Lucy Baldwin, head of research at Citi Global, sees an interest rate cut from the Federal Reserve in December “and then a couple more cuts next year,” setting up a broadening in US and global stock market performance. (Source: Bloomberg)
https://www.bloomberg.com/news/videos/2025-11-17/citi-s-baldwin-sees-labor-weak-enough-for-december-fed-cut
A strategic shift in energy sourcing.
https://www.bloomberg.com/news/newsletters/2025-11-17/india-s-first-long-term-us-lpg-deal-boosts-energy-security-and-trade-ties
A former machinist for New Hampshire-based gun manufacturer Sig Sauer is facing federal wire fraud and firearms charges after allegedly using his employee discount to purchase and then resell guns without a license. Federal prosecutors say Patrick Goulet, 34, of Manchester, used his employee discount to purchase guns and accessories. He also used the names of fellow co-workers to acquire additional Sig Sauer products at steep discounts, before reselling the weapons online, authorities allege in court records. Between August 2021 and June 2024, the Bureau of Alcohol, Firearms and Tobacco alleges Goulet sold several hundred guns to customers nationwide, though he did not have a license to deal firearms. Goulet’s attorney did not immediately respond to a request for comment. On Friday, he made an initial court appearance, and entered a not guilty plea. Goulet was released pending trial, and ordered to remove all firearms and ammunition from his home. According to court filings, Goulet worked as a machinist at Sig Sauer, which has its headquarters in Newington, until he was fired by the company in 2023. The gunmaker offers its employees deep discounts on a limited number of firearms. “However, the manufacturer prohibited its employees from selling or otherwise using the discount for personal profit,” the U. S. Attorney’s office said. “Goulet used social media platforms such as Facebook to locate persons interested in buying discounted firearms.” The indictment includes records of four transactions in which Goulet allegedly sold pistols and rifles to customers in Washington, Texas, Tennessee and Florida, and received payment through Venmo.
https://www.nhpr.org/nh-news/2025-11-17/former-sig-sauer-employee-indicted-for-reselling-hundreds-of-guns-bought-with-company-discount
TLDR CoreWeave stock fell nearly 30% over five trading days after cutting 2025 revenue guidance from $5. 25 billion to $5. 1 billion The company reported a backlog of $55. 6 billion in Q3, up 85% from the prior quarter, including major contracts with OpenAI and Meta Despite the pullback, shares remain up over 108% year-to-date on strong AI computing demand Wall Street remains divided with 13 Buy, 12 Hold, and 1 Sell rating among 26 analysts covering the stock CoreWeave faces profitability challenges with slim 4% operating margins and negative $8 billion free cash flow over the last 12 months 💥 Find the Next KnockoutStock! Get live prices, charts, and KO Scores from KnockoutStocks. com, the data-driven platform ranking every stock by quality and breakout potential. CoreWeave stock took a beating this week. Shares dropped nearly 30% over five trading days after the AI cloud infrastructure company lowered its 2025 revenue outlook during its latest earnings call. CoreWeave, Inc. Class A Common Stock, CRWV The company now expects $5. 1 billion in revenue for 2025. That’s down from its previous guidance of $5. 25 billion. Management blamed delays at a key data center and compute supply constraints for the cut. The stock traded below $80 this week. That’s getting closer to its March 2025 IPO price of $40. Despite the recent drop, CoreWeave shares are still up more than 108% year-to-date. The company reported Q3 revenue of $1. 36 billion. That’s more than double what it brought in a year ago. But revenue growth alone isn’t telling the whole story. CoreWeave is burning through cash at a rapid pace. The company posted negative $8 billion in free cash flow over the last 12 months. That massive burn rate comes as the company builds out AI data centers to meet future demand. The profitability picture isn’t pretty either. CoreWeave’s operating margin came in at just 4% in Q3. A large interest expense on its debt pile pushed net income into negative territory. Strong Backlog But Margin Questions Remain The company’s backlog tells a different story. CoreWeave reported $55. 