Key Takeaways HTGC's Q4 NII of 48 cents met estimates but slipped 2% y/y as expenses climbed.HTGC posted 12.8% higher Q4 investment income, topping estimates, while expenses jumped 26.3%.Hercules Capital ended 2025 with a $4.47B portfolio value and $1.1B in new commitments.Hercules Capital Inc.’s (HTGC)  fourth-quarter 2025 net investment income of 48 cents per share met the Zacks Consensus Estimate. The bottom line, however, declined 2% from the year-ago quarter.Results were primarily aided by an increase ...

Providence, Rhode Island-based Textron Inc. (TXT) operates in the aircraft, defense, industrial, and finance businesses worldwide. With a market cap of $17.1 billion, the company operates in six segments: Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance. Shares of this multi-industry company have outperformed the broader market over the past year. TXT has surged 35.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 12.9%. In 2026, TXT stoc ...

Core Viewpoint - The rise of AI technologies, such as Seedance 2.0, is causing anxiety in various industries, including film, as it raises concerns about job displacement and changing work standards [1][10]. Group 1: Job Landscape Changes - There is a common misconception that AI is replacing jobs; however, many layoffs are due to post-pandemic adjustments rather than AI capabilities [3]. - AI can cover 30% to 40% of standardized tasks, leaving 60% to 70% still requiring human involvement, which highlights the importance of adapting to new work standards [4][7]. - The ability to utilize AI effectively creates a significant efficiency gap between those who can and those who cannot [5][9]. Group 2: Skill and Decision-Making Shifts - The demand for decision-making skills has increased, as AI accelerates execution but does not enhance decision-making speed [15][18]. - The ratio of engineers to product managers in Silicon Valley has shifted dramatically from 8:1 to as low as 1:1, indicating a change in bottlenecks from execution to decision-making [13][14]. - Skills that were once valuable, such as memorizing complex syntax, are becoming less important as AI can perform these tasks more accurately [16]. Group 3: Organizational Transformation - Many companies struggle with AI transformation because they focus on local optimizations rather than rethinking entire processes [20][21]. - Successful organizations are those that redefine their product offerings and service paths around AI capabilities, rather than merely using AI as an efficiency tool [22][23]. - The challenge lies in overcoming resistance from leadership, who may fear that AI implementation signals impending layoffs [25]. Group 4: Future of Work - The nature of work is evolving, with individuals now expected to manage entire processes with the assistance of AI [28][32]. - The difficulty in finding jobs stems from outdated methods that no longer meet current expectations [29][30].

Morgan Stanley is delivering a decisive message to investors: the bull market is broadening, and the next big move isn't in mega-cap tech. While Chief Strategist Mike Wilson remains constructive on the "AI enabler" complex, he is signaling a major transition toward under-owned small-cap sectors. In a research note shared with TheStreet, Wilson identifies a "pause that refreshes" for big tech, creating a clear opening for the Russell 2000 to lead. As the U.S. economic "gas pedal" stays down with a 2.6% GDP ...

U.S. equities are experiencing a mixed trading session this Tuesday, February 10, 2026, as investors navigate a fresh batch of corporate earnings and keep a close eye on upcoming economic indicators that could influence the Federal Reserve's monetary policy path. Afternoon trading activity reflects a cautious sentiment, with major indexes showing slight movements following earlier mixed signals.Major Market Indexes in Afternoon TradingAs of late-morning trading, the Dow Jones Industrial Average (DJIA) was u ...

SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) ("Hercules†or the "Company†), today announced that it has closed an underwritten public offering of $300.0 million in aggregate principal amount of 5.350% notes due February 2029 (the "Notes†). The Notes are unsecured and bear interest at a rate of 5.350% per year, payable semiannually, will mature on February 10, 2029 and may be redeemed in whole or in part at any time or from time to time at the Company's option at par,. ...

