Beijing is seeking to expand people-to-people exchanges with Taiwan as it hosts hundreds from the island for an annual event, despite the ruling Democratic Progressive Party (DPP) banning Taiwanese officials from taking part. The Straits Forum, now in its 18th edition since 2009, is Beijing’s key platform for cross-strait people-to-people engagement, promoting exchanges in fields from culture to e...
Beijing is seeking to expand people-to-people exchanges with Taiwan as it hosts hundreds from the island for an annual event, despite the ruling Democratic Progressive Party (DPP) banning Taiwanese officials from taking part. The Straits Forum, now in its 18th edition since 2009, is Beijing’s key platform for cross-strait people-to-people engagement, promoting exchanges in fields from culture to economics as part of its broader push for cross-strait integration. The main forum takes place on...
Advanced Micro Devices (AMD) has gained about 128.45% year to date, at the time of writing, Thursday afternoon, June 11. Meanwhile, the SPDR S&P 500 index (SPY) is up about 8.47% in the same period. The company has outpaced the S&P 500 by a huge margin. That is impressive, but what is ...
Advanced Micro Devices (AMD) has gained about 128.45% year to date, at the time of writing, Thursday afternoon, June 11. Meanwhile, the SPDR S&P 500 index (SPY) is up about 8.47% in the same period. The company has outpaced the S&P 500 by a huge margin. That is impressive, but what is ...
过去两年，AI行业最不缺的是共识。几乎所有人都相信，AI会改变世界；几乎所有公司都在讲AI；几乎所有创业者、投资人、产业方，也都被卷进了这场大变革之中。 但到了2026年，一个更现实的问题开始浮出水面：AI到底在哪里真正产生价值？ 模型能力还在进化，Agent、多模态、具身智能、AI硬件、AI应用、AI for Science、智能制造、企业服务等方向持续升温。但与此同时，市场也变得更冷静。资本不...
The post Can Stocks Go Negative? by Dan Schmidt appeared first on Benzinga . Visit Benzinga to get more great content like this. When chip stocks erased more than $1 trillion in market value on June 5 and dragged the Nasdaq down 4.18% in a single session, plenty of investors opened their brokerage apps and winced. Watching a portfolio shrink that fast raises a blunt question: is there a floor, or ...
The post Can Stocks Go Negative? by Dan Schmidt appeared first on Benzinga . Visit Benzinga to get more great content like this. When chip stocks erased more than $1 trillion in market value on June 5 and dragged the Nasdaq down 4.18% in a single session, plenty of investors opened their brokerage apps and winced. Watching a portfolio shrink that fast raises a blunt question: is there a floor, or can a stock keep falling until you actually owe money? The short answer is reassuring, but it comes with two important exceptions worth understanding before the next selloff hits. Can a Stock Price Go Below Zero? No. A stock’s price cannot fall below zero, and if you bought shares with your own cash in a standard brokerage account, the most you can ever lose is the amount you invested. Stocks represent ownership in a company, and ownership comes with limited liability. That legal structure means shareholders are never on the hook for a company’s debts, so a share that becomes worthless simply goes to zero and stops there. If you put $2,000 into a stock and the company collapses entirely, your maximum loss is $2,000, not a penny more. What Happens When a Stock Hits Zero A stock typically only reaches zero when the company goes bankrupt, as Lehman Brothers did in 2008 and Enron did in 2001. In a Chapter 7 or Chapter 11 bankruptcy, creditors, bondholders, and preferred shareholders all get paid before common stockholders, who usually recover nothing. Long before a stock actually hits zero, exchanges step in. The Nasdaq and the New York Stock Exchange can delist a stock that trades below $1 for an extended period, pushing it to over-the-counter markets where it may trade for fractions of a cent. So in practice, a true zero is rare, but a 99% loss can feel functionally identical. When You Can Lose More Than You Invested Here is the first exception: borrowed money changes the math. If you trade in a margin account, you are using funds loaned by your broker, and under Federal Rese...
