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Inflation is caused by ‘too much government spending,’ affirms Elon Musk. Here’s what he likes for wealth protection
Yahoo Finance· 2026-02-26 12:00
Americans are also concerned about the effects of tariffs on their wallets. Though the One Big Beautiful Bill Act is poised to boost tax refunds this year, the Tax Foundation estimates that for middle-income households, tariffs will erase 70% to 95% of those gains. For lower-income tax filers, the situation is even worse (4).Since 2020, costs have soared — the price of groceries is up 30%, electricity has risen 41% and car repairs have skyrocketed 63%. And while average weekly wages have risen 31% over the ...
Piraeus Bank S.A.: Full Year 2025 Financial Results
Businesswire· 2026-02-26 10:25
Financial Performance - Piraeus Bank reported a total capital ratio of 18.7%, with a CET1 ratio of 12.7% and MREL at 29.0%, indicating a buffer of approximately 275 basis points above P2G and 165 basis points above the requirement [1][1][1] - The bank achieved a net revenue of €2.7 billion, with revenues from services increasing by 7% and net interest income (NII) showing a quarter-on-quarter increase [1][1][1] - The bank's earnings per share (EPS) reached €0.82, surpassing the guidance of €0.80 for the year, and reported a normalized profit of €1.2 billion [1][1][1] Asset Management and Growth - Piraeus Bank experienced a 27% year-over-year increase in assets under management (AuM), totaling €14.5 billion, with net inflows of €1.5 billion in 2025 [1][1][1] - The bank reported a net credit expansion of €3.9 billion, leading to an 11% year-over-year loan growth, while maintaining pricing discipline [1][1][1] Dividend and Shareholder Returns - The bank announced a cash dividend of €0.40 per share, in addition to a €100 million share buyback executed in Q4, resulting in a total distribution of €592 million for 2025, equating to a 7% total yield [1][1][1] Efficiency and Cost Management - Piraeus Bank achieved a cost-to-core income ratio of 33%, reflecting best-in-class efficiency despite inflation and ongoing investments [1][1][1] - The bank's organic cost of risk (CoR) was reported at 52 basis points, with a non-performing exposure (NPE) ratio of 2.0% and NPE coverage increasing to 73% from 65% a year ago [1][1][1]
Sensex, Nifty off to a positive start as IT stocks spark surge
The Economic Times· 2026-02-26 03:58
Sensex rose 143 points to open at 82,418.78 today, while the Nifty 50 index gained around 74 points to 25,556.30.Top gainers and losersIT stocks, including Infosys, Tata Consultancy Services (UltraTech Cement, Axis Bank, Live EventsDespite the uptrend in stock markets today, analysts advise caution. Ajit Mishra, SVP of Research at Global marketsUS stock markets ended higher on Wednesday after The S&P Software & Services index jumped 2.9%. NVIDIA shares jumped around 3%, while Microsoft shares gained over 2 ...
Trump insists trade deals safe after Supreme Court ruling upends tariff authority, but partners aren't so sure
CNBC· 2026-02-26 02:28
President Donald Trump walks past Supreme Court Chief Justice John Roberts, Associate Justice Elena Kagan, Associate Justice Brent Kavanaugh and Associate Justice Mary Coney Barrett as he arrives for the State of the Union address during a Joint Session of Congress at the U.S. Capitol on Feb. 24, 2026, in Washington, D.C.Win Mcnamee | Getty Images News | Getty ImagesPresident Donald Trump defended his tariff agenda during his State of the Union address Tuesday, even as a Supreme Court ruling striking down h ...
Small Cap Bargains in Brazil
Daily Reckoning· 2026-02-25 23:00
Small Cap Bargains in BrazilIt has been exactly 1 year since I wrote our first bullish piece on Brazil.The thesis is working out well so far.The Brazilian ETF we like (EWZ) is up 54% over the past 12 months.And in January, Brazil got a huge endorsement from hedge fund legend Stanley Druckenmiller. Via Yahoo Finance:Billionaire investor Stanley Druckenmiller’s investment firm built a substantial position in Brazilian stocks just before a major market rally in January.Duquesne Family Office acquired approxima ...
