Getty Images There have been a lot of bitcoin miners in the last 3-6 months that have been making deals with other companies (several with Fluidstack) where the bitcoin miner leases out there infrastructure and energy access for many years. In essence, companies
Getty Images There have been a lot of bitcoin miners in the last 3-6 months that have been making deals with other companies (several with Fluidstack) where the bitcoin miner leases out there infrastructure and energy access for many years. In essence, companies
matejmo Stock index futures were lower on Friday as traders kept a keen eye on the wholesale inflation report due today. Now, here are five news stories that broke overnight to watch out for: ASML high-volume tools ready : ASML Holding’s (
matejmo Stock index futures were lower on Friday as traders kept a keen eye on the wholesale inflation report due today. Now, here are five news stories that broke overnight to watch out for: ASML high-volume tools ready : ASML Holding’s (
Walter Cicchetti/iStock Editorial via Getty Images 2025 was a year of exceptional progress at Eni SpA ( E ) and its distinctive and differentiated strategy. That strategy, I really like, and I wrote about it in September last year. In
Walter Cicchetti/iStock Editorial via Getty Images 2025 was a year of exceptional progress at Eni SpA ( E ) and its distinctive and differentiated strategy. That strategy, I really like, and I wrote about it in September last year. In
Stock markets mostly rose Friday with traders relieved by the tech sector holding firm despite concerns over massive AI investments."There are also concerns related to stretched valuations and Nvidia's dependence on capital spending by large technology companies investing in AI infrastructure.
Stock markets mostly rose Friday with traders relieved by the tech sector holding firm despite concerns over massive AI investments."There are also concerns related to stretched valuations and Nvidia's dependence on capital spending by large technology companies investing in AI infrastructure.
Sebastien Mercier/iStock via Getty Images Starwood Property Trust ( STWD ) yet again failed to fully earn its dividend of $0.48 per-share with earnings available for distribution, causing the mortgage origination platform to report a $0.06 per-share dividend shortfall for the fourth fiscal
Sebastien Mercier/iStock via Getty Images Starwood Property Trust ( STWD ) yet again failed to fully earn its dividend of $0.48 per-share with earnings available for distribution, causing the mortgage origination platform to report a $0.06 per-share dividend shortfall for the fourth fiscal
China has stepped in to mediate between Pakistan and Afghanistan following an escalation of their conflict, urging both sides to end the fighting and settle their disputes through dialogue. This comes after Pakistan bombed major cities in Afghanistan on Friday, including the capital Kabul, and declared “open war” with its neighbour after months of deadly clashes. Chinese Ministry of Foreign Affair...
China has stepped in to mediate between Pakistan and Afghanistan following an escalation of their conflict, urging both sides to end the fighting and settle their disputes through dialogue. This comes after Pakistan bombed major cities in Afghanistan on Friday, including the capital Kabul, and declared “open war” with its neighbour after months of deadly clashes. Chinese Ministry of Foreign Affairs spokeswoman Mao Ning said on Friday that as a neighbour and a friend to both countries, China was...
In this article XYZ Follow your favorite stocks CREATE FREE ACCOUNT Jonathan Raa | Nurphoto | Getty Images In a week where the News Gods have given us a cornucopia of stories, it's a fool's game to pick out the biggest one. Was it Trump's extraordinary State of The Union? The phenomenal Nvidia results that failed to answer questions over whether the enormous hyperscaler splurge will result in sign...
In this article XYZ Follow your favorite stocks CREATE FREE ACCOUNT Jonathan Raa | Nurphoto | Getty Images In a week where the News Gods have given us a cornucopia of stories, it's a fool's game to pick out the biggest one. Was it Trump's extraordinary State of The Union? The phenomenal Nvidia results that failed to answer questions over whether the enormous hyperscaler splurge will result in significant profits further down the line? The rising tensions between Iran and the U.S.? Let me play the fool for a moment, because I think the news from a medium-sized tech payments company might have longer term tremors and be a warning of societal upheaval far greater than other stories of the week. Block, a $33 billion company, surged in extended trading on Thursday after cofounder and CEO Jack Dorsey, best known for cofounding Twitter, told the market he is laying off nearly half his workforce. He wrote to shareholders than 4,000 of the 10,000 were "being asked to leave or entering into consultation" to leave. Again: That is nearly half his workforce! Block CFO Amrita Ahuja said the job cuts would position the company "for our next phase of long term growth." "We are choosing to shift how we operate at a time when our business is accelerating and we see an opportunity to move faster with smaller, highly talented teams using AI to automate more work," Ahuja wrote. Job cuts happen all the time, but what Dorsey had to say should be a wake-up call for everyone. He said he expects other companies to similarly overhaul their workforces as they see more efficiency gains from "intelligence tools." Let that sink in: Dorsey expects other companies to similarly overhaul their workforces as they see more efficiency gains from "intelligence tools." "Within the next year, I believe the majority of companies will reach the same conclusion and make similar structural changes," he wrote. Do the math: 10,000 jobs to just under 6,000 replicated across industries across the nation, across th...
