Late. Late. Late. That's how I felt when I saw the Roundhill Memory ETF — symbol DRAM, of course — take in more than $5 billion in a month. Super late when I saw it took in $1.1 billion on Thursday alone, all to play what the press is hailing as the memory supercycle. But then I look at its core holdings like SK Hynix, Micron , Samsung, Sandisk , Seagate , Kioxia and Western Digital , I say to mys...
Late. Late. Late. That's how I felt when I saw the Roundhill Memory ETF — symbol DRAM, of course — take in more than $5 billion in a month. Super late when I saw it took in $1.1 billion on Thursday alone, all to play what the press is hailing as the memory supercycle. But then I look at its core holdings like SK Hynix, Micron , Samsung, Sandisk , Seagate , Kioxia and Western Digital , I say to myself this is a cocktail of high octane the world has never seen before. And a fantastic way to get exposure to the makers of memory all over the globe, including some not listed on American exchanges. The Korean companies are on fire. The Japanese firms are on fire. I want in. That billion that was invested on Thursday, maybe that was the smart money. Rather than late, I think that if you own this ETF you have everything that represents the incredible bottleneck of ever-rising prices where the customers can't say no thanks to the demands of AI computing. How can you say no to those kinds of investments? How do you say no to the insatiable? Late. Late. Late. I am reading my old friend Herb Greenberg's Substack newsletter, Red Flag Alerts, and what does he focus on this week? Modine Manufacturing . I know it is a smoking-hot company from its gorgeous stock chart and I know it has a tremendous reputation in heating and cooling. Modine says it has built really strong relationships with the hyperscalers. But Herb talks about how it hasn't been exactly straightforward with its transformation and how risky it's become. It does seem a little headlong. But the more I look at it, the more I think it hasn't really been discovered yet. I dig deeper and I can't believe how much these hyperscalers seem to love the company, even as Herb says that they might not even have any of these hyperscalers as clients. I'll take the other side of the trade. Modine Manufacturing is a buy. It sounds as good as Vertiv or Club name Eaton , two data center suppliers, except a little less discovered. Certa...
On May 8, 2026, Waterfall Asset Management disclosed a new position in InvenTrust Properties (NYSE:IVT) , acquiring 164,962 shares—an estimated $4.97 million trade based on quarterly average pricing. According to a SEC filing dated May 8, 2026, Waterfall Asset Management reported opening a new position in InvenTrust Properties (NYSE:IVT) by purchasing 164,962 shares. The estimated transaction valu...
On May 8, 2026, Waterfall Asset Management disclosed a new position in InvenTrust Properties (NYSE:IVT) , acquiring 164,962 shares—an estimated $4.97 million trade based on quarterly average pricing. According to a SEC filing dated May 8, 2026, Waterfall Asset Management reported opening a new position in InvenTrust Properties (NYSE:IVT) by purchasing 164,962 shares. The estimated transaction value was $4.97 million, based on the average unadjusted closing price for the first quarter of 2026. The position’s value at quarter’s end was $5.02 million, reflecting both trading activity and stock price changes. InvenTrust Properties Corp. is a leading retail REIT specializing in grocery-anchored shopping centers across high-growth Sun Belt markets. The company leverages disciplined capital allocation and a focused investment strategy to enhance its portfolio of multi-tenant retail properties. Its emphasis on essential retail tenants and favorable demographics supports stable cash flows and positions the company competitively within the retail REIT sector. Continue reading
Granite Point Mortgage Trust (NYSE:GPMT) reported a first-quarter loss as management said it remains focused on resolving legacy loans, reducing higher-cost debt and preparing to restart portfolio growth later in 2026. On the company’s first-quarter 2026 earnings call, President
Granite Point Mortgage Trust (NYSE:GPMT) reported a first-quarter loss as management said it remains focused on resolving legacy loans, reducing higher-cost debt and preparing to restart portfolio growth later in 2026. On the company’s first-quarter 2026 earnings call, President
Bloomberg Opinion Senior Executive Editor Tim O'Brien joins David Gura and Christina Ruffini on Bloomberg This Weekend to analyze the escalating tensions surrounding redistricting in the United States, particularly in light of recent Supreme Court rulings on the Voting Rights Act and decisions from the Virginia Supreme Court. (Source: Bloomberg)
Bloomberg Opinion Senior Executive Editor Tim O'Brien joins David Gura and Christina Ruffini on Bloomberg This Weekend to analyze the escalating tensions surrounding redistricting in the United States, particularly in light of recent Supreme Court rulings on the Voting Rights Act and decisions from the Virginia Supreme Court. (Source: Bloomberg)
Key PointsInvenTrust Properties sold 297,700 shares of NSA in the first quarter; the estimated transaction value was $10.06 million based on quarterly average pricing.
