The CBoT will open back up this morning at 8:30 am CST. Soybean futures were in a jolly mood leading into the Christmas break, with contracts 11 to 14 cents higher. Open interest was down 4,814 contracts on Wednesday, suggesting some short covering. The cmdtyView national average Cash Bean price was 11 3/4 cents higher at $9.92 3/4. Soymeal futures posted gains of $3 to $3.80 on Wednesday, as Soy Oil futures were up 65 to 74 points. USDA has export sale commitments for soybeans at 25.778 MMT, which is do ...

Impax Asset Management, an investment management company, released its “Impax Global Environmental Markets Fund” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. Global equities saw strong gains in Q3 2025, driven by solid macroeconomic conditions, rising corporate earnings, fiscal stimulus, and banking deregulation. However, the focus on hypergrowth, cyclical, and value stocks posed challenges for quality-focused investors, leading to increased market concentration. The port ...

Impax Asset Management, an investment management company, released its “Impax Global Environmental Markets Fund” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. Global equities saw strong gains in Q3 2025, driven by solid macroeconomic conditions, rising corporate earnings, fiscal stimulus, and banking deregulation. However, the focus on hypergrowth, cyclical, and value stocks posed challenges for quality-focused investors, leading to increased market concentration. The port ...

When it comes to spending in retirement, financial advisers and investment experts have long clung to the golden 4% rule as gospel — that retirees can safely withdraw 4% of their retirement account in the first year, and adjust that percentage for inflation annually, providing adequate income for about 30 years. However, the rule now appears to be approaching its own retirement. That’s according to William Bengen, the financial planner who popularized the rule back in 1994. In a September 2025 interview ...

Harbor Funds, an investment management company, released its Q3 2025 investor letter for “Harbor Mid Cap Fund”. A copy of the letter can be downloaded here. The Harbor Mid Cap Fund primarily focuses on investing in equity securities, targeting common and preferred stocks of mid-sized U.S. companies. Global equities rebounded strongly in the third quarter, fueled by inflation easing, resilient economic data, and some of the most disruptive trade measures were eased or postponed. The fund returned 4.19% in t ...

Harbor Funds, an investment management company, released its Q3 2025 investor letter for “Harbor Mid Cap Fund”. A copy of the letter can be downloaded here. The Harbor Mid Cap Fund primarily focuses on investing in equity securities, targeting common and preferred stocks of mid-sized U.S. companies. Global equities rebounded strongly in the third quarter, fueled by inflation easing, resilient economic data, and some of the most disruptive trade measures were eased or postponed. The fund returned 4.19% in t ...

Harbor Funds, an investment management company, released its Q3 2025 investor letter for “Harbor Mid Cap Fund”. A copy of the letter can be downloaded here. The Harbor Mid Cap Fund primarily focuses on investing in equity securities, targeting common and preferred stocks of mid-sized U.S. companies. Global equities rebounded strongly in the third quarter, fueled by inflation easing, resilient economic data, and some of the most disruptive trade measures were eased or postponed. The fund returned 4.19% in t ...

Harbor Capital Appreciation Fund, an investment management company, released its Q3 2025 investor letter. A copy of the same can be downloaded here. The Harbor Capital Appreciation Fund primarily focuses on investing in equity securities, targeting U.S. companies that have a market capitalization of at least $1 billion at the time of investment. US equities delivered solid results in the third quarter, driven by continued momentum in AI and strong corporate earnings. The Federal Reserve’s interest rate cut ...

Harbor Capital Appreciation Fund 2025年第三季度表现 - 基金在2025年第三季度回报率为5.11% 同期罗素1000增长指数回报10.51% 标普500指数回报8.12% [1] - 美国股市在第三季度表现稳健 主要驱动力是人工智能领域的持续势头和强劲的企业盈利 美联储在季度末的降息也为市场提供了支撑 [1] - 该基金主要投资于股票证券 目标是在投资时市值至少达到10亿美元的美国公司 [1] Toast, Inc. (TOST) 公司概况与市场表现 - Toast, Inc. 是一家为餐饮业提供云端数字技术平台的公司 [2] - 截至2025年12月24日 其股价报收于36.49美元 市值为214.56亿美元 [2] - 该股一个月回报率为8.80% 但过去52周股价下跌了4.92% [2] - 在更广泛的市场下跌中 Toast股价单日下跌了7.1% [4] Harbor Capital对Toast的投资观点 - Harbor Capital在2025年第三季度新建仓了Toast的头寸 认为其是云端餐厅技术领域的领导者 服务于一个庞大且渗透率不足的市场 [3] - Toast提供了一个集成的平台 涵盖销售点、支付、运营和客户互动 帮助餐厅提高效率、简化工作流程并提升客户体验 [3] - 向企业级和国际市场扩张 加上强大的经常性收入模式 使Toast具备盈利增长潜力 [3] 市场其他参与者对Toast的持仓 - 截至第三季度末 共有56家对冲基金的投资组合持有Toast 而前一季度为67家 [4] - Toast并未被列入某榜单的30只最受对冲基金欢迎的股票之中 [4]

Harbor Capital Appreciation Fund, an investment management company, released its Q3 2025 investor letter. A copy of the same can be downloaded here. The Harbor Capital Appreciation Fund primarily focuses on investing in equity securities, targeting U.S. companies that have a market capitalization of at least $1 billion at the time of investment. US equities delivered solid results in the third quarter, driven by continued momentum in AI and strong corporate earnings. The Federal Reserve’s interest rate cut ...