After being sentenced to 20 years’ imprisonment for national security offences on February 9, Apple Daily founder Jimmy Lai Chee-ying will decide if he wishes to appeal. He may challenge his convictions and/or sentences and has about two weeks to make up his mind. Given the length of his trial (156 days), the mountain of evidence and the legal issues, it will take time for any appeal to be resolve...
After being sentenced to 20 years’ imprisonment for national security offences on February 9, Apple Daily founder Jimmy Lai Chee-ying will decide if he wishes to appeal. He may challenge his convictions and/or sentences and has about two weeks to make up his mind. Given the length of his trial (156 days), the mountain of evidence and the legal issues, it will take time for any appeal to be resolved. Meanwhile, foreign actors have turned their attention to securing Lai’s early release. The lead...
At the India AI Impact Summit in New Delhi, OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei opted out of a traditional hand-holding gesture, causing a buzz. During a group photo with political and tech leaders on Thursday, including Indian Prime Minister Narendra Modi and Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) CEO Sundar Pichai, Altman and Amodei, who were keynote speakers at the event, chose ...
At the India AI Impact Summit in New Delhi, OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei opted out of a traditional hand-holding gesture, causing a buzz. During a group photo with political and tech leaders on Thursday, including Indian Prime Minister Narendra Modi and Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) CEO Sundar Pichai, Altman and Amodei, who were keynote speakers at the event, chose to raise fists rather than hold hands. Altman later told reporters, ” I didn’t know what was happeni
India’s central bank is likely to start buying dollars to bolster its foreign-exchange reserves once the rupee strengthens to around 88—89 per dollar, according to Citigroup Inc. ’s local markets head. “In the short-term, we see the rupee in a band of 90 to 91.25 per dollar,” Aditya Bagree , head of markets for India and the subcontinent, said in an interview in Mumbai. The currency closed 0.1% hi...
India’s central bank is likely to start buying dollars to bolster its foreign-exchange reserves once the rupee strengthens to around 88—89 per dollar, according to Citigroup Inc. ’s local markets head. “In the short-term, we see the rupee in a band of 90 to 91.25 per dollar,” Aditya Bagree , head of markets for India and the subcontinent, said in an interview in Mumbai. The currency closed 0.1% higher at 90.88 on Monday. Although the RBI’s reserves are at a record high , boosted by a historic rally in gold, it is carrying a $62 billion short forward book. As those contracts mature, the central bank will need to deliver dollars to banks, potentially draining its stockpile of reserves. The central bank sold dollars heavily in 2025 — a net $49.5 billion as per Nomura estimates — to support the rupee as it slid to record lows. Still, reserves have climbed to a record $725.7 billion, helped by a weaker greenback, a surge in gold and the RBI’s foreign-exchange swaps. The currency has trailed Asian peers in the past two weeks amid subdued foreign inflows, erasing part of its gains after the US cut tariffs on India earlier this month. Read More: Indian Rupee Needs Stronger Foreign Inflows to Sustain Rebound Seasonally, however, inflows tend to improve in February and March, Bagree said. That could offer a potential tailwind for the rupee. Greater stability could channel more foreign flows into the nation’s bonds, which offer relatively attractive yields compared with regional peers, he said. The rupee was Asia’s worst performer in 2025, falling nearly 5% amid high US tariffs and record equity outflows. While the pressure has eased after the US trade deal , the bond market may feel the strain from a heavy supply of sovereign debt that could keep borrowing costs elevated, Bagree said. “The gross supply expected next year is a worry,” he said, pegging total federal and state borrowing at close to 30 trillion rupees ($330 billion). As that supply hits the market in the financia...
The DNC Covered Up Its 2024 Election Autopsy, And Now We Know Why After the 2024 presidential election, the Democratic National Committee conducted an autopsy of the party’s defeat and intended to release it. It pledged an honest accounting of how Donald Trump reclaimed the White House. It assured its own officials, strategists, and donor class that a thorough post-mortem was coming. However, afte...
