Tuesday, June 24, 2025We have a potentially newsworthy day for the stock market today, although pre-market trading is again shrugging off most of what might bring negative connotations. The blue-chip Dow is +265 points at this hour, +0.62%, while the S&P 500 is up +42 points, +0.70%. The tech-heavy Nasdaq again leads the way, up +213 points, +0.97%, while the small-cap Russell 2000 is +18, +0.87%.Bond yields are roughly where we left them as of yesterday’s close: +4.35% on the 10-year and +3.85% on the 2-ye ...

Key Takeaways ATO and OGS have strong 2025 EPS estimates, which have risen 0.6% and 0.7%, respectively, in the past 60 days. Atmos Energy has a lower debt-to-capital ratio and stronger current ratio than the industry and OGS. ATO stock rose 11.7% over six months, outperforming both the industry's 2% and OGS's 5.2% gains.Natural gas distribution pipelines are essential for transporting natural gas via small-diameter pipelines from intrastate and interstate transmission networks to end users. The U.S. natur ...

AST SpaceMobile (ASTS 9.27%) posted big gains Monday in a session of strong trading for space stocks. The company's share price ended the daily session up 9.3%. Meanwhile, the S&P 500 (^GSPC 0.96%) and the Nasdaq Composite (^IXIC 0.94%) both gained 1% on the day. AST SpaceMobile's valuation surged higher today amid excitement for the space industry, geopolitical developments, and comments from a Federal Reserve official that could point to a more favorable backdrop for the stock. The company's share price w ...

Go to CNBC. com. Meeting.>> Investors digesting geopolitical headlines. As the US entered the war between Iran and Israel this weekend. Joining us now to help us understand the economic implications is Allianz chief economic adviser Mohamed El-Erian.Mohamed, always good to have you. Are you surprised at the market's reaction thus far, both in the equity markets and perhaps the oil markets as well, to something we've not seen before, namely those attacks by the US on the nuclear installations. >> Thanks for ...

墨尔本市场全面复苏 Domain报道称，悉尼房价中位数有望在下一财年突破180万澳元大关，而 墨尔本房价或将达到111.2万澳元。 此外，布里斯班的房价中位数预计将接近110万澳元，珀斯也有望进入房价百万俱乐部。 "即便按照今天的价格，大多次首次购房者也无法负担悉尼的独栋屋，公寓可能是他们唯一的选择。" | Capital City | FY25 | FY26 | FY25 | FY26 | | --- | --- | --- | --- | --- | | Sydney | 3% | 6% | $835,819 | $888,822 | | Melbourne | -3% | 5% | $555,522 | $584,400 | | Brisbane | 12% | 5% | $670,798 | $701,490 | | Adelaide | 10% | 3% | $568,000 | $586,366 | | Canberra | -13% | 3% | $531,784 | $546,265 | | Perth | 12% | 6% | $519,551 | $552,487 | | Combined ...

Market Overview - The broader market has experienced a strong rally, with the S&P 500 delivering a total return of 10.5% over the last 12 months, driven by indications of moderating inflation and hopes for lower interest rates [1] Financial Sector Outlook - The outlook for financial companies is heavily influenced by macroeconomic conditions and the Federal Reserve's interest rate policy [2] PayPal Analysis - PayPal's stock is down approximately 17% year to date and 77% from its all-time high in 2021, despite solid gains in the broader financial sector [4] - The company maintains a strong position in the payments and financial services industry, with few competitors matching its financial foundations and operational track record [5] - PayPal's total revenue increased by 1% year over year to $7.8 billion, while total payment volume rose by 3% annually to $417.2 billion [6] - Non-GAAP earnings per share increased by 23% year over year to $1.33, with the company holding $15.8 billion in cash against $12.6 billion in debt after returning $1.5 billion to shareholders through stock buybacks [7] - PayPal stock is currently trading at 13.5 times this year's expected earnings, with potential for a more favorable operating environment if the Fed cuts interest rates [8] - The stock is viewed as an attractive investment opportunity in the financial sector due to its solid business foundations and encouraging performance [9] Prudential Financial Analysis - Prudential Financial is positioned to benefit from a potential increase in long-term interest rates, which could lead to higher yields on future bond purchases [13] - The stock is currently down 19% from its lifetime high, and higher interest rates may lower the value of its current bonds but increase the discount rate on its liabilities [13] - Prudential Financial offers a 5.1% dividend yield, making it a useful addition for portfolio insurance [14]

