每经AI快讯，周四亚太盘初，标普500股指期货涨0.9%，纳指期货涨1.4%，罗素2000股指期货涨 0.67%，道指期货涨0.3%。 ...

Core Viewpoint - The Russell 2000 index, which includes many small-cap stocks, presents opportunities for investors to discover undervalued companies, but these stocks are often more volatile and susceptible to economic downturns [1][2]. Group 1: Stocks to Sell - **Teladoc (TDOC)**: - Market Cap: $1.43 billion - The company provides telemedicine services aimed at rural areas, facilitating remote medical consultations [3][6]. - Current share price is $7.72, with a forward EV/EBITDA ratio of 4.9x, indicating potential concerns regarding its valuation [5]. - **Kadant (KAI)**: - Market Cap: $3.21 billion - A global supplier of critical components and engineered systems for process industries [6]. - The stock price is $267.51, reflecting a forward P/E ratio of 27.5x, suggesting caution for potential investors [8]. Group 2: Stock to Watch - **Byline Bancorp (BY)**: - Market Cap: $1.25 billion - The bank has experienced unremarkable sales trends with a 2.9% annual growth over the last three years, which is below the average for consumer internet companies [9]. - The focus on user growth over monetization has resulted in a 7.9% annual decline in average revenue per user [9]. - The bank ranks as the fifth most active Small Business Administration lender in the U.S., serving small and medium-sized businesses [11]. - **Positive Indicators for BY**: - Annual net interest income growth of 12.3% over the last five years indicates an increase in market share [12]. - Earnings per share have grown by 21.8% annually, surpassing revenue growth, indicating high profitability from incremental sales [12]. - Tangible book value per share has increased by 17.5% annually over the last two years, reflecting strong equity value growth [12].

Group 1 - The S&P 500 futures rose by 0.29% at the end of trading on Friday, October 31 [1] - The Dow Jones futures increased by 0.15% [1] - The Nasdaq 100 futures gained 0.44% [1] - The Russell 2000 futures saw a rise of 0.50% [1]

Group 1 - The Nasdaq 100 index increased by 1% [1] - The Russell 2000 index rose by 1.5% [1]

Core Insights - The Russell 2000 Index surged by 4%, reaching a new high since December 2024 [1] Group 1 - The significant increase in the Russell 2000 Index indicates strong performance in small-cap stocks [1]

Core Viewpoint - The merger between Hudson Global, Inc. and Star Equity Holdings, Inc. has been successfully completed, creating a larger and diversified holding company that aims to leverage its increased size, diversified revenue streams, and improved profitability to deliver compelling returns to shareholders [5][8]. Company Structure and Operations - Hudson Global now operates with four reporting segments: Building Solutions, Business Services, Energy Services, and Investments [6][10]. - The Building Solutions division includes modular building manufacturing, structural wall panel and wood foundation manufacturing, and glue-laminated timber manufacturing [11]. - The Business Services division provides flexible recruitment solutions to a global client base, focusing on mid-market and enterprise-level organizations [12]. - The Energy Services division is involved in the rental, sale, and repair of downhole tools for various industries [13]. - The Investments division manages the company's real estate assets and investment positions in both private and public companies [14]. Financial and Market Impact - The merger results in pro-forma annualized revenues of $210 million, enhancing revenue diversity and positioning the company for potential inclusion in the Russell 2000 index [5]. - The merger allows for the utilization of Hudson Global's $240 million U.S. federal net operating losses (NOLs) [5]. Stock and Trading Information - Hudson Global's common stock will continue trading under the symbol "HSON," while its 10% Series A Cumulative Perpetual Preferred Stock will begin trading under "HSONP" [2]. - Star's common and preferred stock has been suspended from trading on Nasdaq as of August 22, 2025 [2]. Management and Governance - The board of directors of Hudson Global consists of seven members, with six being independent, and is led by CEO Jeff Eberwein and COO Rick Coleman [7].

Core Viewpoint - The Russell 2000 index futures rose over 1% during the trading day [1] Group 1 - The increase in the Russell 2000 index futures indicates positive market sentiment among small-cap stocks [1]

Core Insights - The Russell 2000 Index has increased by over 1% [1] Group 1 - The rise in the Russell 2000 Index indicates positive market sentiment towards small-cap stocks [1]

Core Viewpoint - The Russell 2000 index has experienced a decline, with a drop of 1.4% noted in recent trading sessions [1] Group 1 - The Russell 2000 index, which represents small-cap stocks, is showing increased volatility as it expands its decline [1]

Core Viewpoint - The Russell 2000 Index experienced a decline of 1.2% [1] Group 1 - The Russell 2000 Index, which represents small-cap stocks, is showing a downward trend [1]