6 billion in contracted revenue in Q3. That’s up 85% from the prior quarter. Major tech companies are locking in capacity for years. OpenAI has committed $22. 4 billion in contracts. Meta signed a $14. 2 billion deal running through 2031. Nvidia owns about 7% of CoreWeave. The chip giant also agreed to a $6. 3 billion capacity guarantee through 2032. This ensures unused GPUs still generate revenue. CoreWeave continues to sign new customers. Recent wins include CrowdStrike, Rakuten, Poolside, and Jasper. The demand for AI cloud services remains strong across the board. But here’s the catch. Some analysts think CoreWeave is winning contracts by undercutting competitors on price. That would explain the slim margins. Wall Street Split on Next Move Compass Point analyst Michael Donovan started coverage with a Buy rating and $150 price target. He pointed to the massive backlog and Nvidia’s support as key strengths. Those contracts provide visibility for several years of growth. J. P. Morgan analyst Mark Murphy took a different view. He downgraded the stock from Buy to Hold. His $110 price target suggests only modest upside from current levels. Murphy noted that supply issues caused project delays. Some revenue got pushed into later quarters. But he acknowledged the company keeps adding new customers. Among 26 Wall Street analysts, 13 rate the stock a Buy. Another 12 have Hold ratings. One analyst recommends selling. The average price target sits at $146. 17, implying 89% upside from current levels. CoreWeave now carries a market cap of around $39 billion. The company has taken on debt to fund its rapid infrastructure buildout. That debt comes with growing interest expenses that eat into already thin margins. The guidance cut appears to be priced into the stock after this week’s selloff. Whether investors see this as a buying opportunity or a warning sign depends on their view of CoreWeave’s ability to improve profitability while maintaining growth.
https://coincentral.com/coreweave-crwv-stock-drops-30-despite-winning-major-contracts-from-openai-and-meta/
Seattle Kraken (9-4-5, Pacific Division) vs. Detroit Red Wings (11-7-1, Atlantic Division)
Detroit; Tuesday, 7 p.m. EST
**BOTTOM LINE:**
The Seattle Kraken visit the Detroit Red Wings following a strong performance from Jaden Schwartz, who scored two goals in the Kraken’s recent 4-1 victory over the San Jose Sharks. Detroit holds an 11-7-1 overall record and is 6-3-1 at home. The Red Wings have a -4 scoring differential, with 56 goals scored and 60 conceded.
Seattle stands at 9-4-5 overall and 3-3-2 on the road. The Kraken are undefeated (8-0-3) in games where they score three or more goals.
Tuesday’s game marks the first meeting between these two teams this season.
**TOP PERFORMERS:**
– Dylan Larkin leads the Red Wings with 11 goals and 12 assists.
– Alex DeBrincat has been hot recently, with eight goals and five assists over the past 10 games.
– For the Kraken, Jaden Schwartz has contributed seven goals and seven assists.
– Jordan Eberle has tallied five goals and two assists over his last 10 games.
**LAST 10 GAMES PERFORMANCE:**
– *Red Wings*: 5-4-1, averaging 2.6 goals, 4.8 assists, 3.7 penalties, and 9.6 penalty minutes per game, while giving up 2.9 goals per game.
– *Kraken*: 5-2-3, averaging 2.7 goals, 5 assists, 3.3 penalties, and 6.6 penalty minutes per game, while allowing 2.6 goals per game.
**INJURIES:**
– *Red Wings*: None listed.
– *Kraken*: None listed.
The matchup Tuesday evening promises a competitive battle as Seattle aims to continue its recent success on the road against a motivated Detroit squad on home ice.
https://sports.yahoo.com/article/seattle-visits-detroit-schwartzs-2-091115795.html
**FPA Global Equity ETF Q3 2025 Commentary — November 17, 2025**
*Published at 4:15 AM*
—
**Overview of Performance**
The FPA Global Equity ETF (FPAG) delivered a strong performance in the third quarter of 2025, with a net gain of **5.70%**. Over the trailing twelve months, the ETF’s return was nearly double, at **19.94%**.