夏莹莹（投资咨询证号：Z0016569） 投资咨询业务资格:证监许可【2011】1290号 2025年6月20日 南华贵金属日报: 金震银调 【行情回顾】 周四贵金属市场金震银调，最终COMEX黄金2508合约收报3387.4美元/盎司，-0.61%；美白银2507合约 收报于36.36美元/盎司，-1.5%。 SHFE黄金2508主力合约收报781.24元/克，-0.49%；SHFE白银2508合约 收8819元/千克，-1.91%。目前市场聚焦于中东局势进展，美国接下来是否可能直接军事介入以伊冲突。 【降息预期与基金持仓】 据CME"美联储观察"数据显示，美联储7月维持利率不变的概率为89.7%，降息25个基点的概率为 10.3%；美联储9月维持利率不变的概率为31.7%，累计降息25个基点的概率为61.7%，累计降息50个基点的 概率为6.7%；美联储10月维持利率不变的概率15.4%，累计降息25个基点的概率为46.3%，累计降息50个基 点的概率为34.9%，累计降息75个基点的概率为3.4%。长线基金看，SPDR黄金ETF持仓维持在947.37吨； iShares白银ETF持仓维持在14763吨。 ...

18 June 2025 | 8:32PM EDT US Daily: June FOMC Recap: Taking Higher Tariffs on Board, Cautiously (Mericle) Jan Hatzius +1(212)902-0394 | jan.hatzius@gs.com Goldman Sachs & Co. LLC Alec Phillips +1(202)637-3746 | alec.phillips@gs.com Goldman Sachs & Co. LLC David Mericle +1(212)357-2619 | david.mericle@gs.com Goldman Sachs & Co. LLC Ronnie Walker +1(917)343-4543 | ronnie.walker@gs.com Goldman Sachs & Co. LLC Manuel Abecasis n FOMC participants raised their inflation forecasts and lowered their GDP growth fore ...

Core Viewpoint - The Company reported a decline in net asset value (NAV) and total return for the six months ending March 31, 2025, reflecting challenging market conditions and investment performance [3][4][13]. Financial Highlights - NAV per share decreased from 40.55p to 34.48p, representing a total return of -8.19% [4][13]. - Market capitalization fell from £150.60 million to £124.25 million [4]. - Share price also declined from 42.20p to 33.80p, with a share price discount to NAV per share of 1.97% [4]. - Dividends paid per share increased from 1.50p to 2.75p during the period [4][6]. Investment Activity - The Company invested £3.6 million in qualifying companies during the period, maintaining 92.29% of its portfolio in qualifying investments [6][30]. - An offer for subscription launched on October 9, 2024, aimed to raise up to £20 million, with £5.4 million raised by issuing 14 million shares [6][31]. Performance of Qualifying Investments - Positive contributors included Aquis Exchange (+95.8%, +£1.71 million) and Cohort (+26.1%, +£1.12 million) due to increased defense spending [15][16]. - Negative contributors included Kidly (-100.00%, -£1.26 million) which went into administration, and Zoo Digital (-74.3%, -£1.14 million) which issued a disappointing trading update [20][21]. Non-Qualifying Investments - The non-qualifying portfolio saw a decline of £1.27 million, with notable losses in WH Smith and Hollywood Bowl due to a weaker economic outlook [27][28]. - The fixed income portfolio returned +£0.35 million, offsetting some losses from direct equities [29]. Market Outlook - The UK economy is expected to see a modest GDP growth of +1.0% in 2025, supported by increased public spending despite inflation concerns [10][39]. - The AIM index has shown resilience post 'Liberation Day', indicating potential growth opportunities despite ongoing market volatility [12][40]. Portfolio Structure - The Company maintained a strong liquidity position with net cash of £11.7 million and a focus on recurring revenue, which represented 82% of total revenue [26][29]. - The portfolio's weighting to qualifying investments increased to 58.4%, while cash weighting decreased to 7.6% [36].

All right, let's start with the Fed, but we've got a lot of ground to cover. Um, what are your expectations when it comes to the outlook. I think we all know there's not going to be a cut, but when we're talking about the outlook, what are you expecting and how do you see that impacting the markets in the near term.Yeah, it's a good question. I think um the focus will really be on the number of uh cuts that going to be pencileled in. Our expectation is going to be that it's going to be around two cuts still ...