Core Insights - Bank of America has identified AT&T among 16 stock picks for investors seeking to diversify away from AI-related investments [1][2][9] - The selected stocks are believed to be undervalued, with raised profit estimates in the last three months, trading below broader market multiples, and at least 10% below their 52-week highs [3][9] Consumer-Focused Stocks - Notable companies include AT&T, Walt Disney Co., Dollar General, and Viking Holdings, which are familiar to American consumers [5][9] - Disney is expected to benefit from its sports offerings and theme parks, while AT&T has shown growth potential after exceeding phone subscriber estimates [6] - Viking's unique all-inclusive product offering is driving superior financial performance, and Dollar General is anticipated to perform well as consumers seek value amid inflation [7] Finance and Logistics Stocks - KeyCorp and Progressive are among the finance and logistics firms listed, with Progressive experiencing strong positive revisions in earnings per share estimates [10] - Analysts believe that current estimates for Progressive may be too conservative for upcoming quarters and into 2027 [10]

World Changing Ideas Awards Early-Rate Deadline This Friday, 11/14 LOGIN SUBSCRIBE The Dow Jones Industrial Average reached 46,441.10 on the first day of the shutdown. Since October 1, it has grown over 4%, reaching over 48,000 for the first time on Wednesday, November 12. While the record number came as the shutdown's end became a sure thing, the Dow had continued to rise throughout the period. Subscribe to the Daily newsletter.Fast Company's trending stories delivered to you every day Privacy Policy | | ...

Market Performance - European markets have shown strong momentum, with the Stoxx 600 gaining nearly 15% year to date and about 2.4% month to date, outperforming the S&P 500 which has remained largely flat [1] - European stocks rose for the second consecutive record close, driven by the end of the U.S. government shutdown, strong financial sector performance, and solid earnings results [2] Economic Growth - The eurozone economy grew at its fastest pace in over two years in October, supported by a rebound in service sector activity and stronger demand [5] - The S&P Global's HCOB Eurozone Composite Purchasing Managers' Index increased to 52.5 in October, up from 51.2 in September, marking a 29-month high and indicating continued growth [5] Sector Performance - The services sector strengthened in October, with new business volumes rising at the fastest rate in over two years, as indicated by the composite new orders index increasing to 52.1 from 50.6 [6] Investment Trends - Global equity funds saw strong inflows, with $2.41 billion invested in European funds during the week ending Nov. 5, driven by optimism around AI-driven corporate deals and renewed buying during market pullbacks [4] ETF Highlights - Vanguard FTSE Europe ETF has an asset base of $28.05 billion, with a dividend yield of 2.85%, and has gained 2.27% over the past month and 16.31% over the past year [8][9] - iShares MSCI Eurozone ETF has an asset base of $8.35 billion, with a dividend yield of 2.42%, and has gained 3.60% over the past month and 22.05% over the past year [10][11] - JPMorgan BetaBuilders Europe ETF has an asset base of $8.34 billion, with a dividend yield of 2.21%, and has gained 2.44% over the past month and 16.21% over the past year [12][13] - iShares Core MSCI Europe ETF has an asset base of $6.76 billion, with a dividend yield of 2.82%, and has gained 2.28% over the past month and 15.99% over the past year [14][15] - SPDR EURO STOXX 50 ETF has an asset base of $4.79 billion, with a dividend yield of 2.23%, and has gained 3.79% over the past month and 19.43% over the past year [16][17]

Asset Advantage has introduced two new loan products aimed at small and medium-sized enterprises (SMEs) across the UK. The capital expenditure (CapEx) term loan is intended to provide funding for business assets that fall outside of conventional finance options. This includes specialist equipment and soft assets, as well as costs related to refurbishments, fit outs and equipment commissioning. The second product, a business acquisition loan, is targeted at those looking to buy a business, buy out a part ...

The S&P 500 Index ($SPX) (SPY) today is down -0.64%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.25%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.09%.  December E-mini S&P futures (ESZ25) are down -0.70%, and December E-mini Nasdaq futures (NQZ25) are down -1.15%. US stock indexes are moving lower today as most of the optimism over the reopening of the US government has already been priced in. Higher T-note yields today are a drag on stocks, with the 10-year T-note yield up +4 bp to 4.1 ...