In the past year, FPAG captured approximately **106.0%** of the MSCI ACWI’s return, highlighting its active management and selective investment approach.
—
**Top Performers and Sector Insights**
The ETF’s top five contributors added a combined **5.94%** to its quarterly return and **11.17%** to its twelve-month performance. Among these, **International Flavors & Fragrances** stands out as a leading producer of ingredients used across food, beverage, personal care, health, and household products industries.
Looking at sector allocations based on GICS classifications, the fund’s largest sectors as of this period are:
– **Communication Services:** 19.7%
– **Industrials:** 13.7%
– **Consumer Discretionary:** 12.4%
—
**Firm Background**
FPA is a Los Angeles-based institutional investment firm renowned for its disciplined value investing approach. The firm aims to generate superior long-term returns for its clients while prioritizing capital preservation.
—
**Contact and Additional Information**
For inquiries or further communication, please reach out through FPA’s official channels.
—
**Disclaimer:** This article was written by 31 followers. Please review all investment information carefully and consult with a financial advisor before making any investment decisions.
—
*Comments and discussions are encouraged. Stay informed with FPA’s latest insights and market analysis.*
https://seekingalpha.com/article/4844522-fpa-global-equity-etf-q3-2025-commentary?source=feed_all_articles
**Samsung Wallet and Agoda Partner to Enhance Travel Booking Experience for Galaxy Users**
Samsung Wallet and leading travel booking platform Agoda have announced a strategic partnership aimed at delivering enhanced benefits to Galaxy users in the United States and South Korea. This collaboration combines Samsung Wallet’s versatile digital platform with Agoda’s extensive travel services to simplify and secure the booking process.
Samsung Wallet is more than just a mobile payment solution—it serves as a comprehensive platform for managing digital assets, including car keys, digital IDs, and more. Through this partnership, users will be able to seamlessly manage their Agoda bookings directly within the Samsung Wallet app, streamlining travel organization like never before.
One of the key advantages for users is access to exclusive discounts and hotel deals. Within the “Benefits” tab of Samsung Wallet, users can explore Agoda’s best offers and enjoy up to an 8% discount on hotel bookings. This integration not only makes travel planning more economical but also keeps valuable deals conveniently at users’ fingertips.
Starting early next year, Samsung Wallet and Agoda will introduce a feature that automatically adds hotel and flight reservation details to Samsung Wallet. This innovation eliminates the hassle of printing out documents or downloading multiple apps from individual hotel brands and airlines. Instead, travelers can easily access their check-in information directly through Samsung Wallet, enhancing convenience and efficiency. This functionality will also be extended to users in the United Kingdom.
Both companies have committed to ongoing collaboration to develop further services that simplify travel planning and management within Samsung Wallet. By leveraging continuous technological innovation and coordinated marketing efforts, Samsung and Agoda aim to create a more integrated and user-friendly travel experience for Galaxy users worldwide.
Stay tuned for upcoming updates as Samsung Wallet and Agoda work together to revolutionize the way we travel.
https://www.sammobile.com/news/samsung-wallet-users-in-the-us-can-now-find-agodas-best-hotel-deals-in-the-app/
The Houston Texans continue to navigate the 2025 season without the services of Pro Bowl running back Joe Mixon. The former Cincinnati Bengals star recently weighed in again, this time following the Texans’ narrow 16-13 victory over the Tennessee Titans. Notably, the Texans were missing not only Mixon but also quarterback C.J. Stroud during the game. While Stroud is expected to return this season—possibly as soon as next week—Mixon’s future with the team remains uncertain.
### Joe Mixon Reacts After Texans’ Win
The Texans needed a late surge and a game-winning field goal to edge out the Titans. Backup quarterback Davis Mills guided the offense down the field during crunch time, stepping up in the absence of Stroud. The Texans’ backfield, however, sorely missed Mixon. Rookie fourth-round pick Woody Marks started at running back, leading the team in touches with 18 carries for 44 yards. Nick Chubb also contributed with three carries for 18 yards.
