in the media industry, operating television stations and digital media properties across the United States [1] - The company competes with other media firms like Tegna in broadcasting and digital media [1] Stock Performance - As of now, Nexstar's stock (NASDAQ:NXST) is trading at $240.32, reflecting a slight increase of 0.11% or $0.28 [2] - The stock has fluctuated between $235 and $243.96 on the current trading day [2] - Over the past year, NXST has reached a high of $254.30 and a low of $141.66 [4][5] Analyst Insights - Deutsche Bank analyst Benjamin Soff has set a new price target for NXST at $250, indicating a potential increase of 4.67% from the current price [2][5] - The market capitalization of Nexstar is approximately $7.29 billion [4][5] Merger Developments - The recent surge in Nexstar's stock price is attributed to former President Donald Trump's unexpected support for the merger with Tegna, which requires significant rule changes by the Federal Communications Commission (FCC) [3][5] - Trump's initial opposition to the merger has shifted, significantly influencing market sentiment [3]

Core Viewpoint - Deutsche Bank maintains a "Buy" rating for Micron Technology, raising its price target from $300 to $500, indicating strong confidence in the company's future performance [1][5] Group 1: Institutional Investment - Roman Butler Fullerton & Co. recently invested in Micron, acquiring 1,404 shares valued at approximately $235,000, reflecting a trend of increasing institutional investment [2] - Vanguard Group Inc. increased its holdings by 1.9% in the second quarter, now owning over 103 million shares valued at $12.8 billion [2] - State Street Corp expanded its stake by 2.7%, holding over 51 million shares worth approximately $6.3 billion [2] Group 2: Stock Performance - The current stock price of Micron is approximately $380.53, reflecting a slight decrease of about 0.78% or $2.97 [3] - During the trading day, the stock fluctuated between a low of $366.06 and a high of $382.16, showcasing significant volatility [3] - Over the past year, Micron has experienced a high of $455.50 and a low of $61.54, indicating the dynamic nature of the semiconductor market [3] Group 3: Market Capitalization and Trading Volume - Micron's market capitalization stands at approximately $428.29 billion, reflecting its substantial presence in the industry [4] - The trading volume for Micron is 11.56 million shares on the NASDAQ exchange, indicating active investor interest [4] - These figures underscore the company's importance and the confidence investors have in its growth potential [4]

Core Viewpoint - Micron Technology's stock has experienced a decline despite positive recommendations from analysts, indicating potential investor skepticism about the company's future performance [1][2]. Group 1: Analyst Recommendations - TD Cowen set a price target of $600 for Micron, predicting a 55% profit and earnings of up to $60 per share due to favorable market conditions in DRAM [2]. - Deutsche Bank analyst Melissa Weathers also recommended Micron, citing "unprecedented" tight supplies of DRAM and high demand for DRAM and HBM, which could lead to higher prices and profits for the company [5]. - Weathers forecasts Micron to earn $46.50 this year and values the stock at $500, suggesting a valuation of 11 times earnings [6]. Group 2: Market Risks - Despite the positive outlook, there are concerns about potential supply increases from competitors, particularly Samsung, which could negatively impact memory pricing and Micron's profitability [7]. - The semiconductor industry remains cyclical, and even with a valuation of 12 times earnings, Micron's stock carries inherent risks [7]. Group 3: Investment Considerations - The Motley Fool Stock Advisor has identified 10 stocks as better investment opportunities than Micron, suggesting that investors should consider alternatives [8].

The software and technology sectors pose one of the all-time great concentration risks to the speculative-grade credit market, according to Deutsche Bank analysts https://t.co/0TMZ2fW1H3 ...

Core Insights - The GSEs (Fannie Mae and Freddie Mac) are no longer the dominant force in the mortgage-backed securities (MBS) market as they were before the 2008 financial crisis, with their retained portfolios now accounting for only about 3% of the outstanding market [9][12][24] - Recent instructions from former President Donald Trump to the GSEs to purchase $200 billion in MBSs may not significantly impact the rates market due to the reduced scale of their hedging activities compared to the past [15][16][17] - The GSEs' retained portfolios have increased to $272 billion as of December, up $93 billion (52%) from May, but this growth is still modest relative to the overall market size [7][23][24] Group 1: GSEs' Market Position - The GSEs held more than $1 trillion of MBSs before the financial crisis, representing roughly a third of the market, but have since reduced their holdings significantly [9][12][14] - The Federal Reserve and commercial banks now hold a combined total of approximately $4.7 trillion in MBSs, which is about half of the market [7][24] - The GSEs' hedging activities have diminished, leading to a lack of significant influence on the rates market as they no longer manage a substantial duration gap [14][27] Group 2: Recent Developments - The Federal Housing Finance Agency clarified that the GSEs would be the buyers of the MBSs, with the combined incremental purchases not exceeding $200 billion [8][15][23] - Analysts expect that while the GSEs' purchases may affect MBS spreads, they are unlikely to have a major impact on the Treasury market due to insufficient hedging [6][17] - The GSEs' current cash reserves and potential MBS purchases could offset the Federal Reserve's ongoing balance sheet runoff, which has led to a decline in MBS holdings [24][29] Group 3: Market Dynamics - Nearly half of homeowners currently have mortgages at rates of 3% or less, indicating that significant refinancing activity would require a substantial drop in rates [28][29] - The longer high rates persist, the greater the future refinance exposure becomes as new mortgages are issued at higher rates [29] - The GSEs' past strategies involved extensive hedging through interest rate derivatives and Treasuries, which created volatility in the market, a dynamic that is less pronounced today [12][26][27]