Financial Data and Key Metrics Changes - Total revenue for Q3 2025 reached approximately $10.8 million, a significant increase of over 10 times year-over-year from $0.9 million in Q3 2024 [11][22] - Net income for Q3 2025 was approximately $104.3 million, a substantial increase compared to a net loss of $0.9 million in the same quarter last year, primarily driven by unrealized gains on Ethereum holdings [23] - Cash on hand as of September 30, 2025, was $11.1 million, up from $1.4 million at the end of 2024 [23] Business Line Data and Key Metrics Changes - The affiliate marketing segment generated revenue of approximately $570,000 in Q3 2025, down from $882,000 in Q3 2024, indicating a reduced emphasis on this area as resources shifted towards the ETH treasury strategy [20] - The company staked nearly 100% of its ETH since the inception of its treasury strategy, contrasting with many peers and ETH ETFs [14] Market Data and Key Metrics Changes - As of September 30, 2025, the company held 580,841 ETH with a net fair value of $2.4 billion, and 236,906 LsETH (liquid staked ETH) valued at $622.7 million [21] - Combined ETH holdings increased to 637,752 ETH and 223,499 LsETH as of November 9, 2025 [22] Company Strategy and Development Direction - The company is focused on maximizing value creation through strategic partnerships and identifying the best ETH deployment opportunities, leveraging its relationship with ConsenSys [14][15] - The long-term vision includes Ethereum becoming the settlement layer for trillions of dollars in tokenized assets, with a focus on increasing ETH per share for investors [10][12] Management's Comments on Operating Environment and Future Outlook - Management highlighted a significant shift in institutional adoption of digital assets, supported by regulatory clarity from the U.S. government [12] - The company is well-positioned to capitalize on the ongoing institutional adoption supercycle within the Ethereum ecosystem [19] Other Important Information - The company announced a partnership with Superstate to issue its stock natively on Ethereum, aiming to enhance accessibility and utility for a digitally native investor base [16] - The company raised $76.5 million through a registered direct offering, reflecting strong institutional confidence in its strategy [18] Q&A Session Summary Question: Can you discuss the attributes driving demand for Ethereum and the pipeline for partnerships? - Management noted that financial institutions recognize digital assets as crucial technology, with Ethereum executing its scaling roadmap effectively [27][28] Question: How does the company view the percentage of ETH that should be staked versus used for other earnings? - The company emphasized a focus on risk-adjusted yield while staking nearly 100% of its ETH, without providing specific yield targets [31][32] Question: What initiatives are being considered besides share buybacks in light of the current NAV multiple? - Management indicated a focus on increasing ETH per share growth and capital efficiency, with various strategies available depending on market conditions [50][51] Question: How does Ethereum maintain its leading position against competitors like Solana? - Management highlighted Ethereum's significant stablecoin activity and tokenized asset dominance, asserting confidence in its institutional activity [56][57] Question: What is the expected impact of upcoming Ethereum upgrades? - Management expressed optimism about the upgrades enhancing scalability and transaction throughput, positioning Ethereum favorably against competitors [64][65]

Core Insights - The Amex Business Platinum Card and Chase Sapphire Reserve Business Card are highlighted as top premium business rewards cards, each offering unique benefits tailored for business travelers [1][35]. Comparison of Cards - The Amex Business Platinum Card has an annual fee of $895, while the Chase Sapphire Reserve Business Card has a lower fee of $795 [1][13]. - The welcome offer for the Amex card is up to 200,000 Membership Rewards points after spending $20,000 in the first 3 months, whereas the Chase card offers 200,000 bonus points after spending $30,000 in the first 6 months [3][13]. Earning Points - The Amex Business Platinum Card allows users to earn 5x points on flights and prepaid hotels booked through AmexTravel.com, and 2x points on specific business purchases [5][8]. - The Chase Sapphire Reserve Business Card offers 8x points on Chase Travel purchases, 4x points on flights and hotels booked directly, and 3x points on advertising purchases [15][19]. Travel Benefits - The Amex Business Platinum Card provides access to over 1,550 airport lounges globally, significantly more than the Chase Sapphire Reserve's access to over 1,300 lounges [6][18]. - Both cards offer premium travel benefits, but the Amex card is noted for its extensive lounge access and travel perks [25][35]. Business-Focused Benefits - The Amex Business Platinum Card includes various statement credits for services like Dell, Indeed, and Adobe, totaling over $3,500 in annual value [10][34]. - The Chase Sapphire Reserve Business Card offers $400 in ZipRecruiter credits and $200 in Google Workspace credits, but is considered less comprehensive than the Amex card [34][35]. Redemption Options - The Amex Business Platinum Card features a "Pay With Points" option that allows for a 35% rebate on points redeemed through AmexTravel.com, providing consistent value [30][32]. - The Chase Sapphire Reserve Business Card includes a "Points Boost" feature, but redemption values can vary significantly [31][32].

President Donald Trump displays signed funding legislation to reopen the US government, on Nov. 12. Treasuries sustained small losses as the longest government shutdown on record ended and expectations for another Federal Reserve interest-rate cut next month eroded further. Most Read from Bloomberg Yields were higher by as much as three basis points, led by tenors more sensitive to changes in Fed policy. The odds of a December rate cut assigned by the market have slipped amid cautious commentary by sever ...

Core Insights - Truist Foundation awarded over half a million dollars in grants to support innovative solutions for often-overlooked segments of the adult workforce [1][10] - FreeWorld received the first-place grant of $250,000 for its tech-enabled solution that helps formerly incarcerated individuals enter the trucking industry [3][4] - The Inspire Awards event highlighted the importance of philanthropy in addressing workforce challenges and promoting economic mobility [5][8] Grant Recipients - FreeWorld was awarded a total of $325,000, including a $75,000 Audience Favorite grant [3] - Encore Employment Enterprises Inc. received a $150,000 grant for its call-center training program aimed at older adults [5] - Four additional finalists each received $25,000 grants to implement their workforce solutions [6] Program Structure - Finalists participated in a six-month support and development program to refine their solutions and assess their needs [7] - The program provided access to a network of partners and mentors, along with learning modules for business modeling and scaling [7] - Each finalist was invited to participate in the annual Solve at MIT event, enhancing their exposure and opportunities [7] Event Details - The Inspire Awards ceremony took place on November 12, 2025, at the Carolina Theater in Charlotte [8][9] - The event featured notable hosts and presenters, including Truist Financial's leadership [9]

Group 1 - The Federal Trade Commission is investigating whether proxy advisory firms ISS and Glass Lewis have violated antitrust laws regarding their influence on shareholder votes [2] - Sealed Air's shares are experiencing a surge in pre-market trading due to reports of discussions with buyout firm Clayton Dublier and Rice about taking the company private [3] - Prior to the pre-market increase, Sealed Air shares had already risen approximately 10% year-to-date [3] Group 2 - BYU is launching new AI processors and supercomputing products, emphasizing their capability to provide domestically controlled computing power [2]