Despite missing Mixon, the Texans secured the win. Mixon, staying engaged with the team, posted a simple “W” on X (formerly Twitter) on November 16 to acknowledge the victory.
Mixon was expected to be a key component of the Texans’ offense in 2025, serving as a dual threat. He was envisioned as both a safety valve for Stroud in the passing game and a reliable weapon to manage the clock late in close contests. In 2024, Mixon rushed for 1,016 yards and 11 touchdowns, adding 36 receptions for 309 yards and one receiving touchdown.
### Injury Concerns and Impact on Texans’ Backfield
Mixon’s ongoing absence stems from a complicated foot and ankle injury—a recurring issue that has plagued his career. The Texans are feeling the impact of his absence in their rushing attack.
Although Mixon has remained involved with the team—sharing messages during and after games and appearing at a private event alongside wide receiver Tank Dell—the Texans reportedly do not expect him to return this season.
KPRC 2’s Aaron Wilson reported on November 13 that Mixon remains on the non-football injury list with a “tough and complicated” foot and ankle injury. Sources suggest this could sideline him for the entirety of the 2025 campaign.
### Future with the Texans: Uncertain
Mixon is signed with the Texans through the 2026 season on a three-year, $19.7 million contract. However, if his foot issues prevent a full recovery, his tenure with Houston could be in jeopardy.
Jonathan M. Alexander of The Houston Chronicle highlighted the possibility that the Texans might consider moving on from Mixon to save salary cap space. Releasing him could save the Texans approximately $8.5 million for the 2026 season, according to Over the Cap, as none of his 2026 salary is guaranteed.
### Texans GM Nick Caserio’s Update: Still Waiting
Texans General Manager Nick Caserio initially set an estimated timeline of three to four weeks for an update on Mixon’s status back in early October. That timeline has passed with no substantial news.
Speaking to Texans reporters on October 7, Caserio said, “I think, probably over the next few weeks, we’ll probably have a better idea. He’s making progress. So, I wouldn’t put a particular timetable on it. Kind of see how he’s progressing. But taking one day at a time. But I think once we kind of get to that period, probably have a better sense of which way it’s going to go for the duration of the year.”
However, the lack of updates, combined with Mixon’s absence at team activities, has cast a shadow over his status.
Alexander expressed concerns in October, writing, “All of those things would lead me to believe that Mixon has a very serious injury to either his foot or ankle. One league source I spoke to a month ago had doubts about whether he’ll return this season. And those doubts have not changed.”
He continued, “There was a glimmer of hope that his foot would respond to treatment and change the prognosis. Of all the people I’ve spoken with about this, there is no one who has told me they expect him to return this season. And if he was, someone would tell me.”
### Conclusion
As the Texans push forward in the 2025 season, all eyes remain on the status of Joe Mixon. While the team copes without their star running back, the uncertainty surrounding his recovery and future with Houston adds extra intrigue to the remainder of the season. For now, the Texans’ backfield will continue to rely on emerging talent and depth players as they await further updates from their medical and management teams.
https://heavy.com/sports/nfl/houston-texans/mixon-message-injury-update-titans/
**Guggenheim Municipal Income Fund (Institutional Class) – Q3 Performance Summary**
Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners, specializing in fixed income, equity, and alternative strategies.
—
**Third Quarter Performance**
The Guggenheim Municipal Income Fund (Institutional Class) returned 3.5% for the third quarter, outperforming its benchmark, the Bloomberg Municipal Bond Index, by 0.5%. This solid performance reflects the fund’s strategic positioning and active management.
—
**Market Overview**
Municipal to Treasury yield ratios have compressed following the recent rally in the markets. Additionally, U.S. economic growth regained momentum after a period of deceleration earlier this year. This improvement has been supported by a recovery in consumer spending and robust investment in artificial intelligence.
—
**Performance Contributors**
Among the fund’s largest sector weights, school districts, general purpose, and housing bonds were key contributors to the positive performance this quarter. These sectors benefited from favorable market conditions and strong underlying fundamentals.