证券研究报告 | 金融工程 2026 年 2 月 10 日 国内强化碳管理与绿色金融，海外气候政策持续调整 ——ESG 市场观察周报（20260209） 1、要闻速览：国内强化碳管理与绿色金融，海外气候政策持续调整 国内方面，国管局明确以碳排放考核为抓手推进公共机构绿色转型，完善碳排 放"双控"、核算标准及节能改造与数字化管理。央行部署 2026 年信贷工作，围绕科 技、绿色、普惠等"五篇大文章"加大对实体经济支持，并继续推进地方融资平台风险 化解。工信部等四部门发布第三批工业产品碳足迹标准，新增 73 项规则，覆盖光 伏、电池等重点产业链。 国际方面，加拿大取消车企零排放销售强制目标，转向更严格排放标准与补贴 激励；美国得州法院裁定针对"抵制化石能源"的金融机构黑名单法违宪；荷兰将加强 可持续宣传监管以遏制"漂绿"；欧盟推出首套碳移除认证标准，为相关技术建立统一 规则。 2、市场动向： ESG 指数分化运行，碳价小幅回落、资金流出趋缓 最近一周国内代表性 ESG 主题指数多数走弱，300ESG 与 SEEE 碳中和指数 分别下跌 1.12%和 1.25%，上证社会责任指数逆势微涨 0.14%。海外方面，标普 ...

2026年以来，针对"失联""空壳"地方金融组织的清理整顿正在持续进行。 2月3日，海南省地方金融管理局发布《关于注销2家融资担保公司融资担保业务经营许可的公告》。 《金融时报》记者注意到，海南省信诚融资担保有限公司、海南信联盛融资担保有限公司琼海分公司两 家机构的融资担保业务经营许可被注销。 同日，海南省地方金融管理局发布《关于注销3家小额贷款公司业务资质的公告》，海南中城建小额贷 款有限责任公司、三亚众投创和小额贷款有限责任公司、海南罗牛山（000735）开源小额贷款有限公司 自愿退出小额贷款行业，并已交回其所持有的小额贷款公司经营资质证。 海南的密集动作不是个案。记者注意到，近年来各地金融管理部门主动亮剑，通过注销经营许可证等方 式，坚决清退行业"僵尸主体"，其中包括小额贷款公司及融资担保公司。 近年来持续清退 从融资担保公司的清退来看，2025年以来，成渝地区和珠三角地区吊销融资担保牌照的担保机构数量较 多，长三角地区次之。以成渝地区为例，2025年四川发布"失联""空壳"地方金融组织名单累计3次，累 计清退融资担保机构近40家；据记者不完全梳理发现，重庆在2025年总计清退融资担保公司达21家。 从 ...

Core Viewpoint - A class action lawsuit has been filed against SLM Corporation (Sallie Mae) on behalf of investors who acquired its securities during the specified Class Period, alleging misleading information regarding loan delinquencies [1][3]. Group 1: Lawsuit Details - The lawsuit claims that during the Class Period from July 25, 2025, to August 14, 2025, Sallie Mae misled investors about the state of its loan delinquencies, asserting that increases were typical seasonal patterns while downplaying the severity of the situation [3]. - Investors became aware of the true condition of Sallie Mae's loan portfolio following a report from TD Cowen on August 14, 2025, which indicated a 49-basis-point month-over-month increase in delinquencies for July, surpassing seasonal norms [4]. - Following the revelation of this information, Sallie Mae's stock price fell by $2.67 per share, or 8.09%, closing at $30.32 on August 15, 2025 [4]. Group 2: Investor Information - Investors who purchased Sallie Mae securities during the Class Period have until February 17, 2026, to seek appointment as lead plaintiff representatives of the class [2].

Core Insights - Orix Corp reported a net income of JPY 389.7 billion for the nine months ended December 31, 2025, marking an increase of JPY 117.9 billion year-over-year, representing 89% of the revised full-year forecast of JPY 440 billion [2] Financial Performance - Pre-tax profit for the nine-month period was JPY 567.7 billion, up JPY 184.3 billion year-over-year, with profits increasing across all three categories: finance, operation, and investments, particularly strong in the investments category [3] Shareholder Returns and Buyback Progress - Orix expanded its share buyback program to JPY 150 billion, with JPY 128.1 billion completed by the end of January, achieving an 85% progress rate [4] - The company aims for a full-year payout ratio of 39% of net income per share, translating to approximately JPY 153 per share based on the JPY 440 billion net income forecast [5] Segment Performance Highlights - Finance segment profit increased 8% year-over-year to JPY 145.5 billion, attributed to growth in investment income and higher finance revenues in Australia and Asia excluding Greater China [6] - Operation segment profit rose 17% to JPY 189.5 billion, supported by gains from partial sales of shares in Canara Robeco and improvements in airport concessions and real estate operations [7]