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U.S. Oil Slumps as Confidence Falls, Trump Adds to Demand Woes

Oil prices plunge along with stock markets as US consumer confidence plummets amid concerns over trade, economic growth, and energy demand.

Tesla Safety Agency Faces Job Cuts Amid Government Efficiency Drive

Tesla, NHTSA Clash Over Safety Cuts

Apollo, Irradiant Merger Creates CLO Manager With $38 Billion

Apollo Global Management's Redding Ridge Asset Management to Acquire Irradiant Partners, boosting its CLO assets to $38 billion.

Europe's Defense Industry Surges as Continent Rethinks Reliance on US

Europe's defense spending surge amid US uncertainty fuels investor interest in defense stocks. The STOXX Europe Total Market Aerospace & Defense index has reached an all-time high, with companies like Rheinmetall, Thales, and Leonardo seeing significant gains. Investors anticipate increased revenues as European countries ramp up military spending to enhance their security.

Insulet Tops Q4 Earnings and Revenue Estimates

Insulet Corp. (PODD) reported fourth-quarter profit of $100.7 million, or $1.39 per share, beating analyst estimates of $1.05 per share. Revenue was $597.5 million, also topping forecasts.

Gaming and Leisure Properties Tops Q4 Funds-From-Operations Estimates

Gaming and Leisure Properties Inc. (GLPI) reported Q4 FFO of $0.95 per share, beating the Zacks Consensus Estimate of $0.94.

Stock Futures Drop as Walmart Outlook, Trump Policies Weigh

US stock futures retreated Thursday as investors digested Walmart earnings, weighed the impact of potential tariffs and President Trump's policy moves, and sought safety in gold due to geopolitical tensions.

TransAlta Reports Fourth-Quarter Loss

TransAlta Corp. (TAC) reported a Q4 loss of $46.5 million, or 16 cents per share, on revenue of $484.6 million. For the year, the company reported profit of $129.2 million, or 43 cents per share, on revenue of $2.08 billion.

Enviri (NVRI) Q4 Earnings Miss Revenue Estimates, Posts Wider Loss

Enviri (NYSE:NVRI) reports $558.7 million in Q4 revenue, missing estimates. Non-GAAP loss per share of $0.04 beats consensus but is still above expectations. Adjusted EBITDA of $70.2 million misses estimates.

Short Sellers Get Crushed: $73 Billion Lost in 2025

Short sellers have lost $73 billion betting against US and Canadian stocks, as the S&P 500 has risen 4% and many companies have soared higher due to short squeezes.