The DNC Covered Up Its 2024 Election Autopsy, And Now We Know Why After the 2024 presidential election, the Democratic National Committee conducted an autopsy of the party’s defeat and intended to release it. It pledged an honest accounting of how Donald Trump reclaimed the White House. It assured its own officials, strategists, and donor class that a thorough post-mortem was coming. However, after the autopsy was complete, the DNC clammed up and kept it under wraps. There was something in the report they didn’t want the public to see, and Democrats weren’t happy about it. The official explanation for suppressing the report is that releasing it would distract from the party's focus on winning back Congress in 2026 and not be distracted by the past. That explanation doesn’t hold up. Several Democrats, including advisers to potential 2028 presidential hopefuls, have argued that burying this report conveniently shields Harris from accountability runs again, while also protecting the consultant class whose strategic decisions contributed to the loss. "I suspect the reasons why this isn't being released are precisely the reasons why it should be released,” Lis Smith, a longtime adviser to Pete Buttigieg, said in a post on X last year. “The DNC's actual position is that if the public knew more about what Democrats got wrong in the last election, it would hurt the party's chances in the next election,” former Obama speechwriter Jon Favreau wrote . Favreau was more right than he realized. Because we know now what the DNC didn’t want the public to know. According to a report from Axios, DNC staff members working on the report held a private meeting with the IMEU Policy Project, a pro-Palestinian advocacy organization, specifically to discuss the electoral impact of U.S. policy toward Israel. Hamid Bendaas, a representative for the group, said the DNC acknowledged in that meeting that "their own data also indicated that this policy was, in their assessment, a 'negative' for t...
If you're looking to capitalize on the rapidly growing market for weight loss drugs, you can do so in different ways. One strategy is to invest in companies like Eli Lilly or Novo Nordisk that already dominate this space. Another is to target smaller biotechs looking to disrupt this niche over the next five to 10 years. The second approach is riskier, but arguably offers more upside potential. If ...
If you're looking to capitalize on the rapidly growing market for weight loss drugs, you can do so in different ways. One strategy is to invest in companies like Eli Lilly or Novo Nordisk that already dominate this space. Another is to target smaller biotechs looking to disrupt this niche over the next five to 10 years. The second approach is riskier, but arguably offers more upside potential. If you can stomach the risk and volatility, putting $5,000 (that you're not saving for emergencies) into a smaller weight-loss-focused drugmaker like Viking Therapeutics (NASDAQ: VKTX) could lead to outstanding returns over the next decade. Image source: Getty Images. Continue reading
Earnings Call Insights: Adeia Inc. (ADEA) Q4 2025 Management View CEO Paul Davis highlighted "record annual revenue exceeded the high end of our guidance range, and we delivered excellent operating income and EBITDA, also exceeding the high end of our guidance." He attributed this to momentum in key growth areas, notably OTT, and the execution of significant new agreements, including with Microsof...
Earnings Call Insights: Adeia Inc. (ADEA) Q4 2025 Management View CEO Paul Davis highlighted "record annual revenue exceeded the high end of our guidance range, and we delivered excellent operating income and EBITDA, also exceeding the high end of our guidance." He attributed this to momentum in key growth areas, notably OTT, and the execution of significant new agreements, including with Microsoft and Disney. Davis stated the Disney agreement "resolves all disputes" after a year of litigation, reinforcing the strength of Adeia's IP portfolio. He also announced a multiyear agreement with Major League Baseball and a renewal with Vodafone, as well as new customers in South Korea and Japan, broadening the licensing platform beyond Pay-TV. The CEO noted continued diversification: "non-Pay-TV recurring revenue growing 30% in the quarter year-over-year" and Pay-TV now projected to represent "approximately 35% to 40% of our forecasted revenue this year." He also discussed the ongoing litigation with DIRECTV, asserting, "we are confident we will ultimately be able to successfully resolve this matter." Davis introduced new leadership roles: Craig Mitchell as Chief Semiconductor Officer, Dr. Mark Kokes as Chief Revenue Officer, and Bill Thomas as Chief Strategy Officer. CFO Keith Jones reported "record revenue of $182.6 million was driven by the execution of 9 deals across a diverse mix of customers." He noted operating expenses were $49.2 million, a 33% increase from the prior quarter due to variable compensation. Litigation expense rose to $6.5 million. The CFO added, "Our adjusted EBITDA for the fourth quarter was $133.9 million, reflecting an adjusted EBITDA margin of 73%." Outlook Adeia issued 2026 revenue guidance of $395 million to $435 million. CFO Jones stated, "Overall, we see the first half of the year and the second half of the year being relatively equal in terms of revenue contribution." Operating expenses for 2026 are forecasted at $184 million to $192 million,...
Shares of Domino's Pizza (NASDAQ: DPZ) rallied on Monday after management highlighted the restaurant chain's massive expansion opportunity. By the close of trading, Domino's stock price was up more than 4%. Image source: Getty Images. Continue reading
Shares of Domino's Pizza (NASDAQ: DPZ) rallied on Monday after management highlighted the restaurant chain's massive expansion opportunity. By the close of trading, Domino's stock price was up more than 4%. Image source: Getty Images. Continue reading