Key PointsInvenTrust Properties sold 297,700 shares of NSA in the first quarter; the estimated transaction value was $10.06 million based on quarterly average pricing.
Republican National Committee Chairman Joe Gruters joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss the recent polling data showing a slight increase in disapproval of President Trump's job performance, particularly among Republicans. (Source: Bloomberg)
Republican National Committee Chairman Joe Gruters joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss the recent polling data showing a slight increase in disapproval of President Trump's job performance, particularly among Republicans. (Source: Bloomberg)
The news doesn’t stop when markets close. Hosts David Gura, Christina Ruffini and Lisa Mateo bring clarity, context and a bit of humor to the weekend’s biggest headlines, LIVE from New York. Joined by Dr. Carlos Del Rio, Professor of Global Health and Epidemiology, Melissa Murray, Author of 'The US Constitution: A Comprehensive and Annotated Guide' and Former Law Clerk for Justice Sonia Sotomayor,...
The news doesn’t stop when markets close. Hosts David Gura, Christina Ruffini and Lisa Mateo bring clarity, context and a bit of humor to the weekend’s biggest headlines, LIVE from New York. Joined by Dr. Carlos Del Rio, Professor of Global Health and Epidemiology, Melissa Murray, Author of 'The US Constitution: A Comprehensive and Annotated Guide' and Former Law Clerk for Justice Sonia Sotomayor, Sara Albrecht, Chairman and CEO of Liberty Justice Center, Ethan Frisch and Ori Zohar, Co-Founders and Co-CEO's of Burlap & Barrel, Danny Russel, Former Assistant Secretary of State for East Asia, Nina Bandelj, Author of 'Overinvested: The Emotional Economy of Modern Parenting,' Johnny Olszewski, Democratic Representative of Maryland, Joe Gruters, Chair of the Republican National Committee, and John McCarthy, Former Biden Senior Advisor for Political Engagement. (Source: Bloomberg)
Alibaba Group Holding (NYSE:BABA) is preparing to roll out Qwen powered conversational AI shopping on its Taobao marketplace, shifting the experience from keyword search to interactive agent based journeys. The company is also introducing advanced robotics through its Amap unit and logistics arm Cainiao, including humanoid and warehouse automation robots. These AI and robotics deployments extend A...
Alibaba Group Holding (NYSE:BABA) is preparing to roll out Qwen powered conversational AI shopping on its Taobao marketplace, shifting the experience from keyword search to interactive agent based journeys. The company is also introducing advanced robotics through its Amap unit and logistics arm Cainiao, including humanoid and warehouse automation robots. These AI and robotics deployments extend Alibaba’s commercialization of its in house models beyond cloud into consumer retail and...
Microsoft (NasdaqGS:MSFT) has seen its planned US$1b data center expansion in Kenya stall after talks over government payment guarantees broke down. The project setback affects the timing of a major cloud and AI infrastructure buildout in an important African growth market. Separately, a long-running patent dispute over touchscreen and graphical user interface technology with Newman Infinite/Unlim...
Microsoft (NasdaqGS:MSFT) has seen its planned US$1b data center expansion in Kenya stall after talks over government payment guarantees broke down. The project setback affects the timing of a major cloud and AI infrastructure buildout in an important African growth market. Separately, a long-running patent dispute over touchscreen and graphical user interface technology with Newman Infinite/Unlimited has reached China's Supreme People's Court. Microsoft previously sought to invalidate the...
Boreham Wood 2-2 Rochdale (Rochdale 3-1 on pens) Rush 22, Abdulmalik 69; Smith 78, Dieseruvwe 90+6 Rochdale, who were so close to promotion in their final-day showdown against York, are back in the Football League after being seconds from heartbreak in normal time. Boreham Wood led 2-0 through Matt Rush and Abdul Abdulmalik, but Tyler Smith scored with 12 minutes left and Mani Dieseruvwe equalised...