Compassionate Eye Foundation/Morsa Images/DigitalVision via Getty Images Sadly for shareholders, Genesco ( GCO ) just cannot catch a break. Since I reaffirmed the company as a ‘sell’ candidate back in November of last year, the stock has dropped 8.4%. This is at
Compassionate Eye Foundation/Morsa Images/DigitalVision via Getty Images Sadly for shareholders, Genesco ( GCO ) just cannot catch a break. Since I reaffirmed the company as a ‘sell’ candidate back in November of last year, the stock has dropped 8.4%. This is at
Met arrests man on suspicion of racially aggravated criminal damage after slogans including ‘Zionist war criminal’ sprayed A 38-year-old man has been arrested after the statue of Winston Churchill outside the Houses of Parliament was defaced with graffiti calling the former prime minister a “Zionist war criminal”. The Metropolitan police said the man was arrested on suspicion of racially aggravate...
Met arrests man on suspicion of racially aggravated criminal damage after slogans including ‘Zionist war criminal’ sprayed A 38-year-old man has been arrested after the statue of Winston Churchill outside the Houses of Parliament was defaced with graffiti calling the former prime minister a “Zionist war criminal”. The Metropolitan police said the man was arrested on suspicion of racially aggravated criminal damage on Friday morning. Continue reading...
Applied Digital (NASDAQ: APLD) is in an enviable position among companies in the artificial intelligence space. The data center developer has $16 billion in contracted lease revenue. To the company's bulls, that number is key to its investment thesis. It suggests years of locked-in cash flow and a level of security that helps investors sleep at night. But dig a little deeper, and the cracks emerge...
Applied Digital (NASDAQ: APLD) is in an enviable position among companies in the artificial intelligence space. The data center developer has $16 billion in contracted lease revenue. To the company's bulls, that number is key to its investment thesis. It suggests years of locked-in cash flow and a level of security that helps investors sleep at night. But dig a little deeper, and the cracks emerge. There is a major weakness at its heart: counterparty risk -- that is, the money is only "guaranteed" if the company on the other side of the deal can pay the rent. Continue reading
Three people suffered leg injuries after a wild boar was found roaming inside an MTR station and at a residential estate in Hong Kong on Friday. Police said they received multiple reports of sightings of the wild boar at Wu Kai Sha station and the Lake Silver housing complex at 5.08pm. The force said two men and one woman aged 45 to 87 suffered leg injuries, but it was unclear whether the boar wou...
Three people suffered leg injuries after a wild boar was found roaming inside an MTR station and at a residential estate in Hong Kong on Friday. Police said they received multiple reports of sightings of the wild boar at Wu Kai Sha station and the Lake Silver housing complex at 5.08pm. The force said two men and one woman aged 45 to 87 suffered leg injuries, but it was unclear whether the boar wounded them. They were taken to Prince of Wales Hospital in Sha Tin for treatment. Authorities later...
Geoff Scott appointed in medical department overhaul He had 20 years at Spurs but clashed with Postecoglou Nottingham Forest has appointed a new director of performance, Tottenham’s former head of medicine and sports science Geoff Scott, amid concerns that injury problems have exacerbated their struggle to avoid relegation. Scott spent 20 years at Tottenham until leaving two years ago after a clas...
Geoff Scott appointed in medical department overhaul He had 20 years at Spurs but clashed with Postecoglou Nottingham Forest has appointed a new director of performance, Tottenham’s former head of medicine and sports science Geoff Scott, amid concerns that injury problems have exacerbated their struggle to avoid relegation. Scott spent 20 years at Tottenham until leaving two years ago after a clash with the then manager, Ange Postecoglou, who was in charge of Forest for eight matches this season. Continue reading...