—
**Contact Information**
For further inquiries or communication, please reach out through Guggenheim Investments’ official channels.
—
*Stay tuned for more updates and insights from Guggenheim Investments.*
https://seekingalpha.com/article/4844492-guggenheim-municipal-income-fund-q3-2025-commentary?source=feed_all_articles
Former India spinner Ravichandran Ashwin has questioned the team management’s long-term strategy after naming Washington Sundar at No. 3, sidelining Sai Sudharsan during the first Test against South Africa at Eden Gardens in Kolkata. The Men in Blue took an unorthodox approach by including four spinners, with an all-rounder batting at No. 3, while the left-handed batter was once again benched.
Team India has been grappling with the No. 3 spot during this transition phase but has yet to settle on a reliable choice or provide a consistent run for any candidate. Karun Nair and Sai Sudharsan were tried in the top order during the 2025 Anderson-Tendulkar Trophy. Sudharsan had been locked in for the home series against the West Indies. Despite recording a promising 87 in the second Test against Roston Chase and company in Delhi, Sudharsan found himself dropped from the playing XI once again. Previously, he was excluded just after his debut at Headingley, Leeds, against England.
Ashwin expressed concern that the lack of consistent opportunities could undermine players’ confidence. Speaking on his YouTube channel, he said, “I’m really worried for Sai Sudharsan, he is a good player. What would he be thinking after being dropped? I always feel that four spinners is too many to have in a team. Washington Sundar did not even bowl in the second innings. You play four spinners, then you don’t give a single over to one of them. These are all going to play into the confidence of the players.”
He added, “I know that in a T20I you tend to go with all-rounders, but specialists will work in Tests. In many ways, to create a lot of stability without insecurity, and giving people their roles are extremely crucial. These are crucial WTC points. India were looking prime to be in the final, because even Gill said at the toss that he will win one directly in the final. But we have to reach there first, and this match is a huge blow for that.”
Ashwin urged the team management to finalize their choice for the No. 3 batter and avoid changing it based on conditions. “He (Sundar) has the ability. But whether it is the right decision, only time can answer. We can speak about it and dissect it after a loss, but we have to give him time. I really think Sai Sudharsan has a good future. If we are to build the team around a No. 3, you need a No. 3 for that. See the batters that have played at No. 3, and there is stability required. If you are taking the Washington Sundar route, I hope you stick with Washi for a few years. The decision for the No. 3 batter cannot be fleeting, depending on the conditions,” he elaborated.
Washington Sundar delivered a decent performance on his maiden outing at No. 3 on a challenging wicket, scoring 29 and 31 in the first and second innings respectively. However, he bowled only one over throughout the match.
**India urged to focus on preparation ahead of second Test**
With a crucial second Test against South Africa looming, Team India faces multiple challenges. Shubman Gill’s injury and unavailability, along with the batters’ ongoing struggles against spin, have added to concerns as the hosts aim to avoid a second consecutive home series loss within 12 months.
Ravichandran Ashwin advised the Indian team to concentrate on preparation and building confidence rather than obsessing over pitch behavior. “The pressure is now all on India. If I am sitting in the South Africa dressing room, I will start looking downwards from now itself because there will be no bounce in Guwahati, and I will also be going in with a lot of smiles. India will be burning the midnight oil now. They will already be thinking about what wicket to prepare, what combination to play. I would say forget about the pitch, and focus on the practice and confidence. If we do that, I think we will come out okay. But if we continue to obsess over the pitch, I think we are in for another trouble-filled Test,” Ashwin concluded.
The second Test between India and South Africa will begin on Saturday, November 22, at the Barsapara Stadium in Guwahati. This match will mark the first time the venue hosts an international red-ball game.
https://www.sportskeeda.com/cricket/news-i-m-really-worried-sai-sudharsan-indian-legend-s-huge-statement-team-selection-ind-vs-sa-2025-1st-test