'Follow the leverage' to find risks: CIO says AI stocks still trading at premiums despite correction
Youtube· 2026-02-25 23:00
Group 1 - The current leverage in the market, particularly in private equity and private credit, is a significant concern for future risks [1] - The software sector has been notably affected by leverage, with 17% of Blue Owl Capital's loan book allocated to this sector, which is trading at a 170% premium to the S&P 500 despite recent corrections [2] - There are growing concerns about the Asian market, particularly in Korea and Taiwan, as it has become nonlinear recently [3] Group 2 - The halt on redemptions at Blue Owl Capital's retail credit fund may signal potential risks, drawing parallels to events leading up to the 2008 financial crisis [4] - Historical parallels are noted with the collapse of New Century Financial in April 2007 and subsequent fund closures by BNP, leading to the failures of Lehman Brothers and Bear Stearns [5] - The ongoing capex boom in AI among US mega-cap tech companies raises questions about the return on investment, with potential implications for the supply chain in Asia if there is a moderation in spending [6]
Metropolitan Bank Holding Corp. Launches Public Offering of Common Stock
Businesswire· 2026-02-25 21:47
Core Viewpoint - Metropolitan Bank Holding Corp. has launched a public offering of $175.0 million of common stock to support its growth initiatives and general corporate purposes [1] Group 1: Public Offering Details - The company is offering $175.0 million in common stock and may grant underwriters a 30-day option to purchase an additional 15% of the shares sold [1] - The offering is subject to market conditions, and there is no assurance regarding its completion or terms [1] - Proceeds from the offering will be used for organic growth initiatives, investments in the Bank, working capital, and general corporate purposes [1] Group 2: Company Background - Metropolitan Bank Holding Corp. is the parent company of Metropolitan Commercial Bank, a full-service commercial bank based in New York City [1] - The Bank provides a wide range of banking products and services to individuals, small businesses, and corporate enterprises [1] - The Bank has received accolades, including being named one of Newsweek's Best Regional Banks in 2024 and 2025, and ranked as a top ten loan producer among commercial banks with over $1 billion in assets [1] Group 3: Financial Performance - For the fourth quarter of 2025, the company reported net income of $28.9 million, or $2.77 per diluted common share, compared to $7.1 million, or $0.67 per diluted common share, in the third quarter of 2025 [2] - The fourth quarter 2025 net income also shows an increase from $21.4 million, or $1.88 per diluted common share, in the fourth quarter of 2024 [2] Group 4: Dividend Announcement - The company declared a quarterly cash dividend of $0.20 per share, an increase of $0.05 from the previous dividend of $0.15 per share [3] - The dividend is payable on February 6, 2026, to shareholders of record as of January 27, 2026 [3]
These Flawed Arguments Can Be Especially Misguiding In 2026
Seeking Alpha· 2026-02-25 21:34
Join for a 100% Risk-Free trial and see if our proven method can help you too. You do not need to pay for the costly lessons from the market itself.With all equity indices (ranging from large-cap, such as DJI , SP500 , and NASDAQ, to small-cap RTY ) hovering around record levels in 2026, these following charts (or some other variationsSensor Unlimited is an economist by training with a PhD, with a focus on financial economics. She is a quantitative modeler and for the past decade she has been covering the m ...
FAA issues directive to address Boeing 737 circuit breaker issue
Reuters· 2026-02-25 21:16
FAA issues directive to address Boeing 737 circuit breaker issue | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Boeing logo is seen in this illustration taken July 26, 2025. REUTERS/Dado Ruvic/Illustration [Purchase Licensing Rights, opens new tab]WASHINGTON, Feb 25 (Reuters) - The Federal Aviation Administration said on Wednesday it has issued an airworthiness directive for all Boeing [(BA.N), opens new tab] 737 MAX 8, and 8200 a ...
Fintech Chime sees 2026 revenue above estimates on strong demand, shares surge
Reuters· 2026-02-25 21:11
Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Fintech Chime sees 2026 revenue above estimates on strong demand, shares surge February 25, 20269:11 PM UTCUpdated ago By Manya Saini Chime logo in this illustration taken November 27, 2025. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab Feb 25 (Reuters) - Financial technology firm Chime (CHYM.O), opens new tab forecast 2026 revenue above Wall Street estimates on Wedn ...