Boreham Wood 2-2 Rochdale (Rochdale 3-1 on pens) Rush 22, Abdulmalik 69; Smith 78, Dieseruvwe 90+6 Rochdale, who were so close to promotion in their final-day showdown against York, are back in the Football League after being seconds from heartbreak in normal time. Boreham Wood led 2-0 through Matt Rush and Abdul Abdulmalik, but Tyler Smith scored with 12 minutes left and Mani Dieseruvwe equalised in the sixth minute of added time. Continue reading...
Waterfall Asset Management increased its stake in Millrose Properties (NYSE:MRP) , adding 219,984 shares in the first quarter, an estimated $6.62 million trade based on quarterly average pricing, according to a May 8, 2026, SEC filing. According to a May 8, 2026, SEC filing , Waterfall Asset Management bought 219,984 additional shares of Millrose Properties during the first quarter. The estimated ...
Waterfall Asset Management increased its stake in Millrose Properties (NYSE:MRP) , adding 219,984 shares in the first quarter, an estimated $6.62 million trade based on quarterly average pricing, according to a May 8, 2026, SEC filing. According to a May 8, 2026, SEC filing , Waterfall Asset Management bought 219,984 additional shares of Millrose Properties during the first quarter. The estimated transaction value was $6.62 million based on the average closing price from January through March 2026. The position’s quarter-end value increased by $5.96 million, a figure that includes both the share purchases and stock price changes during the period. Millrose Properties, Inc. delivers a differentiated platform for residential land banking, enabling homebuilders to expand controlled land positions with minimal upfront capital. The company's model creates stable, recurring income streams backed by residential real estate, historically accessible only to institutional investors. With a focus on capital efficiency and innovative land acquisition, Millrose positions itself as a strategic partner for both builders and investors seeking exposure to residential real estate markets. Continue reading
Markets enter a potentially pivotal week as geopolitical developments dominate with both U.S.-Iran negotiations and a highly anticipated Trump-Xi summit creating binary outcomes that could dramatically shift market dynamics.
Markets enter a potentially pivotal week as geopolitical developments dominate with both U.S.-Iran negotiations and a highly anticipated Trump-Xi summit creating binary outcomes that could dramatically shift market dynamics.
The crisis that exposed the artificial intelligence (AI) supply chain also revealed which companies sit above it. Since Iran closed the Strait of Hormuz on Feb. 28, the global helium market has lost access to roughly 30% of total output. Qatar's Ras Laffan facility, the world's largest helium production site, has been idle since early March. Moody's confirmed in April what semiconductor engineers ...
The crisis that exposed the artificial intelligence (AI) supply chain also revealed which companies sit above it. Since Iran closed the Strait of Hormuz on Feb. 28, the global helium market has lost access to roughly 30% of total output. Qatar's Ras Laffan facility, the world's largest helium production site, has been idle since early March. Moody's confirmed in April what semiconductor engineers had already calculated: There is no viable substitute for ultra-high-purity helium at scale, and the gas is indispensable at multiple stages of chip manufacturing. The companies that build the physical chips are working against a six-month stockpile clock. For investors trying to buy into AI right now , the supply chain question has a clear answer. The companies that matter most are the ones whose products are pure software. Two reported earnings this week make the case for them. Continue reading
One of five French people flown back to France on Sunday from the cruise ship struck by a deadly hantavirus outbreak is showing symptoms of the illness, French Prime Minister Sebastien Lecornu said. “One of them showed symptoms in the repatriation plane,” he posted on social media. “These five passengers have immediately been placed in strict isolation until further notice. “They are getting medic...
One of five French people flown back to France on Sunday from the cruise ship struck by a deadly hantavirus outbreak is showing symptoms of the illness, French Prime Minister Sebastien Lecornu said. “One of them showed symptoms in the repatriation plane,” he posted on social media. “These five passengers have immediately been placed in strict isolation until further notice. “They are getting medical treatment and will have tests and a medical check-up,” he added. Lecornu also said he would...
The New York Times recently published an opinion piece suggesting that the company is at the beginning of the end, but it’s more complicated than that.
The New York Times recently published an opinion piece suggesting that the company is at the beginning of the end, but it’s more complicated than that.