Core Insights - Truist Financial Corp reduced its stake in T. Rowe Price Group by 31.9%, holding 20,121 shares valued at $2,065,000 after selling 9,417 shares in Q3 [2] - Several large investors have made significant changes to their positions in T. Rowe Price Group, with First Trust Advisors LP increasing its stake by 137.7% in Q2, now owning 3,441,458 shares valued at $332,101,000 [3] - T. Rowe Price Group's stock opened at $94.58, with a market cap of $20.64 billion and a P/E ratio of 10.22, indicating a relatively low valuation compared to its earnings potential [5] Institutional Holdings - Institutional investors own 73.39% of T. Rowe Price Group's stock, indicating strong institutional interest [3] - Notable changes in institutional holdings include ARGA Investment Management LP increasing its stake by 3,807.3% in Q2, now holding 477,161 shares valued at $46,046,000 [3] Insider Trading - VP Arif Husain sold 4,260 shares at an average price of $101.96, resulting in a total transaction of $434,349.60, which represents an 8.29% decrease in his ownership [4] Earnings Performance - T. Rowe Price Group reported Q4 earnings of $2.44 per share, missing estimates by $0.03, with revenue of $1.93 billion, a 6.0% year-over-year increase [7] - The company had a net margin of 28.53% and a return on equity of 20.36%, indicating strong profitability metrics [7] Analyst Sentiment - Argus upgraded T. Rowe Price Group to a "hold," while Goldman Sachs cut its price target to $90, maintaining a "sell" rating, reflecting mixed analyst sentiment [6][8] - Multiple analysts have lowered their target prices, contributing to a consensus target price of $103.50, with twelve analysts rating the stock as "hold" and four as "sell" [8]

Market Performance - European stocks showed a positive trend with the pan European Stoxx 600 climbing 0.89%, while the U.K.'s FTSE 100 gained 0.59%, Germany's DAX jumped 0.94%, and France's CAC 40 closed up by 0.43% [1] - Major European markets such as Austria, Denmark, Finland, and Spain closed higher, while Belgium, Greece, and Russia ended weak [2] Company Earnings and Movements - Burberry Group, IAG, and HSBC Holdings saw gains between 2% and 5.2%, while BP, Standard Chartered, and Rolls-Royce Holdings also moved up sharply [2][3] - Vinci reported stronger-than-expected results, with a full-year 2025 net income of €4.90 billion, up from €4.86 billion the previous year, leading to a nearly 10% increase in its stock price [5] - Stellantis plummeted 25% after announcing a €22 billion charge related to restructuring efforts and plans to sell its 49% stake in NextStar Energy [6] Sector Performance - In the German market, Siemens Energy climbed 4.3%, while Siemens Healthineers dropped more than 3% [4] - In France, ArcelorMittal gained about 4.75%, and Schneider Electric ended higher by 1%-2.3% [5] Economic Indicators - Germany's industrial production decreased by 1.9% month-on-month in December, reversing a previous rise, while exports increased by 4% and imports growth doubled to 1.4% [7][8] - France's foreign trade deficit increased to €4.8 billion in December, as imports grew faster than exports [9]

Core Viewpoint - Dazhu CNC Technology Co., Ltd. (Dazhu CNC) has successfully listed on the Hong Kong Stock Exchange, with its shares opening at HKD 106 and closing at HKD 110, reflecting a 14.82% increase. However, its A-shares in Shenzhen fell by 6.03% to CNY 147.16 [1][4]. Group 1: IPO Details - The total number of shares offered by Dazhu CNC was 50,451,800, with 5,045,200 shares allocated for public offering in Hong Kong and 45,406,600 shares for international offering [2]. - The final offer price was set at HKD 95.80, resulting in total proceeds of HKD 4,833.3 million. After deducting estimated listing expenses of HKD 202.6 million, the net proceeds amounted to HKD 4,630.7 million [4][5]. Group 2: Use of Proceeds - The funds raised will be utilized to enhance research and development capabilities, increase production capacity for PCB-specific equipment, and for general corporate purposes [5]. Group 3: Key Investors - Major cornerstone investors include Hongxing International, GIC Private Limited, Schroders, HHLRA, MSIP, and others, indicating strong institutional interest in the offering [5].