Wall Street had a rough start to the week on concern that a cheaper artificial intelligence-model from China could threaten the dominance of US technology, spurring a selloff in stocks and a flight to haven assets. From New York to London and Tokyo, equities got hammered, with the S&P 500 dropping 1.9% and the Nasdaq 100 down 3.1%.
M2i Global (OTC:MTWO) has welcomed US President Donald Trump's signing of the executive order “Unleashing American Energy,” which it believes will accelerate its efforts to build a global supply chain for critical minerals. The order, signed on January 20, aims to significantly enhance domestic energy production and reduce regulatory barriers in the US energy sector.
The payments industry boomed in 2020-2022 but has since struggled, with payment stocks suffering due to stalled growth. Global Payments has aggressively repurchased shares and plans to return $7.5 billion to shareholders over the next three years. I don't see a hard catalyst in 2025, but there is a clear value case here and the buyback will help build support for the share price.
Google is reportedly planning a global push to train workers on artificial intelligence (AI). It's part of a broader effort by the tech giant to shape policies and perceptions ahead of an uptick in AI regulation, Reuters reported Saturday (Jan. 25).
Global Medical REIT primarily invests in outpatient medical facilities, with the company's largest markets being Texas, Florida, and Ohio. The REIT should generate marginally higher AFFO in 2025 thanks to rent indexation, fading impact from the Steward Health Care bankruptcy, and portfolio growth. The company's debt is 81% fixed-rate at 3.18%, but low average maturity implies rising interest costs will weigh on AFFO growth in 2025-2026.
Shares of liquefied natural gas (LNG) exporter Venture Global, Inc. began trading on the New York Stock Exchange Friday following the launch of an initial public offering valued at $1.75 billion. Thursday's IPO included the offering of 70 million shares of Class A common stock at an initial price of $25 per share.
Seven IPOs and one SPAC priced this past week, as more sizable issuers filed to go public in the US. Five other very small and primarily China-based issuers also listed in the US this past week, spanning software, advertising, and industrial services. Four IPOs and one SPAC are currently scheduled to list in the week ahead.
Update Friday, 3:30 p.m.
Michelle Giuda, CEO of the Krach Institute for Tech Diplomacy at Purdue, details the rise of private sector tech investments in the US as President Donald Trump's AI initiatives spark further global tech competition. She joins Caroline Hyde and Mike Shepard on "Bloomberg Technology" to discuss.
Pete Giacchi, Citadel Securities, joins 'Money Movers' to discuss Venture Global's initial public offering, the biggest IPO since July 2024.
CNBC's Pippa Stevens reports on the latest regarding Venture Global.
Mike Sabel, Venture Global CEO, joins 'Squawk on the Street' to discuss the company's business, the arbitration Venture Global is in with clients, and much more.