NEW YORK (AP) — Wall Street steadied on Thursday as stocks in the artificial-intelligence industry bounced back following an encouraging report from a Taiwanese chip giant and as oil prices eased sharply. The S&P 500 rose 0.3% and snapped the two-day losing streak it had been on since setting an all-time high. The Dow Jones Industrial Average added 292 points, or 0.6%, and the Nasdaq composite rose 0.2%. Nvidia and other formerly high-flying AI stocks helped lift the market after Taiwan Semiconductor Man ...

Core Viewpoint - The Gross Law Firm is notifying shareholders of Blue Owl Capital Inc. regarding a class action lawsuit due to alleged misleading statements and undisclosed liquidity issues during a specified class period [1][3]. Group 1: Allegations - The complaint alleges that Blue Owl faced significant pressure on its asset base from redemptions by business development companies [3]. - It is claimed that the company was experiencing undisclosed liquidity issues as a result of these pressures [3]. - The lawsuit suggests that Blue Owl may need to limit or halt redemptions of certain business development companies, which contradicts previous positive statements made by the company regarding its business and prospects [3]. Group 2: Class Action Details - The class period for the lawsuit is defined as February 6, 2025, to November 16, 2025 [3]. - Shareholders are encouraged to register for the class action by February 2, 2026, to potentially be appointed as lead plaintiffs [4]. - Participation in the case does not require a fee or obligation, and registered shareholders will receive updates through portfolio monitoring software [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].

US stock futures climbed on Thursday, signaling a recovery from back-to-back losses as chip linchpin TSMC's strong outlook boosted AI hopes in the wait for more big bank earnings. Contracts on the tech-heavy Nasdaq 100 (NQ=F) rose 0.8% to lead the way higher, with those on the S&P 500 (ES=F) up roughly 0.4%. Dow Jones Industrial Average futures (YM=F) added 0.1% following a second straight day of losses for the Wall Street indexes. TSMC, the world's largest contract chipmaker, posted a 35% jump in fourt ...

Core Insights - The article discusses the macroeconomic factors influencing advisors and investors in 2026, particularly focusing on the Federal Reserve's independence and inflation concerns [2][3]. Federal Reserve Developments - The Department of Justice has subpoenaed the Federal Reserve, raising concerns about its independence, which could impact market dynamics [3][4]. - Market reactions have shown initial pullbacks following the news, with expectations that advisors and traders will adopt a wait-and-see approach until more clarity emerges [5]. - There is speculation about whether Jerome Powell will remain as a governor until 2028, highlighting the uncertainty surrounding leadership at the Fed [6]. Inflation Concerns - There are doubts regarding the accuracy of the Consumer Price Index (CPI) due to outdated methods used by the Bureau of Labor Statistics, which may misrepresent the true inflation landscape [7][8]. - Advisors and investors are currently underexposed to commodities, particularly gold, which presents opportunities for hedging against inflation and achieving long-term gains [9]. Investment Opportunities - The WisdomTree Japan Opportunities Fund (OPPJ) is highlighted as a compelling investment choice for 2026, as Japan's economy shows signs of improvement due to favorable fiscal policies and moderate inflation [10][11]. - OPPJ targets Japanese companies with strong growth potential, including those held by Berkshire Hathaway and those with high shareholder yields, providing a diversified investment approach [12]. - The fund is positioned as a strategic option for navigating the uncertainties of the U.S. markets in 2026, encouraging advisors to remain adaptable [13].

Goldman Sachs, Morgan Stanley, and BlackRock are slated to release fourth-quarter earnings on Thursday after a tough day for investors in the financial sector. UBS analyst Michael Brown noted in a report this week that BlackRock typically offers guidance on organic base fee growth, core expenses, its tax rate, and buybacks as part of fourth-quarter earnings. Investors will be able to parse results from BlackRock, the world's largest asset manager, to learn how fee growth and fund flow metrics were in the qu ...

DoubleLine CEO/CIO Jeffrey Gundlach waxed market poetic in a recent Just Markets webcast. He looked back at 2025 and ahead in 2026 for opportunities with a barrage of charts to support his assertions. ...

Core Viewpoint - BlackRock, Inc. has set an optimistic price target of $1,209 for its stock, indicating a potential increase of 10.96% from its current trading price of $1,089.54, despite a downgrade from TD Cowen to Hold from Buy due to upcoming earnings expectations [1][2][5] Financial Expectations - Analysts expect BlackRock's fourth-quarter earnings to be $12.3 per share, an increase from $11.93 per share in the same quarter last year [2] - Revenue is anticipated to rise to $6.75 billion from $5.68 billion year-over-year [2] Workforce and Strategic Moves - BlackRock is planning to reduce its workforce by about 1%, which may be a strategic decision to streamline operations despite the expected revenue growth [3][5] Stock Performance - BlackRock's stock closed at $1,089.54, with a slight increase of 0.03%, and fluctuated between $1,073.73 and $1,094 during the trading day [4] - Over the past year, the stock reached a high of $1,219.94 and a low of $773.74, with a market capitalization of approximately $168.83 billion [4]

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Empower, the second-largest U.S. retirement plan provider, added alternative asset manager giant Blackstone to its private markets investment partnership program. The move comes amid a push by the Trump administration to expand private market access to defined contribution plans.  Blackstone, which has a line-up of private equity, private credit, real estate and infrastructure products aim ...

Core Viewpoint - CoinShares International Limited has appointed BDO LLP as its new statutory auditor, marking a strategic move towards expanding its presence in the U.S. market [2]. Group 1: Auditor Change - Baker Tilly Channel Islands Limited will resign as the statutory auditor of CoinShares, with the appointment of BDO LLP approved by the Board of Directors and the Audit Committee [1][3]. - The change in auditors is part of CoinShares' strategy to comply with U.S. regulations, as BDO LLP is registered with the Public Company Accounting Oversight Board (PCAOB) [2]. Group 2: Company Background - CoinShares is a leading global asset manager specializing in digital assets, providing a range of financial services to various clients including corporations and financial institutions [4]. - Founded in 2013, CoinShares is headquartered in Jersey and has offices in France, Stockholm, the UK, and the U.S., and is regulated by multiple financial authorities [4].

Company Overview - T. Rowe Price Group, Inc. is a global investment management organization founded in 1937 and headquartered in Baltimore, managing $1.76 trillion in assets under management (AUM) as of September 30, 2025 [11]. Investment Ratings - T. Rowe Price is rated 2 (Buy) on the Zacks Rank, indicating a favorable investment outlook [11]. Growth Potential - The company has a Growth Style Score of B, forecasting a year-over-year earnings growth of 4.6% for the current fiscal year [12]. - In the last 60 days, three analysts revised their earnings estimates higher for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.15 to $9.76 per share [12]. - T. Rowe Price has an average earnings surprise of +4%, suggesting consistent performance above expectations [12]. Style Scores - T. Rowe Price has a VGM Score of A, indicating strong performance across value, growth, and momentum characteristics [11][12].