Financial Weekly Summary: Lemonade and Baldwin Insurance Rise, While Circle Internet and Upstart Decline
Corporate Earnings Impact: This week's market movements were influenced by a busy round of corporate earnings, with notable gains from Lemonade (up 25%), Baldwin Insurance Group (up 22%), and Brighthouse Financial (up 16%) following strong Q3 results and guidance boosts.
Top Losers: Circle Internet Group and Upstart Holdings both saw significant declines of 19% due to mixed Q3 results and lower Q4 guidance, while Kemper dropped 17.7% after missing earnings expectations.
Market Context: The ongoing U.S. government shutdown continues to affect market sentiment alongside trade and political developments.
Future Outlook: Companies like Karat Packaging are aiming for significant revenue growth, while KKR anticipates Q4 profit challenges due to underperformance in Asia's private equity sector.
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US Stocks Plummet as Microsoft Reports Disappointing Earnings
- Microsoft's Earnings Decline: Microsoft shares plummeted over 12% after reporting disappointing cloud business growth, significantly impacting the broader market, particularly technology stocks.
- Meta Platforms' Strong Rebound: Meta Platforms' stock rose more than 7% after reporting Q4 revenue of $59.89 billion, exceeding market expectations, thus providing a positive influence on the market.
- Surge in Energy Prices: WTI crude oil prices increased by over 3% to a 4.25-month high, driven by President Trump's call for a nuclear deal with Iran, boosting energy producers' stock prices.
- Unemployment Claims Data: Initial jobless claims in the US fell by 1,000 to 209,000, indicating a slightly weaker labor market, while continuing claims dropped to a six-month low, suggesting overall market strength.

Broad Peak Investment Advisers Acquires 1.41 Million Shares of Riot Platforms
- Share Acquisition: On January 29, Broad Peak Investment Advisers disclosed the acquisition of 1.41 million shares of Riot Platforms valued at $17.86 million, indicating strong conviction in the company's potential and reinforcing its position in the digital infrastructure sector.
- Asset Allocation: Following this transaction, Riot Platforms represents 3.2% of Broad Peak's 13F reportable AUM, highlighting its significance within the portfolio, particularly alongside software and semiconductor sectors.
- Financial Performance: Riot reported record revenue of $180.2 million in Q3, with net income of $104.5 million, marking a significant turnaround from a loss a year prior, driven by rising Bitcoin prices and increased mining output.
- Strategic Shift: Riot is pivoting towards data center development and power infrastructure, with an initial buildout of 112 megawatts at its Corsicana campus, indicating a shift in its business model towards the