Good morning . SpaceX is ready for blastoff on Wall Street. Knicks mania has fans spending freely in New York. And Steven Spielberg has high hopes for Disclosure Day . Listen to the day’s top stories . — Angela Cullen Market Snapshot S&P 500 Futures 7,423.25 +0.4% Nasdaq 100 Futures 29,547.50 +0.3% Bloomberg Dollar Spot Index 1,207.05 +0.0% Market data as of 07:02 AM ET. Data is subject to provide...
Good morning . SpaceX is ready for blastoff on Wall Street. Knicks mania has fans spending freely in New York. And Steven Spielberg has high hopes for Disclosure Day . Listen to the day’s top stories . — Angela Cullen Market Snapshot S&P 500 Futures 7,423.25 +0.4% Nasdaq 100 Futures 29,547.50 +0.3% Bloomberg Dollar Spot Index 1,207.05 +0.0% Market data as of 07:02 AM ET. Data is subject to provider delays. SpaceX looks ready for blastoff when it debuts on Nasdaq this morning, after raising $75 billion—putting Elon Musk within reach of becoming the world’s first trillionaire. Shadow markets are pricing in a jump of at least 35% at the open. Asian investors, largely shut out of the IPO, have come up with creative ways to try and capture some of the gains, including buying into the space supply chain , industry-themed ETFs, and Nasdaq 100 Index-tracking funds. For an indication of just how stratospheric the offering is, here’s how it compares, but there’s one metric where it falls short . Magnificent 7 stocks are climbing in anticipation of SpaceX’s debut. Stock futures are also getting a boost from a potential US-Iran deal . A senior Iranian official indicated overnight that an agreement to reopen the Strait of Hormuz is likely, while a G7 official said it will likely take the form of a memorandum of understanding, rather than a final deal. Oil extended declines . Water stops or money grab? The 2026 FIFA World Cup, with 48 teams and three host countries, is the largest ever, and the “Americanization” of the tournament promises huge advertising revenue. Fox is turning water breaks, introduced to matches for the first time, into ad breaks by cutting to commercials while players hydrate. Comcast’s Telemundo, which owns the Spanish-language US rights, is taking a different tack, though sponsors still get their airtime. But, despite its best efforts, soccer remains a tough sell in America’s crowded sports marketplace. Here’s why . Gary Lineker Is Worried About the Trump Wo...
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Mark Bergen looks at the not-too-distant future of Europe from AI boosters. Tech Across the Globe Meta’s Manus divorce: The social media company has erected a firewall between its operations and the AI company it acquired for $2 billion. The Chinese government wants to br...
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Mark Bergen looks at the not-too-distant future of Europe from AI boosters. Tech Across the Globe Meta’s Manus divorce: The social media company has erected a firewall between its operations and the AI company it acquired for $2 billion. The Chinese government wants to break up the deal . Amazon’s water use: The company pushed back against complaints that data centers are using a disproportionate amount of the world’s resources. Here are the numbers Amazon released . Adobe’s leadership vacuum: The software company is losing its veteran chief financial officer just three months after its longtime chief executive officer said he would be stepping down. Investors are worried about the departures . Revalued Jeff Bezos’ artificial intelligence lab Prometheus has raised $12 billion in a funding round that values the firm at $41 billion. The company focuses on developing AI models and tools that will help engineer and manufacture products for industry. Europe 2031 Typically, AI doomers fret about a near future of mass unemployment or killer robots. A group of European researchers published a less grim, but more plausible, doom scenario: one suggesting how advances in artificial intelligence and geopolitics will see the continent “slide into irrelevance.” Europe 2031 is a cautionary call-to-arms told as a science fiction novella. It follows two fictional characters — a French policy staffer in Brussels and a German entrepreneur living in California — who watch imagined dynamics of AI unfold over the next five years. In this story, Europe loses access to leading AI models, suffers from unstoppable cyberattacks, incurs huge debts and watches antitech extremist politics grow. To avoid this fate, the authors argue Europe must adopt its “most ambitious political agenda” in 80 years, making huge investments in data centers, chips, robotics and so on : Un...
Super Micro (SMCI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Super Micro (SMCI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Platini among former players to accuse captain of creating distraction as Deschamps defends captain’s right to speak “If there’s one wish I have, it’s for you to ask my players about the opponents, about football,” Didier Deschamps told journalists after announcing France’s World Cup squad. “I understand that you might feel obliged to ask other questions, but they’re not there to answer them.” Des...
Platini among former players to accuse captain of creating distraction as Deschamps defends captain’s right to speak “If there’s one wish I have, it’s for you to ask my players about the opponents, about football,” Didier Deschamps told journalists after announcing France’s World Cup squad. “I understand that you might feel obliged to ask other questions, but they’re not there to answer them.” Deschamps has found himself batting away questions about off-pitch issues beyond his scope before his final tournament as head coach. He has sought to protect his players from media scrutiny while insisting they are anything but sheltered from the wider political issues surrounding this tournament. Continue reading...
Desperate US parents pay up to $20,000 a session for a procedure scientists say could be bogus Autistic children as young as 18 months old are being injected with human stem cells derived from umbilical cords in unapproved, unproven and potentially harmful “treatments” that scientists warn are proliferating across the US under the active encouragement of the US health secretary, Robert F Kennedy J...
Desperate US parents pay up to $20,000 a session for a procedure scientists say could be bogus Autistic children as young as 18 months old are being injected with human stem cells derived from umbilical cords in unapproved, unproven and potentially harmful “treatments” that scientists warn are proliferating across the US under the active encouragement of the US health secretary, Robert F Kennedy Jr . Clinics in Florida, Texas and other states are selling what they bill as “regenerative medicine” to families with autistic children who have intensive care needs. Parents who have taken their children through the process talked to the Guardian about their hopes and fears for a therapy that appears to be gaining ground in the US. Continue reading...
Not With a Bang by Temi Oh; Tillinghast by Clare Cavenagh; Atomic Coffin by Benedict Anning; The Unicorn Hunters by Katherine Arden; Bad Things Happen Here by Mark Morris Not With a Bang by Temi Oh (Solstice, £20) The four daughters of a doomsday prepper were trained what to do in an emergency: grab their bags and head for the well-stocked bunker he had built in the garden of their London home. Bu...
Not With a Bang by Temi Oh; Tillinghast by Clare Cavenagh; Atomic Coffin by Benedict Anning; The Unicorn Hunters by Katherine Arden; Bad Things Happen Here by Mark Morris Not With a Bang by Temi Oh (Solstice, £20) The four daughters of a doomsday prepper were trained what to do in an emergency: grab their bags and head for the well-stocked bunker he had built in the garden of their London home. But when a world-shattering event occurs, the family are dispersed, individually forced to weigh their best options for survival as they shelter in place or struggle through devastated, chaotic streets. The story could suit a disaster movie (the author also writes screenplays), but it’s the complex characterisations and conflicted relationships that make for a powerfully compelling read. The characters are shown from different perspectives, and are flawed, human and real. Perfectly paced, this is a suspenseful depiction of survival amid civilisational collapse. Continue reading...
Guided by floating barriers, the Interceptor has already stopped more than 143,000lbs of rubbish from entering the Pacific from one LA river On an overcast June morning, I step from the rubber-sided Zodiac boat on to a floating barge at the mouth of Ballona Creek, where it meets Santa Monica Bay on the west side of Los Angeles. The first thing I notice? Salty air is the only smell, despite six gia...
Guided by floating barriers, the Interceptor has already stopped more than 143,000lbs of rubbish from entering the Pacific from one LA river On an overcast June morning, I step from the rubber-sided Zodiac boat on to a floating barge at the mouth of Ballona Creek, where it meets Santa Monica Bay on the west side of Los Angeles. The first thing I notice? Salty air is the only smell, despite six giant waste bins sitting atop the tennis court-sized barge. The contraption is actually two barges – a smaller platform sits nestled inside the larger boat. A floating barrier directs rubbish into the device, where a conveyor belt scoops it up. An automated shuttle then distributes the waste into six dumpsters on a separate barge, sending an alert to crews when it is full. Above, solar panels form the ceiling and a conveyor belt runs slowly, dropping bits of plastic and waste into each of the bins. The whole thing can hold about 20,000lbs (9,070kg) of rubbish – the same as one fully loaded lorry. Continue reading...